Materials
Slides 1 : An Introduction to Environmental Macroeconomics
Objectives of the Lecture:
- Understanding the mechanism between human acticities and global warming;
- Defining the concept of mitigation versus adaptation.
- Getting the literature in environmental macroeconomics;
Materials:
| Slides_intro.pdf Slides |
Problem set: Optimal carbon pricing in static and dynamic economies
Objectives of the Lecture:
- Demonstrating how an externality breaks the 2nd welfare theorem;
- How carbon tax can improve allocation;
Materials:
| problem_set.pdf Problem Set |
Slides: DICE in Dynare
Objectives of the Lecture:
- Mastering the main assumptions of DICE;
- Solving DICE in Dynare;
- Using symbolic toolbox to get the social cost of carbon;
Materials:
| Slides_DICE.pdf Slides DICE | MPC DICE A nice summary of DICE (calibration and equations) | Dynare_DICE.zip DICE solved in Dynare |