Skip to main navigation Skip to main content
info(at)avldigital.remove-this.de
Deutsch English
Last searches

Results for *

Displaying results 1 to 2 of 2.

  1. A review of macroeconomic models for the WEFE nexus assessment
    Author: Castelli, Chiara; Castellini, Marta; Ciola, Emanuele; Gusperti, Camilla; Romani, Ilenia Gaia; Vergalli, Sergio
    Published: November 2022
    Publisher:  Fondazione Eni Enrico Mattei, Milano, Italia

    The Water, Energy, Food and Ecosystems (WEFE) nexus refers to the system of complex and highly non-linear interconnections between these four elements. It now represents the basic framework to assess and design policies characterized by an holistic... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 125
    Inter-library loan:
    No inter-library loan

     

    The Water, Energy, Food and Ecosystems (WEFE) nexus refers to the system of complex and highly non-linear interconnections between these four elements. It now represents the basic framework to assess and design policies characterized by an holistic environmental end economical perspective. In this work, we provide a systematic review of the macroeconomic models investigating its components as well as combinations of them and their interlinkages with the economic system. We focus on four different types of macroeconomic models: Computable General Equilibrium (CGE) models, Integrated Assessment Models (IAMs), Agent-based Models (ABMs), and Dynamic Stochastic General Equilibrium (DSGE) models. On the basis of our review, we find that the structure of IAMs is currently the most used to represent the nexus complexity, while DSGE models focus only on single components but appear to be better suited to account for the randomization of exogenous shocks. CGE models and ABMs could be more effective on the side of the policy perspective. Indeed, the former can account for interlinkages across sectors and countries, while the latter can define theoretical frameworks that better approximate reality.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/267500
    Series: Working paper / Fondazione Eni Enrico Mattei ; 2022, 35
    Subjects: Agent-based; Computable general equilibrium; Dynamic stochastic general equilibrium; Integrated assessment; Macroeconomic models; Water-energy-foodecosystems nexus
    Scope: 1 Online-Ressource (circa 46 Seiten), Illustrationen
  2. The DSK-SFC stock-flow consistent agent-based integrated assessment model
    Author: Reissl, Severin; Fierro, Luca E.; Lamperti, Francesco; Roventini, Andrea
    Published: [2024]
    Publisher:  LEM, Laboratory of Economics and Management, Institute of Economics, Scuola Superiore Sant'Anna, Pisa, Italy

    We present an updated, stock-flow consistent version of the "Dystopian Schumpeter meeting Keynes" agent-based integrated assessment model. By embedding the model in a fully specified accounting system, all balance sheet items and financial flows can... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 203
    Inter-library loan:
    No inter-library loan

     

    We present an updated, stock-flow consistent version of the "Dystopian Schumpeter meeting Keynes" agent-based integrated assessment model. By embedding the model in a fully specified accounting system, all balance sheet items and financial flows can be explicitly and consistently tracked throughout a simulation. This allows for an improved analysis of climate change and climate policy scenarios in terms of their systemic implications for agent and sector-level balance sheet dynamics and financial stability. We provide an extensive description of the updated model, representing the most detailed outline of a model from the well-established "Keynes + Schumpeter" family available to date. Following a discussion of calibration and validation, we present a range of example scenarios.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: LEM working paper series ; 2024, 09 (March 2024)
    Subjects: Climate change; Agent-based models; Integrated assessment
    Scope: 1 Online-Ressource (circa 58 Seiten), Illustrationen