Calibration of the AD-RICE 2012 Model
18 Pages Posted: 29 Apr 2015
Date Written: April 28, 2014
The AD-RICE2012 model is an updated version of the AD-RICE99 (Nordhaus and Boyer 2001) model, where the AD_RICE99 model is based on the RICE99 model and the AD-RICE2012 on the RICE2010 (Nordhaus 2010) model. In this document, we will describe the calibration of the AD-RICE2012 model and compare it with the AD-RICE99 model.
JEL Classification: Q54
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