Monetary instruments - ENV-Linkages

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Alert-warning.png Note: The documentation of ENV-Linkages is 'in preparation' and is not yet 'published'!

Model Documentation - ENV-Linkages

Corresponding documentation
Previous versions
No previous version available
Model information
Model link
Institution Organisation for Economic Co-operation and Development (OECD), France, https://www.oecd.org/.
Solution concept General equilibrium (closed economy)
Solution method Optimization
Anticipation The ENV-Linkages model is a recursive dynamic neo-classical general equilibrium model, meaning that decision-makers do not know the future when making a decision today. After it solves each period, the model then uses the resulting state of the world, including the consequences of decisions made in that period - such as resource depletion, capital stock retirements and installations, and changes to the landscape - and then moves to the next time step and performs the same exercise.