Macroeconomic simulation of a global carbon tax shock II

Macroeconomic simulation of a global carbon tax shock II

The world is only getting hotter and we need to understand the potential ramifications of these climate change policies. Previously, Kemar outlined two carbon shock scenarios and their anticipated effects. In this video, he will explore in depth the results of the model simulation.
Overview

The National Institute of Economic and Social Research explores the results of the model simulation

Key learning objectives:

  • Understand the results of the model simulation

  • Identify how a carbon tax would affect price and emissions

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Summary
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Expert
Kemar Whyte

Kemar Whyte

Kemar Whyte is a senior economist at the National Institute of Economic and Social Research, specialising in macroeconomic modeling and forecasting. His research interests include financial stability and macroprudential regulation and supervision as well as applied macroeconomics and economic policy. Prior to joining NIESR in 2019, I obtained a masters degree in Economics from the University of the West Indies and a Ph.D. in economics from The University of Sheffield.

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