Economics, Econometrics and Finance
6 years ago

New model predicts impact of environmental policies on US economy.

RePEc: Research Papers in Economics
An Applied General Equilibrium Model for the Analysis of Environmental Policy: SAGE v1.0 Technical Documentation
Alex Marten, Richard Garabccio

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The SAGE model is a tool used to study how environmental policies affect the U.S. economy. It looks at different regions and households to see how taxes on labor, capital, production, and consumption impact the economy. The model is based on real data and is solved using a specific computer program.