Less Precision, More Truth: Uncertainty in Climate Economics and Macroprudential Policy

Date: 01 August 2014

This paper explores what lessons might be learned from climate system modelling for financial system modelling and macroprudential policy.

J. Doyne Farmer Cameron Hepburn

Economics of Sustainability

Less Precision, more truth: uncertainty in climate economics and macroprudential policy


Type: paper

Farmer, D. & Hepburn, C. (2014). ‘Less Precision, more truth: uncertainty in climate economics and macroprudential policy’. Bank of England interdisciplinary workshop, Revised Version August 2014.


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