Economists develop economic models to explain consistently recurring relationships. Their models link one or more economic variables to other economic variables (see “Economic Models,” p. 8). For ...

Scientists have warned that current models are significantly underrepresenting the toll climate change is taking on the ...

Economic models used by governments, central banks and investors are increasingly understating physical climate risk because ...

Examples include the impact of a resurgence in the euro area debt crisis; a sharp adjustment in global energy prices; a fiscal stimulus coordinated among the largest economies; migration flows in ...

The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...

The report warns many economic models are failing to capture extreme weather events and rising uncertainty likely to dominate impacts in a hotter world.

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance ...