Here you can find codes and material for the study of climate macroeconomic models developed by our associated researcher Prof. Dr. Willi Semmler and his coauthors. Many of these models can be solved by using the Nonlinear Model Predictive Control (NMPC) methodology by Grüne & Pannek (2011). The MATLAB code can be downloaded here(7.0 KB).

Papers and Codes

• Semmler & Sieveking (1993)(1.1 MB) Nonlinear liquidity-growth dynamics with corridor-stability, Journal of Economic Behavior and Organization 22. MATLAB code(23.3 KB).
• Greiner et al. (2013)(303.5 KB, 23 pages) Economic growth and the transition from non-renewable to renewable energy, Cambridge University Press. MATLAB code(7.2 KB).
• Grüne et al. (2015)(1.6 MB). Using nonlinear model predictive control for dynamic decision problems in economics, Journal of Economic Dynamics and Control, 60, 112-133.
• Semmler et al. (2024)(3.1 MB) Resilience and complex dynamics — safeguarding local stability against global instability, Working Paper. MATLAB code(12.7 KB).

Lectures on “Climate Macroeconomics Modeling, Empirics and Policies” (June 11-14, 2024, taught at the University of Bamberg)

The lectures are based on the recently published book “Sustainable Macroeconomics, Climate Risks, and Energy Transitions – Dynamic Modeling, Empirics, and Policies” by Unra Nyambuu and Willi Semmler, 2023, Springer Verlag. No particular prior knowledge is required, but a good understanding of linear algebra and programming skills are recommended.

• Lecture series on Sustainable Finance: Overview of Causes, Effects, and Policies. Slides(3.8 MB) & Video (Passcode: R43+V1Q8)
• Lecture 1: Global efforts, international agreements and environmental games Slides(1.8 MB) & Video (Passcode: k6=%LzcA)
• Lecture 2: Private sector: Market competition, new technology and renewable energy. Slides(1.0 MB) & Video (Passcode: 12W89*H$)
• Lecture 3: Financial Sector: Energy Transition and Financial Markets. Slides(2.8 MB) & Video (From min. 00:41; Passcode: 12W89*H$)
• Lecture 4: Public Sector: Energy Transition through Sustainable Macroeconomics. Slides(2.0 MB) & Video (Passcode: ^%Q&14wT)

Disclaimer: These codes are provided „as is“, and with the permission of Prof. Dr. Willi Semmler. We do not offer any support or advice regarding the use of these codes. If you have any questions regarding the codes or the corresponding papers, please contact Willi Semmler directly at semmlerw(at)newschool.edu.