The report warns many economic models are failing to capture extreme weather events and rising uncertainty likely to dominate ...

Researchers say governments and financial institutions underestimating threat because they rely on models that assume climate ...

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

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

ECONOMISTS develop economic models to explain consistently recurring relationships. Their models link one or more economic variables to other economic variables (see “What Are Economic Models,” F&D, ...

Spatial econometrics addresses the challenges posed by spatially correlated data, enabling researchers to understand and quantify how economic phenomena in one location can influence those in ...

Lawrence Klein, the University of Pennsylvania economist who won the 1980 Nobel Prize for his computer-based models that help governments forecast the future and act accordingly, died Sunday at his ...