Temporal dimension - GRACE

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GRACE is calibrated around a base year (2014 in Nov. 2020). The base year is updated following the latest GTAP database. Then the model can be solved yearly until a future year, such as 2050 and 2100 by updating external variables every year.

Alert-warning.png Note: The documentation of GRACE is 'under review' and is not yet 'published'!

Model Documentation - GRACE

Corresponding documentation
Previous versions
No previous version available
Model information
Model link
Institution Center for International Climate Research (CICERO), Norway, https://cicero.oslo.no/en.
Solution concept General equilibrium (closed economy)
Solution method SimulationRecursive dynamic solution method
Anticipation