Coupled Climate–Economics Modeling and Data Analysis:
Endogenous Business Cycles and Fluctuation–Dissipation Theory
Ecole Normale Supérieure, Paris, e University of California, Los Angeles
Abstract: This talk will address the mathematics of non-equilibrium macroeconomics  and of its interaction with climate variability and climate change [1,2]. First, I will review earlier work on endogenous business cycles (EnBCs)  and on how they affect the impact of natural catastrophes on the economy. Based on these previous findings, I will formulate an economic version of fluctuation–dissipation theory and show that it is supported by available data from the U.S. Bureau of Economic Analysis . Finally, results on the synchronization of business cycles across the world will be presented .
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