Short Communication: Sensitivity Analysis of an Integrated Climate-Economic Model

We conduct a sensitivity analysis of a new type of integrated climate-economic model recently proposed in the literature, where the core economic component is based on the Goodwin--Keen dynamics instead of a neoclassical growth model. Because these models can exhibit much richer behavior, including multiple equilibria, runaway trajectories, and unbounded oscillations, it is crucial to determine their sensitivity to changes in underlying …