Details about Yongyang Cai

Access statistics for papers by Yongyang Cai.

Last updated 2024-01-04. Update your information in the RePEc Author Service.

Short-id: pca961

Working Papers

2025

1. Dynamics of Global Emission Permit Prices and Regional Social Cost of Carbon under Noncooperation
   Papers, arXiv.org

2022

2. Climate Change Impact on Economic Growth: Regional Climate Policy under Cooperation and Noncooperation
   DEOS Working Papers, Athens University of Economics and Business View citations (2)
   See also Journal Article Climate Change Impact on Economic Growth: Regional Climate Policy under Cooperation and Noncooperation, Journal of the Association of Environmental and Resource Economists, University of Chicago Press (2023) View citations (3) (2023)

2021

3. A Simple but Powerful Simulated Certainty Equivalent Approximation Method for Dynamic Stochastic Problems
   NBER Working Papers, National Bureau of Economic Research, Inc
   See also Journal Article A simple but powerful simulated certainty equivalent approximation method for dynamic stochastic problems, Quantitative Economics, Econometric Society (2023) (2023)

2020

4. Modeling Uncertainty in Large Natural Resource Allocation Problems
   Policy Research Working Paper Series, The World Bank View citations (1)
5. Numerical Solution of Dynamic Portfolio Optimization with Transaction Costs
   Papers, arXiv.org View citations (1)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (12)
6. The Role of Uncertainty in Controlling Climate Change
   Papers, arXiv.org View citations (5)

2019

7. Climate Policy under Spatial Heat Transport: Cooperative and Noncooperative Regional Outcomes
   Papers, arXiv.org View citations (5)
8. To Build or not to Build? Capital Stocks and Climate Policy
   OxCarre Working Papers, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford View citations (14)
   Also in GRI Working Papers, Grantham Research Institute on Climate Change and the Environment (2018) View citations (7)
   CESifo Working Paper Series, CESifo (2018) View citations (9)

2018

9. Climate Policy under Cooperation and Competition between Regions with Spatial Heat Transport
   DEOS Working Papers, Athens University of Economics and Business View citations (9)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (9)
10. Cost of forest carbon sequestration as a response to climate change in the presence of climate impacts
    2018 Annual Meeting, August 5-7, Washington, D.C., Agricultural and Applied Economics Association

2017

11. Build Today, Regret Tomorrow? Infrastructure and Climate Policy
    Conference papers, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project
12. Developing long-run agricultural R&D policy in the face of uncertain economic growth
    Conference papers, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project
    Also in 2017 Allied Social Sciences Association (ASSA) Annual Meeting, January 6-8, 2017, Chicago, Illinois, Agricultural and Applied Economics Association (2016)
13. Optimal Dynamic Fiscal Policy with Endogenous Debt Limits
    2017 Meeting Papers, Society for Economic Dynamics View citations (1)
14. Optimal timber management decisions in the face of future uncertainties
    2017 Annual Meeting, July 30-August 1, Chicago, Illinois, Agricultural and Applied Economics Association

2016

15. Agricultural R&D Policy in the Face of Climate and Economic Uncertainty
    2016 Annual Meeting, July 31-August 2, Boston, Massachusetts, Agricultural and Applied Economics Association
16. Agricultural R&D policy under climate and economic uncertainty
    Conference papers, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project
17. Climate Change Economics and Heat Transport across the Globe: Spatial-DSICE
    2017 Allied Social Sciences Association (ASSA) Annual Meeting, January 6-8, 2017, Chicago, Illinois, Agricultural and Applied Economics Association

2015

18. A Nonlinear Certainty Equivalent Approximation Method for Dynamic Stochastic Problems
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    See also Journal Article A nonlinear certainty equivalent approximation method for dynamic stochastic problems, Quantitative Economics, Econometric Society (2017) View citations (8) (2017)
19. Energy Price Uncertainty and Global Land Use
    2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California, Agricultural and Applied Economics Association
20. The Social Cost of Carbon with Economic and Climate Risks
    Papers, arXiv.org View citations (32)
    See also Journal Article The Social Cost of Carbon with Economic and Climate Risks, Journal of Political Economy, University of Chicago Press (2019) View citations (126) (2019)
21. Urbanization and property rights
    Policy Research Working Paper Series, The World Bank

2014

22. The effect of climate and technological uncertainty in crop yields on the optimal path of global land use
    Policy Research Working Paper Series, The World Bank View citations (12)

2013

23. Nonlinear Programming Method for Dynamic Programming
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    See also Journal Article A NONLINEAR PROGRAMMING METHOD FOR DYNAMIC PROGRAMMING, Macroeconomic Dynamics, Cambridge University Press (2017) View citations (1) (2017)
24. Optimal Path for Global Land Use under Climate Change Uncertainty
    2013 Annual Meeting, August 4-6, 2013, Washington, D.C., Agricultural and Applied Economics Association
25. Solving Dynamic Programming Problems on a Computational Grid
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    See also Journal Article Solving Dynamic Programming Problems on a Computational Grid, Computational Economics, Springer (2015) View citations (9) (2015)
26. The Social Cost of Stochastic and Irreversible Climate Change
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (72)

2012

27. Continuous-Time Methods for Integrated Assessment Models
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)
28. Dynamic Programming with Hermite Approximation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article Dynamic programming with Hermite approximation, Mathematical Methods of Operations Research, Springer (2015) View citations (4) (2015)

Undated

29. Computing Equilibria of Dynamic Games
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (1)
    See also Journal Article Computing Equilibria of Dynamic Games, Operations Research, INFORMS (2017) View citations (2) (2017)

Journal Articles

2023

1. A simple but powerful simulated certainty equivalent approximation method for dynamic stochastic problems
   Quantitative Economics, 2023, 14, (2), 651-687
   See also Working Paper A Simple but Powerful Simulated Certainty Equivalent Approximation Method for Dynamic Stochastic Problems, NBER Working Papers (2021) (2021)
2. Climate Change Impact on Economic Growth: Regional Climate Policy under Cooperation and Noncooperation
   Journal of the Association of Environmental and Resource Economists, 2023, 10, (3), 569 - 605 View citations (3)
   See also Working Paper Climate Change Impact on Economic Growth: Regional Climate Policy under Cooperation and Noncooperation, DEOS Working Papers (2022) View citations (2) (2022)

2020

3. To build or not to build? Capital stocks and climate policy∗
   Journal of Environmental Economics and Management, 2020, 100, (C) View citations (27)

2019

4. Computational Methods in Environmental and Resource Economics
   Annual Review of Resource Economics, 2019, 11, (1), 59-82 View citations (12)
5. The Social Cost of Carbon with Economic and Climate Risks
   Journal of Political Economy, 2019, 127, (6), 2684 - 2734 View citations (126)
   See also Working Paper The Social Cost of Carbon with Economic and Climate Risks, Papers (2015) View citations (32) (2015)

2018

6. Urbanization and land property rights
   Regional Science and Urban Economics, 2018, 70, (C), 246-257 View citations (15)

2017

7. A NONLINEAR PROGRAMMING METHOD FOR DYNAMIC PROGRAMMING
   Macroeconomic Dynamics, 2017, 21, (2), 336-361 View citations (1)
   See also Working Paper Nonlinear Programming Method for Dynamic Programming, NBER Working Papers (2013) View citations (2) (2013)
8. A nonlinear certainty equivalent approximation method for dynamic stochastic problems
   Quantitative Economics, 2017, 8, (1), 117-147 View citations (8)
   See also Working Paper A Nonlinear Certainty Equivalent Approximation Method for Dynamic Stochastic Problems, NBER Working Papers (2015) View citations (5) (2015)
9. Agricultural research spending must increase in light of future uncertainties
   Food Policy, 2017, 70, (C), 71-83 View citations (11)
10. Computing Equilibria of Dynamic Games
    Operations Research, 2017, 65, (2), 337-356 View citations (2)
    See also Working Paper Computing Equilibria of Dynamic Games, GSIA Working Papers View citations (1)

2016

11. Risk of multiple interacting tipping points should encourage rapid CO2 emission reduction
    Nature Climate Change, 2016, 6, (5), 520-525 View citations (88)

2015

12. Dynamic programming with Hermite approximation
    Mathematical Methods of Operations Research, 2015, 81, (3), 245-267 View citations (4)
    See also Working Paper Dynamic Programming with Hermite Approximation, NBER Working Papers (2012) View citations (3) (2012)
13. Solving Dynamic Programming Problems on a Computational Grid
    Computational Economics, 2015, 45, (2), 261-284 View citations (9)
    See also Working Paper Solving Dynamic Programming Problems on a Computational Grid, NBER Working Papers (2013) View citations (4) (2013)
14. Stochastic integrated assessment of climate tipping points indicates the need for strict climate policy
    Nature Climate Change, 2015, 5, (5), 441-444 View citations (98)

2013

15. Shape-preserving dynamic programming
    Mathematical Methods of Operations Research, 2013, 77, (3), 407-421 View citations (9)

2012

16. Dynamic programming with shape-preserving rational spline Hermite interpolation
    Economics Letters, 2012, 117, (1), 161-164 View citations (9)
17. Open science is necessary
    Nature Climate Change, 2012, 2, (5), 299-299 View citations (17)

2010

18. Stable and Efficient Computational Methods for Dynamic Programming
    Journal of the European Economic Association, 2010, 8, (2-3), 626-634 View citations (14)