Hello everyone,
This is more a general question and less about Dynare. I work in energy system modeling, using humongous MILP (i.e., static) models, but I would like to try more dynamic ones to represent energy transition scenarios. I’ve seen some papers about DSGE models applied to the energy sector and renewable, but mainly concerning prices, and I would like to include “resource depletion” constraints, like a “no-Ponzi” condition but related to some input factors like CO2 budget, oil reserves, etc. I’ve not seen this type of constraints but my DSGE background is extremely limited.
Could someone point me to some research on this modeling type? It needs not be energy related.
Best,
David