Incorporating Climate Change and Climate Policy into Macroeconomic ModelingIncorporating Climate Change and Climate Policy into Macroeconomic Modeling Macroeconomic models, essential for decision making and federal budget planning, may not appropriately consider the wide breadth of climate related impacts that potentially have large macroeconomic significance. Challenges integrating climate factors into macroeconomic analyses can stem from the complexity of macroeconomics, climate science, policy instruments, and their