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UID:178ab76f6817f23b5326213581a50fca
DTSTAMP:20241105T001819Z
SUMMARY:Diego Kaenzig\, PhD\, Northwestern University 
DESCRIPTION: \n\nTITLE: THE UNEQUAL ECONOMIC CONSEQUENCES OF CARBON PRICING
 \n\nABSTRACT: This paper studies the economic impacts of carbon pricing.\n
 Exploiting institutional features of the European carbon market and\nhigh-
 frequency data\, I document that a tighter carbon pricing regime\nleads to
  higher energy prices\, lower emissions and more green\ninnovation. This c
 omes at the cost of a fall in economic activity\,\nwhich is borne unequall
 y across society: poorer households lower their\nconsumption significantly
  while richer households are less affected.\nThe poor are more exposed bec
 ause of their higher energy share and\,\nimportantly\, also experience a l
 arger fall in income. Targeted fiscal\npolicy can help alleviate these cos
 ts while maintaining emission\nreductions.\n\n [https://] Paper:\nhttps://
 dkaenzig.github.io/diegokaenzig.com/Papers/kaenzig_jmp_unequal_consequence
 s_carbon_pricing.pdf\n 
DTSTART:20230421T180000Z
DTEND:20230421T193000Z
LOCATION:Gerri C. LeBow Hall\, 3220 Market Street\, 722\, Philadelphia\, PA
  19104
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