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The Design and Implementation of US Climate Policy$
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Don Fullerton and Catherine Wolfram

Print publication date: 2012

Print ISBN-13: 9780226269146

Published to Chicago Scholarship Online: September 2013

DOI: 10.7208/chicago/9780226921983.001.0001

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PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 09 April 2020

Distributional Impacts in a Comprehensive Climate Policy Package

Distributional Impacts in a Comprehensive Climate Policy Package

Chapter:
(p.21) 1 Distributional Impacts in a Comprehensive Climate Policy Package
Source:
The Design and Implementation of US Climate Policy
Author(s):

Gilbert E. Metcalf

Aparna Mathur

Kevin A. Hassett

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226921983.003.0002

This chapter quantifies the effects of climate policy on several different factors that influence household disposable income, focusing specifically on calculating the distributional impact of carbon pricing policies based on how households spend their income. It utilizes burden-shifting insights from computable general equilibrium (CGE) models along with the Consumer Expenditure Survey to measure the burden of carbon pricing on household spending patterns.

Keywords:   climate policy, carbon pricing, households, burden-shifting insights, CGE models, Consumer Expenditure Survey, household spending

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