A Replication of "The Macroeconomic Impact of Europe's Carbon Taxes" by Metcalf and Stock (2023)
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- Gilbert E. Metcalf & James H. Stock, 2023.
"The Macroeconomic Impact of Europe's Carbon Taxes,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 15(3), pages 265-286, July.
- Gilbert E. Metcalf & James H. Stock, 2020. "The Macroeconomic Impact of Europe’s Carbon Taxes," NBER Working Papers 27488, National Bureau of Economic Research, Inc.
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- José Luis Montiel Olea & Mikkel Plagborg‐Møller, 2021. "Local Projection Inference Is Simpler and More Robust Than You Think," Econometrica, Econometric Society, vol. 89(4), pages 1789-1823, July.
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More about this item
Keywords
carbon tax; policy counterfactual; panel local projection;All these keywords.
JEL classification:
- E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
- Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ENE-2024-11-11 (Energy Economics)
- NEP-ENV-2024-11-11 (Environmental Economics)
- NEP-PBE-2024-11-11 (Public Economics)
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