Roberton C. Williams III
Resources for the Future
“The Initial Incidence of a Carbon Tax Across Income Groups and US States: Linking Overlapping-Generations and Microsimulation Models”
Roberton C. Williams III is a Professor in the Department of Agricultural and Resource Economics at the University of Maryland, College Park, Senior Fellow and Director of Academic Programs at Resources for the Future, and a Research Associate of the National Bureau of Economic Research. Before moving to Maryland, he was an Associate Professor of Economics at the University of Texas at Austin, and he has previously held visiting research positions at the Brookings Institution and Stanford University. He has served as a Co-Editor of the Journal of Public Economics and the Journal of Environmental Economics and Management. He holds a Ph.D. from Stanford University and an A.B. from Harvard College, both in economics.
Professor Williams’s research focuses primarily on taxation and environmental regulation, covering broad theoreticalquestions such as how to measure the effects of taxes and regulations on economic efficiency. He also conducts more applied work on specific policy issues such as gasoline taxation and climate change policy.
Carbon taxes efficiently reduce greenhouse gas emissions, but are criticized as regressive. Moreover, the geographical distribution of carbon tax costs may pose political challenges. This talk will discuss recent research that links a dynamic overlapping-generations model to a detailed microsimulation model in order to estimate the near-term distribution of costs of a carbon tax. The results suggest that the choice of how to use revenue from the carbon tax can influence the distribution of costs much more than the carbon tax itself.
The lunch is 12:00 noon to 1:30pm at Chinatown Garden, 618 H St NW Washington, DC. Metro stop: Gallery Place. The cost is $16 Members, $16 Affiliated, $25 Non Members . This luncheon is a joint event with the NEC.
To register for the lunch with Roberton Williams on Thursday, April 16th, 2015, please go to The National Economists Club and use the code “AFFILIATED”.