Bistline, John; Mehrotra, Neil; Wolfram, Catherine D. - National Bureau of Economic Research - 2023
tax only in the presence of a strong learning-by-doing externality. We also discuss the economics of the industrial policy …The Inflation Reduction Act (IRA) represents the largest federal response to climate change to date. We highlight the … expansionary supply-side effects relative to a carbon tax but, in a representative-agent dynamic model, is preferable to a carbon …