While the potential of carbon pricing to curb CO2 emissions is widely acknowledged, the instrument keeps being disputed due to its potential regressivity and the burden it places on low-income households. Recently also the issue of horizontal inequalities has gained in importance in political...

Macroeconomic modelling is widely applied to assess the effects of carbon pricing. However, there remains substantial uncertainty on these effects within and especially across different modelling approaches. This paper, Part A, identifies model structure uncertainties and impact chains, i.e....

In this paper we identify policy implications for implementing carbon pricing in Austria, taking into account model structure uncertainty (see Part A: Kirchner et al., 2023). Methodologically, we compare the results of two macroeconomic models, DYNK and WEGDYN_AT, to evaluate the effects of...