Introduction by the Editor

Unofficial AI-generated summary based on the public title and abstract. Not an official translation.

🔬研究者:A useful collection of state-of-the-art structural models for studying climate policy and inequality.

🏛政策担当者:Highlights that carbon tax impacts depend on region and household characteristics, informing equitable policy design.

This Special Issue of The Economic Journal brings together papers at the frontier of dynamic, spatial and heterogeneous-agent structural modelling for the study of climate change and climate policy. These models are designed to be consistent with the fundamentals of climate science and to be calibrated and/or taken to the data. In this respect, Eftekhari, Folini, Friedl, Kubler, Scheidegger and Schenk contribute a methodological paper to the Issue, developing efficient climate emulators that can be embedded within economic models of climate change. Centring on the link between climate change and inequality, the papers in the Issue span different, and often complementary, dimensions of heterogeneity in the effects of climate change and various mitigation policies, most notably carbon taxes. Taken together, they show that the distributional consequences of climate action depend crucially on where a policy is implemented, how markets transmit shocks across regions and countries, and which households or regions are most exposed through income, wealth, consumption baskets, production structures or demographic characteristics.

• openalex https://doi.org/10.1093/ej/ueag070first seen 2026-07-29 04:51:54