NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Leakage, Welfare, and Cost-Effectiveness of Carbon Policy

Kathy Baylis, Don Fullerton, Daniel H. Karney

NBER Working Paper No. 18898
Issued in March 2013

---- Acknowledgements -----

We are grateful for suggestions from Jared Carbone, Brian Copeland, Sam Kortum, Ian Sue Wing, Niven Winchester, and participants at the AEA presentation in San Diego, January 2013. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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