Elisa Belfiori

About me

Ph.D. in Economics, University of Minnesota.

I am a Macroeconomist with research interest in Climate Economics and Public Finance. I hold a Ph.D. in Economics from the University of Minnesota. My research is on the optimal design of climate policies and sits at the intersection of Macroeconomics and Climate Change with applications from Public Finance.

Professor and Director of Undergraduate Studies at Universidad Torcuato Di Tella, School of Business.

CESifo Distinguished Affiliate (Award)

Editor at Economia LACEA Journal

CV: Belfiori_Vita.pdf

Mail to: elisabelfiori@gmail.com

WORKING PAPERS

Unequal Climate Policy in an Unequal World, with Daniel Carroll @Cleveland FED and Sewon Hur @Dallas FED . Working paper version @ Globalization Institute Working Paper 427, Federal Reserve Bank of Dallas 2024.

Climate Inequality: Carbon Capture for Redistribution, with Manuel Macera @Universidad Torcuato Di Tella. Working paper version @ CESifo Working Paper No. 11239, CESifo, Munich, 2024.

PUBLICATIONS

Optimal Climate Policy with Demographic Transitions, with Manuel Macera. Forthcoming at The Economic Journal, 2025.

Needed: a Price for Carbon Capture. Forthcoming at Environment and Development Economics, 2025.

Demographic Changes and Social Discounting, with Manuel Macera, Economics Letters, Volume 256, 2025.

Implicit Carbon Prices: Making do with the taxes we have, with Armon Rezai. Journal of Environmental Economics and Management, 2024.

Fossil fuel subsidies, the green paradox and the fiscal paradox. Economics of Energy and Environmental Policy, 2021.

Climate change and intergenerational equity: Revisiting the uniform taxation principle on carbon energy inputs. Energy Policy, 2018.

Carbon Pricing, Carbon Sequestration, and Social Discounting (Paper). European Economic Review, 2017. Awarded the 2016 CESifo Distinguished Research Affiliate Award in Energy and Climate Economics.

Time Consistent Climate Policies In: Political Economy And Instruments of Environmental Politics. The MIT Press, 2015. Peer-reviewed. (Paper)

BOOKS

Climate Change and Economic Growth: Lessons from Argentina. Belfiori, Elisa and Gertner, Gastón. Editors. SpringerBriefs in Latin American Studies. Peer-reviewed. Springer. December 2025.

The Economics of Climate Change in Argentina. Belfiori, Elisa and Rabassa, Mariano J. Editors. The Latin American Studies Book Series, 2021. Peer-reviewed.

BOOK CHAPTERS

Carbon Pricing in Agriculture and Livestock, with Daniel Perczyk @Fundación Torcuato Di Tella. 2025.

No Brainers in Argentina's Climate Policy (Book) In: No Brainers and Low-Hanging Fruit in National Climate Policy. CEPR PRESS, 2021.

Carbon taxes and renewable energy: a discussion about the Green paradox In: The Economics of Climate Change in Argentina. The Latin American Studies Book Series. Springer, 2021. Peer-reviewed.

WORK IN PROGRESS.

Carbon Taxes and Inequality: A Sufficient Statistic Approach, with Sewon Hur @Federal Reserve Bank of Dallas.