USC Price School of Public Policy Research Professor Adam Rose has been appointed to the U.S. Environmental Protection Agency’s Science Advisory Board (SAB) Economy-Wide Modeling Panel.
The panel will examine the technical merits and challenges, as well as potential value added, of economy-wide modeling to evaluate social costs, benefits and/or economic impacts of air regulations as a supplement to partial equilibrium or engineering approaches. It will also advise the agency of the results of this examination so that future EPA decisions on the use of economy-wide models are more fully informed. In addition, the panel will identify potential paths forward for improvements in economy-wide models that could address existing limitations and increase their potential utility as analytic tools to support regulatory decisions.
Professor Rose has worked extensively on analyzing the aggregate and distributional impacts of public policy. He has led the development of the USC CREATE research center’s broad economic consequence analysis framework, which has incorporated major features of resilience and behavioral responses to terrorism and natural disasters. He has also advanced the state-of-the-art application of computable general equilibrium and macroeconometric models.
Over the past few years, Professor Rose has advised executive and legislative agencies in seven states on the macroeconomic impacts of climate action plans. He served on an EPA SAB panel 10 years ago that evaluated the Second Generation Model for the integrated assessment of climate change.