Professor Catherine Wolfram has proposed imposing a price cap on Iranian oil, similar to the price cap on Russian oil.
Catherine Wolfram is the William F. Pounds Professor of Energy Economics and a Professor of Applied Economics at the MIT Sloan School of Management.
She previously served as the Cora Jane Flood Professor of Business Administration at the Haas School of Business at UC Berkeley.
From March 2021 to October 2022, she served as the Deputy Assistant Secretary for Climate and Energy Economics at the U.S. Treasury, while on leave from UC Berkeley.
Before leaving for government service, she was the Program Director of the National Bureau of Economic Research's Environment and Energy Economics Program and a research affiliate at the Energy Institute at Haas. Before joining the faculty at UC Berkeley, she was an Assistant Professor of Economics at Harvard.
Wolfram has published extensively on the economics of energy markets. Her work has analyzed rural electrification programs in the developing world, energy efficiency programs in the US, the effects of environmental regulation on energy markets and the impact of privatization and restructuring in the US and UK. She is currently working on several projects at the intersection of climate and trade.
She received a PhD in Economics from MIT in 1996 and an AB from Harvard in 1989.
Featured Publication"Carbon Border Adjustments, Climate Clubs, and Subsidy Races When Climate Policies Vary."
Clausing, Kimberly and Catherine Wolfram. Journal of Economic Perspectives Vol. 37, No. 3 (2023): 137-162. Download Working Paper.
Featured Publication"Economic Implications of the Climate Provisions of the Inflation Reduction Act."
Bistline, John, Neil Mehrotra, and Catherine Wolfram. Brookings Papers on Economic Activity. Forthcoming. Conference Draft.
Johnson, Simon, Lukasz Rachel, and Catherine Wolfram. Journal of Comparative Economics. Forthcoming.
Berkouwer, Susanna B., Eric Hsu, Edward Miguel, and Catherine Wolfram. VoxEU, August 30, 2023.
Johnson, Simon, Łukasz Rachel, and Catherine Wolfram. VoxEU, August 19, 2023.
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