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PaperclipPerfector  9d ago (text post)   2423 thread views

Small-Scale Question Sunday for April 6, 2025

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

Culture war topics are accepted, and proposals for a better intro post are appreciated.

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https://budgetlab.yale.edu/research/state-us-tariffs-week-april-7-2025

Is there an explanation of how they got those numbers as well? The excel offered is static and AFAICT has no additional info above the site. A few questions: Am I reading it correctly that they expect no compounding effect, just one multiplier? How is the GDP effect only -0.6%, if the price level is +2.3%? And Im assuming the GDP effect counts the fiscal revenue already, since otherwise its net-positive.

They use the GTAP model.

They have some notes in the appendix of an earlier version

https://budgetlab.yale.edu/research/fiscal-economic-and-distributional-effects-illustrative-reciprocal-us-tariffs

Thank you.

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