The Budget Lab at Yale asserts that the third approach to estimating tariff effects—assuming prices would have remained at their December 2024 level—underestimates true price increases from tariffs by ignoring counterfactuals, though it provides an easy lower-bound estimate.

Authors

• Person: Not available Organization: Budget Lab at Yale
  Tracking the Economic Effects of Tariffs | The Budget Lab at Yale

Sources

• Tracking the Economic Effects of Tariffs | The Budget Lab at Yale budgetlab.yale.edu Budget Lab at Yale via serper

Referenced by nodes (1)

• The Budget Lab at Yale entity