The Budget Lab at Yale asserts that the third approach (assuming constant December 2024 prices) provides a lower-bound estimate of tariff-induced price increases because it ignores counterfactuals.

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