7 ms·
I notice this paper is from April 2025. Do you know if this group has done any updates in the intervening 6 months to show how well their model seems to be wor
by nkurz 1y ago
I notice this paper is from April 2025. Do you know if this group has done any updates in the intervening 6 months to show how well their model seems to be working? For example, are they able to determine yet in Table 2 what portion of the costs are being borne by consumers versus businesses?
- nabla9 1y agoAnalysis assumes constant tariffs. Trump has sown chaos by altering tariffs on a whim, and that messes up the economy worse than predictably high tariffs. Businesses can function under high tariffs, but if tariffs change and there is constant uncertainty, low-margin businesses can make profits only by accident.