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Economic Challenges of the New U.S. Administration

Author

Listed:
  • Dimitri B. Papadimitriou
  • Nikolaos Rodousakis
  • Giuliano T. Yajima
  • Gennaro Zezza

Abstract

On the eve of the 2024 US presidential election, the authors share their latest macroeconomic projections using the Levy Institute's tailored stock-flow consistent model and evaluate two alternative policy scenarios, depending upon the next occupant of the White House: (1) a significant increase in import tariffs and decrease in the marginal tax rate, and (2) a substantial increase in government expenditure paired with an increase in the marginal tax rate.

Suggested Citation

  • Dimitri B. Papadimitriou & Nikolaos Rodousakis & Giuliano T. Yajima & Gennaro Zezza, 2024. "Economic Challenges of the New U.S. Administration," Economics Strategic Analysis Archive sa_11_24, Levy Economics Institute.
    • Handle: RePEc:lev:levysa:sa_11_24
    as

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    References listed on IDEAS

    as
    1. Wynne Godley, 1997. "Macroeconomics without Equilibrium or Disequilibrium," Economics Working Paper Archive wp_205, Levy Economics Institute.
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