Variable Rate Mortgages: Boon or Bane?

Working Paper — May 5, 2025

Statistical Properties of Social Discount Rate Paths in a Heterogeneous Dynamic Stochastic Model

The paper explores differences and changes in discount rates and the statistical patterns of social discounting, including both social discount factors and rates.

Press Release — May 2, 2025

New Modeling Shows How Much Auto Tariffs Will Raise Prices and Harm Buyers

New modeling projects that the tariffs will reduce vehicle sales, raise both gas and electric vehicle prices, and modestly boost profits for US manufacturers.

Common Resources — May 2, 2025

If/Then: What’s the Cost of Vehicle Import Tariffs?

If vehicle import tariffs remain in place, then the costs to both vehicle consumers and producers will far outweigh the benefits of boosted domestic manufacturing and revenues from tariffs.

Report — May 2, 2025

Import Tariffs and the Market for Vehicles

This report analyzes three auto tariff scenarios, estimating the range of potential impacts on the domestic vehicle market.