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Seminar: John McDermott (University of South Carolina)

Hemmerdinger Screening Room, Hunter College Library Room East 706 115 E 68th Street, New York

Title: Regulation and Taxation in a Model of Growth (with Luis Felipe Saenz) Abstract: In this paper we construct a growth model with increasing returns stemming from product variety to explore the different effects of regulations and taxes on economic activity. Regulations primarily raise fixed costs, while taxes increase variable costs. Read more…