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Center for Public Finance



Macroeconomic Effects of a 10-Year Infrastructure and Tax Plan

John W. Diamond | George Zodrow

Macroeconomic Effects of a 10-Year Infrastructure and Tax Plan.

In an extension of an earlier analysis prepared for the American Action Forum, the authors use the Diamond-Zodrow computable general equilibrium model of the U.S. economy to simulate the macroeconomic effects of a 10-year fiscal plan financed by tax changes proposed by Joe Biden’s 2020 presidential campaign.