Ricardo Duque Gabriel
@ricardoduquegabriel.com
Economist at the Federal Reserve Board. Views are my own, not those of the Federal Reserve System.
https://www.ricardoduquegabriel.com/
https://www.ricardoduquegabriel.com/
Very happy to see this out! We study the announcement, introduction, and reversal of a vat cut on food items in Portugal. These kind of policies have the potential to be super effective when paired with public scrutiny and, in these case and not surprisingly, producer prices deflation.
Just published in @jpube.bsky.social:
"The full, persistent, and symmetric pass-through of a temporary VAT cut"
By Tiago Bernardino, Ricardo Duque Gabriel, João Quelhas, and Márcia Silva-Pereira
www.sciencedirect.com/science/arti...
#econsky #publiceconomics
"The full, persistent, and symmetric pass-through of a temporary VAT cut"
By Tiago Bernardino, Ricardo Duque Gabriel, João Quelhas, and Márcia Silva-Pereira
www.sciencedirect.com/science/arti...
#econsky #publiceconomics
August 9, 2025 at 2:21 PM
Very happy to see this out! We study the announcement, introduction, and reversal of a vat cut on food items in Portugal. These kind of policies have the potential to be super effective when paired with public scrutiny and, in these case and not surprisingly, producer prices deflation.