Overview
Peretto is a macroeconomist who studies the sources and effects of technological change mainly using endogenous growth theory. With this focus, he has studied international trade, growth and innovation, market structure, corporate taxation, industrial organization, development and the environment, R&D, demography, and more. He has been publishing his research for nearly three decades and has had his work appear in books and leading academic journals. He is Associate Editor of the Journal of Economic Growth.
Current Appointments & Affiliations
Professor of Economics
·
2009 - Present
Economics,
Trinity College of Arts & Sciences
Recent Publications
Super-robust endogenous growth: Theory and empirical insights
Journal Article Journal of Economic Behavior and Organization · May 1, 2026 AbstractWe propose an endogenous growth model that accommodates increasing, constant, or decreasing aggregate returns to scale with respect to the growth driving factor: quality-improving knowledge accumulated by firms in house. When aggregate production i ... Full text CiteDynamic effects of labor income taxation in an unequal Schumpeterian economy
Journal Article European Economic Review · September 1, 2025 How does taxation affect growth and inequality? To study this question, we develop a Schumpeterian model in which wealth heterogeneity influences the effects of tax policy. The key mechanism is that a change in consumption dispersion across heterogeneous h ... Full text CiteGrowth with Deadly Spillovers
Journal Article International Economic Review · August 1, 2025 Pollution causes premature deaths but plays almost no role in macroeconomic analysis. To fill this gap, we build a tractable model of innovation-led economic growth and endogenous fertility in which production generates deadly spillovers, that is, emission ... Full text CiteRecent Grants
The Social Cost of Regulatory Accumulation Project
ResearchPrincipal Investigator · Awarded by Mercatus Center · 2023 - 2025Carbon Policy and Induced Technical Change: Market Structure, Increasing Returns, and Secondary Benefits
ResearchPrincipal Investigator · Awarded by Department of Energy · 1997 - 2001View All Grants
Education
Yale University ·
1994
Ph.D.