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Pietro F. Peretto

Professor of Economics
Economics
Box 90097, Durham, NC 27708-0097
241 Social Sciences, Box 90097, Durham, NC 27708

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


Dynamic 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 Cite

Growth 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 Cite

Market size, innovation, and the economic effects of an epidemic

Journal Article Journal of Economic Behavior and Organization · August 1, 2025 We develop a framework for the analysis of the economic effects of an epidemic that incorporates firm-specific innovation and endogenous entry. Transition dynamics is characterized by two differential equations describing the evolution of the mass of susce ... Full text Cite
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Recent Grants


The Social Cost of Regulatory Accumulation Project

ResearchPrincipal Investigator · Awarded by Mercatus Center · 2023 - 2025

Carbon Policy and Induced Technical Change: Market Structure, Increasing Returns, and Secondary Benefits

ResearchPrincipal Investigator · Awarded by Department of Energy · 1997 - 2001

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Education, Training & Certifications


Yale University · 1994 Ph.D.

External Links


Personal Website