About the Institute
The Institute for Macroeconomic & Policy Analysis (IMPA), housed at the Economics Department of American University, is a nonpartisan research institute that acts as a forum for academic debates and a resource for policymakers on macroeconomics, inequality, and economic policy. Grounded in up-to-date economic research, IMPA is building macroeconomic policy models to provide detailed analysis of the economic and distributional impacts of policy proposals.
IMPA researchers contribute to Inequality.org
IMPA shared the conclusion of its recent report on capital gains taxes. (March 2025)
IMPA Board Member Simon Johnson Awarded Nobel Prize in Economic Sciences
The Nobel Committee for Economic Sciences honored Simon Johnson, along with Daron Acemoglu and James Robinson, for pioneering research on the role of political and economic institutions in shaping economic growth.
IMPA directors co-author op-ed in Bloomberg Tax
IMPA co-directors, writing with Nobel laureate Joseph Stiglitz, explain why the economic and social benefits of taxing corporations go beyond the revenue raised. (August 2024)
In the News: IMPA’s new brief featured in POLITICO’s Weekly Tax newsletter
The entry LET’S RAISE SOME TAXES succinctly describes IMPA’s argument that “taxes on capital gains and dividends don’t have much bearing on long-term growth.”