Central Professor Publishes Business Cycles and Taxes Article

 Central College's Tuan Ho Quoc, assistant professor of economics, recently co-authored an article featured in Economic Inquiry. The paper, titled "The Business Cycle State-Dependent Effects of Tax News: A Joint-State Analysis," examines how the interaction of business cycles with the source of fluctuations and macroeconomic uncertainty shapes the impact of tax news.

Economic Inquiry is a leading general-interest journal known for its rigorous standards and emphasis on clear, jargon-free communication.

"This choice reflects my commitment to making complex economic phenomena accessible to a wide audience," says Ho Quoc. "I strive to translate high-level research into engaging, comprehensible lessons for my students."

In the article, Ho Quoc explains that due to the slow nature of federal legislation, anticipated tax cuts can cause the economy to shrink rather than grow while the economy waits for them to be implemented. The study finds that this unintended impact becomes more severe during recession periods associated with high inflation or elevated uncertainty.

Ho Quoc joined the Central accounting, economics and business management department in 2024. He earned his bachelor's and master's degrees from the University of Economics Ho Chi Minh City in Vietnam and a doctorate from Oklahoma State University.