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Reinhart-Rogoff and Excel

2013-04-16 18:59:42.211597+02 by Dan Lyke 0 comments

Ghost in the Machine: For want of a spreadsheet check...:

As Mike Konczal of Rortybomb explains, the Reinhart-Rogoff paper “Growth in a Time of Debt,” which argued that high debt-to-GDP ratios stymie growth and has been one of the key economic foundations for recent deficit hysteria, turns out to be fundamentally flawed.

[ related topics: Economics ]

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