reinhart rogoff research errors
Having a public spat with your colleagues and former classmates over the best way to fix the global economy can be “very
In a post at Quartz, University of Michigan economics professor Miles Kimball and University of Michigan undergraduate student Yichuan Wang write that they have crunched Reinhart and Rogoff's data and found "not even a shred of evidence" that high debt levels lead to slower economic growth.
The Harvard economists have argued that mistakes and omissions in their influential research on debt and economic growth
Others believe that even after re-analysis the data support the view that deficit and debt burden reduction is important
Last week a graduate student named Thomas Herndon, along with a couple of his professors, published a paper pointing out
In Europe, where austerity proved itself a miserable failure years before the Reinhart-Rogoff debunking, there has been a
At 2:00 a.m. on Wednesday, Carmen Reinhart of the University of Maryland and Kenneth Rogoff of Harvard emailed a second, fuller response to the new paper finding several errors in their research on debt and growth rates.