Reinhart, Rogoff, and How the Macroeconomic Sausage Is Made
Harvard Business Review
APRIL 17, 2013
I couldn''t help but think back to that as controversy erupted this week over Harvard economists Carmen Reinhart and Kenneth Rogoff''s oft-cited three-year-old finding that economic growth plummets when a country''s debt-to-GDP ratio exceeds 90%. growth in countries with debt/GDP of more than 90%, they came up with 2.2%
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