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Debt, Growth and Coding Errors

Tom McDonnell 17/04/2013

Tom McDonnell: Reinhart and Rogoff's finding that the growth rate starts to decline once the public debt to GDP ratio exceeds 90% has become embraced as a stylised fact by the commentariat and in particular by the austerians. However, a recent paper by Thomas Herndon, Michael Ash and Robert Pollin has critiqued this finding. As Slate reports here, …



Bringing Balance to Imbalance

Tom McDonnell 16/04/2013

Tom McDonnell: The results of the EU Commission's review of macroeconomic imbalances can be seen here. Andrew Watt attacks the partiality and …

We need to rethink macroeconomics

Slí Eile 18/02/2010

Slí Eile: In a paper by staff of the International Monetary Fund (Rethinking Macroeconomic Policy) authors Olivier Blanchard, Giovanni …

Krugman on macroeconomics and the 'Great Ignorance'

27/06/2009

"Doing what I think of as real macroeconomics — the tradition that runs through Keynes and Hicks — actually involves thinking about …

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Paul Sweeney

Paul Sweeney is former Chief Economist of the Irish Congress of Trade Unions.  He is …

Vic Duggan

Vic Duggan is an independent consultant, economist and public policy specialist catering …

Jim Stewart

Dr Jim Stewart is Adjunct Associate Professor at Trinity College Dublin. His research …



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