Friday, February 26, 2016

Romer, Friedman, Krugman and models

Romer and Bernstein on stimulus by Krugman

January 10, 2009
Kudos, by the way, to the administration-in-waiting for providing this — it will be a joy to argue policy with an administration that provides comprehensible, honest reports, not case studies in how to lie with statistics. 
That said, the report is written in such a way as to make it hard to figure out exactly what’s in the plan. This also makes it hard to evaluate the reasonableness of the assumed multipliers....

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