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new HBS paper SHREDS keynesian theory, libs mad
| fluffy library | 02/29/12 |
| Fighting drab meetinghouse coffee pot | 02/29/12 |
| emerald adventurous cuckold principal's office | 02/29/12 |
| Exhilarant magenta mental disorder karate | 02/29/12 |
| aphrodisiac national reading party | 02/29/12 |
| heady french sanctuary | 02/29/12 |
Poast new message in this thread
Date: February 29th, 2012 1:33 PM Author: fluffy library http://www.people.hbs.edu/cmalloy/pdffiles/envaloy.pdf
"Our key innovation is to use changes in congressional committee chairmanship as a source of exogenous variation in state-level federal expenditures. In doing so, we show that fiscal spending shocks appear to significantly dampen corporate sector investment and employment activity. This retrenchment follows both Senate and House committee chair changes, occurs in large and small firms and within large and small states, and is most pronounced among geographically-concentrated firms." |
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Date: February 29th, 2012 1:36 PM Author: Fighting drab meetinghouse coffee pot Libs frantically doing the sign of cross while holding TGTOEIM, crying tears of MAF. (http://www.autoadmit.com/thread.php?thread_id=1886680&forum_id=2#20083554) |
Date: February 29th, 2012 1:36 PM Author: emerald adventurous cuckold principal's office We show that becoming a powerful committee chair results in a significant increase in federal funds flowing to the ascending chairman’s state.2 Thus, a congressman’s ascension to a powerful committee chair creates a positive shock to his or her state’s share of federal funds that is virtually independent of the state’s economic conditions.
NO FUCKIN WAY--WHAT A SCHOLAR |
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Date: February 29th, 2012 2:56 PM Author: Exhilarant magenta mental disorder karate Do you realize that this phenomenon is the independent variable, not the dependent variable? There's really no reason to be MAF because someone's study is built on an obvious independent variable - that's a positive feature, because it means we can focus on whether it causes the outcome it correlates with (changes in economic growth) rather than whether it's happening. (http://www.autoadmit.com/thread.php?thread_id=1886680&forum_id=2#20084048) |
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Date: February 29th, 2012 1:40 PM Author: aphrodisiac national reading party wtf is it with economists and just producing a wall of text with no figures? (http://www.autoadmit.com/thread.php?thread_id=1886680&forum_id=2#20083580) |
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Date: February 29th, 2012 1:43 PM Author: heady french sanctuary Yes breh, 90% of economists are MAF
http://gregmankiw.blogspot.com/2009/02/news-flash-economists-agree.html
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