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new HBS paper SHREDS keynesian theory, libs mad

http://www.people.hbs.edu/cmalloy/pdffiles/envaloy.pdf &q...
Sexy erotic house indirect expression
  02/29/12
Libs frantically doing the sign of cross while holding TGTOE...
excitant plaza tank
  02/29/12
We show that becoming a powerful committee chair results in ...
sick nighttime marketing idea station
  02/29/12
Do you realize that this phenomenon is the independent varia...
frozen ceo
  02/29/12
wtf is it with economists and just producing a wall of text ...
Big lay voyeur
  02/29/12
Yes breh, 90% of economists are MAF http://gregmankiw.blo...
Titillating bisexual step-uncle's house fortuitous meteor
  02/29/12


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Date: February 29th, 2012 1:33 PM
Author: Sexy erotic house indirect expression

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."

(http://www.autoadmit.com/thread.php?thread_id=1886680&forum_id=2#20083546)



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Date: February 29th, 2012 1:36 PM
Author: excitant plaza tank

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)



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Date: February 29th, 2012 1:36 PM
Author: sick nighttime marketing idea station

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

(http://www.autoadmit.com/thread.php?thread_id=1886680&forum_id=2#20083555)



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Date: February 29th, 2012 2:56 PM
Author: frozen ceo

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: Big lay voyeur

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: Titillating bisexual step-uncle's house fortuitous meteor

Yes breh, 90% of economists are MAF

http://gregmankiw.blogspot.com/2009/02/news-flash-economists-agree.html



(http://www.autoadmit.com/thread.php?thread_id=1886680&forum_id=2#20083590)