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new HBS paper SHREDS keynesian theory, libs mad
| Insecure vibrant newt | 02/29/12 |
| Gold Hunting Ground Site | 02/29/12 |
| nudist exhilarant goal in life | 02/29/12 |
| laughsome shivering temple | 02/29/12 |
| Sable Mind-boggling Becky | 02/29/12 |
| startling sticky orchestra pit pozpig | 02/29/12 |
Poast new message in this thread
Date: February 29th, 2012 1:33 PM Author: Insecure vibrant newt 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: Gold Hunting Ground Site 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: nudist exhilarant goal in life 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: laughsome shivering temple 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: Sable Mind-boggling Becky 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: startling sticky orchestra pit pozpig Yes breh, 90% of economists are MAF
http://gregmankiw.blogspot.com/2009/02/news-flash-economists-agree.html
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