tag:blogger.com,1999:blog-2546602206734889307.post8990688992284339196..comments2024-03-28T04:29:22.717+00:00Comments on mainly macro: Different approaches to austerityMainly Macrohttp://www.blogger.com/profile/09984575852247982901noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2546602206734889307.post-75629293847747533182012-10-21T17:34:11.981+00:002012-10-21T17:34:11.981+00:00Your discussion of temporary versus permanent poli...Your discussion of temporary versus permanent policy changes seems a little too categorical. When a new policy is proposed, no one ever thinks that it will literally never be changed, since in a few years someone else will get in office and tinker with the policies. A more realistic model would somehow account for the impact of current policy changes on expected policies at all horizons in the future.Matthew Martinhttps://www.blogger.com/profile/10254244795963585737noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-9094635343871590012012-10-21T14:38:05.177+00:002012-10-21T14:38:05.177+00:00Good point - I've added a sentence before the ...Good point - I've added a sentence before the chart which explains. Thanks.Mainly Macrohttps://www.blogger.com/profile/09984575852247982901noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-69810690018095123772012-10-21T10:05:37.137+00:002012-10-21T10:05:37.137+00:00Can you please explain what the bars in the graph ...Can you please explain what the bars in the graph mean? I thought those were the focus of this blog? I can sort-of get it from the context in the text, but it's not really clear what precisely it measures. And even your description of the red dots ("extent of austerity") is rather curt.Anonymousnoreply@blogger.com