tag:blogger.com,1999:blog-2546602206734889307.post4371235029934265422..comments2024-03-28T04:29:22.717+00:00Comments on mainly macro: Multipliers and evidenceMainly Macrohttp://www.blogger.com/profile/09984575852247982901noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-2546602206734889307.post-27722359763594888192015-06-05T00:07:37.860+00:002015-06-05T00:07:37.860+00:00Hey Simon, what is your view on ZIRP forever? (The...Hey Simon, what is your view on ZIRP forever? (The government having overdraft at Ways and Means account.)Randomhttps://www.blogger.com/profile/04445772572707818311noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-5518832115650998132015-06-04T21:53:16.944+00:002015-06-04T21:53:16.944+00:00Hi Robert, if I were to write a multiplier of roug...Hi Robert, if I were to write a multiplier of roughly 1.5 your skepticism would be well founded (and, I think it's good to retain a degree of skepticism), but when a professor of Economics says, on balance or similar, implies what is meant based on my experience run-through a peer-reviewed intellect (pardon my non-Oxford trained grammar). <br />Shaun TAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-9412454061286758972015-06-04T21:00:30.330+00:002015-06-04T21:00:30.330+00:00Sorry should be "Overtone Window."Sorry should be "Overtone Window."Randomhttps://www.blogger.com/profile/04445772572707818311noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-84016480225807233872015-06-04T20:59:25.404+00:002015-06-04T20:59:25.404+00:00Correct.
Also, the "healthier" the progr...Correct.<br />Also, the "healthier" the programs, the more counted against the debt ceiling.<br />Look up "Modern Monetary Theory" and "Overtones window." We need to change the framing and talk about real resourced not money.Randomhttps://www.blogger.com/profile/04445772572707818311noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-64479871938874902142015-06-04T20:43:32.913+00:002015-06-04T20:43:32.913+00:00In trying economic times, the electorate likes aus...In trying economic times, the electorate likes austerity. If they have to cut back; they think that the government should also?Anonymoushttps://www.blogger.com/profile/00040408582097904554noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-36304094626652291012015-06-04T20:19:07.351+00:002015-06-04T20:19:07.351+00:00Or more likely : the electorate are right wingers....Or more likely : the electorate are right wingers.Randomhttps://www.blogger.com/profile/04445772572707818311noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-17880140266344962692015-06-04T18:11:47.583+00:002015-06-04T18:11:47.583+00:00http://www.3spoken.co.uk/2013/05/the-misuse-of-fis...http://www.3spoken.co.uk/2013/05/the-misuse-of-fiscal-multiplier.html?m=1<br />On multipliers.Randomhttps://www.blogger.com/profile/04445772572707818311noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-19443175883769445552015-06-04T17:44:40.543+00:002015-06-04T17:44:40.543+00:00Don't push your luck! And if you are implying ...Don't push your luck! And if you are implying that I write Oxford quality English, I have plenty of evidence that this is not even 'largely' true. Mainly Macrohttps://www.blogger.com/profile/09984575852247982901noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-13233910357490750192015-06-04T17:33:28.331+00:002015-06-04T17:33:28.331+00:00American under Obama has done much better than the...American under Obama has done much better than the UK, and we now have a Republican Congress due to the frustration of the American people with the pace of improvement. You Brits are extremely tolerant of poor economic performance, which your Tory party made the showpiece of their campaign. <br /><br /> Anonymoushttps://www.blogger.com/profile/00040408582097904554noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-33072776320832357932015-06-04T16:19:54.323+00:002015-06-04T16:19:54.323+00:00Wow thanks. I am very flattered by this post. Amaz...Wow thanks. I am very flattered by this post. Amazing man. I am too flustered to, like, write Oxford quality English. My head is spinning. <br /><br />All that praise for saying roughly 1.5 not roughly 1 and suggesting that 70% isn't largely. <br />I wonder if I could get a bit more praise for saying the multiplier is marginally more likely to be 1.6 not 1.5, and that even 75% wouldn't be accurately conveyed by "largely".<br /><br />(typo corrected)Roberthttps://www.blogger.com/profile/14455788499385673507noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-71037433157017806542015-06-04T16:18:43.750+00:002015-06-04T16:18:43.750+00:00This comment has been removed by the author.Roberthttps://www.blogger.com/profile/14455788499385673507noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-84324207821710004642015-06-04T15:47:16.151+00:002015-06-04T15:47:16.151+00:00If the multiplier is 1.5 in the UK since 2008, how...If the multiplier is 1.5 in the UK since 2008, how many newspapers telling a person that expansionary austerity is effective could that person have bought with the money they have lost by voting for political parties which have assumed expansionary austerity to be a valid proposition?Anonymousnoreply@blogger.com