http://dukeresearchadvantage.com/charvey/2009/03/06/hemorrhaging-jobs/ Research that Matters Thu, 27 May 2010 07:41:08 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://dukeresearchadvantage.com/charvey/2009/03/06/hemorrhaging-jobs/comment-page-1/#comment-242 camharvey Tue, 24 Mar 2009 14:30:38 +0000 http://dukeresearchadvantage.com/?p=804#comment-242 Partisan comments? I guess you don't know me. I am neither a Democrat nor Republican. Indeed, I am a guest in this country and cannot vote. Look, there is a fair debate among economists about the "multiplier". This is a Keyesian idea that government spending has a multiplying effect on the economy. Romer has said she believes it is 1.5 (for every dollar of government spending it adds $1.5 dollars to the economy). Others firmly believe it is below 1.0. My guess is the split is even and this is not a partisan thing it has to do with macroeconomics. If you believe the multiplier is less than 1 then it is not a stimulus. In calling it "stimulus", it assumes a multiplier greater than 1. Indeed, you might say that it is partisan to call it "stimulus". My quotations are simply meant to convey a non-partisan interpretation.<div class="comment-remix-meta"><a href="#" class="quote" onclick="quote('242','camharvey','Partisan comments? I guess you don\'t know me. I am neither a Democrat nor Republican. Indeed, I am a guest in this country and cannot vote. Look, there is a fair debate among economists about the \"multiplier\". This is a Keyesian idea that government spending has a multiplying effect on the economy. Romer has said she believes it is 1.5 (for every dollar of government spending it adds $1.5 dollars to the economy). Others firmly believe it is below 1.0. My guess is the split is even and this is not a partisan thing it has to do with macroeconomics. If you believe the multiplier is less than 1 then it is not a stimulus. In calling it \"stimulus\", it assumes a multiplier greater than 1. Indeed, you might say that it is partisan to call it \"stimulus\". My quotations are simply meant to convey a non-partisan interpretation.'); return false;">Quote</a></div> Partisan comments? I guess you don’t know me. I am neither a Democrat nor Republican. Indeed, I am a guest in this country and cannot vote. Look, there is a fair debate among economists about the “multiplier”. This is a Keyesian idea that government spending has a multiplying effect on the economy. Romer has said she believes it is 1.5 (for every dollar of government spending it adds $1.5 dollars to the economy). Others firmly believe it is below 1.0. My guess is the split is even and this is not a partisan thing it has to do with macroeconomics. If you believe the multiplier is less than 1 then it is not a stimulus. In calling it “stimulus”, it assumes a multiplier greater than 1. Indeed, you might say that it is partisan to call it “stimulus”. My quotations are simply meant to convey a non-partisan interpretation.

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]]> http://dukeresearchadvantage.com/charvey/2009/03/06/hemorrhaging-jobs/comment-page-1/#comment-239 Dan Allison Tue, 24 Mar 2009 13:39:45 +0000 http://dukeresearchadvantage.com/?p=804#comment-239 With respect there has been some straight talk from the administration which inherited this recession. Please desist from making partisan comments like putting stimulus in "". It has a stimulative effect and it helps people who need help (like the recent unemployed with longer benefits and Cobra help).<div class="comment-remix-meta"><a href="#" class="quote" onclick="quote('239','Dan Allison','With respect there has been some straight talk from the administration which inherited this recession. Please desist from making partisan comments like putting stimulus in \"\". It has a stimulative effect and it helps people who need help (like the recent unemployed with longer benefits and Cobra help).'); return false;">Quote</a></div> With respect there has been some straight talk from the administration which inherited this recession. Please desist from making partisan comments like putting stimulus in “”. It has a stimulative effect and it helps people who need help (like the recent unemployed with longer benefits and Cobra help).

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]]> http://dukeresearchadvantage.com/charvey/2009/03/06/hemorrhaging-jobs/comment-page-1/#comment-227 Where is unemployment headed - a look at the numbers « Resolute Determination Tue, 17 Mar 2009 01:38:52 +0000 http://dukeresearchadvantage.com/?p=804#comment-227 [...] a full analysis of the unemployment numbers, please click here to read Professor Campbell Harvey’s blog. Professor Harvey is the J. Paul Sticht Professor of [...]

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]]> http://dukeresearchadvantage.com/charvey/2009/03/06/hemorrhaging-jobs/comment-page-1/#comment-221 Bill Fri, 13 Mar 2009 19:25:38 +0000 http://dukeresearchadvantage.com/?p=804#comment-221 Great post, thanks for the insight.<div class="comment-remix-meta"><a href="#" class="quote" onclick="quote('221','Bill','Great post, thanks for the insight.'); return false;">Quote</a></div> Great post, thanks for the insight.

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