Reinhart-Rogoff duo issue their latest warning.
They say debt levels in advanced economies are a cause of concern. Some economists (read Krugman) say the debt levels are not a concern as interest rates are still too low. But the duo says interest rates are not the best measure here as they can shift gears suddenly:
Posted in Academic research & research papers, Economics - macro, micro etc, Economist, Growth and development | 1 Comment »
This is an amazing paper from Gregory Clark and Susan Wolcott.
They review the Indian growth story from 1873 to 2000 and come at two broad findings:
Posted in Academic research & research papers, Growth and development, Indian Economy/Financial Markets | 1 Comment »
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