Eugene Coyle wrote: >Hey, if biased econometric techniques resulted in name calling, there would be >a long list of names. Dale Jorgenson comes to mind. Oh really? Do tell more. I'm reading his new paper on the New Economy; he's become a convert. He rejects Robert Gordon's cyclical detrending of the productivity stats, which boosts the new economy argument significantly. Since productivity is procyclical, this is no small matter. He (and his co-author Kevin Stiroh of the NY Fed) also argue that labor quality has deteriorated as the unemployment rate has declined, which makes the capital contribution that much stronger. Doug
- Re: rational expectations JKSCHW
- Re: rational expectations Yoshie Furuhashi
- Re: Re: rational expectations Carrol Cox
- On error Michael Perelman
- RE: On error Max Sawicky
- Re: RE: On error Michael Perelman
- Re: Re: RE: On error Jim Devine
- Re: Re: Re: RE: On error Eugene Coyle
- Re: Re: Re: Re: RE: On error michael
- Re: Re: Re: RE: On error Doug Henwood
- Re: Re: Re: RE: On error Michael Perelman
- Re: On error Jim Devine
- Re: On error Doug Henwood
- Re: Re: On error michael
- Re: rational expectations Charles Brown
- Re: Re: rational expectations Doug Henwood
- Re: Re: Re: rational expectations Carrol Cox
- Re: Re: rational expectations JKSCHW
- RE: Re: Re: rational expectations Max Sawicky
- Re: Re: Re: Re: Re: Re: Re: rational expectations JKSCHW