On May 10, 2008, at 7:11 PM, Michael Perelman wrote:
I do not understand the question. I was responding to the
quotation that
said that negative effects could happen in the short run. For
example,
technological change in China reportedly is reducing employment
rapidly,
which is masked by export employment. I think that the short run
effect
can go either way.
All I was trying to say was that identifying long run relationships
can be
difficult.
And apparently it can be difficult to identify short-term ones too.
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