Hinrich Kuhls wrote: > Since 2005 there has been a destruction of the Greek economy ...I am really interested in knowing whether the authors of the above article would come to the same conclusion if they would recalculate their set based on 2014 data. <
The paper, published in 2011, uses input-output data. These ratios are relatively stable. As for the decline of the Greek economy since the data were gathered, the authors themselves cite figures about it, using them to set the huge devaluation percentage that underlies their conclusions. Maybe someone on the list who works with I-O matrices would like to examine the paper. http://mpra.ub.uni-muenchen.de/35413/1/MPRA_paper_35413.pdf _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
