Growth in a Time of Debt on “Papers Messing With My Brain”, a list by Malik Torres on TheLysts.

Details

Photo
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Name
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Authors
Carmen M. Reinhart, Kenneth S. Rogoff
Year
2010
Field
Macroeconomics / public debt
One big idea
Shows a strong correlation between very high public debt-to-GDP and lower growth, sparking huge debates on causality and measurement.
My take
Perfect example of how one short paper plus an Excel issue can set off a whole policy war. Great for learning to read stats with side-eye.