The debate with Bradford De Long

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michele boldrin 7/3/2009 - 06:59

P.P.S. The only one "fact" Bradford De Long quoted during the debate is that there is no correlation between the areas where unemployment is growing the most and those where the housing bubble-bust was most pronounced. With the help of a kind colleague I am checking the data ... preliminary results suggest that the "fact" has the same degree of "factness" as virginitas in party (oops, partU) does. We are not done double-checking, though, so stay tuned ...