Monday, April 04, 2011

Econlinks: The applied maths edition

4 comments:

Nnicu said...

Noah, dara cum ar merge si la noi biznizu cu insalatorie inc $$$!. Ia nvezi ca fac firma acushica. Numa sa am nume care sa prinda la bobor. Maestre, idei!

Sebi Buhai said...

Nenicule, nu stiu, poate ar fi bine sa incepi cu ceva mai "mainstream"? :-)

Anonymous said...

Mankiw must use some undisclosed low discount factor in his alarmist debt article?
a Danish economist

Sebi Buhai said...

Not sure you need that to justify his worries (though obviously eventually a discount factor is built in in any inter-generational analysis: here it does not have to be out of the usual ranges). But: this is firstly about the crazy current debt (ration of debt to GDP) than to the inter-generational balance of payments, though surely it gets there. I thought the one line summary was: To put it most simply, the bond market no longer trusts us. Whatever your discount factor (and mine is higher than yours, I guarantee!), you have a problem here...