After ten minutes failing to choose the wittiest comment to make on this news, I’ll just post it and look forward to reading the comments from my Twitter readers.
https://t.co/aeRkpqecbV
If we make the bold assumption that this desired D/Y ratio will remain at unity in the long run, then by the diagram above, it looks like we have a way to go before D/Y (presently = 1.25) makes its way back down to unity. It could do so in part from the continued real recovery.
#CalvoArmengolPrize Laureate Benjamin Golub arrives for the Prize Lecture at @CdEconomia in Barcelona with BSE director Teresa Garcia-Milà and Professor Salvador Barberà
There’s an econ paper by a Harvard law professor that uses game theory to deny that the Japanese military held sex slaves during WW2. Yes, it literally makes that claim. https://t.co/CITPk7xCgF #EconTwitter