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Its fascinating that part of the problem in the Reinhart and Rogoff paper comes down to an Excel formula error http://nymag.com/daily/intelligencer/2013/04/grad

• niggler 13y ago
  HN discussion: https://news.ycombinator.com/item?id=5575631 https://news.ycombinator.com/item?id=5575631
• ScottBurson 13y ago
  One columnist I read said something like "it will be interesting to see what historians make of the fact that a global economic policy was driven in part by an error in an Excel spreadsheet".
  • pseut 13y ago
    It's rare that we get such a clean natural experiment like this in economics; maybe future economists will thank R&R for cleverly introducing this negative exogenous policy shock (sarcasm).
  • danielweber 13y ago
    Austerity was a big thing in Europe, and they mostly came to that decision before R+R's paper came out in 2010.