wrong multipliers Archives - Keep Talking Greece

IMF report: Greek fiscal adjustment program failed ’cause of unpredicted human behavior

August 23, 2013 Economy 5

How much clown can you be? It looks as if “clownessness” has no limits. Three years after the loan agreement with Greece, the clowns of International Monetary Fund are still puzzled about the causes as to why the Greek fiscal adjustment program did not work and that recession grew much …

Marianne: The incredible errors by IMF experts & the wrong multiplier

January 22, 2013 Economy Comments Off on Marianne: The incredible errors by IMF experts & the wrong multiplier

Do you remember the report by IMF advisors Blanchard & Leigh “Growth forecast errors and fiscal multipliers, who were admitting the negative effects of the austerity measures? French weekly magazine Marianne wrote an article about the fatal mistakes made by the International Monetary Fund and located the calculation error – the wrong multiplier! The incredible …

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