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Despite Flaws, Harvard Economists Stand By Research

Apr 18, 2013 (Morning Edition) — At what point does debt start to drag down an economy? Harvard economists Carmen Reinhart and Ken Rogoff have argued that a debt to GDP ratio of 90 percent is a red line of sorts. That idea is under attack with economists from the University of Massachusetts charging that Rogoff and Reinhart used selective data to make their case.

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Jim Zarroli

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