Importam-se de ler o mea culpa do economista-chefe do FMI sobre a aplicação da austeridade nas economias europeias?

An amazing mea culpa from the IMF’s chief economist on austerity:

'Consider it a mea culpa submerged in a deep pool of calculus and regression analysis: The International Monetary Fund’s top economist today acknowledged that the fund blew its forecasts for Greece and other European economies because it did not fully understand how government austerity efforts would undermine economic growth.'

O documento de Olivier Blanchard (e de Daniel Leigh), intitulado Growth Forecast Errors and Fiscal Multipliers, pode ser lido aqui.