Monthly Archive: May 2013

May 16

Sir Mervyn King as Governor of the Bank of England – Marks out of 10

As Sir Mervyn King enters his final days as Governor of the Bank of England, the time is right to assess his overall record over the past 10 years. 1. Monetary policy before the credit crunch. The initial phase of his tenure, between 2003 and 2007, appeared at the time to be a period of …

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May 13

The Reinhart-Rogoff Controversy and predictors of sovereign debt default

There has been much debate in the financial press recently about the implications of new evidence that seems to contradict the Reinhart-Rogoff rule. The strong version of the rule states that, once the ratio of national debt to GDP rises above 90%, it has a significant negative impact on the rate of economic growth. The …

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Permanent link to this article: http://www.goldenguinea.com/the-reinhart-rogoff-controversy-and-predictors-of-sovereign-debt-default/