> Once the errors in the spread where fixed, it actually proved the opposite
No, it did not. It simply moderated the effect [1].
[1] https://archive.nytimes.com/www.nytimes.com/interactive/2013...
No, it did not. It simply moderated the effect [1].
[1] https://archive.nytimes.com/www.nytimes.com/interactive/2013...
https://www.bloomberg.com/news/articles/2013-04-18/faq-reinh...
and from the rebuttal:
> The authors show our accidental omission has a fairly marginal effect on the 0-90% buckets in figure 2. However, it leads to a notable change in the average growth rate for the over 90% debt group.