This suggests you can adjust GDP for debt by subtracting deficit (w or w/o inflation). Seems odd? Why not interest? http://seekingalpha.com/article/1473321-the-truth-about-qe-the-deficit-and-gdp-growth …
@ritwik_priya I usually find myself surprised by some non-trivial insight when digging into procedural OS in finance. Devil in details :)
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@vgr Oh absolutely. Market microstructure a genuinely important field of enquire in macro-finance. Highly recommend Perry Mehrling's work.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@vgr Though must clarify he ties up microstructure theory with monetary policy/theory, rather than operational details of finance.Thanks. Twitter will use this to make your timeline better. UndoUndo
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