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Posted May 01. 2013 1:29PM

UMass economists take on Harvard, argue U.S. can borrow more

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But the UMass economists - Thomas Herndon, Michael Ash, and Robert Pollin - found significant errors with Reinhart and Rogoff’s methods. These included data omissions, questionable decisions about how to weight data, and a coding error in the Excel spreadsheet Reinhart and Rogoff used to calculate their final results.