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barro

   Also found in: Medical, Wikipedia 0.01 sec.
barro [ˈbærəʊ]
adj
Austral slang embarrassing
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In 1991, looking across 100 countries, Robert Barro of Harvard presented historical evidence that high government spending actually hurts economies in the long run by crowding out private spending and shifting resources to the uses preferred by politicians rather than consumers.
The myth of the multiplier: why the stimulus package hasn't reduced ... by de Rugy, Veronique / Reason
He invokes the hoary old "Ricardian equivalence theorem," revived by the Harvard economist Robert Barro, according to whom "debt-financed spending can't have any effect, because people, seeing the higher future taxes that must pay off the debt, will simply save more.
Keynes versus the Classics: Round Two by Daily News Egypt (Egypt)
These papers were discussed: * Fatih Guvenen, University of Minnesota and NBER, and Anthony Smith, Yale University, "Inferring Labor Income Risk from Economic Choices: An Indirect Inference Approach" Robert Barro, Harvard University and NBER; Emi Nakamura and Jon Steinsson, Columbia University and NBER; and Jose Ursua, Harvard University, "Crises and Recoveries in an Empirical Model of Consumption Disasters" * James Kahn, University of Pennsylvania, "What Drives Housing Prices ?
Economic fluctuations and growth research meeting by NBER Reporter
 
 
 
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