Re:Global real interest rates and the ‘suprasecular’ decline...
by johbjo on Friday January 29, 2021 @08:55AM
(#25957229)
Seems disingenuous.
Looking at the their data (p. 13), it does not look like a linear trend. There are two obvious change points; 1450 where rates dropped around 5%, and then 1680 it dropped 5%.
Without the extreme outliers in 1905 and 1930, the trend would be constant at 5% from 1680 onwards.
Looking at the their data (p. 13), it does not look like a linear trend. There are two obvious change points; 1450 where rates dropped around 5%, and then 1680 it dropped 5%.
Without the extreme outliers in 1905 and 1930, the trend would be constant at 5% from 1680 onwards.