The Treasury responds, as Pagan does not lose faith

Jun 29, 2012, 06:43 AM

At the recent Melbourne Institute Intergen conference, Professor Pagan questioned the forecasting ability of the Treasury in what was a heated debate. The Treasury brought this recent Senate economics committee meeting to our attention. It sheds light on what happened after the conference. Speaking first is committee member Senator Barnaby Joyce, followed by Dr. David Gruen of the Treasury.