The Washington Post article mentions a 1994 research paper by William Nordhaus as the source, but their link doesn’t seem to work. Here’s a working link to the paper:
https://cowles.yale.edu/sites/default/files/2022-08/d1078.pdf
The Washington Post article mentions a 1994 research paper by William Nordhaus as the source, but their link doesn’t seem to work. Here’s a working link to the paper:
https://cowles.yale.edu/sites/default/files/2022-08/d1078.pdf
It’s not negative, it’s between 1 and .1 (but much closer to 1)