Exact solution yields 

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gravity-gravitas-comment.pdf
... can be solved analytically, such that a numerical approximation is no longer needed. the exact solution yields a reduced-form log-linear gravity equation that can be estimated using standard ... once parameters have been estimated. repeating a-vw's two-country analysis using the exact solution yields border effects for canadian provinces that are smaller than reported previously. if the border ...
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ar1999.pdf
... billion. the estimates for november (at time of printing the exact figures were not available) indicate that the renewed growth in ... past several years, turkey has been unable to find a definite solution to high inflation and structural fiscal weaknesses. the price of ... these developments. t-bill rates continued their downward trend and yields were reduced 38%. the istanbul stock exchange ise-100 index ...
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appendix derivations dsge model pdf
... wj 1- 1- ca+ j,j combining the terms involving ca+ j,j then yields ( d)j-t h j h t (1+c,j) c- a+ j,j ... ,t -1) 1 n d,t (mcr t -1+)+ 1+rt g(st) an exact non-linear new keynesian phillips curve. if you log-linearise this we get the ... n. rankin, 2007, perpetual youth and endogenous labor supply a problem and a possible solution, journal of macroeconomics, vol. 29, no. 4, pp. 708 723. christiano, l.j., m. ...
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