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11 - 11 van 11 voor quick ratio
appendix derivations dsge model pdf
... 2.32), is mt at this stage it might be sensible to do a quick check - what happens to the demand for real money balances when the ... that adjusts consumption taxes smoothly to target a specific deficit-to-gdp ratio c,tct tsc,t-1ct-1 + gt +(1+rt-1)bt-1 -tt ... is the owner of the firm and the discount factor depends on the ratio of marginal utilities, ie. the price of certain unit of consumption in ...
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