Economic simulation essay

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economic simulation essay
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  • We develop an economic mechanism that captures the co-movements by incorporating two key features into a DSGE model: We introduce land as a collateral asset in firms credit constraints and we identify a shock that drives most of the observed fluctuations in land prices. INTRODUCTION. E of the greatest challenges for a history teacher in today's "do it now," "new is always better" world is in convincing students that studying the.
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economic simulation essay

Steve Keen: A Computer Simulation of Monetary Dynamics

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