varies rw. If we take reln = 0.2 we have three possibilities to hit this value: for αF = 0.6,
relY = 1.0 and rw = 0.75; for αF = 0.5 either relY = 1.0 and rw = 0.47 or relY = 1.5
and rw = 0.9. In the estimation we choose priors of rw = 0.75, relY = 1.0, αF = 0.6 and
αI = 0.8.
Figure 2: Calibration of rw to fit reln. αF = 0.6
Figure 3: Calibration of rw to fit reln. αF = 0.5
41
More intriguing information
1. Orientation discrimination in WS 22. The name is absent
3. THE AUTONOMOUS SYSTEMS LABORATORY
4. Developments and Development Directions of Electronic Trade Platforms in US and European Agri-Food Markets: Impact on Sector Organization
5. The name is absent
6. Campanile Orchestra
7. An Interview with Thomas J. Sargent
8. The name is absent
9. How does an infant acquire the ability of joint attention?: A Constructive Approach
10. The name is absent