-θ- Standard Taylor Economy; Av.Contract Length=2
—∙— Generalized Taylor Economy; Av.Contract Length=2.6
Quarters Afterthe Shock
Figure 4: Normalized Responses
30
-θ- Standard Taylor Economy; Av.Contract Length=2
—∙— Generalized Taylor Economy; Av.Contract Length=2.6
Quarters Afterthe Shock
Figure 4: Normalized Responses
30