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Empirical evidence on the Euler equation for investment in the US
Is the typical specification of the Euler equation for investment employed in DSGE models consistent with aggregate macro data? The answer is yes using state-of-the-art... -
Approximating grouped fixed effects estimation via fuzzy clustering regressio...
We propose a new, computationally efficient way to approximate the “grouped fixed effects” (GFE) estimator of Bonhomme and Manresa (2015), which estimates grouped patterns of...
