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Solution of Macromodels with Hansen-Sargent Robust Policies: Some Extensions
We summarize some methods useful in formulating and solving Hansen-Sargent robust control problems, and suggest extensions to discretion and simple rules. Matlab, Octave, and Gauss software isExpand
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Adaptive Independent Metropolis–Hastings by Fast Estimation of Mixtures of Normals
TLDR
Adaptive Metropolis–Hastings samplers use information obtained from previous draws to tune the proposal distribution automatically and repeatedly. Expand
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Reconsidering the Role of Money for Output, Prices and Interest Rates
New Keynesian models of monetary policy predict no role for monetary aggregates, in the sense that the level of output, prices, and interest rates can be determined without knowledge of the quantityExpand
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A weighted fuzzy c
A fuzzy clustering model for fuzzy data is proposed. The model is based on a 'weighted' dissimilarity measure for comparing pairs of fuzzy data, composed by two distances, the so-called center (mode)Expand
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A weak degeneracy revealing decomposition for the CANDECOMP/PARAFAC model
The CANDECOMP/PARAFAC (CP) model is a well known and frequently used tool for extracting substantial information from a three‐way data array. It has several useful characteristics and usually givesExpand
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In!ation forecast uncertainty
TLDR
We study the in!ation uncertainty reported by individual forecasters in the Survey of Professional Forecasters 1969 –2001. Expand
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Least squares estimation of a linear regression model with LR fuzzy response
TLDR
A general linear regression model for studying the dependence of a LR fuzzy response variable on a set of crisp explanatory variables, along with a suitable iterative least squares estimation procedure, is introduced. Expand
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Evaluating New-Keynesian Models of a Small Open Economy
We suggest a strategy to evaluate members of a class of New-Keynesian models of a small open economy. As an example, we estimate a modified version of the model in Svensson ["Journal of InternationalExpand
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Reconsidering the Role of Money for Output, Prices and Interest Rates
New Keynesian models of monetary policy assign no role to monetary aggregates, in the sense that the level of output, prices, and interest rates can be determined without knowledge of the quantity ofExpand
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