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Tom's April 8 minor edits
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lectures/dovis_accounting_mf.md

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@@ -47,6 +47,7 @@ They thought about them at the beginning of the Reagan administration, when the
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Sargent and Wallace's title, "Some Unpleasant Monetarist Arithmetic," expressed the idea that in the face of a persistent net-of-interest government deficit, efforts to reduce inflation through tight monetary policy work only temporarily, if at all.
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That is because they lead to higher government debt and thus greater gross-of-interest government deficits that must be financed in the future.
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```
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tags: [hide-output]
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---
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!pip install jax
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```
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lectures/hansen_jagannathan_1991.md

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growth = np.asarray(consumption[1:] / consumption[:-1], dtype=float)
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means = []
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sigmas = []
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for γ in γ_grid:
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m = β * growth ** γ

lectures/hansen_richard_1987.md

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from scipy import stats
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import pandas as pd
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```
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## Data generation

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