An equation of the form \(y = mx + c\) where \(m\) and \(c\) are numbers, gives a straight line when values of \(x\) and corresponding values of \(y\) are plotted on a grid. A straight line is a ...
This article describes three approximation methods I used to solve the growth model (Model 1) studied by the National Bureau of Economic Research's nonlinear rational-expectations-modeling group ...
Often neither the exact density nor the exact cumulative distribution function (c.d.f.) of a statistic of interest is available in the statistics and econometrics literature (e.g., the maximum ...
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