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Science / Estimation theory / Macroeconomics / Random walk model of consumption / Elasticity of intertemporal substitution / Bellman equation / Euler equations / Estimating equations / Log-normal distribution / Mathematics / Mathematical analysis / Equations


Death to the Log-Linearized Consumption Euler Equation! (And Very Poor Health to the Second-Order Approximation) Christopher D. Carroll† Published as: Carroll, Christopher D) ”Death to the Log
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Document Date: 2006-01-12 13:28:57


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CEQ LC / /

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Johns Hopkins University / /

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infinite horizon solution / numerical solution / /

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The easiest way / /

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Johns Hopkins University / Department of Economics / /

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Sydney Ludvigson / Orazio Attanasio / Martin Browning / John Campbell / Christopher D. Carroll / Chris Paxson / /

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author / consumers Pm in group / model in Carroll / /

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C / /

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simulation / GPS / /

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