In the continuing series of pretty pictures, here are the graphs of the price level surface from this post with the independent variables being real GDP (GDP/price level) and the real MB (MB/price level). They are normalized to the value of the dollar in 1992 because that happens to be where log P goes through zero in this fit:
+1.png)
+2.png)
+3.png)
No comments:
Post a Comment
Comments are welcome. Please see the Moderation and comment policy.
Also, try to avoid the use of dollar signs as they interfere with my setup of mathjax. I left it set up that way because I think this is funny for an economics blog. You can use € or £ instead.
Note: Only a member of this blog may post a comment.