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Explain why, for Black Bears in Bad Years, [0, 0) is stable. You will need to use the equality from X-Ray Machine, MNPQ = (UgAfim
Explain why, for Black Bears in Bad Years, [0, 0) is stable. You will need to use the equality from X-Ray Machine, MNPQ = (UgAfim + (wAg'w as well as the eigenvalues of the model itself, A1 = 0.9, A2 = 0.4. For this particular exercise, you don't need the m part
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