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Using this, find the values of the parameters d and p so that, using the stationary distribution, the stochastic process for productivity has standard deviation
Using this, find the values of the parameters d and p so that, using the stationary distribution, the stochastic process for productivity has standard deviation equal to 0.05 and first order autocorrelation equal to 0.95
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Mathematical Interest Theory
Authors: Leslie Jane, James Daniel, Federer Vaaler
3rd Edition
147046568X, 978-1470465681
