Notation Flashcards by Confidential Class

Q

Overbar

A

denotes a parameter or exogenous value

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Q

denote a parameter or exogenous value

A

Overbar

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Q

star *

A

solution to model or steady-state value

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Q

solution to model or steady-state value

A

star *

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Q

(a-bar)

A

aggregated demand shock

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Q

aggregated demand shock

A

(a-bar)

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Q

(A-bar)

A

total factor of productivity

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Q

total factor of productivity

A

(A-bar)

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Q

(b-bar)

A

sensitivity of investment to interest rate

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Q

sensitivity of investment to interest rate

A

(b-bar)

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Q

(d-bar)

A

rate at which capital depreciates

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Q

rate at which capital depreciates

A

(d-bar)

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Q

g_x

A

growth rate of x

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Q

growth rate of x

A

g_x

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Q

i

A

nominal interest rate

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Q

nominal interest rate

A

i

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Q

I_t

A

investment

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Q

investment

A

I_t

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Q

k_t

A

capital per person

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Q

capital per person

A

k_t

Q

(o-bar)

A

Price shock of Phillip’s Curve

Q

Price shock of Phillip’s Curve

A

(o-bar)

Q

P_t

A

Price Level

Q

Price Level

A

P_t

Q

π_t

A

inflation rate during the year(t)

Q

inflation rate during the year(t)

A

π_t

Q

(r-bar)

A

marginal product of capital

Q

marginal product of capital

A

(r-bar)

Q

L_t

A

Labor Force

Q

Labor Force

A

L_t

Q

C_t

A

consumption

Q

consumption

A

C_t

Q

(s-bar)

A

investment rate in the Solow Model

Q

investment rate in the Solow Model

A

(s-bar)

Q

R_t

A

Real interest rate

Q

Real interest rate

A

R_t

Q

w

A

wages

Q

wages

A

w

Q

y_t

A

output per person

Q

output per person

A

y_t

Q

(Y-bar_t)

A

potential output

Q

potential output

A

(Y-bar_t)

Q

(Y~_t)

A

short-run output

Q

short-run output

A

(Y~_t)

Q

A

Q

A

Q

A

Q

A