Notation Flashcards
1
Q
Overbar
A
denotes a parameter or exogenous value
2
Q
denote a parameter or exogenous value
A
Overbar
3
Q
star *
A
solution to model or steady-state value
4
Q
solution to model or steady-state value
A
star *
5
Q
(a-bar)
A
aggregated demand shock
6
Q
aggregated demand shock
A
(a-bar)
7
Q
(A-bar)
A
total factor of productivity
8
Q
total factor of productivity
A
(A-bar)
9
Q
(b-bar)
A
sensitivity of investment to interest rate
10
Q
sensitivity of investment to interest rate
A
(b-bar)
11
Q
(d-bar)
A
rate at which capital depreciates
12
Q
rate at which capital depreciates
A
(d-bar)
13
Q
gx
A
growth rate of x
14
Q
growth rate of x
A
gx
15
Q
i
A
nominal interest rate
16
Q
nominal interest rate
A
i
17
Q
It
A
investment
18
Q
investment
A
It
19
Q
kt
A
capital per person
20
Q
capital per person
A
kt
21
Q
(o-bar)
A
Price shock of Phillip’s Curve
22
Q
Price shock of Phillip’s Curve
A
(o-bar)
23
Q
Pt
A
Price Level
24
Q
Price Level
A
Pt
25
πt
inflation rate during the year(t)
26
inflation rate during the year(t)
πt
27
(r-bar)
marginal product of capital
28
marginal product of capital
(r-bar)
29
Lt
Labor Force
30
Labor Force
Lt
31
Ct
consumption
32
consumption
Ct
33
(s-bar)
investment rate in the Solow Model
34
investment rate in the Solow Model
(s-bar)
35
Rt
Real interest rate
36
Real interest rate
Rt
37
w
wages
38
wages
w
39
yt
output per person
40
output per person
yt
41
(Y-bart)
potential output
42
potential output
(Y-bart)
43
(Y~t)
short-run output
44
short-run output
(Y~t)
45
46
47
48
