Can anyone help with full dervaition form of New Area Wide Model of cogan et al fiscal consolidation strategy. I need desperately the mathematical full dervaition of model because I’m stack in, so help me out.
unfortunately, at the MMB we do not have the full set of derivations available for the New area Wide Model. In case noone can help you out in this forum, I would recommend you contact the authors with specific questions to the derivation of specific equations that you have trouble with.
OK I will contact the authors thank you