start

xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0041
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0041
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0040
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0040
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0040
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0039
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0038
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0036
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0034
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0033
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0032
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0032
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0032
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0032
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0032
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0033
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0033
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0033
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0033
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0033
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0032
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0032
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0033
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0033
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0035
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0036
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0038
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0039
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0040
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0040
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0005
   -0.0542
    0.9866


xR =

    0.0039
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0005
   -0.0542
    0.9866


xR =

    0.0039
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0038
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0039
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0040
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0041
   -0.4437
   -0.0091


xk =

    0.0002
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0042
   -0.4437
   -0.0091


xk =

    0.0002
    0.9834
   -0.0000


xw =

    0.0059
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0043
   -0.4437
   -0.0091


xk =

    0.0002
    0.9834
   -0.0000


xw =

    0.0059
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0043
   -0.4437
   -0.0091


xk =

    0.0002
    0.9834
   -0.0000


xw =

    0.0059
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0044
   -0.4437
   -0.0091


xk =

    0.0002
    0.9834
   -0.0000

mean growth 1316

mean_growth_1316 =

    0.0667

mean growth 0712

mean_growth_0712 =

    0.0125

change in potential growth from 2012Q4 to 2016Q3

ans =

    0.0148

average GDP growth 2013 -- 2016 minus 2007 -- 2012 

ans =

    0.0542

GDP growth 2008

Yg2008 =

    0.0195

GDP growth 2009

Yg2009 =

   -0.0367

GDP growth 2010

Yg2010 =

   -0.0106

average GDP growth 2008 -- 2010

ans =

   -0.0092

severity of recession

ans =

   -0.0452

average GDP growth 2010 -- 2012

ans =

    0.0187

(mean(y_tg(1:12)) - log(gamma))*4

ans =

   -0.0067

average revision: (mean(y_tg(12)) - log(gamma))*4

ans =

   -0.0163

GY2009

GY2009 =

    0.2087

GY2010

GY2010 =

    0.2058

GY2011

GY2011 =

    0.2056

GY2012

GY2012 =

    0.1988

change in potential growth from 2009Q4 to 2010Q4

ans =

   -0.0078

change in G

ans =

   -0.0462

GY2010-GY2009

ans =

   -0.0029

GY2011-GY2009

ans =

   -0.0031

GY2012-GY2009

ans =

   -0.0098

RE model@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@

xw_RE =

    0.0060
    0.3213
    0.0066

ini_con_RE

ini_con_RE =

   -0.0020    0.0020    0.0019         0

ini_con_RE

ini_con_RE =

   -0.0020    0.0039    0.0036         0

ini_con_RE

ini_con_RE =

   -0.0020    0.0058    0.0052         0

ini_con_RE

ini_con_RE =

   -0.0070    0.0077    0.0067         0

ini_con_RE

ini_con_RE =

   -0.0070    0.0144    0.0127         0

ini_con_RE

ini_con_RE =

   -0.0070    0.0211    0.0183         0

ini_con_RE

ini_con_RE =

   -0.0070    0.0276    0.0234         0

ini_con_RE

ini_con_RE =

         0    0.0340    0.0281         0

ini_con_RE

ini_con_RE =

         0    0.0335    0.0259         0

ini_con_RE

ini_con_RE =

         0    0.0329    0.0238         0

ini_con_RE

ini_con_RE =

         0    0.0324    0.0217         0

ini_con_RE

ini_con_RE =

         0    0.0318    0.0196         0

ini_con_RE

ini_con_RE =

         0    0.0313    0.0176         0

ini_con_RE

ini_con_RE =

         0    0.0308    0.0157         0

ini_con_RE

ini_con_RE =

         0    0.0303    0.0138         0

ini_con_RE

ini_con_RE =

         0    0.0298    0.0120         0

ini_con_RE

ini_con_RE =

         0    0.0293    0.0102         0

ini_con_RE

ini_con_RE =

         0    0.0288    0.0085         0

ini_con_RE

ini_con_RE =

         0    0.0283    0.0068         0

ini_con_RE

ini_con_RE =

         0    0.0278    0.0052         0

ini_con_RE

ini_con_RE =

         0    0.0274    0.0036         0

ini_con_RE

ini_con_RE =

         0    0.0269    0.0021         0

ini_con_RE

ini_con_RE =

         0    0.0265    0.0006         0

ini_con_RE

ini_con_RE =

         0    0.0260   -0.0008         0

ini_con_RE

ini_con_RE =

         0    0.0256   -0.0022         0

ini_con_RE

ini_con_RE =

         0    0.0252   -0.0036         0

ini_con_RE

ini_con_RE =

         0    0.0247   -0.0049         0

ini_con_RE

ini_con_RE =

         0    0.0243   -0.0062         0

ini_con_RE

ini_con_RE =

         0    0.0239   -0.0074         0

ini_con_RE

ini_con_RE =

         0    0.0235   -0.0086         0

ini_con_RE

ini_con_RE =

         0    0.0231   -0.0098         0

ini_con_RE

ini_con_RE =

         0    0.0227   -0.0109         0

ini_con_RE

ini_con_RE =

         0    0.0224   -0.0120         0

ini_con_RE

ini_con_RE =

         0    0.0220   -0.0130         0

ini_con_RE

ini_con_RE =

         0    0.0216   -0.0140         0

ini_con_RE

ini_con_RE =

         0    0.0213   -0.0150         0

ini_con_RE

ini_con_RE =

         0    0.0209   -0.0160         0

ini_con_RE

ini_con_RE =

         0    0.0206   -0.0169         0

ini_con_RE

ini_con_RE =

         0    0.0202   -0.0178         0


hp2 = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [1 0 0]
          LineStyle: '-'
          LineWidth: 0.5000
             Marker: 'o'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [1×56 double]
              YData: [1×56 double]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('hp2', 'var'), matlab.graphics.internal.getForDisplay('hp2', hp2, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('hp2'), end">all properties</a>


ythand = 

  <a href="matlab:helpPopup matlab.graphics.primitive.Text" style="font-weight:bold">Text</a> with properties:

                 String: ''
               FontSize: 8.8000
             FontWeight: 'normal'
               FontName: 'Helvetica'
                  Color: [0.1500 0.1500 0.1500]
    HorizontalAlignment: 'center'
               Position: [-15.3407 3.2552 -1]
                  Units: 'data'

  Show <a href="matlab:if exist('ythand', 'var'), matlab.graphics.internal.getForDisplay('ythand', ythand, 'matlab.graphics.primitive.Text'), else, matlab.graphics.internal.getForDisplay('ythand'), end">all properties</a>


ythand = 

  <a href="matlab:helpPopup matlab.graphics.primitive.Text" style="font-weight:bold">Text</a> with properties:

                 String: ''
               FontSize: 8.8000
             FontWeight: 'normal'
               FontName: 'Helvetica'
                  Color: [0.1500 0.1500 0.1500]
    HorizontalAlignment: 'center'
               Position: [-15.4512 -1.5625 -1.0000]
                  Units: 'data'

  Show <a href="matlab:if exist('ythand', 'var'), matlab.graphics.internal.getForDisplay('ythand', ythand, 'matlab.graphics.primitive.Text'), else, matlab.graphics.internal.getForDisplay('ythand'), end">all properties</a>

change in output gaps

ans =

   -0.0090

change in debt GDP ratio

ans =

    0.0163

grow_err(6)

ans =

   -0.0106

CAB 2009Q4

ans =

   -0.0031

change in CAB: 2009Q4 -- 2012Q4

ans =

    0.0025

change in potential output growth: 2009Q4 -- 2012Q4

ans =

   -0.4203

growth_fore_err

growth_fore_err =

   -0.0466


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0041
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0041
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0040
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0040
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0040
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0039
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0038
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0036
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0035
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0034
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0033
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0033
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0033
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0033
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0033
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0061
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0034
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0034
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0035
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0035
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0036
   -0.4437
   -0.0092


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0036
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0037
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0037
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0038
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0038
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0039
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0039
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0039
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0039
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0040
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0040
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0040
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0040
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0040
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0040
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0040
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0040
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0040
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0041
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000


xw =

    0.0060
    0.3213
    0.0066


xb =

    0.0006
   -0.0542
    0.9866


xR =

    0.0041
   -0.4437
   -0.0091


xk =

    0.0001
    0.9834
   -0.0000

mean growth 1316

mean_growth_1316 =

    0.0477

mean growth 0712

mean_growth_0712 =

    0.0221

change in potential growth from 2012Q4 to 2016Q3

ans =

    0.0082

average GDP growth 2013 -- 2016 minus 2007 -- 2012 

ans =

    0.0256

GDP growth 2008

Yg2008 =

    0.0195

GDP growth 2009

Yg2009 =

   -0.0319

GDP growth 2010

Yg2010 =

    0.0022

average GDP growth 2008 -- 2010

ans =

   -0.0034

severity of recession

ans =

   -0.0394

average GDP growth 2010 -- 2012

ans =

    0.0363

(mean(y_tg(1:12)) - log(gamma))*4

ans =

   -0.0062

average revision: (mean(y_tg(12)) - log(gamma))*4

ans =

   -0.0141

GY2009

GY2009 =

    0.2094

GY2010

GY2010 =

    0.2087

GY2011

GY2011 =

    0.2085

GY2012

GY2012 =

    0.2086

change in potential growth from 2009Q4 to 2010Q4

ans =

   -0.0058

change in G

ans =

   -0.0237

GY2010-GY2009

ans =

  -6.8796e-04

GY2011-GY2009

ans =

  -8.8807e-04

GY2012-GY2009

ans =

  -8.5544e-04

RE model@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@

xw_RE =

    0.0060
    0.3213
    0.0066

ini_con_RE

ini_con_RE =

   -0.0020    0.0020    0.0019         0

ini_con_RE

ini_con_RE =

   -0.0020    0.0039    0.0036         0

ini_con_RE

ini_con_RE =

   -0.0020    0.0058    0.0052         0

ini_con_RE

ini_con_RE =

   -0.0070    0.0077    0.0067         0

ini_con_RE

ini_con_RE =

   -0.0070    0.0144    0.0127         0

ini_con_RE

ini_con_RE =

   -0.0070    0.0211    0.0183         0

ini_con_RE

ini_con_RE =

   -0.0070    0.0276    0.0234         0

ini_con_RE

ini_con_RE =

         0    0.0340    0.0281         0

ini_con_RE

ini_con_RE =

         0    0.0335    0.0259         0

ini_con_RE

ini_con_RE =

         0    0.0329    0.0238         0

ini_con_RE

ini_con_RE =

         0    0.0324    0.0217         0

ini_con_RE

ini_con_RE =

         0    0.0318    0.0196         0

ini_con_RE

ini_con_RE =

         0    0.0313    0.0176         0

ini_con_RE

ini_con_RE =

         0    0.0308    0.0157         0

ini_con_RE

ini_con_RE =

         0    0.0303    0.0138         0

ini_con_RE

ini_con_RE =

         0    0.0298    0.0120         0

ini_con_RE

ini_con_RE =

         0    0.0293    0.0102         0

ini_con_RE

ini_con_RE =

         0    0.0288    0.0085         0

ini_con_RE

ini_con_RE =

         0    0.0283    0.0068         0

ini_con_RE

ini_con_RE =

         0    0.0278    0.0052         0

ini_con_RE

ini_con_RE =

         0    0.0274    0.0036         0

ini_con_RE

ini_con_RE =

         0    0.0269    0.0021         0

ini_con_RE

ini_con_RE =

         0    0.0265    0.0006         0

ini_con_RE

ini_con_RE =

         0    0.0260   -0.0008         0

ini_con_RE

ini_con_RE =

         0    0.0256   -0.0022         0

ini_con_RE

ini_con_RE =

         0    0.0252   -0.0036         0

ini_con_RE

ini_con_RE =

         0    0.0247   -0.0049         0

ini_con_RE

ini_con_RE =

         0    0.0243   -0.0062         0

ini_con_RE

ini_con_RE =

         0    0.0239   -0.0074         0

ini_con_RE

ini_con_RE =

         0    0.0235   -0.0086         0

ini_con_RE

ini_con_RE =

         0    0.0231   -0.0098         0

ini_con_RE

ini_con_RE =

         0    0.0227   -0.0109         0

ini_con_RE

ini_con_RE =

         0    0.0224   -0.0120         0

ini_con_RE

ini_con_RE =

         0    0.0220   -0.0130         0

ini_con_RE

ini_con_RE =

         0    0.0216   -0.0140         0

ini_con_RE

ini_con_RE =

         0    0.0213   -0.0150         0

ini_con_RE

ini_con_RE =

         0    0.0209   -0.0160         0

ini_con_RE

ini_con_RE =

         0    0.0206   -0.0169         0

ini_con_RE

ini_con_RE =

         0    0.0202   -0.0178         0

+++++++++++++++++++multiplier++++++++++++++++

multiplier =

  Columns 1 through 13

         0         0         0         0         0         0         0         0    1.8616    2.1005    2.2597    2.3844    2.4845

  Columns 14 through 26

    2.5546    2.5688    2.5216    2.4405    2.3647    2.3245    2.3225    2.3516    2.4027    2.4676    2.5367    2.5987    2.6408

  Columns 27 through 39

    2.6498    2.6182    2.5526    2.4758    2.4161    2.3925    2.4098    2.4430    2.4507    2.4393    2.4130    2.3750    2.3276

  Column 40

    2.2728


multiplier1 =

  Columns 1 through 13

         0         0         0         0         0         0         0         0    3.7449    3.8115    3.8513    3.8830    3.9099

  Columns 14 through 26

    3.9279    3.9229    3.8851    3.8156    3.7242    3.6292    3.5450    3.4813    3.4429    3.4296    3.4361    3.4532    3.4693

  Columns 27 through 39

    3.4720    3.4515    3.4062    3.3449    3.2849    3.2443    3.2360    3.2484    3.2518    3.2486    3.2403    3.2285    3.2139

  Column 40

    3.1976


multiplier_RE =

  Columns 1 through 21

     0     0     0     0     0     0     0     0   NaN   NaN   NaN   NaN   NaN   NaN   NaN   NaN   NaN   NaN   NaN   NaN   NaN

  Columns 22 through 40

   NaN   NaN   NaN   NaN   NaN   NaN   NaN   NaN   NaN   NaN   NaN   NaN   NaN   NaN   NaN   NaN   NaN   NaN   NaN


multiplier_RE1 =

  Columns 1 through 13

         0         0         0         0         0         0         0         0   10.0585    9.6149    9.2153    8.8534    8.5241

  Columns 14 through 26

    8.2232    7.9473    7.6932    7.4587    7.2414    7.0395    6.8516    6.6761    6.5120    6.3581    6.2135    6.0774    5.9491

  Columns 27 through 39

    5.8280    5.7134    5.6048    5.5018    5.4041    5.3111    5.2225    5.1381    5.0576    4.9807    4.9071    4.8367    4.7693

  Column 40

    4.7046


years =

        2008        2009        2010        2011        2012        2013        2014        2015        2016        2017


h1 = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [0 1 0]
          LineStyle: '-'
          LineWidth: 0.5000
             Marker: 'none'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [733682 734047 734412 734777 735143 735508]
              YData: [-2.4840 -9.6578 -13.2441 -17.8441 -24.0644 -29.3364]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('h1', 'var'), matlab.graphics.internal.getForDisplay('h1', h1, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('h1'), end">all properties</a>


h1 = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [0 0 1]
          LineStyle: '-'
          LineWidth: 0.5000
             Marker: 'none'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [1×40 double]
              YData: [1×40 double]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('h1', 'var'), matlab.graphics.internal.getForDisplay('h1', h1, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('h1'), end">all properties</a>


y_with =

  Columns 1 through 13

   -0.1885   -0.5588   -1.0587   -1.6464   -2.7602   -4.3573   -6.4331   -8.9125  -10.9866  -12.4075  -13.2317  -13.5738  -13.5207

  Columns 14 through 26

  -13.1874  -12.7708  -12.4993  -12.5315  -12.9103  -13.5131  -14.1153  -14.4506  -14.2571  -13.3537  -11.7467   -9.6706   -7.5317

  Columns 27 through 39

   -5.8001   -4.8581   -4.8508   -5.5940   -6.5781   -7.0931   -6.4662   -4.7838   -3.0955   -1.8417   -0.9404   -0.3224    0.0711

  Column 40

    0.2887


ylhand = 

  <a href="matlab:helpPopup matlab.graphics.primitive.Text" style="font-weight:bold">Text</a> with properties:

                 String: ''
               FontSize: 8.8000
             FontWeight: 'normal'
               FontName: 'Helvetica'
                  Color: [0.1500 0.1500 0.1500]
    HorizontalAlignment: 'center'
               Position: [7.3318e+05 -15.0000 -1.0000]
                  Units: 'data'

  Show <a href="matlab:if exist('ylhand', 'var'), matlab.graphics.internal.getForDisplay('ylhand', ylhand, 'matlab.graphics.primitive.Text'), else, matlab.graphics.internal.getForDisplay('ylhand'), end">all properties</a>

average output loss over three years

ans =

   -2.4175

cumulative output loss over six years

ans =

  -16.7839


h2 = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [0 0 1]
          LineStyle: '-'
          LineWidth: 0.5000
             Marker: 'none'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [1×40 double]
              YData: [1×40 double]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('h2', 'var'), matlab.graphics.internal.getForDisplay('h2', h2, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('h2'), end">all properties</a>


h3 = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [0 0 1]
          LineStyle: '--'
          LineWidth: 0.5000
             Marker: 'none'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [1×40 double]
              YData: [1×40 double]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('h3', 'var'), matlab.graphics.internal.getForDisplay('h3', h3, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('h3'), end">all properties</a>


h3 = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [0 0 1]
          LineStyle: '-'
          LineWidth: 0.5000
             Marker: 'none'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [1×40 double]
              YData: [1×40 double]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('h3', 'var'), matlab.graphics.internal.getForDisplay('h3', h3, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('h3'), end">all properties</a>


h4 = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [0 0 1]
          LineStyle: '--'
          LineWidth: 0.5000
             Marker: 'none'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [1×40 double]
              YData: [1×40 double]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('h4', 'var'), matlab.graphics.internal.getForDisplay('h4', h4, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('h4'), end">all properties</a>


h4 = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [0 0 1]
          LineStyle: '-'
          LineWidth: 0.5000
             Marker: 'none'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [1×40 double]
              YData: [1×40 double]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('h4', 'var'), matlab.graphics.internal.getForDisplay('h4', h4, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('h4'), end">all properties</a>


h5 = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [0 0 1]
          LineStyle: '--'
          LineWidth: 0.5000
             Marker: 'none'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [1×40 double]
              YData: [1×40 double]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('h5', 'var'), matlab.graphics.internal.getForDisplay('h5', h5, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('h5'), end">all properties</a>


hi1 = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [0 0 1]
          LineStyle: '-'
          LineWidth: 0.5000
             Marker: 'none'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [1×40 double]
              YData: [1×40 double]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('hi1', 'var'), matlab.graphics.internal.getForDisplay('hi1', hi1, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('hi1'), end">all properties</a>


hi1 = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [0 0 1]
          LineStyle: '--'
          LineWidth: 0.5000
             Marker: 'none'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [1×40 double]
              YData: [1×40 double]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('hi1', 'var'), matlab.graphics.internal.getForDisplay('hi1', hi1, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('hi1'), end">all properties</a>


h1 = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [0 1 0]
          LineStyle: '-'
          LineWidth: 0.5000
             Marker: 'none'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [734412 734777 735143 735508]
              YData: [0 0 0 0]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('h1', 'var'), matlab.graphics.internal.getForDisplay('h1', h1, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('h1'), end">all properties</a>

g_with1

g_with1 =

  Columns 1 through 13

   -0.0020   -0.0058   -0.0111   -0.0173   -0.0294   -0.0466   -0.1714   -0.2993   -0.4213   -0.4267   -0.4343   -0.4193   -0.3907

  Columns 14 through 26

   -0.3738   -0.4300   -0.5815   -0.8092   -1.0743   -1.2937   -1.4226   -1.4163   -1.2519   -0.9459   -0.5808   -0.2648   -0.0956

  Columns 27 through 39

   -0.1365   -0.3794   -0.7403   -1.0708   -1.2006   -0.9949   -0.4224    0.0940    0.1072    0.1172    0.1244    0.1295    0.1329

  Column 40

    0.1348


h2 = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [0 0 1]
          LineStyle: '-'
          LineWidth: 0.5000
             Marker: 'none'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [1×40 double]
              YData: [1×40 double]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('h2', 'var'), matlab.graphics.internal.getForDisplay('h2', h2, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('h2'), end">all properties</a>


h2 = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [0 0 1]
          LineStyle: '--'
          LineWidth: 0.5000
             Marker: 'none'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [1×40 double]
              YData: [1×40 double]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('h2', 'var'), matlab.graphics.internal.getForDisplay('h2', h2, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('h2'), end">all properties</a>


h1 = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [0 1 0]
          LineStyle: '-'
          LineWidth: 0.5000
             Marker: 'none'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [734047 734412 734777 735143 735508 735873 736238 736604]
              YData: [0 0 0 0 0 0 0 0]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('h1', 'var'), matlab.graphics.internal.getForDisplay('h1', h1, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('h1'), end">all properties</a>


hp = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [0 0 1]
          LineStyle: '-'
          LineWidth: 0.5000
             Marker: 'o'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [1×40 double]
              YData: [1×40 double]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('hp', 'var'), matlab.graphics.internal.getForDisplay('hp', hp, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('hp'), end">all properties</a>


hpp = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [1 0 0]
          LineStyle: '-'
          LineWidth: 0.5000
             Marker: 'diamond'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [1×40 double]
              YData: [1×40 double]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('hpp', 'var'), matlab.graphics.internal.getForDisplay('hpp', hpp, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('hpp'), end">all properties</a>


y2hand = 

  <a href="matlab:helpPopup matlab.graphics.primitive.Text" style="font-weight:bold">Text</a> with properties:

                 String: ''
               FontSize: 9.9000
             FontWeight: 'normal'
               FontName: 'Helvetica'
                  Color: [0.1500 0.1500 0.1500]
    HorizontalAlignment: 'center'
               Position: [7.3294e+05 0.6919 -1]
                  Units: 'data'

  Show <a href="matlab:if exist('y2hand', 'var'), matlab.graphics.internal.getForDisplay('y2hand', y2hand, 'matlab.graphics.primitive.Text'), else, matlab.graphics.internal.getForDisplay('y2hand'), end">all properties</a>


hpp1 = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [1 0 0]
          LineStyle: '-'
          LineWidth: 0.5000
             Marker: 'diamond'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [1×40 double]
              YData: [1×40 double]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('hpp1', 'var'), matlab.graphics.internal.getForDisplay('hpp1', hpp1, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('hpp1'), end">all properties</a>


y3hand = 

  <a href="matlab:helpPopup matlab.graphics.primitive.Text" style="font-weight:bold">Text</a> with properties:

                 String: ''
               FontSize: 9.9000
             FontWeight: 'normal'
               FontName: 'Helvetica'
                  Color: [0.1500 0.1500 0.1500]
    HorizontalAlignment: 'center'
               Position: [7.3306e+05 -0.3321 -1]
                  Units: 'data'

  Show <a href="matlab:if exist('y3hand', 'var'), matlab.graphics.internal.getForDisplay('y3hand', y3hand, 'matlab.graphics.primitive.Text'), else, matlab.graphics.internal.getForDisplay('y3hand'), end">all properties</a>


h1 = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [0 1 0]
          LineStyle: '-'
          LineWidth: 0.5000
             Marker: 'none'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [733682 734047 734412 734777 735143 735508]
              YData: [0 0 0 0 0 0]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('h1', 'var'), matlab.graphics.internal.getForDisplay('h1', h1, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('h1'), end">all properties</a>


hp2 = 

  <a href="matlab:helpPopup matlab.graphics.chart.primitive.Line" style="font-weight:bold">Line</a> with properties:

              Color: [1 0 0]
          LineStyle: '-'
          LineWidth: 0.5000
             Marker: 'o'
         MarkerSize: 6
    MarkerFaceColor: 'none'
              XData: [1×56 double]
              YData: [1×56 double]
              ZData: [1×0 double]

  Show <a href="matlab:if exist('hp2', 'var'), matlab.graphics.internal.getForDisplay('hp2', hp2, 'matlab.graphics.chart.primitive.Line'), else, matlab.graphics.internal.getForDisplay('hp2'), end">all properties</a>


ythand = 

  <a href="matlab:helpPopup matlab.graphics.primitive.Text" style="font-weight:bold">Text</a> with properties:

                 String: ''
               FontSize: 8.8000
             FontWeight: 'normal'
               FontName: 'Helvetica'
                  Color: [0.1500 0.1500 0.1500]
    HorizontalAlignment: 'center'
               Position: [-15.3407 3.0000 -1.0000]
                  Units: 'data'

  Show <a href="matlab:if exist('ythand', 'var'), matlab.graphics.internal.getForDisplay('ythand', ythand, 'matlab.graphics.primitive.Text'), else, matlab.graphics.internal.getForDisplay('ythand'), end">all properties</a>


ythand = 

  <a href="matlab:helpPopup matlab.graphics.primitive.Text" style="font-weight:bold">Text</a> with properties:

                 String: ''
               FontSize: 8.8000
             FontWeight: 'normal'
               FontName: 'Helvetica'
                  Color: [0.1500 0.1500 0.1500]
    HorizontalAlignment: 'center'
               Position: [-15.4512 -1.5000 -1.0000]
                  Units: 'data'

  Show <a href="matlab:if exist('ythand', 'var'), matlab.graphics.internal.getForDisplay('ythand', ythand, 'matlab.graphics.primitive.Text'), else, matlab.graphics.internal.getForDisplay('ythand'), end">all properties</a>

change in output gaps

ans =

   -0.0090

change in debt GDP ratio

ans =

    0.0163

grow_err(6)

ans =

   -0.0106

CAB 2009Q4

ans =

   -0.0031

change in CAB: 2009Q4 -- 2012Q4

ans =

    0.0025

change in potential output growth: 2009Q4 -- 2012Q4

ans =

   -0.4203

growth_fore_err

growth_fore_err =

    0.0064

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
RE solution
ordering: rk wage output mp hours cons invst caput cap gama
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
