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(Sven:)
Right, I should have thought of that. Still I would be interested to see
a direct comparison between the AB approach there and a competing C
model doing the same thing. (It's a bit off-topic here, but if you have
literature pointers they would be welcome.)
I think Caldara - Kamps (ECB WP, 857 I think) is what you would like to see for the US.
Andreas
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Andreas Zervas