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Federal Reserve Bank of Minneapolis: 'Approximating Transition Dynamics With Discrete Choice'
August 13, 2025
MINNEAPOLIS, Minnesota, Aug. 13 (TNSLrpt) -- The Federal Reserve Bank of Minneapolis issued the following Economic Research report (No. 672) on August 11, 2025, by Anmol Bhandari, David Evans, and Ellen McGrattan entitled "Approximating Transition Dynamics with Discrete Choice."

Here are excerpts:

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This paper develops a method to analyze policy reforms in environments with discrete choice, such as occupational choice or default. Computing tra . . .

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