Open
Description
- Remove bold "multiplier-accelerator model" and make them italic.
- Chang the "this QuantEcon lecture" to lecture name with a link.
- Explain what second-order means: It is called second order because
$y_t$ depends on two lags. - Add link for steady state.
- Add links for Eugen Slutsky in the lecture.
- Add link for IID.
- "Notice how the population variance increases and asymptotes" -> "Notice how the population variance increases and asymptotes."
- "This is is an indication" -> "This is an indication".
- Fix the code inconsistency (@HumphreyYang).
- Fix the right corner code (@SylviaZhaooo).
- "super diagonal" -> "superdiagonal".
- remove "another lecture in this lecture".
- Add some comments (links) on the invertibility of the matrices.
- Change emphasis for italics.
- Add an exercise for this lecture
- "backwards looking" -> "backward looking"