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Figure 1. Priors and posteriors in NK-DSGE model. The online version of this figure is in color.
Figure 2. Priors and posteriors in NKPC with AR(1) process for the output gap. The online version of this figure is in color.
Figure 3. Expected priors and posteriors in NK-DSGE model. The online version of this figure is in color.
Table 5. Posterior precisions: asymptotic and estimated

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