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Re: RE: RE: Estimating Surplus
Jim D wrote,
> Which you use would depend on what your purpose is. For
> studying time series, most of D&L's estimates of the profit
> rate mostly move together.
I am hoping to use it to provide students an estimate of the size of the
surplus. A quick and dirty estimate is all I want.
If I was going to use it for more serious purposes ("to make a contribution to
the literature" bla bla ;>) ) it would likely be a six month process to
figure out the "best" way to calculate the surplus.
I work slowly.
Eric
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