Answer to Question #74188 in Macroeconomics for Sam

Question #74188
https://www.frbatlanta.org/-/media/documents/news/conferences/2010/chcs/shimer.pdf


In the attached paper, section 2.1 I am not being able to understand how the author calculated equation 3,4,5. If you provide a step by step answer would be great.
1
Expert's answer
2018-03-02T07:53:29-0500
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