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remove extra annotations in the code
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HumphreyYang committed Feb 26, 2024
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4 changes: 0 additions & 4 deletions lectures/cagan_ree.md
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We'll start by executing a version of our "experiment 1" in which the government implements a *foreseen* sudden permanent reduction in the rate of money creation at time $T_1$.
+++
Let's experiment with the following parameters
```{code-cell} ipython3
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plot_sequences(sequences, [r'$\mu$', r'$\pi$', r'$m - p$', r'$m$', r'$p$'])
```
+++ {"user_expressions": []}
The plot of the money growth rate $\mu_t$ in the top level panel portrays
a sudden reduction from $.5$ to $0$ at time $T_1 = 60$.
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