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However, this comes at the cost of weakening the ability of sunspot models to explain fluctuations along some dimensions.
This can produce multiple equilibria and open the door to sunspot fluctuations.
The examples of sunspot equilibria that were known at the time were highly stylized and involved, for example, only a finite number of random states.
The stationary sunspot equilibria of a simple overlapping generations economy with heterogeneous agents are considered.
Indeterminacy and the sunspot do not increase these statistics and therefore do not alleviate the severity of the equity premium and other financial puzzles.
In particular, we were unable to connect sunspot ideas with everyday events in financial markets, like excessive volatility in exchange rates and asset prices.
Furthermore, we restrict attention to a time-invariant linear sunspot function.
In this economy, agents use the sunspot signal observed at the beginning of the current period to form expectations on next-period prices only.
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What makes me angry?
Какво ме ядосва?
Mostly，l hate when someone tries to make someone else feel bad.
Най-вече мразя, когато някой се опитва да накара някой друг да се чувства зле.
I have to admit that once, when l was actually called names.
Трябва да призная, че веднъж, когато наистина ме нарекоха.
l regretted doing this afterwards, but not full heartedly because l think l was provoked in that situation.
След това съжалявах, че го направих, но не искрено, защото смятам, че бях провокиран тази ситуация.
The most postive way of dealing with anger is talking about the problem.
Най-положителният начин за справяне с гнева е да говорите за проблема.
l talk to someone who listens, or l'll write my thoughts down on paper.
Говоря с някой, който ме слуша, или ще напиша мислите си на хартия.
Learning how to deal with anger as you're growing up is so important.
Да се научите как да се справяте с гнева, докато растете, е толкова важно.
When you're younger, you might yell,or cry when you're angry, but as you get older, you're expected to handle your emotions much better.
Когато си по-млад, може да крещиш или да плачеш, когато си ядосан, но когато остарееш, ти си се очаква да се справят с емоциите ви много по-добре.
Learning to control your emotion now will prevent you from doing something that you'll regret later on in life!
Ако се научите да контролирате емоциите си сега, ще ви попречи да направите нещо, което ще направите съжалявам по-късно в живота!
