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Optimal Money Flow offers solutions to America's present perilous economic conditions. Lawrence C. Marsh's new book introduces the innovative ""Money Flow"" paradigm that sees government as the heart of the free enterprise system where it does and should play an active part. Previous economic paradigms saw government as an external, alien force outside of the system. This book promotes a very different approach. While it acknowledges efficiency in the market for ordinary goods and services, it sees contagion effects and inefficiency in many financial markets.
Spline Regression Models shows the nuts-and-bolts of using dummy variables to formulate and estimate various spline regression models. For some researchers this will involve situations where the number and location of the spline knots are known in advance, while others will need to determine the number and location of spline knots as part of the estimation process. Through the use of a number of straightforward examples, the authors will show readers how to work with both types of spline knot situations as well as offering practical, down-to-earth information on estimating splines.
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