Gross steady state inflation rate is calibrated to 3，i think it could be wrong

General DSGE Modeling Replication Attempts
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dear Prof. Pfeifer, can you check this out , thank you so much. :heartbeat: :heartbeat: :heartbeat:

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Is it 1.03? I think 3 may be to big for the reasonable value.

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I would not trust that paper. There are many red flags.

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Prof.
Thank you so much for your kindness reply.