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

dear Prof. Pfeifer, can you check this out , thank you so much. :heartbeat: :heartbeat: :heartbeat:

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

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

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Thank you so much for your kindness reply.