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Can global real GDP be calculated using nominal GDP and inflation rate? If so what is the error?

Inflation is not meant to be used that way. If you want to calculate real GDP you want either deflator or CPI or some measure of price level inflation measures the change in price level. What you want ...
1muflon1's user avatar
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Variable dropped for collinearity in feols package in R (TWFE)

When you include country fixed effects $\alpha_i$ in your model you include a dummy variable for each country. However, you cannot have a dummy variable for each $i$, and still identify the ...
Jesper Hybel's user avatar
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