WebDownloadable! An analytical (heterogeneous-agent New-Keynesian) HANK model allows a closed-form treatment of a wide range of NK topics: determinacy properties of interest … WebAug 21, 2016 · For this, of course, you need the un-normalised trace Tr ( C) = ∑ k = 1 n C k k on R n × n. Once you know this and observe (by whichever definition of the Frobenius norm you prefer) that ‖ C T ‖ F = ‖ C ‖ F for all C ∈ R m × n, the Cauchy–Schwarz inequality for the inner product ⋅, ⋅ immediately yields your second inequality.
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