๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Analytic Derivatives for Linear Rational Expectations Models

โœ Scribed by Andrew P. Blake


Book ID
111578629
Publisher
Springer US
Year
2004
Tongue
English
Weight
120 KB
Volume
24
Category
Article
ISSN
1572-9974

No coin nor oath required. For personal study only.


๐Ÿ“œ SIMILAR VOLUMES


Computing sunspot equilibria in linear r
โœ Thomas A. Lubik; Frank Schorfheide ๐Ÿ“‚ Article ๐Ÿ“… 2003 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 311 KB

We provide a computationally simple method of analyzing the e ects of fundamental and sunspot shocks in linear rational expectations models when the equilibrium is indeterminate. Under indeterminacy sunspots can a ect model dynamics through endogenous forecast errors. Moreover, the e ect of fundamen