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Control of linear systems with rational expectations. The case of incomplete information

โœ Scribed by Emilio Cerda Tena


Book ID
112927819
Publisher
Springer
Year
1992
Weight
370 KB
Volume
7
Category
Article
ISSN
0213-8204

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On the solution of the linear rational e
โœ Hugo Kruiniger ๐Ÿ“‚ Article ๐Ÿ“… 2000 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 197 KB

In this paper the symmetric linear rational expectations model from is generalized by allowing for multiple lags. By using a convenient decomposition of the matrix lag polynomial of the Euler}Lagrange equations that encompasses that for the Kollintzas model, it is shown that the model admits a uniq