This paper explores various strategies for estimating and testing rational expectations models when the trend speci"cation is uncertain. One approach seeks to make estimators and tests robust to trend misspeci"cation by reducing the in#uence of low frequency dynamics. However, contrary to intuition,
✦ LIBER ✦
Qualitatively Rational Expectations and Adjustment in the Specific-Factors Model
✍ Scribed by Max Albert; Jürgen Meckl
- Book ID
- 108534448
- Publisher
- John Wiley and Sons
- Year
- 1998
- Tongue
- English
- Weight
- 141 KB
- Volume
- 6
- Category
- Article
- ISSN
- 0965-7576
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