𝔖 Bobbio Scriptorium
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Solving and Estimating Dynamic Models under Rational Expectations

✍ Scribed by Fabrice Collard; Patrick Fève; Corinne Perraudin


Book ID
110267276
Publisher
Springer US
Year
2000
Tongue
English
Weight
127 KB
Volume
15
Category
Article
ISSN
1572-9974

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📜 SIMILAR VOLUMES


Solving for optimal simple rules in rati
✍ Richard Dennis 📂 Article 📅 2004 🏛 Elsevier Science 🌐 English ⚖ 679 KB

This paper presents algorithms that solve for optimal simple monetary policy rules in rational expectations models with precommitment and discretion. The algorithms are applied to the models in Fuhrer (J. Money, Credit, Banking 29 (1997) 214), Clarida et al. (J. Econ. Lit. 37 (1999) 1661) and Rudebu