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The Solution of Linear Difference Models under Rational Expectations

โœ Scribed by Olivier Jean Blanchard and Charles M. Kahn


Book ID
111643104
Publisher
John Wiley and Sons
Year
1980
Tongue
English
Weight
179 KB
Volume
48
Category
Article
ISSN
0012-9682

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This paper presents e$cient methods for the solution of xnite-horizon multivariate linear rational expectations (MLRE) models, linking the solution of such models to the problem of solving sparse linear equation systems with a block-tridiagonal coe$cient matrix structure. Two numerical schemes for t