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When Rational Disagreement is Impossible

โœ Scribed by Lehrer, Keith


Year
0
Tongue
English
Weight
533 KB
Category
Fiction

No coin nor oath required. For personal study only.


๐Ÿ“œ SIMILAR VOLUMES


When is a goal rational?
โœ Karin Edvardsson; Sven Ove Hansson ๐Ÿ“‚ Article ๐Ÿ“… 2005 ๐Ÿ› Springer ๐ŸŒ English โš– 198 KB
Estimating and testing rational expectat
โœ Timothy Cogley ๐Ÿ“‚ Article ๐Ÿ“… 2001 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 299 KB

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,