Reduced Forms of Rational Expectations Models

Reduced Forms of Rational Expectations Models

Author: L. Broze

Publisher: Routledge

Published: 2013-06-17

Total Pages: 144

ISBN-13: 1136457801

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A comprehensive exposition of rational expectations models is provided here, working up from simple univariate models to more sophisticated multivariate and non-linear models.


Book Synopsis Reduced Forms of Rational Expectations Models by : L. Broze

Download or read book Reduced Forms of Rational Expectations Models written by L. Broze and published by Routledge. This book was released on 2013-06-17 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive exposition of rational expectations models is provided here, working up from simple univariate models to more sophisticated multivariate and non-linear models.


Reduced Forms of Rational Expectations Models

Reduced Forms of Rational Expectations Models

Author: Laurence Broze

Publisher:

Published: 2001

Total Pages: 0

ISBN-13:

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Book Synopsis Reduced Forms of Rational Expectations Models by : Laurence Broze

Download or read book Reduced Forms of Rational Expectations Models written by Laurence Broze and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Reduced Forms of Rational Expectations Models

Reduced Forms of Rational Expectations Models

Author: L. Broze

Publisher: Routledge

Published: 2013-06-17

Total Pages: 134

ISBN-13: 1136457739

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A comprehensive exposition of rational expectations models is provided here, working up from simple univariate models to more sophisticated multivariate and non-linear models.


Book Synopsis Reduced Forms of Rational Expectations Models by : L. Broze

Download or read book Reduced Forms of Rational Expectations Models written by L. Broze and published by Routledge. This book was released on 2013-06-17 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive exposition of rational expectations models is provided here, working up from simple univariate models to more sophisticated multivariate and non-linear models.


Solving Reduced-form Linear Rational Expectations Models

Solving Reduced-form Linear Rational Expectations Models

Author: Jae Won Lee

Publisher:

Published: 2020

Total Pages: 0

ISBN-13:

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Book Synopsis Solving Reduced-form Linear Rational Expectations Models by : Jae Won Lee

Download or read book Solving Reduced-form Linear Rational Expectations Models written by Jae Won Lee and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:


The Econometric Analysis of Non-Uniqueness in Rational Expectations Models

The Econometric Analysis of Non-Uniqueness in Rational Expectations Models

Author: L. Broze

Publisher: Elsevier

Published: 2014-06-28

Total Pages: 249

ISBN-13: 1483296288

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This book is devoted to the econometric analysis of linear multivariate rational expectation models. It shows that the interpretation of multiplicity in terms of "new degrees of freedom" is consistent with a rigorous econometric reasoning. Non-uniqueness is the central theme of this book. Each chapter is concerned with a specific econometric aspect of rational expectations equilibria. The most constructive result lies in the possibility of an empirical determination of the equilibrium followed by the economy.


Book Synopsis The Econometric Analysis of Non-Uniqueness in Rational Expectations Models by : L. Broze

Download or read book The Econometric Analysis of Non-Uniqueness in Rational Expectations Models written by L. Broze and published by Elsevier. This book was released on 2014-06-28 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is devoted to the econometric analysis of linear multivariate rational expectation models. It shows that the interpretation of multiplicity in terms of "new degrees of freedom" is consistent with a rigorous econometric reasoning. Non-uniqueness is the central theme of this book. Each chapter is concerned with a specific econometric aspect of rational expectations equilibria. The most constructive result lies in the possibility of an empirical determination of the equilibrium followed by the economy.


Linear Rational Expectations Models

Linear Rational Expectations Models

Author: Charles H. Whiteman

Publisher: U of Minnesota Press

Published: 1984

Total Pages: 151

ISBN-13: 1452907935

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Book Synopsis Linear Rational Expectations Models by : Charles H. Whiteman

Download or read book Linear Rational Expectations Models written by Charles H. Whiteman and published by U of Minnesota Press. This book was released on 1984 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Estimation of Reduced Forms of Rational Expectation Models and Volcker Deflation

Estimation of Reduced Forms of Rational Expectation Models and Volcker Deflation

Author: University of Western Ontario. Department of Economics

Publisher: London : Department of Economics, University of Western Ontario

Published: 1987

Total Pages: 16

ISBN-13: 9780771408212

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Book Synopsis Estimation of Reduced Forms of Rational Expectation Models and Volcker Deflation by : University of Western Ontario. Department of Economics

Download or read book Estimation of Reduced Forms of Rational Expectation Models and Volcker Deflation written by University of Western Ontario. Department of Economics and published by London : Department of Economics, University of Western Ontario. This book was released on 1987 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Reduced-form Linear Approximations of Large Economic Models with Rational Expectations

Reduced-form Linear Approximations of Large Economic Models with Rational Expectations

Author: N. M. Christodoulakis

Publisher:

Published: 1987

Total Pages: 52

ISBN-13:

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Book Synopsis Reduced-form Linear Approximations of Large Economic Models with Rational Expectations by : N. M. Christodoulakis

Download or read book Reduced-form Linear Approximations of Large Economic Models with Rational Expectations written by N. M. Christodoulakis and published by . This book was released on 1987 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Rational Expectations in Macroeconomic Models

Rational Expectations in Macroeconomic Models

Author: P. Fisher

Publisher: Springer Science & Business Media

Published: 2013-04-17

Total Pages: 215

ISBN-13: 9401580022

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It is commonly believed that macroeconomic models are not useful for policy analysis because they do not take proper account of agents' expectations. Over the last decade, mainstream macroeconomic models in the UK and elsewhere have taken on board the `Rational Expectations Revolution' by explicitly incorporating expectations of the future. In principle, one can perform the same technical exercises on a forward expectations model as on a conventional model -- and more! Rational Expectations in Macroeconomic Models deals with the numerical methods necessary to carry out policy analysis and forecasting with these models. These methods are often passed on by word of mouth or confined to obscure journals. Rational Expectations in Macroeconomic Models brings them together with applications which are interesting in their own right. There is no comparable textbook in the literature. The specific subjects include: (i) solving for model consistent expectations; (ii) the choice of terminal condition and time horizon; (iii) experimental design: i.e., the effect of temporary vs permanent, anticipated vs. unanticipated shocks; deterministic vs. stochastic, dynamic vs. static simulation; (iv) the role of exchange rate; (v) optimal control and inflation-output tradeoffs. The models used are those of the Liverpool Research Group in Macroeconomics, the London Business School and the National Institute of Economic and Social Research.


Book Synopsis Rational Expectations in Macroeconomic Models by : P. Fisher

Download or read book Rational Expectations in Macroeconomic Models written by P. Fisher and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is commonly believed that macroeconomic models are not useful for policy analysis because they do not take proper account of agents' expectations. Over the last decade, mainstream macroeconomic models in the UK and elsewhere have taken on board the `Rational Expectations Revolution' by explicitly incorporating expectations of the future. In principle, one can perform the same technical exercises on a forward expectations model as on a conventional model -- and more! Rational Expectations in Macroeconomic Models deals with the numerical methods necessary to carry out policy analysis and forecasting with these models. These methods are often passed on by word of mouth or confined to obscure journals. Rational Expectations in Macroeconomic Models brings them together with applications which are interesting in their own right. There is no comparable textbook in the literature. The specific subjects include: (i) solving for model consistent expectations; (ii) the choice of terminal condition and time horizon; (iii) experimental design: i.e., the effect of temporary vs permanent, anticipated vs. unanticipated shocks; deterministic vs. stochastic, dynamic vs. static simulation; (iv) the role of exchange rate; (v) optimal control and inflation-output tradeoffs. The models used are those of the Liverpool Research Group in Macroeconomics, the London Business School and the National Institute of Economic and Social Research.


The Rational Expectations Revolution in Macroeconomics

The Rational Expectations Revolution in Macroeconomics

Author: David K. H. Begg

Publisher:

Published: 1982

Total Pages: 312

ISBN-13:

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Book Synopsis The Rational Expectations Revolution in Macroeconomics by : David K. H. Begg

Download or read book The Rational Expectations Revolution in Macroeconomics written by David K. H. Begg and published by . This book was released on 1982 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: