Title of article
Computing the steady state of linear quadratic optimization models with rational expectations
Author/Authors
Hans M. Amman، نويسنده , , David A. Kendrick، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1998
Pages
7
From page
185
To page
191
Abstract
In this paper we present a simple algorithm for computing the steady state of the Linear–Quadratic control model with rational expectations. The method uses Simsʹ approach for solving rational expectations models first, and then solves the steady state through an iterative scheme
Keywords
Macroeconomics , Rational Expectations: Stochastic Optimization: Computational Economics
Journal title
Economics Letters
Serial Year
1998
Journal title
Economics Letters
Record number
434492
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