Title of article :
Solutions to linear rational expectations models: a compact exposition
Author/Authors :
Bennett T. McCallum، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1998
Abstract :
An elementary exposition is presented of a convenient and practical solution procedure for a broad class of linear rational expectations models. The undetermined-coefficient approach utilized keeps the mathematics very simple and permits consideration of alternative solution criteria.
Keywords :
RATIONAL EXPECTATIONS , Multiple solutions , Generalized Schur , Undetermined coefficients , Solution procedures
Journal title :
Economics Letters
Journal title :
Economics Letters