An Exact Transformation Matrix for Use with Rational Expectations Models with MA(1) Composite Disturbances.

This paper introduces an exact transformation matrix useful for estimating single equations from a rational expectations simultaneous model with MA(1) composite disturbances by means of instrumental variables techniques. An illustrative example is provided. Copyright 1990 by Blackwell Publishing Ltd

MoreLess

Year of publication:	1990
Authors:	Power, Simon
Published in:	Oxford Bulletin of Economics and Statistics. - Department of Economics, ISSN 0305-9049. - Vol. 52.1990, 1, p. 89-94
Publisher:	Department of Economics

More details

Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005186883