Higher Order Approximations of Indeterminacy

This paper lays out an algorithm that computes accurate second order solutions for dynamic stochastic general equilibrium models that are subject to indeterminacy of rational expectations.

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Year of publication:	2007
Authors:	Weder, Mark
Institutions:	School of Economics, University of Adelaide
Subject:	sunspot equilibria \| second order approximation methods

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Extent:	application/pdf
Series:	School of Economics Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 2007-03 8 pages
Classification:	E2 - Consumption, Saving, Production, Employment, and Investment
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008568468