Linear quadratic optimization for models with rational expectations

Hans M. Amman and David A. Kendrick

In this paper we present a method for using rational expectations in a linear-quadratic optimizationframework. Following the approach put forward by Sims, we solve the model through a QZdecomposition, which is generally easier to implement than the more widely used method of Blanchardand Kahn.

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Year of publication:	1997
Authors:	Amman, Hans M. ; Kendrick, David A.
Publisher:	Rotterdam [u.a.] : Tinbergen Inst.
Subject:	Macroeconomics \| Rational Expectations \| stochastic optimization \| numerical experiments \| Rationale Erwartung \| Rational expectations \| Theorie \| Theory \| Nichtlineare Optimierung \| Nonlinear programming \| Mathematische Optimierung \| Mathematical programming \| Stochastischer Prozess \| Stochastic process

Extent:	Online-Ressource (11 S.)
Series:	Discussion paper / Tinbergen Institute. - Rotterdam [u.a.] : [Verlag nicht ermittelbar], ISSN 0929-0834, ZDB-ID 2435783-2. - Vol. 1997,102
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/85698 [Handle]
Classification:	C63 - Computational Techniques ; E61 - Policy Objectives; Policy Designs and Consistency; Policy Coordination
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://ebvufind01.dmz1.zbw.eu/10010361657