Rational Expectation Hypothesis : An Application of the Blanchard and Khan Approach

This paper uses the solution of the linear difference model under rational expectation of Blanchard and Kahn (1980) to test the validity of the inflation stickiness and the Rational Expectattion Hypotheses for the Brazilian economy during the period frm 06/95 to 09/02. Using the Fuhrer - Moore model and GMM we find evidence favoring both hypothesis

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Year of publication:	2012
Authors:	Almeida, Charles Lima
Other Persons:	Moreira, Tito Belchior Silva (contributor) ; Souza, Geraldo Silva (contributor)
Publisher:	[2012]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| Rationale Erwartung \| Rational expectations

Extent:	1 Online-Ressource (10 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economics Bulletin, Vol.3, No. 22, pp. 1-9, 2004 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 15, 2009 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013116982