Search Results - subject:"Rational Expectations Models"

A Note on the Uniqueness of Solutions to Rational Expectations Models

Heiberger, Christopher; Klarl, Torben; Maussner, Alfred - Institut für Volkswirschaftlehre, Fakultät für … - 2012

Klein (2000) advocates the use of the Schur decomposition of a matrix pencil o solve linear rational expectations (RE) models. Meanwhile his algorithm has ecome a center piece in several computer codes that provide approximate olutions to (non-linear) dynamic stochastic general equilibrium...

Persistent link: https://www.econbiz.de/10010593734

A note on the uniqueness of solutions to rational expectations models

Heiberger, Christopher; Klarl, Torben; Maußner, Alfred - 2012

Klein (2000) advocates the use of the Schur decomposition of a matrix pencil to solve linear rational expectations (RE) models. Meanwhile his algorithm has become a center piece in several computer codes that provide approximate solutions to (non-linear) dynamic stochastic general equilibrium...

Persistent link: https://www.econbiz.de/10010239759

A note on the uniqueness of solutions to rational expectations models

Heiberger, Christopher; Klarl, Torben; Maußner, Alfred - 2012

Persistent link: https://www.econbiz.de/10010332644

The long-run Taylor principle revisited

Hayashi, Fumio - In: Economics letters 161 (2017), pp. 24-26

Persistent link: https://www.econbiz.de/10011903840

Time-varying rational expectations models : solutions, stability, numerical implementation

Neusser, Klaus - 2017

While rational expectations models with time-varying (random) coefficients have gained some esteem, the understanding … to solve and analyze the stability of rational expectations models with time-varying (random) coefficients. This theory …

Persistent link: https://www.econbiz.de/10011713693

Solving endogenous regime switching models

Barthélémy, Jean; Marx, Magali - In: Journal of economic dynamics & control 77 (2017), pp. 1-25

Persistent link: https://www.econbiz.de/10011817419

Solving forward-looking models of cross-country adjustment within the euro area

Torój, Andrzej - Ministerstwo Finansów, Government of Poland - 2009

This paper generalizes the standard methods of solving rational expectations models to the case of time …

Persistent link: https://www.econbiz.de/10010991568

Solving forward-looking models of cross-country adjustment within the euro area

Torój, Andrzej - Ministerstwo Finansów, Government of Poland - 2009

This paper generalizes the standard methods of solving rational expectations models to the case of time …

Persistent link: https://www.econbiz.de/10010991575

Solving Forward-Looking Models of Cross-Country Adjustment within the Euro Area

Torój, Andrzej - In: Central European Journal of Economic Modelling and … 1 (2009) 3, pp. 211-241

This article introduces and applies two refinements to the algorithm of solving rational expectations models of a … currency union. Firstly, building upon Klein (2000), it generalizes the standard methods of solving rational expectations … models to the case of time-varying nonstochastic parameters, recurring in a finite cycle. Such a specification occurs in a …

Persistent link: https://www.econbiz.de/10008468131

On the uniqueness of solutions to rational expectations models

Heiberger, Christopher; Klarl, Torben; Maußner, Alfred - In: Economics Letters 128 (2015) C, pp. 14-16

Klein (2000) advocates the use of the Schur decomposition of a matrix pencil to solve linear rational expectations … models. Meanwhile his algorithm has become a center piece in several computer codes that provide approximate solutions to …

Persistent link: https://www.econbiz.de/10011208465