Part I: Representative Agent Models: Basic Models -- Perturbation Methods: Framework and Tools -- Perturbation Methods: Solutions -- Perturbation Methods: Model Evaluation and Applications -- Weighted Residuals Methods -- Simulation-Based Methods -- Discrete State Space Value Function Iteration...

This paper addresses the issue of what path for the economy a policymaker can implement as the unique local equilibrium, given her observation set. I consider a broad class of locally linearizable dynamic stochastic discrete-time infinite-horizon rational-expectations models, which includes most...