Linear rational-expectations models (LREMs) are conventionally "forwardly" estimated as follows. Structural coefficients are restricted by economic restrictions in terms of deep parameters. For given deep parameters, structural equations are solved for "rational-expectations solution" (RES)...

Linear rational-expectations models (LREMs) are usually "forwardly" estimated. Structural coefficients are restricted in terms of deep parameters. For given deep parameters, structural equations are solved for rational-expectations solution (RES) eqs. that determine endogenous variables. For...

Linear rational-expectations models (LREMs) are conventionally "forwardly" estimated as follows. Structural coefficients are restricted by economic restrictions in terms of deep parameters. For given deep parameters, structural equations are solved for "rational-expectations solution" (RES)...

Linear rational-expectations models (LREMs) are usually "forwardly" estimated. Structural coefficients are restricted in terms of deep parameters. For given deep parameters, structural equations are solved for rational-expectations solution (RES) eqs. that determine endogenous variables. For...