Roles of the Minimal State Variable Criterion in Rational Expectations Models

Roles of the Minimal State Variable Criterion in Rational Expectations Models
Author: Bennett T. McCallum
Publisher:
Total Pages: 50
Release: 1999
Genre: Monetary policy
ISBN:


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Roles of the Minimal State Variable Criterion in Rational Expectations Models
Language: en
Pages: 50
Authors: Bennett T. McCallum
Categories: Monetary policy
Type: BOOK - Published: 1999 - Publisher:

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Role of the Minimal State Variable Criterion
Language: en
Pages:
Authors: Bennett T. McCallum
Categories:
Type: BOOK - Published: 2000 - Publisher:

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This paper concerns the minimal-state-variable (MSV) criterion for selection among solutions in rational expectations (RE) models that feature a multiplicity of
Assessing Rational Expectations 2
Language: en
Pages: 498
Authors: Roger Guesnerie
Categories: Business & Economics
Type: BOOK - Published: 2005-02-18 - Publisher: MIT Press

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A theoretical assessment of the Rational Expectations Hypothesis through subjecting a collection of economic models to an "eductive stability" test. The rationa
Linear Rational Expectations Models
Language: en
Pages: 151
Authors: Charles H. Whiteman
Categories: Business & Economics
Type: BOOK - Published: 1984 - Publisher: U of Minnesota Press

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On Non-uniqueness in Rational Expectations Models
Language: en
Pages: 66
Authors: Bennett T. McCallum
Categories: Econometrics
Type: BOOK - Published: 1981 - Publisher:

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Many macroeconomic models involving rational expect at ions give rise to an infinity of solution paths, even when the models are linear in all variables. Some w