Linear Quadratic Optimization for Models with Rational Expectations

In this paper we present a method for using rational expectations in a linear-quadratic optimization framework. Following the approach put forward by Sims, we solve the model through a QZ decomposition, which is generally easier to implement than the more widely used method of Blanchard and Kahn.

MoreLess

Year of publication:	1997-10-09
Authors:	Amman, Hans M. ; Kendrick, David A.
Institutions:	Tinbergen Institute

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	Tinbergen Institute Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Tinbergen Institute Discussion Papers Number 97-102/2
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005450738