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Erwartung 1 Lineare Gleichung 1 Lösungs <Mathematik> 1
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Book / Working Paper 1
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English 1
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Meyer-Gohde, Alexander 1
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Sonderforschungsbereich Ökonomisches Risiko <Berlin> 1
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Diskussionspapier 1 Sonderforschungsbereich 649: Ökonomisches Risiko - Diskussionspapiere 1
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USB Cologne (business full texts) 1
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Solving Linear Rational Expectations Models with Lagged Expectations Quickly and Easily
Meyer-Gohde, Alexander - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2007
A solution method is derived in this paper for solving a system of linear rationalexpectations equation with lagged expectations (e.g., models incorporating sticky information) using the method of undetermined coefficients for the infinite MA representation. The method applies a combination of a...
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