Boucekkine, Raouf; Van, Cuong Le; Schubert, Katheline - Society for Computational Economics - SCE
In this paper we prove that every linear model with rational expectations can be transformed by means of an one-to-one mapping into another model which has one of the following properties: i) it is degenerated, ii) it is backward, iii) it has a Blanchard-Kahn form. In addition to some simple...