Graziani, Carlo; Almansa, Andrés - In: Estudios Económicos 13 (1998) 1, pp. 35-56
This work presents a procedure to simulate continuous linear models with perfect foresight and histeresis. The procedure, which constitutes the basis of the LPFH algorithm, is based on a generalization of the standard structural form introduced by Austin and Buiter (1982) and Buiter (1984), and...