Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10013171177
Persistent link: https://www.econbiz.de/10012807331
In a broad class of non-linear representative agent models, represented by a system of difference equations, we replace rational expectations with linear forecast models conditioning on a predetermined set of regressors. Within this framework, a {\em restricted perceptions equilibrium} (RPE)...
Persistent link: https://www.econbiz.de/10013312586
Persistent link: https://www.econbiz.de/10013539514