Linear Rational Expectations Models: A User’s Guide

Linear Rational Expectations Models: A User’s Guide by Charles Whiteman epub pdf fb2

Title: Linear Rational Expectations Models: A User’s Guide
Author: Charles Whiteman
ISBN10: 0816669511
ISBN13: 978-0816669516
Publisher: Univ Of Minnesota Press; MINNE edition (April 22, 1983)
Language: English
Subcategory: Economics
Size PDF: 1548 kb
Size Fb2: 1692 kb
Rating: 4.7/5
Votes: 265
Pages: 152 pages
Other Format: lit mbr lrf azw

Linear Rational Expectations Models: A User’s Guide by Charles Whiteman


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Linear Rational Expectations Models was first published in 1983.The assumption that agents respond rationally to changes in their economic environment introduces complicated restrictions among equations of the economic model. So far, the technical problems created by those restrictions have made building a rational expectations model of the economy an awkward and difficult task. Here Charles H. Whiteman analyzes a variety of methods that have been proposed for solving those equation systems and offers a new and simpler technique.