Another weakness of ``determinacy as a selection criterion for rational expectations models

DOI10.1016/J.ECONLET.2009.03.005zbMath1178.91125OpenAlexW2092192089MaRDI QIDQ1046199

Bennett T. McCallum, Seong-Hoon Cho

Publication date: 21 December 2009

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2009.03.005

zbMATH Keywords

stabilityrational expectationsdeterminacy

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Multisectoral models in economics (91B66)

Related Items (1)

The forward method as a solution refinement in rational expectations models

Cites Work

• E-stability vis-a-vis determinacy results for a broad class of linear rational expectations models
• Using the generalized Schur form to solve a multivariate linear rational expectations model
• The Solution of Linear Difference Models under Rational Expectations

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