Stochastic policy design in a learning environment with rational expectations.

DOI10.1023/A:1004620021587zbMath1054.90050MaRDI QIDQ1586794

Hans M. Amman, David A. Kendrick

Publication date: 2000

Published in: Journal of Optimization Theory and Applications (Search for Journal in Brave)

zbMATH Keywords

stochastic optimizationlearningrational expectationsmacroeconomics

Mathematics Subject Classification ID

Stochastic programming (90C15) Optimal stochastic control (93E20)

Related Items

A classification system for economic stochastic control models ⋮ Optimal control of nonlinear dynamic econometric models: an algorithm and an application ⋮ Mitigation of the Lucas critique with stochastic control methods ⋮ Stochastic control for economic models: past, present and the paths ahead

Uses Software

• Uhlig Toolkit

Cites Work

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• An Algorithm for Generalized Matrix Eigenvalue Problems