Solving endogenous regime switching models

DOI10.1016/j.jedc.2017.01.011zbMath1401.91308OpenAlexW2585599507MaRDI QIDQ1655641

Magali Marx, Jean Barthélemy

Publication date: 9 August 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://spire.sciencespo.fr/hdl:/2441/644vfdaim38frrvbit4u0bh0ha

zbMATH Keywords

regime switchingperturbation methodsindeterminacyrational expectations models

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Stochastic models in economics (91B70) Macroeconomic theory (monetary models, models of taxation) (91B64) Applications of Markov chains and discrete-time Markov processes on general state spaces (social mobility, learning theory, industrial processes, etc.) (60J20)

Related Items (5)

LEARNING ABOUT REGIME CHANGE ⋮ Monetary policy switching and indeterminacy ⋮ Determinacy and classification of Markov-switching rational expectations models ⋮ Origins of monetary policy shifts: a new approach to regime switching in DSGE models ⋮ Time-varying rational expectations models

Uses Software

• Dynare

Cites Work

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