On the relationship between determinate and MSV solutions in linear RE models

DOI10.1016/j.econlet.2004.01.001zbMath1254.93106OpenAlexW2087820137MaRDI QIDQ1927529

Bennett T. McCallum

Publication date: 1 January 2013

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

Full work available at URL: http://www.nber.org/papers/t0297.pdf

zbMATH Keywords

rational expectationsmultiple solutionsindeterminacy

Mathematics Subject Classification ID

Discrete-time control/observation systems (93C55) Economic growth models (91B62)

Related Items (5)

Learning in linear models with expectational leads ⋮ Learnability of an equilibrium with private information ⋮ The forward method as a solution refinement in rational expectations models ⋮ E-stability vis-a-vis determinacy results for a broad class of linear rational expectations models ⋮ Heterogeneity and misspecifications in learning

Uses Software

• Uhlig Toolkit

Cites Work

• Solutions to linear rational expectations models: a compact exposition
• The Solution of Linear Difference Models under Rational Expectations
• DYNAMIC EQUIVALENCE PRINCIPLE IN LINEAR RATIONAL EXPECTATIONS MODELS
• UNIQUENESS OF BUBBLE-FREE SOLUTION IN LINEAR RATIONAL EXPECTATIONS MODELS

This page was built for publication: On the relationship between determinate and MSV solutions in linear RE models