News shocks or parametric indeterminacy? an observational equivalence result in linear rational expectations models

DOI10.1016/J.ECONLET.2011.09.028zbMath1242.91113OpenAlexW2095407959MaRDI QIDQ435790

Marco M. Sorge

Publication date: 12 July 2012

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

Full work available at URL: https://doi.org/10.1016/j.econlet.2011.09.028

zbMATH Keywords

rational expectationsobservational equivalencenews shocksparametric indeterminacy

Mathematics Subject Classification ID

Economic time series analysis (91B84) Dynamic stochastic general equilibrium theory (91B51)

Related Items (1)

Arbitrary initial conditions and the dimension of indeterminacy in linear rational expectations models

Cites Work

• On the dynamic implications of news shocks
• Identification of rational expectations models
• WHAT WE DON'T KNOW ABOUT THE MONETARY TRANSMISSION MECHANISM AND WHY WE DON'T KNOW IT
• Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve
• Identification in Parametric Models
• Unnamed Item

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