Spectral utility, Wiener-Hopf techniques, and rational expectations
type: Item
instance of: scholarly article
title: Spectral utility, Wiener-Hopf techniques, and rational expectations
zbMATH Open document ID: 0655.90012
DOI: 10.1016/0165-1889(85)90005-3
author: Charles H. Whiteman
publication date: 1985-01-01T00:00:00Z
review text: Purely classical, frequency-domain methods are useful for solving linear- quadratic dynamic rational expectations models. To illustrate this, generic scalar and multiple-variable problems are solved completely in the frequency domain. The procedure, which utilizes Wiener-Hopf methods to maximize the frequency-domain representation of the objective functions, makes ordinarily troublesome second-order conditions transparent, allows infinite-order costs of adjustment, and handles moving average errors easily.
Mathematics Subject Classification ID: 91B62
Mathematics Subject Classification ID: 91B16
zbMATH DE Number: 4070591
zbMATH Keywords: frequency-domain methods
zbMATH Keywords: linear-quadratic dynamic rational expectations models
zbMATH Keywords: Wiener-Hopf methods
MaRDI profile type: Publication
full work available at URL: 0165-1889(85)90005-3
OpenAlex ID: W2021710611
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published in: Journal of Economic Dynamics and Control
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description: scientific article; zbMATH DE number 4070591