Solution of Multivariate Linear Rational Expectations Models and Large Sparse Linear Systems PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Solution of Multivariate Linear Rational Expectations Models and Large Sparse Linear Systems PDF full book. Access full book title Solution of Multivariate Linear Rational Expectations Models and Large Sparse Linear Systems by Michael Binder. Download full books in PDF and EPUB format.
Author: Michael Binder
Publisher:
ISBN:
Category :
Languages : en
Pages : 14
Get Book Here
Book Description
Author: Michael Binder
Publisher:
ISBN:
Category :
Languages : en
Pages : 14
Get Book Here
Book Description
Author: Michael K. Salemi
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: L. Broze
Publisher: Routledge
ISBN: 1136457739
Category : Business & Economics
Languages : en
Pages : 134
Get Book Here
Book Description
A comprehensive exposition of rational expectations models is provided here, working up from simple univariate models to more sophisticated multivariate and non-linear models.
Author: Giorgio Pauletto
Publisher: Springer Science & Business Media
ISBN: 1475726317
Category : Business & Economics
Languages : en
Pages : 175
Get Book Here
Book Description
This book is the result of my doctoral dissertation research at the Department of Econometrics of the University of Geneva, Switzerland. This research was also partially financed by the Swiss National Science Foundation (grants 12- 31072.91 and 12-40300.94). First and foremost, I wish to express my deepest gratitude to Professor Manfred Gilli, my thesis supervisor, for his constant support and help. I would also like to thank the president of my jury, Professor Fabrizio Carlevaro, as well as the other members of the jury, Professor Andrew Hughes Hallett, Professor Jean-Philippe Vial and Professor Gerhard Wanner. I am grateful to my colleagues and friends of the Departement of Econometrics, especially David Miceli who provided constant help and kind understanding during all the stages of my research. I would also like to thank Pascale Mignon for proofreading my text and im proving my English. Finally, I am greatly indebted to my parents for their kindness and encourage ments without which I could never have achieved my goals. Giorgio Pauletto Department of Econometrics, University of Geneva, Geneva, Switzerland Chapter 1 Introduction The purpose of this book is to present the available methodologies for the solution of large-scale macroeconometric models. This work reviews classical solution methods and introduces more recent techniques, such as parallel com puting and nonstationary iterative algorithms.
Author:
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 700
Get Book Here
Book Description
Author: Enrique Martínez-García
Publisher:
ISBN:
Category :
Languages : en
Pages : 12
Get Book Here
Book Description
This note summarizes the salient derivations of Martínez-García (2018). Specifically, it shows that the solution to a large class of linear rational expectations (LRE) models can be represented in finite-order VAR form. Martínez-García (2018) proposes a unified approach that uses a companion quadratic matrix equation to decouple the backward- and forward-looking parts of the canonical form of the LRE model and a Sylvester equation to pin down the solution and simplify its characterization so it can be expressed as a finite-order VAR.
Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 644
Get Book Here
Book Description
Author: Yap, Alexander Y.
Publisher: IGI Global
ISBN: 1613501633
Category : Computers
Languages : en
Pages : 437
Get Book Here
Book Description
"This book offers focused research on the systems and technologies that provide intelligence and expertise to traders and investors and facilitate the agile ordering processes, networking, and regulation of global financial electronic markets"--Provided by publisher.
Author: Charles Whiteman
Publisher:
ISBN: 9780816669516
Category : Economics
Languages : en
Pages : 0
Get Book Here
Book Description
Linear Rational Expectations Models was first published in 1983.The assumption that agents respond rationally to changes in their economic environment introduces complicated restrictions among equations of the economic model. So far, the technical problems created by those restrictions have made building a rational expectations model of the economy an awkward and difficult task. Here Charles H. Whiteman analyzes a variety of methods that have been proposed for solving those equation systems and offers a new and simpler technique.
Author: Michael Mussa
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 38
Get Book Here
Book Description
Using variants of a modified version of Dornbusch's model of price level and exchange rate dynamics, it is demonstrated that satisfaction of the formal condition for existence of a unigue non-explosive solution of a linear rational expectations model with forward and backward looking dynamic processes (equality of the number of stable roots with the number of independent backward looking processes) does not guarantee the economic sensibility of this solution, even if one accepts the usual arguments for excluding "speculative babbles" from the solutions of such models. Moreover, satisfaction of the formal condition for existence of an infinity of non-explosive solutions for such rational expectations models (more stable roots than independent backward looking processes) does not assure that any of these solutions is economically sensible.
