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This paper examines conditions for the uniqueness of an equilibrium price distribution in stochastic macroeconomic models with rational expectations. A model is developed in which many price distrib...
Econometric Models of Criminal Behavior: A Review.
Estimation and Solution of Linear Rational Expectations Models Using a Polynomial Matrix Factorization.
During the last 15 years econometric techniques for evaluating macroeconomic policy using dynamic stochastic models in which expectations are consistent, or rational, have been developed extensively...
The purpose of this paper is to investigate the feasibility of using the extended path method - described in Fair and Taylor [ 23 - to solve capital asset pricing. This method is now being used rat...
A computationally feasible method for the full information maximum-likelihood estimation of models with rational expectations is described in this paper. The stochastic simulation of such models is a...
In the first step, the policy functions and the law of motion for the state variables are estimated. In the second step, the remaining structural parameters are estimated using the optimality ...
上海财经大学经济学院高级宏观经济学课件ILecture 10 Models with Overlapping Generations (Continued).
上海财经大学经济学院高级宏观经济学课件ILecture 9 Models with Overlapping Generations.

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