The appropriate characterizations of rational expectations solutions in one-limit and two-limit models are derived. We prove the existence and uniqueness of the rational expectations solution for each model. Our analysis is general without imposing serial independence and the parametric distributional assumption.Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/31276/1/0000182.pd
The stability of the rational expectations equilibrium of a simple asset market model is studied in ...
This thesis examines certain key problems that the existence of forward rational expectations poses ...
After some historical discussion of the rational expectations (RE) solution procedures of John Muth,...
This paper develops a Limited-Dependent Rational Expectations (LD-RE) model where the bounds can be ...
AbstractWe present, in this paper, an alternative, optimization based formulation for “forward looki...
SIGLEAvailable from British Library Document Supply Centre- DSC:3509.88(CU-DAE-WP--9318) / BLDSC - B...
This thesis consists of four essays on the definition, existence and properties of rational expectat...
In this chapter, we present theoretical foundations of main methods solving rational expectations mo...
This paper examines conditions for the uniqueness of an equilibrium price distribution in stochastic...
This paper provides an alternative to the theory of rational expectations (RE). Its central idea is ...
A central problem of rational expectations equilibrium (REE) theory is that a REE may fail to exist...
This paper disputes what Blanchard and Kahn have reported as the solution of linear rational expect...
Assuming that the solutions of a set of restrictions on the rational expectations of future values c...
In this paper, we build a new test of rational expectations based on the marginal distributions of r...
This paper examines five examples of rational expectations models with a continuum of convergent sol...
The stability of the rational expectations equilibrium of a simple asset market model is studied in ...
This thesis examines certain key problems that the existence of forward rational expectations poses ...
After some historical discussion of the rational expectations (RE) solution procedures of John Muth,...
This paper develops a Limited-Dependent Rational Expectations (LD-RE) model where the bounds can be ...
AbstractWe present, in this paper, an alternative, optimization based formulation for “forward looki...
SIGLEAvailable from British Library Document Supply Centre- DSC:3509.88(CU-DAE-WP--9318) / BLDSC - B...
This thesis consists of four essays on the definition, existence and properties of rational expectat...
In this chapter, we present theoretical foundations of main methods solving rational expectations mo...
This paper examines conditions for the uniqueness of an equilibrium price distribution in stochastic...
This paper provides an alternative to the theory of rational expectations (RE). Its central idea is ...
A central problem of rational expectations equilibrium (REE) theory is that a REE may fail to exist...
This paper disputes what Blanchard and Kahn have reported as the solution of linear rational expect...
Assuming that the solutions of a set of restrictions on the rational expectations of future values c...
In this paper, we build a new test of rational expectations based on the marginal distributions of r...
This paper examines five examples of rational expectations models with a continuum of convergent sol...
The stability of the rational expectations equilibrium of a simple asset market model is studied in ...
This thesis examines certain key problems that the existence of forward rational expectations poses ...
After some historical discussion of the rational expectations (RE) solution procedures of John Muth,...