; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "A Generalized Variance Bounds Test"; ; "batchuser@example.com"; "Kollintzas, Tryphon, 1953-"; "Federal Reserve Bank of Minneapolis"; "Inventory", "Macroeconomics", "Overlapping generations models"; "E22 - Investment; Capital; Intangible Capital; Capacity", "C52 - Model Evaluation, Validation, and Selection"; "This paper derives a variance bounds test for a broad class of linear rational expectations models. According to this test if observed data accords with the model, then a weighted sum of autocovariances of the covariance-stationary components of the endogenous state variables should be nonnegative. The new test reinterprets its forefather - West's [1986] variance bounds test - and extends its applicability by not requiring exogenous state variables in order to be tested. The possibility of the test's application to nonlinear models is also discussed."^^; "1987-06"; "2018-03-13T20:47:24.373541244+00:00"^^; "https://doi.org/10.21034/wp.352"; ; "19880200fedmsr113"; "https://creativecommons.org/licenses/by-nc/4.0/"; "2020-05-08T21:08:59.03921482+00:00"^^; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "412"; "Working paper (Federal Reserve Bank of Minneapolis. Research Department)"; "352"; "Overlapping generations models", "Inventory", "Macroeconomics"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Research Department"; "[Staff Report 113: _A Generalized Variance Bounds Test_](https://doi.org/10.21034/sr.113)"^^; ; "Publication" . ; .