Procedures for Solving and Estimating a Class of Hierarchical Linear Rational Expectations Models

Público
Creator Series Issue number
  • 261
Date Created
  • 1984-08
Abstract
  • A method is presented for solving a certain class of hierarchical rational expectations models, principally models that arise from Stackelberg dynamic games. The method allows for numerical solution using spectral factorization algorithms, and estimation of these models using standard maximum likelihood techniques.

Subject (JEL) Palavra-chave Date Modified
  • 07/12/2019
Corporate Author
  • Federal Reserve Bank of Minneapolis. Research Department
Publisher
  • Federal Reserve Bank of Minneapolis
Resource type
License

Relações

Em Collection:
Última modificação

Conteúdo disponível para baixar

Baixar PDF

Zipped Files

Download a zip file that contains all the files in this work.

Itens