THE SOLUTION OF TIME-VARYING LINEAR RATIONAL-EXPECTATIONS MODELS AND THE ROLE OF TERMINAL CONDITIONS

被引:2
|
作者
BLAKE, AP
机构
[1] University of Cambridge, Cambridge
关键词
D O I
10.1016/0165-1765(90)90013-Q
中图分类号
F [经济];
学科分类号
02 ;
摘要
An analytic solution is given to a class of linear rational expectations models with time-varying coefficients. It makes explicit the importance of terminal conditions in linear rational expectations models with implications for the solution of nonlinear models. © 1990.
引用
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页码:265 / 269
页数:5
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