Rational macroeconomic learning in linear expectational models: an analysis of the convergence properties of macroeconomic models under partial information rational expectations and Bayesian learning
The partial information rational expectations solution to a general linear multivariate expectational macro-model is found when agents are uncertain about the true values of the model's parameters. Necessary and sufficient conditions for convergence to the full information rational expectations...
| المؤلف الرئيسي: | |
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| مؤلفون آخرون: | |
| التنسيق: | أطروحة |
| اللغة: | English |
| منشور في: |
2008
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| الموضوعات: |