Econometrica Vol. 50 No. 2 1982
Rational Expectations in Dynamic Linear Models: Analysis of the Solutions
Abstract
In this paper we analyze the solutions of linear econometric models with rational expectations. More precisely, we describe in detail the set of all the solutions; in particular this set is shown to be much larger than the sets previously considered. We also study various criteria of selection in this set of solutions and we examine to what extent these criteria redtiuce the set of the solutions.
- DOI
- 10.2307/1912635
- Volume
- 50
- Issue
- 2
- Pages
- 409
- Sources
- bibtex:phds-export.bib crossref openalex