This paper Hatcher (2022, JEDC) extends the recursive solution method for linear rational expectations models subject to anticipated structural changes in Kulish and Pagan (2017, Journal of Applied Econometrics) to deal with delayed announcement to a fraction of agents; imperfect credibility of policy reforms; and cases where the terminal solution is indeterminate. The extensions in the paper are complemented by analytical examples, numerical applications and codes.
generated from MCHatcher/RE_solutions_structural_change_OLD
-
Notifications
You must be signed in to change notification settings - Fork 1
MCHatcher/Rational-expectations-solutions-structural-change
This commit does not belong to any branch on this repository, and may belong to a fork outside of the repository.
Folders and files
Name | Name | Last commit message | Last commit date | |
---|---|---|---|---|
Repository files navigation
About
Rational expectations solutions under structural change (Hatcher 2022, JEDC)
Topics
Resources
Stars
Watchers
Forks
Releases
No releases published