Solution algorithm to a class of monetary rational equilibrium macromodels with optimal monetary policy design

DOI10.1007/s10614-007-9114-2zbMath1136.91537OpenAlexW2023665707WikidataQ115147078 ScholiaQ115147078MaRDI QIDQ928147

Frank Hespeler

Publication date: 11 June 2008

Published in: Computational Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10614-007-9114-2

zbMATH Keywords

\(n\)-th order difference equation structural modelMultivariate rational equilibrium modelsTimeless perspective of optimal monetary policy

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Macroeconomic theory (monetary models, models of taxation) (91B64)

Related Items

Increasing returns and unsynchronized wage adjustment in sunspot models of the business cycle ⋮ DOES NEAR‐RATIONALITY MATTER IN FIRST‐ORDER APPROXIMATE SOLUTIONS? A PERTURBATION APPROACH ⋮ A correction of misstated equations in Hespeler (2008)

Uses Software

• Uhlig Toolkit
• Gensys

Cites Work

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