Dynamic Instability in Rational Expectations Models: An Attempt to Clarify

DOI10.2307/2648870MaRDI QIDQ3332701zbMATH OpenOpenAlexFDO

Authors Jo Anna Gray

Publication date 1984

Published in International Economic Review (Search for Journal in Brave)

Full work available at URL http://www.federalreserve.gov/pubs/ifdp/1982/197/ifdp197.pdf

zbMATH Keywords

rational expectationsdynamic instabilityintertemporal allocation of resources

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

Recommendations

• Rational bubbles and expectation-driven fluctuations
• Rational expectations and the theory of aggregate investment
• On the solutions in rational expectations models
• On rational exuberance
• Stationary bubble equilibria in rational expectation models

Cited in

(10)

• Inflation tax and money essentiality
• Stability of tâtonnement processes of short period equilibria with rational expectations
• Chaotic dynamics in a cash-in-advance economy
• DEFLATIONARY BUBBLES
• ASSET PRICE BUBBLES, LIQUIDITY PREFERENCE AND THE BUSINESS CYCLE
• scientific article; zbMATH DE number 2238177 (Why is no real title available?)
• Monetary policy and price level determinacy in a cash-in-advance economy
• Expectational Stability and the Multiple Equilibria Problem in Linear Rational Expectations Models
• Ruling out Pareto dominated monetary equilibria
• Rational expectations and the theory of aggregate investment

This page was built for publication: Dynamic Instability in Rational Expectations Models: An Attempt to Clarify

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q3332701)