Does a unique solution exist for a nonlinear rational expectation equation with zero lower bound?

DOI10.1007/S10690-019-09293-1zbMATH Open1454.91141OpenAlexW2987132484MaRDI QIDQ2216397FDOQ2216397

Authors: Takashi Tamura 

Publication date: 15 December 2020

Published in: Asia-Pacific Financial Markets (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10690-019-09293-1

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zbMATH Keywords

Lyapunov functionsfunctional equationnonlinear rational expectation modelzero lower bound on interest rates

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

• Solving linear rational expectations models
• Title not available (Why is that?)
• Probability. Theory and examples.
• Calculating and using second-order accurate solutions of discrete time dynamic equilibrium models
• The Solution of Linear Difference Models under Rational Expectations
• Using the generalized Schur form to solve a multivariate linear rational expectations model
• The perils of Taylor rules
• Solving dynamic general equilibrium models using a second-order approximation to the policy function
• Solving DSGE models with a nonlinear moving average

Uses Software

• Gensys

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