On the uniqueness of solutions to rational expectations models

DOI10.1016/J.ECONLET.2014.12.025MaRDI QIDQ498852zbMATH OpenOpenAlexFDO

Authors Christopher Heiberger, Torben Klarl, Alfred Maußner

Publication date 29 September 2015

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2014.12.025

zbMATH Keywords

DSGE modelslinear rational expectations modelsSchur decomposition

Mathematics Subject Classification ID

Matrix pencils (15A22) Fundamental topics (basic mathematics, methodology; applicable to economics in general) (91B02) Dynamic stochastic general equilibrium theory (91B51)

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Cites work

• Comparing solution methods for dynamic equilibrium economies
• COMPUTATION OF BUSINESS CYCLE MODELS: A COMPARISON OF NUMERICAL METHODS
• scientific article; zbMATH DE number 961607 (Why is no real title available?)
• On the uniqueness of solutions to rational expectations models
• Second-order approximation of dynamic models without the use of tensors
• Solving dynamic general equilibrium models using a second-order approximation to the policy function
• The Solution of Linear Difference Models under Rational Expectations
• Using the generalized Schur form to solve a multivariate linear rational expectations model

Cited in

(2)

• Using the generalized Schur form to solve a multivariate linear rational expectations model
• On the uniqueness of solutions to rational expectations models

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