The forward method as a solution refinement in rational expectations models

DOI10.1016/j.jedc.2010.09.007zbMath1232.91511OpenAlexW3124586043MaRDI QIDQ621263

Antonio Moreno, Seong-Hoon Cho

Publication date: 2 February 2011

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2010.09.007

zbMATH Keywords

rational expectationsforward methodforward solutionno-bubble condition

Mathematics Subject Classification ID

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

Related Items (5)

Solving linear rational expectations models in the presence of structural change: some extensions ⋮ Determinacy and classification of Markov-switching rational expectations models ⋮ Solvability of perturbation solutions in DSGE models ⋮ Liquidity traps in a world economy ⋮ Capital flows and the business cycle

Uses Software

• Uhlig Toolkit
• Gensys

Cites Work

• Another weakness of ``determinacy as a selection criterion for rational expectations models
• Real business cycles and the animal spirits hypothesis
• Using the generalized Schur form to solve a multivariate linear rational expectations model
• Solving linear rational expectations models
• On the relationship between determinate and MSV solutions in linear RE models
• The Solution of Linear Difference Models under Rational Expectations
• International Fiscal Policy Coordination and Economic Growth

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