Present value models with feedback

DOI10.1016/0165-1889(94)90049-3zbMATH Open0875.90097OpenAlexW1536425662MaRDI QIDQ671895FDOQ671895

Authors: Allan Timmermann 

Publication date: 27 February 1997

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

Full work available at URL: https://doi.org/10.1016/0165-1889(94)90049-3

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zbMATH Keywords

FeedbackMultiple equilibriaRational expectations

Mathematics Subject Classification ID

Economic growth models (91B62)

Cites Work

• A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix
• Title not available (Why is that?)
• The Present-Value Relation: Tests Based on Implied Variance Bounds
• Identification of rational expectations models
• Title not available (Why is that?)
• A Complete Characterization of ARMA Solutions to Linear Rational Expectations Models
• The structure of ARMA solutions to a general linear model with rational expectations
• Rational Expectations in Dynamic Linear Models: Analysis of the Solutions

Cited In (5)

• Switching equilibria: the present value model for stock prices revisited
• Present value models with feedback. Solutions, stability, bubbles, and some empirical evidence
• Learning, Structural Instability, and Present Value Calculations
• A dynamic net present value rule in a financial adjustment cost model
• Reconsideration of the present value method

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