Winding number criterion for existence and uniqueness of equilibrium in linear rational expectations models

DOI10.1016/J.JEDC.2005.02.001MaRDI QIDQ956505zbMATH OpenOpenAlexFDO

Authors Alexei Onatski

Publication date 25 November 2008

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

Full work available at URL https://doi.org/10.1016/j.jedc.2005.02.001

zbMATH Keywords

equilibriumwinding numberlinear rational expectations models

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) General equilibrium theory (91B50)

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Cites work

• scientific article; zbMATH DE number 3854249 (Why is no real title available?)
• scientific article; zbMATH DE number 3181511 (Why is no real title available?)
• scientific article; zbMATH DE number 1790588 (Why is no real title available?)
• A linear algebraic procedure for solving linear perfect foresight models
• An eigenvalue method of undetermined coefficients for solving linear rational expectations models
• Factorization indices for matrix polynomials
• Factorization of matrix functions and singular integral operators
• Robust monetary policy with misspecified models: Does model uncertainty always call for attenuated policy?
• Solutions to linear rational expectations models: a compact exposition
• Solving linear rational expectations models
• Systems of integral equations on a half line with kernels depending on the difference of arguments
• The Solution of Linear Difference Models under Rational Expectations
• Using the generalized Schur form to solve a multivariate linear rational expectations model

Cited in

(10)

• Solution algorithm to a class of monetary rational equilibrium macromodels with optimal monetary policy design
• Solving generalized multivariate linear rational expectations models
• Determinacy analysis in high order dynamic systems: the case of nominal rigidities and limited asset market participation
• Geometric and long run aspects of Granger causality
• Transformed contribution ratio test for the number of factors in static approximate factor models
• Minimax bounds for sparse PCA with noisy high-dimensional data
• Robust determination for the number of common factors in the approximate factor models
• Arbitrary initial conditions and the dimension of indeterminacy in linear rational expectations models
• Dynamic mortality factor model with conditional heteroskedasticity
• The linear systems approach to linear rational expectations models

Describes a project that uses

Uses Software

• Gensys
• Uhlig Toolkit

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