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The Econometric Analysis of Non-Uniqueness in Rational Expectations Models

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by L. Broze & A. Szafarz
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The Econometric Analysis of Non-Uniqueness in Rational Expectations Models by L. Broze & A. Szafarz

This book is devoted to the econometric analysis of linear multivariate rational expectation models. It shows that the interpretation of multiplicity in terms of "new degrees of freedom" is consistent with a rigorous econometric reasoning. Non-uniqueness is the central theme of this book. Each chapter is concerned with a specific econometric aspect of rational expectations equilibria. The most constructive result lies in the possibility of an empirical determination of the equilibrium followed by the economy.

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Ebook Details
Pages: 245
Size: 8.7 MB
Publisher: North Holland
Date published:   2014
ISBN: 9781483296289 (DRM-PDF)

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This product is listed in the following categories:

Nonfiction > Mathematics > Probability & Statistics
Nonfiction > Business & Economics > Econometrics

These authors have products in the following categories:

Nonfiction > Reference
Nonfiction > Business & Economics > Reference
Nonfiction > Business & Economics > Economics > Theory
Nonfiction > Mathematics > Probability & Statistics
Nonfiction > Business & Economics > Econometrics

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