Abstract
This paper presents an algorithm for the solution of a non-linear rational expectations model with current partial information. Even the solutions of small linear models can be intractable in the case of current partial information. The algorithm is tested on a theoretical linear rational expectations with a known analytic solution.
Original language | English |
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Pages (from-to) | 351-358 |
Number of pages | 8 |
Journal | Economic Modelling |
Volume | 11 |
Issue number | 3 |
DOIs | |
Publication status | Published - Jul 1994 |
Externally published | Yes |
Keywords
- Algorithm
- Current partial information
- Rational expectations
ASJC Scopus subject areas
- Economics and Econometrics