Research Discussion Paper – RDP 8706 Numerical Solution of Rational Expectations Models with and Without Strategic Behaviour
August 1987
- Abstract
- Download the Paper 549KB
Contents
- Introduction
- A Simple Illustration of the Problem of Solving Rational Expectations Models
- Numerical Solution of Rational Expectations Models
- A Numerical Algorithm that Allows for Strategic Behaviour
- Conclusion
- References
Endnote
I would like to thank Ardo Hansson, Nouriel Roubini and Rob Trevor for helpful comments. The views expressed do not necessarily reflect those of the Reserve Bank of Australia. [*]