https://github.com/mchatcher/rational-expectations-solutions-structural-change

Rational expectations solutions under structural change (Hatcher 2022, JEDC)
https://github.com/mchatcher/rational-expectations-solutions-structural-change

dsge-models matlab rational-expectations-equilibrium structural-change

Last synced: 18 days ago
JSON representation

Rational expectations solutions under structural change (Hatcher 2022, JEDC)

• Host: GitHub
• URL: https://github.com/mchatcher/rational-expectations-solutions-structural-change
• Owner: MCHatcher
• Created: 2021-11-01T13:23:29.000Z (over 3 years ago)
• Default Branch: main
• Last Pushed: 2022-09-27T10:55:23.000Z (over 2 years ago)
• Last Synced: 2024-11-14T18:41:15.650Z (3 months ago)
• Topics: dsge-models, matlab, rational-expectations-equilibrium, structural-change
• Language: MATLAB
• Homepage:
• Size: 508 KB
• Stars: 1
• Watchers: 1
• Forks: 1
• Open Issues: 0
• Metadata Files:
  • Readme: README.md

Awesome Lists containing this project

README

        
# Rational-expectations-solutions-structural-change

This paper Hatcher (2022, JEDC) extends the recursive solution method for linear rational expectations models subject to anticipated structural changes in Kulish and Pagan (2017, Journal of Applied Econometrics) to deal with delayed announcement to a fraction of agents; imperfect credibility of policy reforms; and cases where the terminal solution is indeterminate. The extensions in the paper are complemented by analytical examples, numerical applications and codes.