Rational expectations models and the aliasing phenomenon
Rational expectations models and the aliasing phenomenon
About this book
"This paper shows how the cross-equation restrictions delivered by the hypothesis of rational expectations can serve to solve the aliasing identification problem. It is shown how the rational expectations restrictions uniquely identify the parameters of a continuous time model from statistics of discrete time models"--Federal Reserve Bank of Minneapolis web site.
Details
- OL Work ID
- OL24106191W
Subjects
Economic forecastingRational expectations (Economic theory)