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Rational expectations models and the aliasing phenomenon

Rational expectations models and the aliasing phenomenon

Lars Peter Hansen

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)

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Book data from Open Library. Cover images courtesy of Open Library.