Instrumental variables procedures for estimating linear rational expectations models
Instrumental variables procedures for estimating linear rational expectations models
About this book
"This paper illustrates how to use instrumental variables procedures to estimate the parameters of a linear rational expectations model. These procedures are appropriate when disturbances are serially correlated and the instrumental variables are not exogenous"--Federal Reserve Bank of Minneapolis web site.
Details
- OL Work ID
- OL4783645W
Subjects
Mathematical modelsRational expectations (Economic theory)