Encompassing and rational expectations: How sequential corroboration can imply refutation

Empirical Economics

Volumn 24, Issue 1, 1999, Pages 1-21

  Ericsson, Neil R ^a,c   Hendry, David F ^b,d,e  

^a Federal Reserve Board Division of International Finance   (United States)

^b NUFFIELD COLLEGE   (United Kingdom)

^c FEDERAL RESERVE BOARD   (United States)

^d Nutfield College   (United Kingdom)

^e DUKE UNIVERSITY   (United States)

Author keywords

Conditional models; Congruence; Corroboration; Encompassing; Feedback; Feedforward; Lucas critique; Rational expectations; Refutation; Statistical inference

Indexed keywords

FINANCIAL SYSTEM; MODELING;

EID: 0032950145     PISSN: 03777332     EISSN: None     Source Type: Journal    
DOI: 10.1007/s001810050041     Document Type: Article

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