메뉴 건너뛰기




Volumn 7, Issue 2, 2003, Pages 171-191

Uniqueness of bubble-free solution in linear rational expectations models

Author keywords

Bubbles; Rational Expectations; Saddle Path Property; Sunspots

Indexed keywords


EID: 0043073036     PISSN: 13651005     EISSN: None     Source Type: Journal    
DOI: 10.1017/S1365100501010264     Document Type: Article
Times cited : (3)

References (21)
  • 3
    • 0000174465 scopus 로고
    • The solution of linear difference models under rational expectations
    • Blanchard, O. & C. Kahn (1980) The solution of linear difference models under rational expectations. Econometrica 48, 1305-1311.
    • (1980) Econometrica , vol.48 , pp. 1305-1311
    • Blanchard, O.1    Kahn, C.2
  • 4
    • 0042490923 scopus 로고    scopus 로고
    • Endogenous business cycles: Capital labor substitution and liquidity constraints with increasing returns to scale
    • Bosi, S. & F. Magris (1997) Endogenous Business Cycles: Capital Labor Substitution and Liquidity Constraints with Increasing Returns to Scale. CORE discussion paper 9769.
    • (1997) CORE Discussion Paper , vol.9769
    • Bosi, S.1    Magris, F.2
  • 6
    • 0000719906 scopus 로고
    • Sunspot fluctuations around a steady state: The case of multidimensional, one-step forward looking economic models
    • Chiappori, P.A., P.Y. Geoffard, & R. Guesnerie (1992) Sunspot fluctuations around a steady state: The case of multidimensional, one-step forward looking economic models. Econometrica 60, 1097-1126.
    • (1992) Econometrica , vol.60 , pp. 1097-1126
    • Chiappori, P.A.1    Geoffard, P.Y.2    Guesnerie, R.3
  • 8
    • 0041489034 scopus 로고
    • On the solution of linear difference equation with rational expectations
    • d'Autume, A. (1990) On the solution of linear difference equation with rational expectations. Review of Economic Studies 57, 677-688.
    • (1990) Review of Economic Studies , vol.57 , pp. 677-688
    • D'Autume, A.1
  • 9
    • 0030118569 scopus 로고
    • Continuous lime sunspot equilibria and dynamics in a model of growth
    • Drugeon, J.P. & B. Wigniolle (1994) Continuous lime sunspot equilibria and dynamics in a model of growth. Journal of Economic Theory 69, 24-52.
    • (1994) Journal of Economic Theory , vol.69 , pp. 24-52
    • Drugeon, J.P.1    Wigniolle, B.2
  • 10
    • 0001315552 scopus 로고
    • Market fundamentals vs. price level bubbles: The first tests
    • Flood, R. & M. Garber (1980) Market fundamentals vs. price level bubbles: The first tests. Journal of Political Economy 88, 745-770.
    • (1980) Journal of Political Economy , vol.88 , pp. 745-770
    • Flood, R.1    Garber, M.2
  • 11
    • 0041489035 scopus 로고    scopus 로고
    • Determinacy and stability under learning of rational expectations equilibria
    • Forth-coming in
    • Gauthier, S. (1999) Determinacy and stability under learning of rational expectations equilibria. Forth-coming in Journal of Economic Theory.
    • (1999) Journal of Economic Theory
    • Gauthier, S.1
  • 12
    • 0000589196 scopus 로고    scopus 로고
    • Expectations formation and stability of large socioeconomic systems
    • Grandmont, J.M. (1998) Expectations formation and stability of large socioeconomic systems. Econometrica 66, 741-783.
    • (1998) Econometrica , vol.66 , pp. 741-783
    • Grandmont, J.M.1
  • 13
    • 0008599606 scopus 로고
    • Stability, expectations and predetermined variables
    • P. Champsaur. M. Celeau, J.M. Grandmont, R. Guesnerie, C. Henry, J.J. Laffont, G. Laroque, J. Mairesse, A. Monfort, & Y. Younès (eds.). Cambridge, MA: MIT Press
    • Grandmont, J.M. & G. Laroque (1990) Stability, expectations and predetermined variables. In P. Champsaur. M. Celeau, J.M. Grandmont, R. Guesnerie, C. Henry, J.J. Laffont, G. Laroque, J. Mairesse, A. Monfort, & Y. Younès (eds.), Essays in Honor of Edmond Malinvaud, vol. 1, pp. 71-92. Cambridge, MA: MIT Press.
    • (1990) Essays in Honor of Edmond Malinvaud , vol.1 , pp. 71-92
    • Grandmont, J.M.1    Laroque, G.2
  • 16
    • 49049125815 scopus 로고
    • On non-uniqueness in rational expectations models: An attempt at perspective
    • McCallum, B. (1983) On non-uniqueness in rational expectations models: An attempt at perspective. Journal of Monetary Economics 11, 139-168.
    • (1983) Journal of Monetary Economics , vol.11 , pp. 139-168
    • McCallum, B.1
  • 17
    • 0038539184 scopus 로고    scopus 로고
    • Role of the minimal state variable criterion in rational expectations models
    • McCallum, B. (1999) Role of the Minimal State Variable Criterion in Rational Expectations Models. NBER working paper 7087.
    • (1999) NBER Working Paper , vol.7087
    • McCallum, B.1
  • 18
    • 0003080614 scopus 로고
    • Equilibrium cycles in an overlapping generations economy with production
    • Reichlin, P. (1986) Equilibrium cycles in an overlapping generations economy with production. Journal of Economic Theory 40, 89-102.
    • (1986) Journal of Economic Theory , vol.40 , pp. 89-102
    • Reichlin, P.1
  • 20
    • 0000213862 scopus 로고
    • A note on Woodford's conjecture: Constructing stationary sunspot equilibria in a continuous time model
    • Shigoka, T. (1994) A note on Woodford's conjecture: Constructing stationary sunspot equilibria in a continuous time model. Journal of Economic Theory 64, 531-540.
    • (1994) Journal of Economic Theory , vol.64 , pp. 531-540
    • Shigoka, T.1
  • 21
    • 38249041211 scopus 로고
    • Stationary sunspot equilibria in a financed constrained economy
    • Woodford, M. (1986) Stationary sunspot equilibria in a financed constrained economy. Journal of Economic Theory 40, 128-137.
    • (1986) Journal of Economic Theory , vol.40 , pp. 128-137
    • Woodford, M.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.