On the solution of the linear rational expectations model with multiple lags
(1999)
Journal Article
Kruiniger, H. (2000). On the solution of the linear rational expectations model with multiple lags. Journal of Economic Dynamics and Control, 24(4), 535-559. https://doi.org/10.1016/S0165-1889%2899%2900006-8
In this paper the symmetric linear rational expectations model from Kollintzas (1985) is generalized by allowing for multiple lags. By using a convenient decomposition of the matrix lag polynomial of the Euler–Lagrange equations that encompasses that... Read More about On the solution of the linear rational expectations model with multiple lags.