Essays on macroeconometrics /
In the third chapter, I conduct a quantitative evaluation of the potential role of adaptive expectations in a two-country dynamic stochastic general equilibrium model. Under the learning mechanism economic agents are assumed to form their expectations of forward-looking variables using a simple vect...
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Format: | Thesis Book |
Language: | English |
Published: |
[Philadelphia, Pennsylvania]: Ann Arbor :
University of Pennsylvania ; ProQuest Dissertations & Theses,
2015
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Subjects: |