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Predetermined and Non-Predetermined Variables in Rational Expectations Models

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NBER1983-01-01 更新2025-01-04 收录
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The distinctiof between predetermined and non-predetermined variables is a crucial one in rational expectations models. I consider and reject two definitions, one proposed by Blanchard and Kahn and one by Chow. Both definitions lead to possible misc1assifications. Instead I propose the following

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1983-01-01
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