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Deep Structral Excavation? A Critique of Euler Equation Methods

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NBER1983-11-01 更新2025-01-04 收录
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Rational expectations theory instructs empirical researchers to uncover the values of 'deep' structural parameters of preferences and technology rather than the parameters of decision rules that confound these structural parameters with those of forecasting equations. This paper reevaluates one

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1983-11-01
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