Rational Expectations Models with a Continuum of Convergent Solutions
收藏数据链接:
官方服务:
资源简介:
This paper examines five examples of rational expectations models with a continuum of convergent solutions and demonstrates serious difficulties in the economic interpretation of these solutions. The five examples are (1) a model of optimal capital accumulation with a negative rate of time
提供机构:
美国国家经济研究局创建时间:
1984-09-01



