| 書目名稱 | The Rational Expectation Hypothesis, Time-Varying Parameters and Adaptive Control | | 副標(biāo)題 | A Promising Combinat | | 編輯 | Marco P. Tucci | | 視頻video | http://file.papertrans.cn/919/918202/918202.mp4 | | 叢書名稱 | Advances in Computational Economics | | 圖書封面 |  | | 描述 | .One of the major controversies in macroeconomics over the last 30 years has been that on the effectiveness of stabilization policies. However, this debate, between those who believe that this kind of policies is useless if not harmful and those who argue in favor of it, has been mainly theoretical so far...The Rational Expectation Hypothesis, Time-Varying Parameters and Adaptive Control. wants to represent a step toward the construction of a common ground on which to empirically compare the two "beliefs" and to do this three strands of literature are brought together. The first strand is the research on time-varying parameters (TVP), the second strand is the work on adaptive control and the third one is the literature on linear stationary models with rational expectations (RE). ..The material presented in .The Rational Expectation Hypothesis, Time-Varying Parameters and Adaptive Control. is divided into two parts. Part 1 combines the strand of literature on adaptive control with that on TVP. It generalizes the approach pioneered by Tse and Bar-Shalom (1973) and Kendrick (1981) and one recently used in Amman and Kendrick (2002), where the law of motion of the TVP and the hyperstruc | | 出版日期 | Book 2004 | | 關(guān)鍵詞 | Parapluprod; Stochastic, theory; Variable; dynamic, macroeconomics; econometrics, state-space, models; gl | | 版次 | 1 | | doi | https://doi.org/10.1007/978-1-4020-2874-8 | | isbn_softcover | 978-1-4757-1061-8 | | isbn_ebook | 978-1-4020-2874-8Series ISSN 0929-130X | | issn_series | 0929-130X | | copyright | Springer Science+Business Media New York 2004 |
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