Title of article :
Open loop time consistency for linear rational expectations models
Author/Authors :
Andrew P. Blake، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2004
Abstract :
We derive an open loop time consistent equilibrium for linear rational expectations control problems. It can be solved using standard methods. We show how it relates to other consistent solutions
Keywords :
Open loop , Time consistency , RATIONAL EXPECTATIONS
Journal title :
Economics Letters
Journal title :
Economics Letters