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Solving Rational Expectations Models with Informational Subperiods: A Perturbation Approach

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Abstract

This paper presents an algorithm to solve up to the second order of approximation rational expectations models with informational subperiods, and provides simple examples to demonstrate how the algorithm works.

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  1. Department of Economics, Southern Methodist University, Dallas, TX, USA

    Anna Kormilitsina

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  1. Anna Kormilitsina
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Correspondence to Anna Kormilitsina.

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Kormilitsina, A. Solving Rational Expectations Models with Informational Subperiods: A Perturbation Approach. Comput Econ 41, 525–555 (2013). https://doi.org/10.1007/s10614-012-9321-3

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  • DOI: https://doi.org/10.1007/s10614-012-9321-3

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