Blar i Arbeidsnotater / Working Papers på emneord "linear-quadratic"
Viser treff 1-1 av 1
-
Loose Commitment in Medium-Scale Macroeconomic Models: Theory and an Application
(Working Papers;25/2010, Working paper, 2010)This paper proposes a method and a toolkit for solving optimal policy with imperfect commitment in linear quadratic models. As opposed to the existing literature, our method can be employed in medium- and large-scale models ...