Simulating Forward-Looking Models

dc.contributor.author	Kolsrud, Dag
dc.date.accessioned	2018-05-22T11:51:59Z
dc.date.available	2018-05-22T11:51:59Z
dc.date.issued	2001
dc.identifier.isbn	82-7553-185-3
dc.identifier.issn	0801-2504
dc.identifier.uri	http://hdl.handle.net/11250/2498712
dc.description.abstract	The solutions of a macroeconometricmodel with expectations of future-dated variables has to be approximated by numerical simulations. A brief review of deterministic and stochastic dynamic simulations of a backward-looking model is followed by a conceptual presentation of methods for dynamic simulations of a forward-looking (rational expectations) model. Detailed numerical methods for solving the models are beyond the scope of this note.	nb_NO
dc.language.iso	eng	nb_NO
dc.publisher	Norges Bank	nb_NO
dc.relation.ispartofseries	Working Papers;9/2001
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/deed.no	*
dc.subject	JEL: C15	nb_NO
dc.subject	JEL: C30	nb_NO
dc.subject	JEL: C63	nb_NO
dc.subject	forward-looking models	nb_NO
dc.subject	rational expectations	nb_NO
dc.subject	simultaneous equation systems	nb_NO
dc.subject	stochastic simulation	nb_NO
dc.title	Simulating Forward-Looking Models	nb_NO
dc.type	Working paper	nb_NO
dc.description.version	publishedVersion	nb_NO
dc.subject.nsi	VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212	nb_NO
dc.source.pagenumber	19	nb_NO

Med mindre annet er angitt, så er denne innførselen lisensiert som Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal