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Analysing Economic Behaviour 1975-85 with a Model Incorporating Consistent Expectations
Published online by Cambridge University Press: 26 March 2020
Extract
In November 1985 the National Institute introduced a new version of its quarterly forecasting model which included a large number (approximately 45) of explicit expectations terms. The model was solved on the basis of model consistent expectations.
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- Copyright © 1987 National Institute of Economic and Social Research
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