Analysing Economic Behaviour 1975-85 with a Model Incorporating Consistent Expectations

Stephen Hall

National Institute Economic Review, 1987, vol. 120, 75-80

Abstract: 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.

Date: 1987
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