Full information estimation and stochastic simulation of models with rational expectations
提出一种计算上可行的完全信息最大似然估计方法，用于估计理性预期模型，并描述了这类模型的随机模拟，有助于在宏观经济模型中检验理性预期假说。
Abstract A computationally feasible method for the full information maximum‐likelihood estimation of models with rational expectations is described in this paper. The stochastic simulation of such models is also described. The methods discussed in this paper should open the way for many more tests of the rational expectations hypothesis within macroeconomic models.