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Dynamic Inconsistencies: Counterfactual Implications of a Class of Rational-Expectations Models

Arturo Estrella, Jeffrey C. Fuhrer

American Economic Review · 2002 · Volume 92 · Issue 4

DOI: 10.1257/00028280260344579

Keywords

General Aggregative Models: Neoclassical, Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data), Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy: General (includes Measurement and Data)

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