Skip to main content

OLS-Estimation and rationality in linear models with forecast feedback

  • Conference paper
  • First Online:
Stochastic Differential Systems

Part of the book series: Lecture Notes in Control and Information Sciences ((LNCIS,volume 126))

  • 166 Accesses

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. J.F. Muth (1961): "Rational Expectations and the Theory of Price Movements", Econometrica 29, 315–335.

    Google Scholar 

  2. J.L. Doob (1953): Stochastic Processes. New York: Wiley & Sons.

    Google Scholar 

  3. M.M. Bray, N.E. Savin (1986): "Rational Expectations Equilibria, Learning and Model Specification", Econometrica 54, 1129–1160.

    Google Scholar 

  4. C. Fourgeaud, C. Gourieroux, J. Pradel (1986): "Learning Procedures and Convergence to Rationality", Econometrica 54, 845–868.

    Google Scholar 

  5. Th. Kottmann (1988): "OLS-Estimation and Rationality in Linear Models with Forecast Feedback", Discussion Paper B-96, Universität Bonn.

    Google Scholar 

  6. H. Walk (1985): "Almost Sure Convergence of Stochastic Approximation Processes", Statistics and Decisions, Suppl. Issue No. 2, 137–141.

    Google Scholar 

  7. Th. Kottmann (1989): "Simultaneous Equations Linear Models with Forecast Feedback", Discussion Paper B-106, Universität Bonn.

    Google Scholar 

  8. M.H. Pesaran (1988): The Limits to Rational Expectations. New York: Basil Blackwell.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Norbert Christopeit Kurt Helmes Michael Kohlmann

Rights and permissions

Reprints and permissions

Copyright information

© 1989 Springer-Verlag

About this paper

Cite this paper

Kottmann, T. (1989). OLS-Estimation and rationality in linear models with forecast feedback. In: Christopeit, N., Helmes, K., Kohlmann, M. (eds) Stochastic Differential Systems. Lecture Notes in Control and Information Sciences, vol 126. Springer, Berlin, Heidelberg. https://doi.org/10.1007/BFb0043782

Download citation

  • DOI: https://doi.org/10.1007/BFb0043782

  • Published:

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-51299-8

  • Online ISBN: 978-3-540-46188-3

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics