Identification in Dynamic Linear Models with Rational Expectations

32 Pages Posted: 15 Jan 2007 Last revised: 28 Jul 2010

See all articles by Olivier J. Blanchard

Olivier J. Blanchard

National Bureau of Economic Research (NBER); Peter G. Peterson Institute for International Economics

Date Written: July 1982

Abstract

This paper characterizes identification in dynamic linear models. It shows that identification restrictions are linear in the structural parameters and are therefore easy to use. Using these restrictions, it analyzes the role of exogenous variables in helping to achieve identification.

Suggested Citation

Blanchard, Olivier J., Identification in Dynamic Linear Models with Rational Expectations (July 1982). NBER Working Paper No. t0024. Available at SSRN: https://ssrn.com/abstract=579732

Olivier J. Blanchard (Contact Author)

National Bureau of Economic Research (NBER) ( email )

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Peter G. Peterson Institute for International Economics ( email )

1750 Massachusetts Avenue, NW
Washington, DC 20036
United States

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