Econometrica: Jul 1985, Volume 53, Issue 4

The Symmetric Linear Rational Expectations Model<963:TSLREM>2.0.CO;2-P
p. 963-976

Tryphon Kollintzas

For many multivariate linear rational expectations models a symmetry condition is satisfied, and when it is, a convenient representation of the solution exists that has many of the desirable features of the solution to the univariate model. This allows for greater insight into the identification, stability, and comparative dynamics properties of the model.

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