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Regularized Solutions to Linear Rational Expectations Models

Majid M. Al-Sadoon

arXiv 12 Sep 2020 · Econometrics · 2 citations (OpenAlex)

arXiv:2009.05875 · PDF · DOI · OpenAlex · Extracted main text

Abstract

This paper proposes an algorithm for computing regularized solutions to linear rational expectations models. The algorithm allows for regularization cross-sectionally as well as across frequencies. A variety of numerical examples illustrate the advantage of regularization.

Citation extraction

23
references
42
in-text mentions
23
distinct cited
3
self-citations
4,234
main-text words

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Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Al-Sadoon, M. M (2020) The spectral approach to linear rational expectations models self1.00073100%
2Sims, C. A (2002) Solving linear rational expectations models0.87472100%
3Lubik, T. A. & Schorfheide, F (2003) Computing sunspot equilibria in linear rational expectations models0.87452100%
4Funovits, B (2017) The full set of solutions of linear rational expectations models0.64422100%
5Al-Sadoon, M. M. & Zwiernik, P (2019) The identification problem for linear rational expectations models self0.64422100%
6Al-Sadoon, M. M (2018) The linear systems approach to linear rational expectations models self0.64422100%
7Angeletos, G.-M. & Huo, Z (2018) Myopia and anchoring0.40511100%
8Bianchi, F. & Nicolò, G (2019) A Generalized Approach to Indeterminacy in Linear Rational Expectations Models0.40511100%
9Farmer, R. E., Khramov, V., & Nicolò, G (2015) Solving and estimating indeterminate DSGE models0.40511100%
10Han, Z., Tan, F., & Wu, J (2019) Analytic policy function iteration0.40511100%

Showing the top 10 of 23 scored citations.

Cited by, within the corpus

arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.

Citing paperIntensityMentionsSections
1The Spectral Approach to Linear Rational Expectations Models1.00053