This volume comprises fourteen papers presented to a conference of the IEA held at the International Centre for Economic Research in Turin. Four areas are identified in which theoretical and empirical developments are discussed for the fuller understanding of personal (as oppose…
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This volume comprises fourteen papers presented to a conference of the IEA held at the International Centre for Economic Research in Turin. Four areas are identified in which theoretical and empirical developments are discussed for the fuller understanding of personal (as oppose…
This book is devoted to the econometric analysis of linear multivariate rational expectation models. It shows that the interpretation of multiplicity in terms of ""new degrees of freedom"" is consistent with a rigorous econometric reasoning. Non-uniqueness is the central theme o…