README.md

In bfunovits/indeterminateR: Evaluates the Existence and Uniqueness Properties of LRE Models

IndeterminateR

This R-package verifies the claims in the article

The Full Set of Solutions of Linear Rational Expectation Models, published in Economics Letters, Volume 161, December 2017, Pages 47–51, https://doi.org/10.1016/j.econlet.2017.09.021

In particular, it shows that some equilibria are classified as indeterminate by Lubik and Schorfheide even though they have the same observable outcome.

Installation

Run devtools::install_github("bfunovits/indeterminateR", build_vignettes = TRUE). The package devtools needs to be installed in order that the above line of code work. By default, vignettes are not built when using devtools::install_github(), thus the argument build_vignettes must be set to TRUE.

bfunovits/indeterminateR documentation built on May 28, 2019, 7:10 p.m.