This paper studies dynamic identification of parameters of a dynamic stochastic general equilibrium model from the first and second moments of the data. Classical results for dynamic simultaneous ...
Merton, Robert C. "A Dynamic General Equilibrium Model of the Asset Market and Its Application to the Pricing of the Capital Structure of the Firm." Sloan School of Management Working Paper, No.
Abstract: In this paper we investigate dynamic equilibrium of a dynamic Evans-Samuelson-Walras model. We show that dynamic equilibrium existence is connected with general equi-librium existence. To ...
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