CONTENTS
List of Contributors = ⅶ
PART ONE : SOLUTION METHODS
Chapter 1 Solution Methods and Non-Linear Forward-Looking Models / Michel Juillard ; Douglas Laxton ; Peter McAdam ; Hope Pioro = 3
Chapter 2 From Here to Eternity : The Robusiness of Model Solutions to Inperfect Starting Values / Peter McAdam ; Andrew Hughes Hallett = 31
Chapter 3 Accelerating Non Linear Perfect Foresight Model Solution by Exploiting the Steady State Linearization / Gary S. Anderson = 57
PART TWO : RATIONAL EXPECTATIONS AND LEARNING
Chapter 4 Modifying the Rational Expectations Assumption in a Large World Model / Stephen Hall ; Steven Symansky = 89
Chapter 5 Boundedly versus Procedurally Rational Expectations / Scott Moss ; Esther-Mirjam Sent = 115
Chapter 6 Instrument Rules, Inflation Forecast Rules and Optimal Control Rules when Expectations are Rational / Sean Holly ; Paul Turner = 147
PART THREE : MACRODYNAMICS
Chapter 7 Asymptotic Hierarchies in an Economic Model / Cuong Le Van ; Pierre Malgrange = 169
Chapter 8 Computational Methods for Macro Policy Analysis : Hall and Taylor's Model in DUALI / P. Ruben Mercado ; David A. Kendrick = 179
Chapter 9 The Dynamic Analysis of Forward-Looking Models / Michael Juillard = 207
PART FOUR : LONG RUN AND CLOSURES IN MACRO MODELS
Chapter 10 The Long Run in Macro Models : A Guide / Peter McAdam = 227
Chapter 11 The Sensitivity of Solutions to Terminal Conditions : Simulating Permanent Shocks with QUEST II / Werner Roeger ; Jan in't Veld = 251
Chapter 12 Solving Large Scale Models Under Alternative Policy Closures : The MSG2 Multi-Country Model / Warwick J. McKibbin = 273
Subject Index = 293
Author Index = 297
