Linear Rational Expectations Models

A User’s Guide

Author:

Charles H. Whiteman

Whiteman has a very strong, unified way of looking at a set of questions that earlier writers have addressed very haphazardly. Any specialist using LRE models will need to be aware of his treatment.

Robert E. Lucas, Jr. University of Chicago

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Charles H. Whiteman is the senior associate dean of the Henry B. Tippie College Business and a professor of economics at the University of Iowa.

Whiteman has a very strong, unified way of looking at a set of questions that earlier writers have addressed very haphazardly. Any specialist using LRE models will need to be aware of his treatment.

Robert E. Lucas, Jr. University of Chicago

This work is an excellent idea, and it’s very well executed. It clarifies very well some points that have caused a lot of trouble.

John Geweke, Duke University