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Where to check rank conditions

PostPosted: Fri Feb 23, 2007 4:11 am
by bigbigben
I am just curious, since when I change my model from stationary model to a growth model, the problem of rank condition pops out. Where can I find some detailed information?

PostPosted: Fri Mar 16, 2007 8:46 pm
by MichelJuillard
Look at my slides on first order approximation and solving linear rational expectation systems

http://jourdan.ens.fr/~michel/presentations/first_second_order.pdf

Best

Michel