英文文献:Estimation and Analysis of Rational Expectations Model of International Cotton Market-国际棉花市场理性预期模型的估计与分析
英文文献作者:Tokovenko, Oleksiy,Gunter, Lewell F.,Vedenov, Dmitry V.
英文文献摘要:
The paper outlines an approach to estimation and analysis of rational expectations international cotton market. A multiple model bootstrap filter is used to compute unobserved market expectations and their distributions. Estimation results are used to analyze the welfare effects of exogenous trade shocks and government programs, with application to the national market security.
本文概述了一种国际棉花市场理性预期的估计和分析方法。利用多模型bootstrap滤波器计算未观察市场预期及其分布。估计结果用于分析外生贸易冲击和政府计划的福利效应,并应用于国家市场安全。