Asymptotic behavior of difference equations under rational expectations
P. H. Bezandry
Department of Mathematics, Howard University, Washington DC 20059
Received on April 2, 2020, revised version on August 8, 2020
Accepted on August 7, 2020
Communicated by Carlos Lizama
| Abstract. In this paper, two different classes of difference equations under rational expectations are examined. The first one concerns the conditional expectational singular difference equations and the second one is about the time-varying conditional expectational difference equations. Asymptotic behaviors of the solutions of the latter are especially studied. | |
| Keywords: | random sequence, singular difference equation, time-varying difference equation. |
| 2010 Mathematics Subject Classification: Primary 39A10, 60G07; Secondary 34F05. | |