Estimation and Analysis of Rational Expectations Model of International Cotton Market

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.


Issue Date:
2007
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/9760
Total Pages:
13
Series Statement:
Selected Paper 174977




 Record created 2017-04-01, last modified 2017-04-26

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