This article evaluates the finite-sample performance of various tests for cointegration by Monte Carlo methods. The evaluation takes place within the linear quadratic model. The results indicate sharp ...

We solve for the reputational equilibrium in a class of linear quadratic, gaussian dynamic games with noisy control. This equilibrium is particularly simple to describe and tractable. There is ...

In this paper, we derive a linear-quadratic model for monetary policy analysis that is consistent with sticky prices and search and matching frictions in the labor market. We show that the ...