Research areas

Linear rational expectations models, monetary policy in DSGE frameworks, term-structure and macro-finance, solution methods for forward-looking models.

Key papers

  • cho-moreno-2010-forward-method-rational-expectations — co-authored with Seonghoon Cho; generalizes the forward method to multivariate linear RE models with predetermined variables and proves the forward solution is the unique fundamental REE satisfying the no-bubble condition. (Journal of Economic Dynamics and Control, 2010.)

Recent work

(unknown — INIT mode, no S2 / DeepXiv lookup performed)

Collaborators

  • Seonghoon Cho (Yonsei University) — co-author of the 2010 forward method paper.

My notes

Co-author of the canonical methodological reference for the CRE asset pricing project’s RE solver. The Markov-switching extension of his framework with Cho is the load-bearing building block of get_forward_solution_msre and check_determinancy_fmsre in the CRE project’s SimMdlPrices module.