Features of RBC Models Adopt a representative agent model,focusing on rep.household and firm,agents homogeneous, so that there are no aggregation problems. All agents have rational expectations. All markets continually clear There are complete markets. There are no informational asymmetries problems. 电子科大经管学院马捷 9 Adopt a representative agent model, focusing on rep. household and firm, agents homogeneous, so that there are no aggregation problems.  All agents have rational expectations.  All markets continually clear.  There are complete markets.  There are no informational asymmetries problems. 电子科大经管学院 马捷 9 Features of RBC Models