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Initial beliefs and the global stability of least squares learning

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  • Chang, M. C.
  • Chu, C. Y. Cyrus
  • Lin, Kenneth S.

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  • Chang, M. C. & Chu, C. Y. Cyrus & Lin, Kenneth S., 2000. "Initial beliefs and the global stability of least squares learning," International Review of Economics & Finance, Elsevier, vol. 9(2), pages 123-137.
    • Handle: RePEc:eee:reveco:v:9:y:2000:i:2:p:123-137
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    References listed on IDEAS

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    1. Marcet, Albert & Sargent, Thomas J., 1989. "Convergence of least squares learning mechanisms in self-referential linear stochastic models," Journal of Economic Theory, Elsevier, vol. 48(2), pages 337-368, August.
    2. Frydman, Roman, 1982. "Towards an Understanding of Market Processes: Individual Expectations, Learning, and Convergence to Rational Expectations Equilibrium," American Economic Review, American Economic Association, vol. 72(4), pages 652-668, September.
    3. Chang, M. C. & Chu, C. Y. Cyrus & Lin, Kenneth S., 1995. "A note on least-squares learning mechanism," Journal of Economic Dynamics and Control, Elsevier, vol. 19(5-7), pages 1293-1296.
    4. Bray, Margaret, 1982. "Learning, estimation, and the stability of rational expectations," Journal of Economic Theory, Elsevier, vol. 26(2), pages 318-339, April.
    5. Margaret Bray, 2010. "Learning, Estimation, and the Stability of Rational Expectations," Levine's Working Paper Archive 205, David K. Levine.
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