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On the Local Stability of Sunspot Equilibria under Adaptive Learning Rules
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Cited by:
- Evans, George W. & McGough, Bruce, 2005.
"Monetary policy, indeterminacy and learning,"
Journal of Economic Dynamics and Control, Elsevier, vol. 29(11), pages 1809-1840, November.
- George W. Evans & Bruce McGough, 2003. "Monetary Policy, Indeterminacy and Learning," University of Oregon Economics Department Working Papers 2003-34, University of Oregon Economics Department, revised 01 Apr 2004.
- Evans, George W. & McGough, Bruce, 2003. "Monetary policy, indeterminacy and learning," CFS Working Paper Series 2003/37, Center for Financial Studies (CFS).
- Michele Berardi, 2011.
"Strategic interactions, incomplete information and learning,"
Centre for Growth and Business Cycle Research Discussion Paper Series
157, Economics, The University of Manchester.
- Berardi, Michele, 2012. "Strategic interactions, incomplete information and learning," MPRA Paper 38651, University Library of Munich, Germany.
- Honkapohja, Seppo & Mitra, Kaushik, 2003.
"Learning with bounded memory in stochastic models,"
Journal of Economic Dynamics and Control, Elsevier, vol. 27(8), pages 1437-1457, June.
- Seppo Honkapohja & Kaushik Mitra, "undated". "Learning with Bounded Memory in Stochastic Models," Discussion Papers 00/42, Department of Economics, University of York.
- Honkapohja, S. & Mitra, K., 1999. "Learning with Bounded Memory in Stochastic Models," University of Helsinki, Department of Economics 456, Department of Economics.
- Kaushik Mitra & Seppo Honkapohja, 1999. "Learning with Bounded Memory in Stochastic Models," Computing in Economics and Finance 1999 221, Society for Computational Economics.
- Evans George W & Honkapohja Seppo M.S. & Marimon Ramon, 2007.
"Stable Sunspot Equilibria in a Cash-in-Advance Economy,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 7(1), pages 1-38, January.
- George W. Evans & Seppo Honkapohja & Ramon Marimon, 2001. "Stable Sunspot Equilibria in a Cash-in-Advance Economy," CESifo Working Paper Series 611, CESifo.
- George W. Evans & Seppo Honkapohja & Ramon Marimon, 2003. "Stable Sunspot Equilibria in a Cash-in-Advance Economy," Working Papers 14, Barcelona School of Economics.
- George W. Evans & Seppo Honkapohja & Ramon Marimon, 2002. "Stable Sunspot Equilibira in a Cash-in-Advance Economy," University of Oregon Economics Department Working Papers 2001-5, University of Oregon Economics Department, revised 15 Nov 2005.
- George W. Evans & Seppo Honkapohja & Ramon Marimon, 2004. "Stable sunspot equilibria in a cash-in-advance economy," Economics Working Papers 844, Department of Economics and Business, Universitat Pompeu Fabra, revised Jul 2005.
- Evans, George W. & Honkapohja, Seppo, 2003.
"Existence of adaptively stable sunspot equilibria near an indeterminate steady state,"
Journal of Economic Theory, Elsevier, vol. 111(1), pages 125-134, July.
- George W. Evans & Seppo Honkapohja, 2001. "Existence of Adaptively Stable Sunspot Equilibria Near an Indeterminate Steady State," CESifo Working Paper Series 478, CESifo.
- George W. Evans & Seppo Honkapohja, 2002. "Existence of Adaptively Stable Sunspot Equilibria near an Indeterminate Steady State," University of Oregon Economics Department Working Papers 2002-9, University of Oregon Economics Department, revised 06 Apr 2002.
- Evans, Geroge W & Honkapohja, Seppo & Romer, Paul, 1998.
"Growth Cycles,"
American Economic Review, American Economic Association, vol. 88(3), pages 495-515, June.
- Paul Romer & George Evans & Seppo Hokapohja, "undated". "Growth Cycles," Home Pages _001, Stanford University.
- George Evans & Seppo Honkapohja & Paul Romer, 1996. "Growth Cycles," NBER Working Papers 5659, National Bureau of Economic Research, Inc.
- Damdinsuren, Erdenebulgan & Zaharieva, Anna, 2023.
"Expectation formation and learning in the labour market with on-the-job search and Nash bargaining,"
Labour Economics, Elsevier, vol. 81(C).
- Damdinsuren, Erdenebulgan & Zaharieva, Anna, 2018. "Expectation Formation and Learning in the Labour Market with On-the-Job Search and Nash Bargaining," Center for Mathematical Economics Working Papers 604, Center for Mathematical Economics, Bielefeld University.
- Jasmina Arifovic, 2019. "Evolution of sunspot like behavior in the agent based economies of bank runs," Journal of Evolutionary Economics, Springer, vol. 29(1), pages 365-389, March.
- Wilfredo Leiva, 1999. "Adaptive learning in models with lagged variables," Economics Working Papers 413, Department of Economics and Business, Universitat Pompeu Fabra.
- GEORGE W. EVANS & BRUCE McGOUGH, 2007.
"Optimal Constrained Interest-Rate Rules,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(6), pages 1335-1356, September.
- GEORGE W. EVANS & BRUCE McGOUGH, 2007. "Optimal Constrained Interest‐Rate Rules," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(6), pages 1335-1356, September.
- Bruce McGough & George Evans, 2004. "Optimal Constrained Interest Rate Rules," Computing in Economics and Finance 2004 134, Society for Computational Economics.
- George W. Evans & Bruce McGough, 2005. "Optimal Constrained Interest-rate Rules," University of Oregon Economics Department Working Papers 2005-9, University of Oregon Economics Department, revised 31 May 2006.
- Evans, George W. & McGough, Bruce, 2005.
"Stable sunspot solutions in models with predetermined variables,"
Journal of Economic Dynamics and Control, Elsevier, vol. 29(4), pages 601-625, April.
- George W. Evans & Bruce McGough, 2002. "Stable Sunspot Solutions in Models with Predetermined Variables," University of Oregon Economics Department Working Papers 2002-16, University of Oregon Economics Department, revised 29 May 2003.
- Dmitri Kolyuzhnov & Anna Bogomolova, 2004. "Escape Dynamics: A Continuous Time Approximation," Econometric Society 2004 Latin American Meetings 27, Econometric Society.
- Arifovic, Jasmina, 1995. "Genetic algorithms and inflationary economies," Journal of Monetary Economics, Elsevier, vol. 36(1), pages 219-243, August.
- Carl Chiarella & Xue-Zhong He & Peiyuan Zhu, 2003.
"Fading Memory Learning in the Cobweb Model with Risk Averse Heterogeneous Producers,"
Research Paper Series
108, Quantitative Finance Research Centre, University of Technology, Sydney.
- Peiyuan Zhu & Carl Chiarella & Tony He, 2003. "Fading Memory Learning in the Cobweb Model with Risk Averse Heterogeneous Producers," Computing in Economics and Finance 2003 31, Society for Computational Economics.
- Honkapohja, Seppo & Mitra, Kaushik, 2004.
"Are non-fundamental equilibria learnable in models of monetary policy?,"
Journal of Monetary Economics, Elsevier, vol. 51(8), pages 1743-1770, November.
- Seppo Honkapohja & Kaushik Mitra, "undated". "Are Non-Fundamental Equilibria Learnable in Models of Monetary Policy?," Discussion Papers 01/05, Department of Economics, University of York.
- Kaushik Mitra & Seppo Honkapohja, 2004. "Are Non-Fundamental Equilibria Learnable in Models of Monetary Policy?," Royal Holloway, University of London: Discussion Papers in Economics 04/13, Department of Economics, Royal Holloway University of London, revised Jul 2004.
- Honkapohja, S. & Mitra, K., 2001. "Are Non-Fundamental Equilibria Learnable in Models of Monetary Policy?," University of Helsinki, Department of Economics 501, Department of Economics.
- Honkapohja, Seppo & Mitra, Kaushik, 2001. "Are Non-Fundamental Equilibria Learnable in Models of Monetary Policy?," CEPR Discussion Papers 2846, C.E.P.R. Discussion Papers.
- Barucci, Emilio, 2001. "Fading memory learning in a class of forward-looking models with an application to hyperinflation dynamics," Economic Modelling, Elsevier, vol. 18(2), pages 233-252, April.
- Chiarella, Carl & He, Xue-Zhong & Hung, Hing & Zhu, Peiyuan, 2006. "An analysis of the cobweb model with boundedly rational heterogeneous producers," Journal of Economic Behavior & Organization, Elsevier, vol. 61(4), pages 750-768, December.
- Araújo, Aloísio Pessoa de & Maldonado, Wilfredo Fernando Leiva, 2001. "A note on learning chaotic sunspot equilibrium," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 423, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
- Arifovic, Jasmina & Evans, George W. & Kostyshyna, Olena, 2020. "Are sunspots learnable? An experimental investigation in a simple macroeconomic model," Journal of Economic Dynamics and Control, Elsevier, vol. 110(C).
- Jasmina Arifovic & George Evans & Olena Kostyshyna, 2013. "Are Sunspots Learnable? An Experimental Investigation in a Simple General-Equilibrium Model," Staff Working Papers 13-14, Bank of Canada.
- Evans, George W. & Honkapohja, Seppo, 2003.
"Expectational stability of stationary sunspot equilibria in a forward-looking linear model,"
Journal of Economic Dynamics and Control, Elsevier, vol. 28(1), pages 171-181, October.
- George W. Evans & Seppo Honkapohja, 2002. "Expectational Stability of Stationary Sunspot Equilibria in a Forward-looking Linear Model," University of Oregon Economics Department Working Papers 2001-9, University of Oregon Economics Department, revised 14 Jan 2002.
- Enrique Urbano Arellano & Xinyang Wang, 2023. "Social Learning of General Rules," Papers 2310.15861, arXiv.org.
- Desgranges, Gabriel & Negroni, Giorgio, 2003.
"Expectations Coordination On A Sunspot Equilibrium: An Eductive Approach,"
Macroeconomic Dynamics, Cambridge University Press, vol. 7(1), pages 7-41, February.
- G. Desgranges & G. Negroni, 2001. "Expectations Coordination on a Sunspot Equilibrium: an Eductive Approach," THEMA Working Papers 2001-13, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
- Brock, William A. & de Fontnouvelle, Patrick, 2000.
"Expectational diversity in monetary economies,"
Journal of Economic Dynamics and Control, Elsevier, vol. 24(5-7), pages 725-759, June.
- William A. Brock & Patrick de Fontnouvelle, 1996. "Expectational Diversity in Monetary Economies," Working Papers 96-11-084, Santa Fe Institute.
- Brock, W.A. & de Fontnouvelle, P., 1996. "Expectational Diversity in Monetary Economics," Working papers 9624, Wisconsin Madison - Social Systems.
- Garratt, Anthony & Hall, Stephen G., 1997. "E-equilibria and adaptive expectations: Output and inflation in the LBS model," Journal of Economic Dynamics and Control, Elsevier, vol. 21(7), pages 1149-1171, June.
- Zhou Lu & Te Bao & Xiaohua Yu, 2021. "Gender and Bubbles in Experimental Markets with Positive and Negative Expectation Feedback," Computational Economics, Springer;Society for Computational Economics, vol. 57(4), pages 1307-1326, April.
- Ascari, Guido & Mavroeidis, Sophocles & McClung, Nigel, 2023.
"Coherence without rationality at the zero lower bound,"
Journal of Economic Theory, Elsevier, vol. 214(C).
- Guido Ascari & Sophocles Mavroeidis & Nigel McClung, 2022. "Coherence without Rationality at the Zero Lower Bound," Papers 2208.02073, arXiv.org, revised Oct 2023.
- Kolyuzhnov, Dmitri & Bogomolova, Anna & Slobodyan, Sergey, 2014.
"Escape dynamics: A continuous-time approximation,"
Journal of Economic Dynamics and Control, Elsevier, vol. 38(C), pages 161-183.
- Dmitri Kolyuzhnov & Anna Bogomolova & Sergey Slobodyan, 2006. "Escape Dynamics: A Continuous—Time Approximation," CERGE-EI Working Papers wp285, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
- Dmitri Kolyuzhnov & Anna Bogomolova, 2004. "Escape Dynamics: A Continuous Time Approximation," Econometric Society 2004 Far Eastern Meetings 557, Econometric Society.
- Evans, David & Evans, George W. & McGough, Bruce, 2022. "The RPEs of RBCs and other DSGEs," Journal of Economic Dynamics and Control, Elsevier, vol. 143(C).
- Flam, Sjur Didrik & Mirman, Leonard J., 1998. "Groping for optimal growth," Journal of Economic Dynamics and Control, Elsevier, vol. 23(2), pages 191-207, September.
- Evans, George W. & McGough, Bruce, 2005.
"Monetary policy and stable indeterminacy with inertia,"
Economics Letters, Elsevier, vol. 87(1), pages 1-7, April.
- George W. Evans & Bruce McGough, 2004. "Monetary Policy and Stable Indeterminacy with Inertia," University of Oregon Economics Department Working Papers 2004-4, University of Oregon Economics Department, revised 29 Mar 2004.
- Julien, Ludovic A., 2003. "Chômage d’équilibre, équilibres multiples et défauts de coordination," L'Actualité Economique, Société Canadienne de Science Economique, vol. 79(4), pages 523-562, Décembre.
- Chiarella, Carl & He, Xue-Zhong, 2003.
"Heterogeneous Beliefs, Risk, And Learning In A Simple Asset-Pricing Model With A Market Maker,"
Macroeconomic Dynamics, Cambridge University Press, vol. 7(4), pages 503-536, September.
- Carl Chiarella & Xue-Zhong He, 2000. "Heterogeneous Beliefs, Risk and Learning in a Simple Asset Pricing Model with a Market Maker," Research Paper Series 35, Quantitative Finance Research Centre, University of Technology, Sydney.
- Berardi, Michele, 2015.
"On the fragility of sunspot equilibria under learning and evolutionary dynamics,"
Journal of Economic Behavior & Organization, Elsevier, vol. 112(C), pages 251-265.
- Michele Berardi, 2013. "On the fragility of sunspot equilibria under learning and evolutionary dynamics," Centre for Growth and Business Cycle Research Discussion Paper Series 186, Economics, The University of Manchester.
- Evans, George W. & McGough, Bruce, 2020. "Stable near-rational sunspot equilibria," Journal of Economic Theory, Elsevier, vol. 186(C).
- Duffy, John & Xiao, Wei, 2007. "Instability of sunspot equilibria in real business cycle models under adaptive learning," Journal of Monetary Economics, Elsevier, vol. 54(3), pages 879-903, April.
- Evans, George W. & Honkapohja, Seppo, 1998.
"Convergence of learning algorithms without a projection facility,"
Journal of Mathematical Economics, Elsevier, vol. 30(1), pages 59-86, August.
- Seppo Honkapohja & George W. Evans, 1996. "Convergence of Learning Algorithms without a Projection Facility," CESifo Working Paper Series 109, CESifo.
- McClung, Nigel, 2020. "E-stability vis-à-vis determinacy in regime-switching models," Journal of Economic Dynamics and Control, Elsevier, vol. 121(C).
- Dmitri Kolyuzhnov & Anna Bogomolova, 2004. "Escape Dynamics: A Continuous Time Approximation," Computing in Economics and Finance 2004 190, Society for Computational Economics.