E-equilibria and adaptive expectations: Output and inflation in the LBS model

DOI10.1016/S0165-1889(97)89191-9zbMath0901.90035MaRDI QIDQ1391671

Stephen G. Hall, Anthony Garratt

Publication date: 22 July 1998

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

zbMATH Keywords

learning; exchange rates; hyperparameters; alternative expectations rules; output and inflation dynamic paths and end values

Mathematics Subject Classification ID

91B62: Economic growth models

Related Items

Monetary policy, indeterminacy and learning, On the hidden hazards of adaptive behavior

Cites Work

• Unnamed Item
• Convergence of least squares learning mechanisms in self-referential linear stochastic models
• Introduction to the stability of rational expectations equilibrium
• On the local stability of sunspot equilibria under adaptive learning rules
• Time-varying parameters and nonconvergence to rational expectations under least squares learning
• Learning about monetary regime shifts in an overlapping wage contract model
• Market Anticipations, Rational Expectations, and Bayesian Analysis
• Learning to Believe in Sunspots
• Rational Expectations Equilibria, Learning, and Model Specification
• Expectational Stability and the Multiple Equilibria Problem in Linear Rational Expectations Models
• On the Robustness of Bubbles in Linear RE Models
• Analysis of recursive stochastic algorithms
• Local Convergence of Recursive Learning to Steady States and Cycles in Stochastic Nonlinear Models
• Competitive Equilibrium Under Uncertainty