Adaptive learning with a unit root: an application to the current account

DOI10.1016/J.JEDC.2009.08.004zbMATH Open1182.91116OpenAlexW2090835844MaRDI QIDQ846510FDOQ846510

Authors: Ronald B. Davies, Paul Shea 

Publication date: 9 February 2010

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2009.08.004

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zbMATH Keywords

adaptive learningexpectationscurrent accountinternational debt movements

Mathematics Subject Classification ID

Statistical methods; economic indices and measures (91B82) Economic dynamics (91B55) Stochastic models in economics (91B70) Heterogeneous agent models (91B69) Multisectoral models in economics (91B66)

Cites Work

• The Solution of Linear Difference Models under Rational Expectations
• LEARNING DYNAMICS AND ENDOGENOUS CURRENCY CRISES
• Stochastic gradient learning in the cobweb model
• Least mean squares learning in self-referential linear stochastic models

Cited In (1)

• On the initialization of adaptive learning in macroeconomic models

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