Showing 1 - 7 of 7
We consider the robust stability of a rational expectations equilibrium, which we define as stability under discounted (constant gain) least-squares learning, for a range of gain parameters. We find that for operational forms of policy rules, ie rules that do not depend on contemporaneous values...
Persistent link: https://www.econbiz.de/10012726161
Persistent link: https://www.econbiz.de/10012486011
Persistent link: https://www.econbiz.de/10011590188
Persistent link: https://www.econbiz.de/10011694755
Persistent link: https://www.econbiz.de/10012008592
Persistent link: https://www.econbiz.de/10011978155
Persistent link: https://www.econbiz.de/10011871638