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Are stationary hyperinflation paths learnable?
Adam, Klaus; Evans, George W.; Honkapohja, Seppo - 2003
Earlier studies of the seigniorage inflation model have found that the high-inflation steady state is not stable under adaptive learning. We reconsider this issue and analyze the full set of solutions for the linearized model. Our main focus is on stationary hyperinflationary paths near the...
Persistent link: https://www.econbiz.de/10010298287
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Are hyperinflation paths learnable?
Adam, Klaus; Evans, George W.; Honkapohja, Seppo - In: Journal of economic dynamics & control 30 (2006) 12, pp. 2725-2748
Persistent link: https://www.econbiz.de/10003395625
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Are stationary hyperinflation paths learnable?
Adam, Klaus (contributor); Evans, George W. (contributor);  … - 2003
Persistent link: https://www.econbiz.de/10003350011
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Are stationary hyperinflation paths learnable?
Adam, Klaus (contributor); Evans, George W. (contributor);  … - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001759797
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Are stationary hyperinflation paths learnable?
Adam, Klaus; Evans, George W.; Honkapohja, Seppo - 2003
Earlier studies of the seigniorage inflation model have found that the high-inflation steady state is not stable under adaptive learning. We reconsider this issue and analyze the full set of solutions for the linearized model. Our main focus is on stationary hyperinflationary paths near the...
Persistent link: https://www.econbiz.de/10001776386
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Are Stationary Hyperinflation Paths Learnable?
Adam, Klaus; Evans, George W.; Honkapohja, Seppo - 2021
Earlier studies of the seigniorage inflation model have found that the high-inflation steady state is not stable under adaptive learning. We reconsider this issue and analyze the full set of solutions for the linearized model. Our main focus is on stationary hyperinflationary paths near the...
Persistent link: https://www.econbiz.de/10013319951
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Are stationary hyperinflation paths learnable?
Adam, Klaus; Evans, George W.; Honkapohja, Seppo - Center for Financial Studies - 2003
Earlier studies of the seigniorage inflation model have found that the high-inflation steady state is not stable under adaptive learning. We reconsider this issue and analyze the full set of solutions for the linearized model. Our main focus is on stationary hyperinflationary paths near the...
Persistent link: https://www.econbiz.de/10010958763
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Are hyperinflation paths learnable?
Adam, Klaus; Evans, George W.; Honkapohja, Seppo - In: Journal of Economic Dynamics and Control 30 (2006) 12, pp. 2725-2748
Persistent link: https://www.econbiz.de/10005205029
Cover Image
Are hyperinflation paths learnable?
Adam, Klaus; Evans, George W.; Honkapohja, Seppo - In: Journal of economic dynamics & control 30 (2006) 12, pp. 2725-2748
Persistent link: https://www.econbiz.de/10007298197
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Are Hyperinflation Paths Learnable?
Adam, Klaus; Evans, George W.; Honkapohja, Seppo - 2005
Earlier studies of the seigniorage inflation model have found that the high-inflation steady state is not stable under learning. We reconsider this issue and analyze the full set of solutions for the linearized model. Our main focus is on stationary hyperinflationary paths near the...
Persistent link: https://www.econbiz.de/10014061794