stability under private agent learning.Appropriately designed expectations based rules can yield optimal rational expectations …

We consider the robust stability of a rational expectations equilibrium, which we define as stability under discounted … exhibit robust stability. We consider a variety of interest-rate rules, including instrument rules, optimal reaction functions … Honkapohja (2003, 2006) deliver robust learning stability. In contrast, many proposed alternatives become unstable under learning …

the key results for interest-rate rules that deliver both uniqueness and stability of equilibrium under econometric …

We provide conditions for local stability and instability of an equilibrium point in certain systems of nonautonomous …

the key results about interest-rate rules that deliver both uniqueness and stability of equilibrium under econometric …

approximation based on an associated differential equation. Global stability, local stability and instability results for SRAs are … presented. For a wide range of solutions to economic models the stability conditions for REE under statistical learning rules … are given by the expectational stability principle, which is treated as a unifying principle for the results presented …

We consider “robust stability†of a rational expectations equilibrium, which we define as stability under discounted … exhibit robust stability. We consider a variety of interest-rate rules, including instrument rules, optimal reaction functions … Honkapohja (2003, 2006) deliver robust learning stability. In contrast, many proposed alternatives become unstable under learning …

expectational stability as a selection criterion for different equilibria and derive the expectational stability and instability …