Saddlepath learning
Saddlepath learning occurs when agents learn adaptively using a perceived law of motion that has the same form as the saddlepath relationship in rational expectations equilibrium. Under saddlepath learning, we obtain a completely general relationship between determinacy and e-stability, and general...
Main Authors: | Ellison, M, Pearlman, J |
---|---|
Format: | Working paper |
Udgivet: |
University of Oxford
2010
|
Lignende værker
-
Saddlepath learning.
af: Ellison, M, et al.
Udgivet: (2011) -
Saddlepath learning
af: Ellison, M, et al.
Udgivet: (2011) -
Solving a Saddlepath Unstable Model with Complex-Valued Eigenvalues.
af: Stemp, P, et al.
Udgivet: (2003) -
Solving a saddlepath unstable model with complex-valued eigenvalues
af: Stemp, P, et al.
Udgivet: (2003) -
Learning by disinflating
af: Ellison, M, et al.
Udgivet: (2011)