On learning and the nonuniqueness of equilibrium in an overlapping generations model with fiat money
From MaRDI portal
Publication:1342420
DOI10.1006/jeth.1994.1082zbMath0816.90029OpenAlexW2085090018MaRDI QIDQ1342420
Publication date: 11 January 1995
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1006/jeth.1994.1082
Related Items (12)
Adaptive learning and monetary exchange ⋮ Learning to believe in nonrational expectational that support Pareto-superior outcomes ⋮ On learning equilibria ⋮ Expectation formation in an overlapping generation model with production ⋮ Heterogeneous expectations and equilibria selection in an evolutionary overlapping generations model ⋮ Expectational diversity in monetary economies ⋮ Indeterminacy, sunspots, and development traps ⋮ Stable sunspot solutions in models with predetermined variables ⋮ Are hyperinflation paths learnable? ⋮ Determinacy and stability under learning of rational expectations equilibria ⋮ Learning and the saddle point property ⋮ IS MORE MEMORY IN EVOLUTIONARY SELECTION (DE)STABILIZING?
This page was built for publication: On learning and the nonuniqueness of equilibrium in an overlapping generations model with fiat money
