Determinacy, Learnability, and Plausibility in Monetary Policy Analysis: Additional Results
收藏NBER2008-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w14164
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资源简介：
In a very broad class of dynamic linear models, if agents possess knowledge of current endogenous variables in a least-squares learning process, determinacy of a rational expectations (RE) equilibrium is sufficient but not necessary for learnability of that equilibrium. Thus, since learnability is
提供机构：
美国国家经济研究局
创建时间：
2008-07-01
