Title of article
Learning and the saddle point property
Author/Authors
Gauthier، Stéphane نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2001
Pages
-338
From page
339
To page
0
Abstract
This note shows that there are close connections between the determinacy of a stationary state equilibrium and its stability under learning whenever agents try to estimate both the law of motion of the state variable and the stationary state value.
Keywords
Granger causality , Spurious causality , Non-stationary time series
Journal title
Economics Letters
Serial Year
2001
Journal title
Economics Letters
Record number
21819
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