Least mean squares learning in self-referential linear stochastic models

Economics Letters

Volumn 57, Issue 3, 1997, Pages 313-317

  Barucci, Emilio ^a   Landi, Leonardo ^a  

^a UNIVERSITY OF FLORENCE   (Italy)

Author keywords

Least mean squares learning; Rational expectations equilibria

Indexed keywords

EID: 0031578592     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0165-1765(97)00202-4     Document Type: Article

References (6)

1. De Canio, S., 1979. Rational expectations and learning from experience. Quarterly Journal of Economics 93, 47-58.
2. Evans, G.W., 1985. Expectations stability and the multiple equilibria problem in Rational Expectations models. Quarterly Journal of Economics 100, 1217-1233.
3. Evans, G.W., Honkapohja, S., 1995. Adaptive learning and expectational stability: an introduction. In: Kirman, A., Salmon, M. (Eds.), Learning and Rationality in Economics. Blackwell, Oxford, pp. 102-126.
4. Ljung, L., 1977. Analysis of recursive stochastic algorithms. IEEE Transactions on Automatic Control AC-22 (4), 551-575.
5. Marcel, A., Sargent, T.J., 1989. Convergence of Least Squares learning mechanisms in self-referential linear stochastic models. Journal of Economic Theory 48, 337-368.
6. Widrow, B., 1971. Adaptive filters. In: Kalman, R.E., De Claris, N. (Eds.), Aspects of Network and Systems Theory. Holt and Rinehart and Winston, New York, pp. 563-587.