Search Results - subject:"Eâ€”stability"

On learnability of Eâ€“stable equilibria

Slobodyan, Sergey; Christev, Atanas - Society for Computational Economics - SCE - 2006

(REE) which are Eâ€“stable, some recent examples propose that Eâ€“stability is not a sufficient condition for learnability …. In this paper, we provide some further evidence on the conditions under which Eâ€“stability of a particular equilibrium …

Persistent link: https://www.econbiz.de/10005342872

Stochastic Gradient versus Recursive Least Squares Learning

Slobodyan, Sergey; Bogomolova, Anna; Kolyuzhnov, Dmitri - Society for Computational Economics - SCE - 2006

In this paper we perform an inâ€”depth investigation of relative merits of two adaptive learning algorithms with constant gain, Recursive Least Squares (RLS) and Stochastic Gradient (SG), using the Phelps model of monetary policy as a testing ground. The behavior of the two learning...

Persistent link: https://www.econbiz.de/10005342959