In this thesis we analyze the learnability of rational expectiations equilibria in three general equilibrium business cycle models. The economic example business cycles models comprise the basic real business cycles model, an increasing returns model and a model with both static and dynamic...

Learning with bounded memory in stochastic frameworks is incomplete in the sense that the learning dynamics cannot converge to an REE. The properties of the dunamics arising from such rules are studied for models with steady states. If in standard linear models the REE is in a certain sense...