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13-014/II - Behavioral Learning Equilibria


  • Authors
    Cars Hommes, University of Amsterdam; Mei Zhu, Shanghai University of Finance and Economics
  • Publication date
    January 14, 2013
  • Keywords
    Bounded rationality; Stochastic consistent expectations equilibrium; Adaptive learning; Excess volatility; Inflation persistence
  • JEL
    E30; C62; D83; D84