scholarly journals Conditions for Unique Solutions in Stochastic Macroeconomic Models with Rational Expectations

Econometrica ◽  
1989 ◽  
Vol 57 (1) ◽  
pp. 273
Author(s):  
John B. Taylor
Keyword(s):  
Rational Expectations ◽  
Macroeconomic Models

EVOLUTIONARY ALGORITHMS IN MACROECONOMIC MODELS

2000 ◽  
Vol 4 (3) ◽  
pp. 373-414 ◽  
Author(s):  
Jasmina Arifovic
Keyword(s):  
Evolutionary Algorithms ◽  
Rational Expectations ◽  
Evolutionary Dynamics ◽  
Equilibrium Selection ◽  
Transitional Dynamics ◽  
Rational Expectations Equilibrium ◽  
Macroeconomic Models ◽  
Stability Of Equilibria ◽  
Long Run

This paper provides a survey of the applications of evolutionary algorithms in macroeconomic models. Discussion is organized around the issues related to stability of equilibria, equilibrium selection, transitional dynamics, and the long-run evolutionary dynamics different from rational-expectations equilibrium outcomes. The survey also discusses criteria that can be used to evaluate the performance and usefulness of evolutionary algorithms in the macroeconomic context.

Non-cooperative Equilibria in Macroeconomic Models with Rational Expectations

1989 ◽  
Vol 22 (5) ◽  
pp. 43-50
Author(s):  
P. Levine ◽  
J. Pearlman ◽  
J. Gaines
Keyword(s):  
Rational Expectations ◽  
Macroeconomic Models
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