Learning and Endogenous Business Cycles in a Standard Growth Model



Appendix


α

e

n

δ

β (Y = 1)

β (Y = 0.02) β (Y = 0.09)

~0~4~

0.00387

0.00298

0.01227

0.98946

0.98572      0.98598

Table 1: Parameter Values


Figure A1: 0 < Gi 1 and a < 1 + Gi


Figure A2: 0 < Gi 1 and a < 1


Figure A3: 0 < Gi 1 and 1 < a < 1 + Gi


15




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