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

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