Expectation Formation and Endogenous Fluctuations in Aggregate Demand



[24] Hommes, С. (1991), "Adaptive Learning and Roads to Chaos: The Case
of the Cobweb," Economic Letters 1991, pp. 127-132.

[25] Hommes, C. (1994), "Dynamics of the Cobweb Model with Adaptive Expec-
tations and Nonlinear Supply and Demand," Journal of Economic Behavior
and Organization 24, pp. 315-335.

[26] Hommes, C. (1998), "On the Consistency of Backward-Looking Expec-
tations: The Case of the Cobweb," Journal of Economic Behavior and
Organization 33, pp. 333-362.

[27] Jousten, Alain (1998), “Consumer Behavior and Failure to Account for
Risk,” unpublished manuscript.

[28] Kalecki, Michal (1938), ”The Determinants of Distribution of National In-
come,” Econometrica, 6, pp. 97-112.

[29] Kiyotaki, Nabuhiro (1988), ’’Multiple Expectation Equilibria and Monop-
olistic Competition,” Quarterly Journal of Economics, 102, pp. 695-714.

[30] Lucas, Robert E., Jr. (1987), Models of Business Cycle. Oxford: Basil
Blackwell.

[31] Lucas, Robert E., Jr. (1976), "EconometricPolicyEvaluation: ACritique."
Carnegie-Rochester Conference Series on Public Policy 1: pp. 19-46.

[32] Matsuyama, Kinimori (1999), ’Growing Through Cycles,” Econometrica,
67, March 1999, pp. 335-347.

[33] Matsuyama, Kinimori (2001), ’Growing Through Cycles in an Infinitely
Lived Agents Economy,” Journal of Economic Theory, 100, October 2001,
pp. 220-234.

[34] Marcet, Albert and Thomas Sargent (1988), "The Fate of Systems with
Adaptive Expectations," American Economic Review Papers and Proceed-
ings, 78, May 1988, pp. 168-172.

[35] Marcet, Albert and Thomas Sargent (1989a), "Convergence of Least
Squares Learning Mechanisms in Self-Referential Linear Stochastic Mod-
els," Journal of Economic Theory, 48, pp. 337-368.

[36] Marcet, Albert and Thomas Sargent (1989b), "Convergence of Least
Squares Learning in Environments with Hidden State Variables and Private
Information," Journal of Political Economy, 97, pp 1306-1322.

[37] Nerlove, M. (1958), "Adaptive Expectations and Cobweb Phenomena,"
Quarterly Journal of Economics, 73, pp. 227-240.

[38] Nyarko, Y. (1991), "Learning in Mis-Specified Models and the Possibility
of Cycles," Journal of Economic Theory, 55, pp. 416-427.

35



More intriguing information

1. The Tangible Contribution of R&D Spending Foreign-Owned Plants to a Host Region: a Plant Level Study of the Irish Manufacturing Sector (1980-1996)
2. The changing face of Chicago: demographic trends in the 1990s
3. ROBUST CLASSIFICATION WITH CONTEXT-SENSITIVE FEATURES
4. The name is absent
5. Towards a framework for critical citizenship education
6. The name is absent
7. Education Responses to Climate Change and Quality: Two Parts of the Same Agenda?
8. ARE VOLATILITY EXPECTATIONS CHARACTERIZED BY REGIME SHIFTS? EVIDENCE FROM IMPLIED VOLATILITY INDICES
9. The name is absent
10. The name is absent
11. The name is absent
12. NVESTIGATING LEXICAL ACQUISITION PATTERNS: CONTEXT AND COGNITION
13. Luce Irigaray and divine matter
14. For Whom is MAI? A theoretical Perspective on Multilateral Agreements on Investments
15. Nietzsche, immortality, singularity and eternal recurrence1
16. The name is absent
17. Ahorro y crecimiento: alguna evidencia para la economía argentina, 1970-2004
18. I nnovative Surgical Technique in the Management of Vallecular Cyst
19. The name is absent
20. The name is absent