Hostname: page-component-74656f9884-rdgjk Total loading time: 0 Render date: 2026-11-08T12:14:56.246Z Has data issue: false hasContentIssue false
  • English
  • Français

EVOLUTIONARY ALGORITHMS IN MACROECONOMIC MODELS

Published online by Cambridge University Press:  05 October 2000

Jasmina Arifovic
Jasmina Arifovic
Affiliation:
Simon Fraser University and California Institute of Technology
Rights & Permissions [Opens in a new window]

Abstract

Core share and HTML view are not available for this content. However, as you have access to this content, a full PDF is available via the 'Save PDF' action button.

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

Keywords

LearningEvolutionary DynamicsMacroeconomic Environments

Information

Type
MD Survey
Information
Macroeconomic Dynamics , Volume 4 , Issue 3 , September 2000 , pp. 373 - 414
Copyright
© 2000 Cambridge University Press