Hostname: page-component-78c5997874-v9fdk Total loading time: 0 Render date: 2024-11-17T09:32:50.231Z 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
Get access Rights & Permissions [Opens in a new window]

Abstract

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.

Keywords

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

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)