On learning to forecast in an endogenous
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Jaime Alonso-Carrera
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Article
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2001
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Elsevier Science
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English
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This paper investigates whether learning leads to &perfect foresight' in a growth model that might present local indeterminacy of perfect foresight equilibria. The paper asserts that, under some parametric conditions on technology and preferences, equilibria under the assumption of learning converge