Details about George William Evans

E-mail:
Homepage:	http://darkwing.uoregon.edu/~gevans/
Phone:	541-346-4662
Postal address:	Department of Economics, 1285 University of Oregon, Eugene, OR 97403-1285 USA
Workplace:	Department of Economics, University of Oregon, (more information at EDIRC)

Access statistics for papers by George William Evans.

Last updated 2009-09-09. Update your information in the RePEc Author Service.

Short-id: pev4

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Jump to Journal Articles Chapters

Working Papers

2009

1. A Model of Near-Rational Exuberance
   CDMA Working Paper Series, Centre for Dynamic Macroeconomic Analysis
   Also in Working Papers, Federal Reserve Bank of St. Louis (2007) View citations

2008

2. Anticipated Fiscal Policy and Adaptive Learning
   University of Oregon Economics Department Working Papers, University of Oregon Economics Department
   Also in CDMA Working Paper Series, Centre for Dynamic Macroeconomic Analysis (2007)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007)
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2007)
3. Expectations, Learning and Monetary Policy: An Overview of Recent Rersearch
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
   Also in CDMA Working Paper Series, Centre for Dynamic Macroeconomic Analysis (2008) View citations
   Working Papers Central Bank of Chile, Central Bank of Chile (2008) View citations
   Research Discussion Papers, Bank of Finland (2007) View citations
4. Generalized Stochastic Gradient Learning
   University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
   Also in NBER Technical Working Papers, National Bureau of Economic Research, Inc (2005) View citations
   CESifo Working Paper Series, CESifo Group Munich (2005) View citations
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2005) View citations
5. Learning about Risk and Return: A Simple Model of Bubbles and Crashes
   University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
6. Learning and Macroeconomics
   University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
7. Robust Learning Stability with Operational Monetary Policy Rules
   CDMA Working Paper Series, Centre for Dynamic Macroeconomic Analysis
   Also in Research Discussion Papers, Bank of Finland (2007) View citations
   Working Papers Central Bank of Chile, Central Bank of Chile (2008)
   CDMA Conference Paper Series, Centre for Dynamic Macroeconomic Analysis
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008)

2007

8. Liquidity Traps, Learning and Stagnation
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations
   Also in University of Oregon Economics Department Working Papers, University of Oregon Economics Department (2007)
   Kiel Working Papers, Kiel Institute for the World Economy (2007)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007)
   See also Journal Article in European Economic Review (2008)
9. Monetary Policy, Endogenous Inattention, and the Volatility Trade-off
   University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
   Also in Working Paper, Federal Reserve Bank of Cleveland (2004) View citations
   2006 Meeting Papers, Society for Economic Dynamics (2006) View citations
   See also Journal Article in Economic Journal (2009)
10. Monetary policy, judgment and near-rational exuberance
    Working Papers, Federal Reserve Bank of St. Louis View citations
    See also Journal Article in American Economic Review (2008)
11. Policy Interaction, Learning and the Fiscal Theory of Prices
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
    Also in Research Discussion Papers, Bank of Finland (2002) View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations
    See also Journal Article in Macroeconomic Dynamics (2007)
12. Representations and Sunspot Stability
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department

2006

13. Adaptive Learning, Endogenous Inattention, and Changes in Monetary Policy
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
    Also in Working Paper, Federal Reserve Bank of Cleveland (2006)
14. Asset Return Dynamics and Learning
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
15. Can Perpetual Learning Explain the Forward Premium Puzzle?
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
    See also Journal Article in Journal of Monetary Economics (2008)
16. Implementing Optimal Monetary Policy in New-Keynesian Models with Inertia
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
17. Model Uncertainty and Endogenous Volatility
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
    Also in Computing in Economics and Finance 2005, Society for Computational Economics (2005) View citations
    See also Journal Article in Review of Economic Dynamics (2007)
18. Near-Rational Exuberance
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department
    Also in Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2005) View citations
    2004 Meeting Papers, Society for Economic Dynamics (2004)
    Working Papers, Federal Reserve Bank of St. Louis (2004)
    Working Paper Series, European Central Bank (2005) View citations
19. Optimal Constrained Interest-rate Rules
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department
    Also in Computing in Economics and Finance 2004, Society for Computational Economics (2004)
    See also Journal Article in Journal of Money, Credit and Banking (2007)
20. Stable Finite-State Markov Sunspots
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department

2005

21. A Simple Recursive Forecasting Model
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
    See also Journal Article in Economics Letters (2006)
22. An Interview with Thomas J. Sargent
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
    Also in CESifo Working Paper Series, CESifo Group Munich (2005) View citations
    See also Journal Article in Macroeconomic Dynamics (2005)
23. Are Hyperinflationary Paths Learnable?
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
24. Coordination on Saddle-Path Solutions: The Eductive Viewpoint -- Linear Multivariate Models
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
    Also in DELTA Working Papers, DELTA (Ecole normale supérieure) (2003) View citations
    See also Journal Article in Journal of Economic Theory (2005)
25. Indeterminacy and the Stability Puzzle in Non-Convex Economies
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
    See also Journal Article in Contributions to Macroeconomics (2005)
26. Monetary Policy, Expectations and Commitment
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations
    Working Paper Series, European Central Bank (2002) View citations
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department (2004) View citations
    See also Journal Article in Scandinavian Journal of Economics (2006)
27. Stable Sunspot Equilibira in a Cash-in-Advance Economy
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department
    Also in CESifo Working Paper Series, CESifo Group Munich (2001) View citations
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2005)
    See also Journal Article in Advances in Macroeconomics (2007)
28. The E-correspondence Principle
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
    Also in CESifo Working Paper Series, CESifo Group Munich (2004)
    See also Journal Article in Economica (2007)

2004

29. "Adaptive Expectations, Underparameterization and the Lucas Critique
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
    Also in University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego (2001) View citations
    See also Journal Article in Journal of Monetary Economics (2006)
30. Adaptive Learning and Monetary Policy Design
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
    Also in Macroeconomics, EconWPA (2004) View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2003) View citations
    Research Discussion Papers, Bank of Finland (2002) View citations
    See also Journal Article in Proceedings (2003)
31. Are Stationary Hyperinflation Paths Learnable?
    CFS Working Paper Series, Center for Financial Studies View citations
    Also in CESifo Working Paper Series, CESifo Group Munich (2003) View citations
32. Friedman’s money supply rule vs optimal interest rate policy
    Macroeconomics, EconWPA
    Also in Research Discussion Papers, Bank of Finland (2003) View citations
    See also Journal Article in Scottish Journal of Political Economy (2003)
33. Intrinsic Heterogeneity in Expectation Formation
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
    Also in Computing in Economics and Finance 2003, Society for Computational Economics (2003) View citations
    See also Journal Article in Journal of Economic Theory (2006)
34. Monetary Policy and Stable Indeterminacy with Inertia
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
    See also Journal Article in Economics Letters (2005)
35. Monetary Policy, Indeterminacy and Learning
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department
    Also in CFS Working Paper Series, Center for Financial Studies (2003) View citations
    See also Journal Article in Journal of Economic Dynamics and Control (2005)
36. Policy Interaction, Expectations and the Liquidity Trap
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
    Also in Working Paper, Federal Reserve Bank of Atlanta (2003) View citations
    Macroeconomics, EconWPA (2004) View citations
    Research Discussion Papers, Bank of Finland (2003) View citations
    See also Journal Article in Review of Economic Dynamics (2005)

2003

37. Comment on "Imperfect Knowledge, Inflation Expectations and Monetary Policy" by Athanasios Orphanides and John C. Williams
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department
38. Freidman's Money Supply Rule versus Optimal Interest Rate Policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in University of Oregon Economics Department Working Papers, University of Oregon Economics Department (2003) View citations
39. Policy Interaction, Expectation and Liquidity Trap
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
40. Stable Sunspot Solutions in Models with Predetermined Variables
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
    See also Journal Article in Journal of Economic Dynamics and Control (2005)

2002

41. Existence of Adaptively Stable Sunspot Equilibria near an Indeterminate Steady State
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
    Also in CESifo Working Paper Series, CESifo Group Munich (2001) View citations
    See also Journal Article in Journal of Economic Theory (2003)
42. Expectational Stability of Stationary Sunspot Equilibria in a Forward-looking Linear Model
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
    See also Journal Article in Journal of Economic Dynamics and Control (2003)
43. Stable Noisy K-state Markov Sunspots
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department

2001

44. Coordination on saddle path solutions: the eductive viewpoint
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department View citations
45. Expectational Stability of Resonant Frequency Sunspot Equilibria
    CESifo Working Paper Series, CESifo Group Munich View citations
46. Expectations and the Stability Problem for Optimal Monetary Policies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank, Research Centre (2000) View citations
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department (2001) View citations
    University of Helsinki, Department of Economics, Department of Economics (2000) View citations
    See also Journal Article in Review of Economic Studies (2003)

1999

47. Coordination on Saddle Path Solutions: the Eductive Viewpoint. 1- Linear Univariate Models
    Working Papers, Laval - Laboratoire Econometrie
    Also in DELTA Working Papers, DELTA (Ecole normale supérieure) (1999)
    See also Journal Article in Macroeconomic Dynamics (2003)

1998

48. Stochastic Gradient Learning in the Cobweb Model
    University of Helsinki, Department of Economics, Department of Economics View citations
    See also Journal Article in Economics Letters (1998)

1996

49. Convergence in Monetary Inflation Models with Heterogeneous Learning Rules
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See also Journal Article in Macroeconomic Dynamics (2001)
50. Convergence of Learning Algorithms without a Projection Facility
    CESifo Working Paper Series, CESifo Group Munich View citations
    See also Journal Article in Journal of Mathematical Economics (1998)
51. Economic Dynamics with Learning: New Stability Results
    CESifo Working Paper Series, CESifo Group Munich View citations
    Also in Computing in Economics and Finance 1997, Society for Computational Economics View citations
    See also Journal Article in Review of Economic Studies (1998)
52. Growth Cycles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Home Pages, Stanford University View citations
    See also Journal Article in American Economic Review (1998)

1995

53. Calculation, Adaptation, and Rational Expectations
    University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego View citations
    Also in University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego (1995)
    See also Journal Article in Macroeconomic Dynamics (1998)

1993

54. Adaptive Forecasts
    CEP Discussion Papers, Centre for Economic Performance, LSE
55. Information, Forecasts and Measurement of the Business Cycle
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See also Journal Article in Journal of Monetary Economics (1994)

1992

56. Adaptive Learning and Expectational Stability: An Introduction - (Now published as Ch.4 in Learning Rationality in Economics, A Kirman and M Salmon (eds), 1995, Basil Blackwell, Oxford), pp.102-126.)
    STICERD - Theoretical Economics Paper Series, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE
57. Expectation Calculation, Hyperinflation and Currency Collapse
    University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego View citations
58. Information
    CEP Discussion Papers, Centre for Economic Performance, LSE View citations
59. Local Convergence of Recursive Learning to Steady States and Cycles in Stochastic Nonlinear Models - (Now published in Econometrica, vol.63 (1995), pp.195-206.)
    STICERD - Theoretical Economics Paper Series, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE
60. On the Local Stability of Sunspot Equilibria Under Adaptive Learning Rules - (Now published in Journal of Economic Theory, vol.64 (1994), pp.142-161.)
    STICERD - Theoretical Economics Paper Series, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE
61. Rationalizability, Strong Rationality and Expectational Stability
    DELTA Working Papers, DELTA (Ecole normale supérieure)
    See also Journal Article in Games and Economic Behavior (1993)
62. Rationalizability, Strong Rationality and Expectational Stability (Now published in Games and Economic Behavior, Special Issue on Learning Dynamics, vol.5 (Oct. 1993), pp.632-646).)
    STICERD - Theoretical Economics Paper Series, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE

1991

63. On the Preservation of Deterministic Cycles when some Agents Perceive them to be Random Fluctuations (Now published in Journal of Economic Dynamics and Control, vol.17 (1993), pp.705-721.)
    STICERD - Theoretical Economics Paper Series, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE

1990

64. Learning, Convergence, and Stability with Multiple Rational Expectations Equilibria - (Now published in European Economic Review, vol.38 (1994), pp.1071-1098.)
    STICERD - Theoretical Economics Paper Series, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE

1989

65. Expectation Calculation and Macroeconomic Dynamics (Now published in American Economic Review, (March 1992).)
    STICERD - Theoretical Economics Paper Series, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE
66. On the Robustness of Bubbles in Linear RE Models (Now published in International Economic Review, vol.33, No.1 (1992), pp.1-14.)
    STICERD - Theoretical Economics Paper Series, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE

1988

67. Calculation Equilibria
    Working Papers, Stanford - Institute for Thoretical Economics

Journal Articles

2009

1. Monetary Policy, Endogenous Inattention and the Volatility Trade-off
   Economic Journal, 2009, 119, (534), 123-157
   See also Working Paper (2007)

2008

2. Can perpetual learning explain the forward-premium puzzle?
   Journal of Monetary Economics, 2008, 55, (3), 477-490 View citations
   See also Working Paper (2006)
3. Liquidity traps, learning and stagnation
   European Economic Review, 2008, 52, (8), 1438-1463
   See also Working Paper (2007)
4. Monetary Policy, Judgment, and Near-Rational Exuberance
   American Economic Review, 2008, 98, (3), 1163-77
   See also Working Paper (2007)
5. Monetary and Fiscal Policy under Learning in the Presence of a Liquidity Trap
   Monetary and Economic Studies, 2008, 26, 59-86

2007

6. Model Uncertainty and Endogenous Volatility
   Review of Economic Dynamics, 2007, 10, (2), 207-237
   See also Working Paper (2006)
7. Optimal Constrained Interest-Rate Rules
   Journal of Money, Credit and Banking, 2007, 39, (6), 1335-1356 View citations
   See also Working Paper (2006)
8. POLICY INTERACTION, LEARNING, AND THE FISCAL THEORY OF PRICES
   Macroeconomic Dynamics, 2007, 11, (05), 665-690 View citations
   See also Working Paper (2007)
9. Stable Sunspot Equilibria in a Cash-in-Advance Economy
   Advances in Macroeconomics, 2007, 7, (1), 1165-1165 View citations
   See also Working Paper (2005)
10. The E-Correspondence Principle
    Economica, 2007, 74, (293), 33-50
    See also Working Paper (2005)

2006

11. A simple recursive forecasting model
    Economics Letters, 2006, 91, (2), 158-166 View citations
    See also Working Paper (2005)
12. Adaptive expectations, underparameterization and the Lucas critique
    Journal of Monetary Economics, 2006, 53, (2), 249-264 View citations
    See also Working Paper (2004)
13. Are hyperinflation paths learnable?
    Journal of Economic Dynamics and Control, 2006, 30, (12), 2725-2748 View citations
14. Intrinsic heterogeneity in expectation formation
    Journal of Economic Theory, 2006, 127, (1), 264-295 View citations
    See also Working Paper (2004)
15. Monetary Policy, Expectations and Commitment
    Scandinavian Journal of Economics, 2006, 108, (1), 15-38 View citations
    See also Working Paper (2005)

2005

16. AN INTERVIEW WITH THOMAS J. SARGENT
    Macroeconomic Dynamics, 2005, 9, (04), 561-583 View citations
    See also Working Paper (2005)
17. Coordination on saddle-path solutions: the eductive viewpoint--linear multivariate models
    Journal of Economic Theory, 2005, 124, (2), 202-229 View citations
    See also Working Paper (2005)
18. Indeterminacy and the Stability Puzzle in Non-Convex Economies
    Contributions to Macroeconomics, 2005, 5, (1), 1264-1264 View citations
    See also Working Paper (2005)
19. Monetary policy and stable indeterminacy with inertia
    Economics Letters, 2005, 87, (1), 1-7 View citations
    See also Working Paper (2004)
20. Monetary policy, indeterminacy and learning
    Journal of Economic Dynamics and Control, 2005, 29, (11), 1809-1840 View citations
    See also Working Paper (2004)
21. Policy Interaction, Expectations and the Liquidity Trap
    Review of Economic Dynamics, 2005, 8, (2), 303-323 View citations
    See also Working Paper (2004)
22. Stable sunspot solutions in models with predetermined variables
    Journal of Economic Dynamics and Control, 2005, 29, (4), 601-625 View citations
    See also Working Paper (2003)
23. The design of monetary and fiscal policy: a global perspective - comments
    Proceedings, 2005

2003

24. Adaptive learning and monetary policy design
    Proceedings, 2003, 1045-1084 View citations
    See also Working Paper (2004)
25. COORDINATION ON SADDLE-PATH SOLUTIONS: THE EDUCTIVE VIEWPOINT LINEAR UNIVARIATE MODELS
    Macroeconomic Dynamics, 2003, 7, (01), 42-62 View citations
    See also Working Paper (1999)
26. Existence of adaptively stable sunspot equilibria near an indeterminate steady state
    Journal of Economic Theory, 2003, 111, (1), 125-134 View citations
    See also Working Paper (2002)
27. Expectational stability of stationary sunspot equilibria in a forward-looking linear model
    Journal of Economic Dynamics and Control, 2003, 28, (1), 171-181 View citations
    See also Working Paper (2002)
28. Expectations and the Stability Problem for Optimal Monetary Policies
    Review of Economic Studies, 2003, 70, (4), 807-824 View citations
    See also Working Paper (2001)
29. Friedman's Money Supply Rule vs. Optimal Interest Rate Policy
    Scottish Journal of Political Economy, 2003, 50, (5), 550-566
    See also Working Paper (2004)
30. INTRODUCTION TO THE SPECIAL ISSUE: COORDINATION IN DYNAMIC EXPECTATIONS MODELS: LEARNING AND SUNSPOTS
    Macroeconomic Dynamics, 2003, 7, (01), 3-6

2001

31. CONVERGENCE IN MONETARY INFLATION MODELS WITH HETEROGENEOUS LEARNING RULES
    Macroeconomic Dynamics, 2001, 5, (01), 1-31 View citations
    See also Working Paper (1996)

2000

32. exposita notes: Convergence for difference equations with vanishing time-dependence, with applications to adaptive learning
    Economic Theory, 2000, 15, (3), 717-725 View citations

1998

33. CALCULATION, ADAPTATION AND RATIONAL EXPECTATIONS
    Macroeconomic Dynamics, 1998, 2, (02), 156-182 View citations
    See also Working Paper (1995)
34. Convergence of learning algorithms without a projection facility
    Journal of Mathematical Economics, 1998, 30, (1), 59-86 View citations
    See also Working Paper (1996)
35. Economic Dynamics with Learning: New Stability Results
    Review of Economic Studies, 1998, 65, (1), 23-44 View citations
    See also Working Paper (1996)
36. Growth Cycles
    American Economic Review, 1998, 88, (3), 495-515 View citations
    See also Working Paper (1996)
37. Stochastic gradient learning in the cobweb model
    Economics Letters, 1998, 61, (3), 333-337 View citations
    See also Working Paper (1998)

1996

38. Least squares learning with heterogeneous expectations
    Economics Letters, 1996, 53, (2), 197-201 View citations

1995

39. Local Convergence of Recursive Learning to Steady States and Cycles in Stochastic Nonlinear Models
    Econometrica, 1995, 63, (1), 195-206 View citations

1994

40. Convergence of least squares learning to a non-stationary equilibrium
    Economics Letters, 1994, 46, (2), 131-136 View citations
41. Information, forecasts, and measurement of the business cycle
    Journal of Monetary Economics, 1994, 33, (2), 233-254 View citations
    See also Working Paper (1993)
42. Learning, convergence, and stability with multiple rational expectations equilibria
    European Economic Review, 1994, 38, (5), 1071-1098 View citations
43. On the Local Stability of Sunspot Equilibria under Adaptive Learning Rules
    Journal of Economic Theory, 1994, 64, (1), 142-161 View citations

1993

44. Adaptive forecasts, hysteresis, and endogenous fluctuations
    Economic Review, 1993, 3-13 View citations
45. Learning and economic fluctuations: Using fiscal policy to steer expectations
    European Economic Review, 1993, 37, (2-3), 595-602
46. On the preservation of deterministic cycles when some agents perceive them to be random fluctuations
    Journal of Economic Dynamics and Control, 1993, 17, (5-6), 705-721 View citations
47. Rationalizability, Strong Rationality, and Expectational Stability
    Games and Economic Behavior, 1993, 5, (4), 632-646 View citations
    See also Working Paper (1992)
48. Sectoral Imbalance and Unemployment in the United Kingdom: 1963-84
    Oxford Economic Papers, 1993, 45, (3), 440-56

1992

49. Expectation Calculation and Macroeconomic Dynamics
    American Economic Review, 1992, 82, (1), 207-24 View citations
50. On the Robustness of Bubbles in Linear RE Models
    International Economic Review, 1992, 33, (1), 1-14 View citations

1991

51. Pitfalls in Testing for Explosive Bubbles in Asset Prices
    American Economic Review, 1991, 81, (4), 922-30 View citations

1989

52. A measure of the U.S. output gap
    Economics Letters, 1989, 29, (4), 285-289 View citations
53. Output and Unemployment Dynamics in the United States: 1950-1985
    Journal of Applied Econometrics, 1989, 4, (3), 213-37 View citations
54. The Conduct of Monetary Policy and the Natural Rate of Unemployment: A Note
    Journal of Money, Credit and Banking, 1989, 21, (4), 498-507
55. The fragility of sunspots and bubbles
    Journal of Monetary Economics, 1989, 23, (2), 297-317 View citations

1987

56. The structure of ARMA solutions to a general linear model with rational expectations
    Journal of Economic Dynamics and Control, 1987, 11, (1), 79-91

1986

57. A Complete Characterization of ARMA Solutions to Linear Rational Expectations Models
    Review of Economic Studies, 1986, 53, (2), 227-39 View citations
58. A Test for Speculative Bubbles in the Sterling-Dollar Exchange Rate: 1981-84
    American Economic Review, 1986, 76, (4), 621-36 View citations
59. Selection criteria for models with non-uniqueness
    Journal of Monetary Economics, 1986, 18, (2), 147-157 View citations

1985

60. Bottlenecks and the Phillips Curve: A Disaggregated Keynesian Model of Inflation, Output, and Unemployment
    Economic Journal, 1985, 95, (378), 345-57 View citations
61. Expectational Stability and the Multiple Equilibria Problem in Linear Rational Expectations Models
    The Quarterly Journal of Economics, 1985, 100, (4), 1217-33 View citations

1984

62. Tests for Rationality of the Carlson-Parkin Inflation Expectations Data
    Oxford Bulletin of Economics and Statistics, 1984, 46, (1), 1-19 View citations

Chapters

1999

1. Learning dynamics
   Chapter 07 in Handbook of Macroeconomics, 1999, vol. 1, Part A, pp 449-542 View citations