Essec\Faculty\Model\Contribution {#2233 ▼
#_index: "academ_contributions"
#_id: "1751"
#_source: array:26 [
"id" => "1751"
"slug" => "1751-learning-can-generate-long-memory"
"yearMonth" => "2017-05"
"year" => "2017"
"title" => "Learning can generate long memory"
"description" => "CHEVILLON, G. et MAVROEIDIS, S. (2017). Learning can generate long memory. <i>Journal of Econometrics</i>, 198(1), pp. 1-9. 
CHEVILLON, G. et MAVROEIDIS, S. (2017). Learning can generate long memory. <i>Journal of Econometric "
"authors" => array:2 [
0 => array:3 [
"name" => "CHEVILLON Guillaume"
"bid" => "B00072304"
"slug" => "chevillon-guillaume"
]
1 => array:1 [
"name" => "MAVROEIDIS S."
]
]
"ouvrage" => ""
"keywords" => array:4 [
0 => "Long memory"
1 => "Recursive least squares"
2 => "Decreasing gain learning"
3 => "New Keynesian Phillips curve"
]
"updatedAt" => "2021-09-24 10:33:27"
"publicationUrl" => "https://www.sciencedirect.com/science/article/abs/pii/S0304407617300027"
"publicationInfo" => array:3 [
"pages" => "1-9"
"volume" => "198"
"number" => "1"
]
"type" => array:2 [
"fr" => "Articles"
"en" => "Journal articles"
]
"support_type" => array:2 [
"fr" => "Revue scientifique"
"en" => "Scientific journal"
]
"countries" => array:2 [
"fr" => null
"en" => null
]
"abstract" => array:2 [
"fr" => "We study learning dynamics in a prototypical representative-agent forward-looking model in which agents’ beliefs are updated using linear learning algorithms. We show that learning in this model can generate long memory endogenously, without any persistence in the exogenous shocks, depending on the weights agents place on past observations when they update their beliefs, and on the magnitude of the feedback from expectations to the endogenous variable. This is distinctly different from the case of rational expectations, where the memory of the endogenous variable is determined exogenously. We study learning dynamics in a prototypical representative-agent forward-looking model in which age "
"en" => "We study learning dynamics in a prototypical representative-agent forward-looking model in which agents’ beliefs are updated using linear learning algorithms. We show that learning in this model can generate long memory endogenously, without any persistence in the exogenous shocks, depending on the weights agents place on past observations when they update their beliefs, and on the magnitude of the feedback from expectations to the endogenous variable. This is distinctly different from the case of rational expectations, where the memory of the endogenous variable is determined exogenously. We study learning dynamics in a prototypical representative-agent forward-looking model in which age "
]
"authors_fields" => array:2 [
"fr" => "Systèmes d'Information, Data Analytics et Opérations"
"en" => "Information Systems, Data Analytics and Operations"
]
"indexedAt" => "2025-04-05T16:21:40.000Z"
"docTitle" => "Learning can generate long memory"
"docSurtitle" => "Articles"
"authorNames" => "<a href="/cv/chevillon-guillaume">CHEVILLON Guillaume</a>, MAVROEIDIS S."
"docDescription" => "<span class="document-property-authors">CHEVILLON Guillaume, MAVROEIDIS S.</span><br><span class="document-property-authors_fields">Systèmes d'Information, Data Analytics et Opérations</span> | <span class="document-property-year">2017</span> <span class="document-property-authors">CHEVILLON Guillaume, MAVROEIDIS S.</span><br><span class="do "
"keywordList" => "<a href="#">Long memory</a>, <a href="#">Recursive least squares</a>, <a href="#">Decreasing gain learning</a>, <a href="#">New Keynesian Phillips curve</a> <a href="#">Long memory</a>, <a href="#">Recursive least squares</a>, <a href="#">Decreasing gain le "
"docPreview" => "<b>Learning can generate long memory</b><br><span>2017-05 | Articles </span>"
"docType" => "research"
"publicationLink" => "<a href="https://www.sciencedirect.com/science/article/abs/pii/S0304407617300027" target="_blank">Learning can generate long memory</a> <a href="https://www.sciencedirect.com/science/article/abs/pii/S0304407617300027" target="_blank">Le "
]
+lang: "fr"
+"_type": "_doc"
+"_score": 9.32468
+"parent": null
}
