This paper investigates potential nonlinearities in the gain function, which, under adaptive learning, regulates the updating of agents' beliefs in response to recent forecast errors. I use data on professional survey forecasts to estimate nonparametric functional-coefficient regression models....

This paper investigates potential nonlinearities in the gain function, which, under adaptive learning, regulates the updating of agents' beliefs in response to recent forecast errors. I use data on professional survey forecasts to estimate nonparametric functional-coefficient regression models....

Far-right parties frequently mobilize anti-refugee sentiment during periods of high asylum migration. Prior work shows that exposure to transit routes and regional inflows tends to raise far-right support, whereas direct local contact with asylum seekers can dampen it. Yet much of the sharp rise...

Far-right parties frequently mobilize anti-refugee sentiment during periods of high asylum migration. Prior work shows that exposure to transit routes and regional inflows tends to raise far-right support, whereas direct local contact with asylum seekers can dampen it. Yet much of the sharp rise...