decarbonization and amplify current policies: growing substitutability of dirty inputs with clean inputs, learning and scale effects …

expectations by way of learning. The inspection of output and inflation variances show that a policy of reacting to excess money …

reinforcement learning. …

This paper provides evidence that learning about demand is an important driver of firms' dynamics. We present a simple … model with Bayesian learning in which firms are uncertain about their idiosyncratic demand parameter in each of the markets … their beliefs following a new demand shock, the younger they are. To test this learning mechanism, we make use of a specific …