Learning about marriage quality has been proposed as a key mechanism for explaining how the probability of divorce … divorce, three of which include learning. I use data from the Survey of Income and Program Participation to test reduced form … implications of these models. The data is inconsistent with models including a substantial amount of learning. On the other hand …

time spent in the urban environment (and thus learning), or job changes. The evidence suggests that both these processes …

distinguish between these two shocks and, under incomplete learning, private perceptions of the inflation target will not equal …

policymakers, learning from the experience of the 1970s, eschewed activist policies in favor of policies that concentrated on the …

intuitively appealing explanation, based on regime switching in the real interest rate and learning, of why tests based on the …

education on health behavior is the same between those with and without a learning disability, suggesting that cognition is not …

: rational expectations and learning. We show that in this environment the ability to stabilize the real side of the economy is … private learning and misperceptions of natural rates call for greater policy inertia, a more aggressive response to inflation … economy. We show that such policies are quite robust to potential misspecification of private sector learning and the …

learning from experience that also allows for heterogeneity in both private information and updating. Our model vastly …