Showing 1 - 10 of 19
, imagination and independence in children) to five different measures of religiosity, including beliefs and attendance. We control …
Persistent link: https://www.econbiz.de/10011213308
We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious … but sometimes erode religious beliefs; (ii) a government, endogenously in power, that can allow such innovations to spread …
Persistent link: https://www.econbiz.de/10011262883
. Bayesian learning implies that beliefs about the likelihood of rare disasters drop to a much more pessimistic level once a … disaster has occurred. Such a shift in beliefs can trigger massive declines in price-dividend ratios. Pessimistic beliefs … between rational and adaptive Bayesian learning. Rational learners account for the possibility of future changes in beliefs in …
Persistent link: https://www.econbiz.de/10009201120
educational bureaucracy. It is documented that the beliefs of that bureaucracy differ substantially from those of the broader … entropy defines how predictable one’s occupation is as a function of one’s beliefs. Heritability is the weight of the family …’s beliefs in the determination of the priors of a new generation. Both heritability and social entropy reduce the bias and makes …
Persistent link: https://www.econbiz.de/10005011855
supply disturbances. Combining this framework with reasoned conjectures on how policy-makers' beliefs have changed helps …
Persistent link: https://www.econbiz.de/10005067633
fall in inflation in the 1980s was attributed to the changing beliefs informing monetary policy. To explain the escape in …
Persistent link: https://www.econbiz.de/10005504556
beliefs on the average propensity to trade of the other group. Since conflict disrupts trade, the onset of a conflict signals … that the aggressor has a low propensity to trade. Agents observe the history of conflicts and update their beliefs over … process whose frequency depends on the state of endogenous beliefs. Second, the probability of future conflicts increases …
Persistent link: https://www.econbiz.de/10009003383
neighbors' past experiences influence policy choices through their effect on policymakers' beliefs. We estimate the model using …
Persistent link: https://www.econbiz.de/10008677235
learning by policymakers, who update their beliefs on the basis of their own experience and of the policies adopted by other … explains more than 90% of the variability of capital account policies. We find that over time beliefs about the growth effects … have changed slowly and not smoothly from negative to positive. However, at the outset of the Great Recession beliefs on …
Persistent link: https://www.econbiz.de/10011165647
This paper presents evidence on the speed of evolution (or lack thereof) of a wide range of values and beliefs of … very slowly to the prevailing US norm. Other, such as attitudes toward cooperation, redistribution, effort, children …
Persistent link: https://www.econbiz.de/10011083563