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 …

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 …

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 …