Showing 1 - 4 of 4
benefits and limitations of central bank communications in a model of imperfect knowledge and learning. It is shown that the …
Persistent link: https://www.econbiz.de/10010321593
We demonstrate that heat inhibits learning and that school air-conditioning mitigates this effect. Student fixed … heat being particularly damaging. Weekend and summer heat has little impact, suggesting heat directly disrupts learning … simple benefit-cost tests. Without air-conditioning, a 1°F hotter school year reduces that years learning by one percent. Hot …
Persistent link: https://www.econbiz.de/10011932041
Inflation targets come in different shapes and sizes. We explore the choice of a point or band target for inflation in a stylised economy in which agents learn about the inflation-generating process. We simulate under two conditions, namely i) a point inflation target and ii) a band inflation...
Persistent link: https://www.econbiz.de/10012654436
We demonstrate that heat inhibits learning and that school air-conditioning mitigates this effect. Student fixed … heat being particularly damaging. Weekend and summer heat has little impact, suggesting heat directly disrupts learning … simple benefit-cost tests. Without air-conditioning, a 1°F hotter school year reduces that years learning by one percent. Hot …
Persistent link: https://www.econbiz.de/10012892281