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the nature of the task at the second date further shows that learning is unencumbered by a change in environment. Our …
Persistent link: https://www.econbiz.de/10011976128
disagreement regardless of cognitive ability. Learning about the state of the world has little effect on the evolution of perceived …
Persistent link: https://www.econbiz.de/10014477417
active learning possibilities has effects on the optimal interest rate rule followed by the central bank.For a wide range of …
Persistent link: https://www.econbiz.de/10010273990
Persistent link: https://www.econbiz.de/10012990522
periods of varying length that full accounts of subjects' learning requires the consideration of, both, 'period time' and …
Persistent link: https://www.econbiz.de/10013326949
Persistent link: https://www.econbiz.de/10009308272
The recent crisis in the United States has often been associated with substantial amounts of policy uncertainty. In this paper we ask how uncertainty about fiscal policy affects the impact of fiscal policy changes on the economy when the government tries to counteract a deep recession. The...
Persistent link: https://www.econbiz.de/10010211956
econometric learning scheme as proposed by Laubach, Tetlow, and Williams (2007) in the estimation and compare the results to those … form their expectations according to the learning approach. …
Persistent link: https://www.econbiz.de/10010471626
-scale retailers in Uganda. The treatments contrast "active learning" with "traditional lecturing" within standardized lesson-plans. We … find that active learning has a positive and economically meaningful impact on savings and investment outcomes, in contrast …. Tentative evidence suggests that only active learning stimulates several cognitive and non-cognitive mechanisms; moreover, a …
Persistent link: https://www.econbiz.de/10011975912
We investigate experimentally whether social learners appreciate the redundancy of information conveyed by their observed predecessors' actions. Each participant observes a private signal and enters an estimate of the sum of all earlier-moving participants' signals plus her own. In a first...
Persistent link: https://www.econbiz.de/10011899219