We construct a general dynamic structural model of two-sided learning between a firm and its workers. We estimate an … American workers). The type of data that we use also generates information on the value of learning and on whether and how the … the increases in the firm?s value from learning about its workers? behavior and to infer the extent of biases in estimated …

institutions reinforce each other in slowing or preventing people from learning the correct underlying parameters. …

inherently unobservable sources of heterogeneity – learning ability and workers? inter-temporal preferences (discounting) – both …

between schoolmates, which in turn decreases the overall achievement. A cooperative learning approach may instead emerge when … International Student Assessment (PISA) survey on students' literacy levels. A competitive learning approach has a positive …