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Learning about marriage quality has been proposed as a key mechanism for explaining how the probability of divorce … divorce, three of which include learning. I use data from the Survey of Income and Program Participation to test reduced form … implications of these models. The data is inconsistent with models including a substantial amount of learning. On the other hand …
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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 …
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distinguish between these two shocks and, under incomplete learning, private perceptions of the inflation target will not equal …
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policymakers, learning from the experience of the 1970s, eschewed activist policies in favor of policies that concentrated on the …
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