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Learning and Beliefs: Models, Measurement, and Identification

Arnaud Maurel and Michela Tincani

No 22087, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This article discusses the rapidly expanding literature on imperfect information, learning, and belief formation, with a focus on learning models in labor economics. We structure the review around a stylized dynamic learning framework, which we use as a lens to highlight key methodological and empirical contributions. We pay particular attention to issues of measurement and identification. We conclude by outlining promising directions for future research, stressing the importance of tight links between measurements and theory.

JEL-codes: C01 I2 J01 (search for similar items in EconPapers)
Date: 2026-10
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