Bayesian learning
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- dc.contributor.author Baley, Isaac
- dc.contributor.author Veldkamp, Laura
- dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
- dc.date.accessioned 2024-11-14T10:09:40Z
- dc.date.available 2024-11-14T10:09:40Z
- dc.date.issued 2021-07-16
- dc.date.modified 2024-11-14T10:08:13Z
- dc.description.abstract We survey work using Bayesian learning in macroeconomics, highlighting common themes and new directions. First, we present many of the common types of learning problems agents face-signal extraction problems-and trace out their effects on macro aggregates, in different strategic settings. Then we review different perspectives on how agents get their information. Models differ in their motives for information acquisition and the cost of information, or learning technology. Finally, we survey the growing literature on the data economy, where economic activity generates data and the information in data feeds back to affect economic activity
- dc.format.mimetype application/pdf*
- dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=1797
- dc.identifier.citation
- dc.identifier.uri http://hdl.handle.net/10230/68577
- dc.language.iso eng
- dc.relation.ispartofseries Economics and Business Working Papers Series; 1797
- dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
- dc.rights.accessRights info:eu-repo/semantics/openAccess
- dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
- dc.subject.keyword bayes’ law
- dc.subject.keyword passive learning
- dc.subject.keyword active learning
- dc.subject.keyword signal extraction
- dc.subject.keyword information choice
- dc.subject.keyword sticky information
- dc.subject.keyword rational inattention
- dc.subject.keyword experimentation
- dc.subject.keyword data economy
- dc.subject.keyword coordination games.
- dc.subject.keyword Macroeconomics and International Economics
- dc.title Bayesian learning
- dc.title.alternative
- dc.type info:eu-repo/semantics/workingPaper