I thank the editor, Wouter den Haan, and two anonymous referees for their helpful comments. George Evans and Shankha Chakraborty provided many helpful comments and suggestions for which I am immensely grateful. I thank Tom Sargent, seminar participants at the Learning Week Conference at the Federal Reserve Bank of St. Louis, the University of Oregon, the University of Kentucky, the Federal Reserve Bank of San Francisco, Fordham University, the College of William and Mary, the University of Wisconsin-Milwaukee and Bates College.
Learning by Doing, Short-sightedness and Indeterminacy
Version of Record online: 3 JAN 2013
© 2013 The Author(s). The Economic Journal © 2013 Royal Economic Society
The Economic Journal
Volume 123, Issue 569, pages 738–763, June 2013
How to Cite
Shea, P. (2013), Learning by Doing, Short-sightedness and Indeterminacy. The Economic Journal, 123: 738–763. doi: 10.1111/ecoj.12001
- Issue online: 7 JUN 2013
- Version of Record online: 3 JAN 2013
- Accepted manuscript online: 18 SEP 2012 06:03AM EST
- Manuscript Accepted: 18 AUG 2012
- Manuscript Received: 12 OCT 2011
Appendix A. Basic Model.
Appendix B. RBC Model.
Appendix C. Learnability and E-Stability.
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