Helsinki GSE Discussion Papers

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Helsinki GSE Discussion Papers

Showing 3 publications

  • Adaptive Learning
  • Regression Discontinuity
  • Optimal Stopping
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  • Gradual Learning from Incremental Actions

    Tuomas Laiho, Pauli Murto, and Julia Salmi

    We introduce a collective experimentation problem where a continuum of agents choose the timing of irreversible actions under uncertainty and where public feedback from the actions arrives gradually …

    Discussion paper

  • Effect of Secondary Education on Cognitive and Non-cognitive Skills

    Jani-Petteri Ollikainen, Tuomas Pekkarinen, Roope Uusitalo, and Hanna Virtanen

    We exploit admission cutoffs to secondary schools to study the effects of general academically oriented, versus vocational secondary schooling on cognitive and non-cognitive skills using a regression …

    Discussion paper

  • On Robustness of Average Inflation Targeting

    Seppo Honkapohja, Nigel McClung

    This paper considers average inflation targeting (AIT) policy in a New Keynesian model with adaptive learning agents. Our analysis raises concerns regarding robustness of AIT when agents have …

    Discussion paper