RT Journal Article
T1 Learning by doing, organizational forgetting, and the business cycle
A1 Bongers-Chicano, Aneli María
K1 Ciclos económicos
AB This paper supplements a learning-by-doing real busi-ness cycle model with endogenous organizational for-getting. Empirical evidence shows that the accumulatedexperience decay rate is not constant over the busi-ness cycle, but that forgetting is a function of economicactivity. Learning reinforces the effects of productivityshocks, and organizational forgetting exacerbates theirimpact and increases their persistence. This is of partic-ular interest when a negative productivity shock hits theeconomy,astheincreasingspeedofforgettingaggravatesthe negative shock and delays recovery.
PB Wiley
YR 2022
FD 2022-05-03
LK https://hdl.handle.net/10630/24890
UL https://hdl.handle.net/10630/24890
LA eng
NO Bongers, A. (2022). Learning by doing, organizational forgetting, and the business cycle. Bulletin of Economic Research, 1– 10. https://doi.org/10.1111/boer.12346
NO How to cite this article:Bongers, A. (2022). Learning by doing, organizationalforgetting, and the business cycle.Bulletin of Economic Research,1–10.https://doi.org/10.1111/boer.12346
DS RIUMA. Repositorio Institucional de la Universidad de Málaga
RD 4 mar 2026