Recently accepted by #QJE, “Overreaction in Expectations: Evidence and Theory,” by Afrouzi (@hafrouzi), Kwon, Landier (augustin landier), Ma, and Thesmar (David Thesmar): doi.org/10.1093/qje/qj…

New published study in the July issue of Quantitative Economics by Professor Saroj Bhattarai and PhD alum Choongryul Yang, entitled "Redistribution and the Monetary-Fiscal Policy Mix." Quantitative Economics Choongryul Yang econometricsociety.org/publications/q…

Quantitative Economics Volume 14, Issue 3 (July 2023) is now online econometricsociety.org/publications/q…

New #FEDSPaper: The time it takes to develop residential properties in the U.S. is about three years, on average, & is highly dispersed across locations. #EconTwitter (1/2) federalreserve.gov/econres/feds/l…

Odd Lots Newsletter: Who cares when the rate cuts start? trib.al/Ptu11ja

I actually learned a lot about the real world relevance of our work by reading through this. Thanks for featuring our paper Tracy Alloway.

Studying how measured beliefs can be used to identify monetary non-neutrality, from @hafrouzi, Joel Flynn, and @ChoongYang nber.org/papers/w32541

I'm excited that our new paper will be presented today in the Impulse and Propagation Mechanism session of the NBER SI, which will be live-streamed at 11:15 ET via YouTube. Watch it here 😀: youtube.com/live/ci5HzGJZd…

How can measured beliefs elucidate the real effects of monetary shocks? The authors highlight the interaction between firms’ beliefs & price-setting behaviors, revealing the crucial role of cross-sectional data on uncertainty & pricing durations. federalreserve.gov/econres/feds/w…

Our joint conference with the Bank of Canada and the Federal Reserve Bank of New York on Expectations Surveys, Central Banks and the Economy kicks off on Tuesday. Follow live from 9:00 CET ecb.europa.eu/press/conferen…

I’m excited to present our paper “What can measured beliefs tell us monetary non-neutrality?” with @hafrouzi and Joel Flynn at this great conference at the ECB on Tuesday morning! Looking forward to interacting with many leading scholars in this field!

Looking forward to SED Meeting in Copenhagen from tomorrow! Come and check out our session on Housing and Rental Markets on Saturday, with Andy Glover and Choongryul Yang. I'll be presenting my recent paper on the "Home Purchase Channel of Expenditure".

Household attention acts as a crucial gatekeeper for monetary policy's effect on expectations. New #FEDSPaper shows this channel is most potent when people are already paying attention during recessions and among those with high financial stakes. federalreserve.gov/econres/feds/a…