Paris School of Economics
Address: 48 boulevard jourdan 75014 Paris
3rd Paris Conference on the Macroeconomics of Expectations
Symposium
Location 48 Boulevard Jourdan, 75014 Paris, France
Location R2-01, R1-09
Presence On site
Hourly –
Program
09:00 – Welcome coffee
09:20-10:30 – Session 1
- Fabian Seyrich (Frankfurt School of Finance & Management), with Oliver Pfäuti, Jonathan Zinman
Beyond bad luck… Macroeconomic Implications of Persistent Heterogeneity in Optimism - Esteban Verdugo (University of Michigan), with Mathieu Pedemonte, Hiroshi Toma
Aggregate Implications of Heterogeneous Inflation Expectations: The Role of Individual Experience
10:30-11:00 – Coffee break
11:00-12:00 – Keynote speaker
Jenifer La’0 (Columbia University in the City of New York, CEPR) with Hassan Afrouzi, Benjamin Hebert, John Leahy
Sectoral Salience
12:00-14:00 – Lunch
14:00-15:10 – Session 2
- Mary Tzaawa-Krenzler (Goethe-Universität), with Ekaterina Shabalina
Heterogeneous Attention to Inflation and Monetary Policy - Rupal Kamdar (Indiana University), with Walker Ray
Attention-Driven Sentiment and the Business Cycle
15:10-15:40 – Coffee break
15:40-16:50 – Session 3
- Rafael Gonçalves (Princeton University), with Ina Hajdini
Firms’ Inflation Expectations: Determinants and Macroeconomic Implications - Richard Foltyn (Norwegian School of Economics)
Experience-based Learning, Stock Market Participation and Portfolio Choice
16:50-17:20 – Coffee break
17:20-18:30 – Session 4
- Kenza Benhima (Université de Lausanne, CEPR), with Elio Bolliger, Margaret Davenport
Granular Expectation Shocks and International Financial Contagion - Josefina Cenzon (Bocconi University)
Credit Market Experiences and Macroeconomic Expectations: Evidence and Theory
09:30-10:40 – Session 5
- John Tsoukalas (Glasgow University), with Luca Gambetti, Dimitris Korobilis, Francesco Zanetti
Agreed and Disagreed Uncertainty - Jeremy Boccanfuso (University of Bologna), with Luca Neri
Uncovering Attention Heterogeneity
10:40-11:10 – Coffee break
11:10-12:20 – Session 6
- Bartosz Mackowiak (European Central Bank, CEPR), with Mirko Wiederholt
Rational Inattention during an RCT - Alena Wabitsch (University of Oxford), with Sergii Drobot, Daniel Puzzelo, Ryan Rholes
Incentivizing Inflation Expectations
12:20-13:20 – Lunch
13:20-14:20 – Keynote speaker
Olivier Coibion (University of Texas at Austin, CEPR) with D. Georgarakos, K. Kim, M. Shim, M. Lee, Y. Gorodnichenko, G. Kenny, S. Han, M. Weber
How Costly Are Business Cycle Volatility and Inflation? A Vox Populi Approach
14:20-14:50 – Coffee break
14:50-16:00 – Session 7
- Okan Akarsu (Central Bank of the Republic of Türkiye), with Emrehan Aktug, Huzeyfe Torun
Inflation Expectations and Firms’ Decisions in High Inflation: Evidence from a Randomized Control Trial - Frédérique Savignac (Banque de France), with Erwan Gautier, Olivier Coibion
Firms’ Inflation and Wage Expectations in Times of High Inflation
Coffee breaks and lunch are served in Room R1-14 on the 13th, and R1-13 on the 14th.
Organizing Committee:
The third Paris Conference on the Macroeconomics of Expectations is jointly organized by thr Banque de France, the CEPR, HEC Paris, the University of Oxford and the Paris School of Economics.
Gaetano Gaballo acknowledges funding from the European Research Council (ERC) under the European Union’s Horizon Europe research and innovation programme (Grant agreement No 101088411).
The International Macroeconomics Chair is the result of a partnership between the Banque de France and PSE. Sharing the same vision about scientific needs on international issues, these two organisations joint their efforts to build a chair with the objective of fostering the development of research on the financial & monetary international system, and in international Macroeconomics.
When this map is selected with the keyboard, you can use the + and − keys of the keyboard to perform a zoom in or out, as well as the up, down, right et left keys of the keyboard to move the map.
Paris School of Economics