Second Paris Conference on the Macroeconomics of Expectations
Participate
Thursday 6 June - room S218
13:15 – 15:00: First session
Guido Ascari (De Nederlandsche Bank & CEPR), with Paolo Bonomolo, Alessandro Celani
The Macroeconomic Effects of Inflation Expectations: The Distribution Matters
Manuel Menkhoff (Ifo Institute)
The Devil is in the Tail: Macroeconomic Tail Risk Expectations of Firms
Silvia Miranda-Agrippino (Federal Reserve Bank of New York & CEPR), with Ambrogio Cesa-Bianchi
On The Aggregate Consequences of Belief Distortions
15:00 – 15:30: Coffee break
15:30– 17:15: Second session
James Mitchell (Federal Reserve Bank of Cleveland), with Edward Knotek, Mathieu Pedemonte, Taylor Shiroff
The Effects of Interest Rate Increases on Consumers’ Inflation Expectations: The Roles of Informedness and Compliance
Marco Lombardi (Bank for International Settlements), with Fiorella De Fiore, Albert Pierres Tejada
Fiscal stimulus plans and households' expectations
Eleonora Granziera (Norges Bank)
Speaking of Inflation: The Influence of Fed Speeches on Expectations, joint with Greta Meggiorini (University of Auckland), Leonardo Melosi (University of Warwick) and Vegard Larsen (BI Norwegian Business School)
17:15 – 17:30: Coffee break
17:30 – 18:30: Keynote speaker
Michael Weber (University of Chicago & CEPR)
Consumer Inflation Expectations: Global Evidence
Friday 7 June - room S218
9:00 – 10:45: Third session
Ryan Chahrour (Cornell University), with Adam Hale Shapiro, Daniel Wilson
News Selection and Household Inflation Expectations
Jonathan Adams (University of Florida)
Optimal Policy Without Rational Expectations: A Sufficient Statistic Solution
Luigi Iovino (Bocconi University & CEPR), with Davide Debortoli, Nicola Pavoni, Donghai Zhang
Macroeconomic Expectations and Limited Awareness
10:45 – 11:15: Coffee break
11:15– 12:45: Fourth session
Adrien Couturier (LSE), with Marco Bellifemine (LSE), Seyed Hosseini Maasoum
A distributional theory of household sentiment
Cristina Angelico (Bank of Italy)
The Green Transition and Firms’ Expectations on Future Prices: Survey Evidence
Jochen Mankart (Deutsche Bundesbank), with Alexander Ludwig, Jorge Quintana, Mirko Wiederholt
Heterogeneity in Expectations and the Level of House Prices
12:45 – 14:00: Lunch at conference room
14:00 – 15:00: Keynote speaker
Ricardo Reis (LSE & CEPR)
Inflation expectations: the credibility revolution
Organising Committee:
Tobias Broer (PSE, IIES Stockholm University and CEPR)
Gaetano Gaballo (HEC and CEPR)
Erwan Gautier (Banque de France)
Paul Hubert (Banque de France and Sciences Po - OFCE)
Alexandre Kohlhas (Oxford University)
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).