CORDIS Project
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This project investigates how people's expectations about the economy form and change, especially during economic crises. It aims to develop a new theoretical framework and provide empirical evidence to inform policy decisions regarding monetary policy and financial literacy.
The goal of this proposal is to advance the research frontier on expectations formation and their economic impact.
The proposal consists of three related projects that, through the provision of novel empirical evidence and the design of a new theoretical framework, can guide future research and better inform policy decisions.
Recent empirical evidence suggests that expectations react to shocks sluggishly, but—one might argue—this may only be the case because data was gathered under stable econom…
UNIVERSITA COMMERCIALE LUIGI BOCCONI
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