Research Agenda
Behavioral Macroeconomics | Household Finance | Expectations
Behavioral Macroeconomics | Household Finance | Expectations
Yeow Hwee Chua studies how expectations shape household financial decisions and macroeconomic outcomes. His work lies at the intersection of behavioral macroeconomics and household finance, focusing on belief formation, information frictions, and decision-making under uncertainty.
To understand how beliefs are formed and revised, he uses large administrative datasets, quasi-experimental variation, and survey experiments. His research investigates household responses to macroeconomic policy changes, climate and disaster shocks, urban developments, and labor-market conditions. These contexts reveal expectation-driven adjustments in consumption, saving, borrowing, portfolio choices, housing decisions, and insurance demand.
Across these projects, he seeks to develop an integrated empirical and behavioral framework for understanding how expectations are formed and how they scale from individual decisions to the broader economy.