Virtual Asian Seminar Series on Expectations in Macroeconomics 

Virtual Asian Seminar Series on Expectations in Macroeconomics (VASSEM)

The series focuses on topics such as expectations and beliefs, behavioral macroeconomics, and information frictions, though related areas are also welcome. If you are interested in joining, please sign up for the seminar series here.

Organizers: 

Rupal Kamdar (Indiana University, USA) 

Pei Kuang (University of Macau)

Seunghoon Na (Korea University, Korea)

Yinxi Xie (Indiana University, USA)

Donghoon Yoo (Korea University, Korea)

Renbin Zhang (Shandong University, China)

Contacts: 

Bluesky account: @asianexpectation.bsky.social

For any questions, please contact any of the organizers.

Seminar format: 

Total: 60 minutes. A 45-minute presentation + 15-minute Q & A.   

For Guest Moderators:

The seminar will run for one hour in total: 45 minutes for the presentation, followed by 15 minutes of Q&A. Please provide a brief introduction of the presenter and help facilitate the discussion. You are also welcome to ask questions or share comments yourself. Participants may pose brief clarifying questions during the presentation.

Speakers: 

Schedule for 2025:

Note: CST refers to China Standard Time, not Central Standard Time. 

[1] Klaus Adam (University College London)  

Time: February 25, 2025.        8 pm CST - 12 pm GMT - 7am EST   

Title: Overconfidence in Private Information Explains Biases in Professional Forecasts

Moderator: Pei Kuang

[2] Francesco D'Acunto (Georgetown University) 

Time: March 25, 2025.        8 pm CST - 12 pm GMT - 8 am EDT

Title:   Information and Macroeconomic Expectations: Global Evidence      

Moderator: Rupal Kamdar

[3] Ryan Chahrour (Cornell University) 

Time:  May 8, 2025.                 8 pm CST - 1 pm BST - 8 am EDT

Title: News Selection and Household Inflation Expectations

Moderator:  Donghoon Yoo

[4] Cosmin Ilut (Duke University) 

Time:  May 22, 2025.              8 pm CST - 1 pm BST - 8 am EDT

Title: HANK's Response to Aggregate Uncertainty in an Estimated Business Cycle Model

Moderator:  Seunghoon Na

[5] Kyle Jurado (Duke University)  

Time: June 3, 2025.               8 pm CST - 1 pm BST - 8 am EDT

Title: Endogenous Aggregate Signals and the Effects of Nominal Disturbances

Guest moderator: Zhao Han (College of William & Mary) 

[6] Isaac Baley  (Universitat Pompeu Fabra)

Time: July 3, 2025.                   8 pm CST - 1 pm BST - 8 am EDT

Title: Lumpy Forecasts

Moderator: Renbin Zhang

[7]  Stephen Terry (University of Michigan)

Time: September 9, 2025.                   8 pm CST - 1 pm BST - 8 am EDT

Title: Real Credit Cycles

Guest moderator: Oliver Pfäuti (University of Texas at Austin)

[8] Walker Ray (Federal Reserve Bank of Chicago) 

Time: October 7, 2025.                   8 pm CST - 1 pm BST - 8 am EDT

Title: We Think That They Think: Political Affiliation and Higher-Order Beliefs

Guest moderator: Xiao Yin (University College London)

[9]  Jasmine Xiao (University of Notre Dame)

Time: October 16, 2025.                   8 pm CST - 1 pm BST - 8 am EDT

Title: Expectations and Credit Slumps

Moderator: Yinxi Xie

[10]  Zhen Huo (Yale University)

Time: November 20, 2025.           8 pm CST - 12 pm GMT - 7am EST                                                               

Title: Micro Shocks and Macro Fluctuations in the Information Network

Guest moderator: Luca Gemmi (University of Bologna)

Schedule for 2026 (to be added)

[1] Alexandre Kohlhas (University of Oxford)

[2]  Oliver Pfäuti (University of Texas at Austin)