Giang Nghiem

I am a behavioral macroeconomist at Leibniz University Hannover, where I hold a position as Akademischer Rat (equivalent to Assistant Professor). I also serve as a Research Associate at the Centre for Applied Macroeconomic Analysis at the Australian National University. 

My research uses survey data and survey experiments to examine how households form macroeconomic expectations, make economic decisions, and respond to policy communication. 

I hold an M.A. in Policy Economics from Williams College (USA), an M.Sc. in Quantitative Economics, and a Ph.D. in Economics from Goethe University Frankfurt (Germany). Before pursuing my doctoral studies, I worked as an Economist in the Monetary Policy Department at the State Bank of Vietnam from 2007 to 2015.  

CV

nghiem@gif.uni-hannover.de

https://www.gif.uni-hannover.de/de/nghiem

Publications:

• Are Consumers' Spending Decisions in Line With A Euler Equation?   with Lena Dräger , The Review of Economics and Statistics (2021).

• The effects of fiscal policy on households during the COVID-19 pandemic: Evidence from Thailand and Vietnam, with Dzung Bui (Marburg University), Lena Dräger (Hannover University), and Bernd Hayo (Marburg University). World Development (2022)

• Macroeconomic expectations and consumer sentiment during the COVID-19 pandemic: The role of others’ beliefs, with Dzung Bui (Marburg University), Lena Dräger (Hannover University), and Bernd Hayo (Marburg University). European Journal of Political Economy (2023)

• Inflation Literacy, Inflation Expectations, and Trust in the Central Bank: A Survey Experiment, with Lena Dräger. Accepted at the Review of Economics and Statistics, CESifo Working Paper No. 10539 & Hannover Economic Paper No. dp-709, June 2023.

• Elasticity of Intertemporal Substitution in the Euro Area with Michal Marenčák. Journal of Economic Behavior and Organization (January 2025). CAMA Working Paper 56/2024

Working papers:

• "Fiscal expansion and income inequality expectations: A survey experiment" with Melina Ludolph (Uni Magdeburg and IWH) and Lena Tonzer (Uni Leipzig and IWH)

• "Facts or Feelings? The Role of Relatable Narratives in Shaping Inflation Expectations" with Melina Ludolph (Uni Magdeburg and IWH) and Lena Tonzer (Uni Leipzig and IWH)

• “The Heterogeneity of Economic Expectations in the Euro Area” with Michal Marenčák (National Bank of Slovakia), Lena Dräger (Uni Hannover, Kiel Institute), and Maritta Paloviita (BoF).

• "The green transition and households' macroeconomic expectations: A survey experiment" with  Tjantana Barro (Uni Konstanz) and Michal Marenčák (National Bank of Slovakia)

• "Personal Inflation Rates in the Euro Area" with Michal Marenčák

• "Anchoring Households' Inflation Expectations when Inflation is High" with Ami Dalloul and Lena Dräger. 

• The Marginal Propensity to Consume and Household Savings during the COVID-19 Pandemic: Evidence from Thailand and Vietnam (2024), with Dzung Bui and Bernd Hayo. 

• Unemployment Experience and Savings, with Baptiste Massenot 

Work in progress:

• "Is the ECB’s Monetary Policy Doomed to Overshoot? Consequences of Leaving Out Owner-Occupied Housing Costs in the HICP" with Sofie Waltl (Uni Cambridge), Robert Hill (Uni Graz), and Miriam Steuer (Uni Graz)

• “Price Salience and the Divergence Between Perceived and Expected Inflation” with Michal Marenčák (National Bank of Slovakia), Fiorella de Fiore (BIS), and Marco Jacopo Lombardi (BIS).