Expectations and Macroeconomics

June 24–28, 2024

The Department of Economics at the Norwegian School of Economics (NHH) is organizing a PhD course on Expectations in Macroeconomics in Bergen, Norway. The course will be taught by professor Cosmin L. Ilut (Duke).

The course covers some recent advances in the macroeconomics literature which depart from rational expectations modeling and Bayesian learning, including ambiguity, bounded rationality, and diagnostic expectations. The course reviews the main concepts and covers some applications, which include asset pricing, business cycles, heterogeneous beliefs, incomplete markets. Students will have the opportunity to present their own research on the final day.

For more information, see the detailed course syllabus.

Course information

Local organizers: Associate Professor Krisztina Molnar, Associate Professor Richard Foltyn

For additional information, please contact one of the local organizers.

About Cosmin Ilut

Cosmin Ilut is professor of economics and Duke University. Professor Ilut’s major fields of interest are macroeconomics, international finance, asset pricing, and economics of information. Specifically, he focuses on the role of expectations and how agents incorporate information. He has published extensively on these topics in leading journals including Econometrica, AER, QJE, JPE, ReStud, and JME.

Location

Department of Economics
Norwegian School of Economics (NHH)
Helleveien 30
5045 Bergen
Norway

Photo credits: header: Varde Solutions; bottom: Silje Katrine Robinson