Expectations and Macroeconomics

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.

How to register

PhD Students

• Registration deadline: June 1, 2024

• Students not enrolled at NHH need to register as external students on Søknadsweb. 

  • Select "Norwegian School of Economics" from the drop-down list.

  • For students from outside Norway, choose the option "Login International Applicant" and create a new account.

• See the following link for more information (ignore the deadline mentioned there).

Faculty

• All faculty are welcome to attend the course. Please email the local organizers so we can plan accordingly.

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.

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