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Topics in applied macroeconomics
Research project
Short description
The aim of the program is to study the relationship between macroeconomic variables and individuals' decisions and expectations. This is done by studying macroeconomic issues using microdata and methods from applied microeconomic research.
Three different areas are studied, each with important implications for both policy and aggregate economic development: (i) How are individuals' decisions to invest in human capital affected by macroeconomic conditions? (ii) How are individuals' inflation expectations formed, and what role do consumption patterns play? iii) How is the public's trust in the central bank determined and how is trust affected by how the policy decisions are further communicated in the media?