Hassan Afrouzi

What’s New?

• Feb. 24, 2023: Updated draft for “Sufficient Statistics for Inflation and GDP Dynamics in Production Networks.”
  
• Jan. 3, 2023: Updated draft for “Strategic Inattention, Inflation Dynamics, and the Non-Neutrality of Money.”
  
• Dec. 22, 2022: Updated draft for “Overreaction in Expectations: Evidence and Theory.”
  
• Nov. 7, 2022: Updated draft for “Is it the Message or the Messenger? Examining Movement in Immigration Beliefs.”
  more…
  

Publications

• “Overreaction in Expectations: Evidence and Theory”
  with Spencer Kwon, Augustin Landier, Yueran Ma and David Thesmar
  Accepted at The Quarterly Journal of Economics
  • Online Appendix, Experimental Interface
• “Endogenous Firm Competition and Cyclicality of Markups”
  with Luigi Caloi
  Accepted at Review of Economics and Statistics
  • Online Appendix, Replication Files
• “Inflation Targeting Does Not Anchor Inflation Expectations: Evidence from Firms in New Zealand”
  with Saten Kumar, Olivier Coibion, and Yuriy Gorodnichenko
  Brookings Papers on Economic Activity 2015(Fall), 151-225
  
  • Data and Replication Files
  • In media: VoxEU, Financial Times, Washington Post, Bloomberg, New Zealand Herald, CFO, Week
    

Papers Under Revision

• “Strategic Inattention, Inflation Dynamics and the Non-Neutrality of Money” (version: Dec. 2022)
  Revise and Resubmit (2nd round), Journal of Political Economy
  • In media: Bloomberg
    
• “Dynamic Rational Inattention and the Phillips Curve” (version: Apr. 2021, older versions)
  with Choongryul Yang
  Reject and Resubmit, American Economic Review
  • SSRN (version: Oct. 2019); Replication material; Code Repos: Julia, Matlab; Documentation: PDF, HTML
  • Teaching Slides: HTML, Live Jupyter Slides
    
• “Is it the Message or the Messenger? Examining Movement in Immigration Beliefs” (version: Nov. 2022)
  with Carolina Arteaga and Emily Weisburst
  Revise and Resubmit, Journal of Political Economy Microeconomics
  • Supplemental Materials
    

Working Papers

• “Inflation and GDP Dynamics in Production Networks: A Sufficient Statistics Approach” (version: Feb. 2023)
  with Saroj Bhattarai
• “Growing by the Masses: Revisiting the Link between Firm Size and Market Power” (version: Dec. 2021)
  with Andres Drenik and Ryan Kim
• “Selection in Information Acquisition and Monetary Non-Neutrality” (version: Apr. 2021)
  with Choongryul Yang

Works in Progress

• “Rationally Confused: On the Aggregate Implications of Information Provision Policies”
  with Miguel Acosta
  • Slides
• “Inflation Expectations under High Inflation: Evidence from Iran” (with Saeed Bayat, Omid Ghaderi and Ali Madanizadeh)