Hassan Afrouzi

Assistant Professor
  Department of Economics
  Columbia University
  Faculty Research Fellow
  Research Network Affiliate

Working Papers

Strategic Inattention, Inflation Dynamics, and the Non-Neutrality of Money

Version: January 2023
Revise and Resubmit (2nd round), Journal of Political Economy
In media: Bloomberg

Concentration, Market Power, and Misallocation: The Role of Endogenous Customer Acquisition

with Andres Drenik and Ryan KimVersion: May 2023
Revise and Resubmit, Econometrica

Inflation and GDP Dynamics in Production Networks: A Sufficient Statistics Approach

with Saroj BhattaraiVersion: May 2023
Reject and Resubmit, American Economic Review

Dynamic Rational Inattention and the Phillips Curve

with Choongryul YangVersion: April 2021
Reject and Resubmit, American Economic Review
SSRN (Version: October 2019, older versions); Replication material; Code Repos: Julia, Matlab;
Documentation: PDF, HTML, Teaching Slides: HTML, Live Jupyter Slides

Monetary Policy without Commitment

with Marina Halac, Kenneth Rogoff, and Pierre YaredVersion: April 2023

Selection in Information Acquisition and Monetary Non-Neutrality

with Choongryul YangVersion: December 2021


Overreaction in Expectations: Evidence and Theory

with Spencer Kwon, Augustin Landier, Yueran Ma, and David Thesmar
The Quarterly Journal of Economics, 138(3), 1713–1764, August 2023
Online Appendix, Experimental Interface

Is it the Message or the Messenger? Examining Movement in Immigration Beliefs

with Carolina Arteaga and Emily Weisburst
Journal of Political Economy Microeconomics, Accepted
Supplemental Materials

Endogenous Firm Competition and Cyclicality of Markups

with Luigi Caloi
Review of Economics and Statistics, Forthcoming
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, 43, 151-208, Fall 2015
Data and Replication Files, In media: VoxEU, Bloomberg, New Zealand Herald, Week