Hassan Afrouzi

What’s New?

• Nov. 7, 2022: Updated draft for “Is it the Message or the Messenger? Examining Movement in Immigration Beliefs.”
  
• Feb. 28, 2022: New working paper on “Sufficient Statistics for Inflation and GDP Dynamics in Production Networks.”
  
• Dec. 20, 2021: Updated draft for “Growing by the Masses: Revisiting the Link between Firm Size and Market Power.”
  more…
  

Publications

• “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
  
  • PDF, NBER Working Paper #21814, 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. 2021)
  Revise and Resubmit, Journal of Political Economy
  • CESifo Working Paper #8218 (version: Mar. 2020); In media: Bloomberg
    
• “Overreaction in Expectations: Evidence and Theory” (version: Sep. 2021)
  with Spencer Kwon, Augustin Landier, Yueran Ma and David Thesmar
  Revise and Resubmit, The Quarterly Journal of Economics
  • NBER Working Paper #27947 (version: Oct. 2020); Subsumes “A Model of Costly Recall”
    
• “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
    
• “Endogenous Firm Competition and Cyclicality of Markups” (version: Apr. 2021)
  with Luigi Caloi
  Conditionally Accepted, Review of Economics and Statistics
  • Also available as Dallas Fed Working Paper #265 (version: Feb. 2016)
    

Working Papers

• “Inflation and GDP Dynamics in Production Networks: A Sufficient Statistics Approach” (version: Feb. 2022)
  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
  • CESifo Working Paper #8633 (version: Oct. 2020)
    
• “Is it the Message or the Messenger? Examining Movement in Immigration Beliefs” (version: Nov. 2022, Supplemental Materials)
  with Carolina Arteaga and Emily Weisburst
  
  • CESifo Working Paper #9593 (version: Feb. 2022)
    
• “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)