My research focuses on expectations and decision making in macroeconomic environments. I develop procedures for implementing macroeconomies in controlled laboratory experiments to study policy-relevant questions.

My recent research investigates the ability of monetary policy and central bank communication to stabilize and guide expectations and markets. I am currently studying the determinants of effective communication to the general public as well as financial markets. Another branch of my work explores how people reason through dynamic optimization problems and whether their ability can be improved through effective tools and education.

These projects have been funded by various institutions and programs including the Bank of Canada, the Sury Initative for Global Finance and International Risk Management, SSHRC-SFU Institutional Grants, as well as SSHRC Insight Development and Insight Grants. My research has been profiled by the CBC and FASS @ SFU.

Curriculum Vitae

Working Papers

Expectations and monetary policy: Experimental evidence      [Appendix]

with Oleksiy Kryvtsov

Under revision,    Journal of Monetary Economics

Coordinating expectations through central bank projections

with Fatemeh Mokhtarzadeh

Under revision,     Experimental Economics

Macroeconomic literacy and expectations

with Michael Mirdamadi

“Do prices reveal information about dividends in asymmetric sequential asset markets?” with Jess Benhabib and Rosemarie Nagel

(draft available upon request)


[2018] Deflating asset price bubbles with leverage constraints and monetary policy

with Guidon Fenig and Mariya Mileva

Journal of Economic Behavior and Organization, 155, 1-27.

[WP version]

[2017] Stabilizing expectations at the zero lower bound: Experimental evidence

with Jasmina Arifovic  

Journal of Economic Dynamics and Control, 82, 21-43.

[WP version]

[2017] Distributing scarce jobs and output: experimental evidence on the dynamic effects of rationing

with Guidon Fenig,   Experimental Economics, 20(3), 707-735.

[WP version][Appendix]

[2015]  Do Expectations and Decisions Respond to Monetary Policy? Journal of Economic Studies, 42(6), 1047-1062. 

* Special Issue in Experimental Macroeconomics  

[WP version]

[2014] Does Money Illusion Matter?: Comment

with Abel Winn, American Economic Review, 104(3):1047-1062.

[WP version][Appendix] 

[2014] Recent Developments in Experimental Macroeconomics

with Robert Amano and Oleksiy Kryvtsov, Bank of Canada Review, Autumn 2014, 1-11. 

[2014] Forecast Error Information and Heterogenous Expectations in Learning to Forecast Macroeconomic Experiments

“Experiments in Macroeconomics”, Vol. 17, Research in Experimental Economics, 109-137.

[WP version]

Work in Progress

“Dynamic Optimization” with Guidon Fenig

“Central bank communication and markets” with Jasmina Arifovic and Stephen Rouse

“Secular Stagnation” with Ryan Rholes


Luba Petersen

Contact Information

Luba Petersen, Ph.D.

Assistant Professor

Department of Economics

Simon Fraser University

Email: lubap at sfu dot ca

Research study leave

September 2018-2019

I will be visiting the Bank of Canada from Sept 2018-April 2019.

Upcoming talks

9/12: McMaster University

9/13-9/14: Bank of Canada Conference on Central Bank Communication

11/18-11/20: SEAs in D.C.

11/22: Universite de Laval

12/3: Narodowy Bank Polski

12/14-12/16: CFE 2018 in Pisa

12/17: Heidelberg University

1/?: NTU, Singapore