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

My recent work investigates the ability of monetary policy and central bank communication to stabilize expectations and markets. These experiments 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 Small 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

Coordinating Expectations Through Central Bank Projections

with Fatemeh Mokhtarzadeh, February 2017

(Under review)

Deflating asset price bubbles with leverage constraints and monetary policy      

with Guidon Fenig and Mariya Mileva,  January 2017

(Under review)

Expectations and monetary policy: Experimental evidence      [Appendix]

with Oleksiy Kryvtsov, April 2015 

(Under review)


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

with Jasmina Arifovic,   Journal of Economic Dynamics and Control

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

with Guidon Fenig,   Experimental Economics

[WP version]

[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

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

“Experiments on price level targeting” with Guidon Fenig

“Asset markets in general equilibrium” with Taylor Jaworski and Erik Kimbrough

“The effects of macroeconomic information on expectations” with Michael Mirdamadi


Luba Petersen

Contact Information

Luba Petersen, Ph.D.

Assistant Professor

Department of Economics

Simon Fraser University

Email: lubap at sfu dot ca


Spring 2017

-Econ 483: Special Topics in Macroeconomics

-Econ 807: Macroeconomics (M.A.)

Summer 2017

-Econ 483: Special Topics in Macroeconomics

-Econ 811: Money and Banking (M.A. and Ph.D)