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


Deflating asset price bubbles with leverage constraints and monetary policy     

with Guidon Fenig and Mariya Mileva

Resubmitted,       Journal of Economic Behavior and Organization


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)



Publications


[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




 

Luba Petersen

Contact Information


Luba Petersen, Ph.D.

Assistant Professor

Department of Economics

Simon Fraser University

Email: lubap at sfu dot ca



Teaching

Summer 2018

-Econ 305: Intermediate Macroeconomics

-Econ 483: Special Topics in Macroeconomics



Research study leave

September 2018-2019