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 and guide expectations and markets. 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 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,  December 2017 (under review)

Deflating asset price bubbles with leverage constraints and monetary policy     

with Guidon Fenig and Mariya Mileva,  November 2017

Under 2nd revision, Journal of Economic Behavior and Organization

Expectations and monetary policy: Experimental evidence      [Appendix]

with Oleksiy Kryvtsov, April 2015

Under revision,  Journal of Monetary Economics

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

(in preparation for submission)

“Macroeconomic literacy and expectations” with Michael Mirdamadi

(in preparation for submission)


[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


Luba Petersen

Contact Information

Luba Petersen, Ph.D.

Assistant Professor

Department of Economics

Simon Fraser University

Email: lubap at sfu dot ca


Spring 2018

-Econ 483: Special Topics in Macroeconomics

-Econ 807: M.A. Macroeconomics

Summer 2018

-Econ 305: Intermediate Macroeconomics

-Econ 483: Special Topics in Macroeconomics