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

Stabilizing expectations at the zero lower bound: Experimental evidence    

with Jasmina Arifovic, August 2016

Revised and resubmitted, Journal of Economic Dynamics and Control

Leave the bubble alone!: Deflating asset price bubbles in an experimental macroeconomy        


with Guidon Fenig and Mariya Mileva,      August 2016

(Under review)

Expectations and monetary policy: Experimental evidence      [Appendix]

with Oleksiy Kryvtsov, April 2015 

(Under review)

“Coordinating expectations through central bank projections”

with Fatemeh Mokhtarzadeh  

(draft available upon request)


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

with Guidon Fenig, Experimental Economics

[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

“Monetary policy and forward guidance in an investment game” with Martin Geiger and Johann Scharler

“Central bank communication and the media” with Mariya Mileva


Luba Petersen

Contact Information

Luba Petersen, Ph.D.

Assistant Professor

Department of Economics

Simon Fraser University

Email: lubap at sfu dot ca

Upcoming Seminars, Conferences and Visits

ASSA Meetings, Chicago,

January 2017


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)