Luminita Stevens | Research


Working Papers

Price Ridigities in U.S. Business Cycles
with Camilo Morales-Jimenez

Adjustment Dynamics during a Strategic Estimation Task
with Mel Khaw and Michael Woodford


Work in Progress

Setting the Wrong Price for the Right Reason: Consequences for Inflation and Monetary Policy
with Camilo Morales-Jimenez and Haoran Wang

Business Cycles with Stratified Labor Markets
with Donggyu Lee


Publications

Individual Differences in the Perception of Probability
with Mel Khaw and Michael Woodford
PLoS Computational Biology (2021)
Cite

Price Dispersion and the Border Effect
with Ryan Chahrour
Journal of Monetary Economics (2020)
Cite

Comment on The Optimal Inflation Target and the Natural Rate of Interest by Andrade et al.
Brookings Papers on Economic Activity (2019)
Cite

Coarse Pricing Policies
Review of Economic Studies (2019)
Cite

Investor Sophistication and Capital Income Inequality
with Marcin Kacperczyk and Jaromir Nosal
Journal of Monetary Economics (2018)
Press: BloombergView, Market Business News
Cite

Forecasting the outcome of a time-varying Bernoulli process: Data from a laboratory experiment
with Mel Khaw and Michael Woodford
Data in Brief (2017)
Cite

Discrete Adjustment to a Changing Environment: Experimental Evidence
with Mel Khaw and Michael Woodford
Journal of Monetary Economics (2017)
Cite


Discussions

Discussion of “What Can Measured Beliefs Tell Us About Monetary Non-Neutrality” by Hassan Afrouzi, Joel P. Flynn and Choongryul Yang
NBER Summer Institute Behavioral Macro – July 2024

Discussion of “Anatomy of the Phillips Curve: Micro Evidence and Macro Implications” by Luca Gagliardone, Mark Gertler, Simone Lenzu and Joris Tielens
IMF Macro-Financial Research Conference – April 2024

Discussion of “A Simple Explanation of Countercyclical Uncertainty” by Joshua Bernstein, Michael Plante, Alex Richter and Nathaniel Throckmorton
Texas Monetary Conference – March 2022

Discussion of “The Optimal Inflation Target and the Natural Rate of Interest” by Philippe Andrade, Jordi Gali, Hervé Le Bihan and Julien Matheron
Brookings – September 2019

Discussion of Inflation Expectations and Firm Decisions: New Causal Evidence" by Olivier Coibion, Yuriy Gorodnichenko and Tiziano Ropele
NBER Monetary Economics – November 2018


Back