On-site PhD conferral Johannes K. Schuffels
Supervisors: Prof. dr C.J.M. Kool, Prof. dr A.P. van Veen
Co-supervisor: Prof. dr L Lieb
Keywords: Inflation expectations, economic expectations, monetary policy, monetary union
"Essays on Economic Expectations and Monetary Union Heterogeneity"
The research contained in this dissertation is concerned with several questions that emerged in the context of the macroeconomic situation of Western economies in the last decade, in particular the apparent disconnect between monetary policy and unemployment on the one hand and inflation on the other. As traditional tools of monetary policy proved ineffective to stabilize the economies of the United States, the Euro Area and other Western countries, the management of economic expectations of the general public, in particular its inflation expectations, became a centerpiece of monetary policy making. This dissertation contributes to the literature on the potential effects of such efforts on consumption behavior of households as well as the capability of central banks to influence inflation expectations and economic expectations more generally in the first place. Furthermore, this research discusses econometric issues that could lead to spuriously flattening Phillips Curve slopes when estimating reduced form regressions of the relationship between inflation and unemployment.
"Essays on attracting and retaining highly educated migrants"
"Making the Invisible Visible Improving Collaborative Problem-Solving Through Social Computing"
"A gut feeling: Noninvasive brain stimulation, gut microbiota and decision-making under risk"