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Dr Michele Berardi - research

Research interests

Michele's main area of research revolves around the role of expectations in macroeconomics.

He is particularly interested in theoretical models of expectations formation and learning, and their implications for macroeconomic outcomes and policy implementation.

Specific topics relate to the evolution of expectations out of and towards equilibrium; the role of heterogeneity in learning dynamics; the possibility of expectations driven fluctuations; existence and stability of equilibria with heterogeneous expectations; the effect of incomplete and dispersed information on learning and beliefs; the role of interactions, imitation ad coordination in the expectation formation process of agents.