TAOWANGECON.GITHUB.IO

I am fascinated by all economic phenomenon in which micro agents with certain kinds of heterogeneity aggregate up to important macro dynamics, via both market and non-market mechanisms. In particular, I care about how agents understand the economic environment around them and form expectations about individual and aggregate variables. How do we measure market expectations? Are they as rational as economists have long assumed? If not, how do we characterize those deviations? How do we incorporate alternative assumptions about agents' expectation formation in structural macro models? How to use survey data to better understand the macro phenomenon? These questions are the major inquiries of mine.