Great piece by @JoelSuss on the FT using insights and methods from our paper on trust in the Fed with David Aikman and Shunshun Zhang. The link to our paper is in the comments!

And here is the programme! cepr.org/events/belie...

We hosted a fantastic conference on "Beliefs and the Macroeconomy". Lot's of interesting questions to reflect on at the intersection of behavioural and macroeconomics -- ambiguity, cognition, alternatives to rational expectations. With @francescavmonti.bsky.social. See below for a short write up 👇

Does public trust in a central bank matter? We measure trust, applying genAI to ~4mln tweets about the Fed, and analyse the effects of exogenous trust shocks on the macroeconomy, using as a narrative identification approach that maps scandals involving FOMC members into negative shocks to trust.

Does public trust in a central bank matter? We measure trust, applying genAI to ~4mln tweets about the Fed, and analyse the effects of exogenous trust shocks on the macroeconomy, using as a narrative identification approach that maps scandals involving FOMC members into negative shocks to trust.

David Aikman @kingscollegelondon.bsky.social, @francescavmonti.bsky.social, & Shunshun Zhang @kingscollegelondon.bsky.social introduce a new measure of public trust in the Federal Reserve derived from nearly 4 million tweets about the institution. cepr.org/voxeu/column... #EconSky 📈📉

UCLouvain, NBB and CEPR invite submissions for the conference "Beliefs and the Macroeconomy", which will take place on 5-6 June 2025 in Brussels, with Cosmin Ilut (Duke University and NBER) as keynote speaker. Don't miss the deadline (23 January 2025) to submit you paper: cepr.org/events/belie...

My new paper with David Aikman and Shunshun Zhang on trust in central banks is finally out! cepr.org/publications...

New paper with Riccardo Masolo is out! cepr.org/publications...