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Bernardo Candia

Research Economist · Federal Reserve Bank of Cleveland

Research Economist in the Research Department of the Federal Reserve Bank of Cleveland, working on macroeconomics, international economics and economic history, including firms' inflation expectations. PhD in Economics from UC Berkeley (2025).

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Published Econometrica Online 1 Jan 2025
Tell Me Something I Don't Already Know: Learning in Low- and High-Inflation Settings

Michael Weber · Bernardo Candia · Hassan Afrouzi · Tiziano Ropele · Rodrigo Lluberas · Serafin Frache · Brent Meyer · Saten Kumar · Yuriy Gorodnichenko · Dimitris Georgarakos · Olivier Coibion · Geoff Kenny · Jorge Ponce

This paper uses randomized control trials (RCTs) applied over time in multiple countries to study whether the economic environment — specifically the level of inflation — affects how agents learn from …

Inflation Dynamics Central Bank Communication Free Read ↗