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Chen Lian

Assistant Professor of Economics · University of California, Berkeley

Economist at UC Berkeley working on macroeconomics, behavioral economics and finance, including monetary policy and fiscal-monetary interaction. PhD MIT 2020; NBER affiliate.

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Online First Quarterly Journal of Economics Online 18 Jun 2026
Beliefs About the Economy are Excessively Sensitive to Household-Level Shocks: Evidence from Linked Survey and Administrative Data

Dmitry Taubinsky · Luigi Butera · Matteo Saccarola · Chen Lian

Linking the monthly Danish Consumer Expectations Survey to the Danish administrative registry, this paper shows that households' inflation forecasts move strongly and negatively with their own recent …