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Michael Weber

Professor of Finance · Purdue University

Professor of Finance at Purdue University's Mitch Daniels School of Business since 2025, previously at Chicago Booth. Research covers asset pricing, macroeconomics, international finance and household finance; PhD in finance from UC Berkeley Haas.

2 papers tracked ⌁ Follow this author

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Online First Review of Economic Studies Online 10 Jun 2026

A Temporary VAT Cut as Unconventional Fiscal Policy

Rüdiger Bachmann · Benjamin Born · Olga Goldfayn-Frank · Georgi Kocharkov · Ralph Luetticke · Michael Weber

The paper studies Germany's temporary 3 percentage-point VAT cut from July 1 to December 31, 2020 (standard rate 19%→16%, reduced rate 7%→5%), combining two causal identification strategies with …

Fiscal Policy Household Consumption Heterogeneous Agent Macro Free Read ↗

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 ↗