SCOPE lecture: Seemingly Irrelevant Events Affect Economic Perceptions and Expectations: The FIFA World Cup 2006 as a Natural Experiment

Prominent economic theories have emphasized the role of commonly held perceptions and expectations for determining macroeconomic outcomes. A key empirical question is how such collectively held beliefs are formed.

Prof. Uwe Sunde will use the FIFA World Cup 2006 as a natural experiment and provide direct evidence that seemingly irrelevant events (the outcomes of soccer matches) can systematically affect individual perceptions about economic prospects, both on a personal and economy-wide level.

Uwe Sunde is currently Professor of Economics at the University of Munich. He studied economics at the Universities of Warwick (England) and Munich, where he received the degree of Diplom Volkswirt in 1998. In fall 1998, he enrolled in the European Doctoral Program and became affiliated with IZA. He spent the first year of the doctoral program at the Bonn Graduate School of Economics and went through the second year at the Universitat Pompeu Fabra in Barcelona. After obtaining his habilitation from the University of Bonn in 2008, he held a chair in macroeconomics at the University of St. Gallen until 2012.

Date: 21 November 2012, 19:00

Location: Lecture Hall, SBE

More information: SCOPE | Economics

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