Our inescapable experiences

Ulrike Malmendier is the premier economic scholar for understanding how our experiences affect our decisions, even in ways we might not recognize. Ulrike joins Cardiff to discuss the nuances and applications of her research, including why daily habits like grocery shopping affect our expectations for the economy; how the crises we live through determine the extent of our lifetime participation in financial markets; and how policymakers at the Federal Reserve are just as susceptible to the effects of their experiences as the rest of us are to our own. Plus, Ulrike offers an optimistic view on how our future decision-making might be transformed by the pandemic. Links from the episode: Ulrike Malmendier is on Twitter at @umalmend Ulrike’s research (https://tinyurl.com/eyv99d4a) Ulrike’s AEA/AFRA Joint Lecture (https://tinyurl.com/9x94f8jr) Cardiff and Aimee are on Twitter at @CardiffGarcia and @AimeePKeane Send us an email! You can write to us at [email protected]