The National Science Center has published the ranking lists of projects qualified for funding under the OPUS-19 competition.
Among the laureates there was prof. Magdalena Szyszko from the WSB University in Poznań with a project entitled "(Un) economic knowledge of consumers. Research on consumer expectations with the use of experiments and algorithmic methods ”, receiving research funding for the amount of PLN 555,312.
The scientific goal of this project is to develop and apply a proprietary method based on algorithms and experiments to assess the characteristics of consumers' inflation expectations. New methods of quantification and evaluation of the properties of expectations will be presented, as well as a new application of algorithmic methods for their estimation and evaluation. An additional contribution to the method will be the development and popularization of a method of conducting experiments in the post-pandemic period. The project will also provide new knowledge on the effects of central banks' communication on the possibilities and conditions for managing consumer expectations. This project will also have added value for monetary policy makers. The results will indicate the optimal policy in terms of impact on consumers and highlight any limitations.