Empirical Macro Economics Policy Center of Texas

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MISSION STATEMENT The Empirical Macroeconomics Policy Center of Texas (EMPCT) is dedicated to promoting, supporting, and diffusing empirical macroeconomic research Read more
Macro Faculty | Affiliated Students | External Affiliates DIRECTORS Olivier Coibion is the Malcolm Forsman Centennial Professor of Economics at The University Read more
Is It 1978 All Over Again? Why Americans Are Right to Expect Much Higher InflationApril 1, 2026By Olivier Coibion and Yuriy GorodnichenkoExcerpt - According to our Read more

OPINIONS | April 1, 2026

Is It 1978 All Over Again? Why Americans Are Right to Expect Much Higher Inflation
According to our latest survey of households, the average American currently expects inflation of more than 6% over the next year. Federal Reserve officials are predicting less than 3%. The average American is probably right. The reason lies in a historical pattern going back to the Great Inflation of the 1970s that is repeating itself with uncomfortable precision. Read more

Spring Macro Conference 2026

April 23, 2026 – April 24, 2026
Legacy Events Center, CBA 3.202

The Spring Macro Conference, co-hosted with the McCombs School of Business, will take place on April 23–24, 2026. This annual event will feature 10 invited speakers and will attract leading scholars from across the world, expanding UT Austin’s academic reach, creating opportunities for faculty and student engagement, and solidifying The University of Texas at Austin’s reputation as a hub for cutting-edge macroeconomic research.
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Spring 2026 Macro Conference

April 23, 2026 - April 24, 2026
Legacy Events Center, CBA 3.202

The Spring Macro Conference, co-hosted with the McCombs School of Business, will take place on April 23–24, 2026. This annual event will feature 12 invited speakers and will attract leading scholars from across the world, expanding UT Austin’s academic reach, creating opportunities for faculty and student engagement, and solidifying The University of Texas at Austin’s reputation as a hub for cutting-edge macroeconomic research.

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CMT Expectations Conference

May 21, 2026
Glickman Conference Center, The University of Texas at Austin, Rm 1.302B

EMPCT is pleased to announce that we will be hosting the inaugural California-Michigan-Texas (CMT) Conference on Expectations and Behavior at UT Austin on May 21, 2026. This conference, co-organized by the University of Michigan, UC Berkeley, and UT Austin, will rotate across institutions, beginning this year with UT Austin. We are delighted to welcome Stefanie Stantcheva (Harvard) as the keynote speaker.

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