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Congratulations to Quantedge Presidential Professor Yuriy Gorodnichenko, winner of the R. K. Cho Economics Prize. One of the most prestigious awards to economists, the It has been awarded to scholars in the field of economics who have contributed to the development of scholarship and education. Prof. Gorodnichenko gave a commemorative lecture titled "The Subjective Inflation Expectations of Households and Firms: Measurement, Determinants, and Implications," explaining the fully informed and rational expectation hypothesis commonly accepted in macroeconomics and introducing a study on consumer and business expectation inflation to verify it empirically. Read more
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