Join us to hear from Nobel Prize winning economist and New York Times bestselling author Robert Shiller who will in this lecture talk about his new book which argues that looking at viral stories’ impact on the economy - an approach he coined as “narrative economics” - gives forecasters better tools for predicting a recession.

Robert J. Shiller is Sterling Professor of Economics, Department of Economics and Cowles Foundation for Research in Economics, Yale University, and Professor of Finance and Fellow at the International Center for Finance, Yale School of Management. He received his B.A. from the University of Michigan in 1967 and his Ph.D. in economics from the Massachusetts Institute of Technology in 1972. He has written on financial markets, financial innovation, behavioral economics, macroeconomics, real estate, statistical methods, and on public attitudes, opinions, and moral judgments regarding markets. He was awarded the Nobel Prize in Economic Sciences jointly with Eugene Fama and Lars Peter Hansen in 2013.

This event marks the publication of Shiller's new book Narrative Economics.

Ricardo Reis is the A W Phillips Professor of Economics at the London School of Economics. He is a consultant to central banks around the world, and is former the chief editor of the Journal of Monetary Economics.

The Centre For Macroeconomics (@CFMUK) is a research centre that brings together a group of world class experts to carry out pioneering research on the global economic crisis and help design policies to alleviate it.

Twitter Hashtag for this event: #LSEShiller

Podcast & Video

A podcast of this event is available to download from Narrative Economics.

The recording of the Facebook Live of this event is available to watch at Narrative Economics.

Podcasts and videos of many LSE events can be found at the LSE Public Lectures and Events: podcasts and videos channel.

Slides

A copy of the PowerPoint presentation is available for download:

Narrative Economics