Details about Alistair Macaulay

Access statistics for papers by Alistair Macaulay.

Last updated 2026-05-11. Update your information in the RePEc Author Service.

Short-id: pma3165

Working Papers

2026

1. Monetary Policy Narratives and the Transmission of Monetary Policy
   School of Economics Discussion Papers, School of Economics, University of Surrey
2. The Causal Effects of Heterogeneous Expectation Formation in General Equilibrium
   School of Economics Discussion Papers, School of Economics, University of Surrey

2025

3. Ambiguity Aversion, Portfolio Choice, and Life Expectancy
   School of Economics Discussion Papers, School of Economics, University of Surrey
   See also Journal Article Ambiguity Aversion, Portfolio Choice, and Life Expectancy, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2026) (2026)

2024

4. The (Mis)Allocation of Corporate News
   Staff Working Papers, Bank of Canada View citations (2)

2023

5. Narrative-Driven Fluctuations in Sentiment: Evidence Linking Traditional and Social Media
   Staff Working Papers, Bank of Canada View citations (3)
   Also in MPRA Paper, University Library of Munich, Germany (2022) View citations (11)
   Economics Series Working Papers, University of Oxford, Department of Economics (2022) View citations (11)

2022

6. Heterogeneity in imperfect inflation expectations:theory and evidence from a novel survey
   Economics Series Working Papers, University of Oxford, Department of Economics
7. Heterogeneous Information, Subjective Model Beliefs, and the Time-Varying Transmission of Shocks
   CESifo Working Paper Series, CESifo View citations (2)

2021

8. The Attention Trap: Rational Inattention, Inequality, and Fiscal Policy
   Economics Series Working Papers, University of Oxford, Department of Economics View citations (1)
   See also Journal Article The attention trap: Rational inattention, inequality, and fiscal policy, European Economic Review, Elsevier (2021) View citations (3) (2021)

2020

9. The 3 E’s of Central Bank Communication with the Public
   CEPR Discussion Papers, Centre for Economic Policy Research View citations (8)
10. The 3 E’s of central bank communication with the public
    Bank of England working papers, Bank of England View citations (11)

2019

11. A Rational Inattention Unemployment Trap
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (7)
    See also Journal Article A rational inattention unemployment trap, Journal of Economic Dynamics and Control, Elsevier (2021) (2021)

Journal Articles

2026

1. Ambiguity Aversion, Portfolio Choice, and Life Expectancy
   International Economic Review, 2026, 67, (2), 633-655
   See also Working Paper Ambiguity Aversion, Portfolio Choice, and Life Expectancy, School of Economics Discussion Papers (2025) (2025)

2025

2. Cyclical Attention to Saving
   American Economic Journal: Macroeconomics, 2025, 17, (4), 124-67

2023

3. News Media, Inflation, and Sentiment
   AEA Papers and Proceedings, 2023, 113, 172-76 View citations (4)

2021

4. A rational inattention unemployment trap
   Journal of Economic Dynamics and Control, 2021, 131, (C)
   See also Working Paper A Rational Inattention Unemployment Trap, CEPR Discussion Papers (2019) View citations (7) (2019)
5. The attention trap: Rational inattention, inequality, and fiscal policy
   European Economic Review, 2021, 135, (C) View citations (3)
   See also Working Paper The Attention Trap: Rational Inattention, Inequality, and Fiscal Policy, Economics Series Working Papers (2021) View citations (1) (2021)