Country of Origin: France
Coming from the University of Amsterdam (NL), Isabelle researches experimental economics, macroeconomics, and agent-based models. She has worked on models with heterogeneous agents and on laboratory experiments with human subjects about decision making and forecasting. This is a combined approach, theoretical and empirical, to help improve the realism of the behaviors in macroeconomic and financial models for policy analysis. She has applied this combined approach to the design of monetary and fiscal policies, as well as communication strategies of central banks, especially in a crisis context. She received a grant from INEXC (International Network on Expectational Coordination), an international research project involving several universities, coordinated by the Paris School of Economics, and mainly financed by INET (Institute of New Economic Thinking). At the University of Oregon, she will work with Prof. George Evans and Bruce McGough, in collaboration with Prof. Cars Hommes at the University of Amsterdam, on the design of a laboratory experiment when participants will be asked to make forecast over long horizons. This would provide insights about how people form and revise their expectations over a long period, and how these expectations in turn influence the economic environment.