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researcher

Michael Cai

1 paper hereh-index 00 citations1 works total

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author position
  • sole author1

Across the 1 of 1 paper where every author was matched, so the position is known.

fields
  • econ.GN1

identity via Semantic Scholar / OpenAlex

works on
consumption dynamics 1expectations 1heterogeneous agents 1macroeconomic inertia 1monetary policy 1

From the 1 of 1 linked paper with an AI index.

collaborators

1 paper

econ.GN2026

Explaining the Macroeconomic Inertia Puzzle

Michael Cai

The paper shows that standard heterogeneous‑agent macro models can generate sluggish aggregate consumption responses without habit preferences by using survey‑based expectations, a…

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Not affiliated with arXiv. Researcher data from Semantic Scholar (ODC-BY) and OpenAlex.