Proposes a new comprehensive theory about how expectations are formed and how they shape the macro economy.
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Richard Curtin is the Director of the Surveys of Consumers at the University of Michigan, Ann Arbor, where he has worked for over four decades. His analysis of recent trends in consumer expectations are issued twice monthly and are regularly covered in the worldwide press. Data from the surveys are included in the US Index of Leading Economic Indicators. During his career he has consulted with a number of countries, helping them to establish comparable consumer surveys, as well as a wide range of US and international businesses and financial institutions. He received his B.A. from Michigan State University and his Ph.D. in economics from the University of Michigan.
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