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Dr. Cole joined Marquette University in 2015. He earned his Ph.D. and MA in economics from the University of California, Irvine. He received his BA in economics and business from Westmont College.
Dr. Cole’s research interests include monetary economics, macroeconomics, time series econometrics, and econometrics. His work has examined the effect of unconventional monetary policies, the impact that deviations from the rational expectations hypothesis have on macroeconomic fluctuations, and financial frictions in the economy. His current research studies the role that assumptions about the formation of expectations have on the efficacy of central bank forward guidance.
Cole, Stephen J., and Fabio Milani. "The misspecification of expectations in New Keynesian models: a DSGE-VAR approach." Macroeconomic Dynamics(2017): 1-34.