L. Luminita Stevens
Luminita Stevens obtained her PhD from Columbia University and joined the University of Maryland in 2012. Her research area is macroeconomics, with a focus on how information processing frictions at the individual level affect aggregate outcomes. Her work studies the impact of information frictions on firm price setting, inflation dynamics, and income inequality, using a blend of applied theory, empirical and experimental methods.
- Monetary Economics
- Information Frictions
- Ph.D. Columbia University, 2012
- Discrete Adjustment to a Changing Environment: Experimental Evidence , Mel W. Khaw, Luminita Stevens, Michael Woodford , Journal of Monetary Economics 91 , 88-103 , November 2017.
- Investor Sophistication and Capital Income Inequality , Marcin Kacperczyk, Jaromir Nosal, and Luminita L. Stevens , Working paper , February 2015.
- Coarse Pricing Policies , Luminita L. Stevens , Working paper , December 2014.
Department of Economics