Ulrike Malmendier: Breaking the Wall to Inflation

#FallingWalls #ScienceSummit23 #ScienceBreakthoughs

Inflation, especially when experienced at high or unpredictable rates, gives rise to several significant economic issues. Firstly, it erodes the purchasing power of consumers, leading to a decrease in the overall standard of living. Fixed-income earners, such as retirees living on pensions, are particularly vulnerable as the real value of their income diminishes. Secondly, inflation can disrupt long-term planning and investment for both individuals and businesses. Uncertainty about future prices can discourage spending and investment, slowing down economic growth. Ulrike Malmendier is a professor of economics and finance at the University of California, Berkeley as well as a member of the Council of Economic Experts whose work focuses on behavioral economics, corporate finance, and law and economics. At Falling Walls, Malmendier will explore a compelling analysis of the profound influence that personal experiences exert on our economic behaviors and future predictions. She investigates the ways in which the fear of inflation can become ingrained in our cognitive processes, shedding light on the neurological underpinnings of this phenomenon.
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About the Falling Walls Science Summit


Three days of intense scientific discussions, networking, and knowledge sharing in the incredible cosmopolitan city of Berlin!

The Falling Walls Science Summit is a leading international, interdisciplinary and intersectoral forum for scientific breakthroughs and science dialogue between global science leaders and society. The event takes place every year in November in Berlin, commemorating the fall of the Berlin Wall. With formats Falling Walls Pitches (7 November), Falling Walls Circle (8 November) and Falling Walls Science Breakthroughs of the Year (9 November), the Falling Walls Science Summit is the leading forum for global science leaders from academia, business, politics, the media, and civil society to debate the potential of scientific breakthroughs to solve grand challenges and shape a sustainable future. The Falling Walls Science Summit is organised by the non-profit Falling Walls Foundation.


Falling Walls Foundation: https://falling-walls.com/

Newsletter: https://falling-walls.com/newsletter/


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Save the Date:
FALLING WALLS
SCIENCE SUMMIT
7 – 9 NOV 2024