Timo Henckel is a Senior Lecturer of Economics and a Research Fellow in the Centre for Applied Macroeconomic Analysis. He is also Chair of the Reserve Bank of Australia Shadow Board, a group that aims to foster a lively and informed debate about Australian monetary policy and about macroeconomics more generally. Timo’s research spans the fields of behavioural economics, monetary economics, international macroeconomics, experimental economics, inequality, complexity and heterogeneity. He has theoretically, empirically and experimentally studied the determinants of bounded rationality and the effects of such behaviour on inflation and macroeconomic policy. His work has appeared in leading journals including Economics Letters, Oxford Economic Papers and Journal of Macroeconomics. He has also provided media commentary and written numerous policy briefs for various stakeholders including on: infrastructure policy for the Brookings Institution in Washington D.C.; financial crises for the Sydney Institute; and, asset price bubbles for The Conversation.