Ou, Shengliang (Date of defense: 2019-07-03)
This thesis consists of three chapters on macroeconomic policy and business cy-cles. In chapter 1, I estimate a time-varying structural VAR to study the effects of government spending shocks on a number ...
Caracciolo, Giacomo (Date of defense: 2019-10-29)
Limited asset market participation is a well-known stylized fact and a widespread phenomenon even in developed economies. While existing models have already examined the effects of social security and ...
Höynck, Christian (Date of defense: 2021-01-07)
This thesis consists of three essays that analyze the role of sectoral heterogeneity on inflation dynamics and optimal monetary policy. In the first chapter, I consider a framework where firms are ...
Cairó, Isabel (Date of defense: 2014-06-11)
This thesis investigates the role of human capital in understanding recent developments in the U.S. labor market. Chapter 1 provides novel empirical evidence suggesting that an increasing importance of ...
Manea, Cristina (Date of defense: 2020-04-30)
In my PhD thesis, I extend the basic New Keynesian (NK) model (Galí (2015), Woodford (2003)) on three distinct dimensions. (i) In the first chapter, I introduce endogenous money creation by private banks ...