Download or read book Two Essays in Empirical Macroeconomics written by John Stephen Shea and published by . This book was released on 1990 with total page 638 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays in Empirical Macroeconomics written by John Alexander Nelson Mondragon and published by . This book was released on 2015 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays in Empirical Macroeconomics written by Michael Binder and published by . This book was released on 1995 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays in Empirical Macroeconomics written by Scott Ross Baker and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation contains four distinct essays in two broad areas of empirical macroeconomics. The first area analyzes two drivers of household behavior during the great recession as relates to consumption choices and job search when unemployed. The second area covers the measurement and impact of economic and policy uncertainty on economic outcomes.

Download or read book Essays in Empirical Macroeconomics written by Harun Mirza and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays in Empirical Macroeconomics written by Oliver Salzmann and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays in Empirical Macroeconomics written by David Edward Runkle and published by . This book was released on 1983 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays in Empirical Macroeconomics written by Maral Shamloo and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays in Empirical Macroeconomics written by John Albert Simon and published by . This book was released on 2000 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Empirical Macroeconomics written by Jose Villegas (Economics researcher) and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This dissertation is a collection of independent essays in the field of Empirical Macroeconomics. There are two common themes running through the dissertation. On the one hand, the dissertation emphasizes the role of financial frictions in understanding fluctuations in employment and investment. On the other hand, each essay presents an unrelated causality question in macroeconomics but follows a common approach that combines a detailed research design with a theoretical model to answer it. first chapter studies the role of real estate prices on employment fluctuations. We focus on the relative role of collateral channels on both household and firm sides. To quantify the importance of each channel, we use empirical evidence from Italian municipality data and a quantitative model with financial frictions. First, we exploit variation in property tax changes across municipalities during Italy's 2012 property tax reform. Then, we use the reduced form empirical estimates to calibrate our quantitative model that includes houses and commercial real estate charged with different property tax rates. The calibrated model shows that both collateral channels explain more than 80% of the decline in employment due to lower real estate prices induced by an increase in property taxes. The second chapter studies how a firm's capital structure shapes the investment response during a sovereign debt crisis. To estimate the heterogeneous effect of capital structure on investment response to default risk, we use balance-sheet data for Italian firms during 2007-2015. We find that changes in default risk produce a negative response to investment, which changes with the capital structure. Specifically, the negative response of investment is amplified by at least 55% with higher leverage. However, investment sensitivity could be heightened or attenuated by about 15% with higher maturity, depending on whether firms are highly indebted. We build a partial equilibrium model of investment, short-term and long-term debt, and limited commitment to understanding the mechanisms that explain our empirical results. Our model shows that the effect of debt overhang, rollover risk and its interaction can qualitatively capture the empirical results obtained with Italian data for firms"--Pages vii-viii.

Download or read book Essays in Empirical Macroeconomics written by André Meier and published by . This book was released on 2006 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays in Empirical Macroeconomics written by Patrick Hürtgen and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Empirical Macroeconomics written by Fumitaka Nakamura and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation is a collection of three unrelated essays. All of the three essays are in the area of empirical macroeconomics. Chapter 1 finds that households with different income levels show heterogeneous consumption response to monetary policy, and investigates what mechanism causes this. Firstly, this paper empirically shows that high income households' consumption is more responsive to monetary policy shocks than low income households' consumption. Secondly, this paper uses a heterogeneous agent model to quantify the importance of the two channels to explain the empirical facts: illiquid assets and heterogeneous income source. We find that introducing illiquid assets is the key, which makes the high income households liquidity constrained and more responsive to monetary policy shocks. Chapter 2 introduces the goods-level real exchange rate volatility curve as a function of the degree of price stickiness to investigate the sources of its volatility, as suggested by Crucini et al. (2013). In particular, our model has several key elements not considered in existing literature: adding the Taylor rule monetary policy, adding persistence of shocks, and assuming a more general form of household preferences. From the empirical analysis, we find that the contribution of monetary policy shocks is smaller compared to the previous research. Moreover, we find that the contribution of good-specific productivity shocks is dominant over that of country-level productivity shocks. Chapter 3 discusses the characteristics of trade of global value chains by comparing the coefficients of the gravity model of trade with conventional gross trade statistics and those with trade in value added (TiVA) statistics. We have two main findings. Firstly, the coefficient of distance is lower in gross trade than that of TiVA, which indicates that the volume of gross trade including intermediates is more decreasing in distance compared to that of TiVA. Secondly, the coefficient of common language dummy is higher in gross trade than that of TiVA. This is because firms choose countries for the production to minimize their costs, choosing ones which are closer and use the same language as other stages of production.

Download or read book Essays in Empirical Macroeconomics written by Alexander Bick and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays in Empirical Macroeconomics written by Lidia Storjohann and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays in Empirical Macroeconomics written by Joong Suk Shin and published by . This book was released on 2000 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Empirical Macroeconomics written by Christopher C. Douglas and published by . This book was released on 2007 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: