The dissertation examines macroeconomic asymmetries and their implications for monetary policy. In the first chapter, we study a non-linear New Keynesian model with an asymmetry in price-adjustment costs (more severe downward rigidity in prices), and a number of its interesting implications. The...

This dissertation consists of three essays that delve into the intersection of econometrics and macroeconomics. The essays employ econometric tools to investigate various topics related to macroeconomic forecasting and policy-making. The first essay aims to help policy-makers conduct robust...

Campaign donors in the United States, though a small and unrepresentative segment of the broader electorate, have the financial means to potentially exert an outsized influence in American politics. Understanding the micro-foundation of donor behavior–why do they give? And how do they choose...

In this dissertation, I examine the effect of the minimum wage and monetary policy on inequality and the aggregate economy. The first chapter develops a theoretical model to simulate the impact of policy experiments on labor income inequality and the aggregate economy. The second chapter...

The rise of the USD as the main currency for international transactions and investments makes non-us banks hold significant amounts of US dollars. As a result, there is spillover from US monetary policy to these foreign banks. I show that an increase in interest rates in the US dollar increases...

State-owned enterprises (SOEs) are the dominant firm type in the global electricity sector. Given their prevalence, the acquisition of new electricity generation technologies by these firms, could have vast implications for electricity supply, economic growth, greenhouse-gas emissions and the...

In chapter 1, I study the experimentation dynamics of a decision maker (DM) in a two-armed bandit setup ([5]), where the agent holds ambiguous beliefs regarding the distribution of the return process of one arm and is certain about the other one. The DM entertains Multiplier preferences a la...