This dissertation studies two interesting business cycle issues. Thefirst issue concerns the effectiveness of tax policies in stimulatingan economic recovery. The second issue concerns the costs ofbusiness cycle fluctuations to an investor who chooses to invest inrisky assets. The first essay...

This dissertation studies two interesting business cycle issues. The first issue concerns the effectiveness of tax policies in stimulating an economic recovery. The second issue concerns the costs of business cycle fluctuations to an investor who chooses to invest in risky assets. The first...