This thesis was written by Jakob Eberl while having been a research assistant at the Center for Economic Studies (CES) at the University of Munich. It was completed in December 2015 and accepted as a doctoral thesis by the Department of Economics at the University of Munich in May 2016. The...

Die vorliegende kumulative Dissertation umfasst drei Essays, welche sich mit Fragestellungen der Geld- und Fiskalpolitik beschäftigen. Jeder Essay stellt ein Kapitel der Dissertation dar. Das erste Kapitel trägt den Titel "Heterogeneous Expectations and the Merit of Monetary Policy Inertia."...

This dissertation studies the effects of fiscal policy and the challenges due to government debt. The first part of the work consists of an analysis of fiscal policy and government debt in theoretical models. We show in Chapter 2, how the public debt structure, split into internal and external...

The general objective of this dissertation is to understand the relationship between economic growth, government expenditure in public services and infrastructure on different sectors of the population. Through three essays this dissertation pursues the objective by explicitly highlighting the...