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Chapters one and two of the dissertation investigate the effects of political disagreement on macroeconomic outcomes. I introduce a model of governments with heterogeneous preferences over the composition of consumption between private and public goods alternating in power. Unable to commit to...
Persistent link: https://www.econbiz.de/10009429299
The focus of my research is dynamic political economy in macroeconomics. The first chapter of my dissertation studies the fact that Countries in the Organization of Economic Co-operation and Development (OECD) vary widely in their ratio of capital tax rates to labor tax rates. This chapter’s...
Persistent link: https://www.econbiz.de/10009429307
“The charm of history and its enigmatic lesson consist in the fact that, from age to age, nothing changes and yet everything is completely different.” – Aldous HuxleyAldous Huxley perfectly captures the elusive nature of how difficult it is to analyze history to gain insight to the present...
Persistent link: https://www.econbiz.de/10009429354
This thesis covers three issues: the aggregate and welfare effects of environmental policies when plants are heterogeneous; what causes the different patterns of employment dynamics in small versus large firms over business cycles; and the welfare costs of expected and unexpected inflation. In...
Persistent link: https://www.econbiz.de/10009455202
This thesis consists of three chapters pertaining to issues of long-term relationships in labour markets. In Chapter 1, I analyze a model of a two-period advice game. The decision maker chooses to retain or replace the advisor after the first period depending on the first period events. Even...
Persistent link: https://www.econbiz.de/10009455207
This dissertation consists of three independent essays in macroeconomics. The first essay studies the transition to a low carbon economy using an extension of the neoclassical growth model featuring endogenous energy efficiency, exhaustible energy and explicit climate-economy interaction. I...
Persistent link: https://www.econbiz.de/10009455240
This dissertation consists of three essays in Macroeconomics. The first essay assesses the impact of offshoring on aggregate productivity and on labour market outcomes by developing a dynamic general equilibrium model in which workers acquire task-specific human capital. The dynamic nature of...
Persistent link: https://www.econbiz.de/10009455348
This thesis examines two closely related issues: (1) the ability of imperfect information models to explain some aspects of business cycle dynamics, and (2) the interaction between central bank communications and monetary policy. These issues are related because central bank communications can...
Persistent link: https://www.econbiz.de/10009455364
Over seventy years after The Keynesian Revolution and the ascendancy of macroeconomics,a survey of the theoretical landscape shows answers in some areas and questions loomingstill in others. Within the span of the last decade, the elds of economic growth and de-velopment have undergone what...
Persistent link: https://www.econbiz.de/10009458911
University of Minnesota Ph.D. dissertation. August 2010. Major: Economics. Advisors: Professor Fabrizio Perri, Professor Timothy Kehoe. 1 computer file (PDF); viii, 83 pages, appendices A-B.
Persistent link: https://www.econbiz.de/10009462827