This chapter explores the complex interaction between migration and terrorism. It proposes a 'terrorism-migration cycle' to investigate systematically this interaction at every stage of the migration process. Importantly, no stage of the migration process is independent of what happened on the...

This dissertation consists of three self-contained chapters on monetary policy and fiscal policy. All three papers concern the effects of monetary and fiscal policy in the presence of financial frictions. In the first paper this friction is a zero lower bound on the nominal interest rate, which...