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Title:Essays in macroeconomics Author(s):VARDISHVILI, Oliko
Date:2021Citation:
- Florence : European University Institute, 2021
Type:ThesisSeries/Number:EUI PhD theses; Department of EconomicsAbstract:In the U.S., 40% of students drop out of college. While dropout decisions may constitute an efficient response to students' discovering their low academic ability, they may be inefficient if an able student drops out due ...
Date:2021Citation:
Title:Financial crises and shadow banks : a quantitative analysis Author(s):ROTTNER, Matthias Christian 
Date:2021Type:Working PaperSeries/Number:EUI ECO; 2021/02Abstract:Motivated by the build-up of shadow bank leverage prior to the Great Recession, I develop a nonlinear macroeconomic model that features excessive leverage accumulation and show how this can cause a bank run. Introducing ...
Date:2021Type:Working PaperSeries/Number:EUI ECO; 2021/02Abstract:Motivated by the build-up of shadow bank leverage prior to the Great Recession, I develop a nonlinear macroeconomic model that features excessive leverage accumulation and show how this can cause a bank run. Introducing ...
Title:Asset purchases, limited asset markets participation and inequality Author(s):TSIARAS, Stylianos Date:2021Type:Working PaperSeries/Number:EUI MWP; 2021/03Abstract:This paper examines the impact of quantitative easing (QE) on aggregate demand and inequality in a restricted financial participation economy. It shows that when wages are sticky and asset market participation is high, QE ...
Date:2021Type:Working PaperSeries/Number:EUI MWP; 2021/03Abstract:This paper examines the impact of quantitative easing (QE) on aggregate demand and inequality in a restricted financial participation economy. It shows that when wages are sticky and asset market participation is high, QE ...
Title:Monetary policy and inequality under labor market frictions and capital-skill complementarity Author(s):MOTYOVSZKI, Gergo ; DOLADO, Juan J.; PAPPA, EviDate:2021Citation:
- American economic journal : macroeconomics, 2021, Vol. 13, No. 2, pp. 292-332
Type:ArticleAbstract:We provide a new channel through which monetary policy has distributional consequences at business cycle frequencies. We show that an unexpected monetary easing increases labor income inequality between high-skilled and ...
; DOLADO, Juan J.; PAPPA, EviDate:2021Citation:
Title:Essays in macroeconomics and nonlinear dynamics Author(s):ROTTNER, Matthias Christian Date:2021Citation:
- Florence : European University Institute, 2021
Type:ThesisSeries/Number:EUI PhD theses; Department of EconomicsAbstract:This thesis investigates topics in macroeconomics with nonlinear dynamics as their inherent feature. It aims to further the understanding of the connection between the financial sector and economic fluctuations, challenges ...
Date:2021Citation:
Title:The productivity puzzle and the decline of unions Author(s):MITRA, Aruni Date:2021Type:Working PaperSeries/Number:EUI MWP; 2021/05Abstract:What explains the sudden vanishing of the procyclicality of productivity in the U.S. during the 1980s? Using cross-sectional evidence from states and industries, this paper argues that lower costs of hiring and firing ...
Date:2021Type:Working PaperSeries/Number:EUI MWP; 2021/05Abstract:What explains the sudden vanishing of the procyclicality of productivity in the U.S. during the 1980s? Using cross-sectional evidence from states and industries, this paper argues that lower costs of hiring and firing ...
Title:Essays in macroeconomics Author(s):TERESIŃSKI, Jan Karol Date:2021Citation:
- Florence : European University Institute, 2021
Type:ThesisSeries/Number:EUI PhD theses; Department of EconomicsAbstract:In the first two chapters of this thesis we analyze the impact of an increase in transfer payments - i.e., fiscal stimulus in a form of direct payments to individuals - on budget deficits. In the first chapter we study ...
Date:2021Citation:
Title:Essays on macroeconomic policies and household heterogeneity Author(s):MOTYOVSZKI, Gergo Date:2021Citation:
- Florence : European University Institute, 2021
Type:ThesisSeries/Number:EUI PhD theses; Department of EconomicsAbstract:This thesis is composed of three independent chapters, but all centered around the broader topic of how macroeconomic policies interact with various aspects of household heterogeneity. Monetary policy and inequality under ...
Date:2021Citation: