Search
Now showing items 1-10 of 49
Title:Limited liability, strategic default and bargaining power Author(s):BALATTI, Mirco; LOPEZ-QUILES CENTENO, Carolina
Date:2021Type:Working PaperSeries/Number:ECB Working Paper; 2021/2519Abstract:In this paper we examine the effects of limited liability on mortgage dynamics. While
the literature has focused on default rates, renegotiation, or loan rates individually,
we study them together as equilibrium outcomes ...
Date:2021Type:Working PaperSeries/Number:ECB Working Paper; 2021/2519Abstract:In this paper we examine the effects of limited liability on mortgage dynamics. While
the literature has focused on default rates, renegotiation, or loan rates individually,
we study them together as equilibrium outcomes ...
Title:Essays in financial economics Author(s):LOPEZ-QUILES CENTENO, CarolinaDate:2021Citation:
- Florence : European University Institute, 2021
Type:ThesisSeries/Number:EUI PhD theses; Department of EconomicsAbstract:In the first chapter we examine the effects of limited liability on mortgage dynamics. While the literature has focused on default rates, renegotiation, or loan rates individually, we study them together as equilibrium ...
Date:2021Citation:
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 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:
Title:Essays in macroeconomics Author(s):SIMON, LaureDate:2020Citation:
- Florence : European University Institute, 2020
Type:ThesisSeries/Number:EUI PhD theses; Department of EconomicsAbstract:The first chapter uncovers a key interaction between government spending, demographics and productivity. I document that age is a key driver of consumption adjustment to government spending shocks, with significantly larger ...
Date:2020Citation:
Title:The long-run effects of uncertainty shocks Author(s):BONCIANI, Dario; OH, Joonseok Date:2019Type:Working PaperSeries/Number:Bank of England Staff; Working Paper; 2019/802Abstract:This paper argues that shocks increasing macroeconomic uncertainty negatively affect economic activity not only in the short but also in the long run. In a sticky-price DSGE model with endogenous growth through investment ...
; OH, Joonseok Date:2019Type:Working PaperSeries/Number:Bank of England Staff; Working Paper; 2019/802Abstract:This paper argues that shocks increasing macroeconomic uncertainty negatively affect economic activity not only in the short but also in the long run. In a sticky-price DSGE model with endogenous growth through investment ...
Title:The macroeconomics of uncertainty Author(s):OH, Joonseok Date:2019Citation:
- Florence : European University Institute, 2019
Type:ThesisSeries/Number:EUI PhD theses; Department of EconomicsAbstract:This thesis comprises three essays that analyze how uncertainty affects the macroeconomy. Each essay investigates a particular feature of uncertainty propagation. The first essay studies the effects of uncertainty shocks ...
Date:2019Citation:
Title:Essays in macroeconomics and macroeconometrics Author(s):LORIA, FrancescaDate:2018Citation:
- Florence : European University Institute, 2018
Type:ThesisSeries/Number:EUI PhD theses; Department of EconomicsAbstract:This thesis investigates topics in macroeconomics and macroeconometrics. Chapter 1, joint with Knut Are Aastveit and Francesco Furlanetto, uses a structural VAR model with time-varying parameters and stochastic volatility ...
Date:2018Citation:
Title:Asset prices, disagreement and trade volume Author(s):SCHÜTZE, FabianDate:2018Citation:
- Florence : European University Institute, 2018
Type:ThesisSeries/Number:EUI PhD theses; Department of EconomicsAbstract:In this thesis, I discuss how asset prices are influenced by the decisions of heterogeneous investors. Asset prices are conventionally explained through a representative-investor whose risk-aversion fluctuates or who faces ...
Date:2018Citation:
Title:The combination of monetary and fiscal policy shocks : a TVP-FAVAR approach Author(s):MOLTENI, Francesco ; PAPPA, EviDate:2017Type:Working PaperSeries/Number:EUI MWP; 2017/13Abstract:This paper analyzes jointly the effects of monetary and fiscal policy shocks in the US economy using a factor augmented vector autoregressive model with drifting coefficients and stochastic volatility. The time varying ...
; PAPPA, EviDate:2017Type:Working PaperSeries/Number:EUI MWP; 2017/13Abstract:This paper analyzes jointly the effects of monetary and fiscal policy shocks in the US economy using a factor augmented vector autoregressive model with drifting coefficients and stochastic volatility. The time varying ...