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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 ...

Title:Essays in financial economics Author(s):LOPEZ-QUILES CENTENO, Carolina
Date: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 ...

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 ...



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 ...


Title:Essays in macroeconomics Author(s):SIMON, Laure
Date: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 ...
