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Title:Limited liability, strategic default and bargaining power Author(s):BALATTI, Mirco; LOPEZ-QUILES CENTENO, CarolinaEUI affiliatedDate: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 ...
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Title:Essays in financial economics Author(s):LOPEZ-QUILES CENTENO, CarolinaEUI affiliatedDate: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 ...
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Title:Monetary policy and inequality under labor market frictions and capital-skill complementarity Author(s):MOTYOVSZKI, GergoEUI affiliated https://orcid.org/0000-0002-1229-7564; DOLADO, Juan J.EUI affiliated; 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 ...
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Title:Essays on macroeconomic policies and household heterogeneity Author(s):MOTYOVSZKI, GergoEUI affiliated https://orcid.org/0000-0002-1229-7564Date: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 ...
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Title:Essays in macroeconomics Author(s):SIMON, LaureEUI affiliatedDate: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 ...

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AuthorLOPEZ-QUILES CENTENO, Carolina (2)MOTYOVSZKI, Gergo (2)BALATTI, Mirco (1)DOLADO, Juan J. (1)PAPPA, Evi (1)SIMON, Laure (1)SubjectMacroeconomics (2)Banks and banking (1)D10 (1)Debt repudiation (1)E40 (1)Expenditures, Public (1)Finance (1)G21 (1)Lender recourse (1)Monetary policy (1)... View MoreTypeThesis (3)Article (1)Working Paper (1)Date Issued2021 (4)2020 (1)Series/NumberDepartment of Economics (3)EUI PhD theses (3)2021/2519 (1)ECB Working Paper (1)
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