國立虎尾科技大學 |

Essays in Macroeconomics.

紀錄類型:	書目-語言資料,手稿 : Monograph/item
正題名/作者:	Essays in Macroeconomics./
作者:	Maroz, Danila.
面頁冊數:	1 online resource (134 pages)
附註:	Source: Dissertations Abstracts International, Volume: 85-12, Section: A.
Contained By:	Dissertations Abstracts International85-12A.
標題:	Public policy. -
電子資源:	click for full text (PQDT)
ISBN:	9798382783772

Essays in Macroeconomics.
Maroz, Danila.

Essays in Macroeconomics. - 1 online resource (134 pages)

Source: Dissertations Abstracts International, Volume: 85-12, Section: A.

Thesis (Ph.D.)--Harvard University, 2024.

Includes bibliographical references

The present work explores some of the key questions of macroeconomic analysis: causal effect of monetary policy, causal effect of fiscal policy and the behavior of macroeconomic data in abnormal periods.The first chapter presents the development and the application of the novel identification method, the negative control approach, in the in macroeconomic setting. To identify the causal effects of the market interest rates on the macroeconomic outcomes of interest, we employ macroeconomic news and measures of Fed policy as the auxiliary variables satisfying orthogonality restrictions derived from the analysis of the information flow.The second chapter utilizes the dataset of federal government contract spending to estimate the local multiplier. We present the baseline estimates using the newly constructed dataset and propose and explore three key potential hindrances: heterogeneity, endogeneity and spillovers. The first two factors seem to be particularly relevant in driving the estimates towards zero and adjustments in this respect doubles the estimated multiplier values.The third chapter looks at the broad dynamics of the macroeconomic data in the context of abnormal variations as represented by the Covid period. The addition of a new dynamic factor in the Covid period helps absorb a large amount of the anomalous variation and presents a viable alternative to omitting the Covid period data in use for macroeconomic analysis.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2024

Mode of access: World Wide Web

ISBN: 9798382783772Subjects--Topical Terms:

1002398
Public policy.
Subjects--Index Terms:

MacroeconomicsIndex Terms--Genre/Form:

554714
Electronic books.

Essays in Macroeconomics.
LDR:02780ntm a22004097 4500 001 1147596
005 20240909103820.5
006 m o d
007 cr bn ---uuuuu
008 250605s2024 xx obm 000 0 eng d
020 $a 9798382783772
035 $a (MiAaPQ)AAI31295318
035 $a AAI31295318
040 $a MiAaPQ $b eng $c MiAaPQ $d NTU
100 1 $a Maroz, Danila. $3 1473354
245 1 0 $a Essays in Macroeconomics.
264 0 $c 2024
300 $a 1 online resource (134 pages)
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
500 $a Source: Dissertations Abstracts International, Volume: 85-12, Section: A.
500 $a Advisor: Stock, James.
502 $a Thesis (Ph.D.)--Harvard University, 2024.
504 $a Includes bibliographical references
520 $a The present work explores some of the key questions of macroeconomic analysis: causal effect of monetary policy, causal effect of fiscal policy and the behavior of macroeconomic data in abnormal periods.The first chapter presents the development and the application of the novel identification method, the negative control approach, in the in macroeconomic setting. To identify the causal effects of the market interest rates on the macroeconomic outcomes of interest, we employ macroeconomic news and measures of Fed policy as the auxiliary variables satisfying orthogonality restrictions derived from the analysis of the information flow.The second chapter utilizes the dataset of federal government contract spending to estimate the local multiplier. We present the baseline estimates using the newly constructed dataset and propose and explore three key potential hindrances: heterogeneity, endogeneity and spillovers. The first two factors seem to be particularly relevant in driving the estimates towards zero and adjustments in this respect doubles the estimated multiplier values.The third chapter looks at the broad dynamics of the macroeconomic data in the context of abnormal variations as represented by the Covid period. The addition of a new dynamic factor in the Covid period helps absorb a large amount of the anomalous variation and presents a viable alternative to omitting the Covid period data in use for macroeconomic analysis.
533 $a Electronic reproduction. $b Ann Arbor, Mich. : $c ProQuest, $d 2024
538 $a Mode of access: World Wide Web
650 4 $a Public policy. $3 1002398
650 4 $a Finance. $3 559073
653 $a Macroeconomics
653 $a Monetary policy
653 $a Market rates
653 $a Multiplier values
653 $a Local multiplier
655 7 $a Electronic books. $2 local $3 554714
690 $a 0501
690 $a 0511
690 $a 0630
690 $a 0508
710 2 $a Harvard University. $b Economics. $3 1180926
710 2 $a ProQuest Information and Learning Co. $3 1178819
773 0 $t Dissertations Abstracts International $g 85-12A.
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=31295318 $z click for full text (PQDT)