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Essays on Macroeconomic Stabilization.
~
ProQuest Information and Learning Co.
Essays on Macroeconomic Stabilization.
紀錄類型:
書目-語言資料,手稿 : Monograph/item
正題名/作者:
Essays on Macroeconomic Stabilization./
作者:
Kekre, Rohan.
面頁冊數:
1 online resource (279 pages)
附註:
Source: Dissertation Abstracts International, Volume: 78-12(E), Section: A.
標題:
Economics. -
電子資源:
click for full text (PQDT)
ISBN:
9780355029093
Essays on Macroeconomic Stabilization.
Kekre, Rohan.
Essays on Macroeconomic Stabilization.
- 1 online resource (279 pages)
Source: Dissertation Abstracts International, Volume: 78-12(E), Section: A.
Thesis (Ph.D.)--Harvard University, 2016.
Includes bibliographical references
Motivated by policy debates emerging from the U.S. Great Recession and Eurozone crisis, I study the stabilization role of monetary, fiscal, and macroprudential policies in response to short-run fluctuations. In the first essay on "Unemployment Insurance in Macroeconomic Stabilization", I characterize the role of unemployment insurance (UI) generosity as a particular instrument of fiscal policy, and use my framework to quantitatively evaluate the employment and welfare effects of UI extensions in the U.S. over 2008-13. In the second essay on "Labor Market Frictions in a Monetary Union", I study stabilization trade-offs and optimal monetary policy in a monetary union where labor markets are frictional and heterogeneous across member states, with implications for the sustainability of the Euro and policy of the ECB. In the third essay on "Firm vs. Bank Leverage over the Business Cycle" , I develop a general equilibrium model explaining the contrasting cyclical behavior of non-financial corporate and bank leverage in U.S. data, and study its implications for macroprudential regulation in banking. Methodologically, these essays share a focus on building theoretical models of closed and open economies to address policy-relevant questions in macroeconomics, drawing on additional ideas from related fields such as public economics and finance.
Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2018
Mode of access: World Wide Web
ISBN: 9780355029093Subjects--Topical Terms:
555568
Economics.
Index Terms--Genre/Form:
554714
Electronic books.
Essays on Macroeconomic Stabilization.
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click for full text (PQDT)
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