Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 10 of 10 for “"Fiscal stimulus"”.
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Fiscal stimulus through state and local governments
… Despite these facts, the debates surrounding fiscal policy during business cycles have usually been limited to the actions of the federal government. This is in large part due to two reasons. First, there are 50 state governments and more than 60,000 local governments, making coordinated …
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Three Essays on Fiscal Stimulus, Corporate Policies, and the Local Economy
Over recent decades, large public firms have captured an ever-growing share of U.S. corporate profits. In parallel, payout rates have risen sharply: firms increasingly return profits to shareholders rather than retain them. Together, these two trends have produced a dramatic surge in corporate …
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Essays on redistributive fiscal policies and macroeconomics
… chapters. Chapters 1 and 2 study redistributive fiscal policies. Chapter 3 analyzes the role of asymmetric information in frictional labor markets. Fiscal stimulus during the Great Recession consisted mainly of transfers, rather than government purchases. Chapter 1 analyzes the role of marginal …
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Essays on Nonlinearities and Structural Breaks in the Relationships between Macroeconomic Variables
… past three recessions, the asymmetric effects of fiscal stimulus over the business cycle, and the asymmetric effects of fiscal cuts and stimulus respectively. In the first chapter, I examine the three leading theoretical explanations for the recent jobless recoveries using a correlated unobserved …
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The Management of the Economic Crisis in Spain by the PSOE Government: a Domestic Political Perspective
… distinct stages – downplaying/inaction, reaction/stimulus and austerity/reform – the PSOE´s response was certainly constrained by external factors, most notably EMU membership and the actions of sovereign-bond investors, the ECB and Germany. Yet while these external constraints forced the …
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Essays in Monetary Policy and Growth
… first two chapters study optimal monetary (and fiscal) policy. The third chapter studies the relationship between transformative artificial intelligence, economic growth, and asset pricing. The first chapter (joint with Daniele Caratelli) studies optimal monetary policy in a world with menu …
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ESSAYS ON THE EFFECTS OF PUBLIC POLICIES ON HOUSING, EMPLOYMENT, AND INCOME INEQUALITY
… a key element of the federal government’s fiscal stimulus efforts during the 2020 coronavirus-induced recession. To assess the effect of this support on small business employment, I exploit differential timing in when firms rolled off headcount requirements needed to receive loan …
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Essays in financial economics
… constraints in households' responses to fiscal stimulus programs. In joint work with Jonathan Parker, Brian Melzer, and Arcenis Rojas, this chapter evaluates the impact of the Car Allowance Rebate System (CARS) on vehicle purchases. We find that the liquidity provided by CARS amplified …
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Labour Market Policies and Unemployment in the Presence of Search & Matching Frictions
… by the extensive use of fiscal stimulus policies and labour market reforms during the last economic crisis, in Chapter 3 we study the implications of labour market regulations in driving the sensitivity of an economy to fiscal spending shocks, in a Dynamic Stochastic …
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Exploring the Role of Fiscal Policy and Sovereign Debt Shocks on Economic Growth among Southern African Developing Communities
Fiscal policy remains a key macroeconomic stabilisation mechanism at the disposal of governments and fiscal policymakers to influence economic activities consistent with balanced and sustainable economic growth. A thorough understanding of the role fiscal policy remains extremely paramount for …