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.
Results
Showing 1 to 17 of 17 for “"Macroeconomic dynamics"”.
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Macroeconomic dynamics in low income economies
… exchange constraints on the behaviour of key macroeconomic variables. The literature defines the problem of export fluctuations with reference to commodity concentration of exports, the ability to forecast the fluctuations, and the availability of foreign reserves to meet the effects of …
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Essays on macroeconomic dynamics and the econometrics of expectiles
… In four essays, we apply this approach to (1) macroeconomic dynamics and (2) expectile regression, which is a latent topic in the literature. In the first essay, we investigate government spending multipliers using a two-regime model and impulse response functions with fully endogenous regimes. …
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Essays on Macroeconomic Dynamics, Credit Intermediation and Financial Stability
… for the U.S economy using quarterly data on key macroeconomic variables over the period 1970 - 2006. Household and firm financial accelerators operate primarily through movement in house and capital prices respectively. We find clear evidence of the operation of a financial accelerator mechanism, …
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Exchange rate volatility, employment and macroeconomic dynamics in South Africa
… rate volatility on manufacturing by adopting macroeconomic policies that minimise exchange rate volatility and policies that promote employment creation, for instance, less restrictive policies given that the results show that an increase in interest rates leads to a decline in employment. …
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Regional macroeconomic dynamics in Britain: Investigating structural heterogeneity in transmission of shocks
This thesis is a study of the macrodynamics of the British regions. It reports the existence of heterogeneity in British regional macrodynamics and furthermore demonstrates, through three related research programmes, for the first time how differences in short run and long run dynamics of the …
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Essays on monetary policy, institutions and terms of trade shocks in emerging market economies
… terms of trade shocks and how they shape the macroeconomic dynamics and the conduct of monetary policy. These issues are discussed in three essays. The first essay empirically evaluates the role of institutional structures in inflation targeting in emerging market economies (EMEs). The second …
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Essays in financial economics
… and their implications for asset pricing and macroeconomic dynamics. In Chapter 1, I use data on the portfolio holdings and income of millions of US retirement investors to show that positive and persistent shocks to income lead to a significant increase in the equity share of investor …
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Essays in Banking and Default
… chapter, titled "Gambling Traps", analyzes macroeconomic dynamics under this framework in a dynamic general equilibrium model. I show that self-fulfilling expectations about high bank risk-taking may lead to 'gambling traps' associated with slow recovery from crises. In a gambling trap, high …
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Empirical Evaluation of DSGE Models for Emerging Countries
… (DSGE) models in explaining the behavior of macroeconomic dynamics in emerging countries. </p><p>Chapter 1, which is joint work with M. Uribe and R. Pancrazzi, investigates the hypothesis that a real business cycles model driven by permanent and transitory productivity shocks can explain well …
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An analysis of push and pull factors of capital flows in a regional trading bloc
… during the period reviewed is mainly pulled by macroeconomic dynamics, infrastructure and human resources factors and pushed by global macroeconomic performance. Likewise, FPI is largely pulled by GDP and infrastructure factors. The results further show that FDI and FPI inflows in regional …
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Essays in Financial Economics
… premia, the valuation of government debt, and macroeconomic dynamics. The first chapter documents and explores the implications of the risk price puzzle–the empirical disconnect between inflation and risk premium shocks. I show that existing New Keynesian models struggle to rationalize the risk …
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Financial constraints and firms’ activities in China
… activities is an important issue from both macroeconomics and microeconomics perspectives. The recent development of the asymmetric information approach has established a link between finance and the real activity. A good understanding of the effects of financial constraints and firms’ …
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Essays on Energy and Behavioral Financial Economics
… to demonstrate that the project is vulnerable to macroeconomic shocks and financial risks. Model results show that the capacity factor is the most prominent factor in costs, and a 10% change in the capacity factor affects the LCOE about the same rate. Investment cost and interest rate are the …
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Essays in asset prices and macroeconomics
… by two chapters relating asset prices and macroeconomic dynamics, the first one explores this relationship from a theoretical point of view while the second chapter is focused on a more empirical approach to use information from asset prices. The first chapter contributes with the macro- …
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Essays in financial economics
… empirically investigate the asset pricing and macroeconomic implications of uncertainty shocks, propose new measures for model robustness, explain the joint dynamics on equity excess returns and real exchange rates. In the first chapter, I show that the effect of uncertainty shocks on asset …
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Essays on monetary policy and financial markets in heterogeneous economies
This dissertation investigates three major macroeconomic events, the Dot-com Bubble (late 1990s-2000), the Great Financial Crisis (2007-2008), and the COVID-19 Pandemic (2019-2020), through novel analytical channels, with a particular emphasis on heterogeneity at the household, firm, and sector …
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Bounded Rationality in Macroeconomics
… such imperfect reasoning and decision making for macroeconomic dynamics and policy. The first chapter, “Attention Cycles” (jointly authored with Joel P. Flynn), studies the causes and consequences of fluctuations in apparent bounded rationality over the business cycle. Using data from US public …