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 6 of 6 for “"Nominal Shocks"”.
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Nominal shocks and relative price variability: an empirical study for the Peruvian economy
… rate on a weighted average of the relative price shocks normalized by their conditional variances are evaluated and found statistically significant. Finally, both methods of testing empirically the hypothesis that inflation uncertainty increases relative price variability provided consistent …
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International Transmission Of U.s. Real, Nominal, And Financial Shocks
<p>This dissertation identifies real, nominal, and financial shocks in the U.S. and observes their effects on U.S. as well as G�macroeconomic variables. First, the real and nominal shocks in the U.S. are identified by using long-run implications of an open economy stochastic macroeconomic model, …
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Essays on the business cycle
… and its consequences for the propagation of nominal shocks in a neoclassical economy. To paraphrase Domar it deals with fluctuations of investment and of capital stock subject to depreciation and endogenous replacement. In the first essay I document the extent of the acceleration in …
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Essays on informational frictions in macroeconomics and finance
… constraints mitigate the impact of productivity shocks on equilibrium output and asset prices, but amplify the impact of "noise", by which I mean common errors in expectations. Noise can thus be an important source of asset-price volatility and business-cycle fluctuations when collateral …
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Essays on the transmission mechanism of monetary policy
… in which unexpected and expansive monetary shocks unambiguously generate a permanent nominal exchange rate depreciation and a temporary current account surplus, is outlined. After discussing some extensions of the basic model and verifying the lack of robustness of the main theoretical …
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Essays in open economy macroeconomics
… slowly adjusting prices in the context of large shocks to the nominal exchange rate found in previous empirical studies is shown to depend crucially on their identification of the post-crisis equilibrium exchange rate, and in particular the hypothesis that large nominal shocks have no permanent …