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 6 of 6 for “"Search friction"”.
-
Essays in Macroeconomics
… of sectoral labor markets when there is search friction in the inter-firm matching market. Chapter 4 "Lumpy investment and endogenous investment price'' (Joint work with Linxi Chen) studies the endogenous fluctuation of investment price induced by search friction in the investment goods …
-
Essays on housing economics and real estate finance
… prior to resale. This could be attributed to search friction that prevent households from matching to the perfect home. Third, the spending of home improvement and maintenance exhibits considerable variation across housing segments. In addition, there is considerable regional variation. The …
-
Essays on Models of the Labour Market with On-the-Job Search
… how to model bargaining when there is on-the-job search and worker turnover depends on the wage. Bargaining is a standard feature in models without on-the-jobs search, but, due to endogeneity of the match surplus, a solution does not exist when worker turnover depends on the wage. My solution is …
-
Essays on Macroeconomics with Financial Frictions
… economic mechanisms through which financial frictions affect the aggregate economy over the business cycle and along the path of economic development. There are three chapters in this dissertation. In each chapter, a theoretical model is constructed based on motivating empirical facts, …
-
Essays on Information in Financial Markets
… demonstrates how to jointly quantify the size of search and information frictions in OTC markets. I use transaction data for the U.S. corporate bond market to structurally estimate a model featuring both frictions via the simulated method of moments. The data support the notion that trades are …
-
Essays in bargaining and auction theory
… about values. In Chapter 2, I analyze two frictions that are central to determine prices, liquidity, and efficiency in over-the-counter markets: the search friction reflected in how long it takes to find a trading opportunity and the bargaining friction reflected in how promptly gains from …