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 8 of 8 for “"financial friction"”.
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Essays on Business Partnerships
… transition into business ownership hindered by financial friction is not much alleviated by allowing the option to form business partnerships. Financial friction generates additional inefficiency due to mismatch among partners. A loan program for startups can substantially improve match quality …
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Essays on self-fulfilling expectations and business cycles
… stochastic general equilibrium model with financial market frictions. It consists of three papers. The first paper uncovers a series of belief shocks (a.k.a animal spirits) that drive the U.S. economy from both financial markets data and the structure of a financial accelerator model with …
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Essays on financial frictions, misallocation and development dynamics
This dissertation consists of three chapters on financial friction, misallocation and development dynamics. The first chapter considers how financial frictions and mobility distortions generate the persistence of post-reform development dynamics. I build a general equilibrium model and calibrate it …
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Essays on Macroeconomics with Financial Frictions
… to identify 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 …
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Essays on Structural Transformation, Productivity, and Development
… in the personal service sector, and labor market frictions are the most important channels. By revealing the growth pattern of the service sector in the early stages of development, the paper thereby contributes to the growing literature on the rising importance of the service economy.The second …
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Essays in Macroeconomics with Heterogeneity
… over the business cycle in an economy with frictional financial markets. To begin, it documents facts on asymmetric response across age and size groups of firms in the U.S. to the changes in aggregate economic conditions. I argue that age rather than size is a relevant margin for the …
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Essays on the Macroeconomic Effects of Imperfect Banking Competition and Other Financial Frictions
In this thesis, I study the effects of financial frictions and in particular, imperfect banking competition, on different macroeconomic aspects. The thesis consists of a short introductory chapter and three papers. The first paper investigates the impact of imperfect banking competition on …
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Essays in Macroeconomics and Heterogeneity
… by strategic behaviour and the distribution of financially constrained firms. The last two chapters address the topic of identification in macroeconomics with the last chapter focusing on the measurement of heterogeneous dynamic effects after a macroeconomic policy shock. The first chapter …