Essays in modern Macroeconomics

This thesis contains three chapters, each addressing a highly relevant area of interest in modern macroeconomics. The first chapter tests the presence of state-dependent pricing frictions by analysing the effects of monetary policy during high inflation and after large monetary shocks. The second chapter focuses on the interaction of heterogeneity in firm potential with financial frictions and its effect on macroeconomic outcomes. The final chapter presents a global solution method for heterogeneous agent models that can handle interesting and relevent extensions to the standard setting.

Name dc:type.qualificationname

Doctor of Philosophy (PhD)

Level dc:type.qualificationlevel

Doctoral

Grantor dc:publisher.institution

University of Cambridge

Year dc:date.issued

2022

Author dc:creator

• Haber, Timo

Advisor dc:contributor.advisor

• Faraglia, Elisa

• Macroeconomics
• Monetary Economics
• Heterogeneous Agents

Licence

• https://creativecommons.org/licenses/by-nc-nd/4.0/

Language dc:language

eng

DOI dc:identifier.doi

https://doi.org/10.17863/CAM.92012

OAI identifier oai:identifier

oai:www.repository.cam.ac.uk:1810/344591