Sökning: "Adjustment frictions"

Visar resultat 1 - 5 av 10 avhandlingar innehållade orden Adjustment frictions.

  1. 1. Essays on Labor Supply and Adjustment Frictions

    Författare :Jósef Sigurdsson; Torsten Persson; Arash Nekoei; Peter Fredriksson; Stockholms universitet; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Intertemporal labor supply; Frisch elasticity; Labor supply; Adjustment frictions; Geographic mobility; Moving costs; Comparative advantage; Wage rigidity; Monetary policy; Consumption; Household debt; Economics; nationalekonomi;

    Sammanfattning : Labor Supply Responses and Adjustment Frictions: A Tax-Free Year in IcelandHow does labor supply respond to a temporary wage change? To answer this question, I study an unexpected and salient tax reform in Iceland in 1987 that resulted in a year free of labor income taxes, but creating only minimal income effects, offering an ideal natural experiment. I first construct a new employer-employee dataset from digitized administrative records for the population. LÄS MER

  3. 2. Financial Frictions and Firm Dynamics

    Författare :Erik Spector; Nils Gottfries; Stephen Bond; Uppsala universitet; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Economics; Nationalekonomi;

    Sammanfattning : Essay 1: In light of the recent Great Recession, it has become painfully clear that financial factors are central to macroeconomic dynamics. This paper evaluates a micro-level financial friction which plays a central role in the theoretical literature on financial frictions, namely the external finance premium. LÄS MER

  4. 3. Essays on Macroeconomics, Monetary Policy and Firm Heterogeneity

    Författare :Claire Thürwächter; Per Krusell; Timo Boppart; Mathias Klein; Stockholms universitet; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Macroeconomics; Monetary Economics; Monetary Policy Transmission; Firm Heterogeneity; Investment Frictions; High-frequency Identification; Granular Instrumental Variable; Corporate Debt; Corporate Leverage; Economics; nationalekonomi;

    Sammanfattning : Firm Heterogeneity and Monetary Policy TransmissionThis paper studies sources of heterogeneity in the response of firm investment to monetary policy. I estimate firm-level semi-elasticities of investment to plausibly exogenous changes in interest rates for a comprehensive firm-level dataset for ten euro area countries. LÄS MER

  5. 4. Empirical Studies on Firm and Labor Market Dynamics

    Författare :Polina Knutsson; Nationalekonomiska institutionen; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Human capital; occupational choice; sorting; new rms; worker mobility; import competition; distance; rm-product performance;

    Sammanfattning : This thesis consists of three self-contained papers. The first paper, Sorting on Unobserved Skills into New Firms, adds to the literature on worker characteristics and post-entry firm performance by putting the unobserved quality of workers in the center of analysis. LÄS MER

  7. 5. Asymmetry and multiscale dynamics in macroeconomic time series analysis

    Författare :Olivier Habimana; Pär Sjölander; Kristofer Månsson; Guglielmo Maria Caporale; Jönköping University; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; NATURVETENSKAP; NATURAL SCIENCES;

    Sammanfattning : This thesis consists of three independent articles preceded by an introductory chapter. The first two articles focus on exchange rate dynamics in emerging market and developing economies, taking into account nonlinearities and asymmetries which are relevant for these countries and are potentially due to (i) transaction costs and other market frictions, and (ii) official intervention in the foreign exchange market. LÄS MER