Sökning: "Jesper Lindé"
Hittade 5 avhandlingar innehållade orden Jesper Lindé.
1. Essays on the effects of fiscal and monetary policy
Sammanfattning : This thesis contains four essays, which studies the macroeconomic effects of fiscal and monetary policy quantitatively. The first essay investigates whether Swedish postwar business cycles have been generated by domestic or foreign shocks and finds that they are about equally important. LÄS MER
2. Housing, Banking and the Macro Economy
Sammanfattning : Essay 1: Expectation-Driven House Prices, Debt Default and Inflation DynamicsWe contribute to the literature on dynamic stochastic general equilibrium (DSGE) models with housing collateral by including shocks to house price expectations. We also incorporate endogenous mortgage defaults that are rarely included in DSGE models with housing collateral. LÄS MER
3. Unconventional Monetary Policy at the International, National and Local Level
Sammanfattning : This thesis is based on four essays. The first investigates time-variation in the relationship between short interest rates and consumption in the USA and Sweden. Results based on Bayesian VAR models indicate that the short rate ceased to respond to consumption shocks when constrained by the zero lower bound. LÄS MER
4. Essays in Macroeconomics and Political Economy
Sammanfattning : The Response of the Riksbank to House Prices in SwedenIn the aftermath of the recent financial crisis, an environment of historically low interest rates and extensive household indebtedness in the OECD countries have triggered a vivid debate on whether central banks should react to house-price fluctuations in their pursuit of monetary policy. In Sweden, a period of low policy rates and house-price inflation was halted when the central bank increased the interest rates in 2010. LÄS MER
5. Electoral Incentives and Information Content in Macroeconomic Forecasts
Sammanfattning : Essay I (with Davide Cipullo): This essay introduces macroeconomic forecasters as new political agents and suggests that they use their forecasts to influence voting outcomes. The essay develops a probabilistic voting model in which voters do not have complete information about the future economy and rely on professional forecasters when forming beliefs. LÄS MER