Sökning: "Monetary Policy Transmission"

Visar resultat 1 - 5 av 18 avhandlingar innehållade orden Monetary Policy Transmission.

  1. 1. Essays on Macroeconomics, Monetary Policy and Mobility

    Författare :John Vincent Kramer; Kurt Mitman; Per Krusell; Kuhn Moritz; Stockholms universitet; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Macroeconomics; monetary economics; monetary policy; heterogeneous agents; universal basic income; hiring subsidies; income risk; wealth inequality; misallocation; intergenerational mobility; Economics; nationalekonomi;

    Sammanfattning : The Cyclicality of Earnings Growth Along the Distribution - Causes and ConsequencesEarnings growth is more procyclical at the bottom of the income distribution than at the top. Using high-quality administrative data from Germany, I show that the heterogeneity is chiefly driven by transitions between employment and non-employment, specifically job-finding. LÄS MER

  3. 2. 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

  4. 3. Quantitative New Keynesian Macroeconomics and Monetary Policy

    Författare :Peter Welz; Nils Gottfries; Annika Alexius; Paul Söderlind; Uppsala universitet; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Economics; New Keynesian Economics; Monetary Policy; Bayesian Econometrics; Nationalekonomi; Economics; Nationalekonomi; nationalekonomi; Economics;

    Sammanfattning : This thesis consists of four self-contained essays.Essay 1 compares the dynamic behaviour of an estimated New Keynesian sticky-price model with one-period delayed effects of monetary policy shocks to the dynamics of a structural vector autoregression model. The model is estimated with Bayesian techniques on German pre-EMU data. LÄS MER

  5. 4. Financial Choice and Public Policy

    Författare :Karin Kinnerud; Per Krusell; Kurt Mitman; Gianluca Violante; Stockholms universitet; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; heterogeneous households; housing; mortgage interest deduction; welfare; monetary policy; mortgage contracts; mortgage lending policies; consumption; pensions; field experiment; search costs; inattention; dominated choices; financial literacy; Economics; nationalekonomi;

    Sammanfattning : Costly reversals of bad policies: the case of the mortgage interest deductionThis paper measures the welfare effects of removing the mortgage interest deduction under a variety of implementation scenarios. To this end, we build a life-cycle model with heterogeneous households calibrated to the U.S. LÄS MER

  7. 5. Essays on term structure and monetary policy

    Författare :Sven Skallsjö; Handelshögskolan i Stockholm; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES;

    Sammanfattning : This dissertation treats two different themes. The first, addressed in Chapter 1, regards the pricing of interest rate swaps. The second, studied in the remaining two chapters, regards the implications of monetary policy for the term structure of interest rates. LÄS MER