Browsing by Subject "Business Cycles"
Now showing items 1-3 of 3
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(2022-06-22)Department: EconomicsMacroeconomic shocks significantly impact inequality because households react differently depending on their wealth, income, and occupation. These heterogeneous responses influence macroeconomic outcomes because they feed ...
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(2018-06-28)Department: EconomicsFinancial frictions are important features of the economy and yet their role in shaping business cycle dynamics and the pattern of international trade is incompletely understood. The role of financial friction is even more ...
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(2013-05-23)Department: EconomicsThis dissertation explores a largely ignored phenomenon, financial intermediation costs and their effects on business cycles. By constructing a unique micro level, high frequency dataset that contains intermediation cost ...