Essays on agent heterogeneity in macroeconomics
In my Ph.D. thesis, I study the subjects of monetary economics, heterogeneity of households and firms, and optimal policy. I solve models with rich heterogeneity and use statistical models to work with time series macro and panel micro data. In Chapter 1, I examine optimal monetary policy in a heter...
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| Tipo de recurso: | tesis doctoral |
| Estado: | Versión publicada |
| Fecha de publicación: | 2023 |
| País: | España |
| Institución: | CBUC, CESCA |
| Repositorio: | TDR. Tesis Doctorales en Red |
| OAI Identifier: | oai:www.tdx.cat:10803/688870 |
| Acceso en línea: | http://hdl.handle.net/10803/688870 |
| Access Level: | acceso abierto |
| Palabra clave: | Macroeconomics Heterogeneity Heterogeneidad Macroeconomia 33 |
| Sumario: | In my Ph.D. thesis, I study the subjects of monetary economics, heterogeneity of households and firms, and optimal policy. I solve models with rich heterogeneity and use statistical models to work with time series macro and panel micro data. In Chapter 1, I examine optimal monetary policy in a heterogeneous agent model with sticky prices and borrowing constraints. I show that the optimal policy differs significantly from the other cases. In Chapter 2, I study the heterogeneity in firms’ markups response to a monetary policy, showing its implication for the propagation of aggregate shocks in the economy. Finally, Chapter 3 identifies drivers of the differential behavior of single and married individuals in the labor market. The model is used to study the implications for the optimal targeting of unemployment benefits. |
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