Browsing by Author "Galí, Jordi, 1961-"

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  • Constant interest rate projections without the curse of indeterminacy
    Galí, Jordi, 1961- (2007-08-01)
    Constant interest rate (CIR) projections are often criticized on the grounds that they are inconsistent with the existence of a unique equilibrium in a variety of forward-looking models. This note shows how to construct ...
  • Endogenous growth and poverty traps in a Cournotian model
    Galí, Jordi, 1961-; Zilibotti, Fabrizio (1993-11-01)
  • Essays in business cycles with household heterogeneity
    Giarda, Mario (Universitat Pompeu Fabra, 2021-09-28)
    This thesis contributes to understanding how inequality affects the transmission of aggregate fluctuations through aggregate demand. First, we document how labor earnings inequality (between skilled and unskilled workers) ...
  • Essays on heterogeneity and macroeconomic dynamics
    Caracciolo, Giacomo (Universitat Pompeu Fabra, 2019-10-29)
    Limited asset market participation is a well-known stylized fact and a widespread phenomenon even in developed economies. While existing models have already examined the effects of social security and its reforms on welfare ...
  • Essays on human capital and labor market dynamics
    Cairó, Isabel (Universitat Pompeu Fabra, 2014-07-11)
    This thesis investigates the role of human capital in understanding recent developments in the U.S. labor market. Chapter 1 provides novel empirical evidence suggesting that an increasing importance of on-the-job human ...
  • Essays on inflation dynamics and monetary policy
    Höynck, Christian (Universitat Pompeu Fabra, 2021-02-18)
    This thesis consists of three essays that analyze the role of sectoral heterogeneity on inflation dynamics and optimal monetary policy. In the first chapter, I consider a framework where firms are connected through ...
  • Essays on Inflation Dynamics and Monetary Policy in Currency Areas
    Cecioni, Martina (Universitat Pompeu Fabra, 2010-01-22)
    Esta tesis extiende el modelo estándar Neo Keynesiano con el propósito de contestar dos preguntas: ¿cómo debe ser diseñada la política monetaria en uniones monetarias heterogéneas? y ¿cuál es el efecto de presiones ...
  • Essays on labor markets and macroeconomic policy
    Laureys, Lien (Universitat Pompeu Fabra, 2013-06-28)
    This thesis sheds light on several macroeconomic aspects of the labor market and economic policy. Chapter 1 analyzes whether the presence of human capital depreciation during unemployment calls for policy intervention. I ...
  • Essays on macroeconomic policy and business cycles
    Ou, Shengliang (Universitat Pompeu Fabra, 2019-07-03)
    This thesis consists of three chapters on macroeconomic policy and business cy-cles. In chapter 1, I estimate a time-varying structural VAR to study the effects of government spending shocks on a number of U.S. macroeconomic ...
  • Essays on monetary and fiscal policy
    Pescatori, Andrea (Universitat Pompeu Fabra, 2006-12-18)
    The thesis is divided into three chapters.<br/><br/>1) I study how monetary policy should be optimally designed when households show financial wealth heterogeneity.<br/>Main results: thanks to its ability to affect interest ...
  • Essays on monetary economics
    Pappa, Evi (Universitat Pompeu Fabra, 2001-11-22)
    The thesis consists of three chapters: Chapter 2 investigates, in the context of a two-country model with monopolistic competition and price stickiness, the implications for macroeconomic stability and the welfare properties ...
  • Essays on monetary economics
    Evans, Christopher Michael (Universitat Pompeu Fabra, 2020-10-16)
    This thesis consists of three chapters on monetary economics. In the first chapter, I explore if a benchmark Heterogeneous Agent New Keynesian (HANK) model fits the heterogeneous response of monetary policy shocks observed ...
  • Essays on monetary economics
    Manea, Cristina (Universitat Pompeu Fabra, 2020-04-30)
    In my PhD thesis, I extend the basic New Keynesian (NK) model (Galí (2015), Woodford (2003)) on three distinct dimensions. (i) In the first chapter, I introduce endogenous money creation by private banks (``inside-money''). ...
  • Essays on monetary economics and financial stability
    Kanngiesser, Derrick (Universitat Pompeu Fabra, 2018-11-16)
    This dissertation consists of three chapters related to questions in monetary economics and financial stability. In the first chapter I develop a simple model of financial crises in which the key externalities are ...
  • Essays on monetary policy and labor markets
    Diz, Sebastian (Universitat Pompeu Fabra, 2019-10-03)
    This thesis consists of three self-contained essays. The first chapter investigates the redistributive role minimum wages can play over the cycle and the implied effects on macroeconomic stability. To this end, I develop ...
  • Essays on Monetary Policy, Wage Bargaining and Fiscal Policy
    Gnocchi, Stefano (Universitat Pompeu Fabra, 2008-02-05)
    Los modelos Neo-Keynesianos se han impuesto en el análisis de las políticas monetaria y fiscal óptimas. Esta literatura no considera la interacción estratégica entre los agentes económicos y las autoridades de la política ...
  • Essays on monetary, fiscal and trade policy in open economies
    Forlati, Chiara (Universitat Pompeu Fabra, 2009-10-02)
    En esta tesis estudio varias cuestiones de política monetaria y fiscal usando modelos de equilibrio generales completamente micro-fundados. El primer capítulo de esta tesis trata la cuestión de cómo la políticas monetarias ...
  • Essays on Money, Credit and Fiscal Policy
    Sessa, Luca (Universitat Pompeu Fabra, 2011-07-27)
    This thesis tackles three different issues of relevance for economic policy, with an explicit reference to the Euro area. Does the inclusion of monetary targeting in a monetary policy strategy improve macroeconomic stability? ...
  • Essays on new Keynesian Macroeconomics
    Dorich Doig, José Antonio (Universitat Pompeu Fabra, 2008-07-03)
    El modelo Neo Keynesiano estándar ha sido una de las herramientas más influyentes en debates sobre dinámica macroeconómica, política monetaria y bienestar. Además, este modelo constituye una pieza fundamental en la elaboración ...
  • Essays on Non-Price Competition and Macroeconomics
    Turino, Francesco (Universitat Pompeu Fabra, 2009-11-30)
    My dissertation is a collection of three essays that study various aspects of non-price competition among firms using fully microfounded general equilibrium models. The first two chapters, both coauthored with Benedetto ...