This dissertation consists of three self-contained essays that examine the macroeconomic consequences of labor market risk. The first two chapters focus on heterogeneity in labor market risk and its consequences on life-cycle ...

This thesis contributes to macroeconomics and macroeconometrics. Chapters 2-4 study the role of producer heterogeneity for business cycles and macroeconomic development. Chapters 5-6 provide inference for structural vector ...

If we want to understand the most severe macroeconomic disruptions, we must understand the causes of financial instability. Despite their devastating economic and social consequences, financial crises have been recurring ...

This dissertation contributes to the ongoing research agenda of trying to understand macroeconomic outcomes in their interdependence with the underlying microeconomic heterogeneity and frictions.
The first chapter ...

This thesis consists of three self-contained essays in econometrics and statistics. It discusses methodological topics in semi- and nonparametric statistics as well as empirical questions in financial econometrics. My ...

This dissertation examines the role of insurance companies in financial markets and their implications for financial stability and monetary policy transmission. Insurance companies, which are among the largest financial ...

This thesis consists of three separate, but interlinked chapters on national fiscal policy in a monetary union. Throughout, I employ new Keynesian models that are augmented by the introduction of overlapping generations ...

This thesis consists of three self-contained essays in econometrics and statistics. It discusses methodological topics in semiparametric statistics as well as dynamic panel data models. In chapters 1 and 2 the smooth minimum ...

This thesis consists of three chapters in empirical macroeconomics. In particular it treats important issues related to monetary policy. The focus is on inflation dynamics and all three studies involve some approach of ...