This thesis provides a comparative perspective on current macro-financial phenomena. Understanding the causes and consequences of rare macroeconomic events and secular trends is inherently difficult. Competing theories and ...

This dissertation consists of three self-contained essays that investigate the interconnectedness of labor markets and household finance. The first two chapters focus on differences in workers' labor market experience and ...

This thesis consists of three empirical contributions – each of them concerned with aspects of public finances at the sub-national level in the European Union.
Chapter 1 offers an empirical answer to the question of ...

This thesis consists of three independent chapters. In chapter 1 the focus is on the allocation of parental leave between spouses. We modify a model of collective rationality developed by Pierre-André Chiappori and coauthors ...

This dissertation attempts in four essays to contribute to economic research in two separate fields, and is therefore divided into two self-contained parts.
Part I (Dynamic Macroeconomics) is rooted in the modern ...

In four self-contained essays, this thesis aims at empirically exploring phenomena which emerge as a result of the asymmetric information stemming from the separation of ownership and control. Chapter 1 deals with the ...

The recent "Great Recession" has thrown macroeconomic research into a state of disarray and has clearly shown the need to go beyond traditional business cycle explanations. However, many of the recently proposed business ...

This thesis concerns the enforcement of contracts in the presence of uncertainty. Sometimes uncertainty is exogenously given and the agents cannot influence its existence. Frequently, however, there is strategic uncertainty ...

This dissertation deals with pure financial derivatives and financial derivatives which are components of life insurance contracts.
Chapter 1 focuses on the complex situation of basket foreign exchange (FX) products. ...

Times of severe economic crisis are, fortunately, rare events. Large recessions, such as the Great Depression of the 1930s or the Great Recession during the late 2000s, have detrimental effects on all economic sectors. ...