The Great Recession prompted several governments and central banks in advanced economies to take exceptional measures, whose consequences are still visible today. In particular, two developments seem to be noteworthy. ...

The distribution of income and wealth across households in the U.S. has changed dramatically since the 1950s. How are rising income and wealth inequality linked? This thesis aims at providing new insights into the relationship ...

The first essay investigates the role social environment plays in the development of life satisfaction during childhood and adolescence. Life satisfaction is high among children and declines during adolescence. This decline ...

This thesis comprises four self-contained essays in economic theory studying the optimal use of private information in strategic interactions. In all the situations considered, non-monetary as well as dynamic incentives ...

This thesis consists of four independent research papers. Chapter 1 ("Media Persuasion and Consumption: Evidence from the Dave Ramsey Show") examines whether entertaining mass media programs can influence individual ...

This dissertation is composed of four self-contained chapters studying how financial markets affect the governance of public companies. The first chapter shows how large shareholders can engage in governance when there is ...

Understanding decision making of households has always been a key challenge of economic research. Some of the most relevant household choices are financial decisions regarding savings since these insure household consumption ...

One major goal of modern societies is to establish a cooperative and cohesive community. Though most people can agree on this goal, it is less clear how it can be achieved. To be able to make informed political changes ...

This thesis tries to make some progress in understanding long-run trends in the spatial behavior of housing markets and economic development. To achieve this, it introduces and analyses new regional long-run data to uncover ...

This thesis is composed of three self-contained chapters that explore how household heterogeneity shapes macroeconomic outcomes, and how this in turn determines the effects of macroeconomic policies.
The first ...