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Essays on Inflation Expectations, Leaning Against the Wind Policy, and Consumer Bankruptcy
(2021-05-03)
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. ...
The Opportunity Cost of Financing Oportunidades: A General Equilibrium Assessment for Poverty Reduction in Mexico
(2015-03-18)
Despite the fact that Mexico has achieved macroeconomic stability after the financial crisis in 1995, it has failed to generate sustained high economic growth rates and to substantially reduce poverty and income inequality. ......
Obwohl Mexiko nach der Finanzkrise 1995 wieder makroökonomische Stabilität erreicht hat, ist es nicht gelungen, stabile hohe ökonomische Wachstumsraten zu generieren und die Armut und Einkommensungleichheit substantiell ......
Obwohl Mexiko nach der Finanzkrise 1995 wieder makroökonomische Stabilität erreicht hat, ist es nicht gelungen, stabile hohe ökonomische Wachstumsraten zu generieren und die Armut und Einkommensungleichheit substantiell ......
Heterogeneity in Household Portfolios and its Implication for Fiscal and Monetary Policy
(2016-09-14)
A household's portfolio generally consists of non-tradable and tradable assets. The most important non-tradable asset is human capital. It is the primary source of income for most households and at the same time subject ...
Essays in Macroeconomics
(2022-08-29)
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 ...
The first ...
Essays on the Use of Unstructured Data in Macroeconomics
(2018-08-15)
Economists need data to find patterns and test theories, but many concepts are hard to measure. This work contains three chapters showing how new unstructured data sources, such as text corpora, can be used to overcome ...