| LDR | | 00000nam u2200205 4500 |
| 001 | | 000000433486 |
| 005 | | 20200225142514 |
| 008 | | 200131s2019 ||||||||||||||||| ||eng d |
| 020 | |
▼a 9781085600194 |
| 035 | |
▼a (MiAaPQ)AAI13882396 |
| 040 | |
▼a MiAaPQ
▼c MiAaPQ
▼d 247004 |
| 082 | 0 |
▼a 330 |
| 100 | 1 |
▼a Cugat, Gabriela Mariel. |
| 245 | 10 |
▼a Essays on Macroeconomics. |
| 260 | |
▼a [S.l.]:
▼b Northwestern University.,
▼c 2019. |
| 260 | 1 |
▼a Ann Arbor:
▼b ProQuest Dissertations & Theses,
▼c 2019. |
| 300 | |
▼a 196 p. |
| 500 | |
▼a Source: Dissertations Abstracts International, Volume: 81-02, Section: A. |
| 500 | |
▼a Advisor: Doepke, Matthias. |
| 502 | 1 |
▼a Thesis (Ph.D.)--Northwestern University, 2019. |
| 506 | |
▼a This item must not be added to any third party search indexes. |
| 506 | |
▼a This item must not be added to any third party search indexes. |
| 506 | |
▼a This item must not be sold to any third party vendors. |
| 506 | |
▼a This item must not be sold to any third party vendors. |
| 520 | |
▼a This dissertation explores two topics in macroeconomics related to aggregation assumptions and microfoundations. Chapters 1 and 2 focus on the representative agent aggregation assumption in the context of open economies, using both an empirical as well as a theoretical approach. Chapter 3 on the other hand, deals with the microfoundations of using money and transacting in the informal sector, and how the government decides its optimal policy in this context.In Chapter 1, I document the importance of sector work in the aftermath of a sudden stop. Using Mexico's 1995 crisis as a case study, I first document empirically that working in the tradable versus non-tradable sector is a crucial determinant of the income and consumption losses of different types of households. Specifically, households in the non-tradable sector suffered much larger income and consumption losses, regardless of other household characteristics.In Chapter 2, I argue that household heterogeneity plays a key role in the transmission of aggregate shocks in emerging market economies. To account for the effect of the empirical observation from Chapter 1 on macroeconomic dynamics, I construct a New Keynesian small open economy model with household heterogeneity along two dimensions: uninsurable sector-specific income and limited financial-market participation. I find that the propagation of shocks in this economy is affected by both dimensions of heterogeneity, with uninsurable sector-specific income playing a quantitatively larger role. In terms of policy, a managed exchange rate policy is more costly overall when households are heterogeneous |
| 590 | |
▼a School code: 0163. |
| 650 | 4 |
▼a Economics. |
| 690 | |
▼a 0501 |
| 710 | 20 |
▼a Northwestern University.
▼b Economics. |
| 773 | 0 |
▼t Dissertations Abstracts International
▼g 81-02A. |
| 773 | |
▼t Dissertation Abstract International |
| 790 | |
▼a 0163 |
| 791 | |
▼a Ph.D. |
| 792 | |
▼a 2019 |
| 793 | |
▼a English |
| 856 | 40 |
▼u http://www.riss.kr/pdu/ddodLink.do?id=T15491230
▼n KERIS
▼z 이 자료의 원문은 한국교육학술정보원에서 제공합니다. |
| 980 | |
▼a 202002
▼f 2020 |
| 990 | |
▼a ***1816162 |
| 991 | |
▼a E-BOOK |