Addressing many topics in macroeconomics—ranging from questions of optimal policy design to determining the effects of demographic change, globalization, and technological progress—requires a sound understanding of the nature of the risks that households face and the insurance opportunities available to hedge against those risks. This dissertation examines how the interaction of imperfect risk sharing and frictional markets can affect macroeconomic outcomes—from allocations to welfare to market dynamics. In chapter one, I analyze how information externalities in the labor market affect the efficiency of wealth accumulation and estate taxation. I develop a model of costly skill acquisition, labor market signaling, and wealth accumulation and...
Thesis (Ph. D.)--University of Rochester. Dept. of Economics, 2008.Frictions may crucially influence...
This thesis consists of three main chapters, which study different topics of financial economics. Th...
This dissertation investigates the relationship between the mechanism of limited borrowing capacity ...
Addressing many topics in macroeconomics—ranging from questions of optimal policy design to determin...
Building on Flavin and Nakagawa (2008), chapter one models household optimal consumption and portfol...
The Great Recession of 2007-2009 and the preceding mortgage foreclosure crisis brought renewed atten...
The research presented in this dissertation has been motivated by the Great Recession that has shown...
The three essays in this dissertation assess the importance of asset market frictions for the macroe...
This dissertation contains three essays at the interaction between macroeconomics and the financial ...
In this dissertation, I study the interconnections between the housing market and labor market, and ...
This dissertation studies three main topics in macroeconomics: the impact of labor market frictions ...
This thesis consists of three chapters on incomplete markets and aggregate fluctuations. Chapter 1 e...
The classical treatment of market transactions in economics presumes that buyers and sellers engage ...
This dissertation consists of three works that analyze real estate markets from macroeconomic perspe...
These essays contribute to the study of labor economics and consumer finance, and fall within the br...
Thesis (Ph. D.)--University of Rochester. Dept. of Economics, 2008.Frictions may crucially influence...
This thesis consists of three main chapters, which study different topics of financial economics. Th...
This dissertation investigates the relationship between the mechanism of limited borrowing capacity ...
Addressing many topics in macroeconomics—ranging from questions of optimal policy design to determin...
Building on Flavin and Nakagawa (2008), chapter one models household optimal consumption and portfol...
The Great Recession of 2007-2009 and the preceding mortgage foreclosure crisis brought renewed atten...
The research presented in this dissertation has been motivated by the Great Recession that has shown...
The three essays in this dissertation assess the importance of asset market frictions for the macroe...
This dissertation contains three essays at the interaction between macroeconomics and the financial ...
In this dissertation, I study the interconnections between the housing market and labor market, and ...
This dissertation studies three main topics in macroeconomics: the impact of labor market frictions ...
This thesis consists of three chapters on incomplete markets and aggregate fluctuations. Chapter 1 e...
The classical treatment of market transactions in economics presumes that buyers and sellers engage ...
This dissertation consists of three works that analyze real estate markets from macroeconomic perspe...
These essays contribute to the study of labor economics and consumer finance, and fall within the br...
Thesis (Ph. D.)--University of Rochester. Dept. of Economics, 2008.Frictions may crucially influence...
This thesis consists of three main chapters, which study different topics of financial economics. Th...
This dissertation investigates the relationship between the mechanism of limited borrowing capacity ...