The Airline Deregulation Act of 1978 provided the impetus for domestic U.S. airlines to establish hub-and-spoke networks to improve profitability and stem financial losses. This study seeks to determine if a significant ...
<p>This dissertation is the collection of three essays aimed to evaluate the empirical performance of dynamic stochastic general equilibrium (DSGE) models in explaining the behavior of macroeconomic dynamics in emerging ...
<p>This dissertation presents two essays on endogenous growth and renewable resources.</p><p>The first essay explores the role of renewable resources in a tractable</p><p>model of endogenous growth driven by horizontal and ...
<p>My dissertation focuses on employing microeconomic techniques to study markets and questions that are important and complex, and also have potential policy implications. Two of my chapters analyze the health industry ...
<p>The three essays in this dissertation explore the role of fluctuations in aggregate volatility and global temperature as sources of systemic risk. </p><p>The first essay proposes a production-based asset pricing model ...
<p>This dissertation explores issues regarding the design of consumer financial contracts and their implications for market structure and economic efficiency. These questions are important because, as the recent mortgage ...
<p>This dissertation explores three important topics in the Development Economics literature. The first chapter provides further evidence on the consequences of illness episodes on earnings and consumption in Indonesia. ...
<p>This dissertation consists of three essays in economics of crime. The first chapter examines the relationship between economic inequality and crime, and provides a new theoretical explanation and empirical evidence. ...
<p>This dissertation consists of three essays in empirical macroeconomics. In the first essay, I explore the dynamic effects of aggregate news about</p>
<p>future technology improvements on sectoral fundamentals. I ...
<p>The central puzzles in financial economics commonly include</p><p>violations of the expectations hypotheses, predictability of excess returns, and the levels and volatilities of nominal bond yields, in addition to ...
<p>My dissertation, consisting of three related essays, aims to understand the role of macroeconomic risks in the stock and bond markets. In the first chapter, I build a financial intermediary sector with a leverage ...
<p>This dissertation consists of three chapters relating to</p>
<p>identification and inference in dynamic microeconometric models</p>
<p>including dynamic discrete games with many players, dynamic games with</p>
...
<p>This dissertation is a collection of three chapters all pertaining to institutional economics. In short, the eld of institutional economics is an outgrowth of public economics, in the sense that in many cases he key ...
<p>This dissertation consists of two chapters on international business cycles. In the first chapter, I revisit the problem of the anomaly of terms of trade dynamics. First, I empirically analyze the effect of a US aggregate ...
This dissertation consists of two essays in international macroeconomics. The
first essay shows that optimal fiscal and monetary policy is time consistent in a
standard small open economy. Further, there exist many ...
<p>This dissertation consists of two essays in international macroeconomics. In the first essay I explore the role of portfolio diversification in explaining the distribution of foreign investment across countries. I do ...
<p>This dissertation comprises of three essays in law and economics. The first chapter, a joint work with my advisor - Marjorie McElroy, examines the longly debated effect of the liberalized divorce laws in the United ...
<p>During 2007-2009 the U.S. economy experienced the most severe financial crisis since the Great Depression. Why did the financial crisis turn into such a severe recession? And what were the causes of the Great Recession? ...
<p>This dissertation consists of two essays in macroeconomics. In the first essay, I explain the increase in the interbank market credit spreads during the recent financial crisis using a model with endogenous default, in ...
<p>This dissertation explores the connection between voter turnout and candidate polarization. The first chapter considers a voting game with turnout and endogenous candidates, and maps the equilibria of the game under ...