My dissertation is mostly focused on the effects and quantitative importance of news shocks in an open economy DSGE model. The novelty of these models pertain to their ability to analyze business cycle fluctuations in a structural setting with rigorous micro foundations. The first two chapters of ...
Louis-Vincent's core argument rests on the idea that investors are often overly focused on the magnitude of a problem rather than the direction of change. “Very often, where there’s the most money to be made is when a situation goes from very, very bad to just mediocre,” he explaine...
Economics Essays in Empirical Macroeconomics UNIVERSITY OF CALIFORNIAIRVINE Dale PoirierFabio Milani RajbhandariAshishMy dissertation is mostly focused on the effects and quantitative importance of news shocks in an open economy DSGE model. The novelty of these models pertain to their ability to analyze ...
Environmental economics has mostly focused on micro issues pertaining to welfare and efficiency analysis. I develop a general framework to address short-run issues both for a closed economy and for an open one where emission permits are globally traded. Fiscal policy and emission permit issuance can...
As a response, a recent strand of the international finance literature, known as FOREX microstructure, has focused on the details and importance of the mechanics of FOREX trading. Although the microstructure literature has given us fruitful insights on many aspects of the FOREX rate determination, ...