Search for dissertations about: "David Vestin"

Found 3 swedish dissertations containing the words David Vestin.

  2. 1. Essays on monetary policy

    Author : David Vestin; Frank Smets; Stockholms universitet; []
    Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Monetary policy; Penningpolitik; Economics; nationalekonomi;

    Abstract : This thesis consists of four papers investigating different aspects of the interaction between monetary policy and expectations.Price-Level Targeting Versus Inflation Targeting in a Forward-Looking Model examines a price-level target in a model with a forward-looking Calvo-Taylor Phillips curve. READ MORE

  4. 2. Finance, Shocks, Competition and Price Setting

    Author : Melinda Süveg; Nils Gottfries; Teodora Borota Milicevic; David Vestin; Richard Friberg; Uppsala universitet; []
    Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; price setting; markup; working capital; monetary policy; pass-through; market structure; competition; exit; bank connections; input price volatility.; Economics; Nationalekonomi;

    Abstract : Essay I: The New Keynesian model augmented with the working capital channel predicts that (i) a rise in the policy rate increases producer prices, with a stronger impact on firms that use more working capital, (ii) the pass-through of policy rate changes to prices is gradual because of price rigidity and (iii) unanticipated policy rate changes have larger effects than anticipated changes. Using firm-level micro data, I test these predictions. READ MORE

  5. 3. Auri sacra fames : Interest Rates -- Prediction, Jumps and the Market Price of Risk

    Author : Carl Wilkens; Mats Persson; Peter Sellin; Michael Bergman; Stockholms universitet; []
    Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; instantaneous interest rate; fixed income market; asset pricing; derivative pricing; Economics; Nationalekonomi;

    Abstract : This thesis consists of three essays investigating different aspects of interest rates."Prediction of Future Risk-Neutral Short-Term Interest Rate Densities: Can the Black, Derman and Toy Model Assist?" (Co-authored with David Vestin. READ MORE