Search for dissertations about: "financial frictions"
Showing result 1 - 5 of 9 swedish dissertations containing the words financial frictions.
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1. Financial Frictions and Firm Dynamics
Abstract : Essay 1: In light of the recent Great Recession, it has become painfully clear that financial factors are central to macroeconomic dynamics. This paper evaluates a micro-level financial friction which plays a central role in the theoretical literature on financial frictions, namely the external finance premium. READ MORE
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2. Essays on Macroeconomics
Abstract : Monetary Policy and Liquidity Constraints: Evidence from the Euro AreaWe quantify the relationship between the response of output to monetary policy shocks and the share of liquidity constrained households. We do so in the context of the euro area, using a Local Projections Instrumental Variables estimation. READ MORE
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3. Evaluating Asset-Pricing Models in International Financial Markets
Abstract : This thesis consists of three empirical studies on asset-prices in international financial markets. The purpose is three-fold. First, to evaluate whether good predictions of economic variables may be obtained by pooling information from a broad group of financial variables. READ MORE
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4. Financial Choice and Public Policy
Abstract : Costly reversals of bad policies: the case of the mortgage interest deductionThis paper measures the welfare effects of removing the mortgage interest deduction under a variety of implementation scenarios. To this end, we build a life-cycle model with heterogeneous households calibrated to the U.S. READ MORE
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5. Essays on Informational Asymmetries in Mergers and Acquisitions
Abstract : This thesis covers issues related to financing in mergers and acquisitions. It studies the relationship between firms’ financing conditions and firms’ decisions to either buy or sell assets. READ MORE