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Three essays in macroeconomics.

Lester, Robert.

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Three essays in macroeconomics.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Three essays in macroeconomics./
Author:	Lester, Robert.
Description:	153 p.
Notes:	Source: Dissertation Abstracts International, Volume: 77-03(E), Section: A.
Contained By:	Dissertation Abstracts International77-03A(E).
Subject:	Economic theory. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3731554
ISBN:	9781339179582

Three essays in macroeconomics.
Lester, Robert.

Three essays in macroeconomics. - 153 p.

Source: Dissertation Abstracts International, Volume: 77-03(E), Section: A.

Thesis (Ph.D.)--University of Notre Dame, 2015.

This dissertation contains three essays on macroeconomics. In chapter one, I develop a business cycle model with price rigidities and differential nominal wage rigidities among workers of different skill levels. The model captures observed heterogeneity in the labor market. In particular, high-skilled individuals have more volatile real wages, but less volatile hours relative to low-skilled individuals over the business cycle. I use the model to evaluate the welfare effects of monetary policy. I find that the optimal monetary policy is contingent on the welfare weight attached to each skill group, but the redistributive consequences from following any one policy are quantitatively small. (Abstract shortened by UMI.).

ISBN: 9781339179582Subjects--Topical Terms:

1556984
Economic theory.

Three essays in macroeconomics.
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100 1 $a Lester, Robert. $3 3191052
245 1 0 $a Three essays in macroeconomics.
300 $a 153 p.
500 $a Source: Dissertation Abstracts International, Volume: 77-03(E), Section: A.
500 $a Adviser: Michael J. Pries.
502 $a Thesis (Ph.D.)--University of Notre Dame, 2015.
520 $a This dissertation contains three essays on macroeconomics. In chapter one, I develop a business cycle model with price rigidities and differential nominal wage rigidities among workers of different skill levels. The model captures observed heterogeneity in the labor market. In particular, high-skilled individuals have more volatile real wages, but less volatile hours relative to low-skilled individuals over the business cycle. I use the model to evaluate the welfare effects of monetary policy. I find that the optimal monetary policy is contingent on the welfare weight attached to each skill group, but the redistributive consequences from following any one policy are quantitatively small. (Abstract shortened by UMI.).
590 $a School code: 0165.
650 4 $a Economic theory. $3 1556984
690 $a 0511
710 2 $a University of Notre Dame. $b Economics. $3 3186035
773 0 $t Dissertation Abstracts International $g 77-03A(E).
790 $a 0165
791 $a Ph.D.
792 $a 2015
793 $a English
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3731554