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Full-Text Articles in Macroeconomics

Essays On Parental Leave And Family Labour Supply, Youjin Choi Sep 2018

Essays On Parental Leave And Family Labour Supply, Youjin Choi

Electronic Thesis and Dissertation Repository

This thesis studies married couples' decisions regarding labour supply, fertility, and take-up of parental leave. Importantly, it emphasizes household interactions in a family labour supply framework where husbands and wives jointly make decisions.

In Chapter 2, I describe how differences in married individuals' time allocations between Canada and the U.S. may be related to different parental leave policies in the two countries. First, I document background information on parental leave policies and take-up behaviour in the two countries. Second, I analyze married individuals' time allocations using data from the General Social Survey (GSS) for Canada and American Time Use ...


Non-Linear Time Series Modelling With Applications To Equity And Fixed Income Markets, Galyna Grynkiv Aug 2018

Non-Linear Time Series Modelling With Applications To Equity And Fixed Income Markets, Galyna Grynkiv

Electronic Thesis and Dissertation Repository

My thesis focuses on theoretical and empirical aspects of modelling time series during different financial and economic conditions. It consists of three separate chapters in which the properties of Threshold Vector Autoregressive Model (TVAR) models are addressed with subsequent applications to equity and fixed income markets. In the first chapter, which is a joint work with my supervisor Lars Stentoft, we examine the steady state properties of the TVAR model. Assuming the trigger variable is exogenous and the regime process follows a Bernoulli distribution, we derive the necessary and sufficient conditions for existence of a stationary distribution. The derived stationarity ...


Essays In International Economics: Decomposing Episodes Of Large Growth In International Trade, Brandon K. Malloy Sep 2017

Essays In International Economics: Decomposing Episodes Of Large Growth In International Trade, Brandon K. Malloy

Electronic Thesis and Dissertation Repository

My thesis consists of three chapters relating to topics in International Economics. In the first essay, I use bilateral trade data from Canada, Germany, Japan, Mexico, the U.S. and the U.K. to decompose the patterns of trade growth across various goods classifications during episodes of rapid growth in bilateral trade. I find that bilateral trade growth during these episodes is granular- less than 5\% of goods classifications account for over 65\% of overall bilateral trade growth. I quantitatively assess whether ``Melitz-style" trade models, with heterogeneous productivity firms, CES demand and fixed and variable costs of exporting, can match ...


Essays On Growth And Input Misallocation In China, Wenya Wang Aug 2017

Essays On Growth And Input Misallocation In China, Wenya Wang

Electronic Thesis and Dissertation Repository

My thesis consists of three chapters that contribute to the study of input misallocation and TFP growth in China.

In Chapter 2, I compare the misallocation of intermediate goods to those of capital and labor, which have been extensively studied in the literature. To measure misallocation, I compute the dispersion of marginal products of intermediate goods across firms, and the potential output gains by eliminating this dispersion in China Industrial Enterprise Survey (CIES) data. Although the within-industry dispersion of marginal products of intermediates is smaller than that of capital and labor, gross output and value added gains from reallocating intermediate ...


Essays On Debt In Macroeconomics, James G. Partridge Jul 2017

Essays On Debt In Macroeconomics, James G. Partridge

Electronic Thesis and Dissertation Repository

My dissertation consists of three chapters, where the common theme among them is debt and saving. My work contributes to our understanding of how debt markets function for entrepreneurs, large corporations and households.

The first chapter studies how entrepreneurs used personal borrowing to fund their businesses during the Great Recession. One of the defining characteristics of this period was a “credit crunch” during which the supply of credit dropped for all borrowers. I show that changes in the finances of entrepreneurs between 2007 and 2009 are consistent with entrepreneurs using personal assets to secure lending for their businesses and overcome ...


On The Economics Of Climate Change And Its Effects, Aaron B. Gertz Aug 2015

On The Economics Of Climate Change And Its Effects, Aaron B. Gertz

Electronic Thesis and Dissertation Repository

This thesis consists of three separate papers; two examining the costs of climate change policy in developing economies and one studying the economic impacts of flooding. In Chapter 2, I use a 2-sector non-balanced growth model to study the impact of structural change (the transition from industry to services) on carbon intensity. I calibrate the model to China and find that structural change plays an important role in reducing carbon intensity and lowering the economic cost of a carbon tax on GDP. For a 65% reduction target over 30 years, a $28/t carbon tax is needed and the output ...


Essays On Innovation And Consumer Credit, David E. Fieldhouse Feb 2014

Essays On Innovation And Consumer Credit, David E. Fieldhouse

Electronic Thesis and Dissertation Repository

In the first chapter, I show that the economy’s production structure plays an important role in determining innovation. In particular, using patent data I document a set of empirical facts that are initially puzzling, but can be explained by recognizing that innovation decisions are related between sectors. A model is developed to explain the empirical findings, but it also has an important finding for the current debate on U.S. patent policy. I use the model to demonstrate that a perceived long-run decline could be explained by increased innovative opportunities in certain industries and the responses of inventors in ...


Essays On Skilled Workers And Economic Development, Dozie Okoye Aug 2013

Essays On Skilled Workers And Economic Development, Dozie Okoye

Electronic Thesis and Dissertation Repository

This thesis consists of three chapters on skilled workers and the roles they play in economic development. In the first chapter, I use an overlapping generations model of education choice and skilled migration to study conditions under which a low-skill economy can grow its skilled labor force in the presence of skilled emigration. This occurs when skill premiums are low, and there are individuals in the economy who can afford an education. The model is calibrated to data on 23 low and middle-income countries. For 22 of the 23 countries, any increase in the rate of skilled emigration leads to ...


Essays In Macroeconomics Of Development, Douwere Eric Grekou Apr 2013

Essays In Macroeconomics Of Development, Douwere Eric Grekou

Electronic Thesis and Dissertation Repository

This thesis consists of three chapters on macroeconomics of development. The first chapter discusses the impact of educational corruption on economic development. Its main contribution lies in quantifying two channels of educational corruption: a direct channel, whereby incompetent workers affect production due to a misallocation of talent, and a dynamic indirect channel, which can be referred to as a teacher’s effect on the availability of competent agents for production. The results suggest that, for the countries with the highest levels of educational corruption, the losses in output per capita induced by the indirect channel are ten times as large ...


Essays On Entrepreneurial Financing, Ye Jia Mar 2011

Essays On Entrepreneurial Financing, Ye Jia

Electronic Thesis and Dissertation Repository

This thesis consists of three chapters on the impact of different government policies on entrepreneurial financing. In the first chapter, by quantitatively evaluating the impact of different personal bankruptcy regimes on entrepreneurship in a life-cycle model with occupational choices, I conclude that personal bankruptcy law affect entrepreneurship mainly through the insurance effect rather than the borrowing cost effect. In addition, I find that variations in bankruptcy regimes have very different impacts on households with different abilities, and changes in the length of post-bankruptcy punishments have the largest impact on entrepreneurship compared to variations in other dimensions of the bankruptcy regime ...