Now showing items 1-10 of 23
Essays in Financial and Housing Economics
This dissertation presents four essays. The first chapter builds a real-options, term structure model of the firm incorporating stochastic volatility and endogenous default to shed new light on the value premium, financial ...
Essays in Health Economics
This dissertation explores situational differences in physician behavior based on detailed electronic hospital records, shedding light on previously unobservable determinants of treatment decisions and processes.
Mean Reversion in Housing Markets
Booms in house prices are usually followed by busts. This pattern is called "mean reversion." Mean reversion in housing markets has historically coincided with economic recessions across the world. Chapter 1 establishes ...
Essays on Normative Macro-Finance
This dissertation consists of four essays that study normative questions on issues related to financial markets and the macroeconomy.
The Macroeconomic Consequences of Microeconomic Phenomena in the Housing and Labor Markets
This dissertation consists of three independent chapters, each of which use microeconomic data and methods to inform an analysis of macroeconomic models and questions. The first two chapters study the short-run dynamics ...
Essays on Political Economy, Industrial Organization, and Public Economics
The first chapter of this dissertation analyzes voting behavior across multiple elections. The voting literature has largely analyzed voter turnout and voter behavior separately, focusing on individual elections. I present ...
Essays in the Political Economy of Information
The primary focus of this dissertation is on information, its production and dissemination in society. In the first chapter, I explore the consequences of an increase in the number of newspapers on the quantity and quality ...
Essays in Financial Economics
This dissertation presents three essays. The first essay finds that the household risky ratio, the ratio of high risk assets over low risk assets directly owned by households, is a strong negative predictor of the equity ...
Essays on the Role of Banks in the Macroeconomy
This dissertation consists of four essays that explore the interaction between banks and the supply of safe assets in the macroeconomy.
Essays in Urban Economics
In this set of essays, I grapple with issues related to the core questions of urban economics. Why are people so heavily clustered in urban areas? Why do some cities grow while others decline? What explains where people ...