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Essays in the Industrial Organization of Internet Markets
(2015-05-11)
This dissertation contains essays that explore the incentives, mechanisms and strategies of platforms in concentrated internet markets.
The first essay studies how two-sided platforms compete and set dynamic prices. In ...
Essays on Macroeconomic Stabilization
(2016-05-18)
Motivated by policy debates emerging from the U.S. Great Recession and Eurozone crisis, I study the stabilization role of monetary, fiscal, and macroprudential policies in response to short-run fluctuations. In the first ...
Danger Ahead: The Reach-for-Yield Behavioral Transmission Mechanism Across Risky Assets
(2016-07-06)
This paper argues for the existence of a reach-for-yield behavioral transmission mechanism which, during low-interest rate periods, drives a higher willingness to pay for dividend yield in various yield assets like high-yield ...
Misperceptions and Beliefs in Effort Choices
(2017-05-01)
How much and how well students and employees work depends certainly on how unpleasant and useful the work is; but it also depends on how unpleasant and useful they predict it to be. In this dissertation I study one systematic ...
Essays on Heterogeneity in Markets and Games
(2015-04-23)
Many markets exhibit substantial heterogeneity -- e.g.~in ability, in preferences, in products, in strategies. Allowing for this (sometimes multi-dimensional) heterogeneity can change both the theoretical predictions of ...
Essays on Globalization
(2018-05-11)
International trade has vastly changed over the last couple of decades with production processes becoming increasingly fragmented across country borders and production stages. This thesis studies the supply chain networks ...
Essays in Monetary Policy With Informational Frictions
(2018-05-16)
This dissertation presents three essays addressing the role of informational frictions in monetary policy. In particular, motivated by the observation that central banks around the world are often concerned about their ...
Money Illusion and Attitudes Toward Trade
(2018-06-29)
This paper argues that being susceptible to money illusion, namely the tendency to think of monetary values in nominal terms rather than real terms, may lead American consumers to hold less favorable impressions of ...