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Essays on Finance and Economic Policy
This dissertation presents three empirical studies on how financial frictions shape the transmission and effects of economic policy. The dissertation investigates three settings: financial regulation, corporate tax policy, ...
Essays in Financial and Political Economics
In chapter 1, I show that investors' tendency to extrapolate from past return data is in part driven by the salience of past returns. I exploit the Wall Street Journal's historical practice of reporting the 52-week return ...