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Essay on Macroeconomics and Expectat...

Nicolo, Giovanni.

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Essay on Macroeconomics and Expectations.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Essay on Macroeconomics and Expectations./
Author:	Nicolo, Giovanni.
Published:	Ann Arbor : ProQuest Dissertations & Theses, : 2018,
Description:	224 p.
Notes:	Source: Dissertation Abstracts International, Volume: 79-10(E), Section: A.
Contained By:	Dissertation Abstracts International79-10A(E).
Subject:	Economic theory. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10823859
ISBN:	9780438002241

Essay on Macroeconomics and Expectations.
Nicolo, Giovanni.

Essay on Macroeconomics and Expectations. - Ann Arbor : ProQuest Dissertations & Theses, 2018 - 224 p.

Source: Dissertation Abstracts International, Volume: 79-10(E), Section: A.

Thesis (Ph.D.)--University of California, Los Angeles, 2018.

My dissertation focuses on the interactions between the conduct of U.S. monetary policy and the expectations formed by households, firms and public institutions about the state of economy. The first two chapters develop new methods that I use in the subsequent chapters to study how expectations formed by economic agents about future economic conditions affect a given economy. The second chapter considers and extends the work in Farmer (2012a) to explain U.S. post-war data, and shows that it outperforms conventional economic theories due to its ability to account for persistent movements in the data. The last chapter explores how the effectiveness of monetary policy changed in the U.S. post-war period, and I provide evidence that since the early 1980's the monetary authority implemented policies that reduced economic uncertainty deriving from unforeseen changes in the expectations about future inflation.

ISBN: 9780438002241Subjects--Topical Terms:

1556984
Economic theory.

Essay on Macroeconomics and Expectations.
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245 1 0 $a Essay on Macroeconomics and Expectations.
260 1 $a Ann Arbor : $b ProQuest Dissertations & Theses, $c 2018
300 $a 224 p.
500 $a Source: Dissertation Abstracts International, Volume: 79-10(E), Section: A.
500 $a Advisers: Roger E. A. Farmer; Aaron Tornell.
502 $a Thesis (Ph.D.)--University of California, Los Angeles, 2018.
520 $a My dissertation focuses on the interactions between the conduct of U.S. monetary policy and the expectations formed by households, firms and public institutions about the state of economy. The first two chapters develop new methods that I use in the subsequent chapters to study how expectations formed by economic agents about future economic conditions affect a given economy. The second chapter considers and extends the work in Farmer (2012a) to explain U.S. post-war data, and shows that it outperforms conventional economic theories due to its ability to account for persistent movements in the data. The last chapter explores how the effectiveness of monetary policy changed in the U.S. post-war period, and I provide evidence that since the early 1980's the monetary authority implemented policies that reduced economic uncertainty deriving from unforeseen changes in the expectations about future inflation.
590 $a School code: 0031.
650 4 $a Economic theory. $3 1556984
650 4 $a Labor economics. $3 642730
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710 2 $a University of California, Los Angeles. $b Economics. $3 1673657
773 0 $t Dissertation Abstracts International $g 79-10A(E).
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792 $a 2018
793 $a English
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10823859