Essays in monetary and financial macroeconomics

Alexandrov, Andrey

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URN: urn:nbn:de:bsz:180-madoc-601053
Document Type: Doctoral dissertation
Year of publication: 2021
Place of publication: Mannheim
University: Universität Mannheim
Evaluator: Adam, Klaus
Date of oral examination: 2 August 2021
Publication language: English
Institution: School of Law and Economics > Geldpolitik und Makroökonomik (Adam 2008-2018)
Subject: 330 Economics
Keywords (English): macroeconomics , macrofinance , trend inflation , aggregate dynamics , leverage , collateral
Abstract: This dissertation consists of two chapters. In the first chapter I study the effects of trend inflation on aggregate price and output dynamics and their implications for the effectiveness of monetary stabilization policy. In the second chapter I study the determinants of leverage and asset prices in a general equilibrium model with incomplete markets and collateral requirements.

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