Three Essays in Macro Finance

Download or Read eBook Three Essays in Macro Finance PDF written by Xing Guo and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle.

Author	: Xing Guo
Publisher	:
Total Pages	: 0
Release	: 2019
ISBN-10	: OCLC:1403876581
ISBN-13	:
Rating	: 4/5 (81 Downloads)

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Book Synopsis Three Essays in Macro Finance by : Xing Guo

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Three Essays in Macro Finance

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Also, recent financial crises indicate that a significant decline in house prices can reduce confidence of economic agents and cause bank runs and a fire sale.

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This dissertation consists of three essays that examine the role of sovereign debt in the economy. The first of the essays explores the question of optimal debt