Essays on fiscal and monetary policy in open economies
In the first chapter, I quantify the welfare effect of eliminating the U.S. capital income tax under international financial integration. I employ a two-country, heterogeneous-agent incomplete markets model calibrated to represent the U.S. and the rest of the world. Short-run and long-run factor pri...
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Format: | Others |
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2015
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Online Access: | http://hdl.handle.net/2152/30481 |