Three Essays in Macro Finance

Three Essays in Macro Finance
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Total Pages : 0
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ISBN-10 : OCLC:1403876581
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Book Synopsis Three Essays in Macro Finance by : Xing Guo

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


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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