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Essays on the financial system and the transmission of monetary policy
This thesis studies the role of the banking system in several aspects of the macroeconomy, including the likelihood of financial crises, volatility of asset prices and the transmission of monetary policy. In chapter ...
An Empirical Investigation of the Transmission and Effects of Monetary and Fiscal Policies
Using statistical models, this dissertation investigates the transmission and effects of monetary and fiscal policies in the context of new challenges and environments that emerged following the 2008 global financial crisis. ...