Models

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This thesis challenges the orthodox view which states that remittances are a key factor for alleviating poverty, creating new investment in lagging regions, reducing income inequality, and stimulating economic development. There are theoretical and empirical reasons to doubt the…

Anti-Semitism is resurgent throughout much of the world. A new theoretical model of anti-Semitism is presented and tested in three experiments. The New Anti-Semitism Israel (NASI) model proposes that mortality salience increases anti-Semitism and that anti-Semitism often manifes…

Emerging market financial crises are abrupt and dramatic, usually occurring after a period of high output growth, massive capital flows, and a boom in asset markets. This thesis develops an equilibrium asset pricing model with informational frictions in which vulnerability and t…