Thesiss

Simon (1976) insists "a general theory of administration must include principles of organization that will ensure correct decision-making, just as it must include principles that will ensure effective action" (p. 1). Similarly, Griffiths (1959) writes "the specific function of a…

This dissertation is a collection of three essays on the monetary and fiscal stabilization policies. Grounded in the framework of the New Keynesian model, they combine both theoretical modeling and quantitative analysis, taking into account the considerations from behavioral mac…