Thesiss

The objective of this paper is to construct a model that is capable of replicating many stylized facts of a small open economy. The model incorporates asymmetric information in the financial market, capital adjustment costs, and an oil sector. In contrast to previous work, the m…

This dissertation considers two distinct issues in macroeconomics. The first is the effect of tax changes on the level of productivity of an economy and the second concerns the implications of cross-national migration for long-run growth and welfare. In the first chapter, I anal…