The unifying theme in both chapters of my dissertation is the dynamic inter-temporal investment and consumption decision making of utility maximizing economic agents. In the first chapter, I solve a general equilibrium model where the agents suspect model mis-specification in ch…
"4" Result
Sort By:
The first chapter constructs the monthly current account factor that is a good proxy for quarterly current accounts, and it examines the effect of the current account factor on the US term structure. Using the Generalized Method of Moments, I estimate the term structure with inf…
My dissertation consists of three chapters. In the first chapter, I show across three different settings that an individual's history of experiencing persistent processes can impact their beliefs. First, I examine analyst forecasts of earnings and show that forecasters who have …