This thesis explores the transmission of economic shocks. Although the thesis is structured as four stand-alone chapters, the common theme throughout is identif

Abstract: This dissertation studies the macroeconomic responses to real and nominal shocks. Over the past two decades, dynamic stochastic general equilibrium (D

Recent economic crises (the 1997 Asian financial crisis, the 1998 Russian crisis, the 2007 global financial crisis, and the 2009 Eurozone crisis) have created a

In this dissertation, I contribute to the study of how monetary policy shocks are transmitted through the economy. I contribute to this literature by analyzing