This thesis consists of three chapters pertaining to issues of long-term relationships in labour markets. In Chapter 1, I analyze a model of a two-period advice

This dissertation contributes towards the understanding of the macroeconomic effects of micro-level firm dynamics, in particular firm entry, exit, and innovatio

The first chapter in this dissertation explores the welfare benefits from relationship banking that arise from the information gleaned by banks through monitori

This thesis studies how contracting frictions affect the outcomes that the public sector or individual agents can achieve. The focus is on situations where the