عنوان

Essays in microfoundations of macroeconomics :

Number

TLets441209

Title Proper

Essays in microfoundations of macroeconomics :

General Material Designation

[Thesis]

First Statement of Responsibility

Acemoglu, Kamer Daron.

Title Proper by Another Author

contracts and macroeconomic performance

Name of Publisher, Distributor, etc.

London School of Economics and Political Science (University of London)

Date of Publication, Distribution, etc.

1992

Dissertation or thesis details and type of degree

Ph.D.

Body granting the degree

London School of Economics and Political Science (University of London)

Text preceding or following the note

1992

Text of Note

This thesis consists of seven essays that deal with microfunctions ofmacroeconomics. Two important questions that are addressed in this context are:(i) Do we expect to obtain stylised facts of macroeconomics from microstructuresthat we observe in labour, financial and product markets (for instance forms ofcontracts, organisation of wage determination, institutional features)?(ii) Can these microstructures that we observe be explained in a coherent way?Once we answer these questions, we can also reach "efficiency" conclusions anddetermine certain costs and benefits of different microstructures.This thesis tries to tackle these questions in specific cases. In particular, weinvestigate these issues in the context of (a) business cycle fluctuations, (b) thepersistence and volatility in the time-series relationship behaviour of unemployment andwages, (c) the recent high levels and persistence of long-term unemployment, (d) thetime-series relationship between investment and output, (e) the nature and form oflabour,product market and financial contracts.

Acemoglu, Kamer Daron.

London School of Economics and Political Science (University of London)

Electronic name

p

[Thesis]

276903

a

Y