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Eseje o heterogenních agentech a volbě portfolia v makroekonomii
dc.contributor.advisorSlavík, Ctirad
dc.creatorBakota, Ivo
dc.date.accessioned2020-12-09T10:59:50Z
dc.date.available2020-12-09T10:59:50Z
dc.date.issued2020
dc.identifier.urihttp://hdl.handle.net/20.500.11956/119774
dc.description.abstractDissertation Abstract Essays in Macroeconomics with Heterogeneous Agents and Portfolio Choice Ivo Bakota This thesis studies how the asset portfolio heterogeneity of households influences wealth inequality and macroeconomic outcomes in macroeconomic models. Specifically, it analyses the implications of a change in firm leverage and differential asset taxation on inequality and other macroeconomic variables, and how to compute the macroeconomic models used to study these implications more efficiently. Chapter 1 studies the effects of a change in firm leverage on wealth inequality and macroeconomic aggregates. The effects are studied in a general equilibrium model with a continuum of heterogeneous agents, life-cycle, incomplete markets, and idiosyncratic and aggregate risk. In the benchmark model, an increase in firm leverage leads to an increase in capital accumulation, and a decrease in wealth inequality and government revenue. Furthermore, I show that if the model abstracts from capital income taxation, the change in leverage has only minor effects on macro aggregates and inequality, despite having significant implications for asset prices. Chapter 2 analyzes the redistributional and macroeconomic effects of differential taxation of financial assets with a different risk. Poor households in the US...en_US
dc.languageEnglishcs_CZ
dc.language.isoen_US
dc.publisherUniverzita Karlova, Fakulta sociálních vědcs_CZ
dc.titleEssays in Macroeconomics with Heterogeneous Agents and Portfolio Choiceen_US
dc.typedizertační prácecs_CZ
dcterms.created2020
dcterms.dateAccepted2020-07-14
dc.description.departmentCERGEcs_CZ
dc.description.facultyFakulta sociálních vědcs_CZ
dc.description.facultyFaculty of Social Sciencesen_US
dc.identifier.repId179369
dc.title.translatedEseje o heterogenních agentech a volbě portfolia v makroekonomiics_CZ
dc.contributor.refereeKarabarbounis, Marios
dc.contributor.refereeKrueger, Dirk
dc.identifier.aleph002377079
thesis.degree.namePh.D.
thesis.degree.leveldoktorskécs_CZ
thesis.degree.disciplineEconomics and Econometricsen_US
thesis.degree.disciplineEkonomie a ekonometriecs_CZ
thesis.degree.programEkonomie a ekonometriecs_CZ
thesis.degree.programEconomics and Econometricsen_US
uk.thesis.typedizertační prácecs_CZ
uk.taxonomy.organization-csFakulta sociálních věd::CERGEcs_CZ
uk.faculty-name.csFakulta sociálních vědcs_CZ
uk.faculty-name.enFaculty of Social Sciencesen_US
uk.faculty-abbr.csFSVcs_CZ
uk.degree-discipline.csEkonomie a ekonometriecs_CZ
uk.degree-discipline.enEconomics and Econometricsen_US
uk.degree-program.csEkonomie a ekonometriecs_CZ
uk.degree-program.enEconomics and Econometricsen_US
thesis.grade.csProspěl/acs_CZ
thesis.grade.enPassen_US
uk.abstract.enDissertation Abstract Essays in Macroeconomics with Heterogeneous Agents and Portfolio Choice Ivo Bakota This thesis studies how the asset portfolio heterogeneity of households influences wealth inequality and macroeconomic outcomes in macroeconomic models. Specifically, it analyses the implications of a change in firm leverage and differential asset taxation on inequality and other macroeconomic variables, and how to compute the macroeconomic models used to study these implications more efficiently. Chapter 1 studies the effects of a change in firm leverage on wealth inequality and macroeconomic aggregates. The effects are studied in a general equilibrium model with a continuum of heterogeneous agents, life-cycle, incomplete markets, and idiosyncratic and aggregate risk. In the benchmark model, an increase in firm leverage leads to an increase in capital accumulation, and a decrease in wealth inequality and government revenue. Furthermore, I show that if the model abstracts from capital income taxation, the change in leverage has only minor effects on macro aggregates and inequality, despite having significant implications for asset prices. Chapter 2 analyzes the redistributional and macroeconomic effects of differential taxation of financial assets with a different risk. Poor households in the US...en_US
uk.file-availabilityV
uk.grantorUniverzita Karlova, Fakulta sociálních věd, CERGEcs_CZ
thesis.grade.codeP
uk.publication-placePrahacs_CZ
dc.identifier.lisID990023770790106986


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