CORDIS Project
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This project develops macroeconomic models that account for household and firm differences to analyze the impact of housing and inequality on economic fluctuations. It aims to improve understanding of monetary policy effects and the role of price-setting in economic dynamics.
This project will develop macroeconomic models with household and firm heterogeneity to investigate the importance of housing, inequality, and price-setting in macroeconomic fluctuations and the transmission and efficacy of policy.
The objective is to provide a modeling framework that is consistent with both empirical microeconomic evidence on household and firm behavior and macro evidence on the response of the aggregate economy to economic shocks. A central theme will be on non-linearities and…
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