This thesis is composed of three essays, and contributes to the literature on optimal design of tax and transfers schemes in heterogeneous agents general equili

Volume 32 of the NBER Macroeconomics Annual features six theoretical and empirical studies of important issues in contemporary macroeconomics, and a keynote add

It is now recognized that the heterogeneity of economic agents plays a crucial role in understanding the fluctuations of an economy. The different chapters of m

This dissertation has three chapters. In the first chapter, I build a three-agent preferred-habitat New Keynesian (PHANK) model. I show that the fiscal multipli