Essays on Banking Regulation, International Capital Flows, Monetary Policy Coordination, and Corporate Finance.

摘要

This dissertation contains four essays touching a variety of issues in Macro-economics and Corporate Finance. The first essay studies efficiency of deposit contracts during banking crises. The second essay examines the role of uninsurable idiosyncratic risk in explaining capital flows across developing countries. The third essay shows that a domestic time-inconsistency problem leads to international monetary policy interdependence, when independent monetary authorities seek to realize gains from trade. The fourth essay studies how the quality of mandated disclosure affects the fraction of firm profits paid out to executives.