This doctoral dissertation analyses the transmission of monetary policy. It applies a variety of empirical methods to study how conventional and unconventional monetary policy measures transmit to different macroeconomic and financial variables. The first article analyses the effect of monetary...

Variance risk premium is arguably one of the most important and robust risk premia documented in the academic finance. The first chapter of this thesis deals with variance risk on the FX market: therein, I recover risk-neutralized covariance matrices of currency returns and combine them with ex...

Introduction: Time and Economic Policy -- Intertemporal Choices, Information, and Opportunity Sets: The Effectiveness of Monetary Policy -- Thinking Outside the Box: Giancarlo Marini, A Rigorous Eclectic Economist -- Fiscal Policy and Sovereign Debt Dynamics: (Re-)Assessing the Intertemporal...

Chapter 1. From Climate Finance to “climate Finance Society” to a Culture of Sus-tainability. Changing Perspectives on the ECB’s New Strategy -- Chapter 2. Sustainable Finance: What has Happened – What Needs to Happen? -- Chapter 3. The New Sustainability Strategy of the ECB -- Chapter...

1. Introduction - Pressman and Smithin -- I. Budget -- 2. Keynes after Piketty: Some Unsettling Questions Regarding Government Budget Deficits - Steven Pressman -- 3. Some Unsettling Questions Regarding Government Budget Deficits: The National Debt is Irrelevant - David Barrows -- II. Trade --...