Human capital, business cycle and the labour market performance: A DSGE approach
The thesis aims to investigate the role of human capital in business cycle persistence and labour market
dynamics. The research will be based on a formulated dynamic stochastic general equilibrium (DSGE)
model with heterogeneous labour market (with search and matching frictions) and human capitalbased
endogenous growth. DSGE model will be identified on real data.
Corruption and the dynamics of the underground economy through the lens of a DSGE
model
The main goal of the thesis is to evaluate the impacts of corruption on the extent and dynamics of both
the official and the underground economy. The thesis will quantify and compare the effects of
alternative transmission mechanisms of corruption on the economy implemented into a dynamic
stochastic general equilibrium (DSGE) model with the underground sector. DSGE model will be
identified on real data using Bayesian estimation techniques. Building an original DSGE model with
alternative settings of corruption mechanisms should be one of the thesis's main theoretical
contributions.
Spatial dynamics of the regional labour markets
The thesis aims to identify the spatial patterns of the regional labour market dynamics. The first goal
is to reveal how spatial interactions influence the matching process at the regional level (including the
cross-border effects). The second goal is connected to the identification of spatial propagation of
macroeconomic shocks in regional labour markets. The main research methods will be based on spatial
econometrics approaches.