Book of Donmon Teith

This dissertation analyzes the effect of productivity risk on economic fluctuations and asset prices in a production economy. My analysis is based on the direct

This dissertation studies how asset prices are related to various macroeconomic and financial factors. In the first chapter, I examine the influence of external

First chapter of this thesis finds a new consumption growth predictor linked to macroeconomic fundamentals: the technology gap, the dierence between potential a

This dissertation consists of two essays on production-based asset pricing. The first essay studies the asset pricing implications of investment and disinvestme

This dissertation explores the intersection between labor and financial markets, in which labor mobility plays a fundamental role. Unlike physical assets such a