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This dissertation consists of three essays in monetary economics. Although the topic of each chapter differs, the approach is shared: I extend a random matching
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In these essays, I study the implications of macroeconomic policies under the environment with rich heterogeneities of economic agents. The analyses in these es
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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
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