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Essays On Macroeconomic Analysis Of Development, Nazmul Islam

FIU Electronic Theses and Dissertations

This dissertation includes three essays on empirical studies of macroeconomic analysis of development. The first and second chapter focus on defining different categories of households based on the type of wealth they hold, deriving their demographic characteristics and how they react to transitory income shocks. The economics literature splits households into poor hand-to-mouth (P-HtM), wealthy hand-to-mouth (W-HtM), and not hand-to-mouth (N-HtM). This breakdown is important to accurately capture how different categories of households react to income shocks.

In Chapter 1, I argue that this classification is missing important features related to the behavior of indebted households. Thus, novel in the …