Thèse de doctorat : Università della Svizzera italiana, 2020 ; 2020ECO008.
My doctoral thesis examines the relationships among the degree of financial market integration and the pricing of different classes of assets. The first chapter provides a theoretical framework that uncovers in a model-free way the relationship between international stochastic discount factors (SDFs), stochastic wedges, and financial market structures. Exchange rates are in general different...
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Thèse de doctorat : Università della Svizzera italiana, 2018 ; 2018ECO002.
The study of wage dynamics over time is more insightful than the analysis of point-in- time inequality measures. In policy-making, indeed, low wage careers instead of low- wage jobs should be at the center of the debate on long-term wage inequality. Many previous studies tried to estimate the degree of wage mobility within an economy; however, they rely on some quite restrictive assumptions....
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Thèse de doctorat : Università della Svizzera italiana, 2007 ; 2007ECO004.
The location of Switzerland in the center of Europe without being member of the European Union implies that wages can be greatly influenced by trans-border labor markets which are of different relevance for various regions. Moreover, since 1st June 2002 the Swiss labor market is experiencing a transition period where the Free Movement of Persons between Switzerland and the European Union member...
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