Report NEP-MAC-2006-07-15

This is the archive for NEP-MAC, a report on new working papers in the area of Macroeconomics. Soumitra Kumar Mallick issued this report. It is usually issued weekly.

Subscribe to this report: email, RSS, or Mastodon, or Bluesky.

Other reports in NEP-MAC

The following items were announced in this report:

• Richard Mash, 2006, "Optimising Microfoundations for Inflation Persistence," Computing in Economics and Finance 2006, Society for Computational Economics, number 457, Jul.
• Fiorella de Fiore & Giovenni Lombardo & Viktors Stebunovs, 2006, "Oil Price Shocks, Monetary Policy Rules and Welfare," Computing in Economics and Finance 2006, Society for Computational Economics, number 402, Jul.
• Alejandro Justiniano & Michael Kumhof & Federico Ravenna, 2006, "Multi-Sectoral Cascading and Price Dynamics - A Bayesian Econometric Evaluation," Computing in Economics and Finance 2006, Society for Computational Economics, number 422, Jul.
• Peter Hördahl & Oreste Tristani & David Vestin, 2006, "The term structure of inflation risk premia and macroeconomic dynamics," Computing in Economics and Finance 2006, Society for Computational Economics, number 203, Jul.
• Federico Ravenna & University of California & Juha Seppala & University of Illinois, 2006, "Monetary Policy and the Term Structure of Interest Rates," Computing in Economics and Finance 2006, Society for Computational Economics, number 197, Jul.
• Jagjit Chadha & Sean Holly, 2006, "Macroeconomic Models and the Yield Curve," Computing in Economics and Finance 2006, Society for Computational Economics, number 105, Jul.
• Juuso Vanhala, 2006, "Labor Taxation, Matching and Shocks in the New Keynesian Model," Computing in Economics and Finance 2006, Society for Computational Economics, number 346, Jul.
• Efrem Castelnuovo, 2006, "Monetary Policy Switch, the Taylor Curve, and the Great Moderation," Computing in Economics and Finance 2006, Society for Computational Economics, number 59, Jul.
• Ramón Maria-Dolores & Jesus Vazquez, 2006, "The relative importance of Term Spread, Policy Inertia and Persistent Monetary Policy Shocks in Monetary Policy Rules," Computing in Economics and Finance 2006, Society for Computational Economics, number 6, Jul.
• Michael Krause & Wolfgang Lemke, 2006, "Optimal Monetary Policy Response to Distortionary Tax Changes," Computing in Economics and Finance 2006, Society for Computational Economics, number 306, Jul.
• Kevin J. Lansing, 2006, "Time-Varying U.S. Inflation Dynamics and the New Keynesian Phillips Curve," Computing in Economics and Finance 2006, Society for Computational Economics, number 488, Jul.
• Miguel Molico & Yahong Zhang, 2006, "Monetary Policy and the Distribution of Money and Capital," Computing in Economics and Finance 2006, Society for Computational Economics, number 136, Jul.
• Gianni Amisano & Oreste Tristani, 2006, "Euro area inflation persistence in an estimated nonlinear," Computing in Economics and Finance 2006, Society for Computational Economics, number 347, Jul.
• Lehmann, Etienne, 2006, "A Search Model of Unemployment and Inflation," IZA Discussion Papers, Institute of Labor Economics (IZA), number 2194, Jul.
• Guenter Beck & Massimiliano Marcellino, 2006, "Regional Inflation Dynamics within and across Euro Area and a Comparison with the US," Computing in Economics and Finance 2006, Society for Computational Economics, number 338, Jul.
• Ratto Marco & Roeger Werner & Veld Jan, 2006, "Fiscal Policy in an estimated open-economy model for the EURO area," Computing in Economics and Finance 2006, Society for Computational Economics, number 43, Jul.
• Yann Algan & Xavier Ragot, 2006, "Monetary Policy with Heterogeneous Agents and Credit Constraints," Computing in Economics and Finance 2006, Society for Computational Economics, number 292, Jul.
• Luca Colombo & Gerd Weinrich, 2006, "The Role of Expectations in a Macroeconomic Model with Inventories," Computing in Economics and Finance 2006, Society for Computational Economics, number 65, Jul.
• Paul Castillo & Carlos Montoro, 2006, "Inflation Premium and Oil Price Volatility," Computing in Economics and Finance 2006, Society for Computational Economics, number 18, Jul.
• Paul Castillo & Carlos Montoro & Vicente Tuesta, 2006, "Stylized Facts of the Peruvian Economy," Working Papers, Banco Central de Reserva del Perú, number 2006-005, Jun.
• Johann Burgstaller, 2006, "The cyclicality of interest rate spreads in Austria: Evidence for a financial decelerator?," Economics working papers, Department of Economics, Johannes Kepler University Linz, Austria, number 2006-02, Jul.
• Kevin Clinton, 2006, "Wicksell At The Bank Of Canada," Working Paper, Economics Department, Queen's University, number 1087, Jun.
• Krisztina Molnar & Sergio Santoro, 2006, "Optimal Monetary Policy when Agents are Learning," Computing in Economics and Finance 2006, Society for Computational Economics, number 40, Jul.
• Vitor Gaspar & Frank Smets & David Vestin, 2006, "Optimal Monetary Policy under Adaptive Learning," Computing in Economics and Finance 2006, Society for Computational Economics, number 183, Jul.
• James Costain & Marcel Jansen, 2006, "Employment Fluctuations with Downward Wage Rigidity," Computing in Economics and Finance 2006, Society for Computational Economics, number 204, Jul.
• Sandra Eickmeier & Joerg Breitung, 2006, "Business cycle transmission from the euro area to CEECs," Computing in Economics and Finance 2006, Society for Computational Economics, number 229, Jul.
• Alejandro Justiniano & Northwestern University, 2006, "The Time Varying Volatility of Macroeconomic Fluctuations," Computing in Economics and Finance 2006, Society for Computational Economics, number 219, Jul.
• Ester Faia & Tommaso Monacelli, 2006, "Optimal Monetary Policy in a Small Open Economy with Home Bias," Computing in Economics and Finance 2006, Society for Computational Economics, number 521, Jul.
• Philip Jung, 2006, "Unemployment, Capital and Hours: On the quantitative performance of a DSGE," Computing in Economics and Finance 2006, Society for Computational Economics, number 123, Jul.
• Martin Ellison & Lucio Sarno & Jouko Vilmunen, 2006, "Caution or Activism? Monetary Policy Strategies in an Open Economy," Computing in Economics and Finance 2006, Society for Computational Economics, number 214, Jul.
• Michael T. Owyang & Jeremy Piger & Howard J. Wall & Federal Reserve Bank of St. Louis, 2006, "A State-Level Analysis of the Great Moderation," Computing in Economics and Finance 2006, Society for Computational Economics, number 131, Jul.
• Burkhard Heer & Alfred Maussner & Paul McNelis, 2006, "The money-age distribution: Empirical facts and economic modelling," Computing in Economics and Finance 2006, Society for Computational Economics, number 191, Jul.
• Stephane Dees & Filippo di Mauro & M. Hashem Pesaran & L. Vanessa Smith, 2006, "Exploring the International Linkages of the Euro Area: a Global VAR Analysis," Computing in Economics and Finance 2006, Society for Computational Economics, number 47, Jul.
• William A. Barnett & Unja Chae & John W. Keating, 2006, "The discounted economic stock of money with VAR forecasting," Computing in Economics and Finance 2006, Society for Computational Economics, number 51, Jul.
• Niki Papadopoulou, 2006, "Sticky Prices vs. Limited Participation:What Do We Learn From the Data?," Computing in Economics and Finance 2006, Society for Computational Economics, number 418, Jul.
• Jinill Kim & Andrew Levin & Tack Yun, 2006, "Relative Price Distortion and Optimal Monetary Policy in Open Economies," Computing in Economics and Finance 2006, Society for Computational Economics, number 211, Jul.
• Dario Caldara & Christophe Kamps, 2006, "What Do We Know About the Effects of Fiscal Policy Shocks? A Comparative Analysis," Computing in Economics and Finance 2006, Society for Computational Economics, number 257, Jul.
• Ansgar Belke & Thorsten Polleit, 2006, "Money and Swedish Inflation Reconsidered," Diskussionspapiere aus dem Institut für Volkswirtschaftslehre der Universität Hohenheim, Department of Economics, University of Hohenheim, Germany, number 270/2006.
• Haroon Mumtaz & Paolo Surico, 2006, "Inflation Globalization and the Fall of Country Specific Fluctuations," Computing in Economics and Finance 2006, Society for Computational Economics, number 166, Jul.
• A. Schabert & L. v. Thadden, 2006, "Distortionary Taxation, Debt, and the Price Level," Computing in Economics and Finance 2006, Society for Computational Economics, number 75, Jul.
• Jiri Slacalek, 2006, "International Wealth Effects," Computing in Economics and Finance 2006, Society for Computational Economics, number 425, Jul.
• Saki Bigio & Marco Vega, 2006, "Monetary Policy under Balance Sheet Uncertainty," Computing in Economics and Finance 2006, Society for Computational Economics, number 157, Jul.
• Bernoth, Kerstin & Hagen, Jürgen von & Schuknecht, Ludger, 2006, "Sovereign Risk Premiums in the European Government Bond Market," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich, number 151, May.
• Almuth Scholl & Harald Uhlig, 2006, "New Evidence on the Puzzles: Monetary Policy and Exchange Rates," Computing in Economics and Finance 2006, Society for Computational Economics, number 5, Jul.
• Mario Padula & Università di Salerno, 2006, "An approximate consumption function," Computing in Economics and Finance 2006, Society for Computational Economics, number 133, Jul.
• Erdenebat Bataa & Dong Heon Kim & Denise R. Osborn, 2006, "On the Expectations Hypothesis in US Term Structure," Computing in Economics and Finance 2006, Society for Computational Economics, number 508, Jul.
• Oscar J. Arce, 2006, "Speculative Hyperinflations: When Can We Rule Them Out?," Computing in Economics and Finance 2006, Society for Computational Economics, number 376, Jul.
• Manoj Atolia & Edward F. Buffie, 2006, "Exchange-Rate-Based Stabilization, Durables Consumption, and Stylized Facts," Computing in Economics and Finance 2006, Society for Computational Economics, number 416, Jul.
• Maciej K. Dudek & ówna Handlowa, 2006, "On Artificial Structural Unemployment," Computing in Economics and Finance 2006, Society for Computational Economics, number 171, Jul.
• Gregor W. Smith, 2006, "The Spectre Of Deflation: A Review Of Empirical Evidence," Working Paper, Economics Department, Queen's University, number 1086, Jul.
• Luca Benati & Paolo Surico, 2006, "The Great Moderation and the ‘Bernanke Conjecture’," Computing in Economics and Finance 2006, Society for Computational Economics, number 158, Jul.
• Anna Lipinska, 2006, "Monetary regime choice in the accession countries - a theoretical analysis," Computing in Economics and Finance 2006, Society for Computational Economics, number 243, Jul.
• Bartosz Mackowiak & Mirko Wiederholt, 2006, "Macroeconomic Dynamics under Rational Inattention," Computing in Economics and Finance 2006, Society for Computational Economics, number 443, Jul.
• Jane M. Binner & C. Thomas Elger & Barry E. Jones & Birger Nilsson, 2006, "Forecasting Inflation: the Relevance of Higher Moments," Computing in Economics and Finance 2006, Society for Computational Economics, number 407, Jul.
• Hilde C. Bjørnland, 2006, "Monetary Policy and the Illusionary Exchange Rate Puzzle," Computing in Economics and Finance 2006, Society for Computational Economics, number 45, Jul.
• Paul Levine & Joseph Pearlman & Richard Pierse, 2006, "Linear-Quadratic Approximation, Efficiency and Target-Implementability," Computing in Economics and Finance 2006, Society for Computational Economics, number 441, Jul.
• Eugenio Pinto, 2006, "Firm Dynamics with Infrequent Adjustment and Learning," Computing in Economics and Finance 2006, Society for Computational Economics, number 467, Jul.
• Juha Kilponen & Helvi Kinnunen & Antti Ripatti, 2006, "Demographic Uncertainty and Labour Market Imperfections in Small Open Economy," Computing in Economics and Finance 2006, Society for Computational Economics, number 227, Jul.
• Arnulfo Rodriguez & Pedro N. Rodriguez, 2006, "Recursive Thick Modeling and the Choice of Monetary Policy in Mexico," Computing in Economics and Finance 2006, Society for Computational Economics, number 30, Jul.
• Sergey Slobodyan & Anna Bogomolova & Dmitri Kolyuzhnov, 2006, "Stochastic Gradient versus Recursive Least Squares Learning," Computing in Economics and Finance 2006, Society for Computational Economics, number 446, Jul.
• Olaf Posch & Klaus Wälde, 2006, "Natural volatility, welfare and taxation," Computing in Economics and Finance 2006, Society for Computational Economics, number 95, Jul.
• Chin Nam Low & Heather Anderson & Ralph Snyder, 2006, "Beveridge-Nelson Decomposition with Markov Switching," Melbourne Institute Working Paper Series, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne, number wp2006n14, Jul.
• Riccardo Cristadoro & Andrea Gerali & Stefano Neri & Massimiliano Pisani, 2006, "Nominal Rigidities in an Estimated Two Country," Computing in Economics and Finance 2006, Society for Computational Economics, number 162, Jul.
• Manuel M. F. Martins, 2006, "Dilemas macroeconómicos e política monetária: o caso da Zona Euro," FEP Working Papers, Universidade do Porto, Faculdade de Economia do Porto, number 221, Jul.
• Kaiji Chen & Ayse Imrohoroglu & Selahattin Imrohoroglu, 2006, "Secular Trends in U.S Saving and Consumption," Computing in Economics and Finance 2006, Society for Computational Economics, number 494, Jul.
• Óscar Afonso & Rui Henrique Alves, 2006, "“To Deficit or Not to Deficit”: Should European Fiscal Rules Differ Among Countries?," FEP Working Papers, Universidade do Porto, Faculdade de Economia do Porto, number 219, Jul.
• Jean-Christian Lambelet & Alexander Mihailov, 2006, "The Triple-Parity Law," Computing in Economics and Finance 2006, Society for Computational Economics, number 33, Jul.
• Marco Vega, 2006, "Skewed policy responses and IT in Latin America," Computing in Economics and Finance 2006, Society for Computational Economics, number 61, Jul.
• Gang Gong & Jian Gao, 2006, "The Independent Monetary Policy under the Fixed Exchange Regime," Computing in Economics and Finance 2006, Society for Computational Economics, number 517, Jul.
• Hagen, Jürgen von & Wolff, Guntram B., 2006, "What do deficits tell us about debt? Empirical evidence on creative accounting with fiscal rules in the EU," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich, number 148, Jan.
• Y. Morita & Md. J. Rahman & S. Miyagawa, 2006, "Estimation of Precautionary Demand by Financial Anxieties," Computing in Economics and Finance 2006, Society for Computational Economics, number 46, Jul.
• Peter Hoeller & Claude Giorno, 2006, "Nothing Ventured, Nothing Gained: The Long-Run Fiscal Reward of Structural Reforms," OECD Economics Department Working Papers, OECD Publishing, number 493, Jun, DOI: 10.1787/658801348663.
• Jens Rubart, 2006, "Dismissal Protection or Wage Flexibility," Computing in Economics and Finance 2006, Society for Computational Economics, number 406, Jul.
• Liam Graham & Stephen Wright, 2006, "Inspecting the noisy mechanism: the stochastic growth model with partial information," Computing in Economics and Finance 2006, Society for Computational Economics, number 207, Jul.
• Silvio Rendon, 2006, "Job Creation and Investment in Imperfect Capital and Labor Markets," Computing in Economics and Finance 2006, Society for Computational Economics, number 432, Jul.
• Walter H. Fisher & IHS-Vienna & Franz X. Hof, 2006, "The Quest for Status and Endogenous Labor Supply: The Relative Wealth Framework," Computing in Economics and Finance 2006, Society for Computational Economics, number 60, Jul.
• Ansgar Belke & Thorsten Polleit, 2006, "How the ECB and the US Fed Set Interest Rates," Diskussionspapiere aus dem Institut für Volkswirtschaftslehre der Universität Hohenheim, Department of Economics, University of Hohenheim, Germany, number 269/2006.
• C. Bora Durdu, 2006, "Are Indexed Bonds a Remedy for Sudden Stops?," Computing in Economics and Finance 2006, Society for Computational Economics, number 11, Jul.
• Maximo Camacho & Gabriel Perez-Quiros & Lorena Saiz & Universidad de Murcia, 2006, "Do european business cycles look like one $\_?$," Computing in Economics and Finance 2006, Society for Computational Economics, number 175, Jul.
• Gaobo Pang & University of Maryland, 2006, "Tax-Deferred Savings and Early Retirement," Computing in Economics and Finance 2006, Society for Computational Economics, number 31, Jul.
• Ferre De Graeve, 2006, "The External Finance Premium and the Macroeconomy: US post-WWII Evidence," Computing in Economics and Finance 2006, Society for Computational Economics, number 84, Jul.
• Esben Hoeg & Per Frederiksen, 2006, "The Fractional OU Process: Term Structure Theory and Application," Computing in Economics and Finance 2006, Society for Computational Economics, number 194, Jul.
• David Laidler, 2006, "Three Lectures on Monetary Theory and Policy: Speaking Notes and Background Papers," Working Papers, Oesterreichische Nationalbank (Austrian Central Bank), number 128, Jun.
• Pierre-Olivier Beffy & Patrice Ollivaud & Pete Richardson & Franck Sédillot, 2006, "New OECD Methods for Supply-side and Medium-term Assessments: A Capital Services Approach," OECD Economics Department Working Papers, OECD Publishing, number 482, Jul, DOI: 10.1787/628752675863.
• Sergey Slobodyan & Atanas Christev, 2006, "On learnability of E–stable equilibria," Computing in Economics and Finance 2006, Society for Computational Economics, number 451, Jul.
• Adrian Peralta-Alva & Sami Alpanda, 2006, "Oil crisis, Energy Saving Technological Change, and the Stock Market Collapse of 1974," Computing in Economics and Finance 2006, Society for Computational Economics, number 49, Jul.
• Fitzenberger, Bernd & Kohn, Karsten, 2006, "Skill Wage Premia, Employment, and Cohort Effects: Are Workers in Germany All of the Same Type?," IZA Discussion Papers, Institute of Labor Economics (IZA), number 2185, Jun.
• George Monokroussos, 2006, "A Dynamic Tobit Model for the Open Market Desk's Daily Reaction Function," Computing in Economics and Finance 2006, Society for Computational Economics, number 390, Jul.
• Atanas Christev, 2006, "Learning Hyperinflations," Computing in Economics and Finance 2006, Society for Computational Economics, number 475, Jul.
• Francesco Zanetti, 2006, "Labor Market Institutions and Aggregate Fluctuations in a Search and Matching Model," Computing in Economics and Finance 2006, Society for Computational Economics, number 445, Jul.
• Mauro Bambi, 2006, "Endogenous growth and time to build: the AK case," Computing in Economics and Finance 2006, Society for Computational Economics, number 77, Jul.
• Arpad Abraham & Eva Carceles-Poveda, 2006, "Complete Markets, Enforcement Constraints and Intermediation," Computing in Economics and Finance 2006, Society for Computational Economics, number 320, Jul.
• Giovanni Gallipoli & Giulio Fella, 2006, "Education and Crime over the Lifecycle," Computing in Economics and Finance 2006, Society for Computational Economics, number 192, Jul.
• M. Ratto & R. Girardi & R. Liska & W. Roeger & J. In't Veld, 2006, "Impact of oil prices in an estimated EU12 open economy model," Computing in Economics and Finance 2006, Society for Computational Economics, number 386, Jul.
• Patricia McGrath, 2006, "Financial Deregulation and Industrial Development: Subsequent Impact on Economic Growth in the Czech Republic, Hungary and Poland," William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan, number 818, Feb.
• Thomas Crossley & Krishna Pendakur, 2006, "The social cost-of-living: welfare foundations and estimation," IFS Working Papers, Institute for Fiscal Studies, number W06/10, Jun.
• Javier Diaz-Gimenez & Josep Pijoan-Mas, 2006, "Flat Tax Reforms in the U.S.: a Boon for the Income Poor," Computing in Economics and Finance 2006, Society for Computational Economics, number 400, Jul.
• Schweinzer, Paul, 2006, "Labour market screening with intermediaries," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich, number 138, Jun.
• Aliprantis, C. D. & Camera, G. & Puzzello, D., 2006, "Bilateral Matching and Latin Squares," Purdue University Economics Working Papers, Purdue University, Department of Economics, number 1189, Jul.

Report NEP-MAC-2006-07-15

This is the archive for NEP-MAC, a report on new working papers in the area of Macroeconomics. Soumitra Kumar Mallick issued this report. It is usually issued weekly.

Subscribe to this report: email, RSS, or Mastodon, or Bluesky.

Other reports in NEP-MAC

The following items were announced in this report: