Report NEP-MAC-2006-10-28

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:

• Adam, Klaus & Billi, Roberto, 2006, "Monetary Conservatism and Fiscal Policy," CEPR Discussion Papers, Centre for Economic Policy Research, number 5740, Jul.
• Tenreyro, Silvana & Olivei, Giovanni, 2006, "The Timing of Monetary Policy Shocks," CEPR Discussion Papers, Centre for Economic Policy Research, number 5716, Jun.
• Orphanides, Athanasios & Williams, John C, 2006, "Inflation Targeting under Imperfect Knowledge," CEPR Discussion Papers, Centre for Economic Policy Research, number 5664, May.
• Buiter, Willem, 2006, "How Robust is the New Conventional Wisdom? The Surprising Fragility of the Theoretical Foundations of Inflation Targeting and Central Bank Independence," CEPR Discussion Papers, Centre for Economic Policy Research, number 5772, Jul.
• Muellbauer, John & Aron, Janine, 2006, "Review of Monetary Policy in South Africa: 1994-2004," CEPR Discussion Papers, Centre for Economic Policy Research, number 5831, Sep.
• Gerlach, Stefan & Assenmacher, Katrin, 2006, "Understanding the Link between Money Growth and Inflation in the Euro Area," CEPR Discussion Papers, Centre for Economic Policy Research, number 5683, May.
• Levin, Andrew & Gürkaynak, Refet & Swanson, Eric T., 2006, "Does Inflation Targeting Anchor Long-Run Inflation Expectations? Evidence from Long-Term Bond Yields in the US, UK and Sweden," CEPR Discussion Papers, Centre for Economic Policy Research, number 5808, Aug.
• Gerlach, Stefan & Assenmacher, Katrin, 2006, "Money Growth, Output Gaps and Inflation at Low and High Frequency: Spectral Estimates for Switzerland," CEPR Discussion Papers, Centre for Economic Policy Research, number 5723, Jun.
• Item repec:dnb:dnbwpp:117 is not listed on IDEAS anymore

• Ian Babetskii, 2006, "Aggregate Wage Flexibility in Selected New EU Member States," Working Papers, Czech National Bank, Research and Statistics Department, number 2006/1, Apr.
• Ellingsen, Tore & Hassler, John & Friberg, Richard, 2006, "Menu Costs and Asymmetric Price Adjustment," CEPR Discussion Papers, Centre for Economic Policy Research, number 5749, Jul.
• Artis, Michael & Onorante, Luca, 2006, "The Economic Importance of Fiscal Rules," CEPR Discussion Papers, Centre for Economic Policy Research, number 5684, May.
• McKay, Alisdair, 2006, "The Brevity and Violence of Contractions and Expansions," CEPR Discussion Papers, Centre for Economic Policy Research, number 5756, Jul.
• Huizinga, Harry & Zhu, Dantao, 2006, "Financial Structure and Macroeconomic Volatility: Theory and Evidence," CEPR Discussion Papers, Centre for Economic Policy Research, number 5697, Jun.
• Alexei Deviatov, 2006, "Money Creation in a Random Matching Model," Working Papers, Center for Economic and Financial Research (CEFIR), number w0081, Sep.
• Kilian, Lutz & Inoue, Atsushi & ,, 2006, "Do Actions Speak Louder than Words? Household Expectations of Inflation Based on Micro Consumption Data," CEPR Discussion Papers, Centre for Economic Policy Research, number 5790, Aug.
• Rafael Domenech & Javier Andres & Antonio Fatas, 2006, "The Stabilizing Role of Government Size," Working Papers, International Economics Institute, University of Valencia, number 0603, Oct, revised Jan 2007.
• Correia, Isabel & Teles, Pedro & Adao, Bernardino, 2006, "On the Relevance of Exchange Rate Regimes for Stabilization Policy," CEPR Discussion Papers, Centre for Economic Policy Research, number 5797, Aug.
• Bayoumi, Tamim & Sgherri, Silvia, 2006, "Mr Ricardo's Great Adventure: Estimating Fiscal Multipliers in a Truly Intertemporal Model," CEPR Discussion Papers, Centre for Economic Policy Research, number 5839, Sep.
• Kirill Sosunov & Oleg Zamulin, 2006, "The Inflationary Consequences of Real Exchange Rate Targeting via Accumulation of Reserves," Working Papers, Center for Economic and Financial Research (CEFIR), number w0082, Aug.
• Quadrini, Vincenzo & Jermann, Urban, 2006, "Financial Innovations and Macroeconomic Volatility," CEPR Discussion Papers, Centre for Economic Policy Research, number 5727, Jun.
• Item repec:hhs:bofrdp:2004_019 is not listed on IDEAS anymore

• Snower, Dennis & Merkl, Christian, 2006, "Monetary Persistence, Imperfect Competition and Staggering Complementarities," CEPR Discussion Papers, Centre for Economic Policy Research, number 5658, May.
• Tatsuma Wada & Pierre Perron, 2005, "An Alternative Trend-Cycle Decomposition using a State Space Model with Mixtures of Normals: Specifications and Applications to International Data," Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics, number WP2005-44, Oct.
• Christos Ioannidis & Alexandros Kontonikas, 2006, "Monetary Policy and the Stock Market: Some International evidence," Working Papers, Business School - Economics, University of Glasgow, number 2006_12, Sep.
• Veldkamp, Laura & Wolfers, Justin, 2006, "Aggregate Shocks or Aggregate Information? Costly Information and Business Cycle Comovement," IZA Discussion Papers, IZA Network @ LISER, number 2339, Sep.
• Rose, Andrew, 2006, "A Stable International Monetary System Emerges: Bretton Woods, Reversed," CEPR Discussion Papers, Centre for Economic Policy Research, number 5854, Sep.
• Zweimueller, Josef & Foellmi, Reto, 2006, "Mass Consumption, Exclusion and Unemployment," CEPR Discussion Papers, Centre for Economic Policy Research, number 5824, Sep.
• Item repec:col:001043:002676 is not listed on IDEAS anymore

• Falk, Armin & Dohmen, Thomas J & Sunde, Uwe & Huffman, David, 2006, "Seemingly Irrelevant Events Affect Perceptions and Expectations - The FIFA World Cup 2006 as a Natural Experiment," CEPR Discussion Papers, Centre for Economic Policy Research, number 5851, Sep.
• Andy Snell & Jonathan Thomas, 2006, "Labour Contracts, Equal Treatment and Wage-Unemployment Dynamics," Edinburgh School of Economics Discussion Paper Series, Edinburgh School of Economics, University of Edinburgh, number 144, Jul.
• Uhlig, Harald & Trabandt, Mathias, 2006, "How Far Are We From the Slippery Slope? The Laffer Curve Revisited," CEPR Discussion Papers, Centre for Economic Policy Research, number 5657, May.
• Reichlin, Lucrezia & Giannone, Domenico, 2006, "Does Information Help Recovering Structural Shocks from Past Observations?," CEPR Discussion Papers, Centre for Economic Policy Research, number 5725, Jun.
• Wyplosz, Charles & Gosselin-Lotz, Aileen & Gosselin, Pierre, 2006, "How Much Information Should Interest Rate-Setting Central Banks Reveal?," CEPR Discussion Papers, Centre for Economic Policy Research, number 5666, May.
• Artis, Michael, 2006, "What Do We Now Know About Currency Unions?," CEPR Discussion Papers, Centre for Economic Policy Research, number 5677, May.
• Rotemberg, Julio J., 2006, "Cyclical Wages in a Search-and-Bargaining Model with Large Firms," CEPR Discussion Papers, Centre for Economic Policy Research, number 5791, Aug.
• Favero, Carlo A. & Giglio, Stefano, 2006, "Fiscal Policy and the Term Structure: Evidence from the Case of Italy in the EMS and the EMU Periods," CEPR Discussion Papers, Centre for Economic Policy Research, number 5793, Aug.
• Paz Rico Belda, 2006, "El Tipo De Cambio Real Dólar-Euro Y El Diferencial De Intereses Reales," Working Papers. Serie EC, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie), number 2006-13, Oct.
• Lockwood, Ben & Hindriks, Jean & Gonzalez, Paula & Porteiro, Nicolas, 2006, "Political Budget Cycles and Fiscal Decentralization," CEPR Discussion Papers, Centre for Economic Policy Research, number 5646, Apr.
• Snower, Dennis & Merkl, Christian, 2006, "The Caring Hand that Cripples: The East German Labour Market after Reunification," CEPR Discussion Papers, Centre for Economic Policy Research, number 5656, May.
• Sapir, Andre & Buti, Marco, 2006, "Fiscal Policy in Europe: The Past and Future of EMU Rules from the Perspective of Musgrave and Buchanan," CEPR Discussion Papers, Centre for Economic Policy Research, number 5830, Sep.
• Ai Deng & Pierre Perron, 2005, "The Limit Distribution of the CUSUM of Square Test Under Genreal MIxing Conditions," Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics, number WP2005-046, Nov.
• Faini, Riccardo, 2006, "Foreign Aid and Fiscal Policy," CEPR Discussion Papers, Centre for Economic Policy Research, number 5721, Jun.
• Artis, Michael & Hoffmann, Mathias, 2006, "The Home Bias and Capital Income Flows between Countries and Regions," CEPR Discussion Papers, Centre for Economic Policy Research, number 5691, May.
• Krueger, Dirk & Ludwig, Alexander, 2006, "On the Consequences of Demographic Change for Rates of Return to Capital, and the Distribution of Wealth and Welfare," CEPR Discussion Papers, Centre for Economic Policy Research, number 5834, Sep.
• François Gourio, 2006, "Firms’ Heterogeneous Sensitivities to the Business Cycle, and the Cross-Section of Expected Returns," Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics, number WP2006-005, Feb.
• François Gourio & Pierre-Alexandre Noual, 2006, "The Marginal Worker and The Aggregate Elasticity of Labor Supply," Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics, number WP2006-009, Mar.
• Díaz-Giménez, Javier & Pijoan-Mas, Josep, 2006, "Flat Tax Reforms in the US: A Boon for the Income Poor," CEPR Discussion Papers, Centre for Economic Policy Research, number 5812, Sep.
• Bindseil, Ulrich & Nyborg, Kjell G. & Strebulaev, Ilya A., 2005, "Bidding and Performance in Repo Auctions: Evidence from ECB Open Market Operations," Discussion Papers, Norwegian School of Economics, Department of Business and Management Science, number 2005/13, Dec.
• Ravn, Morten, 2006, "The Consumption-Tightness Puzzle," CEPR Discussion Papers, Centre for Economic Policy Research, number 5670, May.
• Item repec:col:001049:002679 is not listed on IDEAS anymore

• Kamil Dybczak, 2006, "Generational Accounts in the Czech Republic," Working Papers, Czech National Bank, Research and Statistics Department, number 2006/2, May.
• Turrini, Alessandro & Buti, Marco & ,, 2006, "From Deficits to Debt and Back: Political Incentives under Numerical Fiscal Rules," CEPR Discussion Papers, Centre for Economic Policy Research, number 5809, Aug.
• Holly, Sean & Pesaran, M. Hashem & Yamagata, Takashi, 2006, "A Spatio-Temporal Model of House Prices in the US," IZA Discussion Papers, IZA Network @ LISER, number 2338, Sep.
• Engel, Charles & Devereux, Michael B, 2006, "Expectations and Exchange Rate Policy," CEPR Discussion Papers, Centre for Economic Policy Research, number 5743, Jul.
• George W. Evans & Bruce McGough, 2006, "Stable Finite-State Markov Sunspots," University of Oregon Economics Department Working Papers, University of Oregon Economics Department, number 2006-13, Oct.
• Doriana Ruffino & Jonathan Treussard, 2006, "A Study of Inaction in Investment Games via the Early Exercise Premium Representation," Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics, number WP2006-040, Jul.
• Bayoumi, Tamim & Sutton, Bennett & Swiston, Andrew J., 2006, "Shocking Aspects of Canadian Labour Markets," CEPR Discussion Papers, Centre for Economic Policy Research, number 5847, Sep.
• Alfredo M. Pereira & Jorge M. Andraz, 2006, "Public Investment in Transportation Infrastructures and Industry Performance in Portugal," Working Papers, Economics Department, William & Mary, number 45, Oct, revised 30 Apr 2007.
• Oecd, 2006, "Should Measures of Fiscal Stance be Adjusted for Terms of Trade Effects?," OECD Economics Department Working Papers, OECD Publishing, number 519, Oct, DOI: 10.1787/416678318453.
• Item repec:ecb:ecbops:20060053 is not listed on IDEAS anymore

• Benati, Luca, 2006, "Drift and Breaks in Labour Productivity," CEPR Discussion Papers, Centre for Economic Policy Research, number 5801, Aug.
• Vladimir Popov, 2006, "Shock Therapy Versus Gradualism Reconsidered: Lessons From Transition Economies After 15 Years Of Reforms," Working Papers, Center for Economic and Financial Research (CEFIR), number w0068, Aug.
• van Hemert, Otto, 2006, "Life-Cycle Housing and Portfolio Choice with Bond Markets," SIFR Research Report Series, Institute for Financial Research, number 44, Sep.
• Campos, Nauro & Horváth, Roman, 2006, "Reform Redux: Measurement, Determinants and Reversals," CEPR Discussion Papers, Centre for Economic Policy Research, number 5673, Jun.
• Campos, Nauro & Hsiao, Cheng & Nugent, Jeffrey B, 2006, "Crises, What Crises?," CEPR Discussion Papers, Centre for Economic Policy Research, number 5805, Aug.
• Hart, Robert A., 2006, "Real Wage Cyclicality of Female Stayers and Movers in Part-Time and Full-Time Jobs," IZA Discussion Papers, IZA Network @ LISER, number 2364, Oct.
• Alexandre B. Cunha, 2006, "Implications of the Modigliani-Miller Theorem for the Study of Exchange Rate Regimes," IBMEC RJ Economics Discussion Papers, Economics Research Group, IBMEC Business School - Rio de Janeiro, number 2006-03, Oct.
• Jungmittag, Andre & Welfens, Paul J. J., 2006, "Telecommunications Dynamics, Output and Employment," IZA Discussion Papers, IZA Network @ LISER, number 2379, Oct.
• Pierre-Guillaume Méon & Laurent Weill, 2006, "Does financial intermediation matter for macroeconomic efficiency?," DULBEA Working Papers, ULB -- Universite Libre de Bruxelles, number 06-13.RS, Oct.
• Modesto, Leonor & Lloyd-Braga, Teresa & Seegmuller, Thomas, 2006, "Tax Rate Variability and Public Spending as Sources of Inderterminacy," CEPR Discussion Papers, Centre for Economic Policy Research, number 5796, Aug.
• Watanabe Watanabe, Makoto, 2006, "Inflation, price competition and consumer search technology," UC3M Working papers. Economics, Universidad Carlos III de Madrid. Departamento de Economía, number we065623, Oct.
• Tavares, José & Cavalcanti, Tiago, 2006, "Women Prefer Larger Governments: Growth, Structural Transformation and Government Size," CEPR Discussion Papers, Centre for Economic Policy Research, number 5667, May.
• Gersbach, Hans & Bell, Clive, 2006, "The Macroeconomics of Targeting: The Case of an Enduring Epidemic," CEPR Discussion Papers, Centre for Economic Policy Research, number 5714, Jun.
• Razin, Assaf & Hale, Galina & Tong, Hui, 2006, "Institutional Weakness and Stock Price Volatility," CEPR Discussion Papers, Centre for Economic Policy Research, number 5651, Apr.

Report NEP-MAC-2006-10-28

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: