Report NEP-MAC-2006-11-25

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:

• M.S.Rafiq, 2006, "Great Ratios, Balanced Growth and Stochastic Trends: Evidence for the Euro Area," Discussion Paper Series, Department of Economics, Loughborough University, number 2006_20, Nov.
• Giuseppe Fontana, 2006, "The "New Consensus" View of Monetary Policy: A New Wicksellian Connection?," Economics Working Paper Archive, Levy Economics Institute, number wp_476, Oct.
• Item repec:imf:imfwpa:06/200 is not listed on IDEAS anymore

• Item repec:imf:imfwpa:06/248 is not listed on IDEAS anymore

• John C. Williams, 2006, "Monetary policy in a low inflation economy with learning," Working Paper Series, Federal Reserve Bank of San Francisco, number 2006-30.
• Horvath, Roman, 2006, "Real-Time Time-Varying Equilibrium Interest Rates: Evidence on the Czech Republic," MPRA Paper, University Library of Munich, Germany, number 845, Oct.
• Peter Funk & Bettina Kromen, 2006, "Short-term price rigidity in an endogenous growth model: Non-Superneutrality and a non-vertical long-term Phillips-curve," Working Paper Series in Economics, University of Cologne, Department of Economics, number 29, Nov.
• Item repec:imf:imfwpa:06/216 is not listed on IDEAS anymore

• Jean-Philippe Cayen & Amy Corbett & Patrick Perrier, 2006, "An Optimized Monetary Policy Rule for ToTEM," Staff Working Papers, Bank of Canada, number 06-41, DOI: 10.34989/swp-2006-41.
• Item repec:imf:imfwpa:06/175 is not listed on IDEAS anymore

• Item repec:imf:imfwpa:06/246 is not listed on IDEAS anymore

• Glenn D. Rudebusch & John C. Williams, 2006, "Revealing the secrets of the temple: the value of publishing central bank interest rate projections," Working Paper Series, Federal Reserve Bank of San Francisco, number 2006-31.
• Martin, Chris & Milas, Costas, 2006, "Testing the Opportunistic Approach to Monetary Policy," MPRA Paper, University Library of Munich, Germany, number 849, Oct.
• Vitek, Francis, 2006, "Monetary Policy Analysis in a Closed Economy: A Dynamic Stochastic General Equilibrium Approach," MPRA Paper, University Library of Munich, Germany, number 797, Mar.
• Vitek, Francis, 2006, "Measuring the Stance of Monetary Policy in a Closed Economy: A Dynamic Stochastic General Equilibrium Approach," MPRA Paper, University Library of Munich, Germany, number 801, Jun.
• Item repec:imf:imfwpa:06/197 is not listed on IDEAS anymore

• Item repec:imf:imfwpa:06/184 is not listed on IDEAS anymore

• Rudiger Ahrend & Pietro Catte & Robert Price, 2006, "Interactions Between Monetary and Fiscal Policy: How Monetary Conditions Affect Fiscal Consolidation," OECD Economics Department Working Papers, OECD Publishing, number 521, Nov, DOI: 10.1787/414663503428.
• Michel Normandin, 2006, "The Effects of Monetary-Policy Shocks on Real Wages: A Multi-Country Investigation The Effects of Monetary-Policy Shocks on Real Wages: A Multi-Country Investigationv," Cahiers de recherche, HEC Montréal, Institut d'économie appliquée, number 06-04, Apr.
• Fidrmuc, Jarko, 2006, "Money Demand and Disinflation in Selected CEECs during the Accession to the EU," Discussion Papers in Economics, University of Munich, Department of Economics, number 1232, Oct.
• António Afonso & Peter Claeys, 2006, "The dynamic behaviour of budget components and output – the cases of France, Germany, Portugal, and Spain," Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa, number 2006/26.
• Vitek, Francis, 2006, "Monetary Policy Analysis in a Small Open Economy: A Dynamic Stochastic General Equilibrium Approach," MPRA Paper, University Library of Munich, Germany, number 800, Mar.
• Stéphane Mussard & Bernard Philippe, 2006, "Okun’s Law, Creation of Money and the Decomposition of the Rate of Unemployment," Cahiers de recherche, Departement d'économique de l'École de gestion à l'Université de Sherbrooke, number 06-20.
• Christopher Martin & Costas Milas, 2005, "The Response of Monetary Policy to Uncertainty: Theory and Empirical Evidence for the US," Keele Economics Research Papers, Centre for Economic Research, Keele University, number KERP 2006/15, Jul, revised Aug 2006.
• Vitek, Francis, 2006, "Measuring the Stance of Monetary Policy in a Small Open Economy: A Dynamic Stochastic General Equilibrium Approach," MPRA Paper, University Library of Munich, Germany, number 802, Jun.
• Reschreiter, Andreas, 2006, "Indexed Bonds and Revisions of Inflation Expectations," Economics Series, Institute for Advanced Studies, number 199, Nov.
• Roberts, John M, 2006, "Monetary Policy and Inflation Dynamics," MPRA Paper, University Library of Munich, Germany, number 812, Jul.
• Gauti B. Eggertsson, 2006, "Was the New Deal contractionary?," Staff Reports, Federal Reserve Bank of New York, number 264.
• Laurence M. Ball, 2006, "Has Globalization Changed Inflation?," NBER Working Papers, National Bureau of Economic Research, Inc, number 12687, Nov.
• Camille Cornand & Romain Baeriswyl, 2006, "Monetary Policy and its Informative Value," FMG Discussion Papers, Financial Markets Group, number dp569, Jul.
• Michel Normandin & Bruno Powo Fosso, 2005, "Global versus Country-Specific Shocks and International Business Cycles," Cahiers de recherche, HEC Montréal, Institut d'économie appliquée, number 05-07, Dec.
• Baba, Naohiko & Nakashima, Motoharu & Shigemi, Yosuke & Ueda, Kazuo, 2005, "The Bank of Japan's Monetary Policy and Bank Risk Premiums in the Money Market," MPRA Paper, University Library of Munich, Germany, number 816, Oct.
• Rzigui, Lotfi, 2005, "Source of Output dynamics in USA vs. Great Britain: supply, demand or nominal shocks," MPRA Paper, University Library of Munich, Germany, number 631, Dec, revised 20 Oct 2006.
• T. Dhont & F. Heylen, 2006, "Employment and growth in Europe and the US - The role of fiscal policy composition," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium, Ghent University, Faculty of Economics and Business Administration, number 06/420, Nov.
• Item repec:kie:kieliw:1303 is not listed on IDEAS anymore

• Milani, Fabio, 2006, "A Bayesian DSGE Model with Infinite-Horizon Learning: Do "Mechanical" Sources of Persistence Become Superfluous?," MPRA Paper, University Library of Munich, Germany, number 809, Jun.
• Item repec:pra:mprapa:903 is not listed on IDEAS anymore

• Item repec:imf:imfwpa:06/211 is not listed on IDEAS anymore

• Lawrence J. Christiano & Joshua M. Davis, 2006, "Two flaws in business cycle dating," Working Papers (Old Series), Federal Reserve Bank of Cleveland, number 0612, DOI: 10.26509/frbc-wp-200612.
• William A. Branch & John B. Carlson & George W. Evans & Bruce McGough, 2006, "Adaptive learning, endogenous inattention, and changes in monetary policy," Working Papers (Old Series), Federal Reserve Bank of Cleveland, number 0610, DOI: 10.26509/frbc-wp-200610.
• Douglas Laxton & Papa N'Diaye & Paolo Pesenti, 2006, "Deflationary Shocks and Monetary Rules: an Open-Economy Scenario Analysis," NBER Working Papers, National Bureau of Economic Research, Inc, number 12703, Nov.
• Alfonso Palacio-Vera, 2006, "On Lower-bound Traps: A Framework for the Analysis of Monetary Policy in the ÒAgeÓ of Central Banks," Economics Working Paper Archive, Levy Economics Institute, number wp_478, Nov.
• Adalid, Ramon & Coenen, Gunter & McAdam, Peter & Siviero, Stefano, 2005, "The Performance and Robustness of Interest-Rate Rules in Models of the Euro Area," MPRA Paper, University Library of Munich, Germany, number 821, Feb.
• Evans, Martin D, 2005, "Where Are We Now? Real-Time Estimates of the Macroeconomy," MPRA Paper, University Library of Munich, Germany, number 831, Mar.
• Hiroshi Fujiki & Howard J. Wall, 2006, "Controlling for geographic dispersion when estimating the Japanese Phillips curve," Working Papers, Federal Reserve Bank of St. Louis, number 2006-057, DOI: 10.20955/wp.2006.057.
• Ram Sharan Kharel & Christopher Martin & Costas Milas, 2006, "The Complex Response of Monetary Policy to the Exchange Rate," Keele Economics Research Papers, Centre for Economic Research, Keele University, number KERP 2006/17, Sep.
• Monique Florenzano & Stella Kanellopoulou & Yannis Vailakis, 2006, "Equilibrium of incomplete markets with money and intermediate banking system," Cahiers de la Maison des Sciences Economiques, Université Panthéon-Sorbonne (Paris 1), number b06068, Nov.
• Lawrence J. Christiano & Joshua M. Davis, 2006, "Two flaws in business cycle accounting," Working Paper Series, Federal Reserve Bank of Chicago, number WP-06-10.
• Paul van den Noord & Boris Cournède, 2006, "Short-Term Pain for Long-Term Gain: The Impact of Structural Reform on Fiscal of Outcomes in EMU," OECD Economics Department Working Papers, OECD Publishing, number 522, Nov, DOI: 10.1787/412188318674.
• Andrew K. Rose, 2006, "A Stable International Monetary System Emerges: Inflation Targeting is Bretton Woods, Reversed," NBER Working Papers, National Bureau of Economic Research, Inc, number 12711, Nov.
• Item repec:imf:imfwpa:06/253 is not listed on IDEAS anymore

• Fuhrer, Jeffrey, 2006, "Intrinsic and Inherited Inflation Persistence," MPRA Paper, University Library of Munich, Germany, number 805, Jun.
• Preston, Bruce, 2005, "Learning about Monetary Policy Rules when Long-Horizon Expectations Matter," MPRA Paper, University Library of Munich, Germany, number 830, Nov.
• Rzigui, Lotfi, 2005, "External shocks and economic fluctuations: evidence from Tunisia," MPRA Paper, University Library of Munich, Germany, number 630, Jun, revised Dec 2005.
• Carpenter, Seth & Demiralp, Selva, 2006, "Anticipation of Monetary Policy and Open Market Operations," MPRA Paper, University Library of Munich, Germany, number 704, Mar.
• Gurkaynak, Refet S & Sack, Brian & Swanson, Eric T, 2005, "Do Actions Speak Louder Than Words? The Response of Asset Prices to Monetary Policy Actions and Statements," MPRA Paper, University Library of Munich, Germany, number 820, Feb.
• Jess Benhabib & Mark M. Spiegel, 2006, "Moderate inflation and the deflation-depression link," Working Paper Series, Federal Reserve Bank of San Francisco, number 2006-32.
• Item repec:mis:wpaper:20051101 is not listed on IDEAS anymore

• Michel Normandin, 2006, "Fiscal Policies, External Deficits, and Budget Deficits," Cahiers de recherche, HEC Montréal, Institut d'économie appliquée, number 06-05, May.
• Karanassou, Marika & Sala, Hector & Salvador, Pablo F., 2006, "The (Ir)relevance of the NRU for Policy Making: The Case of Denmark," IZA Discussion Papers, Institute of Labor Economics (IZA), number 2397, Oct.
• Elisabet Ruiz Dotras & Hortensia Fontanals Albiol & Catalina Bolance Losilla, 2006, "Term Structure of Interest Rates. European Financial Integration," Working Papers in Economics, Universitat de Barcelona. Espai de Recerca en Economia, number 163.
• Ruthira Naraidoo & Patrick Minford & Ioannis A. Venetis, 2006, "The political economy of unemployment and threshold effects. A nonlinear time series approach," Keele Economics Research Papers, Centre for Economic Research, Keele University, number KERP 2006/21, Oct.
• Brzoza-Brzezina, Michal & Socha, Jacek, 2006, "Downward nominal wage rigidity in Poland," MPRA Paper, University Library of Munich, Germany, number 843, May, revised Nov 2006.
• Michael D. Bordo & Joseph G. Haubrich, 2006, "Forecasting with the yield curve; level, slope, and output 1875-1997," Working Papers (Old Series), Federal Reserve Bank of Cleveland, number 0611, DOI: 10.26509/frbc-wp-200611.
• Federico S. Mandelman, 2006, "Business cycles and monetary regimes in emerging economies: a role for a monopolistic banking sector," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2006-17.
• Marta Gomez Puig, 2005, "Monetary Integration and the Cost of Borrowing," Working Papers in Economics, Universitat de Barcelona. Espai de Recerca en Economia, number 134.
• Sbordone, Argia M, 2006, "U.S. Wage and Price Dynamics: A Limited-Information Approach," MPRA Paper, University Library of Munich, Germany, number 811, Jul.
• M. Ali Choudhary & Vasco J. Gabriel, 2006, "Mind the Gap: A Comment on Aggregate Productivity and Technology," School of Economics Discussion Papers, School of Economics, University of Surrey, number 1306, Aug.
• Item repec:imf:imfwpa:06/193 is not listed on IDEAS anymore

• Fernando Sanchez Losada & Daniel Cardona, 2005, "The Unemployment Benefit System: a Redistributive or an Insurance Institution?," Working Papers in Economics, Universitat de Barcelona. Espai de Recerca en Economia, number 129.
• Item repec:imf:imfwpa:06/252 is not listed on IDEAS anymore

• Dean Croushore, 2006, "An evaluation of inflation forecasts from surveys using real-time data," Working Papers, Federal Reserve Bank of Philadelphia, number 06-19.
• Todd E. Clark & Michael W. McCracken, 2006, "Averaging forecasts from VARs with uncertain instabilities," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 06-12.
• Item repec:imf:imfwpa:06/244 is not listed on IDEAS anymore

• Gadea, Maria & Mayoral, Laura, 2005, "The Persistence of Inflation in OECD Countries: A Fractionally Integrated Approach," MPRA Paper, University Library of Munich, Germany, number 815, Dec.
• Korkut A. Erturk, 2006, "On the Minskyan Business Cycle," Economics Working Paper Archive, Levy Economics Institute, number wp_474, Aug.
• Oleksandr Talavera & Andriy Tsapin & Oleksandr Zholud, 2006, "Macroeconomic Uncertainty and Bank Lending: The Case of Ukraine," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 637.
• Item repec:imf:imfwpa:06/233 is not listed on IDEAS anymore

• Andrew Figura, 2006, "Why are plant deaths countercyclical: reallocation timing or fragility?," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2006-31.
• Lawrence J. Christiano & Martin S. Eichenbaum & Robert J. Vigfusson, 2006, "Assessing structural VARs," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 866.
• Item repec:sls:resrep:0601 is not listed on IDEAS anymore

• Alessandra Fogli & Fabrizio Perri, 2006, "The "Great Moderation" and the US External Imbalance," NBER Working Papers, National Bureau of Economic Research, Inc, number 12708, Nov.
• Item repec:imf:imfwpa:06/212 is not listed on IDEAS anymore

• Michel Normandin & Martin Boileau, 2005, "Closing International Real Business Cycle Models with Restricted Financial Markets," Cahiers de recherche, HEC Montréal, Institut d'économie appliquée, number 05-03, Mar.
• Gabriella Legrenzi & Costas Milas, 2006, "Asymmetric and Non-Linear Adjustments in Local Fiscal Policy," Keele Economics Research Papers, Centre for Economic Research, Keele University, number KERP 2006/16, Aug.
• Péter Benczúr & István Kónya, 2006, "Nominal growth of a small open economy," CERS-IE WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies, number 0609, Aug, revised 30 Aug 2006.
• Masanao Aoki, 2006, "Patterns of Non-exponential Growth of Macroeconomic Models: Two-parameter Poisson-Dirichlet Models," CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo, number CIRJE-F-449, Nov.
• Item repec:imf:imfwpa:06/219 is not listed on IDEAS anymore

• Peter Blair Henry, 2006, "Capital Account Liberalization: Theory, Evidence, and Speculation," NBER Working Papers, National Bureau of Economic Research, Inc, number 12698, Nov.
• Item repec:imf:imfwpa:06/191 is not listed on IDEAS anymore

• Hongbin Li & Junsen Zhang & Jie Zhang, , "Effects of longevity and dependency rates on saving and growth: Evidence from a panel of cross countries," MRG Discussion Paper Series, School of Economics, University of Queensland, Australia, number 1106.
• David Cook & Hiromi Nosaka, 2005, "Dual labor markets and business cycles," Working Paper Series, Federal Reserve Bank of San Francisco, number 2006-36.
• Marco Del Negro & Frank Schorfheide, 2006, "Forming priors for DSGE models (and how it affects the assessment of nominal rigidities)," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2006-16.
• Yasuyuki Sawada & Jeong-Joon Lee, 2006, "The Degree of Precautionary Saving: A Reexamination," CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo, number CIRJE-F-448, Nov.
• Nicolas Million, 2006, "Changements de régime pour la persistance et la dynamique du taux d'intérêt réel américain," Cahiers de la Maison des Sciences Economiques, Université Panthéon-Sorbonne (Paris 1), number v06067, Oct.
• Michael B. Devereux & Amartya Lahiri & Ke Pang, 2006, "Global current account adjustment: a decomposition," Working Paper Series, Federal Reserve Bank of San Francisco, number 2006-40.
• Tetsuji Okazaki, 2006, "Micro-aspects of Monetary Policy: Lender of Last Resort and Selection of Banks in Pre-war Japan," CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo, number CIRJE-F-447, Nov.
• Eva Rytter Sunesen, 2006, "Measuring Idiosyncratic Risk: Implications for Capital Flows," Discussion Papers, University of Copenhagen. Department of Economics, number 06-20, Oct.
• MUSSARD Stéphane & PHILIPPE Bernard, 2006, "De la relation épargne/investissement à l'évolution du taux de chômage," IRISS Working Paper Series, IRISS at CEPS/INSTEAD, number 2006-05, Nov.
• Stéphane Mussard & Bernard Philippe, 2006, "De la relation épargne/investissement à l’évolution du taux de chômage," Cahiers de recherche, Departement d'économique de l'École de gestion à l'Université de Sherbrooke, number 06-19.
• Hamid Faruqee & Douglas Laxton & Dirk Muir & Paolo Pesenti, 2006, "Would Protectionism Defuse Global Imbalances and Spur Economic Activity? A Scenario Analysis," NBER Working Papers, National Bureau of Economic Research, Inc, number 12704, Nov.
• Bell, Clive & Gersbach, Hans, 2006, "The Macroeconomics of Targeting: The Case of an Enduring Epidemic," IZA Discussion Papers, Institute of Labor Economics (IZA), number 2393, Oct.
• Huffman, Wallace, 2006, "Understanding Post-War Changes in U.S. Household Production: A Full-Income Demand-System Perspective," Staff General Research Papers Archive, Iowa State University, Department of Economics, number 12696, Nov.
• Shripad Tuljapurkar, 2006, "Population Forecasts, Fiscal Policy, and Risk," Economics Working Paper Archive, Levy Economics Institute, number wp_471, Aug.
• Item repec:kas:wpaper:2006-89 is not listed on IDEAS anymore

• Erceg, Christopher & Guerriei, Luca & Gust, Christopher, 2006, "SIGMA: A New Open Economy Model for Policy Analysis," MPRA Paper, University Library of Munich, Germany, number 813, Jan.

Report NEP-MAC-2006-11-25

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: