Report NEP-MAC-2007-04-21

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

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Other reports in NEP-MAC

The following items were announced in this report:

• Carrillo, Julio A. & Fève, Patrick & Matheron, Julien, 2007. "Monetary Policy Inertia or Persistent Shocks: A DSGE Analysis," IDEI Working Papers 431, Institut d'Économie Industrielle (IDEI), Toulouse.
• Collard, Fabrice & Dellas, Harris, 2006. "Misperceived Money and Inflation Dynamics," IDEI Working Papers 424, Institut d'Économie Industrielle (IDEI), Toulouse.
• Alexandre Lowenkron & Marcio Gomes Pinto Garcia, 2007. "Monetary policy credibility and inflation risk premium: a model with application to Brazilian data," Textos para discussão 543, Department of Economics PUC-Rio (Brazil).
• Mierzejewski, Fernando, 2006. "Liquidity preference as rational behaviour under uncertainty," MPRA Paper 2771, University Library of Munich, Germany.
• Roman Horv??th, 2006. "Real-Time Time-Varying Equilibrium Interest Rates: Evidence on the Czech Republic," William Davidson Institute Working Papers Series wp848, William Davidson Institute at the University of Michigan.
• Edda Claus & Iris Claus, 2007. "Transmitting Shocks To The Economy: The Contribution Of Interest And Exchange Rates And The Credit Channel," CAMA Working Papers 2007-03, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Collard, Fabrice & Fève, Patrick & Matheron, Julien, 2007. "The Dynamic Effects of Disinflation Policies," IDEI Working Papers 426, Institut d'Économie Industrielle (IDEI), Toulouse.
• Yashiv, Eran, 2007. "Labor Search and Matching in Macroeconomics," IZA Discussion Papers 2743, Institute of Labor Economics (IZA).
• Lehmann, Etienne & Van der Linden, Bruno, 2007. "Search Frictions on Product and Labor Markets: Money in the Matching Function," IZA Discussion Papers 2718, Institute of Labor Economics (IZA).
• Ellison, Martin & Carboni, Giacomo, 2007. "Learning and the Great Inflation," CEPR Discussion Papers 6250, C.E.P.R. Discussion Papers.
• Roberto Tamborini, 2007. "Rescuing the LM (and the money market) in a modern Macro course," Department of Economics Working Papers 0706, Department of Economics, University of Trento, Italia.
• Levy, Daniel, 2007. "Price Rigidity and Flexibility: Recent Theoretical Developments," MPRA Paper 2761, University Library of Munich, Germany.
• Carlsson, Mikael & Westermark, Andreas, 2007. "Optimal Monetary Policy under Downward Nominal Wage Rigidity," Working Paper Series 206, Sveriges Riksbank (Central Bank of Sweden).
• Collard, Fabrice & Dellas, Harris, 2006. "Information-Price Updating and Inertia," IDEI Working Papers 425, Institut d'Économie Industrielle (IDEI), Toulouse.
• Flandreau, Marc, 2007. "Pillars of Globalization: A history of monetary policy targets, 1797-1997," CEPR Discussion Papers 6252, C.E.P.R. Discussion Papers.
• Kolver Hernandez, 2006. "State-Dependent Nominal Rigidities & Disinflation Programs in Small Open Economies," Working Papers 06-13, University of Delaware, Department of Economics.
• Christian Broda & David E. Weinstein, 2007. "Product Creation and Destruction: Evidence and Price Implications," NBER Working Papers 13041, National Bureau of Economic Research, Inc.
• Xavier Freixas & José Jorge, 2007. "The role of interbank markets in monetary policy: A model with rationing," Economics Working Papers 1027, Department of Economics and Business, Universitat Pompeu Fabra, revised Apr 2008.
• Balázs Vonnák, 2007. "The Hungarian Monetary Transmission Mechanism: an Assessment," MNB Working Papers 2007/3, Magyar Nemzeti Bank (Central Bank of Hungary).
• Rose, Andrew, 2007. "Checking Out: Exits from Currency Unions," CEPR Discussion Papers 6254, C.E.P.R. Discussion Papers.
• Jan Fil??cek & Roman Horv??th & Michal Skorepa, 2006. "Monetary Policy before Euro Adoption: Challenges for EU New Members," William Davidson Institute Working Papers Series wp853, William Davidson Institute at the University of Michigan.
• Item repec:acb:camaaa:2007-05 is not listed on IDEAS anymore

• George Hondroyiannis & P.A.V.B. Swamy & George S. Tavlas, 2007. "The New Keynesian Phillips Curve and Lagged Inflation: A Case of Spurious Correlation?," Working Papers 57, Bank of Greece.
• Andreas Freytag & Friedrich Schneider, 2007. "Monetary Commitment, Institutional Constraints and Inflation: Empirical Evidence for OECD Countries since the 1970s," Jena Economics Research Papers 2007-002, Friedrich-Schiller-University Jena.
• Weber, Enzo, 2007. "Regional and outward economic integration in South-East Asia," SFB 649 Discussion Papers 2007-019, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
• Fabrizio Coricelli & Bal??zs ??gert & Ronald MacDonald, 2006. "Monetary Transmission Mechanism in Central & Eastern Europe: Gliding on a Wind of Change," William Davidson Institute Working Papers Series wp850, William Davidson Institute at the University of Michigan.
• Levy, Daniel, 2007. "Price Rigidity and Flexibility: New Empirical Evidence," MPRA Paper 2762, University Library of Munich, Germany.
• Kitov, Ivan & Kitov, Oleg & Dolinskaya, Svetlana, 2007. "Relationship between inflation, unemployment and labor force change rate in France: cointegration test," MPRA Paper 2736, University Library of Munich, Germany.
• Bal??zs ??gert & Jesus Crespo-Cuaresma & Thomas Reininger, 2006. "Interest Rate Pass-Through in Central and Eastern Europe: Reborn from Ashes Merely to Pass Away?," William Davidson Institute Working Papers Series wp851, William Davidson Institute at the University of Michigan.
• Kitov, Ivan, 2006. "The Japanese economy," MPRA Paper 2737, University Library of Munich, Germany.
• Bejan, Maria, 2006. "Some Business Cycles Consequences of Signing Trade Agreements: The Case of NAFTA," MPRA Paper 2807, University Library of Munich, Germany.
• Aliprantis, C.D. & Camera, G. & Ruscitti, F., 2007. "Monetary Equilibrium and the Differentiability of the Value Function," Purdue University Economics Working Papers 1199, Purdue University, Department of Economics.
• Kitov, Ivan, 2006. "Real GDP per capita in developed countries," MPRA Paper 2738, University Library of Munich, Germany.
• Ivan, Kitov, 2006. "Exact prediction of inflation in the USA," MPRA Paper 2735, University Library of Munich, Germany.
• Peter Howells, 2007. "On Some Slippery Slopes: Horizontalists, Structuralists and Diagrams," Working Papers 0703, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
• Kilian, Lutz & Edelstein, Paul, 2007. "Retail Energy Prices and Consumer Expenditures," CEPR Discussion Papers 6255, C.E.P.R. Discussion Papers.
• Farley Grubb, 2007. "Benjamin Franklin and the Birth of a Paper Money Economy," Working Papers 07-01, University of Delaware, Department of Economics.
• Kitov, Ivan & Kitov, Oleg & Dolinskaya, Svetlana, 2007. "Inflation as a function of labor force change rate: cointegration test for the USA," MPRA Paper 2734, University Library of Munich, Germany.
• Stuart J. Fowler & Bichaka Fayissa, 2007. "Public Capital Spending Shocks and the Price of Investment: Evidence from a Panel of Countries," Working Papers 200702, Middle Tennessee State University, Department of Economics and Finance.
• Iris Biefang-Frisancho Mariscal & Peter Howells, 2007. "Central bank communication, transparency and interest rate volatility: Evidence from the USA," Working Papers 0704, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
• Jorge Soares, Marina Azzimonti, Pierre-Daniel Sarte & Pierre-Daniel Sarte & Jorge Soares, 2006. "Distortionary Taxes and Public Investment When Government Promises Are Not Enforceable," Working Papers 06-07, University of Delaware, Department of Economics.
• Koskela, Erkki & Stenbacka, Rune, 2007. "Equilibrium Unemployment with Outsourcing and Wage Solidarity Under Labour Market Imperfections," IZA Discussion Papers 2733, Institute of Labor Economics (IZA).
• Belén Nieto & Gonzalo Rubio, 2007. "Measuring time-varying economic fears with consumption-based stochastic discount factors," Economics Working Papers 1029, Department of Economics and Business, Universitat Pompeu Fabra, revised Sep 2007.
• S bastien W lti & Signe Krogstrup, 2006. "Women and budget deficits," Trinity Economics Papers tep0307, Trinity College Dublin, Department of Economics, revised Apr 2007.
• J.G. Hirschberg & J. N. Lye, 2007. "Providing Intuition to the Fieller Method with Two Geometric Representations using STATA and Eviews," Department of Economics - Working Papers Series 992, The University of Melbourne.
• Karanassou, Marika & Snower, Dennis J., 2007. "Characteristics of Unemployment Dynamics. The Chain Reaction Approach," Economics Series 205, Institute for Advanced Studies.
• Kitov, Ivan, 2007. "Modeling the evolution of Gini coefficient for personal incomes in the USA between 1947 and 2005," MPRA Paper 2798, University Library of Munich, Germany.
• Paul Pichler, 2007. "Forecasting with estimated dynamic stochastic general equilibrium models: The role of nonlinearities," Vienna Economics Papers 0702, University of Vienna, Department of Economics.
• Aliprantis, C.D. & Camera, G. & Ruscitti, F., 2007. "Interior Optima and the Inada Conditions," Purdue University Economics Working Papers 1198, Purdue University, Department of Economics.
• Jorge Soares, Marina Azzimonti, Pierre-Daniel Sarte & Pierre-Daniel Sarte & Jorge Soares, 2006. "Optimal Policy and (the Lack of) Time Inconsistency: Insights from Simple Models," Working Papers 06-08, University of Delaware, Department of Economics.
• Schmukler, Sergio & Broner, Fernando & Lorenzoni, Guido, 2007. "Why Do Emerging Economies Borrow Short Term?," CEPR Discussion Papers 6249, C.E.P.R. Discussion Papers.
• John W. Galbraith & Greg Tkacz, 2007. "Forecast Content And Content Horizons For Some Important Macroeconomic Time Series," Departmental Working Papers 2007-01, McGill University, Department of Economics.
• David Stockman & Judy Kennedy & James Yorke, 2006. "Inverse Limits and Models with Backward Dynamics," Working Papers 06-12, University of Delaware, Department of Economics.
• Nikolay Nenovsky & Gergana Mihaylova, 2007. "Dynamics of the Financial Wealth of the Institutional Sectors in Bulgaria: Empirical Studies of the Post-Communist Period," William Davidson Institute Working Papers Series wp864, William Davidson Institute at the University of Michigan.
• Jonathan Chiu & Alexandra Lai, 2007. "Modelling Payments Systems: A Review of the Literature," Staff Working Papers 07-28, Bank of Canada.
• Rao, B. Bhaskara & Sharma, Kanhaiya Lal, 2007. "Testing the permanent income hypothesis in the developing and developed countries: A comparison between Fiji and Australia," MPRA Paper 2725, University Library of Munich, Germany.
• Michele FRATIANNI, 2007. "Borders and the Constraints of Globalization," Working Papers 282, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
• David Stockman & Judy Kennedy, 2006. "Chaotic Equilibria in Models with Ill-Defined Forward Dynamics," Working Papers 06-03, University of Delaware, Department of Economics.
• Kitov, Ivan & Kitov, Oleg & Dolinskaya, Svetlana, 2007. "Modelling real GDP per capita in the USA: cointegration test," MPRA Paper 2739, University Library of Munich, Germany.
• Item repec:acb:camaaa:2007-06 is not listed on IDEAS anymore

• Dean Karlan & Jonathan Zinman, 2007. "Credit Elasticities in Less-Developed Economies: Implications for Microcredit," Working Papers 110, Center for Global Development.
• Martín López, Sonia, 2006. "Las empresas de participación ante el reto de la gestión del cambio demográfico [The companies of participation before the challenge of the management of the demographic change]," MPRA Paper 2666, University Library of Munich, Germany.
• Amable, Bruno & Demmou, Lilas & Gatti, Donatella, 2007. "Employment Performance and Institutions: New Answers to an Old Question," IZA Discussion Papers 2731, Institute of Labor Economics (IZA).
• Jérôme Blanc, 2002. "Invariants et variantes de la souveraineté monétaire : réflexions sur un cadre conceptuel compréhensif," Post-Print halshs-00142162, HAL.
• Item repec:col:001067:002905 is not listed on IDEAS anymore

• Ondřej Schneider, 2007. "The EU Budget Dispute - A Blessing in Disguise?," Working Papers IES 2007/14, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Apr 2007.
• Bal??zs ??gert & Kirsten Lommatzsch & Amina Lahr??che-R??vil, 2007. "Real Exchange Rates in Small Open OECD and Transition Economies: Comparing Apples with Oranges?," William Davidson Institute Working Papers Series wp859, William Davidson Institute at the University of Michigan.
• Nancy Birdsall, 2007. "Do No Harm: Aid, Weak Institutions, and the Missing Middle in Africa," Working Papers 113, Center for Global Development.
• Dean Karlan & Jonathan Zinman, 2007. "Observing Unobservables: Identifying Information Asymmetries with a Consumer Credit Field Report," Working Papers 109, Center for Global Development.
• Salvatore Michele De Marco, 2007. "Exogenous underdevelopment pattern," Quaderni DSEMS 05-2007, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia.
• Rosholm, Michael & Vejlin, Rune Majlund, 2007. "Reducing Income Transfers to Refugee Immigrants: Does Starthelp Help You Start?," IZA Discussion Papers 2720, Institute of Labor Economics (IZA).
• Todd Moss & Vijaya Ramachandran & Scott Standley, 2007. "Why Doesn't Africa Get More Equity Investment? Frontier Stock Markets, Firm Size and Asset Allocations of Global Emerging Market Funds," Working Papers 112, Center for Global Development.