Report NEP-MAC-2010-08-06

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:

• Schmidt, Sandra & Nautz, Dieter, 2010. "Why do financial market experts misperceive future monetary policy decisions?," ZEW Discussion Papers 10-045, ZEW - Leibniz Centre for European Economic Research.
• Nutahara, Kengo, 2010. "Asset prices and monetary policy in a sticky-price economy with financial frictions," MPRA Paper 24113, University Library of Munich, Germany.
• Oleksiy Kryvtsov & Yang Zhang, 2010. "Inventories, Stockouts, and ToTEM," Discussion Papers 10-8, Bank of Canada.
• Kamber, Gunes & Millard, Stephen, 2010. "Using estimated models to assess nominal and real rigidities in the United Kingdom," Bank of England working papers 396, Bank of England.
• Douglas Sutherland, 2010. "Monetary Policy Reaction Functions in the OECD," OECD Economics Department Working Papers 761, OECD Publishing.
• Arby, Muhammad Farooq & Hanif, Muhammad Nadeem, 2010. "Monetary and fiscal policies coordination - Pakistan's experience," MPRA Paper 24160, University Library of Munich, Germany.
• Giorgio Motta & Patrizio Tirelli, 2010. "Money Targeting, Heterogeneous Agents and Dynamic Instability," Working Papers 193, University of Milano-Bicocca, Department of Economics, revised Jul 2010.
• Adam Gersl & Jan Zápal, 2010. "Economic Volatility and Institutional Reforms in Macroeconomic Policymaking: The Case of Fiscal Policy," Working Papers IES 2010/15, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Aug 2010.
• Andrea Vaona, 2010. "Inflation and Growth in the Long Run: A New Keynesian Theory and Further Semiparametric Evidence," Working Papers 09/2010, University of Verona, Department of Economics.
• Gabriela Castro & José R. Maria, 2010. "Fiscal Stimulus in a Small Euro Area Economy," Working Papers w201016, Banco de Portugal, Economics and Research Department.
• Ragna Alstadheim, 2010. "The zero lower bound on the interest rate and a Neo-Classical Phillips curve," Working Paper 2010/13, Norges Bank.
• Marc Lavoie, 2010. "Changes in Central Bank Procedures during the Subprime Crisis and Their Repercussions on Monetary Theory," Economics Working Paper Archive wp_606, Levy Economics Institute.
• Item repec:ris:snbwpa:2010_010 is not listed on IDEAS anymore

• Sean Langcake, 2010. "Inflation Persistence and Labour Market Frictions: An Estimated Efficiency Wage Model of the Australian Economy," School of Economics and Public Policy Working Papers 2010-15, University of Adelaide, School of Economics and Public Policy.
• Federico RAVENNA & Carl E. WALSH, 2010. "The Welfare Consequences of Monetary Policy and the Role of the Labor Market: a Tax Interpretation," Cahiers de recherche 10-01, HEC Montréal, Institut d'économie appliquée.
• Angelo Melino & Michael Parkin, 2010. "Greater Transparency Needed," e-briefs 102, C.D. Howe Institute.
• Liu, Philip & Mumtaz, Haroon, 2010. "Evolving macroeconomic dynamics in a small open economy: an estimated Markov-switching DSGE model for the United Kingdom," Bank of England working papers 397, Bank of England.
• Charlotte Moeser, 2010. "Israel: Monetary and Fiscal Policy," OECD Economics Department Working Papers 783, OECD Publishing.
• Sami Alpanda & Uluc Aysun, 2010. "Bank globalization and the balance sheet channel of monetary transmission," Working papers 2010-20, University of Connecticut, Department of Economics.
• Galí, Jordi & van Rens, Thijs, 2010. "The Vanishing Procyclicality of Labor Productivity," IZA Discussion Papers 5099, Institute of Labor Economics (IZA).
• Makoto Minegishi & Boris Cournède, 2010. "Monetary Policy Responses to the Crisis and Exit Strategies," OECD Economics Department Working Papers 753, OECD Publishing.
• Douglas Sutherland & Peter Hoeller & Balázs Égert & Oliver Röhn, 2010. "Counter-cyclical Economic Policy," OECD Economics Department Working Papers 760, OECD Publishing.
• Pastore, Francesco, 2010. "Assessing the Impact of Incomes Policy: The Italian Experience," IZA Discussion Papers 5082, Institute of Labor Economics (IZA).
• Gabriel Porcile & Alexandre C. Gomes de Souza & Ricardo Viana, 2010. "External debt sustainability under different policy rules," Working Papers 0105, Universidade Federal do Paraná, Department of Economics.
• Klaus Adam, 2010. "Optimal Monetary and Fiscal Stabilisation Policies," OECD Economics Department Working Papers 765, OECD Publishing.
• Balázs Égert, 2010. "Catching-up and Inflation in Europe: Balassa-Samuelson, Engel's Law and Other Culprits," OECD Economics Department Working Papers 792, OECD Publishing.
• John B. Taylor, 2010. "Does the Crisis Experience Call for a New Paradigm in Monetary Policy?," CASE Network Studies and Analyses 402, CASE-Center for Social and Economic Research.
• Balázs Égert, 2010. "Fiscal Policy Reaction to the Cycle in the OECD: Pro- or Counter-cyclical?," OECD Economics Department Working Papers 763, OECD Publishing.
• Ignazio Angeloni, 2009. "A Tale of Two Policies: Prudential Regulation and Monetary Policy with Fragile Banks," Working Papers 361, Bruegel.
• Uluc Aysun & Melanie Guldi & Ralf Hepp, 2010. "Securitization and the balance sheet channel of monetary transmission," Working papers 2010-18, University of Connecticut, Department of Economics.
• Philippe Bergevin & Colin Busby, 2010. "The Loonie’s Flirtation with Parity: Prospects and Policy Implications," e-briefs 101, C.D. Howe Institute.
• Mark Weder, 2010. "Economic Crisis and Economic Theory," CDMA Working Paper Series 201013, Centre for Dynamic Macroeconomic Analysis.
• Rafal Kierzenkowski, 2010. "Preparing for Euro Adoption in Poland," OECD Economics Department Working Papers 790, OECD Publishing.
• Rodousakis, Nikolaos, 2010. "Testing Goodwin’s Growth Cycle Disaggregated Models: Evidence from the Input-Output Table of the Greek Economy for the Year 1988," MPRA Paper 24171, University Library of Munich, Germany.
• Andrea Vaona & Guido Ascari, 2010. "Regional Inflation Persistence: Evidence from Italy," Working Papers 04/2010, University of Verona, Department of Economics.
• F. Gerard Adams & Byron Gangnes, 2010. "Why Hasn’t the US Economic Stimulus Been More Effective? The Debate on Tax and Expenditure Multipliers," Working Papers 201010, University of Hawaii at Manoa, Department of Economics.
• Luís Aguiar-Conraria & Manuel M. F. Martins & Maria Joana Soares, 2010. "The yield curve and the macro-economy across time and frequencies," CEF.UP Working Papers 1004, Universidade do Porto, Faculdade de Economia do Porto.
• Luís Francisco Aguiar & Manuel M. F. Martins & Maria Joana Soares, 2010. "The yield curve and the macro-economy across time and frequencies," NIPE Working Papers 21/2010, NIPE - Universidade do Minho.
• Kolasa, Marcin, 2010. "Real convergence and its illusions," Working Paper Series 1231, European Central Bank.
• Paul McCulley, 2010. "Global Central Bank Focus: Facts on the Ground," Economics Policy Note Archive 10-02, Levy Economics Institute.
• Karl Aiginger, 2010. "Post Crisis Policy: Some Reflections of a Keynesian Economist," WIFO Working Papers 371, WIFO.
• Ramkishen S. Rajan & Tony Cavoli, 2010. "Exchange Rate Arrangements For East Asia Post-Crisis: Examining The Case For Open Economy Inflation Targeting," Working Papers id:2718, eSocialSciences.
• Bernardino Adão & Pedro Teles, 2010. "Short and Long Interest Rate Targets," Working Papers w201015, Banco de Portugal, Economics and Research Department.
• Tomohiro Hirano & Noriyuki Yanagawa, 2010. "Asset Bubbles, Endogenous Growth, and Financial Frictions," CIRJE F-Series CIRJE-F-752, CIRJE, Faculty of Economics, University of Tokyo.
• Boris Cournède, 2010. "Gauging the Impact of Higher Capital and Oil Costs on Potential Output," OECD Economics Department Working Papers 789, OECD Publishing.
• Karanassou, Marika & Sala, Hector, 2010. "The Wage-Productivity Gap Revisited: Is the Labour Share Neutral to Employment?," IZA Discussion Papers 5092, Institute of Labor Economics (IZA).
• Hansjörg Blöchliger & Claire Charbit & José Maria Pinero Campos & Camila Vammalle, 2010. "Sub-central Governments and the Economic Crisis: Impact and Policy Responses," OECD Economics Department Working Papers 752, OECD Publishing.
• Margit Molnar, 2010. "Enhancing Financial Stability Through Better Regulation in Hungary," OECD Economics Department Working Papers 786, OECD Publishing.
• Ordóñez, Javier & Sala, Hector & Silva, José I., 2010. "Oil Price Shocks and Labor Market Fluctuations," IZA Discussion Papers 5096, Institute of Labor Economics (IZA).
• Javier Ordóñez & Hector Sala & José I. Silva, 2010. "Oil price shocks and labor market fluctuations," Working Papers wpdea1005, Department of Applied Economics at Universitat Autonoma of Barcelona.
• Antonella Stirati, 2010. "Changes in Functional Income Distribution in Italy and Europe," Departmental Working Papers of Economics - University 'Roma Tre' 0119, Department of Economics - University Roma Tre.
• Robert Price, 2010. "The Political Economy of Fiscal Consolidation," OECD Economics Department Working Papers 776, OECD Publishing.
• Stolz, Stéphanie Marie & Wedow, Michael, 2010. "Extraordinary measures in extraordinary times: Public measures in support of the financial sector in the EU and the United States," Discussion Paper Series 1: Economic Studies 2010,13, Deutsche Bundesbank.
• E. Philip Davis, 2010. "Asset Prices and Real Economic Activity," OECD Economics Department Working Papers 764, OECD Publishing.
• Nikolov, Pavel, 2010. "Procyclical Effects of the banking System during the financial and economic Crisis 2007-2009: the Case of Europe," MPRA Paper 24126, University Library of Munich, Germany, revised 27 Jul 2010.
• Karine Hervé & Nigel Pain & Pete Richardson & Franck Sédillot & Pierre-Olivier Beffy, 2010. "The OECD's New Global Model," OECD Economics Department Working Papers 768, OECD Publishing.
• Oecd, 2010. "Labour markets and the crisis," OECD Economics Department Working Papers 756, OECD Publishing.
• Emanuella Enenajor & Alex Sebastian & Jonathan Witmer, 2010. "An Assessment of the Bank of Canada's Term PRA Facility," Staff Working Papers 10-20, Bank of Canada.
• Timo Henckel & Gordon Menzies & Daniel Zizzo, 2010. "Inferential Expectations and the Missing Middle of Price Changes," University of East Anglia Applied and Financial Economics Working Paper Series 008, School of Economics, University of East Anglia, Norwich, UK..
• Abidin, Mahani Zainal, 2010. "Fiscal Policy Coordination in Asia: East Asian Infrastructure Investment Fund," ADBI Working Papers 232, Asian Development Bank Institute.
• Punabantu, Siize, 2010. "Financing the doubling of GDP in one year at constant price," MPRA Paper 24132, University Library of Munich, Germany.
• Farvaque, Etienne, 2010. "Back to the roots: On the origins of the Fed's independence," MPRA Paper 24199, University Library of Munich, Germany.
• Ohr, Renate & Zeddies, Götz, 2010. ""Geschäftsmodell Deutschland" und außenwirtschaftliche Ungleichgewichte in der EU," University of Göttingen Working Papers in Economics 110, University of Goettingen, Department of Economics.
• Benazzo, Piero, 2010. "Equity Criteria as Instrument to Ensure Sustainability of Pareto or Kaldor-Hicks Efficiency: A Correlation Hidden by Sources of Confounding as Key for Sorting Out the Global Economic Crisis," MPRA Paper 23678, University Library of Munich, Germany.
• Ugo FRATESI, 2010. "The National and International Effects;of Regional Policy Choices: Agglomeration Economies, Peripherality and Territorial Characteristics," Working Papers 344, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.