Report NEP-MAC-2013-11-16

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:

• Harashima, Taiji, 2013, "The Phillips Curve and a Micro-foundation of Trend Inflation," MPRA Paper, University Library of Munich, Germany, number 51305, Nov.
• John Keating & Andrew Lee Smith, 2013, "Determinacy and Indeterminacy in Monetary Policy Rules with Money," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS, University of Kansas, Department of Economics, number 201310, Oct.
• Dominik Menno & Tommaso Oliviero, 2013, "Financial Intermediation, House Prices, and the Distributive Effects of the U.S. Great Recession," Economics Working Papers, European University Institute, number ECO2013/05.
• Munechika Katayama & Kwang Hwan Kim, 2013, "The Delayed Effects of Monetary Shocks in a Two-sector New Keynesian Model," Discussion papers, Graduate School of Economics Project Center, Kyoto University, number e-13-003, Aug.
• Christian Baker & Richard W. Evans, 2013, "Optimal State-dependent Monetary Policy Rules," BYU Macroeconomics and Computational Laboratory Working Paper Series, Brigham Young University, Department of Economics, BYU Macroeconomics and Computational Laboratory, number 2013-04, Oct.
• Dumitriu, Ramona & Stefanescu, Răzvan, 2013, "Decizii strategice ale politicii monetare
  [Strategic decisions of the Monetary Policy]," MPRA Paper, University Library of Munich, Germany, number 51242, Nov, revised 05 Nov 2013.
• Dumitriu, Ramona & Stefanescu, Razvan, 2013, "Provocările politicii monetare
  [Monetary policy challenges]," MPRA Paper, University Library of Munich, Germany, number 50261, Sep, revised 28 Sep 2013.
• Kolasa, Marcin & Brzoza-Brzezina, Michał & Makarski, Krzysztof, 2013, "Macroprudential policy instruments and economic imbalances in the euro area," Working Paper Series, European Central Bank, number 1589, Sep.
• Kim, Chang-Jin & Manopimoke, Pym & Nelson, Charles, 2013, "Trend Inflation and the Nature of Structural Breaks in the New Keynesian Phillips Curve," MPRA Paper, University Library of Munich, Germany, number 51356, Feb.
• Andrew K. Rose, 2013, "Surprising Similarities: Recent Monetary Regimes of Small Economies," NBER Working Papers, National Bureau of Economic Research, Inc, number 19632, Nov.
• Item repec:dau:papers:123456789/11718 is not listed on IDEAS anymore

• F. Gulcin Ozkan & D. Filiz Unsal, 2013, "On the use of monetary and macroprudential policies for financial stability in emerging markets," Discussion Papers, Department of Economics, University of York, number 13/14, Nov.
• Item repec:rwi:repape:0447 is not listed on IDEAS anymore

• Jakub Mateju, 2013, "Explaining the Strength and the Efficiency of Monetary Policy Transmission: A Panel of Impulse Responses from a Time-Varying Parameter Model," Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, number 2013/18, Nov, revised Nov 2013.
• Eric Tymoigne & L. Randall Wray, 2013, "Modern Money Theory 101: A Reply to Critics," Economics Working Paper Archive, Levy Economics Institute, number wp_778, Nov.
• Nancy L. Stokey, 2013, "Wait-and-See: Investment Options under Policy Uncertainty," NBER Working Papers, National Bureau of Economic Research, Inc, number 19630, Nov.
• Punnoose Jacob, 2013, "Deep habits, price rigidities and the consumption response to Government spending," Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand, number DP2013/03, Jan.
• Andrew Lee Smith, 2013, "House Prices, Heterogeneous Banks and Unconventional Monetary Policy Options," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS, University of Kansas, Department of Economics, number 201311, Nov.
• L. Randall Wray & Yolanda Fernandez Lommen, 2013, "Monetary and Fiscal Operations in the People’s Republic of China: An Alternative View of the Options Available," ADB Economics Working Paper Series, Asian Development Bank, number 380, Oct.
• Régis Barnichon & Andrew Figura, 2010, "Labor market heterogeneity and the aggregate matching function," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1395, Oct, revised Sep 2013.
• Popov, Alexander, 2013, "Monetary policy, bank capital and credit supply: a role for discouraged and informally rejected firms," Working Paper Series, European Central Bank, number 1593, Sep.
• Franck Portier & Paul Beaudry, 2013, "Understanding Non-Inflationary Demand Driven Business Cycles," 2013 Meeting Papers, Society for Economic Dynamics, number 434.
• Michael J. Lamla & Lena Draeger & Damjan Pfajfar, 2013, "Are Consumer Expectations Theory-Consistent? The Role of Macroeconomic Determinants and Central Bank Communication," KOF Working papers, KOF Swiss Economic Institute, ETH Zurich, number 13-345, Nov, DOI: 10.3929/ethz-a-009996520.
• Pedro Miguel Soares Brinca, 2013, "Distortions in the Neoclassical Growth Model: A Cross Country Analysis," 2013 Papers, Job Market Papers, number pbr150, Nov.
• Item repec:aei:rpaper:39412 is not listed on IDEAS anymore

• Reinhart, Carmen, 2013, "Goodbye Inflation Targeting, Hello Fear of Floating? Latin America after the Global Financial Crisis," MPRA Paper, University Library of Munich, Germany, number 51282, Apr.
• Kang, Wensheng & Lee, Kiseok & Ratti, Ronald A., 2013, "Economic Policy Uncertainty and Firm-Level Investment," MPRA Paper, University Library of Munich, Germany, number 51277, Oct.
• Marc Pourroy, 2013, "Inflation-Targeting and Foreign Exchange Interventions in Emerging Economies," Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, number 13074, Oct.
• Martha López & Fernando TenjO & Héctor Zárate, 2013, "Credit Cycles, Credit Risk and Countercyclical Loan Provisions," Borradores de Economia, Banco de la Republica de Colombia, number 788, Nov, DOI: 10.32468/be.788.
• Qichun He & Heng-fu Zou, 2013, "Creative Destruction with Credit Inflation," CEMA Working Papers, China Economics and Management Academy, Central University of Finance and Economics, number 591, Aug.
• Teles, Pedro & Uhlig, Harald, 2013, "Is quantity theory still alive?," Working Paper Series, European Central Bank, number 1605, Nov.
• Giovanni Bernardo & Emanuele Campiglio, 2013, "A Simple Model of Income, Aggregate Demand, and the Process of Credit Creation by Private Banks," Economics Working Paper Archive, Levy Economics Institute, number wp_777, Oct.
• Emmanuel Carré & Jézabel Couppey-Soubeyran & Dominique Plihon & Marc Pourroy, 2013, "Central Banking after the Crisis: Brave New World or Back to the Future?," Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, number 13073, Oct.
• Item repec:iwh:dispap:14-13 is not listed on IDEAS anymore

• Item repec:dau:papers:123456789/11719 is not listed on IDEAS anymore

• Ryo Kato & Takayuki Tsuruga, 2012, "Bank Overleverage and Macroeconomic Fragility," Discussion papers, Graduate School of Economics Project Center, Kyoto University, number e-12-002, Apr, revised Mar 2013.
• Alexander W. Richter, 2013, "The Fiscal Limit and Non-Ricardian Consumers," Auburn Economics Working Paper Series, Department of Economics, Auburn University, number auwp2013-19, Nov.
• Pablo Hernández de Cos & Juan F. Jimeno, 2013, "Fiscal policy and external imbalances in a debt crisis: the Spanish case," Occasional Papers, Banco de España, number 1303, Nov.
• Aurélien Beleau, 2013, "Théorie de la taxation optimale et politique de stabilisation : une incompatibilité théorique ?," Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, number 13059, Jun.
• Till Gross, 2013, "Dynamic Optimal Taxation in Open Economies," Carleton Economic Papers, Carleton University, Department of Economics, number 13-06, Aug.
• Item repec:feu:wfeppr:y:2013:m:11:d:0:i:9 is not listed on IDEAS anymore

• Michał Brzoza-Brzezina & Marcin Kolasa & Krzysztof Makarski, 2013, "A penalty function approach to occasionally binding credit constraints," NBP Working Papers, Narodowy Bank Polski, number 159.
• Douglas Gollin & David Lagakos & Michael E. Waugh, 2013, "The Agricultural Productivity Gap," NBER Working Papers, National Bureau of Economic Research, Inc, number 19628, Nov.
• Mazurek, Jiří, 2013, "The Great Recession: a comparison of recession magnitudes in Europe, USA and Japan," MPRA Paper, University Library of Munich, Germany, number 51428, Nov.
• Eric van Wincoop & Philippe Bacchetta, 2013, "The Great Recession: A Self-Fulfilling Global Panic," 2013 Meeting Papers, Society for Economic Dynamics, number 413.
• Martin, Antoine & Skeie, David & Thadden, Ernst-Ludwig von, 2013, "Repo Runs," 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 448, Nov.
• Benjaming Dachis & William B.P. Robson, 2013, "Equipping Canadian Workers: Business Investment Loses a Step against Competitors Abroad," e-briefs, C.D. Howe Institute, number 167, Nov.
• Sebastian Gechert & Rafael Mentges, 2013, "What Drives Fiscal Multipliers? The Role of Private Wealth and Debt," IMK Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute, number 124-2013.
• Leo Krippner, 2013, "A tractable framework for zero lower bound Gaussian term structure models," Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand, number DP2013/02, Jan.
• Hyun-Hoon Lee & Cyn-Young Park, 2013, "International Transmission of Food Prices and Volatilities: A Panel Analysis," ADB Economics Working Paper Series, Asian Development Bank, number 373, Aug.
• Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2010, "Do Sticky Prices Increase Real Exchange Rate Volatility at the Sector Level?," Discussion papers, Graduate School of Economics Project Center, Kyoto University, number e-10-004, Jul.
• Sylvia Kaufmann & Johann Scharler, 2013, "Bank-Lending Standards, Loan Growth and the Business Cycle in the Euro Area," Working Papers, Faculty of Economics and Statistics, Universität Innsbruck, number 2013-34, Oct.
• Perugini, Cristiano & Hölscher, Jens & Collie, Simon, 2013, "Inequality, credit expansion and financial crises," MPRA Paper, University Library of Munich, Germany, number 51336, Oct.
• Marion Davin, 2013, "Public Education Spending, Sectoral Taxation and Growth," AMSE Working Papers, Aix-Marseille School of Economics, France, number 1355, Oct, revised Oct 2013.
• Peter H. Sullivan, 2013, "Finding a Connection Between Exchange Rates and Fundamentals, How Should We Model Revisions to Forecasting Strategies?," 2013 Papers, Job Market Papers, number psu387, Nov.
• Fujio Takata, 2013, "Multiple Steady States under the Balanced Budget Rule- a Generalization," Discussion Papers, Graduate School of Economics, Kobe University, number 1310, Oct.
• Lance Kent & Toan Phan, 2013, "Business Cycles with Revolutions," Working Papers, Economics Department, William & Mary, number 145, Nov.
• Thomas Herndon & Michael Ash & Robert Pollin, 2013, "Does High Public Debt Consistently Stifle Economic Growth? A Critique of Reinhart and Rogo ff," Working Papers, Political Economy Research Institute, University of Massachusetts at Amherst, number wp322.
• Güneş Kamber & Christoph Thoenissen, 2013, "Financial exposure and the international transmission of financial shocks," Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand, number DP2013/06, Jan.
• Bonizzi, Bruno, 2013, "Capital market inflation in emerging markets: The case of Brazil and South Korea," MPRA Paper, University Library of Munich, Germany, number 51255, Sep.
• Guillen, Osmani Teixeira Carvalho & Issler, João Victor & Franco Neto, Afonso Arinos de Mello, 2013, "On the welfare costs of business-cycle fluctuations and economic-growth variation in the 20th century and beyond," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE), EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), number 748, Nov.
• Jochen Hartwig, 2013, "Structural Change, Aggregate Demand and Employment Dynamics in the OECD, 1970-2010," KOF Working papers, KOF Swiss Economic Institute, ETH Zurich, number 13-343, Oct, DOI: 10.3929/ethz-a-009992260.
• Andrey Launov & Klaus Wälde, 2013, "Hartz IV ist tot – Es leben die Hartz-Reformen!," Working Papers, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz, number 1308, Nov, revised 01 Nov 2013.
• Item repec:iwh:dispap:13-13 is not listed on IDEAS anymore

• Chad Cotti & Richard A. Dunn & Nathan Tefft, 2013, "The Dow is Killing Me: Risky Health Behaviors and the Stock Market," Working Papers, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy, number 20, Jun.
• Hiroaki Sasaki, 2011, "Is the Long-run Equilibrium Wage-led or Profit-led? A Kaleckian Approach," Discussion papers, Graduate School of Economics Project Center, Kyoto University, number e-11-002, Apr.
• Martin, Antoine & Skeie, David & Thadden, Ernst-Ludwig von, 2013, "The Fragility of Short-Term Secured Funding Markets," 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 449.
• Bernd Hayo & Edith Neuenkirch, 2013, "The German Public and its Trust in the ECB: The Role of Knowledge and Information Search," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 201347.
• Vaqar Ahmed & Ahsan Abbas & Saira Ahmed, 2013, "Public infrastructure and economic growth in Pakistan: a dynamic CGE-microsimulation analysis," Working Papers MPIA, PEP-MPIA, number 2013-01.
• Maciej Albinowski & Piotr Ciżkowicz & Andrzej Rzońca, 2013, "Links between the trust in the ECB and its interest rate policy," NBP Working Papers, Narodowy Bank Polski, number 158.
• Item repec:dau:papers:123456789/10079 is not listed on IDEAS anymore

• Estian Calitz & Krige Siebrits & Ian Stuart, 2013, "The accuracy of fiscal projections in South Africa," Working Papers, Stellenbosch University, Department of Economics, number 24/2013.
• Aleksandra Hałka & Tomasz Łyziak, 2013, "How to defi ne the Consumer Perceived Price Index? The case of Poland," NBP Working Papers, Narodowy Bank Polski, number 160.
• John Muellbauer, 2013, "Conditional Eurobonds and the Eurozone Sovereign Debt Crisis," Economics Series Working Papers, University of Oxford, Department of Economics, number 681, Oct.
• Antonio Ciccone & Giovanni Peri, 2013, "Schooling Supply and the Structure of Production: Evidence from US States 1950–1990," ADB Economics Working Paper Series, Asian Development Bank, number 377, Sep.
• Costeiu, Adrian & Neagu, Florian, 2013, "Bridging the banking sector with the real economy: a financial stability perspective," Working Paper Series, European Central Bank, number 1592, Sep.
• Item repec:dau:papers:123456789/7353 is not listed on IDEAS anymore

• Régis Barnichon & Andrew Figura, 2013, "Declining labor force attachment and downward trends in unemployment and participation," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1397, Oct.
• Winkler, Adalbert, 2013, "Der lender of last resort vor Gericht," Frankfurt School - Working Paper Series, Frankfurt School of Finance and Management, number 206.
• Kim, Chang-Jin & Kim, Jaeho, 2013, "The `Pile-up Problem' in Trend-Cycle Decomposition of Real GDP: Classical and Bayesian Perspectives," MPRA Paper, University Library of Munich, Germany, number 51118, Oct.
• A. Kerem Coşar & James Tybout & Nezih Guner, 2015, "Firm Dynamics, Job Turnover, and Wage Distributions in an Open Economy," Working Papers, Barcelona School of Economics, number 732, Sep.
• Nalan Basturk & Cem Cakmakli & Pinar Ceyhan & Herman K. van Dijk, 2013, "Posterior-Predictive Evidence on US Inflation using Extended Phillips Curve Models with non-filtered Data," Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum, number 1321, Nov.
• Benjamin Moll & Robert M. Townsend & Victor Zhorin, 2013, "Economic Development, Flow of Funds and the Equilibrium Interaction of Financial Frictions," NBER Working Papers, National Bureau of Economic Research, Inc, number 19618, Nov.
• Hiroaki Sasaki & Ryunosuke Sonoda & Shinya Fujita, 2012, "International Competition and Distributive Class Conflict in an Open Economy Kaleckian Model," Discussion papers, Graduate School of Economics Project Center, Kyoto University, number e-12-005, Jul.
• Joshua S. Gans & Hanna Halaburda, 2013, "Some Economics of Private Digital Currency," Staff Working Papers, Bank of Canada, number 13-38, DOI: 10.34989/swp-2013-38.
• Tomas Havranek, 2013, "Publication Bias in Measuring Intertemporal Substitution," Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, number 2013/15, Oct, revised Oct 2013.
• Rosa C. Hayes & Masami Imai & Cameron A. Shelton, 2013, "Attribution Error in Economic Voting: Evidence from Trade Shocks," Wesleyan Economics Working Papers, Wesleyan University, Department of Economics, number 2013-009, Oct.
• Charles Yuji Horioka & Akiko Terada-Hagiwara, 2013, "Corporate Cash Holding in Asia," ADB Economics Working Paper Series, Asian Development Bank, number 381, Oct.
• Item repec:dau:papers:123456789/11406 is not listed on IDEAS anymore

• Kim, Chang-Jin & Kim, Jaeho, 2013, "Bayesian Inference in Regime-Switching ARMA Models with Absorbing States: The Dynamics of the Ex-Ante Real Interest Rate Under Structural Breaks," MPRA Paper, University Library of Munich, Germany, number 51117, Aug.

Report NEP-MAC-2013-11-16

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: