Report NEP-MAC-2013-12-06

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.

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Other reports in NEP-MAC

The following items were announced in this report:

• Eric M. Leeper & Xuan Zhou, 2013, "Inflation's Role in Optimal Monetary-Fiscal Policy," NBER Working Papers, National Bureau of Economic Research, Inc, number 19686, Nov.
• Stefan Behrendt, 2013, "Monetary Transmission via the Central Bank Balance Sheet," Global Financial Markets Working Paper Series, Friedrich-Schiller-University Jena, number 49-2013, Nov.
• Anna Sokolova, 2013, "Fiscal Limits and Monetary Policy: Default vs. Inflation," HSE Working papers, National Research University Higher School of Economics, number WP BRP 39/EC/2013.
• Oleksiy Kryvtsov & Luba Petersen, 2013, "Expectations and Monetary Policy: Experimental Evidence," Staff Working Papers, Bank of Canada, number 13-44, DOI: 10.34989/swp-2013-44.
• Saroj Bhattarai & Jae Won Lee & Woong Yong Park, 2013, "Inflation Dynamics: The Role of Public Debt and Policy Regimes," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2013-75, Nov.
• Tomasz Łyziak, 2013, "A note on central bank transparency and credibility in Poland," NBP Working Papers, Narodowy Bank Polski, number 162.
• Linda S. Goldberg & Christian Grisse, 2013, "Time variation in asset price responses to macro announcements," Working Papers, Swiss National Bank, number 2013-11.
• Prasad, Eswar, 2013, "Distributional Effects of Macroeconomic Policy Choices in Emerging Market Economies," IZA Discussion Papers, Institute of Labor Economics (IZA), number 7777, Nov.
• Aleksandar Vasilev, 2013, "Fiscal policy in a Real-Business-Cycle model with labor-intensive government services and endogenous public sector wages and hours," Working Papers, Business School - Economics, University of Glasgow, number 2013_18, May.
• Gitanjali Kumar, 2013, "High-Frequency Real Economic Activity Indicator for Canada," Staff Working Papers, Bank of Canada, number 13-42, DOI: 10.34989/swp-2013-42.
• Guillermo Calvo & Fabrizio Coricelli & Pablo Ottonello, 2013, "Jobless Recoveries During Financial Crises: Is Inflation the Way Out?," NBER Working Papers, National Bureau of Economic Research, Inc, number 19683, Nov.
• Martin Brown & Ralph De Haas & Vladimir Sokolov, 2013, "Regional inflation and financial dollarisation," Working Papers, European Bank for Reconstruction and Development, Office of the Chief Economist, number 163, Nov.
• Anthony J Laramie, 2013, "Fiscal policy: Its role in an independent Scotland," Working Papers, Post Keynesian Economics Society (PKES), number PKWP1307, Nov.
• Monica Jain, 2013, "Perceived Inflation Persistence," Staff Working Papers, Bank of Canada, number 13-43, DOI: 10.34989/swp-2013-43.
• Item repec:ctc:serie1:def3 is not listed on IDEAS anymore

• Paweł Borys & Piotr Ciżkowicz & Andrzej Rzońca, 2013, "Panel data evidence on the effects of fiscal impulses in the EU New Member States," NBP Working Papers, Narodowy Bank Polski, number 161.
• Nawalage S. Cooray, 2013, "An Empirical Analysis of Inflation-Growth Nexus in Developing Countries: The Case of Sri Lanka," Working Papers, Research Institute, International University of Japan, number EMS_2013_21, Nov.
• William Dudley, 2013, "The national and regional economy," Speech, Federal Reserve Bank of New York, number 124.
• Gabriel Chodorow-Reich & Loukas Karabarbounis, 2013, "The Cyclicality of the Opportunity Cost of Employment," NBER Working Papers, National Bureau of Economic Research, Inc, number 19678, Nov.
• Aleksandar Vasilev, 2013, "On the cost of rent-seeking by government bureaucrats in a Real-Business-Cycle framework," Working Papers, Business School - Economics, University of Glasgow, number 2013_20, Sep.
• Marina Azzimonti-Renzo, 2013, "Polarized business cycles," Working Papers, Federal Reserve Bank of Philadelphia, number 13-44.
• Bianca De Paoli & Matthias Paustian, 2013, "Coordinating monetary and macroprudential policies," Staff Reports, Federal Reserve Bank of New York, number 653, Nov.
• Jan-Egbert Sturm & Anna Samarina, 2013, "Factors Leading to Inflation Targeting," KOF Working papers, KOF Swiss Economic Institute, ETH Zurich, number 13-346, Nov, DOI: 10.3929/ethz-a-010019326.
• Cardullo, Gabriele & Guerrazzi, Marco, 2013, "The Cyclical Volatility of Equilibrium Unemployment and Vacancies: Evidence from Italy," MPRA Paper, University Library of Munich, Germany, number 51726, Nov.
• Maria Grazia Miele, 2013, "The effects of capital requirements on real economy: a cointegrated VAR approach for US commercial banks," Working Papers in Public Economics, Department of Economics and Law, Sapienza University of Rome, number 163, Nov.
• Rangan Gupta & Patrick Kanda & Mampho Modise & Alessia Paccagnini, 2013, "DGSE Model-Based Forecasting of Modeled and Non-Modeled Inflation Variables in South Africa," Working Papers, University of Milano-Bicocca, Department of Economics, number 259, Nov, revised Nov 2013.
• William Dudley, 2013, "U.S. and regional economic conditions," Speech, Federal Reserve Bank of New York, number 126.
• Levine, P. & Pearlman, J. & Yang, B., 2013, "Imperfection Information, Optimal Monetary Policy and Informational Consistency," Working Papers, Department of Economics, City St George's, University of London, number 13/13.
• Andersson, Fredrik N.G. & Li, Yushu, 2013, "How Flexible are the Inflation Targets? A Bayesian MCMC Estimator of the Long Memory Parameter in a State Space Model," Working Papers, Lund University, Department of Economics, number 2013:38, Nov.
• Lena Dräger & Ulrich Fritsche, 2013, "Don't Worry, Be Right! Survey Wording Effects on In flation Perceptions and Expectations," Macroeconomics and Finance Series, University of Hamburg, Department of Socioeconomics, number 201308, Dec.
• Busl, Claudia & Seymen, Atılım, 2013, "The German labour market reforms in a European context: A DSGE analysis," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 13-097.
• Thorsten Drautzburg & Harald Uhlig, 2013, "Fiscal stimulus and distortionary taxation," Working Papers, Federal Reserve Bank of Philadelphia, number 13-46.
• Michael Hatcher, 2013, "The inflation risk premium on government debt in an overlapping generations model," Working Papers, Business School - Economics, University of Glasgow, number 2013_17, Oct.
• S. Boragan Aruoba & Luigi Bocola & Frank Schorfheide, 2013, "Assessing DSGE model nonlinearities," Working Papers, Federal Reserve Bank of Philadelphia, number 13-47.
• Owen F. Humpage & Sanchita Mukherjee, 2013, "Even keel and the Great Inflation," Working Papers (Old Series), Federal Reserve Bank of Cleveland, number 1315, DOI: 10.26509/frbc-wp-201315.
• Rendon, Silvio & Quella, Núria, 2013, "Behind the Great Recession: Job Search and Housing Decisions," IZA Discussion Papers, Institute of Labor Economics (IZA), number 7773, Nov.
• Item repec:dau:papers:123456789/12185 is not listed on IDEAS anymore

• Antoine Mandel & Simone Landini & Mauro Gallegati & Herbert Gintis, 2013, "Price dynamics, financial fragility and aggregate volatility," Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, number 13076, Nov.
• Bindseil, Ulrich, 2013, "Central bank collateral, asset fire sales, regulation and liquidity," Working Paper Series, European Central Bank, number 1610, Nov.
• Richard W. Fisher, 2013, "A U.S. economic update and perspective on monetary policy (with reference to Leslie W. Fisher)," Speeches and Essays, Federal Reserve Bank of Dallas, number 140.
• Qichun He & Heng-fu Zou, 2013, "Why Doesn't the Kuznets Curve on Income Distribution Hold in Ancient China?," CEMA Working Papers, China Economics and Management Academy, Central University of Finance and Economics, number 576, Nov.
• Evans, Olaniyi, 2013, "On the Causality between Domestic Credit Aggregates and Economic Growth in a Multivariate VAR Framework: Evidence from Nigeria," MPRA Paper, University Library of Munich, Germany, number 51731, Nov.
• Bill Dupor & M. Saif Mehkari, 2013, "The analytics of technology news shocks," Working Papers, Federal Reserve Bank of St. Louis, number 2013-036, DOI: 10.20955/wp.2013.036.
• Chiara Scotti, 2013, "Surprise and uncertainty indexes: real-time aggregation of real-activity macro surprises," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1093.
• Perry Mehrling, 2013, "MIT and Money," GREDEG Working Papers, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France, number 2013-44, Oct.
• Alois Kneip & Monika Merz & Lidia Storjohann, 2013, "Aggregation and Labor Supply Elasticities," SOEPpapers on Multidisciplinary Panel Data Research, DIW Berlin, The German Socio-Economic Panel (SOEP), number 606.
• Bulat Gafarov, 2013, "Do unobserved components models forecast inflation in Russia?," HSE Working papers, National Research University Higher School of Economics, number WP BRP 35/EC/2013.
• Papageorgiou, Chris & Saam, Marianne & Schulte, Patrick, 2013, "Elasticity of substitution between clean and dirty energy inputs: A macroeconomic perspective," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 13-087.
• Karolina Konopczak, 2013, "The Balassa-Samuelson effect and the channels of its absorption in the Central and Eastern European Countries," NBP Working Papers, Narodowy Bank Polski, number 163.
• Hirsch, Boris & Jahn, Elke J. & Schnabel, Claus, 2013, "The Cyclical Behaviour of Employers' Monopsony Power and Workers' Wages," IZA Discussion Papers, Institute of Labor Economics (IZA), number 7776, Nov.
• Ben Salha, Ousama & Jaidi, Zied, 2013, "Some new evidence on the determinants of money demand in developing countries – A case study of Tunisia," MPRA Paper, University Library of Munich, Germany, number 51788, Nov.
• Nikolay Gospodinov & Ibrahim Jamali, 2013, "Monetary policy surprises, positions of traders, and changes in commodity futures prices," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2013-12, Nov.
• Item repec:nuf:esohwp:_123 is not listed on IDEAS anymore

• S.Chatterji & S.Ghosal, 2013, "Liquidity, moral hazard and bank crises," Working Papers, Business School - Economics, University of Glasgow, number 2013_21, Nov.
• Jonathan Zinman, 2013, "Consumer Credit: Too Much or Too Little (or Just Right)?," NBER Working Papers, National Bureau of Economic Research, Inc, number 19682, Nov.
• Alexandrer Groves, 2013, "Identifying What is Tempting," 2013 Papers, Job Market Papers, number pgr489, Nov.
• Campbell, Douglas L., 2013, "Relative Prices, Hysteresis, and the Decline of American Manufacturing," MPRA Paper, University Library of Munich, Germany, number 51723.
• Gauti B. Eggertsson & Andrea Ferrero & Andrea Raffo, 2013, "Can structural reforms help Europe?," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1092.
• Francisco J. Buera & Joseph P. Kaboski & Yongseok Shin, 2013, "The macroeconomics of microfinance," Working Papers, Federal Reserve Bank of St. Louis, number 2013-034, DOI: 10.20955/wp.2013.034.
• John C. Driscoll & Ruth A. Judson, 2013, "Sticky deposit rates," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2013-80.
• Palme, Joakim, 2013, "Unemployment Benefits in EU Member States," Working Paper Series, Center for Labor Studies, Uppsala University, Department of Economics, number 2013:15, Nov.
• Fontana, Alessandro & Corradin, Stefano, 2013, "House price cycles in Europe," Working Paper Series, European Central Bank, number 1613, Nov.
• Gabriel Ulyssea, 2013, "Informalidade e Desempenho Econômico: Uma Análise dos Impactos Micro e Macroeconômicos de Políticas Para a Formalização," Discussion Papers, Instituto de Pesquisa Econômica Aplicada - IPEA, number 1900, Nov.
• Gino Gancia & Alessandra Bonfiglioli, 2015, "Heterogeneity, Selection and Labor Market Disparities," Working Papers, Barcelona School of Economics, number 734, Sep.
• Thomas C. Baxter, 2013, "Financial stability: the role of the Federal Reserve System," Speech, Federal Reserve Bank of New York, number 125.
• Vladimir Kossov & Elena Kossova, 2013, "International dispersion of retail diesel fuel prices and the estimation of normal price values," HSE Working papers, National Research University Higher School of Economics, number WP BRP 27/EC/2013.
• Alfred V Guender & Bernard Tolan, 2013, "The Centre Matters for the Periphery of Europe: The Predictive Ability of a GZ-Type Spread for Economic Activity in Europe," Working Papers in Economics, University of Canterbury, Department of Economics and Finance, number 13/29, Sep.
• Gudmundur S. Gudmundsson & Gylfi Zoega, 2013, "Age structure and the current account," Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics, number 1307, Nov.
• Thorsten Drautzburg, 2013, "Entrepreneurial tail risk: implications for employment dynamics," Working Papers, Federal Reserve Bank of Philadelphia, number 13-45.
• Andreas Buehn & Roberto Dell'Anno & Friedrich Schneider, 2013, "Fiscal illusion and the shadow economy: Two sides of the same coin?," Economics working papers, Department of Economics, Johannes Kepler University Linz, Austria, number 2013-21, Dec.
• Alice Henriques Volz, 2013, "Are homeowners in denial about their house values? comparing owner perceptions with transaction-based indexes," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2013-79.
• Cheng, Terence Chai & Kalb, Guyonne & Scott, Anthony, 2013, "Public, Private or Both? Analysing Factors Influencing the Labour Supply of Medical Specialists," IZA Discussion Papers, Institute of Labor Economics (IZA), number 7766, Nov.
• Kseniya Abanokova & Michael Lokshin, 2013, "Changes in household composition as a shock-mitigating strategy," HSE Working papers, National Research University Higher School of Economics, number WP BRP 38/EC/2013.
• Item repec:eus:wpaper:ec0813 is not listed on IDEAS anymore

• William Dudley, 2013, "Ending too big to fail," Speech, Federal Reserve Bank of New York, number 123.
• John C. Williams, 2013, "Rebalancing the economy: a tale of two countries," Speech, Federal Reserve Bank of San Francisco, number 126.
• Maria Cecilia J. LUSTOSA & Yves-André FAURE, 2013, "Changements institutionnels et politiques publiques au Brésil\r\nAux sources de la réduction des inégalités sociales, de la pauvreté et des disparités régionales," Cahiers du GREThA (2007-2019), Groupe de Recherche en Economie Théorique et Appliquée (GREThA), number 2013-25.
• Item repec:dau:papers:123456789/12130 is not listed on IDEAS anymore

• Item repec:ctc:serie1:def2 is not listed on IDEAS anymore

• Maria Kokoreva & Anastasia Stepanova, 2013, "Financial architecture and corporate performance: evidence from Russia," HSE Working papers, National Research University Higher School of Economics, number WP BRP 21/FE/2013.
• Dmitry Veselov, 2013, "Redistribution and the political support of free entry policy in the Schumpeterian model with heterogenous agents," HSE Working papers, National Research University Higher School of Economics, number WP BRP 28/EC/2013.
• Fernando Broner & Aitor Erce & Alberto Martin & Jaume Ventura, 2013, "Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out Effects," NBER Working Papers, National Bureau of Economic Research, Inc, number 19676, Nov.
• Feld, Lars P. & Osterloh, Steffen, 2013, "Is a fiscal capacity really necessary to complete EMU?," Freiburg Discussion Papers on Constitutional Economics, Walter Eucken Institut e.V., number 13/5.
• Federico DI PACE & Stefania VILLA, 2013, "Redistributive effects and labour market dynamics," Working Papers of Department of Economics, Leuven, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven, number ces13.23, Nov.
• Nicholas Lawson, 2013, "Fiscal Externalities and Optimal Unemployment Insurance," AMSE Working Papers, Aix-Marseille School of Economics, France, number 1357, Nov, revised 21 Nov 2013.
• Feld, Lars P. & Schnellenbach, Jan, 2013, "Political institutions and income (re-)distribution: Evidence from developed economies," Freiburg Discussion Papers on Constitutional Economics, Walter Eucken Institut e.V., number 13/6.
• Berliant, Marcus & Weiss, Adam, 2013, "Measuring Economic Growth from Outer Space: A Comment," MPRA Paper, University Library of Munich, Germany, number 51713, Nov.
• Grimaud, André & Neubauer, Mauricio Bermudez & Rougé, Luc, 2013, "Politiques de R&D, Taxe Carbone et Paradoxe Vert," IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse, number 806, Nov.
• Matthias Kehrig & Nicolas Vincent, 2013, "Disentangling Labor Supply and Demand Shifts Using Spatial Wage Dispersion: The Case of Oil Price Shocks," Working Papers, Center for Economic Studies, U.S. Census Bureau, number 13-57, Nov.
• Evans, Olaniyi, 2013, "Correlations between the Petroleum Industry and the Per Capita Income in Nigeria: Cointegration and Error Correction Model Approach by Olaniyi Evans," MPRA Paper, University Library of Munich, Germany, number 51650, Nov.
• Kok, Christoffer & Schepens, Glenn, 2013, "Bank reactions after capital shortfalls," Working Paper Series, European Central Bank, number 1611, Nov.
• Baert, Stijn & Heylen, Freddy & Isebaert, Daan, 2013, "Does Homeownership Lead to Longer Unemployment Spells? The Role of Mortgage Payments," IZA Discussion Papers, Institute of Labor Economics (IZA), number 7774, Nov.
• Matteo PICCHIO & Stefano STAFFOLANI, 2013, "Does Apprenticeship Improve Job Opportunities? A Regression Discontinuity Approach," Working Papers, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali, number 393, Nov.
• Item repec:nuf:esohwp:_122 is not listed on IDEAS anymore

• Djajic, S. & Mesnard, A., 2013, "Guest Workers in the Underground Economy," Working Papers, Department of Economics, City St George's, University of London, number 13/05.
• Hübler, Michael, 2013, "South-North convergence from a new perspective," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 13-104.
• Robert Jump, 2013, "Results on the Stability of a Simple Wage Posting Model," Studies in Economics, School of Economics, University of Kent, number 1319, Nov.
• Fromlet, Pia, 2013, "Exchange Rates, Wages, and Export Price Dynamics," Working Papers, National Institute of Economic Research, number 132, Nov.
• Bryan, Mark L. & Longhi, Simonetta, 2013, "Couples' Labour Supply Responses to Job Loss: Boom and Recession Compared," IZA Discussion Papers, Institute of Labor Economics (IZA), number 7775, Nov.
• Anna Lukiyanova, 2013, "Earnings inequality and informal Employment in Russia," HSE Working papers, National Research University Higher School of Economics, number WP BRP 37/EC/2013.
• Igor Pospelov & Stanislav Radionov, 2013, "Multisector monopolistic competition model," HSE Working papers, National Research University Higher School of Economics, number WP BRP 34/EC/2013.
• Mitsukuni Nishida & Amil Petrin & Martin Rotemberg & T. Kirk White, 2013, "Are We Undercounting Reallocation’s Contribution to Growth?," Working Papers, Center for Economic Studies, U.S. Census Bureau, number 13-55, Jan.
• Macan, Vaneza Jean & Deluna, Roperto Jr, 2013, "Relationship of Income Inequality and Labor Productivity on Fertility in the Philippines: 1985-2009," MPRA Paper, University Library of Munich, Germany, number 51679, Apr.
• Item repec:ilo:ilowps:483583 is not listed on IDEAS anymore

• Alexander Muravyev & Aleksey Oshchepkov, 2013, "Minimum wages and labor market outcomes: evidence from the emerging economy of Russia," HSE Working papers, National Research University Higher School of Economics, number WP BRP 29/EC/2013.
• Timothy J. Kehoe & Jack Rossbach & Kim J. Ruhl, 2013, "Using the new products margin to predict the industry-level impact of trade reform," Staff Report, Federal Reserve Bank of Minneapolis, number 492.
• Cavalieri, Duccio, 2013, "On the theory of capital in post-industrial societies," MPRA Paper, University Library of Munich, Germany, number 51719, Nov.
• Géraldine Rieucau, 2013, "Etre employé dans la grande distribution : candidater en personne ou en ligne ?," Post-Print, HAL, number hal-00909656, May.

Report NEP-MAC-2013-12-06

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: