Report NEP-MAC-2014-05-24

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:

• Ørjan Robstad, 2014. "House prices, credit and the effect of monetary policy in Norway: Evidence from Structural VAR Models," Working Paper 2014/05, Norges Bank.
• Haider Ali & Eatzaz Ahmad, 2014. "Choice of Monetary Policy Instrument under Targeting Regimes in a Simple Stochastic Macro Model," PIDE-Working Papers 2014:102, Pakistan Institute of Development Economics.
• Athanasios O. Tagkalakis, 2014. "Financial stability indicators and public debt developments," Working Papers 179, Bank of Greece.
• Vasco Curdia & Andrea Ferrero & Ging Cee Ng & Andrea Tambalotti, 2014. "Has U.S. Monetary Policy Tracked the Efficient Interest Rate?," Working Paper Series 2014-12, Federal Reserve Bank of San Francisco.
• Michael T. Belongia & Peter N. Ireland, 2014. "Interest Rates and Money in the Measurement of Monetary Policy," NBER Working Papers 20134, National Bureau of Economic Research, Inc.
• Carrillo-Tudela, Carlos & Visschers, Ludo, 2014. "Unemployment and endogenous reallocation over the business cycle," UC3M Working papers. Economics we1410, Universidad Carlos III de Madrid. Departamento de Economía.
• Petr Rozmahel & Ladislava Grochová & Marek Litzman, 2014. "The effect of asymmetries in fiscal policy conducts on business cycle correlation in the EU," WWWforEurope Working Papers series 62, WWWforEurope.
• Quint, Dominic, 2014. "Is it really more dispersed? Measuring and comparing the stress from the common monetary policy in the euro area," Discussion Papers 2014/13, Free University Berlin, School of Business & Economics.
• Neslihan Kaya, 2014. "A Comparison of Optimal Policy Rules for Pre and Post Inflation Targeting Eras : Empirical Evidence from Bank of Canada," Working Papers 1413, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
• Jan in’t Veld & Robert Kollmann & Beatrice Pataracchia & Marco Ratto & Werner Roeger, 2014. "International Capital Flows and the Boom-Bust Cycle in Spain," CAMA Working Papers 2014-40, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Isaacs, Gilad, 2014. "The myth of “neutrality” and the rhetoric of “stability”: macroeconomic policy in democratic South Africa," MPRA Paper 54426, University Library of Munich, Germany.
• Martín Sola & Martín González Rozada, 2014. "Towards a "New" Inflation Targeting Framework: The Case of Uruguay," IDB Publications (Working Papers) 84107, Inter-American Development Bank.
• Benjamin M. Friedman, 2014. "Has the Financial Crisis Permanently Changed the Practice of Monetary Policy? Has It Changed the Theory of Monetary Policy?," NBER Working Papers 20128, National Bureau of Economic Research, Inc.
• Itamar Drechsler & Alexi Savov & Philipp Schnabl, 2014. "A Model of Monetary Policy and Risk Premia," NBER Working Papers 20141, National Bureau of Economic Research, Inc.
• Tuan Phan, 2014. "Output Composition of the Monetary Policy Transmission Mechanism: Is Australia Different?," CAMA Working Papers 2014-39, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Enrique Kawamura & Javier García-Cicco, 2014. "Central Bank Liquidity Management and "Unconventional" Monetary Policies," IDB Publications (Working Papers) 84108, Inter-American Development Bank.
• Christian Broda & Jonathan A. Parker, 2014. "The Economic Stimulus Payments of 2008 and the Aggregate Demand for Consumption," NBER Working Papers 20122, National Bureau of Economic Research, Inc.
• Noordegraaf-Eelens, L.H.J. & Franses, Ph.H.B.F., 2014. "Do loss profiles on the mortgage market resonate with changes in macro economic prospects, business cycle movements or policy measures?," Econometric Institute Research Papers EI 2014-08, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
• Ricco, Giovanni & Callegari, Giovanni & Cimadomo, Jacopo, 2014. "Signals from the Government: Policy Uncertainty and the Transmission of Fiscal Shocks," MPRA Paper 56136, University Library of Munich, Germany.
• Walid Qazizada & Engelbert Stockhammer, 2014. "Government spending multipliers in contraction and expansion," Working Papers PKWP1404, Post Keynesian Economics Society (PKES).
• Adrián Armas & Paul Castillo & Marco Vega, 2014. "Inflation Targeting and Quantitative Tightening: Effects of Reserve Requirements in Peru," IDB Publications (Working Papers) 84714, Inter-American Development Bank.
• Engelbert Stockhammer & Jo Michell, 2014. "Pseudo-Goodwin cycles in a Minsky model," Working Papers PKWP1405, Post Keynesian Economics Society (PKES).
• Detmers, Gunda-Alexandra & Nautz, Dieter, 2014. "Stale forward guidance," SFB 649 Discussion Papers 2014-027, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
• Giovanni Caggiano & Efrem Castelnuovo & Nicolas Groshenny, 2014. "Uncertainty Shocks and Unemployment Dynamics in U.S. Recessions," Melbourne Institute Working Paper Series wp2014n12, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
• Miguel Urrutia & Marc Hofstetter & Franz Hamann, 2014. "Inflation Targeting in Colombia, 2002-2012," IDB Publications (Working Papers) 84274, Inter-American Development Bank.
• Shawkat Hammoudeh & Duc Khuong Nguyen & Ricardo M. Sousa, 2014. "China’s Monetary Policy and Commodity Prices," Working Papers 2014-298, Department of Research, Ipag Business School.
• cho, hyejin, 2014. "Macro Micro Model with a Post-keynesian Perspective in the banking industry," MPRA Paper 56119, University Library of Munich, Germany.
• Chang, C-L. & Hsu, H-K. & McAleer, M.J., 2014. "A Tourism Financial Conditions Index," Econometric Institute Research Papers EI2014-11, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
• Hideaki Hirata & M. Ayhan Kose & Chris Otrok & Marco Terrones, "undated". "Global House Price Fluctuations: Synchronization and Determinants," Working Paper 164451, Harvard University OpenScholar.
• Klinger, Sabine & Weber, Enzo, 2014. "Decomposing Beveridge curve dynamics by correlated unobserved components," University of Regensburg Working Papers in Business, Economics and Management Information Systems 480, University of Regensburg, Department of Economics.
• Jared Bullen & Jacinta Greenwell & Michael Kouparitsas & David Muller & John O’Leary & Rhett Wilcox, 2014. "Treasury's medium-term economic projection methodology," Treasury Working Papers 2014-02, The Treasury, Australian Government, revised May 2014.
• Mark Aguiar & Manuel Amador & Emmanuel Farhi & Gita Gopinath, "undated". "Coordination and Crisis in Monetary Unions," Working Paper 165301, Harvard University OpenScholar.
• KARGI, Bilal, 2014. "The Effects of Oil Prices On Inflation and Growth: Time Series Analysis In Turkish Economy For 1988:01-2013:04 Period," MPRA Paper 55704, University Library of Munich, Germany.
• Drago Bergholt & Tommy Sveen, 2014. "Sectoral interdependence and business cycle synchronization in small open economies," Working Paper 2014/04, Norges Bank.
• Deborah Mabbett & Waltraud Schelkle, 2014. "Searching under the lamp-post: the evolution of fiscal surveillance," Europe in Question Discussion Paper Series of the London School of Economics (LEQs) 5, London School of Economics / European Institute.
• Alexander Guarín & José Fernando Moreno & Hernando Vargas, 2014. "An Empirical Analysis of the Relationship between US and Colombian Long-Term Sovereign Bond Yields?," Borradores de Economia 11311, Banco de la Republica.
• Kawagishi, Taketo & Kaminoyama, Ken-ichi, 2014. "Cash-in-advance constraint with status and endogenous growth," MPRA Paper 55946, University Library of Munich, Germany.
• Item repec:dau:papers:123456789/13361 is not listed on IDEAS anymore

• Shimasawa, Manabu & Oguro, Kazumasa & Masujima, Minoru, 2014. "Population Aging, Policy Reforms, and Lifetime Net Tax Rate in Japan: A Generational Accounting Approach," CIS Discussion paper series 625, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
• Pompeo Della Posta, 2014. "Self-fulfilling and fundamentals based speculative attacks on public debt," Discussion Papers 2014/178, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
• Item repec:dau:papers:123456789/13298 is not listed on IDEAS anymore

• King, Philip & Millard, Stephen, 2014. "Modelling the service sector," Bank of England working papers 500, Bank of England.
• Charles I. Plosser, 2014. "The economic outlook and housing," Speech 100, Federal Reserve Bank of Philadelphia.
• Hideaki Hirata & Tokiko Shimizu, "undated". "Purchase of SME-related ABS by the Bank of Japan: Monetary Policy and SME Financing in Japan," Working Paper 164521, Harvard University OpenScholar.
• José E. Gómez-González & Julián A. Parra-Polania, 2014. "Bitcoin: something seems to be ‘fundamentally’ wrong," Borradores de Economia 11192, Banco de la Republica.
• Pavel Ciaian & Miroslava Rajcaniova & d'Artis Kancs, 2014. "The Economics of BitCoin Price Formation," EERI Research Paper Series EERI RP 2014/08, Economics and Econometrics Research Institute (EERI), Brussels.
• Kristinn Hermannsson & Patrizio Lecca & J Kim Swales, 2014. "How much does a single graduation cohort from further education colleges contribute to an open regional economy," Working Papers 1404, University of Strathclyde Business School, Department of Economics.
• Berleman, Michael & Enkelmann, Sören, 2014. "Institutions, experiences and inflation aversion," Working Paper 143/2014, Helmut Schmidt University, Hamburg.
• Alimi, R. Santos, 2014. "Does Optimal Government Size Exist for Developing Economies? The Case of Nigeria," MPRA Paper 56073, University Library of Munich, Germany.
• Alonso-Rivera, Angélica & Cruz-Aké, Salvador & Venegas-Martínez, Francisco, 2014. "Impact of Monetary Policy on Financial Markets Efficiency and Speculative Bubbles: A Non-linear Entropy-based Approach," MPRA Paper 56127, University Library of Munich, Germany.
• Alexander Guarín & José Fernando Moreno & Hernando Vargas, 2014. "An Empirical Analysis of the Relationship between US and Colombian Long-Term Sovereign Bond Yields," Borradores de Economia 822, Banco de la Republica de Colombia.
• Miguel Urrutia, 2014. "Adaptación del Banco de la República a los cambios en la política monetaria, cambiaria y de crédito: 1923-2013," Documentos CEDE 11194, Universidad de los Andes, Facultad de Economía, CEDE.
• Garz, Marcel, 2014. "Consumption, labor income uncertainty, and economic news coverage," MPRA Paper 56076, University Library of Munich, Germany.
• Jimena Zúñiga & Marcelo Capello & Inés Butler & Nester Grión, 2013. "A Cycle-Adjusted Fiscal Rule for Sustainable and More Equitable Growth in Argentina," IDB Publications (Working Papers) 82358, Inter-American Development Bank.
• Viral V. Acharya & Michael J. Fleming & Warren B. Hrung & Asani Sarkar, 2014. "Dealer financial conditions and lender-of-last resort facilities," Staff Reports 673, Federal Reserve Bank of New York.
• Hideaki Hirata, 2014. "Preference Shocks, International Frictions, and International Business Cycles," Working Paper 164446, Harvard University OpenScholar.
• Wolfgang Lechthaler & Mariya Mileva, 2014. "Smoothing the adjustment to trade liberalization," WWWforEurope Working Papers series 61, WWWforEurope.
• Iancu, Aurel, 2014. "Instabilitatea financiara, ciclurile si rolul institutiilor," Studii Economice 140423, Institutul National de Cercetari Economice (INCE).
• Kozue SEKIJIMA, 2014. "The wage differential between college and high-school graduates in the 2000s: The effect of labor substitution between age groups," OSIPP Discussion Paper 14J006, Osaka School of International Public Policy, Osaka University.
• Martin Shubik, 2014. "Simecs, Ithaca Hours, Berkshares, Bitcoins and Walmarts," Cowles Foundation Discussion Papers 1947, Cowles Foundation for Research in Economics, Yale University.
• Kenneth S. Rogoff, "undated". "Costs and Benefits to Phasing Out Paper Currency," Working Paper 168026, Harvard University OpenScholar.
• Sougata Ray & Sushanta Kumar Mahapatra, 2014. "Penetration of MFIs among Indian States: An Understanding Through Macro Variables," CEF.UP Working Papers 1401, Universidade do Porto, Faculdade de Economia do Porto.
• Stravelakis, Nikos, 2014. "Financial Crisis and Economic Depression: 'Post Hoc Ego Propter Hoc'? Implications for Financial Asset Valuation and Financial Regulation," MPRA Paper 55944, University Library of Munich, Germany.
• Edgar Vicente MARCILLO YÉPEZ, 2013. "Un indicador Líder para la actividad económica de Colombia," Archivos de Economía 11205, Departamento Nacional de Planeación.
• Zareen, Shumaila & Qayyum, Abdul, 2014. "An Analysis of the Impact of Government Size on Economic Growth of Pakistan: An Endogenous Growth," MPRA Paper 56139, University Library of Munich, Germany.
• Marcelo P. Oviedo & Leandro Andrian, 2013. "Terms of Trade and Fiscal Sustainability when the Sovereign Exploits a Natural Resource," IDB Publications (Working Papers) 82893, Inter-American Development Bank.
• Item repec:dau:papers:123456789/13289 is not listed on IDEAS anymore

• Nancy Aireth DAZA BAEZ, 2013. "Determinantes del perfil de Ahorro en Colombia: Una estimación para hogares e individuos," Archivos de Economía 11207, Departamento Nacional de Planeación.
• R. Jason Faberman & Marianna Kudlyak, 2014. "The Intensity of Job Search and Search Duration," Working Paper 14-12, Federal Reserve Bank of Richmond.
• Paolo Pini & Roberto Romano, 2014. "DEF 2014: le fonti mancanti della crescita," Working Papers 2014083, University of Ferrara, Department of Economics.
• Drew D. Creal & Jing Cynthia Wu, 2014. "Estimation of Affine Term Structure Models with Spanned or Unspanned Stochastic Volatility," NBER Working Papers 20115, National Bureau of Economic Research, Inc.
• Guillaume Allegre & Xavier Timbeau, 2014. "The critique of capital in the twenty first century in search of the macroeconomic foundations of inequality," SciencePo Working papers Main hal-00992367, HAL.
• Jared Bullen & Michael Kouparitsas & Michal Krolikowski, 2014. "Long run forecasts of Australia’s terms of trade," Treasury Working Papers 2014-01, The Treasury, Australian Government, revised May 2014.
• Prof. Dr. Bernd Meyer & Gerd Ahlert & Prof. Dr. Hans Diefenbacher & Roland Zieschank & Prof. Dr. Hans Nutzinger, 2013. "Eckpunkte eines ökologisch tragfähigen Wohlfahrtskonzepts," GWS Research Report Series 13-1, GWS - Institute of Economic Structures Research.
• Halkos, George & Paizanos, Epameinondas, 2014. "Exploring the effect of economic growth and government expenditure on the environment," MPRA Paper 56084, University Library of Munich, Germany.
• Luis Fernando Melo Velandia & Daniel Parra Amado, 2014. "Efectos calendario sobre la producción industrial en Colombia," Borradores de Economia 11241, Banco de la Republica.
• Piyusha Mutreja & B. Ravikumar & Michael Sposi, 2014. "Capital goods trade and economic development," Working Papers 2014-12, Federal Reserve Bank of St. Louis.
• Runnemark, Emma & Hedman, Jonas & Xiao, Xiao, 2014. "Do Consumers Pay More Using Debit Cards than Cash? An Experiment," Working Papers 2014:21, Lund University, Department of Economics.
• Mauricio SANTAMARIA SALAMANCA & Gabriel PIRAQUIVE GALEANO & Gustavo HERNANDEZ DIAZ & Norberto ROJAS DELGADILLO, 2013. "Crecimiento económico y desempleo: Retos a largo plazo," Archivos de Economía 11202, Departamento Nacional de Planeación.
• Juan Carlos ECHEVERRY, 2014. "La Visión de La Prosperidad del Gobierno Santos," Archivos de Economía 11210, Departamento Nacional de Planeación.
• Kwok Ping Tsang & Gregory S. Amacher & Olli-Pekka Kuuselaa, 2013. "Intensity-Based Permit Quotas and the Business Cycle: Does Flexibility Pay Off?," IDB Publications (Working Papers) 83016, Inter-American Development Bank.
• Unbreen Qayyum & Hasan Siftain, 2014. "Governance and the Effectiveness of Foreign Capital," PIDE-Working Papers 2014:98, Pakistan Institute of Development Economics.