Report NEP-MAC-2014-11-17

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:

• Bernd Hayo & Britta Niehof, 2014, "Monetary and Fiscal Policy in Times of Crises: A New Keynesian Perspective in Continuous Time," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 201455.
• Manai Daboussi, Olfa, 2014, "Inflation Targeting As a Monetary Policy Rule: Experience and Prospects," MPRA Paper, University Library of Munich, Germany, number 59336, Sep, revised 14 Oct 2014.
• Andersson, Fredrik N. G. & Jonung, Lars, 2014, "The Return of the Original Phillips curve? An Assessment of Lars E. O. Svensson's Critique of the Riksbank's Inflation Targeting, 1997-2012," Working Papers, Lund University, Department of Economics, number 2014:28, Aug, revised 10 Dec 2015.
• Shujaat Khan & Edward S. Knotek, 2014, "Drifting Inflation Targets and Monetary Stagflation," Working Papers (Old Series), Federal Reserve Bank of Cleveland, number 1426, Nov, DOI: 10.26509/frbc-wp-201426.
• Jianjun Miao & Pengfei Wang & Tao Zha, 2014, "Liquidity Premia, Price-Rent Dynamics, and Business Cycles," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2014-15, Aug.
• Jordi Galí, 2015, "The Effects of a Money-Financed Fiscal Stimulus," Working Papers, Barcelona School of Economics, number 786, Sep.
• Nicolas Cachanosky & Andreas Hoffmann, 2014, "Monetary Policy, the Composition of GDP, and Crisis Duration in Europe," ICER Working Papers, ICER - International Centre for Economic Research, number 08-2014, Oct.
• Lien Laureys, 2014, "Optimal monetary policy in the presence of human capital depreciation during unemployment," Bank of England working papers, Bank of England, number 514, Oct.
• Valdivia, Daney & Pérez, Danyira, 2013, "Dinámica económica y coordinación de políticas fiscal – monetaria en América Latina: Evaluación a través de una DSGE
  [Dynamic economic and coordination on fiscal – monetary policies in Latin América: Evaluation through a DSGE model]," MPRA Paper, University Library of Munich, Germany, number 51562, Oct.
• Augustyniak, Hanna & Łaszek, Jacek & Olszewski, Krzysztof & Waszczuk, Joanna, 2014, "Housing market cycles – a disequilibrium model and its application to the primary housing market in Warsaw," MPRA Paper, University Library of Munich, Germany, number 59018.
• Faul, Joseph & Khumalo, Bridgette & Pashe, Mpho & Khuzwayo, Miranda & Banda, Kamogelo & Jali, Senzo & Myeni, Bathandekile & Pule, Retlaodirela & Mosito, Boitshoko & Jack, Lona-u-Thando & Phiri, Andrew, 2014, "Is South Africa's inflation target too persistent for monetary policy conduct?," MPRA Paper, University Library of Munich, Germany, number 58233, Sep.
• Wesselbaum, Dennis, 2014, "Sectoral Labor Market Effects of Fiscal Spending," MPRA Paper, University Library of Munich, Germany, number 58761, Sep.
• Item repec:dnb:dnbwpp:445 is not listed on IDEAS anymore

• Carvallo, Oscar & Pagliacci, Carolina, 2013, "Macroeconomic Shocks, Housing Market and Banks’ Performance in Venezuela," MPRA Paper, University Library of Munich, Germany, number 58711, revised Jul 2014.
• Buiter, Willem, 2014, "Central Banks: Powerful, Political and Unaccountable?," MPRA Paper, University Library of Munich, Germany, number 59477.
• Ansgar Belke & Timo Baas, 2014, "Labor Market Reforms and Current Account Imbalances – Beggar-thy-neighbor Policies in a Currency Union?," ROME Working Papers, ROME Network, number 201407, Sep.
• David Cook & Michael B. Devereux, 2014, "Exchange rate flexibility under the zero lower bound," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 198, Sep, DOI: 10.24149/gwp198.
• Alexandre Janiaka & Paulo Santos Monteiro, 2014, "Towards a quantitative theory of automatic stabilizers: the role of demographics," Discussion Papers, Department of Economics, University of York, number 14/23, Oct.
• Anil Kumar & Pia M. Orrenius, 2014, "A closer look at the Phillips curve using state-level data," Working Papers, Federal Reserve Bank of Dallas, number 1409, Oct, DOI: 10.24149/wp1409.
• Yashin, Pete, 2014, "The Golden Rule of Capital Accumulation and Global Recession. Aggregate Production Function and the Cambridge Capital Controversy," MPRA Paper, University Library of Munich, Germany, number 58570, Sep.
• Item repec:imf:imfscr:14/311 is not listed on IDEAS anymore

• Acevedo Rueda, Rafael Alexis & Mora Mora, José U. & Harmath Fernández, Pedro Alexander, 2012, "La brecha del producto y el producto potencial en Venezuela: una estimación SVAR
  [Output Gap and Potential GDP in Venezuela: A SVAR Estimation]," MPRA Paper, University Library of Munich, Germany, number 58691, revised 2013.
• Masih, Mansur & AbdulKarim, Fatima, 2014, "Dynamic causal chain of money, output, interest rate, exchange rate and prices: Nigeria as a case study," MPRA Paper, University Library of Munich, Germany, number 58240, Aug.
• Steven Ongena & Ibolya Schindele & Dzsamila Vonnak, 2014, "In Lands of Foreign Currency Credit, Bank Lending Channels Run Through? The Effects of Monetary Policy at Home and Abroad on the Currency Denomination of the Supply of Credit," CERS-IE WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies, number 1424, Oct.
• Guérin, Pierre & Leiva-Leon, Danilo, 2014, "Model Averaging in Markov-Switching Models: Predicting National Recessions with Regional Data," MPRA Paper, University Library of Munich, Germany, number 59361, Oct.
• Kang, Wensheng & Ratti, Ronald A. & Vespignani, Joaquin L., 2014, "Liquidity expansion in China and the U.S. economy," MPRA Paper, University Library of Munich, Germany, number 59338, Aug.
• Ferrari, Massimo, 2014, "The financial meltdown: a model with endogenous default probability," MPRA Paper, University Library of Munich, Germany, number 59419, Jan.
• Jan Klacso, 2014, "Macro Stress Testing Framework at the National Bank of Slovakia," Working and Discussion Papers, Research Department, National Bank of Slovakia, number PP 1/2014, Oct.
• Ratti, Ronald A. & Vespignani, Joaquin L., 2014, "Oil prices and the economy: A global perspective," MPRA Paper, University Library of Munich, Germany, number 59407, Aug.
• Estrada, Fernando & González, Jorge Iván, 2014, "Tax Power and Economics," MPRA Paper, University Library of Munich, Germany, number 59075.
• Hännikäinen, Jari, 2014, "The mortgage spread as a predictor of real-time economic activity," MPRA Paper, University Library of Munich, Germany, number 58360, Sep.
• Song, Edward, 2014, "Technical Innovations and Banking in a Quantum Economy," MPRA Paper, University Library of Munich, Germany, number 58456, Sep.
• Gonul Sengul & Murat Tasci, 2014, "Unemployment Flows, Participation, and the Natural Rate for Turkey," Working Papers (Old Series), Federal Reserve Bank of Cleveland, number 1422, Oct, DOI: 10.26509/frbc-wp-201422.
• Agnieszka Szczypińska, 2014, "Does the halo effect still hold? The (post-) crisis perspective for the euro candidates," MF Working Papers, Ministry of Finance in Poland, number 18, Jan.
• Swastika, Purti & Dewandaru, Ginanjar & Masih, Mansur, 2013, "The Impact of Debt on Economic Growth: A Case Study of Indonesia," MPRA Paper, University Library of Munich, Germany, number 58837, Aug.
• Gonul Sengul & Murat Tasci, 2014, "Unemployment Flows, Participation and the Natural Rate for Turkey," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 1435.
• Nannan Yuan & Shigeyuki Hamori & Wang Chen, 2014, "House Prices and Stock Prices: Evidence from a Dynamic Heterogeneous Panel in China," Discussion Papers, Graduate School of Economics, Kobe University, number 1428, Oct.
• Krawczyk, Jacek B. & Judd, Kenneth L., 2014, "Which economic states are sustainable under a slightly constrained tax-rate adjustment policy," MPRA Paper, University Library of Munich, Germany, number 59027.
• George J. Bratsiotis & William J. Tayler & Roy Zilberman, 2014, "Financial Regulation, Credit and Liquidity Policy and the Business Cycle," Centre for Growth and Business Cycle Research Discussion Paper Series, Economics, The University of Manchester, number 196.
• Aleksander Berentsen & Samuel Huber & Alessandro Marchesiani, 2014, "The societal benefit of a financial transaction tax," ECON - Working Papers, Department of Economics - University of Zurich, number 176, Oct, revised Jul 2016.
• Katharina Glass & Ulrich Fritsche, 2015, "Real-time Macroeconomic Data and Uncertainty," Macroeconomics and Finance Series, University of Hamburg, Department of Socioeconomics, number 201406, Jul.
• Item repec:imf:imfscr:14/302 is not listed on IDEAS anymore

• Saltari, Enrico & Federici, Daniela, 2014, "Elasticity of substitution and the slowdown of the Italian productivity," MPRA Paper, University Library of Munich, Germany, number 58302, Sep.
• Julia, Knolle, 2014, "An Empirical Comparison of Interest and Growth Rates," MPRA Paper, University Library of Munich, Germany, number 59520, Oct.
• Item repec:rza:wpaper:472 is not listed on IDEAS anymore

• Byrne, Joseph P & Korobilis, Dimitris & Ribeiro, Pinho J, 2014, "On the Sources of Uncertainty in Exchange Rate Predictability," MPRA Paper, University Library of Munich, Germany, number 58956, Sep.
• Item repec:imf:imfscr:14/305 is not listed on IDEAS anymore

• Zhijian Wang & Bin Xu, 2014, "Cycling in stochastic general equilibrium," Papers, arXiv.org, number 1410.8432, Oct.
• Ruja, Catalin, 2014, "Macro Stress-Testing Credit Risk in Romanian Banking System," MPRA Paper, University Library of Munich, Germany, number 58244, Jul.
• Maito, Esteban Ezequiel, 2014, "Income distribution, turnover speed and profit rate in Japan, Chile, Netherlands and United States," MPRA Paper, University Library of Munich, Germany, number 59283, Mar.
• Bouoiyour, Jamal & Selmi, Refk, 2014, "The Nexus between Inflation and Inflation Uncertainty via Wavelet Approach: Some Lessons from Egyptian Case," MPRA Paper, University Library of Munich, Germany, number 59560, Oct, revised Oct 2014.
• Markus K. Brunnermeier & Isabel Schnabel, 2014, "Bubbles and Central Banks: Historical Perspectives," Working Papers, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz, number 1411, Oct, revised 31 Oct 2014.
• Raphael A. Auer & Aaron Mehrotra, 2014, "Trade linkages and the globalisation of inflation in Asia and the Pacific," Working Papers, Swiss National Bank, number 2014-05.
• Item repec:dnb:dnbwpp:440 is not listed on IDEAS anymore

• Julie L. Hotchkiss & Robert E. Moore & Fernando Rios-Avila, 2014, "Family Welfare and the Great Recession," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2014-10, Aug.
• Laura Carvalho & Armon Rezai, 2014, "Personal Income Inequality and Aggregate Demand," Working Papers, Department of Economics, University of São Paulo (FEA-USP), number 2014_23, Oct.
• Femke De Keulenaer & Jan-Emmanuel De Neve & Georgios Kavetsos & Michael I. Norton & Bert Van Landeghem & George W. Ward, 2014, "The Asymmetric Experience of Positive and Negative Economic Growth: Global Evidence Using Subjective Well-Being Data," CEP Discussion Papers, Centre for Economic Performance, LSE, number dp1304, Oct.
• William Roberds & Francois R. Velde, 2014, "Early Public Banks," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2014-9, Aug.
• Sebastian Gechert & Ansgar Rannenberg, 2014, "Are Fiscal Multipliers Regime-Dependent? A Meta Regression Analysis," IMK Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute, number 139-2014.
• Michael P. Clements, 2014, "Do US Macroeconomic Forecasters Exaggerate Their Differences?," ICMA Centre Discussion Papers in Finance, Henley Business School, University of Reading, number icma-dp2014-10, Sep.
• Item repec:hhs:bofitp:2014_018 is not listed on IDEAS anymore

• Alonso Ortiz, Jorge, 2014, "Social Security and Retirement across the OECD," MPRA Paper, University Library of Munich, Germany, number 59614, Oct.
• -, Anurag, 2012, "Dollarization:Demand of time or the result of mismanagement of economy," MPRA Paper, University Library of Munich, Germany, number 58619, Nov.
• Takumah, Wisdom, 2014, "The Dynamic Causal Relationship between Government Revenue and Government Expenditure Nexus in Ghana," MPRA Paper, University Library of Munich, Germany, number 58579, Sep.
• Item repec:dgr:uvatin:20140119 is not listed on IDEAS anymore

• Altmann, Markus & Bartzsch, Nikolaus, 2014, "The volume of euro coins held for transaction purposes in Germany," MPRA Paper, University Library of Munich, Germany, number 59542, Aug.
• Swamy, Vighneswara, 2014, "Political Economy of Argentine Sovereign Debt and the Holdouts Problem," MPRA Paper, University Library of Munich, Germany, number 58474.
• Wang, Ping & Xie, Danyang, 2014, "Housing Dynamics: Theory Behind Empirics," MPRA Paper, University Library of Munich, Germany, number 59057, Sep.
• Item repec:imf:imfscr:14/288 is not listed on IDEAS anymore

• Item repec:upd:utppwp:031 is not listed on IDEAS anymore

• Söderlund, Bengt & Gustavsson Tingvall, Patrik, 2014, "Capital Freedom, Financial Development and Provincial Economic Growth in China," Ratio Working Papers, The Ratio Institute, number 234, Oct.
• Eleonora Cutrini and Giorgio Galeazzi, 2014, "Contagion in the Euro crisis: capital flows and trade linkages," Working Papers, Macerata University, Department of Studies on Economic Development (DiSSE), number 44-2014, Oct, revised Nov 2014.
• Asian Development Bank (ADB), 2014, "Purchasing Power Parities and Real Expenditures: A Summary Report," ADB Reports, Asian Development Bank (ADB), number RPT146397-3, Apr, revised 08 Jul 2014.
• Item repec:imf:imfscr:14/314 is not listed on IDEAS anymore

• Varelas, Erotokritos, 2014, "Bank Industry Structure and Public Debt," MPRA Paper, University Library of Munich, Germany, number 58437.
• Constantine, Collin, 2014, "Growth and Distribution: A Guyana Case Study," MPRA Paper, University Library of Munich, Germany, number 58882.
• Kal, Süleyman Hilmi & Arslaner, Ferhat & Arslaner, Nuran, 2013, "Transitional Dynamics of Oil Prices," MPRA Paper, University Library of Munich, Germany, number 56407, Apr.
• Roman Kräussl & Elizaveta Mirgorodskaya, 2014, "News Media Sentiment and Investor Behavior," LSF Research Working Paper Series, Luxembourg School of Finance, University of Luxembourg, number 14-03.
• Miguel Fuentes & Pablo Pincheira & Juan Manuel Julio & Hern�n Rinc�n, 2014, "The effects of intraday foreign exchange market operations in Latin America: results for Chile, Colombia, Mexico and Peru," Borradores de Economia, Banco de la Republica, number 12258, Oct.
• Item repec:sec:bresem:0130 is not listed on IDEAS anymore

• Altmann, Markus & Bartzsch, Nikolaus, 2014, "Der Transaktionskassenbestand von Euro-Münzen in Deutschland
  [The volume of euro coins held for transaction purposes in Germany]," MPRA Paper, University Library of Munich, Germany, number 59545, May.
• Judit Temesváry, 2014, "Explaining the Differences between Local Currency versus FX-denominated Loans and Deposits in the Central-Eastern European Economies," CERS-IE WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies, number 1405, Jan.
• Uluc Asyun & Ralf Hepp, 2014, "A Comparison of the Internal and External Determinants of Global Bank Loans: Evidence from Bilateral Cross- Country Data," Fordham Economics Discussion Paper Series, Fordham University, Department of Economics, number dp2014-08.
• Nagayasu, Jun, 2014, "Regional inflation, spatial location and the Balassa-Samuelson effect," MPRA Paper, University Library of Munich, Germany, number 59220, Sep.
• Nephil Matangi Maskay & Sven Steinkamp & Frank Westermann, 2014, "On Remittances, Foreign Currency Exposure and Credit Constraints: Evidence from Nepal," IEER Working Papers, Institute of Empirical Economic Research, Osnabrueck University, number 101, Oct, revised 25 Jul 2017.
• Kakarot-Handtke, Egmont, 2014, "The Three Fatal Mistakes of Yesterday Economics: Profit, I=S, Employment," MPRA Paper, University Library of Munich, Germany, number 58253, Sep.
• Jan Behringer & Thomas Theobald & Till van Treeck, 2014, "Income and Wealth Distributionin Germany: A Macro-Economic Perspective," IMK Report, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute, number 99e-2014.
• Reiss, Daniel Gersten, 2014, "Invoice Currency in Brazil," MPRA Paper, University Library of Munich, Germany, number 59412, Jul.
• Alonso-Ortiz, Jorge & Leal Ordonez, Julio, 2014, "Cross-subsidies, and the elasticity of informality to social expenditures," MPRA Paper, University Library of Munich, Germany, number 59613, Apr.
• Item repec:imf:imfscr:14/300 is not listed on IDEAS anymore

• Leon, Jorge & Vega, Melissa, 2013, "What is driving the Capital Inflows to Costa Rica? Risk Premium and Interest Rate Differentials," MPRA Paper, University Library of Munich, Germany, number 59215, Nov.
• Felix Lopez Martinez & Engelbert Stockhammer, 2014, "A Post-Keynesian response to Piketty's 'fundamental contradiction of capitalism'," Working Papers, Post Keynesian Economics Society (PKES), number PKWP1411, Oct.
• Item repec:hhs:bofrdp:2014_025 is not listed on IDEAS anymore

• Luminita Stevens, 2014, "Sticky Multiple-Price Policies," 2014 Meeting Papers, Society for Economic Dynamics, number 406.
• David M. Woodruff, 2014, "Governing by Panic: The Politics of the Eurozone Crisis," LEQS – LSE 'Europe in Question' Discussion Paper Series, European Institute, LSE, number 81, Oct.
• Hirbod Assa & Nikolay Gospodinov, 2014, "Hedging and Pricing in Imperfect Markets under Non-Convexity," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2014-13, Aug.
• Masih, Mansur & Majid, Hamdan Abdul, 2013, "Stock Price and Industrial Production in Developing Countries: A Dynamic Heterogeneous Panel Analysis," MPRA Paper, University Library of Munich, Germany, number 58308, Nov.
• Marianne Bitler & Hilary Hoynes & Elira Kuka, 2014, "Child Poverty and the Great Recession in the United States," Papers, Innocenti Working Papers, number inwopa724.
• Item repec:imf:imfscr:14/297 is not listed on IDEAS anymore

• Item repec:stc:stcp5f:2014095f is not listed on IDEAS anymore

• Swamy, Vighneswara & B K, Tulasimala, 2013, "Women Financing and Household Economics," MPRA Paper, University Library of Munich, Germany, number 50351, Sep.
• Kiyoshi Taniguchi & Alika Tuwo, 2014, "New Evidence on the Gender Wage Gap in Indonesia," ADB Economics Working Paper Series, Asian Development Bank, number 404, Oct.
• Takumah, Wisdom, 2014, "Tax Revenue and Economic Growth in Ghana: A Cointegration Approach," MPRA Paper, University Library of Munich, Germany, number 58532, Sep.
• Sonora, Robert, 2014, "Institutions and Economic Performance in Mexican States," MPRA Paper, University Library of Munich, Germany, number 58368, revised 15 Jun 2014.
• Leszczyński, Robert & Olszewski, Krzysztof, 2014, "Panel analysis of home prices in the primary and secondary market in 17 largest cities in Poland," MPRA Paper, University Library of Munich, Germany, number 59017.
• Hakobyan, Lilit, 2014, "Essays on Growth and Political Transition," Umeå Economic Studies, Umeå University, Department of Economics, number 893, Sep.
• Haliassos, Michael & Jansson, Thomas & Karabulut, Yigitcan, 2014, "Incompatible European Partners? Cultural Predispositions and Household Financial Behavior," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 285, Jun, revised 01 Jan 2015.
• Item repec:hhs:bofrdp:2014_018 is not listed on IDEAS anymore

• Cao, Jin & Chollete, Loran, 2014, "Capital Adequacy and Liquidity in Banking Dynamics: Theory and Regulatory Implications," UiS Working Papers in Economics and Finance, University of Stavanger, number 2014/16, Sep.
• Xuan Tam & Eric Young & bo sun, 2014, "Regulatory Intensity, Crash Risk, and the Business Cycle," 2014 Meeting Papers, Society for Economic Dynamics, number 416.
• Litina, Anastasia & Palivos, Theodore, 2014, "Corruption, Tax Evasion and Social Values," MPRA Paper, University Library of Munich, Germany, number 58438, Sep.
• E. Roy Weintraub, 2014, "Introduction: Telling the Story of MIT Economics in the Postwar Period," Center for the History of Political Economy Working Paper Series, Center for the History of Political Economy, number 2014-14.
• Rik de Boer & Rosamaria Bitetti, 2014, "A Revival of the Private Rental Sector of the Housing Market?: Lessons from Germany, Finland, the Czech Republic and the Netherlands," OECD Economics Department Working Papers, OECD Publishing, number 1170, Oct, DOI: 10.1787/5jxv9f32j0zp-en.

Report NEP-MAC-2014-11-17

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: