Report NEP-MAC-2015-01-26

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:

• Item repec:upd:utppwp:039 is not listed on IDEAS anymore

• Item repec:upd:utppwp:041 is not listed on IDEAS anymore

• Jef Boeckx & Maarten Dossche & Gert Peersman, 2014, "Effectiveness and transmission of the ECB’s balance sheet policies," Working Paper Research, National Bank of Belgium, number 275, Dec.
• Gatt, William, 2014, "An evaluation of core inflation measures for Malta," MPRA Paper, University Library of Munich, Germany, number 61250, Nov.
• Le, Vo Phuong Mai & Matthews, Kent & Meenagh, David & Minford, Patrick & Xiao, Zhiguo, 2015, "China s financial crisis the role of banks and monetary policy," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2015/1, Jan.
• Alfonso Ugarte Ruiz, 2015, "Understanding the dichotomy of financial development: credit deepening versus credit excess," Working Papers, BBVA Bank, Economic Research Department, number 1501, Jan.
• Vito Polito & Michael Wickens, 2013, "How the euro crisis evolved and how to avoid another: EMU, fiscal policy and credit ratings," Special Conference Papers, Bank of Greece, number 22, Jul.
• Stefania D'Amico & Athanasios Orphanides, 2014, "Inflation Uncertainty and Disagreement in Bond Risk Premia," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2014-24, Jan.
• Pérez-Forero, Fernando & Vega, Marco, 2014, "The Dynamic Effects of Interest Rates and Reserve Requirements," Working Papers, Banco Central de Reserva del Perú, number 2014-018, Dec.
• Savchenko, Taras & Kozmenko, Serhiy & Piontkovska, Yanina, 2014, "Development and application of the monetary rule for the base interest rate of the National Bank of Ukraine," MPRA Paper, University Library of Munich, Germany, number 61138.
• Michael D. Bordo & Pierre L. Siklos, 2015, "Central Bank Credibility: An Historical and Quantitative Exploration," NBER Working Papers, National Bureau of Economic Research, Inc, number 20824, Jan.
• C.A.E Goodhart, 2013, "Lessons for monetary policy from the euro-area crisis," Special Conference Papers, Bank of Greece, number 17, Jul.
• Ila Patnaik & Madhavi Pundit, 2014, "Is India's Long-Term Trend Growth Declining?," ADB Economics Working Paper Series, Asian Development Bank, number 424, Dec.
• Benjamin Nelson & Gabor Pinter & Konstantinos Theodoridis, 2015, "Do contractionary monetary policy shocks expand shadow banking?," Bank of England working papers, Bank of England, number 521, Jan.
• Stephen Hansen & Michael McMahon & Andrea Prat, 2015, "The dilemma of central bank transparency," CentrePiece - The magazine for economic performance, Centre for Economic Performance, LSE, number 439, Jan.
• Alesina, Alberto & Favero, Carlo & Giavazzi, Francesco, 2014, "The output effect of fiscal consolidation plans," SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE, number 76.
• Punzi, Maria Teresa & Rabitsch, Katrin, 2014, "Investor borrowing heterogeneity in a Kiyotaki-Moore style macro model," FinMaP-Working Papers, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 24.
• Dąbrowski, Marek A. & Wróblewska, Justyna, 2015, "Exchange rate as a shock absorber or a shock propagator in Poland and Slovakia - an approach based on Bayesian SVAR models with common serial correlation," MPRA Paper, University Library of Munich, Germany, number 61441, Jan.
• Giri, Federico, 2014, "Does interbank market matter for business cycle fluctuation? An estimated DSGE model with financial frictions for the Euro area," FinMaP-Working Papers, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 27.
• Amélie Barbier-Gauchard & Thierry Betti & Giuseppe Diana, 2015, "Spillover effects in a monetary union: Why fiscal policy instruments matter?," Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg, number 2015-02.
• Roger E.A. Farmer, 2015, "Global Sunspots and Asset Prices in a Monetary Economy," NBER Working Papers, National Bureau of Economic Research, Inc, number 20831, Jan.
• Barry Eichengreen & Naeun Jung & Stephen Moch & Ashoka Mody, 2013, "The eurozone crisis: phoenix miracle or lost decade?," Special Conference Papers, Bank of Greece, number 25, Jul.
• Valdivia, Daney, 2015, "Handbook on DSGE models: some useful tips in modeling a DSGE models," MPRA Paper, University Library of Munich, Germany, number 61347, Jan.
• Winkelried, Diego, 2014, "Inferring inflation expectations from fixed-event forecasts," Working Papers, Banco Central de Reserva del Perú, number 2014-016, Dec.
• Ulrich van Suntum, , "A Parallel Currency Proposal for the Stronger Euro-States," Working Papers, Institute of Spatial and Housing Economics, Munster Universitary, number 201288.
• Hikaru Saijo, 2014, "The Uncertainty Multiplier and Business Cycles," Working Papers, Tokyo Center for Economic Research, number e067, Jan.
• Item repec:imf:imfscr:14/361 is not listed on IDEAS anymore

• Heather D. Gibson & Theodore Palivos & George S. Tavlas, 2013, "The crisis in the euro area: an analytic overview," Special Conference Papers, Bank of Greece, number 28, Jul.
• André Kallåk Anundsen & Christian Heebøll, 2014, "Supply restrictions, subprime lending and regional US house prices," Working Paper, Norges Bank, number 2014/18, Dec.
• Cosmin Ilut & Matthias Kehrig & Martin Schneider, 2015, "Slow to Hire, Quick to Fire: Employment Dynamics with Asymmetric Responses to News," Working Papers, Center for Economic Studies, U.S. Census Bureau, number 15-02, Jan.
• Schock, Matthias, 2015, "Predicting Economic Activity via Eurozone Yield Spreads: Impact of Credit Risk," Hannover Economic Papers (HEP), Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät, number dp-542, Jan.
• Item repec:imf:imfscr:15/12 is not listed on IDEAS anymore

• Mendoza, Enrique G. & Tesar, Linda L. & Zhang, Jing, 2014, "Saving Europe? The unpleasant arithmetic of fiscal austerity in integrated economies," SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE, number 80.
• Berggren, Niclas & Daunfelt, Sven-Olof & Hellström, Jörgen, 2015, "Does Social Trust Speed up Reforms? The Case of Central-Bank Independence," Working Paper Series, Research Institute of Industrial Economics, number 1053, Jan.
• Luis E. Arango & Lina Cardona-Sosa, 2015, "Consumer credit performance over the business cycle in Colombia: some empirical facts," Borradores de Economia, Banco de la Republica de Colombia, number 861, Jan, DOI: 10.32468/be.861.
• Item repec:imf:imfscr:15/3 is not listed on IDEAS anymore

• Jerome H. Powell, 2014, "Monetary Policy Accommodation, Risk-Taking, and Spillovers : a speech at the Global Research Forum on International Macroeconomics and Finance, Washington, D.C., November 14, 2014," Speech, Board of Governors of the Federal Reserve System (U.S.), number 828, Nov.
• Volodymyr Vysochansky, 2014, "Principles of Monetary System Transformation," Finance, Socionet, number vysochansky_volodymyr.522, Dec.
• Jane Haltmaier, 2014, "Cyclically Adjusted Current Account Balances," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1126, Nov.
• Edouard Challe & Julien Matheron & Xavier Ragot & M.F. Rubio-Ramirez, 2015, "Precautionary Saving and Aggregate Demand," Working papers, Banque de France, number 535.
• Jobst, Clemens & Ugolini, Stefano, 2014, "The coevolution of money markets and monetary policy, 1815-2008," Working Paper Series, European Central Bank, number 1756, Dec.
• John Geanakoplos, 2013, "Leverage, default, and forgiveness: lessons from the American and European crises," Special Conference Papers, Bank of Greece, number 27, Jul.
• Alberto Alesina & Omar Barbiero & Carlo Favero & Francesco Giavazzi & Matteo Paradisi, 2015, "Austerity in 2009-2013," NBER Working Papers, National Bureau of Economic Research, Inc, number 20827, Jan.
• Camilo Morales-Jimenez, 2014, "Information Frictions, Nominal Shocks, and the Role of Inventories in Price-Setting Decisions," 2014 Meeting Papers, Society for Economic Dynamics, number 747.
• Item repec:imf:imfwpa:14/240 is not listed on IDEAS anymore

• Michaël Assous & Olivier Bruno & Muriel Dal-Pont Legrand, 2015, "The Law of Diminishing Elasticity of Demand in Harrod’s Trade Cycle (1936)," GREDEG Working Papers, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France, number 2015-02, Jan.
• Antonio Mele & Krisztina Molnar & Sergio Santoro, 2015, "On the perils of stabilizing prices when agents are learning," School of Economics Discussion Papers, School of Economics, University of Surrey, number 0215, Feb.
• Tetsuo Ono & Yuki Uchida, 2014, "Pensions, Education, and Growth: A Positive Analysis," Discussion Papers in Economics and Business, Osaka University, Graduate School of Economics, number 14-37, Dec.
• Item repec:imf:imfscr:14/360 is not listed on IDEAS anymore

• Maurice Obstfeld, 2015, "Trilemmas and trade-offs: living with financial globalisation," BIS Working Papers, Bank for International Settlements, number 480, Jan.
• Seok-Kyun Hur, 2014, "Government Spending and Inclusive Growth in Developing Asia," ADB Economics Working Paper Series, Asian Development Bank, number 415, Nov.
• Item repec:imf:imfscr:15/2 is not listed on IDEAS anymore

• Martin S. Feldstein, 2015, "Ending the Euro Crisis?," NBER Working Papers, National Bureau of Economic Research, Inc, number 20862, Jan.
• Andrzej Jedruchniewicz, 2014, "Polityka pieniezna a inwestycje w polskiej gospodarce," Working Papers, Institute of Economic Research, number 31/2014, Dec, revised Dec 2014.
• Knut Are Aastveit & Francesco Ravazzolo & Herman K. van Dijk, 2014, "Combined Density Nowcasting in an uncertain economic environment," Working Paper, Norges Bank, number 2014/17, Dec.
• Pablo Guerron-Quintana, 2014, "Liquidity, Trends, and the Great Recession," 2014 Meeting Papers, Society for Economic Dynamics, number 751.
• Peter Klenow & Ben Malin & Mark Bils, 2014, "Are Labor or Product Markets to Blame for Recessions?," 2014 Meeting Papers, Society for Economic Dynamics, number 715.
• Anella Munro & Benjamin Wong, 2014, "Monetary Policy and Funding Spreads," Reserve Bank of New Zealand Analytical Notes series, Reserve Bank of New Zealand, number AN2014/07, Dec.
• Marta Gómez-Puig & Simón Sosvilla-Rivero & Manish K. Singh, 2015, "Sovereigns and banks in the euro area: A tale of two crises," Working Papers, Asociación Española de Economía y Finanzas Internacionales, number 15-01, Jan.
• Megersa, Kelbesa & Cassimon, Danny, 2014, "Public debt, economic growth and public sector management in developing countries: is there a link?," IOB Working Papers, Universiteit Antwerpen, Institute of Development Policy (IOB), number 2014.11, Dec.
• Barrera, Carlos, 2014, "La relación entre los ciclos discretos en la inflación y el crecimiento: Perú 1993 - 2012," Working Papers, Banco Central de Reserva del Perú, number 2014-024, Dec.
• Vincent Brousseau & Kleopatra Nikolaou & Huw Pill, 2014, "Modeling Money Market Spreads: What Do We Learn about Refinancing Risk?," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2014-112, Nov.
• Niebel, Thomas, 2014, "ICT and economic growth: Comparing developing, emerging and developed countries," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 14-117.
• George Provopoulos, 2013, "The Greek Economy and Banking System: Recent Developments and the Way Forward," Special Conference Papers, Bank of Greece, number 14, Jul.
• Lang, Michael & Schröder, Michael, 2014, "What drives the demand of monetary financial institutions for domestic government bonds? Empirical evidence on the impact of Basel II and Basel III," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 14-123.
• Etienne Lalé, 2015, "Turbulence and the Employment Experience of Older Workers," Bristol Economics Discussion Papers, School of Economics, University of Bristol, UK, number 15/652, Jan, revised 13 Jul 2016.
• Laura Puglisi, 2014, "Fiscal Devaluations in the Euro Area: What has been done since the crisis?," Taxation Papers, Directorate General Taxation and Customs Union, European Commission, number 47, Oct.
• Malgorzata Olszak & Mateusz Pipien & Sylwia Roszkowska & Iwona Kowalska, 2014, "The effects of capital on bank lending in large EU banks – the role of procyclicality, income smoothing, regulations and supervision," Faculty of Management Working Paper Series, University of Warsaw, Faculty of Management, number 52014, Dec.
• Item repec:esx:essedp:755 is not listed on IDEAS anymore

• Vladimir Yankov, 2014, "In Search of a Risk-free Asset," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2014-108, Aug.
• Christopher Sims & Marco Del Negro, 2014, "When does a central bank's balance sheet require fiscal support?," 2014 Meeting Papers, Society for Economic Dynamics, number 763.
• Michał Brzeziński, 2015, "Inequality of opportunity in Europe before and after the Great Recession," Working Papers, Faculty of Economic Sciences, University of Warsaw, number 2015-02.
• Camille Cornand & Rodolphe Dos Santos Ferreira, 2015, "Playing the game the others want to play: Keynes’ beauty contest revisited," Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg, number 2015-01.
• Ojo, Marianne, 2015, "Revisions to the simpler approaches to operational risk: the need for enhanced disclosures and risk sensitive measures," MPRA Paper, University Library of Munich, Germany, number 61329, Jan.
• Lahura, Erick & Vega, Marco, 2014, "Stock market development and real economic activity in Peru," Working Papers, Banco Central de Reserva del Perú, number 2014-022, Dec.
• Gianni Toniolo & Eugene N. White, 2015, "The Evolution of the Financial Stability Mandate: From Its Origins to the Present Day," NBER Working Papers, National Bureau of Economic Research, Inc, number 20844, Jan.
• Mathieu Taschereau-Dumouchel & Edouard Schaal, 2014, "Coordination Capital," 2014 Meeting Papers, Society for Economic Dynamics, number 723.
• Arkadiusz Borowiec, 2014, "A model assessing innovativeness of administra-tion units awarding public contracts as a tool to conduct economic policy of the state," Working Papers, Institute of Economic Research, number 25/2014, Dec, revised Dec 2014.
• Leonardo Gambacorta & Anamaria Illes & Marco Jacopo Lombardi, 2014, "Has the transmission of policy rates to lending rates been impaired by the Global Financial Crisis?," BIS Working Papers, Bank for International Settlements, number 477, Dec.
• Auboin, Marc & Blengini, Isabella, 2014, "The impact of Basel III on trade finance: The potential unintended consequences of the leverage ratio," WTO Staff Working Papers, World Trade Organization (WTO), Economic Research and Statistics Division, number ERSD-2014-02, DOI: 10.30875/c77d1984-en.
• François Geerolf & Thomas Grjebine, 2014, "Assessing House Price Effects on Unemployment Dynamics," Working Papers, CEPII research center, number 2014-25, Dec.
• Sunanda Sen & Zico DasGupta, 2015, "Financialization and Corporate Investments: The Indian Case," Economics Working Paper Archive, Levy Economics Institute, number wp_828, Jan.
• Thomas B. King & Kurt F. Lewis, 2014, "What Drives Bank Funding Spreads?," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2014-23, Nov.
• Laetitia Chaix & Dominique Torre, 2015, "The Dual Role of Mobile Payment in Developing Countries," GREDEG Working Papers, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France, number 2015-01, Jan.
• Soldatos, Gerasimos T., 2015, "Five Paragraphs on the Common Political Economy of Abrahamic Religions; Shorter version: Three Paragraphs on the Common Economics of Abrahamic Religions, Contribuciones a la Economía, 2015, Jan. issue," MPRA Paper, University Library of Munich, Germany, number 59445.
• Sensoy, Ahmet & Hacihasanoglu, Erk & Rostom, Ahmed, 2015, "European economic and monetary union sovereign debt markets," Policy Research Working Paper Series, The World Bank, number 7149, Jan.
• Christopher M. Meissner, 2015, "The Limits of Bimetallism," NBER Working Papers, National Bureau of Economic Research, Inc, number 20852, Jan.
• Sérgio Wulff Gobetti, 2014, "Regras Fiscais no Brasil e na Europa: Um Estudo Comparativo e Propositivo," Discussion Papers, Instituto de Pesquisa Econômica Aplicada - IPEA, number 2018, Dec.
• Horacio Sapriza & Emircan Yurdagul & Juan Sanchez, 2014, "Sovereign default and the choice of maturity," 2014 Meeting Papers, Society for Economic Dynamics, number 799.
• Item repec:vuw:vuwecf:3761 is not listed on IDEAS anymore

• Bhavani, T.A. & Bhanumurthy, N.R., 2015, "Financial Access - Measurement and Determinants: A Case Study of Unorganised Manufacturing Enterprises in India," Working Papers, National Institute of Public Finance and Policy, number 15/143, Jan.
• Andrés M. Velasco & Camilo A. Cárdenas Hurtado, 2015, "A Macro CGE Model for the Colombian Economy," Borradores de Economia, Banco de la Republica de Colombia, number 863, Jan, DOI: 10.32468/be.863.
• Eisei Ohtaki, 2013, "Asymmetric Liquidity Shocks and Optimality of the Freidman Rule," Working Papers, Tokyo Center for Economic Research, number e058, Aug.
• Chletsos, Michael & Giotis, Georgios P., 2015, "The impact of minimum wage on employment in an economic downturn using data from 17 OECD countries for the period 1985-2008," MPRA Paper, University Library of Munich, Germany, number 61323, Jan.
• Item repec:dnb:dnbwpp:454 is not listed on IDEAS anymore

• de Grauwe, Paul & Ji, Yuemei, 2015, "Market sentiments and the sovereign debt crisis in the Eurozone," FinMaP-Working Papers, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 28.
• Eran Yashiv, 2015, "Capital Values and Job Values," Discussion Papers, Centre for Macroeconomics (CFM), number 1502, Jan.
• Berg, Ernst & Huffaker, Ray, 2014, "What drives the German hog price cyle? Diagnostic modelling of a nonlinear dynamic system," 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia, European Association of Agricultural Economists, number 182822, Aug, DOI: 10.22004/ag.econ.182822.
• Item repec:imf:imfscr:15/13 is not listed on IDEAS anymore

• Anna Cudowska-Sojko, 2014, "Globalny kryzys gospodarczy a zadluzenie Polski," Working Papers, Institute of Economic Research, number 27/2014, Dec, revised Dec 2014.
• Felipe Rezende, 2015, "Why Does Brazil's Banking Sector Need Public Banks? What Should BNDES Do?," Economics Working Paper Archive, Levy Economics Institute, number wp_825, Jan.
• Schmid, Günther, 2015, "Youth Unemployment in India: From a European and Transitional Labour Market Point of View," IZA Policy Papers, Institute of Labor Economics (IZA), number 95, Jan.
• L. Randall Wray, 2015, "Minsky on Banking: Early Work on Endogenous Money and the Prudent Banker," Economics Working Paper Archive, Levy Economics Institute, number wp_827, Jan.
• Xue-Zhong He & Kai Li & Youwei Li, 2015, "Optimal Time Series Momentum," Research Paper Series, Quantitative Finance Research Centre, University of Technology, Sydney, number 353, Jan.
• Harold L. Cole & Jeremy Greenwood & Juan M. Sanchez, 2015, "Why Doesn't Technology Flow from Rich to Poor Countries?," NBER Working Papers, National Bureau of Economic Research, Inc, number 20856, Jan.
• Bernardo Batiz & Andrew Smith, 2014, "From Hierarchy to Market: the Changing Industrial Organization of Epistemic Communities During Hong Kongs Transition to a Cashless Society (1965-2005)," Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales), number 14003, Aug.
• Yutaka Suzuki, 2014, "Centralization, Decentralization and Incentive Problems in Eurozone Financial Governance: A Contract Theory Analysis," Working Papers, Tokyo Center for Economic Research, number e072, Feb.
• Item repec:imf:imfscr:15/9 is not listed on IDEAS anymore

• Senay, Acikgöz & Mert, Merter, 2015, "The endogeneity of the natural rate of growth: An alternative approach," Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel), number 2015-2.
• Ganeshan Wignaraja & Yothin Jinjarak, 2015, "Why Do SMEs Not Borrow More from Banks? Evidence from the People's Republic of China and Southeast Asia," ADBI Working Papers, Asian Development Bank Institute, number 509, Jan.
• Croonenbroeck, Carsten & Ambach, Daniel, 2014, "Censored spatial wind power prediction with random effects," Discussion Papers, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics, number 362.
• Takushi Kurozumi & Willem Van Zandweghe, 2014, "A pitfall of expectational stability analysis," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 14-7, Oct.
• Damien BROUSSOLLE, 2014, "Tertiarisation revisited in the perspective of Hill's views on services, with some insights on EU and France," Working Papers of LaRGE Research Center, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg, number 2014-08.
• Grazyna Wolska, 2014, "The review of theories of mainstream economics on the example of economic models," Working Papers, Institute of Economic Research, number 53/2014, Dec, revised Dec 2014.
• Валентина Михайловна Бондаренко, , "Переход К Бескризисному Развитию: Миф Или Реальность?
  [Transition to Crisis-Free Development: a Myth or Reality?]," Working papers, Institute of Economics, number a:pbo590:21.
• Item repec:feu:wfeppr:y:2015:m:1:d:0:i:19 is not listed on IDEAS anymore

Report NEP-MAC-2015-01-26

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: