Report NEP-MAC-2015-02-11

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:

• Cizkowicz, Piotr & Rzonca, Andrzej & Trzeciakowski, Rafal, 2015, "Membership in the Euro area and fiscal sustainability. Analysis through panel fiscal reaction functions," MPRA Paper, University Library of Munich, Germany, number 61560, Jan.
• Fabio Milani, 2014, "Sentiment and the U.S. Business Cycle," 2014 Meeting Papers, Society for Economic Dynamics, number 883.
• Alisdair McKay & Emi Nakamura & Jón Steinsson, 2015, "The Power of Forward Guidance Revisited," NBER Working Papers, National Bureau of Economic Research, Inc, number 20882, Jan.
• Matthew J. Bloomfield & Ulf Brüggemann & Hans B. Christensen & Christian Leuz, 2015, "The Effect of Regulatory Harmonization on Cross-border Labor Migration: Evidence from the Accounting Profession," NBER Working Papers, National Bureau of Economic Research, Inc, number 20888, Jan.
• Arnoud Stevens, 2015, "Optimal monetary policy response to endogenous oil price fluctuations," Working Paper Research, National Bank of Belgium, number 277, Jan.
• Barrera-Chaupis, Carlos, 2014, "La relación entre los ciclos discretos en la inflación y el crecimiento: Perú 1993-2012
  [The relationship between inflation's and growth's discrete cycles: Peru 1993-2012]," MPRA Paper, University Library of Munich, Germany, number 60959, Dec.
• Alberto Petrucci, 2015, "Pure Rent Taxation and Growth in a Two-Sector Open Economy," Working Papers CELEG, Dipartimento di Economia e Finanza, LUISS Guido Carli, number 1501.
• Wenli Li & Haiyong Liu & Fang Yang & Rui Yao, 2015, "Housing over time and over the life cycle: a structural estimation," Working Papers, Federal Reserve Bank of Philadelphia, number 15-4, Jan.
• Chun-Hung Kuo & Hiroaki Miyamoto, 2015, "Fiscal Stimulus and Unemployment Dynamics," Working Papers, Kochi University of Technology, School of Economics and Management, number SDES-2015-10, Jan, revised Jan 2015.
• Yeva Nersisyan, 2015, "The Repeal of the Glass-Steagall Act and the Federal Reserve's Extraordinary Intervention during the Global Financial Crisis," Economics Working Paper Archive, Levy Economics Institute, number wp_829, Jan.
• Ivan Mendieta-Muñoz, 2014, "Is there any relationship between the rates of interest and profit in the U.S. economy?," Studies in Economics, School of Economics, University of Kent, number 1416, Dec.
• Schang, Laura & Morton, Alec & DaSilva, Philip & Bevan, Gwyn, 2014, "From data to decisions?: exploring how healthcare payers respond to the NHS atlas of variation in healthcare in England," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 50496, Jan.
• Holman, Nancy, 2014, "Ben Clifford and Mark Tewdwr-Jones (2013), The Collaborating Planner?: Practitioners in the Neoliberal Age. Bristol: Policy Press. 288 pp., £70, hbk, 9781447305118," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 55822, Jul.
• Christodoulakis, Nicos, 2014, "The conflict trap in the Greek Civil War 1946-1949: an economic approach," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 56228, Mar.
• Gerba, Eddie & Pikoulakis, Emmanuel V. & Wisniewski, Tomasz Piotr, 2014, "Structural models of the wage curve estimated by panel data and cross-section regressions," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 56395, Feb.
• Item repec:ehl:lserod:56406 is not listed on IDEAS anymore

• Sgouropoulos, Nikolaos & Yao, Qiwei & Yastremiz, Claudia, 2015, "Matching a distribution by matching quantiles estimation," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 57221, Jun.
• Monastiriotis, Vassilis, 2014, "(When) does austerity work? On the conditional link between fiscal austerity and debt sustainability," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 57615, Jun.
• Dunleavy, Patrick & Kippin, Sean & Suss, Joel, 2014, "Transitioning to a new Scottish state: immediate set-up costs, how the handover will work, and the long-run viability of Scottish government," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 57708, Jun.
• Fitzgerald, Amanda & Lupton, Ruth, 2014, "Hard times, new directions? The impact of local government spending cuts in London (interim report summary)," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 58043, Jan.
• Hansen, Stephen & McMahon, Michael & Prat, Andrea, 2014, "Transparency and deliberation within the FOMC: a computational linguistics approach," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 58072, Jun.
• Haberis, Alex & Sokol, Andrej, 2014, "A procedure for combining zero and sign restrictions in aVAR-identification scheme," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 58077, Jun.
• Riley, Rebecca & Rosazza Bondibene, Chiara & Young, Garry, 2014, "Productivity dynamics in the Great Stagnation: evidence from British businesses," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 58108, May.
• Ngai, L. Rachel & Petrongolo, Barbara, 2014, "Gender gaps and the rise of the service economy," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 58152, Apr.
• Den Haan, Wouter J., 2014, "Inventories and the role of goods-market frictions for business cycles," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 58231, Dec.
• Garriga, Carlos & Kydland, Finn E. & Šustek, Roman, 2013, "Mortgages and monetary policy," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 58248, Dec.
• Sterk, Vincent & Tenreyro, Silvana, 2013, "The transmission of monetary policy operations through redistributions and durable purchases," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 58311, Nov.
• Item repec:ehl:lserod:60219 is not listed on IDEAS anymore

• Hansen, Stephen & McMahon, Michael & Prat, Andrea, 2014, "Transparency and deliberation within the FOMC: a computational linguistics approach," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 60287, Jun.
• Koenig, Felix & Manning, Alan & Petrongolo, Barbara, 2014, "Reservation wages and the wage flexibility puzzle," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 60613, Dec.
• Item repec:ehl:lserod:60776 is not listed on IDEAS anymore

• Masahiro Kawai, 2015, "International Spillovers of Monetary Policy: US Federal Reserve's Quantitative Easing and Bank of Japan's Quantitative and Qualitative Easing," ADBI Working Papers, Asian Development Bank Institute, number 512, Jan.
• Luksz Goczek, 2015, "Semi-strong informational efficiency in the Polish foreign exchange market," Working Papers, Institute of Economic Research, number 4/2015, Jan, revised Jan 2015.
• Daniel Melser & Iqbal A. Syed, 2014, "Life Cycle Price Trends and Product Replacement: Implications for the Measurement of Inflation," Discussion Papers, School of Economics, The University of New South Wales, number 2014-40, Dec.
• V. V. Chari & Lawrence J. Christiano, 2014, "The Optimal Extraction of Exhaustible Resources," Economic Policy Paper, Federal Reserve Bank of Minneapolis, number 14-5, Dec.
• Verónica Acurio Vasconez & Gaël Giraud & Florent Mc Isaac & Ngoc Sang Pham, 2014, "The Effects of Oil Price Shocks in a New-Keynesian Framework with Capital Accumulation," Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, number 14099, Dec.
• Olivier Allain, 2014, "Macroeconomic effects of consumer debt: three theoretical essays," Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, number 14087, Dec.
• Paolo Pini & Roberto Romano, 2015, "Europa si, Euro no? Le prospettive che abbiamo di fronte," Working Papers, University of Ferrara, Department of Economics, number 2015014, Jan.
• Razmi, Arslan, 2015, "The limits to wage-led growth in a low-income economy," UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics, number 2015-01.
• Mazhar, Ummad & Jafri, Juvaria, 2014, "Does an informal sector reduce the economic dividends of political stability? Empirical evidence," MPRA Paper, University Library of Munich, Germany, number 60764.
• Efrem Castelnuovo & Luca Fanelli, 2014, "Monetary Policy Indeterminacy and Identification Failures in the U.S.: Results from a Robust Test," "Marco Fanno" Working Papers, Dipartimento di Scienze Economiche "Marco Fanno", number 0183, Jul.
• Quadrini, Vincenzo & Meh, Césaire A. & Terajima, Yaz, 2015, "Limited Nominal Indexation of Optimal Financial Contracts," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10330, Jan.
• Lettau, Martin & Ludvigson, Sydney & Ma, Sai, 2015, "Capital Share Risk and Shareholder Heterogeneity in U.S. Stock Pricing," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10335, Jan.
• Kilian, Lutz & Inoue, Atsushi & Guerron-Quintana, Pablo A., 2014, "Impulse Response Matching Estimators for DSGE Models," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10298, Dec.
• Suarez, Javier & Derviz, Alexis & Nikolov, Kalin & Clerc, Laurent & Mendicino, Caterina & Stracca, Livio & Vardoulakis, Alexandros & Moyen, Stéphane, 2014, "Capital Regulation in a Macroeconomic Model with Three Layers of Default," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10316, Dec.
• Gambetti, Luca & De Giorgi, Giacomo, 2014, "Business Cycle Fluctuations and the Distribution of Consumption," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10319, Dec.
• Luis A Gil-Alana & Christophe André & Rangan Gupta & Tsangyao Chang & Omid Ranjbar, 2015, "The Feldstein-Horioka Puzzle in South Africa: A Fractional Cointegration Approach," Working Papers, University of Pretoria, Department of Economics, number 201501, Jan.
• Amjad, Rashid & Din, Musleh ud, 2014, "Pakistan Economy: Caught in a Maelstrom," MPRA Paper, University Library of Munich, Germany, number 61668.
• Alberto Martin & Jaume Ventura, 2015, "The international transmission of credit bubbles: theory and policy," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1465, Jan, revised Sep 2015.
• Grüning, Patrick, 2016, "International endogenous growth, macro anomalies, and asset prices," SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE, number 83, revised 2016, DOI: 10.2139/ssrn.2554286.
• Ambrogio Cesa-Bianchi & Luis Cespedes & Alessandro Rebucci, 2015, "Global liquidity, house prices and the macroeconomy: evidence from advanced and emerging economies," Bank of England working papers, Bank of England, number 522, Jan.
• Juliana �vila V�lez & �lvaro Jos� Pinz�n Giraldo, 2015, "�Est�n sincronizados los ciclos econ�micos en Latinoam�rica?," Borradores de Economia, Banco de la Republica, number 12438, Jan.
• Schmitt, Noemi & Westerhoff, Frank, 2015, "Managing rational routes to randomness," BERG Working Paper Series, Bamberg University, Bamberg Economic Research Group, number 96.
• De Koning, Kees, 2015, "The evil force of borrowing and the weakness of Quantitative Easing," MPRA Paper, University Library of Munich, Germany, number 61970, Feb.
• Item repec:dnb:dnbwpp:455 is not listed on IDEAS anymore

• Lukas Vogel, 2014, "Structural reforms at the zero bound," European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 537, Nov.
• Alessandro Girardi & Andreas Reuter & Christian Gayer, 2014, "The role of survey data in nowcasting euro area GDP growth," European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 538, Dec.
• Janos Varga & Jan in 't Veld, 2014, "The potential growth impact of structural reforms in the EU. A benchmarking exercise," European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 541, Dec.
• Sandy Manrique Parra & Santiago Castillo Acu�a, 2014, "Paridad del Poder Adquisitivo en Colombia: Análisis comparativo de los periodos pre y post crisis del 2008," Documentos de Trabajo, Universidad Católica de Colombia, number 12421, Dec.
• 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, number 12389, Jan.
• Theodore R. Breton, 2014, "Development Accounting: Conceptually Flawed and Inconsistent with Empirical Evidence," Documentos de Trabajo de Valor Público, Universidad EAFIT, number 12435, Aug.
• Item repec:feu:wfewop:y:2015:m:1:d:0:i:79 is not listed on IDEAS anymore

• Item repec:feu:wfewop:y:2015:m:1:d:0:i:80 is not listed on IDEAS anymore

• Paolo Gelain & Kevin J. Lansing & Gisele J. Natvik, 2015, "Explaining the Boom-Bust Cycle in the U.S. Housing Market: A Reverse-Engineering Approach," Working Paper Series, Federal Reserve Bank of San Francisco, number 2015-2, Jan, DOI: 10.24148/wp2015-02.
• Alfonso Irarrazabal & Juan Carlos Parra-Alvarez, 2015, "Time-varying disaster risk models: An empirical assessment of the Rietz-Barro hypothesis," CREATES Research Papers, Department of Economics and Business Economics, Aarhus University, number 2015-08, Feb.
• Alfredo Marvão Pereira & Rui M. Pereira, 2016, "Identifying Priorities in Infrastructure Investment in Portugal," Working Papers, Economics Department, William & Mary, number 157, Feb.
• Celio Feltrin & Bernardo Guimaraes, 2015, "Time-dependent or state-dependent pricing? Evidence from a large devaluation episode," Discussion Papers, Centre for Macroeconomics (CFM), number 1504, Jan.
• Eyster, Erik & Madarász, Kristóf & Michaillat, Pascal, 2015, "Preferences for fair prices, cursed inferences, and the nonneutrality of money," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 60845, Feb.
• Michael U. Krause & Thomas A. Lubik, 2014, "Modeling Labor Markets in Macroeconomics: Search and Matching," Working Paper, Federal Reserve Bank of Richmond, number 14-19, Dec.
• Fatih Guvenen & Fatih Karahan & Serdar Ozkan & Jae Song, 2015, "What Do Data on Millions of U.S. Workers Reveal about Life-Cycle Earnings Dynamics?," Staff Reports, Federal Reserve Bank of New York, number 710, Feb.
• Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2014, "Noisy information, distance and law of one price dynamics across US cities," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 216, Nov, DOI: 10.24149/gwp216.
• Kan Chen & Mario J. Crucini, 2014, "Trends and cycles in small open economies: making the case for a general equilibrium approach," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 217, Nov, DOI: 10.24149/gwp217.
• Georgios Georgiadis & Arnaud Mehl, 2015, "Trilemma, not dilemma: financial globalisation and Monetary policy effectiveness," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 222, Jan, DOI: 10.24149/gwp222.
• Chi-Young Choi & Horag Choi, 2014, "The role of two frictions in geographic price dispersion: when market friction meets nominal rigidity," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 219, Dec, DOI: 10.24149/gwp219.
• David Andolfatto & Fernando M. Martin & Shengxing Zhang, 2015, "Rehypothecation and Liquidity," Working Papers, Federal Reserve Bank of St. Louis, number 2015-3, Feb, DOI: 10.20955/wp.2015.003.
• Satyajit Chatterjee & Burcu Eyigungor, 2015, "A seniority arrangement for sovereign debt," Working Papers, Federal Reserve Bank of Philadelphia, number 15-7, Jan.
• Lenno Uuskula, 2015, "Firm turnover and inflation dynamics," Bank of Estonia Working Papers, Bank of Estonia, number wp2015-01, Feb, revised 03 Feb 2015.
• Hyunjoo Ryou & Cristina Terra, 2015, "Exchange Rate Dynamics under Financial Market Frictions," Thema Working Papers, THEMA (Théorie Economique, Modélisation et Applications), CY Cergy-Paris University, ESSEC and CNRS, number 2015-03.
• Gabrieli, Silvia & Georg, Co-Pierre, 2014, "A network view on interbank market freezes," Discussion Papers, Deutsche Bundesbank, number 44/2014.
• Gieck, Jana, 2014, "Unconventional monetary policy in an open economy," Discussion Papers, Deutsche Bundesbank, number 41/2014.
• Flodberg, Caroline & Österholm, Pär, 2015, "A Statistical Analysis of Revisions of Swedish National Accounts Data," Working Papers, National Institute of Economic Research, number 136, Feb.
• Item repec:hhs:bofrdp:2015_002 is not listed on IDEAS anymore

• Stan, Darius, 2014, "Business environment analysis of Romania," MPRA Paper, University Library of Munich, Germany, number 61761, Nov.
• Gunaratna, Thakshila, 2014, "Differences in monetary policies between two hypothetical closed economies:one which is concerned with avoiding a large negative output gap and the other which is not," MPRA Paper, University Library of Munich, Germany, number 61826, Oct, revised 03 Feb 2015.
• Kaya, Ayşe & Şen, Hüseyin, 2015, "Taxes and Private Consumption Expenditure: A Component Based Analysis for Turkey," MPRA Paper, University Library of Munich, Germany, number 61857, Feb, revised 20 Jan 2015.
• Leonardo Villar & Felipe Castro & David Forero & Juan Mauricio Ram�rez, 2014, "Evaluación de la contribución económica del sector de hidrocarburos colombiano frente a diversos escenarios de producción," Informes de Investigación, Fedesarrollo, number 12501, Dec.
• Tomas Adam & Miroslav Plasil, 2014, "The Impact of Financial Variables on Czech Macroeconomic Developments: An Empirical Investigation," Working Papers, Czech National Bank, Research and Statistics Department, number 2014/11, Dec.
• Pranjul Bhandari & Jeffrey A. Frankel, 2015, "Nominal GDP Targeting for Developing Countries," NBER Working Papers, National Bureau of Economic Research, Inc, number 20898, Jan.
• Andrea Bastianin & Matteo Manera, 2015, "How Does Stock Market Volatility React to Oil Shocks?," Working Papers, Fondazione Eni Enrico Mattei, number 2014.110, Jan.
• Kiminori Matsuyama & Iryna Sushko & Laura Gardini, 2015, "Globalization and synchronization of innovation cycles," Gecomplexity Discussion Paper Series, Action IS1104 "The EU in the new complex geography of economic systems: models, tools and policy evaluation", number 9, Feb, revised Feb 2015.
• Hans-Michael Trautwein, 2015, "Some International Aspects of Business Cycles: Neisser, Haberler and Modern Open Economy Macroeconomics," ZenTra Working Papers in Transnational Studies, ZenTra - Center for Transnational Studies, number 46 / 2015, Feb.
• Daniel H. Cooper & J. Christina Wang, 2014, "Student loan debt and economic outcomes," Current Policy Perspectives, Federal Reserve Bank of Boston, number 14-7, Oct.
• Michelle L. Barnes & Giovanni P. Olivei, 2014, "The forecasting power of consumer attitudes for consumer spending," Working Papers, Federal Reserve Bank of Boston, number 14-10, Oct.
• Bo Zhao, 2014, "Saving for a rainy day: estimating the appropriate size of U.S. state budget stabilization funds," Working Papers, Federal Reserve Bank of Boston, number 14-12, Oct.
• Item repec:hhs:bofrdp:2015_001 is not listed on IDEAS anymore

• Item repec:hhs:bofitp:2015_002 is not listed on IDEAS anymore

• Stephen B. Kaplan, 2014, "Political Economy of Macroeconomic Policymaking: Economic Crises and Technocratic Governance," Working Papers, The George Washington University, Institute for International Economic Policy, number 2014-18, Jul.

Report NEP-MAC-2015-02-11

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: