Report NEP-MAC-2015-03-22

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:

• Kollintzas, Tryphon & Tsoukalas, Konstantinos, 2015, "Bank and Sovereign Risk Interdependence in the Euro Area," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10485, Mar.
• Item repec:hhs:bofitp:2015_009 is not listed on IDEAS anymore

• Riccardo M. Masolo & Francesca Monti, 2015, "Monetary Policy with Ambiguity Averse Agents," Discussion Papers, Centre for Macroeconomics (CFM), number 1506, Mar.
• Weale, Martin & Wieladek, Tomasz, 2015, "What are the macroeconomic effects of asset purchases?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10495, Mar.
• Jiranyakul, Komain, 2015, "Oil price shocks and domestic inflation in Thailand," MPRA Paper, University Library of Munich, Germany, number 62797, Mar.
• Juliane M. Begenau, 2015, "Capital Requirements, Risk Choice, and Liquidity Provision in a Business Cycle Model," Harvard Business School Working Papers, Harvard Business School, number 15-072, Mar, revised Sep 2016.
• Sargent, Thomas & Ljungqvist, Lars, 2015, "The Fundamental Surplus in Matching Models," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10489, Mar.
• Brent Meyer & Murat Tasci, 2015, "Lessons for forecasting unemployment in the United States: use flow rates, mind the trend," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2015-1, Feb.
• Tomáš Heryán & Iveta Palečková & Nemanja Radić, 2015, "Comparison of monetary policy effects on lending channel in EMU and non-EMU countries: Evidence from period 1999-2012," Working Papers, Silesian University, School of Business Administration, number 0003, Mar.
• Marc Giannoni & Bruce Preston & Stefano Eusepi, 2014, "The Limits of Monetary Policy Under Imperfect Knowledge," 2014 Meeting Papers, Society for Economic Dynamics, number 1383.
• Alexander Mihailov & Katrin Ullrich, 2015, "Institution Design for Macroeconomic Policy," Economics Discussion Papers, Department of Economics, University of Reading, number em-dp2015-01, Feb.
• Andrew J. Filardo, Pierre L. Siklos, 2015, "Prolonged Reserves Accumulation, Credit Booms, Asset Prices and Monetary Policy in Asia," LCERPA Working Papers, Laurier Centre for Economic Research and Policy Analysis, number 0086, Feb, revised 01 Feb 2015.
• Mirko Wiederholt, 2014, "Empirical Properties of Inflation Expectations and the Zero Lower Bound," 2014 Meeting Papers, Society for Economic Dynamics, number 1407.
• Elmar Mertens & James M Nason, 2015, "Inflation and Professional Forecast Dynamics: An Evaluation of Stickiness, Persistence, and Volatility," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2015-06, Mar.
• Benedetto Molinari & Francesco Turino, 2015, "Advertising and Aggregate Consumption: A Bayesian DSGE Assessment," Working Papers, Universidad Pablo de Olavide, Department of Economics, number 15.02, Mar.
• Charpe, Matthieu & Flaschel, Peter & Hartmann, Florian & Malikane, Christopher, 2014, "Segmented Labor Markets and the Distributive Cycle: A Roadmap towards Inclusive Growth," MPRA Paper, University Library of Munich, Germany, number 62832, Apr.
• Olteanu, Dan, 2014, "Creditless Recovery In Eastern Europe," Working Papers of National Institute for Economic Research, Institutul National de Cercetari Economice (INCE), number 141212, Dec.
• Luís Aguiar-Conraria & Pedro Brinca & Haukur Viðar Guðjónsson & Maria Joana Soares, 2015, "Optimum Currency Area and Business Cycle Synchronization Across U.S. States," NIPE Working Papers, NIPE - Universidade do Minho, number 1/2015.
• Christina D. Romer & David H. Romer, 2015, "New Evidence on the Impact of Financial Crises in Advanced Countries," NBER Working Papers, National Bureau of Economic Research, Inc, number 21021, Mar.
• Keqing Liu, 2015, "Bank Equity and Macroprudential Policy," Discussion Papers, University of Exeter, Department of Economics, number 1503.
• Dodig, Nina & Herr, Hansjörg, 2015, "Theories of finance and financial crisis: Lessons for the Great Recession," IPE Working Papers, Berlin School of Economics and Law, Institute for International Political Economy (IPE), number 48/2015.
• António Afonso & João Tovar Jalles, 2015, "Fiscal Sustainability: A Panel Assessment for Advanced Economies," Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa, number 2015/05, Mar.
• António Afonso, & Jorge Caiado, & Miguel St. Aubyn, 2015, "The macro impact of the Portuguese Constitutional Court decisions regarding the budgetary proposals of the Portuguese Budget Law (2012, 2013, 2014)," Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa, number 2015/06, Mar.
• Tomohiro Kinoshita, 2015, "Revisiting Bank of Japan’s Policy Duration Commitment: Impact, Consequences and Challenges," GRIPS Discussion Papers, National Graduate Institute for Policy Studies, number 14-25, Mar.
• Huiping Yuan & Stephen M. Miller, 2014, "Target Controllability and Time Consistency: Complement to the Tinbergen Rule," Working Papers, University of Nevada, Las Vegas , Department of Economics, number 1401, Dec.
• Sophie Guilloux-Nefussi, 2015, "Globalization, Market Structure and the Flattening of the Phillips Curve," Working papers, Banque de France, number 539.
• Luba Petersen & Guidon Fenig, 2015, "Distributing scarce jobs and output: Experimental evidence on the effects of rationing," Discussion Papers, Department of Economics, Simon Fraser University, number dp15-02, Mar.
• Joshua Aizenman & Eduardo Cavallo & Ilan Noy, 2015, "Precautionary Strategies and Household Saving," NBER Working Papers, National Bureau of Economic Research, Inc, number 21019, Mar.
• Syed, Munawar-Shah & Mariani, Abdul-Majid & Syed, Hussain-Shah, 2014, "Assessing Fiscal Sustainability for SAARC and IMT-GT Countries," MPRA Paper, University Library of Munich, Germany, number 62815, revised 2014.
• Fernando Tenjo Galarza & Enrique L�pez Enciso & H�ctor Z�rate Solano, 2015, "Riesgo de cr�dito y la transmisi�n de la pol�tica monetaria en Colombia," Borradores de Economia, Banco de la Republica, number 12616, Mar.
• Alberto G. Musalem, 2015, "U.S. macroeconomic and regulatory developments and emerging market economies," Speech, Federal Reserve Bank of New York, number 159, Mar.
• Balleer, Almut & Gehrke, Britta & Merkl, Christian, 2015, "Some Surprising Facts about Working Time Accounts and the Business Cycle," IZA Discussion Papers, Institute of Labor Economics (IZA), number 8890, Feb.
• Item repec:hhs:bofitp:2015_008 is not listed on IDEAS anymore

• Mariarosaria Comunale, 2015, "Euro-Dollar Polarization and Heterogeneity in Exchange Rate Pass-Throughs Within the Euro Zone," CEIS Research Paper, Tor Vergata University, CEIS, number 333, Mar, revised 13 Mar 2015.
• Alaaabed, Alaa & Masih, Mansur, 2014, "Finance-growth nexus: insights from an application of threshold regression model to Malaysia’s dual financial system," MPRA Paper, University Library of Munich, Germany, number 62990, Jun.
• Bhatt Hakhu, Antra & Piergallini, Alessandro & Scaramozzino, Pasquale, 2014, "Public Capital Expenditure and Debt Dynamics: Evidence from the European Union," MPRA Paper, University Library of Munich, Germany, number 62827.
• Nicolas Carnot & Franciso de Castro, 2015, "The discretionary fiscal effort: an assessment of fiscal policy and its output effect," European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 543, Feb.
• Hang Bai & Kewei Hou & Howard Kung & Lu Zhang, 2015, "The CAPM Strikes Back? An Investment Model with Disasters," NBER Working Papers, National Bureau of Economic Research, Inc, number 21016, Mar.
• Item repec:hhs:bofitp:2015_006 is not listed on IDEAS anymore

• Amat Adarov & Vasily Astrov & Serkan Çiçek & Rumen Dobrinsky & Vladimir Gligorov & Doris Hanzl-Weiss & Peter Havlik & Mario Holzner & Gabor Hunya & Sebastian Leitner & Isilda Mara & Olga Pindyuk & Leo, 2015, "A Time of Moderate Expectations," wiiw Forecast Reports, The Vienna Institute for International Economic Studies, wiiw, number Spring2015, Mar.
• Engelbert Stockhammer & Rafael Wildauer, 2015, "Debt-driven growth? Wealth, distribution and demand in OECD countries," Working Papers, Post Keynesian Economics Society (PKES), number PKWP1503, Mar.
• Jenny Tang, 2014, "Uncertainty and the Signaling Channel of Monetary Policy," 2014 Meeting Papers, Society for Economic Dynamics, number 1316.
• Philippe Andrade & Christophe Cahn & Henri Fraisse & Jean-Stéphane Mésonnier, 2015, "Can the Provision of Long-Term Liquidity Help to Avoid a Credit Crunch? Evidence from the Eurosystem's LTROs," Working papers, Banque de France, number 540.
• Michael P Clements, 2014, "Assessing the Evidence of Macro- Forecaster Herding: Forecasts of Inflation and Output Growth," ICMA Centre Discussion Papers in Finance, Henley Business School, University of Reading, number icma-dp2014-12, Oct.
• Kakarot-Handtke, Egmont, 2015, "Essentials of Constructive Heterodoxy: Employment," MPRA Paper, University Library of Munich, Germany, number 62795, Mar.
• Crocker, Geoff, 2015, "The Economic Necessity of Basic Income," MPRA Paper, University Library of Munich, Germany, number 62941, Mar.
• Herz, Benedikt & van Rens, Thijs, 2015, "Accounting for Mismatch Unemployment," IZA Discussion Papers, Institute of Labor Economics (IZA), number 8884, Feb.
• Jean-Paul L'Huillier & William R. Zame, 2015, "The Flattening of the Phillips Curve and the Learning Problem of the Central Bank," EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF), number 1503, revised Oct 2014.
• Fernando Tenjo Galarza & Enrique López Enciso & Héctor Zárate Solano, 2015, "Riesgo de crédito y la transmisión de la política monetaria en Colombia," Borradores de Economia, Banco de la Republica de Colombia, number 872, Mar, DOI: 10.32468/be.872.
• Giorgio Canarella & Stephen M. Miller & Stephen K. Pollard, 2014, "Unemployment Rate Hysteresis and the Great Recession: Exploring the Metropolitan Evidence," Working Papers, University of Nevada, Las Vegas , Department of Economics, number 1403, Dec.
• Randall Wright & Guido Menzio & Kenneth Burdett, 2014, "A Simple Model of Price Dispersion and Price Rigidity," 2014 Meeting Papers, Society for Economic Dynamics, number 1413.
• Hippolyte d’Albis & Ekrame Boubtane & Dramane Coulibaly, 2015, "Immigration Policy and Macroeconomic Performance in France," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2015-5.
• H. Evren Damar & Césaire Meh & Yaz Terajima, 2015, "Effects of Funding Portfolios on the Credit Supply of Canadian Banks," Staff Working Papers, Bank of Canada, number 15-10, DOI: 10.34989/swp-2015-10.
• Pierre-Richard Agénor & K. Alper & L. Pereira da Silva, 2015, "Sudden Floods, Macroprudential Regulation and Stability in an Open Economy," Centre for Growth and Business Cycle Research Discussion Paper Series, Economics, The University of Manchester, number 203.
• Catalina Granda & Franz Hamann, 2015, "Informality, Saving and Wealth Inequality," Borradores de Economia, Banco de la Republica, number 12621, Mar.
• Luca Gambetti, 2014, "Noisy News in Business Cycles," 2014 Meeting Papers, Society for Economic Dynamics, number 1406.
• Michael Gelman & Shachar Kariv & Matthew D. Shapiro & Dan Silverman & Steven Tadelis, 2015, "How Individuals Respond to a Liquidity Shock: Evidence from the 2013 Government Shutdown," NBER Working Papers, National Bureau of Economic Research, Inc, number 21025, Mar.
• Giancarlo Bertocco & Andrea Kalajzic, 2014, "The liquidity preference theory: a critical analysis," Economics and Quantitative Methods, Department of Economics, University of Insubria, number qf1402, Jan.
• Sheila Dow & Guðrún Johnsen & Alberto Montagnoli, 2015, "A critique of full reserve banking," Working Papers, The University of Sheffield, Department of Economics, number 2015008, Mar.
• Item repec:hhs:bofitp:2015_007 is not listed on IDEAS anymore

• Lumengo Bonga-Bonga & Rangan Gupta & Charl Jooste, 2015, "The Macroeconomic Effects of Uncertainty Shocks in India," Working Papers, University of Pretoria, Department of Economics, number 201516, Mar.
• Vincent Bignon & R gis Breton & Mariana Rojas Breu, 2015, "Monetary Union with A Single Currency and Imperfect Credit Market Integration," Working papers, Banque de France, number 541.
• Georgescu, George, 2015, "Argentina’s sovereign debt default: a critical view," MPRA Paper, University Library of Munich, Germany, number 62800, Mar.
• Gustafsson, Peter & Stockhammar, Pär & Österholm, Pär, 2015, "Macroeconomic Effects of a Decline in Housing Prices in Sweden," Working Papers, National Institute of Economic Research, number 138, Mar.
• Jürgen K. Zattler, 2015, "The Debate on Growing Inequality – Implications for Developing Countries and International Co-operation," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers, Courant Research Centre PEG, number 169, Mar.
• Joshua C.C. Chan, 2015, "The Stochastic Volatility in Mean Model with Time-Varying Parameters: An Application to Inflation Modeling," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2015-07, Mar.
• Michael Bordo & Harold James, 2015, "Capital Flows and Domestic and International Order: Trilemmas from Macroeconomics to Political Economy and International Relations," NBER Working Papers, National Bureau of Economic Research, Inc, number 21017, Mar.
• Keshav Dogra & Olga Gorbachev, 2015, "Consumption Volatility, Liquidity Constraints and Household Welfare," Working Papers, University of Delaware, Department of Economics, number 15-05.
• Ashley Lienert & David Gillmore, 2015, "The Reserve Bank's method of estimating "potential output"," Reserve Bank of New Zealand Analytical Notes series, Reserve Bank of New Zealand, number AN2015/01, Mar.
• Beatrice D. Simo-Kengne & Stephen M. Miller & Rangan Gupta, 2014, "Evolution of the Monetary Transmission Mechanism in the US: The Role of Asset Returns," Working Papers, University of Nevada, Las Vegas , Department of Economics, number 1405, Dec.
• Ali Ozdagli, 2014, "Financial Frictions and Reaction of Stock Prices to Monetary Policy Shocks," 2014 Meeting Papers, Society for Economic Dynamics, number 1360.
• Beatrice D. Simo-Kengne & Stephen M. Miller & Rangan Gupta & Goodness C. Aye, 2014, "Time-Varying Effects of Housing and Stock Prices on U.S. Consumption," Working Papers, University of Nevada, Las Vegas , Department of Economics, number 1404, Dec.
• Omri, Anis & Daly, Saida & Rault, Christophe & Chaibi, Anissa, 2015, "Financial Development, Environmental Quality, Trade and Economic Growth: What Causes What in MENA Countries," IZA Discussion Papers, Institute of Labor Economics (IZA), number 8868, Feb.
• David Hernando Morales Álvarez, 2015, "Ciclos económicos de Colombia entre 1975 y 2012: factores internos y externos," Econógrafos, Escuela de Economía, Universidad Nacional de Colombia, FCE, CID, number 12623, Mar.
• Item repec:vuw:vuwecf:4198 is not listed on IDEAS anymore

• Marta Lachowska & Michal Myck, 2015, "The Effect of Public Pension Wealth on Saving and Expenditure," Upjohn Working Papers, W.E. Upjohn Institute for Employment Research, number 15-223, Feb.
• Ana Fostel & John Geanakoplos, 2013, "Financial Innovation, Collateral and Investment," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University, number 1903R, Jul, revised Mar 2015.
• Martha A. Starr, 2015, "The Economics of Ethical Consumption," Working Papers, American University, Department of Economics, number 2015-01, DOI: 10.17606/fyyp-8622.
• Maia Güell & Michele Pellizzari & Giovanni Pica & José V. Rodríguez Mora, 2015, "Correlating Social Mobility and Economic Outcomes," CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, number 394, Mar, revised 27 Jul 2016.
• Pau Rabanal & Juan F. Rubio-Ramírez, 2015, "Can International Macroeconomic Models Explain Low-Frequency Movements of Real Exchange Rates?," Working Papers, FEDEA, number 2015-04, Mar.
• Item repec:dnb:dnbwpp:466 is not listed on IDEAS anymore

• Antón Arturo & Leal-Ordoñez Julio C., 2015, "Aggregate Effects of a Universal Social Insurance Fiscal Reform," Working Papers, Banco de México, number 2015-04, Feb.
• Boriss Siliverstovs, 2015, "Dissecting the purchasing managers' index," KOF Working papers, KOF Swiss Economic Institute, ETH Zurich, number 15-376, Mar, DOI: 10.3929/ethz-a-010402982.
• Ernesto Screpanti, 2015, "The Demise of Marx’s Labour Theory of Value and the ‘New Interpretation’: A Recap Note," Department of Economics University of Siena, Department of Economics, University of Siena, number 708, Mar.
• Soldatos, Gerasimos T., 2015, "Tax Aversion, Laffer Curve, and the Self-financing of Tax Cuts," MPRA Paper, University Library of Munich, Germany, number 62470, May.
• Armin Steinbach, 2015, "The Mutualisation of Sovereign Debt: Comparing the American Past and the European Present," Discussion Paper Series of the Max Planck Institute for Behavioral Economics, Max Planck Institute for Behavioral Economics, number 2015_02, Jan.
• Tsangyao Chang & Xiao-lin Li & Stephen M. Miller & Mehmet Balcilar & Rangan Gupta, 2014, "The Co-Movement and Causality between the U.S. Real Estate and Stock Markets in the Time and Frequency Domains," Working Papers, University of Nevada, Las Vegas , Department of Economics, number 1402, Dec.
• Geloso, Vincent & Kufenko, Vadim, 2015, "Malthusian pressures: Empirical evidence from a frontier economy," Violette Reihe: Schriftenreihe des Promotionsschwerpunkts "Globalisierung und Beschäftigung", University of Hohenheim, Carl von Ossietzky University Oldenburg, Evangelisches Studienwerk, number 42/2015.
• Eijffinger, S.C.W. & Mahieu, R.J. & Raes, L.B.D., 2015, "Hawks and Doves at the FOMC," Discussion Paper, Tilburg University, Center for Economic Research, number 2015-013.
• Carluccio, Juan & Fougère, Denis & Gautier, Erwan, 2015, "Trade, Wages, and Collective Bargaining: Evidence from France," IZA Discussion Papers, Institute of Labor Economics (IZA), number 8894, Feb.
• Bebel, Arkadiusz, 2014, "Low Versus High Leverage (LVH)," MPRA Paper, University Library of Munich, Germany, number 62889, Nov, revised 08 Nov 2014.
• Fabrizio Perri, 2014, "Inequality, Recessions and Recoveries," 2014 Meeting Papers, Society for Economic Dynamics, number 1377.
• Tumen, Semih, 2015, "Skill Acquisition in the Informal Economy and Schooling Decisions: Evidence from Emerging Economies," MPRA Paper, University Library of Munich, Germany, number 62909, Mar.
• Judzik, Dario, 2014, "Heterogeneous labor demand: sectoral elasticity and trade effects in the U.S., Germany and Sweden," MPRA Paper, University Library of Munich, Germany, number 62768, May.

Report NEP-MAC-2015-03-22

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: