Report NEP-MAC-2015-06-20

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:

• Alain Monfort & Fulvio Pegoraro & Jean-Paul Renne & G. Roussellet, 2015, "Staying at Zero with Affine Processes: An Application to Term Structure Modelling," Working papers, Banque de France, number 558.
• José Manuel Madeira Belbute, 2015, "Assessing core inflation indicators: evidence for Angola," CEFAGE-UE Working Papers, University of Evora, CEFAGE-UE (Portugal), number 2015_01.
• José Manuel Madeira Belbute, 2015, "Measuring persistence in inflation: evidence for Angola," CEFAGE-UE Working Papers, University of Evora, CEFAGE-UE (Portugal), number 2015_02.
• Item repec:cfe:wpcefa:2015_06 is not listed on IDEAS anymore

• Michael Funke & Petar Mihaylovski & Haibin Zhu, 2015, "Monetary Policy Transmission in China: A DSGE Model with Parallel Shadow Banking and Interest Rate Control," Working Papers, Hong Kong Institute for Monetary Research, number 122015, May.
• Hirano, Tomohiro & Inaba, Masaru & Yanagawa, Noriyuki, 2015, "Asset Bubbles and Bailouts," HIT-REFINED Working Paper Series, Institute of Economic Research, Hitotsubashi University, number 19, May.
• Halicioglu, Ferda & Yolac, Sema, 2015, "Testing the impact of unemployment on self-employment: empirical evidence from OECD countries," MPRA Paper, University Library of Munich, Germany, number 65026.
• Piotr Denderski & Christian Stoltenberg, 2015, "On Positive Value of Information in Risk Sharing," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 15-074/VI, Jun.
• Thierry BETTI & Thomas COUDERT, 2015, "How can the labor market accounts for the effectiveness of fiscal policy over the business cycle?," Working Papers of LaRGE Research Center, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg, number 2015-06.
• Krzysztof Makarski & Joanna Tyrowicz, 2015, "Political (In)Stability of Social Security Reform," Working Papers, Faculty of Economic Sciences, University of Warsaw, number 2015-21.
• Olivier Loisel, 2015, "The Implementation of Stabilization Policy," Working papers, Banque de France, number 556.
• Jeffrey C. Fuhrer, 2015, "Expectations as a source of macroeconomic persistence: an exploration of firms' and households' expectation formation," Working Papers, Federal Reserve Bank of Boston, number 15-5, May.
• Lucy Qian Liu & Liang Wang & Randall Wright, 2015, "Costly Credit and Sticky Prices," Working Papers, University of Hawaii at Manoa, Department of Economics, number 201505, Jun.
• Carlos Rodríguez Braun, 2015, "Piketty misreads Austen and ignores Smith
  [Piketty malinterpreta a Jane Austen e ignora a Adam Smith]," Documentos de trabajo de la Facultad de Ciencias Económicas y Empresariales, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, number 15-04, Apr.
• Juan Pablo Mateo Tomé, 2015, "The contradictory path of the capital accumulation process in Spain under the Euro," Economics Discussion Papers, School of Economics, Kingston University London, number 2015-3, Jun.
• Jari Hännikäinen, 2014, "Zero lower bound, unconventional monetary policy and indicator properties of interest rate spreads," Working Papers, Tampere University, Faculty of Management and Business, Economics, number 1495, Jun.
• Jari Hännikäinen, 2014, "The mortgage spread as a predictor of real-time economic activity," Working Papers, Tampere University, Faculty of Management and Business, Economics, number 1496, Sep.
• Jari Hännikäinen, 2013, "Zero Lower Bound and Indicator Properties of Interest Rate Spreads," Working Papers, Tampere University, Faculty of Management and Business, Economics, number 1390, Oct.
• Alicia Garcia-Herrero & Eric Girardin & Arnoldo Lopez Marmolejo, 2015, "Mexico’s monetary policy communication and money markets," Working Papers, BBVA Bank, Economic Research Department, number 1515, May.
• Alicia Garcia-Herrero & Eric Girardin & Enestor Dos Santos, 2015, "Follow what I do and also what I say: monetary policy impact on Brazil’s financial markets," Working Papers, BBVA Bank, Economic Research Department, number 1512, May.
• Uribe, Martín & Schmitt-Grohé, Stephanie, 2015, "How Important Are Terms Of Trade Shocks?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10655, Jun.
• Ventura, Jaume & Voth, Hans-Joachim, 2015, "Debt into Growth: How Sovereign Debt accelerated the First Industrial Revolution," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10652, Jun.
• Cecilia Dassatti & Natalia Mariño, 2014, "Maduración del Sistema Previsional. Proyecciones y agenda," Documentos de trabajo, Banco Central del Uruguay, number 2014003.
• Rodrigo Lluberas, 2014, "How people pay in Uruguay: the role of transaction characteristics," Documentos de trabajo, Banco Central del Uruguay, number 2014005.
• Gerardo Licandro & Miguel Mello, 2014, "Firm Inflation Expectations and Monetary Policy in Uruguay," Documentos de trabajo, Banco Central del Uruguay, number 2014006.
• Ojo, Marianne, 2015, "Harmonising Hayek and Posner: revisiting Posner, Hayek & the economic analysis of Law," MPRA Paper, University Library of Munich, Germany, number 65086, Jun.
• Oliver Denk & Alexandre Cazenave-Lacroutz, 2015, "Household finance and income inequality in the euro area," OECD Economics Department Working Papers, OECD Publishing, number 1226, Jun, DOI: 10.1787/5js04v5wh9zs-en.
• Oliver Denk & Boris Cournède, 2015, "Finance and income inequality in OECD countries," OECD Economics Department Working Papers, OECD Publishing, number 1224, Jun, DOI: 10.1787/5js04v5jm2hl-en.
• Bluhm, Richard & Thomsson, Kaj, 2015, "Ethnic divisions, political institutions and the duration of declines: A political economy theory of delayed recovery," Hannover Economic Papers (HEP), Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät, number dp-556, May.
• Sophie BOUTILLIER & Dimitri UZUNIDIS, 2015, "De la société salariale à la société entrepreneuriale. Une analyse critique
  [From the salarial to the entrepreneurial society: A critical analysis]," Working Papers, Réseau de Recherche sur l’Innovation. / Research Network on Innovation, number 16.
• Felix Strobel, , "Fiscal Retrenchment and Sovereign Risk," BDPEMS Working Papers, Berlin School of Economics, number 2015007.
• Kamiar Mohaddes & M. Hashem Pesaran, 2015, "Country-Specific Oil Supply Shocks and the Global Economy: A Counterfactual Analysis," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 1516, Jun.
• Opoku, Richard Takyi & Ackah, Ishmael, 2015, "How responsive are private savings to changes in real interest rate in Ghana?," MPRA Paper, University Library of Munich, Germany, number 65040, Jun.
• Freeman, Alan, 2015, "Heavens above: what equilibrium means for economics. With an appendix on temporality, equilibrium, endogeneity and exogeneity, in the inductive sciences and in economics," MPRA Paper, University Library of Munich, Germany, number 65045, Jun, revised 14 Jun 2015.
• Stoian, Andreea & Obreja Brasoveanu, Laura & Dumitrescu, Bogdan & Brasoveanu, Iulian, 2015, "Empirical study on the determinants of fiscal vulnerability: evidence for the European Union," MPRA Paper, University Library of Munich, Germany, number 65063, May.
• Adrijana Vukovic, Goran Djokovic, Danilo Roncevic, 2015, "The Necessity Of Solving The Youth Unemployment," Ekonomika, Journal for Economic Theory and Practice and Social Issues, „Ekonomika“ Society of Economists, Niš (Serbia), number 2015-01, Mar.
• William Dudley, 2015, "The U.S. economic and monetary policy outlook," Speech, Federal Reserve Bank of New York, number 172, Jun.
• Simona Malovana, 2015, "Foreign Exchange Interventions at the Zero Lower Bound in the Czech Economy: A DSGE Approach," Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, number 2015/13, May, revised May 2015.
• Luca Guerrieri & Matteo Iacoviello, 2015, "Collateral constraints and macroeconomic asymmetries," NBP Working Papers, Narodowy Bank Polski, number 202.
• Aurelijus Dabusinskas & István Kónya & Stephen Millard, 2015, "How does labour market structure affect the response of economies to shocks?," CERS-IE WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies, number 1516, Apr.
• Ozge Akinci & Jane Olmstead-Rumsey, 2015, "How Effective are Macroprudential Policies? An Empirical Investigation," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1136, Jun, DOI: 10.17016/IFDP.2015.1136.
• Chan-Guk Huh, 2015, "Normalization of unconventional US monetary policy and its implications: Korea?s monetary policy case," Proceedings of International Academic Conferences, International Institute of Social and Economic Sciences, number 2504115, Jun.
• Chang Min Lee & Hahn Shik LEE, 2015, "Improving the Predictive Power of Spreads for Economic Activity: Decomposition Methods," Proceedings of International Academic Conferences, International Institute of Social and Economic Sciences, number 2503528, Jun.
• Nicholas Buffie, 2015, "Measuring Recovery: Why the Prime-Age EPOP Ratio Tells Us to Not Raise Interest Rates," CEPR Reports and Issue Briefs, Center for Economic and Policy Research (CEPR), number 2015-15, Jun.
• Item repec:hhs:bofitp:2015_019 is not listed on IDEAS anymore

• Romain Baeriswyl & Camille Cornand, 2015, "The distortionary effect of monetary policy : credit expansion vs. lump-sum transfers in the lab," Working Papers, Groupe d'Analyse et de Théorie Economique Lyon St-Etienne (GATE Lyon St-Etienne), Université de Lyon, number 1516.
• Dejan Kovacevic, 2015, "Empirical Evidence for the Bank Lending Channel in Bosnia and Herzegovina: Does Lending Differ Between Large and Small Banks?," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 10-2015, Mar.
• Diego Vílchez, 2015, "Assessing the House Price Dynamics in Lima," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 09-2015, Mar.
• Kascha, Christian & Trenkler, Carsten, 2015, "Forecasting VARs, model selection, and shrinkage," Working Papers, University of Mannheim, Department of Economics, number 15-07.
• Bernd Hayo & Edith Neuenkirch, 2015, "The Influence of Media Use on Laymen’s Monetary Policy Knowledge in Germany," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 201511.
• Annette Meinusch & Peter Tillmann, 2015, "Quantitative Easing and Tapering Uncertainty: Evidence from Twitter," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 201509.
• Arthur B. Kennickell & Myron L. Kwast & Jonathan Pogach, 2015, "Small Businesses and Small Business Finance during the Financial Crisis and the Great Recession: New Evidence From the Survey of Consumer Finances," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2015-39, Feb, DOI: 10.17016/FEDS.2015.039.
• Sergey E. Pekarski, 2015, "Tight Money and the Sustainability of Public Debt," HSE Working papers, National Research University Higher School of Economics, number WP BRP 95/EC/2015.
• Andrea Salustri & Federica Viganò, 2015, "Human development and well-being during the great recession. The non-profit sector as a capability enhancing workplace," BEMPS - Bozen Economics & Management Paper Series, Faculty of Economics and Management at the Free University of Bozen, number BEMPS27, Jun.
• filippo gori, 2014, "Banking Integration and Fragmentation in the Interest Rate Channel," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 05-2015, Mar, revised 18 Sep 2014.
• Scrimgeour, Dean & Gorry, James, 2015, "Using Engel Curves to Estimate CPI Bias for the Elderly," Working Papers, Department of Economics, Colgate University, number 2015-03, Jun, revised 08 Jun 2015.
• Benoît Carmichael & Jean Armand Gnagne & Kevin Moran, 2015, "Securities Transactions Taxes and Financial Crises," CIRANO Working Papers, CIRANO, number 2015s-23, Jun.
• Federico M. Bandi & Benoit Perron & Andrea Tamoni & Claudio Tebaldi, 2015, "The scale of predictability," CIRANO Working Papers, CIRANO, number 2015s-21, May.
• Matthew Jaremski & David C. Wheelock, 2015, "Banker Preferences, Interbank Connections, and the Enduring Structure of the Federal Reserve System," Working Papers, Federal Reserve Bank of St. Louis, number 2015-11, Jun, DOI: 10.20955/wp.2015.011.
• Christopher L. Foote, 2015, "Did abnormal weather affect U.S. employment growth in early 2015?," Current Policy Perspectives, Federal Reserve Bank of Boston, number 15-2, Jun.
• Lorenzo Burlon & Andrea Gerali & Alessandro Notarpietro & Massimiliano Pisani, 2015, "Inflation, financial conditions and non-standard monetary policy in a monetary union. A model-based evaluation," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1015, Jun.
• Giacomo Sbrana & Andrea Silvestrini & Fabrizio Venditti, 2015, "Short term inflation forecasting: the M.E.T.A. approach," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1016, Jun.
• Fabio Busetti & Claire Giordano & Giordano Zevi, 2015, "Main drivers of the recent decline in Italy�s non-construction investment," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 276, Jun.
• Piergiorgio Alessandri & Pierluigi Bologna & Roberta Fiori & Enrico Sette, 2015, "A note on the implementation of the countercyclical capital buffer in Italy," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 278, Jun.
• António Afonso & João Tovar Jalles, 2015, "Markups’ Cyclical Behavior: The role of Demand and Supply Shocks," Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa, number 2015/08, May.
• Homburg, Stefan, 2015, "Understanding Benign Liquidity Traps: The Case of Japan," Hannover Economic Papers (HEP), Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät, number dp-557, Jun.
• Ashima Goyal & Shruti Tripathi, 2015, "Stability and transitions in emerging market policy rules," Indira Gandhi Institute of Development Research, Mumbai Working Papers, Indira Gandhi Institute of Development Research, Mumbai, India, number 2015-003, Feb.
• Ashima Goyal & Shruthi Tripathi, 2015, "Separating shocks from cyclicality in Indian aggregate supply," Indira Gandhi Institute of Development Research, Mumbai Working Papers, Indira Gandhi Institute of Development Research, Mumbai, India, number 2015-006, Mar.
• Ashima Goyal, 2015, "Financial stability: Underlining context," Indira Gandhi Institute of Development Research, Mumbai Working Papers, Indira Gandhi Institute of Development Research, Mumbai, India, number 2015-014, May.
• Boris Kaiser & Michael Siegenthaler, 2015, "The Skill-Biased Effects of Exchange Rate Fluctuations," KOF Working papers, KOF Swiss Economic Institute, ETH Zurich, number 15-385, Jun, DOI: 10.3929/ethz-a-010479940.
• Amita Majumder & Ranjan Ray, 2015, "Estimates of Spatial Prices in India and their Sensitivity to Alternative Estimation Methods and Choice of Items," Monash Economics Working Papers, Monash University, Department of Economics, number 11-15, Feb.
• Arayssi, Mahmoud, 2014, "Nominal Income and Inflation Targeting," MPRA Paper, University Library of Munich, Germany, number 62066, Jun.
• Tapia, Jose, 2015, "Profits encourage investment, investment dampens profits, government spending does not prime the pump — A DAG investigation of business-cycle dynamics," MPRA Paper, University Library of Munich, Germany, number 64985, revised Jun 2015.
• Ledenyov, Dimitri O. & Ledenyov, Viktor O., 2015, "General information product theory in economics science," MPRA Paper, University Library of Munich, Germany, number 64991, Jun.
• Das, Abhishek & Gupta, Gautam, 2015, "Inflation Expectation Decision and Saving Decision in Heterogeneously Endowed Overlapping Generation Model: An Experimental Evidence from Laboratory," MPRA Paper, University Library of Munich, Germany, number 65007, Jun.
• Mordecai Kurz, 2015, "Stabilizing Wage Policy," Discussion Papers, Stanford Institute for Economic Policy Research, number 15-007, May.
• Deniz Aydin, 2015, "The Marginal Propensity to Consume out of Liquidity," Discussion Papers, Stanford Institute for Economic Policy Research, number 15-010, Jun.
• MAVEYRAUD Samuel, 2015, "The international contagion of short-run interest rates during the Great Depression," Cahiers du GREThA (2007-2019), Groupe de Recherche en Economie Théorique et Appliquée (GREThA), number 2015-11.
• Yuko Imura & Julia Thomas, 2015, "Productive Misallocation and International Transmission of Credit Shocks," Staff Working Papers, Bank of Canada, number 15-19, DOI: 10.34989/swp-2015-19.
• Warren E. Weber, 2015, "Government and Private E-Money-Like Systems: Federal Reserve Notes and National Bank Notes," Staff Working Papers, Bank of Canada, number 15-18, DOI: 10.34989/swp-2015-18.
• Ashraf, Ayesha, 2015, "The Effects of Greenfield FDI and Cross-Border M&As on Government Size," MPRA Paper, University Library of Munich, Germany, number 65061, Jun.
• Nicola Gennaioli & Yueran Ma & Andrei Shleifer, 2015, "Expectations and Investment," NBER Working Papers, National Bureau of Economic Research, Inc, number 21260, Jun.
• Fernando Ferreira & Joseph Gyourko, 2015, "A New Look at the U.S. Foreclosure Crisis: Panel Data Evidence of Prime and Subprime Borrowers from 1997 to 2012," NBER Working Papers, National Bureau of Economic Research, Inc, number 21261, Jun.
• Mariacristina De Nardi & Eric French & John B. Jones, 2015, "Savings After Retirement: A Survey," NBER Working Papers, National Bureau of Economic Research, Inc, number 21268, Jun.
• Marina Azzimonti, 2015, "Partisan Conflict and Private Investment," NBER Working Papers, National Bureau of Economic Research, Inc, number 21273, Jun.
• Ormerod, Paul, 2015, "The economics of radical uncertainty," Economics Discussion Papers, Kiel Institute for the World Economy, number 2015-40.
• Dow, Sheila, 2015, "Uncertainty: A diagrammatic treatment," Economics Discussion Papers, Kiel Institute for the World Economy, number 2015-36.
• Frydman, Roman & Goldberg, Michael D. & Mangee, Nicholas, 2015, "Knightian uncertainty and stock-price movements: Why the REH present-value model failed empirically," Economics Discussion Papers, Kiel Institute for the World Economy, number 2015-38.
• Tröger, Tobias H., 2015, "Regulatory influence on market conditions in the banking union: The cases of macro-prudential instruments and the bail-in tool," IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS), number 93.

Report NEP-MAC-2015-06-20

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: