Report NEP-MAC-2015-07-25

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:

• Melesse Wondemhunegn Ezezew, 2015, "Small DSGE Model with Financial Frictions," Working Papers, Department of Economics, University of Venice "Ca' Foscari", number 2015:20.
• Antonio M. Conti & Stefano Neri & Andrea Nobili, 2015, "Why is inflation so low in the euro area?," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1019, Jul.
• Isoré, Marlène & Szczerbowicz, Urszula, 2015, "Disaster risk and preference shifts in a New Keynesian model," MPRA Paper, University Library of Munich, Germany, number 65643, Jul.
• John Barrdear, 2015, "Towards a New Keynesian theory of the price level," Bank of England working papers, Bank of England, number 532, Jul.
• Hollmayr, Josef & Matthes, Christian, 2015, "Tales of transition paths: Policy uncertainty and random walks," Discussion Papers, Deutsche Bundesbank, number 14/2015.
• Blanchard, Olivier & Erceg, Christopher J. & Lindé, Jesper, 2015, "Jump-Starting the Euro Area Recovery: Would a Rise in Core Fiscal Spending Help the Periphery?," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 304, Jul.
• Medel, Carlos A., 2015, "A Critical Review of Posch, J. and F. Rumler (2015), 'Semi-Structural Forecasting of UK Inflation Based on the Hybrid New Keynesian Phillips Curve,' Journal of Forecasting 34(2): 145-62," MPRA Paper, University Library of Munich, Germany, number 65665, Jul.
• Matias Escudero & Martin Gonzalez-Rozada & Martin Sola, 2014, "Towards a “New” Inflation Targeting Framework: The Case of Uruguay," Department of Economics Working Papers, Universidad Torcuato Di Tella, number 2014-01, Jan.
• Theodoros S. Papaspyrou, 2015, "EMU 2.0 Drawing Lessons From the Crisis - a New Framework For Stability and Growth," Working Papers, Bank of Greece, number 192, Mar.
• Fabio C. Bagliano & Claudio Morana, 2015, "It ain't over till it's over: A global perspective on the Great Moderation-Great Recession interconnection," Working papers, Department of Economics, Social Studies, Applied Mathematics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino, number 031, Jul.
• Item repec:cbo:report:50250 is not listed on IDEAS anymore

• Item repec:spo:wpmain:info:hdl:2441/42tkpm5t7862r5ipdeiq2voou is not listed on IDEAS anymore

• Marcello Pericoli & Giovanni Veronese, 2015, "Forecaster heterogeneity, surprises and financial markets," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1020, Jul.
• Leeper, Eric M. & Nason, James M., 2015, "Bringing Financial Stability into Monetary Policy," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 305, Jul.
• Shesadri Banerjee and Parantap Basu, 2015, "A Dynamic Stochastic General Equilibrium Model for India," Macroeconomics Working Papers, East Asian Bureau of Economic Research, number 24975, Jul.
• Mehmet Balcilar & Rangan Gupta & Charl Jooste, 2015, "The South African Economic Response to Monetary Policy Uncertainty," Working Papers, University of Pretoria, Department of Economics, number 201551, Jul.
• World Bank Group, 2015, "Bhutan Development Update, April 2015," World Bank Publications - Reports, The World Bank Group, number 22070, Apr.
• Etienne Gagnon & J. David López-Salido & Jason A. Sockin, 2015, "The Cyclicality of Sales, Regular and Effective Prices: Comment," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2015-52, Jul, DOI: 10.17016/FEDS.2015.052.
• Tom Krebs & Moritz Kuhn & Mark Wright, 2015, "Human Capital Risk, Contract Enforcement, and the Macroeconomy," Working Papers, Human Capital and Economic Opportunity Working Group, number 2015-010, Jul.
• Núria Quella-Isla & Sílvio Rendon, 2015, "Interactions between job search and housing decisions: a structural estimation," Working Papers, Federal Reserve Bank of Philadelphia, number 15-27, Jul.
• Razmi, Fatemeh & Mohamed, Azali & Chin, Lee & Habibullah, Muzafar Shah, 2015, "The role of monetary policy in macroeconomic volatility of ASEAN-4 countries against oil price shock over time," MPRA Paper, University Library of Munich, Germany, number 65714, Jul.
• Jang-Ting Guo & Shu-Hua Chen, 2015, "Progressive Taxation, Endogenous Growth, and Macroeconomic (In)stability," Working Papers, University of California at Riverside, Department of Economics, number 201509, Jul.
• Item repec:spo:wpmain:info:hdl:2441/5taek6gt3k8m0r69e1j1ombcc5 is not listed on IDEAS anymore

• Kundu, Nobinkhor & Mollah, Muhammad Musharuf Hossain, 2014, "Empirical Approaches to the Post-Keynesian Theory of Demand for Money: An Error Correction Model of Bangladesh," MPRA Paper, University Library of Munich, Germany, number 65727, Aug, revised 14 Oct 2014.
• World Bank Group, 2015, "Armenia Economic Update, Spring 2015," World Bank Publications - Reports, The World Bank Group, number 22072, Apr.
• Anastasios Evgenidis & Costas Siriopoulos, 2015, "What are the International Channels Through Which a US Policy Shock is Transmitted to The World Economies? Evidence from a Time Varying FAVAR," Working Papers, Bank of Greece, number 190, Jan.
• Kajal Lahiri & George Monokroussos & Yongchen Zhao, 2015, "Forecasting Consumption: The Role of Consumer Confidence in Real Time with many Predictors," Working Papers, Towson University, Department of Economics, number 2015-02, Jul, revised Jul 2015.
• Joseph E. Stiglitz, 2015, "The Measurement of Wealth: Recessions, Sustainability and Inequality," NBER Working Papers, National Bureau of Economic Research, Inc, number 21327, Jul.
• World Bank Group, 2014, "Kenya Economic Update, December 2014, No. 11," World Bank Publications - Reports, The World Bank Group, number 21803, Dec.
• L. Marattin & S. Meraglia, 2015, "Potential Output and Fiscal Rules in a Monetary Union under Asymmetric Information," Working Papers, Dipartimento Scienze Economiche, Universita' di Bologna, number wp1018, Jul.
• De Koning, Kees, 2015, "Debts should come with a serious economic health warning!," MPRA Paper, University Library of Munich, Germany, number 65647, Jul.
• World Bank, 2015, "Afghanistan Economic Update, April 2015," World Bank Publications - Reports, The World Bank Group, number 21894, Apr.
• Item repec:spo:wpmain:info:hdl:2441/6krnfp4alc80oa55v0i3jrhl18 is not listed on IDEAS anymore

• World Bank, 2014, "Lebanon Economic Monitor, Spring 2014," World Bank Publications - Reports, The World Bank Group, number 21968, Apr.
• Gluschenko, Konstantin, 2015, "Анализ Официальных И Альтернативных Оценок Инфляции
  [Analysis of official and alternative estimates of inflation]," MPRA Paper, University Library of Munich, Germany, number 65670, Jul.
• World Bank, 2015, "Pakistan Development Update, April 2015," World Bank Publications - Reports, The World Bank Group, number 21752, Apr.
• Imane El Ouadghiri, 2015, "Heterogeneity in Macroeconomic News Expectations: A disaggregate level analysis," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2015-17.
• Perederiy, Volodymyr, 2015, "Endogenous derivation and forecast of lifetime PDs," MPRA Paper, University Library of Munich, Germany, number 65679, Jul.
• World Bank, 2015, "Bangladesh Development Update, April 2015," World Bank Publications - Reports, The World Bank Group, number 21777, Apr.
• World Bank Group, 2015, "Russian Economic Report, April 2015," World Bank Publications - Reports, The World Bank Group, number 21781, Apr.
• Uribe, Martín & Schmitt-Grohé, Stephanie & Yue, Vivian & Na, Seunghoon, 2015, "A Model of the Twin Ds: Optimal Default and Devaluation," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10697, Jul.
• World Bank, 2015, "Egypt Economic Monitor, Spring 2015," World Bank Publications - Reports, The World Bank Group, number 22071, Apr.
• World Bank Group, 2015, "Maintaining High Growth," World Bank Publications - Reports, The World Bank Group, number 21904, Apr.
• Mustafa Kiziltan & Anna Golovko, 2015, "Analysis the Determinants of Inflation Dynamics in Turkey," Proceedings of International Academic Conferences, International Institute of Social and Economic Sciences, number 2604411, Jul.
• Kevin Mumford, 2015, "Prosperity, sustainability and the measurement of wealth," EABER Working Papers, East Asian Bureau of Economic Research, number 24841, Apr.
• Taehyun Lee & Altantsetseg Shiilegmaa & Davaadalai Batsuuri, 2014, "Mongolia Economic Update, December 2014," World Bank Publications - Reports, The World Bank Group, number 21802, Dec.
• Keomanivone Phimmahasay, 2015, "Lao Economic Monitor, April 2015," World Bank Publications - Reports, The World Bank Group, number 21773, Apr.
• World Bank Group, 2015, "Cote d'Ivoire Economic Update, March 2015," World Bank Publications - Reports, The World Bank Group, number 21774, Mar.
• David Kohn, 2015, "Addicted to Debt: Foreign Purchases of U.S. Treasuries and the Term-Premium," Department of Economics Working Papers, Universidad Torcuato Di Tella, number 2015_1, Feb.
• Item repec:rza:wpaper:530 is not listed on IDEAS anymore

• Michael Di Francesco & Rafael Barroso, 2014, "Review of International Practices for Determining Medium Term Resource Needs of Spending Agencies," World Bank Publications - Reports, The World Bank Group, number 21812, May.
• World Bank, 2015, "Uganda Economic Update, February 2015," World Bank Publications - Reports, The World Bank Group, number 21791, Feb.
• Karlis Smits & Chorching Goh & Luan Zhao & Ekaterine Vashakmadze & Justin Hill & Smita Kuriakose & Samuel Freije-Rodriguez, 2015, "China Economic Update, June 2015," World Bank Publications - Reports, The World Bank Group, number 22122, Jul.
• World Bank, 2015, "Economic Monitoring Report to the Ad Hoc Liaison Committee," World Bank Publications - Reports, The World Bank Group, number 21980, May.
• Jorge Thompson Araujo & Markus Brueckner & Mateo Clavijo & Ekaterina Vostroknutova & Konstantin M. Wacker, 2014, "Beyond Commodities," World Bank Publications - Reports, The World Bank Group, number 21807, Dec.
• World Bank, 2015, "Jordan Economic Monitor, Spring 2015," World Bank Publications - Reports, The World Bank Group, number 22047, Jun.
• Agnieszka Domanska & Konrad Kostrzewa, 2015, "Identification of the fiscal shocks in Poland in light of the small open economy analysis? perspective," Proceedings of International Academic Conferences, International Institute of Social and Economic Sciences, number 2604282, Jul.
• Gregory Kisunko & Branco Ponomariov, 2014, "BEEPS At-a-Glance 2013," World Bank Publications - Reports, The World Bank Group, number 21799, Dec.
• Tania El Kallab, 2014, "Global Imbalances: "Made in the USA" or "Made in China"?," Thema Working Papers, THEMA (Théorie Economique, Modélisation et Applications), CY Cergy-Paris University, ESSEC and CNRS, number 2014-28.
• World Bank Group, 2014, "Republic of Sudan Diagnostic Trade Integration Study Update," World Bank Publications - Reports, The World Bank Group, number 22103, Oct.
• Kakarot-Handtke, Egmont, 2015, "Major Defects of the Market Economy," MPRA Paper, University Library of Munich, Germany, number 65666, Jul.
• André M. Marques & Gilberto Tadeu Lima, 2015, "Searching for Patterns of Unemployment Persistence in OECD Countries with Aggregated and Disaggregated Data, 2000-2014," Working Papers, Department of Economics, University of São Paulo (FEA-USP), number 2015_14, Jul, revised 30 Jul 2015.
• Silva Lopes, Artur C. & Florin Zsurkis, Gabriel, 2015, "Revisiting non-linearities in business cycles around the world," MPRA Paper, University Library of Munich, Germany, number 65668, Jun.
• Dalibor Stevanovic, 2015, "Factor augmented autoregressive distributed lag models with macroeconomic applications," CIRANO Working Papers, CIRANO, number 2015s-33, Jul.
• Xavier Gabaix & Jean-Michel Lasry & Pierre-Louis Lions & Benjamin Moll, 2015, "The Dynamics of Inequality," NBER Working Papers, National Bureau of Economic Research, Inc, number 21363, Jul.
• Mavrozacharakis, Emmanouil & Tzagarakis, Stelios, 2015, "The Greek referendum: an alternative approach," MPRA Paper, University Library of Munich, Germany, number 65738, Jul.
• Corsetti, Giancarlo & Simonelli, Saverio & Acconcia, Antonio, 2015, "The Consumption Response to Liquidity-Enhancing Transfers: Evidence from Italian Earthquakes," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10698, Jul.
• World Bank Group, 2015, "Honduras Economic DNA, June 2015," World Bank Publications - Reports, The World Bank Group, number 22028, Jun.
• Jonathan A. Parker, 2015, "Why Don't Households Smooth Consumption? Evidence from a 25 Million Dollar Experiment," NBER Working Papers, National Bureau of Economic Research, Inc, number 21369, Jul.
• Mathieu Taschereau-Dumouchel & Edouard Schaal, 2015, "Coordinating Business Cycles," 2015 Meeting Papers, Society for Economic Dynamics, number 178.
• Petra Posedel Simovic & Marina Tkalec & Maruska Vizek, 2015, "Time-varying integration in European post-transition sovereign bond market," Working Papers, The Institute of Economics, Zagreb, number 1501, Apr.
• Reinhart, Carmen, 2015, "The Antecedents and Aftermath of Financial Crises as told by Carlos F. Díaz Alejandro," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10705, Jul.
• World Bank Group, 2015, "Zambia Economic Brief, June 2015, Issue 5," World Bank Publications - Reports, The World Bank Group, number 22039, Jun.
• World Bank, 2014, "Republic of Burundi Fiscal Decentralization and Local Governance," World Bank Publications - Reports, The World Bank Group, number 21714, Oct.
• Karlis Smits & Bingjie Hu & Binglie Luo & Tony Ollero & Ekaterine Vashakmadze & Klaus Rohland & Sudhir Shetty & Bert Hoftman & Chorching Goh, 2014, "China Economic Update, June 2014," World Bank Publications - Reports, The World Bank Group, number 22108, Jun.
• Hamermesh, Daniel S. & Burda, Michael & Genadek, Katie R., 2015, "Not Working At Work: Loafing, Unemployment and Labor Productivity," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10712, Jul.
• Diewert, W. Erwin & Imai, Satoshi & Shimizu, Chihiro, 2015, "New Estimates for the Price of Housing in the Japanese CPI," Economics working papers, Vancouver School of Economics, number erwin_diewert-2015-14, Jul, revised 17 Jul 2015.
• Item repec:wbk:wboper:22034 is not listed on IDEAS anymore

• Leonard I. Nakamura & Rachel Soloveichik, 2015, "Valuing “free” media across countries in GDP," Working Papers, Federal Reserve Bank of Philadelphia, number 15-25, Jul.
• Kaiji Chen, 2015, "Trends and Cycles in China's Macroeconomy," 2015 Meeting Papers, Society for Economic Dynamics, number 145.
• World Bank, 2015, "Mongolia Public Financial Management Performance Report," World Bank Publications - Reports, The World Bank Group, number 22093, Apr.
• World Bank, 2015, "Malawi Economic Monitor, March 2015," World Bank Publications - Reports, The World Bank Group, number 21753, Mar.
• World Bank, 2015, "Solomon Islands," World Bank Publications - Reports, The World Bank Group, number 21693, Feb.
• Obeng, Samuel Kwabena, 2015, "An empirical analysis of the relationship between minimum wage, investment and economic growth in Ghana," MPRA Paper, University Library of Munich, Germany, number 65674, Jul.
• Item repec:udt:wpecon:2013_3 is not listed on IDEAS anymore

• Ariane TICHIT, 2015, "Représentations sociales de la monnaie : contraste entre les citoyens et les porteurs de monnaies locales," Working Papers, CERDI, number 201518, Jun.
• World Bank, 2015, "Lebanon Economic Monitor, Spring 2015
  [Le Moniteur économique du Liban - Avril 2015 : Nouvelles impulsions et vieux obstacles]," World Bank Publications - Reports, The World Bank Group, number 21761, Apr.
• Kartik B. Athreya & Felicia Ionescu & Urvi Neelakantan, 2015, "Stock Market Investment: The Role of Human Capital," Working Paper, Federal Reserve Bank of Richmond, number 15-7, Jul.
• Edoardo Rainone, 2015, "Testing information diffusion in the decentralized unsecured market for euro funds," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1022, Jul.
• Luis A. Gil-Alana & Juncal Cunado & Rangan Gupta, 2015, "Evidence of Persistence in U.S. Short and Long-Term Interest Rates Using Long-Span Monthly and Annual Data," Working Papers, University of Pretoria, Department of Economics, number 201553, Jul.
• J�ssica Fernanda Casta�o Lavado & Miguel �ngel Morales Mosquera, 2015, "Revisi�n Metodol�gica de �ndices de Precios de la Vivienda," Borradores de Economia, Banco de la Republica, number 13317, Jul.
• Constantino Hevia & Juan Pablo Nicolini, 2015, "Monetary Policy and Dutch Disease: The Case of Price and Wage Rigidity," Department of Economics Working Papers, Universidad Torcuato Di Tella, number 2015_4, Jun.
• World Bank, 2015, "Republic of Turkey," World Bank Publications - Reports, The World Bank Group, number 21776, May.
• Steve Bond & Gicoamo Rodano & Nicolas Serrano-Velarde, 2015, "Investment Dynamics in Italy: Financing Constraints, Demand and Uncertainty," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 283, Jul.
• Ali Hosseiny, 2015, "Violation of Invariance of Measurement for GDP Growth Rate and its Consequences," Papers, arXiv.org, number 1507.04848, Jul, revised Aug 2016.
• World Bank, 2013, "Lebanon Economic Monitor, Fall 2013," World Bank Publications - Reports, The World Bank Group, number 21971, Sep.
• World Bank, 2015, "The Cook Islands," World Bank Publications - Reports, The World Bank Group, number 21697, Feb.
• World Bank, 2014, "Gabon Export Diversification and Competitiveness Report
  [Rapport sur la diversification et la compétitivité des exportations en République Gabonaise : Améliorer le climat d'investissement pour dive," World Bank Publications - Reports, The World Bank Group, number 21806, Sep.
• Hansjörg Blöchliger & Jaroslaw Kantorowicz, 2015, "Fiscal constitutions: An empirical assessment," OECD Economics Department Working Papers, OECD Publishing, number 1248, Jul, DOI: 10.1787/5jrxjctrxp8r-en.
• Item repec:wbk:wboper:22035 is not listed on IDEAS anymore

• Fatih Guvenen & Burhanettin Kuruscu & Satoshi Tanaka & David Wiczer, 2015, "Multidimensional Skill Mismatch," NBER Working Papers, National Bureau of Economic Research, Inc, number 21376, Jul.
• World Bank, 2015, "Kazakhstan Trade Report," World Bank Publications - Reports, The World Bank Group, number 22044, Jun.
• Stefano Fenoaltea, 2015, "Italian Industrial Production, 1861 1913: A Statistical Reconstruction. K. The Construction Industries," Carlo Alberto Notebooks, Collegio Carlo Alberto, number 422.
• World Bank, 2015, "Cambodia Sanitation Marketing," World Bank Publications - Reports, The World Bank Group, number 21901, Apr.
• Fatih Guvenen & Burhan Kuruscu & Satoshi Tanaka & David Wiczer, 2015, "Multidimensional Skill Mismatch," Working Papers, University of Toronto, Department of Economics, number tecipa-544, Jul.
• Urban Sila & Nataša Jemec & Hermes Morgavi, 2015, "Raising competitiveness and long-term growth of the Slovenian economy," OECD Economics Department Working Papers, OECD Publishing, number 1241, Jul, DOI: 10.1787/5jrxmlcv3237-en.
• Sebastian Edwards, 2015, "Academics as Economic Advisers: Gold, the ‘Brains Trust,’ and FDR," NBER Working Papers, National Bureau of Economic Research, Inc, number 21380, Jul.
• Narayana R. Kocherlakota, 2015, "Fiscal Policy and the Long-Run Neutral Real Interest Rate / Narayana Kocherlakota, President ... Frankfurt, Germany ... July 9, 2015," Speech, Federal Reserve Bank of Minneapolis, number 135, Jul.
• World Bank & ASEAN, 2014, "Bridging the Development Gap," World Bank Publications - Reports, The World Bank Group, number 21749.
• World Bank, 2015, "Fiji," World Bank Publications - Reports, The World Bank Group, number 21696, Feb.
• World Bank, 2015, "Leveraging Oil and Gas Industry for the Development of a Competitive Private Sector in Uganda," World Bank Publications - Reports, The World Bank Group, number 21916, Mar.
• Christoph Aymanns & Fabio Caccioli & J. Doyne Farmer & Vincent W. C. Tan, 2015, "Taming the Basel Leverage Cycle," Papers, arXiv.org, number 1507.04136, Jul.
• World Bank, 2015, "Samoa," World Bank Publications - Reports, The World Bank Group, number 21694, Feb.
• Britta Stöver & Dr. Marc Ingo Wolter, 2015, "Unternehmensgründungen und Unternehmensschließungen - Branchenspezifische Projektionen bis 2016 auf Basis der Unternehmensdemografie und Berechnung der durchschnittlichen Produktion auf Grundlage von ," GWS Discussion Paper Series, GWS - Institute of Economic Structures Research, number 15-8.
• World Bank, 2014, "Technical Assessment of Romania's National GHG Inventory," World Bank Publications - Reports, The World Bank Group, number 21817, Apr.
• World Bank, 2015, "Tonga," World Bank Publications - Reports, The World Bank Group, number 21695, Feb.
• World Bank, 2015, "Tools to Understand Social Issues in Energy Tariff and Subsidy Reforms in Europe and Central Asia," World Bank Publications - Reports, The World Bank Group, number 22095, Jan.
• Xubei Luo & Nong Zhu, 2015, "What Drives Productivity Volatility of Chinese Industrial Firms?," CIRANO Working Papers, CIRANO, number 2015s-32, Jul.
• Medel, Carlos A., 2015, "Geopolitical Tensions, OPEC News, and Oil Price: A Granger Causality Analysis," MPRA Paper, University Library of Munich, Germany, number 65667, Jul.
• Anastasia Litina & Theodore Palivos, 2015, "Corruption and Tax Evasion: Reflections on Greek Tragedy," Working Papers, Bank of Greece, number 193, Jun.

Report NEP-MAC-2015-07-25

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: