Report NEP-MAC-2015-08-30

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:

• Máximo Camacho & Danilo Leiva-León & Gabriel Pérez-Quiros, 2015, "Country Shocks, Monetary Policy Expectations and ECB Decisions. A Dynamic Non-Linear Approach," Working Papers Central Bank of Chile, Central Bank of Chile, number 764, Aug.
• Gürkaynak, Refet, 2015, "Is Optimal Monetary Policy Always Optimal?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10767, Aug.
• Graeme O'Meara, 2015, "Housing Bubbles and Monetary Policy: A Reassessment," Open Access publications, School of Economics, University College Dublin, number 10197/6435.
• Item repec:hhs:bofrdp:2015_012 is not listed on IDEAS anymore

• Item repec:qmw:qmwecw:wp751 is not listed on IDEAS anymore

• Michel Alexandre da Silva & Gilberto Tadeu Lima, 2015, "Combining Monetary Policy and Prudential Regulation: an agent-based modeling approach," Working Papers Series, Central Bank of Brazil, Research Department, number 394, Aug.
• Prasad, Eswar & Zhang, Boyang, 2015, "Distributional Effects of Monetary Policy in Emerging Market Economies," IZA Discussion Papers, Institute of Labor Economics (IZA), number 9272, Aug.
• Masanao Itoh & Ryoji Koike & Masato Shizume, 2015, "Bank of Japan's Monetary Policy in the 1980s: a View Perceived from Archived and Other Materials," IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan, number 15-E-12, Aug.
• Item repec:hum:wpaper:sfb649dp2015-040 is not listed on IDEAS anymore

• Demostenes N. Tambakis, 2015, "Determinate liquidity traps," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 1522, Jul.
• James D. Hamilton & Ethan S. Harris & Jan Hatzius & Kenneth D. West, 2015, "The Equilibrium Real Funds Rate: Past, Present and Future," NBER Working Papers, National Bureau of Economic Research, Inc, number 21476, Aug.
• Alho, Kari E.O., 2015, "Structural Reforms and Stabilization Policies in the Euro Area," ETLA Working Papers, The Research Institute of the Finnish Economy, number 31, Aug.
• English, William B. & Van den Heuvel, Skander J. & Zakrajsek, Egon, 2014, "Interest Rate Risk and Bank Equity Valuations," Working Papers, University of Pennsylvania, Wharton School, Weiss Center, number 14-05, Apr.
• Jenny Tang, 2013, "Uncertainty and the signaling channel of monetary policy," Working Papers, Federal Reserve Bank of Boston, number 15-8, Oct.
• Christian Gillitzer & John Simon, 2015, "Inflation Targeting: A Victim of Its Own Success?," RBA Research Discussion Papers, Reserve Bank of Australia, number rdp2015-09, Aug.
• Gabriela Castro & José R. Maria & Paulo Júlio, 2015, "Financial Fragmentation Shocks," Working Papers, Banco de Portugal, Economics and Research Department, number w201508.
• Luís Fonseca, 2015, "Central Bank Interventions, Demand for Collateral, and Sovereign Borrowing Costs," Working Papers, Banco de Portugal, Economics and Research Department, number w201509.
• Joseph E. Stiglitz, 2015, "Towards a General Theory of Deep Downturns," NBER Working Papers, National Bureau of Economic Research, Inc, number 21444, Aug.
• Emna Trabelsi, 2016, "What effects exert Economic Globalization and Central Bank Transparency on inflation of OECD countries? An Application of LSDVC Estimator on a dynamic Panel Model," Working Papers, HAL, number hal-01157387, Apr.
• Nathan Foley-Fisher & Rodney Ramcharan & Edison Yu, 2015, "The impact of unconventional monetary policy on firm financing constraints: evidence from the maturity extension program," Working Papers, Federal Reserve Bank of Philadelphia, number 15-30, Aug.
• Christian-Lambert Lambert Nguena & Roger Tsafack-Nanfosso, 2014, "On the Sensitivity of Banking Activity to Macroeconomic Shocks: Evidence from CEMAC Sub-region
  [Sensibilité du Secteur Bancaire aux Chocs Macroéconomiques: Cas de la sous-région CEMAC]," Post-Print, HAL, number halshs-01097850, Feb.
• Item repec:hhs:bofrdp:2015_011 is not listed on IDEAS anymore

• Murasawa, Yasutomo, 2015, "The multivariate Beveridge--Nelson decomposition with I(1) and I(2) series," MPRA Paper, University Library of Munich, Germany, number 66319, Aug.
• Altunok, Fatih & Mitchell, Karlyn & Pearce, Douglas, 2015, "The trade credit channel and monetary policy transmission: empirical evidence from U.S. panel data," MPRA Paper, University Library of Munich, Germany, number 66273, Aug.
• Franz Ruch & Mehmet Balcilar Author-Name-First Mehmet & Mampho P. Modise & Rangan Gupta, 2015, "Forecasting Core Inflation: The Case of South Africa," Working Papers, Eastern Mediterranean University, Department of Economics, number 15-08.
• Alfred Duncan, 2014, "Merging mandatory saving and monetary policy," Competition & Regulation Times, New Zealand Institute for the Study of Competition and Regulation, number 380202, Sep.
• Jiranyakul, Komain, 2015, "Exchange Rate Regimes and Persistence of Inflation in Thailand," MPRA Paper, University Library of Munich, Germany, number 66203, Aug.
• Fedotenkov, Igor, 2015, "Population ageing and prices in an OLG model with money created by credits," MPRA Paper, University Library of Munich, Germany, number 66056, Jul.
• Pier dup Lopez & J. David López-Salido & Francisco Vazquez-Grande, 2015, "Nominal Rigidities and the Term Structures of Equity and Bond Returns," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2015-64, Jun, DOI: 10.17016/FEDS.2015.064.
• Sidibe, Tidiani, 2015, "Should stay the Mali in Zone franc area ?," MPRA Paper, University Library of Munich, Germany, number 66275, Aug.
• Lane, Philip, 2015, "Macro-Financial Stability under EMU," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10776, Aug.
• Abbassi, Puriya & Fecht, Falko & Tischer, Johannes, 2015, "The intraday interest rate: What's that?," Discussion Papers, Deutsche Bundesbank, number 24/2015.
• Iván Werning, 2015, "Incomplete Markets and Aggregate Demand," NBER Working Papers, National Bureau of Economic Research, Inc, number 21448, Aug.
• Sacht, Stephen, 2015, "On the efficiency of labor market reforms: How to solve the Spanish puzzle?," Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel), number 2015-55.
• Mehmet Balcilar & Rangan Gupta & Charl Jooste, 2014, "The Role of Economic Policy Uncertainty in Forecasting US Inflation Using a VARFIMA Model," Working Papers, Eastern Mediterranean University, Department of Economics, number 15-12.
• Mehmet Balcilar & Rangan Gupta & Renee van Eyden & Kirsten Thompson, 2015, "Comparing the Forecasting Ability of Financial Conditions Indices: The Case of South Africa," Working Papers, Eastern Mediterranean University, Department of Economics, number 15-06.
• Paul Hubert, 2014, "Disentangling qualitative and quantitative central bank influence," Working Papers, HAL, number hal-01098464, Dec.
• Pejman Bahramian & Mehmet Balcilar & Rangan Gupta & Patrick T. kanda, 2014, "Forecasting South African Inflation Using Non-Linear Models: A Weighted Loss-Based Evaluation," Working Papers, Eastern Mediterranean University, Department of Economics, number 15-19.
• Andrew C. Chang & Tyler J. Hanson, 2015, "The Accuracy of Forecasts Prepared for the Federal Open Market Committee," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2015-62, Jul, DOI: 10.17016/FEDS.2015.062.
• Tianhao Zhi, 2015, "A Critique of Modern Money Theory and the Disequilibrium Dynamics of Banking and Government Finance," Working Paper Series, Finance Discipline Group, UTS Business School, University of Technology, Sydney, number 184, Aug.
• Miroslav Plasil & Tomas Konecny & Jakub Seidler & Petr Hlavac, 2015, "In the Quest of Measuring the Financial Cycle," Working Papers, Czech National Bank, Research and Statistics Department, number 2015/05, Jul.
• Rajeswari Sengupta & Abhijit Sen Gupta, 2015, "Policy tradeoffs in an open economy and the role of G-20 in global macroeconomic policy coordination," Indira Gandhi Institute of Development Research, Mumbai Working Papers, Indira Gandhi Institute of Development Research, Mumbai, India, number 2015-024, Aug.
• Belo, Frederico & Lin, Xiaoji & Yang, Fan, 2014, "External Equity Financing Shocks, Financial Flows, and Asset Prices," Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics, number 2014-08, Sep.
• Saito, Yuta, 2014, "Are Deep Parameters Policy-Invariant?," MPRA Paper, University Library of Munich, Germany, number 66236, Feb.
• Shinichi Nishiyama, 2015, "Fiscal Policy Effects in a Heterogeneous-Agent OLG Economy with an Aging Population," Working Papers, Lancaster University Management School, Economics Department, number 89793613.
• Paul Hubert, 2015, "Revisiting the greenbook's relative forecasting performance," Post-Print, HAL, number hal-01087522, DOI: 10.3917/reof.137.0151.
• Item repec:hum:wpaper:sfb649dp2015-041 is not listed on IDEAS anymore

• Stéphane Verani, 2015, "Aggregate Consequences of Dynamic Credit Relationships," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2015-63, Aug, DOI: 10.17016/FEDS.2015.063.
• Calmfors, Lars, 2015, "The Roles of Fiscal Rules, Fiscal Councils and Fiscal Union in EU Integration," Working Paper Series, Research Institute of Industrial Economics, number 1076, Aug.
• Item repec:vuw:vuwecf:4688 is not listed on IDEAS anymore

• Bjarni G. Einarsson & Kristófer Gunnlaugsson & Thorvardur Tjörvi Ólafsson & Thórarinn G. Pétursson, 2015, "The long history of financial boom-bust cycles in Iceland - Part I: Financial crises," Economics, Department of Economics, Central bank of Iceland, number wp68, Aug.
• Shinichi Nishiyama, 2015, "The Joint Labor Supply Decision of Married Couples and the Social Security Pension System," Working Papers, Lancaster University Management School, Economics Department, number 89793646.
• Claudio Sardoni, 2015, "The functions of money and the demand for liquidity," Working Papers, Sapienza University of Rome, DISS, number 3/15, Aug.
• Malena Portal Boza & Duniesky Feitó Madrigal & Sergio Valdes, 2015, "La curva de Phillips para la economía cubana. Un análisis empírico," Estudios Regionales en Economía, Población y Desarrollo. Cuadernos de Trabajo de la Universidad Autónoma de Ciudad Juárez., Cuerpo Académico 41 de la Universidad Autónoma de Ciudad Juárez, number 27, May, revised 01 May 2015.
• Maria Ferrara & Patrizio Tirelli, 2015, "Can a DSGE Model Explain a Costly Disinflation?," Working Papers, University of Milano-Bicocca, Department of Economics, number 306, Aug, revised Aug 2015.
• Gerlach, Stefan & Kugler, Peter, 2015, "Back to Gold: Sterling in 1925," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10761, Aug.
• Mehmet Balcilar & Rangan Gupta & Charl Jooste & Omid Ranjbar, 2015, "Characterising the South African Business Cycle: Is GDP Difference-Stationary or Trend-Stationary in a Markov-Switching Setup?," Working Papers, Eastern Mediterranean University, Department of Economics, number 15-04.
• Mehmet Balcilar & Rangan Gupta & Charl Jooste, 2014, "The Growth-Inflation Nexus for the US over 1801-2013: A Semiparametric Approach," Working Papers, Eastern Mediterranean University, Department of Economics, number 15-17.
• Marina Halac & Pierre Yared, 2015, "Fiscal Rules and Discretion in a World Economy," NBER Working Papers, National Bureau of Economic Research, Inc, number 21492, Aug.
• Mitchell, Karlyn & Pearce, Douglas, 2015, "Direct Evidence on Sticky Information from the Revision Behavior of Professional Forecasters," MPRA Paper, University Library of Munich, Germany, number 66172, Jul.
• Christian Gillitzer & Jin Cong Wang, 2015, "Housing Wealth Effects: Cross-sectional Evidence from New Vehicle Registrations," RBA Research Discussion Papers, Reserve Bank of Australia, number rdp2015-08, Aug.
• Daouli, Joan & Demoussis, Michael & Giannakopoulos, Nicholas & Lambropoulou, Nikolitsa, 2015, "The ins and outs of Greek unemployment in the Great Depression," MPRA Paper, University Library of Munich, Germany, number 66299, May.
• Gita Gopinath & Ṣebnem Kalemli-Özcan & Loukas Karabarbounis & Carolina Villegas-Sanchez, 2015, "Capital Allocation and Productivity in South Europe," Working Papers, Federal Reserve Bank of Minneapolis, number 728, Jul.
• Michala Moravcova, 2015, "The impact of German macroeconomic data announcements on the Czech financial market," Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, number 2015/21, Aug, revised Aug 2015.
• Mirdala, Rajmund & Svrčeková, Aneta & Semančíková, Jozefína, 2015, "On the Relationship between Financial Integration, Financial Liberalization and Macroeconomic Volatility," MPRA Paper, University Library of Munich, Germany, number 66143, Apr.
• Shinya Fujita, 2015, "Mark-up Pricing, Sectoral Dynamics, and the Traverse Process in a Two-Sector Kaleckian Economy," Discussion papers, Graduate School of Economics Project Center, Kyoto University, number e-15-005, Aug.
• Frederico Belo & Xiaoji Lin & Jun Li & Xiaofei Zhao, 2015, "Labor-Force Heterogeneity and Asset Prices: the Importance of Skilled Labor," NBER Working Papers, National Bureau of Economic Research, Inc, number 21487, Aug.
• Markku Lanne & Henri Nyberg, 2015, "Nonlinear dynamic interrelationships between real activity and stock returns," CREATES Research Papers, Department of Economics and Business Economics, Aarhus University, number 2015-36, Aug.
• Zenios, Stavros A., 2014, "Fairness and Reflexivity in the Cyprus Bail-In," Working Papers, University of Pennsylvania, Wharton School, Weiss Center, number 14-04, Mar.
• Goldbach, Stefan & Nitsch, Volker, 2015, "Cutting the credit line: Evidence from Germany," Discussion Papers, Deutsche Bundesbank, number 25/2015.
• Lin, Xiaoji & Palazzo, Berardino, 2015, "Technology Adoption, External Financing Frictions, and the Cross Sectional Returns," Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics, number 2014-15, Jan.
• Item repec:iwh:dispap:11-15 is not listed on IDEAS anymore

• Kubo, Koji, 2015, "Impacts of foreign exchange auctions on the informal market rate in Myanmar," IDE Discussion Papers, Institute of Developing Economies, Japan External Trade Organization(JETRO), number 532, Aug.
• Daniel Borowczyk-Martins & Etienne Lalé, 2015, "How Bad is Involuntary Part-time Work?," Bristol Economics Discussion Papers, School of Economics, University of Bristol, UK, number 15/664, Aug, revised 13 Jan 2016.
• Arnold, Marc & Westermann, Ramona, 2015, "The Value of Creditor Governance: Debt Renegotiations In and Outside Distress," Working Papers on Finance, University of St. Gallen, School of Finance, number 1514, Jul, revised Jul 2016.
• William Dudley, 2015, "Workforce development and reinvention in the Rochester economy," Speech, Federal Reserve Bank of New York, number 177, Aug.
• Mamipour, Siab & Vaezi Jezeie, Fereshteh, 2015, "Non-Linearities in the relation between oil price, gold price and stock market returns in Iran: a multivariate regime-switching approach," MPRA Paper, University Library of Munich, Germany, number 66202, Jun.
• Berger, Allen N. & Black, Lamont K. & Bouwman, Christa H. S. & Dlugosz, Jennifer, 2014, "The Federal Reserve's Discount Window and TAF Programs: "Pushing on a String?"," Working Papers, University of Pennsylvania, Wharton School, Weiss Center, number 14-06, Apr.
• Sari Kerr & William R. Kerr & Ramana Nanda, 2015, "House Prices, Home Equity and Entrepreneurship: Evidence from U.S. Census Micro Data," NBER Working Papers, National Bureau of Economic Research, Inc, number 21458, Aug.
• Petar Sorić & Ivana Lolić & Mirjana Čižmešija, 2015, "European economic sentiment indicator: An empirical reappraisal," EFZG Working Papers Series, Faculty of Economics and Business, University of Zagreb, number 1505, Aug.
• Asongu, Simplice & Efobi, Uchenna & Beecroft, Ibukun, 2014, "Inclusive human development in pre-crisis times of globalisation-driven debts," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 114570, Dec.
• Nadav Ben Zeev, 2015, "WHAT CAN WE LEARN ABOUT NEWS SHOCKS FROM THE LATE 1990s AND EARLY 2000s BOOM-BUST PERIOD?," Working Papers, Ben-Gurion University of the Negev, Department of Economics, number 1501.
• Schlicht, Ekkehart, 2015, "Directed Technical Change and Capital Deepening: A Reconsideration of Kaldor’s Technical Progress Function," Discussion Papers in Economics, University of Munich, Department of Economics, number 25169, Jun.
• Yuri Biondi & Simone Righi, 2015, "Inequality, mobility and the financial accumulation process: A computational economic analysis," Department of Economics (DEMB), University of Modena and Reggio Emilia, Department of Economics "Marco Biagi", number 0058, Jul.
• Item repec:iab:iabdpa:201521 is not listed on IDEAS anymore

• Joseph P. Byrne & Marina-Eliza Spaliara & Serafeim Tsoukas, 2015, "Firm survival, uncertainty and Financial frictions: Is there a Financial uncertainty accelerator?," Heriot-Watt University Economics Discussion Papers, Department of Economics, School of Management and Languages, Heriot Watt University, number 1506.
• Anagol, Santosh & Etang, Alvin & Karlan, Dean, 2014, "Continued Existence of Cows Disproves Central Tenets of Capitalism?," Working Papers, Yale University, Department of Economics, number 122, Jan.
• Prabir C. Bhattacharya, 2015, "A Model of Optimal Development: Further Results," Heriot-Watt University Economics Discussion Papers, Department of Economics, School of Management and Languages, Heriot Watt University, number 1504a.
• Michele Bernini & Alberto Montagnoli, 2015, "Competition and financial constraints: a two-sided story," Working Papers, The University of Sheffield, Department of Economics, number 2015018, Aug.
• Michaely, Roni & Popadak, Jillian & Vincent, Christopher, 2015, "The Deleveraging of U.S. Firms and Institutional Investors’ Role," MPRA Paper, University Library of Munich, Germany, number 66128, Aug.
• Carrasco Gutierrez, Carlos Enrique & Issler, João Victor, 2015, "Evaluating the effectiveness of Common-Factor Portfolios," MPRA Paper, University Library of Munich, Germany, number 66077.
• Meenagh, David & Minford, Patrick & Wickens, Michael & Xu, Yongdeng, 2015, "Comparing Indirect Inference and Likelihood testing: asymptotic and small sample results," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2015/8, Jul.
• Minford, Patrick & Wickens, Michael R. & Meenagh, David & Xu, Yongdeng, 2015, "Comparing Indirect Inference and Likelihood testing: asymptotic and small sample results," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10765, Aug.
• Ana Sequeira & Fátima Cardoso, 2015, "Quarterly Series for the Portuguese Economy: 1977-2014," Working Papers, Banco de Portugal, Economics and Research Department, number o201501.
• Minford, Patrick & Wickens, Michael R. & Meenagh, David & Le, Vo Phuong Mai & Xu, Yongdeng, 2015, "Testing macro models by indirect inference: a survey for users," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10766, Aug.

Report NEP-MAC-2015-08-30

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: