Report NEP-MAC-2015-12-08

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:

• Sanvi Avouyi-Dovi & Jean-Guillaume Sahuc, 2015, "On the sources of macroeconomic stability in the euro area," Working papers, Banque de France, number 577.
• Item repec:qmw:qmwecw:wp760 is not listed on IDEAS anymore

• Roc Armenter & Benjamin Lester, 2015, "Excess reserves and monetary policy normalization," Working Papers, Federal Reserve Bank of Philadelphia, number 15-35, Sep.
• Stefano Neri & Alessandro Notarpietro, 2015, "The macroeconomic effects of low and falling inflation at the zero lower bound," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1040, Nov.
• Cukierman, Alex & Melnick, Rafi, 2015, "The Conquest of Israeli Inflation and Current Policy Dilemmas," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10955, Nov.
• Charles Abuka & Ronnie K. Alinda & Camelia Minoiu & Jose-Luis Peydro & Andrea Filippo Presbitero, 2015, "Monetary Policy in a Developing Country: Loan Applications and Real Effects," Mo.Fi.R. Working Papers, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences, number 114, Dec.
• Juan Paez-Farrell, 2015, "Taylor rules, central bank preferences and inflation targeting," Working Papers, The University of Sheffield, Department of Economics, number 2015023, Nov.
• Uluc Aysun, 2015, "The effects of global bank competition and presence on local business cycles: The Goldilocks principle does not apply to global banking," Working Papers, University of Central Florida, Department of Economics, number 2015-02, Aug, revised Oct 2015.
• Lopez, Claude & Markwardt, Donald & Savard, Keith, 2015, "Macroprudential Policy: What Does It Really Mean," MPRA Paper, University Library of Munich, Germany, number 68157, Oct.
• López-Martín Bernabé & Takayama Naoki, 2015, "The Blighted Youth: The Impact of Recessions and Policies on Life-Cycle Unemployment," Working Papers, Banco de México, number 2015-22, Nov.
• Maixé-Altés, J. Carles & Iglesias, Emma M., 2015, "Banking, Currency, Stock Market and Debt Crises: Revisiting Reinhart & Rogoff Debt Analysis in Spain, 1850-1995," MPRA Paper, University Library of Munich, Germany, number 68199, Dec.
• Sydykova, Meerim & Stadtmann, Georg, 2015, "Taylor rules for CEE-EU countries: How much heterogeneity?," Discussion Papers, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics, number 377.
• Stéphane Lhuissier, 2015, "The Regime-switching volatility of Euro Area Business Cycles," Working Papers, CEPII research center, number 2015-22, Nov.
• Holz, Carsten A., 2015, "China's Investment Rate: Implications and Data Reliability," MPRA Paper, University Library of Munich, Germany, number 68120, Nov.
• Silvia Merler, 2015, "Squaring the cycle- capital flows, financial cycles, and macro-prudential policy in the euro area," Bruegel Working Papers, Bruegel, number 11000, Nov.
• Daniele Tavani & Luca Zamparelli, 2015, "Governement Spending Composition, Aggregate Demand, Growth and Distribution," IMK Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute, number 158-2015.
• John Thorton, 2015, "Inflation targeting in developing economies revisited," Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales), number 15012, Jul.
• João Amador & Arne J. Nagengast, 2015, "The Effect of Bank Shocks on Firm-Level and Aggregate Investment," Working Papers, Banco de Portugal, Economics and Research Department, number w201515.
• Gerald A. Carlino & Robert P. Inman, 2015, "Fiscal stimulus in economic unions: what role for states?," Working Papers, Federal Reserve Bank of Philadelphia, number 15-41, Nov.
• Giuseppe Mastromatteo & Lorenzo Esposito, 2015, "The Two Approaches to Money: Debt, Central Banks, and Functional Finance," Economics Working Paper Archive, Levy Economics Institute, number wp_855, Nov.
• Kristin Forbes & Ida Hjortsoe & Tsvetelina Nenova, 2015, "The shocks matter: improving our estimates of exchange rate pass-through," Discussion Papers, Monetary Policy Committee Unit, Bank of England, number 43, Dec.
• Erotokritos Varelas, 2015, "Quantity versus Price Bank Competition and Macroeconomic Performance given Bank Concentration," Discussion Paper Series, Department of Economics, University of Macedonia, number 2015_06, Dec, revised Dec 2015.
• Alessandro Calza & Andrea Zaghini, 2015, "Shoe-leather costs in the euro area and the foreign demand for euro banknotes," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1039, Nov.
• Fabia A. de Carvalho & Marcos R. de Castro, 2015, "Macroprudential and Monetary Policy Interaction: a Brazilian perspective," Working Papers Series, Central Bank of Brazil, Research Department, number 405, Nov.
• Dmitrii Timofeev, 2015, "Non-Keynesian Savings of Russians," HSE Working papers, National Research University Higher School of Economics, number WP BRP 49/FE/2015.
• Zsolt Darvas & Alvaro Leandro, 2015, "The limitations of policy coordination in the euro area under the European Semester," Bruegel Policy Contributions, Bruegel, number 10879, Nov.
• Yasuo Hirose & Takeki Sunakawa, 2015, "Parameter bias in an estimated DSGE model: does nonlinearity matter?," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2015-46, Nov.
• Stefano Bosi & David Desmarchelier & Lionel Ragot, 2015, "Preferences and pollution cycles," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2015-36.
• David Miles & Jochen Schanz, 2015, "The relevance or otherwise of the central bank’s balance sheet," Discussion Papers, Monetary Policy Committee Unit, Bank of England, number 41, Dec.
• van Wijnbergen, Sweder, 2015, "On Zombie Banks and Recessions after Systemic Banking Crises," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10963, Nov.
• Daniel R. Sanches, 2015, "Banking panics and protracted recessions," Working Papers, Federal Reserve Bank of Philadelphia, number 15-39, Oct.
• Koji Nakamura & Tomoyuki Yagi, 2015, "Fiscal Conditions and Long-term Interest Rates," Bank of Japan Working Paper Series, Bank of Japan, number 15-E-10, Nov.
• Alessandro Barattieri & Maya Eden & Dalibor Stevanovic, 2015, "Financial Sector Interconnectedness and Monetary Policy Transmission," Carlo Alberto Notebooks, Collegio Carlo Alberto, number 436.
• Dirk Schoenmaker & Peter Wierts, 2015, "Macroprudential supervision- from theory to policy," Bruegel Working Papers, Bruegel, number 11133, Nov.
• Ansgar Belke & Dominik Kronen & Thomas Osowski, 2015, "Planned Fiscal Consolidations and Growth Forecast Errors – New Panel Evidence on Fiscal Multipliers," ROME Working Papers, ROME Network, number 201504, Apr.
• Meenagh, David & Minford, Patrick & Oyekola, Olayinka, 2015, "Energy Business Cycles," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2015/19, Nov.
• Rochet, Jean Charles & Gersbach, Hans & Scheffel, Martin, 2015, "Financial Intermediation, Capital Accumulation, and Recovery," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10964, Nov.
• Martin Wales & Tomasz Wieladek, 2015, "What are the macroeconomic effects of asset purchases?," Discussion Papers, Monetary Policy Committee Unit, Bank of England, number 42, Dec.
• Céspedes, Nikita, 2015, "Creación y Destrucción de Empleos e Informalidad," Working Papers, Banco Central de Reserva del Perú, number 2015-009, Nov.
• Francesco D�Amuri & Silvia Fabiani & Roberto Sabbatini & Raffaele Tartaglia Polcini & Fabrizio Venditti & Eliana Viviano & Roberta Zizza, 2015, "Wages and prices in Italy during the crisis: the firms� perspective," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 289, Sep.
• Gabriel Bruneau & Kevin Moran, 2015, "Exchange Rate Fluctuations and Labour Market Adjustments in Canadian Manufacturing Industries," Staff Working Papers, Bank of Canada, number 15-45, DOI: 10.34989/swp-2015-45.
• Soldatos, Gerasimos T. & Varelas, Erotokritos, 2015, "Loan as a Durable Good and Bank Indirect-Tax Incidence," MPRA Paper, University Library of Munich, Germany, number 67588.
• Soldatos, Gerasimos T. & Varelas, Erotokritos, 2015, "Loan as a Durable Good and Bank Indirect-Tax Incidence," MPRA Paper, University Library of Munich, Germany, number 68220.
• Gianluca Violante & Benjamin Moll & Greg Kaplan, 2015, "Monetary Policy According to HANK," 2015 Meeting Papers, Society for Economic Dynamics, number 1507.
• Makoto Nakajima & Didem Tuzemen, 2015, "Health-care reform or labor market reform? A quantitative analysis of the affordable care act," Working Papers, Federal Reserve Bank of Philadelphia, number 15-34, Sep.
• Ansgar Belke & Daniel Gros, 2015, "Banking Union as a Shock Absorber," ROME Working Papers, ROME Network, number 201502, Feb.
• Margarita Rubio, 2015, "Monetary and Macroprudential Policies under Fixed and Variable Interest Rates," Discussion Papers, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM), number 2015/10.
• Gerhard Rösl & Karl-Heinz Tödter, 2015, "Zins- und Wohlfahrtseffekte extremer Niedrigzinspolitik für die Sparer in Deutschland," ROME Working Papers, ROME Network, number 201501, Jan.
• Lehmann, Robert & Wohlrabe, Klaus, 2015, "The role of component-wise boosting for regional economic forecasting," MPRA Paper, University Library of Munich, Germany, number 68186, Dec, revised 03 Dec 2015.
• Michal Ksawery Popiel, 2016, "Interest Rate Pass-through: A Nonlinear Vector Error-correction Approach," Working Paper, Economics Department, Queen's University, number 1352, Feb.
• Lutz Hendricks & Oksana Leukhina, 2015, "How Risky Is College Investment?," Working Papers, Human Capital and Economic Opportunity Working Group, number 2015-014, Nov.
• Peiris, M.Udara & Polemarchakis, Herakles, 2015, "Quantitative Easing in an Open Economy : Prices, Exchange Rates and Risk Premia," CRETA Online Discussion Paper Series, Centre for Research in Economic Theory and its Applications CRETA, number 09.
• Dimitris Christelis & Dimitris Georgarakos & Tullio Jappelli & Maarten van Rooij, 2015, "Consumption Uncertainty and Precautionary Saving," CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, number 421, Dec.
• Paolo Giudici & Laura Parisi, 2015, "Dynamic hierarchical models for monetary transmission," DEM Working Papers Series, University of Pavia, Department of Economics and Management, number 112, Nov.
• Laura D´Amato & Lorena Garegnani & Emilio Blanco, 2015, "GDP Nowcasting: Assessing business cycle conditions in Argentina," BCRA Working Paper Series, Central Bank of Argentina, Economic Research Department, number 201569, Nov.
• Test1 Test2, 2015, "Test Paper," Economics Working Papers, Queen's Management School, Queen's University Belfast, number 15-01, Nov.
• Lutz Hendricks & Oksana Leukhina, 2015, "The Return to College: Selection and Dropout Risk," Working Papers, Human Capital and Economic Opportunity Working Group, number 2015-013, Nov.
• Zsolt Darvas & András Simon, 2015, "Filling the gap- open economy considerations for more reliable potential output estimates," Bruegel Working Papers, Bruegel, number 10401, Oct.
• Bill Battaile & F. Leonardo Hernández & Vivian Norambuena, 2015, "Debt Sustainability in Sub-Saharan Africa: Unraveling Country-Specific Risks," Working Papers, University of Chile, Department of Economics, number wp413, Nov.
• Marek Dabrowski, 2015, "The systemic roots of Russia’s recession," Bruegel Policy Contributions, Bruegel, number 10234, Oct.
• Pooyan Amir-Ahmadi & Christian Matthes & Mu-Chun Wang, 2015, "Measurement Errors and Monetary Policy: Then and Now," Working Paper, Federal Reserve Bank of Richmond, number 15-13, Nov.
• Lukas Schmid & Howard Kung & Alexandre Corhay, 2015, "Finance, Volatility, and Growth," 2015 Meeting Papers, Society for Economic Dynamics, number 1536.
• Gabriele Foà & Leonardo Gambacorta & Luigi Guiso & Paolo Emilio Mistrulli, 2015, "The supply side of household finance," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1044, Nov.
• Tito Boeri & Juan F. Jimeno, 2015, "The unbearable divergence of unemployment in europe," Working Papers, Banco de España, number 1534, Nov.
• Machado, C. & Sarmiento Paipilla, N.M. & León, C., 2015, "Identifying Central Bank Liquidity Super-Spreaders in Interbank Funds Networks," Discussion Paper, Tilburg University, Center for Economic Research, number 2015-052.
• Marc Giannoni & Christina Patterson & Marco Del Negro, 2015, "The Forward Guidance Puzzle," 2015 Meeting Papers, Society for Economic Dynamics, number 1529.
• Raputsoane, Leroi, 2015, "The lean versus clean debate and monetary policy in South Africa," MPRA Paper, University Library of Munich, Germany, number 68123, Nov.
• Grégory Claeys & Guntram B. Wolff, 2015, "Is globalisation reducing the ability of central banks to control inflation?," Bruegel Policy Contributions, Bruegel, number 10843, Nov.
• Pérez, Fernando & Vega, Marco, 2015, "Asymmetric exchange rate pass-through: Evidence from Peru," Working Papers, Banco Central de Reserva del Perú, number 2015-011, Nov.
• Sam Tang, 2015, "Medium-Term Macroeconomic Volatility And Economic Development: A New Technique," Economics Discussion / Working Papers, The University of Western Australia, Department of Economics, number 15-29.
• Item repec:hal:cepnwp:halshs-01231469 is not listed on IDEAS anymore

• James B. Bullard, 2015, "Answers to Five Questions Related to U.S. Monetary Policy," Speech, Federal Reserve Bank of St. Louis, number 257, Nov.
• Dean Corbae & Pablo D'Erasmo, 2015, "Foreign competition and banking industry dynamics: an application to Mexico," Working Papers, Federal Reserve Bank of Philadelphia, number 15-33, Sep.
• Arnab Bhattacharjee & Chris Higson & Sean Holly, 2015, "Operating Leverage over the Business Cycle," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 1535, Nov.
• Cristina Fernández & Aitor Lacuesta & José Manuel Montero & Alberto Urtasun, 2015, "Heterogeneity of markups at the firm level and changes during the great recession: the case of spain," Working Papers, Banco de España, number 1536, Dec.
• Angel De la Fuente, 2015, "Series Contabilidad Regional (II): Asalariados, rentas del trabajo y salarios medios," Working Papers, BBVA Bank, Economic Research Department, number 1531, Dec.
• Liping Gao & Hyeongwoo Kim, 2015, "Testing the Predictability of Consumption Growth: Evidence from China," Auburn Economics Working Paper Series, Department of Economics, Auburn University, number auwp2015-19, Dec.
• Adonis Antoniades, 2015, "Commercial bank failures during The Great Recession: the real (estate) story," BIS Working Papers, Bank for International Settlements, number 530, Nov.
• Erotokritos Varelas & Eleni Dalla, 2015, "Second-Order Accelerator of Investment: The Case of Discrete Time," Discussion Paper Series, Department of Economics, University of Macedonia, number 2015_07, Dec, revised Dec 2015.
• Bastiaan Quast & Victor Kummritz, 2015, "Decompr: Global Value Chain Decomposition In R," CTEI Working Papers series, Centre for Trade and Economic Integration, The Graduate Institute, number 01-2015, 01.
• Antoine CAZALS & Pierre MANDON, 2015, "Political Budget Cycles: Manipulation of Leaders or Bias from Research? A Meta-Regression Analysis," Working Papers, CERDI, number 201533, Dec.
• Gemma Abio Roig & Concepció Patxot Cardoner & Miguel Sánchez-Romero & Guadalupe Souto Nieves, 2015, "The Welfare State and the demographic dividend: A cross-country comparison," UB School of Economics Working Papers, University of Barcelona School of Economics, number 2015/332.
• Adam P. Balcerzak & Michal Bernard Pietrzak, 2015, "Quality of Institutions and Total Factor Productivity in European Union," Working Papers, Institute of Economic Research, number 165/2015, Dec, revised Dec 2015.
• Miguel Sarmiento & Jorge Cely & Carlos Le�n, 2015, "Monitoring the Unsecured Interbank Funds Market," Borradores de Economia, Banco de la Republica, number 14080, Nov.
• Chuku, Chuku & Onye, Kenneth & Ajah, Hycent, 2015, "Structural and institutional determinants of investment activity in Africa," MPRA Paper, University Library of Munich, Germany, number 68163.
• Gilberto Marcheggiano & David Miles, 2015, "Fiscal multipliers and time preference," Discussion Papers, Monetary Policy Committee Unit, Bank of England, number 39, Dec.
• GUERRON-QUINTANA, Pablo A. & JINNAI, Ryo & 陣内, 了, 2015, "Financial Frictions, Trends, and the Great Recession," Discussion paper series, Hitotsubashi Institute for Advanced Study, Hitotsubashi University, number HIAS-E-14, Oct.
• McMahon, Michael & Peiris, Udara & Polemarchakis, Herakles, 2015, "Perils of quantitative easing," CRETA Online Discussion Paper Series, Centre for Research in Economic Theory and its Applications CRETA, number 04.
• Ken Urai & Hiromi Murakami, 2015, "An Axiomatic Characterization of the Price-Money Message Mechanism," Discussion Papers in Economics and Business, Osaka University, Graduate School of Economics, number 15-31, Dec.
• Andra C. Ghent & Marianna Kudlyak, 2015, "Intergenerational Linkages in Household Credit," Working Paper, Federal Reserve Bank of Richmond, number 15-14, Nov.
• Alfonso Palacio Vera, 2015, "Keynes´s Approach to Macroeconomic Modelling: a Popperian Reconstruction
  [La modelización macroeconómica en el enfoque keynesiano: una reconstrucción popperiana]," Documentos de trabajo de la Facultad de Ciencias Económicas y Empresariales, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, number 15-07, Dec.
• Dimitrios Paparas & Christian Richter, 2015, "Military Spending and economic growth in Greece and the Arms Race between Greece and Turkey," Working Papers, The German University in Cairo, Faculty of Management Technology, number 38, Oct.
• Marie Cuillerai, 2015, "Money and politic): is there any prospect for democracy in " the monetary pluralism "?
  [Monnaie(s) et politique(s) : y a-t-il une perspective sur la démocratie dans « le pluralisme monéta," Post-Print, HAL, number halshs-01232057, Jan.
• Michael Reiter, 2015, "Solving OLG Models with Asset Choice," 2015 Meeting Papers, Society for Economic Dynamics, number 1509.
• Drago Bergholt, 2015, "Foreign shocks," Working Paper, Norges Bank, number 2015/15, Nov.
• Mirta González & María Cecilia Pérez, 2015, "Simulation of the term structure. An application for measuring the interest rate risk," BCRA Working Paper Series, Central Bank of Argentina, Economic Research Department, number 201570, Nov.
• Brüeckner,Markus & Carneiro,Francisco Galrao, 2015, "The effects of volatility, fiscal policy cyclicality and financial development on growth : evidence for the Eastern Caribbean," Policy Research Working Paper Series, The World Bank, number 7507, Dec.

Report NEP-MAC-2015-12-08

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: