Report NEP-MAC-2016-03-06

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:

• Luís Martins & António Afonso, 2016, "Monetary Developments and Expansionary Fiscal Consolidations: Evidence from the EMU," Working Papers, Banco de Portugal, Economics and Research Department, number w201602.
• Chun-Hung Kuo & Hiroaki Miyamoto, 2016, "Quantitative Easing and the Labor Market in Japan," Working Papers, Research Institute, International University of Japan, number EMS_2016_02, Feb.
• Zhen Huo & José-Víctor Ríos-Rull, 2016, "Financial Frictions, Asset Prices, and the Great Recession," Staff Report, Federal Reserve Bank of Minneapolis, number 526, Feb.
• De Koning, Kees, 2016, "Collective Household Economics: Why borrowers rather than banks should have been rescued!," MPRA Paper, University Library of Munich, Germany, number 68990, Jan.
• Francesco Ferrante, 2015, "Risky Mortgages, Bank Leverage and Credit Policy," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2015-110, Dec, DOI: 10.17016/FEDS.2015.110.
• Wu, Cheng, 2016, "New Result in Consumption Theory: Change in Savings and Income Growth – Nineteen Years Later," MPRA Paper, University Library of Munich, Germany, number 69582, Feb.
• Juan C. Medina & Robert R. Reed & Ejindu S. Ume, 2015, "The asymmetric effects of monetary policy on housing across the level of development," 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 30, Nov, revised 01 Nov 2015.
• Han, Han, 2015, "Over-the-Counter Markets, Intermediation, and Monetary Policy," MPRA Paper, University Library of Munich, Germany, number 68709, Dec.
• Shantanu Bagchi, 2016, "Differential Mortality and the Progressivity of Social Security," Working Papers, Towson University, Department of Economics, number 2016-03, Feb, revised Aug 2016.
• Ohik Kwon & Manjong Lee, 2016, "Credit Market Frictions and Coessentiality of Money and Credit," Discussion Paper Series, Institute of Economic Research, Korea University, number 1602.
• De Grauwe, Paul & Gerba, Eddie, 2016, "Monetary transmission under competing corporate finance regimes," FinMaP-Working Papers, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 52.
• Asif Mahmood, 2015, "Transmission of Volatility of Money Market Overnight Repo Rate along the Yield Curve in Pakistan," SBP Working Paper Series, State Bank of Pakistan, Research Department, number 71, Dec.
• Michael T. Kiley & Jae W. Sim, 2015, "Optimal Monetary and Macroprudential Policies: Gains and Pitfalls in a Model of Financial Intermediation," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2015-78, Sep, DOI: 10.17016/FEDS.2015.078.
• Francisco Comín Comín, 2014, "La deuda pública: El bálsamo financiero del régimen de Franco (1939-1975)," Documentos de Trabajo (DT-AEHE), Asociación Española de Historia Económica, number 1420, Nov.
• Roman Horvath & Lorant Kaszab, 2016, "Equity Premium and Monetary Policy in a Model with Limited Asset Market Participation," Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, number 2016/04, Feb, revised Feb 2016.
• Damjan Pfajfar & Blaž Žakelj, 2015, "Inflation Expectations and Monetary Policy Design: Evidence from the Laboratory," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2015-45, Jun, DOI: 10.17016/FEDS.2015.045.
• Huber, Kilian, 2015, "The persistence of a banking crisis," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 65010, Nov.
• Carlos Medel, 2015, "Inflation Dynamics and the Hybrid Neo Keynesian Phillips Curve: The Case of Chile," Working Papers Central Bank of Chile, Central Bank of Chile, number 769, Sep.
• Belke, Ansgar & Gros, Daniel & Osowski, Thomas, 2016, "Did quantitative easing affect interest rates outside the US? New evidence based on interest tate differentials," Ruhr Economic Papers, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen, number 600, DOI: 10.4419/86788696.
• Neil R. Ericsson, 2015, "Eliciting GDP Forecasts from the FOMC’s Minutes Around the Financial Crisis," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1152, Nov, DOI: 10.17016/IFDP.2015.1152.
• Ahrens, Steffen & Nejati, Nooshin & Pfeiffer, Philipp L., 2015, "Layoff taxes, unemployment insurance, and business cycle fluctuations," Kiel Working Papers, Kiel Institute for the World Economy, number 1988.
• Muhammad Omer & Jakob de Haan & Bert Scholtens, 2014, "Impact of Interbank Liquidity on Monetary Transmission Mechanism: A Case Study of Pakistan," SBP Working Paper Series, State Bank of Pakistan, Research Department, number 70, May.
• Tapia, Jose, 2016, "Oil prices and the world business cycle: A causal investigation," MPRA Paper, University Library of Munich, Germany, number 68978, Jan.
• Ryan Niladri Banerjee & Michael B Devereux & Giovanni Lombardo, 2016, "Self-oriented monetary policy, global financial markets and excess volatility of international capital flows," BIS Working Papers, Bank for International Settlements, number 540, Jan.
• Barbara Annicchiarico & Claudio Cesaroni, 2016, "Tax Reforms and the Underground Economy: A Simulation-Based Analysis," CEIS Research Paper, Tor Vergata University, CEIS, number 366, Feb, revised 10 Feb 2016.
• Luca, Pieroni & Lorusso, Marco, 2015, "Are all the fiscal policy shocks identical? Analysing the effects on private consumption of civilian and military spending shocks," MPRA Paper, University Library of Munich, Germany, number 69084, Dec.
• Luca, Pieroni & Lorusso, Marco, 2015, "Are all the fiscal policy shocks identical? Analysing the effects on private consumption of civilian and military spending shocks," MPRA Paper, University Library of Munich, Germany, number 69151, Dec.
• Soyoung Kim & Aaron Mehrotra, 2015, "Managing price and financial stability objectives - what can we learn from the Asia-Pacific region?," BIS Working Papers, Bank for International Settlements, number 533, Dec.
• Pirschel, Inske, 2016, "Forecasting euro area recessions in real-time," Kiel Working Papers, Kiel Institute for the World Economy, number 2020.
• Ayelen Banegas & Ruth A. Judson & Charles Sims & Viktors Stebunovs, 2015, "International Dollar Flows," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1144, Sep, DOI: 10.17016/IFDP.2015.1144.
• Abbate, Angela & Thaler, Dominik, 2015, "Monetary policy and the asset risk-taking channel," Discussion Papers, Deutsche Bundesbank, number 48/2015.
• Michał Brzoza-Brzezina, 2016, "Why may large economies suffer more at the zero lower bound?," NBP Working Papers, Narodowy Bank Polski, number 230.
• Pierre Guérin & Danilo Leiva-Leon, 2015, "Model Averaging in Markov-Switching Models: Predicting National Recessions with Regional Data," Staff Working Papers, Bank of Canada, number 15-24, DOI: 10.34989/swp-2015-24.
• Garret Binding & Andreas Dibiasi, 2016, "Exchange Rate Uncertainty and Firm Investment Plans: Evidence from Swiss Survey Data," KOF Working papers, KOF Swiss Economic Institute, ETH Zurich, number 16-400, Jan, DOI: 10.3929/ethz-a-010691509.
• Lehmann, Robert & Wohlrabe, Klaus, 2016, "Experts, firms, consumers or even hard data? Forecasting employment in Germany," MPRA Paper, University Library of Munich, Germany, number 69611, Feb.
• Nikolaos Antonakakis & Rangan Gupta & Aviral K. Tiwari, 2016, "Time-Varying Correlations between Inflation and Stock Prices in the United States over the Last Two Centuries," Working Papers, University of Pretoria, Department of Economics, number 201605, Jan.
• Gharyeni, Abdellatif, 2015, "Dette Extérieure, Croissance Économique et Crises dans Les Pays En Développement : Un Bref Aperçu Théorique, Historique et Statistique
  [External Debt, Economic Growth and Crisis in Developing Countries: A brief Theoretical, Historical and Statisti," MPRA Paper, University Library of Munich, Germany, number 69244, Mar, revised 04 Feb 2106.
• Tomoyuki Nakajima & Shuhei Takahashi, 2016, "The Effectiveness of Consumption Taxes and Transfers as Insurance against Idiosyncratic Risk," KIER Working Papers, Kyoto University, Institute of Economic Research, number 933, Feb.
• Jermy, Amanda, 2016, "Will BRICS New Development Bank focus on off-US Dollar currencies as major currency- A review," MPRA Paper, University Library of Munich, Germany, number 69533, Feb.
• Arora, Vipin & Lieskovsky, Jozef, 2016, "Electricity Use as an Indicator of U.S. Economic Activity," EconStor Research Reports, ZBW - Leibniz Information Centre for Economics, number 126147.
• Simona Cociuba & Malik Shukayev & Alexander Ueberfeldt, 2016, "Collateralized Borrowing and Risk Taking at Low Interest Rates," Working Papers, University of Alberta, Department of Economics, number 2016-02, Feb.
• Hassan Afrouzi, 2016, "Endogenous firm competition and the cyclicality of markups," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 265, Feb, DOI: 10.24149/gwp265.
• Dilip M. Nachane, 2016, "Dynamic stochastic general equilibrium (dsge) modelling: Theory and practice," Indira Gandhi Institute of Development Research, Mumbai Working Papers, Indira Gandhi Institute of Development Research, Mumbai, India, number 2016-004, Jan.
• Michele Piffer & Maximilian Podstawski, 2016, "Identifying Uncertainty Shocks Using the Price of Gold," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1549.
• Horioka, Charles Yuji, 2015, "The Life And Work Of Martin Stuart ("Marty") Feldstein," AGI Working Paper Series, Asian Growth Research Institute, number 2015-03, Mar.
• Georgescu, George, 2016, "Prospects of Romania’s international investment position and financial stability risks," MPRA Paper, University Library of Munich, Germany, number 69501, Jan.
• Juncal Cunado & Soojin Jo & Fernando Perez de Gracia, 2015, "Revisiting the Macroeconomic Impact of Oil Shocks in Asian Economies," Staff Working Papers, Bank of Canada, number 15-23, DOI: 10.34989/swp-2015-23.
• Dong Beom Choi & Hyun-Soo Choi, 2016, "The effect of monetary policy on bank wholesale funding," Staff Reports, Federal Reserve Bank of New York, number 759, Jan.
• Michael Flor, 2014, "Post Reunification Economic Fluctuations in Germany: A Real Business Cycle Interpretation," Working Papers, Bavarian Graduate Program in Economics (BGPE), number 146, Apr.
• Alexander Fritsche & Katherine Ragan, 2016, "Extending the Labour Market Indicator to the Canadian Provinces," Discussion Papers, Bank of Canada, number 16-2, DOI: 10.34989/sdp-2016-2.
• Fernando Fernández-Rodríguez & Marta Gómez-Puig & Simón Sosvilla-Rivero, 2015, "Volatility spillovers in EMU sovereign bond markets," Working Papers, Asociación Española de Economía y Finanzas Internacionales, number 15-03, Mar.
• Ioannis Bournakis & Dimitris Christopoulos & Sushanta Mallick, 2015, "Knowledge Spillovers, absorptive capacity and growth: An Industry-level Analysis for OECD Countries," Working Papers, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research, number 57, Apr.
• Calista Cheung & Dmitry Granovsky, 2016, "New Housing Registrations as a Leading Indicator of the BC Economy," Discussion Papers, Bank of Canada, number 16-3, DOI: 10.34989/sdp-2016-3.
• Maxime Leboeuf & Robert Fay, 2016, "What Is Behind the Weakness in Global Investment?," Discussion Papers, Bank of Canada, number 16-5, DOI: 10.34989/sdp-2016-5.
• Item repec:hum:wpaper:sfb649dp2016-002 is not listed on IDEAS anymore

• Timothy S. Hills & Taisuke Nakata & Sebastian Schmidt, 2016, "The Risky Steady State and the Interest Rate Lower Bound," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-9, Feb, DOI: 10.17016/FEDS.2016.009.
• Manjhi, Ganesh & Keswani Mehra, Meeta, 2015, "Dynamics of Political Budget Cycle," MPRA Paper, University Library of Munich, Germany, number 68791, Oct.
• Gross, Marco & Población García, Francisco Javier, 2016, "Assessing the efficacy of borrower-based macroprudential policy using an integrated micro-macro model for European households," Working Paper Series, European Central Bank, number 1881, Feb.
• Zeynep Senyuz & Emre Yoldas, 2015, "Financial Stress and Equilibrium Dynamics in Money Markets," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2015-91, Aug, DOI: 10.17016/FEDS.2015.091.
• Jeremy J. Nalewaik, 2015, "Regime-Switching Models for Estimating Inflation Uncertainty," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2015-93, Sep, DOI: 10.17016/FEDS.2015.093.
• Kevin J. Lansing & Agnieszka Markiewicz, 2012, "Top Incomes, Rising Inequality, and Welfare," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 12-114/IV, Oct, revised 28 Apr 2015.
• Feige, Edgar L., 2016, "Reflections on the meaning and measurement of Unobserved Economies: What do we really know about the "Shadow Economy"," MPRA Paper, University Library of Munich, Germany, number 69271, Feb, revised 01 Feb 2016.
• Tara M. Sinclair & Hans Christian Müller-Dröge & Herman Stekler, 2014, "Evaluating Forecasts of a Vector of Variables: A German Forecasting Competition," Working Papers, The George Washington University, Institute for International Economic Policy, number 2014-17, Jul.
• William Dudley, 2016, "The U.S. economic outlook and implications for monetary policy," Speech, Federal Reserve Bank of New York, number 191, Jan.
• Eric Anderson & Benjamin A. Malin & Emi Nakamura & Duncan Simester & Jón Steinsson, 2015, "Informational Rigidities and the Stickiness of Temporary Sales," Staff Report, Federal Reserve Bank of Minneapolis, number 513, Jun.
• Anusha, , "Evaluating reliability of some symmetric and asymmetric univariate filters," Indira Gandhi Institute of Development Research, Mumbai Working Papers, Indira Gandhi Institute of Development Research, Mumbai, India, number 2015-030.
• Ssozi, John & Asongu, Simplice A, 2015, "The Comparative Economics of Catch-Up in Output per worker, total factor productivity and technological gain in Sub-Saharan Africa," MPRA Paper, University Library of Munich, Germany, number 69444, Sep.
• Basten, Christhoph & Koch, Cathérine, 2015, "Higher Bank Capital Requirements and Mortgage Pricing: Evidence from the Countercyclical Capital Buffer (CCB)," HIT-REFINED Working Paper Series, Institute of Economic Research, Hitotsubashi University, number 26, Jun.
• Gharyeni, Abdellatif & Jouili, Mustapha, 2015, "Dette extérieure et croissance économique dans les pays à revenu intermédiaire : Essai empirique
  [External Debt and Economic Growth in the Middle-Income Countries :Empirical Test]," MPRA Paper, University Library of Munich, Germany, number 69122, Mar, revised 31 Jan 2016.
• Metzger, Christoph, 2016, "Accounting of pay-as-you-go pension schemes using accrued-to-date liabilities: An example for Switzerland," FZG Discussion Papers, University of Freiburg, Research Center for Generational Contracts (FZG), number 59.
• Shaikh, salman Ahmed, 2014, "Welfare Potential of Zakat: An Attempt to Estimate Economy wide Zakat Collection in Pakistan," MPRA Paper, University Library of Munich, Germany, number 68752, Dec.
• Mostafa Shahee & Glenn P. Jenkins, 2016, "Income Inequality and the Cost of Recessions," Development Discussion Papers, JDI Executive Programs, number 2016-03, Mar.
• Christopher J. Gust & Benjamin K. Johannsen & J. David López-Salido, 2015, "Monetary Policy, Incomplete Information, and the Zero Lower Bound," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2015-99, Nov, DOI: 10.17016/FEDS.2015.099.
• KPEMOUA, Palakiyem, 2016, "Consommation d’énergie électrique et croissance économique au Togo
  [Electric energy consumption and economic growth in Togo]," MPRA Paper, University Library of Munich, Germany, number 69113, Jan, revised 30 Jan 2016.
• Pedro S. Amaral & James MacGee, 2016, "Trade, Relative Prices, and the Canadian Great Depression," Working Papers (Old Series), Federal Reserve Bank of Cleveland, number 1606, Feb.
• Kosonen, Tuomas & Harju, Jarkko & Nordström Skans, Oskar, 2015, "Firm types, price-setting strategies, and consumption-tax incidence," Working Papers, VATT Institute for Economic Research, number 70.
• Joanna Mackiewicz-Lyziak, 2014, "Fiscal sustainability in CEE countries – the case of the Czech Republic, Hungary and Poland," Working Papers, Institute of Economic Research, number 36/2014, Dec, revised Dec 2014.
• James B. Bullard, 2016, "Oil Prices, Inflation and U.S. Monetary Policy," Speech, Federal Reserve Bank of St. Louis, number 260, Jan.
• Mariko Hatase & Yoichi Matsubayashi, 2016, "Does government promote or hinder capital accumulation? Evidence from Japan' s high-growth era," Discussion Papers, Graduate School of Economics, Kobe University, number 1602, Feb.
• Alexander Ljungqvist & Michael Smolyansky, 2016, "To Cut or Not to Cut? On the Impact of Corporate Taxes on Employment and Income," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-6, Feb, DOI: 10.17016/FEDS.2016.006.
• Andrew C. Chang & Phillip Li, 2015, "Is Economics Research Replicable? Sixty Published Papers from Thirteen Journals Say \"Usually Not\"," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2015-83, Sep, DOI: 10.17016/FEDS.2015.083.
• Mirdala, Rajmund, 2015, "Exchange Rate Pass-Through in the Euro Area," MPRA Paper, University Library of Munich, Germany, number 68862, Jun.
• Koloch, Grzegorz, 2016, "Plausibility of big shocks within a linear state space setting with skewness," MPRA Paper, University Library of Munich, Germany, number 69001, Jan.
• Item repec:dnb:dnbwpp:499 is not listed on IDEAS anymore

• Celso Brunetti & Jeffrey H. Harris & Shawn Mankad & George Michailidis, 2015, "Interconnectedness in the Interbank Market," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2015-90, Sep, DOI: 10.17016/FEDS.2015.090.
• Mei Li & Frank Milne & Junfeng Qiu, 2016, "The Signaling Effect And Optimal Lolr Policy," Working Paper, Economics Department, Queen's University, number 1353, Jan.
• Antonello D'Agostino & Domenico Giannone & Michele Lenza & Michele Modugno, 2015, "Nowcasting Business Cycles: a Bayesian Approach to Dynamic Heterogeneous Factor Models," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2015-66, Aug, DOI: 10.17016/FEDS.2015.066.
• de Bruijn, L.P. & Segers, R. & Franses, Ph.H.B.F., 2014, "A Novel Approach to Measuring Consumer Confidence," Econometric Institute Research Papers, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute, number EI 2014-30, Nov.
• Carlos Madeira, 2016, "Explaining the Cyclical Volatility of Consumer Debt Risk," Working Papers Central Bank of Chile, Central Bank of Chile, number 772, Jan.
• Anna Wisniewska, 2015, "Bitcoin as a virtual currency," Working Papers, Institute of Economic Research, number 155/2015, Jun, revised Jun 2015.
• Item repec:hic:wpaper:203 is not listed on IDEAS anymore

• Elinder, Mikael & Erixson, Oscar & Waldenström, Daniel, 2015, "Inheritance and wealth inequality: Evidence from population registers," Working Paper Series, Center for Fiscal Studies, Uppsala University, Department of Economics, number 2015:3, Jun.
• Zhen Huo & José-Víctor Ríos-Rull, 2016, "The Great Recession and Financial Shocks," Economic Policy Paper, Federal Reserve Bank of Minneapolis, number 16-3, Feb.
• Minchul Shin & Molin Zhong, 2015, "Does Realized Volatility Help Bond Yield Density Prediction?," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2015-115, Dec, DOI: 10.17016/FEDS.2015.115.

Report NEP-MAC-2016-03-06

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: