Report NEP-MAC-2016-03-23

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:

• Anzoategui Zapata, Juan Camilo, 2015, "Impacto de política monetaria: una revisión empírica 2000 – 2013
  [Impact of monetary policy: an empirical review 2000 - 2013]," MPRA Paper, University Library of Munich, Germany, number 69349, Jan, revised 01 Dec 2014.
• Narayana Kocherlakota, 2016, "Fragility of Purely Real Macroeconomic Models," NBER Working Papers, National Bureau of Economic Research, Inc, number 21866, Jan.
• McKay, Alisdair & Reis, Ricardo, 2016, "The role of automatic stabilizers in the U.S. business cycle," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 64479, Jan.
• Jordan Roulleau-Pasdeloup, 2016, "The Government Spending Multiplier in a (Mis-)Managed Liquidity Trap," Cahiers de Recherches Economiques du Département d'économie, Université de Lausanne, Faculté des HEC, Département d’économie, number 16.03, Mar.
• Takatoshi Ito, 2016, "Japanization: Is it Endemic or Epidemic?," NBER Working Papers, National Bureau of Economic Research, Inc, number 21954, Feb.
• Corbisiero, Giuseppe, 2016, "Bank Lending, Collateral, and Credit Traps in a Monetary Union," Research Technical Papers, Central Bank of Ireland, number 02/RT/16, Mar.
• Sergey Sinelnikov-Murylev & Pavel Trunin, 2016, "Government Wealth Funds and Monetary Policy," Working Papers, Gaidar Institute for Economic Policy, number 148, revised 2016.
• Gabriel Chodorow-Reich & Johannes Wieland, 2016, "Secular Labor Reallocation and Business Cycles," NBER Working Papers, National Bureau of Economic Research, Inc, number 21864, Jan.
• Item repec:upd:utppwp:061 is not listed on IDEAS anymore

• Valerie A. Ramey, 2016, "Macroeconomic Shocks and Their Propagation," NBER Working Papers, National Bureau of Economic Research, Inc, number 21978, Feb.
• Guglielmo Maria Caporale & Abdurrahman Nazif Catik & Mohamad Husam Helmi & Faek Menla Ali & Mohammad Tajik, 2016, "The Bank Lending Channel in a Dual Banking System: Evidence from Malaysia," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1557.
• Martin Beraja & Erik Hurst & Juan Ospina, 2016, "The Aggregate Implications of Regional Business Cycles," NBER Working Papers, National Bureau of Economic Research, Inc, number 21956, Feb.
• Francesco Nucci & Marianna Riggi, 2016, "Labor force participation, wage rigidities, and inflation," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1054, Feb.
• Jang-Ting Guo & Shu-Hua Chen, 2016, "On Indeterminacy and Growth under Progressive Taxation and Utility-Generating Government Spending," Working Papers, University of California at Riverside, Department of Economics, number 201604, Mar.
• Fujisaki, Seiya, 2016, "Aggregate Stability in Monetary Economy with Consumption Tax and Taylor Rule," MPRA Paper, University Library of Munich, Germany, number 69833, Mar.
• Mayes David & Paloviita Maritta & Viren Matti, 2015, "The EMU and the anchoring of inflation expectations?," Discussion Papers, Aboa Centre for Economics, number 103, Dec.
• Alice, Albonico & Alessia, Paccagnini & Patrizio, Tirelli, 2016, "PIIGS in the Euro Area. An Empirical DSGE Model," Working Papers, University of Milano-Bicocca, Department of Economics, number 331, Mar, revised 11 Mar 2016.
• Xavier Gabaix, 2016, "Behavioral Macroeconomics Via Sparse Dynamic Programming," NBER Working Papers, National Bureau of Economic Research, Inc, number 21848, Jan.
• Paczos, Wojtek, 2016, "Optimal Inflation, Average Markups and Asymmetric Sticky Prices," Economics Working Papers, European University Institute, number ECO2016/03.
• Susanto Basu & Brent Bundick, 2015, "Endogenous Volatility at the Zero Lower Bound: Implications for Stabilization Policy," NBER Working Papers, National Bureau of Economic Research, Inc, number 21838, Dec.
• Jess Benhabib & Alberto Bisin, 2016, "Skewed Wealth Distributions: Theory and Empirics," NBER Working Papers, National Bureau of Economic Research, Inc, number 21924, Jan.
• Accolley, Delali, 2016, "Accounting for Business Cycles in Canada: I. The Role of Supply-Side Factors," MPRA Paper, University Library of Munich, Germany, number 69856, Mar.
• Mark Gertler & Nobuhiro Kiyotaki & Andrea Prestipino, 2016, "Wholesale Banking and Bank Runs in Macroeconomic Modelling of Financial Crises," NBER Working Papers, National Bureau of Economic Research, Inc, number 21892, Jan.
• Alejandro Justiniano & Giorgio E. Primiceri & Andrea Tambalotti, 2016, "A Simple Model of Subprime Borrowers and Credit Growth," NBER Working Papers, National Bureau of Economic Research, Inc, number 21942, Jan.
• Sophie Osotimehin & Francesco Pappa, 2016, "Credit frictions and the cleansing effect of recessions," Working papers, Banque de France, number 583.
• Gary Gorton & Guillermo Ordoñez, 2016, "Good Booms, Bad Booms," NBER Working Papers, National Bureau of Economic Research, Inc, number 22008, Feb.
• Grodecka, Anna, 2016, "Subprime Borrowers, Securitization and the Transmission of Business Cycles," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 317, Mar.
• Item repec:bof:bofrdp:urn:nbn:fi:bof-201508211365 is not listed on IDEAS anymore

• Joseph Davis & Marc D. Weidenmier, 2016, "America's First Great Moderation," NBER Working Papers, National Bureau of Economic Research, Inc, number 21856, Jan.
• Item repec:qmw:qmwecw:wp784 is not listed on IDEAS anymore

• Huber, Florian & Punzi, Maria Teresa, 2016, "International housing markets, unconventional monetary policy and the zero lower bound," FinMaP-Working Papers, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 58.
• Guay Lim & Sarantis Tsiaplias, 2016, "Non-Linearities in the Relationship between House Prices and Interest Rates: Implications for Monetary Policy," Melbourne Institute Working Paper Series, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne, number wp2016n02, Jan.
• Jeffrey A. Frankel, 2016, "International Coordination," NBER Working Papers, National Bureau of Economic Research, Inc, number 21878, Jan.
• Soldatos, Gerasimos T., 2015, "An Anti-Austerity Policy Recipe against Debt Accumulation in the Presence of Hidden Economy," MPRA Paper, University Library of Munich, Germany, number 69911.
• Lars E.O. Svensson, 2016, "Cost-Benefit Analysis of Leaning Against the Wind," NBER Working Papers, National Bureau of Economic Research, Inc, number 21902, Jan.
• Per Krusell & Leena Rudanko, 2016, "Unions in a frictional labor market," Working Papers, Federal Reserve Bank of Philadelphia, number 16-7, Feb.
• Alexander Bick & Nicola Fuchs-Schündeln & David Lagakos, 2016, "How do Hours Worked Vary with Income? Cross-Country Evidence and Implications," NBER Working Papers, National Bureau of Economic Research, Inc, number 21874, Jan.
• Item repec:bof:bofitp:urn:nbn:fi:bof-201503111111 is not listed on IDEAS anymore

• Item repec:bof:bofrdp:urn:nbn:fi:bof-201512101464 is not listed on IDEAS anymore

• Item repec:bof:bofrdp:urn:nbn:fi:bof-201508041349 is not listed on IDEAS anymore

• Carmen M. Reinhart & Vincent Reinhart & Christoph Trebesch, 2016, "Global Cycles: Capital Flows, Commodities, and Sovereign Defaults, 1815-2015," NBER Working Papers, National Bureau of Economic Research, Inc, number 21958, Feb.
• Stangebye, Zachary, 2015, "Dynamic Panics: Theory and Application to the Eurozone," MPRA Paper, University Library of Munich, Germany, number 69967, Apr.
• Tomasz Łyziak, 2016, "The impact of financial crisis and low inflation environment on short-term inflation expectations in Poland," NBP Working Papers, Narodowy Bank Polski, number 235.
• Kinda Cheryl Hachem & Zheng Michael Song, 2016, "Liquidity Rules and Credit Booms," NBER Working Papers, National Bureau of Economic Research, Inc, number 21880, Jan.
• Libero Monteforte & Giordano Zevi, 2016, "An inquiry into manufacturing capacity in Italy after the double-dip recession," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 302, Jan.
• Arito Ono & Kosuke Aoki & Shinichi Nishioka & Kohei Shintani & Yosuke Yasui, 2016, "Long-term interest rates and bank loan supply: Evidence from firm-bank loan-level data," Bank of Japan Working Paper Series, Bank of Japan, number 16-E-2, Mar.
• Item repec:bof:bofrdp:urn:nbn:fi:bof-201508131350 is not listed on IDEAS anymore

• Aurélien Goutsmedt, 2016, "The New Classical Explanation of the Stagflation: A Psychological Way of Thinking," Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, number 16018, Feb.
• Severin Bernhard, 2016, "A real-time GDP data set for Switzerland," Economic Studies, Swiss National Bank, number 2016-09.
• Rajnish Mehra & Arunima Sinha, 2016, "The Term Structure of Interest Rates in India," NBER Working Papers, National Bureau of Economic Research, Inc, number 22020, Feb.
• Chad Syverson, 2016, "Challenges to Mismeasurement Explanations for the U.S. Productivity Slowdown," NBER Working Papers, National Bureau of Economic Research, Inc, number 21974, Feb.
• Turhan, Ibrahim M. & Gumus, Nihat, 2014, "On the relative importance of monetary transmission channels in Turkey," MPRA Paper, University Library of Munich, Germany, number 69827, May, revised 12 May 2014.
• Nikhil Patel, 2016, "International Trade Finance and the Cost Channel of Monetary Policy in Open Economies," BIS Working Papers, Bank for International Settlements, number 539, Jan.
• Gerdie Everaert & Lorenzo Pozzi & Ruben Schoonackers, 2016, "On The Stability Of The Excess Sensitivity Of Aggregate Consumption Growth In The Us," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium, Ghent University, Faculty of Economics and Business Administration, number 16/917, Jan.
• Waqas Ahmed & Sajawal Khan & Muhammad Rehman, 2016, "Optimal Monetary Policy in the Presence of Sizable Informal Sector and Firm Level Credit Constraint," SBP Working Paper Series, State Bank of Pakistan, Research Department, number 72, Feb.
• Daniele, Vittorio, 2015, "Una stagnazione secolare? Italia, Giappone, Stati Uniti, 1950-2015
  [Towards a secular stagnation? Italy, Japan, United States, 1950-2015]," MPRA Paper, University Library of Munich, Germany, number 69997, Nov.
• Item repec:bof:bofitp:urn:nbn:fi:bof-201505201211 is not listed on IDEAS anymore

• Duwicquet, Vincent & Mazier, Jacques & Petit, Pascal & Saadaoui, Jamel, 2015, "The future of the euro," MPRA Paper, University Library of Munich, Germany, number 67690, Feb.
• 植杉, 威一郎 & 坂井, 功治, 2016, "日本企業の資金再配分," HIT-REFINED Working Paper Series, Institute of Economic Research, Hitotsubashi University, number 39, Feb.
• Gaetano Gaballo & Ramon Marimon, 2016, "Breaking the Spell with Credit-Easing: Self-Confirming Credit Crises in Competitive Search Economies," NBER Working Papers, National Bureau of Economic Research, Inc, number 22006, Feb.
• Item repec:bof:bofitp:urn:nbn:fi:bof-201511231446 is not listed on IDEAS anymore

• Makoto Nakajima & Didem Tuzemen, 2015, "Health-care reform or labor market reform? a quantitative analysis of the Affordable Care Act," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 15-10, Sep.
• Christopher S. Carpenter & Chandler B. McClellan & Daniel I. Rees, 2016, "Economic Conditions, Illicit Drug Use, and Substance Use Disorders in the United States," NBER Working Papers, National Bureau of Economic Research, Inc, number 22051, Feb.
• Quaas, Friedrun & Quaas, Georg, 2016, "Effekte des Kapitalmarktzinses auf die Preis- und Produktivitätsentwicklung: Eine Analyse der deutschen Volkswirtschaft 1970-2014," Working Papers, University of Leipzig, Faculty of Economics and Management Science, number 144.
• Item repec:bof:bofitp:urn:nbn:fi:bof-201506091268 is not listed on IDEAS anymore

• Item repec:rza:wpaper:577 is not listed on IDEAS anymore

• Kaiji Chen & Jue Ren & Tao Zha, 2016, "What We Learn from China's Rising Shadow Banking: Exploring the Nexus of Monetary Tightening and Banks' Role in Entrusted Lending," NBER Working Papers, National Bureau of Economic Research, Inc, number 21890, Jan.
• Item repec:bof:bofitp:urn:nbn:fi:bof-201503111109 is not listed on IDEAS anymore

• Razmi, Fatemeh & M., Azali & Chin, Lee & Habibullah, Muzafar Shah, 2015, "The effects of oil price and US economy on Thailand's macroeconomy: The role of monetary transmission mechanism," MPRA Paper, University Library of Munich, Germany, number 69096.
• Alessandro Dovis & Mikhail Golosov & Ali Shourideh, 2016, "Political Economy of Sovereign Debt: A Theory of Cycles of Populism and Austerity," NBER Working Papers, National Bureau of Economic Research, Inc, number 21948, Jan.
• Item repec:bof:bofrdp:urn:nbn:fi:bof-201511261452 is not listed on IDEAS anymore

• Andrea Bastianin & Marzio Galeotti & Matteo Manera, 2015, "The Impacts of Exogenous Oil Supply Shocks on Mediterranean Economies," Working Papers, Fondazione Eni Enrico Mattei, number 2015.100, Oct.
• Item repec:rza:wpaper:583 is not listed on IDEAS anymore

• Robert J. Barro & Gordon Y. Liao, 2016, "Options-Pricing Formula with Disaster Risk," NBER Working Papers, National Bureau of Economic Research, Inc, number 21888, Jan.
• Kano, Takashi & 加納, 隆, 2019, "Exchange Rates and Fundamentals: A General Equilibrium Exploration," Discussion paper series, Hitotsubashi Institute for Advanced Study, Hitotsubashi University, number HIAS-E-19, Apr.
• Hyeongwoo Kim & Jintae Kim, 2016, "Price Adjustment to the Exchange Rate Shock in World Commodity Markets," Auburn Economics Working Paper Series, Department of Economics, Auburn University, number auwp2016-01, Mar.
• Dovern, Jonas & Hartmann, Matthias, 2016, "Forecast Performance, Disagreement, and Heterogeneous Signal-to-Noise Ratios," Working Papers, University of Heidelberg, Department of Economics, number 0611, Mar.
• Jesús Fernández-Villaverde & Juan F. Rubio Ramírez & Frank Schorfheide, 2016, "Solution and Estimation Methods for DSGE Models," NBER Working Papers, National Bureau of Economic Research, Inc, number 21862, Jan.
• Item repec:unt:escsti:sti82 is not listed on IDEAS anymore

• Donadelli, Michael & Paradiso, Antonio & Riedel, Max, 2015, "A novel ex-ante leading indicator for the EU industrial production," SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE, number 118, DOI: 10.2139/ssrn.2694608.
• Gros, Daniel, 2015, "What signal from the Fed? Should the ECB ease further?," CEPS Papers, Centre for European Policy Studies, number 10940, Sep.
• David Lagakos & Benjamin Moll & Tommaso Porzio & Nancy Qian & Todd Schoellman, 2016, "Life-Cycle Human Capital Accumulation Across Countries: Lessons From U.S. Immigrants," NBER Working Papers, National Bureau of Economic Research, Inc, number 21914, Jan.
• Jeffrey Clemens, 2015, "The Minimum Wage and the Great Recession: Evidence from the Current Population Survey," NBER Working Papers, National Bureau of Economic Research, Inc, number 21830, Dec.
• Juan Manuel Julio & Norberto Rodríguez & Hector Zárate, 2005, "Estimating the COP Exchange Rate Volatility Smile and the Market Effect of Central Bank Interventions: A CHARN Approach," Borradores de Economia, Banco de la Republica de Colombia, number 347, Aug, DOI: 10.32468/be.347.
• Item repec:rza:wpaper:585 is not listed on IDEAS anymore

• Davide Delle Monache & Ivan Petrella, 2016, "Adaptive models and heavy tails," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1052, Feb.
• Wolters, Maik H., 2016, "How the baby boomers' retirement wave distorts model-based output gap estimates," Kiel Working Papers, Kiel Institute for the World Economy, number 2031.
• Claudiu Tiberiu Albulescu & Christian Aubin & Daniel Goyeau, 2016, "Stock prices, inflation and inflation uncertainty in the U.S.: Testing the long-run relationship considering Dow Jones sector indexes," Working Papers, HAL, number hal-01282481, Mar.
• Juergen Jung & Chung Tran & Matthew Chambers, 2016, "Aging and Health Financing in the U.S. A General Equilibrium Analysis," Working Papers, Towson University, Department of Economics, number 2016-04, Mar, revised Apr 2017.
• Jasmin Thomas, 2016, "Explaining Industry Differences in IT Investment Per Worker Between Canada and the United States, 2002-2013," CSLS Research Reports, Centre for the Study of Living Standards, number 2016-01, Mar.
• Diewert, W. Erwin & Shimizu, Chihiro, 2016, "Hedonic Regression Models for Tokyo Condominium Sales," HIT-REFINED Working Paper Series, Institute of Economic Research, Hitotsubashi University, number 32, Jan.
• Asian Development Bank (ADB) & Asian Development Bank (ADB) & Asian Development Bank (ADB) & Asian Development Bank (ADB), 2015, "Financial Soundness Indicators for Financial Sector Stability in Georgia," ADB Reports, Asian Development Bank (ADB), number RPT157600-2, Sep.
• Chirwa, Themba G & Odhiambo, Nicholas M, 2016, "The drivers of real sector growth in Malawi: an empirical investigation," Working Papers, University of South Africa, Department of Economics, number 20037, Mar.
• Russell Cooper & Huacong Liu, 2016, "MisMatch in Human Capital Accumulation," NBER Working Papers, National Bureau of Economic Research, Inc, number 22010, Feb.
• Item repec:dnb:dnbwpp:507 is not listed on IDEAS anymore

• Hernán Rincón-Castro & Norberto Rodríguez-Niño, 2016, "Nonlinear Pass-Through of Exchange Rate Shocks on Inflation: A Bayesian Smooth Transition VAR Approach," Borradores de Economia, Banco de la Republica de Colombia, number 930, Mar, DOI: 10.32468/be.930.
• Mikhail Golosov & Aleh Tsyvinski & Nicolas Werquin, 2016, "Recursive Contracts and Endogenously Incomplete Markets," NBER Working Papers, National Bureau of Economic Research, Inc, number 22012, Feb.
• Shakhzod Ismailov & Makoto Kakinaka & Hiroaki Miyamoto, 2016, "Choice of inflation targeting: Some international evidence," Working Papers, Kochi University of Technology, School of Economics and Management, number SDES-2016-2, Mar, revised Mar 2016.
• Wahyoe Soedarmono & Sigid Eko Pramono & Amine Tarazi, 2016, "The procyclicality of loan loss provisions in Islamic banks: Do managerial discretions matter?," Working Papers, HAL, number hal-01281151, Mar.
• Item repec:bdi:opques:qef_303_15 is not listed on IDEAS anymore

• Donald B. Keim & Olivia S. Mitchell, 2016, "Simplifying Choices in Defined Contribution Retirement Plan Design," NBER Working Papers, National Bureau of Economic Research, Inc, number 21854, Jan.
• Stanley Fischer, 2016, "Reflections on Macroeconomics Then and Now : a speech at the \"Policy Challenges in an Interconnected World\" 32nd Annual National Association for Business Economics Economic Policy Conferen," Speech, Board of Governors of the Federal Reserve System (U.S.), number 892, Mar.
• Lars P. Hansen & Thomas J. Sargent, 2016, "Sets of Models and Prices of Uncertainty," NBER Working Papers, National Bureau of Economic Research, Inc, number 22000, Feb.
• Item repec:hum:wpaper:sfb649dp2016-013 is not listed on IDEAS anymore

Report NEP-MAC-2016-03-23

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: