Report NEP-MAC-2016-04-04

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:

• Dario Caldara & Cristina Fuentes-Albero & Simon Gilchrist & Egon Zakrajšek, 2016, "The Macroeconomic Impact of Financial and Uncertainty Shocks," NBER Working Papers, National Bureau of Economic Research, Inc, number 22058, Mar.
• Sarunas Girdenas, 2016, "A Note on Simple Monetary Policy Rules with Labour Market and Financial Frictions," Discussion Papers, University of Exeter, Department of Economics, number 1601.
• Fabian Winkler, 2016, "The Role of Learning for Asset Prices and Business Cycles," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-019, Jan, DOI: 10.17016/FEDS.2016.019r1.
• Martin Feldkircher & Florian Huber, 2016, "Unconventional US Monetary Policy: New Tools, Same Channels?," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp222, Mar.
• Kollmann, Robert & Vogel, Lukas, 2015, "Discussion of ‘Market Reforms in the Time of Imbalance’ (M. Cacciatore, R.Duval, G. Fiori, F. Ghironi)," MPRA Paper, University Library of Munich, Germany, number 70194.
• Kang Dae Woong & Nick Ligthart & Ashoka Mody, 2015, "The European Central Bank: Building a Shelter in a Storm," Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies., number 248, Dec.
• Krebs, Tom & Scheffel, Martin, 2016, "Structural Reform in Germany," IZA Discussion Papers, Institute of Labor Economics (IZA), number 9787, Mar.
• Gary Gorton & Ellis W. Tallman, 2016, "Too-Big-To-Fail Before the Fed," NBER Working Papers, National Bureau of Economic Research, Inc, number 22064, Mar.
• Tanweer Akram, 2016, "Japan's Liquidity Trap," Economics Working Paper Archive, Levy Economics Institute, number wp_862, Mar.
• Mehmet Balcilar & Riza Demirer & Rangan Gupta & Reneé van Eyden, 2016, "Effectiveness of Monetary Policy in the Euro Area: The Role of US Economic Policy Uncertainty," Working Papers, University of Pretoria, Department of Economics, number 201620, Mar.
• Troy Davig & Refet S. Gürkaynak, 2015, "Is optimal monetary policy always optimal?," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 15-5, Jul.
• De Koning, Kees, 2016, "Are countries prepared for the next recession?," MPRA Paper, University Library of Munich, Germany, number 70209, Mar.
• Paolo Canofari & Giancarlo Marini & Giovanni Piersanti, 2014, "Expectations and Systemic Risk in EMU Government Bond Spreads," LEAP Working Papers, Luiss Institute for European Analysis and Policy, number 2014/1, Jun.
• Alberto Cardaci & Francesco Saraceno, 2016, "Inequality, Financialisation and Credit Booms - a Model of Two Crises," LEAP Working Papers, Luiss Institute for European Analysis and Policy, number 2016/2, Feb.
• Kohlbrecher, Britta & Merkl, Christian, 2016, "Business Cycle Asymmetries and the Labor Market," IZA Discussion Papers, Institute of Labor Economics (IZA), number 9816, Mar.
• Shigeto Kitano & Kenya Takaku, 2016, "Capital Controls as a Credit Policy Tool in a Small Open Economy," Discussion Paper Series, Research Institute for Economics & Business Administration, Kobe University, number DP2016-11, Mar, revised Jul 2017.
• Stephanos Papadamou & Moïse Sidiropoulos & Eleftherios Spyromitros, 2016, "Central Bank Independence and the Dynamics of Public Debt?," Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg, number 2016-15.
• Brent Bundick & Andrew Lee Smith, 2016, "The dynamic effects of forward guidance shocks," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 16-2, Jan, DOI: 10.18651/RWP2016-02.
• BLINOV, Sergey, 2016, "Negative Consequences of Smooth Devaluation," MPRA Paper, University Library of Munich, Germany, number 70292, Mar.
• Item repec:hum:wpaper:sfb649dp2016-015 is not listed on IDEAS anymore

• Kim, Minseong, 2016, "Futures market approach to understanding equity premium puzzle," MPRA Paper, University Library of Munich, Germany, number 70310, Mar.
• Carlos Viana de Carvalho & André D. Vilela, 2015, "What if Brazil Hadn't Floated the Real in 1999?," Textos para discussão, Department of Economics PUC-Rio (Brazil), number 647, Nov.
• Gino Gancia & Alessandra Bonfiglioli, 2015, "Economic Uncertainty and Structural Reforms," Working Papers, Barcelona School of Economics, number 847, Nov.
• Hafedh BOUAKEZ & Rigas OIKONOMOU & Romanos PRIFTIS, 2016, "Optimal Debt Management in a Liquidity Trap," LIDAM Discussion Papers IRES, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES), number 2016005, Jan.
• Stephanos Papadamou & Moïse Sidiropoulos & Eleftherios Spyromitros, 2016, "Does Central Bank Independence Affect Stock Market Volatility?," Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg, number 2016-14.
• Jesús Rodríguez-López & Gustavo A. Marrero & Rosa Marina González-Marrero & Teresa Leal-Linares, 2016, "Road accidents and business cycles in Spain," Working Papers, Universidad Pablo de Olavide, Department of Economics, number 16.05, Mar.
• Amat Adarov & Vasily Astrov & Serkan Çiçek & Rumen Dobrinsky & Vladimir Gligorov & Doris Hanzl-Weiss & Peter Havlik & Mario Holzner & Gabor Hunya & Simona Jokubauskaite & Sebastian Leitner & Isilda Ma, 2016, "Growth Stabilises: Investment a Major Driver, Except in Countries Plagued by Recession," wiiw Forecast Reports, The Vienna Institute for International Economic Studies, wiiw, number Spring2016, Mar.
• Ismael, Mohanad & Sadeq, Tareq, 2016, "Does Phillips Exist in Palestine? An Empirical Evidence," MPRA Paper, University Library of Munich, Germany, number 70245, Mar.
• Elliot Aurissergues, 2016, "Demand shocks, new keynesian model and supply effects of monetary policy," Working Papers, HAL, number halshs-01288980, Feb.
• Katharina Greulich & Sarolta Laczó & Albert Marcet, 2016, "Pareto-Improving Optimal Capital and Labor Taxes," Working Papers, Barcelona School of Economics, number 887, Mar.
• Gourinchas, Pierre-Olivier & Caballero, Ricardo & Farhi, Emmanuel, 2016, "Safe Asset Scarcity and Aggregate Demand," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11170, Mar.
• Vesna Stojcevska & Mite Miteski, 2016, "Assessment of the Impact of Fiscal Policy on the Current Account – the Twin Deficit Hypothesis in the Case of Macedonian Economy," Working Papers, National Bank of the Republic of North Macedonia, number 2016-01, Jan.
• Antonio Acconcia & Giancarlo Corsetti & Saverio Simonelli, 2015, "The Consumption Response to Liquidity-Enhancing Transfers: Evidence from Italian Earthquakes," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 1553, Mar.
• Roberto Torrini, 2016, "Labour, profit and housing rent shares in Italian GDP: long-run trends and recent patterns," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 318, Mar.
• Potjagailo, Galina, 2016, "Spillover effects from euro area monetary policy across the EU: A factor-augmented VAR approach," Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel), number 2033.
• Gani Ramadani & Nikola Naumovski, 2014, "Wage and Price Setting in Macedonia: Evidence from Survey Data," Working Papers, National Bank of the Republic of North Macedonia, number 2015-05, Sep.
• Brant Abbott & Giovanni Gallipoli & Costas Meghir & Giovanni L. Violante, 2013, "Education Policy�and Intergenerational Transfers in Equilibrium," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University, number 1887R, Feb, revised Mar 2016.
• Paul Cashin & Kamiar Mohaddes & Mehdi Raissi, 2016, "China’s slowdown and global financial market volatility: is world growth losing out?," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 270, Mar, DOI: 10.24149/gwp270.
• Hazama, Makoto & Hosono, Kaoru & Uesugi, Iichiro, 2016, "The Effect of Real Estate Prices on Banks' Lending Channel," HIT-REFINED Working Paper Series, Institute of Economic Research, Hitotsubashi University, number 53, Mar.
• Michele Piffer, 2016, "Monetary Policy and Defaults in the US," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1559.
• Mirko Armiento, 2016, "The Sustainable Welfare Index for Italy, 1960-2013," Working Papers, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, number 1601, revised 2016.
• William R. Cline, 2016, "Benefits and Costs of Higher Capital Requirements for Banks," Working Paper Series, Peterson Institute for International Economics, number WP16-6, Mar.
• Stefan Avdjiev & Elod Takats, 2016, "Monetary policy spillovers and currency networks in cross-border bank lending," BIS Working Papers, Bank for International Settlements, number 549, Mar.
• Ono, Arito & Aoki, Kosuke & Nishioka, Shinichi & Shintani, Kohei & Yasui, Yosuke, 2018, "Long-term interest rates and bank loan supply: Evidence from firm-bank loan-level data," HIT-REFINED Working Paper Series, Institute of Economic Research, Hitotsubashi University, number 43, Feb.
• Ojo, Marianne, 2016, "E commerce as a tool for resource expansion: postal partnerships, data protection legislation and the mitigation of implementation gaps," MPRA Paper, University Library of Munich, Germany, number 70175, Mar.
• Kuga Iakov & Elena Kuzmina, 2016, "Covered interest parity: evidence from Russian money market," EERC Working Paper Series, EERC Research Network, Russia and CIS, number 16/01e, Mar.
• Reinhart, Carmen M. & Trebesch, Christoph, 2015, "The International Monetary Fund: 70 Years of Reinvention," Discussion Papers in Economics, University of Munich, Department of Economics, number 26564, Dec.
• Castro, César & Jiménez-Rodríguez, Rebeca, 2016, "Oil price pass-through along the price chain in the euro area," MPRA Paper, University Library of Munich, Germany, number 70227, Mar.
• Bittschi, Benjamin & Borgloh, Sarah & Moessinger, Marc-Daniel, 2016, "On tax evasion, entrepreneurial generosity and fungible assets," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 16-024.
• Angelov, Aleks & Vasilev, Aleksandar, 2016, "Using Computer Simulators for Teaching Macroeconomics at the Undergraduate Level," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 129504, Feb.
• Njindan Iyke, Bernard, 2016, "Are Monetary Policy Disturbances Important in Ghana? Some Evidence from Agnostic Identification," MPRA Paper, University Library of Munich, Germany, number 70205, Feb.
• Mehlum, Halvor & Torvik, Ragnar & Valente, Simone, 2016, "The Savings Multiplier," MPRA Paper, University Library of Munich, Germany, number 70124, Mar.
• Sargsyan Hayk, 2016, "Determinants of Monetary Transmission in Armenia," EERC Working Paper Series, EERC Research Network, Russia and CIS, number 16/02e, Mar.
• Yulei Luo & Jun Nie & Eric Young, 2015, "Robust permanent income in general equilibrium," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 15-14, Oct, DOI: 10.18651/RWP2015-14.
• Claudio Borio & Marco Jacopo Lombardi & Fabrizio Zampolli, 2016, "Fiscal sustainability and the financial cycle," BIS Working Papers, Bank for International Settlements, number 552, Mar.
• Richard G. Anderson & Michael Bordo & John V. Duca, 2016, "Money and Velocity During Financial Crises: From the Great Depression to the Great Recession," NBER Working Papers, National Bureau of Economic Research, Inc, number 22100, Mar.
• José Ramón García & Valeri Sorolla, 2016, "The Calmfors-Driffill Hypothesis with Labour Market Frictions and Regulated Goods Markets," Working Papers, Barcelona School of Economics, number 889, Mar.
• Ichiro Muto & Nao Sudo & Shunichi Yoneyama, , "Productivity Slowdown in Japan's Lost Decades: How Much of It Can Be Attributed to Damaged Balance Sheets?," Bank of Japan Working Paper Series, Bank of Japan, number 16-E-3.
• Tang, Maggie May-Jean, 2016, "A Review of the Literature on Monetary Neutrality," MPRA Paper, University Library of Munich, Germany, number 70113, Mar.
• Kris James Mitchener & Gary Richardson, 2016, "Network Contagion and Interbank Amplification during the Great Depression," NBER Working Papers, National Bureau of Economic Research, Inc, number 22074, Mar.
• Asongu, Simplice & Tchamyou, Vanessa, 2015, "Mobile Phones in Conflicts of Financial Intermediation," MPRA Paper, University Library of Munich, Germany, number 70242, Aug, revised Dec 2015.
• Asongu, Simplice, 2015, "Addressing a Root Cause of Sub Saharan Africa’s Poverty Tragedy: Horizons for post-2015 Common Capital Flight Policies," MPRA Paper, University Library of Munich, Germany, number 70241, Nov.
• Patrick T. Harker, 2016, "Growth and the role of economic policies," Speech, Federal Reserve Bank of Philadelphia, number 117, Mar.
• Alain Galli, 2016, "How reliable are cointegration-based estimates for wealth effects on consumption? Evidence from Switzerland," Working Papers, Swiss National Bank, number 2016-03.
• Pawe{l} Smaga & Mateusz Wili'nski & Piotr Ochnicki & Piotr Arendarski & Tomasz Gubiec, 2016, "Can banks default overnight? Modeling endogenous contagion on O/N interbank market," Papers, arXiv.org, number 1603.05142, Mar.
• Vasco M. Carvalho & Basile Grassi, 2016, "Large Firm Dynamics and the Business Cycle," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 1556, Apr.
• Juan Carlos Escanciano & Stefan Hoderlein & Arthur Lewbel & Oliver Linton, 2015, "Nonparametric Euler Equation Identification andEstimation," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 1560, Oct.
• Federica Ciocchetta & Wanda Cornacchia & Roberto Felici & Michele Loberto, 2016, "Assessing financial stability risks from the real estate market in Italy," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 323, Mar.
• Item repec:imf:imfwpa:16/55 is not listed on IDEAS anymore

• Item repec:imf:imfwpa:16/59 is not listed on IDEAS anymore

• Michelle Lewis, 2016, "Inflation expectations curve: a tool for monitoring inflation expectations," Reserve Bank of New Zealand Analytical Notes series, Reserve Bank of New Zealand, number AN2016/01, Mar.
• Dalvai, Wilfried, 2016, "Urban costs, wages, and selection," Thuenen-Series of Applied Economic Theory, University of Rostock, Institute of Economics, number 144.
• Piero Esposito & Marcello Messori, 2016, "Improved Structural Competitiveness or Deep Recession? On the recent macroeconomic rebalances in the EMU," LEAP Working Papers, Luiss Institute for European Analysis and Policy, number 2016/3, Mar.
• Item repec:imf:imfwpa:16/58 is not listed on IDEAS anymore

• Inderst, Georg, 2015, "Social infrastructure investment: private finance and institutional investors," MPRA Paper, University Library of Munich, Germany, number 69504, Dec.
• Bukvić, Rajko & Pavlović, Radica, 2014, "Неокласична Економска Теорија И Проблеми Економског Развоја
  [Neoclassical economic theory and the problems of economic development]," MPRA Paper, University Library of Munich, Germany, number 70092, Apr, revised 08 Apr 2014.
• Matteo Barigozzi & Marco Lippi & Matteo Luciani, 2016, "Dynamic Factor Models, Cointegration, and Error Correction Mechanisms," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-018, Feb, DOI: 10.17016/FEDS.2016.018.
• 江上, 雅彦 & 細野, 薫, 2016, "証券化による発行者の資産リスクの変動と資本市場の評価―J-Reitのケース・スタディ―," HIT-REFINED Working Paper Series, Institute of Economic Research, Hitotsubashi University, number 54, Mar.
• Rigas OIKONOMOU, 2016, "Unemployment Insurance with Limited Commitment Wage Contracts and Savings," LIDAM Discussion Papers IRES, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES), number 2016006, Feb.
• Ahad, Muhammad, 2015, "Financial Development and Money Demand Function: Cointegration, Causality and Variance Decomposition Analysis for Pakistan," MPRA Paper, University Library of Munich, Germany, number 70033.
• Kollmann, Robert, 2016, "International Business Cycles and Risk Sharing with Uncertainty Shocks and Recursive Preferences," MPRA Paper, University Library of Munich, Germany, number 70183.
• João Barata Ribeiro Blanco Barroso, 2016, "Quantitative Easing and United States Investor Portfolio Rebalancing Towards Foreign Assets," Working Papers Series, Central Bank of Brazil, Research Department, number 420, Mar.
• Item repec:imf:imfwpa:16/54 is not listed on IDEAS anymore

• Christian Hepenstrick & Massimiliano Marcellino, 2016, "Forecasting with Large Unbalanced Datasets: The Mixed-Frequency Three-Pass Regression Filter," Working Papers, Swiss National Bank, number 2016-04.
• Taeyoung Doh & Shu Wu, 2015, "Cash flow and risk premium dynamics in an equilibrium asset-pricing model with recursive preferences," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 15-12, Oct.
• Douglas W. Diamond & Anil K. Kashyap, 2016, "Liquidity Requirements, Liquidity Choice and Financial Stability," NBER Working Papers, National Bureau of Economic Research, Inc, number 22053, Mar.
• Phiri, Andrew, 2016, "Long run equilibrium adjustment between inflation and stock market returns in South Africa: A nonlinear perspective," MPRA Paper, University Library of Munich, Germany, number 70260, Mar.
• Item repec:men:wpaper:58_2015 is not listed on IDEAS anymore

• von Weizsäcker, Carl Christian, 2016, "Global-Soziale Marktwirtschaft und die Flüchtlingsfrage," HWWI Policy Papers, Hamburg Institute of International Economics (HWWI), number 95.
• Curatola, Giuliano, 2016, "Preference evolution and the dynamics of capital markets," SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE, number 128, DOI: 10.2139/ssrn.2747269.
• Alberto G. Musalem, 2016, "International spillovers and policies," Speech, Federal Reserve Bank of New York, number 196, Mar.
• Møller, Niels Framroze, 2016, "How to decode Unemployment Persistence: An econometric framework for identifying and comparing the sources of persistence," MPRA Paper, University Library of Munich, Germany, number 70058, Mar.
• Item repec:imf:imfwpa:16/40 is not listed on IDEAS anymore

• Paulo Bastos & Natália P. Monteiro & Odd Rune Straume, 2016, "Foreign acquisition and internal organization," NIPE Working Papers, NIPE - Universidade do Minho, number 5/2016.
• Roe, Terry L. & Smith, Rodney B.W., 2015, "Mainstreaming of ecosystem services into sectoral and macroeconomic policies and programmes of Republic of Kazakhstan," Miscellaneous Publications, University of Minnesota, Department of Applied Economics, number 232877, DOI: 10.22004/ag.econ.232877.
• Ricardo Ferraz, 2016, "Finanças Públicas Portuguesas Sustentáveis no Estado Novo (1933-1974)?," GEE Papers, Gabinete de Estratégia e Estudos, Ministério da Economia, number 0056, Mar, revised Mar 2016.
• Alberto Cavallo & Guillermo Cruces & Ricardo Perez-Truglia, 2016, "Learning from Potentially-Biased Statistics: Household Inflation Perceptions and Expectations in Argentina," NBER Working Papers, National Bureau of Economic Research, Inc, number 22103, Mar.
• Item repec:spo:wpmain:info:hdl:2441/3ue77f8hlr9m3bm08s9iuigom6 is not listed on IDEAS anymore

• Olga Kuznetsova, 2016, "The Value of Public Information in a Two-Region Model," HSE Working papers, National Research University Higher School of Economics, number WP BRP 126/EC/2016.
• Tomas Krehlik & Jozef Barunik, 2016, "Cyclical properties of supply-side and demand-side shocks in oil-based commodity markets," Papers, arXiv.org, number 1603.07020, Mar, revised Jan 2017.
• Eric Dubois, 2016, "Political Business Cycles 40 Years after Nordhaus," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL, number hal-01291401, Feb, DOI: 10.1007/s11127-016-0313-z.
• Item repec:imf:imfwpa:16/62 is not listed on IDEAS anymore

• Rao, R. Kavita & Tandon, Suranjali & Mukherjee, Sacchidananda, 2016, "Corporate Tax: A brief assessment of some exemptions," Working Papers, National Institute of Public Finance and Policy, number 16/165, Mar.

Report NEP-MAC-2016-04-04

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: