Report NEP-MAC-2016-04-23

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:

• Lauretta, Eliana & Chaudhry, Sajid & Mullineux, Andy, 2015, "Theory and Evidence on the Finance-Growth Relationship: The Virtuous and Unvirtuous Cycles," MPRA Paper, University Library of Munich, Germany, number 70613, Dec.
• Lu, Hongyou & Xu, Wenli & Xu, Kun, 2016, "How to Make The Fiscal policies Greener in China?——Based on The Perspective of Environmental Macroeconomics," MPRA Paper, University Library of Munich, Germany, number 70221, Mar.
• James Cloyne & Clodomiro Ferreira & Paolo Surico, 2016, "Monetary policy when households have debt: new evidence on the transmission mechanism," Bank of England working papers, Bank of England, number 589, Apr.
• Christoph S. Weber, 2016, "Central Bank Transparency and Inflation (Volatility) – New Evidence," Working Papers, Bavarian Graduate Program in Economics (BGPE), number 163, Mar.
• David Turner & Maria Chiara Cavalleri & Yvan Guillemette & Alexandre Kopoin & Patrice Ollivaud & Elena Rusticelli, 2016, "An investigation into improving the real-time reliability of OECD output gap estimates," OECD Economics Department Working Papers, OECD Publishing, number 1294, Apr, DOI: 10.1787/5jm0qwpqmz34-en.
• Belanger, Gilles, 2016, "Inflation is Always and Everywhere an Interest-Rate Phenomenon," MPRA Paper, University Library of Munich, Germany, number 70841, Apr.
• Hafedh Bouakez & Michel Guillard & Jordan Roulleau-Pasdeloup, 2016, "The Optimal Composition of Public Spending in a Deep Recession," Cahiers de Recherches Economiques du Département d'économie, Université de Lausanne, Faculté des HEC, Département d’économie, number 16.09, Apr.
• Ambrogio Cesa-Bianchi & Gregory Thwaites & Alejandro Vicondoa, 2016, "Monetary Policy Transmission in an Open Economy: New Data and Evidence from the United Kingdom," Discussion Papers, Centre for Macroeconomics (CFM), number 1612, Apr, revised Aug 2016.
• Punzi, Maria Teresa, 2016, "Financial cycles and co-movements between the real economy, finance and asset price dynamics in large-scale crises," FinMaP-Working Papers, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 61.
• Farmer, Roger & Zabczyk, Pawel, 2016, "The Theory of Unconventional Monetary Policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11196, Mar.
• Zaman, Gheorghe & Georgescu, George, 2016, "Provocări în perioada tranziției la economia de piață în România. Creșterea gradului de îndatorare externă și internă
  [Challenges facing Romania during the period of transition to a market-based economy. The increase in the degree of external and ," MPRA Paper, University Library of Munich, Germany, number 70740, Feb.
• Farley Grubb, 2016, "Colonial American Paper Money and the Quantity Theory of Money: An Extension," Working Papers, University of Delaware, Department of Economics, number 16-05.
• A. Carriero & Sarah Mouabbi & E. Vangelista, 2016, "UK term structure decompositions at the zero lower bound," Working papers, Banque de France, number 589.
• Giancarlo Corsetti & Luca Dedola, 2014, "The "Mystery of the Printing Press" Monetary Policy and Self-fulfilling Debt Crises," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 1463, Sep.
• Marianna Kudlyak & Juan M. Sanchez, 2016, "Revisiting Gertler-Gilchrist Evidence on the Behavior of Small and Large Firms," Working Paper, Federal Reserve Bank of Richmond, number 16-5, Apr.
• Herrenbrueck, Lucas, 2014, "Quantitative Easing and the Liquidity Channel of Monetary Policy," MPRA Paper, University Library of Munich, Germany, number 70686, Dec, revised 10 Apr 2016.
• Herr, Hansjörg & Rüdiger, Sina & Pédussel Wu, Jennifer, 2016, "The Federal Reserve as lender of last resort during the subprime crisis: Successful stabilisation without structural changes," IPE Working Papers, Berlin School of Economics and Law, Institute for International Political Economy (IPE), number 65/2016.
• Baranowski, Paweł & Kuchta, Zbigniew, 2015, "Changes in nominal rigidities in Poland – a regime switching DSGE perspective," MPRA Paper, University Library of Munich, Germany, number 70573, Dec, revised Mar 2016.
• Jeannine Bailliu & Mark Kruger & Argyn Toktamyssov & Wheaton Welbourn, 2016, "How Fast Can China Grow? The Middle Kingdom’s Prospects to 2030," Staff Working Papers, Bank of Canada, number 16-15, DOI: 10.34989/swp-2017-15.
• Patrick F ve & Jean-Guillaume Sahuc, 2016, "In Search of the Transmission Mechanism of Fiscal Policy in the Euro Area," Working papers, Banque de France, number 585.
• Kim, Minseong, 2016, "A simple theory of exploding household debts," MPRA Paper, University Library of Munich, Germany, number 70849, Apr.
• Farmer, Roger, 2016, "Animal Spirits in a Monetary Model," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11197, Mar.
• Nina Boyarchenko & Valentin Haddad & Matthew Plosser, 2016, "The Federal Reserve and market confidence," Staff Reports, Federal Reserve Bank of New York, number 773, Apr.
• Agustín Arias, 2016, "Sentiment Shocks as Drivers of Business Cycles," Working Papers Central Bank of Chile, Central Bank of Chile, number 782, Mar.
• Fernández-Villaverde, Jesús & Sanches, Daniel, 2016, "Can Currency Competition Work?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11095, Apr.
• Jesús Fernández-Villaverde & Daniel Sanches, 2016, "Can Currency Competition Work?," NBER Working Papers, National Bureau of Economic Research, Inc, number 22157, Apr.
• Laeven, Luc & Dell'Ariccia, Giovanni & Suarez, Gustavo, 2016, "Bank Leverage and Monetary Policy’s Risk-Taking Channel: Evidence from the United States," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11230, Apr.
• Claudio Morana, 2016, "Macroeconomic and Financial Effects of Oil Price Shocks: Evidence for the Euro Area," Working Paper series, Rimini Centre for Economic Analysis, number 16-02, Feb.
• Faraglia, Elisa & Oikonomou, Rigas & Equiza-Goñi, Juan, 2016, "Union Debt Management," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11181, Mar.
• Ales Bulir & Jan Vlcek, 2016, "Monetary Transmission: Are Emerging Market and Low-Income Countries Different?," Working Papers, Czech National Bank, Research and Statistics Department, number 2016/02, Mar.
• Brunhart, Andreas, 2015, "The Swiss business cycle and the lead of small neighbor Liechtenstein," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 130154, DOI: 10.13091/li-ap-51.
• Berentsen, Aleksander & Schär, Fabian, 2016, "Cash and Negative Interest Rates," MPRA Paper, University Library of Munich, Germany, number 70832, Jan.
• Young, Alwyn, 2014, "Structural transformation, the mismeasurement of productivity growth, and the cost disease of services," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 60213, Nov.
• Jérémie Cohen-Setton & Joshua K. Hausman & Johannes F. Wieland, 2016, "Supply-Side Policies in the Depression: Evidence from France," NBER Working Papers, National Bureau of Economic Research, Inc, number 22140, Mar.
• Söderström, Ulf & Iversen, Jens & LASEEN, PER & Lundvall, Henrik, 2016, "Real-Time Forecasting for Monetary Policy Analysis: The Case of Sveriges Riksbank," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11203, Mar.
• Vdovychenko, Artem & Zubrytskyi, Artur, 2016, "Effects of fiscal consolidation on exports in Ukraine," MPRA Paper, University Library of Munich, Germany, number 70722, Jan, revised Feb 2016.
• Eric Monnet & C. Wolf, 2016, "Demographic Cycle, Migration and Housing Investment: a Causal Examination," Working papers, Banque de France, number 591.
• Fougère, Denis & Gautier, Erwan & Roux, Sébastien, 2016, "The Impact of the National Minimum Wage on Industry-Level Wage Bargaining in France," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11234, Apr.
• Punnoose Jacob & Lenno Uuskula, 2016, "Deep Habits and Exchange Rate Pass-through," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2016-17, Apr.
• Elish Kelly & Seamus McGuinness & Philip O’Connell & Alberto González Pandiella & David Haugh, 2016, "How did Immigrants fare in the Irish Labour Market over the Great Recession?," OECD Economics Department Working Papers, OECD Publishing, number 1284, Apr, DOI: 10.1787/5jm0v4f4r8kh-en.
• Michael Pedersen, 2016, "Pass-Through, Expectations, and Risks. What Affects Chilean Banks’ Interest Rates?," Working Papers Central Bank of Chile, Central Bank of Chile, number 780, Mar.
• Fructuoso Borrallo & Ignacio Hernando & Javier Vallés, 2016, "The effects of us unconventional monetary policies in Latin America," Working Papers, Banco de España, number 1606, Mar.
• Kollmann, Robert & Zeugner, Stefan, 2016, "Blanchard and Kahn’s (1980) solution for a linear rational expectations model with one state variable and one control variable: the correct formula," MPRA Paper, University Library of Munich, Germany, number 70338.
• Greg Kaplan & Sam Schulhofer-Wohl, 2016, "Inflation at the Household Level," Working Papers, Federal Reserve Bank of Minneapolis, number 731, Apr.
• Pascal Towbin & Sebastian Weber, 2016, "Price expectations and the US housing boom," Working Papers, Swiss National Bank, number 2016-06.
• Erwan Gautier & Denis Fougère & Sébastien Roux, 2016, "The Impact of the National Minimum Wage on Industry-Level Wage Bargaining in France," Working papers, Banque de France, number 587.
• Khraief, Naceur & Shahbaz, Muhammad & Heshmati, Almas & Azam, Muhammad, 2016, "Are Unemployment Rates in OECD Countries Stationary? Evidence from Univariate and Panel Unit Root Tests," Working Paper Series in Economics and Institutions of Innovation, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies, number 435, Apr.
• Markus Brueckner, 2016, "Rent Extraction by Capitalists," ANU Working Papers in Economics and Econometrics, Australian National University, College of Business and Economics, School of Economics, number 2016-634, Apr.
• Item repec:col:000124:014445 is not listed on IDEAS anymore

• António Afonso, & José Alves, 2016, "Reconsidering Wagner's Law: evidence from the functions of the government," Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa, number 2016/09, Apr.
• Michaël Assous & Muriel Dal-Pont Legrand & Harald Hagemann, 2016, "Business Cycles and Growth," GREDEG Working Papers, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France, number 2016-06, Mar.
• Doepke, Matthias & de la Croix, David & Mokyr, Joel, 2016, "Clans, Guilds, and Markets: Apprenticeship Institutions and Growth in the Pre-Industrial Economy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11199, Mar.
• James B. Bullard, 2016, "Time Consistency and Fed Policy : a presentation at New York Association for Business Economics, New York, N.Y., March 24, 2016," Speech, Federal Reserve Bank of St. Louis, number 264, Mar.
• Jakub Growiec & Jakub Muck, 2016, "Isoelastic Elasticity of Substitution Production Functions," KAE Working Papers, Warsaw School of Economics, Collegium of Economic Analysis, number 2016-001, Mar.
• Knolle, Julia & Lehmann, Kai, 2016, "An Empirical Assessment of Global Capital Productivity," Hannover Economic Papers (HEP), Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät, number dp-574, Apr.
• David Haugh & Yosuke Jin & Alberto González Pandiella, 2016, "Growing together: Towards a more inclusive Ireland," OECD Economics Department Working Papers, OECD Publishing, number 1293, Apr, DOI: 10.1787/5jm0s927f5vk-en.
• Lee, Chin, 2015, "Is There Any Regional Price Disparity in Peninsular Malaysia?," MPRA Paper, University Library of Munich, Germany, number 70592.
• Nathalie Scholl & Stephan Klasen, 2016, "Re-estimating the Relationship between Inequality and Growth," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers, Courant Research Centre PEG, number 205, Apr.
• Gabriel Chodorow-Reich & Loukas Karabarbounis, 2017, "The Limited Macroeconomic Effects of Unemployment Benefit Extensions," Working Paper, Harvard University OpenScholar, number 386166, Jan.
• Anastasia Girshina, 2016, "Implications of Fiscal Policy for Housing Tenure Decisions," Working Papers, Department of Economics, University of Venice "Ca' Foscari", number 2014:.
• Item repec:rza:wpaper:591 is not listed on IDEAS anymore

• Branger, Nicole & Grüning, Patrick & Schlag, Christian, 2016, "Commodities, financialization, and heterogeneous agents," SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE, number 131, DOI: 10.2139/ssrn.2759314.
• Rafael Domenech & Juan Ramon Garcia & Camilo Ulloa, 2016, "Los efectos de la flexibilidad salarial sobre el crecimiento y el empleo," Working Papers, BBVA Bank, Economic Research Department, number 16/05, Mar.
• Iader Giraldo S., 2015, "Determinantes de las exportaciones manufactureras de Colombia : un estudio a partir de un modelo de ecuaciones simultáneas," Working Papers Series. Documentos de Trabajo, Fedesarrollo, number 14402, Dec.
• Roman Frydman & Michael Goldberg, 2015, "Change and Rationality in Macroeconomics and Finance Theory: A New Rational Expectations Hypothesis," Working Papers Series, Institute for New Economic Thinking, number 8, Mar, DOI: 10.2139/ssrn.2586257.
• Anja Sonnenburg & Britta Stöver & Dr. Marc Ingo Wolter, 2016, "Ansatzpunkte zur Abschätzung der ökonomischen Folgen der Flüchtlingszahlen und erste Quantifizierung – Aktualisierung," GWS Discussion Paper Series, GWS - Institute of Economic Structures Research, number 16-3.
• Roger McCain, 2016, "Small Business and Liquidity Constraint," School of Economics Working Paper Series, LeBow College of Business, Drexel University, number 2016-3, Feb.
• Böing, Tobias & Stadtmann, Georg, 2016, "Competitiveness and current account adjustments in the euro area," Discussion Papers, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics, number 382.
• Aliyu, Shehu Usman Rano, 2015, "Developing Islamic Liquidity Management Instruments: Resolving the Impasse between Central Bank of Nigeria (CBN) and Jaiz Bank Plc," MPRA Paper, University Library of Munich, Germany, number 68898, Apr, revised 07 Feb 2016.
• James B. Bullard, 2016, "Welcoming Remarks. Given at the Homer Jones Memorial Lecture. Federal Reserve Bank of St. Louis, April 6, 2016," Speech, Federal Reserve Bank of St. Louis, number 265, Apr.
• Martin Shubik, 2016, "Three Lectures on the Theory of Money and Financial Institutions: Lecture 1: A Nontechnical Overview," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University, number 2036, Apr.
• Fernando de Menezes Linardi, 2016, "Assessing the Fit of a Small Open-Economy DSGE Model for the Brazilian Economy," Working Papers Series, Central Bank of Brazil, Research Department, number 424, Apr.
• Bitros, George C., 2016, "A theory of maintenance expenditures tested on automobile data from Greece," MPRA Paper, University Library of Munich, Germany, number 70820, Apr.
• Coeurdacier, Nicolas & Guibaud, Stéphane & Jin, Keyu, 2014, "Fertility policies and social security reforms in China," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 66107, Aug.
• Dhaoui, Elwardi, 2015, "Climat des Affaires et Compétitivité de l’Entreprise Tunisienne Après la Révolution : Analyses et Perspectives
  [Business Climate and Competitiveness of the Tunisian Enterprise After the Revolution: Analysis and Perspectives]," MPRA Paper, University Library of Munich, Germany, number 70675, Oct.
• Tokuo IWAISAKO & Hayato NAKATA, 2016, "Impacts of Oil Shocks on Exchange Rates and Macroeconomic Variables: A multi-country analysis," Discussion papers, Research Institute of Economy, Trade and Industry (RIETI), number 16039, Mar.
• Giovanni Razzu & Carl Singleton, 2015, "Segregation and Gender Gaps through the UK's Great Recession," Economics Discussion Papers, Department of Economics, University of Reading, number em-dp2015-02, Nov.
• Giorgio Fagiolo & Andrea Roventini, 2016, "Macroeconomic Policy in DSGE and Agent-Based Models Redux: New Developments and Challenges Ahead," LEM Papers Series, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy, number 2016/17, 04.
• Phedon Nicolaides & Roxana Nedelescu (née Sandu) & Joanna Hornik & Gibran Watfe & Gil Stein, 2016, "A New Settlement for the UK: A “Leap in the Dark”," Bruges European Economic Policy Briefings, European Economic Studies Department, College of Europe, number 39, Mar.
• Manjhi, Ganesh & Keswani Mehra, Meeta, 2016, "Center-State Political Transfer Cycles in India," MPRA Paper, University Library of Munich, Germany, number 70784, Apr.

Report NEP-MAC-2016-04-23

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: