Report NEP-MAC-2016-05-08

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:

• Punnoose Jacob & Anella Munro, 2016, "A Macroprudential Stable Funding Requirement and Monetary Policy in a Small Open Economy," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2016-23, May.
• Nikola Bokan & Andrea Gerali & Sandra Gomes & Pascal Jacquinot & Massimiliano Pisani, 2016, "EAGLE-FLI. A macroeconomic model of banking and financial interdependence in the euro area," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1064, Apr.
• Mallick, Debdulal, 2016, "Policy Regimes and the Shape of the Phillips Curve in Australia," MPRA Paper, University Library of Munich, Germany, number 71082, revised 2016.
• Cole, Stephen, 2016, "The limits of central bank forward guidance under learning," MPRA Paper, University Library of Munich, Germany, number 70862, Mar.
• Michal Brzoza-Brzezina & Marcin Kolasa & Krzysztof Makarski, 2016, "Crisis, contagion and international policy spillovers under foreign ownership of banks," KAE Working Papers, Warsaw School of Economics, Collegium of Economic Analysis, number 2016-003, Mar.
• Avci, S. Burcu & Yucel, Eray, 2016, "Effectiveness of Monetary Policy: Evidence from Turkey," MPRA Paper, University Library of Munich, Germany, number 70848, Apr.
• Gabriel Chodorow-Reich & Loukas Karabarbounis, 2016, "The Limited Macroeconomic Effects of Unemployment Benefit Extensions," Working Papers, Federal Reserve Bank of Minneapolis, number 733, Apr.
• Gauti B. Eggertsson & Neil R. Mehrotra & Lawrence H. Summers, 2016, "Secular Stagnation in the Open Economy," NBER Working Papers, National Bureau of Economic Research, Inc, number 22172, Apr.
• Antonia Lopez-Villavicencio & Valérie Mignon, 2016, "Exchange rate pass-through in emerging countries: Do the inflation environment, monetary policy regime and institutional quality matter?," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2016-18.
• Drew D. Creal & Jing Cynthia Wu, 2016, "Bond Risk Premia in Consumption-based Models," NBER Working Papers, National Bureau of Economic Research, Inc, number 22183, Apr.
• Gabriele Galati & Irma Hindrayanto & Siem Jan Koopman & Marente Vlekke, 2016, "Measuring Financial Cycles in a Model-Based Analysis: Empirical Evidence for the United States and the Euro Area," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 16-029/III, Apr.
• Silvia Miranda-Agrippino, 2015, "Unsurprising Shocks: Information, Premia, and the Monetary Transmission," Discussion Papers, Centre for Macroeconomics (CFM), number 1613, Jun, revised Apr 2016.
• BERNIELL, Inés, 2016, "Waiting for the paycheck : individual and aggregate effects of wage payment," Economics Working Papers, European University Institute, number MWP2016/05.
• Matthew Chambers & Carlos Garriga & Don E. Schlagenhauf, 2016, "The Postwar Conquest of the Home Ownership Dream," Working Papers, Towson University, Department of Economics, number 2016-07, Apr, revised Apr 2016.
• Jonas E. Arias & Christopher J. Erceg & Mathias Trabandt, 2016, "The Macroeconomic Risks of Undesirably Low Inflation," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1162, Apr, DOI: 10.17016/IFDP.2016.1162.
• Richard T. Froyen & Alfred V Guender, 2016, "The Real Exchange Rate in Open-Economy Taylor Rules: A Re-Assessment," Working Papers in Economics, University of Canterbury, Department of Economics and Finance, number 16/10, Feb.
• Richard T. Froyen & Alfred V Guender, 2016, "What to Aim for? The Choice of an Inflation Objective When Openness Matters," Working Papers in Economics, University of Canterbury, Department of Economics and Finance, number 16/09, Mar.
• Ian Gordon, 2015, "Quantitative Easing of an International Financial Centre: How Central London Came So Well Out of the Post-2007 Crisis," SERC Discussion Papers, Centre for Economic Performance, LSE, number 0193, Sep.
• Javier G. Gómez-Pineda, 2016, "La flotación de 1957 y la estabilidad macroeconómica," Borradores de Economia, Banco de la Republica de Colombia, number 938, Apr, DOI: 10.32468/be.938.
• Koji Nakamura & Hiroshi Kawata & Masaki Tanaka & Lisa Uemae, 2016, "The Consumption Activity Index," Bank of Japan Research Papers, Bank of Japan, number 16-05-02, May.
• Gaballo, Gaetano; Marimon, Ramon, 2016, "Breaking the spell with credit-easing : self-confirming credit crises in competitive search economies," Economics Working Papers, European University Institute, number ADE2016/01.
• Nicos Christodoulakis & Christos Axioglou, 2016, "Underinvestment and unemployment: the double hazard in the euro area," Working Papers, Bank of Greece, number 205, Apr.
• Mark Setterfield & Yun K. Kim & Jeremy Rees, 2015, "Inequality, Debt Servicing, and the Sustainability of Steady State Growth," Working Papers Series, Institute for New Economic Thinking, number 31, Nov, DOI: 10.2139/ssrn.2692670.
• Kim, Minseong, 2016, "How accounting accuracy affects DSGE models," MPRA Paper, University Library of Munich, Germany, number 70356, Mar.
• Delle Monache & Ivan Petrella & Fabrizio Venditti, 2015, "Common faith or parting ways? A time varying parameters factor analysis of euro-area inflation," Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics, number 1515, Jul.
• Benjamin K. Johannsen & Elmar Mertens, 2016, "A Time Series Model of Interest Rates With the Effective Lower Bound," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-033, Apr, DOI: 10.17016/FEDS.2016.033.
• Givens, Gregory, 2016, "Do data revisions matter for DSGE estimation?," MPRA Paper, University Library of Munich, Germany, number 70932, Apr.
• Jörg Döpke & Ulrich Fritsche & Christian Pierdzioch, 2015, "Predicting Recessions With Boosted Regression Trees," Working Papers, The George Washington University, The Center for Economic Research, number 2015-004, Dec.
• Alessio Moro & Solmaz Moslehi & Satoshi Tanaka, 2016, "Does Home Production Drive Structural Transformation?," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2016-19, Apr.
• Ricardo Lagos & Shengxing Zhang, 2016, "Turnover Liquidity and the Transmission of Monetary Policy," Working Papers, Federal Reserve Bank of Minneapolis, number 734, May.
• Rajmund Mirdala, 2016, "Exchange Rate Pass-Through in the Euro Area," FIW Working Paper series, FIW, number 171, Apr.
• Daniel Borowcyzk-Martins & Etienne Lalé, 2016, "The Welfare Effects of Involuntary Part-time Work," Bristol Economics Discussion Papers, School of Economics, University of Bristol, UK, number 16/673, Apr, revised 12 Dec 2016.
• Li, Jian & Chavas, Jean-Paul & Etienne, Xiaoli & Li, Chongguang, 2016, "Commodity Price Bubbles and Macroeconomics: Evidence from Chinese Agricultural Markets," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts, Agricultural and Applied Economics Association, number 235068, DOI: 10.22004/ag.econ.235068.
• FitzGerald, John & Chi, Pho Thi Kim & Lam, Do Van & Ha, Hoang & Huong, Luong & Dung, Tran, 2016, "Modelling the Vietnamese Economy," Papers, Economic and Social Research Institute (ESRI), number WP526, Mar.
• Boppart, Timo, 2016, "Labor supply in the past, present, and future: a balanced-growth perspective," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11235, Apr.
• Sophie Piton, 2016, "A European Disease? Non-tradable inflation and real interest rate divergence," Working Papers, CEPII research center, number 2016-09, Apr.
• Kim, Minseong, 2016, "The perils of first-order conditions of New Keynesian models," MPRA Paper, University Library of Munich, Germany, number 70753, Apr.
• Matthias Morys, 2016, "Financial supervision to fight fiscal dominance? The gold standard in Greece and South-East Europe between economic and political objectives and fiscal reality, 1841-1939," Discussion Papers, Department of Economics, University of York, number 16/05, Apr.
• Dr. Thomas Drosdowski & Britta Stöver & Dr. Marc Ingo Wolter, 2016, "Measuring the conditions for participation in Germany for the next few years - An application of the TBI," GWS Discussion Paper Series, GWS - Institute of Economic Structures Research, number 16-4.
• Brad J. Hershbein & Lisa B. Kahn, 2016, "Do Recessions Accelerate Routine-Biased Technological Change? Evidence from Vacancy Postings," Upjohn Working Papers, W.E. Upjohn Institute for Employment Research, number 16-254, Mar.
• Sutherland, Alan & Senay, Ozge, 2016, "Optimal Monetary Policy, Exchange Rate Misalignments and Incomplete Financial Markets," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11198, Mar.
• Stephie Fried & Kevin Novan & William B. Peterman, 2016, "The Distributional Effects of a Carbon Tax on Current and Future Generations," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-038, Apr, DOI: 10.17016/FEDS.2016.038.
• Joseph E. Gagnon, 2016, "Quantitative Easing: An Underappreciated Success," Policy Briefs, Peterson Institute for International Economics, number PB16-4, Apr.
• Galor, Oded & Özak, Ömer, 2016, "The Agricultural Origins of Time Preference," MPRA Paper, University Library of Munich, Germany, number 70719, Apr.
• Nancy L. Stokey, 2016, "Technology, Skill and the Wage Structure," NBER Working Papers, National Bureau of Economic Research, Inc, number 22176, Apr.
• Raphael A. Auer & Cédric Tille, 2016, "The banking sector and the Swiss financial account during the financial and European debt crises," Working Papers, Swiss National Bank, number 2016-05.
• Jaime Alcaide Arranz, 2016, "Desarrollo de la Banca Islámica. El Caso de Indonesia. Contexto y evolución," Working Papers, Asociación Española de Economía y Finanzas Internacionales, number 16-07, Jul.
• Claudio Raddatz & Rodrigo Vergara, 2016, "Macroprudential Policies: General Analysis and a Look into the Chilean Experience," Economic Policy Papers Central Bank of Chile, Central Bank of Chile, number 59, Mar.
• Jörg Breitung & Sven Schreiber, 2016, "Assessing Causality and Delay within a Frequency Band," IMK Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute, number 165-2016.
• Safiyah Taoual, 2016, "Sukuk: a potential for stability and development in the GCC," Economics Discussion Papers, School of Economics, Kingston University London, number 2016-7, Apr.
• Ergys Islamaj & Ayhan Kose, 2016, "How Does the Sensitivity of Consumption to Income Vary Over Time? International Evidence," Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum, number 1602, Apr.
• Alberto Bagnai & Christian Alexander Mongeau Ospina, 2016, "Price asymmetries in the European gasoline market," a/ Working Papers Series, Italian Association for the Study of Economic Asymmetries, Rome (Italy), number 1602, Apr.
• Santos, João & Domingos, Tiago & Sousa, Tânia & St. Aubyn, Miguel, 2016, "Does a small cost share reflect a negligible role for energy in economic production? Testing for aggregate production functions including capital, labor, and useful exergy through a cointegration-base," MPRA Paper, University Library of Munich, Germany, number 70850, Apr.
• Kazuki Tomioka & Rod Tyers, 2016, "Has Foreign Growth Contributed to Stagnation and Inequality in Japan?," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2016-21, May.
• Borrás, Susana & Jordana, Jacint, 2016, "When Regional Innovation Policies Meet Policy Rationales and Evidence: A Plea for Policy Analysis," Papers in Innovation Studies, Lund University, CIRCLE - Centre for Innovation Research, number 2016/12, Apr.
• David CASHIN & Takashi UNAYAMA, 2016, "The Impact of a Permanent Income Shock on Consumption: Evidence from Japan's 2014 VAT increase," Discussion papers, Research Institute of Economy, Trade and Industry (RIETI), number 16052, Mar.
• Fernando E. Alvarez & Katarína Borovičková & Robert Shimer, 2016, "Decomposing Duration Dependence in a Stopping Time Model," NBER Working Papers, National Bureau of Economic Research, Inc, number 22188, Apr.
• Nikolaos Antonakakis & Christina Christou & Juncal Cunado & Rangan Gupta, 2016, "Convergence Patterns in Sovereign Bond Yield Spreads: Evidence from the Euro Area," Working Papers, University of Pretoria, Department of Economics, number 201616, Mar.
• Shahbaz, Muhammad & Chaudhary, A. R. & Ozturk, Ilhan, 2016, "Does urbanization cause increasing energy demand in Pakistan? Empirical evidence from STIRPAT model," MPRA Paper, University Library of Munich, Germany, number 70313, Mar, revised 19 Mar 2016.
• Tilak, Doshi & Fred, Joutz & Lakuma, Corti Paul & Lwanga, Musa & Baltasar, Manzano, 2015, "The Challenges of Macroeconomic Management of Natural Resource Revenues in Developing Countries: The Case of Uganda," Research Series, Economic Policy Research Centre (EPRC), number 234556, Oct, DOI: 10.22004/ag.econ.234556.
• Karen Davtyan, 2016, "“The Distributive Effects of Conventional and Unconventional Monetary Policies”," IREA Working Papers, University of Barcelona, Research Institute of Applied Economics, number 201606, Apr, revised Apr 2016.

Report NEP-MAC-2016-05-08

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: