Report NEP-MAC-2016-05-28

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:

• Matthew Osborne, 2016, "Monetary policy and volatility in the sterling money market," Bank of England working papers, Bank of England, number 588, Apr.
• Michael T. Belongia & Peter N. Ireland, 2016, "Targeting Constant Money Growth at the Zero Lower Bound," Boston College Working Papers in Economics, Boston College Department of Economics, number 913, May.
• Kyle Herkenhoff & Gordon Phillips & Ethan Cohen-Cole, 2016, "How Credit Constraints Impact Job Finding Rates, Sorting & Aggregate Output," NBER Working Papers, National Bureau of Economic Research, Inc, number 22274, May.
• Castillo, Paul & Montoya, Jimena & Quineche, Ricardo, 2016, "From the “Great Inflation” to the “Great Moderation” in Peru: A Time Varying Structural Vector Autoregressions Analysis," Working Papers, Banco Central de Reserva del Perú, number 2016-003, Apr.
• Gary Gorton & Ellis W. Tallman, 2016, "Too-Big-to-Fail before the Fed," Working Papers (Old Series), Federal Reserve Bank of Cleveland, number 1612, May.
• Marco Del Negro & Gauti Eggertsson & Andrea Ferrero & Nobuhiro Kiyotaki, 2016, "The Great Escape? A Quantitative Evaluation of the Fed’s Liquidity Facilities," NBER Working Papers, National Bureau of Economic Research, Inc, number 22259, May.
• Hein, Eckhard, 2016, "Autonomous government expenditure growth, deficits, debt and distribution in a neo-Kaleckian growth model," IPE Working Papers, Berlin School of Economics and Law, Institute for International Political Economy (IPE), number 68/2016.
• Aida Caldera Sánchez & Alain de Serres & Naomitsu Yashiro, 2016, "Reforming in a difficult macroeconomic context: A review of the issues and recent literature," OECD Economics Department Working Papers, OECD Publishing, number 1297, May, DOI: 10.1787/5jlzgj45b3q0-en.
• John G. Fernald & J. Christina Wang, 2016, "Why has the cyclicality of productivity changed? What does it mean?," Working Paper Series, Federal Reserve Bank of San Francisco, number 2016-7, Apr, DOI: 10.24148/wp2016-07.
• Fernando M. Duarte, 2016, "How to escape a liquidity trap with interest rate rules," Staff Reports, Federal Reserve Bank of New York, number 776, Feb.
• Shahzad Ahmad & Farooq Pasha & Muhammad Rehman, 2016, "The Role of Money in Explaining Business Cycles for a Developing Economy: The Case of Pakistan," SBP Working Paper Series, State Bank of Pakistan, Research Department, number 74, Apr.
• Siddhartha Chattopadhyay & Taniya Ghosh, 2016, "Cost channel, interest rate pass-through and optimal monetary policy under zero lower bound," Indira Gandhi Institute of Development Research, Mumbai Working Papers, Indira Gandhi Institute of Development Research, Mumbai, India, number 2016-012, May.
• Muhamed Zulkhibri & Raditya Sukmana, 2016, "Financing Channel and Monetary Policy: Evidence from Islamic Banking in Indonesia," Working Papers, The Islamic Research and Teaching Institute (IRTI), number 2016-1, Mar.
• Laura E. Jackson & Michael T. Owyang & Daniel Soques, 2016, "Nonlinearities, Smoothing and Countercyclical Monetary Policy," Working Papers, Federal Reserve Bank of St. Louis, number 2016-8, May, DOI: 10.20955/wp.2016.008.
• Takemasa Oda, 2016, "Optimal Inflation Rate in a Life-Cycle Economy," IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan, number 16-E-05, Apr.
• Kim, Minseong, 2016, "Aspects of Stickiness in Understanding Inflation," MPRA Paper, University Library of Munich, Germany, number 71036, Apr.
• W Max Corden & Sisira Jayasuriya, 2016, "The Japanese macroeconomic mystery," Departmental Working Papers, The Australian National University, Arndt-Corden Department of Economics, number 2016-03.
• Muhammad Ali Choudhary & Saima Naeem & Gylfi Zoega, 2016, "Informal Labour Markets in Pakistan," SBP Working Paper Series, State Bank of Pakistan, Research Department, number 75, Apr.
• G. Fagiolo & A. Roventini, 2016, "Macroeconomic policy in DGSE and agent based models redux : new developments and challenges ahead," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2016-11, Apr.
• M. E. Bontempi & R. Golinelli & M. Squadrani, 2016, "A New Index of Uncertainty Based on Internet Searches: A Friend or Foe of Other Indicators?," Working Papers, Dipartimento Scienze Economiche, Universita' di Bologna, number wp1062, Mar.
• Luciano Barra Caracciolo, 2016, "Profili di illegittimità costituzionale della c.d. "Unione bancaria" e del bail-in nel quadro della moneta unica," a/ Working Papers Series, Italian Association for the Study of Economic Asymmetries, Rome (Italy), number 1604, May.
• Item repec:spo:wpmain:info:hdl:2441/7qiov5j7308rbprdcjkq8udd2u is not listed on IDEAS anymore

• Rosas-Martinez, Victor H., 2016, "On Monetary Policy, Unemployment, and Economic Growth," MPRA Paper, University Library of Munich, Germany, number 70980, Jan.
• Njindan Iyke, Bernard, 2016, "Real Output and Oil Price Uncertainty: Evidence from an Oil Producing Country," MPRA Paper, University Library of Munich, Germany, number 71307, Jan, revised 01 Apr 2016.
• Paul Davidson, 2016, "Full Employment, Open Economy Macroeconomics, and Keynes' General Theory: Does the Swan Diagram Suffice?," Working Papers Series, Institute for New Economic Thinking, number 35, Mar, DOI: 10.2139/ssrn.2735590.
• Matthew Chambers & Carlos Garriga & Don E. Schlagenhauf, 2016, "The Postwar Conquest of the Home Ownership Dream," Working Papers, Federal Reserve Bank of St. Louis, number 2016-7, Apr, DOI: 10.20955/wp.2016.007.
• Bulent Ozel & Reynold Christian Nathanael & Marco Raberto & Andrea Teglio & Silvano Cincotti, 2016, "Macroeconomic implications of mortgage loans requirements: An agent based approach," Working Papers, Economics Department, Universitat Jaume I, Castellón (Spain), number 2016/05.
• Lee E. Ohanian, 2016, "The Great Recession in the Shadow of the Great Depression: A Review Essay on “Hall of Mirrors: The Great Depression, The Great Recession and the Uses and Misuses Of History”," NBER Working Papers, National Bureau of Economic Research, Inc, number 22239, May.
• Jean-Charles Bricongne & Aurora Maria Mordonu, 2015, "Interlinkages between Household and Corporate Debt in Advanced Economies," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 017, Oct.
• Massimo Amato & Luca Fantacci & Dimitri B. Papadimitriou & Gennaro Zezza, 2016, "Going Forward from B to A? Proposals for the Eurozone Crisis," Economics Working Paper Archive, Levy Economics Institute, number wp_866, May.
• Maria Cristina Recchioni & Gabriele Tedeschi, 2016, "From bond yield to macroeconomic instability: The effect of negative interest rates," Working Papers, Economics Department, Universitat Jaume I, Castellón (Spain), number 2016/06.
• Lindé, Jesper & Smets, Frank & Wouters, Rafael, 2016, "Challenges for Central Banks´ Macro Models," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 323, May.
• Rostom,Ahmed Mohamed Tawfick, 2016, "Money demand in the Arab Republic of Egypt : a vector equilibrium correction model," Policy Research Working Paper Series, The World Bank, number 7679, May.
• Pagano, Marco & Simonelli, Saverio & Altavilla, Carlo, 2016, "Bank Exposures and Sovereign Stress Transmission," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11269, May.
• Li, Defu & Huang, Jiuli, 2016, "The steady-state growth conditions of neoclassical growth model and Uzawa theorem revisited," MPRA Paper, University Library of Munich, Germany, number 71512, May, revised 21 May 2016.
• Pedro Bordalo & Nicola Gennaioli & Andrei Shleifer, 2016, "Diagnostic Expectations and Credit Cycles," NBER Working Papers, National Bureau of Economic Research, Inc, number 22266, May.
• Xu, Kun & Xu, Wenli, 2015, "中国政府消费支出对经济波动的传导机理分析
  [Study on Influential Mechanism Between Government Expenditure of Consumption and Economic Fluctuation]," MPRA Paper, University Library of Munich, Germany, number 70994, Nov, revised Dec 2015.
• Basutkar, Tirupati, 2016, "Money Demand in India," MPRA Paper, University Library of Munich, Germany, number 70495, Apr.
• Ulrich Volz, 2016, "Regional Financial Integration in East Asia against the Backdrop of Recent European Experiences," Working Papers, Department of Economics, SOAS University of London, UK, number 194, Mar.
• Marcus Hagedorn & Iourii Manovskii & Kurt Mitman, 2016, "Interpreting Recent Quasi-Experimental Evidence on the Effects of Unemployment Benefit Extensions," NBER Working Papers, National Bureau of Economic Research, Inc, number 22280, May.
• Li, Defu & Bental, Benjamin, 2016, "What determines the direction of technological progress?," MPRA Paper, University Library of Munich, Germany, number 71517, May.
• Mitman, Kurt & Hagedorn, Marcus & Manovskii, Iourii, 2016, "Interpreting Recent Quasi-Experimental Evidence on the Effects of Unemployment Benefit Extensions," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11290, May.
• K. Mc Morrow & W. Roeger & V. Vandermeulen & K. Havik, 2015, "An assessment of the relative quality of the Output Gap estimates produced by the EU's Production Function Methodology," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 020, Dec.
• Klaus Wälde, 2016, "Pareto-Improving Redistribution of Wealth - The Case of the NLSY 1979 Cohort," Working Papers, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz, number 1610, Apr.
• César Carrera, 2016, "Identifying the exchange-rate balance sheet effect over firms," Working Papers, Peruvian Economic Association, number 66, Apr.
• Daniela Bragoli & Michele Modugno, 2016, "A Nowcasting Model for Canada: Do U.S. Variables Matter?," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-036, Apr, DOI: 10.17016/FEDS.2016.036.
• Alberto Caruso & Lucrezia Reichlin & Giovanni Ricco, 2015, "The Legacy Debt and the Joint Path of Public Deficit and Debt in the Euro Area," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 010, Sep.
• Markus Brueckner, 2016, "Rent Extraction by Capitalists," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2016-20, May.
• Timo Boppart & Per Krusell, 2016, "Labor Supply in the Past, Present, and Future: a Balanced-Growth Perspective," NBER Working Papers, National Bureau of Economic Research, Inc, number 22215, May.
• Richard G. Anderson & Michael Bordo & John V. Duca, 2016, "Money and Velocity During Financial Crises: From the Great Depression to the Great Recession," Economics Working Papers, Hoover Institution, Stanford University, number 16111, May.
• Mankart, Jochen & Oikonomou, Rigas, 2016, "The rise of the added worker effect," Discussion Papers, Deutsche Bundesbank, number 10/2016.
• Barbara Annicchiarico & Susan Battles & Fabio Di Dio & Pierfrancesco Molina & Pietro Zoppoli, 2016, "GEEM: a policy model for assessing climate-energy reforms in Italy," Working Papers, Department of the Treasury, Ministry of the Economy and of Finance, number 3, May.
• Geromichalos, Athanasios & Herrenbrueck, Lucas, 2016, "The Strategic Determination of the Supply of Liquid Assets," MPRA Paper, University Library of Munich, Germany, number 71454, May.
• Shyam Upadhyaya & Liudmila Kitrar & Georgy Vladimirovich Ostapkovich & Tamara Lipkind, 2016, "The Main Vectors of Cross-Border Development in the CIS Industrial and Economic Space: Convergence, Potential, Cross-Country Gaps," HSE Working papers, National Research University Higher School of Economics, number WP BRP 60/STI/2016.
• Ali-Yrkkö, Jyrki & Seppälä, Timo & Mattila, Juri, 2016, "The Role of the Largest Companies and Their Value Chains in the Economy," ETLA Reports, The Research Institute of the Finnish Economy, number 53, May.
• Skott, Peter, 2016, "Weaknesses of 'wage-led growth'," UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics, number 2016-08.
• Nicolas Afflatet, 2016, "Deficit Policy within the Framework of the Stability and Growth Pact - Empirical Results and Lessons for the Fiscal Compact," Working Paper, Helmut Schmidt University, Hamburg, number 168/2016, May.
• Eric Rosengren, 2016, "Exploring the economy's progress and outlook: remarks at the Greater Concord Chamber of Commerce, Concord, New Hampshire, May 12, 2016," Speech, Federal Reserve Bank of Boston, number 107, May.
• Charles W. Calomiris & Matthew Jaremski, 2016, "Deposit Insurance: Theories and Facts," NBER Working Papers, National Bureau of Economic Research, Inc, number 22223, May.
• Item repec:spo:wpmain:info:hdl:2441/8g1v863ou8ne8avs9kr75pav8 is not listed on IDEAS anymore

• Item repec:imf:imfwpa:16/67 is not listed on IDEAS anymore

• Loretta J. Mester, 2016, "Recent Inflation Developments and Challenges for Research and Monetary Policymaking : The 47th Konstanz Seminar on Monetary Theory and Monetary Policy, Insel Reichenau, Germany 5-12-2016," Speech, Federal Reserve Bank of Cleveland, number 71, May.
• Item repec:imf:imfwpa:16/87 is not listed on IDEAS anymore

• Eric Rosengren, 2016, "Perspectives on risks: both economic and cyber: remarks at the Federal Reserve Bank of Boston's 2016 Cybersecurity Conference, April 4, 2016," Speech, Federal Reserve Bank of Boston, number 105, Apr.
• Michelle Lewis & Dr John McDermott, 2016, "New Zealand's experience with changing its inflation target and the impact on inflation expectations," Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand, number DP2016/07, Jul.
• Marcel Fratzscher & Malte Rieth, 2015, "Monetary Policy, Bank Bailouts and the Sovereign-Bank Risk Nexus in the Euro Area," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 009, Sep.
• Fedotenkov, Igor, 2016, "Ignorance is bliss: Should a pension reform be announced?," MPRA Paper, University Library of Munich, Germany, number 71336, May.
• Francis Bismans & Igor N. Litvine, 2016, "Forecasting with Neural Networks Models," Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg, number 2016-28.
• Davide Debortoli & Ricardo Nunes & Pierre Yared, 2016, "Optimal time-consistent government debt maturity," Working Papers, Federal Reserve Bank of Boston, number 16-4, May.
• Marek Dabrowski, 2015, "Monetary Union and Fiscal and Macroeconomic Governance," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 013, Sep.
• José De Gregorio, 2016, "Large Depreciations: Recent Experience in Historical Perspective," Working Paper Series, Peterson Institute for International Economics, number WP16-8, May.
• Nagayasu, Jun, 2016, "Inflation and Bubbles in the Japanese Condominium Market," MPRA Paper, University Library of Munich, Germany, number 71192, Apr.
• Item repec:iwh:dispap:16-16 is not listed on IDEAS anymore

• Francesco Potente & Antonio Scalia, 2016, "Market timing and performance attribution in the ECB reserve management framework," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1062, Apr.
• Margherita Russo & Francesco Pagliacci, 2016, "Socio-economic effects of an earthquake:does sub-regional counterfactual sampling matter in estimates? An empirical test on the 2012 Emilia-Romagna earthquake," Center for the Analysis of Public Policies (CAPP), Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi", number 0139, Apr.
• Item repec:imf:imfscr:16/90 is not listed on IDEAS anymore

• Mauro Costantini & Iris Meco & Antonio Paradiso, 2016, "Common trends in the US state-level crime.What do panel data say?," Working Papers, Department of Economics, University of Venice "Ca' Foscari", number 2016:14.
• Lorenza Rossi & Emilio Zanetti Chini, 2016, "Firms’ Dynamics and Business Cycle: New Disaggregated Data," DEM Working Papers Series, University of Pavia, Department of Economics and Management, number 123, May.
• Item repec:imf:imfscr:16/103 is not listed on IDEAS anymore

• Jose-Maria Da-Rocha & Marina Mendes Tavares & Diego Restuccia, 2016, "Firing Costs, Misallocation, and Aggregate Productivity," Working Papers, University of Toronto, Department of Economics, number tecipa-561, May.
• Gilles Mourre & Savina Princen, 2015, "Tax Revenue Elasticities Corrected for Policy Changes in the EU," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 018, Nov.
• Perihan Hazel Kaya & Mustafa Göktu? Kaya, 2016, "Policies That Increase Savings: Private Pension System Implementation In Turkey," Proceedings of International Academic Conferences, International Institute of Social and Economic Sciences, number 3606078, May.
• Sandra Batten, & Rhiannon Sowerbutts & Misa Tanaka, 2016, "Let’s talk about the weather: the impact of climate change on central banks," Bank of England working papers, Bank of England, number 603, May.
• Item repec:imf:imfwpa:16/97 is not listed on IDEAS anymore

• Joseph Halevi, 2016, "Luigi Pasinetti and the Political Economy of Growth and Distribution," Working Papers Series, Institute for New Economic Thinking, number 40, Apr, DOI: 10.2139/ssrn.2772130.
• Wieladek, Tomasz & De Marco, Filippo, 2016, "The Real Effects of Capital Requirements and Monetary Policy: Evidence from the United Kingdom," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11265, May.
• Stefano Bosi & Cuong Le Van & Ngoc-Sang Pham, 2016, "Asset bubbles and efficiency in a generalized two-sector model," Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, number 16029, Mar.
• David Bholat & Robin Darbyshire, 2016, "Accounting in central banks," Bank of England working papers, Bank of England, number 604, May.
• Alberto Martin, 2016, "Reverse speculative attacks: A comment," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1522, Apr.
• Sergey Ivashchenko, 2016, "Estimation and filtering of nonlinear MS-DSGE models," HSE Working papers, National Research University Higher School of Economics, number WP BRP 136/EC/2016.
• James B. Bullard, 2016, "Slow Normalization or No Normalization? : a presentation at 35th Annual Economic Forecast Project, Santa Barbara County Summit, Santa Barbara, Calif. May 5, 2016," Speech, Federal Reserve Bank of St. Louis, number 267, May.
• Daniel Hartley & Anna L. Paulson & Richard J. Rosen, 2016, "Measuring Interest Rate Risk in the Life Insurance Sector: The U.S. and the U.K," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2016-2, Jan.
• Schreiber, Sven & Beblo, Miriam, 2016, "Leisure and housing consumption after retirement: New evidence on the life-cycle hypothesis," Discussion Papers, Free University Berlin, School of Business & Economics, number 2016/8.
• Item repec:imf:imfwpa:16/94 is not listed on IDEAS anymore

• Salvador Ortigueira & Nawid Siassi, 2016, "Anti-poverty Income Transfers in the U.S.: A Framework for the Evaluation of Policy Reforms," Working Papers, University of Miami, Department of Economics, number 2016-04, Apr.
• Hernández del Valle Gerardo & Juárez-Torres Miriam & Guerrero Santiago, 2016, "A Functional Approach to Test Trending Volatility," Working Papers, Banco de México, number 2016-04, Apr.
• Håvard Hungnes, 2016, "Fractionality and co-fractionality between Government Bond yields," Discussion Papers, Statistics Norway, Research Department, number 838, Apr.

Report NEP-MAC-2016-05-28

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: