Report NEP-MAC-2016-07-09

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:

• Jorg Bibow, 2016, "From Antigrowth Bias to Quantitative Easing: The ECB's Belated Conversion?," Economics Working Paper Archive, Levy Economics Institute, number wp_868, Jun.
• Belanger, Gilles, 2016, "Inequality Causes Recessions: A Fallout from Ramsey's Conjecture," MPRA Paper, University Library of Munich, Germany, number 72335, Jul.
• Rangan Gupta & Hylton Hollander & Mark E. Wohar, 2016, "The Impact of Oil Shocks in a Small Open Economy New-Keynesian Dynamic Stochastic General Equilibrium Model for South Africa," Working Papers, University of Pretoria, Department of Economics, number 201652, Jun.
• Paul Kitney, 2016, "Financial Factors and Monetary Policy: Determinacy and Learnability of Equilibrium," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2016-41, Jul.
• Hagedorn, Marcus, 2016, "A Demand Theory of the Price Level," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11364, Jun.
• Tara Iyer, 2016, "Optimal Monetary Policy in an Open Emerging Market Economy," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2016-6, Jun.
• Pierre-Olivier Gourinchas & Thomas Philippon & Dimitri Vayanos, 2016, "The Analytics of the Greek Crisis," NBER Working Papers, National Bureau of Economic Research, Inc, number 22370, Jun.
• Hiona Balfoussia & Heather D. Gibson, 2016, "Firm investment and financial conditions in the euro area: evidence from firm-level data," Working Papers, Bank of Greece, number 208, Jun.
• Al-Jarhi, Mabid, 2016, "The Nature of Money in Modern Economy – Implications and Consequences," MPRA Paper, University Library of Munich, Germany, number 72238, May, revised 15 Jun 2016.
• Edward C. Prescott & Ryan Wessel, 2016, "Fiat Value in the Theory of Value," Staff Report, Federal Reserve Bank of Minneapolis, number 530, Jun, DOI: 10.21034/sr.530.
• Item repec:rza:wpaper:619 is not listed on IDEAS anymore

• Item repec:bof:bofrdp:2016_017 is not listed on IDEAS anymore

• Shirai, Daichi, 2016, "Persistence and Amplification of Financial Frictions," MPRA Paper, University Library of Munich, Germany, number 72187, Jun.
• Item repec:bof:bofrdp:2016_019 is not listed on IDEAS anymore

• Mark A. Carlson & David C. Wheelock, 2016, "Did the Founding of the Federal Reserve Affect the Vulnerability of the Interbank System to Congation Risk?," Working Papers, Federal Reserve Bank of St. Louis, number 2016-12, Jun, DOI: 10.20955/wp.2016.012.
• Vasilev, Aleksandar, 2016, "Search and matching frictions and business cycle fluctuations in Bulgaria," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 142336.
• Daniel A. Dias & Joao B. Duarte, 2016, "The Effect of Monetary Policy on Housing Tenure Choice as an Explanation for the Price Puzzle," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1171, Jun, DOI: 10.17016/IFDP.2016.1171.
• Veldkamp, Laura & Venkateswaran, Venky, 2018, "The Tail that Wags the Economy: Beliefs and Persistent Stagnation," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11352, Oct.
• Antonio Fatás & Lawrence H. Summers, 2016, "The Permanent Effects of Fiscal Consolidations," NBER Working Papers, National Bureau of Economic Research, Inc, number 22374, Jun.
• Yuichiro Ito & Sohei Kaihatsu, 2016, "Effects of Inflation and Wage Expectations on Consumer Spending: Evidence from Micro Data," Bank of Japan Working Paper Series, Bank of Japan, number 16-E-7, Jun.
• Tommaso Ferraresi & Andrea Roventini & Willi Semmler, 2016, "Macroeconomic regimes, technological shocks and employment dynamics," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2016-19, Jun.
• Josef Schroth, 2016, "Financial Crisis Interventions," Staff Working Papers, Bank of Canada, number 16-29, DOI: 10.34989/swp-2017-29.
• Gilles Le Garrec & Vincent Touzé, 2016, "Capital accumulation and the dynamic of secular stagnation," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2016-17, Jun.
• Mattia Guerini & Mauro Napoletano & Andrea Roventini, 2016, "No man is an island : the Impact of Heterogeneity and local interactions on Macroeconomic Dynamics," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2016-18, Jun.
• Chun Chang & Zheng Liu & Mark M. Spiegel & Jingyi Zhang, 2016, "Reserve Requirements and Optimal Chinese Stabilization Policy," Working Paper Series, Federal Reserve Bank of San Francisco, number 2016-10, Jun, DOI: 10.24148/wp2016-10.
• Wensheng Kang & Ronald A. Ratti & Joaquin Vespignani, 2016, "Global Uncertainty and the Global Economy: Decomposing the Impact of Uncertainty Shocks," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2016-39, Jun.
• Alisdair McKay & Ricardo Reis, 2016, "Optimal Automatic Stabilizers," Discussion Papers, Centre for Macroeconomics (CFM), number 1618, Jun.
• Aikman, David & Bush, Oliver & Taylor, Alan M., 2016, "Monetary versus macroprudential policies:causal impacts of interest rates andcredit controls in the era of the UKradcliffe report," Economic History Working Papers, London School of Economics and Political Science, Department of Economic History, number 67035, Jun.
• Jaroslav Borovička & Lars Peter Hansen, 2016, "Term Structure of Uncertainty in the Macroeconomy," NBER Working Papers, National Bureau of Economic Research, Inc, number 22364, Jun.
• Kose, M. Ayhan & Huidrom, Raju & Ohnsorge, Franziska, 2016, "Do Fiscal Multipliers Depend on Fiscal Positions?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11346, Jun.
• Raju Huidrom & M. Ayhan Kose & Jamus J. Lim & Franziska L. Ohnsorge, 2016, "Do Fiscal Multipliers Depend on Fiscal Positions?," Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum, number 1605, Jun.
• Julien Champagne & Guillaume Poulin-Bellisle & Rodrigo Sekkel, 2016, "The Real-Time Properties of the Bank of Canada’s Staff Output Gap Estimates," Staff Working Papers, Bank of Canada, number 16-28, DOI: 10.34989/swp-2017-28.
• Sergey Ivashchenko & Rangan Gupta, 2016, "Near-Rational Expectations: How Far are Surveys from Rationality?," Working Papers, University of Pretoria, Department of Economics, number 201655, Jul.
• Jeffrey R. Campbell & Jonas D. M. Fisher & Alejandro Justiniano & Leonardo Melosi, 2016, "Forward Guidance and Macroeconomic Outcomes Since the Financial Crisis," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2016-7, Jun.
• Radde, Sören & Cui, Wei, 2016, "Search-based endogenous asset liquidity and the macroeconomy," Working Paper Series, European Central Bank, number 1917, Jun.
• Item repec:fpb:wpaper:1606 is not listed on IDEAS anymore

• Taylor, Alan M. & Aikman, David & Bush, Oliver, 2016, "Monetary Versus Macroprudential Policies: Causal Impacts of Interest Rates and Credit Controls in the Era of the UK Radcliffe R," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11353, Jun.
• David Aikman & Oliver Bush & Alan M. Taylor, 2016, "Monetary Versus Macroprudential Policies: Causal Impacts of Interest Rates and Credit Controls in the Era of the UK Radcliffe Report," NBER Working Papers, National Bureau of Economic Research, Inc, number 22380, Jun.
• Garayeva, Aygun & Tahirova, Gulzar, 2016, "Government spending effectiveness and the quality of fiscal institutions," MPRA Paper, University Library of Munich, Germany, number 72177, Jun.
• Daniela Bragoli & Jack Fosten, 2016, "Nowcasting Indian GDP," University of East Anglia School of Economics Working Paper Series, School of Economics, University of East Anglia, Norwich, UK., number 2016-06, Jun.
• Kathryn Holston & Thomas Laubach & John C. Williams, 2016, "Measuring the Natural Rate of Interest: International Trends and Determinants," Working Paper Series, Federal Reserve Bank of San Francisco, number 2016-11, Dec, DOI: 10.24148/wp2016-11.
• Yuriy Kitsul & Marcelo Ochoa, 2016, "Funding Liquidity Risk and the Cross-section of MBS Returns," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-052, Jun, DOI: 10.17016/FEDS.2016.052.
• Noritaka Kudoh & Hiroaki Miyamoto & Masaru Sasaki, 2016, "Employment and hours over the business cycle in a model with search frictions," Working Papers, Kochi University of Technology, School of Economics and Management, number SDES-2016-9, Jun, revised Jun 2016.
• Barbara Annicchiarico & Alessandra Pelloni & Fabrizio Valenti, 2016, "Volatility and Growth with Recursive Preferences," CEIS Research Paper, Tor Vergata University, CEIS, number 387, Jun, revised 24 Jun 2016.
• Brown, Alessio & Kohlbrecher, Britta & Merkl, Christian & Snower, Dennis J., 2016, "The effects of productivity and benefits on unemployment: Breaking the link," MERIT Working Papers, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT), number 2016-032, May.
• Kose, M. Ayhan & Huidrom, Raju & Ohnsorge, Franziska, 2016, "Challenges of Fiscal Policy in Emerging and Developing Economies," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11347, Jun.
• Lopez, Claude & Markwardt, Donald & Savard, Keith, 2016, "The Asset Management Industry and Systemic Risk: Is There a Connection?," MPRA Paper, University Library of Munich, Germany, number 72266, Jun.
• Goodness C. Aye & Mehmet Balcilar & Rangan Gupta, 2016, "The Effectiveness of Monetary Policy in South Africa under Inflation Targeting: Evidence from a Time-Varying Factor-Augmented Vector Autoregressive Model," Working Papers, University of Pretoria, Department of Economics, number 201653.
• Vdovychenko Artem, 2016, "Fiscal Policy Rection and Sustainability of Fiscal Policy in Ukraine," EERC Working Paper Series, EERC Research Network, Russia and CIS, number 16/07e, Jun.
• Straub, Ludwig & Ulbricht, Robert, 2016, "Endogenous Second Moments: A Unified Approach to Fluctuations in Risk, Dispersion, and Uncertainty," TSE Working Papers, Toulouse School of Economics (TSE), number 16-664, Jun, revised Mar 2018.
• Libo Xu & Apostolos Serletis, , "Communication Frictions, Sentiments, and Nonlinear Business Cycles," Working Papers, Department of Economics, University of Calgary, number 2016-35, revised 20 Jun 2016.
• Jaelani, Aan, 2015, "Manajemen Zakat di Indonesia dan Brunei Darussalam
  [Zakah Management in Indonesia and Brunei Darussalam]," MPRA Paper, University Library of Munich, Germany, number 71561, Aug, revised 10 Sep 2015.
• Nyorekwa, Enock Twinoburyo & Odhiambo, Nicholas Mbaya, 2016, "Monetary policy and economic growth in Kenya:The role of money supply and interest rates," Working Papers, University of South Africa, Department of Economics, number 20712, Jun.
• Item repec:rcr:wpaper:02_16 is not listed on IDEAS anymore

• Philippe De Donder & John E. Roemer, 2016, "The Dynamics of Capital Accumulation in the US: Simulations after Piketty," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University, number 1998R, Jun.
• Sylvain Leduc & Zheng Liu, 2016, "The slow job recovery in a macro model of search and recruiting intensity," Working Paper Series, Federal Reserve Bank of San Francisco, number 2016-9, May, DOI: 10.24148/wp2016-09.
• Bhaumik, Sumon K. & Kutan, Ali M. & Majumdar, Sudipa, 2016, "How Successful Are Banking Sector Reforms in Emerging Market Economies? Evidence from Impact of Monetary Policy on Levels and Structures of Firm Debt in India," IZA Discussion Papers, Institute of Labor Economics (IZA), number 9992, Jun.
• Hansjorg Herr, 2016, "After the Financial Crisis; Reforms and Reform Options for Finance, Regulation and Institutional Structure," Working papers, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project, number wpaper148, Feb.
• Guma, Nomvuyo & Bonga-Bonga, Lumengo, 2016, "The relationship between savings and economic growth at the disaggregated level," MPRA Paper, University Library of Munich, Germany, number 72131, Jun.
• Dean Croushore & Katherine Marsten, 2016, "Do GDP Forecasts Respond Efficiently to Changes in Interest Rates?," Working Papers, Federal Reserve Bank of Philadelphia, number 16-17, Jun.
• Almås, Ingvild & Freddi, Eleonora & Thøgersen, Øystein, 2016, "Saving and Bequest in China: An Analysis of Intergenerational Exchange," Discussion Paper Series in Economics, Norwegian School of Economics, Department of Economics, number 10/2016, Jun.
• Apostolos Fasianos & Diego Guevara & Christos Pierros, 2016, "Have We Been Here Before? Phases of Financialization within the 20th Century in the United States," Economics Working Paper Archive, Levy Economics Institute, number wp_869, Jun.
• Chris McDonald & Craig Thamotheram & Shaun P. Vahey & Elizabeth C. Wakerly, 2016, "Assessing the economic value of probabilistic forecasts in the presence of an inflation target," Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand, number DP2016/10, Jun.
• Olena Havrylchyk, 2016, "Incentivising Lending to Smes with the Funding for Lending Scheme: Some Evidence from Bank-Level Data in the United Kingdom," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2016-24.
• De Grauwe, Paul & Ji, Yuemei, 2016, "Flexibility versus stability. A difficult trade-off in the Eurozone," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11372, Jul.
• Eugenio Cerutti & Ricardo Correa & Elisabetta Fiorentino & Esther Segalla, 2016, "Changes in Prudential Policy Instruments ---- A New Cross-Country Database," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1169, Jun, DOI: 10.17016/IFDP.2016.1169.
• Scott Brave & R. Andrew Butters & Alejandro Justiniano, 2016, "Forecasting Economic Activity with Mixed Frequency Bayesian VARs," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2016-5, May.
• Han Han & Benoit Julien & Asgerdur Petursdottir & Liang Wang, 2016, "Credit, Money and Asset Equilibria with Indivisible Goods," Working Papers, University of Hawaii at Manoa, Department of Economics, number 201608, Jun.
• Nurmakhanova Mira, 2016, "Oil and Growth Challenge in Kazakhstan," EERC Working Paper Series, EERC Research Network, Russia and CIS, number 16/06e, Jun.
• Kleis, Mischa & Moessinger, Marc-Daniel, 2016, "The long-run effect of fiscal consolidation on economic growth: Evidence from quantitative case studies," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 16-047, revised 2016.
• Item repec:bof:bofrdp:2016_018 is not listed on IDEAS anymore

• Item repec:rcr:wpaper:03_16 is not listed on IDEAS anymore

• Leandro López Elías, 2015, "Estimación de una función de consumo para la economía cubana en el período 1975- 2012," Revista de Economía del Caribe, Universidad del Norte, volume 0, issue 0, pages 1-25.
• Alberto Botta & Eugenio Caversazi & Daniele Tori, 2016, "The macroeconomics of shadow banking," Working Papers, Post Keynesian Economics Society (PKES), number PKWP1611, Jun.
• Bandyopadhyay, Subhayu & Dinopoulos, Elias & Unel, Bulent, 2016, "Effects of Credit Supply on Unemployment and Inequality," IZA Discussion Papers, Institute of Labor Economics (IZA), number 10006, Jun.
• Subhayu Bandyopadhyay & Elias Dinopoulos & Bulent Unel, 2016, "Effects of Credit Supply on Unemployment and Inequality," Working Papers, Federal Reserve Bank of St. Louis, number 2016-13, Jun, DOI: 10.20955/wp.2016.013.
• Huang, Wei Hong & Chen, Yang & Rudkin, Simon, 2014, "Dynamic Fiscal competition with public infrastructure investment: Austerity and attracting capital inflow," RIEI Working Papers, Xi'an Jiaotong-Liverpool University, Research Institute for Economic Integration, number 2014-03, Jan, revised 02 Mar 2016.
• Habla, Wolfgang, 2016, "The Green Paradox and Interjurisdictional Competition across Space and Time," Working Papers in Economics, University of Gothenburg, Department of Economics, number 668, Jun.
• Dafano, Alessandro, 2016, "La politica economica della Democrazia Cristiana (1948-1963) e il dibattito all’interno del partito
  [The economic policy of Christian Democracy (1948-1963) and the debate within the party]," MPRA Paper, University Library of Munich, Germany, number 72156, Jun.
• Kenneth D. Garbade, 2016, "The first debt ceiling crisis," Staff Reports, Federal Reserve Bank of New York, number 783, Jun.
• Andersson, Fredrik N. G. & Lennard, Jason, 2016, "Irish GDP between the Famine and the First World War: Estimates Based on a Dynamic Factor Model," Working Papers, Lund University, Department of Economics, number 2016:13, Jun, revised 16 Jan 2018.
• Elisabetta Montanaro, 2016, "Central Banks And Financial Supervision; New Tendencies," Working papers, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project, number wpaper134, Jan.
• Novignon, Jacob & Atakorah, Yaw Boateng, 2016, "How does the health sector benefit from trade openness? Evidence form panel data across sub-Saharan Africa countries," MPRA Paper, University Library of Munich, Germany, number 72258, Jun.
• Mario Tonveronachi, 2016, "A Critical Assessment Of The Eu Monetary, Fiscal And Financial Regulatory Framework And A Reform Proposal," Working papers, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project, number wpaper132, Jan.
• Jeffrey Brinkman & Daniele Coen-Pirani & Holger Sieg, 2016, "The Political Economy of Underfunded Municipal Pension," Working Papers, Federal Reserve Bank of Philadelphia, number 16-16, May.
• O'Sullivan, Mary, 2016, "A Confusion of Capital in the United States," Working Papers, University of Geneva, Paul Bairoch Institute of Economic History, number unige:84675.
• Iván A. Montoya Restrepo & Luz Alexandra Montoya Restrepo, 2015, "Propuesta de un sistema de equilibrio general clásico de los precios con capital circulante susceptible de ofrecer diversas calidades," Revista de Economía del Caribe, Universidad del Norte, volume 0, issue 0, pages 1-17.
• Marco DiMaggio & Andrew F. Haughwout & Amir Kermani & Matthew Mazewski & Maxim L. Pinkovskiy, 2016, "Health spending slowed down in spite of the crisis," Staff Reports, Federal Reserve Bank of New York, number 781, Jun.
• Özer Karagedikli & Dr John McDermott, 2016, "Inflation expectations and low inflation in New Zealand," Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand, number DP2016/09, Jun.
• Alexander N. Bogin & William M. Doerner & William D. Larson, 2016, "Local House Price Growth Accelerations," FHFA Staff Working Papers, Federal Housing Finance Agency, number 16-02, Jun, DOI: 10.1007/s11146-017-9643-y.
• Lubos Komarek & Kristyna Ters & Jorg Urban, 2016, "Intraday Dynamics of Euro Area Sovereign Credit Risk Contagion," Working Papers, Czech National Bank, Research and Statistics Department, number 2016/04, Jun.
• Étienne Farvaque & Florence Huart, 2016, "Drowned by Numbers? Designing an EU-wide Unemployment Insurance," CIRANO Working Papers, CIRANO, number 2016s-33, Jun.
• Kalkuhl, Matthias & von Braun, Joachim & Torero, Maximo, 2016, "Food Price Volatility and Its Implications for Food Security and Policy," MPRA Paper, University Library of Munich, Germany, number 72164.
• lopez, claude & Saeidinezhad, Elham, 2016, "Dodd-Frank: Washington, We Have a Problem," MPRA Paper, University Library of Munich, Germany, number 72236, Jun.
• Seo-Young Cho, 2016, "A crime 2.0 - cybercrime, e-talent, and institutions," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 201608.

Report NEP-MAC-2016-07-09

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: