Report NEP-MAC-2016-07-16

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:

• Daniel Detzer, 2016, "Financialisation, Debt and Inequality – scenarios based on a stock flow consistent model," Working papers, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project, number wpaper151, Jan.
• Mitsuru Katagiri, 2016, "Forward Guidance as a Monetary Policy Rule," Bank of Japan Working Paper Series, Bank of Japan, number 16-E-6, Jun.
• Hilary Patroba & Leroi Raputsoane, 2016, "South Africa's real business cycles: The cycle is the trend," Working Papers, Stellenbosch University, Department of Economics, number 12/2016.
• Stefano Eusepi & Bruce Preston, 2016, "The science of monetary policy: an imperfect knowledge perspective," Staff Reports, Federal Reserve Bank of New York, number 782, Jun.
• Jacquinot, Pascal & Pisani, Massimiliano & Gomes, Sandra & Bokan, Nikola & Gerali, Andrea, 2016, "EAGLE-FLI. A macroeconomic model of banking and financial interdependence in the euro area," Working Paper Series, European Central Bank, number 1923, Jun.
• Nlemfu Mukoko, Jean Blaise, 2016, "On the Welfare Costs of Monetary Policy," MPRA Paper, University Library of Munich, Germany, number 72479, Jun, revised Jul 2016.
• Frank Smets & Stefania Villa, 2016, "Slow recoveries: any role for corporate leverage?," BCAM Working Papers, Birkbeck Centre for Applied Macroeconomics, number 1602, Jun.
• Jochen Lüdering & Peter Tillmann, 2016, "Monetary Policy on Twitter and its Effect on Asset Prices: Evidence from Computational Text Analysis," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 201612.
• Item repec:cpr:ceprdp:11381 is not listed on IDEAS anymore

• LaGarda, Guillermo & Manzano, Osmel & Prat, Jordi, 2015, "The Legacy of the Crisis: Policy Options in a Favorable Environment," MPRA Paper, University Library of Munich, Germany, number 72151, Jan.
• Benhima, Kenza & Bacchetta, Philippe & Kalantzis, Yannick, 2016, "Money and Capital in a Persistent Liquidity Trap," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11369, Jul.
• Celestino Girón & Marta Morano & Enrique M. Quilis & Daniel Santabárbara & Carlos Torregrosa, 2016, "Modelling interest payments for macroeconomic assessment," Working Papers, Banco de España, number 1612, Jun.
• Nlemfu Mukoko, Jean Blaise, 2015, "The Cyclical Behavior of the Markups in the New Keynesian Models," MPRA Paper, University Library of Munich, Germany, number 72478, Jun, revised May 2016.
• Gliksberg, Baruch & Bar Ilan, Avner, , "Redeem or Revalue? Some Public-Debt Calculus," Working Papers, University of Haifa, Department of Economics, number WP2016/1.
• Orphanides, Athanasios, 2016, "Fiscal Implications of Central Bank Balance Sheet Policies," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11383, Jul.
• Philippe Bacchetta & Kenza Benhima & Yannick Kalantzis, 2016, "Money and Capital in a Persistent Liquidity Trap," Cahiers de Recherches Economiques du Département d'économie, Université de Lausanne, Faculté des HEC, Département d’économie, number 16.12, Jun.
• Item repec:dnb:dnbwpp:514 is not listed on IDEAS anymore

• Gary Richardson & Patrick Van Horn, 2016, "In the Eye of a Storm: Manhattan's Money Center Banks during the International Financial Crisis of 1931," Working Paper, Federal Reserve Bank of Richmond, number 16-7, Jul.
• Thomas COUDERT, 2016, "A new insight on the inflation persistence: the role of severance pay," Working Papers of LaRGE Research Center, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg, number 2016-06.
• Jinill KIM & Francisco RUGE-MURCIA, 2016, "Extreme Events and Optimal Monetary Policy," Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ, number 09-2016.
• Hanck, Christoph & Prüser, Jan, 2016, "House prices and interest rates: Bayesian evidence from Germany," Ruhr Economic Papers, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen, number 620, DOI: 10.4419/86788722.
• Sunde, Tafirenyika, 2016, "Foreign direct investment and economic growth: ADRL and causality analysis for South Africa," MPRA Paper, University Library of Munich, Germany, number 72382, Mar, revised Jun 2016.
• Yuto Iwasaki & Sohei Kaihatsu, 2016, "Measuring Underlying Inflation Using Dynamic Model Averaging," Bank of Japan Working Paper Series, Bank of Japan, number 16-E-8, Jun.
• Pedro Brinca & V. V. Chari & Patrick J. Kehoe & Ellen R. McGrattan, 2016, "Accounting for Business Cycles," Staff Report, Federal Reserve Bank of Minneapolis, number 531, Jun.
• Stoian, Andreea & Iorgulescu, Filip, 2016, "Do Investors Listen to Fiscal Policy? – Study case Bucharest Stock Exchange," MPRA Paper, University Library of Munich, Germany, number 72458, Jun.
• Vasilev, Aleksandar, 2015, "RBC Models and the Hours-Wages Puzzle: Puzzle Solved!," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 142466.
• Amador, João & Nagengast, Arne J., 2016, "The effect of bank shocks on firm-level and aggregate investment," Discussion Papers, Deutsche Bundesbank, number 20/2016.
• Hernandez-Chanto, Allan, 2016, "The Extrinsic Value of Low-Denomination Money Holdings," MPRA Paper, University Library of Munich, Germany, number 72348, Jan, revised 15 Jan 2016.
• Yannis Dafermos & Maria Nikolaidi & Giorgos Galanis, 2016, "A stock-flow-fund ecological macroeconomic model," Working Papers, Post Keynesian Economics Society (PKES), number PKWP1612, Jul.
• Tom Krebs & Moritz Kuhn & Mark L. J. Wright, 2016, "Insurance in Human Capital Models with Limited Enforcement," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2016-8, Mar.
• Romain Baeriswyl & Camille Cornand & Bruno Ziliotto, 2016, "Observing and shaping the market: the dilemma of central banks," Working Papers, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon, number 1623.
• Rünstler, Gerhard & Vlekke, Marente, 2016, "Business, housing and credit cycles," Working Paper Series, European Central Bank, number 1915, Jun.
• Piotr Krajewski, 2016, "Heterogeneity of households and the effects of fiscal policy in CEE countries," Lodz Economics Working Papers, University of Lodz, Faculty of Economics and Sociology, number 2/2016, May.
• Carlos Viana de Carvalho & EriC Hsu & Fernanda Necchio, 2016, "Measuring the Effect of the Zero Lower Bound on Monetary Policy," Textos para discussão, Department of Economics PUC-Rio (Brazil), number 649, Apr.
• Carlos Fernando Daza Moreno & Jorge Mario Uribe, 2016, "Efectos de los cambios de la tasa de interés de Estados Unidos sobre Colombia, Perú y Chile," Revista de Economía del Caribe, Universidad del Norte, volume 0, issue 0, pages 1-19.
• Item repec:fpb:wpaper:1604 is not listed on IDEAS anymore

• Patrick Higgins & Tao Zha & Karen Zhong, 2016, "Forecasting China's Economic Growth and Inflation," NBER Working Papers, National Bureau of Economic Research, Inc, number 22402, Jul.
• Fernando Fernández-Rodríguez & Marta Gómez-Puig & Simón Sosvilla-Rivero, 2015, "Volatility spillovers in EMU sovereign bond markets," Working Papers del Instituto Complutense de Estudios Internacionales, Universidad Complutense de Madrid, Instituto Complutense de Estudios Internacionales, number 1504.
• Lechthaler, Wolfgang, 2016, "Protectionism in a liquidity trap," Kiel Working Papers, Kiel Institute for the World Economy, number 2042.
• Dana Gabriela SISEA, 2015, "Actual Problems and Perspective with Positive Impact on the Activity of Banking System in Romania," Economics of Sustainable Development.The Economic Impact of Climate Change. - Working papers, Ecological University of Bucharest, Department of Economics, number 09, Nov.
• Hazan, Moshe & Weiss, David & Zoabi, Hosny, 2016, "Women's Liberation as a Financial Innovation," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11371, Jul.
• Alexander Yu. Apokin & Irina B. Ipatova, 2016, "Structural Breaks in Potential GDP Of Three Major Economies: Just Impaired Credit or the “New Normal”?," HSE Working papers, National Research University Higher School of Economics, number WP BRP 142/EC/2016.
• Vasilev, Aleksandar, 2015, "Modeling Real Private Consumption Expenditure in Bulgaria after the Currency Board Implementation (1997-2005)," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 142469.
• Bataa, Erdenebat & Wohar, Mark & Vivian, Andrew, 2015, "Changes in the relationship between short-term interest rate, inflation and growth: Evidence from the UK, 1820-2014," MPRA Paper, University Library of Munich, Germany, number 72422, Sep.
• Mario Holzner, 2016, "Bescheidener Aufschwung im Osten – Bremsklotz EU-Fiskalregeln," wiiw Research Reports in German language, The Vienna Institute for International Economic Studies, wiiw, number 4, Jun.
• Kok, Christoffer & Darracq Pariès, Matthieu & Hałaj, Grzegorz, 2016, "Bank capital structure and the credit channel of central bank asset purchases," Working Paper Series, European Central Bank, number 1916, Jun.
• Don Mathews, 2016, "Elusive Recovery: South Georgia Coast Counties since the Great Recession," Center Research and Working Papers, Reg Murphy Center for Economic and Policy Studies, number 16-3, Apr.
• López-Martín Bernabé, 2016, "Informal Sector Misallocation," Working Papers, Banco de México, number 2016-09, Jun.
• Fernando Fernández-Rodríguez & Marta Gómez-Puig & Simón Sosvilla-Rivero, 2015, "Financial stress transmission in EMU sovereign bond market volatility: A connectedness analysis," Working Papers del Instituto Complutense de Estudios Internacionales, Universidad Complutense de Madrid, Instituto Complutense de Estudios Internacionales, number 1501.
• Oscar Andrés Espinosa Acuna & Paola Andrea Vaca Gonz�lez, 2014, "Causas del desempleo en Colombia en el siglo XXI: Evidencia a partir de un modelo var-x cointegrado," Revista de Economía del Caribe, Universidad del Norte, volume 0, issue 0, pages 1-24.
• Christopher McDonald & Craig Thamotheram & Shaun P. Vahey & Elizabeth C. Wakerly, 2016, "Assessing the Economic Value of Probabilistic Forecasts in the Presence of an Inflation Target," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2016-40, Jun.
• Item repec:stn:sotoec:1604 is not listed on IDEAS anymore

• Francisco RUGE-MURCIA & Alessandro RIBONI, 2016, "Collective Versus Individual Decisionmaking : A Case Study of the Bank of Israel Law," Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ, number 06-2016.
• Kenneth D. Garbade, 2016, "Repurchase agreements as an instrument of monetary policy at the time of the Accord," Staff Reports, Federal Reserve Bank of New York, number 780, Jun.
• Sanne Zwart, 2016, "Enhancing private investment in the Netherlands," OECD Economics Department Working Papers, OECD Publishing, number 1305, Jun, DOI: 10.1787/5jlwjg6sq2g6-en.
• Morgan, Peter & Regis, Paulo José & Salike, Nimesh, 2015, "Loan-to-Value Policy as a Macroprudential Tool: The Case of Residential Mortgage Loans in Asia," RIEI Working Papers, Xi'an Jiaotong-Liverpool University, Research Institute for Economic Integration, number 2015-03, Aug.
• Gersbach, Hans & Faure, Salomon, 2016, "On the Money Creation Approach to Banking," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11368, Jun.
• López-Pérez, Víctor, 2016, "Does uncertainty affect non-response to the European Central Bank's survey of professional forecasters?," Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel), number 2016-29.
• Igor Fedotenkov, 2016, "Labour Shares, Fertility and Longevity in an OLG model," Bank of Lithuania Working Paper Series, Bank of Lithuania, number 28, Jul.
• Davor Iljkić, 2015, "Pranje Novaca U Domaćem I Stranom Zakonodavstvu," Effectus - Working Paper Series, Effectus - University College for Law and Finance, number 0006, Apr.
• Taro Abe, 2016, "Egalitarian Policies, Effective Demand, and Globalization: Considering Budget Constraint," Discussion papers, Graduate School of Economics , Kyoto University, number e-15-014, Feb.
• Moises S. Andrade & Tiago Berriel, 2016, "Is There an Output Free Lunch for Fiscal Inationary Policies?," Textos para discussão, Department of Economics PUC-Rio (Brazil), number 650, Apr.
• Cédric Durand & Maxime Gueuder, 2016, "The investment-profit nexus in an era of financialisation and globalisation. A profit-centred perspective," Working Papers, Post Keynesian Economics Society (PKES), number PKWP1614, Jul.
• Miguel Faria-e-Castro & Luis Fonseca & Matteo Crosignani, 2016, "The (Unintended?) Consequences of the Largest Liquidity Injection Ever," 2016 Meeting Papers, Society for Economic Dynamics, number 43.
• Stephane Verani, 2016, "Aggregate Consequences of Dynamic Credit Relationships," 2016 Meeting Papers, Society for Economic Dynamics, number 4.
• Brito, Paulo & Costa, Lu s F. & Dixon, Huw David, 2016, "From Sunspots to Black Holes: Singular dynamics in macroeconomic models," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2016/6, Jun.
• Franck Portier & Dana Galizia & Paul Beaudry, 2016, "Reviving the limit cycle view of macroeconomic fluctuations," 2016 Meeting Papers, Society for Economic Dynamics, number 52.
• Carlos Gozzi, & Schmukler, Sergio, 2016, "Public Credit Guarantees and Access to Finance," The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics, number 1122.
• Bernd Hayo & Florian Neumeier, 2016, "The (In)Validity of the Ricardian Equivalence Theorem—Findings from a Representative German Population Survey," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 201611.
• Janusz J. Tomidajewicz, 2015, "The scope and nature of privatisation in the financial sector," Working papers, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project, number wpaper97, Mar.
• Loretta J. Mester, 2016, "The U.S. Economic Outlook and Monetary Policy: The European Economics and Financial Centre, Distinguished Speakers Seminar, London, U.K. - July 1, 2016," Speech, Federal Reserve Bank of Cleveland, number 73, Jul.
• Peter L. Rousseau & Paul Wachtel, 2016, "Episodes of financial deepening: credit booms or growth generators?," Vanderbilt University Department of Economics Working Papers, Vanderbilt University Department of Economics, number 16-00013, Jul.
• Simplice Asongu & Jacinta C. Nwachukwu, 2016, "Mobile Phone Penetration, Mobile Banking and Inclusive Development in Africa," Working Papers of the African Governance and Development Institute., African Governance and Development Institute., number 16/021, Jan.
• Gilbert, Thomas & Scotti, Chiara & Strasser, Georg & Vega, Clara, 2016, "Is the intrinsic value of macroeconomic news announcements related to their asset price impact?," Working Paper Series, European Central Bank, number 1882, Feb.
• Juan Pablo Nicolini, 2016, "Self-fulfilling Prophecies in Sovereign Debt Markets," Economic Policy Paper, Federal Reserve Bank of Minneapolis, number 16-8, Jun.
• John H. Rogers & Chiara Scotti & Jonathan H. Wright, 2016, "Unconventional Monetary Policy and International Risk Premia," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1172, May, DOI: 10.17016/IFDP.2016.1172.
• Carlos Eduardo Méndez Conde & Juan Camilo M�ndez Vizca�no, 2016, "Diseno de política económica para enfrentar la volatilidad de la tasa de cambio. Un análisis econométrico Garch de los periodos de apreciación y depreciación: sus costos y resultados," Econógrafos, Escuela de Economía, Universidad Nacional de Colombia, FCE, CID, number 14806, Jun.
• Annina Kaltenbrunner & Juan Pablo Painceira, 2016, "International and Domestic Financialisation in Middle Income Countries; The Brazilian Experience," Working papers, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project, number wpaper146, Feb.
• Schmidt, Sebastian & Nakata, Taisuke & Hills, Timothy, 2016, "The risky steady state and the interest rate lower bound," Working Paper Series, European Central Bank, number 1913, Jun.
• Nlemfu Mukoko, Jean Blaise, 2015, "Matrice de Comptabilité Sociale de 2013 pour la R.D.Congo
  [2013 Social Accounting Matrix for the D.R.Congo]," MPRA Paper, University Library of Munich, Germany, number 72407, Sep, revised Jan 2016.
• Thomas COUDERT & Thierry BETTI, 2016, "How harmful are cuts in public employment and wage in times of high unemployment?," Working Papers of LaRGE Research Center, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg, number 2016-05.
• María Isabel Rodríguez-Ferradas & José A. Alfaro-Tanco & Francesco Sandulli, 2016, "A framework for Open Innovation practices: Typology and characterisation," Faculty Working Papers, School of Economics and Business Administration, University of Navarra, number 02/16, Jun.
• Ana Fontoura Gouveia & Filipa Canas, 2016, "Reallocation of Resources between Tradable and Non-Tradable Sectors in Portugal: Developing a new Identification Strategy for the Tradable Sector," GEE Papers, Gabinete de Estratégia e Estudos, Ministério da Economia, number 0060, Feb, revised Feb 2016.
• Akay, Alpaslan & Bargain, Olivier & Zimmermann, Klaus F., 2016, "Home sweet home? Macroeconomic conditions in home countries and the well-being of migrants," MERIT Working Papers, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT), number 2016-038, Jun.
• Víctor Manuel Castillo Girón & Manuel Machuca Mart�nez & Suhey Ayala Ram�rez & David L�pez Jimenez, 2015, "Ecotecnología en las viviendas Mexicanas: El Programa Hipoteca Verde y sus implicaciones en la rentabilidad de las empresas inmobiliarias," Revista de Economía del Caribe, Universidad del Norte, volume 0, issue 0, pages 1-27.

Report NEP-MAC-2016-07-16

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: