Report NEP-MAC-2016-09-18

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:

• Cole, Stephen J., 2016, "The Effectiveness of Central Bank Forward Guidance under Inflation and Price-Level Targeting," Working Papers and Research, Marquette University, Center for Global and Economic Studies and Department of Economics, number 2016-06, Aug.
• Gary Gorton & Ping He, 2016, "Optimal Monetary Policy in a Collateralized Economy," NBER Working Papers, National Bureau of Economic Research, Inc, number 22599, Sep.
• Ambrogio Cesa-Bianchi & Gregory Thwaites & Alejandro Vicondoa, 2016, "Monetary policy transmission in an open economy: new data and evidence from the United Kingdom," Bank of England working papers, Bank of England, number 615, Sep.
• Kosten, Dmitri, 2015, "Bitcoin Mission Statement. Or What does it mean Sharing Economy and Distributed Trust?," MPRA Paper, University Library of Munich, Germany, number 73568, Nov.
• Philipp Heimberger & Jakob Kapeller, 2016, "The performativity of potential output: Pro-cyclicality and path dependency in coordinating European fiscal policies," Working Papers Series, Institute for New Economic Thinking, number 50, Aug, DOI: 10.2139/ssrn.2878005.
• Item repec:aeb:wpaper:201604 is not listed on IDEAS anymore

• Christian Dreger & Dieter Gerdesmeier & Barbara Roffia, 2016, "Re-vitalizing Money Demand in the Euro Area: Still Valid at the Zero Lower Bound," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1606.
• Kosten, Dmitri, 2016, "Манифест Биткойна Или Крипто-Социализм Как Следующая Фаза Социально-Экономического Развития
  [Bitcoin Manifesto Or Crypto-Socialism as next phase of Socio-Economic Relations]," MPRA Paper, University Library of Munich, Germany, number 73601, Sep.
• Stephen Burgess & Oliver Burrows & Antoine Godin & Stephen Kinsella & Stephen Millard, 2016, "A dynamic model of financial balances for the United Kingdom," Bank of England working papers, Bank of England, number 614, Sep.
• Mihály Tamás Borsi, 2016, "Fiscal multipliers across the credit cycle," Working Papers, Banco de España, number 1618, Sep.
• Lee, Seungduck, 2016, "Money, Asset Prices and the Liquidity Premium," MPRA Paper, University Library of Munich, Germany, number 73707, Aug.
• Carlos Garriga & Finn E. Kydland & Roman Šustek, 2016, "Nominal Rigidities in Debt and Product Markets," NBER Working Papers, National Bureau of Economic Research, Inc, number 22613, Sep.
• Gregor Bäurle & Rolf Scheufele, 2016, "Credit cycles and real activity - the Swiss case," Working Papers, Swiss National Bank, number 2016-13.
• Item repec:spo:wpecon:info:hdl:2441/713kqq1pgu80lr8fn0lsuuh8lf is not listed on IDEAS anymore

• Patrick Kehoe & Elena Pastorino & Virgiliu Midrigan, 2016, "Debt Constraints and Employment," NBER Working Papers, National Bureau of Economic Research, Inc, number 22614, Sep.
• Margaux MacDonald & Michal Ksawery Popiel, 2016, "Unconventional Monetary Policy In A Small Open Economy," Working Paper, Economics Department, Queen's University, number 1367, Sep.
• Gründler, Klaus & Sauerhammer, Sarah, 2016, "Do expectations matter? Reassessing the effect of government spending on key macroeconomic variables in Germany," Discussion Paper Series, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy, number 134.
• Marco Di Maggio & Amir Kermani, 2016, "The Importance of Unemployment Insurance as an Automatic Stabilizer," NBER Working Papers, National Bureau of Economic Research, Inc, number 22625, Sep.
• Inês Pereira, 2016, "Is the ECB unconventional monetary policy effective?," GEE Papers, Gabinete de Estratégia e Estudos, Ministério da Economia, number 0061, Sep, revised Sep 2016.
• Prayudhi Azwar & Rod Tyers, 2016, "Post-GFC External Shocks and Indonesian Economic Performance," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2016-58, Sep.
• Wenxin Du & Carolin E. Pflueger & Jesse Schreger, 2016, "Sovereign Debt Portfolios, Bond Risks, and the Credibility of Monetary Policy," NBER Working Papers, National Bureau of Economic Research, Inc, number 22592, Sep.
• Alessandro Notarpietro & Lisa Rodano, 2016, "The evolution of bad debts in Italy during the global financial crisis and the sovereign debt crisis: a counterfactual analysis," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 350, Sep.
• Daniel Baksa & Zsuzsa Munkacsi, 2016, "Aging, (Pension) Reforms and the Shadow Economy in Southern Europe," Bank of Lithuania Working Paper Series, Bank of Lithuania, number 32, Aug.
• Item repec:aeb:wpaper:201603 is not listed on IDEAS anymore

• Pischke, Jörn-Steffen, 2016, "Wage flexibility and employment fluctuations: evidencefrom the housing sector," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 67675, Jul.
• Liang Wang, 2016, "Endogenous Search, Price Dispersion, and Welfare," Working Papers, University of Hawaii at Manoa, Department of Economics, number 201616, Sep.
• Kumawat, Lokendra & Bhanumurthy, N. R., 2016, "Regime Shifts in India's Monetary Policy Response Function," Working Papers, National Institute of Public Finance and Policy, number 16/177, Sep.
• Alberto Caruso, 2016, "The Impact of Macroeconomic News on the Euro-Dollar Exchange Rate," Working Papers ECARES, ULB -- Universite Libre de Bruxelles, number ECARES 2016-32, Sep.
• Daniel Baksa & Zsuzsa Munkacsi, 2016, "A Detailed Description of OGRE, the OLG Model," Bank of Lithuania Working Paper Series, Bank of Lithuania, number 31, Aug.
• Sylvain Leduc & Kevin Moran & Robert J. Vigfusson, 2016, "Learning in the Oil Futures Markets: Evidence and Macroeconomic Implications," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1179, Sep, DOI: 10.17016/IFDP.2016.1179.
• Item repec:imf:imfscr:16/287 is not listed on IDEAS anymore

• Vellekoop, Nathanaël, 2016, "The impact of long-run macroeconomic experiences on personality," SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE, number 142, DOI: 10.2139/ssrn.2835432.
• Mawuli Segnon & Rangan Gupta & Stelios Bekiros & Mark E. Wohar, 2016, "Forecasting US GNP Growth: The Role of Uncertainty," Working Papers, University of Pretoria, Department of Economics, number 201667, Sep.
• Roger Farmer & Pawel Zabczyk, 2016, "The theory of unconventional monetary policy," Bank of England working papers, Bank of England, number 613, Sep.
• Redding, Stephen J. & Weinstein, David E., 2016, "A unified approach to estimating demand and welfare," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 67681, Aug.
• Pandey, Radhika & Patnaik, Ila & Shah, Ajay, 2016, "Dating Business Cycles in India," Working Papers, National Institute of Public Finance and Policy, number 16/175, Sep.
• Kathryn Holston & Thomas Laubach & John C. Williams, 2016, "Measuring the Natural Rate of Interest : International Trends and Determinants," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-073, Aug, DOI: 10.17016/FEDS.2016.073.
• Bernard, Andrew B. & Okubo, Toshihiro, 2016, "Product switching and the business cycle," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 67660, Sep.
• Alessio Ciarlone & Andrea Colabella, 2016, "Spillovers of the ECB's non-standard monetary policy into CESEE economies," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 351, Sep.
• Jess Benhabib & Mark M. Spiegel, 2016, "Sentiments and Economic Activity: Evidence from U.S. States," Working Paper Series, Federal Reserve Bank of San Francisco, number 2016-19, May, DOI: 10.24148/wp2016-19.
• Silvio Schumacher, 2016, "Networks and lending conditions: Empirical evidence from the Swiss franc money markets," Working Papers, Swiss National Bank, number 2016-12.
• Antonio Mele & Radoslaw Stefanski, 2016, "Velocity in the Long Run: Money and Structural Transformation," School of Economics Discussion Papers, School of Economics, University of Surrey, number 1116, Jul.
• J. Sebastián Amador-Torres, 2016, "Finance neutral potential output: an evaluation on an emerging market monetary policy context," Borradores de Economia, Banco de la Republica de Colombia, number 958, Sep, DOI: 10.32468/be.958.
• Ncube, Prince & Cheteni, Priviledge, 2015, "The Impact of the BRICS alliance on South Africa economic growth - a VECM approach," MPRA Paper, University Library of Munich, Germany, number 73488, revised 2015.
• Koffi Elitcha & Raquel Fonseca, 2016, "Self-Employment, Wealth and Start-up Costs: Evidence from a Financial Crisis," CIRANO Working Papers, CIRANO, number 2016s-51, Sep.
• Arlene Wong, 2016, "Population aging and the transmission of monetary policy to consumption," 2016 Meeting Papers, Society for Economic Dynamics, number 716.
• Adolfo Meisel-Roca., 2015, "Antecedentes del Banco de la República, 1904 -1922," Cuadernos de Historia Económica, Banco de la Republica de Colombia, number 37, Dec, DOI: 10.32468/chee.37.
• Liping Gao & Hyeongwoo Kim, 2016, "Testing the Predictability of Consumption Growth: Evidence from China," Auburn Economics Working Paper Series, Department of Economics, Auburn University, number auwp2016-09, Sep.
• Martin M. Andreasen & Tom Engsted & Stig V. Møller & Magnus Sander, 2016, "Bond Market Asymmetries across Recessions and Expansions: New Evidence on Risk Premia," CREATES Research Papers, Department of Economics and Business Economics, Aarhus University, number 2016-26, Aug.
• Povilas Lastauskas & Julius Stakenas, 2016, "Labour Market Institutions in Open Economy," Bank of Lithuania Working Paper Series, Bank of Lithuania, number 33, Sep.
• Clemens Jobst & Stefano Ugolini, 2016, "The Coevolution of Money Markets and Monetary Policy, 1815–2008," Post-Print, HAL, number hal-01357712, Jun, DOI: 10.1017/CBO9781316570401.005.
• Moradi, Alireza, 2016, "Modeling Business Cycle Fluctuations through Markov Switching VAR:An Application to Iran," MPRA Paper, University Library of Munich, Germany, number 73608, Sep.
• David Laidler, 2016, "Economic Ideas, the Monetary Order and the Uneasy Case for Policy Rules," University of Western Ontario, Departmental Research Report Series, University of Western Ontario, Department of Economics, number 20164.
• Eleonora Cavallaro & Bernardo Maggi, 2016, "State of confidence, overborrowing and the macroeconomic stabilization puzzle: a system dynamic approach," Working Papers in Public Economics, Department of Economics and Law, Sapienza University of Rome, number 174, Jul.
• Julien Bengui & Javier Bianchi & Louphou Coulibaly, 2016, "Financial Safety Nets," NBER Working Papers, National Bureau of Economic Research, Inc, number 22594, Sep.
• Lucas Herrenbrueck, 2016, "Quantitative Easing and the Liquidity Channel of Monetary Policy," 2016 Meeting Papers, Society for Economic Dynamics, number 767.
• Miles Kimball & Christopher House & Christoph Boehm & Robert Barsky, 2016, "Monetary Policy and Durable Goods," 2016 Meeting Papers, Society for Economic Dynamics, number 745.
• Jorge Armando Rodríguez & Javier �vila Mahecha, 2016, "La carga tributaria sobre los ingresos laborales y de capital en Colombia: el caso del impuesto sobre la renta y el IVA," Documentos de Trabajo, Escuela de Economía, Universidad Nacional de Colombia, FCE, CID, number 15052, Sep.
• Georgescu, George, 2016, "The Gross Domestic Product. History, relevance and limitations in its interpretation," MPRA Paper, University Library of Munich, Germany, number 73644, Sep.
• R. S.J. Koijen & François Koulischer & Benoit Nguyen & M. Yogo, 2016, "Quantitative Easing in the Euro Area: The Dynamics of Risk Exposures and the Impact on Asset Prices," Working papers, Banque de France, number 601.
• Atsumasa Kondo, 2016, "Interconnection of Fiscal Policies on Sustainability of Public Debt," Discussion Papers CRR Discussion Paper Series A: General, Shiga University, Faculty of Economics,Center for Risk Research, number 20, Sep.
• Ziesemer, Thomas, 2016, "Gini coefficients of education for 146 countries, 1950-2010," MERIT Working Papers, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT), number 2016-044, Aug.
• Kronick, Jeremy, 2015, "Do Loan-to-Value Ratio Regulation Changes Affect Canadian Mortgage Credit?," MPRA Paper, University Library of Munich, Germany, number 73671, Apr.
• Thomas Carver & Arthur Grimes, 2016, "Income or Consumption: Which Better Predicts Subjective Wellbeing?," Motu Working Papers, Motu Economic and Public Policy Research, number 16_12, Sep.
• Frank N. Caliendo & Maria Casanova & Aspen Gorry & Sita Slavov, 2016, "The Welfare Cost of Retirement Uncertainty," NBER Working Papers, National Bureau of Economic Research, Inc, number 22609, Sep.
• Eric Dubois, 2016, "Political Business Cycles 40 Years after Nordhaus," Post-Print, HAL, number hal-01291401, Feb, DOI: 10.1007/s11127-016-0313-z.
• Philipp Adämmer & T. Philipp Dybowski, 2016, "Committing to Fiscal Policy: The Influence of the U.S. President on Consumer Confidence and Output," CQE Working Papers, Center for Quantitative Economics (CQE), University of Muenster, number 5216, Aug.
• Gilbert Cette & Jimmy Lopez & Jacques Mairesse, 2016, "Labour Market Regulations and Capital Intensity," NBER Working Papers, National Bureau of Economic Research, Inc, number 22603, Sep.
• Diana Lima & Ioannis Lazopoulos & Vasco Gabriel, 2016, "The Effect of Financial Regulation Mandate on Inflation Bias: A Dynamic Panel Approach," School of Economics Discussion Papers, School of Economics, University of Surrey, number 0616, May.
• Francis X. Diebold & Frank Schorfheide & Minchul Shin, 2016, "Real-Time Forecast Evaluation of DSGE Models with Stochastic Volatility," NBER Working Papers, National Bureau of Economic Research, Inc, number 22615, Sep.
• Charles Nolan & Plutarchos Sakellaris & John D. Tsoukalas, 2016, "Optimal Bailout of Systemic Banks," Working Papers, Business School - Economics, University of Glasgow, number 2016_17, Jun.
• SEKINE Atsushi & TSURUGA Takayuki, 2016, "Effects of Commodity Price Shocks on Inflation: A Cross-Country Analysis," ESRI Discussion paper series, Economic and Social Research Institute (ESRI), number 331, Jul.
• Pierlauro Lopez, 2016, "Welfare Implications of the Term Structure of Returns: Should Central Banks Fill Gaps or Remove Volatility?," 2016 Meeting Papers, Society for Economic Dynamics, number 742.
• Dudley Cooke & Tatiana Damjanovic, 2016, "Optimal Fiscal Policy in a Model of Firm Entry and Financial Frictions," CEMAP Working Papers, Durham University Business School, number 2016_02, Jun.
• Gary Gorton & Tyler Muir, 2016, "Mobile Collateral versus Immobile Collateral," NBER Working Papers, National Bureau of Economic Research, Inc, number 22619, Sep.
• John G. Fernald, 2016, "Reassessing Longer-Run U.S. Growth: How Low?," Working Paper Series, Federal Reserve Bank of San Francisco, number 2016-18, Aug, DOI: 10.24148/wp2016-18.
• Hans Gersbach & Volker Britz & Hans Haller, 2016, "Deposit Insurance in General Equilibrium," CER-ETH Economics working paper series, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich, number 16/258, Sep.
• Stohr, Christian, 2016, "Trading gains: new estimates of swiss gdp, 1851 to 2008," Working Papers, University of Geneva, Paul Bairoch Institute of Economic History, number unige:86942.
• Item repec:imf:imfscr:16/292 is not listed on IDEAS anymore

• M. Mogliani & Thomas Ferrière, 2016, "Rationality of announcements, business cycle asymmetry, and predictability of revisions. The case of French GDP," Working papers, Banque de France, number 600.
• Serguei Maliar & John Taylor & Lilia Maliar, 2016, "The Impact of Alternative Transitions to Normalized Monetary Policy," 2016 Meeting Papers, Society for Economic Dynamics, number 794.
• Michael Bordo & Arunima Sinha, 2016, "A Lesson from the Great Depression that the Fed Might have Learned: A Comparison of the 1932 Open Market Purchases with Quantitative Easing," NBER Working Papers, National Bureau of Economic Research, Inc, number 22581, Aug.
• Jean-Christophe Poutineau & Gauthier Vermandel, 2017, "A Welfare Analysis of Macroprudential Policy Rules in the Euro Area," Post-Print, HAL, number halshs-01315085, DOI: 10.3917/redp.272.0191.
• Guido Menzio & Mikhail Golosov, 2016, "Agency Business Cycles," 2016 Meeting Papers, Society for Economic Dynamics, number 740.
• Item repec:imf:imfscr:16/291 is not listed on IDEAS anymore

• J. Stephen Ferris & Bharatee B. Dash, 2016, "Expenditure Visibility and Voter Memory: A Compositional Approach to the Political Budget Cycle in Indian States, 1959 – 2012," Carleton Economic Papers, Carleton University, Department of Economics, number 16-14, Sep.
• Aloisio Araujo & Juan Pablo Gama-Torres & Rodrigo Novinski & Mario Pascoa, 2016, "On the Efficiency of Monetary Equilibrium when Agents are Wary," School of Economics Discussion Papers, School of Economics, University of Surrey, number 0416, Mar.
• Yi Huang & Marco Pagano & Ugo Panizza, 2016, "Public Debt and Private Firm Funding: Evidence from Chinese Cities," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 10-2016, Jul, revised Aug 2016.
• Georg Erber & Ulrich Fritsche & Patrick Harms, 2016, "Labor Productivity Slowdown in the Developed Economies. Another Productivity Puzzle?," Macroeconomics and Finance Series, University of Hamburg, Department of Socioeconomics, number 201604, Sep.
• Pierre-Olivier Gourinchas & Hélène Rey, 2016, "Real Interest Rates, Imbalances and the Curse of Regional Safe Asset Providers at the Zero Lower Bound," NBER Working Papers, National Bureau of Economic Research, Inc, number 22618, Sep.
• Guido BUlligan & Eliana Viviano, 2016, "Has the wage Phillips curve changed in the euro area?," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 355, Sep.
• Parantap Basu & Shesadri Banerjee, 2015, "Role of IST and TFP Shocks in Business Cycle Fluctuations: The Case of India," CEMAP Working Papers, Durham University Business School, number 2015_04, Apr.
• Lucas Marc Fuhrer & Benjamin Müller & Luzian Steiner, 2016, "The Liquidity Coverage Ratio and Security Prices," Working Papers, Swiss National Bank, number 2016-11.
• Maurizio MOTOLESE & Hiroyuki NAKATA, 2016, "Endogenous Fluctuations and Social Welfare under Credit Constraints and Heterogeneous Beliefs," Discussion papers, Research Institute of Economy, Trade and Industry (RIETI), number 16082, Aug.
• John C. Williams, 2016, "Whither Inflation Targeting? Speech to the Hayek Group, Reno, Nevada, September 6, 2016," Speech, Federal Reserve Bank of San Francisco, number 169, Sep.
• Item repec:isu:genstf:3545 is not listed on IDEAS anymore

• Vitor Castro, 2016, "On the behaviour of the functional components ofgovernment expenditures during fiscal consolidations," NIPE Working Papers, NIPE - Universidade do Minho, number 11/2016.
• Chu, Angus C. & Cozzi, Guido & Pan, Shiyuan & Zhang, Mengbo, 2016, "Do Stronger Patents Stimulate or Stifle Innovation? The Crucial Role of Financial Development," MPRA Paper, University Library of Munich, Germany, number 73630, Sep.
• Tatiana Damjanovic & Vladislav Damjanovic & Charles Nolan, 2016, "Risk Management and the Money Multiplier," CEMAP Working Papers, Durham University Business School, number 2016_03, Jun.
• Huixia Wang & Chenggang Wang & Timothy Halliday, 2016, "Money and Credit: Health and Health Inequality during the Great Recession: Evidence from the PSID," Working Papers, University of Hawaii at Manoa, Department of Economics, number 201615, Sep.
• Raheem, Aremu Idowu & Ayodeji, Musa Adebiyi, 2016, "Analysis of the relationship between Oil price, Exchange rate and Stock market in Nigeria," MPRA Paper, University Library of Munich, Germany, number 73549, Sep.
• Schwärzler, Marion Cornelia & Kronenberg, Tobias, 2016, "Methodology of the National Health Account for Germany - Database, compilation and results," MPRA Paper, University Library of Munich, Germany, number 73561, Sep.
• Daniele Tavani & Luca Zamparelli, 2016, "Distributive Conflict, Growth, and the ‘Entrepreneurial State’," Working Papers, Sapienza University of Rome, DISS, number 6/16, Sep.

Report NEP-MAC-2016-09-18

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: