Report NEP-MAC-2017-02-12

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:

• Taylor, Alan M. & Schularick, Moritz & Jordà , Ã’scar, 2017, "The effects of quasi-random monetary experiments," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11801, Jan.
• Gauti B. Eggertsson & Neil R. Mehrotra & Jacob A. Robbins, 2017, "A Model of Secular Stagnation: Theory and Quantitative Evaluation," NBER Working Papers, National Bureau of Economic Research, Inc, number 23093, Jan.
• Bilbiie, Florin & Ragot, Xavier, 2017, "Optimal Monetary Policy and Liquidity with Heterogeneous Households," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11814, Jan.
• Jang-Ting Guo & Juin-Jen Chang & Jhy-Yuan Shieh & Wei-Neng Wang, 2017, "Sectoral Composition of Government Spending, Distortionary Income Taxation, and Macroeconomic (In)stabilit," Working Papers, University of California at Riverside, Department of Economics, number 201702, Feb.
• Balázs Égert & Peter Gal, 2017, "The quantification of structural reforms in OECD countries: A new framework," OECD Economics Department Working Papers, OECD Publishing, number 1354, Feb, DOI: 10.1787/2d887027-en.
• Dany, Geraldine, 2016, "The credit channel during times of financial stress: A time varying VAR analysis," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145899.
• Henrik Hasseltoft & Dominic Burkhardt, 2012, "Understanding Asset Correlations," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 12-38, Dec.
• Item repec:zbw:vfsc16:145804 is not listed on IDEAS anymore

• Ambrogio Cesa-Bianchi & Fernando Eguren-Martin & Gregory Thwaites, 2017, "Foreign booms, domestic busts: the global dimension of banking crises," Bank of England working papers, Bank of England, number 644, Feb.
• Francisco J. Buera & Juan Pablo Nicolini, 2017, "Liquidity Traps and Monetary Policy: Managing a Credit Crunch: Online Appendix," Staff Report, Federal Reserve Bank of Minneapolis, number 541, Feb.
• Dennis Wesselbaum & Marc-Andre Luik, 2016, "Did the FED REact to Asset Price Bubbles?," Working Papers, University of Otago, Department of Economics, number 1602, Feb, revised Feb 2016.
• Cristiano Cantore & Paul Levine & Giovanni Melina & Joseph Pearlman, 2017, "Optimal Fiscal and Monetary Policy, Debt Crisis and Management," School of Economics Discussion Papers, School of Economics, University of Surrey, number 0217, Feb.
• Francisco J. Buera & Juan Pablo Nicolini, 2017, "Liquidity Traps and Monetary Policy: Managing a Credit Crunch," Staff Report, Federal Reserve Bank of Minneapolis, number 540, Feb.
• Ambrogio Cesa-Bianchi & Fernando Eguren Martin & Gregory Thwaites, 2017, "Foreign Booms, Domestic Busts: The Global Dimension of Banking Crises," Discussion Papers, Centre for Macroeconomics (CFM), number 1708, Jan.
• Martínez-Ruiz, Elena & Nogues-Marco, Pilar, 2017, "The political economy of exchange rate stability during the gold standard. The case of Spain, 1874-1914," Working Papers, University of Geneva, Paul Bairoch Institute of Economic History, number unige:91510.
• Semyon Malamud & Andreas Schrimpf, 2016, "Intermediation Markups and Monetary Policy Passthrough," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 16-75, Dec.
• Moussir, Charaf Eddine, 2017, "Effets sectoriels de la politique monétaire et activité économique: cas du Maroc
  [Sectoral Effects of Monetary Policy on Economic Activity: Case of Morocco]," MPRA Paper, University Library of Munich, Germany, number 76488, Apr.
• Giovanni Pellegrino, 2017, "Uncertainty and Monetary Policy in the US: A Journey into Non-Linear Territory," Melbourne Institute Working Paper Series, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne, number wp2017n06, Feb.
• Esteban Ramon Perez Caldentey, 2017, "Quantitative easing, changes in global liquidity and financial instability," Working Papers, Post Keynesian Economics Society (PKES), number PKWP1701, Feb.
• Dhritidyuti Bose & Renee Philip & Richard Sullivan, 2016, "Returning to Surplus: New Zealand's Post-GFC Fiscal Consolidation Experience," Treasury Working Paper Series, New Zealand Treasury, number 16/05, Dec.
• Azad, Rohit, 2016, "Plurality in Teaching Macroeconomics," MPRA Paper, University Library of Munich, Germany, number 76340, Oct.
• Malgorzata Olszak & Iwona Kowalska & Sylwia Roszkowska, 2016, "Macroprudential policy instruments and procyclicality of loan-loss provisions – cross-country evidence," Faculty of Management Working Paper Series, University of Warsaw, Faculty of Management, number 42016, Dec.
• Dennis Wesselbaum, 2016, "Jobless Recoveries: The Interaction between Financial and Search Frictions," Working Papers, University of Otago, Department of Economics, number 1603, Feb, revised Feb 2016.
• António Rua & Pedro Portugal, 2017, "Zooming the Ins and Outs of the U.S. Unemployment," Working Papers, Banco de Portugal, Economics and Research Department, number w201703.
• Fuest, Angela & Schmidt, Torsten, 2017, "Inflation expectation uncertainty, inflation and the output gap," Ruhr Economic Papers, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen, number 673, DOI: 10.4419/86788780.
• Mehmet Fatih Ulu & Sebnem Kalemli-Özcan & Yusuf Soner Baskaya & Julian di Giovanni, 2017, "International Spillovers and Local Credit Cycles," Working Papers, Barcelona School of Economics, number 953, Feb.
• Pierre LESUISSE, 2017, "External Monetary Shocks to Central and Eastern European Countries," Working Papers, CERDI, number 201705, Feb.
• Stefan Behrendt, 2017, "Low Long-Term Interest Rates - An alternative View," Jena Economics Research Papers, Friedrich-Schiller-University Jena, number 2017-001, Feb.
• Grechyna, Daryna, 2017, "Public Policy Against Political Frictions," MPRA Paper, University Library of Munich, Germany, number 76396, Jan.
• Dennis Wesselbaum, 2016, "Cheap Talk in a New Keynesian Model," Working Papers, University of Otago, Department of Economics, number 1604, Feb, revised Feb 2016.
• Serife Genc Ileri & Gonul Sengul, 2017, "Rise of Services and Female Employment: Strength of the Relationship," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 1702.
• Megersa, kelbesa & Cassimon, Danny, 2016, "Debt Sustainability and direction of trade: What does Africa’s shifting engagement with BRIC and OECD tells us?," MPRA Paper, University Library of Munich, Germany, number 76581, May.
• Tamás Berki & Tibor Szendrei, 2017, "The cyclical position of housing prices – a VECM approach for Hungary," MNB Occasional Papers, Magyar Nemzeti Bank (Central Bank of Hungary), number 2017/126.
• David Kiefer, 2016, "Policy effectiveness is limited by a flat Phillips curve, stabilization as practiced in Europe and the US," Working Paper Series, Department of Economics, University of Utah, University of Utah, Department of Economics, number 2016_03.
• Victor Echevarria Icaza & Simón Sosvilla-Rivero, 2017, "Yields on sovereign debt, fragmentation and monetary policy transmission in the euro area: A GVAR approach," Working Papers, Asociación Española de Economía y Finanzas Internacionales, number 17-01, Jan.
• Lopez, Claude & Saeidinezhad, Elham, 2017, "US Financial Deregulation: Repeal or Adjust?," MPRA Paper, University Library of Munich, Germany, number 76625.
• Ho, Sin-Yu, 2017, "The Macroeconomic Determinants of Stock Market Development: Evidence from South Africa," MPRA Paper, University Library of Munich, Germany, number 76493, Jan.
• Ariane TICHIT & Pascal LAFOURCADE & Vincent MAZENOD, 2017, "Les monnaies virtuelles décentralisées sont-elles des outils d’avenir ?," Working Papers, CERDI, number 201704, Feb.
• Wensheng Kang & Ronald A. Ratti & Joaquin Vespignani, 2017, "The Impact of Global Uncertainty on the Global Economy, and Large Developed and Developing Economies," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2017-09, Jan.
• Nilsen, Øivind A. & Vange, Magne, 2016, "Intermittent Price Changes in Production Plants: Empirical Evidence using Monthly Data," Discussion Paper Series in Economics, Norwegian School of Economics, Department of Economics, number 22/2016, Dec.
• Santanu Chatterjee & Olaf Posch & Dennis Wesselbaum, 2017, "Delays in Public Goods," Working Papers, University of Otago, Department of Economics, number 1702, Feb, revised Feb 2017.
• Ines Chaieb & Vihang R. Errunza & Rajna Gibson, 2016, "How Does Sovereign Bond Market Integration Relate to Fundamentals and CDS Spreads?," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 16-52, Jul.
• Gonzalo, Jesús & Taamouti, Abderrahim, 2017, "The Reaction of Stock Market Returns to Unemployment," UC3M Working papers. Economics, Universidad Carlos III de Madrid. Departamento de Economía, number 24120, Jan.
• F. Della Marra, 2017, "A forecasting performance comparison of dynamic factor models based on static and dynamic methods," Economics Department Working Papers, Department of Economics, Parma University (Italy), number 2017-ME01.
• Eleni Dalla, 2017, "On the effect of Cournot and Stackelberg competition in the banking sector on the investment cycle," Discussion Paper Series, Department of Economics, University of Macedonia, number 2017_02, Dec, revised Dec 2017.
• Dorn, David & Autor, David & Katz, Lawrence & Patterson, Christina & Van Reenen, John, 2017, "Concentrating on the Fall of the Labor Share," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11810, Jan.
• Benjamin Faber & Thibault Fally, 2017, "Firm Heterogeneity in Consumption Baskets: Evidence from Home and Store Scanner Data," NBER Working Papers, National Bureau of Economic Research, Inc, number 23101, Jan.
• Mehmet Fatih Ulu & Sebnem Kalemli-Özcan & Yusuf Soner Baskaya & José-Luis Peydró & Julian di Giovanni, 2017, "Capital Flows and the International Credit Channel," Working Papers, Barcelona School of Economics, number 952, Feb.
• Pei, Yun & Xie, Zoe, 2016, "Government Commitment and Unemployment Insurance Over the Business Cycle," MPRA Paper, University Library of Munich, Germany, number 76563, Nov.
• Farmer, Roger, 2017, "Post Keynesian Dynamic Stochastic General Equilibrium Theory," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11807, Jan.
• Doppelhofer, Gernot & Hansen, Ole-Petter Moe & Weeks, Melvyn, 2016, "Determinants of long-term economic Growth redux: A Measurement Error Model Averaging (MEMA) approach," Discussion Paper Series in Economics, Norwegian School of Economics, Department of Economics, number 19/2016, Dec.
• Jeremy Greenwood & Nezih Guner & Guillaume Vandenbroucke, 2017, "Family Economics Writ Large," NBER Working Papers, National Bureau of Economic Research, Inc, number 23103, Jan.
• Gabriel Mathy & Daniel Kirwin, 2017, "How did forecasters respond to the American growth slowdown since the mid-2000s?," Working Papers, American University, Department of Economics, number 2017-02, DOI: 10.17606/e84t-0213.
• Cosmin Ilut & Matthias Kehrig & Martin Schneider, 2017, "Slow to Hire, Quick to Fire: Employment Dynamics with Asymmetric Responses to News," Working Papers, Center for Economic Studies, U.S. Census Bureau, number 17-15, Jan.
• Michelle, Gilmartin, 2016, "A note on the identification and transmission of energy demand and supply shocks," MPRA Paper, University Library of Munich, Germany, number 76186, Jan.
• Lopez, Claude & Saeidinezhad, Elham, 2016, "UK Financial Reforms: Bank of England 2.0," MPRA Paper, University Library of Munich, Germany, number 76624.
• Ozili, Peterson K, 2017, "Bank Loan Loss Provisions Research: A Review," MPRA Paper, University Library of Munich, Germany, number 76495, Jan.
• Neil R. Ericsson, 2017, "How Biased Are U.S. Government Forecasts of the Federal Debt?," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1189, Jan, DOI: 10.17016/IFDP.2017.1189.
• Rémi Bazillier & Jérôme Héricourt & Samuel Ligonnière, 2017, "Structure of Income Inequality and Household Leverage: Theory and Cross-Country Evidence," Working Papers, CEPII research center, number 2017-01, Feb.
• Musgrave, Ralph S., 2017, "Abolishing privately created money would increase GDP," MPRA Paper, University Library of Munich, Germany, number 76620, Feb.
• Dmitry Chervyakov & Philipp König, 2017, "The Natural Rate of Interest II: Empirical Overview," DIW Roundup: Politik im Fokus, DIW Berlin, German Institute for Economic Research, number 109.
• Arpaia, Alfonso & Cardoso, Pedro & Kiss, Aron & Van Herck, Kristine & Vandeplas, Anneleen, 2017, "Statutory Minimum Wages in the EU: Institutional Settings and Macroeconomic Implications," IZA Policy Papers, Institute of Labor Economics (IZA), number 124, Feb.
• Ameriks, John & Briggs, Joseph & Caplin, Andrew & Shapiro, Matthew D. & Tonetti, Christopher, 2016, "Late-in-Life Risks and the Under-Insurance Puzzle," Research Papers, Stanford University, Graduate School of Business, number 3485, Sep.
• Elisa Palagi & Mauro Napoletano & Andrea Roventini & Jean-Luc Gaffard, 2017, "Inequality, Redistributive Policies and Multiplier Dynamics in an Agent-Based Model with Credit Rationing," LEM Papers Series, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy, number 2017/05, Jun.
• Markus Leippold & Jacob Stromberg, 2012, "Time-Changed Lévy LIBOR Market Model: Pricing and Joint Estimation of the Cap Surface and Swaption Cube," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 12-23, May.
• Letterie, Wilko & Nilsen, Øivind A., 2016, "Price Changes - Stickiness and Internal Coordination in Multiproduct Firms," Discussion Paper Series in Economics, Norwegian School of Economics, Department of Economics, number 21/2016, Dec.
• Alfred Haug, 2016, "A New Test of Ricardian Equivalence Using the Narrative Record on Tax Changes," Working Papers, University of Otago, Department of Economics, number 1607, Jul, revised Jul 2016.
• González-Laxe, Fernando & Armesto-Pina, José Francisco & Lago-Peñas, Santiago & Sanchez-Fernandez, Patricio, 2016, "Cuentas económicas de Galicia: Tercer trimestre de 2016
  [Galicia's economic accounts: 2016 Third quarter]," MPRA Paper, University Library of Munich, Germany, number 76464, Dec.
• Philippon, Thomas & Camara, Boubacar & Pessarossi, Pierre, 2017, "Backtesting European Stress Tests," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11805, Jan.
• von Weizsäcker, Carl Christian, 2016, "Global-Soziale Marktwirtschaft und die Flüchtlingsfrage," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145912.
• Brunnermeier, Markus & James, Harold & Landau, Jean-Pierre, 2016, "The Euro and the Battle of Ideas," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145852.
• Cuéllar-Martín, Jaime & Martín-Román, Ángel L. & Moral, Alfonso, 2017, "Natural and cyclical unemployment: a stochastic frontier decomposition and economic policy implications," MPRA Paper, University Library of Munich, Germany, number 76503, Feb.
• Franziska Bremus & Thomas Krause & Felix Noth, 2017, "Bank-Specific Shocks and House Price Growth in the U.S," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1636.
• Daniele Girardi, 2017, "Old and new formulations of the neoclassical theory of aggregate investment : a critical review," UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics, number 2017-03.
• Matthias Kehrig & Nicolas Vincent, 2017, "Do Firms Mitigate or Magnify Capital Misallocation? Evidence from Plant-Level Data," Working Papers, Center for Economic Studies, U.S. Census Bureau, number 17-14, Jan.
• Guido Baldi & Patrick Harms, 2017, "The Natural Rate of Interest and Secular Stagnation," DIW Roundup: Politik im Fokus, DIW Berlin, German Institute for Economic Research, number 110.
• Mary Everett & Vahagn Galstyan, 2017, "Cross-Border Banking and Macroeconomic Determinants," Trinity Economics Papers, Trinity College Dublin, Department of Economics, number tep0317, Feb.
• Adelino, Manuel & Ferreira, Miguel & Cunha, Igor, 2017, "The Economic Effects of Public Financing: Evidence from Municipal Bond Ratings Recalibration," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11811, Jan.
• Diana Zigraiova & Petr Jakubik, 2017, "Updating the Long Term Rate in Time: A Possible Approach," Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, number 2017/03, Mar, revised Mar 2017.
• Donatella Baiardi & Paola Profeta & Riccardo Puglisi & Simona Scabrosetti, 2017, "Tax Policy and Economic Growth: Does It Really Matter?," Working papers, Società Italiana di Economia Pubblica, number 52, Jan.
• Yannick Malevergne & Didier Sornette, 2016, "Wealth and Income Inequalities ← → r > g," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 16-69, Nov.
• Malgorzata Olszak & Iwona Kowalska & Patrycja Chodnicka-Jaworska & Filip Switala, 2016, "Bank-Specific Determinants Of Sensitivity Of Loan-Loss Provisions To Business Cycle," Faculty of Management Working Paper Series, University of Warsaw, Faculty of Management, number 32016, Nov.
• Carlos E. Posada, 2017, "La Macroeconomía dinámica: un modelo numérico didáctico," Documentos de Trabajo de Valor Público, Universidad EAFIT, number 15297, Jan.
• Glenn P. Jenkins & Mikhail Miklyaev & Shahryar Afra & Majid Hashemi, 2017, "Prioritization of Public Investment Projects in Vietnam," Development Discussion Papers, JDI Executive Programs, number 2017-08, Aug.
• Wagner, Wolf & Uras, Burak, 2017, "Efficient Lemons," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11803, Jan.
• Antoine Bommier & Bruno Lanz, 2017, "Empirical Identification of Time Preferences: Theory and An Illustration Using Convex Time Budgets," IRENE Working Papers, IRENE Institute of Economic Research, number 17-02, Feb.
• Mikhail Miklyaev & Shahryar Afra & Majid Hashemi, 2017, "Cost-Benefit Analysis of Rwanda’s Poultry Value Chains," Development Discussion Papers, JDI Executive Programs, number 2017-05, May.
• Reint Gropp & Thomas C. Mosk & Steven Ongena & Carlo Wix, 2016, "Bank Response to Higher Capital Requirements: Evidence from a Quasi-Natural Experiment," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 16-70, Nov.
• Mikhail Miklyaev & Majid Hashemi & Melani Schultz, 2017, "Cost Benefit Analysis of Senegal’s Rice Value Chains," Development Discussion Papers, JDI Executive Programs, number 2017-04, Apr.
• Maxime MENUET & Alexandru MINEA & Patrick VILLIEU, 2017, "Public Debt, Endogenous Growth Cycles and Indeterminacy," LEO Working Papers / DR LEO, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans, number 2467.
• Mikhail Miklyaev & Majid Hashemi & Melani Schultz, 2017, "Cost-Benefit Analysis of Liberia’s Rice and Goat Value Chains," Development Discussion Papers, JDI Executive Programs, number 2017-01, Jan.
• Sandmo, Agnar, 2017, "Should the marginal tax rate be negative? Ragnar Frisch on the socially optimal amount of work," Discussion Paper Series in Economics, Norwegian School of Economics, Department of Economics, number 1/2017, Jan.
• Cullen S. Hendrix, 2017, "Kicking a Crude Habit: Diversifying Away from Oil and Gas in the 21st Century," Working Paper Series, Peterson Institute for International Economics, number WP17-2, Feb.

Report NEP-MAC-2017-02-12

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: