Report NEP-MAC-2017-03-12

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:

• Item repec:bof:bofitp:2017_003 is not listed on IDEAS anymore

• Ben Cheikh, Nidhaleddine & Rault, Christophe, 2017, "Investigating First-Stage Exchange Rate Pass-Through: Sectoral and Macro Evidence from Euro Area Countries," IZA Discussion Papers, IZA Network @ LISER, number 10555, Feb.
• Item repec:bof:bofitp:2017_004 is not listed on IDEAS anymore

• Glas, Alexander & Hartmann, Matthias, 2016, "Inflation uncertainty, disagreement and monetary policy: Evidence from the ECB Survey of Professional Forecasters," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145888.
• Ravn, Morten & Mertens, Karel & Fieldhouse, Andrew, 2017, "The Macroeconomic Effects of Government Asset Purchases: Evidence from Postwar US Housing Credit Policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11830, Feb.
• James Cloyne & Kilian Huber & Ethan Ilzetzki & Henrik Kleven, 2017, "The effect of house prices on household borrowing: a new approach," Bank of England working papers, Bank of England, number 650, Feb.
• Item repec:cyb:wpaper:2016-01 is not listed on IDEAS anymore

• Efraim Benmelech & Carola Frydman & Dimitris Papanikolaou, 2017, "Financial Frictions and Employment during the Great Depression," NBER Working Papers, National Bureau of Economic Research, Inc, number 23216, Mar.
• Michele Fratianni, 2017, "It is time to separate money banks from credit banks in Italy," Mo.Fi.R. Working Papers, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences, number 138, Feb.
• Orphanides, Athanasios, 2017, "Central Bank Policies and the Debt Trap," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11834, Feb.
• Jorg Bibow, 2017, "How Germany's Anti-Keynesianism Has Brought Europe to Its Knees," Economics Working Paper Archive, Levy Economics Institute, number wp_886, Mar.
• Thiem, Christopher, 2017, "Oil price uncertainty and the business cycle: Accounting for the influences of global supply and demand within a VAR GARCH-in-mean framework," Ruhr Economic Papers, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen, number 674, DOI: 10.4419/86788782.
• Jair N. Ojeda-Joya & Oscar E. Guzman, 2017, "The Size of Fiscal Multipliers and the Stance of Monetary Policy in Developing Economies," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 08-2017, Mar.
• Ellen R. McGrattan, 2017, "Intangible Capital and Measured Productivity," Staff Report, Federal Reserve Bank of Minneapolis, number 545, Mar.
• Salzmann, Leonard, 2016, "The G7 business cycle in a globalized world," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145633.
• Kaufmann, Sylvia & Gaggl, Paul, 2016, "The Cyclical Component of Labor Market Polarization and Jobless Recoveries in the US," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145869.
• Wilhelm, Matthias & Buchheim, Lukas & Watzinger, Martin, 2016, "Investment in Photovoltaics and Job Creation: Evidence from a Billion Dollar Program," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145551.
• Olga Gouveia & Enestor Dos Santos & Santiago Fernandez de Lis & Alejandro Neut & Javier Sebastian, 2017, "Central Bank Digital Currencies: assessing implementation possibilities and impacts," Working Papers, BBVA Bank, Economic Research Department, number 17/04, Mar.
• Item repec:dnb:dnbwpp:544 is not listed on IDEAS anymore

• Kose, M. Ayhan & Ohnsorge, Franziska & Lakatos, Csilla & Stocker, Marc, 2017, "The Global Role of the U.S. Economy: Linkages, Policies and Spillovers," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11836, Feb.
• Jérémie Cohen-Setton & Joshua K. Hausman & Johannes F. Wieland, 2017, "Supply-Side Policies in the Depression: Evidence from France," Working Paper Series, Peterson Institute for International Economics, number WP17-4, Mar.
• Tóth, Peter, 2017, "Nowcasting Slovak GDP by a Small Dynamic Factor Model," MPRA Paper, University Library of Munich, Germany, number 77245, Feb.
• Kalemli-Özcan, Sebnem & di Giovanni, Julian & Ulu, Mehmet Fatih & Baskaya, Yusuf Soner, 2017, "International Spillovers and Local Credit Cycles," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11839, Feb.
• Yusuf Soner Baskaya & Julian di Giovanni & Sebnem Kalemli-Özcan & Mehmet Fatih Ulu, 2017, "International spillovers and local credit cycles," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1559, Feb, revised Sep 2020.
• Shota Kai & Yoichi Matsubayashi, 2017, "Dynamic Impact of Credit Risk on the Real Economy in European Countries," Discussion Papers, Graduate School of Economics, Kobe University, number 1706, Mar.
• Bonga-Bonga, Lumengo & Simo-Kengne, Beatrice Desiree, 2017, "Inflation and output growth dynamics in South Africa: Evidence from the Markov switching vector auto-regression model," MPRA Paper, University Library of Munich, Germany, number 77286, Mar.
• Fabrizio Balassone & Sara Cecchetti & Martina Cecioni & Marika Cioffi & Wanda Cornacchia & Flavia Corneli & Gabriele Semeraro, 2016, "Economic governance in the euro area: balancing risk reduction and risk sharing," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 344, Jul.
• Winkler, Roland & Bredemeier, Christian, 2016, "The employment dynamics of different population groups over the business cycle," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145687.
• Luis J. Álvarez & Isabel Sánchez, 2017, "A suite of inflation forecasting models," Occasional Papers, Banco de España, number 1703, Feb.
• Ehrmann, Michael & Talmi, Jonathan, 2017, "Starting from a blank page? Semantic similarity in central bank communication and market volatility," Working Paper Series, European Central Bank, number 2023, Feb.
• Awijen, Haithem & Hammami, Sami, 2017, "Financial frictions and regime switching: The role of collateral asset in emerging stock market," Economics Discussion Papers, Kiel Institute for the World Economy, number 2017-6.
• Adeel Malik, 2016, "The Political Economy of Macroeconomic Policy in Arab Resource-Rich Economies," Working Papers, Economic Research Forum, number 1034, Aug, revised Aug 2016.
• Koeniger, Winfried & Fella, Giulio & Frache, Serafin, 2016, "Buffer-stock savings and households' wealth response to income shocks," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145507.
• Conrad, Christian & Loch, Karin, 2016, "Macroeconomic expectations and the time-varying stock-bond correlation: international evidence," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145530.
• De Grauwe, Paul & Ji, Yuemei, 2017, "Endogenous Asymmetric Shocks in the Eurozone. The Role of Animal Spirits," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11887, Mar.
• Jobst, Clemens & Bignon, Vincent, 2017, "Economic crises and the eligiblity for the lender of last resort: evidence from 19th century France," Working Paper Series, European Central Bank, number 2027, Feb.
• James B. Bullard, 2017, "The Role of the Fed’s Balance Sheet for the U.S. Monetary Policy Outlook in 2017 : a presentation at Spring 2017 GWU Alumni Lecture in Economics, George Washington University, Washington, D.C. February 28, 2017," Speech, Federal Reserve Bank of St. Louis, number 281, Feb.
• Ho, Sin-Yu, 2017, "The Macroeconomic Determinants of Stock Market Development: Evidence from Malaysia," MPRA Paper, University Library of Munich, Germany, number 77232, Feb.
• Pascal Seppecher & Isabelle Salle & Marc Lavoie, 2017, "What drives markups? Evolutionary pricing in an agent-based stock-flow consistent macroeconomic model," CEPN Working Papers, Centre d'Economie de l'Université de Paris Nord, number 2017-03, Jan.
• Eichler, Stefan & Lähner, Tom & Noth, Felix, 2016, "Regional Banking Instability and FOMC Voting," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145803.
• Tsoy, Lyubov & Heshmati, Almas, 2017, "Impact of Financial Crises on Dynamics of Capital Structure: Evidence from Korean Listed Companies," IZA Discussion Papers, IZA Network @ LISER, number 10554, Feb.
• Item repec:dnb:dnbwpp:545 is not listed on IDEAS anymore

• Beck, Thorsten & Poelhekke, Steven, 2017, "Follow the money: Does the financial sector intermediate natural resource windfalls?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11872, Feb.
• Legroux, Vincent & Rahmouni-Rousseau, Imène & Szczerbowicz, Urszula & Valla, Natacha, 2017, "Stabilising virtues of central banks: (re)matching bank liquidity," EIB Working Papers, European Investment Bank (EIB), number 2017/01.
• Nitsch, Volker, 2016, "Cutting the Credit Line: Evidence from Germany," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145753.
• Hernández Vega Marco A., 2017, "Portfolio Investment Response to U.S. Monetary Policy Announcements: An Event Study Analysis Using High Frequency Data from Mexico," Working Papers, Banco de México, number 2017-02, Feb.
• Seele, Stefanie & Burda, Michael, 2016, "No Role for the Hartz Reforms? Demand and Supply Factors in the German Labor Market, 1993-2014," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145650.
• Kose, M. Ayhan & Ohnsorge, Franziska & Ye, Lei (Sandy) & Islamaj, Ergys, 2017, "Weakness in Investment Growth: Causes, Implications and Policy Responses," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11886, Mar.
• Farhi, Emmanuel & Baqaee, David Rezza, 2017, "The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten's Theorem," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11845, Feb.
• M. Ayhan Kose & Franziska Ohnsorge & Lei Sandy Ye & Ergys Islamaj, 2017, "Weakness in Investment Growth: Causes, Implications and Policy Responses," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2017-19, Mar.
• Georg Graetz & Guy Michaels, 2017, "In brief... Is technology to blame for jobless recoveries?," CentrePiece - The magazine for economic performance, Centre for Economic Performance, LSE, number 496, Mar.
• Yusuf Soner Baskaya & Julian di Giovanni & Sebnem Kalemli-Özcan & José-Luis Peydró & Mehmet Fatih Ulu, 2017, "Capital flows and the international credit channel," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1557, Jan.
• Onyimadu, Chukwuemeka, 2016, "Macroeconomic Volatility and Economic Growth: Evidence from Selected African Countries," MPRA Paper, University Library of Munich, Germany, number 77200.
• Piketty, Thomas & Goupille-Lebret, Jonathan & Garbinti, Bertrand, 2017, "Accounting for Wealth Inequality Dynamics: Methods, Estimates and Simulations for France (1800-2014)," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11848, Feb.
• Farhi, Emmanuel & Gourinchas, Pierre-Olivier & Caballero, Ricardo, 2017, "Rents, Technical Change, and Risk Premia: Accounting for Secular Trends in Interest Rates, Returns to Capital, Earnings Yields," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11833, Feb.
• Uxó González, Jorge & Álvarez, Ignacio & Febrero, Eladio, 2017, "Fiscal space on the eurozone periphery: The case of Spain," IPE Working Papers, Berlin School of Economics and Law, Institute for International Political Economy (IPE), number 84/2017.
• Silvia Miranda-Agrippino & Giovanni Ricco, 2015, "The Transmission of Monetary Policy Shocks," Discussion Papers, Centre for Macroeconomics (CFM), number 1711, Sep, revised Feb 2017.
• Javier L. Arnaut, 2017, "Was Colonialism Fiscally Sustainable? An Empirical Examination of the Colonial Finances of Spanish America," Documentos de Trabajo (DT-AEHE), Asociación Española de Historia Económica, number 1703, Mar.
• Groneck, Max & Schön, Matthias & Wallenius, Johanna, 2016, "You Better Get Married! Marital Status and Intra-Generational Redistribution of Social Security," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145801.
• Miranda-Agrippino, Silvia & Ricco, Giovanni, 2017, "The Transmission of Monetary Policy Shocks," The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics, number 1136.
• Becker, Sebastian, 2016, "Selection into Short-Time Work and Labor Market Outcomes after the Great Recession - Empirical Evidence using German Micro-Level Data," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145889.
• Claessens, Stijn & Coleman, Nicholas & Donnelly, Michael, 2017, ""Low-For-Long†Interest Rates and Banks’ Interest Margins and Profitability: Cross-Country Evidence," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11842, Feb.
• Cubadda, Gianluca & Hecq, Alain & Telg, Sean, 2017, "Detecting Co-Movements in Noncausal Time Series," MPRA Paper, University Library of Munich, Germany, number 77254, Mar, revised 02 Mar 2017.
• Item repec:cyb:wpaper:2016-02 is not listed on IDEAS anymore

• Anastasios Demertzidis & Vahidin Jeleskovic, 2016, "Empirical Estimation of Intraday Yield Curves on the Italian Interbank Credit Market e-MID," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 201649.
• Scharnagl, Michael & Mandler, Martin & Volz, Ute, 2016, "Heterogeneity in euro area monetary policy transmission: results from a large multi-country BVAR model," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145847.
• Patrick J. Kehoe, 2017, "Fiscal Unions Redux," Discussion Papers, Centre for Macroeconomics (CFM), number 1712, Feb.
• Rebelo, Sérgio & Eichenbaum, Martin & Johannsen, Benjamin, 2017, "Monetary Policy and the Predictability of Nominal Exchange Rates," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11844, Feb.
• Jerome H. Powell, 2017, "The Economic Outlook and Monetary Policy : a speech at the Forecasters Club of New York Luncheon, New York, New York, February 22, 2017," Speech, Board of Governors of the Federal Reserve System (U.S.), number 937, Mar.
• Hasanujzaman, Muhammad, 2016, "The impact of export growth to stock market in a managed floating exchange rate regime: A VAR Analysis," MPRA Paper, University Library of Munich, Germany, number 77123, Oct, revised Oct 2016.
• Tomoyuki Nakajima & Shuhei Takahashi, 2017, "The Optimum Quantity of Debt for Japan," KIER Working Papers, Kyoto University, Institute of Economic Research, number 964, Feb.
• Claudio Borio & Leonardo Gambacorta, 2017, "Monetary policy and bank lending in a low interest rate environment: diminishing effectiveness?," BIS Working Papers, Bank for International Settlements, number 612, Feb.
• Albert Solé-Ollé & Elisabet Viladecans-Marsal, 2017, "Housing booms and busts and local fiscal policy," Working Papers, Institut d'Economia de Barcelona (IEB), number 2017/05.
• Mavee, Nasha & Bonga-Bonga, Lumengo, 2017, "The unbiased forward rate hypothesis before and after the inflation targeting regime in South Africa: A cointegration Analysis," MPRA Paper, University Library of Munich, Germany, number 77195, Jan.
• Littke, Helge C. N. & Eichler, Stefan & Tonzer, Lena, 2016, "Central Bank Transparency and Cross-Border Banking," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145598.
• Ngotran, Duong, 2016, "The E-Monetary Theory," MPRA Paper, University Library of Munich, Germany, number 77206, Oct, revised 25 Feb 2017.
• Buiter, Willem, 2017, "Exchange rate implications of Border Tax Adjustment Neutrality," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11885, Mar.
• Souhaïb Chamseddine Zardi, 2017, "Forecasting Inflation in a Macroeconomic Framework: An Application to Tunisia," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 07-2017, Mar.
• Stefano Bosi & Cuong Le Van & Ngoc-Sang Pham, 2015, "Intertemporal equilibrium with heterogeneous agents, endogenous dividends and collateral constraints," Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, number 15067r, Sep, revised Feb 2017.
• Scheuermeyer, Philipp & Bofinger, Peter, 2016, "Income Distribution and Household Saving: A Non-Monotonic Relationship," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145901.
• Farmer, Roger, 2017, "The End of Alchemy: A Review Essay," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11846, Feb.
• Haan, Peter & Haywood, Luke & Schneider, Ulrich, 2016, "Labor Supply of Mothers: The Role of Time Discounting," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145751.
• Paravisini, Daniel & Rappoport, Veronica & Ravina, Enrichetta, 2017, "Risk aversion and wealth: evidence from person-to-person lending portfolios," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 62137, Feb.
• Prante, Franz J., 2017, "Macroeconomic effects of personal and functional income inequality: Theory and empirical evidence for the US and Germany," IPE Working Papers, Berlin School of Economics and Law, Institute for International Political Economy (IPE), number 83/2017.
• Musoke, Zakia, 2017, "An empirical investigation on dollarization and currency devaluation: A case study of Tanzania," Economics Discussion Papers, Kiel Institute for the World Economy, number 2017-8.
• van den Berg, Gerard J. & Gerdtham, Ulf-G. & von Hinke, Stephanie & Lindeboom, Maarten & Lissdaniels, Johannes & Sundquist, Jan & Sundquist, Kristina, 2017, "Mortality and the Business Cycle: Evidence from Individual and Aggregated Data," Working Papers, Lund University, Department of Economics, number 2017:5, Mar.
• Keiichiro Kobayashi & Daichi Shirai, 2017, "Debt-Ridden Borrowers and Economic Slowdown," CIGS Working Paper Series, The Canon Institute for Global Studies, number 17-002E, Feb.
• U. Devrim Demirel, 2016, "The Short-Term Effects of Tax Changes—Evidence for State Dependence: Working Paper 2016-03," Working Papers, Congressional Budget Office, number 51824, Aug.
• Hany Abdel-Latif & Tapas Mishra, 2016, "Asymmetric Growth Impact of Social Policy: A Post-Shock Policy Scenario for Egypt," Working Papers, Economic Research Forum, number 1035, Aug, revised Aug 2016.
• Parker, Miles, 2017, "Global inflation: the role of food, housing and energy prices," Working Paper Series, European Central Bank, number 2024, Feb.
• Vetlov, Igor & Ferdinandusse, Marien & de Jong, Jasper & Funda, Josip, 2017, "The effect of public investment in Europe: a model-based assessment," Working Paper Series, European Central Bank, number 2021, Feb.
• Konstantinos Angelopoulos & Spyridon Lazarakis & James Malley, 2017, "Asymmetries in earnings, employment and wage risk in Great Britain," Working Papers, Business School - Economics, University of Glasgow, number 2017_02, Feb.
• Beyer, Robert, 2016, "The Labor Market Performance of Immigrants in Germany," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145799.
• Svensson, Lars E. O., 2017, "How robust is the result that the cost of "leaning against the wind" exceeds the benefit?," Working Paper Series, European Central Bank, number 2031, Feb.
• Cabello, Miguel & Lupú, José & Minaya, Elías, 2017, "Macroprudential Policies in Peru: The effects of Dynamics Provisioning and Conditional Reserve Requirements," Working Papers, Banco Central de Reserva del Perú, number 2017-002, Feb.
• Yuzo Honda & Hitoshi Inoue, 2017, "The Effectiveness of the Negative Interest Rate Policy in Japan: An Early Assessment," Discussion Papers in Economics and Business, Osaka University, Graduate School of Economics, number 17-02, Feb.
• Micheli, Martin, 2016, "Minimum wage: Redistributive or discriminatory policy?," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145830.
• Yakov Ben-Haim & Maria Demertzis & Jan Willem van den End, 2017, "Fundamental uncertainty and unconventional monetary policy- an info-gap approach," Bruegel Working Papers, Bruegel, number 19317, Feb.
• Effrosyni Adamopoulou & Emmanuele Bobbio & Marta De Philippis & Federico Giorgi, 2016, "Wage rigidities and business cycle fluctuations: A linked employer-employee analysis," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 338, Jul.

Report NEP-MAC-2017-03-12

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: