Report NEP-MAC-2017-04-09

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:

• Xing, Victor, 2016, "Higher Return for Savers and a Path toward Higher Investment," MPRA Paper, University Library of Munich, Germany, number 77806, Sep.
• Knut Are Aastveit & Francesco Furlanetto & Francesca Loria, 2017, "Has the Fed responded to house and stock prices? A time-varying analysis," Working Papers, Banco de España, number 1713, Apr.
• Jordan Roulleau-Pasdeloup, 2017, "The Government Spending Multiplier in a (Mis-)Managed Liquidity Trap," Cahiers de Recherches Economiques du Département d'économie, Université de Lausanne, Faculté des HEC, Département d’économie, number 17.04, Mar.
• Egorova, Yana, 2017, "Инвестирование Денежных Средств В Условиях Экономического Кризиса В 2017 Году," MPRA Paper, University Library of Munich, Germany, number 77648, Mar.
• Item repec:rza:wpaper:671 is not listed on IDEAS anymore

• Bobeva, Daniela & Atanasov, Atanas, 2016, "Macroeconomic Imbalances in euro- and non-euro area member states," MPRA Paper, University Library of Munich, Germany, number 77754, Mar.
• Matthias Neuenkirch & Matthias Nöckel, 2017, "The Risk-Taking Channel of Monetary Policy Transmission in the Euro Area," Research Papers in Economics, University of Trier, Department of Economics, number 2017-02.
• Rey, Hélène & ,, 2017, "Financial Cycles with Heterogeneous Intermediaries," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11907, Mar.
• Gunes Kamber & James Morley & Benjamin Wong, 2017, "Intuitive and Reliable Estimates of the Output Gap from a Beveridge-Nelson Filter," Discussion Papers, School of Economics, The University of New South Wales, number 2016-09A, Jan.
• Tesfaselassie, Mewael F. & Wolters, Maik H., 2017, "The impact of growth on unemployment in a low vs. a high inflation environment," Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics, number 2017-01.
• Paulo Vieira & Celsa Machado & Ana Paula Ribeiro, 2016, "Optimal Fiscal Simple Rules for Small and Large Countries of a Monetary Union," EcoMod2016, EcoMod, number 9685, Jul.
• Joel Wagner, 2017, "Anticipated Technology Shocks: A Re-Evaluation Using Cointegrated Technologies," Staff Working Papers, Bank of Canada, number 17-11, DOI: 10.34989/swp-2017-11.
• Acharya, Viral & Plantin, Guillaume, 2017, "Monetary easing and financial instability," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 70715, Jan.
• Anneke Kosse & Heng Chen & Marie-Hélène Felt & Valéry Dongmo Jiongo & Kerry Nield & Angelika Welte, 2017, "The Costs of Point-of-Sale Payments in Canada," Discussion Papers, Bank of Canada, number 17-4, DOI: 10.34989/sdp-2017-4.
• Xing, Victor, 2016, "Ultra-accommodative Monetary Policy and Unintentional Drags on Consumer Spending," MPRA Paper, University Library of Munich, Germany, number 77749, Apr.
• Marcin Kolasa & Michal Rubaszek, 2016, "Does foreign sector help forecast domestic variables in DSGE models?," EcoMod2016, EcoMod, number 9393, Jul.
• Bill Dupor & Jingchao Li & Rong Li, 2017, "Sticky Wages, Monetary Policy and Fiscal Policy Multipliers," Working Papers, Federal Reserve Bank of St. Louis, number 2017-7, Mar, DOI: 10.20955/wp.2017.007.
• Kang, Wensheng & Ratti, Ronald. A. & Vespignani, Joaquin, 2017, "Oil price shocks and policy uncertainty: New evidence on the effects of US and non-US oil production," Working Papers, University of Tasmania, Tasmanian School of Business and Economics, number 2017-02, Feb.
• Aleksander Berentsen & Christopher J. Waller, 2017, "Liquidity Premiums on Government Debt and the Fiscal Theory of the Price Level," Working Papers, Federal Reserve Bank of St. Louis, number 2017-8, Mar, DOI: 10.20955/wp.2017.008.
• Lise Pichette & Marie-Noëlle Robitaille, 2017, "Assessing the Business Outlook Survey Indicator Using Real-Time Data," Discussion Papers, Bank of Canada, number 17-5, DOI: 10.34989/sdp-2017-5.
• Homburg, Stefan, 2017, "Effects and Risks of Unconventional Monetary Policy," Hannover Economic Papers (HEP), Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät, number dp-590, Mar.
• Alban Moura, 2017, "Investment price rigidity and business cycles," BCL working papers, Central Bank of Luxembourg, number 105, Mar.
• Katerina Gawthorpe, 2016, "Impact Evaluation of Scenario with Local Currencies: DSGE Model," EcoMod2016, EcoMod, number 9755, Jul.
• Richard Dennis, 2017, "Durations at the Zero Lower Bound," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2017-25, Mar.
• Samuel Hanson & David O. Lucca & Jonathan H. Wright, 2017, "Rate-Amplifying Demand and the Excess Sensitivity of Long-Term Rates," Staff Reports, Federal Reserve Bank of New York, number 810, Mar.
• Claire-Océane Chevallier, 2017, "Empirical Investigation of the Effect of Bank Long Term Debt on Loans and Output in the Euro-zone," DEM Discussion Paper Series, Department of Economics at the University of Luxembourg, number 17-04.
• S. Demiralp & J. Eisenschmidt & T. Vlassopoulos, 2017, "Negative interest rates, excess liquidity and bank business models: Banks’ reaction to unconventional monetary policy in the euro area," Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum, number 1708, Mar.
• Miguel Angel Santos, 2015, "The Right Fit for the Wrong Reasons: Real Business Cycle in an Oil-Dependent Economy," CID Working Papers, Center for International Development at Harvard University, number 64, Sep.
• David-Jan Jansen & Matthias Neuenkirch, 2017, "News Consumption, Political Preferences, and Accurate Views on Inflation," Research Papers in Economics, University of Trier, Department of Economics, number 2017-03.
• Eo, Yunjong & Lie, Denny, 2017, "The Role of Inflation Target Adjustment in Stabilization Policy," Working Papers, University of Sydney, School of Economics, number 2017-06, May, revised Jun 2019.
• Tomislav Globan & Petar Sorić, 2017, "Financial integration before and after the crisis: Euler equations (re)visit European Union," EFZG Working Papers Series, Faculty of Economics and Business, University of Zagreb, number 1702, Apr.
• James B. Bullard, 2017, "Current Monetary Policy, the New Fiscal Policy and the Fed’s Balance Sheet : a presentation at Economic Club of Memphis, Memphis, Tenn., March 24, 2017," Speech, Federal Reserve Bank of St. Louis, number 282, Mar.
• Henrique S. Basso & James Costain, 2017, "Fiscal delegation in a monetary union: instrument assignment and stabilization properties," Working Papers, Banco de España, number 1710, Mar.
• Nelson H. Barbosa-Filho, 2017, "A Vertical Social Accounting Matrix of the U.S. Economy," SCEPA working paper series., Schwartz Center for Economic Policy Analysis (SCEPA), The New School, number 2017-03, Mar.
• Martin S. Feldstein, 2017, "Why is Growth better in the United States than in other Industrial Countries," NBER Working Papers, National Bureau of Economic Research, Inc, number 23221, Mar.
• Ettmeier, Stephanie & Kriwoluzky, Alexander, 2017, "Same, but different: Testing monetary policy shock measures," IWH Discussion Papers, Halle Institute for Economic Research (IWH), number 9/2017.
• Olovsson, Conny, 2016, "Oil prices in a real-businesscycle model with precautionary demand for oil," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 332, Nov.
• Hennecke, Peter, 2017, "Zinstransmission in der Niedrigzinsphase: Eine empirische Untersuchung des Zinskanals in Deutschland," Thuenen-Series of Applied Economic Theory, University of Rostock, Institute of Economics, number 150.
• Güneş Kamber & James Morley & Benjamin Wong, 2017, "Intuitive and Reliable Estimates of the Output Gap from a Beveridge-Nelson Filter," Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand, number DP2017/01, Jan.
• Alexandre Janiak & Sofía Bauducco, 2017, "The Macroeconomic Consequences of Raising the Minimum Wage: Capital Accumulation, Employment and the Wage Distribution," Documentos de Trabajo, Instituto de Economia. Pontificia Universidad Católica de Chile., number 481.
• Raslan Alzubi & Mustafa Caglayan & Kostas Mouratidis, 2017, "The Risk-Taking Channel in the US: A GVAR Approach," Working Papers, The University of Sheffield, Department of Economics, number 2017009, Mar.
• Groneck, Max & Ludwig, Alexander & Zimper, Alexander, 2022, "Who saves more, the naive or the sophisticated agent?," SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE, number 169, revised 2022.
• Pierre Lesuisse, 2019, "External Monetary Shocks to Central and Eastern European Countries," Working Papers, HAL, number halshs-01467330, May.
• Òscar Jordà & Björn Richter & Moritz Schularick & Alan M. Taylor, 2017, "Bank Capital Redux: Solvency, Liquidity, and Crisis," Working Paper Series, Federal Reserve Bank of San Francisco, number 2017-6, Mar, DOI: 10.24148/wp2017-06-er.
• César Carrera, 2017, "From Inflation Targeting to achieving Economic Growth," Working Papers, Peruvian Economic Association, number 92, Apr.
• Davor Kunovac & Mariarosaria Comunale, 2017, "Exchange Rate Pass-Through in the Euro Area," Working Papers, The Croatian National Bank, Croatia, number 46, Jan.
• Michael C. Burda & Mark Weder, 2017, "The Economics of German Unification after Twenty-Five Years: Lessons for Korea," School of Economics and Public Policy Working Papers, University of Adelaide, School of Economics and Public Policy, number 2017-07, Apr.
• Mohammed Aït Lahcen, 2017, "Informality and the long run Phillips curve," ECON - Working Papers, Department of Economics - University of Zurich, number 248, Mar, revised Dec 2018.
• Willem Devriendt & Freddy Heylen, 2017, "Macroeconomic and distributional effects of demographic change in an open economy - The case of Belgium -," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium, Ghent University, Faculty of Economics and Business Administration, number 17/931, Mar.
• Iñaki Aldasoro & Robert Unger, 2017, "External financing and economic activity in the euro area - why are bank loans special?," BIS Working Papers, Bank for International Settlements, number 622, Mar.
• Pereira, Alfredo & Pereira, Rui, 2017, "Is All Infrastructure Investment Created Equal? The Case of Portugal," MPRA Paper, University Library of Munich, Germany, number 77369, Mar.
• Davor Kunovac & Rafael Ravnik, 2017, "Are sovereign credit ratings overrated?," Working Papers, The Croatian National Bank, Croatia, number 47, Feb.
• Item repec:rza:wpaper:668 is not listed on IDEAS anymore

• Yulia Vymyatnina, 2016, "Credit Dynamics of Various Entities in Russia: Impact of Oil Prices and Sanctions," EcoMod2016, EcoMod, number 9543, Jul.
• Sebastian Gechert & Christoph Paetz & Paloma Villanueva, 2017, "Top-down vs.Bottom-up? Reconciling the effects of tax and transfer shocks on output," Working Papers, Banco de España, number 1712, Mar.
• David M. Arseneau & David E. Rappoport & Alexandros Vardoulakis, 2017, "Private and Public Liquidity Provision in Over-the-Counter Markets," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2017-033, Mar, DOI: 10.17016/FEDS.2017.033.
• Item repec:rza:wpaper:672 is not listed on IDEAS anymore

• Bulat Mukhamediyev & Mukhamediyev Bulat, 2015, "Estimated Small Multiple Regions Dynamic Stochastic General Equilibrium Model," EcoMod2015, EcoMod, number 8374, Jul.
• María del Carmen Ramos-Herrera & Simón Sosvilla-Rivero, 2017, "Inflation, real economic growth and unemployment expectations: An empirical analysis based on the ECB Survey of Professional Forecasters," Working Papers, Asociación Española de Economía y Finanzas Internacionales, number 17-02, Feb.
• Guerrazzi, Marco, 2017, "Efficiency-wage competition: What happens as the number of players increases?," MPRA Paper, University Library of Munich, Germany, number 77950, Mar.
• Lukas Altermatt, 2017, "Inside money, investment, and unconventional monetary policy," ECON - Working Papers, Department of Economics - University of Zurich, number 247, Mar, revised Jul 2019.
• Riccardo Fiorentini, 2016, "Supranational policies for a renewed European Union," Working Papers, University of Verona, Department of Economics, number 10/2016, Jun.
• Jules H. van Binsbergen & Christian C. Opp, 2017, "Real Anomalies," NBER Working Papers, National Bureau of Economic Research, Inc, number 23238, Mar.
• John C. Williams, 2017, "Keeping the Recovery Sustainable: The Essential Role of an Independent Fed. Speech to the Santa Cruz Chamber of Commerce, Santa Cruz, California, February 28, 2017," Speech, Federal Reserve Bank of San Francisco, number 173, Mar.
• Davoine, Thomas & Molnar, Matthias, 2017, "Cross-country fiscal policy spillovers and capital-skill complementarity in currency unions," Economics Series, Institute for Advanced Studies, number 329, Mar.
• Gerdie Everaert & Stijn Jansen, 2017, "On The Estimation Of Panel Fiscal Functions: Heterogeneity Or Fiscal Fatigue?," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium, Ghent University, Faculty of Economics and Business Administration, number 17/930, Jan.
• Sangyup Choi & Davide Furceri & Yi Huang & Prakash Loungani, 2017, "Aggregate Uncertainty and Sectoral Productivity Growth: The Role of Credit Constraints," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 09-2017, Mar.
• Clavero, Borja, 2017, "A contribution to the Quantity Theory of Disaggregated Credit," MPRA Paper, University Library of Munich, Germany, number 76657, Feb.
• Item repec:srk:srkwps:201601 is not listed on IDEAS anymore

• van Riet, Ad, 2015, "Market-preserving fiscal federalism in the European Monetary Union," MPRA Paper, University Library of Munich, Germany, number 77772, Oct.
• Markus Brueckner & Joaquin Vespignani, 2017, "Trade Uncertainty and Income Inequality," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2017-24, Mar.
• Jon D. Wisman & Aaron Pacitti, 2017, "Guaranteed Employment and Universal Child Care For a New Social Contract," Working Papers, American University, Department of Economics, number 2017-05, DOI: 10.17606/aq84-cj68.
• Ulrike Malmendier & Stefan Nagel & Zhen Yan, 2017, "The Making of Hawks and Doves: Inflation Experiences on the FOMC," NBER Working Papers, National Bureau of Economic Research, Inc, number 23228, Mar.
• Brueckner, Markus & Vespignani, Joaquin, 2017, "Trade uncertainty and income inequality," Working Papers, University of Tasmania, Tasmanian School of Business and Economics, number 2017-03.
• Turan, Güngör, 2015, "Türkiye'de Büyüme ve İşsizlik
  [Growth and Unemployment in Turkey]," MPRA Paper, University Library of Munich, Germany, number 77773, Jun.
• Martín Besfamille & N. Grosman & D. Jorrat & O. Manzano & P. Sanguinetti, 2017, "Public Expenditures and Debt at the Subnational Level: Evidence of Fiscal Smoothing from Argentina," Documentos de Trabajo, Instituto de Economia. Pontificia Universidad Católica de Chile., number 482.
• Kenneth Sæterhagen Paulsen, 2017, "Conditional forecasting with DSGE models - A conditional copula approach," Working Paper, Norges Bank, number 2017/4, Apr.
• Sydney C. Ludvigson & Sai Ma & Serena Ng, 2017, "Shock Restricted Structural Vector-Autoregressions," NBER Working Papers, National Bureau of Economic Research, Inc, number 23225, Mar.
• Stefano Bosi & David Desmarchelier, 2017, "A simple method to study local bifurcations of three and four-dimensional systems: characterizations and economic applications," Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg, number 2017-07.
• David Kohn, 2017, "Addicted to Debt: Foreign Purchases of U.S. Treasuries and the Term Premium," Documentos de Trabajo, Instituto de Economia. Pontificia Universidad Católica de Chile., number 480.
• Martin Wong, 2017, "Revisiting the Wealth Effect on Consumption in New Zealand," Reserve Bank of New Zealand Analytical Notes series, Reserve Bank of New Zealand, number AN2017/03, Mar.
• José Dïaz & Gert Wagner, 2016, "Inversión y capital: Chile, 1833-2010," Documentos de Trabajo, Instituto de Economia. Pontificia Universidad Católica de Chile., number 479.
• Lu Zhang, 2017, "The Investment CAPM," NBER Working Papers, National Bureau of Economic Research, Inc, number 23226, Mar.
• Gioele Figus & Patrizio Lecca & Karen Turner & Peter McGregor, 2016, "Increased energy efficiency in Scottish households: trading-off economic benefits and energy rebound effects?," EcoMod2016, EcoMod, number 9454, Jul.
• Bosupeng, Mpho, 2016, "On The Fisher Effect: A Review," MPRA Paper, University Library of Munich, Germany, number 77916, revised 2016.
• Danny Cassimon & Marin Ferry & Marc Raffinot & Bjorn van Campenhout, 2017, "Dynamic Fiscal Impact of The Debt Relief Initiatives on African Highly Indebted Poor Countries (HIPCs)," Working Papers, HAL, number hal-01489613, Mar.
• ChiHyun Yun, 2016, "The Russian Economic Crisis and Falling Remittances in Central Asia," World Economy Brief, Korea Institute for International Economic Policy, number 16-28, Nov, DOI: 10.2139/ssrn.2877576.
• Johanes Agbahey & Khalid Siddig & Harald Grethe, 2016, "Consequences of conflict: the impact of the closure regime on the economy of the West Bank economy," EcoMod2016, EcoMod, number 9197, Jul.
• Danilo Liberati & Michele Loberto, 2017, "Taxation and housing markets with search frictions," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1105, Mar.
• Fabio Verona & Juha Kilponen & Seppo Orjasniemi & Antti Ripatti, 2015, "Business Cycle Dynamics and Macroprudential Policy Through the Lens of the Aino Model - A Micro-Founded Small Open Economy DSGE Mo," EcoMod2015, EcoMod, number 8441, Jul.
• Il Houng Lee & Kyunghun Kim & Eun Jung Kang, 2016, "Time to Rethink Monetary Policy in Emerging Economies: Touching the Tip of an Iceberg," World Economy Brief, Korea Institute for International Economic Policy, number 16-6, Mar, DOI: 10.2139/ssrn.2771581.
• Anna Kormilitsina & Sarah Zubairy, 2015, "Propagation Mechanisms for Government Spending Shocks: A Bayesian Comparison," EcoMod2015, EcoMod, number 8646, Jul.
• Wen, Xingang, 2017, "Strategic Capacity Investment under Uncertainty with Volume Flexibility," Discussion Paper, Tilburg University, Center for Economic Research, number 2017-019.
• Item repec:srk:srkwps:201602 is not listed on IDEAS anymore

• John C. Williams, 2017, "From Sustained Recovery to Sustainable Growth: What a Difference Four Years Makes. Speech to the Forecasters Club , New York, New York, March 29, 2017," Speech, Federal Reserve Bank of San Francisco, number 174, Mar.
• Jonathan Davis & Bhashkar Mazumder, 2017, "The Decline in Intergenerational Mobility After 1980," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2017-5, Mar, revised 14 Jan 2022.
• Jean-Marc Bottazzi & Jaime Luque & Mario Pascoa, 2017, "Equilibrium in FX Swap Markets: Funding Pressures and the Cross-Currency Basis," School of Economics Discussion Papers, School of Economics, University of Surrey, number 0517, Mar.
• Haliassos, Michael & Jansson, Thomas & Karabulut, Yigitcan, 2017, "Financial Literacy Externalities," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 333, Mar, revised 01 Oct 2017.
• Christian Grisse & Signe Krogstrup & Silvio Schumacher, 2017, "Lower bound beliefs and long-term interest rates," Working Papers, Swiss National Bank, number 2017-05.
• Ha Thi Thanh Doan & Guanghua Wan, 2017, "Globalization and the Labor Share in National Income," ADBI Working Papers, Asian Development Bank Institute, number 639, Jan.
• William Dudley, 2017, "The importance of financial conditions in the conduct of monetary policy: remarks at the University of South Florida Sarasota-Manatee, Sarasota, Florida," Speech, Federal Reserve Bank of New York, number 239, Mar.
• Tsikas, Stefanos A., 2017, "Enforce Tax Compliance, but Cautiously: The Role of Trust in Authorities and Power of Authorities," Hannover Economic Papers (HEP), Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät, number dp-589, Mar.

Report NEP-MAC-2017-04-09

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: