Report NEP-MAC-2017-04-16

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:

• Alex Haberis & Richard Harrison & Matthew Waldron, 2017, "Uncertain forward guidance," Bank of England working papers, Bank of England, number 654, Mar.
• Tweneboah Senzu, Emmanuel, 2016, "Catallactics misapplication: It’s crucial role in Africa’s underdeveloped Economy- Revised Edition Vol. 1," MPRA Paper, University Library of Munich, Germany, number 78088, Oct, revised 31 Mar 2017.
• Christopher G. Gibbs, 2017, "Learning to Believe in Secular Stagnation," Discussion Papers, School of Economics, The University of New South Wales, number 2017-11, Feb.
• James Morley & Irina B Panovska, 2017, "Is Business Cycle Asymmetry Intrinsic in Industrialized Economies?," Discussion Papers, School of Economics, The University of New South Wales, number 2016-12A, Jan.
• Buiter, Willem, 2017, "The Fallacy of the Fiscal Theory of the Price Level - Once More," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11941, Mar.
• Yunjong Eo & Denny Lie, 2017, "The Role of Inflation Target Adjustment in Stabilization Policy," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2017-27, Apr.
• Wieland, Volker & Beyer, Robert, 2017, "Instability, imprecision and inconsistent use of equilibrium real interest rate estimates," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11927, Mar.
• Harashima, Taiji, 2017, "Should a Government Fiscally Intervene in a Recession and, If So, How?," MPRA Paper, University Library of Munich, Germany, number 78053, Apr.
• Ian Borg, , "Fiscal Multipliers in Malta," CBM Working Papers, Central Bank of Malta, number WP/06/2014.
• Dean Croushore & Simon van Norden, 2017, "Fiscal Surprises at the FOMC," CIRANO Working Papers, CIRANO, number 2017s-09, Apr.
• Dzmitry Kruk, 2016, "SVAR Approach for Extracting Inflation Expectations Given Severe Monetary Shocks: Evidence from Belarus," BEROC Working Paper Series, Belarusian Economic Research and Outreach Center (BEROC), number 39, Dec.
• Zbynek Stork, 2016, "Term Structure of Interest Rates: Macro-Finance Approach," EcoMod2016, EcoMod, number 9566, Jul.
• Robert Murphy, 2016, "Explaining the Recent Behavior of Inflation in the United States," EcoMod2016, EcoMod, number 9550, Jul.
• Aleksandra Halka, 2016, "How the central banks' reaction function in SOE evolved during the crisis," EcoMod2016, EcoMod, number 9424, Jul.
• Mariano Kulish & James Morley & Tim Robinson, 2016, "Estimating DSGE models with Zero Interest Rate Policy," Discussion Papers, School of Economics, The University of New South Wales, number 2014-32B, Oct.
• Bianchi, Francesco & Ilut, Cosmin & Schneider, Martin, 2017, "Uncertainty shocks, asset supply and pricing over the business cycle," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11950, Apr.
• Stephen Morris & Hyun Song Shin, 2015, "Risk Premium Shifts and Monetary Policy: A Coordination Approach," Working Papers, Princeton University, Department of Economics, Econometric Research Program., number 075_2016, Dec.
• Pinshi Paula, Christian, 2016, "Boucle rétroactive entre la volatilité des flux de capitaux et la stabilité financière : résultat pour la République démocratique du Congo
  [Feedback effect between Volatility of capital flows and f," MPRA Paper, University Library of Munich, Germany, number 78051, Oct, revised 28 Mar 2017.
• Maciej Albinowski, 2017, "The role of fractional-reserve banking in amplifying credit booms: evidence from panel data," KAE Working Papers, Warsaw School of Economics, Collegium of Economic Analysis, number 2017-024, Mar.
• Cecchetti, Stephen & Feroli, Michael & Hooper, Peter & Kashyap, Anil & Schoenholtz, Kermit L., 2017, "Deflating Inflation Expectations: The Implications of Inflation’s Simple Dynamics," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11925, Mar.
• Abidemi Abdulsalam & Moses K. Tule & Eunice N. Egbuna & Joseph Tawose, 2016, "Determination of the Dynamic Interaction between of Macro-Prudential and Monetary Policy Mix in Nigeria: A Structural Analysis," EcoMod2016, EcoMod, number 9758, Jul.
• Brown, Alessio J. G. & Kohlbrecher, Britta & Merkl, Christian & Snower, Dennis J., 2017, "The Effects of Productivity and Benefits on Unemployment: Breaking the Link," GLO Discussion Paper Series, Global Labor Organization (GLO), number 51.
• Ulrich Volz & Ansgar Belke & Irina Dubova, 2017, "Bond Yield Spillovers from Major Advanced Economies to Emerging Asia," Working Papers, Department of Economics, SOAS University of London, UK, number 203, Mar.
• Ansgar Belke & Irina Dubova & Ulrich Volz, 2017, "Bond Yield Spillovers from Major Advanced Economies to Emerging Asia," ROME Working Papers, ROME Network, number 201702, Feb.
• Tetiana Bogdan & Vladimir Gligorov & Peter Havlik & Michael Landesmann, 2017, "From Fiscal Austerity towards Growth-Enhancing Fiscal Policy in Ukraine," wiiw Research Reports, The Vienna Institute for International Economic Studies, wiiw, number 417, Apr.
• Özlem Onaran & Maria Nikolaidi, 2017, "The effects of income distribution and fiscal policy on growth, investment and budget balance: the case of Europe," Working Papers, Post Keynesian Economics Society (PKES), number PKWP1703, Apr.
• David B. Cashin, 2017, "The Household Expenditure Response to a Consumption Tax Rate Increase," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2017-035, Mar, DOI: 10.17016/FEDS.2017.035.
• Sofya Donets & Alexey Ponomarenko, 2015, "Measuring Debt Burden," Bank of Russia Working Paper Series, Bank of Russia, number wps5, Jun.
• Item repec:rmn:wpaper:201611 is not listed on IDEAS anymore

• Belke, Ansgar H. & Dreger, Christian & Dubova, Irina, 2017, "On the Exposure of the BRIC Countries to Global Economic Shocks," IZA Discussion Papers, Institute of Labor Economics (IZA), number 10634, Mar.
• Yury Achkasov, 2016, "Nowcasting of the Russian GDP Using the Current Statistics: Approach Modification," Bank of Russia Working Paper Series, Bank of Russia, number wps8, Jan.
• de Grauwe, Paul & Gerba, Eddie, 2017, "Monetary transmission under competing corporate finance regimes = Transmisión monetaria bajo regímenes alternativos de finanzas corporativas," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 67658, Apr.
• M. Ali Choudhary & Sajawal Khan & Farooq Pasha, 2017, "Comparison of Various Business Cycle Models for Pakistan," SBP Working Paper Series, State Bank of Pakistan, Research Department, number 89, Apr.
• Alejandro C. Garcia-Cintado & Celso Jose Costa Junior (celso.costa@fgv.br) & Armando Vaz Sampaio (avsampaio@ufpr.br), 2016, "Post-2008 Brazilian Fiscal Policy: an Interpretation through the Analysis of Fiscal Multipliers," EcoMod2016, EcoMod, number 9528, Jul.
• Pietrunti, Mario, 2017, "Financial frictions and the real economy," ESRB Working Paper Series, European Systemic Risk Board, number 41, Apr.
• Taylor, Alan M. & Jordà , Ã’scar & Richter, Björn & Schularick, Moritz, 2017, "Bank Capital Redux: Solvency, Liquidity, and Crisis," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11934, Mar.
• Drago Bergholt & Vegard H Larsen & Martin Seneca, 2017, "Business cycles in an oil economy," BIS Working Papers, Bank for International Settlements, number 618, Mar.
• Elena Deryugina & Alexey Ponomarenko, 2017, "Real-time determination of credit cycle phases in emerging markets," Bank of Russia Working Paper Series, Bank of Russia, number wps17, Jan.
• Luisa Carpinelli & Matteo Crosignani, 2017, "The Effect of Central Bank Liquidity Injections on Bank Credit Supply," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2017-038, Mar, DOI: 10.17016/FEDS.2017.038.
• Arshad, Sumera & Ali, Amjad, 2016, "Trade-off between Inflation, Interest and Unemployment Rate of Pakistan: Revisited," MPRA Paper, University Library of Munich, Germany, number 78101.
• Kamiar Mohaddes & Mehdi Raissi & Anke Weber, 2017, "Can Italy Grow Out of Its NPL Overhang? A Panel Threshold Analysis," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2017-28, Apr.
• Byrne, David & Kelly, Robert & O'Toole, Conor, 2017, "How does monetary policy pass-through affect mortgage default? Evidence from the Irish mortgage market," Research Technical Papers, Central Bank of Ireland, number 04/RT/17, Mar.
• Skintzi, Vasiliki, 2017, "Determinants of stock-bond market comovement in the Eurozone under model uncertainty," MPRA Paper, University Library of Munich, Germany, number 78278, Apr.
• Muhammad Nadim Hanif & Javed Iqbal & M. Ali Choudhary, 2017, "Fully Modified HP Filter," SBP Working Paper Series, State Bank of Pakistan, Research Department, number 88, Apr.
• Douglas, Roger & MacCulloch, Robert, 2017, "Welfare: Savings not Taxation," IZA Discussion Papers, Institute of Labor Economics (IZA), number 10632, Mar.
• Attanasio, Orazio & Kovacs, Agnes & Molnar, Krisztina, 2017, "Euler Equations, Subjective Expectations and Income Shocks," Discussion Paper Series in Economics, Norwegian School of Economics, Department of Economics, number 5/2017, Jan.
• Item repec:imf:imfwpa:17/40 is not listed on IDEAS anymore

• Buchheim, Lukas & Watzinger, Martin, 2017, "The Employment Effects of Countercyclical Infrastructure Investments," Discussion Papers in Economics, University of Munich, Department of Economics, number 34877, Feb.
• Item repec:dnb:dnbwpp:551 is not listed on IDEAS anymore

• Polbin, Andrey, 2017, "Моделирование Реального Курса Рубля В Условиях Изменения Режима Денежно-Кредитной Политики
  [Modeling the real ruble exchange rate under monetary policy regime change]," MPRA Paper, University Library of Munich, Germany, number 78139.
• Item repec:imf:imfwpa:17/48 is not listed on IDEAS anymore

• Item repec:hum:wpaper:sfb649dp2017-009 is not listed on IDEAS anymore

• Ali, Amjad & Ahmad, Farooq & Ur- Rahman, Fazal, 2016, "Impact of Government Borrowing on Financial Development (A case study of Pakistan)," MPRA Paper, University Library of Munich, Germany, number 78100.
• Peter Spahn, 2016, "Central Bank Design in a Non-optimal Currency Union A Lender of Last Resort for Government Debt?," ROME Working Papers, ROME Network, number 201610, Oct.
• Ornelas, Emanuel & Cunha, Alexandre B., 2017, "The Limits of Political Compromise: Debt Ceilings and Political Turnover," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11945, Mar.
• Snir, Avichai & Levy, Daniel & Chen, Haipeng (Allan), 2017, "End of 9-Endings, Price Recall, and Price Perceptions," MPRA Paper, University Library of Munich, Germany, number 78085, Apr.
• Simon Firestone & Amy Lorenc & Ben Ranish, 2017, "An Empirical Economic Assessment of the Costs and Benefits of Bank Capital in the US," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2017-034, Mar, DOI: 10.17016/FEDS.2017.034.
• Anna Krupkina & Alexey Ponomarenko, 2015, "Deposit dollarization in emerging markets: modelling the hysteresis effect," Bank of Russia Working Paper Series, Bank of Russia, number wps7, Jun.
• Giuseppe Marotta, 2017, "The risks of exit from the EMU and the EU (in Italian)," Centro Studi di Banca e Finanza (CEFIN) (Center for Studies in Banking and Finance), Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi", number 17401, Apr.
• Bosupeng, Mpho, 2016, "The Effects of Chinese Interest Rates and Inflation: A Decomposition of The Fisher Effect," MPRA Paper, University Library of Munich, Germany, number 78160, revised 2016.
• Javed Iqbal & Muhammad Nadim Hanif, 2017, "Performance Comparison of Modified HP Filter, Wavelet Analysis and Empirical Mode Decomposition for Smoothing Macroeconomic Time Series," SBP Working Paper Series, State Bank of Pakistan, Research Department, number 87, Mar.
• 外木, 暁幸 & 外木, 好美, 2017, "企業別R&D投資の計測とMultiple q ―日本の上場企業に関する資本財別投資行動の分析―," RCESR Discussion Paper Series, Research Center for Economic and Social Risks, Institute of Economic Research, Hitotsubashi University, number DP17-1, Feb.
• Lydon, Reamonn & McIndoe-Calder, Tara, 2017, "The Great Irish (De)Leveraging 2005-14," Research Technical Papers, Central Bank of Ireland, number 05/RT/17, Mar.
• Alexey Porshakov & Elena Deryugina & Alexey Ponomarenko & Andrey Sinyakov, 2015, "Nowcasting and Short-Term Forecasting of Russian GDP with a Dynamic Factor Model," Bank of Russia Working Paper Series, Bank of Russia, number wps2, Mar.
• Jacek Kotłowski & Michał Brzoza-Brzezina, 2016, "The nonlinear nature of country risk," EcoMod2016, EcoMod, number 9416, Jul.
• Carlo Gola & Marco Burroni & Francesco Columba & Antonio Ilari & Giorgio Nuzzo & Onofrio Panzarino, 2017, "Shadow banking out of the shadows: non-bank intermediation and the Italian regulatory framework," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 372, Feb.
• Item repec:cpr:ceprdp:11947 is not listed on IDEAS anymore

• Asongu, Simplice & Nwachukwu, Jacinta, 2016, "Globalization and Inclusive Human Development in Africa," MPRA Paper, University Library of Munich, Germany, number 78140, Nov.
• Robatto, Roberto, 2017, "Flight to liquidity and systemic bank runs," ESRB Working Paper Series, European Systemic Risk Board, number 38, Mar.
• Alexey Ponomarenko, 2016, "A note on money creation in emerg-ing market economies," Bank of Russia Working Paper Series, Bank of Russia, number wps10, May.
• Abe, Naohito & Inakura, Noriko & Tonogi, Akiyuki, 2017, "Effects of the Entry and Exit of Products on Price Indexes," RCESR Discussion Paper Series, Research Center for Economic and Social Risks, Institute of Economic Research, Hitotsubashi University, number DP17-2, Mar.
• Stephen Morris & Muhamet Yildiz, 2016, "Crises: Equilibrium Shifts and Large Shocks," Working Papers, Princeton University, Department of Economics, Econometric Research Program., number 083_2016, Nov.
• Stéphane Auray & Aurélien Eyquem & Xiaofei Ma, 2017, "Competitive Tax Reforms in a Monetary Union with Endogenous Entry and Tradability," Working Papers, HAL, number halshs-01467205.
• Carine Meyimdjui, 2017, "Food Price Shocks and Government Expenditure Composition: Evidence from African Countries," Working Papers, HAL, number halshs-01457366, Feb.
• Joao Sousa Andrade & Irina Syssoyeva-Masson, 2016, "Investigating the presence of long memory in debt series and its relation with growth," EcoMod2016, EcoMod, number 9627, Jul.
• Jose-Maria Da-Rocha & Marina Mendes Tavares & Diego Restuccia, 2017, "Policy Distortions and Aggregate Productivity with Endogenous Establishment-Level Productivity," Working Papers, University of Toronto, Department of Economics, number tecipa-579, Apr.
• Taro Abe, 2017, "Egalitarian Policies and Effective Demand: Considering Balance of Payments," Discussion papers, Graduate School of Economics , Kyoto University, number e-17-002, Apr.
• Keiichiro KOBAYASHI, 2017, "Debt Problem and Secular Stagnation (Japanese)," Policy Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI), number 17013, Mar.
• Mitchener, Kris & Weidenmier, Marc & Fernholz, Ricardo, 2017, "Pulling up the Tarnished Anchor: The End of Silver as a Global Unit of Account," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11952, Apr.
• Malgorzata Skibinska, 2016, "What drives the labour wedge? A comparison between CEE countries and the Euro Area," EcoMod2016, EcoMod, number 9061, Jul.
• Chakravartti, Parma & Mundle, Sudipto, 2017, "An Automatic Leading Indicator Based Growth Forecast For 2016-17 and The Outlook Beyond," Working Papers, National Institute of Public Finance and Policy, number 17/193, Mar.
• Sabahat, 2017, "Estimating Liquidity Created by Banks in Pakistan," SBP Working Paper Series, State Bank of Pakistan, Research Department, number 86, Mar.
• Keshab Raj Bhattarai, 2016, "Dynamic CGE model of the Chinese Economy for Policy Analysis," EcoMod2016, EcoMod, number 9656, Jul.
• Homburg, Stefan & Knolle, Julia, 2017, "Das Rätsel der Niedrigzinsphase," Hannover Economic Papers (HEP), Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät, number dp-591, Apr.
• Anne-Marie Rieu-Foucault, 2017, "Réguler la liquidité des actifs risqués," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2017-19.
• Matteo Accornero & Piergiorgio Alessandri & Luisa Carpinelli & Alberto Maria Sorrentino, 2017, "Non-performing loans and the supply of bank credit: evidence from Italy," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 374, Mar.
• Yoo-Duk Kang, 2015, "Policy Responses of the ECB in Managing the Euro Crisis and its Evolutionary Role," World Economy Brief, Korea Institute for International Economic Policy, number 15-12, Jul.
• Item repec:spo:wpmain:info:hdl:2441/4v3ds3it5k8isrrec0qlf7bt4m is not listed on IDEAS anymore

• Joungho Park & Weon-Yong Sung & Boogyun Kang, 2016, "우크라이나 위기 발발 이후 러시아 경제상황 변화와 정책 시사점 (A Study on Changes in the Russian Economy Following the Outbreak of the Ukrainian Crisis and Its Implications )," Policy Reference, Korea Institute for International Economic Policy, number 16-5, Sep.
• Deepa Datta & Benjamin K Johannsen & Hannah Kwon & Robert J Vigfusson, 2017, "Oil, equities, and the zero lower bound," BIS Working Papers, Bank for International Settlements, number 617, Mar.
• Dzmitry Kruk, 2016, "Causes and Features of Economic Downturn in Belarus: the Role of Structural Factors," BEROC Policy Paper Series, Belarusian Economic Research and Outreach Center (BEROC), number 42, Dec.
• Malte Krüger, 2016, "The spread of branch banking and the demand for cash in post-war Germany," ROME Working Papers, ROME Network, number 201609, Sep.
• Castagna, Alina & Chentouf, Leila & Ernst, Ekkehard, 2017, "Economic vulnerabilities in Italy: A network analysis using similarities in sectoral employment," GLO Discussion Paper Series, Global Labor Organization (GLO), number 50.
• Ross, Cesar, 2016, "Formalization of Chilean banking activity in the second half of the 19th century," MPRA Paper, University Library of Munich, Germany, number 78001, Aug, revised 16 Nov 2016.
• Yadulla Hasanli & Adalat Muradovd & Yadulla Hasanli & Nazim Hajiyev, 2016, "Econometric evaluation of the dependence of factors influencing oil prices," EcoMod2016, EcoMod, number 9602, Jul.
• Ottersen, Trygve & Evans, David B. & Mossialos, Elias & Røttingen, John-Arne, 2017, "Global health financing towards 2030 and beyond," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 72259, Mar.

Report NEP-MAC-2017-04-16

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: