Report NEP-MAC-2017-05-21

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.

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Other reports in NEP-MAC

The following items were announced in this report:

• Marcin Bielecki & Michał Brzoza-Brzezina & Marcin Kolasa & Krzysztof Makarski, 2017, "Could the boom-bust in the eurozone periphery have been prevented?," NBP Working Papers, Narodowy Bank Polski, number 263.
• Bachmann, Rüdiger & Rueth, Sebastian, 2017, "Systematic Monetary Policy and the Macroeconomic Effects of Shifts in Loan-to-Value Ratios," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12024, May.
• Mackowiak, Bartosz & Jarocinski, Marek, 2017, "Monetary-Fiscal Interactions and the Euro Area's Malaise," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12020, May.
• Belke, Ansgar, 2017, "Central bank communication: Managing expectations through the monetary dialogue," Ruhr Economic Papers, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen, number 692, DOI: 10.4419/86788802.
• Hohberger, Stefan & Priftis, Romanos & Vogel, Lukas, 2017, "The Macroeconomic Effects of Quantitative Easing in the Euro Area: Evidence from an Estimated DSGE Model," MPRA Paper, University Library of Munich, Germany, number 78955, Mar.
• Item repec:bfi:wpaper:2017-07 is not listed on IDEAS anymore

• David Byrne & Stephen Oliner & Daniel Sichel, 2017, "Prices of High-Tech Products, Mismeasurement, and Pace of Innovation," NBER Working Papers, National Bureau of Economic Research, Inc, number 23369, Apr.
• Mariarosaria Comunale & Jonas Striaukas, 2017, "Unconventional monetary policy: interest rates and low inflation. A review of literature and methods," CEIS Research Paper, Tor Vergata University, CEIS, number 406, May, revised 12 May 2017.
• Rösl, Gerhard & Seitz, Franz & Tödter, Karl-Heinz, 2017, "Besser ohne Bargeld? Gesamtwirtschaftliche Wohlfahrtsverluste der Bargeldabschaffung
  [Doing away with cash? The macroeconomic welfare costs of abolishing cash]," Weidener Diskussionspapiere, University of Applied Sciences Amberg-Weiden (OTH), number 58.
• Yasuo Hirose & Takeki Sunakawa, 2017, "The Natural Rate of Interest in a Nonlinear DSGE Model," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2017-38, May.
• Onaran, Özlem, 2017, "Forgotten macroeconomics in the manifesto debate," Greenwich Papers in Political Economy, University of Greenwich, Greenwich Political Economy Research Centre, number 17306, May.
• Masayuki Inui & Nao Sudo & Tomoaki Yamada, 2017, "Effects of Monetary Policy Shocks on Inequality in Japan," Bank of Japan Working Paper Series, Bank of Japan, number 17-E-3, May.
• Liu, Chunping & Ou, Zhirong, 2017, "What determines China's housing price dynamics? New evidence from a DSGE-VAR," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2017/4, Apr.
• Favero, Carlo A. & Giavazzi, Francesco & Alesina, Alberto & Paradisi, Matteo & Barbiero, Omar, 2017, "The effects of Fiscal Consolidations: Theory and Evidence," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12016, May.
• Blattner, Tobias & Swarbrick, Jonathan, 2017, "Monetary policy and cross-border interbank market fragmentation: lessons from the crisis," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 157881, revised 2017.
• Harashima, Taiji, 2017, "A Theory on the Economic Impacts of Immigration," MPRA Paper, University Library of Munich, Germany, number 78821, May.
• Andrle, Michal & Brůha, Jan & Solmaz, Serhat, 2017, "On the sources of business cycles: implications for DSGE models," Working Paper Series, European Central Bank, number 2058, May.
• Solis-Garcia, Mario & Xie, Yingtong, 2017, "Measuring the size of the shadow economy using a dynamic general equilibrium model with trends," MPRA Paper, University Library of Munich, Germany, number 78968, Jan, revised 05 May 2017.
• Harold Esteban Perdomo Ruíz, 2017, "La inflación de la Escuela austriaca. Las implicaciones de su uso en la política económica," Econógrafos, Escuela de Economía, Universidad Nacional de Colombia, FCE, CID, number 15568, May.
• Sergio Cesaratto, 2017, "The nature of the eurocrisis. A reply to Febrero, Uxò and Bermejo," Department of Economics University of Siena, Department of Economics, University of Siena, number 752, May.
• Fatih Guvenen & Greg Kaplan & Jae Song & Justin Weidner, 2017, "Lifetime Incomes in the United States over Six Decades," NBER Working Papers, National Bureau of Economic Research, Inc, number 23371, Apr.
• Shijaku, Gerti, 2016, "Does bank competition affect bank stability after the global financial crisis?," MPRA Paper, University Library of Munich, Germany, number 79084, Nov.
• Item repec:upd:utppwp:073 is not listed on IDEAS anymore

• Ryuzo MIYAO & Tatsuyoshi OKIMOTO, 2017, "The Macroeconomic Effects of Japan's Unconventional Monetary Policies," Discussion papers, Research Institute of Economy, Trade and Industry (RIETI), number 17065, May.
• Njindan Iyke, Bernard & Ho, Sin-Yu, 2017, "Real Exchange Rate Volatility and Domestic Consumption in Ghana," MPRA Paper, University Library of Munich, Germany, number 78852.
• Martin Feldkircher & Thomas Gruber & Florian Huber, 2017, "Spreading the word or reducing the term spread? Assessing spillovers from euro area monetary policy," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp248, May.
• Shijaku, Gerti, 2016, "Does concentration matter for bank stability - evidence from Albanian Banking System," MPRA Paper, University Library of Munich, Germany, number 79086, Aug.
• Thomas Piketty & Li Yang & Gabriel Zucman, 2017, "Capital Accumulation, Private Property and Rising Inequality in China, 1978-2015," NBER Working Papers, National Bureau of Economic Research, Inc, number 23368, Apr.
• Miyoshi, Yoshiyuki & Toda, Alexis Akira, 2016, "Growth Effects of Annuities and Government Transfers in Perpetual Youth Models," MPRA Paper, University Library of Munich, Germany, number 78982, May.
• Item repec:imf:imfscr:17/99 is not listed on IDEAS anymore

• Sergio Cesaratto, 2017, "Una nessuna centomila – Le molte verità di Target2," Department of Economics University of Siena, Department of Economics, University of Siena, number 751, Apr.
• Doll, Jens & Rosenthal, Beatrice & Volkenand, Jonas & Hamella, Sandra, 2017, "Nowcasting des deutschen BIP," Weidener Diskussionspapiere, University of Applied Sciences Amberg-Weiden (OTH), number 59.
• Toda, Alexis Akira, 2015, "A Note on the Size Distribution of Consumption: More Double Pareto than Lognormal," MPRA Paper, University Library of Munich, Germany, number 78979, Oct.
• Xiong, Qizhou, 2018, "The liquidity premium of safe assets: The role of government debt supply," IWH Discussion Papers, Halle Institute for Economic Research (IWH), number 11/2017, revised 2018.
• Item repec:imf:imfwpa:17/101 is not listed on IDEAS anymore

• Kota Watanabe & Tsutomu Watanabe, 2017, "Price Rigidity at Near-Zero Inflation Rates: Evidence from Japan," CARF F-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo, number CARF-F-408, Mar.
• Maria Chiara Cavalleri & Yvan Guillemette, 2017, "A revised approach to trend employment projections in long-term scenarios," OECD Economics Department Working Papers, OECD Publishing, number 1384, May, DOI: 10.1787/075f0153-en.
• Alexander W. Richter & Nathaniel A. Throckmorton, 2017, "A New Way to Quantify the Effect of Uncertainty," Working Papers, Federal Reserve Bank of Dallas, number 1705, May, DOI: 10.24149/wp1705r1.
• Solis-Garcia, Mario & Xie, Yingtong, 2017, "Is GDP more volatile in developing countries after taking the shadow economy into account? Evidence from Latin America," MPRA Paper, University Library of Munich, Germany, number 78965, Mar.
• Piergiorgio Alessandri & Margherita Bottero, 2017, "Bank lending in uncertain times," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1109, Apr.
• Riedler, Jesper & Brueckbauer, Frank, 2017, "Evaluating regulation within an artificial financial system: A framework and its application to the liquidity coverage ratio regulation," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 17-022.
• Jappelli, Tullio & Christelis, Dimitris & Georgarakos, Dimitris & Van Rooij, Maarten & Pistaferri, Luigi, 2017, "Asymmetric Consumption Effects of Transitory Income Shocks," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12025, May.
• Corina Boar & Denis Gorea & Virgiliu Midrigan, 2017, "Liquidity Constraints in the U.S. Housing Market," NBER Working Papers, National Bureau of Economic Research, Inc, number 23345, Apr.
• Olivier Coibion & Yuriy Gorodnichenko & Dmitri Koustas, 2017, "Consumption Inequality and the Frequency of Purchases," NBER Working Papers, National Bureau of Economic Research, Inc, number 23357, Apr.
• Sanvi Avouyi-Dovi & Guillaume Horny & Patrick Sevestre, 2017, "The stability of short-term interest rates pass-through in the euro area during the financial market and sovereign debt crises," Working Papers, HAL, number hal-01511667, Apr.
• Item repec:imf:imfscr:17/101 is not listed on IDEAS anymore

• Item repec:imf:imfscr:17/100 is not listed on IDEAS anymore

• Item repec:imf:imfscr:17/105 is not listed on IDEAS anymore

• Kenza Benhima & Céline Poilly, 2017, "Do Misperceptions about Demand Matter? Theory and Evidence," Working Papers, HAL, number halshs-01518467, May.
• Schmidt, Lawrence & Toda, Alexis Akira, 2015, "Do You Save More or Less in Response to Bad News? A New Identification of the Elasticity of Intertemporal Substitution," MPRA Paper, University Library of Munich, Germany, number 78983, May.
• José Ronaldo de Castro Souza Júnior & Francisco E. de Luna & Almeida Santos, 2017, "Simulações da Trajetória da Dívida Bruta do Governo Geral (2017 a 2037)," Discussion Papers, Instituto de Pesquisa Econômica Aplicada - IPEA, number 2303, Apr.
• Item repec:imf:imfscr:17/108 is not listed on IDEAS anymore

• Eric Rosengren, 2017, "Exploring the economy’s recent progress, and the implications for policy: remarks at the Lake Champlain Regional Chamber of Commerce and the Central Vermont Chamber of Commerce, South Burlington, Vermont, May 10, 2017," Speech, Federal Reserve Bank of Boston, number 119, May.
• Guney, Ibrahim Ethem & Hacihasanoglu, Yavuz Selim & Tumen, Semih, 2017, "Consumer Loan Response to Permanent Labor Income Shocks: Evidence from a Major Minimum Wage Increase," IZA Discussion Papers, IZA Network @ LISER, number 10751, Apr.
• Daniel P. Monteiro & Romanos Priftis, 2017, "Bank Lending Constraints in the Euro Area," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 043, Feb.
• Siklos, Pierre, 2017, "What Has Publishing Inflation Forecasts Accomplished? Central Banks And Their Competitors," LCERPA Working Papers, Laurier Centre for Economic Research and Policy Analysis, number 0098, Apr, revised 01 Apr 2017.
• Clemens Struck & Adnan Velic, 2017, "Automation, New Technology, and Non-Homothetic Preferences," Trinity Economics Papers, Trinity College Dublin, Department of Economics, number tep1217, May.
• Fabio Petri, 2017, "The Passage of Time, Capital, and Investment in Traditional and in Recent Neoclassical Value Theory," Department of Economics University of Siena, Department of Economics, University of Siena, number 750, Apr.
• Buchholz, Manuel & Schmidt, Kirsten & Tonzer, Lena, 2017, "Do conventional monetary policy instruments matter in unconventional times?," IWH Discussion Papers, Halle Institute for Economic Research (IWH), number 12/2017.
• Dino Pinelli & István P. Székely & János Varga, 2016, "Exploring Italy's Growth Challenge A Model-Based Exercise," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 041, Dec.
• Fernandez Sierra, Manuel & Messina, Julián, 2017, "Skill Premium, Labor Supply and Changes in the Structure of Wages in Latin America," IZA Discussion Papers, IZA Network @ LISER, number 10718, Apr.
• Burnett-Isaacs,, Kate & Diewert, Erwin & Huang, Ning, 2017, "Alternative Approaches for Resale Housing Price Indexes," Microeconomics.ca working papers, Vancouver School of Economics, number erwin_diewert-2017-6, May, revised 08 May 2017.
• Asongu, Simplice, 2017, "A Survey on Inequality-Adjusted Human Development in Africa," MPRA Paper, University Library of Munich, Germany, number 78861, Mar.
• Philippe Aghion & Nicholas Bloom & Brian Lucking & Raffaella Sadun & John Van Reenen, 2017, "Turbulence, Firm Decentralization and Growth in Bad Times," NBER Working Papers, National Bureau of Economic Research, Inc, number 23354, Apr.
• Pascal Paul, 2019, "The Time-Varying Effect of Monetary Policy on Asset Prices," Working Paper Series, Federal Reserve Bank of San Francisco, number 2017-09, Apr, DOI: 10.24148/wp2017-09.
• Toda, Alexis Akira, 2017, "Huggett Economies with Multiple Stationary Equilibria," MPRA Paper, University Library of Munich, Germany, number 78984, Mar.
• Item repec:upd:utppwp:074 is not listed on IDEAS anymore

• -, 2017, "U.S. Economic Outlook: Seven years of steady but tepid growth," Oficina de la CEPAL en Washington (Estudios e Investigaciones), Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 41329, Apr.
• Item repec:imf:imfscr:17/93 is not listed on IDEAS anymore

• Oleg Itskhoki & Dmitry Mukhin, 2017, "Exchange Rate Disconnect in General Equilibrium," NBER Working Papers, National Bureau of Economic Research, Inc, number 23401, May.
• Guglielmo Maria Caporale & Luis A. Gil-Alana, 2017, "Testing the Fisher Hypothesis in the G-7 Countries Using I(d) Techniques," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1667.
• Hippolyte d'Albis & Ekrame Boubtane & Dramane Coulibaly, 2017, "International Migration and Regional Housing Markets: Evidence from France," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2017-28.
• Kei Ehara, 2017, ""The Two Factors of the Phases of Business Cycle " (in Japanese)," CIRJE J-Series, CIRJE, Faculty of Economics, University of Tokyo, number CIRJE-J-286, Apr.
• Gabriel PIRAQUIVE GALEANO, 2017, "Descripción del ajuste de algunas economías de América Latina 2013 -2016," Archivos de Economía, Departamento Nacional de Planeación, number 15571, May.
• Anne-Marie Rieu-Foucault, 2017, "Point sur la fourniture de liquidié publique," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2017-27.
• Gilles Mourre & Adriana Reut, 2017, "Non-Tax Revenue in the European Union: A Source of Fiscal Risk?," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 044, Feb.
• Rodolfo Arioli & Colm Bates & Heinz Dieden & Ioana Duca & Roberta Friz & Christian Gayer & Geoff Kenny & Aidan Meyler & Iskra Pavlova, 2016, "EU Consumers’ Quantitative Inflation Perceptions and Expectations: An Evaluation," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 038, Nov.
• Item repec:bof:bofrdp:2017_010 is not listed on IDEAS anymore

• Gérard CHARREAUX, 2017, "Gestion de portefeuille et politique:existe-t-il une prime partisane sur le marché français ?, Portfolio management and politics:is there a presidential premium on the French market ?," Working Papers CREGO, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations, number 1170201, Feb.
• Item repec:imf:imfwpa:17/110 is not listed on IDEAS anymore

• Beyer, Andreas & Nicoletti, Giulio & Papadopoulou, Niki & Papsdorf, Patrick & Rünstler, Gerhard & Schwarz, Claudia & Sousa, João & Vergote, Olivier, 2017, "The transmission channels of monetary, macro- and microprudential policies and their interrelations," Occasional Paper Series, European Central Bank, number 191, May.
• Item repec:imf:imfscr:17/97 is not listed on IDEAS anymore

• Kose, M. Ayhan & Huidrom, Raju & Ohnsorge, Franziska, 2017, "How Important are Spillovers from Major Emerging Markets?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12022, May.
• Diego Restuccia & Richard Rogerson, 2017, "The Causes and Costs of Misallocation," Working Papers, University of Toronto, Department of Economics, number tecipa-581, May.
• Alexandre Xavier Ywata de Carvalho & Pedro Henrique Melo Albuquerque & Camilo Rey Laureto & Guilherme Costa Chadud Moreira & Gustavo Gomes Basso & Luiz Felipe Dantas Guimarães & Marina Garcia Pena, 2017, "Clusterização Espacial e não Espacial: um estudo aplicado à agropecuária brasileira," Discussion Papers, Instituto de Pesquisa Econômica Aplicada - IPEA, number 2279, Mar.
• Andrés Alegría & Rodrigo Alfaro & Felipe Córdova, 2017, "The impact of warnings published in a financial stability report on loan-to value ratios," BIS Working Papers, Bank for International Settlements, number 633, May.
• Alcidi, Cinzia & Thirion, Gilles, 2016, "Assessing the Euro Area’s Shock-Absorption Capacity - Risk sharing, consumption smoothing and fiscal policyAbstract: Based on a combination of quantitative analysis and a qualitative forward-looking approach, this paper assesses both the state of pla," CEPS Papers, Centre for European Policy Studies, number 11875, Sep.
• Belke, Ansgar & Osowski, Thomas, 2016, "Measuring fiscal spillovers in EMU and beyond: A Global VAR approach," CEPS Papers, Centre for European Policy Studies, number 12109, Dec.
• Deininger, Sebastian & Maringer, Dietmar, 2017, "Channels of Sovereign Risk Spillovers and Investment in the Manufacturing Sector," Working papers, Faculty of Business and Economics - University of Basel, number 2017/07.
• Item repec:imf:imfwpa:17/104 is not listed on IDEAS anymore

• Item repec:imf:imfscr:17/102 is not listed on IDEAS anymore

• Domenico Lombardi, Pierre Siklos, Samantha St.Amand, 2017, "Government Bond Yields at the Effective Lower Bound: International Evidence," LCERPA Working Papers, Laurier Centre for Economic Research and Policy Analysis, number 0099, Apr, revised 01 Apr 2017.
• K.E. McConnell & Juha V. Siikamäki & V. Kerry Smith, 2017, "A Strategy for Evaluating the Opportunity Cost of Time Estimates from New Choice Margins," NBER Working Papers, National Bureau of Economic Research, Inc, number 23349, Apr.
• Bindseil, Ulrich & Corsi, Marco & Sahel, Benjamin & Visser, Ad, 2017, "The Eurosystem collateral framework explained," Occasional Paper Series, European Central Bank, number 189, May.
• Varma, Vijaya Krushna Varma, 2016, "A Road Map To Cashless Economy In India," MPRA Paper, University Library of Munich, Germany, number 78891, Nov.
• Loretta J. Mester, 2017, "The Outlook for the Economy and Monetary Policy 05-08-2017 The Chicago Council on Global Affairs, Chicago, IL," Speech, Federal Reserve Bank of Cleveland, number 82, May.
• Sujin Kim, 2017, "Investment Puzzle: Deeper Roots," Working Papers, Korea Institute for International Economic Policy, number 17-2, May.
• Takashi UNAYAMA & Taro OHNO, 2017, "Household Savings Rate in National Accounts and Household Surveys in Japan (Japanese)," Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI), number 17035, Apr.
• Gilles Mourre & Caterina Astarita & Anamaria Maftei, 2016, "Measuring the Uncertainty in Predicting Public Revenue," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 039, Dec.
• Jason Allen & Timothy Grieder & Tom Roberts & Brian Peterson, 2017, "The impact of macroprudential housing finance tools in Canada," BIS Working Papers, Bank for International Settlements, number 632, May.
• R. Tamara Konetzka & Karen B. Lasater & Edward C. Norton & Rachel M. Werner, 2017, "Are Recessions Good for Staffing in Nursing Homes?," NBER Working Papers, National Bureau of Economic Research, Inc, number 23402, May.
• Pascal Belan & Clément Carbonnier & Martine Carré, 2017, "Tax devaluation with endogenous margins," Working Papers, HAL, number hal-01515806, Apr.
• Asongu, Simplice & Efobi, Uchenna & Tanankem, Belmondo, 2017, "On the Relationship between Globalisation and the Economic Participation of Women in Sub-Saharan Africa," MPRA Paper, University Library of Munich, Germany, number 78860, Jan.

Report NEP-MAC-2017-05-21

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: