Report NEP-MAC-2017-06-25

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:

• Gaetano Gaballo & Ariel Zetlin-Jones, 2016, "Bailouts, Moral Hazard and Banks’ Home Bias for Sovereign Debt," Working Papers, European Stability Mechanism, number 16, Jul.
• Valdivia Coria, Joab Dan & Valdivia Coria, Daney, 2017, "Impulse on the Aggregate Demand in Bolivia through the coordination of the Monetary and Fiscal Policy in crisis time," MPRA Paper, University Library of Munich, Germany, number 79835, May.
• Eckhard Hein, 2017, "Stagnation policy in the Eurozone and economic policy alternatives," FMM Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute, number 05-2017.
• Bozhechkova Alexandra & Trunin Pavel & Knobel Alexander & Kiyutsevskaya Anna, 2017, "Russia’s Monetary Policy in 2016," Published Papers, Gaidar Institute for Economic Policy, number ppaper-2017-269, revised 2017.
• Nocera, Andrea & Roma, Moreno, 2017, "House prices and monetary policy in the euro area: evidence from structural VARs," Working Paper Series, European Central Bank, number 2073, Jun.
• Item repec:idb:brikps:97018 is not listed on IDEAS anymore

• Item repec:spo:wpmain:info:hdl:2441/19jos6046o8m6qe8fce98t1bmp is not listed on IDEAS anymore

• Eckhard Hein & Eckhard Achim Truger, 2017, "Opportunities and limits of rebalancing the Eurozone via wage policies," FMM Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute, number 06-2017.
• Item repec:spo:wpmain:info:hdl:2441/644vfdaim38frrvbit4u0bh0ha is not listed on IDEAS anymore

• Izryadnova Olga, 2017, "Fixed investment in Russia in 2016," Published Papers, Gaidar Institute for Economic Policy, number ppaper-2017-277, revised 2017.
• Mariarosaria Comunale & Jonas Striaukas, 2017, "Unconventional Monetary Policy: Interest Rates and Low Inflation. A Review of Literature and Methods," Bank of Lithuania Occasional Paper Series, Bank of Lithuania, number 13, Feb.
• Item repec:idb:brikps:95376 is not listed on IDEAS anymore

• Francis Leni Anguyo & Rangan Gupta & Kevin Kotzé, 2017, "Monetary Policy, Financial Frictions and Structural Changes: A Markov-Switching DSGE Approach," Working Papers, University of Pretoria, Department of Economics, number 201748, Jun.
• Dean Croushore & Simon van Norden, 2017, "Fiscal Surprises At The Fomc," Working Papers, Federal Reserve Bank of Philadelphia, number 17-13, Jun.
• Emmanouil Gkiourkas, Theodore Panagiotidis, Gianluigi Pelloni, 2017, "Revisiting the Macroeconomic Effects of Labor Reallocation," LCERPA Working Papers, Laurier Centre for Economic Research and Policy Analysis, number 0102, Jun, revised 01 Jun 2017.
• Mitsuru Katagiri & Koji Takahashi, 2017, "Do Term Premiums Matter? Transmission via Exchange Rate Dynamics," Bank of Japan Working Paper Series, Bank of Japan, number 17-E-7, Jun.
• Gambetti, Luca & Musso, Alberto, 2017, "The macroeconomic impact of the ECB's expanded asset purchase programme (APP)," Working Paper Series, European Central Bank, number 2075, Jun.
• Daniel Baksa & Mihnea Constantinescu & Zsuzsa Munkacsi, 2016, "Aging, Informality and Public Policies in a Small Open Economy," Bank of Lithuania Discussion Paper Series, Bank of Lithuania, number 2, Sep.
• Item repec:bof:bofitp:2017_011 is not listed on IDEAS anymore

• Juan Pablo Mateo, 2017, "The profit rate and asset-price inflation in the Spanish economy," Working Papers, New School for Social Research, Department of Economics, number 1721, Jun.
• Mihnea Constantinescu & Anh Dinh Minh Nguyen, 2017, "Unemployment or Credit: Who Holds The Potential? Results From a Small-Open Economy," Bank of Lithuania Discussion Paper Series, Bank of Lithuania, number 4, Apr.
• Giovanni Pellegrino, 2017, "Uncertainty and the Real Effects of Monetary Policy Shocks in the Euro Area," Melbourne Institute Working Paper Series, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne, number wp2017n15, Jun.
• Jair N. Ojeda-Joya & Oscar E. Guzman, 2017, "The Size of Fiscal Multipliers and the Stance of Monetary Policy in Developing Economies," IEER Working Papers, Institute of Empirical Economic Research, Osnabrueck University, number 106, Jun.
• Cars Hommes & Domenico Massaro & Matthias Weber, 2017, "Monetary Policy under Behavioral Expectations: Theory and Experiment," Bank of Lithuania Working Paper Series, Bank of Lithuania, number 42, Mar.
• Kang, Wensheng & Ratti, Ronald. A. & Vespignani, Joaquin, 2016, "The implications of liquidity expansion in China for the US dollar," Working Papers, University of Tasmania, Tasmanian School of Business and Economics, number 2016-02, Feb.
• Kristin Forbes & Lewis Kirkham & Konstantinos Theodoridis, 2017, "A trendy approach to UK inflation dynamics," Discussion Papers, Monetary Policy Committee Unit, Bank of England, number 49, Jun.
• Item repec:spo:wpmain:info:hdl:2441/6m0bv06f219euqrh92910rst87 is not listed on IDEAS anymore

• Item repec:spo:wpmain:info:hdl:2441/3vuuavnjhi9ghbgj75gq519ge1 is not listed on IDEAS anymore

• Jan Libich, 2017, "Unpleasant Monetarist Arithmetic: Macroprudential Edition," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2017-40, Jun.
• Pedro Gomis-Porqueras & Christopher J. Waller, 2017, "Optimal Taxes Under Private Information: The Role of the Inflation," Working Papers, Federal Reserve Bank of St. Louis, number 2017-014, May, revised 20 Aug 2020, DOI: 10.20955/wp.2017.014.
• Lahura, Erick, 2017, "Monetary Aggregates and Monetary Policy in Peru," Working Papers, Banco Central de Reserva del Perú, number 2017-003, Jun.
• Anh Dinh Minh Nguyen, 2017, "U.K. Monetary Policy under Inflation Targeting," Bank of Lithuania Working Paper Series, Bank of Lithuania, number 41, Mar.
• Francesca Rondina, 2017, "The Impact of Oil Price Changes in a New Keynesian Model of the U.S. Economy," Working Papers, University of Ottawa, Department of Economics, number 1709E.
• Kang, Wensheng & Ratti, Ronald. A. & Vespignani, Joaquin, 2016, "Global uncertainty and the global economy: Decomposing the impact of uncertainty shocks," Working Papers, University of Tasmania, Tasmanian School of Business and Economics, number 2016-01, Jan.
• Adeel Malik, 2017, "The Political Economy of Macroeconomic Policy in Arab Resource- Rich Economies," Working Papers, Economic Research Forum, number 1117, Jun, revised 07 Jun 2017.
• Doi, Jonas Takayuki & Fernandes, Marcelo & Nunes, Clemens V. de Azevedo, 2017, "Disagreement in inflation forecasts and inflation risk premia in Brazil," Textos para discussão, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil), number 453.
• Reis, Ricardo, 2015, "Comment on: “when does a central bank’s balance sheet require fiscal support?” by Marco Del Negro and Christopher A. Sims," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 65867, Jul.
• Kang, Wensheng & Ratti, Ronald. A. & Vespignani, Joaquin, 2016, "The impact of oil price shocks on the US stock market: A note on the roles of the US and non-US oil production," Working Papers, University of Tasmania, Tasmanian School of Business and Economics, number 2016-03, Mar.
• Egle Jakucionyte, 2017, "Personal Bankruptcy, Bank Portfolio Choice and the Macroeconomy," Bank of Lithuania Working Paper Series, Bank of Lithuania, number 44, Apr.
• Santos, Susana, 2017, "An approach to the structural features of the socio-economic activity of a country based on a Social Accounting Matrix.Evidences and multiplier effects on distribution of income," MPRA Paper, University Library of Munich, Germany, number 79727, Jun.
• Naseer, Areef Ahmed & Masih, Mansur, 2016, "Expect the unexpected: housing price bubble on the horizon in Malaysia," MPRA Paper, University Library of Munich, Germany, number 79721, Dec.
• Item repec:idb:brikps:97076 is not listed on IDEAS anymore

• Isaev, Mirolim & Masih, Mansur, 2017, "Macroeconomic and bank-specific determinants of different categories of non-performing financing in Islamic banks: Evidence from Malaysia," MPRA Paper, University Library of Munich, Germany, number 79719, Jun.
• Michael Donadelli & Patrick Gruning, 2017, "Innovation Dynamics and Fiscal Policy: Implications for Growth, Asset Prices, and Welfare," Bank of Lithuania Working Paper Series, Bank of Lithuania, number 43, Apr.
• CARPANTIER Jean-François & OLIVERA Javier & VAN KERM Philippe, 2017, "Macroprudential Policy and Household Wealth Inequality," LISER Working Paper Series, Luxembourg Institute of Socio-Economic Research (LISER), number 2017-09, Jun.
• Eckhard Hein, 2017, "Post-Keynesian macroeconomics since the mid-1990s - main developments," FMM Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute, number 01-2017.
• Waldo Mendoza Bellido & Erika Collantes Goicochea, 2017, "La economía de PPK. Promesas y resultados: la distancia que los separa," Documentos de Trabajo / Working Papers, Departamento de Economía - Pontificia Universidad Católica del Perú, number 2017-440.
• Giuliano Curatola & Michael Donadelli & Patrick Gruning & Christoph Meinerding, 2016, "Investment-Specific Shocks, Business Cycles, and Asset Prices," Bank of Lithuania Working Paper Series, Bank of Lithuania, number 36, Nov.
• Lim, Siok Jin & Masih, Mansur, 2017, "Exploring portfolio diversification opportunities in Islamic capital markets through bitcoin: evidence from MGARCH-DCC and Wavelet approaches," MPRA Paper, University Library of Munich, Germany, number 79752, Jun.
• Gondo, Rocío & Vega, Marco, 2017, "The Dynamics of Investment Projects: Evidence from Peru," Working Papers, Banco Central de Reserva del Perú, number 2017-006, Jun.
• Sebastian Gechert & Rafael Mentges, 2017, "Financial Cycles and fiscal multipliers," FMM Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute, number 04-2017.
• Khromov Mikhail, 2017, "Russia’s banking sector in 2016," Published Papers, Gaidar Institute for Economic Policy, number ppaper-2017-272, revised 2017.
• Razak, Razman & Masih, Mansur, 2017, "The links between crude palm oil, conventional and Islamic stock markets: evidence from Malaysia based on continuous and discrete wavelet analysis," MPRA Paper, University Library of Munich, Germany, number 79717, Jun.
• Richard A. Brecher & Till Gross, 2017, "Unemployment and Income-Distribution Effects of Economic Growth: A Minimum-Wage Analysis with Optimal Saving," Carleton Economic Papers, Carleton University, Department of Economics, number 17-08, Jun, revised 14 Jul 2017.
• Item repec:imf:imfscr:17/147 is not listed on IDEAS anymore

• Peter L. Rousseau & Paul Wachtel, 2017, "Episodes of financial deepening: credit booms or growth generators?," Vanderbilt University Department of Economics Working Papers, Vanderbilt University Department of Economics, number 17-00009, Jun.
• Cuéllar Martín, Jaime & Martín-Román, Ángel L. & Moral, Alfonso, 2017, "A composed error model decomposition and spatial analysis of local unemployment," MPRA Paper, University Library of Munich, Germany, number 79783, Jun.
• DO ANGO, Simplicio & AMBA OYON, Claude Marius, 2016, "A PANIC Attack on Inflation and Unemployment in Africa: Analysis of Persistence and Convergence," MPRA Paper, University Library of Munich, Germany, number 79685.
• Broni, Mohammed Yaw & Masih, Mansur, 2017, "Does a country’s external debt level affect its Islamic banking sector development? evidence from Malaysia based on quantile regression and markov regime switching," MPRA Paper, University Library of Munich, Germany, number 79758, Jun.
• Abdi, Aisha Aden & Masih, Mansur, 2017, "Do macroeconomic variables affect stock–sukuk correlation in the regional markets? evidence from the GCC countries based on DOLS and FM-OLS," MPRA Paper, University Library of Munich, Germany, number 79753, Jun.
• Hosen, Mosharrof & Masih, Mansur, 2017, "Are Islamic risk factors blessings or curse for stock return? evidence from Malaysia based on dynamic GMM and quantile regression approaches," MPRA Paper, University Library of Munich, Germany, number 79738, Jun.
• Francis Leni Anguyo & Rangan Gupta & Kevin Kotze, 2017, "Monetary Policy, Financial Frictions and Structural Changes: A Markov-Switching DSGE approach," School of Economics Macroeconomic Discussion Paper Series, School of Economics, University of Cape Town, number 2017-05.
• Item repec:spo:wpmain:info:hdl:2441/6tr1nod75s8ica439nb3qggf7q is not listed on IDEAS anymore

• Item repec:eus:wpaper:ec0217 is not listed on IDEAS anymore

• Christos Shiamptanis, 2017, "Austerity Measures: Do they avert solvency crises?," LCERPA Working Papers, Laurier Centre for Economic Research and Policy Analysis, number 0103, Jun, revised 19 Jun 2017.
• Bruce Carlin & William Mann, 2017, "Finance, farms, and the Fed's early years," NBER Working Papers, National Bureau of Economic Research, Inc, number 23511, Jun.
• Item repec:spo:wpmain:info:hdl:2441/75fsoo4rte8ssb1kq0o5g46mcg is not listed on IDEAS anymore

• Andrés Camilo Cortés Gómez, 2017, "La sharing economy y sus efectos en el mercado del trabajo," Econógrafos, Escuela de Economía, Universidad Nacional de Colombia, FCE, CID, number 15632, Jun.
• James B. Bullard, 2017, "Current Growth, Inflation and Price Level Developments in the U.S.: a presentation at Keio University, Tokyo, Japan. May 26, 2017," Speech, Federal Reserve Bank of St. Louis, number 286, May.
• Item repec:vie:viennp:1704 is not listed on IDEAS anymore

• Povilas Lastauskas & Julius Stakenas, 2016, "Openness and Structural Labour Market Reforms: Counterfactuals for Lithuania," Bank of Lithuania Discussion Paper Series, Bank of Lithuania, number 1, Aug.
• Polezhaeva Natalia, 2017, "Financial market regulation 2013–2016: new subjects and new requirements," Published Papers, Gaidar Institute for Economic Policy, number ppaper-2017-289, revised 2017.
• Tsukhlo Sergey, 2017, "Russian industrial enterprises in 2016 (on business surveys’ findings)," Published Papers, Gaidar Institute for Economic Policy, number ppaper-2017-278, revised 2017.
• Kamiar Mohaddes & Amany El-Anshasy & Jeffrey B. Nugent, 2017, "Oil, Volatility and Institutions: Cross-Country Evidence From Major Oil Producers," Working Papers, Economic Research Forum, number 1115, 06, revised 06 2017.
• Steven Robins, 2017, "Casting Off: How Ottawa Can Maximize the Value of Canada’s Major Ports and Benefit Taxpayers," e-briefs, C.D. Howe Institute, number 259, Jun.
• Vega, Marco & Chávez, Joselin, 2017, "Propagación de Choques de Encaje en el Sistema Bancario Peruano," Working Papers, Banco Central de Reserva del Perú, number 2017-004, Jun.
• Ibrahim Elbadawi & Mohamed Goaied & Moez Ben Tahar, 2017, "Fiscal- Monetary Interdependence and Exchange Rate Regimes in Oil Dependent Arab Economies," Working Papers, Economic Research Forum, number 1116, Jun, revised 07 Jun 2017.
• Stefan Neuwirth, 2017, "Time-varying mixed frequency forecasting: A real-time experiment," KOF Working papers, KOF Swiss Economic Institute, ETH Zurich, number 17-430, Jun, DOI: 10.3929/ethz-b-000164847.
• Item repec:imf:imfscr:17/150 is not listed on IDEAS anymore

• Bhatt, Vipul & Kishor, Kundan & Marfatia, Hardik, 2017, "Estimating excess sensitivity and habit persistence in consumption using Greenbook forecast as an instrument," MPRA Paper, University Library of Munich, Germany, number 79748, Jun.
• Item repec:idb:brikps:96379 is not listed on IDEAS anymore

• Dean Corbae & Pablo D'Erasmo, 2017, "Reorganization or Liquidation: Bankruptcy Choice and Firm Dynamics," NBER Working Papers, National Bureau of Economic Research, Inc, number 23515, Jun.
• Kashiwabara, Chie, 2017, "Rural bank mergers/consolidations in the Philippines : a preliminary study," IDE Discussion Papers, Institute of Developing Economies, Japan External Trade Organization(JETRO), number 651, Mar.
• Irina Syssoyeva-Masson & João de Sousa Andrade, 2017, "The Effect of Public Debt on Growth in Multiple Regimes in the Presence of Long-Memory and Non-Stationary Debt Series," CeBER Working Papers, Centre for Business and Economics Research (CeBER), University of Coimbra, number 2017-07, Jun.
• Carvalho, Carlos Viana de & Masini, Ricardo Pereira & Medeiros, Marcelo C., 2017, "Arco: an artificial counterfactual approach for high-dimensional panel time-series data," Textos para discussão, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil), number 454.
• Jeffrey A. Frankel, 2017, "The Currency-Plus-Commodity Basket: A Proposal for Exchange Rates in Oil-exporting Countries to Accommodate Trade Shocks Automatically," Working Papers, Economic Research Forum, number 1111, 06, revised 06 2017.
• Bande, Roberto & Martín-Román, Ángel L., 2017, "Regional differences in the Okun’s Relationship: New Evidence for Spain (1980-2015)," MPRA Paper, University Library of Munich, Germany, number 79833, Jun.
• Kyungmin Kim, 2017, "A Price-Differentiation Model of the Interbank Market and Its Application to a Financial Crisis," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2017-065, Jun, DOI: 10.17016/FEDS.2017.065.
• Gustav A. Horn & Fabian Lindner & Sabine Stephan, 2017, "The Role of nominal wages in trade and current account surpluses," IMK Report, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute, number 125e-2017.
• Joseph P. Byrne & Marco Lorusso & Bing Xu, 2017, "Oil Prices and Informational Frictions: The Time-Varying Impact of Fundamentals and Expectations," CEERP Working Paper Series, Centre for Energy Economics Research and Policy, Heriot-Watt University, number 006, Jun.
• Rasa Stasiukynaite, 2017, "Understanding Monetary Policy Stance," Bank of Lithuania Occasional Paper Series, Bank of Lithuania, number 14, Mar.
• Item repec:imf:imfscr:17/148 is not listed on IDEAS anymore

• Item repec:imf:imfscr:17/149 is not listed on IDEAS anymore

• Item repec:imf:imfscr:17/146 is not listed on IDEAS anymore

• Justine Pedrono & Aurélien Violon, 2017, "Banks' leverage Procyclicality: Does Currency Diversification Matter?," Working Papers, CEPII research center, number 2017-09, Jun.
• Item repec:imf:imfwpa:17/130 is not listed on IDEAS anymore

• Nils Herger, 2017, "An empirical assessment of the Swedish Bullionist Controversy," Working Papers, Swiss National Bank, Study Center Gerzensee, number 17.01, Jun.
• Umirah, Fatin & Masih, Mansur, 2017, "Should the Malaysian Islamic stock market investors invest in regional and international equity market to gain portfolio diversification benefits ?," MPRA Paper, University Library of Munich, Germany, number 79762, Jun.
• Item repec:imf:imfwpa:17/131 is not listed on IDEAS anymore

• Item repec:spo:wpmain:info:hdl:2441/4becfeb5av97abu32kpfiu3srd is not listed on IDEAS anymore

• Item repec:spo:wpmain:info:hdl:2441/5pidfbl3vc8nio3qg56ng4561s is not listed on IDEAS anymore

• Jochen Hartwig, 2017, "The comparative statics of effective demand," FMM Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute, number 03-2017.

Report NEP-MAC-2017-06-25

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: