Report NEP-MAC-2017-07-02

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:

• Yoshihiko Hogen & Ko Miura & Koji Takahashi, 2017, "Large Firm Dynamics and Secular Stagnation: Evidence from Japan and the U.S," Bank of Japan Working Paper Series, Bank of Japan, number 17-E-8, Jun.
• Carrillo Julio A. & Mendoza Enrique G. & Nuguer Victoria & Roldán-Peña Jessica, 2017, "Tight Money-Tight Credit: Coordination Failure in the Conduct of Monetary and Financial Policies," Working Papers, Banco de México, number 2017-10, Jun.
• Eckhard Hein, 2017, "Stagnation policy in the Eurozone and economic policy alternatives: A Steindlian/neo-Kaleckian perspective," Working Papers, Sapienza University of Rome, DISS, number 10/17, Jun.
• Flaschel, Peter & Charpe, Matthieu & Galanis, Giorgos & Proaño Acosta, Christian & Veneziani, Roberto, 2017, "Macroeconomic and stock market interactions with endogenous aggregate sentiment dynamics," BERG Working Paper Series, Bamberg University, Bamberg Economic Research Group, number 125.
• Item repec:rza:wpaper:682 is not listed on IDEAS anymore

• Jonas E. Arias & Guido Ascari & Nicola Branzoli & Efrem Castelnuovo, 2017, "Positive Trend Inflation And Determinacy In A Medium-Sized New Keynesian Model," Working Papers, Federal Reserve Bank of Philadelphia, number 17-16, Jun.
• John G. Fernald & Robert E. Hall & James H. Stock & Mark W. Watson, 2017, "The Disappointing Recovery of Output after 2009," NBER Working Papers, National Bureau of Economic Research, Inc, number 23543, Jun.
• Dahem, Ahlem & Skander, Slim & Fatma, Siala Guermazi, 2017, "Time Varying VAR Analysis for Disaggregated Exchange Rate Pass-through in Tunisia," MPRA Paper, University Library of Munich, Germany, number 79759, revised 2017.
• Lorenza Rossi & Emilio Zanetti Chini, 2017, "Firms' Dynamics and Business Cycle: New Disaggregated Data," DEM Working Papers Series, University of Pavia, Department of Economics and Management, number 141, Jun.
• Nathan S. Balke & Enrique Martínez García & Zheng Zeng, 2017, "Understanding the Aggregate Effects of Credit Frictions and Uncertainty," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 317, Jun, DOI: 10.24149/gwp317r1.
• Bofinger, Peter & Ries, Mathias, 2017, "Excess saving and low interest rates: Theory and empirical evidence," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12111, Jun.
• Tyrefors, Björn & Lindgren, Erik & Pettersson-Lidbom, Per, 2017, "The Political Economics of Growth, Labor Control and Coercion: Evidence from a Suffrage Reform," Working Paper Series, Research Institute of Industrial Economics, number 1172, Jun, revised 24 Sep 2019.
• Tyrefors Hinnerich, Bjorn & Lindgren, Erik & Pettersson-Lidbom, Per, 2017, "Political Power, Resistance to Technological Change and Economic Development: Evidence from the 19th century Sweden," Research Papers in Economics, Stockholm University, Department of Economics, number 2017:5, Jun.
• Mark A. Wynne & Ren Zhang, 2017, "Estimating the Natural Rate of Interest in an Open Economy," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 316, Jun, DOI: 10.24149/gwp316.
• Mark Setterfield, 2017, "Modern (American) Capitalism: A Three Act Tragedy," Working Papers, New School for Social Research, Department of Economics, number 1722, Jun.
• Jeff Fuhrer, 2017, "Japanese and U.S. Inflation Dynamics in the 21st Century," IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan, number 17-E-05, Jun.
• Łukasz Rawdanowicz & Mohamed Hammouch & Makoto Kasai, 2017, "The fall in real long-term government bond yields: Disentangling different drivers," OECD Economics Department Working Papers, OECD Publishing, number 1398, Jun, DOI: 10.1787/cb1ff201-en.
• Mark A. Wynne & Ren Zhang, 2017, "Measuring the World Natural Rate of Interest," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 315, Jun, DOI: 10.24149/gwp315.
• Burda, Michael & Almosova, Anna & Voigts, Simon, 2017, "Social Security Contributions and the Business Cycle," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12096, Jun.
• Masazumi Hattori & James Yetman, 2017, "The evolution of inflation expectations in Japan," BIS Working Papers, Bank for International Settlements, number 647, Jun.
• Nittai K. Bergman & Rajkamal Iyer & Richard T. Thakor, 2017, "The Effect of Cash Injections: Evidence from the 1980s Farm Debt Crisis," NBER Working Papers, National Bureau of Economic Research, Inc, number 23546, Jun.
• Paolo Piacentini, 2017, "Functional “reversal” and dimensional “decoupling” of “finance” and “the real economy”: a reflection on the “Kaleckian” and “Minskian” limits to over-financialization," Working Papers, Sapienza University of Rome, DISS, number 7/17, Jun.
• Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2017, "Monetary Policy According to HANK," IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan, number 17-E-04, Jun.
• Scott Schuh, 2017, "Measuring consumer expenditures with payment diaries," Working Papers, Federal Reserve Bank of Boston, number 17-2, Jan.
• Bagus, Philipp & Howden, David, 2016, "Central Bank Balance Sheet Analysis," MPRA Paper, University Library of Munich, Germany, number 79801.
• Grimme, Christian, 2017, "Uncertainty and the Cost of Bank vs. Bond Finance," MPRA Paper, University Library of Munich, Germany, number 79852, Jun.
• Simionescu, Mihaela & Zimmermann, Klaus F., 2017, "Big Data and Unemployment Analysis," GLO Discussion Paper Series, Global Labor Organization (GLO), number 81.
• Yener Altunbas & Mahir Binici & Leonardo Gambacorta, 2017, "Macroprudential policy and bank risk," BIS Working Papers, Bank for International Settlements, number 646, Jun.
• Item repec:dnb:dnbwpp:559 is not listed on IDEAS anymore

• Hardach, Gerd, 2017, "Sparen in der "Nullzinsphase". Privatanleger und der Kapitalmarkt in Deutschland im Ersten Weltkrieg," IBF Paper Series, IBF – Institut für Bank- und Finanzgeschichte / Institute for Banking and Financial History, Frankfurt am Main, number 02-17.
• Capistrán Carlos & Chiquiar Daniel & Hernández Juan R., 2017, "Identifying Dornbusch's Exchange Rate Overshooting with Structural VECs: Evidence from Mexico," Working Papers, Banco de México, number 2017-11, Jun.
• Wataru Miyamoto & Thuy Lan Nguyen, 2017, "Understanding the Cross-Country Effects of US Technology Shocks," Staff Working Papers, Bank of Canada, number 17-23, DOI: 10.34989/swp-2017-23.
• Item repec:dnb:dnbwpp:557 is not listed on IDEAS anymore

• Item repec:rza:wpaper:688 is not listed on IDEAS anymore

• Martino, Ricci & Patrizio, Tirelli, 2017, "Subprime Mortgages and Banking in a DSGE Model," Working Papers, University of Milano-Bicocca, Department of Economics, number 366, Jun, revised 22 Jun 2017.
• Coenen, Günter & Ehrmann, Michael & Gaballo, Gaetano & Hoffmann, Peter & Nakov, Anton & Nardelli, Stefano & Persson, Eric & Strasser, Georg, 2017, "Communication of monetary policy in unconventional times," Working Paper Series, European Central Bank, number 2080, Jun.
• Dong Jin Lee & Minchul Shin & Boyuan Zhang & Molin Zhong, 2017, "Measuring International Uncertainty : The Case of Korea," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2017-066, Jun, DOI: 10.17016/FEDS.2017.066.
• Item repec:dnb:dnbwpp:558 is not listed on IDEAS anymore

• Gambacorta, Leonardo & Agénor, Pierre-Richard & Kharroubi, Enisse & Lombardo, Giovanni & Pereira da Silva, Luiz A., 2017, "The International Dimensions of Macroprudential Policies," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12108, Jun.
• Nikolaidi, Maria & Stockhammer, Engelbert, 2017, "Minsky models: a structured survey," Greenwich Papers in Political Economy, University of Greenwich, Greenwich Political Economy Research Centre, number 17448, Jun.
• Mathias Drehmann & Mikael Juselius & Anton Korinek, 2017, "Accounting for debt service: the painful legacy of credit booms," BIS Working Papers, Bank for International Settlements, number 645, Jun.
• Belke, Ansgar & Kronen, Dominik, 2017, "The impact of uncertainty on macro variables: An SVAR-based empirical analysis for EU countries," Ruhr Economic Papers, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen, number 699, DOI: 10.4419/86788813.
• Martina Hengge & Seton Leonard, 2017, "Factor Models for Non-Stationary Series: Estimates of Monthly U.S. GDP," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 13-2017, Jun.
• Mirdala, Rajmund & Kameník, Martin, 2017, "Effects of Fiscal Policy Shocks in CE3 Countries (TVAR Approach)," MPRA Paper, University Library of Munich, Germany, number 79918, Jun.
• Giorgio Canarella & Luis A. Gil-Alaña & Rangan Gupta & Stephen M. Miller, 2017, "Modeling U.S. Historical Time-Series Prices and Inflation Using Various Linear and Nonlinear Long-Memory Approaches," Working papers, University of Connecticut, Department of Economics, number 2017-13, Jun.
• Leo Krippner, 2017, "A Comment on Wu and Xia (2016) from a Macroeconomic Perspective," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2017-41, Jun.
• Dimitrios Bakas & Georgios Chortareas & Georgios Magkonis, 2017, "Volatility and Growth: A not so straightforward relationship," Working Paper series, Rimini Centre for Economic Analysis, number 17-12, Jun.
• Jakub Growiec, 2017, "Factor-specific technology choice," NBP Working Papers, Narodowy Bank Polski, number 265.
• Francesco Ravazzolo & Joaquin Vespignani, 2017, "World Steel Production: A New Monthly Indicator of Global Real Economic Activity," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2017-42, Jun.
• Hein, Eckhard, 2017, "Financialisation and tendencies towards stagnation: The role of macroeconomic regime changes in the course of and after the financial and economic crisis 2007-9," IPE Working Papers, Berlin School of Economics and Law, Institute for International Political Economy (IPE), number 90/2017.
• Yuichiro Matsumoto, 2017, "Product Market Competition and Financial Market Screening," Discussion Papers in Economics and Business, Osaka University, Graduate School of Economics, number 17-14, Jun.
• Mirdala, Rajmund, 2016, "Effects of Fiscal Policy Shocks in the Euro Area (Lessons Learned from Fiscal Consolidation)," MPRA Paper, University Library of Munich, Germany, number 79920, Dec.
• Mihnea Constantinescu & Povilas Lastauskas, 2017, "The Knotty Interplay Between Credit and Housing," Bank of Lithuania Working Paper Series, Bank of Lithuania, number 45, Jun.
• Gabriel Lee & Binh Nguyen Thanh & Johannes Strobel, 2017, "Effects of Macroeconomic Uncertainty and Labor Demand Shocks on the Housing Market," Working Papers, Bavarian Graduate Program in Economics (BGPE), number 170, Jun.
• Georgiadis, Georgios & Jančoková, Martina, 2017, "Financial globalisation, monetary policy spillovers and macro-modelling: tales from 1001 shocks," Working Paper Series, European Central Bank, number 2082, Jun.
• James B. Bullard, 2017, "The Path Forward for U.S. Monetary Policy : a presentation at Illinois Bankers Association Annual Conference, Nashville, Tenn. June 23, 2017," Speech, Federal Reserve Bank of St. Louis, number 287, Jun.
• Mehmet Balcilar & Shinhye Chang & Rangan Gupta & Stephen M. Miller, 2017, "The Relationship between the Inflation Rate and Inequality across U.S. States: A Semiparametric Approach," Working papers, University of Connecticut, Department of Economics, number 2017-14, Jun.
• Li, Cheng, 2017, "China’s Household Balance Sheet: Accounting Issues, Wealth Accumulation, and Risk Diagnosis," MPRA Paper, University Library of Munich, Germany, number 79838, Jun.
• Rangan Gupta & Chi Keung Marco Lau & Stephen M. Miller & Mark E. Wohar, 2017, "U.S. Fiscal Policy and Asset Prices: The Role of Partisan Conflict," Working papers, University of Connecticut, Department of Economics, number 2017-10, Jun.
• Olivier Blanchard & Pedro Portugal, 2017, "Boom, Slump, Sudden stops, Recovery, and Policy Options. Portugal and the Euro," GEE Papers, Gabinete de Estratégia e Estudos, Ministério da Economia, number 0072, Jun, revised Jun 2017.
• Shijaku, Gerti, 2017, "Bank Stability and Competition: Evidence from Albanian Banking Market," MPRA Paper, University Library of Munich, Germany, number 79891, Jun.
• Alfredo Marvão Pereira & Rui Manuel Pereira, 2017, "Infrastructure Investment, Labor Productivity, and International Competitiveness: The Case of Portugal," GEE Papers, Gabinete de Estratégia e Estudos, Ministério da Economia, number 0071, Jun, revised Jun 2017.
• Carine MEYIMDJUI, 2017, "Food Price Shocks and Government Expenditure Composition: Evidence from African Countries," Working Papers, CERDI, number 201703, Feb.
• Chen, Bai & Masih, Mansur, 2017, "Are the Islamic and conventional money markets really highly correlated ? MGARCH-DCC and Wavelet approaches," MPRA Paper, University Library of Munich, Germany, number 79886, Jun.
• Loriana Pelizzon & Matteo Sottocornola, 2016, "The Impact of the Monetary Policy Interventions on the Insurance Industry," EIOPA Financial Stability Report - Thematic Articles, EIOPA, Risks and Financial Stability Department, number 8, Dec.
• J. Christina Wang, 2017, "Banks' search for yield in the low interest rate environment: a tale of regulatory adaptation," Working Papers, Federal Reserve Bank of Boston, number 17-3, Jun.
• Simionescu, Mihaela, 2017, "Prediction intervals for inflation and unemployment rate in Romania. A Bayesian approach," GLO Discussion Paper Series, Global Labor Organization (GLO), number 82.
• Braun, Eduard & Howden, David, 2017, "The Rise and Fall of the Subsistence Fund as a Resource Constraint in Austrian Business Cycle Theory," MPRA Paper, University Library of Munich, Germany, number 79807.
• Dániel Baksa & István Kónya, 2017, "Interest premium and economic growth: the case of CEE," NBP Working Papers, Narodowy Bank Polski, number 266.
• Haliassos, Michael & Jansson, Thomas & Karabulut, Yigitcan, 2017, "Financial Literacy Externalities," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12100, Jun.
• Bukvić, Rajko & Pavlović, Radica & Gajić, Aleksandar, 2017, "Static and Dynamic Indicators in the Analysis of Internal Sources of Companies’ Investments Financing," MPRA Paper, University Library of Munich, Germany, number 79810, revised 2017.
• Zubarev, Andrey (Зубарев, Андрей) & Polbin, Andrey (Полбин, Андрей), 2017, "Scenario Analysis of the Impact of Reducing the Export Duty on Oil on the Russian Economy within the Framework of the General Equilibrium Model
  [Сценарный Анализ Влияния На Российскую Экономику Сни," Working Papers, Russian Presidential Academy of National Economy and Public Administration, number 051734, May.
• Espasa, Antoni & Senra, Eva, 2017, "22 Years of inflation assessment and forecasting experience at the bulletin of EU & US inflation and macroeconomic analysis," DES - Working Papers. Statistics and Econometrics. WS, Universidad Carlos III de Madrid. Departamento de Estadística, number 24678, Jun.
• Petr Jakubik & Diana Zigraiova, 2016, "Updating the Long Term Rate in Time: A Possible Approach," EIOPA Financial Stability Report - Thematic Articles, EIOPA, Risks and Financial Stability Department, number 9, Dec.
• Lehmann-Hasemeyer, Sibylle & Streb, Jochen, 2017, "Does Social Security crowd out Private Savings? The Case of Bismarck’s System of Social Insurance," IBF Paper Series, IBF – Institut für Bank- und Finanzgeschichte / Institute for Banking and Financial History, Frankfurt am Main, number 06-17.
• Lambertini Luisa & Nuguer Victoria & Uysal Pinar, 2017, "Mortgage Default in an Estimated Model of the U.S. Housing Market," Working Papers, Banco de México, number 2017-06, Jun.
• Hugo Rodríguez Mendizábal, 2017, "Narrow Banking with Modern Depository Institutions: Is there a Reason to Panic?," Working Papers, Barcelona School of Economics, number 955, Feb.
• Howden, David, 2017, "The Interest Rate and the Length of Production: A Comment," MPRA Paper, University Library of Munich, Germany, number 79806.
• Carlos Medel, 2017, "Geopolitical Tensions, OPEC News, and Oil Price: A Granger Causality Analysis," Working Papers Central Bank of Chile, Central Bank of Chile, number 805, Jun.
• Laun, Tobias & Wallenius, Johanna, 2017, "Having It All? Employment, Earnings and Children," Working Paper Series, Uppsala University, Department of Economics, number 2017:6, Apr.
• Pinshi, Christian & Mukendi, Christian & Ndombe, Patrick, 2015, "Prévision du coefficient de la réserve obligatoire de la Banque centrale du Congo
  [Forecasting of the coefficient of the reserve requirement of the Central bank of Congo]," MPRA Paper, University Library of Munich, Germany, number 79769, Jul, revised May 2017.
• Isabelle Joumard & Peter Hoeller & Jean-Marc Fournier & Hermes Morgavi, 2017, "Public debt in India: Moving towards a prudent level?," OECD Economics Department Working Papers, OECD Publishing, number 1400, Jun, DOI: 10.1787/853c014a-en.
• Victor Olkhov, 2017, "Non-Local Macroeconomic Transactions and Credits-Loans Surface-Like Waves," Papers, arXiv.org, number 1706.07758, May.
• Groneck, Max & Wallenius, Johanna, 2017, "It Sucks to Be Single! Marital Status and Redistribution of Social Security," SSE Working Paper Series in Economics, Stockholm School of Economics, number 2017:1, Feb.
• Lorenzo Pozzi & Barbara Sadaba, 2017, "Detecting Scapegoat Effects in the Relationship Between Exchange Rates and Macroeconomic Fundamentals," Staff Working Papers, Bank of Canada, number 17-22, DOI: 10.34989/swp-2017-22.
• Yang, Bill Huajian, 2017, "Smoothing Algorithms by Constrained Maximum Likelihood," MPRA Paper, University Library of Munich, Germany, number 79911, Jun.
• Nicoletta Berardi & Patrick Sevestre & Jonathan Thébault, 2017, "The Determinants of Consumer Price Dispersion: Evidence from French Supermarkets," Working papers, Banque de France, number 632.
• Netsanet Haile & Jörn Altmann, 2017, "Evaluating Investments in Portability and Interoperability between Software Service Platforms," TEMEP Discussion Papers, Seoul National University; Technology Management, Economics, and Policy Program (TEMEP), number 2017136, May, revised May 2017.
• Sungyup Chung, 2017, "Age and Gender Group Differences in Employment Responses to Monetary Policy Shock in a Small Open Economy: The Case of Korea," Asia and the Pacific Policy Studies, Crawford School of Public Policy, The Australian National University, number 201715, Mar.
• Item repec:rza:wpaper:684 is not listed on IDEAS anymore

• Müge Adalet McGowan & Dan Andrews & Valentine Millot, 2017, "The Walking Dead?: Zombie Firms and Productivity Performance in OECD Countries," OECD Economics Department Working Papers, OECD Publishing, number 1372, Jan, DOI: 10.1787/180d80ad-en.
• SERGI BASCO & John P. Tang, 2017, "The Samurai Bond: Credit Supply And Economic Growth In Pre-War Japan," CEH Discussion Papers, Centre for Economic History, Research School of Economics, Australian National University, number 05, Jun.
• Ralf R. Meisenzahl, 2017, "Auto Financing During and After the Great Recession," FEDS Notes, Board of Governors of the Federal Reserve System (U.S.), number 2017-06-22-2, Jun, DOI: 10.17016/2380-7172.2015.
• Chen, John-ren, 2017, "The effects of an increase of the energy price on macroeconomic activity: a comparative static approach," Center for Mathematical Economics Working Papers, Center for Mathematical Economics, Bielefeld University, number 35, Apr.
• Petr Jakubik & Dimitris Zafeiris, 2016, "Impact of Mergers and Acquisitions on European Insurers: Evidence from Equity Markets," EIOPA Financial Stability Report - Thematic Articles, EIOPA, Risks and Financial Stability Department, number 7, Jun.

Report NEP-MAC-2017-07-02

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: