Report NEP-MAC-2017-07-23

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:

• Gerke, Rafael & Giesen, Sebastian & Kienzler, Daniel & Tenhofen, Jörn, 2017, "Interest-rate pegs, central bank asset purchases and the reversal puzzle," Discussion Papers, Deutsche Bundesbank, number 21/2017.
• Maddalena Galardo & Cinzia Guerrieri, 2017, "The effects of central bank’s verbal guidance: evidence from the ECB," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1129, Jul.
• Nadim Ahmad & Jennifer Ribarsky & Marshall Reinsdorf, 2017, "Can potential mismeasurement of the digital economy explain the post-crisis slowdown in GDP and productivity growth?," OECD Statistics Working Papers, OECD Publishing, number 2017/9, Jul, DOI: 10.1787/a8e751b7-en.
• Guido Bulligan & Lorenzo Burlon & Davide Delle Monache & Andrea Silvestrini, 2017, "Real and financial cycles: estimates using unobserved component models for the Italian economy," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 382, Jul.
• Guido Bulligan & Fabio Busetti & Michele Caivano & Pietro Cova & Davide Fantino & Alberto Locarno & Lisa Rodano, 2017, "The Bank of Italy econometric model: an update of the main equations and model elasticities," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1130, Jul.
• Kenza Benhima & Céline Poilly, 2017, "Do Misperceptions about Demand Matter? Theory and Evidence," Cahiers de Recherches Economiques du Département d'économie, Université de Lausanne, Faculté des HEC, Département d’économie, number 17.08, May.
• Kristin Forbes & Ida Hjortsoe & Tsvetelina Nenova, 2017, "Shocks versus structure: explaining differences in exchange rate pass-through across countries and time," Discussion Papers, Monetary Policy Committee Unit, Bank of England, number 50, Jul.
• Annette Meinusch, 2017, "When the Fed sneezes - Spillovers from U.S. Monetary Policy to Emerging Markets," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 201730.
• Jean-Francois Carpantier & Javier Olivera & Philippe Van Kerm, 2017, "Macroprudential policy and household wealth inequality," Working Papers, ECINEQ, Society for the Study of Economic Inequality, number 442, Jun.
• Atsushi Sekine & Takayuki Tsuruga, 2017, "Effects of Commodity Price Shocks on Inflation: A Cross-Country Analysis," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2017-45, Jul.
• Michael Boutros & Jonathan Witmer, 2017, "Monetary Policy Implementation in a Negative Rate Environment," Staff Working Papers, Bank of Canada, number 17-25, DOI: 10.34989/swp-2017-25.
• James Morley & Benjamin Wong, 2017, "Estimating and Accounting for the Output Gap with Large Bayesian Vector Autoregressions," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2017-46, Jul.
• Gerke, Rafael & Hauzenberger, Klemens, 2017, "The Fisher paradox: A primer," Discussion Papers, Deutsche Bundesbank, number 20/2017.
• Razmi, Fatemeh & M., Azali & Chin, Lee & Habibullah, Muzafar Shah, 2017, "How Does Monetary Policy Affect Economic Vulnerability to Oil Price Shock as against US Economy Shock?," MPRA Paper, University Library of Munich, Germany, number 79079.
• Antonio Diez de los Rios & Maral Shamloo, 2017, "Quantitative Easing and Long-Term Yields in Small Open Economies," Staff Working Papers, Bank of Canada, number 17-26, DOI: 10.34989/swp-2017-26.
• Ellahie, Atif & Ricco, Giovanni, 2017, "Government Purchases Reloaded : Informational Insufficiency and Heterogeneity in Fiscal VARs," The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics, number 1138.
• Gambacorta, Leonardo & Altunbas, Yener & Binici, Mahir, 2017, "Macroprudential policy and bank risk," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12138, Jul.
• Kovačić, Zlatko & Vilotić, Miloš, 2017, "Assessing European business cycles synchronization," MPRA Paper, University Library of Munich, Germany, number 79990, May.
• Ngotran, Duong, 2017, "The E-Monetary Theory," MPRA Paper, University Library of Munich, Germany, number 80207, Jul.
• Steven Ongena & Ibolya Schindele & Dzsamila Vonnák, 2017, "In Lands of Foreign Currency Credit, Bank Lending Channels Run Through?," MNB Working Papers, Magyar Nemzeti Bank (Central Bank of Hungary), number 2017/6.
• Item repec:imf:imfscr:17/192 is not listed on IDEAS anymore

• Rangan Gupta & Marian Risse & David A. Volkman & Mark E. Wohar, 2017, "The Role of Term Spread and Pattern Changes in Predicting Stock Returns and Volatility of the United Kingdom: Evidence from a Nonparametric Causality-in-Quantiles Test Using Over 250 Years of Data," Working Papers, University of Pretoria, Department of Economics, number 201755, Jul.
• Melisso Boschi & Stefano d'Addona, 2017, "The Stability of Tax Elasticities over the Business Cycle in European Countries," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2017-44, Jul.
• Russell Wong & Cathy Zhang & Guillaume Rocheteau, 2017, "Lending Relationships, Banking Crises and Optimal Monetary Policies," 2017 Meeting Papers, Society for Economic Dynamics, number 152.
• Item repec:imf:imfscr:17/168 is not listed on IDEAS anymore

• László Békési & Lorant Kaszab & Szabolcs Szentmihályi, 2017, "The EAGLE model for Hungary - a global perspective," MNB Working Papers, Magyar Nemzeti Bank (Central Bank of Hungary), number 2017/7.
• Olivier Coibion & Yuriy Gorodnichenko & Mauricio Ulate, 2017, "The Cyclical Sensitivity in Estimates of Potential Output," NBER Working Papers, National Bureau of Economic Research, Inc, number 23580, Jul.
• Efraim Benmelech & Adam Guren & Brian T. Melzer, 2017, "Making the House a Home: The Stimulative Effect of Home Purchases on Consumption and Investment," NBER Working Papers, National Bureau of Economic Research, Inc, number 23570, Jul.
• Alessandro Borin & Virginia Di Nino & Michele Mancini & Massimo Sbracia, 2017, "The cyclicality of the income elasticity of trade," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1126, Jul.
• Giancarlo Corsetti & Eleonora Mavroeidi & Gregory Thwaites & Martin Wolf, 2017, "Step away from the zero lower bound: small open economies in a world of secular stagnation," Bank of England working papers, Bank of England, number 666, Jul.
• Item repec:imf:imfscr:17/173 is not listed on IDEAS anymore

• Item repec:imf:imfscr:17/166 is not listed on IDEAS anymore

• Juan Carlos Conesa & Timothy J. Kehoe, 2017, "Productivity, Taxes, and Hours Worked in Spain: 1970–2015," NBER Working Papers, National Bureau of Economic Research, Inc, number 23592, Jul.
• Mihov, Ilian & Heipertz, Jonas & Santacreu, Ana, 2017, "The Exchange Rate as an Instrument of Monetary Policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12137, Jul.
• Martin Seneca, 2017, "Risk Shocks Close to the Zero Lower Bound," 2017 Meeting Papers, Society for Economic Dynamics, number 107.
• Ravazzolo, Francesco & Vespignani, Joaquin, 2017, "World steel production: A new monthly indicator of global real economic activity," Working Papers, University of Tasmania, Tasmanian School of Business and Economics, number 2017-08.
• Saskia ter Ellen & Cars H. Hommes & Remco C.J. Zwinkels, 2017, "Comparing behavioural heterogeneity across asset classes," Working Paper, Norges Bank, number 2017/12, Jun.
• Luca Fornaro, 2017, "Aggregate Demand Externalities in a Global Liquidity Trap," 2017 Meeting Papers, Society for Economic Dynamics, number 139.
• Item repec:imf:imfscr:17/186 is not listed on IDEAS anymore

• Mirko Djukic & Tibor Hledik & Jiri Polansky & Ljubica Trajcev & Jan Vlcek, 2017, "A DSGE Model with Financial Dollarization - the Case of Serbia," Working Papers, Czech National Bank, Research and Statistics Department, number 2017/02, Jun.
• Seppo Honkapohja & Kaushik Mitra & George Evans, 2017, "Expectations, Stagnation and Fiscal Policy," 2017 Meeting Papers, Society for Economic Dynamics, number 160.
• Podlich, Natalia & Schnabel, Isabel & Tischer, Johannes, 2017, "Banks' trading after the Lehman crisis: The role of unconventional monetary policy," Discussion Papers, Deutsche Bundesbank, number 19/2017.
• Sebastian Di Tella, 2017, "Optimal Regulation of Financial Intermediaries," NBER Working Papers, National Bureau of Economic Research, Inc, number 23586, Jul.
• Item repec:imf:imfscr:17/185 is not listed on IDEAS anymore

• Item repec:imf:imfscr:17/194 is not listed on IDEAS anymore

• Link, Thomas & Neyer, Ulrike, 2017, "Friction-induced interbank rate volatility under alternative interest corridor systems," DICE Discussion Papers, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE), number 259.
• Item repec:imf:imfscr:17/197 is not listed on IDEAS anymore

• Gabriel Chodorow-Reich, 2017, "Geographic Cross-Sectional Fiscal Spending Multipliers: What Have We Learned?," NBER Working Papers, National Bureau of Economic Research, Inc, number 23577, Jul.
• Christian Groth & Jakub Growiec, 2017, "Do MincerianWage Equations Inform How Schooling Influences Productivity?," Discussion Papers, University of Copenhagen. Department of Economics, number 17-12, Jul.
• Leonardo Melosi & Francesco Bianchi, 2017, "The Dire Effects of the Lack of Monetary and Fiscal Coordination," 2017 Meeting Papers, Society for Economic Dynamics, number 110.
• Simon Mongey, 2017, "Market Structure and Monetary Non-Neutrality," 2017 Meeting Papers, Society for Economic Dynamics, number 184.
• Item repec:imf:imfwpa:17/149 is not listed on IDEAS anymore

• Checo, Ariadne & Mejía, Mariam & Ramírez, Francisco A., 2017, "El rol de los regímenes de precipitaciones sobre la dinámica de precios y actividad del sector agropecuario de la República Dominicana durante el período 2000-2016
  [The role of rainfall regimes on ," MPRA Paper, University Library of Munich, Germany, number 80301, Apr.
• Item repec:imf:imfscr:17/180 is not listed on IDEAS anymore

• Miho Sunaga, 2017, "Capital Adequacy Requirements and Financial Frictions in a Neoclassical Growth Model," Discussion Papers in Economics and Business, Osaka University, Graduate School of Economics, number 17-21, Jul.
• Radek Stefanski, 2017, "Velocity in the Long Run: Money and Structural Transformation," 2017 Meeting Papers, Society for Economic Dynamics, number 168.
• Item repec:imf:imfscr:17/176 is not listed on IDEAS anymore

• Diana Zigraiova & Petr Jakubik, 2017, "Updating the Ultimate Forward Rate over Time: A Possible Approach," Working Papers, Czech National Bank, Research and Statistics Department, number 2017/03, Jun.
• Aiginger, Karl & Handler, Heinz, 2017, "Europe taking the lead in responsible globalisation," Economics Discussion Papers, Kiel Institute for the World Economy, number 2017-42.
• Item repec:imf:imfwpa:17/140 is not listed on IDEAS anymore

• Item repec:imf:imfwpa:17/151 is not listed on IDEAS anymore

• Item repec:imf:imfscr:17/160 is not listed on IDEAS anymore

• Item repec:imf:imfscr:17/175 is not listed on IDEAS anymore

• Vidya Sukumara Panicker & Sumit Mitra & Rajesh Srinivas Upadhyayula, 2018, "Ownership in Emerging Market Firms and International investments: Board independence and CEO duality as Moderators," Working papers, Indian Institute of Management Kozhikode, number 252, Feb.
• Item repec:imf:imfscr:17/182 is not listed on IDEAS anymore

• Item repec:imf:imfscr:17/155 is not listed on IDEAS anymore

• Forni, Mario & Gambetti, Luca & Sala, Luca, 2017, "News, Uncertainty and Economic Fluctuations," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12139, Jul.
• Cortez, Willy W. & Islas-Camargo, Alejandro, 2017, "Delincuencia, Pobreza y Crecimiento Económico en México, ¿existe una relación asimétrica?
  [Delinquency, Poverty and Economic Growth in Mexico, is there an asymmetric relationship?]," MPRA Paper, University Library of Munich, Germany, number 80258, Feb, revised May 2017.
• Item repec:imf:imfscr:17/190 is not listed on IDEAS anymore

• António Afonso & Mina Kazemi, 2017, "Euro area sovereign yields and the power of QE," Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa, number 2017/12, Jun.
• Item repec:imf:imfscr:17/154 is not listed on IDEAS anymore

• Item repec:imf:imfscr:17/158 is not listed on IDEAS anymore

• Bak, Céline & Bhattacharya, Amar & Edenhofer, Ottmar & Knopf, Brigitte, 2017, "Towards a comprehensive approach to climate policy, sustainable infrastructure, and finance," Economics Discussion Papers, Kiel Institute for the World Economy, number 2017-41.
• Item repec:dnb:dnbwpp:562 is not listed on IDEAS anymore

• Item repec:imf:imfscr:17/156 is not listed on IDEAS anymore

• Item repec:imf:imfscr:17/165 is not listed on IDEAS anymore

• Strulik, Holger, 2017, "Smoking kills: An economic theory of addiction, health deficit accumulation, and longevity," University of Göttingen Working Papers in Economics, University of Goettingen, Department of Economics, number 316.
• Emanuele Russo, 2017, "Harrodian instability in decentralized economies: an agent-based approach," LEM Papers Series, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy, number 2017/17, Jul.
• Item repec:imf:imfscr:17/171 is not listed on IDEAS anymore

• Germán Gutiérrez & Thomas Philippon, 2017, "Declining Competition and Investment in the U.S," NBER Working Papers, National Bureau of Economic Research, Inc, number 23583, Jul.
• Item repec:imf:imfscr:17/177 is not listed on IDEAS anymore

• Item repec:imf:imfscr:17/163 is not listed on IDEAS anymore

• Item repec:imf:imfscr:17/189 is not listed on IDEAS anymore

• Christine Whitehead & Peter Williams, 2017, "Changes in the regulation and control of mortgage markets and access to owner-occupation among younger households," OECD Social, Employment and Migration Working Papers, OECD Publishing, number 196, Jul, DOI: 10.1787/e16ab00e-en.
• Anil Savio Kavuri & Warwick J. McKibbin, 2017, "Technology and leisure: Macroeconomic Implications," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2017-43, Jul.
• Viacheslav Sheremirov & Thuy Lan Nguyen & Wataru Miyamoto, 2017, "The Effects of Government Spending on Real Exchange Rates: Evidence from Military Spending Panel Data," 2017 Meeting Papers, Society for Economic Dynamics, number 117.
• Stella Xiuhua Huangfu & Hongfei Sun & Chenggang Zhou & Mei Dong, 2017, "A Macroeconomic Theory of Banking Oligopoly," 2017 Meeting Papers, Society for Economic Dynamics, number 191.
• Item repec:imf:imfscr:17/170 is not listed on IDEAS anymore

• Giovanni D'Alessio, 2017, "Well-being, the socio-economic context and price differences: the North-South gap," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 385, Jul.
• DOMBOU T., Dany R., 2017, "Liberté économique et entrepreneuriat en ASS : une approche par le genre
  [Economic freedom and entrepreneurship in SSA: a gender approach]," MPRA Paper, University Library of Munich, Germany, number 80242, May.
• Kinghan, Christina & Lyons, Paul & McCarthy, Yvonne & O'Toole, Conor, 2017, "Macroprudential Measures and Irish Mortgage Lending: An Overview of Lending in 2016," Economic Letters, Central Bank of Ireland, number 06/EL/17, May.
• Zachary Bethune & Tai-Wei Hu & Guillaume Rocheteau, 2017, "Online Appendix to "Optimal Credit Cycles"," Online Appendices, Review of Economic Dynamics, number 17-63.

Report NEP-MAC-2017-07-23

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: