Report NEP-MAC-2017-09-17

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:

• Marcello Miccoli & Marianna Riggi & Lisa Rodano & Laura Sigalotti, 2017, "A composite index of inflation tendencies in the euro area," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 395, Sep.
• Maria Teresa Punzi & Katrin Rabitsch, 2017, "Effectiveness of macroprudential policies under borrower heterogeneity," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp253, Sep.
• Jean-François Rouillard, 2017, "Credit Crunch and Downward Nominal Wage Rigidities," Cahiers de recherche, Departement d'économique de l'École de gestion à l'Université de Sherbrooke, number 17-05, Sep, revised Apr 2019.
• Atif Mian & Amir Sufi & Emil Verner, 2017, "How do Credit Supply Shocks Affect the Real Economy? Evidence from the United States in the 1980s," NBER Working Papers, National Bureau of Economic Research, Inc, number 23802, Sep.
• David Hendry & John Muellbauer, 2017, "The future of macroeconomics: Macro theory and models at the Bank of England," Economics Series Working Papers, University of Oxford, Department of Economics, number 832, Sep.
• Thomas McGregor, 2017, "Pricing sovereign debt in resource rich economies," OxCarre Working Papers, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford, number 194, Sep.
• Adam, Klaus & Weber, Henning, 2017, "Optimal trend inflation," Discussion Papers, Deutsche Bundesbank, number 25/2017.
• Lewis, Vivien & Roth, Markus, 2017, "The financial market effects of the ECB's asset purchase programs," Discussion Papers, Deutsche Bundesbank, number 23/2017.
• Sangyup Choi & Davide Furceri & Prakash Loungani & Saurabh Mishra & Marcos Poplawski-Ribeiro, 2017, "Oil Prices and Inflation Dynamics: Evidence from Advanced and Developing Economies," Working papers, Yonsei University, Yonsei Economics Research Institute, number 2017rwp-111, Sep.
• Nachane, Dilip M & Aditi Chaubal, 2017, "The Plutocratic bias in the Indian CPI," Indira Gandhi Institute of Development Research, Mumbai Working Papers, Indira Gandhi Institute of Development Research, Mumbai, India, number 2017-011, Aug.
• Stefano Neri & Giuseppe Ferrero, 2017, "Monetary policy in a low interest rate environment," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 392, Sep.
• Kazuo Mino, 2017, "Sunspot-Driven Business Cycles: An Overview," KIER Working Papers, Kyoto University, Institute of Economic Research, number 973, Jun.
• Kyle F. Herkenhoff & Lee E. Ohanian & Edward C. Prescott, 2017, "Tarnishing the Golden and Empire States: Land-Use Restrictions and the U.S. Economic Slowdown," NBER Working Papers, National Bureau of Economic Research, Inc, number 23790, Sep.
• Gallic, Ewen & Vermandel, Gauthier, 2017, "Weather Shocks, Climate Change and Business Cycles," MPRA Paper, University Library of Munich, Germany, number 81230, Aug.
• Philippopoulos, Apostolis & Varthalitis, Petros & Vassilatos, Vanghelis, 2016, "Fiscal consolidation in an open economy with sovereign premia and without monetary policy independence," MPRA Paper, University Library of Munich, Germany, number 81327.
• DEHMEJ Salim & GAMBACORTA Leonardo, 2017, "Macroprudential Policy in a Monetary Union," Document de travail, Bank Al-Maghrib, Département de la Recherche, number 2017-4, Sep.
• Nelimarkka, Jaakko, 2017, "The effects of government spending under anticipation: the noncausal VAR approach," MPRA Paper, University Library of Munich, Germany, number 81303, Aug.
• Floden, Martin & Kilström, Matilda & Sigurdsson, Jósef & Vestman, Roine, 2017, "Household Debt and Monetary Policy: Revealing the Cash-Flow Channel," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12270, Sep.
• Daniel Kaufmann, 2017, "Is Deflation Costly After All? The Perils of Erroneous Historical Classifications," IRENE Working Papers, IRENE Institute of Economic Research, number 17-09, Sep.
• Ruiz Claudia & Roldán-Peña Jessica & Peydró José-Luis & Morais Bernardo, 2017, "The International Bank Lending Channel of Monetary Policy Rates and QE: Credit Supply, Reach-for-Yield, and Real Effects," Working Papers, Banco de México, number 2017-15, Sep.
• Cory Cutsail & Farley Grubb, 2017, "The Paper Money of Colonial North Carolina, 1712-1774," NBER Working Papers, National Bureau of Economic Research, Inc, number 23783, Sep.
• Carolina Pagliacci, 2016, "Are We Ignoring Supply Shocks? A Proposal for Monitoring Cyclical Fluctuations," Documentos de Investigación - Research Papers, CEMLA, number 21, Apr.
• Bartzsch, Nikolaus & Uhl, Matthias, 2017, "Domestic and foreign demand for euro banknotes issued in Germany," International Cash Conference 2017 – War on Cash: Is there a Future for Cash?, Deutsche Bundesbank, number 168370.
• Item repec:dnb:dnbwpp:567 is not listed on IDEAS anymore

• Juraj Zeman & Biswajit Banerjee & Ludovit Odor & William O. Riiska Jr., 2017, "On the Effectiveness of Central Bank Intervention in the Foreign Exchange Market: The Case of Slovakia, 1999-2007," Working and Discussion Papers, Research Department, National Bank of Slovakia, number WP 4/2017, Sep.
• Katerina Petrova & George Kapetanios & Riccardo Masolo & Matthew Waldron, 2017, "A time varying parameter structural model of the UK economy," Bank of England working papers, Bank of England, number 677, Sep.
• Erik Eyster & Kristof Madarasz & Pascal Michaillat, 2017, "Pricing when Customers Care about Fairness but Misinfer Markups," NBER Working Papers, National Bureau of Economic Research, Inc, number 23778, Sep.
• Erick Lahura, 2017, "Monetary Aggregates and Monetary Policy in Peru," BCAM Working Papers, Birkbeck Centre for Applied Macroeconomics, number 1704, Aug.
• Paola Boel, 2017, "The Redistributive Effects of Inflation and the Shape of Money Demand," LWS Working papers, LIS Cross-National Data Center in Luxembourg, number 25, Jul.
• Xing, Victor, 2017, "Central Bank Quantitative Easing as an Emerging Political Liability," MPRA Paper, University Library of Munich, Germany, number 81269, Sep.
• Sapre, Amey & Sengupta, Rajeswari, 2017, "An analysis of revisions in Indian GDP data," MPRA Paper, University Library of Munich, Germany, number 81340, Sep.
• Adriana Lojschova, 2017, "Did quantitative easing boost bank lending? The Slovak experience," Working and Discussion Papers, Research Department, National Bank of Slovakia, number WP 1/2017, Jun.
• Emil Verner & Amir Sufi & Atif Mian, 2017, "Household Debt and Business Cycles Worldwide," 2017 Meeting Papers, Society for Economic Dynamics, number 673.
• Item repec:bof:bofrdp:2017_026 is not listed on IDEAS anymore

• Van Nieuwerburgh, Stijn & Lustig, Hanno & Kelly, Bryan & Herskovic, Bernard, 2017, "Firm Volatility in Granual Networks," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12284, Sep.
• Khan, Dr. Muhammad Irfan & Mehar, Dr. Muhammad Ayub & Iqbal, Dr. Athar Iqbal, 2015, "Development Financing and Economic Governance: Analysis of the Liquidity Crisis and Circularity Debts in Pakistan," MPRA Paper, University Library of Munich, Germany, number 80745, Dec, revised Dec 2016.
• Sangyup Choi & Davide Furceri & Joao Tovar Jalles, 2017, "Fiscal Stabilization and Growth: Evidence from Industry-level Data for Advanced and Developing Economies," Working papers, Yonsei University, Yonsei Economics Research Institute, number 2017rwp-110, Sep.
• Bryan A. Stuart, 2017, "The Long-Run Effects of Recessions on Education and Income," Working Papers, Center for Economic Studies, U.S. Census Bureau, number 17-52, Jan.
• Florian Gerth, 2017, "Allocative efficiency of UK firms during the Great Recession," Studies in Economics, School of Economics, University of Kent, number 1714, Sep.
• Annette Alstadsæter & Niels Johannesen & Gabriel Zucman, 2017, "Tax Evasion and Inequality," NBER Working Papers, National Bureau of Economic Research, Inc, number 23772, Sep.
• Zhou, Haiwen, 2017, "Impact of International Trade on Unemployment under Oligopoly," MPRA Paper, University Library of Munich, Germany, number 81354, Sep.
• Estéfano Rubio, 2016, "Desigualdades laborales: el empleo y la calificación de la mano de obra en Chile," Puntos de Referencia, Centro de Estudios Públicos, number 446, Nov.
• Manjhi, Ganesh & Mehra, Meeta Keswani, 2017, "Dynamics of the Economics of Special Interest Politics," Working Papers, National Institute of Public Finance and Policy, number 17/206, Aug.
• Francisco Ruge-Murcia & Jinill Kim, 2017, "Extreme Events and Optimal Monetary Policy," 2017 Meeting Papers, Society for Economic Dynamics, number 605.
• Ales Marsal & Lorant Kaszab & Roman Horvath, 2017, "Government Spending and the Term Structure of Interest Rates in a DSGE Model," Working and Discussion Papers, Research Department, National Bank of Slovakia, number WP 3/2017, Sep.
• Chung Tran & Sebastian Wende, 2017, "On the Marginal Excess Burden of Taxation in an Overlapping Generations Model," ANU Working Papers in Economics and Econometrics, Australian National University, College of Business and Economics, School of Economics, number 2017-652, Sep.
• Martijn (M.I.) Droes & Ryan van Lamoen & Simona Mattheussens, 2017, "Quantitative Easing and Exuberance in Government Bond Markets: Evidence from the ECB's Expanded Assets Purchase Program," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 17-080/IV, Sep.
• Marcelo Arbex & Michael Batu, 2017, "Weather, Climate and the Economy: Welfare Implications of Temperature Shocks," Working Papers, University of Windsor, Department of Economics, number 1707, Sep.
• Robert Hall & Mark Watson & James Stock & John Fernald, 2017, "The Slow Recovery in Output after 2009," 2017 Meeting Papers, Society for Economic Dynamics, number 610.
• Pavel Gertler & Roman Horvath, 2017, "Market Reading of Central Bankers Words. A High-Frequency Evidence," Working and Discussion Papers, Research Department, National Bank of Slovakia, number WP 2/2017, Jun.
• Claudius Gräbner & Philipp Heimberger & Jakob Kapeller & Bernhard Schütz, 2017, "Is Europe disintegrating? Macroeconomic divergence, structural polarization, trade and fragility," Economics working papers, Department of Economics, Johannes Kepler University Linz, Austria, number 2017-15, Aug.
• Ilzetzki, Ethan & Simonelli, Saverio, 2017, "Measuring Productivity Dispersion: Lessons From Counting One-Hundred Million Ballots," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12273, Sep.
• Gabriela Mordecki, 2017, "Uruguay en democracia: treinta años de evolución económica (1985-2015)," Documentos de Trabajo (working papers), Instituto de Economía - IECON, number 17-08, Aug.
• Sangyup Choi & Davide Furceri & Yi Huang & Prakash Loungani, 2017, "Aggregate Uncertainty and Sectoral Productivity Growth: The Role of Credit Constraints," Working papers, Yonsei University, Yonsei Economics Research Institute, number 2017rwp-109, Sep.
• Fritz Breuss, 2017, "The United States-Euro Area Growth Gap Puzzle," WIFO Working Papers, WIFO, number 541, Sep.
• Julian Kozlowski, 2017, "Long-Term Finance and Economic Development: The Role of Liquidity in Corporate Debt Markets," 2017 Meeting Papers, Society for Economic Dynamics, number 699.
• Punzi, Maria Teresa & Rabitsch, Katrin, 2017, "Effectiveness of macroprudential policies under borrower heterogeneity," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 253, Sep.
• Michele Patanè & Mattia Tedesco & Stefano Zedda, 2017, "Dynamic Relationship of Commodities prices and EUR/USD exchange rate trends in the recent past," Department of Economics University of Siena, Department of Economics, University of Siena, number 759, Sep.
• Rotta, Tomas N., 2017, "Unproductive accumulation in the United States: a new analytical framework," Greenwich Papers in Political Economy, University of Greenwich, Greenwich Political Economy Research Centre, number 14059, May.
• Ethan Ilzetzki & Saverio Simonelli, 2017, "Measuring Productivity Dispersion: Lessons From Counting One-Hundred Million Ballots," CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, number 483, Sep.
• Yasuhiro Sakai, 2017, "Involuntary Unemployment versus "Involuntary Employment" : J.M. Keynes and Beyond," Discussion Papers CRR Discussion Paper Series A: General, Shiga University, Faculty of Economics,Center for Risk Research, number 25, Aug.
• Ramos Francia Manuel & García-Verdú Santiago, 2017, "Bank Credit Allocation and Sectorial Concentration in Mexico: Some Empirical Evidence," Working Papers, Banco de México, number 2017-14, Aug.
• Claudiu Tiberiu Albulescu & Christian Aubin & Daniel Goyeau, 2016, "Stock prices, inflation and inflation uncertainty in the U.S.: testing the long-run relationship considering Dow Jones sector indexes," Post-Print, HAL, number halshs-01394897, Jul, DOI: 10.1080/00036846.2016.1226491.
• Leal-Ordoñez Julio C., 2017, "Equivalence between input-output and value-added economies," Working Papers, Banco de México, number 2017-13, Jul.
• Sangyup Choi, 2017, "The Impact of US Financial Uncertainty Shocks on Emerging Market Economies: An International Credit Channel," Working papers, Yonsei University, Yonsei Economics Research Institute, number 2017rwp-113, Sep.
• Mathieu Taschereau-Dumouchel, 2017, "Cascades and Fluctuations in an Economy with an Endogenous Production Network," 2017 Meeting Papers, Society for Economic Dynamics, number 700.
• Jang-Ting Guo & Alan Krause, 2017, "The Credibility of Commitment and Optimal Nonlinear Savings Taxation," Discussion Papers, Department of Economics, University of York, number 17/09, Sep.
• Dagfinn Rime & Andreas Schrimpf & Olav Syrstad, 2017, "Segmented money markets and covered interest parity arbitrage," Working Paper, Norges Bank, number 2017/15, Sep.
• Guender, Alfred V., 2017, "Credit prices vs. credit quantities as predictors of economic activity in Europe: which tell a better story?," Bank of Estonia Working Papers, Bank of Estonia, number wp2017-6, Sep, revised 11 Sep 2017, DOI: 10.23656/25045520/62017/0144.
• Christian Fons-Rosen & Sebnem Kalemli- Özcan & Bent E. Sørensen & Carolina Villegas-Sanchez & Vadym Volosovych, 2017, "Foreign Investment and Domestic Productivity: Identifying knowledge spillovers and competition effects," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1580, Jul.
• Adnen Ben Nasr & Mehmet Balcilar & Seyi Saint Akadiri & Rangan Gupta, 2017, "Kuznets Curve for the US: A Reconsideration Using Cosummability," Working Papers, University of Pretoria, Department of Economics, number 201763, Aug.
• Javier G. Gómez-Pineda, 2017, "Volatility spillovers and the global financial cycle across economies: evidence from a global semi-structural model," Borradores de Economia, Banco de la Republica de Colombia, number 1011, Sep, DOI: 10.32468/be.1011.
• Anthony Savagar, 2017, "Firm Dynamics, Dynamic Reallocation, Variable Markups, and Productivity Behaviour," Studies in Economics, School of Economics, University of Kent, number 1713, Aug.
• Vadym Volosovych & Bent E. Sørensen & Carolina Villegas-Sánchez & Christian Fons-Rosen, 2017, "Foreign Investment and Domestic Productivity: Identifying Knowledge Spillovers and Competition Effects," Working Papers, Barcelona School of Economics, number 986, Sep.
• Gilles Saint-Paul & Davide Ticchi & Andrea Vindigni, 2017, "Engineering Crises: Favoritism and Strategic Fiscal Indiscipline," PSE Working Papers, HAL, number halshs-01584043, Sep.
• Michel Aglietta & Virginie Coudert, 2017, "Trump and the Dollar in the Reflection of History," CEPII Policy Brief, CEPII research center, number 2017-17, Sep.
• Luigi Infante & Bianca Sorvillo, 2017, "The derivatives through the lens of the financial accounts: measurement and analysis," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 389, Sep.
• Evangelos Benos & Gerardo Ferrara & Pedro Gurrola-Perez, 2017, "The impact of de-tiering in the United Kingdom’s large-value payment system," Bank of England working papers, Bank of England, number 676, Sep.
• Colin Caines, 2017, "Can Learning Explain Boom-Bust Cycles in Asset Prices? An Application to the US Housing Boom," 2017 Meeting Papers, Society for Economic Dynamics, number 695.
• Anete Pajuste & Hernán Ruffo, 2017, "Wage rigidity and workers’ flows during recessions," SSE Riga/BICEPS Research Papers, Baltic International Centre for Economic Policy Studies (BICEPS);Stockholm School of Economics in Riga (SSE Riga), number 4, Apr.
• Russell Cooper, 2017, "The Employment and Output Effects of Short-Time Work in Germany," 2017 Meeting Papers, Society for Economic Dynamics, number 613.
• Thomas Goda & Santiago Sanchez, 2017, "Market and disposable top income shares adjusted by national accounts data," LIS Working papers, LIS Cross-National Data Center in Luxembourg, number 715, Aug.
• Giorgio Albareto & Giuseppe Cappelletti & Andrea Cardillo & Luca Zucchelli, 2017, "The total cost of investing in mutual funds," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 391, Sep.
• Alfredo Marvão Pereira & Rui Manuel Pereira, 2017, "Infrastructure Investment in Portugal and the Traded/Non-Traded Industry Mix," GEE Papers, Gabinete de Estratégia e Estudos, Ministério da Economia, number 0078, Sep, revised Sep 2017.
• Christian Fons-Rosen & Sebnem Kalemli-Ozcan & Bent E. Sorensen & Carolina Villegas-Sanchez & Vadym (V.) Volosovych, 2017, "Foreign Investment and Domestic Productivity: Identifying Knowledge Spillovers and Competition Effects," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 17-078/IV, Sep, revised 01 Oct 2018.
• Sinitskaya, Ekaterina & Tesfatsion, Leigh, 2015, "Macroeconomies as constructively rational games," ISU General Staff Papers, Iowa State University, Department of Economics, number 201509200700001008, Sep.
• Michal Rubaszek & Margarita Rubio, 2017, "Does rental housing market stabilize the economy? A micro and macro perspective," Discussion Papers, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM), number 2017/06.
• Annette Alstadsæter & Niels Johannesen & Gabriel Zucman, 2017, "Who Owns the Wealth in Tax Havens? Macro Evidence and Implications for Global Inequality," NBER Working Papers, National Bureau of Economic Research, Inc, number 23805, Sep.

Report NEP-MAC-2017-09-17

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: