Report NEP-MAC-2017-10-08
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:
- Petra Gerlach & Richhild Moessner & Rina Rosenblatt-Wisch, 2017, "Computing long‐term market inflation expectations for countries without inflation expectation markets," Working Papers, Swiss National Bank, number 2017-09.
- Quint, Dominic & Rabanal, Pau, 2017, "Should unconventional monetary policies become conventional?," Discussion Papers, Deutsche Bundesbank, number 28/2017.
- Ghironi, Fabio & Cacciatore, Matteo & Duval, Romain & Fiori, Giuseppe, 2017, "Market Reforms at the Zero Lower Bound," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12334, Sep.
- Luca Gambetti & Dimitris Korobilis & John D. Tsoukalas & Francesco Zanetti, 2017, "The Effect of News Shocks and Monetary Policy," Discussion Papers, Centre for Macroeconomics (CFM), number 1730, Sep.
- Bouchaud, Jean-Philippe & Gualdi, Stanislao & Tarzia, Marco & Zamponi, Francesco, 2017, "Optimal inflation target: Insights from an agentbased model," Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel), number 2017-64.
- Lloyd, S. P., 2017, "Unconventional Monetary Policy and the Interest Rate Channel: Signalling and Portfolio Rebalancing," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 1735, Sep.
- Qureshi, Irfan, 2017, "Monetary Policy Shifts and Central Bank Independence," The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics, number 1139.
- Julien Champagne & Rodrigo Sekkel, 2017, "Changes in Monetary Regimes and the Identification of Monetary Policy Shocks: Narrative Evidence from Canada," Staff Working Papers, Bank of Canada, number 17-39, DOI: 10.34989/swp-2017-39.
- Anna Bartocci & Lorenzo Burlon & Alessandro Notarpietro & Massimiliano Pisani, 2017, "Macroeconomic effects of non-standard monetary policy measures in the euro area: the role of corporate bond purchases," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1136, Sep.
- Mariarosaria Comunale, 2017, "Synchronicity of real and financial cycles and structural characteristics in EU countries," CEIS Research Paper, Tor Vergata University, CEIS, number 414, Sep, revised 25 Sep 2017.
- Florian Madison, 2017, "Frictional asset reallocation under adverse selection," ECON - Working Papers, Department of Economics - University of Zurich, number 261, Sep, revised Jan 2018.
- Henrik Jensen & Ivan Petrella & Søren Hove Ravn & Emiliano Santoro, 2017, "Leverage and deepening business cycle skewness," Working Papers, Banco de España, number 1732, Sep.
- Lloyd, S. P., 2017, "Overnight Indexed Swap Market-Based Measures of Monetary Policy Expectations," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 1733, Sep.
- Stefano Neri & Andrea Gerali, 2017, "Natural rates across the Atlantic," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1140, Sep.
- Øistein Røisland, 2017, "On the Interplay between Monetary Policy and Macroprudential Policy: A Simple Analytical Framework," Working Paper, Norges Bank, number 2017/18, Oct.
- Bachmann, Rüdiger & Bayer, Christian & Merkl, Christian & Seth, Stefan & Stüber, Heiko & Wellschmied, Felix, 2017, "Worker Churn in the Cross Section and Over Time: New Evidence from Germany," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12343, Sep.
- Richard Harrison, 2017, "Optimal quantitative easing," Bank of England working papers, Bank of England, number 678, Sep.
- Wataru Miyamoto & Thuy Lan Nguyen & Dmitriy Sergeyev, 2017, "Government Spending Multipliers Under the Zero Lower Bound: Evidence from Japan," Staff Working Papers, Bank of Canada, number 17-40, DOI: 10.34989/swp-2017-40.
- Afonso, Ant nio & Arghyrou, Michael G & Gadea, Mar a Dolores & Kontonikas, Alexandros, 2017, ""Whatever it takes" to resolve the European sovereign debt crisis? Bond pricing regime switches and monetary policy effects," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2017/12, Sep.
- Heinrich, Markus & Carstensen, Kai & Reif, Magnus & Wolters, Maik, 2017, "Predicting Ordinary and Severe Recessions with a Three-State Markov-Switching Dynamic Factor Model. An Application to the German Business Cycle," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168206.
- Item repec:bof:bofrdp:2017_029 is not listed on IDEAS anymore
- Fabio Busetti & Michele Caivano, 2017, "Low frequency drivers of the real interest rate: a band spectrum regression approach," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1132, Sep.
- Büttner, Thiess & Madzharova, Boryana, 2017, "The Effects of Pre-announced Consumption Tax Reforms on the Sales and Prices of Consumer Durables," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168201.
- Ngai, Liwa Rachel & Duval-Hernández, Robert & Fang, Lei, 2017, "Taxes and Market Hours -- the Role of Gender and Skill," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12292, Sep.
- Elmar Mertens & James M. Nason, 2017, "Inflation and Professional Forecast Dynamics: An Evaluation of Stickiness, Persistence and Volatility," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2017-60, Sep.
- Alberto Martin & Jaume Ventura, 2017, "The macroeconomics of rational bubbles: a user's guide," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1581, Sep, revised Feb 2018.
- Belke, Ansgar & Dreger, Christian & Dubova, Irina, 2017, "On the exposure of the BRIC countries to global economic shocks," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168110.
- Bachmann, Ronald & Felder, Rahel, 2017, "Labour market transitions, shocks and institutions in turbulent times: A cross-country analysis," Ruhr Economic Papers, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen, number 709, DOI: 10.4419/86788827.
- G. Gopalakrishna, 2017, "Robust test of Long Run Risk and Valuation risk model," Working Papers, Dipartimento Scienze Economiche, Universita' di Bologna, number wp1107, Sep.
- 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 81753, Jan, revised 01 Oct 2017.
- Michael, Bryane & Dalko, Viktoria, 2017, "Funders-of-Last-Resort: Legal Issues Involved in Using Central Bank Balance Sheets to Bolster Economic Growth," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 169113.
- Sulaeman Rahman Nidar, 2017, "The Influence of Global Stock Index and the Economic Indicators of Stock Investment Decision by Foreign Investors in the Indonesian Stock Exchange," GATR Journals, Global Academy of Training and Research (GATR) Enterprise, number jfbr121, Mar.
- Gil-Alana, Luis A. & Ozdemir, Zeynel Abidin & Tansel, Aysit, 2017, "Long memory in Turkish Unemployment Rates," MPRA Paper, University Library of Munich, Germany, number 81571, May.
- Flávio de Freitas Val & Wagner Piazza Gaglianone & Marcelo Cabus Klotzle & Antonio Carlos Figueiredo Pinto, 2017, "Estimating the Credibility of Brazilian Monetary Policy using Forward Measures and a State-Space Model," Working Papers Series, Central Bank of Brazil, Research Department, number 463, Sep.
- Kick, Thomas & Koetter, Michael & Storz, Manuela, 2017, "Cross-border transmission of emergency liquidity," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168112.
- Hartmann, Philipp, 2017, "International liquidity," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12337, Sep.
- Christian Grisse & Silvio Schumacher, 2017, "The response of long-term yields to negative interest rates: evidence from Switzerland," Working Papers, Swiss National Bank, number 2017-10.
- Christian Glocker & Giulia Sestieri & Pascal Towbin, 2017, "Time-varying fiscal spending multipliers in the UK," Working papers, Banque de France, number 643.
- Korkut, Cem & Özgür, Önder, 2017, "Is there a Link between Profit Share Rate of Participation Banks and Interest Rate?[:] The Case of Turkey," MPRA Paper, University Library of Munich, Germany, number 81642, Jun.
- Christoph S. Weber, 2017, "The Effect of Central Bank Transparency on Exchange Rate Volatility," Working Papers, Bavarian Graduate Program in Economics (BGPE), number 174, Sep.
- De Grauwe, Paul & Ji, Yuemei, 2017, "Structural Reforms and Monetary Policies in a Behavioural Macroeconomic Model," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12336, Sep.
- Item repec:dnb:dnbwpp:570 is not listed on IDEAS anymore
- Farmer, Roger, 2017, "Keynesian Economics without the Phillips Curve," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12298, Sep.
- Rangan Gupta & Jun Ma & Marian Risse & Mark E. Wohar, 2017, "Common Business Cycles and Volatilities in US States and MSAs: The Role of Economic Uncertainty," Working Papers, University of Pretoria, Department of Economics, number 201766, Sep.
- Feldkircher, Martin & Gruber, Thomas & Huber, Florian, 2017, "Spreading the word or reducing the term spread? Assessing spillovers from euro area monetary policy," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168111.
- Garnitz, Johanna & Lehmann, Robert & Wohlrabe, Klaus, 2017, "Forecasting GDP all over the World: Evidence from Comprehensive Survey Data," MPRA Paper, University Library of Munich, Germany, number 81772, Oct.
- Lloyd, S. P., 2017, "Estimating Nominal Interest Rate Expectations: Overnight Indexed Swaps and the Term Structure," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 1734, Sep.
- Embun Prowanta, 2017, "The Impact of Macro Economy on Stock Price Index: An Empirical Study of Five ASEAN Countries," GATR Journals, Global Academy of Training and Research (GATR) Enterprise, number gjbssr467, Apr.
- Item repec:dnb:dnbwpp:571 is not listed on IDEAS anymore
- Soldatos, Gerasimos T., 2016, "A Short “Second Best” Narrative of the Ukrainian Economy/ Una Breve “Segunda Mejor Opción” de Narrativa de la Economía Ucraniana," MPRA Paper, University Library of Munich, Germany, number 81714, Aug, revised Dec 2016.
- César Martín Machuca, 2017, "External stress early warning indicators," Working Papers, Banco de España, number 1733, Oct.
- Ngai, Liwa Rachel & Boppart, Timo, 2017, "Rising inequality and trends in leisure," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12325, Sep.
- Ugo Albertazzi & Lucia Esposito, 2017, "Credit demand and supply: a two-way feedback relation," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1134, Sep.
- Waldo Mendoza Bellido, 2017, "Teaching Modern Macroeconomics in the Traditional Language: The IS-MR-AD-AS Model," Documentos de Trabajo / Working Papers, Departamento de Economía - Pontificia Universidad Católica del Perú, number 2017-443.
- Dinarjad Achmad, 2017, "The Ability of Export and GDP Value Added in Explaining the Variation of Employment Opportunities in Indonesia," GATR Journals, Global Academy of Training and Research (GATR) Enterprise, number jber132, Apr.
- Item repec:san:cdmawp:1705 is not listed on IDEAS anymore
- Tarishi Matsuoka & Makoto Watanabe, 2017, "Banking Panics and Liquidity in a Monetary Economy," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 17-091/VII, Sep.
- Nur Dilbaz Alacahan & Seda Yavuzaslan Soylemez, 2017, "The Impact of Petrol Prices on Stock Prices of Energy Companies: A Panel Data Analysis for Turkey," EconWorld Working Papers, WERI-World Economic Research Institute, number 17006, Oct, revised Oct 2017, DOI: 10.22440/EconWorld.WP.2017.006.
- Walter Paternesi Meloni, 2017, "Austerity & Competitiveness in the Eurozone: a misleading linkage," Departmental Working Papers of Economics - University 'Roma Tre', Department of Economics - University Roma Tre, number 0223, Sep.
- Irena Raguž Krištić & Lucija Rogić Dumančić & Vladimir Arčabić, 2017, "Persistence and stochastic convergence of euro area unemployment rates: evidence from LM and RALS-LM unit root tests with breaks," EFZG Working Papers Series, Faculty of Economics and Business, University of Zagreb, number 1707, Sep.
- Ibarra-Ramírez Raúl & Gómez-Zamudio Luis M., 2017, "Are daily financial data useful for forecasting GDP? Evidence from Mexico," Working Papers, Banco de México, number 2017-17, Sep.
- Katherine A. Moos, 2017, "Neoliberal Redistributive Policy : The U.S. Net Social Wage in the 21st Century," UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics, number 2017-18.
- Stefano Neri & Giuseppe Ferrero & Marco Gross, 2017, "On secular stagnation and low interest rates: demography matters," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1137, Sep.
- Fabiano Schivardi & Enrico Sette & Guido Tabellini, 2017, "Credit misallocation during the European financial crisis," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1139, Sep.
- Murmann, Martin, 2017, "The Growth and Human Capital Structure of New Firms over the Business Cycle," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168290.
- Yasushi Asako & Yukihiko Funaki & Kozo Ueda & Nobuyuki Uto, 2016, "Symmetric Information Bubbles: Experimental Evidence," Working Papers, Waseda University, Faculty of Political Science and Economics, number 1613, Dec.
- Solis-Garcia, Mario, 2017, "Yes we can! Teaching DSGE models to undergraduate students," MPRA Paper, University Library of Munich, Germany, number 81754, Sep.
- Ung Leng Yean, 2016, "The Impact of Minimum Wage Policy on Small Medium Enterprises� Productivity in the Manufacturing Sector," GATR Journals, Global Academy of Training and Research (GATR) Enterprise, number jber120, Dec.
- Wagner Piazza Gaglianone, 2017, "Empirical Findings on Inflation Expectations in Brazil: a survey," Working Papers Series, Central Bank of Brazil, Research Department, number 464, Sep.
- Elena Pelinescu, 2017, "The human capital and development. The Romanian case study," Working Papers of Institute for Economic Forecasting, Institute for Economic Forecasting, number 170702, Sep.
- Marcellino, Massimiliano & Bertolotti, Fabio, 2017, "Tax shocks with high and low uncertainty," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12335, Sep.
- Romero Alberto & Kuper Gerard H. & Jan P.A.M. Jacobs & Boonman Tjeerd, 2017, "Early Warning Systems with Real-Time Data," Working Papers, Banco de México, number 2017-16, Sep.
- Bachmann, Rüdiger & Bayer, Christian & Merkl, Christian & Seth, Stefan & Stüber, Heiko & Wellschmied, Felix, 2017, "Worker Churn and Employment Growth at the Establishment Level," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168162.
- Item repec:tek:wpaper:2017/5 is not listed on IDEAS anymore
- Kodila-Tedika, Oasis & NGUENA, Christian L., 2017, "Recession and financial development: An empirical analysis," MPRA Paper, University Library of Munich, Germany, number 81527, Sep.
- Mathius Tandiontong, 2017, "The Influence of Financial Distress Using Altman Z-Score, The Beta of Stocks and Inflation To The Stock Return," GATR Journals, Global Academy of Training and Research (GATR) Enterprise, number jfbr126, May.
- Peter Skott & Leopoldo Gomez-Ramirez, 2017, "Credit Constraints and Economic Growth in a Dual Economy," UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics, number 2017-13.
- Prüser, Jan, 2017, "Forecasting US inflation using Markov dimension switching," Ruhr Economic Papers, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen, number 710, DOI: 10.4419/86788828.
- Verstegen, Loes & van Groezen, Bas & Meijdam, Lex, 2017, "Benefits of EMU Participation : Estimates using the Synthetic Control Method," Discussion Paper, Tilburg University, Center for Economic Research, number 2017-032.
- Ryan Banerjee & Enrico Sette & Leonardo Gambacorta, 2017, "The real effects of relationship lending," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1133, Sep.
- Ryan Niladri Banerjee & Leonardo Gambacorta & Enrico Sette, 2017, "The real effects of relationship lending," BIS Working Papers, Bank for International Settlements, number 662, Sep.
- Gambacorta, Leonardo & Sette, Enrico & Banerjee, Ryan, 2017, "The real effects of relationship lending," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12340, Sep.
- Roberto Roson & Dominique van der Mensbrugghe, 2017, "Demand-Driven Structural Change in Applied General Equilibrium Models," Working Papers, Department of Economics, University of Venice "Ca' Foscari", number 2017:11.
- Silviya Bratoeva-Manoleva, 2017, "Macroeconomic Determinants of Income Inequality in Bulgaria," Bulgarian Economic Papers, Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski - Bulgaria // Center for Economic Theories and Policies at Sofia University St Kliment Ohridski, number bep-2017-07, Sep, revised Sep 2017.
- Timo Teräsvirta, 2017, "Nonlinear models in macroeconometrics," CREATES Research Papers, Department of Economics and Business Economics, Aarhus University, number 2017-32, Sep.
- Ernoiz Antriyandarti, 2017, "Impact of Surplus Labor Existence on Land Lease Market in Rural Central Java," GATR Journals, Global Academy of Training and Research (GATR) Enterprise, number jber133, Apr.
- Margareta Nadanyiova, 2017, "Green Marketing vs. Greenwashing. How to protect against Negative Impact of Greenwashing?," GATR Journals, Global Academy of Training and Research (GATR) Enterprise, number jmmr128, Mar.
- John Van Reenen, 2017, "Brexit and the future of globalisation?," CEP Reports, Centre for Economic Performance, LSE, number 35, Sep.
- Basher, Syed Abul & Haug, Alfred A. & Sadorsky, Perry, 2017, "The impact of oil-market shocks on stock returns in major oil-exporting countries: A Markov-switching approach," MPRA Paper, University Library of Munich, Germany, number 81638, Sep.
- Daniele Girardi & Samuel Bowles, 2017, "Institutional shocks and economic outcomes : Allende's election, Pinochet's coup and the Santiago stock market," UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics, number 2017-19.
- Raffaella Patimo & Chiara Mussida, 2017, "Labour market access, family responsibilities and health perception of Italian women," SERIES, Dipartimento di Economia e Finanza - Università degli Studi di Bari "Aldo Moro", number 04-2017, Oct, revised Oct 2017.
- Cornelius Hirsch & Vasily Astrov, 2017, "FIW Note No. 24 - September 2017," FIW Notes series, FIW, number 024, Sep.
- Eleonora Granziera & Hyungsik Roger Moon & Frank Schorfheide, 2017, "Inference for VARs Identified with Sign Restrictions," Papers, arXiv.org, number 1709.10196, Sep, revised Feb 2018.
- Hristina Manolova & Aleksandar Vasilev, 2017, "Wage Dynamics in Bulgaria: Co-movement and Causality," Bulgarian Economic Papers, Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski - Bulgaria // Center for Economic Theories and Policies at Sofia University St Kliment Ohridski, number bep-2017-08, Sep, revised Sep 2017.
- Ruzive, Tafadzwa & Mkhombo, Thando & Mhaka, Simba & Mavikela, Nomahlubi & Phiri, Andrew, 2017, "Electricity intensity and unemployment in South Africa: A quantile regression analysis," MPRA Paper, University Library of Munich, Germany, number 81717, Sep.
- Colonnello, Stefano & Curatola, Giuliano & Gioffré, Alessandro, 2017, "Pricing sin stocks: Ethical preference vs. risk aversion," IWH Discussion Papers, Halle Institute for Economic Research (IWH), number 20/2017.
- Cornelius Hirsch & Vasily Astrov, 2017, "FIW Note No. 23 - March 2017," FIW Notes series, FIW, number 023, Mar.
- Christian Glocker & Philipp Wegmüller, 2017, "Business Cycle Dating and Forecasting with Real-time Swiss GDP Data," WIFO Working Papers, WIFO, number 542, Oct.
- Laura Liu & Hyungsik Roger Moon & Frank Schorfheide, 2017, "Forecasting with Dynamic Panel Data Models," Papers, arXiv.org, number 1709.10193, Sep.
- Anna Siekelova, 2017, "The Assessment of Client Creditworthiness Using Predictive Methods Based on Multivariate Discriminant Analysis," GATR Journals, Global Academy of Training and Research (GATR) Enterprise, number afr123, Mar.
- Chen, Siyan & Desiderio, Saul, 2017, "What moves the Beveridge curve and the Phillips curve: An agent-based analysis," Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel), number 2017-65.
- Jhansi Rani Boda, 2016, "A Study on The Behavioural Aspects of Retail Investors for Investment Decision Making in Telangana State," GATR Journals, Global Academy of Training and Research (GATR) Enterprise, number jber117, Dec.
- Louis Larue, 2017, "The Philosophy of Debt Alexander DOUGLAS, Abingdon: Routledge, 2016. 164 pp," LIDAM Discussion Papers IRES, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES), number 2017017, Oct.
- Simplice Asongu & Jules R. Minkoua N, 2017, "Dynamic Openness and Finance in Africa," Working Papers of the African Governance and Development Institute., African Governance and Development Institute., number 17/040, Jan.
- Item repec:bre:polbrf:22143 is not listed on IDEAS anymore
- Rachid Mira, 2017, "Institutions et ordre politique dans le modèle économique algérien," CEPN Working Papers, Centre d'Economie de l'Université de Paris Nord, number 2017-11, Apr.
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