Report NEP-MAC-2017-10-29

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:

• Luca Gambetti & Dimitris Korobilis & John D. Tsoukalas & Francesco Zanetti, 2017, "The Effect of News Shocks and Monetary Policy," BCAM Working Papers, Birkbeck Centre for Applied Macroeconomics, number 1705, Sep.
• Katja Gattin Turkalj & Igor Ljubaj, 2017, "CNB Transparency and Monetary Policy," Surveys, The Croatian National Bank, Croatia, number 25, Oct.
• Marco Bernardini & Selien De Schryder & Gert Peersman, 2017, "Heterogeneous Government Spending Multipliers in the Era Surrounding the Great Recession," CESifo Working Paper Series, CESifo, number 6479.
• Ali Ozdagli & Michael Weber & Michael Weber, 2017, "Monetary Policy through Production Networks: Evidence from the Stock Market," CESifo Working Paper Series, CESifo, number 6486.
• Ruediger Bachmann & Sebastian Rüth, 2017, "Systematic Monetary Policy and the Macroeconomic Effects of Shifts in Loan-to-Value Ratios," CESifo Working Paper Series, CESifo, number 6458.
• Benjamin Schwanebeck, 2017, "Unconventional Monetary Policy in a Financially Heterogeneous Monetary Union," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 201741.
• Chris Garbers & Guangling Liu, 2017, "Flow specific capital controls for emerging markets," Working Papers, Stellenbosch University, Department of Economics, number 12/2017.
• Christina D. Romer & David H. Romer, 2017, "Why Some Times Are Different: Macroeconomic Policy and the Aftermath of Financial Crises," NBER Working Papers, National Bureau of Economic Research, Inc, number 23931, Oct.
• Carlin, Wendy & Soskice, David, 2017, "Stagnant productivity and low unemployment: stuck in a Keynesian equilibrium," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12369, Oct.
• Mackowiak, Bartosz & Corsetti, Giancarlo & Dedola, Luca & Schmidt, Sebastian & Jarocinski, Marek, 2017, "Macroeconomic Stabilization, Monetary-Fiscal Interactions, and Europe’s Monetary Union," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12371, Oct.
• Athanasios Geromichalos & Lucas Herrenbrueck, 2017, "The Liquidity-Augmented Model of Macroeconomic Aggregates," Discussion Papers, Department of Economics, Simon Fraser University, number dp17-16, Oct.
• Balazs Egert & Peter Gal, 2017, "The Quantification of Structural Reforms in OECD Countries: A New Framework," CESifo Working Paper Series, CESifo, number 6420.
• Bachmann, Rüdiger & Bai, Jinhui & Lee, Minjoon & Zhang, Fudong, 2017, "The Welfare and Distributional Effects of Fiscal Volatility: a Quantitative Evaluation," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12384, Oct.
• Kai Carstensen & Markus Heinrich & Magnus Reif & Maik H. Wolters, 2017, "Predicting Ordinary and Severe Recessions with a Three-State Markov-Switching Dynamic Factor Model. An Application to the German Business Cycle," CESifo Working Paper Series, CESifo, number 6457.
• Rannenberg, Ansgar, 2017, "The effect of fiscal policy and forward guidance with preferences over wealth," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168070.
• Jess Benhabib & Mark M. Spiegel, 2017, "Sentiments and Economic Activity: Evidence from U.S. States," NBER Working Papers, National Bureau of Economic Research, Inc, number 23899, Oct.
• Céspedes Reynaga, Nikita, 2017, "La demanda de crédito a nivel de personas: RCC conoce a ENAHO," Working Papers, Banco Central de Reserva del Perú, number 2017-009, Jun.
• Jean-Michel Grandmont, , "Countercyclical Endogenous Uncertainty Shocks, Efficiency Wages and Procyclical Precautionary Labor Productivity," Working Papers, Department of Economics, University of Venice "Ca' Foscari", number 2017:25.
• Almut Balleer & Nikolay Hristov & Dominik Menno, 2017, "Financial Constraints and Nominal Price Rigidities," CESifo Working Paper Series, CESifo, number 6309.
• Marine Charlotte André & Meixing Dai, 2017, "Can inflation contract discipline central bankers when agents are learning?," Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg, number 2017-25.
• Gregory Sutton & Dubravko Mihaljek & Agnė Subelytė, 2017, "Interest rates and house prices in the United States and around the world," BIS Working Papers, Bank for International Settlements, number 665, Oct.
• Lucas F. Husted & John H. Rogers & Bo Sun, 2017, "Monetary Policy Uncertainty," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1215, Oct, DOI: 10.17016/IFDP.2017.1215.
• Esu, Godwin & Atan, Johnson, 2017, "The Philip's Curve in Sub-Saharan Africa: Evidence from Panel Data Analysis," MPRA Paper, University Library of Munich, Germany, number 82112, Oct.
• Merkl, Christian & Stüber, Heiko, 2017, "Wage Cyclicalities and Labor Market Dynamics at the Establishment Level: Theory and Evidence," IZA Discussion Papers, Institute of Labor Economics (IZA), number 11051, Sep.
• Vogel, Lukas & Hohberger, Stefan & Priftis, Romanos, 2017, "The Macroeconomic Effects of Quantitative Easing in the Euro Area: Evidence from an Estimated DSGE Model," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168060.
• Nägele, Johannes, 2017, "Eine keynesianische Analyse der Beschäftigungswirkung einer Arbeitszeitverkürzung
  [A Keynesian analysis of the employment effects of a working time reduction]," MPRA Paper, University Library of Munich, Germany, number 82109, Oct.
• Joshua C C Chan & Yong Song, 2017, "Measuring Inflation Expectations Uncertainty Using High-Frequency Data," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2017-61, Oct.
• Daniel H. Cooper & María Jose Luengo-Prado & Jonathan A. Parker, 2017, "The local aggregate effects of minimum wage increases," Working Papers, Federal Reserve Bank of Boston, number 17-8, Aug.
• Farley Grubb, 2017, "The Paper Money of Colonial North Carolina, 1712-1774," Working Papers, University of Delaware, Department of Economics, number 17-01.
• Mario Forni & Luca Gambetti & Luca Sala, 2017, "News, Uncertainty and Economic Fluctuations (No News is Good News)," Center for Economic Research (RECent), University of Modena and Reggio E., Dept. of Economics "Marco Biagi", number 132, Oct.
• Jonathan A. Parker & Nicholas S. Souleles, 2017, "Reported Effects vs. Revealed-Preference Estimates: Evidence from the propensity to spend tax rebates," NBER Working Papers, National Bureau of Economic Research, Inc, number 23920, Oct.
• Guglielmo Maria Caporale & Luis A. Gil-Alana, 2017, "Trends and Cycles in Macro Series: The Case of US Real GDP," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1695.
• Fusshoeller, Chantal & Balleer, Almut, 2017, "Migration and investment: a business cycle perspective," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168125.
• Ansgar Belke & Jens Klose, 2017, "Equilibrium Real Interest Rates and Secular Stagnation: An Empirical Analysis for Euro-Area Member Countries," ROME Working Papers, ROME Network, number 201712, Dec.
• Thomas Grjebine & Urzula Szczerbowicz & Fabien Tripier, 2017, "Corporate Debt Structure and Economic Recoveries," Working papers, Banque de France, number 646.
• Luis E. Arango & Javier Pantoja & Carlos Velásquez, 2017, "Effects of the central bank’s communications in Colombia. A content analysis," Borradores de Economia, Banco de la Republica de Colombia, number 1024, Oct, DOI: 10.32468/be.1024.
• Ansgar Belke & Daniel Kronen, 2017, "The impact of uncertainty on macro variables - An SVAR-based empirical analysis for EU countries," ROME Working Papers, ROME Network, number 201711, Nov.
• Monica Hernandez, 2017, "An Unintended Consequence of Uncoordinated International Monetary Policy on Central America," Working Papers, New School for Social Research, Department of Economics, number 1728, Oct.
• Item repec:run:wpaper:2016-001 is not listed on IDEAS anymore

• Pooyan Amir-Ahmadi & Thorsten Drautzburg, 2017, "Identification through Heterogeneity," CESifo Working Paper Series, CESifo, number 6359.
• Item repec:bof:bofrdp:2017_031 is not listed on IDEAS anymore

• Maier, Carl G. & Marencak, Michal, 2017, "Uninformed buyers and market efficiency," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168207.
• Item repec:bof:bofrdp:2017_032 is not listed on IDEAS anymore

• Malte Krüger, 2017, "Money and Credit: Lessons of the Irish bank strike of 1970," ROME Working Papers, ROME Network, number 201713.
• Dovern, Jonas & Zuber, Christopher, 2017, "The Effect of Recessions on Potential Output Estimates: Size, Timing, and Determinants," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168180.
• Philip Jung & Moritz Kuhn, 2017, "Earnings Losses and Labor Mobility Over the Life Cycle," CESifo Working Paper Series, CESifo, number 6552.
• SeHyoun Ahn & Greg Kaplan & Benjamin Moll & Thomas Winberry & Christian Wolf, 2017, "When Inequality Matters for Macro and Macro Matters for Inequality," CESifo Working Paper Series, CESifo, number 6581.
• Howard Kung & Gonzalo Morales & Alexandre Corhay, 2017, "Fiscal Discount Rates and Debt Maturity," 2017 Meeting Papers, Society for Economic Dynamics, number 840.
• Zhang, Xue & Poeschl, Johannes, 2017, "Bank Capital Regulation in a Model of Modern Banking Crises," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168275.
• Robert Hills & Kelvin Ho & Dennis Reinhardt & Rhiannon Sowerbutts & Eric Wong & Gabriel Wu, 2017, "The international transmission of monetary policy through financial centres: evidence from the United Kingdom and Hong Kong," Bank of England working papers, Bank of England, number 682, Oct.
• Farhi, Emmanuel & Tirole, Jean, 2017, "Shadow Banking and the Four Pillars of Traditional Financial Intermediation," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12373, Oct.
• Friedrich Schneider, 2017, "Implausible Large Differences in the Sizes of Underground Economies in Highly Developed European Countries? A Comparison of Different Estimation Methods," CESifo Working Paper Series, CESifo, number 6522.
• Santanu Chatterjee & Olaf Posch & Dennis Wesselbaum, 2017, "Delays in Public Goods," CESifo Working Paper Series, CESifo, number 6341.
• Schnabel, Isabel & Brunnermeier, Markus & Rother, Simon, 2017, "Asset Price Bubbles and Systemic Risk," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12362, Oct.
• Immo Schott & Joachim Jungherr, 2017, "Debt Dilution and Debt Overhang," Working Papers, Barcelona School of Economics, number 997, Oct.
• Item repec:rim:rimwps:17-28 is not listed on IDEAS anymore

• Gechert, Sebastian & Paetz, Christoph & Villanueva, Paloma, 2017, "Top-Down vs. Bottom-Up? Reconciling the Effects of Tax and Transfer Shocks on Output," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168204.
• Yu Zheng & Raül Santaeulàlia-Llopis, 2017, "The Price of Growth: Consumption Insurance in China 1989-2009," Working Papers, Barcelona School of Economics, number 995, Oct.
• Francesco Caprioli & Marzia Romanelli & Pietro Tommasino, 2017, "Discretionary fiscal policy in the Euro area: past, present, future," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 398, Oct.
• Paul Whelan & Gyuri Venter & Andrea Vedolin & Matteo Leombroni, 2017, "Central Bank Communication and the Yield Curve," 2017 Meeting Papers, Society for Economic Dynamics, number 844.
• Item repec:isu:genstf:201601010800006049 is not listed on IDEAS anymore

• Garnadt, Niklas, 2017, "The increasing presence of large firms and its consequences for US startup rates," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168091.
• J. Liu & C.J.M. Kool, 2017, "Monetary dynamics in the euro area: a disaggregate panel approach," Working Papers, Utrecht School of Economics, number 17-14, Sep.
• Alina Mika & Robert Zymek, 2017, "Friends Without Benefits? New EMU Members and the "Euro Effect" on Trade," CESifo Working Paper Series, CESifo, number 6308.
• Konstantinos Angelopoulos & Andrea Benecchi & Jim Malley, 2017, "Can Subsidising Job-Related Training Reduce Inequality?," CESifo Working Paper Series, CESifo, number 6605.
• Gerlach, Stefan, 2017, "Long-run Money Demand in Switzerland," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12356, Oct.
• Nakatani, Ryota, 2017, "Real and Financial Shocks, Exchange Rate Regimes and the Probability of a Currency Crisis," MPRA Paper, University Library of Munich, Germany, number 82186, Oct.
• Andreas Steiner & Sven Steinkamp & Frank Westermann, 2017, "Exit Strategies, Capital Flight and Speculative Attacks: Europe's Version of the Trilemma," IEER Working Papers, Institute of Empirical Economic Research, Osnabrueck University, number 108, Oct.
• De Nardi, Mariacristina & Pashchenko, Svetlana & Porapakkarm, Ponpoje, 2017, "The Lifetime Costs of Bad Health," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12386, Oct.
• Céspedes Reynaga, Nikita, 2017, "La heterogeneidad de la dolarización de créditos a nivel de personas," Working Papers, Banco Central de Reserva del Perú, number 2017-008, Jun.
• Tetsuo Ono & Yuki Uchida, 2016, "Human Capital, Public Debt, and Economic Growth: A Political Economy Analysis," Discussion Papers in Economics and Business, Osaka University, Graduate School of Economics, number 16-01-Rev.3, Jan, revised Oct 2017.
• Dlugoszek, Grzegorz, 2017, "Solving DSGE Portfolio Choice Models with Asymmetric Countries," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168182.
• T. Terry Cheung & Theodore Palivos & Ping Wang & Yin-Chi Wang & Chong K. Yip, 2017, "Dynamic Trade, Endogenous Institutions and the Colonization of Hong Kong: A Staged Development Framework," NBER Working Papers, National Bureau of Economic Research, Inc, number 23937, Oct.
• Bacchetta, Philippe, 2017, "The Sovereign Money Initiative in Switzerland: An Economic Assessment," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12349, Oct.
• William Fuchs & Brett Green & Vladimir Asriyan, 2017, "Liquidity Sentiments," Working Papers, Barcelona School of Economics, number 993, Oct.
• Bill Dupor & Guerrero Rodrigo, 2017, "The Aggregate and Relative Economic Effects of Government Financed Health Care," Working Papers, Federal Reserve Bank of St. Louis, number 2017-27, Oct, DOI: 10.20955/wp.2017.027.
• Niklas Potrafke, 2017, "Government Ideology and Economic Policy-Making in the United States," CESifo Working Paper Series, CESifo, number 6444.
• Item repec:run:wpaper:2016-003 is not listed on IDEAS anymore

• von Weizsäcker, Carl Christian, 2017, "Leviathan-Zum Gewaltmonopol des Staates-Wider den Protektionismus," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168219.
• Isaac Sorkin, 2017, "Ranking Firms Using Revealed Preference," NBER Working Papers, National Bureau of Economic Research, Inc, number 23938, Oct.
• Marianna Kudlyak & Andreas Hornstein, 2017, "Estimating Matching Efficiency with Variable Search Effort," 2017 Meeting Papers, Society for Economic Dynamics, number 881.
• Cristina Conflitti & Matteo Luciani, 2017, "Oil Price Pass-Through into Core Inflation," FEDS Notes, Board of Governors of the Federal Reserve System (U.S.), number 2017-10-19-1, Oct, DOI: 10.17016/2380-7172.2066.
• Andreas Schrimpf & Semyon Malamud, 2017, "Intermediation Markups and Monetary Policy Passthrough," 2017 Meeting Papers, Society for Economic Dynamics, number 812.
• Emmanuel Farhi & Jean Tirole, 2017, "Shadow Banking and the Four Pillars of Traditional Financial Intermediation," NBER Working Papers, National Bureau of Economic Research, Inc, number 23930, Oct.
• Eric Rosengren, 2017, "Making monetary policy: rules, benchmarks, guidelines, and discretion: remarks at the Federal Reserve Bank of Boston's 61st Economic Conference, Boston, Massachusetts, October 13, 2017," Speech, Federal Reserve Bank of Boston, number 123, Oct.
• Christina Christou & Rangan Gupta & Christis Hassapis & Tahir Suleman, 2017, "The Role of Economic Uncertainty in Forecasting Exchange Rate Returns and Realized Volatility: Evidence from Quantile Predictive Regressions," Working Papers, University of Pretoria, Department of Economics, number 201774, Oct.
• Davide Cantoni & Jeremiah Dittmar & Noam Yuchtman, 2017, "Religious Competition and Reallocation: The Political Economy of Secularization in the Protestant Reformation," NBER Working Papers, National Bureau of Economic Research, Inc, number 23934, Oct.
• Gene M. Grossman & Elhanan Helpman & Ezra Oberfield & Thomas Sampson, 2017, "The productivity slowdown and the declining labor share: a neoclassical exploration," CEP Discussion Papers, Centre for Economic Performance, LSE, number dp1504, Oct.
• Sergio Rebelo & Arlene Wong & Eric Anderson, 2017, "The Cyclicality of Gross Margins," 2017 Meeting Papers, Society for Economic Dynamics, number 899.
• Lael Brainard, 2017, "Rethinking Monetary Policy in a New Normal : a speech at the Panel on Monetary Policy \"Rethinking Macroeconomic Policy,\" a conference sponsored by the Peterson Institute for International Economics, Washington D.C., October 12, 2017," Speech, Board of Governors of the Federal Reserve System (U.S.), number 977, Oct.
• Hazan, Moshe & Zoabi, Hosny & Weiss, David & Leukhina, Oksana & Bar, Michael, 2017, "Is The Market Pronatalist? Inequality, Differential Fertility, and Growth Revisited," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12376, Oct.
• Leonard Nakamura & Jon Samuels & Rachel Soloveichik, 2017, "Measuring the Free Digital Economy within the GDP and Productivity Accounts," BEA Working Papers, Bureau of Economic Analysis, number 0146, Oct.
• Margarida Duarte & Diego Restuccia, 2017, "Relative Prices and Sectoral Productivity," Working Papers, University of Toronto, Department of Economics, number tecipa-591, Oct.

Report NEP-MAC-2017-10-29

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: