Report NEP-MAC-2017-11-05

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:

• Ragna Alstadheim & Ørjan Robstad & Nikka Husom Vonen, 2017, "Financial imbalances, crisis probability and monetary policy in Norway," Working Paper, Norges Bank, number 2017/21, Oct.
• Athanasios Orphanides, 2017, "The Fiscal-Monetary Policy Mix in the Euro Area: Challenges at the Zero Lower Bound," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 060, Jul.
• Benjamin Born & Johannes Pfeifer, 2017, "Uncertainty-driven Business Cycles: Assessing the Markup Channel," CESifo Working Paper Series, CESifo, number 6303.
• Andreas Neuhierl & Michael Weber & Michael Weber, 2017, "Monetary Momentum," CESifo Working Paper Series, CESifo, number 6648.
• Lancastre, Manuel, 2017, "Redistributive Tax Policy at the Zero Bound," MPRA Paper, University Library of Munich, Germany, number 82092, Aug.
• Eric McCoy & Ulrich Clemens, 2017, "A Calibration of the Shadow Rate to the Euro Area Using Genetic Algorithms," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 051, Jul.
• Michael Funke & Robert Kirkby & Petar Mihaylovski, 2017, "House Prices and Macroprudential Policy in an Estimated DSGE Model of New Zealand," CESifo Working Paper Series, CESifo, number 6487.
• Paulo Santos Monteiro, 2017, "External Imbalances and the Wage Curve: The Role of Labour and Product Market Regulation," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 061, Jul.
• Mark Gertler, 2017, "Rethinking the Power of Forward Guidance: Lessons from Japan," IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan, number 17-E-08, Oct.
• Lucas Hafemann & Peter Tillmann, 2017, "The Aggregate and Country-Specific Effectiveness of ECB Policy: Evidence from an External Instruments (VAR) Approach," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 063, Jul.
• Florian Urbschat & Sebastian Watzka, 2017, "Quantitative Easing in the Euro Area - An Event Study Approach," CESifo Working Paper Series, CESifo, number 6709.
• Cinzia Alcidi, 2017, "Fiscal Policy Stabilisation and the Financial Cycle in the Euro Area," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 052, Jul.
• Ruediger Bachmann & Christian Bayer & Christian Merkl & Stefan Seth & Heiko Stüber & Felix Wellschmied, 2017, "Worker Churn in the Cross Section and Over Time: New Evidence from Germany," CESifo Working Paper Series, CESifo, number 6702.
• Mario Pietrunti & Federico M. Signoretti, 2017, "Monetary policy in times of debt," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1142, Oct.
• Item repec:cui:wpaper:0032 is not listed on IDEAS anymore

• Evžen Kocenda & Balázs Varga & Evžen Kočenda, 2017, "The Impact of Monetary Strategies on Inflation Persistence," CESifo Working Paper Series, CESifo, number 6306.
• Efrem Castelnuovo & Trung Duc Tran, 2017, "Google It Up! A Google Trends-based Uncertainty Index for the United States and Australia," CESifo Working Paper Series, CESifo, number 6695.
• Carsten A. Holz, 2017, "China's Investment Rate: Implications and Prospects," CESifo Working Paper Series, CESifo, number 6496.
• Simone Auer, 2017, "A Financial Conditions Index for the CEE economies," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1145, Oct.
• Margaria Abreu, 2017, "HOW Biased is the Behavior of the Individual Investor in Warrants?," Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa, number 2017/18, Oct.
• Item repec:dnb:dnbwpp:573 is not listed on IDEAS anymore

• Matthias Kehrig & Nicolas L. Ziebarth, 2017, "The Effects of the Real Oil Price on Regional Wage Dispersion," CESifo Working Paper Series, CESifo, number 6408.
• Gustav A. Horn & Andrew Watt, 2017, "Wages and Nominal and Real Unit Labour Cost Differentials in EMU," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 059, Jul.
• Giovanni Caggiano & Efrem Castelnuovo & Gabriela Nodari, 2017, "Uncertainty and Monetary Policy in Good and Bad Times," CESifo Working Paper Series, CESifo, number 6630.
• Ambrose, Brent W. & Coulson, N. Edward & Yoshida, Jiro, 2017, "Inflation Rates Are Very Different When Housing Rents Are Accurately Measured," HIT-REFINED Working Paper Series, Institute of Economic Research, Hitotsubashi University, number 71, Oct.
• Krug, Sebastian, 2017, "The interaction between monetary and macroprudential policy: Should central banks "lean against the wind" to foster macro-financial stability?," Economics Discussion Papers, Kiel Institute for the World Economy, number 2017-85.
• António Afonso & Michael G. Arghyrou & María Dolores Gadea & Alexandros Kontonikas, 2017, ""Whatever it takes" to Resolve the European Sovereign Debt Crisis? Bond Pricing Regime Switches and Monetary Policy Effects," CESifo Working Paper Series, CESifo, number 6691.
• Enders, Zeno, 2017, "Heterogeneous consumers, segmented asset markets, and the real effects of monetary policy," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168227.
• Carsten A. Holz, 2017, "The Chaning Patterns of Investment in the PRC Economy," CESifo Working Paper Series, CESifo, number 6484.
• Alessandro Barattieri & Matteo Cacciatore & Francesco Costamagna, 2017, "Trade Policy and Structural Reforms at the Zero Lower Bound: Lessons Learned and Suggestions for Europe," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 053, Jul.
• Jiranyakul, Komain, 2017, "How Does the Policy Rate Respond to Output and Prices in Thailand?," MPRA Paper, University Library of Munich, Germany, number 82050, Oct.
• Wu, Cheng, 2017, "Does Clower’s Dual-Decision Hypothesis lead to the change in saving conclusion in Keynes’s General Theory?," MPRA Paper, University Library of Munich, Germany, number 82120, Oct.
• Zafer Kanık, 2017, "Rescuing the Financial System: Capabilities, Incentives, and Optimal Interbank Networks," Working Papers, NET Institute, number 17-17, Oct.
• Alessandro Dovis & Rishabh Kirpalani, 2017, "Fiscal Rules, Bailouts, and Reputation in Federal Governments," NBER Working Papers, National Bureau of Economic Research, Inc, number 23942, Oct.
• Balamatsias, Pavlos, 2017, "Inequality, imperfect competition, and fiscal policy," MPRA Paper, University Library of Munich, Germany, number 82178, Oct.
• Luc Arrondel & Pierre Lamarche & Frédérique Savignac, 2017, "Does Inequality Matter for the Consumption-Wealth Channel? Empirical Evidence," CESifo Working Paper Series, CESifo, number 6676.
• Francesco D'Acunto & Ryan Liu & Carolin Pflueger & Michael Weber & Michael Weber, 2017, "Flexible Prices and Leverage," CESifo Working Paper Series, CESifo, number 6317.
• Sigurd Mølster Galaasen, 2017, "Pension reform disabled," Working Paper, Norges Bank, number 2017/20, Oct.
• Jean-Charles Bricongne & Lucia Granelli & Susanne Hoffmann, 2017, "Fiscal Measures and Corporate Investment in France," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 068, Jul.
• Aurélien Goutsmedt & Erich Pinzon-Fuchs & Matthieu Renault & Francesco Sergi, 2017, "Reacting to the Lucas Critique: The Keynesians' Pragmatic Replies," Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, number 17042, Oct.
• García Martínez, José Ramón & Sorolla i Amat, Valeri, 2017, "When is there more employment, with individual or collective wage bargaining?," Economics Discussion Papers, Kiel Institute for the World Economy, number 2017-87.
• Carsten A. Holz & SUN Yue, 2017, "Physical Capital Estimates for China's Provinces, 1952-2015 and Beyond," CESifo Working Paper Series, CESifo, number 6472.
• Christiane Baumeister & Lutz Kilian, 2017, "Lower Oil Prices and the U.S. Economy: Is this Time Different?," CESifo Working Paper Series, CESifo, number 6322.
• Etoundi Atenga, Eric Martial, 2017, "On the Determinants of output Co-movements in the CEMAC Zone:Examining the Role of Trade, Policy Channel, Economic Structure and Common Factors," MPRA Paper, University Library of Munich, Germany, number 82091, Oct.
• Barnett, William & Su, Liting, 2017, "Financial Firm Production of Inside Monetary and Credit Card Services: An Aggregation Theoretic Approach," MPRA Paper, University Library of Munich, Germany, number 82061, Oct.
• Item repec:dnb:dnbwpp:574 is not listed on IDEAS anymore

• Kiyohiko G. Nishimura & Junko Ishikawa, 2017, "Understanding Macroeconomic Statistics: An "Ideal-Type" Economy Approach," CARF F-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo, number CARF-F-424, Oct.
• Wensheng, Kang & Ratti, Ronald & Vespignani, Joaquin, 2017, "Impact of Global Uncertainty on the Global Economy and Large Developed and Developing Economies," MPRA Paper, University Library of Munich, Germany, number 82188, Oct.
• Jakob B Madsen, 2017, "Is Inequality Increasing in r - g? PikettyÕs Principle of Capitalist Economics and the Dynamics of Inequality in Britain, 1210-2013," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2017-63, Oct.
• Sven Steinkamp & Aaron Tornell & Frank Westermann, 2017, "The Euro Area's Common Pool Problem Revisited: Has the Single Supervisory Mechanism Ameliorated Forbearance and Evergreening," CESifo Working Paper Series, CESifo, number 6670.
• Konstantinos Angelopoulos & Spyridon Lazarakis & Jim Malley, 2017, "Wealth Inequality and Externalities from Ex Ante Skill Heterogeneity," CESifo Working Paper Series, CESifo, number 6572.
• Thorsten Beck & Steven Poelhekke, 2017, "Follow the Money: Does the Financial Sector Intermediate Natural Resource Windfalls?," CESifo Working Paper Series, CESifo, number 6374.
• Gartner, Hermann & Carbonero, Francesco, 2017, "Search Cost and Search Duration for New Hires," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168141.
• Ricardo T. Fernholz & Kris James Mitchener & Marc Weidenmier, 2017, "Pulling up the Tarnished Anchor: The End of Silver as a Global Unit of Account," CESifo Working Paper Series, CESifo, number 6436.
• Alexander Bick & Nicola Fuchs-Schündeln, 2017, "Taxation and Labor Supply of Married Couples across Countries: A Macroeconomic Analysis," CESifo Working Paper Series, CESifo, number 6325.
• Matthias Kehrig & Nicolas Vincent, 2017, "Do Firms Mitigate or Magnify Capital Misallocation? Evidence from Planet-Level Data," CESifo Working Paper Series, CESifo, number 6401.
• Donatella Baiardi & Paola Profeta & Riccardo Puglisi & Simona Scabrosetti, 2017, "Tax Policy and Economic Growth: Does It Really Matter?," CESifo Working Paper Series, CESifo, number 6343.
• Aurélien Goutsmedt, 2017, "Stagflation and the crossroad in macroeconomics: the struggle between structural and New Classical macroeconometrics," Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, number 17043, Oct.
• Guglielmo Maria Caporale & Hector Carcel & Luis A. Gil-Alana, 2017, "Central Bank Policy Rates: Are they Cointegrated?," CESifo Working Paper Series, CESifo, number 6389.
• Malte Rieth, 2017, "Capital Taxation and Government Debt Policy with Public Discounting," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1697.
• Alexandre B. Cunha & Emanuel Ornelas, 2017, "The Limits of Political Compromise: Debt Ceilings and Political Turnover," CESifo Working Paper Series, CESifo, number 6429.
• Loukas Karabarbounis & Gabriel Chodorow-Reich, 2017, "The Limited Macroeconomic Effects of Unemployment Benefit Extensions," 2017 Meeting Papers, Society for Economic Dynamics, number 834.
• Fabiano Schivardi & Enrico Sette & Guido Tabellini, 2017, "Credit Misallocation During the European Financial Crisis," CESifo Working Paper Series, CESifo, number 6406.
• László Jankovics & Monika Sherwood, 2017, "Independent Fiscal Institutions in the EU Member States: The Early Years," European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 067, Jul.
• Item repec:bof:bofitp:2017_014 is not listed on IDEAS anymore

• Daniela Marconi & Christian Upper, 2017, "Capital Misallocation and Financial Development: A Sector-Level Analysis," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1143, Oct.
• Jae Shim, 2016, "Financial Frictions in the Small Open Economy," Department of Economics Working Papers, University of Bath, Department of Economics, number 50/16, Jun.
• Torben M. Andersen & Joydeep Bhattacharya, 2017, "Why Mandate Young Borrowers to Contribute to their Retirement Accounts?," CESifo Working Paper Series, CESifo, number 6577.
• Mariacristina De Nardi & Svetlana Pashchenko & Ponpoje Porapakkarm, 2017, "The Lifetime Costs of Bad Health," Working Papers, Human Capital and Economic Opportunity Working Group, number 2017-079, Oct.
• Imran Shah & Diaz Vela Carlos & Yuan Wang, 2017, "Revisiting the Dynamics Effects of Oil Price Shocks on Small Developing Economies," Department of Economics Working Papers, University of Bath, Department of Economics, number 65/17, Mar.
• Keiichiro Kobayashi & Tomoyuki Nakajima, 2017, "A macroeconomic model of liquidity crises," CIGS Working Paper Series, The Canon Institute for Global Studies, number 17-010E, Oct.
• Yoshida, Jiro, 2017, "Stock Prices, Regional Housing Prices, and Aggregate Technology Shocks," HIT-REFINED Working Paper Series, Institute of Economic Research, Hitotsubashi University, number 72, Oct.
• Robert S. Kaplan, 2017, "Assessment of Current Economic Conditions and Implications for Monetary Policy, February 13, 2017," Speeches and Essays, Federal Reserve Bank of Dallas, number 168, Feb.
• Cosmin Ilut & Matthias Kehrig & Martin Schneider, 2017, "Slow to Hire, Quick to Fire: Employment Dynamics with Asymmetric Responses to News," CESifo Working Paper Series, CESifo, number 6414.
• Grégory Claeys, 2017, "The missing pieces of the euro architecture," Bruegel Policy Contributions, Bruegel, number 22566, Oct.
• EZZAHID, Elhadj & NIHOU, Abdelaziz, 2017, "Capital deepening and efficiency in Morocco," MPRA Paper, University Library of Munich, Germany, number 82143, Oct.
• Marc Giannoni & Domenico Giannone & Andrea Tambalotti & Marco Del Negro, 2017, "Safety, Liquidity, and the Natural Rate of Interest," 2017 Meeting Papers, Society for Economic Dynamics, number 803.
• Konstantinos Angelopoulos & Spyridon Lazarakis & Jim Malley, 2017, "Asymmetries in Earnings, Employment and Wage Risk in Great Britain," CESifo Working Paper Series, CESifo, number 6400.
• Schelkle, Thomas, 2017, "Measuring Factor Misallocation: General Methods and Evidence on the Great Recession," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168105.
• Nazib, Nur Afiyah & Masih, Mansur, 2017, "The response of monetary policy shocks on Islamic bank deposits: evidence from Malaysia based on ARDL approach," MPRA Paper, University Library of Munich, Germany, number 82094, Jun.
• Matthias Kehrig & Nicolas Vincent, 2017, "Growing Productivity without Growing Wages: The Micro-Level Anatomy of the Aggregate Labor Share Decline," CESifo Working Paper Series, CESifo, number 6454.
• Steven Brakman & Charles van Marrewijk & Charles van Marrewijk, 2017, "Resilience, Supply Chains and the Great Recession," CESifo Working Paper Series, CESifo, number 6505.
• Machasio, Immaculate & Tillmann, Peter, 2017, "Remittance Inflows and State-Dependent Monetary Policy Transmission in Developing Countries," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168137.
• Nika Lazaryan & Thomas A. Lubik, 2017, "Global Dynamics in a Search and Matching Model of the Labor Market," Working Paper, Federal Reserve Bank of Richmond, number 17-12, Oct.
• Schlegl, Matthias & Illing, Gerhard & Ono, Yoshiyasu, 2017, "Asset Prices and Leverage in a Model of Persistent Stagnation," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association, number 168174.
• Marianne Andries & Valentin Haddad, 2017, "Information Aversion," NBER Working Papers, National Bureau of Economic Research, Inc, number 23958, Oct.
• Christoph Basten & Benjamin Guin & Cathérine Tahmee Koch, 2017, "How Do Banks and Households Manage Interest Rate Risk? Evidence from the Swiss Mortgage Market," CESifo Working Paper Series, CESifo, number 6649.
• Ko Nakayama & Shigenori Shiratsuka, 2017, "Monetary Policy: Lessons Learned and Challenges Ahead. Summary of the 2017 BOJ-IMES Conference Organized by the Institute for Monetary and Economic Studies of the Bank of Japan," IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan, number 17-E-09, Oct.
• Hori, Masahiro & Niizeki, Takeshi, 2017, "Housing Wealth Effects in Japan: Evidence Based on Household Micro Data," HIT-REFINED Working Paper Series, Institute of Economic Research, Hitotsubashi University, number 69, Sep.

Report NEP-MAC-2017-11-05

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: