Report NEP-MAC-2017-11-26

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:

• Alexander Doser & Ricardo Nunes & Nikhil Rao & Viacheslav Sheremirov, 2017, "Inflation expectations and nonlinearities in the Phillips curve," Working Papers, Federal Reserve Bank of Boston, number 17-11, Oct.
• María Jose Luengo-Prado & Nikhil Rao & Viacheslav Sheremirov, 2017, "Sectoral inflation and the Phillips curve: what has changed since the Great Recession?," Current Policy Perspectives, Federal Reserve Bank of Boston, number 17-5, Nov.
• Sigríður Benediktsdóttir & Gauti B. Eggertsson & Eggert Þórarinsson, 2017, "The Rise, the Fall, and the Resurrection of Iceland," NBER Working Papers, National Bureau of Economic Research, Inc, number 24005, Nov.
• Paul Hubert, 2017, "Central Bank Information and the effects of Monetary shocks," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2017-19, Sep.
• Sharon Kozicki & Jill Vardy, 2017, "Communicating Uncertainty in Monetary Policy," Discussion Papers, Bank of Canada, number 17-14, DOI: 10.34989/sdp-2017-14.
• Rhys R. Mendes & Stephen Murchison & Carolyn A. Wilkins, 2017, "Monetary Policy Under Uncertainty: Practice Versus Theory," Discussion Papers, Bank of Canada, number 17-13, DOI: 10.34989/sdp-2017-13.
• Olivier J Blanchard, 2017, "Should We Reject the Natural Rate Hypothesis?," Working Paper Series, Peterson Institute for International Economics, number WP17-14, Nov.
• Elisa Palagi & Mauro Napoletano & Andrea Roventini & Jean-Luc Gaffard, 2017, "Inequality, Redistributive Policies and multipliers dynamics in an agent based model with Credit rationing," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2017-06, Jan.
• Jonathan Benchimol & André Fourçans, 2017, "Monetary Rule, Central Bank Loss and Household’s Welfare: an Empirical Investigation," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 329, Oct, DOI: 10.24149/gwp329.
• Knut Are Aastveit & André K. Anundsen & Eyo I. Herstad, 2017, "Residential investment and recession predictability," Working Paper, Norges Bank, number 2017/24, Nov.
• Christophe Blot & Jérôme Creel & Paul Hubert & Fabien Labondance, 2017, "Eurozone bond market dynamics, ECB monetary policy and financial stress," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2017-18, Sep.
• Lars E.O. Svensson, 2017, "What Rule for the Federal Reserve? Forecast Targeting," NBER Working Papers, National Bureau of Economic Research, Inc, number 23993, Nov.
• Alejandro Justiniano & Giorgio E. Primiceri & Andrea Tambalotti, 2017, "The mortgage rate conundrum," Staff Reports, Federal Reserve Bank of New York, number 829, Nov.
• Caroleo, Floro Ernesto & Pastore, Francesco, 2017, "Investing in human capital to boost growth!," GLO Discussion Paper Series, Global Labor Organization (GLO), number 144.
• Mykola Babiak, 2017, "Generalized Disappointment Aversion, Learning, and Asset Prices," CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague, number wp606, Oct.
• Ehnts, Dirk & Barbaroux, Nicolas, 2017, "From Wicksell to Le Bourva to Modern Monetary Theory: A Wicksell connection," IPE Working Papers, Berlin School of Economics and Law, Institute for International Political Economy (IPE), number 92/2017.
• Anindya Banerjee & Victor Bystrov & Paul Mizen, 2017, "Structural Factor Analysis of Interest Rate Pass Through In Four Large Euro Area Economies," Working Papers in Economics, University of Canterbury, Department of Economics and Finance, number 17/07, Nov.
• Reinhard Neck & Sohbet Karbuz, 2017, "Dynamic Optimization under Uncertainty: A Case Study for Austrian Macroeconomic Policies," Proceedings of International Academic Conferences, International Institute of Social and Economic Sciences, number 5808250, Oct.
• Chi-Young Choi & Alexander Chudik, 2017, "Geographic Inequality of Economic Well-being among U.S. Cities: Evidence from Micro Panel Data," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 330, Nov, DOI: 10.24149/gwp330.
• Giovanni Dosi & Marcelo C. Pereira & Andrea Roventini & Maria Enrica Virgillito, 2017, "Causes and consequences of hysteresis : aggregate demand, productivity and employment," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2017-07, Mar.
• David Rezza Baqaee & Emmanuel Farhi, 2017, "Productivity and Misallocation in General Equilibrium," NBER Working Papers, National Bureau of Economic Research, Inc, number 24007, Nov.
• Mike Anson & David Bholat & Miao Kang & Ryland Thomas, 2017, "The Bank of England as Lender of Last Resort: New historical evidence from daily transactional data," Working Papers, European Historical Economics Society (EHES), number 0117, Nov.
• Liutang Gong & Chan Wang & Heng-fu Zou, 2016, "Optimal monetary policy with international trade in intermediate inputs," CEMA Working Papers, China Economics and Management Academy, Central University of Finance and Economics, number 604, Jul.
• Saloua Chaouche & Rachid Toumache, 2017, "Construction of a New Keynesian DSGE Model ( Algeria's Monetary policy approach)," Proceedings of International Academic Conferences, International Institute of Social and Economic Sciences, number 5808143, Oct.
• Item repec:iab:iabdpa:201732 is not listed on IDEAS anymore

• Kulesza, Marta, 2017, "Inflation and hyperinflation in Venezuela (1970s-2016): A post-Keynesian interpretation," IPE Working Papers, Berlin School of Economics and Law, Institute for International Political Economy (IPE), number 93/2017.
• Michael T. Belongia & Peter N. Ireland, 2017, "The Demand for Divisia Money: Theory and Evidence," Boston College Working Papers in Economics, Boston College Department of Economics, number 937, Nov.
• Riccardo Trezzi & Luca Dedola & Giancarlo Corsetti, 2017, "Internal Devaluation and Macroeconomic Adjustment: Lessons from the Great Recession in the US," 2017 Meeting Papers, Society for Economic Dynamics, number 1096.
• Gräb, Johannes & Żochowski, Dawid, 2017, "The international bank lending channel of unconventional monetary policy," Working Paper Series, European Central Bank, number 2109, Nov.
• Vincent Sterk & Morten Ravn, 2017, "Macroeconomic Fluctuations with HANK & SAM: an Analytical Approach," 2017 Meeting Papers, Society for Economic Dynamics, number 1067.
• Snezana Eminidou & Marios Zachariadis & Elena Andreou, 2017, "Inflation Expectations and Monetary Policy Surprises," 2017 Meeting Papers, Society for Economic Dynamics, number 919.
• Yuto Iwasaki & Nao Sudo, 2017, "Myths and Observations on Unconventional Monetary Policy -- Takeaways from Post-Bubble Japan --," Bank of Japan Working Paper Series, Bank of Japan, number 17-E-11, Nov.
• Baldo, Luca & Hallinger, Benoît & Helmus, Caspar & Herrala, Niko & Martins, Débora & Mohing, Felix & Petroulakis, Filippos & Resinek, Marc & Vergote, Olivier & Usciati, Benoît & Wang, Yizhou, 2017, "The distribution of excess liquidity in the euro area," Occasional Paper Series, European Central Bank, number 200, Nov.
• Matteo Barigozzi & Matteo Luciani, 2017, "Common Factors, Trends, and Cycles in Large Datasets," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2017-111, Nov, DOI: 10.17016/FEDS.2017.111.
• Liutang Gong & Chan Wang & Fuyang Zhao & Heng-fu Zou, 2017, "Land-price dynamics and macroeconomic fluctuations with nonseparable preferences," CEMA Working Papers, China Economics and Management Academy, Central University of Finance and Economics, number 605, Oct.
• Item repec:ocp:rpaper:rp-1703 is not listed on IDEAS anymore

• Jim Fischer, 2017, "Is consumption tax regressive? A libertarian perspective," Proceedings of International Academic Conferences, International Institute of Social and Economic Sciences, number 5808138, Oct.
• Tahiri, Noor Rahman, 2017, "Comparative Analysis of Afghanistan and Pakistan Central Banks Monetary Policy," MPRA Paper, University Library of Munich, Germany, number 82653, Nov, revised 05 Nov 2017.
• Silvia Miranda-Agrippino & Giovanni Ricco, 2017, "The transmission of monetary policy shocks," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2017-15, May.
• Vasilios Plakandaras & Rangan Gupta & Mark E. Wohar, 2017, "An Assessment of UK Macroeconomic Volatility: Historical Evidence Using Over Seven Centuries of Data," Working Papers, University of Pretoria, Department of Economics, number 201779, Nov.
• Mauro Caselli & Stefano Schiavo & Lionel Nesta, 2017, "Markups and markdowns," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2017-11, Apr.
• Michael Bordo & Eric Monnet & Alain Naef, 2017, "The Gold Pool (1961-1968) and the Fall of the Bretton Woods System. Lessons for Central Bank Cooperation," NBER Working Papers, National Bureau of Economic Research, Inc, number 24016, Nov.
• Cinzia Alcidi & Mathias Dolls & Clemens Fuest & Carla Krolage & Florian Neumeier, 2017, "The Nature of Shocks in the Eurozone and Their Absorption Channels," EconPol Policy Reports, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 3.
• Barr, Nicholas & Diamond, Peter, 2017, "Designing a default structure: submission to the Inquiry into Superannuation: assessing efficiency and competitiveness," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 84391, Sep.
• Paulo Bastos & Natália P. Monteiro & Odd Rune Straume, 2017, "Foreign acquisition and internal organization," GEE Papers, Gabinete de Estratégia e Estudos, Ministério da Economia, number 0085, Nov, revised Nov 2017.
• David Rezza Baqaee & Emmanuel Farhi, 2017, "The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten’s Theorem," Discussion Papers, Centre for Macroeconomics (CFM), number 1734, Jun.
• Gindrute Kasnauskiene & Karol Michnevich, 2017, "Contribution of increased life expectancy to economic growth: evidence from CEE countries," Proceedings of International Academic Conferences, International Institute of Social and Economic Sciences, number 5807776, Oct.
• Nuno Palma, 2017, "Harbingers Of Modernity: Monetary Injections And European Economic Growth, 1492-1790," Working Papers, European Historical Economics Society (EHES), number 0116, Nov.
• Eric Rosengren, 2017, "Following a balanced approach: remarks at The Economic Policy Forum Fall 2017, Department of Economics, Northeastern University, Boston, Massachusetts, November 15, 2017," Speech, Federal Reserve Bank of Boston, number 124, Nov.
• Céline Antonin & Vincent Touzé, 2017, "Capital taxation : principles, properties and optimal taxation issues," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2017-08, Mar.
• Bryan Stuart, 2017, "The Long-Run Effects of Recessions on Education and Income," Working Papers, The George Washington University, Institute for International Economic Policy, number 2017-25.
• Xavier Ragot & Francois Le Grand, 2017, "Optimal Fiscal Policy with Heterogeneous Agents and Aggregate Shocks," 2017 Meeting Papers, Society for Economic Dynamics, number 969.
• Florian Huber & Gregor Kastner & Martin Feldkircher, 2016, "Should I stay or should I go? A latent threshold approach to large-scale mixture innovation models," Papers, arXiv.org, number 1607.04532, Jul, revised Jul 2018.
• John C. Williams, 2017, "When the United States Sneezes…," Speech, Federal Reserve Bank of San Francisco, number 184, Nov.
• Rose Cunningham & Christian Friedrich & Kristina Hess & Min Jae Kim, 2017, "Understanding the Time Variation in Exchange Rate Pass-Through to Import Prices," Discussion Papers, Bank of Canada, number 17-12, DOI: 10.34989/sdp-2017-12.
• José Ignacio Conde-Ruiz & Manuel Díaz Mendoza & Carmen Marín & Juan Rubio-Ramírez, 2017, "Observatorio Fiscal y Financiero de las CC.AA," Studies on the Spanish Economy, FEDEA, number eee2017-27, Nov.
• Hamidi Sahneh, Mehdi, 2017, "News, Noise, and Tests of Present Value Models," MPRA Paper, University Library of Munich, Germany, number 82715, Oct.
• Patrick T. Harker, 2017, "What to Expect When You’re Expecting to Normalize Monetary Policy," Speech, Federal Reserve Bank of Philadelphia, number 144, Nov.
• John Ameriks & Joseph S. Briggs & Andrew Caplin & Minjoon Lee & Matthew D. Shapiro & Christopher Tonetti, 2017, "Older Americans Would Work Longer If Jobs Were Flexible," NBER Working Papers, National Bureau of Economic Research, Inc, number 24008, Nov.
• Dovern, Jonas, 2017, "Recessions and Instable Estimates of Potential Output," Working Papers, University of Heidelberg, Department of Economics, number 0639, Nov.
• Edward L. Glaeser & Hyunjin Kim & Michael Luca, 2017, "Nowcasting the Local Economy: Using Yelp Data to Measure Economic Activity," NBER Working Papers, National Bureau of Economic Research, Inc, number 24010, Nov.
• Item repec:cwl:cwldpp:3012 is not listed on IDEAS anymore

• Ariel Burstein, 2017, "The Aggregate Implications of Innovative Investment in the Garcia-Macia, Hsieh, and Klenow Model," 2017 Meeting Papers, Society for Economic Dynamics, number 917.
• J. Scott Davis & Andrei Zlate, 2017, "Monetary Policy Divergence, Net Capital Flows, and Exchange Rates: Accounting for Endogenous Policy Responses," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 328, Oct, DOI: 10.24149/gwp328.
• Qichun He & Heng-fu Zou, 2016, "Does inflation cause growth in the reform-era China? Theory and evidence," CEMA Working Papers, China Economics and Management Academy, Central University of Finance and Economics, number 601, Sep.
• Angel De la Fuente, 2017, "Series enlazadas de algunos agregados economicos regionales, 1955-2014," Working Papers, BBVA Bank, Economic Research Department, number 17/22, Sep.
• N. Gregory Mankiw & Ricardo Reis, 2017, "Friedman’s Presidential Address in the Evolution of Macroeconomic Thought," Discussion Papers, Centre for Macroeconomics (CFM), number 1732, Nov.
• Naba Kumar Adak, 2017, "Banks Cannot Either Multiply or Increase the Amount of Money or Create Deposits Without Backing of Matching Reserve; Only Central Bank Creates Money," Proceedings of International Academic Conferences, International Institute of Social and Economic Sciences, number 5808261, Oct.
• Nitya Pandalai Nayar & Andrei Levchenko, 2017, "TFP, News and "Sentiments:" The International Transmission of Business Cycles," 2017 Meeting Papers, Society for Economic Dynamics, number 1076.
• Bjoern Bruegemann, 2017, "Privately Efficient Wage Rigidity Under Diminishing Returns," 2017 Meeting Papers, Society for Economic Dynamics, number 978.
• Liutang Gong & Chan Wang & Heng-fu Zou, 2017, "Optimal Exchange-Rate Policy in a Model of Local-Currency Pricing with Vertical Production and Trade," CEMA Working Papers, China Economics and Management Academy, Central University of Finance and Economics, number 603, Feb.
• Goodhart, Charles & Lastra, Rosa, 2017, "Populism and central bank independence," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 83164, Jun.
• Frédéric Reynès, 2017, "The Cobb-Douglas function as a flexible function. Analysing the substitution between capital, labor and energy," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2017-12, Apr.
• Fernando Rugitsky, 2017, "The rise and fall of the Brazilian economy (2004-2015): the economic antimiracle," Working Papers, Department of Economics, University of São Paulo (FEA-USP), number 2017_29, Nov.
• Ebaidalla Mahjoub Ebaidalla, 2017, "Determinants and Macroeconomic Impact of Parallel Market For Foreign Exchange in Sudan," Working Papers, Economic Research Forum, number 1155, 11, revised 11 2017.
• Item repec:ehl:lserod:83658 is not listed on IDEAS anymore

• Marie Hoerova & Harald Uhlig & Fiorella De Fiore, 2017, "The Macroeconomic Impact of Money Market Freezes," 2017 Meeting Papers, Society for Economic Dynamics, number 1092.

Report NEP-MAC-2017-11-26

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: