Report NEP-MAC-2018-02-19

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:

• Ioannis Ntzoufras & Claudia Tarantola & Monia Lupparelli, 2018, "Probability Based Independence Sampler for Bayesian Quantitative Learning in Graphical Log-Linear Marginal Models," DEM Working Papers Series, University of Pavia, Department of Economics and Management, number 149, Jan.
• Hamed Ghiaie, 2018, "Shadow Bank run, Housing and Credit Market: The Story of a Recession," Thema Working Papers, THEMA (Théorie Economique, Modélisation et Applications), CY Cergy-Paris University, ESSEC and CNRS, number 2018-01.
• Francesco D’Acunto & Daniel Hoang & Michael Weber, 2018, "Unconventional Fiscal Policy," NBER Working Papers, National Bureau of Economic Research, Inc, number 24244, Jan.
• Paul Beaudry & Franck Portier, 2018, "Real Keynesian Models and Sticky Prices," NBER Working Papers, National Bureau of Economic Research, Inc, number 24223, Jan.
• Roldán-Peña Jessica & Torres-Ferro Mauricio & Torres García Alberto, 2017, "Trade-offs between Inflation Targeting and Financial Stability Objectives: Drivers of Gains from Coordinating Monetary and Macroprudential Policies," Working Papers, Banco de México, number 2017-22, Dec.
• Gregor, Jiri & Melecky, Martin, 2018, "The Pass-Through of Monetary Policy Rate to Lending Rates: The Role of Macro-financial Factors," MPRA Paper, University Library of Munich, Germany, number 84048, Jan.
• Ewan McGaughey & Centre for Business Research, 2018, "Will Robots Automate Your Job Away? Full Employment, Basic Income, and Economic Democracy," Working Papers, Centre for Business Research, University of Cambridge, number wp496, Mar.
• Al-Jarhi, Mabid, 2017, "Inefficiencies in Search Models: The Case for Islamic Finance," MPRA Paper, University Library of Munich, Germany, number 82064, Apr, revised 19 Oct 2017.
• Andrea Boitani & Chiara Punzo, 2018, "Banks’ leverage behaviour in a two-agent New Keynesian model," DEM Working Papers Series, University of Pavia, Department of Economics and Management, number 150, Jan.
• Lorenza Rossi & Emilio Zanetti Chini, 2018, "Firms Dynamics and Business Cycle: New Disaggregated Data," DEM Working Papers Series, University of Pavia, Department of Economics and Management, number 151, Feb.
• Joshua Brault & Hashmat Khan, 2018, "The Shifts in Lead-Lag Properties of the US Business Cycle," Carleton Economic Papers, Carleton University, Department of Economics, number 18-03, Feb, revised 01 Mar 2019.
• António Afonso & Luís Gonçalves, 2018, "The Policy Mix in the US and EMU: Evidence from a SVAR Analysis," Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa, number 2018/28, Feb.
• Hommes, Cars H. & Lustenhouwer, Joep & Mavromatis, Kostas, 2017, "Fiscal consolidations and heterogeneous expectations," BERG Working Paper Series, Bamberg University, Bamberg Economic Research Group, number 132.
• Brent Bundick & Andrew Lee Smith, 2018, "Does Communicating a Numerical Inflation Target Anchor Inflation Expectations? Evidence & Bond Market Implications," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 18-1, Jan, DOI: 10.18651/RWP2018-01.
• Gaballo, Gaetano & Andrade, Philippe & Mengus, Eric & Mojon, Benoit, 2018, "Forward Guidance and Heterogeneous Beliefs," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12650, Jan.
• Holtemöller, Oliver & Scherer, Jan-Christopher, 2022, "Sovereign stress, banking stress, and the monetary transmission mechanism in the Euro area," IWH Discussion Papers, Halle Institute for Economic Research (IWH), number 3/2018, revised 2022.
• Costas Karfakis & Eftychia Karfaki, 2018, "Is the financial cycle a leading indicator of real output during expansions and contractions? A quantile analysis for Greece," Discussion Paper Series, Department of Economics, University of Macedonia, number 2018_02, Feb, revised Feb 2018.
• Forbes, Kristin & Kirkham, Lewis & Theodoridis, Konstantinos, 2018, "A Trendy Approach to UK Inflation Dynamics," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12652, Jan.
• Edouard Challe, 2017, "Uninsured Unemployment Risk and Optimal Monetary Policy," Working Papers, Center for Research in Economics and Statistics, number 2017-54, Nov.
• HILL Robert J. & STEURER Miriam & WALTL Sofie R., 2018, "Owner Occupied Housing in the CPI and Its Impact On Monetary Policy During Housing Booms and Busts," LISER Working Paper Series, Luxembourg Institute of Socio-Economic Research (LISER), number 2018-05, Feb.
• Auray Stéphane & Eyquem Aurélien, 2017, "Unemployment, Borrowing Constraints and Stabilization Policies," Working Papers, Center for Research in Economics and Statistics, number 2017-63, Sep.
• Daniel R. Feenberg & Clinton Tepper & Ivo Welch, 2018, "Are Interest Rates Really Low?," NBER Working Papers, National Bureau of Economic Research, Inc, number 24258, Jan.
• Chris Redl, 2017, "The impact of uncertainty shocks in the United Kingdom," Bank of England working papers, Bank of England, number 695, Nov.
• Hongyi Chen & Ran Li & Peter Tillmann, 2018, "Pushing on a String: State-Owned Enterprises and Monetary Policy Transmission in China," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 201806.
• Lustenberger, Thomas & Rossi, Enzo, 2018, "Does Central Bank Transparency and Communication Affect Financial and Macroeconomic Forecasts?," Working papers, Faculty of Business and Economics - University of Basel, number 2018/06.
• Andrew haldane & Arthur Turrell, 2017, "An interdisciplinary model for macroeconomics," Bank of England working papers, Bank of England, number 696, Nov.
• Shifu Jiang, 2017, "The Ramsey Cooperative and Non-Cooperative Unconventional Monetary Policy," FIW Working Paper series, FIW, number 180, Dec.
• Garcés Díaz Daniel, 2017, "Explaining Inflation with a Classical Dichotomy Model and Switching Monetary Regimes: Mexico 1932-2013," Working Papers, Banco de México, number 2017-20, Dec.
• Lustenhouwer, Joep & Mavromatis, Kostas, 2017, "Fiscal consolidations and finite planning horizons," BERG Working Paper Series, Bamberg University, Bamberg Economic Research Group, number 130.
• Marco Di Maggio & Amir Kermani & Kaveh Majlesi, 2018, "Stock Market Returns and Consumption," NBER Working Papers, National Bureau of Economic Research, Inc, number 24262, Jan.
• Christophe Blot & Paul Hubert & Fabien Labondance, 2018, "Monetary Policy and Asset Price Bubbles," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2018-5.
• Will Dison & Konstantinos Theodoridis, 2017, "Do macro shocks matter for equities?," Bank of England working papers, Bank of England, number 692, Nov.
• Lustenberger, Thomas & Rossi, Enzo, 2018, "The Social Value of Information: A Test of a Beauty and Non-Beauty Contest," Working papers, Faculty of Business and Economics - University of Basel, number 2018/05.
• Emilio Colombo & Lorenzo Menna & Patrizio Tirelli, 2018, "Informality and the Labor Market Effects of Financial Crises," DISEIS - Quaderni del Dipartimento di Economia internazionale, delle istituzioni e dello sviluppo, Università Cattolica del Sacro Cuore, Dipartimento di Economia internazionale, delle istituzioni e dello sviluppo (DISEIS), number dis1801.
• Ambrogio Cesa Bianchi & Andrej Sokol, 2017, "Financial shocks, credit spreads and the international credit channel," Bank of England working papers, Bank of England, number 693, Nov.
• Zheng Michael Song & Wei Xiong, 2018, "Risks in China’s Financial System," NBER Working Papers, National Bureau of Economic Research, Inc, number 24230, Jan.
• Hommes, Cars H. & Lustenhouwer, Joep, 2017, "Managing unanchored, heterogeneous expectations and liquidity traps," BERG Working Paper Series, Bamberg University, Bamberg Economic Research Group, number 131.
• Been-Lon Chen & Mei Hsu & Yu-Shan Hsu, 2018, "Progressive Taxation and Macroeconomic Stability in Two‐sector Models with Social Constant Returns," IEAS Working Paper : academic research, Institute of Economics, Academia Sinica, Taipei, Taiwan, number 18-A003, Jan.
• 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," Bank of England working papers, Bank of England, number 691, Nov.
• Saghir, Marouan & Aston, John, 2017, "The Impact of Various Economic Factors in accessing Finance within the Business Sector: Cases from UK Financial Services Companies," MPRA Paper, University Library of Munich, Germany, number 84052, Apr, revised 20 May 2017.
• Bruce Fallick & Pawel Krolikowski, 2018, "Hysteresis in Employment among Disadvantaged Workers," Working Papers (Old Series), Federal Reserve Bank of Cleveland, number 1801, Feb, DOI: 10.26509/frbc-wp-201801.
• Item repec:eea:boewps:wp2018-2 is not listed on IDEAS anymore

• Abuselidze, George, 2018, "Monetary System of Georgia in XI-XII centuries and its Effect on Economic Activity," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 173283.
• Tatiana Cesaroni & Riccardo De Bonis & Luigi Infante, 2018, "Firms’ financial surpluses in advanced economies:the role of net foreign direct investments," Working Papers LuissLab, Dipartimento di Economia e Finanza, LUISS Guido Carli, number 18137.
• Item repec:cui:wpaper:0043 is not listed on IDEAS anymore

• Frédérique Bec & Raouf Boucekkine & Caroline Jardet, 2017, "Why are inflation forecasts sticky?," Working Papers, Center for Research in Economics and Statistics, number 2017-17, Nov.
• Reto Foellmi & Adrian Jäggi & Rina Rosenblatt-Wisch, 2018, "Loss Aversion at the Aggregate Level Across Countries and its Relation to Economic Fundamentals," Working Papers, Swiss National Bank, number 2018-01.
• Dario Caldara & Matteo Iacoviello, 2018, "Measuring Geopolitical Risk," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1222r1, Feb, revised 23 Mar 2022, DOI: 10.17016/IFDP.2018.1222r1.
• Eduardo A. Haddad & Natalia Q. Cotarelli, Thiago C. Simonato, Vinicius A. Vale & Jaqueline C. Visentin, 2018, "The Grand Tour: Keynes and Goodwin go to Greece," Working Papers, Department of Economics, University of São Paulo (FEA-USP), number 2018_01, Feb.
• Le, Vo Phuong Mai & Meenagh, David & Minford, Patrick, 2018, "Financial stability: To Regulate or Not? A public choice inquiry," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2018/4, Jan.
• Bäurle, Gregor & Lein, Sarah M. & Steiner, Elizabeth, 2018, "Employment Adjustment and Financial Constraints - Evidence from Firm-level Data," Working papers, Faculty of Business and Economics - University of Basel, number 2018/07.
• Item repec:imf:imfwpa:17/281 is not listed on IDEAS anymore

• Kevin Luo & Tomoko Kinugasa, 2018, "Do natural disasters influence long-term saving?: Assessing the impact of the 2008 Sichuan earthquake on household saving rates using synthetic control," Discussion Papers, Graduate School of Economics, Kobe University, number 1804, Feb.
• Thomas M. Mertens & John C. Williams, 2020, "What to Expect from the Lower Bound on Interest Rates: Evidence from Derivatives Prices," Working Paper Series, Federal Reserve Bank of San Francisco, number 2018-03, Sep, DOI: 10.24148/wp2018-03.
• Jan Bruha & Michal Hlavacek & Lubos Komarek, 2017, "House Prices and Household Consumption: The Case of the Czech Republic," Working Papers, Czech National Bank, Research and Statistics Department, number 2017/11, Dec.
• Richard Rogerson & Johanna Wallenius, 2018, "Household Time Use Among Older Couples: Evidence and Implications for Labor Supply Parameters," NBER Working Papers, National Bureau of Economic Research, Inc, number 24263, Jan.
• Campos, Nauro F. & Macchiarelli, Corrado, 2016, "Core and periphery in the European Monetary Union: Bayoumi and Eichengreen 25 years later," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 68132, Oct.
• Nikolaos Antonakakis & David Gabauer & Rangan Gupta, 2018, "International Monetary Policy Spillovers: Evidence from a TVP-VAR," Working Papers, University of Pretoria, Department of Economics, number 201806, Jan.
• German Cubas & Pedro Silos, 2018, "Social Insurance and Occupational Mobility," DETU Working Papers, Department of Economics, Temple University, number 1802, Feb.
• Dan Cao & Iván Werning, 2018, "Saving and Dissaving with Hyperbolic Discounting," NBER Working Papers, National Bureau of Economic Research, Inc, number 24257, Jan.
• Caliendo, Lorenzo & Opromolla, Luca David & Parro, Fernando & Sforza, Alessandro, 2017, "Goods and factor market integration: a quantitative assessment of the EU enlargement," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 86586, Aug.
• Isaac Baley & Lars Ljungqvist & Thomas J. Sargent, 2018, "Turbulence and unemployment in matching models," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1598, Jan, revised Jul 2020.
• Nicodème, Gaëtan & d'Andria, Diego & Alvarez-Martinez, Maria & Barrios, Salvador & Gesualdo, Maria & Pycroft, Jonathan, 2018, "How Large is the Corporate Tax Base Erosion and Profit Shifting? A General Equilibrium Approach," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12637, Jan.
• Massimiliano Pisani & Filippo Vergara Caffarelli, 2018, "What will Brexit mean for the British and euro-area economies? A model-based assessment of trade regimes," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1163, Jan.
• Zhou, Haiwen, 2018, "The Choice of Technology and Equilibrium Wage Rigidity," MPRA Paper, University Library of Munich, Germany, number 84498, Feb.
• Jean-Luc Gaffard, 2018, "Monnaie, crédit et inflation : l'analyse de Le Bourva revisitée," GREDEG Working Papers, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France, number 2018-03, Feb.
• Dal Borgo Mariela, 2018, "Ethnic and Racial Disparities in Saving Behavior," Working Papers, Banco de México, number 2018-02, Jan.
• Ryan A. Decker & John C. Haltiwanger & Ron S. Jarmin & Javier Miranda, 2018, "Changing Business Dynamism and Productivity: Shocks vs. Responsiveness," NBER Working Papers, National Bureau of Economic Research, Inc, number 24236, Jan.
• June Ma & Joshua S. Gans & Rabee Tourky, 2018, "Market Structure in Bitcoin Mining," NBER Working Papers, National Bureau of Economic Research, Inc, number 24242, Jan.
• Been-Lon Chen & Shun‐Fa Lee & Xavier Raurich, 2018, "Non‐separable Utilities and Aggregate Instability," IEAS Working Paper : academic research, Institute of Economics, Academia Sinica, Taipei, Taiwan, number 18-A002, Jan.
• Martinho, Vítor João Pereira Domingues, 2018, "Financial realities for farms in the European Union: Relationships between farming and governmental interactions within the Triple Helix concept," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 173284.
• Item repec:imf:imfwpa:18/1 is not listed on IDEAS anymore

• Zheng Jian & Alberto Isgut, 2017, "Issues paper on tax policy and public expenditure management in Asia and the Pacific," MPDD Working Paper Series, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), number WP/17/06, Dec.
• Item repec:imf:imfwpa:17/286 is not listed on IDEAS anymore

• James H. Stock & Mark W. Watson, 2018, "Identification and Estimation of Dynamic Causal Effects in Macroeconomics Using External Instruments," NBER Working Papers, National Bureau of Economic Research, Inc, number 24216, Jan.
• John C. Williams, 2018, "Expecting the Expected: Staying Calm When the Data Meet the Forecasts," Speech, Federal Reserve Bank of San Francisco, number 186, Feb.
• Jagjit S Chadha & Germana Corrado & Luisa Corrado, 2018, "Consumption Dynamics, Housing Collateral and Stabilisation Policies: A Way Forward for Policy Co-Ordination?," National Institute of Economic and Social Research (NIESR) Discussion Papers, National Institute of Economic and Social Research, number 486, Feb.
• World Bank Group, 2017, "Somalia Economic Update, July 2017," World Bank Publications - Reports, The World Bank Group, number 28112, Jul.
• Andreas Hanl, 2018, "Some Insights into the Development of Cryptocurrencies," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 201804.
• Maheu, John M & Song, Yong & Yang, Qiao, 2018, "Oil Price Shocks and Economic Growth: The Volatility Link," MPRA Paper, University Library of Munich, Germany, number 83999, Jan.
• Auray Stéphane & Fuller David & Lkhagvasuren Damba, 2017, "Unemployment Insurance Take-up Rates in an Equilibrium Search Model," Working Papers, Center for Research in Economics and Statistics, number 2017-58, Jul.
• Petr Vanek & Petr Korab, 2018, "Determinants of Deposit and Credit Euroization in Eastern Europe: A Bayesian Model Averaging Evidence," MENDELU Working Papers in Business and Economics, Mendel University in Brno, Faculty of Business and Economics, number 2018-73, Feb.
• Item repec:imf:imfwpa:17/277 is not listed on IDEAS anymore

• Mateo Cordier & Thomas Poitelon & Walter Hecq, 2018, "Developing a shared environmental responsibility principle for distributing cost of restoring marine habitats destroyed by industrial harbors," Working Papers CEB, ULB -- Universite Libre de Bruxelles, number 18-008, Jan.
• Auray Stéphane & Fuller David & Lkhagvasuren Damba & Terracol Antoine, 2017, "Dynamic Comparative Advantage, Directed Mobility Across Sectors, and Wages," Working Papers, Center for Research in Economics and Statistics, number 2017-59, Aug.
• Mergeani, Nicea & Dănciulescu, Andreea-Gabriela & Romeo, Dănciulescu, 2017, "Continuous education and training of adults – purpose of an active life on the labour market," MPRA Paper, University Library of Munich, Germany, number 83660.
• Karsten Kohler & Alexander Guschanski & Engelbert Stockhammer, 2018, "The impact of financialisation on the wage share: a theoretical clarification and empirical test," Working Papers, Post Keynesian Economics Society (PKES), number PKWP1802, Jan.
• World Bank, 2017, "Rwanda Economic Update, August 2017," World Bank Publications - Reports, The World Bank Group, number 28111, Aug.
• Stefano Farne & David Arturo Rodr�guez Guerrero & Paola R�os, 2016, "Impacto de los subsidios estatales sobre el mercado laboral en Colombia," Obs. Mercado de Trabajo y Seguridad Social, Universidad Externado de Colombia, number 16013, Aug.
• Minford, Lucy & Meenagh, David, 2018, "Testing a model of UK growth - a causal role for R&D subsidies," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2018/3, Jan.
• Marco Ranaldi, 2016, "On the Measurement of Functional Income Distribution," Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, number 16051rr, Jul, revised Feb 2018.
• World Bank, 2017, "Taking Stock, July 2017," World Bank Publications - Reports, The World Bank Group, number 28114, Jul.
• Silvia Magri, 2018, "Are lenders using risk-based pricing in the consumer loan market? The effects of the 2008 crisis," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1164, Jan.
• Ariel Dvoskin & Germán David Feldman & Guido Ianni, 2018, "New-Structuralist Exchange-Rate Policy and the Pattern of Specialization in Latin American Countries," Centro Sraffa Working Papers, Centro di Ricerche e Documentazione 'Piero Sraffa', number CSWP28, Feb.
• Heinze, Henriette, 2018, "The determinants of German exports: An analysis of intra- and extra-EMU trade," IPE Working Papers, Berlin School of Economics and Law, Institute for International Political Economy (IPE), number 95/2018.
• John Duffy & Aikaterini Karadimitropoulou & Melanie Parravano, 2017, "Financial contagion in the laboratory: Does network structure matter?," Working Paper series, University of East Anglia, Centre for Behavioural and Experimental Social Science (CBESS), School of Economics, University of East Anglia, Norwich, UK., number 16-11R, Dec.
• Ndeye Penda Sokhna, 2018, "Contribution de l’immigration à la demande des biens et services finaux en France," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2018-7.
• Tobal Martín, 2017, "Prudential Regulation, Currency Mismatches and Exchange Rates in Latin America and the Caribbean," Working Papers, Banco de México, number 2017-21, Dec.
• Antonio Ciccone, 2018, "International Commodity Prices and Civil War Outbreak: New Evidence for Sub-Saharan Africa and Beyond," Working Papers, Barcelona School of Economics, number 1016, Jan.

Report NEP-MAC-2018-02-19

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: