Report NEP-MAC-2018-04-09

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:

• Philippe Andrade & Jordi Gali & Hervé Le Bihan & Julien Matheron, 2018, "The Optimal Inflation Target and the Natural Rate of Interest," Working papers, Banque de France, number 670.
• Tarne, Ruben, 2018, "Proposals for monetary reform: A critical assessment using the general quantity equation by Wolfgang Stützel," IPE Working Papers, Berlin School of Economics and Law, Institute for International Political Economy (IPE), number 102/2018.
• Michael D. Bordo & Pierre Siklos, 2017, "Central Banks: Evolution and Innovation in Historical Perspective," Economics Working Papers, Hoover Institution, Stanford University, number 17105, May.
• François Geerolf & Thomas Grjebine, 2018, "Property Tax Shocks and Macroeconomics," Working Papers, CEPII research center, number 2018-03, Mar.
• Kopiec, Pawel, 2018, "Interbank Market Turmoils and the Macroeconomy," MPRA Paper, University Library of Munich, Germany, number 85028, Mar.
• Michael D. Bordo & Andrew T. Levin, 2017, "Central Bank Digital Currency And The Future Of Monetary Policy," Economics Working Papers, Hoover Institution, Stanford University, number 17104, Apr.
• Claudio Borio & Piti Disyatat & Mikael Juselius & Phurichai Rungcharoenkitkul, 2018, "Monetary policy in the grip of a pincer movement," BIS Working Papers, Bank for International Settlements, number 706, Mar.
• Goodness C. Aye & Rangan Gupta & Chi Keung Marco Lau & Xin Sheng, 2018, "Is There a Role for Uncertainty in Forecasting Output Growth in OECD Countries? Evidence from a Time Varying Parameter-Panel Vector Autoregressive Model," Working Papers, University of Pretoria, Department of Economics, number 201823, Mar.
• William Gatt, 2018, "Housing boom-bust cycles and asymmetric macroprudential policy," CBM Working Papers, Central Bank of Malta, number WP/02/2018.
• Michael D. Bordo & Arunima Sinha, 2016, "A Lesson from the Great Depression that the Fed Might Have Learned: A Comparison of the 1932 Open Market Purchases with Quantitative Easing," Economics Working Papers, Hoover Institution, Stanford University, number 16113, Oct.
• José Dorich & Nicholas Labelle & Vadym Lepetyuk & Rhys R. Mendes, 2018, "Could a Higher Inflation Target Enhance Macroeconomic Stability?," Staff Working Papers, Bank of Canada, number 18-17, DOI: 10.34989/swp-2018-17.
• Jacquinot, Pascal & Lozej, Matija & Pisani, Massimiliano, 2018, "Labour tax reforms, cross-country coordination and the monetary policy stance in the euro area: A structural model-based approach," Research Technical Papers, Central Bank of Ireland, number 2/RT/18, Feb.
• Adriel Jost, 2018, "Cultural Differences in Monetary Policy Preferences," Working Papers, Swiss National Bank, number 2018-02.
• Hanna O. Sakhno, 2018, "Central Bank Communication In The Xxi Century: A Survey Of Theory And Evidence," HSE Working papers, National Research University Higher School of Economics, number WP BRP 16/PSP/2018.
• Item repec:san:cdmawp:1801 is not listed on IDEAS anymore

• Falk Bräuning, 2017, "The liquidity effect of the Federal Reserve’s balance sheet reduction on short-term interest rates," Current Policy Perspectives, Federal Reserve Bank of Boston, number 18-1, Oct.
• Jarociński, Marek & Karadi, Peter, 2018, "Deconstructing monetary policy surprises: the role of information shocks," Working Paper Series, European Central Bank, number 2133, Feb.
• Kurt Mitman & Iourii Manovskii & Marcus Hagedorn, 2017, "Monetary Policy in Incomplete Market Models: Theory and Evidence," 2017 Meeting Papers, Society for Economic Dynamics, number 1605.
• Andrea Boitani & Salvatore Perdichizzi, 2018, "Public Expenditure Multipliers in recessions. Evidence from the Eurozone," DISCE - Working Papers del Dipartimento di Economia e Finanza, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE), number def068, Mar.
• De Sola Perea, Maite & Dunne, Peter G. & Puhl, Martin & Reininger, Thomas, 2018, "Sovereign Bond-Backed Securities: A VAR-for-VaR and Marginal Expected Shortfall Assessment," Research Technical Papers, Central Bank of Ireland, number 3/RT/18, Feb.
• Lüthi, Samuel & Wolter, Stefan C., 2018, "Are Apprenticeships Business Cycle Proof?," IZA Discussion Papers, Institute of Labor Economics (IZA), number 11374, Feb.
• Balázs Egert, 2018, "The quantification of structural reforms: extending the framework to emerging market economies," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2018-19.
• Balazs Egert, 2018, "The Quantification of Structural Reforms: Extending the Framework to Emerging Market Economies," CESifo Working Paper Series, CESifo, number 6921.
• Maria Teresa Medeiros Garcia & Vítor Hugo Ferreira Carvalho, 2018, "A static approach to the Nelson-Siegel-Svensson model: an application for several negative yield cases," Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa, number 2018/35, Mar.
• Huixin Bi & Eric M. Leeper & Campbell Leith, 2018, "Sovereign Default and Monetary Policy Tradeoffs," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 18-2, Mar, DOI: 10.18651/RWP2018-02.
• Nomahlubi Mavikela & Simba Mhaka & Andrew Phiri, 2018, "The inflation-growth relationship in SSA inflation targeting countries," Working Papers, Department of Economics, Nelson Mandela University, number 1801, Jan, revised Jan 2018.
• Philip Bunn & Alice Pugh & Chris Yeates, 2018, "The distributional impact of monetary policy easing in the UK between 2008 and 2014," Bank of England working papers, Bank of England, number 720, Mar.
• Michael D. Bordo, 2017, "An Historical Perspective on the Quest for Financial Stability and the Monetary Policy Regime," Economics Working Papers, Hoover Institution, Stanford University, number 17108, Aug.
• Timothy Kane, 2017, "Presidents and the US Economy from 1949 to 2016," Economics Working Papers, Hoover Institution, Stanford University, number 17101, Jan.
• Roger E A Farmer, 2018, "The Role of Financial Policy," National Institute of Economic and Social Research (NIESR) Discussion Papers, National Institute of Economic and Social Research, number 491, Mar.
• Lancastre, Manuel, 2016, "Inequality and Real Interest Rates," MPRA Paper, University Library of Munich, Germany, number 85047, Oct.
• Claire Greene & Scott Schuh & Joanna Stavins, 2018, "The 2012 diary of consumer payment choice," Research Data Report, Federal Reserve Bank of Boston, number 18-1, Jan.
• Item repec:imf:imfscr:18/65 is not listed on IDEAS anymore

• Item repec:imf:imfscr:18/78 is not listed on IDEAS anymore

• Francisco RUGE-MURCIA, 2018, "Asset Prices in a Small Production Network," Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ, number 02-2018.
• Beetsma, Roel & Cima, Simone & Cimadomo, Jacopo, 2018, "A minimal moral hazard central stabilisation capacity for the EMU based on world trade," Working Paper Series, European Central Bank, number 2137, Mar.
• Cornand, Camille & Heinemann, Frank, 2018, "Monetary Policy Obeying the Taylor Principle Turns Prices Into Strategic Substitutes," Rationality and Competition Discussion Paper Series, CRC TRR 190 Rationality and Competition, number 90, Apr.
• Pedro Brinca & Miguel H. Ferreira & Francesco Franco & Hans A. Holter & Laurence Malafry, 2017, "Fiscal Consolidation Programs and Income Inequality," CEF.UP Working Papers, Universidade do Porto, Faculdade de Economia do Porto, number 1703, Nov.
• Leo Krippner & Michelle Lewis, 2018, "Real-time forecasting with macro-finance models in the presence of a zero lower bound," Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand, number DP2018/04, Mar.
• Romain Baeriswyl & Camille Cornand & Bruno Ziliotto, 2018, "Observing and shaping the market: the dilemma of central banks," Working Papers, Swiss National Bank, number 2018-03.
• Roger Farmer & Pawel Zabczyk, 2018, "The Household Fallacy," NBER Working Papers, National Bureau of Economic Research, Inc, number 24393, Mar.
• Alexandra Born & Zeno Enders, 2018, "Global Banking, Trade, and the International Transmission of the Great Recession," CESifo Working Paper Series, CESifo, number 6912.
• Villacorta, Alonso, 2018, "Business cycles and the balance sheets of the financial and non-financial sectors," ESRB Working Paper Series, European Systemic Risk Board, number 68, Feb.
• Item repec:imf:imfscr:18/75 is not listed on IDEAS anymore

• Ambrogio Cesa-Bianchi & M. Hashem Pesaran & Alessandro Rebucci, 2018, "Uncertainty and Economic Activity: A Multi-Country Perspective," CESifo Working Paper Series, CESifo, number 6910.
• Item repec:imf:imfscr:18/63 is not listed on IDEAS anymore

• Bodnár, Katalin & Fadejeva, Ludmila & Hoeberichts, Marco & Peinado, Mario Izquierdo & Jadeau, Christophe & Viviano, Eliana, 2018, "Credit shocks and the European labour market," Working Paper Series, European Central Bank, number 2124, Jan.
• ,, 2018, "Financial Policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12755, Feb.
• Kopiec, Paweł, 2018, "Employment Prospects and the Propagation of Fiscal Stimulus," MPRA Paper, University Library of Munich, Germany, number 85029, Mar.
• Michael Fidora & Claire Giordano & Martin Schmitz, 2018, "Real exchange rate misalignments in the euro area," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1162, Jan.
• He, Qichun, 2018, "Health and Innovation in a Monetary Schumpeterian Growth Model," MPRA Paper, University Library of Munich, Germany, number 85218, Mar.
• Luca Brugnolini, 2018, "Forecasting Deflation Probability in the EA: A Combinatoric Approach," CBM Working Papers, Central Bank of Malta, number WP/01/2018.
• Koichiro Kamada & Tetsuo Kurosaki & Ko Miura & Tetsuya Yamada, 2018, "Central Bank Policy Announcements and Changes in Trading Behavior: Evidence from Bond Futures High Frequency Price Data," IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan, number 18-E-02, Mar.
• Onaran, Özlem, 2016, "Wage- versus profit-led growth in the context of globalization and public spending: the political aspects of wage-led recovery," Greenwich Papers in Political Economy, University of Greenwich, Greenwich Political Economy Research Centre, number 15817, Oct.
• Güneş Kamber & Benjamin Wong, 2018, "Global Factors and Trend Inflation," Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand, number DP2018/01, Feb.
• Sebastian Müller & Gunther Schnabl, 2018, "The Brexit as a Forerunner: Monetary Policy, Economic Order and Divergence Forces in the European Union," CESifo Working Paper Series, CESifo, number 6938.
• Gros, Daniel, 2017, "Implications of the Expanding Use of Cash for Monetary Policy," CEPS Papers, Centre for European Policy Studies, number 12661, Jun.
• Item repec:imf:imfscr:18/71 is not listed on IDEAS anymore

• Don Bredin & Stilianos Fountas, 2018, "US Inflation and Inflation Uncertainty Over 200 Years," Discussion Paper Series, Department of Economics, University of Macedonia, number 2018_04, Apr, revised Apr 2018.
• Item repec:imf:imfscr:18/61 is not listed on IDEAS anymore

• Nandipha Dondashe & Andrew Phiri, 2018, "Determinants of FDI in South Africa: Do macroeconomic variables matter?," Working Papers, Department of Economics, Nelson Mandela University, number 1802, Jan, revised Jan 2018.
• Raúl Chamorro Narváez, 2017, "Crecimiento económico y política fiscal: una revisión crítica de la literatura," Ensayos de Economía, Universidad Nacional de Colombia Sede Medellín, number 16149, Jul.
• Volckart, Oliver, 2018, "Technologies of money in the Middle Ages: the 'Principles of Minting'," Economic History Working Papers, London School of Economics and Political Science, Department of Economic History, number 87152, Feb.
• Nicholas Oulton, 2018, "The UK (and Western) Productivity Puzzle: Does Arthur Lewis Hold the Key?," Discussion Papers, Centre for Macroeconomics (CFM), number 1809, Mar.
• Hull, Isaiah & Olovsson, Conny & Walentin, Karl & Westermark, Andreas, 2017, "Manufacturing Decline and House Price Volatility," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 349, Dec, revised 01 Jul 2019.
• Alessandro RIBONI & Francisco RUGE-MURCIA, 2018, "Deliberation in Committees : Theory and Evidence from the FOMC," Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ, number 01-2018.
• Eric Zwick, 2018, "The Costs of Corporate Tax Complexity," NBER Working Papers, National Bureau of Economic Research, Inc, number 24382, Mar.
• Tzuo Hann Law & Dongho Song & Amir Yaron, 2017, "Fearing the Fed: How Wall Street Reads Main Street," 2017 Meeting Papers, Society for Economic Dynamics, number 1632.
• Albertazzi, Ugo & Becker, Bo & Boucinha, Miguel, 2018, "Portfolio rebalancing and the transmission of large-scale asset programmes: evidence from the euro area," Working Paper Series, European Central Bank, number 2125, Jan.
• Aleksandar Vasilev, 2018, "A Real-Business-Cycle model with pollution and environmental taxation: the case of 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-2018-03, Mar, revised Mar 2018.
• Raffaele Miniaci & Paolo Panteghini & Giulia Rivolta, 2018, "The Estimation of Reaction Functions under Tax Competition," CESifo Working Paper Series, CESifo, number 6928.
• Ben Craig & Dilyara Salakhova & Martin Saldias, 2018, "Payments delay: propagation and punishment," Working papers, Banque de France, number 671.
• Item repec:imf:imfscr:18/77 is not listed on IDEAS anymore

• Roberto Duncan & Enrique Martínez García, 2018, "New Perspectives on Forecasting Inflation in Emerging Market Economies: An Empirical Assessment," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 338, Jan, DOI: 10.24149/gwp338.
• Manuel, Lancastre, 2016, "Age Milestones and Low Interest Rates, an Analytic Approach," MPRA Paper, University Library of Munich, Germany, number 85046, Oct.
• Susana Nudelsman, 2017, "Los regímenes cambiarios en América Latina," Ensayos de Economía, Universidad Nacional de Colombia Sede Medellín, number 16147, Jul.
• Emerson, Patrick M. & Knabb, Shawn D., 2018, "Demographic Uncertainty and Generational Consumption Risk with Endogenous Human Capital," IZA Discussion Papers, Institute of Labor Economics (IZA), number 11358, Feb.
• Alcidi, Cinzia & Thirion, Gilles, 2017, "Fiscal Risk Sharing and Resilience to Shocks: Lessons for the euro area from the US," CEPS Papers, Centre for European Policy Studies, number 12595, May.
• Vasilios Plakandaras & Rangan Gupta & Luis A. Gil-Alana & Mark E. Wohar, 2018, "Are BRICS Exchange Rates Chaotic?," Working Papers, University of Pretoria, Department of Economics, number 201822, Mar.
• Lance Taylor & Duncan Foley & Armon Rezai, 2017, "Demand Drives Growth all the Way," SCEPA working paper series., Schwartz Center for Economic Policy Analysis (SCEPA), The New School, number 2017-10, Oct.
• Pavlina R. Tcherneva, 2018, "The Job Guarantee: Design, Jobs, and Implementation," Economics Working Paper Archive, Levy Economics Institute, number wp_902, Mar.
• Deok Ryong Yoon & Hyo Sang Kim, 2017, "환율변화가 한국기업에 미치는 영향분석과 정책적 시사점: 기업데이터 분석을 중심으로 (The Impact of Exchange Rate Fluctuations on Korean Firms and Its Policy Implications)," Policy Analyses, Korea Institute for International Economic Policy, number 17-9, Nov.
• Sebnem Kalemli-Ozcan & Xiaoxi Liu & Ilhyock Shim, 2018, "Exchange rate appreciations and corporate risk taking," BIS Working Papers, Bank for International Settlements, number 710, Mar.
• Prada, Albino & Sanchez-Fernandez, Patricio, 2018, "Nivel de riqueza regional, bienestar y desarrollo
  [Regional wealth, well-being and development]," MPRA Paper, University Library of Munich, Germany, number 85338, Mar.
• Thibaud Cargoet & Jean-Christophe Poutineau, 2018, "Financial Disruption and State Dependant Credit Policy," Post-Print, HAL, number halshs-01683785, Jan, DOI: 10.1016/j.econmod.2017.07.018.
• Loretta J. Mester, 2018, "The Economic Outlook, Monetary Policy, and Some Future Considerations for the Monetary Policy Agenda; 03.26.18; The Julis-Rabinowitz Center for Public Policy and Finance, Princeton University, Princet," Speech, Federal Reserve Bank of Cleveland, number 95, Mar.
• Cavallo, Eduardo A. & Fernández-Arias, Eduardo & Marzani, Matías, 2017, "Making International Financial Integration Work for Low-Saving Countries," IDB Publications (Working Papers), Inter-American Development Bank, number 8508, Jul, DOI: http://dx.doi.org/10.18235/0011806.
• Eric Rosengren, 2018, "Monetary, fiscal, and financial stability policy tools: are we equipped for the next recession?: remarks at the Tenth Conference of the International Research Forum on Monetary Policy, Washington, D.C," Speech, Federal Reserve Bank of Boston, number 129, Mar.
• Dunne, Peter G., 2018, "Positive Liquidity Spillovers from Sovereign Bond-Backed Securities," Research Technical Papers, Central Bank of Ireland, number 5/RT/18, Feb.
• Brecht Boone & Ewoud Quaghebeur, 2018, "Beyond Rational Expectations: The Effects Of Heuristic Switching In An Overlapping Generations Model," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium, Ghent University, Faculty of Economics and Business Administration, number 18/943, Jan.
• Enzo Dia & Lunan Jiang & Lorenzo Menna & Lin Zhang, 2018, "Common Banking across Heterogenous Regions," CFDS Discussion Paper Series, Center for Financial Development and Stability at Henan University, Kaifeng, Henan, China, number 2018/2, Aug.
• Felix P. Ackon & Huberto M. Ennis, 2018, "The Fed's Discount Window: An Overview of Recent Data," Working Paper, Federal Reserve Bank of Richmond, number 18-8, Mar.
• Item repec:imf:imfsdn:18/03 is not listed on IDEAS anymore

• Balamatsias, Pavlos, 2018, "Democracy and government spending," MPRA Paper, University Library of Munich, Germany, number 84975, Mar.
• Silvia Miranda-Agrippino & Giovanni Ricco, 2018, "Bayesian Vector Autoregressions," Discussion Papers, Centre for Macroeconomics (CFM), number 1808, Mar.
• Francois R. Velde, 2018, "The Neapolitan Banks in the Context of Early Modern Public Banks," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2018-5, Mar, DOI: 10.21033/wp-2018-05.

Report NEP-MAC-2018-04-09

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: