Report NEP-MAC-2018-05-28

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:

• Lasitha R.C. Pathberiya, 2018, "Interest Rate Rules, Forward Guidance Rules and the Zero Lower Bound on Nominal Interest Rates in a Cost Channel Economy," Discussion Papers Series, School of Economics, University of Queensland, Australia, number 592, May.
• José Dorich & Nicholas Labelle St-Pierre & Vadym Lepetyuk & Rhys Mendes, 2018, "Could a higher inflation target enhance macroeconomic stability?," BIS Working Papers, Bank for International Settlements, number 720, May.
• Qazi Haque & Nicolas Groshenny & Mark Weder, 2018, "Do We Really Know That Us Monetary Policy Was Destabilizing in the 1970s?," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2018-23, May, revised Jun 2019.
• Alan Finkelstein Shapiroy & Maria Olivero, 2018, "Lending Relationships and Labor Market Dynamics," School of Economics Working Paper Series, LeBow College of Business, Drexel University, number 2018-5, May.
• Lasitha R.C. Pathberiya, 2018, "Jobless Recovery, Liquidity Trap, Tight Monetary Policy and the Cost Channel," Discussion Papers Series, School of Economics, University of Queensland, Australia, number 591, May.
• Melissa Loza & Juan Antonio Morales, 2018, "Export Boom and Economic Performance: Bolivia 2004-2015," Documentos de trabajo, Instituto de Investigaciones Socio-Económicas (IISEC), Universidad Católica Boliviana, number 1/2018, May.
• Christian Pfister & Natacha Valla, 2018, "New Normal or New Orthodoxy ? Elements of a Central Banking Framework for the After-Crisis," Working papers, Banque de France, number 680.
• Patrick A. Pintus & Yi Wen & Xiaochuan Xing, 2018, "International Credit Markets and Global Business Cycles," AMSE Working Papers, Aix-Marseille School of Economics, France, number 1814, May, revised Oct 2018.
• Buiter, Willem & Sibert, Anne, 2018, "Corporate Profit Taxes, Capital Expenditure and Real Wages: The analytics behind a contentious debate," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12932, May.
• Michael Kumhof & Clare Noone, 2018, "Central bank digital currencies - design principles and balance sheet implications," Bank of England working papers, Bank of England, number 725, May.
• Li, Ye, 2017, "Procyclical Finance: The Money View," Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics, number 2017-24, Nov.
• Jack Meaning & Ben Dyson & James Barker & Emily Clayton, 2018, "Broadening narrow money: monetary policy with a central bank digital currency," Bank of England working papers, Bank of England, number 724, May.
• Item repec:spo:wpmain:info:hdl:2441/1mtnt18l7t904biebogfm7hcao is not listed on IDEAS anymore

• Viktors Ajevskis, 2018, "The Natural Rate of Interest: Information Derived from a Shadow Rate Model," Working Papers, Latvijas Banka, number 2018/02, Apr.
• Andrew Filardo & Pierre Siklos, 2018, "The cross-border credit channel and lending standards surveys," BIS Working Papers, Bank for International Settlements, number 723, May.
• Le Quoc Phuong, 2018, "Vietnam's Low National Competitiveness: Causes, Implications and Suggestions for Improvement," Working Papers, Korea Institute for International Economic Policy, number 18-1, Apr.
• Michal Brzoza-Brzezina & Jacek Kotlowski, 2018, "The non-linear nature of country risk and its implications for DSGE models," KAE Working Papers, Warsaw School of Economics, Collegium of Economic Analysis, number 2018-035, May.
• Silvana Bartoletto & Bruno Chiarini & Elisabetta Marzano & Paolo Piselli, 2017, "Business Cycles, Credit Cycles, and Bank Holdings of Sovereign Bonds: Historical Evidence for Italy 1861-2013," Quaderni di storia economica (Economic History Working Papers), Bank of Italy, Economic Research and International Relations Area, number 43, Nov.
• Andrea Carriero & Francesco Corsello & Massimiliano Marcellino, 2018, "The global component of inflation volatility," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1170, Apr.
• Mikael Juselius & Előd Takáts, 2018, "The enduring link between demography and inflation," BIS Working Papers, Bank for International Settlements, number 722, May.
• Martina Cecioni, 2018, "ECB monetary policy and the euro exchange rate," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1172, Apr.
• Efrem Castelnuovo & Trung Duc Tran, 2017, "Google It Up! A Google Trends-Based Uncertainty Index for the United States and Australia," Melbourne Institute Working Paper Series, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne, number wp2017n27, Oct.
• Debra Bloch & Jean-Marc Fournier, 2018, "The deterioration of the public spending mix during the global financial crisis: Insights from new indicators," OECD Economics Department Working Papers, OECD Publishing, number 1465, May, DOI: 10.1787/2f6d2e8f-en.
• Item repec:spo:wpmain:info:hdl:2441/2gm7u1h28o97arriihp43sr90l is not listed on IDEAS anymore

• Moro, Alessio & Rachedi, Omar, 2018, "The Changing Structure of Government Spending," MPRA Paper, University Library of Munich, Germany, number 86577, May.
• Lorenzo Menna & Martin Tobal, 2018, "Financial and price stability in emerging markets: the role of the interest rate," BIS Working Papers, Bank for International Settlements, number 717, May.
• Benjamin K Johannsen & Elmar Mertens, 2018, "A time series model of interest rates with the effective lower bound," BIS Working Papers, Bank for International Settlements, number 715, Apr.
• Goncalves, Andrei, 2017, "Can Reinvestment Risk Explain the Dividend and Bond Term Structures?," Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics, number 2017-14, Aug.
• Baumeister, Christiane & Hamilton, James, 2018, "Inference in Structural Vector Autoregressions When the Identifying Assumptions are Not Fully Believed: Re-evaluating the Role," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 12911, May.
• Qingqing Cao & Raoul Minetti & Maria Olivero, 2018, "No Pain, No Gain. Multinational Banks in the Business Cycle," School of Economics Working Paper Series, LeBow College of Business, Drexel University, number 2018-6, Feb.
• Karel Mertens & Morten O. Ravn, 2018, "The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States: Reply to Jentsch and Lunsford," Working Papers, Federal Reserve Bank of Dallas, number 1805, May, DOI: 10.24149/wp1805r1.
• Adesete, Ahmed & Osinloye, Adelanfe & Abolade, Modupeoluwa & Nwachukwu, Christian & Onyejeaka, Emmanuel & Ojo, Dolapo & Ogungbemi, Tosin & Phillips, Martins, 2018, "Thirlwall Law: Validity of the Law in Nigeria," MPRA Paper, University Library of Munich, Germany, number 86493, Mar, revised Apr 2018.
• Senzu, Emmanuel Tweneboah, 2018, "Investment attraction, competition and growth; theoretical perspective in the context of Africa," MPRA Paper, University Library of Munich, Germany, number 86619, May.
• Glenn Lauren Moore & Engelbert Stockhammer, 2018, "The drivers of household indebtedness re-considered: an empirical evaluation of competing macroeconomic arguments on the determinants of household indebtedness in OECD countries," Working Papers, Department of Economics, SOAS University of London, UK, number 207, Feb.
• Item repec:imf:imfscr:18/118 is not listed on IDEAS anymore

• Kan Chen & Nathaniel Karp, 2018, "Natural interest rates in the U.S., Canada and Mexico," Working Papers, BBVA Bank, Economic Research Department, number 18/07, May.
• Kevin x.d. Huang & Qinglai Meng & Jianpo Xue, 2018, "Money growth targeting and indeterminacy in small open economies," Vanderbilt University Department of Economics Working Papers, Vanderbilt University Department of Economics, number 18-00005, May.
• Alfaro, Ivan & Bloom, Nicholas & Lin, Xiaoji, 2017, "The Finance Uncertainty Multiplier," Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics, number 2017-30, Dec.
• Goncalves, Andrei & Xue, Chen & Zhang, Lu, 2017, "Aggregation, Capital Heterogeneity, and the Investment CAPM," Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics, number 2017-12, Dec.
• Neuberger, Doris, 2018, "Kann Karl Marx die Finanzkrise 2007/08 erklären? Eine Einordnung seiner Geld- und Kredittheorie," Thuenen-Series of Applied Economic Theory, University of Rostock, Institute of Economics, number 155, revised 2018.
• Goodness C. Aye & Rangan Gupta, 2018, "Macroeconomic Uncertainty and the Comovement in Buying versus Renting in the United States," Working Papers, University of Pretoria, Department of Economics, number 201832, May.
• Item repec:spo:wpmain:info:hdl:2441/5apvvnfh3490lodq3fuu3dbmjl is not listed on IDEAS anymore

• Antonio De Socio & Enrico Sette, 2018, "Firms’ investments during two crises," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1173, Apr.
• Djula Borozan, 2018, "Estimating The Effect Of The Great Recession On Final Energy Consumption," Proceedings of International Academic Conferences, International Institute of Social and Economic Sciences, number 7508719, Apr.
• Richhild Moessner, 2018, "Effects of asset purchases and financial stability measures on term premia in the euro area," BIS Working Papers, Bank for International Settlements, number 721, May.
• David Gabauer & Rangan Gupta, 2018, "On the Transmission Mechanism of Country-Specific and International Economic Uncertainty Spillovers: Evidence from a TVP-VAR Connectedness Decomposition Approach," Working Papers, University of Pretoria, Department of Economics, number 201829, May.
• Alexey Ponomarenko & Anna Rozhkova & Sergei Seleznev, 2018, "Macro-financial linkages: the role of liquidity dependence," BIS Working Papers, Bank for International Settlements, number 716, Apr.
• Item repec:imf:imfscr:18/115 is not listed on IDEAS anymore

• Jens Klose, 2018, "Equilibrium Real Interest Rates for the BRICS Countries," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 201814.
• József Varga & Gábor Sárdi & Tamás Kovács, 2018, "Community currency, local currency, negotiable voucher and others: a theoretical attempt to classify money substitutes into a system," Proceedings of International Academic Conferences, International Institute of Social and Economic Sciences, number 7508886, Apr.
• Charles Ka Yui Leung & Joe Cho Yiu Ng, 2018, "Macro Aspects of Housing," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 340, May, DOI: 10.24149/gwp340.
• Korishchenko, Konstantin (Корищенко, Константин) & Pilnik, Nikolay (Пильник, Николай) & Ivanova, Maria (Иванова, Мария), 2018, "Identifying the Main Determinants of Consumer Price Growth in the Russian Economy Under the Inflation Targeting Policy
  [Выявление Основных Детерминант Роста Потребительских Цен В Российской Экономике В Условиях Политики Инфляционного Таргетировани," Working Papers, Russian Presidential Academy of National Economy and Public Administration, number 041834, Apr.
• Barón Ortegón, Brayan Alexander, 2017, "Keynes: ley de Say y demanda de dinero
  [Keynes: Say's law and demand for money]," MPRA Paper, University Library of Munich, Germany, number 86739, May.
• Geoffrey R. Dunbar & Casey Jones, 2018, "The (Un)Demand for Money in Canada," Staff Working Papers, Bank of Canada, number 18-20, DOI: 10.34989/swp-2018-20.
• Loretta J. Mester, 2018, "A Practical Viewpoint on Financial System Resiliency and Monetary Policy; 05.18.18; Third Annual ECB Macroprudential Policy and Research Conference, European Central Bank, Frankfurt, Germany," Speech, Federal Reserve Bank of Cleveland, number 99, May.
• Takuma Tanaka, 2018, "Thermodynamic structure of a macroeconomic model," Discussion Papers CRR Discussion Paper Series A: General, Shiga University, Faculty of Economics,Center for Risk Research, number 30, May.
• Elias Albagli & Luis Ceballos & Sebastián Claro & Damian Romero, 2018, "Channels of US monetary policy spillovers to international bond markets," BIS Working Papers, Bank for International Settlements, number 719, May.
• Melody Y. Huang & Randall R. Rojas & Patrick D. Convery, 2018, "News Sentiment as Leading Indicators for Recessions," Papers, arXiv.org, number 1805.04160, May, revised May 2018.
• Nomaler, Onder & Verspagen, Bart, 2018, "Perpetual growth, distribution, and robots," MERIT Working Papers, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT), number 2018-023, May.
• Item repec:spo:wpmain:info:hdl:2441/2rukp5b2eo9jc96dp2a5e6s32v is not listed on IDEAS anymore

• Delphine Lautier & Franck Raynaud & Michel Robe, 2017, "Shocks propagation across the futures term structure : evidence from crude oil prices," Post-Print, HAL, number hal-01781765, Nov.
• Rodrigo Octávio Orair & Sergio Wulff Gobetti, 2017, "De la expansión a la austeridad: los retos y riesgos del cambio radical de política fiscal en Brasil," One Pager Spanish, International Policy Centre, number 360, Aug.
• Richard Grieveson & Julia Grübler & Mario Holzner, 2018, "Western Balkans EU Accession: Is the 2025 Target Date Realistic?," wiiw Policy Notes, The Vienna Institute for International Economic Studies, wiiw, number 22, May.
• Lee E. Ohanian & Paulina Restrepo-Echavarria & Mark L. J. Wright, 2018, "Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America," Staff Report, Federal Reserve Bank of Minneapolis, number 563, May, DOI: 10.21034/sr.563.

Report NEP-MAC-2018-05-28

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: