Report NEP-MAC-2018-07-30

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:

• Sanjay K. Chugh & Wolfgang Lechthaler & Christian Merkl, 2018, "Optimal Fiscal Policy with Labor Selection," CESifo Working Paper Series, CESifo, number 7120.
• Thore Schlaak & Malte Rieth & Maximilian Podstawski, 2018, "Monetary Policy, External Instruments and Heteroskedasticity," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1749.
• Ricardo Caballero & Alp Simsek, 2018, "A risk-centric model of demand recessions and macroprudential policy," BIS Working Papers, Bank for International Settlements, number 733, Jul.
• Reich, Jens, 2017, "A new theory of optimal inflation," MPRA Paper, University Library of Munich, Germany, number 87188, Nov.
• De Rezende, Rafael B. & Ristiniemi, Annukka, 2018, "A shadow rate without a lower bound constraint," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 355, Jun.
• Feng Dong & Yi Wen, 2018, "Long and Plosser Meet Bewley and Lucas," Working Papers, Federal Reserve Bank of St. Louis, number 2018-8, Apr, DOI: 10.20955/wp.2018.008.
• Russell Barnett & Konrad Zmitrowicz, 2018, "Assessing the Impact of Demand Shocks on the US Term Premium," Discussion Papers, Bank of Canada, number 18-7, DOI: 10.34989/sdp-2018-7.
• Yuto Iwasaki & Ichiro Muto & Mototsugu Shintani, 2018, "Missing Wage Inflation? Estimating the Natural Rate of Unemployment in a Nonlinear DSGE Model," IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan, number 18-E-08, Jul.
• Alexey Vasilenko, 2018, "Should Central Banks Prick Asset Price Bubbles? An Analysis Based on a Financial Accelerator Model with an Agent-Based Financial Market," Bank of Russia Working Paper Series, Bank of Russia, number wps35, Jun.
• Patrick A. Pintus & Yi Wen & Xiaochuan Xing, 2018, "International Credit Markets and Global Business Cycles," Working Papers, Federal Reserve Bank of St. Louis, number 2018-9, May, DOI: 10.20955/wp.2018.009.
• Svensson, Lars E.O., 2018, "Monetary Policy and Macroprudential Policy: Different and Separate?," CEPR Discussion Papers, Centre for Economic Policy Research, number 13043, Jul.
• Monika Piazzesi & Martin Schneider, 2018, "Payments, credit and asset prices," BIS Working Papers, Bank for International Settlements, number 734, Jul.
• Chugh, Sanjay K. & Lechthaler, Wolfgang & Merkl, Christian, 2018, "Optimal Fiscal Policy with Labor Selection," IZA Discussion Papers, IZA Network @ LISER, number 11600, Jun.
• Arina Wischnewsky & Matthias Neuenkirch, 2018, "Shadow Banks and the Risk-Taking Channel of Monetary Policy Transmission in the Euro Area," CESifo Working Paper Series, CESifo, number 7118.
• Hashmat Khan & Louis Phaneuf & Jean Gardy Victor, 2018, "Rules-Based Monetary Policy and the Threat of Indeterminacy When Trend Inflation is Low," Carleton Economic Papers, Carleton University, Department of Economics, number 18-08, Jul, revised 08 Mar 2019.
• Klaus Adam & Henning Weber, 2018, "Optimal Trend Inflation," IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan, number 18-E-07, Jul.
• Jan Stráský & Guillaume Claveres, 2018, "Stabilisation policies to strengthen Euro area resilience," OECD Economics Department Working Papers, OECD Publishing, number 1492, Jul, DOI: 10.1787/140b48c3-en.
• Sun, Rongrong, 2018, "Monetary Policy Announcements and Market Interest Rates’ Response: Evidence from China," MPRA Paper, University Library of Munich, Germany, number 87703, Apr.
• Elena Deryugina & Alexey Ponomarenko & Anna Rozhkova, 2018, "When are credit gap estimates reliable?," Bank of Russia Working Paper Series, Bank of Russia, number wps34, Jul.
• Jonas E. Arias & Guido Ascari & Nicola Branzoli & Efrem Castelnuovo, 2018, "Positive Trend Inflation and Determinacy in a Medium-Sized New Keynesian Model," CESifo Working Paper Series, CESifo, number 7122.
• Lindé, Jesper & Trabandt, Mathias, 2017, "Should We Use Linearized Models To Calculate Fiscal Multipliers?," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 350, Dec.
• Christoph Bierbrauer, 2017, "Fiscal policy transmission in a non-Ricardian model of a monetary union," IEER Working Papers, Institute of Empirical Economic Research, Osnabrueck University, number 109, Oct.
• Giovanni Caggiano & Efrem Castelnuovo & Gabriela Nodari, 2018, "Risk Management-Driven Policy Rate Gap," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2018-34, Jul.
• Engelbert Stockhammer & Robert Calvert Jump & Karsten Kohler & Julian Cavallero, 2018, "Short and medium term financial-real cycles: An empirical assessment," FMM Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute, number 29-2018.
• Susanto Basu & Brent Bundick, 2018, "Uncertainty Shocks in a Model of Effective Demand: Reply," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 18-5, Jul, DOI: 10.18651/RWP2018-05.
• Andreas Fagereng & Luigi Guiso & Davide Malacrino & Luigi Pistaferri, 2018, "Heterogeneity and Persistence in Returns to Wealth," CESifo Working Paper Series, CESifo, number 7107.
• Chin, Michael & Graeve, Ferre De & Filippeli, Thomai & Theodoridis, Konstantinos, 2018, "Understanding International Long-Term Interest Rate Comovement," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2018/19, Jul.
• Richard Clarida, 2018, "The global factor in neutral policy rates: Some implications for exchange rates, monetary policy, and policy coordination," BIS Working Papers, Bank for International Settlements, number 732, Jul.
• Julian Kozlowski, 2017, "Long-Term Finance and Investment with Frictional Asset Markets," Working Papers, Federal Reserve Bank of St. Louis, number 2018-12, Dec, DOI: 10.20955/wp.2018.012.
• Giovanni Caggiano & Efrem Castelnuovo & Juan Manuel Figueres, 2018, "Economic Policy Uncertainty and Unemployment in the United States: A Nonlinear Approach," CESifo Working Paper Series, CESifo, number 7105.
• Corbo, Vesna & Di Casola, Paola, 2018, "Conditional exchange rate pass-through: evidence from Sweden," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 352, Mar.
• Pérez-Quirós, Gabriel & Fiorentini, Gabriele & Galesi, Alessandro & Sentana, Enrique, 2018, "The Rise and Fall of the Natural Interest Rate," CEPR Discussion Papers, Centre for Economic Policy Research, number 13042, Jul.
• Anna Hamer-Adams & Martin Wong, 2018, "Quantifying fiscal multipliers in New Zealand: The evidence from SVAR models," Reserve Bank of New Zealand Analytical Notes series, Reserve Bank of New Zealand, number AN2018/05, Jun.
• Ampudia, Miguel & Georgarakos, Dimitris & Slacalek, Jiri & Tristani, Oreste & Vermeulen, Philip & Violante, Giovanni L., 2018, "Monetary policy and household inequality," Working Paper Series, European Central Bank, number 2170, Jul.
• Sun, Rongrong, 2018, "Requiem for the Interest-Rate Controls in China," MPRA Paper, University Library of Munich, Germany, number 87700, Jun.
• Christoph Bierbrauer, 2017, "National Fiscal Stimulus Packages And Consolidation Strategies In A Monetary Union," IEER Working Papers, Institute of Empirical Economic Research, Osnabrueck University, number 110, Nov.
• Olkhov, Victor, 2017, "Quantitative Description of Financial Transactions and Risks," MPRA Paper, University Library of Munich, Germany, number 87316.
• Sandström, Maria, 2018, "The impact of monetary policy on household borrowing - a high-frequency IV identification," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 351, Feb.
• Nyoni, Thabani, 2018, "Box-Jenkins ARIMA approach to predicting net FDI inflows in Zimbabwe," MPRA Paper, University Library of Munich, Germany, number 87737, Jul.
• Walentin, Karl & Westermark, Andreas, 2018, "Learning on the Job and the Cost of Business Cycles," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 353, Apr, revised 01 Jun 2018.
• Item repec:vie:viennp:1803 is not listed on IDEAS anymore

• Rehme, Günther, 2018, "On "rusting" money: Silvio Gesell's Schwundgeld reconsidered," Darmstadt Discussion Papers in Economics, Darmstadt University of Technology, Department of Law and Economics, number 233.
• Blanco-Arroyo, Omar & Ruiz-Buforn, Alba & Vidal-Tomás, David & Alfarano, Simone, 2018, "On the determination of the granular size of the economy," MPRA Paper, University Library of Munich, Germany, number 87599, Jun.
• Amberg, Niklas & Jacobson, Tor & von Schedvin , Erik, 2018, "Trade Credit and Pricing:An Empirical Evaluation," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 354, Jun.
• Kuo-Hsuan Chin & Xue Li, 2017, "Bayesian Forecast Combination in VAR-DSGE Models," Proceedings of International Academic Conferences, International Institute of Social and Economic Sciences, number 5408084, Jul.
• Alfredo Fuentes & Martha Delgado, 2017, "Contribución fiscal de la industria extractiva del carbón a las finanzas nacionales y territoriales: avances y retos para el departamento de La Guajira 2000-2016," Informes de Investigación, Fedesarrollo, number 16393, Nov.
• Agnes Benassy-Quere & Matthieu Bussière & Pauline Wibaux, 2018, "Trade and Currency Weapons," CESifo Working Paper Series, CESifo, number 7112.
• Oyvat, Cem & Öztunalı, Oğuz & Elgin, Ceyhun, 2018, "Wage-led vs. profit-led growth: a comprehensive empirical analysis," Greenwich Papers in Political Economy, University of Greenwich, Greenwich Political Economy Research Centre, number 20951, Jul.
• Burkhard Heer & Vito Polito & Michael Wickens & Michael R. Wickens, 2018, "Population Aging, Social Security and Fiscal Limits," CESifo Working Paper Series, CESifo, number 7121.
• Giuseppe Marotta, 2018, "Why choosing dominated personal pension plans: sales force and financial literacy effects," Centro Studi di Banca e Finanza (CEFIN) (Center for Studies in Banking and Finance), Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi", number 0072, Jul.
• Arlan Brucal & Michael J. Roberts, 2018, "Not All Regions Are Alike: Evaluating the Effect of Oil Price Shocks on Local and Aggregate Economies," Working Papers, University of Hawaii at Manoa, Department of Economics, number 201807, Jun.
• V. V. Chari & Juan Pablo Nicolini & Pedro Teles, 2018, "Optimal Capital Taxation Revisited," Working Papers, Federal Reserve Bank of Minneapolis, number 752, Jul, DOI: 10.21034/wp.752.
• Arthur Turrell & Bradley Speigner & Jyldyz Djumalieva & David Copple & James Thurgood, 2018, "Using job vacancies to understand the effects of labour market mismatch on UK output and productivity," Bank of England Staff Working Paper series, Bank of England, number 737, Jul.
• Cahuc, Pierre & Kramarz, Francis & Nevoux, Sandra, 2018, "When Short-Time Work Works," CEPR Discussion Papers, Centre for Economic Policy Research, number 13041, Jul.
• Joanna Dzia?o & Beata Guziejewska, 2017, "Numerical fiscal rules: framework or barrier for public policymaking?," Proceedings of International Academic Conferences, International Institute of Social and Economic Sciences, number 5407329, Jul.
• Jean-Bernard Chatelain & Kirsten Ralf, 2017, "Can We Identify the Fed's Preferences?," Working Papers, HAL, number halshs-01549908, Dec, DOI: 10.2139/ssrn.2914592.
• Michael Junho Lee, 2018, "Uncertain booms and fragility," Staff Reports, Federal Reserve Bank of New York, number 861, Jul.
• Andreas M. Fischer & Lucca Zachmann, 2018, "Do the rich pay their taxes early?," Working Papers, Swiss National Bank, number 2018-08.
• Kirti, Divya, 2018, "Lending standards and output growth," ESRB Working Paper Series, European Systemic Risk Board, number 79, Jul.
• Irena Raguž Krištić & Lucija Rogić Dumančić, 2018, "Product market integration in the Euro area," EFZG Working Papers Series, Faculty of Economics and Business, University of Zagreb, number 1804, Jul.
• Fatih Guvenen & Raymond J. Mataloni Jr. & Dylan G. Rassier & Kim J. Ruhl, 2018, "Offshore Profit Shifting and Domestic Productivity Measurement," Working Papers, Federal Reserve Bank of Minneapolis, number 751, Apr, DOI: 10.21034/wp.751.
• Tetsuo Ono & Yuki Uchida, 2018, "Political Economy of Taxation, Debt Ceilings, and Growth," Discussion Papers in Economics and Business, Osaka University, Graduate School of Economics, number 18-22, Jul.
• Mughal, Khurrum & Schneider, Friedrich & Hayat, Zafar, 2018, "Shadow Economy in Pakistan: Its Size and Interaction with Official Economy," MPRA Paper, University Library of Munich, Germany, number 87812, May.
• Michael Woodford, 2018, "Monetary Policy Analysis when Planning Horizons are Finite," CESifo Working Paper Series, CESifo, number 7108.
• Esther Mirjam Girsberger & Miriam Rinawi & Matthias Krapf, 2018, "Wages and Employment: The Role of Occupational Skills," CESifo Working Paper Series, CESifo, number 7114.
• Girsberger, Esther Mirjam & Rinawi, Miriam & Krapf, Matthias, 2018, "Wages and Employment: The Role of Occupational Skills," IZA Discussion Papers, IZA Network @ LISER, number 11586, Jun.
• Angel Asensio, 2017, "A note on IYLM, ISLM and General Theory-compatible modelling," Working Papers, HAL, number halshs-01618276, Oct.
• Frédéric Ghersi, 2018, "Macroeconomic modelling of electrified mobility systems in 2030 European Union," Working Papers, HAL, number hal-01691740, Jan.
• Kavous Ardalan, 2017, "A Test of Two Open-Economy Theories: Oil Price Rise and the Netherlands," Proceedings of International Academic Conferences, International Institute of Social and Economic Sciences, number 5407612, Jul.
• Sven Steinkamp & Aaron Tornell & Frank Westermann, 2018, "Evergreening in the Euro Area: Facts and Explanation," IEER Working Papers, Institute of Empirical Economic Research, Osnabrueck University, number 113, Jul.
• McVicar, Duncan & Park, Andrew & McGuinness, Seamus, 2018, "Exploiting the Irish Border to Estimate Minimum Wage Impacts in Northern Ireland," IZA Discussion Papers, IZA Network @ LISER, number 11585, Jun.
• Alessandro Di Nola & Georgi Kocharkov & Almuth Scholl & Anna-Mariia Tkhir, 2018, "The Aggregate Consequences of Tax Evasion," Working Paper Series of the Department of Economics, University of Konstanz, Department of Economics, University of Konstanz, number 2018-06, Jul.
• Brad J. Hershbein & Lisa B. Kahn, , "Do Recessions Accelerate Routine-Biased Technological Change? Evidence from Vacancy Postings," Upjohn Working Papers, W.E. Upjohn Institute for Employment Research, number hk-18aer.
• Gómez, Georgina M. & Dini, Paolo, 2016, "Making sense of a crank case: monetary diversity in Argentina (1999–2003)," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 67120, Sep.
• Masaya Yasuoka, 2018, "Fertility, Income Growth and Inflation," Discussion Paper Series, School of Economics, Kwansei Gakuin University, number 182, Jul, revised Jul 2018.
• Eugenia Andreasen & Patricio Valenzuela, 2018, "Investment Opportunities and Corporate Credit Risk," Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile, number 336.
• Item repec:hal:wpaper:hal-01830769 is not listed on IDEAS anymore

• Giuseppe Berlingieri & Sara Calligaris & Chiara Criscuolo, 2018, "The productivity-wage premium: does size still matter in a service economy?," CEP Discussion Papers, Centre for Economic Performance, LSE, number dp1557, Jul.
• María Angélica Arbeláez Restrepo & Alejandro Becerra, 2018, "Contribución de la Operación de Bavaria S.A. a la Economía Colombiana," Informes de Investigación, Fedesarrollo, number 16402, Feb.
• Jens H. E. Christensen & Jose A. Lopez & Paul Mussche, 2019, "Extrapolating Long-Maturity Bond Yields for Financial Risk Measurement," Working Paper Series, Federal Reserve Bank of San Francisco, number 2018-9, Mar, DOI: 10.24148/wp2018-09.
• Diego Daruich & Julian Kozlowski, 2018, "Uniform Pricing Within and Across Regions: New Evidence from Argentina," Working Papers, Federal Reserve Bank of St. Louis, number 2018-10, Jul, DOI: 10.20955/wp.2018.010.
• Hippolyte d'Albis & Ekrame Boubtane & Dramane Coulibaly, 2018, "Macroeconomic evidence suggests that asylum seekers are not a “burden” for Western European countries," PSE Working Papers, HAL, number halshs-01821515, Jun, DOI: 10.1126/sciadv.aaq0883.
• -, 2018, "U.S. Economic Outlook. Quarterly developments," Oficina de la CEPAL en Washington (Estudios e Investigaciones), Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 43745, Jul.
• Konstantakis, Konstantinos N. & Michaelides, Panayotis G., 2017, "Does technology cause business cycles in the USA? A Schumpeter-inspired approach," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 80760, Jun.
• Trofimov, Ivan D., 2018, "Income terms of trade and economic convergence: Evidence from Latin America," MPRA Paper, University Library of Munich, Germany, number 87598, Jun.
• Item repec:pra:mprapa:87371 is not listed on IDEAS anymore

• Hess T. Chung & Cynthia L. Doniger & Cristina Fuentes-Albero & Bernd Schlusche & Wei Zheng, 2018, "Simulating the Macroeconomic Effects of Unconventional Monetary Policies," FEDS Notes, Board of Governors of the Federal Reserve System (U.S.), number 2018-07-20, Jul, DOI: 10.17016/2380-7172.2225.
• Andrew Phiri, 2018, "Nonlinear Relationship between Exchange Rate Volatility and Economic Growth," EERI Research Paper Series, Economics and Econometrics Research Institute (EERI), Brussels, number EERI RP 2018/08, Jun.
• Nicola Acocella & Paolo Pasimeni, 2018, "The "uncovered inflation rate parity" condition in a monetary union," FMM Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute, number 28-2018.
• Ignacio Lozano-Espitia & Fernando Arias-Rodríguez, 2018, "Curvas Laffer de la Tributación en Colombia," Borradores de Economia, Banco de la Republica de Colombia, number 1045, Jul, DOI: 10.32468/be.1045.
• Mujahidin, Muhamad, 2018, "Ibn Khaldun's Economic Thought," MPRA Paper, University Library of Munich, Germany, number 87192, Mar, revised 06 Apr 2018.
• Alex Cukierman & Thomas Lustenberger, 2018, "International Evidence on Professional Interest Rate Forecasts: The Impact of Forecasting Ability," Working Papers, Swiss National Bank, number 2018-10.
• Juan Pablo Navarrete Ruiz, 2018, "El agente representativo: ¿supuesto fuerte y equívoco u opción reductora de dificultades analíticas para el estudio macroeconómico?," Econógrafos, Escuela de Economía, Universidad Nacional de Colombia, FCE, CID, number 16423, Jul.

Report NEP-MAC-2018-07-30

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: