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, C.E.P.R. Discussion Papers, 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, Institute of Labor Economics (IZA), 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, C.E.P.R. Discussion Papers, 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 working papers, Bank of England, number 737, Jul.
• Cahuc, Pierre & Kramarz, Francis & Nevoux, Sandra, 2018, "When Short-Time Work Works," CEPR Discussion Papers, C.E.P.R. Discussion Papers, 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, Institute of Labor Economics (IZA), 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, Institute of Labor Economics (IZA), 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: