Report NEP-MAC-2019-02-04

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:

• Pedro Teles & Fiorella de Fiore, 2018, "Credit Subsidies," Working Papers, Banco de Portugal, Economics and Research Department, number w201827.
• Francesco D’Acunto & Daniel Hoang & Maritta Paloviita & Michael Weber, 2019, "IQ, Expectations, and Choice," NBER Working Papers, National Bureau of Economic Research, Inc, number 25496, Jan.
• Voinea, Liviu, 2019, "The Post-Crisis Phillips Curve: A New Empirical Relationship between Wage and Inflation," GLO Discussion Paper Series, Global Labor Organization (GLO), number 303.
• Congressional Budget Office, 2018, "An Update to the Economic Outlook: 2018 to 2028," Reports, Congressional Budget Office, number 54318, Aug.
• Aghion, Philippe & Farhi, Emmanuel & Kharroubi, Enisse, 2018, "Monetary policy, product market competition and growth," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 91713, Dec.
• Joana Sousa Leite & António Afonso, 2019, "The transmission of unconventional monetary policy to bank credit supply: evidence from the TLTRO," Working Papers, Banco de Portugal, Economics and Research Department, number w201901.
• Congressional Budget Office, 2018, "The Long-Term Budget Outlook Under Alternative Scenarios for Fiscal Policy," Reports, Congressional Budget Office, number 54325, Aug.
• Jordi Galí & Luca Gambetti, 2019, "Has the U.S. Wage Phillips Curve Flattened? A Semi-Structural Exploration," NBER Working Papers, National Bureau of Economic Research, Inc, number 25476, Jan.
• Klaus Adam & Henning Weber, 2018, "Optimal Trend Inflation," CRC TR 224 Discussion Paper Series, University of Bonn and University of Mannheim, Germany, number crctr224_2018_010, Apr.
• Congressional Budget Office, 2018, "The 2018 Long-Term Budget Outlook," Reports, Congressional Budget Office, number 53919, Jun.
• Leena Rudanko, 2019, "Firm Wages in a Frictional Labor Market," Working Papers, Federal Reserve Bank of Philadelphia, number 19-5, Jan, DOI: 10.21799/frbp.wp.2019.05.
• Carbajal-De-Nova, Carolina, 2018, "Money Neutrality: An Empirical Assessment for Mexico," MPRA Paper, University Library of Munich, Germany, number 91615, Sep, revised 10 Oct 2018.
• Semih Emre Cekin & Besma Hkiri & Aviral Kumar Tiwari & Rangan Gupta, 2019, "The Relationship between Monetary Policy and Uncertainty in Advanced Economies: Evidence from Time- and Frequency-Domains," Working Papers, University of Pretoria, Department of Economics, number 201904, Jan.
• Nkoba, Malik Abdulrahman & Masih, Mansur, 2018, "Revisiting the Phillips curve trade-off: evidence from Tanzania using nonlinear ARDL approach," MPRA Paper, University Library of Munich, Germany, number 91631, Dec.
• Aleksandar Vasilev, 2019, "Are Labor Unions Important for Business Cycle Fluctuations: Lessons from Bulgaria (1999-2016)," 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-2019-02, Jan, revised Jan 2019.
• Martin Hodula, 2018, "Off the Radar: Exploring the Rise of Shadow Banking in the EU," Working Papers, Czech National Bank, Research and Statistics Department, number 2018/16, Dec.
• Ronald Miranda & Leonel Muinelo-Gallo, 2018, "The behavior of social transfers over the business cycle: empirical evidence of Uruguay," Documentos de Trabajo (working papers), Instituto de Economía - IECON, number 18-15.
• Ricardo Cabral & Francisco Louçã, 2019, "The euro at twenty: Follies of youth?," Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa, number 2019/02, Jan.
• Alok Johri & Shahed K. Khan & Cesar Sosa-Padilla, 2018, "Interest Rate Uncertainty and Sovereign Default Risk," Department of Economics Working Papers, McMaster University, number 2018-17, Dec.
• Item repec:spo:wpmain:info:hdl:2441/3kbkotqp1b85pa2lu2puri38p6 is not listed on IDEAS anymore

• Leo Michelis & Ugochi T. Emenogu, 2019, "Financial Frictions, Durable Goods and Monetary Policy," Working Papers, Toronto Metropolitan University, Department of Economics, number 075, Jan.
• Hiroshi Nishi & Engelbert Stockhammer, 2019, "Demand and distribution regimes, output hysteresis, and cyclical dynamics in a Kaleckian model," Working Papers, Post Keynesian Economics Society (PKES), number PKWP1902, Jan.
• Böhm, Volker, 2018, "The Dynamics of Balanced Expansion in Monetary Economies with Sovereign Debt," Center for Mathematical Economics Working Papers, Center for Mathematical Economics, Bielefeld University, number 602, Sep.
• Simon Jäger & Benjamin Schoefer & Josef Zweimüller, 2019, "Marginal Jobs and Job Surplus: A Test of the Efficiency of Separations," NBER Working Papers, National Bureau of Economic Research, Inc, number 25492, Jan.
• Roman N. Bozhya-Volya & Alina S. Rybak, 2019, "Why Should Money Lose Value With Time: Boosting Economy In The Era Of E-Money," HSE Working papers, National Research University Higher School of Economics, number WP BRP 207/EC/2019.
• Michael D. Bordo & Andrew T. Levin, 2019, "Digital Cash: Principles & Practical Steps," NBER Working Papers, National Bureau of Economic Research, Inc, number 25455, Jan.
• Winfried Koeniger & Marc-Antoine Ramelet, 2018, "Home Ownership and Monetary Policy Transmission," SOEPpapers on Multidisciplinary Panel Data Research, DIW Berlin, The German Socio-Economic Panel (SOEP), number 1007.
• Giannone, Domenico & Lenza, Michele & Reichlin, Lucrezia, 2019, "Money, credit, monetary policy and the business cycle in the euro area: what has changed since the crisis?," Working Paper Series, European Central Bank, number 2226, Jan.
• Affendi, Diyana Najwa & Masih, Mansur, 2018, "Is inflation targeting compatible with economic growth ? Korean experience based on ARDL and NARDL," MPRA Paper, University Library of Munich, Germany, number 91519, Dec.
• MAO TAKONGMO, Charles Olivier, 2019, "Keynesian Models, Detrending, and the Method of Moments," MPRA Paper, University Library of Munich, Germany, number 91709.
• J.Tomas Hexner & Arthur MacEwan, 2018, "The “New Fiscal Plan for Puerto Rico” (April 19, 2018): An Unrealistic and Misleading Path to Nowhere," Development Discussion Papers, JDI Executive Programs, number 2018-09, Sep.
• Chi Hyun Kim & Lars Other, 2019, "The Short-Run Effect of Monetary Policy Shocks on Credit Risk: An Analysis of the Euro Area," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1781.
• Silvia Gabrieli & Claire Labonne, 2018, "Bad Sovereign or Bad Balance Sheets? Euro Interbank Market Fragmentation and Monetary Policy, 2011-2015," Supervisory Research and Analysis Working Papers, Federal Reserve Bank of Boston, number RPA 18-3, Jul.
• Alexander Chudik & M. Hashem Pesaran & Kamiar Mohaddes, 2019, "Identifying Global and National Output and Fiscal Policy Shocks Using a GVAR," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2019-06, Jan.
• Alexander Chudik & M. Hashem Pesaran & Kamiar Mohaddes, 2019, "Identifying Global and National Output and Fiscal Policy Shocks Using a GVAR," CESifo Working Paper Series, CESifo, number 7454.
• Olkhov, Victor, 2019, "Econophysics of Asset Price, Return and Multiple Expectations," MPRA Paper, University Library of Munich, Germany, number 91587, Jan.
• Aqsha, Nur Suhairah & Masih, Mansur, 2018, "Is residential property the ultimate hedge against inflation ? new evidence from Malaysia based on ARDL and nonlinear ARDL," MPRA Paper, University Library of Munich, Germany, number 91508, Dec.
• Gary Gorton & Toomas Laarits & Tyler Muir, 2019, "1930: First Modern Crisis," NBER Working Papers, National Bureau of Economic Research, Inc, number 25452, Jan.
• Kockerols, Thore & Kok, Christoffer, 2019, "Leaning against the wind: macroprudential policy and the financial cycle," Working Paper Series, European Central Bank, number 2223, Jan.
• S. Boragan Aruoba & Ronel Elul & Ṣebnem Kalemli-Özcan, 2019, "How Big is the Wealth Effect? Decomposing the Response of Consumption to House Prices," Working Papers, Federal Reserve Bank of Philadelphia, number 19-6, Jan, DOI: 10.21799/frbp.wp.2019.06.
• Hasan, Amiratul Nadiah & Masih, Mansur, 2018, "Determinants of food price inflation: evidence from Malaysia based on linear and nonlinear ARDL," MPRA Paper, University Library of Munich, Germany, number 91517, Dec.
• Ekaterina S. Jardim & Gary Solon & Jacob L. Vigdor, 2019, "How Prevalent Is Downward Rigidity in Nominal Wages? Evidence from Payroll Records in Washington State," NBER Working Papers, National Bureau of Economic Research, Inc, number 25470, Jan.
• Ermanno Catullo & Federico Giri & Mauro Gallegati, 2019, "Macro and Micro Prudential Policies: Sweet and Lowdown in a Credit Network Agent Based Model," Working Papers, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali, number 434, Jan.
• Congressional Budget Office, 2018, "How Changes in Economic Conditions Might Affect the Federal Budget," Reports, Congressional Budget Office, number 54052, Jun.
• Alok Johri & Muhebullah Karimzada, 2018, "Learning Efficiency Shocks, Knowledge Capital and the Business Cycle: A Bayesian Evaluation," Department of Economics Working Papers, McMaster University, number 2018-18, Dec.
• David Zeballos Coria & Juan Carlos Heredia Gómez & Paola Yujra Tonconi, 2018, "Fluctuaciones Cíclicas y Cambios de Régimen en la Economía Boliviana: Un Análisis Estructural a partir de un Modelo DSGE," Development Research Working Paper Series, Institute for Advanced Development Studies, number 07/2018, Oct.
• Tomas Adam & Filip Novotny, 2018, "Assessing the External Demand of the Czech Economy: Nowcasting Foreign GDP Using Bridge Equations," Working Papers, Czech National Bank, Research and Statistics Department, number 2018/18, Dec.
• Marco E. Terrones, 2019, "Do Fixers Perform Worse than Non-Fixers during Global Recessions and Recoveries?," Working Papers, Peruvian Economic Association, number 139, Jan.
• Terrones, Marco E., 2019, "Do Fixers Perform Worse than Non-Fixers during Global Recessions and Recoveries?," MPRA Paper, University Library of Munich, Germany, number 91783, Jan.
• J. Scott Davis & Andrei Zlate, 2018, "Monetary Policy Divergence and Net Capital Flows: Accounting for Endogenous Policy Responses," Supervisory Research and Analysis Working Papers, Federal Reserve Bank of Boston, number RPA 18-5, Sep.
• Martin Gurtler, 2018, "What Influences Private Investment? The Case of the Czech Republic," Working Papers, Czech National Bank, Research and Statistics Department, number 2018/14, Dec.
• Olivier Coibion & Yuriy Gorodnichenko & Michael Weber, 2019, "Monetary Policy Communications and their Effects on Household Inflation Expectations," NBER Working Papers, National Bureau of Economic Research, Inc, number 25482, Jan.
• Item repec:spo:wpmain:info:hdl:2441/5rtilga41c899ab0rctd3cp2r3 is not listed on IDEAS anymore

• Kaiji Chen & Tao Zha, 2018, "Macroeconomic Effects of China's Financial Policies," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2018-12, Nov, DOI: 10.29338/wp2018-12.
• Bracke, Philippe & Tenreyro, Silvana, 2018, "History dependence in the housing market," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 91690, Aug.
• Demary, Markus, 2019, "IW Financial Expert Survey: First Quarter 2019," IW-Reports, Institut der deutschen Wirtschaft (IW) / German Economic Institute, number 4/2019.
• Graziella Bertocchi & Marianna Brunetti & Anzelika Zaiceva, 2019, "The Financial Decisions of Immigrant and Native Households: Evidence from Italy," CEIS Research Paper, Tor Vergata University, CEIS, number 449, Jan, revised 12 May 2020.
• Boehm, Johannes & Oberfield, Ezra, 2018, "Misallocation in the market for inputs: enforcement and the organization of production," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 91694, Sep.
• Alan J. Auerbach & Yuriy Gorodnichenko & Daniel Murphy, 2019, "Local Fiscal Multipliers and Fiscal Spillovers in the United States," NBER Working Papers, National Bureau of Economic Research, Inc, number 25457, Jan.
• Luísa Farinha & Marina-Eliza Spaliara, 2018, "Bank shocks and firm performance: New evidence from the sovereign debt crisis," Working Papers, Banco de Portugal, Economics and Research Department, number w201824.
• Item repec:vuw:vuwecf:8012 is not listed on IDEAS anymore

• Zhiwu Hong & Linlin Niu & Chen Zhang, 2019, "Affine arbitrage-free yield net models with application to the euro debt crisis," Working Papers, Wang Yanan Institute for Studies in Economics (WISE), Xiamen University, number 2019-01-30, Jan, revised 06 Nov 2021.
• Joseph E Gagnon & Philip Turner, 2019, "Monetary and Exchange Rate Policies for Sustained Growth in Asia," National Institute of Economic and Social Research (NIESR) Discussion Papers, National Institute of Economic and Social Research, number 497, Jan.
• Berlingieri, Giuseppe & Calligaris, Sara & Criscuolo, Chiara, 2018, "The productivity-wage premium: does size still matter in a service economy?," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 91678, Jul.
• Congressional Budget Office, 2018, "The Deficit Reductions Necessary to Meet Various Targets for Federal Debt," Reports, Congressional Budget Office, number 54181, Aug.
• Pietro Veronesi, 2019, "Heterogeneous Households under Uncertainty," NBER Working Papers, National Bureau of Economic Research, Inc, number 25448, Jan.
• Olivier Coibion & Yuriy Gorodnichenko & Michael Weber & Michael Weber, 2019, "Monetary Policy Communications and their Effects on Household Inflation Expectations," CESifo Working Paper Series, CESifo, number 7464.
• Congressional Budget Office, 2018, "A Review of CBO’s Estimate of the Effects of the Recovery Act on SNAP," Reports, Congressional Budget Office, number 54864, Dec.
• Artem Kochnev, 2019, "Dying Light: War and Trade of the Separatist-Controlled Areas of Ukraine," wiiw Working Papers, The Vienna Institute for International Economic Studies, wiiw, number 161, Jan.
• Bahruddin, Wan Athirah & Masih, Mansur, 2018, "Is the relation between lending interest rate and non-performing loans symmetric or asymmetric ? evidence from ARDL and NARDL," MPRA Paper, University Library of Munich, Germany, number 91565, Dec.
• Jens Klose, 2019, "Measuring Redenomination Risks in the Euro Area - New Evidence from Survey Data," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 201903.
• Pandey, Radhika & Sapre. Amey & Sinha, Pramod, 2019, "What do we know about changing economic activity of firms?," Working Papers, National Institute of Public Finance and Policy, number 19/249, Jan.
• Giorgia Callegaro & Claudia Ceci & Giorgio Ferrari, 2019, "Optimal Reduction of Public Debt under Partial Observation of the Economic Growth," Papers, arXiv.org, number 1901.08356, Jan, revised Jan 2019.
• Patnaik, Ila & Mittal, Shalini & Pandey, Radhika, 2019, "Examining the trade-off between price and financial stability in India," Working Papers, National Institute of Public Finance and Policy, number 19/248, Jan.
• Item repec:spo:wpmain:info:hdl:2441/6gjj4t61tm90aauv9v241g1u29 is not listed on IDEAS anymore

• Claude DIEBOLT & Charlotte LE CHAPELAIN, 2019, "Human Capital and Economic Growth," Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg, number 2019-02.
• Carlos Gustavo Machicado Salas, 2018, "De Las Causas Próximas A Las Causas Profundas Del Crecimiento Económico De Bolivia Entre 1950 Y 2015," Development Research Working Paper Series, Institute for Advanced Development Studies, number 09/2018, Dec.
• George Pagoulatos, 2018, "Greece after the Bailouts: Assessment of a Qualified Failure," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe, Hellenic Observatory, LSE, number 130, Nov.
• Andrés Rius & Carolina Román, 2018, "Countries in the hamster wheel?: Nurkse-Duesenberry demonstration effects and the determinants of savings," Documentos de Trabajo (working papers), Instituto de Economía - IECON, number 18-11, Sep.
• Bentsen, Kristian Hedeager & Munch, Jakob R. & Schaur, Georg, 2018, "Education Spillovers within the Workplace," IZA Discussion Papers, Institute of Labor Economics (IZA), number 12054, Dec.
• Congressional Budget Office, 2018, "Funding for International Affairs Activities, Within and Outside Agencies’ Base Budgets," Reports, Congressional Budget Office, number 54848, Dec.
• Yu Chen & Matthew Doyle & Francisco Gonzalez, 2019, "Bad Jobs," Working Papers, University of Waterloo, Department of Economics, number 1902, Jan, revised Jan 2019.
• Emter, Lorenz & Herzberg, Valerie, 2018, "The rationale for GDP-linked bonds for the euro area," Economic Letters, Central Bank of Ireland, number 10/EL/18, Nov.
• Sonora, Robert, 2019, "Income Inequality, Poverty, and the Rule of Law: Latin America vs the Rest of the World1," MPRA Paper, University Library of Munich, Germany, number 91512, Jan.
• Götz, Martin, 2018, "Financial constraints and corporate environmental responsibility," SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE, number 241, DOI: 10.2139/ssrn.3230344.

Report NEP-MAC-2019-02-04

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: