Report NEP-MAC-2019-04-22

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:

• Daniela Hauser & Martin Seneca, 2019, "Labor mobility in a monetary union," Bank of England working papers, Bank of England, number 786, Apr.
• Proaño Acosta, Christian & Peña, Juan Carlos & Saalfeld, Thomas, 2019, "Inequality, macroeconomic performance and political polarization: An empirical analysis," BERG Working Paper Series, Bamberg University, Bamberg Economic Research Group, number 149.
• Enrique Alberola-Ila & Carlos Urrutia, 2019, "Does informality facilitate inflation stability?," BIS Working Papers, Bank for International Settlements, number 778, Apr.
• Nguyen, Thien T., 2018, "Public Debt and the Slope of the Term Structure," Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics, number 2018-23, Nov.
• Silvia Miranda-Agrippino & Sinem Hacioglu Hoke & Kristina Bluwstein, 2019, "When creativity strikes: news shocks and business cycle fluctuations," Bank of England working papers, Bank of England, number 788, Apr.
• Li, Ye, 2019, "Fragile New Economy: The Rise of Intangible Capital and Financial Instability," Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics, number 2018-19, Jan.
• Bossone, Biagio, 2019, "The portfolio theory of inflation (and policy effectiveness)," Economics Discussion Papers, Kiel Institute for the World Economy, number 2019-29.
• Toshitaka Maruyama & Kenji Suganuma, 2019, "Inflation Expectations Curve in Japan," Bank of Japan Working Paper Series, Bank of Japan, number 19-E-6, Apr.
• Quast, Josefine & Wolters, Maik H., 2019, "Reliable real-time output gap estimates based on a modified Hamilton filter," IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS), number 133.
• Michael D. Bauer & Aeimit K. Lakdawala & Philippe Mueller, 2021, "Market-Based Monetary Policy Uncertainty," Working Paper Series, Federal Reserve Bank of San Francisco, number 2019-12, Feb, DOI: 10.24148/wp2019-12.
• Chengcheng Jia, 2019, "The Informational Effect of Monetary Policy and the Case for Policy Commitment," Working Papers, Federal Reserve Bank of Cleveland, number 19-07R, Apr, revised 09 May 2022, DOI: 10.26509/frbc-wp-201907r.
• Valerie Grossman & Enrique Martínez García & Mark A. Wynne & Ren Zhang, 2019, "Ties That Bind: Estimating the Natural Rate of Interest for Small Open Economies," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 359, Mar, revised 05 Mar 2021, DOI: 10.24149/gwp359r1.
• Daniela Hauser & Martin Seneca, 2019, "Labor Mobility in a Monetary Union," Staff Working Papers, Bank of Canada, number 19-15, Apr, DOI: 10.34989/swp-2019-15.
• Gianni Amisano & Oreste Tristani, 2019, "Uncertainty Shocks, Monetary Policy and Long-Term Interest Rates," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-024, Apr, DOI: 10.17016/FEDS.2019.024.
• Paul Jackson & Florian Madison, 2019, "Entrepreneurial finance, home equity, and monetary policy," ECON - Working Papers, Department of Economics - University of Zurich, number 322, Apr, revised Jun 2020.
• Yang-Ho Park, 2019, "Information in Yield Spread Trades," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-025, Apr, DOI: 10.17016/FEDS.2019.025.
• Item repec:dnb:dnbwpp:629 is not listed on IDEAS anymore

• Olkhov, Victor, 2018, "Economic and Financial Transactions Govern Business Cycles," MPRA Paper, University Library of Munich, Germany, number 93269.
• Manuel Muñoz, 2018, "Rethinking Capital Regulation: The Case for a Dividend Prudential Target," CNMV Working Papers, CNMV- Spanish Securities Markets Commission - Research and Statistics Department, number CNMV Working Papers no. 6.
• Item repec:bof:bofrdp:2019_007 is not listed on IDEAS anymore

• Horacio Sapriza & Judit Temesvary, 2019, "How Does the Strength of Monetary Policy Transmission Depend on Real Economic Activity?," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-023, Apr, DOI: 10.17016/FEDS.2019.023.
• Item repec:dnb:dnbwpp:631 is not listed on IDEAS anymore

• George Economides & Anastasio Xepapadeas, 2019, "The effects of climate change on a small open economy," CESifo Working Paper Series, CESifo, number 7582.
• Bataa, Erdenebat, 2019, "Growth and Inflation Regimes in Greater Tumen Initiative Area," MPRA Paper, University Library of Munich, Germany, number 93374, Apr.
• James Costain & Anton Nakov & Borja Petit, 2019, "Monetary policy implications of state-dependent prices and wages," Working Papers, Banco de España, number 1910, Apr.
• Lieberknecht, Philipp & Wieland, Volker, 2019, "On the macroeconomic and fiscal effects of the tax cuts and jobs act," Working Papers, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, number 10/2018.
• Lieberknecht, Philipp & Wieland, Volker, 2019, "On the macroeconomic and fiscal effects of the Tax Cuts and Jobs Act," IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS), number 131.
• Cecilia Dassatti Camors & José-Luis Peydró & Francesc Rodriguez-Tous & Sergio Vicente, 2019, "Macroprudential and monetary policy: Loan-level evidence from reserve requirements," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1650, Mar, revised Nov 2019.
• Yota Deli & Manthos D. Delis & Iftekhar Hasan & Liuling Liu, 2019, "Enforcement of banking regulation and the cost of borrowing," Open Access publications, School of Economics, University College Dublin, number 10197/9909, Jan.
• Item repec:van:wpaper:vuecon-sub-19-00010 is not listed on IDEAS anymore

• Margherita Bottero & Camelia Minoiu & José-Luis Peydró & Andrea Polo & Andrea F. Presbitero & Enrico Sette, 2019, "Expansionary yet different: credit supply and real effects of negative interest rate policy," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1649, Feb, revised Sep 2020.
• Battistini, Niccolò & Callegari, Giovanni & Zavalloni, Luca, 2019, "Dynamic fiscal limits and monetary-fiscal policy interactions," Working Paper Series, European Central Bank, number 2268, Apr.
• Paul, Saumik, 2019, "A Decline in Labor's Share with Capital Accumulation and Complementary Factor Inputs: An Application of the Morishima Elasticity of Substitution," IZA Discussion Papers, Institute of Labor Economics (IZA), number 12219, Mar.
• Jeffrey R. Campbell & Filippo Ferroni & Jonas D. M. Fisher & Leonardo Melosi, 2019, "The limits of forward guidance," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2019-3, Mar, DOI: 10.21033/wp-2019-03.
• Rodrigo Barbone Gonzalez & Dmitry Khametshin & José-Luis Peydró & Andrea Polo, 2018, "Hedger of last resort: Evidence from Brazilian FX interventions, local credit, and global financial cycles," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1648, Oct, revised Nov 2022.
• Bernardo Morais & José-Luis Peydró & Jessica Roldán-Peña & Claudia Ruiz-Ortega, 2015, "The international bank lending channel of monetary policy rates and QE: Credit supply, reach-for-yield, and real effects," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1656, Mar.
• Roger Farmer & Giovanni Nicolò, 2019, "Some International Evidence for Keynesian Economics without the Phillips Curve," NBER Working Papers, National Bureau of Economic Research, Inc, number 25743, Apr.
• Potjagailo, Galina & Wolters, Maik H., 2019, "Global financial cycles since 1880," IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS), number 132.
• Croce, Mariano & Nguyen, Thien & Raymond, Steve, 2018, "Persistent Government Debt and Risk Distribution," Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics, number 2019-02, Nov.
• Paul J.J. Welfens & Tian Xiong, 2018, "BREXIT Perspectives: Financial Market Dynamics, Welfare Aspects and Problems from Slower Growth," EIIW Discussion paper, Universitätsbibliothek Wuppertal, University Library, number disbei249, Sep.
• Raphael Auer, 2019, "Beyond the Doomsday Economics of “Proof-of-Work” in Cryptocurrencies," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 355, Feb, DOI: 10.24149/gwp355.
• Makoto Watanabe & Vyacheslav Arbuzov & Yu Awaya & Hiroki Fukai, , "Endogenous Repo Cycles," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 19-019/VII.
• Jonathan D. Fisher & David Johnson & Timothy Smeeding & Jeffrey P. Thompson, 2019, "Estimating the marginal propensity to consume using the distributions of income, consumption and wealth," Working Papers, Federal Reserve Bank of Boston, number 19-4, Feb.
• Francesca Loria & Christian Matthes & Donghai Zhang, 2019, "Assessing Macroeconomic Tail Risk," Working Paper, Federal Reserve Bank of Richmond, number 19-10, Apr.
• Francesca Loria & Christian Matthes & Donghai Zhang, 2019, "Assessing Macroeconomic Tail Risk," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-026, Apr, DOI: 10.17016/FEDS.2019.026.
• Ehrmann, Michael & Gaballo, Gaetano & Hoffmann, Peter & Strasser, Georg, 2019, "Can more public information raise uncertainty? The international evidence on forward guidance," Working Paper Series, European Central Bank, number 2263, Apr.
• Stephen Millard & Anamaria Nicolae & Michael Nower, 2019, "International trade, non-trading firms and their impact on labour productivity," Bank of England working papers, Bank of England, number 787, Apr.
• Hyeongwoo Kim & Kyunghwan Ko, 2019, "Improving Forecast Accuracy of Financial Vulnerability: PLS Factor Model Approach," Auburn Economics Working Paper Series, Department of Economics, Auburn University, number auwp2019-03, Apr.
• Branch, William A. & Gasteiger, Emanuel, 2019, "Endogenously (non-)Ricardian beliefs," ECON WPS - Working Papers in Economic Theory and Policy, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit, number 03/2019.
• Hernando Vargas-Herrera & Mauricio Villamizar-Villegas, 2019, "Effectiveness of FX Intervention and the Flimsiness of Exchange rate Expectations," Borradores de Economia, Banco de la Republica de Colombia, number 1070, Apr, DOI: 10.32468/be.1070.
• Wei Chen & Xilu Chen & Chang-Tai Hsieh & Zheng Song, 2019, "A Forensic Examination of China's National Accounts," NBER Working Papers, National Bureau of Economic Research, Inc, number 25754, Apr.
• Julien Albertini & Arthur Poirier & Thepthida Sopraseuth, 2019, "Informal Work along the Business Cycle: Evidence from Argentina," Working Papers, Groupe d'Analyse et de Théorie Economique Lyon St-Etienne (GATE Lyon St-Etienne), Université de Lyon, number 1916.
• Wilko Bolt & Kostas Mavromatis & Sweder van Wijnbergen, , "The Global Macroeconomics of a Trade War: The EAGLE model on the US-China trade conflict," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 19-015/VIII.
• Michael Gelman & Shachar Kariv & Matthew D. Shapiro & Dan Silverman, 2019, "Rational Illiquidity and Consumption: Theory and Evidence from Income Tax Withholding and Refunds," NBER Working Papers, National Bureau of Economic Research, Inc, number 25757, Apr.
• Frankel, Jeffrey A., 2019, "Should the Fed Be Constrained?," Working Paper Series, Harvard University, John F. Kennedy School of Government, number rwp19-003, Jan.
• Leonardo Costa, 2019, "Ser ou não ser: Reflexões sobre a crise e o futuro da União Europeia," Working Papers de Economia (Economics Working Papers), Católica Porto Business School, Universidade Católica Portuguesa, number 03, Mar.
• Laurent Ferrara & Anna Simoni, 2019, "When are Google data useful to nowcast GDP? An approach via pre-selection and shrinkage," Working papers, Banque de France, number 717.
• Demekas, Dimitri G., 2019, "Building an effective financial stability policy framework: lessons from the post-crisis decade," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 100483, Apr.
• Tran, Thi Ha, 2019, "Impacts of Exchange Rate on Vietnam-Japan Trade Balance: A Nonlinear Asymmetric Cointegration Approach," MPRA Paper, University Library of Munich, Germany, number 93286, Apr.
• Kenny S, Victoria, 2019, "Effects of Human Capital Investment on Unemployment Volatility in Nigeria (1981-2015)," MPRA Paper, University Library of Munich, Germany, number 93295, Apr.
• Pierpaolo Benigno, 2019, "Monetary Policy in a World of Cryptocurrencies," EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF), number 1905, revised Apr 2019.
• Kenny S, Victoria, 2019, "Manufacturing Sector Performance, Exchange Rate Volatility and Inclusive Growth In Nigeria (1981-2015)," MPRA Paper, University Library of Munich, Germany, number 93296, Apr.
• Eric Rosengren, 2019, "Monetary policymaking in today’s environment: finding “policy space” in a low-rate world: remarks at the 33rd Annual Cornelson Distinguished Lecture at Davidson College, Davidson, North Carolina, Apri," Speech, Federal Reserve Bank of Boston, number 143, Apr.
• Broadberry, Stephen & Gardner, Leigh, 2019, "Economic growth in sub-Saharan Africa, 1885-2008," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 100473, Apr.
• Asriyan, Vladimir & Laeven, Luc & Martin, Alberto, 2019, "Collateral booms and information depletion," Working Paper Series, European Central Bank, number 2266, Apr.
• Nathaniel Baum-Snow & Daniel Hartley & Kwan Ok Lee, 2019, "The Long-Run Effects of Neighborhood Change on Incumbent Families," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2019-2, Mar, DOI: 10.21033/wp-2019-02.
• Sebastian Doerr & Stefan Gissler & José-Luis Peydró & Hans-Joachim Voth, 2018, "From finance to fascism," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1651, Mar, revised Nov 2020.
• Polbin, Andrey & Shumilov, Andrei & Bedin, Andrey & Kulikov, Alexander, 2019, "Модель Реального Обменного Курса Рубля С Марковскими Переключениями Режимов
  [Modeling real exchange rate of the Russian ruble using Markov regime-switching approach]," MPRA Paper, University Library of Munich, Germany, number 93310.
• Alexander Chudik & Mohammad Hashem Pesaran & Kamiar Mohaddes, 2019, "Identifying Global and National Output and Fiscal Policy ShocksUsing a GVAR," Working Papers, Economic Research Forum, number 1286, revised 2019.
• Puigvert Jonathan & Juárez-Torres Miriam, 2019, "Labour Force Participation and the Business Cycle in Mexico," Working Papers, Banco de México, number 2019-04, Mar.
• Olmstead-Rumsey, Jane, 2019, "Market Concentration and the Productivity Slowdown," MPRA Paper, University Library of Munich, Germany, number 93260, Apr.
• Choong Hyun Nam, 2019, "Overhead Labour and Skill-Biased Technological Change: The Role of Product Diversification," Working Papers, Economic Research Institute, Bank of Korea, number 2019-15, Apr.
• Proaño Acosta, Christian & Lojak, Benjamin, 2019, "Animal spirits, risk premia and monetary policy at the zero lower bound," BERG Working Paper Series, Bamberg University, Bamberg Economic Research Group, number 148.
• Ogawa, Shogo, 2019, "Effective Demand and Quantity Constrained Growth: A Simple Two-Sector Disequilibrium Approach," MPRA Paper, University Library of Munich, Germany, number 93336, Apr.
• Stefano Giglio & Matteo Maggiori & Johannes Stroebel & Stephen Utkus, 2019, "Five Facts about Beliefs and Portfolios," NBER Working Papers, National Bureau of Economic Research, Inc, number 25744, Apr.
• Fiedor, Pawel & Katsoulis, Petros, 2019, "An Lonn Dubh: A Framework for Macroprudential Stress Testing of Investment Funds," Financial Stability Notes, Central Bank of Ireland, number 2/FS/19, Apr.
• Pippenger, John, 2018, "Forward Bias, Uncovered Interest Parity And Related Puzzles," University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara, number qt1778z416, Mar.
• José M. Ordóñez-de-Haro & José L. Torres, 2019, "Sharing Economy in Macroeconomics: Collaborative Consumption and Durable Goods," Working Papers, Universidad de Málaga, Department of Economic Theory, Málaga Economic Theory Research Center, number 2019-01, Jan.
• Jost, Thomas, 2019, "Von der Troika zu einem Europäischen Währungsfonds: Welche Aufgaben und Grenzen sollte ein Europäischer Währungsfonds nach den Erfahrungen mit der Troika haben?," Weidener Diskussionspapiere, University of Applied Sciences Amberg-Weiden (OTH), number 66.
• Item repec:wrk:wrkemf:20 is not listed on IDEAS anymore

• Ben-David, Itzhak & Towbin, Pascal & Weber, Sebastian, 2019, "Expectations During the U.S. Housing Boom: Inferring Beliefs from Actions," Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics, number 2019-8, Mar.
• Imbs, Jean & Pauwels, Laurent, 2019, "Fundamental Moments," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 13662, Apr.
• Reinhart, Carmen, 2019, "Financial Crises: Past and Future," Working Paper Series, Harvard University, John F. Kennedy School of Government, number rwp19-005, Jan.
• Akcigit, Ufuk & Ates, Sina T., 2019, "What Happened to U.S. Business Dynamism?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 13669, Apr.
• Richard H. Clarida, 2019, "The Federal Reserve's Review of Its Monetary Policy Strategy, Tools, and Communication Practices : a speech at the \"Fed Listens: Distributional Consequences of the Cycle and Monetary Policy\" Conference hosted by the Opportunity and Inclus," Speech, Board of Governors of the Federal Reserve System (U.S.), number 1054, Apr.
• Kenny S, Victoria, 2019, "Macroeconomic Performance Indicators and Exchange Rate Misalignment in Nigeria," MPRA Paper, University Library of Munich, Germany, number 93292, Apr.
• Howard, Greg & Liebersohn, Jack, 2018, "The Geography Channel of House Price Appreciation," Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics, number 2018-17, Aug.
• Jared Berry & Felicia Ionescu & Robert J. Kurtzman & Rebecca Zarutskie, 2019, "Changes in Monetary Policy and Banks' Net Interest Margins: A Comparison across Four Tightening Episodes," FEDS Notes, Board of Governors of the Federal Reserve System (U.S.), number 2019-04-19-2, Apr, DOI: 10.17016/2380-7172.2352.
• Klemperer, Paul, 2019, "Product-Mix Auctions," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 13667, Apr.
• Mitu Gulati & Ugo Panizza & W. Mark C. Weidemaier & Gracie Willingham, 2019, "When Governments Promise to Prioritize Public Debt: Do Markets Care?," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 07-2019, Apr.
• Simplice A. Asongu & Uchenna R. Efobi & Belmondo V. Tanankem & Evans S. Osabuohien, 2019, "Globalisation and Female Economic Participation in Sub-Saharan Africa," Working Papers of the African Governance and Development Institute., African Governance and Development Institute., number 19/019, Jan.
• Richard H. Clarida, 2019, "U.S. Economic Outlook and Monetary Policy : a speech at \"Promoting Global Growth and Domestic Economic Security,\" 35th Annual NABE Economic Policy Conference, Washington, D.C., February 28, 2019," Speech, Board of Governors of the Federal Reserve System (U.S.), number 1041, Feb.
• Panizza, Ugo & Gulati, Mitu & Weidemaier, Mark & Willingham, Grace, 2019, "When Governments Promise to Prioritize Public Debt: Do Markets Care?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 13673, Apr.
• Ufuk Akcigit & Sina T. Ates, 2019, "Ten Facts on Declining Business Dynamism and Lessons from Endogenous Growth Theory," NBER Working Papers, National Bureau of Economic Research, Inc, number 25755, Apr.
• Chung Tran & Nabeeh Zakariyya, 2019, "Tax Progressivity in Australia: Facts, Measurements and Estimates," ANU Working Papers in Economics and Econometrics, Australian National University, College of Business and Economics, School of Economics, number 2019-667, Mar.
• Kazeem B. Ajide & Olorunfemi Y. Alimi & Simplice A. Asongu, 2019, "Ethnic Diversity and Inequality in sub-Saharan Africa: Do Institutions Reduce the Noise?," Working Papers of the African Governance and Development Institute., African Governance and Development Institute., number 19/018, Jan.
• Akcigit, Ufuk & Ates, Sina T., 2019, "Ten Facts on Declining Business Dynamism and Lessons from Endogenous Growth Theory," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 13668, Apr.
• Jon Frost & Leonardo Gambacorta & Yi Huang & Hyun Song Shin & Pablo Zbinden, 2019, "BigTech and the changing structure of financial intermediation," BIS Working Papers, Bank for International Settlements, number 779, Apr.
• López-Martín Bernabé, 2019, "Firm Export Dynamics and the Exchange Rate A Quantitative Exploration," Working Papers, Banco de México, number 2019-05, Mar.

Report NEP-MAC-2019-04-22

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: