Report NEP-MAC-2019-09-30

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.

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Other reports in NEP-MAC

The following items were announced in this report:

• Guillermo A. Calvo, 2019, "Liquidity Deflation and Liquidity Trap under Flexible Prices: Some Microfoundations and Implications," NBER Working Papers, National Bureau of Economic Research, Inc, number 26277, Sep.
• Item repec:upd:utmpwp:013 is not listed on IDEAS anymore

• Francesco Bianchi & Leonardo Melosi & Matthias Rottner, 2019, "Hitting the Elusive Inflation Target," NBER Working Papers, National Bureau of Economic Research, Inc, number 26279, Sep.
• Roman Horvath & Lorant Kaszab & Ales Marsal & Katrin Rabitsch, 2019, "Determinants of Fiscal Multipliers Revisited," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp294, Sep.
• Peter Hördahl & Oreste Tristani, 2019, "Modelling yields at the lower bound through regime shifts," BIS Working Papers, Bank for International Settlements, number 813, Sep.
• Òscar Jordà & Alan M. Taylor, 2019, "Riders on the Storm," NBER Working Papers, National Bureau of Economic Research, Inc, number 26262, Sep.
• Jesus Fernandez-Villaverde & Federico Mandelman & Yang Yu & Francesco Zanetti, 2019, "Search Complementarities, Aggregate Fluctuations, and Fiscal Policy," PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, number 19-016, Sep.
• Fatih Guvenen & Gueorgui Kambourov & Burhanettin Kuruscu & Sergio Ocampo-Diaz & Daphne Chen, 2019, "Use It or Lose It: Efficiency Gains from Wealth Taxation," NBER Working Papers, National Bureau of Economic Research, Inc, number 26284, Sep.
• Bersson, Betsy & Hürtgen, Patrick & Paustian, Matthias, 2019, "Expectations formation, sticky prices, and the ZLB," Discussion Papers, Deutsche Bundesbank, number 34/2019.
• Horst, Maximilian & Neyer, Ulrike, 2019, "The impact of quantitative easing on bank loan supply and monetary policy implementation in the euro area," DICE Discussion Papers, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE), number 325.
• Bozhechkova Alexandra & Kiyutsevskaya Anna & Trunin Pavel & Knobel Alexander, 2019, "Russia’s Monetary Policy in 2018," Published Papers, Gaidar Institute for Economic Policy, number ppaper-2019-960, revised 2019.
• Donadelli, Michael & Jüppner, Marcus & Prosperi, Lorenzo, 2019, "Risk weighting, private lending and macroeconomic dynamics," Discussion Papers, Deutsche Bundesbank, number 30/2019.
• Hertrich, Markus, 2019, "A novel housing price misalignment indicator for Germany," Discussion Papers, Deutsche Bundesbank, number 31/2019.
• Gander, Sascha, 2019, "The European economic crisis from 2007 onwards in the context of a global crisis of over-production of capital - a Marxian monetary theory of value interpretation," IPE Working Papers, Berlin School of Economics and Law, Institute for International Political Economy (IPE), number 125/2019.
• Sindri Engilbertsson & Gylfi Zoega, 2019, "The Effect of Brexit on the UK Economy (so far)," BCAM Working Papers, Birkbeck Centre for Applied Macroeconomics, number 1907, Sep.
• Athanasios Geromichalos & Kuk Mo Jung, 2019, "Monetary Policy and Efficiency in Over-the-Counter Financial Trade," Working Papers, Nam Duck-Woo Economic Research Institute, Sogang University (Former Research Institute for Market Economy), number 1903.
• Gächter, Martin & Geiger, Martin & Stöckl, Sebastian, 2019, "Credit intermediation and the transmission of macro-financial uncertainty: International evidence," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 204444, DOI: 10.13091/li-ap-63.
• Horvath, Roman & Kaszab, Lorant & Marsal, Ales & Rabitsch, Katrin, 2019, "Determinants of Fiscal Multipliers Revisited," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 294, Sep.
• Schön, Matthias & Stähler, Nikolai, 2019, "When old meets young? Germany's population ageing and the current account," Discussion Papers, Deutsche Bundesbank, number 33/2019.
• Jelena Zivanovic, 2019, "What Does Structural Analysis of the External Finance Premium Say About Financial Frictions?," Staff Working Papers, Bank of Canada, number 19-38, Sep, DOI: 10.34989/swp-2019-38.
• María Victoria Landaberry, 2019, "Boom de crédito en Uruguay: Identificación y Anticipación," Documentos de trabajo, Banco Central del Uruguay, number 2019001.
• Marina Sanches & Laura Carvalho, 2019, "The contribution of fiscal policy to the Brazilian recent crisis: an analysis based on expenditure and tax multipliers for the central government in the period 1997-2018," Working Papers, Department of Economics, University of São Paulo (FEA-USP), number 2019_35, Sep, revised 23 Sep 2019.
• Mathias Klein & Ludger Linnemann, 2019, "Tax and Spending Shocks in the Open Economy: Are the Deficits Twins?," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1821.
• Jesus Fernandez-Villaverde & Samuel Hurtado & Galo Nuno, 2019, "Financial Frictions and the Wealth Distribution," PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, number 19-015, Sep.
• Seungduck Lee & Kuk Mo Jung, 2019, "A Liquidity-Based Resolution of the Uncovered Interest Parity Puzzle," Working Papers, Nam Duck-Woo Economic Research Institute, Sogang University (Former Research Institute for Market Economy), number 1902.
• Naudé, Wim, 2019, "The Decline in Entrepreneurship in the West: Is Complexity Ossifying the Economy?," IZA Discussion Papers, Institute of Labor Economics (IZA), number 12602, Sep.
• Emanuel Kohlscheen & Jouchi Nakajima, 2019, "Steady-state growth," BIS Working Papers, Bank for International Settlements, number 812, Sep.
• Kosuke Aoki & Hibiki Ichiue & Tatsushi Okuda, 2019, "Consumers' Price Beliefs, Central Bank Communication, and Inflation Dynamics," Bank of Japan Working Paper Series, Bank of Japan, number 19-E-14, Sep.
• Kuk Mo Jung & Ju Hyun Pyun, 2019, "Out-of-Sample Analysis of International Reserves for Emerging Economies with a Dynamic Panel Model," Working Papers, Nam Duck-Woo Economic Research Institute, Sogang University (Former Research Institute for Market Economy), number 1904.
• Cascaldi-Garcia, Danilo & Vukotic, Marija, 2019, "Patent-Based News Shocks," The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics, number 1225.
• Michael Funke & Danilo Leiva-Leon & Andrew Tsang, 2019, "Mapping China’s time-varying house price landscape," Working Papers, Banco de España, number 1930, Sep.
• Andrea Giovanni Gazzani & Alejandro Vicondoa, 2019, "Proxy-SVAR as a Bridge for Identification with Higher Frequency Data," 2019 Meeting Papers, Society for Economic Dynamics, number 855.
• Chakraborty, Lekha & Chakraborty, Pinaki & Shrestha, Ruzel, 2019, "Budget Credibility of Subnational Governments: Analyzing the Fiscal Forecasting Errors of 28 States in India," MPRA Paper, University Library of Munich, Germany, number 95921.
• Item repec:imf:imfscr:19/301 is not listed on IDEAS anymore

• Item repec:spo:wpmain:info:hdl:2441/73bviabv8o80nrgh0mm5h3163q is not listed on IDEAS anymore

• Anthony Edo & Jacques Melitz, 2019, "The Primary Cause of European Inflation in 1500-1700: Precious Metals or Population? The English Evidence," Working Papers, Center for Research in Economics and Statistics, number 2019-14, Sep.
• Ufuk Akcigit & Yusuf Emre Akgunduz & Seyit Mumin Cilasun & Elif Ozcan Tok & Fatih Yilmaz, 2019, "Facts on Business Dynamism in Turkey," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 1930.
• Item repec:imf:imfscr:19/296 is not listed on IDEAS anymore

• Item repec:imf:imfscr:19/299 is not listed on IDEAS anymore

• Leilane de Freitas Rocha Cambara & Roberto Meurer, Gilberto Tadeu Lima, 2019, "Deviating from Perfect Foresight but not from Theoretical Consistency: The Behavior of Inflation Expectations in Brazil," Working Papers, Department of Economics, University of São Paulo (FEA-USP), number 2019_36, Sep.
• Stone, Joe A. & Jacobs, David, 2019, "Presidential party affiliation and electoral cycles in the U.S.economy: evidence from party changes in adjacent terms," MPRA Paper, University Library of Munich, Germany, number 96064, Sep.
• Danial Lashkari & Arthur Bauer & Jocelyn Boussard, 2019, "Information Technology and Returns to Scale," Boston College Working Papers in Economics, Boston College Department of Economics, number 984, Sep.
• Aditya Aladangady & Shifrah Aron-Dine & Wendy Dunn & Laura Feiveson & Paul Lengermann & Claudia Sahm, 2019, "From Transactions Data to Economic Statistics: Constructing Real-time, High-frequency, Geographic Measures of Consumer Spending," NBER Working Papers, National Bureau of Economic Research, Inc, number 26253, Sep.
• Díaz, Antonia & Jerez, Belén & Rincón-Zapatero, Juan Pablo, 2019, "Housing Prices and Credit Constraints in Competitive Search," UC3M Working papers. Economics, Universidad Carlos III de Madrid. Departamento de Economía, number 28874, Sep.
• Victor Dorofeenko & Gabriel Lee & Kevin Salyer & Johannes Strobel, 2019, "Uncertainty and Housing in a New Keynesian Monetary Model with Agency Costs," ERES, European Real Estate Society (ERES), number eres2019_214, Jan.
• Anson T. Y. Ho & Mikael Khan & Monica Mow & Brian Peterson, 2019, "Home Equity Extraction and Household Spending in Canada," Staff Analytical Notes, Bank of Canada, number 2019-27, Sep, DOI: 10.34989/san-2019-27.
• Marcos R. Castro, 2019, "Sectoral Countercyclical Buffers in a DSGE Model with a Banking Sector," Working Papers Series, Central Bank of Brazil, Research Department, number 503, Sep.
• Mariano Kulish & Adrian Pagan, 2019, "Turning Point and Oscillatory Cycles," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2019-74, Sep.
• Florin Bilbiie, 2019, "Monetary Policy and Heterogeneity: An Analytical Framework," 2019 Meeting Papers, Society for Economic Dynamics, number 178.
• Adam, Klaus & Weber, Henning, 2019, "Price trends over the product life cycle and the optimal inflation target," Discussion Papers, Deutsche Bundesbank, number 32/2019.
• Pierre Mabille, 2019, "Aggregate Precautionary Savings Motives," 2019 Meeting Papers, Society for Economic Dynamics, number 344.
• Franziska Bremus & Melina Ludolph, 2019, "The Nexus between Loan Portfolio Size and Volatility: Does Banking Regulation Matter?," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1822.
• John Duffy & Daniela Puzzello, 2019, "The Friedman Rule in the Laboratory," 2019 Meeting Papers, Society for Economic Dynamics, number 541.
• Galassi, Gabriela & Koll, David & Mayr, Lukas, 2019, "The Intergenerational Correlation of Employment: Is There a Role for Work Culture?," IZA Discussion Papers, Institute of Labor Economics (IZA), number 12595, Sep.
• James Bullard & Riccardo DiCecio, 2019, "Optimal Monetary Policy for the Masses," 2019 Meeting Papers, Society for Economic Dynamics, number 347.
• Perekunah B. Eregha & Arcade Ndoricimpa, 2019, "Inflation, Output Growth and their Uncertainties: A Multivariate GARCH-M Modeling Evidence for Nigeria," Working Papers, European Xtramile Centre of African Studies (EXCAS), number 19/060, Jan.
• Emile van Ommeren & Giulia Piccillo, 2019, "The Central Bank Governor and Interest Rate Setting by Committee," CESifo Working Paper Series, CESifo, number 7822.
• Bhadury, Soumya & Ghosh, Saurabh & Kumar, Pankaj, 2019, "Nowcasting GDP Growth Using a Coincident Economic Indicator for India," MPRA Paper, University Library of Munich, Germany, number 96007, Sep.
• Frank Bohn & Francisco José Veiga, 2019, "Political Budget Forecast Cycles," NIPE Working Papers, NIPE - Universidade do Minho, number 12/2019.
• Richard Blundell & Ran Gu & Søren Leth-Petersen & Hamish Low & Costas Meghir, 2019, "Durables and Lemons: Private Information and the Market for Cars," NBER Working Papers, National Bureau of Economic Research, Inc, number 26281, Sep.
• Lorenzo Bretscher & Alex Hsu & Andrea Tamoni, 2019, "Response of the Macroeconomy to Uncertainty Shocks:the Risk Premium Channel," 2019 Meeting Papers, Society for Economic Dynamics, number 1567.
• Sergio Salgado & Fatih Guvenen & Nicholas Bloom, 2019, "Skewed Business Cycles," 2019 Meeting Papers, Society for Economic Dynamics, number 1189.
• Pooya Molavi, 2019, "Macroeconomics with Learning and Misspecification: A General Theory and Applications," 2019 Meeting Papers, Society for Economic Dynamics, number 1584.
• Tsutomu Watanabe & Tomoyoshi Yabu, 2019, "How Large is the Demand for Money at the ZLB? Evidence from Japan," CARF F-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo, number CARF-F-465, Sep.
• Davide Debortoli & Pierre Yared & Ricardo Nunes, 2019, "Optimal Fiscal Policy without Commitment: Beyond Lucas-Stokey," 2019 Meeting Papers, Society for Economic Dynamics, number 926.
• Andrea Brandolini & Alfonso Rosolia, 2019, "The Distribution of Well-Being among Europeans," SOEPpapers on Multidisciplinary Panel Data Research, DIW Berlin, The German Socio-Economic Panel (SOEP), number 1052.
• Gee Hee Hong & Ernesto Pasten & Matthew Klepacz & Raphael Schoenle, 2019, "From Micro to Macro: A New Methodology to Discriminate Among Models," 2019 Meeting Papers, Society for Economic Dynamics, number 906.
• Enrique Alberola & Carlos Urrutia, 2019, "Does Informality facilitate Inflation Stability?," 2019 Meeting Papers, Society for Economic Dynamics, number 216.
• Sushant Acharya & Edouard Challe & Keshav Dogra, 2019, "Optimal Monetary Policy in HANK Economies," 2019 Meeting Papers, Society for Economic Dynamics, number 381.
• Chao Gu & Cyril Monnet & Ed Nosal & Randall Wright, 2019, "On the Instability of Banking and Financial Intermediation," 2019 Meeting Papers, Society for Economic Dynamics, number 352.
• Watzka, Klaus, 2019, "Plädoyer für eine neue Tarifpolitik: Kritische Situationsanalyse und Diskussion einer alternativen Gestaltungsvariante," Jena Contributions to Economic Research, Ernst-Abbe-Hochschule Jena – University of Applied Sciences, Department of Business Administration, number 2019/2.
• Mehmet Selman Colak & Ibrahim Ethem Guney & Ahmet Senol & Muhammed Hasan Yilmaz, 2019, "Monitoring and Forecasting Cyclical Dynamics in Bank Credits: Evidence from Turkish Banking Sector," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 1929.
• Indaco, Agustín, 2019, "From Twitter to GDP: Estimating Economic Activity From Social Media," MPRA Paper, University Library of Munich, Germany, number 95885, Mar.
• Item repec:imf:imfscr:19/295 is not listed on IDEAS anymore

• Carlos Carrillo-Tudela & David Wiczer & Ludo Visschers, 2019, "Cyclical Earnings and Employment Transitions," 2019 Meeting Papers, Society for Economic Dynamics, number 1548.
• Congressional Budget Office, 2019, "Employment of People Ages 55 to 79," Reports, Congressional Budget Office, number 55454, Sep.
• Item repec:imf:imfscr:19/297 is not listed on IDEAS anymore

• Item repec:imf:imfscr:19/293 is not listed on IDEAS anymore

• Renato Faccini & Leonardo Melosi, 2019, "Bad Jobs and Low Inflation," 2019 Meeting Papers, Society for Economic Dynamics, number 970.
• Maxime Menuet & Alexandru Minea & Patrick Villieu, 2021, "The Perils of Fiscal Rules," Working Papers, HAL, number hal-02291307, Oct.
• Christian R. Proano & Benjamin Lojak, 2019, "Animal Spirits, Risk Premia and Monetary Policy at the Zero Lower Bound," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2019-73, Sep.
• Nicolas Caramp & Dejanir Silva, 2019, "Fiscal Origins of Monetary Paradoxes," 2019 Meeting Papers, Society for Economic Dynamics, number 1281.
• Guangyu PEI, 2019, "Uncertainty, Pessimism and Economic Fluctuations," 2019 Meeting Papers, Society for Economic Dynamics, number 1494.
• Sophie van Huellen & Duo Qin & Shan Lu & Huiwen Wang & Qingchao Wang & Thanos Moraitis, 2019, "Modelling Opportunity Cost Effects in Money Demand due to Openness," Working Papers, Department of Economics, SOAS University of London, UK, number 225, Aug.
• Adrien Auclert & Frederic Martenet & Hannes Malmberg, 2019, "Wealth and Demographics in the 21st Century," 2019 Meeting Papers, Society for Economic Dynamics, number 952.
• Gert Peersman & Sebastian K. Rüth & Wouter Van der Veken, 2019, "The Interplay between Oil and Food Commodity Prices: Has It Changed over Time?," CESifo Working Paper Series, CESifo, number 7826.
• Mariarosaria Comunale, 2019, "An Investigation of the Exchange Rate Pass-Through in the Baltic States," CEIS Research Paper, Tor Vergata University, CEIS, number 469, Sep, revised 17 Sep 2019.
• Maurício S. Bugarin & Fabia A. de Carvalho, 2019, "Elections, Heterogeneity of Central Bankers and Inflationary Pressure: the case for staggered terms for the president and the central banker," Working Papers Series, Central Bank of Brazil, Research Department, number 501, Sep.
• Oscar Jorda & Alan Taylor & Sanjay Singh, 2019, "The Long-Run Effects of Monetary Policy," 2019 Meeting Papers, Society for Economic Dynamics, number 1307.
• Ewa Wróbel, 2019, "How to measure lending policy stance of commercial banks?," NBP Working Papers, Narodowy Bank Polski, number 317.
• Christopher Henry & Kim Huynh & Angelika Welte, 2018, "Rapport de l’enquête de 2017 sur les modes de paiement," Discussion Papers, Bank of Canada, number 18-17fr, DOI: 10.34989/sdp-2018-17.
• Alberto Bagnai & Christian Alexander Mongeau Ospina, 2017, "Neoclassical versus Post-Keynesian Explanations of the Pre-Great Recession Productivity Slowdown: Panel Evidence," a/ Working Papers Series, Italian Association for the Study of Economic Asymmetries, Rome (Italy), number 1704, Oct.
• Kolev, Atanas & Maurin, Laurent & Ségol, Matthieu, 2019, "What firms don't like about bank loans: New evidence from survey data," EIB Working Papers, European Investment Bank (EIB), number 2019/07, DOI: 10.2867/215599.
• Xiao, Tim, 2019, "The Valuation of Financial Derivatives Subject to Counterparty Risk and Credit Value Adjustment," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 204279.
• Mehrdad Esfahani & Bart Hobijn & John Fernald, 2019, "World Productivity: 1996-2014," 2019 Meeting Papers, Society for Economic Dynamics, number 539.
• Tong Zhang, 2019, "Haircut Cycles," 2019 Meeting Papers, Society for Economic Dynamics, number 124.
• Alan Hevner & Isabelle Comyn-Wattiau & Jacky Akoka & Nicolas Prat, 2018, "A pragmatic approach for identifying and managing design science research goals and evaluation criteria," Post-Print, HAL, number hal-02283783, Dec.
• Ibrahim D. Raheem & Aviral K. Tiwari & Daniel Balsalobre-lorente, 2019, "The Role of ICT and Financial Development on CO2 Emissions and Economic Growth," Working Papers of the African Governance and Development Institute., African Governance and Development Institute., number 19/058, Jan.
• Giacomo Candian & Mikhail Dmitriev, 2019, "Implications of Default Recovery Rates for Aggregate Fluctuations," 2019 Meeting Papers, Society for Economic Dynamics, number 1185.
• Heise, Arne, 2019, "Neo-Kaleckian and neo-Marxian regime research: A promising scientific research programme or a scientific cul-de-sac?," ZÖSS-Discussion Papers, University of Hamburg, Centre for Economic and Sociological Studies (CESS/ZÖSS), number 74.
• Bart Hobijn & Adam Shapiro & Fernanda Nechio, 2019, "Using Brexit to Identify the Nature of Price Rigidities," 2019 Meeting Papers, Society for Economic Dynamics, number 693.
• Athanasios Geromichalos & Kuk Mo Jung & Seungduck Lee & Dillon Carlos, 2019, "Asset Liquidity in Monetary Theory and Finance: A Unified Approach," Working Papers, Nam Duck-Woo Economic Research Institute, Sogang University (Former Research Institute for Market Economy), number 1905.
• Mehrdad Vahabi, 2019, "A Review of Rent-seekers, Profits, Wages and Inequality, The Top 20%, 2019 by Peter Mihalyi and Ivan Szelenyi," CEPN Working Papers, Centre d'Economie de l'Université de Paris Nord, number 2019-07, Aug.
• Dejanir Silva, 2019, "Optimal Fiscal Consolidation in a Currency Union," 2019 Meeting Papers, Society for Economic Dynamics, number 1338.
• Léleng Kebalo, 2019, "Le Franc CFA et le débat sur l'autonomie de la politique monétaire de la BCEAO," Post-Print, HAL, number hal-02282948, Sep.
• Kassem, Mohamad & Ali, Amjad & Audi, Marc, 2019, "Unemployment Rate, Population Density and Crime Rate in Punjab (Pakistan): An Empirical Analysis," MPRA Paper, University Library of Munich, Germany, number 95964.
• Franklin Allen & Douglas Gale & Gadi Barlevy, 2019, "Asset Price Booms and Macroeconomic Policy: a Risk-Shifting Approach," 2019 Meeting Papers, Society for Economic Dynamics, number 587.
• Esteban Rossi-Hansberg & Pierre-Daniel Sarte & Felipe Schwartzman, 2019, "Cognitive Hubs and Spatial Redistribution," NBER Working Papers, National Bureau of Economic Research, Inc, number 26267, Sep.

Report NEP-MAC-2019-09-30

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: