Report NEP-MAC-2019-10-07

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:

• Item repec:bof:bofrdp:2019_024 is not listed on IDEAS anymore

• DiGabriele, Jim & Ojo, Marianne, 2019, "The wage growth puzzle and the Philips Curve explained: recent developments," MPRA Paper, University Library of Munich, Germany, number 95110, Jul.
• Hördahl, Peter & Tristani, Oreste, 2019, "Modelling yields at the lower bound through regime shifts," Working Paper Series, European Central Bank, number 2320, Oct.
• Markus K. Brunnermeier & Harold James & Jean-Pierre Landau, 2019, "The Digitalization of Money," NBER Working Papers, National Bureau of Economic Research, Inc, number 26300, Sep.
• Kambale Kavese & Andrew Phiri, 2019, "Fiscal cyclicality in South African public expenditures: Do asymmetries explain inconsistencies?," Working Papers, Department of Economics, Nelson Mandela University, number 1909, Sep, revised Sep 2019.
• Thibaut Piquard & Dilyara Salakhova, 2019, "Secured and Unsecured Interbank Markets: Monetary Policy, Substitution and the Cost of Collateral," Working papers, Banque de France, number 730.
• Giuseppe Vitaletti, 2019, "Sraffa, saggio di interesse, sistema fiscale," Working papers, Società Italiana di Economia Pubblica, number 80, Sep.
• Povilas Lastauskas & Julius Stakenas, 2019, "Does It Matter When Labor Market Reforms Are Implemented? The Role of the Monetary Policy Environment," Bank of Lithuania Working Paper Series, Bank of Lithuania, number 66, Sep.
• Povilas Lastauskas & Julius Stakénas, 2019, "Does It Matter When Labor Market Reforms Are Implemented? The Role of the Monetary Policy Environment," CESifo Working Paper Series, CESifo, number 7844.
• Lutho Mbekeni & Andrew Phiri, 2019, "Can the South African Reserve Bank (SARB) protect the purchasing power of citizens? A new look at Fisher’s hypothesis," Working Papers, Department of Economics, Nelson Mandela University, number 1906, Sep, revised Sep 2019.
• Andrea Berardi & Michael Markovich & Alberto Plazzi & Andrea Tamoni, 2019, "Mind the (Convergence) Gap: Bond Predictability Strikes Back!," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 19-52, Sep.
• Dániel Baksa & Zsuzsa Munkácsi, 2019, "More Gray, More Volatile? Aging and (Optimal) Monetary Policy," Bank of Lithuania Working Paper Series, Bank of Lithuania, number 67, Sep.
• Mordi, Charles N. O. & Adebiyi, Michael A. & Omotosho, Babatunde S., 2019, "Modelling interest rates pass-through in Nigeria: An error correction approach with asymmetric adjustments and structural breaks," MPRA Paper, University Library of Munich, Germany, number 96171, Feb.
• Carolin Pflueger & Emil Siriwardane & Adi Sunderam, 2019, "Financial Market Risk Perceptions and the Macroeconomy," NBER Working Papers, National Bureau of Economic Research, Inc, number 26290, Sep.
• Panagiotis Konstantinou & Andromachi Partheniou, 2019, "The Effects of Government Spending Over the Business Cycle: A Disaggregated Analysis for OECD and Non-OECD Countries," DEOS Working Papers, Athens University of Economics and Business, number 1904, Sep.
• Jesús Fernández-Villaverde & Samuel Hurtado & Galo Nuño, 2019, "Financial Frictions and the Wealth Distribution," NBER Working Papers, National Bureau of Economic Research, Inc, number 26302, Sep.
• Fatih Guvenen & Gueorgui Kambourov & Burhan Kuruscu & Sergio Ocampo & Daphne Chen, 2019, "Use It or Lose It: Efficiency Gains from Wealth Taxation," Working Papers, University of Toronto, Department of Economics, number tecipa-648, Sep.
• Francesco Bianchi & Thilo Kind & Howard Kung, 2019, "Threats to Central Bank Independence: High-Frequency Identification with Twitter," NBER Working Papers, National Bureau of Economic Research, Inc, number 26308, Sep.
• Peter Andre & Carlo Pizzinelli & Christopher Roth & Johannes Wohlfart, 2019, "Subjective Models of the Macroeconomy: Evidence from Experts and Representative Samples," CESifo Working Paper Series, CESifo, number 7850.
• Christoph Görtz & Christopher Gunn & Thomas Lubik, , "What Drives Inventory Accumulation? News on Rates of Return and Marginal Costs," Carleton Economic Papers, Carleton University, Department of Economics, number 19-09.
• Christoph Gortz & Christopher Gunn & Thomas A. Lubik, 2019, "What Drives Inventory Accumulation? News on Rates of Return and Marginal Costs," Discussion Papers, Department of Economics, University of Birmingham, number 19-09, Sep.
• John V. Leahy & Aditi Thapar, 2019, "Demographic Effects on the Impact of Monetary Policy," NBER Working Papers, National Bureau of Economic Research, Inc, number 26324, Sep.
• Gu, Ran, 2019, "Specific Capital, Firm Insurance, and the Dynamics of the Postgraduate Wage Premium," MPRA Paper, University Library of Munich, Germany, number 96254, Sep.
• Aaron Mehrotra & Richhild Moessner & Chang Shu Author-X-Name_First: Chang, 2019, "Interest rate spillovers from the United States: expectations, term premia and macro-financial vulnerabilities," BIS Working Papers, Bank for International Settlements, number 814, Sep.
• Andrés Blanco & Isaac Baley, 2019, "Aggregate Dynamics in Lumpy Economies," Working Papers, Barcelona School of Economics, number 1116, Sep.
• Isaac Baley & Andrés Blanco, 2019, "Aggregate dynamics in lumpy economies," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1670, May.
• Nikolay Hristov & Markus Roth, 2019, "Uncertainty Shocks and Financial Crisis Indicators," CESifo Working Paper Series, CESifo, number 7839.
• Huw D. Dixon & Christian Grimme, 2019, "State-Dependent or Time-Dependent Pricing? New Evidence from a Monthly Firm-Level Survey: 1980-2017," CESifo Working Paper Series, CESifo, number 7842.
• Jonathan Chiu & Thorsten Koeppl, 2019, "The Economics of Cryptocurrencies—Bitcoin and Beyond," Staff Working Papers, Bank of Canada, number 19-40, Sep, DOI: 10.34989/swp-2019-40.
• Enrique G. Mendoza & Sergio Villalvazo, 2019, "FiPIt: A Simple, Fast Global Method for Solving Models with Two Endogenous States & Occasionally Binding Constraints," NBER Working Papers, National Bureau of Economic Research, Inc, number 26310, Sep.
• Mariko Hatase & Yoichi Matsubayashi, 2019, "Tax Incentives for Investment: Evidence from Japan's High-Growth Era," IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan, number 19-E-17, Sep.
• Item repec:vie:viennp:1907 is not listed on IDEAS anymore

• Karlsson, Sune & Österholm, Pär, 2019, "The Relation between the Corporate Bond-Yield Spread and the Real Economy: Stable or TimeVarying?," Working Papers, Örebro University, School of Business, number 2019:7, Sep.
• Ṣebnem Kalemli-Özcan, 2019, "U.S. Monetary Policy and International Risk Spillovers," NBER Working Papers, National Bureau of Economic Research, Inc, number 26297, Sep.
• Item repec:bof:bofrdp:2019_023 is not listed on IDEAS anymore

• Javier Bianchi & Pablo Ottonello & Ignacio Presno, 2019, "Fiscal Stimulus under Sovereign Risk," NBER Working Papers, National Bureau of Economic Research, Inc, number 26307, Sep.
• Sokbae Lee & Yuan Liao & Myung Hwan Seo & Youngki Shin, 2019, "Desperate times call for desperate measures: government spending multipliers in hard times," Department of Economics Working Papers, McMaster University, number 2019-11, Sep.
• Item repec:imf:imfscr:19/303 is not listed on IDEAS anymore

• Konstantinos Angelopoulos & Spyridon Lazarakis & Jim Malley, 2019, "The Distributional Effects of Peer and Aspirational Pressure," CESifo Working Paper Series, CESifo, number 7838.
• Mansur, Alfan & Nizar, Muhammad Afdi, 2019, "Mengukur Perkembangan Sektor Keuangan di Indonesia dan Faktor – Faktor yang Mempengaruhi
  [Assessing the Measurement and Determinants of Financial Sector Development in Indonesia]," MPRA Paper, University Library of Munich, Germany, number 96265, Sep, revised 30 Sep 2019.
• Fausto Cavalli & Ahmad Naimzada & Nicolò Pecora, 2019, "Complex interplay between monetary and fiscal policies in a real economy model," Working Papers, University of Milano-Bicocca, Department of Economics, number 409, May, revised May 2019.
• Rohan Kekre & Moritz Lenel, 2019, "Macroeconomic Policy and the Price of Risk," 2019 Meeting Papers, Society for Economic Dynamics, number 1423.
• Chaoran Chen & Diego Restuccia & Raul Santaeulalia-Llopis, 2019, "The Effects of Land Markets on Resource Allocation and Agricultural Productivity," Working Papers, University of Toronto, Department of Economics, number tecipa-649, Sep.
• Laura Coroneo & Fabrizio Iacone & Fabio Profumo, 2019, "A Real-time Density Forecast Evaluation of the ECB Survey of Professional Forecasters," Discussion Papers, Department of Economics, University of York, number 19/14, Sep.
• Rupal Kamdar, 2019, "The Inattentive Consumer: Sentiment and Expectations," 2019 Meeting Papers, Society for Economic Dynamics, number 647.
• Hutter, Christian & Klinger, Sabine & Trenkler, Carsten & Weber, Enzo, 2019, "Which factors are behind Germany's labour market upswing?," IAB-Discussion Paper, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], number 201920.
• Francesco Zanetti & Tatsushi Okuda & Tomohiro Tsuruga, 2019, "Imperfect Information, Shock Heterogeneity, and Inflation Dynamics," Economics Series Working Papers, University of Oxford, Department of Economics, number 881, Sep.
• Feng Dong & Yi Wen, 2019, "Time-Varying Networks and the Efficacy of Money Without Sticky Prices," 2019 Meeting Papers, Society for Economic Dynamics, number 1464.
• David Childers & Ross Doppelt, 2019, "Estimating Distributional Responses to Macroeconomic Shocks," 2019 Meeting Papers, Society for Economic Dynamics, number 1541.
• Bernardino Adão & Andre Silva, 2019, "Government Financing, Inflation, and the Financial Sector," 2019 Meeting Papers, Society for Economic Dynamics, number 350.
• Perekunah B. Eregha & Arcade Ndoricimpa, 2019, "Inflation, Output Growth and their Uncertainties: A Multivariate GARCH-M Modeling Evidence for Nigeria," Working Papers of the African Governance and Development Institute., African Governance and Development Institute., number 19/060, Jan.
• Item repec:imf:imfscr:19/305 is not listed on IDEAS anymore

• Pedro Henrique da Silva Castro, 2019, "Earmarked Credit and Monetary Policy Power: micro and macro considerations," Working Papers Series, Central Bank of Brazil, Research Department, number 505, Sep.
• Angelos Angelopoulos & Konstantinos Angelopoulos & Spyridon Lazarakis & Apostolis Philippopoulos, 2019, "The Distributional Consequences of Rent Seeking," CESifo Working Paper Series, CESifo, number 7835.
• Lorenzo Bretscher & Andrea Tamoni & Aytek Malkhozov, 2019, "News Shocks and Asset Prices," 2019 Meeting Papers, Society for Economic Dynamics, number 100.
• Gabriela Cugat, 2019, "Emerging markets, household heterogeneity, and exchange rate policy," 2019 Meeting Papers, Society for Economic Dynamics, number 526.
• Simone Auer & Marco Bernardini & Martina Cecioni, 2019, "Corporate Leverage and Monetary Policy Effectiveness in the Euro Area," 2019 Meeting Papers, Society for Economic Dynamics, number 1102.
• Francesco Ferrante & Matthias Paustian, 2019, "Nominal Debt and the Heterogeneous Effects of Forward Guidance," 2019 Meeting Papers, Society for Economic Dynamics, number 1256.
• Ahmad, Naimzada & Marina, Pireddu, 2019, "Eductive stability may not imply evolutionary stability in the presence of information costs," Working Papers, University of Milano-Bicocca, Department of Economics, number 406, May, revised May 2019.
• Brochier, Lidia & Freitas, Fábio, 2019, "Stock-flow ratios and the paradox of debt in canonical neo-kaleckian and supermultiplier models," MPRA Paper, University Library of Munich, Germany, number 96252, Sep.
• Fernando Martin, 2019, "How to Starve the Beast: Fiscal and Monetary Policy Rules," 2019 Meeting Papers, Society for Economic Dynamics, number 1181.
• Christian Matthes & Felipe Schwartzman, 2019, "The Demand Origins of Business Cycles," 2019 Meeting Papers, Society for Economic Dynamics, number 1122.
• Fernando Arce & Julien Bengui & Javier Bianchi, 2019, "A Macroprudential Theory of Foreign Reserve Accumulation," Staff Working Papers, Bank of Canada, number 19-43, Oct, DOI: 10.34989/swp-2019-43.
• Kozo Ueda, 2019, "Reallocation Effects of Monetary Policy," 2019 Meeting Papers, Society for Economic Dynamics, number 128.
• Nina Biljanovska & Alexandros Vardoulakis & Lucyna Gornicka, 2019, "Optimal Macroprudential Policy and Asset Price Bubbles," 2019 Meeting Papers, Society for Economic Dynamics, number 663.
• John Geanakoplos & David Rappoport, 2019, "Credit Surfaces, Economic Activity, and Monetary Policy," 2019 Meeting Papers, Society for Economic Dynamics, number 1516.
• Federico, Salvatore & Ferrari, Giorgio & Schuhmann, Patrick, 2019, "A Model for the Optimal Management of Inflation," Center for Mathematical Economics Working Papers, Center for Mathematical Economics, Bielefeld University, number 624, Sep.
• Item repec:imf:imfwpa:19/201 is not listed on IDEAS anymore

• Álvaro Chamizo & Alfonso Novales, 2019, "Looking through systemic credit risk: determinants, stress testing and market value," Documentos de Trabajo del ICAE, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico, number 2019-27, Sep.
• Miyazaki, Koichi, 2019, "Optimal paid job-protected leave policy," MPRA Paper, University Library of Munich, Germany, number 96223, Sep.
• Francesco Bianchi & Howard Kung & Mikhail Tirskikh, 2019, "The Origins and Effects of Macroeconomic Uncertainty," 2019 Meeting Papers, Society for Economic Dynamics, number 245.
• Item repec:imf:imfwpa:19/198 is not listed on IDEAS anymore

• Vincent Sterk & Wei Cui, 2019, "Quantitative Easing," 2019 Meeting Papers, Society for Economic Dynamics, number 29.
• Bindseil, Ulrich, 2019, "Early French and German central bank charts and regulations," Occasional Paper Series, European Central Bank, number 234, Sep.
• Gabriel Chodorow-Reich & Loukas Karabarbounis & Rohan Kekre, 2019, "The Macroeconomics of the Greek Depression," 2019 Meeting Papers, Society for Economic Dynamics, number 1396.
• Isaac Baley & Julio Blanco, 2019, "Aggregate Dynamics in Lumpy Economies," 2019 Meeting Papers, Society for Economic Dynamics, number 903.
• Dean Corbae & Erwan Quintin, 2019, "Asset Quality Dynamics," 2019 Meeting Papers, Society for Economic Dynamics, number 368.
• Item repec:imf:imfwpa:19/200 is not listed on IDEAS anymore

• Abdou Ndiaye, 2019, "THe Baby Boomers' Retirement and Consumption Savings Puzzle," 2019 Meeting Papers, Society for Economic Dynamics, number 711.
• Job Boerma & Loukas Karabarbounis, 2019, "Labor Market Trends and the Changing Value of Time," NBER Working Papers, National Bureau of Economic Research, Inc, number 26301, Sep.
• Si Guo & Yun Pei & Zoe Xie, 2019, "Decentralization and Overborrowing in a Fiscal Federation," 2019 Meeting Papers, Society for Economic Dynamics, number 1229.
• Ricardo Reyes-Heroles & Gabriel Tenorio, 2019, "Macroprudential Policy in the Presence of External Risks," 2019 Meeting Papers, Society for Economic Dynamics, number 1138.
• Joris Tielens, 2019, "Pipeline Pressures and Sectoral Inflation Dynamics," 2019 Meeting Papers, Society for Economic Dynamics, number 856.
• Alex Clymo, 2019, "Dispersion Over the Business Cycle: Productivity versus Demand," 2019 Meeting Papers, Society for Economic Dynamics, number 1125.
• Guimarães, Luis & Gil, Pedro, 2019, "Looking ahead at the effects of automation in an economy with matching frictions," MPRA Paper, University Library of Munich, Germany, number 96238, Sep.
• Hassan Afrouzi & Laura Veldkamp, 2019, "Biased Inflation Forecasts," 2019 Meeting Papers, Society for Economic Dynamics, number 894.
• Matteo Leombroni & Ciaran Rogers, 2019, "Heterogeneous Households and the Portfolio Rebalancing Channel of Monetary Policy," 2019 Meeting Papers, Society for Economic Dynamics, number 684.
• Karikari-Apau, Ellen & Abeti, Wilson, 2019, "The Impact of Unemployment on Economic Growth in China," MPRA Paper, University Library of Munich, Germany, number 96192, May.
• Rosati, Nicoletta & Bellia, Mario & Matos, Pedro Verga & Oliviera, Vasco, 2019, "Ratings matter: announcements in times of crisis and the dynamics of stock markets," JRC Working Papers in Economics and Finance, Joint Research Centre, European Commission, number 2019-08, Sep.
• Julian Andres VILLAMIL & Luis Felipe QUINTERO & Gustavo Adolfo HERNANDEZ-DIAZ, 2019, "La estructura sectorial de Colombia: Un análisis insumo-producto," Archivos de Economía, Departamento Nacional de Planeación, number 17505, Sep.
• Christopher Johnson, 2019, "International Shadow Banking and Macroprudential Policy," 2019 Meeting Papers, Society for Economic Dynamics, number 780.
• Lukasz Drozd & Michal Kowalik, 2019, "Credit Cards and the Great Recession: The Collapse of Teasers," 2019 Meeting Papers, Society for Economic Dynamics, number 1047.
• Item repec:imf:imfwpa:19/202 is not listed on IDEAS anymore

• Zheng Liu & Pengfei Wang & Tao Zha, 2019, "A Theory of Housing Demand Shocks," 2019 Meeting Papers, Society for Economic Dynamics, number 78.
• Jaylson Jair da Silveira & Gilberto Tadeu Lima, 2019, "Can Workers' Increased Pessimism about the Labor Market Conditions Raise Unemployment?," Working Papers, Department of Economics, University of São Paulo (FEA-USP), number 2019_38, Sep.
• Fernando M. Aragon Sanchez & Diego Restuccia & Juan Pablo Rud, 2019, "Are Small Farms Really more Productive than Large Farms?," NBER Working Papers, National Bureau of Economic Research, Inc, number 26331, Sep.
• Ufuk Akcigit & Sina T. Ates, 2019, "What Happened to U.S. Business Dynamism?," CESifo Working Paper Series, CESifo, number 7854.
• João Carlos Lopes & José Carlos Coelho & Vítor Escária, 2019, "Labour Productivity, Wages and the Functional Distribution of Income in Portugal: A Sectoral Approach," Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa, number 2019/91, Sep.
• Javier Cravino & Andrei A. Levchenko & Marco Rojas, 2019, "Population Aging and Structural Transformation," NBER Working Papers, National Bureau of Economic Research, Inc, number 26327, Sep.
• Phuong Le & Cuong Le Van & Anh Ngoc Nguyen & Ngoc Minh Nguyen & Phu Nguyen-Van & Dinh-Tri Vo, 2019, "Some Issues on the Vietnam Economic Growth. (Part of this manuscript, circulated as Le-Van C., Nguyen N.A., Nguyen N.M., Nguyen-Van P. (2023), "Capital diversion in Vietnamese state-owned enterpr," Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg, number 2019-36.
• Narula, Rajneesh, 2019, "Enforcing higher labour standards within developing country value chains: Consequences for MNEs and informal actors in a dual economy," MERIT Working Papers, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT), number 2019-034, Sep.
• Julian Andres VILLAMIL & Luis Felipe QUINTERO & Gustavo Adolfo HERNANDEZ-DIAZ, 2019, "Generación de empleos y clústeres," Archivos de Economía, Departamento Nacional de Planeación, number 17506, Sep.
• Parantap Basu & Tooraj Jamasb, 2019, "On Green Growth with Sustainable Capital," Department of Economics Working Papers, Durham University, Department of Economics, number 2019_06, Jun.
• Bichler, Shimshon & Nitzan, Jonathan, 2019, "Making America Great Again," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 204466.
• Ufuk Akcigit & Sina T. Ates, 2019, "Ten Facts on Declining Business Dynamism and Lessons from Endogenous Growth Theory," CESifo Working Paper Series, CESifo, number 7849.
• Charles I. Jones & Christopher Tonetti, 2019, "Nonrivalry and the Economics of Data," NBER Working Papers, National Bureau of Economic Research, Inc, number 26260, Sep.
• Fernando Aragon, Diego Restuccia, Juan Pablo Rud & Diego Restuccia & Juan Pablo Rud, 2019, "Are small farms really more productive than large farms?," Discussion Papers, Department of Economics, Simon Fraser University, number dp19-05, Sep.
• Fernando Aragon & Diego Restuccia & Juan Pablo Rud, 2019, "Are Small Farms Really more Productive than Large Farms?," Working Papers, University of Toronto, Department of Economics, number tecipa-647, Sep.

Report NEP-MAC-2019-10-07

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: