Report NEP-MAC-2020-01-27

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:

• Patrick J. Kehoe & Pierlauro Lopez & Virgiliu Midrigan & Elena Pastorino, 2019, "Asset Prices and Unemployment Fluctuations," NBER Working Papers, National Bureau of Economic Research, Inc, number 26580, Dec.
• Bossone, Biagio & Cuccia, Andrea, 2020, "The portfolio theory of inflation and policy (in)effectiveness revisited: Corroborating evidence," Economics Discussion Papers, Kiel Institute for the World Economy, number 2020-2.
• William Chen & Gregory Phelan, 2020, "Should Monetary Policy Target Financial Stability?," Department of Economics Working Papers, Department of Economics, Williams College, number 2020-01, Jan.
• Òscar Jordà & Sanjay R. Singh & Alan M. Taylor, 2020, "The Long-Run Effects of Monetary Policy," Working Paper Series, Federal Reserve Bank of San Francisco, number 2020-01, Jan, DOI: 10.24148/wp2020-01.
• Piotr Zoch, 2019, "Macroprudential and monetary policy rules in a model with collateral constraints," GRAPE Working Papers, GRAPE Group for Research in Applied Economics, number 37.
• Item repec:spo:wpmain:info:hdl:2441/1p3k1810c89k3b4gg6n2nuc0m4 is not listed on IDEAS anymore

• Liang Wang & Randall Wright & Lucy Qian Liu, 2020, "Sticky Prices and Costly Credit," Working Papers, University of Hawaii at Manoa, Department of Economics, number 202001, Jan.
• Victor Pontines, 2020, "The real effects of loan-to-value limits: Empirical evidence from Korea," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2020-02, Jan.
• Javier Andrés & Pablo Burriel & Wenyi Shen, 2020, "Debt sustainability and fiscal space in a heterogeneous Monetary Union: normal times vs the zero lower bound," Working Papers, Banco de España, number 2001, Jan.
• Herkenhoff, Kyle & Raveendranathan, Gajendran, 2019, "Who Bears the Welfare Costs of Monopoly? The Case of the Credit Card Industry," IZA Discussion Papers, IZA Network @ LISER, number 12836, Dec.
• Michal Hlavacek & Ilgar Ismayilov & Ayaz Zeynalov, 2020, "Reassessment of the Fiscal Multiplier in Developing Countries: Regime-Switching Model," Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, number 2020/4, Apr, revised Apr 2020.
• Ales Bulir & Jan Vlcek, 2019, "Monetary Policy Is Not Always Systematic and Data-Driven: Evidence from the Yield Curve," Working Papers, Czech National Bank, Research and Statistics Department, number 2019/3, Sep.
• Lucio Gobbi & Ronny Mazzocchi & Roberto Tamborini, 2019, "Monetary Policy, rational confidence, and Neo- Fisherian depressions," DEM Working Papers, Department of Economics and Management, number 2019/19.
• Tripathi, Sabyasachi, 2019, "Macroeconomic Determinants of Housing Prices: A Cross Country Level Analysis," MPRA Paper, University Library of Munich, Germany, number 98089, Nov.
• Jesus Felipe & John McCombie, 2019, "The Illusions of Calculating Total Factor Productivity and Testing Growth Models: From Cobb–Douglas to Solow and Romer," ADB Economics Working Paper Series, Asian Development Bank, number 596, Oct.
• Joshua Aizenman & Yothin Jinjarak & Hien Thi Kim Nguyen & Donghyun Park, 2019, "Fiscal Space and Increasing Fiscal Resilience," ADB Economics Working Paper Series, Asian Development Bank, number 582, May.
• Cummins, Matthew, 2019, "The Macroeconomic and Social Investment Outlook for Children in Eastern and Southern Africa," MPRA Paper, University Library of Munich, Germany, number 97734.
• Gu, Ran, 2019, "Specific Human Capital and Real Wage Cyclicality: An Application to Postgraduate Wage Premium," MPRA Paper, University Library of Munich, Germany, number 98027, Dec.
• Demir, Ishak & Eroglu, Burak A. & Yildirim-Karaman, Secil, 2021, "Heterogeneous effects of unconventional monetary policy on bond yields across the euro area," LEAF Working Paper Series, University of Lincoln, Lincoln International Business School, Lincoln Economics and Finance Research Group (LEAF), number 19-06, revised 2021.
• Nuno Cassola & Christoffer Kok & Francesco Paolo Mongelli, 2019, "The ECB after the crisis: existing synergies among monetary policy, macroprudential policies and banking supervision," Working Papers, University of Milano-Bicocca, Department of Economics, number 424, Dec, revised Dec 2019.
• Item repec:spo:wpmain:info:hdl:2441/hiaqa97n684boj041a440irqd is not listed on IDEAS anymore

• Donghyun Park & Kwanho Shin & Shu Tian, 2019, "Debt and Depth of Recessions," ADB Economics Working Paper Series, Asian Development Bank, number 579, Apr.
• Tanweer Akram & Anupam Das, 2020, "The Empirics of Canadian Government Securities Yields," Economics Working Paper Archive, Levy Economics Institute, number wp_944, Jan.
• Szilard Benk & Max Gillman, 2019, "Granger Predictability of Oil Prices after the Great Recession," CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague, number wp650, Dec.
• Item repec:imf:imfscr:19/381 is not listed on IDEAS anymore

• Selien De Schryder & Frederic Opitz, 2019, "Macroprudential policy and its impact on the Credit Cycle," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium, Ghent University, Faculty of Economics and Business Administration, number 19/990, Dec.
• Bruce Preston, 2020, "The case for reform of the RBA's policy and communication strategy," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2020-03, Jan.
• Cláudia Duarte & José R. Maria & Sharmin Sazedj, 2019, "Trends and cycles under changing economic conditions," Working Papers, Banco de Portugal, Economics and Research Department, number w201918.
• Soyoung Kim, 2019, "Macroprudential Policy in Asian Economies," ADB Economics Working Paper Series, Asian Development Bank, number 577, Apr.
• Davide Debortoli & Ricardo Nunes & Pierre Yared, 2019, "Optimal fiscal policy without commitment: Revisiting Lucas-Stokey," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1687, Feb, revised Sep 2020.
• Item repec:imf:imfscr:19/372 is not listed on IDEAS anymore

• Item repec:imf:imfscr:19/389 is not listed on IDEAS anymore

• Ila Patnaik & Madhavi Pundit, 2019, "Financial Shocks and Exchange Market Pressure," ADB Economics Working Paper Series, Asian Development Bank, number 581, May.
• Zhifeng Cai, 2020, "Secular Stagnation, Financial Frictions, and Land Prices," Departmental Working Papers, Rutgers University, Department of Economics, number 202001, Jan.
• Makoto Nakajima, 2020, "Capital Income Taxation with Housing," Working Papers, Federal Reserve Bank of Philadelphia, number 20-02, Jan, DOI: 10.21799/frbp.wp.2020.02.
• Ernesto Pasten & Raphael Schoenle & Michael Weber, 2020, "Price Rigidity and the Granular Origins of Aggregate Fluctuations," Working Papers Central Bank of Chile, Central Bank of Chile, number 864, Jan.
• Andrea Carriero & Todd E. Clark & Massimiliano Marcellino, 2020, "Capturing Macroeconomic Tail Risks with Bayesian Vector Autoregressions," Working Papers, Federal Reserve Bank of Cleveland, number 20-02R, Jan, revised 22 Sep 2020, DOI: 10.26509/frbc-wp-202002r.
• Igor Ljubaj, 2020, "International Reserves, Exchange Rate Differences and the CNB’s Financial Result," Surveys, The Croatian National Bank, Croatia, number 38, Jan.
• Régis Barnichon & Davide Debortoli & Christian Matthes, 2019, "Understanding the size of the government spending multiplier: It’s in the sign," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1688, Feb, revised Sep 2020.
• Hansen, Stephen & McMahon, Michael & Tong, Matthew, 2020, "The long-run information effect of central bank communication," Working Paper Series, European Central Bank, number 2363, Jan.
• Item repec:imf:imfscr:19/383 is not listed on IDEAS anymore

• Zhang, Lu, 2019, "Q-factors and Investment CAPM," Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics, number 2019-30, Dec.
• Patrick T. Harker, 2020, "Monetary Policy Normalization: Low Interest Rates and the New Normal," Speech, Federal Reserve Bank of Philadelphia, number 87370, Jan.
• Item repec:spo:wpmain:info:hdl:2441/5vh68vsbm9akb9r0rkcdi4tmi is not listed on IDEAS anymore

• Ettore Panetti & Edoardo M. Acabbi, 2019, "The Financial Channels of Labor Rigidities: Evidence from Portugal," Working Papers, Banco de Portugal, Economics and Research Department, number w201915.
• Item repec:imf:imfscr:19/375 is not listed on IDEAS anymore

• Vugar Rahimov & Nijat Guliyev & Vugar Ahmadov, 2020, "Modeling Azerbaijan’s Inflation and Output Using a Factor-Augmented Vector Autoregressive (FAVAR) Model," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 01-2020, Jan.
• Item repec:imf:imfscr:19/384 is not listed on IDEAS anymore

• Miroudot, Sébastien & ye, ming, 2018, "Tracing value-added and double counting in sales of foreign affiliates and domestic-owned companies," MPRA Paper, University Library of Munich, Germany, number 97632, Mar.
• Samba Diop & Simplice A. Asongu, 2020, "An Index of African Monetary Integration (IAMI)," Working Papers, European Xtramile Centre of African Studies (EXCAS), number 20/003, Jan.
• Item repec:imf:imfscr:19/394 is not listed on IDEAS anymore

• Item repec:imf:imfscr:19/388 is not listed on IDEAS anymore

• Flores Zendejas, Juan & Lopez Soto, David & Sanchez Amador, David, 2020, "New paradigms and old promises: central banks and the market for sovereign debt in the interwar period," Working Papers, University of Geneva, Paul Bairoch Institute of Economic History, number unige:129346.
• Item repec:imf:imfscr:19/380 is not listed on IDEAS anymore

• Daniel A. Dias, 2019, "From Micro to Macro: A Note on the Analysis of Aggregate Productivity Dynamics Using Firm-Level Data," Working Papers, Banco de Portugal, Economics and Research Department, number w201920.
• Item repec:imf:imfscr:19/391 is not listed on IDEAS anymore

• Item repec:imf:imfwpa:19/285 is not listed on IDEAS anymore

• Ayoki, Milton, 2020, "The employment effects of trade policy reform in Myanmar," MPRA Paper, University Library of Munich, Germany, number 98090, Jan.
• Alvaro Aguirre, 2020, "Welfare Effects of Fiscal Procyclicality: Public Insurance with Heterogeneous Agents," Working Papers Central Bank of Chile, Central Bank of Chile, number 863, Jan.
• Max Gillman, 2019, "A Human Capital Theory of Structural Transformation," CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague, number wp648, Dec.
• Julien Albertini & Xavier Fairise & Anthony Terriau, 2020, "Health, wealth, and informality over the life cycle," Working Papers, Groupe d'Analyse et de Théorie Economique Lyon St-Etienne (GATE Lyon St-Etienne), Université de Lyon, number 2001.
• Claudio, João C. & Heinisch, Katja & Holtemöller, Oliver, 2019, "Nowcasting East German GDP growth: A MIDAS approach," IWH Discussion Papers, Halle Institute for Economic Research (IWH), number 24/2019.
• Ángel Estrada & Luis Guirola & Iván Kataryniuk & Jaime Martínez-Martín, 2020, "The use of BVARs in the analysis of emerging economies," Occasional Papers, Banco de España, number 2001, Jan.
• Horioka, Charles Yuji & Niimi, Yoko, 2020, "Was the Expansion of Housing Credit in Japan Good or Bad?," AGI Working Paper Series, Asian Growth Research Institute, number 2020-01, Jan.
• Каморников, Сергей & Шалупаева, Наталья, 2019, "Экспериментальное Моделирование Зависимости Экспорта Товаров Республики Беларусь От Привлеченных Прямых Иностранных Инвестиций
  [Experimental modeling of export dependence of goods Republic of Belarus from attracting foreign investment]," MPRA Paper, University Library of Munich, Germany, number 97689.
• Caterina Forti Grazzini & Chi Hyun Kim, 2020, "Is Monetary Policy Gender Neutral? Evidence from the Stock Market," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1841.
• Martin Hodula, 2019, "Monetary Policy and Shadow Banking: Trapped between a Rock and a Hard Place," Working Papers, Czech National Bank, Research and Statistics Department, number 2019/5, Dec.
• Item repec:imf:imfscr:19/370 is not listed on IDEAS anymore

• Item repec:imf:imfscr:19/377 is not listed on IDEAS anymore

• Andreeva, Desislava & García-Posada, Miguel, 2020, "The impact of the ECB’s targeted long-term refinancing operations on banks’ lending policies: the role of competition," Working Paper Series, European Central Bank, number 2364, Jan.
• Maletic, M., 2020, "Essays on international finance and empirical asset pricing," Other publications TiSEM, Tilburg University, School of Economics and Management, number 5888b491-8c83-4628-9175-d.
• Nathaniel Frentz & Jaeger Nelson & Dan Ready & John Seliski, 2020, "A Simplified Model of How Macroeconomic Changes Affect the Federal Budget: Working Paper 2020-01," Working Papers, Congressional Budget Office, number 55884, Jan.
• Fenoaltea, Stefano, 2020, "Reconstructing The Past: The Measurement Of Aggregate Product," MPRA Paper, University Library of Munich, Germany, number 97042, Jan.
• Item repec:imf:imfscr:19/398 is not listed on IDEAS anymore

• Item repec:imf:imfscr:19/393 is not listed on IDEAS anymore

• Item repec:imf:imfscr:19/395 is not listed on IDEAS anymore

• Liu, Chuan & Saam, Marianne, 2019, "ICT and productivity growth within value chains," Ruhr Economic Papers, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen, number 828, DOI: 10.4419/86788961.
• Wang, Jianfu, 2018, "Commodity Trade Finance Platform using Distributed Ledger Technology: Token Economics in a Closed Ecosystem using Agent Based Modeling," OSF Preprints, Center for Open Science, number 4yb26, Apr, DOI: 10.31219/osf.io/4yb26.
• María BASTIDA & Ana OLVEIRA, 2019, "La Red Eusumo: instrumento público al servicio los ODS en Galicia," CIRIEC Working Papers, CIRIEC - Université de Liège, number 1929.
• Omarova, Saule T. & Library, Cornell, 2018, "Central Banks, Systemic Risk and Financial Sector Structural Reform," LawRxiv, Center for Open Science, number hy8gt, Jan, DOI: 10.31219/osf.io/hy8gt.
• Item repec:imf:imfscr:19/371 is not listed on IDEAS anymore

• Felipe Leal & Carlos Molina & Eduardo Zilberman, 2020, "Proyección de la Inflación en Chile con Métodos de Machine Learning," Working Papers Central Bank of Chile, Central Bank of Chile, number 860, Jan.
• Item repec:imf:imfscr:19/385 is not listed on IDEAS anymore

• Philip Arestis & Jesus Ferreiro & Carmen Gómez, 2020, "Quality of Employment and Employment Protection. Effects of Employment Protection on Temporary and Permanent Employment," Working Papers, ASTRIL - Associazione Studi e Ricerche Interdisciplinari sul Lavoro, number 0048, Jan.
• Dimitri B. Papadimitriou & Michalis Nikiforos & Gennaro Zezza, 2020, "Prospects and Challenges for the US Economy: 2020 and Beyond," Economics Strategic Analysis Archive, Levy Economics Institute, number sa_jan_20, Jan.
• Gergely Ganics & Barbara Rossi & Tatevik Sekhposyan, 2019, "From fixed-event to fixed-horizon density forecasts: Obtaining measures of multi-horizon uncertainty from survey density forecasts," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1689, Dec.
• Item repec:imf:imfscr:19/376 is not listed on IDEAS anymore

• Ahmad Zafarullah Abdul Jalil & Mukaramah Harun & Siti Hadijah Che Mat, 2020, "Macroeconomic Instability And Fiscal Decentralization: An Empirical Analysis," Papers, arXiv.org, number 2001.03486, Jan.
• Item repec:imf:imfscr:19/387 is not listed on IDEAS anymore

• Mathieu Simoens & Rudi Vander Vennet, 2019, "Bank performance in Europe and the US: a divergence in market-to-book ratios," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium, Ghent University, Faculty of Economics and Business Administration, number 19/988, Dec.
• Item repec:imf:imfwpa:19/281 is not listed on IDEAS anymore

• Item repec:imf:imfscr:19/399 is not listed on IDEAS anymore

• Petr Hanzlík & Petr Teplý, 2020, "Institutional and Other Determinants of the Net Interest Margin of US and European Banks in a Low Interest Rate Environment," Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, number 2020/3, Jan, revised Jan 2020.
• Röhl, Klaus-Heiner, 2020, "Bürokratieabbau und bessere Rechtsetzung: Wer macht was in EU, Bund und Ländern?," IW policy papers, Institut der deutschen Wirtschaft (IW) / German Economic Institute, number 1/2020.
• Luigi Mittone & Matteo Tomaselli, 2019, "Economic Growth and Public Debt: An Experimental Approach in Search of a Confidence Channel," DEM Working Papers, Department of Economics and Management, number 2019/18.
• Colavecchio, Roberta & Rubene, Ieva, 2020, "Non-linear exchange rate pass-through to euro area inflation: a local projection approach," Working Paper Series, European Central Bank, number 2362, Jan.
• Alvaro Aguirre, 2020, "Unequal Political Business Cycles: Inequality, Policy Uncertainty and the Macroeconomy," Working Papers Central Bank of Chile, Central Bank of Chile, number 861, Jan.
• Aginta, Harry & Soraya, Debby A & Santoso, Wahyu B, 2018, "Financial Development and Income Inequality in Indonesia: A Sub-national Level Analysis," MPRA Paper, University Library of Munich, Germany, number 97655, Dec.
• Item repec:imf:imfscr:19/400 is not listed on IDEAS anymore

• Jungbin Hwang & Byunghoon Kang & Seojeong Lee, 2019, "A Doubly Corrected Robust Variance Estimator for Linear GMM," Discussion Papers, School of Economics, The University of New South Wales, number 2019-08, Aug.
• Cozzi, Guido & Galli, Silvia, 2019, "Counting innovations: Schumpeterian growth in discrete time," MPRA Paper, University Library of Munich, Germany, number 97364.
• Jean-Sébastien Fontaine & Adrian Walton, 2020, "Contagion in Dealer Networks," Staff Working Papers, Bank of Canada, number 20-1, Jan, DOI: 10.34989/swp-2020-1.
• César Girlado, 2020, "Trabajo y economía popular," Documentos de Trabajo, Escuela de Economía, Universidad Nacional de Colombia, FCE, CID, number 17781, Jan.
• Simplice A. Asongu & Joseph Nnanna & Paul N. Acha-Anyi, 2020, "On the Simultaneous Openness Hypothesis: FDI, Trade and TFP Dynamics in Sub-Saharan Africa," Working Papers, European Xtramile Centre of African Studies (EXCAS), number 20/001, Jan.

Report NEP-MAC-2020-01-27

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: