Report NEP-MAC-2020-03-30

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:

• Gerke, Rafael & Giesen, Sebastian & Scheer, F. Alexander, 2020, "The power of forward guidance in a quantitative TANK model," Discussion Papers, Deutsche Bundesbank, number 03/2020.
• Vasily Astrov & Alexandra Bykova & Rumen Dobrinsky & Richard Grieveson & Julia Grübler & Doris Hanzl-Weiss & Gabor Hunya & Sebastian Leitner & Isilda Mara & Olga Pindyuk & Leon Podkaminer & Sandor Ric, 2020, "Uncertainty in Turbulent Times," wiiw Forecast Reports, The Vienna Institute for International Economic Studies, wiiw, number Spring2020, Mar.
• Luca Riccetti & Alberto Russo & Mauro Gallegati, 2020, "Firm-bank credit network, business cycle and macroprudential policy," Working Papers, Economics Department, Universitat Jaume I, Castellón (Spain), number 2020/16.
• Morita, Hiroshi, 2020, "Empirical Analysis on the Effects of Japanese Fiscal Policy under the Effective Lower Bound," Discussion paper series, Hitotsubashi Institute for Advanced Study, Hitotsubashi University, number HIAS-E-97, Mar.
• Reichlin, Lucrezia & Ricco, Giovanni & Hasenzagl, Thomas, 2020, "Financial variables as predictors of real growth vulnerability," Discussion Papers, Deutsche Bundesbank, number 05/2020.
• Frederico Silva Leal, 2020, "Political Budget Cycles in the Eurozone," Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa, number 2020/0120, Mar.
• Sangyup Choi & Myungkyu Shim, 2020, "Labor Market Dynamics under Technology Shocks: The Role of Subsistence Consumption," GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit, number GRU_2020_002, Mar.
• Vladimir Smirnyagin, 2020, "Compositional Nature of Firm Growth and Aggregate Fluctuations," Working Papers, Center for Economic Studies, U.S. Census Bureau, number 20-09, Mar.
• Thomas R. Cook & Taeyoung Doh, 2019, "Assessing Macroeconomic Tail Risks in a Data-Rich Environment," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 19-12, Nov, DOI: 10.18651/RWP2019-12.
• Gale, William G., 2019, "Fiscal policy with high debt and low interest rates," MPRA Paper, University Library of Munich, Germany, number 99207, Dec.
• Klaus Adam & Michael Woodford, 2020, "Robustly Optimal Monetary Policy in a New Keynesian Model with Housing," CESifo Working Paper Series, CESifo, number 8127.
• Ermanno Catullo & Mauro Gallegati & Alberto Russo, 2020, "Forecasting in a complex environment: Machine learning sales expectations in a Stock Flow Consistent Agent-Based simulation model," Working Papers, Economics Department, Universitat Jaume I, Castellón (Spain), number 2020/17.
• Bomin Jiang & Roberto Rigobon & Munther A. Dahleh, 2020, "Contingent Linear Financial Networks," NBER Working Papers, National Bureau of Economic Research, Inc, number 26814, Mar.
• Nauro F Campos & Corrado Macchiarelli, 2020, "Brexit and the Euro," National Institute of Economic and Social Research (NIESR) Discussion Papers, National Institute of Economic and Social Research, number 512, Mar.
• Danial Lashkari & Arthur Bauer & Jocelyn Boussard, 2019, "Information Technology and Returns to Scale," Working papers, Banque de France, number 737.
• Kuk Mo Jung & Ju Hyun Pyun, 2020, "A Long-Run Approach to Money, Unemployment and Equity Prices," Working Papers, Nam Duck-Woo Economic Research Institute, Sogang University (Former Research Institute for Market Economy), number 2001.
• Sangyup Choi & Junhyeok Shin, 2020, "Brave New World? Bitcoin is not the New Gold: Understanding Cryptocurrency Price Dynamics," Working papers, Yonsei University, Yonsei Economics Research Institute, number 2020rwp-167, Feb.
• Klaus Adam & Michael Woodford, 2020, "Robustly Optimal Monetary Policy in a New Keynesian Model with Housing," NBER Working Papers, National Bureau of Economic Research, Inc, number 26833, Mar.
• Melanie Klein, 2020, "Implications of negative interest rates for the net interest margin and lending of euro area banks," BIS Working Papers, Bank for International Settlements, number 848, Mar.
• Richard K. Crump & Stefano Eusepi, 2016, "Fundamental Disagreement: How Much and Why?," Liberty Street Economics, Federal Reserve Bank of New York, number 20160113, Jan.
• Kiss, Tamás & Österholm, Pär, 2020, "Corona, Crisis and Conditional Heteroscedasticity," Working Papers, Örebro University, School of Business, number 2020:2, Mar.
• Philip Gunby & Stephen Hickson, 2020, "Cashless Economies, Data Analysis, and Research-Based Teaching: The Versatility of the Velocity of Money for Teaching Macroeconomics," Working Papers in Economics, University of Canterbury, Department of Economics and Finance, number 20/07, Mar.
• Crowley, Patrick M. & Hudgins, David, 2020, "How effective is the Taylor rule? Some insights from the time-frequency domain," BoF Economics Review, Bank of Finland, number 1/2020.
• Jonathan McCarthy, 2012, "Household Services Expenditures: An Update," Liberty Street Economics, Federal Reserve Bank of New York, number 20121126, Nov.
• Matthieu Lemoine & Harri Turunen & Mohammed Chahad & Antoine Lepetit & Anastasia Zhutova & Pierre Aldama & Pierrick Clerc & Jean-Pierre Laffargue, 2019, "The FR-BDF Model and an Assessment of Monetary Policy Transmission in France," Working papers, Banque de France, number 736.
• Jan J. J. Groen, 2014, "Forecasting Inflation with Fundamentals . . . It's Hard!," Liberty Street Economics, Federal Reserve Bank of New York, number 20141105, Nov.
• Weifeng Liu & Phitawat Poonpolkul, 2020, "Demographic impacts on life cycle portfolios and financial market structures," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2020-20, Mar.
• Xiaoqing Zhou, 2020, "A Quantitative Evaluation of the Housing Provident Fund Program in China," Working Papers, Federal Reserve Bank of Dallas, number 2008, Mar, DOI: 10.24149/wp2008.
• Lis, Eliza & Nickel, Christiane & Papetti, Andrea, 2020, "Demographics and inflation in the euro area: a two-sector new Keynesian perspective," Working Paper Series, European Central Bank, number 2382, Mar.
• Takahiro Hattori & Jiro Yoshida, 2020, "The Bank of Japan as a Real Estate Tycoon: Large-Scale REIT Purchases," GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit, number GRU_2020_003, Mar.
• Gregor Semieniuk & Emanuele Campiglio & Jean-Francois Mercure & Ulrich Volz & Neil R. Edwards, 2020, "Low-carbon transition risks for finance," Working Papers, Department of Economics, SOAS University of London, UK, number 233, Mar.
• Daniela V. Guío-Martínez & Juan J. Ospina-Tejeiro & Germán A. Muñoz-Bravo & Julián A. Parra-Polanía, 2020, "Descripción de las Minutas e Informes de Política Monetaria a partir de herramientas de Lingüística Computacional," Borradores de Economia, Banco de la Republica de Colombia, number 1108, Mar, DOI: https://doi.org/10.32468/be.1108.
• Heise, Arne, 2019, "Postkeynesianismus Ein heterodoxer Ansatz auf der Suche nach einer Fundierung
  [Post Keynesianism - A heterodox Approach in Search of First Principles]," MPRA Paper, University Library of Munich, Germany, number 98488, Apr.
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• Gregora,Jiri & Melecky,Ales & Melecky,Martin, 2019, "Interest Rate Pass-Through : A Meta-Analysis of the Literature," Policy Research Working Paper Series, The World Bank, number 8713, Jan.
• Sri Kurniawati, 2019, "Sigma Convergence and VECM Approach in Explaining the Relationship among Macro Variables in Indonesia," GATR Journals, Global Academy of Training and Research (GATR) Enterprise, number jber181, Dec.
• Chaoran Chen & Diego Restuccia & Raul Santaeulalia-Llopis, 2020, "The Effects of Land Markets on Resource Allocation and Agricultural Productivity," Working Papers, University of Toronto, Department of Economics, number tecipa-661, Mar.
• Marco Del Negro & Marc Giannoni & Christina Patterson, 2013, "The Macroeconomic Effects of Forward Guidance," Liberty Street Economics, Federal Reserve Bank of New York, number 20130225, Feb.
• Item repec:imf:imfscr:20/57 is not listed on IDEAS anymore

• Diego Restuccia & Chaoran Chen & Raul Santaeulalia-Llopis, 2020, "The Effects of Land Markets on Resource Allocation and Agricultural Productivity," Working Papers, University of Toronto, Department of Economics, number tecipa-660, Mar.
• Roth, Markus, 2020, "Partial pooling with cross-country priors: An application to house price shocks," Discussion Papers, Deutsche Bundesbank, number 06/2020.
• Martijn A. Boermans & John D. Burger, 2020, "Fickle Emerging Market Flows, Stable Euros, and the Dollar Risk Factor," Working Papers, DNB, number 676, Mar.
• Miguel Faria-e-Castro, 2020, "Fiscal Policy during a Pandemic," Working Papers, Federal Reserve Bank of St. Louis, number 2020-006, Mar, revised Feb 2021, DOI: 10.20955/wp.2020.006.
• Matthew Plosser, 2014, "What Do Banks Do with All That \\"Fracking\\" Money?," Liberty Street Economics, Federal Reserve Bank of New York, number 20141201, Dec.
• Anne Duquerroy, 2019, "The Real Effects of Checks and Balances: Policy Uncertainty and Corporate Investment," Working papers, Banque de France, number 735.
• Francesco D'Acunto & Thomas Rauter & Christoph Scheuch & Michael Weber & Michael Weber, 2020, "Perceived Precautionary Savings Motives: Evidence from FinTech," CESifo Working Paper Series, CESifo, number 8123.
• José Carlos Coelho, 2020, "A new assessment of the Troika ´s economic policy for Portugal in 2012 following an Input-Output approach," Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa, number 2020/0121, Mar.
• Jonathan McCarthy, 2011, "How Much Will the Rise in Commodity Prices Reduce Discretionary Income?," Liberty Street Economics, Federal Reserve Bank of New York, number 20110323, Mar.
• Inderst, Georg, 2020, "Social Infrastructure Finance and Institutional Investors. A Global Perspective," MPRA Paper, University Library of Munich, Germany, number 99239, Mar.
• Edge, Rochelle M. & Liang, Jean Nellie, 2020, "Financial stability committees and the countercyclical capital buffer," Discussion Papers, Deutsche Bundesbank, number 04/2020.
• Item repec:imf:imfscr:20/70 is not listed on IDEAS anymore

• Item repec:imf:imfscr:20/49 is not listed on IDEAS anymore

• Galdo, Virgilio & Lopez-Acevedo, Gladys & Rama, Martin, 2020, "Conflict and the Composition of Economic Activity in Afghanistan," IZA Policy Papers, Institute of Labor Economics (IZA), number 153, Mar.
• Saroj Bhattarai & Konstantin Kucheryavyy, 2020, "A Unified Model of International Business Cycles and Trade," CESifo Working Paper Series, CESifo, number 8130.
• Linda S. Goldberg, 2013, "What’s News?," Liberty Street Economics, Federal Reserve Bank of New York, number 20131007, Oct.
• Guillaume Delalande & Cécile Sangaré & Friederike Rühmann & Julia Benn, 2020, "Burkina Faso’s Perspective on Total Official Support for Sustainable Development (TOSSD)," OECD Development Co-operation Working Papers, OECD Publishing, number 69, Mar, DOI: 10.1787/cf997851-en.
• Stephan Luck & Tom Zimmermann, 2019, "Ten years later – Did QE work?," Liberty Street Economics, Federal Reserve Bank of New York, number 20190508, May.
• Dean Corbae & Pablo D'Erasmo, 2020, "Rising Bank Concentration," NBER Working Papers, National Bureau of Economic Research, Inc, number 26838, Mar.
• Raphael Galvao & Felipe Shalders, 2020, "Rules versus Discretion in Central Bank Communication," Working Papers, Department of Economics, University of São Paulo (FEA-USP), number 2020_02, Mar.
• Garibaldi, Pietro & Gomes, Pedro Maia & Sopraseuth, Thepthida, 2020, "Output Costs of Education and Skill Mismatch," IZA Discussion Papers, Institute of Labor Economics (IZA), number 12974, Feb.
• Fernando M. Duarte & Carlo Rosa, 2013, "A Way With Words: The Economics of the Fed’s Press Conference," Liberty Street Economics, Federal Reserve Bank of New York, number 20131125, Nov.
• Jonathan McCarthy, 2018, "What About Spending on Consumer Goods?," Liberty Street Economics, Federal Reserve Bank of New York, number 20180116, Jan.
• Item repec:imf:imfscr:20/64 is not listed on IDEAS anymore

• Walter Engert & Ben Fung, 2020, "A Uniform Currency in a Cashless Economy," Staff Analytical Notes, Bank of Canada, number 2020-7, Mar, DOI: 10.34989/san-2020-7.
• Bachmair,Fritz Florian & Aslan,Cigdem & Maseko,Mkhulu, 2019, "Managing South Africa's Exposure to Eskom : How to Evaluate the Credit Risk from the Sovereign Guarantees?," Policy Research Working Paper Series, The World Bank, number 8703, Jan.
• Maurizio Bussolo & Daniele Checchi & Vito Peragine, 2020, "Long-Term Evolution of Inequality of Opportunity," Working Papers, ECINEQ, Society for the Study of Economic Inequality, number 529, Mar.
• Jose Carreno, 2020, "Housing Booms and the U.S. Productivity Puzzle," Working Papers, Center for Economic Studies, U.S. Census Bureau, number 20-04, Jan.
• Maruyama, Yuuki, 2020, "A Model of Monetary Transmission Mechanism," SocArXiv, Center for Open Science, number hm9jn, Mar, DOI: 10.31219/osf.io/hm9jn.
• Jonathan McCarthy, 2011, "Lower Income Households’ Vulnerability to the Recent Commodity Price Surge," Liberty Street Economics, Federal Reserve Bank of New York, number 20110613, Jun.
• Alexandre Ounnas, 2020, "Job Polarization and the Labor Market: A Worker Flow Analysis," LIDAM Discussion Papers IRES, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES), number 2020010, Feb.
• Item repec:imf:imfscr:20/59 is not listed on IDEAS anymore

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• Qingyuan Du & Jun Nie & Shang-Jin Wei, 2019, "Labor Market Institutions and the Effects of Financial Openness," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 19-11, Nov, revised 03 Feb 2020, DOI: 10.18651/RWP2019-11.
• Bruce Fallick & Daniel Villar Vallenas & William L. Wascher, 2020, "Downward Nominal Wage Rigidity in the United States during and after the Great Recession," Working Papers, Federal Reserve Bank of Cleveland, number 16-02R, Mar, DOI: 10.26509/frbc-wp-201602r.
• Item repec:imf:imfscr:20/50 is not listed on IDEAS anymore

• Kim Huynh & Jozsef Molnar & Oleksandr Shcherbakov & Qinghui Yu, 2020, "Demand for Payment Services and Consumer Welfare: The Introduction of a Central Bank Digital Currency," Staff Working Papers, Bank of Canada, number 20-7, Mar, DOI: 10.34989/swp-2020-7.
• Maurizio Bussolo & Daniele Checchi & Vito Peragine, 2020, "Long-Term Evolution of Inequality of Opportunity," SERIES, Dipartimento di Economia e Finanza - Università degli Studi di Bari "Aldo Moro", number 03-2020, Mar, revised Mar 2020.
• Claire Alestra & Gilbert Cette & Valérie Chouard & Rémy Lecat, 2020, "Long-term growth impact of climate change and policies: the Advanced Climate Change Long-term (ACCL) scenario building model," Working Papers, HAL, number halshs-02505088, Mar.
• Orland, Andreas & Rostam-Afschar, Davud, 2020, "Flexible Work Arrangements and Precautionary Behavior: Theory and Experimental Evidence," GLO Discussion Paper Series, Global Labor Organization (GLO), number 493.
• Amit Kara & Jason Lennard, 2020, "Valuing Economic Statistics: A Case Study," Economic Statistics Centre of Excellence (ESCoE) Occasional Papers, Economic Statistics Centre of Excellence (ESCoE), number ESCOE-OP-02, Feb.
• Alexandre Ounnas, 2020, "Worker Flows, Occupations and the Dynamics of Unemployment and Labor Force Participation," LIDAM Discussion Papers IRES, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES), number 2020009, Feb.
• Al-Ojayan, Hessah & Gaskell, George & Veltri, Giuseppe A., 2020, "Utilising applied behavioural research to execute subsidy reform in Kuwait," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 103631, Feb.
• Lukas Menkhoff & Malte Rieth & Tobias Stöhr, 2020, "The Dynamic Impact of FX Interventions on Financial Markets," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1854.
• Hoang Sang Nguyen & Fabien Rondeau, 2019, "The transmission of business cycles: Lessons from the 2004 enlargement of the EU and the adoption of the euro," Post-Print, HAL, number hal-02440515, Mar, DOI: 10.1111/ecot.12212.
• Burcu Erik & Marco Jacopo Lombardi & Dubravko Mihaljek & Hyun Song Shin, 2020, "The dollar, bank leverage and real economic activity: an evolving relationship," BIS Working Papers, Bank for International Settlements, number 847, Mar.
• Thiemo Fetzer & Lukas Hensel & Johannes Hermle & Christopher Roth, 2020, "Coronavirus Perceptions And Economic Anxiety," Papers, arXiv.org, number 2003.03848, Mar, revised Jul 2020.
• Item repec:imf:imfscr:20/63 is not listed on IDEAS anymore

• Qazi Haque & Leandro M. Magnusson, 2020, "Identification robust empirical evidence on the Euler equation in open economies," Economics Discussion / Working Papers, The University of Western Australia, Department of Economics, number 20-01.
• Thibault Lemaire, 2020, "Fiscal Consolidations and Informality in Latin America and the Caribbean," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL, number halshs-02492309, Jan.
• David Pritchard, 2018, "Les dépenses publiques dans l’Athènes démocratique : 200 ans après August Böckh," Post-Print, HAL, number hal-02001773, Dec.
• Charles Ka Yui Leung & Joe Cho Yiu Ng & Edward Chi Ho Tang, 2020, "Why is the Hong Kong housing market unaffordable? Some stylized facts and estimations," ISER Discussion Paper, Institute of Social and Economic Research, The University of Osaka, number 1081, Mar.
• Amra,Rashaad & Hanusch,Marek & Jooste,Charl, 2019, "When the Cycle Becomes the Trend : The Emerging Market Experience with Fiscal Policy during the Last Commodity Super Cycle," Policy Research Working Paper Series, The World Bank, number 8712, Jan.
• Arellano-Bover, Jaime, 2020, "Career Consequences of Firm Heterogeneity for Young Workers: First Job and Firm Size," IZA Discussion Papers, Institute of Labor Economics (IZA), number 12969, Feb.
• Beverly Hirtle, 2012, "CCAR: More than a Stress Test," Liberty Street Economics, Federal Reserve Bank of New York, number 20120702, Jul.
• Adrian Pagan & Tim Robinson, 2020, "Too many shocks spoil the interpretation," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2020-28, Mar.
• Item repec:imf:imfscr:20/55 is not listed on IDEAS anymore

• Perez-Quiros, Gabriel & Rots, Eyno & Leiva-Leon, Danilo, 2020, "Real-time weakness of the global economy: a first assessment of the coronavirus crisis," Working Paper Series, European Central Bank, number 2381, Mar.

Report NEP-MAC-2020-03-30

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: