Report NEP-MAC-2020-05-25

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:

• PINSHI, Christian P., 2020, "COVID-19 uncertainty and monetary policy," MPRA Paper, University Library of Munich, Germany, number 100184, May.
• Saki Bigio & Mengbo Zhang & Eduardo Zilberman, 2020, "Transfers vs Credit Policy: Macroeconomic Policy Trade-offs during Covid-19," NBER Working Papers, National Bureau of Economic Research, Inc, number 27118, May.
• Dirección General de Economía y Estadística, 2020, "La economía española en 2019," Occasional Papers, Banco de España, number 2011, May.
• Axelle Arquié & Jérôme Héricourt & Fabien Tripier, 2020, "Covid-19: Has the Time Come for Mainstream Macroeconomics to Rehabilitate Money Printing?," CEPII Policy Brief, CEPII research center, number 2020-31, Apr.
• Bauermann, Tom, 2020, "Governmental policies to reduce unemployment during recessions: Insights from an ABM," Ruhr Economic Papers, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen, number 847, DOI: 10.4419/86788982.
• Francesco Bianchi & Renato Faccini & Leonardo Melosi, 2020, "Monetary and Fiscal Policies in Times of Large Debt: Unity is Strength," NBER Working Papers, National Bureau of Economic Research, Inc, number 27112, May.
• Stéphane Dupraz & Emi Nakamura & Jon Steinsson, 2020, "A Plucking Model of Business Cycles," Working papers, Banque de France, number 748.
• Christophe Blot & Paul Hubert & Fabien Labondance, 2020, "The asymmetric effects of monetary policy on stock price bubbles," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2020-12, May.
• Congressional Budget Office, 2020, "Interim Economic Projections for 2020 and 2021," Reports, Congressional Budget Office, number 56351, May.
• Kyriakos T. Chousakos & Gary B. Gorton & Guillermo Ordoñez, 2020, "The Macroprudential Role of Stock Markets," NBER Working Papers, National Bureau of Economic Research, Inc, number 27113, May.
• Pauline Gandré, 2020, "Learning, house prices and macro-financial linkages," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2020-10.
• Oreste Napolitano & Salvatore Capasso & Ana Laura Viveros, 2020, "Financial Conditions Index as a predictor in low-inflation environment," Proceedings of International Academic Conferences, International Institute of Social and Economic Sciences, number 10012456, Feb.
• Pinshi, Christian P., 2020, "Monetary policy in DR. Congo : Learning about communication and expectations," MPRA Paper, University Library of Munich, Germany, number 100262, May.
• Lacina Balma & Mthuli Ncube, 2019, "Working Paper 322- Managing Natural Resource Revenue in Ghana," Working Paper Series, African Development Bank, number 2448, Aug.
• Hein, Eckhard, 2020, "Gender issues in Kaleckian distribution and growth models: On the macroeconomics of the gender wage gap," IPE Working Papers, Berlin School of Economics and Law, Institute for International Political Economy (IPE), number 141/2020.
• Markus K. Brunnermeier & Sebastian A. Merkel & Yuliy Sannikov, 2020, "The Fiscal Theory of Price Level with a Bubble," NBER Working Papers, National Bureau of Economic Research, Inc, number 27116, May.
• Pierre Aldama & Jean-François Ouvrard, 2020, "Basic Model Elasticities of the Macroeconomic Model for France of the Banque de France (FR-BDF)," Working papers, Banque de France, number 750.
• Christopher Heiberger & Daniel Fehrle, 2020, "The return on everything and the business cycle in production economies," Discussion Paper Series, Universitaet Augsburg, Institute for Economics, number 338, May.
• Richard Dennis & Oleg Kirsanov, 2020, "Monetary Policy when Preferences are Quasi-Hyperbolic," Working Papers, Business School - Economics, University of Glasgow, number 2020_05, Feb.
• Lilit Popoyan & Mauro Napoletano & Andrea Roventini, 2020, "Winter is possibly not coming: Mitigating financial instability in an agent-based model with interbank market," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2020-14, May.
• Laine, Olli-Matti & Lindblad, Annika, 2020, "Nowcasting Finnish GDP growth using financial variables: a MIDAS approach," BoF Economics Review, Bank of Finland, number 4/2020.
• Juan Carlos Parra-Alvarez & Hamza Polattimur & Olaf Posch, 2020, "Risk Matters: Breaking Certainty Equivalence," CESifo Working Paper Series, CESifo, number 8250.
• Juan Carlos Parra-Alvarez & Hamza Polattimur & Olaf Posch, 2020, "Risk Matters: Breaking Certainty Equivalence," CREATES Research Papers, Department of Economics and Business Economics, Aarhus University, number 2020-02, Mar.
• Jakob Grazzini & Lorenza Rossi, 2020, "New Firms, Capital Intensity and the Labor Share: New Theoretical and Empirical Insights," CESifo Working Paper Series, CESifo, number 8255.
• Jean Barthélemy & Eric Mengus & Guillaume Plantin, 2020, "Public Liquidity Demand and Central Bank Independence," Working papers, Banque de France, number 747.
• Naudé, Wim, 2020, "From the Entrepreneurial to the Ossified Economy: Evidence, Explanations and a New Perspective," GLO Discussion Paper Series, Global Labor Organization (GLO), number 539.
• Nicoletta Berardi & Federico Ravenna & Mario Samano, 2020, "Everyday Regular Prices," Working papers, Banque de France, number 746.
• Tom van Veen, 2020, "Have Macroeconomic Models Lost Their Connection with Economic Reality?," CESifo Working Paper Series, CESifo, number 8256.
• Mario Alloza & Marien Ferdinandusse & Pascal Jacquinot & Katja Schmidt, 2020, "Fiscal expenditure spillovers in the euro area: An empirical and model-based assessment," Occasional Papers, Banco de España, number 2012, May.
• Delis, Manthos & Iosifidi, Maria & Mylonidis, Nikolaos, 2020, "Industry Heterogeneity in the Risk-Taking Channel," MPRA Paper, University Library of Munich, Germany, number 100433, May.
• George J. Hall & Thomas J. Sargent, 2020, "Debt and Taxes in Eight U.S. Wars and Two Insurrections," NBER Working Papers, National Bureau of Economic Research, Inc, number 27115, May.
• Radoslaw (Radek) Stefanski & Alex Trew, 2021, "Selection, Patience, and the Interest Rate (updated 2023 2023_01)," Working Papers, Business School - Economics, University of Glasgow, number 2020_03, Jun.
• Anna Burova, 2020, "Measuring the Debt Service Ratio in Russia: micro-level data approach," Bank of Russia Working Paper Series, Bank of Russia, number wps55, May.
• Iñaki Aldasoro & Stefan Avdjiev & Claudio Borio & Piti Disyatat, 2020, "Global and domestic financial cycles: variations on a theme," BIS Working Papers, Bank for International Settlements, number 864, May.
• Item repec:imf:imfscr:20/103 is not listed on IDEAS anymore

• Alfredo García-Hiernaux & María T. González-Pérez & David E. Guerrero, 2020, "Eurozone prices: a tale of convergence and divergence," Working Papers, Banco de España, number 2010, May.
• Dmitry Levando, 2020, "The two demands: Why a demand for non-consumable money is different from a demand for consumable goods," Working Papers, Department of Economics, University of Venice "Ca' Foscari", number 2020:05.
• João Granja & Christos Makridis & Constantine Yannelis & Eric Zwick, 2020, "Did the Paycheck Protection Program Hit the Target?," NBER Working Papers, National Bureau of Economic Research, Inc, number 27095, May.
• Item repec:imf:imfscr:20/145 is not listed on IDEAS anymore

• Xing Guo, 2020, "Identifying Aggregate Shocks with Micro-level Heterogeneity: Financial Shocks and Investment Fluctuation," Staff Working Papers, Bank of Canada, number 20-17, May, DOI: 10.34989/swp-2020-17.
• Alexander Bick & Nicola Fuchs-Schündeln & David Lagakos & Hitoshi Tsujiyama, 2020, "Why Are Average Hours Worked Lower in Richer Countries?," CESifo Working Paper Series, CESifo, number 8251.
• Stephie Fried & David Lagakos, 2020, "Electricity and Firm Productivity: A General-Equilibrium Approach," NBER Working Papers, National Bureau of Economic Research, Inc, number 27081, May.
• Jose Vicente Romero & Hernando Vargas-Herrera & Pamela Cardozo & Andrés Murcia, 2020, "Effects of foreign participation in the colombian local public debt market on domestic financial conditions," Borradores de Economia, Banco de la Republica de Colombia, number 1115, May, DOI: https://doi.org/10.32468/be.1115.
• Katya Kartashova & Xiaoqing Zhou, 2020, "How Do Mortgage Rate Resets Affect Consumer Spending and Debt Repayment? Evidence from Canadian Consumers," Staff Working Papers, Bank of Canada, number 20-18, May, DOI: 10.34989/swp-2020-18.
• Basco Mascaro, Sergi & Domènech Feliu, Jordi & Roses Vendoiro, Juan Ramon, 2020, "The redistributive effects of pandemics: evidence on the Spanish flu," IFCS - Working Papers in Economic History.WH, Universidad Carlos III de Madrid. Instituto Figuerola, number 30465, May.
• Fabian Lange & Theodore Papageorgiou, 2020, "Beyond Cobb-Douglas: Flexibly Estimating Matching Functions with Unobserved Matching Efficiency," Boston College Working Papers in Economics, Boston College Department of Economics, number 1006, Apr.
• Fabio Ghironi & G. Kemal Ozhan, 2020, "Interest Rate Uncertainty as a Policy Tool," NBER Working Papers, National Bureau of Economic Research, Inc, number 27084, May.
• Caporin, Massimiliano & Pelizzon, Loriana & Plazzi, Alberto, 2020, "Does monetary policy impact international market co-movements?," SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE, number 276.
• Simplice A. Asongu & Joseph Nnanna, 2020, "Governance and the Capital Flight Trap in Africa," Working Papers of the African Governance and Development Institute., African Governance and Development Institute., number 20/024, Jan.
• John Michael, Riveros Gavilanes, 2018, "Comportamiento de los salarios reales en el sector industrial colombia 2000-2016. Una aplicación del modelo de kaldor
  [Behavior of Wages in the Industrial Sector, Colombia 2000-2016: An application," MPRA Paper, University Library of Munich, Germany, number 100424, Nov, revised Nov 2018.
• Abuselidze, George, 2019, "Анализ На Формирането И Прилагането На Бюджетни Политики, Осигуряващи Социално-Икономическото Развитие На Административнотериториалните Единици
  [Analysis of the formation and use of budgetary polic," MPRA Paper, University Library of Munich, Germany, number 99889.
• Item repec:imf:imfscr:20/151 is not listed on IDEAS anymore

• Scott R. Baker & R. A. Farrokhnia & Steffen Meyer & Michaela Pagel & Constantine Yannelis, 2020, "Income, Liquidity, and the Consumption Response to the 2020 Economic Stimulus Payments," NBER Working Papers, National Bureau of Economic Research, Inc, number 27097, May.
• Ali, Amjad & Bibi, Chan, 2020, "Public Policies, Socio-Economic Environment and Crimes in Pakistan: A Time Series Analysis," MPRA Paper, University Library of Munich, Germany, number 100216, Feb.
• Item repec:imf:imfscr:20/150 is not listed on IDEAS anymore

• Maurizio Iacopetta & Raoul Minetti & Pierluigi Murro, 2020, "Growing through Spinoffs. Corporate Governance, Entry, and Innovation," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2020-13, May.
• David Martinez Turegano, 2020, "Employment composition and labour earnings inequality within EU countries," JRC Research Reports, Joint Research Centre, number JRC120255, Apr.
• Nadal Egea, Alejandro, 2020, "Pensar fuera de la caja: la economía mexicana y sus posibles alternativas," Estudios y Perspectivas – Sede Subregional de la CEPAL en México, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 45550, May.
• Shuaizhang Feng & Jiandong Sun, 2020, "Misclassification-Errors-Adjusted Sahm Rule for Early Identification of Economic Recession," Working Papers, Human Capital and Economic Opportunity Working Group, number 2020-029, May.
• Item repec:imf:imfscr:20/148 is not listed on IDEAS anymore

• Puriya Abbassi & Rajkamal Iyer & José-Luis Peydró & Paul E. Soto, 2020, "Stressed banks? Evidence from the largest-ever supervisory review," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1721, Feb.
• Abbassi, Puriya & Iyer, Rajkamal & Peydró, José-Luis & Soto, Paul, 2020, "Stressed Banks? Evidence from the Largest-Ever Supervisory Review," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 217048.
• Paul E. Soto & Rajkamal Iyer & Puriya Abbassi & José-Luis Peydró, 2020, "Stressed Banks? Evidence from the Largest-Ever Supervisory Review," Working Papers, Barcelona School of Economics, number 1178, May.
• Barrie, Mohamed Samba, 2020, "An empirical analysis of the Determinants of Real GDP Growth in Sierra Leone from 1980-2018," EconStor Research Reports, ZBW - Leibniz Information Centre for Economics, number 216885.
• Item repec:imf:imfscr:20/156 is not listed on IDEAS anymore

• Jesús Fernández-Villaverde & Charles I. Jones, 2020, "Estimating and Simulating a SIRD Model of COVID-19 for Many Countries, States, and Cities," NBER Working Papers, National Bureau of Economic Research, Inc, number 27128, May.
• Item repec:imf:imfscr:20/155 is not listed on IDEAS anymore

• Geert Bekaert & Eric Engstrom & Andrey Ermolov, 2020, "The Variance Risk Premium in Equilibrium Models," NBER Working Papers, National Bureau of Economic Research, Inc, number 27108, May.
• Ken-ichi Hashimoto & Yoshiyasu Ono & Matthias Schlegl, 2020, "Structural Unemployment, Underemployment, and Secular Stagnation," ISER Discussion Paper, Institute of Social and Economic Research, The University of Osaka, number 1088, May.
• Brueckner, Markus & Van Long, Ngo & Vespignani, Joaquin, 2020, "Non-gravity trade," Working Papers, University of Tasmania, Tasmanian School of Business and Economics, number 2020-04.
• Victoria Gregory & Guido Menzio & David G. Wiczer, 2020, "Pandemic Recession: L or V-Shaped?," NBER Working Papers, National Bureau of Economic Research, Inc, number 27105, May.
• Normann Rion, 2020, "Fluctuations in a Dual Labor Market," PSE Working Papers, HAL, number halshs-02570540, May.
• Martin S. Eichenbaum & Sergio Rebelo & Mathias Trabandt, 2020, "The Macroeconomics of Testing and Quarantining," NBER Working Papers, National Bureau of Economic Research, Inc, number 27104, May.
• Daniel Borup & Bent Jesper Christensen & Nicolaj N. Mühlbach & Mikkel S. Nielsen, 2020, "Targeting predictors in random forest regression," CREATES Research Papers, Department of Economics and Business Economics, Aarhus University, number 2020-03, May.
• Simon Mongey & Laura Pilossoph & Alex Weinberg, 2020, "Which Workers Bear the Burden of Social Distancing?," NBER Working Papers, National Bureau of Economic Research, Inc, number 27085, May.
• Stefan Ederer & Stefan Humer & Stefan Jestl & Emanuel List, 2020, "Distributional National Accounts (DINA) with Household Survey Data: Methodology and Results for European Countries," wiiw Working Papers, The Vienna Institute for International Economic Studies, wiiw, number 180, May.
• Giambona, Erasmo & Matta, Rafael & Peydró, José-Luis & Wang, Ye, 2020, "Quantitative Easing, Investment, and Safe Assets: The Corporate-Bond Lending Channel," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 217049, revised 2020.
• Ye Wang & Rafael Matta & Erasmo Giambona & José-Luis Peydró, 2020, "Quantitative Easing, Investment, and Safe Assets: The Corporate-Bond Lending Channel," Working Papers, Barcelona School of Economics, number 1179, May.
• Alexander Dobrinevski & Raphaël Jachnik, 2020, "Exploring options to measure the climate consistency of real economy investments: The transport sector in Latvia," OECD Environment Working Papers, OECD Publishing, number 163, May, DOI: 10.1787/48d53aac-en.
• Erik Ens & Craig Johnston, 2020, "Scenario Analysis and the Economic and Financial Risks from Climate Change," Discussion Papers, Bank of Canada, number 2020-3, May, DOI: 10.34989/sdp-2020-3.
• Franziska Hampf & Marc Piopiunik & Simon Wiederhold, 2020, "The Effects of Graduating from High School in a Recession: College Investments, Skill Formation, and Labor-Market Outcomes," CESifo Working Paper Series, CESifo, number 8252.
• Mary Amiti & Sang Hoon Kong & David Weinstein, 2020, "The Effect of the U.S.-China Trade War on U.S. Investment," NBER Working Papers, National Bureau of Economic Research, Inc, number 27114, May.
• Item repec:hal:pseptp:halshs-02520785 is not listed on IDEAS anymore

• Matthew Higgins & Thomas Klitgaard, 2020, "W(h)ither U.S. Crude Oil Production?," Liberty Street Economics, Federal Reserve Bank of New York, number 20200504, May.
• Egemen Eren & Andreas Schrimpf & Vladyslav Sushko, 2020, "US dollar funding markets during the Covid-19 crisis - the international dimension," BIS Bulletins, Bank for International Settlements, number 15, May.
• Erasmo Giambona & Rafael Matta & José-Luis Peydró & Ye Wang, 2020, "Quantitative easing, investment, and safe assets: the corporate-bond lending channel," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1722, May, revised Oct 2020.
• Federico Sturzenegger, 2020, "How should Central Banks accumulate reserves?," Working Papers, Universidad de San Andres, Departamento de Economia, number 139, May, revised May 2020.
• Lustenhouwer, Joep, 2020, "Fiscal Stimulus In Expectations-Driven Liquidity Traps," Working Papers, University of Heidelberg, Department of Economics, number 0683, May.
• Pennings,Steven Michael, 2020, "Cross-Region Transfers in a Monetary Union : Evidence from the US and Some Implications," Policy Research Working Paper Series, The World Bank, number 9244, May.
• Manuel Adelino & Miguel A. Ferreira & Mariassunta Giannetti & Pedro Pires, 2020, "Trade Credit and the Transmission of Unconventional Monetary Policy," NBER Working Papers, National Bureau of Economic Research, Inc, number 27077, May.
• Jézabel Couppey-Soubeyran & Erica Perego & Fabien Tripier, 2020, "Les banques européennes à l’épreuve de la crise du Covid-19," CEPII Policy Brief, CEPII research center, number 2020-32, May.
• Haoyang Liu & Desi Volker, 2020, "Where Have the Paycheck Protection Loans Gone So Far?," Liberty Street Economics, Federal Reserve Bank of New York, number 20200506, May.
• Torben M. Andersen & Joydeep Bhattacharya & Qing Liu, 2020, "Reference-Dependent Preferences, Time Inconsistency, and Unfunded Pensions," CESifo Working Paper Series, CESifo, number 8260.
• Item repec:imf:imfscr:20/149 is not listed on IDEAS anymore

Report NEP-MAC-2020-05-25

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: