Report NEP-MAC-2020-08-10

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:

• Gabriele Galati & Richhild Moessner, 2020, "Effects of Fed policy rate forecasts on real yields and inflation expectations at the zero lower bound," Working Papers, DNB, number 690, Jul.
• Taylor, Alan M. & Davis, Josh, 2019, "The Leverage Factor: Credit Cycles and Asset Returns," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 14115, Nov.
• Balazs Zelity, 2020, "Permanent Income Shocks and Inflation," Wesleyan Economics Working Papers, Wesleyan University, Department of Economics, number 2020-003, Jun.
• Pappa, Evi & Valentinyi, Akos & Brueckner, Markus, 2019, "Local Autonomy and Government Spending Multipliers: Evidence from European Regions," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 14106, Nov.
• Vespignani, Joaquin L. & Yanotti, Maria Belen, 2020, "COVID-19 and Tasmanian Youth Unemployment: A Policy Recommendation," MPRA Paper, University Library of Munich, Germany, number 101158, revised 2020.
• Böhl, Gregor & Strobel, Felix, 2020, "US business cycle dynamics at the zero lower bound," IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS), number 143.
• Gregor Boehl & Gavin Goy & Felix Strobel, 2020, "A Structural Investigation of Quantitative Easing," Working Papers, DNB, number 691, Aug.
• Gabriele Galati & Richhild Moessner, 2020, "Effects of Fed policy rate forecasts on real yields and inflation expectations at the zero lower bound," BIS Working Papers, Bank for International Settlements, number 873, Jul.
• Daniel L. Greenwald & John Krainer & Pascal Paul, 2020, "The Credit Line Channel," Working Paper Series, Federal Reserve Bank of San Francisco, number 2020-26, Jul, DOI: 10.24148/wp2020-26.
• Eun Young Oh & Shuonan Zhang, 2020, "Informal economy and central bank digital currency," Working Papers in Economics & Finance, University of Portsmouth, Portsmouth Business School, Economics and Finance Subject Group, number 2020-11, Jul, revised 23 Jun 2022.
• Balleer, Almut & Zorn, Peter, 2019, "Monetary Policy, Price Setting, and Credit Constraints," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 14163, Dec.
• Philippe Andrade & Erwan Gautier & Eric Mengus, 2020, "What Matters in Households Inflation Expectations?," Working papers, Banque de France, number 770.
• Daeha Cho & Kwang Hwan Kim, 2020, "Inefficient Relative Price Fluctuations," Working papers, Yonsei University, Yonsei Economics Research Institute, number 2020rwp-171, Mar.
• Ostapenko, Nataliia, 2020, "Central Bank Communication: Information and Policy shocks," MPRA Paper, University Library of Munich, Germany, number 101278, May, revised 21 Jun 2020.
• Carlos Esteban Posada Posada, 2020, "Crecimiento y ciclos de la economía colombiana (2005 – 2019)," Documentos de Trabajo de Valor Público, Universidad EAFIT, number 18255, Jul.
• Anderton, Robert & Jarvis, Valerie & Labhard, Vincent & Morgan, Julian & Petroulakis, Filippos & Vivian, Lara, 2020, "Virtually everywhere? Digitalisation and the euro area and EU economies," Occasional Paper Series, European Central Bank, number 244, Jun.
• Gabriele Galati & Jan Kakes & Richhild Moessner, 2020, "Effects of credit restrictions in the Netherlands and lessons for macroprudential policy," BIS Working Papers, Bank for International Settlements, number 872, Jul.
• Bakker, Bas & Ghazanchyan, Manuk & Ho, Alex & Nanda, Vibha, 2020, "The Lack of Convergence of Latin-America Compared with CESEE: Is Low Investment to Blame?," MPRA Paper, University Library of Munich, Germany, number 101287, Jun.
• Costa-Filho, João & Neto, António, 2020, "Is democracy affecting the economic policy responses to COVID-19? A cross-country analysis," MPRA Paper, University Library of Munich, Germany, number 101235, Jun.
• Fernando Eguren-Martin, 2020, "Dollar shortages and central bank swap lines," Bank of England working papers, Bank of England, number 879, Jul.
• David Andolfatto, 2020, "Hot Money for a Cold Economy," Working Papers, Federal Reserve Bank of St. Louis, number 2020-019, Jul, DOI: 10.20955/wp.2020.019.
• Horst, Maximilian & Neyer, Ulrike & Stempel, Daniel, 2020, "Asymmetric macroeconomic effects of QE-induced increases in excess reserves in a monetary union," DICE Discussion Papers, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE), number 346.
• Hartwig, Benny & Meinerding, Christoph & Schüler, Yves, 2020, "Identifying indicators of systemic risk," Discussion Papers, Deutsche Bundesbank, number 33/2020.
• Farmer, Roger, 2019, "The importance of beliefs in shaping macroeconomic outcomes," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 14185, Dec.
• Kaufmann, Christoph & Attinasi, Maria Grazia & Hauptmeier, Sebastian, 2020, "Macroeconomic stabilisation properties of a euro area unemployment insurance scheme," Working Paper Series, European Central Bank, number 2428, Jun.
• Nurdaulet Abilov & Alisher Tolepbergen & Klaus Weyerstrass, 2018, "A Macroeconometric Model for Kazakhstan," NAC Analytica Working Paper, NAC Analytica, Nazarbayev University, number 1, Dec, revised Jul 2019.
• Alisher Tolepbergen, 2019, "The Importance of Terms of Trade Shocks: Kazakhstan," NAC Analytica Working Paper, NAC Analytica, Nazarbayev University, number 4, Dec, revised Jul 2020.
• John Cotter & Mark Hallam & Kamil Yilmaz, 2020, "Macro-Financial Spillovers," Working Papers, Geary Institute, University College Dublin, number 202005, Jul.
• Rünstler, Gerhard & Bräuer, Leonie, 2020, "Monetary policy transmission over the leverage cycle: evidence for the euro area," Working Paper Series, European Central Bank, number 2421, Jun.
• Chernov, Mikhail & Augustin, Patrick & Schmid, Lukas & Song, Dongho, 2019, "Benchmark interest rates when the government is risky," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 14105, Nov.
• Wen Yao & Xiaodong Zhu, 2020, "Structural Change and Aggregate Employment Fluctuations in China," Working Papers, University of Toronto, Department of Economics, number tecipa-671, Jul.
• Alzuabi, Raslan & Caglayan, Mustafa & Mouratidis, Kostas, 2020, "The Risk-Taking Channel in the US: A GVAR Approach," MPRA Paper, University Library of Munich, Germany, number 101391, Jun.
• Awijen, Haithem & Ben Zaied, Younes & Nguyen, Duc Khuong & Sensoy, Ahmet, 2020, "Endogenous Financial Uncertainty and Macroeconomic Volatility: Evidence from the United States," MPRA Paper, University Library of Munich, Germany, number 101276, Mar, revised Jun 2020.
• Eliana R. González-Molano & Ramón Hernández-Ortega & Edgar Caicedo-García & Nicolás Martínez-Cortés & Jose Vicente Romero & Anderson Grajales-Olarte, 2020, "Nueva Clasificación del BANREP de la Canasta del IPC y revisión de las medidas de Inflación Básica en Colombia," Borradores de Economia, Banco de la Republica de Colombia, number 1122, Jul, DOI: https://doi.org/10.32468/be.1122.
• Sergio Salas, 2020, "A Liquidity Crunch in an Endogenous Growth Model with Human Capital," Working Papers, Escuela de Negocios y Economía, Pontificia Universidad Católica de Valparaíso, number 2020-02, Jul.
• Kathia Bahloul Zekkari & Thomas Seegmuller, 2020, "Asset bubble and endogenous labor supply: a clarification," AMSE Working Papers, Aix-Marseille School of Economics, France, number 2026, Jul.
• Viv B Hall & Peter Thomson, 2020, "Does Hamilton's OLS Regression Provide a Better "Alternative" to the Hodrick-Prescott Filter? A New Zealand Business Cycle Perspective," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2020-71, Jul.
• Svensson, Lars E.O., 2019, "Monetary Policy Strategies for the Federal Reserve," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 14247, Dec.
• Emilio Ocampo, 2020, "La Revolución Keynesiana en Perspectiva. Contexto Histórico y Precursores," CEMA Working Papers: Serie Documentos de Trabajo., Universidad del CEMA, number 738, Jul.
• Daniel Murphy & Eric Young, 2020, "Government Debt Limits and Stabilization Policy," Working Papers, Federal Reserve Bank of Cleveland, number 20-23, Jul, DOI: 10.26509/frbc-wp-202023.
• Michal Franta & Ivan Sutoris, 2020, "Dynamics of Czech Inflation: The Role of the Trend and the Cycle," Working Papers, Czech National Bank, Research and Statistics Department, number 2020/1, Jul.
• Daniel Schäfer & Carl Singleton, 2020, "Nominal Wage Adjustments and the Composition of Pay: New Evidence from Payroll Data," Economics working papers, Department of Economics, Johannes Kepler University Linz, Austria, number 2020-11, Jun.
• Lenarčič, Črt, 2019, "Inflation – Harrod-Balassa-Samuelson effect in a DSGE model setting," MPRA Paper, University Library of Munich, Germany, number 101199.
• Aydın, Deniz, 2021, "Consumption Response to Credit Expansions: Evidence from Experimental Assignment of 45,307 Credit Lines," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 222359.
• Knut Are Aastveit & Hilde C. Bjornland & Jamie L. Cross, 2020, "Inflation Expectations and the Pass-Through of Oil Prices," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2020-64, Jul.
• Hubert Kempf, 2020, "Designing the Policy Mix in a Monetary Union," CESifo Working Paper Series, CESifo, number 8321.
• Gjergj Legisi, 2020, "Credit-to-GDP gap: Local versus foreign currency credit," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 13-2020, Aug.
• Christian Scharrer, 2020, "The Effects of Financing Rules in Pay-As-You-Go Pension Systems on the Life and the Business Cycle," Discussion Paper Series, Universitaet Augsburg, Institute for Economics, number 340, Jul.
• Majumderad, Monoj Kumar & Raghavan, Mala & Vespignani, Joaquin, 2020, "Oil Curse," MPRA Paper, University Library of Munich, Germany, number 101138, revised 2020.
• Francesco D'Acunto & Ulrike Malmendier & Michael Weber, 2020, "Gender Roles and the Gender Expectations Gap," Working Papers, Becker Friedman Institute for Research In Economics, number 2020-11.
• KIBADHI, Plante & PINSHI, Christian P., 2020, "Repenser la communication dans la politique monétaire : Vers une orientation stratégique pour la BCC
  [Rethinking Communication in Monetary Policy: Towards a Strategic leaning for the BCC]," MPRA Paper, University Library of Munich, Germany, number 101449, Jun, revised 01 Jul 2020.
• Jean-Bernard, Chatelain & Kirsten, Ralf, 2020, "The Welfare of Ramsey Optimal Policy Facing Auto-Regressive Shocks," MPRA Paper, University Library of Munich, Germany, number 101347, Jun.
• Ricardo Hausmann & Ulrich Schetter, 2020, "Horrible Trade-offs in a Pandemic: Lockdowns, Transfers, Fiscal Space, and Compliance," CID Working Papers, Center for International Development at Harvard University, number 382, Jul.
• So Jung Hwang & Hyunduk Suh, 2020, "Time-varying Effects of Global and Domestic Uncertainty on the Korean Economy," Inha University IBER Working Paper Series, Inha University, Institute of Business and Economic Research, number 2020-3, Aug.
• Liu, Shih-fu & Huang, Wei-chi & Lai, Ching-chong, 2020, "Could Fiscal Policies Overcome a Deep Recession at the Zero Lower Bound?," MPRA Paper, University Library of Munich, Germany, number 101282, Jun.
• Giovanni Angelini & Giovanni Caggiano & Efrem Castelnuovo & Luca Fanelli, 2020, "Are Fiscal Multipliers Estimated with Proxy-SVARs Robust?," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2020-69, Jul.
• Auer, Raphael, 2019, "Embedded supervision: how to build regulation into blockchain finance," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 14095, Nov.
• Shuo Cao & Richard K. Crump & Stefano Eusepi & Emanuel Moench, 2020, "Fundamental Disagreement about Monetary Policy and the Term Structure of Interest Rates," Staff Reports, Federal Reserve Bank of New York, number 934, Jul.
• Hyeongwoo Kim & Wen Shi, 2020, "Forecasting Financial Vulnerability in the US: A Factor Model Approach," Auburn Economics Working Paper Series, Department of Economics, Auburn University, number auwp2020-04, Jul.
• Ons Mastour, 2020, "The impact of real economic activity on the effectiveness of monetary policy transmission: The case of Tunisia," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 12-2020, Aug.
• Burriel, Pablo & Checherita-Westphal, Cristina & Jacquinot, Pascal & Stähler, Nikolai & Schön, Matthias, 2020, "Economic consequences of high public debt: evidence from three large scale DSGE models," Working Paper Series, European Central Bank, number 2450, Jul.
• Hubert Kempf, 2020, "One Foe, So Many Fights. Making Sense of Covid-19 Policies," CESifo Working Paper Series, CESifo, number 8325.
• Novy, Dennis & Breinlich, Holger & Leromain, Elsa & Sampson, Thomas, 2019, "Exchange Rates and Consumer Prices: Evidence from Brexit," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 14176, Dec.
• Anuar, Khairul & Masih, Mansur, 2018, "What drives shariah (islamic) stock index? a case study of Malaysia," MPRA Paper, University Library of Munich, Germany, number 101248, Jul.
• Item repec:bof:bofrdp:2020_013 is not listed on IDEAS anymore

• Charemza, Wojciech, 2020, "Central banks' voting contest," MPRA Paper, University Library of Munich, Germany, number 101205, May.
• Florian Eckert & Samad Sarferaz, 2019, "Agnostic Output Gap Estimation and Decomposition in Large Cross-Sections," KOF Working papers, KOF Swiss Economic Institute, ETH Zurich, number 19-467, Dec, DOI: 10.3929/ethz-b-000384365.
• Philip Bunn & Andrew Haldane & Alice Pugh, 2020, "Has monetary policy made you happier?," Bank of England working papers, Bank of England, number 880, Jul.
• Schnabl, Philipp & Savov, Alexi, 2019, "How Monetary Policy Shaped the Housing Boom," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 14252, Dec.
• Emilio Espino & Julian Kozlowski & Fernando M. Martin & Juan M. Sanchez, 2020, "Domestic Policies and Sovereign Default," Working Papers, Federal Reserve Bank of St. Louis, number 2020-017, Jul, revised 06 Sep 2023, DOI: 10.20955/wp.2020.017.
• Sangyup Choi & Davide Furceri & João Tovar Jalles, 2020, "Heterogenous Gains from Countercyclical Fiscal Policy: New Evidence from International Industry-level Data," Working papers, Yonsei University, Yonsei Economics Research Institute, number 2020rwp-176, Jul.
• Emilio Ocampo, 2020, "The Populist Economic Policy Paradigm: Early Peronism as an Archetype," CEMA Working Papers: Serie Documentos de Trabajo., Universidad del CEMA, number 731, Jun.
• Carlos Esquivel & Timothy J. Kehoe & Juan Pablo Nicolini, 2020, "Lessons from the Monetary and Fiscal History of Latin America," Staff Report, Federal Reserve Bank of Minneapolis, number 608, Jul, DOI: 10.21034/sr.608.
• Paola Boel & Christopher J. Waller, 2020, "On the Essentiality of Credit and Banking at the Friedman Rule," Working Papers, Federal Reserve Bank of St. Louis, number 2020-018, Jul, DOI: 10.20955/wp.2020.018.
• de Groot, Oliver & Mazelis, Falk, 2020, "Mitigating the forward guidance puzzle: inattention, credibility, finite planning horizons and learning," Working Paper Series, European Central Bank, number 2426, Jun.
• Anne-Marie Rieu-Foucault, 2020, "Création du FED : réunir la gestion de la monnaie et de la liquidité," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2020-21.
• Timothy J. Kehoe & Juan Pablo Nicolini & Thomas J. Sargent, 2020, "A Framework for Studying the Monetary and Fiscal History of Latin America, 1960–2017," Staff Report, Federal Reserve Bank of Minneapolis, number 607, Jul, DOI: 10.21034/sr.607.
• Marcelo Arbex & Marcio V. Correa & Marcos R. V. Magalhaes, 2020, "Tolerance of Informality and Occupational Choices in a Large Informal Sector Economy," Working Papers, University of Windsor, Department of Economics, number 2004, Jul.
• Huixin Bi & Ms. Wenyi Shen & Susan Yang Shu-Chun, 2019, "Fiscal Implications of Interest Rate Normalization in the United States," IMF Working Papers, International Monetary Fund, number 2019/090, May.
• Huremovic, Kenan & Jiménez, Gabriel & Moral-Benito, Enrique & Vega-Redondo, Fernando & Peydró, José-Luis, 2020, "Production and financial networks in interplay: Crisis evidence from supplier-customer and credit registers," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 222281.
• Osborne Jackson, 2020, "An Approach to Predicting Regional Labor Market Effects of Economic Shocks: The COVID-19 Pandemic in New England," Current Policy Perspectives, Federal Reserve Bank of Boston, number 88244, Jun.
• Schmitt-Grohé, Stephanie & Uribe, Martín, 2019, "Deterministic Debt Cycles in Open Economies with Flow Collateral Constraints," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 14248, Dec.
• Item repec:bof:bofitp:2020_016 is not listed on IDEAS anymore

• Xavier Estupinan & Mohit Sharma & Sargam Gupta & Bharti Birla, 2020, "Impact of COVID-19 pandemic on labour supply and gross value added in India," Indira Gandhi Institute of Development Research, Mumbai Working Papers, Indira Gandhi Institute of Development Research, Mumbai, India, number 2020-022, Jun.
• Timuno, Sayed O.M & Eita, Joel Hinaunye, 2020, "Towards an effective fiscal stimulus: evidence from Botswana," MPRA Paper, University Library of Munich, Germany, number 101377, Feb.
• Mr. Serhan Cevik, 2019, "Anchor Me: The Benefits and Challenges of Fiscal Responsibility," IMF Working Papers, International Monetary Fund, number 2019/070, Mar.
• Fuchs-Schündeln, Nicola & Bick, Alexander & Lagakos, David & Tsujiyama, Hitoshi, 2019, "Why are Average Hours Worked Lower in Richer Countries?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 14180, Dec.
• Matthijs Breugem & Stefano Colonello & Roberto Marfè & Francesca Zucchi, 2020, "Dynamic Equity Slope," Working Papers, Department of Economics, University of Venice "Ca' Foscari", number 2020:21.
• Heidorn, Thomas & Schäfer, Niklas, 2020, "Euro-Benchmarkreform - Neue Referenzzinssätze in der Eurozone," Frankfurt School - Working Paper Series, Frankfurt School of Finance and Management, number 228.
• William D. Larson & Tara M. Sinclair, 2020, "Nowcasting Unemployment Insurance Claims in the Time of COVID-19," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2020-63, Jul.
• Youngsoo Jang & Minchul Yum, 2020, "Nonlinear Occupations and Female Labor Supply Over Time," CRC TR 224 Discussion Paper Series, University of Bonn and University of Mannheim, Germany, number crctr224_2020_197, Jul.
• Mr. Aleš Bulíř & Mr. Jan Vlcek, 2020, "Monetary Policy Is Not Always Systematic and Data-Driven: Evidence from the Yield Curve," IMF Working Papers, International Monetary Fund, number 2020/004, Jan.
• Francesca Caselli & Julien Reynaud, 2019, "Do Fiscal Rules Cause Better Fiscal Balances? A New Instrumental Variable Strategy," IMF Working Papers, International Monetary Fund, number 2019/049, Mar.
• Roberto Blanco & Sergio Mayordomo & Álvaro Menéndez & Maristela Mulino, 2020, "Las necesidades de liquidez y la solvencia de las empresas no financieras españolas tras la perturbación del Covid-19," Occasional Papers, Banco de España, number 2020, Aug.
• Xiaoming Li & Zheng Liu & Yuchao Peng & Zhiwei Xu, 2020, "Bank Risk-Taking and Monetary Policy Transmission: Evidence from China," Working Paper Series, Federal Reserve Bank of San Francisco, number 2020-27, Aug, DOI: 10.24148/wp2020-27.
• Fernando Alexandre & Pedro Bação & João Cerejeira & Hélder Costa & Miguel Portela, 2020, "Minimum wage and financially distressed firms: another one bites the dust," NIPE Working Papers, NIPE - Universidade do Minho, number 04/2020.
• Mr. Rudolfs Bems & Francesca Caselli & Mr. Francesco Grigoli & Bertrand Gruss, 2019, "Gains from Anchoring Inflation Expectations: Evidence from the Taper Tantrum Shock," IMF Working Papers, International Monetary Fund, number 2019/075, Mar.
• Pierluigi Balduzzi & Emanuele Brancati & Marco Brianti & Fabio Schiantarelli, 2020, "Credit Constraints anf Firms' Decisions: Evidence from the COVID-19 Outbreak Italian Firms’ Expectations and Plans," Boston College Working Papers in Economics, Boston College Department of Economics, number 1013, Jul, revised 07 Oct 2022.
• Christelis, Dimitris & Georgarakos, Dimitris & Van Rooij, Maarten, 2019, "Trust in the Central Bank and Inflation Expectations," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 14202, Dec.
• Döttling, Robin, 2020, "Bank capital regulation in a zero interest environment," Working Paper Series, European Central Bank, number 2422, Jun.
• Alejandro Rodríguez, 2020, "A SIR Macro Model: Comparing the Decentralized Economy and the Optimal Policy," CEMA Working Papers: Serie Documentos de Trabajo., Universidad del CEMA, number 734, Jul.
• Martinez, Joseba & Sihvonen, Markus, 2019, "Does a Currency Union Need a Capital Market Union? Risk Sharing via Banks and Markets," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 14220, Dec.
• Item repec:wrk:wrkemf:35 is not listed on IDEAS anymore

• Balazs Zelity, 2020, "Age Diversity and Aggregate Productivity," Wesleyan Economics Working Papers, Wesleyan University, Department of Economics, number 2020-004, Jul.
• Item repec:upf:upfgen:1734 is not listed on IDEAS anymore

• De Dominicis, Piero, 2020, "Routinization and Covid-19: a comparison between United States and Portugal," MPRA Paper, University Library of Munich, Germany, number 101003, Jun.
• Reinelt, Timo & Meier, Matthias, 2020, "Monetary policy, markup dispersion, and aggregate TFP," Working Paper Series, European Central Bank, number 2427, Jun.
• Item repec:wrk:wrkemf:34 is not listed on IDEAS anymore

• Mr. Tigran Poghosyan, 2019, "How Effective is Macroprudential Policy? Evidence from Lending Restriction Measures in EU Countries," IMF Working Papers, International Monetary Fund, number 2019/045, Mar.
• Dell’Ariccia, Giovanni & Minoiu, Camelia & Ratnovski, Lev & Kadyrzhanova, Dalida, 2020, "Bank lending in the knowledge economy," Working Paper Series, European Central Bank, number 2429, Jun.
• Jean-Marc Natal & Nicolas Stoffels, 2019, "Globalization, Market Power, and the Natural Interest Rate," IMF Working Papers, International Monetary Fund, number 2019/095, May.
• Lie, Denny, 2020, "Implications of state-dependent pricing for DSGE model-based policy analysis in Indonesia," Working Papers, University of Sydney, School of Economics, number 2020-08, Jul, revised Feb 2021.
• Torsten Wezel, 2019, "Conceptual Issues in Calibrating the Basel III Countercyclical Capital Buffer," IMF Working Papers, International Monetary Fund, number 2019/086, May.
• Matteo Crosignani & Marco Macchiavelli & André F. Silva, 2020, "Pirates without Borders: The Propagation of Cyberattacks through Firms’ Supply Chains," Staff Reports, Federal Reserve Bank of New York, number 937, Jul.
• Reza C. Daniels & Safia Khan, 2019, "Household Balance Sheets in South Africa," SALDRU Working Papers, Southern Africa Labour and Development Research Unit, University of Cape Town, number 248.
• Gohou Danon, 2020, "Reference chronology of Business cycles for the UEMOA economies," Working Papers, HAL, number hal-02877433, Jun.
• Ali Alichi & Mr. Ippei Shibata & Kadir Tanyeri, 2019, "Fiscal Policy Multipliers in Small States," IMF Working Papers, International Monetary Fund, number 2019/072, Mar.
• Neifar, Malika, 2020, "Long run comparison analysis and Short run Stability sensitivity: Empirical Evidence from Tunisian Banks," MPRA Paper, University Library of Munich, Germany, number 101029, Jun.
• Ruchir Agarwal & Miles Kimball, 2019, "Enabling Deep Negative Rates to Fight Recessions: A Guide," IMF Working Papers, International Monetary Fund, number 2019/084, Apr.
• William Gbohoui & Mr. Waikei Raphael Lam & Victor Duarte Lledo, 2019, "The Great Divide: Regional Inequality and Fiscal Policy," IMF Working Papers, International Monetary Fund, number 2019/088, May.
• Bandaogo,Mahama Abdel Samir Sidbewende, 2020, "Fiscal Rules in Times of Crisis," Research and Policy Briefs, The World Bank, number 150920, Jul.
• Mr. Bas B. Bakker & Marta Korczak & Mr. Krzysztof Krogulski, 2019, "Unemployment Surges in the EU: The Role of Risk Premium Shocks," IMF Working Papers, International Monetary Fund, number 2019/056, Mar.
• Kevin Clark & Antoine Martin & Timothy Wessel, 2020, "The Federal Reserve’s Large-Scale Repo Program," Liberty Street Economics, Federal Reserve Bank of New York, number 20200803, Aug.
• José Luis Espert, 2020, "Política comercial y salarios reales: una aproximación empírica al caso argentino durante el período 2005 - 2011," CEMA Working Papers: Serie Documentos de Trabajo., Universidad del CEMA, number 735, Jul.
• Sylvestre, Julie & Coutinho, Cristina, 2020, "The use of the Eurosystem’s monetary policy instruments and its monetary policy implementation framework between the first quarter of 2018 and the fourth quarter of 2019," Occasional Paper Series, European Central Bank, number 245, Jun.
• Mr. Jiro Honda & Hiroaki Miyamoto & Mina Taniguchi, 2020, "Exploring the Output Effect of Fiscal Policy Shocks in Low Income Countries," IMF Working Papers, International Monetary Fund, number 2020/012, Jan.
• Dean Corbae & Pablo D'Erasmo, 2020, "Reorganization or Liquidation: Bankruptcy Choice and Firm Dynamics," Working Papers, Federal Reserve Bank of Minneapolis, number 769, Jul, DOI: 10.21034/wp.769.
• Chen, Ping-ho & Chu, Angus C. & Chu, Hsun & Lai, Ching-Chong, 2019, "Optimal Capital Taxation in an Economy with Innovation-Driven Growth," MPRA Paper, University Library of Munich, Germany, number 101228, Feb, revised Jun 2020.
• Giovanni Gallipoli & Christos Makridis, 2020, "Sectoral Digital Intensity and GDP Growth After a Large Employment Shock: A Simple Extrapolation Exercise," Working Papers, Human Capital and Economic Opportunity Working Group, number 2020-056, Jul.
• Mr. Tanai Khiaonarong & David Humphrey, 2019, "Cash Use Across Countries and the Demand for Central Bank Digital Currency," IMF Working Papers, International Monetary Fund, number 2019/046, Mar.
• Alok Johri & Md Mahbubur Rahman, 2020, "The Rise and Fall of India's Relative Investment Price: A Tale of Policy Error and Reform," Department of Economics Working Papers, McMaster University, number 2020-12, Jul.
• Ms. Marialuz Moreno Badia & Mr. Paulo A Medas & Pranav Gupta & Yuan Xiang, 2020, "Debt Is Not Free," IMF Working Papers, International Monetary Fund, number 2020/001, Jan.
• Ms. Wenjie Chen & Mr. Mico Mrkaic & Mr. Malhar S Nabar, 2019, "The Global Economic Recovery 10 Years After the 2008 Financial Crisis," IMF Working Papers, International Monetary Fund, number 2019/083, Apr.
• Dünhaupt, Petra & Herr, Hansjörg, 2020, "Trade, global value chains and development: What role for national development banks?," IPE Working Papers, Berlin School of Economics and Law, Institute for International Political Economy (IPE), number 143/2020.
• Jean Imbs & Laurent L. Pauwels, 2020, "High Order Openness," Working Papers, New York University Abu Dhabi, Department of Social Science, number 20200047, Jun, revised Jun 2020.
• Giovanni Caggiano & Efrem Castelnuovo & Richard Kima & Silvia Delrio, 2020, "Financial Uncertainty and Real Activity: The Good, the Bad, and the Ugly," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2020-67, Jul.
• Mr. Tobias Adrian & Andrea Deghi & Mitsuru Katagiri & Mr. Sohaib Shahid & Nico Valckx, 2020, "Predicting Downside Risks to House Prices and Macro-Financial Stability," IMF Working Papers, International Monetary Fund, number 2020/011, Jan.
• Christoffel, Kai & Mazelis, Falk & Montes-Galdón, Carlos & Müller, Tobias, 2020, "Disciplining expectations and the forward guidance puzzle," Working Paper Series, European Central Bank, number 2424, Jun.
• J. David López-Salido & Gerardo Sanz-Maldonado & Carly Schippits & Min Wei, 2020, "Measuring the Natural Rate of Interest: The Role of Inflation Expectations," FEDS Notes, Board of Governors of the Federal Reserve System (U.S.), number 2020-06-19, Jun, DOI: 10.17016/2380-7172.2593.
• Umba, Gilles Bertrand, 2020, "Choc externes et activité économique en RD Congo : une analyse en équilibre général dynamique et stochastique (DSGE)," Dynare Working Papers, CEPREMAP, number 63, Jul.
• Kristle Romero Cortes & Andrew Glover & Murat Tasci, 2020, "The Unintended Consequences of Employer Credit Check Bans for Labor Markets," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 20-04, Jul, DOI: 10.18651/RWP2020-04.
• Daniele Bianchi & Massimo Guidolin & Manuela Pedio, 2020, "Dissecting Time-Varying Risk Exposures in Cryptocurrency Markets," BAFFI CAREFIN Working Papers, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy, number 20143.
• Selin ÖZYURT & Simon CUEVA (TNK Economics), 2020, "Twenty years of official dollarization in Ecuador: a blessing or a curse?," Working Paper, Agence française de développement, number 19795ea3-88a3-4f85-af90-a, Jul.
• Mariam El Hamiani Khatat & Mr. Romain M Veyrune, 2019, "Liquidity Management under Fixed Exchange Rate with Open Capital Account," IMF Working Papers, International Monetary Fund, number 2019/058, Mar.
• Schilling, Linda, 2019, "Optimal Forbearance of Bank Resolution," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 14244, Dec.
• Guner, Nezih & Kaya, Ezgi & Sánchez-Marcos, Virginia, 2022, "Labor Market Frictions and Lowest Low Fertility," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 14139, Mar.
• Jiakai Chen & Haoyang Liu & David Rubio & Asani Sarkar & Zhaogang Song, 2020, "MBS Market Dysfunctions in the Time of COVID-19," Liberty Street Economics, Federal Reserve Bank of New York, number 20200717, Jul.
• Ms. Majdeline El Rayess & Avril Halstead & Jason Harris & Mr. John Ralyea & Alexander F. Tieman, 2019, "Indonesia's Public Wealth: A Balance Sheet Approach to Fiscal Policy Analysis," IMF Working Papers, International Monetary Fund, number 2019/081, Apr.
• Besley, T. & Roland, I. & Van Reenen, J., 2019, "The Aggregate Consequences of Default Risk: Evidence from Firm-level Data," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2061, Dec.
• Mr. David J Hofman & Mr. Marcos Chamon & Mr. Pragyan Deb & Mr. Thomas Harjes & Umang Rawat & Itaru Yamamoto, 2020, "Intervention Under Inflation Targeting--When Could It Make Sense?," IMF Working Papers, International Monetary Fund, number 2020/009, Jan.
• Ms. Ghada Fayad & Chengyu Huang & Yoko Shibuya & Peng Zhao, 2020, "How Do Member Countries Receive IMF Policy Advice: Results from a State-of-the-art Sentiment Index," IMF Working Papers, International Monetary Fund, number 2020/007, Jan.
• Amir, Md. Khaled, 2019, "Does Excess Bank Liquidity Impact Non-Performing Loan? A Study on Bangladeshi Economy," MPRA Paper, University Library of Munich, Germany, number 101150, Apr, revised 10 Aug 2019.
• Mr. Nicola Pierri & Mr. Yannick Timmer, 2020, "Tech in Fin before FinTech: Blessing or Curse for Financial Stability?," IMF Working Papers, International Monetary Fund, number 2020/014, Jan.
• Thomas Gries, 2020, "Income polarization and stagnation in astochastic model of growth: When the demand side matters," Working Papers CIE, Paderborn University, CIE Center for International Economics, number 132, Jul.
• Guilmi, Corrado Di & Galanis, Giorgos, 2020, "Convergence and divergence in dynamic voting with inequality," CRETA Online Discussion Paper Series, Centre for Research in Economic Theory and its Applications CRETA, number 61.
• Kodjovi M. Eklou & Mamour Fall, 2020, "The (Subjective) Well-Being Cost of Fiscal Policy Shocks," IMF Working Papers, International Monetary Fund, number 2020/005, Jan.
• Julia Gouny & Haoyang Liu & Woojung Park, 2020, "Federal Reserve Agency CMBS Purchases," Liberty Street Economics, Federal Reserve Bank of New York, number 20200716, Jul.
• Hagenhoff, Tim & Lustenhouwer, Joep, 2020, "The role of stickiness, extrapolation and past consensus forecasts in macroeconomic expectations," Working Papers, University of Heidelberg, Department of Economics, number 0686, Jul.
• Simplice A. Asongu & Joseph Nnanna & Paul N. Acha-Anyi, 2020, "The Openness Hypothesis in the Context of Economic Development in Sub-Saharan Africa: The Moderating Role of Trade Dynamics on FDI," Working Papers of the African Governance and Development Institute., African Governance and Development Institute., number 20/056, Jan.
• Item repec:aez:wpaper:03/2020 is not listed on IDEAS anymore

• Joris M. Schröder, 2020, "Decoupling of Labour Productivity Growth from Median Wage Growth in Central and Eastern Europe," wiiw Research Reports, The Vienna Institute for International Economic Studies, wiiw, number 448, Jul.
• Item repec:pra:mprapa:101244 is not listed on IDEAS anymore

• Massimiliano Nuccio & Marco Guerzoni & Riccardo Cappelli & Aldo Geuna, 2020, "Industrial pattern and robot adoption in European regions," Working Papers, Venice School of Management - Department of Management, Università Ca' Foscari Venezia, number 03, Jul.

Report NEP-MAC-2020-08-10

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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