Report NEP-MAC-2020-11-16

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:

• Eric McCoy, 2020, "Euro-US Dollar Exchange Rate Dynamics at the Effective Lower Bound," European Economy - Economic Briefs, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 055, Jul.
• Fernando M. Martin, 2020, "Fiscal Dominance," Working Papers, Federal Reserve Bank of St. Louis, number 2020-040, Oct, revised 26 Aug 2023, DOI: 10.20955/wp.2020.040.
• Evan Karson & Christopher J. Neely, 2020, "More Stories of Unconventional Monetary Policy," Working Papers, Federal Reserve Bank of St. Louis, number 2020-043, Oct, DOI: 10.20955/wp.2020.043.
• Abdoulaye Millogo, 2020, "Hysteresis Effects and Macroeconomics Gains from Unconventional Monetary Policies Stabilization," Cahiers de recherche, Departement d'économique de l'École de gestion à l'Université de Sherbrooke, number 20-12, Nov.
• Luca Fornaro & Martin Wolf, 2020, "The scars of supply shocks: Implications for monetary policy," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1748, Oct, revised Mar 2023.
• Vasily Astrov & Alexandra Bykova & Rumen Dobrinsky & Richard Grieveson & Doris Hanzl-Weiss & Gabor Hunya & Sebastian Leitner & Isilda Mara & Olga Pindyuk & Leon Podkaminer & Sandor Richter & Bernd Chr, 2020, "Monthly Report No. 5/2020," wiiw Monthly Reports, The Vienna Institute for International Economic Studies, wiiw, number 2020-05, May.
• Lorant Kaszab & Ales Marsal & Katrin Rabitsch, 2020, "Trend inflation meets macro-finance: the puzzling behavior of price dispersion," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp304, Oct.
• Pattanaik, Sitikantha & Muduli, Silu & Ray, Soumyajit, 2020, "Inflation expectations of households: do they influence wage-price dynamics in India?," MPRA Paper, University Library of Munich, Germany, number 103685, Feb.
• Ia Vardishvili, 2020, "Entry Decision, the Option to Delay Entry, and Business Cycles," Auburn Economics Working Paper Series, Department of Economics, Auburn University, number auwp2020-07, Oct.
• Martínez-Hernández, Catalina, 2020, "Disentangling the effects of multidimensional monetary policy on inflation and inflation expectations in the euro area," Discussion Papers, Free University Berlin, School of Business & Economics, number 2020/18, DOI: 10.17169/refubium-28493.
• Landwehr, Jannik J., 2020, "The case for a job guarantee policy in Germany: A political-economic analysis of the potential benefits and obstacles," IPE Working Papers, Berlin School of Economics and Law, Institute for International Political Economy (IPE), number 150/2020.
• Paul J.J. Welfens, 2020, "Doubts on the Role of Disturbance Variance in New Keynesian Models and Suggested Refinements," EIIW Discussion paper, Universitätsbibliothek Wuppertal, University Library, number disbei275, Oct.
• Viktor Marinkov, 2020, "Communication at the Zero Lower Bound: The Case for Forward Guidance," Economics Series Working Papers, University of Oxford, Department of Economics, number 923, Nov.
• Abdoulaye Millogo, 2020, "Hysteresis effects and financial frictions," Cahiers de recherche, Departement d'économique de l'École de gestion à l'Université de Sherbrooke, number 20-14, Nov.
• Makram El-Shagi & Kiril Tochkov, 2020, "Shadow of the Colossus: Euro Area Spillovers and Monetary Policy in Central and Eastern Europe," CFDS Discussion Paper Series, Center for Financial Development and Stability at Henan University, Kaifeng, Henan, China, number 2020/7, Nov.
• Nataliia Ostapenko, 2020, "Macroeconomic expectations: news sentiment analysis," Bank of Estonia Working Papers, Bank of Estonia, number wp2020-5, Aug, revised 13 Aug 2020, DOI: 10.23656/25045520/052020/0178.
• Nomaler, Önder & Spinola, Danilo & Verspagen, Bart, 2020, "Schumpeter and Keynes: Economic growth in a super-multiplier model," MERIT Working Papers, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT), number 2020-049, Nov.
• Hang Bai & Lu Zhang, 2020, "Searching for the Equity Premium," NBER Working Papers, National Bureau of Economic Research, Inc, number 28001, Oct.
• Joseph G. Haubrich, 2020, "Does the Yield Curve Predict Output?," Working Papers, Federal Reserve Bank of Cleveland, number 20-34, Nov, DOI: 10.26509/frbc-wp-202034.
• James Yetman, 2020, "Pass-through from short-horizon to long-horizon inflation expectations, and the anchoring of inflation expectations," BIS Working Papers, Bank for International Settlements, number 895, Oct.
• Jonathon Hazell & Juan Herreño & Emi Nakamura & Jón Steinsson, 2020, "The Slope of the Phillips Curve: Evidence from U.S. States," NBER Working Papers, National Bureau of Economic Research, Inc, number 28005, Oct.
• Jan Philipp Fritsche & Patrick Christian Harms, 2020, "Better off without the Euro? A Structural VAR Assessment of European Monetary Policy," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1907.
• Oguzhan Cepni & Yavuz Selim Hacihasanoglu & Muhammed Hasan Yilmaz, 2020, "Credit Decomposition and Economic Activity in Turkey: A Wavelet-Based Approach," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 2014.
• Jon Ellingsen & Vegard H. Larsen & Leif Anders Thorsrud, 2020, "News Media vs. FRED-MD for Macroeconomic Forecasting," CESifo Working Paper Series, CESifo, number 8639.
• YiLi Chien & Yi Wen, 2020, "Time-Inconsistent Optimal Quantity of Debt," Working Papers, Federal Reserve Bank of St. Louis, number 2020-037, Oct, revised 02 Sep 2021, DOI: 10.20955/wp.2020.037.
• Feld, Lars P. & Wieland, Volker, 2020, "The German Federal Constitutional Court ruling and the European Central Bank's strategy," IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS), number 145.
• Güneş Kamber & Madhusudan Mohanty & James Morley, 2020, "Have the driving forces of inflation changed in advanced and emerging market economies?," BIS Working Papers, Bank for International Settlements, number 896, Oct.
• Mikel Bedayo & Gabriel Jiménez & José-Luis Peydró & Raquel Vegas, 2020, "Screening and loan origination time: lending standards, loan defaults and bank failures," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1749, Oct, revised Aug 2022.
• Bedayo, Mikel & Jiménez, Gabriel & Peydró, José Luis & Vegas, Raquel, 2023, "Screening and loan origination time: Lending standards, loan defaults and bank failures," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 225986.
• Ana Beatriz Galvão & Amit Kara, 2020, "The Impact of GDP Data Revisions on Identifying and Predicting UK Recessions," Economic Statistics Centre of Excellence (ESCoE) Discussion Papers, Economic Statistics Centre of Excellence (ESCoE), number ESCoE DP-2020-12, Jul.
• Uwe Böwer, 2019, "Can Lebanon Defy Gravity Forever?," European Economy - Economic Briefs, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 046, Jun.
• Kaszab, Lorant & Marsal, Ales & Rabitsch, Katrin, 2020, "Trend inflation meets macro-finance: the puzzling behavior of price dispersion," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 304, Oct.
• Jie Chen & Yu Chen & Robert J. Hill & Pei Hu, 2020, "The User Cost of Housing and the Price-Rent Ratio in Shanghai," Graz Economics Papers, University of Graz, Department of Economics, number 2020-19, Nov.
• Yunjong Eo & Luis Uzeda & Benjamin Wong, 2020, "Understanding Trend Inflation Through the Lens of the Goods and Services Sectors," Staff Working Papers, Bank of Canada, number 20-45, Nov, DOI: 10.34989/swp-2020-45.
• Serdar Birinci & Kurt See, 2020, "How Should Unemployment Insurance Vary over the Business Cycle?," Staff Working Papers, Bank of Canada, number 20-47, Nov, DOI: 10.34989/swp-2020-47.
• Souza, Thiago de Oliveira, 2020, "Dollar carry timing," Discussion Papers on Economics, University of Southern Denmark, Department of Economics, number 10/2020, Oct.
• Andrea Bellucci & Alexander Borisov & Gianluca Gucciardi & Alberto Zazzaro, 2020, "The Reallocation Effects of COVID-19: Evidence from Venture Capital Investments around the World," Mo.Fi.R. Working Papers, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences, number 167, Oct.
• Khalid ElFayoumi, 2020, "Firm Financing and the Relative Demand for Labor and Capital," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1908.
• Leonard I. Nakamura, 2020, "Evidence of Accelerating Mismeasurement of Growth and Inflation in the U.S. in the 21st Century," Working Papers, Federal Reserve Bank of Philadelphia, number 20-41, Oct, DOI: 10.21799/frbp.wp.2020.41.
• Natasha Kang & Vadim Marmer, 2020, "Modeling Long Cycles," Papers, arXiv.org, number 2010.13877, Oct, revised Sep 2023.
• Eduard Gracia Rodríguez, 2020, "The Cycle of Rents: a Model of Rational Bull-and-Bear Cycles in an Efficient Market," UB School of Economics Working Papers, University of Barcelona School of Economics, number 2020/400.
• Lee, Dong Wook & Shin, Hyun-Han & Stulz, Rene M., 2020, "Why Does Equity Capital Flow Out of High Tobin's q Industries?," Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics, number 2020-02, Feb.
• Chu, Angus C., 2020, "Inflation, Innovation and Growth: A Survey," MPRA Paper, University Library of Munich, Germany, number 103740, Oct.
• Iñaki Aldasoro & Paula Beltrán & Federico Grinberg & Tommaso Mancini-Griffoli, 2020, "The macro-financial effects of international bank lending on emerging markets," BIS Working Papers, Bank for International Settlements, number 899, Nov.
• Andrea Colciago & Stefano Fasani & Lorenza Rossi, 2020, "Unemployment, firm dynamics, and the business cycle," Working Papers, DNB, number 695, Nov.
• Edward Knotek & Saeed Zaman, 2020, "Real-time density nowcasts of US inflation: a model-combination approach," Working Papers, University of Strathclyde Business School, Department of Economics, number 2015, Oct.
• Cette, Gilbert & Lopez, Jimmy & Mairesse, Jacques & Nicoletti, Giuseppe, 2020, "Economic adjustment during the Great Recession: The role of managerial quality," MERIT Working Papers, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT), number 2020-048, Oct.
• Item repec:aer:wpaper:392 is not listed on IDEAS anymore

• Emanuel Kohlscheen & Előd Takáts, 2020, "What can commercial property performance reveal about bank valuations?," BIS Working Papers, Bank for International Settlements, number 900, Nov.
• Kakade, Ameya & Roongta, Dhruv & Haribalaraman, Shravan, 2020, "A case-study oriented analysis of the demand-side policies to reduce cyclical unemployment in the 2008 financial crisis and their potential effectiveness in a post-COVID US economy," MPRA Paper, University Library of Munich, Germany, number 103747, Aug.
• Winkelmann, Lars & Yao, Wenying, 2020, "Cojump anchoring," Discussion Papers, Free University Berlin, School of Business & Economics, number 2020/17, DOI: 10.17169/refubium-28418.
• Hambel, Christoph & Kraft, Holger & Meyer-Wehmann, André, 2020, "When should retirees tap their home equity?," SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE, number 293.
• Sebastian Valdecantos, 2020, "Argentina's (Macroeconomic?) Trap: Some Insights from an Empirical Stock-Flow Consistent Model," Economics Working Paper Archive, Levy Economics Institute, number wp_975, Nov.
• Manuel Adelino & W. Ben McCartney & Antoinette Schoar, 2020, "The Role of Government and Private Institutions in Credit Cycles in the U.S. Mortgage Market," Working Papers, Federal Reserve Bank of Philadelphia, number 20-40, Oct, DOI: 10.21799/frbp.wp.2020.40.
• Anton Cheremukhin & Paulina Restrepo-Echavarria, 2020, "Wage Setting Under Targeted Search," Working Papers, Federal Reserve Bank of St. Louis, number 2020-041, Oct, revised 03 May 2023, DOI: 10.20955/wp.2020.041.
• Siddhartha Chib & Minchul Shin & Fei Tan, 2020, "High-Dimensional DSGE Models: Pointers on Prior, Estimation, Comparison, and Prediction∗," Working Papers, Federal Reserve Bank of Philadelphia, number 20-35, Sep, DOI: 10.21799/frbp.wp.2020.35.
• Aase, Knut K., 2020, "Elements of economics of uncertainty and time with recursive utility," Discussion Papers, Norwegian School of Economics, Department of Business and Management Science, number 2020/13, Oct.
• Lee E. Ohanian & Paulina Restrepo-Echavarria & Diana Van Patten & Mark L. J. Wright, 2020, "The Impact of Bretton Woods International Capital Controls on the Global Economy and the Value of Geopolitical Stability: A General Equilibrium Analysis," Working Papers, Federal Reserve Bank of St. Louis, number 2020-042, Oct, revised 11 Apr 2025, DOI: 10.20955/wp.2020.042.
• Andrew B. Martinez, 2020, "Extracting Information from Different Expectations," Working Papers, The George Washington University, The Center for Economic Research, number 2020-008, Oct.
• Guido Ascari & Anna Florio & Alessandro Gobbi, 2020, "Monetary-fiscal interactions under price level targeting," Papers, arXiv.org, number 2010.14979, Oct.
• Satyajit Chatterjee & Dean Corbae & Kyle Dempsey & José-Víctor Ríos-Rull, 2020, "A Quantitative Theory of the Credit Score," Working Papers, Federal Reserve Bank of Philadelphia, number 20-39, Sep, DOI: 10.21799/frbp.wp.2020.39.
• Daniel Rees, 2020, "What Comes Next?," BIS Working Papers, Bank for International Settlements, number 898, Nov.
• Uchida, Hirofumi, 2020, "Natural selection: A review of studies on firms’ exit and efficiency," MPRA Paper, University Library of Munich, Germany, number 103938, Mar.
• Sigurd Galaasen & Rustam Jamilov & Ragnar Juelsrud & Hélène Rey, 2020, "Granular Credit Risk," NBER Working Papers, National Bureau of Economic Research, Inc, number 27994, Oct.
• Emiel Afman, 2020, "Income, Wealth and Intergenerational Inequality in the Netherlands," European Economy - Economic Briefs, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 053, Jul.
• Karolina Gralek & Silvia De Poli & Philipp Pfeiffer & Sara Riscado & Wouter van der Wielen, 2020, "Labour Tax Shift in Slovenia: Effects on Growth, Equality and Labour Supply," European Economy - Economic Briefs, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 057, Sep.
• Kady Keita & Camelia Turcu, 2019, "How to limit fiscal procyclicality: the role of exchange rate regimes, fiscal rules and institutions," Working Papers, International Network for Economic Research - INFER, number 2019.01.
• Sébastien Bock & Idriss Fontaine, 2020, "Routine-Biased Technological Change and Hours Worked over the Business Cycle," PSE Working Papers, HAL, number halshs-02982145, Oct.
• Eldar, Ofer & Wittry, Michael D., 2020, "Crisis Poison Pills," Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics, number 2020-06, Oct.
• Michael Sposi & Kei-Mu Yi & Jing Zhang, 2020, "Trade Integration, Global Value Chains, and Capital Accumulation," Departmental Working Papers, Southern Methodist University, Department of Economics, number 2012, Nov.
• Kiss, Tamás & Nguyen, Hoang & Österholm, Pär, 2020, "Modelling Returns in US Housing Prices – You’re the One for Me, Fat Tails," Working Papers, Örebro University, School of Business, number 2020:13, Oct.
• Kuikeu, Oscar, 2020, "Essai sur la stabilité monétaire: la Cyclicité et la contra cyclicité de l’activité productive comme critères de cette stabilité. Cas de la Communauté économique et Monétaire de l’Afrique centrale (CE," MPRA Paper, University Library of Munich, Germany, number 104006, Nov.
• Roberto Roson & Camille Van der Vorst, 2020, "A Social Accounting Matrix for Andalusia," Working Papers, Department of Economics, University of Venice "Ca' Foscari", number 2020:22.
• Andrea Borsato, 2020, "Secular Stagnation and innovation dynamics: an agent-based SFC model. Part I," Department of Economics University of Siena, Department of Economics, University of Siena, number 840, Sep.
• Gundel, Joakim, 2020, "Debt relief and the political marketplace in Somalia," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 107125, Nov.
• Robert J. Barro, 2020, "r Minus g," NBER Working Papers, National Bureau of Economic Research, Inc, number 28002, Oct.
• Philipp Mohl & Gilles Mourre & Klara Stovicek, 2019, "Automatic Fiscal Stabilisers in the EU: Size and Effectiveness," European Economy - Economic Briefs, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 045, May.
• Röhl, Klaus-Heiner & Rusche, Christian, 2020, "Staatliche Beteiligungen aus ökonomischer Sicht: Wie weit darf der Staat gehen?," IW policy papers, Institut der deutschen Wirtschaft (IW) / German Economic Institute, number 22/2020.
• Violaine Faubert, 2019, "Why Has Labour Market Participation Not Fully Recovered in Ireland since the Recession?," European Economy - Economic Briefs, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 051, Nov.
• Alice Albonico & Guido Ascari & Alessandro Gobbi, 2020, "The public debt multiplier," Papers, arXiv.org, number 2010.15165, Oct, revised Nov 2020.
• Seikel, Daniel & Truger, Achim, 2019, "The blocked completion of the European Monetary Union: Making the case for a pragmatic use of fiscal leeway," WSI Reports, The Institute of Economic and Social Research (WSI), Hans Böckler Foundation, number 52.
• Kumar B, Pradeep, 2020, "On Heterodox Economics," MPRA Paper, University Library of Munich, Germany, number 102857, Sep.
• Mo Abdirahman & Diane Coyle & Richard Heys & Will Stewart, 2020, "Telecoms Deflators: A Story of Volume and Revenue Weights," Economic Statistics Centre of Excellence (ESCoE) Discussion Papers, Economic Statistics Centre of Excellence (ESCoE), number ESCoE DP-2020-11, Jul.
• Nicolae-Bogdan Ianc & Camelia Turcu, 2019, "So alike, yet so different: comparing fiscal multipliers across E(M)U candidates," Working Papers, International Network for Economic Research - INFER, number 2019.03.
• Aurelija Anciūtė & Viginta Ivaškaitė-Tamošiūnė & Anamaria Maftei & Janos Varga, 2020, "Labour Tax and Child Benefits Reform in Lithuania: For Better or Worse?," European Economy - Economic Briefs, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 059, Sep.
• Karen García-Rojas & Paula Herrera-Idárraga & Leonardo Fabio Morales & Natalia Ramírez-Bustamante & Ana María Tribín-Uribe, 2020, "(She)cession: The Colombian female staircase fall," Borradores de Economia, Banco de la Republica de Colombia, number 1140, Nov, DOI: https://doi.org/10.32468/be.1140.
• Gustavo Mellior, 2020, "Higher education funding, welfare and inequality in equilibrium," Studies in Economics, School of Economics, University of Kent, number 2005, Oct.
• Petroulakis, Filippos, 2020, "Task content and job losses in the Great Lockdown," GLO Discussion Paper Series, Global Labor Organization (GLO), number 702.
• Santiago Caicedo & Miguel Espinosa & Arthur Seibold, 2020, "Unwilling to Train? Firm Responses to the Colombian Apprenticeship Regulation," CRC TR 224 Discussion Paper Series, University of Bonn and University of Mannheim, Germany, number crctr224_2020_233, Nov.
• Howard, Greg & Liebersohn, Jack, 2020, "Regional Divergence and House Prices," Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics, number 2020-04, May.
• Michael Ryan, 2020, "A Narrative Approach to Creating Instruments with Unstructured and Voluminous Text: An Application to Policy Uncertainty," Working Papers in Economics, University of Waikato, number 20/10, Nov.
• Christian Weise, 2020, "Portugal’s Performance after the Macroeconomic Adjustment Programme," European Economy - Economic Briefs, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 058, Sep.
• Fatih Tuluk, 2019, "Shadow Banking, Capital Requirements and Monetary Policy," Working Papers, International Network for Economic Research - INFER, number 2019.05.
• Mauricio Villamizar-Villegas & Yasin Kursat Onder, 2020, "Uncovering Time-Specific Heterogeneity in Regression Discontinuity Designs," Borradores de Economia, Banco de la Republica de Colombia, number 1141, Nov, DOI: https://doi.org/10.32468/be.1141.
• Roxan, Ian, 2020, "Is VAT also a corporate tax? Untangling tax burdens and benefits for companies," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 102723, Apr.
• Item repec:ake:iiepdt:y:2020:i:54:p:1-39 is not listed on IDEAS anymore

• John P. Hejkal & B. Ravikumar & Guillaume Vandenbroucke, 2020, "Technology Adoption, Mortality, and Population Dynamics," Working Papers, Federal Reserve Bank of St. Louis, number 2020-039, Oct, revised Aug 2024, DOI: 10.20955/wp.2020.039.
• Kaan Celebi & Paul J.J. Welfens, 2020, "The Economic Impact of Trump: Conclusions from an Impact Evaluation Analysis," EIIW Discussion paper, Universitätsbibliothek Wuppertal, University Library, number disbei281, Oct.
• Gundel, Joakim, 2020, "Oil and gas in the political marketplace in Somalia," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 107126, Nov.
• William D. Lastrapes & Ian Schmutte & Thor Watson, 2020, "Home Equity Lending, Credit Constraints and Small Business in the US," Working Papers, Center for Economic Studies, U.S. Census Bureau, number 20-32, Oct.

Report NEP-MAC-2020-11-16

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: