Report NEP-MAC-2021-01-25

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:

• Molnarova, Zuzana & Reiter, Michael, 2021, "Technology, demand, and productivity: what an industry model tells us about business cycles," IHS Working Paper Series, Institute for Advanced Studies, number 29, Jan.
• Chatelain, Jean-Bernard & Ralf, Kirsten, 2021, "Imperfect Credibility versus No Credibility of Optimal Monetary Policy," MPRA Paper, University Library of Munich, Germany, number 104516.
• Mansur, Alfan, 2020, "Shocks and Frictions in US Business Cycle: A Bayesian DSGE Approach," MPRA Paper, University Library of Munich, Germany, number 104546, Oct, revised 24 Oct 2020.
• Item repec:baf:cbafwp:cbafwp20152 is not listed on IDEAS anymore

• Edoardo Chiarotti, 2021, "Update to Figure 1 in "Macroeconomic Shocks and their Propagation"," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 01-2021, Jan.
• Jiménez, Valeria, 2020, "Wage shares and demand regimes in Central America: An empirical analysis for Costa Rica, El Salvador, Honduras, Nicaragua, and Panama, 1970-2016," IPE Working Papers, Berlin School of Economics and Law, Institute for International Political Economy (IPE), number 151/2020.
• Florin O. Bilbiie & Marc J. Melitz, 2020, "Aggregate-Demand Amplification of Supply Disruptions: The Entry-Exit Multiplier," NBER Working Papers, National Bureau of Economic Research, Inc, number 28258, Dec.
• Stephen Millard & Margarita Rubio & Alexandra Varadi, 2021, "The macroprudential toolkit: effectiveness and interactions," Bank of England working papers, Bank of England, number 902, Jan.
• Elizabeth Jane Casabianca & Alessia Lo Turco & Daniela Maggioni, 2021, "Migration And The Structure Of Manufacturing Production. A View From Italian Provinces," Working Papers, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali, number 448, Jan.
• De Koning, Kees, 2021, "Who manages savings in the U.S. and why should they be managed?," MPRA Paper, University Library of Munich, Germany, number 105110, Jan.
• Erica X.N. Li & Tao Zha & Ji Zhang & Hao Zhou, 2020, "Stock-Bond Return Correlation, Bond Risk Premium Fundamentals, and Fiscal-Monetary Policy Regime," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2020-19, Oct, DOI: 10.29338/wp2020-19.
• Oladunni, Sunday, 2020, "Oil Price Shocks and Macroeconomic Dynamics in an Oil-Exporting Emerging Economy: A New Keynesian DSGE Approach," MPRA Paper, University Library of Munich, Germany, number 104551, Mar, revised 12 Jun 2020.
• Cooper Howes, 2020, "Why Does Structural Change Accelerate in Recessions? The Credit Reallocation Channel," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 20-17, Nov, DOI: 10.18651/RWP2020-17.
• Naomi Feldman & Ori Heffetz, 2020, "A Grant to Every Citizen: Survey Evidence of the Impact of a Direct Government Payment in Israel," NBER Working Papers, National Bureau of Economic Research, Inc, number 28312, Dec.
• Fabo, Brian & Jančoková, Martina & Kempf, Elisabeth & Pástor, Luboš, 2021, "Fifty shades of QE: Conflicts of interest in economic research," IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS), number 147.
• Chatelain, Jean-Bernard & Ralf, Kirsten, 2020, "Policy Maker's Credibility with Predetermined Instruments for Forward-Looking Targets," MPRA Paper, University Library of Munich, Germany, number 104526, Oct.
• International Monetary Fund, 2019, "Rwanda: Staff Report for 2019 Article IV Consultation and a Request for a Three-Year Policy Coordination Instrument-Press Release; Staff Report; and Statement by the Executive Director for Rwanda," IMF Staff Country Reports, International Monetary Fund, number 2019/211, Jul.
• Arslan Razmi, 2020, "Some Short-run Macroeconomic Considerations as Society Deals with a Once-in-Generations Pandemic," UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics, number 2020-04.
• Saroj Bhattarai & Jae Won Lee & Choongryul Yang, 2020, "Redistribution and the Monetary–Fiscal Policy Mix," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2020-107, Dec.
• Christoph Gortz & Christopher Gunn & Thomas A. Lubik, 2020, "Is There News in Inventories?," Working Paper, Federal Reserve Bank of Richmond, number 20-03, May, DOI: 10.21144/wp20-03.
• Syarifuddin, Ferry & Izzulhaq, Syahid, 2020, "The Effectiveness of Futures-based Foreign Exchange Intervention: Comparative Studies of Brazil and India," MPRA Paper, University Library of Munich, Germany, number 104709, Dec.
• Rösl, Gerhard & Seitz, Franz, 2020, "SARS-Cov-2 und Bargeld: Wie ein Virus die weltweite Bargeldnachfrage fördert," Weidener Diskussionspapiere, University of Applied Sciences Amberg-Weiden (OTH), number 78.
• Misha Galashin & Martin Kanz & Ricardo Perez-Truglia, 2020, "Macroeconomic Expectations and Credit Card Spending," NBER Working Papers, National Bureau of Economic Research, Inc, number 28281, Dec.
• Linda Schilling & Jesús Fernández-Villaverde & Harald Uhlig, 2020, "Central Bank Digital Currency: When Price and Bank Stability Collide," CESifo Working Paper Series, CESifo, number 8773.
• International Monetary Fund, 2019, "Switzerland: 2019 Article IV Consultation - Press Release; Staff Report; and Statement by the Executive Director for Switzerland," IMF Staff Country Reports, International Monetary Fund, number 2019/180, Jun.
• Beyer, Robert & Milivojevic, Lazar, 2021, "Dynamics and synchronization of global equilibrium interest rates," IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS), number 146.
• Daniel Borup & David E. Rapach & Erik Christian Montes Schütte, 2021, "Now- and Backcasting Initial Claims with High-Dimensional Daily Internet Search-Volume Data," CREATES Research Papers, Department of Economics and Business Economics, Aarhus University, number 2021-02, Jan.
• Jonathan H. Wright, 2020, "Event-day Options," NBER Working Papers, National Bureau of Economic Research, Inc, number 28306, Dec.
• Nirvana Mitra, 2021, "Political Constraints and Sovereign Default Premia," Working Papers, Shiv Nadar University, Department of Economics, number 2021-01, Jan.
• Joshua C.C. Chan & Edouard Wemy, 2020, "An Unobserved Components Model of Total Factor Productivity and the Relative Price of Investment," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2020-109, Dec.
• Griffy, Benjamin & Gomis-Porqueras, Pedro, 2020, "Part and Full-Time Employment over the Business Cycle," MPRA Paper, University Library of Munich, Germany, number 105095, Dec.
• Ruoyun Mao & Susan Yang Shu-Chun, 2020, "Government Spending Effects in a Policy Constrained Environment," IMF Working Papers, International Monetary Fund, number 2020/091, Jun.
• Diana Ricciulli-Marín & Jaime Bonet-Morón & Gerson Javier Pérez-Valbuena, 2021, "Política fiscal subnacional y ciclos económicos en Colombia," Documentos de trabajo sobre Economía Regional y Urbana, Banco de la Republica de Colombia, number 295, Jan, DOI: https://doi.org/10.32468/dtseru.295.
• Harald Uhlig & Taojun Xie, 2020, "Parallel Digital Currencies and Sticky Prices," NBER Working Papers, National Bureau of Economic Research, Inc, number 28300, Dec.
• Frantisek Brazdik & Tibor Hledik & Zuzana Humplova & Iva Martonosi & Karel Musil & Jakub Rysanek & Tomas Sestorad & Jaromir Tonner & Stanislav Tvrz & Jan Zacek, 2020, "The g3+ Model: An Upgrade of the Czech National Bank's Core Forecasting Framework," Working Papers, Czech National Bank, Research and Statistics Department, number 2020/7, Dec.
• Kollmann, Robert, 2021, "Liquidity Traps in a World Economy," MPRA Paper, University Library of Munich, Germany, number 105113, Jan.
• Grey Gordon, 2020, "Efficient VAR Discretization," Working Paper, Federal Reserve Bank of Richmond, number 20-06, Jun, DOI: 10.21144/wp20-06.
• Mora Barrenechea, Mauricio, 2020, "Time-varying effects of commodities prices in the Bolivian economy," MPRA Paper, University Library of Munich, Germany, number 104706, Dec.
• International Monetary Fund, 2019, "Seychelles: Staff Report for the 2019 Article IV Consultation and Third Review Under the Policy Coordination Instrument and Request for Modification of Targets and Monetary Consultation Clause-Press R," IMF Staff Country Reports, International Monetary Fund, number 2019/194, Jul.
• Membreño, Luis & López, Jennifer & Jiménez, Kenneth, 2020, "Estimación de multiplicadores fiscales para Nicaragua con datos trimestrales de 2006 a 2018
  [Estimation of fiscal multipliers for Nicaragua with quarterly data from 2006 to 2018]," MPRA Paper, University Library of Munich, Germany, number 105132, Sep, revised 30 Dec 2020.
• Yvo Mudde & Anna Samarina & Robert Vermeulen, 2021, "Spillover effects of sovereign bond purchases in the euro area," Working Papers, DNB, number 706, Jan.
• Monoj Kumar Majumder & Mala Raghavan & Joaquin Vespignani, 2020, "Commodity Price Volatility, External Debt and Exchange Rate Regimes," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2020-110, Dec.
• Pellens, Maikel & Peters, Bettina & Hud, Martin & Rammer, Christian & Licht, Georg, 2020, "Public R&D investment in economic crises," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 20-088.
• International Monetary Fund, 2019, "Sierra Leone: First Review Under the Extended Credit Facility Arrangement, Request for Waiver for Nonobservance of Performance Criterion, and Financing Assurances Review-Press Release; Staff Report; a," IMF Staff Country Reports, International Monetary Fund, number 2019/217, Jul.
• International Monetary Fund, 2019, "Benin: 2019 Article IV Consultation, Fourth Review under the Extended Credit Facility Arrangement, and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by th," IMF Staff Country Reports, International Monetary Fund, number 2019/203, Jul.
• Zongwu Cai & Xiyuan Liu, 2021, "Solving the Price Puzzle Via A Functional Coefficient Factor-Augmented VAR Model," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS, University of Kansas, Department of Economics, number 202106, Jan, revised Jan 2021.
• Benjamin Born & Gernot J. Müller & Moritz Schularick & Petr SedlÃ¡Ä ek, 2020, "The macroeconomic impact of Trump," Economics Series Working Papers, University of Oxford, Department of Economics, number 928, Dec.
• Ms. Alina Carare & Carlos de Resende & Mr. Andrew Levin & Chelsea Zhang, 2020, "Do Monetary Policy Frameworks Matter in Low Income Countries?," IMF Working Papers, International Monetary Fund, number 2020/139, Jul.
• International Monetary Fund, 2019, "Zimbabwe: Staff-Monitored Program-Press Release and Staff Report," IMF Staff Country Reports, International Monetary Fund, number 2019/144, May.
• Ozili, Peterson K, 2021, "Financial reporting under economic policy uncertainty," MPRA Paper, University Library of Munich, Germany, number 105089.
• Guilherme Klein Martins & Peter Skott, 2020, "Sources of inflation and the effects of balanced budgets and inflation targeting in developing economies," UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics, number 2020-08.
• Richard Blundell & Margherita Borella & Jeanne Commault & Mariacristina De Nardi, 2020, "Why Does Consumption Fluctuate in Old Age and How Should the Government Insure it?," Opportunity and Inclusive Growth Institute Working Papers, Federal Reserve Bank of Minneapolis, number 40, Oct, DOI: 10.21034/iwp.40.
• International Monetary Fund, 2019, "Czech Republic: 2019 Article IV Consultation-Press Release and Staff Report," IMF Staff Country Reports, International Monetary Fund, number 2019/160, Jun.
• Michael Funke & Raphael Terasa, 2020, "Will Germany's Temporary VAT Tax Rates Cut as Part of the Covid-19 Fiscal Stimulus Package Boost Consumption and Growth?," CESifo Working Paper Series, CESifo, number 8765.
• International Monetary Fund, 2019, "United States: 2019 Article IV Consultation - Press Release; Staff Report; and Statement by the Executive Director for the United States," IMF Staff Country Reports, International Monetary Fund, number 2019/174, Jun.
• International Monetary Fund, 2019, "Togo: 2019 Article IV Consultation, Fourth Review under the Extended Credit Facility Arrangement, and Request for Waiver of Nonobservance of Performance Criterion and Modification of Performance Crite," IMF Staff Country Reports, International Monetary Fund, number 2019/205, Jul.
• International Monetary Fund, 2019, "Islamic Republic of Mauritania: Third Review Under the Extended Credit Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Mauritania," IMF Staff Country Reports, International Monetary Fund, number 2019/145, May.
• Angel De la Fuente & Pep Ruiz, 2021, "España | Series largas de VAB y empleo regional por sectores, 1955-2019
  [Spain | Long series of GVA and regional employment by sector, 1955-2019]," Working Papers, BBVA Bank, Economic Research Department, number 21/01, Jan.
• International Monetary Fund, 2019, "Kyrgyz Republic: 2019 Article IV Consultation-Press Release; and Staff Report," IMF Staff Country Reports, International Monetary Fund, number 2019/208, Jul.
• Mr. Subir Lall & Mr. Li Zeng, 2020, "Intangible Investment and Low Inflation: A Framework and Some Evidence," IMF Working Papers, International Monetary Fund, number 2020/190, Sep.
• Oscar Pavlov & Mark Weder, 2021, "Endogenous Product Scope: Market Interlacing and Aggregate Business Cycle Dynamics," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2021-03, Jan.
• International Monetary Fund, 2019, "Maldives: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Maldives," IMF Staff Country Reports, International Monetary Fund, number 2019/156, Jun.
• Mr. Luis Brandão-Marques & Mr. Gaston Gelos & Mr. Machiko Narita & Erlend Nier, 2020, "Leaning Against the Wind: A Cost-Benefit Analysis for an Integrated Policy Framework," IMF Working Papers, International Monetary Fund, number 2020/123, Jul.
• Lechthaler, Wolfgang & Tesfaselassie, Mewael F., 2021, "Endogenous growth, skill obsolescence and output hysteresis in a New Keynesian model with unemployment," IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS), number 149.
• International Monetary Fund, 2019, "Liberia: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Liberia," IMF Staff Country Reports, International Monetary Fund, number 2019/169, Jun.
• International Monetary Fund, 2019, "Norway: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Norway," IMF Staff Country Reports, International Monetary Fund, number 2019/159, Jun.
• Régis Barnichon & Davide Debortoli & Christian Matthes, 2020, "Understanding the Size of the Government Spending Multiplier: It's in the Sign," Working Paper Series, Federal Reserve Bank of San Francisco, number 2021-01, Sep, DOI: 10.24148/wp2021-01.
• International Monetary Fund, 2019, "Republic of Mozambique: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Mozambique," IMF Staff Country Reports, International Monetary Fund, number 2019/166, Jun.
• Karmen Naidoo & Léonce Ndikumana, 2020, "Unit Labor Costs and Manufacturing Sector Performance in Africa," UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics, number 2020-10.
• Barry Eichengreen & Alain Naef, 2020, "Imported or Home Grown? The 1992-3 EMS Crisis," Working papers, Banque de France, number 793.
• Mariacristina De Nardi & Giulio Fella & Marike Knoef & Gonzalo Paz-Pardo & Raun Van Ooijen, 2020, "Family and Government Insurance: Wage, Earnings, and Income Risks in the Netherlands and the U.S," Opportunity and Inclusive Growth Institute Working Papers, Federal Reserve Bank of Minneapolis, number 42, Oct, DOI: 10.21034/iwp.42.
• Giuseppe Conti & Luciano Fanti, 2020, "Alternative monetary approaches and causal nexus breakdown in rate of interest and currency reserves in Italy, 1961-1990," Discussion Papers, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy, number 2020/264, Dec.
• Mark Setterfield, 2021, "Whatever happened to the 'Goodwin pattern'? Profit Squeeze Dynamics in the Modern American Labour market," Working Papers, New School for Social Research, Department of Economics, number 2101, Jan, revised Apr 2021.
• World Bank, 2019, "Lebanon Economic Monitor, Fall 2019," World Bank Publications - Reports, The World Bank Group, number 33279, Oct.
• Maren Froemel & Charles Gottlieb, 2021, "The earned income tax credit: targeting the poor but crowding out wealth," Bank of England working papers, Bank of England, number 903, Jan.
• Holmberg, Johan, 2021, "Earnings and Labor Market Dynamics: Indirect Inference Based on Swedish Register Data," Umeå Economic Studies, Umeå University, Department of Economics, number 984, Jan.
• International Monetary Fund, 2019, "Pakistan: Request for an Extended Arrangement Under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Pakistan," IMF Staff Country Reports, International Monetary Fund, number 2019/212, Jul.
• Emilio Blanco & Pedro Elosegui & Alejandro Izaguirre & Gabriel Montes Rojas, 2019, "Regional and State Heterogeneity of Monetary Shocks in Argentina," Documentos de trabajo del Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET), Universidad de Buenos Aires, Facultad de Ciencias Económicas, Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET), number 2019-39, Jan.
• International Monetary Fund, 2019, "Georgia: Fourth Review Under the Extended Fund Facility Arrangement and Request for Modifications of Quantitative Performance Criteria-Press Release; Staff Report; and a Statement by the Executive Dir," IMF Staff Country Reports, International Monetary Fund, number 2019/171, Jun.
• International Monetary Fund, 2019, "Grenada: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada," IMF Staff Country Reports, International Monetary Fund, number 2019/192, Jul.
• Katharina Bergant & Mr. Francesco Grigoli & Mr. Niels-Jakob H Hansen & Mr. Damiano Sandri, 2020, "Dampening Global Financial Shocks: Can Macroprudential Regulation Help (More than Capital Controls)?," IMF Working Papers, International Monetary Fund, number 2020/106, Jun.
• Paul, Uttam Chandra, 2020, "The Causal Relationship between Private Sector Credit Growth and Economic Growth in Bangladesh: Use of Toda-Yamamoto Granger Causality test in VAR Model," MPRA Paper, University Library of Munich, Germany, number 104476, Dec, revised 04 Dec 2020.
• Peter Skott, 2020, "Fiscal policy and structural transformation in developing economies," UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics, number 2020-11.
• Cem Cakmakli & Selva Demiralp & Sebnem Kalemli-Ozcan & Sevcan Yesiltas & Muhammed A. Yildirim, 2020, "COVID-19 and Emerging Markets: An Epidemiological Model with International Production Networks and Capital Flows," IMF Working Papers, International Monetary Fund, number 2020/133, Jul.
• International Monetary Fund, 2019, "Republic of Armenia: 2019 Article IV Consultation and Request for a Stand-By Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Armenia," IMF Staff Country Reports, International Monetary Fund, number 2019/154, Jun.
• International Monetary Fund, 2019, "Canada: 2019 Article IV Consultation - Press Release; and Staff Report," IMF Staff Country Reports, International Monetary Fund, number 2019/175, Jun.
• International Monetary Fund, 2019, "Qatar: 2019 Article IV Consultation-Press Release; Staff Report," IMF Staff Country Reports, International Monetary Fund, number 2019/146, Jun.
• Ramis Khabibullin & Alexey Ponomarenko, 2020, "An empirical behavioral model of households’ deposit dollarization," Bank of Russia Working Paper Series, Bank of Russia, number wps67, Dec.
• International Monetary Fund, 2019, "Albania: Second Post-Program Monitoring Discussions-Press Release; and Staff Report," IMF Staff Country Reports, International Monetary Fund, number 2019/207, Jul.
• Yunho Cho & Shuyun May Li & Lawrence Uren, 2021, "Investment Housing Tax Concessions and Welfare: Evidence from Australia," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2021-02, Jan, revised Jan 2022.
• Nuno Goncalves & Tiago Martins, 2020, "Qualitative survey data and the perceived ‘normal’ growth: evidence for Portugal and the Euro-area," CFP Working Papers, Portuguese Public Finance Council, number 02/2020, Dec.
• Daniel Haim, 2021, "What Jobs Should a Public Job Guarantee Provide?: Lessons from Hyman P. Minsky," Economics Working Paper Archive, Levy Economics Institute, number wp_981, Jan.
• Pierre-Olivier Gourinchas & Ṣebnem Kalemli-Özcan & Veronika Penciakova & Nick Sander, 2020, "COVID-19 and SME Failures," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2020-21, Dec, DOI: 10.29338/wp2020-21.
• International Monetary Fund, 2019, "Guatemala: 2019 Article IV Consultation-Press Release and Staff Report," IMF Staff Country Reports, International Monetary Fund, number 2019/168, Jun.
• International Monetary Fund, 2019, "Switzerland: Financial System Stability Assessment," IMF Staff Country Reports, International Monetary Fund, number 2019/183, Jun.
• Michael Berlemann & Vera Jahn & Robert Lehmann, 2020, "Is the German Mittelstand More Resistant to Crises? Empirical Evidence from the Great Recession," CESifo Working Paper Series, CESifo, number 8777.
• Yunho Cho & Shuyun May Li & Lawrence Uren, 2021, "Stamping Out Stamp Duty: Property or Consumption Taxes?," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2021-01, Jan.
• Raphael Gouvea, 2020, "Large devaluations and inflation inequality: evidence from Brazil," UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics, number 2020-05.
• Dreger, Christian & Gros, Daniel, 2021, "Lockdowns and the US Unemployment Crisis," IZA Policy Papers, Institute of Labor Economics (IZA), number 170, Jan.
• International Monetary Fund, 2019, "Denmark: 2019 Article IV Consultation - Press Release; Staff Report; and Statement by the Executive Director for Denmark," IMF Staff Country Reports, International Monetary Fund, number 2019/178, Jun.
• Pacifico, Antonio, 2020, "Structural Panel Bayesian VAR with Multivariate Time-varying Volatility to jointly deal with Structural Changes, Policy Regime Shifts, and Endogeneity Issues," MPRA Paper, University Library of Munich, Germany, number 104292.
• Singh, Gaurav Kumar & Bandyopadhyay, Tathagata, 2021, "Determinants of Disagreement: Learning from Indian Inflation Expectations Survey of Households," IIMA Working Papers, Indian Institute of Management Ahmedabad, Research and Publication Department, number WP 2021-01-01, Jan.
• Erlend Nier & Mr. Thorvardur Tjoervi Olafsson & Yuan Gao Rollinson, 2020, "Exchange Rates and Domestic Credit—Can Macroprudential Policy Reduce the Link?," IMF Working Papers, International Monetary Fund, number 2020/187, Sep.
• Yongsung Chang & Jay H. Hong & Marios Karabarbounis & Yicheng Wang, 2020, "Income Volatility and Portfolio Choices," Working Paper, Federal Reserve Bank of Richmond, number 20-01, Mar, DOI: 10.21144/wp20-01.
• Freire Costa, Leonor & Münch Miranda, Susana & Nogues-Marco, Pilar, 2021, "Early modern financial development in the Iberian peninsula," Working Papers, University of Geneva, Paul Bairoch Institute of Economic History, number unige:147492.
• Nomaler, Önder & Spinola, Danilo & Verspagen, Bart, 2021, "R&D-based Economic Growth in a Supermultiplier Model," CAFE Working Papers, Centre for Accountancy, Finance and Economics (CAFE), Birmingham City Business School, Birmingham City University, number 9, Jan.
• Ursula Mello & Tomas Rodriguez Martinez, 2020, "Trade-induced local labor market shocks and asymmetrical labor income risk," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1764, Dec.
• Mr. Tobias Adrian & Mr. Francis Vitek, 2020, "Managing Macrofinancial Risk," IMF Working Papers, International Monetary Fund, number 2020/151, Aug.
• International Monetary Fund, 2019, "Botswana: Technical Assistance Report-Report on Price Statistics Mission," IMF Staff Country Reports, International Monetary Fund, number 2019/158, Jun.
• Benjamin Carton & Emilio Fernández Corugedo & Mr. Benjamin L Hunt & Simon Voigts, 2020, "Demographic Transition and Pension Reforms: Adding Demographics to GIMF," IMF Working Papers, International Monetary Fund, number 2020/153, Aug.
• International Monetary Fund, 2019, "Ecuador: First Review under the Extended Fund Facility Arrangement, Requests for Waiver of Nonobservance of Performance Criterion, Modification of Performance Criteria, and Financing Assurances Review," IMF Staff Country Reports, International Monetary Fund, number 2019/210, Jul.
• Dimitris Mokas & Massimo Giuliodori, 2021, "Effects of LTV announcements in EU economies," Working Papers, DNB, number 704, Jan.
• Mr. Marco Arena & Gabriel Di Bella & Mr. Alfredo Cuevas & Mr. Borja Gracia & Vina Nguyen & Alex Pienkowski, 2020, "It is Only Natural: Europe’s Low Interest Rates," IMF Working Papers, International Monetary Fund, number 2020/116, Jul.
• Rodriguez Castelan, Carlos & Araar, Abdelkrim & Malásquez, Eduardo A. & Olivieri, Sergio & Vishwanath, Tara, 2021, "Distributional Effects of Competition: A Simulation Approach," IZA Discussion Papers, Institute of Labor Economics (IZA), number 14043, Jan.
• Ramirez-Rondan, N.R. & Terrones, Marco E. & Winkelried, Diego, 2020, "Equalizing growth: The case of Peru," MPRA Paper, University Library of Munich, Germany, number 104691, Dec.
• Loretta J. Mester, 2021, "Patience Will Be a Virtue in Fostering a Broad-Based Sustainable Recovery," Speech, Federal Reserve Bank of Cleveland, number 89391, Jan.
• Javier Barbero & Giovanni Mandras & Giovanni Mandras & Ernesto Rodriguez-Crespo & Andres Rodriguez-Pose, 2021, "Quality of government and regional trade: Evidence from European Union regions," Papers in Evolutionary Economic Geography (PEEG), Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, number 2102, Jan, revised Jan 2021.
• Simplice A. Asongu & Rexon T. Nting, 2021, "The role of finance in inclusive human development in Africa revisited," Working Papers, European Xtramile Centre of African Studies (EXCAS), number 21/006, Jan.
• Jonathan McCarthy, 2021, "Discretionary and Nondiscretionary Services Expenditures during the COVID-19 Recession," Liberty Street Economics, Federal Reserve Bank of New York, number 20210115, Jan.
• International Monetary Fund, 2019, "Ireland: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Ireland," IMF Staff Country Reports, International Monetary Fund, number 2019/164, Jun.
• Juan Brichetti & Daniel Heymann & Pedro Juarros & Gustavo Montero, 2019, "Expectations, Coordination Failures and Macro Crises," Documentos de trabajo del Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET), Universidad de Buenos Aires, Facultad de Ciencias Económicas, Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET), number 2019-46, Jul.
• Mykola Babiak & Jozef Barunik, 2020, "Deep Learning, Predictability, and Optimal Portfolio Returns," CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague, number wp677, Dec.
• Mr. Chadi Abdallah & Mr. Kangni R Kpodar, 2020, "How Large and Persistent is the Response of Inflation to Changes in Retail Energy Prices?," IMF Working Papers, International Monetary Fund, number 2020/093, Jun.
• Mr. Suman S Basu & Ms. Emine Boz & Ms. Gita Gopinath & Mr. Francisco Roch & Ms. Filiz D Unsal, 2020, "A Conceptual Model for the Integrated Policy Framework," IMF Working Papers, International Monetary Fund, number 2020/121, Jul.
• Yusuf Mercan & Benjamin Schoefer & Petr SedlÃ¡Ä ek, 2020, "A Congestion Theory of Unemployment Fluctuations," Economics Series Working Papers, University of Oxford, Department of Economics, number 927, Dec.
• Mr. Tigran Poghosyan, 2020, "Exchange Rate Pass-Through in the Caucasus and Central Asia," IMF Working Papers, International Monetary Fund, number 2020/154, Aug.
• Mr. Tobias Adrian & Christopher J. Erceg & Jesper Lindé & Pawel Zabczyk & Ms. Jianping Zhou, 2020, "A Quantitative Model for the Integrated Policy Framework," IMF Working Papers, International Monetary Fund, number 2020/122, Jul.
• Kristopher Gerardi & Paul S. Willen & David Hao Zhang, 2020, "Mortgage Prepayment, Race, and Monetary Policy," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2020-22, Dec, DOI: 10.29338/wp2020-22.
• Simplice A. Asongu & Nicholas M. Odhiambo, 2021, "Remittances and Value Added across Economic sub-sectors in Sub-Saharan Africa," Working Papers, European Xtramile Centre of African Studies (EXCAS), number 21/002, Jan.
• Monica Billio & Roberto Casarin & Enrica De Cian & Malcolm Mistry & Anthony Osuntuyi, 2021, "The Impact of Climate on Economic and Financial Cycles: A Markov-switching Panel Approach," Working Papers, Department of Economics, University of Venice "Ca' Foscari", number 2021:03.
• Annamaria de Crescenzio & Etienne Lepers & Zoe Fannon, 2021, "Assessing the effectiveness of currency-differentiated tools: The case of reserve requirements," OECD Working Papers on International Investment, OECD Publishing, number 2021/01, Jan, DOI: 10.1787/e979a657-en.
• Adam Aboobaker & Esra Nur Ugurlu, 2020, "Weaknesses of MMT as a Guide to Development Policy," UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics, number 2020-09.
• Deepankar Basu & Manya Budhiraja, 2020, "What to Make of the Kaldor-Verdoorn Law?," UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics, number 2020-03.
• Michael Ryan, 2020, "An Anchor in Stormy Seas: Does Reforming Economic Institutions Reduce Uncertainty? Evidence from New Zealand," Working Papers in Economics, University of Waikato, number 20/11, Dec.
• Lalouette, Laure & Zamora-Pérez, Alejandro & Rusu, Codruta & Bartzsch, Nikolaus & Politronacci, Emmanuelle & Delmas, Martial & Rua, António & Brandi, Marco & Naksi, Martti, 2021, "Foreign demand for euro banknotes," Occasional Paper Series, European Central Bank, number 253, Jan.
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Report NEP-MAC-2021-01-25

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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