Report NEP-MAC-2021-05-17

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:

• Dario Bonciani & David Gauthier & Derrick Kanngiesser, 2021, "Slow recoveries, endogenous growth and macroprudential policy," Bank of England working papers, Bank of England, number 917, Apr.
• Joshua Bernstein & Alexander W. Richter & Nathaniel A. Throckmorton, 2021, "Nonlinear Search and Matching Explained," Working Papers, Federal Reserve Bank of Dallas, number 2106, May, DOI: 10.24149/wp2106.
• Altavilla, Carlo & Laeven, Luc & Peydró, José-Luis, 2020, "Monetary and Macroprudential Policy Complementarities: evidence from European credit registers," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15539, Dec.
• Monacelli, Tommas & Jamilov, Rustam, 2020, "Bewley Banks," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15428, Nov.
• Saidi, Farzad & Heider, Florian & Schepens, Glenn, 2020, "Banks and Negative Interest Rates," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15611, Dec.
• Roth, Steve, 2021, "Why the Flow of Funds Don’t Explain the Flow of Funds: Sectoral Balances, Balance Sheets, and the Accumulation Fallacy," MPRA Paper, University Library of Munich, Germany, number 105281, May.
• Fornaro, Luca & Wolf, Martin, 2020, "The Scars of Supply Shocks: Implications for Monetary Policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15423, Nov.
• Yusuf Mercan & Benjamin Schoefer & Petr Sedláček, 2021, "A Congestion Theory of Unemployment Fluctuations," NBER Working Papers, National Bureau of Economic Research, Inc, number 28771, May.
• Nils Gornemann & Keith Kuester & Makoto Nakajima, 2021, "Doves for the Rich, Hawks for the Poor? Distributional Consequences of Systematic Monetary Policy," ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany, number 089, May.
• Minford, Patrick & Le, Vo Phuong Mai & Meenagh, David, 2020, "State-dependent pricing turns money into a two-edged sword," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15551, Dec.
• Federico Di Pace & Christoph Gortz, 2021, "Monetary Policy, Sectoral Comovement and the Credit Channel," Discussion Papers, Department of Economics, University of Birmingham, number 21-07, Apr.
• Bofinger, Peter & Haas, Thomas, 2020, "CBDC: Can central banks succeed in the marketplace for digital monies?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15489, Nov.
• Kumhof, Michael & Allen, Jason & Bateman, Will & Lastra, Rosa & Gleeson, Simon & Omarova, Saule, 2020, "Central Bank Money: Liability, Asset, or Equity of the Nation?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15521, Dec.
• David Baqaee & Ariel Burstein, 2021, "Welfare and Output with Income Effects and Taste Shocks," NBER Working Papers, National Bureau of Economic Research, Inc, number 28754, May.
• Hoffmann, Mathias & Hürtgen, Patrick, 2021, "Do exchange rates absorb demand shocks at the ZLB?," Discussion Papers, Deutsche Bundesbank, number 13/2021.
• Ofori, Isaac Kwesi & Armah, Mark Kojo, 2021, "A re-examination of the exchange rate – interest rate differential relationship in Ghana," MPRA Paper, University Library of Munich, Germany, number 107586, May.
• Paul de Grauwe, 2021, "Portugal’s fiscal policy choices during the pandemic: a preliminary evaluation," CFP Occasional Papers, Portuguese Public Finance Council, number 01/2021, May.
• Kamalyan, Hayk, 2021, "Data Revisions and the Effects of Monetary Policy Volatility," MPRA Paper, University Library of Munich, Germany, number 107581, Jan.
• Sewon Hur & César Sosa-Padilla & Zeynep Yom, 2021, "Optimal bailouts in banking and sovereign crises," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 51, Apr.
• Item repec:cpr:ceprdp:15624 is not listed on IDEAS anymore

• Kilian Huber, 2021, "Are Bigger Banks Better? Firm-Level Evidence from Germany," NBER Working Papers, National Bureau of Economic Research, Inc, number 28767, May.
• Herzog-Stein, Alexander & Nüß, Patrick & Peede, Lennert & Stein, Ulrike, 2021, "Germany's Labour Market in Coronavirus Distress - New Challenges to Safeguarding Employment," GLO Discussion Paper Series, Global Labor Organization (GLO), number 840.
• Kuhn, Moritz & Ploj, Gasper, 2020, "Job stability, earnings dynamics, and life-cycle savings," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15460, Nov.
• Marius Clemens & Werner Röger, 2021, "Temporary VAT Reduction during the Lockdown," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1944.
• Balleer, Almut & Arabzadeh Jamali, Hamzeh & Gehrke, Britta, 2020, "Uncovering the mechanism(s): Financial constraints and wages," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15585, Dec.
• Ofori, Isaac Kwesi & Armah, Mark Kojo, 2021, "A re-examination of the exchange rate – interest rate differential relationship in Ghana," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 233954.
• Linde, Jesper & Lemoine, Matthieu, 2020, "Fiscal Stimulus in Liquidity Traps: Conventional or Unconventional Policies?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15623, Dec.
• Kumhof, Michael & Sokol, Andrej & Rungcharoenkitkul, Phurichai, 2020, "How Does International Capital Flow?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15526, Dec.
• Rybacki, Jakub & Gniazdowski, Michał, 2021, "Macroeconomic Forecasting in Poland: Lessons From the COVID-19 Outbreak," MPRA Paper, University Library of Munich, Germany, number 107682, May.
• Lein, Sarah & Braun, Rahel, 2021, "Sources of Bias in Inflation Rates and Implications for Inflation Dynamics," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15663, Jan.
• Niklas Amberg & Thomas Jansson & Mathias Klein & Anna Rogantini Picco, 2021, "Five Facts about the Distributional Income Effects of Monetary Policy," CESifo Working Paper Series, CESifo, number 9062.
• Christoph Gortz & John Tsoukalas & Francesco Zanetti, 2021, "News Shocks under Financial Frictions," Discussion Papers, Department of Economics, University of Birmingham, number 21-08, May.
• Bilbiie, Florin & Melitz, Marc J, 2020, "Aggregate-Demand Amplification of Supply Disruptions: The Entry-Exit Multiplier," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15583, Dec.
• Sami Alpanda & Sarah Zubairy, 2021, "Business Cycle Implications of Firm Market Power in Labor and Product Markets," Working Papers, Texas A&M University, Department of Economics, number 20210429-001, Apr.
• Heider, Florian & Saidi, Farzad & Schepens, Glenn, 2021, "Banks and negative interest rates," Working Paper Series, European Central Bank, number 2549, May.
• Luis Eduardo Castellanos Rodríguez & Juan David Diaz Ipuz & Cristian Camilo Due�as Ruiz & Andr�s Felipe Le�n Donato, 2021, "Efecto Fisher y modelo de corrección de errores en Colombia, 1991-2020," Econógrafos, Escuela de Economía, Universidad Nacional de Colombia, FCE, CID, number 19244, May.
• Josef Schroth, 2021, "Optimal Monetary and Macroprudential Policies," Staff Working Papers, Bank of Canada, number 21-21, May, DOI: 10.34989/swp-2021-21.
• Born, Benjamin & Müller, Gernot & Pfeifer, Johannes, 2020, "Uncertainty shocks in currency unions," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15579, Dec.
• Jappelli, Tullio & Christelis, Dimitris & Georgarakos, Dimitris & Kenny, Geoff, 2020, "The Covid-19 Crisis and Consumption: Survey Evidence from Six EU Countries," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15525, Dec.
• Born, Benjamin & Dovern, Jonas & Enders, Zeno, 2022, "Expectation dispersion, uncertainty, and the reaction to news," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15581, Feb.
• Nicolas End, 2021, "The Prince and Me A model of Fiscal Credibility," AMSE Working Papers, Aix-Marseille School of Economics, France, number 2127, May.
• Marion Davin & Mouez Fodha & Thomas Seegmuller, 2021, "Environment, public debt and epidemics," AMSE Working Papers, Aix-Marseille School of Economics, France, number 2128, May.
• Timothy G. Conley & Bill Dupor & Mahdi Ebsim & Jingchao Li & Peter B. McCrory, 2021, "The Local-Spillover Decomposition of an Aggregate Causal Effect," Working Papers, Federal Reserve Bank of St. Louis, number 2021-006, May, DOI: 10.20955/wp.2021.006.
• Matthew Klepacz, 2021, "Price Setting and Volatility: Evidence from Oil Price Volatility Shocks," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1316, Apr, DOI: 10.17016/IFDP.2021.1316.
• Emilio Blanco & Laura D’Amato & Fiorella Dogliolo & Lorena Garegnani, 2020, "Nowcasting Macroeconomic Aggregates in Argentina: Comparing the predictive ability of different models," Asociación Argentina de Economía Política: Working Papers, Asociación Argentina de Economía Política, number 4335, Nov.
• Preston Mui & Benjamin Schoefer, 2021, "Reservation Raises: The Aggregate Labor Supply Curve at the Extensive Margin," NBER Working Papers, National Bureau of Economic Research, Inc, number 28770, May.
• Ofori, Isaac Kwesi & Obeng, Camara Kwasi & Mwinlaaru, Yeltulme Pter, 2021, "Effect of Exchange Rate Volatility on Tax Revenue Performance In Sub-Saharan Africa," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 233955.
• Francisco Roch & Francisco Roldán, 2021, "Uncertainty Premia, Sovereign Default Risk, and State-Contingent Debt," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 47, Mar.
• Forni, Mario & Gambetti, Luca & Lippi, Marco & Sala, Luca, 2020, "Common Component Structural VARs," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15529, Dec.
• Fernández-Villaverde, Jesús & Schilling, Linda & Uhlig, Harald, 2020, "Central Bank Digital Currency: When Price and Bank Stability Collide," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15555, Dec.
• Jang, Youngsoo & Yum, Minchul, 2020, "Aggregate and Intergenerational Implications of School Closures: A Quantitative Assessment," MPRA Paper, University Library of Munich, Germany, number 107593, Nov.
• Baqaee, David Rezza & Farhi, Emmanuel, 2021, "Keynesian Production Networks and the Covid-19 Crisis: A Simple Benchmark," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15664, Jan.
• Forni, Mario & Gambetti, Luca & Sala, Luca, 2021, "Macroeconomic Uncertainty and Vector Autoregressions," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15692, Jan.
• Levchenko, Andrei & di Giovanni, Julian & Mejean, Isabelle, 2020, "Foreign Shocks as Granular Fluctuations," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15458, Nov.
• Palma, Nuno & Chen, Yao & Ward, Felix, 2020, "Reconstruction of the Spanish money supply, 1492-1810," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15509, Dec.
• Kuvshinov, Dmitry & Zimmermann, Kaspar, 2020, "The Expected Return on Risky Assets: International Long-run Evidence," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15610, Dec.
• Jan De Loecker & Jan Eeckhout & Simon Mongey, 2021, "Quantifying Market Power and Business Dynamism in the Macroeconomy," NBER Working Papers, National Bureau of Economic Research, Inc, number 28761, May.
• Lars E.O. Svensson, 2021, "Household Debt Overhang Did Hardly Cause a Larger Spending Fall during the Financial Crisis in Australia," NBER Working Papers, National Bureau of Economic Research, Inc, number 28776, May.
• Jonathan Chiu & Russell Wong, 2021, "Payments on Digital Platforms: Resiliency, Interoperability and Welfare," Working Paper, Federal Reserve Bank of Richmond, number 21-04, Feb.
• Xiao Ma & Alejandro Nakab & Daniela Vidart, 2021, "Human Capital Investment and Development: The Role of On-the-job Training," Working papers, University of Connecticut, Department of Economics, number 2021-10, May, revised Aug 2022.
• Andreas Joseph & Christiane Kneer & Neeltje van Horen, 2021, "All You Need Is Cash: Corporate Cash Holdings and Investment after the Global Financial Crisis," CESifo Working Paper Series, CESifo, number 9053.
• Eduardo Levi Yeyati & Juan Francisco Gómez, 2021, "The cost of holding foreign exchange reserves," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 48, Mar.
• Uhlig, Harald & Xie, Taojun, 2020, "Parallel Digital Currencies and Sticky Prices," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15619, Dec.
• Bibiana Lanzilotta & Juan Gabriel Brida & Lucía Rosich, 2021, "Common trends in producers’ expectations, the nonlinear linkage with Uruguayan GDP and its implications in economic growth forecasting," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 62, Apr.
• Jung, Alexander & Kühl, Patrick, 2021, "Can central bank communication help to stabilise inflation expectations?," Working Paper Series, European Central Bank, number 2547, May.
• Paul J.J. Welfens & Kaan Celebi, 2021, "FDI Globalization and the New Phillips Curve: Role of Multinational Companies and Institutional Changes," EIIW Discussion paper, Universitätsbibliothek Wuppertal, University Library, number disbei301, Apr.
• Repullo, Rafael, 2020, "The Deposits Channel of Monetary Policy: A Critical Review," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15553, Dec.
• Audra Bowlus & Émilien Gouin-Bonenfant & Huju Liu & Lance Lochner & Youngmin Park, 2021, "Four Decades of Canadian Earnings Inequality and Dynamics across Workers and Firms," NBER Working Papers, National Bureau of Economic Research, Inc, number 28757, May.
• Schularick, Moritz & Jordà , Ã’scar & Kornejew, Martin & Taylor, Alan M., 2020, "Zombies at large? Corporate debt overhang and the macroeconomy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15518, Dec.
• Piergiorgio Alessandri & Andrea Gazzani & Alejandro Vicondoa, 2021, "The real effects of financial uncertainty shocks: A daily identification approach," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 61, Apr.
• Yum, Minchul, 2020, "Parental Time Investment and Intergenerational Mobility," MPRA Paper, University Library of Munich, Germany, number 107588, Nov.
• Rebelo, Sérgio & Anderson, Eric & Wong, Arlene, 2020, "Markups Across Space and Time," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15513, Dec.
• Lancia, Francesco & Russo, Alessia & Worrall, Tim S, 2020, "Optimal Sustainable Intergenerational Insurance," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15540, Dec.
• Fernando Zarzosa Valdivia, 2020, "Dinámica inflacionaria argentina pre-COVID 19: un mundo minado de outliers," Asociación Argentina de Economía Política: Working Papers, Asociación Argentina de Economía Política, number 4428, Nov.
• Jan de Loecker & Jan Eeckhout & Simon Mongey, 2021, "Quantifying market power and business dynamism in the macroeconomy," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1778, Apr.
• Bettendorf, Timo & Jochem, Axel, 2021, "What drives the German TARGET balances? Evidence from a BVAR approach," Discussion Papers, Deutsche Bundesbank, number 12/2021.
• Yuxi Yao, 2021, "Accounting for the Decline in Homeownership among the Young," GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit, number GRU_2021_010, Apr.
• Wenxin Du & Jesse Schreger, 2021, "CIP Deviations, the Dollar, and Frictions in International Capital Markets," NBER Working Papers, National Bureau of Economic Research, Inc, number 28777, May.
• Hall, Robert & Kudlyak, Marianna, 2022, "The Inexorable Recoveries of Unemployment," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15646, Jun.
• Ilzetzki, Ethan & Jin, Keyu, 2021, "The Puzzling Change in the International Transmission of U.S. Macroeconomic Policy Shocks," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15740, Jan.
• Ignacio Galará, 2021, "Miopes y pesimistas: ¿Cómo forman sus expectativas de inflación los argentinos? Revisión empírica de un modelo teórico agregado de expectativas con sesgos de información. Estudio del caso argentino," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 37, Mar.
• Eduardo Levi Yeyati & Martín Montané & Luca Sartorio, 2021, "What works for active labor market policies?," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 43, Mar.
• Kilian Huber & Volker Lindenthal & Fabian Waldinger, 2021, "Discrimination, Managers, and Firm Performance: Evidence from “Aryanizations” in Nazi Germany," NBER Working Papers, National Bureau of Economic Research, Inc, number 28766, May.
• Peydró, José-Luis & Jiménez, Gabriel & Martinez-Miera, David, 2020, "Who truly bears (bank) taxes? Evidence from only shifting statutory incidence," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15519, Dec.
• Oliver Pfauti, 2021, "Inflation -- who cares? Monetary Policy in Times of Low Attention," Papers, arXiv.org, number 2105.05297, May, revised Oct 2023.
• Daniela Vidart, 2021, "Human Capital, Female Employment, and Electricity: Evidence from the Early 20th Century United States," Working papers, University of Connecticut, Department of Economics, number 2021-08, May, revised Sep 2022.
• Vissing-Jørgensen, Annette, 2020, "Informal Central Bank Communication," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15603, Dec.
• Rodríguez-Pose, Andrés & Barbero Jiménez, Javier & Madras, Giovanni & Rodríguez-Crespo, Ernesto, 2021, "Quality of government and regional trade: Evidence from European Union regions," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15667, Jan.
• Cristina Mastropasqua & Alessandro Intonti & Michael Jennings & Clara Mandolini & Massimo Maniero & Stefano Vespucci, 2021, "T2S - TARGET2-Securities - The Pan-European Platform for the Settlement of Securities in Central Bank Money," Mercati, infrastrutture, sistemi di pagamento (Markets, Infrastructures, Payment Systems), Bank of Italy, Directorate General for Markets and Payment System, number 4, May.
• Tertilt, Michèle & Exler, Florian & Livshits, Igor & MacGee, Jim, 2020, "Consumer Credit with Over-Optimistic Borrowers," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15570, Dec.
• Avichai Snir & Haipeng Allan Chen & Daniel Levy, 2021, "Stuck at Zero: Price Rigidity in a Runaway Inflation," Post-Print, HAL, number hal-03213312.
• Sandri, Damiano & Caselli, Francesca & Grigoli, Francesco & Spilimbergo, Antonio, 2020, "Mobility under the COVID-19 Pandemic: Asymmetric Effects across Gender and Age," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15592, Dec.
• Kilian, Lutz & Inoue, Atsushi, 2020, "The Role of the Prior in Estimating VAR Models with Sign Restrictions," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15545, Dec.
• Pascali, Luigi & Basu, Susanto & Schiantarelli, Fabio & Servén, Luis, 2020, "Productivity and the Welfare of Nations," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15600, Dec.
• European Fiscal Board (EFB), 2020, "Assessment of the fiscal stance appropiate for the euro area in 2021," Reports, European Fiscal Board, number 2020, Jul.
• Patrick Macnamara & Myroslav Pidkuyko & Raffaele Rossi, 2021, "Marginal tax changes with risky investment," Working Papers, Banco de España, number 2116, Apr.
• Remy Levin & Daniela Vidart, 2021, "Risk-Taking Adaptation to Macroeconomic Experiences," Working papers, University of Connecticut, Department of Economics, number 2021-09, May, revised Nov 2023.
• Bernardo Morais & Gaizka Ormazabal & José-Luis Peydró & Mónica Roa & Miguel Sarmiento, 2021, "Forward Looking Loan Provisions: Credit Supply and Risk-Taking," Borradores de Economia, Banco de la Republica de Colombia, number 1159, May, DOI: https://doi.org/10.32468/be.1159.
• de Ferra, Sergio & Romei, Federica & Mitman, Kurt, 2021, "Why Does Capital Flow from Equal to Unequal Countries?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15647, Jan.
• Bianchi, Francesco & Bianchi, Giada & Song, Dongho, 2020, "The Long-Term Impact of the COVID-19 Unemployment Shock on Life Expectancy and Mortality Rates," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15605, Dec.
• Ella Hugo & David A. Savage & Benno Torgler, 2021, "“Grease” or “Sand” the Wheels of Economic Development: A Meta-Analysis of Corruption," CREMA Working Paper Series, Center for Research in Economics, Management and the Arts (CREMA), number 2021-19, May.
• European Fiscal Board (EFB), 2019, "2019 annual report of the European Fiscal Board," Annual reports, European Fiscal Board, number 2019, Oct.
• Mion, Giordano & Jacob, Nick, 2020, "The UK's Great Demand and Supply Recession," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15516, Dec.
• European Fiscal Board (EFB), 2019, "Assessment of the fiscal stance appropiate for the euro area in 2020," Reports, European Fiscal Board, number 20192, Jun.
• Serena Merrino, 2021, "State-dependent fiscal multipliers and financial dynamics: An impulse response analysis by local projections for South Africa," WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER), number wp-2021-77.
• Eduardo Levi Yeyati & Federico Sturzenegger, 2021, "A balance-sheet approach to fiscal sustainability," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 55, Apr.
• Wagner, Wolf & Lambert, Thomas & Zhang, Eden Quxian, 2020, "Banks, Political Capital, and Growth," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15612, Dec.
• Emily Johnston-Ross & Song Ma & Manju Puri, 2021, "Private Equity and Financial Stability: Evidence from Failed Bank Resolution in the Crisis," NBER Working Papers, National Bureau of Economic Research, Inc, number 28751, May.
• Minford, Patrick & Ou, Zhirong & Zhu, Zheyi, 2020, "Is there consumer risk-pooling in the open economy? The evidence reconsidered," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15550, Dec.
• Francisco Roldán, 2021, "The aggregate-demand doom loop: Precautionary motives and the welfare costs of sovereign risk," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 58, Apr.
• Boppart, Timo & Harmenberg, Karl & Hassler, John & Krusell, Per & Olsson, Jonna, 2020, "Integrated epi-econ assessment," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15595, Dec.
• Bańbura, Marta & Brenna, Federica & Paredes, Joan & Ravazzolo, Francesco, 2021, "Combining Bayesian VARs with survey density forecasts: does it pay off?," Working Paper Series, European Central Bank, number 2543, May.
• Pengfei Han & Zhu Wang, 2021, "Technology Adoption and Leapfrogging: Racing for Mobile Payments," Working Paper, Federal Reserve Bank of Richmond, number 21-05, Mar, DOI: 10.21144/wp21-05.
• Razin, Assaf, 2021, "Globalization and Global Crises: Rest of the World vs. Israel," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15643, Jan.
• Dilger, Alexander, 2021, "Kapitalwert bei Null- und Negativzinsen," Discussion Papers of the Institute for Organisational Economics, University of Münster, Institute for Organisational Economics, number 4/2021.
• Benjamin Schoefer & Oren Ziv, 2021, "Productivity, Place, and Plants," NBER Working Papers, National Bureau of Economic Research, Inc, number 28772, May.
• Cazotto, Gabriel & Araujo, Lyanna, 2020, "Os Impactos Das Exportações Nos Setores Agropecuário E Industrial Pelo Covid-19
  [The Impacts Of Exports In Brazil'S Agribusiness And Industrial Sector Due Covid-19]," MPRA Paper, University Library of Munich, Germany, number 107675, Dec.
• Vives, Xavier & Azar, José, 2020, "General Equilibrium Oligopoly and Ownership Structure," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15499, Nov.
• Matthias Birkner & Niklas Scheuer & Klaus Wälde, 2021, "The Dynamics of Pareto Distributed Wealth in a Small Open Economy," CESifo Working Paper Series, CESifo, number 9058.
• Prados de la Escosura, Leandro & Santiago-Caballero, Carlos, 2020, "The Napoleonic Wars: A Watershed in Spanish History," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15616, Dec.
• Binzel, Christine & Link, Andreas & Ramachandran, Rajesh, 2021, "Language, Knowledge, and Growth: Evidence from Early Modern Europe," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15454, Jun.
• European Fiscal Board (EFB), 2019, "Assessment of EU fiscal rules with a focus on the six and two-pack legislation," Reports, European Fiscal Board, number 2019, Aug.
• Saccal, Alessandro, 2019, "The mercantile dilemma: formalisations and historical conclusions," MPRA Paper, University Library of Munich, Germany, number 107639, Jul.
• Broer, Tobias & Krusell, Per & Öberg, Erik, 2021, "Fiscal Multipliers: A Heterogeneous-Agent Perspective," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15685, Jan.
• María José Catalán & Emilse Vargas Ochuza, 2020, "Análisis del Comportamiento Fiscal de las Provincias Argentinas," Asociación Argentina de Economía Política: Working Papers, Asociación Argentina de Economía Política, number 4423, Nov.
• Peter Jarrett, 2021, "Improving the well-being of Canadians," OECD Economics Department Working Papers, OECD Publishing, number 1669, May, DOI: 10.1787/6ab6b718-en.
• Pellizzari, Michele & De Giorgi, Giacomo & Rodríguez Barraquer, Tomás, 2020, "An Estimable Model of Production Interactions in Endogenous Networks," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15461, Nov.
• Alexander Chaudhry & Anneke Kosse & Karen Sondergard, 2021, "Behaviour in the Canadian large-value payment system: COVID-19 vs. the global financial crisis," Staff Analytical Notes, Bank of Canada, number 2021-7, May, DOI: 10.34989/san-2021-7.
• Itskhoki, Oleg, 2020, "The Story of the Real Exchange Rate," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15572, Dec.
• -, 2021, "United States economic outlook: 2020 in review and early 2021 developments," Oficina de la CEPAL en Washington (Estudios e Investigaciones), Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 46851, May.
• Woodford, Michael & Azeredo da Silveira, Rava & Sung, Yeji, 2020, "Optimally Imprecise Memory and Biased Forecasts," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15459, Nov.

Report NEP-MAC-2021-05-17

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: