Report NEP-MAC-2021-07-19

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:

• Kyle Dempsey & Felicia Ionescu, 2021, "Lending Standards and Borrowing Premia in Unsecured Credit Markets," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2021-039, Jun, DOI: 10.17016/FEDS.2021.039.
• Mosley, Max, 2021, "The importance of being earners: Modelling the implications of changes to welfare contributions on macroeconomic recovery," MPRA Paper, University Library of Munich, Germany, number 108620, Jun.
• Alejandro Van der Ghote & Luc Laeven & Victoria Vanasco & Alberto Martin & Vladimir Asriyan, 2021, "Falling Interest Rates and Credit Misallocation: Lessons from General Equilibrium," Working Papers, Barcelona School of Economics, number 1268, Jul.
• Javier García-Cicco, 2021, "Alternative Monetary-Policy Instruments and Limited Credibility: An Exploration," BCRA Working Paper Series, Central Bank of Argentina, Economic Research Department, number 202191, Apr.
• Federico Di Pace & Christoph Görtz, 2021, "Monetary Policy, Sectoral Comovement and the Credit Channel," CESifo Working Paper Series, CESifo, number 9142.
• Mohammed Ait Lahcen & Garth Baughman & Stanislav Rabinovich & Hugo van Buggenum, 2021, "Nonlinear Unemployment Effects of the Inflation Tax," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2021-040, Jun, DOI: 10.17016/FEDS.2021.040.
• Ha, Jongrim & Kose, M. Ayhan & Ohnsorge, Franziska, 2021, "Inflation During the Pandemic: What Happened? What is Next?," MPRA Paper, University Library of Munich, Germany, number 108677, Jul.
• André Teixeira & Zoë Venter, 2021, "Macroprudential Policy and Aggregate Demand," Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa, number 2021/0181, Jun.
• Tweneboah Senzu, Emmanuel, 2021, "Eco-currency: Proposition of a monetary policy design for a unitary currency program of a frailty economic zone," MPRA Paper, University Library of Munich, Germany, number 108527, Feb.
• Hülsewig, Oliver & Rottmann, Horst, 2021, "Euro area periphery countries' fiscal policy and monetary policy surprises," Weidener Diskussionspapiere, University of Applied Sciences Amberg-Weiden (OTH), number 81.
• Eduardo de Sá Fortes Leitão Rodrigues, 2021, "Uncertainty and Effectiveness of Public Consumption," Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa, number 2021/0180, Jun.
• Michael D. Bauer & Mikhail Chernov, 2021, "Interest Rate Skewness and Biased Beliefs," CESifo Working Paper Series, CESifo, number 9150.
• Michael D. Bauer & Mikhail Chernov, 2021, "Interest Rate Skewness and Biased Beliefs," NBER Working Papers, National Bureau of Economic Research, Inc, number 28954, Jun.
• George McCandless, 2021, "Monetary Policy Rules," BCRA Working Paper Series, Central Bank of Argentina, Economic Research Department, number 202192, May.
• Tetiana Yukhymenko, 2021, "Role of the Media in the Inflation Expectation Formation Process," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 13-2021, Jun.
• Giuseppe Fiori & Filippo Scoccianti, 2021, "The Economic Effects of Firm-Level Uncertainty: Evidence Using Subjective Expectations," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1320, Jun, DOI: 10.17016/IFDP.2021.1320.
• Fructuoso Borrallo Egea & Pedro del Río López, 2021, "Monetary policy strategy and inflation in Japan," Occasional Papers, Banco de España, number 2116, Jun.
• Antonin Aviat & Frédérique Bec & Claude Diebolt & Catherine Doz & Denis Ferrand & Laurent Ferrara & Eric Heyer & Valérie Mignon & Pierre-Alain Pionnier, 2021, "Dating business cycles in France:A reference chronology," Thema Working Papers, THEMA (Théorie Economique, Modélisation et Applications), CY Cergy-Paris University, ESSEC and CNRS, number 2021-15.
• Koffi, Siméon, 2021, "Analyse de la politique budgétaire en Côte d’ivoire à partir d’une estimation Bayésienne d’un modèle d'Equilibre Général Dynamique Stochastique (DSGE)
  [Analysis of fiscal policy in Côte d’Ivoire using Bayesian estimation of a Dynamic Stochastic Ge," MPRA Paper, University Library of Munich, Germany, number 108751, Jul.
• Jorge Pozo & Youel Rojas, 2021, "Unconventional Credit Policy in an Economy under Zero Lower Bound," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 14-2021, Jul.
• Lutz Kilian & Nikos Nomikos & Xiaoqing Zhou, 2021, "Container Trade and the U.S. Recovery," CESifo Working Paper Series, CESifo, number 9154.
• Ha, Jongrim & Kose, M. Ayhan & Ohnsorge, Franziska, 2021, "One-Stop Source: A Global Database of Inflation," MPRA Paper, University Library of Munich, Germany, number 108678, Jul.
• Rumen Kostadinov & Francisco Roldán, 2021, "Credibility dynamics and inflation expectations," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 76, Jun.
• Johannes Brumm & Xiangyu Feng & Laurence J. Kotlikoff & Felix Kubler, 2021, "Deficit Follies," NBER Working Papers, National Bureau of Economic Research, Inc, number 28952, Jun.
• Aysu Celgin & Elif Akbostanci, 2021, "Constructing an Economic Activity Indicator for Turkey," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 2114.
• Holmberg, Johan, 2021, "Earnings and Employment Dynamics: Capturing Cyclicality using Mixed Frequency Data," Umeå Economic Studies, Umeå University, Department of Economics, number 991, Jun.
• Magnus Reif & Mewael F. Tesfaselassie & Maik H. Wolters, 2021, "Technological Growth and Hours in the Long Run: Theory and Evidence," CESifo Working Paper Series, CESifo, number 9140.
• Makram El-Shagi & Yishuo Ma, 2021, "Nine blind men and the PBoC," CFDS Discussion Paper Series, Center for Financial Development and Stability at Henan University, Kaifeng, Henan, China, number 2021/2, Jul.
• Christiane Baumeister & Danilo Leiva-León & Eric R. Sims, 2021, "Tracking Weekly State-Level Economic Conditions," CESifo Working Paper Series, CESifo, number 9165.
• Christiane Baumeister & Danilo Leiva-Leon & Eric Sims, 2021, "Tracking Weekly State-Level Economic Conditions," Working Papers, University of Pretoria, Department of Economics, number 202151, Jul.
• Matthieu PICAULT & Julien PINTER & Thomas RENAULT, 2021, "Media sentiment on monetary policy: determinants and relevance for inflation expectations," LEO Working Papers / DR LEO, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans, number 2895.
• Pagliacci, Carolina, 2021, "The supply and demand-side impacts of uncertainty shocks. Evidence on advanced and emerging economies," MPRA Paper, University Library of Munich, Germany, number 108739, Mar.
• Ángel Luis Gómez & Ana del Río, 2021, "El impacto desigual de la crisis sanitaria sobre las economías del área del euro en 2020," Occasional Papers, Banco de España, number 2115, Jun.
• Gabriel Michelena, 2021, "A Dynamic Stock-Flow Model for the Argentine Economy," BCRA Working Paper Series, Central Bank of Argentina, Economic Research Department, number 202189, Feb.
• Stephen Millard, & Margarita Rubio & Alexandra Varadi, 2020, "The impact of Covid-19 on productivity," Discussion Papers, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM), number 2020/14.
• Miyake, Yusuke, 2021, "Public capital and childcare capital in the two sector growth model," MPRA Paper, University Library of Munich, Germany, number 108311, Jun.
• EDO Onome Christopher, 2021, "Direct Taxes and Income Redistribution in Nigeria," GATR Journals, Global Academy of Training and Research (GATR) Enterprise, number gjbssr596, Jun, DOI: https://doi.org/10.35609/gjbssr.202.
• Oleg Itskhoki & Dmitry Mukhin, 2021, "Mussa Puzzle Redux," NBER Working Papers, National Bureau of Economic Research, Inc, number 28950, Jun.
• Ángel Luis Gómez & Ana del Río, 2021, "The uneven impact of the health crisis on the euro area economies in 2020," Occasional Papers, Banco de España, number 2115, Jun.
• Emilio Blanco & Laura D’Amato & Fiorella Dogliolo & Lorena Garegnani, 2021, "Nowcast of Macroeconomic Aggregates in Argentina: Comparing the Predictive Capacity of Different Models," BCRA Working Paper Series, Central Bank of Argentina, Economic Research Department, number 202190, Jan.
• Bom, Pedro R.D. & Erauskin, Iñaki, 2021, "Productive government investment and the labor share," MPRA Paper, University Library of Munich, Germany, number 108381, Jun.
• Asger Lau Andersen & Niels Johannesen & Adam Sheridan, 2021, "Dynamic Spending Responses to Wealth Shocks: Evidence from Quasi-lotteries on the Stock Market," CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI), number 21-11, Jul.
• Aizhan Bolatbayeva, 2020, "A Multicountry Macroeconometric Model for the Eurasian Economic Union," NAC Analytica Working Paper, NAC Analytica, Nazarbayev University, number 11, Dec, revised Nov 2021.
• Taiki Murai & Gunther Schnabl, 2021, "Macroeconomic Policy Making and Current Account Imbalances in the Euro Area," CESifo Working Paper Series, CESifo, number 9153.
• Kheng, Veasna & Pan, Lei, 2021, "The evolution of Cambodian current account: A dynamic general equilibrium analysis," MPRA Paper, University Library of Munich, Germany, number 108489.
• Xiaoming Cai & Pieter A. Gautier & Ronald P. Wolthoff, 2021, "Search, Screening and Sorting," CESifo Working Paper Series, CESifo, number 9158.
• Xiaoming Cai & Pieter Gautier & Ronald Wolthoff, 2021, "Search, Screening and Sorting," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 21-058/VI, Jun.
• Tiamiyu, Kehinde A., 2019, "Foreign aid and economic growth: Does non-linearity matter?," MPRA Paper, University Library of Munich, Germany, number 108588, Dec, revised Jul 2109.
• Cai, Xiaoming & Gautier, Pieter A. & Wolthoff, Ronald P., 2021, "Search, Screening and Sorting," IZA Discussion Papers, IZA Network @ LISER, number 14501, Jun.
• Andrej Cupak & Martin Cesnak & Jan Klacso & Martin Suster, 2021, "Fates of indebted households during the Corona crisis: Survey results from Slovakia," Working and Discussion Papers, Research Department, National Bank of Slovakia, number OP 2/2021, Jun.
• Drydakis, Nick, 2021, "Sexual Orientation and Earnings. A Meta-Analysis 2012-2020," IZA Discussion Papers, IZA Network @ LISER, number 14496, Jun.
• António Afonso & José Carlos Coelho, 2021, "Current Account Targeting Hypothesis versus Twin Deficit Hypothesis: the EMU experience of Portugal," Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa, number 2021/0182, Jun.
• Feld, Lars P. & Reuter, Wolf Heinrich, 2021, "The German "debt brake": Success factors and challenges," Freiburg Discussion Papers on Constitutional Economics, Walter Eucken Institut e.V., number 21/10.
• Kheng, Veasna & Pan, Lei, 2021, "The Dollarisation Paradox in Cambodia: Network Externalities Matter," MPRA Paper, University Library of Munich, Germany, number 108712, Jul.
• Hager Ben Romdhane, 2021, "Nowcasting in Tunisia using large datasets and mixed frequency models," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 11-2021, Jun.
• Musgrave, Ralph S., 2021, "Our absurd fractional reserve bank system," MPRA Paper, University Library of Munich, Germany, number 108488, Jun.
• Selcuk Gul & Abdullah Kazdal, 2021, "Nowcasting and Short-term Forecasting Turkish GDP: Factor-MIDAS Approach," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 2111.
• Jake Bradley, 2020, "Worker-firm screening and the business cycle," Discussion Papers, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM), number 2020/11.
• Paolo Gorgi & Siem Jan Koopman & Julia Schaumburg, 2021, "Vector Autoregressions with Dynamic Factor Coefficients and Conditionally Heteroskedastic Errors," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 21-056/III, Jun.
• Knut Anton Mork & Vegard Skonseng Bjerketvedt, 2021, "Soft habits," Working Paper Series, Department of Economics, Norwegian University of Science and Technology, number 18921, Jun.
• Zhao, Guo, 2021, "Determining Capital Structure within Arbitrage-Based Production Framework," MPRA Paper, University Library of Munich, Germany, number 108492, Jun.
• Riko Stevens, 2021, "Arthur Cecil Pigou on Speculation: A Marshallian Analysis of Institutions and Economic Welfare," Economics Discussion / Working Papers, The University of Western Australia, Department of Economics, number 21-15.
• Wilson Quijano & Diego Alejandro Guevara-Casta�eda, 2021, "Desindustrialización: evidencias desde una mirada kaldoriana para Colombia (2005-2017)," Ensayos de Economía, Universidad Nacional de Colombia Sede Medellín, number 19342, Jan.
• Robert Hillman & Sebastian Barnes & George Wharf & Duncan MacDonald, 2021, "A new firm-level model of corporate sector interactions and fragility: The Corporate Agent-Based (CAB) model," OECD Economics Department Working Papers, OECD Publishing, number 1675, Jul, DOI: 10.1787/e9de0097-en.
• David Rivero & Hugo Rodríguez Mendizábal, 2021, "Banking and Inside Money: Revisiting the Efficiency of Deposit Contracts," Working Papers, Barcelona School of Economics, number 1265, Jul.
• Egor Gornostay & Madi Sarsenbayev, 2021, "Overheating debate: Why not in Japan?," Policy Briefs, Peterson Institute for International Economics, number PB21-12, Jun.
• Mahdi Ebrahimi Kahou & Jesús Fernández-Villaverde & Jesse Perla & Arnav Sood, 2021, "Exploiting Symmetry in High-Dimensional Dynamic Programming," NBER Working Papers, National Bureau of Economic Research, Inc, number 28981, Jul.
• Haoyang Liu & Zhaogang Song & James Vickery, 2021, "Defragmenting Markets: Evidence from Agency MBS," Working Papers, Federal Reserve Bank of Philadelphia, number 21-25, Jun, DOI: 10.21799/frbp.wp.2021.25.
• Clemens Fuest & Florian Neumeier & Daniel Stöhlker, 2021, "The Pass-Through of Temporary VAT Rate Cuts: Evidence from German Supermarket Retail," CESifo Working Paper Series, CESifo, number 9149.
• Sebastian Barnes & Robert Hillman & George Wharf & Duncan MacDonald, 2021, "The impact of COVID-19 on corporate fragility in the United Kingdom: Insights from a new calibrated firm-level Corporate Sector Agent-Based (CAB) Model," OECD Economics Department Working Papers, OECD Publishing, number 1674, Jul, DOI: 10.1787/b6805eed-en.
• Anastasiya Ivanova & Alona Shmygel & Ihor Lubchuk, 2021, "The Growth-at-Risk (GaR) Framework: Implication For Ukraine," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 10-2021, Jul.
• Müller, Henrik & Rieger, Jonas & Hornig, Nico, 2021, ""Riders on the storm": The Uncertainty Perception Indicator (UPI) in Q1 2021," DoCMA Working Papers, TU Dortmund University, Dortmund Center for Data-based Media Analysis (DoCMA), number 7, DOI: 10.17877/DE290R-22177.
• Lukas Reiss, 2021, "Fiscal Risk Sharing and Redistribution Between Austrian States," WIFO Working Papers, WIFO, number 629, May.
• Richard Davis & Serena Ng, 2021, "Time Series Estimation of the Dynamic Effects of Disaster-Type Shock," Papers, arXiv.org, number 2107.06663, Jul, revised Mar 2022.
• Xavier Gabaix & Ralph S. J. Koijen, 2021, "In Search of the Origins of Financial Fluctuations: The Inelastic Markets Hypothesis," NBER Working Papers, National Bureau of Economic Research, Inc, number 28967, Jun.
• Tut, Daniel & Cao, Melanie, 2021, "Capital Reallocation and Firm-Level Productivity Under Political Uncertainty," MPRA Paper, University Library of Munich, Germany, number 108528, Jun.
• Ly Dai Hung, 2021, "Steady State Growth of Vietnam Economy," Working Papers, HAL, number hal-03275275, Jun.
• Bremer, Björn & Di Carlo, Donato & Wansleben, Leon, 2021, "The constrained politics of local public investments under cooperative federalism," MPIfG Discussion Paper, Max Planck Institute for the Study of Societies, number 21/4.
• Takao Asano & Akihisa Shibata & Masanori Yokoo, 2021, "Polarization and Permanent Fluctuations: Quasi-Periodic Motions in a Two-Class OLG Model (Revised version with a new title "Quasi-Periodic Motions in a Polarized Overlapping Generations Model with Technology Choice." KIER DP No.1070）," KIER Working Papers, Kyoto University, Institute of Economic Research, number 1063, Jun.
• Rebecca Reubenstein & Asani Sarkar, 2021, "Tailoring Regulations," Liberty Street Economics, Federal Reserve Bank of New York, number 20210712, Jul.
• Adam Copeland & Darrell Duffie & Yilin Yang, 2021, "Reserves Were Not So Ample After All," Staff Reports, Federal Reserve Bank of New York, number 974, Jul.

Report NEP-MAC-2021-07-19

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: