Report NEP-MAC-2021-08-23

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:

• Philippe Andrade & Jordi Gali & Hervé Le Bihan & Julien Matheron, 2021, "Should the ECB Adjust its Strategy in the Face of a Lower r*?," Working papers, Banque de France, number 811.
• Hervé Le Bihan & Magali Marx & Julien Matheron, 2021, "Inflation tolerance ranges in the New Keynesian model," Working papers, Banque de France, number 820.
• William Chen & Gregory Phelan, 2021, "Should Monetary Policy Target Financial Stability?," Department of Economics Working Papers, Department of Economics, Williams College, number 2021-12, Aug, DOI: 10.36934/wecon:2021-12.
• Hannah Magdalena Seidl & Fabian Seyrich, 2021, "Unconventional Fiscal Policy in HANK," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1953.
• Biagio Bossone, 2021, "Bank Seigniorage in a Monetary Production Economy," Working Papers, Post Keynesian Economics Society (PKES), number PKWP2111, Aug.
• De Grauwe, Paul & Foresti, Pasquale, 2020, "Animal spirits and fiscal policy," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 103500, Mar.
• Chiara Punzo & Lorenza Rossi, 2021, "Is a Money-financed Fiscal Stimulus Desirable?," Working papers, Banque de France, number 818.
• Vadim Elenev & Tim Landvoigt & Patrick J. Shultz & Stijn Van Nieuwerburgh, 2021, "Can Monetary Policy Create Fiscal Capacity?," NBER Working Papers, National Bureau of Economic Research, Inc, number 29129, Aug.
• Mikhail Chernov & Lars A. Lochstoer & Dongho Song, 2021, "The Real Channel for Nominal Bond-Stock Puzzles," NBER Working Papers, National Bureau of Economic Research, Inc, number 29085, Jul.
• William Chen & Gregory Phelan, 2021, "Liquidity Provision and Financial Stability," Department of Economics Working Papers, Department of Economics, Williams College, number 2021-11, Aug, DOI: 10.36934/wecon:2021-11.
• Jing Tian & Jan P.A.M. Jacobs & Denise R. Osborn, 2021, "Multivariate decompositions and seasonal gender employment," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2021-72, Aug.
• Jang-Ting Guo & Yan Zhang, 2021, "Tax Policy and Aggregate Stability in an Overlapping Generations Model," Working Papers, University of California at Riverside, Department of Economics, number 202112, Aug.
• Gauti B. Eggertsson & Cosimo Petracchi, 2021, "Mr. Keynes and the “Classics”; A Suggested Reinterpretation," NBER Working Papers, National Bureau of Economic Research, Inc, number 29158, Aug.
• Stefan Gebauer, 2021, "Welfare-Based Optimal Macroprudential Policy with Shadow Banks," Working papers, Banque de France, number 817.
• Тулеуов Олжас // Tuleuov Olzhas & Багжанов Бекжан // Bagzhanov Bekzhan & Жузбаев Адам // Zhuzbayev Adam, 2021, "Роль фискальной политики в ценовой (не)стабильности в Казахстане: эмпирическая оценка и механизм макроэкономической балансировки // Role of the Fiscal Policy in the Price (In) Stability in Kazakhstan: Empiric Assessment and Macroeconomic Equilibratin," Working Papers, National Bank of Kazakhstan, number #2021-3.
• José Dorich & Rhys R. Mendes & Yang Zhang, 2021, "The Bank of Canada’s “Horse Race” of Alternative Monetary Policy Frameworks: Some Interim Results from Model Simulations," Discussion Papers, Bank of Canada, number 2021-13, Aug, DOI: 10.34989/sdp-2021-13.
• International Monetary Fund, 2021, "Guinea: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guinea," IMF Staff Country Reports, International Monetary Fund, number 2021/146, Jul.
• Martin Ravallion, 2021, "Macroeconomic Misery by Levels of Income in America," NBER Working Papers, National Bureau of Economic Research, Inc, number 29050, Jul.
• Den Haan, Wouter J. & Freund, Lukas & Kaerner Rendahl, Pontus, 2021, "Volatile hiring: uncertainty in search and matching models," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 111568, Oct.
• International Monetary Fund, 2021, "Germany: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Germany," IMF Staff Country Reports, International Monetary Fund, number 2021/153, Jul.
• Daniele Siena & Riccardo Zago, 2021, "Job Polarization and the Flattening of the Price Phillips Curve," Working papers, Banque de France, number 819.
• André Kurmann & Etienne Lalé & Lien Ta, 2021, "The Impact of COVID-19 on Small Business Dynamics and Employment: Real-time Estimates With Homebase Data," School of Economics Working Paper Series, LeBow College of Business, Drexel University, number 2021-15, Jul.
• Jiranyakul, Komain, 2020, "Government Expenditures and Economic Growth: A Cointegration Analysis for Thailand under the Floating Exchange Rate Regime," MPRA Paper, University Library of Munich, Germany, number 109054, May.
• Barbara Annicchiarico & Stefano Carattini & Carolyn Fischer & Garth Heutel, 2021, "Business Cycles and Environmental Policy: Literature Review and Policy Implications," NBER Working Papers, National Bureau of Economic Research, Inc, number 29032, Jul.
• Jagjit S. Chadha & Hande Kucuk & Adrian Pabst, 2021, "Designing a New Fiscal Framework: Understanding and Confronting Uncertainty," National Institute of Economic and Social Research (NIESR) Occasional Papers, National Institute of Economic and Social Research, number 61, Apr.
• Philipp F. M. Baumann & Enzo Rossi & Alexander Volkmann, 2021, "What drives inflation and how? Evidence from additive mixed models selected by cAIC," Working Papers, Swiss National Bank, number 2021-12.
• Jonathan Benchimol & Sophia Kazinnik & Yossi Saadon, 2021, "Federal Reserve Communication and the COVID-19 Pandemic," Bank of Israel Working Papers, Bank of Israel, number 2021.15, Jul.
• Hulya Saygili, 2021, "How do Real and Monetary Integrations Affect Inflation Dynamics in Turkey?," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 2121.
• International Monetary Fund, 2021, "Central African Economic and Monetary Community: Common Policies in Support of Member Countries Reform Programs-Staff Report; and Statement by the Executive Director," IMF Staff Country Reports, International Monetary Fund, number 2021/148, Jul.
• Massimo Ferrari & Maria Sole Pagliari, 2021, "No country is an island. International cooperation and climate change," Working papers, Banque de France, number 815.
• International Monetary Fund, 2021, "Singapore: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Singapore," IMF Staff Country Reports, International Monetary Fund, number 2021/156, Jul.
• Luca Benati, 2021, "Long-Run Evidence on the Quantity Theory of Money," Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft, number dp2110, Jun.
• Nansha, Kevin, 2021, "Interaction entre la croissance économique, l’inflation et le taux de change au kenya
  [Interaction between economic growth, inflation and exchange rate in kenya]," MPRA Paper, University Library of Munich, Germany, number 109246, Aug.
• Josep Ferret Mas & Alexander Mihailov, 2021, "Green Quantitative Easing as Intergenerational Climate Justice: On Political Theory and Pareto Efficiency in Reversing Now Human-Caused Environmental Damage," Economics Discussion Papers, Department of Economics, University of Reading, number em-dp2021-16, Aug.
• Hilscher, Jens & Raviv, Alon & Reis, Ricardo, 2022, "Inflating away the public debt? An empirical assessment," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 107543, Mar.
• Mikkel Plagborg-Møller & Christian K. Wolf, 2021, "Instrumental Variable Identification of Dynamic Variance Decompositions," NBER Working Papers, National Bureau of Economic Research, Inc, number 29044, Jul.
• Marie-Pierre Hory & Grégory Levieuge & Daria Onori, 2021, "Public spending, currency mismatch and financial frictions," Working papers, Banque de France, number 813.
• Serena Ng, 2021, "Modeling Macroeconomic Variations after Covid-19," NBER Working Papers, National Bureau of Economic Research, Inc, number 29060, Jul.
• Alejandra Bellatin & Gabriela Galassi, 2021, "Canadian job postings in digital sectors during COVID-19," Staff Analytical Notes, Bank of Canada, number 2021-18, Aug, DOI: 10.34989/san-2021-18.
• Sacchetto, Camilla & Daniel, Egas & Danquah, Michael & Telli, Henry, 2020, "Informality and Covid-19 in sub-Sarahan Africa," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 111562, Oct.
• International Monetary Fund, 2021, "Saudi Arabia: 2021 Article IV Consultation-Press Release; and Staff Report," IMF Staff Country Reports, International Monetary Fund, number 2021/149, Jul.
• André Kurmann & Étienne Lalé & Lien Ta, 2021, "The Impact of COVID-19 on Small Business Dynamics and Employment: Real-time Estimates With Homebase Data," CIRANO Working Papers, CIRANO, number 2021s-26, Aug.
• Andrés Fernández & Daniel Guzman & Ruy E. Lama & Carlos A. Vegh, 2021, "Procyclical Fiscal Policy and Asset Market Incompleteness," NBER Working Papers, National Bureau of Economic Research, Inc, number 29149, Aug.
• Xavier Giroud & Simone Lenzu & Quinn Maingi & Holger Mueller, 2021, "Propagation and Amplification of Local Productivity Spillovers," NBER Working Papers, National Bureau of Economic Research, Inc, number 29084, Jul.
• Angelo M. Fasolo & Flávia M. Graminho & Saulo B. Bastos, 2021, "Seeing the Forest for the Trees: using hLDA models to evaluate communication in Banco Central do Brasil," Working Papers Series, Central Bank of Brazil, Research Department, number 555, Aug.
• Philippe Bacchetta & Rachel Cordonier & Ouarda Merrouche, 2021, "The rise in foreign currency bonds: the role of US monetary policy and capital controls," Working Papers, Swiss National Bank, number 2021-11.
• Fabio Ortega-Castro & Freddy Cepeda-López & Constanza Martínez-Ventura, 2021, "Heterogeneidad en el uso de las fuentes de liquidez intradía en el sistema de pagos de alto valor," Borradores de Economia, Banco de la Republica de Colombia, number 1166, Aug, DOI: 10.32468/be.1166.
• Annika Camehl & Malte Rieth, 2021, "Disentangling Covid-19, Economic Mobility, and Containment Policy Shocks," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1954.
• Gabriel Chodorow-Reich & Adam M. Guren & Timothy J. McQuade, 2021, "The 2000s Housing Cycle With 2020 Hindsight: A Neo-Kindlebergerian View," NBER Working Papers, National Bureau of Economic Research, Inc, number 29140, Aug.
• Phurichai Rungcharoenkitkul, 2021, "Macroeconomic effects of Covid-19: a mid-term review," BIS Working Papers, Bank for International Settlements, number 959, Aug.
• International Monetary Fund, 2021, "Greece: 2021 Article IV Consultation-Press Release; and Staff Report," IMF Staff Country Reports, International Monetary Fund, number 2021/154, Jul.
• International Monetary Fund, 2021, "Republic of Estonia: 2021 Article IV Consultation-Press Release; and Staff Report," IMF Staff Country Reports, International Monetary Fund, number 2021/160, Jul.
• Khouiled, Brahim & Sellami, Ahmed & Saheb, Oualid, 2019, "معدلات التضخم المحفزة للنمو الاقتصادي : مقاربة نموذج العتبة من الجزائر
  [Growth-stimulating inflation rates: threshold model approach from Algeria]," MPRA Paper, University Library of Munich, Germany, number 109024, Dec.
• Sacchetto, Camilla & Logan, Sarah & Collier, Paul & Kriticos, Sebastian, 2021, "Strengthening development finance in fragile contexts," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 111560, Mar.
• International Monetary Fund, 2021, "Timor-Leste: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Timor-Leste," IMF Staff Country Reports, International Monetary Fund, number 2021/152, Jul.
• Javidanrad, Farzad, 2021, "Paradox of Monetary Profit, Shortage of Money in Circulation & Financialisation," The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics, number 1365.
• Filippo Gusella & Anna Maria Variato, 2021, "Financial Instability and Income Inequality: why the connection Minsky-Piketty matters for Macroeconomics," Working Papers - Economics, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa, number wp2021_15.rdf.
• Brewer, Mike & Tasseva, Iva, 2021, "Did the UK policy response to Covid-19 protect household incomes?," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 110512, Sep.
• Logan, Sarah & Isaac, Chris, 2021, "AgDevCo in Malawi: a case study of the higher costs and impact of investing in challenging contexts," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 111561, Mar.
• Diego Alejandro Martínez-Cruz, 2021, "Indicador Combinado de Liquidez para la Deuda Pública Local Colombiana," Borradores de Economia, Banco de la Republica de Colombia, number 1167, Aug, DOI: 10.32468/be.1167.
• Marjit, Sugata & Mandal, Biswajit, 2021, "Monopolistic Competition, Optimum Product Diversity, and International Trade - The Role of Factor Endowment and Factor Intensities," GLO Discussion Paper Series, Global Labor Organization (GLO), number 911.
• Alice Henriques Volz & Jeffrey P. Thompson, 2021, "A New Look at Racial Disparities Using a More Comprehensive Wealth Measure," Current Policy Perspectives, Federal Reserve Bank of Boston, number 92970, Aug.
• Ryo Kato & Tatsushi Okuda & Takayuki Tsuruga, 2020, "Sectoral inflation persistence, market concentration, and imperfect common knowledge," ISER Discussion Paper, Institute of Social and Economic Research, The University of Osaka, number 1082r, Mar, revised Aug 2021.
• Ilzetzki, Ethan & Reinhart, Carmen M. & Rogoff, Kenneth S., 2020, "Why is the Euro punching below it’s weight?," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 104100, Jul.
• Dikau, Simon & Volz, Ulrich, 2021, "Central bank mandates, sustainability objectives and the promotion of green finance," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 109302, Jun.
• Brendan Epstein & Miles S. Kimball, 2021, "The Decline of Drudgery and the Paradox of Hard Work," NBER Working Papers, National Bureau of Economic Research, Inc, number 29041, Jul.
• International Monetary Fund, 2021, "St. Vincent and the Grenadines: Request for Disbursement Under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for St. Vincent and the Grenadines," IMF Staff Country Reports, International Monetary Fund, number 2021/157, Jul.
• Grupo de Estudios Fiscales y de Equidad & Grupo Contod@s & Centro de Pensamiento de Pol�tica Fiscal, 2021, "Proyecto de inversión social: análisis de las implicaciones del segundo proyecto de reforma tributaria," Econógrafos, Escuela de Economía, Universidad Nacional de Colombia, FCE, CID, number 19456, Aug.
• Papalexatou, Chrysoula, 2021, "The evolution of bank-state ties under economic adjustment programmes: the case of Greece," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 111526, Aug.
• Mathilde Gerardin & Martial Ranvier, 2021, "Enrichment of the Banque de France s monthly business survey: lessons from textual analysis of business leaders comments," Working papers, Banque de France, number 821.
• Rui (Aruhan) Shi, 2021, "Learning from Zero: How to Make Consumption-Saving Decisions in a Stochastic Environment with an AI Algorithm," CESifo Working Paper Series, CESifo, number 9255.
• Charles I. Jones, 2021, "The Past and Future of Economic Growth: A Semi-Endogenous Perspective," NBER Working Papers, National Bureau of Economic Research, Inc, number 29126, Aug.
• Ulrike Malmendier, 2021, "Experience Effects in Finance: Foundations, Applications, and Future Directions," NBER Working Papers, National Bureau of Economic Research, Inc, number 29074, Jul.
• Martin S. Eichenbaum & Sergio Rebelo & Mathias Trabandt, 2021, "Inequality in Life and Death," NBER Working Papers, National Bureau of Economic Research, Inc, number 29063, Jul.
• Ibrahim A. Adekunle & Olumuyiwa G. Yinusa & Tolulope O. Williams & Rahmon A. Folami, 2021, "On the Determinant of Financial Development in Africa: Geography, Institutions and Macroeconomic Policy Relevance," Working Papers of the African Governance and Development Institute., African Governance and Development Institute., number 21/054, Jan.
• Ibrahim A. Adekunle & Olumuyiwa G. Yinusa & Tolulope O. Williams & Rahmon A. Folami, 2021, "On the Determinant of Financial Development in Africa: Geography, Institutions and Macroeconomic Policy Relevance," Working Papers, European Xtramile Centre of African Studies (EXCAS), number 21/054, Jan.
• Nicolae-Bogdan IANC & Adrian-Marius IONESCU, 2021, "Do Central and Eastern Countries benefit from ECB’s unconventional monetary policies?," LEO Working Papers / DR LEO, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans, number 2898.
• Michael Barnett & William Brock & Lars P. Hansen, 2021, "Climate Change Uncertainty Spillover in the Macroeconomy," NBER Working Papers, National Bureau of Economic Research, Inc, number 29064, Jul.
• International Monetary Fund, 2021, "Honduras: Technical Assistance Report–Fiscal Transparency Evaluation," IMF Staff Country Reports, International Monetary Fund, number 2021/150, Jul.
• Marcelo Randolfo da Costa Januário & Mauro Sayar Ferreira, 2021, "Global shocks and trade response of a commodity exporter small open economy: Terms of Trade, J-Curve and the Marshall-Lerner Condition," Textos para Discussão Cedeplar-UFMG, Cedeplar, Universidade Federal de Minas Gerais, number 635, Aug.
• Giancarlo Corsetti & Anna Lipínska & Giovanni Lombardo, 2021, "Sharing asymmetric tail risk smoothing, asset pricing and terms of trade," BIS Working Papers, Bank for International Settlements, number 958, Aug.
• Renee van Eyden & Rangan Gupta & Jacobus Nel & Elie Bouri, 2021, "Rare Disaster Risks and Volatility of the Term-Structure of US Treasury Securities: The Role of El Nino and La Nina Events," Working Papers, University of Pretoria, Department of Economics, number 202155, Aug.
• Ibrahim A. Adekunle & Abayomi T. Onanuga & Ibrahim A. Odusanya, 2021, "Financial Integration and Growth Outcomes in Africa: Experience of the Trade Blocs," Working Papers of the African Governance and Development Institute., African Governance and Development Institute., number 21/052, Jan.
• Ibrahim A. Adekunle & Abayomi T. Onanuga & Ibrahim A. Odusanya, 2021, "Financial Integration and Growth Outcomes in Africa: Experience of the Trade Blocs," Working Papers, European Xtramile Centre of African Studies (EXCAS), number 21/052, Jan.
• Scott R. Baker & Lorenz Kueng, 2021, "Household Financial Transaction Data," NBER Working Papers, National Bureau of Economic Research, Inc, number 29027, Jul.
• Kekelidze, Lia, 2021, "Инвестиционната Среда И Проблемите На Придобиването На Собственост Върху Недвижими Имоти В Грузия От Инвеститори
  [The investment environment and the problems of origination of Investors’ ownership over real estate in Georgia]," MPRA Paper, University Library of Munich, Germany, number 109051.
• Imane El Ouadghiri & Remzi Uctum, 2020, "Macroeconomic expectations and time varying heterogeneity: Evidence from individual survey data," Post-Print, HAL, number hal-03319091, DOI: 10.1080/00036846.2019.1691713.
• Askandarou Diallo & Luc Jacolin & Isabelle Rabaud, 2021, "Foreign Direct Investment and Domestic Private Investment in Sub-Saharan African Countries: Crowding-In or Out ?," Working papers, Banque de France, number 816.
• Bardt, Hubertus & Diermeier, Matthias & Grömling, Michael & Hüther, Michael & Obst, Thomas, 2021, "Lieferengpässe und Preisentwicklungen bei Rohstoffen und Vorleistungen: Corona Echo Effekte oder "here to stay"?," IW-Reports, Institut der deutschen Wirtschaft (IW) / German Economic Institute, number 27/2021.
• Bardt, Hubertus & Hüther, Michael & Klös, Hans-Peter, 2021, "Modernisierung durch Investition," IW-Reports, Institut der deutschen Wirtschaft (IW) / German Economic Institute, number 22/2021.
• Eswar Prasad, 2020, "New and evolving financial technologies implications for monetary policy and financial stability in Latin America," Documentos de trabajo, FLAR, number 19463, May.
• Mario Holzner & Roman Römisch, 2021, "Public Services and Liveability in European Cities in Comparison," wiiw Policy Notes, The Vienna Institute for International Economic Studies, wiiw, number 52, Aug.
• Marla Ripoll, 2021, "The Full Recession: Private Versus Social Costs of COVID-19," Working Paper, Department of Economics, University of Pittsburgh, number 7143, Jan.
• Otegui Banno, Santiago & Calá, Carla Daniela, 2020, "Elementos para explicar la resiliencia de las regiones ante las crisis económicas ¿Qué es más relevante: la estructura industrial o la competitividad regional?," Nülan. Deposited Documents, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación, number 3465, Nov.

Report NEP-MAC-2021-08-23

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: