Report NEP-MAC-2021-09-13

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:

• Michalis Nikiforos & Marcio Santetti & Rudiger von Arnim, 2021, "The Sraffian Supermultiplier and Cycles: Theory and Empirics," Economics Working Paper Archive, Levy Economics Institute, number wp_993, Sep.
• Chengcheng Jia & Jing Cynthia Wu, 2021, "Average Inflation Targeting: Time Inconsistency And Intentional Ambiguity," Working Papers, Federal Reserve Bank of Cleveland, number 21-19R, Sep, revised 01 Feb 2022, DOI: 10.26509/frbc-wp-202119r.
• Pablo Ottonello & Diego J. Perez & Paolo Varraso, 2021, "Are Collateral-Constraint Models Ready for Macroprudential Policy Design?," NBER Working Papers, National Bureau of Economic Research, Inc, number 29204, Sep.
• Maëlle VAILLE, 2021, "Central bank balance sheet and systemic risk," Bordeaux Economics Working Papers, Bordeaux School of Economics (BSE), number 2021-15.
• Josué Diwambuena & Raquel Fonseca & Stefan Schubert, 2021, "Italian Labour Frictions and Wage Rigidities in an Estimated DSGE," BEMPS - Bozen Economics & Management Paper Series, Faculty of Economics and Management at the Free University of Bozen, number BEMPS88, Sep.
• José Carlos Coelho & José Alves, 2021, "How inequality drives growth: an investigation of the transmission channels for OECD countries," Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa, number 2021/0194, Sep.
• Marente Vlekke & Martin Mellens & Siem Jan Koopmans, 2020, "An assessment of the Phillips curve over time: evidence for the United States and the euro area," CPB Discussion Paper, CPB Netherlands Bureau for Economic Policy Analysis, number 416, Sep, DOI: 10.34932/9sxf-1876.
• Kovalenko, Tim, 2021, "Uncertainty shocks and employment fluctuations in Germany: The role of establishment size," Discussion Papers, Friedrich-Alexander University Erlangen-Nuremberg, Chair of Labour and Regional Economics, number 119.
• Elgin, Ceyhun & Kose, M. Ayhan & Ohnsorge, Franziska & Yu, Shu, 2021, "Growing Apart or Moving Together? Synchronization of Informal and Formal Economy Cycles," MPRA Paper, University Library of Munich, Germany, number 109492, Aug.
• Gee Hee Hong & Matthew Klepacz & Ernesto Pasten & Raphael Schoenle, 2021, "The Real Effects of Monetary Shocks: Evidence from Micro Pricing Moments," Working Papers, Federal Reserve Bank of Cleveland, number 21-17, Sep, DOI: 10.26509/frbc-wp-202117.
• Ceyhun Elgin & M. Ayhan Kose & Franziska Ohnsorge & Shu Yu, 2021, "Growing Apart or Moving Together? Synchronization of Informal and Formal Economy Cycles," Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum, number 2115, Sep.
• Benjamin Caswell, 2021, "Investment Shocks," Working Papers, Lancaster University Management School, Economics Department, number 335109180.
• Item repec:bof:bofrdp:2021_011 is not listed on IDEAS anymore

• Mönch, Emanuel & Stein, Tobias, 2021, "Equity premium predictability over the business cycle," Discussion Papers, Deutsche Bundesbank, number 25/2021.
• Elgin, Ceyhun & Kose, M. Ayhan & Ohnsorge, Franziska & Yu, Shu, 2021, "Understanding Informality," MPRA Paper, University Library of Munich, Germany, number 109490, Aug.
• Asgeir Danielsson, 2021, "Wages and prices of foreign goods in the inflationary process in Iceland," Economics, Department of Economics, Central bank of Iceland, number wp87, Sep.
• Adam, Klaus & Gautier, Erwan & Santoro, Sergio & Weber, Henning, 2021, "The case for a positive euro area inflation target: Evidence from France, Germany and Italy," Discussion Papers, Deutsche Bundesbank, number 26/2021.
• 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 109585, May.
• Sangyup Choi & Junhyeok Shin, 2021, "Bitcoin An Inflation Hedge but Not a Safe Haven," GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit, number GRU_2021_030, Aug.
• Ceyhun Elgin & M. Ayhan Kose & Franziska Ohnsorge & Shu Yu, 2021, "Understanding Informality," Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum, number 2114, Sep.
• Firmin Doko Tchatoka & Qazi Haque, 2021, "Revisiting the macroeconomic effects of monetary policy shocks," School of Economics and Public Policy Working Papers, University of Adelaide, School of Economics and Public Policy, number 2021-02 Classification-E3, Aug.
• Chao Gu & Guido Menzio & Randall Wright & Yu Zhu, 2021, "Market Freezes," NBER Working Papers, National Bureau of Economic Research, Inc, number 29210, Sep.
• Sascha Mierzwa, 2021, "Spillovers from Tax Shocks to the Euro Area," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 202133.
• Stefan Gerlach & Rebecca Stuart, 2021, "Commodity Prices and Global Inflation, 1851-1913," IRENE Working Papers, IRENE Institute of Economic Research, number 21-07, Sep.
• Fabio Canova & Filippo Ferroni, 2021, "A Hitchhiker’s Guide to Empirical Macro Models," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2021-15, Sep, revised 03 Oct 2021, DOI: 10.21033/wp-2021-15.
• Klaus Adam & Erwan Gautier & Sergio Santoro & Henning Weber, 2021, "The Case for a Positive Euro Area Inflation Target: Evidence From France, Germany and Italy," CRC TR 224 Discussion Paper Series, University of Bonn and University of Mannheim, Germany, number crctr224_2021_317, Aug.
• Balazs Vonnak, 2021, "Estimating the Effect of Monetary Policy with Dissenting Votes as Instrument," MNB Working Papers, Magyar Nemzeti Bank (Central Bank of Hungary), number 2021/4.
• Robert E. Hall & Marianna Kudlyak, 2022, "The Inexorable Recoveries of U.S. Unemployment," Working Paper Series, Federal Reserve Bank of San Francisco, number 2021-20, Jun, DOI: 10.24148/wp2021-20.
• Sugata Marjit & Rashmi Ahuja & Abhilasha Pandey, 2021, "Education, Lack of Complementary Investment and Underemployment In an Open Economy," CESifo Working Paper Series, CESifo, number 9278.
• Robert Bernhardt & Stefania D'Amico & Santiago I. Sordo Palacios, 2021, "The Impact of Covid-19 Related Policy Responses on Municipal Debt Markets," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2021-14, Sep, DOI: 10.21033/wp-2021-14.
• Juselius, Mikael & Tarashev, Nikola A., 2021, "Could corporate credit losses turn out higher than expected?," BoF Economics Review, Bank of Finland, number 3/2021.
• Christoph Gortz & Danny McGowan & Mallory Yeromonahos, 2021, "Furlough and Household Financial Distress during the COVID-19 Pandemic," Discussion Papers, Department of Economics, University of Birmingham, number 21-13, Aug.
• Halberstadt, Arne, 2021, "Decomposing the yield curve with linear regressions and survey information," Discussion Papers, Deutsche Bundesbank, number 27/2021.
• John C. Williams, 2021, "Ever Upward," Speech, Federal Reserve Bank of New York, number 93034, Sep.
• Watanabe, Minoru & Yasuoka, Masaya, 2021, "Different policy effects of Ramsey and overlapping generations models," MPRA Paper, University Library of Munich, Germany, number 109635, Sep.
• Kim, Chi Hyun, 2021, "Optimism gone bad? The persistent effects of traumatic experiences on investment decisions," Working Papers, German Research Foundation's Priority Programme 1859 "Experience and Expectation. Historical Foundations of Economic Behaviour", Humboldt University Berlin, number 32, DOI: 10.18452/23242.
• Øivind Anti Nilsen & Håvard Skuterud & Ingeborg Munthe-Kaas Webster, 2021, "Price Change Synchronization within and between Firms," CESifo Working Paper Series, CESifo, number 9274.
• Emanuel Kohlscheen & Richhild Moessner, 2021, "Globalisation and the Decoupling of Inflation from Domestic Labour Costs," CESifo Working Paper Series, CESifo, number 9281.
• Guo, Lu & Yan, Chong, 2021, "Optimal Taxation in the Endogenous Growth Framework with the Private Information," MPRA Paper, University Library of Munich, Germany, number 109548, Jul.
• Stilianos Fountas & Paraskevi Tzika, 2021, "Economic policy uncertainty spillovers in Europe before and after the Eurozone crisis," Discussion Paper Series, Department of Economics, University of Macedonia, number 2021_09, Jun, revised Jun 2021.
• David Reifschneider & David Wilcox, 2021, "Another reason to raise the Fed's inflation target: An employment and output boom," Policy Briefs, Peterson Institute for International Economics, number PB21-19, Aug.
• Silvia Marchesi & Tania Masi & Saumik Paul, 2021, "Project Aid and Firm Performance," Working Papers, University of Milano-Bicocca, Department of Economics, number 479, Sep, revised Sep 2021.
• Boragan Aruoba & Andrés Fernández & Daniel Guzmán & Ernesto Pastén & Felipe Saffie, 2021, "Monetary Policy Surprises in Chile: Measurement & Real Effects," Working Papers Central Bank of Chile, Central Bank of Chile, number 921, Aug.
• Silvia Marchesi & Pietro Bomprezzi, 2021, "A firm level approach on the effects of IMF programs," Working Papers, University of Milano-Bicocca, Department of Economics, number 476, Aug, revised Aug 2021.
• Ullah, Irfan & Ahmed, Mumtaz, 2021, "Identifying Phases of Ebullience in EFTA Stock Markets," MPRA Paper, University Library of Munich, Germany, number 109633, Sep.
• Rob Luginbuhl, 2020, "Estimation of the Financial Cycle with a Rank-Reduced Multivariate State-Space Model," CPB Discussion Paper, CPB Netherlands Bureau for Economic Policy Analysis, number 409, Feb.
• Tolulope T. Osinubi & Simplice A. Asongu, 2020, "Globalization and Female Economic Participation in MINT and BRICS countries," Working Papers of The Association for Promoting Women in Research and Development in Africa (ASPROWORDA)., The Association for Promoting Women in Research and Development in Africa (ASPROWORDA), number 20/004, Jan.
• Wouter Leenders & Arjan Lejour & Simon Rabaté & Maarten van 't Riet, 2020, "Offshore Tax Evasion and Wealth Inequality: Evidence from a Tax Amnesty in the Netherlands," CPB Discussion Paper, CPB Netherlands Bureau for Economic Policy Analysis, number 417, Oct, DOI: 10.34932/tx42-by30.
• J. Sebastián Becerra & José Carreño & Juan Francisco Martínez, 2021, "A semi-structural model with banking sector for stress testing scenario design," Working Papers Central Bank of Chile, Central Bank of Chile, number 922, Jul.
• Egor Malkov, 2021, "Welfare Effects of the Labor Income Tax Changes on Married Couples: A Sufficient Statistics Approach," Working Papers, ECINEQ, Society for the Study of Economic Inequality, number 590, Sep.
• Haoyang Liu & David O. Lucca & Dean Parker & Gabriela Rays-Wahba, 2021, "The Housing Boom and the Decline in Mortgage Rates," Liberty Street Economics, Federal Reserve Bank of New York, number 20210907, Sep.
• Hwee Kwan Chow & Daniel Han, 2021, "Forecast Pooling or Information Pooling During Crises? MIDAS Forecasting of GDP in a Small Open Economy," Economics and Statistics Working Papers, Singapore Management University, School of Economics, number 6-2021, Jul.
• Noam, Eli, 2021, "The Macro-Economics of Crypto-Currencies: The Role of Private Moneys in Monetary Policy," 23rd ITS Biennial Conference, Online Conference / Gothenburg 2021. Digital societies and industrial transformations: Policies, markets, and technologies in a post-Covid world, International Telecommunications Society (ITS), number 238043.
• Junya INOSE, 2021, "Human Capital Accumulation According to HANK," Discussion papers, Research Institute of Economy, Trade and Industry (RIETI), number 21070, Aug.
• Batinti, Alberto & Andriani, Luca & Filippetti, Andrea, 2019, "Local government fiscal policy, social capital and electoral payoff: evidence across Italian municipalities," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 100438, Nov.
• Ceyhun Elgin & M. ayhan Köse & Franziska Ohnsorge & Shu Yu, 2021, "Growing Apart or Moving Together? Synchronization of Informal and Formal Economy Cycles Abstract:," Working Papers, Bogazici University, Department of Economics, number 2021/04, Apr.
• Santos, Susana, 2021, "Matrix representations of the national accounts’ transaction values," MPRA Paper, University Library of Munich, Germany, number 109488, Aug.
• Hakan Yilmazkuday, 2021, "Oil Price Pass-Through into Consumer Prices: Evidence from U.S. Weekly Data," Working Papers, Florida International University, Department of Economics, number 2118, Sep.
• Hannes Schwandt & Janet Currie & Marlies Bär & James Banks & Paola Bertoli & Aline Bütikofer & Sarah Cattan & Beatrice Zong-Ying Chao & Claudia Costa & Libertad Gonzalez & Veronica Grembi & Kristiina , 2021, "Inequality in Mortality between Black and White Americans by Age, Place, and Cause, and in Comparison to Europe, 1990-2018," NBER Working Papers, National Bureau of Economic Research, Inc, number 29203, Sep.
• Sai Ding & Minjoo Kim & Xiao Zhang, 2021, "New Insight on Investment-Cash Flow Sensitivity," Working Papers, Business School - Economics, University of Glasgow, number 2021_16, Sep.
• Ryosuke FUJITANI & Masazumi HATTORI & Yukihiro YASUDA, 2021, "Effects of Economic Policy Uncertainty on Corporate Investment and Strategic Cash Holdings: Evidence from Japan," Discussion papers, Research Institute of Economy, Trade and Industry (RIETI), number 21069, Aug.
• Zhang, Bo & Zhou, Peng, 2021, "Financial Development and Economic Growth in a Microfounded Small Open Economy Model," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2021/21, Sep.
• Kindop, Igor, 2021, "Ubiquitous multimodality in mixed causal-noncausal processes," MPRA Paper, University Library of Munich, Germany, number 109594, Jul, revised 04 Sep 2021.
• Carret, Vincent, 2021, "Fluctuations and growth in Ragnar Frisch’s rocking horse model," OSF Preprints, Center for Open Science, number 69nsg, Aug, DOI: 10.31219/osf.io/69nsg.
• Ahmed, Mumtaz & Bashir, Uzma & Ullah, Irfan, 2021, "Testing for explosivity in US-Pak Exchange Rate via Sequential ADF Procedures," MPRA Paper, University Library of Munich, Germany, number 109607, Sep.
• Steven C. Bourassa & Martijn Dröes & Martin Hoesli, 2021, "Hedonic Models and Market Segmentation," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 21-62, Sep.
• Juan G. Zapata & Carlos Casta�eda & Daniel Wiesner & Laura Garz�n, 2021, "Finanzas territoriales y contrabando de cigarrillos en Colombia : una relación compleja," Cuadernos de Fedesarrollo, Fedesarrollo, number 19503, Aug.
• Röhl, Klaus-Heiner, 2021, "Die Wahlprogramme der Parteien für Mittelstand und Unternehmensgründungen: Nicht immer wird die Bedeutung des Mittelstands anerkannt," IW policy papers, Institut der deutschen Wirtschaft (IW) / German Economic Institute, number 16/2021.
• C Castro-Iragorri & J RamÔøΩrez & S VÔøΩlez, 2021, "Financial intermediation and risk in decentralized lending protocols," Documentos de Trabajo, Universidad del Rosario, number 19420, Jul.
• Santiago Tobón Zapata & Daniel Mej�a & Ervyn Norza & Mart�n Vanegas-Arias, 2021, "Broken windows policing and crime: Evidence from 80 Colombian cities," Documentos de Trabajo de Valor Público, Universidad EAFIT, number 19514, Sep.

Report NEP-MAC-2021-09-13

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: