Report NEP-MAC-2021-09-20

This is the archive for NEP-MAC, a report on new working papers in the area of Macroeconomics. Soumitra K 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:

• Maria Chiara Cucciniello & Matteo Deleidi & Enrico Sergio Levrero, 2021. "The cost channel of monetary policy: the case of the United States in the period 1959-2018," Departmental Working Papers of Economics - University 'Roma Tre' 0262, Department of Economics - University Roma Tre.
• Federico Bassi & Andrea Boitani, 2021. "Monetary and macroprudential policy: The multiplier effects of cooperation," DISCE - Working Papers del Dipartimento di Economia e Finanza def110, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
• David Augusto Montoya Ruiz, 2021. "Efecto de la política fiscal sobre la transmisión de la política monetaria a través de la desigualdad en el ingreso," Documentos CEDE 19560, Universidad de los Andes, Facultad de Economía, CEDE.
• Okano, Eiji & Eguchi, Masataka, 2021. "The Effects of Money-financed Fiscal Stimulus in a Small Open Economy," Dynare Working Papers 70, CEPREMAP.
• D'Acunto, Francesco & Hoang, Daniel & Paloviita, Maritta & Weber, Michael, 2021. "Human frictions in the transmission of economic policy," Research Discussion Papers 12/2021, Bank of Finland.
• Christian Merkl & Heiko Stüber, 2021. "Wage and Employment Cyclicalities at the Establishment Level," CESifo Working Paper Series 9283, CESifo.
• Coenen, Günter & Montes-Galdón, Carlos & Schmidt, Sebastian, 2021. "Macroeconomic stabilisation and monetary policy effectiveness in a low-interest-rate environment," CFS Working Paper Series 656, Center for Financial Studies (CFS).
• Bozhechkova Alexandra & Trunin Pavel, 2021. "Monetary Policy in in Russia in 2020," Published Papers ppaper-2021-1117, Gaidar Institute for Economic Policy, revised 2021.
• Tretyakov, Dmitriy & Fokin, Nikita, 2020. "Помогают Ли Высокочастотные Данные В Прогнозировании Российской Инфляции? [Does the high-frequency data is helpful for forecasting Russian inflation?]," MPRA Paper 109556, University Library of Munich, Germany.
• Josué Diwambuena & Raquel Fonseca & Stefan Schubert, 2021. "Italian Labour Frictions and Wage Rigidities in an Estimated DSGE," Cahiers de recherche / Working Papers 2105, Chaire de recherche sur les enjeux économiques intergénérationnels / Research Chair in Intergenerational Economics.
• Alica Ida Bonk & Laure Simon, 2021. "From He-Cession to She-Stimulus? The Labor Market Impact of Fiscal Policy Across Gender," Staff Working Papers 21-42, Bank of Canada.
• Tomas Adam & Ondrej Michalek & Ales Michl & Eva Slezakova, 2021. "The Rushin Index: A Weekly Indicator of Czech Economic Activity," Working Papers 2021/4, Czech National Bank.
• Zuzana Molnarova, 2020. "Industry evidence and the vanishing cyclicality of labor productivity," Vienna Economics Papers vie2001, University of Vienna, Department of Economics.
• Maih, Junior & Mazelis, Falk & Motto, Roberto & Ristiniemi, Annukka, 2021. "Asymmetric monetary policy rules for the euro area and the US," Working Paper Series 2587, European Central Bank.
• 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," Working Papers of BETA 2021-33, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
• Mario Alloza & Javier Andrés & Pablo Burriel & Iván Kataryniuk & Javier J. Pérez & Juan Luis Vega, 2021. "The reform of the european Union’s fiscal governance Framework in a new Macroeconomic environment," Occasional Papers 2121, Banco de España.
• Michal Franta & Jan Libich, 2021. "Holding the Economy by the Tail: Analysis of Short- and Long-run Macroeconomic Risks," Working Papers 2021/3, Czech National Bank.
• Josué Diwambuena & Raquel Fonseca & Stefan Schubert, 2021. "Italian Labour Frictions and Wage Rigidities in an Estimated DSGE," CIRANO Working Papers 2021s-33, CIRANO.
• Tatjana Dahlhaus & Angelika Welte, 2021. "Payment Habits During COVID-19: Evidence from High-Frequency Transaction Data," Staff Working Papers 21-43, Bank of Canada.
• Irma Alonso & Pedro Serrano & Antoni Vaello-Sebastià, 2021. "The impact of heterogeneous unconventional monetary policies on the expectations of market crashes," Working Papers 2127, Banco de España.
• Christiane Baumeister & Danilo Leiva-León & Eric Sims, 2021. "Tracking weekly state-level economic conditions," Working Papers 2134, Banco de España.
• Barr, Nicholas, 2021. "Pension design and the failed economics of squirrels," LSE Research Online Documents on Economics 111927, London School of Economics and Political Science, LSE Library.
• Daniel H. Cooper & Vaishali Garga & Maria Jose Luengo-Prado, 2021. "The Mortgage Cash Flow Channel of Monetary Policy Transmission: A Tale of Two Countries," Working Papers 21-8, Federal Reserve Bank of Boston.
• Silvia Albrizio & Iván Kataryniuk & Luis Molina & Jan Schäfer, 2021. "ECB euro liquidity lines," Working Papers 2125, Banco de España.
• Adrián Rial, 2021. "Does the expansion of the service sector slow down productivity growth? An empirical assessment across eight developed economies," Departmental Working Papers of Economics - University 'Roma Tre' 0259, Department of Economics - University Roma Tre.
• División de Análisis Macroeconómico DAMAC, 2021. "Economía colombiana en medio del paro nacional 2021 y la recuperación pospandemia," Documentos de Trabajo, Escuela de Economía 19566, Universidad Nacional de Colombia, FCE, CID.
• Esra Nur Ugurlu, 2021. "Structural Change Ramifications of Consumer Credit Expansion in a Two Sector Growth Model," UMASS Amherst Economics Working Papers 2021-14, University of Massachusetts Amherst, Department of Economics.
• Kengo Nutahara, 2021. "Trend inflation, asset prices and monetary policy," CIGS Working Paper Series 21-004E, The Canon Institute for Global Studies.
• Alberto Cavallo & Oleksiy Kryvtsov, 2021. "What Can Stockouts Tell Us About Inflation? Evidence from Online Micro Data," NBER Working Papers 29209, National Bureau of Economic Research, Inc.
• Chadha, Jagjit S. & Corrado, Luisa & Meaning, Jack & Schuler, Tobias, 2021. "Monetary and fiscal complementarity in the Covid-19 pandemic," Working Paper Series 2588, European Central Bank.
• Ibrahim A. Adekunle & Toluwani G. Kalejaiye & Ayomide O. Ogunade & Sina J. Ogede & Caleb O. Soyemi, 2020. "Engendering Macroeconomic Policy for Gender Equality in sub-Saharan Africa," Working Papers of The Association for Promoting Women in Research and Development in Africa (ASPROWORDA). 20/009, The Association for Promoting Women in Research and Development in Africa (ASPROWORDA).
• Simplice A. Asongu & Yann Nounamo & Henri Njangang & Sosson Tadadjeu, 2021. "Gender Inclusive Intermediary Education, Financial Stability and Female Employment in the Industry in Sub-Saharan Africa," Working Papers of The Association for Promoting Women in Research and Development in Africa (ASPROWORDA). 21/003, The Association for Promoting Women in Research and Development in Africa (ASPROWORDA).
• Greenwood, John, 2021. "Monetary Policy is not about Interest Rates; the Liquidity Effect and the Fisher Effect," Studies in Applied Economics 190, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
• Daniel Alonso & Alejandro Buesa & Carlos Moreno & Susana Párraga & Francesca Viani, 2021. "Fiscal policy measures adopted since the second wave of the health crisis: the euro area, the United States and the United Kingdom," Occasional Papers 2118, Banco de España.
• YOSHIDA Yushi & Weiyang ZHAI, 2021. "Current Account Dynamics: On Income and Trade Balance," Discussion papers 21077, Research Institute of Economy, Trade and Industry (RIETI).
• Gyozo Gyongyosi & Steven Ongena & Ibolya Schindele, 2021. "The Impact of Monetary Conditions on Bank Lending to Households," Swiss Finance Institute Research Paper Series 21-64, Swiss Finance Institute.
• Mario Alloza & Javier Andrés & Pablo Burriel & Iván Kataryniuk & Javier J. Pérez & Juan Luis Vega, 2021. "La reforma del marco de gobernanza de la política fiscal de la Unión Europea en un nuevo entorno macroeconómico," Occasional Papers 2121, Banco de España.
• Beau Soederhuizen & Bert van Stiphout-Kramer & Harro van Heuvelen & Rob Luginbuhl, 2021. "Optimal capital ratios for banks in the euro area," CPB Discussion Paper 429, CPB Netherlands Bureau for Economic Policy Analysis.
• Codrina Rada, Marcio Santetti, Ansel Schiavone, Rudiger von Arnim, 2021. "Post-Keynesian vignettes on secular stagnation:From labor suppression to natural growth," Working Paper Series, Department of Economics, University of Utah 2021_05, University of Utah, Department of Economics.
• Drydakis, Nick, 2021. "Adverse Working Conditions and Immigrants' Physical Health and Depression Outcomes: A Longitudinal Study in Greece," IZA Discussion Papers 14700, Institute of Labor Economics (IZA).
• Peter Skott, 2021. "Inflation in developing economies," UMASS Amherst Economics Working Papers 2021-08, University of Massachusetts Amherst, Department of Economics.
• Arlashkin Igor & Barbashova Natalia & Belev Sergey & Leonov Elisei & Deryugin Alexander & Sokolov Ilya & Tishchenko Tatiana, 2021. "Russia’s Fiscal Policy in 2020," Published Papers ppaper-2021-1118, Gaidar Institute for Economic Policy, revised 2021.
• Joshua Ballance & Melanie Qing & J. Christina Wang, 2021. "How Did the MSLP Borrowers Fare Before and During COVID-19?," Current Policy Perspectives 93055, Federal Reserve Bank of Boston.
• Roberto Blanco & Sergio Mayordomo & Álvaro Menéndez & Maristela Mulino, 2021. "El impacto de la crisis del COVID-19 sobre la vulnerabilidad financiera de las empresas españolas," Occasional Papers 2119, Banco de España.
• Loretta J. Mester, 2021. "The Federal Reserve’s Revised Monetary Policy Strategy and Its First Year of Practice," Speech 93044, Federal Reserve Bank of Cleveland.
• Codrina Rada, Ansel Schiavone, Rudiger von Arnim, 2021. "Goodwin, Baumol & Lewis: How structural change can lead to inequality and stagnation," Working Paper Series, Department of Economics, University of Utah 2021_04, University of Utah, Department of Economics.
• Laczó, Ferenc, 2021. "Measuring Inflation: Criticism and Solution," MPRA Paper 109724, University Library of Munich, Germany.
• Thomas R. Michl & Hyun Woong Park, 2021. "Shadow Banks and the Collateral Multiplier," UMASS Amherst Economics Working Papers 2021-12, University of Massachusetts Amherst, Department of Economics.
• Collard, Fabrice & Licandro, Omar, 2021. "The Neoclassical Model and the Welfare Costs of Selection," TSE Working Papers 21-1246, Toulouse School of Economics (TSE).
• Richard Foltyn & Jonna Olsson, 2021. "Health Dynamics and Heterogeneous Life Expectancies," Working Papers 2021_17, Business School - Economics, University of Glasgow.
• Strulik, Holger, 2021. "Hooked on weight control: An economic theory of anorexia nervosa, and its impact on health and longevity," University of Göttingen Working Papers in Economics 429, University of Goettingen, Department of Economics.
• Francesco Giuli & Giuseppe Ciccarone & Enrico Marchetti, 2021. "COVID-19 epidemic and generational welfare," Departmental Working Papers of Economics - University 'Roma Tre' 0260, Department of Economics - University Roma Tre.
• Reinhard Ellwanger, Stephen Snudden, 2021. "Predictability of Aggregated Time Series," LCERPA Working Papers bm0127, Laurier Centre for Economic Research and Policy Analysis.
• P. Facundo Cuevas & Leonardo Lucchetti & Metin Nebiler, 2020. "What are the Poverty and Inequality Impacts of Fiscal Policy in Turkey?," Commitment to Equity (CEQ) Working Paper Series 100, Tulane University, Department of Economics.
• Längle, Katharina & Xu, Ankai & Tian, Ruijie, 2021. "Assessing the supply chain effect of natural disasters: Evidence from Chinese manufacturers," WTO Staff Working Papers ERSD-2021-13, World Trade Organization (WTO), Economic Research and Statistics Division.
• Michelle Baddeley & Geoff Harcourt, 2021. "A Behavioural Model of Investment Appraisal and its Implications for the Macroeconomy," Working Paper Series 2021/05, Economics Discipline Group, UTS Business School, University of Technology, Sydney.
• François Courtoy & Michel de Vroey & Riccardo Turati, 2021. "What do we teach in Macroeconomics? Evidence of a theoretical divide," LIDAM Discussion Papers IRES 2021023, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
• Meenagh, David & Minford, Patrick & Wickens, Michael, 2021. "Estimating macro models and the potentially misleading nature of Bayesian estimation," Cardiff Economics Working Papers E2021/22, Cardiff University, Cardiff Business School, Economics Section.
• Tansel, Aysit & Öztürk, Ceyhan & Erdil, Erkan, 2021. "The Impact of Body Mass Index on Growth, Schooling, Productivity, and Savings: A Cross-Country Study," GLO Discussion Paper Series 929, Global Labor Organization (GLO).
• Luigi Guiso & Massimo Morelli & Tommaso Sonno & Helios Herrera, 2021. "The Financial Drivers of Populism in Europe," BAFFI CAREFIN Working Papers 21166, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
• Chakrabarti, Anindya S. & Mishra, Abinash & Mohaghegh, Mohsen, 2021. "Targeted interventions: Consumption dynamics and distributional effects," IIMA Working Papers WP 2021-09-02, Indian Institute of Management Ahmedabad, Research and Publication Department.
• Florens Odendahl & Barbara Rossi & Tatevik Sekhposyan, 2021. "Evaluating forecast performance with state dependence," Economics Working Papers 1800, Department of Economics and Business, Universitat Pompeu Fabra.
• Mateo Hoyos & Emiliano Libman & Arslan Razmi, 2021. "The Structural Outcomes of Investment Surges," UMASS Amherst Economics Working Papers 2021-09, University of Massachusetts Amherst, Department of Economics.
• Luis Guirola, 2021. "Does political polarization affect economic expectations?: Evidence from three decades of cabinet shifts in Europe," Working Papers 2133, Banco de España.
• Juan David Yépez Torrijos, 2021. "¿Más dinero es más desarrollo municipal? El caso de Colombia," Documentos CEDE 19562, Universidad de los Andes, Facultad de Economía, CEDE.
• Roberto Blanco & Sergio Mayordomo & Álvaro Menéndez & Maristela Mulino, 2021. "Impact of the COVID-19 crisis on Spanish firms’ financial vulnerability," Occasional Papers 2119, Banco de España.
• Diego Castañeda Garza & Alice Krozer, 2020. "Life on the Edge: elites, wealth, and inequality in Sonora 1871-1910," Serie documentos de trabajo del Centro de Estudios Económicos 2020-04, El Colegio de México, Centro de Estudios Económicos.
• Lokdam, Hjalte, 2021. "The ideological shade of the constitutional order: public law and political economy in the Eurozone," LSE Research Online Documents on Economics 111883, London School of Economics and Political Science, LSE Library.
• Financial Markets Department, 2021. "Market Operations in Fiscal 2020," Bank of Japan Research Papers 21-09-09, Bank of Japan.
• Lokdam, Hjalte, 2021. "The ideological shade of the constitutional order: public law and political economy in the Eurozone," LSE Research Online Documents on Economics 111882, London School of Economics and Political Science, LSE Library.
• Oxelheim, Lars & Randøy, Trond, 2021. "The Global Logistic Chain Under Siege in a Post-Covid Era," Working Paper Series 1404, Research Institute of Industrial Economics.
• Oriane Lafuente-Sampietro, 2021. "The multiplier effect of convertible local currencies : case study on two French schemes," Working Papers halshs-03324625, HAL.
• Bertrand SAVOYE & Maxime TERRIEUX & Cécile VALADIER & Meghann Puloc’h & Emmanuelle Mansart Monat & Benoît Jonveaux & Sylvain Bellefontaine & Cécile DUQUESNAY & Marion Hémar & Laura MARIE, & Jules PORT, 2021. "Temps difficiles pour les pays en développement : le financement des besoins de l’Afrique en question," Working Paper d1937b9f-9140-4c1d-90dd-7, Agence française de développement.
• Mohammadreza Mahmoudi, 2021. "Identifying the Main Factors of Iran's Economic Growth using Growth Accounting Framework," Papers 2109.02787, arXiv.org, revised Oct 2021.
• Andrea Borsato, 2021. "Simple Matching Protocols for Agent-based Models," Working Papers of BETA 2021-35, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
• Vladimir Gligorov & Richard Grieveson & Peter Havlik & Gabor Hunya & Olga Pindyuk & Leon Podkaminer & Sandor Richter & Hermine Vidovic, 2019. "Looking Back, Looking Forward: Central and Eastern Europe 30 Years After the Fall of the Berlin Wall," wiiw Essays and Occasional Papers 4, The Vienna Institute for International Economic Studies, wiiw.
• Natalia Poiatti, 2021. "Using xtbreak to study the impacts of European Central Bank announcements on sovereign borrowing," London Stata Conference 2021 11, Stata Users Group.
• Daniele Girardi, 2021. "The Neoclassical Theory of Aggregate Investment and its Criticisms," UMASS Amherst Economics Working Papers 2021-11, University of Massachusetts Amherst, Department of Economics.
• Elie Ndemba Tshilambu, 2021. "Pression Fiscale Optimale et Croissance Economique en République Démocratique du Congo : 1990 -2020," Working Papers hal-03210477, HAL.
• Jeremy Greenwood & Nezih Guner & Ricardo Marto, 2021. "The Great Transition: Kuznets Facts for Family-Economists," Working Papers wp2021_2105, CEMFI.
• Ali-Yrkkö, Jyrki & Halme, Kimmo & Deschryvere, Matthias & Lehenkari, Janne & Piirainen, Kalle & Suominen, Arho, 2021. "The Prerequisites for Increasing the R&D Activity of Companies in Finland," ETLA Brief 98, The Research Institute of the Finnish Economy.
• Onil Banerjee & Martín Cicowiez, 2021. "Construcción de una Matriz de Contabilidad Social para Argentina para el Año 2018," CEDLAS, Working Papers 0287, CEDLAS, Universidad Nacional de La Plata.
• Barinova Vera & Zemtsov Tsepan & Tsareva Yulia, 2021. "Small and medium business amid coronacrisis," Published Papers ppaper-2021-1130, Gaidar Institute for Economic Policy, revised 2021.
• Bertrand SAVOYE & Maxime TERRIEUX & Cécile VALADIER & Meghann Puloc’h & Emmanuelle Mansart Monat & Benoît Jonveaux & Sylvain Bellefontaine & Cécile DUQUESNAY & Marion Hémar & Laura MARIE, & Jules PORT, 2021. "Hard Times for Developing Countries: Africa’s Financing Needs in Question," Working Paper d1937b9f-9140-4c1d-90dd-7, Agence française de développement.