Report NEP-MAC-2022-01-03

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:

• Yuriy Gorodnichenko & Dmitriy Sergeyev, 2021, "Zero Lower Bound on Inflation Expectations," NBER Working Papers, National Bureau of Economic Research, Inc, number 29496, Nov.
• Rohan Kekre, 2021, "Unemployment Insurance in Macroeconomic Stabilization," NBER Working Papers, National Bureau of Economic Research, Inc, number 29505, Nov.
• Cooper Howes, 2021, "Financial Constraints, Sectoral Heterogeneity, and the Cyclicality of Investment," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 21-06, Aug, DOI: 10.18651/RWP2021-06.
• Indrajit Mitra & Taeuk Seo & Yu Xu, 2021, "High Discounts and Low Fundamental Surplus: An Equivalence Result for Unemployment Fluctuations," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2021-22, Sep, DOI: 10.29338/wp2021-22.
• Francesco Furlanetto & Antoine Lepetit & Ørjan Robstad & Juan F. Rubio-Ramirez & Pål Ulvedal, 2021, "Estimating Hysteresis Effects," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2021-24, Nov, DOI: 10.29338/wp2021-24.
• Jan Lutynski, 2021, "Comparative analysis of quantitative easing and money-financed fiscal stimulus," GRAPE Working Papers, GRAPE Group for Research in Applied Economics, number 63.
• Domenico Ferraro & Giuseppe Fiori, 2021, "Non-Linear Employment Effects of Tax Policy," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1333, Dec, DOI: 10.17016/IFDP.2021.1333.
• Peter Andre & Ingar Haaland & Christopher Roth & Johannes Wohlfart, 2021, "Inflation Narratives," CRC TR 224 Discussion Paper Series, University of Bonn and University of Mannheim, Germany, number crctr224_2021_325, Dec.
• Skylar Brooks, 2021, "Revisiting the Monetary Sovereignty Rationale for CBDCs," Discussion Papers, Bank of Canada, number 2021-16, Dec, DOI: 10.34989/sdp-2021-17.
• Marcela De Castro-Valderrama & Santiago Forero-Alvarado & Nicolás Moreno-Arias & Sara Naranjo-Saldarriaga, 2021, "Unraveling the Exogenous Forces Behind Analysts’ Macroeconomic Forecasts," Borradores de Economia, Banco de la Republica de Colombia, number 1184, Dec, DOI: 10.32468/be.1184.
• Jonathan J Adams, 2020, "Moderating Macroeconomic Bubbles Under Dispersed Information," Working Papers, University of Florida, Department of Economics, number 001005, Sep.
• Shunichi Yoneyama, 2021, "Central Bank Transparency and Disagreement in Inflation Expectations," IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan, number 21-E-12, Dec.
• R. Anton Braun & Daisuke Ikeda, 2021, "Monetary Policy over the Life Cycle," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2021-20a, Aug, DOI: 10.29338/wp2021-20a.
• Monique Reid & Pierre Siklos, 2021, "The Bureau for Economic Research's inflation expectations surveys: Know your data," Working Papers, Stellenbosch University, Department of Economics, number 10/2021.
• Marcela De Castro-Valderrama, 2021, "Present-biased Government, Creative Accounting and a Pitfall in Balanced Budget Rules," Borradores de Economia, Banco de la Republica de Colombia, number 1183, Dec, DOI: 10.32468/be.1183.
• F. Boissay & F. Collard & Jordi Galí & C. Manea, 2021, "Monetary policy and endogenous financial crises," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1810, Dec, revised Aug 2025.
• Christopher D. Cotton, 2021, "Debt, Deficits, and Interest Rates," Current Policy Perspectives, Federal Reserve Bank of Boston, number 93543, Dec.
• Item repec:rim:rimwps:21-25 is not listed on IDEAS anymore

• Brent Bundick & Nicolas Petrosky-Nadeau, 2021, "From Deviations to Shortfalls: The Effects of the FOMC’s New Employment Objective," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 21-04, Jul, DOI: 10.18651/RWP2021-04.
• Prante, Franz & Hein, Eckhard & Bramucci, Alessandro, 2021, "Varieties and interdependencies of demand and growth regimes in finance-dominated capitalism," IPE Working Papers, Berlin School of Economics and Law, Institute for International Political Economy (IPE), number 173/2021.
• Item repec:rim:rimwps:21-26 is not listed on IDEAS anymore

• Łukasz Rawdanowicz & Sébastien Turban & Jörg Haas & David Crowe & Valentine Millot, 2021, "Constraints and demands on public finances: Considerations of resilient fiscal policy," OECD Economics Department Working Papers, OECD Publishing, number 1694, Dec, DOI: 10.1787/602500be-en.
• Immaculate Machasio & Peter Tillmann, 2021, "Remittance Flows and U.S. Monetary Policy," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 202140.
• Johannes Matschke, 2021, "Macroprudential Policy Interlinkages," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 21-10, Sep, DOI: 10.18651/RWP2021-10.
• Gabriel Rodríguez & Paul Castillo & Harumi Hasegawa, 2021, "Does the Central Bank of Peru Respond to Exchange Rate Movements? A Bayesian Estimation of a New Keynesian DSGE Model with FX Interventions," Documentos de Trabajo / Working Papers, Departamento de Economía - Pontificia Universidad Católica del Perú, number 2021-504, DOI: 10.18800/2079-8474.0504.
• Strauss, Ilan & Yang, Jangho, 2020, "Corporate Secular Stagnation: Empirical Evidence on the Advanced Economy Investment Slowdown," INET Oxford Working Papers, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford, number 2019-16, Jul.
• Mr. Niklas J Westelius, 2020, "Twenty Years of Unconventional Monetary Policies: Lessons and Way Forward for the Bank of Japan," IMF Working Papers, International Monetary Fund, number 2020/226, Nov.
• Luis Carranza Ugarte & Julian Diaz Saavedra & Jose Enrique Galdon-Sanchez, 2021, "Rethinking fiscal rules," ThE Papers, Department of Economic Theory and Economic History of the University of Granada., number 21/14, Dec.
• Samuel Brien, 2021, "Wealth Inequality, Uninsurable Entrepreneurial Risk and Firms Markup," Working Paper, Economics Department, Queen's University, number 1476, Nov.
• Ibrahim, Omar, 2021, "Measuring the Output Effects of Fiscal Policy in Egypt: A Disaggregated Structural VAR Analysis," MPRA Paper, University Library of Munich, Germany, number 110962, Jul.
• Jonathan Chiu & Mohammad Davoodalhosseini, 2021, "Central Bank Digital Currency and Banking: Macroeconomic Benefits of a Cash-Like Design," Staff Working Papers, Bank of Canada, number 21-63, Dec, DOI: 10.34989/swp-2021-63.
• Joseph Kopecky, 2021, "The Age for Austerity? Population Age Structure and Fiscal Multipliers," Trinity Economics Papers, Trinity College Dublin, Department of Economics, number tep1621, Dec.
• Oliwia Komada, 2021, "Welfare and macroeconomic effects of family policies: insights from an OLG model," GRAPE Working Papers, GRAPE Group for Research in Applied Economics, number 62.
• Simon Gilchrist & Bin Wei & Vivian Z. Yue & Egon Zakrajšek, 2021, "Sovereign Risk and Financial Risk," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 27, Nov, DOI: 10.29338/wp2021-27.
• Margarita Rubio, 2021, "Macroprudential policies and Brexit: A welfare analysis," Discussion Papers, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM), number 2021/04.
• Eiji Goto & Jan P.A.M. Jacobs & Tara M. Sinclair & Simon van Norden, 2021, "Employment Reconciliation and Nowcasting," Working Papers, The George Washington University, The Center for Economic Research, number 2021-007, Dec.
• Sulander, Tytti & Kangasharju, Aki & Kauhanen, Antti & Koski, Heli & Kulvik, Martti & Kuusela, Olli-Pekka & Kuusi, Tero & Lehmus, Markku & Puonti, Päivi & Ropponen, Olli & Valkonen, Tarmo, 2021, "Phenomena 2022 – A Glimpse into the Future," ETLA Brief, The Research Institute of the Finnish Economy, number 103, Dec.
• Jelle Barkema & Tryggvi Gudmundsson & Mr. Mico Mrkaic, 2020, "What Do We Talk About When We Talk About Output Gaps?," IMF Working Papers, International Monetary Fund, number 2020/259, Nov.
• Minjie Deng & Min Fang, 2021, "Debt Maturity Heterogeneity and Investment Responses to Monetary Policy," Discussion Papers, Department of Economics, Simon Fraser University, number dp21-17, Dec.
• Elin Halvorsen & Serdar Ozkan & Sergio Salgado, 2021, "Earnings Dynamics and Its Intergenerational Transmission: Evidence from Norway," Working Papers, Federal Reserve Bank of St. Louis, number 2021-015, Dec, revised 07 Jul 2022, DOI: 10.20955/wp.2021.015.
• Pawel Adrjan & Gabriele Ciminelli & Alexandre Judes & Michael Koelle & Cyrille Schwellnus & Tara Sinclair, 2021, "Will it stay or will it go? Analysing developments in telework during COVID-19 using online job postings data," OECD Productivity Working Papers, OECD Publishing, number 30, Dec, DOI: 10.1787/aed3816e-en.
• Marco Brianti & Laura Gati, 2021, "Information and Communication Technologies and Medium-Run Fluctuations," Working Papers, University of Alberta, Department of Economics, number 2021-11, Dec.
• Mr. Kangni R Kpodar & Boya Liu, 2021, "The Distributional Implications of the Impact of Fuel Price Increases on Inflation," IMF Working Papers, International Monetary Fund, number 2021/271, Nov.
• Adrián Rial Quiroga, 2021, "Baumol's diseases: a subsystem perspective," Working Papers del Instituto Complutense de Estudios Internacionales, Universidad Complutense de Madrid, Instituto Complutense de Estudios Internacionales, number 2103.
• Li, Xiang, 2021, "Dilemma and global financial cycle: Evidence from capital account liberalisation episodes," IWH Discussion Papers, Halle Institute for Economic Research (IWH), number 13/2021.
• Shuguang Xiao & Xinglin Lai & Jiamin Peng, 2021, "China's Easily Overlooked Monetary Transmission Mechanism: Monetary Reservoir," Papers, arXiv.org, number 2111.15327, Nov, revised Mar 2022.
• Ana B. Galvão & James Mitchell, 2021, "Communicating Data Uncertainty: Multi-Wave Experimental Evidence for UK GDP," Working Papers, Federal Reserve Bank of Cleveland, number 21-28R, Dec, revised 13 Jul 2022, DOI: 10.26509/frbc-wp-202128r.
• Sushant Acharya & Keshav Dogra & Sanjay R. Singh, 2021, "The financial origins of non-fundamental risk," Working Papers, University of California, Davis, Department of Economics, number 345, Dec.
• Yulei Luo & Jun Nie & Xiaowen Wang & Eric Young, 2021, "Production and Inventory Dynamics under Ambiguity Aversion," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 21-05, Aug, DOI: 10.18651/RWP2021-05.
• Lionel Fontagné & Erica Perego & Gianluca Santoni, 2021, "MaGE 3.1: Long-Term Macroeconomic Projections of the World Economy," Working Papers, CEPII research center, number 2021-12, Dec.
• Refk Selmi & Farid Makhlouf, 2021, "Can Venezuelan scenario be repeated in Tunisia? The role of remittances in an inflationary context," Working Papers, HAL, number hal-03429730, Nov.
• Bin Wei, 2021, "Ambiguity, Long-Run Risks, and Asset Prices," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2021-21, Sep, DOI: 10.29338/wp2021-21.
• Salman Huseynov, 2021, "Long and short memory in dynamic term structure models," CREATES Research Papers, Department of Economics and Business Economics, Aarhus University, number 2021-15, Dec.
• Razavi, Shahra. & Schwarzer, Helmut, & Durán Valverde, Fabio. & Ortiz, Isabel, & Dutt, Devika., 2021, "Social policy advice to countries from the International Monetary Fund during the COVID-19 crisis continuity and change," ILO Working Papers, International Labour Organization, number 995158693502676.
• Frédéric Dufourt & Lisa Kerdelhué & Océane Piétri, 2021, "Budget-neutral capital tax cuts," Working Papers, HAL, number halshs-03424147, Jun.
• António Afonso & José Carlos Coelho, 2021, "Fiscal and Current Account Imbalances: The Cases of Germany and Portugal," EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 72.
• Håvard Halland, 2021, "The fiscal implications of strategic investment funds," OECD Development Policy Papers, OECD Publishing, number 41, Dec, DOI: 10.1787/e7e43a82-en.
• Alberto Botta & Giuliano Toshiro Yajima & Gabriel Porcile, 2021, "Structural change, productive development and capital flows: Does financial “bonanza” cause premature de-industrialization?," Working Papers, Post Keynesian Economics Society (PKES), number PKWP2122, Dec.
• Chakraborty, Lekha, 2021, "Covid19 and Gender Budgeting: Applying a "gender lens" to Union Budget in India," Working Papers, National Institute of Public Finance and Policy, number 21/362, Dec.
• Hervé Bercegol & H. Benisty, 2022, "An energy-based macroeconomic model validated by global historical series since 1820," Post-Print, HAL, number cea-03451983, Feb, DOI: 10.1016/j.ecolecon.2021.107253.
• Juan Antolin-Diaz & Ivan Petrella & Juan F. Rubio-Ramirez, 2021, "Dividend Momentum and Stock Return Predictability: A Bayesian Approach," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2021-25, Nov, DOI: 10.29338/wp2021-25.
• Pierri, Damian Rene, 2021, "Accuracy in recursive minimal state space methods," UC3M Working papers. Economics, Universidad Carlos III de Madrid. Departamento de Economía, number 33753, Dec.
• Kareem Ismail & Mr. Roberto Perrelli & Jessie Yang, 2020, "Optimism Bias in Growth Forecasts—The Role of Planned Policy Adjustments," IMF Working Papers, International Monetary Fund, number 2020/229, Nov.
• Ortiz Vargas, Michell & Campo Robledo, Jacobo, 2021, "Gasto Público Social y Crecimiento Económico: Evidencia para América Latina 1990 – 2017," Working papers, Red Investigadores de Economía, number 85, Dec.
• Conteh, Lesong & Shuford, Kathryn & Agboraw, Efundem & Kont, Mara & Kolaczinski, Jan & Patouillard, Edith, 2021, "Costs and cost-effectiveness of Malaria control interventions: a systematic literature review," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 112779, Aug.
• Axelle Ferriere & Philipp Grubener & Gaston Navarro & Oliko Vardishvili, 2021, "Larger transfers financed with more progressive taxes? On the optimal design of taxes and transfers," PSE Working Papers, HAL, number halshs-03466762, Dec.
• Liebich, Lena & Nöh, Lukas & Rutkowski, Felix Joachim & Schwarz, Milena, 2021, "Unconventionally green: A monetary policy between engagement and conflicting goals," Working Papers, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, number 05/2021.
• Mr. Santiago Acosta Ormaechea, 2020, "Public Debt Dynamics and Intra-Year Exchange Rate Fluctuations," IMF Working Papers, International Monetary Fund, number 2020/261, Nov.

Report NEP-MAC-2022-01-03

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: