Report NEP-MAC-2022-02-14

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.

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Other reports in NEP-MAC

The following items were announced in this report:

• Luca Fornaro & Federica Romei, 2022, "Monetary cooperation during global inflation surges," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1814, Jan, revised Dec 2024.
• Martin Baumgaertner, 2022, "Financial Markets and ECB Monetary Policy Communication – A Second QE Surprise," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 202203.
• Shang-Jin Wei & Yinxi Xie, 2022, "On the Wedge Between the PPI and CPI Inflation Indicators," Staff Working Papers, Bank of Canada, number 22-5, Jan, DOI: 10.34989/swp-2022-5.
• Jacopo Bonchi & Salvatore Nisticò, 2022, "Heterogeneity, Bubbles and Monetary Policy," Working Papers, Sapienza University of Rome, DISS, number 5/22, Feb.
• Oliver Pfäuti & Fabian Seyrich, 2022, "A Behavioral Heterogeneous Agent New Keynesian Model," CRC TR 224 Discussion Paper Series, University of Bonn and University of Mannheim, Germany, number crctr224_2022_334, Feb.
• 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, Federal Reserve Bank of Boston, number 22-1, Apr, DOI: 10.29412/res.wp.2022.01.
• Donato Masciandaro & Jacopo Magurno & Romano Tarsia, 2021, "Central Bank Independence: Metrics and Empirics," BAFFI CAREFIN Working Papers, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy, number 21151.
• Donato Masciandaro, 2021, "Central Bank Governance in Monetary Policy Economics (1981-2020)," BAFFI CAREFIN Working Papers, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy, number 21153.
• Han Gao & Mariano Kulish & Juan Pablo Nicolini, 2021, "Online Appendix for: Two Illustrations of the Quantity Theory of Money Reloaded," Staff Report, Federal Reserve Bank of Minneapolis, number 634, Dec, DOI: 10.21034/sr.634.
• Xing Guo & Pablo Ottonello & Diego Perez, 2022, "Monetary Policy and Redistribution in Open Economies," Staff Working Papers, Bank of Canada, number 22-6, Feb, DOI: 10.34989/swp-2022-6.
• Abdalla, Ahmed & Carabias, Jose M., 2022, "From accounting to economics: the role of aggregate special items in gauging the state of the economy," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 108540, Jan.
• Armando Marozzi, 2021, "The ECB and the Cost of Independence. Unearthing a New Doom-Loop in the European Monetary Union," BAFFI CAREFIN Working Papers, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy, number 21152.
• Gara Afonso & Lorie Logan & Antoine Martin & Will Riordan & Patricia Zobel, 2022, "The Fed’s Latest Tool: A Standing Repo Facility," Liberty Street Economics, Federal Reserve Bank of New York, number 20220113, Jan.
• Allen Head & Timothy Kam & Sam Ng & Isaac Pan, 2023, "Money and Imperfectly Competitive Credit," Working Paper, Economics Department, Queen's University, number 1481, May.
• Lekha Chakraborty & Harikrishnan S, 2022, "COVID-19 and Fiscal-Monetary Policy Coordination: Empirical Evidence from India," Economics Working Paper Archive, Levy Economics Institute, number wp_1002, Feb.
• Hinterlang, Natascha & Tänzer, Alina, 2021, "Optimal monetary policy using reinforcement learning," Discussion Papers, Deutsche Bundesbank, number 51/2021.
• Han Gao & Mariano Kulish & Juan Pablo Nicolini, 2021, "Two Illustrations of the Quantity Theory of Money Reloaded," Staff Report, Federal Reserve Bank of Minneapolis, number 633, Dec, DOI: 10.21034/sr.633.
• Donato Masciandaro & Davide Romelli & Gaia Rubera, 2021, "Monetary policy and financial markets: evidence from Twitter traffic," BAFFI CAREFIN Working Papers, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy, number 21160.
• Renato E. Reside, Jr., 2021, "Growth During the Time of Covid19," UP School of Economics Discussion Papers, University of the Philippines School of Economics, number 202108, Dec.
• Ricardo Nunes & Ali Ozdagli & Jenny Tang, 2022, "Interest Rate Surprises: A Tale of Two Shocks," Working Papers, Federal Reserve Bank of Boston, number 22-2, Jan, DOI: 10.29412/res.wp.2022.02.
• Gara Afonso & Lorie Logan & Antoine Martin & Will Riordan & Patricia Zobel, 2022, "How the Fed Adjusts the Fed Funds Rate within Its Target Range," Liberty Street Economics, Federal Reserve Bank of New York, number 20220112, Jan.
• Gara Afonso & Lorie Logan & Antoine Martin & Will Riordan & Patricia Zobel, 2022, "How the Federal Reserve’s Monetary Policy Implementation Framework Has Evolved," Liberty Street Economics, Federal Reserve Bank of New York, number 20220110, Jan.
• International Monetary Fund, 2022, "Jordan: Third Review under the Extended Arrangement under the Extended Fund Facility and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Di," IMF Staff Country Reports, International Monetary Fund, number 2022/004, Jan.
• John Beirne & Yannis Dafermos & Alexander Kriwoluzky & Nuobu Renzhi & Ulrich Volz & Jana Wittich, 2021, "The Effects of Natural Disasters on Price Stability in the Euro Area," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1981.
• Nurdaulet Abilov, 2021, "Risk indeed matters: Uncertainty shocks in an oil-exporting economy," NAC Analytica Working Paper, NAC Analytica, Nazarbayev University, number 16, Dec, revised Feb 2022.
• Frédéric Boissay & Fabrice Collard & Jordi Galí & Cristina Manea, 2022, "Monetary Policy and Endogenous Financial Crises," Working Papers, HAL, number hal-03509283, Jan.
• Merkl, Christian & Sauerbier, Timo, 2022, "Public employment agency reform, matching efficiency, and German unemployment," FAU Discussion Papers in Economics, Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics, number 01/2022.
• Andersson, Fredrik N. G. & Jonung, Lars, 2022, "The Risks of Adopting the Bond Yield as the Anchor for the EU Fiscal Framework," Working Papers, Lund University, Department of Economics, number 2022:1, Jan.
• Marius Clemens & Werner Röger, 2021, "Rising Allowances, Rising Rates: A Tinbergen Rule for Capital Taxation," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1986.
• Olivier de Bandt & Bora Durdu & Hibiki Ichiue & Yasin Mimir & Jolan Mohimont & Kalin Nikolov & Sigrid Roehrs & Jean-Guillaume Sahuc & Valerio Scalone & Michael Straughan, 2022, "Assessing the Impact of Basel III: Evidence from Structural Macroeconomic Models," Working papers, Banque de France, number 864.
• Gara Afonso & Lorie Logan & Antoine Martin & Will Riordan & Patricia Zobel, 2022, "How the Fed’s Overnight Reverse Repo Facility Works," Liberty Street Economics, Federal Reserve Bank of New York, number 20220111, Jan.
• International Monetary Fund, 2022, "Republic of Moldova: 2021 Article IV Consultation and Requests for an Arrangement under the Extended Fund Facility and an Arrangement under the Extended Credit Facility-Press Release; Staff Report; an," IMF Staff Country Reports, International Monetary Fund, number 2022/001, Jan.
• Jean-Guillaume Sahuc & Olivier de Bandt & Hibiki Ichiue & Bora Durdu & Yasin Mimir & Jolan Mohimont & Kalin Nikolov & Sigrid Roehrs & Valério Scalone & Michael Straughan, 2022, "Assessing the Impact of Basel III: Evidence from Structural Macroeconomic Models," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2022-3.
• V. V. Chari & Luis Pérez, 2021, "Comment on Iovino, La’O and Mascarenhas, “Optimal Monetary Policy and Disclosure with an Informationally-Constrained Central Banker”," Staff Report, Federal Reserve Bank of Minneapolis, number 628, Nov, DOI: 10.21034/sr.628.
• Javier García-Cicco, 2022, "Alternative Monetary-Policy Instruments and Limited Credibility: An Exploration," CEMA Working Papers: Serie Documentos de Trabajo., Universidad del CEMA, number 822, Jan.
• Stéphane Lhuissier, 2022, "Financial Conditions and Macroeconomic Downside Risks in the Euro Area," Working papers, Banque de France, number 863.
• Óscar Afonso & Elena Sochirca & Pedro Cunha Neves, 2022, "Robots and Humans: The Role of Fiscal and Monetary Policies in an Endogenous Growth Model," CEF.UP Working Papers, Universidade do Porto, Faculdade de Economia do Porto, number 2201, Jan.
• Nurdaulet Abilov & Aizhan Bolatbayeva, 2021, "Nowcasting GDP growth in Russia with an incomplete dataset: A factor model approach," NAC Analytica Working Paper, NAC Analytica, Nazarbayev University, number 18, Dec, revised Feb 2022.
• Federico M. Ferrara & Donato Masciandaro & Manuela Moschella & Davide Romelli, 2021, "Political Voice on Monetary Policy: Evidence from the Parliamentary Hearings of the European Central Bank," BAFFI CAREFIN Working Papers, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy, number 21159.
• Karsten Kohler & Engelbert Stockhammer, 2022, "Flexible exchange rates in emerging markets: shock absorbers or drivers of endogenous cycles?," Working Papers, Post Keynesian Economics Society (PKES), number PKWP2205, Feb.
• Österholm, Pär & Poon, Aubrey, 2022, "Trend Inflation in Sweden," Working Papers, Örebro University, School of Business, number 2022:2, Jan.
• Giancarlo Bertocco & Andrea Kalajzić, 2022, "On the monetary nature of savings: a critical analysis of the Loanable Funds Theory," Working Papers, Post Keynesian Economics Society (PKES), number PKWP2206, Feb.
• International Monetary Fund, 2022, "Rwanda: 2021 Article IV Consultation and Fifth Review Under the Policy Coordination Instrument-Press Release; Staff Report; and Statement by the Executive Director for Rwanda," IMF Staff Country Reports, International Monetary Fund, number 2022/007, Jan.
• Loretta J. Mester, 2022, "Rebalancing the U.S. Economy and Monetary Policy," Speech, Federal Reserve Bank of Cleveland, number 93697, Feb.
• Stefán Thórarinsson, 2022, "Analysing inflation dynamics in Iceland using a Bayesian structural vector autoregression model," Economics, Department of Economics, Central bank of Iceland, number wp88, Jan.
• Martin Hodula & Jan Janku & Lukas Pfeifer, 2021, "Interaction of Cyclical and Structural Systemic Risks: Insights from Around and After the Global Financial Crisis," Research and Policy Notes, Czech National Bank, Research and Statistics Department, number 2021/03, Dec.
• Ziesemer, Thomas, 2021, "Global dynamics of Gini coefficients of education for 146 countries updated to 1950-2015," MERIT Working Papers, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT), number 2021-047, Nov.
• Nomaler, Önder & Spinola, Danilo & Verspagen, Bart, 2021, "Demand-led industrialisation policy in a dual-sector small balance of payments constrained economy," MERIT Working Papers, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT), number 2021-038, Oct.
• International Monetary Fund, 2022, "Democratic Republic of the Congo: First Review under the Extended Credit Facility Arrangement, Request for Modification of Performance Criteria, and Financing Assurances Review-Press Release; Staff Re," IMF Staff Country Reports, International Monetary Fund, number 2022/003, Jan.
• Eddie Gerba & Petros Katsoulis, 2021, "The repo market under Basel III," Bank of England working papers, Bank of England, number 954, Dec.
• Loria, Francesca & Matthes, Christian & Wang, Mu-Chun, 2021, "Economic theories and macroeconomic reality," Discussion Papers, Deutsche Bundesbank, number 56/2021.
• International Monetary Fund, 2022, "Senegal: 2021 Article IV Consultation, Fourth Review Under the Policy Coordination Instrument, First Reviews Under the Stand-By Arrangement and the Arrangement Under the Standby Credit Facility, and R," IMF Staff Country Reports, International Monetary Fund, number 2022/008, Jan.
• International Monetary Fund, 2022, "Seychelles: First Review under the Extended Fund Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Seychelles," IMF Staff Country Reports, International Monetary Fund, number 2022/006, Jan.
• Francisco Rivadeneyra & Nellie Zhang, 2022, "Payment Coordination and Liquidity Efficiency in the New Canadian Wholesale Payments System," Discussion Papers, Bank of Canada, number 2022-3, Feb, DOI: 10.34989/sdp-2022-3.
• Carl Grekou, 2021, "EQCHANGE annual assessment 2021," Working Papers, CEPII research center, number 2021-13, Dec.
• Elisa Palagi & Mauro Napoletano & Andrea Roventini & Jean-Luc Gaffard, 2022, "An agent-based model of trickle-up growth and income inequality," Working Papers, HAL, number halshs-03509091, Jan.
• Morita, Hiroshi & Ono, Taiki, 2022, "COVID-19 Uncertainty Index in Japan: Newspaper-Based Measures and Economic Activities," Discussion paper series, Hitotsubashi Institute for Advanced Study, Hitotsubashi University, number HIAS-E-116, Jan.
• Andrew Glover & Jonathan Heathcote & Dirk Krueger, 2022, "Optimal Age-Based Vaccination and Economic Mitigation Policies for the Second Phase of the Covid-19 Pandemic," Staff Report, Federal Reserve Bank of Minneapolis, number 636, Jan, DOI: 10.21034/sr.636.
• Daniel R. Carroll & Sewon Hur, 2022, "On the Distributional Effects of International Tariffs," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 413, Jan, revised 29 Mar 2023, DOI: 10.24149/gwp413r1.
• Soares Martins Neto, Antonio & Mathew, Nanditha & Mohnen, Pierre & Treibich, Tania, 2021, "Is there job polarization in developing economies? A review and outlook," MERIT Working Papers, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT), number 2021-045, Nov.
• International Monetary Fund, 2022, "Republic of Kosovo: 2021 Article IV Consultation-Press Release and Staff Report," IMF Staff Country Reports, International Monetary Fund, number 2022/005, Jan.
• John C. Williams, 2022, "Reading the Recovery," Speech, Federal Reserve Bank of New York, number 93629, Jan.
• Dieci, Roberto & Mignot, Sarah & Westerhoff, Frank H., 2021, "Production delays, technology choice and cyclical cobweb dynamics," BERG Working Paper Series, Bamberg University, Bamberg Economic Research Group, number 174.
• Xavier Jaravel & Martin O'Connell, 2020, "High-frequency changes in shopping behaviours, promotions, and the measurement of inflation: evidence from the Great Lockdown," IFS Working Papers, Institute for Fiscal Studies, number W20/33, Oct.
• Arpan Ganguly & Danilo Spinola, 2022, "Growth and Distribution regimes under Global Value Chains: Diversification, Integration and Uneven Development," Working Papers, Post Keynesian Economics Society (PKES), number PKWP2207, Feb.
• Canes-Wrone, Brandice & Ponce de Leon, Christian & Thieme, Sebastian, 2022, "Electoral Cycles, Investment, and Institutional Constraints in Developing Democracies," IAST Working Papers, Institute for Advanced Study in Toulouse (IAST), number 22-129, Jan.
• Dante B. Canlas, 2020, "What Covid-19 Hath Wrought and Debt Exit Options: A Note on Deficit Financing and Public Debt Management," UP School of Economics Discussion Papers, University of the Philippines School of Economics, number 202011, Jun.
• Assietou Dia & Mathurin Founanou & Zaka Ratsimalahelo, 2022, "Analyse de la performance du secteur agricole et son impact sur la croissance économique du Sénégal," Working Papers, CRESE, number 2022-01, Jan.
• Remi Jedwab & Roberto Samaniego & Paul Romer & Asif Islam, 2022, "Scars of Pandemics from Lost Schooling and Experience: Aggregate Implications and Gender Differences Through the Lens of COVID-19," Working Papers, The George Washington University, Institute for International Economic Policy, number 2022-02, Feb.
• Sylvia Kaufmann, 2022, "Covid-19 outbreak and beyond: A retrospect on the information content of registered short-time workers for GDP now- and forecasting," Working Papers, Swiss National Bank, Study Center Gerzensee, number 22.02, Feb.
• Johannes Geyer & Ralf K. Himmelreicher, 2021, "Entgeltumwandlung im Jahr 2018: Wer nutzt sie in welchem Umfang?," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1977.
• Campos, Nauro F. & Macchiarelli, Corrado, 2021, "The dynamics of core and periphery in the European monetary union: a new approach," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 113423, Apr.
• International Monetary Fund, 2022, "Maldives: Technical Assistance Report-Revising the Fiscal Responsibility Act," IMF Staff Country Reports, International Monetary Fund, number 2022/010, Jan.
• Alain Raybaut, 2021, "Coupling and synchronization dynamics in endogenous business cycles models," Working Papers, HAL, number hal-03505462, Dec.
• Balde, Racky, 2021, "Financial development and small firms’ tax compliance in Sub-Saharan Africa," MERIT Working Papers, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT), number 2021-041, Nov.
• Simona Malovana & Martin Hodula & Josef Bajzik & Zuzana Gric, 2021, "A Tale of Different Capital Ratios: How to Correctly Assess the Impact of Capital Regulation on Lending," Working Papers, Czech National Bank, Research and Statistics Department, number 2021/8, Dec.
• Paul Carrillo-Maldonado & Michalis Nikiforos, 2022, "Estimating a Time-Varying Distribution-Led Regime," Economics Working Paper Archive, Levy Economics Institute, number wp_1001, Feb.
• Thitithep Sitthiyot, 2021, "Macroeconomic and financial management in an uncertain world: What can we learn from complexity science?," Papers, arXiv.org, number 2112.15294, Dec.
• International Monetary Fund, 2022, "Cyprus: Technical Assistance Report-Debt and Cash Management," IMF Staff Country Reports, International Monetary Fund, number 2022/002, Jan.
• Mustapha Douch & Huw Edwards & Sushanta Mallick, 2022, "The UK Productivity Puzzle: Does Firm Cohort matter for their Performance following the Financial Crisis?," Bank of Lithuania Working Paper Series, Bank of Lithuania, number 101, Jan.
• John Caramichael & Gordon Y. Liao, 2022, "Stablecoins: Growth Potential and Impact on Banking," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1334, Jan, DOI: 10.17016/IFDP.2022.1334.
• Massimo Guidolin & Davide La Cara & Massimiliano Marcellino, 2021, "Boosting the Forecasting Power of Conditional Heteroskedasticity Models to Account for Covid-19 Outbreaks," BAFFI CAREFIN Working Papers, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy, number 21169.
• Alexander Chudik & M. Hashem Pesaran & Alessandro Rebucci, 2022, "Social Distancing, Vaccination and Evolution of COVID-19 Transmission Rates in Europe," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 414, Feb, revised 12 Jul 2022, DOI: 10.24149/gwp414r2.
• Ollech, Daniel, 2021, "Economic analysis using higher frequency time series: Challenges for seasonal adjustment," Discussion Papers, Deutsche Bundesbank, number 53/2021.
• Konstantins Benkovskis & Ludmila Fadejeva, 2022, "Chasing the Shadow: the Evaluation of Unreported Wage Payments in Latvia," Working Papers, Latvijas Banka, number 2022/01, Feb.
• Julio Carmona, 2022, "A Simple Endemic Growth Model for Undergraduates," QM&ET Working Papers, University of Alicante, D. Quantitative Methods and Economic Theory, number 22-1, Jan.

Report NEP-MAC-2022-02-14

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: