Report NEP-MAC-2022-06-13

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:

• Martin Geiger & Jochen Güntner, 2022, "The Chronology of Brexit and UK Monetary Policy," Economics working papers, Department of Economics, Johannes Kepler University Linz, Austria, number 2022-06, May.
• Gianluca Benigno & Pierpaolo Benigno, 2022, "Managing Monetary Policy Normalization," Staff Reports, Federal Reserve Bank of New York, number 1015, May.
• Ahmad, Yamin & Murray, James, 2022, "Implications for Determinacy with Average Inflation Targeting," MPRA Paper, University Library of Munich, Germany, number 113119, May.
• Vîntu, Denis, 2022, "An application: Pension systems and transitions," MPRA Paper, University Library of Munich, Germany, number 113128, May, revised May 2022.
• Priit Jeenas & Ricardo Lagos, 2022, "Q-Monetary Transmission," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1839, May.
• Richard Dennis & Pelin Ilbas, 2022, "Monetary and Macroprudential Policy Interactions in a Model of the European Union," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2022-33, Apr.
• Collin Philipps & Sebastian Laumer, 2022, "Government Spending between Active and Passive Monetary Policy," Working Papers, Department of Economics and Geosciences, US Air Force Academy, number 2022-04, May.
• Dąbrowski, Marek A. & Widiantoro, Dimas Mukhlas, 2022, "Effectiveness and conduct of macroprudential policy in Indonesia in 2003-2020: Evidence from the structural VAR models," MPRA Paper, University Library of Munich, Germany, number 112963, May.
• Tanweer Akram & Khawaja Mamun, 2022, "A GARCH Approach to Modeling Chilean Long-Term Swap Yields," Economics Working Paper Archive, Levy Economics Institute, number wp_1008, May.
• Kevin Lee & Kalvinder Shields & Guido Turnip, 2022, "Shock Persistence, Uncertainty and News-Driven Business Cycles," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2022-34, May.
• Dupor, Bill & Karabarbounis, Marios & Kudlyak, Marianna & Mehkari, M. Saif, 2022, "Regional Consumption Responses and the Aggregate Fiscal Multiplier," IZA Discussion Papers, Institute of Labor Economics (IZA), number 15255, Apr.
• Balcilar, Mehmet & Ozdemir, Zeynel Abidin & Ozdemir, Huseyin & Aygun, Gurcan & Wohar, Mark E., 2022, "How Does the Economic Uncertainty Affect Asset Prices under Normal and Financial Distress Times?," IZA Discussion Papers, Institute of Labor Economics (IZA), number 15296, May.
• Ethan M. L. McClure & Olivier Coibion & Yuriy Gorodnichenko, 2022, "The Macroeconomic Expectations of U.S. Managers," NBER Working Papers, National Bureau of Economic Research, Inc, number 29986, Apr.
• Begona Dominguez & Pedro Gomis-Porqueras, 2022, "Normalizing the Central Bank's Balance Sheet: Implications for Inflation and Debt Dynamics," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2022-39, May.
• Congressional Budget Office, 2022, "The Budget and Economic Outlook: 2022 to 2032," Reports, Congressional Budget Office, number 57950, May.
• Kris James Mitchener & Gonçalo Pina, 2022, "Causal Effects of Countercyclical Interest Rates: Evidence from the Classical Gold Standard," CESifo Working Paper Series, CESifo, number 9716.
• Alistair Macaulay, 2022, "Heterogeneous Information, Subjective Model Beliefs, and the Time-Varying Transmission of Shocks," CESifo Working Paper Series, CESifo, number 9733.
• International Monetary Fund, 2022, "New Zealand: 2022 Article IV Consultation-Press Release; and Staff Report," IMF Staff Country Reports, International Monetary Fund, number 2022/138, May.
• Bachmann, Rüdiger & Bayer, Christian & Stüber, Heiko & Wellschmied, Felix, 2022, "Monopsony Makes Firms Not Only Small but Also Unproductive: Why East Germany Has Not Converged," IZA Discussion Papers, Institute of Labor Economics (IZA), number 15293, May.
• Ozge Akinci & Ṣebnem Kalemli-Özcan & Albert Queraltó, 2022, "Uncertainty Shocks, Capital Flows, and International Risk Spillovers," Staff Reports, Federal Reserve Bank of New York, number 1016, May.
• Luis Bauluz & Filip Novokmet & Moritz Schularick, 2022, "The Anatomy of the Global Saving Glut," CESifo Working Paper Series, CESifo, number 9732.
• Gersbach, Hans & Zelzner, Sebastian, 2022, "Why bank money creation?," CFS Working Paper Series, Center for Financial Studies (CFS), number 678.
• James K. Self & Kim P. Huynh, 2022, "Exercise Based Pedagogy to transition to Today's Implementation of Monetary Policy in Macroeconomics Principles," CAEPR Working Papers, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington, number 2022-009 Classification-E, May.
• Brancatelli, Calogero & Inderst, Roman, 2021, "Income and Consumption over the Business Cycle: Evidence from Matched Administrative Data," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 253665.
• International Monetary Fund, 2022, "Republic of Moldova: Ad Hoc Review Under the Extended Credit Facility; Request for Augmentation and Rephasing of Access, Modification of Performance Criteria, and Completion of the Inflation Consultation Under the Extended Credit Facility and Extende," IMF Staff Country Reports, International Monetary Fund, number 2022/140, May.
• Marianna Kudlyak & Murat Tasci & Didem Tuzemen, 2023, "Minimum Wage Increases and Vacancies," Working Paper Series, Federal Reserve Bank of San Francisco, number 2022-10, Jan, DOI: 10.24148/wp2022-10.
• Riccardo De Bonis & Giuseppe Ferrero, 2022, "Technological progress and institutional adaptations: the case of the Central Bank Digital Currency (CBDC)," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 690, Apr.
• Kudlyak, Marianna & Tasci, Murat & Tüzemen, Didem, 2022, "Minimum Wage Increases and Vacancies," IZA Discussion Papers, Institute of Labor Economics (IZA), number 15254, Apr.
• William F. Bassett & David E. Rappoport, 2022, "Enhancing Stress Tests by Adding Macroprudential Elements," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2022-022, May, DOI: 10.17016/FEDS.2022.022.
• Simon Hildebrandt & Jochen Michaelis, 2022, "The Financial Resource Curse Revisited: The Supply-Side Effect of Low Interest Rates," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 202222.
• Yao Chen & Felix Ward, 2022, "Output Divergence in Fixed Exchange Rate Regimes: Is the Euro Area Growing Apart?," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 22-031/VI, Apr.
• Sami Alpanda & Uluc Aysun & Serdar Kabaca, 2022, "International Portfolio Rebalancing and Fiscal Policy Spillovers," Working Papers, University of Central Florida, Department of Economics, number 2022-01, May.
• Item repec:ehl:lserod:115109 is not listed on IDEAS anymore

• Agostino Consolo & Filippos Petroulakis, 2022, "Did COVID-19 induce a reallocation wave?," Working Papers, Bank of Greece, number 295, Mar, DOI: 10.52903/wp2021295.
• Laura A. Harvey & James Rockey, 2022, "The declining fortunes of (most) American workers," Discussion Papers, Department of Economics, University of Birmingham, number 22-07, May.
• Woodgate, Ryan, 2022, "Offshoring via vertical FDI in a long-run Kaleckian model," IPE Working Papers, Berlin School of Economics and Law, Institute for International Political Economy (IPE), number 182/2022.
• Jon Eguia & Dimitrios Xefteris, 2022, "Lognormal (Re)Distribution: A Macrofounded Theory of Inequality," University of Cyprus Working Papers in Economics, University of Cyprus Department of Economics, number 04-2022, May.
• Xin Tian & Jan Jacobs & Jakob de Haan, 2022, "Alternative Measures for the Global Financial Cycle: Do They Make a Difference?," CESifo Working Paper Series, CESifo, number 9730.
• Jaunius Karmelavičius & Ieva Mikaliūnaitė-Jouvanceau & Andrius Buteikis, 2022, "What drove the rise in bank lending rates in Lithuania during the low-rate era?," Bank of Lithuania Occasional Paper Series, Bank of Lithuania, number 43, May.
• Liu, Gang & Fraumeni, Barbara M. & Managi, Shunsuke, 2022, "Human Capital Growth - with Region and Gender in Perspective," IZA Discussion Papers, Institute of Labor Economics (IZA), number 15273, May.
• Arun Gupta & Horacio Sapriza & Vladimir Yankov, 2022, "The Collateral Channel and Bank Credit," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2022-024r1, May, revised 19 Nov 2025, DOI: 10.17016/FEDS.2022.024r1.
• Jose Luis Oreiro & Julio Fernando Costa Santos, 2022, "The Impossible Quartet in a Demand Led Growth-Supermultiplier Model for a Small Open Economy," Working Papers, Post Keynesian Economics Society (PKES), number PKWP2215, May.
• Luca Benati, 2022, "Exploring the Trade-Off Between Leaning Against Credit and Stabilizing Real Activity," Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft, number dp2202, May.
• Emilio Colombo & Davide Furceri & Pietro Pizzuto & Patrizio Tirelli, 2022, "Fiscal Multipliers and Informality," DISEIS - Quaderni del Dipartimento di Economia internazionale, delle istituzioni e dello sviluppo, Università Cattolica del Sacro Cuore, Dipartimento di Economia internazionale, delle istituzioni e dello sviluppo (DISEIS), number dis2201.
• Vîntu, Denis, 2022, "Model of Government Ponzi Games and Debt Dynamics Under Uncertainty," MPRA Paper, University Library of Munich, Germany, number 112964, May, revised 29 Mar 2022.
• Camous, Antoine & Van der Ghote, Alejandro, 2022, "Financial cycles under diagnostic beliefs," Working Paper Series, European Central Bank, number 2659, May.
• Ulrich Eydam & Francesca Diluiso, 2022, "How to Redistribute the Revenues from Climate Policy? A Dynamic Perspective with Financially Constrained Households," CEPA Discussion Papers, Center for Economic Policy Analysis, number 45, May, DOI: 10.25932/publishup-54896.
• Can Xu & Andreas Steiner, 2022, "Does Public Employment Affect Household Saving Rates? Evidence from Chinese Household Data," CESifo Working Paper Series, CESifo, number 9741.
• Gulan, Adam & Jokivuolle, Esa & Verona, Fabio, 2022, "Optimal bank capital requirements: What do the macroeconomic models say?," BoF Economics Review, Bank of Finland, number 2/2022.
• Item repec:umc:wpaper:2022 is not listed on IDEAS anymore

• Dubois, Corinne & Lambertini, Luisa & Wu, Yu, 2022, "Gender Effects of the Covid-19 Pandemic in the Swiss Labor Market," FSES Working Papers, Faculty of Economics and Social Sciences, University of Freiburg/Fribourg Switzerland, number 525, May.
• Igbafe, Timothy, 2022, "Effectiveness of Monetary Policy in Stimulating Economic Growth in Nigeria," MPRA Paper, University Library of Munich, Germany, number 112622, Jan.
• Christian Hepenstrick & Jason Blunier, 2022, "What were they thinking? Estimating the quarterly forecasts underlying annual growth projections," Working Papers, Swiss National Bank, number 2022-05.
• Israel Garcia & Bernd Hayo, 2022, "The Influence of Politicians’ Sex on Political Budget Cycles: An Empirical Analysis of Spanish Municipalities," MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung), number 202223.
• Ruth Cohen & Oz Shy & Joanna Stavins, 2022, "Payments Evolution from Paper to Electronic Payments by Merchant Type," Working Papers, Federal Reserve Bank of Boston, number 22-6, Feb, DOI: 10.29412/res.wp.2022.06.
• Tsoulfidis, Lefteris, 2022, "Effective Rank and Dimensionality Reduction: From Complex Disaggregation Back to a Simple World," MPRA Paper, University Library of Munich, Germany, number 113068, Apr, revised 13 May 2022.
• David Coyne & Itzik Fadlon & Tommaso Porzio, 2022, "Measuring the Valuation of Liquidity with Penalized Withdrawals," NBER Working Papers, National Bureau of Economic Research, Inc, number 30007, Apr.
• Adalid, Ramón & Álvarez-Blázquez, Álvaro & Assenmacher, Katrin & Burlon, Lorenzo & Dimou, Maria & López-Quiles, Carolina & Martín Fuentes, Natalia & Meller, Barbara & Muñoz, Manuel A. & Radulova, Pety, 2022, "Central bank digital currency and bank intermediation," Occasional Paper Series, European Central Bank, number 293, May.
• Eder, Andreas & Koller, Wolfgang & Mahlberg, Bernhard, 2022, "The contribution of industrial robots to labor productivity growth and economic convergence: A production frontier approach," MPRA Paper, University Library of Munich, Germany, number 113126, Mar.
• Nikola Fabris & Nina Vujanović, 2022, "What Drives Credit Risk? Empirical Evidence from Southeast Europe," wiiw Working Papers, The Vienna Institute for International Economic Studies, wiiw, number 214, May.
• Caroline Jardet & Baptiste Meunier, 2022, "Nowcasting world GDP growth with high‐frequency data," Post-Print, HAL, number hal-03647097, Sep, DOI: 10.1002/for.2858.
• Thöne, Michael, 2022, "The quality of public finances," FiFo Discussion Papers - Finanzwissenschaftliche Diskussionsbeiträge, University of Cologne, FiFo Institute for Public Economics, number 22-2.
• Dutta, Nabamita & Kar, Saibal, 2022, "Lockdown and Rural Joblessness in India: Gender Inequality in Employment?," IZA Discussion Papers, Institute of Labor Economics (IZA), number 15270, May.
• Lorie Logan, 2022, "Considerations on the Road Ahead for Monetary Policy Implementation," Speech, Federal Reserve Bank of New York, number 94350, Jun.
• António Portugal Duarte & Fátima Sol Murta, 2022, "Macroeconomic Impacts of the Covid-19 Pandemic in Some European Union Countries: A Counterfactual Analysis," GEE Papers, Gabinete de Estratégia e Estudos, Ministério da Economia, number 0161, May, revised May 2022.
• Oleg Itskhoki & Dmitry Mukhin, 2022, "Sanctions and the Exchange Rate," NBER Working Papers, National Bureau of Economic Research, Inc, number 30009, Apr.
• Omang Ombolo Messono & Simplice A. Asongu & Vanessa S. Tchamyou, 2022, "Historical prevalence of infectious diseases and gender equality in 122 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 22/005, Jan.
• Gianluca Benigno & Julian di Giovanni & Jan J. J. Groen & Adam I. Noble, 2022, "Global Supply Chain Pressure Index: May 2022 Update," Liberty Street Economics, Federal Reserve Bank of New York, number 20220518, May.
• Robert Amzallag, 2022, "The return of inflation: a banker’s perspective," CIRANO Burgundy Reports, CIRANO, number 2022rb-01, May.
• Kohnert, Dirk, 2022, "Sans billet retour pour le Rwanda ? Boris Johnson et Paul Kagame forgent des politiques migratoires inhumaines pour leur bénéfice mutuel
  [One-way ticket to Rwanda ? : Boris Johnson's cruel refugee tactic meets Kagame's shady immigration handling]," MPRA Paper, University Library of Munich, Germany, number 113100, May.
• Abdul Jalil, 2021, "Don�t Fall in Love with Parity: Understanding Exchange Rate Depreciation," PIDE Knowledge Brief, Pakistan Institute of Development Economics, number 2021:42.
• Klaus Adam & Stefan Nagel, 2022, "Expectations Data in Asset Pricing," NBER Working Papers, National Bureau of Economic Research, Inc, number 29977, Apr.
• Syed M. Ahsan & S. Quamrul Ahsan, 2022, "The WB Constant Dollar Income Concept: An Interpretation," CESifo Working Paper Series, CESifo, number 9726.
• Markus K. Brunnermeier & Sebastian, Sannikov, Yuliy Merkel & Sebastian Merkel, 2021, "Debt as Safe Asset," CESifo Working Paper Series, CESifo, number 9500.
• Zdravka Todorova, 2022, "Care, Job Guarantee, and Revisiting “Socialization of Investment”: Insights from Institutional Economics," Working Papers, Post Keynesian Economics Society (PKES), number PKWP2216, May.
• Boysen-Hogrefe, Jens, 2022, "Zur Überwälzung der Erzeuger- und Importpreise auf die Verbraucherpreise," Kiel Insight, Kiel Institute for the World Economy, number 2022.03.
• Florian Ederer & Bruno Pellegrino, 2022, "A Tale of Two Networks: Common Ownership and Product Market Rivalry," NBER Working Papers, National Bureau of Economic Research, Inc, number 30004, Apr.

Report NEP-MAC-2022-06-13

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: