Report NEP-MAC-2003-03-03

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:

• Lusine LUSINYAN, 2002. "International Capital Flows, Economic Growth and Financial Market Efficiency," Economics Working Papers ECO2002/20, European University Institute.
• Item repec:cte:dhrepe:dh030403 is not listed on IDEAS anymore

• Item repec:man:cgbcrp:0316 is not listed on IDEAS anymore

• Ramón, Maria Dolores & Ruge Murcia, F. J., 2002. "Nonlinear monetary policy rules: some new evidence for the US," UC3M Working papers. Economics we022910, Universidad Carlos III de Madrid. Departamento de Economía.
• M Sensier & M Artis & C R Birchenhall & D R Osborn, 2002. "Domestic and International Influences on Business Cycle Regimes in Europe," Economics Discussion Paper Series 0202, Economics, The University of Manchester.
• Valpy FitzGerald, "undated". "The Instability of the Emerging Market Assets Demand Schedule," QEH Working Papers qehwps91, Queen Elizabeth House, University of Oxford.
• Martha de Melo & Gur Ofer & Plamen Yossifov, 2003. "Transition in Regional Capitals along the Volga," Public Economics 0302010, University Library of Munich, Germany.
• Barbara Harriss-White, "undated". "India's Religious Pluralism and its Implications for the Economy," QEH Working Papers qehwps82, Queen Elizabeth House, University of Oxford.
• Item repec:man:cgbcrp:0324 is not listed on IDEAS anymore

• Anindya BANERJEE & Massimiliano MARCELLINO, 2002. "Are There Any Reliable Leading Indicators for US Inflation and GDP Growth?," Economics Working Papers ECO2002/21, European University Institute.
• Item repec:cte:whrepe:wh030804 is not listed on IDEAS anymore

• Michael Spagat, 2002. "Human Capital, Growth and Inequality in Transition Economies," William Davidson Institute Working Papers Series 499, William Davidson Institute at the University of Michigan.
• Lindsay Whitfield, "undated". "Civil Society as Idea and Civil Society as Process: The Case of Ghana," QEH Working Papers qehwps92, Queen Elizabeth House, University of Oxford.
• A Matas-Mir & D R Osborn, 2003. "Seasonal Adjustment and the Detection of Business Cycle Phases," Economics Discussion Paper Series 0304, Economics, The University of Manchester.
• Karolina Ekholm & Rikard Forslid & James Markusen, 2003. "Export-Platform Foreign Direct Investment," NBER Working Papers 9517, National Bureau of Economic Research, Inc.
• Item repec:man:cgbcrp:0315 is not listed on IDEAS anymore

• Item repec:man:cgbcrp:0310 is not listed on IDEAS anymore

• N Aslanidis & D R Osborn & M Sensier, 2003. "Explaining Movements in UK Stock Prices: How Important is the US Market?," Economics Discussion Paper Series 0305, Economics, The University of Manchester.
• Tommaso PROIETTI & Alberto MUSSO & Thomas WESTERMANN, 2002. "Estimating Potential Output and the Output Gap for the Euro Area: a Model-Based Production Function Approach," Economics Working Papers ECO2002/09, European University Institute.
• Item repec:cte:whrepe:wh030905 is not listed on IDEAS anymore

• Rui Nuno Baleiras & José da Silva Costa, 2003. "To Be or Not To Be in Office Again: Political Business Cycles with Local Governments," Public Economics 0302009, University Library of Munich, Germany.
• James Heintz, 2003. "Out of Gear? Economic Policy and Performance in Post-Apartheid South Africa," Research Briefs rb2003-1, Political Economy Research Institute, University of Massachusetts at Amherst.
• Robert Pollin, 2002. "Recession, Deficit Spending, and U.S. Economic Prospects," Research Briefs rb2002-3, Political Economy Research Institute, University of Massachusetts at Amherst.
• L Kaas & P Madden, 2002. "Competitive Wage Cycles with Imperfect Output Market Competition," Economics Discussion Paper Series 0212, Economics, The University of Manchester.
• Dong Fu & Lori L. Taylor & Mine K. Yücel, 2003. "Fiscal policy and growth," Working Papers 0301, Federal Reserve Bank of Dallas.
• Igor MASTEN, 2002. "How Important Is the Shock-Absorbing Role of the Real Exchange Rate?," Economics Working Papers ECO2002/06, European University Institute.
• L Kaas & P Madden, 2002. "Equilibrium Involuntary Unemployment under Oligempory," Economics Discussion Paper Series 0213, Economics, The University of Manchester.
• Valpy FitzGerald, "undated". "Regulatory Investment Incentives," QEH Working Papers qehwps80, Queen Elizabeth House, University of Oxford.
• Edgar L. Feige, 2003. "The Dynamics of Currency Substitution, Asset Substitution and De facto Dollarization and Euroization in Transition Countries," Macroeconomics 0302005, University Library of Munich, Germany.
• Item repec:man:cgbcrp:0318 is not listed on IDEAS anymore

• Philip Arestis & Malcolm Sawyer, "undated". "European Integration and the 'Euro Project'," Economics Policy Note Archive 02-3, Levy Economics Institute.
• Michael W. Brandt & Kenneth A. Kavajecz, 2003. "Price Discovery in the U.S. Treasury Market: The Impact of Orderflow and Liquidity on the Yield Curve," NBER Working Papers 9529, National Bureau of Economic Research, Inc.
• D H Kim, 2003. "Another Look at Yield Spreads: The Role of Liquidity," Economics Discussion Paper Series 0306, Economics, The University of Manchester.
• James A. Kahn & Robert W. Rich, 2003. "Tracking the new economy: using growth theory to detect changes in trend productivity," Staff Reports 159, Federal Reserve Bank of New York.
• John E. Jackson & Bogdan Mach, 2002. "Job Creation, Destruction and Transition in Poland, 1988-1998: Panel Evidence," William Davidson Institute Working Papers Series 502, William Davidson Institute at the University of Michigan.
• Hugh Rockoff, 2003. "Deflation, Silent Runs, and Bank Holidays, in the Great Contraction," NBER Working Papers 9522, National Bureau of Economic Research, Inc.
• Anindya BANERJEE & Bill RUSSEL, 2002. "A Markup Model for Forecasting Inflation in the Euro AreaI," Economics Working Papers ECO2002/16, European University Institute.
• Item repec:lev:levppb:71 is not listed on IDEAS anymore

• Robert F. Martin, 2003. "Consumption, durable goods, and transaction costs," International Finance Discussion Papers 756, Board of Governors of the Federal Reserve System (U.S.).
• George G. Kaufman, 2003. "Depositor liquidity and loss-sharing in bank failure resolutions," Working Paper Series WP-03-02, Federal Reserve Bank of Chicago.
• Item repec:man:cgbcrp:0303 is not listed on IDEAS anymore

• Raouf BOUCEKKINE & Omar LICANDRO & Luis A. PUCH & Fernando DEL RIO, 2002. "Vintage Capital And the Dynamics of the AK Model," Economics Working Papers ECO2002/07, European University Institute.
• Piva, Mariacristina & Vivarelli, Marco, 2003. "Innovation and Employment: Evidence from Italian Microdata," IZA Discussion Papers 730, Institute of Labor Economics (IZA).
• Item repec:cte:dhrepe:dh030302 is not listed on IDEAS anymore

• Philippe Aghion & Wendy Carlin & Mark Schaffer, 2002. "Competition, Innovation and Growth in Transition: Exploring the Interactions between Policies," William Davidson Institute Working Papers Series 501, William Davidson Institute at the University of Michigan.
• Jeffrey Carpenter & Peter Hans Matthews, 2003. "No Switchbacks: Rethinking Aspiration-Based Dynamics in the Ultimatum Game," Middlebury College Working Paper Series 0218r, Middlebury College, Department of Economics.
• Item repec:man:cgbcrp:0325 is not listed on IDEAS anymore

• Item repec:man:cgbcrp:0312 is not listed on IDEAS anymore

• D van Dijk & D R Osborn & M Sensier, 2002. "Changes in variability of the business cycle in the G7 countries," Economics Discussion Paper Series 0204, Economics, The University of Manchester.
• Menzie D. Chinn, 2003. "Doomed to Deficits? Aggregate U.S. Trade Flows Re-Examined," NBER Working Papers 9521, National Bureau of Economic Research, Inc.
• Plamen Yossifov, 2003. "The Use of Credit Ceilings in the Presence of Indirect Monetary," Macroeconomics 0302008, University Library of Munich, Germany.
• K Blackburn & A Pelloni, 2002. "Growth, Cycles and Stabilisation Policy," Economics Discussion Paper Series 0216, Economics, The University of Manchester.
• Item repec:man:cgbcrp:0323 is not listed on IDEAS anymore

• L Kaas & P Madden, 2002. "Imperfectly Competitive Cycles with Keynesian and Walrasian Features," Economics Discussion Paper Series 0211, Economics, The University of Manchester.
• Stepan Jurajda & Daniel M??nich, 2002. "Understanding Czech Long-Term Unemployment," William Davidson Institute Working Papers Series 498, William Davidson Institute at the University of Michigan.
• Elissa Braunstein, 2003. "Shifting Women’s Work from the Home to Market: Assessing Policies for Economic Growth in Taiwan," Research Briefs rb2003-2, Political Economy Research Institute, University of Massachusetts at Amherst.
• Christian Broda & Eduardo Levy Yeyati, 2003. "Endogenous deposit dollarization," Staff Reports 160, Federal Reserve Bank of New York.
• Item repec:man:cgbcrp:0317 is not listed on IDEAS anymore

• Jimeno, Juan F., 2002. "A matching model of crowding-out and on-the- job search (with an application to Spain)," UC3M Working papers. Economics we022809, Universidad Carlos III de Madrid. Departamento de Economía.
• Thomas STEINBERGER, 2002. "Imperfect Financial Markets and Investment Dynamics," Economics Working Papers ECO2002/04, European University Institute.
• D H Kim & D R Osborn & M Sensier, 2002. "Nonlinearity in the Fed's Monetary Policy Rule," Economics Discussion Paper Series 0205, Economics, The University of Manchester.
• Tommaso PROIETTI, 2002. "Some Reflections on Trend-Cycle Decompositions with Correlated Components," Economics Working Papers ECO2002/23, European University Institute.
• Anindya BANERJEE & Paul MIZEN & Bill RUSSELL, 2002. "The Long-Run Relationship among Relative Price Variability, Inflation and the Markup," Economics Working Papers ECO2002/01, European University Institute.
• Voicu, Alexandru & Buddelmeyer, Hielke, 2003. "Children and Women's Participation Dynamics: Transitory and Long-Term Effects," IZA Discussion Papers 729, Institute of Labor Economics (IZA).
• Panagiotis T. KONSTANTINOU, 2002. "The Problem of Measurement: An Analysis of Money Demand Price Homogeinity in the Long Run," Economics Working Papers ECO2002/14, European University Institute.
• Marianne Baxter & Michael A. Kouparitsas, 2002. "Trade structure, industrial structure, and international business cycles," Working Paper Series WP-02-30, Federal Reserve Bank of Chicago.
• Michael D. Bordo & Angela Redish, 2003. "Is Deflation depressing? Evidence from the Classical Gold Standard," NBER Working Papers 9520, National Bureau of Economic Research, Inc.
• Item repec:cte:dhrepe:dh030504 is not listed on IDEAS anymore

• Rodrigo Cubero-Brealey, "undated". "FDI, Foreign Affiliate Operations, and the Transfer Process: Macroeconomic Adjustment to FDI Inflows in the Case of Costa Rica," QEH Working Papers qehwps87, Queen Elizabeth House, University of Oxford.
• R Amir & I Evstigneev & T Hens & K R Schenk-Hoppé, 2002. "Market Selection and Survival of Investment Strategies," Economics Discussion Paper Series 0215, Economics, The University of Manchester.
• Stepan Jurajda & Katherine Terrell, 2002. "Job Growth in Early Transition: Comparing Two Paths," William Davidson Institute Working Papers Series 503, William Davidson Institute at the University of Michigan.
• Item repec:man:cgbcrp:0311 is not listed on IDEAS anymore

• Nicola GIAMMARIOLI & Julian MESSINA & Thomas STEINBERGER & Chiara STROZZI, 2002. "European Labor Share Dynamics: An Institutional Perspective," Economics Working Papers ECO2002/13, European University Institute.
• Sébastien Wälti, 2003. "Contagion and interdependence among Central European economies: the impact of common external shocks," IHEID Working Papers 02-2003, Economics Section, The Graduate Institute of International Studies.
• Petr DUCZYNSKI, 2002. "On the Empirics of the Nonneutrality of Money: Evidence From Developed Countries," Economics Working Papers ECO2002/05, European University Institute.
• Sánchez Mangas, Rocío, 2001. "Estimation of a dynamic discrete choice model of irreversible investment," DES - Working Papers. Statistics and Econometrics. WS ws015628, Universidad Carlos III de Madrid. Departamento de Estadística.
• Labeaga, José M. & López-Salido, J. David, 2002. "Consumption and habits : evidence from panel data," UC3M Working papers. Economics we023415, Universidad Carlos III de Madrid. Departamento de Economía.
• Plamen Yossifov, 2003. "Selective Credit Controls And The Money Supply Process In Transitional Economies: The Case Of Bulgaria," Macroeconomics 0302006, University Library of Munich, Germany.
• Jana Stefanov?? Lauerov?? & Katherine Terrell, 2002. "Explaining Gender Differences in Unemployment with Micro Data on Flows in Post-Communist Economies," William Davidson Institute Working Papers Series 506, William Davidson Institute at the University of Michigan.
• Albacete, Rebeca & Mínguez, Román & Senra, Eva, 2002. "Macroeconomic forecasts for the euro-zone and some policy implications," DES - Working Papers. Statistics and Econometrics. WS ws023607, Universidad Carlos III de Madrid. Departamento de Estadística.
• Raouf BOUCEKKINE & David DE LA CROIX & Omar LICANDRO, 2002. "Early Mortality Declines at the Dawn of Modern Growth," Economics Working Papers ECO2002/11, European University Institute.
• Martínez, Miguel Ángel & Nieto, Belén & Rubio, Gonzalo, 2002. "Asset pricing and systematic liquidity risk: an empirical investigation of the Spanish stock market," DEE - Working Papers. Business Economics. WB wb026022, Universidad Carlos III de Madrid. Departamento de Economía de la Empresa.
• G J Bratsiotis & W Robinson, 2002. "Economic Fundamentals and Self-Fulfilling Crises: Some Evidence from Mexico," Economics Discussion Paper Series 0214, Economics, The University of Manchester.
• Raiser, Martin & Schaffer, Mark E & Schuchhardt, Johannes, 2003. "Benchmarking Structural Change in Transition," IZA Discussion Papers 727, Institute of Labor Economics (IZA).
• Bill RUSSELL & Jonathan EVANS & Bruce PRESTON, 2002. "The Impact of Inflation and Uncertainty on the Optimum Markup Set by Firms," Economics Working Papers ECO2002/02, European University Institute.
• Item repec:man:cgbcrp:0321 is not listed on IDEAS anymore

• Rosemary Thorp and Graciela Zevallos, "undated". "The Economic Policies Of The Fujimori Years: A Return To The Past?," QEH Working Papers qehwps83, Queen Elizabeth House, University of Oxford.
• Xinshen DIAO & Jorn RATTSO & Hildegunn E. STOKKE, 2002. "Learning by Exporting and Productivity-Investment Interaction: An Intertemporal General Equilibrium Analysis of the Growth Process in Thailand," Economics Working Papers ECO2002/25, European University Institute.
• Carlos A. Rodríguez Ramos, 2003. "The P* model as a general identity to analyze and forecast the behavior of the inflation rate in the economy of Puerto Rico," Econometrics 0302002, University Library of Munich, Germany.
• James K. Galbraith, "undated". "The Brazilian Swindle and The Larger International Monetary Problem," Economics Policy Note Archive 02-2, Levy Economics Institute.
• Item repec:man:cgbcrp:0327 is not listed on IDEAS anymore

• Item repec:man:cgbcrp:0319 is not listed on IDEAS anymore

• Steven Fries & Damien Neven & Paul Seabright, 2002. "Bank Performance in Transition Economies," William Davidson Institute Working Papers Series 505, William Davidson Institute at the University of Michigan.
• F. Owen Irvine & Scott Schuh, 2002. "Inventory investment and output volatility," Working Papers 02-6, Federal Reserve Bank of Boston.
• Philip Arestis & Malcolm Sawyer, "undated". "Reforming the Euro's Institutional Framework," Economics Policy Note Archive 03-2, Levy Economics Institute.
• Yu-Fu CHEN & Bill RUSSELL, 2002. "An Optimising Model of Price Adjustment with Missing Information," Economics Working Papers ECO2002/03, European University Institute.
• Plamen Yossifov, 2003. "Estimation of a Money Demand Function for M2 in the U.S.A. in a Vector Error Correction Model," Macroeconomics 0302007, University Library of Munich, Germany.
• K Blackburn & R Galindev, 2003. "Growth, Volatility and Learning," Economics Discussion Paper Series 0303, Economics, The University of Manchester.
• Michael ARTIS & Massimiliano MARCELLINO & Tommaso PROIETTI, 2002. "Dating the Euro Area Business Cycle," Economics Working Papers ECO2002/24, European University Institute.
• G J Bratsiotis & C Martin, 2002. "Monetary Policy Rules, Real Rigidity and Endogenous Persistence," Economics Discussion Paper Series 0221, Economics, The University of Manchester.
• Item repec:man:cgbcrp:0326 is not listed on IDEAS anymore

• Item repec:man:cgbcrp:0320 is not listed on IDEAS anymore

• Wynne Godley, "undated". "Kick-Start Strategy Fails to Fire Sputtering U.S. Economic Motor," Economics Policy Note Archive 02-1, Levy Economics Institute.