Report NEP-MAC-2007-10-20

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:

• Item repec:hhs:bofrdp:2007_018 is not listed on IDEAS anymore

• Lawrence Christiano & Roberto Motto & Massimo Rostagno, 2007. "Two Reasons Why Money and Credit May be Useful in Monetary Policy," NBER Working Papers 13502, National Bureau of Economic Research, Inc.
• Pham The Anh, 2007. "Nominal Rigidities and The Real Effects of Monetary Policy in a Structural VAR Model," Working Papers 06, Development and Policies Research Center (DEPOCEN), Vietnam.
• Mash, Richard, 2007. "Endogenous Indexing and Monetary Policy Models," Economics Discussion Papers 2007-36, Kiel Institute for the World Economy (IfW Kiel).
• Ozge Senay, 2007. "Interest Rate Rules and Welfare in Open Economies," CDMA Working Paper Series 200715, Centre for Dynamic Macroeconomic Analysis.
• Maruška Vizek & Tanja Broz, 2007. "Modelling Inflation in Croatia," Working Papers 0703, The Institute of Economics, Zagreb.
• Alexius, Annika & Holmlund, Bertil, 2007. "Monetary Policy and Swedish Unemployment Fluctuations," Economics Discussion Papers 2007-34, Kiel Institute for the World Economy (IfW Kiel).
• MOONS, Cindy & GARRETSEN, Harry & VAN AARLE, Bas & FORNERO, Jorge, 2007. "Monetary policy in the new-Keynesian model: An application to the Euro-Area," Working Papers 2007014, University of Antwerp, Faculty of Business and Economics.
• Joao Sousa & Andrea Zaghini, 2007. "Monetary Policy Shocks in the Euro Area and Global Liquidity Spillovers," Temi di discussione (Economic working papers) 629, Bank of Italy, Economic Research and International Relations Area.
• Cláudio Gontijo, 2007. "Os mecanismos de transmissão da política monetária: uma abordagem teórica," Textos para Discussão Cedeplar-UFMG td321, Cedeplar, Universidade Federal de Minas Gerais.
• David G. Blanchflower, 2007. "Is Unemployment More Costly Than Inflation?," NBER Working Papers 13505, National Bureau of Economic Research, Inc.
• erdogdu, oya, 2006. "Tüketim ve Kamu Harcamaları: VECM modeli [Searching for Fiscal Effects: A VECM model of Household Consumption Expenditures]," MPRA Paper 5333, University Library of Munich, Germany, revised May 2007.
• F. Degraeve, 2007. "The External Finance Premium and the Macroeconomy: US post-WWII Evidence," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 07/482, Ghent University, Faculty of Economics and Business Administration.
• Carlos Marinheiro, 2007. "The Stability and Growth Pact, Fiscal Policy Institutions, and Stabilization in Europe," GEMF Working Papers 2007-07, GEMF, Faculty of Economics, University of Coimbra.
• Jean Imbs & Eric Jondeau & Florian Pelgrin, 2007. "Aggregating Phillips Curves," Swiss Finance Institute Research Paper Series 07-06, Swiss Finance Institute.
• Tervala, Juha, 2007. "Technology Shocks and Employment in Open Economies," Economics Discussion Papers 2007-40, Kiel Institute for the World Economy (IfW Kiel).
• Ellen R. McGrattan & Edward C. Prescott, 2007. "Unmeasured Investment and the Puzzling U.S. Boom in the 1990s," NBER Working Papers 13499, National Bureau of Economic Research, Inc.
• PLASMANS, Joseph & FORNERO, Jorge & MICHALAK, Tomasz, 2006. "A microfounded sectoral model for open economies," Working Papers 2007013, University of Antwerp, Faculty of Business and Economics.
• VAN AARLE, Bas & GARRETSEN, Harry & MOONS, Cindy, 2007. "Accession to the Euro-area: A stylized analysis using a NK model," Working Papers 2007015, University of Antwerp, Faculty of Business and Economics.
• Ricci, Luca Antonio, 2007. "A Model of an Optimum Currency Area," Economics Discussion Papers 2007-45, Kiel Institute for the World Economy (IfW Kiel).
• Ivan Jaccard, 2006. "House Prices, Real Estate Returns and the Business Cycle," Swiss Finance Institute Research Paper Series 06-37, Swiss Finance Institute.
• Costa, Lu s F. & Dixon, Huw David, 2007. "A Simple Business-Cycle Model with Shumpeterian Features," Cardiff Economics Working Papers E2007/28, Cardiff University, Cardiff Business School, Economics Section.
• Burstein, Ariel Tomas & Hellwig, Christian, 2007. "Prices and Market Shares in a Menu Cost Model," CEPR Discussion Papers 6504, C.E.P.R. Discussion Papers.
• Torsten Schmidt & Tobias Zimmermann, 2007. "Why are the Effects of Recent Oil Price Shocks so Small?," Ruhr Economic Papers 0029, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
• Álvarez, Luis J., 2007. "What Do Micro Price Data Tell Us on the Validity of the New Keynesian Phillips Curve?," Economics Discussion Papers 2007-46, Kiel Institute for the World Economy (IfW Kiel).
• Item repec:hhs:bofrdp:2007_015 is not listed on IDEAS anymore

• Rebelo, Sérgio & Jaimovich, Nir, 2007. "News and Business Cycles in Open Economies," CEPR Discussion Papers 6520, C.E.P.R. Discussion Papers.
• Timmermann, Allan & Patton, Andrew, 2007. "Learning in Real Time: Theory and Empirical Evidence from the Term Structure of Survey Forecasts," CEPR Discussion Papers 6526, C.E.P.R. Discussion Papers.
• Álvaro Pina & Nuno Venes, 2007. "The Political Economy of EDP Fiscal Forecasts: An Empirical Assessment," Working Papers Department of Economics 2007/23, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
• Item repec:dgr:kubcen:200778 is not listed on IDEAS anymore

• Item repec:ven:wpaper:15_07 is not listed on IDEAS anymore

• João Silvestre & António Mendonça & José Passos, 2007. "The Shrinking Endogeneity of Optimum Currency Areas Criteria: Evidence from the European Monetary Union – A Beta Regression Approach," Working Papers Department of Economics 2007/22, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
• Driver, Ciaran F. & Hall, Stephen G., 2007. "Production Constraints and the NAIRU," Economics Discussion Papers 2007-41, Kiel Institute for the World Economy (IfW Kiel).
• Vasco Gabriel & Fernando Alexandre & Pedro Bação, 2007. "The Consumption-Wealth Ratio Under Asymmetric Adjustment," GEMF Working Papers 2007-06, GEMF, Faculty of Economics, University of Coimbra.
• Marika Karanassou & Hector Sala & Pablo F. Salvador, 2007. "Capital Accumulation and Unemployment: New Insights on the Nordic Experience," Working Papers 611, Queen Mary University of London, School of Economics and Finance.
• Bokan, Nikola & Hughes Hallett, Andrew, 2007. "The Impact of Tax, Product and Labour Market Distortions on the Phillips Curve and the Natural Rate of Unemployment," Economics Discussion Papers 2007-42, Kiel Institute for the World Economy (IfW Kiel).
• CAEYERS, Bet & PAUWELS, Wilfried, 2006. "Corporatism and macroeconomic stabilization policies," Working Papers 2006035, University of Antwerp, Faculty of Business and Economics.
• Ryan R. Brady, 2007. "Consumer Credit, Liquidity and the Transmission Mechanism of Monetary Policy," Departmental Working Papers 20, United States Naval Academy Department of Economics.
• Shu-Chun Susan Yang, 2007. "A Chronology Of Postwar U.S. Federal Income Tax Policy," CAEPR Working Papers 2007-021, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
• Filippo Altissimo & Riccardo Cristadoro & Mario Forni & Marco Lippi & Giovanni Veronese, 2007. "New Eurocoin: Tracking Economic Growth in Real Time," Temi di discussione (Economic working papers) 631, Bank of Italy, Economic Research and International Relations Area.
• António Afonso & Christophe Rault, 2007. "What We Really Know about Fiscal Sustainability in the EU? A Panel Data Diagnostic," Working Papers Department of Economics 2007/20, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
• Alessio Anzuini & Patrizio Pagano & Massimiliano Pisani, 2007. "Oil supply news in a VAR: Information from financial markets," Temi di discussione (Economic working papers) 632, Bank of Italy, Economic Research and International Relations Area.
• Ivan Jaccard, 2007. "Asset Pricing, Habit Memory, and the Labor Market," Swiss Finance Institute Research Paper Series 07-23, Swiss Finance Institute, revised Nov 2007.
• Raphael Rocha Gouvêa & Gilberto A. Libânio, 2007. "Demanda efetiva, conflito distributivo e regime de acumulação em um modelo estruturalista de ciclo: os casos britânico e turco," Textos para Discussão Cedeplar-UFMG td322, Cedeplar, Universidade Federal de Minas Gerais.
• Christian Ewerhart & Nuno Cassola & Natacha Valla, 2007. "Declining Valuations And Equilibrium Bidding In Central Bank Refinancing Operations," Swiss Finance Institute Research Paper Series 07-22, Swiss Finance Institute.
• Manoel Carlos de Castro Pires, 2006. "Uma Análise de Credibilidade na Política Fiscal Brasileira," Discussion Papers 1222, Instituto de Pesquisa Econômica Aplicada - IPEA.
• Item repec:lam:wpaper:05 is not listed on IDEAS anymore

• Grüner, Hans Peter & Gerling, Kerstin & Brückner, Markus, 2007. "Wealth Inequality and Credit Markets: Evidence from Three Industrialized Countries," CEPR Discussion Papers 6485, C.E.P.R. Discussion Papers.
• Item repec:ven:wpaper:16_07 is not listed on IDEAS anymore

• Viral V. Acharya & Jean Imbs & Jason Sturgess, 2006. "Finance and Efficiency: Do Bank Branching Regulations Matter?," Swiss Finance Institute Research Paper Series 06-36, Swiss Finance Institute.
• Andrea Carriero, 2007. "Forecasting the Yield Curve Using Priors from No Arbitrage Affine Term Structure Models," Working Papers 612, Queen Mary University of London, School of Economics and Finance.
• Ferran Sancho, 2007. "The Total Fiscal Cost of Indirect Taxation: an Approximation Using Catalonia's Recent Input-output Table," UFAE and IAE Working Papers 716.07, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
• Tomat, Gian Maria, 2007. "Modeling the Effects of Financial Constraints on Firm´s Investment," Economics Discussion Papers 2007-38, Kiel Institute for the World Economy (IfW Kiel).
• Wilson Sy, 2007. "A Causal Framework for Credit Default Theory," Research Paper Series 204, Quantitative Finance Research Centre, University of Technology, Sydney.
• Cláudio Gontijo, 2007. "Notas críticas sobre a macroeconomia novo-keynesiana," Textos para Discussão Cedeplar-UFMG td320, Cedeplar, Universidade Federal de Minas Gerais.
• Bogoev, Jane & Bojceva Terzijan, Sultanija & Égert, Balázs & Petrovska, Magdalena, 2007. "Real exchange rate dynamics in Macedonia: Old wisdoms and new insights," Economics Discussion Papers 2007-37, Kiel Institute for the World Economy (IfW Kiel).
• O'Brien, Martin & Valadkhani, Abbas & Waring, Peter & Denniss, Richard, 2007. "BNew Developments in the Australian Labour Market in 2006," Economics Working Papers wp07-16, School of Economics, University of Wollongong, NSW, Australia.
• João Sousa Andrade, 2007. "Uma Aplicação da Lei de Okun em Portugal," GEMF Working Papers 2007-04, GEMF, Faculty of Economics, University of Coimbra.
• Juergen Antony, 2007. "Capital/Labor Substitution, Capital Deepening, and FDI," Discussion Paper Series 295, Universitaet Augsburg, Institute for Economics.
• Hillinger, Claude, 2007. "Science and ideology in economic, political and social thought," Economics Discussion Papers 2007-43, Kiel Institute for the World Economy (IfW Kiel).
• Reichling, Felix, 2006. "Optimal Unemployment Insurance in Labor Market Equilibrium when Workers can Self-Insure," MPRA Paper 5362, University Library of Munich, Germany, revised 16 Oct 2007.
• João Sousa Andrade, 2007. "L’Intégration Européenne et la Soutenabilité Externe de l’Union Européenne: une application de la thèse de Feldstein-Horioka," GEMF Working Papers 2007-05, GEMF, Faculty of Economics, University of Coimbra.
• Cousins, Mel, 2007. "Political budget cycles and social security budget increases in the Republic of Ireland, 1923-2005," MPRA Paper 5359, University Library of Munich, Germany.
• Jose Miguel Albala-Bertrand, 2007. "Net Capital Stock and Capital Productivity for China and Regions: 1960-2005. An Optimal Consistency Method," Working Papers 610, Queen Mary University of London, School of Economics and Finance.
• VAN HOVE, Leo, 2007. "Central Banks and Payment Instruments: a Serious Case of Schizophrenia," MPRA Paper 5281, University Library of Munich, Germany.
• Hartmann, Philipp & Grüner, Hans Peter & Fecht, Falko, 2007. "Welfare effects of financial integration," Discussion Paper Series 2: Banking and Financial Studies 2007,11, Deutsche Bundesbank.
• Tavares, José & ,, 2007. "Economic Integration and the Co-movement of Stock Returns," CEPR Discussion Papers 6519, C.E.P.R. Discussion Papers.
• Kitov, Ivan, 2007. "Comparison of personal income inequality estimates based on data from the IRS and Census Bureau," MPRA Paper 5372, University Library of Munich, Germany.