Report NEP-MAC-2015-02-05

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:

• Ocde, 2015. "Comment la performance des élèves a-t-elle évolué au fil du temps ?," PISA à la loupe 47, OECD Publishing.
• Nagamachi, Kohei, 2015. "A Simple Model of Functional Specialization of Cities," MPRA Paper 61497, University Library of Munich, Germany.
• García-León, David, 2015. "Weather and Income: Lessons from the main European regions," MPRA Paper 61529, University Library of Munich, Germany.
• Stamos, Iraklis & Salanova Grau, Josep Maria & Mitsakis, Evangelos, 2013. "Μακροσκοπικά Θεμελιώδη Διαγράμματα: Ευρήματα Μέσω Προσομοίωσης Για Το Οδικό Δίκτυο Της Θεσσαλονίκης [Macroscopic fundamental diagrams: Simulation based findings from the road network of Thessalonik," MPRA Paper 61538, University Library of Munich, Germany.
• Mitsakis, Evangelos & Stamos, Iraklis & Basbas, Socrates & Aggelakis, Miron & Aifadopoulou, Georgia, 2014. "Estimation of road traffic induced environmental pollutants based on a point-to-point traffic detection system," MPRA Paper 61543, University Library of Munich, Germany.
• Iordanopoulos, Panagiotis & Mitsakis, Evangelos & Rijavec, Robert & Hausmann, Alexander & Kernstock, Wolfgang, 2014. "Requirements for interoperable Intelligent Transport Systems in South East Europe," MPRA Paper 61568, University Library of Munich, Germany.
• Ngotran, Duong & Ngo, Tien, 2013. "Retail Sector and Economic Development," MPRA Paper 61590, University Library of Munich, Germany, revised Aug 2014.
• Maxim Bichuch & Agostino Capponi & Stephan Sturm, 2015. "Arbitrage-Free Pricing of XVA -- Part I: Framework and Explicit Examples," Papers 1501.05893, arXiv.org, revised Aug 2016.
• Matteo Iacoviello, 2014. "OccBin: A Toolkit for Solving Dynamic Models With Occasionally Binding Constraints Easily," 2014 Meeting Papers 801, Society for Economic Dynamics.
• Stijn Van Nieuwerburgh & Hanno Lustig & Bryan Kelly & Bernard Herskovic, 2014. "The Common Factor in Idiosyncratic Volatility," 2014 Meeting Papers 810, Society for Economic Dynamics.
• Temel Taskin & Bulent Guler & Yavuz Arslan, 2014. "Price Search, Consumption Inequality, and Expenditure Inequality over the Life Cycle," 2014 Meeting Papers 819, Society for Economic Dynamics.
• Leonardo Melosi, 2014. "Signaling Effects of Monteray Policy," 2014 Meeting Papers 830, Society for Economic Dynamics.
• Peter Rupert & Giulio Zanella & Marek Kapicka, 2014. "Why do Europeans steal more than Americans?," 2014 Meeting Papers 847, Society for Economic Dynamics.
• Rui Li & Dana Kiku & Hengjie Ai, 2014. "A Mechanism Design Model of Firm Dynamics: The Case of Limited Commitment," 2014 Meeting Papers 855, Society for Economic Dynamics.
• Yiqing Xing & Anqi Li, 2014. "Simple Labor Income Tax Systems with Endogenous Employment Contracts," 2014 Meeting Papers 866, Society for Economic Dynamics.
• Ariel Zetlin-Jones, 2014. "Efficient Financial Crises," 2014 Meeting Papers 880, Society for Economic Dynamics.
• Alejandro Justiniano & Giorgio E. Primiceri & Andrea Tambalotti, 2015. "Credit Supply and the Housing Boom," NBER Working Papers 20874, National Bureau of Economic Research, Inc.
• Christopher Phelan & Aldo Rustichini, 2015. "Pareto Efficiency and Identity," NBER Working Papers 20883, National Bureau of Economic Research, Inc.
• Jens Boysen-Hogrefe & Nils Jannsen & Carsten-Patrick Meier, 2015. "A Note on Banking and Housing Crises and the Strength of Recoveries," Kiel Working Papers 1984, Kiel Institute for the World Economy.
• David Andolfatto & Stephen D. Williamson, 2015. "Scarcity of Safe Assets, Inflation, and the Policy Trap," Working Papers 2015-2, Federal Reserve Bank of St. Louis.
• Toma, Mircea, 2014. "The value added tax. The impact of procedures applyed to agricultural producers (reverse charge, quota reducing and the exemption from VAT). Case study: wheat, flour, bread and bakery products," MPRA Paper 61642, University Library of Munich, Germany.
• Cristina Checherita-Westphal & Alexander D Klemm & Paul Viefers, 2015. "Governments’ Payment Discipline; The Macroeconomic Impact of Public Payment Delays and Arrears," IMF Working Papers 15/13, International Monetary Fund.
• Baerg, Nicole Rae & Lowe, Will, 2015. "Estimating Central Bank Preferences Combining Topic and Scaling Methods," MPRA Paper 61534, University Library of Munich, Germany.
• Trachtenberg, Marija & Parsonage, Michael & Shepherd, Geoff & Boardman, Jed, 2013. "Peer support in mental health care: is it good value for money?," LSE Research Online Documents on Economics 60793, London School of Economics and Political Science, LSE Library.
• Ryota Nakatani, 2014. "The Effects of Financial and Real Shocks, Structural Vulnerability and Monetary Policy on Exchange Rates from the Perspective of Currency Crises Models," UTokyo Price Project Working Paper Series 043, University of Tokyo, Graduate School of Economics.
• Adam Hayes, 2014. "What Factors Give Cryptocurrencies Their Value: An Empirical Analysis," Working Papers 1406, New School for Social Research, Department of Economics, revised Mar 2015.
• Ivan Mendieta-Muñoz, 2014. "On the Interaction Between Economic Growth and Business Cycles," Studies in Economics 1417, School of Economics, University of Kent.
• Fabrizio Carmignani, 2014. "Does Government Expenditure Multiply Output and Employment in Australia?," Discussion Papers in Economics economics:201408, Griffith University, Department of Accounting, Finance and Economics.
• Aaberge, Rolf & Liu, Kai & Zhu, Yu, 2014. "Political Uncertainty and Household Savings," Discussion Paper Series in Economics 34/2014, Norwegian School of Economics, Department of Economics.
• Mele, Antonio & Molnar, Krisztina & Santoro, Sergio, 2014. "On the perils of stabilizing prices when agents are learning," Discussion Paper Series in Economics 1/2015, Norwegian School of Economics, Department of Economics.
• Galasso, Alberto & Schankerman, Mark & Serrano, Carlos J., 2013. "Trading and enforcing patent rights," LSE Research Online Documents on Economics 51080, London School of Economics and Political Science, LSE Library.
• Aggarwal, Ajay & Sullivan, Richard, 2014. "Affordability of cancer care in the United Kingdom: is it time to introduce user charges?," LSE Research Online Documents on Economics 55297, London School of Economics and Political Science, LSE Library.
• Gerba, Eddie, 2013. "Reconnecting investment to stock markets: the role of corporate net worth evaluation," LSE Research Online Documents on Economics 56396, London School of Economics and Political Science, LSE Library.
• Item repec:ehl:lserod:56407 is not listed on IDEAS anymore

• Schweizer, Corinne & Puppis, Manuel & Künzler, Matthias & Studer, Samuel, 2014. "Public funding of private media," LSE Research Online Documents on Economics 56427, London School of Economics and Political Science, LSE Library.
• Bijapur, Mohan, 2013. "Are credit crunches supply or demand shocks?," LSE Research Online Documents on Economics 56620, London School of Economics and Political Science, LSE Library.
• Zheludev, Ilya & Smith, Robert & Aste, Tomaso, 2014. "When can social media lead financial markets?," LSE Research Online Documents on Economics 57376, London School of Economics and Political Science, LSE Library.
• Giannone, Domenico & Monti, Francesca & Reichlin, Lucrezia, 2014. "Exploiting the monthly data-flow in structural forecasting," LSE Research Online Documents on Economics 57998, London School of Economics and Political Science, LSE Library.
• Wills, Samuel, 2014. "Optimal monetary responses to oil discoveries," LSE Research Online Documents on Economics 58104, London School of Economics and Political Science, LSE Library.
• Bahaj, Saleem A., 2014. "Systemic sovereign risk: macroeconomic implications in the euro area," LSE Research Online Documents on Economics 58110, London School of Economics and Political Science, LSE Library.
• King, Philip & Millard, Stephen, 2014. "Modelling the service sector," LSE Research Online Documents on Economics 58234, London School of Economics and Political Science, LSE Library.
• Menon, Carlo & de Blasio, Guido, 2013. "Down and Out in Italian towns: measuring the impact of economic downturns on crime," LSE Research Online Documents on Economics 58314, London School of Economics and Political Science, LSE Library.
• Armstrong, Angus & Ebell, Monique, 2013. "Scotland's currency options," LSE Research Online Documents on Economics 58368, London School of Economics and Political Science, LSE Library.
• Bloom, Nicholas & Romer, Paul & Terry, Stephen & Van Reenen, John, 2015. "Trapped factors and China’s impact on global growth," LSE Research Online Documents on Economics 60272, London School of Economics and Political Science, LSE Library.
• Georgiadis, Andreas & Manning, Alan, 2014. "The volatility of earnings: evidence from high-frequency firm-level data," LSE Research Online Documents on Economics 60443, London School of Economics and Political Science, LSE Library.
• Lazear, Edward P. & Shaw, Kathryn L. & Stanton, Christopher, 2014. "Making do with less: working harder during recessions," LSE Research Online Documents on Economics 60617, London School of Economics and Political Science, LSE Library.
• Mark Setterfield & Yun K. Kim & Jeremy Rees, 2014. "Inequality, Debt Servicing, and the Sustainability of Steady State Growth," Working Papers 1404, New School for Social Research, Department of Economics.
• Yuelin Liu, 2014. "Endogenous Labor Force Participation, Involuntary Unemployment and Monetary Policy," Discussion Papers 2014-41, School of Economics, The University of New South Wales.
• John W. Keating & Logan J. Kelly & Andrew Lee Smith & Victor J. Valcarcel, 2014. "A model of monetary policy shocks for financial crises and normal conditions," Research Working Paper RWP 14-11, Federal Reserve Bank of Kansas City.
• Emanuele Bacchiocchi & Efrem Castelnuovo & Luca Fanelli, 2014. "Gimme a break! Identification and estimation of the macroeconomic effects of monetary policy shocks in the U.S," "Marco Fanno" Working Papers 0181, Dipartimento di Scienze Economiche "Marco Fanno".
• Giovanni Pellegrino, 2015. "Uncertainty And Monetary Policy In The US: A Journey Into Non-Linear Territory," "Marco Fanno" Working Papers 0184, Dipartimento di Scienze Economiche "Marco Fanno".
• Giovanni Caggiano & Efrem Castelnuovo & Gabriela Nodari, 2014. "Uncertainty and Monetary Policy in Good and Bad Times," "Marco Fanno" Working Papers 0188, Dipartimento di Scienze Economiche "Marco Fanno".
• Kaniel, Ron & Yan, Hong & Carlson, Murray & Chapman, David A., 2015. "Asset Return Predictability in a Heterogeneous Agent Equilibrium Model," CEPR Discussion Papers 10328, C.E.P.R. Discussion Papers.
• Ngai, Liwa Rachel & Sheedy, Kevin, 2015. "Moving House," CEPR Discussion Papers 10346, C.E.P.R. Discussion Papers.
• Cukierman, Alex, 2015. "The Political Economy of US Bailouts, Unconventional Monetary Policy, Credit Arrest and Inflation during the Financial Crisis," CEPR Discussion Papers 10349, C.E.P.R. Discussion Papers.
• Tambalotti, Andrea & Primiceri, Giorgio & Justiniano, Alejandro, 2015. "Credit Supply and the Housing Boom," CEPR Discussion Papers 10358, C.E.P.R. Discussion Papers.
• Michaelides, Alexander & Mankart, Jochen & Pagratis, Spyros, 2014. "A Dynamic Model of Banking with Uninsurable Risks and Regulatory Constraints," CEPR Discussion Papers 10299, C.E.P.R. Discussion Papers.
• Taylor, Alan M. & Schularick, Moritz & Jordà , Ã’scar, 2014. "Betting the House," CEPR Discussion Papers 10305, C.E.P.R. Discussion Papers.
• Uhlig, Harald & Fratto, Chiara, 2014. "Accounting for Post-Crisis Inflation and Employment: A Retro Analysis," CEPR Discussion Papers 10306, C.E.P.R. Discussion Papers.
• Konstantinos Angelopoulos & Wei Jiang & James Malley, 2015. "Fiscal multipliers in a two-sector search and matching model," Studies in Economics 1502, School of Economics, University of Kent.
• Kakarot-Handtke, Egmont, 2015. "Essentials of Constructive Heterodoxy: Say’s Law," MPRA Paper 61670, University Library of Munich, Germany.
• Mark C. Greeman & Ben Groom & Ekaterini Panopoulou & Theologos Pantelidis, 2015. "Declining discount rates and the ‘Fisher Effect’: Inflated past, discounted future?," Discussion Paper Series 2015_01, Department of Economics, University of Macedonia, revised Jan 2015.
• Plakandaras, Vasilios & Gogas, Periklis & Gupta, Rangan & Papadimitriou, Theophilos, 2015. "US inflation dynamics on long range data," DUTH Research Papers in Economics 12-2014, Democritus University of Thrace, Department of Economics.
• Badasen Polina & Kartaev Philipp & Khazanov Alexey, 2015. "The econometric estimation of the effect of ruble exchange rate dynamics on economic activity," Working Papers 0014, Moscow State University, Faculty of Economics.
• D'Elia, Enrico & Morettini, Lucio, 2014. "Business investment during the global crisis: some evidence from the Italian experience," MPRA Paper 61511, University Library of Munich, Germany.
• Alessandra Fogli & Fabrizio Perri, 2015. "Macroeconomic Volatility and External Imbalances," NBER Working Papers 20872, National Bureau of Economic Research, Inc.
• Marcus Hagedorn & Iourii Manovskii & Kurt Mitman, 2015. "The Impact of Unemployment Benefit Extensions on Employment: The 2014 Employment Miracle?," NBER Working Papers 20884, National Bureau of Economic Research, Inc.
• Sebastian Edwards, 2015. "Monetary Policy Independence under Flexible Exchange Rates: An Illusion?," NBER Working Papers 20893, National Bureau of Economic Research, Inc.
• Pedro Rossi, 2015. "Regime Macroeconômico e o Projeto Social-Desenvolvimentista," Discussion Papers 2029, Instituto de Pesquisa Econômica Aplicada - IPEA.
• Alberto Petrucci, 2015. "Deviating from the Friedman Rule: A Good Idea with Illegal Immigration?," Working Papers CELEG 1502, Dipartimento di Economia e Finanza, LUISS Guido Carli.
• Jonathan Heathcote & Hitoshi Tsujiyama, 2015. "Optimal Income Taxation: Mirrlees Meets Ramsey," Staff Report 507, Federal Reserve Bank of Minneapolis.
• Vladimir Asriyan, 2014. "Balance sheet recessions with informational and trading frictions," Economics Working Papers 1463, Department of Economics and Business, Universitat Pompeu Fabra, revised Oct 2018.
• Oscar Jorda & Moritz Schularick & Alan M. Taylor, 2014. "Betting the House," Working Papers 312014, Hong Kong Institute for Monetary Research.
• Mark Setterfield & Shyam Gouri Suresh, 2014. "Multi-Agent Systems as a Tool for Analyzing Path-Dependent Macrodynamics," Working Papers 1405, New School for Social Research, Department of Economics.
• Margarida Duarte & Diego Restuccia, 2015. "Relative Prices and Sectoral Productivity," Working Papers tecipa-530, University of Toronto, Department of Economics.
• Jagjit S. Chadha & Alex Waters, 2014. "Applying a Macro-Finance Yield Curve to UK Quantitative Easing," Studies in Economics 1418, School of Economics, University of Kent.
• Mohn, Klaus, 2015. "Resource revenue management and wealth neutrality," UiS Working Papers in Economics and Finance 2015/2, University of Stavanger.
• Brown, James R. & Martinsson, Gustav & Petersen, Bruce C., 2015. "Do Financing Constraints Matter for R&D?," Working Paper Series in Economics and Institutions of Innovation 394, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
• Giulio Fella & Marco Cozzi, 2015. "Job Displacement Risk And Severance Pay," Working Paper 1338, Economics Department, Queen's University.
• Chen, Xiaohong & Favilukis, Jack & Ludvigson, Sydney C., 2013. "An estimation of economic models with recursive preferences," LSE Research Online Documents on Economics 37392, London School of Economics and Political Science, LSE Library.
• Fernández-Villaverde, Jesús & Garicano, Luis & Santos, Tano J., 2013. "Political credit cycles: the case of the Euro zone," LSE Research Online Documents on Economics 51255, London School of Economics and Political Science, LSE Library.
• Gerba, Eddie & Hauzenberger, Klemens, 2013. "Estimating US fiscal and monetary interactions in a time varying VAR," LSE Research Online Documents on Economics 56393, London School of Economics and Political Science, LSE Library.
• Gerba, Eddie & Schelkle, Waltraud, 2014. "Household finance and the welfare state: a case study of the United States, 1980-­2010," LSE Research Online Documents on Economics 56723, London School of Economics and Political Science, LSE Library.
• Knapp, Martin & Andrew, Alison & McDaid, David & Iemmi, Valentina & McCrone, Paul & Park, A-La & Parsonage, Michael & Boardman, Jed & Shepherd, Geoff, 2014. "Investing in recovery: making the business case for effective interventions for people with schizophrenia and psychosis," LSE Research Online Documents on Economics 56773, London School of Economics and Political Science, LSE Library.
• Knapp, Martin & Comas-Herrera, Adelina & Wittenberg, Raphael & Hu, Bo & King, Derek & Rehill, Amritpal & Adelaja, Bayo, 2014. "Scenarios of dementia care: what are the impacts on cost and quality of life?," LSE Research Online Documents on Economics 57568, London School of Economics and Political Science, LSE Library.
• Cloyne, James, 2014. "Government spending shocks, wealth effects and distortionary taxes," LSE Research Online Documents on Economics 58024, London School of Economics and Political Science, LSE Library.
• Fitzgerald, Amanda & Lupton, Ruth & Smyth, Ronan & Vizard, Polly, 2013. "Hard times, new directions? The impact of local government spending cuts in London (interim report)," LSE Research Online Documents on Economics 58048, London School of Economics and Political Science, LSE Library.
• Sedlacek, Petr & Sterk, Vincent, 2014. "The growth potential of startups over the business cycle," LSE Research Online Documents on Economics 58223, London School of Economics and Political Science, LSE Library.
• Oulton, Nicholas, 2013. "Medium and long run prospects for UK growth in the aftermathof the financial crisis," LSE Research Online Documents on Economics 58239, London School of Economics and Political Science, LSE Library.
• Tenreyro, Silvana & Thwaites, Gregory, 2013. "Pushing on a string: US monetary policy is less powerful in recessions," LSE Research Online Documents on Economics 58376, London School of Economics and Political Science, LSE Library.
• Den Haan, Wouter J. & Sedlacek, Petr, 2014. "Inefficient continuation decisions, job creation costs, and the cost of business cycles," LSE Research Online Documents on Economics 59429, London School of Economics and Political Science, LSE Library.
• Knapp, Martin & Snell, Tom & Healey, Andrew & Guglani, Sacha & Evans-Lacko, Sara & Fernández, José-Luis & Meltzer, Howard & Ford, Tamsin, 2015. "How do child and adolescent mental health problems influence public sector costs? Interindividual variations in a nationally representative British sample," LSE Research Online Documents on Economics 60131, London School of Economics and Political Science, LSE Library.
• Cunha, Alexandre B. & Ornelas, Emanuel, 2014. "Political competition and the limits of political compromise," LSE Research Online Documents on Economics 60273, London School of Economics and Political Science, LSE Library.
• Novy, Dennis & Taylor, Alan M., 2014. "Trade and uncertainty," LSE Research Online Documents on Economics 60280, London School of Economics and Political Science, LSE Library.
• Criscuolo, Chiara & Gal, Peter N. & Menon, Carlo, 2014. "The dynamics of employment growth: new evidence from 18 countries," LSE Research Online Documents on Economics 60286, London School of Economics and Political Science, LSE Library.
• Amior, Michael & Halket, Jonathan, 2014. "Do households use home-ownership to insure themselves? Evidence across U.S. cities," LSE Research Online Documents on Economics 60635, London School of Economics and Political Science, LSE Library.
• Yang Chen & Juan Carlos Cuestas & Paulo José Regis, 2015. "Corporate Tax Convergence in Asian and Pacific Economies," Working Papers 2015003, The University of Sheffield, Department of Economics.
• Mark Setterfield, 2014. "Rising Income Inequality, Increased Household Indebtedness, and Post Keynesian Macrodynamics," Working Papers 1403, New School for Social Research, Department of Economics.
• Mariano Kulish & James Morley & Tim Robinson, 2014. "Estimating DSGE models with forward guidance," Discussion Papers 2014-32A, School of Economics, The University of New South Wales.
• Yuelin Liu, 2014. "How Structural Is Unemployment in the United States?," Discussion Papers 2014-42, School of Economics, The University of New South Wales.
• Liang Wang, 2014. "Endogenous Search, Price Dispersion, and Welfare," Working Papers 201429, University of Hawaii at Manoa, Department of Economics.
• Armagan Tuna Aktuna-Gunes & François Gardes & Christophe Starzec, 2014. "The Size of Informal Economy and Demand Elasticity Estimates Using Full Price Approach: A Case Study for Turkey," Documents de travail du Centre d'Economie de la Sorbonne 14088, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
• Juraj Stancík & Ibrahim Kholilul Rohman, 2014. "Public ICT R&D funding in the European Union," JRC Research Reports JRC92883, Joint Research Centre.
• Michael D. Bauer & Glenn D. Rudebusch, 2015. "Resolving the spanning puzzle in macro-finance term structure models," Working Paper Series 2015-1, Federal Reserve Bank of San Francisco.
• Peng, Yuchao & Yan, Lili, 2015. "Political Connections, Discriminatory Credit Constraint and Business Cycle," MPRA Paper 61439, University Library of Munich, Germany.
• Auer, Raphael, 2015. "Exchange Rate Pass-Through, Domestic Competition, and Inflation: Evidence from the 2005/08 Revaluation of the Renminbi," CEPR Discussion Papers 10344, C.E.P.R. Discussion Papers.
• Giavazzi, Francesco & Alesina, Alberto & Favero, Carlo A. & Paradisi, Matteo & Barbiero, Omar, 2015. "Austerity in 2009-2013," CEPR Discussion Papers 10347, C.E.P.R. Discussion Papers.
• Canzoneri, Matthew B & Dellas, Harris & Diba, Behzad & Collard, Fabrice, 2015. "Fiscal Multipliers in Recessions," CEPR Discussion Papers 10353, C.E.P.R. Discussion Papers.
• Fratzscher, Marcel & Rieth, Malte, 2015. "Monetary policy, bank bailouts and the sovereign-bank risk nexus in the euro area," CEPR Discussion Papers 10370, C.E.P.R. Discussion Papers.
• Thesmar, David & Landier, Augustin & Sraer, David, 2014. "Banks Exposure to Interest Rate Risk and The Transmission of Monetary Policy," CEPR Discussion Papers 10300, C.E.P.R. Discussion Papers.
• Bacchetta, Philippe & Poilly, Céline & Benhima, Kenza, 2014. "Corporate Cash and Employment," CEPR Discussion Papers 10309, C.E.P.R. Discussion Papers.