Report NEP-MAC-2015-03-05

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:

• Susanto Basu & Brent Bundick, 2014. "Uncertainty shocks in a model of effective demand," Research Working Paper RWP 14-15, Federal Reserve Bank of Kansas City.
• Andrew T. Foerster & Jose Mustre-del-Rio, 2014. "Search with wage posting under sticky prices," Research Working Paper RWP 14-17, Federal Reserve Bank of Kansas City.
• William Dudley, 2015. "Remarks at the 2015 U.S. Monetary Policy Forum," Speech 157, Federal Reserve Bank of New York.
• Susanto Basu & Brent Bundick, 2015. "Endogenous volatility at the zero lower bound: implications for stabilization policy," Research Working Paper RWP 15-1, Federal Reserve Bank of Kansas City.
• Cavalieri, Duccio, 2015. "Structural Interdependence in Monetary Economics: Theoretical Assessment and Policy Implications," MPRA Paper 62403, University Library of Munich, Germany.
• Eric M. Engen & Thomas Laubach & David L. Reifschneider, 2015. "The Macroeconomic Effects of the Federal Reserve's Unconventional Monetary Policies," Finance and Economics Discussion Series 2015-5, Board of Governors of the Federal Reserve System (U.S.).
• Jensen, Henrik & Santoro, Emiliano & Ravn, Søren Hove, 2015. "Changing Credit Limits, Changing Business Cycles," CEPR Discussion Papers 10462, C.E.P.R. Discussion Papers.
• Fujio Takata, 2015. "Two Movement Patterns under the Balanced Budget Rule |Further Results," Discussion Papers 1510, Graduate School of Economics, Kobe University.
• Thomas Gilbert & Chiara Scotti & Georg H. Strasser & Clara Vega, 2015. "Is the Intrinsic Value of Macroeconomic News Announcements Related to Their Asset Price Impact?," Boston College Working Papers in Economics 874, Boston College Department of Economics, revised 23 Apr 2015.
• Tanweer Akram & Anupam Das, 2015. "Does Keynesian Theory Explain Indian Government Bond Yields?," Economics Working Paper Archive wp_834, Levy Economics Institute.
• Jonathan Heathcote & Fabrizio Perri, 2015. "Wealth and Volatility," NBER Working Papers 20994, National Bureau of Economic Research, Inc.
• Kiminori Matsuyama & Iryna Sushko & Laura Gardini, 2015. "Revisiting the Model of Credit Cycles with Good and Bad Projects," IMES Discussion Paper Series 15-E-02, Institute for Monetary and Economic Studies, Bank of Japan.
• Andrea Gerali & Alessandro Notarpietro & Massimiliano Pisani, 2015. "Structural reforms and zero lower bound in a monetary union," Temi di discussione (Economic working papers) 1002, Bank of Italy, Economic Research and International Relations Area.
• Jonathan Heathcote & Fabrizio Perri, 2015. "Wealth and Volatility," Staff Report 508, Federal Reserve Bank of Minneapolis.
• Dellas, Harris & Collard, Fabrice & Angeletos, George-Marios, 2015. "Quantifying Confidence," CEPR Discussion Papers 10463, C.E.P.R. Discussion Papers.
• Heathcote, Jonathan & Perri, Fabrizio, 2015. "Wealth and Volatility," CEPR Discussion Papers 10453, C.E.P.R. Discussion Papers.
• Bennani, Hamza, 2015. "Dissecting the brains of central bankers: the case of the ECB's Governing Council members on reforms," MPRA Paper 62371, University Library of Munich, Germany.
• Item repec:wsr:wpaper:y:2015:i:146 is not listed on IDEAS anymore

• Skott, Peter, 2015. "Growth Cycles with or without price flexibility," UMASS Amherst Economics Working Papers 2015-03, University of Massachusetts Amherst, Department of Economics.
• Gonzalo De Cadenas Santiago & Alicia Garcia-Herrero & Alvaro Ortiz Vidal-Abarca, 2014. "Monetary policy in the North, effects in the South," Working Papers 1429, BBVA Bank, Economic Research Department.
• Andrei A. Levchenko & Nitya Pandalai-Nayar, 2015. "TFP, News, and 'Sentiments': The International Transmission of Business Cycles," Working Papers 640, Research Seminar in International Economics, University of Michigan.
• Piacentini, Paolo & Prezioso, Stefano & Testa, Giuseppina, 2015. "Effects of fiscal policy in the North and South of Italy," MPRA Paper 62372, University Library of Munich, Germany.
• Juan Pablo Nicolini, 2015. "Macroeconomic Policy during a Credit Crunch," Economic Policy Paper 15-2, Federal Reserve Bank of Minneapolis.
• Hiroaki Sasaki & Shinya Fujita, 2015. "Demand and Income Distribution in a Two-Country Kaleckian Model," Discussion papers e-14-017, Graduate School of Economics Project Center, Kyoto University.
• Alla Semenova & L. Randall Wray, 2015. "The Rise of Money and Class Society: The Contributions of John F. Henry," Economics Working Paper Archive wp_832, Levy Economics Institute.
• Haroon Mumtaz & Gabor Pinter & Konstantinos Theodoridis, 2015. "What do VARs Tell Us about the Impact of a Credit Supply Shock?," Working Papers 739, Queen Mary University of London, School of Economics and Finance.
• World Bank, 2014. "Armenia : A Cloudy Outlook," World Bank Publications - Reports 21084, The World Bank Group.
• Andrew K. Rose & Mark M. Spiegel, 2015. "Domestic bond markets and inflation," Working Paper Series 2015-5, Federal Reserve Bank of San Francisco.
• World Bank, 2014. "Georgia : Seizing the Opportunity to Prosper," World Bank Publications - Reports 21421, The World Bank Group.
• World Bank, 2014. "Pakistan Development Update, October 2014," World Bank Publications - Reports 21315, The World Bank Group.
• World Bank, 2014. "EU11 Regular Economic Report, Issue #29, July 2014 : Strengthening Recovery in Central and Eastern Europe," World Bank Publications - Reports 21040, The World Bank Group.
• Hugo Erken & Eric van Loon & Wouter Verbeek, 2015. "Mismatch on the Dutch labour market in the Great Recession," CPB Discussion Paper 303, CPB Netherlands Bureau for Economic Policy Analysis.
• Kakarot-Handtke, Egmont, 2015. "Essentials of Constructive Heterodoxy: Money, Credit, Interest," MPRA Paper 62471, University Library of Munich, Germany.
• World Bank, 2013. "Growth Volatility in Paraguay : Sources, Effects, and Options, Volume 2. Supplementary Volume with Selected Background Papers," World Bank Publications - Reports 21279, The World Bank Group.
• Gauti Eggertsson & Bulat Gafarov & Saroj Bhatarai, 2014. "Time Consistency and the Duration of Government Debt: A Signalling Theory of Quantitative Easing," 2014 Meeting Papers 1292, Society for Economic Dynamics.
• Yulei Luo & Jun Nie & Gaowang Wang & Eric Young, 2014. "What we don’t know doesn’t hurt us: rational inattention and the permanent income hypothesis in general equilibrium," Research Working Paper RWP 14-14, Federal Reserve Bank of Kansas City.
• World Bank, 2013. "A Public Expenditure Review for Paraguay : Supplementary Volume with Selected Background Papers," World Bank Publications - Reports 21281, The World Bank Group.
• World Bank, 2015. "Philippine Economic Update, January 2015 : Making Growth Work for the Poor," World Bank Publications - Reports 21317, The World Bank Group.
• Mario Fortin, 2015. "Why has the mortgage debt increased by so much in Canada?," Cahiers de recherche 15-03, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
• World Bank, 2014. "Growth Volatility in Paraguay : Sources, Effects, and Options," World Bank Publications - Reports 21278, The World Bank Group.
• John Ameriks & Joseph S. Briggs & Andrew Caplin & Matthew D. Shapiro & Christopher Tonetti, 2015. "Long-Term-Care Utility and Late-in-Life Saving," NBER Working Papers 20973, National Bureau of Economic Research, Inc.
• World Bank Group, 2014. "Republic of Armenia Public Expenditure Review : Expanding the Fiscal Envelope," World Bank Publications - Reports 21063, The World Bank Group.
• Adrian, Tobias, 2015. "Financial Stability Policies for Shadow Banking," CEPR Discussion Papers 10435, C.E.P.R. Discussion Papers.
• Etienne Lalé, 2014. "Front-loading the Payment of Unemployment Benefits," Bristol Economics Discussion Papers 15/651, School of Economics, University of Bristol, UK, revised 16 Nov 2015.
• Jacob Assa, 2015. "Financial Output as Economic Input: Resolving the Inconsistent Treatment of Financial Services in the National Accounts," Working Papers 1501, New School for Social Research, Department of Economics.
• World Bank, 2014. "Skills Implications of Botswana's Diamond Beneficiation Strategy," World Bank Publications - Reports 21082, The World Bank Group.
• Item repec:aim:wpaimx:15.10 is not listed on IDEAS anymore

• James Seward & Mustafa Ulukan & Mee Jung Kim & Hiroshi Tsubota & Timothy Gable, 2014. "Sovereign Wealth Funds in East Asia," World Bank Publications - Reports 21102, The World Bank Group.
• World Bank Group, 2014. "Zambia Economic Brief, December 2014, Issue 4 : Financial Services - Reaching Every Zambian," World Bank Publications - Reports 21055, The World Bank Group.
• Hippolyte d'Albis & Ekrame Boubtane & Dramane Coulibaly, 2015. "Immigration Policy and Macroeconomic Performance in France," Documents de travail du Centre d'Economie de la Sorbonne 15023, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
• World Bank, 2014. "Croatia Public Finance Review : Restructuring Spending for Stability and Growth," World Bank Publications - Reports 21282, The World Bank Group.
• Kraft, Holger & Munk, Claus & Wagner, Sebastian, 2015. "Housing habits and their implications for life-cycle consumption and investment," SAFE Working Paper Series 85, Leibniz Institute for Financial Research SAFE, revised 2015.
• World Bank Group, 2015. "South East Europe Regular Economic Report, January 2015 : Coping with Floods, Strengthening Growth," World Bank Publications - Reports 21314, The World Bank Group.
• Quang Hong Doan & Tuan Minh Le & Duong Anh Nguyen, 2014. "Vietnam : PIM in a New Market Economy," World Bank Publications - Reports 21044, The World Bank Group.
• Item repec:wsr:wpaper:y:2015:i:143 is not listed on IDEAS anymore

• Gonzalo Hernández Jiménez, 2015. "Latin American Export Structure and the US Growth Spillover Effect in the Great Recession," Vniversitas Económica 12587, Universidad Javeriana - Bogotá.
• World Bank, 2014. "Republic of Paraguay : Strengthening Tax Administration and SOE Corporate Governance," World Bank Publications - Reports 21107, The World Bank Group.
• Antonakakis, Nikolaos & Gupta, Rangan & Andre, Christophe, 2015. "Dynamic Co-movements between Economic Policy Uncertainty and Housing Market Returns," MPRA Paper 62464, University Library of Munich, Germany.
• World Bank, 2013. "A Public Expenditure Review for Paraguay : The Quest for Optimal Tax and Expenditure Policies for Shared Prosperity," World Bank Publications - Reports 21280, The World Bank Group.
• Nikolaos Antonakakis & Rangan Gupta & Christophe Andre, 2015. "Dynamic Co-movements between Economic Policy Uncertainty and Housing Market Returns," Working Papers 201509, University of Pretoria, Department of Economics.
• George, Emmanuel & Odejimi, Deborah & Matthews, Oluwatoyin & Ojeaga, Paul, 2013. "Is Privatization Related With Macroeconomic Management? Evidence From Some Selected African Countries," MPRA Paper 62211, University Library of Munich, Germany, revised 04 Aug 2014.
• Sentana, Enrique & Galesi, Alessandro, 2015. "Fast ML estimation of dynamic bifactor models: an application to European inflation," CEPR Discussion Papers 10461, C.E.P.R. Discussion Papers.
• Berg, Tim Oliver, 2015. "Multivariate Forecasting with BVARs and DSGE Models," MPRA Paper 62405, University Library of Munich, Germany.
• Tuan Minh Le & Gael Raballand & Patricia Palale, 2014. "Zambia : Rebuilding a Broken Public Investment Management System," World Bank Publications - Reports 21052, The World Bank Group.
• Danisewicz, Piotr & Reinhardt, Dennis & Sowerbutts, Rhiannon, 2015. "On a tight leash: does bank organisational structure matter for macroprudential spillovers?," Bank of England working papers 524, Bank of England.
• Soldatos, Gerasimos T., 2014. "Pork-Barrel Spending under Cournot Legislators and the Quantity Equation," MPRA Paper 61116, University Library of Munich, Germany.
• World Bank, 2014. "Kyrgyz Republic - The Garment Sector : Impact of Joining the Customs Union and Options to Increase Competitiveness," World Bank Publications - Reports 21103, The World Bank Group.
• Francisco Blasques & Falk Bräuning & Iman van Lelyveld, 2015. "A dynamic network model of the unsecured interbank lending market," DNB Working Papers 460, Netherlands Central Bank, Research Department.
• Mary Tian, 2015. "Tradability of Output, Business Cycles, and Asset Prices," Finance and Economics Discussion Series 2015-3, Board of Governors of the Federal Reserve System (U.S.).
• World Bank, 2014. "Republic of Burundi Fiscal Decentralization and Local Governance : Managing Trade-Offs to Promote Sustainable Reforms [République du Burundi - Décentralisation fiscale et gouvernance locale : Gérer," World Bank Publications - Reports 21099, The World Bank Group.
• Jose M. Berrospide & Ralf R. Meisenzahl, 2015. "The Real Effects of Credit Line Drawdowns," Finance and Economics Discussion Series 2015-7, Board of Governors of the Federal Reserve System (U.S.).
• Christine Wong, 2014. "China : PIM under Reform and Decentralization," World Bank Publications - Reports 21045, The World Bank Group.
• Vanasco, Victoria & Asriyan, Vladimir, 2014. "Informed Intermediation over the Cycle," Research Papers 3235, Stanford University, Graduate School of Business.
• Ryan Chahrour & Gaetano Gaballo, 2015. "On the Nature and Stability of Sentiments," Boston College Working Papers in Economics 873, Boston College Department of Economics, revised 05 May 2015.
• Mehmet Balcilar & Nico Katzke & Rangan Gupta, 2015. "Do Precious Metal Prices Help in Forecasting South African Inflation?," Working Papers 201510, University of Pretoria, Department of Economics.
• Mario Joao Gomes, 2014. "Managing Business Edge Solutions in a Middle Income Economy : The Case of South Africa," World Bank Publications - Reports 21468, The World Bank Group.
• John Ameriks & Andrew Caplin & Minjoon Lee & Matthew D. Shapiro & Christopher Tonetti, 2015. "The Wealth of Wealthholders," NBER Working Papers 20972, National Bureau of Economic Research, Inc.
• Zahid Hasnain, 2014. "Mongolia : The Politics of Public Investment," World Bank Publications - Reports 21050, The World Bank Group.
• Jorge Thompson Araujo & Markus Brueckner & Mateo Clavijo & Ekaterina Vostroknutova & Konstantin M. Wacker, 2014. "Benchmarking the Determinants of Economic Growth in Latin America and the Caribbean," World Bank Publications - Reports 21318, The World Bank Group.
• Carlos Carvalho & Fernanda Nechio, 2014. "Factor SpecifiÂ…city and Real Rigidities," 2014 Meeting Papers 1241, Society for Economic Dynamics.
• World Bank Group, 2014. "Republic of India : Accelerating Agricultural Productivity Growth," World Bank Publications - Reports 21419, The World Bank Group.
• Papanikolaou, Nikolaos, 2015. "The road towards the establishment of the European Banking Union," MPRA Paper 62463, University Library of Munich, Germany.
• World Bank, 2014. "Mozambique Public Expenditure Review : Addressing the Challenges of Today, Seizing the Opportunities of Tomorrow," World Bank Publications - Reports 21277, The World Bank Group.
• Sophia Dimelis, Ioannis Giotopoulos and Helen Louri, 2015. "Can Firms Grow Without Credit? Evidence from the Euro Area, 2005-2011: A Quantile Panel Analysis," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 89, Hellenic Observatory, LSE.
• Ferrari, Stijn & Pirovano, Mara, 2015. "Early warning indicators for banking crises: a conditional moments approach," MPRA Paper 62406, University Library of Munich, Germany.
• Jan Kregel, 2015. "Emerging Markets and the International Financial Architecture: A Blueprint for Reform," Economics Working Paper Archive wp_833, Levy Economics Institute.
• Isfandyar Zaman Khan, 2014. "A Partial Credit Guarantee : Enhancing Access to Credit Markets during Constrained Times," World Bank Publications - Reports 21469, The World Bank Group.
• Montecino, Juan Antonio, 2015. "Capital controls and the real exchange rate: Do controls promote disequilibria?," UMASS Amherst Economics Working Papers 2015-02, University of Massachusetts Amherst, Department of Economics.
• World Bank Group, 2014. "Moving Toward Climate Budgeting : Policy Note," World Bank Publications - Reports 21036, The World Bank Group.
• Thealexa Becker & Didem Tuzemen, 2014. "Self-employment and health care reform: evidence from Massachusetts," Research Working Paper RWP 14-16, Federal Reserve Bank of Kansas City.
• Daria ONORI, 2015. "Optimal Growth, Debt Dynamics and Welfare under GDP-Based Collaterals," LEO Working Papers / DR LEO 1966, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
• Antoine Coste & Erik von Uexkull, 2015. "Benefits of the ECOWAS CET and EPA Will Outweigh Costs in Nigeria, but Competitiveness is the Real Issue," World Bank Publications - Reports 21312, The World Bank Group.
• Jhonatan Pérez & Carlos León & Ricardo Mariño, 2015. "Aproximación a la estructura del mercado cambiario colombiano desde el análisis de redes," Borradores de Economia 12583, Banco de la Republica.
• Item repec:wsr:wpaper:y:2015:i:145 is not listed on IDEAS anymore