Report NEP-MAC-2015-05-09

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:

• Campiglio, Luigi Pierfranco, 2015. "Employment and the “Investment Gap”: An Econometric Model of European Imbalances," MPRA Paper 64113, University Library of Munich, Germany.
• J. Christina Wang, 2014. "Vanishing procyclicality of productivity?: industry evidence," Working Papers 14-15, Federal Reserve Bank of Boston.
• Andrew Jalil & Gisela Rua, 2015. "Inflation Expectations and Recovery from the Depression in 1933: Evidence from the Narrative Record," Finance and Economics Discussion Series 2015-29, Board of Governors of the Federal Reserve System (U.S.).
• Davide Debortoli & Jinill Kim & Jesper Lindé & Ricardo Nunes, 2015. "Designing a simple loss function for the Fed: does the dual mandate make sense?," Working Papers 15-3, Federal Reserve Bank of Boston.
• Sohei Kaihatsu & Jouchi Nakajima, 2015. "Has Trend Inflation Shifted?: An Empirical Analysis with a Regime-Switching Model," Bank of Japan Working Paper Series 15-E-3, Bank of Japan.
• Monetary Affairs Department, 2015. "Quantitative and Qualitative Monetary Easing: Assessment of Its Effects in the Two Years since Its Introduction," Bank of Japan Review Series 15-E-3, Bank of Japan.
• J. David López-Salido & Jeremy C. Stein & Egon Zakrajšek, 2015. "Credit-Market Sentiment and the Business Cycle," Finance and Economics Discussion Series 2015-28, Board of Governors of the Federal Reserve System (U.S.).
• Pietro Cova & Giuseppe Ferrero, 2015. "The Eurosystem�s asset purchase programmes for monetary policy purposes," Questioni di Economia e Finanza (Occasional Papers) 270, Bank of Italy, Economic Research and International Relations Area.
• Jonas E. Arias & Guido Ascari & Nicola Branzoli & Efrem Castelnuovo, 2014. "Monetary Policy, Trend Inflation and the Great Moderation: An Alternative Interpretation - Comment," International Finance Discussion Papers 1127, Board of Governors of the Federal Reserve System (U.S.).
• Kei Imakubo & Haruki Kojima & Jouchi Nakajima, 2015. "The natural yield curve: its concept and developments in Japan," Bank of Japan Research Laboratory Series 15-E-3, Bank of Japan.
• Koki Oikawa & Kozo Ueda, 2015. "The Optimal Inflation Rate under Schumpeterian Growth," CAMA Working Papers 2015-14, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Alberto Martín & Jaume Ventura, 2015. "Managing Credit Bubbles," Working Papers 823, Barcelona School of Economics.
• Jonas E. Arias & Dario Caldara & Juan F. Rubio-Ramirez, 2015. "The Systematic Component of Monetary Policy in SVARs: An Agnostic Identification Procedure," International Finance Discussion Papers 1131, Board of Governors of the Federal Reserve System (U.S.).
• Jung, Kuk Mo & Lee, Seungduck, 2015. "A Liquidity-Based Resolution of the Uncovered Interest Parity Puzzle," MPRA Paper 64164, University Library of Munich, Germany.
• mhamdi, ghrissi & aguir, abdelkader & farhani, ramzi, 2015. "Credibility and monetary policy under inflation targeting," MPRA Paper 64034, University Library of Munich, Germany.
• Emily Anderson & Atsushi Inoue & Barbara Rossi, 2015. "Heterogeneous Consumers and Fiscal Policy Shocks," Working Papers 822, Barcelona School of Economics.
• J. Ramos-Tallada, 2015. "Bank risks, monetary shocks and the credit channel in Brazil: identification and evidence from panel data," Working papers 548, Banque de France.
• Swamy, Vighneswara, 2015. "Government Debt and its Macroeconomic Determinants – An Empirical Investigation," MPRA Paper 64106, University Library of Munich, Germany.
• Christina Strobach & Carin van der Cruijsen, 2015. "The formation of European inflation expectations: One learning rule does not fit all," DNB Working Papers 472, Netherlands Central Bank, Research Department.
• Luo, Yulei & Nie, Jun & Young, Eric, 2015. "Robust Permanent Income in General Equilibrium," MPRA Paper 63985, University Library of Munich, Germany.
• Mitsuru Katagiri & Hideki Konishi & Kozo Ueda, 2014. "Aging and Deflation from a Fiscal Perspective," Working Papers 1413, Waseda University, Faculty of Political Science and Economics.
• Atsushi Inoue & Chun-Huong Kuo & Barbara Rossi, 2015. "Identifying the Sources of Model Misspecification," Working Papers 821, Barcelona School of Economics.
• Francesco Ferrante, 2015. "A Model of Endogenous Loan Quality and the Collapse of the Shadow Banking System," Finance and Economics Discussion Series 2015-21, Board of Governors of the Federal Reserve System (U.S.).
• Congressional Budget Office, 2015. "Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output in 2014," Reports 49958, Congressional Budget Office.
• Lie, Denny, 2015. "State-Dependent Pricing and Optimal Monetary Policy," Working Papers 2015-09, University of Sydney, School of Economics.
• Giorgio Liotti, 2014. "Fiscal policy as a stabilization instrument," Discussion Papers 1_2014, CRISEI, University of Naples "Parthenope", Italy.
• Swamy, Vighneswara, 2015. "Government Debt and Economic Growth – Decomposing the Cause and Effect Relationship," MPRA Paper 64105, University Library of Munich, Germany.
• Bialowolski, Piotr & Kuszewski, Tomasz & Witkowski, Bartosz, 2015. "Bayesian averaging vs. dynamic factor models for forecasting economic aggregates with tendency survey data," Economics Discussion Papers 2015-28, Kiel Institute for the World Economy (IfW Kiel).
• Asian Development Bank (ADB) & Asian Development Bank (ADB) & Asian Development Bank (ADB) & Asian Development Bank (ADB), 2014. "Bangladesh Quarterly Economic Update June 2014," ADB Reports RPS146773-2, Asian Development Bank (ADB).
• Barbara Rossi & Tatevik Sekhposyan, 2015. "Macroeconomic Uncertainty Indices for the Euro Area and Individual Member Countries," Working Papers 820, Barcelona School of Economics.
• Lorenzo Caliendo & Maximiliano Dvorkin & Fernando Parro, 2015. "Trade and Labor Market Dynamics: General Equilibrium Analysis of the China Trade Shock," Working Papers 2015-9, Federal Reserve Bank of St. Louis.
• Pérez-Quirós, Gabriel & Pérez, Javier J & Paredes, Joan, 2015. "Fiscal targets. A guide to forecasters?," CEPR Discussion Papers 10553, C.E.P.R. Discussion Papers.
• Gerlach, Stefan & Lydon, Reamonn & Stuart, Rebecca, 2015. "Unemployment and Inflation in Ireland: 1926-2012," CEPR Discussion Papers 10567, C.E.P.R. Discussion Papers.
• Hans Christian Müller-Dröge & Tara M. Sinclair & Herman O. Stekler, 2014. "Evaluating Forecasts Of A Vector Of Variables: A German Forecasting Competition," Working Papers 2014-004, The George Washington University, Department of Economics, H. O. Stekler Research Program on Forecasting.
• Item repec:spo:wpmain:info:hdl:2441/3pot7260lh88lrfhrhvs85lh2f is not listed on IDEAS anymore

• Item repec:dau:papers:123456789/15030 is not listed on IDEAS anymore

• M. Ege Yazgan & Hakan Yilmazkuday, 2015. "High versus Low Inflation: Implications for Price-Level Convergence," Working Papers 1503, Florida International University, Department of Economics.
• Sergio Destefanis & Giuseppe Mastromatteo, 2015. "The Beveridge Curve in the OECD Before and After the Crisis," Discussion Papers 4_2015, CRISEI, University of Naples "Parthenope", Italy.
• Christophe Blot & Bruno Ducoudre & Xavier Timbeau, 2015. "Sovereign debt spread and default in a model with self fullfilling prophecies ans asymmetric information," SciencePo Working papers Main hal-03389332, HAL.
• Cendejas Bueno, José Luis & Muñoz, Félix & Fernández-de-Pinedo, Nadia, 2015. "A contribution to the analysis of historical economic fluctuations (1870-2010): filtering, spurious cycles and unobserved component modelling," Working Papers in Economic Theory 2015/04, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
• Stanley Fischer, 2015. "Conducting Monetary Policy with a Large Balance Sheet : a speech at the 2015 U.S. Monetary Policy Forum, Sponsored by the University of Chicago Booth School of Business, New York, New York, February 2," Speech 837, Board of Governors of the Federal Reserve System (U.S.).
• Christopher L. Foote & Richard W. Ryan, 2014. "Labor market polarization over the business cycle," Working Papers 14-16, Federal Reserve Bank of Boston.
• LE HERON Edwin & MAROUANE Amine, 2015. "A history of contemporary post Keynesian SFC model," Cahiers du GREThA (2007-2019) 2015-15, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
• John Kandrac & Bernd Schlusche, 2015. "An agency problem in the MBS market and the solicited refinancing channel of large-scale asset purchases," Finance and Economics Discussion Series 2015-27, Board of Governors of the Federal Reserve System (U.S.).
• Item repec:spo:wpmain:info:hdl:2441/6018jmm8rk9oroimutg7hhiu3f is not listed on IDEAS anymore

• Etienne Lalé, 2015. "Worker Reallocation Across Occupations: Confronting Data with Theory," Bristol Economics Discussion Papers 15/657, School of Economics, University of Bristol, UK, revised 22 Oct 2016.
• Leyla Yusifzada & Aytan Mammadova, 2015. "Financial intermediation and economic growth," William Davidson Institute Working Papers Series wp1091, William Davidson Institute at the University of Michigan.
• Ramiz Rahmanov, 2015. "Banking Sector Development and Household Saving in Emerging Eastern Europe," William Davidson Institute Working Papers Series wp1089, William Davidson Institute at the University of Michigan.
• Marlene Karl, 2015. "Are ethical and social banks less risky? Evidence from a new dataset," WWWforEurope Working Papers series 96, WWWforEurope.
• Mark J. Holmes & Ana Maria Iregui & Jesús Otero, 2015. "Interest Rate Pass-Through and Asymmetries in Retail Deposit and Lending Rates: An Analysis using Data from Colombian Banks," Working Papers in Economics 15/05, University of Waikato.
• Ludek Kouba & Michal Mádr & Danuše Nerudová & Petr Rozmahel, 2015. "Policy autonomy, coordination or harmonization in the persistently heterogeneous European Union?," WWWforEurope Working Papers series 95, WWWforEurope.
• Vasco Carvalho & Basile Grassi, 2015. "Large Firm Dynamics and the Business Cycle," Working Papers 824, Barcelona School of Economics.
• Janet L. Yellen, 2015. "Normalizing Monetary Policy: Prospects and Perspectives : a speech at the \"The New Normal Monetary Policy,\" a research conference sponsored by the Federal Reserve Bank of San Francisco, Sa," Speech 840, Board of Governors of the Federal Reserve System (U.S.).
• Kevin Mumford, 2015. "Prosperity, sustainability and the measurement of wealth," Development Economics Working Papers 24841, East Asian Bureau of Economic Research.
• Hryckiewicz, Aneta & Kozlowski, Lukasz, 2014. "Banking business models and the nature of financial crises," MPRA Paper 64072, University Library of Munich, Germany, revised 09 Mar 2015.
• Congressional Budget Office, 2015. "Why CBO Projects That Actual Output Will Be Below Potential Output on Average," Reports 49890, Congressional Budget Office.
• Hud, Martin & Rammer, Christian, 2015. "Innovation budgeting over the business cycle and innovation performance," ZEW Discussion Papers 15-030, ZEW - Leibniz Centre for European Economic Research.
• Michael Ehrmann & Marcel Fratzscher, 2015. "Euro Area Government Bonds: Integration and Fragmentation during the Sovereign Debt Crisis," Discussion Papers of DIW Berlin 1479, DIW Berlin, German Institute for Economic Research.
• Nguyen Van Phuong, 2015. "Sources Of Exchange Rate Fluctuation In Vietnam: An Application Of The Svar Model," William Davidson Institute Working Papers Series wp1090, William Davidson Institute at the University of Michigan.
• Vidakovic, Neven, 2015. "Bank’s choice of loan portfolio under high regulation – example of Croatia," MPRA Paper 63929, University Library of Munich, Germany.
• Raouf Boucekkine & Bruno de Oliveira Cruz, 2015. "Technological Progress and Investment: A Non-Technical Survey," AMSE Working Papers 1519, Aix-Marseille School of Economics, France.
• Izu, Akhenaton, 2014. "Crise de la dette et détresse sociale du peuple congolais [Debt crisis and social distress of the Congolese]," MPRA Paper 64186, University Library of Munich, Germany, revised 05 Feb 2015.
• Hryckiewicz, Aneta, 2014. "The problem with government interventions: The wrong banks, inadequate strategies, or ineffective measures?," MPRA Paper 64074, University Library of Munich, Germany.
• Gregory Phelan, 2015. "Financial Intermediation, Leverage, and Macroeconomic Instability," Department of Economics Working Papers 2015-02, Department of Economics, Williams College, revised Jan 2016.
• Yuriy Gorodnichenko & Viacheslav Sheremirov & Oleksandr Talavera, 2015. "Price setting in online markets: does IT click?," Working Papers 15-1, Federal Reserve Bank of Boston.
• Sehgal, Sanjay & Gupta, Priyanshi & Deisting, Florent, 2014. "Assessing Time-Varying Stock Market Integration in EMU for Normal and Crisis Periods," MPRA Paper 64078, University Library of Munich, Germany.
• Leandro De Magalhães & Raül Santaeulàlia-Llopis, 2015. "The Consumption, Income, and Wealth of the Poorest: Cross-Sectional Facts of Rural and Urban Sub-Saharan Africa for Macroeconomists," Bristol Economics Discussion Papers 15/655, School of Economics, University of Bristol, UK.
• Herman O. Stekler & Hilary Symington, 2014. "How Did The Fomc View The Great Recession As It Was Happening?: Evaluating The Minutes From Fomc Meetings, 2006-2010," Working Papers 2014-005, The George Washington University, Department of Economics, H. O. Stekler Research Program on Forecasting.
• Boateng, Elliot & Amponsah, Mary, 2015. "Effect of interest rate on savings behaviour among Ghanaians: evidence from Kumasi, Ghana," MPRA Paper 63926, University Library of Munich, Germany, revised 20 Mar 2015.
• Christopher Hoag, 2015. "Clearinghouse Loan Certificates as a Lender of Last Resort," Working Papers 1503, Trinity College, Department of Economics, revised Jun 2015.
• Klinger, Sabine & Weber, Enzo, 2015. "GDP-Employment Decoupling and the Productivity Puzzle in Germany," University of Regensburg Working Papers in Business, Economics and Management Information Systems 485, University of Regensburg, Department of Economics.
• A. Bergeaud & G. Cette & R. Lecat, 2015. "GDP per capita in advanced countries over the 20th century," Working papers 549, Banque de France.
• Konstantin A. Kholodilin, 2015. "War, Housing Rents, and Free Market: A Case of Berlin's Rental Housing Market during the World War I," Discussion Papers of DIW Berlin 1477, DIW Berlin, German Institute for Economic Research.