Report NEP-MAC-2015-05-22

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:

• Eckstein, Zvi & Setty, Ofer & Weiss, David, 2015. "Financial Risk and Unemployment," CEPR Discussion Papers 10596, C.E.P.R. Discussion Papers.
• Luigi Pierfranco Campiglio, 2015. "Employment and the “Investment Gap”: An Econometric Model of European Imbalances," DISCE - Quaderni del Dipartimento di Politica Economica ispe0071, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
• Antonio Ribba, 2015. "What Drives US Inflation and Unemployment in the Long Run?," Center for Economic Research (RECent) 111, University of Modena and Reggio E., Dept. of Economics "Marco Biagi".
• James J. McAndrews, 2015. "Negative nominal central bank policy rates: where is the lower bound?," Speech 168, Federal Reserve Bank of New York.
• Mantalos, Panagiotis, 2015. "Greek Debt Crisis: The “@-euro” a New Possible Solution to Greek Debt Crisis," Working Papers 2015:5, Örebro University, School of Business.
• Guillaume Rocheteau & Pierre-Olivier Weill & Tsz-Nga Wong, 2015. "A Tractable Model of Monetary Exchange with Ex-post Heterogeneity," NBER Working Papers 21179, National Bureau of Economic Research, Inc.
• Sun, Rongrong, 2015. "A Narrative Indicator of Monetary Conditions in China," MPRA Paper 64166, University Library of Munich, Germany.
• Benigno, Pierpaolo & Nistico, Salvatore, 2015. "Non-Neutrality of Open-Market Operations," CEPR Discussion Papers 10594, C.E.P.R. Discussion Papers.
• Annari De Waal & Rangan Gupta & Charl Jooste, 2015. "How Independent are the South African Reserve Bank’s Monetary Policy Decisions? Evidence from a Global New-Keynesian DSGE Model," Working Papers 201525, University of Pretoria, Department of Economics.
• Bhanumurthy, N.R. & Bose, Sukanya & Adhikari, Parma Devi, 2015. "Targeting Debt and Deficits in India: A Structural Macroeconometric Approach," Working Papers 15/148, National Institute of Public Finance and Policy.
• Jan Hajek & Roman Horváth, 2015. "Exchange Rate Pass-Through in an Emerging Market: The Case of the Czech Republic," Working Papers IES 2015/08, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Apr 2015.
• Mark Aguiar & Manuel Amador & Emmanuel Farhi & Gita Gopinath, 2015. "Coordination and Crisis in Monetary Unions," Staff Report 511, Federal Reserve Bank of Minneapolis.
• Roberto Marfè, 2015. "Income Insurance and the Equilibrium Term-Structure of Equity," Carlo Alberto Notebooks 407, Collegio Carlo Alberto.
• Ledenyov, Dimitri O. & Ledenyov, Viktor O., 2015. "On the spectrum of oscillations in economics," MPRA Paper 64353, University Library of Munich, Germany.
• André K. Anundsen & Ragnar Nymoen, 2015. "Did US consumers ‘save for a rainy day’ before the Great Recession?," Working Paper 2015/08, Norges Bank.
• Verónica Acurio Vásconez, 2015. "Oil and Unemployment in a New-Keynesian Model," Documents de travail du Centre d'Economie de la Sorbonne 15043, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
• Hélène Rey, 2015. "Dilemma not Trilemma: The Global Financial Cycle and Monetary Policy Independence," NBER Working Papers 21162, National Bureau of Economic Research, Inc.
• Michelle L. Barnes, 2014. "Let's talk about it: what policy tools should the Fed \\"normally\\" use?," Current Policy Perspectives 14-12, Federal Reserve Bank of Boston.
• Verónica Acurio Vásconez, 2015. "What if oil is less substitutable? A New-Keynesian Model with Oil, Price and Wage Stickiness including Capital Accumulation," Documents de travail du Centre d'Economie de la Sorbonne 15041, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
• Carvalho, Vasco & Grassi, Basile, 2015. "Large Firm Dynamics and the Business Cycle," CEPR Discussion Papers 10587, C.E.P.R. Discussion Papers.
• William Dudley, 2015. "The global implications of diverging monetary policy settings in advanced economies," Speech 169, Federal Reserve Bank of New York.
• Jan Acedanski & Julia Wlodarczyk, 2015. "Dispersion of inflation expectations in the European Union during the global financial crisis," Working Papers 145/2015, Institute of Economic Research, revised May 2015.
• Mantalos, Panagiotis, 2015. "Greek Debt Crisis “An Introduction to the Economic Effects of Austerity”," Working Papers 2015:4, Örebro University, School of Business.
• Paternesi Meloni, Walter & Deleidi, Matteo, 2014. "Italian economic trends and labor market reforms: a 50-years overview," MPRA Paper 64416, University Library of Munich, Germany.
• Laura Parisi & Igor Gianfrancesco & Camillo Gilberto & Paolo Giudici, 2015. "Monetary transmission models for bank interest rates," DEM Working Papers Series 101, University of Pavia, Department of Economics and Management.
• William R. Cline, 2015. "Quantity Theory of Money Redux? Will Inflation Be the Legacy of Quantitative Easing?," Policy Briefs PB15-7, Peterson Institute for International Economics.
• Geromichalos, Athanasios & Jung, Kuk Mo, 2015. "An Over-the-Counter Approach to the FOREX Market," MPRA Paper 64402, University Library of Munich, Germany.
• Lorenzo Caliendo & Maximiliano Dvorkin & Fernando Parro, 2015. "The Impact of Trade on Labor Market Dynamics," NBER Working Papers 21149, National Bureau of Economic Research, Inc.
• Eliana A. Cardoso, 2015. "Indexation, Monetary Accomodation and Inflation in Brazil," Discussion Papers 0007, Instituto de Pesquisa Econômica Aplicada - IPEA.
• Rey, Hélène, 2015. "Dilemma not Trilemma: The Global Financial Cycle and Monetary Policy Independence," CEPR Discussion Papers 10591, C.E.P.R. Discussion Papers.
• J-F Carpantier & W N Vermeulen, 2014. "Emergence of Sovereign Wealth Funds," OxCarre Working Papers 148, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
• Mammadov, Fuad & Shaig Adigozalov, Shaiq, 2014. "Indicator Based Forecasting of Business Cycles in Azerbaijan," MPRA Paper 64367, University Library of Munich, Germany.
• Item repec:hhs:bofitp:2015_015 is not listed on IDEAS anymore

• Michaillat, Pascal & Saez, Emmanuel, 2015. "Aggregate demand, idle time, and unemployment," LSE Research Online Documents on Economics 61832, London School of Economics and Political Science, LSE Library.
• Rabah Arezki & Valerie A Ramey & Liugang Sheng, 2015. "News Shocks in Open Economies: Evidence from Giant Oil Discoveries," OxCarre Working Papers 153, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
• Kunihiko Konishi, 2015. "Growth Cycles in a Two-country Model of Innovation," Discussion Papers in Economics and Business 15-07, Osaka University, Graduate School of Economics.
• Luo, Yulei, 2015. "Robustly Strategic Consumption-Portfolio Rules with Informational Frictions," MPRA Paper 64312, University Library of Munich, Germany.
• Basu, Deepankar & Das, Debarshi, 2015. "Employment Elasticity in India and the U.S., 1977-2011: A Sectoral Decomposition Analysis," UMASS Amherst Economics Working Papers 2015-07, University of Massachusetts Amherst, Department of Economics.
• Robert E. Hall & Ricardo Reis, 2015. "Maintaining Central-Bank Financial Stability under New-Style Central Banking," NBER Working Papers 21173, National Bureau of Economic Research, Inc.
• Evgenia Passari & Hélène Rey, 2015. "Financial Flows and the International Monetary System," NBER Working Papers 21172, National Bureau of Economic Research, Inc.
• Rey, Hélène & Passari, Evgenia, 2015. "Financial Flows and the International Monetary System," CEPR Discussion Papers 10592, C.E.P.R. Discussion Papers.
• Samuel Wills, 2015. "Leave the Volatility Fund Alone: Principles for Managing Oil Wealth," OxCarre Working Papers 154, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
• Ehrmann, Michael & Fratzscher, Marcel, 2015. "Euro Area Government Bonds?Integration and Fragmentation During the Sovereign Debt Crisis," CEPR Discussion Papers 10583, C.E.P.R. Discussion Papers.
• Harashima, Taiji, 2015. "Bubbles, Bluffs, and Greed," MPRA Paper 64361, University Library of Munich, Germany.
• Taguchi, Hiroyuki & Lar, Ni, 2015. "Long-term projection of Myanmar economy by macro econometric model," MPRA Paper 64412, University Library of Munich, Germany.
• BOUKEF JLASSI, NABILA & Hamdi, Helmi, 2015. "The relationship between Financial liberalization, Financial Stability and Capital Control: Evidence from a multivariate framework for developing countries," MPRA Paper 64328, University Library of Munich, Germany.
• David M. Arseneau & David E. Rappoport & Alexandros Vardoulakis, 2015. "Secondary Market Liquidity and the Optimal Capital Structure," Finance and Economics Discussion Series 2015-31, Board of Governors of the Federal Reserve System (U.S.).
• Liu, Tao, 2015. "Trade finance and international currency," MPRA Paper 64362, University Library of Munich, Germany.
• Robert L. Hetzel, 2015. "A Comparison of Greece and Germany: Lessons for the Eurozone?," Working Paper 15-4, Federal Reserve Bank of Richmond.
• Albert Park, 2015. "How Do Minimum Wage Policies Affect Workers in Emerging Markets?," HKUST IEMS Thought Leadership Brief Series 2015-07, HKUST Institute for Emerging Market Studies, revised Apr 2015.
• Dany Lang & Mark Setterfield, 2015. "Is there scientific progress in macroeconomics? The case of the NAIRU," Working Papers 1509, New School for Social Research, Department of Economics.
• Claire Greene & Scott Schuh, 2014. "U.S. consumers' holdings and use of $100 bills," Research Data Report 14-3, Federal Reserve Bank of Boston.
• Ian Dew-Becker & Stefano Giglio & Anh Le & Marius Rodriguez, 2015. "The Price of Variance Risk," NBER Working Papers 21182, National Bureau of Economic Research, Inc.
• Sandra Stankiewicz, 2015. "Forecasting Euro Area Macroeconomic Variables with Bayesian Adaptive Elastic Net," Working Paper Series of the Department of Economics, University of Konstanz 2015-12, Department of Economics, University of Konstanz.
• Adrian Chadi & Matthias Krapf, 2015. "The Protestant Fiscal Ethic: Religious Confession and Euro Skepticism in Germany," SOEPpapers on Multidisciplinary Panel Data Research 754, DIW Berlin, The German Socio-Economic Panel (SOEP).
• Scott L. Fulford & Claire Greene & William Murdock, 2015. "U.S. consumer holdings and use of $1 Bills," Research Data Report 15-1, Federal Reserve Bank of Boston.
• Scott Schuh & Joanna Stavins, 2015. "How do speed and security influence consumers' payment behavior?," Current Policy Perspectives 15-1, Federal Reserve Bank of Boston.
• Dmitri Blueschke & Ivan Savin, 2015. "No such thing like perfect hammer: comparing different objective function specifications for optimal control," Jena Economics Research Papers 2015-005, Friedrich-Schiller-University Jena.
• Kakarot-Handtke, Egmont, 2015. "Essentials of Constructive Heterodoxy: Financial Markets," MPRA Paper 64426, University Library of Munich, Germany.
• Moretti, Enrico & Hsieh, Chang-Tai, 2015. "Why Do Cities Matter? Local Growth and Aggregate Growth," CEPR Discussion Papers 10604, C.E.P.R. Discussion Papers.
• William Dudley, 2015. "Fostering economic growth in the Bronx," Speech 167, Federal Reserve Bank of New York.
• Scott Schuh & Joanna Stavins, 2014. "The 2011 and 2012 Surveys of Consumer Payment Choice," Research Data Report 14-1, Federal Reserve Bank of Boston.
• Dai, Shuanping & Elsner, Wolfram, 2015. "Declining trust in growing China: A dilemma between growth and socio-economic damage," Working Papers on East Asian Studies 101/2015, University of Duisburg-Essen, Institute of East Asian Studies IN-EAST.
• Francisco J. Buera & Joseph P. Kaboski & Richard Rogerson, 2015. "Skill Biased Structural Change," NBER Working Papers 21165, National Bureau of Economic Research, Inc.
• Michal Jarmolovic, 2015. "Unia Gospodarcza i Walutowa a teoria optymalnych obszarow walutowych: proba projektowania rynku?," Working Papers 133/2015, Institute of Economic Research, revised May 2015.
• Marco Angrisani & Kevin Foster & Marcin Hitczenko, 2014. "The 2011 and 2012 Surveys of Consumer Payment Choice: technical appendix," Research Data Report 14-2, Federal Reserve Bank of Boston.
• Edgar Bejarano Barrera, 2014. "Artesanías y sistemas de información," Investigaciones y Productos CID 12836, Universidad Nacional de Colombia, FCE, CID.
• Milton Assisr, 2015. "A Macroeconometric Policy Model for Brazil," Discussion Papers 001, Instituto de Pesquisa Econômica Aplicada - IPEA.
• Katarzyna Glinka, 2015. "Dostosowania na rynku finansowym w Chinach po globalnym kryzysie finansowym," Working Papers 130/2015, Institute of Economic Research, revised May 2015.
• Nathan Viles & Alexandra Rush & Thomas Rohling, 2015. "The Social Costs of Currency Counterfeiting," RBA Research Discussion Papers rdp2015-05, Reserve Bank of Australia.
• Alison Pearson & J. Christina Wang, 2014. "Productivity in the slow lane?: the role of information and communications technology," Current Policy Perspectives 14-10, Federal Reserve Bank of Boston.
• James Cust & Stevem Poelhekke, 2015. "The Local Economic Impacts of Natural Resource Extraction," OxCarre Working Papers 156, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
• Adam P. Balcerzak, 2015. "Europe 2020 Strategy Implementation. Grouping the Countries with the Application of Natural Breaks Method," Working Papers 123/2015, Institute of Economic Research, revised May 2015.