Report NEP-MAC-2015-10-17

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:

• Chakraborty, Lekha, 2015. "Fiscal Seigniorage "Laffer-curve effect" on Central Bank Autonomy in India," Working Papers 15/156, National Institute of Public Finance and Policy.
• BLINOV, Sergey, 2015. "Savings and Inflation Using the Example of Russia in 1992," MPRA Paper 67147, University Library of Munich, Germany.
• Item repec:pra:mprapa:67187 is not listed on IDEAS anymore

• Pietro Cova & Patrizio Pagano & Massimiliano Pisani, 2015. "Domestic and international macroeconomic effects of the Eurosystem expanded asset purchase programme," Temi di discussione (Economic working papers) 1036, Bank of Italy, Economic Research and International Relations Area.
• Reinder Haitsma & Deren Unalmis & Jakob de Haan, 2015. "The impact of the ECB's conventional and unconventional monetary policies on stock markets," DNB Working Papers 483, Netherlands Central Bank, Research Department.
• Carlos Arteta & M. Ayhan Kose & Franziska Ohnsorge & Marc Stocker, 2015. "The coming US interest rate tightening cycle: smooth sailing or stormy waters?," CAMA Working Papers 2015-37, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Item repec:col:000101:013857 is not listed on IDEAS anymore

• Fernando M. Duarte & Anna Zabai, 2015. "An interest rate rule to uniquely implement the optimal equilibrium in a liquidity trap," Staff Reports 745, Federal Reserve Bank of New York.
• Pancrazi, Roberto & Pietrunti, Mario, 2015. "Natural Expectations and Home Equity Extraction," The Warwick Economics Research Paper Series (TWERPS) 1068, University of Warwick, Department of Economics.
• Mark Bils & Peter J. Klenow & Benjamin A. Malin, 2015. "Resurrecting the Role of the Product Market Wedge in Recessions," Staff Report 516, Federal Reserve Bank of Minneapolis.
• Andreas Bachmann, 2015. "Lumpy investment and variable capacity utilization: firm-level and macroeconomic implications," Diskussionsschriften dp1510, Universitaet Bern, Departement Volkswirtschaft.
• Koeniger, Winfried & Hintermaier, Thomas, 2015. "Household Debt and Crises of Confidence," CEPR Discussion Papers 10865, C.E.P.R. Discussion Papers.
• McMahon, Michael & Morotz, Arpad & Butt, Nicholas & Schanz, Jochen & Churm, Rohan, 2015. "QE and the Bank Lending Channel in the United Kingdom," CEPR Discussion Papers 10875, C.E.P.R. Discussion Papers.
• Jorg Bibow, 2015. "The Euro's Savior? Assessing the ECB's Crisis Management Performance and Potential for Crisis Resolution," Economics Working Paper Archive wp_845, Levy Economics Institute.
• Ramos Francia Manuel & Noriega Antonio E. & Rodríguez-Pérez Cid Alonso, 2015. "The Use of Monetary Aggregates as Indicators of the Future Evolution of Consumer Prices: Monetary Growth and Inflation Target," Working Papers 2015-14, Banco de México.
• Eckhard Hein, 2015. "Secular Stagnation or Stagnation Policy? Steindl after Summers," Economics Working Paper Archive wp_846, Levy Economics Institute.
• Bunn, Philip & Rostom, May, 2015. "Household debt and spending in the United Kingdom," Bank of England working papers 554, Bank of England.
• Braun, R Anton & Koerber, Lena & Waki, Yuichiro, 2015. "Some Unpleasant Properties of Loglinearized Solutions When the Nominal Rate is Zero," Bank of England working papers 553, Bank of England.
• Nikolaos Antonakakis & Rangan Gupta, 2015. "Is Economic Policy Uncertainty Related to Suicide Rates? Evidence from the United States," Working Papers 201573, University of Pretoria, Department of Economics.
• Kleczka, Mitja, 2015. "Monetary Policy, Fiscal Policy, and Secular Stagnation at the Zero Lower Bound. A View on the Eurozone," MPRA Paper 67228, University Library of Munich, Germany.
• Jean-Louis COMBES & Mary-Françoise RENARD & Sampawende Jules TAPSOBA, 2015. "Provincial Public Expenditure in China: A Tale of Profligacy," Working Papers 201524, CERDI.
• Dunsch, Sophie, 2015. "Okun's law and youth unemployment in Germany and Poland," Discussion Papers 373, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.
• Javier Bianchi & Enrique G Mendoza, 2015. "Optimal time-consistent macroprudential policy," BIS Working Papers 516, Bank for International Settlements.
• James B. Bullard, 2015. "Still Very Accommodative," Speech 249, Federal Reserve Bank of St. Louis.
• Waldenström, Daniel, 2015. "Wealth-income ratios in a small, late-industrializing, welfare-state economy: Sweden, 1810–2014," Working Paper Series, Center for Fiscal Studies 2015:6, Uppsala University, Department of Economics.
• Ben-David, Dan, 2015. "A big-picture socioeconomic perspective of Israel: the story of two nations in one," CEPR Discussion Papers 10863, C.E.P.R. Discussion Papers.
• Marco A. F. H. Cavalcanti & Ajax R. B. Moreira, 2015. "Choques Macroeconômicos e a Probabilidade de Permanecer Empregado ou Desempregado," Discussion Papers 2138, Instituto de Pesquisa Econômica Aplicada - IPEA.
• Castillo, Paul & Montoro, Carlos, 2015. "Distribución de Ingresos y Dolarización Endógena," Working Papers 2015-002, Banco Central de Reserva del Perú.
• Liu, Zhuoshi & Vangelista, Elisabetta & Kaminska, Iryna & Relleen, Jon, 2015. "The informational content of market-based measures of inflation expectations derived from govenment bonds and inflation swaps in the United Kingdom," Bank of England working papers 551, Bank of England.
• Alan Gelb, Anna Diofasi, 2015. "What Determines Purchasing Power Parity Exchange Rates? - Working Paper 416," Working Papers 416, Center for Global Development.
• Martín Ardanaz & Ana Corbacho & Alberto Gonzales & Nuria Tolsa Caballero, 2015. "Structural Fiscal Balances in Latin America and the Caribbean: New Dataset and Estimations," IDB Publications (Working Papers) 89816, Inter-American Development Bank.
• Ernesto Longobardi, 2015. "The crisis of economic governance in the European Union," SERIES 07-2015, Dipartimento di Economia e Finanza - Università degli Studi di Bari "Aldo Moro", revised Oct 2015.
• Anton Korinek & Damiano Sandri, 2015. "Capital Controls or Macroprudential Regulation?," IMF Working Papers 15/218, International Monetary Fund.
• International Monetary Fund, 2015. "The Gambia; 2015 Article IV Consultation-Press release; Staff Report; and Statement by the Executive Director for the Gambia," IMF Staff Country Reports 15/272, International Monetary Fund.
• James B. Bullard, 2015. "Three Challenges to Central Bank Orthodoxy," Speech 251, Federal Reserve Bank of St. Louis.
• International Monetary Fund, 2015. "Namibia; 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Namibia," IMF Staff Country Reports 15/276, International Monetary Fund.
• Michele Loberto & Chiara Perricone, 2015. "Does trend inflation make a difference?," Temi di discussione (Economic working papers) 1033, Bank of Italy, Economic Research and International Relations Area.
• Dwenger, Nadja & Fossen, Frank M. & Simmler, Martin, 2015. "From financial to real economic crisis: Evidence from individual firm-bank relationships in Germany," Discussion Papers 2015/28, Free University Berlin, School of Business & Economics.
• Mohajeryami, Saeed, 2015. "Forecasting Feds Fund Rate: 1982-2014," MPRA Paper 67142, University Library of Munich, Germany.
• Zuzana Brixiová & Qingwei Meng & Mthuli Ncube, 2015. "Can Intra-Regional Trade Act as a Global Shock Absorber in Africa?," SALDRU Working Papers 154, Southern Africa Labour and Development Research Unit, University of Cape Town.
• Michal Moszynski, 2015. "Ordoliberalism and the macroeconomic policy in the face of the euro crisis," Working Papers 162/2015, Institute of Economic Research, revised Oct 2015.
• Mario Holzner, 2015. "Aufwind im Westen Mittel-, Ost- und Südosteuropas: Wichtige Wachstumsimpulse für Österreich," wiiw Research Reports in German language 1, The Vienna Institute for International Economic Studies, wiiw.
• Norbert Švarda & Matúš Senaj & Michal Horváth & Zuzana Siebertová, 2015. "The End of the Flat Tax Experiment in Slovakia," Discussion Papers 33, Central European Labour Studies Institute (CELSI).
• Derek Anderson & Jorge I Canales Kriljenko & Paulo Drummond & Pedro Espaillat & Dirk V Muir, 2015. "Spillovers from China onto Sub-Saharan Africa; Insights from the Flexible System of Global Models (FSGM)," IMF Working Papers 15/221, International Monetary Fund.
• Waldenström, Daniel, 2015. "The National Wealth of Sweden, 1810–2014," Working Paper Series 1088, Research Institute of Industrial Economics.
• Nasha Ananchotikul & Dulani Seneviratne, 2015. "Monetary Policy Transmission in Emerging Asia; The Role of Banks and the Effects of Financial Globalization," IMF Working Papers 15/207, International Monetary Fund.
• Julian T Chow, 2015. "Stress Testing Corporate Balance Sheets in Emerging Economies," IMF Working Papers 15/216, International Monetary Fund.
• Francesco Sergi, 2015. "L'histoire (faussement) naïve des modèles DSGE," Documents de travail du Centre d'Economie de la Sorbonne 15066, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
• Péter Bauer, 2015. "Factors of price convergence and its estimated level in Hungary," MNB Occasional Papers 2015/119, Magyar Nemzeti Bank (Central Bank of Hungary).
• Carolina Osorio Buitron & Esteban Vesperoni, 2015. "Big Players Out of Synch; Spillovers Implications of US and Euro Area Shocks," IMF Working Papers 15/215, International Monetary Fund.
• Jin Cheng & Meixing Dai & Frédéric Dufourt, 2015. "The banking crisis with interbank market freeze," Working Papers of BETA 2015-20, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
• Filip, Bogdan Florin, 2014. "Financial-Monetary Instability Factors within the Framework of the Recent Crisis in Romania," Working Papers of National Institute for Economic Research 141213, Institutul National de Cercetari Economice (INCE).
• Yunus Aksoy & Ron P. Smith & Tobias Grasl & Henrique S. Basso, 2015. "Demographic structure and macroeconomic trends," Working Papers 1528, Banco de España.
• Item repec:hhs:bofrdp:2015_020 is not listed on IDEAS anymore

• Javier García-Cicco & Enrique Kawamura, 2015. "Dealing with the Dutch Disease: Fiscal Rules and Macro-Prudential Policies," IDB Publications (Working Papers) 90216, Inter-American Development Bank.
• Fernando Avalos & Ramon Moreno & Tania Romero, 2015. "Leverage on the buy side," BIS Working Papers 517, Bank for International Settlements.
• de Bruijn, L.P. & Franses, Ph.H.B.F., 2015. "Stochastic levels and duration dependence in US unemployment," Econometric Institute Research Papers EI2015-20, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
• Nuguer Victoria, 2015. "Financial Intermediation in a Global Environment," Working Papers 2015-05, Banco de México.
• Elías Albagli & Alberto Naudon & Rodrigo Vergara, 2015. "Inflation Dynamics in LATAM: A Comparison with Global Trends and Implications for Monetary Policy," Economic Policy Papers Central Bank of Chile 58, Central Bank of Chile.
• Pedro Carneiro & Italo Lopez Garcia & Kjell G. Salvanes & Emma Tominey, 2015. "Intergenerational Mobility and the Timing of Parental Income," Discussion Papers 15/20, Department of Economics, University of York.
• Mihály Hajnal & György Molnár & Judit Várhegyi, 2015. "Exchange rate pass - through after the crisis: the Hungarian experience," MNB Occasional Papers 2015/121, Magyar Nemzeti Bank (Central Bank of Hungary).
• International Monetary Fund, 2015. "Zimbabwe; Second Review Under the Staff-Monitor Program-Press Release; and Staff Report," IMF Staff Country Reports 15/279, International Monetary Fund.
• Cyntia Freitas Azevedo & Angelo Marsiglia Fasolo, 2015. "Effective Tax Rates on Consumption and Factor Incomes: a quarterly frequency estimation for Brazil," Working Papers Series 398, Central Bank of Brazil, Research Department.
• Pancrazi, Roberto & Seoane, Hernan D & Vukotic, Marija, 2015. "Sovereign Risk, Private Credit, and Stabilization Policies," The Warwick Economics Research Paper Series (TWERPS) 1069, University of Warwick, Department of Economics.
• International Monetary Fund, 2015. "Australia; 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Australia," IMF Staff Country Reports 15/274, International Monetary Fund.
• Santiago Justel & Andrés Sansone, 2015. "Exchange Rate Pass-Through to Prices: VAR Evidence for Chile," Working Papers Central Bank of Chile 747, Central Bank of Chile.
• Azeem, Muhammad Mehtab & Ozari, Assit.Prof. Dr.Cidgem & Marsap, Prof.Dr.Akin & Arhab, Prof. Dr.Said & Jilani, Abdul Haseeb, 2015. "Impact of E-Commerce on Organization Performance; Evidence from Banking Sector of Pakistan," MPRA Paper 67212, University Library of Munich, Germany.
• Stefano Bosi & Cuong Le Van & Ngoc-Sang Pham, 2015. "Intertemporal equilibrium with heterogeneous agents, endogenous dividends and borrowing constraints," Documents de travail du Centre d'Economie de la Sorbonne 15067, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
• Chu, Angus C. & Liao, Chih-Hsing & Liu, Xiangbo & Zhang, Mengbo, 2015. "Indeterminacy in a Matching Model of Money with Productive Government Expenditure," MPRA Paper 67172, University Library of Munich, Germany.
• International Monetary Fund, 2015. "Senegal; Request for a Three-Year Policy Support Instrument-Press Release; Staff Report; and Statement by the Executive Director for Senegal," IMF Staff Country Reports 15/273, International Monetary Fund.
• Michel Fliess & Cédric Join, 2015. "Seasonalities and cycles in time series: A fresh look with computer experiments," Post-Print hal-01208171, HAL.
• Loretta J. Mester, 2015. "Comments on \"Microprudential Versus Macroprudential Supervision\" by Paul Tucker 59th Economic Conference–Macroprudential Monetary Policy Federal Reserve Bank of Boston Boston, MA October 2," Speech 62, Federal Reserve Bank of Cleveland.
• International Department, 2015. "Japan's Balance of Payments Statistics for 2014 and International Investment Position at Year-End 2014," Bank of Japan Research Papers 2015-09-30, Bank of Japan.
• Item repec:col:000101:013858 is not listed on IDEAS anymore

• Noriega Antonio E. & Ramos Francia Manuel & Rodríguez-Pérez Cid Alonso, 2015. "Money Demand Estimations in Mexico and of its Stability 1986-2010, as well as Some Examples of its Uses," Working Papers 2015-13, Banco de México.
• Xiongzhi Chen, 2015. "Explicit solutions to a vector time series model and its induced model for business cycles," Papers 1510.04346, arXiv.org.
• Pancrazi, Roberto & Mengus , Eric, 2015. "The Inequality Accelerator," The Warwick Economics Research Paper Series (TWERPS) 1067, University of Warwick, Department of Economics.
• Tatiana Cesaroni, 2015. "Procyclicality of credit rating systems: how to manage it," Temi di discussione (Economic working papers) 1034, Bank of Italy, Economic Research and International Relations Area.
• Carrillo Julio A. & Elizondo Rocío, 2015. "How Robust Are SVARs at Measuring Monetary Policy in Small Open Economies?," Working Papers 2015-18, Banco de México.
• Domagoj Racic & Jadranka Svarc, 2015. "Stairway to Excellence. Country Report: Croatia," JRC Research Reports JRC97338, Joint Research Centre.
• Philip Abbott & Finn Tarp & Ce Wu, 2015. "Structural transformation, biased technological change, and employment in Vietnam," WIDER Working Paper Series 068, World Institute for Development Economic Research (UNU-WIDER).
• International Monetary Fund, 2015. "Jamaica; Ninth Review Under the Arrangement Under the Extended Fund Facility and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director f," IMF Staff Country Reports 15/270, International Monetary Fund.
• Carrera, Cesar & Ledesma, Alan, 2015. "Proyección de la inflación agregada con modelos de vectores autorregresivos bayesianos," Working Papers 2015-003, Banco Central de Reserva del Perú.
• Nagler, Paula, 2015. "The impact of unemployment insurance savings accounts on subsequent employment quality," MERIT Working Papers 2015-026, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
• Mario Holzner & Robert Stehrer & Hermine Vidovic, 2015. "Infrastructure Investment in the Western Balkans," wiiw Research Reports 407, The Vienna Institute for International Economic Studies, wiiw.
• Martin Ravallion, 2015. "Toward Better Global Poverty Measures - Working Paper 417," Working Papers 417, Center for Global Development.
• Rabah Arezki & Valerie A Ramey & Liugang Sheng, 2015. "News Shocks in Open Economies; Evidence from Giant Oil Discoveries," IMF Working Papers 15/209, International Monetary Fund.
• Asatryan, Zareh & Foremny, Dirk & Heinemann, Friedrich & Solé-Ollé, Albert & Stratmann, Thomas & Yeter, Mustafa, 2015. "Better fiscal rules for Europe: Reflections based on new empirical evidence," ZEW policy briefs 4/2015, ZEW - Leibniz Centre for European Economic Research.
• Miura, Shinji, 2015. "Unified money circulation equation and an analogical explanation for its solvability," MPRA Paper 67144, University Library of Munich, Germany.
• Timothy C Irwin, 2015. "Getting the Dog to Bark; Disclosing Fiscal Risks from the Financial Sector," IMF Working Papers 15/208, International Monetary Fund.
• Inoue,Tomoo & Kaya,Demet & Ohshige,Hitoshi, 2015. "The impact of China?s slowdown on the Asia Pacific region : an application of the GVAR model," Policy Research Working Paper Series 7442, The World Bank.
• Matthias Morys, 2015. "Any lessons for today? Exchange-rate stabilisation in Greece and South-East Europe between economic and political objectives and fiscal reality, 1841-1939," Working Papers 0084, European Historical Economics Society (EHES).
• Cesar Martinelli & Susan W. Parker & Ana Cristina PeÌ rez-Gea & Rodimiro Rodrigo, 2015. "Cheating and Incentives: Learning from a Policy Experiment," Working Papers 1058, George Mason University, Interdisciplinary Center for Economic Science.
• Gottlieb, Charles, 2015. "On the distributive effects of inflation," SAFE Working Paper Series 116, Leibniz Institute for Financial Research SAFE.
• Marianna Riggi & Fabrizio Venditti, 2015. "The time varying effect of oil price shocks on euro-area exports," Temi di discussione (Economic working papers) 1035, Bank of Italy, Economic Research and International Relations Area.
• Harashima, Taiji, 2015. "Why Has the U.S. Current Account Deficit Persisted? International Sustainable Heterogeneity under Floating Exchange Rates," MPRA Paper 67177, University Library of Munich, Germany.
• KUROSE, Kazuhiro, 2015. "The Structure of the Models of Structural Change and Kaldor's Facts: A Critical Survey," CCES Discussion Paper Series 59, Center for Research on Contemporary Economic Systems, Graduate School of Economics, Hitotsubashi University.