Report NEP-MAC-2015-12-20

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:

• Christelle Grobler & Ben Smit, 2015. "Enhancing the financial sector linkages in the Bureau for Economic Research’s core macroeconometric model," Working Papers 21/2015, Stellenbosch University, Department of Economics.
• Hüther, Michael & Demary, Markus, 2015. "IW monetary outlook December 2015: Weak credit growth hinders eurozone inflation to increase," IW policy papers 37/2015, Institut der deutschen Wirtschaft (IW) / German Economic Institute.
• Kliem, Martin & Kriwoluzky, Alexander & Sarferaz, Samad, 2015. "Monetary-fiscal policy interaction and fiscal inflation: A tale of three countries," Discussion Papers 42/2015, Deutsche Bundesbank.
• Hüther, Michael & Demary, Markus, 2015. "IW monetary outlook October 2015. Low inflation: A challenge for central banks," IW policy papers 33/2015E, Institut der deutschen Wirtschaft (IW) / German Economic Institute.
• Cesa-Bianchi, Ambrogio & Rebucci, Alessandro, 2015. "Does easing monetary policy increase financial instability?," Bank of England working papers 570, Bank of England.
• Rachel, Lukasz & Smith, Thomas, 2015. "Secular drivers of the global real interest rate," Bank of England working papers 571, Bank of England.
• Engelbert Stockhammer, 2015. "Neoliberal growth models, monetary union and the Euro crisis. A post-Keynesian perspective," Working Papers PKWP1510, Post Keynesian Economics Society (PKES).
• Pinter, Gabor, 2015. "House prices and job losses," Bank of England working papers 569, Bank of England.
• Hüther, Michael & Demary, Markus, 2015. "IW-Zinsausblick Oktober 2015. Niedriginflation: Eine Herausforderung für Zentralbanken," IW policy papers 33/2015, Institut der deutschen Wirtschaft (IW) / German Economic Institute.
• Hiona Balfoussia & Dimitris Malliaropulos, 2015. "Credit-less recoveries: the role of investment-savings imbalances," Working Papers 200, Bank of Greece.
• Ghironi, Fabio & Duval, Romain & Fiori, Giuseppe & Cacciatore, Matteo, 2015. "Short-Term Pain for Long-Term Gain: Market Deregulation and Monetary Policy in Small Open Economies," CEPR Discussion Papers 10982, C.E.P.R. Discussion Papers.
• Firmin Doko Tchatoka & Nicolas Groshenny & Qazi Haque & Mark Weder, 2015. "Monetary Policy and Indeterminacy after the 2001 Slump," School of Economics and Public Policy Working Papers 2015-21, University of Adelaide, School of Economics and Public Policy.
• Jaromir Tonner & Stanislav Tvrz & Osvald Vasicek, 2015. "Labour Market Modelling within a DSGE Approach," Working Papers 2015/06, Czech National Bank.
• Kim, Minseong, 2015. "Fisherian Futures Market," MPRA Paper 68387, University Library of Munich, Germany.
• Nora Abu Asab & Juan Carlos Cuestas & Alberto Montagnoli, 2015. "Inflation targeting or Exchange Rate Targeting: Which Framework Supports The Goal of Price Stability in Emerging Market Economics?," Working Papers 2015025, The University of Sheffield, Department of Economics.
• Di Nola, Alessandro, 2015. "Capital Misallocation during the Great Recession," MPRA Paper 68289, University Library of Munich, Germany.
• Koester, Gerrit B. & Priesmeier, Christoph, 2015. "The Timing and Responsiveness of Fiscal Policy over the Business Cycle in Germany," MPRA Paper 68412, University Library of Munich, Germany.
• Ovalle, Raul & Ramírez, Francisco A., 2014. "Reglas versus Discreción en la Política Fiscal: Introducción al caso Dominicano [Rules vs Discretion in Fiscal Policy: An Introduction to the Case of the Dominican Republic]," MPRA Paper 68332, University Library of Munich, Germany.
• Item repec:hhs:bofrdp:2015_024 is not listed on IDEAS anymore

• David Lancaster & Peter Tulip, 2015. "Okun's Law and Potential Output," RBA Research Discussion Papers rdp2015-14, Reserve Bank of Australia.
• Ginters Buss, 2015. "Search-and-Matching Frictions and Labour Market Dynamics in Latvia," Working Papers 2015/04, Latvijas Banka.
• Grech, Aaron George, 2015. "The evolution of the Maltese economy since independence," MPRA Paper 68392, University Library of Munich, Germany.
• Offick, Sven & Wohltmann, Hans-Werner, 2015. "Volatility effects of news shocks in (B)RE models with optimal monetary policy," Economics Working Papers 2015-07, Christian-Albrechts-University of Kiel, Department of Economics.
• Offick, Sven & Winkler, Roland C., 2015. "Endogenous firm entry in an estimated model of the U.S. business cycle," Economics Working Papers 2015-06, Christian-Albrechts-University of Kiel, Department of Economics.
• Santos, Susana, 2015. "The informal aspects of the activity of countries studied through Social Accounting and Socio-Demographic Matrices," MPRA Paper 68267, University Library of Munich, Germany.
• Item repec:hhs:bofrdp:2015_025 is not listed on IDEAS anymore

• Jiménez, Miguel A. & Ramírez, Francisco A., 2015. "Incidencia de los Choques Externos y Domésticos sobre la Dinámica de la Inflación: Evidencia a partir de un VAR Bayesiano [Incidence of External and Domestic Shocks on Inflation Dynamics: Evidence ," MPRA Paper 68334, University Library of Munich, Germany.
• Damien Cubizol, 2015. "Unbalanced credit distribution in emerging economies and FDI," Working Papers 1532, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
• Ichiro Fukunaga & Naoya Kato, 2015. "Quantitative and Qualitative Monetary Easing and Long-Term Interest Rates: The Effects through the Stock of "Net Supply" and Maturity Structure of Japanese Government Bonds," Bank of Japan Research Laboratory Series 15-E-7, Bank of Japan.
• Favero, Carlo A. & Karamysheva, Madina, 2015. "What Do We Know About Fiscal Multipliers?," CEPR Discussion Papers 10986, C.E.P.R. Discussion Papers.
• Lajos Tamás Szabó, 2015. "Estimates of the Non-accelerating Inflation Rate of Unemployment (NAIRU) for Hungary," MNB Working Papers 2015/5, Magyar Nemzeti Bank (Central Bank of Hungary).
• Funashima, Yoshito, 2015. "Wagner's law versus displacement effect," MPRA Paper 68390, University Library of Munich, Germany.
• Millard, Stephen & Tatomir, Srdan, 2015. "Firms’ adjustment during 2010–13: evidence from the Wage Dynamics Survey," Bank of England working papers 568, Bank of England.
• Alberto Botta & Daniele Tori, 2015. "A critique to the expansionary austerity: Theoretical weaknesses and empirical counter evidence," Working Papers PKWP1511, Post Keynesian Economics Society (PKES).
• J.W. Mason & Arjun Jayadev, 2015. "Lost in Fiscal Space: Some Simple Analytics of Macroeconomic Policy in the Spirit of Tinbergen, Wicksell and Lerner," Working Papers 2015_05, University of Massachusetts Boston, Economics Department.
• Item repec:spo:wpmain:info:hdl:2441/4ip86c7fo58bj979c67ml0ohqh is not listed on IDEAS anymore

• Maciej Ryczkowski, 2015. "Ewolucja pogladow Miltona Friedmana, a ocena polityki pienieznej Fed i EBC w okresie kryzysu finansowego," Working Papers 168/2015, Institute of Economic Research, revised Dec 2015.
• Unal, Umut, 2015. "Capital Income Taxation and Welfare under DSGE Framework," MPRA Paper 68416, University Library of Munich, Germany.
• Ruoxuan Xiong & Eric P. Nichols & Yuan Shen, 2015. "Deep Learning Stock Volatility with Google Domestic Trends," Papers 1512.04916, arXiv.org, revised Feb 2016.
• ABEBE, Girum & TEKLE, Biruk & MANO, Yukichi & 真野, 裕吉, 2015. "Changing saving and investment behavior: the impact of financial literacy training and reminders on micro-businesses," Discussion paper series HIAS-E-15, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.
• Jean-Pierre Drugeon & Bertand Wigniolle, 2015. "On Time-Consistent Policy Rules for Heterogeneous Discounting Programs," Documents de travail du Centre d'Economie de la Sorbonne 15082, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
• Hao Jin, 2015. "Foreign Exchange Interventions, Capital Controls and Monetary Policy: The Case of China," CAEPR Working Papers 2015-019, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
• Rosetta Dollman & Greg Kaplan & Gianni La Cava & Tahlee Stone, 2015. "Household Economic Inequality in Australia," RBA Research Discussion Papers rdp2015-15, Reserve Bank of Australia.
• Pablo Manzanelli, 2015. "Aportes al estudio de la formación de capital en la Argentina actual (2002-2012)," Ensayos de Economía 14145, Universidad Nacional de Colombia Sede Medellín.
• José Gabriel Palma, 2015. "Why corporations in developing countries are likely to be even more susceptible to the vicissitudes of international finance than their counterparts in the developed world: A Tribute to Ajit Singh," Cambridge Working Papers in Economics 1539, Faculty of Economics, University of Cambridge.
• Jean-Pierre Drugeon & Bertand Wigniolle, 2015. "On Impatience, Temptation & Ramsey's Conjecture," Documents de travail du Centre d'Economie de la Sorbonne 15081, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
• Robert Price & Thai-Thanh Dang & Jarmila Botev, 2015. "Adjusting fiscal balances for the business cycle: New tax and expenditure elasticity estimates for OECD countries," OECD Economics Department Working Papers 1275, OECD Publishing.
• Annamaria de Crescenzio & Marta Golin & Anne-Christelle Ott, 2015. "Currency-based measures targeting banks - Balancing national regulation of risk and financial openness," OECD Working Papers on International Investment 2015/3, OECD Publishing.
• Chrystalleni Aristidou & Kevin Lee & Kalvinder Shields, 2015. "Real-Time Data should be used in Forecasting Output Growth and Recessionary Events in the US," Discussion Papers 2015/13, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
• Kim, Jae & Choi, In, 2015. "Unit Roots in Economic and Financial Time Series: A Re-Evaluation based on Enlightened Judgement," MPRA Paper 68411, University Library of Munich, Germany.
• GUERRON-QUINTANA, Pablo A. & JINNAI, Ryo & 陣内, 了, 2015. "Liquidity Shocks and Asset Prices," Discussion paper series HIAS-E-17, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.
• Estrada, Gemma Esther & Park, Donghyun & Ramayandi, Arief, 2015. "Financial Development, Financial Openness, and Economic Growth," ADB Economics Working Paper Series 442, Asian Development Bank.
• Jose Luis Nicolini Llosa, 2015. "Renta financiera y solvencia mundial," Ensayos de Economía 14143, Universidad Nacional de Colombia Sede Medellín.
• Item repec:hhs:bofrdp:2015_023 is not listed on IDEAS anymore

• Bose, Udichibarna & MacDonald, Ronald & Tsoukas, Serafeim, 2015. "Policy initiatives and firms' access to external finance: Evidence from a panel of emerging Asian economies," Essex Finance Centre Working Papers 15627, University of Essex, Essex Business School.
• P. Manasse, 2015. "Writing off, Restructuring or Refinancing the Debt? The IMF s role in the Greek Debt Crisis," Working Papers wp1042, Dipartimento Scienze Economiche, Universita' di Bologna.
• Francisco Jose Veiga & Linda Goncalves Veiga & Atsuyoshi Morozumi, 2015. "Political budget cycles and media freedom," Discussion Papers 2015/14, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
• Reis, Ricardo, 2015. "Looking for a success in the euro crisis adjustment programs: the case of Portugal," CEPR Discussion Papers 10972, C.E.P.R. Discussion Papers.
• Kephart, Curtis & Friedman, Daniel & Baumer, Matt, 2015. "Emergence of networks and market institutions in a large virtual economy," Discussion Papers, Research Professorship Market Design: Theory and Pragmatics SP II 2015-502, WZB Berlin Social Science Center.
• Wouter den Haan & Michal Kobielarz & Pontus Rendahl, 2015. "Exact Present Solution with Consistent Future Approximation: A Gridless Algorithm to Solve Stochastic Dynamic Models," Discussion Papers 1536, Centre for Macroeconomics (CFM).
• Döhrn, Roland, 2014. "Keine Deflation im Euro-Raum," RWI Impact Notes 123299, RWI - Leibniz-Institut für Wirtschaftsforschung.
• Bogomyagkova, Olga, 2015. "Оценка Функционирования Механизма Региональных Финансов Омской Области [Evaluate the functioning of mechanisms for regional finance Omsk region]," MPRA Paper 68419, University Library of Munich, Germany, revised 05 Dec 2015.
• Antoine Cazals & Pierre Mandon, 2015. "Political Budget Cycles: Manipulation of Leaders or Bias from Research? A Meta-Regression Analysis," Working Papers halshs-01238883, HAL.