Report NEP-MAC-2018-05-28

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:

• Lasitha R.C. Pathberiya, 2018. "Interest Rate Rules, Forward Guidance Rules and the Zero Lower Bound on Nominal Interest Rates in a Cost Channel Economy," Discussion Papers Series 592, School of Economics, University of Queensland, Australia.
• José Dorich & Nicholas Labelle St-Pierre & Vadym Lepetyuk & Rhys Mendes, 2018. "Could a higher inflation target enhance macroeconomic stability?," BIS Working Papers 720, Bank for International Settlements.
• Qazi Haque & Nicolas Groshenny & Mark Weder, 2018. "Do we really know that US monetary policy was destabilizing in the 1970s?," CAMA Working Papers 2018-23, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Finkelstein Shapiroy, Alan & Olivero, Maria, 2018. "Lending Relationships and Labor Market Dynamics," School of Economics Working Paper Series 2018-5, LeBow College of Business, Drexel University.
• Lasitha R.C. Pathberiya, 2018. "Jobless Recovery, Liquidity Trap, Tight Monetary Policy and the Cost Channel," Discussion Papers Series 591, School of Economics, University of Queensland, Australia.
• Loza, Melissa & Morales, Juan Antonio, 2018. "Export Boom and Economic Performance: Bolivia 2004-2015," Documentos de trabajo 1/2018, Instituto de Investigaciones Socio-Económicas (IISEC), Universidad Católica Boliviana.
• Christian Pfister, Natacha Valla, 2018. "‘New Normal’ or ‘New Orthodoxy’? Elements of a Central Banking Framework for the After-Crisis," Working papers 680, Banque de France.
• Patrick A. Pintus & Yi Wen & Xiaochuan Xing, 2018. "International Credit Markets and Global Business Cycles," AMSE Working Papers 1814, Aix-Marseille School of Economics, France, revised Oct 2018.
• Buiter, Willem & Sibert, Anne, 2018. "Corporate Profit Taxes, Capital Expenditure and Real Wages: The analytics behind a contentious debate," CEPR Discussion Papers 12932, C.E.P.R. Discussion Papers.
• Kumhof, Michael & Noone, Clare, 2018. "Central bank digital currencies - design principles and balance sheet implications," Bank of England working papers 725, Bank of England.
• Li, Ye, 2017. "Procyclical Finance: The Money View," Working Paper Series 2017-24, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
• Meaning, Jack & Dyson, Ben & Barker, James & Clayton, Emily, 2018. "Broadening narrow money: monetary policy with a central bank digital currency," Bank of England working papers 724, Bank of England.
• Item repec:spo:wpmain:info:hdl:2441/1mtnt18l7t904biebogfm7hcao is not listed on IDEAS anymore

• Viktors Ajevskis, 2018. "The Natural Rate of Interest: Information Derived from a Shadow Rate Model," Working Papers 2018/02, Latvijas Banka.
• Andrew Filardo & Pierre Siklos, 2018. "The cross-border credit channel and lending standards surveys," BIS Working Papers 723, Bank for International Settlements.
• Phuong, Le Quoc, 2018. "Vietnam's Low National Competitiveness: Causes, Implications and Suggestions for Improvement," Working Papers 18-1, Korea Institute for International Economic Policy.
• Michal Brzoza-Brzezina & Jacek Kotlowski, 2018. "The non-linear nature of country risk and its implications for DSGE models," KAE Working Papers 2018-035, Warsaw School of Economics, Collegium of Economic Analysis.
• Silvana Bartoletto & Bruno Chiarini & Elisabetta Marzano & Paolo Piselli, 2017. "Business Cycles, Credit Cycles, and Bank Holdings of Sovereign Bonds: Historical Evidence for Italy 1861-2013," Quaderni di storia economica (Economic History Working Papers) 43, Bank of Italy, Economic Research and International Relations Area.
• Andrea Carriero & Francesco Corsello & Massimiliano Marcellino, 2018. "The global component of inflation volatility," Temi di discussione (Economic working papers) 1170, Bank of Italy, Economic Research and International Relations Area.
• Mikael Juselius & Előd Takáts, 2018. "The enduring link between demography and inflation," BIS Working Papers 722, Bank for International Settlements.
• Martina Cecioni, 2018. "ECB monetary policy and the euro exchange rate," Temi di discussione (Economic working papers) 1172, Bank of Italy, Economic Research and International Relations Area.
• Efrem Castelnuovo & Trung Duc Tran, 2017. "Google It Up! A Google Trends-Based Uncertainty Index for the United States and Australia," Melbourne Institute Working Paper Series wp2017n27, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
• Debra Bloch & Jean-Marc Fournier, 2018. "The deterioration of the public spending mix during the global financial crisis: Insights from new indicators," OECD Economics Department Working Papers 1465, OECD Publishing.
• Jeremy Lise & Jean-Marc Robin, 2017. "The Macrodynamics of Sorting between Workers and Firms," SciencePo Working papers Main hal-03391971, HAL.
• Moro, Alessio & Rachedi, Omar, 2018. "The Changing Structure of Government Spending," MPRA Paper 86577, University Library of Munich, Germany.
• Lorenzo Menna & Martin Tobal, 2018. "Financial and price stability in emerging markets: the role of the interest rate," BIS Working Papers 717, Bank for International Settlements.
• Benjamin K Johannsen & Elmar Mertens, 2018. "A time series model of interest rates with the effective lower bound," BIS Working Papers 715, Bank for International Settlements.
• Goncalves, Andrei, 2017. "Can Reinvestment Risk Explain the Dividend and Bond Term Structures?," Working Paper Series 2017-14, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
• Baumeister, Christiane & Hamilton, James, 2018. "Inference in Structural Vector Autoregressions When the Identifying Assumptions are Not Fully Believed: Re-evaluating the Role," CEPR Discussion Papers 12911, C.E.P.R. Discussion Papers.
• Cao, Qingqing & Minetti, Raoul & Olivero, Maria, 2018. "No Pain, No Gain. Multinational Banks in the Business Cycle," School of Economics Working Paper Series 2018-6, LeBow College of Business, Drexel University.
• Karel Mertens & Morten O. Ravn, 2018. "The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States: Reply to Jentsch and Lunsford," Working Papers 1805, Federal Reserve Bank of Dallas.
• Adesete, Ahmed & Osinloye, Adelanfe & Abolade, Modupeoluwa & Nwachukwu, Christian & Onyejeaka, Emmanuel & Ojo, Dolapo & Ogungbemi, Tosin & Phillips, Martins, 2018. "Thirlwall Law: Validity of the Law in Nigeria," MPRA Paper 86493, University Library of Munich, Germany, revised Apr 2018.
• Senzu, Emmanuel Tweneboah, 2018. "Investment attraction, competition and growth; theoretical perspective in the context of Africa," MPRA Paper 86619, University Library of Munich, Germany.
• Glenn Lauren Moore & Engelbert Stockhammer, 2018. "The drivers of household indebtedness re-considered: an empirical evaluation of competing macroeconomic arguments on the determinants of household indebtedness in OECD countries," Working Papers 207, Department of Economics, SOAS University of London, UK.
• International Monetary Fund, 2018. "The Bahamas; 2018 Article IV Consultation-Press Release and Staff Report," IMF Staff Country Reports 18/118, International Monetary Fund.
• Kan Chen & Nathaniel Karp, 2018. "Natural interest rates in the U.S., Canada and Mexico," Working Papers 18/07, BBVA Bank, Economic Research Department.
• Kevin x.d. Huang & Qinglai Meng & Jianpo Xue, 2018. "Money growth targeting and indeterminacy in small open economies," Vanderbilt University Department of Economics Working Papers 18-00005, Vanderbilt University Department of Economics.
• Alfaro, Ivan & Bloom, Nicholas & Lin, Xiaoji, 2017. "The Finance Uncertainty Multiplier," Working Paper Series 2017-30, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
• Goncalves, Andrei & Xue, Chen & Zhang, Lu, 2017. "Aggregation, Capital Heterogeneity, and the Investment CAPM," Working Paper Series 2017-12, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
• Neuberger, Doris, 2018. "Kann Karl Marx die Finanzkrise 2007/08 erklären? Eine Einordnung seiner Geld- und Kredittheorie," Thuenen-Series of Applied Economic Theory 155, University of Rostock, Institute of Economics, revised 2018.
• Goodness C. Aye & Rangan Gupta, 2018. "Macroeconomic Uncertainty and the Comovement in Buying versus Renting in the United States," Working Papers 201832, University of Pretoria, Department of Economics.
• Paul Hubert & Jérôme Creel & Christophe Blot & Fabien Labondance, 2017. "Are European bond markets overshooting?," SciencePo Working papers Main hal-03471799, HAL.
• Antonio De Socio & Enrico Sette, 2018. "Firms’ investments during two crises," Temi di discussione (Economic working papers) 1173, Bank of Italy, Economic Research and International Relations Area.
• Djula Borozan, 2018. "Estimating The Effect Of The Great Recession On Final Energy Consumption," Proceedings of International Academic Conferences 7508719, International Institute of Social and Economic Sciences.
• Richhild Moessner, 2018. "Effects of asset purchases and financial stability measures on term premia in the euro area," BIS Working Papers 721, Bank for International Settlements.
• David Gabauer & Rangan Gupta, 2018. "On the Transmission Mechanism of Country-Specific and International Economic Uncertainty Spillovers: Evidence from a TVP-VAR Connectedness Decomposition Approach," Working Papers 201829, University of Pretoria, Department of Economics.
• Alexey Ponomarenko & Anna Rozhkova & Sergei Seleznev, 2018. "Macro-financial linkages: the role of liquidity dependence," BIS Working Papers 716, Bank for International Settlements.
• International Monetary Fund, 2018. "Malawi; 2018 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility," IMF Staff Country Reports 18/115, International Monetary Fund.
• Jens Klose, 2018. "Equilibrium Real Interest Rates for the BRICS Countries," MAGKS Papers on Economics 201814, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
• József Varga & Gábor Sárdi & Tamás Kovács, 2018. "Community currency, local currency, negotiable voucher and others: a theoretical attempt to classify money substitutes into a system," Proceedings of International Academic Conferences 7508886, International Institute of Social and Economic Sciences.
• Charles Ka Yui Leung & Joe Cho Yiu Ng, 2018. "Macro Aspects of Housing," Globalization Institute Working Papers 340, Federal Reserve Bank of Dallas.
• Korishchenko, Konstantin (Корищенко, Константин) & Pilnik, Nikolay (Пильник, Николай) & Ivanova, Maria (Иванова, Мария), 2018. "Identifying the Main Determinants of Consumer Price Growth in the Russian Economy Under the Inflation Targeting Policy [Выявление Основных Детерминант Роста Потребительских Цен В Российской Экономи," Working Papers 041834, Russian Presidential Academy of National Economy and Public Administration.
• Barón Ortegón, Brayan Alexander, 2017. "Keynes: ley de Say y demanda de dinero [Keynes: Say's law and demand for money]," MPRA Paper 86739, University Library of Munich, Germany.
• Geoffrey R. Dunbar & Casey Jones, 2018. "The (Un)Demand for Money in Canada," Staff Working Papers 18-20, Bank of Canada.
• Loretta J. Mester, 2018. "A Practical Viewpoint on Financial System Resiliency and Monetary Policy; 05.18.18; Third Annual ECB Macroprudential Policy and Research Conference, European Central Bank, Frankfurt, Germany," Speech 99, Federal Reserve Bank of Cleveland.
• Takuma Tanaka, 2018. "Thermodynamic structure of a macroeconomic model," Discussion Papers CRR Discussion Paper Series A: General 30, Shiga University, Faculty of Economics,Center for Risk Research.
• Elias Albagli & Luis Ceballos & Sebastián Claro & Damian Romero, 2018. "Channels of US monetary policy spillovers to international bond markets," BIS Working Papers 719, Bank for International Settlements.
• Melody Y. Huang & Randall R. Rojas & Patrick D. Convery, 2018. "News Sentiment as Leading Indicators for Recessions," Papers 1805.04160, arXiv.org, revised May 2018.
• Nomaler, Onder & Verspagen, Bart, 2018. "Perpetual growth, distribution, and robots," MERIT Working Papers 2018-023, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
• Item repec:spo:wpmain:info:hdl:2441/2rukp5b2eo9jc96dp2a5e6s32v is not listed on IDEAS anymore

• Delphine Lautier & Franck Raynaud & Michel Robe, 2017. "Shocks propagation across the futures term structure : evidence from crude oil prices," Post-Print hal-01781765, HAL.
• Rodrigo Octávio Orair & Sergio Wulff Gobetti, 2017. "De la expansión a la austeridad: los retos y riesgos del cambio radical de política fiscal en Brasil," One Pager Spanish 360, International Policy Centre for Inclusive Growth.
• Richard Grieveson & Julia Grübler & Mario Holzner, 2018. "Western Balkans EU Accession: Is the 2025 Target Date Realistic?," wiiw Policy Notes 22, The Vienna Institute for International Economic Studies, wiiw.
• Lee E. Ohanian & Paulina Restrepo-Echavarria & Mark L. J. Wright, 2018. "Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America," Staff Report 563, Federal Reserve Bank of Minneapolis.