Report NEP-MAC-2018-06-11

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.

Subscribe to this report: email, RSS, or Mastodon, or Bluesky.

Other reports in NEP-MAC

The following items were announced in this report:

• Klaus Adam & Henning Weber, 2018. "Optimal Trend Inflation," CESifo Working Paper Series 7028, CESifo.
• Nishi, Hiroshi, 2018. "Balance-of-payments-constrained Cyclical Growth with Distributive Class Conflicts and Productivity Dynamics," MPRA Paper 86780, University Library of Munich, Germany.
• Jesús Rodríguez-López & Mario Solís-García, 2018. "Defense spending and fiscal multipliers: it's all in the variance," Working Papers 18.06, Universidad Pablo de Olavide, Department of Economics.
• Rodriguez-Lopez, Jesus & Solis-Garcia, Mario, 2018. "Defense spending and fiscal multipliers: it's all in the variance," MPRA Paper 86911, University Library of Munich, Germany.
• W. Lee Hoskins & Walker F. Todd, 2018. "Twenty Years after the Fall of the Berlin Wall: Rethinking the Role of Money and Markets in the Global Economy," Economics Working Paper Archive wp_908, Levy Economics Institute.
• Yanele Nyamela & Vasilios Plakandaras & Rangan Gupta, 2018. "Frequency-Dependent Real-Time Effects of Uncertainty in the United States: Evidence from Daily Data," Working Papers 201833, University of Pretoria, Department of Economics.
• Hans-Werner Sinn, 2018. "The ECB's Fiscal Policy," CESifo Working Paper Series 7019, CESifo.
• Dolado, Juan J. & Motyovszki, Gergö & Pappa, Evi, 2018. "Monetary Policy and Inequality under Labor Market Frictions and Capital-Skill Complementarity," IZA Discussion Papers 11494, Institute of Labor Economics (IZA).
• Francesco Furlanetto & Tommy Sveen & Lutz Weinke, 2018. "Technology and the Two Margins of Labor Adjustment: A New Keynesian Perspective," Working Paper 2018/7, Norges Bank.
• Fabien Labondance & Paul Hubert, 2017. "Central Bank sentiment and policy expectations," SciencePo Working papers Main hal-03457514, HAL.
• Lena Dräger & Michael Lamla, 2018. "Is the Anchoring of Consumers' Inflation Expectations Shaped by Inflational Experience?," CESifo Working Paper Series 7042, CESifo.
• Gehrke, Britta & Hochmuth, Brigitte, 2018. "Counteracting Unemployment in Crises: Non-Linear Effects of Short-Time Work Policy," IZA Discussion Papers 11472, Institute of Labor Economics (IZA).
• James A. Clouse & Sam Schulhofer-Wohl, 2018. "A Sequential Bargaining Model of the Fed Funds Market with Excess Reserves," Working Paper Series WP-2018-8, Federal Reserve Bank of Chicago.
• Cham, Tamsir, 2017. "Inflation Dynamics in The Gambia," Working Papers 2017-8, The Islamic Research and Teaching Institute (IRTI).
• Bennouna, Hicham & Bounader, Lahcen, 2018. "Analyse de la transmission de la politique monétaire vers les taux souverains," Document de travail 2018-2, Bank Al-Maghrib, Département de la Recherche.
• Altermatt, Lukas, 2018. "Savings, asset scarcity, and monetary policy," Working papers 2018/13, Faculty of Business and Economics - University of Basel.
• James Cloyne & Clodomiro Ferreira & Paolo Surico, 2018. "Monetary policy when households have debt: new evidence on the transmission mechanism," Working Papers 1813, Banco de España.
• Ivo Maes & Piet Clement, 2018. "Alexandre Lamfalussy and the monetary policy debates among central bankers during the Great Inflation," Working Paper Research 341, National Bank of Belgium.
• Sahu, Priyanka, 2018. "The Impact of Shocks on Core Inflation; Evidence from India," MPRA Paper 86588, University Library of Munich, Germany.
• Beechey, Meredith & Österholm, Pär, 2018. "Point versus Band Targets for Inflation," Working Papers 2018:8, Örebro University, School of Business.
• Cloyne, James & Dimsdale, Nicholas & Postel-Vinay, Natacha, 2018. "Taxes and growth: new narrative evidence from interwar Britain," Economic History Working Papers 88042, London School of Economics and Political Science, Department of Economic History.
• Lucas Marc Fuhrer & Basil Guggenheim & Matthias Jüttner, 2018. "What do Swiss franc Libor futures really tell us?," Working Papers 2018-06, Swiss National Bank.
• Ralf Fendel & Frederik Neugebauer, 2018. "Country-Specific Euro Area Government Bond Yield Reactions to ECB’s Non-Standard Monetary Policy Announcements," WHU Working Paper Series - Economics Group 18-02, WHU - Otto Beisheim School of Management.
• Andrea Colciago & Anna Samarina & Jakob de Haan, 2018. "Central bank policies and income and wealth inequality: A survey," DNB Working Papers 594, Netherlands Central Bank, Research Department.
• Eidam, Frederik, 2018. "Gap-filling government debt maturity choice," ZEW Discussion Papers 18-025, ZEW - Leibniz Centre for European Economic Research.
• Ryan, John & Loughlin, John, 2018. "Lessons from historical monetary unions - is the European monetary union making the same mistakes?," LSE Research Online Documents on Economics 87955, London School of Economics and Political Science, LSE Library.
• Ferrero, Andrea & Harrison, Richard & Nelson, Ben, 2018. "Concerted efforts? Monetary policy and macro-prudential tools," Bank of England working papers 727, Bank of England.
• Gόrnicka, Lucyna & Kamps, Christophe & Koester, Gerrit & Leiner-Killinger, Nadine, 2018. "Learning about fiscal multipliers during the European sovereign debt crisis: evidence from a quasi-natural experiment," Working Paper Series 2154, European Central Bank.
• Item repec:spo:wpmain:info:hdl:2441/59bp0vqv2b8k7a185vg2hert9v is not listed on IDEAS anymore

• Nishi, Hiroshi, 2018. "A Dynamic Analysis of Demand and Productivity Growth in a Two-sector Kaleckian Model," MPRA Paper 86778, University Library of Munich, Germany.
• Anat Bracha & Mary A. Burke, 2017. "Wage inflation and informal work," Current Policy Perspectives 18-2, Federal Reserve Bank of Boston.
• Neyer, Ulrike, 2018. "Die Unabhängigkeit der Europäischen Zentralbank," DICE Ordnungspolitische Perspektiven 97, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE), revised 2018.
• Panizza, Ugo & Huang, Yi & Varghese, Richard, 2018. "Does Public Debt Crowd Out Corporate Investment? International Evidence," CEPR Discussion Papers 12931, C.E.P.R. Discussion Papers.
• Melchisedek Joslem Ngambou Djatche, 2018. "Re-Exploring the Nexus between Monetary Policy and Banks' Risk-Taking," GREDEG Working Papers 2018-12, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
• Lucrezia Fanti, 2018. "An AB-SFC Model of Induced Technical Change along Classical and Keynesian Lines," Working Papers 3/18, Sapienza University of Rome, DISS.
• Fanti, Lucrezia, 2018. "An AB-SFC Model of Induced Technical Change along Classical and Keynesian Lines," MPRA Paper 86929, University Library of Munich, Germany.
• G. Angelini & L. Fanelli, 2018. "Identification and estimation issues in Structural Vector Autoregressions with external instruments," Working Papers wp1122, Dipartimento Scienze Economiche, Universita' di Bologna.
• International Monetary Fund, 2018. "Tunisia; 2017 Article IV Consultation and Second Review Under the Extended Fund Facility, and Request for Waivers of Nonobservance of Performance Criteria, and Rephasing of Access," IMF Staff Country Reports 18/120, International Monetary Fund.
• Reuben Ellul, 2018. "Forecasting unemployment rates in Malta: A labour market flows approach," CBM Working Papers WP/03/2018, Central Bank of Malta.
• Christiane Baumeister & James D. Hamilton, 2018. "Inference in Structural Vector Autoregressions when the Identifying Assumptions are not Fully Believed: Re-evaluating the Role of Monetary Policy in Economic Fluctuations," CESifo Working Paper Series 7048, CESifo.
• Bouhdaoui, Yassine, 2018. "Séries de pièces et billets socialement optimales: les coûts de production comptent-ils réellement ?," Document de travail 2018-3, Bank Al-Maghrib, Département de la Recherche.
• Kerwin Kofi Charles & Erik Hurst & Mariel Schwartz, 2018. "The Transformation of Manufacturing and the Decline in U.S. Employment," Working Papers 2018-028, Human Capital and Economic Opportunity Working Group.
• Anyadike-Danes, Michael & Bjuggren, Carl Magnus & Dumont, Michel & Gottschalk, Sandra & Hölzl, Werner & Johansson, Dan & Maliranta, Mika & Myrann, Anja & Nielsen, Kristian & Zheng, Guanyu, 2018. "An international comparison of the contribution to job creation by high growth firms," Working Papers 2018:7, Örebro University, School of Business.
• J. E. Boscá & R. Doménech & J. Ferri & R. Méndez & J. F. Rubio-Ramírez, 2018. "Financial and Fiscal Shocks in the Great Recession and Recovery of the Spanish Economy," Working Papers 2018-05, FEDEA.
• Baqaee, David Rezza, 2018. "Asymmetric Inflation Expectations, Downward Rigidity of Wages, and Asymmetric Business Cycles," CEPR Discussion Papers 12906, C.E.P.R. Discussion Papers.
• Tiago Neves Sequeira & Pedro Mazeda Gil & Óscar Afonso, 2018. "Endogenous Growth and Entropy," CEF.UP Working Papers 1804, Universidade do Porto, Faculdade de Economia do Porto.
• Lorenzo Pandolfi, 2018. "Bail-in vs. Bailout: a False Dilemma?," CSEF Working Papers 499, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
• Georges Prat & Remzi Uctum, 2018. "Term structure of interest rates: modelling the risk premium using a two horizons framework," EconomiX Working Papers 2018-25, University of Paris Nanterre, EconomiX.
• Sona Benecka & Ludmila Fadejeva & Martin Feldkircher, 2018. "Spillovers from Euro Area Monetary Policy: A Focus on Emerging Europe," Working Papers 2018/2, Czech National Bank.
• Svatopluk Kapounek & Zuzana Kucerova, 2018. "Historical Decoupling in the EU: Evidence from Time-Frequency Analysis," MENDELU Working Papers in Business and Economics 2018-75, Mendel University in Brno, Faculty of Business and Economics.
• Matteo Iacoviello & Gaston Navarro, 2018. "Foreign Effects of Higher U.S. Interest Rates," International Finance Discussion Papers 1227, Board of Governors of the Federal Reserve System (U.S.).
• Sergi Lanau & Adrian Robles & Frederik G Toscani, 2018. "Explaining Inflation in Colombia: A Disaggregated Phillips Curve Approach," IMF Working Papers 18/106, International Monetary Fund.
• Christophe Blot & Jérôme Creel & Paul Hubert & Fabien Labondance & Xavier Ragot, 2017. "Financial stability and the ECB," SciencePo Working papers Main hal-03457571, HAL.
• Jasmien De Winne & Gert Peersman, 2018. "Agricultural Price Shocks and Business Cycles - A Global Warning for Advanced Economies," CESifo Working Paper Series 7037, CESifo.
• Item repec:spo:wpmain:info:hdl:2441/1a9acst1l284eo8kvqrqrnlbl1 is not listed on IDEAS anymore

• Itamar Drechsler & Alexi Savov & Philipp Schnabl, 2018. "Banking on Deposits: Maturity Transformation without Interest Rate Risk," NBER Working Papers 24582, National Bureau of Economic Research, Inc.
• Ono, Tetsuo & Uchida, Yuki, 2018. "Capital Income Taxation, Economic Growth, and the Politics of Public Education," MPRA Paper 86523, University Library of Munich, Germany.
• Keiichiro Kobayashi & Daichi Shirai, 2018. "Debt-Ridden Borrowers and Economic Slowdown," CIGS Working Paper Series 18-003E, The Canon Institute for Global Studies.
• Mario González & Raúl Tadle, 2018. "Monetary Policy Effects on the Chilean Stock Market: An Automated Content Approach," Working Papers Central Bank of Chile 817, Central Bank of Chile.
• Michael McLeay & Silvana Tenreyro, 2018. "Optimal Inflation and the Identification of the Phillips Curve," Discussion Papers 1815, Centre for Macroeconomics (CFM).
• Item repec:spo:wpmain:info:hdl:2441/1cpd872l2j8lb968d53pu5f30q is not listed on IDEAS anymore

• Nan Li & Vance Martin, 2018. "Real Sectoral Spillovers: A Dynamic Factor Analysis of the Great Recession," IMF Working Papers 18/100, International Monetary Fund.
• David Mesa-Ruiz & Yolanda Rebollo-Sanz & Jesús Rodríguez-López, 2018. "Hidden figures behind two-vehicle crashes: An assessment of the risk and external costs of drunk driving in Spain," Working Papers 18.07, Universidad Pablo de Olavide, Department of Economics.
• Takuji Fueki & Hiroka Higashi & Naoto Higashio & Jouchi Nakajima & Shinsuke Ohyama & Yoichiro Tamanyu, 2018. "Identifying oil price shocks and their consequences: the role of expectations in the crude oil market," BIS Working Papers 725, Bank for International Settlements.
• Alexey Vasilenko, 2018. "Systemic Risk and Financial Fragility in the Chinese Economy: A Dynamic Factor Model Approach," Bank of Russia Working Paper Series wps30, Bank of Russia.
• Leonard I. Nakamura & Jon Samuels & Rachel Soloveichik, 2018. "“Free” Internet Content: Web 1.0, Web 2.0, and the Sources of Economic Growth," Working Papers 18-17, Federal Reserve Bank of Philadelphia.
• Patrick Blagrave & Giang Ho & Ksenia Koloskova & Esteban Vesperoni, 2018. "Cross-Border Transmission of Fiscal Shocks: The Role of Monetary Conditions," IMF Working Papers 18/103, International Monetary Fund.
• Stephanie E. Curcuru & Michiel De Pooter & George Eckerd, 2018. "Measuring Monetary Policy Spillovers between U.S. and German Bond Yields," International Finance Discussion Papers 1226, Board of Governors of the Federal Reserve System (U.S.).
• Thomas Kemeny & Taner Osman, 2018. "The Wider Impacts of High-Technology Employment: Evidence from U.S. Cities," Working Papers 89, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
• Lewis, John & Swannell, Matt, 2018. "The macroeconomic determinants of migration," Bank of England working papers 729, Bank of England.
• International Monetary Fund, 2018. "Montenegro; 2018 Article IV Consultation-Press Release and Staff Report," IMF Staff Country Reports 18/121, International Monetary Fund.
• Maria Elkhdari & Moez Souissi & Andrew Jewell, 2018. "Empirical Estimation of Fiscal Multipliers in MENA Oil-Exporting Countries with an Application to Algeria," IMF Working Papers 18/124, International Monetary Fund.
• Claudio Campanale & Marcello Sartarelli, 2018. "Life-cycle Wealth Accumulation and Consumption Insurance," Working papers 055, Department of Economics, Social Studies, Applied Mathematics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino.
• Thomas S. Gundersen, 2018. "The Impact of U.S. Supply Shocks on the Global Oil Price," Working Papers No 7/2018, Centre for Applied Macro- and Petroleum economics (CAMP), BI Norwegian Business School.
• Eran B. Hoffmann & Davide Malacrino, 2018. "Employment Time and the Cyclicality of Earnings Growth," IMF Working Papers 18/115, International Monetary Fund.
• Lin, Xiaoji & Wang, Chong & Wang, Neng & Yang, Jinqiang, 2016. "Investment, Tobin's q, and Interest Rates," Working Paper Series 2016-20, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
• Jeremy Edwards & Sheilagh Ogilvie, 2018. "Did the Black Death Cause Economic Development by "Inventing" Fertility Restriction?," CESifo Working Paper Series 7016, CESifo.
• Susana Santos & Tanya Araújo, 2018. "The network of inter-industry flows in a SAM framework," Working Papers REM 2018/40, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
• Beatrice D. Scheubel & Andrea Tafuro & Benjamin Vonessen, 2018. "STIGMA? WHAT STIGMA? A Contribution to the Debate on the Effectiveness of IMF Lending," CESifo Working Paper Series 7036, CESifo.
• Jason Furman & Peter Orszag, 2018. "Slower Productivity and Higher Inequality: Are They Related?," Working Paper Series WP18-4, Peterson Institute for International Economics.
• Anthony Edo & Lionel Ragot & Hillel Rapoport & Sulin Sardoschau & Andreas Steinmayr, 2018. "The Effects of Immigration in Developed Countries: Insights from Recent Economic Research," CEPII Policy Brief 2018-22, CEPII research center.
• Christian Senga & Danny Cassimon, 2018. "Spillovers in Sub-Saharan Africa’s sovereign Eurobond yields," BeFinD Working Papers 0124, University of Namur, Department of Economics.
• Alexandra Bykova & Mahdi Ghodsi & Julia Grübler & Doris Hanzl-Weiss & Mario Holzner & Gabor Hunya & Robert Stehrer, 2018. "Economic Policy Implications of the Belt and Road Initiative for CESEE and Austria," wiiw Policy Notes 23, The Vienna Institute for International Economic Studies, wiiw.
• Joshua C.C. Chan & Liana Jacobi & Dan Zhu, 2018. "How sensitive are VAR forecasts to prior hyperparameters? An automated sensitivity analysis," CAMA Working Papers 2018-25, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Isabelle Sin & Kabir Dasgupta & Gail Pacheco, 2018. "Parenthood and labour market outcomes," Working Papers 18_08, Motu Economic and Public Policy Research.
• Wukuang Cun & M. Hashem Pesaran, 2018. "Land Use Regulations, Migration and Rising House Price Dispersion in the U.S," CESifo Working Paper Series 7007, CESifo.
• Zineddine Alla, 2017. "Optimal policies in international macroeconomics [Politiques optimales en macroéconomie internationale]," SciencePo Working papers Main tel-03436551, HAL.
• Fingleton, Bernard, 2018. "Exploring Brexit with dynamic spatial panel models : some possible outcomes for employment across the EU regions," MPRA Paper 86553, University Library of Munich, Germany.
• Gregor Semieniuk, 2018. "Energy in Economic Growth: Is Faster Growth Greener?," Working Papers 208, Department of Economics, SOAS University of London, UK.
• Basil Guggenheim & Mario Meichle & Thomas Nellen, 2018. "Confederation debt management since 1970," Working Papers 2018-07, Swiss National Bank.