Report NEP-MAC-2019-02-04

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:

• Pedro Teles & Fiorella de Fiore, 2018. "Credit Subsidies," Working Papers w201827, Banco de Portugal, Economics and Research Department.
• Francesco D’Acunto & Daniel Hoang & Maritta Paloviita & Michael Weber, 2019. "IQ, Expectations, and Choice," NBER Working Papers 25496, National Bureau of Economic Research, Inc.
• Voinea, Liviu, 2019. "The Post-Crisis Phillips Curve: A New Empirical Relationship between Wage and Inflation," GLO Discussion Paper Series 303, Global Labor Organization (GLO).
• Congressional Budget Office, 2018. "An Update to the Economic Outlook: 2018 to 2028," Reports 54318, Congressional Budget Office.
• Aghion, Philippe & Farhi, Emmanuel & Kharroubi, Enisse, 2018. "Monetary policy, product market competition and growth," LSE Research Online Documents on Economics 91713, London School of Economics and Political Science, LSE Library.
• Joana Sousa Leite & António Afonso, 2019. "The transmission of unconventional monetary policy to bank credit supply: evidence from the TLTRO," Working Papers w201901, Banco de Portugal, Economics and Research Department.
• Congressional Budget Office, 2018. "The Long-Term Budget Outlook Under Alternative Scenarios for Fiscal Policy," Reports 54325, Congressional Budget Office.
• Jordi Galí & Luca Gambetti, 2019. "Has the U.S. Wage Phillips Curve Flattened? A Semi-Structural Exploration," NBER Working Papers 25476, National Bureau of Economic Research, Inc.
• Klaus Adam & Henning Weber, 2018. "Optimal Trend Inflation," CRC TR 224 Discussion Paper Series crctr224_2018_010, University of Bonn and University of Mannheim, Germany.
• Congressional Budget Office, 2018. "The 2018 Long-Term Budget Outlook," Reports 53919, Congressional Budget Office.
• Leena Rudanko, 2019. "Firm Wages in a Frictional Labor Market," Working Papers 19-5, Federal Reserve Bank of Philadelphia.
• Carbajal-De-Nova, Carolina, 2018. "Money Neutrality: An Empirical Assessment for Mexico," MPRA Paper 91615, University Library of Munich, Germany, revised 10 Oct 2018.
• Semih Emre Cekin & Besma Hkiri & Aviral Kumar Tiwari & Rangan Gupta, 2019. "The Relationship between Monetary Policy and Uncertainty in Advanced Economies: Evidence from Time- and Frequency-Domains," Working Papers 201904, University of Pretoria, Department of Economics.
• Nkoba, Malik Abdulrahman & Masih, Mansur, 2018. "Revisiting the Phillips curve trade-off: evidence from Tanzania using nonlinear ARDL approach," MPRA Paper 91631, University Library of Munich, Germany.
• Aleksandar Vasilev, 2019. "Are Labor Unions Important for Business Cycle Fluctuations: Lessons from Bulgaria (1999-2016)," Bulgarian Economic Papers bep-2019-02, Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski - Bulgaria // Center for Economic Theories and Policies at Sofia University St Kliment Ohridski, revised Jan 2019.
• Martin Hodula, 2018. "Off the Radar: Exploring the Rise of Shadow Banking in the EU," Working Papers 2018/16, Czech National Bank.
• Ronald Miranda & Leonel Muinelo-Gallo, 2018. "The behavior of social transfers over the business cycle: empirical evidence of Uruguay," Documentos de Trabajo (working papers) 18-15, Instituto de Economía - IECON.
• Ricardo Cabral & Francisco Louçã, 2019. "The euro at twenty: Follies of youth?," Working Papers Department of Economics 2019/02, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
• Alok Johri & Shahed K. Khan & Cesar Sosa-Padilla, 2018. "Interest Rate Uncertainty and Sovereign Default Risk," Department of Economics Working Papers 2018-17, McMaster University.
• Giovanni Dosi & Marcelo Pereira & Andrea Roventini & Maria Enrica Virgillito, 2017. "The effects of labour market reforms upon unemployment and income inequlities : an agent based model," Sciences Po publications info:hdl:2441/3kbkotqp1b8, Sciences Po.
• Leo Michelis & Ugochi T. Emenogu, 2019. "Financial Frictions, Durable Goods and Monetary Policy," Working Papers 075, Toronto Metropolitan University, Department of Economics.
• Hiroshi Nishi & Engelbert Stockhammer, 2019. "Demand and distribution regimes, output hysteresis, and cyclical dynamics in a Kaleckian model," Working Papers PKWP1902, Post Keynesian Economics Society (PKES).
• Böhm, Volker, 2018. "The Dynamics of Balanced Expansion in Monetary Economies with Sovereign Debt," Center for Mathematical Economics Working Papers 602, Center for Mathematical Economics, Bielefeld University.
• Simon Jäger & Benjamin Schoefer & Josef Zweimüller, 2019. "Marginal Jobs and Job Surplus: A Test of the Efficiency of Separations," NBER Working Papers 25492, National Bureau of Economic Research, Inc.
• Roman N. Bozhya-Volya & Alina S. Rybak, 2019. "Why Should Money Lose Value With Time: Boosting Economy In The Era Of E-Money," HSE Working papers WP BRP 207/EC/2019, National Research University Higher School of Economics.
• Michael D. Bordo & Andrew T. Levin, 2019. "Digital Cash: Principles & Practical Steps," NBER Working Papers 25455, National Bureau of Economic Research, Inc.
• Winfried Koeniger & Marc-Antoine Ramelet, 2018. "Home Ownership and Monetary Policy Transmission," SOEPpapers on Multidisciplinary Panel Data Research 1007, DIW Berlin, The German Socio-Economic Panel (SOEP).
• Giannone, Domenico & Lenza, Michele & Reichlin, Lucrezia, 2019. "Money, credit, monetary policy and the business cycle in the euro area: what has changed since the crisis?," Working Paper Series 2226, European Central Bank.
• Affendi, Diyana Najwa & Masih, Mansur, 2018. "Is inflation targeting compatible with economic growth ? Korean experience based on ARDL and NARDL," MPRA Paper 91519, University Library of Munich, Germany.
• MAO TAKONGMO, Charles Olivier, 2019. "Keynesian Models, Detrending, and the Method of Moments," MPRA Paper 91709, University Library of Munich, Germany.
• J.Tomas Hexner & Arthur MacEwan, 2018. "The “New Fiscal Plan for Puerto Rico” (April 19, 2018): An Unrealistic and Misleading Path to Nowhere," Development Discussion Papers 2018-09, JDI Executive Programs.
• Chi Hyun Kim & Lars Other, 2019. "The Short-Run Effect of Monetary Policy Shocks on Credit Risk: An Analysis of the Euro Area," Discussion Papers of DIW Berlin 1781, DIW Berlin, German Institute for Economic Research.
• Silvia Gabrieli & Claire Labonne, 2018. "Bad Sovereign or Bad Balance Sheets? Euro Interbank Market Fragmentation and Monetary Policy, 2011-2015," Supervisory Research and Analysis Working Papers RPA 18-3, Federal Reserve Bank of Boston.
• Alexander Chudik & M. Hashem Pesaran & Kamiar Mohaddes, 2019. "Identifying global and national output and fiscal policy shocks using a GVAR," CAMA Working Papers 2019-06, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Alexander Chudik & M. Hashem Pesaran & Kamiar Mohaddes, 2019. "Identifying Global and National Output and Fiscal Policy Shocks Using a GVAR," CESifo Working Paper Series 7454, CESifo.
• Olkhov, Victor, 2019. "Econophysics of Asset Price, Return and Multiple Expectations," MPRA Paper 91587, University Library of Munich, Germany.
• Aqsha, Nur Suhairah & Masih, Mansur, 2018. "Is residential property the ultimate hedge against inflation ? new evidence from Malaysia based on ARDL and nonlinear ARDL," MPRA Paper 91508, University Library of Munich, Germany.
• Gary Gorton & Toomas Laarits & Tyler Muir, 2019. "1930: First Modern Crisis," NBER Working Papers 25452, National Bureau of Economic Research, Inc.
• Kockerols, Thore & Kok, Christoffer, 2019. "Leaning against the wind: macroprudential policy and the financial cycle," Working Paper Series 2223, European Central Bank.
• S. Boragan Aruoba & Ronel Elul & Ṣebnem Kalemli-Özcan, 2019. "How Big is the Wealth Effect? Decomposing the Response of Consumption to House Prices," Working Papers 19-6, Federal Reserve Bank of Philadelphia.
• Hasan, Amiratul Nadiah & Masih, Mansur, 2018. "Determinants of food price inflation: evidence from Malaysia based on linear and nonlinear ARDL," MPRA Paper 91517, University Library of Munich, Germany.
• Ekaterina S. Jardim & Gary Solon & Jacob L. Vigdor, 2019. "How Prevalent Is Downward Rigidity in Nominal Wages? Evidence from Payroll Records in Washington State," NBER Working Papers 25470, National Bureau of Economic Research, Inc.
• Ermanno Catullo & Federico Giri & Mauro Gallegati, 2019. "Macro and Micro Prudential Policies: Sweet and Lowdown in a Credit Network Agent Based Model," Working Papers 434, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
• Congressional Budget Office, 2018. "How Changes in Economic Conditions Might Affect the Federal Budget," Reports 54052, Congressional Budget Office.
• Alok Johri & Muhebullah Karimzada, 2018. "Learning Efficiency Shocks, Knowledge Capital and the Business Cycle: A Bayesian Evaluation," Department of Economics Working Papers 2018-18, McMaster University.
• David Zeballos Coria & Juan Carlos Heredia Gómez & Paola Yujra Tonconi, 2018. "Fluctuaciones Cíclicas y Cambios de Régimen en la Economía Boliviana: Un Análisis Estructural a partir de un Modelo DSGE," Development Research Working Paper Series 07/2018, Institute for Advanced Development Studies.
• Tomas Adam & Filip Novotny, 2018. "Assessing the External Demand of the Czech Economy: Nowcasting Foreign GDP Using Bridge Equations," Working Papers 2018/18, Czech National Bank.
• Marco E. Terrones, 2019. "Do Fixers Perform Worse than Non-Fixers during Global Recessions and Recoveries?," Working Papers 139, Peruvian Economic Association.
• Terrones, Marco E., 2019. "Do Fixers Perform Worse than Non-Fixers during Global Recessions and Recoveries?," MPRA Paper 91783, University Library of Munich, Germany.
• J. Scott Davis & Andrei Zlate, 2018. "Monetary Policy Divergence and Net Capital Flows: Accounting for Endogenous Policy Responses," Supervisory Research and Analysis Working Papers RPA 18-5, Federal Reserve Bank of Boston.
• Martin Gurtler, 2018. "What Influences Private Investment? The Case of the Czech Republic," Working Papers 2018/14, Czech National Bank.
• Olivier Coibion & Yuriy Gorodnichenko & Michael Weber, 2019. "Monetary Policy Communications and their Effects on Household Inflation Expectations," NBER Working Papers 25482, National Bureau of Economic Research, Inc.
• Giovanni Dosi & Marcelo Pereira & Andrea Roventini & Maria Enrica Virgillito, 2018. "The labour-augmented K+S model : a laboratory for the analysis of institutional and policy regimes," SciencePo Working papers Main hal-03443457, HAL.
• Kaiji Chen & Tao Zha, 2018. "Macroeconomic Effects of China's Financial Policies," FRB Atlanta Working Paper 2018-12, Federal Reserve Bank of Atlanta.
• Bracke, Philippe & Tenreyro, Silvana, 2018. "History dependence in the housing market," LSE Research Online Documents on Economics 91690, London School of Economics and Political Science, LSE Library.
• Demary, Markus, 2019. "IW Financial Expert Survey: First Quarter 2019," IW-Reports 4/2019, Institut der deutschen Wirtschaft (IW) / German Economic Institute.
• Graziella Bertocchi & Marianna Brunetti & Anzelika Zaiceva, 2019. "The Financial Decisions of Immigrant and Native Households: Evidence from Italy," CEIS Research Paper 449, Tor Vergata University, CEIS, revised 12 May 2020.
• Boehm, Johannes & Oberfield, Ezra, 2018. "Misallocation in the market for inputs: enforcement and the organization of production," LSE Research Online Documents on Economics 91694, London School of Economics and Political Science, LSE Library.
• Alan J. Auerbach & Yuriy Gorodnichenko & Daniel Murphy, 2019. "Local Fiscal Multipliers and Fiscal Spillovers in the United States," NBER Working Papers 25457, National Bureau of Economic Research, Inc.
• Luísa Farinha & Marina-Eliza Spaliara, 2018. "Bank shocks and firm performance: New evidence from the sovereign debt crisis," Working Papers w201824, Banco de Portugal, Economics and Research Department.
• Park, Seonyoung & Shin, Donggyun, 2019. "Inflation and wage rigidity/flexibility in the short run," Working Paper Series 8012, Victoria University of Wellington, School of Economics and Finance.
• Zhiwu Hong & Linlin Niu & Chen Zhang, 2019. "Affine arbitrage-free yield net models with application to the euro debt crisis," Working Papers 2019-01-30, Wang Yanan Institute for Studies in Economics (WISE), Xiamen University, revised 06 Nov 2021.
• Joseph E Gagnon & Philip Turner, 2019. "Monetary and Exchange Rate Policies for Sustained Growth in Asia," National Institute of Economic and Social Research (NIESR) Discussion Papers 497, National Institute of Economic and Social Research.
• Berlingieri, Giuseppe & Calligaris, Sara & Criscuolo, Chiara, 2018. "The productivity-wage premium: does size still matter in a service economy?," LSE Research Online Documents on Economics 91678, London School of Economics and Political Science, LSE Library.
• Congressional Budget Office, 2018. "The Deficit Reductions Necessary to Meet Various Targets for Federal Debt," Reports 54181, Congressional Budget Office.
• Pietro Veronesi, 2019. "Heterogeneous Households under Uncertainty," NBER Working Papers 25448, National Bureau of Economic Research, Inc.
• Olivier Coibion & Yuriy Gorodnichenko & Michael Weber & Michael Weber, 2019. "Monetary Policy Communications and their Effects on Household Inflation Expectations," CESifo Working Paper Series 7464, CESifo.
• Congressional Budget Office, 2018. "A Review of CBO’s Estimate of the Effects of the Recovery Act on SNAP," Reports 54864, Congressional Budget Office.
• Artem Kochnev, 2019. "Dying Light: War and Trade of the Separatist-Controlled Areas of Ukraine," wiiw Working Papers 161, The Vienna Institute for International Economic Studies, wiiw.
• Bahruddin, Wan Athirah & Masih, Mansur, 2018. "Is the relation between lending interest rate and non-performing loans symmetric or asymmetric ? evidence from ARDL and NARDL," MPRA Paper 91565, University Library of Munich, Germany.
• Jens Klose, 2019. "Measuring Redenomination Risks in the Euro Area - New Evidence from Survey Data," MAGKS Papers on Economics 201903, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
• Pandey, Radhika & Sapre. Amey & Sinha, Pramod, 2019. "What do we know about changing economic activity of firms?," Working Papers 19/249, National Institute of Public Finance and Policy.
• Giorgia Callegaro & Claudia Ceci & Giorgio Ferrari, 2019. "Optimal Reduction of Public Debt under Partial Observation of the Economic Growth," Papers 1901.08356, arXiv.org, revised Jan 2019.
• Patnaik, Ila & Mittal, Shalini & Pandey, Radhika, 2019. "Examining the trade-off between price and financial stability in India," Working Papers 19/248, National Institute of Public Finance and Policy.
• Item repec:spo:wpmain:info:hdl:2441/6gjj4t61tm90aauv9v241g1u29 is not listed on IDEAS anymore

• Claude DIEBOLT & Charlotte LE CHAPELAIN, 2019. "Human Capital and Economic Growth," Working Papers of BETA 2019-02, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
• Carlos Gustavo Machicado Salas, 2018. "De Las Causas Próximas A Las Causas Profundas Del Crecimiento Económico De Bolivia Entre 1950 Y 2015," Development Research Working Paper Series 09/2018, Institute for Advanced Development Studies.
• George Pagoulatos, 2018. "Greece after the Bailouts: Assessment of a Qualified Failure," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 130, Hellenic Observatory, LSE.
• Andrés Rius & Carolina Román, 2018. "Countries in the hamster wheel?: Nurkse-Duesenberry demonstration effects and the determinants of savings," Documentos de Trabajo (working papers) 18-11, Instituto de Economía - IECON.
• Bentsen, Kristian Hedeager & Munch, Jakob R. & Schaur, Georg, 2018. "Education Spillovers within the Workplace," IZA Discussion Papers 12054, Institute of Labor Economics (IZA).
• Congressional Budget Office, 2018. "Funding for International Affairs Activities, Within and Outside Agencies’ Base Budgets," Reports 54848, Congressional Budget Office.
• Yu Chen & Matthew Doyle & Francisco Gonzalez, 2019. "Bad Jobs," Working Papers 1902, University of Waterloo, Department of Economics, revised Jan 2019.
• Emter, Lorenz & Herzberg, Valerie, 2018. "The rationale for GDP-linked bonds for the euro area," Economic Letters 10/EL/18, Central Bank of Ireland.
• Sonora, Robert, 2019. "Income Inequality, Poverty, and the Rule of Law: Latin America vs the Rest of the World1," MPRA Paper 91512, University Library of Munich, Germany.
• Götz, Martin, 2018. "Financial constraints and corporate environmental responsibility," SAFE Working Paper Series 241, Leibniz Institute for Financial Research SAFE.