Report NEP-MAC-2019-03-25

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:

• Nikki Kergozou & David Turner, 2019. "Using probit models of downturn risk to calibrate GDP Fan charts for New Zealand," OECD Economics Department Working Papers 1543, OECD Publishing.
• Pablo A. Cuba-Borda & Sanjay R. Singh, 2019. "Understanding Persistent Stagnation," International Finance Discussion Papers 1243, Board of Governors of the Federal Reserve System (U.S.).
• De Koning, Kees, 2019. "After the Great Recession; the Laws of Unintended Consequences," MPRA Paper 92839, University Library of Munich, Germany.
• M. Ayhan Kose & Hideaki Matsuoka & Ugo Panizza & Dana Vorisek, 2019. "Inflation Expectations: Review and Evidence," Koç University-TUSIAD Economic Research Forum Working Papers 1904, Koc University-TUSIAD Economic Research Forum.
• Florian, David & Francis, Johanna, 2019. "Lending frictions and nominal rigidities: Implications for credit reallocation and TFP," Working Papers 2019-002, Banco Central de Reserva del Perú.
• Tamas Csabafi & Max Gillman & Ruthira Naraidoo, 2018. "International Business Cycle and Financial Intermediation," Working Papers 1015, University of Missouri-St. Louis, Department of Economics.
• Andreas Hanl & Jochen Michaelis, 2019. "Digitales Zentralbankgeld als neues Instrument der Geldpolitik," MAGKS Papers on Economics 201909, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
• Chattopadhyay, Siddhartha, 2019. "The Neo-Fisherianism to Escape Zero Lower Bound," MPRA Paper 92669, University Library of Munich, Germany.
• Stefania Albanesi, 2019. "Changing Business Cycles: The Role of Women's Employment," NBER Working Papers 25655, National Bureau of Economic Research, Inc.
• Max Gillman, 2018. "The Welfare Cost of Ináation with Banking Time," Working Papers 1014, University of Missouri-St. Louis, Department of Economics.
• Atsushi Inoue & Barbara Rossi, 2018. "A new approach to measuring economic policy shocks, with an application to conventional and unconventional monetary policy," Economics Working Papers 1638, Department of Economics and Business, Universitat Pompeu Fabra, revised Apr 2021.
• Goodness C. Aye, 2019. "Short and Long Run Asymmetric Effects of Monetary and Fiscal Policy Uncertainty on Economic Activity in the U.S," Working Papers 201923, University of Pretoria, Department of Economics.
• Barbara Rossi, 2018. "Identifying and estimating the effects of unconventional monetary policy in the data: How to do It and what have we learned?," Economics Working Papers 1641, Department of Economics and Business, Universitat Pompeu Fabra, revised Jul 2020.
• Tristani, Oreste & De Fiore, Fiorella, 2019. "(Un)conventional Policy and the Effective Lower Bound," CEPR Discussion Papers 13585, C.E.P.R. Discussion Papers.
• Paul Hubert, 2019. "State-Dependent Effects of Monetary Policy: The Central Bank Information Channel," SciencePo Working papers Main hal-03403254, HAL.
• Marshall Reinsdorf & Paul Schreyer, 2019. "Measuring consumer inflation in a digital economy," OECD Statistics Working Papers 2019/01, OECD Publishing.
• Timo Henckel & Gordon D. Menzies & Peter Moffat & Daniel J. Zizzo, 2019. "Three Dimensions of Central Bank Credibility and Inferential Expectations: The Euro Zone," Working Paper Series 56, Economics Discipline Group, UTS Business School, University of Technology, Sydney.
• Claudio Sardoni, 2019. "Investment and savings in a dynamic context," Working Papers 1/19, Sapienza University of Rome, DISS.
• Shirai, Sayuri, 2019. "Money and Central Bank Digital Currency," ADBI Working Papers 922, Asian Development Bank Institute.
• Zheng Liu & Pengfei Wang & Tao Zha, 2019. "A Theory of Housing Demand Shocks," NBER Working Papers 25667, National Bureau of Economic Research, Inc.
• Andrea Colciago & Volker Lindenthal & Antonella Trigari, 2019. "Who Creates and Destroys Jobs over the Business Cycle?," DNB Working Papers 628, Netherlands Central Bank, Research Department.
• Asier Aguilera-Bravo & Miguel Casares Polo, 2019. "On Staggered Prices and Optimal Inflation," Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra 1902, Departamento de Economía - Universidad Pública de Navarra.
• Bronson Argyle & Taylor D. Nadauld & Christopher Palmer, 2019. "Monthly Payment Targeting and the Demand for Maturity," NBER Working Papers 25668, National Bureau of Economic Research, Inc.
• Satyajit Chatterjee & Burcu Eyigungor, 2019. "The Firm Size and Leverage Relationship and Its Implications for Entry and Concentration in a Low Interest Rate World," Working Papers 19-18, Federal Reserve Bank of Philadelphia.
• Eric M. Leeper & Campbell B. Leith & Ding Liu, 2019. "Optimal Time-Consistent Monetary, Fiscal and Debt Maturity Policy," NBER Working Papers 25658, National Bureau of Economic Research, Inc.
• Bolboaca, Maria, 2019. "The Impact of Technological Change," Economics Working Paper Series 1902, University of St. Gallen, School of Economics and Political Science.
• J. Scott Holladay & Mohammed Mohsin & Shreekar Pradhan, 2019. "Environmental Policy Instrument Choice and International Trade," Working Papers 2019-01, University of Tennessee, Department of Economics.
• Fève, Patrick & Moura, Alban & Pierrard, Olivier, 2019. "Shadow Banking and the Great Recession: Evidence from an Estimated DSGE Model," TSE Working Papers 19-996, Toulouse School of Economics (TSE).
• Engelbert Stockhammer & Giorgos Gouzoulis & Rob Calvert Jump, 2019. "Debt-driven business cycles in historical perspective: The cases of the USA (1889-2015) and UK (1882-2010)," Working Papers PKWP1907, Post Keynesian Economics Society (PKES).
• Goodness C. Aye, 2019. "Fiscal Policy Uncertainty and Economic Activity in South Africa: An Asymmetric Analysis," Working Papers 201922, University of Pretoria, Department of Economics.
• Sónia Félix & Chiara Maggi, 2019. "What is the Impact of Increased Business Competition?," Working Papers w201904, Banco de Portugal, Economics and Research Department.
• Raju Huidrom & M. Ayhan Kose & Jamus J. Lim & Franziska L. Ohnsorge, 2019. "Why Do Fiscal Multipliers Depend on Fiscal Positions?," Koç University-TUSIAD Economic Research Forum Working Papers 1905, Koc University-TUSIAD Economic Research Forum.
• Simona E. Cociuba, 2018. "The Collapse and Recovery of the Capital Share in East Germany After 1989," University of Western Ontario, Departmental Research Report Series 20185, University of Western Ontario, Department of Economics.
• David Turner & Thomas Chalaux, 2019. "Calibrating GDP fan charts using probit models with a comparison to the approaches of the Bank of England and Riksbank," OECD Economics Department Working Papers 1542, OECD Publishing.
• Itamar Drechsler & Alexi Savov & Philipp Schnabl, 2019. "How Monetary Policy Shaped the Housing Boom," NBER Working Papers 25649, National Bureau of Economic Research, Inc.
• Galarza, Francisco & Requejo, Fernando, 2019. "Reducing Informality Using Two-Sided Incentives: Theory and Experiment," Working Papers 2019-003, Banco Central de Reserva del Perú.
• Diewert, Erwin & Fox, Kevin J. & Schreyer, Paul, 2019. "Experimental Economics and the New Commodities Problem," Microeconomics.ca working papers erwin_diewert-2019-4, Vancouver School of Economics, revised 13 Mar 2019.
• Ntita Ntita, Jean & Kazadi Ntita, François & Ntanga Ntita, Jean de Dieu, 2017. "Determinants De L'Inflation Dans Les Pays De La Communaute Economique Et Monetaire De L'Afrique Centrale, (Cemac) [Determinants Of Inflation In Central African Economic And Monetary Community (Caem," MPRA Paper 92902, University Library of Munich, Germany, revised Mar 2019.
• Item repec:spo:wpmain:info:hdl:2441/666pgupb1p905befsuijtv7nqq is not listed on IDEAS anymore

• Szilard Benk & Max Gillman, 2019. "Granger Predictability of Oil prices after the Great Recession," Working Papers 1016, University of Missouri-St. Louis, Department of Economics.
• Quan-Hoang Vuong, 2019. "The Vietnamese financial economy: reforms and development, 1986-2016," Policy Papers CEB 19-001, ULB -- Universite Libre de Bruxelles.
• Sen Gupta, Abhijit & Iyer, Tara, 2019. "Quarterly Forecasting Model for India’s Economic Growth: Bayesian Vector Autoregression Approach," ADB Economics Working Paper Series 573, Asian Development Bank.
• Michael Callaghan, 2019. "Expectations and the term premium in New Zealand long-term interest rates," Reserve Bank of New Zealand Analytical Notes series AN2019/02, Reserve Bank of New Zealand.
• Brochier, Lidia & Macedo e Silva, Antonio Carlos, 2017. "The Macroeconomic Implications of Consumption: State-of-Art and Prospects for the Heterodox Future Research," MPRA Paper 92672, University Library of Munich, Germany.
• Bullard, James & Singh, Aarti, 2018. "Nominal GDP Targeting with Heterogenous Labor Supply," Working Papers 2018-13, University of Sydney, School of Economics.
• Paola Rocchi & Simone Salotti & Frederic Reynes & Jinxue Hu & Tatyana Bulavskaya & Jose Manuel Rueda-Cantuche & Juan Manuel Valderas Jaramillo & Agustin Velazquez Afonso & Antonio De Amores & Teodora , 2019. "FIDELIO 3 manual: Equations and data sources," JRC Research Reports JRC115308, Joint Research Centre.
• David Laidler, 2018. "Why the Fuss? - Friedman (1968) After Fifty Years," University of Western Ontario, Departmental Research Report Series 20184, University of Western Ontario, Department of Economics.
• Diewert, Erwin, 2019. "Measuring the Services of Durables and Owner Occupied Housing," Microeconomics.ca working papers erwin_diewert-2019-5, Vancouver School of Economics, revised 21 Mar 2019.
• Guerriero, Marta, 2019. "The Labor Share of Income around the World: Evidence from a Panel Dataset," ADBI Working Papers 920, Asian Development Bank Institute.
• António Rua, 2019. "Modelling the Demand for Euro Banknotes," Working Papers w201905, Banco de Portugal, Economics and Research Department.
• Jens H. E. Christensen & Eric Fischer & Patrick Shultz, 2019. "Bond Flows and Liquidity: Do Foreigners Matter?," Working Paper Series 2019-08, Federal Reserve Bank of San Francisco.
• Johannes Boehm & Ezra Oberfield, 2020. "Misallocation in the Market for Inputs: Enforcement and the Organization of Production," SciencePo Working papers hal-03391855, HAL.
• Aipoh, Godwin, 2019. "Comparative analysis of government spending, external debt, domestic credit to private sector, exchange rate and net investment to non-financial companies," MPRA Paper 92874, University Library of Munich, Germany.
• Gerhard Sorger, 2019. "Endogenous credit constraints: the role of informational non-uniqueness," Vienna Economics Papers 1903, University of Vienna, Department of Economics.
• Kazuya Kamiya, 2019. "On the Real Determinacy and Indeterminacy of Stationary Equilibria in Monetary Models," Discussion Paper Series DP2019-03, Research Institute for Economics & Business Administration, Kobe University, revised Mar 2021.
• World Bank Group, 2018. "Somalia Economic Update, August 2018," World Bank Publications - Reports 30417, The World Bank Group.
• Ntanga Ntita, Jean de Dieu & Kazadi Ntita, François & Ntita Ntita, Jean, 2019. "Investissements Directs Étrangers Et Croissance Économique En République Démocratique Du Congo (Rdc) [Foreign Direct Investment And Economic Growth In Democratic Republic Of Congo (Drc)]," MPRA Paper 92910, University Library of Munich, Germany.
• Diewert, Erwin & Feenstra, Robert, 2019. "Estimating the Benefits of New Products: Some Approximations," Microeconomics.ca working papers erwin_diewert-2019-3, Vancouver School of Economics, revised 13 Mar 2019.
• Karsten Kohler, 2019. "Exchange rate dynamics, balance sheet effects, and capital flows. A Minskyan model of emerging market boom-bust cycles," Working Papers PKWP1906, Post Keynesian Economics Society (PKES).
• Doorley, Karina & Nolan, Anne, 2019. "The Determinants of Retirement Planning within Couples in Ireland," IZA Discussion Papers 12188, Institute of Labor Economics (IZA).
• Margherita Borella & Mariacristina De Nardi & Fang Yang, 2019. "The Lost Ones: the Opportunities and Outcomes of Non-College Educated Americans Born in the 1960s," NBER Working Papers 25661, National Bureau of Economic Research, Inc.
• Raphaël Jachnik & Mariana Mirabile & Alexander Dobrinevski, 2019. "Tracking finance flows towards assessing their consistency with climate objectives," OECD Environment Working Papers 146, OECD Publishing.
• Nolan, Anne & Doorley, Karina, 2019. "Financial Literacy and Preparation for Retirement," IZA Discussion Papers 12187, Institute of Labor Economics (IZA).
• A. Mantovi, 2019. "Information insensitivity, collateral flows and the logic of financial stability," Economics Department Working Papers 2019-EP01, Department of Economics, Parma University (Italy).
• Kubota, So & 久保田, 荘, 2019. "Market Structure and Indeterminacy of Stationary Equilibria in a Decentralized Monetary Economy," Discussion paper series HIAS-E-84, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.
• Paolo Giordani & Simon H. Kwan, 2019. "Tracking Financial Fragility," Working Paper Series 2019-6, Federal Reserve Bank of San Francisco.
• Martin Christensen & Andrea Conte & Simone Salotti, 2019. "Horizon Europe: The RHOMOLO ex-ante assessment," JRC Research Reports JRC115437, Joint Research Centre.
• Kartik B. Athreya & Felicia Ionescu & Urvi Neelakantan & Ivan Vidangos, 2019. "Who Values Access to College?," Finance and Economics Discussion Series 2019-015, Board of Governors of the Federal Reserve System (U.S.).
• Esther Mirjam Girsberger & Matthias Krapf & Miriam Rinawi, 2019. "Wages and employment: The role of occupational skills," Working Paper Series 55, Economics Discipline Group, UTS Business School, University of Technology, Sydney.
• Victoria S, Kenny, 2019. "Effect of Foreign Direct Investment and Economic Growth in Nigeria," MPRA Paper 92873, University Library of Munich, Germany.
• Rosenkranz, Peter & Lee, Junkyu, 2019. "Nonperforming Loans in Asia: Determinants and Macrofinancial Linkages," ADB Economics Working Paper Series 574, Asian Development Bank.
• Stefania Albanesi, 2019. "Changing Business Cycles: The Role of Women's Employment," Working Paper 6608, Department of Economics, University of Pittsburgh.
• Sergio Pinto & Carol Graham, 2019. "Men without work: Why are they so unhappy in the US compared to other places?," Working Papers 2019-016, Human Capital and Economic Opportunity Working Group.
• World Bank Group, 2018. "Myanmar Economic Monitor, December 2018," World Bank Publications - Reports 31031, The World Bank Group.
• Òscar Jordà & Moritz Schularick & Alan M. Taylor, 2019. "The Total Risk Premium Puzzle," NBER Working Papers 25653, National Bureau of Economic Research, Inc.
• Alexis Jeamet, 2019. "Une analyse de la nature de l’investissement immatériel par le rapport capital / travail," CEPN Working Papers 2019-04, Centre d'Economie de l'Université de Paris Nord.
• Trent Saunders & Peter Tulip, 2019. "A Model of the Australian Housing Market," RBA Research Discussion Papers rdp2019-01, Reserve Bank of Australia.
• J. Ignacio Conde-Ruiz & Manu García, 2019. "Retos Laborales pendientes tras la Gran Recesión," Studies on the Spanish Economy eee2019-06, FEDEA.
• Erdal Özmen & Fatma Taşdemir, 2019. "Globalisation And Governance: Thresholds For The Impacts Of The Main Determinants Of Capital Inflows?," ERC Working Papers 1902, ERC - Economic Research Center, Middle East Technical University, revised Mar 2019.