Report NEP-MAC-2019-05-06

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.

Other reports in NEP-MAC

The following items were announced in this report:

• Albers, Scott, 2019. "An attitude of complexity: thirteen essays on the nature and construction of reality under the challenge of Zeno's Paradox," MPRA Paper 93632, University Library of Munich, Germany.
• Domenico Giannone & Michele Lenza & Lucrezia Reichlin, 2019. "Money, credit, monetary policy, and the business cycle in the euro area: what has changed since the crisis?," Staff Reports 885, Federal Reserve Bank of New York.
• Aðalheiður Ó. Guðlaugsdóttir & Lilja S. Kro, 2018. "The common component of the CPI - A trendy measure of Icelandic underlying inflation," Economics wp78, Department of Economics, Central bank of Iceland.
• Hegeland, Erik & Taalbi, Josef, 2019. "What determines unemployment in the long run? Band spectrum regression on ten countries," Lund Papers in Economic History 203, Lund University, Department of Economic History.
• Alexander Mihailov & Giovanni Razzu & Zhe Wang, 2019. "Heterogeneous effects of single monetary policy on unemployment rates in the largest EMU economies," Economics Discussion Papers em-dp2019-07, Department of Economics, University of Reading.
• Linde, Jesper & Trabandt, Mathias, 2019. "Resolving the Missing Deflation Puzzle," CEPR Discussion Papers 13690, C.E.P.R. Discussion Papers.
• Francisco J. Buera & Juan Pablo Nicolini, 2019. "The Monetary and Fiscal History of Argentina, 1960-2017," Staff Report 580, Federal Reserve Bank of Minneapolis.
• Youngsoo Jang & Takeki Sunakawa & Minchul Yum, 2019. "Is Household Heterogeneity Important for Business Cycles?," CRC TR 224 Discussion Paper Series crctr224_2019_085, University of Bonn and University of Mannheim, Germany.
• Funke, Michael & Tsang, Andrew, 2019. "The direction and intensity of China’s monetary policy conduct : A dynamic factor modelling approach," BOFIT Discussion Papers 8/2019, Bank of Finland, Institute for Economies in Transition.
• Razin, Assaf, 2019. "Israel’s Struggle Towards Macroeconomic Stability: Historical-Analytical Essay," CEPR Discussion Papers 13701, C.E.P.R. Discussion Papers.
• Cem Cakmakli & Hamza Demircan & Sumru Altug, 2019. "Modeling of Economic and Financial Conditions for Nowcasting and Forecasting Recessions: A Unified Approach," Koç University-TUSIAD Economic Research Forum Working Papers 1907, Koc University-TUSIAD Economic Research Forum.
• Anson, Mike & Bholat, David & Kang, Miao & Rieder, Kilian & Thomas, Ryland, 2019. "The Bank of England and central bank credit rationing during the crisis of 1847: frosted glass or raised eyebrows?," Bank of England working papers 794, Bank of England.
• Delatte, Anne-Laure & , & Imbs, Jean, 2019. "The transmission channels of unconventional monetary policy: Evidence from a change in collateral requirements in France," CEPR Discussion Papers 13693, C.E.P.R. Discussion Papers.
• Cristina Fernández & Francisco Fernández & Fedesarrollo, 2018. "La informalidad empresarial, el pago de tributos locales y el monotributo : el caso de las microempresas en Bogotá," Informes de Investigación 17254, Fedesarrollo.
• Antonio Alvarez & Alejandro Fernandez & Joaquin Garcia-Cabo & Diana Posada, 2019. "Liquidity Funding Shocks : The Role of Banks' Funding Mix," International Finance Discussion Papers 1245, Board of Governors of the Federal Reserve System (U.S.).
• Hüser, Anne-Caroline & Kok, Christoffer, 2019. "Mapping bank securities across euro area sectors: comparing funding and exposure networks," Bank of England working papers 795, Bank of England.
• Makarski, Krzysztof & Tyrowicz, Joanna & Malec, Magda, 2019. "Evaluating Welfare and Economic Effects of Raised Fertility," IZA Discussion Papers 12272, Institute of Labor Economics (IZA).
• Romain Plassard, 2019. "From Disequilibrium to Equilibrium Macroeconomics: Barro and Grossman's Trade-off between Rigor and Realism," GREDEG Working Papers 2019-17, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
• Ragnheiður Jónsdóttir, 2019. "The Central Bank of Iceland's liquidity management system," Economics wp79, Department of Economics, Central bank of Iceland.
• María Angélica Arbeláez & Carlos E. Mendoza, 2018. "Resumen y conclusiones del estudio en materia de seguro previsional, calificación de invalidez, pago de incapacidades y empleo de personas discapacitadas," Informes de Investigación 17260, Fedesarrollo.
• Carrera, César, 2019. "Estimación del Consumo a partir de sus Componentes Principales en la Tabla Insumo-Producto," Working Papers 2019-004, Banco Central de Reserva del Perú.
• Timothy J. Kehoe & Carlos Gustavo Machicado & José Peres-Cajías, 2019. "The Monetary and Fiscal History of Bolivia, 1960-2017," Staff Report 579, Federal Reserve Bank of Minneapolis.
• María Angélica Arbeláez & Fedesarrollo, 2018. "Estudio en materia de seguro previsional, incapacidad e invalidez. Análisis Económico," Informes de Investigación 17259, Fedesarrollo.
• Bennani, Hamza, 2019. "Does People’s Bank of China communication matter? Evidence from stock market reaction," BOFIT Discussion Papers 9/2019, Bank of Finland, Institute for Economies in Transition.
• Everett Grant & Julieta Yung, 2019. "Upstream, Downstream & Common Firm Shocks," Globalization Institute Working Papers 360, Federal Reserve Bank of Dallas.
• Joao Ayres & Gaston Navarro & Juan Pablo Nicolini & Pedro Teles, 2019. "Self-Fulfilling Debt Crises with Long Stagnations," Working Papers 757, Federal Reserve Bank of Minneapolis.
• Jim Malley & Ulrich Woitek, 2019. "Estimated human capital externalities in an endogenous growth framework," CESifo Working Paper Series 7603, CESifo.
• Jungsoo Park, 2019. "Labor Productivity, Wage, Labor Share, and Household Income in Korea," Working Papers 1901, Nam Duck-Woo Economic Research Institute, Sogang University (Former Research Institute for Market Economy).
• Jonathan Kearns & Andreas Schrimpf & Fan Dora Xia, 2019. "Explaining Monetary Spillovers: The Matrix Reloaded," RBA Research Discussion Papers rdp2019-03, Reserve Bank of Australia.
• María Inés Agudelo & Camila Aguilar & Fedesarrollo, 2018. "Revisiones de gasto en Colombia. Documento técnico resumen," Informes de Investigación 17248, Fedesarrollo.
• Kopiec, Pawel, 2019. "Household Heterogeneity and the Value of Government Spending Multiplier: an Analytical Characterization," MPRA Paper 93499, University Library of Munich, Germany.
• V. V. Chari & Juan Pablo Nicolini & Pedro Teles, 2019. "Optimal Cooperative Taxation in the Global Economy," Staff Report 581, Federal Reserve Bank of Minneapolis.
• Camila Pérez & Juan Sebastián Corrales & Fedesarrollo, 2018. "Manual Modelo de Consistencia Macroeconómica," Informes de Investigación 17249, Fedesarrollo.
• Konstantinos Angelopoulos & Spyridon Lazarakis & Jim Malley, 2019. "Cyclical income risk in Great Britain," CESifo Working Paper Series 7594, CESifo.
• SIDEPRO & Fedesarrollo, 2018. "Proyecto: Diseno del Modelo Integrado de Información Financiera Pública. Entregable Nº 8 – Informe Final," Informes de Investigación 17262, Fedesarrollo.
• Juan Gonzalo Zapata & Fedesarrollo, 2018. "Diseno y propuesta de montaje del Banco de Estadísticas Fiscales," Informes de Investigación 17263, Fedesarrollo.
• Costain, James & Nakov, Anton & Petit, Borja, 2019. "Monetary policy implications of state-dependent prices and wages," Working Paper Series 2272, European Central Bank.
• Carlos E. Mendoza & Fedesarrollo, 2018. "Estudio en materia de seguro previsional, calificación de invalidez, pago de incapacidades y empleo de personas discapacitadas. Análisis Jurídico," Informes de Investigación 17261, Fedesarrollo.
• Juan Pablo Nicolini, 2019. "Karl Brunner's Contributions to the Theory of the Money Supply," Staff Report 582, Federal Reserve Bank of Minneapolis.
• Fernando Rojas & Carolina Durana & Fedesarrollo, 2018. "Apoyo a los Estudios de Evaluación de programas y políticas públicas de la CGR en el primer semestre de 2018. Documento Final," Informes de Investigación 17257, Fedesarrollo.
• Niklas Engbom, 2019. "Firm and Worker Dynamics in an Aging Labor Market," Working Papers 756, Federal Reserve Bank of Minneapolis.
• Markus K. Brunnermeier & Simon C. Rother & Isabel Schnabel, 2019. "Asset Price Bubbles and Systemic Risk," NBER Working Papers 25775, National Bureau of Economic Research, Inc.
• Roberto Steiner & Carolina Durana & María A. Ortega & Fedesarrollo, 2018. "Batería de indicadores sectoriales. Informe de cierre," Informes de Investigación 17264, Fedesarrollo.
• Maximiliano Dvorkin & Alexander Monge-Naranjo, 2019. "Occupation Mobility, Human Capital and the Aggregate Consequences of Task-Biased Innovations," Working Papers 2019-13, Federal Reserve Bank of St. Louis.
• Shrestha, Ruzel & Chakraborty, Lekha, 2019. "Practising Subnational Public Finance in an Emerging Economy: Fiscal Marksmanship in Kerala," Working Papers 19/261, National Institute of Public Finance and Policy.
• Richard H. Clarida, 2019. "The Global Factor in Neutral Policy Rates : Some Implications for Exchange Rates, Monetary Policy, and Policy Coordination," International Finance Discussion Papers 1244, Board of Governors of the Federal Reserve System (U.S.).
• Tom Krebs & Martin Scheffel, 2019. "Optimal Social Insurance and Rising Labor Market Risk," Opportunity and Inclusive Growth Institute Working Papers 18, Federal Reserve Bank of Minneapolis.
• Juan Gonzalo Zapata & Daniela Trespalacios & Fedesarrollo, 2018. "Revisión de tendencias y perspectivas de las finanzas públicas del Distrito Capital y de sus fuentes de financiación," Informes de Investigación 17252, Fedesarrollo.
• Felipe Benguria & Alan M. Taylor, 2019. "After the Panic: Are Financial Crises Demand or Supply Shocks? Evidence from International Trade," NBER Working Papers 25790, National Bureau of Economic Research, Inc.
• Natalia Salazar & Diego Gutíerrez & Fedesarrollo, 2018. "La financiación de las grandes ciudades: revisión de la literatura, comparación internacional y experiencias exitosas," Informes de Investigación 17253, Fedesarrollo.
• Fernando Rojas & Carolina Durana & Fedesarrollo, 2018. "Informe Final de Acompanamiento a siete estudios sectoriales, para fortalecimiento de capacidad para un enfoque de medición y evaluación de resultados. A 31 enero, 2018," Informes de Investigación 17251, Fedesarrollo.
• Begenau, Juliane, 2019. "Capital Requirements, Risk Choice, and Liquidity Provision in a Business Cycle Model," Research Papers 3554, Stanford University, Graduate School of Business.
• Pierre-Olivier Gourinchas & Hélène Rey & Maxime Sauzet, 2019. "The International Monetary and Financial System," NBER Working Papers 25782, National Bureau of Economic Research, Inc.
• International Monetary Fund, 2019. "Jamaica; Fifth Review Under the Stand-By Arrangement-Press Release and Staff Report," IMF Staff Country Reports 19/105, International Monetary Fund.
• Fernando Rojas & Fedesarrollo, 2018. "¿Cómo evaluar y mejorar las políticas de subsidios públicos en la era de la medición del desempeno y la rendición de cuentas por resultados?," Informes de Investigación 17250, Fedesarrollo.
• Hüser, Anne-Caroline & Kok, Christoffer, 2019. "Mapping bank securities across euro area sectors: comparing funding and exposure networks," Working Paper Series 2273, European Central Bank.
• International Monetary Fund, 2019. "Costa Rica; 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Costa Rica," IMF Staff Country Reports 19/101, International Monetary Fund.
• David E. Altig & Alan J. Auerbach & Patrick C. Higgins & Darryl Koehler & Laurence J. Kotlikoff & Michael Leiseca & Ellie Terry & Victor Ye, 2019. "Did the 2017 Tax Reform Discriminate against Blue State Voters?," FRB Atlanta Working Paper 2019-7, Federal Reserve Bank of Atlanta.
• Joseph Upile Matola & Roberto Leon-Gonzalez, 2019. "Fiscal and monetary policy rules in Malawi:a New Keynesian DSGE analysis," GRIPS Discussion Papers 19-03, National Graduate Institute for Policy Studies.
• Friederike Niepmann & Tim Schmidt-Eisenlohr, 2019. "Institutional Investors, the Dollar, and U.S. Credit Conditions," International Finance Discussion Papers 1246, Board of Governors of the Federal Reserve System (U.S.).
• Astrid Martínez Ortiz & Fedesarrollo, 2018. "Tasa efectiva de tributación para Bogotá," Informes de Investigación 17255, Fedesarrollo.
• Richard Blundell & Monica Costa Dias & David Goll & Costas Meghir, 2019. "Wages, Experience and Training of Women over the Lifecycle," Cowles Foundation Discussion Papers 2174, Cowles Foundation for Research in Economics, Yale University.
• Tiago Domingues, 2018. "Global Value Chains and Vertical Specialization: The case of Portuguese Textiles and Shoes exports," GEE Papers 00117, Gabinete de Estratégia e Estudos, Ministério da Economia, revised Jan 2019.
• Konstantinos Efstathiou & Guntram B. Wolff, 2019. "What drives national implementation of EU policy recommendations?," Working Papers 30346, Bruegel.
• Tommaso Giommoni, 2019. "Does progressivity always lead to progress? The impact of local redistribution on tax manipulation," CESifo Working Paper Series 7588, CESifo.
• Michael Dotsey & Wenli Li & Fang Yang, 2019. "Demographic Aging, Industrial Policy, and Chinese Economic Growth," Working Papers 19-21, Federal Reserve Bank of Philadelphia.
• Michael Dotsey & Wenli Li & Fang Yang, 2019. "Demographic Aging, Industrial Policy, and Chinese Economic Growth," Working Papers 2019-030, Human Capital and Economic Opportunity Working Group.
• Klaus Gründler & Niklas Potrafke, 2019. "Ideologically-charged terminology: austerity, fiscal consolidation, and sustainable governance," CESifo Working Paper Series 7613, CESifo.
• Lalé, Etienne, 2019. "Search and Multiple Jobholding," IZA Discussion Papers 12294, 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," Opportunity and Inclusive Growth Institute Working Papers 19, Federal Reserve Bank of Minneapolis.
• Fedesarrollo, 2018. "Evaluación de los impactos causados en las regiones productoras de hidrocarburos y minerales con el actual Sistema General de Regalías," Informes de Investigación 17258, Fedesarrollo.
• Yongo Kwon, 2019. "Nominal GDP growth indexed bonds: Business Cycle and Welfare Effects within the Framework of New Keynesian DSGE model," National Institute of Economic and Social Research (NIESR) Discussion Papers 504, National Institute of Economic and Social Research.
• Leung, Charles Ka Yui & Ng, Joe Cho Yiu, 2018. "Macro Aspects of Housing," MPRA Paper 93512, University Library of Munich, Germany.
• Been-Lon Chen & Hung-Ju Chen & Ping Wang, 2019. "Long-Run Tax Incidence in a Human Capital-based Endogenous Growth Model with Labor-Market Frictions," NBER Working Papers 25783, National Bureau of Economic Research, Inc.
• Ameriks, John & Briggs, Joseph & Caplin, Andrew & Lee, Minjoon & Shapiro, Matthew D., 2018. "Older Americans Would Work Longer If Jobs Were Flexible," Research Papers 3743, Stanford University, Graduate School of Business.
• Anmol Bhandari & Serdar Birinci & Ellen R. McGrattan, 2019. "Data Appendix: What Do Survey Data Tell Us about U.S. Businesses?," Staff Report 578, Federal Reserve Bank of Minneapolis.
• Plamen Nikolov & Paolo Pasimeni, 2019. "Fiscal Stabilization in the United States: Lessons for Monetary Unions," Economics Working Paper Archive wp_926, Levy Economics Institute.
• Jena, Pratap Ranjan, 2019. "Living under Fiscal Rules: Fiscal Management Response and Resource Allocation Choices for State of Odisha," Working Papers 19/264, National Institute of Public Finance and Policy.
• James D. Hamilton, 2019. "Measuring Global Economic Activity," NBER Working Papers 25778, National Bureau of Economic Research, Inc.
• Arnaud Deseau & Adam Levai & Michèle Schmiegelow, 2019. "Access to Justice and Economic Development: Evidence from an International Panel Dataset," LIDAM Discussion Papers IRES 2019009, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
• Lorie Logan, 2019. "Observations on implementing monetary policy in an ample-reserves regime: remarks before the Money Marketeers of New York University, New York City," Speech 318, Federal Reserve Bank of New York.
• Patrick T. Harker, 2019. "A Brief History of the Fed Universe," Speech 164, Federal Reserve Bank of Philadelphia.
• Villegas-Sanchez, Carolina & Díez, Federico & Fan, Jiayue, 2019. "Global Declining Competition," CEPR Discussion Papers 13696, C.E.P.R. Discussion Papers.
• Berger, David & Herkenhoff, Kyle & Mongey, Simon, 2019. "Labor Market Power," IZA Discussion Papers 12276, Institute of Labor Economics (IZA).
• International Monetary Fund, 2019. "Myanmar; 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Myanmar," IMF Staff Country Reports 19/100, International Monetary Fund.
• Haroon Bhorat & Zaakhir Asmal & Kezia Lilenstein & Kirsten van der Zee, 2018. "SMMES in South Africa: Understanding the Constraints on Growth and Performance," Working Papers 201802, University of Cape Town, Development Policy Research Unit.
• Makram El-Shagi & Bashir Muhammad, 2019. "Institutional Similarity and Bilateral FDI," CFDS Discussion Paper Series 2019/2, Center for Financial Development and Stability at Henan University, Kaifeng, Henan, China.
• Chris Tsoukis & Jun-ichi Itaya, 2019. "Distributive justice and social conflict in an AK model," CESifo Working Paper Series 7601, CESifo.
• Morris A. Davis & William D. Larson & Stephen D. Oliner & Benjamin Smith, 2019. "Mortgage Risk Since 1990," FHFA Staff Working Papers 19-02, Federal Housing Finance Agency.
• Cai, Ning & Feng, Jinlu & Liu, Yong & Ru, Hong & Yang, Endong, 2019. "Government credit and trade war," BOFIT Discussion Papers 7/2019, Bank of Finland, Institute for Economies in Transition.
• Dautović, Ernest, 2019. "Has regulatory capital made banks safer? Skin in the game vs moral hazard," ESRB Working Paper Series 91, European Systemic Risk Board.