Report NEP-MAC-2019-06-10

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:

• Todd Keister & Daniel R. Sanches, 2019. "Should Central Banks Issue Digital Currency?," Working Papers 19-26, Federal Reserve Bank of Philadelphia.
• Item repec:grz:wpaper:2019-05 is not listed on IDEAS anymore

• Tarek A. Hassan & Stephan Hollander & Laurence van Lent & Ahmed Tahoun, 2019. "Firm-Level Political Risk: Measurement and Effects," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-325, Boston University - Department of Economics.
• Samuel Huber & Jaehong Kim & Alessandro Marchesiani, 2019. "Unemployment and the demand for money," ECON - Working Papers 324, Department of Economics - University of Zurich.
• Marek Dabrowski, 2019. "The Economic and Monetary Union: Past, Present and Future," CASE Reports 0497, CASE-Center for Social and Economic Research.
• Markus K. Brunnermeier & Dirk Niepelt, 2019. "On the Equivalence of Private and Public Money," NBER Working Papers 25877, National Bureau of Economic Research, Inc.
• Jim Dolmas & Evan F. Koenig, 2019. "Two Measures of Core Inflation: A Comparison," Working Papers 1903, Federal Reserve Bank of Dallas.
• OH, Joonseok, 2019. "The propagation of uncertainty shocks : Rotemberg vs. Calvo," Economics Working Papers ECO 2019/01, European University Institute.
• Pedro Brinca & Miguel Faria-e-Castro & Miguel H. Ferreira & Hans Holter, 2019. "The Nonlinear Effects of Fiscal Policy," Working Papers 2019-015, Federal Reserve Bank of St. Louis, revised 26 Jun 2024.
• Krouglov, Alexei, 2019. "Simplified mathematical model of long-term investment values," MPRA Paper 94080, University Library of Munich, Germany.
• Björklund, Maria & Carlsson, Mikael & Nordström Skans, Oskar, 2019. "Fixed Wage Contracts and Monetary Non-Neutrality," Working Paper Series 368, Sveriges Riksbank (Central Bank of Sweden).
• Konopczak, Karolina, 2019. "Modelling labour adjustments over the business cycle: evidence from non-linear ARDL model," MF Working Papers 35, Ministry of Finance in Poland.
• Denise Duffy & Joseph G. Haubrich & Anna Kovner & Alex Musatov & Edward Simpson Prescott & Richard J. Rosen & Thomas D. Tallarini & Alexandros Vardoulakis & Emily Yang & Andrei Zlate, 2019. "Macroprudential Policy: Results from a Tabletop Exercise," Working Papers 19-11, Federal Reserve Bank of Cleveland.
• Daisuke Ikeda, 2019. "Adverse Selection, Lemons Shocks and Business Cycles," Globalization Institute Working Papers 361, Federal Reserve Bank of Dallas.
• Zakipour-Saber, Shayan, 2019. "State-dependent Monetary Policy Regimes," Research Technical Papers 4/RT/19, Central Bank of Ireland.
• Richard K. Crump & Stefano Eusepi & Marc Giannoni & Ayşegül Şahin, 2019. "A unified approach to measuring u," Staff Reports 889, Federal Reserve Bank of New York.
• Lutho Mbekeni & Andrew Phiri, 2019. "South African unemployment in the post-financial crisis era: What are the determinants?," Working Papers 1903, Department of Economics, Nelson Mandela University, revised May 2019.
• Mbekeni, Lutho & Phiri, Andrew, 2019. "South African unemployment in the post-financial crisis era: What are the determinants?," MPRA Paper 94159, University Library of Munich, Germany.
• Jonathan Chiu & Mohammad Davoodalhosseini & Janet Hua Jiang & Yu Zhu, 2019. "Bank Market Power and Central Bank Digital Currency: Theory and Quantitative Assessment," Staff Working Papers 19-20, Bank of Canada.
• Enrico Sergio Levrero & Matteo Deleidi & Francesca Iafrate, 2019. "Public Investment Fiscal Multipliers: An Empirical Assessment For European Countries," Departmental Working Papers of Economics - University 'Roma Tre' 0247, Department of Economics - University Roma Tre.
• Michael S. Lee-Browne, 2019. "Estimating monetary policy rules in small open economies," Working Papers 2019-002, The George Washington University, Department of Economics, H. O. Stekler Research Program on Forecasting.
• Erwan Gautier & Sebastien Roux & Milena Suarez-Castillo, 2019. "Do Minimum Wages Make Wages More Rigid? Evidence from French Micro Data," Working papers 720, Banque de France.
• Konopczak, Karolina, 2019. "Modelling cyclical variation in the cost pass-through: evidence from regime-dependent ARDL model," MF Working Papers 36, Ministry of Finance in Poland.
• Sergey Ivashchenko & Willi Mutschler, 2019. "The effect of observables, functional specifications, model features and shocks on identification in linearized DSGE models," CQE Working Papers 8319, Center for Quantitative Economics (CQE), University of Muenster.
• Bitros, George C., 2019. "Potential output, capital input and U.S. economic growth," MPRA Paper 94141, University Library of Munich, Germany.
• Eric Kemp-Benedict, 2019. "Convergence of actual, warranted, and natural growth rates in a Kaleckian-Harrodian-classical model," Working Papers PKWP1913, Post Keynesian Economics Society (PKES).
• Sagiri Kitao & Tomoaki Yamada, 2019. "Dimensions of inequality in Japan: Distributions of earnings, income and wealth between 1984 and 2014," CAMA Working Papers 2019-36, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Jaromir Baxa & Tomas Sestorad, 2019. "The Czech Exchange Rate Floor: Depreciation without Inflation?," Working Papers 2019/1, Czech National Bank.
• Yeva Nersisyan & L. Randall Wray, 2019. "How to Pay for the Green New Deal," Economics Working Paper Archive wp_931, Levy Economics Institute.
• Makram El-Shagi & Gregor von Schweinitz, 2019. "Fiscal Policy and Fiscal Fragility: Evidence from the OECD," CFDS Discussion Paper Series 2019/5, Center for Financial Development and Stability at Henan University, Kaifeng, Henan, China.
• Martin M. Andreasen, 2019. "Explaining Bond Return Predictability in an Estimated New Keynesian Model," CREATES Research Papers 2019-11, Department of Economics and Business Economics, Aarhus University.
• Paola Boel & Gabriele Camera, 2019. "Monetary Equilibrium and the Cost of Banking Activity," Working Papers 19-12, Chapman University, Economic Science Institute.
• Céline Antonin & Mattia Guerini & Mauro Napoletano & Francesco Vona, 2019. "Italy : escaping the high debt and low-growth trap," SciencePo Working papers Main hal-03403181, HAL.
• Clemens C. Struck & Adnan Velic, 2019. "Automation, New Technology and Non-Homothetic Preferences," Working Papers 201912, School of Economics, University College Dublin.
• Linas Jurksas & Hector Carcel, 2019. "Euro Area Government Bond Yield and Liquidity Dependence during different Monetary Policy Accommodation Phases," Bank of Lithuania Working Paper Series 60, Bank of Lithuania.
• Diewert, Erwin & Fox, Kevin J., 2019. "Money and the Measurement of Total Factor Productivity," Microeconomics.ca working papers erwin_diewert-2019-9, Vancouver School of Economics, revised 31 May 2019.
• Martin Møller Andreasen & Kasper Jørgensen & Andrew Meldrum, 2019. "Bond Risk Premiums at the Zero Lower Bound," CREATES Research Papers 2019-10, Department of Economics and Business Economics, Aarhus University.
• Ranpati Dewage Thilini Sumudu Kumari & Sam Hak Kan Tang, 2019. "Identifying Sri Lanka’s Sources of Growth: The Application of Primal and Dual Total Factor Productivity Growth Accounting Approaches," Economics Discussion / Working Papers 19-05, The University of Western Australia, Department of Economics.
• Carlo Altavilla & Miguel Boucinha & José-Luis Peydró, 2019. "Monetary Policy and Bank Profitability in a Low Interest Rate Environment," Working Papers 1101, Barcelona School of Economics.
• Benjamín García & Sebastián Guarda & Markus Kirchner & Rodrigo Tranamil, 2019. "XMAS: An extended model for analysis and simulations," Working Papers Central Bank of Chile 833, Central Bank of Chile.
• Fatih Karahan & Benjamin Pugsley & Ayşegül Şahin, 2019. "Demographic Origins of the Startup Deficit," NBER Working Papers 25874, National Bureau of Economic Research, Inc.
• Andrew Foerster & Andreas Hornstein & Pierre-Daniel G. Sarte & Mark W. Watson, 2019. "Aggregate Implications of Changing Sectoral Trends," Working Paper 19-11, Federal Reserve Bank of Richmond.
• Francisco Lasso-Valderrama & Héctor M. Zárate-Solano, 2019. "Forecasting the Colombian Unemployment Rate Using Labour Force Flows," Borradores de Economia 1073, Banco de la Republica de Colombia.
• Anindya Banerjee & Victor Bystrov & Paul Mizen, 2019. "Structural Factor Analysis of Interest Rate Pass Through in Four Large Euro Area Economies," Lodz Economics Working Papers 1/2019, University of Lodz, Faculty of Economics and Sociology.
• Juan Tenorio & Maritza Huanchi, 2019. "Un modelo DSGE bayesiano para la heterogeneidad en shocks de impuestos como política fiscal en la reactivación económica del Perú," Working Papers 148, Peruvian Economic Association.
• Konopczak, Karolina, 2019. "Can inaction account for the incomplete exchangerate pass-through? Evidence from threshold ARDL model," MF Working Papers 37, Ministry of Finance in Poland.
• Fatih Karahan & Benjamin Pugsley & Ayşegül Şahin, 2019. "Demographic origins of the startup deficit," Staff Reports 888, Federal Reserve Bank of New York.
• Markus Brunnermeier & Simon Rother & Isabel Schnabel, 2019. "Asset Price Bubbles and Systemic Risk," CRC TR 224 Discussion Paper Series crctr224_2019_095, University of Bonn and University of Mannheim, Germany.
• Alexey Ponomarenko, 2019. "Do sterilized foreign exchange interventions create money?," Bank of Russia Working Paper Series wps40, Bank of Russia.
• Andrew Foerster & Andreas Hornstein & Pierre-Daniel Sarte & Mark W. Watson, 2019. "Aggregate Implications of Changing Sectoral Trends," NBER Working Papers 25867, National Bureau of Economic Research, Inc.
• Akinwande Atanda & W. Robert Reed, 2019. "Not Evidence for Baumol’s Cost Disease," Working Papers in Economics 19/05, University of Canterbury, Department of Economics and Finance.
• Mariacristina De Nardi & Giulio Fella & Marike Knoef & Gonzalo Paz-Pardo & Raun Van Ooijen, 2019. "Family and Government Insurance: Wage, Earnings, and Income Risks in the Netherlands and the U.S," Working Papers 2019-035, Human Capital and Economic Opportunity Working Group.
• Mucai Lin & Linlin Niu, 2019. "Echo over the Great Wall: Spillover Effects of QE Announcements on Chinese Yield Curve," Working Papers 2019-05-17, Wang Yanan Institute for Studies in Economics (WISE), Xiamen University, revised 14 Oct 2020.
• Eric Rosengren, 2019. "Monetary policy in a low inflation and low unemployment economy: remarks at the Economic Club of New York, New York, New York, May 21, 2019," Speech 144, Federal Reserve Bank of Boston.
• Levy, Daniel & Young, Andrew, 2019. "Promise, Trust and Betrayal: Costs of Breaching an Implicit Contract," MPRA Paper 94148, University Library of Munich, Germany.
• Stann, Carsten M. & Grigoriadis, Theocharis, 2019. "Monetary policy transmission to Russia & Eastern Europe," Discussion Papers 2019/6, Free University Berlin, School of Business & Economics.
• Daniel Levy & Andrew T. Young, 2019. "Promise, Trust and Betrayal: Costs of Breaching an Implicit Contract," Working Paper series 19-11, Rimini Centre for Economic Analysis.
• Levy, Daniel & Young, Andrew T., 2019. "Promise, Trust and Betrayal: Costs of Breaching an Implicit Contract," EconStor Preprints 197001, ZBW - Leibniz Information Centre for Economics.
• Daniel Levy & Andrew T. Young, 2019. "Promise, Trust and Betrayal: Costs of Breaching an Implicit Contract," Working Papers 2019-04, Bar-Ilan University, Department of Economics.
• Ludwig von Auer & Jochen Wengenroth, 2019. "Consistent Aggregation With Superlative and Other Price Indices," Research Papers in Economics 2019-13, University of Trier, Department of Economics.
• Soroosh Soofi-Siavash & Kristina Barauskaite, 2019. "Sectoral Production and Diffusion Index Forecasts for Output in Lithuania," Bank of Lithuania Discussion Paper Series 12, Bank of Lithuania.
• Todd Keister & Yuliyan Mitkov, 2019. "Bailouts, Bail-ins and Banking Crises," CRC TR 224 Discussion Paper Series crctr224_2019_091, University of Bonn and University of Mannheim, Germany.
• Mehmet Balcilar & David Roubaud & Ojonugwa Usman & Mark E. Wohar, 2019. "Testing the Asymmetric Effects of Exchange Rate and Oil Price Pass-Through in BRICS Countries: Does the state of the economy matter?," Working Papers 15-49, Eastern Mediterranean University, Department of Economics.
• Jonathan Eberle, 2019. "Regional fiscal equalization. A simultaneous equation approach to assess the economic effects of fiscal policy," Working Papers on Innovation and Space 2019-01, Philipps University Marburg, Department of Geography.
• Marisa Berbegal-Ibanez & Juan Casado Asensio & Friederike Rühmann & Aussama Bejraoui & Guillaume Delalande & Julia Benn, 2019. "Costa Rica’s perspective on Total Official Support for Sustainable Development (TOSSD)," OECD Development Co-operation Working Papers 56, OECD Publishing.
• Chiaki Hara, 2019. "Heterogeneous Impatience of Individual Consumers and Decreasing Impatience of the Representative Consumer," KIER Working Papers 1009, Kyoto University, Institute of Economic Research.
• Emily Breza & Supreet Kaur & Nandita Krishnaswamy, 2019. "Social Norms as a Determinant of Aggregate Labor Supply," NBER Working Papers 25880, National Bureau of Economic Research, Inc.
• Jacinta C. Nwachukwu & Aqsa Aziz & Uchenna Tony-Okeke & Simplice A. Asongu, 2018. "The determinants of interest rates in microfinance: age, scale and organisational charter," Research Africa Network Working Papers 18/006, Research Africa Network (RAN).
• Ana Beatriz Galvão & James Mitchell, 2019. "Measuring Data Uncertainty: An Application using the Bank of England's "Fan Charts" for Historical GDP Growth," Economic Statistics Centre of Excellence (ESCoE) Discussion Papers ESCoE DP-2019-08, Economic Statistics Centre of Excellence (ESCoE).
• Milena del Rosario Escobar Morillo & Lya Paola Sierra Suárez & José Tomás Peláez Soto, 2019. "Efecto del precio del petróleo en el sector industrial de Colombia: Un análisis empírico para los años 2000-2010," Working Papers 41, Faculty of Economics and Management, Pontificia Universidad Javeriana Cali.
• Christelle Meniago & Simplice A. Asongu, 2018. "Revisiting the Finance-Inequality Nexus in a Panel of African Countries," Research Africa Network Working Papers 18/014, Research Africa Network (RAN).
• Chimere O. Iheonu, 2019. "Governance and Domestic Investment in Africa," Research Africa Network Working Papers 19/002, Research Africa Network (RAN).
• Franses, Ph.H.B.F. & S. Vasilev (Simeon), 2019. "Real GDP growth in Africa, 1963-2016," Econometric Institute Research Papers EI2019-23, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
• Roger E.A. Farmer, 2019. "The Indeterminacy School in Macroeconomics," NBER Working Papers 25879, National Bureau of Economic Research, Inc.
• Sagiri Kitao & Minamo Mikoshiba & Hikaru Takeuchi, 2019. "Females, the elderly, and also males: Demographic aging and macroeconomy in Japan," CAMA Working Papers 2019-37, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Hassler, John & Krusell, Per & Olovsson, Conny, 2019. "The Consequences of Uncertainty: Climate Sensitivity and Economic Sensitivity to the Climate," Working Paper Series 369, Sveriges Riksbank (Central Bank of Sweden).
• Nicolas Crouzet & Janice C. Eberly, 2019. "Understanding Weak Capital Investment: the Role of Market Concentration and Intangibles," NBER Working Papers 25869, National Bureau of Economic Research, Inc.
• Tobias Adrian & Fernando M. Duarte & Federico Grinberg & Tommaso Mancini-Griffoli, 2019. "Monetary policy and financial conditions: a cross-country study," Staff Reports 890, Federal Reserve Bank of New York.
• Ariane Szafarz & Marie Briere, 2019. "Good Diversification is Never Wasted: How to Tilt Factor Portfolios with Sectors," Working Papers CEB 19-014, ULB -- Universite Libre de Bruxelles.
• Gerardo Uña & Richard I Allen & Nicolas M Botton, 2019. "How to Design a Financial Management Information System; A Modular Approach," IMF Fiscal Affairs Department 19/03, International Monetary Fund.
• Mendicino, Caterina & Nikolov, Kalin & Suarez, Javier & Supera, Dominik, 2019. "Bank capital in the short and in the long run," Working Paper Series 2286, European Central Bank.
• Makram El-Shagi & Lunan Jiang, 2019. "Efficient Dynamic Yield Curve Estimation in Emerging Financial Markets," CFDS Discussion Paper Series 2019/4, Center for Financial Development and Stability at Henan University, Kaifeng, Henan, China.
• Mickael Melki & Andrew Pickering, 2019. "New Evidence on the Historical Growth of Government in Europe: The Role of Labor Costs," Discussion Papers 19/07, Department of Economics, University of York.
• Rod Tyers & Yixiao Zhou, 2019. "The US-China Trade Dispute: A Macro Perspective," Economics Discussion / Working Papers 19-02, The University of Western Australia, Department of Economics.
• Jakob Everding & Jan Marcus, 2019. "The Effect of Unemployment on the Smoking Behavior of Couples," SOEPpapers on Multidisciplinary Panel Data Research 1037, DIW Berlin, The German Socio-Economic Panel (SOEP).
• Luc Jacolin & Massil Keneck & Alphonse Noah, 2019. "Informal Sector and Mobile Financial Services in Developing Countries: Does Financial Innovation Matter?," Working papers 721, Banque de France.
• Huber, Florian & Koop, Gary & Onorante, Luca, 2019. "Inducing Sparsity and Shrinkage in Time-Varying Parameter Models," Working Papers in Economics 2019-2, University of Salzburg.
• Pühringer, Stephan & Liedl, Bernd, 2018. "Ökonomische Expertise und politökonomische Machtstrukturen," Working Paper Serie des Instituts für Ökonomie Ök-40, Hochschule für Gesellschaftsgestaltung (HfGG), Institut für Ökonomie.
• John C. Williams, 2019. "The research-policy nexus: ZLB, JMCB and FOMC: remarks at the Conference Celebrating the 50th Anniversary of the Journal of Money, Credit and Banking, Federal Reserve Bank of New York, New York City," Speech 321, Federal Reserve Bank of New York.
• Fernando Alvarez & Francesco Lippi, 2019. "The Analytic Theory of a Monetary Shock," EIEF Working Papers Series 1910, Einaudi Institute for Economics and Finance (EIEF), revised May 2019.
• Chakrabarti, Anindya S. & Kumar, Sudarshan, 2019. "A computational algorithm to analyze unobserved sequential reactions of the central banks: Inference on complex lead-lag relationship in evolution of policy stances," IIMA Working Papers WP 2019-06-02, Indian Institute of Management Ahmedabad, Research and Publication Department.
• Aligishiev, Z. & Ben-Gad, M. & Mountford, A. & Pearlman, J., 2019. "Turning It Up To Eleven: Re-Evaluating the Role of Financial Frictions in the 2007–2008 Economic Crisis," Working Papers 19/08, Department of Economics, City University London.
• Javier Alejo & Victor Funes, 2019. "Ecuaciones Salariales de Parejas bajo Selección Muestral Bivariada. Una Aplicación al Caso Argentino," CEDLAS, Working Papers 0246, CEDLAS, Universidad Nacional de La Plata.
• Francesco Pappada & Yanos Zylberberg, 2019. "Sovereign default and imperfect tax enforcement," Bristol Economics Discussion Papers 19/714, School of Economics, University of Bristol, UK.
• Triantafyllou, Athanasios & Vlastakis, Nikolaos & Kellard, Neil, 2019. "Oil Price Uncertainty and the Macroeconomy," Essex Finance Centre Working Papers 24735, University of Essex, Essex Business School.
• Maas, Benedikt, 2019. "Short-term forecasting of the US unemployment rate," MPRA Paper 94066, University Library of Munich, Germany.
• Gulan, Adam & Haavio, Markus & Kilponen, Juha, 2019. "Can large trade shocks cause crises? The case of the Finnish-Soviet trade collapse," Research Discussion Papers 9/2019, Bank of Finland.
• Yuliyan Mitkov, 2019. "Inequality and Financial Fragility," CRC TR 224 Discussion Paper Series crctr224_2019_090, University of Bonn and University of Mannheim, Germany.
• Stéphane Auray & David L. Fuller & Guillaume Vandenbroucke, 2019. "Comparative Advantage and Moonlighting," Working Papers 2019-016, Federal Reserve Bank of St. Louis, revised Aug 2021.
• Item repec:spo:wpmain:info:hdl:2441/me28b7aoi8k7qunqdg5qlgrqk is not listed on IDEAS anymore

• Brown, Heather & D'Amico, Francesco & Knapp, Martin & Orrell, Martin & Rehill, Amritpal & Vale, Luke & Robinson, Louise, 2019. "A cost effectiveness analysis of maintenance cognitive stimulation therapy (MCST) for people with dementia: examining the influence of cognitive ability and living arrangements," LSE Research Online Documents on Economics 100841, London School of Economics and Political Science, LSE Library.
• James B. Bullard, 2019. "A Successful Normalization of Monetary Policy in the U.S," Speech 334, Federal Reserve Bank of St. Louis.
• Hiroshi Onishi, 2019. "Optimal Weight of Commercial Sector and Reproduction Scheme," Keio-IES Discussion Paper Series 2019-014, Institute for Economics Studies, Keio University.
• Floreani, Vincent A. & Lopez-Acevedo, Gladys & Rama, Martin, 2019. "Conflict and Poverty in Afghanistan's Transition," IZA Policy Papers 149, Institute of Labor Economics (IZA).
• Anping Chen & Nicolaas Groenewold, 2019. "The effects of China’s growth slowdown on its provinces: Disentangling the sources," Economics Discussion / Working Papers 19-07, The University of Western Australia, Department of Economics.
• Makram El-Shagi & Jarko Fidrmuc & Steven Yamarik, 2019. "Inequality and credit growth in Russian regions," CFDS Discussion Paper Series 2019/6, Center for Financial Development and Stability at Henan University, Kaifeng, Henan, China.
• Marco Gallegati & James B. Ramsey, 2019. "Phillips' averaging procedure as a 'crude' version of the Haar wavelet filter," Working Papers 437, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
• Mark Setterfield, 2019. "Tolerable ranges of variation in the rate of capacity utilization and corridor instability: a reply to Florian Botte," Working Papers 1905, New School for Social Research, Department of Economics.
• Piton, Sophie, 2019. "Do unit labour costs matter? A decomposition exercise on European data," Bank of England working papers 799, Bank of England.
• Sophie Piton, 2019. "Do Unit Labour Costs Matter? A Decomposition Exercise on European Data," Discussion Papers 1910, Centre for Macroeconomics (CFM).
• Becker, Torbjörn, 2019. "Russia’s economy and regional spillovers," SITE Working Paper Series 48, Stockholm School of Economics, Stockholm Institute of Transition Economics.