Report NEP-MAC-2019-06-17

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:

• Mitman, Kurt & Rabinovich, Stanislav, 2019. "Do Unemployment Benefit Extensions Explain the Emergence of Jobless Recoveries?," CEPR Discussion Papers 13760, C.E.P.R. Discussion Papers.
• Ashima Goyal & Abhishek Kumar, 2019. "News, noise and Indian business cycle," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2019-010, Indira Gandhi Institute of Development Research, Mumbai, India.
• Francisco Ilabaca & Greta Meggiorini & Fabio Milani, 2019. "Bounded Rationality, Monetary Policy, and Macroeconomic Stability," Working Papers 181906, University of California-Irvine, Department of Economics.
• Gürkaynak, Refet & Altavilla, Carlo & Brugnolini, Luca & Motto, Roberto & Ragusa, Giuseppe, 2019. "Measuring Euro Area Monetary Policy," CEPR Discussion Papers 13759, C.E.P.R. Discussion Papers.
• Francesco Pappadà & Yanos Zylberberg, 2019. "Sovereign Default and Imperfect Tax Enforcement," Working papers 722, Banque de France.
• Kristina Bluwstein & Michał Brzoza-Brzezina & Paolo Gelain & Marcin Kolasa, 2019. "Multi-period loans, occasionally binding constraints and monetary policy: a quantitative evaluation," NBP Working Papers 307, Narodowy Bank Polski.
• Harashima, Taiji, 2019. "A Theory of Inflation: The Law of Motion for Inflation under the MDC-based Procedure," MPRA Paper 94100, University Library of Munich, Germany.
• Efrem Castelnuovo, 2019. "Yield curve and financial uncertainty: Evidence based on US data," CAMA Working Papers 2019-38, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Sondermann, David & Consolo, Agostino & Gunnella, Vanessa & Koester, Gerrit & Lambrias, Kyriacos & Lopez-Garcia, Paloma & Nerlich, Carolin & Petroulakis, Filippos & Saiz, Lorena & Serafini, Roberta, 2019. "Economic structures 20 years into the euro," Occasional Paper Series 224, European Central Bank.
• Ignacio Lozano-Espitia & Juan Manuel Julio-Román, 2019. "Límite de la Deuda Pública y Espacio Fiscal: Análisis para Colombia y Otros Mercados Emergentes," Borradores de Economia 1076, Banco de la Republica de Colombia.
• Chao Gu & Cyril Monnet & Ed Nosal & Randall Wright, 2019. "On the Instability of Banking and other Financial Intermediation," Diskussionsschriften dp1902, Universitaet Bern, Departement Volkswirtschaft.
• Item repec:diw:diwwpp:dp1806 is not listed on IDEAS anymore

• Marcin Kolasa & Grzegorz Wesołowski, 2019. "International spillovers of quantitative easing," NBP Working Papers 309, Narodowy Bank Polski.
• Egemen Eren & Semyon Malamud, 2019. "Dominant currency debt," BIS Working Papers 783, Bank for International Settlements.
• Lukas Altermatt, 2019. "Bank lending, financial frictions, and inside money creation," ECON - Working Papers 325, Department of Economics - University of Zurich.
• Alexander Herzog-Stein & Camille Logeay, 2019. "Short-Term macroeconomic evaluation of the German minimum wage with a VAR/VECM," IMK Working Paper 197-2019, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
• Sangyup Choi & Davide Furceri & Prakash Loungani, 2019. "Inflation Anchoring, Real Borrowing Costs, and Growth: Evidence from Sectoral Data," Working papers 2019rwp-143, Yonsei University, Yonsei Economics Research Institute.
• Tomasz Chmielewski & Tomasz Łyziak & Ewa Stanisławska, 2019. "Risk-taking channel – does it operate in the Polish banking sector?," NBP Working Papers 305, Narodowy Bank Polski.
• Waknis, Parag, 2019. "Demonetization as a Payments System Shock under Goods and Financial Market Segmentation: A Short Run Analysis," MPRA Paper 94171, University Library of Munich, Germany.
• David C. López-Valenzuela & Enrique Montes-Uribe & Héctor M. Zárate-Solano & Alvaro Carmona-Duarte, 2019. "Determinantes y evolución entre precios y cantidades de las exportaciones industriales de Colombia: un estudio a partir de un modelo de Panel-VAR," Borradores de Economia 1075, Banco de la Republica de Colombia.
• Oleksiy Kryvtsov & Luba Petersen, 2019. "Central Bank Communication That Works: Lessons from Lab Experiments," Staff Working Papers 19-21, Bank of Canada.
• Bonciani, Dario & Oh, Joonseok Jason, 2019. "The long-run effects of uncertainty shocks," Bank of England working papers 802, Bank of England.
• Carlos A. Arango-Arango & Nicolás F. Suárez-Ariza, 2019. "Digital Payments Adoption and the Demand for Cash: New International Evidence," Borradores de Economia 1074, Banco de la Republica de Colombia.
• Roger E A Farmer & Giovanni Nicolo, 2019. "Some International Evidence for Keynesian Economics Without the Phillips Curve," National Institute of Economic and Social Research (NIESR) Discussion Papers 505, National Institute of Economic and Social Research.
• Remzi Baris Tercioglu, 2019. "Rethinking growth and inequality in the US: What is the role of measurement of GDP?," Working Papers 1906, New School for Social Research, Department of Economics, revised Feb 2020.
• Claus Brand & Marcin Bielecki & Adrian Penalver, 2019. "The natural rate of interest: estimates, drivers, and challenges to monetary policy," NBP Working Papers 308, Narodowy Bank Polski.
• Luis Julián Álvarez, 2019. "El índice de precios de consumo: usos y posibles vías de mejora," Occasional Papers 1910, Banco de España.
• Ashima Goyal & Prashant Parab, 2019. "Modeling heterogeneity and rationality of inflation expectations across Indian households," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2019-02, Indira Gandhi Institute of Development Research, Mumbai, India.
• Takashi Ui, 2019. "The Lucas Imperfect Information Model with Imperfect Common Knowledge," Working Papers on Central Bank Communication 007, University of Tokyo, Graduate School of Economics.
• Daryna Grechyna, 2019. "Mandatory Spending, Political Polarization, and Macroeconomic Volatility," ThE Papers 19/05, Department of Economic Theory and Economic History of the University of Granada..
• Pedro Bento & Diego Restuccia, 2019. "The Role of Nonemployers in Business Dynamism and Aggregate Productivity," Working Papers tecipa-640, University of Toronto, Department of Economics.
• Luís Guimarães & Pedro Mazeda Gil, 2019. "Explaining the labor share: automation vs labor market institutions," CEF.UP Working Papers 1901, Universidade do Porto, Faculdade de Economia do Porto.
• Luis Guimaraes & Pedro Mazeda Gil, 2019. "Explaining the labor share: automation vs labor market institutions," Economics Working Papers 19-01, Queen's Management School, Queen's University Belfast.
• Stefano BOSI & David DESMARCHELIER & Thai HA-HUY, 2019. "Wheels and cycles: (sub)optimality and volatility of corrupted economies," Working Papers of BETA 2019-25, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
• Jef Boeckx & Maarten Dossche & Alessandro Galesi & Boris Hofmann & Gert Peersman, 2019. "Do SVARs with Sign Restrictions Not Identify Unconventional Monetary Policy Shocks?," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 19/973, Ghent University, Faculty of Economics and Business Administration.
• Jaramillo, Miguel & Almonacid, Julio & Flor, Luciana de la, 2019. "Los efectos desprotectores de la protección del empleo. El impacto de la reforma del contrato laboral de 2001," Documentos de Investigación dt92, Grupo de Análisis para el Desarrollo (GRADE).
• Becker, Torbjörn, 2019. "Russia’s macroeconomy—a closer look at growth, investment, and uncertainty," SITE Working Paper Series 49, Stockholm School of Economics, Stockholm Institute of Transition Economics.
• Osnat Zohar, 2019. "Boom-Bust Cycles of Learning, Investment and Disagreement," Bank of Israel Working Papers 2019.06, Bank of Israel.
• Robin Lynch, 2019. "The treatment of Intellectual Property in the National Accounts," Economic Statistics Centre of Excellence (ESCoE) Discussion Papers ESCoE DP-2019-10, Economic Statistics Centre of Excellence (ESCoE).
• Maria Chiara Cavalleri & Boris Cournède & Volker Ziemann, 2019. "Housing markets and macroeconomic risks," OECD Economics Department Working Papers 1555, OECD Publishing.
• Ögren, Anders, 2019. "Currency Unions," Lund Papers in Economic History 204, Lund University, Department of Economic History.
• International Monetary Fund, 2019. "Samoa; 2019 Article IV Consultation-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Samoa," IMF Staff Country Reports 19/138, International Monetary Fund.
• International Monetary Fund, 2019. "El Salvador; 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for El Salvador," IMF Staff Country Reports 19/143, International Monetary Fund.
• Benavides, Martín & León, Juan & Paredes, Álvaro & La Riva, Diana, 2019. "Capital social y logro ocupacional en contextos de segregación," Documentos de Investigación dt95, Grupo de Análisis para el Desarrollo (GRADE).
• Juan Carlos Cuestas & Merike Kukk, 2019. "The Spanish housing market: is it fundamentally broken?," Working Papers 2019/04, Economics Department, Universitat Jaume I, Castellón (Spain).
• International Monetary Fund, 2019. "Sri Lanka; Fifth Review Under the Extended Arrangement Under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, Extension of the Arrangement and Rephasing of Pur," IMF Staff Country Reports 19/135, International Monetary Fund.
• International Monetary Fund, 2019. "Republic of Armenia; 2019 Article IV Consultation and Request for a Stand-By Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Armenia," IMF Staff Country Reports 19/154, International Monetary Fund.
• Kazeem B. Ajide & Ibrahim D. Raheem & Simplice A. Asongu, 2018. "Dollarization and the “Unbundling†of Globalization in sub-Saharan Africa," Research Africa Network Working Papers 18/034, Research Africa Network (RAN).
• Bonga, Wellington Garikai, 2019. "Stock Market Volatility Analysis using GARCH Family Models: Evidence from Zimbabwe Stock Exchange," MPRA Paper 94201, University Library of Munich, Germany.
• Periklis Boumparis & Costas Milas & Theodore Panagiotidis, 2019. "Non-performing loans and sovereign credit ratings," Working Paper series 19-13, Rimini Centre for Economic Analysis.
• Jaramillo, Miguel & Campos, Daniela, 2019. "¿Son los contratos temporales un peldaño hacia un contrato por tiempo indeterminado?," Documentos de Investigación dt93, Grupo de Análisis para el Desarrollo (GRADE).
• Item repec:wrk:wrkemf:23 is not listed on IDEAS anymore

• Item repec:wrk:wrkemf:24 is not listed on IDEAS anymore

• Yuki Uchida & Tetsuo Ono, 2018. "Generational Conflict and Education Politics: Implications for Growth and Welfare," Discussion Papers in Economics and Business 18-05-Rev.2, Osaka University, Graduate School of Economics, revised Apr 2019.
• van der Wielen, Wouter, 2019. "The Macroeconomic Effects of Tax Reform: Evidence from the EU," JRC Working Papers on Taxation & Structural Reforms 2019-04, Joint Research Centre.
• John C Bluedorn & Daniel Leigh, 2019. "Hysteresis in Labor Markets? Evidence from Professional Long-Term Forecasts," IMF Working Papers 19/114, International Monetary Fund.
• Karl Whelan, 2019. "The Euro at 20: Successes, Problems, Progress and Threats," Working Papers 201914, School of Economics, University College Dublin.
• Farmer, Roger, 2019. "The Indeterminacy School in Macroeconomics," CEPR Discussion Papers 13745, C.E.P.R. Discussion Papers.
• Chimere O. Iheonu, 2019. "Governance and Domestic Investment in Africa," CEREDEC Working Papers 19/001, Centre de Recherche pour le Développement Economique (CEREDEC).
• Roger E A Farmer, 2019. "The Indeterminacy Agenda in Macroeconomics," National Institute of Economic and Social Research (NIESR) Discussion Papers 507, National Institute of Economic and Social Research.
• Sarah Guillou & Tania Treibich, 2019. "Firm export diversification and change in workforce composition," SciencePo Working papers Main hal-03403222, HAL.
• David Amaglobeli & Laura Jaramillo & Pooja Karnane & Aleksandra Zdzienicka, 2019. "Tax Reforms and Fiscal Shock Smoothing," IMF Working Papers 19/113, International Monetary Fund.
• Jan Behringer & Till van Treeck, 2019. "The corporate sector and the current account," IMK Working Paper 196-2019, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
• Guerrero, Gabriela & Rojas, Vanessa & Cueto, Santiago & Vargas, Jimena & Leandro, Sayuri, 2019. "Implementación de programas de inclusión social en territorios con población vulnerable: ¿cómo está cambiando Beca 18 la vida de los y las jóvenes del valle de los ríos Apurímac, Ene y Mantaro (VRAEM)," Documentos de Investigación dt96, Grupo de Análisis para el Desarrollo (GRADE).
• Eduardo Levy Yeyati & Juan Francisco Gómez, 2019. "The cost of holding foreign exchange reserves," School of Government Working Papers wp_gob_2018_7, Universidad Torcuato Di Tella.
• Chao Gu & Cyril Monnet & Ed Nosal & Randall Wright, 2019. "On the Instability of Banking and Other Financial Intermediation," Working Papers 19.04, Swiss National Bank, Study Center Gerzensee.
• Tokhir N Mirzoev & Ling Zhu, 2019. "Rethinking Fiscal Policy in Oil-Exporting Countries," IMF Working Papers 19/108, International Monetary Fund.
• Mark Setterfield & Joana David Avritzer, 2019. "Hysteresis in the normal rate of capacity utilization: a behavioural explanation," Working Papers 1907, New School for Social Research, Department of Economics.
• Ivan Mendieta-Munoz & Mengheng Li, 2019. "The Multivariate Simultaneous Unobserved Compenents Model and Identification via Heteroskedasticity," Working Paper Series, Department of Economics, University of Utah 2019_06, University of Utah, Department of Economics.
• Zheng, Yu & Mommaerts, Corina & Raza, Syed Hassan, 2019. "The Economic Consequences of Hospitalizations for Older Workers across Countries," CEPR Discussion Papers 13753, C.E.P.R. Discussion Papers.
• Mirko Abbritti & Sebastian Weber, 2019. "Market Regulation, Cycles and Growth in a Monetary Union," IMF Working Papers 19/123, International Monetary Fund.
• International Monetary Fund, 2019. "Maldives; 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Maldives," IMF Staff Country Reports 19/156, International Monetary Fund.
• Daniel Gros & Roberto Musmeci, 2019. "Preparing for the next MFF: Where did the money go in the past?," Working Papers LuissLab 19147, Dipartimento di Economia e Finanza, LUISS Guido Carli.
• Amat Adarov & Mario Holzner & Olga Pindyuk & Goran Vukšić, 2018. "Monthly Report No. 12/2018," wiiw Monthly Reports 2018-12, The Vienna Institute for International Economic Studies, wiiw.
• Lamla, Michael & PJaifar, Damian & Rendell, Lea, 2019. "Inflation and Deflationary Biases in Inflation Expectations," Essex Finance Centre Working Papers 24771, University of Essex, Essex Business School.
• Efthymios Pavlidis & Ivan Paya & Alex Skouralis, 2019. "House Prices, (Un)Affordability and Systemic Risk," Working Papers 266072868, Lancaster University Management School, Economics Department.
• Juin-Jen Chang & Hsieh-Yu Lin & Nora Traum & Shu-Chun Susan Yang, 2019. "Fiscal Consolidation and Public Wages," IMF Working Papers 19/125, International Monetary Fund.
• : Bridget Fisher & Flávia Leite, 2018. "The Cost of New York City's Hudson Yards Redevelopment Project," SCEPA working paper series. 2018-02, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
• Sylvain Barde, 2019. "Macroeconomic simulation comparison with a multivariate extension of the Markov Information Criterion," Studies in Economics 1908, School of Economics, University of Kent.
• Ingvild Almås & Timothy K.M. Beatty & Thomas F. Crossley, 2019. "Lost in translation: What do Engel curves tell us about the cost of living?," Economic Statistics Centre of Excellence (ESCoE) Discussion Papers ESCoE DP-2019-09, Economic Statistics Centre of Excellence (ESCoE).
• Martin Labaj & Daniel Dujava, 2019. "Economic growth and convergence during the transition to production using automation capital," Department of Economic Policy Working Paper Series 017, Department of Economic Policy, Faculty of National Economy, University of Economics in Bratislava.
• Bruno Perdigão, 2019. "“Still" an Agnostic Procedure to Identify Monetary Policy Shocks with Sign Restrictions," Working Papers Series 494, Central Bank of Brazil, Research Department.
• Alexis Direr, 2020. "Bringing present bias back to the present," Working Papers hal-02133525, HAL.
• Pandey, Radhika & Patnaik, Ila & Shah, Ajay, 2019. "Measuring business cycle conditions in India," Working Papers 19/269, National Institute of Public Finance and Policy.
• International Monetary Fund, 2019. "Philippines; Technical Assistance Report-Public Investment Management Assessment," IMF Staff Country Reports 19/137, International Monetary Fund.
• Richard H. Clarida, 2019. "The Federal Reserve’s Review of Its Monetary Policy Strategy, Tools, and Communication Practices : A speech at \"Fed Listens: Education, Employment, and Monetary Policy in the Third District\&quo," Speech 1065, Board of Governors of the Federal Reserve System (U.S.).
• Avichai Snir & Daniel Levy, 2019. "If You Think 9-Ending Prices Are Low, Think Again," Working Paper series 19-14, Rimini Centre for Economic Analysis.
• William Irungu Ng'Ang'A & Julien Chevallier & Simon Wagura Ndiritu, 2019. "Primary balance dynamics and public debt sustainability in Kenya," Working Papers halshs-02120613, HAL.
• Deng, Kent & Shengmin, Sun, 2019. "China’s extraordinary population expansion and its determinants during the qing period, 1644-1911," LSE Research Online Documents on Economics 100921, London School of Economics and Political Science, LSE Library.
• Richard H. Clarida, 2019. "The Federal Reserve's Review of Its Monetary Policy Strategy, Tools, and Communication Practices : a speech at the Conference on Monetary Policy Strategy, Tools, and Communication Practices (A Fed Lis," Speech 1071, Board of Governors of the Federal Reserve System (U.S.).
• Marcin Hołda, 2019. "Newspaper-based economic uncertainty indices for Poland," NBP Working Papers 310, Narodowy Bank Polski.
• 深尾, 京司 & Fukao, Kyoji & 牧野, 達治 & Makino, Tatsuji & 攝津, 斉彦 & Settsu, Tokihiko, 2019. "日本経済の成長会計分析：1885-1970年, Structural Change, Capital Deepening, and TFP Growth in Japan: 1885-1970," Discussion Paper Series 692, Institute of Economic Research, Hitotsubashi University.
• Emre Alper & Benedict J. Clements & Niko A Hobdari & Rafel Moyà Porcel, 2019. "Do Interest Rate Controls Work? Evidence from Kenya," IMF Working Papers 19/119, International Monetary Fund.
• Eyal Argov & Shay Tsur, 2019. "A Long-Run Growth Model for Israel," Bank of Israel Working Papers 2019.04, Bank of Israel.
• Szabolcs Deák & Paul Levine & Afrasiab Mirza & Joseph Pearlman, 2019. "Designing Robust Monetary Policy Using Prediction Pools," School of Economics Discussion Papers 1219, School of Economics, University of Surrey.
• Luca Pensieroso & Romain Restout, 2019. "The Gold Standard and the Great Depression: a Dynamic General Equilibrium Model," Working Papers of BETA 2019-23, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.