Report NEP-MAC-2019-06-24

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?," IZA Discussion Papers 12365, Institute of Labor Economics (IZA).
• Robert Calvert Jump & Engelbert Stockhammer, 2019. "Reconsidering the natural rate hypothesis," FMM Working Paper 45-2019, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
• Gabriel Chodorow-Reich & Loukas Karabarbounis & Rohan Kekre, 2019. "The Macroeconomics of the Greek Depression," NBER Working Papers 25900, National Bureau of Economic Research, Inc.
• Galli, Carlo, 2019. "Self-fulfilling debt crises, fiscal policy and investment," LSE Research Online Documents on Economics 100942, London School of Economics and Political Science, LSE Library.
• Takuji Fueki & Kohei Maehashi, 2019. "Inflation Dynamics in the Age of Robots: Evidence and Some Theory," Bank of Japan Working Paper Series 19-E-9, Bank of Japan.
• Thomas I. Palley, 2019. "What's Wrong With Modern Money Theory (MMT): A Critical Primer," FMM Working Paper 44-2019, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
• Mengheng Li & Ivan Mendieta-Munoz, 2019. "The multivariate simultaneous unobserved components model and identification via heteroskedasticity," Working Paper Series 2019/08, Economics Discipline Group, UTS Business School, University of Technology, Sydney.
• Michael McLeay & Silvana Tenreyro, 2019. "Optimal Inflation and the Identification of the Phillips Curve," NBER Working Papers 25892, National Bureau of Economic Research, Inc.
• Hibiki Ichiue & Maiko Koga & Tatsushi Okuda & Tatsuya Ozaki, 2019. "Households' Liquidity Constraint, Optimal Attention Allocation, and Inflation Expectations," Bank of Japan Working Paper Series 19-E-8, Bank of Japan.
• Gonzalez, Ignacio & Trivin, Pedro, 2019. "The Global Rise of Asset Prices and the Decline of the Labor Share," MPRA Paper 94587, University Library of Munich, Germany.
• Ayres, JoaÞo & García, Marcio & Guillen, Diogo & Kehoe, Patrick, 2019. "The Monetary and Fiscal History of Brazil, 1960-2016," IDB Publications (Working Papers) 9602, Inter-American Development Bank.
• Carli, Francesco & Gomis Porqueras, Pedro, 2019. "Real consequences of open market operations: the role of limited commitment," MPRA Paper 94088, University Library of Munich, Germany.
• Hohberger, Stefan & Priftis, Romanos & Vogel, Lukas, 2018. "The distributional effects of conventional monetary policy and quantitative easing: Evidence from an estimated DSGE model," JRC Working Papers in Economics and Finance 2018-12, Joint Research Centre, European Commission.
• Rujiwattanapong, W. Similan, 2019. "Unemployment dynamics and endogenous unemployment insurance extensions," LSE Research Online Documents on Economics 100948, London School of Economics and Political Science, LSE Library.
• Kotsogiannis, Christos & Mateos-Planas, Xavier, 2019. "Tax evasion as contingent debt," LSE Research Online Documents on Economics 100941, London School of Economics and Political Science, LSE Library.
• Damar, H. Evren & Gropp, Reint E. & Mordel, Adi, 2019. "Banks' funding stress, lending supply and consumption expenditure," IWH Discussion Papers 11/2019, Halle Institute for Economic Research (IWH).
• Luca MAzzone, 2019. "On the Solution of High-Dimensional Macro Models with Distributional Channels," Swiss Finance Institute Research Paper Series 19-01, Swiss Finance Institute.
• David Gabauer & Rangan Gupta, 2019. "Spillovers across Macroeconomic, Financial and Real Estate Uncertainties: A Time-Varying Approach," Working Papers 201944, University of Pretoria, Department of Economics.
• El-Shagi, Makram & von Schweinitz, Gregor, 2019. "Fiscal policy and fiscal fragility: Empirical evidence from the OECD," IWH Discussion Papers 13/2019, Halle Institute for Economic Research (IWH).
• Rishab Guha & Serena Ng, 2019. "A Machine Learning Analysis of Seasonal and Cyclical Sales in Weekly Scanner Data," NBER Working Papers 25899, National Bureau of Economic Research, Inc.
• Bitros, George C., 2019. "Demand adjusted capital input and potential output in the context of U.S. economic growth," MPRA Paper 94146, University Library of Munich, Germany.
• Johanna Garnitz & Robert Lehmann & Klaus Wohlrabe, 2019. "Forecasting GDP all over the world using leading indicators based on comprehensive survey data," CESifo Working Paper Series 7691, CESifo.
• Boneva, Lena & Cloyne, James & Weale, Martin & Wieladek, Tomasz, 2019. "Firms' price, cost and activity expectations: evidence from micro data," LSE Research Online Documents on Economics 100943, London School of Economics and Political Science, LSE Library.
• Rybacki, Jakub, 2019. "Forward Guidance and the private forecast disagreement – case of Poland," MPRA Paper 94465, University Library of Munich, Germany.
• Ayres, Joao & Garcia, Marcio & Guillen, Diogo & Kehoe, Patrick J., 2018. "The monetary and fiscal history of Brazil, 1960-2016," LSE Research Online Documents on Economics 100935, London School of Economics and Political Science, LSE Library.
• Jean-Christophe Delfim & Martin Hoesli, 2019. "Real Estate Performance, the Macroeconomy and Leverage," Swiss Finance Institute Research Paper Series 19-33, Swiss Finance Institute.
• Shah, Syed Sibghatullah, 2019. "On Trust Dynamics of Economic Growth," MPRA Paper 94095, University Library of Munich, Germany, revised 30 May 2019.
• James D. Hamilton, 2019. "Perspectives on U.S. Monetary Policy Tools and Instruments," NBER Working Papers 25911, National Bureau of Economic Research, Inc.
• Hapanyengwi, Hamadziripi Oscar & Mutongi, Chipo & Nyoni, Thabani, 2019. "Understanding Inflation Dynamics in the kingdom of Eswantini: A Univariate Approach," MPRA Paper 94560, University Library of Munich, Germany, revised 18 Jun 2019.
• Georgarakos, Dimitris & Tatsiramos, Konstantinos, 2019. "Monetary Policy Transmission to Consumer Financial Stress and Durable Consumption," IZA Discussion Papers 12359, Institute of Labor Economics (IZA).
• Murray, Tim, 2019. "Do potential future health shocks keep older Americans from using their housing equity?," MPRA Paper 94463, University Library of Munich, Germany.
• Cravo, Tulio & Schimanski, Caroline, 2019. "Who Suffers During Recessions in Brazil?," IDB Publications (Working Papers) 9546, Inter-American Development Bank.
• Kontogeorgos, Georgios & Lambrias, Kyriacos, 2019. "An analysis of the Eurosystem/ECB projections," Working Paper Series 2291, European Central Bank.
• International Monetary Fund, 2019. "Islamic Republic of Mauritania; Third Review Under the Extended Credit Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Mauritania," IMF Staff Country Reports 19/145, International Monetary Fund.
• Melo-Velandia, Luis Fernando & Loaiza, Rubén & Villamizar-Villegas, Mauricio, 2019. "Bayesian Combination for Inflation Forecasts: The Effects of a Prior Based on Central Banks’ Estimates," Working papers 8, Red Investigadores de Economía.
• Echavarría, Juan José & Giraldo, Iader & Jaramillo, Fernando, 2019. "Cadenas globales de valor, crecimiento y protección arancelaria en Colombia," Working papers 9, Red Investigadores de Economía.
• International Monetary Fund, 2019. "Qatar; 2019 Article IV Consultation-Press Release; Staff Report," IMF Staff Country Reports 19/146, International Monetary Fund.
• Drechsel, Thomas & Tenreyro, Silvana, 2018. "Commodity booms and busts in emerging economies," LSE Research Online Documents on Economics 86517, London School of Economics and Political Science, LSE Library.
• Nooman Rebei & Rashid Sbia, 2019. "Transitory and Permanent Shocks in the Global Market for Crude Oil," AMSE Working Papers 1918, Aix-Marseille School of Economics, France.
• International Monetary Fund, 2017. "Cyprus; 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cyprus," IMF Staff Country Reports 17/375, International Monetary Fund.
• Olga Diukanova & Andrea Conte & Simone Salotti, 2019. "An assessment of IPA public investment in R&I in Albania," JRC Research Reports JRC115438, Joint Research Centre.
• International Monetary Fund, 2019. "Zimbabwe; Staff-Monitored Program-Press Release and Staff Report," IMF Staff Country Reports 19/144, International Monetary Fund.
• André Binette & Karyne B. Charbonneau & Nicholas Curtis & Gabriela Galassi & Scott Counts & Justin Cranshaw, 2019. "Online Job Seekers in Canada: What Can We Learn from Bing Job Queries?," Staff Analytical Notes 2019-18, Bank of Canada.
• Eduardo Rosas Rojas & Mónica C. Mimbrera Delgado, 2018. "Inflación y volatilidad cambiaria en México (1969-2017)," Ensayos de Economía 17297, Universidad Nacional de Colombia Sede Medellín.
• Langedijk, Sven & Fontana, Alessandro, 2019. "The Bank-Sovereign Loop and Financial Stability in the Euro Area," JRC Working Papers in Economics and Finance 2019-10, Joint Research Centre, European Commission.
• Altavilla, Carlo & Burlon, Lorenzo & Giannetti, Mariassunta & Holton, Sarah, 2019. "Is there a zero lower bound? The effects of negative policy rates on banks and firms," Working Paper Series 2289, European Central Bank.
• Oulton, Nicholas, 2019. "GDP is a measure of output, not welfare: or, HOS meets the SNA," LSE Research Online Documents on Economics 100945, London School of Economics and Political Science, LSE Library.
• José U. Mora Mora & Alberto J. Hurtado Briceño & Sadcidi Zerpa de Hurtado, 2019. "Reactivando el Dinamismo de MERCOSUR Un Enfoque Monetario," Working Papers 45, Faculty of Economics and Management, Pontificia Universidad Javeriana Cali.
• Barbiellini Amidei, Federico & Gomellini, Matteo & Piselli, Paolo, 2019. "The price of demography," MPRA Paper 94435, University Library of Munich, Germany.
• Jess Benhabib & Bálint Szőke, 2019. "Optimal Positive Capital Taxes at Interior Steady States," NBER Working Papers 25895, National Bureau of Economic Research, Inc.
• International Monetary Fund, 2019. "Norway; 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Norway," IMF Staff Country Reports 19/159, International Monetary Fund.
• Antoni, Manfred & Sondershaus, Talina, 2021. "Do asset purchase programmes shape industry dynamics? Evidence from the ECB's SMP on plant entries and exits," IWH Discussion Papers 12/2019, Halle Institute for Economic Research (IWH), revised 2021.
• International Monetary Fund, "undated". "Republic of Mozambique; 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Mozambique," IMF Staff Country Reports 91/166, International Monetary Fund.
• Razak, Nursakina & Masih, Mansur, 2018. "Does income or house price lead in the public housing market? a case study of Singapore’s public housing sector," MPRA Paper 94212, University Library of Munich, Germany.
• Gharleghi, Behrooz, 2019. "Eurasia Integration Index," MPRA Paper 94347, University Library of Munich, Germany.
• Volker Grossmann & Benjamin Larin & Hans Torben Löfflad & Thomas Steger, 2019. "Distributional effects of surging housing costs under Schwabe's Law," CESifo Working Paper Series 7684, CESifo.
• Jack Favilukis & Pierre Mabille & Stijn Van Nieuwerburgh, 2019. "Affordable Housing and City Welfare," NBER Working Papers 25906, National Bureau of Economic Research, Inc.
• Maxime Menuet, 2019. "Fiscal rule and shock amplification : A stochastic endogenous growth model," Working Papers hal-02153887, HAL.
• Kym Anderson & Sundar Ponnusamy, 2018. "Structural transformation to manufacturing and services: what role for trade?," Departmental Working Papers 2018-26, The Australian National University, Arndt-Corden Department of Economics.
• Oulton, Nicholas & Rincon-Aznar, Ana & Samek, Lea & Srinivasan, Sylaja, 2018. "Double deflation: theory and practice," LSE Research Online Documents on Economics 100927, London School of Economics and Political Science, LSE Library.
• International Monetary Fund, 2019. "Czech Republic; 2019 Article IV Consultation-Press Release and Staff Report," IMF Staff Country Reports 19/160, International Monetary Fund.
• Mills, Terence C. & Capie, Forrest & Goodhart, C. A. E., 2019. "The slope of the term structure and recessions:: evidence from the UK, 1822 – 2016," LSE Research Online Documents on Economics 100964, London School of Economics and Political Science, LSE Library.
• Jan Behringer & Till van Treeck, 2019. "The Corporate Sector and the Current Account," FMM Working Paper 43-2019, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
• Brandolini, Andrea & Rosolia, Alfonso, 2019. "The Distribution of Well-Being among Europeans," IZA Discussion Papers 12350, Institute of Labor Economics (IZA).
• Ahiadorme, Johnson Worlanyo & Sonyo, Emmanuel & Ahiase, Godwin, 2019. "Time series analysis of interest rates volatility and stock returns in Ghana," MPRA Paper 94292, University Library of Munich, Germany.
• Brey, Björn & Hertweck, Matthias S., 2019. "Agricultural productivity shocks and poverty in India: The short- and long-term effects of monsoon rainfall," Discussion Papers 18/2019, Deutsche Bundesbank.
• Vejlin, Rune Majlund & Veramendi, Gregory, 2019. "Sufficient Statistics for Frictional Wage Dispersion and Growth," IZA Discussion Papers 12387, Institute of Labor Economics (IZA).
• Maxime Menuet & Alexandru Minea & Patrick Villieu, 2019. "Increasing Returns, Balanced-Budget Rules, and Aggregate Fluctuations," Working Papers hal-02153853, HAL.
• Zachary Parolin, 2019. "Automation and Occupational Wage Trends: What Role for Unions and Collective Bargaining?," LIS Working papers 767, LIS Cross-National Data Center in Luxembourg.
• FUJIWARA Ippei & HORI Shunsuke & WAKI Yuichiro, 2019. "Generational War on Inflation: Optimal Inflation Rates for the Young and the Old," Discussion papers 19021, Research Institute of Economy, Trade and Industry (RIETI).
• Bakari, Sayef & Sofien, Tiba, 2019. "The Impact of Trade Openness, Foreign Direct Investment and Domestic Investment on Economic Growth: New Evidence from Asian Developing Countries," MPRA Paper 94453, University Library of Munich, Germany.
• Richiardi, Matteo G. & Valenzuela, Luis, 2019. "Firm Heterogeneity and the Aggregate Labour Share," MPRA Paper 94561, University Library of Munich, Germany.
• Teodora Diana Corsatea & Soeren Lindner & Inaki Arto & Maria Victoria Roman & Jose Manuel Rueda-Cantuche & Agustin Velezquez Afonso & Antonio F. Amores & Frederik Neuwahl, 2019. "World Input-Output Database Environmental Accounts," JRC Research Reports JRC116234, Joint Research Centre.
• Maxime Menuet & Alexandru Minea & Patrick Villieu, 2019. "Endogenous fluctuations and the balanced-budget rule: taxes versus spending-based adjustment," Working Papers hal-02153840, HAL.
• Paolo Bertoletti & Federico Etro, 2019. "Monopolistic Competition with GAS Preferences," Working Papers - Economics wp2019_17.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
• NISHIOKA Shuichiro & TANAKA Mari, 2019. "Measuring Markups from Revenue and Total Cost: An Application to Japanese Plant-Product Matched Data," Discussion papers 19018, Research Institute of Economy, Trade and Industry (RIETI).
• Wu, Dong Frank & Schneider, Friedrich, 2019. "Nonlinearity between the Shadow Economy and Level of Development," IZA Discussion Papers 12385, Institute of Labor Economics (IZA).
• Hart, Robert A., 2019. "Labor Productivity during the Great Depression in UK Manufacturing," IZA Discussion Papers 12379, Institute of Labor Economics (IZA).
• Li, Yiting & Wang, Chien-Chiang, 2019. "Cryptocurrency, Imperfect Information, and Fraud," MPRA Paper 94309, University Library of Munich, Germany.
• Roy Bahl & Baoyun Qiao, 2019. "Financing metropolitan government in Beijing City," MPDD Working Paper Series WP/19/01, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
• Pawel Bukowski & Filip Novokmet, 2019. "Between communism and capitalism: long-term inequality in Poland, 1892-2015," CEP Discussion Papers dp1628, Centre for Economic Performance, LSE.
• Snir, Avichai & Levy, Daniel, 2019. "If You Think 9-Ending Prices Are Low, Think Again," MPRA Paper 94469, University Library of Munich, Germany.
• Snir, Avichai & Levy, Daniel, 2019. "If You Think 9-Ending Prices Are Low, Think Again," EconStor Preprints 198044, ZBW - Leibniz Information Centre for Economics.
• Sergio Mayordomo & Antonio Moreno & Steven Ongena & Maria Rodriguez-Moreno, 2019. "Bank Capital Requirements, Loan Guarantees and Firm Performance," Swiss Finance Institute Research Paper Series 19-28, Swiss Finance Institute, revised Jun 2019.
• Luis Cárdenas & Paloma Villanueva & Ignacio Álvarez & Jorge Uxó, 2018. "Peripheral Europe beyond the Troika. Assessing the 'success' of structural reforms in driving the Spanish recovery," FMM Working Paper 40-2018, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
• Thomas I. Palley, 2019. "Inequality and Stagnation by Policy Design," FMM Working Paper 42-2019, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
• Daniel Levy & Avichai Snir, 2019. "If You Think 9-Ending Prices Are Low, Think Again," Working Papers 2019-06, Bar-Ilan University, Department of Economics.
• Ioana Moldovan & Shu-Chun Susan Yang & Luis-Felipe Zanna, 2019. "Optimal Fiscal Spending and Reserve Accumulation Policies under Volatile Aid," IMF Working Papers 19/126, International Monetary Fund.
• Jakhotiya, Girish, 2019. "Why and how the western economists should reorient their thinking?," MPRA Paper 94318, University Library of Munich, Germany.