Report NEP-MAC-2020-05-11

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:

• Ricardo J. Caballero & Alp Simsek, 2020. "A Model of Endogenous Risk Intolerance and LSAPs: Asset Prices and Aggregate Demand in a “Covid-19” Shock," NBER Working Papers 27044, National Bureau of Economic Research, Inc.
• Saroj Dhital & Pedro Gomis-Porqueras & Joseph H. Haslag, 2020. "Monetary and Fiscal Policy Interactions in a Frictional Model of Money, Nominal Public Debt and Banking," Working Papers 2002, Department of Economics, University of Missouri.
• Di Serio, Mario & Fragetta, Matteo & Gasteiger, Emanuel, 2020. "The government spending multiplier at the zero lower bound: Evidence from the United States," ECON WPS - Working Papers in Economic Theory and Policy 04/2020, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
• Weshah Razzak, 2020. "The Riddle of the Natural Rate of Interest," Discussion Papers 2006, School of Economics and Finance, Massey University, New Zealand.
• Ashima Goyal, 2020. "Post Covid-19: Recovering and sustaining India's growth," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2020-016, Indira Gandhi Institute of Development Research, Mumbai, India.
• Matteo Luciani, 2020. "Common and Idiosyncratic Inflation," Finance and Economics Discussion Series 2020-024, Board of Governors of the Federal Reserve System (U.S.).
• Jane E. Ihrig & Zeynep Senyuz & Gretchen C. Weinbach, 2020. "The Fed’s “Ample-Reserves” Approach to Implementing Monetary Policy," Finance and Economics Discussion Series 2020-022, Board of Governors of the Federal Reserve System (U.S.).
• Peter Andre & Carlo Pizzinelli & Christopher Roth & Johannes Wohlfart, 2019. "Subjective Models Of The Macroeconomy: Evidence From Experts And A Representative Sample," CEBI working paper series 19-11, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
• E Philip Davis & Dilruba Karim & Dennison Noel, 2020. "The Effects of Macroprudential Policy on Banks' Profitability," National Institute of Economic and Social Research (NIESR) Discussion Papers 514, National Institute of Economic and Social Research.
• Lydia Cox & Gernot Müller & Ernesto Pasten & Raphael S. Schoenle & Michael Weber & Michael Weber, 2020. "Big G," CESifo Working Paper Series 8229, CESifo.
• Hristov, Nikolay & Hülsewig, Oliver & Scharler, Johann, 2020. "Unconventional monetary policy shocks in the euro area and the sovereign-bank nexus," Discussion Papers 19/2020, Deutsche Bundesbank.
• Lydia Cox & Gernot Müller & Ernesto Pastén & Raphael Schoenle & Michael Weber, 2020. "Big G," NBER Working Papers 27034, National Bureau of Economic Research, Inc.
• Adam Pigoñ & Micha³ Ramsza, 2019. "A comparison of Swiss, German and Polish fiscal rules using Monte Carlo simulations," IBS Working Papers 10/2019, Instytut Badan Strukturalnych.
• Hie Joo Ahn & Leland D. Crane, 2020. "Dynamic Beveridge Curve Accounting," Finance and Economics Discussion Series 2020-027, Board of Governors of the Federal Reserve System (U.S.).
• Bernard Dumas & Marcel R. Savioz, 2020. "A theory of the nominal character of stock securities," Working Papers 2020-03, Swiss National Bank.
• Dirk Krueger & Harald Uhlig & Taojun Xie, 2020. "Macroeconomic Dynamics and Reallocation in an Epidemic: Evaluating the “Swedish Solution”," NBER Working Papers 27047, National Bureau of Economic Research, Inc.
• Konstantin A. Kholodilin & Malte Rieth, 2020. "Viral Shocks to the World Economy," Discussion Papers of DIW Berlin 1861, DIW Berlin, German Institute for Economic Research.
• Hertrich, Markus, 2020. "Foreign exchange interventions under a one-sided target zone regime and the Swiss franc," Discussion Papers 21/2020, Deutsche Bundesbank.
• Barbara Rossi, 2019. "Forecasting in the presence of instabilities: How do we know whether models predict well and how to improve them," Economics Working Papers 1711, Department of Economics and Business, Universitat Pompeu Fabra, revised Jul 2021.
• Michael Cai & Marco Del Negro & Edward P. Herbst & Ethan Matlin & Reca Sarfati & Frank Schorfheide, 2020. "Online Estimation of DSGE Models," Finance and Economics Discussion Series 2020-023, Board of Governors of the Federal Reserve System (U.S.).
• Scott R. Baker & Lorenz Kueng & Leslie McGranahan & Brian Melzer, 2020. "Do Household Finances Constrain Unconventional Fiscal Policy?," Swiss Finance Institute Research Paper Series 20-32, Swiss Finance Institute.
• Régis Barnichon & Geert Mesters, 2020. "Optimal policy perturbations," Economics Working Papers 1716, Department of Economics and Business, Universitat Pompeu Fabra.
• Harrison Hong & Neng Wang & Jinqiang Yang, 2020. "Mitigating Disaster Risks in the Age of Climate Change," NBER Working Papers 27066, National Bureau of Economic Research, Inc.
• Travis J. Berge & Maarten De Ridder & Damjan Pfajfar, 2020. "When is the Fiscal Multiplier High? A Comparison of Four Business Cycle Phases," Finance and Economics Discussion Series 2020-026, Board of Governors of the Federal Reserve System (U.S.).
• J. Ignacio Garcia-Perez & Sílvio Rendon, 2020. "Family Job Search and Wealth: The Added Worker Effect Revisited," Working Papers 20-17, Federal Reserve Bank of Philadelphia.
• Cem Cakmakli & Selva Demiralp & Sebnem Kalemli Ozcan & Sevcan Yesiltas & Muhammed Ali Yildirim, 2020. "COVID-19 and Emerging Markets: The Case of Turkey," Koç University-TUSIAD Economic Research Forum Working Papers 2011, Koc University-TUSIAD Economic Research Forum.
• Michiel De Pooter & Giovanni Favara & Michele Modugno & Jason J. Wu, 2020. "Monetary Policy Uncertainty and Monetary Policy Surprises," Finance and Economics Discussion Series 2020-032, Board of Governors of the Federal Reserve System (U.S.).
• Liu, Shih-fu & Huang, Wei-chi & Lai, Ching-chong, 2020. "Could Fiscal Policies Overcome a Deep Recession at the Zero Lower Bound?," MPRA Paper 99842, University Library of Munich, Germany.
• Maryam Farboodi & Gregor Jarosch & Robert Shimer, 2020. "Internal and External Effects of Social Distancing in a Pandemic," NBER Working Papers 27059, National Bureau of Economic Research, Inc.
• Ritzen, Jo & Lopez, Javi & Knottnerus, Andre & Perez Moreno, Salvador & Papandreou, George & Zimmermann, Klaus F., 2020. "Taking the challenge: A joint European policy response to the corona crisis to strengthen the public sector and restart a more sustainable and social Europe," MERIT Working Papers 2020-015, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
• Fernando Broner & Alberto Martin & Jaume Ventura, 2020. "On Public Spending and Unions," Economics Working Papers 1715, Department of Economics and Business, Universitat Pompeu Fabra, revised Nov 2020.
• Foellmi, Reto & Jaeggi, Adrian & Schnell, Fabian, 2020. "Currency appreciation, distance to border and price changes: Evidence from Swiss retail prices," Economics Working Paper Series 2007, University of St. Gallen, School of Economics and Political Science.
• Pierpaolo Benigno & Salvatore Nisticò, 2020. "The Economics of Helicopter Money," Working Papers CASMEF 2001, Dipartimento di Economia e Finanza, LUISS Guido Carli.
• Soeren Leth-Petersen & Henrik Yde Andersen, 2019. "Housing Wealth or Collateral: How Home Value Shocks Drive Home Equity Extraction and Spending," CEBI working paper series 19-06, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
• Item repec:gla:glaewp:2020-03 is not listed on IDEAS anymore

• Andrew Glover & Jonathan Heathcote & Dirk Krueger & José-Víctor Ríos-Rull, 2020. "Health versus Wealth: On the Distributional Effects of Controlling a Pandemic," NBER Working Papers 27046, National Bureau of Economic Research, Inc.
• Olivier Coibion & Yuriy Gorodnichenko & Lorenz Kueng & John Silvia, 2020. "Innocent Bystanders? Monetary Policy and Inequality in the U.S," Swiss Finance Institute Research Paper Series 20-36, Swiss Finance Institute.
• Lieb, Lenard & Schuffels, Johannes, 2020. "Inflation expectations and consumer spending: the role of household balance sheets (RM/19/022-revised-)," Research Memorandum 006, Maastricht University, Graduate School of Business and Economics (GSBE).
• Adriano A. Rampini, 2020. "Sequential Lifting of COVID-19 Interventions with Population Heterogeneity," NBER Working Papers 27063, National Bureau of Economic Research, Inc.
• Kyungmin Kim & Antoine Martin & Gara Minguez-Afonso & Ed Nosal & Simon M. Potter & Sam Schulhofer-Wohl, 2020. "Monetary Policy Implementation with an Ample Supply of Reserves," Finance and Economics Discussion Series 2020-020, Board of Governors of the Federal Reserve System (U.S.).
• Kilponen, Juha, 2020. "Koronaviruskriisi leikkaa syvän loven Suomen talouteen," BoF Economics Review 3/2020, Bank of Finland.
• Kenza Benhima & Dr. Rachel Cordonier, 2020. "News, sentiment and capital flows," Working Papers 2020-04, Swiss National Bank.
• Schön, Matthias, 2020. "Long-term outlook for the German statutory pension system," Discussion Papers 22/2020, Deutsche Bundesbank.
• John H. Rogers & Jiawen Xu, 2019. "How Well Does Economic Uncertainty Forecast Economic Activity?," Finance and Economics Discussion Series 2019-085, Board of Governors of the Federal Reserve System (U.S.).
• Eric Kemp-Benedict, 2020. "Macroeconomic impacts of the public health response to COVID-19," Working Papers PKWP2011, Post Keynesian Economics Society (PKES).
• International Monetary Fund, 2020. "Republic of Moldova; Staff Report for the 2020 Request for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by ," IMF Staff Country Reports 20/129, International Monetary Fund.
• Henn, Karola & Islam, Chris-Gabriel & Schwind, Patrick & Wieland, Elisabeth, 2020. "Measuring price dynamics of package holidays with transaction data," Discussion Papers 24/2020, Deutsche Bundesbank.
• Chang Ma & John H. Rogers & Sili Zhou, 2019. "The Effect of the China Connect," Finance and Economics Discussion Series 2019-087, Board of Governors of the Federal Reserve System (U.S.).
• Raphael A. Auer & Stijn Claessens, 2020. "Cryptocurrency Market Reactions to Regulatory News," CESifo Working Paper Series 8228, CESifo.
• Dr. Stefanie Behncke, 2020. "Effects of macroprudential policies on bank lending and credit risks," Working Papers 2020-06, Swiss National Bank.
• International Monetary Fund, 2020. "Samoa; Request for Disbursement Under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Samoa," IMF Staff Country Reports 20/138, International Monetary Fund.
• Jiranyakul, Komain, 2020. "The Linkages between Inflation and Inflation Uncertainty in Selected Asian Economies: Evidence from Quantile Regression," MPRA Paper 99868, University Library of Munich, Germany.
• Jean Flemming, 2020. "Costly Commuting and the Job Ladder," Finance and Economics Discussion Series 2020-025, Board of Governors of the Federal Reserve System (U.S.).
• Ademmer, Martin & Jannsen, Nils & Mösle, Saskia, 2020. "Extreme weather events and economic activity: The case of low water levels on the Rhine river," Kiel Working Papers 2155, Kiel Institute for the World Economy (IfW Kiel).
• International Monetary Fund, 2020. "Bosnia and Herzegovina; Request for Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Bosnia and Herzegovina," IMF Staff Country Reports 20/126, International Monetary Fund.
• Abuselidze, George, 2019. "Influence of Central Bank Regulations on Interbank Competition in Association with EU," MPRA Paper 99899, University Library of Munich, Germany.
• Edouard Schaal & Mathieu Taschereau-Dumouchel, 2020. "Herding cycles," Economics Working Papers 1714, Department of Economics and Business, Universitat Pompeu Fabra, revised May 2023.
• Stefano Di Bucchianico, 2020. "A note on financialization from a Classical-Keynesian standpoint," Department of Economics University of Siena 824, Department of Economics, University of Siena.
• Christian A. Moser & Pierre Yared, 2020. "Pandemic Lockdown: The Role of Government Commitment," NBER Working Papers 27062, National Bureau of Economic Research, Inc.
• Anna Kovner, 2020. "Panel Remarks: The Fed and Main Street during the Coronavirus Pandemic," Speech 87862, Federal Reserve Bank of New York.
• Victoria Ivashina & Luc Laeven & Enrique Moral-Benito, 2020. "Loan Types and the Bank Lending Channel," NBER Working Papers 27056, National Bureau of Economic Research, Inc.
• Yongsung Chang & Jay. H. Hong & Marios Karabarbounis & Yicheng Wang, 2020. "Income Volatility and Portfolio Choices," Working Paper Series no131, Institute of Economic Research, Seoul National University.
• Fokin, Nikita (Фокин, Никита), 2020. "Assessment of the change in the trajectory of adaptation of the real ruble exchange rate to the equilibrium due to a change in the monetary policy regime [Оценка Изменения Траектории Приспособления," Working Papers 032012, Russian Presidential Academy of National Economy and Public Administration.
• International Monetary Fund, 2020. "Panama; 2020 Article IV Consultation-Press Release; and Staff Report," IMF Staff Country Reports 20/124, International Monetary Fund.
• International Monetary Fund, 2020. "Republic of North Macedonia; Request for Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for the Republic of North Macedonia," IMF Staff Country Reports 20/113, International Monetary Fund.
• Maurizio Iacopetta & Raoul Minetti & Pierluigi Murro, 2020. "Growing through Spinoffs. Corporate Governance, Entry, and Innovation," Working Papers CASMEF 2002, Dipartimento di Economia e Finanza, LUISS Guido Carli.
• International Monetary Fund, 2020. "Chad; Requests for Disbursement under the Rapid Credit Facility, Extension of the Extended Credit Facility Arrangement, and Rephasing of Access-Press Release; Staff Report; and Statement by the Execut," IMF Staff Country Reports 20/134, International Monetary Fund.
• Casey B. Mulligan, 2020. "Economic Activity and the Value of Medical Innovation during a Pandemic," NBER Working Papers 27060, National Bureau of Economic Research, Inc.
• Richard Blundell & Ran Gu & Soeren Leth-Petersen & Hamish Low & Costas Meghir, 2019. "Durables and Lemons: Private Information and the Market for Cars," CEBI working paper series 19-07, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
• Tan Schelling & Dr. Pascal Towbin, 2020. "Negative interest rates, deposit funding and bank lending," Working Papers 2020-05, Swiss National Bank.
• Masahiro Yamada & Takatoshi Ito, 2020. "Price Discovery and Liquidity Recovery: Forex Market Reactions to Macro Announcements," NBER Working Papers 27036, National Bureau of Economic Research, Inc.
• Thomas von Brasch & Ådne Cappelen & Håvard Hungnes & Terje Skjerpen, 2020. "Modeling R&D spillovers to productivity. The effects of tax policy," Discussion Papers 927, Statistics Norway, Research Department.
• International Monetary Fund, 2020. "The Gambia; Requests for Disbursement Under the Rapid Credit Facility and Modification of Performance Criteria Under the Extended Credit Facility Arrangement-Press Release; Staff Report; and Statement," IMF Staff Country Reports 20/131, International Monetary Fund.
• Ettore Gallo & Gustavo Pereira Serra, 2020. "Inventories, Debt Financing and Investment Decisions: A Bayesian Analysis for the US Economy," Working Papers 2005, New School for Social Research, Department of Economics.
• Lorenz Kueng, 2020. "Excess Sensitivity of High-Income Consumers," Swiss Finance Institute Research Paper Series 20-33, Swiss Finance Institute.
• International Monetary Fund, 2020. "Nigeria; Request for Purchase under the Rapid Financing Instrument -Press Release; Staff Report; and Statement by the Executive Director for Nigeria," IMF Staff Country Reports 20/142, International Monetary Fund.
• Item repec:aer:wpaper:162 is not listed on IDEAS anymore

• Bhaduri, Amit, 2020. "Reforming capitalist democracies: Which way?," IPE Working Papers 139/2020, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
• Jeff W. Huther & Luke Pettit & Mark Wilkinson, 2019. "Fiscal Flow Volatility and Reserves," FEDS Notes 2019-12-16, Board of Governors of the Federal Reserve System (U.S.).
• Messori, Marcello, 2020. "Europe�s debate on fiscal policy - Too much yet too little," CEPS Papers 26976, Centre for European Policy Studies.
• Olivier Coibion & Yuriy Gorodnichenko & Michael Weber & Michael Weber, 2020. "Labor Markets during the Covid-19 Crisis: A Preliminary View," CESifo Working Paper Series 8238, CESifo.
• Amat Adarov & Robert Stehrer, 2020. "New Productivity Drivers: Revisiting the Role of Digital Capital, FDI and Integration at Aggregate and Sectoral Levels," wiiw Working Papers 178, The Vienna Institute for International Economic Studies, wiiw.
• Christopher Roth & Sonja Settele & Johannes Wohlfart, 2020. "Beliefs About Public Debt and the Demand for Government Spending," CEBI working paper series 20-05, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
• International Monetary Fund, 2020. "Islamic Republic of Mauritania; Request for Disbursement Under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Mauritania," IMF Staff Country Reports 20/140, International Monetary Fund.
• Pelizzon, Loriana & Riedel, Max & Simon, Zorka & Subrahmanyam, Marti G., 2020. "Collateral eligibility of corporate debt in the Eurosystem," SAFE Working Paper Series 275, Leibniz Institute for Financial Research SAFE.
• Martin Brown & Nicole Hentschel & Hannes Mettler & Helmut Stix, 2020. "Financial Innovation, Payment Choice and Cash Demand - Causal Evidence from the Staggered Introduction of Contactless Debit Cards," Working Papers on Finance 2002, University of St. Gallen, School of Finance.
• International Monetary Fund, 2020. "Haiti; 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Haiti," IMF Staff Country Reports 20/121, International Monetary Fund.
• Siebert, Jan, 2020. "Are the poor more impatient than the rich? Experimental evidence on the effect of (lab) wealth on intertemporal preferences," Ruhr Economic Papers 845, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
• Nikolova, Milena & Nikolaev, Boris & Popova, Olga, 2020. "The Perceived Well-being and Health Costs of Exiting Self-Employment," GLO Discussion Paper Series 527, Global Labor Organization (GLO).
• Rückert, Désirée & Veugelers, Reinhilde & Weiss, Christoph, 2020. "The growing digital divide in Europe and the United States," EIB Working Papers 2020/07, European Investment Bank (EIB).
• Kajuth, Florian, 2020. "The German housing market cycle: Answers to FAQs," Discussion Papers 20/2020, Deutsche Bundesbank.
• Zarei, Samira, 2020. "Analyzing the Asymmetric Effects of Inflation and Exchange Rate Misalignments on the Petrochemical Stock index: The Case of Iran," MPRA Paper 99101, University Library of Munich, Germany.
• Knetsch, Thomas A., 2020. "Compilation of commercial property price indices for Germany tailored for policy use," Discussion Papers 25/2020, Deutsche Bundesbank.
• Sudha Narayanan & Shree Saha, 2020. "Urban food markets and the lockdown in India," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2020-017, Indira Gandhi Institute of Development Research, Mumbai, India.
• Lorenz Kueng, 2020. "Tax News Shocks and Consumption," Swiss Finance Institute Research Paper Series 20-30, Swiss Finance Institute.
• Jonathan S. Hartley & Urban Jermann, 2020. "Should the U.S. Government Issue Floating Rate Notes?," NBER Working Papers 27065, National Bureau of Economic Research, Inc.
• Gagnon, Nickolas & Bosmans, Kristof & Riedl, Arno, 2020. "The Effect of Unfair Chances and Gender Discrimination on Labor Supply," Research Memorandum 005, Maastricht University, Graduate School of Business and Economics (GSBE).
• Thomas Epper & Ernst Fehr & Helga Fehr-Duda & Claus Thustrup Kreiner & David Dreyer Lassen & Soeren Leth-Petersen & Gregers Nytoft Rasmussen, 2019. "Time Discounting and Wealth Inequality," CEBI working paper series 19-08, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
• Mario Crucini & Christopher Telmer, 2020. "Online Appendix to "Microeconomic Sources of Real Exchange Rate Variation"," Online Appendices 18-208, Review of Economic Dynamics.
• Zahra Murad & Robert Dowell, 2020. "Foreign visa salary requirement and natives’ reservation wages," Working Papers in Economics & Finance 2020-06, University of Portsmouth, Portsmouth Business School, Economics and Finance Subject Group.
• Orazio P. Attanasio & Torben Heien Nielsen, 2020. "Economic Resources, Mortality and Inequality," CEBI working paper series 20-06, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
• Gene M. Grossman & Elhanan Helpman & Ezra Oberfield & Thomas Sampson, 2020. "Endogenous Education and Long-Run Factor Shares," NBER Working Papers 27031, National Bureau of Economic Research, Inc.
• Donsimoni, Jean Roch & Glawion, René & Plachter, Bodo & Weiser, Constantin & Wälde, Klaus, 2020. "Should Contact Bans Be Lifted in Germany? A Quantitative Prediction of Its Effects," IZA Discussion Papers 13151, Institute of Labor Economics (IZA).
• Wolfgang Britz & Yaghoob Jafari & Alexandr Nekhay & Roberto Roson, 2020. "Modeling Trade and Income Distribution in Six Developing Countries A dynamic general equilibrium analysis up to the year 2050," Working Papers 2020:03, Department of Economics, University of Venice "Ca' Foscari".
• Jean Roch Donsimoni & Tobias Hartl & René Glawion & Jens Timmer & Bodo Plachter & Constantin Weiser & Enzo Weber & Klaus Wälde, 2020. "Covid-19 in Deutschland – Erklärung, Prognose und Einfluss gesundheitspolitischer Maßnahmen," Working Papers 2012, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
• Ötsch, Walter, 2020. "What type of crisis is this? The coronavirus crisis as a crisis of the economicised society," Working Paper Serie des Instituts für Ökonomie 57, Hochschule für Gesellschaftsgestaltung (HfGG), Institut für Ökonomie.