Report NEP-MAC-2020-11-16

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:

• Eric McCoy, 2020. "Euro-US Dollar Exchange Rate Dynamics at the Effective Lower Bound," European Economy - Economic Briefs 055, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
• Fernando M. Martin, 2020. "Fiscal Dominance," Working Papers 2020-040, Federal Reserve Bank of St. Louis, revised 26 Aug 2023.
• Evan Karson & Christopher J. Neely, 2020. "More Stories of Unconventional Monetary Policy," Working Papers 2020-043, Federal Reserve Bank of St. Louis.
• Abdoulaye Millogo, 2020. "Hysteresis Effects and Macroeconomics Gains from Unconventional Monetary Policies Stabilization," Cahiers de recherche 20-12, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
• Luca Fornaro & Martin Wolf, 2020. "The scars of supply shocks: Implications for monetary policy," Economics Working Papers 1748, Department of Economics and Business, Universitat Pompeu Fabra, revised Mar 2023.
• Vasily Astrov & Alexandra Bykova & Rumen Dobrinsky & Richard Grieveson & Doris Hanzl-Weiss & Gabor Hunya & Sebastian Leitner & Isilda Mara & Olga Pindyuk & Leon Podkaminer & Sandor Richter & Bernd Chr, 2020. "Monthly Report No. 5/2020," wiiw Monthly Reports 2020-05, The Vienna Institute for International Economic Studies, wiiw.
• Lorant Kaszab & Ales Marsal & Katrin Rabitsch, 2020. "Trend inflation meets macro-finance: the puzzling behavior of price dispersion," Department of Economics Working Papers wuwp304, Vienna University of Economics and Business, Department of Economics.
• Pattanaik, Sitikantha & Muduli, Silu & Ray, Soumyajit, 2020. "Inflation expectations of households: do they influence wage-price dynamics in India?," MPRA Paper 103685, University Library of Munich, Germany.
• Ia Vardishvili, 2020. "Entry Decision, the Option to Delay Entry, and Business Cycles," Auburn Economics Working Paper Series auwp2020-07, Department of Economics, Auburn University.
• Martínez-Hernández, Catalina, 2020. "Disentangling the effects of multidimensional monetary policy on inflation and inflation expectations in the euro area," Discussion Papers 2020/18, Free University Berlin, School of Business & Economics.
• Landwehr, Jannik J., 2020. "The case for a job guarantee policy in Germany: A political-economic analysis of the potential benefits and obstacles," IPE Working Papers 150/2020, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
• Paul J.J. Welfens, 2020. "Doubts on the Role of Disturbance Variance in New Keynesian Models and Suggested Refinements," EIIW Discussion paper disbei275, Universitätsbibliothek Wuppertal, University Library.
• Viktor Marinkov, 2020. "Communication at the Zero Lower Bound: The Case for Forward Guidance," Economics Series Working Papers 923, University of Oxford, Department of Economics.
• Abdoulaye Millogo, 2020. "Hysteresis effects and financial frictions," Cahiers de recherche 20-14, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
• Makram El-Shagi & Kiril Tochkov, 2020. "Shadow of the Colossus: Euro Area Spillovers and Monetary Policy in Central and Eastern Europe," CFDS Discussion Paper Series 2020/7, Center for Financial Development and Stability at Henan University, Kaifeng, Henan, China.
• Nataliia Ostapenko, 2020. "Macroeconomic expectations: news sentiment analysis," Bank of Estonia Working Papers wp2020-5, Bank of Estonia, revised 13 Aug 2020.
• Nomaler, Önder & Spinola, Danilo & Verspagen, Bart, 2020. "Schumpeter and Keynes: Economic growth in a super-multiplier model," MERIT Working Papers 2020-049, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
• Hang Bai & Lu Zhang, 2020. "Searching for the Equity Premium," NBER Working Papers 28001, National Bureau of Economic Research, Inc.
• Joseph G. Haubrich, 2020. "Does the Yield Curve Predict Output?," Working Papers 20-34, Federal Reserve Bank of Cleveland.
• James Yetman, 2020. "Pass-through from short-horizon to long-horizon inflation expectations, and the anchoring of inflation expectations," BIS Working Papers 895, Bank for International Settlements.
• Jonathon Hazell & Juan Herreño & Emi Nakamura & Jón Steinsson, 2020. "The Slope of the Phillips Curve: Evidence from U.S. States," NBER Working Papers 28005, National Bureau of Economic Research, Inc.
• Jan Philipp Fritsche & Patrick Christian Harms, 2020. "Better off without the Euro? A Structural VAR Assessment of European Monetary Policy," Discussion Papers of DIW Berlin 1907, DIW Berlin, German Institute for Economic Research.
• Oguzhan Cepni & Yavuz Selim Hacihasanoglu & Muhammed Hasan Yilmaz, 2020. "Credit Decomposition and Economic Activity in Turkey: A Wavelet-Based Approach," Working Papers 2014, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
• Jon Ellingsen & Vegard H. Larsen & Leif Anders Thorsrud, 2020. "News Media vs. FRED-MD for Macroeconomic Forecasting," CESifo Working Paper Series 8639, CESifo.
• YiLi Chien & Yi Wen, 2020. "Time-Inconsistent Optimal Quantity of Debt," Working Papers 2020-037, Federal Reserve Bank of St. Louis, revised 02 Sep 2021.
• Feld, Lars P. & Wieland, Volker, 2020. "The German Federal Constitutional Court ruling and the European Central Bank's strategy," IMFS Working Paper Series 145, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
• Güneş Kamber & Madhusudan Mohanty & James Morley, 2020. "Have the driving forces of inflation changed in advanced and emerging market economies?," BIS Working Papers 896, Bank for International Settlements.
• Mikel Bedayo & Gabriel Jiménez & José-Luis Peydró & Raquel Vegas, 2020. "Screening and loan origination time: lending standards, loan defaults and bank failures," Economics Working Papers 1749, Department of Economics and Business, Universitat Pompeu Fabra, revised Aug 2022.
• Bedayo, Mikel & Jiménez, Gabriel & Peydró, José Luis & Vegas, Raquel, 2023. "Screening and loan origination time: Lending standards, loan defaults and bank failures," EconStor Preprints 225986, ZBW - Leibniz Information Centre for Economics.
• Ana Beatriz Galvão & Amit Kara, 2020. "The Impact of GDP Data Revisions on Identifying and Predicting UK Recessions," Economic Statistics Centre of Excellence (ESCoE) Discussion Papers ESCoE DP-2020-12, Economic Statistics Centre of Excellence (ESCoE).
• Uwe Böwer, 2019. "Can Lebanon Defy Gravity Forever?," European Economy - Economic Briefs 046, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
• Kaszab, Lorant & Marsal, Ales & Rabitsch, Katrin, 2020. "Trend inflation meets macro-finance: the puzzling behavior of price dispersion," Department of Economics Working Paper Series 304, WU Vienna University of Economics and Business.
• Jie Chen & Yu Chen & Robert J. Hill & Pei Hu, 2020. "The User Cost of Housing and the Price-Rent Ratio in Shanghai," Graz Economics Papers 2020-19, University of Graz, Department of Economics.
• Yunjong Eo & Luis Uzeda & Benjamin Wong, 2020. "Understanding Trend Inflation Through the Lens of the Goods and Services Sectors," Staff Working Papers 20-45, Bank of Canada.
• Serdar Birinci & Kurt See, 2020. "How Should Unemployment Insurance Vary over the Business Cycle?," Staff Working Papers 20-47, Bank of Canada.
• Souza, Thiago de Oliveira, 2020. "Dollar carry timing," Discussion Papers on Economics 10/2020, University of Southern Denmark, Department of Economics.
• Andrea Bellucci & Alexander Borisov & Gianluca Gucciardi & Alberto Zazzaro, 2020. "The Reallocation Effects of COVID-19: Evidence from Venture Capital Investments around the World," Mo.Fi.R. Working Papers 167, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
• Khalid ElFayoumi, 2020. "Firm Financing and the Relative Demand for Labor and Capital," Discussion Papers of DIW Berlin 1908, DIW Berlin, German Institute for Economic Research.
• Leonard I. Nakamura, 2020. "Evidence of Accelerating Mismeasurement of Growth and Inflation in the U.S. in the 21st Century," Working Papers 20-41, Federal Reserve Bank of Philadelphia.
• Natasha Kang & Vadim Marmer, 2020. "Modeling Long Cycles," Papers 2010.13877, arXiv.org, revised Sep 2023.
• Eduard Gracia Rodríguez, 2020. "The Cycle of Rents: a Model of Rational Bull-and-Bear Cycles in an Efficient Market," UB School of Economics Working Papers 2020/400, University of Barcelona School of Economics.
• Lee, Dong Wook & Shin, Hyun-Han & Stulz, Rene M., 2020. "Why Does Equity Capital Flow Out of High Tobin's q Industries?," Working Paper Series 2020-02, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
• Chu, Angus C., 2020. "Inflation, Innovation and Growth: A Survey," MPRA Paper 103740, University Library of Munich, Germany.
• Iñaki Aldasoro & Paula Beltrán & Federico Grinberg & Tommaso Mancini-Griffoli, 2020. "The macro-financial effects of international bank lending on emerging markets," BIS Working Papers 899, Bank for International Settlements.
• Andrea Colciago & Stefano Fasani & Lorenza Rossi, 2020. "Unemployment, firm dynamics, and the business cycle," Working Papers 695, DNB.
• Edward Knotek & Saeed Zaman, 2020. "Real-time density nowcasts of US inflation: a model-combination approach," Working Papers 2015, University of Strathclyde Business School, Department of Economics.
• Cette, Gilbert & Lopez, Jimmy & Mairesse, Jacques & Nicoletti, Giuseppe, 2020. "Economic adjustment during the Great Recession: The role of managerial quality," MERIT Working Papers 2020-048, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
• Item repec:aer:wpaper:392 is not listed on IDEAS anymore

• Emanuel Kohlscheen & Előd Takáts, 2020. "What can commercial property performance reveal about bank valuations?," BIS Working Papers 900, Bank for International Settlements.
• Kakade, Ameya & Roongta, Dhruv & Haribalaraman, Shravan, 2020. "A case-study oriented analysis of the demand-side policies to reduce cyclical unemployment in the 2008 financial crisis and their potential effectiveness in a post-COVID US economy," MPRA Paper 103747, University Library of Munich, Germany.
• Winkelmann, Lars & Yao, Wenying, 2020. "Cojump anchoring," Discussion Papers 2020/17, Free University Berlin, School of Business & Economics.
• Hambel, Christoph & Kraft, Holger & Meyer-Wehmann, André, 2020. "When should retirees tap their home equity?," SAFE Working Paper Series 293, Leibniz Institute for Financial Research SAFE.
• Sebastian Valdecantos, 2020. "Argentina's (Macroeconomic?) Trap: Some Insights from an Empirical Stock-Flow Consistent Model," Economics Working Paper Archive wp_975, Levy Economics Institute.
• Manuel Adelino & W. Ben McCartney & Antoinette Schoar, 2020. "The Role of Government and Private Institutions in Credit Cycles in the U.S. Mortgage Market," Working Papers 20-40, Federal Reserve Bank of Philadelphia.
• Anton A. Cheremukhin & Paulina Restrepo-Echavarria, 2020. "Wage Setting Under Targeted Search," Working Papers 2020-041, Federal Reserve Bank of St. Louis, revised 03 May 2023.
• Siddhartha Chib & Minchul Shin & Fei Tan, 2020. "High-Dimensional DSGE Models: Pointers on Prior, Estimation, Comparison, and Prediction∗," Working Papers 20-35, Federal Reserve Bank of Philadelphia.
• Aase, Knut K., 2020. "Elements of economics of uncertainty and time with recursive utility," Discussion Papers 2020/13, Norwegian School of Economics, Department of Business and Management Science.
• Lee E. Ohanian & Paulina Restrepo-Echavarria & Diana Van Patten & Mark L. J. Wright, 2020. "The Impact of Bretton Woods International Capital Controls on the Global Economy and the Value of Geopolitical Stability: A General Equilibrium Analysis," Working Papers 2020-042, Federal Reserve Bank of St. Louis, revised 19 Sep 2024.
• Andrew B. Martinez, 2020. "Extracting Information from Different Expectations," Working Papers 2020-008, The George Washington University, Department of Economics, H. O. Stekler Research Program on Forecasting.
• Guido Ascari & Anna Florio & Alessandro Gobbi, 2020. "Monetary-fiscal interactions under price level targeting," Papers 2010.14979, arXiv.org.
• Satyajit Chatterjee & Dean Corbae & Kyle Dempsey & José-Víctor Ríos-Rull, 2020. "A Quantitative Theory of the Credit Score," Working Papers 20-39, Federal Reserve Bank of Philadelphia.
• Daniel Rees, 2020. "What Comes Next?," BIS Working Papers 898, Bank for International Settlements.
• Uchida, Hirofumi, 2020. "Natural selection: A review of studies on firms’ exit and efficiency," MPRA Paper 103938, University Library of Munich, Germany.
• Sigurd Galaasen & Rustam Jamilov & Ragnar Juelsrud & Hélène Rey, 2020. "Granular Credit Risk," NBER Working Papers 27994, National Bureau of Economic Research, Inc.
• Emiel Afman, 2020. "Income, Wealth and Intergenerational Inequality in the Netherlands," European Economy - Economic Briefs 053, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
• Karolina Gralek & Silvia De Poli & Philipp Pfeiffer & Sara Riscado & Wouter van der Wielen, 2020. "Labour Tax Shift in Slovenia: Effects on Growth, Equality and Labour Supply," European Economy - Economic Briefs 057, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
• Kady Keita & Camelia Turcu, 2019. "How to limit fiscal procyclicality: the role of exchange rate regimes, fiscal rules and institutions," Working Papers 2019.01, International Network for Economic Research - INFER.
• Sébastien Bock & Idriss Fontaine, 2020. "Routine-Biased Technological Change and Hours Worked over the Business Cycle," PSE Working Papers halshs-02982145, HAL.
• Eldar, Ofer & Wittry, Michael D., 2020. "Crisis Poison Pills," Working Paper Series 2020-06, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
• Michael Sposi & Kei-Mu Yi & Jing Zhang, 2020. "Trade Integration, Global Value Chains, and Capital Accumulation," Departmental Working Papers 2012, Southern Methodist University, Department of Economics.
• Kiss, Tamás & Nguyen, Hoang & Österholm, Pär, 2020. "Modelling Returns in US Housing Prices – You’re the One for Me, Fat Tails," Working Papers 2020:13, Örebro University, School of Business.
• Kuikeu, Oscar, 2020. "Essai sur la stabilité monétaire: la Cyclicité et la contra cyclicité de l’activité productive comme critères de cette stabilité. Cas de la Communauté économique et Monétaire de l’Afrique centrale (CE," MPRA Paper 104006, University Library of Munich, Germany.
• Roberto Roson & Camille Van der Vorst, 2020. "A Social Accounting Matrix for Andalusia," Working Papers 2020:22, Department of Economics, University of Venice "Ca' Foscari".
• Andrea Borsato, 2020. "Secular Stagnation and innovation dynamics: an agent-based SFC model. Part I," Department of Economics University of Siena 840, Department of Economics, University of Siena.
• Gundel, Joakim, 2020. "Debt relief and the political marketplace in Somalia," LSE Research Online Documents on Economics 107125, London School of Economics and Political Science, LSE Library.
• Robert J. Barro, 2020. "r Minus g," NBER Working Papers 28002, National Bureau of Economic Research, Inc.
• Philipp Mohl & Gilles Mourre & Klara Stovicek, 2019. "Automatic Fiscal Stabilisers in the EU: Size and Effectiveness," European Economy - Economic Briefs 045, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
• Röhl, Klaus-Heiner & Rusche, Christian, 2020. "Staatliche Beteiligungen aus ökonomischer Sicht: Wie weit darf der Staat gehen?," IW policy papers 22/2020, Institut der deutschen Wirtschaft (IW) / German Economic Institute.
• Violaine Faubert, 2019. "Why Has Labour Market Participation Not Fully Recovered in Ireland since the Recession?," European Economy - Economic Briefs 051, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
• Alice Albonico & Guido Ascari & Alessandro Gobbi, 2020. "The public debt multiplier," Papers 2010.15165, arXiv.org, revised Nov 2020.
• Seikel, Daniel & Truger, Achim, 2019. "The blocked completion of the European Monetary Union: Making the case for a pragmatic use of fiscal leeway," WSI Reports 52, The Institute of Economic and Social Research (WSI), Hans Böckler Foundation.
• Kumar B, Pradeep, 2020. "On Heterodox Economics," MPRA Paper 102857, University Library of Munich, Germany.
• Mo Abdirahman & Diane Coyle & Richard Heys & Will Stewart, 2020. "Telecoms Deflators: A Story of Volume and Revenue Weights," Economic Statistics Centre of Excellence (ESCoE) Discussion Papers ESCoE DP-2020-11, Economic Statistics Centre of Excellence (ESCoE).
• Nicolae-Bogdan Ianc & Camelia Turcu, 2019. "So alike, yet so different: comparing fiscal multipliers across E(M)U candidates," Working Papers 2019.03, International Network for Economic Research - INFER.
• Aurelija Anciūtė & Viginta Ivaškaitė-Tamošiūnė & Anamaria Maftei & Janos Varga, 2020. "Labour Tax and Child Benefits Reform in Lithuania: For Better or Worse?," European Economy - Economic Briefs 059, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
• Karen García-Rojas & Paula Herrera-Idárraga & Leonardo Fabio Morales & Natalia Ramírez-Bustamante & Ana María Tribín-Uribe, 2020. "(She)cession: The Colombian female staircase fall," Borradores de Economia 1140, Banco de la Republica de Colombia.
• Gustavo Mellior, 2020. "Higher education funding, welfare and inequality in equilibrium," Studies in Economics 2005, School of Economics, University of Kent.
• Petroulakis, Filippos, 2020. "Task content and job losses in the Great Lockdown," GLO Discussion Paper Series 702, Global Labor Organization (GLO).
• Santiago Caicedo & Miguel Espinosa & Arthur Seibold, 2020. "Unwilling to Train? Firm Responses to the Colombian Apprenticeship Regulation," CRC TR 224 Discussion Paper Series crctr224_2020_233, University of Bonn and University of Mannheim, Germany.
• Howard, Greg & Liebersohn, Jack, 2020. "Regional Divergence and House Prices," Working Paper Series 2020-04, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
• Michael Ryan, 2020. "A Narrative Approach to Creating Instruments with Unstructured and Voluminous Text: An Application to Policy Uncertainty," Working Papers in Economics 20/10, University of Waikato.
• Christian Weise, 2020. "Portugal’s Performance after the Macroeconomic Adjustment Programme," European Economy - Economic Briefs 058, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
• Fatih Tuluk, 2019. "Shadow Banking, Capital Requirements and Monetary Policy," Working Papers 2019.05, International Network for Economic Research - INFER.
• Mauricio Villamizar-Villegas & Yasin Kursat Onder, 2020. "Uncovering Time-Specific Heterogeneity in Regression Discontinuity Designs," Borradores de Economia 1141, Banco de la Republica de Colombia.
• Roxan, Ian, 2020. "Is VAT also a corporate tax? Untangling tax burdens and benefits for companies," LSE Research Online Documents on Economics 102723, London School of Economics and Political Science, LSE Library.
• Item repec:ake:iiepdt:y:2020:i:54:p:1-39 is not listed on IDEAS anymore

• John P. Hejkal & B. Ravikumar & Guillaume Vandenbroucke, 2020. "Technology Adoption, Mortality, and Population Dynamics," Working Papers 2020-039, Federal Reserve Bank of St. Louis, revised Aug 2024.
• Kaan Celebi & Paul J.J. Welfens, 2020. "The Economic Impact of Trump: Conclusions from an Impact Evaluation Analysis," EIIW Discussion paper disbei281, Universitätsbibliothek Wuppertal, University Library.
• Gundel, Joakim, 2020. "Oil and gas in the political marketplace in Somalia," LSE Research Online Documents on Economics 107126, London School of Economics and Political Science, LSE Library.
• William D. Lastrapes & Ian Schmutte & Thor Watson, 2020. "Home Equity Lending, Credit Constraints and Small Business in the US," Working Papers 20-32, Center for Economic Studies, U.S. Census Bureau.