Report NEP-MAC-2021-11-08

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:

• Vasilev, Aleksandar, 2021. "A Real-Business-Cycle model with robots: Lessons for Bulgaria," EconStor Preprints 243348, ZBW - Leibniz Information Centre for Economics.
• Miguel Faria-e-Castro & Pascal Paul & Juan M. Sanchez, 2021. "Evergreening," Working Papers 2021-012, Federal Reserve Bank of St. Louis, revised Aug 2023.
• Pierpaolo Benigno & Paolo Canofari & Giovanni Di Bartolomeo & Marcello Messori, 2021. "The ECB's Asset Purchase Programme: Theory, effects, and risks," Working Papers in Public Economics 201, Department of Economics and Law, Sapienza University of Roma.
• Isabelle Salle, 2021. "What to Target? Insights from a Lab Experiment," Staff Working Papers 21-53, Bank of Canada.
• Atif Mian & Ludwig Straub & Amir Sufi, 2021. "Indebted Demand," BIS Working Papers 968, Bank for International Settlements.
• Zhuravleva, Nadezhda, 2021. "How Bad Is Labor Market Concentration?: Evidence From Soviet (Urban) Satellites," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242405, Verein für Socialpolitik / German Economic Association.
• Harms, Philipp & Knaze, Jakub, 2021. "Effective Exchange Rate Regimes and Inflation," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242340, Verein für Socialpolitik / German Economic Association.
• Bui, Dzung & Dräger, Lena & Hayo, Bernd & Nghiem, Giang, 2021. "The Effects of Fiscal Policy on Households during the COVID-19 Pandemic," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242464, Verein für Socialpolitik / German Economic Association.
• Heiler, Simon, 2021. "Life Cycle UI with ex-ante Heterogeneous Workers," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242461, Verein für Socialpolitik / German Economic Association.
• Große Steffen, Christoph, 2021. "Anchoring of long-term inflation expectations: Do inflation target formulations matter?," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242466, Verein für Socialpolitik / German Economic Association.
• Müller, Gernot & Dietrich, Alexander & Schoenle, Raphael, 2021. "The Expectations Channel of Climate Change:Implications for Monetary Policy," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242446, Verein für Socialpolitik / German Economic Association.
• Anne Duquerroy & Adrien Matray & Farzad Saidi, 2020. "Sticky Deposit Rates and Allocative Effects of Monetary Policy," Working Papers 280, Princeton University, Department of Economics, Center for Economic Policy Studies..
• Guillermo Calvo & Andrés Velasco, 2021. "Joined at the hip: monetary and fiscal policy in a liquidity-dependent world," BIS Working Papers 967, Bank for International Settlements.
• Clemens, Marius & Röger, Werner, 2021. "Temporary VAT Reduction during the Lockdown - Evidence from Germany," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242459, Verein für Socialpolitik / German Economic Association.
• Müller, Lena Sophia & Glas, Alexander, 2021. "Talking in a language that everyone can understand? Transparency of speeches by the ECB Executive Board," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242364, Verein für Socialpolitik / German Economic Association.
• Bauer, Anja & Weber, Enzo, 2021. "Lockdown length and strength: labour-market effects in Germany during the COVID-19 pandemic," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242452, Verein für Socialpolitik / German Economic Association.
• Cem Cebi & K. Azim Ozdemir, "undated". "Non-linear effects of fiscal stimulus on fiscal sustainability Indicators in Turkey," Working Papers 2128, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
• Giovanni Carnazza & Nicola Caravaggio, 2021. "The Italian nominal interest rate conundrum: a problem of growth or public finance?," Departmental Working Papers of Economics - University 'Roma Tre' 0265, Department of Economics - University Roma Tre.
• Vasilev, Aleksandar, 2021. "How quantitatively important are shocks to consumption and income tax rates for business cycle fluctuations? Lessons from Bulgaria (1999-2020)," EconStor Preprints 243316, ZBW - Leibniz Information Centre for Economics.
• Frédérique Savignac & Erwan Gautier & Yuriy Gorodnichenko & Olivier Coibion, 2021. "Firms’ Inflation Expectations: New Evidence from France," Working papers 840, Banque de France.
• Hayo, Bernd, 2021. "Does Quantitative Easing Affect People’s Personal Financial Situation and Economic Inequality? The View of the German Population," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242331, Verein für Socialpolitik / German Economic Association.
• Pierpaolo Benigno & Paolo Canofari & Giovanni Di Bartolomeo & Marcello Messori, 2021. "Uncertainty and the Pandemic Shocks," Working Papers in Public Economics 202, Department of Economics and Law, Sapienza University of Roma.
• Fabrice Dabiré & Hashmat Khan & Patrick Richard & Jean-François Rouillard, 2021. "Characterizing G-multipliers in Canada," Cahiers de recherche 21-01, Departement d'économique de l'École de gestion à l'Université de Sherbrooke, revised Mar 2023.
• Mikhail Dmitriev & Manoj Atolia, 2021. "Testing for Spurious Dynamics in Structural Models with Applications to Monetary Policy," Working Papers wp2021_10_01, Department of Economics, Florida State University.
• Jorge Escolar & José Ramón Yribarren, 2021. "Las medidas del Banco Central Europeo y del Banco de España contra los efectos del COVID-19 en el marco de los activos de garantía de política monetaria, y su impacto en las entidades españolas," Occasional Papers 2128, Banco de España.
• Xin Sheng & Hardik A. Marfatia & Rangan Gupta & Qiang Ji, 2021. "The Non-Linear Response of US State-Level Tradable and Non-Tradable Inflation to Oil Shocks: The Role of Oil-Dependence," Working Papers 202174, University of Pretoria, Department of Economics.
• Matthias Kaldorf & Florian Wicknig, 2021. "Risky Financial Collateral, Firm Heterogeneity, and the Impact of Eligibility Requirements," ECONtribute Discussion Papers Series 123, University of Bonn and University of Cologne, Germany.
• Fernando Alvarez & Andrea Ferrara & Erwan Gautier & Hervé Le Bihan & Francesco Lippi, 2021. "Empirical Investigation of a Sufficient Statistic for Monetary Shocks," Working papers 839, Banque de France.
• Selen Andic & Michael Christopher Burda, 2021. "A Reversal in the Global Decline of the Labor Share?," Working Papers 2127, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
• Luisa Corrado & Stefano Grassi & Enrico Minnella, 2021. "The Transmission Mechanism of Quantitative Easing: A Markov-Switching FAVAR Approach," CEIS Research Paper 520, Tor Vergata University, CEIS, revised 21 Oct 2021.
• Hein, Eckhard & Jimenez, Valeria, 2021. "The macroeconomic implications of zero growth: A post-Keynesian approach," IPE Working Papers 169/2021, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
• Juan C. Méndez-Vizcaíno & Alexander Guarin & César Anzola-Bravo & Anderson Grajales-Olarte, 2021. "Characterizing and Communicating the Balance of Risks of Macroeconomic Forecasts: A Predictive Density Approach for Colombia," Borradores de Economia 1178, Banco de la Republica de Colombia.
• Enders, Zeno & Vespermann, David, 2021. "Cross-country unemployment insurance, transfers, and trade-offs in international risk sharing," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242430, Verein für Socialpolitik / German Economic Association.
• Sónia Félix & Sudipto Karmakar, 2021. "Serial Entrepreneurs, the Macroeconomy and Top Income Inequality," Working Papers w202113, Banco de Portugal, Economics and Research Department.
• Jungmann, Benjamin, 2021. "Growth drivers in emerging capitalist economies before and after the Global Financial Crisis," IPE Working Papers 172/2021, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
• Roman Frydman & Joshua Stillwagon, 2021. "Market Participants Neither Commit Predictable Errors nor Conform to REH: Evidence from Survey Data of Inflation Forecasts," Working Papers Series inetwp163, Institute for New Economic Thinking.
• Hernán Rincón-Castro & Pedro Rubiano-López & Lisseth Yaya-Garzón & Héctor M. Zárate-Solano, 2021. "Traspaso de la tasa de cambio a la inflación básica en Colombia: un análisis de parámetros cambiantes en el tiempo," Borradores de Economia 1177, Banco de la Republica de Colombia.
• Li, Xiaoming & Liu, Zheng & Peng, Yuchao & Xu, Zhiwei, 2021. "Bank risk-taking and monetary policy transmission : Evidence from China," BOFIT Discussion Papers 15/2021, Bank of Finland, Institute for Economies in Transition.
• Stéphane Auray & Aurélien Eyquem, 2020. "The Macroeconomic Effects Of Lockdown Policies," Working Papers hal-03389198, HAL.
• Riccardo Degasperi & Seokki Simon Hong & Giovanni Ricco, 2021. "The global transmission of U.S. monetary policy," Working Papers hal-03373749, HAL.
• Atsuko Suzuki, 2021. "Early monetary policies of the Tokugawa shogunate and merchants' coping strategies: 1695-1736," Discussion Papers in Economics and Business 21-15, Osaka University, Graduate School of Economics.
• Jérôme Creel & Mehdi El Herradi, 2020. "Income inequality and monetary policy in the Euro Area," Working Papers hal-03389183, HAL.
• Yayi Yan & Jiti Gao & Bin Peng, 2021. "On Time-Varying VAR models: Estimation, Testing and Impulse Response Analysis," Monash Econometrics and Business Statistics Working Papers 17/21, Monash University, Department of Econometrics and Business Statistics.
• Sébastien Charles & Eduardo Figueiredo Bastian & Jonathan Marie, 2021. "Inflation Regimes and Hyperinflation. A Post-Keynesian/Structuralist typology," Working Papers hal-03363240, HAL.
• Hadrien Camatte & Guillaume Daudin & Violaine Faubert & Antoine Lalliard & Christine Rifflart, 2021. "Global value chains and the transmission of exchange rate shocks to consumer prices," Working Papers hal-03374355, HAL.
• Annette Vissing-Jørgensen, 2021. "The Treasury market in spring 2020 and the response of the Federal Reserve," BIS Working Papers 966, Bank for International Settlements.
• Michael Brei & Blaise Gadanecz, 2021. "Inter-agency coordination bodies and the speed of prudential policy responses to the Covid-19 pandemic," BIS Working Papers 969, Bank for International Settlements.
• Morales, Paola & Osorio, Daniel & Lemus, Juan S. & Sarmiento Paipilla, Miguel, 2021. "The Internationalization of Domestic Banks and the Credit Channel of Monetary Policy," Discussion Paper 2021-028, Tilburg University, Center for Economic Research.
• Olga Francová & Ermal Hitaj & John Goossen & Robert Kraemer & Andreja Lenarčič & Georgios Palaiodimos, 2021. "EU fiscal rules: reform considerations," Discussion Papers 17, European Stability Mechanism, revised 25 Oct 2021.
• Elisa Palagi & Mauro Napoletano & Andrea Roventini & Jean-Luc Gaffard, 2021. "An agent-based model of trickle-up growth and income inequality," Working Papers hal-03373193, HAL.
• Antonin Aviat & Frédérique Bec & Claude Diebolt & Catherine Doz & Denis Ferrand & Laurent Ferrara & Eric Heyer & Valérie Mignon & Pierre-Alain Pionnier, 2021. "Dating business cycles in France: a reference chronology," Working Papers hal-03373425, HAL.
• Kangasharju, Aki & Ali-Yrkkö, Jyrki & Koski, Heli & Kuusi, Tero, 2021. "Competition, Ageing and Lack of Investment," ETLA Reports 119, The Research Institute of the Finnish Economy.
• Kraft, Kornelius & Lammers, Alexander, 2021. "Bargaining Power and the Labor Share - a Structural Break Approach," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242342, Verein für Socialpolitik / German Economic Association.
• Brödner, Romy & Graffenberger, Martin & Kropp, Per & Sujata, Uwe, 2021. "Beschäftigungsstrukturen und Potenziale der Bioökonomie in den deutschen Braunkohlerevieren," IAB-Discussion Paper 202114, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
• Herr, Hansjörg, 2021. "Macroeconomic transformation of capitalism - How to achieve politically determined growth rates?," IPE Working Papers 170/2021, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
• William D. Larson, 2021. "The Riskiness of Outstanding Mortgages in the United States, 1999 - 2019," FHFA Staff Working Papers 21-03, Federal Housing Finance Agency.
• Paulo M.M. Rodrigues & Pedro Portugal & Anabela Carneiro, 2021. "The persistence of wages," Working Papers w202112, Banco de Portugal, Economics and Research Department.
• Jérôme Creel, 2020. "Fiscal space in the euro area before Covid-19," Working Papers hal-03389194, HAL.
• Corey Allan & David C Maré, 2021. "Do workers share in firm success? Pass-through estimates for New Zealand," Working Papers 21_15, Motu Economic and Public Policy Research.
• A. Mantovi, 2021. "Bitcoin selection rule and foundational game theoretic representation of mining competition," Economics Department Working Papers 2021-EP02, Department of Economics, Parma University (Italy).
• Xavier Timbeau & Elliot Aurissergues & Eric Heyer, 2021. "La dette publique au XXIe siècle," Post-Print hal-03381884, HAL.
• Frederic Boissay & Torsten Ehlers & Leonardo Gambacorta & Hyun Song Shin, 2021. "Big techs in finance: on the new nexus between data privacy and competition," BIS Working Papers 970, Bank for International Settlements.
• Jérôme Creel, 2021. "Establishing a fiscal dialogue in Europe," Working Papers hal-03363670, HAL.
• Silvia Miranda-Agrippino & Giovanni Ricco, 2021. "Bayesian local projections," Working Papers hal-03373574, HAL.
• José E. Boscá & Rafael Doménech & Javier Ferri & Camilo Ulloa, 2021. "OBSERVATORIO SOBRE EL CICLO ECONÓMICO EN ESPAÑA. Los factores explicativos del ciclo económico un año después del Gran Confinamiento," Studies on the Spanish Economy eee2021-30, FEDEA.
• Gergely Hudecz & Edmund Moshammer & Alexander Raabe & Gong Cheng, 2021. "The euro in the world," Discussion Papers 16, European Stability Mechanism, revised 27 Oct 2021.
• Hong, T., 2021. "Revisiting the Trade Policy Uncertainty Index," Cambridge Working Papers in Economics 2174, Faculty of Economics, University of Cambridge.
• Gilles Le Garrec & Vincent Touzé, 2020. "Le multiplicateur d'investissement public," Working Papers hal-03370444, HAL.
• Chu, Angus & Kou, Zonglai & Wang, Xilin, 2021. "Class Struggle in a Schumpeterian Economy," MPRA Paper 110479, University Library of Munich, Germany.
• Ahmet Faruk Aysan & Nawaz Farrukh, 2021. "China's Transition to a Digital Currency: Does It Threaten Dollarization?," Working Papers hal-03364939, HAL.
• Kaitila, Ville & Lehmus, Markku, 2021. "Post-Covid Recovery Scenarios for the Travel Industry," ETLA Brief 100, The Research Institute of the Finnish Economy.