Report NEP-MAC-2022-03-07

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:

• Joshua Bernstein & Alexander W. Richter & Nathaniel A. Throckmorton, 2022. "The Matching Function and Nonlinear Business Cycles," Working Papers 2201, Federal Reserve Bank of Dallas.
• Solikin M. Juhro & Bernard Njindan Iyke & Paresh Kumar Narayan, 2021. "Capital Flow Dynamics And The Synchronization Of Financial Cycles And Business Cycles In Emerging Market Economies," Working Papers WP/02/2021, Bank Indonesia.
• Nittai Bergman & Benjamin Born & David A. Matsa & Michael Weber, 2022. "Inclusive Monetary Policy: How Tight Labor Markets Facilitate Broad-Based Employment Growth," NBER Working Papers 29651, National Bureau of Economic Research, Inc.
• Joel Wagner & Tudor Schlanger & Yang Zhang, 2022. "A Horse Race of Alternative Monetary Policy Regimes Under Bounded Rationality," Discussion Papers 2022-4, Bank of Canada.
• José Frederic Boissay & Fabrice Collard & Jordi Galí & Cristina Manea, 2022. "Monetary policy and endogenous financial crises," BIS Working Papers 991, Bank for International Settlements.
• Andrea Ajello & Nina Boyarchenko & François Gourio & Andrea Tambalotti, 2022. "Financial Stability Considerations for Monetary Policy: Theoretical Mechanisms," Finance and Economics Discussion Series 2022-005, Board of Governors of the Federal Reserve System (U.S.).
• Sangyup Choi & Junhyeok Shin & Seung Yong Yoo, 2022. "Are government spending shocks inflationary at the zero lower bound? New evidence from daily data," CAMA Working Papers 2022-19, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Duque Gabriel, Ricardo & Klein, Mathias & Pesso, Ana Sofia, 2020. "The Effects of Government Spending in the Eurozone," Working Paper Series 400, Sveriges Riksbank (Central Bank of Sweden).
• Fiorella De Fiore & Marie Hoerova & Harald Uhlig, 2022. "Money markets, collateral and monetary policy," BIS Working Papers 997, Bank for International Settlements.
• David Laibson & Peter Maxted & Benjamin Moll, 2022. "A Simple Mapping from MPCs to MPXs," NBER Working Papers 29664, National Bureau of Economic Research, Inc.
• Martin T. Bohl & Dimitrios Kanelis & Pierre L. Siklos, 2022. "How Central Bank Mandates Influence Content and Tone of Communication Over Time," CQE Working Papers 9622, Center for Quantitative Economics (CQE), University of Muenster.
• Michael Weber & Yuriy Gorodnichenko & Olivier Coibion, 2022. "The Expected, Perceived, and Realized Inflation of U.S. Households before and during the COVID19 Pandemic," NBER Working Papers 29640, National Bureau of Economic Research, Inc.
• Alisher Tolepbergen, 2021. "Minimum Wage Shocks in an Estimated DSGE Model with Underreporting," NAC Analytica Working Paper 20, NAC Analytica, Nazarbayev University, revised Dec 2021.
• Paweł Kopiec, 2022. "The Aggregate and Distributional Effects of Fiscal Stimuli," KAE Working Papers 2022-070, Warsaw School of Economics, Collegium of Economic Analysis.
• Maik Schmeling & Andreas Schrimpf & Sigurd A. M. Steffensen, 2022. "Monetary policy expectation errors," BIS Working Papers 996, Bank for International Settlements.
• Andrea Fabiani & Martha López Piñeros & José-Luis Peydró & Paul E. Soto, 2021. "Capital controls, domestic macroprudential policy and the bank lending channel of monetary policy," Economics Working Papers 1816, Department of Economics and Business, Universitat Pompeu Fabra.
• Ferreira, M. & Haber, T. & Rörig, C., 2021. "Financial Factors, Firm size and Firm Potential," Janeway Institute Working Papers 2110, Faculty of Economics, University of Cambridge.
• International Monetary Fund, 2022. "Pakistan: 2021 Article IV Consultation, Sixth Review Under the Extended Arrangement Under the Extended Fund Facility, and Requests for Waivers of Applicability and Nonobservance of Performance Criteri," IMF Staff Country Reports 2022/027, International Monetary Fund.
• Gee Hee Hong & Deniz Igan & Do Lee, 2022. "Zombies on the brink: Evidence from Japan on the reversal of monetary policy effectiveness," BIS Working Papers 987, Bank for International Settlements.
• Ina Hajdini, 2022. "Mis-specified Forecasts and Myopia in an Estimated New Keynesian Model," Working Papers 22-03R, Federal Reserve Bank of Cleveland, revised 06 Mar 2023.
• Muysken, Joan & Meijers, Huub, 2022. "Globalisation and financialisation in the Netherlands, 1995 - 2020," MERIT Working Papers 2022-006, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
• Filippo Gusella, 2022. "Detecting and Measuring Financial Cycles in Heterogeneous Agents Models: An Empirical Analysis," Working Papers - Economics wp2022_02.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
• Ehrmann, Michael & Holton, Sarah & Kedan, Danielle & Phelan, Gillian, 2022. "Monetary Policy Communication: Perspectives from Former Policy Makers at the ECB," Research Technical Papers 1/RT/22, Central Bank of Ireland.
• Daniel Levy & Tamir Mayer & Alon Raviv, 2022. "Economists in the 2008 Financial Crisis: Slow to See, Fast to Act," Working Paper series 22-04, Rimini Centre for Economic Analysis.
• Savignac, Frédérique & Gautier, Erwan & Gorodnichenko, Yuriy & Coibion, Olivier, 2022. "Firms' Inflation Expectations: New Evidence from France," IZA Discussion Papers 15069, Institute of Labor Economics (IZA).
• Jonathan A. Parker & Jake Schild & Laura Erhard & David Johnson, 2022. "Household Spending Responses to the Economic Impact Payments of 2020: Evidence from the Consumer Expenditure Survey," NBER Working Papers 29648, National Bureau of Economic Research, Inc.
• Viral V Acharya & Ryan Niladri & Matteo Crosignani & Tim Eisert & Renée Spigt, 2022. "Exorbitant privilege? Quantitative easing and the bond market subsidy of prospective fallen angels," BIS Working Papers 1002, Bank for International Settlements.
• Stefanie Stantcheva, 2022. "Inequalities in the Times of a Pandemic," NBER Working Papers 29657, National Bureau of Economic Research, Inc.
• Kiss, Tamás & Kladivko, Kamil & Lunander, Anders & Österholm, Pär, 2022. "Varför har arbetstagar- och arbetsgivarorganisationer olika förväntningar om lönetillväxt?," Working Papers 2022:3, Örebro University, School of Business.
• Link, Sebastian & Peichl, Andreas & Roth, Christopher & Wohlfart, Johannes, 2022. "Information Frictions among Firms and Households," IZA Discussion Papers 15090, Institute of Labor Economics (IZA).
• Luis Fernando Mejía & Cristina Fernández, 2021. "Rigideces del mercado laboral en Colombia : tendencias, perspectivas y recomendaciones," Libros Fedesarrollo 19948, Fedesarrollo.
• John R. Grigsby, 2021. "Skill Heterogeneity and Aggregate Labor Market Dynamics," Working Papers 2021-59, Princeton University. Economics Department..
• Hasan, Zubair, 2021. "Islamic finance, growth, and stability," MPRA Paper 111885, University Library of Munich, Germany, revised Feb 2022.
• Wolf, Elias, 2022. "Estimating growth at risk with skewed stochastic volatility models," Discussion Papers 2022/2, Free University Berlin, School of Business & Economics.
• Hakan Yilmazkuday, 2022. "Inflation Convergence over Time: Sector-Level Evidence within Europe," Working Papers 2201, Florida International University, Department of Economics.
• Sylvain Leduc & Daniel J. Wilson, 2022. "The Road of Federal Infrastructure Spending Passes Through the States," Working Paper Series 2022-03, Federal Reserve Bank of San Francisco.
• Viviana Alfonso C & Steven Kamin & Fabrizio Zampolli, 2022. "Central bank digital currencies (CBDCs) in Latin America and the Caribbean," BIS Working Papers 989, Bank for International Settlements.
• Juncal Cunado & David Gabauer & Rangan Gupta & Chien-Chiang Lee, 2022. "On the Propagation Mechanism of International Real Interest Rate Spillovers: Evidence from More than 200 Years of Data," Working Papers 202212, University of Pretoria, Department of Economics.
• Juan Cruz López del Valle & Caterina Brest López & Joaquín Campabadal & Julieta Ladronis & Nora Lustig & Valentina Martínez Pabón & Mariano Tommasi, 2021. "Fiscal Policy, Income Redistribution and Poverty Reduction in Argentina," Working Papers 158, Universidad de San Andres, Departamento de Economia, revised Aug 2021.
• Christian Friedrich & Peter Selcuk, 2022. "The Impact of Globalization and Digitalization on the Phillips Curve," Staff Working Papers 22-7, Bank of Canada.
• Andrea Bellucci & Alexander Borisov & Gianluca Gucciardi & Alberto Zazzaro, 2022. "The Reallocation Effects of COVID-19: Evidence from Venture Capital Investments around the World," CSEF Working Papers 638, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
• Ana Aguilar & María Diego-Fernández & Rocio Elizondo & Jessica Roldán-Peña, 2022. "Term premium dynamics and its determinants: the Mexican case," BIS Working Papers 993, Bank for International Settlements.
• Deniz Igan & Taehoon Kim & Antoine Levy, 2022. "The premia on state-contingent sovereign debt instruments," BIS Working Papers 988, Bank for International Settlements.
• Palma, J. G., 2022. "Financialisation as a (it's-not-meant-to-make-sense) gigantic global joke," Cambridge Working Papers in Economics 2211, Faculty of Economics, University of Cambridge.
• Stephan D. Whitaker, 2022. "Is the grass really greener? Migrants' improvements in local labor market conditions and financial health," Working Papers 22-04, Federal Reserve Bank of Cleveland.
• Sakib, S M Nazmuz, 2021. "Money Demand and Inflation: The relationship between money demand, inflation, and the risk premium," SocArXiv xfypj, Center for Open Science.
• Michelle W. Bowman, 2022. "High Inflation and the Outlook for Monetary Policy: a speech at the American Bankers Association Community Banking Conference, Palm Desert, California, February 21, 2022," Speech 93760, Board of Governors of the Federal Reserve System (U.S.).
• Juan J. Dolado & Étienne Lalé & Hélène Turon, 2022. "Zero-hours Contracts in a Frictional Labor Market," CIRANO Working Papers 2022s-04, CIRANO.
• Palit, Biswajit & Mukherjee, Sakya, 2022. "Can cryptocurrency tap the Indian market? Role of having robust monetary and fiscal policies," MPRA Paper 111850, University Library of Munich, Germany.
• Nicola Fuchs-Schündeln & Dirk Krueger & André Kurmann & Étienne Lalé & Alexander Ludwig & Irina Popova, 2021. "The fiscal and welfare effects of policy responses to the Covid-19 school closures," CIRANO Working Papers 2021s-40, CIRANO.
• Casey B. Mulligan, 2022. "Lethal Unemployment Bonuses? Substitution and Income Effects on Substance Abuse, 2020-21," NBER Working Papers 29719, National Bureau of Economic Research, Inc.
• Loretta J. Mester, 2022. "Transitioning Monetary Policy," Speech 93727, Federal Reserve Bank of Cleveland.
• Rafael R. S. Guimaraes, 2022. "Deep Learning Macroeconomics," Papers 2201.13380, arXiv.org.
• Congressional Budget Office, 2022. "Economic Effects of Five Illustrative Single-Payer Health Care Systems: Working Paper 2022-02," Working Papers 57637, Congressional Budget Office.
• Faberman, Jason & Mueller, Andreas I. & Sahin, Aysegül, 2022. "Has the Willingness to Work Fallen during the COVID Pandemic?," IZA Discussion Papers 15086, Institute of Labor Economics (IZA).
• Afees A. Salisu & Rangan Gupta & Elie Bouri, 2022. "Testing the Forecasting Power of Global Economic Conditions for the Volatility of International REITs using a GARCH-MIDAS Approach," Working Papers 202211, University of Pretoria, Department of Economics.
• Toni Ahnert & Sebastian Doerr & Nicola Pierri & Yannick Timmer, 2022. "Does IT help? Information technology in banking and entrepreneurship," BIS Working Papers 998, Bank for International Settlements.
• Ole Agersnap & Owen Zidar, 2021. "The Tax Elasticity of Capital Gains and Revenue-Maximizing Rates," Working Papers 2021-75, Princeton University. Economics Department..
• Pegdéwendé Nestor Sawadogo, 2020. "Fiscal rules and international financial market access [Règles budgétaires et accès aux marchés financiers internationaux]," Post-Print hal-03514057, HAL.
• Lukas Mahler & Minchul Yum, 2022. "Lifestyle Behaviors and Wealth-Health Gaps in Germany," CRC TR 224 Discussion Paper Series crctr224_2022_338, University of Bonn and University of Mannheim, Germany.
• Harasztosi, Péter & Maurin, Laurent & Pál, Rozália & Revoltella, Debora & Van Der Wielen, Wouter, 2022. "Firm-level policy support during the crisis: So far, so good?," EIB Working Papers 2022/01, European Investment Bank (EIB).
• Clavin, P. & Corsetti, G. & Obstfeld, M. & Tooze, A., 2021. "Lessons of Keynes’s Economic Consequences in a Turbulent Century," Janeway Institute Working Papers 2108, Faculty of Economics, University of Cambridge.
• Grégoire Rota-Graziosi & Emilie Caldeira & Alou Adessé Dama & Hélène Djoufelkit & Hélène Ehrhart, 2021. "La qualité de la dépense publique dans les pays en développement : mesure et déterminants," CERDI Working papers hal-03129897, HAL.
• Donal Smith & Przemyslaw Kowalski & Frank van Tongeren, 2022. "Modelling trade policy scenarios: Macroeconomic and trade effects of restrictions in cross border labour mobility," OECD Trade Policy Papers 259, OECD Publishing.
• James B. Bullard, 2022. "Bullard: Mindful of inflation’s potential to "mess up economic performance"," Speech 93713, Federal Reserve Bank of St. Louis.
• David W. Berger & Kyle F. Herkenhoff & Simon Mongey, 2022. "Minimum Wages, Efficiency and Welfare," NBER Working Papers 29662, National Bureau of Economic Research, Inc.
• Kim, Cheonkoo & Park, Jungsoo & Park, Donghyun & Tian, Shu, 2022. "Heterogeneous Effect of Uncertainty on Corporate Investment: Evidence from Listed Firms in the Republic of Korea," ADB Economics Working Paper Series 648, Asian Development Bank.
• Raphael Auer & Ariel Burstein & Sarah M Lein & Jonathan Vogel, 2022. "Unequal expenditure switching: Evidence from Switzerland," BIS Working Papers 1001, Bank for International Settlements.
• Alicia H. Munnell & Patrick Hubbard, 2021. "The Impact of Inflation on Social Security Benefits," Issues in Brief ib2021-14, Center for Retirement Research.
• André Kurmann & Étienne Lalé, 2021. "School Closures and Effective In-Person Learning during COVID-19: When, Where, and for Whom," CIRANO Working Papers 2021s-42, CIRANO.
• Juho Koistinen & Bernd Funovits, 2022. "Estimation of Impulse-Response Functions with Dynamic Factor Models: A New Parametrization," Papers 2202.00310, arXiv.org, revised Feb 2022.
• Klaus Adam & Stefan Nagel, 2022. "Expectations Data in Asset Pricing," CRC TR 224 Discussion Paper Series crctr224_2022_337, University of Bonn and University of Mannheim, Germany.
• Alicia H. Munnell, 2021. "Social Security’s Financial Outlook: The 2021 Update in Perspective," Issues in Brief ib2021-15, Center for Retirement Research.
• Maarten van Oordt, 2022. "The Emerging Autonomy–Stability Choice for Stablecoins," Tinbergen Institute Discussion Papers 22-015/IV, Tinbergen Institute.
• Verhoeven, Loesje & Ritzen, Jo, 2022. "Globalisation increased trust in northern and western Europe between 2002 and 2018," MERIT Working Papers 2022-005, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
• Alexander Georges Gretener & Matthias Neuenkirch & Dennis Umlandt, 2022. "Dynamic Mixture Vector Autoregressions with Score-Driven Weights," Working Paper Series 2022-02, University of Trier, Research Group Quantitative Finance and Risk Analysis.
• Almeida, María Dolores, 2021. "La política fiscal con enfoque de género en países de América Latina," Macroeconomía del Desarrollo 47210, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
• Yawovi Mawussé Isaac Amedanou, 2022. "Financing the economy in debt times: the crucial role of public-private partnerships," Working Papers hal-03545244, HAL.
• Deniz Igan & Alexandre R. Lauwers & Damien Puy, 2022. "Capital flows and institutions," BIS Working Papers 994, Bank for International Settlements.
• Sakib, S M Nazmuz, 2021. "Determinants of Urbanization in Pakistan: Empirical evidence from ARDL model," SocArXiv fudg9, Center for Open Science.
• Roberto Casarin & Stefano Grassi & Francesco Ravazzolo & Herman van Dijk, 2022. "A Flexible Predictive Density Combination Model for Large Financial Data Sets in Regular and Crisis Periods," Tinbergen Institute Discussion Papers 22-013/III, Tinbergen Institute.
• Jorratt, Michel, 2021. "Impuestos sobre el patrimonio neto en América Latina," Macroeconomía del Desarrollo 47311, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).