Report NEP-MAC-2022-04-18

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:

• Billi, Roberto M., 2022. "Inflation Targeting or Fiscal Activism?," Working Paper Series 412, Sveriges Riksbank (Central Bank of Sweden).
• Billi , Roberto M. & Walsh, Carl E., 2022. "Seemingly Irresponsible but Welfare Improving Fiscal Policy at the Lower Bound," Working Paper Series 410, Sveriges Riksbank (Central Bank of Sweden).
• Mirela Miescu, 2022. "Forward guidance shocks," Working Papers 352591340, Lancaster University Management School, Economics Department.
• Max Fuchs, 2022. "CBDC as Competitor for Bank Deposits and Cryptocurrencies," MAGKS Papers on Economics 202210, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
• Bauer, Michael D. & Swanson, Eric T., 2022. "A reassessment of monetary policy surprises and high-frequency identification," IMFS Working Paper Series 165, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
• Aleksandar Vasilev, 2022. "A Real-Business-Cycle Model with Financial Liberalization: Lessons for Bulgaria (1999-2020)," Bulgarian Economic Papers bep-2022-03, Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski - Bulgaria // Center for Economic Theories and Policies at Sofia University St Kliment Ohridski, revised Apr 2022.
• Di Casola, Paola & Stockhammar, Pär, 2021. "When domestic and foreign QE overlap: evidence from Sweden," Working Paper Series 404, Sveriges Riksbank (Central Bank of Sweden).
• Kurt, Ozan Ekin, 2022. "Effects of interest rates on functional income distribution, capacity utilization, capital accumulation and profit rates in France: A post-Kaleckian econometric analysis," EconStor Preprints 251003, ZBW - Leibniz Information Centre for Economics.
• Faryna, Oleksandr & Jonsson, Magnus & Shapovalenko, Nadiia, 2021. "The cost of disinflation in a small open economy vis-à-vis a closed economy," Working Paper Series 407, Sveriges Riksbank (Central Bank of Sweden).
• International Monetary Fund, 2022. "United Kingdom: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the United Kingdom," IMF Staff Country Reports 2022/056, International Monetary Fund.
• Barbara Annicchiarico & Fabio Di Dio & Francesca Diluiso, 2022. "Climate Actions, Market Beliefs and Monetary Policy," CEIS Research Paper 535, Tor Vergata University, CEIS, revised 25 Mar 2022.
• Yunjong Eo & Luis Uzeda & Benjamin Wong, 2022. "Understanding trend inflation through the lens of the goods and services sectors," CAMA Working Papers 2022-28, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Hahm, Joon-Ho & Lee, Dong Jin & Park, Cyn-Young, 2022. "Domestic and External Monetary Policy Shocks and Economic Inequality in the Republic of Korea," ADB Economics Working Paper Series 654, Asian Development Bank.
• Luis Bauluz & Filip Novokmet & Moritz Schularick, 2022. "The Anatomy of the Global Saving Glut," ECONtribute Discussion Papers Series 161, University of Bonn and University of Cologne, Germany.
• Bernd Hayo, 2022. "Documentation Paper: Representative Survey on Attitudes and Knowledge About Inflation and Monetary Policy in Germany Conducted in December 2021," MAGKS Papers on Economics 202211, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
• Gantert, Konstantin, 2022. "The impact of active aggregate demand on utilisation-adjusted TFP," IWH Discussion Papers 9/2022, Halle Institute for Economic Research (IWH).
• Amberg, Niklas & Jansson, Thomas & Klein, Mathias & Rogantini Picco, Anna, 2021. "Five Facts about the Distributional Income Effects of Monetary Policy," Working Paper Series 403, Sveriges Riksbank (Central Bank of Sweden).
• Matteo Deleidi & Claudia Fontanari & Santiago J. Gahn, 2022. "Autonomous Demand and Technical Change: Exploring the Kaldor-Verdoorn Law on a Global Level," Working Papers PKWP2212, Post Keynesian Economics Society (PKES).
• International Monetary Fund, 2022. "Spain: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Spain," IMF Staff Country Reports 2022/045, International Monetary Fund.
• Hull, Isaiah & Sattath, Or, 2021. "Revisiting the Properties of Money," Working Paper Series 406, Sveriges Riksbank (Central Bank of Sweden).
• Martina Jasova & Caterina Mendicino & Ettore Panetti & José-Luis Peydró & Dominik Supera, 2021. "Monetary policy, labor income redistribution and the credit channel: Evidence from matched employer-employee and credit registers," Economics Working Papers 1832, Department of Economics and Business, Universitat Pompeu Fabra, revised Mar 2023.
• International Monetary Fund, 2022. "Republic of Tajikistan: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by Executive Director for the Republic of Tajikistan," IMF Staff Country Reports 2022/053, International Monetary Fund.
• John C. Williams, 2022. "A Time of Uncertainty," Speech 93908, Federal Reserve Bank of New York.
• International Monetary Fund, 2022. "Republic of Poland: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Poland," IMF Staff Country Reports 2022/058, International Monetary Fund.
• Javier García-Cicco, 2022. "Alternative Monetary-Policy Instruments and Limited Credibility: An Exploration," Working Papers 115, Red Nacional de Investigadores en Economía (RedNIE).
• Laeven, Luc & Maddaloni, Angela & Mendicino, Caterina, 2022. "Monetary policy, macroprudential policy and financial stability," Working Paper Series 2647, European Central Bank.
• Hall, Robert E. & Kudlyak, Marianna, 2022. "The Inexorable Recoveries of Unemployment," IZA Discussion Papers 15135, Institute of Labor Economics (IZA).
• Jérôme Trinh, 2022. "Disaggregation of very small time series with multiple endogenous partial structural breaks," THEMA Working Papers 2022-10, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
• Martín Almuzara & Dante Amengual & Gabriele Fiorentini & Enrique Sentana, 2022. "GDP Solera. The Ideal Vintage Mix," Working Papers wp2022_2204, CEMFI.
• Hall, Robert E. & Kudlyak, Marianna, 2022. "The Unemployed with Jobs and without Jobs," IZA Discussion Papers 15136, Institute of Labor Economics (IZA).
• International Monetary Fund, 2022. "West African Economic and Monetary Union: Staff Report On Common Policies for Member Countries-Press Release; Staff Report; and Statement by the Executive for the WAEMU," IMF Staff Country Reports 2022/067, International Monetary Fund.
• Blix Grimaldi, Marianna & Crosta, Alberto & Zhang, Dong, 2021. "The Liquidity of the Government Bond Market – What Impact Does Quantitative Easing Have? Evidence from Sweden," Working Paper Series 402, Sveriges Riksbank (Central Bank of Sweden).
• International Monetary Fund, 2022. "Republic of Congo: Request for a Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Congo," IMF Staff Country Reports 2022/049, International Monetary Fund.
• Andersen, Torben M. & Bhattacharya, Joydeep & Grodecka-Messi, Anna & Mann, Katja, 2022. "Pension reform and wealth inequality: evidence from Denmark," Working Paper Series 411, Sveriges Riksbank (Central Bank of Sweden).
• Abbritti, Mirko & Consolo, Agostino, 2022. "Labour market skills, endogenous productivity and business cycles," Working Paper Series 2651, European Central Bank.
• Dennis Dlugosch & Michael Abendschein & Eun Jung Kim, 2022. "Helping the Austrian business sector to cope with new opportunities and challenges in Austria," OECD Economics Department Working Papers 1706, OECD Publishing.
• YOSHIDA Yushi & Weiyang ZHAI & SASAKI Yuri & Siyu ZHANG, 2022. "Exchange Rate Pass-through Under the Unconventional Monetary Policy Regime," Discussion papers 22020, Research Institute of Economy, Trade and Industry (RIETI).
• Bertsch, Christoph & Hull, Isaiah & Zhang, Xin, 2021. "Narrative Fragmentation and the Business Cycle," Working Paper Series 401, Sveriges Riksbank (Central Bank of Sweden).
• International Monetary Fund, 2022. "Montenegro: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Montenegro," IMF Staff Country Reports 2022/060, International Monetary Fund.
• Zhou, Haiwen & Zhou, Ruhai, 2022. "Shirking and Capital Accumulation under Oligopolistic Competition," MPRA Paper 112445, University Library of Munich, Germany.
• Michael Christl & Silvia De Poli & Francesco Figari & Tine Hufkens & Chrysa Leventi & Andrea Papini & Alberto Tumino, 2022. "Monetary compensation schemes during the COVID-19 pandemic: Implications for household incomes, liquidity constraints and consumption across the EU," JRC Working Papers on Taxation & Structural Reforms 2022-03, Joint Research Centre.
• Alexander Bick & Nicola Fuchs-Schündeln & David Lagakos & Hitoshi Tsujiyama, 2022. "Structural Change in Labor Supply and Cross-Country Differences in Hours Worked," Working Papers 2022-006, Federal Reserve Bank of St. Louis, revised 11 May 2022.
• Mr. Antonio David & Alexandre Nguyen-Duong & Hoda Selim, 2022. "Strengthening the WAEMU Regional Fiscal Framework," IMF Working Papers 2022/049, International Monetary Fund.
• International Monetary Fund, 2022. "United Arab Emirates: 2021 Article IV Consultation-Press Release; and Staff Report," IMF Staff Country Reports 2022/050, International Monetary Fund.
• Niftiyev, Ibrahim, 2022. "Textile and Chemical Subsectors in the Azerbaijani Economy: A Descriptive Glance at Possible De-Industrialization," EconStor Preprints 250900, ZBW - Leibniz Information Centre for Economics.
• Porras-Arena, M. Sylvina & Martín-Román, Ángel L., 2022. "The heterogeneity of Okun's law: A metaregression analysis," GLO Discussion Paper Series 1069, Global Labor Organization (GLO).
• Oya Celasun & Mr. Niels-Jakob H Hansen & Ms. Aiko Mineshima & Mariano Spector & Jing Zhou, 2022. "Supply Bottlenecks: Where, Why, How Much, and What Next?," IMF Working Papers 2022/031, International Monetary Fund.
• Altavilla, Carlo & Boucinha, Miguel & Burlon, Lorenzo & Giannetti, Mariassunta & Schumacher, Julian, 2022. "Money markets and bank lending: evidence from the adoption of tiering," Working Paper Series 2649, European Central Bank.
• Heng Chen & Walter Engert & Kim Huynh & Daneal O’Habib & Joy Wu & Julia Zhu, 2022. "Cash and COVID-19: What happened in 2021," Discussion Papers 2022-8, Bank of Canada.
• José Alves & João Quental Gonçalves, 2022. "How Money relates to value? An empirical examination on Gold, Silver and Bitcoin," Working Papers REM 2022/0222, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
• Bardt, Hubertus & Grömling, Michael & Schmitz, Edgar, 2022. "Wirtschaftliche Folgen des Ukraine-Krieges: Zunehmende Belastungen für die deutsche Wirtschaft," IW-Reports 11/2022, Institut der deutschen Wirtschaft (IW) / German Economic Institute.
• Olovsson, Conny & Walentin, Karl & Westermark, Andreas, 2021. "Dynamic Macroeconomic Implications of Immigration," Working Paper Series 405, Sveriges Riksbank (Central Bank of Sweden), revised 01 May 2024.
• Martin Ravallion, 2022. "Macroeconomic Covariates of Real Household Incomes in America," Working Papers gueconwpa~22-22-04, Georgetown University, Department of Economics.
• Bianchi, Daniele & Babiak, Mykola, 2021. "On the Performance of Cryptocurrency Funds," Working Paper Series 408, Sveriges Riksbank (Central Bank of Sweden).
• Glötzl, Erhard, 2022. "A simple General Constrained Dynamics (GCD) model for demand, supply and price shocks," MPRA Paper 112386, University Library of Munich, Germany.
• Tomás Caravello & Turalay Kenc & Martín Sola, 2021. "Risk Aversion and Changes in Regime," Department of Economics Working Papers 2021_08, Universidad Torcuato Di Tella.
• João Ferreira do Amaral, 2022. "Technological waves and economic growth: thoughts on the digital revolution," Working Papers REM 2022/0220, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
• Josef Platzer & Marcel Peruffo, 2022. "Secular Drivers of the Natural Rate of Interest in the United States: A Quantitative Evaluation," IMF Working Papers 2022/030, International Monetary Fund.
• Andres Gonzalez & Mr. Etibar Jafarov & Diego Rodriguez Guzman & Chris Walker, 2022. "Fix vs. Float: Evaluating the Transition to a Sustainable Equilibrium in Bolivia," IMF Working Papers 2022/043, International Monetary Fund.
• Eichacker, Nina, 2022. "A Political Economy of Fiscal Space: Political Structures, Bond Markets, and Monetary Accommodation of Government Spending Potential at Municipal, National, and International Levels," SocArXiv yxjh5, Center for Open Science.
• Christodoulopoulou, Styliani & Kouvavas, Omiros, 2022. "Wages, compositional effects and the business cycle," Working Paper Series 2653, European Central Bank.
• Anthony Silungwe & Mr. Andrew Baer & Vanda Guerreiro, 2022. "2020 Global Stocktaking of National Accounts Statistics: Availability for Policy and Surveillance," IMF Working Papers 2022/029, International Monetary Fund.
• Hammer, Luisa & Hertweck, Matthias S., 2022. "EU enlargement and (temporary) migration: Effects on labour market outcomes in Germany," Discussion Papers 02/2022, Deutsche Bundesbank.
• Mr. Nicolas End & Mr. Gee Hee Hong, 2022. "Trust What You Hear: Policy Communication, Expectations, and Fiscal Credibility," IMF Working Papers 2022/036, International Monetary Fund.
• Youssef Ghallada & Alexandre Girard & Kim Oosterlinck, 2021. "Crises, credit booms and monetary regime," ULB Institutional Repository 2013/335337, ULB -- Universite Libre de Bruxelles.
• Lovorka Grgurić & Ozana Nadoveza Jelić & Nina Pavić, 2021. "Pandemijski izazov: kako razdvojiti šok ponude i šok potražnje u uvjetima bolesti COVID-19," Istraživanja 66, Hrvatska narodna banka, Hrvatska.
• Mr. David Cook & Nikhil Patel, 2022. "Dollar Invoicing, Global Value Chains, and the Business Cycle Dynamics of International Trade," IMF Working Papers 2022/028, International Monetary Fund.
• D'Orazio, Paola & Hertel, Tobias & Kasbrink, Fynn, 2022. "No need to worry? Estimating the exposure of the German banking sector to climate-related transition risks," Ruhr Economic Papers 946, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
• Hindriks, Jean & Madio, Leonardo & Serse, Valerio, 2022. "How do retailers compete on price promotions? Evidence from a temporary promotion ban in Belgium," LIDAM Discussion Papers CORE 2022005, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
• Ozili, Peterson K, 2022. "Economic policy uncertainty, bank nonperforming loans and loan loss provisions: are they correlated?," MPRA Paper 112381, University Library of Munich, Germany.
• Rancan, Antonella, 2022. "The "place of the Phillips curve" in macroeconometric models: The case of the first Federal Reserve Board's model (1966-1980s)," Economics & Statistics Discussion Papers esdp22080, University of Molise, Department of Economics.
• Karsten O. Chipeniuk & Nets Hawk Katz & Todd Bruce Walker, 2022. "Households, Auctioneers, and Aggregation," CAEPR Working Papers 2022-005 Classification-E, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
• Nga Thi Viet Nguyen & Ivica Rubil, 2021. "Fiscal Policies, Inequality, and Poverty in Croatia," Working Papers 2104, The Institute of Economics, Zagreb.
• Carbone, Sante & Giuzio, Margherita & Kapadia, Sujit & Krämer, Johannes Sebastian & Nyholm, Ken & Vozian, Katia, 2022. "The low-carbon transition, climate commitments and firm credit risk," Working Paper Series 409, Sveriges Riksbank (Central Bank of Sweden).
• Franziska Valder, 2022. "Two sides of the same pill? Fertility control and mental health effects of the contraceptive pill," CEBI working paper series 22-03, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
• International Monetary Fund, 2022. "United Arab Emirates: Selected Issues," IMF Staff Country Reports 2022/051, International Monetary Fund.
• Bagsic, Cristeta, 2021. "Linking the Cs of Financial Stability: Crises, Competition, and Concentration," MPRA Paper 112397, University Library of Munich, Germany.
• International Monetary Fund, 2022. "Papua New Guinea: Request for a Staff-Monitored Program; and Staff Report," IMF Staff Country Reports 2022/055, International Monetary Fund.
• Bruno Albuquerque & Georgina Green, 2022. "Financial Concerns and the Marginal Propensity to Consume in COVID Times: Evidence from UK Survey Data," IMF Working Papers 2022/047, International Monetary Fund.
• Fricke, Daniel & Greppmair, Stefan & Paludkiewicz, Karol, 2022. "You can't always get what you want (where you want it): Cross-border effects of the US money market fund reform," Discussion Papers 03/2022, Deutsche Bundesbank.
• Gianluca Cubadda & Alain Hecq, 2022. "Dimension Reduction for High Dimensional Vector Autoregressive Models," CEIS Research Paper 534, Tor Vergata University, CEIS, revised 24 Mar 2022.
• Degryse, Hans & Kokas, Sotirios & Minetti, Raoul & Peruzzi, Valentina, 2022. "Bank Information and Firm Growth. Microeconomic Evidence from the US Credit Market," Working Papers 2022-3, Michigan State University, Department of Economics.
• Mariana García-Schmidt & Javier García-Cicco, 2022. "A TNT Model for Chile: Explaining the ERPT," Working Papers 107, Red Nacional de Investigadores en Economía (RedNIE).
• Bardt, Hubertus & Parthie, Sandra & Rusche, Christian, 2022. "Europäische Wettbewerbsfähigkeit: Potenziale nutzen, um nachhaltig zu wachsen," IW-Reports 12/2022, Institut der deutschen Wirtschaft (IW) / German Economic Institute.
• Elise S. Brezis, 2022. "Why Was Keynes Opposed to Reparations and Carthaginian Peace?‎," Working Papers 2022-04, Bar-Ilan University, Department of Economics.
• Joern H. Block & Mirko Hirschmann & Tobias Kranz & Matthias Neuenkirch, 2022. "Public Family Firms and Economic Inequality Across Societies," Research Papers in Economics 2022-04, University of Trier, Department of Economics.
• Santiago Picasso, 2021. "Una generalización del modelo de crecimiento de Solow. Nuevos supuestos, nuevas conclusiones," Documentos de Trabajo (working papers) 1021, Department of Economics - dECON.
• David Turner & Nicolas Woloszko & Thomas Chalaux & Marnix Dek, 2022. "Understanding differences in vaccination uptake among OECD countries," OECD Economics Department Working Papers 1704, OECD Publishing.