Report NEP-MAC-2022-07-11

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:

• Hoffmann, Mathias & Pavlova, Lora & Mönch, Emanuel & Schultefrankenfeld, Guido, 2022. "Would households understand average inflation targeting?," Discussion Papers 17/2022, Deutsche Bundesbank.
• Gregor Boehl & Felix Strobel, 2022. "The Empirical Performance of Financial Frictions since 2008," CRC TR 224 Discussion Paper Series crctr224_2022_353, University of Bonn and University of Mannheim, Germany.
• Saroj Bhattarai & Jae Won Lee & Woong Yong Park & Choongryul Yang, 2022. "Macroeconomic Effects of Capital Tax Rate Changes," Finance and Economics Discussion Series 2022-027, Board of Governors of the Federal Reserve System (U.S.).
• Jesus Fernandez-Villaverde & Federico Mandelman & Yang Yu & Francesco Zanetti, 2022. "Search Complementarities, Aggregate Fluctuations,and Fiscal Policy," CAMA Working Papers 2022-40, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Donato Masciandaro & Riccardo Russo, 2022. "Central Banks and Climate Policy: Unpleasant Trade–Offs? A Principal–Agent Approach," BAFFI CAREFIN Working Papers 22181, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
• David Ratner & Jae W. Sim, 2022. "Who Killed the Phillips Curve? A Murder Mystery," Finance and Economics Discussion Series 2022-028, Board of Governors of the Federal Reserve System (U.S.).
• International Monetary Fund, 2022. "Chile: Proposal for an Arrangement Under the Short-Term Liquidity Line-Press Release; Staff Report; and Statement by the Executive Director for Chile," IMF Staff Country Reports 2022/148, International Monetary Fund.
• Ablaev Emil & Magzhanov Timur, 2022. "Fiscal Rules and Procyclical Fiscal Policy in Russia," Working Papers 0039, Moscow State University, Faculty of Economics.
• Jeremy B. Rudd, 2022. "The Anatomy of Single-Digit Inflation in the 1960s," Finance and Economics Discussion Series 2022-029, Board of Governors of the Federal Reserve System (U.S.).
• Robert Lehmann & Ida Wikman, 2022. "Quarterly GDP Estimates for the German States," ifo Working Paper Series 370, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
• Luciano Campos & Danilo Leiva-León & Steven Zapata, 2022. "Latin American Falls, Rebounds and Tail," Working Papers 145, Red Nacional de Investigadores en Economía (RedNIE).
• Peter Andre & Ingar Haaland & Christopher Roth & Johannes Wohlfart, 2022. "Narratives about the Macroeconomy," CRC TR 224 Discussion Paper Series crctr224_2022_350, University of Bonn and University of Mannheim, Germany.
• Jorge Pozo & Youel Rojas, 2022. "Unconventional credit policy in an economy under zero lower bound," BIS Working Papers 1019, Bank for International Settlements.
• Tsang, Andrew, 2021. "Uncovering Heterogeneous Regional Impacts of Chinese Monetary Policy," WiSo-HH Working Paper Series 62, University of Hamburg, Faculty of Business, Economics and Social Sciences, WISO Research Laboratory.
• Pei Kuang & Kaushik Mitra, 2022. "Potential Output Pessimism and Austerity in the European Union," Discussion Papers 22-08, Department of Economics, University of Birmingham.
• Cruz-Rodriguez, Alexis, 2021. "Impacto de corto y mediano plazo del COVID-19 en la economía dominicana: un análisis de oferta y demanda agregada [Short- and medium-term impact of COVID-19 on the Dominican economy: an analysis of," MPRA Paper 113292, University Library of Munich, Germany.
• Lise Clain-Chamosset-Yvrard & Xavier Raurich & Thomas Seegmuller, 2022. "Rational housing demand bubble," Working Papers 2207, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
• International Monetary Fund, 2022. "Bosnia and Herzegovina: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bosnia and Herzegovina," IMF Staff Country Reports 2022/167, International Monetary Fund.
• Barragán, Jonathan & Anda, María & Molina, Eduardo & Solís, Andrea, 2021. "La dolarización como política monetaria en el ecuador: Un enfoque desde los años 1998 hasta 2000 [Dollarization as monetary politics in ecuador: An approach from 1998 to 2000]," MPRA Paper 113258, University Library of Munich, Germany, revised 28 May 2022.
• Duque Garcia, Carlos Alberto, 2022. "Ciclos económicos, inversión y rentabilidad del capital en Colombia: un análisis de series de tiempo [Economic cycles, investment and profits in Colombia: a time-series analysis]," MPRA Paper 113272, University Library of Munich, Germany.
• Lena Dräger & Klaus Gründler & Niklas Potrafke, 2022. "Political Shocks and Inflation Expectations: Evidence from the 2022 Russian Invasion of Ukraine," ifo Working Paper Series 371, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
• International Monetary Fund, 2022. "Luxembourg: 2022 Article IV Consultation-Press Release; and Staff Report for Luxembourg," IMF Staff Country Reports 2022/152, International Monetary Fund.
• Tiamiyu, Kehinde A., 2022. "Exchange rate pass-through to Inflation: Symmetric and Asymmetric Effects of Monetary Environment in Nigeria," MPRA Paper 113223, University Library of Munich, Germany.
• J r my Boccanfuso, 2022. "Consumption Response Heterogeneity and Dynamics with an Inattention Region," Working Papers wp1172, Dipartimento Scienze Economiche, Universita' di Bologna.
• International Monetary Fund, 2022. "Cyprus: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cyprus," IMF Staff Country Reports 2022/151, International Monetary Fund.
• Alnaa, Samuel Erasmus & Matey, Juabin, 2022. "Macroeconomic Policy Formulation: The Driver of Economic Welfare in Ghana," MPRA Paper 113041, University Library of Munich, Germany, revised 11 Apr 2022.
• James B. Bullard, 2022. "Bullard Discusses Inflation and His Views on the Policy Rate with Yahoo Finance," Speech 94231, Federal Reserve Bank of St. Louis.
• International Monetary Fund, 2022. "Bhutan: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bhutan," IMF Staff Country Reports 2022/146, International Monetary Fund.
• Syed Abul, Basher & Perry, Sadorsky, 2022. "Forecasting Bitcoin price direction with random forests: How important are interest rates, inflation, and market volatility?," MPRA Paper 113293, University Library of Munich, Germany.
• James B. Bullard, 2022. "Is the Fed ‘Behind the Curve’? Two Interpretations (How Monetary Policy Got Behind the Curve and How to Get Back)," Speech 94181, Federal Reserve Bank of St. Louis.
• Tihana Škrinjarić & Maja Bukovšak, 2022. "Novi indikatori kreditnog jaza u Hrvatskoj: unapređenje kalibracije protucikličkog zaštitnog sloja kapitala," Istraživanja 69, Hrvatska narodna banka, Hrvatska.
• António Afonso & José Alves, 2022. "Are Fiscal Consolidation Episodes Helpful for Public Sector Efficiency?," CESifo Working Paper Series 9761, CESifo.
• Arvind Krishnamurthy & Wenhao Li, 2022. "The Demand for Money, Near-Money, and Treasury Bonds," NBER Working Papers 30051, National Bureau of Economic Research, Inc.
• Ramon Lopez & Kevin Sepulveda, 2022. "What is the Effect of Domestic Demand Shocks on Inflation in a Small Open Economy? Chile 2000-2021," Working Papers wp533, University of Chile, Department of Economics.
• James B. Bullard, 2022. "The First Steps toward Disinflation," Speech 94326, Federal Reserve Bank of St. Louis.
• John A. Mondragon & Johannes Wieland, 2022. "Housing Demand and Remote Work," NBER Working Papers 30041, National Bureau of Economic Research, Inc.
• Gang Liu & Barbara M. Fraumeni & Shunsuke Managi, 2022. "Human Capital Growth - with Region and Gender in Perspective," NBER Working Papers 30035, National Bureau of Economic Research, Inc.
• John R. Grigsby, 2022. "Skill Heterogeneity and Aggregate Labor Market Dynamics," NBER Working Papers 30052, National Bureau of Economic Research, Inc.
• International Monetary Fund, 2022. "Peru: Request for an Arrangement Under the Flexible Credit Line and Cancellation of the Current Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Peru," IMF Staff Country Reports 2022/163, International Monetary Fund.
• International Monetary Fund, 2022. "Somalia: Request for an Extension of the Arrangement Under the Extended Credit Facility-Press Release; and Staff Report," IMF Staff Country Reports 2022/147, International Monetary Fund.
• Farmer, J. Doyne & Carro, Adrian & Hinterschweiger, Marc & Uluc, Arzu, 2022. "Heterogeneous Effects and Spillovers of Macroprudential Policy in an Agent-Based Model of the UK Housing Market," INET Oxford Working Papers 2022-06, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
• Borissov, Kirill & Pakhnin, Mikhail & Wendner, Ronald, 2022. "Kantian optimization with quasi-hyperbolic discounting," MPRA Paper 113300, University Library of Munich, Germany.
• Bardt, Hubertus & Beznoska, Martin & Demary, Markus & Grömling, Michael & Hüther, Michael & Obst, Thomas & Pimpertz, Jochen & Schaefer, Thilo & Schäfer, Holger, 2022. "Krise und Unsicherheit: IW-Konjunkturprognose Frühjahr 2022," IW-Reports 26/2022, Institut der deutschen Wirtschaft (IW) / German Economic Institute.
• Tiamiyu, Kehinde A., 2022. "Financial deepening and stock market development in Nigeria: evidence from recent data (1981-2019)," MPRA Paper 113224, University Library of Munich, Germany.
• International Monetary Fund, 2022. "Colombia: Financial Sector Assessment Program-Technical Note on Macroprudential Framework Policy and Tools," IMF Staff Country Reports 2022/157, International Monetary Fund.
• International Monetary Fund, 2022. "Philippines: Financial Sector Assessment Program-Technical Note on Macroprudential Policy Framework and Tools," IMF Staff Country Reports 2022/156, International Monetary Fund.
• International Monetary Fund, 2022. "Peru: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Peru," IMF Staff Country Reports 2022/137, International Monetary Fund.
• Hayley Pallan, 2022. "Do Investors Care About Consumption Taxes? Evidence from Equities in Advanced and Emerging Economies," IHEID Working Papers 14-2022, Economics Section, The Graduate Institute of International Studies.
• Go, Eugenia & Hill, Sam & Jaber, Maria Hanna & Jinjarak, Yothin & Park, Donghyun & Ragos, Anton, 2022. "Developing Asia’s Fiscal Landscape and Challenges," ADB Economics Working Paper Series 665, Asian Development Bank.
• Hajdini, Ina & Kurmann, Andre, 2022. "Predictable Forecast Errors in Full-Information Rational Expectations Models with Regime Shifts," School of Economics Working Paper Series 2022-5, LeBow College of Business, Drexel University.
• Giovannini, Alessandro & Ioannou, Demosthenes & Stracca, Livio, 2022. "Public and private risk sharing: friends or foes? The interplay between different forms of risk sharing," Occasional Paper Series 295, European Central Bank.
• Mary Amiti & Oleg Itskhoki & Jozef Konings, 2022. "Will the U.S. Dollar Continue to Dominate World Trade?," Liberty Street Economics 20220621, Federal Reserve Bank of New York.
• Eric Jondeau & Gregory Levieuge & Jean-Guillaume Sahuc & Gauthier Vermandel, 2022. "Environmental Subsidies to Mitigate Transition Risk," Swiss Finance Institute Research Paper Series 22-45, Swiss Finance Institute.
• Dirk Zetzsche & Linn Anker-Sørensen & Maria Lucia Passador & Andreas Wehrli, 2022. "DLT-based enhancement of cross-border payment efficiency - a legal and regulatory perspective," BIS Working Papers 1015, Bank for International Settlements.
• James B. Bullard, 2022. "Getting Ahead of U.S. Inflation," Speech 94325, Federal Reserve Bank of St. Louis.
• Lea Samek & Mary O'Mahony, 2021. "Measuring the Volume of Services Industries Output: An Audit of Services Producer Price Indices," Economic Statistics Centre of Excellence (ESCoE) Technical Reports ESCOE-TR-10, Economic Statistics Centre of Excellence (ESCoE).
• Merike Kukk & Alari Paulus & Nicolas Reigl, 2022. "Credit market concentration and systemic risk in Europe," Bank of Estonia Working Papers wp2022-4, Bank of Estonia, revised 24 Mar 2022.
• Bjoern Schulte-Tillman & Mawuli Segnon & Bernd Wilfling, 2022. "Financial-market volatility prediction with multiplicative Markov-switching MIDAS components," CQE Working Papers 9922, Center for Quantitative Economics (CQE), University of Muenster.
• Deniz Igan & Ali Mirzaei & Tomoe Moore, 2022. "A shot in the arm: stimulus packages and firm performance during Covid-19," BIS Working Papers 1014, Bank for International Settlements.
• Anantha Divakaruni & Peter Zimmerman, 2022. "The Lightning Network: Turning Bitcoin into Money," Working Papers 22-19, Federal Reserve Bank of Cleveland.
• Bakari, Sayef & El Weriemmi, Malek, 2022. "Causality between Domestic Investment and Economic Growth in Arab Countries," MPRA Paper 113077, University Library of Munich, Germany.
• Emmanuel Farhi & Alan Olivi & Iván Werning, 2022. "Price Theory for Incomplete Markets," NBER Working Papers 30037, National Bureau of Economic Research, Inc.
• Lafond, François & Goldin, Ian & Koutroumpis, Pantelis & Winkler, Julian, 2022. "Why is productivity slowing down?," INET Oxford Working Papers 2022-08, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
• Barragán-Tandapilco, Jonathan Xavier, 2022. "Criptomonedas: ¿beneficio o maleficio para los ecuatorianos? [Cryptocurrencies: benefit or harm for ecuadorians?]," MPRA Paper 113259, University Library of Munich, Germany.
• George Kapetanios & Fotis Papailias, 2022. "An Evaluation Framework for Targeted Indicators Aggregates vs. Disaggregates," Economic Statistics Centre of Excellence (ESCoE) Technical Reports ESCOE-TR-17, Economic Statistics Centre of Excellence (ESCoE).
• George Kapetanios & Fotis Papailias, 2022. "A Quality Assessment Framework for Maintaining & Publishing New Indicators," Economic Statistics Centre of Excellence (ESCoE) Technical Reports ESCOE-TR-18, Economic Statistics Centre of Excellence (ESCoE).
• Dagli , Suzette & Mariano, Paul & Salvanera, Arjan Paulo, 2022. "Quantile Debt Fan Charts," ADB Economics Working Paper Series 664, Asian Development Bank.
• Müller, Henrik & Rieger, Jonas & Hornig, Nico, 2022. "Vladimir vs. the virus - a tale of two shocks: An update of our Uncertainty Perception Indicator (UPI) to April 2022 - a research note," DoCMA Working Papers 11, TU Dortmund University, Dortmund Center for Data-based Media Analysis (DoCMA).
• Müller, Henrik & Rieger, Jonas & Schmidt, Tobias & Hornig, Nico, 2022. "Pressure is high - and rising: The Inflation Perception Indicator (IPI) to 30 April 2022 - a research note analysis," DoCMA Working Papers 10, TU Dortmund University, Dortmund Center for Data-based Media Analysis (DoCMA).
• Xuxin Mao & Janine Boshoff & Garry Young & Hande Kucuk, 2021. "Applying Machine Learning to Detect Outliers in Alternative Data Sources. A universal methodology framework for scanner and web-scraped data sources," Economic Statistics Centre of Excellence (ESCoE) Technical Reports ESCOE-TR-12, Economic Statistics Centre of Excellence (ESCoE).
• George Kapetanios & Fotis Papailias, 2022. "Real Time Indicators During the COVID-19 Pandemic Individual Predictors & Selection," Economic Statistics Centre of Excellence (ESCoE) Technical Reports ESCOE-TR-15, Economic Statistics Centre of Excellence (ESCoE).
• International Monetary Fund, 2022. "Colombia: Financial Sector Assessment Program-Technical Note on Risk Analysis," IMF Staff Country Reports 2022/158, International Monetary Fund.
• Douglas Arner & Ross Buckley & Thomas Lammer & Dirk Zetzsche & Sangita Gazi, 2022. "Building regional payment areas: the Single Rule Book approach," BIS Working Papers 1016, Bank for International Settlements.
• Luca Mattia Rolla & Alessandro Giovannelli, 2022. "The Forecasting performance of the Factor model with Martingale Difference errors," Papers 2205.10256, arXiv.org, revised Jun 2023.
• Raphael Auer & Marc Farag & Ulf Lewrick & Lovrenc Orazem & Markus Zoss, 2022. "Banking in the shadow of Bitcoin? The institutional adoption of cryptocurrencies," BIS Working Papers 1013, Bank for International Settlements.
• International Monetary Fund, 2022. "Georgia: Technical Assistance Report-Updating the Balance Sheet and Quantifying Fiscal Risks From Climate Change," IMF Staff Country Reports 2022/150, International Monetary Fund.
• International Monetary Fund, 2022. "Albania: Technical Assistance Report-Medium-Term Revenue Strategy: Revenue Administration Reform Options," IMF Staff Country Reports 2022/143, International Monetary Fund.
• Carlos Esteban Posada, 2022. "Redistribution Policy and Social Welfare: A View from Macroeconomics," Documentos de Trabajo de Valor Público 20197, Universidad EAFIT.
• International Monetary Fund, 2022. "Montenegro: Technical Assistance Report - Public Investment Management Assessment," IMF Staff Country Reports 2022/166, International Monetary Fund.
• Jose De Gregorio & Manuel Taboada, 2022. "Median Labor Income in Chile Revised: Insights from Distributional National Accounts," Working Papers wp532, University of Chile, Department of Economics.
• Hites Ahir & Nicholas Bloom & Davide Furceri, 2022. "The world uncertainty index," CEP Discussion Papers dp1842, Centre for Economic Performance, LSE.
• Constantino Cronemberger Mendes, 2022. "Fiscal equalisation in Brazil, Canada and Australia," One Pager 509, International Policy Centre for Inclusive Growth.
• Galenianos, Manolis & Gavazza, Alessandro, 2022. "Regulatory interventions in consumer financial markets: the case of credit cards," LSE Research Online Documents on Economics 113612, London School of Economics and Political Science, LSE Library.
• Dieci, Roberto & Schmitt, Noemi & Westerhoff, Frank H., 2022. "Boom-bust cycles and asset market participation waves: Momentum, value, risk and herding," BERG Working Paper Series 177, Bamberg University, Bamberg Economic Research Group.
• Muinelo-Gallo, Leonel, 2022. "Asignación, distribución y uso de los ingresos fiscales derivados de la explotación minera en Chile: un análisis de sus efectos económicos y sociales," Documentos de Proyectos 47887, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
• Constantino Cronemberger Mendes, 2022. "Equalização fiscal no Brasil, Canadá e Austrália," One Pager Portuguese 509, International Policy Centre for Inclusive Growth.
• International Monetary Fund, 2022. "Suriname: Technical Assistance Report on Government Finance Statistics Mission (December 6-17, 2021)," IMF Staff Country Reports 2022/160, International Monetary Fund.
• Oksana Bashchenko, 2022. "Bitcoin Price Factors: Natural Language Processing Approach," Swiss Finance Institute Research Paper Series 22-48, Swiss Finance Institute.
• Marius Faber & Andrés P. Sarto & Marco Tabellini, 2022. "Local Shocks and Internal Migration: The Disparate Effects of Robots and Chinese Imports in the US," NBER Working Papers 30048, National Bureau of Economic Research, Inc.
• International Monetary Fund, 2022. "Philippines: Financial Sector Assessment Program-Technical Note on Risk Assessment of Banks, Non-Financial Corporates, and Macro-Financial Linkages," IMF Staff Country Reports 2022/155, International Monetary Fund.
• La Torre, Davide & Marsiglio,Simone & Mendivil,Franklin & Privileggi, Fabio, 2022. "Stochastic Disease Spreading and Containment Policies under State-Dependent Probabilities," Department of Economics and Statistics Cognetti de Martiis. Working Papers 202205, University of Turin.
• Constantino Cronemberger Mendes, 2022. "Fiscal equalisation in Brazil, Canada and Australia: The case of states or provinces," Policy Research Brief 86, International Policy Centre for Inclusive Growth.
• Daniel Mejía & Ervyn Norza & Santiago Tobón & Martín Vanegas-Arias, 2022. "Broken windows policing and crime: Evidence from 80 Colombian cities," Documentos CEDE 20199, Universidad de los Andes, Facultad de Economía, CEDE.
• Angel de la Fuente, 2022. "Seguimiento de las reformas e inversiones del Plan de Recuperación. Boletín FEDEA no. 18," Studies on the Spanish Economy eee2022-21, FEDEA.
• Jeong, Young Sik & Oh, Gab Jin & Han, Wontae & Baek, Yaein & Kang, Eunjung & Kim, Yuri, 2023. "금융위기 전개 과정 및 요인 분석: 복잡계와 머신러닝 방법론을 중심으로(An Analysis of the Evolution and Factors of the Financial Crisis Using Complex Systems and Machine Learning)," Policy Analyses 22-17, Korea Institute for International Economic Policy.