Report NEP-MAC-2021-03-15
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, or Bluesky.
Other reports in NEP-MAC
The following items were announced in this report:
- Saki Bigio & Yuliy Sannikov, 2021. "A Model of Credit, Money, Interest, and Prices," NBER Working Papers 28540, National Bureau of Economic Research, Inc.
- Marcin Kolasa & Grzegorz Wesołowski, 2021. "Quantitative Easing in the US and Financial Cycles in Emerging Markets," KAE Working Papers 2021-063, Warsaw School of Economics, Collegium of Economic Analysis.
- C Bora Durdu & Molin Zhong, 2021. "Understanding bank and non-bank credit cycles: a structural exploration," BIS Working Papers 919, Bank for International Settlements.
- Habiyaremye, Alexis & Jacobs, Peter & Molewa, Olebogeng & Lekomanyane, Pelontle, 2021. "Macroeconomic stimulus packages and income inequality in developing countries: Lessons from the 2007-9 Great Recession for the Covid-19 crisis in South Africa," MERIT Working Papers 2021-006, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
- Alina Carare & Carlos de Resende & Andrew T. Levin & Chelsea Zhang, 2021. "Do Monetary Policy Frameworks Matter in Low Income Countries?," NBER Working Papers 28536, National Bureau of Economic Research, Inc.
- Iryna Kaminska & Haroon Mumtaz & Roman Sustek, 2021. "Monetary policy surprises and their transmission through term premia and expected interest rates," Bank of England working papers 914, Bank of England.
- Luciana Galeano & Alejandro Izquierdo & Jorge P. Puig & Carlos A. Vegh & Guillermo Vuletin, 2021. "Can Automatic Government Spending Be Procyclical?," NBER Working Papers 28521, National Bureau of Economic Research, Inc.
- Evans, Trevor, 2021. "The twilight of neoliberalism in the USA?," IPE Working Papers 157/2021, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Sebastian Edwards & Luis Cabezas, 2021. "Exchange Rate Pass-Through, Monetary Policy, and Real Exchange Rates: Iceland and the 2008 Crisis," NBER Working Papers 28520, National Bureau of Economic Research, Inc.
- Eckhard Hein & Ryan Woodgate, 2020. "Stability issues in Kaleckian models driven by autonomous demand growth - Harrodian instability and debt dynamics," FMM Working Paper 55-2020, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Robert Oleschak, 2021. "Financial inclusion, technology and their impacts on monetary and fiscal policy: theory and evidence," Working Papers 2021-04, Swiss National Bank.
- Verónica Acurio Vásconez & Olivier Damette & David W. Shanafelt, 2021. "Macroepidemics and unconventional monetary policy: Coupling macroeconomics and epidemiology in a financial DSGE-SIR framework," Working Papers of BETA 2021-04, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Lucas Hafemann, 2021. "Prudential Policies in the Eurozone: A Propensity Score Matching Approach," MAGKS Papers on Economics 202109, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
- Nélida Díaz Sobrino & Corinna Ghirelli & Samuel Hurtado & Javier J. Pérez & Alberto Urtasun, 2020. "The narrative about the economy as a shadow forecast: an analysis using Banco de España quarterly reports," Working Papers 2042, Banco de España.
- Leopold Ringwald & Thomas O. Zörner, 2021. "The money-inflation nexus revisited," Department of Economics Working Papers wuwp310, Vienna University of Economics and Business, Department of Economics.
- Jérémy Fouliard & Michael Howell & Hélène Rey, 2021. "Answering the Queen: Machine learning and financial crises," BIS Working Papers 926, Bank for International Settlements.
- Jan Behringer, 2020. "Factor shares and the rise in corporate net lending," FMM Working Paper 53-2020, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Romain Baeriswyl & Lucas Marc Fuhrer & Petra Gerlach & Jörn Tenhofen, 2021. "The dynamics of bank rates in a negative-rate environment - the Swiss case," Working Papers 2021-05, Swiss National Bank.
- Laurence M. Ball & N. Gregory Mankiw, 2021. "Market Power in Neoclassical Growth Models," NBER Working Papers 28538, National Bureau of Economic Research, Inc.
- Mathias Hoffmann & Iryna Stewen & Michael Stiefel, 2021. "Growing like Germany: local public debt, local banks, low private investment," ECON - Working Papers 380, Department of Economics - University of Zurich, revised Dec 2023.
- Stefano Carattini & Garth Heutel & Givi Melkadze, 2021. "Climate Policy, Financial Frictions, and Transition Risk," NBER Working Papers 28525, National Bureau of Economic Research, Inc.
- Kroencke, Tim-Alexander & Schmeling, Maik & Schrimpf, Andreas, 2021. "The FOMC risk shift," SAFE Working Paper Series 302, Leibniz Institute for Financial Research SAFE.
- Anna Belianska & Aurélien Eyquem & Céline Poilly, 2021. "The Transmission Channels of Government Spending Uncertainty," AMSE Working Papers 2115, Aix-Marseille School of Economics, France.
- Olivier Coibion & Yuriy Gorodnichenko & Michael Weber & Michael Weber, 2021. "Fiscal Policy and Households' Inflation Expectations: Evidence from a Randomized Control Trial," CESifo Working Paper Series 8905, CESifo.
- Nadiia Shapovalenko, 2021. "A BVAR Model for Forecasting Ukrainian Inflation," IHEID Working Papers 05-2021, Economics Section, The Graduate Institute of International Studies.
- Javier Andrés & Óscar Arce & Pablo Burriel, 2021. "Market polarization and the phillips curve," Working Papers 2106, Banco de España.
- Jiaqi Li, 2021. "Imperfect Banking Competition and Macroeconomic Volatility: A DSGE Framework," Staff Working Papers 21-12, Bank of Canada.
- Hideaki Aoyama & Corrado Di Guilmi & Yoshi Fujiwara & Hiroshi Yoshikawa, 2021. "Dual Labor Market and the "Phillips Curve Puzzle"," Papers 2103.06482, arXiv.org.
- Hideaki AOYAMA & Corrado DI GUILMI & Yoshi FUJIWARA & Hiroshi YOSHIKAWA, 2021. "Dual Labor Market and the "Phillips Curve Puzzle"," Discussion papers 21006, Research Institute of Economy, Trade and Industry (RIETI).
- Benjamin Friedrich & Lisa Laun & Costas Meghir, 2021. "Income Dynamics of Immigrants and Natives in Sweden 1985-2016," NBER Working Papers 28527, National Bureau of Economic Research, Inc.
- Tanaka, Yasuhito, 2021. "完全雇用実現のための財政政策について: 世代重複モデルによる理論的分析 [On the fiscal policy for full employment: Theoretical analysis with an overlapping generations model]," MPRA Paper 106546, University Library of Munich, Germany.
- Gaillard, Alexandre & Kankanamge, Sumudu, 2021. "Entrepreneurship and Labor Market Mobility: the Role of Unemployment Insurance," TSE Working Papers 21-1187, Toulouse School of Economics (TSE).
- Nezih Guner & Javier López-Segovia & Roberto Ramos, 2020. "Reforming the individual income tax in Spain," Working Papers 2043, Banco de España.
- Zhengyang Jiang & Hanno Lustig & Stijn Van Nieuwerburgh & Mindy Z. Xiaolan, 2021. "Manufacturing Risk-Free Government Debt," CESifo Working Paper Series 8902, CESifo.
- Andrea Bellucci & Alexander Borisov & Gianluca Gucciardi & Alberto Zazzaro, 2021. "The Reallocation Effects of COVID-19: Evidence from Venture Capital Investments around the World," CSEF Working Papers 602, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Item repec:fip:a00001:90108 is not listed on IDEAS anymore
- Camehl, Annika & Rieth, Malte, 2021. "Disentangling Covid-19, economic mobility, and containment policy shocks," IWH Discussion Papers 2/2021, Halle Institute for Economic Research (IWH).
- Federico Bassi & Tom Bauermann & Dany Lang & Mark Setterfield, 2020. "Is capacity utilization variable in the long run? An agent-based sectoral approach to modeling hysteresis in the normal rate of capacity utilization," FMM Working Paper 56-2020, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Yongyang Cai & Kenneth L. Judd, 2021. "A Simple but Powerful Simulated Certainty Equivalent Approximation Method for Dynamic Stochastic Problems," NBER Working Papers 28502, National Bureau of Economic Research, Inc.
- Robert Hetzel, 2021. "A Quantity Theory Framework for Thinking about Monetary Policy," Studies in Applied Economics 174, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
- Lei Fang & Fang Yang, 2021. "Consumption and Hours between the United States and France," FRB Atlanta Working Paper 2021-7, Federal Reserve Bank of Atlanta.
- Eric Alexander Sugandi, 2020. "Indonesia’s Financial Markets and Monetary Policy Dynamics Amid the Covid-19 Pandemic," ADBI Working Papers 1198, Asian Development Bank Institute.
- Armelius, Hanna & Claussen, Carl Andreas & Hull, Isaiah, 2021. "On the possibility of a cash-like CBDC," EconStor Preprints 231485, ZBW - Leibniz Information Centre for Economics.
- Item repec:upd:utmpwp:030 is not listed on IDEAS anymore
- International Monetary Fund, 2021. "Paraguay: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Paraguay," IMF Staff Country Reports 2021/045, International Monetary Fund.
- Stefania Albanesi & Jiyeon Kim, 2021. "The Gendered Impact of the COVID-19 Recession on the US Labor Market," NBER Working Papers 28505, National Bureau of Economic Research, Inc.
- Ioannis Chatziantoniou & David Gabauer & Alexis Stenfors, 2021. "Interest Rate Swaps and the Transmission Mechanism of Monetary Policy: A Quantile Connectedness Approach," Working Papers in Economics & Finance 2021-03, University of Portsmouth, Portsmouth Business School, Economics and Finance Subject Group.
- T. Carraro & Edoardo Gaffeo & Marco Gallegati, 2021. "Risk and Strategic Complementarities: Banks Behavior, Supervision and Macroprudential Policies," Working Papers 452, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
- Niftiyev, Ibrahim, 2021. "Understanding Principal Component Analysis (PCA) in the Azerbaijan Economy: Case Studies of Vegetable and Fruit Sectors," EconStor Preprints 230316, ZBW - Leibniz Information Centre for Economics.
- Odhiambo, Nicholas M, 2021. "Foreign direct investment and economic growth in Kenya: An empirical investigation," Working Papers 27168, University of South Africa, Department of Economics.
- International Monetary Fund, 2021. "Indonesia: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Indonesia," IMF Staff Country Reports 2021/046, International Monetary Fund.
- Janet Hua & Yu Zhu, 2021. "Monetary Policy Pass-Through with Central Bank Digital Currency," Staff Working Papers 21-10, Bank of Canada.
- Klaus Gründler & Tommy Krieger, 2021. "Using Machine Learning for Measuring Democracy: An Update," CESifo Working Paper Series 8903, CESifo.
- Youngsoo Jang & Soyoung Lee, 2021. "A Generalized Endogenous Grid Method for Default Risk Models," Staff Working Papers 21-11, Bank of Canada.
- International Monetary Fund, 2021. "Costa Rica: 2021 Article IV Consultation and Request for an Extended Arrangement Under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Costa Rica," IMF Staff Country Reports 2021/048, International Monetary Fund.
- Pencavel, John H., 2021. "Hours, Employment, and Earnings of American Manufacturing Workers from the Nineteenth to the Twenty-First Centuries," IZA Discussion Papers 14175, Institute of Labor Economics (IZA).
- Raphael Auer & Cyril Monnet & Hyun Song Shin, 2021. "Distributed ledgers and the governance of money," BIS Working Papers 924, Bank for International Settlements.
- Yunus Aksoy & Henrique S. Basso & Carolyn St Aubyn, 2021. "Time variation in lifecycle consumption and income," Working Papers 2111, Banco de España.
- Toptancı, Ali İskan, 2021. "The Effects of Oil Price Shock on the World Economy: A Macroeconomic Analysis," EconStor Research Reports 231406, ZBW - Leibniz Information Centre for Economics.
- International Monetary Fund, 2021. "Bosnia and Herzegovina: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bosnia and Herzegovina," IMF Staff Country Reports 2021/043, International Monetary Fund.
- Kéa Baret & Amélie Barbier-Gauchard & Théophilos Papadimitriou, 2021. "Forecasting the Stability and Growth Pact compliance using Machine Learning," Working Papers of BETA 2021-01, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Kevin Genna & Christian Ghiglino & Kazuo Nishimura & Alain Venditti, 2021. "Knowledge-Based Structural Change," AMSE Working Papers 2119, Aix-Marseille School of Economics, France.
- Persyn, Damiaan, 2021. "Aggregation bias in wage rigidity estimation," MPRA Paper 106464, University Library of Munich, Germany.
- Pedro Bento, 2020. "Female Entrepreneurship in the U.S. 1982 - 2012: Implications for Welfare and Aggregate Output," Working Papers 20201201-001, Texas A&M University, Department of Economics.
- Mitman, Kurt & Rabinovich, Stanislav, 2021. "Whether, When and How to Extend Unemployment Benefits: Theory and Application to COVID-19," IZA Discussion Papers 14085, Institute of Labor Economics (IZA).
- Gabriel E. Kreindler & Yuhei Miyauchi, 2021. "Measuring Commuting and Economic Activity inside Cities with Cell Phone Records," NBER Working Papers 28516, National Bureau of Economic Research, Inc.
- Eeva Kerola & Benoit Mojon, 2021. "What 31 provinces reveal about growth in China," BIS Working Papers 925, Bank for International Settlements.
- International Monetary Fund, 2021. "Democratic Republic of São Tomé: Second Review under the Extended Credit Facility, Request for Waiver for Nonobservance of Performance Criterion, Request for Modification of Performance Criteria, and ," IMF Staff Country Reports 2021/051, International Monetary Fund.
- Ringwald, Leopold & Zörner, Thomas O., 2021. "The money-inflation nexus revisited," Department of Economics Working Paper Series 310, WU Vienna University of Economics and Business.
- David Martinez Turegano, 2021. "The transmission of productivity through global value chains: formal concept and application to recent developments in the EU27," JRC Research Reports JRC122076, Joint Research Centre.
- Gabriel Jiménez & David Martínez-Miera & José-Luis Peydró, 2020. "Who Truly Bears (Bank) Taxes? Evidence from Only Shifting Statutory Incidence," Working Papers 2040, Banco de España.
- Marcelo Garriga, 2019. "Repensando el impuesto al valor agregado," CEFIP, Working Papers 033, CEFIP, Universidad Nacional de La Plata.
- Claire Greene & Brian Prescott & Oz Shy, 2021. "How People Pay Each Other: Data, Theory, and Calibrations," FRB Atlanta Working Paper 2021-11, Federal Reserve Bank of Atlanta.
- Boris Fisera & Menbere Workie Tiruneh & David Hojdan, 2021. "Currency Depreciations in Emerging Economies: A Blessing or a Curse for External Debt Management?," Working Papers IES 2021/06, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Mar 2021.
- Pierre-Olivier Gourinchas & Ṣebnem Kalemli-Özcan & Veronika Penciakova & Nick Sander, 2021. "COVID-19 and SMEs: A 2021 "Time Bomb"?," FRB Atlanta Working Paper 2021-6, Federal Reserve Bank of Atlanta.
- Juliane Begenau & Tim Landvoigt, 2021. "Financial Regulation in a Quantitative Model of the Modern Banking System," NBER Working Papers 28501, National Bureau of Economic Research, Inc.
- Mr. Luis Brandao-Marques & Mr. Roland Meeks & Gunes Kamber, 2021. "Negative Interest Rates: Taking Stock of the Experience So Far," IMF Departmental Papers / Policy Papers 2021/003, International Monetary Fund.
- Kenichiro McAlinn & Kosaku Takanashi, 2021. "Convergence of Computed Dynamic Models with Unbounded Shock," Papers 2103.06483, arXiv.org.
- Andre M. Marques & Gilberto Tadeu Lima, 2021. "Testing for Granger Causality in Quantiles Between the Wage Share and Capacity Utilization," Working Papers, Department of Economics 2021_03, University of São Paulo (FEA-USP).
- Jesús Fernández-Villaverde & Federico Mandelman & Yang Yu & Francesco Zanetti, 2021. "The “Matthew Effect” and Market Concentration: Search Complementarities and Monopsony Power," NBER Working Papers 28495, National Bureau of Economic Research, Inc.
- Chakraborty, Lekha, 2021. "Macroeconomic Framework of Union Budget 2021-22: Reconsidering the Fiscal Rules," Working Papers 21/328, National Institute of Public Finance and Policy.
- Anmol Bhandari & Serdar Birinci & Ellen R. McGrattan & Kurt See, 2019. "What Do Survey Data Tell Us about US Businesses?," Working Papers 2019-021, Federal Reserve Bank of St. Louis, revised Jan 2020.
- Jasmien De Winne & Gert Peersman, 2021. "The Adverse Consequences Of Global Harvest And Weather Disruptions On Economic Activity," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 21/1012, Ghent University, Faculty of Economics and Business Administration.
- Claudia M. Buch & Matthieu Bussiere & Linda S. Goldberg, 2021. "Will Capital Flows through Global Banks Support Economic Recovery?," Liberty Street Economics 20210301, Federal Reserve Bank of New York.
- Kohei Hasui & Teruyoshi Kobayashi & Tomohiro Sugo, 2021. "Optimal irreversible monetary policy," Discussion Papers 2109, Graduate School of Economics, Kobe University.
- Alejandro Rojas-Bernal & Mauricio Villamizar-Villegas, 2021. "Pricing the exotic: Path-dependent American options with stochastic barriers," Borradores de Economia 1156, Banco de la Republica de Colombia.
- Hirsch, Patrick & Köhler, Ekkehard A. & Feld, Lars P. & Thomas, Tobias, 2020. ""Whatever it takes!": How tonality of TV-news affects government bond yield spreads during crises," Freiburg Discussion Papers on Constitutional Economics 20/9, Walter Eucken Institut e.V..
- Schreiber, Sven & Schmidt, Vanessa, 2021. "Missing growth measurement in Germany," Discussion Papers 2021/7, Free University Berlin, School of Business & Economics.
- Jianchao Fan & Jing Liu & Yinggang Zhou, 2021. "Investing like conglomerates: is diversification a blessing or curse for China's local governments?," BIS Working Papers 920, Bank for International Settlements.
- Emin M. Dinlersoz & Timothy Dunne & John Haltiwanger & Veronika Penciakova, 2021. "Business Formation: A Tale of Two Recessions," FRB Atlanta Working Paper 2021-5, Federal Reserve Bank of Atlanta.
- Dorsaf Elbir Merhbene, 2021. "The relationship between non-performing loans, banking system stability and economic activity: The case of Tunisia," IHEID Working Papers 03-2021, Economics Section, The Graduate Institute of International Studies.
- Roberto Casarin & Stefano Grassi & Francesco Ravazzolo & Herman K. van Dijk, 2021. "A Bayesian Dynamic Compositional Model for Large Density Combinations in Finance," Tinbergen Institute Discussion Papers 21-016/III, Tinbergen Institute.
- Raphaël DIDIER, 2020. "La résilience des monnaies locales françaises à la crise de la covid-19. Une analyse basée sur le Florain," Working Papers of BETA 2020-56, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Juan C. Palomino & Juan G. Rodríguez & Raquel Sebastian, 2021. "The COVID-19 shock on the labour market: Poverty and inequality effects across Spanish regions," Documentos de Trabajo del ICAE 2021-03, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
- Jeremy Greenwood & Yueyuan Ma & Mehmet Yorukoglu, 2021. "‘You Will:’ A Macroeconomic Analysis of Digital Advertising," NBER Working Papers 28537, National Bureau of Economic Research, Inc.