Report NEP-MAC-2013-12-06

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:

• Eric M. Leeper & Xuan Zhou, 2013. "Inflation's Role in Optimal Monetary-Fiscal Policy," NBER Working Papers 19686, National Bureau of Economic Research, Inc.
• Stefan Behrendt, 2013. "Monetary Transmission via the Central Bank Balance Sheet," Global Financial Markets Working Paper Series 49-2013, Friedrich-Schiller-University Jena.
• Anna Sokolova, 2013. "Fiscal Limits and Monetary Policy: Default vs. Inflation," HSE Working papers WP BRP 39/EC/2013, National Research University Higher School of Economics.
• Oleksiy Kryvtsov & Luba Petersen, 2013. "Expectations and Monetary Policy: Experimental Evidence," Staff Working Papers 13-44, Bank of Canada.
• Saroj Bhattarai & Jae Won Lee & Woong Yong Park, 2013. "Inflation Dynamics: The Role of Public Debt and Policy Regimes," CAMA Working Papers 2013-75, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Tomasz Łyziak, 2013. "A note on central bank transparency and credibility in Poland," NBP Working Papers 162, Narodowy Bank Polski.
• Linda S. Goldberg & Dr. Christian Grisse, 2013. "Time variation in asset price responses to macro announcements," Working Papers 2013-11, Swiss National Bank.
• Prasad, Eswar, 2013. "Distributional Effects of Macroeconomic Policy Choices in Emerging Market Economies," IZA Discussion Papers 7777, Institute of Labor Economics (IZA).
• Aleksandar Vasilev, 2013. "Fiscal policy in a Real-Business-Cycle model with labor-intensive government services and endogenous public sector wages and hours," Working Papers 2013_18, Business School - Economics, University of Glasgow.
• Gitanjali Kumar, 2013. "High-Frequency Real Economic Activity Indicator for Canada," Staff Working Papers 13-42, Bank of Canada.
• Guillermo Calvo & Fabrizio Coricelli & Pablo Ottonello, 2013. "Jobless Recoveries During Financial Crises: Is Inflation the Way Out?," NBER Working Papers 19683, National Bureau of Economic Research, Inc.
• Martin Brown & Ralph De Haas & Vladimir Sokolov, 2013. "Regional inflation and financial dollarisation," Working Papers 163, European Bank for Reconstruction and Development, Office of the Chief Economist.
• Anthony J Laramie & Douglas Mair, 2013. "Fiscal policy: Its role in an independent Scotland," Working Papers PKWP1307, Post Keynesian Economics Society (PKES).
• Monica Jain, 2013. "Perceived Inflation Persistence," Staff Working Papers 13-43, Bank of Canada.
• Item repec:ctc:serie1:def3 is not listed on IDEAS anymore

• Paweł Borys & Piotr Ciżkowicz & Andrzej Rzońca, 2013. "Panel data evidence on the effects of fiscal impulses in the EU New Member States," NBP Working Papers 161, Narodowy Bank Polski.
• Nawalage S. Cooray, 2013. "An Empirical Analysis of Inflation-Growth Nexus in Developing Countries: The Case of Sri Lanka," Working Papers EMS_2013_21, Research Institute, International University of Japan.
• William Dudley, 2013. "The national and regional economy," Speech 124, Federal Reserve Bank of New York.
• Gabriel Chodorow-Reich & Loukas Karabarbounis, 2013. "The Cyclicality of the Opportunity Cost of Employment," NBER Working Papers 19678, National Bureau of Economic Research, Inc.
• Aleksandar Vasilev, 2013. "On the cost of rent-seeking by government bureaucrats in a Real-Business-Cycle framework," Working Papers 2013_20, Business School - Economics, University of Glasgow.
• Marina Azzimonti-Renzo, 2013. "Polarized business cycles," Working Papers 13-44, Federal Reserve Bank of Philadelphia.
• Bianca De Paoli & Matthias Paustian, 2013. "Coordinating monetary and macroprudential policies," Staff Reports 653, Federal Reserve Bank of New York.
• Jan-Egbert Sturm & Anna Samarina, 2013. "Factors Leading to Inflation Targeting," KOF Working papers 13-346, KOF Swiss Economic Institute, ETH Zurich.
• Cardullo, Gabriele & Guerrazzi, Marco, 2013. "The Cyclical Volatility of Equilibrium Unemployment and Vacancies: Evidence from Italy," MPRA Paper 51726, University Library of Munich, Germany.
• Maria Grazia Miele, 2013. "The effects of capital requirements on real economy: a cointegrated VAR approach for US commercial banks," Working Papers in Public Economics 163, Department of Economics and Law, Sapienza University of Roma.
• Rangan Gupta & Patrick Kanda & Mampho Modise & Alessia Paccagnini, 2013. "DGSE Model-Based Forecasting of Modeled and Non-Modeled Inflation Variables in South Africa," Working Papers 259, University of Milano-Bicocca, Department of Economics, revised Nov 2013.
• William Dudley, 2013. "U.S. and regional economic conditions," Speech 126, Federal Reserve Bank of New York.
• Levine, P. & Pearlman, J. & Yang, B., 2013. "Imperfection Information, Optimal Monetary Policy and Informational Consistency," Working Papers 13/13, Department of Economics, City University London.
• Andersson, Fredrik N.G. & Li, Yushu, 2013. "How Flexible are the Inflation Targets? A Bayesian MCMC Estimator of the Long Memory Parameter in a State Space Model," Working Papers 2013:38, Lund University, Department of Economics.
• Lena Dräger & Ulrich Fritsche, 2013. "Don't Worry, Be Right! Survey Wording Effects on In flation Perceptions and Expectations," Macroeconomics and Finance Series 201308, University of Hamburg, Department of Socioeconomics.
• Busl, Claudia & Seymen, Atılım, 2013. "The German labour market reforms in a European context: A DSGE analysis," ZEW Discussion Papers 13-097, ZEW - Leibniz Centre for European Economic Research.
• Thorsten Drautzburg & Harald Uhlig, 2013. "Fiscal stimulus and distortionary taxation," Working Papers 13-46, Federal Reserve Bank of Philadelphia.
• Michael Hatcher, 2013. "The inflation risk premium on government debt in an overlapping generations model," Working Papers 2013_17, Business School - Economics, University of Glasgow.
• S. Boragan Aruoba & Luigi Bocola & Frank Schorfheide, 2013. "Assessing DSGE model nonlinearities," Working Papers 13-47, Federal Reserve Bank of Philadelphia.
• Owen F. Humpage & Sanchita Mukherjee, 2013. "Even keel and the Great Inflation," Working Papers (Old Series) 1315, Federal Reserve Bank of Cleveland.
• Rendon, Silvio & Quella, Núria, 2013. "Behind the Great Recession: Job Search and Housing Decisions," IZA Discussion Papers 7773, Institute of Labor Economics (IZA).
• Item repec:dau:papers:123456789/12185 is not listed on IDEAS anymore

• Antoine Mandel & Simone Landini & Mauro Gallegati & Herbert Gintis, 2013. "Price dynamics, financial fragility and aggregate volatility," Documents de travail du Centre d'Economie de la Sorbonne 13076, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
• Bindseil, Ulrich, 2013. "Central bank collateral, asset fire sales, regulation and liquidity," Working Paper Series 1610, European Central Bank.
• Richard W. Fisher, 2013. "A U.S. economic update and perspective on monetary policy (with reference to Leslie W. Fisher)," Speeches and Essays 140, Federal Reserve Bank of Dallas.
• Qichun He & Heng-fu Zou, 2013. "Why Doesn't the Kuznets Curve on Income Distribution Hold in Ancient China?," CEMA Working Papers 576, China Economics and Management Academy, Central University of Finance and Economics.
• Evans, Olaniyi, 2013. "On the Causality between Domestic Credit Aggregates and Economic Growth in a Multivariate VAR Framework: Evidence from Nigeria," MPRA Paper 51731, University Library of Munich, Germany.
• Bill Dupor & M. Saif Mehkari, 2013. "The analytics of technology news shocks," Working Papers 2013-036, Federal Reserve Bank of St. Louis.
• Chiara Scotti, 2013. "Surprise and uncertainty indexes: real-time aggregation of real-activity macro surprises," International Finance Discussion Papers 1093, Board of Governors of the Federal Reserve System (U.S.).
• Perry Mehrling, 2013. "MIT and Money," GREDEG Working Papers 2013-44, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
• Alois Kneip & Monika Merz & Lidia Storjohann, 2013. "Aggregation and Labor Supply Elasticities," SOEPpapers on Multidisciplinary Panel Data Research 606, DIW Berlin, The German Socio-Economic Panel (SOEP).
• Bulat Gafarov, 2013. "Do unobserved components models forecast inflation in Russia?," HSE Working papers WP BRP 35/EC/2013, National Research University Higher School of Economics.
• Papageorgiou, Chris & Saam, Marianne & Schulte, Patrick, 2013. "Elasticity of substitution between clean and dirty energy inputs: A macroeconomic perspective," ZEW Discussion Papers 13-087, ZEW - Leibniz Centre for European Economic Research.
• Karolina Konopczak, 2013. "The Balassa-Samuelson effect and the channels of its absorption in the Central and Eastern European Countries," NBP Working Papers 163, Narodowy Bank Polski.
• Hirsch, Boris & Jahn, Elke J. & Schnabel, Claus, 2013. "The Cyclical Behaviour of Employers' Monopsony Power and Workers' Wages," IZA Discussion Papers 7776, Institute of Labor Economics (IZA).
• Ben Salha, Ousama & Jaidi, Zied, 2013. "Some new evidence on the determinants of money demand in developing countries – A case study of Tunisia," MPRA Paper 51788, University Library of Munich, Germany.
• Nikolay Gospodinov & Ibrahim Jamali, 2013. "Monetary policy surprises, positions of traders, and changes in commodity futures prices," FRB Atlanta Working Paper 2013-12, Federal Reserve Bank of Atlanta.
• N. H. Dimsdale, 2013. "The Bank of England and the British Economy 1890-1913," Oxford University Economic and Social History Series _123, Economics Group, Nuffield College, University of Oxford.
• S.Chatterji & S.Ghosal, 2013. "Liquidity, moral hazard and bank crises," Working Papers 2013_21, Business School - Economics, University of Glasgow.
• Jonathan Zinman, 2013. "Consumer Credit: Too Much or Too Little (or Just Right)?," NBER Working Papers 19682, National Bureau of Economic Research, Inc.
• Alexandrer Groves, 2013. "Identifying What is Tempting," 2013 Papers pgr489, Job Market Papers.
• Campbell, Douglas L., 2013. "Relative Prices, Hysteresis, and the Decline of American Manufacturing," MPRA Paper 51723, University Library of Munich, Germany.
• Gauti B. Eggertsson & Andrea Ferrero & Andrea Raffo, 2013. "Can structural reforms help Europe?," International Finance Discussion Papers 1092, Board of Governors of the Federal Reserve System (U.S.).
• Francisco J. Buera & Joseph P. Kaboski & Yongseok Shin, 2013. "The macroeconomics of microfinance," Working Papers 2013-034, Federal Reserve Bank of St. Louis.
• John C. Driscoll & Ruth A. Judson, 2013. "Sticky deposit rates," Finance and Economics Discussion Series 2013-80, Board of Governors of the Federal Reserve System (U.S.).
• Palme, Joakim, 2013. "Unemployment Benefits in EU Member States," Working Paper Series, Center for Labor Studies 2013:15, Uppsala University, Department of Economics.
• Fontana, Alessandro & Corradin, Stefano, 2013. "House price cycles in Europe," Working Paper Series 1613, European Central Bank.
• Gabriel Ulyssea, 2013. "Informalidade e Desempenho Econômico: Uma Análise dos Impactos Micro e Macroeconômicos de Políticas Para a Formalização," Discussion Papers 1900, Instituto de Pesquisa Econômica Aplicada - IPEA.
• Alessandra Bonfiglioli & Gino Gancia, 2015. "Heterogeneity, Selection and Labor Market Disparities," Working Papers 734, Barcelona School of Economics.
• Thomas C. Baxter, 2013. "Financial stability: the role of the Federal Reserve System," Speech 125, Federal Reserve Bank of New York.
• Vladimir Kossov & Elena Kossova, 2013. "International dispersion of retail diesel fuel prices and the estimation of normal price values," HSE Working papers WP BRP 27/EC/2013, National Research University Higher School of Economics.
• Alfred V Guender & Bernard Tolan, 2013. "The Centre Matters for the Periphery of Europe: The Predictive Ability of a GZ-Type Spread for Economic Activity in Europe," Working Papers in Economics 13/29, University of Canterbury, Department of Economics and Finance.
• Gudmundur S. Gudmundsson & Gylfi Zoega, 2013. "Age structure and the current account," Birkbeck Working Papers in Economics and Finance 1307, Birkbeck, Department of Economics, Mathematics & Statistics.
• Thorsten Drautzburg, 2013. "Entrepreneurial tail risk: implications for employment dynamics," Working Papers 13-45, Federal Reserve Bank of Philadelphia.
• Andreas Buehn & Roberto Dell'Anno & Friedrich Schneider, 2013. "Fiscal illusion and the shadow economy: Two sides of the same coin?," Economics working papers 2013-21, Department of Economics, Johannes Kepler University Linz, Austria.
• Alice Henriques Volz, 2013. "Are homeowners in denial about their house values? comparing owner perceptions with transaction-based indexes," Finance and Economics Discussion Series 2013-79, Board of Governors of the Federal Reserve System (U.S.).
• Cheng, Terence Chai & Kalb, Guyonne & Scott, Anthony, 2013. "Public, Private or Both? Analysing Factors Influencing the Labour Supply of Medical Specialists," IZA Discussion Papers 7766, Institute of Labor Economics (IZA).
• Kseniya Abanokova & Michael Lokshin, 2013. "Changes in household composition as a shock-mitigating strategy," HSE Working papers WP BRP 38/EC/2013, National Research University Higher School of Economics.
• Kirill Borissov & Ram Sewak Dubey, 2013. "A Characterization of Ramsey Equilibrium in a Model with Limited Borrowing," EUSP Department of Economics Working Paper Series Ec-08/13, European University at St. Petersburg, Department of Economics.
• William Dudley, 2013. "Ending too big to fail," Speech 123, Federal Reserve Bank of New York.
• John C. Williams, 2013. "Rebalancing the economy: a tale of two countries," Speech 126, Federal Reserve Bank of San Francisco.
• Maria Cecilia J. LUSTOSA & Yves-André FAURE, 2013. "Changements institutionnels et politiques publiques au Brésil\r\nAux sources de la réduction des inégalités sociales, de la pauvreté et des disparités régionales," Cahiers du GREThA (2007-2019) 2013-25, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
• Item repec:dau:papers:123456789/12130 is not listed on IDEAS anymore

• Item repec:ctc:serie1:def2 is not listed on IDEAS anymore

• Maria Kokoreva & Anastasia Stepanova, 2013. "Financial architecture and corporate performance: evidence from Russia," HSE Working papers WP BRP 21/FE/2013, National Research University Higher School of Economics.
• Dmitry Veselov, 2013. "Redistribution and the political support of free entry policy in the Schumpeterian model with heterogenous agents," HSE Working papers WP BRP 28/EC/2013, National Research University Higher School of Economics.
• Fernando Broner & Aitor Erce & Alberto Martin & Jaume Ventura, 2013. "Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out Effects," NBER Working Papers 19676, National Bureau of Economic Research, Inc.
• Feld, Lars P. & Osterloh, Steffen, 2013. "Is a fiscal capacity really necessary to complete EMU?," Freiburg Discussion Papers on Constitutional Economics 13/5, Walter Eucken Institut e.V..
• Federico DI PACE & Stefania VILLA, 2013. "Redistributive effects and labour market dynamics," Working Papers of Department of Economics, Leuven ces13.23, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
• Nicholas Lawson, 2013. "Fiscal Externalities and Optimal Unemployment Insurance," AMSE Working Papers 1357, Aix-Marseille School of Economics, France, revised 21 Nov 2013.
• Feld, Lars P. & Schnellenbach, Jan, 2013. "Political institutions and income (re-)distribution: Evidence from developed economies," Freiburg Discussion Papers on Constitutional Economics 13/6, Walter Eucken Institut e.V..
• Berliant, Marcus & Weiss, Adam, 2013. "Measuring Economic Growth from Outer Space: A Comment," MPRA Paper 51713, University Library of Munich, Germany.
• Grimaud, André & Neubauer, Mauricio Bermudez & Rougé, Luc, 2013. "Politiques de R&D, Taxe Carbone et Paradoxe Vert," IDEI Working Papers 806, Institut d'Économie Industrielle (IDEI), Toulouse.
• Matthias Kehrig & Nicolas Vincent, 2013. "Disentangling Labor Supply and Demand Shifts Using Spatial Wage Dispersion: The Case of Oil Price Shocks," Working Papers 13-57, Center for Economic Studies, U.S. Census Bureau.
• Evans, Olaniyi, 2013. "Correlations between the Petroleum Industry and the Per Capita Income in Nigeria: Cointegration and Error Correction Model Approach by Olaniyi Evans," MPRA Paper 51650, University Library of Munich, Germany.
• Kok, Christoffer & Schepens, Glenn, 2013. "Bank reactions after capital shortfalls," Working Paper Series 1611, European Central Bank.
• Baert, Stijn & Heylen, Freddy & Isebaert, Daan, 2013. "Does Homeownership Lead to Longer Unemployment Spells? The Role of Mortgage Payments," IZA Discussion Papers 7774, Institute of Labor Economics (IZA).
• Matteo PICCHIO & Stefano STAFFOLANI, 2013. "Does Apprenticeship Improve Job Opportunities? A Regression Discontinuity Approach," Working Papers 393, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
• N. H. Dimsdale, 2013. "The Dynamics of Consumption and Investment in the Victorian Economy," Oxford University Economic and Social History Series _122, Economics Group, Nuffield College, University of Oxford.
• Djajic, S. & Mesnard, A., 2013. "Guest Workers in the Underground Economy," Working Papers 13/05, Department of Economics, City University London.
• Hübler, Michael, 2013. "South-North convergence from a new perspective," ZEW Discussion Papers 13-104, ZEW - Leibniz Centre for European Economic Research.
• Robert Jump, 2013. "Results on the Stability of a Simple Wage Posting Model," Studies in Economics 1319, School of Economics, University of Kent.
• Fromlet, Pia, 2013. "Exchange Rates, Wages, and Export Price Dynamics," Working Papers 132, National Institute of Economic Research.
• Bryan, Mark L. & Longhi, Simonetta, 2013. "Couples' Labour Supply Responses to Job Loss: Boom and Recession Compared," IZA Discussion Papers 7775, Institute of Labor Economics (IZA).
• Anna Lukiyanova, 2013. "Earnings inequality and informal Employment in Russia," HSE Working papers WP BRP 37/EC/2013, National Research University Higher School of Economics.
• Igor Pospelov & Stanislav Radionov, 2013. "Multisector monopolistic competition model," HSE Working papers WP BRP 34/EC/2013, National Research University Higher School of Economics.
• Mitsukuni Nishida & Amil Petrin & Martin Rotemberg & T. Kirk White, 2013. "Are We Undercounting Reallocation�s Contribution to Growth?," Working Papers 13-55, Center for Economic Studies, U.S. Census Bureau.
• Macan, Vaneza Jean & Deluna, Roperto Jr, 2013. "Relationship of Income Inequality and Labor Productivity on Fertility in the Philippines: 1985-2009," MPRA Paper 51679, University Library of Munich, Germany.
• Item repec:ilo:ilowps:483583 is not listed on IDEAS anymore

• Alexander Muravyev & Aleksey Oshchepkov, 2013. "Minimum wages and labor market outcomes: evidence from the emerging economy of Russia," HSE Working papers WP BRP 29/EC/2013, National Research University Higher School of Economics.
• Timothy J. Kehoe & Jack Rossbach & Kim J. Ruhl, 2013. "Using the new products margin to predict the industry-level impact of trade reform," Staff Report 492, Federal Reserve Bank of Minneapolis.
• Cavalieri, Duccio, 2013. "On the theory of capital in post-industrial societies," MPRA Paper 51719, University Library of Munich, Germany.
• Géraldine Rieucau, 2013. "Etre employé dans la grande distribution : candidater en personne ou en ligne ?," Post-Print hal-00909656, HAL.