Report NEP-MAC-2009-08-30

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:

• Dovern, Jonas & Fritsche, Ulrich & Slacalek, Jiri, 2009. "Disagreement among forecasters in G7 countries," Working Paper Series 1082, European Central Bank.
• Kilponen, Juha & Vanhala, Juuso, 2009. "Productivity and job flows: heterogeneity of new hires and continuing jobs in the business cycle," Working Paper Series 1080, European Central Bank.
• Troy Davig & Eric Leeper, 2009. "Monetary-Fiscal Policy Interactions And Fiscal Stimulus," Caepr Working Papers 2009-010, Center for Applied Economics and Policy Research, Economics Department, Indiana University Bloomington.
• Eric M. Leeper, 2009. "Anchoring Fiscal Expectations," Caepr Working Papers 2009-015, Center for Applied Economics and Policy Research, Economics Department, Indiana University Bloomington.
• Troy Davig & Eric M. Leeper, 2009. "Expectations And Fiscal Stimulus," Caepr Working Papers 2009-006, Center for Applied Economics and Policy Research, Economics Department, Indiana University Bloomington.
• Ehrmann, Michael & Sondermann, David, 2009. "The reception of public signals in financial markets - what if central bank communication becomes stale?," Working Paper Series 1077, European Central Bank.
• Ester Faia & Wolfgang Lechthaler & Christian Merkl, 2009. "Labor Turnover Costs, Workers' Heterogeneity and Optimal Monetary Policy," Kiel Working Papers 1534, Kiel Institute for the World Economy.
• Philippe Moutot & Giovanni Vitale, 2009. "Monetary policy strategy in a global environment," Occasional Paper Series 106, European Central Bank.
• Margarita Rubio, 2009. "Housing market heterogeneity in a monetary union," Working Papers 0916, Banco de España.
• Guglielmo Maria Caporale & Luca Onorante & Paolo Paesani, 2009. "Inflation and Inflation Uncertainty in the Euro Area," Discussion Papers of DIW Berlin 909, DIW Berlin, German Institute for Economic Research.
• Carlo Favero & Francesco Giavazzi, 2009. "How large are the effects of tax changes?," NBER Working Papers 15303, National Bureau of Economic Research, Inc.
• Ansgar Belke & Jens Klose, 2009. "Does the ECB Rely on a Taylor Rule?: Comparing Ex-post with Real Time Data," Discussion Papers of DIW Berlin 917, DIW Berlin, German Institute for Economic Research.
• Ida Wolden Bache & James Mitchell & Francesco Ravazzolo & Shaun P. Vahey, 2009. "Macro modelling with many models," Working Paper 2009/15, Norges Bank.
• Vasco Cúrdia & Michael Woodford, 2009. "Credit Spreads and Monetary Policy," NBER Working Papers 15289, National Bureau of Economic Research, Inc.
• Michael Plante, 2009. "How Should Monetary Policy Respond to Changes in the Relative Price of Oil? Considering Supply and Demand Shocks," Caepr Working Papers 2009-013, Center for Applied Economics and Policy Research, Economics Department, Indiana University Bloomington.
• Mala Raghavan & George Athanasopoulos & Param Silvapulle, 2009. "VARMA models for Malaysian Monetary Policy Analysis," Monash Econometrics and Business Statistics Working Papers 6/09, Monash University, Department of Econometrics and Business Statistics.
• Eric Leeper & Todd B. Walker & Susan Shu-Chun Yang, 2009. "Government Investment And Fiscal Stimulus In The Short And Long Runs," Caepr Working Papers 2009-011, Center for Applied Economics and Policy Research, Economics Department, Indiana University Bloomington.
• Seiya Fujisaki & Kazuo Mino, 2009. "Long-Run Impacts of Inflation Tax in the Presence of Maintenance Expenditures," KIER Working Papers 677, Kyoto University, Institute of Economic Research.
• Item repec:inu:caeprp:2009-017 is not listed on IDEAS anymore

• Zsolt Darvas, 2009. "The Impact of the Crisis on Budget Policy in Central and Eastern Europe," Working Papers 0904, Department of Mathematical Economics and Economic Analysis, Corvinus University of Budapest.
• Gui Pedro de Mendonça, 2009. "Growth, Fiscal Policy and the Informal Sector in a Small Open Economy," EERI Research Paper Series EERI_RP_2009_16, Economics and Econometrics Research Institute (EERI), Brussels.
• Ayako Kondo & Justin Svec, 2009. "Fiscal Policy Cyclicality and Growth within the U.S. States," Working Papers 0911, College of the Holy Cross, Department of Economics.
• Silvio Contessi & Johanna Francis, 2009. "U.S. Commercial Bank Lending through 2008:Q4: New Evidence from Gross Credit Flows," Fordham Economics Discussion Paper Series dp2009-04, Fordham University, Department of Economics.
• Eric M. Leeper & Michael Plante & Nora Traum, 2009. "Dynamics Of Fiscal Financing In The United States," Caepr Working Papers 2009-012, Center for Applied Economics and Policy Research, Economics Department, Indiana University Bloomington.
• Bennett T. McCallum, 2009. "The Role of "Determinacy" in Monetary Policy Analysis," IMES Discussion Paper Series 09-E-17, Institute for Monetary and Economic Studies, Bank of Japan.
• Maximo Camacho & Gabriel Perez-Quiros & Hugo Rodríguez Mendizábal, 2009. "High-growth Recoveries, Inventories and the Great Moderation," Working Papers 0917, Banco de España.
• Silvio Contessi & Pierangelo De Pace & Johanna Francis, 2009. "The Cyclical Properties of Disaggregated Capital Flows," Fordham Economics Discussion Paper Series dp2009-05, Fordham University, Department of Economics.
• Jan-Egbert Sturm & Jakob de Haan, 2009. "Does central bank communication really lead to better forecasts of policy decisions?," KOF Working papers 09-236, KOF Swiss Economic Institute, ETH Zurich.
• Evers, Michael & Niemann, Stefan & Schiffbauer, Marc, 2009. "Inflation, Liquidity Risk and Long-run TFP - Growth," Papers DYNREG48, Economic and Social Research Institute (ESRI).
• Item repec:inu:caeprp:2009-016 is not listed on IDEAS anymore

• Maurice Obstfeld, 2009. "Lenders of Last Resort in a Globalized World," IMES Discussion Paper Series 09-E-18, Institute for Monetary and Economic Studies, Bank of Japan.
• John W. Galbraith & Simon van Norden, 2009. "Calibration and Resolution Diagnostics for Bank of England Density Forecasts," CIRANO Working Papers 2009s-36, CIRANO.
• Carlsson, Mikael & Nordström Skans, Oskar, 2009. "Evaluating microfoundations for aggregate price regidities: evidence from matched firm-level data on product prices and unit labor cost," Working Paper Series 1083, European Central Bank.
• SHIMIZU Chihiro & NISHIMURA Kiyohiko G. & WATANABE Tsutomu, 2009. "Residential Rents and Price Rigidity: Micro structure and macro consequences," Discussion papers 09044, Research Institute of Economy, Trade and Industry (RIETI).
• Jorge M. Streb & Daniel Lema, 2009. "Temporal aggregation in political budget cycles," CEMA Working Papers: Serie Documentos de Trabajo. 403, Universidad del CEMA.
• Olaf Posch & Klaus Wälde, 2009. "On the non-causal link between volatility and growth," Economics Working Papers 2009-10, Department of Economics and Business Economics, Aarhus University.
• Salman, A. Khalik & von Friedrichs, Yvonne & Shukur, Ghazi, 2009. "Macroeconomic Factors and Swedish Small and Medium-Sized Manufacturing Firm Failure," Working Paper Series in Economics and Institutions of Innovation 185, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
• James K. Galbraith, 2009. "Financial and Monetary Issues as the Crisis Unfolds," Economics Public Policy Brief Archive ppb_103, Levy Economics Institute.
• Ivo Maes, 2009. "Economic thought at the European Commission and the creation of EMU (1957-1991)," Working Papers - Dipartimento di Economia 2, Dipartimento di Economia, Sapienza University of Rome, revised May 2009.
• Reinhart, Carmen & Reinhart, Vincent, 2009. "Fiscal stimulus for debt intolerant countries?," MPRA Paper 16937, University Library of Munich, Germany.
• Ralf Hepp & Jürgen von Hagen, 2009. "Fiscal Federalism in Germany: Stabilization and Redistribution Before and After Unification," Fordham Economics Discussion Paper Series dp2009-06, Fordham University, Department of Economics.
• Masako Ikefuji & Kazuo Mino, 2009. "Internal vs. External Habit Formation in a Growing Economy with Overlapping Generations," KIER Working Papers 676, Kyoto University, Institute of Economic Research.
• George M. von Furstenberg, 2009. "Policy Responses during the Depth of the 2007-09 Financial Crisis: Instrument Innovations, Executive Reconfigurations, and Legacies for U.S. Governance," Caepr Working Papers 2009-007, Center for Applied Economics and Policy Research, Economics Department, Indiana University Bloomington.
• Kaushik Basu, 2009. "A Simple Model of the Financial Crisis of 2007-9 with Implications for the Design of a Stimulus Package," Working Papers id:2179, eSocialSciences.
• El Qalli Yassine, 2009. "Term Structure Equations Under Benchmark Framework," EERI Research Paper Series EERI_RP_2009_13, Economics and Econometrics Research Institute (EERI), Brussels.
• Dean Baker, 2009. "CBO Projects More Severe Downturn," CEPR Reports and Issue Briefs 2009-29, Center for Economic and Policy Research (CEPR).
• Lee E. Ohanian, 2009. "What - or Who - Started the Great Depression?," NBER Working Papers 15258, National Bureau of Economic Research, Inc.
• Edvinsson, Rodney & Franzén, Bo & Söderberg, Johan, 2009. "The Swedish System of Payment 995-1534," Stockholm Papers in Economic History 9, Stockholm University, Department of Economic History.
• Lasse Heje Pedersen, 2009. "When Everyone Runs for the Exit," NBER Working Papers 15297, National Bureau of Economic Research, Inc.
• Schulz, Alexander & Wolff, Guntram B., 2009. "Sovereign bond market integration: the euro, trading platforms and financial crises," MPRA Paper 16900, University Library of Munich, Germany.
• Daron Acemoglu & Mikhail Golosov & Aleh Tsyvinski, 2009. "Political Economy of Ramsey Taxation," NBER Working Papers 15302, National Bureau of Economic Research, Inc.
• Goo, Siwei & Siregar, Reza Y. Siregar, 2009. "Economic Shocks and Exchange Rate as a Shock Absorber in Indonesia and Thailand," MPRA Paper 16875, University Library of Munich, Germany.
• Martin S. Feldstein, 2009. "Economic Conditions and U.S. National Security in the 1930s and Today," NBER Working Papers 15290, National Bureau of Economic Research, Inc.
• Item repec:hhs:bofrdp:2009_017 is not listed on IDEAS anymore

• Jan Schnellenbach & Thushyanthan Baskaran & Lars P. Feld, 2009. "Creative Destruction and Fiscal Institutions: A Long-Run Case Study of Three Regions," Papers on Economics and Evolution 2009-08, Philipps University Marburg, Department of Geography.