Report NEP-MAC-2012-03-08

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.

Other reports in NEP-MAC

The following items were announced in this report:

• Barbara Annicchiarico & Lorenza Rossi, 2012. "Monetary Policy in a New Keynesian Model with Endogenous Growth," Quaderni di Dipartimento 167, University of Pavia, Department of Economics and Quantitative Methods.
• Seok G Park, 2012. "Central Banks Quasi-Fiscal Policies and Inflation," IMF Working Papers 12/14, International Monetary Fund.
• Telyukova, Irina A. & Visschers, Ludo, 2011. "Precautionary demand for money in a monetary business cycle model," MPRA Paper 36905, University Library of Munich, Germany.
• Keith Kuester & Gernot J. Mueller & Giancarlo Corsetti & Andre Meier, 2012. "Sovereign Risk, Fiscal Policy, and Macroeconomic Stability," IMF Working Papers 12/33, International Monetary Fund.
• Conrad, Christian & Eife, Thomas A., 2012. "Explaining Inflation-Gap Persistence by a Time-Varying Taylor Rule," Working Papers 0521, University of Heidelberg, Department of Economics.
• Ugo Fasano-Filho & Qing Wang & Pelin Berkmen, 2012. "Bank of Japan's Quantitative and Credit Easing; Are they Now More Effective," IMF Working Papers 12/2, International Monetary Fund.
• Jan Vlcek & Scott Roger, 2012. "Macrofinancial Modeling At Central Banks; Recent Developments and Future Directions," IMF Working Papers 12/21, International Monetary Fund.
• Nooman Rebei & Mohamed Safouane Ben Aissa, 2012. "Price Subsidies and the Conduct of Monetary Policy," IMF Working Papers 12/15, International Monetary Fund.
• Jeannine Bailliu & Césaire Meh & Yahong Zhang, 2012. "Macroprudential Rules and Monetary Policy when Financial Frictions Matter," Staff Working Papers 12-6, Bank of Canada.
• Subir Lall & Selim Elekdag & Harun Alp, 2012. "Did Korean Monetary Policy Help Soften the Impact of the Global Financial Crisis of 2008-2009?," IMF Working Papers 12/5, International Monetary Fund.
• Hans J. Blommestein & Philip Turner, 2012. "Interactions Between Sovereign Debt Management and Monetary Policy Under Fiscal Dominance and Financial Instability," OECD Working Papers on Sovereign Borrowing and Public Debt Management 3, OECD Publishing.
• Perry, Bryan & Phillips, Kerk L. & Spencer, David E., 2012. "Real wages and monetary policy: A DSGE approach," MPRA Paper 36995, University Library of Munich, Germany.
• Michael T. Belongia & Peter N. Ireland, 2012. "The Barnett Critique After Three Decades: A New Keynesian Analysis," NBER Working Papers 17885, National Bureau of Economic Research, Inc.
• Glocker, C. & Towbin, P., 2012. "Reserve Requirements for Price and Financial Stability - When Are They Effective?," Working papers 363, Banque de France.
• Helge Berger & Henning Weber, 2012. "Money As Indicator for the Natural Rate of Interest," IMF Working Papers 12/6, International Monetary Fund.
• Alessandro Flamini, 2012. "Transmission Lags and Optimal Monetary Policy," Quaderni di Dipartimento 166, University of Pavia, Department of Economics and Quantitative Methods.
• Cizkowicz, Piotr & Rzonca, Andrzej, 2011. "Interest rates close to zero, post-crisis restructuring and natural interest rate," MPRA Paper 36989, University Library of Munich, Germany.
• Pierre-Richard Agénor & Koray Alper & Luiz Pereira da Silva, 2012. "Sudden Floods, Prudential Regulation and Stability in an Open Economy," Working Papers Series 267, Central Bank of Brazil, Research Department.
• Fujisaki, Seiya, 2012. "Interest Rate Control Rules and Macroeconomic Stability in a Heterogeneous Two-Country Model," MPRA Paper 37017, University Library of Munich, Germany.
• Robert Dubois, 2012. "The European Central Bank and Why Things Are the Way They Are: A Historic Monetary Policy Pivot Point and Moment of (Relative) Clarity," Economics Working Paper Archive wp_710, Levy Economics Institute.
• Guido Ascari & Giorgio Fagiolo & Andrea Roventini, 2012. "Fat-Tail Distributions and Business-Cycle Models," Quaderni di Dipartimento 157, University of Pavia, Department of Economics and Quantitative Methods.
• Andrea Colciago & Lorenza Rossi, 2011. "Endogenous Market Structures and Labor Market Dynamics (New version)," Quaderni di Dipartimento 155, University of Pavia, Department of Economics and Quantitative Methods.
• Alice Albonico & Sarantis Kalyvitis & Evi Pappa, 2011. "Real Business Cycles with Capital Maintenance," Quaderni di Dipartimento 147, University of Pavia, Department of Economics and Quantitative Methods.
• Rendahl, P., 2012. "Fiscal Policy in an Unemployment Crisis," Cambridge Working Papers in Economics 1211, Faculty of Economics, University of Cambridge.
• Hanan Morsy & Florence Jaumotte, 2012. "Determinants of Inflation in the Euro Area; The Role of Labor and Product Market Institutions," IMF Working Papers 12/37, International Monetary Fund.
• Benchimol, Jonathan & Fourçans, André, 2012. "The role of money and monetary policy in crisis periods: the Euro area case," ESSEC Working Papers WP1201, ESSEC Research Center, ESSEC Business School, revised 27 Feb 2012.
• Item repec:hal:journl:hal-00672806 is not listed on IDEAS anymore

• Marcio Janot & Daniel El-Jaick de Souza Mota, 2012. "O Impacto da Comunicação do Banco Central do Brasil sobre o Mercado Financeiro," Working Papers Series 265, Central Bank of Brazil, Research Department.
• John W. Keating & Victor J. Valcarcel, 2012. "Greater Moderations," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 201202, University of Kansas, Department of Economics.
• Rangan Gupta & Roula Inglesi-Lotz, 2012. "Macro Shocks and Real US Stock Prices with Special Focus on the "Great Recession"," Working Papers 201208, University of Pretoria, Department of Economics.
• Ali Alichi & Cheol Hong & Sang Chul Ryoo, 2012. "Managing Non-Core Liabilities and Leverage of the Banking System; A Building Block for Macroprudential Policy Making in Korea," IMF Working Papers 12/27, International Monetary Fund.
• John W. Keating & Victor J. Valcarcel, 2012. "What's so Great about the Great Moderation? A Multi-Country Investigation of Time-Varying Volatilities of Output Growth and Inflation," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 201204, University of Kansas, Department of Economics.
• Giavazzi, Francesco & McMahon, Michael, 2012. "The Household Effects of Government Spending," The Warwick Economics Research Paper Series (TWERPS) 977, University of Warwick, Department of Economics.
• Engin Kara, 2011. "Understanding and Modelling Reset Price Inflation," Bristol Economics Discussion Papers 11/623, School of Economics, University of Bristol, UK.
• Nicolás De Roux & Marc Hofstetter, 2012. "Sacrifice Ratios and Inflation Targeting: The Role of Credibility," Documentos CEDE 9325, Universidad de los Andes, Facultad de Economía, CEDE.
• Luís Alexandre Barbosa Guimarães, 2012. "A comment on "The effect of a common currency on the volatility of the extensive margin of trade"," FEP Working Papers 449, Universidade do Porto, Faculdade de Economia do Porto.
• John W. Keating & Victor J. Valcarcel, 2012. "The Time Varying Effects of Permanent and Transitory Shocks to Real Output," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 201203, University of Kansas, Department of Economics.
• Pau Rabanal & Juan F. Rubio-Ramirez, 2012. "Can International Macroeconomic Models Explain Low-Frequency Movements of Real Exchange Rates?," IMF Working Papers 12/13, International Monetary Fund.
• Juan Carlos Cuestas & Luis A. Gil-Alana & Karl Taylor, 2012. "Inflation convergence in Central and Eastern Europe with a view to adopting the euro," Working Papers 12-01, Asociación Española de Economía y Finanzas Internacionales.
• Item repec:fce:doctra:1208 is not listed on IDEAS anymore

• Slim, Sadri, 2011. "Los efectos macroeconómicos del lavado de dinero [Macroeonomic Effects of Money Laundering]," MPRA Paper 37031, University Library of Munich, Germany.
• Sarah Sanya & A. E. Wayne Mitchell & Angelique Kantengwa, 2012. "Prudential Liquidity Regulation in Developing Countries; A Case Study of Rwanda," IMF Working Papers 12/20, International Monetary Fund.
• Pïerre Cahuc & Stephane Carcillo, 2012. "Can Public Sector Wage Bills Be Reduced?," NBER Working Papers 17881, National Bureau of Economic Research, Inc.
• Bertrand Gruss & Jose L. Torres, 2012. "Macroeconomic and Welfare Costs of U.S. Fiscal Imbalances," IMF Working Papers 12/38, International Monetary Fund.
• Juan Carlos Hatchondo & Francisco Roch & Leonardo Martinez, 2012. "Fiscal Rules and the Sovereign Default Premium," IMF Working Papers 12/30, International Monetary Fund.
• Andrade, P. & Zachariadis, M., 2012. "Global versus local shocks in micro price dynamics," Working papers 365, Banque de France.
• Gerhard Fenz & Lukas Reiss & Martin Schneider, 2012. "A structural interpretation of the impact of the great recession on the Austrian economy using an estimated DSGE model," Working Papers 177, Oesterreichische Nationalbank (Austrian Central Bank).
• Hiroshi Morita, 2012. "Expansionary Effect of an Anticipated Fiscal Policy on Consumption in Japan," Global COE Hi-Stat Discussion Paper Series gd11-219, Institute of Economic Research, Hitotsubashi University.
• Selim Elekdag & Subir Lall & Harun Alp, 2012. "An Assessment of Malaysian Monetary Policy During the Global Financial Crisis of 2008-09," IMF Working Papers 12/35, International Monetary Fund.
• Item repec:acb:camaaa:2012-08 is not listed on IDEAS anymore

• Sebastian Dyrda & Greg Kaplan & José-Víctor Ríos-Rull, 2012. "Business Cycles and Household Formation: The Micro vs the Macro Labor Elasticity," NBER Working Papers 17880, National Bureau of Economic Research, Inc.
• Chollete, Loran & Ning, Cathy, 2012. "Asymmetric Dependence in the US Economy: Application to Money and the Phillips Curve," UiS Working Papers in Economics and Finance 2012/1, University of Stavanger.
• Peter Boone & Simon Johnson, 2012. "The European Crisis Deepens," Policy Briefs PB12-4, Peterson Institute for International Economics.
• Alice Albonico & Sarantis Kalyvitis & Evi Pappa, 2012. "Revisiting the “Productivity-Hours Puzzle” in the RBC Paradigm: The Role of Investment Adjustment Costs," Quaderni di Dipartimento 164, University of Pavia, Department of Economics and Quantitative Methods.
• Obert Nyawata, 2012. "Treasury Bills and/Or Central Bank Bills for Absorbing Surplus Liquidity; The Main Considerations," IMF Working Papers 12/40, International Monetary Fund.
• Charles Amo Yartey, 2012. "Barbados; Sectoral Balance Sheet Mismatches and Macroeconomic Vulnerabilities," IMF Working Papers 12/31, International Monetary Fund.
• Ashoka Mody & Damiano Sandri & Franziska L Ohnsorge, 2012. "Precautionary Savings in the Great Recession," IMF Working Papers 12/42, International Monetary Fund.
• Bec, F. & Bouabdallah, O. & Ferrara, L., 2012. "The European way out of recession," Working papers 360, Banque de France.
• Tito Nícias Teixeira da Silva Filho, 2012. "Are Core Inflation Directional Forecasts Informative?," Working Papers Series 266, Central Bank of Brazil, Research Department.
• Nicola Cetorelli & Linda S. Goldberg, 2012. "Follow the Money: Quantifying Domestic Effects of Foreign Bank Shocks in the Great Recession," NBER Working Papers 17873, National Bureau of Economic Research, Inc.
• Cette, G. & De Jong, M., 2012. "Breakeven inflation rates and their puzzling correlation relationships," Working papers 367, Banque de France.
• Chiara Forlati & Luisa Lambertini, 2012. "Mortgage Amortization and Amplification," Working Papers 201201, Center for Fiscal Policy, Swiss Federal Institute of Technology Lausanne, revised Feb 2012.
• Frédérique Bec & Othman Bouabdallah & Laurent Ferrara, 2011. "The European Way Out of Recessions," THEMA Working Papers 2011-23, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
• Mark Weisbrot & Juan Antonio Montecino, 2012. "More Pain, No Gain for Greece: Is the Euro Worth the Costs of Pro-Cyclical Fiscal Policy and Internal Devaluation?," CEPR Reports and Issue Briefs 2012-07, Center for Economic and Policy Research (CEPR).
• Michael D. Bordo & Christopher M. Meissner, 2012. "Does Inequality Lead to a Financial Crisis?," NBER Working Papers 17896, National Bureau of Economic Research, Inc.
• Ulrich Volz, 2012. "Lessons of the European Crisis for Regional Monetary and Financial Integration in East Asia," Finance Working Papers 23189, East Asian Bureau of Economic Research.
• Charles Wyplosz, 2012. "Fiscal Rules: Theoretical Issues and Historical Experiences," NBER Working Papers 17884, National Bureau of Economic Research, Inc.
• Baskaran, Thushyanthan, 2011. "Revenue decentralization and inflation: a re-evaluation," MPRA Paper 36911, University Library of Munich, Germany.
• Clements, Michael P, 2012. "Probability Distributions or Point Predictions? Survey Forecasts of US Output Growth and Inflation," The Warwick Economics Research Paper Series (TWERPS) 976, University of Warwick, Department of Economics.
• Hans J. Blommestein & Anja Hubig, 2012. "A Critical Analysis of the Technical Assumptions of the Standard Micro Portfolio Approach to Sovereign Debt Management," OECD Working Papers on Sovereign Borrowing and Public Debt Management 4, OECD Publishing.
• Donatella Baiardi & Carluccio Bianchi, 2012. "Un Indicatore per la Lombardia e per le Province di Milano e Pavia (Nuova versione)," Quaderni di Dipartimento 158, University of Pavia, Department of Economics and Quantitative Methods.
• Antipin, Jan-Erik & Boumediene, Farid Jimmy & Österholm, Pär, 2012. "Forecasting Inflation Using Constant Gain Least Squares," Working Papers 126, National Institute of Economic Research.
• Mathias Trabandt & Harald Uhlig, 2012. "How Do Laffer Curves Differ Across Countries?," NBER Working Papers 17862, National Bureau of Economic Research, Inc.
• Dean Baker, 2012. "It's So Hard to Get Good Help," CEPR Reports and Issue Briefs 2012-08, Center for Economic and Policy Research (CEPR).
• Fricke, Christoph, 2012. "Expected and unexpected bond excess returns: Macroeconomic and market microstructure effects," Hannover Economic Papers (HEP) dp-493, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
• Christina D. Romer & David H. Romer, 2012. "The Incentive Effects of Marginal Tax Rates: Evidence from the Interwar Era," NBER Working Papers 17860, National Bureau of Economic Research, Inc.
• Cette, G. & Chouard, V. & Verdugo, G., 2012. "The Effect of the Minimum Wage on the Average Wage in France (in French)," Working papers 366, Banque de France.
• Catherine Mathieu & Henri Sterdyniak, 2012. "Faut-il des règles de politique budgétaire," Documents de Travail de l'OFCE 2012-07, Observatoire Francais des Conjonctures Economiques (OFCE).
• Joshua Aizenman & Kenta Inoue, 2012. "Central Banks and Gold Puzzles," NBER Working Papers 17894, National Bureau of Economic Research, Inc.
• Kucukkale, Yakup & Yamak, Rahmi, 2012. "Cointegration, causality and Wagner’s law with disaggregated data: evidence from Turkey, 1968-2004," MPRA Paper 36894, University Library of Munich, Germany.
• Becker, Torbjörn, 2012. "Crisis Prevention and Management - What Worked in the 2008/2009 Crisis?," SITE Working Paper Series 15, Stockholm School of Economics, Stockholm Institute of Transition Economics.