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CEPR Discussion Papers
from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 53--56 Great Sutton Street, London EC1V 0DG. Series data maintained by ().
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7617: Excess Leverage and Productivity Growth in Emerging Economies: Is There A Threshold Effect?
Fabrizio Coricelli , Nigel Driffield , Sarmistha Pal and Isabelle Roland
7616: Services Trade and Policy
Joseph Francois and Bernard Hoekman
7615: Fiscal stimulus and the promise of future spending cuts
Volker Wieland
7614: Asset Prices, Exchange Rates and the Current Account
Marcel Fratzscher , Luciana Juvenal and Lucio Sarno
7613: Competition with exclusive contracts and market-share discounts
Giacomo Calzolari and Vincenzo Denicolo
7612: The Macroeconomics of Model T
Reto Foellmi , Tobias Wuergler and Josef Zweimüller
7611: Testing the "Waterbed" Effect in Mobile Telephony
Christos D. Genakos and Tommaso Valletti
7610: Crisis? What Crisis? Currency vs. Banking in the Financial Crisis of 1931
Albrecht Ritschl and Samad Sarferaz
7609: Do trade missions increase trade?
Keith Head and John Ries
7608: Japan's Lost Decade: Does Money have a Role?
Fabio Canova and Tobias Menz
7607: The Limits to Fiscal Stimulus
Willem Hendrik Buiter
7606: Global Imbalances and the Financial Crisis: Products of Common Causes
Maurice Obstfeld and Kenneth Rogoff
7605: Reversing unconventional monetary policy: technical and political considerations
Willem Hendrik Buiter
7604: On the origins of land use regulations: Theory and evidence from US metro areas
Christian Hilber and Frédéric Robert-Nicoud
7603: Markets for Reputation: Evidence on Quality and Quantity in Academe
Daniel S. Hamermesh and Gerard Antonie Pfann
7602: Produce or Speculate? Asset Bubbles, Occupational Choice and Efficiency
Pierre Cahuc and Edouard Challe
7601: Krueger/Schiff/Valdés Revisited: Agricultural Price and Trade Policy Reform in Developing Countries since 1960
Kym Anderson
7600: Two and a Half Theories of Trade
J. Peter Neary
7599: Social Networks
Joan De Martí and Yves Zenou
7598: Investment Shocks and the Relative Price of Investment
Alejandro Justiniano , Giorgio E. Primiceri and Andrea Tambalotti
7597: Do expectations matter? The Great Moderation revisited
Fabio Canova and Luca Gambetti
7596: A Touch of Sophistication: FDI and Unit Values of Exports
Torfinn Harding and Beata Smarzynska Javorcik
7595: Asset fire sales and purchases and the international transmission of financial shocks
Chotibhak Jotikasthira , Christian T. Lundblad and Tarun Ramadorai
7594: Does the Fed Respond to Oil Price Shocks?
Lutz Kilian and Logan T. Lewis
7593: Illegal immigration and media exposure: Evidence on individual attitudes
Giovanni Facchini , Anna Maria Mayda and Riccardo Puglisi
7592: Individual attitudes towards skilled migration: an empirical analysis across countries
Giovanni Facchini and Anna Maria Mayda
7591: Spain's International Position, 1850-1913
Leandro Prados de la Escosura
7590: Exports and Financial Shocks
Mary Amiti and David E. Weinstein
7589: Does Terrorism Work?
Eric D. Gould and Esteban F. Klor
7588: The design and efficiency of loyalty rewards
Ramon Caminal
7587: Markets and linguistic diversity
Ramon Caminal
7586: Dynamic Ethnic Fractionalization and Economic Growth in the Transition Economies from 1989 to 2007
Nauro F. Campos , Vitaliy Kuzeyev and Ahmad Saleh
7585: The role of central bank transparency for guiding private sector forecasts
Michael Ehrmann , Sylvester C. W. Eijffinger and Marcel Fratzscher
7584: Contractual solutions to hold-up problems with quality uncertainty and unobservable investments
Patrick W. Schmitz
7583: Immigration and Swiss House Prices
Kathrin Degen and Andreas Fischer
7582: Cross Sectional Facts for Macroeconomists
Dirk Krueger , Fabrizio Perri , Luigi Pistaferri and Giovanni Luca Violante
7581: Limitations on the Effectiveness of Forward Guidance at the Zero Lower Bound
Andrew Levin , López-Salido, J David , Edward Nelson and Tack Yun
7580: Allocation of Prizes in Contests with Participation Constraints
Reut Megidish and Aner Sela
7579: Do Oil Windfalls Improve Living Standards? Evidence from Brazil
Francesco Caselli and Guy Michaels
7578: Tractability in Incentive Contracting
Alex Edmans and Xavier Gabaix
7577: Heterogeneous firms or heterogeneous workers? Implications for the exporter premium and the impact of labor reallocation on productivity
Alfonso Irarrazabal , Andreas Moxnes and Ulltveit-Moe, Karen-Helene
7576: Selective contracting and foreclosure in health care markets
Michiel Bijlsma , Jan Boone and Gijsbert Zwart
7575: Testing the Monetary Policy Rule in the US: a Reconsideration of the Fed’s Behaviour
A. Patrick L. Minford and Zhirong Ou
7574: Nutrition and Risk Sharing Within the Household
Pierre Dubois and Ethan Ligon
7573: Skewness in Stock Returns, Periodic Cash Payouts, and Investor Heterogeneity
Rui Albuquerque
7572: The Long-Lived Effects of Historic Climate on the Wealth of Nations
John Bluedorn , Akos Valentinyi and Michael Vlassopoulos
7571: Monitoring Managers: Does it Matter?
Francesca Cornelli , Zbigniew Kominek and Alexander Ljungqvist
7570: Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870-2008
Moritz Schularick and Alan M. Taylor
7569: Inequality and Aggregate Savings in the Neoclassical Growth Model
Reto Foellmi
7568: The Carry Trade and Fundamentals: Nothing to Fear But FEER Itself
Oscar Jorda and Alan M. Taylor
7567: Endogenous Market Structure and Foreign Market Entry
James R. Markusen and Frank Stähler
7566: Ethnic Identity and Social Distance in Friendship Formation
Joan De Martí and Yves Zenou
7565: Juvenile Delinquency and Conformism
Eleonora Patacchini and Yves Zenou
7564: From Great Depression to Great Credit Crisis: Similarities, Differences and Lessons
Miguel Almunia , Agustín S. Bénétrix , Barry Eichengreen , Kevin H. O Rourke and Gisela Rua (Kevin H. O'Rourke )
7563: Communication, Renegotiation, and the Scope for Collusion
David J. Cooper and Kühn, Kai-Uwe
7562: Competition and Quality Upgrading
Mary Amiti and Amit Khandelwal
7561: International Competition and Inflation: A New Keynesian Perspective
Luca Guerrieri , Christopher Gust and López-Salido, J David
7560: A Dynamic Quality Ladder Model with Entry and Exit: Exploring the Equilibrium Correspondence Using the Homotopy Method
Ron N. Borkovsky , Ulrich Doraszelski and Yaroslav Kryukov
7558: Technological adoption in health care
Pedro Barros and Xavier Martinez-Giralt
7557: Short-Selling Bans around the World: Evidence from the 2007-09 Crisis
Alessandro Beber and Marco Pagano
7556: Credit Ratings Failures and Policy Options
Marco Pagano and Paolo Volpin
7555: Estimated Interest Rate Rules: Do they Determine Determinacy Properties?
Henrik Jensen
7554: Political Support and Tax Compliance: A Social Interaction Approach
Chaim Fershtman and Вилен Липатов
7553: Gravity in the Weightless Economy
Wolfgang Keller and Stephen R Yeaple
7552: Out of Sight, Out of Mind: Migration, Entrepreneurship and Social Capital
Jackline Wahba and Yves Zenou
7551: Liquidity cycles and make/take fees in electronic markets
Thierry Foucault , Ohad Kadan and Eugene Kandel
7550: On Quality Bias and Inflation Targets
Schmitt-Grohé, Stephanie and Martin Uribe
7549: Foreign Demand for Domestic Currency and the Optimal Rate of Inflation
Schmitt-Grohé, Stephanie and Martin Uribe
7548: Dynamic Female Labor Supply
Zvi Eckstein and Osnat Lifshitz
7547: A Preferred-Habitat Model of the Term Structure of Interest Rates
Dimitri Vayanos and Vila, Jean-Luc
7546: Depression Econometrics: A FAVAR Model of Monetary Policy During the Great Depression
Pooyan Amir Ahmadi and Albrecht Ritschl
7545: Tear Down this Wall: On the Persistence of Borders in Trade
Volker Nitsch and Nikolaus Wolf
7544: A Banking Explanation of the US Velocity of Money: 1919-2004
Szilárd Benk , Max Gillman and Michal Kejak
7543: Families as Roommates: Changes in U.S. Household Size from 1850 to 2000
Alejandrina Salcedo , Todd Schoellman and Michèle Tertilt
7542: Macroeconomic Forecasting and Structural Change
Antonello D Agostino , Luca Gambetti and Domenico Giannone
7541: How Effective Are Unemployment Benefit Sanctions?
Patrick Arni , Rafael Lalive and Jan C. van Ours
7540: Foreign Currency Borrowing by Small Firms
Martin Brown , Steven Ongena and Pınar Ayşe Yeşin
7539: The 'Puzzles' Methodology: en route to Indirect Inference?
Vo Phuong Mai Le , A. Patrick L. Minford and Michael R. Wickens
7538: Unequal We Stand: An Empirical Analysis of Economic Inequality in the United States, 1967-2006
Jonathan Heathcote , Fabrizio Perri and Giovanni Luca Violante
7537: How much nominal rigidity is there in the US Economy? Testing a New Keynesian DSGE model using indirect inference
Vo Phuong Mai Le , A. Patrick L. Minford and Michael R. Wickens
7536: Culture, Policies and Labor Market Outcomes
Francesco Giavazzi , Fabio Schiantarelli and Michel Serafinelli
7535: Cross-border spillovers from fiscal stimulus
Giancarlo Corsetti , Andre Meier and Gernot J. Müller
7534: Micro, Macro, and Strategic Forces in International Trade Invoicing
Linda S. Goldberg and Cédric Tille
7533: Does Public Governance Always Matter? How Experience of Poor Institutional Quality Influences FDI to the South
Julia Darby , Rodolphe Desbordes and Ian Wooton
7532: Financial health, exports, and firm survival: A comparison of British and French firms
Holger Görg and Marina-Eliza Spaliara
7531: Isolation and Development
Quamrul Ashraf , Oded Galor and Ömer Özak
7530: The Determinants of Intra-Firm Trade
Gregory Corcos , Delphine Irac , Giordano Mion and Thierry Verdier
7529: Measuring attention and strategic behavior in games with private information
Isabelle Brocas , Colin Camerer , Juan D Carrillo and Stephanie W. Wang
7528: Paulson's Gift
Pietro Veronesi and Luigi Zingales
7527: Breach, Remedies and Dispute Settlement in Trade Agreements
Giovanni Maggi and Robert W. Staiger
7526: Fiscal Policy Can Reduce Unemployment: But There is a Better Alternative
Roger E. A. Farmer
7525: Why is there a spike in the job finding rate at benefit exhaustion?
Jan Boone and Jan C. van Ours
7524: Regulatory Competition and Bank Risk Taking
Itai Agur
7523: Integration of the North American economy and new-paradigm globalisation
Richard Baldwin
7522: Economic Conditions in Early Modern Bengal: A Contribution to the Divergence Debate
Tirthankar Roy
7521: A Dynamic Model of Network Formation with Strategic Interactions
Michael König , Claudio J. Tessone and Yves Zenou
7520: Market Imperfections, Wealth Inequality, and the Distribution of Trade Gains
Reto Foellmi and Manuel Oechslin
7519: 2008 Lawrence R. Klein Lecture -- Comparative Economic Development: Insights from Unified Growth Theory
Oded Galor
7518: Money in monetary policy design: Monetary cross-checking in the New-Keynesian model
Günter Beck and Volker Wieland
7517: Qualitative Effects of Cash-For-Clunkers Programs
Eugenio J Miravete and Maria J Moral Rincón