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CEPR Discussion Papers
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8309: What Explains the Lagged Investment Effect?
Janice Eberly , Sergio T Rebelo and Nicolas Vincent 8308: Trust in Public Institutions over the Business Cycle
Betsey Stevenson and Justin Wolfers 8307: Idiosyncratic Return Volatility in the Cross-Section of Stocks
Namho Kang , Péter Kondor and Ronnie Sadka 8306: Heterogeneous Responses and Aggregate Impact of the 2001 Income Tax Rebates
Kanishka Misra and Paolo Surico 8305: Mafia and Public Spending: Evidence on the Fiscal Multiplier from a Quasi-experiment
Antonio Acconcia , Giancarlo Corsetti and Saverio Simonelli 8304: The Countercyclical Capital Buffer of Basel III: A Critical Assessment
Rafael Repullo and Jesús Saurina 8303: Expectations, Liquidity, and Short-term Trading
Giovanni Cespa and Xavier Vives 8302: Preventing Collusion through Discretion
Leonardo Felli and Rafael Hortala-Vallve 8301: Creditless Recoveries
Abdul Abiad , Giovanni DellAriccia and Bin Li 8300: Credit Standards and Segregation
Amine Ouazad and Romain Ranciere 8299: What Drives U.S. Immigration Policy? Evidence from Congressional Roll Call Votes
Giovanni Facchini and Max Friedrich Steinhardt 8298: Contractual Structure and Endogenous Matching in Partnerships
Maitreesh Ghatak and Alexander K. Karaivanov 8297: Are Compact Cities Environmentally Friendly?
Carl Gaigne , Stephane Riou and Jacques-François Thisse 8296: The Political Value of Land: Democratization and Land Prices in Chile
Jean-Marie Baland and James A Robinson 8295: The Threat Effect of Participation in Active Labor Market Programs on Job Search Behavior of Migrants in Germany
Annette Bergemann , Marco Caliendo , Gerard J. van den Berg and Klaus F. Zimmermann 8294: Sensitivity of matching-based program evaluations to the availability of control variables
Michael Lechner and Conny Wunsch 8293: Does WTO Matter for the Extensive and the Intensive Margins of Trade?
Pushan Dutt , Ilian Mihov and Timothy Van Zandt 8292: A Century of Inflation Forecasts
D'Agostino, Antonello and Paolo Surico 8291: Carry Trades and Global Foreign Exchange Volatility
Lukas Menkhoff , Lucio Sarno , Maik Schmeling and Andreas Schrimpf 8290: Price-Cost Margins and Shares of Fixed Factors
Jozef Konings , Werner Roeger and Liqiu Zhao 8289: Competitive Pressure and the Adoption of Complementary Innovations
Tobias Kretschmer , Eugenio J. Miravete and Jose C Pernías 8288: The Empire Is Dead, Long Live the Empire! Long-Run Persistence of Trust and Corruption in the Bureaucracy
Sascha O. Becker , Katrin Boeckh , Christa Hainz and Ludger Woessmann 8287: The Irish Crisis
Philip Lane 8286: Trade and the Skill Premium Puzzle with Capital Market Imperfections
Roberto Bonfatti and Maitreesh Ghatak 8285: Fragile States and Development Policy
Timothy J. Besley and Torsten Persson 8284: Quality competition with profit constraints: Do non-profit firms provide higher quality than for-profit firms?
Kurt Richard Brekke , Luigi Siciliani and Odd Rune Straume 8283: INSTITUTIONS AND ENTRY: A CROSS-REGIONAL ANALYSIS IN RUSSIA
Randolph Luca Bruno , Maria Bytchkova and Saul Estrin 8282: Public Procurement and Rent-Seeking: The Case of Paraguay
Emmanuelle Auriol , Thomas Flochel and Stephane Straub 8281: Creative Destruction and Productive Preemption
Pehr-Johan Norbäck , Lars Persson and Roger Svensson 8280: Market Structure, Countervailing Power and Price Discrimination: The Case of Airports
Jonathan E. Haskel , Alberto Iozzi and Tommaso Valletti 8279: Intertemporal movie distribution: Versioning when customers can buy both versions
Joan Calzada and Tommaso Valletti 8278: The marginal value of cash, cash flow sensitivities, and bank-finance shocks in nonlisted firms
Charlotte Ostergaard , Amir Sasson and Bent E. Sorensen 8277: Ownership and Control in a Competitive Industry
Heiko Karle , Tobias J. Klein and Konrad O Stahl 8276: Do we need big banks? Evidence on performance, strategy and market discipline
Asli Demirguc-Kunt and Harry P. Huizinga 8275: Pegs and Pain
Stephanie Schmitt-Grohé and Martín Uribe 8274: No News in Business Cycles
Mario Forni , Luca Gambetti and Luca Sala 8273: Bayesian VARs: Specification Choices and Forecast Accuracy
Andrea Carriero , Todd Clark and Massimiliano Marcellino 8272: Scale economies can offset the benefits of competition: Evidence from a school consolidation reform in a universal voucher system
Monique De Haan , Edwin Leuven and Hessel Oosterbeek 8271: A Pigovian Approach to Liquidity Regulation
Enrico Perotti and Javier Suarez 8270: Endogenous debt crises
Daniel Cohen and Sébastien Villemot 8269: 40 years of sovereign debt crises
Daniel Cohen and Cécile Valadier 8268: Variance risk, financial intermediation, and the cross-section of expected option returns
Norman Schürhoff and Alexandre Ziegler 8267: When local interaction does not suffice: Sources of firm innovation in urban Norway
Rune Dahl Fitjar and Andrés Rodríguez-Pose 8266: Why Stare Decisis?
Luca Anderlini , Leonardo Felli and Alessandro Riboni 8265: Competition and Trust: Evidence from German Car Manufacturers
Leonardo Felli , Johannes Koenen and Konrad O Stahl 8264: Currency and Financial Crises of the 1990s and 2000s
Assaf Razin and Steven Rosefielde 8263: Myopic or Farsighted? An Experiment on Network Formation
Georg Kirchsteiger , Marco Mantovani , Ana Mauleon and Vincent Vannetelbosch 8262: On the Strategic Disclosure of Feasible Options in Bargaining
Geoffroy de Clippel and Kfir Eliaz 8261: Fertility and the Plough
Alberto F Alesina , Paola Giuliano and Nathan Nunn 8260: Social Networks and Interactions in Cities
Robert W. Helsley and Yves Zenou 8259: Individual Investor Trading and Return Patterns around Earnings Announcements
Ron Kaniel , Shuming Liu , Gideon Saar and Sheridan Titman 8258: Does Quality Time Produce Quality Children? Evidence on the Intergenerational Transmission of Human Capital using Parental Deaths
Eric D. Gould and Avi Simhon 8257: Sorting and the output loss due to search frictions
Pieter A. Gautier and C. N. Teulings 8256: Export growth and factor market competition: theory and evidence
Julian Emami Namini , Giovanni Facchini and Ricardo A. López 8255: Tiered Housing Allocation: an Experimental Analysis
Juan D Carrillo and Saurabh Singhal 8254: Structural Development Accounting
Gino Gancia , Andreas Müller and Fabrizio Zilibotti 8253: Conditional versus Unconditional Trade Concessions for Developing Countries
Paola Conconi and Carlo Perroni 8252: The Effects of Tax Shocks on Output: Not So Large, But Not Small Either
Roberto Perotti 8250: A New Index of Currency Mismatch and Systemic Risk
Romain Ranciere , Aaron Tornell and Athanasios Vamvakidis 8249: The Demographic Transition: Causes and Consequences
Oded Galor 8248: Financial Black-Holes: The Interaction of Financial Regulation and Bailout Guarantees
Romain Ranciere and Aaron Tornell 8247: Which Institutions Encourage Entrepreneurs to Create Larger Firms?
Saul Estrin , Julia Korosteleva and Tomasz Marek Mickiewicz 8246: The Political Economy of Mass Media
Andrea Prat and David Strömberg 8245: The rhetoric of closed borders: quotas, lax enforcement and illegal migration
Giovanni Facchini and Cecilia Testa 8244: Spatial versus Social Mismatch: The Strength of Weak Ties
Yves Zenou 8243: On the Political Economy of Urban Growth: Homeownership versus Affordability
Francois Ortalo-Magne and Andrea Prat 8242: Small Scale Reservation Laws and the Misallocation of Talent
Manuel García-Santana and Josep Pijoan-Mas 8241: Repeated moral hazard and contracts with memory: A laboratory experiment
Petra Nieken and Patrick W. Schmitz 8240: The Network Structure of International Trade
Thomas Chaney 8239: Targeted transfers and the fiscal response to the great recession
Hyunseung Oh and Ricardo Reis 8238: Flat Tax Reforms: Investment Expensing and Progressivity
Javier Díaz-Giménez and Josep Pijoan-Mas 8237: The Joint Behavior of Hiring and Investment
Eran Yashiv 8236: Trade induced technical change? The impact of Chinese imports on innovation, IT and productivity
Nicholas Bloom , Mirko Draca and John Michael van Reenen 8235: What Do CEOs Do?
Oriana Bandiera , Luigi Guiso , Andrea Prat and Raffaella Sadun 8234: Markov-switching MIDAS models
Pierre Guérin and Massimiliano Marcellino 8233: Estimating the Aggregate Consumption Euler Equation with State-Dependent Parameters
Haroon Mumtaz and Paolo Surico 8232: Understanding Booms and Busts in Housing Markets
Craig Burnside , Martin Eichenbaum and Sergio T Rebelo 8231: Low-Wage Countries' Competition, Reallocation Across Firms and the Quality Content of Exports
Julien Martin and Isabelle Jeanne Méjean 8230: Managers' Mobility, Trade Status, and Wages
Giordano Mion and Luca David Opromolla 8229: Efficient and Inefficient Welfare States
Yann Algan , Pierre Cahuc and Marc Sangnier 8228: Why do some people want to legalize cannabis use?
Michael Grossman , Jan C van Ours and Jenny Williams 8227: The Euro and Corporate Financing
Arturo Bris , Yrjö Koskinen and Mattias Nilsson 8226: Adverse Selection, Credit, and Efficiency: the Case of the Missing Market
Alberto Martin 8225: Beyond GDP and Back: What is the Value-added by Additional Components of Welfare Measurement?
Sonja C Kassenboehmer and Christoph M. Schmidt 8224: Carry Trades, Monetary Policy and Speculative Dynamics
Guillaume Plantin and Hyun Song Shin 8223: Dynamic Aspects of Teenage Friendships and Educational Attainment
Eleonora Patacchini , Edoardo Rainone and Yves Zenou 8222: Trade Credit and International Return Comovement
Rui Albuquerque , Tarun Ramadorai and Sumudu W. Watugala 8221: M-form hierarchy with poorly-diversified divisions: a case of Khrushchev’s reform in Soviet Russia
Andrei Markevich and Ekaterina Zhuravskaya 8220: Investment in Financial Literacy and Saving Decisions
Tullio Jappelli and Mario Padula 8219: Sale Rates and Price Movements in Art Auctions
Orley Ashenfelter and Kathryn Graddy 8218: International Macro-Finance
Anna Pavlova and Roberto Rigobon 8217: The Detaxation of Overtime Hours: Lessons from the French Experiment
Pierre Cahuc and Stéphane Carcillo 8216: Informational Rents, Macroeconomic Rents, and Efficient Bailouts
Thomas PHILIPPON and Philipp Schnabl 8215: Growth and the Optimal Carbon Tax: When to Switch from Exhaustible Resources to Renewables?
(Rick) van der Ploeg, Frederick and Cees Withagen 8214: Is Short-time Work a Good Method to Keep Unemployment Down?
Pierre Cahuc and Stéphane Carcillo 8213: An Expert Stakeholder’s View on European Integration Challenges
Amelie F. Constant , Martin Kahanec and Klaus F. Zimmermann 8212: Ethnic Identity and Labor-Market Outcomes of Immigrants in Europe
Alberto Bisin , Eleonora Patacchini , Thierry A. Verdier and Yves Zenou 8211: Can the economic impact of political decentralisation be measured?
Roberto Ezcurra and Andrés Rodríguez-Pose 8210: Changing Developing Country Trade Policies and WTO Engagement
Bernard Hoekman 8209: Testing for Sufficient Information in Structural VARs
Mario Forni and Luca Gambetti
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