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CEPR Discussion Papers

from C.E.P.R. Discussion Papers
Centre for Economic Policy Research, 77 Bastwick Street, London EC1V 3PZ..
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8576: Financial-Friction Macroeconomics with Highly Leveraged Financial Institutions Downloads
Sheung Kan Luk and David Vines
8575: Income inequality, decentralisation and regional development in Western Europe Downloads
Andy J Pike, Andrés Rodríguez-Pose, John Tomaney, Gianpiero Torrisi and Vassilis Tselios
8574: Medium Term Business Cycles in Developing Countries Downloads
Diego Comin, Norman V. Loayza, Farooq Pasha and Luis Servén
8573: Trading and Enforcing Patent Rights Downloads
Alberto Galasso, Mark Schankerman and Carlos J. Serrano
8572: Spatial frictions Downloads
Kristian Behrens, Giordano Mion, Yasusada Murata and Jens Südekum
8571: Nudging with information: a randomized field experiment on reminders and feedback Downloads
Giacomo Calzolari and Mattia Nardotto
8570: Tax havens or safe havens Downloads
Patrice Pieretti, Jacques François Thisse and Skerdilajda Zanaj
8569: Learning From Stock Prices and Economic Growth Downloads
Joel Peress
8568: Returns to Education across Europe Downloads
Daniela Glocker and Viktor Steiner
8567: The Financial Crisis and the Geography of Wealth Transfers Downloads
Pierre-Olivier Gourinchas, Helene Rey and Kai Alexander Truempler
8566: Who Benefits from Regional Trade Agreements? The View from the Stock Market Downloads
Christoph Moser and Andrew Kenan Rose
8565: Optimal Monetary Policy with Endogenous Entry and Product Variety Downloads
Florin O. Bilbiie, Ippei Fujiwara and Fabio Ghironi
8564: Endogenous Entry, Product Variety, and Business Cycles Downloads
Florin O. Bilbiie, Fabio Ghironi and Marc J. Melitz
8563: Estimating Income Elasticity of Government Expenditures: Evidence from Oil Price Shocks Downloads
Markus Brückner, Alberto Chong and Mark Gradstein
8562: A Model of the Consumption Response to Fiscal Stimulus Payments Downloads
Greg Warren Kaplan and Giovanni Luca Violante
8561: Policymakers' Horizon and Trade Reforms Downloads
Paola Conconi, Giovanni Facchini and Maurizio Zanardi
8560: Monetary Policy and TIPS Yields before the Crisis Downloads
Stefan Gerlach and Laura Moretti
8559: Patient Mobility, Health Care Quality and Welfare Downloads
Kurt Richard Brekke, Rosella Levaggi, Luigi Siciliani and Odd Rune Straume
8558: The Impact of Economics Blogs Downloads
David McKenzie and Berk Özler
8557: Dollar Illiquidity and Central Bank Swap Arrangements During the Global Financial Crisis Downloads
Andrew Kenan Rose and Mark M Spiegel
8556: A DSGE model of banks and financial intermediation with default risk Downloads
Michael R. Wickens
8555: Asset Market Participation, Monetary Policy Rules and the Great Inflation Downloads
Florin O. Bilbiie and Roland Straub
8554: The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States Downloads
Karel Mertens and Morten Overgaard Ravn
8553: Money, Financial Stability and Efficiency Downloads
Franklin Allen, Elena Carletti and Douglas Gale
8552: Fiscal Union Consensus Design under the Risk of Autarky Downloads
Jaime Luque, Massimo Morelli and José Tavares
8551: Why Europe has become environmentally cleaner: Decomposing the roles of fiscal, trade and environmental policies Downloads
Ramon Lopez and Amparo Palacios-Lopez
8550: Does Trade Cause Capital to Flow? Evidence from Historical Rainfalls Downloads
Sebnem Kalemli-Ozcan and Alex Nikolsko-Rzhevskyy
8549: Leverage Across Firms, Banks and Countries Downloads
Sebnem Kalemli-Ozcan, Bent E. Sorensen and Sevcan Yesiltas
8548: Transparency, Appropriability and the Early State Downloads
Joram Mayshar, Omer Moav and Zvika Neeman
8546: External Adjustment and the Global Crisis Downloads
Philip Lane and Gian Maria Milesi-Ferretti
8545: Gender Gaps across Countries and Skills: Supply, Demand and the Industry Structure Downloads
Claudia Olivetti and Barbara Petrongolo
8544: The arrival of cheap goods: Measuring the impact of Chinese import competition on Nordic prices Downloads
Raphael Anton Auer, Andreas M Fischer and Andreas Kropf
8543: What Hinders Investment in the Aftermath of Financial Crises: Insolvent Firms or Illiquid Banks? Downloads
Sebnem Kalemli-Ozcan, Herman Kamil and Carolina Villegas-Sanchez
8542: Out-of-Sample Forecast Tests Robust to the Choice of Window Size Downloads
Atsushi Inoue and Barbara Rossi
8541: Long-Term Barriers to the International Diffusion of Innovations Downloads
Enrico Spolaore and Romain Wacziarg
8540: Supplier Responses to Wal-Mart's Invasion in Mexico Downloads
Leonardo Iacovone, Beata Smarzynska Javorcik, Wolfgang Keller and James R. Tybout
8539: Information Aggregation, Investment, and Managerial Incentives Downloads
Elias Albagli, Christian Hellwig and Aleh Tsyvinski
8538: Auctions vs Negotiations in Public Procurement: Which Works Better? Downloads
Rafael Lalive and Armin Schmutzler
8537: Education and Invention Downloads
Otto Toivanen and Lotta Väänänen
8536: On the Genesis of Multinational Foreign Affiliate Networks Downloads
Peter H. Egger, Matthias Fahn, Valeria Merlo and Georg Wamser
8535: The Impact of Trade on Organization and Productivity Downloads
Lorenzo Caliendo and Esteban Rossi-Hansberg
8534: Retail Chain Expansion: The Early Years of McDonalds in Great Britain Downloads
Otto Toivanen and Michael Waterson
8533: Can Market Failure Cause Political Failure Downloads
Madhav Aney, Maitreesh Ghatak and Massimo Morelli
8532: Taxation and Regulation of Bonus Pay Downloads
Timothy J. Besley and Maitreesh Ghatak
8531: Time to Decide: Information Search and Revelation in Groups Downloads
Arthur Donald Campbell, Florian Ederer and Johannes Spinnewijn
8530: Price Distortions and Economic Growth in Sub-Saharan Africa Downloads
Kym Anderson and Markus Brückner
8529: Marriage as a Rat Race: Noisy Pre-Marital Investments with Assortative Matching Downloads
V Bhaskar and Ed Hopkins
8528: Fiscal Volatility Shocks and Economic Activity Downloads
Jesus Fernandez-Villaverde, Pablo A. Guerron, Keith Kuester and Juan F Rubio-Ramirez
8527: Optimal taxes on fossil fuel in general equilibrium Downloads
Mikhail Golosov, John Hassler, Per Krusell and Aleh Tsyvinski
8526: Capital Regulation and Tail Risk Downloads
Enrico Perotti, Lev Ratnovski and Razvan Vlahu
8525: Inefficient Provision of Liquidity Downloads
Oliver D. Hart and Luigi Zingales
8524: Life Expectancy and Schooling: New Insights from Cross-Country Data Downloads
Moshe Hazan
8523: Sports and Child Development Downloads
Christina Felfe, Michael Lechner and Andreas Steinmayr
8522: Simultaneous Search and Network Efficiency Downloads
Pieter A. Gautier and Christian Ludwig Holzner
8521: Long-run patterns in market efficiency and the genesis of the market economy: Markets around the Mediterranean from Nebuchadnezzar to Napoleon (580 BC and 1800AD) Downloads
Péter Földvári, Bas van Leeuwen and Jan Luiten van Zanden
8520: What Explains the German Labor Market Miracle in the Great Recession? Downloads
Michael Christopher Burda and Jennifer Hunt
8519: Preferences for Consistency Downloads
Armin Falk and Florian Zimmermann
8518: Stories of the Twentieth Century for the Twenty-First Downloads
Pierre-Olivier Gourinchas and Maurice Obstfeld
8517: Country Heterogeneity and the International Evidence on the Effects of Fiscal Policy Downloads
Carlo Favero, Francesco Giavazzi and Jacopo Perego
8516: For an Olive Wreath? Olympic Games and Anticipation Effects in Macroeconomics Downloads
Markus Brückner and Evi Paraskevi Pappa
8515: Structural Vector Autoregressions Downloads
Lutz Kilian
8514: Asset Pricing under Rational Learning about Rare Disasters Downloads
Christos Koulovatianos and Volker Wieland
8513: Austerity and Anarchy: Budget Cuts and Social Unrest in Europe, 1919-2008 Downloads
Jacopo Ponticelli and Hans-Joachim Voth
8512: A Flexible Test for Present Bias and Time Preferences using Land-Lease Contracts Downloads
Pieter A. Gautier and Aico van Vuuren
8511: Liquidity When It Matters Most: QE and Tobin’s q Downloads
John Driffill and Marcus Hay Miller
8510: Does Raising the Retirement Age Increase Employment of Older Workers? Downloads
Stefan Staubli and Josef Zweimüller
8509: Sequential All-Pay Auctions with Noisy Outputs Downloads
Ella Segev and Aner Sela
8508: Investment and capital structure of partially private regulated firms Downloads
Carlo Cambini and Yossi Spiegel
8507: On the political economics of tax reforms Downloads
Micael Castanheira, Gaëtan J.A. Nicodème and Paola Profeta
8506: Assessing Racial Discrimination in Parole Release Downloads
Stéphane Mechoulan and Nicolas Sahuguet
8505: Is teenage motherhood contagious? Evidence from a Natural Experiment Downloads
Karin Monstad, Carol Propper and Kjell G Salvanes
8504: Of Religion and Redemption: Evidence from Default on Islamic Loans Downloads
Lieven Baele, Moazzam Farooq and Steven Ongena
8503: Properties of Foreign Exchange Risk Premiums Downloads
Lucio Sarno, Paul Schneider and Christian Wagner
8502: Leveraging Monopoly Power by Degrading Interoperability: Theory and evidence from computer markets Downloads
Christos D. Genakos, Kai-Uwe Kühn and John Michael van Reenen
8501: Health Insurance without Single Crossing: why healthy people have high coverage Downloads
Jan Boone and Christoph Schottmüller
8500: The 'Out of Africa' Hypothesis, Human Genetic Diversity, and Comparative Economic Development Downloads
Quamrul Ashraf and Oded Galor
8499: The Effects of Cannabis Use on Physical and Mental Health Downloads
Jan C van Ours and Jenny Williams
8498: Management practices: Are not for profits different? Downloads
Josse Delfgaauw, Robert Dur, Carol Propper and Sarah Louise Smith
8497: Spillovers from the Euro Area Sovereign Debt Crisis: A Macroeconometric Model Based Analysis Downloads
Tamim A Bayoumi and Francis Vitek
8496: Capital Flows, Push versus Pull Factors and the Global Financial Crisis Downloads
Marcel Fratzscher
8495: A Many-Country Model of Industrialization Downloads
Holger Breinlich and Alejandro Cunat
8494: Export Restrictions and Price Insulation During Commodity Price Booms Downloads
Kym Anderson and Will J Martin
8493: The land that Lean manufacturing forgot? Management practices in transition countries Downloads
Nicholas Bloom, Helena Schweiger and John Michael van Reenen
8492: Risk Sharing with the Monarch: Contigent Debt and Excusable Defaults in the Age of Philip II, 1556-1598 Downloads
Mauricio Drelichman and Hans-Joachim Voth
8491: Competition and Industry Structure for International Rail Transportation Downloads
Guido Friebel, Marc Ivaldi and Jerome Pouyet
8490: How have Europeans Grown so Tall? Downloads
Timothy James Hatton
8489: Poor Countries or Poor People? Development Assistance and the New Geography of Global Poverty Downloads
Ravi Kanbur and Andy Sumner
8488: Sources of entropy in representative agent models Downloads
David Backus, Mikhail Chernov and Stanley E. Zin
8487: A Gains from Trade Perspective on Macroeconomic Fluctuations Downloads
Paul Beaudry and Franck Portier
8486: Growth, Colonization, and Institutional Development: In and Out of Africa Downloads
Graziella Bertocchi
8485: Contractual Dualism, Market Power and Informality Downloads
Arnab K. Basu, Nancy H. Chau and Ravi Kanbur
8484: Firm collaboration and modes of innovation in Norway Downloads
Rune Dahl Fitjar and Andrés Rodríguez-Pose
8483: International Recessions Downloads
Fabrizio Perri and Vincenzo Quadrini
8482: The Deterrence Effects of U.S. Merger Policy Instruments Downloads
Joseph A. Clougherty and Jo Seldeslachts
8481: Does Europe have an innovation policy? The case of EU economic law Downloads
Lauren Battaglia, Pierre Larouche and Matteo Negrinotti
8480: Regime Changes and Financial Markets Downloads
Andrew Ang and Allan Timmermann
8479: On the High-Frequency Dynamics of Hedge Fund Risk Exposures Downloads
Andrew Patton and Tarun Ramadorai
8478: Standardized Enforcement: Access to Justice vs Contractual Innovation Downloads
Nicola Gennaioli and Enrico Perotti
8477: Peer Effects in Education, Sport, and Screen Activities: Local Aggregate or Local Average? Downloads
Xiaodong Liu, Eleonora Patacchini and Yves Zenou
8476: Asset Commonality, Debt Maturity and Systemic Risk Downloads
Franklin Allen, Ana Babus and Elena Carletti
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