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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.
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6051: Consumption Smoothing and Income Redistribution Downloads
Giuseppe Bertola and Winfried Koeniger
6050: The Age of Mass Migration: Economic and Institutional Determinants Downloads
Graziella Bertocchi and Chiara Strozzi
6049: Industry Reallocations in a Globalizing Economy Downloads
Kristian Behrens, Giordano Mion and Gianmarco I.P. Ottaviano
6048: International Profit Shifting within European Multinationals Downloads
Harry P. Huizinga and Luc Laeven
6047: Genetic Tests and Intertemporal Screening in Competitive Insurance Markets Downloads
Winand Emons
6046: What Do Independent Directors Know? Evidence from Their Trading Downloads
Enrichetta Ravina and Paola Sapienza
6045: Political Connections and Preferential Access to Finance: The Role of Campaign Contributions Downloads
Stijn Claessens, Erik Feijen and Luc Laeven
6044: Liquidity and Capital Structure Downloads
Ronald W Anderson and Andrew Carverhill
6043: A Two-Step Estimator for Large Approximate Dynamic Factor Models Based on Kalman Filtering Downloads
Catherine Doz, Domenico Giannone and Lucrezia Reichlin
6042: Delegation and Incentives Downloads
Helmut Bester and Daniel Krahmer
6041: Coarse Matching and Price Discrimination Downloads
Heidrun C. Hoppe, Benny Moldovanu and Emre Ozdenoren
6040: Optimal Debt Contracts under Costly Enforcement Downloads
Hans Hvide and Tore Leite
6039: Management of Knowledge Workers Downloads
Hans Hvide and Eirik Gaard Kristiansen
6038: Dynamic Choice, Independence, and Emotions Downloads
Astrid Hopfensitz and Frans A.A.M. van Winden
6037: Trade Agreements as Endogenously Incomplete Contracts Downloads
Henrik Horn, Giovanni Maggi and Robert W. Staiger
6036: Bank Imputed Interest Rates: Unbiased Estimates of Offered Rates? Downloads
Evren Örs and Tara Rice
6035: Optimal external debt and default Downloads
Bernardo Guimaraes
6034: Active Labour Market Policy Effects for Women in Europe - A Survey Downloads
Annette Bergemann and Gerard J. van den Berg
6033: Contractual Frictions and Global Sourcing Downloads
Pol Antras and Elhanan Helpman
6032: The Geography of Asset Trade and the Euro: Insiders and Outsiders Downloads
Nicolas Coeurdacier and Philippe Martin
6031: The Central Banker as a Risk Manager: Estimating the Federal Reserve's Preferences under Greenspan Downloads
Lutz Kilian and Simone Manganelli
6030: Pricing to Habits and the Law of One Price Downloads
Morten Ravn, Schmitt-Grohé, Stephanie and Martín Uribe
6029: Finance and Efficiency: Do Bank Branching Regulations Matter? Downloads
Viral V. Acharya, Jean M. Imbs and Jason Sturgess
6028: The Long-Term Consequences of Regional Specialization Downloads
Guy Michaels
6027: Evaluating An Estimated New Keynesian Small Open Economy Model Downloads
Malin Adolfson, Stefan Laséen, Jesper Lindé and Mattias Villani
6026: The Impact of ISO 9000 Diffusion on Trade and FDI: A New Institutional Analysis Downloads
Joseph A. Clougherty and Michal Grajek
6025: Pricing Patents for Licensing in Standard Setting Organisations: Making Sense of FRAND Commitments Downloads
Layne-Farrar, Anna, Atilano Jorge Padilla and Richard Schmalensee
6024: Loans or Grants Downloads
Daniel Cohen, Pierre Jacquet and Helmut Reisen
6023: Technological change and the demand for currency: An analysis with household data Downloads
Francesco Lippi and Alessandro Secchi
6022: The Evolution of Entrepreneurial Spirit and the Process of Development Downloads
Oded Galor and Stelios Michalopoulos
6021: Risk-bearing and Entrepreneurship Downloads
Andrew F. Newman
6020: A Survey of the Literature on the WTO Dispute Settlement System Downloads
Henrik Horn and Petros C Mavroidis
6019: Organizing for Synergies Downloads
Wouter Dessein, Luis Garicano and Robert Gertner
6018: Infrastructure and Public Utilities Privatization in Developing Countries Downloads
Emmanuelle Auriol and Pierre M. Picard
6017: Family Firms, Paternalism and Labour Relations Downloads
Holger M Mueller and Thomas Philippon
6016: Two-Part Tariffs versus Linear Pricing Between Manufacturers and Retailers: Empirical Tests on Differentiated Products Markets Downloads
Céline Bonnet, Pierre Dubois and Michel Simioni
6015: National Labour Markets, International Factor Mobility and Macroeconomic Instability Downloads
Marta Aloi and Teresa Lloyd-Braga
6014: Dictators, Repression and the Median Citizen: An “Eliminations Model” of Stalin’s Terror (Data from the NKVD Archives) Downloads
Paul Gregory, Philipp J.H. Schröder and Konstantin Sonin
6013: Lucas and Anti-Lucas Paradoxes Downloads
Orsetta Causa, Daniel Cohen and Marcelo Soto
6012: A Simple Benchmark for Forecasts of Growth and Inflation Downloads
Massimiliano Marcellino
6011: Optimal Incentives under Moral Hazard and Heterogeneous Agents: Evidence from Production Contracts Data Downloads
Pierre Dubois and Tomislav Vukina
6010: The 'Great Moderation' and the US External Imbalance Downloads
Alessandra Fogli and Fabrizio Perri
6009: Competition Fosters Trust Downloads
Steffen Huck, Gabriele K. Ruchala and Jean-Robert Tyran
6008: Offshoring and Product Innovation Downloads
Alireza Naghavi and Gianmarco I.P. Ottaviano
6007: The Marginal Cost of Public Funds in Developing Countries: An Application to 38 African Countries Downloads
Emmanuelle Auriol and Michael Warlters
6006: From Farmers to Merchants, Voluntary Conversions and Diaspora: A Human Capital Interpretation of Jewish History Downloads
Maristella Botticini and Zvi Eckstein
6005: Direct Evidence of Dividend Tax Clienteles Downloads
Magnus Dahlquist, Göran Robertsson and Kristian Rydqvist
6004: Heterogeneity of Preferences, Limited Commitment and Coalitions: Empirical Evidence on the Limits to Risk Sharing in Rural Pakistan Downloads
Pierre Dubois
6003: Wage Gaps and Job Sorting in African Manufacturing Downloads
Najy Benhassine, Marcel Fafchamps and Mans M. Soderbom
6002: Subjective Welfare, Isolation and Relative Consumption Downloads
Marcel Fafchamps and Forhad Shilpi
6001: Isolation and Subjective Welfare Downloads
Marcel Fafchamps and Forhad Shilpi
6000: Fear and Market Failure: Global Imbalances and 'Self-insurance' Downloads
Marcus Miller and Lei Zhang
5999: Insecurity and Welfare Downloads
Marcel Fafchamps and Bart Minten
5998: Are Russian Commercial Courts Biased? Evidence from a Natural Bankruptcy Experiment Downloads
Ariane Lambert-Mogiliansky, Konstantin Sonin and Ekaterina Zhuravskaya
5997: Deflationary Shocks and Monetary Rules: An Open-Economy Scenario Analysis Downloads
Douglas Laxton, N'Diaye, Papa and Paolo A. Pesenti
5996: Red Tape and Delayed Entry Downloads
Antonio Ciccone and Elias Papaioannou
5994: Not All Oil Price Shocks Are Alike: Disentangling Demand and Supply Shocks in the Crude Oil Market Downloads
Lutz Kilian
5993: Would Protectionism Defuse Global Imbalances and Spur Economic Activity? A Scenario Analysis Downloads
Hamid Faruqee, Douglas Laxton, Dirk Muir and Paolo A. Pesenti
5992: The Social Assimilation of Immigrants Downloads
Domenico de Palo, Riccardo Faini and Alessandra Venturini
5991: The Economics of Prozac (Do Employees Really Gain from Strong Employment Protection?) Downloads
Etienne Wasmer
5990: Academic Journals as Two-Sided Platforms: Empirical Evidence from Data on French Libraries Downloads
Pierre Dubois, Hernandez-Perez, Adriana and Marc IVALDI
5989: The Long Run Health and Economic Consequences of Famine on Survivors: Evidence from China's Great Famine Downloads
Xin Meng and Nancy Qian
5988: Structural Reforms and Growth: Product and Labor Market Deregulations Downloads
Sylvester Eijffinger and Alberto Rossi
5987: Licensing Complementary Patents and Vertical Integration Downloads
Klaus M. Schmidt
5986: Missing Women and the Price of Tea in China: The Effect of Sex-Specific Earnings on Sex Imbalance Downloads
Nancy Qian
5985: Businessman Candidates Downloads
Scott Gehlbach, Konstantin Sonin and Ekaterina Zhuravskaya
5984: Tax Competition and the International Distribution of Firm Ownership: An Invariance Result Downloads
Ben Ferrett and Ian Wooton
5983: Gender, Ethnic Identity and Work Downloads
Amelie Constant, Liliya Gataullina and Klaus F. Zimmermann
5982: Measuring Competitiveness Downloads
J. Peter Neary
5981: A Solution to Two Paradoxes of International Capital Flows Downloads
Jiandong Ju and Shang-Jin Wei
5980: Beyond Trade Costs: Firms' Endogenous Access to International Markets Downloads
Armando Jose Garcia Pires
5979: Losers, Winners and Prisoner's Dilemma in International Subsidy Wars Downloads
Armando Jose Garcia Pires
5978: The Optimal Income Taxation of Couples Downloads
Henrik Kleven, Claus Thustrup Kreiner and Emmanuel Saez
5977: Industry Concentration and Welfare - On the Use of Stock Market Evidence from Horizontal Mergers Downloads
Sven-Olof Fridolfsson and Johan Stennek
5976: Enforcement of Regulation, Informal Labour, Firm Size and Firm Performance Downloads
Rita Almeida and Pedro Carneiro
5975: Redistributive Politics with Distortionary Taxation Downloads
Benoît SY Crutzen and Nicolas Sahuguet
5974: International Taxation and the Direction and Volume of Cross-Border M&As Downloads
Harry P. Huizinga and Johannes Voget
5973: Euros and Zeros: The Common Currency Effect on Trade in New Goods Downloads
Richard Baldwin and Virginia Di Nino
5972: Mortality Risks, Education and Child Labour Downloads
Jean-Marie Baland and Fernanda Estevan
5971: Claiming More: The Increased Voluminosity of Patent Applications and its Determinants Downloads
Dominique Guellec, Bruno van Pottelsberghe de la Potterie and Nicolas van Zeebroeck
5970: When Small is Beautiful: Measuring the Evolution and Consequences of the Voluminosity of Patent Applications at the EPO Downloads
Eugenio Archontopoulos, Dominique Guellec, Niels Stevnsborg, Bruno van Pottelsberghe de la Potterie and Nicolas van Zeebroeck
5969: Adjustment to Target Capital, Finance and Growth Downloads
Antonio Ciccone and Elias Papaioannou
5968: The Economic Lives of the Poor Downloads
Abhijit Banerjee and Esther Duflo
5967: Staying on the Dole Downloads
Holger Strulik, Jean-Robert Tyran and Paolo Vanini
5966: Solving for Country Portfolios in Open Economy Macro Models Downloads
Michael B. Devereux and Alan Sutherland
5965: A Search-Based Theory of the On-the-Run Phenomenon Downloads
Dimitri Vayanos and Pierre-Olivier Weill
5964: Linear-Quadratic Approximation of Optimal Policy Problems Downloads
Pierpaolo Benigno and Michael Woodford
5963: Longevity and Lifetime Labour Input: Data and Implications Downloads
Moshe Hazan
5962: Monitoring and Pay: An Experiment on Employee under Endogenous Supervision Downloads
Dennis Alexis Valin Dittrich and Martin Georg Kocher
5961: Inflation Implications of Rising Government Debt Downloads
Chryssi Giannitsarou and Andrew Scott
5960: Hub-and-Spoke Free Trade Areas Downloads
George Deltas, Klaus Desmet and Giovanni Facchini
5959: Governance Reform in Legal Service Markets Downloads
Paul A Grout, Ian Jewitt and Silvia Sonderegger
5958: Garbled Elections Downloads
Patrick W. Schmitz and Thomas Troger
5957: Euro-Dollar Real Exchange Rate Dynamics in an Estimated Two-Country Model: What is Important and What is Not Downloads
Pau Rabanal and Vicente Tuesta
5956: New-Keynesian Macroeconomics and the Term Structure Downloads
Geert Bekaert, Seonghoon Cho and Antonio Moreno
5955: International Stock Return Comovements Downloads
Geert Bekaert, Robert James Hodrick and Xiaoyan Zhang
5954: Entry of Foreign Banks and their Impact on Host Countries Downloads
Maria Lehner and Monika Schnitzer
5953: Origins and Consequences of Child Labour Restrictions: A Macroeconomic Perspective Downloads
Matthias Doepke and Dirk Krüger (Dirk Krueger)
5952: Taxes and Decision Rights in Multinationals Downloads
Soren Bo Nielsen, Pascalis Raimondos-Møller and Guttorm Schjelderup
5951: Stock and Bond Returns with Moody Investors Downloads
Geert Bekaert, Eric Engstrom and Steve Grenadier
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