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CEPR Discussion Papers
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7704: Simple Analytics of the Government Expenditure Multiplier
Michael Woodford 7703: The 'Emulator Effect' of the Uruguay Round on US Regionalism
Marco Fugazza and Frédéric Robert-Nicoud 7702: Durable consumption and asset management with transaction and observation costs
Fernando E Alvarez , Luigi Guiso and Francesco Lippi 7701: Estate Taxation and Intergenerational Transfers
Tullio Jappelli , Mario Padula and Giovanni Pica 7700: The Return of the Wage Phillips Curve
Jordi Gali 7699: Which Immigrants Are Most Innovative and Entrepreneurial: Distinctions by Entry Visa
Jennifer Hunt 7698: Development Uncorked: Reputation Acquisition in the New Market for Chilean Wines in the UK
Rocco Macchiavello 7697: Intermediation and Economic Integration
Pol Antras and Arnaud Costinot 7696: Intermediated Trade
Pol Antras and Arnaud Costinot 7695: Do terms-of-trade effects matter for trade agreements? Evidence from WTO countries
Rodney D. Ludema and Anna Maria Mayda 7694: Cross-Border Investment in Small International Financial Centers
Philip Lane and Gian Maria Milesi-Ferretti 7693: Global Imbalances: In Midstream?
Olivier Blanchard and Gian Maria Milesi-Ferretti 7692: Macroeconomic Shocks and the Business Cycle: Evidence from a Structural Factor Model
Mario Forni and Luca Gambetti 7691: Business Cycle Dynamics under Rational Inattention
Bartosz Maćkowiak and Mirko Wiederholt 7690: Financial Development and the Patterns of International Capital Flows
Juergen von Hagen and Haiping Zhang 7689: Commodity prices, commodity currencies, and global economic developments
Jan J. J. Groen and Paolo A. Pesenti 7688: Family Values and the Regulation of Labor
Alberto F. Alesina , Yann Algan , Pierre Cahuc and Paola Giuliano 7687: Keynes Meets Markowitz: The Trade-off Between Familiarity and Diversification
Phelim Boyle , Lorenzo Garlappi , Raman Uppal and Tan Wang 7686: Improving Portfolio Selection Using Option-Implied Volatility and Skewness
Victor DeMiguel , Yuliya Plyakha , Raman Uppal and Grigory Vilkov 7685: The Tip of the Iceberg: Modeling Trade Costs and Implications for Intra-Industry Reallocation
Alfonso Irarrazabal , Andreas Moxnes and Luca David Opromolla 7684: Watchdog or Lapdog? Media and the U.S. Government
Nancy Qian and David Yangagizawa 7683: Price Discrimination under Customer Recognition and Mergers
Rosa Branca Esteves and Helder Vasconcelos 7682: Brain drain in globalization: A general equilibrium analysis from the sending countries’ perspective
Frédéric Docquier , Luca Marchiori and -Ling Shen 7681: Public-private partnerships versus traditional procurement: Innovation incentives and information gathering
Eva Isabel Hoppe and Patrick W. Schmitz 7680: The Consumption Response to Income Changes
Tullio Jappelli and Luigi Pistaferri 7679: Decentralized Investment Management: Evidence from the Pension Fund Industry
David Blake , Allan Timmermann , Ian Tonks and Russ Wermers 7678: The Timing of Takeovers in Growing and Declining Markets
Robin Mason and Helen Weeds 7677: Forecasting with Factor-augmented Error Correction Models
Anindya Banerjee , Massimiliano Marcellino and Igor Masten 7676: Performance Maximization of Actively Managed Funds
Paolo Guasoni , Gur Huberman and Zhenyu Wang 7675: Greasing the Wheels of International Commerce: How Services Facilitate Firms' International Sourcing
Peter Debaere , Holger Görg and Horst Raff 7674: The lender of last resort: liquidity provision versus the possibility of bail-out
Sylvester Eijffinger and Rob Nijskens 7673: An Area-Wide Real-Time Database for the Euro Area
Domenico Giannone , Jerome Henry , Magdalena Lalik and Michele Modugno 7672: The Political Resource Curse
Fernanda Brollo , Tommaso Nannicini , Roberto Perotti and Guido Tabellini 7671: Common Factors in Latin America’s Business Cycles
Marco Aiolfi , Luis A.V. Catão and Allan Timmermann 7670: Asset Auctions, Information, and Liquidity
Xavier Vives 7669: Monetary policy in exceptional times
Michele Lenza , Huw Pill and Lucrezia Reichlin 7668: Trade Liberalization and Heterogeneous Firm Models: An Evaluation Using the Canada - US Free Trade Agreement
Holger Breinlich and Alejandro Cunat 7667: Rotten Kids with Bad Intentions
Nick Netzer and Armin Schmutzler 7666: The 2008 Financial Crisis and Taxation Policy
Thomas Hemmelgarn and Gaëtan J.A. Nicodème 7665: Fiscal Centralization and the Political Process
Facundo Albornoz and Antonio Cabrales 7664: Composition of International Capital Flows: A Survey
Korolai Kirabaeva and Assaf Razin 7663: Thanks for Nothing? Not-for-Profits and Motivated Agents
Maitreesh Ghatak and Hannes Felix Mueller 7662: A Framework for Cross-Country Comparisons of Public Infrastructure Constraints on Firm Growth
Wendy Carlin , Mark E Schaffer and Paul Seabright 7661: Growth in a Time of Debt
Carmen M. Reinhart and Kenneth S Rogoff 7660: Rational Crowd-Pleasing and Democratic Accountability
Mathias Dewatripont and Paul Seabright 7659: Incentive Compatible Reimbursement Schemes for Physicians
Winand Emons 7658: Screening, Competition, and Job Design: Economic Origins of Good Jobs
Björn Bartling , Ernst Fehr and Klaus M. Schmidt 7657: Does university quality drive international student flows?
Linda Van Bouwel and Reinhilde Veugelers 7656: Understanding Analysts' Earnings Expectations: Biases, Nonlinearities and Predictability
Marco Aiolfi , Marius del Giudice Rodriguez and Allan Timmermann 7655: Credit Supply: Identifying Balance-Sheet Channels with Loan Applications and Granted Loans
Gabriel Jiménez , Steven Ongena , Jose-Luis Peydro and Jesús Saurina 7654: The Institutional Foundations of China’s Reforms and Development
Cheng-Gang Xu 7653: Who Owns Children and Does it Matter?
Alice Schoonbroodt and Michele Tertilt 7652: Trading Frenzies and Their Impact on Real Investment
Itay Goldstein , Emre Ozdenoren and Kathy Yuan 7651: Learning and Complementarities: Implications for Speculative Attacks
Itay Goldstein , Emre Ozdenoren and Kathy Yuan 7650: Monetary Persistence and the Labor Market: A New Perspective
Wolfgang Lechthaler , Christian Merkl and Dennis J. Snower 7649: Debt consolidation and fiscal stabilization of deep recessions
Giancarlo Corsetti , Keith Kuester , Andre Meier and Gernot Müller 7648: Cultural and Institutional Bifurcation: China and Europe Compared
Avner Greif and Guido Tabellini 7647: Gender and Racial Biases: Evidence from Child Adoption
Mariagiovanna Baccara , Allan Collard-Wexler , Leonardo Felli and Leeat Yariv 7646: Majority Voting in Multidimensional Policy Spaces: Kramer-Shepsle versus Stackelberg
Philippe De Donder , Michel Le Breton and Eugenio Peluso 7645: An Optimum Currency Area Odyssey
Harris Dellas and George S. Tavlas 7644: Monetary Misperceptions, Output and Inflation Dynamics
Fabrice Collard and Harris Dellas 7643: Imperfect information and the business cycle
Fabrice Collard , Harris Dellas and Frank Rafael Smets 7642: Wholesalers and Retailers in US Trade (Long Version)
Andrew B. Bernard , J. Bradford Jensen , Stephen James Redding and Peter K. Schott 7641: The Multi-unit Assignment Problem: Theory and Evidence from Course Allocation at Harvard
Eric Budish and Estelle Cantillon 7640: The relation between competition and innovation -- Why is it such a mess?
Armin Schmutzler 7639: Directed Search in the Housing Market
James Albrecht , Pieter A. Gautier and Susan Vroman 7638: Do Employers Discriminate by Gender? A Field Experiment in Female-Dominated Occupations
Alison Lee Booth and Andrew Keith Leigh 7637: On the Size of the Active Management Industry
Lubos Pastor and Robert F. Stambaugh 7636: Vertical Relations under Credit Constraints
Volker Nocke and John Ernest Thanassoulis 7635: Interpreting the Unconventional U.S. Monetary Policy of 2007-09
Ricardo Reis 7634: Can we infer social preferences from the lab? Evidence from the trust game
Nicole M. Baran , Paola Sapienza and Luigi Zingales 7633: Risk Heterogeneity and Credit Supply: Evidence from the Mortgage Market
Timothy J. Besley , Neil Meads and Paolo Surico 7632: Incentive Effects of Unemployment Insurance Savings Accounts: Evidence from Chile
Gonzalo Reyes Hartley , Jan C. van Ours and Milan Vodopivec 7631: Cost-Benefit Analysis of the Community Patent
Jérôme Danguy and Bruno van Pottelsberghe de la Potterie 7630: Can the Fiscal Theory of the price level explain UK inflation in the 1970s?
Jingwen Fan and A. Patrick L. Minford 7629: On the Origin of the Family
Marco Francesconi , Christian Ghiglino and Motty Perry 7628: Employment Protection Legislation, Multinational Firms and Innovation
Rachel Griffith and Gareth Macartney 7627: Part-Time Jobs: What Women Want?
Alison Lee Booth and Jan C. van Ours 7626: Profit Taxation, Innovation and the Financing of Heterogeneous Firms
Christian Keuschnigg and Evelyn Ribi 7625: Public versus Private Risk Sharing
Dirk Krueger and Fabrizio Perri 7624: Is There a Fiscal Free Lunch in a Liquidity Trap?
Christopher John Erceg and Jesper Lindé 7623: The Euro and Firm Restructuring
Matteo Bugamelli , Fabiano Schivardi and Roberta Zizza 7622: Cultural Transmission and Discrimination
Maria Sáez-Martí and Yves Zenou 7621: Some Problems in the Testing of DSGE Models
Vo Phuong Mai Le , A. Patrick L. Minford and Michael R. Wickens 7620: Lab Experiments are a Major Source of Knowledge in the Social Sciences
Armin Falk and James J. Heckman 7619: Valuation of VIX Derivatives
Javier Mencía and Enrique Sentana 7618: The Impact of Mergers on the Degree of Competition in the Banking Industry
Vittoria Cerasi , Barbara Chizzolini and Marc Ivaldi 7617: Excess Leverage and Productivity Growth in Emerging Economies: Is There A Threshold Effect?
Fabrizio Coricelli , Nigel L. Driffield , Sarmistha Pal and Isabelle Roland 7616: Services Trade and Policy
Joseph Francis 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 Denicolo', Vincenzo 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 S Rogoff 7605: Reversing unconventional monetary policy: technical and political considerations
Willem Hendrik Buiter
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