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CEPR Discussion Papers
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7403: Aging Nations and the Future of Cities
Carl Gaigne and Jacques François Thisse 7402: Nudging Farmers to Utilize Fertilizer: Theory and Experimental Evidence from Kenya
Esther Duflo , Michael Kremer and Jonathan Robinson 7401: Learning and the Great Moderation
James Bullard and Aarti Singh 7400: Who Gets the Credit? And Does It Matter? Household vs. Firm Lending across Countries
Thorsten Beck , Berrak Büyükkarabacak , Felix Rioja and Neven Tomov Valev 7399: Growing Up in a Recession: Beliefs and the Macroeconomy
Paola Giuliano and Antonio Spilimbergo 7398: Equilibrium Asset Prices and Investor Behavior in the Presence of Money Illusion
Suleyman Basak and Hongjun Yan 7397: Expectations, Deflation Traps and Macroeconomic Policy
George William Evans and Seppo Mikko Sakari Honkapohja 7396: Expanding Microenterprise Credit Access: Using Randomized Supply Decisions to Estimate the Impacts in Manila
Dean S. Karlan and Jonathan Zinman 7395: The Product-Mix Auction: a New Auction Design for Differentiated Goods
Paul Klemperer 7394: Climate Change Mitigation Strategies in Fast-Growing Countries: The Benefits of Early Action
Valentina Bosetti , Carlo Carraro and Massimo Tavoni 7393: Financial liberalization and democracy: The role of reform reversals
Nauro F. Campos and Fabrizio Coricelli 7392: Dynamic Trading with Predictable Returns and Transaction Costs
Nicolae Bogdan Garleanu and Lasse Heje Pedersen 7391: Offshoring and the Onshore Composition of Tasks and Skills
Sascha O. Becker , Karolina Ekholm and Marc-Andreas Muendler 7390: Services outsourcing and innovation: An empirical investigation
Holger Görg and Aoife Hanley 7389: Keynesian government spending multipliers and spillovers in the euro area
Tobias Cwik and Volker Wieland 7388: Monetary Policy, Velocity, and the Equity Premium
Christopher James Gust and David Lopez-Salido 7387: International Welfare and Employment Linkages Arising from Minimum Wages
Hartmut Egger , Peter H. Egger and James R. Markusen 7386: Sweet Diversity: Colonial Goods and the Rise of European Living Standards after 1492
Jonathan Hersh and Hans-Joachim Voth 7385: Two Orthogonal Continents? Testing a Two-country DSGE Model of the US and EU Using Indirect Inference
Vo Phuong Mai Le , David Meenagh , A. Patrick L. Minford and Michael R. Wickens 7384: Cannabis Use and Mental Health Problems
Jan C. van Ours and Jenny Williams 7383: Can Parameter Instability Explain the Meese-Rogoff Puzzle?
Philippe Bacchetta , Toni Beutler and Eric van Wincoop 7382: Mitigating the Procyclicality of Basel II
Rafael Repullo , Jesús Saurina and Carlos Trucharte 7381: Accounting discretion of banks during a financial crisis
Harry P. Huizinga and Luc Laeven 7380: The Portfolio Effect of Pension Reforms
Renata Bottazzi , Tullio Jappelli and Mario Padula 7379: On the Equivalence of Location Choice Models: Conditional Logit, Nested Logit and Poisson
Marius Brülhart and Kurt Schmidheiny 7378: Learning and Price Volatility in Duopoly Models of Resource Depletion
Martin Ellison and Andrew Scott 7377: Inflation Targeting and Business Cycle Synchronization
Robert P Flood and Andrew Kenan Rose 7376: Identification of slowdowns and accelerations for the euro area economy
Olivier Darné and Laurent Ferrara 7375: The Distorting Arm's Length Principle
Michael P. Devereux and Christian Keuschnigg 7374: Two is Company, N is a Crowd? Merchant Guilds and Social Capital
Roberta Dessí and Salvatore Piccolo 7373: Do Financial Incentives for Firms Promote Employment of Disabled Workers? A Regression Discontinuity Approach
Rafael Lalive , Jean-Philippe Wuellrich and Josef Zweimüller 7372: A Simple Theory of Predation
Chiara Fumagalli and Massimo Motta 7371: War and Relatedness
Enrico Spolaore and Romain Wacziarg 7370: Empirical Evidence on the Aggregate Effects of Anticipated and Unanticipated U.S. Tax Policy Shocks
Karel Mertens and Morten Overgaard Ravn 7369: Trade, wages, and productivity
Kristian Behrens , Giordano Mion , Yasusada Murata and Jens Südekum 7368: Doux Commerces: Does Market Competition Cause Trust?
Patrick Francois and Tanguy van Ypersele 7367: Kinky Choices, Dictators and Split Might: A Non-Cooperative Model for Household Consumption and Labor Supply
Jan Boone , Karen van der Wiel and Frederic Vermeulen 7366: Work and Money: Payoffs by Ethnic Identity and Gender
Amelie F. Constant and Klaus F. Zimmermann 7365: Decision-making Procedures: A General Theory and Its Field Experimental Test
Gani Aldashev , Georg Kirchsteiger and Alexander Sebald 7364: The Potato's Contribution to Population and Urbanization: Evidence from an Historical Experiment
Nathan Nunn and Nancy Qian 7363: Competing on Good Politicians
Vincenzo Galasso and Tommaso Nannicini 7362: The Evolution of Paper Money
Oren Levintal and Joseph Zeira 7361: Life Expectancy and Economic Growth: The Role of the Demographic Transition
Matteo Cervellati and Uwe Sunde 7360: Entrepreneurship: Origins and Returns
Helge Berglann , Espen R Moen , Knut Røed and Jens Fredrik Skogstrøm 7359: Credit Constraints, Cyclical Fiscal Policy and Industry Growth
Philippe Aghion , David Hemous and Enisse Kharroubi 7358: Quantifying private benefits of control from a structural model of block trades
Rui Albuquerque and Enrique Schroth 7357: The Impact of Creditor Protection on Stock Prices in the Presence of Credit Crunches
Galina B Hale , Assaf Razin and Hui Tong 7356: The Evolution of Aggregate Stock Ownership---A Unified Explanation
Kristian Rydqvist , Joshua Spizman and Ilya A. Strebulaev 7355: Lenders of Last Resort in a Globalized World
Maurice Obstfeld 7354: Cross-Country Causes and Consequences of the 2008 Crisis: Early Warning
Andrew Kenan Rose and Mark M Spiegel 7353: Inequality and Unemployment in a Global Economy
Elhanan Helpman , Oleg Itskhoki and Stephen James Redding 7352: Moral and Social Constraints to Strategic Default on Mortgages
Luigi Guiso , Paola Sapienza and Luigi Zingales 7351: Rational and Naive Herding
Erik Eyster and Matthew Rabin 7350: Services Provision and Temporary Mobility: Freedoms and Regulation in the EU
Giuseppe Bertola and Lorenza Mola 7349: Bad Bank(s) and Recapitalization of the Banking Sector
Dorothea Schäfer and Klaus F. Zimmermann 7348: The Exchange Rate Effect of Multi-Currency Risk Arbitrage
Harald Hau 7347: The End of Gatekeeping: Underwriters and the Quality of Sovereign Bond Markets, 1815-2007
Marc Flandreau , Juan Huitzilihuitl Flores Zendejas , Norbert J. Gaillard and Sebastián Nieto-Parra 7346: Negative Nominal Interest Rates: Three ways to overcome the zero lower bound
Willem Hendrik Buiter 7345: The Time-Varying Systematic Risk of Carry Trade Strategies
Charlotte Christiansen , Angelo Ranaldo and Paul Söderlind 7344: Repeat Sales Indexes: Estimation Without Assuming that Errors in Asset Returns Are Independently Distributed
Rachel Campbell , Kathryn Graddy and Jonathan H. Hamilton 7343: Introducing the Euro-STING: Short-Term Indicator of Euro Area Growth
Maximo Camacho and Gabriel Pérez-Quirós 7342: Private Insurance Against Systemic Crises?
Hans Gersbach 7341: Monetary Policy Inertia: More a Fiction than a fact?
Agostino Consolo and Carlo Favero 7340: Tax reform, delocation and heterogeneous firms
Richard Baldwin and Toshihiro Okubo 7339: Sectoral Price Data and Models of Price Setting
Bartosz Maćkowiak , Emanuel Moench and Mirko Wiederholt 7338: The Organization of Firms Across Countries
Nicholas Bloom , Raffaella Sadun and John Michael van Reenen 7337: Analyzing female labor supply -- Evidence from a Dutch tax reform
Nicole Bosch and Bas van der Klaauw 7336: State Capacity, Conflict and Development
Timothy J. Besley and Torsten Persson 7335: Endogenous Indoctrination: Occupational Choice, the Evolution of Beliefs, and the Political Economy of Reform
Gilles Saint-Paul 7334: Business Cycle Dependent Unemployment Insurance
Torben M Andersen and Michael Svarer 7333: A Positive Theory of Unemployment Insurance and Employment Protection
Vincent Anesi and Philippe De Donder 7332: Investments and the Holdup Problem in a Matching Market
Helmut Bester 7331: The Costs and Benefits of Additional Information in Agency Models with Endogenous Information Structures
Eva Isabel Hoppe and Patrick W. Schmitz 7330: Antidumping Protection hurts Exporters: Firm-level evidence from France
Jozef Konings and Hylke Vandenbussche 7329: Foreign acquisition, plant survival, and employment growth
Roger Bandick and Holger Görg 7328: Ratings Performance, Regulation and the Great Depression: Lessons from Foreign Government Securities
Marc Flandreau , Norbert J. Gaillard and Frank Packer 7327: Limits to Arbitrage and Hedging: Evidence from Commodity Markets
Viral V. Acharya , Lars Lochstoer and Tarun Ramadorai 7326: Food and Cash Transfers: Evidence from Colombia
Orazio Attanasio , Erich Battistin and Alice Mesnard 7325: The process by which the Dollar will fall: the effect of forward-looking consumers
Karlygash Kuralbayeva and David Vines 7324: Oil Price Shocks, Monetary Policy and Stagflation
Lutz Kilian 7323: Finite State Dynamic Games with Asymmetric Information: A Framework for Applied Work
Chaim Fershtman and Ariel Pakes 7322: Crash Risk in Currency Markets
Emmanuel Farhi , Samuel P. Fraiberger , Xavier Gabaix , Romain Ranciere and Adrien Verdelhan 7321: Why Do Mothers Breastfeed Girls Less Than Boys? Evidence and Implications for Child Health in India
Seema Jayachandran and Ilyana Kuziemko 7320: Higher Vote Thresholds for Incumbents, Effort and Selection
Hans Gersbach 7319: Asymmetric Price Effects of Competition
Saul Lach and Jose Luis Moraga-Gonzalez 7318: Mapping prices into productivity in multisector growth models
L. Rachel Ngai and Roberto Mantaro Samaniego 7317: Beyond the WTO? An Anatomy of EU and US Preferential Trade Agreements
Henrik Horn , Petros C Mavroidis and Andre Sapir 7316: The Burden of Proof in National Treatment Disputes and the Environment
Henrik Horn 7315: A Dynamic Model of Price Discrimination and Inventory Management at the Fulton Fish Market
Kathryn Graddy and George John Hall 7314: What Lies Beneath the Euro's Effect on Financial Integration? Currency Risk, Legal Harmonization, or Trade?
Sebnem Kalemli-Ozcan , Elias Papaioannou and Jose-Luis Peydro 7313: The Doha Round and Market Access for LDCs: Scenarios for the EU and US Markets
Celine Carrere and Jaime A.P. de Melo 7312: Computing DSGE Models with Recursive Preferences
Dario Caldara , Jesus Fernandez-Villaverde , Juan F Rubio-Ramirez and Wen Yao 7311: The Paradox of Declining Female Happiness
Betsey Stevenson and Justin Wolfers 7310: Migration-Regime Liberalization and Social Security: Political-Economy Effect
Assaf Razin and Edith Sand 7309: On the Unstable Relationship between Exchange Rates and Macroeconomic Fundamentals
Philippe Bacchetta and Eric van Wincoop 7308: On the Fortunes of Stock Exchanges and Their Reversals: Evidence from Foreign Listings
Nuno Fernandes and Mariassunta Giannetti 7307: The Empirics of New Economic Geography
Stephen James Redding 7306: Naming & Shaming: The impacts of different regimes on hospital waiting times in England and Wales
Timothy J. Besley , Gwyn Bevan and Konrad Burchard Burchardi 7305: Lobbying competition over trade policy
Kishore Gawande , Pravin Krishna and Marcelo Olarreaga 7304: The Macroeconomics of Money Market Freezes
Max Bruche and Javier Suarez
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