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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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7668: Trade Liberalization and Heterogeneous Firm Models: An Evaluation Using the Canada - US Free Trade Agreement Downloads
Holger Breinlich and Alejandro Cunat
7667: Rotten Kids with Bad Intentions Downloads
Nick Netzer and Armin Schmutzler
7666: The 2008 Financial Crisis and Taxation Policy Downloads
Thomas Hemmelgarn and Gaëtan J.A. Nicodème
7665: Fiscal Centralization and the Political Process Downloads
Facundo Albornoz and Antonio Cabrales
7664: Composition of International Capital Flows: A Survey Downloads
Korolai Kirabaeva and Assaf Razin
7663: Thanks for Nothing? Not-for-Profits and Motivated Agents Downloads
Maitreesh Ghatak and Hannes Felix Mueller
7662: A Framework for Cross-Country Comparisons of Public Infrastructure Constraints on Firm Growth Downloads
Wendy Carlin, Mark E Schaffer and Paul Seabright
7661: Growth in a Time of Debt Downloads
Carmen M. Reinhart and Kenneth S Rogoff
7660: Rational Crowd-Pleasing and Democratic Accountability Downloads
Mathias Dewatripont and Paul Seabright
7659: Incentive Compatible Reimbursement Schemes for Physicians Downloads
Winand Emons
7658: Screening, Competition, and Job Design: Economic Origins of Good Jobs Downloads
Björn Bartling, Ernst Fehr and Klaus M. Schmidt
7657: Does university quality drive international student flows? Downloads
Linda Van Bouwel and Reinhilde Veugelers
7656: Understanding Analysts' Earnings Expectations: Biases, Nonlinearities and Predictability Downloads
Marco Aiolfi, Marius del Giudice Rodriguez and Allan Timmermann
7655: Credit Supply: Identifying Balance-Sheet Channels with Loan Applications and Granted Loans Downloads
Gabriel Jiménez, Steven Ongena, Jose-Luis Peydro and Jesús Saurina
7654: The Institutional Foundations of China’s Reforms and Development Downloads
Cheng-Gang Xu
7653: Who Owns Children and Does it Matter? Downloads
Alice Schoonbroodt and Michele Tertilt
7652: Trading Frenzies and Their Impact on Real Investment Downloads
Itay Goldstein, Emre Ozdenoren and Kathy Yuan
7651: Learning and Complementarities: Implications for Speculative Attacks Downloads
Itay Goldstein, Emre Ozdenoren and Kathy Yuan
7650: Monetary Persistence and the Labor Market: A New Perspective Downloads
Wolfgang Lechthaler, Christian Merkl and Dennis J. Snower
7649: Debt consolidation and fiscal stabilization of deep recessions Downloads
Giancarlo Corsetti, Keith Kuester, Andre Meier and Gernot Müller
7648: Cultural and Institutional Bifurcation: China and Europe Compared Downloads
Avner Greif and Guido Tabellini
7647: Gender and Racial Biases: Evidence from Child Adoption Downloads
Mariagiovanna Baccara, Allan Collard-Wexler, Leonardo Felli and Leeat Yariv
7646: Majority Voting in Multidimensional Policy Spaces: Kramer-Shepsle versus Stackelberg Downloads
Philippe De Donder, Michel Le Breton and Eugenio Peluso
7645: An Optimum Currency Area Odyssey Downloads
Harris Dellas and George S. Tavlas
7644: Monetary Misperceptions, Output and Inflation Dynamics Downloads
Fabrice Collard and Harris Dellas
7643: Imperfect information and the business cycle Downloads
Fabrice Collard, Harris Dellas and Frank Rafael Smets
7642: Wholesalers and Retailers in US Trade (Long Version) Downloads
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 Downloads
Eric Budish and Estelle Cantillon
7640: The relation between competition and innovation -- Why is it such a mess? Downloads
Armin Schmutzler
7639: Directed Search in the Housing Market Downloads
James Albrecht, Pieter A. Gautier and Susan Vroman
7638: Do Employers Discriminate by Gender? A Field Experiment in Female-Dominated Occupations Downloads
Alison Lee Booth and Andrew Keith Leigh
7637: On the Size of the Active Management Industry Downloads
Lubos Pastor and Robert F. Stambaugh
7636: Vertical Relations under Credit Constraints Downloads
Volker Nocke and John Ernest Thanassoulis
7635: Interpreting the Unconventional U.S. Monetary Policy of 2007-09 Downloads
Ricardo Reis
7634: Can we infer social preferences from the lab? Evidence from the trust game Downloads
Nicole M. Baran, Paola Sapienza and Luigi Zingales
7633: Risk Heterogeneity and Credit Supply: Evidence from the Mortgage Market Downloads
Timothy J. Besley, Neil Meads and Paolo Surico
7632: Incentive Effects of Unemployment Insurance Savings Accounts: Evidence from Chile Downloads
Gonzalo Reyes Hartley, Jan C. van Ours and Milan Vodopivec
7631: Cost-Benefit Analysis of the Community Patent Downloads
Jérôme Danguy and Bruno van Pottelsberghe de la Potterie
7630: Can the Fiscal Theory of the price level explain UK inflation in the 1970s? Downloads
Jingwen Fan and A. Patrick L. Minford
7629: On the Origin of the Family Downloads
Marco Francesconi, Christian Ghiglino and Motty Perry
7628: Employment Protection Legislation, Multinational Firms and Innovation Downloads
Rachel Griffith and Gareth Macartney
7627: Part-Time Jobs: What Women Want? Downloads
Alison Lee Booth and Jan C. van Ours
7626: Profit Taxation, Innovation and the Financing of Heterogeneous Firms Downloads
Christian Keuschnigg and Evelyn Ribi
7625: Public versus Private Risk Sharing Downloads
Dirk Krueger and Fabrizio Perri
7624: Is There a Fiscal Free Lunch in a Liquidity Trap? Downloads
Christopher John Erceg and Jesper Lindé
7623: The Euro and Firm Restructuring Downloads
Matteo Bugamelli, Fabiano Schivardi and Roberta Zizza
7622: Cultural Transmission and Discrimination Downloads
Maria Saez-Marti and Yves Zenou
7621: Some Problems in the Testing of DSGE Models Downloads
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 Downloads
Armin Falk and James J. Heckman
7619: Valuation of VIX Derivatives Downloads
Javier Mencía and Enrique Sentana
7618: The Impact of Mergers on the Degree of Competition in the Banking Industry Downloads
Vittoria Cerasi, Barbara Chizzolini and Marc Ivaldi
7617: Excess Leverage and Productivity Growth in Emerging Economies: Is There A Threshold Effect? Downloads
Fabrizio Coricelli, Nigel L. Driffield, Sarmistha Pal and Isabelle Roland
7616: Services Trade and Policy Downloads
Joseph Francis Francois and Bernard Hoekman
7615: Fiscal stimulus and the promise of future spending cuts Downloads
Volker Wieland
7614: Asset Prices, Exchange Rates and the Current Account Downloads
Marcel Fratzscher, Luciana Juvenal and Lucio Sarno
7613: Competition with exclusive contracts and market-share discounts Downloads
Giacomo Calzolari and Denicolo', Vincenzo
7612: The Macroeconomics of Model T Downloads
Reto Foellmi, Tobias Wuergler and Josef Zweimüller
7611: Testing the "Waterbed" Effect in Mobile Telephony Downloads
Christos D. Genakos and Tommaso Valletti
7610: Crisis? What Crisis? Currency vs. Banking in the Financial Crisis of 1931 Downloads
Albrecht Ritschl and Samad Sarferaz
7609: Do trade missions increase trade? Downloads
Keith Head and John Ries
7608: Japan's Lost Decade: Does Money have a Role? Downloads
Fabio Canova and Tobias Menz
7607: The Limits to Fiscal Stimulus Downloads
Willem Hendrik Buiter
7606: Global Imbalances and the Financial Crisis: Products of Common Causes Downloads
Maurice Obstfeld and Kenneth S Rogoff
7605: Reversing unconventional monetary policy: technical and political considerations Downloads
Willem Hendrik Buiter
7604: On the origins of land use regulations: Theory and evidence from US metro areas Downloads
Christian Albin Lukas Hilber and Frédéric Robert-Nicoud
7603: Markets for Reputation: Evidence on Quality and Quantity in Academe Downloads
Daniel Hamermesh and Gerard Pfann
7602: Produce or Speculate? Asset Bubbles, Occupational Choice and Efficiency Downloads
Pierre Cahuc and Edouard Challe
7601: Krueger/Schiff/Valdés Revisited: Agricultural Price and Trade Policy Reform in Developing Countries since 1960 Downloads
Kym Anderson
7600: Two and a Half Theories of Trade Downloads
J. Peter Neary
7599: Social Networks Downloads
Joan de Martí Beltran and Yves Zenou
7598: Investment Shocks and the Relative Price of Investment Downloads
Alejandro Justiniano, Giorgio E. Primiceri and Andrea Tambalotti
7597: Do expectations matter? The Great Moderation revisited Downloads
Fabio Canova and Luca Gambetti
7596: A Touch of Sophistication: FDI and Unit Values of Exports Downloads
Torfinn Harding and Beata Smarzynska Javorcik
7595: Asset fire sales and purchases and the international transmission of financial shocks Downloads
Chotibhak Jotikasthira, Christian Lundblad and Tarun Ramadorai
7594: Does the Fed Respond to Oil Price Shocks? Downloads
Lutz Kilian and Logan T. Lewis
7593: Illegal immigration and media exposure: Evidence on individual attitudes Downloads
Giovanni Facchini, Anna Maria Mayda and Riccardo Puglisi
7592: Individual attitudes towards skilled migration: an empirical analysis across countries Downloads
Giovanni Facchini and Anna Maria Mayda
7591: Spain's International Position, 1850-1913 Downloads
Leandro Prados de la Escosura
7590: Exports and Financial Shocks Downloads
Mary Amiti and David Weinstein
7589: Does Terrorism Work? Downloads
Eric D. Gould and Esteban F. Klor
7588: The design and efficiency of loyalty rewards Downloads
Ramon Caminal
7587: Markets and linguistic diversity Downloads
Ramon Caminal
7586: Dynamic Ethnic Fractionalization and Economic Growth in the Transition Economies from 1989 to 2007 Downloads
Nauro F. Campos, Vitaliy Kuzeyev and Ahmad Saleh
7585: The role of central bank transparency for guiding private sector forecasts Downloads
Michael Ehrmann, Sylvester Eijffinger and Marcel Fratzscher
7584: Contractual solutions to hold-up problems with quality uncertainty and unobservable investments Downloads
Patrick W. Schmitz
7583: Immigration and Swiss House Prices Downloads
Kathrin Degen and Andreas M Fischer
7582: Cross Sectional Facts for Macroeconomists Downloads
Dirk Krueger, Fabrizio Perri, Luigi Pistaferri and Giovanni Luca Violante
7581: Limitations on the Effectiveness of Forward Guidance at the Zero Lower Bound Downloads
Andrew Theo Levin, David Lopez-Salido, Edward Nelson and Tack Yun
7580: Allocation of Prizes in Contests with Participation Constraints Downloads
Reut Megidish and Aner Sela
7579: Do Oil Windfalls Improve Living Standards? Evidence from Brazil Downloads
Francesco Caselli and Guy Michaels
7578: Tractability in Incentive Contracting Downloads
Alex Edmans and Xavier Gabaix
7577: Heterogeneous firms or heterogeneous workers? Implications for the exporter premium and the impact of labor reallocation on productivity Downloads
Alfonso Irarrazabal, Andreas Moxnes and Karen Helene Ulltveit-Moe
7576: Selective contracting and foreclosure in health care markets Downloads
Michiel Bijlsma, Jan Boone and Gijsbert Zwart
7575: Testing the Monetary Policy Rule in the US: a Reconsideration of the Fed’s Behaviour Downloads
A. Patrick L. Minford and Zhirong Ou
7574: Nutrition and Risk Sharing Within the Household Downloads
Pierre Dubois and Ethan Ligon
7573: Skewness in Stock Returns, Periodic Cash Payouts, and Investor Heterogeneity Downloads
Rui Albuquerque
7572: The Long-Lived Effects of Historic Climate on the Wealth of Nations Downloads
John Christopher Bluedorn, Akos Valentinyi and Michael Vlassopoulos
7571: Monitoring Managers: Does it Matter? Downloads
Francesca Cornelli, Zbigniew Kominek and Alexander Ljungqvist
7570: Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870-2008 Downloads
Moritz Schularick and Alan M. Taylor
7569: Inequality and Aggregate Savings in the Neoclassical Growth Model Downloads
Reto Foellmi
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