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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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8989: Bargaining failures and merger policy Downloads
Roberto Burguet and Ramon Caminal
8988: Push-Me Pull-You: Comparative Advertising in the OTC Analgesics Industry Downloads
Simon Anderson, Federico Ciliberto, Jura Liaukonyte and Régis Renault
8987: The Role of Borders, Languages, and Currencies as Obstacles to Labor Market Integration Downloads
Kevin Bartz and Nicola Fuchs-Schündeln
8986: Exchange rate regimes and fiscal multipliers Downloads
Benjamin Born, Falko Juessen and Gernot Müller
8985: Global Banks, Financial Shocks and International Business Cycles: Evidence from an Estimated Model Downloads
Robert Kollmann
8984: What's News in Business Cycles Downloads
Stephanie Schmitt-Grohé and Martín Uribe
8983: Managing Currency Pegs Downloads
Stephanie Schmitt-Grohé and Martín Uribe
8982: Vertical Exclusion with Endogenous Competiton Externalities Downloads
Stephen Hansen and Massimo Motta
8981: Care or Cash? The Effect of Child Care Subsidies on Student Performance Downloads
Sandra Black, Paul Devereux, Katrine Løken and Kjell G Salvanes
8980: Do Oil Prices Help Forecast U.S. Real GDP? The Role of Nonlinearities and Asymmetries Downloads
Lutz Kilian and Robert Vigfusson
8979: Bubble Thy Neighbor: Portfolio Effects and Externalities from Capital Controls Downloads
Kristin Forbes, Marcel Fratzscher and Roland Straub
8978: Slow Recoveries: A Structural Interpretation Downloads
Jordi Galí, Frank Smets and Raf Wouters
8977: Genetic testing with primary prevention and moral hazard Downloads
David Bardey and Philippe De Donder
8976: Do Public Health Interventions Crowd Out Private Health Investments? Malaria Control Policies in Eritrea Downloads
Pedro Carneiro, Tewolde Ghebremeskel, Joseph Keating and Andrea Locatelli
8975: The Effects of Democratization on Public Goods and Redistribution: Evidence from China Downloads
Monica Martinez-Bravo, Gerard Padro, Nancy Qian and Yang Yao
8974: The ECB as Lender of Last Resort for Sovereigns in the Euro Area Downloads
Willem Buiter and Ebrahim Rahbari
8973: A Reconciliation of SVAR and Narrative Estimates of Tax Multipliers Downloads
Karel Mertens and Morten Ravn
8972: Nonlinear Adventures at the Zero Lower Bound Downloads
Jesus Fernandez-Villaverde, Grey Gordon, Pablo Guerron and Juan F Rubio-Ramirez
8971: The Sovereign Default Puzzle: Modelling Issues and Lessons for Europe Downloads
Daniel Cohen and Sébastien Villemot
8970: Switching Costs and Equilibrium Prices Downloads
Luis Cabral
8969: Local Bias and Stock Market Conditions Downloads
Mariassunta Giannetti and Luc Laeven
8968: Wage Rigidity and Job Creation Downloads
Christian Haefke, Marcus Sonntag and Thijs van Rens
8967: The Pricing of Art and the Art of Pricing: Pricing Styles in the Concert Industry Downloads
Pascal Courty and Mario Pagliero
8966: What is the cost of retaining and attracting exceptional talents? Evidence from the Canada Research Chair program Downloads
Pascal Courty and John Sim
8965: Sale of Visas: A Smuggler's Final Song? Downloads
Emmanuelle Auriol and Alice Mesnard
8964: Do Local Amenities Affect the Appeal of Regions in Europe for Migrants? Downloads
Tobias Ketterer and Andrés Rodríguez-Pose
8963: Networked FDI: Sales and Sourcing Patterns of Japanese Foreign Affiliates Downloads
Richard Baldwin and Toshihiro Okubo
8962: The Dictator Effect: How Long Years in Office Affects Economic Development in Africa and the Near East Downloads
Kostadis Papaioannou and Jan Luiten van Zanden
8961: Prudential Policy for Peggers Downloads
Stephanie Schmitt-Grohé and Martín Uribe
8960: A Theory of Political Entrenchment Downloads
Gilles Saint-Paul, Davide Ticchi and Andrea Vindigni
8959: Some Properties of Autocoherent Models Downloads
Gilles Saint-Paul
8958: Current Account Imbalances in Europe Downloads
Philip Lane and Barbara Pels
8957: Euro Area Money Demand and International Portfolio Allocation: A Contribution to Assessing Risks to Price Stability Downloads
Roberto A De Santis, Carlo Favero and Barbara Roffia
8956: The Effect of Conventional and Unconventional Monetary Policy Rules on Inflation Expectations: Theory and Evidence Downloads
Roger Farmer
8955: Fiscal Consolidation in an Open Economy Downloads
Christopher Erceg and Jesper Lindé
8954: How Trade Credits Foster International Trade Downloads
Katharina Eck, Martina Engemann and Monika Schnitzer
8953: A dynamic analysis of bank bailouts and constructive ambiguity Downloads
Sylvester Eijffinger and Rob Nijskens
8952: Super-Additionality: A Neglected Force in Markets for Carbon Offsets Downloads
Antonio Bento, Ravi Kanbur and Benjamin Leard
8951: Structural Reforms and Regional Convergence Downloads
Natasha Xingyuan Che and Antonio Spilimbergo
8950: Asia’s Growth, the Changing Geography of World Trade, and Food Security: Projections to 2030 Downloads
Kym Anderson and Anna Strutt
8949: Multi-Stage Sequential All-Pay Auctions Downloads
Ella Segev and Aner Sela
8948: Dynamic Moral Hazard, Learning and Belief Manipulation Downloads
V Bhaskar
8947: The Return of Financial Repression Downloads
Carmen Reinhart
8946: A Theory of Optimal Capital Taxation Downloads
Thomas Piketty and Emmanuel Saez
8945: Does Misinformation Demobilize the Electorate? Measuring the Impact of Alleged 'Robocalls' in the 2011 Canadian Election Downloads
Tom Cornwall and Anke Kessler
8944: Money, credit, monetary policy and the business cycle in the euro area Downloads
Domenico Giannone, Michele Lenza and Lucrezia Reichlin
8943: The use of tax havens in exemption regimes Downloads
Anna Gumpert, James Hines and Monika Schnitzer
8942: Trade liberalization and credit constraints: Why opening up may fail to promote convergence Downloads
Katrin Peters and Monika Schnitzer
8941: Choosing a Champion: Party Membership and Policy Platform Downloads
Simon Anderson and Kieron Meagher
8940: Transfers, Diversification and Household Risk Strategies: Experimental evidence with lessons for climate change adaptation Downloads
Karen Macours, Patrick Premand and Renos Vakis
8939: Transparency, Tax Pressure and Access to Finance Downloads
Andrew Ellul, Tullio Jappelli, Marco Pagano and Fausto Panunzi
8938: Debt Deleveraging and the Exchange Rate Downloads
Pierpaolo Benigno and Federica Romei
8937: Protectionism Isn’t Counter-Cyclic (anymore) Downloads
Andrew Rose
8936: Competition for Managers, Corporate Governance and Incentive Compensation Downloads
Viral Acharya, Marc Gabarro and Paolo Volpin
8935: (Re-) Shaping Hatred: Anti-Semitic Attitudes in Germany, 1890-2006 Downloads
Nico Voigtländer and Hans-Joachim Voth
8934: Household Finance: An Emerging Field Downloads
Luigi Guiso and Paolo Sodini
8933: Inflation Forecast Contracts Downloads
Hans Gersbach and Volker Hahn
8932: The Role of Social Networks and Peer Effects in Education Transmission Downloads
Sebastian Bervoets, Antoni Calvó-Armengol and Yves Zenou
8931: Exports and Wages: Rent Sharing, Workforce Composition or Returns to Skills? Downloads
Mario Macis and Fabiano Schivardi
8930: Ricardo's Theory of Comparative Advantage: Old Idea, New Evidence Downloads
Arnaud Costinot and Dave Donaldson
8929: Lifetime earnings inequality in Germany Downloads
Timm Bönke, Giacomo Corneo and Holger Lüthen
8928: Monetary policy responses to oil price fluctuations Downloads
Martin Bodenstein, Luca Guerrieri and Lutz Kilian
8927: A proposal for the resolution of systemically important assets and liabilities: The case of the repo market Downloads
Viral Acharya and T Sabri Öncü
8926: Getting Ready: Preparation for Exporting Downloads
Leonardo Iacovone and Beata Javorcik
8925: The Optimal Control of Infectious Diseases via Prevention and Treatment Downloads
Robert Rowthorn and Flavio Toxvaerd
8924: Understanding Bubbly Episodes Downloads
Vasco Carvalho, Alberto Martin and Jaume Ventura
8923: Product quality, competition, and multi-purchasing Downloads
Simon Anderson, Øystein Foros and Hans Jarle Kind
8922: How Can Bill and Melinda Gates Increase Other People's Donations to Fund Public Goods? Downloads
Dean Karlan and John List
8921: The Role of Salience in Performance Schemes: Evidence from a Field Experiment Downloads
Florian Englmaier, Andreas Roider and Uwe Sunde
8920: Sorting and local wage and skill distributions in France Downloads
Pierre-Philippe Combes, Gilles Duranton, Laurent Gobillon and Sébastien Roux
8919: Human Capital, Innovation, and Climate Policy: An Integrated Assessment Downloads
Carlo Carraro, Enrica De Cian and Massimo Tavoni
8918: Real exchange rate adjustment, wage-setting institutions, and fiscal stabilization policy: Lessons of the Eurozone’s first decade Downloads
Wendy Carlin
8917: Bayesian Model Averaging, Learning and Model Selection Downloads
George Evans, Seppo Honkapohja, Thomas Sargent and Noah Williams
8916: The Role of Speculation in Oil Markets: What Have We Learned So Far? Downloads
Bassam Fattouh, Lutz Kilian and Lavan Mahadeva
8915: Household Responses to Information on Child Nutrition: Experimental Evidence from Malawi Downloads
Emla Fitzsimons, Bansi Malde, Alice Mesnard and Marcos Vera-Hernandez
8914: Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts Downloads
Ulf Axelson, Tim Jenkinson, Per Stromberg and Michael Weisbach
8913: Aggregate Risk and the Choice between Cash and Lines of Credit Downloads
Viral Acharya, Heitor Almeida and Murillo Campello
8912: Greenfield FDI and Skill Upgrading Downloads
Ronald Davies and Rodolphe Desbordes
8911: Import Prices, Income, and Inequality Downloads
Eddy Bekkers, Joseph Francois and Miriam Manchin
8910: Backwards Integration and Strategic Delegation Downloads
Matthias Hunold, Lars-Hendrik Röller and Konrad Stahl
8909: Adaptation Can Help Mitigation: An Integrated Approach to Post-2012 Climate Policy Downloads
Francesco Bosello, Carlo Carraro and Enrica De Cian
8908: Awareness and AIDS: A Political Economy Perspective Downloads
Gani Aldashev and Jean-Marie Baland
8907: Migration to the Cloud Ecosystem: Ushering in a New Generation of Platform Competition Downloads
Chaim Fershtman and Neil Gandal
8906: Bilateral Exchange Rates and Jobs Downloads
Eddy Bekkers and Joseph Francois
8905: Seeking Alpha: Excess Risk Taking and Competition for Managerial Talent Downloads
Viral Acharya, Marco Pagano and Paolo Volpin
8904: Aspirations, Well-being, Risk-Aversion and Loss-Aversion Downloads
Kees Koedijk, Rachel Pownall and Meir Statman
8903: International trade in natural resources: Practice and policy Downloads
Michele Ruta and Anthony Venables
8902: The world’s oldest fiscal watchdog: CPB’s analyses foster consensus on economic policy Downloads
Frits Bos and C. N. Teulings
8901: Decentralized Deterrence, with an Application to Labor Tax Auditing Downloads
Edoardo Di Porto, Nicola Persico and Nicolas Sahuguet
8900: Prices, Markups and Trade Reform Downloads
Jan De Loecker, Pinelopi Goldberg, Amit Khandelwal and Nina Pavcnik
8899: Can Rare Events Explain the Equity Premium Puzzle? Downloads
Anisha Ghosh and Christian Julliard
8898: Change You Can Believe In? Hedge Fund Data Revisions Downloads
Andrew Patton, Tarun Ramadorai and Michael Streatfield
8897: The Procyclical Effects of Bank Capital Regulation Downloads
Rafael Repullo and Javier Suarez
8896: Green Shoots and Double Dips in the Euro Area. A Real Time Measure Downloads
Maximo Camacho, Gabriel Pérez-Quirós and Pilar Poncela
8895: Energy and Climate Change in China Downloads
Carlo Carraro and Emanuele Massetti
8894: Common Drifting Volatility in Large Bayesian VARs Downloads
Andrea Carriero, Todd Clark and Massimiliano Marcellino
8893: Financial Globalization, Inequality, and the Raising of Public Debt Downloads
Marina Azzimonti, Eva de Francisco and Vincenzo Quadrini
8892: Policy Change and Learning in the RBC Model Downloads
George Evans, Seppo Honkapohja and Kaushik Mitra
8891: Fiscal Policy and Learning Downloads
George Evans, Seppo Honkapohja and Kaushik Mitra
8890: On the optimal supply of liquidity with borrowing constraints Downloads
Francesco Lippi and Nicholas Trachter
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