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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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7506: Dynamic Trading and Asset Prices: Keynes vs. Hayek Downloads
Giovanni Cespa and Xavier Vives
7505: Understanding the Aggregate Effects of Anticipated and Unanticipated Tax Policy Shocks Downloads
Karel Mertens and Morten Overgaard Ravn
7504: One TV, One Price? Downloads
Jean M. Imbs, Haroon Mumtaz, Morten Overgaard Ravn and Helene Rey
7503: International Trade, Foreign Direct Investment, and Technology Spillovers Downloads
Wolfgang Keller
7502: Labor Market Rigidities, Trade, and Unemployment Downloads
Elhanan Helpman and Oleg Itskhoki
7501: The Political Economy of Redistribution in the U.S. in the Aftermath of World War II and the Delayed Impacts of the Great Depression - Evidence and Theory Downloads
Roel Maria Wilhelmus Jozef Beetsma, Alex Cukierman and Massimo Giuliodori
7500: The Macroeconomic Costs and Benefits of the EMU and other Monetary Unions: An Overview of Recent Research Downloads
Roel Maria Wilhelmus Jozef Beetsma and Massimo Giuliodori
7499: Government Bond Risk Premiums in the EU revisited: The Impact of the Financial Crisis Downloads
Ludger Schuknecht, Juergen von Hagen and Guido Wolswijk
7498: Internal Rationality and Asset Prices Downloads
Klaus Adam and Albert Marcet
7497: Dynamic Incentive Accounts Downloads
Alex Edmans, Xavier Gabaix, Tomasz Sadzik and Yuliy Sannikov
7496: Village Economies and the Structure of Extended Family Networks Downloads
Manuela Angelucci, Giacomo De Giorgi, Marcos A. Rangel and Imran Rasul
7495: Financial Crises and Economic Activity Downloads
Stephen Cecchetti, Marion Kohler and Christian Upper
7494: What Can Be Learned from Crisis-Era Protectionism? An Initial Assessment Downloads
Simon John Evenett
7493: How do different exporters react to exchange rate changes? Theory, empirics and aggregate implications Downloads
Nicolas Berman, Philippe Martin and Thierry Mayer
7492: What do Russians think about transition? Downloads
Irina Denisova, Markus Eller and Ekaterina Zhuravskaya
7491: Spillovers through backward linkages from multinationals: Measurement matters! Downloads
Salvador Barrios, Holger Görg and Eric Albert Strobl
7490: Does the welfare state make older workers unemployable? Downloads
Gilles Saint-Paul
7489: Spain is Different: Falling Trends of Inequality Downloads
Josep Pijoan-Mas and Virginia Sanchez-Marcos
7488: Real Effects of Bank Governance: Bank Ownership and Corporate Innovation Downloads
Rainer Haselmann, Katharina Marsch and Beatrice Weder di Mauro
7487: A New Payment Rule for Core-Selecting Package Auctions Downloads
Aytek Erdil and Paul Klemperer
7486: Firm Dynamics Support the Importance of the Embodied Question Downloads
Alain Gabler and Omar Licandro
7485: Marriage and Emancipation in The Age of The Pill Downloads
Lena Edlund and Cecilia Machado
7484: Non-Separable Preferences and Frisch Labor Supply: One Solution to a Fiscal Policy Puzzle Downloads
Florin O. Bilbiie
7483: Incentives and Tranche Retention in Securitisation: A Screening Model Downloads
Ingo Fender and Janet Mitchell
7482: Delegating Optimal Monetary Policy Inertia Downloads
Florin O. Bilbiie
7481: Evaluating Monetary Policy Downloads
Lars E. O. Svensson
7480: Growth After the Crisis Downloads
Dani Rodrik
7479: Spatial Development Downloads
Klaus Desmet and Esteban Rossi-Hansberg
7478: The Political Economy of Ethnolinguistic Cleavages Downloads
Klaus Desmet, Ignacio Ortuño-Ortín and Romain Wacziarg
7477: Indeterminacy of Competitive Equilibrium with Risk of Default Downloads
Gaetano Bloise, Pietro Reichlin and Mario Tirelli
7476: Adversarial versus Inquisitorial Testimony Downloads
Winand Emons and Claude Fluet
7475: Estimating Gender Differences in Access to Jobs: Females Trapped at the Bottom of the Ladder Downloads
Laurent Gobillon, Dominique Meurs and Sébastien Roux
7474: Methods versus Substance: Measuring the Effects of Technology Shocks on Hours Downloads
Cristina Fuentes-Albero, Maxym Kryshko, José-Víctor Ríos-Rull, Raul Santaeulalia-Llopis and Frank Schorfheide
7473: The Impact of Training on Productivity and Wages: Firm Level Evidence Downloads
Jozef Konings and Stijn Vanormelingen
7472: The Crisis in the Foreign Exchange Market Downloads
Michael Melvin and Mark P. Taylor
7471: Why Agnostic Sign Restrictions Are Not Enough: Understanding the Dynamics of Oil Market VAR Models Downloads
Lutz Kilian
7470: Competition Policy and Productivity Growth: An Empirical Assessment Downloads
Paolo Buccirossi, Lorenzo Ciari, Tomaso Duso, Giancarlo Spagnolo and Cristiana Vitale
7469: Leverage and Asset Bubbles: Averting Armageddon with Chapter 11? Downloads
Marcus H Miller and Joseph E. Stiglitz
7468: Inefficient employment decisions, entry costs, and the cost of fluctuations Downloads
Wouter Den Haan and Petr Sedlacek
7467: Unemployment and Right-wing Extremist Crime Downloads
Armin Falk, Andreas Kuhn and Josef Zweimüller
7466: Cross-Country Causes and Consequences of the 2008 Crisis: International Linkages and American Exposure Downloads
Andrew Kenan Rose and Mark M Spiegel
7465: Financial Innovation and Endogenous Growth Downloads
Luc Laeven, Ross Levine and Stelios Michalopoulos
7464: Women's Rights and Development Downloads
Raquel Fernández
7463: Multivariate Sarmanov Count Data Models Downloads
Eugenio J. Miravete
7462: The Fundamental Law of Road Congestion: Evidence from US cities Downloads
Gilles Duranton and Matthew Turner
7461: The Right Amount of Trust Downloads
Jeffrey Vincent Butler, Paola Giuliano and Luigi Guiso
7460: Monitoring Job Offer Decisions, Punishments, Exit to Work, and Job Quality Downloads
Gerard J. van den Berg and Johan Vikström
7459: Middlemen, Non-Profits and Poverty Downloads
Nancy H. Chau, Hideaki Goto and Ravi Kanbur
7458: The Distance Effect and the Regionalization of the Trade of Low-Income Countries Downloads
Celine Carrere, Jaime A.P. de Melo and John Wilson
7457: Information Gatekeepers: Theory and Experimental Evidence Downloads
Isabelle Brocas, Juan D Carrillo and Thomas R Palfrey
7456: Consideration Sets and Competitive Marketing Downloads
Kfir Eliaz and Ran Spiegler
7455: Offshoring, Firm Performance and Establishment-Level Employment: Identifying Productivity and Downsizing Effects Downloads
Christoph Moser, Dieter M. Urban and Beatrice Weder di Mauro
7454: How to Measure the Deterrence Effects of Merger Policy: Frequency or Composition? Downloads
Pedro Pita Barros, Joseph A. Clougherty and Jo Seldeslachts
7453: Equilibrium Prices in the Presence of Delegated Portfolio Management Downloads
Domenico Cuoco and Ron Kaniel
7452: Limited Asset Market Participation and the Consumption-Real Exchange Rate Anomaly Downloads
Robert Kollmann
7451: Macroeconomic Effects of Financial Shocks Downloads
Urban Joseph Jermann and Vincenzo Quadrini
7450: Markups and Firm-level Export Status Downloads
Jan K. De Loecker and Frédèric warzynski
7449: A Tractable Model of Precautionary Reserves, Net Foreign Assets, or Sovereign Wealth Funds Downloads
Christopher Carroll and Olivier Jeanne
7448: Globalization and Individual Gains from Trade Downloads
Kristian Behrens and Yasusada Murata
7447: Frequentist Inference in Weakly Identified DSGE Models Downloads
Pablo A. Guerron, Atsushi Inoue and Lutz Kilian
7446: Forecasting Large Datasets with Bayesian Reduced Rank Multivariate Models Downloads
Andrea Carriero, George Kapetanios and Massimiliano Marcellino
7445: MIDAS vs. mixed-frequency VAR: Nowcasting GDP in the Euro Area Downloads
Vladimir Kuzin, Massimiliano Marcellino and Christian Schumacher
7444: Financial Constraints and the Margins of FDI Downloads
Claudia M. Buch, Iris Kesternich, Alexander Lipponer and Monika Schnitzer
7443: Obesity and Price Sensitivity at the Supermarket Downloads
Neil Gandal and Anastasia Shabelansky
7442: Managerial Incentives and Stock Price Manipulation Downloads
Lin Peng and Ailsa A Röell
7441: On the Real Effects of Bank Bailouts: Micro-Evidence from Japan Downloads
Mariassunta Giannetti and Andrei Simonov
7440: Impact of Paternal Temporary Absence on Children Left Behind Downloads
Alison Lee Booth and Yuji Tamura
7439: How Large Are the Effects of Tax Changes? Downloads
Carlo Favero and Francesco Giavazzi
7438: Product-Based Cultural Change: Is the Village Global? Downloads
Nicolas Maystre, Jacques Olivier, Mathias Thoenig and Thierry A. Verdier
7437: Gender and Competition Downloads
Alison Lee Booth
7436: When Everyone Runs for the Exit Downloads
Lasse Heje Pedersen
7435: Aggregate Labor Market Outcomes: The Role of Choice and Chance Downloads
Per Krusell, Toshihiko Mukoyama, Richard Rogerson and Aysegul Sahin
7434: Relational Contracts and Competitive Screening Downloads
Giacomo Calzolari and Giancarlo Spagnolo
7433: Profit Taxation and Finance Constraints Downloads
Christian Keuschnigg and Evelyn Ribi
7432: Cultural Identity and Knowledge Creation in Cosmopolitan Cities Downloads
Gianmarco .P. Ottaviano and Giovanni Prarolo
7431: Do Food Scares Explain Supplier Concentration? An Analysis of EU Agri-food Imports Downloads
Olivier Cadot, Melise Jaud and Akiko Suwa Eisenmann
7430: A World Factory in Global Production Chains: Estimating Imported Value Added in Chinese Exports Downloads
Robert Koopman, Zhi Wang and Shang-Jin Wei
7429: Labor-Market Matching with Precautionary Savings and Aggregate Fluctuations Downloads
Per Krusell, Toshihiko Mukoyama and Aysegul Sahin
7428: Do Individual Investors Have Asymmetric Information Based On Work Experience? Downloads
Trond Døskeland and Hans K. Hvide
7427: Government Purchases and the Real Exchange Rate Downloads
Robert Kollmann
7426: Nowcasting, Business Cycle Dating and the Interpretation of New Information when Real-Time Data are Available Downloads
Kevin Charles Lee, Nils Olekalns and K Shields
7425: A Three State Model of Worker Flows in General Equilibrium Downloads
Per Krusell, Toshihiko Mukoyama, Richard Rogerson and Aysegul Sahin
7424: The Lifeboat Problem Downloads
Kai A. Konrad and Dan Kovenock
7423: Measuring the Impact of Fiscal Policy in the Face of Anticipation: A Structural VAR Approach Downloads
Karel Mertens and Morten Overgaard Ravn
7422: Price and quality in spatial competition Downloads
Kurt Richard Brekke, Luigi Siciliani and Odd Rune Straume
7421: Does Leaving Welfare Improve Health? Evidence for Germany Downloads
Martin Huber, Michael Lechner and Conny Wunsch
7420: The Public Health Costs of Job Loss Downloads
Andreas Kuhn, Rafael Lalive and Josef Zweimüller
7419: Monetary Policy and the Financing of Firms Downloads
Fiorella De Fiore, Pedro Teles and Oreste Tristani
7418: Money is an Experience Good: Competition and Trust in the Private Provision of Money Downloads
Ramon Marimon, Juan Pablo Nicolini and Pedro Teles
7417: Fines, Leniency and Rewards in Antitrust: an Experiment Downloads
Maria Bigoni, Sven-Olof Fridolfsson, Chloé Le Coq and Giancarlo Spagnolo
7416: Disasters implied by equity index options Downloads
David Backus, Mikhail Chernov and Ian Martin
7415: Paying for Confidence: An Experimental Study of the Demand for Non-Instrumental Information Downloads
Kfir Eliaz and Andrew Schotter
7414: Reason-Based Choice: A Bargaining Rationale for the Attraction and Compromise Effects Downloads
Geoffroy de Clippel and Kfir Eliaz
7413: Contractual Execution, Strategic Incompleteness and Venture Capital Downloads
Roberta Dessí
7412: Price Controls and Consumer Surplus Downloads
Jeremy . Bulow and Paul Klemperer
7411: Why Do Sellers (Usually) Prefer Auctions? Downloads
Jeremy . Bulow and Paul Klemperer
7410: Liquidity and Asset Prices: A Unified Framework Downloads
Dimitri Vayanos and Jiang Wang
7409: Gender and Banking: Are Women Better Loan Officers? Downloads
Thorsten Beck, Patrick Behr and Andre Güttler
7408: Referral and Job Performance: Evidence from the Ghana Colonial Army Downloads
Marcel Fafchamps and Alexander Moradi
7407: Determinants of the Choice of Migration Destination Downloads
Marcel Fafchamps and Forhad Shilpi
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