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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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9339: Risk tolerance and entrepreneurship Downloads
Hans Hvide and Georgios Panos
9338: Finance, Governments, and Trade Downloads
Giuseppe Bertola and Anna Lo Prete
9337: The Economic and Demographic Transition, Mortality, and Comparative Development Downloads
Matteo Cervellati and Uwe Sunde
9336: Social Security, Unemployment Risk and Efficient Bargaining between Unions and Firms Downloads
Pietro Reichlin
9335: Does Supporting Passenger Railways Reduce Road Traffic Externalities? Downloads
Rafael Lalive, Simon Luechinger and Armin Schmutzler
9334: Short-term GDP forecasting with a mixed frequency dynamic factor model with stochastic volatility Downloads
Massimiliano Marcellino, Mario Porqueddu and Fabrizio Venditti
9333: Fiscal Policy and MPC Heterogeneity Downloads
Tullio Jappelli and Luigi Pistaferri
9332: The Internationalization Process of Firms: from Exports to FDI Downloads
Paola Conconi, Andre Sapir and Maurizio Zanardi
9331: Reallocation and Technology: Evidence from the U.S. Steel Industry Downloads
Allan Collard-Wexler and Jan De Loecker
9330: Place Based Policies with Unemployment Downloads
Patrick Kline and Enrico Moretti
9329: Financial Crises: Explanations, Types, and Implications Downloads
Stijn Claessens and Ayhan Kose
9328: Do Prices and Attributes Explain International Differences in Food Purchases? Downloads
Pierre Dubois, Rachel Griffith and Aviv Nevo
9327: Discount Pricing Downloads
Mark Armstrong and Yongmin Chen
9326: The mystique surrounding the central bank’s balance sheet, applied to the European crisis Downloads
Ricardo Reis
9325: Competition, Equity and Quality in HealthCare Downloads
Maija Halonen-Akatwijuka and Carol Propper
9324: Suppliers of multinationals and the forced linkage effect: Evidence from firm level data Downloads
Olivier Godart and Holger Görg
9323: All-Pay Auctions: Implementation and Optimality Downloads
Stefan Jönsson and Armin Schmutzler
9322: Gravity Equations: Workhorse, Toolkit, and Cookbook Downloads
Keith Head and Thierry Mayer
9321: Financial Shocks, Unemployment, and Public Policy Downloads
Edward Driffill
9320: Efficiency and Equity Effects of Taxing the Financial Sector: Lessons from a CGE Model for Belgium Downloads
Omar Chisari, Antonio Estache and Gaëtan Nicodème
9319: Gaming and Strategic Ambiguity in Incentive Provision Downloads
Florian Ederer, Richard Holden and Margaret Meyer
9318: The implications of natural resource exports for non-resource trade Downloads
Torfinn Harding and Anthony Venables
9317: Heterogeneous Firms and Trade Downloads
Marc Melitz and Stephen Redding
9316: Cable Regulation in the Internet Era Downloads
Gregory S Crawford
9315: Common-Value All-Pay Auctions with Asymmetric Information Downloads
Ezra Einy, Ori Haimanko, Ram Orzach and Aner Sela
9314: Unraveling Short- and Farsightedness in Politics Downloads
Hans Gersbach and Oriana Ponta
9313: Macroeconomic forecasting during the Great Recession: The return of non-linearity? Downloads
Laurent Ferrara, Massimiliano Marcellino and Matteo Mogliani
9312: Real-Time Nowcasting with a Bayesian Mixed Frequency Model with Stochastic Volatility Downloads
Andrea Carriero, Todd Clark and Massimiliano Marcellino
9311: Credit Market Competition and Liquidity Crises Downloads
Elena Carletti and Agnese Leonello
9310: Understanding Financial Crises: Causes, Consequences, and Policy Responses Downloads
Stijn Claessens, Ayhan Kose, Luc Laeven and Fabian Valencia
9309: Geography and Intra-National Home Bias: U. S. Domestic Trade in 1949 and 2007 Downloads
Nicholas Crafts and Alexander Klein
9308: Task Specialization in U.S. Cities from 1880-2000 Downloads
Guy Michaels, Ferdinand Rauch and Stephen Redding
9307: Taxation and Development Downloads
Timothy Besley and Torsten Persson
9306: Genetic Diversity and the Origins of Cultural Fragmentation Downloads
Quamrul Ashraf and Oded Galor
9305: The Future of International Liquidity and the Role of China Downloads
Alan Taylor
9304: The Transmission of Democracy: From the Village to the Nation-State Downloads
Paola Giuliano and Nathan Nunn
9303: Like Father like Sons? The Cost of Sovereign Defaults In Reduced Credit to the Private Sector Downloads
Rui Esteves and Joao Jalles
9302: Hospital competition with soft budgets Downloads
Kurt Brekke, Luigi Siciliani and Odd Straume
9301: Uncertainty and Trade Agreements Downloads
Nuno Limão and Giovanni Maggi
9300: Competing Bimetallic Ratios: Amsterdam, London and Bullion Arbitrage in the Mid-18th Century Downloads
Pilar Nogues-Marco
9299: Not the Opium of the People: Income and Secularization in a Panel of Prussian Counties Downloads
Sascha Becker and Ludger Woessmann
9298: The engine immobilizer: a non-starter for car thieves Downloads
Jan C van Ours and Ben Vollaard
9297: Quantifying the Speculative Component in the Real Price of Oil: The Role of Global Oil Inventories Downloads
Lutz Kilian and Thomas K Lee
9296: Labor Supply with Job Assignment under Balanced Growth Downloads
Claudio Michelacci and Josep Pijoan-Mas
9295: Do entrepreneurs matter? Downloads
Sascha Becker and Hans Hvide
9294: The effect of options on coordination Downloads
Luis Araujo and Bernardo Guimaraes
9293: Trade Reforms and Current Account Imbalances: When Does the General Equilibrium Effect Overturn a Partial Equilibrium Intuition? Downloads
Jiandong Ju, Kang Shi and Shang-Jin Wei
9292: World Human Development: 1870-2007 Downloads
Leandro Prados de la Escosura
9291: A Theory of Asset Prices based on Heterogeneous Information Downloads
Elias Albagli, Christian Hellwig and Aleh Tsyvinski
9290: Antitrust Fines in Times of Crisis Downloads
Natalia Fabra and Massimo Motta
9289: Tweaking and the Horndal effect Downloads
Igal E Hendel and Yossi Spiegel
9288: Selection Effects With Heterogeneous Firms Downloads
Monika Mrázová and J. Peter Neary
9287: Contracting under Incomplete Information and Social Preferences: An Experimental Study Downloads
Eva Hoppe and Patrick Schmitz
9286: Agricultural Price Distortions: Trends and Volatility, Past and Prospective Downloads
Kym Anderson
9285: Notes for a New Guide to Keynes (I): Wages, Aggregate Demand, and Employment Downloads
Jordi Galí
9284: Isolated Capital Cities and Misgovernance: Theory and Evidence Downloads
Filipe Campante, Quoc-Anh Do and Bernardo Guimaraes
9283: The Inefficient Markets Hypothesis: Why Financial Markets Do Not Work Well in the Real World Downloads
Roger Farmer, Carine Nourry and Alain Venditti
9282: Regime Change, Democracy and Growth Downloads
Caroline Freund and Mélise Jaud
9281: Bargaining position, bargaining power, and the property rights approach Downloads
Patrick Schmitz
9280: The New Stylized Facts About Income and Subjective Well-Being Downloads
Daniel Sacks, Betsey Stevenson and Justin Wolfers
9279: Free Trade Agreements and the Consolidation of Democracy Downloads
Xuepeng Liu and Emanuel Ornelas
9278: Social Fragmentation, Public Goods and Elections: Evidence from China Downloads
Gerard Padro, Nancy Qian and Yang Yao
9277: Conflict, Climate and Cells: A Disaggregated Analysis Downloads
Mariaflavia Harari and Eliana La Ferrara
9276: Losing Heart? The Effect of Job Displacement on Health Downloads
Sandra Black, Paul Devereux and Kjell G Salvanes
9275: Taxation and the Long Run Allocation of Labor: Theory and Danish Evidence Downloads
Claus Kreiner, Jakob Munch and Hans-Jørgen Whitta-Jacobson
9274: Early Child Care and Child Development: For Whom it Works and Why Downloads
Christina Felfe and Rafael Lalive
9273: Fiscal Policy in a Depressed Economy: Was There a 'Free Lunch' in 1930s' Britain? Downloads
Nicholas Crafts and Terence C Mills
9272: Evaluating the effect of ownership status on hospital quality: the key role of innovative procedures Downloads
Laurent Gobillon and Carine Milcent
9271: Trading and information diffusion in OTC markets Downloads
Ana Babus and Péter Kondor
9270: The political economy of trade and migration: Evidence from the U.S. Congress Downloads
Paola Conconi, Giovanni Facchini, Max Steinhardt and Maurizio Zanardi
9269: The failure to predict the Great Recession. The failure of academic economics? A view focusing on the role of credit Downloads
María Gadea and Gabriel Pérez-Quirós
9268: The Demand for Liquid Assets, Corporate Saving, and Global Imbalances Downloads
Philippe Bacchetta and Kenza Benhima
9267: Carbon Taxes, Path Dependency and Directed Technical Change: Evidence from the Auto Industry Downloads
Philippe Aghion, Antoine Dechezleprêtre, David Hemous, Ralf Martin and John van Reenen
9266: How to use demand systems to evaluate risky projects, with an application to automobile production Downloads
Richard Friberg and Cristian Huse
9265: R&D, Socio-Economic Conditions and Regional Innovation in the United States Downloads
Riccardo Crescenzi and Andrés Rodríguez-Pose
9264: The Economic Value of Patent Portfolios Downloads
Alfonso Gambardella, Dietmar Harhoff and Bart Verspagen
9263: Economic Science and Political Influence Downloads
Gilles Saint-Paul
9262: Valuation Risk and Asset Pricing Downloads
Rui Albuquerque, Martin Eichenbaum and Sergio Rebelo
9261: Non-linear Effects of Taxation on Growth Downloads
Nir Jaimovich and Sergio Rebelo
9260: Importers, Exporters, and Exchange Rate Disconnect Downloads
Mary Amiti, Oleg Itskhoki and Jozef Konings
9259: Income, Democracy, and Critical Junctures Downloads
Matteo Cervellati, Florian Jung, Uwe Sunde and Thomas Vischer
9258: Household Interaction and the Labor Supply of Married Women Downloads
Zvi Eckstein and Osnat Lifshitz
9257: The Impact of Debt Levels and Debt Maturity on Inflation Downloads
Elisa Faraglia, Albert Marcet, Rigas Oikonomou and Andrew Scott
9256: The Fossile Episode Downloads
John Hassler and Hans-Werner Sinn
9255: External Imbalances and Financial Crises Downloads
Alan Taylor
9254: Concording EU Trade and Production Data over Time Downloads
Andrew Bernard, Ilke Van Beveren and Hylke Vandenbussche
9253: Experience Matters: Human Capital and Development Accounting Downloads
David Lagakos, Benjamin Moll, Tommaso Porzio and Nancy Qian
9252: When Is There a Strong Transfer Risk from the Sovereigns to the Corporates? Property Rights Gaps and CDS Spreads Downloads
Jennie Bai and Shang-Jin Wei
9251: Do Labor Market Policies Have Displacement Effects? Evidence from a Clustered Randomized Experiment Downloads
Bruno Crépon, Esther Duflo, Marc Gurgand, Roland Rathelot and Philippe Zamora
9250: Free to Choose? Reform and Demand Response in the English National Health Service Downloads
Martin Gaynor, Carol Propper and Stephan Seiler
9249: The Pricing of Sovereign Risk and Contagion during the European Sovereign Debt Crisis Downloads
John Beirne and Marcel Fratzscher
9248: The Making of Modern America: Migratory Flows in the Age of Mass Migration Downloads
Oriana Bandiera, Imran Rasul and Martina Viarengo
9247: Offshoring and Directed Technical Change Downloads
Daron Acemoglu, Gino Gancia and Fabrizio Zilibotti
9246: Trade liberalization and Embedded Institutional Reform: Evidence from Chinese Exporters Downloads
Amit Khandelwal, Peter Schott and Shang-Jin Wei
9245: Tracing Value-Added and Double Counting in Gross Exports Downloads
Robert Koopman, Zhi Wang and Shang-Jin Wei
9244: An Analysis of Eurobonds Downloads
Roel Beetsma and Kostas(Konstantinos) Mavromatis
9243: Learning by working in big cities Downloads
Jorge De la Roca and Diego Puga
9242: Democracy Undone. Systematic Minority Advantage in Competitive Vote Markets Downloads
Alessandra Casella and Sébastien Turban
9241: A Theory of Optimal Inheritance Taxation Downloads
Thomas Piketty and Emmanuel Saez
9240: The Costs of Agglomeration: Land Prices in French Cities Downloads
Pierre-Philippe Combes, Gilles Duranton and Laurent Gobillon
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