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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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8661: Does the European Financial Stability Facility bail out sovereigns or banks? An event study Downloads
Balint Horvath and Harry Huizinga
8660: The Environment and Directed Technical Change Downloads
Daron Acemoglu, Philippe Aghion, Leonardo Bursztyn and David Hemous
8658: The "Austerity Myth": Gain without Pain? Downloads
Roberto Perotti
8656: Productivity, Relationship-Specific Inputs and the Sourcing Modes of Multinationals Downloads
Fabrice Defever and Farid Toubal
8655: Internal Geography and External Trade: regional disparities in Italy, 1861-2011 Downloads
A'Hearn, Brian and Anthony Venables
8654: On the Distribution of Exchange Rate Regime Treatment Effects on International Trade Downloads
Sabrina Dorn and Peter Egger
8653: Immigration and the School System Downloads
Facundo Albornoz, Antonio Cabrales and Esther Hauk
8652: A Dynamic General Equilibrium Analysis of Monetary Policy Rules, Adverse Selection and Long-Run Financial Risk Downloads
Hans Blommestein, Sylvester Eijffinger and Zongxin Qian
8651: Sovereign CDS and Bond Pricing Dynamics in the Euro-area Downloads
Giorgia Palladini and Richard Portes
8650: Persistent Liquidity Effects and Long Run Money Demand Downloads
Fernando Alvarez and Francesco Lippi
8649: When Bonds Matter: Home Bias in Goods and Assets Downloads
Nicolas Coeurdacier and Pierre-Olivier Gourinchas
8648: Sovereigns, Upstream Capital Flows, and Global Imbalances Downloads
Laura Alfaro, Sebnem Kalemli-Ozcan and Vadym Volosovych
8647: How Big are the Gains from International Financial Integration? Downloads
Indrit Hoxha, Sebnem Kalemli-Ozcan and Dietrich Vollrath
8646: The Effect of Education on Criminal Convictions and Incarceration: Causal Evidence from Micro-data Downloads
Randi Hjalmarsson, Helena Holmlund and Matthew Lindquist
8645: Academic Dynasties: Decentralization and Familism in the Italian Academia Downloads
Ruben Durante, Giovanna Labartino and Roberto Perotti
8644: Land deals in Africa: pioneers and speculators Downloads
Paul Collier and Anthony Venables
8643: Risk Sharing through Capital Gains Downloads
Faruk Balli, Sebnem Kalemli-Ozcan and Bent Sorensen
8642: Supply-Side Policies and the Zero Lower Bound Downloads
Jesus Fernandez-Villaverde, Pablo Guerron and Juan F Rubio-Ramirez
8641: Redistribution and the Multiplier Downloads
Tommaso Monacelli and Roberto Perotti
8640: Your place or mine? On the residence choice of young couples in Norway Downloads
Katrine Løken, Kjell Lommerud and Shelly Lundberg
8639: A Linder Hypothesis for Foreign Direct Investment Downloads
Pablo Fajgelbaum, Gene Grossman and Elhanan Helpman
8638: Impact Evaluation of Trade Interventions: Paving the Way Downloads
Olivier Cadot, Ana Fernandes, Julien Gourdon and Aaditya Mattoo
8637: Sovereign spreads in the Euro area: Which prospects for a Eurobond? Downloads
Carlo Favero and Alessandro Missale
8636: Add-on Pricing, Naive Consumers, and the Hidden Welfare Costs of Education Downloads
Michael Kosfeld and Ulrich Schüwer
8635: Can Oil Prices Forecast Exchange Rates? Downloads
Domenico Ferraro, Kenneth Rogoff and Barbara Rossi
8634: Raising the Financial Costs of Children and Fertility Responses: Evidence from the Kibbutz Downloads
Avraham Ebenstein, Moshe Hazan and Avi Simhon
8633: A Dynamic theory of electoral competition Downloads
Marco Battaglini
8632: Professional Network and Career Coevolution Downloads
Nicoletta Berardi and Paul Seabright
8631: Unconditional Convergence Downloads
Dani Rodrik
8630: The impact of dark trading and visible fragmentation on market quality Downloads
Frank de Jong, Hans Degryse and Vincent van Kervel
8629: The Benefits of Sequential Screening Downloads
Daniel Krähmer and Roland Strausz
8628: Services offshoring and wages: Evidence from micro data Downloads
Ingo Geishecker and Holger Görg
8627: The Disappearing Gender Gap: The Impact of Divorce, Wages, and Preferences on Education Choices and Women's Work Downloads
Raquel Fernández and Joyce Cheng Wong
8626: Inattention to Rare Events Downloads
Bartosz Maćkowiak and Mirko Wiederholt
8625: Teaching Practices and Social Capital Downloads
Yann Algan, Pierre Cahuc and Andrei Shleifer
8624: Housing and the Macroeconomy: The Role of Bailout Guarantees for Government Sponsored Enterprises Downloads
Karsten Jeske, Dirk Krueger and Kurt Mitman
8623: The Old Boy Network: Gender Differences in the Impact of Social Networks on Remuneration in Top Executive Jobs Downloads
Marie Lalanne and Paul Seabright
8622: Government Spending Cyclicality: Evidence from Rainfall Shocks as an Instrument for Cyclical Income Downloads
Markus Brückner and Mark Gradstein
8621: Diversity and Public Goods: a Natural Experiment with Exogeneous Residential Allocation Downloads
Yann Algan, Camille Hemet and David Laitin
8620: Do Giant Oilfield Discoveries Fuel Internal Armed Conflicts? Downloads
Yu-Hsiang Lei and Guy Michaels
8619: Industrial Policy and Competition Downloads
Philippe Aghion, Mathias Dewatripont, Liqun Du, Ann Harrison and Patrick Legros
8618: Regulation, Privatization, and Airport Charges: Panel Data Evidence from European Airports Downloads
Volodymyr Bilotkach, Joseph Clougherty, Juergen Mueller and Anming Zhang
8617: The Stock Market Crash of 2008 Caused the Great Recession: Theory and Evidence Downloads
Roger Farmer
8616: Trade and regional inequality Downloads
Andrés Rodríguez-Pose
8615: Intermediaries, transport costs and interlinked transactions Downloads
Mélanie Lefèvre and Joe Tharakan
8614: Global Sourcing of a Complex Good Downloads
Johannes Van Biesebroeck and Lijun Zhang
8613: Traded and nontraded goods prices, and international risk sharing: an empirical investigation Downloads
Giancarlo Corsetti, Luca Dedola and Francesca Viani
8612: 130 years of fiscal vulnerabilities and currency crashes in advanced economies Downloads
Marcel Fratzscher, Arnaud Mehl and Isabel Vansteenkiste
8611: Financial Flows, Financial Crises, and Global Imbalances Downloads
Maurice Obstfeld
8610: Fiscal Multipliers Over the Business Cycle Downloads
Pascal Michaillat
8609: More Schooling, More Children: Compulsory Schooling Reforms and Fertility in Europe Downloads
Margherita Fort, Nicole Schneeweis and Rudolf Winter-Ebmer
8608: Optimal income taxation with tax avoidance Downloads
Georges Casamatta
8607: Private Provision of Public Goods and Information Diffusion in Social Groups Downloads
Kimberley Scharf
8606: Scale Economies in Nonprofit Provision, Technology Adoption and Entry Downloads
Kimberley Scharf
8605: Multi-Trait Matching and Intergenerational Mobility: A Cinderella Story Downloads
Natalie Chen, Paola Conconi and Carlo Perroni
8604: Incorporating theoretical restrictions into forecasting by projection methods Downloads
Raffaella Giacomini and Giuseppe Ragusa
8603: Complementing Bagehot: Illiquidity and insolvency resolution Downloads
Sylvester Eijffinger and Rob Nijskens
8602: When bigger isn’t better: Bail outs and bank behaviour Downloads
Han Hao Li, Marcus Miller and Lei Zhang
8601: Political Uncertainty and Risk Premia Downloads
Lubos Pastor and Pietro Veronesi
8600: Heterogeneous Firm-Level Responses to Trade Liberalization: A Test Using Stock Price Reactions Downloads
Holger Breinlich
8599: The Democratic Transition Downloads
Fabrice Murtin and Romain Wacziarg
8598: Grossman-Hart (1986) Goes Global: Incomplete Contracts, Property Rights, and the International Organization of Production Downloads
Pol Antras
8597: The Impact of Trade Promotion Services on Canadian Exporter Performance Downloads
Shenjie Chen, Johannes Van Biesebroeck and Emily Yu
8596: Surviving the crisis: Foreign multinationals vs domestic firms in Ireland Downloads
Olivier Godart, Holger Görg and Aoife Hanley
8595: Weak Governments and Trade Agreements Downloads
Jean-Louis Arcand, Marcelo Olarreaga and Laura Zoratto
8594: Pro-poor trade policy in Sub-Saharan Africa Downloads
Alessandro Nicita, Marcelo Olarreaga and Guido Porto
8593: Interstate Risk Sharing in Germany:1970-2006 Downloads
Ralf Hepp and Juergen von Hagen
8592: Who Shrunk China? Puzzles in the Measurement of Real GDP Downloads
Robert Feenstra, Hong Ma, J. Peter Neary and D.S. Prasada Rao
8591: Gross Capital Flows: Dynamics and Crises Downloads
Fernando Broner, Tatiana Didier, Aitor Erce and Sergio Schmukler
8590: Do Highly Educated Women Choose Smaller Families? Downloads
Moshe Hazan and Hosny Zoabi
8589: Race v. Suffrage: The Determinants of Development in Mississippi Downloads
Graziella Bertocchi and Arcangelo Dimico
8588: New Business Start-ups and the Business Cycle Downloads
Melvyn Coles and Ali Moghaddasi Kelishomi
8587: Delegated Activism and Disclosure Downloads
Amil Dasgupta and Konstantinos Zachariadis
8586: Human Development in Africa: A Long-run Perspective Downloads
Leandro Prados de la Escosura
8585: Sinking, Swimming, or Learning to Swim in Medicare Part D Downloads
Jonathan D. Ketcham, Claudio Lucarelli, Eugenio Miravete and M Christopher Roebuck
8584: Nested logit or random coefficients logit? A comparison of alternative discrete choice models of product differentiation Downloads
Laura Grigolon and Frank Verboven
8583: Why are firms that export cleaner? International trade and CO2 emissions Downloads
Rikard Forslid, Toshihiro Okubo and Karen Helene Ulltveit-Moe
8582: Explaining the Black/White Employment Gap: The Role of Weak Ties Downloads
Yves Zenou
8581: The Price Effects of Cash Versus In-Kind Transfers Downloads
Jesse Cunha, Giacomo De Giorgi and Seema Jayachandran
8580: Costly Contracts and Consumer Credit Downloads
Igor Livshits, James (Jim) MacGee and Michele Tertilt
8579: Industries at the World Technology Frontier: Measuring R&D Efficiency in a Non-Parametric DEA Framework Downloads
Jens Schmidt-Ehmcke and Petra Zloczysti
8578: The delegated Lucas tree Downloads
Ron Kaniel and Péter Kondor
8577: How Effective Is Monetary Transmission in Developing Countries? A Survey of the Empirical Evidence Downloads
Prachi Mishra, Peter Montiel and Antonio Spilimbergo
8576: Financial-Friction Macroeconomics with Highly Leveraged Financial Institutions Downloads
Sheung Kan Luk and David Vines
8575: Income inequality, decentralisation and regional development in Western Europe Downloads
Andy J Pike, Andrés Rodríguez-Pose, John Tomaney, Gianpiero Torrisi and Vassilis Tselios
8574: Medium Term Business Cycles in Developing Countries Downloads
Diego Comin, Norman Loayza, Farooq Pasha and Luis Servén
8573: Trading and Enforcing Patent Rights Downloads
Alberto Galasso, Mark Schankerman and Carlos Serrano
8572: Spatial frictions Downloads
Kristian Behrens, Giordano Mion, Yasusada Murata and Jens Südekum
8571: Nudging with information: a randomized field experiment on reminders and feedback Downloads
Giacomo Calzolari and Mattia Nardotto
8570: Tax havens or safe havens Downloads
Patrice Pieretti, Jacques Thisse and Skerdilajda Zanaj
8569: Learning From Stock Prices and Economic Growth Downloads
Joel Peress
8568: Returns to Education across Europe Downloads
Daniela Glocker and Viktor Steiner
8567: The Financial Crisis and the Geography of Wealth Transfers Downloads
Pierre-Olivier Gourinchas, Helene Rey and Kai Alexander Truempler
8566: Who Benefits from Regional Trade Agreements? The View from the Stock Market Downloads
Christoph Moser and Andrew Rose
8565: Optimal Monetary Policy with Endogenous Entry and Product Variety Downloads
Florin Bilbiie, Ippei Fujiwara and Fabio Ghironi
8564: Endogenous Entry, Product Variety, and Business Cycles Downloads
Florin Bilbiie, Fabio Ghironi and Marc Melitz
8563: Estimating Income Elasticity of Government Expenditures: Evidence from Oil Price Shocks Downloads
Markus Brückner, Alberto Chong and Mark Gradstein
8562: A Model of the Consumption Response to Fiscal Stimulus Payments Downloads
Greg Kaplan and Giovanni Violante
8561: Policymakers' Horizon and Trade Reforms: The Protectionist Effect of Elections Downloads
Paola Conconi, Giovanni Facchini and Maurizio Zanardi
8560: Monetary Policy and TIPS Yields before the Crisis Downloads
Stefan Gerlach and Laura Moretti
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