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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. Series data maintained by ().
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7201: What’s News in Business Cycles
Stephanie Schmitt-Grohé and Martín Uribe
7200: Migration in an enlarged EU: A challenging solution?
Martin Kahanec and Klaus F. Zimmermann
7199: Are Stocks Really Less Volatile in the Long Run?
Lubos Pastor and Robert F. Stambaugh
7198: Gender Differences in Risk Behaviour: Does Nurture Matter?
Alison Lee Booth and Patrick J. Nolen
7197: Pooling versus model selection for nowcasting with many predictors: An application to German GDP
Vladimir Kuzin , Massimiliano Marcellino and Christian Schumacher
7196: International Labor Standards and the Political Economy of Child Labor Regulation
Matthias Doepke and Fabrizio Zilibotti
7195: Innovation and Institutional Ownership
Philippe Aghion , John Michael van Reenen and Luigi Zingales
7194: Democracy and Reforms
Paola Giuliano , Prachi Mishra and Antonio Spilimbergo
7193: Groupthink: Collective Delusions in Organizations and Markets
Roland J. Benabou
7192: Product Complexity, Quality of Institutions and the Pro-Trade Effect of Immigrants
Anthony Briant , Pierre-Philippe Combes and Miren LAFOURCADE
7191: The productivity advantages of large cities: Distinguishing agglomeration from firm selection
Pierre-Philippe Combes , Gilles Duranton , Laurent Gobillon , Diego Puga and Sébastien Roux
7190: Commodity Price Volatility and World Market Integration since 1700
David S. Jacks , Kevin H. O Rourke and Jeffrey G Williamson
7189: Commodity Market Disintegration in the Interwar Period
William M. Hynes , David S. Jacks and Kevin H. O Rourke
7188: Risky Arbitrage Strategies: Optimal Portfolio Choice and Economic Implications
Jun Liu and Allan Timmermann
7187: Functional Differentiation
Susanna Sällström
7186: Multiple-Bank Lending, Creditor Rights and Information Sharing
Alberto Bennardo , Marco Pagano and Salvatore Piccolo
7185: The Skill Composition of Migration and the Generosity of the Welfare State
Alon Cohen , Assaf Razin and Efraim Sadka
7184: The Deep Pocket Effect of Internal Capital Markets
Xavier Boutin , Giacinta Cestone , Chiara Fumagalli , Giovanni Pica and Nicolas Andre Benigno Serrano-Velarde
7183: Some Issues in Modeling and Forecasting Inflation in South Africa
Janine Aron and John Muellbauer
7182: International Taxation and Takeover Premiums in Cross-border M&As
Harry P. Huizinga , Johannes Voget and Wolf Wagner
7181: Terror and the Costs of Crime
Eric D. Gould and Guy Stecklov
7180: Testing Asymmetric-Information Asset Pricing Models
Bryan Kelly and Alexander Ljungqvist
7179: Internal Reporting Systems, Compensation Contracts and Bank Regulation
Gyöngyi Lóránth and Alan Morrison
7178: Competitive IPOs
Tim Jenkinson and Howard Jones
7177: Elasticity Optimism
Jean M. Imbs and Isabelle Jeanne Méjean
7176: On the Statistical Identification of DSGE Models
Agostino Consolo , Carlo Favero and Alessia Paccagnini
7175: Global Production and Trade in the Knowledge Economy
Wolfgang Keller and Stephen Ross Yeaple
7174: Labour Pooling As a Source of Agglomeration: An Empirical Investigation
Henry G. Overman and Diego Puga
7173: Large Employers Are More Cyclically Sensitive
Giuseppe Moscarini and Fabien Postel-Vinay
7172: Population, Pensions and Endogenous Economic Growth
Burkhard Heer and Andreas Irmen
7171: Labor Laws and Innovation
Viral V. Acharya , Ramin Baghai-Wadji and Krishnamurthy Venkata Subramanian
7170: Bank Activity and Funding Strategies: The Impact on Risk and Return
Asli Demirguc-Kunt and Harry P. Huizinga
7169: Monetary Geography Before the Industrial Revolution
Marc Flandreau , Christophe Galimard , Clemens Jobst and Pilar Nogués Marco
7168: Disclosure by Politicians
Simeon Djankov , Rafael La Porta , Florencio Lopez-de-Silanes and Andrei Shleifer
7167: Exchange Rates and Wages in an Integrated World
Prachi Mishra and Antonio Spilimbergo
7166: Unemployment, Market Work and Household Production
Michael Christopher Burda and Daniel Hamermesh
7165: Financial Signalling by Innovative Nascent Entrepreneurs
David B. Audretsch , Werner Bönte and Prashanth Mahagaonkar
7164: A Theory of Systemic Risk and Design of Prudential Bank Regulation
Viral V. Acharya
7163: Government Transfers and Political Support
Marco Manacorda , Edward Andrew Miguel and Andrea Vigorito
7162: Marriage and Other Risky Assets: A Portfolio Approach
Graziella Bertocchi , Marianna Brunetti and Costanza Torricelli
7161: Estimating the Effect of a Gasoline Tax on Carbon Emissions
Lucas W. Davis and Lutz Kilian
7160: Global Distortions to Agricultural Markets: New Indicators of Trade and Welfare Impacts, 1955 to 2007
Kym Anderson , Johanna L. Croser and Peter J Lloyd
7159: Are Your Firm's Taxes Set in Warsaw? Spatial Tax Competition in Europe
Karen Crabbé and Hylke Vandenbussche
7158: An Innovation Index Based on Knowledge Capital Investment: Definition and Results for the UK Market Sector
Tony Clayton , Mariela Dal Borgo and Jonathan E. Haskel
7157: The Econometrics of DSGE Models
Jesus Fernandez-Villaverde
7156: The Margins of US Trade (Long Version)
Andrew B. Bernard , J. Bradford Jensen , Stephen James Redding and Peter K. Schott
7155: Internal Reporting Systems, Compensation Contracts, and Bank Regulation
Gyongyi Loranth and Alan Morrison
7154: Economic growth and the design of search engines
Gilles Saint-Paul
7153: An empirical analysis of cellular demand in South Africa
Farid GASMI , Marc Ivaldi and Laura Recuero Virto
7152: The UK Intranational Trade Cycle
Michael John Artis and Toshihiro Okubo
7151: Democracy and Reforms
Mohammad Amin and Simeon Djankov
7150: US Volatility Cycles of Output and Inflation, 1919-2004: A Money and Banking Approach to a Puzzle
Szilard Benk , Max Gillman and Michal Kejak
7149: Growing like China
Zheng Michael Song , Kjetil Storesletten and Fabrizio Zilibotti
7148: Private Equity vs. PLC Boards: A Comparison of Practices and Effectiveness - Summary of Research Findings
Viral V. Acharya , Conor Kehoe and Michael Reyner
7147: A Theory of Slow-Moving Capital and Contagion
Viral V. Acharya , Hyun Song Shin and Tanju Yorulmazer
7146: Anthropometry of Love: Height and Gender Asymmetries in Interethnic Marriages
Michèle Belot and Jan Fidrmuc
7145: The Margins of Multinational Production and the Role of Intra-firm trade
Alfonso Irarrazabal , Andreas Moxnes and Luca David Opromolla
7144: Is the WTO's Article XXIV Bad?
Monika Mrazova , David Vines and Benjamin C. Zissimos
7143: Price Discrimination in the Concert Industry
Pascal Courty and Mario Pagliero
7142: Economic incongruities in the European patent system
Malwina Mejer and Bruno van Pottelsberghe de la Potterie
7141: What is the Top Priority on Climate Change?
Paul Klemperer
7140: Regulation and UK Retailing Productivity: Evidence from Micro Data
Jonathan E. Haskel and Raffaella Sadun
7139: Variable Selection and Inference for Multi-period Forecasting Problems
M Hashem Pesaran , Andreas Pick and Allan Timmermann
7138: Incomplete-Market Equilibria Solved Recursively on an Event Tree
Bernard J Dumas and Andrew Lyasoff
7137: Policy Choice: Theory and Evidence from Commitment via International Trade Agreements
Nuno M. Limão and Patricia Tovar
7136: The Impact of the Droit de Suite in the UK: An Empirical Analysis
Chanont Banternghansa and Kathryn Graddy
7135: Contrasting Trends in Firm Volatility: Theory and Evidence
David Thesmar and Mathias Thoenig
7134: What Drives US Foreign Borrowing? Evidence on External Adjustment to Transitory and Permanent Shocks
Giancarlo Corsetti and Panagiotis T Konstantinou
7133: Finding Missing Markets (and a disturbing epilogue): Evidence from an Export Crop Adoption and Marketing Intervention in Kenya
Nava Ashraf , Xavier Gine and Dean S. Karlan
7132: Financial Constraints in China: Firm-Level Evidence
Sandra Poncet , Walter Steingress and Hylke Vandenbussche
7131: Banking Crises: An Equal Opportunity Menace
Carmen M. Reinhart and Kenneth S Rogoff
7130: Fiscal Policy for the Crisis
Olivier Blanchard , Carlo Cottarelli , Antonio Spilimbergo and Steven Symansky
7129: Comparing the Early Research Performance of PhD Graduates in Labour Economics in Europe and the USA
Ana Rute Cardoso , Paulo Guimaraes and Klaus F. Zimmermann
7128: Deep Habits and the Dynamic Effects of Monetary Policy Shocks
Morten Overgaard Ravn , Stephanie Schmitt-Grohé , Martín Uribe and Lenno Uusküla
7127: Learning in Financial Markets
Lubos Pastor and Pietro Veronesi
7126: Economic Geography: a Review of the Theoretical and Empirical Literature
Stephen James Redding
7125: Cash Holdings and Credit Risk
Viral V. Acharya , Sergei A. Davydenko and Ilya A. Strebulaev
7124: Business Cycles in the Euro Area
Domenico Giannone , Michele Lenza and Lucrezia Reichlin
7123: Exposure to External Country Specific Shocks and Income Volatility
Marion Jansen , Carolina Lennon and Roberta Piermartini
7122: Rollover Risk and Market Freezes
Viral V. Acharya , Douglas Gale and Tanju Yorulmazer
7121: Curbing Cream-Skimming: Evidence on Enrolment Incentives
Pascal Courty , Do Han Kim and Gerald Roger Marschke
7120: The Impact of Price Discrimination on Revenue: Evidence from the Concert Industry
Pascal Courty and Mario Pagliero
7119: The Quality-Complementarity Hypothesis: Theory and Evidence from Colombia
Maurice Kugler and Eric Verhoogen
7118: Bonus Payments and Fund Managers’ Behaviour: Trans-Atlantic Evidence
Thomas P. Gehrig , Torben Lütje and Lukas Menkhoff
7117: Financial Globalization and Economic Policies
Ayhan Kose , Eswar Prasad , Kenneth S Rogoff and Shang-Jin Wei
7116: How Much Does Immigration Boost Innovation?
Marjolaine Gauthier-Loiselle and Jennifer Hunt
7115: To Be Financed or Not… - The Role of Patents for Venture Capital Financing
Carolin Haeussler , Dietmar Harhoff and Elisabeth Mueller
7114: Social Connections and Incentives in the Workplace: Evidence from Personnel Data
Oriana Bandiera , Iwan Barankay and Imran Rasul
7113: Geographic and Technological R&D Spillovers within the Triad: Micro Evidence from US Patents
Luigi Aldieri and Michele Cincera
7112: A test of narrow framing and its origin
Luigi Guiso
7111: An Anatomy of International Trade: Evidence from French Firms
Jonathan Eaton , Samuel Kortum and Francis Kramarz
7110: The Future of Securities Regulation
Luigi Zingales
7109: Non-comparative versus Comparative Advertising as a Quality Signal
Winand Emons and Claude Fluet
7108: The Political Economy of the (Weak) Enforcement of Sales Tax
Martin Besfamille , Philippe De Donder and Jean-Marie Lozachmeur
7107: Unintended Consequences of Welfare Reform: The Case of Divorced Parents
Marco Francesconi , Helmut Rainer and Wilbert H van der Klaauw
7106: Funded Pensions and Intergenerational and International Risk Sharing in General Equilibrium
Roel Maria Wilhelmus Jozef Beetsma , A Lans Bovenberg and Ward E. Romp
7105: Securitization, Transparency and Liquidity
Marco Pagano and Paolo Volpin
7104: Corporate Fraud, Governance and Auditing
Giovanni Immordino and Marco Pagano
7103: International Trade Integration: A Disaggregated Approach
Natalie A. Chen and Dennis Novy
7102: Public Support to Clusters: A Firm Level Study of French “Local Productive Systems”
Philippe Martin , Thierry Mayer and Florian Mayneris