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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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7001: Inflation Targeting as the New Golden Standard
Avia Spivak and Nathan Sussman
7000: Offshoring, Relocation and the Speed of Convergence in the Enlarged European Union
Kari Alho , Ville Kaitila and Mika Tapani Widgrén
6999: Seasonality and the Effect of Advertising on Price
David Genesove and Avi Simhon
6998: Can Deunionization Lead to International Outsourcing?
Kjell Erik Lommerud , Frode Meland and Odd Rune Straume
6997: Real Wage Inequality
Enrico Moretti
6996: Capital Flow Bonanzas: An Encompassing View of the Past and Present
Carmen M. Reinhart and Vincent Raymond Reinhart
6995: Modelling Economic Impacts of Alternative International Climate Policy Architectures: A Quantitative and Comparative Assessment of Architectures for Agreement
Valentina Bosetti , Carlo Carraro , Alessandra Sgobbi and Massimo Tavoni
6994: Media versus Special Interests
Alexander Dyck , David Moss and Luigi Zingales
6993: Voting on Parametric Reforms of the Pay-As-You-Go Pension System
João Luis Brasil Gondim and Georges Casamatta
6992: Monetary Policy and Inflation Modeling in a More Open Economy in South Africa
Janine Aron and John Muellbauer
6991: Do Trade Costs in Goods Market Lead to Home Bias in Equities?
Nicolas Coeurdacier
6990: Optimally Combining Censored and Uncensored Datasets
Paul J. Devereux and Gautam Tripathi
6989: International Capital Flows under Dispersed Information: Theory and Evidence
Cédric Tille and Eric van Wincoop
6988: Information Gathering and the Hold-Up Problem in a Complete Contracting Framework
Patrick W. Schmitz
6987: Democratization and Growth
Elias Papaioannou and Gregorios Siourounis
6986: Economic and Social Factors Driving the Third Wave of Democratization
Elias Papaioannou and Gregorios Siourounis
6985: Endogenous Information Flows and the Clustering of Announcements
Viral V. Acharya , Peter M. DeMarzo and Ilan Kremer
6984: Imperfect Competition in the Inter-Bank Market for Liquidity as a Rationale for Central Banking
Viral V. Acharya , Denis Gromb and Tanju Yorulmazer
6983: Negatively Correlated Bandits
Nicolas Klein and Sven Rady
6982: The International Diversification Puzzle is Not as Bad as You Think
Jonathan Heathcote and Fabrizio Perri
6981: Long Term Persistence
Luigi Guiso , Paola Sapienza and Luigi Zingales
6980: Poverty and Civil War: Revisiting the evidence
Simeon Djankov and Marta Reynal-Querol
6979: Endogenous Protection in General Equilibrium: Estimating Political Weights in the EU
Joseph Francis Francois , Douglas Russell Nelson and Annette Pelkmans-Balaoing
6978: The Spatial Selection of Heterogeneous Firms
Toshihiro Okubo , Pierre M. Picard and Jacques François Thisse
6977: Inheritance Law and Investment in Family Firms
Andrew Ellul , Marco Pagano and Fausto Panunzi
6976: Economic Implications of Deeper Asian Integration
Joseph Francis Francois and Ganeshan Wignaraja
6975: The Neglected Effects of Demand Characteristics on the Sustainability of Collusion
Andrea Gallice
6974: Corporate Governance, Product Market Competition, and Equity Prices
Xavier Giroud and Holger M Mueller
6973: Delayed Action and Uncertain Targets. How Much Will Climate Policy Cost?
Valentina Bosetti , Carlo Carraro , Alessandra Sgobbi and Massimo Tavoni
6972: Political Intergenerational Risk Sharing
D'Amato, Marcello and Vincenzo Galasso
6971: Assessing the Accuracy of the Aggregate Law of Motion in Models with Heterogeneous Agents
Wouter Den Haan
6970: Intrafamily Resource Allocations: A Dynamic Model of Birth Weight
Emilia Del Bono , John Ermisch and Marco Francesconi
6969: A Tale of Two Platforms: Dealer Intermediation in the European Sovereign Bond Market
Peter Gerard Dunne , Harald Hau and Michael John Moore
6968: A Dynamic Analysis of the Demand for Health Insurance and Health Care
Jonneke Bolhaar , Maarten Lindeboom and Bas van der Klaauw
6967: Delayed Participation of Developing Countries to Climate Agreements: Should Action in the EU and US be Postponed?
Valentina Bosetti , Carlo Carraro and Massimo Tavoni
6966: Offshoring and the Role of Trade Agreements
Pol Antras and Robert W. Staiger
6965: Organizations and Trade
Pol Antras and Esteban Rossi-Hansberg
6964: Intra- and Inter-Format Competition Among Discounters and Supermarkets
Kathleen H.H. Cleeren , Marnik G. Dekimpe , Katrijn Gielens and Frank Verboven
6963: Solving the Incomplete Markets Model with Aggregate Uncertainty using Explicit Aggregation
Wouter Den Haan and Pontus Rendahl
6962: Lobbying, Corruption and Other Banes
Nauro F. Campos and Francesco Giovannoni
6961: On Implications of Micro Price Data for Macro Models
Bartosz Maćkowiak and Frank Rafael Smets
6960: Strategic Supply Function Competition with Private Information
Xavier Vives
6959: Sovereign Wealth Funds: Their Investment Strategies and Performance
Vidhi Chhaochharia and Luc Laeven
6958: "Lending by Example": Direct and Indirect Effects of Foreign Banks in Emerging Markets
Mariassunta Giannetti and Steven Ongena
6957: Optimal Monetary Policy using a VAR
Vito Polito and Michael R. Wickens
6956: Heterogeneous Firms, the Structure of Industry, and Trade under Oligopoly
Eddy Bekkers and Joseph Francis Francois
6955: When is "Too Much" Inequality Not Enough? The Selection of Israeli Emigrants
Eric D. Gould and Omer Moav
6954: Harnessing Windfall Revenues in Developing Economies: Sovereign Wealth Funds and Optimal Tradeoffs Between Citizen Dividends, Public Infrastructure and Debt Reduction
(Rick) van der Ploeg, Frederick and Anthony J. Venables
6953: Investment Banks as Insiders and the Market for Corporate Control
Andriy Bodnaruk , Massimo Massa and Andrei Simonov
6952: Quality Competition Versus Price Competition Goods: An Empirical Classification
Richard Baldwin and Tadashi Ito
6951: The Erosion of Colonial Trade Linkages After Independence
Keith Head , Thierry Mayer and John Ries
6950: On the Nature, Modeling, and Neural Bases of Social Ties
Richard Ridderinkhof , Mirre Stallen and Frans A.A.M. van Winden
6949: The Distribution of Harm in Price-Fixing Cases
Jan Boone and Wieland Müller
6948: Globalization and the Size Distribution of Multiproduct Firms
Volker Nocke and Stephen Ross Yeaple
6947: Central Bank Misperceptions and the Role of Money in Interest Rate Rules
Guenter W. Beck and Volker Wieland
6946: Patent Thickets and the Market for Innovation: Evidence from Settlement of Patent Disputes
Alberto Galasso and Mark Schankerman
6945: Cultural Diversity and Entrepreneurship: A Regional Analysis for Germany
David B. Audretsch , Dirk Christian Dohse and Annekatrin Niebuhr
6944: Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox
Betsey Stevenson and Justin Wolfers
6943: Segregation and the Quality of Government in a Cross-Section of Countries
Alberto F Alesina and Ekaterina Zhuravskaya
6942: Is the Washington Consensus Dead? Growth, Openness, and the Great Liberalization, 1970s-2000s
Antoni Estevadeordal and Alan M. Taylor
6941: Agglomeration and Growth: Cross-Country Evidence
Marius Brülhart and Federica Sbergami
6940: Sales and Monetary Policy
Bernardo Guimaraes and Kevin Daniel Sheedy
6939: Buying Online: Sequential Decision Making by Shopbot Visitors
Uwe Dulleck , Franz Hackl , Bernhard Weiss and Rudolf Winter-Ebmer
6938: Competition and quality in regulated markets with sluggish demand
Kurt Richard Brekke , Roberto Cellini , Luigi Siciliani and Odd Rune Straume
6937: Oil Prices, Profits, and Recessions: An Inquiry Using Terrorism as an Instrumental Variable
Natalie A. Chen , Liam Graham and Andrew J. Oswald
6936: Rhineland exit?
A Lans Bovenberg and C. N. Teulings
6935: Ranking Israel's Economists
Dan Ben-David
6934: Household External Finance and Consumption
Timothy J. Besley , Neil Meads and Paolo Surico
6933: Returns to Tenure or Seniority?
Ioan Sebastian Buhai , Miguel Portela , C. N. Teulings and Aico van Vuuren
6932: Housing Bubbles
Oscar Arce and David Lopez-Salido
6931: Fiscal Conservatism in a New Democracy: 'Sophisticated' versus 'Naïve' Voters
Paulo Roberto Arvate , George Avelino Filho and Jose Tavares
6930: The Role of the Annuity's Value on the Decision (Not) to Annuitize: Evidence from a Large Policy Change
Monika Bütler , Stefan Staubli and Maria Grazia Zito
6929: Happiness Inequality in the United States
Betsey Stevenson and Justin Wolfers
6928: Dots to Boxes: Do the Size and Shape of Spatial Units Jeopardize Economic Geography Estimations?
Anthony Briant , Pierre-Philippe Combes and Miren LAFOURCADE
6927: Control Rights over Intellectual Property: Corporate Venturing and Bankruptcy Regimes
Sudipto Bhattacharya and Sergei Guriev
6926: Improved JIVE Estimators for Overidentified Linear Models with and without Heteroskedasticity
Daniel Ackerberg and Paul J. Devereux
6925: 'Essential' Patents, FRAND Royalties and Technological Standards
Mathias Dewatripont and Patrick Legros
6924: Measuring Distortions to Agricultural Incentives, Revisited
Kym Anderson , Marianne Kurzweil , Will J Martin , Damiano Sandri and Ernesto Valenzuela
6923: Competition between Exchanges: Lessons from the Battle of the Bund
Estelle Cantillon and Pai-Ling Yin
6922: Powerful Women: Does Exposure Reduce Bias?
Lori Beaman , Raghabendra Chattopadhyay , Esther Duflo , Rohini Pande and Petia Topalova
6921: Scale, Diversity and Determinants of Labour Migration in Europe
Anzelika Zaiceva and Klaus F. Zimmermann
6920: Housing Wealth isn't Wealth
Willem Hendrik Buiter
6919: Why Does Gasoline Cost so Much? A Joint Model of the Global Crude Oil Market and the U.S. Retail Gasoline Market
Lutz Kilian
6918: Inference on Vertical Contracts between Manufacturers and Retailers Allowing for Non Linear Pricing and Resale Price Maintenance
Céline Bonnet and Pierre Dubois
6917: Inducement Prizes and Innovation
Liam Brunt , Josh Lerner and Tom Nicholas
6916: Immigration and National Wages: Clarifying the Theory and the Empirics
Gianmarco .P. Ottaviano and Giovanni Peri
6915: Individual Investors and Volatility
Thierry Foucault , David Alexandre Sraer and David Thesmar
6914: Distorted Agricultural Incentives and Economic Development: Asia’s Experience
Kym Anderson
6913: Strategic Interactions between an Independent Central Bank and a Myopic Government with Government Debt
Sven Jari Stehn and David Vines
6912: Statute Law or Case Law?
Luca Anderlini , Leonardo Felli and Alessandro Riboni
6911: Multitasking, Quality and Pay for Performance
Oddvar Kaarboe and Luigi Siciliani
6910: Does Idiosyncratic Business Risk Matter?
Claudio Michelacci and Fabiano Schivardi
6909: Endogenous Borders? Exploring a Natural Experiment on Border Effects
Hans Christian Heinemeyer , Max Stephan Schulze and Nikolaus Wolf
6908: Democratic Peace and Electoral Accountability¤
Paola Conconi , Nicolas Sahuguet and Maurizio Zanardi
6907: Optimal Monetary Policy in an Operational Medium-Sized DSGE Model
Malin Adolfson , Stefan Laséen , Jesper Lindé and Lars E. O. Svensson
6906: Do the Biggest Aisles Serve a Brighter Future? Global Retail Chains and Their Implications for Romania
Yue Li and Beata Smarzynska Javorcik
6905: Household Willingness to Pay for Organic Products
Rachel Griffith and Lars Patrick Nesheim
6904: Manufacturing restructuring and the role of Real exchange rate shocks: A firm level analysis
Karolina Ekholm , Andreas Moxnes and Karen Helene Ulltveit-Moe
6903: The Composition of Government Spending and the Real Exchange Rate
Vahagn Galstyan and Philip Lane
6902: International Portfolios, Capital Accumulation and Foreign Assets Dynamics
Nicolas Coeurdacier , Robert Kollmann and Philippe Martin