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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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8282: Public Procurement and Rent-Seeking: The Case of Paraguay Downloads
Emmanuelle Auriol, Thomas Flochel and Stephane Straub
8281: Creative Destruction and Productive Preemption Downloads
Pehr-Johan Norbäck, Lars Persson and Roger Svensson
8280: Market Structure, Countervailing Power and Price Discrimination: The Case of Airports Downloads
Jonathan Haskel, Alberto Iozzi and Tommaso Valletti
8279: Intertemporal movie distribution: Versioning when customers can buy both versions Downloads
Joan Calzada and Tommaso Valletti
8278: The marginal value of cash, cash flow sensitivities, and bank-finance shocks in nonlisted firms Downloads
Charlotte Ostergaard, Amir Sasson and Bent Sorensen
8277: Ownership and Control in a Competitive Industry Downloads
Heiko Karle, Tobias Klein and Konrad Stahl
8276: Do we need big banks? Evidence on performance, strategy and market discipline Downloads
Asli Demirguc-Kunt and Harry Huizinga
8275: Pegs and Pain Downloads
Stephanie Schmitt-Grohé and Martín Uribe
8274: No News in Business Cycles Downloads
Mario Forni, Luca Gambetti and Luca Sala
8273: Bayesian VARs: Specification Choices and Forecast Accuracy Downloads
Andrea Carriero, Todd Clark and Massimiliano Marcellino
8272: Scale economies can offset the benefits of competition: Evidence from a school consolidation reform in a universal voucher system Downloads
Monique De Haan, Edwin Leuven and Hessel Oosterbeek
8271: A Pigovian Approach to Liquidity Regulation Downloads
Enrico Perotti and Javier Suarez
8270: Endogenous debt crises Downloads
Daniel Cohen and Sébastien Villemot
8269: 40 years of sovereign debt crises Downloads
Daniel Cohen and Cécile Valadier
8268: Variance risk, financial intermediation, and the cross-section of expected option returns Downloads
Norman Schürhoff and Alexandre Ziegler
8267: When local interaction does not suffice: Sources of firm innovation in urban Norway Downloads
Rune Fitjar and Andrés Rodríguez-Pose
8266: Why Stare Decisis? Downloads
Luca Anderlini, Leonardo Felli and Alessandro Riboni
8265: Competition and Trust: Evidence from German Car Manufacturers Downloads
Leonardo Felli, Johannes Koenen and Konrad Stahl
8264: Currency and Financial Crises of the 1990s and 2000s Downloads
Assaf Razin and Steven Rosefielde
8263: Myopic or Farsighted? An Experiment on Network Formation Downloads
Georg Kirchsteiger, Marco Mantovani, Ana Mauleon and Vincent Vannetelbosch
8262: On the Strategic Disclosure of Feasible Options in Bargaining Downloads
Geoffroy de Clippel and Kfir Eliaz
8261: Fertility and the Plough Downloads
Alberto F Alesina, Paola Giuliano and Nathan Nunn
8260: Social Networks and Interactions in Cities Downloads
Robert Helsley and Yves Zenou
8259: Individual Investor Trading and Return Patterns around Earnings Announcements Downloads
Ron Kaniel, Shuming Liu, Gideon Saar and Sheridan Titman
8258: Does Quality Time Produce Quality Children? Evidence on the Intergenerational Transmission of Human Capital using Parental Deaths Downloads
Eric Gould and Avi Simhon
8257: Sorting and the output loss due to search frictions Downloads
Pieter Gautier and C. N. Teulings
8256: Export growth and factor market competition: theory and evidence Downloads
Julian Emami Namini, Giovanni Facchini and Ricardo López
8255: Tiered Housing Allocation: an Experimental Analysis Downloads
Juan D Carrillo and Saurabh Singhal
8254: Structural Development Accounting Downloads
Gino Gancia, Andreas Müller and Fabrizio Zilibotti
8253: Conditional versus Unconditional Trade Concessions for Developing Countries Downloads
Paola Conconi and Carlo Perroni
8252: The Effects of Tax Shocks on Output: Not So Large, But Not Small Either Downloads
Roberto Perotti
8250: A New Index of Currency Mismatch and Systemic Risk Downloads
Romain Ranciere, Aaron Tornell and Athanasios Vamvakidis
8249: The Demographic Transition: Causes and Consequences Downloads
Oded Galor
8248: Financial Black-Holes: The Interaction of Financial Regulation and Bailout Guarantees Downloads
Romain Ranciere and Aaron Tornell
8247: Which Institutions Encourage Entrepreneurs to Create Larger Firms? Downloads
Saul Estrin, Julia Korosteleva and Tomasz Mickiewicz
8246: The Political Economy of Mass Media Downloads
Andrea Prat and David Strömberg
8245: The rhetoric of closed borders: quotas, lax enforcement and illegal migration Downloads
Giovanni Facchini and Cecilia Testa
8244: Spatial versus Social Mismatch: The Strength of Weak Ties Downloads
Yves Zenou
8243: On the Political Economy of Urban Growth: Homeownership versus Affordability Downloads
Francois Ortalo-Magne and Andrea Prat
8242: Small Scale Reservation Laws and the Misallocation of Talent Downloads
Manuel Garcia-Santana and Josep Pijoan-Mas
8241: Repeated moral hazard and contracts with memory: A laboratory experiment Downloads
Petra Nieken and Patrick Schmitz
8240: The Network Structure of International Trade Downloads
Thomas Chaney
8239: Targeted transfers and the fiscal response to the great recession Downloads
Hyunseung Oh and Ricardo Reis
8238: Flat Tax Reforms: Investment Expensing and Progressivity Downloads
Javier Díaz-Giménez and Josep Pijoan-Mas
8237: The Joint Behavior of Hiring and Investment Downloads
Eran Yashiv
8236: Trade induced technical change? The impact of Chinese imports on innovation, IT and productivity Downloads
Nicholas Bloom, Mirko Draca and John van Reenen
8235: What Do CEOs Do? Downloads
Oriana Bandiera, Luigi Guiso, Andrea Prat and Raffaella Sadun
8234: Markov-switching MIDAS models Downloads
Pierre Guérin and Massimiliano Marcellino
8233: Estimating the Aggregate Consumption Euler Equation with State-Dependent Parameters Downloads
Haroon Mumtaz and Paolo Surico
8232: Understanding Booms and Busts in Housing Markets Downloads
Craig Burnside, Martin Eichenbaum and Sergio Rebelo
8231: Low-Wage Countries' Competition, Reallocation Across Firms and the Quality Content of Exports Downloads
Julien Martin and Isabelle Mejean
8230: Managers' Mobility, Trade Status, and Wages Downloads
Giordano Mion and Luca David Opromolla
8229: Efficient and Inefficient Welfare States Downloads
Yann Algan, Pierre Cahuc and Marc Sangnier
8228: Why do some people want to legalize cannabis use? Downloads
Michael Grossman, Jan C van Ours and Jenny Williams
8227: The Euro and Corporate Financing Downloads
Arturo Bris, Yrjö Koskinen and Mattias Nilsson
8226: Adverse Selection, Credit, and Efficiency: the Case of the Missing Market Downloads
Alberto Martin
8225: Beyond GDP and Back: What is the Value-added by Additional Components of Welfare Measurement? Downloads
Sonja Kassenboehmer and Christoph Schmidt
8224: Carry Trades, Monetary Policy and Speculative Dynamics Downloads
Guillaume Plantin and Hyun Song Shin
8223: Dynamic Aspects of Teenage Friendships and Educational Attainment Downloads
Eleonora Patacchini, Edoardo Rainone and Yves Zenou
8222: Trade Credit and International Return Comovement Downloads
Rui Albuquerque, Tarun Ramadorai and Sumudu Watugala
8221: M-form hierarchy with poorly-diversified divisions: a case of Khrushchev’s reform in Soviet Russia Downloads
Andrei Markevich and Ekaterina Zhuravskaya
8220: Investment in Financial Literacy and Saving Decisions Downloads
Tullio Jappelli and Mario Padula
8219: Sale Rates and Price Movements in Art Auctions Downloads
Orley Ashenfelter and Kathryn Graddy
8218: International Macro-Finance Downloads
Anna Pavlova and Roberto Rigobon
8217: The Detaxation of Overtime Hours: Lessons from the French Experiment Downloads
Pierre Cahuc and Stéphane Carcillo
8216: Informational Rents, Macroeconomic Rents, and Efficient Bailouts Downloads
Thomas Philippon and Philipp Schnabl
8215: Growth and the Optimal Carbon Tax: When to Switch from Exhaustible Resources to Renewables? Downloads
Frederick (Rick) van der Ploeg and Cees Withagen
8214: Is Short-time Work a Good Method to Keep Unemployment Down? Downloads
Pierre Cahuc and Stéphane Carcillo
8213: An Expert Stakeholder’s View on European Integration Challenges Downloads
Amelie Constant, Martin Kahanec and Klaus Zimmermann
8212: Ethnic Identity and Labor-Market Outcomes of Immigrants in Europe Downloads
Alberto Bisin, Eleonora Patacchini, Thierry Verdier and Yves Zenou
8211: Can the economic impact of political decentralisation be measured? Downloads
Roberto Ezcurra and Andrés Rodríguez-Pose
8210: Changing Developing Country Trade Policies and WTO Engagement Downloads
Bernard Hoekman
8209: Testing for Sufficient Information in Structural VARs Downloads
Mario Forni and Luca Gambetti
8208: Reservation Wages of First and Second Generation Migrants Downloads
Amelie Constant, Annabelle Krause, Ulf Rinne and Klaus Zimmermann
8207: Economic Preferences and Attitudes of the Unemployed: Are Natives and Second Generation Migrants Alike? Downloads
Amelie Constant, Annabelle Krause, Ulf Rinne and Klaus Zimmermann
8206: Inefficiencies in technology transfer: theory and empirics Downloads
Marie-Laure Allain, Emeric Henry and Margaret Kyle
8205: Understanding the size and profitability of firms: The role of a biological factor Downloads
Luigi Guiso and Aldo Rustichini
8204: What drives women out of entrepreneurship? The joint role of testosterone and culture Downloads
Luigi Guiso and Aldo Rustichini
8203: Death by Market Power: Reform, Competition and Patient Outcomes in the National Health Service Downloads
Martin Gaynor, Rodrigo Moreno-Serra and Carol Propper
8202: Do Migrants Improve Governance at Home? Evidence from a Voting Experiment Downloads
Catia Batista and Pedro Vicente
8201: Credit Risk and Disaster Risk Downloads
Francois Gourio
8200: Equilibrium selection in a fundamental model of money Downloads
Luis Araujo and Bernardo Guimaraes
8199: Monetary Policy, Leverage, and Bank Risk-taking Downloads
Giovanni DellAriccia, Luc Laeven and Robert Marquez
8198: Optimal portfolio allocation for corporate pension funds Downloads
David McCarthy and David Miles
8197: Repayment incentives and the distribution of gains from group lending Downloads
Jean-Marie Baland, Rohini Somanathan and Zaki Wahhaj
8196: Selective immigration policies, migrants' education and welfare at origin Downloads
Simone Bertoli and Herbert Brücker
8195: Contracts as Threats: on a Rationale For Rewarding A while Hoping For B Downloads
Elisabetta Iossa and Giancarlo Spagnolo
8194: Forecast Rationality Tests Based on Multi-Horizon Bounds Downloads
Andrew Patton and Allan Timmermann
8193: Unconventional Fiscal Policy at the Zero Bound Downloads
Isabel Correia, Emmanuel Farhi, Juan Pablo Nicolini and Pedro Teles
8192: Monetary Policy in the Media Downloads
Helge Berger, Michael Ehrmann and Marcel Fratzscher
8191: Trade and Labor Market Outcomes Downloads
Elhanan Helpman, Oleg Itskhoki and Stephen Redding
8190: Who Should Pay for Certification? Downloads
Konrad Stahl and Roland Strausz
8189: Does Fiscal Policy Matter? Blinder and Solow Revisited Downloads
Roger Farmer and Dmitry Plotnikov
8188: Import competition from and outsourcing to China: a curse or blessing for firms? Downloads
Giordano Mion and Linke Zhu
8187: Welfare regimes and the incentives to work and get educated Downloads
Andrés Rodríguez-Pose and Vassilis Tselios
8186: Multi-Product Firms at Home and Away: Cost- versus Quality-based Competence Downloads
Carsten Eckel, Leonardo Iacovone, Beata Javorcik and J. Peter Neary
8185: Criminal Networks: Who is the Key Player? Downloads
Lung-Fei Lee, Xiaodong Liu, Eleonora Patacchini and Yves Zenou
8184: Communal Responsibility and the Coexistence of Money and Credit Under Anonymous Matching Downloads
Lars Boerner and Albrecht Ritschl
8183: Sequential All-Pay Auctions with Head Starts Downloads
Ella Segev and Aner Sela
8182: Citizenship and Employment – comparing two cool countries Downloads
Pieter Bevelander and Ravi Pendakur
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