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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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8433: Legal Institutions, Innovation and Growth Downloads
Luca Anderlini, Leonardo Felli, Giovanni Immordino and Alessandro Riboni
8432: Inference for VARs Identified with Sign Restrictions Downloads
Eleonora Granziera, Mihye Lee, Hyungsik Roger Moon and Frank Schorfheide
8431: Schooling and Youth Mortality: Learning from a Mass Military Exemption Downloads
Piero Cipollone and Alfonso Rosolia
8430: How Wages and Employment Adjust to Trade Liberalization: Quasi-Experimental Evidence from Austria Downloads
Marius Brülhart, Celine Carrere and Federico Trionfetti
8429: A Second Look at the Pesticides Initiative Program: Evidence from Senegal Downloads
Olivier Cadot and Mélise Jaud
8427: Development Effects of Electrification: Evidence from the Geologic Placement of Hydropower Plants in Brazil* Downloads
Tania Barham, Molly Lipscomb and Ahmed Mobarak
8426: A Large-Market Rational Expectations Equilibrium Model Downloads
Xavier Vives
8425: The Tax Benefit of Income Smoothing Downloads
Kristian Rydqvist, Steven Schwartz and Joshua Spizman
8424: Corporate taxes and the location of intellectual property Downloads
Rachel Griffith, Helen Miller and O'Connell, Martin
8423: Enhancing the Efficiency of Water Supply – Product Market Competition versus Trade Downloads
Reto Foellmi and Urs Meister
8422: Poultry in Motion: A Study of International Trade Finance Practices Downloads
Pol Antras and C. Fritz Foley
8421: The Political Cost of Reforms Downloads
Alessandra Bonfiglioli and Gino Gancia
8420: Energy Demand and Trade in General Equilibrium: An Eaton-Kortum-type Structural Model and Counterfactual Analysis Downloads
Peter Egger and Sergey Nigai
8419: Inference on Impulse Response Functions in Structural VAR Models Downloads
Atsushi Inoue and Lutz Kilian
8418: On the origins of gender roles: women and the plough Downloads
Alberto F Alesina, Paola Giuliano and Nathan Nunn
8417: Evaluation of the Risks of Collective Dominance in the Audit Industry in France Downloads
Olivier Billard, Marc Ivaldi and Sebastien Mitraille
8416: Travel Demand Model with Heterogeneous Users and Endogenous Congestion: An application to optimal pricing of bus services Downloads
Marco Batarce and Marc Ivaldi
8415: Water Nationalization: network access, water quality, and health outcomes Downloads
Fernando Borraz, Nicolás González and Marcelo Olarreaga
8414: Real-Time Forecasts of the Real Price of Oil Downloads
Christiane Baumeister and Lutz Kilian
8413: From First-Release to Ex-Post Fiscal Data: Exploring the Sources of Revision Errors in the EU Downloads
Roel Beetsma, Benjamin Bluhm, Massimo Giuliodori and Peter Wierts
8412: Field Experiments with Firms Downloads
Oriana Bandiera, Iwan Barankay and Imran Rasul
8411: Inherited vs Self-Made Wealth: Theory & Evidence from a Rentier Society (Paris 1872-1937) Downloads
Thomas Piketty, Gilles Postel-Vinay and Jean Laurent Rosenthal
8410: Skill-Biased Technological Change and the Business Cycle Downloads
Almut Balleer and Thijs van Rens
8409: Money and Happiness: Evidence from the Industry Wage Structure Downloads
Jorn-Steffen Pischke
8408: Resource Allocation in the Brain Downloads
Ricardo Alonso, Isabelle Brocas and Juan D Carrillo
8407: Is there a trade-off between inflation and output stabilization? Downloads
Alejandro Justiniano, Giorgio Primiceri and Andrea Tambalotti
8406: Inequality, Development, and the Stability of Democracy -Lipset and Three Critical Junctures in German History Downloads
Florian Jung and Uwe Sunde
8405: Optimal Contracts with Enforcement Risk Downloads
Nicola Gennaioli
8404: Financial Protectionism: the First Tests Downloads
Andrew Rose and Tomasz Wieladek
8403: Privately versus Publicly Optimal Skin in the Game: Optimal Mechanism and Security Design Downloads
Gilles Chemla and Christopher Hennessy
8402: Dynamic Hedging in Incomplete Markets: A Simple Solution Downloads
Suleyman Basak and Georgy Chabakauri
8401: Unemployment in an Estimated New Keynesian Model Downloads
Jordi Gali, Frank Smets and Raf Wouters
8400: International Capital Flows and Aggregate Output Downloads
Juergen von Hagen and Haiping Zhang
8399: Asymmetric Broadband Wholesale Regulation Downloads
Steffen Hoernig
8398: Interest Rates and Credit Risk Downloads
Carlos González-Aguado and Javier Suarez
8397: Legal Investor Protection and Takeovers Downloads
Mike Burkart, Denis Gromb, Holger M Mueller and Fausto Panunzi
8396: How Do Business and Financial Cycles Interact? Downloads
Stijn Claessens, Ayhan Kose and Marco Terrones
8395: Trading Fees and Efficiency in Limit Order Markets Downloads
Jean-Edouard Colliard and Thierry Foucault
8393: Baby Booming Inequality? Demographic Change and Earnings Inequality in Norway, 1967-2000 Downloads
Ingvild Almås, Tarjei Havnes and Magne Mogstad
8392: Venture Capital, Patenting, and Usefulness of Innovations Downloads
Simona Fabrizi, Steffen Lippert, Pehr-Johan Norbäck and Lars Persson
8391: Inequality, Tax Avoidance, and Financial Instability Downloads
Augustin Landier and Guillaume Plantin
8390: Hyperbolic Discounting and Positive Optimal Inflation Downloads
Liam Graham and Dennis J. Snower
8389: Canada: No Place Like Home for Antidumping Downloads
Rodney Ludema and Anna Maria Mayda
8388: Forecasting the Price of Oil Downloads
Ron Alquist, Lutz Kilian and Robert Vigfusson
8387: Stock Prices and Monetary Policy Shocks: A General Equilibrium Approach Downloads
Edouard Challe and Chryssi Giannitsarou
8386: Credit Conditions and the Real Economy: The Elephant in the Room Downloads
John Muellbauer and David Williams
8385: Law and Economy in Traditional China: A "Legal Origin" Perspective on the Great Divergence Downloads
Debin Ma
8384: British Relative Economic Decline Revisited Downloads
Nicholas Crafts
8383: Sequential Contests with Synergy and Budget Constraints Downloads
Reut Megidish and Aner Sela
8382: Trade Liberalization and the Wage Skill Premium: Evidence from Indonesia Downloads
Mary Amiti and Lisa Cameron
8381: Household Leverage and the Recession Downloads
Virgiliu Midrigan and Thomas Philippon
8380: Formation and Persistence of Oppositional Identities Downloads
Alberto Bisin, Eleonora Patacchini, Thierry Verdier and Yves Zenou
8379: Financial Cycles: What? How? When? Downloads
Stijn Claessens, Ayhan Kose and Marco Terrones
8378: Relational contracts when the agent's productivity inside the relationship is correlated with outside opportunities Downloads
Alexander Wagner
8377: Evolution and the Growth Process: Natural Selection of Entrepreneurial Traits Downloads
Oded Galor and Stelios Michalopoulos
8376: China's Latent Human Capital Investment: Achieving Milestones and Competing for the Top Downloads
Amelie Constant, Jingzhou Meng, Bienvenue Tien and Klaus Zimmermann
8375: Investing in schooling in Chile: The role of information about financial aid for higher education Downloads
Taryn Dinkelman and Claudia Martínez A.
8374: Smiling is a Costly Signal of Cooperation Opportunities: Experimental Evidence from a Trust Game Downloads
Samuele Centorrino, Elodie Djemai, Astrid Hopfensitz, Manfred Milinski and Paul Seabright
8373: Recessions are bad for workplace safety Downloads
Jan Boone, Jan C van Ours, Jean-Philippe Wuellrich and Josef Zweimüller
8372: Organizational Economics with Cognitive Costs Downloads
Luis Garicano and Andrea Prat
8371: Investments in Pharmaceuticals Before and After TRIPS Downloads
Margaret Kyle and Anita M McGahan
8370: The Welfare Effects of Bundling in Multichannel Television Markets Downloads
Gregory Crawford and Ali Yurukoglu
8369: The Rise and Fall of Spain (1270-1850) Downloads
Carlos Álvarez-Nogal and Leandro Prados de la Escosura
8368: Do Local Elections in Non-Democracies Increase Accountability? Evidence from Rural China Downloads
Monica Martinez-Bravo, Gerard Padró Miquel, Nancy Qian and Yang Yao
8367: Market Size and Pharmaceutical Innovation Downloads
Olivier de Mouzon, Pierre Dubois, Fiona Scott Morton and Paul Seabright
8366: Investments as Signals of Outside Options Downloads
Susanne Goldlücke and Patrick Schmitz
8365: Persecution Perpetuated: The Medieval Origins of Anti-Semitic Violence in Nazi Germany Downloads
Nico Voigtländer and Hans-Joachim Voth
8364: Business cycle measurement with some theory Downloads
Fabio Canova and Matthias Paustian
8363: A Test of Racial Bias in Capital Sentencing Downloads
Alberto F Alesina and Eliana La Ferrara
8362: Where It All Began: Lending of Last Resort and the Bank of England during the Overend, Gurney Panic of 1866 Downloads
Marc Flandreau and Stefano Ugolini
8361: Shifting Credit Standards and the Boom and Bust in US House Prices Downloads
John Duca, John Muellbauer and Anthony Murphy
8360: House Prices and Credit Constraints: Making Sense of the US Experience Downloads
John Duca, John Muellbauer and Anthony Murphy
8359: Debt Portfolios Downloads
Thomas Hintermaier and Winfried Koeniger
8358: Sovereign Default Risk and Bank Fragility in Financially Integrated Economies Downloads
Patrick Bolton and Olivier Jeanne
8357: On the importance of sectoral and regional shocks for price-setting Downloads
Günter Beck, Kirstin Hubrich and Massimiliano Marcellino
8356: Decentralization, Happiness, and the Perception of Institutions Downloads
Luis Diaz-Serrano and Andrés Rodríguez-Pose
8355: The International Risk-Sharing Puzzle is at Business Cycle and Lower Frequency Downloads
Giancarlo Corsetti, Luca Dedola and Francesca Viani
8354: Hidden consequences of a first-born boy for mothers Downloads
Andrea Ichino, Elly-Ann Lindström and Eliana Viviano
8353: Entry and Competition in Differentiated Products Markets Downloads
Catherine Schaumans and Frank Verboven
8352: War Signals: A Theory of Trade, Trust and Conflict Downloads
Dominic Rohner, Mathias Thoenig and Fabrizio Zilibotti
8351: How Prediction Markets Can Save Event Studies Downloads
Erik Snowberg, Justin Wolfers and Eric Zitzewitz
8350: Learning from Prices, Liquidity Spillovers, and Market Segmentation Downloads
Giovanni Cespa and Thierry Foucault
8349: Market Size, Competition, and the Product Mix of Exporters Downloads
Thierry Mayer, Marc Melitz and Gianmarco Ottaviano
8348: Macroeconomic Effects of Unconventional Monetary Policy in the Euro Area Downloads
Gert Peersman
8347: Business Cycle Synchronization Since 1880 Downloads
Michael J Artis, George Chouliarakis and Pkg Harischandra
8346: ECB Repo Rate Setting During the Financial Crisis Downloads
Stefan Gerlach
8345: Are capital intensive firms the biggest exporters? Downloads
Rikard Forslid and Toshihiro Okubo
8344: The Effect of Agglomeration Size on Local Taxes Downloads
Eva Luthi and Kurt Schmidheiny
8343: Carry Trade and Momentum in Currency Markets Downloads
Craig Burnside, Martin Eichenbaum and Sergio Rebelo
8342: Joint estimates of automatic and discretionary fiscal policy: the OECD 1981-2003 Downloads
Julia Darby and Jacques Melitz
8341: The Changing International Transmission of Financial Shocks: Evidence from a Classical Time-Varying FAVAR Downloads
Sandra Eickmeier, Wolfgang Lemke and Massimiliano Marcellino
8340: Learning as a Rational Foundation for Macroeconomics and Finance Downloads
George Evans and Seppo Honkapohja
8339: Does Parental Education Affect Fertility? Evidence from Pre-Demographic Transition Prussia Downloads
Sascha Becker, Francesco Cinnirella and Ludger Woessmann
8338: Patent Office Governance and Patent System Quality Downloads
Pierre Picard and Bruno van Pottelsberghe de la Potterie
8337: The Flight Home Effect: Evidence from the Syndicated Loan Market During Financial Crises Downloads
Mariassunta Giannetti and Luc Laeven
8336: Security Design: Signaling versus Speculative Markets Downloads
Gilles Chemla and Christopher Hennessy
8335: Industrial Catching Up in the Poor Periphery 1870-1975 Downloads
Jeffrey G Williamson
8334: The role of intuition and reasoning in driving aversion to risk and ambiguity Downloads
Jeffrey Butler, Luigi Guiso and Tullio Jappelli
8333: Optimal Bank Capital Downloads
Gilberto Marcheggiano, David Miles and Jing Yang
8332: Systemic Risk and Network Formation in the Interbank Market Downloads
Ethan Cohen-Cole, Eleonora Patacchini and Yves Zenou
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