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CEPR Discussion Papers
from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 53--56 Great Sutton Street, London EC1V 0DG. Series data maintained by ().
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4099: Technology Transfer and Spillovers in International Joint Ventures
Thomas Müller and Monika Schnitzer
4098: Understanding the Recovery Rates on Defaulted Securities
Viral V. Acharya , Sreedhar T Bharath and Anand Srinivasan
4097: Taxation and Venture Capital-Backed Entrepreneurship
Christian Keuschnigg and Soren Bo Nielsen
4096: The Demand for Coordination
Wouter Dessein and Jesus Santos
4095: On Footloose Industries, Asymmetric Information and Wage Bargaining
Nancy H. Chau and Ravi Kanbur
4094: On-the-Job Search in a Matching Model with Heterogeneous Jobs and Workers
Juan J. Dolado , Marcel Jansen and Juan F Jimeno
4093: Does the Separation of Regulatory Powers Reduce the Threat of Capture? Evidence from the US Maritime Bureaucracy
Pedro Luis Marín Uribe and Richard Sicotte
4092: Late Informed Betting and the Favourite-Longshot Bias
Marco Ottaviani and Peter Norman Sørensen
4091: Does Anonymity Matter in Electronic Limit Order Markets?
Thierry Foucault , Sophie Moinas and Erik Theissen
4090: The Impact of R&D Subsidies on the Introduction of New Products by Incumbent Firms
Ralph Bernd Siebert
4089: Credible Vertical Preemption
Ralph Bernd Siebert
4088: Measuring Heterogeneity in the Returns to Education in Norway Using Educational Reforms
Arild Aakvik , Kjell G Salvanes and Kjell Vaage
4087: What Caused the Early Millennium Slowdown? Evidence Based on Vector Autoregressions
Gert Peersman
4086: Media Capture and Wealth Concentration
Giacomo Corneo
4085: Knowledge Diffusion, Supplier's Technological Effort and Technology Transfer via Vertical Relationships
Ai Ting Goh
4084: Does Binding of Feedback Influence Myopic Loss Aversion? An Experimental Analysis
Thomas Langer and Martin Weber
4083: Poole in the New Keynesian Model
Fabrice Collard and Harris Dellas
4082: The Case for Inflation Stability
Fabrice Collard and Harris Dellas
4081: An Experimental Study of Storable Votes
Alessandra Casella , Andrew Gelman and Thomas R Palfrey
4080: Auctions with Private Entry Costs
Todd R. Kaplan and Aner Sela
4079: Unionization Structures and Innovation Incentives
Justus Haucap and Christian Wey
4078: Location of R&D and High-Tech Production by Vertically-Integrated Multinationals
Karolina Ekholm and Katariina Nilsson Hakkala
4077: Market Access for Sale: Latin America's Lobbying for US Tariff Preferences
Hiau Looi Kee , Marcelo Olarreaga and Peri Agostinho da Silva
4076: The Informational Role of the Business Cycle
Harris Dellas
4075: Incentive Contracts and Elections for Politicians with Multi-Task Problems
Hans Gersbach and Verena Liessem
4074: The Impact of Length of the School Year on Student Performance and Earnings: Evidence from the German Short School Years
Jorn-Steffen Pischke
4073: A Quantitative Exploration of the Opportunistic Approach to Disinflation
Yunus Aksoy , Athanasios Orphanides , David Small , Volker Wieland and David W. Wilcox
4072: Optimal Information Management: Organizations versus Markets
Micael Castanheira and Mikko Leppämäki
4071: EU Conciliation Committee: Council 56 versus Parliament 6
Stefan Napel and Mika Tapani Widgrén
4070: Microeconomic Sources of Equity Risk
Michael R. Wickens
4069: Competitive Non-Linear Pricing in Duopoly Equilibrium: The Early US Cellular Telephone Industry
Eugenio J Miravete and Röller, Lars-Hendrik
4068: Is There Evidence of Pessimism and Doubt in Subjective Distributions? A Comment on Abel
Paolo Giordani and Paul Söderlind
4067: C-CAPM and the Cross-Section of Sharpe Ratios
Paul Söderlind
4066: Who Integrates?
Stefan Bühler and Armin Schmutzler (Stefan Buehler )
4065: Inter-regional and International Trade: Seventy Years After Ohlin
Kristian Behrens , Carl Gaigne , Gianmarco I.P. Ottaviano and Jacques Thisse
4064: Fertility and Financial Incentives in France
Guy Laroque and Bernard Salanié
4063: Welfare Implications of User Innovation
Joachim Henkel and Eric von Hippel
4062: Microfoundations of Urban Agglomeration Economies
Gilles Duranton and Diego Puga
4061: Immigration and Inter-Regional Mobility in the UK, 1982-2000
Timothy James Hatton and Massimiliano Tani
4060: International Good Market Segmentation and Financial Market Structure
Suleyman Basak and Benjamin Croitoru
4059: Kleptocracy and Divide-and-Rule: A Model of Personal Rule
Daron Acemoglu , James A Robinson and Thierry A. Verdier
4058: Efficiency Wages and Unemployment in Cities: The Case of High Relocation Costs
Yves Zenou
4057: Corruption and Openness
Zvika Neeman , M. Daniele Paserman and Avi Simhon
4056: Ownership and Control in Joint Ventures: Theory and Evidence
Robert Hauswald and Ulrich Hege
4055: On the Causes of Overlending: Are Guarantees on Deposits the Culprit?
Mariassunta Giannetti
4054: An Economic Model of Child Custody
Marco Francesconi and Abhinay Muthoo
4053: Taxing Risky Investment
Michael P. Devereux
4052: Immigrating to Opportunity: Estimating the Effect of School Quality Using a Natural Experiment on Ethiopians in Israel
Eric D. Gould , Victor Chaim Lavy and M. Daniele Paserman
4051: Takeovers and the Dynamics of Information Flows
Gilles Chemla
4050: Mixed Signals in Defending the Exchange Rate: What do the Data Say?
Allan Drazen and Stefan Hubrich
4049: Where Does the Political Budget Cycle Really Come From?
Adi Brender and Allan Drazen
4048: Communication Externalities in Cities
Sylvie Charlot, and Gilles Duranton
4047: Durable Goods with Quality Differentiation
Roman Inderst
4046: The Labour Market Effects of Payroll Taxes in a Middle-Income Country: Evidence from Colombia
Adriana D. Kugler and Maurice Kugler
4045: The Changing Distribution of Male and Female Wages, 1978-2000: Can the Simple Skills Story be Rejected?
Amanda Gosling
4044: Democratic Public Good Provision
John Hassler , Kjetil Storesletten and Fabrizio Zilibotti
4043: Structural Reforms and the Macroeconomy: The Role of General Equilibrium Effects
Hans Gersbach
4041: Distance and FDI When Contracts are Incomplete
Gianmarco I.P. Ottaviano and Alessandro Turrini
4040: National versus International Mergers in Unionised Oligopoly
Kjell Erik Lommerud , Lars Sørgard and Odd Rune Straume
4039: Inside-Outside Money Competition
Ramon Marimon , Juan Pablo Nicolini and Pedro Teles
4038: Relative Performance Evaluation Contracts and Asset Market Equilibrium
Sandeep Kapur and Allan Timmermann
4037: Properties of Optimal Forecasts
Andrew Patton and Allan Timmermann
4036: Responsive Pricing
Pascal Courty and Mario Pagliero
4035: Dynamic Yardstick Regulation
Faure-Grimaud, Antoine and Sönje Kerrin Reiche
4034: Trading Volume with Career Concerns
Amil Dasgupta and Andrea Prat
4033: Panel Index VAR Models: Specification, Estimation, Testing and Leading Indicators
Fabio Canova and Matteo Ciccarelli
4032: Trade Liberalization and Developing Countries Under the Doha Round
Joseph Francois , Hans van Meijl and Frank van Tongeren
4031: Job Protection Laws and Agency Problems Under Asymmetric Information
Patrick W. Schmitz
4030: Why Do Emerging Economies Borrow in Foreign Currency?
Olivier Jeanne
4029: Urban Labour Economic Theory
Yves Zenou
4028: The Spatial Aspects of Crime
Yves Zenou
4027: Financial Integration: A New Methodology and an Illustration
Robert P. Flood and Andrew Rose
4026: Competition and Quality: Evidence from the NHS Internal Market 1991-9
Simon Burgess , Denise Gossage and Carol Propper
4025: Uncertainty and Company Investment Dynamics: Empirical Evidence for UK Firms
Nicholas Bloom , Stephen Roy Bond and John van Reenen
4024: Institutional Subversion: Evidence from Russian Regions
Irina Slinko , Evgeny Yakovlev and Ekaterina Zhuravskaya
4023: Trade Reforms and Wage Inequality in Colombia
Orazio Attanasio , Pinelopi Goldberg and Nina Pavcnik
4022: Real-Time Hierarchical Resource Allocation with Quadratic Costs
Timothy Van Zandt
4021: Heterogeneity in R&D Cooperation Strategies
Rene Belderbos , Martin Anthony Carree , Bert Diederen , Boris Lokshin and Veugelers Reinhilde
4020: Mark-Up Fluctuations and Fiscal Policy Stabilization in a Monetary Union
Roel Maria Wilhelmus Jozef Beetsma and Henrik Jensen
4019: Explaining Trends in UK Immigration
Timothy James Hatton
4018: Heckscher-Ohlin Theory and Individual Attitudes Towards Globalization
Kevin H. O'Rourke
4017: Investor Protection and Equity-Holdings: An Explanation of Two Puzzles?
Mariassunta Giannetti and Yrjö Koskinen
4016: The Optimal Capital Structure of an Economy
Hans Gersbach
4015: The Effects of Competition and Equal Treatment Laws on the Gender Wage Differential
Doris Weichselbaumer and Rudolf Winter-Ebmer
4014: The Transmission Mechanism in a Changing World
Michael John Artis , Ana Beatriz Galvão and Massimiliano Marcellino
4012: Monetary Policy Rules in an Interdependent World
Robert Kollmann
4011: Employment, Family Union and Childbearing Decisions in Great Britain
Arnstein Aassve , Simon Burgess , Matt Dickson and Carol Propper
4010: Incentives in the Public Sector: Some Preliminary Evidence from a UK Government Agency
Simon Burgess , Carol Propper , Marisa Ratto and Emma Tominey
4009: Auctions with Weakly Assymmetric Interdependent Values
Gadi Fibich , Arieh Gavious and Aner Sela
4008: The Macroeconomics of Delegated Management
Jean-Pierre Danthine and John B Donaldson
4007: Government Gains from Self-Restraint: A Bargaining Theory of Inefficient Redistribution Policies
Allan Drazen and Nuno M. Limão
4006: Dynamic Optimal Taxation with Private Information
Stefania Albanesi and Christopher Sleet
4005: Precautionary Saving and Consumption Smoothing Across Time and Possibilities
Miles Spencer Kimball and Philippe Weil
4004: Foreign Aid Designed to Diminish Terrorist Atrocities can Increase Them
Michael Mandler and Michael Spagat
4003: Unilingual versus Bilingual Education System: A Political Economy Analysis
Javier Ortega and Thomas Tangeraas
4002: Stock Prices and IPO Waves
Lubos Pastor and Pietro Veronesi
4001: Two Naked Emperors? Concerns about the Stability and Growth Pact and Second Thoughts About Central Bank Independence
Willem Hendrik Buiter
3999: The Spatial Distribution of Economic Activities in the EU
Pierre-Philippe Combes and Henry G. Overman
3998: Cross-Border Acquisitions and Greenfield Entry: Profitability and Stock Market Value
Pehr-Johan Norbäck and Lars Persson
3997: Model Uncertainty, Thick Modelling and the Predictability of Stock Returns
Marco Aiolfi and Carlo Favero