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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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5484: What's So Special About China's Exports?
Dani Rodrik
5483: The Social Cost of Foreign Exchange Reserves
Dani Rodrik
5482: Entry and Regulation - Evidence from Health Care Professions
Catherine Schaumans and Frank Verboven
5481: Patents, Imitation and Licensing in an Asymmetric Dynamic R&D Race
Chaim Fershtman and Sarit Markovich
5480: Antitrust in Open Economies
Joseph Francis Francois and Henrik Horn
5479: Long-Term Public Debt and the Fiscal Theory of the Price Level
Gaetano Bloise and Pietro Reichlin
5478: The European Commission - Appointment, Preferences and Institutional Relations
Stefan Napel and Mika Tapani Widgrén
5477: Rags in the High Rent District: The Evolution of Quota Rents in Textiles and Clothing
Joseph Francis Francois and Julia Wörz
5476: Happiness and the Human Development Index: Australia is NOT a Paradox
Andrew Keith Leigh and Justin Wolfers
5475: Service Offshoring, Productivity and Employment: Evidence from the US
Mary Amiti and Shang-Jin Wei
5474: Individual vs. Parental Consent in Marriage: Implications for Intra-Household Resource Allocation and Growth
Lena Edlund and Nils-Petter Lagerlof
5473: Purchasing Power Parity and Heterogenous Mean Reversion
Kees Koedijk , Ben Tims and Mathijs A. van Dijk
5472: Children Reading Fiction Books Because They Want To
Jan C van Ours
5471: Market and Public Provision in the Presence of Human Capital Externalities
Gianni De Fraja
5470: Central Bank Independence, Accountability and Transparency: Complements or Strategic Substitutes?
Andrew J Hughes Hallett and Jan Libich
5469: The Circulation of Ideas: Firms Versus Markets
Thomas Hellmann and Enrico Perotti
5468: A Market Microstructure Analysis of Foreign Exchange Intervention
Paolo Vitale
5467: Monetary Policy and the Evolution of the US Economy
Fabio Canova
5466: Macroeconomic Derivatives: An Initial Analysis of Market-Based Macro Forecasts, Uncertainty and Risk
Refet S. Gürkaynak and Justin Wolfers
5465: Optimal Fines in the Era of Whistleblowers
Paolo Buccirossi and Giancarlo Spagnolo
5464: Five-Equation Macroeconomics: A Simple View of the Interactions Between Fiscal Policy and Monetary Policy
Tatiana Kirsanova , Sven Jari Stehn and David Vines
5463: Has Monetary Policy Become More Effective?
Jean Boivin and Marc P. Giannoni
5462: Estimating the Intertemporal Risk-Return Tradeoff Using the Implied Cost of Capital
Lubos Pastor , Meenakshi Sinha and Bhaskaran Swaminathan
5461: The Role of Advertising in Commercial Banking
Evren Örs
5460: Sudden Deaths: Taking Stock of Political Connections
Mara Faccio and David Parsley
5459: Search and Matching in Macroeconomics
Eran Yashiv
5458: The Swing Voter's Curse in the Laboratory
Marco Battaglini , Rebecca Morton and Thomas R Palfrey
5457: Structural Changes in the US Economy: Bad Luck or Bad Policy?
Fabio Canova and Luca Gambetti
5456: Minimum Wages and Firm Profitability
Mirko Draca , Stephen Machin and John Michael van Reenen
5455: Performance Related Pay and Labour Productivity
Anne Christina Gielen , Marcel J M Kerkhofs and Jan C van Ours
5454: Technological Progress and Regress in Pre-Industrial Times
Shekhar Aiyar , Carl-Johan Dalgaard and Omer Moav
5453: Birth Order Matters: The Effect of Family Size and Birth Order on Educational Attainment
Alison Lee Booth and Hiau Joo Kee
5452: Protection for Sale Made Easy
Richard Baldwin and Frédéric Robert-Nicoud
5451: Global Risk, Investment and Emotions
R.A.J Bosman and Frans A.A.M. van Winden
5450: National Treatment in the GATT
Henrik Horn
5449: The Organization of the Innovation Industry: Entrepreneurs, Venture Capitalists and Oligopolists
Pehr-Johan Norbäck and Lars Persson
5448: Strong and Weak Ties in Employment and Crime
Antoni Calvó-Armengol , Thierry A. Verdier and Yves Zenou
5447: A New International Division of Labour in Europe: Outsourcing and Offshoring to Eastern Europe
Dalia Marin
5446: Remedying Education: Evidence from Two Randomized Experiments in India
Abhijit Banerjee , Shawn Cole , Esther Duflo and Leigh L. Linden
5445: Price Setting Behaviour: Micro Evidence on Slovakia
Fabrizio Coricelli and Roman Horvath
5444: What You Export Matters
Ricardo Hausmann , Jason Hwang and Dani Rodrik
5443: A Dual Policy Paradox: Why Have Trade and Immigration Policies Always Differed in Labour-Scarce Economies?
Timothy James Hatton and Jeffrey Gale Williamson
5442: Leniency Policies and Illegal Transactions
Paolo Buccirossi and Giancarlo Spagnolo
5441: Clientelism and Aid
Georges Casamatta and Charles Vellutini
5440: Trends in Hours and Economic Growth
L. Rachel Ngai and Christopher A Pissarides
5439: Does Immigration Affect the Long-Term Educational Outcomes of Natives? Quasi-Experimental Evidence
Eric D. Gould , Victor Chaim Lavy and M. Daniele Paserman
5438: Hours of Work and Gender Identity: Does Part-Time Work Make the Family Happier?
Alison Lee Booth and Jan C van Ours
5437: Mixing Media with Two-Part Tariffs
Steffen H. Hoernig and Tommaso Valletti
5436: How Licensing Resolves Hold-Up: Evidence from a Dynamic Panel Data Model with Unobserved Heterogeneity
Ralph Bernd Siebert and Georg von Graevenitz
5435: Parametric Properties of Semi-Nonparametric Distributions, With Applications to Option Valuation
Ángel León , Javier Mencía and Enrique Sentana
5434: A Mechanism-Design Approach to Speculative Trade
Kfir Eliaz and Ran Spiegler
5433: Speculative Contracts
Kfir Eliaz and Ran Spiegler
5432: The Ownership of Ratings
Antoine Faure-Grimaud , Eloïc Peyrache and Lucía Quesada
5431: Labour and Product Market Reforms in the Economy with Distortionary Taxation
Nikola Bokan and Andrew J Hughes Hallett
5430: Stuck on Gold: Real Exchange Rate Volatility and the Rise and Fall of the Gold Standard, 1870-1939
Natasha Chernyshoff , David S. Jacks and Alan M. Taylor
5429: Machines as Engines of Growth
Joseph Zeira
5428: Technological Revolutions and Stock Prices
Lubos Pastor and Pietro Veronesi
5427: Admission to Selective Schools, Alphabetically
Stepan Jurajda and Daniel MÜNICH
5426: Monitoring Works: Getting Teachers to Come to School
Esther Duflo and Rema Hanna
5425: Distribution Risk and Equity Returns
Jean-Pierre Danthine , John B Donaldson and Paolo Siconolfi
5424: Optimal Inflation Stabilization in a Medium-Scale Macroeonomic Model
Stephanie Schmitt-Grohé and Martín Uribe
5423: Does Bilateralism Promote Trade? Nineteenth Century Liberalization Revisited
Olivier Accominotti and Marc Flandreau
5422: Innovation, Machine Replacement and Productivity
Omar Licandro , María Reyes Maroto Illera and Luis A. Puch
5421: Do Men and Women Economists Choose the Same Research Fields?: Evidence From Top 50 Departments
Miguel Almunia , Juan J. Dolado and Florentino Felgueroso
5420: Demand-Based Option Pricing
Nicolae Bogdan Garleanu , Lasse Heje Pedersen and Allen M Poteshman
5419: Where did the Productivity Growth Go? Inflation Dynamics and the Distribution of Income
Ian Louis Dew-Becker and Robert J. Gordon
5418: Did Vasco da Gama Matter for European Markets? Testing Frederick Lane's Hypotheses Fifty Years Later
O'Rourke, Kevin H. and Jeffrey Gale Williamson
5417: Information Gathering, Transaction Costs and the Property Rights Approach
Patrick W. Schmitz
5416: The Unsustainable US Current Account Position Revisited
Maurice Obstfeld and Kenneth S Rogoff
5415: Top Research Productivity and its Persistence
Stijn Kelchtermans and Reinhilde Veugelers
5414: The Short-Run Dynamics of Optimal Growth Models with Delays
Fabrice Collard , Omar Licandro and Luis A. Puch
5413: What Caused the Decline in U. S. Business Cycle Volatility?
Robert J. Gordon
5412: The 1920s and the 1990s in Mutual Reflection
Robert J. Gordon
5411: Hot and Cold Housing Markets: International Evidence
Jose A. Ceron and Javier Suarez
5410: Consumer Lending When Lenders are More Sophisticated Than Households
Roman Inderst
5409: Growth and Entrepreneurship: An Empirical Assessment
Zoltan J. Acs , David B. Audretsch , Pontus Brodde Braunerhjelm and Bo Carlsson
5408: Modeling the Offshoring of White-Collar Services: From Comparative Advantage to the New Theories of Trade and FDI
James R. Markusen
5407: C-CAPM Without Ex Post Data
Paul Söderlind
5406: The Elusive Costs and the Immaterial Gains of Fiscal Constraints
Fabio Canova and Evi Paraskevi Pappa
5405: The 'Sense and Nonsense of Maastricht' Revisited: What Have We Learnt About Stabilization In EMU?
Willem Hendrik Buiter
5404: The Effects of Exogenous Oil Supply Shocks on Output and Inflation: Evidence from the G7 Countries
Lutz Kilian
5403: Rebalancing Growth in China: A Three-Handed Approach
Olivier Blanchard and Francesco Giavazzi
5402: The Todaro Paradox Revisited
Yves Zenou
5401: Re-election Incentives and the Sustainability of International Cooperation
Paola Conconi and Nicolas Sahuguet
5400: Discretionary Policy, Multiple Equilibria, and Monetary Instruments
Andreas Schabert
5399: What Sectors Make the Poor Countries So Unproductive?
Berthold Herrendorf and Akos Valentinyi
5398: 'Home Biases', 19th Century Style
Marc Flandreau
5397: The Logic of Compromise: Monetary bargaining in Austria-Hungary 1867-1913
Marc Flandreau
5396: Competition for Railway Markets: The Case of Baden-Württemberg
Rafael Lalive and Armin Schmutzler
5395: Time-Varying Pass-Through from Import Prices to Consumer Prices: Evidence from an Event Study with Real-Time Data
Marlene Amstad and Andreas M Fischer
5394: A cost-of-living dynamic price index, with an application to indexing retirement accounts
Ricardo Reis
5393: Inattentive Producers
Ricardo Reis
5392: How Costly is it for Poor Farmers to Lift Themselves out of Subsistence?
Olivier Cadot , Laure Dutoit and Marcelo Olarreaga
5391: Externalities, Communication and the Allocation of Decision Rights
Helmut Bester
5390: Crime and Police Resources: The Street Crime Initiative
Stephen Machin and Olivier Marie
5389: Crime, Location and the Housing Market
Yves Zenou
5388: Policy Volatility, Institutions and Economic Growth
Antonio Fatas and Ilian Mihov
5387: How the Eurosystem’s Treatment of Collateral in its Open Market Operations Weakens Fiscal Discipline in the Eurozone (and what to do about it)
Willem Hendrik Buiter and Anne Sibert
5386: Hypermarket Competition and the Diffusion of Retail Checkout Barcode Scanning
Jonathan Beck , Michal Grajek and Christian Wey
5385: Competitive Markets with Endogenous Health Risks
Alberto Bennardo and Salvatore Piccolo