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CEPR Discussion Papers
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3223: The Cost of Heterogeneity in a Monetary Union
Andrew J Hughes Hallett and Diana N. Weymark 3222: The Perception of Foreigners and Jews in Germany - A Structural Analysis of a Large Opinion Survey
Michael Fertig and Christoph M. Schmidt 3221: The Use of Flow Analysis in Foreign Exchange: Explanatory Analysis
Thomas P. Gehrig and Lukas Menkhoff 3220: Self-Validating Optimum Currency Areas
Giancarlo Corsetti and Paolo A. Pesenti 3219: An African Success Story: Botswana
Daron Acemoglu , Simon Johnson and James Alan Robinson 3218: What Drives the Speed of Job Reallocation During Episodes of Massive Adjustment?
Stepan Jurajda and Katherine Terrell 3217: Perceived Income, Promotion and Incentives Effects
Gil S. Epstein and Melanie Ward-Warmedinger 3216: Information and the Optimal Ownership Structure of Firms
Niko Matouschek 3215: How (Not) to Run Auctions: The European 3G Telecom Auctions
Paul Klemperer 3214: The Biggest Auction Ever: The Sale of the British 3G Telecom Licences
Kenneth Binmore and Paul Klemperer 3213: Technology and Economic Performance in the American Economy
Robert J. Gordon 3212: Markups, Gaps and the Welfare Costs of Business Fluctuations
Jordi Gali , Mark L. Gertler and David Lopez-Salido 3211: Technology Shocks and Monetary Policy: Assessing the Fed's Performance
Jordi Gali , David Lopez-Salido and Javier Vallés Liberal 3210: New Perspectives on Monetary Policy, Inflation and the Business Cycle
Jordi Gali 3209: How do Firms Redline Workers?
Yves Zenou 3208: Spatial Agglomeration Dynamics
Danny Quah 3207: Technology Dissemination and Economic Growth: Some Lessons for the New Economy
Danny Quah 3206: Are Endowments Fate?
Jeffrey B Nugent and James Alan Robinson 3205: The Political Economy of Clientelism
James Alan Robinson and Thierry A. Verdier 3204: Land Reform and the Political Organization of Agriculture
Jonathan Conning and James Alan Robinson 3203: Venture Capital Contracts and Market Structure
Roman Inderst and Holger M Mueller 3202: Wage Premia and Skill Upgrading in Italy: Why Didn't the Hound Bark?
Paolo Manasse , Luca Stanca and Alessandro Turrini 3201: Participation Behaviour of East German Women After German Unification
Holger Bonin and Rob Euwals 3200: Price Regulation, Investment and the Commitment Problem
Paul Leslie Levine and Neil Rickman 3199: Cross Country Evidence on the Returns to Education: Patterns and Explanations
Kevin John Denny , Colm P. Harmon and Reamonn Lydon 3198: Sorting and Private Education in Italy
Giuseppe Bertola and Daniele Checchi 3197: From Severance Pay to Self-Insurance: Effects of Severance Payments Savings Accounts in Colombia
Adriana Kugler 3196: Protective or Counter-Productive? European Labour Market Institutions and the Effect of Immigrants on EU Natives
Joshua D Angrist and Adriana Kugler 3195: Psychological Traits and Trading Strategies
Bruno R Biais , Denis Hilton and Sebastien Pouget 3194: How Much Should Central Banks Talk? A New Argument
Hans Peter Grüner 3193: The Determinants of Privatized Enterprise Performance in Russia
Manuela Angelucci , Alan Bevan , Saul Estrin , Julian A Fennema , Boris Kuznetsov , Giovanni Mangiarotti and Mark E Schaffer 3192: Stochastic Capital Depreciation and the Comovement of Hours and Productivity
Robert Dittmar , Michael J. Dueker and Andreas M Fischer 3191: Monetary Policy in an Open Economy: The Differential Impact on Exporting and Non-Exporting Firms
Hedva Ber , Asher A. Blass and Oved Yosha 3190: If You're so Smart, Why Aren't You Rich? Wage Inequality with Heterogenous Workers?
Alison Lee Booth and Gylfi Zoega 3189: Introductory Offers in a Model of Strategic Competition
Thomas P. Gehrig and Rune Stenbacka 3188: How Transparent are Central Banks?
Sylvester Eijffinger and Petra Maria Geraats 3187: Interpreting the Term Structure of Interbank Rates in Hong Kong
Stefan Gerlach 3186: Higher Education Levels, Firm's Outside Options and the Wage Structure
Åsa Rosén and Etienne Wasmer 3185: Psychological Foundations of Incentives
Armin Falk and Ernst Fehr 3184: Anchor, Float or Abandon Ship: Exchange Rate Regimes for Accession Countries
Willem Hendrik Buiter and Clemens Grafe 3183: Economic Reform in Europe: Integrating and Liberalizing the Market for Services
David M Newbery 3182: Anti-Competitive Financial Contracting: The Design of Financial Claims
Giacinta Cestone and Lucy White 3181: Evaluating Style Analysis
Frans de Roon , Theo Nijman and Jenke ter Horst 3180: Platform Divergence, Political Efficiency and the Median Voter Theorem
Juan D Carrillo and Micael Castanheira 3179: Low Returns in R&D Due to Lack of Entrepreneurial Skills
Claudio Michelacci 3178: Why Are Rates of Inflation So Low After large Devaluations
Ariel Tomas Burstein , Martin Eichenbaum and Sergio T Rebelo 3177: Private Benefits of Control: An International Comparison
Isaac John Alexander Dyck and Luigi Zingales 3176: Estimating Urban Road Congestion Charges
David M Newbery and Georgina SANTOS 3175: Discrimination and Nepotism: The Efficiency of the Anonymity Rule
Chaim Fershtman , Uri Gneezy and Frank Verboven 3174: Endogenous Lobbying
Leonardo Felli and Antonio Merlo 3173: Stock Market Quality in the Prescence of a Traded Option
Cyriel de Jong , Kees Koedijk and Charles Schnitzlein 3172: Increased Correlation in Bear markets: A Downside Risk Perspective
Rachel Campbell , Kees Koedijk and Paul Kofman 3171: China, GMOs and World Trade in Agricultural and Textile Products
Kym Anderson and Shunli Yao 3170: How Can South Asia and Sub-Saharan Africa Gain from the Next WTO Round
Kym Anderson and Shunli Yao 3169: Globalization of the Worlds Wine Markets
Kym Anderson , David Norman and Glyn Wittwer 3168: What Do State-Owned Firms Maximize? Evidence from the Italian Banks
Paola Sapienza 3167: Who Must Pay Bribes and How Much?
Jakob Svensson 3166: Investment Liberalization - Who Benefits from Cross Border Mergers
Pehr-Johan Norbäck and Lars Persson 3165: Outsourcing in a Global Economy
Gene Grossman and Elhanan Helpman 3164: An Empirical Investigation of Gaming Responses to Explicit Performance Incentives
Pascal Courty and Gerald Roger Marschke 3163: The Incentives for Takeover in Oligopoly
Roman Inderst and Christian Wey 3162: Innovation and Market Structure: An Empirical Evaluation of the 'Bounds Approach' in the Chemical Industry
Pedro Luis Marín Uribe and Georges Siotis 3161: Hedonic House Prices Without Characteristics: The Case of New Multiunit Housing
Olympia Bover and Pilar Velilla Lucini 3160: Dealer Pricing of Consumer Credit
Giuseppe Bertola , Stefan Hochguertel and Winfried Koeniger 3159: Fixing Swiss Potholes: The Importance of Improvements
Michael J. Dueker and Andreas M Fischer 3158: Immigration and Heterogeneous Labour in Western Germany: A Labour Market Classification Based on Nonparametric Estimation
Markus Fröhlich and Patrick A. Puhani 3157: One Reason Countries Pay Their Debts: Renegotiation and International Trade
Andrew Kenan Rose 3156: Giving Up the Swiss Franc: Some Consideration on Seigniorage Flows Under EMU
Andreas M Fischer , Thomas J. Jordan and Caeser P Lack 3155: Preferences for Redistribution in the Land of Opportunities
Alberto F Alesina and Eliana La Ferrara 3154: Business Cycles With Heterogenous Agents
Roger E. A. Farmer 3153: External Wealth, the Trade Balance and the Real Exchange Rate
Philip Lane and Gian Maria Milesi-Ferretti 3152: Multinational Investment, Industry Risk and Policy Competition
Jan . Haaland and Ian Wooton 3151: Multinational Knowledge Spillovers with Centralized versus Decentralized R&D: A Game Theoretic Approach
Francesca Sanna-Randaccio and Reinhilde Veugelers 3150: Some Evolutionary Foundations for Price Level Rigidity
Gilles Saint-Paul 3149: Self Control in Peer Groups
Marco Battaglini , Roland J. Benabou and Jean Tirole 3148: Macroeconomic Sources of FOREX Risk
Peter N Smith and Michael R. Wickens 3147: Reciprocity and the Political Economy of Harmonization and Mutual Recognition of Regulatory Measures
Akiko Suwa Eisenmann and Thierry A. Verdier 3146: Do Financial Variables Help Forecasting Inflation and Real Activity in the Euro Area?
Mario Forni , Marc Hallin , Marco Lippi and Lucrezia Reichlin 3145: An Evaluation of International Asset Pricing Models
Magnus Dahlquist and Torbjorn Sallstrom 3144: Macroeconomic Influences on Optimal Asset Allocation
Thomas Flavin and Michael R. Wickens 3143: Willpower and Personal Rules
Roland J. Benabou and Jean Tirole 3142: The Solow Productivity Paradox in Historical Perspective
Nicholas Crafts 3141: Land Distribution, Incentives and the Choice of Production Techniques in Nicaragua
Oriana Bandiera 3140: Optimal Defaults for Corporate Law Evolution
Lucian Bebchuk and Assaf Hamdani 3139: Development of Ownership Structure and its Effect on Performance: Czech Firms from Mass Privatisation
Evžen Kočenda 3138: Is the Allocation of Public Capital Across the Spanish Regions too Redistributive?
Angel de La Fuente 3137: Regional Convergence in Spain, 1965-95
Angel de La Fuente 3136: Why are a Third of People Indian and Chinese? Trade, Industrialization and Demographic Transition
Oded Galor and Andrew Mountford 3135: Does Geographical Agglomeration Foster Economic Growth? And Who Gains and Looses From It?
Masahisa Fujita and Jacques François Thisse 3134: Information Sharing, Research Co-Ordination and Membership of Research Joint Ventures
Giorgio Barba Navaretti , Patrizia Bussoli , David Ulph and Georg von Graevenitz 3133: International Technology Diffusion
Wolfgang Keller 3132: Handcuffs for the Grabbing Hand? Media Capture and Government Accountability
Timothy J. Besley and Andrea Prat 3131: Does Tax Competition Raise Voter Welfare?
Timothy J. Besley and Michael Smart 3130: Capital Redistribution and the Market Allocation of Firm-Ownership
Hans Peter Grüner and Ruediger Schils 3129: Globalization, Industrial Policy and Clusters
Rikard Forslid and Karen Helene Ulltveit-Moe 3128: Corporate Growth and FDI: Are Multinationals Stimulating Local Industrial Development?
Georgios Fotopoulos and Helen Louri 3127: Free Trade and Protection of Intellectual Property Rights: Can We Have One Without the Other?
Ai Ting Goh and Jacques Olivier 3126: On the (Non) Paradox of (Not) Voting
Micael Castanheira 3125: Commodity Market Integration 1500-2000
Ronald Findlay and O'Rourke, Kevin H. 3124: Civil War, Public Goods and the Social Wealth of Nations
Ravi Kanbur and David Pottebaum
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