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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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4597: Explaining Anglo-German Productivity Differences in Services Since 1870 Downloads
Stephen Broadberry
4596: Labour Productivity in the US and the UK During the 19th Century Downloads
Stephen Broadberry and Douglas Irwin
4595: International Trade and Macroeconomic Dynamics with Heteroegenous Firms Downloads
Fabio Ghironi and Marc Melitz
4594: Optimal Monetary Policy with Imperfect Common Knowledge Downloads
Klaus Adam
4593: Vertical versus Horizontal Tax Externalities: An Empirical Test Downloads
Marius Brülhart and Mario Jametti
4592: The Challenge of Reducing Subsidies and Trade Barriers Downloads
Kym Anderson
4591: The Role of Risk Aversion in Predicting Individual Behaviours Downloads
Luigi Guiso and Monica Paiella
4590: Bilateral Market Power and Vertical Integration in the Spanish Electricity Spot Market Downloads
Kai-Uwe Kühn and Matilde Machado
4589: Competition, Incomplete Discrimination and Versioning Downloads
Khaled Diaw and Jerome Pouyet
4588: The 3-Equation New Keynesian Model: A Graphical Exposition Downloads
Wendy Carlin and David Soskice
4587: Federal Funds Rate Prediction Downloads
Lucio Sarno, Daniel Thornton and Giorgio Valente
4586: An Empirical Study of Liquidity and Information Effects of Order Flow on Exchange Rates Downloads
Francis Breedon and Paolo Vitale
4585: Optimal Monetary Policy Under Discretion with a Zero Bound on Nominal Interest Rates Downloads
Klaus Adam and Roberto Billi
4584: Forecasting (and Explaining) US Business Cycles Downloads
John Muellbauer and Luca Nunziata
4583: Exchange Rates and Inflation Under EMU: An Update Downloads
Patrick Honohan and Philip Lane
4582: Time Consistent Public Expenditures Downloads
Paul Klein, Per Krusell and José-Víctor Ríos-Rull
4581: From Stagnation to Growth: Unified Growth Theory Downloads
Oded Galor
4580: Firm-Specific Training Downloads
Leonardo Felli and Christopher Harris
4579: Economic and Political Liberalizations Downloads
Francesco Giavazzi and Guido Tabellini
4578: Telecommunications Policies: Determinants and Impact Downloads
Jordi Gual and Francesc Trillas
4577: Does Microsoft Stifle Innovation? Dominant Firms, Imitation and R&D Incentives Downloads
Luis Cabral and Ben Polak
4576: Interregional Redistribution and Mobility in Federations: A Positive Approach Downloads
Nico Hansen and Anke Kessler
4575: Endogenous Fertility Policy Downloads
Alison Booth and Facundo Sepulveda
4574: Price Competition in a Differentiated Products Duopoly Under Network Effects Downloads
Krina Griva and Nikolaos Vettas
4573: Contracting with Diversely Naive Agents Downloads
Kfir Eliaz and Ran Spiegler
4572: The Organization of Delegated Expertise Downloads
Denis Gromb and David Martimort
4571: The Severity of the Colombian Conflict: Cross-Country Dataset versus New Micro Data Downloads
Jorge Restrepo, Michael Spagat and Juan Vargas
4570: The Colombian Conflict: Uribe's First 17 Months Downloads
Jorge Restrepo and Michael Spagat
4569: The Effects of Structural Reforms on Productivity- and Profitability-Enhancing Reallocation: Evidence from Colombia Downloads
Marcela Eslava, John Haltiwanger, Adriana Kugler and Maurice Kugler
4568: Pricing to Firm: An Analysis of Firm- and Product-Level Import Prices Downloads
László Halpern and Miklós Koren
4567: Trust and Bribery: The Role of the Quid Pro Quo and the Link With Crime Downloads
Jennifer Hunt
4566: Measuring Tax Efficiency: A Tax Optimality Index Downloads
Pascalis Raimondos and Alan Woodland
4543: The Impact of Competition on Bank Orientation and Specialization Downloads
Hans Degryse and Steven Ongena
4542: Health Care Quality and Economic Inequality Downloads
Tullio Jappelli, Luigi Pistaferri and Guglielmo Weber
4541: Sectoral Regulators and the Competition Authority: Which Relationship is Best? Downloads
Pedro Barros and Steffen Hoernig
4540: Contract Renewal and Incentives in Public Procurement Downloads
Dag Morten Dalen, Espen Moen and Christian Riis
4539: Poverty Persistence in Sweden Downloads
Jörgen Hansen and Roger Wahlberg
4538: Growth Accelerations Downloads
Ricardo Hausmann, Lant Pritchett and Dani Rodrik
4537: What Does A Technology Shock Do? A VAR Analysis with Model-based Sign Restrictions Downloads
Luca Dedola and Stefano Neri
4536: Small Sample Confidence Intervals for Multivariate Impulse Response Functions at Long Horizons Downloads
Elena Pesavento and Barbara Rossi
4535: Has the Transmission Mechanism of European Monetary Policy Changed in the Run-Up to EMU? Downloads
Matteo Ciccarelli and Alessandro Rebucci
4534: Similarities and Convergence in G7 Cycles Downloads
Fabio Canova, Matteo Ciccarelli and Eva Ortega
4533: Interpolation and Backdating with A Large Information Set Downloads
Elena Angelini, Jerome Henry and Massimiliano Marcellino
4532: Conditional versus Contingent Fees Downloads
Winand Emons
4531: Monetary Policy in an Estimated Open-Economy Model with Imperfect Pass-Through Downloads
Jesper Lindé, Marianne Nessen and Ulf Söderström
4530: A Guided Tour of the Market Microstructure Approach to Exchange Rate Determination Downloads
Paolo Vitale
4529: Price Clustering in the FX Market: A Disaggregate Analysis Using Central Bank Intervention Downloads
Andreas Fischer
4528: Deflationary Bubbles Downloads
Willem Buiter and Anne Sibert
4527: Spatial Determinants of Productivity: Analysis for the Regions of Great Britain Downloads
Patricia Rice and Anthony Venables
4526: Trade Standards and the Political Economy of Genetically Modified Food Downloads
Kym Anderson, Richard Damania and Lee Ann Jackson
4525: Exclusive Contracts, Loss to Delay and Incentives to Invest Downloads
Christian Groh and Giancarlo Spagnolo
4524: Who is the Enemy? Downloads
Gil Epstein and Ira Gang
4523: Social Networks and Labour Market Transitions Downloads
Yann Bramoullé and Gilles Saint-Paul
4522: Technology Shocks and Aggregate Fluctuations: How Well Does the RBC Model Fit Post-War US Data? Downloads
Jordi Gali and Pau Rabanal
4521: The Real Effects of the Euro: Evidence from Corporate Investments Downloads
Arturo Bris, Yrjö Koskinen and Mattias Nilsson
4520: Performance and Behaviour of Family Firms: Evidence from the French Stock Market Downloads
David Sraer and David Thesmar
4519: Lobbying on Entry Downloads
Enrico Perotti and Paolo Volpin
4518: The Term Structure of Real Rates and Expected Inflation Downloads
Andrew Ang and Geert Bekaert
4517: Can Portfolio Rebalancing Explain the Dynamics of Equity Returns, Equity Flows and Exchange Rates? Downloads
Harald Hau and Helene Rey
4516: Interest Rate Determination in the Interbank Market Downloads
Vítor Gaspar, Gabriel Pérez-Quirós and Hugo Rodriguez Mendizabal
4515: Labour Market Prospects, Search Intensity and Transition from College to Work Downloads
Peter Berkhout, Bas van der Klaauw and Aico van Vuuren
4514: A General Test of Gaming Downloads
Pascal Courty and Gerald Marschke
4513: Knowledge Disclosure, Patents and Optimal Organization of Research and Development Downloads
Sudipto Bhattacharya and Sergei Guriev
4512: Distrust - The Hidden Cost of Control Downloads
Armin Falk and Michael Kosfeld
4511: Performance Pay and Adverse Selection Downloads
Espen Moen and Åsa Rosén
4510: Purchasing Power Parity and the Euro Area Downloads
Kees Koedijk, Ben Tims and Mathijs van Dijk
4509: Defense R&D in the Anti-Terrorist Era Downloads
Manuel Trajtenberg
4508: The Economics of Special and Differential Trade Regimes Downloads
Paola Conconi and Carlo Perroni
4507: The Jukebox Mode of Innovation - A Model of Commercial Open Source Development Downloads
Joachim Henkel
4506: Managerial Incentives and Collusive Behaviour Downloads
Giancarlo Spagnolo
4505: Does Staying out of the European Integration Process Shelter the Industrial Base of Small Countries? Downloads
Rikard Forslid
4504: Learning on the Quick and Cheap: Gains from Trade Through Imported Expertise Downloads
James Markusen and Thomas Rutherford
4503: Efficiency Wages Revisited: The Internal Reference Perspective Downloads
Jean-Pierre Danthine and André Kurmann
4502: Bigger and Better: A Dynamic Regulatory Mechanism for Optimum Quality Downloads
Gianni De Fraja and Alberto Iozzi
4501: Stock and Bond Returns with Moody Investors Downloads
Geert Bekaert, Eric Engstrom and Steve Grenadier
4500: Hansa vs Habsburg: Debt, Deficits and the Entry of Accession Countries into the Euro Downloads
Andrew Hughes Hallett and John Lewis
4499: International Investment Patterns Downloads
Philip Lane and Gian Maria Milesi-Ferretti
4498: The Era of Migration: Lessons for Today Downloads
Kevin O'Rourke
4497: Symmetrical Research Joint Ventures: Cooperative Substitutes and Complements Downloads
Dermot Leahy and J. Peter Neary
4496: Oil and the Macroeconomy Since the 1970s Downloads
Robert Barsky and Lutz Kilian
4495: The Purchasing Power Parity Debate Downloads
Alan Taylor and Mark Taylor
4494: Productivity, Tradability and the Long-Run Price Puzzle Downloads
Paul Bergin, Reuven Glick and Alan Taylor
4493: Preference Formation and the Rise of Women's Labour Force Participation: Evidence from WWII Downloads
Raquel Fernández, Alessandra Fogli and Claudia Olivetti
4492: Measuring Market Integration: Foreign Exchange Arbitrage and the Gold Standard 1874-1913 Downloads
Eugene Canjels, Gauri Prakash-Canjels and Alan Taylor
4491: Managed Trade, Trade Liberalization and Local Pollution Downloads
Alberto Gallegos and Pierre Regibeau
4490: GM Food Crop Technology: Implications For Sub-Saharan Africa Downloads
Kym Anderson and Lee Ann Jackson
4489: How Elections Matter: Theory and Evidence from Environmental Policy Downloads
John List and Daniel Sturm
4488: Banking Deregulation and Industry Structure: Evidence from the French Banking Reforms of 1985 Downloads
Marianne Bertrand, Antoinette Schoar and David Thesmar
4487: Macroeconomic Effects of Nominal Exchange Rate Regimes: New Insights into the Role of Price Dynamics Downloads
Robert Kollmann
4486: A Prism into the PPP Puzzles: The Micro-Foundations of Big Mac Real Exchange Rates Downloads
David Parsley and Shang-Jin Wei
4485: Was There A Nasdaq Bubble in the Late 1990s? Downloads
Lubos Pastor and Pietro Veronesi
4484: First and Second Prizes in Imperfectly Discriminating Contests Downloads
Stefan Szymanski and Tommaso Valletti
4483: Innovation Complimentarity and Scale of Production Downloads
Eugenio Miravete and Jose C Pernías
4482: Business Cycles in Emerging Economies: The Role of Interest Rates Downloads
Pablo Neumeyer and Fabrizio Perri
4481: Benefits and Spillovers of Greater Competition in Europe: A Macroeconomic Assessment Downloads
Tamim Bayoumi, Douglas Laxton and Paolo Pesenti
4480: Group Decision-Making in the Shadow of Disagreement Downloads
Kfir Eliaz, Debraj Ray and Ronny Razin
4479: The Dynamics of R&D and Innovation in the Short-Run and in the Long-Run Downloads
Laura Bottazzi and Giovanni Peri
4478: Unmarried Parenthood and Redistributive Politics Downloads
Lena Edlund, Laila Haider and Rohini Pande
4477: Optimal Integration: Strategies for the Multinational Firm Downloads
Gene Grossman, Elhanan Helpman and Adam Szeidl
4476: Transparency and International Portfolio Holdings Downloads
R. Gaston Gelos and Shang-Jin Wei
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