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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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3899: Taylor Rules in Practice: How Central Banks can Intercept Sunspot Expectations Downloads
Mark Weder
3898: Money and the Transmission Mechanism in the Optimizing IS-LM Specification Downloads
Edward Nelson
3897: The Future of Monetary Aggregates in Monetary Policy Analysis Downloads
Edward Nelson
3896: The Macroeconomics of Early Retirement Downloads
J. Ignacio Conde-Ruiz and Vincenzo Galasso
3895: The Zero-Interest Rate Bound and the Role of the Exchange Rate for Monetary Policy in Japan Downloads
Günter Coenen and Volker Wieland
3894: Exchange Rate Pass-Through in Candidate Countries Downloads
Fabrizio Coricelli, Bostjan Jazbec and Igor Masten
3893: Leading Indicators for Euro Area Inflation and GDP Growth Downloads
Anindya Banerjee, Massimiliano Marcellino and Igor Masten
3892: Price Stability and Monetary Policy Effectiveness when Nominal Interest Rates are Bounded at Zero Downloads
Günter Coenen, Athanasios Orphanides and Volker Wieland
3891: The Determinants of Employee Crime in the UK Downloads
Neil Rickman and Robert Witt
3890: Are Household Portfolios Efficient? An Analysis Conditional on Housing Downloads
Loriana Pelizzon and Guglielmo Weber
3889: Cross-Country Determinants of Mergers and Acquisitions Downloads
Stefano Rossi and Paolo Volpin
3888: Strategic Choice of Financing Systems in Regulated and Interconnected Industries Downloads
Anna Bassanini and Jerome Pouyet
3887: Monetary-Fiscal Mix and Inflation Performance: Evidence from the US Downloads
Carlo Favero and Tommaso Monacelli
3886: Citizen Candidacy with Asymmetric Information Downloads
Georges Casamatta and Wilfried Sand-Zantman
3885: On the Influence of Extreme Parties in Electoral Competition with Policy-Motivated Candidates Downloads
Georges Casamatta and Philippe De Donder
3884: Are we Better Off if our Politicians Have More Information? Downloads
Johan Lagerlof
3883: Freidman's Money Supply Rule versus Optimal Interest Rate Policy Downloads
George Evans and Seppo Honkapohja
3882: The New Comparative Economics Downloads
Simeon Djankov, Edward L Glaeser, Florencio Lopez-de-Silanes and Andrei Shleifer
3881: Tax Incentives to Saving and Borrowing Downloads
Tullio Jappelli and Luigi Pistaferri
3880: The Political Economy of European Merger Control: Evidence Using Stock Market Data Downloads
Tomaso Duso, Damien Neven and Lars-Hendrik Röller
3879: The Effectiveness of Structural Policy in the European Union: An Empirical Analysis for the EU-15 during the Period 1995-2001 Downloads
Maaike Beugelsdijk and Sylvester Eijffinger
3878: An Equilibrium Approach to International Merger Policy Downloads
Luis Cabral
3877: Trade, Wages and the Political Economy of Trade Protection: Evidence from the Colombian Trade Reforms Downloads
Pinelopi Goldberg and Nina Pavcnik
3876: Airbus versus Boeing Revisited: International Competition in the Aircraft Market Downloads
Douglas Irwin and Nina Pavcnik
3875: The Role of Human Capital Investments in the Location Decisions of Firms Downloads
Niko Matouschek and Frederic Robert-Nicoud
3874: The Response of the Informal Sector to Trade Liberalization Downloads
Pinelopi Goldberg and Nina Pavcnik
3873: How do Firms Agglomerate? A Study of FDI in France Downloads
Matthieu Crozet, Thierry Mayer and Jean-Louis Mucchielli
3872: Information Diffusion in International Markets Downloads
Alejandro Izquierdo, Jacques Morisset and Marcelo Olarreaga
3871: Employment Protection and Globalization in Dynamic Oligopoly Downloads
Gerda Dewit, Dermot Leahy and Catia Montagna
3870: Fatal Attraction Downloads
Tamim Bayoumi, Giorgio Fazio, Manmohan Kumar and Ronald MacDonald
3869: Deflation: Prevention and Cure Downloads
Willem Buiter
3868: Portfolio Choice with Internal Habit Formation: A Life-Cycle Model with Uninsurable Labour Income Risk Downloads
Francisco Gomes and Alexander Michaelides
3867: Learning and Syndication in Venture Capital Investments Downloads
Catherine Casamatta and Carole Haritchabalet
3866: Endogenous Policy Leads to Inefficient Risk-Sharing Downloads
Marco Celentani, J. Ignacio Conde-Ruiz and Klaus Desmet
3865: Banks and Markets: the Changing Character of European Finance Downloads
Raghuram Rajan and Luigi Zingales
3864: Entrepreneurs and New Ideas Downloads
Bruno Biais and Enrico Perotti
3863: Education, Growth and Income Inequality Downloads
C. N. Teulings and Thijs van Rens
3862: Paying for Performance: The Effect of Teachers' Financial Incentives on Students' Scholastic Outcomes Downloads
Victor Lavy
3861: How Large are Search Frictions? Downloads
Pieter Gautier and C. N. Teulings
3860: Is Strong Reciprocity a Maladaption? On the Evolutionary Foundations of Human Altruism Downloads
Ernst Fehr and Joseph Henrich
3859: The Wrong Kind of Transparency Downloads
Andrea Prat
3858: A Nationwide Laboratory Examining Trust and Trustworthiness by Integrating Behavioural Experiments into Representative Surveys Downloads
Ernst Fehr, Urs Fischbacher, Jürgen Schupp, Bernhard von Rosenbladt and Gert Wagner
3857: Decentralization and Political Institutions Downloads
Ruben Enikolopov and Ekaterina Zhuravskaya
3856: Prisoners' Other Dilemma Downloads
Matthias Blonski and Giancarlo Spagnolo
3855: Opportunistic Political Cycles: Test in a Young Democracy Setting Downloads
Akhmed Akhmedov, Alexei Ravitchev and Ekaterina Zhuravskaya
3854: Monopoly Rights can Reduce Income Big Time Downloads
Berthold Herrendorf and Arilton Teixeira
3853: What are Falling Transport Costs doing to Spatial Concentration Across US Counties? Downloads
Klaus Desmet and Marcel Fafchamps
3852: Optimal Financial Market Integration and Security Design Downloads
Viral Acharya and Alberto Bisin
3851: Regulation and Investment Downloads
Alberto F Alesina, Silvia Ardagna, Giuseppe Nicoletti and Fabio Schiantarelli
3850: Optimal Public Policy for Venture Capital Backed Innovation Downloads
Christian Keuschnigg
3849: Icelandic Fisheries Management: Fees versus Quotas Downloads
Thorvaldur Gylfason and Martin Weitzman
3848: Aggregate Growth and the Efficiency of Labour Reallocation Downloads
Simon Burgess and Daniel Mawson
3847: The Effect of Employment Protection on Worker Effort: A Comparison of Absenteeism During and After Probation Downloads
Andrea Ichino and Regina Riphahn
3846: Digital Goods and the New Economy Downloads
Danny Quah
3845: Trade Liberalization and Globalization: A Survey Downloads
Arye Hillman
3844: Stock Prices, News and Economic Fluctuations Downloads
Paul Beaudry and Franck Portier
3843: Which Investors Fear Expropriation? Evidence from Investors' Stock Picking Downloads
Mariassunta Giannetti and Andrei Simonov
3842: Efficiency-Enhancing Signalling in the Samaritan's Dilemma Downloads
Johan Lagerlof
3841: On the Desirability of an Efficiency Defense in Merger Control Downloads
Paul Heidhues and Johan Lagerlof
3840: Russia's European Economic Integration: Escapism and Realities Downloads
Carl B Hamilton
3839: Weddings with Uncertain Prospects - Mergers under Asymmetric Information Downloads
Thomas Borek, Stefan Bühler and Armin Schmutzler
3838: Agglomeration and Economic Geography Downloads
Gianmarco Ottaviano and Jacques Thisse
3837: University Spillovers: Strategic Location and New Firm Performance Downloads
David Audretsch, Erik Lehmann and Susanne Warning
3836: Infrastructure Quality in Deregulated Industries: Is there an Underinvestment Problem? Downloads
Men-Andri Benz, Stefan Bühler and Armin Schmutzler
3835: Determinants of Interregional Mobility in Russia: Evidence from Panel Data Downloads
Yuri Andrienko and Sergei Guriev
3834: Clean Evidence on Peer Pressure Downloads
Armin Falk and Andrea Ichino
3833: Export Pricing of Foreign Firms in Hungary: Estimations for 1992-96 Downloads
László Halpern and Miklós Koren
3832: Heterogeneity of Investors and Asset Pricing in a Risk-Value World Downloads
Günter Franke and Martin Weber
3831: Changes in the Functional Structure of Firms and the Demand for Skill Downloads
Eric Maurin and David Thesmar
3830: Changes in Job Security and their Causes: An Empirical Analysis for France, 1982-2002 Downloads
Pauline Givord and Eric Maurin
3829: Investments and Network Competition Downloads
Carlo Cambini and Tommaso Valletti
3828: The Rise and Fall of Swiss Unemployment Downloads
Patrick Puhani
3827: The Effect of High School Matriculation Awards: Evidence from Randomized Trials Downloads
Joshua Angrist and Victor Lavy
3826: The Real Effects of Investor Sentiment Downloads
Christopher Polk and Paola Sapienza
3825: What is the Value Added by Caseworkers? Downloads
Michael Lechner and Jeffrey Smith
3824: Price Squeezes in a Regulatory Environment Downloads
Jan Bouckaert and Frank Verboven
3823: Export-Platform Foreign Direct Investment Downloads
Karolina Ekholm, Rikard Forslid and James Markusen
3822: The Origination and Evolution of Ownership and Control Downloads
Julian R Franks, Colin Mayer and Stefano Rossi
3821: Estimating Loss Function Parameters Downloads
Graham Elliott, Ivana Komunjer and Allan Timmermann
3820: Benchmarking Structural Change in Transition Downloads
Martin Raiser, Mark Schaffer and Johannes Schuchhardt
3819: Do Oppositional Identities Reduce Employment for Ethnic Minorities? Downloads
Harminder Battu, MacDonald Mwale and Yves Zenou
3818: The Effects of Overcrowded Housing on Children's Performance at School Downloads
Dominique Goux and Eric Maurin
3817: Land Inequality and the Origin of Divergence and Overtaking in the Growth Process: Theory and Evidence Downloads
Oded Galor, Omer Moav and Dietrich Vollrath
3816: Compatibility Decisions, Endogenous Installed Home Bases and the Third-Market Competition Downloads
Uwe Walz and Bernd Woeckener
3815: Compatibility Standards and Strategic Trade Policy Downloads
Uwe Walz and Bernd Woeckener
3814: Strategic Experimentation with Exponential Bandits Downloads
Martin Cripps, R Keller and Sven Rady
3813: Using and Abusing Economic Theory Downloads
Paul Klemperer
3812: Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy Downloads
Günter Coenen, Andrew Levin and Volker Wieland
3811: Monetary Policy and Uncertainty about the Natural Unemployment Rate Downloads
Volker Wieland
3810: Efficient Unemployment Insurance Time Path Downloads
Tomer Blumkin, Yossi Hadar and Eran Yashiv
3809: On the Selection of Forecasting Models Downloads
Atsushi Inoue and Lutz Kilian
3808: Can Information Heterogeneity Explain the Exchange Rate Determination Puzzle? Downloads
Philippe Bacchetta and Eric van Wincoop
3807: Geography and Export Performance: External Market Access and Internal Supply Capacity Downloads
Stephen Redding and Anthony Venables
3806: Organized Crime, Corruption and Punishment Downloads
Maurice Kugler, Thierry Verdier and Yves Zenou
3805: Multinational Enterprises, International Trade and Productivity Growth: Firm-Level Evidence from the US Downloads
Wolfgang Keller and Stephen Yeaple
3804: From Natural Resources to High-tech Production: The Evolution of Industrial Competitiveness in Sweden and Finland Downloads
Magnus Blomström and Ari Kokko
3803: Markov Switching Causality and the Money-Output Relationship Downloads
Zacharias Psaradakis, Morten Ravn and Martin Sola
3802: Gross Job Flows in Ukraine: Size, Ownership and Trade Effects Downloads
Jozef Konings, Olga Kupets and Hartmut Lehmann
3801: Anatomy of Voting Behaviour and Attitudes During Post-Communist Transition Czech Republic 1990-98 Downloads
Orla Doyle and Jan Fidrmuc
3800: Land and Power Downloads
Jean-Marie Baland and James Robinson
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