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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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4020: Mark-Up Fluctuations and Fiscal Policy Stabilization in a Monetary Union Downloads
Roel Beetsma and Henrik Jensen
4019: Explaining Trends in UK Immigration Downloads
Timothy Hatton
4018: Heckscher-Ohlin Theory and Individual Attitudes Towards Globalization Downloads
Kevin O'Rourke
4017: Investor Protection and Equity-Holdings: An Explanation of Two Puzzles? Downloads
Mariassunta Giannetti and Yrjö Koskinen
4016: The Optimal Capital Structure of an Economy Downloads
Hans Gersbach
4015: The Effects of Competition and Equal Treatment Laws on the Gender Wage Differential Downloads
Doris Weichselbaumer and Rudolf Winter-Ebmer
4014: The Transmission Mechanism in a Changing World Downloads
Michael Artis, Ana Galvão and Massimiliano Marcellino
4012: Monetary Policy Rules in an Interdependent World Downloads
Robert Kollmann
4011: Employment, Family Union and Childbearing Decisions in Great Britain Downloads
Arnstein Aassve, Simon Burgess, Matt Dickson and Carol Propper
4010: Incentives in the Public Sector: Some Preliminary Evidence from a UK Government Agency Downloads
Simon Burgess, Carol Propper, Marisa Ratto and Emma Tominey
4009: Auctions with Weakly Assymmetric Interdependent Values Downloads
Gadi Fibich, Arieh Gavious and Aner Sela
4008: The Macroeconomics of Delegated Management Downloads
Jean-Pierre Danthine and John B Donaldson
4007: Government Gains from Self-Restraint: A Bargaining Theory of Inefficient Redistribution Policies Downloads
Allan Drazen and Nuno Limão
4006: Dynamic Optimal Taxation with Private Information Downloads
Stefania Albanesi and Christopher Sleet
4005: Precautionary Saving and Consumption Smoothing Across Time and Possibilities Downloads
Miles Kimball and Philippe Weil
4004: Foreign Aid Designed to Diminish Terrorist Atrocities can Increase Them Downloads
Michael Mandler and Michael Spagat
4003: Unilingual versus Bilingual Education System: A Political Economy Analysis Downloads
Javier Ortega and Thomas Tangeraas
4002: Stock Prices and IPO Waves Downloads
Lubos Pastor and Pietro Veronesi
4001: Two Naked Emperors? Concerns about the Stability and Growth Pact and Second Thoughts About Central Bank Independence Downloads
Willem Buiter
3999: The Spatial Distribution of Economic Activities in the EU Downloads
Pierre-Philippe Combes and Henry Overman
3998: Cross-Border Acquisitions and Greenfield Entry: Profitability and Stock Market Value Downloads
Pehr-Johan Norbäck and Lars Persson
3997: Model Uncertainty, Thick Modelling and the Predictability of Stock Returns Downloads
Marco Aiolfi and Carlo Favero
3996: Credit, Wages and Bankruptcy Laws Downloads
Bruno Biais and Thomas Mariotti
3995: International Product Market Integration, Rents and Wage Formation Downloads
Torben M Andersen and Allan Sørensen
3994: Disruptive Technologies and the Emergence of Competition Downloads
Ron Adner and Peter Zemsky
3993: Does Education Raise Productivity or Just Reflect It? Downloads
Arnaud Chevalier, Colm Harmon, Ian Walker and Yu Zhu
3992: The Proper Scope of Governments When Costs are Contractible Downloads
Dag Morten Dalen and Espen Moen
3990: Protecting Against Labour Market Risk: Employment Protection or Unemployment Benefits? Downloads
Tito Boeri, J. Ignacio Conde-Ruiz and Vincenzo Galasso
3989: Domestic Labour Markets and Foreign Direct Investment Downloads
Jan I. Haaland and Ian Wooton
3988: Market Definition in the Telecoms Industry Downloads
Jordi Gual
3987: Price Discovery in Fragmented Markets Downloads
Frank de Jong and Peter C Schotman
3986: Equilibrium Search Unemployment, Endogenous Participation and Labour Market Flows Downloads
Pietro Garibaldi and Etienne Wasmer
3985: The Empirics of Agglomeration and Trade Downloads
Keith Head and Thierry Mayer
3984: Why Does FDI Go Where it Goes? New Evidence from the Transitional Economies Downloads
Nauro Campos and Yuko Kinoshita
3983: Monetary Fundamentals and Exchange Rate Dynamics under Different Nominal Regimes Downloads
Lucio Sarno, Giorgio Valente and Mark Wohar
3982: Cultural Diversity, Status Concerns and the Organization of Work Downloads
Chaim Fershtman, Hans Hvide and Yoram Weiss
3981: Business Cycles, the Current Account and Administered Protection in Mexico Downloads
Joseph Francois and Gunnar Niels
3979: The Effect of Search Frictions on Wages Downloads
Gerard van den Berg and Aico van Vuuren
3978: Measuring Labour Market Frictions: A Cross-Country Comparison Downloads
Geert Ridder and Gerard van den Berg
3977: Multiple Equilibria and Minimum Wages in Labour Markets with Informational Frictions and Heterogenous Production Technologies Downloads
Gerard van den Berg
3976: Endogenous Contracts Under Bargaining in Competing Vertical Chains Downloads
Chrysovalantou Milliou, Emmanuel Petrakis and Nikolaos Vettas
3975: Precautionary Bidding in Auctions Downloads
Peter Eso and Lucy White
3974: Innovations, Patent Races and Endogenous Growth Downloads
Joseph Zeira
3973: Provincial Protectionism Downloads
Konstantin Sonin
3972: Red Tape and Corruption Downloads
Sergei Guriev
3971: Financial Contracting with Optimistic Entrepreneurs: Theory and Evidence Downloads
Augustin Landier and David Thesmar
3970: It's All About Connections: Evidence on Network Formation Downloads
Armin Falk and Michael Kosfeld
3969: Coagglomeration and Growth Downloads
Salvador Barrios, Luisito Bertinelli and Eric Strobl
3968: Mismatch, Transport Mode and Search Decisions in England Downloads
Eleonora Patacchini and Yves Zenou
3967: Density, Social Networks and Job Search Methods: Theory and Application to Egypt Downloads
Jackline Wahba and Yves Zenou
3966: Social Networks and Crime Decisions: The Role of Social Structure in Facilitating Delinquent Behaviour Downloads
Antoni Calvó-Armengol and Yves Zenou
3965: Identification and Estimation of Dynamic Games Downloads
Martin Pesendorfer and Philipp Schmidt-Dengler
3964: Tender Offers and Leverage Downloads
Holger M Mueller and Fausto Panunzi
3963: The Transmission of US Shocks to Latin America Downloads
Fabio Canova
3962: Adaptive Learning and Monetary Policy Design Downloads
George Evans and Seppo Honkapohja
3961: Executive Compensation as an Agency Problem Downloads
Lucian Bebchuk and Jesse Fried
3960: Agglomeration and Regional Growth Downloads
Richard Baldwin and Philippe Martin
3959: Product Choice and Product Switching Downloads
Andrew Bernard, Stephen Redding and Peter Schott
3958: Core-Periphery Patterns of Generalized Transport Costs: France, 1978-98 Downloads
Pierre-Philippe Combes and Miren Lafourcade
3957: Estimating the Probability of Leaving Unemployment Using Uncompleted Spells from Repeated Cross-Section Data Downloads
Maia Güell and Luojia Hu
3956: The Macroeconomics of Shareholder Pressure Downloads
David Thesmar
3955: Pension Fund Governance and the Choice Between Defined Benefit and Defined Contribution Plans Downloads
Timothy Besley and Andrea Prat
3954: The Manufacturer's Suggested Retail Price Downloads
Stephanie Rosenkranz
3953: Informative Advertising and Product Differentiation Downloads
Charalambos Christou and Nikolaos Vettas
3952: Foreign Ownership and Corporate Income Taxation: An Empirical Evaluation Downloads
Harry Huizinga and Gaëtan Nicodème
3951: R&D Cooperation Between Firms and Universities: Some Empirical Evidence from Belgian Manufacturing Downloads
Bruno Cassiman and Reinhilde Veugelers
3950: Aging Population and Education Finance Downloads
Mark Gradstein and Michael Kaganovich
3949: Recursive Preferences and Balanced Growth Downloads
Roger Farmer and Amartya Lahiri
3948: Careerist Judges Downloads
Gilat Levy
3947: It Takes Two: An Explanation of the Democratic Peace Downloads
Gilat Levy and Ronny Razin
3946: Does 'Non-Committed' Government Always Generate Lower Social Welfare then its 'Committed' Counter-Part Downloads
Kresimir Zigic
3945: Bureaucracy as a Mechanism to Generate Information Downloads
Walter Novaes and Luigi Zingales
3944: Accession to the WTO and EU Enlargement: What Potential for Trade Increase? Downloads
Oxana Koukhartchouk and Mathilde Maurel
3943: Efficient Pricing of Large Value Interbank Payment Systems Downloads
Cornelia Holthausen and Jean Rochet
3942: Foreclosure with Incomplete Information Downloads
Lucy White
3941: Overconfidence and Trading Volume Downloads
Markus Glaser and Martin Weber
3940: A Product Market Theory of Worker Training Downloads
Hans Gersbach and Armin Schmutzler
3939: Government Finance in the Wake of Currency Crises Downloads
Craig Burnside, Martin Eichenbaum and Sergio Rebelo
3938: Understanding the Opportunistic Approach to Disinflation Downloads
A. Patrick Minford and Naveen Srinivasan
3937: Francs or Ranks? Earnings Mobility in France, 1967-1999 Downloads
Mosche Buchinsky, Gary Fields, Denis Fougere and Francis Kramarz
3936: Wages and International Trade Downloads
Francis Kramarz
3935: Surviving a Standards War: Lessons Learned from the Life and Death of DIVX Downloads
David Dranove and Neil Gandal
3934: Taylor Rules and the Predictability of Interest Rates Downloads
Paul Söderlind, Ulf Söderström and Anders Vredin
3933: Fiscal Policy and Monetary Integration in Europe Downloads
Jordi Gali and Roberto Perotti
3932: Globalization and Dirty Industries: Do Pollution Havens Matter? Downloads
Jaime de Melo and Jean-Marie Grether
3931: How Binding are Legal Limits? Transitions from Temporary to Permanent Work in Spain Downloads
Maia Güell and Barbara Petrongolo
3930: Reconciling Stability and Growth: Smart Pacts and Structural Reforms Downloads
Roel Beetsma and Xavier Debrun
3928: Backward-Looking Interest Rate Rules, Interest Rate Smoothing and Macroeconomic Instability Downloads
Jess Benhabib, Stephanie Schmitt-Grohé and Martín Uribe
3927: Asset Prices and Business Cycles with Costly External Finance Downloads
João Gomes, Amir Yaron and Lu Zhang
3926: The Effects of Employment Protection: Learning from Variable Enforcement Downloads
Tito Boeri and Juan F Jimeno
3925: Policy Interaction, Expectation and Liquidity Trap Downloads
George Evans and Seppo Honkapohja
3924: Families as Shocks Downloads
Luis Cubeddu and José-Víctor Ríos-Rull
3923: Delegation of Monetary Policy: More than a Relocation of the Time-Inconsistency Problem Downloads
Edward Driffill and Zeno Rotondi
3922: Job Search with Nonparticipation Downloads
Paul Frijters and Bas van der Klaauw
3921: The Effect of Financial Rewards on Students' Achievements: Evidence from a Randomized Experiment Downloads
Edwin Leuven, Hessel Oosterbeek and Bas van der Klaauw
3920: Optimal State-Contingent Regulation under Limited Liability Downloads
Robert Gary-Bobo and Yossi Spiegel
3919: Business Cycles with Free Entry Ruled by Animal Spirits Downloads
Rodolphe Dos Santos Ferreira and Teresa Lloyd-Braga
3918: The Central Banker as a Risk Manager: Quantifying and Forecasting Inflation Risks Downloads
Lutz Kilian and Simone Manganelli
3917: Loan Pricing Under Basel Capital Requirements Downloads
Rafael Repullo and Javier Suarez
3916: Incentives and Invention in Universities Downloads
Saul Lach and Mark Schankerman
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