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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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2658: Nonlinear Mean-Reversion in Real Exchange Rates: Towards a Solution to the Purchasing Power Parity Puzzles Downloads
David A. Peel, Lucio Sarno and Mark P. Taylor
2657: Globalization and Human Capital Formation Downloads
Fredrik Andersson and Kai A. Konrad
2656: Personal and Corporate Saving in South Africa Downloads
Janine Aron and John Muellbauer
2655: How is the Debt Managed? Learning from Fiscal Stabilizations Downloads
Pierpaolo Benigno, Francesco Giavazzi and Alessandro Missale
2654: Back to the Future: the Growth Prospects of Transition Economies Reconsidered Downloads
Nauro F. Campos
2653: Political Instability and Growth in Dictatorships Downloads
Jody Robert Overland, Kenneth L. Simons and Michael Spagat
2652: Government Guarantees, Investment And Vulnerability To Financial Crises Downloads
Gregor Irwin and David Vines
2651: Consumption-Savings Decisions with Quasi-Geometric Discounting Downloads
Per Krusell and Anthony A. Smith
2650: Modelling the Dynamics of Industry Populations Downloads
Paul A. Geroski and Mariana Mazzucato
2649: Exploring the Niche Overlaps Between Organizational Ecology and Industrial Economics Downloads
Paul A. Geroski
2648: Impeded Industrial Restructuring: The Growth Penalty Downloads
David B. Audretsch and Roy Thurik
2647: Downstream Competition, Foreclosure, and Vertical Integration Downloads
Gilles Chemla
2646: Who Trusts Others? Downloads
Alberto F Alesina and Eliana La Ferrara
2645: Skills, Agglomeration and Segmentation Downloads
Tomoya Mori Mori and Alessandro Turrini
2644: Capital Mobility, the Real Exchange Rate, and the Rate of Return to Capital in the Presence of Non-Traded Goods Downloads
Konstantine Gatsios
2643: Managerial Compensation and the Market Reaction to Bank Loans Downloads
Andres Almazan and Javier Suarez
2642: Stages of Diversification Downloads
Jean M. Imbs and Romain Wacziarg
2641: Disintegration and Trade Downloads
Jan Fidrmuc and Jarko Fidrmuc
2640: Did the EMS Reduce the Cost of Capital? Downloads
Enrique Sentana
2639: A Model of Takeovers of Foreign Banks Downloads
Rafael Repullo
2638: The Determinants of Foreign Direct Investment in Transition Economies Downloads
Alan Bevan and Saul Estrin
2637: Beyond The Design Of Monetary Policy Alone: Fiscal Commitment, Macro Coordination, And Structural Adjustment Downloads
David K. H. Begg
2636: Competition Downloads
Jan Boone
2635: Estimating Demand for Local Telephone Service with Asymmetric Information and Optional Calling Plans Downloads
Eugenio J. Miravete
2634: Systemic Risk: A Survey Downloads
Olivier de Bandt and Philipp Hartmann
2633: Why was the Euro Weak? Markets and Policies Downloads
Daniel Cohen and Olivier Loisel
2632: The HIPC Initiative: True and False Promises Downloads
Daniel Cohen
2631: An Estimate of the Effect of Currency Unions on Trade and Output Downloads
Jeffrey Alexander Frankel and Andrew Kenan Rose
2630: Agglomeration, Integration and Tax Harmonization Downloads
Richard Baldwin and Paul R. Krugman
2629: EC Regionalism at the Turn of the Millennium: Towards a New Paradigm? Downloads
Andre Sapir
2628: What Matters Most: Teaching or Research? Empirical Evidence on the Remuneration of British Academics Downloads
Rob Euwals and Melanie Ward-Warmedinger
2627: Personal Redistribution and the Regional Allocation of Public Investment Downloads
Ramon Caminal
2626: Tax Policy, Venture Capital and Entrepreneurship Downloads
Christian Keuschnigg and Søren Bo Nielsen
2625: Imperfect Competition, Market Size and Firm Turnover Downloads
Marcus Asplund and Volker Nocke
2624: European Antidumping Policy and Firms' Strategic Choice of Quality Downloads
Hylke Vandenbussche and Xavier Yves Wauthy
2623: EU Reforms for Tomorrow’s Europe Downloads
Richard Baldwin, Erik Berglof, Francesco Giavazzi and Mika Tapani Widgrén
2622: Endogenizing Know-How Flows Through the Nature of R&D Investments Downloads
Bruno Cassiman, David Perez-Castrillo and Reinhilde Veugelers
2621: The Scope of Conflict in International Merger Control Downloads
Damien J. Neven and Lars-Hendrik Röller
2620: Consumer Surplus vs. Welfare Standard in a Political Economy Model of Merger Control Downloads
Damien J. Neven and Lars-Hendrik Röller
2619: Investment, Reprocurement and Franchise Contract Length in the British Railway Industry Downloads
Luisa Affuso and David M Newbery
2618: Comparative Advantage and Economic Geography: Estimating the Location of Production in the EU Downloads
Henry G. Overman, Karen Helene Ulltveit-Moe and Anthony J. Venables
2617: Strategic Choice of Partners: Research Joint Ventures and Market Power Downloads
Lars-Hendrik Röller, Ralph Bernd Siebert and Mihkel Tombak
2616: Optimal Monetary Policy with Endogenous Contracts: Should we Return to a Commodity Standard? Downloads
A. Patrick L. Minford and Eric Nowell
2615: Monetary Union and Fiscal Federalism Downloads
Kenneth Kletzer and Juergen von Hagen
2614: Technical Progress and Early Retirement Downloads
Avner Ahituv and Joseph Zeira
2613: How Should ‘Protection’ be Evaluated in Art. III GATT Disputes? Downloads
Damien J. Neven
2612: Local Labour Markets, Job Matching and Urban Location Downloads
Jan K. Brueckner, Jacques François Thisse and Yves Zenou
2611: An Options-Based Analysis of Emerging Market Exchange Rate Expectations: Brazil’s Real Plan, 1994-1999 Downloads
Jose Manuel Campa, Kevin Chang and James F Refalo
2610: Does One Soros Make a Difference? A Theory of Currency Crises with Large and Small Traders Downloads
Giancarlo Corsetti, Amil Dasgupta, Stephen Morris and Hyun Song Shin
2609: Investment and Instability Downloads
Nauro F. Campos and Jeffrey B Nugent
2608: Interpreting the 'One Big Wave' in US Long-Term Productivity Growth Downloads
Robert J Gordon
2607: Does the 'New Economy' Measure up to the Great Inventions of the Past? Downloads
Robert J. Gordon
2606: Exchange Rates and Trade: How Important is Hysteresis in Trade? Downloads
Jose Manuel Campa
2605: A Model of the Open Market Operations of the European Central Bank Downloads
Juan Ayuso and Rafael Repullo
2604: Using Matching Estimators to Evaluate Alternative Youth Employment Programs: Evidence from France, 1986-1988 Downloads
Thomas Brodaty, Bruno Crépon and Denis Fougere
2603: Gender Wage Differentials in a Competitive Labour Market: The Household Interaction Effect Downloads
Patrick Francois and Jan van Ours
2602: Labour Market Interactions Between Legal and Illegal Immigrants Downloads
Gil S. Epstein
2601: The International Dimension of the Antitrust Practice in Poland, Hungary and the Czech Republic Downloads
Petros C Mavroidis and Damien J. Neven
2600: Club Enlargement: Early Versus Late Admittance Downloads
Mike Burkart and Klaus Wallner
2599: Human Capital and Externalities in Cities Downloads
Antonio Ciccone and Giovanni Peri
2598: The Impact of Mobile Phone Diffusion on the Fixed-Link Network Downloads
Nuno Cadima and Pedro Pita Barros
2597: Bank Capital Regulation with Random Audits Downloads
Sudipto Bhattacharya, Manfred Plank, Günter Strobl and Josef Zechner
2596: Dutch Migrants in New Zealand - Did They Fare Well? Downloads
Joop Hartog and Rainer Winkelmann
2595: Who is Afraid of Globalization? The Challenge of Domestic Adjustment in Europe and America Downloads
Andre Sapir
2594: Natural Resources, Education, and Economic Development Downloads
Thorvaldur Gylfason
2593: Terms of Trade Shocks and Domestic Prices under Tariffs and Quotas: A Note Downloads
Konstantine Gatsios
2592: Complementarity of Labour Market Institutions, Equilibrium Unemployment and the Persistence of Business Cycles Downloads
Michael Christopher Burda and Mark Weder
2591: Looking for Contagion: the Evidence from the ERM Downloads
Carlo Favero and Francesco Giavazzi
2590: True Multilateral Indexes for International Comparisons of Real Income: Theory and Empirics Downloads
J. Peter Neary
2589: Early Retirement Downloads
J. Ignacio Conde-Ruiz and Vincenzo Galasso
2588: Location and Education in South African Cities Under and After Apartheid Downloads
Harris Selod and Yves Zenou
2587: Foreign Production, Strategic Choice and the Domestic Market Effect Downloads
Stephen Pavelin
2586: The Effects of Direct Foreign Investment on Domestic Firms: Evidence from Firm Level Panel Data in Emerging Economies Downloads
Jozef Konings
2585: Indeterminacy in a Small Open Economy Ramsey Growth Model Downloads
Mark Weder
2584: The World Technology Frontier Downloads
Francesco Caselli and Wilbur John Coleman
2583: External Capital Structure: Theory and Evidence Downloads
Philip Lane and Gian Maria Milesi-Ferretti
2582: Why Adopt Transparency? The Publication of Central Bank Forecasts Downloads
Petra Maria Geraats
2581: What Really Matters in Auction Design Downloads
Paul Klemperer
2580: Self-Confidence: Intrapersonal Strategies Downloads
Roland J. Benabou and Jean Tirole
2579: Self-Confidence & Social Interactions Downloads
Roland J. Benabou and Jean Tirole
2578: Basic Principles Of Asset Pricing Theory: Evidence From Large-Scale Experimental Financial Markets Downloads
Peter L. Bossaerts and Charles Raymond Plott
2577: Is the Household Demand for In-Home Services Sensitive to Tax Reductions? The French Case Downloads
Anne Flipo, Denis Fougere and Lucile Olier
2576: Wages and the Size of Firms in Dynamic Matching Models Downloads
Giuseppe Bertola and Pietro Garibaldi
2575: Exchange Rates in Search of Fundamentals: The Case of the Euro-Dollar Rate Downloads
Paul De Grauwe
2574: Regulatory Protectionism, Developing Nations and a Two-Tier World Trade System Downloads
Richard Baldwin
2573: Competing for Ownership Downloads
Patrick Legros and Andrew F. Newman
2572: Why every Economist should Learn some Auction Theory Downloads
Paul Klemperer
2571: Liability for Past Environmental Contamination and Privatization Downloads
Dietrich Earnhart
2570: Trust Vs Illusion: What is Driving Demonetization in Russia? Downloads
Dalia Marin
2569: Gross Credit Flows Downloads
Dell''Ariccia, Giovanni and Pietro Garibaldi
2568: Economic Geography and International Inequality Downloads
Stephen James Redding and Anthony J. Venables
2567: Strategic Bidding in Electricity Pools with Short-Lived Bids: An Application to the Spanish Market Downloads
Antón García-Díaz and Pedro Luis Marín Uribe
2566: The Zero Bound in an Open Economy: A Foolproof Way of Escaping from a Liquidity Trap Downloads
Lars E. O. Svensson
2565: On the Fundamentals of Self-Fulfilling Speculative Attacks Downloads
Craig Burnside, Martin Eichenbaum and Sergio T Rebelo
2564: Firm Value and Managerial Incentives: A Stochastic Frontier Approach Downloads
Michel Antoine Habib and Alexander Ljungqvist
2563: Options to Quit Downloads
Gerard Pfann
2562: Choosing the Wrong Calling Plan? Ignorance, Learning, and Risk Aversion Downloads
Eugenio J. Miravete
2561: Does Money Illusion Matter? An Experimental Approach Downloads
Ernst Fehr and Jean-Robert Tyran
2560: Exports and Information Spillovers Downloads
Marcelo Olarreaga
2559: The Protectionist Bias of Duty Drawbacks and the New Regionalism Downloads
Olivier Cadot, Jaime A.P. de Melo and Marcelo Olarreaga
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