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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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4343: A Minimum of Rivalry: Evidence from Transition Economies on the Importance of Competition for Innovation and Growth Downloads
Wendy Carlin, Mark Schaffer and Paul Seabright
4342: To Purgatory and Beyond: When and How Should the Accession Countries from Central and Eastern Europe Become Full Members of EMU? Downloads
Willem Buiter
4341: A Meta-Analysis of the Effect of Common Currencies on International Trade Downloads
Andrew Rose
4340: Market Stress and Herding Downloads
Soosung Hwang and Mark Salmon
4339: Are Foreign Ownership and Good Institutions Substitutes? The Case of Non-Traded Equity Downloads
Cécile Denis and Harry Huizinga
4338: Fundamentals and Joint Currency Crises Downloads
Casper de Vries, Philipp Hartmann and Stefan Straetmans
4337: Money and the Natural Rate of Interest: Structural Estimates for the UK, the US and the euro area Downloads
Javier Andrés, David Lopez-Salido and Edward Nelson
4336: Tobin's Imperfect Asset Substitution in Optimizing General Equilibrium Downloads
Javier Andrés, David Lopez-Salido and Edward Nelson
4335: The Real Effects of Financial Integration Downloads
Jean Imbs
4334: Optimal Simple and Implementable Monetary and Fiscal Rules Downloads
Stephanie Schmitt-Grohé and Martín Uribe
4333: Bagging Time Series Models Downloads
Atsushi Inoue and Lutz Kilian
4332: The Impact of Location on Firm Growth Downloads
David Audretsch and Dirk Dohse
4331: Asymptotic Analysis of Large Auctions Downloads
Gadi Fibich, Arieh Gavious and Aner Sela
4330: A New Way to Measure Competition Downloads
Jan Boone
4329: The Determinants of Output Per Contributor in Open Source Projects: An Empirical Examination Downloads
Chaim Fershtman and Neil Gandal
4328: Why are European Countries Diverging in their Unemployment Experience? Downloads
Gilles Saint-Paul
4327: Did European Labour Markets Become More Competitive in the 1990's? Evidence from Estimated Worker Rents Downloads
Gilles Saint-Paul
4326: The Structure of Simple 'New Economic Geography' Models Downloads
Frederic Robert-Nicoud
4325: Cross-Border Mergers as Instruments of Comparative Advantage Downloads
J. Peter Neary
4324: Welfare Reform in European Countries: A Micro-Simulation Analysis Downloads
Herwig Immervoll, Henrik Kleven, Claus Kreiner and Emmanuel Saez
4323: Location Choices under Quality Uncertainty Downloads
Charalambos Christou and Nikolaos Vettas
4322: Continuous Preferences Can Cause Discontinuous Choices: An Application to the Impact of Incentives on Altruism Downloads
Paul Seabright
4321: Regional Policy Design: An Analysis of Relocation, Efficiency and Equity Downloads
Karen Helene Ulltveit-Moe
4320: Spillover Effects, Bank Lending and Growth Downloads
Sumru Altug and Murat Usman
4319: Railway (De)Regulation: A European Efficiency Comparison Downloads
Guido Friebel, Marc Ivaldi and Catherine Vibes
4318: Regulation and Incentives in European Aviation Downloads
Philippe Gagnepain and Pedro Luis Marín Uribe
4317: Global Monetary Policy Under a Dollar Standard Downloads
Michael Devereux, Kang Shi and Juanyi Xu
4315: Dynamic Price Competition with Capacity Constraints and Strategic Buyers Downloads
Gary Biglaiser and Nikolaos Vettas
4314: The Yield Spread as a Symmetric Predictor of Output and Inflation Downloads
Gikas Hardouvelis and Dimitrios Malliaropoulos
4313: Lobbying, Information Transmission and Unequal Representation Downloads
Lars Frisell and Johan Lagerlof
4312: Trade and Multinationals: The Effect of Economic Integration on Taxation and Tax Revenue Downloads
Hans Jarle Kind, Guttorm Schjelderup and Karen Helene Ulltveit-Moe
4311: International Vertical Specializations, Imperfect Competition and Welfare Downloads
Ai Ting Goh and Jacques Olivier
4310: Market Integration and Economic Development: A Long-Run Comparison Downloads
Wolfgang Keller and Carol Shiue
4309: International Trade and Child Labour: Cross-Country Evidence Downloads
Eric Edmonds and Nina Pavcnik
4308: Social Contacts and Occupational Choice Downloads
Samuel Bentolila, Claudio Michelacci and Javier Suarez
4307: Gender Gaps in Unemployment Rates in OECD Countries Downloads
Ghazala Azmat, Maia Güell and Alan Manning
4306: Tournaments: There Is More Than Meets the Eye Downloads
Gil Epstein and Shmuel Nitzan
4305: Smuggling Humans: A Theory of Debt-Financed Migration Downloads
Guido Friebel and Sergei Guriev
4304: Regional Treatment Intensity as an Instrument for the Evaluation of Labour Market Policies Downloads
Markus Fröhlich and Michael Lechner
4303: Gender Segregation in Employment Contracts Downloads
Barbara Petrongolo
4302: Cross-Sectional Heterogeneity and the Persistence of Aggregate Fluctuations Downloads
Claudio Michelacci
4301: Financial Factors, Macroeconomic Information and the Expectations Theory of the Term Structure of Interest Rates Downloads
Andrea Carriero, Carlo Favero and Iryna Kaminska
4300: The Expenditure Switching Effect and the Choice Between Fixed and Floating Exchange Rates Downloads
Ozge Senay and Alan Sutherland
4299: Emissions Trading Regimes and Incentives to Participate in International Climate Agreements Downloads
Barbara Buchner and Carlo Carraro
4298: Experiments on Unemployment Benefit Sanctions and Job Search Behaviour Downloads
Jan Boone, Abdolkarim Sadrieh and Jan van Ours
4297: Political Influence in a New Anti-Dumping Regime: Evidence from Mexico Downloads
Joseph Francois and Gunnar Niels
4296: The Cross-Sectional Implications of Rising Wage Inequality in the United States Downloads
Jonathan Heathcote, Kjetil Storesletten and Giovanni Violante
4295: Aggregate Supply and Potential Output Downloads
Assaf Razin
4294: Timeliness, Trade and Agglomeration Downloads
James Harrigan and Anthony Venables
4293: Public Debt Management in Brazil Downloads
Francesco Giavazzi and Alessandro Missale
4292: Private Donations for International Development Downloads
John Micklewright and Anna Wright
4291: Privatization Methods and Economic Growth in Transition Economies Downloads
John Bennett, Saul Estrin, James Maw and Giovanni Urga
4290: Investment Prices and Exchange Rates: Some Basic Facts Downloads
Ariel Burstein, Joao C Neves and Sergio Rebelo
4289: Are There Asymmetries in the Effects of Training on the Conditional Male Wage Distribution? Downloads
Wiji Arulampalam, Alison Booth and Mark Bryan
4288: Calvo Contracts: A Critique Downloads
A. Patrick Minford and David Peel
4287: Multiple Lenders and Corporate Distress: Evidence on Debt Restructuring Downloads
Antje Brunner and Jan Krahnen
4285: Trading European Sovereign Bonds: The Microstructure of the MTS Trading Platforms Downloads
Yiu Chung Cheung, Frank de Jong and Barbara Rindi
4284: Investments Abroad and Performance at Home: Evidence from Italian Multinationals Downloads
Giorgio Barba Navaretti and Davide Castellani
4283: Money Illusion and Coordination Failure Downloads
Ernst Fehr and Jean-Robert Tyran
4281: Endogenous Minimum Participation in International Environmental Treaties Downloads
Carlo Carraro, Carmen Marchiori and Sonia Oreffice
4280: Dealing with Destabilizing 'Market Discipline' Downloads
Daniel Cohen and Richard Portes
4279: Heterogenous Information About the Term Structure of Interest Rates, Least-Squares Learning and Optimal Interest Rate Rules Downloads
Sylvester Eijffinger, Eric Schaling and Mewael F. Tesfaselassie
4278: Multiple Creditors and Information Rights: Theory and Evidence from US Firms Downloads
Luigi Guiso and Raoul Minetti
4277: Structure and Returns to Scale of Real-Time Hierarchical Resource Allocation Downloads
Timothy Van Zandt
4276: Balancedness of Real-Time Hierarchical Resource Allocation Downloads
Timothy Van Zandt
4275: Ex Post Inefficiency in a Political Agency Model Downloads
Georges Casamatta and Caroline De Paoli
4274: The Demand for High-Skilled Workers and Immigration Policy Downloads
Thomas Bauer and Astrid Kunze
4273: Who is in Favour of Enlargement? Determinants of Support for EU Membership in the Candidate Countries Referenda Downloads
Orla Doyle and Jan Fidrmuc
4272: Term Limits and Electoral Accountability Downloads
Michael Smart and Daniel Sturm
4271: Real and Nominal Wage Rigidities and the Rate of Inflation: Evidence from West German Microdata Downloads
Thomas Bauer, Holger Bonin and Uwe Sunde
4270: When do 'Female' Occupations Pay More? Downloads
Heike Harmgart and Stepan Jurajda
4269: Deep Habits Downloads
Morten Ravn, Stephanie Schmitt-Grohé and Martín Uribe
4268: A Scapegoat Model of Exchange Rate Fluctuations Downloads
Philippe Bacchetta and Eric van Wincoop
4267: Federal Tax Arrears in Russia: Liquidity Problems, Federal Redistribution or Russian Resistance? Downloads
Maria Ponomareva and Ekaterina Zhuravskaya
4266: Extensive and Intensive Growth in a Neoclassical Framework Downloads
Andreas Irmen
4265: Credit Risk Transfer and Financial Sector Performance Downloads
Ian Marsh and Wolf Wagner
4264: Reserve Prices in Auctions as Reference Points Downloads
Stephanie Rosenkranz and Patrick Schmitz
4263: Can Coasean Bargaining Justify Pigouvian Taxation? Downloads
Stephanie Rosenkranz and Patrick Schmitz
4262: Specific Knowledge and Performance Measurement Downloads
Michael Raith
4261: Competition of Politicians for Wages and Office Downloads
Hans Gersbach
4260: Bank Mergers, Competition and Liquidity Downloads
Elena Carletti, Philipp Hartmann and Giancarlo Spagnolo
4259: The Geography of UK International Trade Downloads
Henry Overman and L. Winters
4258: Occupational Choice Across Generations Downloads
Amelie Constant and Klaus Zimmermann
4257: Policy Instrument Choice and non-coordinated Monetary Policy in Interdependent Economies Downloads
Giovanni Lombardo and Alan Sutherland
4256: Asset Prices with Heterogenous Beliefs Downloads
Suleyman Basak
4255: How Often Should you Open the Door? Optimal Monitoring to Screen Heterogeneous Agents Downloads
Andrea Ichino and Gerd Muehlheusser
4254: Fiscal Policy with Agents Differing in Altruism and in Ability Downloads
Philippe Michel and Pierre Pestieau
4253: Social Insurance and Redistribution with Moral Hazard and Adverse Selection Downloads
Robin Boadway, Manuel Leite-Monteiro, Maurice G. Marchand and Pierre Pestieau
4252: Bureaucrats or Politicians? Downloads
Alberto F Alesina and Guido Tabellini
4251: International Monetary Policy Coordination and Financial Market Integration Downloads
Alan Sutherland
4250: Informational Efficiency of Credit Default Swap and Stock Markets: The Impact of Credit Rating Announcements Downloads
Lars Norden and Martin Weber
4249: Go For Broke or Play it Safe? Dynamic Competition with Choice of Variance Downloads
Axel Anderson and Luis Cabral
4248: Old Sins: Exchange Rate Clauses and European Foreign Lending in the 19th Century Downloads
Marc Flandreau and Nathan Sussman
4247: Monetary Policy and Lexicographic Preference Ordering Downloads
Edward Driffill and Zeno Rotondi
4246: Does the WTO Make Trade More Stable? Downloads
Andrew Rose
4245: Easy Targets and the Timing of Conflict Downloads
Helmut Bester and Kai Konrad
4244: The HP-Filter in Cross-Country Comparisons Downloads
Albert Marcet and Morten Ravn
4243: Unemployment in the EU: Institutions, Prices and Growth Downloads
Marika Karanassou, Hector Sala and Dennis Snower
4242: The Firm as a Pool of Factor Complementarities Downloads
Assar Lindbeck and Dennis Snower
4241: On-the-Job Training, Firing Costs and Employment Downloads
Pilar Diaz-Vazquez and Dennis Snower
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