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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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4084: Does Binding of Feedback Influence Myopic Loss Aversion? An Experimental Analysis Downloads
Thomas Langer and Martin Weber
4083: Poole in the New Keynesian Model Downloads
Fabrice Collard and Harris Dellas
4082: The Case for Inflation Stability Downloads
Fabrice Collard and Harris Dellas
4081: An Experimental Study of Storable Votes Downloads
Alessandra Casella, Andrew Gelman and Thomas R Palfrey
4080: Auctions with Private Entry Costs Downloads
Todd Kaplan and Aner Sela
4079: Unionization Structures and Innovation Incentives Downloads
Justus Haucap and Christian Wey
4078: Location of R&D and High-Tech Production by Vertically-Integrated Multinationals Downloads
Karolina Ekholm and Katariina Hakkala
4077: Market Access for Sale: Latin America's Lobbying for US Tariff Preferences Downloads
Hiau Looi Kee, Marcelo Olarreaga and Peri Silva
4076: The Informational Role of the Business Cycle Downloads
Harris Dellas
4075: Incentive Contracts and Elections for Politicians with Multi-Task Problems Downloads
Hans Gersbach and Verena Liessem
4074: The Impact of Length of the School Year on Student Performance and Earnings: Evidence from the German Short School Years Downloads
Jorn-Steffen Pischke
4073: A Quantitative Exploration of the Opportunistic Approach to Disinflation Downloads
Yunus Aksoy, Athanasios Orphanides, David Small, Volker Wieland and David Wilcox
4072: Optimal Information Management: Organizations versus Markets Downloads
Micael Castanheira and Mikko Leppämäki
4071: EU Conciliation Committee: Council 56 versus Parliament 6 Downloads
Stefan Napel and Mika Widgrén
4070: Microeconomic Sources of Equity Risk Downloads
Michael Wickens
4069: Competitive Non-Linear Pricing in Duopoly Equilibrium: The Early US Cellular Telephone Industry Downloads
Eugenio Miravete and Lars-Hendrik Röller
4068: Is There Evidence of Pessimism and Doubt in Subjective Distributions? A Comment on Abel Downloads
Paolo Giordani and Paul Söderlind
4067: C-CAPM and the Cross-Section of Sharpe Ratios Downloads
Paul Söderlind
4066: Who Integrates? Downloads
Stefan Bühler and Armin Schmutzler
4065: Inter-regional and International Trade: Seventy Years After Ohlin Downloads
Kristian Behrens, Carl Gaigne, Gianmarco Ottaviano and Jacques Thisse
4064: Fertility and Financial Incentives in France Downloads
Guy Laroque and Bernard Salanié
4063: Welfare Implications of User Innovation Downloads
Joachim Henkel and Eric von Hippel
4062: Microfoundations of Urban Agglomeration Economies Downloads
Gilles Duranton and Diego Puga
4061: Immigration and Inter-Regional Mobility in the UK, 1982-2000 Downloads
Timothy Hatton and Max Tani
4060: International Good Market Segmentation and Financial Market Structure Downloads
Suleyman Basak and Benjamin Croitoru
4059: Kleptocracy and Divide-and-Rule: A Model of Personal Rule Downloads
Daron Acemoglu, James A Robinson and Thierry Verdier
4058: Efficiency Wages and Unemployment in Cities: The Case of High Relocation Costs Downloads
Yves Zenou
4057: Corruption and Openness Downloads
Zvika Neeman, M. Daniele Paserman and Avi Simhon
4056: Ownership and Control in Joint Ventures: Theory and Evidence Downloads
Robert Hauswald and Ulrich Hege
4055: On the Causes of Overlending: Are Guarantees on Deposits the Culprit? Downloads
Mariassunta Giannetti
4054: An Economic Model of Child Custody Downloads
Marco Francesconi and Abhinay Muthoo
4053: Taxing Risky Investment Downloads
Michael Devereux
4052: Immigrating to Opportunity: Estimating the Effect of School Quality Using a Natural Experiment on Ethiopians in Israel Downloads
Eric Gould, Victor Lavy and M. Daniele Paserman
4051: Takeovers and the Dynamics of Information Flows Downloads
Gilles Chemla
4050: Mixed Signals in Defending the Exchange Rate: What do the Data Say? Downloads
Allan Drazen and Stefan Hubrich
4049: Where Does the Political Budget Cycle Really Come From? Downloads
Adi Brender and Allan Drazen
4048: Communication Externalities in Cities Downloads
Sylvie Charlot and Gilles Duranton
4047: Durable Goods with Quality Differentiation Downloads
Roman Inderst
4046: The Labour Market Effects of Payroll Taxes in a Middle-Income Country: Evidence from Colombia Downloads
Adriana Kugler and Maurice Kugler
4045: The Changing Distribution of Male and Female Wages, 1978-2000: Can the Simple Skills Story be Rejected? Downloads
Amanda Gosling
4044: Democratic Public Good Provision Downloads
John Hassler, Kjetil Storesletten and Fabrizio Zilibotti
4043: Structural Reforms and the Macroeconomy: The Role of General Equilibrium Effects Downloads
Hans Gersbach
4041: Distance and FDI When Contracts are Incomplete Downloads
Gianmarco Ottaviano and Alessandro Turrini
4040: National versus International Mergers in Unionised Oligopoly Downloads
Kjell Lommerud, Lars Sørgard and Odd Straume
4039: Inside-Outside Money Competition Downloads
Ramon Marimon, Juan Pablo Nicolini and Pedro Teles
4038: Relative Performance Evaluation Contracts and Asset Market Equilibrium Downloads
Sandeep Kapur and Allan Timmermann
4037: Properties of Optimal Forecasts Downloads
Andrew Patton and Allan Timmermann
4036: Responsive Pricing Downloads
Pascal Courty and Mario Pagliero
4035: Dynamic Yardstick Regulation Downloads
Antoine Faure-Grimaud and Sönje Kerrin Reiche
4034: Trading Volume with Career Concerns Downloads
Amil Dasgupta and Andrea Prat
4033: Panel Index VAR Models: Specification, Estimation, Testing and Leading Indicators Downloads
Fabio Canova and Matteo Ciccarelli
4032: Trade Liberalization and Developing Countries Under the Doha Round Downloads
Joseph Francois, Hans Meijl and Frank van Tongeren
4031: Job Protection Laws and Agency Problems Under Asymmetric Information Downloads
Patrick Schmitz
4030: Why Do Emerging Economies Borrow in Foreign Currency? Downloads
Olivier Jeanne
4029: Urban Labour Economic Theory Downloads
Yves Zenou
4028: The Spatial Aspects of Crime Downloads
Yves Zenou
4027: Financial Integration: A New Methodology and an Illustration Downloads
Robert Flood and Andrew Rose
4026: Competition and Quality: Evidence from the NHS Internal Market 1991-9 Downloads
Simon Burgess, Denise Gossage and Carol Propper
4025: Uncertainty and Company Investment Dynamics: Empirical Evidence for UK Firms Downloads
Nicholas Bloom, Stephen Roy Bond and John van Reenen
4024: Institutional Subversion: Evidence from Russian Regions Downloads
Irina Slinko, Evgeny Yakovlev and Ekaterina Zhuravskaya
4023: Trade Reforms and Wage Inequality in Colombia Downloads
Orazio Attanasio, Pinelopi Goldberg and Nina Pavcnik
4022: Real-Time Hierarchical Resource Allocation with Quadratic Costs Downloads
Timothy Van Zandt
4021: Heterogeneity in R&D Cooperation Strategies Downloads
Rene Belderbos, Martin Carree, Bert Diederen, Boris Lokshin and Reinhilde Veugelers
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
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