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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. Series data maintained by ().
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8612: 130 years of fiscal vulnerabilities and currency crashes in advanced economies
Marcel Fratzscher , Arnaud Jérôme Mehl and Isabel Vansteenkiste
8611: Financial Flows, Financial Crises, and Global Imbalances
Maurice Obstfeld
8610: Fiscal Multipliers Over the Business Cycle
Pascal Michaillat
8609: More Schooling, More Children: Compulsory Schooling Reforms and Fertility in Europe
Margherita Fort , Nicole Schneeweis and Rudolf Winter-Ebmer
8608: Optimal income taxation with tax avoidance
Georges Casamatta
8607: Private Provision of Public Goods and Information Diffusion in Social Groups
Kimberley Scharf
8606: Scale Economies in Nonprofit Provision, Technology Adoption and Entry
Kimberley Scharf
8605: Multi-Trait Matching and Intergenerational Mobility: A Cinderella Story
Natalie A. Chen , Paola Conconi and Carlo Perroni
8604: Incorporating theoretical restrictions into forecasting by projection methods
Raffaella Giacomini and Giuseppe Ragusa
8603: Complementing Bagehot: Illiquidity and insolvency resolution
Sylvester Eijffinger and Rob Nijskens
8602: When bigger isn’t better: Bail outs and bank behaviour
Han Hao Li , Marcus H Miller and Lei Zhang
8601: Political Uncertainty and Risk Premia
Lubos Pastor and Pietro Veronesi
8600: Heterogeneous Firm-Level Responses to Trade Liberalization: A Test Using Stock Price Reactions
Holger Breinlich
8599: The Democratic Transition
Fabrice MURTIN and Romain Wacziarg
8598: Grossman-Hart (1986) Goes Global: Incomplete Contracts, Property Rights, and the International Organization of Production
Pol Antras
8597: The Impact of Trade Promotion Services on Canadian Exporter Performance
Shenjie Chen , Johannes Van Biesebroeck and Emily Yu
8596: Surviving the crisis: Foreign multinationals vs domestic firms in Ireland
Olivier Nicolas Godart , Holger Görg and Aoife Hanley
8595: Weak Governments and Trade Agreements
Jean-Louis Arcand , Marcelo Olarreaga and Laura Zoratto
8594: Pro-poor trade policy in Sub-Saharan Africa
Alessandro Nicita , Marcelo Olarreaga and Guido Porto
8593: Interstate Risk Sharing in Germany:1970-2006
Ralf Hepp and Juergen von Hagen
8592: Who Shrunk China? Puzzles in the Measurement of Real GDP
Robert C. Feenstra , Hong Ma , J. Peter Neary and D.S. Prasada Rao
8591: Gross Capital Flows: Dynamics and Crises
Fernando Broner , Tatiana Didier , Aitor Erce and Sergio Luis Schmukler
8590: Do Highly Educated Women Choose Smaller Families?
Moshe Hazan and Hosny Zoabi
8589: Race v. Suffrage: The Determinants of Development in Mississippi
Graziella Bertocchi and Arcangelo Dimico
8588: New Business Start-ups and the Business Cycle
Melvyn Glyn Coles and Ali Moghaddasi Kelishomi
8587: Delegated Activism and Disclosure
Amil Dasgupta and Konstantinos Zachariadis
8586: Human Development in Africa: A Long-run Perspective
Leandro Prados de la Escosura
8585: Sinking, Swimming, or Learning to Swim in Medicare Part D
Jonathan D. Ketcham , Claudio Lucarelli , Eugenio J. Miravete and M Christopher Roebuck
8584: Nested logit or random coefficients logit? A comparison of alternative discrete choice models of product differentiation
Laura Grigolon and Frank Verboven
8583: International trade, CO2 emissions and heterogeneous firms
Rikard Forslid , Toshihiro Okubo and Karen Helene Ulltveit-Moe
8582: Explaining the Black/White Employment Gap: The Role of Weak Ties
Yves Zenou
8581: The Price Effects of Cash Versus In-Kind Transfers
Jesse M. Cunha , Giacomo De Giorgi and Seema Jayachandran
8580: Costly Contracts and Consumer Credit
Igor D. Livshits , James MacGee and Michele Tertilt
8579: Industries at the World Technology Frontier: Measuring R&D Efficiency in a Non-Parametric DEA Framework
Jens Schmidt-Ehmcke and Petra Zloczysti
8578: The delegated Lucas tree
Ron Kaniel and Péter Kondor
8577: How Effective Is Monetary Transmission in Developing Countries? A Survey of the Empirical Evidence
Prachi Mishra , Peter J. Montiel and Antonio Spilimbergo
8576: Financial-Friction Macroeconomics with Highly Leveraged Financial Institutions
Sheung Kan Luk and David Vines
8575: Income inequality, decentralisation and regional development in Western Europe
Andy J Pike , Andrés Rodríguez-Pose , John Tomaney , Gianpiero Torrisi and Vassilis Tselios
8574: Medium Term Business Cycles in Developing Countries
Diego Comin , Norman V. Loayza , Farooq Pasha and Luis Servén
8573: Trading and Enforcing Patent Rights
Alberto Galasso , Mark Schankerman and Carlos Serrano
8572: Spatial frictions
Kristian Behrens , Giordano Mion , Yasusada Murata and Jens Südekum
8571: Nudging with information: a randomized field experiment on reminders and feedback
Giacomo Calzolari and Mattia Nardotto
8570: Tax havens or safe havens
Patrice Pieretti , Jacques-François Thisse and Skerdilajda Zanaj
8569: Learning From Stock Prices and Economic Growth
Joel Peress
8568: Returns to Education across Europe
Daniela Glocker and Viktor Steiner
8567: The Financial Crisis and the Geography of Wealth Transfers
Pierre-Olivier Gourinchas , Helene Rey and Kai Alexander Truempler
8566: Who Benefits from Regional Trade Agreements? The View from the Stock Market
Christoph Moser and Andrew Kenan Rose
8565: Optimal Monetary Policy with Endogenous Entry and Product Variety
Florin O. Bilbiie , Ippei Fujiwara and Fabio Ghironi
8564: Endogenous Entry, Product Variety, and Business Cycles
Florin O. Bilbiie , Fabio Ghironi and Marc J. Melitz
8563: Estimating Income Elasticity of Government Expenditures: Evidence from Oil Price Shocks
Markus Brückner , Alberto Chong and Mark Gradstein
8562: A Model of the Consumption Response to Fiscal Stimulus Payments
Greg Warren Kaplan and Giovanni Luca Violante
8561: Policymakers' Horizon and Trade Reforms
Paola Conconi , Giovanni Facchini and Maurizio Zanardi
8560: Monetary Policy and TIPS Yields before the Crisis
Stefan Gerlach and Laura Moretti
8559: Patient Mobility, Health Care Quality and Welfare
Kurt Richard Brekke , Rosella Levaggi , Luigi Siciliani and Odd Rune Straume
8558: The Impact of Economics Blogs
David McKenzie and Berk Özler
8557: Dollar Illiquidity and Central Bank Swap Arrangements During the Global Financial Crisis
Andrew Kenan Rose and Mark M Spiegel
8556: A DSGE model of banks and financial intermediation with default risk
Michael R. Wickens
8555: Asset Market Participation, Monetary Policy Rules and the Great Inflation
Florin O. Bilbiie and Roland Straub
8554: The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States
Karel Mertens and Morten Overgaard Ravn
8553: Money, Financial Stability and Efficiency
Franklin Allen , Elena Carletti and Douglas Gale
8552: Fiscal Union Consensus Design under the Risk of Autarky
Jaime Luque , Massimo Morelli and José Tavares
8551: Why Europe has become environmentally cleaner: Decomposing the roles of fiscal, trade and environmental policies
Ramon Lopez and Amparo Palacios-Lopez
8550: Does Trade Cause Capital to Flow? Evidence from Historical Rainfalls
Sebnem Kalemli-Ozcan and Alex Oleksandr Nikolsko-Rzhevskyy
8549: Leverage Across Firms, Banks and Countries
Sebnem Kalemli-Ozcan , Bent E. Sorensen and Sevcan Yesiltas
8548: Transparency, Appropriability and the Early State
Joram Mayshar , Omer Moav and Zvika Neeman
8546: External Adjustment and the Global Crisis
Philip Lane and Gian Maria Milesi-Ferretti
8545: Gender Gaps across Countries and Skills: Supply, Demand and the Industry Structure
Claudia Olivetti and Barbara Petrongolo
8544: The arrival of cheap goods: Measuring the impact of Chinese import competition on Nordic prices
Raphael Anton Auer , Andreas M Fischer and Andreas Kropf
8543: What Hinders Investment in the Aftermath of Financial Crises: Insolvent Firms or Illiquid Banks?
Sebnem Kalemli-Ozcan , Herman Kamil and Carolina Villegas-Sanchez
8542: Out-of-Sample Forecast Tests Robust to the Choice of Window Size
Atsushi Inoue and Barbara Rossi
8541: Long-Term Barriers to the International Diffusion of Innovations
Enrico Spolaore and Romain Wacziarg
8540: Supplier Responses to Wal-Mart's Invasion in Mexico
Leonardo Iacovone , Beata Smarzynska Javorcik , Wolfgang Keller and James R. Tybout
8539: Information Aggregation, Investment, and Managerial Incentives
Elias Albagli , Christian Hellwig and Aleh Tsyvinski
8538: Auctions vs Negotiations in Public Procurement: Which Works Better?
Rafael Lalive and Armin Schmutzler
8537: Education and Invention
Otto Toivanen and Lotta Väänänen
8536: On the Genesis of Multinational Foreign Affiliate Networks
Peter H. Egger , Matthias Fahn , Valeria Merlo and Georg Wamser
8535: The Impact of Trade on Organization and Productivity
Lorenzo Caliendo and Esteban Rossi-Hansberg
8534: Retail Chain Expansion: The Early Years of McDonalds in Great Britain
Otto Toivanen and Michael Waterson
8533: Can Market Failure Cause Political Failure
Madhav Aney , Maitreesh Ghatak and Massimo Morelli
8532: Taxation and Regulation of Bonus Pay
Timothy J. Besley and Maitreesh Ghatak
8531: Time to Decide: Information Search and Revelation in Groups
Arthur Campbell , Florian Ederer and Johannes Spinnewijn
8530: Price Distortions and Economic Growth in Sub-Saharan Africa
Kym Anderson and Markus Brückner
8529: Marriage as a Rat Race: Noisy Pre-Marital Investments with Assortative Matching
V Bhaskar and Ed Hopkins
8528: Fiscal Volatility Shocks and Economic Activity
Jesus Fernandez-Villaverde , Pablo A. Guerron , Keith Kuester and Juan F Rubio-Ramirez
8527: Optimal taxes on fossil fuel in general equilibrium
Mikhail Golosov , John Hassler , Per Krusell and Aleh Tsyvinski
8526: Capital Regulation and Tail Risk
Enrico Perotti , Lev Ratnovski and Razvan Vlahu
8525: Inefficient Provision of Liquidity
Oliver Hart and Luigi Zingales
8524: Life Expectancy and Schooling: New Insights from Cross-Country Data
Moshe Hazan
8523: Sports and Child Development
Christina Felfe , Michael Lechner and Andreas Steinmayr
8522: Simultaneous Search and Network Efficiency
Pieter A. Gautier and Christian Ludwig Holzner
8521: Long-run patterns in market efficiency and the genesis of the market economy: Markets around the Mediterranean from Nebuchadnezzar to Napoleon (580 BC and 1800AD)
Péter Földvári , Bas van Leeuwen and Jan Luiten van Zanden
8520: What Explains the German Labor Market Miracle in the Great Recession?
Michael Christopher Burda and Jennifer Hunt
8519: Preferences for Consistency
Armin Falk and Florian Zimmermann
8518: Stories of the Twentieth Century for the Twenty-First
Pierre-Olivier Gourinchas and Maurice Obstfeld
8517: Country Heterogeneity and the International Evidence on the Effects of Fiscal Policy
Carlo Favero , Francesco Giavazzi and Jacopo Perego
8516: For an Olive Wreath? Olympic Games and Anticipation Effects in Macroeconomics
Markus Brückner and Evi Paraskevi Pappa
8515: Structural Vector Autoregressions
Lutz Kilian
8514: Asset Pricing under Rational Learning about Rare Disasters
Christos Koulovatianos and Volker Wieland
8513: Austerity and Anarchy: Budget Cuts and Social Unrest in Europe, 1919-2008
Jacopo Ponticelli and Hans-Joachim Voth
8512: A Flexible Test for Present Bias and Time Preferences using Land-Lease Contracts
Pieter A. Gautier and Aico van Vuuren