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CEPR Discussion Papers
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814: Domestic and Trade Policy for Central and East European Agriculture
Larry S. Karp and Spiro Stefanou
813: The European Satellite Industry: Prospects for Liberalization
Damien J. Neven , Lars-Hendrik Röller and leonard Waverman
812: The Endogeneity of Exchange Rate Regimes
Barry Julian Eichengreen
811: Markups in the Labour and Product Markets and the Relative Performance of Industry and Services: Italy 1951-90
Giorgio Brunello
810: Exchange Rate Regimes and Trade Prices: Does the EMS Matter?
Andre Sapir and Khalid Sekkat
809: Comparisons of Business Cycles in Greece and the EC: Idiosyncracies and Regularities
Nicos Christodoulakis , Sophia Dimelis and Tryphon Kollintzas
808: Trends and Cycles in Labour Productivity in the Major OECD Countries
Giuseppe Nicoletti and Lucrezia Reichlin
807: Provision of Public Inputs and the Effects of Successful Lobbying in Open Economies
Michael Rauscher
806: Trade Wars and Trade Talks
Gene Grossman and Elhanan Helpman
805: An Equilibrium Theory of Rationing
Richard J. Gilbert and Paul Klemperer
804: Financial Openness and the Effectiveness of Capital Controls in Greece
Nicos Christodoulakis and Nikos Karamouzis
803: On the Political Economy of Labour Market Flexibility
Gilles Saint-Paul
802: Equilibrium Locations of Vertically Linked Industries
Anthony J. Venables
801: Unemployment, Real Wages and Union Membership
Christoph M. Schmidt and Klaus F. Zimmermann
800: Modelling Exits from Unemployment in Eastern Germany: A Matching Function Approach
Michael Christopher Burda
794: Convergence in Growth Rates: A Quantitative Assessment of the Role of Capital Mobility and International Taxation
Assaf Razin and Chi-Wa Yuen
793: The Political Economy of Capital Controls
Alberto Alesina , Vittorio Grilli and Gian Maria Milesi-Ferretti
792: On the Feasibility of a One- or Multi-Speed European Monetary Union
Alberto Alesina and Vittorio Grilli
791: Public Debt in the USA: How Much, How Bad and Who Pays?
Willem Hendrik Buiter
790: The Determinants of Realignment Expectations Under the EMS - Some Empirical Regularities
Zhaohui Chen and Alberto Giovannini
789: Lobbying Incentives and the Pattern of Protection in Rich and Poor Countries
Kym Anderson
788: Liquidity Effects and the Determinants of Short-term Interest Rates in Italy (1991-92)
Ignazio Angeloni and Alessandro Prati
787: Signalling Debt Sustainability
Francesco Drudi and Alessandro Prati
786: Domestic Distortions and International Trade
James E. Anderson and J. Peter Neary
785: Green Policies in a Small Open Economy
Lans Bovenberg and (Rick) van der Ploeg, Frederick
784: The Output Decline in Central and Eastern Europe: A Classical Explanation
Peter Bofinger
783: Revenue-sharing Subsidies as Employment Policy: Reducing the Cost of Stimulating East German Employment
Dennis Snower
782: Detrending and Business Cycle Facts
Fabio Canova
781: Sources and Propagation of International Business Cycles: Common Shocks or Transmission?
Fabio Canova
780: Two Notes on Economic Growth and the Solow Model
Daniel Cohen
779: Trade as an Engine of Political Change. A Parable
Alessandra Casella
778: Growth and External Debt
Daniel Cohen
777: German and American Wage and Price Dynamics: Differences and Common Themes
Wolfgang Franz and Robert J. Gordon
776: Competition Through Fares and Fare Accesses on the Air Transport Market
Martino Ajmone Marsan and Fiorella Kostoris Padoa Schioppa
775: Diffusion of Technical Change and the Decomposition of Output into Trend and Cycle
Marco Lippi and Lucrezia Reichlin
774: The Political Economy of the Exchange Rate Mechanism
A. Patrick L. Minford
773: The Term Structure of Forward Exchange Premia and the Forecastability of Spot Exchange Rates: Correcting the Errors
Richard H. Clarida and Mark P. Taylor
772: Factors and Effects of Trade Reorientation in Hungary
László Halpern
771: A Model of UK Emigration, 1870-1913
Timothy James Hatton
770: The Economics of the International Arms Trade
Paul Leslie Levine , Somnath Sen and Ronald Patrick Smith
769: Migration Theory and Evidence: An Assessment
Subrata Ghatak and Paul Leslie Levine
768: Optimal Tax Policy, Government Myopia and Insolvency
Paul Leslie Levine and Joseph Gerson Pearlman
767: Time-inconsistency, Democracy and Optimal Contingent Rules
A. Patrick L. Minford
766: International Trade, Factor Mobility and Trade Costs
Victor D Norman and Anthony J. Venables
765: The Hazards of Doing a PhD: An Analysis of Completion and Withdrawal Rates of British PhDs in the 1980s
Alison Lee Booth and Stephen E Satchell
764: The Determinants of East-West German Migration: Some First Results
Michael Christopher Burda
763: The Earnings Dynamics of Immigrant Labour
Christoph M. Schmidt
762: Apprenticeships and Job Tenure: A Competing Risks Model with Time-varying Covariates
Alison Lee Booth and Stephen E Satchell
761: Delegation in International Monetary Policy Games
Juan J. Dolado , Mark Griffiths and Atilano Jorge Padilla
760: Convergence in Growth Rates: The Role of Capital Mobility and International Taxation
Assaf Razin and Chi-Wa Yuen
759: Currency Substitution
Alberto Giovannini and Bart Turtelboom
758: Macroeconomic Equilibrium and Reform in a Transitional Economy
Huw David Dixon
757: Other People's Money: The Microfoundations of Optimal Currency Areas
A. Patrick L. Minford
756: Information, Forecasts and Measurement of the Business Cycle
George William Evans and Lucrezia Reichlin
754: Who Are the Insiders? Wage Setting in Spanish Manufacturing Firms
Samuel Bentolila and Juan J. Dolado
753: Asymmetry in the ERM: A Case Study of French and German Interest Rates Since Basel-Nyborg
Edward H Gardner and William Robert Maurice Perraudin
752: Central Banking as a Political Principal-Agent Problem
Michele Fratianni , Juergen von Hagen and Christopher Waller
751: Multiple Equilibria in a Growth Model with Monopolistic Competition
Jordi Gali
750: `Excessive Deficits': Sense and Nonsense in the Treaty of Maastricht
Willem Hendrik Buiter , Giancarlo Corsetti and Nouriel Roubini
749: Regional Versus Multilateral Liberalization of Trade in Services
Bernard Hoekman
748: Holes and Loopholes in Integration Agreements: History and Prospects
Bernard Hoekman and Michael P Leidy
747: What to Expect from Regional and Multilateral Trade Negotiations: A Public Choice Perspective
Bernard Hoekman and Michael P Leidy
746: Unemployment, Labour Market Institutions and Structural Change in Eastern Europe
Michael Christopher Burda
745: Environmental Policy, Public Finance and the Labour Market in a Second-best World
Lans Bovenberg and (Rick) van der Ploeg, Frederick
744: Country Characteristics and the Choice of the Exchange Rate Regime: Are Mini-skirts Followed by Maxis?
Seppo Mikko Sakari Honkapohja and Pentti Pikkarainen
743: Privatization, Risk-Taking, and the Communist Firm
Dominique Demougin and Hans-Werner Sinn
742: Why Exchange Rate Bands? Monetary Independence in Spite of Fixed Exchange Rates
Lars E. O. Svensson
741: Does Inequality Cause Inflation? The Political Economy of Inflation, Taxation and Government Debt
Roel Maria Wilhelmus Jozef Beetsma and (Rick) van der Ploeg, Frederick
740: Market Stabilization and the Reform of the Common Agricultural Policy
Ronald W Anderson
739: Illusive Persistence in German Unemployment
Rolf Tschernig and Klaus F. Zimmermann
738: Enterprise Reform in Eastern Europe
Sweder van Wijnbergen
737: The Advantage to Hiding One's Hand: Speculation and Central Bank Intervention in the Foreign Exchange Market
Utpal Bhattacharya and Paul Weller
736: The Competitiveness of Hungarian Industry
Paul G. Hare , Gordon Hughes , Thomas Michael and Tamas Revesz
735: Instability of the Velocity of Money: A New Approach Based on the Evolutionary Spectrum
Michael John Artis , Robin Bladen-Hovell and Dilip M Nachane
734: After the Honeymoon: On the Economics and the Politics of Economic Transformation
Charles Wyplosz
733: Commodity Tax Competition Under Destination and Origin Principles
Ben Lockwood
732: Inefficient Diversification in Multimarket Oligopoly with Diseconomies of Scope
Huw David Dixon
731: Who Benefits from Antidumping Legislation?
Nicolas Schmitt and Jacques François Thisse
730: Eastern Germany Since Unification: Wage Subsidies Remain a Better Way
David K. H. Begg and Richard Portes
729: Macroeconomic Adjustment Under Bretton Woods and the Post-Bretton-Woods Float: An Impulse-Response Analysis
Tamim A Bayoumi and Barry Julian Eichengreen
728: Federal Fiscal Constitutions. Part I: Risk Sharing and Moral Hazard
Torsten Persson and Guido Tabellini
727: Mass Migration, Unions, and Fiscal Migration Policy
Anette Gehrig , Christoph M. Schmidt and Klaus F. Zimmermann
726: A Simple Model of Money and Taxes and an Illustration with Brazilian Data
Alberto Giovannini and Bart Turtelboom
725: Exchange Rate Bands and Optimal Monetary Accommodation Under a Dirty Float
Roel Maria Wilhelmus Jozef Beetsma and (Rick) van der Ploeg, Frederick
724: The Implications of Space for Competition
Suzanne Scotchmer and Jacques François Thisse
722: Economic and Monetary Union in Europe
Charles Richard Bean
721: Arbitration in International Trade
Alessandra Casella
720: Understanding the High Interest Rates on Italian Government Securities
Alberto Giovannini and Gustavo Piga
719: Monetary Union, Money Demand and Money Supply: A Review of the German Monetary Union
Juergen von Hagen
718: Why Have a Target Zone?
Paul R. Krugman and Marcus H Miller
717: Estimates of Bilateral Trade Elasticities and Their Implications for the Modelling of `1992'
Paul Anthony Brenton and L. Alan Winters
716: A Primer on the MFA Maze
Jaime A.P. de Melo and Riccardo Faini
715: The New Regionalism: A Country Perspective
Jaime A.P. de Melo , Arvind Panagariya and Dani Rodrik
714: Endogenous Growth, Human Capital, and Industry Wages
Rudolf Winter-Ebmer
713: Why Do Market Shares Matter?: An Information-Based Theory
Ramon Caminal and Xavier Vives
712: The Union Wage Effect in Late Nineteenth Century Britain
Roy E Bailey , George Boyer and Timothy James Hatton
711: Macroeconomic Shocks, the ERM, and Tri-Polarity
Tamim A Bayoumi and Mark P. Taylor
710: Was the Thatcher Experiment Worth it? British Economic Growth in a European Context
Nicholas Crafts
709: Productivity Growth and the Structure of the Business Cycle
Gilles Saint-Paul
708: Manufacturing and the Convergence Hypothesis: What the Long Run Data Show
Stephen Broadberry