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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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8511: Liquidity When It Matters Most: QE and Tobin’s q
John Driffill and Marcus H Miller
8510: Does Raising the Retirement Age Increase Employment of Older Workers?
Stefan Staubli and Josef Zweimüller
8509: Sequential All-Pay Auctions with Noisy Outputs
Ella Segev and Aner Sela
8508: Investment and capital structure of partially private regulated firms
Carlo Cambini and Yossi Spiegel
8507: On the political economics of tax reforms
Micael Castanheira , Gaëtan J.A. Nicodème and Paola Profeta
8506: Assessing Racial Discrimination in Parole Release
Stéphane Mechoulan and Nicolas Sahuguet
8505: Is teenage motherhood contagious? Evidence from a Natural Experiment
Karin Monstad , Carol Propper and Kjell G Salvanes
8504: Of Religion and Redemption: Evidence from Default on Islamic Loans
Lieven Baele , Moazzam Farooq and Steven Ongena
8503: Properties of Foreign Exchange Risk Premiums
Lucio Sarno , Paul Schneider and Christian Wagner
8502: Leveraging Monopoly Power by Degrading Interoperability: Theory and evidence from computer markets
Christos D. Genakos , Kai-Uwe Kühn and John Michael van Reenen
8501: Health Insurance without Single Crossing: why healthy people have high coverage
Jan Boone and Christoph Schottmüller
8500: The 'Out of Africa' Hypothesis, Human Genetic Diversity, and Comparative Economic Development
Quamrul Ashraf and Oded Galor
8499: The Effects of Cannabis Use on Physical and Mental Health
Jan C van Ours and Jenny Williams
8498: Management practices: Are not for profits different?
Josse Delfgaauw , Robert Dur , Carol Propper and Sarah Smith
8497: Spillovers from the Euro Area Sovereign Debt Crisis: A Macroeconometric Model Based Analysis
Tamim A Bayoumi and Francis Vitek
8496: Capital Flows, Push versus Pull Factors and the Global Financial Crisis
Marcel Fratzscher
8495: A Many-Country Model of Industrialization
Holger Breinlich and Alejandro Cunat
8494: Export Restrictions and Price Insulation During Commodity Price Booms
Kym Anderson and Will J Martin
8493: The land that Lean manufacturing forgot? Management practices in transition countries
Nicholas Bloom , Helena Schweiger and John Michael van Reenen
8492: Risk Sharing with the Monarch: Contigent Debt and Excusable Defaults in the Age of Philip II, 1556-1598
Mauricio Drelichman and Hans-Joachim Voth
8491: Competition and Industry Structure for International Rail Transportation
Guido Friebel , Marc Ivaldi and Jerome Pouyet
8490: How have Europeans Grown so Tall?
Timothy James Hatton
8489: Poor Countries or Poor People? Development Assistance and the New Geography of Global Poverty
Ravi Kanbur and Andy Sumner
8488: Sources of entropy in representative agent models
David Backus , Mikhail Chernov and Stanley E. Zin
8487: A Gains from Trade Perspective on Macroeconomic Fluctuations
Paul Beaudry and Franck Portier
8486: Growth, Colonization, and Institutional Development: In and Out of Africa
Graziella Bertocchi
8485: Contractual Dualism, Market Power and Informality
Arnab K. Basu , Nancy H. Chau and Ravi Kanbur
8484: Firm collaboration and modes of innovation in Norway
Rune Dahl Fitjar and Andrés Rodríguez-Pose
8483: International Recessions
Fabrizio Perri and Vincenzo Quadrini
8482: The Deterrence Effects of U.S. Merger Policy Instruments
Joseph A. Clougherty and Jo Seldeslachts
8481: Does Europe have an innovation policy? The case of EU economic law
Lauren Battaglia , Pierre Larouche and Matteo Negrinotti
8480: Regime Changes and Financial Markets
Andrew Ang and Allan Timmermann
8479: On the High-Frequency Dynamics of Hedge Fund Risk Exposures
Andrew Patton and Tarun Ramadorai
8478: Standardized Enforcement: Access to Justice vs Contractual Innovation
Nicola Gennaioli and Enrico Perotti
8477: Peer Effects in Education, Sport, and Screen Activities: Local Aggregate or Local Average?
Xiaodong Liu , Eleonora Patacchini and Yves Zenou
8476: Asset Commonality, Debt Maturity and Systemic Risk
Franklin Allen , Ana Babus and Elena Carletti
8475: Use of Banking Services in Emerging Markets--Household-Level Evidence
Thorsten Beck and Martin Brown
8474: Absorptive Capacity and the Growth Effects of Regional Transfers: A Regression Discontinuity Design with Heterogeneous Treatment Effects
Sascha O. Becker , Peter H. Egger and Maximilian von Ehrlich
8473: Self-employment of rural-to-urban migrants in China
Corrado Giulietti , Guangjie Ning and Klaus F. Zimmermann
8472: ECB Reaction Functions and the Crisis of 2008
Stefan Gerlach and John Lewis
8471: Accounting For Endogenous Search Behavior in Matching Function Estimation
Daniel Borowczyk-Martins , Gregory Jolivet and Fabien Postel-Vinay
8470: The Economic Impact of Social Ties: Evidence from German Reunification
Konrad Burchard Burchardi and Tarek Alexander Hassan
8469: Productivity volatility and the misallocation of resources in developing economies
John Asker , Allan Collard-Wexler and Jan K. De Loecker
8468: The Effect of Public Sector Employment on Women's Labour Market Outcomes
Brindusa Anghel , Sara de la Rica and Juan J. Dolado
8467: Innovation, Trade, and Finance
Peter H. Egger and Christian Keuschnigg
8466: When is capital enough to get female microenterprises growing? Evidence from a randomized experiment in Ghana
Marcel Fafchamps , David McKenzie , Simon Quinn and Christopher Woodruff
8465: The possibility of ideological bias in structural macroeconomics models
Gilles Saint-Paul
8464: Towards a Political Economy of Macroeconomic Thinking
Gilles Saint-Paul
8463: Cardiovascular Consequences of Unfair Pay
Armin Falk , Ingo Menrath , Johannes Siegrist and Pablo Emilio Verde
8462: Growth, Selection and Appropriate Contracts
Alessandra Bonfiglioli and Gino Gancia
8461: Competition leverage: how the demand side affects optimal risk adjustment
Michiel Bijlsma , Jan Boone and Gijsbert Zwart
8460: The Impact of Controlled Foreign Company Legislation on Real Investments Abroad: A Two-dimensional Regression Discontinuity Design
Peter H. Egger and Georg Wamser
8459: International Migration, Imperfect Information, and Brain Drain
Vianney Dequiedt and Yves Zenou
8458: Structural Estimation of Gravity Models with Path-dependent Market Entry
Peter H. Egger and Michael Pfaffermayr
8457: Strategic Asset Allocation in Money Management
Suleyman Basak and Dmitry Makarov
8456: CDS Auctions
Mikhail Chernov , Alexander Gorbenko and Igor Makarov
8455: The more we know on the fundamental, the less we agree on the price
Péter Kondor
8454: Fund Managers, Career Concerns, and Asset Price Volatility
Veronica Guerrieri and Péter Kondor
8453: Bailout Uncertainty in a Microfounded General Equilibrium Model of the Financial System
Alex Cukierman and Yehuda Izhakian
8452: Self-Help Groups and Mutual Assistance: Evidence from Urban Kenya
Marcel Fafchamps and Eliana La Ferrara
8451: Need for Speed: Is Faster Trade in the EU Trade-creating?
Cecília Hornok
8450: Can the Fed talk the hind legs off the stock market?
Sylvester Eijffinger , Ronald Mahieu and Louis Raes
8449: Short-Time Work: The German Answer to the Great Recession
Karl Brenke , Ulf Rinne and Klaus F. Zimmermann
8448: Knocking on Heaven’s Door? Protestantism and Suicide
Sascha O. Becker and Ludger Woessmann
8447: The Economic Impact of Merger Control Legislation
Elena Carletti , Philipp Hartmann and Steven Ongena
8446: Have Rating Agencies Become More Conservative? Implications for Capital Structure and Debt Pricing
Ramin Baghai , Henri Servaes and Ane Tamayo
8445: Coverage of Infertility Treatment and Fertility Outcomes: Do Women Catch Up?
Matilde Pinto Machado and Anna Sanz-de-Galdeano
8444: Strategic Complementarity, Fragility, and Regulation
Xavier Vives
8443: Social Networks and Parental Behavior in the Intergenerational Transmission of Religion
Eleonora Patacchini and Yves Zenou
8442: A Theoretical Analysis of Public Funding for Research
Gianni De Fraja
8441: Does Female Empowerment Promote Economic Development?
Matthias Doepke and Michele Tertilt
8440: A quality index for patent systems
Matthis de Saint-Georges and Bruno van Pottelsberghe de la Potterie
8439: Animal Spirits, Financial Crises and Persistent Unemployment
Roger E. A. Farmer
8438: Global crises and equity market contagion
Geert Bekaert , Michael Ehrmann , Marcel Fratzscher and Arnaud Jérôme Mehl
8437: Endogenous Public Information and Welfare
Xavier Vives
8436: International Taxation and Cross-Border Banking
Harry P. Huizinga , Johannes Voget and Wolf Wagner
8435: Optimal top marginal tax rates under income splitting for couples
Stefan Bach , Giacomo Corneo and Viktor Steiner
8434: A Brief Survey of the Economics of Open Source Software
Chaim Fershtman and Neil Gandal
8433: Legal Institutions, Innovation and Growth
Luca Anderlini , Leonardo Felli , Giovanni Immordino and Alessandro Riboni
8432: Inference for VARs Identified with Sign Restrictions
Eleonora Granziera , Mihye Lee , Hyungsik Roger Moon and Frank Schorfheide
8431: Schooling and Youth Mortality: Learning from a Mass Military Exemption
Piero Cipollone and Alfonso Rosolia
8430: How Wages and Employment Adjust to Trade Liberalization: Quasi-Experimental Evidence from Austria
Marius Brülhart , Céline Carrère and Federico Trionfetti
8429: A Second Look at the Pesticides Initiative Program: Evidence from Senegal
Olivier Cadot and Melise Jaud
8427: Development Effects of Electrification: Evidence from the Geologic Placement of Hydropower Plants in Brazil*
Tania Barham , Molly Lipscomb and Ahmed Mushfiq Mobarak
8426: A Large-Market Rational Expectations Equilibrium Model
Xavier Vives
8425: The Tax Benefit of Income Smoothing
Kristian Rydqvist , Steven Schwartz and Joshua Spizman
8424: Corporate taxes and the location of intellectual property
Rachel Griffith , Helen Miller and O'Connell, Martin
8423: Enhancing the Efficiency of Water Supply – Product Market Competition versus Trade
Reto Foellmi and Urs Meister
8422: Poultry in Motion: A Study of International Trade Finance Practices
Pol Antras and C. Fritz Foley
8421: The Political Cost of Reforms
Alessandra Bonfiglioli and Gino Gancia
8420: Energy Demand and Trade in General Equilibrium: An Eaton-Kortum-type Structural Model and Counterfactual Analysis
Peter H. Egger and Sergey Nigai
8419: Inference on Impulse Response Functions in Structural VAR Models
Atsushi Inoue and Lutz Kilian
8418: On the origins of gender roles: women and the plough
Alberto F Alesina , Paola Giuliano and Nathan Nunn
8417: Evaluation of the Risks of Collective Dominance in the Audit Industry in France
Olivier Billard , Marc Ivaldi and Sebastien Mitraille
8416: Travel Demand Model with Heterogeneous Users and Endogenous Congestion: An application to optimal pricing of bus services
Marco Batarce and Marc Ivaldi
8415: Water Nationalization: network access, water quality, and health outcomes
Fernando Borraz , Nicolás González and Marcelo Olarreaga
8414: Real-Time Forecasts of the Real Price of Oil
Christiane Baumeister and Lutz Kilian
8413: From First-Release to Ex-Post Fiscal Data: Exploring the Sources of Revision Errors in the EU
Roel Maria Wilhelmus Jozef Beetsma , Benjamin Bluhm , Massimo Giuliodori and Peter Wierts
8412: Field Experiments with Firms
Oriana Bandiera , Iwan Barankay and Imran Rasul
8411: Inherited vs Self-Made Wealth: Theory & Evidence from a Rentier Society (Paris 1872-1937)
Thomas Piketty , Gilles Postel-Vinay and Jean Laurent Rosenthal