CEP Discussion Papers

From Centre for Economic Performance, LSE
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2007: Productivity and the Sourcing Modes of Multinational Firms: Evidence from French Firm-Level Data

Fabrice Defever and Farid Toubal

2007: What Are the Long-Term Effects of UI? Evidence from the UK JSA Reform

Barbara Petrongolo

2007: Robustly Optimal Monetary Policy

Kevin Sheedy

2007: The Unemployment Volatility Puzzle: Is Wage Stickiness the Answer?

Christopher Pissarides

2007: Inflation Persistence When Price Stickiness Differs Between Industries

Kevin Sheedy

2007: Intrinsic Inflation Persistence

Kevin Sheedy

2007: Lags and Leads in Life Satisfaction: A Test of the Baseline Hypothesis

Andrew Clark, Ed Diener, Yannis Georgellis and Richard E. Lucas

2007: Creative Destruction with On-the-Job Search

Jean-Baptiste Michau

2007: Scylla and Charybdis. The European Economy and Poland's Adherence to Gold, 1928-1936

Nikolaus Wolf

2007: Innovation in Business Groups

Sharon Belenzon and Tomer Berkovitz

2007: Incentives in Competitive Search Equilibrium

Espen Moen and Åsa Rosén

2007: U.S. Labor Market Dynamics Revisited

Eran Yashiv

2007: Growth and the Quality of Foreign Direct Investment: Is All FDI Equal?

Laura Alfaro and Andrew Charlton

2007: Conflict-Induced Displacement and Labour Market Outcomes: Evidence from Post-War Bosnia and Herzegovina

Florence Kondylis

2007: Cost-Benefit Analysis of Psychological Therapy

David Clark, Martin Knapp, Richard Layard and Guy Mayraz

2007: Maternal Smoking During Pregnancy and Early Child Outcomes

Emma Tominey

2007: Testing the 'Waterbed' Effect in Mobile Telephony

Christos Genakos and Tommaso Valletti

2007: Information Technology, Organization, and Productivity in the Public Sector: Evidence from Police Departments

Luis Garicano and Paul Heaton

2007: Intra-Industry Foreign Direct Investment

Laura Alfaro and Andrew Charlton

2007: Technological Diversification

Miklós Koren and Silvana Tenreyro

2007: The Impact of Private Ownership, Incentives and Local Development Objectives on University Technology Transfer Performance

Sharon Belenzon and Mark Schankerman

2007: The Shimer Puzzle and the Correct Identification of Productivity Shocks

Régis Barnichon

2007: Search Frictions, Real Rigidities and Inflation Dynamics

Carlos Thomas

2007: The Evolution of Inequality in Productivity and Wages: Panel Data Evidence

Giulia Faggio, Kjell G Salvanes and John van Reenen

2007: Trust-Based Trade

Luis Araujo and Emanuel Ornelas

2007: Productivity, Aggregate Demand and Unemployment Fluctuations

Régis Barnichon

2007: Is Distance Dying at Last? Falling Home Bias in Fixed Effects Models of Patent Citations

Rachel Griffith, Sokbae (Simon) Lee and John van Reenen

2007: Measuring Organization Capital in Japan: An Empirical Assessment Using Firm-Level Data

YoungGak Kim and Tsutomu Miyagawa

2007: Spend It Like Beckham? Inequality and Redistribution in the UK, 1983-2004

Andreas Georgiadis and Alan Manning

2007: Freedom Fries

Guy Michaels and Xiaojia Zhi

2007: Trade Liberalization, Outsourcing, and Firm Productivity

Ralph Ossa

2007: Wage Distributions by Bargaining Regime: Linked Employer-Employee Data Evidence from Germany

Karsten Kohn and Alexander Lembcke

2007: The Effect of Information and Communication Technologies on Urban Structure

Yannis Ioannides, Henry Overman, Esteban Rossi-Hansberg and Kurt Schmidheiny

2007: The Division of Labor, Coordination, and the Demand for Information Processing

Guy Michaels

2007: Intergenerational Mobility and the Informative Content of Surnames

Maia Güell, Sevi Rodríguez Mora and Chris Telmer

2007: History and Industry Location: Evidence from German Airports

Stephen Redding, Daniel Sturm and Nikolaus Wolf

2007: The Maastricht Convergence Criteria and Optimal Monetary Policy for the EMU Accession Countries

Anna Lipinska

2007: The Beveridge Curve

Eran Yashiv

2007: Privatization, Entry Regulation and the Decline of Labor's Share of GDP: A Cross-Country Analysis of the Network Industries

Ghazala Azmat, Alan Manning and John van Reenen

2007: Economic Linkages Across Space

Henry Overman, Patricia Rice and Anthony Venables

2007: The Returns to Temporary Migration to the United States: Evidence from the Mexican Urban Employment Survey

Benjamin Aleman-Castilla

2007: Labor Search and Matching in Macroeconomics

Eran Yashiv

2007: Jeremy Greenwood and Per Krusell, 'Growth Accounting with Investment-Specific Technological Progress: A Discussion of Two Approaches' A Rejoinder

Nicholas Oulton

2007: Imports and Exports at the Level of the Firm: Evidence from Belgium

Mirabelle Muûls and Mauro Pisu

2007: Protection for Sale Made Easy

Richard Baldwin and Frederic Robert-Nicoud

2007: Volatility, Labor Market Flexibility, and the Pattern of Comparative Advantage

Alejandro Cunat and Marc Melitz

2007: Job Destruction, Job Creation and Unemployment in Transition Countries: What Can We Learn?

Giulia Faggio

2007: Chain Indices of the Cost of Living and the Path-Dependence Problem: An Empirical Solution

Nicholas Oulton

2007: Incentive Pay Systems and the Management of Human Resources in France and Great Britain

Richard Belfield, Salima Benhamou and David Marsden

2007: Firms in International Trade

Andrew Bernard, J. Jensen, Stephen Redding and Peter Schott

2007: Offshoring: General Equilibrium Effects on Wages, Production and Trade

Richard Baldwin and Frederic Robert-Nicoud

2007: Respect

Alan Manning

2007: Uncertainty and the Dynamics of R&D

Nicholas Bloom

2007: Entry and Asymmetric Lobbying: Why Governments Pick Losers

Richard Baldwin and Frederic Robert-Nicoud

2007: Culture Clash or Culture Club? The Identity and Attitudes of Immigrants in Britain

Alan Manning and Sanchari Roy

2007: Does the Underground Economy Hold Back Financial Deepening? Evidence from the Italian Credit Market

Giorgio Gobbi and Roberta Zizza

2007: Americans Do I.T. Better: US Multinationals and the Productivity Miracle

Nicholas Bloom, Raffaella Sadun and John van Reenen

2007: The Effect of Marital Breakup on the Income Distribution of Women with Children

Elizabeth O. Ananat and Guy Michaels

2007: Seigniorage

Willem Buiter

2007: Productivity Growth, Knowledge Flows and Spillovers

Gustavo Crespi, Chiara Criscuolo, Jonathan Haskel and Matthew Slaughter

2007: Why Has the British National Minimum Wage Had Little or No Impact on Employment?

David Metcalf

2007: The Marginal Utility of Income

Richard Layard, Guy Mayraz and Stephen Nickell

2007: Information Technology, Organisational Change and Productivity Growth: Evidence from UK Firms

Gustavo Crespi, Chiara Criscuolo and Jonathan Haskel

2007: Inflation Premium and Oil Price Volatility

Paul Castillo, Carlos Montoro and Vicente Tuesta

2007: Monetary Policy Committees and Interest Rate Smoothing

Carlos Montoro

2007: Decomposing the Growth in Residential Land in the United States

Henry Overman, Diego Puga and Matthew Turner

2007: Is Numérairology the Future of Monetary Economics? Unbundling numéraire and medium of exchange through a virtual currency and a shadow exchange rate

Willem Buiter

2007: Economics and Politics of Alternative Institutional Reforms

Francesco Caselli and Nicola Gennaioli

2007: Union Organization in Great Britain

Alex Bryson and P Willman

2007: The Plant Size-Place Effect: Agglomeration and Monopsony in Labour Markets

Alan Manning

2006: The Effect of Trade on the Demand for Skill - Evidence from the Interstate Highway System

Guy Michaels

2006: Consumption and Real Exchange Rates with Incomplete Markets and Non-Traded Goods

Gianluca Benigno and Christoph Theonissen

2006: Term Limits and Electoral Accountability

Michael Smart and Daniel Sturm

2006: Multi-Product Firms and Trade Liberalization

Andrew Bernard, Stephen Redding and Peter Schott

2006: Accounting for Collective Action: Resource Acquisition and Mobilization in British Unions

Alex Bryson and P Willman

2006: Shifts in Economic Geography and their Causes

Anthony Venables

2006: The Long-Term Consequences of Regional Specialization

Guy Michaels

2006: American Economic Development Since the Civil War or the Virtue of Education

Fabrice Murtin

2006: The Impact of Central Bank Announcements on Asset Prices in Real Time: Testing the Efficiency of the Euribor Futures Market

Carlo Rosa and Giovanni Verga

2006: The Effect of Trade Liberalization on Informality and Wages: Evidence from Mexico

Benjamin Aleman-Castilla

2006: An R&D-Based Model of Multi-Sector Growth

L. Rachel Ngai and Roberto Samaniego

2006: Search and Matching Frictions and Optimal Monetary Policy

Carlos Thomas

2006: Job Creation and Job Destruction in the Presence of Informal Labour Markets

Mariano Bosch

2006: Owners of Developed Land versus Owners of Undeveloped Land: Why Land Use is More Constrained in the Bay Area than in Pittsburgh

Christian Hilber and Frederic Robert-Nicoud

2006: The CEP-OECD Institutions Data Set (1960-2004)

William Nickell

2006: Fat City: The Relationship Between Urban Sprawl and Obesity

Jean Eid, Henry Overman, Diego Puga and Matthew Turner

2006: Unemployment and Hours of Work: The North Atlantic Divide Revisited

Christopher Pissarides

2006: Exploring the Detailed Location Patterns of UK Manufacturing Industries Using Microgeographic Data

Gilles Duranton and Henry Overman

2006: International Financial Integration and Entrepreneurship

Laura Alfaro and Andrew Charlton

2006: The Impact of Immigration on the Structure of Male Wages: Theory and Evidence from Britain

Marco Manacorda, Alan Manning and Jonathan Wadsworth

2006: Gross Worker Flows in the Presence of Informal Labor Markets. The Mexican Experience 1987-2002

Mariano Bosch and William Maloney

2006: Individual Employee Voice: Renegotiation and Performance Management in Public Services

David Marsden

2006: Lowering Child Mortality in Poor Countries: The Power of Knowledgeable Parents

Peter Boone and Zhaoguo Zhan

2006: Information and Communication Technologies in a Multi-Sector Endogenous Growth Model

Evangelia Vourvachaki

2006: Productivity and ICT: A Review of the Evidence

Mirko Draca, Raffaella Sadun and John van Reenen

2006: Assessing the Effects of Local Taxation Using Microgeographic Data

Gilles Duranton, Laurent Gobillon and Henry Overman

2006: Pay for Performance Where Output is Hard to Measure: the Case of Performance Pay for School Teachers

Richard Belfield and David Marsden

2006: Trends in Hours and Economic Growth

L. Rachel Ngai and Christopher Pissarides

2006: Unions, Job Reductions and Job Security Guarantees: the Experience of British Employees

Alex Bryson and Michael White

2006: Capital Markets, Ownership and Distance

Wendy Carlin, Andrew Charlton and Colin Mayer

2006: Co-Opetition and Prelaunch in Standard-Setting for Developing Technologies

Tobias Kretschmer and Katrin Muehlfeld

2006: Dynastic Management

Francesco Caselli and Nicola Gennaioli

2006: Strategic Patenting and Software Innovation

Michael Noel and Mark Schankerman

2006: Uncertainty and Investment Dynamics

Nicholas Bloom, Stephen Bond and John van Reenen

2006: The Early Career Gender Wage Gap

Sami Napari

2006: Competing Technologies in the Database Management Systems Market

Tobias Kretschmer

2006: Multi-Product Firms and Product Switching

Andrew Bernard, Stephen Redding and Peter Schott

2006: The Marginal Product of Capital

Francesco Caselli and James Feyrer

2006: Off-Shoring of Business Services and De-Industrialization: Threat or Opportunity - and for Whom?

Frederic Robert-Nicoud

2006: Unions, Within-Workplace Job Cuts and Job Security Guarantees

Alex Bryson and Michael White

2006: On the Theory of Ethnic Conflict

Francesco Caselli and Wilbur Coleman

2006: What Voice Do British Workers Want?

Alex Bryson and Richard Freeman

2006: Patterns of Work Across the OECD

Giulia Faggio and Stephen Nickell

2006: Incentives and Invention in Universities

Saul Lach and Mark Schankerman

2006: The Unequal Effects of Liberalization: Evidence from Dismantling the License Raj in India

Philippe Aghion, Robin Burgess, Stephen Redding and Fabrizio Zilibotti

2006: Trade and Growth with Heterogeneous Firms

Richard Baldwin and Frederic Robert-Nicoud

2006: Productivity, Exporting and the Learning-by-Exporting Hypothesis: Direct Evidence from UK Firms

Gustavo Crespi, Chiara Criscuolo and Jonathan Haskel

2006: The Timing of Monetary Policy Shocks

Giovanni Olivei and Silvana Tenreyro

2006: The Incidence of an Earned Income Tax Credit: Evaluating the Impact on Wages in the UK

Ghazala Azmat

2006: Basic Research and Sequential Innovation

Sharon Belenzon

2006: Technology, Information and the Decentralization of the Firm

Daron Acemoglu, Philippe Aghion, Claire Lelarge, John van Reenen and Fabrizio Zilibotti

2006: Knowledge Flow and Sequential Innovation: Implications for Technology Diffusion, R&D and Market Value

Sharon Belenzon

2006: What Do Unions Do to Executive Compensation?

Rafael Gomez and Konstantinos Tzioumis

2006: A Gold Rush Theory of Economic Development

Ralph Ossa

2006: The Impact of Uncertainty Shocks: Firm Level Estimation and a 9/11 Simulation

Nicholas Bloom

2006: Trade Liberalization and Industrial Restructuring through Mergers and Acquisitions

Holger Breinlich

2006: Measuring and Explaining Management Practices Across Firms and Countries

Nicholas Bloom and John van Reenen

2006: Minimum Wages and Firm Profitability

Mirko Draca, Stephen Machin and John van Reenen

2006: Do Workers' Remittances Reduce the Probability of Current Account Reversals?

Matteo Bugamelli and Francesco Paternò

2006: Union Free-Riding in Britain and New Zealand

Alex Bryson