CERGE-EI Working Papers

From The Center for Economic Research and Graduate Education - Economics Institute, Prague
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2023: Instrumental Variable Estimation with Many Instruments Using Elastic-Net IV

Alena Skolkova

2023: Model Averaging with Ridge Regularization

Alena Skolkova

2023: Easing Renegotiation Rules in Public Procurement: Evidence from a Policy Reform

Kris De Jaegher, Michal Šoltés and Vítězslav Titl

2023: The Price of War: Macroeconomic and Cross-Sectional Effects of Sanctions on Russia

Mikhail Mamonov and Anna Pestova

2023: Measuring Fraud in Banking and its Impact on the Economy: A Quasi-Natural Experiment

Mikhail Mamonov

2023: Quo Vadis? Evidence on New Firm-Bank Matching and Firm Performance Following “Sin” Bank Closures

Roman Goncharenko, Mikhail Mamonov, Steven Ongena, Svetlana Popova and Natalia Turdyeva

2023: “Crime and Punishment”? How Banks Anticipate and Propagate Global Financial Sanctions

Mikhail Mamonov, Anna Pestova and Steven Ongena

2023: Deus Vult! Military Capacity and Economic Development in the Teutonic-Order State

Flavio Malnati

2023: Extrapolative Income Expectations and Retirement Savings

Marta Cota

2023: Colonialism, Cash Crops and Women in Africa

Martina Miotto

2023: Racial Discrimination and Lost Innovation: Evidence from US Inventors, 1895–1925

Davide M. Coluccia, Gaia Dossi and Sebastian Ottinger

2023: The Effects of Government Spending in Segmented Labor and Financial Markets

Dusan Stojanovic

2023: Allocation Choice in Charitable Giving: A Natural Field Experiment

Theodor Kouro

2023: Practical Macrofinancial Stability Analysis: A Prototype Semistructural Model

Jaromir Benes, Tomas Motl and David Vavra

2023: Inflation Expectations in the Wake of the War in Ukraine

Geghetsik Afunts, Misina Cato and Tobias Schmidt

2023: Voting under Debtor Distress

Jakub Grossmann and Stepan Jurajda

2023: Disclosure Discrimination: An Experiment Focusing on Communication in the Hiring Process

Sona Badalyan, Darya Korlyakova and Rastislav Rehak

2023: Parental Allowance Increase and Labour Supply: Evidence from a Czech Reform

Jakub Grossmann, Filip Pertold and Michal Šoltés

2022: Naked Exclusion with Heterogeneous Buyers

Ying Chen and Jan Zapal

2022: Who Divorces Whom: Unilateral Divorce Legislation and the Educational Structure of Marriage

Geghetsik Afunts and Stepan Jurajda

2022: Sequential Sampling Beyond Decisions? A Normative Model of Decision Confidence

Rastislav Rehak

2022: Effect of Exchange-Traded Funds Arbitrage Transactions on their Underlying Holdings

Gregory Boadu-Sebbe

2022: A Back-of-the-Envelope Analysis of House Prices: Czech Republic, 2013-2021

Roman Sustek

2022: Optimally Biased Expertise

Pavel Ilinov, Andrei Matveenko, Maxim Senkov and Egor Starkov

2022: Inattentive Price Discovery in ETFs

Mariia Kosar and Sergei Mikhalishchev

2022: Setting Interim Deadlines to Persuade

Maxim Senkov

2022: Compliance Behavior under Surveillance: Introduction of the Video Assistant Referee to European Football

Ivan Trestcov

2022: Is Longer Maternal Care Always Beneficial? The Impact of a Four-year Paid Parental Leave

Alena Bičáková and Klara Kaliskova

2022: Do Pessimistic Expectations About Discrimination Make Minorities Withdraw Their Effort? Causal Evidence

Darya Korlyakova

2022: Exploring Border Effects: Sensitivity of Cigarette Consumption to Excise Tax

Aisha Baisalova

2022: Trading Volume and Liquidity Provision in Cryptocurrency Markets

Daniele Bianchi, Mykola Babiak and Alexander Dickerson

2022: Limited Consideration in the Investment Fund Choice

Ante Sterc

2022: Proximity to Help Matters: The Effect of Access to Centers of Legal Aid on Bankruptcy Rates

Kristína Hrehová and Stefan Domonkos

2022: The 2003 Tax Reform and Corporate Payout Policy in the US

Danilo Stojanovic

2022: Mist Over a Meadow: Tax Designation Effects on Compliance

Lubomir Cingl, Tomáš Lichard and Tomas Miklanek

2022: Access to Financial Resources and Environmental Migration of the Poor

Aizhamal Rakhmetova, Roman Hoffmann and Mariola Pytlikova

2022: Violent Conflicts and Child Gender Preferences of Parents: Evidence from Nigeria

Ella Sargsyan

2022: For God, Tsar and Fatherland? The Political Influence of Church

Ekaterina Travova

2022: RBTC and Human Capital: Accounting for Individual-Level Responses

Daniil Kashkarov

2022: Social Networks and Surviving the Holocaust

Matej Belin, Tomas Jelinek and Stepan Jurajda

2022: An Equivalence between Rational Inattention Problems and Complete-Information Conformity Games

Pavel Ilinov and Ole Jann

2022: Consequences of Inconvenient Information: Evidence from Sentencing Disparities

Michal Šoltés

2022: Information, Perceived Returns and College Major Choices

Nikoloz Kudashvili and Gega Todua

2021: Checkmate! Losing with Borders, Winning with Centers. The Case of European Integration

Ketevani Kapanadze

2021: Sentencing Decisions Around Quantity Thresholds: Theory and Experiment

Jakub Drapal and Michal Šoltés

2021: Air Pollution and Migration: Exploiting a Natural Experiment from the Czech Republic

Štěpán Mikula and Mariola Pytlikova

2021: Forecasting Realized Volatility Using Machine Learning and Mixed-Frequency Data (the Case of the Russian Stock Market)

Vladimir Pyrlik, Pavel Elizarov and Aleksandra Leonova

2021: Optimal Out-of-Sample Forecast Evaluation under Stationarity

Filip Stanek

2021: Asset Prices and Business Cycles with Liquidity Shocks

Mahdi Nezafat and Ctirad Slavik

2021: A Factor Model for Cryptocurrency Returns

Daniele Bianchi and Mykola Babiak

2021: The Outflow of High-ability Students from Regular Schools and Its Long-term Impact on Those Left Behind

Miroslava Federicova

2021: Form of Preference Misalignment Linked to State-Pooling Structure in Bayesian Persuasion

Rastislav Rehak and Maxim Senkov

2021: Public Procurement and Supplier Job Creation: Insights from Auctions

Stjepan Srhoj and Melko Dragojevic

2021: Career-breaks and Maternal Employment in CEE Countries

Alena Bičáková and Klara Kaliskova

2021: Organization of Knowledge and Taxation

Marek Kapicka and Ctirad Slavik

2021: "Sorry, You're Blocked." Economic Effects of Financial Sanctions on the Russian Economy

Mikhail Mamonov and Anna Pestova

2021: Environmental Regulations, Air Pollution, and Infant Mortality in India: A Reexamination

Olexiy Kyrychenko

2021: The Impact of the Crisis-inducted Reduction in Air Pollution on Infant Mortality in India: A Policy Perspective

Olexiy Kyrychenko

2021: A Note on Jain´s Digital Piracy Model: Horizontal vs Vertical Product Differentiation

Michael Kunin and Kresimir Zigic

2021: The Impact of Delay: Evidence from Formal Out-of-Court Restructuring

Stjepan Srhoj, Dejan Kovac, Jacob N. Shapiro and Randall Filer

2021: Shrinkage for Gaussian and t Copulas in Ultra-High Dimensions

Stanislav Anatolyev and Vladimir Pyrlik

2021: Make Your Own Luck: The Wage Gains from Starting College in a Bad Economy

Alena Bičáková, Guido Matias Cortes and Jacopo Mazza

2021: Shifting Punishment on Minorities: Experimental Evidence of Scapegoating

Michal Bauer, Jana Cahlikova, Julie Chytilova, Gerard Roland and Tomas Zelinsky

2021: Paternal Circular Migration and Development of Socio-Emotional Skills of Children Left Behind

Davit Adunts

2021: The Impact of Same-Race Teachers on Student Behavioral Outcomes

Bohdana Kurylo

2021: Firm Relocations, Commuting and Relationship Stability

Kristína Hrehová, Erika Sandow and Urban Lindgren

2021: Revealing Private Information in a Patent Race

Pavel Kocourek

2021: Sequential Vote Buying

Ying Chen and Jan Zapal

2021: Credit Supply Shocks and Household Defaults

Mikhail Mamonov and Anna Pestova

2021: Sick Pay and Absence from Work: Evidence from Flu Exposure

Jakub Grossmann

2021: Learning about Ethnic Discrimination from Different Information Sources

Darya Korlyakova

2021: Does Robots´Reach Exceed Their Grasp? Differential Impacts of Robot Adoption and Spillover Effects on Workers in the Czech Republic

Matej Belin

2021: Uncertainty Network Risk and Currency Returns

Mykola Babiak and Jozef Baruník

2021: LATE Estimators under Costly Non-compliance in Student-College Matching Markets

Marin Drlje and Stepan Jurajda

2021: Czech Kurzarbeit: Evidence from the First Pandemic Wave

Stepan Jurajda and Pavla Dolezelova

2021: Wages, Minimum Wages, and Price Pass-Through: The Case of McDonald's Restaurants

Orley Ashenfelter and Stepan Jurajda

2021: Forced Migration, Staying Minorities, and New Societies: Evidence from Post-war Czechoslovakia

Jakub Grossmann, Stepan Jurajda and Felix Roesel

2021: Growth Uncertainty, Rational Learning, and Option Prices

Mykola Babiak and Roman Kozhan

2021: Voting on Education and Redistribution Policies in the U.S: Does Endogenous Fertility Matter?

Vera Tolstova

2021: Marital Sorting and Cross-Country Differences in Intergenerational Earnings Persistence

Vera Tolstova

2021: The Effects of Minimum Wage Increases in the Czech Republic

Jakub Grossmann