CEPR Discussion Papers

From Centre for Economic Policy Research
33 Great Sutton Street, London EC1V 0DX, UK.
Bibliographic data for series maintained by CEPR ().

Access Statistics for this working paper series.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

21967: Asymmetric Reversals

Pierre Collin-Dufresne, Federico Baldi Lanfranchi and Kent Daniel

21966: When the Right to Work from Home Works

Marco Francesconi, Marco Alberto De Benedetto and Maria De Paola

21965: Risk Appetite and Monetary Transmission

Michael Bauer, Maik Schmeling and Andreas Schrimpf

21964: Who You Know, Who You Recommend: Referrals and Occupational Gender Segregation

Livia Alfonsi and Pedro Ferreira

21963: Meet Your Future: Experimental Evidence on the Labor Market Effects of Mentors

Livia Alfonsi, Mary Namubiru and Sara Spaziani

21962: Firms’ Marginal Propensities to Invest

Jeanne Commault and Martin-Baillon, Alaïs

21961: Heterogeneous Cross-Border Financial Allocations

Juan Carluccio and Liliana Varela

21960: The Karenina Principle: A Decision Rule for Contradicting Requirements

Anders Levermann

21959: Subjective Models of the Macroeconomy and the Transmission of Monetary Policy

Francesco D'Acunto, Dimitris Georgarakos, Geoff Kenny and Michael Weber

21958: Estimating Treatment-Effect Heterogeneity Across Sites, in Multi-Site Randomized Experiments with Few Units per Site

Antoine Deeb and Clement de Chaisemartin

21957: Do Immigrants Impact Local Public Finances? Evidence from Belgium

Simona Fiore, Jerome Gonnot and Anna Maria Mayda

21956: Terra Incognita: The Economics of a Shrinking World

Fernández-Villaverde, Jesús and Patrick Norrick

21955: Innovation, Business Cycles, and the Climate Transition

Känzig, Diego, Maximilian Konradt, Lixing Wang and Donghai Zhang

21954: Pricing Cars Off the Road: E-bike Substitution and Welfare Gains from Transport Pricing

Jakob Roth, Laura Schwab, Beat Hintermann, Götschi, Thomas, Adrian Meister, Lucas Meyer de Freitas and Kay Axhausen

21953: The Political Foundations of Industrial Policy: Emergence, Endurance, and Exhaustion

Lottie Field, Juhász, Réka and Michele Zampa

21952: A Proposal for Enabling and Operating Power Systems with High Shares of Renewable Energy

Sebastian Fleitas, Igal E Hendel and Ramon Mendez Galain

21951: Politics-driven Market Access and Its Cost: Evidence from China’s Grand Canal

Ying Bai, Xiaoyu Bian and Ruixue Jia

21950: Inheritance Customs and the European Marriage Pattern

Matthew Curtis, Paula Eugenia Gobbi, Goñi, Marc and Joanne Haddad

21949: The China Shock in World Markets: Chinese Competition and German Exporters

Philip Bodenschatz, Peter Egger and Arne Nagengast

21948: The Remains of the Trade: The U.S.-China Trade War and its Aftermath

Pol Antrà s, Adrian Kulesza and Andrea Presbitero

21947: Home Bias in Early Labor Location Choices: Does University Location Matter?

Díez-Rituerto, Marina, Javier Gardeazabal, Nagore Iriberri and Pedro Rey Biel

21946: Assessing Hypothetical Scenarios for Estimating Labor Supply Responses: Evidence from a Pension Reform

Fuchs-Schündeln, Nicola, Jonas Jessen, Pinchuan Ong and Jessica Pan

21945: Individual-Level Inequality

Laurens Cherchye, Bram De Rock and Frederic Vermeulen

21944: The Macroeconomic Effect of AI: Sizing the Software Engineering Channel

Alex Blumenfeld, Jonathon Hazell, Chen Lian and Andreas Schaab

21943: Macroeconomics of War and Recovery

Hippolyte Balima, Colombe Ladreit, Andresa Helena Lagerborg, Flavien Moreau, Andrea Presbitero and Evgenia Weaver

21942: Subsidizing the Unknown: The Hidden Trade-offs in Europe's AI Support Schemes

Diemo Dietrich, Thomas Gehrig and Rune Stenbacka

21941: The Macroeconomic Effect of Stimulus Checks: Evidence from Postwar Veterans’ Payments

Joao Guerreiro, Jonathon Hazell, Känzig, Diego and Edward Manuel

21940: Measuring Economic Uncertainty and Its Effects on Investment and Employment: Evidence from Greece

Georgios Gatopoulos, Alexandros Louka, Arsenios-Georgios Prelorentzos, Evangelia Valavanioti and Nikolaos Vettas

21939: Economic Scenarios for Transformative AI

Anton Korinek, Chad Jones, Szymon Sacher, Tess Cotter and Peter McCrory

21938: Markups and Mergers in the US Hospital Industry

Jan De Loecker and Sebastian Fleitas

21937: Expectations-Based Capital Inflow Shocks

Jongrim Ha, Dohan Kim, M. Ayhan Kose and Francis Warnock

21936: The Demographic Impact of Leadership: Mayoral Education and COVID-19 Excess Mortality in Italy

Francesco Mattioli, Alessandra Minello and Tommaso Nannicini

21935: So Far Away? Hiring Discrimination against Female Commuters

Sascha O. Becker, Ana Fernandes, Nurlan Lalayev and Doris Weichselbaumer

21934: Causal State-Dependent Local Projections

Joel David, Raffaella Giacomini, Xiyu Jiao and Weining Wang

21933: Price Gaps and Inflation Dynamics

Miguel Bandeira, Laura Castillo-Martinez and Shiyuan Wang

21932: Time Costs and Behaviour Across Participant Pools

Gonçalves, Duarte, Julen Zarate-Pina and Terri Kneeland

21931: Designing Low Emission Zones: Theory and Evidence

Nano Barahona, Natalia Fabra, Imelda Imelda and Juan Pablo Montero

21930: Ambiguous Attribution: Theory and Evidence

Ricardo Alonso, Monica Martinez-Bravo, Gerard Padro i Miquel, Carlos Sanz and Silvia Vannutelli

21929: Populist Rule and the Formation of Zero-Sum Beliefs

Nicolas Ajzenman, Cevat Giray Aksoy and Harry Pickard

21928: A Nation of Emigrants: Transatlantic Emigration and Italian National Identity

Davide Coluccia, Giampaolo Lecce and Laura Ogliari

21927: Migration, Identity and Political Economy in a Globalizing World

Vasiliki Fouka and Marco Tabellini

21926: Expected Utility Maximization and the Optimal Portfolio of Risky Assets

Karl Whelan

21925: The Fiscal Implications of Parallel Currencies

Saleem Bahaj and Ricardo Reis

21924: The Monetization of Innovation

Missaka Warusawitharana and Francesca Zucchi

21923: Optimal Belief Equilibrium

Jeanne Hagenbach and Koessler, Frédéric

21922: Firm Pay and Consumption Inequality

Sigurd Galaasen, Kostøl, Andreas and Mike Simmons

21921: The United States and Its Creditors: Assessing Foreign Demand for U.S. Assets

Anusha Chari and Gian Maria Milesi-Ferretti

21920: Immigration and Child Mortality During the Age of Mass Migration

Katherine Eriksson, Peter Z. Lin and Gregory Niemesh

21919: Digital (Killer?) Acquisitions

Florian Ederer, Regina Seibel and Timothy S. Simcoe

21918: Expectations and the Term Structure of Interest Rates

Pooya Molavi, Alireza Tahbaz-Salehi and Andrea Vedolin

21917: Beyond the Facts: Familiarity, Credibility, and Persuasion

Evangelos Dioikitopoulos, Rigissa Megalokonomou, Tommaso Sartori and Yves Zenou

21916: Social Comparison and Young Adult Mental Health with Endogenous Network Formation

Junwei Fan, Santiago Montoya-Blandon and Eugenio Proto

21915: Employment Protection Reforms: From Firm-Level Effects to Aggregate Outcomes

Pierre Cahuc, Pauline Carry, Franck Malherbet and Pedro Martins

21914: Rain Follows the Forest: Land Use Policy, Climate Change, and Adaptation

Florian Grosset-Touba, Anna Papp and Charles A. Taylor

21913: Local Methods for Large Transfers

Christian Bayer, Luigi-Maria Briglia, Ralph Luetticke, Maximilian Weiß and Yannik Winkelmann

21912: Fiscal Policy and the Saving Glut of the Rich

Francesco Bianchi, Leonardo Melosi, Ceneri, Nicoló and Alessandro Villa

21911: Consumption Anchors Stock Prices

Carlo A. Favero, Alessandro Melone, Sean Myers and Andrea Tamoni

21910: Innovation, Diffusion through Technology Standards and the Value of the Firm

Antonin Bergeaud, Julia Schmidt and Riccardo Zago

21909: Decomposing Cyclical Grocery Prices: Store and Household Responses

Thor Andreas Aursland, Richard Friberg, Frode Steen and Simen Ulsaker

21908: An Empirically-Grounded Theory of Voting Based on Prosocial Motives

Dan Bernhardt, Laurent Bouton, Stefan Krasa and Francesco Squintani

21907: Hey, Governors, Leave Them Kids Alone: Political Influence During Childhood

Gianmarco Daniele, Sergio Galletta, Marco Le Moglie and Federico Masera

21906: Male Dominance and Cultural Extinction

Eleonora Guarnieri and Ana Tur-Prats

21905: Off-Path Beliefs

Gonçalves, Duarte, Terri Kneeland and Andreas G. B. Ziegler

21904: A General Randomized Test for Alpha

Daniele Massacci, Lucio Sarno, Lorenzo Trapani and Pierluigi Vallarino

21903: Beyond Optimization and Blind Selection: Reflexive Agency in Economic Evolution

Dennis Snower

21902: Hidden Debt Revelations

Sebastian Horn, David Mihalyi, Philipp Nickol and Cesar Sosa-Padilla

21901: Swap and Save: How a Button Shapes Lasting Online Grocery Shopping Behavior

Gonzálvez, Rubén, Xiaolin Li, Sarit Weisburd and Xinrong Zhu

21900: The Limits of Verifiability: Credibility and Flexibility in Communication

Alessandro Lizzeri, Yichuan Lou and Jacopo Perego

21899: Powering the Energy Transition: Progress and Challenges

Natalia Fabra and Mar Reguant

21898: Financing Property Rights: Fee-Financed Registration and Unequal Formalisation in Spain, 1845–1935

Juan Carmona and Rosés, Joan R.

21897: When Microenterprises Grow, Are Consumers Better Off? Evidence from Large Loans to Microenterprises in Chile

Dean Karlan, Natalia Rigol and Benjamin N. Roth

21896: What the History of (New) Jobs Can Tell Us About the Impact of Technological Change on Employment

William Skoglund, Jakob Molinder and Kerstin Enflo

21895: Educating like China

Federica Coelli, Difei Ouyang, Weidi Yuan and Yuan Zi

21894: Canaries in the Gold Mine: Early Productivity Gains from Artificial Intelligence Creating Organization Capital

Tania Babina, Alex He and Renhao Jiang

21893: Neonatal Health and Long-Term Outcomes: Twin-Based Evidence From Linked Scandinavian Registers

Björkegren, Evelina, Bütikofer, Aline, Gabriella Conti, Marten Palme and Kjell G Salvanes

21892: Democratizing Private Markets: Equilibrium Predictions

Pástor, Luboš, Robert F. Stambaugh and Lucian Taylor

21891: Tracking Inequality: Teachers and the Allocation of Educational Opportunities

Michela Carlana, Francesca Miserocchi and Eleonora Patacchini

21890: Transplanting Company Law: Shareholder Protection in the Cape Colony

Philip Fliers, Lloyd Maphosa and John Turner

21889: What Work Does Generative AI Do?

Alexander Bick, Adam Blandin, David Deming and Tyler Schumacher

21888: When the Middle Class Undermines Progress: The Political Economy of AI Regulation

Anna Denisenko and Konstantin Sonin

21887: Subjective Expectations of Husbands and Wives and Couples’ Decision-Making Under Uncertainty

Aureo de Paula and Christine Valente

21886: The Allocative Cost of War: A View to a Kill…ing of Productivity

Marvin Amann, Yuriy Gorodnichenko and Oleksandr Talavera

21885: Fluctuations in the Treasury General Account and their effect on the Fed’s balance sheet

Vissing-Jørgensen, Annette

21884: Downton Revisited: Income Shocks and Aristocratic Marriage Markets, 1840–1913

Mark Taylor

21883: Activation Costs, Fair Value, and Real Exchange Rate Adjustment

Mark Taylor

21882: Training Novices to Think, or Giving Them LLMs? Evidence from an RCT

Hemath Asirvatham, Chiara Betti, Rachel Brown, Arnaldo Camuffo, Aaron Chatterji, Chiara Fumagalli, Alfonso Gambardella, Myriam Mariani, Abhinav Pandey, Steve Ramos, Giovanni Salvucci and Vladimir Simic

21881: Beyond the Smokestack: Supply Chains and the Industrial Incidence of Net Zero

Eric Jondeau, Côme Poirier and Gauthier Vermandel

21880: A Deep Case for Shallow Integration

John Becko and Arnaud Costinot

21879: Differing environmental preferences, fiscal competition, and taxation of goods and pollution

Chiara Canta, Helmuth Cremer and Firouz Gahvari

21878: A Model of Global Firms and Capital Markets

Loukas Karabarbounis, Bruno Pellegrino and Juliana Salomao

21877: What the Iran War Teaches Us about the Price Elasticity of Oil Supply

Lutz Kilian and Kunal Patel

21876: Productivity and Inflation Dynamics

Maria Ludovica Ambrosino, Jenny Chan and Silvana Tenreyro

21875: To Tax or To Ax? Marginal Tax and Spending Multipliers in Consolidations

Roberto Perotti and Luca Sala

21874: This Time Is (Mostly) Different: U.S. Tightening Cycles and Global Resilience in the 1980s vs 2020s

Drishan Banerjee, Galina Hale and Harrison Shieh

21873: Market Power, Growth, and Wealth Inequality

Giammario Impullitti and Pontus Rendahl

21872: Immiserizing Automation

Vladimir Asriyan, Hugo Reichardt and Sandro Shelegia

21871: Firm Productivity and the Internal-Versus-External Hiring Decision

Ricardo Alonso, Jed DeVaro, Antti Kauhanen and Nelli Valmari

21870: Cultural Evolution

Oded Galor, Marc Klemp and Daniel C. Wainstock

21869: Paying Not to Know: News Avoidance in Times of War

Ro'ee Levy, Moses Shayo and Guy Yanay

21868: News Consumption in the Digital Age

Francesco Capozza, Ingar Haaland, Christopher Roth and Johannes Wohlfart