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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..

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12994: Bank Lending in the Knowledge Economy Downloads
Giovanni DellAriccia, Dalida Kadyrzhanova, Ratnovski Lev and Camelia Minoiu
12993: Uncertain altruism and non-linear long-term care policies Downloads
Chiara Canta and Helmuth Cremer
12992: Torn Apart? The Impact of Manufacturing Employment Decline on Black and White Americans Downloads
Eric D Gould
12991: Are Rushed Privatizations Substandard? Analyzing Firm-level Privatization under Fiscal Pressure Downloads
Jan Hagemejer, Jan Svejnar and Joanna Tyrowicz
12990: Financing the War on Cancer Downloads
Ralph Koijen and Stijn van Nieuwerburgh
12989: Measuring Unfair Inequality: Reconciling Equality of Opportunity and Freedom from Poverty Downloads
Paul Hufe, Ravi Kanbur and Andreas Peichl
12988: Behavioral Industrial Organization Downloads
Paul Heidhues and Botond Köszegi
12987: Human Capital Formation during the First Industrial Revolution: Evidence from the Use of Steam Engines Downloads
Alexandra de Pleijt, Alessandro Nuvolari and Jacob Weisdorf
12986: Optimal Dynamic Matching Downloads
Mariagiovanna Baccara, SangMok Lee and Leeat Yariv
12985: Choked by Red Tape? The Political Economy of Wasteful Trade Barriers Downloads
Giovanni Maggi, Monika Mrázová and J Peter Neary
12984: Trust and Delegated Investing: A Money Doctors Experiment Downloads
Maximilian Germann, Benjamin Loos and Martin Weber
12983: How EU Markets Became More Competitive Than US Markets: A Study of Institutional Drift Downloads
German Gutierrez and Thomas Philippon
12982: The Money View Versus the Credit View Downloads
Sarah Baker, J David López-Salido and Edward Nelson
12981: Optimal Inflation and the Identification of the Phillips Curve Downloads
Michael McLeay and Silvana Tenreyro
12980: Instrumental Variables in the Long Run Downloads
Gregory Casey and Marc Klemp
12979: Financial Incentives and Earnings of Disability Insurance Recipients: Evidence from a Notch Design Downloads
Philippe Ruh and Stefan Staubli
12978: What is a foreign firm? Implications for productivity spillovers Downloads
Lisbeth La Cour, Sara McGaughey and Pascalis Raimondos
12977: Economic Shocks and Internal Migration Downloads
Joan Monras
12976: Sovereign Default in a Monetary Union Downloads
Sergio de Ferra and Federica Romei
12975: Forced Migration and Human Capital: Evidence from Post-WWII Population Transfers Downloads
Sascha O. Becker, Irena Grosfeld, Pauline Grosjean, Nico Voigtländer and Ekaterina Zhuravskaya
12974: Automation and Unemployment: Help is on the Way Downloads
Hideki Nakamura and Joseph Zeira
12973: International Currencies and Capital Allocation Downloads
Matteo Maggiori, Brent Neiman and Jesse Schreger
12972: Accounting for Mismatch Unemployment Downloads
Benedikt Herz and Thijs van Rens
12971: Model-Free International Stochastic Discount Factors Downloads
Paula Mirela Sandulescu, Fabio Trojani and Andrea Vedolin
12970: Central Bank Communication and the Yield Curve Downloads
Matteo Leombroni, Andrea Vedolin, Gyuri Venter and Paul Whelan
12969: Global financial cycles and risk premiums Downloads
Óscar Jordá, Moritz Schularick, Alan M. Taylor and Felix Ward
12968: Monetary Policy Analysis when Planning Horizons are Finite Downloads
Michael Woodford
12967: Price stickiness along the income distribution and the effects of monetary policy Downloads
Javier Cravino, Ting Lan and Andrei Levchenko
12966: Open Rule Legislative Bargaining Downloads
Hans Gersbach and Britz Volker
12965: The term structure of redenomination risk Downloads
Christian Bayer, Chi Kim and Alexander Kriwoluzky
12964: Revenue Guarantee Equivalence Downloads
Dirk Bergemann, Benjamin A Brooks and Stephen Morris
12963: All-Pay Oligopolies: Price Competition with Unobservable Inventory Choices Downloads
João Montez and Nicolas Schutz
12962: Taxes and Growth: New Narrative Evidence from Interwar Britain Downloads
James Cloyne, Nicholas Dimsdale and Natacha Postel-Vinay
12961: The Role of Technology in Mortgage Lending Downloads
Andreas Fuster, Matthew Plosser, Philipp Schnabl and James Vickery
12960: Fiscal Multipliers and Foreign Holdings of Public Debt Downloads
Fernando A Broner, Daragh Clancy, Aitor Erce and Alberto Martín
12959: New Directions in Measuring Intergenerational Mobility Downloads
Maia Güell, José Vicente Rodríguez Mora and Gary Solon
12958: Structural Estimation of a Model of School Choices: the Boston Mechanism vs. Its Alternatives Downloads
Caterina Calsamiglia, Chao Fu and Maia Güell
12957: Myths and Numbers on Whistleblower Rewards Downloads
Theo Nyrerod and Giancarlo Spagnolo
12956: The Lost Human Capital: Teacher Knowledge and Student Learning in Africa Downloads
Tessa Bold, Deon Filmer, Ezequiel Molina and Jakob Svensson
12955: Determining the Extent of Statistical Discrimination: Evidence from a field experiment in India Downloads
Asadul Islam, Debayan Pakrashi, Liang Choon Wang and Yves Zenou
12954: Currency Unions, Trade, and Heterogeneity Downloads
Natalie Chen and Dennis Novy
12953: Who Benefits From Productivity Growth? Direct and Indirect Effects of Local TFP Growth on Wages, Rents, and Inequality Downloads
Richard Hornbeck and Enrico Moretti
12952: The Optimum Quantity of Capital and Debt Downloads
Ömer Acikgöz, Marcus Hagedorn, Hans Holter and Yikai Wang
12951: Uncertainty and Hyperinflation: European Inflation Dynamics after World War I Downloads
Jose A Lopez and Kris James Mitchener
12950: Banking on Deposits: Maturity Transformation without Interest Rate Risk Downloads
Itamar Drechsler, Alexi Savov and Philipp Schnabl
12949: Big Data, artificial intelligence and the geography of entrepreneurship in the United States Downloads
Tobias Ebert, Johannes C. Eichstaedt, Neil Lee, Martin Obschonka and Andrés Rodríguez-Pose
12948: Advertising as a reminder: Evidence from the Dutch State Lottery Downloads
Chen He and Tobias Klein
12947: The Cultural Divide Downloads
Klaus Desmet and Romain Wacziarg
12946: Managerial Spillovers in Project Selection Downloads
Alejandro Francetich and Alfonso Gambardella
12945: Retail Discrimination in Search Markets Downloads
Maarten Janssen
12944: Global Crises and Populism: the Role of Eurozone Institutions Downloads
Luigi Guiso, Helios Herrera, Massimo Morelli and Tommaso Sonno
12943: The Real Exchange Rate, Innovation and Productivity: Regional Heterogeneity, Asymmetries and Hysteresis Downloads
Laura Alfaro, Alejandro Cunat, Harald Fadinger and Yanping Liu
12942: Geography, Ties, and Knowledge Flows: Evidence from Citations in Mathematics Downloads
Keith Head, Yao Li and Asier Minondo
12941: Accountability, Political Capture and Selection into Politics: Evidence from Peruvian Municipalities Downloads
Gianmarco León
12940: Misfits in the car industry: Offshore assembly decisions at the variety level Downloads
Keith Head and Thierry Mayer
12939: Negotiating a Better Future: How Interpersonal Skills Facilitate Inter-Generational Investment Downloads
Nava Ashraf, Natalie Bau, Corinne Low and Kathleen McGinn
12938: Dynamic Legislative Bargaining with Veto Power: Theory and Experiments Downloads
Salvatore Nunnari
12937: Leaning Against Housing Prices as Robustly Optimal Monetary Policy Downloads
Klaus Adam and Michael Woodford
12936: Price Customization and Targeting in Platform Markets Downloads
Renato Gomes and Alessandro Pavan
12935: Pauvreté, Egalité, Mortalité: Mortality (In)Equality in France and the United States Downloads
Janet Currie, Hannes Schwandt and Josselin Thuilliez
12934: Specification tests for non-Gaussian maximum likelihood estimators Downloads
Gabriele Fiorentini and Enrique Sentana
12933: Foreign Currency Bank Funding and Global Factors Downloads
Signe Krogstrup and Cédric Tille
12932: Corporate Profit Taxes, Capital Expenditure and Real Wages: The analytics behind a contentious debate Downloads
Willem H. Buiter and Anne Sibert
12931: Does Public Debt Crowd Out Corporate Investment? International Evidence Downloads
Yi Huang, Ugo Panizza and Richard Varghese
12930: Sufficient Statistics for Unobserved Heterogeneity in Structural Dynamic Logit Models Downloads
Victor Aguirregabiria, Jiaying Gu and Yao Luo
12929: Working Moms, Childlessness, and Female Identity Downloads
Andreas Steinhauer
12928: Being Stranded on the Carbon Bubble? Climate Policy Risk and the Pricing of Bank Loans Downloads
Kathrin de Greiff, Manthos Delis and Steven Ongena
12927: Communication with Evidence in the Lab Downloads
Jeanne Hagenbach and Eduardo Perez-Richet
12926: Estimating Latent Asset-Pricing Factors Downloads
Martin Lettau and Markus Pelger
12925: Employer Power, Labor Saving Technical Change, and Inequality Downloads
Nancy H Chau and Ravi Kanbur
12924: Price-cost tests and loyalty discounts Downloads
Giacomo Calzolari and Vincenzo Denicolò
12923: Come Together: Firm Boundaries and Delegation Downloads
Laura Alfaro, Nicholas Bloom, Paola Conconi, Harald Fadinger, Patrick Legros, Andrew Newman, Raffaella Sadun and John van Reenen
12922: Cascading Failures in Production Networks Downloads
David Baqaee
12921: The Dynamics of Sovereign Debt Crises and Bailouts Downloads
Francisco Roch and Harald Uhlig
12920: Well-being Inequality in the Long Run Downloads
Leandro Prados de la Escosura
12919: Changing the Structure of Minimum Wages: Firm Adjustment and Wage Spillovers Downloads
Giulia Giupponi and Stephen Machin
12918: One Way to the Top: How Services Boost the Demand for Goods Downloads
Andrea Ariu, Florian Mayneris and Mathieu Parenti
12917: Spatial competition and quality: Evidence from the English family doctor market Downloads
Hugh Gravelle, Dan Liu, Carol Propper and Rita Santos
12916: Hysteresis and the Welfare Effect of Corrective Policies: Theory and Evidence from an Energy-Saving Program Downloads
Francisco Costa and Francois Gerard
12915: Statistical Discrimination and Affirmative Action in the Lab Downloads
Ahrash Dianat, Federico Echenique and Leeat Yariv
12914: Nonlinear Incentives and Advisor Bias Downloads
Roman Inderst
12913: The Rise of Shadow Banking: Evidence from Capital Regulation Downloads
Rustom M Irani, Rajkamal Iyer, Ralf Meisenzahl and Jose-Luis Peydro
12912: Housing Constraints and Spatial Misallocation Downloads
Chang-Tai Hsieh and Enrico Moretti
12911: Inference in Structural Vector Autoregressions When the Identifying Assumptions are Not Fully Believed: Re-evaluating the Role of Monetary Policy in Economic Fluctuations Downloads
Christiane Baumeister and James Hamilton
12910: Fading Choice: Transport Costs and Variety in Consumer Goods Downloads
Jan Willem Gunning, Pramila Krishnan and Andualem Telaye Mengistu
12909: Ancestral characteristics of modern populations Downloads
Paola Giuliano and Nathan Nunn
12908: Does the framing of patient cost-sharing incentives matter? The effects of deductibles vs. no-claim refunds Downloads
Arthur Hayen, Tobias Klein and Martin Salm
12907: How Hard Is It to Maximise Profit? Evidence from a 19-th Century Italian State Monopoly Downloads
Carlo Ciccarelli, Gianni De Fraja and Silvia Tiezzi
12906: Asymmetric Inflation Expectations, Downward Rigidity of Wages, and Asymmetric Business Cycles Downloads
David Baqaee
12905: An Aggregative Games Approach to Merger Analysis in Multiproduct-Firm Oligopoly Downloads
Volker Nocke and Nicolas Schutz
12904: Sales Performance and Social Preferences Downloads
Andrea Essl, Michael Kosfeld, Markus Kröll and Frauke Von Bieberstein
12903: Fiscal and Monetary Regimes: A Strategic Approach Downloads
Jean Barthélemy and Guillaume Plantin
12902: Market integration from measurement to economic analysis: a survey of the recent literature Downloads
Giovanni Federico
12901: Open source hardware as a profit-maximizing strategy of downstream firms Downloads
Alfonso Gambardella and Eric von Hippel
12900: Institutional Investors and Information Acquisition: Implications for Asset Prices and Informational Efficiency Downloads
Matthijs Breugem and Adrian Buss
12899: The Impact of Product Recalls on the Secondary Market:Evidence from Dieselgate Downloads
Itai Ater and Nir Yosef
12898: Forecaster (Mis-)Behavior Downloads
Tobias Broer and Alexandre Kohlhas
12897: Globalization, Government Popularity, and the Great Skill Divide Downloads
Cevat Giray Aksoy, Sergei Guriev and Daniel Treisman
12896: Time vs. State in Insurance: Experimental Evidence from Contract Farming in Kenya Downloads
Lorenzo Casaburi and Jack Willis
12895: Somatic distance, cultural affinities, trust and trade Downloads
Jacques Melitz and Farid Toubal
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