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.
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- 11477: Non-equilibrium Play in Centipede Games

- Bernardo Garcia-Pola, Nagore Iriberri and Jaromír Kovářík
- 11476: Investor-Stock Decoupling in Mutual Funds

- Miguel Ferreira, Massimo Massa and Pedro Pinto Matos
- 11475: The Impact of Sin Culture: Evidence from Earning Management and Alcohol Consumption in China

- Zhe Li, Massimo Massa, Niahang Xu and Hong Zhang
- 11474: Culture vs. Bias: Can Social Trust Mitigate the Disposition Effect?

- Jennifer Li, Massimo Massa and Hong Zhang
- 11473: Adjusting to The Information Environment: News Tangibility and Mutual Fund Performance

- Oleg Chuprinin, Gaspar, Sérgio and Massimo Massa
- 11472: When is Good News Not Good News? Opening Up the Black Box of Innovation for Family Firms

- Po-Hsuan Hsu, Sterling Huang, Massimo Massa and Hong Zhang
- 11471: Who is afraid of BlackRock?

- Massimo Massa, David Schumacher and Yan Wang
- 11470: Busted! Now What? Effects of Cartel Enforcement on Firm Value and Corporate Policies

- Ailin Dong, Massimo Massa and Alminas Zaldokas
- 11469: A Dynamic Equilibrium Model of ETFs

- Semyon Malamud
- 11468: Market Integration and Global Crashes

- Semyon Malamud and Aytek Malkhozov
- 11467: Reflections on the natural rate of interest, its measurement, monetary policy and the zero lower bound

- Alex Cukierman
- 11466: Dynamic Leverage Asset Pricing

- Tobias Adrian, Emanuel Moench and Hyun Song Shin
- 11465: The Effect of Gender-Targeted Conditional Cash Transfers on Household Expenditures: Evidence from a Randomized Experiment

- Alex Armand, Orazio Attanasio, Pedro Carneiro and Lechene, Valérie
- 11464: Gender and Agency within the Household: Experimental Evidence from Pakistan

- Uzma Afzal, Giovanna d Adda, Marcel Fafchamps and Farah Said
- 11463: The Marginal Voter's Curse

- Helios Herrera, Aniol Llorente-Saguer and Joseph McMurray
- 11462: The Economic Impact of Universities: Evidence from Across the Globe

- Anna Valero and John van Reenen
- 11461: New Methods for Macro-Financial Model Comparison and Policy Analysis

- Volker Wieland, Elena Afanasyeva, Meguy Kuete and Jinhyuk Yoo
- 11460: What makes governments popular?

- Sergei Guriev and Daniel Treisman
- 11459: The Political Economy of Debt and Entitlements

- Laurent Bouton, Alessandro Lizzeri and Nicola Persico
- 11458: Meta-Analysis and Public Policy: Reconciling the Evidence on Deworming

- Kevin Croke, Joan Hamory Hicks, Eric Hsu, Michael Kremer, Ricardo Maertens, Edward Miguel and Więcek, Witold
- 11457: A Model of Biased Intermediation

- Alexandre de Cornière, and Greg Taylor
- 11456: Intergenerational wealth mobility and the role of inheritance: Evidence from multiple generations

- Adrian Adermon, Mikael Lindahl and Waldenström, Daniel
- 11455: Expected skewness and momentum

- Heiko Jacobs, Tobias Regele and Martin Weber
- 11454: Multinational Firms and International Business Cycle Transmission

- Javier Cravino and Andrei Levchenko
- 11453: Understanding Bank Payouts during the Crisis of 2007-2009

- Peter Cziraki, Christian Laux and Lóránth, Gyöngyi
- 11452: Networks: An economic perspective

- Matthew Jackson, Brian Rogers and Yves Zenou
- 11451: Can Countries Rely on Foreign Saving for Investment and Economic Development?

- Eduardo Cavallo, Barry Eichengreen and Ugo Panizza
- 11450: The Alma Mater Effect. Does Foreign Education of Political Leaders Influence Foreign Policy?

- Axel Dreher and Shu Yu
- 11449: Monopolistic competition without apology

- Jacques Thisse and Philip Ushchev
- 11448: Political Foundations of the Lender of Last Resort: A Global Historical Narrative

- Charles Calomiris, Marc Flandreau and Luc Laeven
- 11447: Protocol Invariance and the Timing of Decisions in Dynamic Games

- Ulrich Doraszelski and Juan Escobar
- 11446: Aspirations and the Political Economy of Inequality

- Timothy Besley
- 11445: Israel and the 1990-2015 Global Developments: Riding with the Global Flows and Weathering the Storms

- Assaf Razin and Steven Rosefielde
- 11444: The I Theory of Money

- Markus Brunnermeier and Yuliy Sannikov
- 11443: Information transmission and ownership consolidation in aid programs

- Axel Dreher, Sarah Langlotz and Silvia Marchesi
- 11442: Blockholders: A Survey of Theory and Evidence

- Alex Edmans and Clifford Holderness
- 11441: Choice and Competition in Public Service Provision

- Timothy Besley and James Malcomson
- 11440: Eigenvalue Ratio Estimators for the Number of Common Factors

- Maddalena Cavicchioli, Mario Forni, Marco Lippi and Paolo Zaffaroni
- 11439: Distinctively Different: A New Approach to Valuing Architectural Amenities

- Gabriel Ahlfeldt and Nancy Holman
- 11438: Subsidies and Myopia in Technology Adoption: Evidence from Solar Photovoltaic Systems

- Olivier De Groote and Frank Verboven
- 11437: Marketmaking Middlemen

- Pieter Gautier, Bo Hu and Makoto Watanabe
- 11436: Labor Supply Shocks, Native Wages, and the Adjustment of Local Employment

- Christian Dustmann, Schönberg, Uta and Jan Stuhler
- 11435: Income Distribution and Aggregate Saving: A Non-Monotonic Relationship

- Peter Bofinger and Philipp Scheuermeyer
- 11434: Does Rosie Like Riveting? Male and Female Occupational Choices

- Grace Lordan and Jorn-Steffen Pischke
- 11433: Negative Interest Rate Policies: Sources and Implications

- Carlos Arteta, Ayhan Kose, Marc Stocker and Temel Taskin
- 11432: The Case for Flexible Exchange Rates in a Great Recession

- Giancarlo Corsetti, Keith Kuester and Müller, Gernot
- 11431: The curse of long horizons

- V Bhaskar and George Mailath
- 11430: Temporary Jobs and the Severity of Workplace Accidents

- Matteo Picchio and Jan C. van Ours
- 11429: Firm Response to Competitive Shocks: Evidence from China's Minimum Wage Policy

- Harald Hau, Yi Huang and Gewei Wang
- 11428: Expectations, Stagnation and Fiscal Policy

- George Evans, Seppo Honkapohja and Kaushik Mitra
- 11427: Six Centuries of British Economic Growth: a Time-Series Perspective

- Nicholas Crafts and Terence Mills
- 11426: Court Efficiency and Procurement Performance

- Decio Coviello, Luigi Moretti, Giancarlo Spagnolo and Paola Valbonesi
- 11425: Do cognitive skills Impact Growth or Levels of GDP per capita?

- Zvi Eckstein, Assaf Sarid and Tamir, Yuli (Yael)
- 11424: Time-poor, working, super-rich

- Giacomo Corneo
- 11423: Competition, Product Proliferation and Welfare: A Study of the U.S. Smartphone Market

- Ying Fan and Chenyu Yang
- 11422: A clash of generations? Increase in Retirement Age and Labor Demand for Youth

- Pietro Garibaldi, Tito Boeri and Espen Moen
- 11421: A Unified Approach to Estimating Demand and Welfare

- Stephen Redding and David Weinstein
- 11420: Banking the Unbanked? Evidence from three countries

- Pascaline Dupas, Dean Karlan, Jonathan Robinson and Diego Ubfal
- 11419: Cultural Transmission and Socialization Spillovers in Education

- Carlo Leone Del Bello, Fabrizio Panebianco, Thierry Verdier and Yves Zenou
- 11418: Wage Flexibility and Employment Fluctuations: Evidence from the Housing Sector

- Jorn-Steffen Pischke
- 11417: CEO Incentives: Measurement, Determinants, and Impact on Performance

- Lin Peng, Röell, Ailsa and Hongfei Tang
- 11416: The Inherent Benefit of Monetary Unions

- Dominik Groll and Tommaso Monacelli
- 11415: Understanding the Sources of Macroeconomic Uncertainty

- Barbara Rossi, Tatevik Sekhposyan and Soupré, Mattheiu
- 11414: Newspapers in Times of Low Advertising Revenues

- Charles Angelucci and Julia Cagé
- 11413: On the Distribution of the Welfare Losses of Large Recessions

- Dirk Krueger, Kurt Mitman and Fabrizio Perri
- 11412: The Design and Price of Information

- Dirk Bergemann, Alessandro Bonatti and Alex Smolin
- 11411: Competitive Schools and the Gender Gap in the Choice of Field of Study

- Fanny Landaud, Son Thierry Ly and Eric Maurin
- 11410: Assessing the Non-Linear Effects of Credit Market Shocks

- Régis Barnichon, Christian Matthes and Alexander Ziegenbein
- 11409: The FinTech Opportunity

- Thomas Philippon
- 11408: Runs versus Lemons: Information Disclosure and Fiscal Capacity

- Miguel Faria e castro, Joseba Martinez and Thomas Philippon
- 11407: Household Leverage and the Recession

- Virgiliu Midrigan and Thomas Philippon
- 11406: When Do Laws and Institutions Affect Recovery Rates on Collateral?

- Hans Degryse, Vasso Ioannidou, Jose Maria Liberti and Jason Sturgess
- 11405: Challenges for Central Banks' Macro Models

- Lindé, Jesper, Frank Smets and Raf Wouters
- 11404: Fiscal Consolidation Under Imperfect Credibility

- Matthieu Lemoine and Lindé, Jesper
- 11403: How do regulated and unregulated labor markets respond to shocks? Evidence from immigrants during the Great Recession

- Sergei Guriev, Biagio Speciale and Michele Tuccio
- 11402: Designing Central Banks for Inflation Stability

- Pierpaolo Benigno
- 11401: Nonlinearity and Flight-to-Safety in the Risk-Return Tradeoff for Stocks and Bonds

- Tobias Adrian, Richard Crump and Erik Vogt
- 11400: Mobile-izing Savings with Automatic Contributions: Experimental Evidence on Present Bias and Default Effects in Afghanistan

- Joshua Blumenstock, Michael Callen and Tarek Ghani
- 11399: Production Function Estimation with Measurement Error in Inputs

- Allan Collard-Wexler and Jan De Loecker
- 11398: Innovation, Pricing and Targeting in Networks

- Fabrizio Panebianco, Thierry Verdier and Yves Zenou
- 11397: Competitive Effects of Partial Control in an Input Supplier

- Duarte Brito, Luis Cabral and Helder Vasconcelos
- 11396: Diversity and Employment Prospects: Neighbors Matter!

- Hémet, Camille and Clément Malgouyres
- 11395: Input Reallocation Within Firms

- Hylke Vandenbussche and Christian Viegelahn
- 11394: Monetary Policy, Financial Conditions, and Financial Stability

- Tobias Adrian and Nellie Liang
- 11393: Sources of Change in the Life-Cycle Decisions of American Men and Women: 1962-2014

- Zvi Eckstein, Michael Keane and Osnat Lifshitz
- 11392: The Role of Auctions and Negotiation in Housing Prices

- David Genesove and James Hansen
- 11391: Forecast Rationality Tests in the Presence of Instabilities, With Applications to Federal Reserve and Survey Forecasts

- Barbara Rossi and Tatevik Sekhposyan
- 11390: FROM LATE TO MTE: ALTERNATIVE METHODS FOR THE EVALUATION OF POLICY INTERVENTIONS

- Thomas Cornelissen, Christian Dustmann, Anna Raute and Schönberg, Uta
- 11389: Product Mix and Firm Productivity Responses to Trade Competition

- Thierry Mayer, Marc Melitz and Gianmarco Ottaviano
- 11388: In-sample Inference and Forecasting in Misspecified Factor Models

- Marine Carrasco and Barbara Rossi
- 11387: Inherited Wealth and Demographic Aging

- Harun Onder and Pierre Pestieau
- 11386: Job Creation in a Multi-Sector Labor Market Model for Developing Economies

- Arnab Basu, Nancy Chau, Gary Fields and Ravi Kanbur
- 11385: CEO PAY AND THE RISE OF RELATIVE PERFORMANCE CONTRACTS: A QUESTION OF GOVERNANCE?

- Brian Bell and John van Reenen
- 11384: Redistribution of Local Demand Shocks through Firms' Internal Networks

- Xavier Giroud and Holger Mueller
- 11383: Fiscal Implications of Central Bank Balance Sheet Policies

- Athanasios Orphanides
- 11382: The New Keynesian Transmission Mechanism: A Heterogenous-Agent Perspective

- Tobias Broer, Niels-Jakob Hansen, Per Krusell and Öberg, Erik
- 11381: QE in the future: the central bank’s balance sheet in a fiscal crisis

- Ricardo Reis
- 11380: Bank Regulation, CEO Compensation, and Boards

- Julian Kolm, Christian Laux and Lóránth, Gyöngyi
- 11379: Can Agents with Causal Misperceptions be Systematically Fooled?

- Ran Spiegler
- 11378: Information Frictions and Market Power: A Laboratory Study

- Anna Bayona, Jordi Brandts and Xavier Vives
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