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CEPR Discussion Papers

From Centre for Economic Policy Research
33 Great Sutton Street, London EC1V 0DX, UK.

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11163: Finance, Labour, Capital, and International Integration Downloads
Giuseppe Bertola
11162: Special and Differential Treatment for Developing Countries Downloads
Emanuel Ornelas
11161: Dynamic Factor model with infinite dimensional factor space: forecasting Downloads
Mario Forni, Alessandro Giovannelli, Marco Lippi and Stefano Soccorsi
11160: Public Development Banks and Credit Market Imperfections Downloads
Marcela Eslava
11159: Globalization and Political Structure Downloads
Gino Gancia, Giacomo Ponzetto and Jaume Ventura
11158: Bargaining over Babies: Theory, Evidence, and Policy Implications Downloads
Matthias Doepke and Fabian Kindermann
11157: Endogenous Repeated Cooperation and Surplus Distribution - An Experimental Analysis Downloads
Georg Kirchsteiger, Sibilla di Guida, The Anh Han, Tom Lenaerts and Ioannis Zisis
11156: Who Trades Against Mispricing? Downloads
Mariassunta Giannetti and Bige Kahraman
11155: Board Diversity and Firm Performance Volatility Downloads
Mariassunta Giannetti and Mengxin Zhao
11154: Information Sharing and Rating Manipulation Downloads
Mariassunta Giannetti, Jose Maria Liberti and Jason Sturgess
11153: The invisible hand of the government: "Moral suasion" during the European sovereign debt crisis Downloads
Steven Ongena, Alexander Popov and Neeltje Van Horen
11152: Effective Tax Rates and Effective Progressivity in a Fiscally Decentralized Country Downloads
Marcus Roller
11151: The Purpose of Trade Agreements Downloads
Gene Grossman
11150: Systemic risk-taking at banks: Evidence from the pricing of syndicated loans Downloads
Di Gong and Wolf Wagner
11149: Secular Stagnation, Rational Bubbles and Fiscal Policy Downloads
C. N. Teulings
11148: The Impact of Trade Agreements on Consumer Welfare Downloads
Giuseppe Berlingieri, Holger Breinlich and Swati Dhingra
11147: Financial Regulation in Europe: Foundations and Challenges Downloads
Thorsten Beck, Elena Carletti and Itay Goldstein
11146: Game of zones: The political economy of conservation areas Downloads
Gabriel Ahlfeldt, Möller, Kristoffer, Sevrin Waights and Nicolai Wendland
11145: Securitisation Bubbles: Structured finance with disagreement about default correlations Downloads
Tobias Broer
11144: Growing like Spain: 1995-2007 Downloads
García-Santana, Manuel, Enrique Moral-Benito, Josep Pijoan-Mas and Roberto Ramos
11143: Risk-Sharing in Village Economies Revisited Downloads
Tessa Bold and Tobias Broer
11142: How Firms Export: Processing vs. Ordinary Trade with Financial Frictions Downloads
Kalina Manova and Zhihong Yu
11141: A comparison of nominal and indexed debt under fiscal constraints Downloads
Ed Westerhout
11140: Fiscal Councils: Rationale and Effectiveness Downloads
Roel Beetsma and Xavier Debrun
11139: University Innovation and the Professor’s Privilege Downloads
Hans Hvide and Benjamin Jones
11138: Relational Knowledge Transfers Downloads
Luis Garicano and Luis Rayo
11137: Using Preference Estimates to Customize Incentives: An Application to Polio Vaccination Drives in Pakistan Downloads
James Andreoni, Zain Chaudhry, Muhammad Khan and Charles Sprenger
11136: Do Natural Resources Influence Who Comes to Power, and How? Downloads
Maria Carreri
11135: Breaking the Spell with Credit-Easing: Self-Confirming Credit Crises in Competitive Search Economies Downloads
Ramon Marimon
11134: The long run effects of labor migration on human capital formation in communities of origin Downloads
Martine Mariotti
11133: Identifying the Discount Factor in Dynamic Discrete Choice Models Downloads
Jaap Abbring and Daljord, Øystein
11132: Bread and Bullet Downloads
George Akerlof and Dennis Snower
11131: Cooperation, Motivation and Social Balance Downloads
Steven Bosworth, Tania Singer and Dennis Snower
11130: Identity-driven Cooperation versus Competition Downloads
Dennis Snower and Steven Bosworth
11129: Currency Premia and Global Imbalances Downloads
Pasquale Della Corte, Steven Riddiough and Lucio Sarno
11128: A tale of two globalizations: gains from trade and openness 1800-2010 Downloads
Giovanni Federico and Antonio Tena Junguito
11127: Linear voting Rules Downloads
Grüner, Hans Peter and Tröger, Thomas
11126: One Mandarin Benefits the Whole Clan: Hometown Favoritism in an Authoritarian Regime Downloads
Quoc-Anh Do, Kieu-Trang Nguyen and Anh Tran
11125: Spanish Agriculture in the Little Divergence Downloads
Carlos à lvarez-Nogal, Leandro Prados de la Escosura and Carlos Santiago-Caballero
11124: Social Norms, Labor Market Opportunities, and the Marriage Gap for Skilled Women Downloads
Marianne Bertrand, Patricia Cortes, Claudia Olivetti and Jessica Pan
11123: Field Experiments on Discrimination Downloads
Marianne Bertrand and Esther Duflo
11122: Domestic and Cross-Border Auction Cycle Effects of Sovereign Bond Issuance in the Euro Area Downloads
Roel Beetsma, Massimo Giuliodori, Jesper Hanson and Frank de Jong
11121: The Post-Crisis Slump in the Euro Area and the US: Evidence from an Estimated Three-Region DSGE Model Downloads
Robert Kollmann, Beatrice Pataracchia, Rafal Raciborski, Marco Ratto, Werner Roeger and Lukas Vogel
11120: Cognitive and non-cognitive costs of daycare 0–2 for children in advantaged families Downloads
Margherita Fort and Giulio Zanella
11119: Not So Demanding: Demand Structure and Firm Behavior Downloads
Monika Mrazova and J. Peter Neary
11118: Extremists into Truth-tellers: Information Aggregation under Asymmetric Preferences Downloads
Jean-philippe Bonardi, Olivier Cadot and Lionel Cottier
11117: Forward guidance and "lower for longer": The case of the ECB Downloads
Tilman Bletzinger and Volker Wieland
11116: A Jury of Her Peers: The Impact of the First Female Jurors on Criminal Convictions Downloads
Shamena Anwar, Patrick Bayer and Randi Hjalmarsson
11115: Solution Methods for Models with Rare Disasters Downloads
Fernández-Villaverde, Jesús and Oren Levintal
11114: The effect of international competition on firm productivity and market power Downloads
Jan De Loecker and Johannes Van Biesebroeck
11113: Two-stage contests with effort-dependent rewards Downloads
Aner Sela
11112: The (Displacement) Effects of Spatially Targeted Enterprise Initiatives: Evidence from UK LEGI Downloads
Einiö, Elias and Henry Overman
11111: How Excessive Is Banks' Maturity Transformation? Downloads
Anatoli Segura and Javier Suarez
11110: The Causal Effect of Military Conscription on Crime and the Labor Market Downloads
Randi Hjalmarsson and Matthew Lindquist
11109: Reservation wages and the wage flexibility puzzle Downloads
Felix Koenig, Alan Manning and Barbara Petrongolo
11108: Does government intervention affect banking globalisation? Downloads
Anya Kleymenova, Andrew Rose and Tomasz Wieladek
11107: The Impact of the Fracking Boom on Arab Oil Producers Downloads
Lutz Kilian
11106: Identifying Ideology: Experimental Evidence on Anti-Americanism in Pakistan Downloads
Leonardo Bursztyn, Michael Callen, Bruno Ferman, Saad Gulzar, Ali Hasanain and Noam Yuchtman
11105: Strategic Communication with Reporting Costs Downloads
Claude Fluet and Winand Emons
11104: The Effects of Trade Policy Downloads
Pinelopi Goldberg and Nina Pavcnik
11103: An Appraisal of History-bound Reelections Downloads
Hans Gersbach
11102: Can collusion promote sustainable consumption and production? Downloads
Maarten Schinkel and Yossi Spiegel
11101: Did export promotion help firms weather the crisis? Downloads
Johannes Van Biesebroeck, Jozef Konings and Christian Volpe Martincus
11100: Intergenerational Persistence of Health in the U.S.: Do Immigrants Get Healthier as they Assimilate? Downloads
Mevlude Akbulut-Yuksel and Adriana Kugler
11099: CoCo Design, Risk Shifting and Financial Fragility Downloads
Stephanie Chan and Sweder van Wijnbergen
11098: Enforcement Matters: The Effective Regulation of Labor Downloads
Ravi Kanbur and Lucas Ronconi
11097: Industry Dynamics and the Minimum Wage: A Putty-Clay Approach Downloads
Daniel Aaronson, Eric French and Isaac Sorkin
11096: Global Cycles: Capital Flows, Commodities, and Sovereign Defaults, 1815-2015 Downloads
Carmen Reinhart, Vincent Reinhart and Christoph Trebesch
11095: Can Currency Competition Work? Downloads
Fernández-Villaverde, Jesús and Daniel Sanches
11094: Does Financial Deregulation Boost Top Incomes? Evidence from the Big Bang Downloads
Julia Tanndal and Waldenström, Daniel
11093: Long-Lasting Effects of Socialist Education Downloads
Fuchs-Schündeln, Nicola and Paolo Masella
11092: How Do Hours Worked Vary with Income? Cross-Country Evidence and Implications Downloads
Alexander Bick, Fuchs-Schündeln, Nicola and David Lagakos
11091: The Bright Side of Patents Downloads
Joan Farre-Mensa, Deepak Hegde and Alexander Ljungqvist
11090: Short-Selling Bans and Bank Stability Downloads
Alessandro Beber, Daniela Fabbri, Marco Pagano and Saverio Simonelli
11089: The "Mystery of the Printing Press" Monetary Policy and Self-fulfilling Debt Crises Downloads
Giancarlo Corsetti and Luca Dedola
11088: COEURE Survey: Fiscal and Monetary Policies after the Crises Downloads
Giancarlo Corsetti and Charles Brendon
11087: Unanimous Rules in the Laboratory Downloads
Laurent Bouton, Aniol Llorente-Saguer and Frederic Malherbe
11086: Gluttony and Sloth? calories, labour market activity and the rise of obesity Downloads
Rachel Griffith, Rodrigo Lluberas and Lührmann, Melanie
11085: Why does birthplace matter so much? Sorting, learning and geography Downloads
Clement Bosquet and Henry Overman
11084: From Final Goods to Inputs: the Protectionist Effect of Rules of Origin Downloads
Paola Conconi, García-Santana, Manuel, Laura Puccio and Roberto Venturini
11083: A Simple Model of Subprime Borrowers and Credit Growth Downloads
Alejandro Justiniano, Giorgio Primiceri and Andrea Tambalotti
11082: Innovation Waves, Investor Sentiment, and Mergers Downloads
David Dicks and Paolo Fulghieri
11081: Ripple Effects of Noise on Corporate Investment Downloads
Thierry Foucault, Frésard, Laurent and Adrien Matray
11080: On the Desirability of Capital Controls Downloads
Jonathan Heathcote and Fabrizio Perri
11079: The Violent Legacy of Victimization: Post-Conflict Evidence on Asylum Seekers, Crimes and Public Policy in Switzerland Downloads
Mathieu Couttenier, Veronica Preotu and Dominic Rohner
11078: Management of Bureaucrats and Public Service Delivery: Evidence from the Nigerian Civil Service Downloads
Imran Rasul and Daniel Rogger
11077: Using Split Samples to Improve Inference on Causal Effects Downloads
Marcel Fafchamps and Julien Labonne
11076: Aggregate Hiring and the Value of Jobs Along the Business Cycle Downloads
Eran Yashiv
11075: Private Equity?s Unintended Dark Side: On the Economic Consequences of Excessive Delistings Downloads
Alexander Ljungqvist, Lars Persson and TÃ¥g, Joacim
11074: Stagnation Traps Downloads
Gianluca Benigno and Luca Fornaro
11073: Corporate Strategy, Conformism, and the Stock Market Downloads
Thierry Foucault and Frésard, Laurent
11072: Infrastructure, Incentives and Institutions Downloads
Nava Ashraf, Edward Glaeser and Giacomo Ponzetto
11071: Psychological Costs of Currency Transition: Evidence from Euro Adoption Downloads
Olga Popova and Jose Tavares
11070: International Transmissions of Monetary Shocks Downloads
Xuehui Han and Shang-Jin Wei
11069: Very Simple Markov-Perfect Industry Dynamics Downloads
Jaap Abbring, Jeffrey Campbell, Jan Tilly and Nan Yang
11068: Monetary Policy According to HANK Downloads
Greg Kaplan, Benjamin Moll and Giovanni L. Violante
11067: Nothing is in the air Downloads
Rodríguez-Pose, Andrés and Rune Fitjar
11066: The crisis and regional employment in Europe: what role for sheltered economies? Downloads
Rodríguez-Pose, Andrés and Ugo Fratesi
11065: Slowdown in Emerging Markets: Rough Patch or Prolonged Weakness? Downloads
Tatiana Didier, Ayhan Kose, Franziska Ohnsorge and Ye, Lei (Sandy)
11064: Technological Progress and Ownership Structure Downloads
Heng Geng, Harald Hau and Sandy Lai
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