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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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9912: Precautionary price stickiness Downloads
James Costain and Anton Nakov
9911: The Importance of Family Background and Neighborhood Effects as Determinants of Crime Downloads
Randi Hjalmarsson, Matthew Lindquist, Karin Hederos Eriksson and Anna Sandberg
9910: The Politics of Compromise Downloads
Heikki Rantakari and Alessandro Bonatti
9909: Political Competition and the Limits of Political Compromise Downloads
Emanuel Ornelas and Alexandre Cunha
9908: All-pay auctions with certain and uncertain prizes Downloads
Aner Sela and Yizhaq Minchuk
9907: Getting Better or Feeling Better? How Equity Investors Respond to Investment Experience Downloads
John Campbell and Benjamin Ranish
9906: Runs on Money Market Funds Downloads
Allan Timmermann and Russell Wermers
9905: The Economics of Margin Squeeze Downloads
Patrick Rey, Bruno Jullien and Claudia Saavedra V.
9904: Geopolitics, Aid and Growth Downloads
Axel Dreher and Vera Eichenauer
9903: The Wages of Women in England, 1260-1850 Downloads
Jane Humphries and Jacob Weisdorf
9902: Managing Credit Bubbles Downloads
Jaume Ventura and Martín, Alberto
9901: Technological Progress and Economic Geography Downloads
Jacques Thisse, Takatoshi Tabuchi and Xiwei Zhu
9900: Trade Imbalances, Export Structure and Wage Inequality Downloads
Paolo Epifani and Crinò, Rosario
9899: The Skill Bias of the US Trade Deficit Downloads
Paolo Epifani and Crinò, Rosario
9898: Nonlinearities in Sovereign Risk Pricing: The Role of CDS Index Contracts Downloads
Richard Portes and Anne-Laure Delatte
9897: Asset Prices in a Lifecycle Economy Downloads
Roger Farmer
9896: Pricing Internet Traffic: Exclusion, Signalling and Screening Downloads
Bruno Jullien and Wilfried Sand-Zantman
9895: External shocks, internal shots: the geography of civil conflicts Downloads
Nicolas Berman and Mathieu Couttenier
9894: Surprise, Surprise - Measuring Firm-level Investment Innovations Downloads
Ruediger Bachmann and Atanas Hristov
9893: Lehman Brothers: What Did Markets Know? Downloads
Thomas Gehrig and Marlene Haas
9892: Joint Confidence Sets for Structural Impulse Responses Downloads
Lutz Kilian and Atsushi Inoue
9891: Social Capital, Government Expenditures, and Growth Downloads
Giacomo Ponzetto
9890: Finance and the Preservation of Wealth Downloads
Andrei Shleifer, Robert Vishny and Nicola Gennaioli
9889: Key Players in Co-Offending Networks Downloads
Yves Zenou and Matthew Lindquist
9888: Trade and Uncertainty Downloads
Alan Taylor and Dennis Novy
9887: Income-Induced Expenditure Switching Downloads
Rudolfs Bems and Julian di Giovanni
9886: IT and Management in America Downloads
John van Reenen, Nicholas Bloom, Erik Brynjolfsson, Itay Saporta-Eksten, Lucia Foster, Megha Patnaik and Ron Jarmin
9885: Liquidity Risk and the Dynamics of Arbitrage Capital Downloads
Dimitri Vayanos and Péter Kondor
9884: Education Promoted Secularization Downloads
Ludger Woessmann, Sascha Becker and Markus Nagler
9883: The Link Between Fundamentals and Proximate Factors in Development Downloads
Wolfgang Keller and Carol Shiue
9882: Financial Literacy and Savings Account Returns Downloads
Roman Inderst, Dimitris Georgarakos and Florian Deuflhard
9881: Identifying Industry Margins with Unobserved Price Constraints: Structural Estimation on Pharmaceuticals Downloads
Pierre Dubois and Laura Lasio
9880: How effective are social norm interventions? Evidence from a laboratory experiment on managerial honesty Downloads
Rajna Gibson Brandon, Alexander Wagner and Carmen Tanner
9879: Sizing Up the Impact of Embassies on Exports Downloads
Rikard Forslid and Shon Ferguson
9878: The growing dependence of Britain on trade during the Industrial Revolution Downloads
Kevin O'Rourke, Alan Taylor and Gregory Clark
9877: Regulating Deferred Incentive Pay Downloads
Roman Inderst, Florian Hoffmann and Marcus Opp
9876: The Argentina Paradox: Microexplanations and Macropuzzles Downloads
Alan Taylor
9875: Macroprudential Policies in a Global Perspective Downloads
Olivier Jeanne
9874: Incomplete Contracting, Renegotiation, and Expectation-Based Loss Aversion Downloads
Heiko Karle and Fabian Herweg
9873: Optimal Allocations in Round-Robin Tournaments Downloads
Aner Sela and Reut Megidish
9872: R&D Networks: Theory, Empirics and Policy Implications Downloads
Yves Zenou, Michael Koenig and Xiaodong Liu
9871: Optimal Prudential Regulation of Banks and the Political Economy of Supervision Downloads
Thierry Verdier and Thierry Tressel
9870: A theory of trade in a global production network Downloads
Bastian Westbrock and Maarten Bosker
9869: Barriers to Trade in Environmental Goods and Environmental Services: How Important Are They? How Much Progress at Reducing Them Downloads
Jaime de Melo and Mariana Vijil
9868: Awareness Reduces Racial Bias Downloads
Justin Wolfers, Joseph Price and Devin Pope
9867: Preventing Economists' Capture Downloads
Luigi Zingales
9866: Optimal Tax Progressivity: An Analytical Framework Downloads
Kjetil Storesletten, Giovanni Violante and Jonathan Heathcote
9865: Bank Capital and Dividend Externalities Downloads
Hyun Song Shin, Viral Acharya and Hanh Le
9864: Hidden Insurance in a Moral Hazard Economy Downloads
Giuseppe Bertola and Winfried Koeniger
9863: Cross-border mergers and domestic-firm wages: Integrating ?spillover effects? and ?bargaining effects? Downloads
Sørgard, Lars, Klaus Gugler and Joseph Clougherty
9862: Tuition fees as a commitment device Downloads
Hessel Oosterbeek, Bas van der Klaauw, Nadine Ketel and Jona Linde
9861: The Quiet Revolution and the Family: Gender Composition of Tertiary Education and Early Fertility Patterns Downloads
Stepan Jurajda and BiÄ Ã¡ková, Alena
9860: Feeling the blues. Moral hazard and debt dilution in Eurobonds before 1914 Downloads
Rui Esteves and Ali Coskun Tuncer
9859: Misallocation, Property Rights, and Access to Finance: Evidence from Within and Across Africa Downloads
Sørensen, Bent E and Kalemli-Özcan, Sebnem
9858: Structural FECM: Cointegration in large-scale structural FAVAR models Downloads
Anindya Banerjee, Massimiliano Marcellino and Igor Masten
9857: Targeting Nominal GDP or Prices: Guidance and Expectation Dynamics Downloads
Seppo Honkapohja and Kaushik Mitra
9856: Policing Cannabis and Drug Related Hospital Admissions: Evidence from Administrative Records Downloads
Imran Rasul and Elaine Kelly
9855: Firm Dynamics and Residual Inequality in Open Economies Downloads
Gabriel Felbermayr, Julien Prat and Giammario Impullitti
9854: Scale and Skill in Active Management Downloads
Robert Stambaugh, Pástor, Luboš and Lucian Taylor
9853: The Vanishing Procyclicality of Labor Productivity Downloads
Galí, Jordi and Thijs van Rens
9852: Out-of-Sample Evidence on the Returns to Currency Trading Downloads
Olivier Accominotti and David Chambers
9851: Labor market effects of sports and exercise: Evidence from Canadian panel data Downloads
Michael Lechner and Nazmi Sari
9850: Productivity Spillovers Through Labor Mobility Downloads
Espen Moen, Tom-Reiel Heggedal and Edgar Preugschat
9849: SSOs: Current Policy Issues and Empirical Evidence Downloads
Régibeau, Pierre and Neil Gandal
9848: No Arbitrage Priors, Drifting Volatilities, and the Term Structure of Interest Rates Downloads
Massimiliano Marcellino, Andrea Carriero and Todd Clark
9847: Market Outcomes and Dynamic Patent Buyouts Downloads
Alberto Galasso, Matthew Mitchell and Gábor Virág
9846: Optimal Monetary Policy with State-Dependent Pricing Downloads
Anton Nakov and Carlos Thomas
9845: Learning from Experience in the Stock Market Downloads
Anton Nakov and Nuño, Galo
9844: Exporter Dynamics, Firm Size and Growth, and Partial Year Effects Downloads
Andrew Bernard, Daria Taglioni, Renzo Massari and José-Daniel Reyes
9843: Debt and Incomplete Financial Markets: A Case for Nominal GDP Targeting Downloads
Kevin Sheedy
9842: International Liquidity and Exchange Rate Dynamics Downloads
Xavier Gabaix and Matteo Maggiori
9841: Charitable Giving and Nonbinding Contribution-level Suggestions: Evidence from a Field Experiment Downloads
Steffen Huck, Imran Rasul and Maja Adena
9840: Improving Access to Banking: Evidence from Kenya Downloads
Franklin Allen, Lemma W Senbet, Elena Carletti, Patricio Valenzuela and Robert Cull
9839: Together at Last: Trade Costs, Demand Structure, and Welfare Downloads
J. Peter Neary and Mrázová, Monika
9838: Revenue Tariff Reform Downloads
J. Peter Neary and James Anderson
9837: Stock investments at work Downloads
Hans Hvide and Östberg, Per
9836: Legal Evolution, Contract Evolution, and Standardization Downloads
Enrico Perotti, Nicola Gennaioli and Giacomo Ponzetto
9835: Trade Dynamics with Sector-Specific Human Capital Downloads
Hémous, David, Adam Guren and Morten Olsen
9834: Corporate Scandals and Household Stock Market Participation Downloads
Mariassunta Giannetti and Tracy Yue Wang
9833: Team Production in Competitive Labor Markets with Adverse Selection Downloads
Michael Kosfeld and Ferdinand von Siemens
9832: Loose Knots:Strong versus Weak Commitments to Save for Education in Uganda Downloads
Dean Karlan and Leigh Linden
9831: Market Size, Entrepreneurship, and Income Inequality Downloads
Kristian Behrens, Evgeny Zhelobodko and Dmitry Pokrovsky
9830: Thin Capitalization Rules and Multinational Firm Capital Structure Downloads
Harry Huizinga, Luc Laeven, Nicodème, Gaëtan and Jennifer Blouin
9829: Financial Dependence and Innovation: The Case of Public versus Private Firms Downloads
Viral Acharya
9828: The Market for Keywords Downloads
Ran Spiegler and Kfir Eliaz
9827: Net Neutrality with Competing Internet Platforms Downloads
Tommaso Valletti and Frago Kourandi
9826: Welfare and Trade Without Pareto Downloads
Thierry Mayer and Keith Head
9825: Marry Your Like: Assortative Mating and Income Inequality Downloads
Jeremy Greenwood, Nezih Guner, Cezar Santos and Georgi Kocharakov
9824: Monetary Policy Surprises, Credit Costs and Economic Activity Downloads
Mark Gertler and Peter Karadi
9823: Oil Price Shocks: Causes and Consequences Downloads
Lutz Kilian
9822: The Price of Political Uncertainty: Theory and Evidence from the Option Market Downloads
Pietro Veronesi, Pástor, Luboš and Bryan Kelly
9821: Missing Gains from Trade? Downloads
Stephen Redding and Marc Melitz
9820: Stabilization policy, rational expectations and price-level versus infl?ation targeting: a survey Downloads
A. Patrick Minford and Michael Hatcher
9819: Coal and the European Industrial Revolution Downloads
Kevin O'Rourke and Alan Fernihough
9818: We're Number 1: Price Wars for Market Share Leadership Downloads
Luis Cabral
9817: Price Distortions in High-Frequency Markets Downloads
Jakub Steiner and Colin Stewart
9816: Diversification of Geographic Risk in Retail Bank Networks: Evidence from Bank Expansion after the Riegle-Neal Act Downloads
Victor Aguirregabiria and Hui Wang
9815: Markov-Switching Mixed-Frequency VAR Models Downloads
Massimiliano Marcellino and Claudia Foroni
9814: X-Games Downloads
Ran Spiegler and Kfir Eliaz
9813: Market-based Lobbying: Evidence from Advertising Spending in Italy Downloads
Eliana La Ferrara, Stefano DellaVigna and Brian Kinght
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