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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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11247: Market Reforms in the Time of Imbalance Downloads
Matteo Cacciatore, Romain Duval, Giuseppe Fiori and Fabio Ghironi
11246: Wealth inequality in Sweden: What can we learn from capitalized income tax data? Downloads
Jacob Lundberg and Daniel Waldenström
11245: Family Networks and Distributive Politics Downloads
Marcel Fafchamps
11244: How Migration Can Change Income Inequality? Downloads
Assaf Razin and Efraim Sadka
11243: Agency Conflicts Around the World Downloads
Erwan Morellec, Boris Nikolov and Norman Schürhoff
11242: Private Money Creation and Equilibrium Liquidity Downloads
Pierpaolo Benigno and Roberto Robatto
11241: How Does the Sensitivity of Consumption to Income Vary Over Time? International Evidence Downloads
Ergys Islamaj and Ayhan Kose
11240: Wolves in Sheep's Clothing: Is non-profit status used to signal quality? Downloads
Daniel Jones, Carol Propper and Sarah Smith
11239: New road infrastructure: the effects on firms Downloads
Stephen Gibbons, Teemu Lyytikäinen, Henry Overman and Rosa Sanchis-Guarner
11238: Persuasion and Gender: Experimental Evidence from Two Political Campaigns Downloads
Vincenzo Galasso and Tommaso Nannicini
11237: The Rational Inattention Filter Downloads
Bartosz Maćkowiak, Filip Matejka and Mirko Wiederholt
11236: Modelling and Forecasting Mortgage Delinquency and Foreclosure in the UK Downloads
Janine Aron and John Muellbauer
11235: Labor supply in the past, present, and future: a balanced-growth perspective Downloads
Timo Boppart and Per Krusell
11234: The Impact of the National Minimum Wage on Industry-Level Wage Bargaining in France Downloads
Denis Fougere, Erwan Gautier and Sébastien Roux
11233: Doves for the Rich, Hawks for the Poor? Distributional Consequences of Monetary Policy Downloads
Nils Gornemann, Keith Kuester and Makoto Nakajima
11232: The Child Quality-Quantity Tradeoff, England, 1780-1880: A Fundamental Component of the Economic Theory of Growth is Missing Downloads
Gregory Clark and Neil Cummins
11231: Does the Geographic Expansion of Banks Reduce Risk? Downloads
Martin Goetz, Luc Laeven and Ross Levine
11230: Bank Leverage and Monetary Policy's Risk-Taking Channel: Evidence from the United States Downloads
Giovanni DellAriccia, Luc Laeven and Gustavo Suarez
11229: "Flattening" the Tax Evasion: Evidence from the Post-Communist Natural Experiment Downloads
Randall Filer, Jan Hanousek, Tomas Lichard and Karine Torosyan
11228: Bias against Novelty in Science: A Cautionary Tale for Users of Bibliometric Indicators Downloads
Paula Stephan, Reinhilde Veugelers and Jian Wang
11227: Term structures of asset prices and returns Downloads
David Backus, Nina Boyarchenko and Mikhail Chernov
11226: Estimating Border Effects: The Impact of Spatial Aggregation Downloads
Cletus Coughlin and Dennis Novy
11225: Is there an alternative way to avoid another eurozone crisis to the Five Presidents' Report? Downloads
Michael R. Wickens
11224: Robustness of Full Revelation in Multisender Cheap Talk Downloads
Margaret Meyer, Inés Moreno de Barreda and Julia Nafziger
11223: Incentive Compatible Advertising on a Social Network Downloads
Kfir Eliaz and Ran Spiegler
11222: A Theory of Crowdfunding - a mechanism design approach with demand uncertainty and moral hazard Downloads
Roland Strausz
11221: The Effects of Financial and Recognition Incentives Across Work Contexts: The Role of Meaning Downloads
Michael Kosfeld, Susanne Neckermann and Xiaolan Yang
11220: You Are Judged by the Company You Keep: Reputation Leverage in Vertically Related Markets Downloads
Jay Choi and Martin Peitz
11219: Comparing Retirement Wealth Trajectories on Both Sides of the Pond Downloads
Richard Blundell, Rowena Crawford, Eric French and Gemma Tetlow
11218: Assessment of Post-merger Coordinated Effects: Characterization by Simulations Downloads
Marc Ivaldi and Vicente Lagos
11217: Pollution Claim Settlements Reconsidered: Hidden Information and Bounded Payments Downloads
Susanne Goldlücke and Patrick Schmitz
11216: The Empirical Landscape of Trade Policy Downloads
Chad Bown and Meredith Crowley
11215: The Management of Innovation: Experimental Evidence Downloads
David Kusterer and Patrick Schmitz
11214: Capital Requirements, Risk Shifting and the Mortgage Market Downloads
Arzu Uluc and Tomasz Wieladek
11213: Learning, Career Paths, and the Distribution of Wages Downloads
Santiago Caicedo Soler, Robert Lucas and Esteban Rossi-Hansberg
11212: Breaking into Tradables: urban form and urban function in a developing city Downloads
Anthony Venables
11211: Building the city: sunk capital, sequencing, and institutional frictions Downloads
J. Vernon Henderson, Tanner Regan and Anthony Venables
11210: EU Structural Funds and Regional Income Convergence - A Sobering Experience Downloads
Philipp Breidenbach, Timo Mitze and Christoph Schmidt
11209: Social Mobility and Stability of Democracy: Re-evaluating De Tocqueville Downloads
Daron Acemoglu, Georgy Egorov and Konstantin Sonin
11208: U.S. capital gains and estate taxation: a status report and directions for a reform Downloads
Wojciech Kopczuk
11207: The value of incumbency in heterogeneous platforms Downloads
Gary Biglaiser and Jacques Crémer
11206: Can there be a market for cheap-talk information? Some experimental evidence Downloads
Antonio Cabrales, Francesco Feri, Piero Gottardi and Miguel Meléndez-Jiménez
11205: Dynamic Competition with Network Externalities: Why History Matters Downloads
Hanna Halaburda, Bruno Jullien and Yaron Yehezkel
11204: Monetary Policy and the Current Account: Theory and Evidence Downloads
Ida Hjortsoe, Martin Weale and Tomasz Wieladek
11203: Real-Time Forecasting for Monetary Policy Analysis: The Case of Sveriges Riksbank Downloads
Jens Iversen, Stefan Laséen, Henrik Lundvall and Ulf Söderström
11202: The Welfare Eff ects of Vertical Integration in Multichannel Television Markets Downloads
Gregory S. Crawford, Robin Lee, Michael Whinston and Ali Yurukoglu
11201: What you don't know... Can't hurt you? A field experiment on relative performance feedback in higher education Downloads
Ghazala Azmat, Manuel Bagues, Antonio Cabrales and Nagore Iriberri
11200: Optimal Reserves in Financially Closed Economies Downloads
Olivier Jeanne and Damiano Sandri
11199: Clans, Guilds, and Markets: Apprenticeship Institutions and Growth in the Pre-Industrial Economy Downloads
David de la Croix, Matthias Doepke and Joel Mokyr
11198: Optimal Monetary Policy, Exchange Rate Misalignments and Incomplete Financial Markets Downloads
Ozge Senay and Alan Sutherland
11197: Animal Spirits in a Monetary Model Downloads
Roger Farmer and Konstantin Platonov
11196: The Theory of Unconventional Monetary Policy Downloads
Roger Farmer and Pawel Zabczyk
11195: The speed of the exchange rate pass-through Downloads
Barthélémy Bonadio, Andreas Fischer and Philip Sauré
11194: Anomalous Trading Prior to Lehman Brothers' Failure Downloads
Thomas Gehrig and Marlene Haas
11193: Can Iron-Fortified Salt Control Anemia? Evidence from Two Experiments in Rural Bihar Downloads
Abhijit Banerjee, Sharon Barnhardt and Esther Duflo
11192: Employment protection and unemployment benefits: On technology adoption and job creation in a matching model Downloads
Kjell Erik Lommerud, Odd Rune Straume and Steinar Vagstad
11191: Inheritance and wealth inequality: Evidence from population registers Downloads
Mikael Elinder, Oscar Erixson and Daniel Waldenström
11190: Data Abundance and Asset Price Informativeness Downloads
Jérôme Dugast and Thierry Foucault
11189: The big trade-off between efficiency and equity - is it there? Downloads
Torben M Andersen and Jonas Maibom
11188: The Perception of Dependence and Investment Decisions Downloads
Michael Ungeheuer and Martin Weber
11187: Management Practices, Workforce Selection,and Productivity Downloads
Stefan Bender, Nicholas Bloom, David Card, John van Reenen and Stefanie Wolter
11186: Illegal migration and consumption behavior of immigrant households Downloads
Christian Dustmann, Francesco Fasani and Biagio Speciale
11185: All's Well that Ends Well? Resolving Iceland's Failed Banks Downloads
Friðrik Már Baldursson, Richard Portes and Eirikur Elis Thorlaksson
11184: Revisiting Okun's Relationship Downloads
Robert Dixon, Guay Lim and Jan C. van Ours
11183: The Educational Consequences of Language Proficiency for Young Children Downloads
Asako Ohinata, Jan C. van Ours and Yuxin Yao
11182: International Shocks and Domestic Prices: How Large Are Strategic Complementarities? Downloads
Mary Amiti, Oleg Itskhoki and Jozef Konings
11181: Union Debt Management Downloads
Juan Equiza-Goñi, Elisa Faraglia and Rigas Oikonomou
11180: Dynamic Debt Deleveraging and Optimal Monetary Policy Downloads
Pierpaolo Benigno, Gauti Eggertsson and Federica Romei
11179: Optimal Cost Overruns: Procurement Auctions and Renegotiation Downloads
Fabian Herweg and Marco Schwarz
11178: VAR Information and the Empirical Validation of DSGE Models Downloads
Mario Forni, Luca Gambetti and Luca Sala
11177: Field-of-Study Homogamy Downloads
Alena Bičáková and Stepan Jurajda
11176: Does gender-balancing the board reduce firm value? Downloads
B. Eckbo, Knut Nygaard and Karin Thorburn
11175: Trade, Finance and Endogenous Firm Heterogeneity Downloads
Alessandra Bonfiglioli, Rosario Crinò and Gino Gancia
11174: Cultural Leaders and the Dynamics of Assimilation Downloads
Thierry Verdier and Yves Zenou
11173: Ownership Concentration and Strategic Supply Reduction Downloads
Ulrich Doraszelski, Katja Seim, Michael Sinkinson and Peichun Wang
11172: Mirrlees meets Diamond-Mirrlees Downloads
Florian Scheuer and Iván Werning
11171: Cross-Border Resolution of Global Banks: Bail in under Single Point of Entry versus Multiple Points of Entry Downloads
Ester Faia and Beatrice Weder
11170: Safe Asset Scarcity and Aggregate Demand Downloads
Ricardo Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas
11169: Risk Premia and Seasonality in Commodity Futures Downloads
Constantino Hevia, Ivan Petrella and Martin Sola
11168: Families in Macroeconomics Downloads
Matthias Doepke and Michele Tertilt
11167: The impact of international swap lines on stock returns of banks in emerging markets Downloads
Alin Marius Andries, Andreas Fischer and Pinar Yesin
11166: Deepening Contractions and Collateral Constraints Downloads
Henrik Jensen, Søren Hove Ravn and Emiliano Santoro
11165: Job-Search Periods for Welfare Applicants: Evidence from a Randomized Experiment Downloads
Jonneke Bolhaar, Nadine Ketel and Bas van der Klaauw
11164: Network Contagion and Interbank Amplification during the Great Depression Downloads
Kris James Mitchener and Gary Richardson
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 and Xavier Freixas
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
Sibilla di Guida, The Anh Han, Georg Kirchsteiger, 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 and Kurt Schmidheiny
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
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