CEPR Discussion Papers

From Centre for Economic Policy Research
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8607: Private Provision of Public Goods and Information Diffusion in Social Groups

Kimberley Scharf

8606: Scale Economies in Nonprofit Provision, Technology Adoption and Entry

Kimberley Scharf

8605: Multi-Trait Matching and Intergenerational Mobility: A Cinderella Story

Natalie Chen, Carlo Perroni and Paola Conconi

8604: Incorporating theoretical restrictions into forecasting by projection methods

Raffaella Giacomini and Giuseppe Ragusa

8603: Complementing Bagehot: Illiquidity and insolvency resolution

Sylvester Eijffinger and Rob Nijskens

8602: When bigger isn?t better: Bail outs and bank behaviour

Marcus Miller and Han Hao Li

8601: Political Uncertainty and Risk Premia

Pietro Veronesi and Pástor, Luboš

8600: Heterogeneous Firm-Level Responses to Trade Liberalization: A Test Using Stock Price Reactions

Holger Breinlich

8599: The Democratic Transition

Romain Wacziarg and Fabrice Murtin

8598: Grossman-Hart (1986) Goes Global: Incomplete Contracts, Property Rights, and the International Organization of Production

Pol Antrà s

8597: The Impact of Trade Promotion Services on Canadian Exporter Performance

Johannes Van Biesebroeck, Emily Yu and Shenjie Chen

8596: Surviving the crisis: Foreign multinationals vs domestic firms in Ireland

Görg, Holger, Aoife Hanley and Olivier Godart

8595: Weak Governments and Trade Agreements

Marcelo Olarreaga, Jean-Louis Arcand and Laura Zoratto

8594: Pro-poor trade policy in Sub-Saharan Africa

Marcelo Olarreaga, Alessandro Nicita and Guido Porto

8593: Interstate Risk Sharing in Germany:1970-2006

Juergen von Hagen and Ralf Hepp

8592: Who Shrunk China? Puzzles in the Measurement of Real GDP

J. Peter Neary, Robert Feenstra, Hong Ma and D.S. Prasada Rao

8591: Gross Capital Flows: Dynamics and Crises

Sergio Schmukler, Fernando Broner, Aitor Erce and Tatiana Didier

8590: Do Highly Educated Women Choose Smaller Families?

Moshe Hazan and Hosny Zoabi

8589: Race v. Suffrage: The Determinants of Development in Mississippi

Graziella Bertocchi and Arcangelo Dimico

8588: New Business Start-ups and the Business Cycle

Melvyn Coles and Ali Moghaddasi Kelishomi

8587: Delegated Activism and Disclosure

Amil Dasgupta and Konstantinos Zachariadis

8586: Human Development in Africa: A Long-run Perspective

Leandro Prados de la Escosura

8585: Sinking, Swimming, or Learning to Swim in Medicare Part D

Eugenio Miravete, Jonathan Ketcham, Claudio Lucarelli and M Christopher Roebuck

8584: Nested logit or random coefficients logit? A comparison of alternative discrete choice models of product differentiation

Frank Verboven and Laura Grigolon

8583: Why are firms that export cleaner? International trade and CO2 emissions

Karen Helene Ulltveit-Moe, Rikard Forslid and Toshihiro Okubo

8582: Explaining the Black/White Employment Gap: The Role of Weak Ties

Yves Zenou

8581: The Price Effects of Cash Versus In-Kind Transfers

Giacomo De Giorgi, Seema Jayachandran and Jesse Cunha

8580: Costly Contracts and Consumer Credit

Michele Tertilt, Igor Livshits and James (Jim) MacGee

8579: Industries at the World Technology Frontier: Measuring R&D Efficiency in a Non-Parametric DEA Framework

Jens Schmidt-Ehmcke and Petra Zloczysti

8578: The delegated Lucas tree

Ron Kaniel and Péter Kondor

8577: How Effective Is Monetary Transmission in Developing Countries? A Survey of the Empirical Evidence

Peter Montiel, Antonio Spilimbergo and Prachi Mishra

8576: Financial-Friction Macroeconomics with Highly Leveraged Financial Institutions

David Vines and Sheung Kan Luk

8575: Income inequality, decentralisation and regional development in Western Europe

Andy Pike, John Tomaney, Rodríguez-Pose, Andrés, Vassilis Tselios and Gianpiero Torrisi

8574: Medium Term Business Cycles in Developing Countries

Servén, Luis, Norman Loayza, Diego Comin and Farooq Pasha

8573: Trading and Enforcing Patent Rights

Mark Schankerman, Carlos Serrano and Alberto Galasso

8572: Spatial frictions

Südekum, Jens, Giordano Mion, Yasusada Murata and Kristian Behrens

8571: Nudging with information: a randomized field experiment on reminders and feedback

Giacomo Calzolari and Mattia Nardotto

8570: Tax havens or safe havens

Jacques Thisse, Patrice Pieretti and Skerdilajda Zanaj

8569: Learning From Stock Prices and Economic Growth

Joel Peress

8568: Returns to Education across Europe

Viktor Steiner and Daniela Glocker

8567: The Financial Crisis and the Geography of Wealth Transfers

Helene Rey, Pierre-Olivier Gourinchas and Kai Alexander Truempler

8566: Who Benefits from Regional Trade Agreements? The View from the Stock Market

Andrew Rose and Christoph Moser

8565: Optimal Monetary Policy with Endogenous Entry and Product Variety

Fabio Ghironi, Florin Bilbiie and Ippei Fujiwara

8564: Endogenous Entry, Product Variety, and Business Cycles

Fabio Ghironi, Marc Melitz and Florin Bilbiie

8563: Estimating Income Elasticity of Government Expenditures: Evidence from Oil Price Shocks

Mark Gradstein, Alberto Chong and Brückner, Markus

8562: A Model of the Consumption Response to Fiscal Stimulus Payments

Giovanni Violante and Greg Kaplan

8561: Policymakers' Horizon and Trade Reforms: The Protectionist Effect of Elections

Maurizio Zanardi, Giovanni Facchini and Paola Conconi

8560: Monetary Policy and TIPS Yields before the Crisis

Stefan Gerlach and Laura Moretti

8559: Patient Mobility, Health Care Quality and Welfare

Kurt Brekke, Luigi Siciliani and Rosella Levaggi

8558: The Impact of Economics Blogs

David McKenzie and Özler, Berk

8557: Dollar Illiquidity and Central Bank Swap Arrangements During the Global Financial Crisis

Andrew Rose and Mark Spiegel

8556: A DSGE model of banks and financial intermediation with default risk

Michael Wickens

8555: Asset Market Participation, Monetary Policy Rules and the Great Inflation

Florin Bilbiie and Roland Straub

8554: The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States

Morten Ravn and Karel Mertens

8553: Money, Financial Stability and Efficiency

Douglas Gale, Franklin Allen and Elena Carletti

8552: Fiscal Union Consensus Design under the Risk of Autarky

Massimo Morelli, Jose Tavares and Jaime Luque

8551: Why Europe has become environmentally cleaner: Decomposing the roles of fiscal, trade and environmental policies

López, Ramón and Amparo Palacios-Lopez

8550: Does Trade Cause Capital to Flow? Evidence from Historical Rainfalls

Kalemli-Özcan, Sebnem and Alex Nikolsko-Rzhevskyy

8549: Leverage Across Firms, Banks and Countries

Sørensen, Bent E, Kalemli-Özcan, Sebnem and Sevcan Yesiltas

8548: Transparency, Appropriability and the Early State

Joram Mayshar, Omer Moav and Zvika Neeman

8547: Tactics and Strategy in Monetary Policy: Benjamin Friedman's Thinking and the Swiss National Bank

Stefan Gerlach and Thomas Jordan

8546: External Adjustment and the Global Crisis

Gian Maria Milesi-Ferretti and Philip Lane

8545: Gender Gaps across Countries and Skills: Supply, Demand and the Industry Structure

Barbara Petrongolo and Claudia Olivetti

8544: The arrival of cheap goods: Measuring the impact of Chinese import competition on Nordic prices

Andreas Fischer, Raphael Auer and Andreas Kropf

8543: What Hinders Investment in the Aftermath of Financial Crises: Insolvent Firms or Illiquid Banks?

Kalemli-Özcan, Sebnem, Herman Kamil and Carolina Villegas-Sanchez

8542: Out-of-Sample Forecast Tests Robust to the Choice of Window Size

Barbara Rossi and Atsushi Inoue

8541: Long-Term Barriers to the International Diffusion of Innovations

Enrico Spolaore and Romain Wacziarg

8540: Supplier Responses to Wal-Mart's Invasion in Mexico

James Tybout, Wolfgang Keller, Beata Javorcik and Leonardo Iacovone

8539: Information Aggregation, Investment, and Managerial Incentives

Christian Hellwig, Aleh Tsyvinski and Elias Albagli

8538: Auctions vs Negotiations in Public Procurement: Which Works Better?

Rafael Lalive and Armin Schmutzler

8537: Education and Invention

Otto Toivanen and Väänänen, Lotta

8536: On the Genesis of Multinational Foreign Affiliate Networks

Peter Egger, Georg Wamser, Matthias Fahn and Valeria Merlo

8535: The Impact of Trade on Organization and Productivity

Esteban Rossi-Hansberg and Lorenzo Caliendo

8534: Retail Chain Expansion: The Early Years of McDonalds in Great Britain

Michael Waterson and Otto Toivanen

8533: Can Market Failure Cause Political Failure

Massimo Morelli, Maitreesh Ghatak and Madhav Aney

8532: Taxation and Regulation of Bonus Pay

Timothy Besley and Maitreesh Ghatak

8531: Time to Decide: Information Search and Revelation in Groups

Johannes Spinnewijn, Arthur Campbell and Florian Ederer

8530: Price Distortions and Economic Growth in Sub-Saharan Africa

Kym Anderson and Brückner, Markus

8529: Marriage as a Rat Race: Noisy Pre-Marital Investments with Assortative Matching

V Bhaskar and Ed Hopkins

8528: Fiscal Volatility Shocks and Economic Activity

Rubio-Ramírez, Juan Francisco, Fernández-Villaverde, Jesús, Keith Kuester and Pablo Guerron

8527: Optimal taxes on fossil fuel in general equilibrium

John Hassler, Aleh Tsyvinski and Mikhail Golosov

8526: Capital Regulation and Tail Risk

Enrico Perotti, Lev Ratnovski and Razvan Vlahu

8525: Inefficient Provision of Liquidity

Oliver Hart and Luigi Zingales

8524: Life Expectancy and Schooling: New Insights from Cross-Country Data

Moshe Hazan

8523: Sports and Child Development

Michael Lechner, Christina Felfe and Andreas Steinmayr

8522: Simultaneous Search and Network Efficiency

Pieter Gautier and Christian Holzner

8521: Long-run patterns in market efficiency and the genesis of the market economy: Markets around the Mediterranean from Nebuchadnez

Jan Luiten van Zanden, Földvári, Péter and Bas van Leeuwen

8520: What Explains the German Labor Market Miracle in the Great Recession?

Michael Burda and Jennifer Hunt

8519: Preferences for Consistency

Armin Falk and Florian Zimmermann

8518: Stories of the Twentieth Century for the Twenty-First

Maurice Obstfeld and Pierre-Olivier Gourinchas

8517: Country Heterogeneity and the International Evidence on the Effects of Fiscal Policy

Francesco Giavazzi, Carlo Favero and Jacopo Perego

8516: For an Olive Wreath? Olympic Games and Anticipation Effects in Macroeconomics

Evi Pappa and Brückner, Markus

8515: Structural Vector Autoregressions

Lutz Kilian

8514: Asset Pricing under Rational Learning about Rare Disasters

Volker Wieland and Christos Koulovatianos

8513: Austerity and Anarchy: Budget Cuts and Social Unrest in Europe, 1919-2008

Hans-Joachim Voth and Jacopo Ponticelli

8512: A Flexible Test for Present Bias and Time Preferences using Land-Lease Contracts

Pieter Gautier and Aico van Vuuren

8511: Liquidity When It Matters Most: QE and Tobin?s q

Marcus Miller and Edward Driffill

8510: Does Raising the Retirement Age Increase Employment of Older Workers?

Zweimüller, Josef and Stefan Staubli

8509: Sequential All-Pay Auctions with Noisy Outputs

Aner Sela and Ella Segev

8508: Investment and capital structure of partially private regulated firms

Yossi Spiegel and Carlo Cambini