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.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

8407: Is there a trade-off between inflation and output stabilization?

Andrea Tambalotti, Giorgio Primiceri and Alejandro Justiniano

8406: Inequality, Development, and the Stability of Democracy -Lipset and Three Critical Junctures in German History

Uwe Sunde and Florian Jung

8405: Optimal Contracts with Enforcement Risk

Nicola Gennaioli

8404: Financial Protectionism: the First Tests

Andrew Rose and Tomasz Wieladek

8403: Privately versus Publicly Optimal Skin in the Game: Optimal Mechanism and Security Design

Gilles Chemla and Christopher Hennessy

8402: Dynamic Hedging in Incomplete Markets: A Simple Solution

Suleyman Basak and Georgy Chabakauri

8401: Unemployment in an Estimated New Keynesian Model

Galí, Jordi, Frank Smets and Raf Wouters

8400: International Capital Flows and Aggregate Output

Juergen von Hagen and Haiping Zhang

8399: Asymmetric Broadband Wholesale Regulation

Steffen Hoernig

8398: Interest Rates and Credit Risk

Javier Suarez and González-Aguado, Carlos

8397: Legal Investor Protection and Takeovers

Denis Gromb, Fausto Panunzi, Mike Burkart and Holger Mueller

8396: How Do Business and Financial Cycles Interact?

Stijn Claessens, Ayhan Kose and Marco Terrones

8395: Trading Fees and Efficiency in Limit Order Markets

Thierry Foucault and Jean-Edouard Colliard

8394: Average-Based Indicators at Different Aggregation Levels

Javier Ruiz-Castillo and Neus Herranz

8393: Baby Booming Inequality? Demographic Change and Earnings Inequality in Norway, 1967-2000

Almås, Ingvild, Magne Mogstad and Tarjei Havnes

8392: Venture Capital, Patenting, and Usefulness of Innovations

Lars Persson, Norbäck, Pehr-Johan, Steffen Lippert and Simona Fabrizi

8391: Inequality, Tax Avoidance, and Financial Instability

Augustin Landier and Guillaume Plantin

8390: Hyperbolic Discounting and Positive Optimal Inflation

Dennis Snower and Liam Graham

8389: Canada: No Place Like Home for Antidumping

Rodney Ludema and Anna Maria Mayda

8388: Forecasting the Price of Oil

Lutz Kilian, Ron Alquist and Robert Vigfusson

8387: Stock Prices and Monetary Policy Shocks: A General Equilibrium Approach

Chryssi Giannitsarou and Edouard Challe

8386: Credit Conditions and the Real Economy: The Elephant in the Room

John Muellbauer and David Williams

8385: Law and Economy in Traditional China: A "Legal Origin" Perspective on the Great Divergence

Debin Ma

8384: British Relative Economic Decline Revisited

Nicholas Crafts

8383: Sequential Contests with Synergy and Budget Constraints

Aner Sela and Reut Megidish

8382: Trade Liberalization and the Wage Skill Premium: Evidence from Indonesia

Mary Amiti and Lisa Cameron

8381: Household Leverage and the Recession

Thomas Philippon and Virgiliu Midrigan

8380: Formation and Persistence of Oppositional Identities

Thierry Verdier, Yves Zenou, Alberto Bisin and Eleonora Patacchini

8379: Financial Cycles: What? How? When?

Stijn Claessens, Ayhan Kose and Marco Terrones

8378: Relational contracts when the agent's productivity inside the relationship is correlated with outside opportunities

Alexander Wagner

8377: Evolution and the Growth Process: Natural Selection of Entrepreneurial Traits

Oded Galor and Stelios Michalopoulos

8376: China's Latent Human Capital Investment: Achieving Milestones and Competing for the Top

Klaus Zimmermann, Amelie Constant, Bienvenue Tien and Jingzhou Meng

8375: Investing in schooling in Chile: The role of information about financial aid for higher education

Taryn Dinkelman and Martínez A, Claudia

8374: Smiling is a Costly Signal of Cooperation Opportunities: Experimental Evidence from a Trust Game

Paul Seabright, Astrid Hopfensitz, Samuele Centorrino, Elodie Djemai and Manfred Milinski

8373: Recessions are bad for workplace safety

Jan C. van Ours, Zweimüller, Josef, Jan Boone and Jean-Philippe Wuellrich

8372: Organizational Economics with Cognitive Costs

Andrea Prat and Luis Garicano

8371: Investments in Pharmaceuticals Before and After TRIPS

Margaret Kyle and Anita M McGahan

8370: The Welfare Effects of Bundling in Multichannel Television Markets

Gregory Crawford and Ali Yurukoglu

8369: The Rise and Fall of Spain (1270-1850)

Leandro Prados de la Escosura and Carlos à lvarez-Nogal

8368: Do Local Elections in Non-Democracies Increase Accountability? Evidence from Rural China

Nancy Qian, Padró i Miquel, Gerard, Monica Martinez-Bravo and Yang Yao

8367: Market Size and Pharmaceutical Innovation

Paul Seabright, Fiona Scott Morton, Pierre Dubois and Olivier de Mouzon

8366: Investments as Signals of Outside Options

Patrick Schmitz and Goldlücke, Susanne

8365: Persecution Perpetuated: The Medieval Origins of Anti-Semitic Violence in Nazi Germany

Hans-Joachim Voth and Voigtländer, Nico

8364: Business cycle measurement with some theory

Fabio Canova and Matthias Paustian

8363: A Test of Racial Bias in Capital Sentencing

Alberto Alesina and Eliana La Ferrara

8362: Where It All Began: Lending of Last Resort and the Bank of England during the Overend, Gurney Panic of 1866

Marc Flandreau and Stefano Ugolini

8361: Shifting Credit Standards and the Boom and Bust in US House Prices

John Muellbauer, Anthony Murphy and John Duca

8360: House Prices and Credit Constraints: Making Sense of the US Experience

John Muellbauer, Anthony Murphy and John Duca

8359: Debt Portfolios

Winfried Koeniger and Thomas Hintermaier

8358: Sovereign Default Risk and Bank Fragility in Financially Integrated Economies

Patrick Bolton and Olivier Jeanne

8357: On the importance of sectoral and regional shocks for price-setting

Kirstin Hubrich, Massimiliano Marcellino and Guenter Beck

8356: Decentralization, Happiness, and the Perception of Institutions

Rodríguez-Pose, Andrés and Luis Diaz-Serrano

8355: The International Risk-Sharing Puzzle is at Business Cycle and Lower Frequency

Giancarlo Corsetti, Luca Dedola and Francesca Viani

8354: Hidden consequences of a first-born boy for mothers

Andrea Ichino, Eliana Viviano and Lindström, Elly-Ann

8353: Entry and Competition in Differentiated Products Markets

Frank Verboven and Catherine Schaumans

8352: War Signals: A Theory of Trade, Trust and Conflict

Fabrizio Zilibotti and Dominic Rohner

8351: How Prediction Markets Can Save Event Studies

Justin Wolfers, Eric Zitzewitz and Erik Snowberg

8350: Learning from Prices, Liquidity Spillovers, and Market Segmentation

Thierry Foucault and Giovanni Cespa

8349: Market Size, Competition, and the Product Mix of Exporters

Gianmarco Ottaviano, Marc Melitz and Thierry Mayer

8348: Macroeconomic Effects of Unconventional Monetary Policy in the Euro Area

Gert Peersman

8347: Business Cycle Synchronization Since 1880

Michael Artis, Pkg Harischandra and George Chouliarakis

8346: ECB Repo Rate Setting During the Financial Crisis

Stefan Gerlach

8345: Are capital intensive firms the biggest exporters?

Rikard Forslid and Toshihiro Okubo

8344: The Effect of Agglomeration Size on Local Taxes

Kurt Schmidheiny and Eva Luthi

8343: Carry Trade and Momentum in Currency Markets

Martin Eichenbaum, Sergio Rebelo and Craig Burnside

8342: Joint estimates of automatic and discretionary fiscal policy: the OECD 1981-2003

Jacques Melitz and Julia Darby

8341: The Changing International Transmission of Financial Shocks: Evidence from a Classical Time-Varying FAVAR

Massimiliano Marcellino, Sandra Eickmeier and Wolfgang Lemke

8340: Learning as a Rational Foundation for Macroeconomics and Finance

Seppo Honkapohja and George Evans

8339: Does Parental Education Affect Fertility? Evidence from Pre-Demographic Transition Prussia

Ludger Woessmann, Sascha Becker and Francesco Cinnirella

8338: Patent Office Governance and Patent System Quality

Pierre Picard and Bruno van Pottelsberghe de la Potterie

8337: The Flight Home Effect: Evidence from the Syndicated Loan Market During Financial Crises

Mariassunta Giannetti and Luc Laeven

8336: Security Design: Signaling versus Speculative Markets

Gilles Chemla and Christopher Hennessy

8335: Industrial Catching Up in the Poor Periphery 1870-1975

Jeffrey G. Williamson

8334: The role of intuition and reasoning in driving aversion to risk and ambiguity

Luigi Guiso, Tullio Jappelli and Jeffrey Butler

8333: Optimal Bank Capital

David Miles, Jing Yang and Gilberto Marcheggiano

8332: Systemic Risk and Network Formation in the Interbank Market

Yves Zenou, Eleonora Patacchini and Ethan Cohen-Cole

8331: Cross-Listing, Investment Sensitivity to Stock Price and the Learning Hypothesis

Thierry Foucault and Frésard, Laurent

8330: Tax-Adjusted Discount Rates: A General Formula under Constant Leverage Ratios

Kjell Nyborg and Molnár, Peter

8329: Intergenerational Redistribution in the Great Recession

Jonathan Heathcote, Dirk Krueger and Andrew Glover

8328: Taxes, Social Subsidies and the Allocation of Work Time

Christopher Pissarides and L. Rachel Ngai

8327: Leverage as a Predictor for Real Activity and Volatility

Robert Kollmann and Stefan Zeugner

8326: Happiness on Tap: Piped Water Adoption in Urban Morocco

Esther Duflo, Pascaline Dupas, Parienté, William, Florencia Devoto and Vincent Pons

8325: How do credit conditions shape economic recoveries?

Fabrizio Coricelli and Isabelle Roland

8324: Liquidity shocks, roll-over risk and debt maturity

Javier Suarez and Anatoli Segura

8323: A Theory of BOT Concession Contracts

Emmanuelle Auriol and Pierre Picard

8322: Credit Channels in a Liquidity Trap

Morten Ravn and Karel Mertens

8321: Classical time-varying FAVAR models - Estimation, forecasting and structural analysis

Massimiliano Marcellino, Sandra Eickmeier and Wolfgang Lemke

8320: Retaining through training; even for older workers

Jan C. van Ours and Matteo Picchio

8319: An impure public good model with lotteries in large groups

Haydée Lugo

8318: The Origins of Intergenerational Associations in Crime: Lessons from Swedish Adoption Data

Randi Hjalmarsson and Matthew Lindquist

8317: Machines and machinists: Capital-skill complementarity from an international trade perspective

Miklós Koren and Csillag, Márton

8316: Persistent anti-market culture: A legacy of the Pale of Settlement and of the Holocaust

Irena Grosfeld, Ekaterina Zhuravskaya and Alexander Rodnyansky

8315: Democratization and Civil Liberties: The Role of Violence During the Transition

Uwe Sunde, Piergiuseppe Fortunato and Matteo Cervellati

8314: Predicting Lotto Numbers

Jean-Robert Tyran, Sigrid Suetens and ,

8313: Hedging and Vertical Integration in Electricity Markets

Gilles Chemla, Nizar Touzi, Aïd, René and Arnaud Porchet

8312: Voluntary participation and intergenerational risk sharing in a funded pension system

Roel Beetsma, Ward Romp and Siert Vos

8311: Education and Migration Choices in Hierarchical Societies: The Case of Matam, Senegal

Emmanuelle Auriol and Jean-Luc Demonsant

8310: A Decade of Debt

Kenneth Rogoff and Carmen Reinhart

8309: What Explains the Lagged Investment Effect?

Sergio Rebelo, Janice Eberly and Nicolas Vincent

8308: Trust in Public Institutions over the Business Cycle

Justin Wolfers and Betsey Stevenson