CEPR Discussion Papers

From C.E.P.R. Discussion Papers
Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
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6070: The Economic Impact of Central Bank Transparency: A Survey

Sylvester Eijffinger and Carin Cruijsen

6069: Effects on School Enrollment and Performance of a Conditional Cash Transfers Program in Mexico

Alain de Janvry, Pierre Dubois and Elisabeth Sadoulet

6068: Institutions, Infrastructure and Trade

Joseph Francois and Miriam Manchin

6067: Monetary Policy in a Small Open Economy with a Preference for Robustness

Söderström, Ulf, Kai Leitemo and ,

6066: The Evolution of Citizenship: Economic and Institutional Determinants

Graziella Bertocchi and Chiara Strozzi

6065: On Globalization and the Growth of Governments

Gino Gancia and Paolo Epifani

6064: Educational Inputs and Outcomes Before the Transition from Communism

Nauro Campos and John Beirne

6063: Anticipated Growth and Business Cycles in Matching Models

Wouter Den Haan and Georg Kaltenbrunner

6062: Solving Heterogeneous-Agent Models with Parameterized Cross-Sectional Distributions

Wouter Den Haan, Yann Algan and Olivier Allais

6061: Entrepreneurial Learning, the IPO Decision, and the Post-IPO Drop in Firm Profitability

Pietro Veronesi, Pástor, Luboš and Lucian Taylor

6060: Formal and Informal Risk Sharing in LDCs: Theory and Empirical Evidence

Bruno Jullien, Thierry Magnac and Pierre Dubois

6059: Using Randomization in Development Economics Research: A Toolkit

Michael Kremer, Rachel Glennerster and Esther Duflo

6058: The Part-Time Pay Penalty for Women in Britain

Alan Manning and Barbara Petrongolo

6057: How to Help Unemployed Find Jobs Quickly; Experimental Evidence from a Mandatory Activation Program

Jan C. van Ours and Brian Krogh Graversen

6056: The Effect of Trade on the Demand for Skill - Evidence from the Interstate Highway System

Guy Michaels

6055: Sovereign Risk and Secondary Markets

Jaume Ventura, Fernando Broner and Martín, Alberto

6054: Grant Support and Exporting Activity

Eric Strobl, Görg, Holger and Michael Henry

6053: When are Supply and Demand Determined Recursively Rather than Simultaneously? Another look at the Fulton Fish Market Data

Kathryn Graddy and Peter Kennedy

6052: Can Production Subsidies Foster Export Activity? Evidence from Chinese Firm Level Data

Sourafel Girma, Görg, Holger, Yundan Gong and Zhihong Yu

6051: Consumption Smoothing and Income Redistribution

Giuseppe Bertola and Winfried Koeniger

6050: The Age of Mass Migration: Economic and Institutional Determinants

Graziella Bertocchi and Chiara Strozzi

6049: Industry Reallocations in a Globalizing Economy

Gianmarco Ottaviano, Giordano Mion and Kristian Behrens

6048: International Profit Shifting within European Multinationals

Harry Huizinga and Luc Laeven

6047: Genetic Tests and Intertemporal Screening in Competitive Insurance Markets

Winand Emons

6046: What Do Independent Directors Know? Evidence from Their Trading

Paola Sapienza and Enrichetta Ravina

6045: Political Connections and Preferential Access to Finance: The Role of Campaign Contributions

Stijn Claessens, Luc Laeven and Erik Feijen

6044: Liquidity and Capital Structure

Ronald Anderson and Andrew Carverhill

6043: A Two-Step Estimator for Large Approximate Dynamic Factor Models Based on Kalman Filtering

Lucrezia Reichlin, Catherine Doz and Domenico Giannone

6042: Delegation and Incentives

Helmut Bester and Krähmer, Daniel

6041: Coarse Matching and Price Discrimination

Benny Moldovanu, Heidrun C. Hoppe-Wewetzer and Emre Ozdenoren

6040: Optimal Debt Contracts under Costly Enforcement

Hans Hvide and Tore Leite

6039: Management of Knowledge Workers

Hans Hvide and Eirik Kristiansen

6038: Dynamic Choice, Independence, and Emotions

Frans van Winden and Astrid Hopfensitz

6037: Trade Agreements as Endogenously Incomplete Contracts

Henrik Horn, Robert Staiger and Giovanni Maggi

6036: Bank Imputed Interest Rates: Unbiased Estimates of Offered Rates?

Evren Örs, and Tara Rice

6035: Optimal external debt and default

Bernardo Guimaraes

6034: Active Labour Market Policy Effects for Women in Europe - A Survey

Gerard van den Berg and Annette Bergemann

6033: Contractual Frictions and Global Sourcing

Elhanan Helpman and Pol Antrà s

6032: The Geography of Asset Trade and the Euro: Insiders and Outsiders

Philippe Martin and Nicolas Coeurdacier

6031: The Central Banker as a Risk Manager: Estimating the Federal Reserve's Preferences under Greenspan

Lutz Kilian and Simone Manganelli

6030: Pricing to Habits and the Law of One Price

Morten Ravn, Martín Uribe and Schmitt-Grohé, Stephanie

6029: Finance and Efficiency: Do Bank Branching Regulations Matter?

Jean Imbs, Viral Acharya and Jason Sturgess

6028: The Long-Term Consequences of Regional Specialization

Guy Michaels

6027: Evaluating An Estimated New Keynesian Small Open Economy Model

Jesper Lindé, Malin Adolfson, Stefan Laséen and Mattias Villani

6026: The Impact of ISO 9000 Diffusion on Trade and FDI: A New Institutional Analysis

Joseph Clougherty and Michal Grajek

6025: Pricing Patents for Licensing in Standard Setting Organisations: Making Sense of FRAND Commitments

Jorge Padilla, Richard Schmalensee and Anna Layne-Farrar

6024: Loans or Grants

Daniel Cohen, Helmut Reisen and Pierre Jacquet

6023: Technological change and the demand for currency: An analysis with household data

Francesco Lippi and Alessandro Secchi

6022: The Evolution of Entrepreneurial Spirit and the Process of Development

Oded Galor and Stelios Michalopoulos

6021: Risk-bearing and Entrepreneurship

Andrew Newman

6020: A Survey of the Literature on the WTO Dispute Settlement System

Henrik Horn and Petros C. Mavroidis

6019: Organizing for Synergies

Robert Gertner, Luis Garicano and Wouter Dessein

6018: Infrastructure and Public Utilities Privatization in Developing Countries

Emmanuelle Auriol and Pierre Picard

6017: Family Firms, Paternalism and Labour Relations

Holger Mueller and Thomas Philippon

6016: Two-Part Tariffs versus Linear Pricing Between Manufacturers and Retailers: Empirical Tests on Differentiated Products Markets

Pierre Dubois, Céline Bonnet and Michel Simioni

6015: National Labour Markets, International Factor Mobility and Macroeconomic Instability

Marta Aloi and Teresa Lloyd-Braga

6014: Dictators, Repression and the Median Citizen: An ?Eliminations Model? of Stalin?s Terror (Data from the NKVD Archives)

Paul Gregory, Konstantin Sonin and Philipp Schrôder

6013: Lucas and Anti-Lucas Paradoxes

Daniel Cohen, Marcelo Soto and Orsetta Causa

6012: A Simple Benchmark for Forecasts of Growth and Inflation

Massimiliano Marcellino

6011: Optimal Incentives under Moral Hazard and Heterogeneous Agents: Evidence from Production Contracts Data

Pierre Dubois and Tomislav Vukina

6010: The 'Great Moderation' and the US External Imbalance

Fabrizio Perri and Alessandra Fogli

6009: Competition Fosters Trust

Jean-Robert Tyran, Steffen Huck and Gabriele K. Ruchala

6008: Offshoring and Product Innovation

Gianmarco Ottaviano and Alireza Naghavi

6007: The Marginal Cost of Public Funds in Developing Countries: An Application to 38 African Countries

Emmanuelle Auriol and Michael Warlters

6006: From Farmers to Merchants, Voluntary Conversions and Diaspora: A Human Capital Interpretation of Jewish History

Zvi Eckstein and Maristella Botticini

6005: Direct Evidence of Dividend Tax Clienteles

Kristian Rydqvist, Magnus Dahlquist and Robertsson, Göran

6004: Heterogeneity of Preferences, Limited Commitment and Coalitions: Empirical Evidence on the Limits to Risk Sharing in Rural Paki

Pierre Dubois

6003: Wage Gaps and Job Sorting in African Manufacturing

Marcel Fafchamps, Najy Benhassine and Söderbom, Måns

6002: Subjective Welfare, Isolation and Relative Consumption

Marcel Fafchamps and Forhad Shilpi

6001: Isolation and Subjective Welfare

Marcel Fafchamps and Forhad Shilpi

6000: Fear and Market Failure: Global Imbalances and 'Self-insurance'

Marcus Miller

5999: Insecurity and Welfare

Marcel Fafchamps and Bart Minten

5998: Are Russian Commercial Courts Biased? Evidence from a Natural Bankruptcy Experiment

Ekaterina Zhuravskaya, Konstantin Sonin and Ariane Lambert-Mogiliansky

5997: Deflationary Shocks and Monetary Rules: An Open-Economy Scenario Analysis

Paolo Pesenti, Douglas Laxton and Papa N'Diaye

5996: Red Tape and Delayed Entry

Antonio Ciccone and Elias Papaioannou

5995: Changed to DP6000

Marcus Miller

5994: Not All Oil Price Shocks Are Alike: Disentangling Demand and Supply Shocks in the Crude Oil Market

Lutz Kilian

5993: Would Protectionism Defuse Global Imbalances and Spur Economic Activity? A Scenario Analysis

Paolo Pesenti, Douglas Laxton, Hamid Faruqee and Dirk Muir

5992: The Social Assimilation of Immigrants

Riccardo Faini, Alessandra Venturini and Domenico de Palo

5991: The Economics of Prozac (Do Employees Really Gain from Strong Employment Protection?)

Etienne Wasmer

5990: Academic Journals as Two-Sided Platforms: Empirical Evidence from Data on French Libraries

Marc Ivaldi, Pierre Dubois and Adriana Hernandez-Perez

5989: The Long Run Health and Economic Consequences of Famine on Survivors: Evidence from China's Great Famine

Nancy Qian and ,

5988: Structural Reforms and Growth: Product and Labor Market Deregulations

Sylvester Eijffinger and Alberto Rossi

5987: Licensing Complementary Patents and Vertical Integration

Klaus Schmidt

5986: Missing Women and the Price of Tea in China: The Effect of Sex-Specific Earnings on Sex Imbalance

Nancy Qian

5985: Businessman Candidates

Ekaterina Zhuravskaya, Konstantin Sonin and Scott Gehlbach

5984: Tax Competition and the International Distribution of Firm Ownership: An Invariance Result

Ian Wooton

5983: Gender, Ethnic Identity and Work

Klaus Zimmermann, Amelie Constant and Liliya Gataullina

5982: Measuring Competitiveness

J. Peter Neary

5981: A Solution to Two Paradoxes of International Capital Flows

Shang-Jin Wei and Jiandong Ju

5980: Beyond Trade Costs: Firms' Endogenous Access to International Markets

Armando Garcia Pires

5979: Losers, Winners and Prisoner's Dilemma in International Subsidy Wars

Armando Garcia Pires

5978: The Optimal Income Taxation of Couples

Emmanuel Saez, Claus Kreiner and Henrik Kleven

5977: Industry Concentration and Welfare - On the Use of Stock Market Evidence from Horizontal Mergers

Johan Stennek and Sven-Olof Fridolfsson

5976: Enforcement of Regulation, Informal Labour, Firm Size and Firm Performance

Rita Almeida and Pedro Carneiro

5975: Redistributive Politics with Distortionary Taxation

Benoit Crutzen and Nicolas Sahuguet

5974: International Taxation and the Direction and Volume of Cross-Border M&As

Harry Huizinga and Johannes Voget

5973: Euros and Zeros: The Common Currency Effect on Trade in New Goods

Richard Baldwin and Virginia Di Nino

5972: Mortality Risks, Education and Child Labour

Jean-Marie Baland and Fernanda Estevan

5971: Claiming More: The Increased Voluminosity of Patent Applications and its Determinants

Bruno van Pottelsberghe de la Potterie, Dominique Guellec and Nicolas van Zeebroeck