CEPR Discussion Papers

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7858: Matching with Trade-offs: Revealed Preferences over Competing Characteristics

Salanié, Bernard and Alfred Galichon

7857: Does the Stock Market Harm Investment Incentives?

Alexander Ljungqvist, John Asker and Joan Farre-Mensa

7856: Community-based Development and Poverty Alleviation: An Evaluation of China?s Poor Village Investment Program

Albert Park and Sangui Wang

7855: Family Ties and Organizational Design: Evidence from Chinese Private Firms

Albert Park, Hongbin Li, Hongbin Cai and Li-An Zhou

7854: On the Long Run Evolution of Inheritance - France 1820-2050*

Thomas Piketty

7853: Investor Protection and Income Inequality: Risk Sharing vs Risk Taking

Alessandra Bonfiglioli

7852: Sequencing regionalism: Theory, European practice, and lessons for Asia

Richard Baldwin

7851: Under Pressure? The Effect of Peers on Outcomes of Young Adults

Kjell G Salvanes, Sandra Black and Paul Devereux

7850: On the Evolution of the US Consumer Wealth Distribution

Winfried Koeniger and Thomas Hintermaier

7849: Human Resource Management and Productivity

John van Reenen and Nicholas Bloom

7848: The nature of information and its effect on bidding behavior: laboratory evidence in a common value auction

Juan D. Carrillo, Isabelle Brocas and Manuel Castro

7847: Price and Brand Competition between Differentiated Retailers: A Structural Econometric Model

Pierre Dubois and Sandra Jodar Rosell

7846: Product and Process Innovation and Firms? decision to Export

Hylke Vandenbussche and Ilke Vanbeveren

7845: Housing market regulation and the social demand for job protection

Tanguy van Ypersele and Bruno Decreuse

7844: The Effect of Education on Equity Holdings

Sørensen, Bent E, Maria Luengo-Prado and Dmytro Hryshko

7843: The Internal Economics of a University - Evidence from Personnel Data

Frank Verboven and Catherine Haeck

7842: Spatial Asset Pricing: A First Step

Ortalo-Magné, François and Andrea Prat

7841: Infant Mortality and the Health of Survivors: Britain 1910-1950

Timothy Hatton

7840: Fiscal Foresight and the Effects of Goverment Spending

Mario Forni and Luca Gambetti

7839: Exports Versus FDI Revisited: Does Finance Matter?

Monika Schnitzer, Claudia Buch, Iris Kesternich and Alexander Lipponer

7838: Social Insurance, Education, and Work Ethics

Mark Gradstein

7837: International Trade in Services: A Portrait of Importers and Exporters

Chiara Criscuolo and Holger Breinlich

7836: Risk and the CEO Market: Why Do Some Large Firms Hire Highly-Paid, Low-Talent CEOs?

Xavier Gabaix and Alex Edmans

7835: When the North Last Headed South: Revisiting the 1930s

Vincent Reinhart and Carmen Reinhart

7834: The Role of Political Partisanship during Economic Crises

Vincenzo Galasso

7833: Banking and Sovereign Risk in the Euro Area

Stefan Gerlach, Guntram Wolff and Alexander Schulz

7832: Vertical Control of a Distribution Network - An Empirical Analysis of Magazines

Frank Verboven and Stijn Ferrari

7831: Tax Rules

Hans Gersbach, Volker Hahn and Stephan Imhof

7830: Progressive Taxes and Firm Births

Brülhart, Marius and Hans Ulrich Bacher

7829: International Business Travel: An Engine of Innovation?

Wolfgang Keller and Nune Hovhannisyan

7828: The Shape of Temptation: Implications for the Economic Lives of the Poor

Abhijit Banerjee and Sendhil Mullainathan

7827: Endogenous Monetary Policy Regimes and the Great Moderation

Massimiliano Marcellino and Galvão, Ana Beatriz

7826: Spatial Disparities in Hospital Performances

Laurent Gobillon and Carine Milcent

7825: Civil Society, Institutional Change and the Politics of Reform: The Great Transition

Gérard Roland, Bruszt, László, Jan Fidrmuc and Nauro Campos

7824: Currency Unions in Prospect and Retrospect

João Santos Silva and Silvana Tenreyro

7823: Multinational Banking in Europe: Financial Stability and Regulatory Implications Lessons from the Financial Crisis

Giorgio Barba Navaretti, Giacomo Calzolari, Alberto Pozzolo and Micol Levi

7822: Career Length: Effects of Curvature of Earnings Profiles, Earnings Shocks, and Social Security

Thomas Sargent and Lars Ljungqvist

7821: Moral Hazard and Efficiency in General Equilibrium with Anonymous Trading

Daron Acemoglu and Alp Simsek

7820: Whence Policy? Government Policies, Finance, and Economic Integration

Giuseppe Bertola and Anna Lo Prete

7819: Banking-on-the-Average Rules

Hans Gersbach and Volker Hahn

7818: Local Labor Markets

Enrico Moretti

7817: Does Regulation of Built-In Security Reduce Crime? Evidence from a Natural Experiment

Jan C. van Ours and Ben Vollaard

7816: The Economic Impact of the Little Ice Age

Morgan Kelly and Quang Van Tran

7815: Banking crises, Output Loss and Fiscal Policy

Székely, István P., Alessandro Turrini and Röger, Werner

7814: The Gains from Preferential Tax Regimes Reconsidered

Ian Wooton and Gaigné, Carl

7813: Fortune or Virtue: Time-Variant Volatilities Versus Parameter Drifting in U.S. Data

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

7812: Reading the Recent Monetary History of the U.S., 1959-2007

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

7811: Whatever Happened to Ireland?

Morgan Kelly

7810: Fiscal Rules in India: Are They Effective?

Willem Buiter and Urjit R. Patel

7809: The Rise and Decline of European Parliaments, 1188-1789

Jan Luiten van Zanden, Eltjo Buringh and Maarten Bosker

7808: Institutions and the Historical Roots of Latin American Divergence

Bértola, Luis

7807: Arab Economic Integration: Missing links

Khalid Sekkat

7806: Employment Protection, Technology Choice, and Worker Allocation

Pieter Gautier, Eric Bartelsman and Joris de Wind

7805: Swiss Monetary Policy, 2000-2009

Hans Genberg and Stefan Gerlach

7804: The Price Impact of Institutional Herding

Andrea Prat, Amil Dasgupta and Michela Verardo

7803: The Cliometrics of International Migration: A Survey

Timothy Hatton

7802: Expansion of Trade at the Extensive Margin: A General Gains-from-Trade Result and Illustrative Examples

James Markusen

7801: Explaining the Favorite-Longshot Bias: Is it Risk-Love or Misperceptions?

Justin Wolfers and Erik Snowberg

7800: Is Economic Recovery a Myth? Robust Estimation of Impulse Responses

C. N. Teulings and Nick Zubanov

7799: Asymmetric Information and List Price Reductions in the Housing Market

Bas van der Klaauw and Erik de Wit

7798: Currency Crises and Monetary Policy: A Study on Advanced and Emerging Economies

Sylvester Eijffinger and Bilge KarataÅŸ

7797: Empirical Simultaneous Confidence Regions for Path-Forecasts

Massimiliano Marcellino, Knüppel, Malte and Oscar Jorda

7796: Forecasting Government Bond Yields with Large Bayesian VARs

Massimiliano Marcellino, George Kapetanios and Andrea Carriero

7795: Optimal Mix of Applied and Basic Research, Distance to Frontier, and Openness

Hans Gersbach, Maik Schneider and Olivier Schneller

7794: The Price of Liquidity: Bank Characteristics and Market Conditions

Kjell Nyborg, Falko Fecht and Rocholl, Jörg

7793: Credit within the Firm

Luigi Guiso, Luigi Pistaferri and Fabiano Schivardi

7792: Does Ricardian Equivalence Hold When Expectations are not Rational?

Seppo Honkapohja, George Evans and Kaushik Mitra

7791: A Transaction Data Study of the Forward Bias Puzzle

Paolo Vitale, Dagfinn Rime and Francis Breedon

7790: Putting Per-Capita Income back into Trade Theory

James Markusen

7789: Asymmetric Standing Facilities: An Unexploited Monetary Policy Tool

Pérez Quirós, Gabriel and Hugo Rodriguez Mendizabal

7788: Conclude Doha: It Matters!

Aaditya Mattoo and Will Martin

7787: Why Governments Tax or Subsidize Trade: Evidence From Agriculture

Kishore Gawande

7786: Recent Developments in Intergenerational Mobility

Sandra Black and Paul Devereux

7785: Pricing and Information Disclosure in Markets with Loss-Averse Consumers

Martin Peitz and Heiko Karle

7784: Deep Financial Integration and Volatility

Sørensen, Bent E, Sebnem Kalemli-Ozcan and Vadym Volosovych

7783: A Balls-and-Bins Model of Trade

Miklós Koren and Roc Armenter

7782: Social Capital and Political Accountability

Guido Tabellini, Tommaso Nannicini and Andrea Stella

7781: The Term Structure of Interest Rates in a DSGE Model with Recursive Preferences

Rubio-Ramírez, Juan Francisco, Fernández-Villaverde, Jesús, Ralph Koijen and Jules van Binsbergen

7780: On the Dynamics of Hedge Fund Risk Exposures

Andrew Patton

7779: Training and Search during Unemployment

Johannes Spinnewijn

7778: Competition with Local Network Externalities

Espen Moen, Christian Riis and Fjeldstad, Øystein

7777: Search and Matching in the Housing Market

David Genesove and Lu Han

7776: EMU, EU, capital market integration and consumption smoothing

Jacques Melitz and Atanas Christev

7775: Trade-in-goods and trade-in-tasks: An Integrating Framework

Richard Baldwin and Frederic Robert-Nicoud

7774: Bargaining cum Voice

Hans Gersbach and Hans Haller

7773: Power Laws in Firm Size and Openness to Trade: Measurement and Implications

Romain Ranciere, Andrei Levchenko and Julian di Giovanni

7772: The Forward Premium Puzzle and Latent Factors Day by Day

Casper de Vries, Juergen von Hagen and Kerstin Bernoth

7771: Monetary Policy and Unemployment

Galí, Jordi

7770: Economic Growth with Bubbles

Jaume Ventura and Martín, Alberto

7769: Reconciling VAR-based and Narrative Measures of the Tax-Multiplier

Francesco Giavazzi and Carlo Favero

7768: Media Mergers and Media Bias with Rational Consumers

Simon Anderson and John McLaren

7767: Tax Arbitrage with Risk and Effort Aversion -- Swedish Lottery Bonds 1970-1990

Kristian Rydqvist

7766: Fiscal expansions affect unemployment, but they may increase it

Evi Pappa and Brückner, Markus

7765: The vulnerability of sub-Saharan Africa to the financial crisis: the case of trade

Philippe Martin and Nicolas Berman

7764: Hierarchical Trade

Hans Gersbach and Hans Haller

7763: The Forecasting Performance of Real Time Estimates of the Euro Area Output Gap

Massimiliano Marcellino and Alberto Musso

7762: Liquidity Hoarding and Interbank Market Spreads: The Role of Counterparty Risk

Florian Heider, Cornelia Holthausen and Marie Hoerova

7761: Cartels Uncovered

Frode Steen, Otto Toivanen and Ari Hyytinen

7760: Rational Inattention to Subsidies for Charitable Contributions

Kimberley Scharf and Sarah Smith

7759: Migration and Economic Mobility in Tanzania: Evidence from a Tracking Survey

Kathleen Beegle, , and Stefan Dercon