CEPR Discussion Papers

From Centre for Economic Policy Research
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6801: Competition and Quality in Regulated Markets: a Differential-Game Approach

Roberto Cellini, Kurt Brekke and Luigi Siciliani

6800: Labour Market Asymmetries in a Monetary Union

Torben M Andersen and Martin Seneca

6799: Active and Passive Waste in Government Spending: Evidence from a Policy Experiment

Andrea Prat, Tommaso Valletti and Oriana Bandiera

6798: Market Potential and Development

Thierry Mayer

6797: International Migration, Ethnicity and Economic Inequality

Klaus Zimmermann and Martin Kahanec

6796: Was Germany Ever United? Evidence from Intra- and International Trade, 1885 -1933

Nikolaus Wolf

6795: Long Run and Short Run Dynamics in Italian Manufacturing Labour Productivity

Carmine Pappalardo and Tatiana Cesaroni

6794: Insiders-Outsiders, Transparency and the Value of the Ticker

Thierry Foucault and Giovanni Cespa

6793: The Struggle for Palestinian Hearts and Minds: Violence and Public Opinion in the Second Intifada

David Jaeger, M. Daniele Paserman, Esteban Klor and Sami Miaari

6792: Israel 1983: A Bout of Unpleasant Monetarist Arithmetic

Thomas Sargent and Joseph Zeira

6791: How much structure in empirical models?

Fabio Canova

6790: Fast Track Authority and International Trade Negotiations

Maurizio Zanardi, Giovanni Facchini and Paola Conconi

6789: Microstructure of Collaboration: The 'Social Network' of Open Source Software

Chaim Fershtman and Neil Gandal

6788: Lumpy Capacity Investment and Disinvestment Dynamics

David Besanko, Ulrich Doraszelski, Mark Satterthwaite and Lauren Xiaoyuan Lu

6787: Links and Architecture in Village Networks

Emanuela Sciubba and Pramila Krishnan

6786: Economic Linkages Across Space

Anthony Venables, Patricia Rice and Henry Overman

6785: Soap Operas and Fertility: Evidence from Brazil

Suzanne Duryea, Eliana La Ferrara and Alberto Chong

6784: A Caseworker Like Me - Does the Similarity between unemployed and Caseworker Increase Job Placements?

Michael Lechner, Frölich, Markus and Stefanie Behncke

6783: Gasoline prices jump up on Mondays: An outcome of aggressive competition?

Frode Steen and Øystein Foros

6782: Housing, Credit and Consumer Expenditure

John Muellbauer

6781: Pitfalls of Participatory Programs: Evidence from a Randomized Evaluation in Education in India

Rachel Glennerster, Abhijit Banerjee, Esther Duflo, Rukmini Banerji and Stuti Khemani

6780: Tobacco and Alcohol: Complements or Substitutes? A Structural Model Approach

Christoph Schmidt, Till Requate, Göhlmann, Silja and Harald Tauchmann

6779: Asset Prices, Debt Constraints and Inefficiency

Pietro Reichlin and Gaetano Bloise

6778: Do Benevolent Aspects Have Room in Explaining EU Budget Receipts?

Mika Widgrén and Heikki Kauppi

6777: Taxing Sin Goods and Subsidizing Health Care

Pierre Pestieau, Helmuth Cremer, Philippe De Donder and Darío Maldonado

6776: Habit Formation and Labour Supply

Pierre Pestieau, Helmuth Cremer, Philippe De Donder and Darío Maldonado

6775: Forced Saving, Redistribution and Nonlinear Social Security Schemes

Pierre Pestieau, Helmuth Cremer, Philippe De Donder and Darío Maldonado

6774: Secondary Issues and Party Politics: An Application to Environmental Policy

Philippe De Donder and Vincent Anesi

6773: Ensuring Financial Stability: Financial Structure and the Impact of Monetary Policy on Asset Prices

Stefan Gerlach and Katrin Assenmacher

6772: Trade Adjustment and Human Capital Investments: Evidence from Indian Tariff Reform

Nina Pavcnik, Eric Edmonds and Petia Topalova

6771: Women's Liberation: What's in It for Men?

Matthias Doepke and Michele Tertilt

6770: Carrots and Sticks: Prizes and Punishments in Contests

Benny Moldovanu, Aner Sela and Xianwen Shi

6769: Sequential Two-Prize Contests

Aner Sela

6768: Effective Political Contests

Aner Sela and Todd Kaplan

6767: Evolving International Inflation Dynamics: Evidence from a Time-varying Dynamic Factor Model

Haroon Mumtaz and Paolo Surico

6766: Policy Uncertainty and Precautionary Savings

Francesco Giavazzi and Michael McMahon

6765: Labour Markets and Monetary Policy: A New Keynesian Model with Unemployment

Olivier Blanchard and Galí, Jordi

6764: Second-Best Institutions

Dani Rodrik

6763: Contractual Democracy

Hans Gersbach

6762: Disentangling Market Access Effects for ASEAN Members Under an ASEAN-EU FTA

Jaime de Melo, Carrère, Céline and Bolormaa Tumurchudur

6761: Monetary Policy Inclinations

Hans Gersbach and Volker Hahn

6760: The Challenge of Reducing International Trade and Migration Barriers

L. Winters and Kym Anderson

6759: Tariffs, Trains, and Trade: The Role of Institutions versus Technology in the Expansion of Markets

Wolfgang Keller and Carol Shiue

6758: Did Fiscal Policy Makers Know What They Were Doing? Reassessing Fiscal Policy with Real Time Data

Andrew Hughes Hallett, Kerstin Bernoth and John Lewis

6757: The Lifecycle of Regions

David Audretsch, Maryann P Feldman, Oliver Falck and Stephan Heblich

6756: On the Impact of Forward Contract Obligations in Multi-Unit Auctions

Natalia Fabra and Maria-Angeles de Frutos

6755: Determinants of Expropriation in the Oil Sector: A Theory and Evidence from Panel Data

Sergei Guriev, Konstantin Sonin and Anton Kolotilin

6754: Ideology

Bénabou, Roland

6753: Does FOMC News Increase Global FX Trading?

Andreas Fischer and Angelo Ranaldo

6752: The Rise and Fall of Asylum: What Happened and Why?

Timothy Hatton

6751: Inequality in Land Ownership, the Emergence of Human Capital Promoting Institutions and the Great Divergence

Oded Galor, Omer Moav and Dietrich Vollrath

6750: Capital Markets, Information Aggregation and Inequality: Theory and Experimental Evidence

Grüner, Hans Peter

6749: Learning, Endogenous Indexation and Disinflation in the New-Keynesian Model

Volker Wieland

6748: Economic Projections and Rules-of-Thumb for Monetary Policy

Athanasios Orphanides and Volker Wieland

6747: Trade Policy and Innovation

Hylke Vandenbussche and Huasheng Song

6746: Short-term Forecasts of Euro Area GDP Growth

Lucrezia Reichlin, Gonzalo Camba-Mendez, Elena Angelini, Rünstler, Gerhard and Domenico Giannone

6745: International Competitiveness, Job Creation and Job Destruction - An Establishment Level Study of German Job Flows

Dieter Urban, Beatrice Weder di Mauro and Christoph Moser

6744: Budget Uncertainty and Faculty Contracts: A Dynamic Framework for Comparative Analysis

Konstantin Sonin, Irina Khovanskaya and Maria Yudkevich

6743: Offshoring and Immigrant Employment: Firm-level Theory and Evidence

Giuseppe Bertola, Giorgio Barba Navaretti and Alessandro Sembenelli

6742: Determinants of the Block Premium and of Private Benefits of Control

Rui Albuquerque and Enrique Schroth

6741: The Alliance Formation Puzzle and Capacity Constraints

Dan Kovenock and Kai Konrad

6740: Competition for FDI with Vintage Investment and Agglomeration Advantages

Dan Kovenock and Kai Konrad

6739: Investment Shocks and Business Cycles

Andrea Tambalotti, Giorgio Primiceri and Alejandro Justiniano

6738: Dispersion of Beliefs in the Foreign Exchange Market

Christian Wolff, Willem Verschoor, Ron Jongen and Remco Zwinkels

6737: Investment and Value: A Neoclassical Benchmark

Sergio Rebelo, Janice Eberly and Nicolas Vincent

6736: The Labour Market Impact of Immigration in Western Germany in the 1990's

Gianmarco Ottaviano, Giovanni Peri and Francesco D Amuri

6735: Norms and Institution Formation

Patrick Francois

6734: Corporate Hierarchies and the Size of Nations: Theory and Evidence

Dalia Marin and Thierry Verdier

6733: A User's Guide to Solving Dynamic Stochastic Games Using the Homotopy Method

Ulrich Doraszelski, Yaroslav Kryukov and Ron N. Borkovsky

6732: Together but Apart: ICT and Productivity Growth in Israel

Saul Lach, Manuel Trajtenberg and Gil Shiff

6731: Outsourcing and Technological Innovations: A Firm-Level Analysis

Ann Bartel, Saul Lach and Nachum Sicherman

6730: A Model of Vertical Oligopolistic Competition

Monika Schnitzer and Markus Reisinger

6729: Illusory Revenues: Tariffs in Resource-Rich and Aid-Rich Economies

Anthony Venables and Paul Collier

6728: Estimating Agglomeration Economies with History, Geology, and Worker Effects

Gilles Duranton, Pierre-Philippe Combes, Laurent Gobillon and Sébastien Roux

6727: Are Capital Controls in the Foreign Exchange Market Effective?

Christian Wolff, Stefan Straetmans and Roald Versteeg

6726: The Role of Contracting Schemes for Assessing the Welfare Costs of Nominal Rigidities

Juergen von Hagen and Matthias Paustian

6725: Repeated Moral Hazard, Limited Liability, and Renegotiation

Patrick Schmitz and Susanne Ohlendorf

6724: Heterogeneous Responses of Firms to Trade Protection

Hylke Vandenbussche and Jozef Konings

6723: The Optimal Level of International Reserves For Emerging Market Countries: A New Formula and Some Applications

Olivier Jeanne and Rancière, Romain

6722: The Role of Labour Market Changes in the Slowdown of European Productivity Growth

Robert J. Gordon and Ian Dew-Becker

6721: Home Bias at the Fund Level

Helene Rey and Harald Hau

6720: The Effects of Technology Shocks on Hours and Output: A Robustness Analysis

Fabio Canova, López-Salido, J David and Claudio Michelacci

6719: Clash of Career and Family: Fertility Decisions after Job Displacement

Rudolf Winter-Ebmer, Andrea Weber and Emilia Del Bono

6718: Self-fulfilling and Self-enforcing Debt Crises

Daniel Cohen and Sébastien Villemot

6717: Brain Drained: A Tale of Two Countries

Dan Ben-David

6716: A Policy Insight into the R&D-Patent Relationship

Bruno van Pottelsberghe de la Potterie and Gaétan de Rassenfosse

6715: Growth and Risk at the Industry Level: the Real Effects of Financial Liberalization

Rancière, Romain and Andrei Levchenko

6714: Why so Glum? The Meese-Rogoff Methodology Meets the Stock Market

Robert P Flood and Andrew Rose

6713: Supermarkets and Planning Regulation

Rachel Griffith and Heike Harmgart

6712: A Modern Reconsideration of the Theory of Optimal Currency Areas

Giancarlo Corsetti

6711: Job Search Monitoring and Unemployment Duration: Evidence from a Randomised Control Trial

John Micklewright and Gyula Nagy

6710: Evidence on the Insurance Effect of Marginal Income Taxes

Alexander Michaelides, Charles Grant, Mario Padula and Christos Koulovatianos

6709: Reference Prices and Nominal Rigidities

Martin Eichenbaum, Sergio Rebelo and Nir Jaimovich

6708: Factor-MIDAS for now- and forecasting with ragged-edge data: A model comparison for German GDP

Christian Schumacher and Massimiliano Marcellino

6707: Factor-augmented Error Correction Models

Anindya Banerjee and Massimiliano Marcellino

6706: Forecasting Macroeconomic Variables Using Diffusion Indexes in Short Samples with Structural Change

Anindya Banerjee, Massimiliano Marcellino and Igor Masten

6705: International Capital Flows

Eric van Wincoop and Cédric Tille

6704: Macroeconomic Interdependence and the International Role of the Dollar

Linda Goldberg and Cédric Tille

6703: Love and Taxes - and Matching Institutions

Kjell Lommerud and Kai Konrad

6702: Taxation, Aggregates and the Household

Nezih Guner, Gustavo Ventura and Remzi Kaygusuz