CEPR Discussion Papers

From Centre for Economic Policy Research
33 Great Sutton Street, London EC1V 0DX, UK.
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6300: Globalization, De-Industrialization and Mexican Exceptionalism 1750-1879

Jeffrey Williamson, Rafael Dobado Gonzales and Galvarriato, Aurora Gómez

6299: Productivity and Taxes as Drivers of FDI

Assaf Razin and Efraim Sadka

6298: Hit or Miss? The Effect of Assassinations on Institutions and War

Benjamin Jones and Benjamin Olken

6297: Volatility, Labour Market Flexibility, and the Pattern of Comparative Advantage

Cuñat, Alejandro and Marc Melitz

6296: Technology Transfer through Imports

Wolfgang Keller and Ram C. Acharya

6295: The Doubtful Profitability of Foggy Pricing

Eugenio Miravete

6294: Irving Fisher, Expectational Errors, and the UIP Puzzle

James Lothian, Kees Koedijk, Ronald Mahieu and Rachel Campbell

6293: Trade, Knowledge, and the Industrial Revolution

Kevin O'Rourke, Alan Taylor and Ahmed Rahman

6292: Foreign Firms, Domestic Wages

James Markusen, Malchow-Møller, Nikolaj and Bertel Schjerning

6291: Americans Do I.T. Better: US Multinationals and the Productivity Miracle

John van Reenen, Nicholas Bloom and Raffaella Sadun

6290: Specialization Patterns and the Factor Bias of Technology

Marco Maffezzoli and Cuñat, Alejandro

6289: International Migration: A Panel Data Analysis of the Determinants of Bilateral Flows

Anna Maria Mayda

6288: Growth and relative living standards - testing Barriers to Riches on post-war panel data

A. Patrick Minford, Jiang Wang and David Meenagh

6287: How Much Does the UK Invest in Intangible Assets?

Jonathan Haskel and Mauro Giorgio Marrano

6286: Search, Wage Posting and Urban Spatial Structure

Yves Zenou

6285: Competition and Waiting Times in Hospital Markets

Kurt Brekke and Luigi Siciliani

6284: EU Commercial Policy in a Multipolar Trading System

Simon Evenett

6283: The Trade Strategy of the European Union: Time for a Rethink?

Simon Evenett

6282: What Can Researchers Learn from the Suspension of the Doha Round Negotiations in 2006?

Simon Evenett

6281: Party Formation and Racism

Philippe De Donder and Vincent Anesi

6280: Consumption and Labour Supply with Partial Insurance: An Analytical Framework

Kjetil Storesletten, Giovanni Violante and Jonathan Heathcote

6279: Competing with Menus of Tariff Options

Eugenio Miravete

6278: The Distributional Consequences of Diversity-Enhancing University Admissions Rules

Erik Eyster and Jimmy Chan

6277: Firms in International Trade

Andrew Bernard, Stephen Redding, Peter Schott and J. Jensen

6276: Insidious Discrimination? Disentangling the Beauty Premium on a Game Show

V Bhaskar, Michèle Belot and Jeroen van de Ven

6275: How (not) to measure competition

Jan C. van Ours, Jan Boone and Henry Wiel

6274: Bribery in Health Care in Peru and Uganda

Jennifer Hunt

6273: Understanding Political Corruption in Low Income Countries

Rohini Pande

6272: Corruption Perceptions vs. Corruption Reality

Benjamin Olken

6271: Measuring Factor Income Shares at the Sector Level - A Primer

Berthold Herrendorf and Akos Valentinyi

6270: Comparing Subjective and Objective Measures of Health: Evidence from Hypertension for the Income/Health Gradient

Carol Propper, Michael Shields and David Johnston

6269: Women's Earning Power and the 'Double Burden' of Market and Household Work

Natalie Chen, Carlo Perroni and Paola Conconi

6268: Unlocking Value: Equity Carve outs as Strategic Real Options

Enrico Perotti and Silvia Rossetto

6267: Kids or Courses? Gender Differences in the Effects of Active Labour Market Policies

Michael Lechner and Stephan Wiehler

6266: Increasing Returns to Education: Theory and Evidence

Alison Booth, Melvyn Coles and Xiaodong Gong

6265: The Impact of Fiscal Policy on Labour Supply and Education in an Economy with Household and Market Production

Alison Booth and Melvyn Coles

6264: Assessing China?s Exchange Rate Regime

Jeffrey Frankel and Shang-Jin Wei

6263: Choosing the Legal Retirement Age in Presence of Unemployment

Georges Casamatta and Caroline De Paoli

6262: Rethinking Trade Preferences: How Africa Can Diversify its Exports

Anthony Venables and Paul Collier

6261: Performance Indicators for Quality with Adverse Selection, Gaming and Inequality Aversion

Michael Kuhn and Luigi Siciliani

6260: Information Technology Use and Productivity at the Individual Level

Neil Gandal, Charles King and Marshall Van Alstyne

6259: Are Fair Trade Labels Effective Against Child Labour?

Jean-Marie Baland and Cédric Duprez

6258: Exclusionary Pricing and Rebates When Scale Matters

Massimo Motta and Liliane Giardino-Karlinger

6257: Unbundling Ownership and Control

Daniel Ferreira, Emanuel Ornelas and ,

6256: The Invisible Hand in Corporate Governance

Luc Laeven and Vidhi Chhaochharia

6255: Retail Energy Prices and Consumer Expenditures

Lutz Kilian and Paul Edelstein

6254: Checking Out: Exits from Currency Unions

Andrew Rose

6253: Ruggedness: The Blessing of Bad Geography in Africa

Diego Puga and Nathan Nunn

6252: Pillars of Globalization: A history of monetary policy targets, 1797-1997

Marc Flandreau

6251: From Bottom to Top: The Entire Distribution of Market Income in Germany, 1992-2001

Viktor Steiner, Giacomo Corneo and Stefan Bach

6250: Learning and the Great Inflation

Martin Ellison and Giacomo Carboni

6249: Why Do Emerging Economies Borrow Short Term?

Sergio Schmukler, Fernando Broner and Guido Lorenzoni

6248: Two Tales on Resale

Klaus Schmidt and Höeffler, Felix

6247: Globalization and the Rise of the Entrepreneurial Economy

David Audretsch and Mark Sanders

6246: And Then There Were Four... How Many (and Which) Measures of Active Labour Market Policy Do We Still Need?

Klaus Zimmermann and Werner Eichhorst

6245: The Future of Social Security

, and Martin Gonzalez-Eiras

6244: The Dog that Did Not Bark: Insider Trading and Crashes

Marín Vigueras, José Maria and Jacques Olivier

6243: Optimal Sticky Prices under Rational Inattention

Bartosz Maćkowiak and Mirko Wiederholt

6242: Entrepreneurship, State Economic Development Policy, and the Entrepreneurial University

David Audretsch and Ronnie Phillips

6241: Security-Voting Structure and Bidder Screening

Mike Burkart, Christian At and Samuel Lee

6240: Legislative Process with Open Rules

Hans Gersbach and Theresa Fahrenberger

6239: Understanding Index Option Returns

Mikhail Chernov, Mark Broadie and Michael Johannes

6238: Regulating a Multi-Utility Firm

Carlo Scarpa and Giacomo Calzolari

6237: Which Factors Determine Academic Performance of Undergraduate Students in Economics? Some Spanish Evidence

Juan Dolado and Eduardo Morales

6236: The Beveridge Curve

Eran Yashiv

6235: Pricing of Scientific Journal and Market Power

Victor Ginsburgh, Mathias Dewatripont and Alexis Walckiers

6234: Academic Freedom, Private-Sector Focus and the Process of Innovation

Mathias Dewatripont, Jeremy Stein and Philippe Aghion

6233: Should We Really Expect More from Our Friends?

Didier Laussel and Tanguy van Ypersele

6232: Total Work, Gender and Social Norms

Daniel Hamermesh, Michael Burda and Philippe Weil

6231: Mortgage Markets, Collateral Constraints, and Monetary Policy: Do Institutional Factors Matter?

Tommaso Monacelli, Livio Stracca and Alessandro Calza

6230: Labour Market Adjustment, Social Spending and the Automatic Stabilizers in the OECD

Jacques Melitz and Julia Darby

6229: Price Competition in Markets with Customer Testing: The Captive Customer Effect

Heidrun Hoppe-Wewetzer and Ulrich Lehmann-Grube

6228: The Effect of Marital Breakup on the Income Distribution of Women with Children

Guy Michaels and ,

6227: Evidence from Surveys of Price-Setting Managers: Policy Lessons and Directions for Ongoing Research

Vitor Gaspar, Andrew Levin, Frank Smets and Fernando Martins

6226: Sectoral Transformation, Turbulence, and Labour Market Dynamics in Germany

Michael Burda and Ronald Bachmann

6225: Can the Natural Resource Curse Be Turned Into a Blessing? The Role of Trade Policies and Institutions

Frederick (Rick) van der Ploeg and Rabah Arezki

6224: Wholesale Markets in Telecommunications

Jerome Pouyet, Johan Hombert and Nicolas Schutz

6223: Asset Pricing with Adaptive Learning

Chryssi Giannitsarou and Eva Carceles-Poveda

6222: Does Globalization Create Superstars?

Hans Gersbach and Armin Schmutzler

6221: Survey Non-Response and Unemployment Duration - DO NOT PUBLISH

Peter Dolton, Gerard Van den Berg and Maarten Lindeboom

6220: Not published

David Vines and Sven Jari Stehn

6219: The Unobserved Heterogeneity Distribution in Duration Analysis

Jaap Abbring and Gerard van den Berg

6218: Offshoring: General Equilibrium Effects on Wages, Production and Trade

Richard Baldwin and Frederic Robert-Nicoud

6217: The Effect of Monetary Policy on Exchange Rates During Currency Crises: The Role of Debt, Institutions and Financial Openness

Sylvester Eijffinger and Benedikt Goderis

6216: Anticipated Fiscal Policy and Adaptive Learning

Seppo Honkapohja, George Evans and Kaushik Mitra

6215: Does Reform Work? An Econometric Examination of the Reform-Growth Puzzle

Nauro Campos and Ian Babetskii

6214: Intermediation and Investment Incentives

Martin Peitz and Paul Belleflamme

6213: Early Warning or Just Wise After the Event? The Problem of Using Cyclically Adjusted Budget Deficits for Fiscal Surveillance

Andrew Hughes Hallett, John Lewis and Rasmus Kattai

6212: Computable Markov-Perfect Industry Dynamics: Existence, Purification, and Multiplicity

Ulrich Doraszelski and Mark Satterthwaite

6211: How Important is Money in the Conduct of Monetary Policy?

Michael Woodford

6210: Bargaining in Mergers and Termination Fees

Stephanie Rosenkranz and Utz Weitzel

6209: The Race for Polluting Permits

Susana Peralta and Thierry Bréchet

6208: Country Portfolio Dynamics

Alan Sutherland and Michael Devereux

6207: Exclusive versus Non-exclusive Licensing Strategies and Moral Hazard

Patrick Schmitz

6206: Term Structure Forecasting: No-Arbitrage Restrictions vs Large Information Set

Carlo Favero, Luca Sala and Linlin Niu

6205: Dollarization and Exchange Rate Fluctuations

Patrick Honohan

6204: Is Lisbon far from Maastricht? Trade-offs and Complementarities between Fiscal Discipline and Structural Reforms

Alessandro Turrini, Marco Buti and ,

6203: The Race for Telecoms Infrastructure Investment with Bypass: Can Access Regulation Achieve the First-best?

Steffen Hoernig and João Vareda

6202: Finance and Efficiency: Do Bank Branching Regulations Matter?

Jean Imbs, Viral Acharya and Jason Sturgess

6201: A Lobbying Approach to Evaluating the Sarbanes-Oxley Act of 2002

Paola Sapienza, Vissing-Jørgensen, Annette and Yael Hochberg