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CEPR Discussion Papers

From Centre for Economic Policy Research
33 Great Sutton Street, London EC1V 0DX, UK.

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5798: Coordination and Lock-In: Competition with Switching Costs and Network Effects Downloads
Paul Klemperer and Joseph Farrell
5797: On the Relevance of Exchange Rate Regimes for Stabilization Policy Downloads
Isabel Correia, Pedro Teles and Adão, Bernardino
5796: Tax Rate Variability and Public Spending as Sources of Inderterminacy Downloads
Leonor Modesto, Teresa Lloyd-Braga and Thomas Seegmuller
5795: General Equilibrium and the Emergence of (Non) Market Clearing Trading Institutions Downloads
Georg Kirchsteiger and Carlos Alós-Ferrer
5794: Leniency and Whistleblowers in Antitrust Downloads
Giancarlo Spagnolo
5793: Fiscal Policy and the Term Structure: Evidence from the Case of Italy in the EMS and the EMU Periods Downloads
Carlo Favero and Stefano Giglio
5792: Child Education and Work Choices in the Presence of a Conditional Cash Transfer Programme in Rural Colombia Downloads
Costas Meghir, Orazio Attanasio, Alice Mesnard, Emla Fitzsimons, , and Diana Lopez
5791: Cyclical Wages in a Search-and-Bargaining Model with Large Firms Downloads
Julio Rotemberg
5790: Do Actions Speak Louder than Words? Household Expectations of Inflation Based on Micro Consumption Data Downloads
Lutz Kilian, Atsushi Inoue and ,
5789: Homo Reciprocans: Survey Evidence on Prevalence, Behaviour and Success Downloads
Armin Falk, Thomas Dohmen, Uwe Sunde and David Huffman
5788: Evaluating the Foreign Ownership Wage Premium Using a Difference-in-Differences Matching Approach Downloads
Sourafel Girma and Görg, Holger
5787: Labour Adjustment: Disentangling Firing and Mobility Costs Downloads
Luigi Guiso, Luigi Pistaferri and Fabiano Schivardi
5786: The Performance of Italian Family Firms Downloads
Carlo Favero, Fausto Panunzi, Stefano Giglio and Maddalena Honorati
5785: Biological Gender Differences, Absenteeism and the Earning Gap Downloads
Andrea Ichino and Enrico Moretti
5784: A Theory of Employment Guarantees: Contestability, Credibility and Distributional Concerns Downloads
Ravi Kanbur, Nancy Chau and Arnab Basu
5783: Rules of Origin for Preferential Trading Arrangements: Implications for AFTA of EU and US Regimes Downloads
Jaime de Melo, Olivier Cadot and Alberto Portugal-Perez
5782: Steepest Ascent Tariff Reforms Downloads
Alan Woodland and Pascalis Raimondos
5781: When Anti-Dumping Measures Lead to Increased Market Power: A Case Study of the European Salmon Market Downloads
Frode Steen and Frank Asche
5780: Text and Voice: Complements, Substitutes or Both? Downloads
Frode Steen, Øystein Foros and Kjetil Andersson
5779: Parallel Imports and Price Controls Downloads
Gene Grossman and Edwin Lai
5778: How Progessive is the US Federal Tax System? An Historical and International Perspective Downloads
Thomas Piketty and Emmanuel Saez
5777: Postponing Retirement: the Political Push of Aging Downloads
Vincenzo Galasso
5776: Concentrated Ownership and Labour Relations Downloads
Holger Mueller and Thomas Philippon
5775: Multilateralising Regionalism: Spaghetti Bowls as Building Blocs on the Path to Global Free Trade Downloads
Richard Baldwin
5774: Procuring Innovation Downloads
Luis Cabral, Giancarlo Spagnolo, Guido Cozzi, Matteo Zanza and Vincenzo Denicolo'
5773: Optimal Value and Growth Tilts in Long-Horizon Portfolios Downloads
Luis Viceira and Jakub W Jurek
5772: How Robust is the New Conventional Wisdom? The Surprising Fragility of the Theoretical Foundations of Inflation Targeting and C Downloads
Willem Buiter
5771: The Renminbi's Dollar Peg at the Crossroads Downloads
Maurice Obstfeld
5770: Predictability in Financial Markets: What Do Survey Expectations Tell Us? Downloads
Philippe Bacchetta, Eric van Wincoop and Elmar Mertens
5769: Exports, Foreign Direct Investment and the Costs of Coporate Taxation Downloads
Christian Keuschnigg
5768: Pride and Prejudice: The Human Side of Incentive Theory Downloads
Tore Ellingsen and Magnus Johannesson
5767: Legal vs Ownership Unbundling in Network Industries Downloads
Crémer, Jacques, Helmuth Cremer and Philippe De Donder
5766: Foreign Direct Investment and R&D Offshoring Downloads
Hans Gersbach and Armin Schmutzler
5765: How Does Investing in Cheap Labour Countries Affect Performance at Home? France and Italy Downloads
Giorgio Barba Navaretti, Anne-Célia Disdier and Davide Castellani
5764: Capital Markets, Ownership and Distance Downloads
Wendy Carlin, Andrew Charlton and Colin Mayer
5763: Resource Allocation and Firm Scope Downloads
Guido Friebel and Michael Raith
5762: Do Credible Domestic Institutions Promote Credible International Agreements? Downloads
Carlo Perroni and Paola Conconi
5761: Is Partial Tax Harmonization Desirable? Downloads
Raymond Riezman, Carlo Perroni and Paola Conconi
5759: Bribes, Lobbying and Development Downloads
Jakob Svensson and Bard Harstad
5758: Conditional Allocation of Control Rights in Venture Capital Firms Downloads
Klaus Schmidt and Georg Gebhardt
5757: Rebate or Bait? A Model of Regret and Time Inconsistency in Consumer Behaviour Downloads
Francesco Drago and Dora Kadar
5756: The Brevity and Violence of Contractions and Expansions Downloads
Alisdair McKay
5755: When is FDI a Capital Flow? Downloads
Dalia Marin and Monika Schnitzer
5754: Estimation of Class-Size Effects, Using 'Maimonides' Rule': The Case of French Junior High Schools Downloads
Robert Gary-Bobo and Mohamed Badrane Mahjoub
5753: Jostling for Advantage: Licensing and Entry into Patent Portfolio Races Downloads
Ralph Siebert and Georg von Graevenitz
5752: Everything You Always Wanted to Know about Inventors (But Never Asked): Evidence from the PatVal-EU Survey Downloads
Dietmar Harhoff, Walter Garcia-Fontes, Alfonso Gambardella, Paola Giuri, Myriam Mariani, Alessandra Luzzi, Stefano Brusoni, ,, Dominique Francoz, Aldo Geuna, Raul Gonzales, Karin Hoisl, Christian LeBas, Laura Magazzini, Lionel Nesta, Nomaler, Önder, Neus Palomeras, Parimel Patel and Marzia Romanelli
5751: Legal Costs as Barriers to Trade Downloads
Tanguy van Ypersele and Alessandro Turrini
5750: Racial Segregation and Public School Expenditure Downloads
Eliana La Ferrara and Angelo Mele
5749: Menu Costs and Asymmetric Price Adjustment Downloads
Tore Ellingsen, John Hassler and Richard Friberg
5748: Media Freedom, Bureaucratic Incentives and the Resource Curse Downloads
Sergei Guriev, Georgy Egorov and Konstantin Sonin
5747: Optimal Selling Strategies When Buyers May Have Hard Information Downloads
Patrick Schmitz
5746: A Portfolio Theory of International Capital Flows Downloads
Michael Devereux and Makoto Saito
5745: Separation of Powers and the Budget Process Downloads
Elhanan Helpman and Gene Grossman
5744: Firms Merge in Response to Constraints Downloads
Jan Boone
5743: Expectations and Exchange Rate Policy Downloads
Charles Engel and Michael Devereux
5742: The Comparative Statics of Collusion Models Downloads
Kühn, Kai-Uwe and Michael S Rimler
5741: Shortening the Potential Duration of Unemployment Benefits Does Not Affect the Quality of Post-Unemployment Jobs: Evidence from Downloads
Jan C. van Ours and Milan Vodopivec
5740: Monetary Conservatism and Fiscal Policy Downloads
Klaus Adam and Roberto Billi
5739: Why Do Worker-Firm Matches Dissolve? Downloads
Jan C. van Ours and Anne Gielen
5738: Openness, Inequality and Poverty: Endowments Matter Downloads
Jaime de Melo, Julien Gourdon and Nicolas Maystre
5737: Does Where You Go Matter? The Impact of Outward Foreign Direct Investment on Multinationals' Employment at Home Downloads
Peter Debaere, Hongshik Lee and Joonhyung Lee
5736: From Temporary Help Jobs to Permanent Employment: What Can We Learn from Matching Estimators and their Sensitivity? Downloads
Andrea Ichino, Tommaso Nannicini and Fabrizia Mealli
5735: Cognitive Abilities and Portfolio Choice Downloads
Tullio Jappelli and Mario Padula
5734: Optimal Currency Shares in International Reserves: The Impact of the Euro and the Prospects for the Dollar Downloads
Richard Portes, Elias Papaioannou and Gregorios Siourounis
5733: Control Rights in Public-Private Partnerships Downloads
Abhinay Muthoo and Marco Francesconi
5732: Love thy Neighbour, Love thy Kin: Strategy and Bias in the Eurovision Song Contest Downloads
Thanasis Stengos and Sofronis Clerides
5731: Ranking Journals by Concentration of Author Affiliation: Thirty-Five Years of Finance Research Downloads
Kristian Rydqvist and Dennis Lasser
5730: Trade Integration, Firm Selection and the Costs of Non-Europe Downloads
Gianmarco Ottaviano, Giordano Mion and Massimo Del Gatto
5729: A Critical Appraisal of Recent Developments in the Analysis of Foreign Exchange Intervention Downloads
Paolo Vitale
5728: Exploiting Regional Treatment Intensity for the Evaluation of Labour Market Policies Downloads
Michael Lechner and Fröhlich, Markus
5727: Financial Innovations and Macroeconomic Volatility Downloads
Vincenzo Quadrini and Urban Jermann
5726: The Effect of Introducing a Non-redundant Derivative on the Volatility of Stock-Market Returns Downloads
Raman Uppal and Harjoat Bhamra
5725: Does Information Help Recovering Structural Shocks from Past Observations? Downloads
Lucrezia Reichlin and Domenico Giannone
5724: A Quasi Maximum Likelihood Approach for Large Approximate Dynamic Factor Models Downloads
Lucrezia Reichlin, Catherine Doz and Domenico Giannone
5723: Money Growth, Output Gaps and Inflation at Low and High Frequency: Spectral Estimates for Switzerland Downloads
Stefan Gerlach and Katrin Assenmacher
5722: Stock Price Informativeness, Cross-Listings and Investment Decisions Downloads
Thomas Gehrig and Thierry Foucault
5721: Foreign Aid and Fiscal Policy Downloads
Riccardo Faini
5720: Remittances and the Brain Drain Downloads
Riccardo Faini
5719: Where Are the Real Bottlenecks? Evidence from 20,000 Firms in 60 Countries About the Shadow Costs of Constraints to Firm Perform Downloads
Wendy Carlin, Mark Schaffer and Paul Seabright
5718: Institution Building and Growth in Transition Economies Downloads
Luc Laeven and Thorsten Beck
5717: Elections, Contracts and Markets Downloads
Hans Gersbach and Müller, Markus
5716: The Timing of Monetary Policy Shocks Downloads
Silvana Tenreyro and Giovanni Olivei
5715: Development, Democracy and Mass Killings Downloads
William Easterly, Roberta Gatti and Sergio Kurlat
5714: The Macroeconomics of Targeting: The Case of an Enduring Epidemic Downloads
Hans Gersbach and Clive Bell
5713: CEO Compensation and Strategy Inertia Downloads
Roman Inderst and Holger Mueller
5712: Bargaining for Bribes: The Role of Institutions Downloads
Raymond Fisman and Roberta Gatti
5711: Financing a Portfolio of Projects Downloads
Roman Inderst, Holger Mueller and Felix Muennich
5710: Sovereign Debt Restructuring: the Judge, the Vultures and Creditor Rights Downloads
Marcus Miller and Dania Thomas
5708: Multi-Product Firms and Product Switching Downloads
Andrew Bernard, Stephen Redding and Peter Schott
5706: Who Are China's Entrepreneurs? Downloads
Yingyi Qian, Gérard Roland, Simeon Djankov and Ekaterina Zhuravskaya
5705: Entrepreneurship in China and Russia Compared Downloads
Yingyi Qian, Simeon Djankov, Gérard Roland and Ekaterina Zhuravskaya
5704: Optimal Choice of Characteristics for a Non-Excludable Good Downloads
Isabelle Brocas
5703: Income Inequality and Progressive Income Taxation in China and India, 1986-2015 Downloads
Thomas Piketty and Nancy Qian
5702: Individual Attitudes Towards Immigrants: Welfare-State Determinants Across Countries Downloads
Anna Maria Mayda and Giovanni Facchini
5701: Strategic Patenting and Software Innovation Downloads
Mark Schankerman and Michael Noel
5700: Are Elite Universities Losing their Competitive Edge? Downloads
Luigi Zingales, Adair Morse and E Han Kim
5699: Can South-South Trade Liberalisation Stimulate North-South Trade? Downloads
Frederic Robert-Nicoud and Marco Fugazza
5698: Democracy and Protectionism Downloads
Kevin O'Rourke and Alan Taylor
5697: Financial Structure and Macroeconomic Volatility: Theory and Evidence Downloads
Harry Huizinga and Dantao Zhu
5696: Legal Status at Entry, Economic Performance and Self-Employment Proclivity: A Bi-National Study of Immigrants Downloads
Klaus Zimmermann and Amelie Constant
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