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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3617: Public Goods, Merit Goods, and the Relation Between Private and Government Consumption

Riccardo Fiorito and Tryphon Kollintzas

3616: Job Upgrading, Job Creation and Job Destruction

António Menezes

3615: Trade Secret Laws, Labour Mobility and Innovations

Massimo Motta and Rønde, Thomas

3614: Unemployment Compensation Finance and Aggregate Employment Fluctuations

Franck Malherbet and Olivier L'Haridon

3613: Cultural Inertia and Uniformity in Organizations

Denis Gromb and Juan D. Carrillo

3612: Exploitability as a Specification Test of the Phillips Curve

A. Patrick Minford and David Peel

3611: Political Activism, Trust, and Coordination

Bénabou, Roland and Marco Battaglini

3610: Fighting for Talent: Risk-Shifting, Corporate Volatility, and Organizational Change

Guido Friebel and Mariassunta Giannetti

3609: Sheepskin Effects in Japan

Thomas Bauer, John P Haisken-DeNew and Patrick J Dross

3608: Endogenous Exchange Rate Pass-Through When Nominal Prices Are Set in Advance

Charles Engel, Michael Devereux and Peter Ejler Storgaard

3607: Tax Competition and the Nature of Capital

Richard Baldwin and Rikard Forslid

3606: Can Equity Enhance Efficiency? Some Lessons from Climate Negotiations

Carlo Carraro, Francesco Bosello, Barbara Buchner and Davide Raggi

3605: Some Observations on the British and German 3G Telecom Auctions

Paul Klemperer

3604: Learning Temporal Preferences

Eugenio Miravete and Ignacio Palacios-Huerta

3603: Are We All Better Drivers than Average? Self-Perception and Biased Behaviour

Juan D. Carrillo and Isabelle Brocas

3602: Joining the Euro - the Macro Effects on the UK Economy

A. Patrick Minford, Bruce Webb and David Meenagh

3601: A Structure Analysis of the Correlated Random Coefficient Wage Regression Model

Jorgen Hansen and Christian Belzil

3600: Earnings Dispersion, Risk Aversion and Education

Jorgen Hansen and Christian Belzil

3599: Learning by Doing as a Propagation Mechanism

João Gomes, Yongsung Chang and Frank Schorfheide

3598: Contracts, Externalities and Incentives in Shopping Malls

Canice Prendergast, Eric Gould and B. Peter Pashigian

3597: An Assessment of the New Economy

Jonathan Temple

3596: Vintage Capital as an Origin of Inequalities

Giovanni Violante and Andreas Hornstein

3595: Interest Rate Effects on Output: Evidence from a GDP Forecasting Model for South Africa

John Muellbauer and Janine Aron

3594: Unemployment Dynamics of the 'Mezzogiornos of Europe': Lessons for the Mezzogiorno of Italy

Fiorella Kostoris Padoa Schioppa and Roberto Basile

3593: Efficient Market Hypothesis and Forecasting

Allan Timmermann and Clive Granger

3592: Marrying Your Mom: Preference Transmission and Women's Labour and Education Choices

Fernández, Raquel, Claudia Olivetti and Alessandra Fogli

3591: Monetary and Fiscal Policy Interactions in a Micro-Funded Model of a Monetary Union

Roel Beetsma and Henrik Jensen

3590: Language and Foreign Trade

Jacques Melitz

3589: Reforming Incentive Schemes Under Political Constraints: The Physician Agency

Gabrielle Demange and Pierre Geoffard

3588: People's Opium? Religion and Economic Attitudes

Luigi Guiso, Luigi Zingales and Paola Sapienza

3587: Human Capital in Growth Regressions: How Much Difference Does Data Quality Make? An Update and Further Results

Angel de La Fuente and Rafael Domenech

3586: Strategic Behaviour and Underpricing in Uniform Price Auctions: Evidence from Finnish Treasury Auctions

Kristian Rydqvist, Kjell Nyborg and Matti Keloharju

3585: Government and Cities: Contests and the Decentralization of Decision Making

Ira Gang and Gil Epstein

3584: Investment-Specific Technical Change in the US (1947-2000): Measurement and Macroeconomic Consequences

Giovanni Violante and Jason Cummins

3583: Does Income Inequality Lead to Consumption Inequality?

Fabrizio Perri and Dirk Krueger

3582: The Open Economy Phillips Curve: 'New Keynesian' Theory and Evidence

Assaf Razin, Chi-Wa Yuen and Prakash Loungani

3581: Determinacy Through Intertemporal Capital Adjustment Costs

Berthold Herrendorf and Akos Valentinyi

3580: International Interdependencies in Fiscal Stabilization Policies

Torben M Andersen and Morten Spange

3579: Measuring Effects of Trade Policy Distortions: How Far Have We Come?

Kym Anderson

3578: Peculiarities of Retaliation in WTO Dispute Settlement

Kym Anderson

3577: City Size Distributions as a Consequence of the Growth Process

Gilles Duranton

3576: Reducing Agriculture Tariffs Versus Domestic Support: What's More Important for Developing Countries?

Marcelo Olarreaga and Francis Ng

3575: Institutional Causes, Macroeconomic Symptoms: Volatility, Crises and Growth

Daron Acemoglu, Simon Johnson, James Robinson and Yunyong Thaicharoen

3574: A Small Estimated Euro Area Model with Rational Expectations and Nominal Rigidities

Günter Coenen and Volker Wieland

3573: Financial Sector Competition, Services Trade, and Growth

Joseph Francois and ,

3572: Non-Preferential Trading Clubs

Alan Woodland and Pascalis Raimondos

3571: Does Antidumping Protection Raise Market Power? Evidence from Firm Level Data

Hylke Vandenbussche and Jozef Konings

3570: Input Price Discrimination with Downstream Cournot Competitors

Tommaso Valletti

3568: Structural Uncertainty and Central Bank Conservatism: The Ignorant Should Keep Their Eyes Shut

Michael Spagat and Joao Mauricio Rosal

3567: Public Saving and Policy Coordination in Ageing Economies

Martin Flodén

3566: When Does Strategic Debt Service Matter?

Viral Acharya, Rangarajan K Sundaram, Jingzhi Huang and Marti Subrahmanyam

3565: Vertical Integration and Distance to Frontier

Philippe Aghion, Daron Acemoglu and Fabrizio Zilibotti

3564: Policy Interaction, Learning and the Fiscal Theory of Prices

Seppo Honkapohja and George Evans

3563: The Structure of Corporate ownership in Privatized Utilities

Francesc Trillas

3562: Conditionality and Ownership in IMF Lending: A Political Economy Approach

Allan Drazen

3561: Why the Link Between Volatility and Growth is Both Positive and Negative

Jean Imbs

3560: Information, Corruption and Optimal Law Enforcement

Nuno Garoupa and Mohamed Jellal

3559: What Fundamentals Drive World Migration?

Timothy Hatton and Jeffrey Williamson

3558: Managerial Power and Rent Extraction in the Design of Executive Compensation

Lucian Bebchuk, Jesse Fried and David I Walker

3557: Effects of Ownership and Financial Status on Corporate Environmental Performance

Dietrich Earnhart and Lízal, Lubomír

3556: Human Capital, Growth and Inequality in Transition Economies

Michael Spagat

3555: It's Not What You Make, It's How You Use IT: Measuring the Welfare Benefits of the IT Revolution Across Countries

Tamim Bayoumi and Markus Haacker

3554: A Simple Second-Order Solution Method For Dynamic General Equilibrium Models

Alan Sutherland

3553: The Market for Corporate Law

Lucian Bebchuk, Oren Bar-Gill and Michal Barzuza

3552: Product Labelling, Quality and International Trade

Marion Jansen and Andre Faria

3550: Tracking Greenspan: Systematic and Unsystematic Monetary Policy Revisited

Lucrezia Reichlin, Luca Sala and Domenico Giannone

3549: Outside Offers and the Gender Pay Gap: Empirical Evidence from the UK

Alison Booth, Jeff Frank and David Blackaby

3548: Equilibrium Wage Dispersion with Worker and Employer Heterogeneity

Jean-Marc Robin and Fabien Postel-Vinay

3547: Buyer Power and Supplier Incentives

Christian Wey and Roman Inderst

3546: The Performance of Optimally Diversified Firms: Reconciling Theory and Evidence

João Gomes and Dmitry Livdan

3545: Towards a Theory of Current Accounts

Jaume Ventura

3544: The Role of Background Factors for Reading Literacy: Straight National scores in the Pisa 2000 Study

Christoph Schmidt and Michael Fertig

3543: The European Employment Experience

Thomas Sargent and Lars Ljungqvist

3542: Regional Specialization and Transport Costs

Jacques Thisse and Takatoshi Tabuchi

3541: A Brazilian Debt-Crisis Model

Assaf Razin and Efraim Sadka

3540: Dynamic General Equilibrium Analysis: The Open Economy Dimension

Philip Lane and Giovanni Ganelli

3539: A Gravity Model of International Lending: Trade, Default and Credit

Andrew Rose and Mark Spiegel

3538: Do We Really Know that the WTO Increases Trade?

Andrew Rose

3537: Institutional Causes, Macroeconomic Symptoms: Volatility, Crises and Growth

Daron Acemoglu, Simon Johnson and James A. Robinson

3536: In-Kind Finance

Tore Ellingsen and Mike Burkart

3535: Does Competition Solve the Hold-up Problem?

Kevin Roberts and Leonardo Felli

3534: Technological Change, Organizational Change, and Job Turnover

Thomas Bauer and Stefan Bender

3533: Exchange Rates and Adjustment: Perspectives from the New Open Economy Macroeconomics

Maurice Obstfeld

3532: Importing Equality? The Impact of Globalization on Gender Discrimination

Elizabeth Brainerd and Sandra Black

3531: So Many Rocket Scientists, so Few Marketing Clerks: Occupational Mobility in Times of Rapid Technological Change

Nauro Campos and Aurelijus Dabusinskas

3530: International Business Cycles: The Quantitative Role of Transportation Costs

Morten Ravn and Elisabetta Mazzenga

3529: Forecasting EMU Macroeconomic Variables

Massimiliano Marcellino

3528: Why are Poor Countries Poor? A Message of Hope which Involves the Resolution of a Becker/Lucas Paradox

Daniel Cohen and Marcelo Soto

3527: Enclaves, Language and the Location Choice of Migrants

Ira Gang, Thomas Bauer and Gil Epstein

3526: Power Inside the Firm and the Market: a General Equilibrium Approach

Dalia Marin and Thierry Verdier

3525: In Search of the Holy Grail: Policy Convergence, Experimentation and Economic Performance

Dani Rodrik and Sharun Mukand

3524: Feasible Globalizations

Dani Rodrik

3523: Factor Price Equalization in the UK?

Andrew Bernard, Stephen Redding, Helen Simpson and Peter Schott

3522: Globalization and Cooperative Relations

Giancarlo Spagnolo

3521: Europe's 'New' Stock Markets

Laura Bottazzi and Marco Da Rin

3520: Consumption and Habits: Evidence from Panel Data

López-Salido, J David, Raquel Carrasco and Jose Labeaga

3519: When Economic Reform Goes Wrong: Cashews in Mozambique

Dani Rodrik, Margaret McMillan and Karen Horn Welch

3518: Understanding Bilateral Exchange Rate Volatility

Philip Lane and Michael Devereux

3517: Human Capital and the Future of Transition Economies

Michael Spagat

3516: Knowledge Creation and Control in Organizations

Diego Puga and Daniel Trefler