CEPR Discussion Papers

From Centre for Economic Policy Research
33 Great Sutton Street, London EC1V 0DX, UK.
Bibliographic data for series maintained by CEPR ().

Access Statistics for this working paper series.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

4776: Intra-Household Allocation and the Living Standards of the Elderly in Greece

Amanda Gosling and Eleni Karagiannaki

4775: Interest Rate Setting by the ECB: Words and Deeds

Stefan Gerlach

4774: Retirement Age and Health Expenditures

Pierre Pestieau, Helmuth Cremer and Jean-Marie Lozachmeur

4773: Disability Testing and Retirement

Pierre Pestieau, Helmuth Cremer and Jean-Marie Lozachmeur

4772: Financial Globalization, Growth and Volatility in Developing Countries

Shang-Jin Wei, Eswar Prasad, Kenneth Rogoff and Ayhan Kose

4771: Content and Advertising in the Media: Pay-TV versus Free-To-Air

Tommaso Valletti and Martin Peitz

4770: Economic and Regulatory Capital: What is the Difference?

Rafael Repullo and Abel Elizalde

4769: The Coordinated Effects of Mergers in Differentiated Products Markets

Kühn, Kai-Uwe

4768: On the Role of Arbitrageurs in Rational Markets

Suleyman Basak and Benjamin Croitoru

4767: Industrial Policy for the Twenty-First Century

Dani Rodrik

4766: Caution or Activism? Monetary Policy Strategies in an Open Economy

Lucio Sarno, Martin Ellison and Jouko Vilmunen

4765: Turbulence and Unemployment in a Job Matching Model

Wouter Den Haan, Christian Haefke and Garey Ramey

4764: Optimal Taxation in an RBC Model: A Linear-Quadratic Approach

Michael Woodford and Pierpaolo Benigno

4763: Structural Change in a Multi-Sector Model of Growth

Christopher Pissarides and L. Rachel Ngai

4762: Strong Contagion with Weak Spillovers

Martin Ellison, Liam Graham and Jouko Vilmunen

4761: Financial Market Development and the Rise in Firm Level Uncertainty

David Thesmar

4760: Do Markets Favour Women's Human Capital More Than Planners?

Jan Svejnar, Münich, Daniel and Katherine Terrell

4759: What Do Deficits Tell us About Debts? Empirical Evidence on Creative Accounting with Fiscal Rules in the EU

Juergen von Hagen and Guntram Wolff

4758: Verified Trust: Reciprocity, Altruism and Noise in Trust Games

Brülhart, Marius and Jean-Claude Usunier

4757: Capital Structure under Imperfect Enforcement

Hans Hvide and Tore Leite

4756: Economic Theories of Bundling and their Policy Implications in Abuse Cases: An Assessment in Light of the Microsoft Case

Kühn, Kai-Uwe, Robert Stillman and ,

4755: Liquidity Risk and Corporate Demand for Hedging and Insurance

Jean Rochet and Stephane Villeneuve

4754: Self-Employment Dynamics Across the Business Cycle: Migrants vs Natives

Klaus Zimmermann and Amelie Constant

4753: Dynamic Security Design

Jean Rochet, Bruno Biais, Thomas Mariotti and Guillaume Plantin

4752: The Rise of Fund Managers in Foreign Exchange

Thomas Gehrig and Lukas Menkhoff

4751: A Time-Frequency Analysis of the Coherences of the US Business Cycle and the European Business Cycle

Andrew Hughes Hallett and Christian Richter

4750: Comparing Shocks and Frictions in US and Euro Area Business Cycles: A Bayesian DSGE Approach

Frank Smets and Raf Wouters

4749: Forecasting with a Bayesian DSGE Model: An Application to the Euro Area

Frank Smets and Raf Wouters

4748: School Choice and Quality

Tullio Jappelli and Daniele Checchi

4747: Does it Cost to be Virtuous? The Macroeconomic Effect of Fiscal Constraints

Fabio Canova and Evi Pappa

4746: International Risk Sharing and the Transmission of Productivity Shocks

Giancarlo Corsetti, Luca Dedola and Sylvain Leduc

4745: Financial Globalization and Exchange Rates

Gian Maria Milesi-Ferretti and Philip Lane

4744: Intergenerational Education Transmission: Neighbourhood Quality and/or Parents' Involvement

Yves Zenou and Eleonora Patacchini

4743: Equilibrium Search Unemployment With Explicit Spatial Frictions

Yves Zenou and Etienne Wasmer

4742: Complementarities and Games: New Developments

Xavier Vives

4741: Inequality, Technology and the Social Contract

Bénabou, Roland

4740: Optimal Stabilization Policy When Wages and Prices are Sticky: The Case of a Distorted Steady State

Michael Woodford and Pierpaolo Benigno

4739: Inequality and Institutions

Mark Gradstein and Alberto Chong

4738: Growth, History and Institutions

Graziella Bertocchi

4737: Citizenship Laws and International Migration in Historical Perspective

Graziella Bertocchi and Chiara Strozzi

4736: Public Safety and the Moral Dilemma in the Defense Against Terror

Arye Hillman, Miriam Krausz and Raphael Franck

4735: Financial Intermediation with Contingent Contracts and Macroeconomic Risks

Hans Gersbach

4734: Properties of Scoring Auctions

Estelle Cantillon and John Asker

4733: Balance of Power

Jan Boone

4732: Fixed Costs and FDI: The Conflicting Effects of Productivity Shocks

Assaf Razin, Efraim Sadka and Yona Rubinstein

4731: On the Optimal Timing of Taxes

Fabrizio Zilibotti, John Hassler and Kjetil Storesletten

4730: The Elusive Welfare Economics of Price Stability As A Monetary Policy Objective: Should New Keynesian Central Bankers Persue Pr

Willem Buiter

4729: A Variance Ratio Related Prediction Tool with Application to the NYSE Index 1825-2002

Shmuel Kandel and Shlomo Zilca

4728: Two Views of Inequality Over the Life-Cycle

Kjetil Storesletten, Giovanni Violante and Jonathan Heathcote

4727: Policies for Banking Crises: A Theoretical Framework

Rafael Repullo

4726: Convergence and Cycles in the Euro Zone

Andrew Harvey and Vasco Carvalho

4725: Banks' Loan Portfolio and the Monetary Transmission Mechanism

Wouter Den Haan, Steven Sumner and Guy Yamashiro

4724: Bank Loan Components and the Time-Varying Effects of Monetary Policy Shocks

Wouter Den Haan, Steven Sumner and Guy Yamashiro

4723: Distance to the Efficiency Frontier and FDI Spillovers

Jan Svejnar, Klara Sabirianova Peter and Katherine Terrell

4722: Dividend Taxes and Corporate Behaviour: Evidence from the 2003 Dividend Tax Cut

Emmanuel Saez and Raj Chetty

4721: Is There Regional Tax Competition? Firm Level Evidence for Belgium

Hylke Vandenbussche, Boudewijn Janssen and Crabbé, Karen

4720: EU Enlargement and Beyond: A Simulation Study on EU and Russia Integration

Mika Widgrén and Pekka Sulamaa

4719: Fear of Outsourcing: Is It Justified?

Shang-Jin Wei and Mary Amiti

4718: Asset Pricing with Liquidity Risk

Viral Acharya and Lasse Pedersen

4717: Resolution of Sovereign Debt Crises: The New Old Framework

Richard Portes

4716: Earnings, Schooling and Economic Reform: New Econometric Evidence

Nauro Campos and Dean Jolliffe

4715: Agglomeration and Welfare: The Core-Periphery Model in the Light of Bentham, Kaldor and Rawls

Jacques Thisse, Frederic Robert-Nicoud, Sylvie Charlot and Gaigné, Carl

4714: The Demographic Transition and the Emergence of Sustained Economic Growth

Oded Galor

4713: To What Extent Should Less-Developed Countries Enforce Intellectual Property?

Gilles Saint-Paul

4712: Welfare Effects of Intellectual Property in a North-South Model of Endogenous Growth with Comparative Advantage

Gilles Saint-Paul

4711: Cross-Skill Redistribution and the Trade-Off Between Unemployment Benefits and Employment Protection

Tito Boeri, Vincenzo Galasso and J. Ignacio Conde-Ruiz

4710: The Macroeconomics of Knowledge Management: Internal Hold-Up versus Technological Competition

Thierry Verdier

4709: Wage Differentials in the 1990s in Israel: Endowments, Discrimination and Selectivity

Shoshana Neuman and Ronald Oaxaca

4708: Intermittent Employment: Work Histories of Israeli Men and Women, 1983-1995

Shoshana Neuman and Adrian Ziderman

4707: Effective Active Labour Market Policies

Jan C. van Ours and Jan Boone

4706: Is There a Political Support for the Double Burden on Prolonged Activity?

Pierre Pestieau, Helmuth Cremer and Georges Casamatta

4705: Changes in the Distribution of Male and Female Wages Accounting for Employment Composition Using Bounds

Richard Blundell, Costas Meghir, Amanda Gosling and Hidehiko Ichimura

4704: Optimal Rewards in Contests

Aner Sela, Todd Kaplan and Chen Cohen

4703: Accounting for Cross-Country Income Differences

Francesco Caselli

4702: Joint Production in Teams

Marco Battaglini

4701: A Portfolio Choice Model with Utility from Anticipation of Future Consumption and Stock Markets' Mean Reversion

Shmuel Kandel and Arik Kuznitz

4700: Optimal Domestic Regulation and the Pattern of Trade

Thierry Verdier and David Martimort

4699: Socially Responsible Trade Integration: A Political Economy Perspective

Thierry Verdier

4698: How Special is the Special Relationship? Using the Impact of US R&D Spillovers on UK Firms as a Test of Technology Sourcing

John van Reenen, Rachel Griffith and Rupert Harrison

4697: Financial Globalization, International Business Cycles and Consumption Risk Sharing

Michael Artis and Mathias Hoffmann

4696: Monetary Magic? How the Fed Improved the Flexibility of the Economy

Tamim Bayoumi and Silvia Sgherri

4695: Competition, Globalization and the Decline of Inflation

Andrew Scott, Jean Imbs and Natalie Chen

4693: International Cooperation on Domestic Policies: Lessons from the WTO Competition Policy Debate

Kamal Saggi

4692: Policies Facilitating Firm Adjustment to Globalization

Beata Javorcik

4691: Foreign Ownership and Productivity: New Evidence from the Service Sector and the R&D Lab

Rachel Griffith, Stephen Redding and Helen Simpson

4690: Tariff Protection, Intellectual Property Rights and North-South Trade with Perfect Price Flexibility

Kresimir Zigic and Delia Ionascu

4689: Employment Concentration Across US Counties

Marcel Fafchamps and Klaus Desmet

4688: Hold-Up Problems and Firm Formation

Hans Gersbach and Hans Haller

4685: Industry/University S&T Transfers: What Can We Learn From Belgian CIS-2 Data?

Henri Capron and Michele Cincera

4684: Estimating the Expected Marginal Rate of Substitution: Exploiting Idiosyncratic Risk

Robert Flood and Andrew Rose

4683: The Politics Of Debt Crises

Beatrice Weder di Mauro and Caroline Van Rijckeghem

4682: The Political Economy of Urban Transport System Choice

Jan Brueckner and Harris Selod

4681: Do Firms Want to Borrow More? Testing Credit Constraints Using a Directed Lending Program

Abhijit Banerjee and Esther Duflo

4680: The Brain Drain: Some Evidence from European Expatriates in the US

Gilles Saint-Paul

4679: Indeterminacy in a Finance Constrained Unionized Economy

Leonor Modesto and Teresa Lloyd-Braga

4678: Creating Competition Out of Thin Air: Market Thickening and Right-to-Choose Auctions

Andrew Schotter, Theo Offerman and Kfir Eliaz

4677: Domestic and International Finance: How Do They Affect Consumption Smoothing?

Harry Huizinga and Dantao Zhu

4676: Monetary and Exchange Rate Policy in Korea: Assessments and Policy Issues

Barry Eichengreen

4675: Deconstructing the Art of Central Banking

Tamim Bayoumi and Silvia Sgherri

4674: The Comovement of Credit Default Swap, Bond and Stock Markets: An Empirical Analysis

Martin Weber and Lars Norden