CEPR Discussion Papers

From Centre for Economic Policy Research
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19873: Parental Involvement in Education

Facundo Albornoz-Crespo, Antonio Cabrales, Guillermo Cruces and Lombardi, María

19872: Monetary Policy in Currency Unions with Unequal Countries

Lukas Boehnert, Sergio de Ferra, Kurt Mitman and Federica Romei

19871: Investor Memory and Biased Beliefs: Evidence from the Field

Zhengyang Jiang, Hongqi Liu, Cameron Peng and Hongjun Yan

19870: Let the Good Times Roll: Subjective Expectations and Asset Management

Francesco D'Acunto, Baixiao Liu, Linlin Ma and Yizou Wu

19869: Deep Integration and Trade: UK Firms in the Wake of Brexit

Rebecca Freeman, Marco Garofalo, Enrico Longoni, Kalina Manova, Rebecca Mari, Thomas Prayer and Thomas Sampson

19868: Resolving Bad Loans and Zombie Firms: The Case of Greece

Georgios Gatopoulos, Alexandros Louka, Konstantinos Peppas and Nikolaos Vettas

19867: The Value of Preserving Job Matches During a Crisis

Morten Bennedsen, Birthe Larsen, Ian Schmutte and Daniela Scur

19866: Managerial Poaching and Talent Reallocation

Thomas Jungbauer, Daniela Scur, Fabiano Dal-Ri and Yi Chen

19865: Technology Sophistication Across Establishments

Xavi Cirera, Diego Comin and Marcio Cruz

19864: AI, Task Changes in Jobs, and Worker Reallocation

Christina Gathmann, Felix Grimm and Erwin Winkler

19863: Credit Market Tightness and Zombie Firms: Theory and Evidence

Masashige Hamano, Philip Schnattinger, Mototsugu Shintani, Iichiro Uesugi and Francesco Zanetti

19862: Household Beliefs about Fiscal Dominance

Philippe Andrade, Erwan Gautier, Eric Mengus, Emanuel Moench and Tobias Schmidt

19861: Experiments on Social Media

Guy Aridor, Jiménez-Durán, Rafael, Ro'ee Levy and Lena Song

19860: The Effects of Gender Integration on Men: Evidence from the U.S. Military

Kyle Greenberg, Melanie Wasserman and Anna Weber

19859: A Theory of Economic Coercion and Fragmentation

Christopher Clayton, Matteo Maggiori and Jesse Schreger

19858: Foundational Processes and Growth

Wing Wah Tham, Baslandze, Salomé, Elvira Sojli and Leo Liu

19857: Practical Optimal Income Taxation

Jonathan Heathcote and Hitoshi Tsujiyama

19856: Geoeconomics

Cathrin Mohr and Christoph Trebesch

19855: Political Liberalization and State Capture by Business Interests

Francois Bourguignon, Perrin Lefebvre and Jean-Philippe Platteau

19854: Adversarial Career Concerns: Theory and Evidence on Lawyers' Career Trajectories

Rosa Ferrer and Danisz Okulicz

19853: Dynamic Consumer Search

Alexei Parakhonyak and Andrew Rhodes

19852: Drive Down the Cost: Learning by Doing and Government Policies in the Global EV Battery Industry

Panle Barwick, Hyuk-soo Kwon, Shanjun Li and Nahim Bin Zahur

19851: Missing Tariffs

Feodora Teti

19850: Voting and information: Evidence from a field experiment

Stefano Carattini, Anomitro Chatterjee and Todd Cherry

19849: Search Speed and Theory Discovery: A Model for Innovation

Arnaldo Camuffo, Alfonso Gambardella and Andrea Pignataro

19848: Beyond Citations: Measuring Novel Scientific Ideas and their Impact in Publication Text

Sam Arts, Nicola Melluso and Reinhilde Veugelers

19847: The Welfare of Nations: Social Preferences and the Macroeconomy

Le Grand, François, Xavier Ragot and Diego Rodrigues

19846: The Credit Suisse Dilemma

Hans Gersbach, Sebastian Zelzner and Jihao Zhang

19845: Measuring Economic Preferences with Behavioral Experiments and Surveys Across the Globe

Michael Kosfeld, Zahra Sharafi, Maira Sontag Gonzalez and Na Zou

19844: The granular origins of inflation

Santiago Alvarez-Blaser, Raphael Auer, Sarah Lein and Andrei Levchenko

19843: An Organizational Theory of Unionization

Anja Prummer and Francesco Squintani

19842: The Uncharted Waters of International Trade

Pol Antrà s

19841: Does Money Win Wars?

Jonathan Federle, Dominic Rohner and Moritz Schularick

19840: Harmonization... What Else? The Role for International Regulatory Agreements

Giovanni Maggi and Monika Mrazova

19839: Currency Wars and Trade

Kris Mitchener and Kirsten Wandschneider

19838: Housing Wealth Across Countries: The Role of Expectations, Institutions and Preferences

Julia Le Blanc, Jiri Slacalek and Matthew White

19837: Migration and Innovation: The Impact of East German Inventors on West Germany’s Technological Development

Antonin Bergeaud, Max Deter, Maria Greve and Michael Wyrwich

19836: The Comovement of Voter Preferences: Insights from U.S. Presidential Election Prediction Markets Beyond Polls

Mikhail Chernov, Vadim Elenev and Dongho Song

19835: The Economics of Carbon Dioxide Removal: A Governance Perspective

Ottmar Edenhofer, Max Franks, Friedemann Gruner, Matthias Kalkuhl and Kai Lessmann

19834: Civic Engagement as a Constraint on Corruption

Kenju Kamei, Louis Putterman, Katy Tabero and Jean-Robert Tyran

19833: Informal Redistribution Through Work

Elisa Macchi and Jeremia Stalder

19832: Evidence from the Dead: New Estimates of Wealth Inequality based on the Distribution of Estates

Facundo Alvaredo, Yonatan Berman and Salvatore Morelli

19831: Does Privacy Matter? Evidence from a Legal Reform

Liran Einav, Ehud Guttel, Ilan Kremer, Guy Lakan and Sarit Weisburd

19830: Pricing Algorithms -- A Survey of the Literature and an Examination of their Use on the Swedish Gasoline Market

Richard Friberg

19829: Distributional Dynamics

Christian Bayer, Moritz Kuhn and Luis Calderon

19828: Monetary Policy in Open Economies with Production Networks

Zhesheng Qiu, Yicheng Wan Wang, Le Xu and Francesco Zanetti

19827: Breaking Invisible Barriers: Does Fast Internet Improve Access to Input Markets?

Banu Demir, Beata Javorcik and Piyush Panigrahi

19826: Heterogeneity in Work From Home: Evidence from Six U.S. Datasets

Alexander Bick, Adam Blandin, Aidan Caplan and Tristan Caplan

19825: The Aggregation Dilemma: How Best to Restructure Sovereign Bonds

Carlo Galli and Guibaud, Stéphane

19824: Lumpy Forecasts

Isaac Baley and Javier Turen

19823: Stimulus Effects of Common Fiscal Policies

Tobias Broer, Jeppe Drudahl, Karl Harmenberg and Öberg, Erik

19822: Post-Covid Inflation in Emerging Europe

Gürkaynak, Refet

19821: The Signalling Value of Simplicity

Roman Dolecek, Antoine Dubus, Nicolas Sahuguet and Patrick Waelbroeck

19815: The Macroeconomics of Irreversibility

Isaac Baley and Andres Blanco

19814: Climbing the Ivory Tower: How Socio-Economic Background Shapes Academia

Ran Abramitzky, Lena Greska, Pérez, Santiago, Joseph Price, Carlo Schwarz and Fabian Waldinger

19813: Identifying Non-Gaussian Structural Shocks

Philippe Andrade, Filippo Ferroni and Leonardo Melosi

19812: Rails of Progress? Exploring the Nexus between Railroad Access and Innovation in Italy (19th-20th Centuries)

Marco Martinez, Alessandro Nuvolari and Michelangelo Vasta

19811: In the Fed we Trust? Measuring Trust in Central Banking and its Effects on the Macroeconomy

David Aikman, Francesca Monti and Shunshun Zhang

19810: The Crypto Cycle and Institutional Investors

Alexander Copestake, Davide Furceri and Tammaro Terracciano

19809: Monetary Policy and Inflation Scares

Christopher J. Erceg, Lindé, Jesper and Mathias Trabandt

19808: Research Waves

Mariagiovanna Baccara, Gilat Levy and Ronny Razin

19807: Article-level Slant and Polarization of News Consumption on Social Media

Luca Braghieri, Sarah Eichmeyer, Ro'ee Levy, Markus Mobius, Jacob Steinhardt and Ruiqi Zhong

19806: Negative Emission Technologies and Climate Cooperation

Michela Boldrini, Valentina Bosetti and Salvatore Nunnari

19805: Housing and Fertility

Bernardus Van Doornik, Dimas Fazio, Tarun Ramadorai and Skrastiņš, JÄ Nis

19804: Technology Spillovers, Diffusion and Rivalry in Firm Networks

Nuriye Melisa Bilgin, Ester Faia and Gianmarco Ottaviano

19803: Knowledge Suppression and Resilience under Censorship: Three-century Book Publications in China

Ying Bai, Ruixue Jia and Jiaojiao Yang

19802: Distributional Consumer Price Indices

Xavier Jaravel

19801: Means-Tested Transfers in the US: Facts and Parametric Estimates

Nezih Guner, Christopher Rauh and Gustavo Ventura

19800: The Causal Impact of Gender Norms on Mothers’ Employment Attitudes and Expectations

Henning Hermes, Marina Krauss, Philipp Lergetporer, Frauke Peter and Simon Wiederhold

19799: Remote Investing in Latin America, 1869-1929

Gareth Campbell, Ã ine Gallagher and Richard Grossman

19798: Embedded Culture as a Source of Comparative Advantage

Luigi Guiso, Paola Sapienza and Luigi Zingales

19797: Between Famine and Freedom: Food Prices and Hunger during the Indonesian War of Independence

Ingrid de Zwarte, Helmi Moret and Pim de Zwart

19796: Shock Therapy for Clean Innovation: Within-firm Reallocation of R&D Investments

Bøler, Esther Ann, Katinka Holtsmark and Karen Helene Ulltveit-Moe

19795: On-the-Job Search and Inflation under the Microscope

Saman Darougheh, Renato Faccini, Leonardo Melosi and Alessandro Villa

19794: Reinforcement Learning for Household Finance: Designing Policy via Responsiveness

Arka Prava Bandyopadhyay and Lilia Maliar

19793: Disruptive Peers and Academic Performance: Short- and Long-Term Outcomes

Sofoklis Goulas, Silvia Griselda, Rigissa Megalokonomou and Yves Zenou

19792: What's on the Menu? Consumption Externalities & Product Quality

Sarit Markovich and Luis Rayo

19791: Fiscal Backing, Inflation and US Business Cycles

Frank Smets and Rafael Wouters

19790: The Positive Neutral Countercyclical Capital Buffer

Muñoz, Manuel A. and Frank Smets

19789: Revolving Credit to SMEs: The Role of Business Credit Cards

Matteo Benetton and Greg Buchak

19788: Corporate Green Pledges

Michael Bauer, Daniel Huber, Eric Offner, Marlene Renkel and Ole Wilms

19787: Careers and Wages in Family Firms: Evidence from Matched Employer-Employee Data

Edoardo Di Porto, Marco Pagano, Vincenzo Pezone, Raffaele Saggio and Fabiano Schivardi

19786: Workers' Task and Employer Mobility over the Business Cycle

Carlos Carrillo-Tudela, Fraser Summerfield and Ludo Visschers

19785: Back to School When Times are Bad? The Role of Housing Wealth

Anna Pestova and Alexander Popov

19784: Word2Prices: Embedding Central Bank Communications for Inflation Prediction

Douglas Araujo, Nikola Bokan, Fabio Comazzi and Michele Lenza

19783: A Practical Guide to Shift-Share Instruments

Kirill Borusyak, Peter Hull and Xavier Jaravel

19782: The Curious Case of the National Fund

Martin Ellison

19781: Trust in Central Banks

Michael Ehrmann

19780: Domestic Infrastructure and the Regional Effects of Trade Liberalization

Maarten Bosker and Megan Haasbroek

19779: Bankruptcy Exemptions, Borrowing Constraints, and Old-Age Pensions

Torben M Andersen, Joydeep Bhattacharya and Min Wang

19778: Prepayment, Salience, and Welfare

Imelda ~,, Anna Lou Abatayo and Budy Resusodarmo

19777: The Optimality of Majority Rule: An Information-Choice Perspective

Nina Bobkova

19776: Inflation Expectations of Savers and Borrowers

Riccardo M. Masolo and Francesca Monti

19775: Corruption Exposure, Political Trust, and Immigrants

Cevat Giray Aksoy, Barry Eichengreen, Anastasia Litina, Özgüzel, Cem and Chan Yu

19774: Conflict in Dismissals

Pauline Carry and Benjamin Schoefer

19773: Non-Essential Business Cycles

Michele Andreolli, Natalie Rickard and Paolo Surico

19772: The Anatomy of the Great Terror: A Quantitative Analysis of the 1937-38 Purges in the Red Army

Alexei Zakharov and Konstantin Sonin

19771: Corporate Performance and Policies Under Scrutiny: Guilty by Association?

Jan Hanousek, Iryna Hramiak, William L. Megginson and Anastasiya Shamshur

19770: Trade and Intergenerational Income Mobility: Theory and Evidence from the U.S

Italo Colantone, Gianmarco Ottaviano and Kohei Takeda

19769: Measuring Quality of Life under Spatial Frictions

Gabriel Ahlfeldt, Fabian Bald, Duncan Roth and Tobias Seidel