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.

4450: Winners and Losers Under Various Dual Majority Rules for the EU Council of Ministers

Richard Baldwin and Mika Widgrén

4449: Privatization and Stock Market Liquidity

Frank de Jong, Bernardo Bortolotti, Giovanna Nicodano and Ibolya Schindele

4448: Investor Sentiment and Pre-Issue Markets

Francesca Cornelli, Alexander Ljungqvist and David Goldreich

4447: The Case for Open-Market Purchases in a Liquidity Trap

Alan Auerbach and Maurice Obstfeld

4446: Business Groups and Risk Sharing Around the World

Yishay Yafeh and Tarun Khanna

4445: Quantitative Goals for Monetary Policy

Andrew Rose, Fatás, Antonio and Ilian Mihov

4444: Preferences for Rigid Versus Individualized Wage Setting

Michael Burda and Tito Boeri

4443: The Education, Labour Market and Health Consequences of Child Labour

Rajeev Dehejia, Roberta Gatti and Kathleen Beegle

4442: Trade in the Triad: How Easy is the Access to Large Markets?

Fontagné, Lionel, Thierry Mayer and Soledad Zignago

4441: Economic Integration and Agglomeration in a Middle Product Economy

Jacques Thisse, Ping Wang and Shin-Kun Peng

4440: Trade Costs versus Urban Costs

Jacques Thisse, Cavailhès, Jean and Gaigné, Carl

4439: Regulated Efficiency, World Trade Organization Accession and the Motor Vehicle Sector in China

Dean Spinanger and Joseph Francois

4438: Cities and Cultures

Gianmarco Ottaviano and Giovanni Peri

4437: Are Different Rules of Origin Equally Costly? Estimates from NAFTA

Jaime de Melo and Carrère, Céline

4436: Trade Policy and the Household Distribution of Income

Joseph Francois and Hugo Rojas-Romagosa

4435: Reversing the Perspective: Multinationals from Middle-Income Countries

Peter Debaere

4434: Product Market Competition, Returns to Skill and Wage Inequality

Maria Guadalupe

4433: Monetary Union: Fiscal Stabilization In The Face of Asymmetric Shocks

David Vines, Tatiana Kirsanova and Mathan Satchi

4432: Estimating the Gains From Trade in Limit Order Markets

Burton Hollifield, Sandås, Patrik, Robert A. Miller and Joshua Slive

4431: Relative and Absolute Incentives: Evidence on Worker Productivity

Oriana Bandiera, Iwan Barankay and Imran Rasul

4430: Heterogenous Wage Formation Under A Common Monetary Policy

Torben M Andersen

4429: Spurious Growth in German Output Data, 1913-1938

Albrecht Ritschl

4428: Technology, Organization and Productivity in Services: Lessons from Britain and the United States Since 1870

Stephen Broadberry and Sayantan Ghosal

4427: Macroeconomic Consequences of Terror: Theory and the Case of Israel

Zvi Eckstein and Daniel Tsiddon

4426: Technology Shocks and Job Flows

Claudio Michelacci and López-Salido, J David

4425: Executive Compensation and Competition in the Banking and Financial Sectors

Cuñat, Vicente and Maria Guadalupe

4424: Is Deposit Insurance A Good Thing, And If So, Who Should Pay for It?

Alan Morrison and Lucy White

4423: A Decision-Theoretic Basis for Choice Shifts in Groups

Debraj Ray, Ronny Razin and Kfir Eliaz

4422: Spanning Tests in Return and Stochastic Discount Factor Mean Variance Frontiers: A Unifying Approach

Enrique Sentana and Peñaranda, Francisco

4421: Who's Who in Crime Networks: Wanted - The Key Player

Yves Zenou, Calvó-Armengol, Antoni and Coralio Ballester

4420: Markets in China and Europe on the Eve of the Industrial Revolution

Wolfgang Keller and Carol Shiue

4419: From Thought to Practice: Appropriation and Endogenous Market Structure with Imperfect Intellectual Property Rights

Ronny Razin and Mariagiovanna Baccara

4418: Institutions, Trade Policy and Trade Flows

Marion Jansen and Nordås, Hildegunn Kyvik

4417: Does Regulatory Harmonization Increase Bilateral Asset Holdings?

Jonas Vlachos

4416: Why Was Europe Left at the Station when America's Productivity Locomotive Departed?

Robert Gordon

4415: Two Centuries of Economic Growth: Europe Chasing the American Frontier

Robert Gordon

4414: Five Puzzles in the Behaviour of Productivity, Investment and Innovation

Robert Gordon

4413: Managing Volatility in Transition Economies: The Experience of the Central and Eastern European Countries

Fabrizio Coricelli and Elena Ianchovichina

4412: Economic and Environmental Effectiveness of a Technology-based Protocol

Carlo Carraro and Barbara Buchner

4411: Changes in Equity Ownership and Changes in the Market Value of the Firm

Henri Servaes and John J. McConnell

4410: Robin Hood's Compromise: Land Reforms, Inequality, Redistribution and Moral Hazard

Gilat Levy and Oriana Bandiera

4409: Does the Length of the Period Really Matter for the Identification and the Modelling of Monetary Policy Shocks?

Franck Portier and Gallès, Clémentine

4408: Central Bank Communication and Output Stabilization

Sylvester Eijffinger, Marco Hoeberichts and Mewael F. Tesfaselassie

4407: A Small Corner of Intertemporal Public Finance - New Developments in Monetary Economics: Two Ghosts, Two Eccentricities, a Fall

Willem Buiter

4406: Globalization, Roundaboutness and Relative Wages

Joseph Francois, Douglas Nelson and Kevin Grier

4405: Bargained Wages, Wage Drift and the Design of the Wage-Setting System

Ana Rute Cardoso and Pedro Portugal

4404: Constitutions and Commitment: Evidence on the Relation Between Institutions and the Cost of Capital

Nathan Sussman and Yishay Yafeh

4403: Japan's Banking Crisis: Who Has the Most to Lose?

Hideaki Miyajima and Yishay Yafeh

4402: Real Time Econometrics

Mohammad Pesaran and Allan Timmermann

4401: Small Sample Properties of Forecasts From Autoregressive Models Under Structural Breaks

Mohammad Pesaran and Allan Timmermann

4400: Shareholder Value Creation in European M&As

Jose Campa and Ignacio Hernando

4399: On the Efficacy of Reforms: Policy Tinkering, Institutional Change and Entrepreneurship

Dani Rodrik and Murat Iyigun

4398: Flexible Majority Rules for Central Banks

Hans Gersbach and Bernhard Pachl

4397: Speed and Quality of Collective Decision-Making II: Incentives for Information Provision

Grüner, Hans Peter and Elisabeth Schulte

4396: Job Search and Hyperbolic Discounting: Structural Estimation and Policy Evaluation

M. Daniele Paserman

4395: Financial Market Integration and Economic Growth in the EU

Luigi Guiso, Marco Pagano, Tullio Jappelli and Mario Padula

4394: What Triggers Early Retirement? Results from Swiss Pension Funds

Monika Bütler, Olivia Huguenin and Federica Teppa

4393: Multidimensional Cheap Talk

Gilat Levy and Ronny Razin

4392: Subadditivity Tests for Network Separation with an Application to US Railroads

Marc Ivaldi and Gerard McCullough

4391: Exchange Rate Pass-Through into Import Prices

Linda Goldberg and Jose Campa

4390: Sources of Gains from International Portfolio Diversification

Jose Campa and Nuno Fernandes

4389: Differences in Exchange Rate Pass-Through in the Euro Area

Jose Campa and González Mìnguez, Jose Manuel

4388: Non-Keynesian Fiscal Consolidation in the EU? Ex Post Evidence and Ex Ante Analysis

Alessandro Turrini, Gabriele Giudice and ,

4387: Dualism and Aggregate Productivity

Jonathan Temple

4386: Ramsey Monetary Policy and International Relative Prices

Tommaso Monacelli and Ester Faia

4385: Inflation in Open Economies with Complete Markets

Marco Celentani, Klaus Desmet and J. Ignacio Conde-Ruiz

4384: The Stabilizing Role of Government Size

Andrés, Javier, Fatás, Antonio and Rafael Domenech

4383: International Lending of Last Resort and Moral Hazard: A Model of the IMF's Catalytic Finance

Nouriel Roubini, Giancarlo Corsetti and Bernardo Guimaraes

4382: Preliminary Data and Econometric Forecasting: An Application with the Bank of Italy Quarterly Model

Fabio Busetti

4381: Targeted Remedial Education for Underperforming Teenagers: Costs and Benefits

Victor Lavy and Analia Schlosser

4380: Asset Prices and International Spillovers: An Empirical Investigation

Lucio Sarno and Giorgio Valente

4379: Dismissal Protection and Worker Flows in Small Establishments

Thomas Bauer, Holger Bonin and Stefan Bender

4378: Trust and Trustworthiness Among Europeans: South-North Comparison

Andrea Ichino, Karl Schlag, Fabian Bornhorst and Eyal Winter

4377: Towards a Monthly Business Cycle Chronology for the Euro Area

Harald Uhlig and Mönch, Emanuel

4376: Inflation Targeting and Debt: Lessons from Brazil

Francesco Giavazzi and Carlo Favero

4375: Chinese Currency Controversies

Barry Eichengreen

4374: How Private Creditors Fared in Emerging Debt Markets, 1970-2000

Christoph Klingen, Beatrice Weder di Mauro and Jeromin Zettelmeyer

4373: Anti-Trust Policy and National Growth: Some Evidence from Italy

Mario Forni, Elisabetta Allegra, Michele Grillo and Lara Magnani

4372: The Macroeconomic Effects of Fiscal Rules in the US States

Fatás, Antonio and Ilian Mihov

4371: From 'Hindu Growth' to Productivity Surge: The Mystery of the Indian Growth Transition

Dani Rodrik and Arvind Subramanian

4370: A Simple Model of Optimal Monetary Policy with Financial Constraints

Michael Devereux and Doris Poon

4369: Innovation and Competitive Pressure

Xavier Vives

4368: Country and Industry Dynamics in Stock Returns

Allan Timmermann and Catão, Luís

4367: Bidding and Performance in Repo Auctions: Evidence from ECB Open Market Operations

Kjell Nyborg, Ilya Strebulaev and Ulrich Bindseil

4366: Business Environment and Firm Entry: Evidence from International Data

Raghuram Rajan, Luc Laeven and Leora Klapper

4365: Exchange Rates and Fundamentals: Evidence on the Economic Value of Predictability

Abhay Abhyankar, Lucio Sarno and Giorgio Valente

4364: Crises and Capital Requirements in Banking

Alan Morrison and Lucy White

4363: Underpricing and Market Power in Uniform Price Auctions

Kjell Nyborg and Ilan Kremer

4362: The Paradox of Competence

Hans Gersbach

4361: How to Subvert Democracy: Montesinos in Peru

John McMillan and Paolo Zoido

4360: Why are Long Rates Sensitive to Monetary Policy?

Tore Ellingsen and Söderström, Ulf

4359: Reuters News Reports versus Official Interventions: The Inaccuracy of Reuters Reports for Swiss Interventions

Andreas Fischer

4358: A Nation of Poets and Thinkers - Less so with Eastern Enlargement? Austria and Germany

Dalia Marin

4357: Part-Time Employment Traps and Childcare Policy

Alison Booth and Melvyn Coles

4356: What Explains the Location of Industry in Britain, 1871-1931

Nicholas Crafts and Abay Mulatu

4355: Wage Mobility: Do Institutions Make a Difference? A Replication Study Comparing Portugal and the UK

Ana Rute Cardoso

4354: Can Private Giving Promote Economic Segregation?

Kimberley Scharf, Ignatius Horstmann and Al Slivinski

4353: Monetary Sovereignty, Exchange Rates, and Capital Controls: The Trilemma in the Interwar Period

Maurice Obstfeld, Alan Taylor and Jay Shambaugh

4352: The Trilemma in History: Trade-offs Among Exchange Rates, Monetary Policies and Capital Mobility

Maurice Obstfeld, Alan Taylor and Jay Shambaugh

4351: Fire the Manager to Improve Performance? Managerial Turnover and Incentives After Privatization in the Czech Republic

Jan Fidrmuc and Jana Fidrmuc