CEPR Discussion Papers

From Centre for Economic Policy Research
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1954: A Tale of Two Neighbour Economies: Labour Market Dynamics in Spain and Portugal

Juan Dolado, Juan F Jimeno and Sonsoles Castillo

1953: The Fall in Consumption from Being Unemployed in Spain and Portugal

Juan Dolado, Juan F Jimeno and Sonsoles Castillo

1952: Why do People Stay? The Insider Advantages Approach: Empirical Evidence from Swedish Labour Markets

Thomas Straubhaar, Peter A Fischer, Einar Holm and Gunnar Malmberg

1951: Patents in a Model of Endogenous Growth

Josef Zweimueller and Ted O'Donoghue

1950: Expansion of Banking Scale and Scope: Don't Banks Know the Value of Focus

Anjan Thakor, Arnoud Boot and Todd Milbourn

1949: Market Discipline and Incentive Problems in Conglomerate Banks

Arnoud Boot and Anjolein Schmeits

1948: Dominant Investors and Strategic Transparency

Ernst-Ludwig von Thadden and Enrico Perotti

1947: Contagion and Trade: Why are Currency Crises Regional

Andrew Rose and Reuven Glick

1946: Does Market Structure Matter? New Evidence from Russia

Annette Brown and J David Brown

1945: The Housing Market and Regional Commuting and Migration Choices

John Muellbauer and Gavin Cameron

1944: Understanding Exchange Rate Volatility Without the Contrivance of Macroeconomics

Robert Flood and Andrew Rose

1943: The Reform of Pension Systems: Winners and Losers Across Generations

David Miles and Andreas Iben

1942: Attitudes to Ethnic Minorities, Ethnic Context and Location Decisions

Christian Dustmann and Ian Preston

1941: Inflation Targeting: What can the ECB Learn from the Recent Experience of the Bank of England

Michael Artis, Zenon Kontolemis and Paul Mizen

1940: Does the Sector Bias of Skill-Biased Technical Change Explain Changing Wage Inequality?

Jonathan Haskel and Matthew Slaughter

1939: Financial Opening, Deposit Insurance and Risk in a Model of Banking Competition

Tito Cordella

1938: Trade Integration with Europe, Export Diversification and Economic Growth in Egypt

Akiko Suwa-Eisenmann and Sebastien Dessus

1937: International Competition for Multinational Investment

Jan I. Haaland and Ian Wooton

1936: Is Coordination of Fiscal Deficits Necessary?

Søren Nielsen and Harry Huizinga

1935: A Theory of Political Compromise

Avinash Dixit, Gene Grossman and Faruk Gul

1934: On the Need for More Economic Assessment of Quarantine/SPS Policies

Kym Anderson and Sarah James

1933: Will Trade Liberalization Harm the Environment? The Case of Indonesia 2020

Kym Anderson and Anna Strutt

1932: Deviations of Exchange Rates from Purchasing Power Parity: A Story Featuring Two Monetary Unions

Ronald MacDonald and Tamim Bayoumi

1931: 'Social Dumping' and Relocation: Is there a Case for Imposing a Social Clause?

Tito Cordella and Isabel Grilo

1930: Adjusting to a New Technology: Experience and Training

Elhanan Helpman and Antonio Rangel

1929: No Credit for Transition: The Maastricht Treaty and German Unemployment

Edward Driffill and Marcus Miller

1928: Disorganization in the Transition Process: Firm-Level Evidence from Ukraine

Patrick Walsh and Jozef Konings

1927: The Demand for Money, Financial Innovation and the Welfare Cost of Inflation: An Analysis with Households' Data

Luigi Guiso, Tullio Jappelli and Orazio Attanasio

1926: Trade and the Number of Optimum Currency Areas in the World

Jacques Melitz, Michael Artis and Marion Kohler

1925: The Evolution of Modern Educational Systems: Technical Vs. General Education, Distributional Conflict and Growth

Michael Spagat and Graziella Bertocchi

1924: What Kind of Regional Convergence?

Angel de La Fuente

1923: Dispersion and Volatility in Stock Returns: An Empirical Investigation

John Campbell, Martin Lettau and Sangjoon Kim

1922: Strategic Pricing and Entry under Universal Service and Cross-Market Price Constraints

Nikolaos Vettas, James Anton and James H Vander Weide

1921: Current Account Reversals and Currency Crises: Empirical Regularities

Assaf Razin and Gian Maria Milesi-Ferretti

1920: Determinants of International Migration: Empirical Evidence for Migration from Developing Countries to Germany

Ralph Rotte and Michael Vogler

1919: Trade, Technology and Wages: General Equilibrium Mechanics

Joseph Francois and Douglas Nelson

1918: Banking (Conservatively) With Optimists

Michael Manove and Jorge Padilla

1917: Lending Relationships in Germany: Empirical Results from Survey Data

Dietmar Harhoff and Körting, Timm

1916: Beat 'Em or Join 'Em?: Export Subsidies Versus International Research Joint Ventures in Oligopolistic Markets

J. Peter Neary

1915: Estimating Labour Market Discrimination with Selectivity Corrected Wage Equations: Methodological Considerations and an Illustr

Shoshana Neuman and Ronald Oaxaca

1914: Demand Uncertainty, Mismatch and (Un)Employment: A Microeconomic Approach

Jacques Thisse, Yves Zenou and Mohamed Jellal

1913: Education and Borrowing Constraints: Tests Vs. Prices

Fernández, Raquel

1912: Union Power and Product Market Competition: Evidence from the Airline Industry

Damien Neven, Röller, Lars Hendrik and Zhentang Zhang

1911: Labour Force transitions of Older Married Couples in Germany

Regina Riphahn and David Blau

1910: Contentious Contracts

Ulrich Hege and Pascale Viala

1909: Workers' Versus Bankers' Europe (II): Policy Externalities and Credibility in EMU

Paolo Manasse and Laura Bottazzi

1908: Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory

Mark Gertler, Richard Clarida and Galí, Jordi

1907: Computers and the Demand for Skilled Labour: Industry and Establishment-Level Panel Evidence for the United Kingdom

Jonathan Haskel and Ylva Heden

1906: Monetary Policy and Credit in China: A Theoretical Analysis

John Bennett and Huw Dixon

1905: Price Competition Between an Expert and a Non-Expert

Hans Degryse and Jan Bouckaert

1904: The External Sector, the State and Development in Eastern Europe

Barry Eichengreen and Richard Kohl

1903: Agglomeration and Trade Revisited

Jacques Thisse and Gianmarco Ottaviano

1902: A Bargaining Model of Farrell Inefficiency

Jonathan Haskel and Amparo Sanchis-Llopis

1901: Technology in Growth

Danny Quah and Louise Keely

1900: Ownership and Growth

Thorvaldur Gylfason, Gylfi Zoega and Tryggvi Herbertsson

1899: Fiscal Discipline and Exchange Rate Regimes

Matthew Canzoneri, Robert Cumby and Behzad Diba

1898: Currency Crisis and Unemployment: Sterling in 1931

Barry Eichengreen and Olivier Jeanne

1897: A Gini Decomposition Analysis of Inequality in the Czech and Slovak Republics during the Transition

Thesia Garner and Katherine Terrell

1896: The Impact of Exchange Rate Uncertainty on the Level of Investment

Andrew Hughes Hallett, Jonathan Ireland, Julia Darby and Laura Piscitelli

1895: The Long-Run Educational Cost of World War II: An Example of Local Average Treatment Effect Estimation

Andrea Ichino and Rudolf Winter-Ebmer

1894: Cities and the Geography of Financial Centres

Thomas Gehrig

1893: Measuring Risk Attitudes in a Natural Experiment: Data from the Television Game Show LINGO

Roel Beetsma and Peter C Schotman

1892: Does the Term Structure Predict Recessions? The International Evidence

Henri J Bernard and Stefan Gerlach

1891: Expropriation and Control Rights: A Dynamic Model of Foreign Direct Investment

Monika Schnitzer

1890: Spurious Correlation in Exchange Rate Target Zone Modelling: Testing the Drift Adjustment Method on the US Dollar, Random Walk

Zsolt Darvas

1889: Capital Flows to Emerging Markets: Liberalization, Overshooting and Volatility

Philippe Bacchetta and Eric van Wincoop

1888: Project Evaluation and Organizational Form

Thomas Gehrig, Régibeau, Pierre and Katharine Rockett

1887: Venture Capital: A Case for Investment Promotion

Christian Keuschnigg

1886: Public Disclosure and Bank Failures

Tito Cordella

1885: Performance Measures for Dynamic Portfolio Management

Lars Nielsen and Maria Vassalou

1884: Inspecting the Mechanism: The Determination of Asset Prices in the Real Business Cycle Model

Martin Lettau

1883: Avenues of Technology Transfer: Foreign Investment and Productivity Change in the Czech Republic

Simeon Djankov and Bernard Hoekman

1882: An Egypt-United States Free Trade Agreement: Economic Incentives and Effects

Keith Maskus and Denise Konan

1881: The Consequences of EU Enlargement for Central and Eastern European Labour Markets

Michael Burda

1880: Schumpeterian Entrepreneurs Meet Engel's Law: The Impact of Inequality on Innovation-Driven Growth

Josef Zweimueller

1879: Does Training Generally Work? The Returns to In-Company Training

Alan Barrett

1878: Can Bilateralism Ease the Pains of Multilateral Trade Liberalization?

Jaime de Melo, Olivier Cadot and Marcelo Olarreaga

1877: Determinants of Attitudes Towards Immigration: A Trade-Theoretic Approach

Charles Ettinger and Jaime de Melo

1876: Immigrant Labour and Workplace Safety

Klaus Zimmermann, Thomas Bauer, Ralph Rotte and Andreas Million

1875: Recurrent Hyperinflations and Learning

Albert Marcet and Juan Pablo Nicolini

1874: Economic Policy and Reforms in Contemporary Italy

Fiorella Kostoris Padoa Schioppa

1873: Headline Underpricing and Entrepreneurial Wealth Losses in IPOs: Theory and Evidence

Alexander Ljungqvist and Michel Habib

1872: Stability Without a Pact? Lessons from the European Gold Standard 1880-1914

Marc Flandreau, Frederic Zumer and Jacques Le Cacheux

1871: European Integration and the Future of the Welfare State

Hans-Werner Sinn

1870: Local Unemployment and Specialization

Uwe Walz and Peer Ritter

1869: Wages and Worker Displacement in Germany

Michael Burda and Antje Mertens

1868: Block Premia in Transfers of Corporate Control

Denis Gromb, Fausto Panunzi and Mike Burkart

1867: Agglomeration Economies, Technology Spillovers and Company Productivity Growth

Paul Geroski and Hossein Samiei

1866: Asset Bubbles, Domino Effects and 'Lifeboats': Elements of the East Asian Crisis

Marcus Miller, Hali Edison and Pongsak Luangaram

1865: Does PPP-Adjusted Data Exaggerate the Relative Size of Poor Economies

Patrick Honohan

1864: Interventions Versus Customer Transactions: An Alternative Test of the Signalling Hypothesis

Andreas Fischer and Mathias Zurlinden

1863: 'Globalization' and Relocation in a Vertically Differentiated Industry

Tito Cordella and Isabel Grilo

1862: An Applied Econometrician's View of Large Company Performance

Paul Geroski

1861: Youth Employment and Academic Performance in High School

Kenneth Wolpin and Zvi Eckstein

1860: Union Wage Bargaining and European Antidumping Policy in Imperfectly Competitive Markets

Reinhilde Veugelers, Hylke Vandenbussche and Jozef Konings

1859: Discrimination and Skill Differences in an Equilibrium Search Model

Zvi Eckstein and ,

1858: Ruling out Indeterminacy: the Role of Heterogeneity

Robert Waldmann, Berthold Herrendorf and Akos Valentinyi

1857: Economic Geography, Comparative Advantage and Trade Within Industries: Evidence from the OECD

David Greenaway

1856: Learning for Employment, Innovating for Growth

Josef Falkinger and Josef Zweimueller

1855: Innovation and Growth with Rich and Poor Consumers

Josef Zweimueller and ,