CEPR Discussion Papers

From Centre for Economic Policy Research
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849: US-EC Farm Trade Confrontation: An Outsider's View: Kym Anderson
848: Pollution and Growth: What Do We Know?: Gene Grossman
847: The Theory of Optimum Currency Areas, Trade Adjustment and Trade: Jacques Melitz
846: Revisiting Dynamic Duopoly with Consumer Switching Costs: Jorge Padilla
845: The European Monetary System and the Theory of Target Zones: Patrick Honohan
844: How are Product Demand Changes Transmitted to the Labour Market?: Dennis Snower and Assar Lindbeck
843: Layoffs with Payoffs: A Bargaining Model of Union Wage and Severance Pay Determination: Alison Booth
842: The Political Economy of Monetary Union in Europe: Paul De Grauwe
841: Constraints on Enterprise Liquidity and their Impact on the Monetary Sector in Formerly Centrally Planned Economies: Istvan Abel and Pierre Siklos
840: International R&D Spillovers: Elhanan Helpman and David Coe
839: The Distributional Consequences of Russia's Transition: Chris Doyle
838: Fixing Exchange Rates: A Virtual Quest for Fundamentals: Robert Flood and Andrew Rose
837: Trade Blocs, Currency Blocs and the Disintegration of World Trade in the 1930s: Barry Eichengreen and Douglas Irwin
836: Liberalizing EC Imports of Footwear from Eastern Europe: L. Winters and Zhen Kun Wang
835: Do Firms' Product Lines Include Too Many Varieties, and Do Shops Open Too Many Days?: Paul Klemperer and Jorge Padilla
834: How Much Europe? Subsidiarity, Centralization and Fiscal Competition: Hans-Werner Sinn
833: Turning Point Prediction for the UK using CSO Leading Indicators: Michael Artis
832: Trade Liberalization in Disinflation: Dani Rodrik
831: Privatization, Public Deficit Finance, and Investment in Infrastructure: Nicos Christodoulakis and Yannis Katsoulacos
830: Economic Growth, Environmental Issues and Trade: Kym Anderson
829: Implications of EC Expansion for European Agricultural Policies, Trade and Welfare: Rodney Tyers and Kym Anderson
828: Welfare Effects of `1992': A General Equilibrium Assessment for EC and EFTA Countries: Jan I. Haaland
827: Protection for Sale: Elhanan Helpman and Gene Grossman
826: Key Elements of the Reform of the Hungarian Banking System: Privatization and Portfolio Cleaning: VÃ¡rhegyi, Eva
825: EC Imports from Eastern Europe: Iron and Steel: L. Winters and Zhen Kun Wang
824: A Payments Mechanism for the Former Soviet Union: Is the EPU a Relevant Precedent?: Barry Eichengreen
823: Informational Overshooting, Booms and Crashes: Joseph Zeira
822: Developing Countries and the Uruguay Round Negotiations on Services: Bernard Hoekman
821: Rules of Origin for Goods and Services: Conceptual Issues and Economic Considerations: Bernard Hoekman
820: Galton's Fallacy and Tests of the Convergence Hypothesis: Danny Quah
819: The Contribution of Human Capital Formation to Post-War Economic Growth in Ireland: Brendan Walsh
818: Reflections on the Emergence of a Single Market for Bank Reserves in a European Monetary Union: Jacques Melitz
817: The Unstable EMS: Charles Wyplosz and Barry Eichengreen
816: Economic Transformation and the Reform of the Financial System in Central and Eastern Europe: SzÃ©kely, IstvÃ¡n P.
814: Domestic and Trade Policy for Central and East European Agriculture: Larry Karp and Spiro Stefanou
813: The European Satellite Industry: Prospects for Liberalization: Damien Neven, RÃ¶ller, Lars Hendrik and Leonard Waverman
812: The Endogeneity of Exchange Rate Regimes: Barry Eichengreen
811: Markups in the Labour and Product Markets and the Relative Performance of Industry and Services: Italy 1951-90: Giorgio Brunello
810: Exchange Rate Regimes and Trade Prices: Does the EMS Matter?: Andre Sapir and Khalid Sekkat
809: Comparisons of Business Cycles in Greece and the EC: Idiosyncracies and Regularities: Nicos Christodoulakis, Sophia Dimelis and Tryphon Kollintzas
808: Trends and Cycles in Labour Productivity in the Major OECD Countries: Lucrezia Reichlin and Giuseppe Nicoletti
807: Provision of Public Inputs and the Effects of Successful Lobbying in Open Economies: Michael Rauscher
806: Trade Wars and Trade Talks: Elhanan Helpman and Gene Grossman
805: An Equilibrium Theory of Rationing: Richard Gilbert and Paul Klemperer
804: Financial Openness and the Effectiveness of Capital Controls in Greece: Nicos Christodoulakis and Nikos Karamouzis
803: On the Political Economy of Labour Market Flexibility: Gilles Saint-Paul
802: Equilibrium Locations of Vertically Linked Industries: Anthony Venables
801: Unemployment, Real Wages and Union Membership: Klaus Zimmermann and Christoph Schmidt
800: Modelling Exits from Unemployment in Eastern Germany: A Matching Function Approach: Michael Burda
799: Real and Monetary Aspects of French Exchange Rate Policy Under the Fourth Republic: Gilles Saint-Paul
798: Foreign Direct Investment in the European Community: Some Policy Issues: Damien Neven and Georges Siotis
797: The Dynamic-Optimizing Approach to the Current Account: Theory and Evidence: Assaf Razin
796: International Migration, Capital Mobility and Transitional Dynamics: Anthony Venables and Richard Baldwin
795: History, Geography and Regional Economic Integration: Kym Anderson
794: Convergence in Growth Rates: A Quantitative Assessment of the Role of Capital Mobility and International Taxation: Assaf Razin and Chi-Wa Yuen
793: The Political Economy of Capital Controls: Alberto Alesina, Vittorio Grilli and Gian Maria Milesi-Ferretti
792: On the Feasibility of a One- or Multi-Speed European Monetary Union: Alberto Alesina and Vittorio Grilli
791: Public Debt in the USA: How Much, How Bad and Who Pays?: Willem Buiter
790: The Determinants of Realignment Expectations Under the EMS - Some Empirical Regularities: Alberto Giovannini and Zhaohui Chen
789: Lobbying Incentives and the Pattern of Protection in Rich and Poor Countries: Kym Anderson
788: Liquidity Effects and the Determinants of Short-term Interest Rates in Italy (1991-92): Ignazio Angeloni and Alessandro Prati
787: Signalling Debt Sustainability: Alessandro Prati and Francesco Drudi
786: Domestic Distortions and International Trade: J. Peter Neary and James Anderson
785: Green Policies in a Small Open Economy: Frederick (Rick) van der Ploeg and Lans Bovenberg
784: The Output Decline in Central and Eastern Europe: A Classical Explanation: Peter Bofinger
783: Revenue-sharing Subsidies as Employment Policy: Reducing the Cost of Stimulating East German Employment: Dennis Snower
782: Detrending and Business Cycle Facts: Fabio Canova
781: Sources and Propagation of International Business Cycles: Common Shocks or Transmission?: Fabio Canova
780: Two Notes on Economic Growth and the Solow Model: Daniel Cohen
779: Trade as an Engine of Political Change. A Parable: Alessandra Casella
778: Growth and External Debt: Daniel Cohen
777: German and American Wage and Price Dynamics: Differences and Common Themes: Robert Gordon and Wolfgang Franz
776: Competition Through Fares and Fare Accesses on the Air Transport Market: Fiorella Kostoris Padoa Schioppa and Martino Ajmone Marsan
775: Diffusion of Technical Change and the Decomposition of Output into Trend and Cycle: Marco Lippi and Lucrezia Reichlin
774: The Political Economy of the Exchange Rate Mechanism: A. Patrick Minford
773: The Term Structure of Forward Exchange Premia and the Forecastability of Spot Exchange Rates: Correcting the Errors: Mark Taylor and Richard Clarida
772: Factors and Effects of Trade Reorientation in Hungary: László Halpern
771: A Model of UK Emigration, 1870-1913: Timothy Hatton
770: The Economics of the International Arms Trade: Paul Levine, Ronald Smith and Somnath Sen
769: Migration Theory and Evidence: An Assessment: Paul Levine and Subrata Ghatak
768: Optimal Tax Policy, Government Myopia and Insolvency: Paul Levine and Joseph Pearlman
767: Time-inconsistency, Democracy and Optimal Contingent Rules: A. Patrick Minford
766: International Trade, Factor Mobility and Trade Costs: Anthony Venables and Victor D Norman
765: The Hazards of Doing a PhD: An Analysis of Completion and Withdrawal Rates of British PhDs in the 1980s: Alison Booth and Stephen E Satchell
764: The Determinants of East-West German Migration: Some First Results: Michael Burda
763: The Earnings Dynamics of Immigrant Labour: Christoph Schmidt
762: Apprenticeships and Job Tenure: A Competing Risks Model with Time-varying Covariates: Alison Booth and Stephen E Satchell
761: Delegation in International Monetary Policy Games: Jorge Padilla, Juan Dolado and Mark Griffiths
760: Convergence in Growth Rates: The Role of Capital Mobility and International Taxation: Assaf Razin and Chi-Wa Yuen
759: Currency Substitution: Alberto Giovannini and Bart Turtelboom
758: Macroeconomic Equilibrium and Reform in a Transitional Economy: Huw Dixon
757: Other People's Money: The Microfoundations of Optimal Currency Areas: A. Patrick Minford
756: Information, Forecasts and Measurement of the Business Cycle: Lucrezia Reichlin and George Evans
755: The European Community: A Case of Successful Integration?: L Alan Winters
754: Who Are the Insiders? Wage Setting in Spanish Manufacturing Firms: Juan Dolado and Samuel Bentolila
753: Asymmetry in the ERM: A Case Study of French and German Interest Rates Since Basel-Nyborg: William Perraudin and Edward H Gardner
752: Central Banking as a Political Principal-Agent Problem: Michele Fratianni, Juergen von Hagen and Christopher Waller
751: Multiple Equilibria in a Growth Model with Monopolistic Competition: GalÃ, Jordi
749: Regional Versus Multilateral Liberalization of Trade in Services: Bernard Hoekman

CEPR Discussion Papers

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