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CEPR Discussion Papers

From C.E.P.R. Discussion Papers
Centre for Economic Policy Research, 77 Bastwick Street, London EC1V 3PZ..

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9933: What drives the German current account? And how does it affect other EU member states? Downloads
Jan in 't Veld, Robert Kollmann, Marco Ratto, Werner Roeger and Lukas Vogel
9932: Cannabis Use and Its Effects on Health, Education and Labor Market Success Downloads
Jan C van Ours and Jenny Williams
9931: Conditional forecasts and scenario analysis with vector autoregressions for large cross-sections Downloads
Marta Banbura, Domenico Giannone and Michele Lenza
9930: Moral Hazard and Debt Maturity Downloads
Gur Huberman and Rafael Repullo
9929: Delegation and Dynamic Incentives Downloads
Dongsoo Shin and Roland Strausz
9928: Consumer Standards as a Strategic Device to Mitigate Ratchet Effects in Dynamic Regulation Downloads
Raffaele Fiocco and Roland Strausz
9927: Ex post information rents in sequential screening Downloads
Daniel Krähmer and Roland Strausz
9926: The Dynamics of Investment, Payout and Debt Downloads
Bart Lambrecht and Stewart C Myers
9925: Toxic Arbitrage Downloads
Thierry Foucault, Roman Kozhan and Wing Wah Tham
9924: Audit rates and compliance: A field experiment in long-term care Downloads
Maarten Lindeboom, Bas van der Klaauw and Sandra Vriend
9923: Preserving "Debt Capacity" or "Equity Capacity": A Dynamic Theory of Security Design under Asymmetric Information Downloads
Roman Inderst and Vladimir Vladimirov
9922: Financial Advice and Stock Market Participation Downloads
Dimitris Georgarakos and Roman Inderst
9921: Abandoning Fossil Fuel: How Fast And How Much? Downloads
Armon Rezai and Frederick (Rick) van der Ploeg
9920: Leverage and Beliefs: Personal Experience and Risk Taking in Margin Lending Downloads
Peter Koudijs and Hans-Joachim Voth
9919: A Global View of Cross-Border Migration Downloads
Julian di Giovanni, Andrei Levchenko and Francesc Ortega
9918: Economic Freedom in the Long Run: Evidence from OECD Countries (1850-2007 Downloads
Leandro Prados de la Escosura
9917: Feedback Effects and the Limits to Arbitrage Downloads
Alex Edmans, Itay Goldstein and Wei Jiang
9916: Trade in Unemployment Downloads
Celine Carrere, Marco Fugazza, Marcelo Olarreaga and Frederic Robert-Nicoud
9915: Optimal Price-Setting in Pay for Performance Schemes in Health Care Downloads
Søren Kristensen, Luigi Siciliani and Matt Sutton
9914: Crime and the Depenalization of Cannabis Possession: Evidence from a Policing Experiment Downloads
Jerome Adda, Brendon McConnell and Imran Rasul
9913: Does grief transfer across generations? In-utero deaths and child outcomes Downloads
Sandra Black, Paul Devereux and Kjell G Salvanes
9912: Precautionary price stickiness Downloads
James Costain and Anton Nakov
9911: The Importance of Family Background and Neighborhood Effects as Determinants of Crime Downloads
Karin Hederos Eriksson, Randi Hjalmarsson, Matthew Lindquist and Anna Sandberg
9910: The Politics of Compromise Downloads
Alessandro Bonatti and Heikki Rantakari
9909: Political Competition and the Limits of Political Compromise Downloads
Alexandre Cunha and Emanuel Ornelas
9908: All-pay auctions with certain and uncertain prizes Downloads
Yizhaq Minchuk and Aner Sela
9907: Getting Better or Feeling Better? How Equity Investors Respond to Investment Experience Downloads
John Campbell, Tarun Ramadorai and Benjamin Ranish
9906: Runs on Money Market Funds Downloads
Lawrence Schmidt, Allan G Timmermann and Russ Wermers
9905: The Economics of Margin Squeeze Downloads
Bruno Jullien, Patrick Rey and Claudia Saavedra
9904: Geopolitics, Aid and Growth Downloads
Axel Dreher, Vera Eichenauer and Kai Gehring
9903: The Wages of Women in England, 1260-1850 Downloads
Jane Humphries and Jacob Weisdorf
9902: Managing Credit Bubbles Downloads
Alberto Martin and Jaume Ventura
9901: Technological Progress and Economic Geography Downloads
Takatoshi Tabuchi, Jacques Thisse and Xiwei Zhu
9900: Trade Imbalances, Export Structure and Wage Inequality Downloads
Rosario Crino and Paolo Epifani
9899: The Skill Bias of the US Trade Deficit Downloads
Rosario Crino and Paolo Epifani
9898: Nonlinearities in Sovereign Risk Pricing: The Role of CDS Index Contracts Downloads
Anne-Laure Delatte, Julien Fouquau and Richard Portes
9897: Asset Prices in a Lifecycle Economy Downloads
Roger Farmer
9896: Pricing Internet Traffic: Exclusion, Signalling and Screening Downloads
Bruno Jullien and Wilfried Sand-Zantman
9895: External shocks, internal shots: the geography of civil conflicts Downloads
Nicolas Berman and Mathieu Couttenier
9894: Surprise, Surprise - Measuring Firm-level Investment Innovations Downloads
Ruediger Bachmann, Steffen Elstner and Atanas Hristov
9893: Lehman Brothers: What Did Markets Know? Downloads
Thomas Gehrig and Marlene Haas
9892: Joint Confidence Sets for Structural Impulse Responses Downloads
Atsushi Inoue and Lutz Kilian
9891: Social Capital, Government Expenditures, and Growth Downloads
Giacomo Ponzetto and Ugo Troiano
9890: Finance and the Preservation of Wealth Downloads
Nicola Gennaioli, Andrei Shleifer and Robert Vishny
9889: Key Players in Co-Offending Networks Downloads
Matthew Lindquist and Yves Zenou
9888: Trade and Uncertainty Downloads
Dennis Novy and Alan Taylor
9887: Income-Induced Expenditure Switching Downloads
Rudolfs Bems and Julian di Giovanni
9886: IT and Management in America Downloads
Nicholas Bloom, Erik Brynjolfsson, Lucia Foster, Ron Jarmin, Megha Patnaik, Itay Saporta-Eksten and John van Reenen
9885: Liquidity Risk and the Dynamics of Arbitrage Capital Downloads
Péter Kondor and Dimitri Vayanos
9884: Education Promoted Secularization Downloads
Sascha Becker, Markus Nagler and Ludger Woessmann
9883: The Link Between Fundamentals and Proximate Factors in Development Downloads
Wolfgang Keller and Carol Shiue
9882: Financial Literacy and Savings Account Returns Downloads
Florian Deuflhard, Dimitris Georgarakos and Roman Inderst
9881: Identifying Industry Margins with Unobserved Price Constraints: Structural Estimation on Pharmaceuticals Downloads
Pierre Dubois and Laura Lasio
9880: The Choice of Honesty: An Experiment Regarding Heterogeneous Responses to Situational Social Norms Downloads
Rajna Gibson, Carmen Tanner and Alexander Wagner
9879: Sizing Up the Impact of Embassies on Exports Downloads
Shon Ferguson and Rikard Forslid
9878: The growing dependence of Britain on trade during the Industrial Revolution Downloads
Gregory Clark, Kevin O'Rourke and Alan Taylor
9877: Regulating Deferred Incentive Pay Downloads
Florian Hoffmann, Roman Inderst and Marcus Opp
9876: The Argentina Paradox: Microexplanations and Macropuzzles Downloads
Alan Taylor
9875: Macroprudential Policies in a Global Perspective Downloads
Olivier Jeanne
9874: Incomplete Contracting, Renegotiation, and Expectation-Based Loss Aversion Downloads
Fabian Herweg, Heiko Karle and Daniel Muller
9873: Optimal Allocations in Round-Robin Tournaments Downloads
Alex Krumer, Reut Megidish and Aner Sela
9872: R&D Networks: Theory, Empirics and Policy Implications Downloads
Michael König, Xiaodong Liu and Yves Zenou
9871: Optimal Prudential Regulation of Banks and the Political Economy of Supervision Downloads
Thierry Tressel and Thierry Verdier
9870: A theory of trade in a global production network Downloads
Maarten Bosker and Bastian Westbrock
9869: Barriers to Trade in Environmental Goods and Environmental Services: How Important Are They? How Much Progress at Reducing Them? Downloads
Jaime de Melo and Mariana Vijil
9868: Awareness Reduces Racial Bias Downloads
Devin G. Pope, Joseph Price and Justin Wolfers
9867: Preventing Economists' Capture Downloads
Luigi Zingales
9866: Optimal Tax Progressivity: An Analytical Framework Downloads
Jonathan Heathcote, Kjetil Storesletten and Giovanni L Violante
9865: Bank Capital and Dividend Externalities Downloads
Viral V Acharya, Hanh Le and Hyun Song Shin
9864: Hidden Insurance in a Moral Hazard Economy Downloads
Giuseppe Bertola and Winfried Koeniger
9863: Cross-border mergers and domestic-firm wages: Integrating ‘spillover effects’ and ‘bargaining effects’ Downloads
Joseph Clougherty, Klaus Gugler, Lars Sørgard and Florian Szücs
9862: Tuition fees as a commitment device Downloads
Nadine Ketel, Jona Linde, Hessel Oosterbeek and Bas van der Klaauw
9861: The Quiet Revolution and the Family: Gender Composition of Tertiary Education and Early Fertility Patterns Downloads
Alena Bičáková and Stepan Jurajda
9860: Feeling the blues. Moral hazard and debt dilution in Eurobonds before 1914 Downloads
Rui Esteves and Ali Coskun Tuncer
9859: Misallocation, Property Rights, and Access to Finance: Evidence from Within and Across Africa Downloads
Sebnem Kalemli-Ozcan and Bent Sorensen
9858: Structural FECM: Cointegration in large-scale structural FAVAR models Downloads
Anindya Banerjee, Massimiliano Marcellino and Igor Masten
9857: Targeting Nominal GDP or Prices: Guidance and Expectation Dynamics Downloads
Seppo Honkapohja and Kaushik Mitra
9856: Policing Cannabis and Drug Related Hospital Admissions: Evidence from Administrative Records Downloads
Elaine Kelly and Imran Rasul
9855: Firm Dynamics and Residual Inequality in Open Economies Downloads
Gabriel Felbermayr, Giammario Impullitti and Julien Prat
9854: Scale and Skill in Active Management Downloads
Lubos Pastor, Robert Stambaugh and Lucian Taylor
9853: The Vanishing Procyclicality of Labor Productivity Downloads
Jordi Galí and Thijs van Rens
9852: Out-of-Sample Evidence on the Returns to Currency Trading Downloads
Olivier Accominotti and David Chambers
9851: Labor market effects of sports and exercise: Evidence from Canadian panel data Downloads
Michael Lechner and Nazmi Sari
9850: Productivity Spillovers Through Labor Mobility Downloads
Tom-Reiel Heggedal, Espen Moen and Edgar Preugschat
9849: SSOs: Current Policy Issues and Empirical Evidence Downloads
Neil Gandal and Pierre Regibeau
9848: No Arbitrage Priors, Drifting Volatilities, and the Term Structure of Interest Rates Downloads
Andrea Carriero, Todd Clark and Massimiliano Marcellino
9847: Market Outcomes and Dynamic Patent Buyouts Downloads
Alberto Galasso, Matthew Mitchell and Gábor Virag
9846: Optimal Monetary Policy with State-Dependent Pricing Downloads
Anton Nakov and Carlos Thomas
9845: Learning from Experience in the Stock Market Downloads
Anton Nakov and Galo Nuño Barrau
9844: Exporter Dynamics, Firm Size and Growth, and Partial Year Effects Downloads
Andrew Bernard, Renzo Massari, José-Daniel Reyes and Daria Taglioni
9843: Debt and Incomplete Financial Markets: A Case for Nominal GDP Targeting Downloads
Kevin Sheedy
9842: International Liquidity and Exchange Rate Dynamics Downloads
Xavier Gabaix and Matteo Maggiori
9841: Charitable Giving and Nonbinding Contribution-level Suggestions: Evidence from a Field Experiment Downloads
Maja Adena, Steffen Huck and Imran Rasul
9840: Improving Access to Banking: Evidence from Kenya Downloads
Franklin Allen, Elena Carletti, Robert Cull, Jun Qian, Lemma W Senbet and Patricio Valenzuela
9839: Together at Last: Trade Costs, Demand Structure, and Welfare Downloads
Monika Mrázová and J. Peter Neary
9838: Revenue Tariff Reform Downloads
James Anderson and J. Peter Neary
9837: Stock investments at work Downloads
Hans Hvide and Per Östberg
9836: Legal Evolution, Contract Evolution, and Standardization Downloads
Nicola Gennaioli, Enrico Perotti and Giacomo Ponzetto
9835: Trade Dynamics with Sector-Specific Human Capital Downloads
Adam Guren, David Hemous and Morten Olsen
9834: Corporate Scandals and Household Stock Market Participation Downloads
Mariassunta Giannetti and Tracey Yue Wang
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