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.

17357: Debt Sustainability with Involuntary Default

Fabrice Collard, Michel Habib, Ugo Panizza and Jean Rochet

17356: Low Passthrough from Inflation Expectations to Income Growth Expectations: Why People Dislike Inflation

Ina Hajdini, Edward Knotek, John Leer, Mathieu Pedemonte, Robert Rich and Raphael Schoenle

17355: Securitization, Covered Bonds and the Risk Taking Behavior of European Banks

Ahmed Arif, Laura Bottazzi and Sergio Pastorello

17354: The Summer Drop in Female Employment

Brendan Price and Melanie Wasserman

17353: Suspense and Surprise in Media Product Design: Evidence from Twitch.tv

Andrey Simonov, Raluca Ursu and Carolina Zheng

17352: Structural Change Within versus Across Firms: Evidence from the United States

Teresa Fort, Xiang Ding, Stephen Redding and Peter Schott

17351: Retailer-led Marketplaces

Andres Hervas-Drane and Sandro Shelegia

17350: Price Competition with a Stake in your Rival

Andres Hervas-Drane and Sandro Shelegia

17349: Competing Diffusions in a Social Network

Arthur Campbell, Matthew Leister and Yves Zenou

17348: How Economics can Contribute to Evolutionary Perspectives on the Family

Siwan Anderson and Chris Bidner

17347: The Race Between Tax Enforcement and Tax Planning: Evidence From a Natural Experiment in Chile

Sebastian Bustos, Dina Pomeranz, Suárez Serrato, Juan Carlos, Vila-Belda, José and Gabriel Zucman

17346: The Mismeasure of Man: Why Intergenerational Occupational Mobility is Much Lower than Conventionally Measured, England, 1800-20

Gregory Clark, Neil Cummins and Matthew Curtis

17345: Supporting small firms through recessions and recoveries

Diana Bonfim, Claudia Custodio and Clara Raposo

17344: The Rise and Fall of SES Gradients in Heights around the World

Elisabetta Aurino, Adriana Lleras-Muney, Alessandro Tarozzi and Brendan Tinoco

17343: Implicit Preferences

Tom Cunningham and Jonathan de Quidt

17342: Income Inequality and Job Creation

Sebastian Doerr, Thomas Drechsel and Donggyu Lee

17341: Measuring U.S. Fiscal Capacity using Discounted Cash Flow Analysis

Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh and Mindy Xiaolan

17340: Exorbitant Privilege Gained and Lost: Fiscal Implications

Zefeng Chen, Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh and Mindy Xiaolan

17339: SONOMA: a Small Open ecoNOmy for MAcrofinance

Mariano Croce

17338: Who Holds Sovereign Debt and Why It Matters

Xiang Fang, Bryan Hardy and Karen Lewis

17337: Money Markets and Bank Lending: Evidence from the Tiering Adoption

Carlo Altavilla, Miguel Boucinha, Lorenzo Burlon, Mariassunta Giannetti and Julian Schumacher

17336: Public versus Secret Voting in Committees

Andrea Mattozzi and Marcos Y. Nakaguma

17335: Information Technology in Banking and Entrepreneurship

Toni Ahnert, Sebastian Doerr, Nicola Pierri and Yannick Timmer

17334: International Capital Markets and Wealth Transfers

Magnus Dahlquist, Christian Heyerdahl-Larsen, Anna Pavlova and Julien Penasse

17333: Neighborhood CEOs

Mario Amore, Morten Bennedsen and Birthe Larsen

17332: The Financial Drivers of Populism in Europe

Luigi Guiso, Massimo Morelli, Tommaso Sonno and Helios Herrera

17331: The Null Result Penalty

Felix Chopra, Ingar Haaland, Christopher Roth and Andreas Stegmann

17330: Growth Volatility and Trade: Market Diversification vs. Production Specialization

Adina Ardelean, León-Ledesma, Miguel and Laura Puzzello

17329: Naive Calibration

Yair Antler and Benjamin Bachi

17328: Wealth of two nations: The U.S. racial wealth gap, 1860-2020

Ellora Derenoncourt, Chi Hyun Kim, Moritz Kuhn and Moritz Schularick

17327: The Role of Firms in Wage Inequality Dynamics

Martim Leitao, Jaime Montana and Joana Silva

17326: How to measure parenting styles?

Christopher Rauh and Laetitia Renée

17325: Machine Learning in International Trade Research - Evaluating the Impact of Trade Agreements

Holger Breinlich, Valentina Corradi, Nadia Rocha, Michele Ruta, João Santos Silva and Thomas Zylkin

17324: Climate Change Mitigation: How Effective is Green Quantitative Easing?

Raphael Abiry, Marien Ferdinandusse, Alexander Ludwig and Carolin Nerlich

17323: A Penny for Your Thoughts

W Hanlon, Stephan Heblich, Ferdinando Monte and Martin Schmitz

17322: Terrorism, media coverage and education: Evidence from al-Shabaab attacks in Kenya

Marco Alfano and Joseph-Simon Goerlach

17321: The UK Productivity “Puzzle†in an International Comparative Perspective

John Fernald and Robert Inklaar

17320: Dale W. Jorgenson: An intellectual biography

John Fernald

17319: Who to Listen to?: A Model of Endogenous Delegation

William Fuchs, Satoshi Fukuda and SeyedMahyar Sefidgaran

17318: Digital connectivity and firm participation in foreign markets: An exporter-based bilateral analysis

Michele Imbruno, Joël Cariolle and Jaime de Melo

17317: Laboratory Safety and Research Productivity

Alberto Galasso, Hong Luo and Brooklynn Zhu

17316: The Emergence of Procyclical Fertility: The Role of Breadwinner Women

Sena Coskun and Husnu Dalgic

17315: Toward a General Theory of Peer Effects

Vincent Boucher, Michelle Petersen Rendall, Philip Ushchev and Yves Zenou

17314: Tying under Double-Marginalization

Roman Inderst, Fabian Griem and Greg Schaffer

17313: Payments and privacy in the digital economy

Toni Ahnert, Peter Hoffmann and Cyril Monnet

17312: Robust relational contracts with subjective performance evaluation

Venkataraman Bhaskar, Wojciech Olszewski and Thomas Wiseman

17311: Are Working Hours Complements in Production?

Lin Shao, Faisal Sohail and Emircan Yurdagul

17310: Small Campaign Donors

Laurent Bouton, Julia Cagé, Edgard Dewitte and Vincent Pons

17309: The Long-Run Effects of Psychotherapy on Depression, Beliefs, and Economic Outcomes

Bhargav Bhat, Jonathan de Quidt, Johannes Haushofer, Vikram Patel, Gautam Rao, Frank Schilbach and Pierre-Luc Vautrey

17308: Elusive Effects of Fossil Energy Resource Export Embargoes

Kai Konrad and Marcel Thum

17307: The Limits of Limited Commitment

Jacopo Bizzotto, Toomas Hinnosaar and Adrien Vigier

17306: Heterogenous Peer Effects: How Community Connectivity Affects Car Purchases

Joshua Shemesh, Fernando Zapatero and Yves Zenou

17305: Narratives about the Macroeconomy

Peter Andre, Ingar Haaland, Christopher Roth and Johannes Wohlfart

17304: A Traffic-Jam Theory of Growth

Daria Finocchiaro and Philippe Weil

17303: The Allocation of Incentives in Multi-Layered Organizations

Erika Deserranno, Stefano Caria, Philipp Kastrau and Gianmarco Leon-Ciliotta

17302: Monopsony Makes Firms not only Small but also Unproductive: Why East Germany has not Converged

Ruediger Bachmann, Christian Bayer, Stüber, Heiko and Felix Wellschmied

17301: Understanding of Trade

Stefanie Stantcheva

17300: State Ownership and Corporate Leverage Around the World

Ralph De Haas, Sergei Guriev and Alexander Stepanov

17299: Local Carbon Policy

José-Luis Cruz and Esteban Rossi-Hansberg

17298: Aligned with Whom? Direct and social goals for AI systems

Anton Korinek and Avital Balwit

17297: Big techs, QR code payments and financial inclusion

Thorsten Beck, Leonardo Gambacorta, Yiping Huang, Zhenhua Li and Han Qiu

17296: Information Frictions and News Media in Global Value Chains

Ha Bui, Zhen Huo, Andrei Levchenko and Nitya Pandalai-Nayar

17295: Deciphering Monetary Policy Shocks

Phillipp Gnan, Maximilian Schleritzko, Maik Schmeling and Christian Wagner

17294: The effect of exposure to ethnic minorities on ethnic preferences

Pascal Achard, Sabina Albrecht, Riccardo Ghidoni, Elena Cettolin and Sigrid Suetens

17293: Bargaining and International Reference Pricing in the Pharmaceutical Industry

Pierre Dubois, Ashvin Gandhi and Shoshana Vasserman

17292: Dynamic demand for differentiated products with fixed effects unobserved heterogeneity

Victor Aguirregabiria

17291: A Political Economy of Social Discrimination

Torun Dewan and Stephane Wolton

17290: Managing Monetary Policy Normalization

Gianluca Benigno and Pierpaolo Benigno

17289: What Should the Inflation Target Be? Views from 600 Economists

Gene Ambrocio, Andrea Ferrero, Esa Jokivuolle and Kim Ristolainen

17288: Employer Reallocation During the COVID-19 Pandemic: Validation and Application of a Do-It-Yourself CPS

Alexander Bick and Adam Blandin

17287: Alcohol Price Floors and Externalities: The Case of Fatal Road Crashes

Marco Francesconi and Jonathan James

17286: The Puzzle of Sovereign Debt Collateral: Big Data and the First Age of Financial Globalization

Marc Flandreau, Stefano Pietrosanti and Carlotta E. Schuster

17285: Global Innovation Spillovers and Productivity: Evidence from 100 Years of World Patent Data

Kristina Manysheva, Martí Mestieri and Enrico Berkes

17284: College, cognitive ability, and socioeconomic disadvantage: policy lessons from the UK in 1960-2004

Andrea Ichino, Aldo Rustichini and Giulio Zanella

17283: Steering a Ship in Illiquid Waters: Active Management of Passive Funds

Naz Koont, Yiming Ma, Pástor, Luboš and Yao Zeng

17282: Trade Credit and the Stability of Supply Chains

Nuri Ersahin, Mariassunta Giannetti and Ruidi Huang

17281: The Main Business Cycle Shock(s): Frequency-Band Estimation of the Number of Dynamic Factors

Marco Avarucci, Maddalena Cavicchioli, Mario Forni and Paolo Zaffaroni

17280: Quantitative Easing and Corporate Innovation

Niklas Grimm, Luc Laeven and Alexander Popov

17279: Financial openness and inequality

Stefan Avdjiev and Tsvetana Spasova

17278: Sweet equality: Sugar, property rights and land distribution in colonial Java

Pim de Zwart and Phylicia Soekhradj

17277: Sanctions and the Exchange Rate

Oleg Itskhoki and Dmitry Mukhin

17276: The New Corporate Governance

Oliver Hart and Luigi Zingales

17275: Access to Capital Markets and the Geography of Productivity of Leaders and Laggards

Giorgio Barba Navaretti and Anna Rosso

17274: Did Smallpox Cause Stillbirths? Maternal Smallpox Infection, Vaccination and Stillbirths in Sweden, 1780-1839

Eric Schneider, Edvinsson, Sören and Kota Ogasawara

17273: The Wisdom of No Crowds: The Reaction of Betting Markets to Lockdown Soccer Games

Tadgh Hegarty and Karl Whelan

17272: Data and Market Power

Jan Eeckhout and Laura Veldkamp

17271: The Marginal Propensity to Consume in Heterogeneous Agent Models

Greg Kaplan and Giovanni Violante

17270: Analyzing the Agenda of the U.K. Parliament Over the Long Run

W Hanlon

17269: Wealth and its Distribution in Germany, 1895-2018

Thilo Albers, Charlotte Bartels and Moritz Schularick

17268: The End of Privilege: A Reexamination of the Net Foreign Asset Position of the United States

Andy Atkeson, Jonathan Heathcote and Fabrizio Perri

17267: Executive Compensation Tied to ESG Performance: International Evidence

Shira Cohen, Igor Kadach, Gaizka Ormazabal and Stefan Reichelstein

17266: Optimal Taxation of Risky Entrepreneurial Capital

Corina Boar and Matthew Knowles

17265: When do state-dependent local projections work?

Silvia Goncalves, Ana María Herrera, Lutz Kilian and Elena Pesavento

17264: Implicit Benefits and Financing

Franklin Allen, Meijun Qian and Jing Xie

17263: Trust and the Interbank Market Puzzle

Franklin Allen, Giovanni Covi, Xian Gu, Oskar Kowalewski and Mattia Montagna

17262: Socially Responsible Divestment

Alex Edmans, Doron Levit and Jan Schneemeier

17261: An ugly face, really? A theoretical investigation into the causes of brand dilution

Emanuele Bacchiega, Mariachiara Colucci, Vincenzo Denicolo and Marco Magnani

17260: Inflated recommendations

Martin Peitz and Anton Sobolev

17259: Shipping Costs and Inflation

Yan Carrière-Swallow, Pragyan Deb, Davide Furceri, Jiménez, Daniel and Jonathan Ostry

17258: Micro VC

Mario Amore, Annamaria Conti and Valerio Pelucco