CEPR Discussion Papers

From C.E.P.R. Discussion Papers
Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
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15218: The effect of gender-targeted transfers: Experimental Evidence from India

Almås, Ingvild and Vincent Somville

15217: Comparing Forecast Performance with State Dependence

Barbara Rossi, Florens Odendahl and Tatevik Sekhposyan

15216: Understanding Tax Policy: How do people Reason

Stefanie Stantcheva

15215: Clearing the Bar: Improving Tax Compliance for Small Firms through Target Setting

Stefanie Stantcheva, Yazan Al-Karablieh and Evangelos Koumanakos

15214: The Health Effects of Prison

Randi Hjalmarsson and Matthew Lindquist

15213: Economic Shocks and Populism: The Political Implications of Reference-Dependent Preferences

Guido Tabellini, Fausto Panunzi and Nicola Pavoni

15212: Quasi-Experimental Shift-Share Research Designs

Kirill Borusyak, Peter Hull and Xavier Jaravel

15211: Effective Demand Failures and the Limits of Monetary Stabilization Policy

Michael Woodford

15210: Time-Varying Instrumental Variable Estimation

Massimiliano Marcellino, George Kapetanios and Liudas Giraitis

15209: The Fractured-Land Hypothesis

Fernández-Villaverde, Jesús, Mark Koyama, Youhong Lin and Tuan-Hwee Sng

15208: Historical Econometrics: Instrumental Variables and Regression Discontinuity Designs

Felipe Valencia Caicedo

15207: The Industrial Revolution and the Great Divergence: Recent Findings from Historical National Accounting

Stephen Broadberry

15206: Economic Growth in Sub-Saharan Africa, 1885-2008

Stephen Broadberry and Leigh Gardner

15205: True Cost of Immediacy

Schürhoff, Norman, Terrence Hendershott, Dmitry Livdan and Dan Li

15204: The tension between market shares and profit under platform competition

Martin Peitz, Paul Belleflamme and Eric Toulemonde

15203: Information Revelation and Privacy Protection

Alessandro Bonatti and Rossella Argenziano

15202: Sharing when stranger equals danger: Ridesharing during Covid-19 pandemic

Marc Ivaldi and Emil Palikot

15201: Does Vote Trading Improve Welfare?

Alessandra Casella and Macé, Antonin

15200: Complex Europe: Quantifying the Cost of Disintegration

Inga Heiland, Gabriel Felbermayr and Gröschl, Jasmin

15199: Stabilization vs. Redistribution: the Optimal Monetary-Fiscal Mix

Florin Bilbiie, Tommaso Monacelli and Roberto Perotti

15198: The International Aspects of Macroprudential Policy

Kristin Forbes

15197: Asset Bubbles and Inflation as Competing Monetary Phenomena

Guillaume Plantin

15196: Persistence in alcohol consumption: evidence from migrants

Marit Hinnosaar and Elaine Liu

15195: Collaboration in Bipartite Networks, with an Application to Coauthorship Networks

Michael Koenig, Chih-Sheng Hsieh, Xiaodong Liu and Christian Zimmermann

15194: Furloughing

Abigail Adams-Prassl, Christopher Rauh, Teodora Boneva and Marta Golin

15193: Security Design with Status Concerns

Suleyman Basak, Marti Subrahmanyam, Dmitry Makarov and Alex Shapiro

15192: Can Subsidized Employment Tackle Long-Term Unemployment? Experimental Evidence from North Macedonia

Pedro Carneiro, Alex Armand, Federico Tagliati and Yiming Xia

15191: Financial Returns to Household Inventory Management

Küng, Lorenz, Scott Baker and Stephanie Johnson

15190: Global Business and Financial Cycles: A Tale of Two Capital Account Regimes

Alessandro Rebucci and Julien Acalin

15189: Are temporary value-added tax reductions passed on to consumers? Evidence from Germany’s stimulus

Monika Schnitzer, Felix Montag and Alina Sagimuldina

15188: Paper Withdrawn

Giancarlo Spagnolo, Maria Berlin, Giovanni Immordino and Francesco Russo

15187: States and Wars: China’s Long March towards Unity and its Consequences, 221 BC – 1911 AD

Debin Ma and Shuo Chen

15186: The Heterogeneous Effects of Trade across Occupations: A Test of the Stolper-Samuelson Theorem

Martí Mestieri, Sergi Basco, Gabriel Smagghue and Maxime Liegey

15185: Gender and Culture

Paola Giuliano

15184: Monetary Policy when the Phillips Curve is Locally Quite Flat

Franck Portier, Paul Beaudry and Chenyu Hou

15183: Is there a Refugee Gap? Evidence from Over a Century of Danish Naturalizations

Paul Sharp and Nina Boberg-Fazlic

15182: LIFE-CYCLE INEQUALITY: BLACKS AND WHITES DIFFERENTIALS IN LIFE EXPECTANCY, SAVINGS, INCOME, AND CONSUMPTION

Giacomo De Giorgi, Luca Gambetti and Costanza Naguib

15181: Gender Differences in Job Search: Trading off Commute Against Wage

Thomas Le Barbanchon, Roland Rathelot and Alexandra Roulet

15180: Beyond Pangloss: Financial sector origins of inefficient economic booms

Michael McMahon and Frederic Malherbe

15179: Social Externalities and Economic Analysis

Ravi Kanbur, Marc Fleurbaey and Brody Viney

15178: Covid-19 across European Regions: the Role of Border Controls

Nikolaus Wolf and Matthias Eckardt

15177: When Tariffs Disturb Global Supply Chains

Gene Grossman and Elhanan Helpman

15176: Exit vs. Voice

Luigi Zingales, Eleonora Broccardo and Oliver Hart

15175: Signaling, Random Assignment, and Causal Effect Estimation

Gilles Chemla and Christopher Hennessy

15174: The Race between Population and Technology: Real wages in the First Industrial Revolution

Nicholas Crafts and Terence Mills

15173: (Mis)Allocation Effects of an Overpaid Public Sector

Tiago Cavalcanti and Marcelo Rodrigues dos Santos

15172: Guilt, Esteem, and Motivational Investments

Maitreesh Ghatak and Zaki Wahhaj

15171: Expectations, Stagnation and Fiscal Policy: a Nonlinear Analysis

Seppo Honkapohja, George Evans and Kaushik Mitra

15170: External Balance Sheets and the COVID-19 Crisis

Galina Hale and Luciana Juvenal

15169: Data and policy decisions: Experimental evidence from Pakistan

Michael Callen

15168: Oil Prices, Gasoline Prices and Inflation Expectations: A New Model and New Facts

Lutz Kilian and Xiaoqing Zhou

15167: Killer Acquisitions and Beyond: Policy Effects on Innovation Strategies

Igor Letina, Armin Schmutzler and Regina Seibel

15166: Consumption and Income Inequality across Generations

Giovanni Gallipoli, Hamish Low and Aruni Mitra

15165: When does board diversity benefit shareholders? Strategic deadlock as a commitment to monitor

Alexander Ljungqvist and Konrad Raff

15164: Estimating DSGE Models: Recent Advances and Future Challenges

Fernández-Villaverde, Jesús and Pablo A. Guerron-Quintana

15163: Monetary Policy and Asset Price Overshooting: A Rationale for the Wall/Main Street Disconnect

Ricardo Caballero and Alp Simsek

15162: Cash Crops, Print Technologies and the Politicization of Ethnicity in Africa

Valeria Rueda, Yannick Pengl and Philip Roessler

15161: Foundations of Pseudomarkets: Walrasian Equilibria for Discrete Resources

Marek Pycia and Antonio Miralles

15160: Empirical Productivity Distributions and International Trade

Peter Egger, , and Sergey Nigai

15159: Nepotism vs. Intergenerational Transmission of Human Capital in Academia (1088--1800)

David de la Croix and Goñi, Marc

15158: A Second Chance? Labor Market Returns to Adult Education Using School Reforms

Kjell G Salvanes, Richard Blundell and Patrick Bennett

15157: Competition and Career Advancement: The Hidden Costs of Paid Leave

Kjell G Salvanes, Julian Vedeler Johnsen and Hyejin Ku

15156: Covid-19 and Firms: Productivity and Government Policies

Cezar Santos, Nicholas Kozeniauskas and Pedro Moreira

15155: R&D Spillovers through RJV Cooperation

Tomaso Duso and Albert Banal-Estanol

15154: COVID-19 and Emerging Markets: A SIR Model, Demand Shocks and Capital Flows

Kalemli-Özcan, Sebnem, Çakmaklı, Cem, Selva Demiralp and Sevcan Yesiltas

15153: Transport policy for a post-Covid UK

David M Newbery

15152: Narratives and the Economics of the Family

Robert Akerlof and Luis Rayo

15151: The Economic Outcomes of an Ethnic Minority: the Role of Barriers

Eran Yashiv and Kasir (Kaliner), Nitsa

15150: The Heterogeneous Price of a Vote: Evidence from Multiparty Systems, 1993-2017

Cagé, Julia, Yasmine Bekkouche and Edgard Dewitte

15149: This Time It’s Different: The Role of Women’s Employment in a Pandemic Recession

Michele Tertilt, Matthias Doepke and Jane Olmstead-Rumsey

15148: Liquidity Traps in a Monetary Union

Robert Kollmann

15147: Trustworthiness in the Financial Industry

Matthias Heinz, Andrej Gill, Heiner Schumacher and Matthias Sutter

15146: FROEBEL’S GIFTS: HOW THE KINDERGARTEN MOVEMENT CHANGED THE AMERICAN FAMILY

Philipp Ager and Francesco Cinnirella

15145: Permanent Income Shocks, Target Wealth, and the Wealth Gap

Tullio Jappelli and Luigi Pistaferri

15144: Engineering Growth

Felipe Valencia Caicedo and William Maloney

15143: SELECTION INTO ENTREPRENEURSHIP AND SELF-EMPLOYMENT

Yona Rubinstein and Ross Levine

15142: Slow Down Before You Stop: The Effect of the 2010 French Pension Reform on Older Teachers' Sick Leaves

Fougère, Denis, Hippolyte d'Albis and Gouëdard, Pierre

15141: Power, Scrutiny, and Congressmen's Favoritism for Friends' Firm

Quoc-Anh Do, Yen Teik Lee, Bang Dang Nguyen and Kieu-Trang Nguyen

15140: Who Voted for Trump? Populism and Social Capital

Paola Giuliano and Romain Wacziarg

15139: Valuing the Global Mortality Consequences of Climate Change Accounting for Adaptation Costs and Benefits

Michael Greenstone, Tamma Carleton, Amir Jina, Michael Delgado, Solomon M. Hsiang, Andrew Hultgren, Robert Kopp, Kelly McCusker, Ishan Nath, James Rising, Ashwin Rode, Seo, Hee Kwon (Samuel), Arvid Viaene, Jiacan Yuan and Alice Tianbo Zhang

15138: Local Elites as State Capacity: How City Chiefs Use Local Information to Increase Tax Compliance in the D.R. Congo

Jonathan Weigel, Balán, Pablo, Augustin Bergeron and Gabriel Tourek

15137: Pricing group membership

Antonio Cabrales and Siddhartha Bandyopadhyay

15136: Equilibrium Reforms and Endogenous Complexity

Massimo Morelli and Dana Foarta

15135: Who Bears Risk in China's Non-financial Enterprise Debt?

Ronald Anderson

15134: Achieving Scale Collectively

Vittorio Bassi, Raffaela Muoio, Tommaso Porzio, Ritwika Sen and Esau Tugume

15133: Financial Frictions: Macro vs Micro Volatility

Ralph Luetticke, Seungcheol Lee and Morten Ravn

15132: The Economic Impact of the Black Death

Mark Koyama, Noel Johnson and Remi Jedwab

15131: Slums and Pandemics

Cezar Santos, Luiz Brotherhood, Tiago Cavalcanti and Daniel Da Mata

15130: Ad clutter, time use, and media diversity

Martin Peitz and Simon Anderson

15129: Health vs. Economy: Politically Optimal Pandemic Policy

Mark Koyama and Desiree Desierto

15128: The Stopping Rule and Gender selective mortality: World Evidence

Jean-Marie Baland, Guilhem Cassan and Francois Woitrin

15127: GENERALIZED LINEAR COMPETITION: From pass-through to policy

Christos Genakos, Felix Grey and Robert Ritz

15126: Potential consequences of post-Brexit trade barriers for earnings inequality in the UK

Rachel Griffith, Peter Levell and Agnes Norris Keiller

15125: To What Extent Are Tariffs Offset By Exchange Rates?

Olivier Jeanne and Jeongwon Son

15124: Social Protection Amidst Social Upheaval: Examining the Impact of a Multi-Faceted Program for Ultra-Poor Households in Yemen

Dean Karlan, Lasse Brune, Sikandra Kurdi and Christopher Udry

15123: Procyclical Asset Management and Bond Risk Premia

Alexandru Barbu, Christoph Fricke and ,

15122: Fundamental Disagreement about Monetary Policy and the Term Structure of Interest Rates

Shuo Cao, Richard Crump and ,

15121: Designing Disability Insurance Reforms: Tightening Eligibility Rules or Reducing Benefits?

Stefan Staubli, Andreas Haller and Zweimüller, Josef

15120: The Impact of Social Security on Pension Claiming and Retirement: Active vs. Passive Decisions

Stefan Staubli, Rafael Lalive and Arvind Magesan

15119: How Laws Affect the Perception of Norms: Empirical Evidence from the Lockdown

Roberto Galbiati, Emeric Henry, Nicolas Jacquemet and Max Lobeck