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.

15377: Arrovian Efficiency and Auditability in the Allocation of Discrete Resources

Marek Pycia and M. Utku Ãœnver

15376: Profit-splitting Rules and the Taxation of Multinational Digital Platforms

Francis Bloch and Gabrielle Demange

15375: An annual index of Irish industrial production, 1840-1913

Sean Kenny, Jason Lennard and Kevin O'Rourke

15374: Gravity with Granularity

Holger Breinlich, Harald Fadinger, Volker Nocke and Nicolas Schutz

15373: Expectations, Infections, and Economic Activity

Martin Eichenbaum, Miguel Godinho de Matos, Francisco Lima, Sergio Rebelo and Mathias Trabandt

15372: China's Dazzling Transport-infrastructure Growth: Measurement and Effects

Peter Egger, Nicole Loumeau and Gabriel Loumeau

15371: Preparing for a pandemic: Spending dynamics and panic buying during the COVID-19 first wave

Martin O'Connell, Aureo de Paula and Kate Smith

15370: Income Risk and Stock Market Entry/Exit Decisions

Yosef Bonaparte, George Korniotis and Alok Kumar

15369: The Dynamic Impact of Exporting on Firm R&D Investment

Florin Maican, Matilda Orth, Mark Roberts and Van Anh Vuong

15368: Exploring Differences in Household Debt Across the United States and Euro Area Countries

Dimitris Christelis, Michael Ehrmann and Dimitris Georgarakos

15367: The Reversal Interest Rate: A Critical Review

Rafael Repullo

15366: Designing Central Bank Digital Currencies

Itai Agur, Anil Ari and Giovanni Dell'ariccia

15365: Monetary Policy in the Next Recession?

Stephen Cecchetti, Michael Feroli, Anil K Kashyap, Catherine L. Mann and Kermit Schoenholtz

15364: Capital in Spain, 1850-2019

Leandro Prados de la Escosura

15363: Rise of the central bank digital currencies: drivers, approaches and technologies

Raphael Auer, Giulio Cornelli and Jon Frost

15362: Historical Data: Where to Find Them, How to Use Them

Paola Giuliano and Andrea Matranga

15361: (S)Cars and the Great Recession

Orazio Attanasio, Kieran Larkin, Morten Ravn and Mario Padula

15360: Bottom-up Markup Fluctuations

Ariel Burstein, Vasco Carvalho and Basile Grassi

15359: An Adaptive Targeted Field Experiment: Job Search Assistance for Refugees in Jordan

Stefano Caria, Grant Gordon, Maximilian Kasy, Simon Quinn, Soha Shami and Alexander Teytelboym

15358: Work, care and gender during the Covid-19 crisis

Claudia Hupkau and Barbara Petrongolo

15357: Fintech and big tech credit: a new database

Giulio Cornelli, Jon Frost, Leonardo Gambacorta, Raghavendra Rau, Robert Wardrop and Tania Ziegler

15356: Task Allocation and On-the-job Training

Mariagiovanna Baccara, SangMok Lee and Leeat Yariv

15355: Is Environmentalism the Right Strategy to Decarbonize the World?

Marco Marini, Ornella Tarola and Jacques Thisse

15354: Priority Roads: the Political Economy of Africa's Interior-to-Coast Roads

Roberto Bonfatti, Yuan Gu and Steven Poelhekke

15353: Grandparents, Moms, or Dads? Why children of teen mothers do worse in life

Anna Aizer, Paul Devereux and Kjell G Salvanes

15352: Finance and Technology: What is changing and what is not

Stephen Cecchetti and Kermit Schoenholtz

15351: The Stable Transformation Path

Francisco Buera, Joseph Kaboski, Martí Mestieri and Daniel O'Connor

15350: Trade Unions and the Welfare of Rural-Urban Migrant Workers in China

Alison Booth, Richard Freeman, Xin Meng and Jilu Zhang

15349: Collateral Damage: The Legacy of the Secret War in Laos

Riaño, Juan Felipe and Felipe Valencia Caicedo

15348: Money, Banking, and Old-School Historical Economics

Eric Monnet and Francois Velde

15347: The History and Politics of Public Debt Accounting

Eric Monnet and Truong-Loï, Blaise

15346: Deep Learning Classification: Modeling Discrete Labor Choice

Lilia Maliar and Serguei Maliar

15345: The Ancient Origins of the Wealth of Nations

Quamrul Ashraf, Oded Galor and Marc Klemp

15344: The Political Economics of Non-democracy

Georgy Egorov and Konstantin Sonin

15343: Institutional fragility, breakdown of trust: a model of social unrest in Chile

Robert Funk and Velasco, Andrés

15342: Regulatory Measures to Dismantle Pyramidal Business Groups: Evidence from the United States, Japan, Korea and Israel

Assaf Hamdani, Konstantin Kosenko and Yishay Yafeh

15341: A q Theory of Internal Capital Markets

Min Dai, Xavier Giroud, Wei Jiang and Neng Wang

15340: Imported or Home Grown? The 1992-3 EMS Crisis

Barry Eichengreen and Alain Naef

15339: Dominant Currencies: How firms choose currency invoicing and why it matters

Mary Amiti, Oleg Itskhoki and Jozef Konings

15338: Occupational Licensing and the Gender Wage Gap

Maria Koumenta, Mario Pagliero and Davud Rostam-Afschar

15337: The Global Factor Structure of Exchange Rates

Sofonias Alemu Korsaye, Fabio Trojani and Andrea Vedolin

15336: Legal Air Cover

Patrick Bolton, Mitu Gulati and Ugo Panizza

15335: Central bank digital currency in an open economy

Massimo Ferrari Minesso, Arnaud Mehl and Livio Stracca

15334: The Crisis and Job Guarantees in Urban India

Swati Dhingra and Stephen Machin

15333: Recruitment, Effort, and Retention Effects of Performance Contracts for Civil Servants: Experimental Evidence from Rwandan Primary Schools

Clare Leaver, Owen Ozier, Pieter Serneels and Andrew Zeitlin

15332: Who Should Work from Home during a Pandemic? The Wage-Infection Trade-off

Sangmin Aum, Sang Yoon (Tim) Lee and Yongseok Shin

15331: De-globalization: Driven by Global Crises?

Assaf Razin

15330: Should we trust cross sectional multiplier estimates?

Fabio Canova

15329: The Optimal Allocation of Covid-19 Vaccines

Ana Babus, Sanmay Das and SangMok Lee

15328: Global Financial Cycle and Liquidity Management

Olivier Jeanne and Damiano Sandri

15327: Colonial legacies: Shaping African cities

Neeraj Baruah, J. Vernon Henderson and Cong Peng

15326: Distance, Empire, and British Exports over Two Centuries

David Jacks, Kevin O'Rourke, Alan Taylor and Yoto Yotov

15325: The Indirect Fiscal Benefits of Low-Skilled Immigration

Mark Colas and Dominik Sachs

15324: Collective Information Acquisition

Ran Eilat and Kfir Eliaz

15323: SME Failures Under Large Liquidity Shocks: An Application to the COVID-19 Crisis

Pierre-Olivier Gourinchas, Sebnem Kalemli-Ozcan, Veronika Penciakova and Nick Sander

15322: Monetary Policy with a Central Bank Digital Currency: The Short and the Long Term

Böser, Florian and Hans Gersbach

15321: The Impact of Pessimistic Expectations on the Effects of COVID-19-Induced Uncertainty in the Euro Area

Giovanni Pellegrino, Federico Ravenna and Züllig, Gabriel

15320: The German Federal Constitutional Court Ruling and the European Central Bank's Strategy

Lars Feld and Volker Wieland

15319: Non-Random Exposure to Exogenous Shocks: Theory and Applications

Kirill Borusyak and Peter Hull

15318: Tapping into Talent: Coupling Education and Innovation Policies for Economic Growth

Ufuk Akcigit, Jeremy Pearce and Marta Prato

15317: The 'Great Lockdown': Inactive Workers and Mortality by Covid-19

Nicola Borri, Francesco Drago, Chiara Santantonio and Francesco Sobbrio

15316: Financial Constraints and Propagation of Shocks in Production Networks

Banu Demir, Beata Javorcik, Tomasz Michalski and Evren Örs,

15315: Expanding the Measurement of Culture with a Sample of Two Billion Humans

Nick Obradovich, Özak, Ömer, Martín, Ignacio, Ortuño-Ortin, Ignacio, Edmond Awad, Cebrían, Manuel, Ruben Cuevas Rumin, Klaus Desmet, Iyad Rahwan and Angel Cuevas Rumin

15314: Firm-level Risk Exposures and Stock Returns in the Wake of COVID-19

Steven Davis, Stephen Hansen and Cristhian Seminario-Amez

15313: The Economics of Currency Risk

Tarek Hassan and Tony Zhang

15312: A Counterfactual Economic Analysis of Covid-19 Using a Threshold Augmented Multi-Country Model

Alexander Chudik, Kamiar Mohaddes, Mohammad Pesaran, Mehdi Raissi and Alessandro Rebucci

15311: Appointed Learning for the Common Good: Optimal Committee Size and Efficient Rewards

Hans Gersbach, Akaki Mamageishvili and Oriol Tejada

15310: Economics and Epidemics: Evidence from an Estimated Spatial Econ-SIR Model

Mark Bognanni, Douglas Hanley, Daniel Kolliner and Kurt Mitman

15309: On Public Spending and Economic Unions

Fernando Broner, Martín, Alberto and Jaume Ventura

15308: Urban economics in a historical perspective: Recovering data with machine learning

Pierre-Philippe Combes, Laurent Gobillon and Yanos Zylberberg

15307: Average Inflation Targeting and Household Expectations

Olivier Coibion, Yuriy Gorodnichenko, Edward Knotek and Raphael Schoenle

15306: Prospect Theory and Currency Returns: Empirical Evidence

Qi Xu, Roman Kozhan and Mark Taylor

15305: Exchange Rate Prediction with Machine Learning and a Smart Carry Trade Portfolio

Ilias Filippou, David Rapach, Mark Taylor and Guofu Zhou

15304: Regional Inequalities and the West-East Divide in Turkey since 1880

Gunes Asik, Karakoç, Ulaş and Sevket Pamuk

15303: History and Urban Economics

W Hanlon and Stephan Heblich

15302: The Social Determinants of Choice Quality: Evidence from Health Insurance in the Netherlands

Benjamin R. Handel, Jonathan Kolstad, Thomas Minten and Johannes Spinnewijn

15301: Patent Screening, Innovation, and Welfare

Mark Schankerman and Florian Schuett

15300: Shipwrecked by Rents

Fernando Arteaga, Desiree Desierto and Mark Koyama

15299: Money for taxes

Roberto Bonfatti, Adam Brzezinski, Kıvanç Karaman and Nuno Palma

15298: The Great Lockdown: pandemic response policies and bank lending conditions

Carlo Altavilla, Francesca Barbiero, Miguel Boucinha and Lorenzo Burlon

15297: Globalization and Pandemics

Pol Antrà s, Stephen Redding and Esteban Rossi-Hansberg

15296: Implications of Cheap Oil for Emerging Markets

Alain Kabundi and Franziska Ohnsorge

15295: Institutional Change and Institutional Persistence

Daron Acemoglu, Georgy Egorov and Konstantin Sonin

15294: The Impact of Financial Education of Managers on Medium and Large Enterprises - A Randomized Controlled Trial in Mozambique

Claudia Custodio, Diogo Mendes and Daniel Metzger

15293: All-Pay Matching Contests

Aner Sela

15292: Bombs, Broadcasts and Resistance: Allied Intervention and Domestic Opposition to the Nazi Regime during World War II

Maja Adena, Ruben Enikolopov, Maria Petrova and Hans-Joachim Voth

15291: Evading Corporate Responsibilities: Evidence from the Shipping Industry

Guillaume Vuillemey

15290: The Effects of COVID-19 on U.S. Small Businesses: Evidence from Owners, Managers, and Employees

Georgij Alekseev, Safaa Amer, Manasa Gopal, Theresa Kuchler, Jw Schneider, Ströbel, Johannes and Nils Wernerfelt

15289: Monetary Policy Surprises and Exchange Rate Behavior

Gürkaynak, Refet, Hakan Kara, Kısacıkoğlu, Burçin and Sang Seok Lee

15288: Financing Infrastructure in the Shadow of Expropriation

Viral Acharya, Cecilia Parlatore and Suresh Sundaresan

15287: The Great Depression as a Saving Glut

Victor Degorce and Eric Monnet

15286: Do Old Habits Die Hard? Central Banks and the Bretton Woods Gold Puzzle

Eric Monnet and Damien Puy

15285: Choice in Insurance Markets: A Pigouvian Approach to Social Insurance Design

Nathan Hendren, Camille Landais and Johannes Spinnewijn

15284: Social Mobility and Social Regimes: Intergenerational Mobility in Hungary, 1949-2017

Pawel Bukowski, Gregory Clark, Gáspár, Attila and Pető, Rita

15283: Optimal allocations to heterogeneous agents with an application to stimulus checks

Vegard Nygaard, Sørensen, Bent E and Fan Wang

15282: Debt Sustainability in a Low Interest Rate World

Neil Mehrotra and Dmitriy Sergeyev

15281: Key Sectors in Endogeneous Growth

Jingong Huang and Yves Zenou

15280: Ballot or Bullet: The Impact of UK's Representation of the People Act on Peace and Prosperity

Dominic Rohner and Alessandro Saia

15279: Pricing above value: selling to an adverse selection market

Jan Boone

15278: Forward looking loan provisions: Credit supply and risk-taking

Bernardo Morais, Gaizka Ormazabal, Jose-Luis Peydro, Monica Roa and Miguel Sarmiento