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CEPR Discussion Papers

From Centre for Economic Policy Research
33 Great Sutton Street, London EC1V 0DX, UK.

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15263: Flexible Work Arrangements in Low Wage Jobs: Evidence from Job Vacancy Data Downloads
Abigail Adams, Maria Balgova and Matthias Qian
15262: Data vs collateral Downloads
Leonardo Gambacorta, Yiping Huang, Zhenhua Li, Han Qiu and Shu Chen
15261: The persistent consequences of adverse shocks: how the 1970s shaped UK regional inequality Downloads
Patricia Rice and Anthony Venables
15260: Media Capture by Banks Downloads
Ruben Durante, Andrea Fabiani, Luc Laeven and Jose-Luis Peydro
15259: Golfing with Trump. Social capital, decline, inequality, and the rise of populism in the US Downloads
Rodríguez-Pose, Andrés, Neil Lee and Cornelius Lipp
15258: The Fed Takes on Corporate Credit Risk: An Analysis of the Efficacy of the SMCCF Downloads
Simon Gilchrist, Bin Wei, Vivian Yue and Zakrajšek, Egon
15257: Gender Diversity Goals, Supply Constraints, and the Market for Seasoned Female Directors: The U.S. Evidence Downloads
Patricia Boyallian, Sudipto Dasgupta and Swarnodeep Homroy
15256: The Great Lockdown and the Big Stimulus: Tracing the Pandemic Possibility Frontier for the U.S Downloads
Greg Kaplan, Benjamin Moll and Giovanni L. Violante
15255: Information Spillovers in Experience Goods Competition Downloads
Chen, Zhuoqiong (Charlie), Christopher Stanton and Catherine Thomas
15254: Intergenerational Mobility in Socio-emotional Skills Downloads
Orazio Attanasio, Alessandro Toppeta and Aureo de Paula
15253: Nonlinear Pricing in Oligopoly: How Brand Preferences Shape Market Outcomes Downloads
Renato Gomes, Jean-Marie Lozachmeur and Lucas Maestri
15252: Does Education Matter? Tests from Extensions of Compulsory Schooling in England and Wales 1919-22, 1947, and 1972 Downloads
Gregory Clark and Neil Cummins
15251: Participation Constraints in Discontinuous Adverse Selection Models Downloads
David Martimort and Lars Stole
15250: Affinity, Trust, and Information Downloads
Luigi Guiso and Alexey Makarin
15249: The Social Value of Debt in the Market for Corporate Control Downloads
Mike Burkart, Samuel Lee and Henrik Petri
15248: Exchange Rate Shocks and Quality Adjustments Downloads
Daniel Goetz and Alexander Rodnyansky
15247: The Costs of Political Manipulation of Factor Markets in China Downloads
J. Vernon Henderson, Dongling Su, Qinghua Zhang and Siqi Zheng
15246: Understanding Persistence Downloads
Morgan Kelly
15245: How to Estimate a VAR after March 2020 Downloads
Michele Lenza and Giorgio Primiceri
15244: Understanding the Estimation of Oil Demand and Oil Supply Elasticities Downloads
Lutz Kilian
15243: How large is the pay premium from executive incentive compensation? Downloads
Ana Albuquerque, Rui Albuquerque, Mary Ellen Carter and Flora Dong
15242: International Evidence on Shock-Dependent Exchange Rate Pass-Through Downloads
Kristin Forbes, Hjortsø, Ida and Tsvetelina Nenova
15241: Let’s Collude Downloads
Hamid Aghadadashli and Patrick Legros
15240: Network Centrality and Managerial Market Timing Ability Downloads
Theodoros Evgeniou, Joel Peress, Theo Vermaelen and Ling Yue
15239: Hedging macroeconomic and financial uncertainty and volatility Downloads
Ian Dew-Becker, Stefano Giglio and Bryan Kelly
15238: Doubling Down on Debt: Limited Liability as a Financial Friction Downloads
Jesse Perla, Carolin Pflueger and Michal Szkup
15237: Exposure to ethnic minorities changes attitudes to them Downloads
Sabine Albrecht, Riccardo Ghidoni, Elena Cettolin and Sigrid Suetens
15236: Superstar Exporters: An Empirical Investigation of Strategic Interactions in Danish Export Markets Downloads
Federico Ciliberto and Jäkel, Ina
15235: Fast and Slow Arbitrage: Fund Flows and Mispricing in the Frequency Domain Downloads
Xi Dong, Namho Kang and Joel Peress
15234: Organizing insurance supply for new and undiversifiable risks Downloads
Catherine Bobtcheff, Carole Haritchabalet and David Alary
15233: Culture, Institutions and Policy Downloads
Torsten Persson and Guido Tabellini
15232: Rugged Individualism and Collective (In)action During the COVID-19 Pandemic Downloads
Samuel Bazzi, Martin Fiszbein and Mesay Gebresilasse
15231: Corporate Bond Liquidity During the COVID-19 Crisis Downloads
Mahyar Kargar, Benjamin Lester, David Lindsay, Shuo Liu, Pierre-Olivier Weill and Zúñiga, Diego
15230: Corporate governance in the presence of active and passive delegated investment Downloads
Adrian Aycan Corum, Andrey Malenko and Nadya Malenko
15229: Pandemic Control in ECON-EPI Networks Downloads
Marina Azzimonti, Alessandra Fogli, Fabrizio Perri and Mark Ponder
15228: Capital-Skill Complementarity and Inequality: Twenty Years After Downloads
Lilia Maliar, Serguei Maliar and Inna Tsener
15227: The Long-Term Distributional and Welfare Effects of Covid-19 School Closures Downloads
Fuchs-Schündeln, Nicola, Dirk Krueger, Alexander Ludwig and Irina Popova
15226: Factions in Nondemocracies: Theory and Evidence from the Chinese Communist Party Downloads
Patrick Francois, Francesco Trebbi and Kairong Xiao
15225: Growing Like China: Firm Performance and Global Production Line Position Downloads
Davin Chor, Kalina Manova and Zhihong Yu
15224: Which firms benefit from corporate QE during the COVID-19 crisis? The case of the ECB’s Pandemic Emergency Purchase Program Downloads
Demirgüç-Kunt, Asli, Horváth, Bálint and Harry Huizinga
15223: TBTs, Firm Organization and Labour Structure Downloads
Giorgio Barba Navaretti, Fontagné, Lionel, Gianluca Orefice, Giovanni Pica and Anna Rosso
15222: Measuring Voters' Knowledge of Political News Downloads
Charles Angelucci and Andrea Prat
15221: How Can Bill and Melinda Gates Increase Other People’s Donations to Fund Public Goods? Downloads
Dean Karlan and John List
15220: Social learning in agriculture: does smallholder heterogeneity impede technology diffusion in Sub-Saharan Africa? Downloads
Luc Behaghel, Jérémie Gignoux and Karen Macours
15219: Informational Barriers to Market Access: Experimental Evidence from Liberian Firms Downloads
Jonas Hjort, Golvine de Rochambeau and Vinayak Iyer
15218: The effect of gender-targeted transfers: Experimental Evidence from India Downloads
Almås, Ingvild, Vincent Somville and Lore Vandewalle
15217: Comparing Forecast Performance with State Dependence Downloads
Florens Odendahl, Barbara Rossi and Tatevik Sekhposyan
15216: Understanding Tax Policy: How do people Reason Downloads
Stefanie Stantcheva
15215: Clearing the Bar: Improving Tax Compliance for Small Firms through Target Setting Downloads
Yazan Al-Karablieh, Evangelos Koumanakos and Stefanie Stantcheva
15214: The Health Effects of Prison Downloads
Randi Hjalmarsson and Matthew Lindquist
15213: Economic Shocks and Populism: The Political Implications of Reference-Dependent Preferences Downloads
Fausto Panunzi, Nicola Pavoni and Guido Tabellini
15212: Quasi-Experimental Shift-Share Research Designs Downloads
Kirill Borusyak, Peter Hull and Xavier Jaravel
15211: Effective Demand Failures and the Limits of Monetary Stabilization Policy Downloads
Michael Woodford
15210: Time-Varying Instrumental Variable Estimation Downloads
Liudas Giraitis, George Kapetanios and Massimiliano Marcellino
15209: The Fractured-Land Hypothesis Downloads
Fernández-Villaverde, Jesús, Mark Koyama, Youhong Lin and Tuan-Hwee Sng
15208: Historical Econometrics: Instrumental Variables and Regression Discontinuity Designs Downloads
Felipe Valencia Caicedo
15207: The Industrial Revolution and the Great Divergence: Recent Findings from Historical National Accounting Downloads
Stephen Broadberry
15206: Economic Growth in Sub-Saharan Africa, 1885-2008 Downloads
Stephen Broadberry and Leigh Gardner
15205: True Cost of Immediacy Downloads
Terrence Hendershott, Dan Li, Dmitry Livdan and Schürhoff, Norman
15204: The tension between market shares and profit under platform competition Downloads
Paul Belleflamme, Martin Peitz and Eric Toulemonde
15203: Data Linkages and Privacy Regulation Downloads
Rossella Argenziano and Alessandro Bonatti
15202: Sharing when stranger equals danger: Ridesharing during Covid-19 pandemic Downloads
Marc Ivaldi and Emil Palikot
15201: Does Vote Trading Improve Welfare? Downloads
Alessandra Casella and Macé, Antonin
15200: Complex Europe: Quantifying the Cost of Disintegration Downloads
Gabriel Felbermayr, Gröschl, Jasmin and Inga Heiland
15199: Stabilization vs. Redistribution: the Optimal Monetary-Fiscal Mix Downloads
Florin Bilbiie, Tommaso Monacelli and Roberto Perotti
15198: The International Aspects of Macroprudential Policy Downloads
Kristin Forbes
15197: Asset Bubbles and Inflation as Competing Monetary Phenomena Downloads
Guillaume Plantin
15196: Persistence in alcohol consumption: evidence from migrants Downloads
Marit Hinnosaar and Elaine Liu
15195: Collaboration in Bipartite Networks, with an Application to Coauthorship Networks Downloads
Chih-Sheng Hsieh, Michael Koenig, Xiaodong Liu and Christian Zimmermann
15194: Furloughing Downloads
Abigail Adams, Teodora Boneva, Marta Golin and Christopher Rauh
15193: Security Design with Status Concerns Downloads
Suleyman Basak, Dmitry Makarov, Alex Shapiro and Marti Subrahmanyam
15192: Can Subsidized Employment Tackle Long-Term Unemployment? Experimental Evidence from North Macedonia Downloads
Alex Armand, Pedro Carneiro, Federico Tagliati and Yiming Xia
15191: Financial Returns to Household Inventory Management Downloads
Scott Baker, Stephanie Johnson and Lorenz Kueng
15190: Global Business and Financial Cycles: A Tale of Two Capital Account Regimes Downloads
Julien Acalin and Alessandro Rebucci
15189: Are temporary value-added tax reductions passed on to consumers? Evidence from Germany’s stimulus Downloads
Felix Montag, Alina Sagimuldina and Monika Schnitzer
15188: Paper Withdrawn Downloads
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 Downloads
Shuo Chen and Debin Ma
15186: The Heterogeneous Effects of Trade across Occupations: A Test of the Stolper-Samuelson Theorem Downloads
Sergi Basco, Maxime Liegey, Martí Mestieri and Gabriel Smagghue
15185: Gender and Culture Downloads
Paola Giuliano
15184: Monetary Policy when the Phillips Curve is Locally Quite Flat Downloads
Paul Beaudry, Chenyu Hou and Franck Portier
15183: Is there a Refugee Gap? Evidence from Over a Century of Danish Naturalizations Downloads
Nina Boberg-Fazlic and Paul Sharp
15182: LIFE-CYCLE INEQUALITY: BLACKS AND WHITES DIFFERENTIALS IN LIFE EXPECTANCY, SAVINGS, INCOME, AND CONSUMPTION Downloads
Giacomo De Giorgi, Luca Gambetti and Costanza Naguib
15181: Gender Differences in Job Search: Trading off Commute Against Wage Downloads
Thomas Le Barbanchon, Roland Rathelot and Alexandra Roulet
15180: Beyond Pangloss: Financial sector origins of inefficient economic booms Downloads
Frederic Malherbe and Michael McMahon
15179: Social Externalities and Economic Analysis Downloads
Marc Fleurbaey, Ravi Kanbur and Brody Viney
15178: Covid-19 across European Regions: the Role of Border Controls Downloads
Matthias Eckardt, Kalle Kappner and Nikolaus Wolf
15177: When Tariffs Disturb Global Supply Chains Downloads
Gene Grossman and Elhanan Helpman
15176: Exit vs. Voice Downloads
Eleonora Broccardo, Oliver Hart and Luigi Zingales
15175: Signaling, Random Assignment, and Causal Effect Estimation Downloads
Christopher Hennessy and Gilles Chemla
15174: The Race between Population and Technology: Real wages in the First Industrial Revolution Downloads
Nicholas Crafts and Terence Mills
15173: (Mis)Allocation Effects of an Overpaid Public Sector Downloads
Tiago Cavalcanti and Marcelo R Santos
15172: Guilt, Esteem, and Motivational Investments Downloads
Maitreesh Ghatak and Zaki Wahhaj
15171: Expectations, Stagnation and Fiscal Policy: a Nonlinear Analysis Downloads
George Evans, Seppo Honkapohja and Kaushik Mitra
15170: External Balance Sheets and the COVID-19 Crisis Downloads
Galina Hale and Luciana Juvenal
15169: Data and policy decisions: Experimental evidence from Pakistan Downloads
Michael Callen
15168: Oil Prices, Gasoline Prices and Inflation Expectations: A New Model and New Facts Downloads
Lutz Kilian and Xiaoqing Zhou
15167: Killer Acquisitions and Beyond: Policy Effects on Innovation Strategies Downloads
Igor Letina, Armin Schmutzler and Regina Seibel
15166: Consumption and Income Inequality across Generations Downloads
Giovanni Gallipoli, Hamish Low and Aruni Mitra
15165: When does board diversity benefit shareholders? Strategic deadlock as a commitment to monitor Downloads
Alexander Ljungqvist and Konrad Raff
15164: Estimating DSGE Models: Recent Advances and Future Challenges Downloads
Fernández-Villaverde, Jesús and Pablo A. Guerron-Quintana
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