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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11805: Backtesting European Stress Tests

Thomas Philippon, Boubacar Camara and Pierre Pessarossi

11804: The Recent Growth Boom in Developing Economies: A Structural-Change Perspective

Dani Rodrik, Xinshen Diao and Margaret McMillan

11803: Efficient Lemons

Wolf Wagner and Burak Uras

11802: Comparing Alternative Policies Against Environmental Catastrophes

Timothy Besley and Avinash Dixit

11801: The effects of quasi-random monetary experiments

Alan Taylor, Moritz Schularick and Oscar Jorda

11800: Rage Against the Machines: Labor-Saving Technology and Unrest in Industrializing England

Hans-Joachim Voth and Bruno Caprettini

11799: Regulatory harmonization, profits, and productivity: Firm-level evidence from Morocco

Olivier Cadot, Patricia Augier and Marion Dovis

11798: Signaling in Contests

Aner Sela

11797: Women's career choices, social norms and child care policies

Helmuth Cremer, Francesca Barigozzi and Kerstin Roeder

11796: Foreign Banks and International Transmission of Monetary Policy: Evidence from the Syndicated Loan Market

Harry Huizinga, Demirgüç-Kunt, Asli and Horváth, Bálint

11795: WITHDRAWN PAPER

Ewout Frankema and Kostadis Papaioannou

11794: Political Determinants of Competition in the Mobile Telecommunication Industry

Luigi Zingales and Mara Faccio

11793: How Antitrust Enforcement Can Spur Innovation: Bell Labs and the 1956 Consent Decree

Monika Schnitzer, Martin Watzinger, Thomas Fackler and Markus Nagler

11792: Lower Oil Prices and the U.S. Economy: Is This Time Different?

Christiane Baumeister and Lutz Kilian

11791: Trade and Manufacturing Jobs in Germany

Südekum, Jens, Sebastian Findeisen and Wolfgang Dauth

11790: Menu costs, the price gap distribution and monetary non-neutrality: The role of financial constraints

Almut Balleer, Nikolay Hristov and Dominik Menno

11789: Is Modern Technology Responsible for Jobless Recoveries?

Guy Michaels and Georg Graetz

11788: Debt Overhang, Exchange Rates and the Macroeconomics of Carry Trade

Sweder van Wijnbergen and Egle Jakucionyte

11787: Israel’s Triumph over Inflation: The Long and Winding Road

Assaf Razin

11786: Behavioral Economics and the Atheoretical Style

Ran Spiegler

11785: Asymmetric information and the securitization of SME loans

Leonardo Gambacorta, Ugo Albertazzi, Margherita Bottero and Steven Ongena

11784: The Economic Consequences of Family Policies: Lessons from a Century of Legislation in High-Income Countries

Barbara Petrongolo and Claudia Olivetti

11783: Optimal Auction Design in a Common Value Model

Dirk Bergemann, Benjamin Brooks and Stephen Morris

11782: First Price Auctions with General Information Structures: Implications for Bidding and Revenue

Dirk Bergemann, Benjamin Brooks and Stephen Morris

11781: Moving on Towards a Workable Climate Regime

Jaime de Melo

11780: Fiscal policy coordination in currency unions at the effective lower bound

Müller, Gernot

11779: Child-Related Transfers, Household Labor Supply and Welfare

Nezih Guner, Gustavo Ventura and Remzi Kaygusuz

11778: Why Does China Allow Freer Social Media? Protests versus Surveillance and Propaganda

Strömberg, David, Bei Qin and Yanhui Wu

11777: The Logic of Hereditary Rule: Theory and Evidence

Timothy Besley and Marta Reynal-Querol

11776: The Impact of Export Promotion on Export Market Entry

Johannes Van Biesebroeck and ,

11775: Regression Discontinuity Design with Continuous Measurement Error in the Running Variable

Thomas Le Barbanchon and Laurent Davezies

11774: On measuring welfare changes when varieties are endogenous

Kristian Behrens, Yasusada Murata and Yoshitsugu Kanemoto

11773: Competition and hospital quality: Evidence from a French natural experiment

Laurent Gobillon and Carine Milcent

11772: Confirmation Bias and Electoral Accountability

Ben Lockwood

11771: The Origins and Extent of Entrepreneurial Action-Orientedness: An Experimental Study

Mirjam Praag, Randolph Sloof and Ahmad Barirani

11770: Early Cannabis Use and School to Work Transition of Young Men

Jan C. van Ours and Jenny Williams

11769: Extracting Information or Resource? The Hotelling Rule Revisited under Asymmetric Information

Jerome Pouyet, David Martimort and Francesco Ricci

11768: Inheritance Flows in Switzerland, 1911-2011

Brülhart, Marius, Didier Dupertuis and Elodie Moreau

11767: Social Mobility among Christian Africans: Evidence from Anglican Marriage Registers in Uganda, 1895-2011

Jacob Weisdorf, Felix Meier zu Selhausen and Marco van Leeuwen

11766: Threshold Contracts

Hans Gersbach and Johannes Gerd Becker

11765: Can grants to consortia spur innovation and science-industry collaboration? Regression-discontinuity evidence from Poland

David McKenzie and Miriam Bruhn

11764: Can Enhancing the Benefits of Formalization Induce Informal Firms to Become Formal? Experimental Evidence from Benin

David McKenzie, Najy Benhassine, Victor Pouliquen and Massimiliano Santini

11763: Network Capital

Robert Akerlof and Richard Holden

11762: From Proof of Concept to Scalable Policies: Challenges and Solutions, with an Application

Esther Duflo, Abhijit Banerjee, Rukmini Banerji, James Berry, Harini Kannan, Shobhini Mukerji, Michael Walton and Marc Shotland

11761: E-governance, Accountability, and Leakage in Public Programs: Experimental Evidence from a Financial Management Reform in India

Esther Duflo, Abhijit Banerjee, Clément Imbert, Santhosh Mathew and Rohini Pande

11760: Winter is Coming: The Long-Run Effects of Climate Change on Conflict, 1400-1900

Nancy Qian, Murat Iyigun and Nathan Nunn

11759: Top wealth shares in the UK over more than a century

Facundo Alvaredo, Anthony Atkinson and Salvatore Morelli

11758: Historical Roots of Political Extremism: The Effects of Nazi Occupation of Italy

Guido Tabellini, Tommaso Nannicini and Nicola Fontana

11757: The local effects of an innovation: Evidence from the French fish market

Laurent Gobillon and François-Charles Wolff

11756: Australian Exceptionalism? Inequality and Living Standards 1821-1871

Jeffrey G. Williamson and Laura Panza

11755: The Rise of American Ingenuity: Innovation and Inventors of the Golden Age

Ufuk Akcigit, John Grigsby and Tom Nicholas

11754: Ambiguous Policy Announcements

Luigi Paciello and Claudio Michelacci

11753: Price Dynamics with Customer Markets

Luigi Paciello, Andrea Pozzi and Nicholas Trachter

11752: Childlessness, Celibacy and Net Fertility in Pre-Industrial England: The Middle-class Evolutionary Advantage

Eric Schneider, David de la Croix and Jacob Weisdorf

11751: Killer Incentives: Status Competition and Pilot Performance during World War II

Hans-Joachim Voth, Philipp Ager and Leonardo Bursztyn

11750: Shipping inside the Box: Containerization and Trade

A. Kerem Coşar and Banu Demir

11749: Threshold-based forward guidance: hedging the zero bound

Lena Boneva, Richard Harrison and Matt Waldron

11748: Currency Wars? Unconventional Monetary Policy Does Not Stimulate Exports

Andrew Rose

11747: Reputation, Regulation and the Collapse of International Capital Markets, 1920-1935

Marc Flandreau

11746: Saving and Wealth Inequality

Mariacristina De Nardi and Giulio Fella

11745: Uncertainty-driven business cycles: assessing the markup channel

Benjamin Born and Johannes Pfeifer

11744: How Robust Is the Result That the Cost of "Leaning Against the Wind" Exceeds the Benefit? Response to Adrian and Liang

Lars Svensson

11742: Distinguishing Constraints on Financial Inclusion and Their Impact on GDP and Inequality

Robert Townsend, Era Dabla-Norris, Yan Ji and Filiz Unsal

11741: Maybe "honor thy father and thy mother": uncertain family aid and the design of social long term care insurance

Helmuth Cremer, Chiara Canta and Firouz Gahvari

11740: Did the Renewable Fuel Standard Shift Market Expectations of the Price of Ethanol?

Christiane Baumeister, Reinhard Ellwanger and Lutz Kilian

11739: Cost-Benefit Analysis of Leaning Against the Wind

Lars Svensson

11738: Intergenerational Mobility and Preferences for Redistribution

Stefanie Stantcheva, Alberto Alesina and Edoardo Teso

11737: Economic Crises and the Eligibility for the Lender of Last Resort: Evidence from Nineteenth Century France

Clemens Jobst and Vincent Bignon

11735: Consumer spending and fiscal consolidation: evidence from a housing tax experiment

Paolo Surico and Riccardo Trezzi

11734: Rich Pickings? Risk, Return, and Skill in the Portfolios of the Wealthy

Laurent Calvet and Laurent Bach

11733: The Globalization Risk Premium

Julien Sauvagnat, Barrot, Jean-Noël and Erik Loualiche

11732: Market Transparency and Fragility

Xavier Vives and Giovanni Cespa

11731: Market Power and Welfare in Asymmetric Divisible Good Auctions

Xavier Vives and Carolina Manzano

11730: The Term Structure and Inflation Uncertainty

Athanasios Orphanides, Tomas Breach and Stefania D'Amico

11729: A Behavioral New Keynesian Model

Xavier Gabaix

11728: The Aggregate Implications of Gender and Marriage

Mariacristina De Nardi, Margherita Borella and Fang Yang

11727: Credit constraints, endogenous innovations, and price setting in international trade

Carsten Eckel and Florian Unger

11726: Impulse Response Estimation By Smooth Local Projections

Régis Barnichon and Christian Brownlees

11725: Discrete Adjustment to a Changing Environment: Experimental Evidence

Michael Woodford, Luminita Stevens and Mel Win Khaw

11724: Do women respond less to performance pay? Building evidence from multiple experiments

Oriana Bandiera, Greg Fischer, Andrea Prat and Erina Ytsma

11723: Firm pricing with consumer search

Simon Anderson and Renault, Régis

11722: Tariff Scares: Trade policy uncertainty and foreign market entry by Chinese firms

Meredith Crowley, Huasheng Song and Ning Meng

11721: The Gains from Input Trade with Heterogeneous Importers

Claire Lelarge, Joaquin Blaum and Michael Peters

11720: W. Arthur Lewis and the Roots of Ghanaian Economic Policy

Ravi Kanbur

11719: Intra-Household Inequality and Overall Inequality

Ravi Kanbur

11718: Do anti-poverty programs sway voters? Experimental evidence from Uganda

Christopher Blattman, Mathilde Emeriau and Nathan Fiala

11717: Interfirm Relationships and Business Performance

Adam Szeidl and Jing Cai

11716: Gender Di erences in Academic Performance: The Role of Negative Marking in Multiple-Choice Exams

Helena Perrone and Patricia Funk

11715: How do entrepreneurial bosses influence their employees’ future entrepreneurship choices?

Mirjam Praag and Vera Rocha

11714: THE OUTPUT-INFLATION TRADE-OFF IN SWITZERLAND, 1916 – 2015

Stefan Gerlach

11713: The Political Economy of Weak Treaties

Marco Battaglini and Bard Harstad

11712: How Large Are the Gains from Economic Integration? Theory and Evidence from U.S. Agriculture, 1880-1997

Arnaud Costinot and Dave Donaldson

11711: Supply Chain Disruptions: Evidence from the Great East Japan Earthquake

Vasco Carvalho, Makoto Nirei, Yukiko Saito and Alireza Tahbaz-Salehi

11710: Waiting for a haircut? A bargaining perspective on sovereign debt restructuring

Marcus Miller, Sayantan Ghosal and Kannika Thampanishvong

11709: Countering Public Opposition to Immigration: The Impact of Information Campaigns

Giovanni Facchini, Yotam Margalit and Hiroyuki Nakata

11708: Design of Public Procurement Auctions: Evidence from Cleaning Contracts

Otto Toivanen, Ari Hyytinen and Sofia Lundberg

11707: Back to Basics: Basic Research Spillovers, Innovation Policy and Growth

Ufuk Akcigit, Douglas Hanley and Nicolas Serrano-Velarde

11706: The Diffusion of Knowledge via Managers' Mobility

Giordano Mion, Luca David Opromolla and Alessandro Sforza

11705: Cognitive Skills, Noncognitive Skills, and School-to-Work Transitions in Rural China

Albert Park, Paul Glewwe and Qiuqiong Huang

11704: Promotion Incentives in the Public Sector: Evidence from Chinese Schools

Albert Park and Naureen Karachiwalla