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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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13163: Should a Poverty-Averse Donor Always Increase the Share of Governance-Improving Countries? Downloads
François Bourguignon and Jean-Philippe Platteau
13162: Why Does Education Reduce Crime? Downloads
Brian Bell, Rui Costa and Stephen Machin
13161: Network Formation with Local Complements and Global Substitutes: The Case of R&D Networks Downloads
Chih-Sheng Hsieh, Michael Koenig and Xiaodong Liu
13160: Unequal Gains, Prolonged Pain: A Model of Protectionist Overshooting and Escalation Downloads
Emily Blanchard and Gerald Willmann
13159: Income taxation of couples, spouses' labor supplies and the gender wage gap Downloads
Helmuth Cremer and Kerstin Roeder
13158: Which Ladder to Climb? Decomposing Life Cycle Wage Dynamics Downloads
Christian Bayer and Moritz Kuhn
13157: Physician workload and treatment choice: the case of primary care Downloads
Ity Shurtz, Alon Eizenberg, Adi Alkalay and Amnon Lahad
13156: Money Creation in Different Architectures Downloads
Salomon Faure and Hans Gersbach
13155: Rebel Capacity and Combat Tactics Downloads
Konstantin Sonin and Austin L. Wright
13154: Financial Restrictions and Competitive Balance in Sports Leagues Downloads
Vsevolod Grabar and Konstantin Sonin
13153: Missing Events in Event Studies: Identifying the Effects of Partially-Measured News Surprises Downloads
Gürkaynak, Refet, Kısacıkoğlu, Burçin and Jonathan Wright
13152: Bank Capital in the Short and in the Long Run Downloads
Caterina Mendicino, Kalin Nikolov, Javier Suarez and Dominik Supera
13151: Liability Structure and Risk-Taking: Evidence from the Money Market Fund Industry Downloads
Ramin Baghai, Mariassunta Giannetti and Ivika Jager
13150: Foreign Expansion, Competition and Bank Risk Downloads
Ester Faia, Sébastien Laffitte and Gianmarco Ottaviano
13149: Fiscal Policy, Potential Output and the Shifting Goalposts Downloads
Fatás, Antonio
13148: Markets for Information: An Introduction Downloads
Dirk Bergemann and Alessandro Bonatti
13147: The Economic Effects of Brexit - Evidence from the Stock Market Downloads
Holger Breinlich, Elsa Leromain, Dennis Novy, Thomas Sampson and Ahmed Usman
13146: Prices under Innovation: Evidence from Manufacturing Firms Downloads
Jordi Jaumandreu and Shuheng Lin
13145: Agnostic Structural Disturbances (ASDs): Detecting and Reducing Misspecification in Empirical Macroeconomic Models Downloads
Wouter Den Haan and Thomas Drechsel
13144: Retirement in the Shadow (Banking) Downloads
Ordoñez, Guillermo and Facundo Piguillem
13143: Estimating Bargaining-related Tax Advantages of Multinational Firms Downloads
Peter Egger, Nora Strecker and Benedikt Zoller-Rydzek
13142: Current account adjustment and retained earnings Downloads
Andreas Fischer, Henrike Leonie Groeger, Sauré, Philip and Yeşin, Pınar
13141: Euro Area and U.S. External Adjustment: The Role of Commodity Prices and Emerging Market Shocks Downloads
Massimo Giovannini, Stefan Hohberger, Robert Kollmann, Marco Ratto, Werner Roeger and Lukas Vogel
13140: Learning from failure across products Downloads
Johanna Glauber and Tobias Kretschmer
13139: Agent Orange: Trump, Soft Power, and Exports Downloads
Andrew Rose
13138: The Other Way: A Narrative History of the Bank of France Downloads
Vincent Bignon and Marc Flandreau
13137: The Implications of Financial Innovation for Capital Markets and Household Welfare Downloads
Adrian Buss, Raman Uppal and Grigory Vilkov
13136: Anonymity or Distance? Job Search and Labour Market Exclusion in a Growing African City Downloads
Girum Abebe, Stefano Caria, Marcel Fafchamps, Paolo Falco, Simon Franklin and Simon Quinn
13135: The Procyclicality of Expected Credit Loss Provisions Downloads
Jorge Abad and Javier Suarez
13134: Inequality and Public Policy Downloads
Michele Battisti and Joseph Zeira
13133: Does Job Search Assistance Really Raise Employment? Downloads
Lionel Cottier, Yves Flueckiger, Pierre Kempeneers and Rafael Lalive
13132: Commodity Trade Matters Downloads
Thibault Fally and James Sayre
13131: The human side of austerity: health spending and outcomes during the Greek crisis Downloads
Roberto Perotti
13130: The Power Resource Theory Revisited: What Explains the Decline in Industrial Conflicts in Sweden? Downloads
Jakob Molinder, Tobias Karlsson and Kerstin Enflo
13129: Amphitheaters, cathedrals and operas: The role of historic amenities on suburbanization Downloads
Miquel-Àngel Garcia-López, Ilias Pasidis and Elisabet Viladecans-Marsal
13128: Evaluating the Economic Cost of Coastal Flooding Downloads
Klaus Desmet, Robert Kopp, Scott A. Kulp, David Nagy, Michael Oppenheimer, Esteban Rossi-Hansberg and Benjamin H. Strauss
13127: Optimal fund menus Downloads
Jaksa Cvitanic and Julien Hugonnier
13126: Frictional intermediation in over-the-counter markets Downloads
Julien Hugonnier, Benjamin Lester and Pierre-Olivier Weill
13125: Middle managers, personnel turnover and performance: A long-term field experiment in a retail chain Downloads
Guido Friebel, Matthias Heinz and Nick Zubanov
13124: The Costs of Macroprudential Policy Downloads
Richter, Björn, Moritz Schularick and Ilhyock Shim
13123: Catching Up to Girls: Understanding the Gender Imbalance in Educational Attainment Within Race Downloads
Esteban Aucejo and Jonathan James
13122: Identifying Chinese Supply Shocks - Effects of Trade on Labor Markets Downloads
Andreas Fischer, Philipp Herkenhoff and Sauré, Philip
13121: Multi-candidate Political Competition and the Industrial Organization of Politics Downloads
Avner Seror and Thierry Verdier
13120: Leaders in Juvenile Crime Downloads
Carlos Díaz, Eleonora Patacchini, Thierry Verdier and Yves Zenou
13119: Physiological Constraints and Comparative Economic Development Downloads
Carl-Johan Dalgaard and Holger Strulik
13118: Shift-Share Designs: Theory and Inference Downloads
Rodrigo Adao, Kolesár, Michal and Eduardo Morales
13117: What Drives the FOMC’s Dot Plots? Downloads
Stefan Gerlach and Rebecca Stuart
13116: Do the Rich Get Richer in the Stock Market? Evidence from India Downloads
John Campbell, Tarun Ramadorai and Benjamin Ranish
13115: Standing on the Shoulders of Dwarfs: Dominant Firms and Innovation Incentives Downloads
Luis Cabral
13114: Enforcing Regulation under Illicit Adaptation Downloads
Andres Gonzalez-Lira and Ahmed Mobarak
13113: The Dynamics of Discrimination: Theory and Evidence Downloads
Aislinn Bohren, Alex Imas and Michele Rosenberg
13112: How do Automation and Offshorability Influence Unemployment Duration and Subsequent Job Quality? Downloads
Bernhard Schmidpeter and Rudolf Winter-Ebmer
13111: Idea Sharing and the Performance of Mutual Funds Downloads
Julien Cujean
13110: Who Voted for Brexit? Individual and Regional Data Combined Downloads
Eleonora Alabrese, Sascha Becker, Thiemo Fetzer and Dennis Novy
13109: Household Portfolio Underdiversification and Probability Weighting: Evidence from the Field Downloads
Stephen Dimmock, Roy Kouwenberg, Olivia Mitchell and Kim Peijnenburg
13108: Notes on the Underground: Monetary Policy in Resource-Rich Economies Downloads
Andrea Ferrero and Martin Seneca
13107: Inequality Aversion, Populism, and the Backlash Against Globalization Downloads
Pástor, Luboš and Pietro Veronesi
13106: The Welfare State besides Globalization Forces Downloads
Assaf Razin and Efraim Sadka
13105: Does a Tax Credit matter for Job Creation by Multinational Enterprises? Downloads
Jozef Konings, Cathy Lecocq and Bruno Merlevede
13104: Estimating the Elasticity of Intertemporal Substitution Using Mortgage Notches Downloads
Michael Best, James Cloyne, Ethan Ilzetzki and Henrik Kleven
13103: The rise of populism and the collapse of the left-right paradigm: Lessons from the 2017 French presidential election Downloads
Yann Algan, Elizabeth Beasley, Daniel Cohen and Martial Foucault
13102: Effects of Poverty on Impatience: Preferences or Inattention? Downloads
BartoÅ¡, VojtÄ›ch, Michal Bauer, Julie Chytilová and Ian Levely
13101: College Tuition and Income Inequality Downloads
Zhifeng Cai and Jonathan Heathcote
13100: Central Bank Balance Sheet Policies Without Rational Expectations Downloads
Luigi Iovino and Dmitriy Sergeyev
13099: Feeling Useless: The Effect of Unemployment on Mental Health in the Great Recession Downloads
Farré, Lidia, Francesco Fasani and Hannes Mueller
13098: Can Government Intervention Make Firms More Investment-Ready? A Randomized Experiment in the Western Balkans Downloads
Ana Cusolito, Dautović, Ernest and David McKenzie
13097: The Political Economy of Public Debt: A Laboratory Study Downloads
Marco Battaglini, Salvatore Nunnari and Thomas Palfrey
13096: Equilibrium Provider Networks: Bargaining and Exclusion in Health Care Markets Downloads
Kate Ho and Robin Lee
13095: The State of New Keynesian Economics: A Partial Assessment Downloads
Galí, Jordi
13094: Short-term rentals and the housing market: Quasi-experimental evidence from Airbnb in Los Angeles Downloads
Hans Koster, Jos van Ommeren and Nicolas Volhausen
13093: Inventory Management, Dealers' Connections, and Prices in OTC Markets Downloads
Jean-Edouard Colliard, Thierry Foucault and Peter Hoffmann
13092: Per Capita Income, Consumption Patterns, and CO2 Emissions Downloads
Justin Caron and Thibault Fally
13091: Private Money Creation, Liquidity Crises, and Government Intervention Downloads
Pierpaolo Benigno and Roberto Robatto
13090: Repo market functioning: The role of capital regulation Downloads
Antonios Kotidis and Neeltje Van Horen
13089: Discrimination, Managers, and Firm Performance: Evidence from “Aryanizations†in Nazi Germany* Downloads
Kilian Huber, Volker Lindenthal and Fabian Waldinger
13088: A Primer on Capacity Mechanisms Downloads
Natalia Fabra
13087: Some Simple Economics of Patent Protection for Complex Technologies Downloads
Vincenzo Denicolo' and Piercarlo Zanchettin
13086: The Carbon `Carprint' of Suburbanization: New Evidence from French Cities Downloads
Blaudin de Thé, Camille, Benjamin Carantino and Miren Lafourcade
13085: Vehicle Currency Pricing and Exchange Rate Pass-Through Downloads
Natalie Chen, Wanyu Chung and Dennis Novy
13084: (At Least) Four Theories for Sovereign Default Downloads
Markus Eberhardt
13083: Upstream Bundling and Leverage of Market Power Downloads
Alexandre de Cornière, and Greg Taylor
13082: European Funds and Firm Dynamics: Estimating Spillovers from Increased Access Downloads
João Pereira Dos Santos and Jose Tavares
13081: The Economic Effects of Electoral Rules: Evidence from Unemployment Benefits Downloads
Vincenzo Galasso and Salvatore Nunnari
13080: Can Rationing Increase Welfare? Theory and An Application to India's Ration Shop System Downloads
Lucie Gadenne
13079: Trade Policy Toward Supply Chains after the Great Recession Downloads
Chad Bown
13078: Social Influence in Prosocial Behavior:Evidence from a Large-Scale Experiment Downloads
Lorenz Goette and Egon Tripodi
13077: Trade Secrets and Innovation: Evidence from the “Inevitable Disclosure†Doctrine Downloads
Andrea Contigiani, David Hsu and Iwan Barankay
13076: Occupational Licensing, Labor Mobility, and the Unfairness of Entry Standards Downloads
Mario Pagliero
13075: Gender Wage Gap at the Top, Job Inflexibility and Product Market Competition Downloads
Fredrik Heyman, Norbäck, Pehr-Johan and Lars Persson
13074: Costly Pretrial Agreements Downloads
Luca Anderlini, Leonardo Felli and Giovanni Immordino
13073: Reviving American Entrepreneurship? Tax Reform and Business Dynamism Downloads
SedlÃ¡Ä ek, Petr and Vincent Sterk
13072: Monetary Easing, Lack of Investment and Financial Instability Downloads
Viral Acharya, Guillaume Plantin, Pietro Reggiani and Iris Yao
13071: Solving heterogeneous agent models in discrete time with many idiosyncratic states by perturbation methods Downloads
Christian Bayer and Ralph Luetticke
13070: Immigrant Artists: Enrichment or Displacement? Downloads
Karol Borowiecki and Kathryn Graddy
13069: Dynamic Liquidity-Based Security Design Downloads
Emre Ozdenoren, Kathy Yuan and Shengxing Zhang
13068: Structural Interpretation of Vector Autoregressions with Incomplete Information: Revisiting the Role of Oil Supply and Demand Shocks: Comment Downloads
Lutz Kilian and Xiaoqing Zhou
13067: Wealth Taxes and Inequality Downloads
Nicola Borri and Pietro Reichlin
13066: Twenty Five Years of Global Imbalances Downloads
Maurice Obstfeld
13065: Reserves For All? Central Bank Digital Currency, Deposits, and their (Non)-Equivalence Downloads
Dirk Niepelt
13064: Infant Health Care and Long-Term Downloads
Bütikofer, Aline, Løken, Katrine and Kjell G Salvanes
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