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.

20748: The Future of AI in Capital Markets

Tobias Adrian, Benjamin Mosk and Jason Wu

20747: Africa's Domestic Debt Boom: Evidence from the African Debt Database

Mark Manger, David Mihalyi, Ugo Panizza, Rescia, Niccolò, Christoph Trebesch and Ka Lok Wong

20746: Developing the Mortgage Market: Technology, Property Rights, and Banking

Angelo D'Andrea, Patrick Hitayezu, Kangni Kpodar, Nicola Limodio and Andrea Presbitero

20745: Carry Trade and Currency Crash Risk

Merve Mavus Kutuk and Sweder van Wijnbergen

20744: Credit and Product Innovation in Emerging Markets: Evidence from India

Siddharth Eapen George, Divya Kirti, Nils Lange, Martínez Pería, Maria Soledad and Rajesh Vijayaraghavan

20743: Why Do Couples and Singles Save during Retirement? Household Heterogeneity and its Aggregate Implications

Mariacristina De Nardi, Eric French, John Bailey Jones and Rory McGee

20742: Labor Supply and the Pension Contribution-Benefit Link

Eric French, Attila Lindner, O’Dea, Cormac and Tom Zawisza

20741: Imagine your Life at 25: Gender Conformity and Later-Life Outcomes

Sreevidya Ayyar, Uta Bolt, Eric French and O’Dea, Cormac

20740: Long-Term Care in England

James Banks, Jeremy McCauley and Eric French

20739: Retirement Policy in a Post-Covid World

Karolos Arapakis and Eric French

20738: Medical Spending Risk among Older Households by Race

Karolos Arapakis, Eric French, John Bailey Jones and Jeremy McCauley

20737: Private Credit: Risks and Benefits of a Maturity Wall

Rui Albuquerque and Adam Zawadowski

20736: Financial Technology and the Inequality Gap

Roxana Mihet

20735: Non-Financial Liabilities and Effective Corporate Restructuring

Bo Becker, Jens Josephson and Hongyi Xu

20734: Reputation for Confidence

Gáti, Laura and Amy Handlan

20733: Growth, Interrupted: How Crises Delay Global Convergence

Patrick Imam and Jonathan Temple

20732: The Effects of Fiscal Consolidations on the Debt Distribution

Francesco Frangiamore, Davide Furceri, Domenico Giannone, Faizaan Kisat and Pietro Pizzuto

20731: Transshipment Hubs, Trade, and Supply Chains

Anh Do, Sharat Ganapati, Woan Foong Wong and Oren Ziv

20730: Paying for Euroscepticism

Rodríguez-Pose, Andrés, Lewis Dijkstra and Chiara Dorati

20729: The Polarization Paradox: Why More Connections Can Divide Us

Arthur Campbell, Matthew Leister, Philip Ushchev and Yves Zenou

20728: Pharmaceutical Regulation and Incentives for Innovation in an International Perspective

Pierre Dubois

20727: Macroeconomic Forecasting and Machine Learning

Ta-Chung Chi, Ting-Han Fan, Raffaele Ghigliazza, Domenico Giannone and Wang, Zixuan (Kevin)

20726: Diversion Research

Bramoullé, Yann, Figuières, Charles and Mathis Preti

20725: Build Better Health: Evidence from Ireland on Housing Quality and Mortality

Alan de Bromhead, Ronan C. Lyons and Johann Ohler

20724: A Simple Model of Geopolitical Risk and Sanctions

Vivien Lewis and Sirikorn Puangjit

20723: When Non-Uniform Carbon Prices are Efficient and Fair: Implications for Transfer Schemes and Carbon Markets

Marc Fleurbaey, Ulrike Kornek and Ottmar Edenhofer

20722: Payment Frictions, Capital Flows, and Exchange Rates

Marco Reuter, Itai Agur, Alexander Copestake, Martínez Pería, Maria Soledad and Ken Teoh

20721: Income, Democracy, and Growth: Reconciling Evidence and Theory

Matteo Cervellati, Gerrit Meyerheim and Uwe Sunde

20720: On the Limits of Hedging Inflation Risk in Investment Portfolios

Damiaan Chen, Roel Beetsma and Sweder van Wijnbergen

20719: Crypto Carry

Maik Schmeling, Andreas Schrimpf and Karamfil Todorov

20718: Dynamic Effects of Health Insurance Reform

Jan Boone

20717: How Do Rising Temperatures Affect Inflation Expectations?

Dimitris Georgarakos, Geoff Kenny, Justus Meyer and Maarten van Rooij

20716: A State Theory of Price Levels

Barthélemy, Jean, Eric Mengus and Guillaume Plantin

20715: Identity and Institutional Change: Evidence from First Names in Germany, 1700–1850

Matthias Weigand, Cathrin Mohr and Davide Cantoni

20714: Building Consistent Territorial Units over Time: A Graph-Based Method for Historical Municipal Boundaries in Italy

Paolo Buonanno, Bianca Cattaneo, Giampaolo Lecce, Vitantonio Mariella and Laura Ogliari

20713: Social Learning among Urban Manufacturing Firms: Energy-Efficient Motors in Bangladesh

Ritam Chaurey, Gaurav Nayyar, Siddharth Sharma and Eric Verhoogen

20712: More to Live for: Health Investment Responses to Expected Retirement Wealth in Chile

Grant Miller, Nieves Valdes and Vera-Hernández, Marcos

20711: Multiproduct Firms, Refunds and Product Returns

Sebastian Ertner and Maarten Janssen

20710: What the Mercantilists Got Right

Dani Rodrik

20709: Mobile Broadband and the Decline of Incumbency Advantage

Sergei Guriev, Nikita Melnikov, Joana Escorcio Silva and Ekaterina Zhuravskaya

20708: Demand Steering through the Smokescreen of Stockouts: Evidence from Cigarette Vending Machines

Pablo Casas-Arce, Asis Martinez-Jerez and Helena Perrone

20707: Drivers of Switching in Autoinsurance: Evidence from Observable and Exogenous Consideration Sets

Helena Perrone and Fabricio Valiati

20706: Gender Gaps in Patience, Risk-Taking, Trust, and Prosociality Have Declined across Birth Cohorts

Rainer Kotschy and Uwe Sunde

20705: Conflict and Investment: A Review Across Health, Fertility, Education, and Economic Activity

Michele Di Maio and Uwe Sunde

20704: Decomposing Comparative Development 1880-2020: A Quantitative Dynamic Analysis

Matteo Cervellati, Gerrit Meyerheim and Uwe Sunde

20703: Auctions vs. Negotiations: The Role of the Payment Structure

Florian Hoffmann and Vladimir Vladimirov

20702: Disclosure, Patenting, and Trade Secrecy

Arnoud Boot and Vladimir Vladimirov

20701: Skill Disruption and Post-Acquisition Employee Exit

Johannes Loh, Pooyan Khashabi and Tobias Kretschmer

20700: Two-Sided Market Pricing with Heterogeneous Users: Theory and App-lication

Simon Anderson and Ozlem Bedre Defolie

20699: Public-Private Partnerships, Asymmetric Information, and Incomplete Contracts

Patrick Schmitz

20698: Ambiguity and the Variance of Gambles

Karl Whelan

20697: Work Intensity and Welfare Across Countries and Over Time

Alcalá, Francisco

20696: Left Over or Opting Out? Squeeze, Mismatch and Surplus in Chinese Marriage Markets

Pauline Rossi and Yun Xiao

20695: The Impact of Interest: Firms' Investment Sensitivity to Interest Rates

Lea Best, Benjamin Born and Manuel Menkhoff

20694: Sources of Consumer Information

Frederic Koessler and Renault, Régis

20693: Investing in Human Capital During Wartime: Experimental Evidence from Ukraine

Lelys Dinarte-Diaz, James Gresham, Renata Lemos, Harry Patrinos and Rony Rodriguez-Ramirez

20692: The Causal Effect of Parents' Education on Children's Earnings

Lee, Sang Yoon (Tim), Nicolas Roys and Ananth Seshadri

20691: Labor Markets, Financial Crises, and Inflation: Jobless and Wageless Recoveries

Guillermo Calvo, Emilio Colombi, Fabrizio Coricelli and Pablo Ottonello

20690: Export Controls and Innovation in Sanctioned Countries

Xueyue Liu, Yu Liu, Alexey Makarin and Jaya Wen

20689: For Better or for Babies: Fertility Constraints and Marriage in China

Lucie Giorgi and Eva Raiber

20688: Demographic Trends and Government Debt Dynamics in the US and Europe

Carlo A. Favero and Dev Srivastava

20687: The Inflationary Footprint of Fiscal Policy: Evidence from Disaggregated U.S. Spending

Guido Ascari, Anna Florio, Alessandro Gobbi and Leonardo Melosi

20686: Data, Power and Emissions: The Environmental Cost of AI

Alessandra Bonfiglioli, Crinò, Rosario, Mattia Filomena and Gino Gancia

20685: The Labor Market Consequences of Acquisitions

Jakob Elias Beuschlein, Sigurdsson, Jósef and Horng Chern Wong

20684: Financial Value of Nature: Coastal Housing Markets, Mangroves, and Climate Resilience

Teng Liu, Brook Constantz, Galina Hale and Michael Beck

20683: Bridging Quasi-Experimental and Structural Approaches for Robust Evaluation of US Airline Mergers

Gaurab Aryal, Anirban Chattopadhyaya and Federico Ciliberto

20682: Political Polarization and Human Capital Allocation

David Martinez-Miera and Carlos Sunyer

20681: Ex Machina: Financial Stability in the Age of Artificial Intelligence

Kartik Anand, Sophia Kazinnik, Agnese Leonello and Ettore Panetti

20680: FCI-Plot: Central Bank Communication Through Financial Conditions

Ricardo Caballero and Alp Simsek

20679: Global Trends in Innovation Patterns: A Complexity Approach

Christian Chacua, Shreyas Gadgin Matha, Matte Hartog, Ricardo Hausmann and Muhammed Yildirim

20678: Innovation Policies Under Economic Complexity

Christian Chacua, Shreyas Gadgin Matha, Matte Hartog, Ricardo Hausmann and Muhammed Yildirim

20677: Tariffs as Fiscal Policy

Kimberly Clausing and Maurice Obstfeld

20676: Air Quality and Conferences' Engagement

Gazzè, Ludovica, Tanu Gupta, Allen Huang, Valentina Londono, Santiago Saavedra and Mattie Toma

20675: Systemic Cyber Risk: Linking Measurement, Market Incentives, and Policy

Susan Athey, Neil Gandal and Tyler Moore

20674: Specialization in Banking

Kristian Blickle, Cecilia Parlatore Siritto and Anthony Saunders

20673: Incorporating Non-Unitary Income Elasticities, Choke Prices and Choke Incomes into Applied General-Equilibrium Models

James Markusen

20672: A Nascent International Financial Channel of China’s Monetary Policy Transmission

Sili Zhou, Chang Ma and Alessandro Rebucci

20671: Human Capital Accumulation Across Space

Klaus Desmet, Nagy, Dávid Krisztián and Esteban Rossi-Hansberg

20670: A New Approach to Fiscal Multipliers: Time Variation and High Frequency Shocks

Valeria Gargiulo, Atsushi Inoue and Barbara Rossi

20669: Deep Learning for Solving Economic Models

Fernández-Villaverde, Jesús

20668: Gatekeepers and Self-Preferencing: Incentives and Welfare Trade-offs in Two-sided Markets

Francesco Decarolis and Muxin Li

20667: Equity Frictions and Firm Ownership

Alessandra Peter

20666: Multigenerational Inequality

Jan Stuhler

20665: Asset Elasticities and Currency Risk Transfer

Carol Bertaut, Ester Faia, Sebnem Kalemli-Ozcan, Camilo Marchesini, Simon Paetzold and Martin Schmitz

20664: Playing with Blocs: Quantifying Decoupling

Barthelemy Bonadio, Zhen Huo, Elliot Kang, Andrei Levchenko, Nitya Pandalai-Nayar, Hiroshi Toma and Petia Topalova

20663: Identity as Self-Image

Bénabou, Roland and Luca Henkel

20662: Nature and Biodiversity Loss: A Research Agenda for Financial Economics

Stefano Giglio, Theresa Kuchler, Ströbel, Johannes and Olivier Wang

20661: An Empirical Investigation of the Effects of Monetary Policy Shocks on the Italian Economy

Massimiliano Marcellino and Tommaso Tornese

20660: Do Billionaires Pay Taxes?

Laurent Bach, Antoine Bozio, Arthur Guillouzouic and Malgouyres, Clément

20659: Macroeconomics and Climate Change

Adrien Bilal and James Stock

20658: Frictions in News Consumption: Evidence from Social Media

Luca Braghieri, Ro'ee Levy and Hannah Trachtman

20657: U.S. Risk and Treasury Convenience

Giancarlo Corsetti, Simon Lloyd, Emile Marin and Daniel Ostry

20656: On Pendular Voting

Hans Gersbach

20655: The Dual Strategy of Exclusion and Engagement: Impact on Asset Prices and Green Transition

Madhushree Ayalasomayajula and Eric Jondeau

20654: Good Rents versus Bad Rents: R&D Misallocation and Growth

Philippe Aghion, Antonin Bergeaud, Timo Boppart, Peter J. Klenow and Huiyu Li

20653: Bang for the Buck: Aggregate Impact of Firm-Level R&D Incentives

Marek Ignaszak, Daniel Robbins and SedlÃ¡Ä ek, Petr

20652: Digital Technology, Legal Reforms, and Bank Lending

Yi Huang, Yuchao Peng, Yangfan Sun, Bernard Yeung and Nanxuan Wang

20651: Digital Transmission of Financial Knowledge: Evidence from Stock Market Investment

Xiaomin Guo, Yi Huang, Qi Sun and Bernard Yeung

20650: Trade and the Scopes of Pollution: Evidence from China’s World Market Integration

Stefano Carattini, Hanwei Huang, Frank Pisch and Tejendra Pratap Singh

20649: The Competitive Effects of Mergers with Cournot Competition

Markus Reisinger and Hans Zenger