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.

12177: Exporting and Organizational Change

Lorenzo Caliendo, Ferdinando Monte and Esteban Rossi-Hansberg

12176: The Changing International linkages of Switzerland: An Overview

Cédric Tille

12175: Migration-Induced Redistribution with and without migrant voting

Assaf Razin and Efraim Sadka

12174: Asymmetric Information and the Property Rights Approach to the Theory of the Firm

Patrick Schmitz

12173: Services Input Intensity and US Manufacturing Employment Responses to the China Shock

Omar Bamieh, Matteo Fiorini, Bernard Hoekman and Adam Jakubik

12172: Changes in the Cost of Bank Equity and the Supply of Bank Credit

Claire Celerier, Thomas Kick and Steven Ongena

12171: Financial Development and Monetary Policy: Loan Applications, Rates, and Real Effects

Charles Abuka, Ronnie Alinda, Camelia Minoiu, Jose-Luis Peydro and Andrea Presbitero

12170: Understanding Cultural Persistence and Change

Paola Giuliano and Nathan Nunn

12169: The Interconnections Between Services and Goods Trade at the Firm-Level

Andrea Ariu, Holger Breinlich, Gregory Corcos and Giordano Mion

12168: Asset encumbrance and bank risk: First evidence from public disclosures in Europe

Albert Banal-Estanol, Enrique Benito and Dmitry Khametshin

12167: Employment growth following takeovers

Karen Geurts and Johannes Van Biesebroeck

12166: Conformism, Social Norms and the Dynamics of Assimilation

Gonzalo Olcina, Fabrizio Panebianco and Yves Zenou

12165: Infant Feeding and Cohort Health: Evidence from the London Foundling Hospital

Vellore Arthi and Eric Schneider

12164: The Dire Effects of the Lack of Monetary and Fiscal Coordination

Francesco Bianchi and Leonardo Melosi

12163: Job duration and history dependent unemployment insurance

Torben M Andersen and Christian Ellermann-Aarslev

12162: The Exporter Wage Premium When Firms and Workers Are Heterogeneous

Hartmut Egger, Peter Egger, Udo Kreickemeier and Christoph Moser

12161: Measuring the Market Size for Cannabis: A New Approach Using Forensic Economics

Matthias Parey and Imran Rasul

12160: Optimal Trend Inflation

Klaus Adam and Henning Weber

12159: European Banks Straddling Borders: Risky or Rewarding?

Patty Duijm and Dirk Schoenmaker

12158: Towards a Political Theory of the Firm

Luigi Zingales

12157: The Capital Structure of Nations

Patrick Bolton and Haizhou Huang

12156: Specialization in Bank Lending: Evidence from Exporting Firms

Daniel Paravisini, Veronica Rappoport and Philipp Schnabl

12155: Welfare Effects of R&D Support Policies

Tuomas Takalo, Tanja Tanayama and Otto Toivanen

12154: Middleman Minorities and Ethnic Violence: Anti-Jewish Pogroms in the Russian Empire

Irena Grosfeld, Seyhun Orcan Sakalli and Ekaterina Zhuravskaya

12153: Political Connections and the Informativeness of Insider Trades

Alan D. Jagolinzer, David F. Larcker, Gaizka Ormazabal and Daniel Taylor

12152: Market-wide Effects of Off-Balance Sheet Disclosures

Marc Badia, Miguel Duro, Bjørn Jørgensen and Gaizka Ormazabal

12151: Capital Structure Under Collusion

Ferrés, Daniel, Gaizka Ormazabal, Paul Povel and Giorgio Sertsios

12150: Consumer Mobility and the Local Structure of Consumption Industries

Sumit Agarwal, J. Jensen and Ferdinando Monte

12149: Can Gender Quotas in Candidate Lists Empower Women? Evidence from a Regression Discontinuity Design

Manuel Bagues and Pamela Campa

12148: Executive Compensation: A Survey of Theory and Evidence

Alex Edmans, Xavier Gabaix and Dirk Jenter

12147: Why Do Boards Exist? Governance Design in the Absence of Corporate Law

Mike Burkart, Salvatore Miglietta and Charlotte Ostergaard

12146: Measuring Social Connectedness

Michael Bailey, Ruiqing Cao, Theresa Kuchler, Ströbel, Johannes and Arlene Wong

12145: Does the Public Disclosure of the SEC’s Oversight Actions Matter?

Miguel Duro, Jonas Heese and Gaizka Ormazabal

12144: Firm Risk and Disclosures about Dispersion in Asset Values

Marc Badia, Mary E. Barth, Miguel Duro and Gaizka Ormazabal

12143: Whistleblowers on the Board? The Role of Independent Directors in Cartel Prosecutions

Murillo Campello, Ferrés, Daniel and Gaizka Ormazabal

12142: Why Do Defaults Affect Behavior? Experimental Evidence from Afghanistan

Joshua Blumenstock, Michael Callen and Tarek Ghani

12141: Geography, Search Frictions and Endogenous Trade Costs

Giulia Brancaccio, Myrto Kalouptsidi and Theodore Papageorgiou

12140: Industrial Clusters, Organized Crime and Productivity Growth in Italian SMEs

Roberto Ganau and Rodríguez-Pose, Andrés

12139: News, Uncertainty and Economic Fluctuations

Mario Forni, Luca Gambetti and Luca Sala

12138: Macroprudential policy and bank risk

Yener Altunbas, Mahir Binici and Leonardo Gambacorta

12137: The Exchange Rate as an Instrument of Monetary Policy

Jonas Heipertz, Ilian Mihov and Ana Maria Santacreu

12136: Land Trade and Development: A Market Design Approach

Gharad Bryan, Jonathan de Quidt, Tom Wilkening and Nitin Yadav

12135: The Causal Impact of Social Connections on Firms’ Outcomes

Marcus Eliason, Lena Hensvik, Francis Kramarz and Oskar Skans

12134: Balance-Sheet Diversification in General Equilibrium: Identification and Network Effects

Jonas Heipertz, Amine Ouazad, Romain Ranciere and Natacha Valla

12133: Revenue- versus spending-based fiscal consolidation announcements: follow-up, multipliers and confidence

Roel Beetsma, Oana Furtuna, Massimo Giuliodori and Haroon Mumtaz

12132: Secular Satiation

Gilles Saint-Paul

12131: Institutions and Political Party Systems: The Euro Case

Fernández-Villaverde, Jesús and Tano Santos

12130: A Generalized Approach to Indeterminacy in Linear Rational Expectations Models

Francesco Bianchi and Giovanni Nicolo

12129: Application Bundling in System Markets

Alexandre de Cornière, and Greg Taylor

12128: Spillovers, Persistence and Learning: Institutions and the Dynamics of Cooperation

Roberto Galbiati, Emeric Henry and Nicolas Jacquemet

12127: The shifting drivers of global liquidity

Stefan Avdjiev, Leonardo Gambacorta, Linda Goldberg and Stefano Schiaffi

12126: Training and Effort Dynamics in Apprenticeship

Drew Fudenberg and Luis Rayo

12125: Hunting Unicorns? Experimental Evidence on Predatory Pricing Policies

Aaron Edlin, Catherine Roux, Armin Schmutzler and Christian Thoeni

12124: Productivity and trade spillovers: Horizontal crowding-out versus vertical synergies in Europe as a response to the Foreign Direct Investment

Jan Hanousek, Evžen Kočenda and Pavla Vozarova

12123: When Inequality Matters for Macro and Macro Matters for Inequality

SeHyoun Ahn, Greg Kaplan, Benjamin Moll, Thomas Winberry and Christian Wolf

12122: Populism and Central Bank Independence

Charles Goodhart and Rosa Lastra

12121: Stocks for the Long Run: New Monthly Indices of British Equities, 1869-1929

Richard Grossman

12120: The Difficult School-to-Work Transition of High School Dropouts: Evidence from a field experiment

Pierre Cahuc, Carcillo, Stéphane and Andreea Minea

12119: Populism and the Economics of Globalization

Dani Rodrik

12118: Boom, Slump, Sudden stops, Recovery, and Policy Options. Portugal and the Euro

Olivier Blanchard and Pedro Portugal

12117: Board Quotas and Director-Firm Matching

Daniel Ferreira, Edith Ginglinger, Marie-Aude Laguna and Yasmine Skalli

12116: Sources of Liquidity and Liquidity Shortages

Charles Kahn and Wolf Wagner

12115: The Cost of Steering in Financial Markets: Evidence from the Mortgage Market

Luigi Guiso, Andrea Pozzi, Anton Tsoy, Leonardo Gambacorta and Paolo Emilio Mistrulli

12114: In Search of a Spatial Equilibrium in the Developing World

Douglas Gollin, Martina Kirchberger and David Lagakos

12113: Strategic Entry and Potential Competition: Evidence from Compressed Gas Fuel Retail

Giulia Pavan, Andrea Pozzi and Gabriele Rovigatti

12112: Job Mobility and Creative Destruction: Flexicurity in the Land of Schumpeter

Andreas Kettemann, Francis Kramarz and Josef Zweimueller

12111: Excess saving and low interest rates: Theory and empirical evidence

Peter Bofinger and Mathias Ries

12110: Convergence in National Alcohol Consumption Patterns: New Global Indicators

Alexander Holmes and Kym Anderson

12109: UK and global wine markets by 2025, and implications of Brexit

Kym Anderson and Glyn Wittwer

12108: The International Dimensions of Macroprudential Policies

Agénor, Pierre-Richard, Enisse Kharroubi, Leonardo Gambacorta, Giovanni Lombardo and Luiz Awazu Pereira da Silva

12107: Eradicating Women-Hurting Customs: What Role for Social Engineering?

Jean-Philippe Platteau, Giula Camilotti and Emmanuelle Auriol

12106: How Restricted is the Job Mobility of Skilled Temporary Work Visa Holders?

Jennifer Hunt

12105: Measuring Rents from Public Employment: Regression discontinuity evidence from Kenya

Nicholas Barton, Tessa Bold and Justin Sandefur

12104: Equity versus Bail-in Debt in Banking: An Agency Perspective

Caterina Mendicino, Kalin Nikolov and Javier Suarez

12103: Houses across time and across place

David Miles and James Sefton

12102: The Diffusion of New Institutions: Evidence from Renaissance Venice's Patent System

Stefano Comino, Alberto Galasso and Clara Graziano

12101: Why Are Single-Sex Schools Successful?

Christian Dustmann, Hyejin Ku and Do Won Kwak

12100: Financial Literacy Externalities

Michael Haliassos, Thomas Jansson and Yigitcan Karabulut

12099: Asymmetries in the Firm’s Use of Debt to Changing Market Values

Stephen Ferris, Jan Hanousek, Anastasiya Shamshur and Jiri Tresl

12098: Import Competition and Household Debt

Barrot, Jean-Noël, Erik Loualiche, Matthew Plosser and Julien Sauvagnat

12097: The Political Cost of Being Soft on Crime: Evidence from a Natural Experiment

Francesco Drago, Roberto Galbiati and Francesco Sobbrio

12096: Social Security Contributions and the Business Cycle

Anna Almosova, Michael Burda and Simon Voigts

12095: Equilibrium Search and the Impact of Equal Opportunities for Women

Melvyn Coles and Marco Francesconi

12094: To bribe or not to bribe? Corruption uncertainty and corporate practices

Jan Hanousek, Anastasiya Shamshur and Jiri Tresl

12093: A Tie That Binds: Revisiting the Trilemma in Emerging Market Economies

Maurice Obstfeld, Jonathan Ostry and Mahvash Qureshi

12092: Online Exports and the Wage Gap

Marcio Cruz, Emmanuel Milet and Marcelo Olarreaga

12091: Supply- and Demand-side Factors in Global Banking

Mary Amiti, Patrick McGuire and David Weinstein

12090: What is the World Bank Good For? Global Public Goods and Global Institutions

Ravi Kanbur

12089: The Digital Revolution and Targeting Public Expenditure for Poverty Reduction

Ravi Kanbur

12088: Polls, the Press, and Political Participation: The Effects of Anticipated Election Closeness on Voter Turnout

Leonardo Bursztyn, Davide Cantoni, Patricia Funk and Noam Yuchtman

12087: Non-Work at Work, Unemployment and Labor Productivity

Michael Burda, Katie R. Genadek and Daniel Hamermesh

12086: The Private Production of Safe Assets

Marcin Kacperczyk, Christophe Perignon and Guillaume Vuillemey

12085: Empirical Evaluation of Overspecified Asset Pricing Models

Elena Manresa, Francisco Penaranda and Enrique Sentana

12084: Public Opinion on Immigration in Europe: Preference versus Salience

Timothy Hatton

12083: Uncertainty and the Great Recession

Benjamin Born, Sebastian Breuer and Steffen Elstner

12082: Total Factor Productivity Convergence in German States since Reunification: Evidence and Explanations

Michael Burda and Battista Severgnini

12081: From Weber to Kafka: Political Instability and the Rise of an Inefficient Bureaucracy

Gabriele Gratton, Luigi Guiso, Claudio Michelacci and Massimo Morelli

12080: Detection and Impact of Industrial Subsidies: The Case of Chinese Shipbuilding

Myrto Kalouptsidi

12079: International Monetary Relations: Taking Finance Seriously

Maurice Obstfeld and Alan Taylor

12078: Cross-Border Mergers and Acquisitions: Evidence from the Indochina Region

Manapol Ekkayokkaya, Pimnipa Foojinphan and Christian Wolff