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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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19442: A Market for Airport Slots Downloads
Marleen Marra
19441: The Returns to Skills During the Pandemic: Experimental Evidence from Uganda Downloads
Livia Alfonsi, Vittorio Bassi, Imran Rasul and Elena Spadini
19440: Quid Pro Quo, Knowledge Spillovers, and Industrial Quality Upgrading: Evidence from the Chinese Auto Industry Downloads
Panle Barwick, Jie Bai, Shengmao Cao and Shanjun Li
19439: Entry Deregulation, Market Turnover, and Efficiency: China’s Business Registration Reform Downloads
Panle Barwick, Luming Chen, Shanjun Li and Xiaobo Zhang
19438: Workers-to-Firms Matching When Skills Become Unbundled Downloads
Choné, Philippe, Nathael Gozlan and Francis Kramarz
19437: Who should work how much? Downloads
Timo Boppart, Per Krusell and Jonna Olsson
19436: Temporary Replacement Workers in a Matching Model With Employment At Will Downloads
Pietro Garibaldi and Pedro Gomes
19435: Temporary Employment in Markets with Frictions Downloads
Pietro Garibaldi and Tito Boeri
19434: Health Inequality and Health Types Downloads
Margherita Borella, Francisco Bullano, Mariacristina De Nardi, Benjamin Krueger and Elena Manresa
19433: Soft Negotiators or Modest Builders? Why Women Earn Lower Real Estate Returns Downloads
Laurent Bach, Anastasia Girshina and Paolo Sodini
19432: Gender Role Models in Education Downloads
Sofoklis Goulas, Bhagya Gunawardena, Rigissa Megalokonomou and Yves Zenou
19431: Elite Universities and the Intergenerational Transmission of Human and Social Capital Downloads
Andres Barrios Fernandez, Christopher Neilson and Seth Zimmerman
19430: The Illusion of Cyclicality in Entry Wages Downloads
Ines Black and Ana Figueiredo
19429: The Micro and Macro Economics of Short-Time Work Downloads
Pierre Cahuc
19428: High temperatures and workplace injuries Downloads
Matteo Picchio and Jan C. van Ours
19427: Admissible Surplus Dynamics and the Government Debt Puzzle Downloads
Pierre Collin-Dufresne, Julien Hugonnier and Elena Perazzi
19426: A Bayesian Approach for Inference on Probabilistic Surveys Downloads
Federico Bassetti, Roberto Casarin and Marco Del Negro
19425: International Risk Sharing and Wealth Allocation with Higher Order Cumulants Downloads
Giancarlo Corsetti, Anna Lipinska and Giovanni Lombardo
19424: The Economics of Nation-Building: Methodological Toolkit and Policy Lessons Downloads
Dominic Rohner and Ekaterina Zhuravskaya
19423: Network Competition in the Airline Industry: An Empirical Framework Downloads
Zhe Yuan and Panle Barwick
19422: The Role of Sell Frictions for Inventories and Business Cycles Downloads
Wouter Den Haan and Tiancheng Sun
19421: Performance and Challenges of Net-Zero Strategies in the Context of the EU Regulation Downloads
Fabio Alessandrini, Eric Jondeau and Vallée, Lou-Salomé
19420: Asset Pricing and Risk Sharing in Complete Markets: An Experimental Investigation Downloads
Bruno Biais, Thomas Mariotti, Sophie Moinas and Sebastien Pouget
19419: Markups and Inflation in Oligopolistic Markets: Evidence from Wholesale Price Data Downloads
Patrick Alexander, Lu Han, Oleksiy Kryvtsov and Ben Tomlin
19418: Protection for sale without aggregation bias Downloads
Jean-Marc Solleder, Fulvio Silvy and Marcelo Olarreaga
19417: Trust, Business Group Decentralization, and Firm Productivity Downloads
Christian Fons-Rosen, Miriam Manchin and Katalin Szemeredi
19416: Money Talks to Autocrats, Bullets Whistle to Democrats: Political Influence under Different Regimes Downloads
Thea How Choon, Giovanna Marcolongo and Paolo Pinotti
19415: The Turing Valley: How AI Capabilities Shape Labor Income Downloads
Enrique Ide and Eduard Talamas
19414: Drug-related harm reduction and local communities: Evidence from Dutch drug consumption rooms Downloads
Sofia Franco and Hans Koster
19413: Wealth Heterogeneity and the Marginal Propensity to Consume out of Wealth Downloads
Bertrand Garbinti, Pierre Lamarche and Frédérique Savignac
19412: To Have or Not to Have: Understanding Wealth Inequality Downloads
Pavel Brendler, Moritz Kuhn and Ulrike Steins
19411: There Is No Excess Volatility Puzzle Downloads
Andy Atkeson, Jonathan Heathcote and Fabrizio Perri
19410: A Theory of Recommendations Downloads
Jean-Michel Benkert and Armin Schmutzler
19409: Monetary Policy Transmission amid Demand Reallocations Downloads
Julien Bengui, Lu Han and Gaelan MacKenzie
19408: Firm Heterogeneity and Imperfect Competition in Global Production Networks Downloads
Hanwei Huang, Kalina Manova, Perelló, Oscar and Frank Pisch
19407: Assessing the Global Impact of Transit Countries in a Gravity Model Downloads
Richard Friberg, Mario Milone and Katrin Tinn
19406: Italy's Long-Term Economic Performance: GDP Estimates from 1300 to 1861 Downloads
Giovanni Federico, Alessandro Nuvolari, Leonardo Ridolfi and Michelangelo Vasta
19405: Achieving Safety: Personal, Private and Public Provision Downloads
Enrico Perotti and Spyros Terovitis
19404: Fiscal Stimulus with Supply Constraints Downloads
Luca Fornaro
19403: Wage Setting in Times of High and Low Inflation Downloads
Gödl, Maximilian and Gödl-Hanisch, Isabel
19402: Industrial Policy in the Global Semiconductor Sector Downloads
Pinelopi Goldberg, Juhász, Réka, Nathaniel Lane, Giulia Lo Forte and Jeff Thurk
19401: Asset Pricing and Risk Sharing Implications of Alternative Pension Plan Systems Downloads
Nuno Coimbra, Francisco Gomes, Alexander Michaelides and Jialu Shen
19400: Distributional impacts of conservation on land prices: Evidence from Natura 2000 Downloads
Lassi Ahlvik and Sebastiaan van Kooten
19399: Dealer Inventory and the Cross-Section of Corporate Bond Returns Downloads
Nils Friewald and Florian Nagler
19398: Ethnic Wealth Inequality in England and Wales, 1858-2018 Downloads
Neil Cummins
19397: Understanding Spatial House Price Dynamics in a Housing Boom Downloads
Leo Kaas, Georgi Kocharkov and Nicolas Syrichas
19396: Does the Community Reinvestment Act (CRA) Crowd Out Corporate Lending? Downloads
Ruichang Lu, Massimo Massa, Wenlan Qian and Hong Zhang
19395: Do Banks Buffer Equity Market Shocks? Fire Sales Around the World and Corporate Financing Downloads
Massimo Massa, Chuyi Yang and Lei Zhang
19394: Is Human-Interaction-based Information Substitutable? Downloads
Jennie Bai and Massimo Massa
19393: Government Distrust and Stock Market Downloads
Fatima Zahra Filali Adib, Massimo Massa and Hong Zhang
19392: Stewardship Theatre and Political Catering Downloads
Massimo Massa and Lei Zhang
19391: Information Aggregation: Evidence from Lockdown of Subsidiaries Downloads
Allaudeen Hamed, Massimo Massa, Zhenghui Ni and Zhou Zhou
19390: Data Specialists and Market Efficiency Downloads
Massimo Massa, Hong Zhang and Yijun Zhou
19389: Do Investor Differences Impact Monetary Policy Spillovers to Emerging Markets?∗ Downloads
Ester Faia, Karen Lewis and Haonan Zhou
19388: Cheapflation and the rise of inflation inequality Downloads
Tao Chen, Peter Levell and Martin O'Connell
19387: Legal Institutions and the Development of Financial Systems Revisited Downloads
Thorsten Beck and Ross Levine
19386: Spooky Boundaries at a Distance: Inductive Bias, Dynamic Models, and Behavioral Macro Downloads
Mahdi Ebrahimi Kahou, Fernández-Villaverde, Jesús, Sebastian Gomez Cardona, Jesse Perla and Jan Rosa
19385: Hetereogeneous Firms, Growth and the Long Shadows of Business Cycles Downloads
Giammario Impullitti, Omar Licandro, SedlÃ¡Ä ek, Petr and Adam Spencer
19384: Productivity, competition, and market outcomes Downloads
Jordi Jaumandreu
19383: The consequences of a trade collapse: Economics and politics in Weimar Germany Downloads
Bjoern Brey and Giovanni Facchini
19382: Two Centuries of Systemic Bank Runs Downloads
Rustam Jamilov, König, Tobias, Müller, Karsten and Farzad Saidi
19381: Bayesian Neural Networks for Macroeconomic Analysis Downloads
Niko Hauzenberger , Florian Huber, Karin Klieber and Massimiliano Marcellino
19380: The signaling effects of fiscal announcements Downloads
Leonardo Melosi, Hiroshi Morita, Anna Rogantini Picco and Francesco Zanetti
19379: Inference for Local Projections Downloads
Atsushi Inoue, Jordà , Òscar and Guido Kuersteiner
19378: Local projections Downloads
Jordà , Òscar and Alan M. Taylor
19377: The drivers of post-pandemic inflation Downloads
Domenico Giannone and Giorgio Primiceri
19376: Homothetic Non-CES Demand Systems with Applications to Monopolistic Competition Downloads
Kiminori Matsuyama
19375: Mixed Payment and Mixed Objectives: Insights from the Ownership Structure in Swedish Primary Care Downloads
Hellbom Almström, Axel, Ellegård, Lina Maria, Andreea Enache and Strömberg, Klara
19374: Urban roadway in America: the amount, extent, and value Downloads
Erick Guerra, Gilles Duranton and Xinyu Ma
19373: Broken Relationships: De-Risking by Correspondent Banks and International Trade Downloads
Lea Borchert, Ralph De Haas, Karolin Kirschenmann and Alison Schultz
19372: Industrial policy in the shadow of conflict: lessons from the past Downloads
Morgan Kelly and Kevin O'Rourke
19371: The Economic Impact of Internet Connectivity in Developing Countries Downloads
Jonas Hjort and Lin Tian
19370: Housing-Consumption Channel of Mortgage Demand Downloads
Gabriel Ahlfeldt, Nikodem Szumilo and Jagdish Tripathy
19369: From Products to Capabilities: Constructing a Genotypic Product Space Downloads
Ulrich Schetter, Dario Diodato, Eric Protzer, Frank Neffke and Ricardo Hausmann
19368: Japan’s Economic Puzzle Downloads
Dany Bahar, Guillermo Arcay, Jesus Daboin Pacheco and Ricardo Hausmann
19367: CBDCs, Payment Firms, and Geopolitics Downloads
Tobias Berg, Jan Keil, Felix Martini and Manju Puri
19366: Fallow Lengths and the Structure of Property Rights Downloads
Etienne Le Rossignol, Sara Lowes and Eduardo Montero
19365: Do Contract Remedies Affect Efficient Renegotiation? An Experiment Downloads
Maria Bigoni, Stefania Bortolotti, Francesco Parisi and Xin Zhang
19364: The Retail Execution Quality Landscape Downloads
Anne Haubo Dyhrberg, Andriy Shkilko and Ingrid Werner
19363: Trading Fees and Intermarket Competition Downloads
Barbara Rindi, Marios Panayides and Ingrid Werner
19362: Beyond Reverse Splits: How Do Fallen Angels Restructure? Downloads
Abed El Karim Farroukh, Jennifer Koski and Ingrid Werner
19361: Monetary Policy and Fragility in Corporate Bond Mutual Funds Downloads
John Chi-Fong Kuong, James O'Donovan and Jinyuan Zhang
19360: Did I make myself clear? The Fed and the market in the post-2020 framework period Downloads
Anna Cieslak, Michael McMahon and Hao Pang
19359: Platform-enabled information disclosure Downloads
Jacopo Gambato and Martin Peitz
19358: Why DeFi lending? Evidence from Aave V2 Downloads
Giulio Cornelli, Leonardo Gambacorta, Rodney Garratt and Alessio Reghezza
19357: Industrial Composition of Syndicated Loans and Banks' Climate Commitments Downloads
Galina Hale, Brigid Meisenbacher and Fernanda Nechio
19356: Graduation Downloads
Anton Heil, Munshi Sulaiman, Oriana Bandiera and Robin Burgess
19355: The Lifecycle of Protests in the Digital Age Downloads
Pierre Boyer, Germain Gauthier, Yves Le Yaouanq, Vincent Rollet and Benoit Schmutz
19354: The Fiscal Contract up Close: Experimental Evidence from Mexico City Downloads
Anne Brockmeyer, Francisco Garfias and Suárez Serrato, Juan Carlos
19353: How Do We Age? A Decomposition of Gompertz Law Downloads
Casper Hansen and Holger Strulik
19352: Geoeconomic Fragmentation and “Connector†Countries Downloads
Shekhar Aiyar and Franziska Ohnsorge
19351: Young, Educated, Unemployed Downloads
Sena Coskun
19350: Climate Policies and External Adjustment Downloads
Rudolfs Bems, Luciana Juvenal, Weifeng Larry Liu and Warwick Mckibbin
19349: Carbon VIX: Carbon Price Uncertainty and Decarbonization Investments Downloads
Maximilian Fuchs, Ströbel, Johannes and Julian Terstegge
19348: Pace of adoption of alternatives to animal-source foods and climate goals Downloads
Galina Hale, Vlad Onescu and Ritesh Bhangale
19347: Climate Disasters and Exchange Rates: Are Beliefs Keeping up with Climate Change? Downloads
Galina Hale
19346: At the Threshold: The Increasing Relevance of the Middle-Income Trap Downloads
Patrick Imam and Jonathan Temple
19345: Intergenerational Impacts of Secondary Education: Experimental Evidence from Ghana Downloads
Esther Duflo, Pascaline Dupas, Elizabeth Spelke and Mark Walsh
19344: The Impact of Secondary School Subsidies on Career Trajectories in a Dual Labor Market: Experimental Evidence from Ghana Downloads
Esther Duflo, Pascaline Dupas and Michael Kremer
19343: Training Time, Robots and Technological Unemployment Downloads
Fenicia Cossu, Alessio Moro and Michelle Rendall
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