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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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9580: The Natural Rate Hypothesis: An idea past its sell-by-date Downloads
Roger Farmer
9579: Tariffs, Trade and Productivity: A Quantitative Evaluation of Heterogeneous Firm Models Downloads
Cuñat, Alejandro and Holger Breinlich
9578: Group Lending Without Joint Liability Downloads
Maitreesh Ghatak, Thiemo Fetzer and Jonathan de Quidt
9577: The Greek Debt Restructuring: An Autopsy Downloads
Jeromin Zettelmeyer, Christoph Trebesch and Mitu Gulati
9576: Do DSGE Models Forecast More Accurately Out-of-Sample than VAR Models? Downloads
Barbara Rossi, Gürkaynak, Refet and Kısacıkoğlu, Burçin
9575: Exchange Rate Predictability Downloads
Barbara Rossi
9574: The effect of firms' partial retirement policies on the labour market outcomes of their employees Downloads
Michael Lechner, Conny Wunsch and Martin Huber
9573: From Green Users to Green Voters Downloads
Diego Comin and Johannes Rode
9572: Are Product Spreads Useful for Forecasting? An Empirical Evaluation of the Verleger Hypothesis Downloads
Lutz Kilian, Christiane Baumeister and Xiaoqing Zhou
9571: Building Reputation for Contract Renewal: Implications for Performance Dynamics and Contract Duration Downloads
Patrick Rey and Elisabetta Iossa
9570: Nonparametric Predictive Regression Downloads
Elena Andreou, Ioannis Kasparis and Peter Phillips
9569: Forecasting the Real Price of Oil in a Changing World: A Forecast Combination Approach Downloads
Lutz Kilian and Christiane Baumeister
9568: Regional Growth and Regional Decline Downloads
Gianmarco Ottaviano, Jonathan Temple and Holger Breinlich
9566: External Adjustment, Global Imbalances and Valuation Effects Downloads
Helene Rey and Pierre-Olivier Gourinchas
9565: The Effect of College Employment on Graduation: Evidence from France Downloads
Fougère, Denis, Magali Beffy and Arnaud Maurel
9564: What are we learning from business training and entrepreneurship evaluations around the developing world? Downloads
Christopher Woodruff and David McKenzie
9563: On Keeping Your Powder Dry: Fiscal Foundations of Financial and Price Stability Downloads
Maurice Obstfeld
9562: Credibility For Sale Downloads
Harris Dellas and ,
9561: Social Protection, Poverty and the Post-2015 Agenda Downloads
Ravi Kanbur, Ruslan Yemtsov and Ariel Fiszbein
9560: Herding cats? Management and university performance Downloads
Carol Propper, Sarah Smith and John McCormack
9559: Contracting With Synergies Downloads
Itay Goldstein, Alex Edmans and John Zhu
9558: Commodity and Equity Markets: Some Stylized Facts from a Copula Approach Downloads
Claude Lopez and Anne-Laure Delatte
9557: Does economic globalization a ffect regional inequality? A cross-country analysis Downloads
Rodríguez-Pose, Andrés and Roberto Ezcurra
9556: Providing financial education: a general equilibrium approach Downloads
Mario Padula and Yuri Pettinicchi
9555: Food Price Spikes, Price Insulation, and Poverty Downloads
Kym Anderson, Will Martin and Maros Ivanic
9554: The Time WTO Panels Require to Issue Reports Downloads
Henrik Horn
9553: Competing for Consumer Inattention Downloads
Kfir Eliaz, Geoffroy de Clippel and Kareen Rozen
9552: Hidden Action or Hidden Information? How Information Gathering Shapes Contract Design Downloads
David Martimort and Elisabetta Iossa
9551: Recoveries Downloads
Fatás, Antonio and Ilian Mihov
9550: Firm Entry Deregulation, Competition and Returns to Education and Skill Downloads
L. Winters, Ana Fernandes and Priscila Ferreira
9549: Volatility Risk Premia and Exchange Rate Predictability Downloads
Lucio Sarno and Pasquale Della Corte
9548: Trust, Growth and Well-Being: New Evidence and Policy Implications Downloads
Pierre Cahuc and Yann Algan
9547: Men Vote in Mars, Women Vote in Venus: A Survey Experiment in the Field Downloads
Vincenzo Galasso and Tommaso Nannicini
9546: Supranational Supervision - How Much and for Whom? Downloads
Wolf Wagner and Thorsten Beck
9545: Exclusive contracts and market dominance Downloads
Giacomo Calzolari and Vincenzo Denicolo'
9544: Tailored Bayesian Mechanisms: Experimental Evidence from Two-Stage Voting Games Downloads
Grüner, Hans Peter and Dirk Engelmann
9543: Accomplice-Witness and Organized Crime: Theory and Evidence from Italy Downloads
Patrick Rey, Giovanni Immordino, Salvatore Piccolo and Antonio Acconcia
9542: The Caloric Costs of Culture: Evidence from Indian Migrants Downloads
David Atkin
9541: Debt Crises and Risk Sharing: The Role of Markets versus Sovereigns Downloads
Sørensen, Bent E, Kalemli-Özcan, Sebnem and Emiliano Luttini
9540: Non-cognitive skill formation in poor neighbourhoods of urban India Downloads
Pramila Krishnan and Sonya Krutikova
9539: Neighbours and Extension Agents in Ethiopia: Who matters more for technology diffusion? Downloads
Pramila Krishnan and Manasa Patnam
9538: Eurozone Sovereign Yield Spreads and Diverging Economic Fundamentals Downloads
Alessandro Beber, Michael Brandt and Maurizio Luisi
9537: Liquidity and Inefficient Investment Downloads
Oliver Hart and Luigi Zingales
9536: Quantifying the Coordinated Effects of Partial Horizontal Acquisitions Downloads
Helder Vasconcelos, Duarte Brito and Ricardo Ribeiro
9535: Stock Liquidity and Corporate Cash Holdings Downloads
Kjell Nyborg and Zexi Wang
9534: Does quality affect patients? choice of doctor? Evidence from the UK Downloads
Hugh S Gravelle, Carol Propper and Rita Santos
9533: Corporate Social Responsibility and Firm Risk: Theory and Empirical Evidence Downloads
Koskinen, Yrjö, Rui Albuquerque and Chendi Zhang
9532: Noise Bubbles Downloads
Marco Lippi, Mario Forni, Luca Sala and Luca Gambetti
9531: The Value of Relationships: Evidence from a Supply Shock to Kenyan Rose Exports Downloads
Rocco Macchiavello and Ameet Morjaria
9530: Consumption, Income Changes and Heterogeneity: Evidence from Two Fiscal Stimulus Programmes Downloads
Paolo Surico and Kanishka Misra
9529: Cooperation in WTO's Tariff Waters Downloads
Marcelo Olarreaga, Alessandro Nicita and Peri Silva
9528: Economic Cycles and Expected Stock Returns Downloads
Alessandro Beber, Michael Brandt and Maurizio Luisi
9527: The origins of the German current account surplus: Unbalanced productivity growth and structural change Downloads
Wörgötter, Andreas, Fabrizio Coricelli and Farshad R Ravasan
9526: Dynamic Countervailing Power under Public and Private Monitoring Downloads
V Bhaskar
9525: Structural or Cyclical? Unemployment in Latvia Since the 2008-09 Financial Crisis Downloads
Alfred Vanags, Konstantin Sonin, Daria Anosova and Anna Zasova
9524: The Dynamic Properties of Financial-Market Equilibrium with Trading Fees Downloads
Bernard Dumas and Adrian Buss
9523: Complementary Roles of Connections and Performance in Political Selection in China Downloads
Masayuki Kudamatsu, Ruixue Jia and David Seim
9522: Organizations, Diffused Pivotality and Immoral Outcomes Downloads
Armin Falk and Nora Szech
9521: How the Euro Crisis Evolved and How to Avoid Another: EMU, Fiscal Policy and Credit Ratings Downloads
Michael Wickens and Vito Polito
9520: How Do Politicians Save? Buffer Stock Management of Unemployment Insurance Finance Downloads
Sørensen, Bent E, Steven Craig, Wided Hemissi and Satadru Mukherjee
9519: Informal or Formal Financing? Or Both? First Evidence on the Co-Funding of Chinese Firms Downloads
Hans Degryse, Steven Ongena and Liping Lu
9518: The Distortive Effects of Antitrust Fines Based on Revenue Downloads
Yannis Katsoulacos, Giancarlo Spagnolo and Vasiliki Bageri
9517: Man-bites-dog Business Cycles Downloads
Kristoffer Nimark
9516: Culture, Entrepreneurship, and Growth Downloads
Fabrizio Zilibotti and Matthias Doepke
9515: The truth, the whole truth, and nothing but the truth: the English Corn Returns as a data source in economic history, 1770-1914 Downloads
Edmund Cannon and Liam Brunt
9514: Centralization and Accountability: Theory and Evidence from the Clean Air Act Downloads
Giacomo Ponzetto, Federico Boffa and Amedeo Piolatto
9513: Who Chooses Which Private Education? Theory and International Evidence Downloads
Giuseppe Bertola and Daniele Checchi
9512: A Rating Agency for Europe ? A good idea? Downloads
Beatrice Weder di Mauro and Bernhard Bartels
9511: Aggregate Oligopoly Games with Entry Downloads
Simon Anderson, Daniel Piccinin and Nisvan Erkal
9510: Do Sellers Offer Menus of Contracts to Separate Buyer Types? An Experimental Test of Adverse Selection Theory Downloads
Patrick Schmitz and Eva Hoppe
9509: Exploitation, Altruism, and Social Welfare: An Economic Exploration Downloads
Matthias Doepke
9508: Reputational Contagion and Optimal Regulatory Forbearance Downloads
Alan Morrison and Lucy White
9507: Ethnic Unemployment Rates and Frictional Markets Downloads
Etienne Wasmer, Laurent Gobillon and Peter Rupert
9506: Win Some Lose Some? Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco Downloads
Manuela Angelucci, Jonathan Zinman and Dean Karlan
9505: Optimal Student Loans and Graduate Tax under Moral Hazard and Adverse Selection Downloads
Robert Gary-Bobo and Alain Trannoy
9504: Integration in the English wheat market 1770-1820 Downloads
Edmund Cannon and Liam Brunt
9503: Long-Run Price Elasticities of Demand for Credit: Evidence from a Countrywide Field Experiment in Mexico Downloads
Jonathan Zinman and Dean Karlan
9502: Financial Sector Reform After the Crisis: Has Anything Happened? Downloads
Isabel Schnabel, Beatrice Weder di Mauro and Schäfer, Alexander
9501: Adverse Selection and Moral Hazard in Anonymous Markets Downloads
Konrad Stahl, Tobias Klein and Christian Lambertz
9500: Do Multinationals Transplant their Business Model? Downloads
Dalia Marin, Thierry Verdier and Linda Rousová
9499: How to make the metropolitan area work? Neither big government, nor laissez-faire Downloads
Jacques Thisse, Gaigné, Carl and Stephane Riou
9498: CEO Pay and Firm Size: an Update after the Crisis Downloads
Xavier Gabaix, Augustin Landier and Julien Sauvagnat
9497: Finance and Poverty: Evidence from India Downloads
Thorsten Beck and Meghana Ayyagari
9496: Bite the Bullet: Trade Retaliation, EU Jurisprudence and the Law and Economics of ?Taking One for the Team? Downloads
Petros C. Mavroidis
9495: Firm Size Distortions and the Productivity Distribution: Evidence from France Downloads
John van Reenen, Luis Garicano and Claire Lelarge
9494: The Manipulation of Basel Risk-Weights Downloads
Ouarda Merrouche and Mike Mariathasan
9493: Capital Flows in the Euro Area Downloads
Philip Lane
9492: Why do governments default, and why don't they default more often? Downloads
Willem Buiter and Ebrahim Rahbari
9491: Mobile Phone Coverage and Producer Markets: Evidence from West Africa Downloads
Marcel Fafchamps and Jenny Aker
9490: Who Profits from Trade Facilitation Initiatives? Downloads
Ben Shepherd
9489: The Financial Resource Curse Downloads
Gianluca Benigno and Luca Fornaro
9488: Monetary Shocks with Observation and Menu Costs Downloads
Fernando Alvarez, Francesco Lippi and Luigi Paciello
9487: The Great Recession: A Self-Fulfilling Global Panic Downloads
Philippe Bacchetta and Eric van Wincoop
9486: The Supermodular Stochastic Ordering Downloads
Margaret Meyer and Bruno Strulovici
9485: Reading to young children: a head-start in life? Downloads
Jan C. van Ours and Guyonne Kalb
9484: Conditional Risk Premia in Currency Markets and Other Asset Classes Downloads
Martin Lettau, Matteo Maggiori and Michael Weber
9483: Family Ties Downloads
Alberto Alesina and Paola Giuliano
9482: Foreign Trade and Investment: Firm-Level Perspectives Downloads
Elhanan Helpman
9481: How would the design of an alternative minimum tax impact the effective corporate tax rate in Belgium? Downloads
Antonio Estache and Vincent Daxbek
9480: Will Sooner Be Better? The Impact of Early Preschool Enrollment on Cognitive and Noncognitive Achievement of Children Downloads
Fougère, Denis, Olivier Filatriau and Maxime Tã´
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