C.E.P.R. Discussion Papers
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2003
- 4136 Spatial Inequality in Education and Health Care in China
by Kanbur, Ravi & Zhang, Xiaobo - 4135 The Learning Cost of Interest Rate Reversals
by Ellison, Martin - 4134 Mark-ups, Gaps and the Welfare Costs of Business Fluctuations
by Galí, Jordi & Gertler, Mark & Lopez-Salido, Jose David - 4133 Opening the Black Box: Structural Factor Models versus Structural VARs
by Forni, Mario & Lippi, Marco & Reichlin, Lucrezia - 4132 Credit Risk and Dynamic Capital Structure Choice
by Dangl, Thomas & Zechner, Josef - 4131 Escalating Penalties for Repeat Offenders
by Emons, Winand - 4130 High-Tech Clusters, Technology Spillovers and Trade Secret Laws
by Fosfuri, Andrea & Rønde, Thomas - 4129 Globalization and the Empowerment of Talent
by Marin, Dalia & Verdier, Thierry - 4128 Rhetoric in Economic Research: The Case of Gender Wage Differentials
by Weichselbaumer, Doris & Winter-Ebmer, Rudolf - 4127 A Meta-Analysis of the International Gender Wage Gap
by Weichselbaumer, Doris & Winter-Ebmer, Rudolf - 4126 Performance of Inflation Targeting Based on Constant Interest Rate Projections
by Honkapohja, Seppo & Mitra, Kaushik - 4125 Information Variables for Monetary Policy in a Small Structural Model of the Euro Area
by Lippi, Francesco & Neri, Stefano - 4124 The Dynamics of Repeat Migration: A Markov Chain Analysis
by Constant, Amelie & Zimmermann, Klaus F - 4123 A Strategic Interpretation of Legal Transplants
by Garoupa, Nuno & Ogus, Anthony - 4122 Monetary Union with Voluntary Participation
by Fuchs, William & Lippi, Francesco - 4121 Exchange Rate Policy and Endogenous Price Flexibility
by Devereux, Michael B - 4120 Nonparametric Estimation of a Dependent Competing Risks Model for Unemployment Durations
by van den Berg, Gerard J & van Lomwel, A Gijsbert C & van Ours, Jan C - 4119 Is Economic Activity in the G7 Synchronized? Common Shocks versus Spillover Effects
by Monfort, Alain & Renne, Jean-Paul & Rüffer, Rasmus & Vitale, Giovanni - 4118 Explaining Differences in Hospital Performance: Does the Answer Lie in the Labour Market?
by Burgess, Simon & Gossage, Denise & Propper, Carol - 4117 Three Models of Imperfect Transparency in Monetary Policy
by Demertzis, Maria & Hughes Hallett, Andrew - 4116 Information Sharing and Cumulative Innovation in Business Networks
by Saint-Paul, Gilles - 4115 Good Jobs, Bad Jobs and Redistribution
by Lommerud, Kjell Erik & Sandvik, B. & Straume, Odd Rune - 4114 Monetary Policy Rules, Asset Prices and Exchange Rates
by Chadha, Jagjit S & Sarno, Lucio & Valente, Giorgio - 4113 A Note on Optimal Law Enforcement with Legal Aid
by Garoupa, Nuno & Stephen, Frank - 4112 Endogeneity of Currency Areas and Trade Blocs: Evidence from the Inter-war Period
by Ritschl, Albrecht & Wolf, Nikolaus - 4111 Optimal Monetary Policy Under Commitment with a Zero Bound on Nominal Interest Rates
by Adam, Klaus & Billi, Roberto M - 4110 Trading Market Access for Competition Policy Enforcement
by Hoekman, Bernard & Saggi, Kamal - 4109 Government Procurement: Market Access, Transparency, and Multilateral Trade Rules
by Evenett, Simon J & Hoekman, Bernard - 4108 The Dynamics of the Colombian Civil Conflict: A New Data Set
by Restrepo, Jorge & Spagat, Michael & Vargas, Juan F - 4107 Subsidies to Poor Regions and Inequalities: Some Unpleasant Arithmetic
by Dupont, Vincent & Martin, Philippe - 4106 Identifying the Monetary Transmission Mechanism Using Structural Breaks
by Beyer, Andreas & Farmer, Roger E A - 4105 Underpricing in Discriminatory and Uniform-Price Treasury Auctions
by Goldreich, David - 4104 Duration Dependence in Stock Prices: An Analysis of Bull and Bear Markets
by Lunde, Asger & Timmermann, Allan G - 4103 Monotone Equilibria in Bayesian Games of Strategic Complementarities
by Van Zandt, Timothy & Vives, Xavier - 4102 The European Phillips Curve: Does the NAIRU Exist?
by Karanassou, Marika & Sala, Hector & Snower, Dennis J. - 4101 On the Indeterminacy of Determinacy and Indeterminacy
by Beyer, Andreas & Farmer, Roger E A - 4100 Growth Strategies
by Rodrik, Dani - 4099 Technology Transfer and Spillovers in International Joint Ventures
by Müller, Thomas & Schnitzer, Monika - 4098 Understanding the Recovery Rates on Defaulted Securities
by Acharya, Viral V & Bharath, Sreedhar T & Srinivasan, Anand - 4097 Taxation and Venture Capital-Backed Entrepreneurship
by Keuschnigg, Christian & Nielsen, Soren Bo - 4096 The Demand for Coordination
by Dessein, Wouter & Santos, Jesus - 4095 On Footloose Industries, Asymmetric Information and Wage Bargaining
by Chau, Nancy H & Kanbur, Ravi - 4094 On-the-Job Search in a Matching Model with Heterogeneous Jobs and Workers
by Dolado, Juan J. & Jansen, Marcel & Jimeno, Juan Francisco - 4093 Does the Separation of Regulatory Powers Reduce the Threat of Capture? Evidence from the US Maritime Bureaucracy
by Marín Uribe, Pedro Luis & Sicotte, Richard - 4092 Late Informed Betting and the Favourite-Longshot Bias
by Ottaviani, Marco & Sorensen, Peter Norman - 4091 Does Anonymity Matter in Electronic Limit Order Markets?
by Foucault, Thierry & Moinas, Sophie & Theissen, Erik - 4090 The Impact of R&D Subsidies on the Introduction of New Products by Incumbent Firms
by Siebert, Ralph - 4089 Credible Vertical Preemption
by Siebert, Ralph - 4088 Measuring Heterogeneity in the Returns to Education in Norway Using Educational Reforms
by Aakvik, Arild & Salvanes, Kjell G & Vaage, Kjell - 4087 What Caused the Early Millennium Slowdown? Evidence Based on Vector Autoregressions
by Peersman, Gert - 4086 Media Capture and Wealth Concentration
by Corneo, Giacomo - 4085 Knowledge Diffusion, Supplier's Technological Effort and Technology Transfer via Vertical Relationships
by Goh, Ai Ting - 4084 Does Binding of Feedback Influence Myopic Loss Aversion? An Experimental Analysis
by Langer, Thomas & Weber, Martin - 4083 Poole in the New Keynesian Model
by Collard, Fabrice & Dellas, Harris - 4082 The Case for Inflation Stability
by Collard, Fabrice & Dellas, Harris - 4081 An Experimental Study of Storable Votes
by Casella, Alessandra & Gelman, Andrew & Palfrey, Thomas R - 4080 Auctions with Private Entry Costs
by Kaplan, Todd & Sela, Aner - 4079 Unionization Structures and Innovation Incentives
by Haucap, Justus & Wey, Christian - 4078 Location of R&D and High-Tech Production by Vertically-Integrated Multinationals
by Ekholm, Karolina & Hakkala, Katariina - 4077 Market Access for Sale: Latin America's Lobbying for US Tariff Preferences
by Kee, Hiau Looi & Olarreaga, Marcelo & Silva, Peri - 4076 The Informational Role of the Business Cycle
by Dellas, Harris - 4075 Incentive Contracts and Elections for Politicians with Multi-Task Problems
by Gersbach, Hans & Liessem, Verena - 4074 The Impact of Length of the School Year on Student Performance and Earnings: Evidence from the German Short School Years
by Pischke, Jörn-Steffen - 4073 A Quantitative Exploration of the Opportunistic Approach to Disinflation
by Aksoy, Yunus & Orphanides, Athanasios & Small, David & Wieland, Volker & Wilcox, David - 4072 Optimal Information Management: Organizations versus Markets
by Castanheira, Micael & Leppämäki, Mikko - 4071 EU Conciliation Committee: Council 56 versus Parliament 6
by Napel, Stefan & Widgrén, Mika - 4070 Microeconomic Sources of Equity Risk
by Wickens, Michael R - 4069 Competitive Non-Linear Pricing in Duopoly Equilibrium: The Early US Cellular Telephone Industry
by Miravete, Eugenio J & Röller, Lars-Hendrik - 4068 Is There Evidence of Pessimism and Doubt in Subjective Distributions? A Comment on Abel
by Giordani, Paolo & Söderlind, Paul - 4067 C-CAPM and the Cross-Section of Sharpe Ratios
by Söderlind, Paul - 4066 Who Integrates?
by Bühler, Stefan & Schmutzler, Armin - 4065 Inter-regional and International Trade: Seventy Years After Ohlin
by Behrens, Kristian & Gaigné, Carl & Ottaviano, Gianmarco Ireo Paolo & Thisse, Jacques-François - 4064 Fertility and Financial Incentives in France
by Laroque, Guy & Salanié, Bernard - 4063 Welfare Implications of User Innovation
by Henkel, Joachim & von Hippel, Eric - 4062 Microfoundations of Urban Agglomeration Economies
by Duranton, Gilles & Puga, Diego - 4061 Immigration and Inter-Regional Mobility in the UK, 1982-2000
by Hatton, Timothy J. & Tani, Massimiliano - 4060 International Good Market Segmentation and Financial Market Structure
by Basak, Suleyman & Croitoru, Benjamin - 4059 Kleptocracy and Divide-and-Rule: A Model of Personal Rule
by Acemoglu, Daron & Robinson, James A & Verdier, Thierry - 4058 Efficiency Wages and Unemployment in Cities: The Case of High Relocation Costs
by Zenou, Yves - 4057 Corruption and Openness
by Neeman, Zvika & Paserman, Marco Daniele & Simhon, Avi - 4056 Ownership and Control in Joint Ventures: Theory and Evidence
by Hauswald, Robert & Hege, Ulrich - 4055 On the Causes of Overlending: Are Guarantees on Deposits the Culprit?
by Giannetti, Mariassunta - 4054 An Economic Model of Child Custody
by Francesconi, Marco & Muthoo, Abhinay - 4053 Taxing Risky Investment
by Devereux, Michael P - 4052 Immigrating to Opportunity: Estimating the Effect of School Quality Using a Natural Experiment on Ethiopians in Israel
by Gould, Eric D & Lavy, Victor & Paserman, Marco Daniele - 4051 Takeovers and the Dynamics of Information Flows
by Chemla, Gilles - 4050 Mixed Signals in Defending the Exchange Rate: What do the Data Say?
by Drazen, Allan & Hubrich, Stefan - 4049 Where Does the Political Budget Cycle Really Come From?
by Brender, Adi & Drazen, Allan - 4048 Communication Externalities in Cities
by Charlot, Sylvie & Duranton, Gilles - 4047 Durable Goods with Quality Differentiation
by Inderst, Roman - 4046 The Labour Market Effects of Payroll Taxes in a Middle-Income Country: Evidence from Colombia
by Kugler, Adriana D. & Kugler, Maurice - 4045 The Changing Distribution of Male and Female Wages, 1978-2000: Can the Simple Skills Story be Rejected?
by Gosling, Amanda - 4044 Democratic Public Good Provision
by Hassler, John & Storesletten, Kjetil & Zilibotti, Fabrizio - 4043 Structural Reforms and the Macroeconomy: The Role of General Equilibrium Effects
by Gersbach, Hans - 4041 Distance and FDI When Contracts are Incomplete
by Ottaviano, Gianmarco Ireo Paolo & Turrini, Alessandro Antonio - 4040 National versus International Mergers in Unionised Oligopoly
by Lommerud, Kjell Erik & Sørgard, Lars & Straume, Odd Rune - 4039 Inside-Outside Money Competition
by Marimon, Ramon & Nicolini, Juan Pablo & Teles, Pedro - 4038 Relative Performance Evaluation Contracts and Asset Market Equilibrium
by Kapur, Sandeep & Timmermann, Allan G - 4037 Properties of Optimal Forecasts
by Patton, Andrew J & Timmermann, Allan G - 4036 Responsive Pricing
by Courty, Pascal & Pagliero, Mario - 4035 Dynamic Yardstick Regulation
by Faure-Grimaud, Antoine & Reiche, Sönje Kerrin - 4034 Trading Volume with Career Concerns
by Dasgupta, Amil & Prat, Andrea - 4033 Panel Index VAR Models: Specification, Estimation, Testing and Leading Indicators
by Canova, Fabio & Ciccarelli, Matteo - 4032 Trade Liberalization and Developing Countries Under the Doha Round
by Francois, Joseph & van Meijl, Hans & van Tongeren, Frank - 4030 Why Do Emerging Economies Borrow in Foreign Currency?
by Jeanne, Olivier - 4029 Urban Labour Economic Theory
by Zenou, Yves - 4028 The Spatial Aspects of Crime
by Zenou, Yves - 4027 Financial Integration: A New Methodology and an Illustration
by Flood, Robert P & Rose, Andrew K - 4026 Competition and Quality: Evidence from the NHS Internal Market 1991-9
by Burgess, Simon & Gossage, Denise & Propper, Carol - 4025 Uncertainty and Company Investment Dynamics: Empirical Evidence for UK Firms
by Bloom, Nicholas & Bond, Stephen Roy & Van Reenen, John - 4024 Institutional Subversion: Evidence from Russian Regions
by Slinko, Irina & Yakovlev, Evgeny & Zhuravskaya, Ekaterina - 4023 Trade Reforms and Wage Inequality in Colombia
by Attanasio, Orazio & Goldberg, Pinelopi & Pavcnik, Nina - 4022 Real-Time Hierarchical Resource Allocation with Quadratic Costs
by Van Zandt, Timothy - 4021 Heterogeneity in R&D Cooperation Strategies
by Belderbos, Rene & Carree, Martin A & Diederen, Bert & Lokshin, Boris & Veugelers, Reinhilde - 4020 Mark-Up Fluctuations and Fiscal Policy Stabilization in a Monetary Union
by Beetsma, Roel & Jensen, Henrik - 4019 Explaining Trends in UK Immigration
by Hatton, Timothy J. - 4018 Heckscher-Ohlin Theory and Individual Attitudes Towards Globalization
by O'Rourke, Kevin H - 4017 Investor Protection and Equity-Holdings: An Explanation of Two Puzzles?
by Giannetti, Mariassunta & Koskinen, Yrjö - 4016 The Optimal Capital Structure of an Economy
by Gersbach, Hans - 4015 The Effects of Competition and Equal Treatment Laws on the Gender Wage Differential
by Weichselbaumer, Doris & Winter-Ebmer, Rudolf - 4014 The Transmission Mechanism in a Changing World
by Artis, Michael J & Galvão, Ana Beatriz C & Marcellino, Massimiliano - 4012 Monetary Policy Rules in an Interdependent World
by Kollmann, Robert - 4011 Employment, Family Union and Childbearing Decisions in Great Britain
by Aassve, Arnstein & Burgess, Simon & Dickson, Matt & Propper, Carol - 4010 Incentives in the Public Sector: Some Preliminary Evidence from a UK Government Agency
by Burgess, Simon & Propper, Carol & Ratto, Marisa & Tominey, Emma - 4009 Auctions with Weakly Assymmetric Interdependent Values
by Fibich, Gadi & Gavious, Arieh & Sela, Aner - 4008 The Macroeconomics of Delegated Management
by Danthine, Jean-Pierre & Donaldson, John B - 4007 Government Gains from Self-Restraint: A Bargaining Theory of Inefficient Redistribution Policies
by Drazen, Allan & Limão, Nuno - 4006 Dynamic Optimal Taxation with Private Information
by Albanesi, Stefania & Sleet, Christopher - 4005 Precautionary Saving and Consumption Smoothing Across Time and Possibilities
by Kimball, Miles S & Weil, Philippe - 4004 Foreign Aid Designed to Diminish Terrorist Atrocities can Increase Them
by Mandler, Michael & Spagat, Michael - 4003 Unilingual versus Bilingual Education System: A Political Economy Analysis
by Ortega, Javier & Tangeraas, Thomas - 4002 Stock Prices and IPO Waves
by Pástor, Luboš & Veronesi, Pietro - 4001 Two Naked Emperors? Concerns about the Stability and Growth Pact and Second Thoughts About Central Bank Independence
by Buiter, Willem H - 3999 The Spatial Distribution of Economic Activities in the EU
by Combes, Pierre-Philippe & Overman, Henry G. - 3998 Cross-Border Acquisitions and Greenfield Entry: Profitability and Stock Market Value
by Norbäck, Pehr-Johan & Persson, Lars - 3997 Model Uncertainty, Thick Modelling and the Predictability of Stock Returns
by Aiolfi, Marco & Favero, Carlo A - 3996 Credit, Wages and Bankruptcy Laws
by Biais, Bruno & Mariotti, Thomas - 3995 International Product Market Integration, Rents and Wage Formation
by Andersen, Torben M & Sorensen, Allan - 3994 Disruptive Technologies and the Emergence of Competition
by Adner, Ron & Zemsky, Peter - 3993 Does Education Raise Productivity or Just Reflect It?
by Chevalier, Arnaud & Harmon, Colm & Walker, Ian & Zhu, Yu - 3992 The Proper Scope of Governments When Costs are Contractible
by Dalen, Dag Morten & Moen, Espen R - 3990 Protecting Against Labour Market Risk: Employment Protection or Unemployment Benefits?
by Boeri, Tito & Conde-Ruiz, José Ignacio & Galasso, Vincenzo - 3989 Domestic Labour Markets and Foreign Direct Investment
by Haaland, Jan I. & Wooton, Ian - 3988 Market Definition in the Telecoms Industry
by Gual, Jordi - 3987 Price Discovery in Fragmented Markets
by de Jong, Frank & Schotman, Peter C - 3986 Equilibrium Search Unemployment, Endogenous Participation and Labour Market Flows
by Garibaldi, Pietro & Wasmer, Etienne - 3985 The Empirics of Agglomeration and Trade
by Head, Charles Keith & Mayer, Thierry - 3984 Why Does FDI Go Where it Goes? New Evidence from the Transitional Economies
by Campos, Nauro F & Kinoshita, Yuko - 3983 Monetary Fundamentals and Exchange Rate Dynamics under Different Nominal Regimes
by Sarno, Lucio & Valente, Giorgio & Wohar, Mark E - 3982 Cultural Diversity, Status Concerns and the Organization of Work
by Fershtman, Chaim & Hvide, Hans K & Weiss, Yoram - 3981 Business Cycles, the Current Account and Administered Protection in Mexico
by Francois, Joseph & Niels, Gunnar - 3979 The Effect of Search Frictions on Wages
by van den Berg, Gerard J & van Vuuren, Aico - 3978 Measuring Labour Market Frictions: A Cross-Country Comparison
by Ridder, Geert & van den Berg, Gerard J - 3977 Multiple Equilibria and Minimum Wages in Labour Markets with Informational Frictions and Heterogenous Production Technologies
by van den Berg, Gerard J - 3976 Endogenous Contracts Under Bargaining in Competing Vertical Chains
by Milliou, Chrysovalantou & Petrakis, Emmanuel & Vettas, Nikolaos - 3975 Precautionary Bidding in Auctions
by Esö, Péter & White, Lucy - 3974 Innovations, Patent Races and Endogenous Growth
by Zeira, Joseph - 3973 Provincial Protectionism
by Sonin, Konstantin - 3972 Red Tape and Corruption
by Guriev, Sergei - 3971 Financial Contracting with Optimistic Entrepreneurs: Theory and Evidence
by Landier, Augustin & Thesmar, David - 3970 It's All About Connections: Evidence on Network Formation
by Falk, Armin & Kosfeld, Michael - 3969 Coagglomeration and Growth
by Barrios, Salvador & Bertinelli, Luisito & Strobl, Eric - 3968 Mismatch, Transport Mode and Search Decisions in England
by Patacchini, Eleonora & Zenou, Yves - 3967 Density, Social Networks and Job Search Methods: Theory and Application to Egypt
by Wahba, Jackline & Zenou, Yves - 3966 Social Networks and Crime Decisions: The Role of Social Structure in Facilitating Delinquent Behaviour
by Calvó-Armengol, Antoni & Zenou, Yves - 3965 Identification and Estimation of Dynamic Games
by Pesendorfer, Martin & Schmidt-Dengler, Philipp - 3964 Tender Offers and Leverage
by Mueller, Holger M & Panunzi, Fausto - 3963 The Transmission of US Shocks to Latin America
by Canova, Fabio - 3962 Adaptive Learning and Monetary Policy Design
by Evans, George W & Honkapohja, Seppo - 3961 Executive Compensation as an Agency Problem
by Bebchuk, Lucian Arye & Fried, Jesse - 3960 Agglomeration and Regional Growth
by Baldwin, Richard & Martin, Philippe - 3959 Product Choice and Product Switching
by Bernard, Andrew & Redding, Stephen J & Schott, Peter - 3958 Core-Periphery Patterns of Generalized Transport Costs: France, 1978-98
by Combes, Pierre-Philippe & Lafourcade, Miren - 3957 Estimating the Probability of Leaving Unemployment Using Uncompleted Spells from Repeated Cross-Section Data
by Güell, Maia & Hu, Luojia - 3956 The Macroeconomics of Shareholder Pressure
by Thesmar, David - 3955 Pension Fund Governance and the Choice Between Defined Benefit and Defined Contribution Plans
by Besley, Timothy J. & Prat, Andrea - 3954 The Manufacturer's Suggested Retail Price
by Rosenkranz, Stephanie - 3953 Informative Advertising and Product Differentiation
by Christou, Charalambos & Vettas, Nikolaos - 3952 Foreign Ownership and Corporate Income Taxation: An Empirical Evaluation
by Huizinga, Harry & Nicodeme, Gaetan - 3951 R&D Cooperation Between Firms and Universities: Some Empirical Evidence from Belgian Manufacturing
by Cassiman, Bruno & Veugelers, Reinhilde - 3950 Aging Population and Education Finance
by Gradstein, Mark & Kaganovich, Michael - 3949 Recursive Preferences and Balanced Growth
by Farmer, Roger E A & Lahiri, Amartya - 3948 Careerist Judges
by Levy, Gilat - 3947 It Takes Two: An Explanation of the Democratic Peace
by Levy, Gilat & Razin, Ronny - 3946 Does 'Non-Committed' Government Always Generate Lower Social Welfare then its 'Committed' Counter-Part
by Zigic, Kresimir - 3945 Bureaucracy as a Mechanism to Generate Information
by Novaes, Walter & Zingales, Luigi - 3944 Accession to the WTO and EU Enlargement: What Potential for Trade Increase?
by Koukhartchouk, Oxana & Maurel, Mathilde - 3943 Efficient Pricing of Large Value Interbank Payment Systems
by Holthausen, Cornelia & Rochet, Jean Charles - 3942 Foreclosure with Incomplete Information
by White, Lucy - 3941 Overconfidence and Trading Volume
by Glaser, Markus & Weber, Martin - 3940 A Product Market Theory of Worker Training
by Gersbach, Hans & Schmutzler, Armin - 3939 Government Finance in the Wake of Currency Crises
by Burnside, A Craig & Eichenbaum, Martin & Rebelo, Sérgio - 3938 Understanding the Opportunistic Approach to Disinflation
by Minford, Patrick & Srinivasan, Naveen - 3937 Francs or Ranks? Earnings Mobility in France, 1967-1999
by Buchinsky, Mosche & Fields, Gary S & Fougère, Denis & Kramarz, Francis - 3936 Wages and International Trade
by Kramarz, Francis - 3935 Surviving a Standards War: Lessons Learned from the Life and Death of DIVX
by Dranove, David & Gandal, Neil - 3934 Taylor Rules and the Predictability of Interest Rates
by Söderlind, Paul & Söderström, Ulf & Vredin, Anders - 3933 Fiscal Policy and Monetary Integration in Europe
by Galí, Jordi & Perotti, Roberto - 3932 Globalization and Dirty Industries: Do Pollution Havens Matter?
by de Melo, Jaime & Grether, Jean-Marie - 3931 How Binding are Legal Limits? Transitions from Temporary to Permanent Work in Spain
by Güell, Maia & Petrongolo, Barbara