C.E.P.R. Discussion Papers
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1996
- 1319 Trade, Migration and Convergence: An Historical Perspective
by O'Rourke, Kevin H - 1318 Wage and Mobility Effects of Trade and Migration
by Zimmermann, Klaus F - 1317 Deepening of Regional Integration and Multilateral Trade Agreements
by Bond, Eric W & Syropoulos, Costas & Winters, L. Alan - 1316 Regionalism and the Rest of the World: The Irrelevance of the Kemp-Wan Theorem
by Winters, L. Alan - 1315 Models of Currency Crises with Self-fulfilling Features
by Obstfeld, Maurice - 1314 Hiring Risk and Labour Market Equilibrium
by Orszag, Mike & Zoega, Gylfi - 1312 The Bargaining Family Revisited
by Konrad, Kai A & Lommerud, Kjell Erik - 1311 Is the German Apprenticeship System a Panacea for the US Labour Market?
by Harhoff, Dietmar & Kane, Thomas J - 1310 Convergence in Monetary Inflation Models with Heterogeneous Learning Rules
by Evans, George W & Honkapohja, Seppo & Marimon, Ramon - 1307 Exchange Rate Premia and the Credibility of the Crawling Target Zone in Hungary
by Darvas, Zsolt - 1295 Endogenous Communication Among Lenders and Entrepreneurial Incentives
by Padilla, Atilano Jorge & Pagano, Marco - 1291 International Trade in Exhaustible Resources: A Cartel-Competitive Fringe Model
by Karp, Larry & Tahvonen, Olli - 1288 A Voting Power Analysis of Supranational and National Influence in the EU
by Widgrén, Mika - 1287 Is the Friedman Rule Optimal When Money is an Intermediate Good?
by Correia, Maria Isabel Horta & Teles, Pedro - 1286 Regional Convergence Clusters Across Europe
by Quah, Danny - 1282 Transitional Dynamics to Optimal Sustainable Growth
by Musu, Ignazio - 1271 International Migration Controls
by Myers, Gordon M & Papageogiou, Yorgos - 1256 Will East Germany Become a New Mezzogiorno?
by Boltho, Andrea & Carlin, Wendy & Scaramozzino, Pasquale
1995
- 1323 Restructuring Production and Work
by Lindbeck, Assar & Snower, Dennis J. - 1313 Forward Interest Rates as Indicators of Inflation Expectations
by Söderlind, Paul - 1309 Preferential Trading Arrangements and Industrial Location
by Puga, Diego & Venables, Anthony J. - 1308 Investment Creation and Investment Diversion: Simulation Analysis of the Single Market Programme
by Baldwin, Richard & Forslid, Rikard & Haaland, Jan I. - 1306 Product Differentiation in the Presence of Positive and Negative Network Effects
by Navon, Ami & Shy, Oz & Thisse, Jacques-François - 1305 Trade Strategy, Investment and Exports: Another Look at East Asia
by Rodrik, Dani - 1304 Commodity Tax Harmonization with Public Goods - An Alternative Perspective
by Lockwood, Ben - 1303 Designing Fiscal and Monetary Institutions for a European Monetary Union
by Beetsma, Roel & Bovenberg, A Lans - 1302 Active Labour Market Policies, Job Matching and the Czech Miracle
by Boeri, Tito & Burda, Michael C - 1301 Trade Liberalization and Enterprise Restructuring in Bulgaria, 1992-4
by Djankov, Simeon & Hoekman, Bernard - 1300 Catching Up With Eastern Europe? The European Union's Mediterranean Free Trade Initiative
by Djankov, Simeon & Hoekman, Bernard - 1299 Does Monetary Unification Lead to Excessive Debt Accumulation?
by Beetsma, Roel & Bovenberg, A Lans - 1298 Labour Market Institutions and the Cohesion of the Middle Class
by Saint-Paul, Gilles - 1297 Reciprocity and Inflation in Federal Monetary Unions
by von Hagen, Jürgen - 1296 East Germany: The Economics of Kinship
by von Hagen, Jürgen - 1294 Is Regionalism Simply a Diversion? Evidence from the Evolution of the EC and EFTA
by Bayoumi, Tamim & Eichengreen, Barry - 1293 Excess Entry, Vertical Integration and Welfare
by Kühn, Kai-Uwe & Vives, Xavier - 1292 The Geography of Multi-Speed Europe
by Martin, Philippe & Ottaviano, Gianmarco Ireo Paolo - 1290 Optimum Electoral Areas
by Sapir, André & Sekkat, M. Khalid - 1289 Explaining Consumption: A Simple Test of Alternative Hypotheses
by Bayoumi, Tamim - 1285 Dynamic Common Factors in Large Cross-Sections
by Forni, Mario & Reichlin, Lucrezia - 1284 Non-Keynesian Effects of Fiscal Policy Changes: International Evidence and the Swedish Experience
by Giavazzi, Francesco & Pagano, Marco - 1283 Death, Tetanus and Aerobics: The Evaluation of Disease-Specific Health Interventions
by Holmes, Jessica & Philipson, Tomas & Sala-i-Martin, Xavier & Tahvonen, Olli - 1281 Long-Term Growth and Short-Term Economic Instability
by Martin, Philippe & Rogers, Carol Ann - 1280 International Business Cycles and the Dynamics of the Current Account
by Elliott, Graham & Fatás, Antonio - 1279 Skill Demand and Factor Substitution
by Shadman-Mehta, Fatemeh & Sneessens, Henri R. - 1278 A Theory of the Welfare State
by Sinn, Hans-Werner - 1277 Do Consumers Search for the Highest Price? Equilibrium and Monopolistic Optimum in Differentiated Products Markets
by Schulz, Norbert & Stahl, Konrad O. - 1276 Innovation, 'Bank' Monitoring and Endogenous Financial Development
by de la Fuente, Angel & Marín Vigueras, José Maria - 1275 The Empirics of Growth and Convergence: A Selective Review
by de la Fuente, Angel - 1274 Catch-up, Growth and Convergence in the OECD
by de la Fuente, Angel - 1273 Ownership and Corporate Control in Poland: Why State Firms Defied the Odds
by Pinto, Brian & van Wijnbergen, Sweder - 1272 Reciprocal Anti-Dumping and the Location of Firms
by Haaland, Jan I. & Wooton, Ian - 1270 Labour Specialization and City Formation
by Berliant, Marcus & Zenou, Yves - 1269 Politics and Trade Policy
by Helpman, Elhanan - 1268 Are Markets More Competitive if Commodities are Closer Substitutes?
by Schulz, Norbert - 1267 Transport Costs, Intermediate Goods and Localized Growth
by Walz, Uwe - 1266 Foreign Direct Investment and Politics: The Swedish Model
by Blomström, Magnus & Kokko, Ari - 1265 The Poor Stay Poor: Non-Convergence Across Countries and Regions
by Canova, Fabio & Marcet, Albert - 1264 The Information Content of the Term Structure: Evidence for Germany
by Gerlach, Stefan - 1263 Price Volatility and Futures Margins
by Hardouvelis, Gikas A & Kim, Dongcheol - 1262 Asset Pricing Models with and without Consumption: An Empirical Evaluation
by Hardouvelis, Gikas A & Kim, Dongcheol - 1261 Stock Market Efficiency and Economic Efficiency: Is There a Connection?
by Davidson, Malcolm & Gorton, Gary B - 1260 Adjustment and Performance of the Textile and Clothing Industry in the Czech Republic, Poland and Portugal
by Benacek, Vladimir & Caban, Wieslaw & Corado, Cristina - 1259 Regional Unemployment Persistence (Spain, 1976-94)
by Bentolila, Samuel & Jimeno, Juan Francisco - 1258 The Term Structure of Euro-Rates: Some Evidence in Support of the Expectations Hypothesis
by Gerlach, Stefan & Smets, Frank - 1257 Alternative Operating Procedures for Monetary Policy - A New Look at the Money Supply Process
by Bofinger, Peter & Schächter, Andrea - 1255 Technological Diffusion, Convergence and Growth
by Barro, Robert J. & Sala-i-Martin, Xavier - 1254 The Classical Approach to Convergence Analysis
by Sala-i-Martin, Xavier - 1253 Endogenous Realignments and the Sustainability of a Target Zone
by Corbae, P Dean & Neely, Christopher J & Weller, Paul - 1252 Can Capital Controls Alter the Inflation-Unemployment Trade-off?
by Razin, Assaf & Yuen, Chi-Wa - 1251 The Age-Wealth Profile and the Life-Cycle Hypothesis: A Cohort Analysis with a Time Series of Cross-Sections of Italian Households
by Jappelli, Tullio - 1250 Bank Restructuring and Soft Budget Constraints in Financial Transition
by Berglöf, Erik & Roland, Gérard - 1249 Optimal Inflation Targets, 'Conservative' Central Banks, and Linear Inflation Contracts
by Svensson, Lars E O - 1248 The Stability of the Gold Standard and the Evolution of the International Monetary System
by Bayoumi, Tamim & Eichengreen, Barry - 1247 Fiscal Policy and Monetary Union: Federalism, Fiscal Restrictions and the No-Bailout Rule
by Eichengreen, Barry & von Hagen, Jürgen - 1246 Fiscal Crises and Aggregate Demand: Can High Public Debt Reverse the Effects of Fiscal Policy?
by Sutherland, Alan - 1245 Europe's Single Market: The Long March to 1992
by Sapir, André - 1244 Let's Get Real: A Dynamic Factor Analytical Approach to Disaggregated Business Cycle
by Forni, Mario & Reichlin, Lucrezia - 1243 Public Policy Towards R&D in Oligopolistic Industries
by Leahy, Dermot & Neary, J Peter - 1242 Is a European Hard Core Credible? A Statistical Analysis
by Jacquemin, Alexis & Sapir, André - 1241 The Macroeconomics of the Mexican Crisis: A Simple Two-period Model
by Irwin, Gregor & Vines, David - 1240 After the Deluge: Do Fixed Exchange Rates Allow Inter-temporal Volatility Trade-offs?
by Rose, Andrew K - 1239 Equilibrium Currency Crises: Are Multiple Equilibria Self-fulfilling or History Dependent?
by Davies, Gareth & Vines, David - 1238 The Impact of EU Trade Agreements with Central and East European Countries: The Case of Spain
by Martín, Carmela - 1237 Banking Scope, Financial Innovation, and the Evolution of the Financial System
by Boot, Arnoud W A & Thakor, Anjan - 1236 Aggregate and Regional Disaggregate Fluctuations
by Quah, Danny - 1235 Integrating the East: The Labour Market Effects of Immigration
by Bauer, Thomas & Zimmermann, Klaus F - 1233 Product Quality and Worker Quality
by Abowd, John M & Kramarz, Francis - 1232 Unions and Wage Insurance
by Burda, Michael C - 1231 Nominal Rigidity and Monetary Uncertainty in a Small Open Economy
by Rankin, Neil - 1230 The Seamless World: A Spatial Model of International Specialization
by Krugman, Paul & Venables, Anthony J. - 1229 Migration and the Option Value of Waiting
by Burda, Michael C - 1228 The Role of Services in the Structure of Production and Trade: Stylized Facts from a Cross-Country Analysis
by Francois, Joseph & Reinert, Kenneth A - 1227 The Duration of Unemployment and the Persistence of Wages
by Leonard, Jonathan & Van Audenrode, Marc - 1226 The WTO, the EU and the Arab World: Trade Policy Priorities and Pitfalls
by Hoekman, Bernard - 1225 The Break up of Nations: A Political Economy Analysis
by Bolton, Patrick & Roland, Gérard - 1224 The Transition in Russia: Successes (Privatization, Low Unemployment...) and Failures (Mafias, Liquidity Constraints...). A Theoretical Analysis
by Cohen, Daniel - 1223 Reforming Europe's Labour Market: Political Issues
by Saint-Paul, Gilles - 1222 Macroeconomic Policy During a Transition to Monetary Union
by Buiter, Willem H - 1221 Capital Utilization and Returns to Scale
by Burnside, A Craig & Eichenbaum, Martin & Rebelo, Sérgio - 1220 Real Effects of Exchange-Rate-Based Stabilization: An Analysis of Competing Theories
by Rebelo, Sérgio - 1219 The Monetary Transmission Mechanism: Evidence from the G-7 Countries
by Gerlach, Stefan & Smets, Frank - 1218 Efficiency and Equity: Is There a Trade-off?
by Correia, Maria Isabel Horta - 1217 European Monetary Unification: The Challenges Ahead
by Eichengreen, Barry & Ghironi, Fabio - 1216 Multi-object Auctions: On the Use of Combinational Bids
by Branco, Fernando - 1215 Voucher Privatization, Corporate Control and the Cost of Capital: An Analysis of the Czech Privatization Programme
by Marcincin, Anton & van Wijnbergen, Sweder - 1214 Multilateral Trade Rules and the Expected Cost of Protection
by Francois, Joseph & Martin, Will - 1213 The Economics of Convergence towards Monetary Union in Europe
by De Grauwe, Paul - 1212 Minimum Wages: Curse or Blessing?
by Ravn, Morten O. & Sorensen, Jan Rose - 1211 Underpricing, Ownership and Control in Initial Public Offerings of Equity Securities in the UK
by Brennan, Michael J & Franks, Julian R - 1210 An Essay on the Emergence of the International Gold Standard, 1870-80
by Flandreau, Marc - 1209 The Golden Age of Economic Growth: Why Did Northern Ireland Miss Out?
by Crafts, Nicholas - 1208 Foreign Equity Investment Restrictions, Capital Flight, and Shareholder Wealth Maximization
by Stulz, René M - 1207 Why is there Multilateral Lending?
by Rodrik, Dani - 1206 Real Business Cycles with Involuntary Unemployment
by Galí, Jordi - 1205 A Framework for Analysing the Political Support for Active Labour Market Policy
by Saint-Paul, Gilles - 1204 Free Trade and Evolving Standards
by Casella, Alessandra - 1203 The Survival of New Plants: Start-up Conditions and Post-entry Evolution
by Guimaraes, Paulo & Mata, José & Portugal, Pedro - 1202 The Anatomy of Unemployment Dynamics
by Abbring, Jaap H & van den Berg, Gerard J & van Ours, Jan C - 1201 A Centre-Periphery Model of Monetary Coordination and Exchange Rate Crises
by Buiter, Willem H & Corsetti, Giancarlo & Pesenti, Paolo - 1200 Unemployment Duration, Unemployment Benefits, and Labour Market Programmes in Sweden
by Carling, Kenneth & Edin, Per-Anders & Holmlund, Bertil & Jansson, Fredrik - 1199 International R&D Rivalry and Industrial Strategy without Government Commitment
by Leahy, Dermot & Neary, J Peter - 1198 Trade Liberalization, Employment and Migration. Some Simulations for Morocco
by de Melo, Jaime & Faini, Riccardo - 1197 Financial System Architecture
by Boot, Arnoud W A & Thakor, Anjan - 1196 Resale Markets and the Assignment of Property Rights
by Jehiel, Philippe & Moldovanu, Benny - 1195 Macroeconomic Policy in Central Europe
by Braga de Macedo, Jorge & Branson, William H - 1194 Do Other Firms Matter in Oligopolies?
by Haskel, Jonathan & Scaramozzino, Pasquale - 1193 Cartels, Contracts and Centralization: The Transition to Futures Trading for Primary Commodities
by Haskel, Jonathan - 1192 Privatization and X-Inefficiency: A Bargaining Approach
by Haskel, Jonathan & Sanchis, Amparo - 1191 International Business Cycles and the ERM: Is there a European Business Cycle?
by Artis, Michael J & Zhang, Wenda - 1190 Economic Cooperation within Europe: Lessons from the Monetary Arrangements in the 1990s
by Hughes Hallett, Andrew & Ma, Yue - 1189 On Measuring the Costs of Labour Immobility and Market Heterogeneity in Europe
by Demertzis, Maria & Hughes Hallett, Andrew - 1188 Who Needs Bands? Exchange Rate Policy Before EMU
by Bayoumi, Tamim - 1187 Accumulation and the Extent of Inequality
by Bertola, Giuseppe - 1186 Wage Inequality and Unemployment: US vs Europe
by Bertola, Giuseppe & Ichino, Andrea - 1185 Creating Creditworthiness through Reciprocal Trade
by Marin, Dalia & Schnitzer, Monika - 1184 Why is Spanish Unemployment so High?
by Dolado, Juan J. & Jimeno, Juan Francisco - 1183 Free Trade and Long-Run Growth
by Ben-David, Dan & Loewy, Michael B - 1182 Trade Performance and Trade Policy in Central and Eastern Europe
by Drábek, Zdenek & Smith, Alasdair - 1181 Why do Pre-tax Car Prices Differ so Much Across European Countries?
by Flam, Harry & Nordström, Håkan - 1180 Designing Institutions for International Monetary Policy Coordination
by Padilla, Atilano Jorge - 1179 Capital Mobility, Fiscal Policy and Growth Under Self-Financing of Human Capital Formation
by Buiter, Willem H & Kletzer, Kenneth - 1178 Large Shareholders and Banks: Who Monitors and How?
by Yafeh, Yishay & Yosha, Oved - 1177 Imperfect Competition, Risk Taking, and Regulation in Banking
by Matutes, Carmen & Vives, Xavier - 1176 A Contribution to Unemployment Dynamics
by Karanassou, Marika & Snower, Dennis J. - 1175 Vertically Related Markets and Trade Policy in a Bargaining Framework
by Karp, Larry & Sioli, Lucy - 1174 Russian Enterprises in Transition
by Cohen, Daniel & de Boissieu, Christian & de Pontbriand, Gaël - 1173 VERs Under Imperfect Competition and Foreign Direct Investment: A Case Study of the US-Japan Auto VER
by de Melo, Jaime & Tarr, David - 1172 Currency Unions, Economic Fluctuations and Adjustment: Some Empirical Evidence
by Bayoumi, Tamim & Prasad, Eswar - 1171 Universal Banks and German Industrialization: A Reappraisal
by Edwards, Jeremy & Ogilvie, Sheilagh C. - 1170 Regional Insurance Against Asymmetric Shocks. An Empirical Study for the European Community
by Hammond, George & von Hagen, Jürgen - 1169 New Empirical Evidence on the Costs of European Monetary Union
by Erkel-Rousse, Hélène & Mélitz, Jacques - 1168 East European Trade and the Austrian Labour Market
by Aiginger, Karl & Winter-Ebmer, Rudolf & Zweimüller, Josef - 1167 Tax and Benefit Reform in Central and Eastern Europe
by Newbery, David M G - 1166 The Taxation of Entrepreneurial Income in a Transition Economy: Issues Raised by Experience in Poland
by Grabowski MEP, Dariusz Maciej & Smith, Stephen - 1165 The Elixir of Growth: Trade, Non-Traded Goods and Development
by Minford, Patrick & Nowell, Eric & Riley, Jonathan - 1164 Speculative Market Structure and the Collapse of an Exchange Rate Mechanism
by Chen, Zhaohui - 1163 Tests of the 'Convergence Hypothesis': Some Further Results
by Cohen, Daniel - 1162 Sub-Optimal Scale Firms and Compensating Factor Differentials in Dutch Manufacturing
by Audretsch, David B & Thurik, A R Roy & Van Leeuwen, Geroge - 1161 Innovative Clusters and the Industry Life Cycle
by Audretsch, David B & Feldman, Maryann P - 1160 Demand-Driven Financial Development
by Saint-Paul, Gilles - 1159 Is There a Trade-off between Unemployment and Productivity Growth?
by Gordon, Robert J - 1158 The Entwining of Trade Policy with Environmental and Labour Standards
by Anderson, Kym - 1157 The Gender Gap, Fertility and Growth
by Galor, Oded & Weil, David - 1156 Environmental Feedbacks and Optimal Taxation in Oligopoly
by Carraro, Carlo & Soubeyran, Antoine - 1155 Factor Price Distortions and Public Subsidies in East Germany
by Sinn, Hans-Werner - 1154 R&D Cooperation and the Stability of International Environmental Agreements
by Carraro, Carlo & Siniscalco, Domenico - 1153 Measuring Core Inflation
by Quah, Danny - 1152 The Innovation, Unemployment and Competitiveness Challenge in Germany
by Audretsch, David B - 1151 Tax and Benefit Reform in the Czech and Slovak Republics
by Heady, Christopher & Smith, Stephen - 1150 Tentative First Steps: An Assessment of the Uruguay Round Agreement on Services
by Hoekman, Bernard - 1149 Measuring Aggregate Human Capital
by Mulligan, Casey B & Sala-i-Martin, Xavier - 1148 Can Delegation be Counterproductive? The Choice of 'Conservative' Bankers in Open Economies
by Currie, David & Levine, Paul L & Pearlman, Joseph - 1146 A Labour-Income-Based Measure of the Value of Human Capital: An Application to the States of the United States
by Mulligan, Casey B & Sala-i-Martin, Xavier - 1145 Equilibrium Real Exchange Rates in Transition
by Halpern, László & Wyplosz, Charles - 1144 Government Subsidies to Enterprises in Central and Eastern Europe: Budgetary Subsidies and Tax Arrears
by Schaffer, Mark E - 1143 Endogenous Distortions in Product and Labour Markets
by Rama, Martin & Tabellini, Guido - 1142 Federal Fiscal Constitutions. Part II: Risk Sharing and Redistribution
by Persson, Torsten & Tabellini, Guido - 1141 Double-Edged Incentives: Institutions and Policy Coordination
by Persson, Torsten & Tabellini, Guido - 1140 Empirics for Economic Growth and Convergence
by Quah, Danny - 1139 Workers, Machines and Economic Growth
by Zeira, Joseph - 1138 Testing for Liquidity Constraints in Euler Equations with Complementary Data Sources
by Jappelli, Tullio & Pischke, Jörn-Steffen & Souleles, Nicholas - 1137 Classical Business Cycles for G7 and European Countries
by Artis, Michael J & Kontolemis, Zenon G & Osborn, Denise - 1136 Privatization and Efficiency in a Differentiated Industry
by de Palma, André & Thisse, Jacques-François - 1135 Defensive and Strategic Restructuring in Central European Enterprises
by Grosfeld, Irena & Roland, Gérard - 1134 Technology and Trade
by Grossman, Gene & Helpman, Elhanan - 1133 North-South R&D Spillovers
by Coe, David T & Helpman, Elhanan & Hoffmaister, Alexander - 1132 Central and East European Labour Markets in Transition: Developments, Causes, and Cures
by Franz, Wolfgang - 1131 Exchange Rate Dynamics Redux
by Obstfeld, Maurice & Rogoff, Kenneth - 1130 Stabilization Policy, Learning by Doing, and Economic Growth
by Martin, Philippe & Rogers, Carol Ann - 1129 Optimal Stabilization Policy in the Presence of Learning by Doing
by Martin, Philippe & Rogers, Carol Ann - 1128 A Panel Project on Purchasing Power Parity: Mean Reversion Within and Between Countries
by Frankel, Jeffrey A & Rose, Andrew K - 1127 Banking and Development
by Sussman, Oren & Zeira, Joseph - 1126 Trade and Convergence Among Countries
by Ben-David, Dan - 1125 Job Flows, Worker Flows and Churning
by Burgess, Simon & Lane, Julia & Stevens, David - 1123 On the Evolution of Credibility and Flexible Exchange Rate Target Zones
by Avesani, Renzo & Gallo, Giampiero M & Salmon, Mark - 1122 Regulation and Access Pricing with Asymmetric Information
by De Fraja, Gianni - 1121 Causality Implications of the Public-Finance Approach to Inflation and Seigniorage
by Diba, Behzad & Martin, Philippe - 1120 Applied Cointegration Analysis in the Mirror of Macroeconomic Theory
by Söderlind, Paul & Vredin, Anders - 1119 The Equity Premium and the Risk Free Rate: A Cross Country, Cross Maturity Examination
by Canova, Fabio & de Nicolo, Gianni - 1118 Unemployment Insurance and Incentives in Hungary
by Micklewright, John & Nagy, Gyula