CEPR Discussion Papers 23 April 2017

Monday, April 24, 2017

 

CEPR publishes over 700 new Discussion Papers each year and subscribers have access to an impressive archive of more than 10,000 papers, dating back to 1984.

All papers can be purchased individually via the links below.  Details of our Discussion Paper subscription plans can be seen here and lists of papers can be viewed by Programme Area here and by year here.

 

Title

Author(s)

Pgm

Abstract


The New Keynesian Cross: Understanding Monetary Policy with Hand-to-Mouth Households

Florin Ovidiu Bilbiie

MEF

DP11989


The Unexpected Activeness of Passive Investors: A World-Wide Analysis of ETFs

Si Cheng
Massimo Massa
Hong Zhang

FE

DP11988


Choices in Equity Finance A Global Perspective

Moqi Groen-Xu
Massimo Massa
Virginie Mataigne
Theo Vermaelen

FE

DP11987


Mergers and Acquisitions and the Value of Control

Gur Aminadav
Massimo Massa
Hong Zhang
Weikang Zhu

FE

DP11986


Competition in Agricultural Markets: An Experimental Approach

Lorenzo Casaburi
Tristan Reed

DE

DP11985


On the Rewards to International Investing: A Safe Haven Currency Perspective

Jean-Pierre Danthine
Samuel Danthine

FE
IMF

DP11984


Gradual Portfolio Adjustment: Implications for Global Equity Portfolios and Returns

Philippe Bacchetta
Eric van Wincoop

IMF

DP11983


Differences in positions along a hierarchy: Counterfactuals based on an assignment model

Laurent Gobillon
Dominique Meurs
Sébastien Roux

LE

DP11982


Household Matters: Revisiting the Returns to Capital among Female Micro-entrepreneurs

Arielle Bernhardt
Erica Field
Rohini Pande
Natalia Rigol

DE

DP11981


Wedges: Distribution, Distortions, and Market Integration

Giuseppe Bertola

MG

DP11980


Turbulence, Firm Decentralization and Growth in Bad Times

Philippe Aghion
Nicholas Bloom
Brian Lucking
Raffaella Sadun
John Van Reenen

IO
LE
MG

DP11979


Population Aging, Social Security and Fiscal Limits

Burkhard Heer
Vito Polito
Michael R. Wickens

MG
PE

DP11978


Early agglomeration or late agglomeration?: Two phases of development with spatial sorting

Rikard Forslid
Toshihiro Okubo

IT

DP11977


Changing business models in international bank funding

Leonardo Gambacorta
Stefano Schiaffi
Adrian van Rixtel

FE

DP11957


Spatial Competition, Innovation and Institutions: The Industrial Revolution and the Great Divergence

Klaus Desmet
Avner Greif
Stephen L. Parente

EH
IT
MG

DP11976


The Good and the Bad Fiscal Theory of the Price Level

Willem H. Buiter

FE
PE

DP11975


Are stock-financed takeovers opportunistic?

B Espen Eckbo
Tanakorn Makaew
Karin S Thorburn

FE

DP11974


Growing, Shrinking and Long Run Economic Performance: Historical Perspectives on Economic Development

Stephen N Broadberry
John Wallis

EH

DP11973


China, Europe and the great Divergence: A Study in Historical National Accounting, 980-1850

Stephen N Broadberry
Hanhui Guan
David Daokui Li

EH

DP11972


Japan and the Great Divergence, 730-1874

Jean-Pascal Bassino
Stephen N Broadberry
Kyoji Fukao
Bishnupriya Gupta
Masanori Takashima

EH

DP11971


The Quanto Theory of Exchange Rates

Lukas Kremens
Ian Martin

FE
IMF

DP11970


Negative interest rates in Switzerland: What have we learned?

Jean-Pierre Danthine

FE
IMF

DP11969


Individuals and Organizations as Sources of State Effectiveness, and Consequences for Policy Design

Michael Best
Jonas Hjort
David Szakonyi

DE
PE

DP11968


Functional Upgrading in China's Export Processing Sector

Ari Van Assche
Johannes Van Biesebroeck

IO
IT

DP11967


A Central Bank Theory of Price Level Determination

Pierpaolo Benigno

MEF

DP11966


Learning about the Enforcement of Conditional Welfare Programs: Evidence from Brazil

Fernanda Brollo
Katja Kaufmann
Eliana La Ferrara

DE
PE

DP11965


The Political Economy of Program Enforcement: Evidence from Brazil

Fernanda Brollo
Katja Kaufmann
Eliana La Ferrara

DE
PE

DP11964