CEPR Discussion Papers 5 February 2017

Monday, February 13, 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 Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten's Theorem

David Rezza Baqaee
Emmanuel Farhi

MEF

DP11845


Monetary Policy and the Predictability of Nominal Exchange Rates

Martin Eichenbaum
Benjamin Johannsen
Sérgio Rebelo

IMF

DP11844


Activism, Strategic Trading, and Liquidity

Kerry E. Back
Pierre Collin-Dufresne
Vyacheslav Fos
Tao Li
Alexander P. Ljungqvist

FE

DP11843


"Low-For-Long” Interest Rates and Banks' Interest Margins and Profitability: Cross-Country Evidence

Stijn Claessens
Nicholas Coleman
Michael Donnelly

FE

DP11842


Carbon Dioxide Emissions and Economic Growth: An Assessment based on Production and Consumption Emission Inventories

Octavio Fernández-Amador
Joseph Francois
Doris Oberdabernig
Patrick Tomberger

IT

DP11841


Democracy and Credit “Democracy Doesn`t Come Cheap” But At Least Credit to Its Corporations Will Be

Manthos Delis
Iftekhar Hasan
Steven Ongena

FE

DP11840


International Spillovers and Local Credit Cycles

Yusuf Soner Baskaya
Julian di Giovanni
Sebnem Kalemli-Ozcan
Mehmet Fatih Ulu

IMF
MEF

DP11839


Risk-sharing benefits and the capital structure of insurance companies

Cynthia Van Hulle
Hans Degryse
Kristien Smedts

FE

DP11838


Company Stock Reactions to the 2016 Election Shock: Trump, Taxes and Trade

Alexander F Wagner
Richard Zeckhauser
Alexandre Ziegler

FE

DP11837


The Global Role of the U.S. Economy: Linkages, Policies and Spillovers

Ayhan Kose
Csilla Lakatos
Franziska Ohnsorge
Marc Stocker

IMF

DP11836


When Britain turned inward: Protection and the shift towards Empire in interwar Britain

Alan de Bromhead
Alan Fernihough
Markus Lampe
Kevin Hjortshøj O'Rourke

EH
IT

DP11835


Central Bank Policies and the Debt Trap

Athanasios Orphanides

MEF

DP11834


Rents, Technical Change, and Risk Premia: Accounting for Secular Trends in Interest Rates, Returns to Capital, Earnings Yields, and Factor Shares

Ricardo Caballero
Emmanuel Farhi
Pierre-Olivier Gourinchas

FE
IMF
MG

DP11833


Revisiting the Commodity Curse: A Financial Perspective

Enrique Alberola
Gianluca Benigno

IMF

DP11832


The World We Live In: Local or Global?

Kees Koedijk
Ronald J Mahieu
Jenke ter Horst
Joris van Toor

FE

DP11831


The Macroeconomic Effects of Government Asset Purchases: Evidence from Postwar US Housing Credit Policy

Andrew Fieldhouse
Karel Mertens
Morten O Ravn

FE
MEF

DP11830