Year publications

Discussion Papers 2003

DP4341	A Meta-Analysis of the Effect of Common Currencies on International Trade Author(s): Andrew K Rose Published April 2003
DP4168	India's Trade Policy For Sale: How Much? Who Buys? Author(s): Olivier Cadot, Jean-Marie Grether, Marcelo Olarreaga Published December 2003
DP4167	Tariff Evasion and Customs Corruption: Does PSI Help? Author(s): José Anson, Olivier Cadot, Marcelo Olarreaga Published December 2003
DP4166	Rules of Origin in North-South Preferential Trading Arrangements with an Application to NAFTA Author(s): José Anson, Olivier Cadot, Jaime de Melo, Antoni Estevadeordal, Akiko Suwa Eisenmann, Bolormaa Tumurchudur Published December 2003
DP4163	Conflicts of Interest and Efficient Contracting in IPOs Author(s): Alexander P. Ljungqvist Published December 2003
DP4162	Competing for Securities Underwriting Mandates: Banking Relationships and Analyst Recommendations Author(s): Alexander P. Ljungqvist, Felicia Marston, William J Wilhelm Jr Published December 2003
DP4161	How Do Legal Differences and Learning Affect Financial Contracts? Author(s): Steven Kaplan, Frederic Martel, Per Johan Strömberg Published December 2003
DP4160	Strategic Asset Allocation in a Continuous Time VAR Model Author(s): John Y Campbell, George Chacko, Jorge Rodriguez, Luis M Viceira Published December 2003
DP4159	Inequality and Political Consensus Author(s): Hans Peter Grüner Published December 2003
DP4158	What Happened to Asian Exports During the Crisis? Author(s): Rupa Duttagupta, Antonio Spilimbergo Published December 2003
DP4157	Does Prestige Matter More than Profits? Evidence from Entrepreneurial Choice Author(s): Mariassunta Giannetti, Andrei Simonov Published December 2003
DP4156	Self-Selection of Migrant Workers: Migration Premium and (no) Returns to Skills Author(s): Eran Yashiv Published December 2003
DP4155	Price Discrimination in Markets for Experts' Services Author(s): Uwe Dulleck, Rudolf Kerschbamer Published December 2003
DP4154	Wage Bargaining with On-The-Job Search: Theory and Evidence Author(s): Pierre Cahuc, Fabien Postel-Vinay, Jean-Marc Robin Published December 2003
DP4153	Efficiency Wages, Urban Unemployment and Housing Consumption Author(s): Yves Zenou Published December 2003
DP4152	Globalization and the Evolution of the Supply Chain: Who Gains and Who Loses? Author(s): Masahisa Fujita, Jacques-François Thisse Published December 2003
DP4151	Signalling and Commitment: Monetary versus Inflation Targeting Author(s): Hans Gersbach, Volker Hahn Published December 2003
DP4150	Why the Apple Doesn't Fall: Understanding Intergenerational Transmission of Human Capital Author(s): Sandra Black, Paul J. Devereux, Kjell G Salvanes Published December 2003
DP4149	Does Responsive Pricing Increase Efficiency? Evidence from Pricing Experiments in an Internet Café Author(s): Pascal Courty, Mario Pagliero Published December 2003
DP4148	Multinational Bank Regulation with Deposit Insurance and Diversification Effects Author(s): Gyöngyi Lóránth, Alan Morrison Published December 2003
DP4147	Job Tenure, Wages and Technology: A Reassessment Using Matched Worker-Firm Panel Data Author(s): Pauline Givord, Eric Maurin Published December 2003
DP4146	The Impact of Divorce on School Performance: Evidence from France, 1968-2002 Author(s): Thomas Piketty Published December 2003
DP4145	Bottled Water - A Case of Pointless Trade? Author(s): Richard Friberg, Mattias Ganslandt Published December 2003
DP4144	Investment, Wages and Ownership During the Transition to a Market Economy: Evidence from Slovenian Firms Author(s): Janez Prasnikar, Jan Svejnar Published December 2003
DP4143	Ownership and Firm Performance After Large-Scale Privatization Author(s): Evzen Kocenda, Jan Svejnar Published December 2003
DP4142	Objectives and Constraints of Entrepreneurs: Evidence from Small and Medium-Size Enterprises in Russia and Bulgaria Author(s): Francesca Pissarides, Miroslav Singer, Jan Svejnar Published December 2003
DP4141	Naomi Klein and the Anti-Globalization Movement Author(s): Paul Segerstrom Published December 2003
DP4140	A Theory of North-South Trade and Globalization Author(s): Elias Dinopoulos, Paul Segerstrom Published December 2003
DP4139	Corporate Venture Capital: The Upside of Failure and Competition for Talent Author(s): Gilles Chemla, Jean-Etienne de Bettignies Published December 2003
DP4138	The Origins of Spatial Interaction Author(s): Wolfgang Keller, Carol Hua Shiue Published December 2003
DP4136	Spatial Inequality in Education and Health Care in China Author(s): Ravi Kanbur, Xiaobo Zhang Published December 2003
DP4135	The Learning Cost of Interest Rate Reversals Author(s): Martin Ellison Published December 2003
DP4134	Mark-ups, Gaps and the Welfare Costs of Business Fluctuations Author(s): Jordi Galí, Mark Gertler, Jose David Lopez-Salido Published December 2003
DP4133	Opening the Black Box: Structural Factor Models versus Structural VARs Author(s): Mario Forni, Marco Lippi, Lucrezia Reichlin Published December 2003
DP4132	Credit Risk and Dynamic Capital Structure Choice Author(s): Thomas Dangl, Josef Zechner Published December 2003
DP4131	Escalating Penalties for Repeat Offenders Author(s): Winand Emons Published December 2003
DP4130	High-Tech Clusters, Technology Spillovers and Trade Secret Laws Author(s): Andrea Fosfuri, Thomas Rønde Published December 2003
DP4129	Globalization and the Empowerment of Talent Author(s): Dalia Marin, Thierry Verdier Published December 2003
DP4128	Rhetoric in Economic Research: The Case of Gender Wage Differentials Author(s): Doris Weichselbaumer, Rudolf Winter-Ebmer Published December 2003
DP4127	A Meta-Analysis of the International Gender Wage Gap Author(s): Doris Weichselbaumer, Rudolf Winter-Ebmer Published December 2003
DP4126	Performance of Inflation Targeting Based on Constant Interest Rate Projections Author(s): Seppo Honkapohja, Kaushik Mitra Published December 2003
DP4125	Information Variables for Monetary Policy in a Small Structural Model of the Euro Area Author(s): Francesco Lippi, Stefano Neri Published December 2003
DP4124	The Dynamics of Repeat Migration: A Markov Chain Analysis Author(s): Amelie Constant, Klaus F Zimmermann Published November 2003
DP4123	A Strategic Interpretation of Legal Transplants Author(s): Nuno Garoupa, Anthony Ogus Published November 2003
DP4122	Monetary Union with Voluntary Participation Author(s): William Fuchs, Francesco Lippi Published November 2003
DP4121	Exchange Rate Policy and Endogenous Price Flexibility Author(s): Michael B Devereux Published November 2003
DP4120	Nonparametric Estimation of a Dependent Competing Risks Model for Unemployment Durations Author(s): Gerard van den Berg, A Gijsbert C van Lomwel, Jan C. van Ours Published November 2003
DP4119	Is Economic Activity in the G7 Synchronized? Common Shocks versus Spillover Effects Author(s): Alain Monfort, Jean-Paul Renne, Rasmus Rüffer, Giovanni Vitale Published November 2003
DP4118	Explaining Differences in Hospital Performance: Does the Answer Lie in the Labour Market? Author(s): Simon Burgess, Denise Gossage, Carol Propper Published November 2003
DP4117	Three Models of Imperfect Transparency in Monetary Policy Author(s): Maria Demertzis, Andrew Hughes Hallett Published November 2003
DP4116	Information Sharing and Cumulative Innovation in Business Networks Author(s): Gilles Saint-Paul Published November 2003
DP4115	Good Jobs, Bad Jobs and Redistribution Author(s): Kjell Erik Lommerud, B. Sandvik, Odd Rune Straume Published November 2003
DP4114	Monetary Policy Rules, Asset Prices and Exchange Rates Author(s): Jagjit S Chadha, Lucio Sarno, Giorgio Valente Published November 2003
DP4113	A Note on Optimal Law Enforcement with Legal Aid Author(s): Nuno Garoupa, Frank Stephen Published November 2003
DP4112	Endogeneity of Currency Areas and Trade Blocs: Evidence from the Inter-war Period Author(s): Albrecht Ritschl, Nikolaus Wolf Published November 2003
DP4111	Optimal Monetary Policy Under Commitment with a Zero Bound on Nominal Interest Rates Author(s): Klaus Adam, Roberto M Billi Published November 2003
DP4110	Trading Market Access for Competition Policy Enforcement Author(s): Bernard Hoekman, Kamal Saggi Published November 2003
DP4109	Government Procurement: Market Access, Transparency, and Multilateral Trade Rules Author(s): Simon J Evenett, Bernard Hoekman Published November 2003
DP4108	The Dynamics of the Colombian Civil Conflict: A New Data Set Author(s): Jorge Restrepo, Michael Spagat, Juan F Vargas Published November 2003
DP4107	Subsidies to Poor Regions and Inequalities: Some Unpleasant Arithmetic Author(s): Vincent Dupont, Philippe Martin Published November 2003
DP4106	Identifying the Monetary Transmission Mechanism Using Structural Breaks Author(s): Andreas Beyer, Roger E A Farmer Published November 2003
DP4105	Underpricing in Discriminatory and Uniform-Price Treasury Auctions Author(s): David Goldreich Published November 2003
DP4104	Duration Dependence in Stock Prices: An Analysis of Bull and Bear Markets Author(s): Asger Lunde, Allan Timmermann Published November 2003
DP4103	Monotone Equilibria in Bayesian Games of Strategic Complementarities Author(s): Timothy Van Zandt, Xavier Vives Published November 2003
DP4102	The European Phillips Curve: Does the NAIRU Exist? Author(s): Marika Karanassou, Hector Sala, Dennis J. Snower Published October 2003
DP4101	On the Indeterminacy of Determinacy and Indeterminacy Author(s): Andreas Beyer, Roger E A Farmer Published October 2003
DP4100	Growth Strategies Author(s): Dani Rodrik Published October 2003
DP4099	Technology Transfer and Spillovers in International Joint Ventures Author(s): Thomas Müller, Monika Schnitzer Published October 2003
DP4098	Understanding the Recovery Rates on Defaulted Securities Author(s): Viral V. Acharya, Sreedhar T Bharath, Anand Srinivasan Published October 2003
DP4097	Taxation and Venture Capital-Backed Entrepreneurship Author(s): Christian Keuschnigg, Soren Bo Nielsen Published October 2003
DP4096	The Demand for Coordination Author(s): Wouter Dessein, Tano Santos Published October 2003
DP4095	On Footloose Industries, Asymmetric Information and Wage Bargaining Author(s): Nancy H Chau, Ravi Kanbur Published October 2003
DP4094	On-the-Job Search in a Matching Model with Heterogeneous Jobs and Workers Author(s): Juan J. Dolado, Marcel Jansen, Juan F Jimeno Published October 2003
DP4093	Does the Separation of Regulatory Powers Reduce the Threat of Capture? Evidence from the US Maritime Bureaucracy Author(s): Pedro Luis Marín Uribe, Richard Sicotte Published October 2003
DP4092	Late Informed Betting and the Favourite-Longshot Bias Author(s): Marco Ottaviani, Peter Norman Sørensen Published October 2003
DP4091	Does Anonymity Matter in Electronic Limit Order Markets? Author(s): Thierry Foucault, Sophie Moinas, Erik Theissen Published October 2003
DP4090	The Impact of R&D Subsidies on the Introduction of New Products by Incumbent Firms Author(s): Ralph Siebert Published October 2003
DP4089	Credible Vertical Preemption Author(s): Ralph Siebert Published October 2003
DP4088	Measuring Heterogeneity in the Returns to Education in Norway Using Educational Reforms Author(s): Arild Aakvik, Kjell G Salvanes, Kjell Vaage Published October 2003
DP4087	What Caused the Early Millennium Slowdown? Evidence Based on Vector Autoregressions Author(s): Gert Peersman Published October 2003
DP4086	Media Capture and Wealth Concentration Author(s): Giacomo Corneo Published October 2003
DP4085	Knowledge Diffusion, Supplier's Technological Effort and Technology Transfer via Vertical Relationships Author(s): Ai Ting Goh Published October 2003
DP4084	Does Binding of Feedback Influence Myopic Loss Aversion? An Experimental Analysis Author(s): Thomas Langer, Martin Weber Published October 2003
DP4083	Poole in the New Keynesian Model Author(s): Fabrice Collard, Harris Dellas Published October 2003
DP4082	The Case for Inflation Stability Author(s): Fabrice Collard, Harris Dellas Published October 2003
DP4081	An Experimental Study of Storable Votes Author(s): Alessandra Casella, Andrew Gelman, Thomas R Palfrey Published October 2003
DP4080	Auctions with Private Entry Costs Author(s): Todd Kaplan, Aner Sela Published October 2003
DP4079	Unionization Structures and Innovation Incentives Author(s): Justus Haucap, Christian Wey Published October 2003
DP4078	Location of R&D and High-Tech Production by Vertically-Integrated Multinationals Author(s): Karolina Ekholm, Katariina Hakkala Published October 2003
DP4077	Market Access for Sale: Latin America's Lobbying for US Tariff Preferences Author(s): Hiau Looi Kee, Marcelo Olarreaga, Peri Silva Published October 2003
DP4076	The Informational Role of the Business Cycle Author(s): Harris Dellas Published October 2003
DP4075	Incentive Contracts and Elections for Politicians with Multi-Task Problems Author(s): Hans Gersbach, Verena Liessem Published October 2003
DP4074	The Impact of Length of the School Year on Student Performance and Earnings: Evidence from the German Short School Years Author(s): Jörn-Steffen Pischke Published October 2003
DP4073	A Quantitative Exploration of the Opportunistic Approach to Disinflation Author(s): Yunus Aksoy, Athanasios Orphanides, David Small, Volker Wieland, David Wilcox Published September 2003
DP4072	Optimal Information Management: Organizations versus Markets Author(s): Micael Castanheira, Mikko Leppämäki Published September 2003
DP4071	EU Conciliation Committee: Council 56 versus Parliament 6 Author(s): Stefan Napel, Mika Widgrén Published September 2003
DP4070	Microeconomic Sources of Equity Risk Author(s): Michael R. Wickens Published September 2003
DP4069	Competitive Non-Linear Pricing in Duopoly Equilibrium: The Early US Cellular Telephone Industry Author(s): Eugenio J Miravete, Lars-Hendrik Röller Published September 2003
DP4068	Is There Evidence of Pessimism and Doubt in Subjective Distributions? A Comment on Abel Author(s): Paolo Giordani, Paul Söderlind Published September 2003
DP4067	C-CAPM and the Cross-Section of Sharpe Ratios Author(s): Paul Söderlind Published September 2003
DP4066	Who Integrates? Author(s): Stefan Bühler, Armin Schmutzler Published September 2003
DP4065	Inter-regional and International Trade: Seventy Years After Ohlin Author(s): Kristian Behrens, Carl Gaigné, Gianmarco Ottaviano, Jacques-François Thisse Published September 2003
DP4064	Fertility and Financial Incentives in France Author(s): Guy Laroque, Bernard Salanié Published September 2003
DP4063	Welfare Implications of User Innovation Author(s): Joachim Henkel, Eric von Hippel Published September 2003
DP4062	Microfoundations of Urban Agglomeration Economies Author(s): Gilles Duranton, Diego Puga Published September 2003
DP4061	Immigration and Inter-Regional Mobility in the UK, 1982-2000 Author(s): Timothy J. Hatton, Massimiliano Tani Published September 2003
DP4060	International Good Market Segmentation and Financial Market Structure Author(s): Suleyman Basak, Benjamin Croitoru Published September 2003
DP4059	Kleptocracy and Divide-and-Rule: A Model of Personal Rule Author(s): Daron Acemoglu, James A Robinson, Thierry Verdier Published September 2003
DP4058	Efficiency Wages and Unemployment in Cities: The Case of High Relocation Costs Author(s): Yves Zenou Published September 2003
DP4057	Corruption and Openness Author(s): Zvika Neeman, M. Daniele Paserman, Avi Simhon Published September 2003
DP4056	Ownership and Control in Joint Ventures: Theory and Evidence Author(s): Robert Hauswald, Ulrich Hege Published September 2003
DP4055	On the Causes of Overlending: Are Guarantees on Deposits the Culprit? Author(s): Mariassunta Giannetti Published September 2003
DP4054	An Economic Model of Child Custody Author(s): Marco Francesconi, Abhinay Muthoo Published September 2003
DP4053	Taxing Risky Investment Author(s): Michael P. Devereux Published September 2003
DP4052	Immigrating to Opportunity: Estimating the Effect of School Quality Using a Natural Experiment on Ethiopians in Israel Author(s): Eric D Gould, Victor Lavy, M. Daniele Paserman Published September 2003
DP4051	Takeovers and the Dynamics of Information Flows Author(s): Gilles Chemla Published September 2003
DP4050	Mixed Signals in Defending the Exchange Rate: What do the Data Say? Author(s): Allan Drazen, Stefan Hubrich Published September 2003
DP4049	Where Does the Political Budget Cycle Really Come From? Author(s): Adi Brender, Allan Drazen Published September 2003
DP4048	Communication Externalities in Cities Author(s): Sylvie Charlot, Gilles Duranton Published September 2003
DP4047	Durable Goods with Quality Differentiation Author(s): Roman Inderst Published September 2003
DP4046	The Labour Market Effects of Payroll Taxes in a Middle-Income Country: Evidence from Colombia Author(s): Adriana D. Kugler, Maurice Kugler Published September 2003
DP4045	The Changing Distribution of Male and Female Wages, 1978-2000: Can the Simple Skills Story be Rejected? Author(s): Amanda Gosling Published September 2003
DP4044	Democratic Public Good Provision Author(s): John Hassler, Kjetil Storesletten, Fabrizio Zilibotti Published September 2003
DP4043	Structural Reforms and the Macroeconomy: The Role of General Equilibrium Effects Author(s): Hans Gersbach Published September 2003
DP4041	Distance and FDI When Contracts are Incomplete Author(s): Gianmarco Ottaviano, Alessandro Antonio Turrini Published September 2003
DP4040	National versus International Mergers in Unionised Oligopoly Author(s): Kjell Erik Lommerud, Lars Sørgard, Odd Rune Straume Published September 2003
DP4039	Inside-Outside Money Competition Author(s): Ramon Marimon, Juan Pablo Nicolini, Pedro Teles Published September 2003
DP4038	Relative Performance Evaluation Contracts and Asset Market Equilibrium Author(s): Sandeep Kapur, Allan Timmermann Published September 2003
DP4037	Properties of Optimal Forecasts Author(s): Andrew J Patton, Allan Timmermann Published August 2003
DP4036	Responsive Pricing Author(s): Pascal Courty, Mario Pagliero Published August 2003
DP4035	Dynamic Yardstick Regulation Author(s): Antoine Faure-Grimaud, Sönje Kerrin Reiche Published August 2003
DP4034	Trading Volume with Career Concerns Author(s): Amil Dasgupta, Andrea Prat Published September 2003
DP4033	Panel Index VAR Models: Specification, Estimation, Testing and Leading Indicators Author(s): Fabio Canova, Matteo Ciccarelli Published August 2003
DP4032	Trade Liberalization and Developing Countries Under the Doha Round Author(s): Joseph Francois, Hans van Meijl, Frank van Tongeren Published August 2003
DP4030	Why Do Emerging Economies Borrow in Foreign Currency? Author(s): Olivier Jeanne Published August 2003
DP4029	Urban Labour Economic Theory Author(s): Yves Zenou Published August 2003
DP4028	The Spatial Aspects of Crime Author(s): Yves Zenou Published August 2003
DP4027	Financial Integration: A New Methodology and an Illustration Author(s): Robert P Flood, Andrew K Rose Published August 2003
DP4026	Competition and Quality: Evidence from the NHS Internal Market 1991-9 Author(s): Simon Burgess, Denise Gossage, Carol Propper Published August 2003
DP4025	Uncertainty and Company Investment Dynamics: Empirical Evidence for UK Firms Author(s): Nicholas Bloom, Stephen Roy Bond, John Van Reenen Published August 2003
DP4024	Institutional Subversion: Evidence from Russian Regions Author(s): Irina Slinko, Evgeny Yakovlev, Ekaterina Zhuravskaya Published August 2003
DP4023	Trade Reforms and Wage Inequality in Colombia Author(s): Orazio Attanasio, Pinelopi Koujianou Goldberg, Nina Pavcnik Published August 2003
DP4022	Real-Time Hierarchical Resource Allocation with Quadratic Costs Author(s): Timothy Van Zandt Published August 2003
DP4021	Heterogeneity in R&D Cooperation Strategies Author(s): Rene Belderbos, Martin A Carree, Bert Diederen, Boris Lokshin, Reinhilde Veugelers Published August 2003
DP4020	Mark-Up Fluctuations and Fiscal Policy Stabilization in a Monetary Union Author(s): Roel Beetsma, Henrik Jensen Published August 2003
DP4019	Explaining Trends in UK Immigration Author(s): Timothy J. Hatton Published August 2003
DP4018	Heckscher-Ohlin Theory and Individual Attitudes Towards Globalization Author(s): Kevin Hjortshøj O'Rourke Published August 2003
DP4017	Investor Protection and Equity-Holdings: An Explanation of Two Puzzles? Author(s): Mariassunta Giannetti, Yrjö Koskinen Published August 2003
DP4016	The Optimal Capital Structure of an Economy Author(s): Hans Gersbach Published August 2003
DP4015	The Effects of Competition and Equal Treatment Laws on the Gender Wage Differential Author(s): Doris Weichselbaumer, Rudolf Winter-Ebmer Published August 2003
DP4014	The Transmission Mechanism in a Changing World Author(s): Michael J Artis, Ana Beatriz C Galvão, Massimiliano Marcellino Published August 2003
DP4012	Monetary Policy Rules in an Interdependent World Author(s): Robert Kollmann Published August 2003
DP4011	Employment, Family Union and Childbearing Decisions in Great Britain Author(s): Arnstein Aassve, Simon Burgess, Matt Dickson, Carol Propper Published August 2003
DP4010	Incentives in the Public Sector: Some Preliminary Evidence from a UK Government Agency Author(s): Simon Burgess, Carol Propper, Marisa Ratto, Emma Tominey Published August 2003
DP4009	Auctions with Weakly Assymmetric Interdependent Values Author(s): Gadi Fibich, Arieh Gavious, Aner Sela Published August 2003
DP4008	The Macroeconomics of Delegated Management Author(s): Jean-Pierre Danthine, John B Donaldson Published August 2003
DP4007	Government Gains from Self-Restraint: A Bargaining Theory of Inefficient Redistribution Policies Author(s): Allan Drazen, Nuno Limão Published August 2003
DP4006	Dynamic Optimal Taxation with Private Information Author(s): Stefania Albanesi, Christopher Sleet Published August 2003
DP4005	Precautionary Saving and Consumption Smoothing Across Time and Possibilities Author(s): Miles S Kimball, Philippe Weil Published August 2003
DP4004	Foreign Aid Designed to Diminish Terrorist Atrocities can Increase Them Author(s): Michael Mandler, Michael Spagat Published August 2003
DP4003	Unilingual versus Bilingual Education System: A Political Economy Analysis Author(s): Javier Ortega, Thomas Tangeraas Published August 2003
DP4002	Stock Prices and IPO Waves Author(s): Lubos Pástor, Pietro Veronesi Published August 2003
DP4001	Two Naked Emperors? Concerns about the Stability and Growth Pact and Second Thoughts About Central Bank Independence Author(s): Willem H. Buiter Published August 2003
DP3999	The Spatial Distribution of Economic Activities in the EU Author(s): Pierre-Philippe Combes, Henry G Overman Published August 2003
DP3998	Cross-Border Acquisitions and Greenfield Entry: Profitability and Stock Market Value Author(s): Pehr-Johan Norbäck, Lars Persson Published August 2003
DP3997	Model Uncertainty, Thick Modelling and the Predictability of Stock Returns Author(s): Marco Aiolfi, Carlo A. Favero Published August 2003
DP3996	Credit, Wages and Bankruptcy Laws Author(s): Bruno Biais, Thomas Mariotti Published August 2003
DP3995	International Product Market Integration, Rents and Wage Formation Author(s): Torben M Andersen, Allan Sorensen Published July 2003
DP3994	Disruptive Technologies and the Emergence of Competition Author(s): Ron Adner, Peter Zemsky Published July 2003
DP3993	Does Education Raise Productivity or Just Reflect It? Author(s): Arnaud Chevalier, Colm Harmon, Ian Walker, Yu Zhu Published July 2003
DP3992	The Proper Scope of Governments When Costs are Contractible Author(s): Dag Morten Dalen, Espen R Moen Published July 2003
DP3990	Protecting Against Labour Market Risk: Employment Protection or Unemployment Benefits? Author(s): Tito Boeri, José Ignacio Conde-Ruiz, Vincenzo Galasso Published July 2003
DP3989	Domestic Labour Markets and Foreign Direct Investment Author(s): Jan I. Haaland, Ian Wooton Published July 2003
DP3988	Market Definition in the Telecoms Industry Author(s): Jordi Gual Published July 2003
DP3987	Price Discovery in Fragmented Markets Author(s): Frank de Jong, Peter C Schotman Published July 2003
DP3986	Equilibrium Search Unemployment, Endogenous Participation and Labour Market Flows Author(s): Pietro Garibaldi, Etienne Wasmer Published July 2003
DP3985	The Empirics of Agglomeration and Trade Author(s): Keith Head, Thierry Mayer Published July 2003
DP3984	Why Does FDI Go Where it Goes? New Evidence from the Transitional Economies Author(s): Nauro F. Campos, Yuko Kinoshita Published July 2003
DP3983	Monetary Fundamentals and Exchange Rate Dynamics under Different Nominal Regimes Author(s): Lucio Sarno, Giorgio Valente, Mark E Wohar Published July 2003
DP3982	Cultural Diversity, Status Concerns and the Organization of Work Author(s): Chaim Fershtman, Hans K Hvide, Yoram Weiss Published July 2003
DP3981	Business Cycles, the Current Account and Administered Protection in Mexico Author(s): Joseph Francois, Gunnar Niels Published July 2003
DP3979	The Effect of Search Frictions on Wages Author(s): Gerard van den Berg, Aico van Vuuren Published July 2003
DP3978	Measuring Labour Market Frictions: A Cross-Country Comparison Author(s): Gerard van den Berg, Geert Ridder Published July 2003
DP3977	Multiple Equilibria and Minimum Wages in Labour Markets with Informational Frictions and Heterogenous Production Technologies Author(s): Gerard van den Berg Published July 2003
DP3976	Endogenous Contracts Under Bargaining in Competing Vertical Chains Author(s): Chrysovalantou Milliou, Emmanuel Petrakis, Nikolaos Vettas Published July 2003
DP3975	Precautionary Bidding in Auctions Author(s): Péter Esö, Lucy White Published July 2003
DP3974	Innovations, Patent Races and Endogenous Growth Author(s): Joseph Zeira Published July 2003
DP3973	Provincial Protectionism Author(s): Konstantin Sonin Published July 2003
DP3972	Red Tape and Corruption Author(s): Sergei Guriev Published July 2003
DP3971	Financial Contracting with Optimistic Entrepreneurs: Theory and Evidence Author(s): Augustin Landier, David Thesmar Published July 2003
DP3970	It's All About Connections: Evidence on Network Formation Author(s): Armin Falk, Michael Kosfeld Published June 2003
DP3969	Coagglomeration and Growth Author(s): Salvador Barrios, Luisito Bertinelli, Eric Strobl Published July 2003
DP3968	Mismatch, Transport Mode and Search Decisions in England Author(s): Eleonora Patacchini, Yves Zenou Published July 2003
DP3967	Density, Social Networks and Job Search Methods: Theory and Application to Egypt Author(s): Jackline Wahba, Yves Zenou Published July 2003
DP3966	Social Networks and Crime Decisions: The Role of Social Structure in Facilitating Delinquent Behaviour Author(s): Antoni Calvó-Armengol, Yves Zenou Published July 2003
DP3965	Identification and Estimation of Dynamic Games Author(s): Martin Pesendorfer, Philipp Schmidt-Dengler Published July 2003
DP3964	Tender Offers and Leverage Author(s): Holger M Mueller, Fausto Panunzi Published July 2003
DP3963	The Transmission of US Shocks to Latin America Author(s): Fabio Canova Published July 2003
DP3962	Adaptive Learning and Monetary Policy Design Author(s): George W. Evans, Seppo Honkapohja Published July 2003
DP3961	Executive Compensation as an Agency Problem Author(s): Lucian Arye Bebchuk, Jesse Fried Published July 2003
DP3960	Agglomeration and Regional Growth Author(s): Richard Baldwin, Philippe Martin Published July 2003
DP3959	Product Choice and Product Switching Author(s): Andrew B. Bernard, Stephen J. Redding, Peter K. Schott Published July 2003
DP3958	Core-Periphery Patterns of Generalized Transport Costs: France, 1978-98 Author(s): Pierre-Philippe Combes, Miren Lafourcade Published July 2003
DP3957	Estimating the Probability of Leaving Unemployment Using Uncompleted Spells from Repeated Cross-Section Data Author(s): Maia Güell, Luojia Hu Published July 2003
DP3956	The Macroeconomics of Shareholder Pressure Author(s): David Thesmar Published May 2003
DP3955	Pension Fund Governance and the Choice Between Defined Benefit and Defined Contribution Plans Author(s): Timothy J. Besley, Andrea Prat Published June 2003
DP3954	The Manufacturer's Suggested Retail Price Author(s): Stephanie Rosenkranz Published June 2003
DP3953	Informative Advertising and Product Differentiation Author(s): Charalambos Christou, Nikolaos Vettas Published June 2003
DP3952	Foreign Ownership and Corporate Income Taxation: An Empirical Evaluation Author(s): Harry Huizinga, Gaëtan Nicodème Published June 2003
DP3951	R&D Cooperation Between Firms and Universities: Some Empirical Evidence from Belgian Manufacturing Author(s): Bruno Cassiman, Reinhilde Veugelers Published June 2003
DP3950	Aging Population and Education Finance Author(s): Mark Gradstein, Michael Kaganovich Published June 2003
DP3949	Recursive Preferences and Balanced Growth Author(s): Roger E A Farmer, Amartya Lahiri Published June 2003
DP3948	Careerist Judges Author(s): Gilat Levy Published June 2003
DP3947	It Takes Two: An Explanation of the Democratic Peace Author(s): Gilat Levy, Ronny Razin Published June 2003
DP3946	Does 'Non-Committed' Government Always Generate Lower Social Welfare then its 'Committed' Counter-Part Author(s): Kresimir Zigic Published June 2003
DP3945	Bureaucracy as a Mechanism to Generate Information Author(s): Walter Novaes, Luigi Zingales Published June 2003
DP3944	Accession to the WTO and EU Enlargement: What Potential for Trade Increase? Author(s): Oxana Koukhartchouk, Mathilde Maurel Published June 2003
DP3943	Efficient Pricing of Large Value Interbank Payment Systems Author(s): Cornelia Holthausen, Jean-Charles Rochet Published June 2003
DP3941	Overconfidence and Trading Volume Author(s): Markus Glaser, Martin Weber Published June 2003
DP3940	A Product Market Theory of Worker Training Author(s): Hans Gersbach, Armin Schmutzler Published June 2003
DP3939	Government Finance in the Wake of Currency Crises Author(s): Craig Burnside, Martin Eichenbaum, Sérgio Rebelo Published June 2003
DP3938	Understanding the Opportunistic Approach to Disinflation Author(s): Patrick Minford, Naveen Srinivasan Published June 2003
DP3937	Francs or Ranks? Earnings Mobility in France, 1967-1999 Author(s): Mosche Buchinsky, Gary S Fields, Denis Fougère, Francis Kramarz Published June 2003
DP3936	Wages and International Trade Author(s): Francis Kramarz Published June 2003
DP3935	Surviving a Standards War: Lessons Learned from the Life and Death of DIVX Author(s): David Dranove, Neil Gandal Published June 2003
DP3934	Taylor Rules and the Predictability of Interest Rates Author(s): Paul Söderlind, Ulf Söderström, Anders Vredin Published May 2003
DP3933	Fiscal Policy and Monetary Integration in Europe Author(s): Jordi Galí, Roberto Perotti Published June 2003
DP3932	Globalization and Dirty Industries: Do Pollution Havens Matter? Author(s): Jaime de Melo, Jean-Marie Grether Published June 2003
DP3931	How Binding are Legal Limits? Transitions from Temporary to Permanent Work in Spain Author(s): Maia Güell, Barbara Petrongolo Published June 2003
DP3930	Reconciling Stability and Growth: Smart Pacts and Structural Reforms Author(s): Roel Beetsma, Xavier Debrun Published June 2003
DP3928	Backward-Looking Interest Rate Rules, Interest Rate Smoothing and Macroeconomic Instability Author(s): Jess Benhabib, Stephanie Schmitt-Grohé, Martín Uribe Published June 2003
DP3927	Asset Prices and Business Cycles with Costly External Finance Author(s): Joao F Gomes, Amir Yaron, Lu Zhang Published June 2003
DP3926	The Effects of Employment Protection: Learning from Variable Enforcement Author(s): Tito Boeri, Juan F Jimeno Published June 2003
DP3925	Policy Interaction, Expectation and Liquidity Trap Author(s): George W. Evans, Seppo Honkapohja Published June 2003
DP3924	Families as Shocks Author(s): Luis Cubeddu, José-Víctor Ríos-Rull Published June 2003
DP3923	Delegation of Monetary Policy: More than a Relocation of the Time-Inconsistency Problem Author(s): John Driffill, Zeno Rotondi Published June 2003
DP3922	Job Search with Nonparticipation Author(s): Paul Frijters, Bas van der Klaauw Published June 2003
DP3921	The Effect of Financial Rewards on Students' Achievements: Evidence from a Randomized Experiment Author(s): Edwin Leuven, Hessel Oosterbeek, Bas van der Klaauw Published June 2003
DP3920	Optimal State-Contingent Regulation under Limited Liability Author(s): Robert J. Gary-Bobo, Yossi Spiegel Published June 2003
DP3919	Business Cycles with Free Entry Ruled by Animal Spirits Author(s): Rodolphe Dos Santos Ferreira, Teresa Lloyd-Braga Published June 2003
DP3918	The Central Banker as a Risk Manager: Quantifying and Forecasting Inflation Risks Author(s): Lutz Kilian, Simone Manganelli Published June 2003
DP3917	Loan Pricing Under Basel Capital Requirements Author(s): Rafael Repullo, Javier Suarez Published May 2003
DP3916	Incentives and Invention in Universities Author(s): Saul Lach, Mark Schankerman Published May 2003
DP3915	Financial Distress and Bank Restructuring of Small to Medium Size UK Companies Author(s): Julian R Franks, Oren Sussman Published May 2003
DP3914	The Political Economy of Bank and Equity Dominance Author(s): Enrico C Perotti, Ernst-Ludwig von Thadden Published May 2003
DP3913	International Unions Author(s): Alberto F Alesina, Ignazio Angeloni, Federico Etro Published May 2003
DP3912	The Dynamics of Local Employment in France Author(s): Pierre-Philippe Combes, Thierry Magnac, Jean-Marc Robin Published May 2003
DP3911	Representative versus Direct Democracy: The Role of Informational Asymmetries Author(s): Anke Kessler Published May 2003
DP3910	The Euro is Good After All: Evidence from Corporate Valuations Author(s): Arturo Bris, Yrjö Koskinen, Mattias Nilsson Published May 2003
DP3909	The Monetary Consequences of A Free Trade Area of the Americas Author(s): Barry Eichengreen, Alan M. Taylor Published May 2003
DP3908	Understanding Reserve Volatility in Emerging Markets: A Look at the Long-Run Author(s): Ricarda Demarmels, Andreas M Fischer Published April 2003
DP3907	Delegated Job Design Author(s): Hans K Hvide, Todd Kaplan Published April 2003
DP3906	Teen Births Keep American Crime High Author(s): Jennifer Hunt Published May 2003
DP3905	Household Labour Supply and Welfare Participation in Sweden Author(s): Lennart Flood, Jörgen Hansen, Roger Wahlberg Published May 2003
DP3904	On the Trend Recognition and Forecasting Ability of Professional Traders Author(s): Markus Glaser, Thomas Langer, Martin Weber Published May 2003
DP3902	The Elusive Gains from International Financial Integration Author(s): Pierre-Olivier Gourinchas, Olivier Jeanne Published May 2003
DP3901	Insisting on a Non-negative Price: Oligopoly, Uncertainty, Welfare and Multiple Equilibria Author(s): Johan N. M. Lagerlöf Published May 2003
DP3900	The Price of Future Liquidity: Time-Varying Liquidity in the US Treasury Market Author(s): David Goldreich, Bernd Hanke, Purnendu Nath Published May 2003
DP3899	Taylor Rules in Practice: How Central Banks can Intercept Sunspot Expectations Author(s): Mark Weder Published May 2003
DP3898	Money and the Transmission Mechanism in the Optimizing IS-LM Specification Author(s): Edward Nelson Published May 2003
DP3897	The Future of Monetary Aggregates in Monetary Policy Analysis Author(s): Edward Nelson Published May 2003
DP3896	The Macroeconomics of Early Retirement Author(s): José Ignacio Conde-Ruiz, Vincenzo Galasso Published May 2003
DP3895	The Zero-Interest Rate Bound and the Role of the Exchange Rate for Monetary Policy in Japan Author(s): Günter Coenen, Volker Wieland Published May 2003
DP3894	Exchange Rate Pass-Through in Candidate Countries Author(s): Fabrizio Coricelli, Bostjan Jazbec, Igor Masten Published May 2003
DP3893	Leading Indicators for Euro Area Inflation and GDP Growth Author(s): Anindya Banerjee, Massimiliano Marcellino, Igor Masten Published May 2003
DP3892	Price Stability and Monetary Policy Effectiveness when Nominal Interest Rates are Bounded at Zero Author(s): Günter Coenen, Athanasios Orphanides, Volker Wieland Published May 2003
DP3891	The Determinants of Employee Crime in the UK Author(s): Neil Rickman, Robert Witt Published May 2003
DP3890	Are Household Portfolios Efficient? An Analysis Conditional on Housing Author(s): Loriana Pelizzon, Guglielmo Weber Published May 2003
DP3889	Cross-Country Determinants of Mergers and Acquisitions Author(s): Stefano Rossi, Paolo Volpin Published May 2003
DP3888	Strategic Choice of Financing Systems in Regulated and Interconnected Industries Author(s): Anna Bassanini, Jérôme Pouyet Published May 2003
DP3887	Monetary-Fiscal Mix and Inflation Performance: Evidence from the US Author(s): Carlo A. Favero, Tommaso Monacelli Published May 2003
DP3886	Citizen Candidacy with Asymmetric Information Author(s): Georges Casamatta, Wilfried Sand-Zantman Published May 2003
DP3885	On the Influence of Extreme Parties in Electoral Competition with Policy-Motivated Candidates Author(s): Georges Casamatta, Philippe De Donder Published May 2003
DP3884	Are we Better Off if our Politicians Have More Information? Author(s): Johan N. M. Lagerlöf Published May 2003
DP3883	Freidman's Money Supply Rule versus Optimal Interest Rate Policy Author(s): George W. Evans, Seppo Honkapohja Published May 2003
DP3882	The New Comparative Economics Author(s): Simeon Djankov, Edward L Glaeser, Florencio López-de-Silanes, Andrei Shleifer Published May 2003
DP3881	Tax Incentives to Saving and Borrowing Author(s): Tullio Jappelli, Luigi Pistaferri Published May 2003
DP3880	The Political Economy of European Merger Control: Evidence Using Stock Market Data Author(s): Tomaso Duso, Damien J Neven, Lars-Hendrik Röller Published April 2003
DP3879	The Effectiveness of Structural Policy in the European Union: An Empirical Analysis for the EU-15 during the Period 1995-2001 Author(s): Maaike Beugelsdijk, Sylvester C W Eijffinger Published April 2003
DP3878	An Equilibrium Approach to International Merger Policy Author(s): Luís M B Cabral Published April 2003
DP3877	Trade, Wages and the Political Economy of Trade Protection: Evidence from the Colombian Trade Reforms Author(s): Pinelopi Koujianou Goldberg, Nina Pavcnik Published April 2003
DP3876	Airbus versus Boeing Revisited: International Competition in the Aircraft Market Author(s): Douglas Irwin, Nina Pavcnik Published April 2003
DP3875	The Role of Human Capital Investments in the Location Decisions of Firms Author(s): Niko Matouschek, Frédéric Robert-Nicoud Published April 2003
DP3874	The Response of the Informal Sector to Trade Liberalization Author(s): Pinelopi Koujianou Goldberg, Nina Pavcnik Published April 2003
DP3873	How do Firms Agglomerate? A Study of FDI in France Author(s): Matthieu Crozet, Thierry Mayer, Jean-Louis Mucchielli Published April 2003
DP3872	Information Diffusion in International Markets Author(s): Alejandro Izquierdo, Jacques Morisset, Marcelo Olarreaga Published April 2003
DP3871	Employment Protection and Globalization in Dynamic Oligopoly Author(s): Gerda Dewit, Dermot Leahy, Catia Montagna Published April 2003
DP3870	Fatal Attraction Author(s): Tamim Bayoumi, Giorgio Fazio, Manmohan Kumar, Ronald MacDonald Published April 2003
DP3869	Deflation: Prevention and Cure Author(s): Willem H. Buiter Published April 2003
DP3868	Portfolio Choice with Internal Habit Formation: A Life-Cycle Model with Uninsurable Labour Income Risk Author(s): Francisco J Gomes, Alexander Michaelides Published April 2003
DP3867	Learning and Syndication in Venture Capital Investments Author(s): Catherine Casamatta, Carole Haritchabalet Published April 2003
DP3866	Endogenous Policy Leads to Inefficient Risk-Sharing Author(s): Marco Celentani, José Ignacio Conde-Ruiz, Klaus Desmet Published April 2003
DP3865	Banks and Markets: the Changing Character of European Finance Author(s): Raghuram G Rajan, Luigi Zingales Published May 2003
DP3864	Entrepreneurs and New Ideas Author(s): Bruno Biais, Enrico C Perotti Published April 2003
DP3863	Education, Growth and Income Inequality Author(s): Coen N Teulings, Thijs van Rens Published April 2003
DP3862	Paying for Performance: The Effect of Teachers' Financial Incentives on Students' Scholastic Outcomes Author(s): Victor Lavy Published April 2003
DP3861	How Large are Search Frictions? Author(s): Pieter A. Gautier, Coen N Teulings Published April 2003
DP3860	Is Strong Reciprocity a Maladaption? On the Evolutionary Foundations of Human Altruism Author(s): Ernst Fehr, Joseph Henrich Published April 2003
DP3859	The Wrong Kind of Transparency Author(s): Andrea Prat Published April 2003
DP3858	A Nationwide Laboratory Examining Trust and Trustworthiness by Integrating Behavioural Experiments into Representative Surveys Author(s): Ernst Fehr, Urs Fischbacher, Jürgen Schupp, Bernhard von Rosenbladt, Gert Georg Wagner Published April 2003
DP3857	Decentralization and Political Institutions Author(s): Ruben Enikolopov, Ekaterina Zhuravskaya Published April 2003
DP3856	Prisoners' Other Dilemma Author(s): Matthias Blonski, Giancarlo Spagnolo Published April 2003
DP3855	Opportunistic Political Cycles: Test in a Young Democracy Setting Author(s): Akhmed Akhmedov, Alexei Ravitchev, Ekaterina Zhuravskaya Published April 2003
DP3854	Monopoly Rights can Reduce Income Big Time Author(s): Berthold Herrendorf, Arilton Teixeira Published April 2003
DP3853	What are Falling Transport Costs doing to Spatial Concentration Across US Counties? Author(s): Klaus Desmet, Marcel Fafchamps Published March 2003
DP3852	Optimal Financial Market Integration and Security Design Author(s): Viral V. Acharya, Alberto Bisin Published March 2003
DP3851	Regulation and Investment Author(s): Alberto F Alesina, Silvia Ardagna, Giorgio Nicoletti, Fabio Schiantarelli Published March 2003
DP3850	Optimal Public Policy for Venture Capital Backed Innovation Author(s): Christian Keuschnigg Published March 2003
DP3849	Icelandic Fisheries Management: Fees versus Quotas Author(s): Thorvaldur Gylfason, Martin Weitzman Published March 2003
DP3848	Aggregate Growth and the Efficiency of Labour Reallocation Author(s): Simon Burgess, Daniel Mawson Published March 2003
DP3847	The Effect of Employment Protection on Worker Effort: A Comparison of Absenteeism During and After Probation Author(s): Andrea Ichino, Regina Riphahn Published March 2003
DP3846	Digital Goods and the New Economy Author(s): Danny Quah Published March 2003
DP3845	Trade Liberalization and Globalization: A Survey Author(s): Arye L. Hillman Published March 2003
DP3844	Stock Prices, News and Economic Fluctuations Author(s): Paul Beaudry, Franck Portier Published March 2003
DP3843	Which Investors Fear Expropriation? Evidence from Investors' Stock Picking Author(s): Mariassunta Giannetti, Andrei Simonov Published March 2003
DP3842	Efficiency-Enhancing Signalling in the Samaritan's Dilemma Author(s): Johan N. M. Lagerlöf Published March 2003
DP3841	On the Desirability of an Efficiency Defense in Merger Control Author(s): Paul Heidhues, Johan N. M. Lagerlöf Published March 2003
DP3840	Russia's European Economic Integration: Escapism and Realities Author(s): Carl B Hamilton Published March 2003
DP3839	Weddings with Uncertain Prospects - Mergers under Asymmetric Information Author(s): Thomas Borek, Stefan Bühler, Armin Schmutzler Published March 2003
DP3838	Agglomeration and Economic Geography Author(s): Gianmarco Ottaviano, Jacques-François Thisse Published March 2003
DP3837	University Spillovers: Strategic Location and New Firm Performance Author(s): David B Audretsch, Erik E Lehmann, Susanne Warning Published March 2003
DP3836	Infrastructure Quality in Deregulated Industries: Is there an Underinvestment Problem? Author(s): Men-Andri Benz, Stefan Bühler, Armin Schmutzler Published March 2003
DP3835	Determinants of Interregional Mobility in Russia: Evidence from Panel Data Author(s): Yuri Andrienko, Sergei Guriev Published March 2003
DP3834	Clean Evidence on Peer Pressure Author(s): Armin Falk, Andrea Ichino Published March 2003
DP3833	Export Pricing of Foreign Firms in Hungary: Estimations for 1992-96 Author(s): László Halpern, Miklós Koren Published March 2003
DP3832	Heterogeneity of Investors and Asset Pricing in a Risk-Value World Author(s): Günter Franke, Martin Weber Published March 2003
DP3831	Changes in the Functional Structure of Firms and the Demand for Skill Author(s): Eric Maurin, David Thesmar Published March 2003
DP3830	Changes in Job Security and their Causes: An Empirical Analysis for France, 1982-2002 Author(s): Pauline Givord, Eric Maurin Published March 2003
DP3829	Investments and Network Competition Author(s): Carlo Cambini, Tommaso Valletti Published March 2003
DP3828	The Rise and Fall of Swiss Unemployment Author(s): Patrick A Puhani Published March 2003
DP3826	The Real Effects of Investor Sentiment Author(s): Christopher Polk, Paola Sapienza Published March 2003
DP3825	What is the Value Added by Caseworkers? Author(s): Michael Lechner, Jeffrey Smith Published March 2003
DP3824	Price Squeezes in a Regulatory Environment Author(s): Jan Bouckaert, Frank Verboven Published February 2003
DP3823	Export-Platform Foreign Direct Investment Author(s): Karolina Ekholm, Rikard Forslid, James R. Markusen Published March 2003
DP3822	The Origination and Evolution of Ownership and Control Author(s): Julian R Franks, Colin Mayer, Stefano Rossi Published March 2003
DP3821	Estimating Loss Function Parameters Author(s): Graham Elliott, Ivana Komunjer, Allan Timmermann Published March 2003
DP3820	Benchmarking Structural Change in Transition Author(s): Martin Raiser, Mark E Schaffer, Johannes Schuchhardt Published March 2003
DP3819	Do Oppositional Identities Reduce Employment for Ethnic Minorities? Author(s): Harminder Battu, MacDonald Mwale, Yves Zenou Published March 2003
DP3818	The Effects of Overcrowded Housing on Children's Performance at School Author(s): Dominique Goux, Eric Maurin Published March 2003
DP3817	Land Inequality and the Origin of Divergence and Overtaking in the Growth Process: Theory and Evidence Author(s): Oded Galor, Omer Moav, Dietrich Vollrath Published March 2003
DP3816	Compatibility Decisions, Endogenous Installed Home Bases and the Third-Market Competition Author(s): Uwe Walz, Bernd Woeckener Published March 2003
DP3815	Compatibility Standards and Strategic Trade Policy Author(s): Uwe Walz, Bernd Woeckener Published March 2003
DP3814	Strategic Experimentation with Exponential Bandits Author(s): Martin William Cripps, R Godfrey Keller, Sven Rady Published March 2003
DP3813	Using and Abusing Economic Theory Author(s): Paul Klemperer Published March 2003
DP3812	Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy Author(s): Günter Coenen, Andrew Levin, Volker Wieland Published March 2003
DP3811	Monetary Policy and Uncertainty about the Natural Unemployment Rate Author(s): Volker Wieland Published March 2003
DP3810	Efficient Unemployment Insurance Time Path Author(s): Tomer Blumkin, Yossi Hadar, Eran Yashiv Published March 2003
DP3809	On the Selection of Forecasting Models Author(s): Atsushi Inoue, Lutz Kilian Published March 2003
DP3808	Can Information Heterogeneity Explain the Exchange Rate Determination Puzzle? Author(s): Philippe Bacchetta, Eric van Wincoop Published February 2003
DP3807	Geography and Export Performance: External Market Access and Internal Supply Capacity Author(s): Stephen J. Redding, Anthony Venables Published February 2003
DP3806	Organized Crime, Corruption and Punishment Author(s): Maurice Kugler, Thierry Verdier, Yves Zenou Published February 2003
DP3805	Multinational Enterprises, International Trade and Productivity Growth: Firm-Level Evidence from the US Author(s): Wolfgang Keller, Stephen R Yeaple Published February 2003
DP3804	From Natural Resources to High-tech Production: The Evolution of Industrial Competitiveness in Sweden and Finland Author(s): Magnus Blomström, Ari Kokko Published February 2003
DP3803	Markov Switching Causality and the Money-Output Relationship Author(s): Zacharias Psaradakis, Morten O Ravn, Martin Sola Published February 2003
DP3802	Gross Job Flows in Ukraine: Size, Ownership and Trade Effects Author(s): Jozef Konings, Olga Kupets, Hartmut Lehmann Published February 2003
DP3801	Anatomy of Voting Behaviour and Attitudes During Post-Communist Transition Czech Republic 1990-98 Author(s): Orla Doyle, Jan Fidrmuc Published February 2003
DP3800	Land and Power Author(s): Jean-Marie Baland, James A Robinson Published February 2003
DP3799	The Credibility of the Hungarian Exchange Rate Regime 1997-98 Author(s): Adam Szeidl Published February 2003
DP3798	Migration and Regional Adjustment to Asymmetric Shocks in Transition Economies Author(s): Jan Fidrmuc Published February 2003
DP3797	Public Finance and the Optimal Speed of Transition Author(s): Micael Castanheira Published February 2003
DP3796	Job Reallocation and Productivity Growth Under Alternative Economic Systems and Policies: Evidence from the Soviet Transition Author(s): J David Brown, John S Earle Published February 2003
DP3795	Portfolio Choice with Illiquid Assets Author(s): Miklós Koren, Adam Szeidl Published February 2003
DP3794	Financial Crisis, Economic Recovery and Banking Development in Former Soviet Union Economies Author(s): Haizhou Huang, Dalia Marin, Chenggang Xu Published February 2003
DP3793	Public Subsidies for Open Source? Some Economic Policy Issues of the Software Market Author(s): Klaus M. Schmidt, Monika Schnitzer Published February 2003
DP3792	Unions and Innovation: A Survey of the Theory and Empirical Evidence Author(s): Naercio Menezes-Filho, John Van Reenen Published January 2003
DP3791	The Economic Effects of the 1918 Influenza Epidemic Author(s): Elizabeth Brainerd, Mark V Siegler Published February 2003
DP3790	Equilibrium Incentive Contracts Author(s): Espen R Moen, Åsa Rosén Published February 2003
DP3789	Government Bonds in Domestic and Foreign Currency: The Role of Macroeconomic and Institutional Factors Author(s): Stijn Claessens, Daniela Klingebiel, Sergio Schmukler Published February 2003
DP3788	Law Enforcement under Incomplete Law: Theory and Evidence from Financial Market Regulation Author(s): Katharina Pistor, Chenggang Xu Published February 2003
DP3787	A New Method for Estimating Public Sector Pay Premia: Evidence from Britain in the 1990's Author(s): Richard F Disney, Amanda Gosling Published February 2003
DP3786	Evaluating the Employment Impact of a Mandatory Job Search Programme Author(s): Richard Blundell, Monica Costa Dias, Costas Meghir, John Van Reenen Published February 2003
DP3785	Learning to Forget? Contagion and Political Risk in Brazil Author(s): Marcus Miller, Kannika Thampanishvong, Lei Zhang Published February 2003
DP3784	Delay in Contests Author(s): Helmut Bester, Kai A. Konrad Published February 2003
DP3783	The Exchange Rate and Inflation in the UK Author(s): Amit Kara, Edward Nelson Published February 2003
DP3782	Property Crime with Private Protection: A Market-for-Offenses Approach Author(s): Louis Hotte, Fabrice Valognes, Tanguy van Ypersele Published February 2003
DP3780	Interpreting European and US Labour Market Differences: The Specificity of Human Capital Investments Author(s): Etienne Wasmer Published January 2003
DP3779	Trade, Finance, Specialization and Synchronization Author(s): Jean Imbs Published April 2003
DP3778	Voting on Pensions with Endogenous Retirement Age Author(s): Georges Casamatta, Helmuth Cremer, Pierre Pestieau Published January 2003
DP3777	Imports, Entry and Competition Law as Market Disciplines Author(s): Bernard Hoekman, Hiau Looi Kee Published February 2003
DP3776	The Impact of School Inputs on Student Performance: An Empirical Study of Private Schools in the UK Author(s): Kathryn Graddy, Margaret Stevens Published February 2003
DP3775	The Economics of Foreign Direct Investment Incentives Author(s): Magnus Blomström, Ari Kokko Published February 2003
DP3774	On Second Price Auctions and Imperfect Competition Author(s): Patrick W. Schmitz Published February 2003
DP3773	Capital-Skill Complementarity and the Redistributive Effects of Social Security Reform Author(s): Alessandra Casarico, Carlo Devillanova Published February 2003
DP3771	Is Aggregation a Problem for Sovereign Debt Restructuring? Author(s): Barry Eichengreen, Ashoka Mody Published February 2003
DP3770	On the Wage Growth of Immigrants: Israel, 1990-2000 Author(s): Zvi Eckstein, Yoram Weiss Published February 2003
DP3769	International Financial Integration Author(s): Philip R. Lane, Gian Maria Milesi-Ferretti Published February 2003
DP3768	EU Enlargement and Beyond: A Simulation Study on EU and CIS Integration Author(s): Pekka Sulamaa, Mika Widgrén Published February 2003
DP3767	Dynastic Management Author(s): Francesco Caselli, Nicola Gennaioli Published February 2003
DP3766	Optimal Competition: A Benchmark for Competition Policy Author(s): Jan Boone Published February 2003
DP3764	Which International Institutions Promote International Trade? Author(s): Andrew K Rose Published January 2003
DP3763	Endogenous Monetary Policy with Unobserved Potential Output Author(s): Alex Cukierman, Francesco Lippi Published February 2003
DP3762	Human Capital and Inward FDI Author(s): Magnus Blomström, Ari Kokko Published February 2003
DP3761	The Inflation Bias Revisited: Theory and Some International Evidence Author(s): Alex Cukierman, Stefan Gerlach Published February 2003
DP3760	Monopoly Pricing of 'Cyclical' Goods Author(s): Ramon Caminal Published February 2003
DP3759	Common Vulnerabilities Author(s): Ashoka Mody, Mark P Taylor Published February 2003
DP3758	Is Official Exchange Rate Intervention Effective? Author(s): Mark P Taylor Published February 2003
DP3757	International Capital Crunches: The Time-Varying Role of Informational Asymmetries Author(s): Ashoka Mody, Mark P Taylor Published February 2003
DP3756	Choice-Based Elicitation and Decomposition of Decision Weights for Gains and Losses Under Uncertainty Author(s): Mohammed Abdellaoui, Frank Vossman, Martin Weber Published February 2003
DP3755	Factor Endowments and Production in European Regions Author(s): Stephen J. Redding, Mercedes Vera-Martin Published February 2003
DP3754	Inequality, Environmental Protection and Growth Author(s): Laura Marsiliani, Thomas I Renström Published February 2003
DP3753	Political Shocks, Public Debt and the Design of Monetary and Fiscal Institutions Author(s): Roel Beetsma, A Lans Bovenberg Published February 2003
DP3752	Integration, Regional Agglomeration and International Trade Author(s): Philippe Monfort, Tanguy van Ypersele Published February 2003
DP3751	Adjusting Labour Demand: Multinational versus National Firms- A Cross-European Analysis Author(s): Giorgio Barba Navaretti, Daniele Checchi, Alessandro Antonio Turrini Published February 2003
DP3750	Can Business and Social Networks Explain the Border Effect Puzzle? Author(s): Pierre-Philippe Combes, Miren Lafourcade, Thierry Mayer Published February 2003
DP3749	Asset Pricing with Liquidity Risk Author(s): Viral V. Acharya, Lasse Heje Pedersen Published February 2003
DP3748	Regulation with Wage Bargaining Author(s): Dag Morten Dalen, Espen R Moen, Nils-Henrik M Von der Fehr Published February 2003
DP3747	An Information-Based Trade-off Between Foreign Direct Investment and Foreign Portfolio Investment: Volatility, Transparency and Welfare Author(s): Itay Goldstein, Assaf Razin Published February 2003
DP3746	Price Dispersions in Monetary Unions: The Role of Fiscal Shocks Author(s): Fabio Canova, Evi Pappa Published February 2003
DP3745	The Bank's Market Power and the Interest Rate Elasticity of Demand for Housing: An Econometric Study of Discrimination on French Mortgage Data Author(s): Robert J. Gary-Bobo, Sophie Larribeau Published February 2003
DP3744	Regional Policies and EU Enlargement Author(s): Michele Boldrin, Fabio Canova Published February 2003
DP3743	Information Contagion and Inter-Bank Correlation in a Theory of Systemic Risk Author(s): Viral V. Acharya, Tanju Yorulmazer Published February 2003
DP3742	Crises and Punishment: Moral Hazard and the Pre-1914 International Financial Architecture Author(s): Marc Flandreau Published February 2003
DP3741	Export versus FDI Author(s): Elhanan Helpman, Marc J Melitz, Stephen R Yeaple Published February 2003
DP3740	Spatial Mismatch: From the Hypothesis to the Theories Author(s): Laurent Gobillon, Harris Selod, Yves Zenou Published February 2003
DP3739	Distance, Skill Deepening and Development: Will Peripheral Countries Ever Get Rich? Author(s): Stephen J. Redding, Peter K. Schott Published February 2003
DP3738	Indirect Network Effects and Adoption Externalities Author(s): Jeffrey Church, Neil Gandal, David Krause Published February 2003
DP3737	Managerial Incentives and the International Organization of Production Author(s): Gene M. Grossman, Elhanan Helpman Published February 2003
DP3736	Working-Time Regulation, Firm Heterogeneity, and Efficiency Author(s): Javier Ortega Published February 2003
DP3735	Exchange Rates, Equity Prices and Capital Flows Author(s): Harald Hau, Hélène Rey Published February 2003
DP3734	Learning by Doing and Multiproduction Effects Over the Life Cycle: Evidence from the Semiconductor Industry Author(s): Ralph Siebert Published February 2003
DP3733	Voting with your Children: A Positive Analysis of Child Labour Laws Author(s): Matthias Doepke, Fabrizio Zilibotti Published February 2003
DP3732	Strategy Dynamics through a Demand-Based Lens: The Evolution of Market Boundaries, Resource Rents and Competitive Positions Author(s): Ron Adner, Peter Zemsky Published February 2003
DP3731	Spatial Mismatch, Search Effort and Urban Spatial Structure Author(s): Anthony A. Smith Jr, Yves Zenou Published February 2003
DP3730	Optimal Fiscal and Monetary Policy: Equivalence Results Author(s): Isabel Correia, Juan Pablo Nicolini, Pedro Teles Published February 2003
DP3729	Coordination Failure, Moral Hazard and Sovereign Bankruptcy Procedures Author(s): Sayantan Ghosal, Marcus Miller Published February 2003
DP3727	Environmental Policy and Capital Movements: The Role of Government Commitment Author(s): Laura Marsiliani, Thomas I Renström Published January 2003
DP3726	More Evidence on the Dollar Risk Premium in the Foreign Exchange Market Author(s): Dennis Bams, Kim Walkowiak, Christian C Wolff Published January 2003
DP3725	Exchange Rate Dynamics, Learning and Misperception Author(s): Pierre-Olivier Gourinchas, Aaron Tornell Published January 2003
DP3724	Employment Consequences of Restrictive Permanent Contracts: Evidence from Spanish Labour Market Reforms Author(s): Virginia Hernanz, Juan F Jimeno, Adriana D. Kugler Published January 2003
DP3723	The Law of Primogeniture and the Transition from Landed Aristocracy to Industrial Democracy Author(s): Graziella Bertocchi Published January 2003
DP3722	Search Intensity, Cost of Living and Local Labour Markets in Britain Author(s): Eleonora Patacchini, Yves Zenou Published January 2003
DP3721	Capital Requirements, Market Power and Risk-Taking in Banking Author(s): Rafael Repullo Published January 2003
DP3720	Formula Approaches for Market Access Negotiations Author(s): Joseph Francois, Will Martin Published January 2003
DP3719	Relaxing the Restrictions on the Temporary Movements of Natural Persons: A Simulation Analysis Author(s): Terri Louise Walmsley, L. Alan Winters Published January 2003
DP3718	From Farmers to Merchants: A Human Capital Interpretation of Jewish Economic History Author(s): Maristella Botticini, Zvi Eckstein Published January 2003
DP3717	Judging Fund Managers by the Company They Keep Author(s): Randolph Cohen, Joshua Coval, Lubos Pástor Published January 2003
DP3716	Some Observations on the Great Depression in Germany Author(s): Mark Weder Published January 2003
DP3715	PPP Strikes Back: Aggregation and the Real Exchange Rate Author(s): Jean Imbs, Haroon Mumtaz, Morten O Ravn, Hélène Rey Published January 2003
DP3714	The Choice of Exchange Rate Regime and Speculative Attacks Author(s): Alex Cukierman, Itay Goldstein, Yossi Spiegel Published January 2003
DP3713	Optimal and Time-Consistent Monetary and Fiscal Policy with Heterogeneous Agents Author(s): Stefania Albanesi Published January 2003
DP3712	The Rise of Europe: Atlantic Trade, Institutional Change and Economic Growth Author(s): Daron Acemoglu, Simon Johnson, James A Robinson Published January 2003
DP3711	North-South and South-South Trade-Related Technology Diffusion: An Industry Level Analysis Author(s): Marcelo Olarreaga, Maurice Schiff, Yanling Wang Published January 2003
DP3710	Macroeconomics of International Price Discrimination Author(s): Giancarlo Corsetti, Luca Dedola Published January 2003
DP3709	The Economic Value of Flexibility When There is Disagreement Author(s): Arnoud W A Boot, Anjan Thakor Published January 2003
DP3708	Disagreement and Flexibility: A Theory of Optimal Security Issuance and Capital Structure Author(s): Arnoud W A Boot, Anjan Thakor Published January 2003
DP3707	Departure from Free Trade: A Survey Author(s): Arye L. Hillman Published January 2003
DP3706	Optimal Control and Filtering in Linear Forward-looking Economies: A Toolkit Author(s): Andrea Gerali, Francesco Lippi Published January 2003
DP3705	Kin Groups and Reciprocity: A Model of Credit Transactions in Ghana Author(s): Eliana La Ferrara Published February 2003
DP3704	Temporary Shocks and Unavoidable Transitions to a High-Unemployment Regime Author(s): Wouter Den Haan Published January 2003
DP3703	The Effect of Privatization and Competitive Pressure on Firms' Price-Cost Margins: Micro Evidence from Emerging Economies Author(s): Jozef Konings, Patrick Van Cayseele, Frederic Warzynski Published January 2003
DP3702	Why do Consumer Prices React Less than Import Prices to Exchange Rates? Author(s): Philippe Bacchetta, Eric van Wincoop Published January 2003
DP3699	Specialization, Firms and Markets: The division of Labour Between and Within Law Firms Author(s): Luis Garicano, Thomas Hubbard Published January 2003
DP3698	Monetary Policy and the Rule of Law Author(s): Sylvester C W Eijffinger, Patrick Stadhouders Published January 2003
DP3697	On the Consequences of State Dependent Preferences for the Pricing of Financial Assets Author(s): Jean-Pierre Danthine, John B Donaldson, Chrisos Giannikos, Hany Guirguis Published January 2003
DP3696	Dating the Euro Area Business Cycle Author(s): Michael J Artis, Massimiliano Marcellino, Tommaso Proietti Published January 2003
DP3695	Coordination of Capital Taxation Among Asymmetric Countries Author(s): Susana Peralta, Tanguy van Ypersele Published January 2003
DP3694	Household Stockholding in Europe: Where Do We Stand, and Where Do We Go? Author(s): Luigi Guiso, Michael Haliassos, Tullio Jappelli Published January 2003
DP3693	Are Intellectual Property Rights Unfair? Author(s): Gilles Saint-Paul Published January 2003
DP3692	Revisiting the Stability and Growth Pact: Grand Design or Internal Adjustment? Author(s): Marco Buti, Sylvester C W Eijffinger, Daniele Franco Published January 2003
DP3691	The Return of the Long-Run Phillips Curve Author(s): Liam Graham, Dennis J. Snower Published January 2003
DP3690	Long-Run Inflation-Unemployment Dynamics: The Spanish Phillips Curve and Economic Policy Author(s): Marika Karanassou, Hector Sala, Dennis J. Snower Published January 2003
DP3689	The ECB's Two Pillars Author(s): Stefan Gerlach Published January 2003
DP3688	Sovereign Risk, Credibility and the Gold Standard: 1870-1913 versus 1925-31 Author(s): Maurice Obstfeld, Alan M. Taylor Published January 2003
DP3687	Recession Aversion, Output and the Kydland-Prescott Barro-Gordon Model Author(s): Stefan Gerlach Published January 2003
DP3686	Credit Risk Analysis and Security Design Author(s): Roman Inderst, Holger M Mueller Published February 2003
DP3685	The Shape of Hiring and Separation Costs Author(s): Francis Kramarz, Marie-Laure Michaud Published January 2003
DP3684	Monetary Union, Institutions and Financial Market Integration, Italy 1862-1905 Author(s): Leandro Conte, Gianni Toniolo, Giovanni Vecchi Published January 2003
DP3683	Doctors without Borders: The Returns to an Occupational License for Soviet Immigrant Physicians in Israel Author(s): Adriana D. Kugler, Robert M Sauer Published January 2003
DP3680	Technology Shocks and Employment Author(s): Fabrice Collard, Harris Dellas Published January 2003
DP3679	Wage Rigidity and Monetary Union Author(s): Harris Dellas, George Tavlas Published January 2003
DP3678	Entrepreneurship Capital and Economic Performance Author(s): David B Audretsch, Max Keilbach Published January 2003
DP3677	On Income Inequality and Green Preferences Author(s): Laura Marsiliani, Thomas I Renström Published January 2003
DP3606	Can Equity Enhance Efficiency? Some Lessons from Climate Negotiations Author(s): Francesco Bosello, Barbara Buchner, Carlo Carraro, Davide Raggi Published February 2003
DP3476	The Great Divide and Beyond - Financial Architecture in Transition Author(s): Erik Berglof, Patrick Bolton Published February 2003
DP3244	Deposit Insurance and International Bank Deposits Author(s): Harry Huizinga, Gaëtan Nicodème Published March 2003

Total Papers Listed: 475

List update: 25/12/2020 05:12:24