DP5442 | Leniency Policies and Illegal Transactions Author(s): Paolo Buccirossi, Giancarlo Spagnolo Published December 2005 |
DP5440 | Trends in Hours and Economic Growth Author(s): Liwa Rachel Ngai, Christopher Pissarides Published December 2005 |
DP5439 | Does Immigration Affect the Long-Term Educational Outcomes of Natives? Quasi-Experimental Evidence Author(s): Eric D Gould, Victor Lavy, M. Daniele Paserman Published December 2005 |
DP5438 | Hours of Work and Gender Identity: Does Part-Time Work Make the Family Happier? Author(s): Alison L Booth, Jan C. van Ours Published December 2005 |
DP5435 | Parametric Properties of Semi-Nonparametric Distributions, With Applications to Option Valuation Author(s): Ángel León, Javier Mencía, Enrique Sentana Published December 2005 |
DP5434 | A Mechanism-Design Approach to Speculative Trade Author(s): Kfir Eliaz, Ran Spiegler Published December 2005 |
DP5433 | Speculative Contracts Author(s): Kfir Eliaz, Ran Spiegler Published December 2005 |
DP5432 | The Ownership of Ratings Author(s): Antoine Faure-Grimaud, Eloïc Peyrache, Lucía Quesada Published December 2005 |
DP5429 | Machines as Engines of Growth Author(s): Joseph Zeira Published December 2005 |
DP5428 | Technological Revolutions and Stock Prices Author(s): Lubos Pástor, Pietro Veronesi Published December 2005 |
DP5426 | Monitoring Works: Getting Teachers to Come to School Author(s): Esther Duflo, Rema Hanna Published December 2005 |
DP5425 | Distribution Risk and Equity Returns Author(s): Jean-Pierre Danthine, John B Donaldson, Paolo Siconolfi Published December 2005 |
DP5424 | Optimal Inflation Stabilization in a Medium-Scale Macroeonomic Model Author(s): Stephanie Schmitt-Grohé, Martín Uribe Published December 2005 |
DP5423 | Does Bilateralism Promote Trade? Nineteenth Century Liberalization Revisited Author(s): Olivier Accominotti, Marc Flandreau Published December 2005 |
DP5422 | Innovation, Machine Replacement and Productivity Author(s): Omar Licandro, María Reyes Maroto Illera, Luis Puch Published December 2005 |
DP5421 | Do Men and Women Economists Choose the Same Research Fields?: Evidence From Top 50 Departments Author(s): Miguel Almunia, Juan J. Dolado, Florentino Felgueroso Published December 2005 |
DP5420 | Demand-Based Option Pricing Author(s): Nicolae Bogdan Garleanu, Lasse Heje Pedersen, Allen M Poteshman Published December 2005 |
DP5419 | Where did the Productivity Growth Go? Inflation Dynamics and the Distribution of Income Author(s): Ian Dew-Becker, Robert J Gordon Published December 2005 |
DP5418 | Did Vasco da Gama Matter for European Markets? Testing Frederick Lane's Hypotheses Fifty Years Later Author(s): Kevin Hjortshøj O'Rourke, Jeffrey G Williamson Published December 2005 |
DP5417 | Information Gathering, Transaction Costs and the Property Rights Approach Author(s): Patrick W. Schmitz Published December 2005 |
DP5416 | The Unsustainable US Current Account Position Revisited Author(s): Maurice Obstfeld, Kenneth Rogoff Published December 2005 |
DP5415 | Top Research Productivity and its Persistence Author(s): Stijn Kelchtermans, Reinhilde Veugelers Published December 2005 |
DP5414 | The Short-Run Dynamics of Optimal Growth Models with Delays Author(s): Fabrice Collard, Omar Licandro, Luis Puch Published December 2005 |
DP5413 | What Caused the Decline in U. S. Business Cycle Volatility? Author(s): Robert J Gordon Published December 2005 |
DP5412 | The 1920s and the 1990s in Mutual Reflection Author(s): Robert J Gordon Published December 2005 |
DP5408 | Modeling the Offshoring of White-Collar Services: From Comparative Advantage to the New Theories of Trade and FDI Author(s): James R. Markusen Published December 2005 |
DP5407 | C-CAPM Without Ex Post Data Author(s): Paul Söderlind Published December 2005 |
DP5406 | The Elusive Costs and the Immaterial Gains of Fiscal Constraints Author(s): Fabio Canova, Evi Pappa Published December 2005 |
DP5405 | The 'Sense and Nonsense of Maastricht' Revisited: What Have We Learnt About Stabilization In EMU? Author(s): Willem H. Buiter Published December 2005 |
DP5404 | The Effects of Exogenous Oil Supply Shocks on Output and Inflation: Evidence from the G7 Countries Author(s): Lutz Kilian Published December 2005 |
DP5402 | The Todaro Paradox Revisited Author(s): Yves Zenou Published December 2005 |
DP5401 | Re-election Incentives and the Sustainability of International Cooperation Author(s): Paola Conconi, Nicolas Sahuguet Published December 2005 |
DP5400 | Discretionary Policy, Multiple Equilibria, and Monetary Instruments Author(s): Andreas Schabert Published December 2005 |
DP5399 | What Sectors Make the Poor Countries So Unproductive? Author(s): Berthold Herrendorf, Akos Valentinyi Published December 2005 |
DP5398 | 'Home Biases', 19th Century Style Author(s): Marc Flandreau Published December 2005 |
DP5396 | Competition for Railway Markets: The Case of Baden-Württemberg Author(s): Rafael Lalive, Armin Schmutzler Published December 2005 |
DP5395 | Time-Varying Pass-Through from Import Prices to Consumer Prices: Evidence from an Event Study with Real-Time Data Author(s): Marlene Amstad, Andreas M Fischer Published December 2005 |
DP5394 | A cost-of-living dynamic price index, with an application to indexing retirement accounts Author(s): Ricardo Reis Published December 2005 |
DP5393 | Inattentive Producers Author(s): Ricardo Reis Published December 2005 |
DP5392 | How Costly is it for Poor Farmers to Lift Themselves out of Subsistence? Author(s): Olivier Cadot, Laure Dutoit, Marcelo Olarreaga Published December 2005 |
DP5391 | Externalities, Communication and the Allocation of Decision Rights Author(s): Helmut Bester Published November 2005 |
DP5390 | Crime and Police Resources: The Street Crime Initiative Author(s): Stephen Machin, Olivier Marie Published November 2005 |
DP5389 | Crime, Location and the Housing Market Author(s): Yves Zenou Published November 2005 |
DP5388 | Policy Volatility, Institutions and Economic Growth Author(s): Antonio Fatás, Ilian Mihov Published November 2005 |
DP5387 | How the Eurosystem?s Treatment of Collateral in its Open Market Operations Weakens Fiscal Discipline in the Eurozone (and what to do about it) Author(s): Willem H. Buiter, Anne Sibert Published December 2005 |
DP5386 | Hypermarket Competition and the Diffusion of Retail Checkout Barcode Scanning Author(s): Jonathan Beck, Michal Grajek, Christian Wey Published November 2005 |
DP5385 | Competitive Markets with Endogenous Health Risks Author(s): Alberto Bennardo, Salvatore Piccolo Published December 2005 |
DP5384 | Real Business Cycle Models: Past, Present and Future Author(s): Sérgio Rebelo Published November 2005 |
DP5383 | Sugar Prices, Labour Income and Poverty in Brazil Author(s): Ekaterina Krivonos, Marcelo Olarreaga Published November 2005 |
DP5382 | The Impact of Mode 4 Liberalization on Bilateral Trade Flows Author(s): Marion Jansen, Roberta Piermartini Published November 2005 |
DP5381 | Network Competition and Entry Deterrence Author(s): Joan Calzada, Tommaso Valletti Published November 2005 |
DP5380 | Separating Selection and Incentive Effects in Health Insurance Author(s): Lucien Gardiol, Pierre-Yves Geoffard, Chantal Grandchamp Published November 2005 |
DP5379 | Competing for a Duopoly: International Trade and Tax Competition Author(s): Ben Ferrett, Ian Wooton Published November 2005 |
DP5378 | Shareholder Protection, Stock Market Development and Politics Author(s): Marco Pagano, Paolo Volpin Published November 2005 |
DP5377 | DSGE Models of High Exchange-Rate Volatility and Low Pass-Through Author(s): Giancarlo Corsetti, Luca Dedola, Sylvain Leduc Published December 2005 |
DP5376 | Towards a Theory of Firm Entry and Stabilization Policy Author(s): Paul R Bergin, Giancarlo Corsetti Published November 2005 |
DP5375 | Real Wage Rigidities and the New Keynesian Model Author(s): Olivier J Blanchard, Jordi Galí Published November 2005 |
DP5374 | Optimal Monetary and Fiscal Policy in a Currency Union Author(s): Jordi Galí, Tommaso Monacelli Published November 2005 |
DP5373 | Natural Selection and the Evolution of Life Expectancy Author(s): Oded Galor, Omer Moav Published November 2005 |
DP5372 | Asset Price Dynamics When Traders Care About Reputation Author(s): Amil Dasgupta, Andrea Prat Published November 2005 |
DP5371 | Do Entrenched Managers Pay Their Workers More? Author(s): Henrik Cronqvist, Fredrik Heyman, Mattias Nilsson, Helena Svaleryd, Jonas Vlachos Published December 2005 |
DP5370 | Stock Markets and Business Cycle Comovement in Germany Before World War I: Evidence from Spectral Analysis Author(s): Albrecht Ritschl, Martin Uebele Published December 2005 |
DP5369 | Fairness and the Optimal Allocation of Ownership Rights Author(s): Ernst Fehr, Susanne Kremhelmer, Klaus M. Schmidt Published November 2005 |
DP5368 | The Role of Equality and Efficiency in Social Preferences Author(s): Ernst Fehr, Michael Naef, Klaus M. Schmidt Published November 2005 |
DP5367 | What Can Rational Investors Do About Excessive Volatility and Sentiment Fluctuations? Author(s): Bernard J Dumas, Alexander Kurshev, Raman Uppal Published November 2005 |
DP5366 | Ethnic Diversity, Market Structure and Risk Sharing in Developing Countries Author(s): Mohamed Jellal, Yves Zenou Published November 2005 |
DP5365 | How Strong Buyers Spur Upstream Innovation Author(s): Roman Inderst, Christian Wey Published November 2005 |
DP5364 | Micro Evidence on the Adjustment of Sticky-Price Goods: It's How Often, Not How Much Author(s): Lorenz Goette, Rudolf Minsch, Jean-Robert Tyran Published December 2005 |
DP5363 | Evaluating the Performance of the Search and Matching Model Author(s): Eran Yashiv Published November 2005 |
DP5362 | Childhood Family Structure and Schooling Outcomes: Evidence for Germany Author(s): Marco Francesconi, Stephen P Jenkins, Thomas Siedler Published November 2005 |
DP5361 | Forecast Combinations Author(s): Allan Timmermann Published November 2005 |
DP5360 | The Impact of Terrorism Across Industries: An Empirical Study Author(s): Claude Berrebi, Esteban F Klor Published November 2005 |
DP5359 | The Impact of Parental Income and Education on the Health of their Children Author(s): Orla Doyle, Colm Harmon, Ian Walker Published December 2005 |
DP5358 | The Evolution of Cooperative Norms: Evidence from a Natural Field Experiment Author(s): Oriana Bandiera, Iwan Barankay, Imran Rasul Published November 2005 |
DP5357 | Gun Prevalence, Homicide Rates and Causality: A GMM Approach to Endogeneity Bias Author(s): Gary Kleck, Tomislav Kovandzic, Mark E Schaffer Published December 2005 |
DP5356 | Wars, Redistribution and Civilian Federal Expenditures in the US over the Twentieth Century Author(s): Roel Beetsma, Alex Cukierman, Massimo Giuliodori Published November 2005 |
DP5355 | Reconciling the Return Predictability Evidenc: In-Sample Forecasts, Out-of-Sample Forecasts, and Parameter Instability Author(s): Martin Lettau, Stijn van Nieuwerburgh Published November 2005 |
DP5354 | Human Capital, the Structure of Production, and Growth Author(s): Antonio Ciccone, Elias Papaioannou Published November 2005 |
DP5353 | Are loyalty-rewarding pricing schemes anti-competitive? Author(s): Ramon Caminal, Adina Claici Published November 2005 |
DP5352 | Non-synchronous Trading and Testing for Market Integration in Central European Emerging Markets Author(s): Peter C Schotman, Ania Zalewska Published November 2005 |
DP5351 | Oppositional Identities and the Labour Market Author(s): Harminder Battu, MacDonald Mwale, Yves Zenou Published November 2005 |
DP5350 | Size Really Doesn't Matter: In Search of a National Scale Effect Author(s): Andrew K Rose Published November 2005 |
DP5349 | Ireland in EMU: More Shocks, Less Insulation? Author(s): Patrick Honohan, Anthony J Leddin Published November 2005 |
DP5348 | Can Comparative Advantage Explain the Growth of US Trade? Author(s): Alejandro Cuñat, Marco Maffezzoli Published November 2005 |
DP5347 | Exchange Rate Pass-Through to Import Prices in the Euro Area Author(s): José Manuel Campa, Linda S. Goldberg, Jose Manuel González Mìnguez Published November 2005 |
DP5346 | The mechanisms of spatial mismatch Author(s): Laurent Gobillon, Harris Selod, Yves Zenou Published November 2005 |
DP5345 | Property Tax and Urban Sprawl. Theory and Implications for U.S. Cities Author(s): Yan Song, Yves Zenou Published November 2005 |
DP5344 | Is Human Capital Losing from Outsourcing? Evidence for Austria and Poland Author(s): Andzelika Lorentowicz, Dalia Marin, Alexander Raubold Published November 2005 |
DP5343 | Eliciting Demand Information through Cheap Talk: An Argument in Favour of Price Regulations Author(s): Lars Frisell, Johan N. M. Lagerlöf Published November 2005 |
DP5342 | Renascent Men or Entrepreneurship as a One-Night Stand: Entrepreneurial Intentions Subsequent to Firm Exit Author(s): David B Audretsch, Joris Meijaard, Erik Stam Published November 2005 |
DP5341 | Term Structure Estimation with Survey Data on Interest Rate Forecasts Author(s): Don H. Kim, Athanasios Orphanides Published November 2005 |
DP5340 | Jobs and Unemployment in Macroeconomic Theory: A Turbulence Laboratory Author(s): Lars Ljungqvist, Thomas J Sargent Published November 2005 |
DP5339 | Job Insecurity and Youth Emancipation: A Theoretical Approach Author(s): Sascha O. Becker, Samuel Bentolila, Ana Fernandes, Andrea Ichino Published November 2005 |
DP5338 | Youth Emancipation and Perceived Job Insecurity of Parents and Children Author(s): Sascha O. Becker, Samuel Bentolila, Ana Fernandes, Andrea Ichino Published November 2005 |
DP5337 | Do Global Trade Distortions Still Harm Developing Country Farmers? Author(s): Kym Anderson, Ernesto Valenzuela Published November 2005 |
DP5335 | Entrepreneurial Access and Absorption of Knowledge Spillovers: Strategic Board and Managerial Composition for Competitive Advantage Author(s): David B Audretsch, Erik E Lehmann Published November 2005 |
DP5334 | Skills, human capital and the plant productivity gap: UK evidence from matched plant, worker and workforce data Author(s): Jonathan Haskel, Denise Hawkes, Sonia Pereira Published November 2005 |
DP5333 | The Price and Quantity of Residential Land in the United States Author(s): Morris Davis, Jonathan Heathcote Published November 2005 |
DP5332 | Saving Incentives for Low- and Middle-Income Families: Evidence from a Field Experiment with H&R Block Author(s): Esther Duflo, William Gale, Jeff Liebman, Peter Orszag, Emmanuel Saez Published October 2005 |
DP5331 | Crime and Conformism Author(s): Eleonora Patacchini, Yves Zenou Published October 2005 |
DP5330 | Fiscal Rules and Fiscal Performance in the EU and Japan Author(s): Jürgen von Hagen Published October 2005 |
DP5329 | Who?s Who in Networks. Wanted: The Key Player Author(s): Coralio Ballester, Antoni Calvó-Armengol, Yves Zenou Published October 2005 |
DP5328 | Extending Choice In English Health Care: The implications of the economic evidence Author(s): Simon Burgess, Carol Propper, Deborah Wilson Published November 2005 |
DP5327 | Guide to Reform of Higher Education: A European Perspective Author(s): Bas Jacobs, Frederick van der Ploeg Published October 2005 |
DP5326 | The Knowledge Spillover Theory of Entrepreneurship Author(s): Zoltán J Acs, David B Audretsch, Pontus Braunerhjelm, Bo Carlsson Published October 2005 |
DP5325 | Dams Author(s): Esther Duflo, Rohini Pande Published October 2005 |
DP5324 | Rural Windfall or a New Resource Curse? Coca, Income and Civil Conflict in Colombia Author(s): Joshua Angrist, Adriana D. Kugler Published October 2005 |
DP5323 | The Effects of Entry on Incumbent Innovation and Productivity Author(s): Philippe Aghion, Richard Blundell, Rachel Griffith, Peter Howitt, Susanne Prantl Published October 2005 |
DP5322 | Precautionary Savings or Working Longer Hours? Author(s): Josep Pijoan-Mas Published October 2005 |
DP5321 | A Political-Economy Theory of Trade Agreements Author(s): Giovanni Maggi, Andres Rodriguez-Clare Published October 2005 |
DP5320 | The Cycle of Violence? An Empirical Analysis of Fatalities in the Palestinian-Israeli Conflict Author(s): David A. Jaeger, M. Daniele Paserman Published October 2005 |
DP5319 | Does Information Increase Political Support for Pension Reform? Author(s): Tito Boeri, Guido Tabellini Published October 2005 |
DP5318 | FDI, Allocation of Talents and Differences in Regulation Author(s): Giovanni Pica, José Vicente Rodríguez Mora Published October 2005 |
DP5317 | The Political Economy of Financial Fragility Author(s): Erik Feijen, Enrico C Perotti Published October 2005 |
DP5316 | Should You Take a Lump-Sum or Annuitize? Results from Swiss Pension Funds Author(s): Monika Bütler, Federica Teppa Published October 2005 |
DP5315 | Keeping the Board in the Dark: CEO Compensation and Entrenchment Author(s): Roman Inderst, Holger M Mueller Published October 2005 |
DP5314 | The Industrial Organization of Financial Market Information Production Author(s): Zhaohui Chen, William J Wilhelm Jr Published October 2005 |
DP5313 | New-Keynesian or RBC Transmission? The Effects of Fiscal Shocks in Labour Markets Author(s): Evi Pappa Published October 2005 |
DP5312 | Measuring Fiscal Sustainability Author(s): Vito Polito, Michael R. Wickens Published October 2005 |
DP5311 | The Log of Gravity Author(s): J.M.C Santos Silva, Silvana Tenreyro Published October 2005 |
DP5310 | Herding With and Without Payoff Externalities - An Internet Experiment Author(s): Mathias Drehmann, Jörg Oechssler, Andreas Roider Published October 2005 |
DP5309 | Blinder-Oaxaca Decomposition for Tobit Models Author(s): Thomas Bauer, Mathias Sinning Published October 2005 |
DP5308 | Black Sheep and Walls of Silence Author(s): Gerd Muehlheusser, Andreas Roider Published October 2005 |
DP5307 | Volatility and Development Author(s): Miklós Koren, Silvana Tenreyro Published October 2005 |
DP5306 | The Importance of Nontradeable Goods' Prices in Cyclical Real Exchange Rate Fluctuations Author(s): Ariel Tomas Burstein, Martin Eichenbaum, Sérgio Rebelo Published October 2005 |
DP5305 | Real-Time Model Uncertainty in the United States: the Fed from 1996-2003 Author(s): Brian Ironside, Robert J. Tetlow Published October 2005 |
DP5304 | How Useful is Bagging in Forecasting Economic Time Series? A Case Study of US CPI Inflation Author(s): Atsushi Inoue, Lutz Kilian Published October 2005 |
DP5303 | Identifying the Effects of Firing Restrictions Through Size-Contingent Differences in Regulation Author(s): Fabiano Schivardi, Roberto Torrini Published October 2005 |
DP5302 | Short-Run Italian GDP Forecasting and Real-Time Data Author(s): Roberto Golinelli, Giuseppe Parigi Published October 2005 |
DP5301 | Making A Difference Author(s): Patrick Francois Published October 2005 |
DP5300 | Heterogeneity in Consumer Price Stickiness: A Microeconometric Investigation Author(s): Denis Fougère, Hervé Le Bihan, Patrick Sevestre Published October 2005 |
DP5296 | The Public Pay Gap in Britain: Small Differences That (Don?t?) Matter Author(s): Fabien Postel-Vinay, Hélène Turon Published October 2005 |
DP5295 | Pooling-based data interpolation and backdating Author(s): Massimiliano Marcellino Published October 2005 |
DP5294 | Modelling and Forecasting Fiscal Variables for the euro Area Author(s): Carlo A. Favero, Massimiliano Marcellino Published October 2005 |
DP5293 | Individual Protection Against Property Crime: Decomposing the Effects of Protection Observability Author(s): Louis Hotte, Tanguy van Ypersele Published October 2005 |
DP5292 | Should Contractual Clauses that Forbid Renegotiation Always be Enforced? Author(s): Patrick W. Schmitz Published October 2005 |
DP5291 | Efficiency, Equity and Timing in Voting Mechanisms Author(s): Marco Battaglini, Rebecca Morton, Thomas R Palfrey Published October 2005 |
DP5290 | Learning to be an Entrepreneur Author(s): Luigi Guiso, Fabiano Schivardi Published October 2005 |
DP5289 | Optimal Delegation Author(s): Ricardo Alonso, Niko Matouschek Published October 2005 |
DP5288 | Trusting the Stock Market Author(s): Luigi Guiso, Paola Sapienza, Luigi Zingales Published October 2005 |
DP5287 | Collective Labour Supply: Heterogeneity and Non-Participation Author(s): Richard Blundell, Pierre-André Chiappori, Thierry Magnac, Costas Meghir Published October 2005 |
DP5286 | Wake Up and Smell the Ginseng: The Rise of Incremental Innovation in Low-Wage Countries Author(s): Diego Puga, Daniel Trefler Published October 2005 |
DP5285 | Labour Pooling in R&D Intensive Industries Author(s): Heiko A. Gerlach, Thomas Rønde, Konrad O Stahl Published November 2005 |
DP5284 | Keynesian Economics, Monetary Policy and the Business Cycle - New and Old Author(s): Alex Cukierman Published October 2005 |
DP5283 | Modelling the duration of patent examination at the European Patent Office Author(s): Dietmar Harhoff, Stefan Wagner Published October 2005 |
DP5282 | Fiscal-Monetary Policy Interactions in the Presence of Unionized Labour Markets Author(s): Alex Cukierman, Alberto Dalmazzo Published October 2005 |
DP5281 | Developing Rotten Institutions Author(s): Morgan Kelly Published October 2005 |
DP5280 | Consumption Taxes and Redistribution Author(s): Isabel Correia Published October 2005 |
DP5279 | Model Averaging and Value-at-Risk Based Evaluation of Large Multi-Asset Volatility Models for Risk Management Author(s): M Hashem Pesaran, Paolo Zaffaroni Published October 2005 |
DP5278 | Minorities and Storable Votes Author(s): Alessandra Casella, Thomas R Palfrey, Raymond Riezman Published October 2005 |
DP5277 | The EU Deposit Insurance Directive: Does One Size Fit All? Author(s): Harry Huizinga Published October 2005 |
DP5276 | Optimal Procurement When Both Price and Quality Matter Author(s): John Asker, Estelle Cantillon Published October 2005 |
DP5275 | Effects of Acquisitions on Product and Process Innovation and R&D Performance Author(s): Elena Cefis, Stephanie Rosenkranz, Utz Weitzel Published October 2005 |
DP5274 | A Political Economy Theory of the Soft Budget Constraint Author(s): James A Robinson, Ragnar Torvik Published October 2005 |
DP5273 | Income and Democracy Author(s): Daron Acemoglu, Simon Johnson, James A Robinson, Pierre Yared Published October 2005 |
DP5272 | Searching for Non-Monotonic Effects of Fiscal Policy: New Evidence Author(s): Marina Benedetti, Francesco Giavazzi, Tullio Jappelli, Marco Pagano Published October 2005 |
DP5271 | Data Revisions Are Not Well-Behaved Author(s): Boragan Aruoba Published October 2005 |
DP5270 | Where Are We Now? Real-Time Estimates of the Macro Economy Author(s): Martin D.D. Evans Published October 2005 |
DP5269 | Internet Security, Vulnerability Disclosure and Software Provision Author(s): Jay-Pil Choi, Chaim Fershtman, Neil Gandal Published October 2005 |
DP5268 | Forecast Combination and Model Averaging Using Predictive Measures Author(s): Jana Eklund, Sune Karlsson Published October 2005 |
DP5267 | Factor Adjustments after Deregulation: Panel Evidence from Colombian Plants Author(s): Marcela Eslava, John C Haltiwanger Jr, Adriana D. Kugler, Maurice Kugler Published October 2005 |
DP5266 | Factor Analysis in a New-Keynesian Model Author(s): Andreas Beyer, Roger E A Farmer, Jérôme Henry, Massimiliano Marcellino Published October 2005 |
DP5265 | Russia's Regions: Income Volatility, Labour Mobility and Fiscal Policy Author(s): Goohoon Kwon, Antonio Spilimbergo Published October 2005 |
DP5264 | How Much Market Access in FTAs? Textiles Under NAFTA Author(s): Olivier Cadot, Céline Carrère, Jaime de Melo, Alberto Portugal-Pérez Published October 2005 |
DP5263 | Trade and the Skill-Bias - It's Not How Much, But With Whom You Trade Author(s): Pushan Dutt, Daniel A. Traca Published October 2005 |
DP5262 | Foreign Direct Investment and Exports Dynamics with Demand Learning Author(s): Rossitsa Kotseva, Nikolaos Vettas Published October 2005 |
DP5261 | Rational Inattention: A Solution to the Forward Discount Puzzle Author(s): Philippe Bacchetta, Eric van Wincoop Published October 2005 |
DP5260 | Do Tariffs Matter for the Extensive Margin of International Trade? An Empirical Analysis Author(s): Peter Debaere, Shalah Mostashari Published September 2005 |
DP5259 | The Empirical Failure of the Expectations Hypothesis of the Term Structure of Bond Yields Author(s): Lucio Sarno, Daniel L Thornton, Giorgio Valente Published September 2005 |
DP5258 | Vertical Integration and Technology: Theory and Evidence Author(s): Daron Acemoglu, Philippe Aghion, Rachel Griffith, Fabrizio Zilibotti Published September 2005 |
DP5257 | Efficient Exclusion Author(s): Espen R Moen, Christian Riis Published September 2005 |
DP5256 | Effects of Employment Protection on Worker and Job Flows: Evidence from the 1990 Italian Reform Author(s): Adriana D. Kugler, Giovanni Pica Published September 2005 |
DP5255 | Indeterminacy in Dynamic Models: When Diamond Meets Ramsey Author(s): Teresa Lloyd-Braga, Carine Nourry, Alain Venditti Published September 2005 |
DP5254 | Small Fish - Big Issues The Effect of Trade Policy on the Global Shrimp Market Author(s): Peter Debaere Published September 2005 |
DP5253 | Financial Integration and Systemic Risk Author(s): Falko Fecht, Hans Peter Grüner Published September 2005 |
DP5252 | Why Are Some Public Officials More Corrupt Than Others? Author(s): Jennifer Hunt Published September 2005 |
DP5251 | Bribery: Who Pays, Who Refuses, What are the Payoffs? Author(s): Jennifer Hunt, Sonia Laszlo Published September 2005 |
DP5250 | Modeling Exchange Rate Passthrough After Large Devaluations Author(s): Ariel Tomas Burstein, Martin Eichenbaum, Sérgio Rebelo Published September 2005 |
DP5249 | Market Definition with Differentiated Products - Lessons from the Car Market Author(s): Randy Brenkers, Frank Verboven Published September 2005 |
DP5248 | Who wins and who loses from school accountability? The distribution of educational gain in English secondary schools Author(s): Simon Burgess, Carol Propper, Helen Slater, Deborah Wilson Published September 2005 |
DP5247 | Level Playing Fields in International Financial Regulation Author(s): Alan Morrison, Lucy White Published September 2005 |
DP5246 | Death and Development Author(s): Peter L. Lorentzen, John McMillan, Romain Wacziarg Published September 2005 |
DP5245 | Euler Equation Errors Author(s): Martin Lettau, Sydney C. Ludvigson Published September 2005 |
DP5244 | Peer Effects and Social Networks in Education and Crime Author(s): Antoni Calvó-Armengol, Eleonora Patacchini, Yves Zenou Published September 2005 |
DP5243 | The (Bad?) Timing of Mutual Fund Investors Author(s): Oded Braverman, Shmuel Kandel, Avi Wohl Published September 2005 |
DP5242 | Experts vs Discounters: Competition and Market Unravelling When Consumers Do Not Know What they Need Author(s): Uwe Dulleck, Rudolf Kerschbamer Published September 2005 |
DP5241 | Participation Games: Market Entry, Coordination and the Beautiful Blonde Author(s): Simon P Anderson, Maxim Engers Published September 2005 |
DP5240 | Minority Blocks and Takeover Premia Author(s): Mike Burkart, Denis Gromb, Fausto Panunzi Published September 2005 |
DP5239 | A Consistent Weighted Ranking Scheme with an Application to NCAA College Football Rankings Author(s): Itay Fainmesser, Chaim Fershtman, Neil Gandal Published September 2005 |
DP5238 | A Protectionist Bias in Majoritarian Politics Author(s): Gene M. Grossman, Elhanan Helpman Published September 2005 |
DP5237 | 'Aggregation Bias' DOES Explain the PPP Puzzle Author(s): Jean Imbs, Haroon Mumtaz, Morten O Ravn, Hélène Rey Published September 2005 |
DP5236 | Bargaining and Sustainability: The Argentine Debt Swap of 2005 Author(s): Amrita Dhillon, Javier García-Fronti, Sayantan Ghosal, Marcus Miller Published September 2005 |
DP5235 | Cities and Countries Author(s): Andrew K Rose Published September 2005 |
DP5234 | A Global Perspective on External Positions Author(s): Philip R. Lane, Gian Maria Milesi-Ferretti Published September 2005 |
DP5233 | Party Discipline and Pork-Barrel Politics Author(s): Gene M. Grossman, Elhanan Helpman Published September 2005 |
DP5232 | Non-stationary Hours in a DSGE Model Author(s): Yongsung Chang, Taeyoung Doh, Frank Schorfheide Published September 2005 |
DP5231 | Sabotage in Tournaments: Making the Beautiful Game a Bit Less Beautiful Author(s): Luis Garicano, Ignacio Palacios-Huerta Published September 2005 |
DP5229 | How Large are Search Frictions? Author(s): Pieter A. Gautier, Coen N Teulings Published October 2005 |
DP5228 | Political competition within and between parties: an application to environmental policy Author(s): Helmuth Cremer, Philippe De Donder, Firouz Gahvari Published September 2005 |
DP5227 | What's the monetary value of distributive justice? Author(s): Giacomo Corneo, Christina Fong Published September 2005 |
DP5226 | Rethinking the Gains from Immigration: Theory and Evidence from the US Author(s): Gianmarco Ottaviano, Giovanni Peri Published September 2005 |
DP5225 | Job Contact Networks and the Ethnic Minorities Author(s): Harminder Battu, Paul T Seaman, Yves Zenou Published September 2005 |
DP5224 | What are Firms? Evolution from Birth to Public Companies Author(s): Steven Kaplan, Berk A. Sensoy, Per Johan Strömberg Published September 2005 |
DP5223 | The Media and Advertising: A Tale of Two-Sided Markets Author(s): Simon P Anderson, Jean Jaskold Gabszewicz Published September 2005 |
DP5222 | Trade Spillovers of Fiscal Policy in the European Union: A Panel Analysis Author(s): Roel Beetsma, Massimo Giuliodori, Franc Klaassen Published September 2005 |
DP5221 | Fertility: The Role of Culture and Family Experience Author(s): Raquel Fernández, Alessandra Fogli Published September 2005 |
DP5220 | From World Banker to World Venture Capitalist: US External Adjustment and The Exorbitant Privilege Author(s): Pierre-Olivier Gourinchas, Hélène Rey Published September 2005 |
DP5219 | Signal Accuracy and Informational Cascades Author(s): Tuvana Pastine, Ivan Pastine Published September 2005 |
DP5218 | Make Trade not War? Author(s): Philippe Martin, Thierry Mayer, Mathias Thoenig Published September 2005 |
DP5217 | The Short-Term Budgetary Implications of Structural Reforms. Evidence from a Panel of EU Countries Author(s): Servaas Deroose, Alessandro Antonio Turrini Published September 2005 |
DP5216 | The Stability Pact Pains: A Forward-Looking Assessment of the Reform Debate Author(s): Marco Buti, Sylvester C W Eijffinger, Daniele Franco Published September 2005 |
DP5215 | The Determinants of Asset Stripping: Theory and Evidence from the Transition Economies Author(s): Nauro F. Campos, Francesco Giovannoni Published September 2005 |
DP5214 | The Construction and Interpretation of Combined Cross-Section and Time-Series Inequality Datasets Author(s): Joseph Francois, Hugo Rojas-Romagosa Published September 2005 |
DP5213 | Bank Finance versus Bond Finance: What Explains the Differences Between the US and Europe? Author(s): Fiorella De Fiore, Harald Uhlig Published September 2005 |
DP5212 | Understanding the Effects of Government Spending on Consumption Author(s): Jordi Galí, J David López-Salido, Javier Vallés Liberal Published September 2005 |
DP5211 | Implementation of Anti-Discrimination Policy: Does Judicial Selection Matter? Author(s): Timothy J. Besley, A. Abigail Payne Published September 2005 |
DP5210 | The Overhang Hangover Author(s): Jean Imbs, Romain Rancière Published September 2005 |
DP5209 | Collateral Damage: Trade Disruption and the Economic Impact of War Author(s): Reuven Glick, Alan M. Taylor Published September 2005 |
DP5208 | Business Groups in Emerging Markets: Paragons or Parasites? Author(s): Tarun Khanna, Yishay Yafeh Published September 2005 |
DP5207 | Bayesian Analysis of DSGE Models Author(s): Sungbae An, Frank Schorfheide Published September 2005 |
DP5206 | Succession Rules and Leadership Rents Author(s): Kai A. Konrad, Stergios Skaperdas Published August 2005 |
DP5205 | Equilibrium and Efficiency in the Tug-of-War Author(s): Kai A. Konrad, Dan Kovenock Published August 2005 |
DP5204 | M&As Performance in the European Financial Industry Author(s): José Manuel Campa, Ignacio Hernando Published August 2005 |
DP5203 | The Marginal Product of Capital Author(s): Francesco Caselli, James Feyrer Published August 2005 |
DP5202 | Borders and Growth Author(s): Enrico Spolaore, Romain Wacziarg Published August 2005 |
DP5201 | Political Selection and the Quality of Government: Evidence from South India Author(s): Timothy J. Besley, Rohini Pande, Vijayendra Rao Published August 2005 |
DP5200 | Insurance and Opportunities: The Welfare Implications of Rising Wage Dispersion Author(s): Jonathan Heathcote, Kjetil Storesletten, Giovanni L. Violante Published August 2005 |
DP5199 | Target Zones in Theory and History: Credibility, Efficiency, and Policy Autonomy Author(s): Marc Flandreau, John Komlos Published August 2005 |
DP5188 | Fiscal Divergence and Business Cycle Synchronization: Irresponsibility is Idiosyncratic Author(s): Zsolt Darvas, Andrew K Rose, György Szapáry Published August 2005 |
DP5187 | Risk Management with Benchmarking Author(s): Suleyman Basak, Alex Shapiro, Lucie Teplá Published August 2005 |
DP5186 | Intelligence Failures: An Organizational Economics Perspective Author(s): Luis Garicano, Richard A. Posner Published August 2005 |
DP5185 | Informed Lending and Security Design Author(s): Roman Inderst, Holger M Mueller Published August 2005 |
DP5184 | Land Reforms and Economic Development Author(s): Hans Gersbach, Lars Siemers Published August 2005 |
DP5183 | Cotton Textiles and the Great Divergence: Lancashire, India and Shifting Competitive Advantage, 1600-1850 Author(s): Stephen N Broadberry, Bishnupriya Gupta Published August 2005 |
DP5182 | The Value of Tax Shields IS Equal to the Present Value of Tax Shields Author(s): Ian Cooper, Kjell G Nyborg Published August 2005 |
DP5181 | Why Are Returns on Swiss Franc Assets So Low? Rare Events May Solve the Puzzle Author(s): Peter Kugler, Beatrice Weder di Mauro Published August 2005 |
DP5180 | Insider Trading in Credit Derivatives Author(s): Viral V. Acharya, Tim Johnson Published August 2005 |
DP5179 | Business Cycle Sychronization in the Enlarged EU Author(s): Zsolt Darvas, György Szapáry Published August 2005 |
DP5178 | Nowcasting GDP and Inflation: The Real Time Informational Content of Macroeconomic Data Releases Author(s): Domenico Giannone, Lucrezia Reichlin, David Small Published August 2005 |
DP5177 | Estimation and Testing of Dynamic Models with Generalized Hyperbolic Innovations Author(s): Javier Mencía, Enrique Sentana Published August 2005 |
DP5176 | The 'News' View of Economic Fluctuations: Evidence from Aggregate Japanese Data and Sectoral US Data Author(s): Paul Beaudry, Franck Portier Published August 2005 |
DP5175 | Re-election Threshold Contracts in Politics Author(s): Hans Gersbach, Verena Liessem Published August 2005 |
DP5174 | The Macroeconomic Consequences of Reciprocity in Labour Relations Author(s): Jean-Pierre Danthine, André Kurmann Published August 2005 |
DP5173 | Performance Measurement with Loss Aversion Author(s): Gordon T Gemmill, Soosung Hwang, Mark Salmon Published August 2005 |
DP5172 | Urbanization Externalities, Market Potential and Spatial Sorting of Skills and Firms Author(s): Giordano Mion, Paolo Naticchioni Published August 2005 |
DP5171 | The Curse and Blessing of Training the Unemployed in a Changing Economy: the Case of East Germany after Unification Author(s): Michael Lechner, Ruth Miquel, Conny Wunsch Published August 2005 |
DP5170 | Optimum Income Taxation and Layoff Taxes Author(s): Pierre Cahuc, Andre Zylberberg Published August 2005 |
DP5169 | The Roots of Low European Employment: Family Culture? Author(s): Yann Algan, Pierre Cahuc Published August 2005 |
DP5168 | The Brain as a Hierarchical Organization Author(s): Isabelle Brocas, Juan D Carrillo Published August 2005 |
DP5167 | Real Effects of Inflation Through the Redistribution of Nominal Wealth Author(s): Matthias Doepke, Martin Schneider Published August 2005 |
DP5166 | On the Uniqueness of Optimal Prices Set by Monopolistic Sellers Author(s): Gerard van den Berg Published August 2005 |
DP5165 | Globalization and Emerging Markets: With or Without Crash? Author(s): Philippe Martin, Hélène Rey Published August 2005 |
DP5164 | German Bank Lending During Financial Crises: A Bank Level Analysis Author(s): Frank Heid, Thorsten Nestmann, Natalja Von Westernhagen, Beatrice Weder di Mauro Published August 2005 |
DP5163 | Basel II and Bank Lending to Emerging Markets: Micro Evidence from German Banks Author(s): Thilo Liebig, Daniel Porath, Beatrice Weder di Mauro, Michael Wedow Published August 2005 |
DP5162 | When do Countries Introduce Competition Policy? Author(s): Rikard Forslid, Jonas Häckner, Astri Muren Published August 2005 |
DP5161 | Age-Specific Cyclical Effects in Job Reallocation and Labour Mobility Author(s): Anne Gielen, Jan C. van Ours Published August 2005 |
DP5160 | Do Countries Free Ride on MFN? Author(s): Rodney D Ludema, Anna Maria Mayda Published August 2005 |
DP5159 | International Equity Flows and Returns: A Quantitative Equilibrium Approach Author(s): Rui Albuquerque, Gregory Bauer, Martin Schneider Published August 2005 |
DP5158 | Making A Difference Author(s): Patrick Francois Published July 2005 |
DP5157 | The Dot-Com Bubble, the Bush Deficits, and the US Current Account Author(s): Aart Kraay, Jaume Ventura Published July 2005 |
DP5156 | Doha Merchandise Trade Reform: What?s at Stake for Developing Countries? Author(s): Kym Anderson, Will Martin, Dominique van der Mensbrugghe Published July 2005 |
DP5155 | Voting Transparency in a Monetary Union Author(s): Hans Gersbach, Volker Hahn Published July 2005 |
DP5154 | Cash-in-the-Market Pricing and Optimal Bank Bailout Policy Author(s): Viral V. Acharya, Tanju Yorulmazer Published July 2005 |
DP5153 | Preference Erosion and Multilateral Trade Liberalization Author(s): Joseph Francois, Bernard Hoekman, Miriam Manchin Published July 2005 |
DP5152 | Coordination in Markets with Consumption Externalities: The Role of Advertising and Product Quality Author(s): Tuvana Pastine, Ivan Pastine Published July 2005 |
DP5151 | Financial Integration and Entrepreneurial Activity: Evidence from Foreign Bank Entry in Emerging Markets Author(s): Mariassunta Giannetti, Steven Ongena Published July 2005 |
DP5150 | Does External Trade Promote Financial Development? Author(s): Yongfu Huang, Jonathan Temple Published July 2005 |
DP5149 | Long-Run Determinants of Inflation Differentials in a Monetary Union Author(s): Filippo Altissimo, Pierpaolo Benigno, Diego Rodriguez Palenzuela Published July 2005 |
DP5148 | Portfolio Selection with Parameter and Model Uncertainty: A Multi-Prior Approach Author(s): Lorenzo Garlappi, Raman Uppal, Tan Wang Published July 2005 |
DP5147 | Revolutionary Effects of New Information Technologies Author(s): Gerard van den Berg Published July 2005 |
DP5146 | Attitude-Dependent Altruism, Turnout and Voting Author(s): Julio J. Rotemberg Published July 2005 |
DP5145 | Allocating Control in Agency Problems with Limited Liability and Sequential Hidden Actions Author(s): Patrick W. Schmitz Published July 2005 |
DP5144 | Preferential Trade Arrangements and the Pattern of Production and Trade when Inputs are Differentiated Author(s): Joseph Francois Published July 2005 |
DP5143 | The Impact of Changing Demographics and Pensions on The Demand for Housing and Financial Assets Author(s): Ales Cerny, David Miles, Lubomir Schmidt Published July 2005 |
DP5142 | How Inefficient is the 1/N Asset-Allocation Strategy? Author(s): Victor DeMiguel, Lorenzo Garlappi, Raman Uppal Published July 2005 |
DP5141 | How to Exit from Fixed Exchange Rate Regimes Author(s): Ahmet Atil Asici, Nadezhda Ivanova, Charles Wyplosz Published July 2005 |
DP5140 | Work and Leisure in the US and Europe: Why So Different? Author(s): Alberto F Alesina, Edward L Glaeser, Bruce Sacerdote Published July 2005 |
DP5139 | Imports and Productivity Author(s): László Halpern, Miklós Koren, Adam Szeidl Published July 2005 |
DP5138 | Political Competition and Economic Performance: Theory and Evidence from the United States Author(s): Timothy J. Besley, Torsten Persson, Daniel M Sturm Published July 2005 |
DP5137 | Trade Costs, Trade Balances and Current Accounts: An Application of Gravity to Multilateral Trade Author(s): Giorgio Fazio, Ronald MacDonald, Jacques Melitz Published July 2005 |
DP5136 | North, South and Distance in the Gravity Model Author(s): Jacques Melitz Published July 2005 |
DP5135 | Market Structure in Services and Market Access in Goods Author(s): Joseph Francois, Ian Wooton Published July 2005 |
DP5134 | Voting Rules and Budget Allocation in an Enlarged EU Author(s): Heikki Kauppi, Mika Widgrén Published July 2005 |
DP5133 | Race to the Top or Bottom? Corporate Governance, Freedom of Reincorporation and Competition in Law Author(s): Zsuzsanna Fluck, Colin Mayer Published July 2005 |
DP5132 | Contests with Ties Author(s): Daniel Cohen, Aner Sela Published July 2005 |
DP5131 | Exogenous Oil Supply Shocks: How Big Are They and How Much do they Matter for the US Economy? Author(s): Lutz Kilian Published July 2005 |
DP5130 | Democracy, Property Rights, Redistribution and Economic Growth Author(s): Mark Gradstein Published July 2005 |
DP5129 | The Ties that Divide. A Network Analysis of the International Monetary System Author(s): Marc Flandreau, Clemens Jobst Published July 2005 |
DP5128 | The Neuroconomics of Mind Reading and Empathy Author(s): Ernst Fehr, Tania Singer Published July 2005 |
DP5127 | Neuroeconomic Foundation of Trust and Social Preferences Author(s): Ernst Fehr, Urs Fischbacher, Michael Kosfeld Published July 2005 |
DP5126 | Products and Productivity Author(s): Andrew B. Bernard, Stephen J. Redding, Peter K. Schott Published July 2005 |
DP5125 | Decentralization and Electoral Accountability: Incentives, Separation and Voter Welfare Author(s): Jean Hindricks, Ben Lockwood Published July 2005 |
DP5124 | The Optimal Amount of Falsified Testimony Author(s): Winand Emons, Claude Fluet Published July 2005 |
DP5123 | Liquidity Risk in Securities Settlement Author(s): Johan Devriese, Janet Mitchell Published July 2005 |
DP5122 | The WTO Promotes Trade, Strongly But Unevenly Author(s): Arvind Subramanian, Shang-Jin Wei Published July 2005 |
DP5121 | Is There a Diversification Discount in Financial Conglomerates? Author(s): Luc Laeven, Ross Levine Published July 2005 |
DP5120 | Social Learning in Continuous Time: When are Informational Cascades More Likely to be Inefficient? Author(s): Tuvana Pastine Published July 2005 |
DP5119 | CEO-Firm Match and Principal-Agent Problem Author(s): Fei Li, Masako Ueda Published July 2005 |
DP5118 | Optimal Privatization Using Qualifying Auctions Author(s): Jan Boone, Jacob K. Goeree Published July 2005 |
DP5117 | Wealth Transfers, Contagion and Portfolio Constraints Author(s): Anna Pavlova, Roberto Rigobon Published July 2005 |
DP5116 | Why Do Most Italian Young Men Live With Their Parents? Intergenerational Transfers and Household Structure Author(s): Marco Manacorda, Enrico Moretti Published June 2005 |
DP5115 | The Behavioural Effects of Minimum Wages Author(s): Armin Falk, Ernst Fehr, Christian Zehnder Published June 2005 |
DP5114 | Using Copulas to Construct Bivariate Foreign Exchange Distributions with an Application to the Sterling Exchange Rate Index Author(s): Matthew Hurd, Mark Salmon, Christoph Schleicher Published June 2005 |
DP5113 | Home Bias and International Risk Sharing: Twin Puzzles Separated at Birth Author(s): Bent E Sørensen, Yi-Tsung Wu, Oved Yosha, Yu Zhu Published June 2005 |
DP5112 | Peripheral Diversity and Redistribution Author(s): Klaus Desmet, Ignacio Ortuño-Ortín, Shlomo Weber Published June 2005 |
DP5111 | Factor Price Equality and the Economies of the United States Author(s): Andrew B. Bernard, Stephen J. Redding, Peter K. Schott Published June 2005 |
DP5110 | Consumption, Wealth, the Elasticity of Intertemporal Substitution and Long-Run Stock Market Returns Author(s): Carlo A. Favero Published June 2005 |
DP5109 | Endowment Versus Finance: A Wooden Barrel Theory of International Trade Author(s): Jiandong Ju, Shang-Jin Wei Published June 2005 |
DP5108 | A Structural Non-Stationary Model of Job Search: Stigmatization of the Unemployed by Job Offers or Wage Offers? Author(s): Stefan Lollivier, Laurence Rioux Published June 2005 |
DP5107 | Turning a Blind Eye: Costly Enforcement, Credible Commitment and Minimum Wage Laws Author(s): Arnab K Basu, Nancy H Chau, Ravi Kanbur Published June 2005 |
DP5106 | Patience Capital and the Demise of the Aristocracy Author(s): Matthias Doepke, Fabrizio Zilibotti Published June 2005 |
DP5105 | Zero Returns to Compulsory Schooling in Germany: Evidence and Interpretation Author(s): Jörn-Steffen Pischke, Till von Wachter Published June 2005 |
DP5104 | Trade Liberalization, Intermediate Inputs and Productivity: Evidence from Indonesia Author(s): Mary Amiti, Jozef Konings Published June 2005 |
DP5103 | Changes in Infrastructure and Tariff Barriers: Local Vs. Global Impacts Author(s): Kristian Behrens, Andrea Lamorgese, Gianmarco Ottaviano, Takatoshi Tabuchi Published June 2005 |
DP5102 | The Savings Behaviour of Temporary and Permanent Migrants in Germany Author(s): Thomas Bauer, Mathias Sinning Published June 2005 |
DP5101 | Monetary Policy in the Euro Area: Lessons from Five Years of ECB and Implications for Turkey Author(s): Fabio Canova, Carlo A. Favero Published June 2005 |
DP5100 | Making Sense of Bolkestein-Bashing: Trade Liberalization Under Segmented Labour Markets Author(s): Gilles Saint-Paul Published June 2005 |
DP5099 | Education, Matching and the Allocative Value of Romance Author(s): Alison L Booth, Melvyn G Coles Published June 2005 |
DP5098 | The Stability Threshold and Two Facts of Polarization Author(s): Ori Haimanko, Michel Le Breton, Shlomo Weber Published June 2005 |
DP5097 | A Test of Trade Theories when Expenditure is Home Biased Author(s): Marius Brülhart, Federico Trionfetti Published June 2005 |
DP5096 | Market Definition in the Printed Media Industry: Theory and Practice Author(s): Elena Argentesi, Marc Ivaldi Published June 2005 |
DP5095 | Lending Booms and Lending Standards Author(s): Giovanni DellAriccia, Robert Marquez Published June 2005 |
DP5094 | Money Supply and the Implementation of Interest Rate Targets Author(s): Andreas Schabert Published June 2005 |
DP5093 | A Simple Scheme to Improve the Efficiency of Referenda Author(s): Alessandra Casella, Andrew Gelman Published June 2005 |
DP5092 | The Killing Game: Reputation and Knowledge in Non-Democratic Succession Author(s): Georgy Egorov, Konstantin Sonin Published June 2005 |
DP5091 | Does Labour Market Risk Increase the Size of the Public Sector? Evidence from Swedish Municipalities Author(s): Jonas Vlachos Published June 2005 |
DP5090 | Income and Wealth Concentration in Switzerland Over the 20th Century Author(s): Fabien Dell, Thomas Piketty, Emmanuel Saez Published May 2005 |
DP5089 | Culture: An Empirical Investigation of Beliefs, Work and Fertility Author(s): Raquel Fernández, Alessandra Fogli Published May 2005 |
DP5088 | The Real Effect of Banking Crises Author(s): Giovanni DellAriccia, Enrica Detragiache, Raghuram G Rajan Published May 2005 |
DP5087 | Is the Division of Labour Limited By the Extent of the Market? Evidence from French Cities Author(s): Gilles Duranton, Hubert Jayet Published May 2005 |
DP5086 | Factor Supplies and the Direction of Technological Change Author(s): Helena Svaleryd, Jonas Vlachos Published May 2005 |
DP5085 | The French Zones D'Education Prioritaire: Much Ado About Nothing? Author(s): Roland Bénabou, Francis Kramarz, Corinne Prost Published May 2005 |
DP5084 | The Toehold Puzzle Author(s): Sandra Betton, B Espen Eckbo, Karin S Thorburn Published May 2005 |
DP5083 | Immigration and Prices Author(s): Saul Lach Published May 2005 |
DP5082 | Outsourcing and Technological Change Author(s): Ann P Bartel, Saul Lach, Nachum Sicherman Published May 2005 |
DP5081 | Offshore Financial Centres: Parasites or Symbionts? Author(s): Andrew K Rose, Mark Spiegel Published May 2005 |
DP5080 | The Simple Geometry of Transmission and Stabilization in Closed and Open Economies Author(s): Giancarlo Corsetti, Paolo Pesenti Published May 2005 |
DP5079 | The Worldwide Economic Impact of the Revolutionary and Napoleonic Wars Author(s): Kevin Hjortshøj O'Rourke Published May 2005 |
DP5078 | Networks of Relations and Social Capital Author(s): Steffen Lippert, Giancarlo Spagnolo Published May 2005 |
DP5077 | The Benefits of Separating Early Retirees from the Unemployed: Simulation Results for Belgian Wage Earners Author(s): Raphael Desmet, Alain Jousten, Sergio Perelman Published May 2005 |
DP5076 | Is Political Risk Company-Specific? The Market Side of the Yukos Affair Author(s): Alexei P. Goriaev, Konstantin Sonin Published May 2005 |
DP5075 | A Theory of Brinkmanship, Conflicts, and Commitments Author(s): Michael Schwarz, Konstantin Sonin Published May 2005 |
DP5074 | The 'Tampa' Effect. Australian Asylum Policy in International Perspective Author(s): Timothy J. Hatton, Audrey Lim Published May 2005 |
DP5073 | The Impact of the Terms of Trade on Economic Development in the Periphery, 1870-1939: Volatility and Secular Change Author(s): Christopher Blattman, Jason Hwang, Jeffrey G Williamson Published May 2005 |
DP5072 | Monetary Policy with Judgement: Forecast Targeting Author(s): Lars E.O. Svensson Published May 2005 |
DP5071 | Robust Monetary Policy in a Small Open Economy Author(s): Kai Leitemo, Ulf Söderström Published May 2005 |
DP5070 | Why and Where do Headquarters Move? Author(s): Vanessa Strauss-Kahn, Xavier Vives Published May 2005 |
DP5069 | Labour Mobility During Transition: Evidence from the Czech Republic Author(s): Jan Fidrmuc Published May 2005 |
DP5068 | Formation of Social Capital in Central and Eastern Europe: Understanding the Gap Vis-a-Vis Developed Countries Author(s): Jan Fidrmuc, Klarita Gërxhani Published May 2005 |
DP5067 | Is It Trust we Model? An Attempt to Calculate the Non-Calculative Author(s): Stephanie Rosenkranz, Utz Weitzel Published May 2005 |
DP5066 | India's De-Industrialization Under British Rule: New Ideas, New Evidence Author(s): David Clingingsmith, Jeffrey G Williamson Published May 2005 |
DP5065 | Gifted Kids or Pushy Parents? Foreign Acquisitions and Plant Performance in Indonesia Author(s): Jens Arnold, Beata Javorcik Published May 2005 |
DP5064 | Advertising Content Author(s): Simon P Anderson, Régis Renault Published May 2005 |
DP5063 | Alliances in the Air: Some Worldwide Evidence Author(s): Philippe Gagnepain, Pedro Luis Marín Uribe Published May 2005 |
DP5062 | Political Predation and Economic Development Author(s): Jean-Paul Azam, Robert H Bates, Bruno Biais Published May 2005 |
DP5061 | SMEs and Bank Lending Relationships: The Impact of Mergers Author(s): Hans Degryse, Nancy Masschelein, Janet Mitchell Published May 2005 |
DP5060 | Strategic R&D Location by Multinational Firms: Spillovers, Technology Sourcing and Competition Author(s): Rene Belderbos, Elissavet Lykogianni, Reinhilde Veugelers Published May 2005 |
DP5059 | Global View of Economic Growth Author(s): Jaume Ventura Published May 2005 |
DP5058 | Refugees, Asylum Seekers and Policy in Europe Author(s): Timothy J. Hatton, Jeffrey G Williamson Published May 2005 |
DP5057 | Does Self-Employment Reduce Unemployment? Author(s): David B Audretsch, Martin A Carree, A R Roy Thurik, André van Stel Published May 2005 |
DP5056 | Rule-Based Monetary Policy Under Central Banking Learning Author(s): Kosuke Aoki, Kalin Nikolov Published May 2005 |
DP5055 | Who is Against Immigration? A Cross-Country Investigation of Individual Attitudes Towards Immigration Author(s): Anna Maria Mayda Published May 2005 |
DP5054 | The Time-Series Properties of Aggregate Consumption: Implications for the Costs of Fluctuations Author(s): Ricardo Reis Published May 2005 |
DP5053 | Inattentive Consumers Author(s): Ricardo Reis Published May 2005 |
DP5052 | Should Uniform Pricing Contraints be Imposed on Entrants? Author(s): Steffen Hoernig Published May 2005 |
DP5050 | Measuring Income Elasticity for Swiss Money Demand: What Do the Cantons Say About Financial Innovation? Author(s): Andreas M Fischer Published May 2005 |
DP5049 | Would Multilateral Trade Reform Benefit Sub-Saharan Africans? Author(s): Kym Anderson, Will Martin, Dominique van der Mensbrugghe Published May 2005 |
DP5048 | Must Try Harder. Evaluating the Role of Effort in Educational Attainment Author(s): Gianni De Fraja, Tania Oliveira, Luisa Zanchi Published May 2005 |
DP5047 | Human Capital and Optimal Positive Taxation of Capital Income Author(s): A Lans Bovenberg, Bas Jacobs Published May 2005 |
DP5046 | Optimal Transfers and Participation Decisions in International Environmental Agreements Author(s): Carlo Carraro, Johan Eyckmans, Michael Finus Published May 2005 |
DP5045 | Trade Preferences to Small Developing Countries and the Welfare Costs of Lost Multilateral Liberalization Author(s): Nuno Limão, Marcelo Olarreaga Published May 2005 |
DP5044 | What Determines the Future Value of an Icon Wine? New Evidence from Australia Author(s): Kym Anderson, Danielle Wood Published May 2005 |
DP5043 | In Praise of Fiscal Restraint and Debt Rules. What the Euro Zone Might Do Now Author(s): Andrew Hughes Hallett Published May 2005 |
DP5042 | Forming Rational Expectations and When it is Right to be 'Wrong' Author(s): Maria Demertzis, Andrew Hughes Hallett Published May 2005 |
DP5041 | Portfolio Selection with Parameter and Model Uncertainty: A Multi-Prior Approach Author(s): Lorenzo Garlappi, Raman Uppal, Tan Wang Published May 2005 |
DP5040 | On the Optimal Progressivity of the Income Tax Code Author(s): Juan Carlos Conesa, Dirk Krueger Published May 2005 |
DP5039 | Pareto Improving Social Security Reform when Financial Markets Are Incomplete Author(s): Dirk Krueger, Felix Kübler Published May 2005 |
DP5038 | Intermediaries as Bundlers, Traders and Quality Assessors: The Case of UK Tour Operators Author(s): Sofronis Clerides, Paris Nearchou, Panos Pashardes Published May 2005 |
DP5037 | A Cross-Country Financial Accelerator: Evidence from North America and Europe Author(s): Ashoka Mody, Lucio Sarno, Mark P Taylor Published May 2005 |
DP5036 | Regulating Financial Conglomerates Author(s): Xavier Freixas, Gyöngyi Lóránth, Alan Morrison Published May 2005 |
DP5035 | A Study of Inefficient Going Concerns in Bankruptcy Author(s): Julian R Franks, Gyöngyi Lóránth Published May 2005 |
DP5034 | Regional and Sub-Global Climate Blocs. A Game-Theoretic Perspective on Bottom-up Climate Regimes Author(s): Barbara Buchner, Carlo Carraro Published May 2005 |
DP5033 | Dual Employment Protection Legislation: A Framework for Analysis Author(s): Juan J. Dolado, Marcel Jansen, Juan F Jimeno Published May 2005 |
DP5032 | Implementation Cycles in the New Economy Author(s): Pasquale Scaramozzino, Jonathan Temple, Nir Vulkan Published May 2005 |
DP5031 | Information Exchange and Competition in Communications Networks Author(s): Carlo Cambini, Tommaso Valletti Published May 2005 |
DP5030 | The Affectionate Society: Does Competition for Partners Promote Friendliness? Author(s): Hans Gersbach, Hans Haller Published May 2005 |
DP5029 | Real Exchange Rate Overshooting RBC Style Author(s): David Meenagh, Patrick Minford, Eric Nowell, Prakriti Sofat Published April 2005 |
DP5028 | Agglomeration and the Adjustment of the Spatial Economy Author(s): Pierre-Philippe Combes, Gilles Duranton, Henry G Overman Published April 2005 |
DP5027 | Funding Modes of German Banks: Structural Changes and its Implications Author(s): Lars Norden, Martin Weber Published April 2005 |
DP5026 | The Replacement Problem in Frictional Economies: An 'Equivalence Result' Author(s): Andreas Hornstein, Per Krusell, Giovanni L. Violante Published April 2005 |
DP5025 | The Effects of Technical Change on Labour Market Inequalities Author(s): Andreas Hornstein, Per Krusell, Giovanni L. Violante Published April 2005 |
DP5024 | Finite State Dynamic Games with Asymmetric Information: A Framework for Applied Work Author(s): Chaim Fershtman, Ariel Pakes Published April 2005 |
DP5023 | Reciprocal Dumping with Bertrand Competition Author(s): Richard Friberg, Mattias Ganslandt Published April 2005 |
DP5022 | Parallel Trade, International Exhaustion and Intellectual Property Rights: A Welfare Analysis Author(s): Stefan Szymanski, Tommaso Valletti Published April 2005 |
DP5021 | Betting on Hitler - The Value of Political Connections in Nazi Germany Author(s): Thomas Ferguson, Hans-Joachim Voth Published April 2005 |
DP5020 | The Role of Risk Aversion and Intertemporal Substitution in Dynamic Consumption-Portfolio Choicewith Recursive Utility Author(s): Harjoat S. Bhamra, Raman Uppal Published April 2005 |
DP5019 | Stochastic Optimization and Worst Case Analysis in Monetary Policy Design Author(s): Berc Rustem, Volker Wieland, Stan Zakovic Published April 2005 |
DP5018 | Peer Effects in Austrian Schools Author(s): Nicole Schneeweis, Rudolf Winter-Ebmer Published April 2005 |
DP5017 | Explaining The Equity Risk Premium Author(s): Laurian Lungu, Patrick Minford Published April 2005 |
DP5016 | The Insiders' Dilemma: An Experiment on Merger Formation Author(s): Tobias Lindqvist, Johan Stennek Published April 2005 |
DP5015 | The Costs of Remoteness: Evidence from German Division and Reunification Author(s): Stephen J. Redding, Daniel M Sturm Published April 2005 |
DP5014 | Optimality and Renegotiation in Dynamic Contracting Author(s): Marco Battaglini Published April 2005 |
DP5013 | Democratic Mechanisms: Double Majority Rules and Flexible Agenda Costs Author(s): Hans Gersbach Published April 2005 |
DP5012 | Awareness of General Equilibrium Effects and Unemployment Author(s): Hans Gersbach, Achim Schniewind Published April 2005 |
DP5011 | Efficient Tuition & Fees, Examinations and Subsidies Author(s): Robert J. Gary-Bobo, Alain Trannoy Published April 2005 |
DP5010 | Money and the Size of Transactions Author(s): Joseph Zeira Published April 2005 |
DP5009 | City Structure, Job Search and Labour Discrimination. Theory and Policy Implications Author(s): Harris Selod, Yves Zenou Published April 2005 |
DP5008 | Shock Identification of Macroeconomic Forecasts Based on Daily Panels Author(s): Marlene Amstad, Andreas M Fischer Published April 2005 |
DP5007 | Does Fertility Respond to Financial Incentives? Author(s): Guy Laroque, Bernard Salanié Published April 2005 |
DP5006 | Offsetting the Incentives: Risk Shifting and Benefits of Benchmarking in Money Management Author(s): Suleyman Basak, Anna Pavlova, Alex Shapiro Published April 2005 |
DP5005 | Implementing the Stability and Growth Pact: Enforcement and Procedural Flexibility Author(s): Roel Beetsma, Xavier Debrun Published April 2005 |
DP5004 | Intermodal and Intramodal Competition in Passenger Rail Transport Author(s): Marc Ivaldi, Catherine Vibes Published April 2005 |
DP5003 | Dynamic Monopoly Pricing and Herding Author(s): Subir Bose, Gerhard O Orosel, Marco Ottaviani, Lise Vesterlund Published April 2005 |
DP5002 | The Impact of TFP Growth on Steady-State Unemployment Author(s): Christopher Pissarides, Giovanna Vallanti Published April 2005 |
DP5001 | Conflicts of Interest in Sell-Side Research and the Moderating Role of Institutional Investors Author(s): Alexander P. Ljungqvist, Felicia Marston, Laura T Starks, Kelsey D. Wei, Hong Yan Published April 2005 |
DP5000 | Welfare Trade-Offs in US Rail Mergers Author(s): Marc Ivaldi, Gerard McCullough Published April 2005 |
DP4999 | Rules of Origin as Export Subsidies Author(s): Olivier Cadot, Antoni Estevadeordal, Akiko Suwa Eisenmann Published April 2005 |
DP4998 | Product Specific Rules of Origin in EU and US Preferential Trading Agreements: An Assessment Author(s): Olivier Cadot, Céline Carrère, Jaime de Melo, Bolormaa Tumurchudur Published April 2005 |
DP4997 | Unemployment and Right-Wing Extremist Crime Author(s): Armin Falk, Josef Zweimüller Published April 2005 |
DP4996 | Two at the Top: Quality Differentiation in Markets with Switching Costs Author(s): Thomas Gehrig, Rune Stenbacka Published April 2005 |
DP4995 | Equilibria in a Dynamic Global Game: The Role of Cohort Effects Author(s): Paul Heidhues, Nicolas Melissas Published April 2005 |
DP4994 | A Model of Corporate Liquidity Author(s): Ronald W. Anderson, Andrew Carverhill Published April 2005 |
DP4993 | Entry, Cost Reduction and Competition in The Portuguese Mobile Telephone Industry Author(s): Philippe Gagnepain, Pedro Pereira Published April 2005 |
DP4992 | The Public Management of Environmental Risk: Separating Ex Ante and Ex Post Monitors Author(s): Yolande Hiriart, David Martimort, Jérôme Pouyet Published April 2005 |
DP4991 | Cannabis Prices and Dynamics of Cannabis Use Author(s): Jan C. van Ours, Jenny Williams Published April 2005 |
DP4990 | Cooperation in International Banking Supervision Author(s): Cornelia Holthausen, Thomas Rønde Published April 2005 |
DP4989 | Commercial Television and Voter Information Author(s): Andrea Prat, David Strömberg Published April 2005 |
DP4988 | Non-Discretionary and Automatic Fiscal Policy in the EU and the OECD Author(s): Jacques Melitz Published April 2005 |
DP4987 | Where is the Market? Evidence from Cross-Listings Author(s): Michael Halling, Marco Pagano, Otto Randl, Josef Zechner Published April 2005 |
DP4986 | How Changes in Financial Incentives Affect the Duration of Unemployment Author(s): Rafael Lalive, Jan C. van Ours, Josef Zweimüller Published April 2005 |
DP4985 | Income Distribution and Demand-Induced Innovations Author(s): Reto Foellmi, Josef Zweimüller Published April 2005 |
DP4984 | Home Production, Market Production and the Gender Wage Gap: Incentives and Expectations Author(s): Stefania Albanesi, Claudia Olivetti Published April 2005 |
DP4983 | Demand and Distance: Evidence on Cross-Border Shopping Author(s): Björn Marcus Asplund, Richard Friberg, Fredrik Wilander Published April 2005 |
DP4982 | Testing for Reference Dependence: An Application to the Art Market Author(s): Alan Beggs, Kathryn Graddy Published April 2005 |
DP4981 | Monetary Policy in Real Time Author(s): Domenico Giannone, Lucrezia Reichlin, Luca Sala Published March 2005 |
DP4980 | Can we Trust Private Firms as Suppliers of Vaccines for the Avian Influenza? Author(s): Rikard Forslid Published March 2005 |
DP4979 | The Quality of Entrepreneurs Author(s): Hans K Hvide Published March 2005 |
DP4978 | Trade Costs and Location of Foreign Firms in China Author(s): Mary Amiti, Beata Javorcik Published March 2005 |
DP4977 | Leading Indicators: What Have We Learned? Author(s): Massimiliano Marcellino Published March 2005 |
DP4976 | A Comparison of Direct and Iterated Multistep AR Methods for Forecasting Macroeconomic Time Series Author(s): Massimiliano Marcellino, James H Stock, Mark W Watson Published March 2005 |
DP4975 | Jump-and-Rest Effects of US Business Cycles Author(s): Maximo Camacho, Gabriel Pérez-Quirós Published March 2005 |
DP4974 | Money Demand and Macroeconomic Stability Revisited Author(s): Andreas Schabert, Christian Stoltenberg Published March 2005 |
DP4973 | The Clash of Liberalizations: Preferential vs. Multilateral Trade Liberalization in the European Union Author(s): Baybars Karacaovali, Nuno Limão Published March 2005 |
DP4972 | Bertrand Equilibria and Sharing Rules Author(s): Steffen Hoernig Published March 2005 |
DP4971 | Reforming the Formula: A Modest Proposal for Introducing Development Outcomes in IDA Allocation Procedures Author(s): Ravi Kanbur Published March 2005 |
DP4970 | The Need for Institutional Changes in the Global Financial System: An Analytical Framework Author(s): Stijn Claessens, Geoffrey R D Underhill Published March 2005 |
DP4969 | Information Channels in Labour Markets. On the Resilience of Referral Hiring Author(s): Alessandra Casella, Nobuyuki Hanaki Published March 2005 |
DP4968 | Favouritism and Financial Incentives: A Natural Experiment Author(s): Neil Rickman, Robert Witt Published March 2005 |
DP4967 | Liquidity, Risk-Taking and the Lender of Last Resort Author(s): Rafael Repullo Published March 2005 |
DP4966 | On Sustainable Pay-As-You-Go Systems Author(s): Gabrielle Demange Published March 2005 |
DP4965 | Trade and Growth with Heterogeneous Firms Author(s): Richard Baldwin, Frédéric Robert-Nicoud Published March 2005 |
DP4964 | Productivity Spillovers, Terms of Trade and the 'Home Market Effect' Author(s): Giancarlo Corsetti, Philippe Martin, Paolo Pesenti Published March 2005 |
DP4963 | Product Market Integration, Wages and Inequality Author(s): Torben M Andersen, Allan Sorensen Published March 2005 |
DP4962 | How Changes in Benefits Entitlement Affect the Duration of Unemployment Author(s): Jan C. van Ours, Milan Vodopivec Published March 2005 |
DP4961 | Do Mergers Improve Information? Evidence from the Loan Market Author(s): Fabio Panetta, Fabiano Schivardi, Matthew Shum Published March 2005 |
DP4960 | Loss Functions in Option Valuation: A Framework for Model Selection Author(s): Dennis Bams, Thorsten Lehnert, Christian C Wolff Published March 2005 |
DP4959 | Time Variation in Term Premia: International Evidence Author(s): Ron Jongen, Willem F C Verschoor, Christian C Wolff Published March 2005 |
DP4958 | Forecasting the Spot Exchange Rate with the Term Structure of Forward Premia: Multivariate Threshold Cointegration Author(s): Michel R van Tol, Christian C Wolff Published March 2005 |
DP4957 | A Phillips Curve for China Author(s): Jörg Scheibe, David Vines Published March 2005 |
DP4956 | Insurance Policies for Monetary Policy in the Euro Area Author(s): Keith Küster, Volker Wieland Published March 2005 |
DP4955 | Agency Conflicts, Investment and Asset Pricing Author(s): Rui Albuquerque, Neng Wang Published March 2005 |
DP4954 | The Impact of Turkey's Membership on EU Voting Author(s): Richard Baldwin, Mika Widgrén Published March 2005 |
DP4953 | The Foreign Service and Foreign Trade: Embassies as Export Promotion Author(s): Andrew K Rose Published March 2005 |
DP4952 | Belief in a Just World and Redistributive Politics Author(s): Roland Bénabou, Jean Tirole Published March 2005 |
DP4951 | Allocation of Prizes in Asymmetric All-Pay Auctions Author(s): Chen Cohen, Aner Sela Published March 2005 |
DP4950 | Did Inflation Really Soar After the Euro Cash Changeover? Indirect Evidence from ATM Withdrawals Author(s): Paolo Angelini, Francesco Lippi Published March 2005 |
DP4949 | Do Locational Spillovers Pay? Empirical Evidence from German IPO Data Author(s): David B Audretsch, Erik E Lehmann Published March 2005 |
DP4948 | Monetary Policy with Single Instrument Feedback Rules Author(s): Bernardino Adão, Isabel Correia, Pedro Teles Published March 2005 |
DP4947 | The Early Modern Great Divergence: Wages, Prices and Economic Development in Europe and Asia, 1500-1800 Author(s): Stephen N Broadberry, Bishnupriya Gupta Published March 2005 |
DP4946 | Demand for Education and Labour Market Outcomes: Lessons from the Abolition of Compulsory Conscription in France Author(s): Eric Maurin, Theodora Xenogiani Published March 2005 |
DP4945 | Assessing the Foreign Control of Production of Technology: The Case of a Small Open Economy Author(s): Michele Cincera, Bruno van Pottelsberghe de la Potterie, Reinhilde Veugelers Published March 2005 |
DP4944 | Financing and the Protection of Innovators Author(s): Gerard Llobet, Javier Suarez Published March 2005 |
DP4943 | Neoclassical Growth and the 'Trivial' Steady State Author(s): Hendrik Hakenes, Andreas Irmen Published March 2005 |
DP4942 | Learning Foreign Languages.Theoretical and Empirical Implications of the Selten and Pool Model Author(s): Victor Ginsburgh, Ignacio Ortuño-Ortín, Shlomo Weber Published March 2005 |
DP4941 | Time Consistency of Fiscal and Monetary Policy: A Solution Author(s): Torsten Persson, Mats Persson, Lars E.O. Svensson Published March 2005 |
DP4940 | Vive la Révolution! Long Term Returns of 1968 to the Angry Students Author(s): Eric Maurin, Sandra McNally Published March 2005 |
DP4939 | Marriage and the City Author(s): Pieter A. Gautier, Michael Svarer, Coen N Teulings Published March 2005 |
DP4938 | Forms of Democracy, Policy and Economic Development Author(s): Torsten Persson Published February 2005 |
DP4937 | How Transition Paths Differ: Enterprise Performance in Russia and China Author(s): Sumon Kumar Bhaumik, Saul Estrin Published February 2005 |
DP4936 | A Simple Model of Economic Geography à la Helpman-Tabuchi Author(s): Yasusada Murata, Jacques-François Thisse Published February 2005 |
DP4935 | Do Risk Premia Protect from Banking Crises? Author(s): Hans Gersbach, Jan Wenzelburger Published February 2005 |
DP4934 | Optimal Sliding Scale Regulation: An Application to Regional Electricity Distribution in England and Wales Author(s): David Hawdon, Lester Hunt, Paul L Levine, Neil Rickman Published February 2005 |
DP4933 | Rising Trade Costs? Agglomeration and Trade with Endogenous Transaction Costs Author(s): Gilles Duranton, Michael Storper Published February 2005 |
DP4932 | The Corporate Governance of Defined-Benefit Pension Plans: Evidence from the United Kingdom Author(s): Joâo Francisco P.D. Cocco, Paolo Volpin Published February 2005 |
DP4931 | Does Longevity Cause Growth? Author(s): Moshe Hazan, Hosny Zoabi Published February 2005 |
DP4930 | Asset Pricing Implications of Pareto Optimality with Private Information Author(s): Narayana Kocherlakota, Luigi Pistaferri Published February 2005 |
DP4929 | Trade Protection and Industry Wage Structure in Poland Author(s): Chor-Ching Goh, Beata Javorcik Published February 2005 |
DP4928 | Je T'aime, Moi Non Plus: Bilateral Opinions and International Trade Author(s): Anne-Célia Disdier, Thierry Mayer Published February 2005 |
DP4927 | Job Security and Job Protection Author(s): Andrew E Clark, Fabien Postel-Vinay Published February 2005 |
DP4925 | Strategic Experimentation and Disruptive Technological Change Author(s): Fabiano Schivardi, Martin Schneider Published February 2005 |
DP4924 | Managerial Leverage is Limited By the Extent of the Market: Hierarchies, Specialization and the Utilization of Lawyers' Human Capital Author(s): Luis Garicano, Thomas Hubbard Published February 2005 |
DP4923 | International Financial Adjustment Author(s): Pierre-Olivier Gourinchas, Hélène Rey Published February 2005 |
DP4922 | Euler Equation Errors Author(s): Martin Lettau, Sydney C. Ludvigson Published February 2005 |
DP4921 | Why is Long-Horizon Equity Less Risky? A Duration-based Explanation of the Value Premium Author(s): Martin Lettau, Jessica Wachter Published February 2005 |
DP4920 | Current Account Theory and the Dynamics of US Net Foreign Liabilities Author(s): Giancarlo Corsetti, Panagiotis T Konstantinou Published February 2005 |
DP4919 | Retained State Shareholding in Chinese PLCs: Does Government Ownership Reduce Corporate Value? Author(s): Saul Estrin, Lihui Tian Published February 2005 |
DP4918 | Are the Welfare State and Distribution Really that Bad for the Economy? Effects of Reciprocal Altruism, Consumer Rivalry and Second Best Author(s): Frederick van der Ploeg Published February 2005 |
DP4917 | A Full Equilibrium Relevant Market Test: Application to Computer Servers Author(s): Marc Ivaldi, Szabolcs Lörincz Published February 2005 |
DP4916 | Cross-Country Variations in Capital Structures: The Role of Bankruptcy Codes Author(s): Viral V. Acharya, Kose John, Rangarajan K Sundaram Published February 2005 |
DP4915 | Trends in Hours, Balanced Growth and the Role of Technology in the Business Cycle Author(s): Jordi Galí Published February 2005 |
DP4914 | The Term Structure of the Risk-Return Tradeoff Author(s): John Y Campbell, Luis M Viceira Published February 2005 |
DP4913 | Dynamic Consumption and Portfolio Choice with Stochastic Volatility in Incomplete Markets Author(s): George Chacko, Luis M Viceira Published February 2005 |
DP4912 | Identifying Technology Spillovers and Product Market Rivalry Author(s): Nicholas Bloom, Mark Schankerman, John Van Reenen Published February 2005 |
DP4911 | Monetary Policies for Developing Countries: The Role of Institutional Quality Author(s): Haizhou Huang, Shang-Jin Wei Published February 2005 |
DP4910 | The Predictive Power of the Yield Spread: Further Evidence and A Structural Interpretation Author(s): Carlo A. Favero, Iryna Kaminska, Ulf Söderström Published February 2005 |
DP4909 | Parameter Instability, Model Uncertainty and the Choice of Monetary Policy Author(s): Carlo A. Favero, Fabio Milani Published February 2005 |
DP4908 | Regional Wage and Employment Responses to Market Potential in the EU Author(s): Keith Head, Thierry Mayer Published February 2005 |
DP4907 | A Theory of Influence: The Strategic Value of Public Ignorance Author(s): Isabelle Brocas, Juan D Carrillo Published February 2005 |
DP4906 | Legal, Actual and Desirable Independence: A Case Study of the Bank of Israel Author(s): Alex Cukierman Published February 2005 |
DP4905 | Entrepreneurship Capital - Determinants and Impact Author(s): David B Audretsch, Max Keilbach Published February 2005 |
DP4904 | The Demise of Investment Banking Partnerships: Theory and Evidence Author(s): Alan Morrison, William J Wilhelm Jr Published February 2005 |
DP4903 | Foreign Direct Investment, Competitive Pressure and Spillovers. An Empirical Analysis of Spanish Firm Level Data Author(s): Alessandro Sembenelli, Georges Siotis Published February 2005 |
DP4902 | Exclusive Dealing, Entry and Mergers Author(s): Chiara Fumagalli, Massimo Motta, Lars Persson Published February 2005 |
DP4901 | Structuring and Restructuring Sovereign Debt: The Role of Seniority Author(s): Patrick Bolton, Olivier Jeanne Published February 2005 |
DP4900 | Autopsy on an Empire: Understanding Mortality in Russia and the Former Soviet Union Author(s): Elizabeth Brainerd, David M Cutler Published February 2005 |
DP4899 | Demand Reduction and Pre-emptive Bidding in Multi-Unit License Auctions Author(s): Jacob K. Goeree, Theo Offerman, Randolph Sloof Published February 2005 |
DP4897 | Back to Keynes? Author(s): Frederick van der Ploeg Published February 2005 |
DP4896 | Rolling Back the Public Sector - Differential Effects on Unemployment, Investment and Growth Author(s): Frederick van der Ploeg Published February 2005 |
DP4895 | Globalization and Disinflation: The Efficiency Channel Author(s): Prakash Loungani, Assaf Razin Published February 2005 |
DP4894 | Firms' Productivity Growth and R&D Spillovers: An Analysis of Alternative Technological Proximity Measures Author(s): Michele Cincera Published February 2005 |
DP4893 | Pricing Behaviour and the Introduction of the Euro: Evidence from a Panel of Restaurants Author(s): Eugenio Gaiotti, Francesco Lippi Published February 2005 |
DP4892 | The Economics of Books Author(s): Marcel Canoy, Frederick van der Ploeg, Jan C. van Ours Published February 2005 |
DP4891 | Intermediation in Innovation Author(s): Heidrun C. Hoppe-Wewetzer, Emre Ozdenoren Published February 2005 |
DP4890 | Party Governance and Political Competition with an Application to the American Direct Primacy Author(s): Micael Castanheira, Benoît SY Crutzen, Nicolas Sahuguet Published February 2005 |
DP4889 | Credit Crunch and Keynesian Contraction: Argentina in Crisis Author(s): Javier García-Fronti, Marcus Miller, Lei Zhang Published January 2005 |
DP4888 | The US Current Account and the Dollar Author(s): Olivier Blanchard, Francesco Giavazzi, Filipa Sá Published February 2005 |
DP4887 | Location Choice and Employment Decisions: A Comparison of German and Swedish Multinationals Author(s): Sascha O. Becker, Karolina Ekholm, Robert Jäckle, Marc-Andreas Muendler Published February 2005 |
DP4886 | Is Cash Negative Debt? A Hedging Perspective on Corporate Financial Policies Author(s): Viral V. Acharya, Heitor Almeida, Murillo Campello Published February 2005 |
DP4885 | Experimental Evidence on the Persistence of Output and Inflation Author(s): Klaus Adam Published January 2005 |
DP4884 | Preferential Trade Agreements as Stumbling Blocks for Multilateral Trade Liberalization: Evidence for the US Author(s): Nuno Limão Published January 2005 |
DP4883 | On the Community Patent Author(s): Steffen Hoernig Published January 2005 |
DP4882 | Retirement Expectations, Pension Reforms and Their Effect on Private Wealth Accumulation Author(s): Renata Bottazzi, Tullio Jappelli, Mario Padula Published January 2005 |
DP4881 | Child Labour, Crop Shocks and Credit Constraints Author(s): Kathleen Beegle, Rajeev H Dehejia, Roberta Gatti Published January 2005 |
DP4880 | Optimal Monetary Policy Rules, Asset Prices and Credit Frictions Author(s): Ester Faia, Tommaso Monacelli Published January 2005 |
DP4879 | The Effects of Globalization on Worker Training Author(s): Hans Gersbach, Armin Schmutzler Published January 2005 |
DP4878 | Benefits of Broad-based Option Pay Author(s): Roman Inderst, Holger M Mueller Published January 2005 |
DP4877 | Is Poland the Next Spain? Author(s): Francesco Caselli, Silvana Tenreyro Published January 2005 |
DP4876 | How to Win Twice at an Auction: On the Incidence of Commissions in Auction Markets Author(s): Victor Ginsburgh, Patrick Legros, Nicolas Sahuguet Published January 2005 |
DP4875 | Disenfranchisement in Linguistically Diverse Societies: The Case of the European Union Author(s): Victor Ginsburgh, Ignacio Ortuño-Ortín, Shlomo Weber Published January 2005 |
DP4874 | Indeterminacy and Unemployment Fluctuations with Constant Returns to Scale in Production Author(s): Frédéric Dufourt, Teresa Lloyd-Braga, Leonor Modesto Published January 2005 |
DP4873 | Bidding in Mandatory Bankruptcy Auctions: Theory and Evidence Author(s): B Espen Eckbo, Karin S Thorburn Published January 2005 |
DP4872 | A Multi-Country Approach to Factor-Proportions Trade and Trade Costs Author(s): James R. Markusen, Anthony Venables Published January 2005 |
DP4871 | Privatization and Restructuring in Concentrated Markets Author(s): Pehr-Johan Norbäck, Lars Persson Published January 2005 |
DP4870 | Relational Delegation Author(s): Ricardo Alonso, Niko Matouschek Published January 2005 |
DP4869 | Equilibrium Exchange Rates in Central and Eastern Europe: A Meta-Regression Analysis Author(s): Balázs Égert, László Halpern Published January 2005 |
DP4868 | Foreign Investment, Corporate Ownership, and Development: Are Firms in Emerging Markets Catching Up to the World Standard? Author(s): Klara Sabirianova Peter, Jan Svejnar, Katherine Terrell Published January 2005 |
DP4867 | Financial Markets and Wages Author(s): Claudio Michelacci, Vincenzo Quadrini Published January 2005 |
DP4866 | The Reform of October 1979: How it Happened and Why Author(s): David E Lindsey, Athanasios Orphanides, Robert H Rasche Published January 2005 |
DP4865 | The Decline of Activist Stabilization Policy: Natural Rate Misperceptions, Learning and Expectations Author(s): Athanasios Orphanides, John C Williams Published January 2005 |
DP4864 | Policy-oriented Parties and the Choice Between Social and Private Insurance Author(s): Philippe De Donder, Jean Hindricks Published January 2005 |
DP4863 | The Evolution of Retirement Author(s): José Ignacio Conde-Ruiz, Vincenzo Galasso, Paola Profeta Published January 2005 |
DP4862 | Do Demand Curves for Currencies Slope Down? Evidence from the MSCI Global Index Change Author(s): Harald Hau, Massimo Massa, Joël Peress Published January 2005 |
DP4861 | Earnings Manipulation and Incentives in Firms Author(s): Guido Friebel, Sergei Guriev Published January 2005 |
DP4860 | Growth, Distance to Frontier and Composition of Human Capital Author(s): Philippe Aghion, Costas Meghir, Jérôme Vandenbussche Published January 2005 |
DP4859 | Gains From Trade in Used Goods: Evidence from the Global Market for Automobiles Author(s): Sofronis Clerides Published January 2005 |
DP4858 | Firm-Specific Capital, Nominal Rigidities and the Business Cycle Author(s): David E Altig, Lawrence J. Christiano, Martin Eichenbaum, Jesper Lindé Published January 2005 |
DP4857 | Does Distance Matter in Spillover? Author(s): Muraközy Balázs, László Halpern Published January 2005 |
DP4856 | Pill, Patch or Shot? Subjective Expectations and Birth Control Choice Author(s): Adeline Delavande Published January 2005 |
DP4855 | World Finance and the US 'New Economy': Risk Sharing and Risk Exposure Author(s): Marcus Miller, Lei Zhang Published January 2005 |
DP4854 | Central Bank Forecasts and Disclosure Policy: Why it Pays to be Optimistic Author(s): Sylvester C W Eijffinger, Mewael F. Tesfaselassie Published January 2005 |
DP4853 | Optimal Life-Cycle Asset Allocation: Understanding the Empirical Evidence Author(s): Francisco J Gomes, Alexander Michaelides Published January 2005 |
DP4852 | Wealth Accumulation and Portfolio Choice with Taxable and Tax-Deferred Accounts Author(s): Francisco J Gomes, Alexander Michaelides, Valery Polkovnichenko Published January 2005 |
DP4851 | Long run Effects of Public Sector Sponsored Training in West Germany Author(s): Michael Lechner, Ruth Miquel, Conny Wunsch Published January 2005 |
DP4850 | Earnings Manipulation and Incentives in Firms Author(s): Guido Friebel, Sergei Guriev Published January 2005 |
DP4849 | The Impact of Consumer Loss Aversion on Pricing Author(s): Paul Heidhues, Botond Köszegi Published January 2005 |
DP4848 | On the Fit and Forecasting Performance of New Keynesian Models Author(s): Marco Del Negro, Frank Schorfheide, Frank Smets, Rafael Wouters Published January 2005 |
DP4847 | Macroeconomic Asymmetry in the European Union: The Difference Between New and Old Members Author(s): Yuliya Demyanyk, Vadym Volosovych Published January 2005 |
DP4846 | Economic Fluctuations in Central and Eastern Europe: The Facts Author(s): Péter Benczúr, Attila Rátfai Published January 2005 |
DP4845 | Granger Causality of the Inflation-Growth Mirror in Accession Countries Author(s): Max Gillman, Anton Nakov Published January 2005 |
DP4844 | Inflation Scares and Forecast-Based Monetary Policy Author(s): Athanasios Orphanides, John C Williams Published January 2005 |
DP4843 | The Macroeconomics of Subsistence Points Author(s): Morten O Ravn, Stephanie Schmitt-Grohé, Martín Uribe Published January 2005 |
DP4842 | Estimating the Effects of Fiscal Policy in OECD Countries Author(s): Roberto Perotti Published January 2005 |
DP4841 | Playing it Safe with Low Conditional Fees versus Being Insured by High Contingent Fees Author(s): Winand Emons Published January 2005 |
DP4839 | Do Foreign Investors Care About Labour Market Regulations? Author(s): Beata Javorcik, Mariana Spatareanu Published January 2005 |
DP4838 | Trade-Inducing Quality Standards for Used Durables Author(s): Sofronis Clerides, Costas Hadjiyiannis Published January 2005 |
DP4837 | Cultural Biases in Economic Exchange Author(s): Luigi Guiso, Paola Sapienza, Luigi Zingales Published January 2005 |
DP4836 | Globalization and Union Opposition to Technological Change Author(s): Kjell Erik Lommerud, Frode Meland, Odd Rune Straume Published January 2005 |
DP4835 | The Role of Asymmetries and Regime Shifts in the Term Structure of Interest Rates Author(s): Richard Clarida, Lucio Sarno, Mark P Taylor, Giorgio Valente Published January 2005 |
DP4834 | Class and Tastes: The Effects of Income and Preference Heterogeneity on Redistribution Author(s): Raquel Fernández, Gilat Levy Published January 2005 |
DP4833 | The Choice of Seasoned-Equity Selling Mechanism: Theory and Evidence Author(s): B Espen Eckbo, Øyvind Norli Published January 2005 |
DP4832 | Liquidity Risk, Leverage and Long-Run IPO Returns Author(s): B Espen Eckbo, Øyvind Norli Published January 2005 |
DP4831 | Mergers with Product Market Risk Author(s): Albert Banal-Estanol, Marco Ottaviani Published January 2005 |
DP4830 | The Reliability of Inflation Forecasts Based on Output Gap Estimates in Real Time Author(s): Athanasios Orphanides, Simon van Norden Published January 2005 |
DP4829 | Limits of Arbitrage and Corporate Financial Policy Author(s): Massimo Massa, Urs Peyer, Zhenxu Tong Published January 2005 |
DP4828 | Monetary Policy Uncertainty and the Stock Market Author(s): Alberto Locarno, Massimo Massa Published January 2005 |
DP4827 | The Effects of Permanent Technology Shocks on Labour Productivity and Hours in the RBC Model Author(s): Jesper Lindé Published January 2005 |
DP4826 | Globalization and Disinflation: A Note Author(s): Assaf Razin Published January 2005 |
DP4825 | Shooting the Auctioneer Author(s): Roger E A Farmer Published January 2005 |
DP4824 | Are European Business Cycles Close Enough to be Just One? Author(s): Maximo Camacho, Gabriel Pérez-Quirós, Lorena Sáiz Matute Published January 2005 |