Year publications

Discussion Papers 2011

DP8804	Monetary Policy Transmission in a Model with Animal Spirits and House Price Booms and Busts Author(s): Peter Bofinger, Sebastian Debes, Johannes Gareis, Eric Mayer Published January 2012
DP8792	Robust Capital Regulation Author(s): Viral V. Acharya, Hamid Mehran, Til Schuermann, Anjan Thakor Published January 2012
DP8791	Political Institution and Long Run Economic Trajectory: Some Lessons from Two Millennia of Chinese Civilization Author(s): Debin Ma Published January 2012
DP8790	Looking Beyond the Incumbent: The Effects of Exposing Corruption on Electoral Outcomes Author(s): Alberto Chong, Ana De La O, Dean S. Karlan, Léonard Wantchékon Published January 2012
DP8788	Capital controls and foreign exchange policy Author(s): Marcel Fratzscher Published January 2012
DP8787	Liquidity, Risk and the Global Transmission of the 2007-08 Financial Crisis and the 2010-11 Sovereign Debt Crisis Author(s): Alexander Chudik, Marcel Fratzscher Published January 2012
DP8786	Competing on Speed Author(s): Emiliano Pagnotta, Thomas Philippon Published January 2012
DP8785	Hey Look at Me: The Effect of Giving Circles on Giving Author(s): Dean S. Karlan, Margaret McConnell Published January 2012
DP8784	The Dilemma of Labor Unions: Local Objectives vs. Global Bargaining Author(s): Carsten Eckel, Hartmut Egger Published January 2012
DP8783	The Relationship between Market Structure and Innovation in Industry Equilibrium: A Case Study of the Global Automobile Industry Author(s): Aamir Rafique Hashmi, Johannes Van Biesebroeck Published January 2012
DP8782	Designing Carbon Taxation Schemes for Automobiles: A Simulation Exercise for Germany Author(s): Adamos Adamou, Sofronis Clerides, Theodoros Zachariadis Published January 2012
DP8781	TV Wars: Exclusive Content and Platform Competition in Pay TV Author(s): Helen Weeds Published January 2012
DP8780	The Role of Central Banks in Financial Stability: How has it changed? Author(s): Willem H. Buiter Published January 2012
DP8779	Sovereign Risk, Fiscal Policy, and Macroeconomic Stability Author(s): Giancarlo Corsetti, Keith Kuester, André Meier, Gernot Müller Published January 2012
DP8778	Do Public Work Schemes Deter or Encourage Outmigration? Empirical Evidence from China Author(s): Nancy H Chau, Ravi Kanbur, Yu Qin Published January 2012
DP8777	Peer Effects, Risk Pooling, and Status Seeking: What Explains Gift Spending Escalation in Rural China? Author(s): Xi Chen, Ravi Kanbur, Xiaobo Zhang Published January 2012
DP8776	Team Incentives: Evidence from a Firm Level Experiment Author(s): Oriana Bandiera, Iwan Barankay, Imran Rasul Published January 2012
DP8775	Evaporating Liquidity Author(s): Stefan Nagel Published January 2012
DP8774	Smart Buyers Author(s): Mike Burkart, Samuel Lee Published January 2012
DP8773	Why Do Institutional Investors Chase Return Trends? Author(s): Aydogan Alt, Ron Kaniel, Uzi Yoeli Published January 2012
DP8772	Criminal Networks: Who is the Key Player? Author(s): Lung-Fei Lee, Xiaodong Liu, Eleonora Patacchini, Yves Zenou Published January 2012
DP8771	Economics and Climate Change: Integrated Assessment in a Multi-Region World Author(s): John Hassler, Per Krusell Published January 2012
DP8770	The Diffusion of Microfinance Author(s): Abhijit Banerjee, Arun G Chandrasekhar, Esther Duflo, Matthew O. Jackson Published January 2012
DP8769	Securitization Without Risk Transfer Author(s): Viral V. Acharya, Philipp Schnabl, Gustavo Suarez Published January 2012
DP8768	Trade and industrialisation after globalisation?s 2nd unbundling: How building and joining a supply chain are different and why it matters Author(s): Richard Baldwin Published January 2012
DP8767	North-South Standards Harmonization and International Trade Author(s): Olivier Cadot, Anne-Célia Disdier, Lionel Fontagné Published January 2012
DP8766	Intermediaries in International Trade: Direct versus indirect modes of export Author(s): Andrew B. Bernard, Marco Grazzi, Chiara Tomasi Published January 2012
DP8765	Internalization, Clearing and Settlement, and Liquidity Author(s): Hans Degryse, Mark Van Achter, Gunther Wuyts Published January 2012
DP8764	Aggregate Investment Externalities and Macroprudential Regulation Author(s): Hans Gersbach, Jean-Charles Rochet Published January 2012
DP8763	Does dual employment protection affect TFP? Evidence from Spanish manufacturing firms Author(s): Juan J. Dolado, Salvador Ortigueira, Rodolfo Stucchi Published January 2012
DP8762	Exclusive dealing as a barrier to entry? Evidence from automobiles Author(s): Laura Nurski, Frank Verboven Published January 2012
DP8761	Service Trade and Occupational Tasks: An Empirical Investigation Author(s): Andrea Ariu, Giordano Mion Published January 2012
DP8760	Reconciling Trade and Climate Policies Author(s): Jaime de Melo, Nicole Andréa Mathys Published January 2012
DP8759	Efficient Cheap Talk in Directed Search: On the Non-essentiality of Commitment in Market Games Author(s): Kyungmin Kim, Philipp Kircher Published January 2012
DP8758	Italy?s Comparative Advantage: A Long-Run Perspective Author(s): Giovanni Federico, Nikolaus Wolf Published January 2012
DP8757	The Strategic Formation of Networks: Experimental Evidence Author(s): Juan D Carrillo, Arya Gaduh Published January 2012
DP8756	The advertising mix for a search good Author(s): Simon P Anderson, Régis Renault Published January 2012
DP8755	Prior Selection for Vector Autoregressions Author(s): Domenico Giannone, Michele Lenza, Giorgio E Primiceri Published January 2012
DP8754	Making a Voluntary Greek Debt Exchange Work Author(s): Mitu Gulati, Jeromin Zettelmeyer Published January 2012
DP8753	Capital Controls with International Reserve Accumulation: Can this Be Optimal? Author(s): Philippe Bacchetta, Kenza Benhima, Yannick Kalantzis Published January 2012
DP8752	Verti-zontal Differentiation in Monopolistic Competition Author(s): Francesco Di Comite, Jacques-François Thisse, Hylke Vandenbussche Published January 2012
DP8751	The Risky Steady-State Author(s): Nicolas Coeurdacier, Hélène Rey, Pablo Winant Published January 2012
DP8750	International Capital Flows with Limited Commitment and Incomplete Markets Author(s): Jürgen von Hagen, Haiping Zhang Published January 2012
DP8749	Fiscal Policy as a Stabilization Tool Author(s): Antonio Fatás, Ilian Mihov Published January 2012
DP8748	Multilateral economic cooperation and the international transmission of fiscal policy Author(s): Giancarlo Corsetti, Gernot Müller Published January 2012
DP8747	Currency Momentum Strategies Author(s): Lukas Menkhoff, Lucio Sarno, Maik Schmeling, Andreas Schrimpf Published January 2012
DP8746	Home Bias in Open Economy Financial Macroeconomics Author(s): Nicolas Coeurdacier, Hélène Rey Published January 2012
DP8745	Sources of Risk in Currency Returns Author(s): Mikhail Chernov, Jeremy Graveline, Irina Zviadadze Published January 2012
DP8744	Individual Investor Activity and Performance Author(s): Magnus Dahlquist, José Vicente Martinez, Paul Söderlind Published January 2012
DP8743	Sovereign Debt Rating Changes and the Stock Market Author(s): Alexander Michaelides, Andreas Milidonis, George Nishiotis, Panayiotis Papakyriacou Published January 2012
DP8742	A Series of Unfortunate Events: Common Sequencing Patterns in Financial Crises Author(s): Carmen M. Reinhart Published January 2012
DP8741	Seeds of Distrust: Conflict in Uganda Author(s): Dominic Rohner, Mathias Thoenig, Fabrizio Zilibotti Published January 2012
DP8740	Do Cash Transfers Improve Birth Outcomes? Evidence from Matched Vital Statistics, Social Security and Program Data Author(s): Veronica Amarante, Marco Manacorda, Edward Miguel, Andrea Vigorito Published January 2012
DP8739	Seasonal Migration and Risk Aversion Author(s): Gharad Bryan, Shyamal Chowdhury, Ahmed Mushfiq Mobarak Published January 2012
DP8738	Rotten Parents and Disciplined Children: A Politico-Economic Theory of Public Expenditure and Debt Author(s): Zheng Michael Song, Kjetil Storesletten, Fabrizio Zilibotti Published January 2012
DP8737	Consolidating the Water Industry: An Analysis of the Potential Gains from Horizontal Integration in a Conditional Efficiency Framework Author(s): Michael Zschille Published January 2012
DP8736	The Regulation of Land Markets: Evidence from Tenancy Reform in India Author(s): Timothy J. Besley, Jessica Leight, Rohini Pande, Vijayendra Rao Published January 2012
DP8735	Taxing Women: A Macroeconomic Analysis Author(s): Nezih Guner, Remzi Kaygusuz, Gustavo Ventura Published January 2012
DP8734	Women's Empowerment and Economic Development Author(s): Esther Duflo Published January 2012
DP8733	Premise-Based versus Outcome-Based Information Aggregation Author(s): Geoffroy de Clippel, Kfir Eliaz Published January 2012
DP8732	Network Cognition Author(s): Roberta Dessí, Edoardo Gallo, Sanjeev Goyal Published January 2012
DP8731	Innovation, Spillovers and Venture Capital Contracts Author(s): Roberta Dessí Published January 2012
DP8730	Consumer Arbitrage Across a Porous Border Author(s): Ambarish Chandra, Keith Head, Mariano Tappata Published January 2012
DP8729	A Theory of Income Smoothing When Insiders Know More Than Outsiders Author(s): Viral V. Acharya, Bart Lambrecht Published January 2012
DP8728	Institutions and Business Cycles Author(s): Sumru G. Altug, Mustafa Emin, Bilin Neyapti Published January 2012
DP8727	Trade, Wages, and Profits Author(s): Peter Egger, Hartmut Egger, Udo Kreickemeier Published December 2011
DP8726	The Dracula Effect: Voter Information and Trade Policy Author(s): Ruben Enikolopov, Maria Petrova, Giacomo AM Ponzetto Published December 2011
DP8725	Moving up the Quality ladder? EU-China Trade Dynamics in Clothing Author(s): Francesco Di Comite, Laura Rovegno, Hylke Vandenbussche, Christian Viegelahn Published December 2011
DP8724	On the Selection of Arbitrators Author(s): Geoffroy de Clippel, Kfir Eliaz, Brian Knight Published December 2011
DP8723	When the State Mirrors the Family: The Design of Pension Systems Author(s): Vincenzo Galasso, Paola Profeta Published December 2011
DP8722	Self-Esteem, Shame and Personal Motivation Author(s): Roberta Dessí, Xiaojian Zhao Published December 2011
DP8721	Fiscal Devaluations Author(s): Emmanuel Farhi, Gita Gopinath, Oleg Itskhoki Published December 2011
DP8720	How Do Credit Supply Shocks Propagate Internationally? A GVAR approach Author(s): Sandra Eickmeier, Tim Ng Published December 2011
DP8719	Superstars and the Long Tail: The impact of technology on market structure in media industries Author(s): Helen Weeds Published December 2011
DP8718	How immigrant children affect the academic achievement of native Dutch children Author(s): Asako Ohinata, Jan C. van Ours Published December 2011
DP8717	Assessing the impact of Mali?s water privatization across stakeholders Author(s): Antonio Estache, Emili Grifell-Tatjé Published December 2011
DP8716	Sub-field normalization in the multiplicative case: High- and low-impact citation indicators Author(s): Neus Herranz, Javier Ruiz-Castillo Published December 2011
DP8715	Sub-field normalization in the multiplicative case: Average-based citation indicators Author(s): Neus Herranz, Javier Ruiz-Castillo Published December 2011
DP8714	Scattered Trust - Did the 2007-08 financial crisis change risk perceptions? Author(s): Roland Füss, Thomas Gehrig, Philipp B Rindler Published December 2011
DP8713	Hope, Change, and Financial Markets: Can Obama's Words Drive the Market? Author(s): Sharmin Sazedj, José Tavares Published December 2011
DP8712	Is the Financial Safety Net a Barrier to Cross-Border Banking? Author(s): Ata Can Bertay, Asli Demirguc-Kunt, Harry Huizinga Published December 2011
DP8711	The Evolution of the Racial Gap in Education and the Legacy of Slavery Author(s): Graziella Bertocchi, Arcangelo Dimico Published December 2011
DP8710	Pricing Liquidity Risk with Heterogeneous Investment Horizons Author(s): Alessandro Beber, Joost Driessen, Patrick Tuijp Published December 2011
DP8709	Fiscal spending for economic growth in the presence of imperfect markets Author(s): Asif Islam, Ramón López Published December 2011
DP8708	The economics of predation: What drives pricing when there is learning-by-doing? Author(s): David Besanko, Ulrich Doraszelski, Yaroslav Kryukov Published December 2011
DP8707	The Causal Effect of Education on Health: What is the Role of Health Behaviors? Author(s): Giorgio Brunello, Margherita Fort, Nicole Schneeweis, Rudolf Winter-Ebmer Published December 2011
DP8706	Are Banks Passive Liquidity Backstops? Deposit Rates and Flows during the 2007-2009 Crisis Author(s): Viral V. Acharya, Nada Mora Published December 2011
DP8705	A Model of Liquidity Hoarding and Term Premia in Inter-Bank Markets Author(s): Viral V. Acharya, David Skeie Published December 2011
DP8704	Procurement with specialized firms Author(s): Jan Boone, Christoph Schottmüller Published December 2011
DP8703	The International Monetary System: Living with Asymmetry Author(s): Maurice Obstfeld Published December 2011
DP8702	Good rankings are bad - Why reliable rankings can hurt consumers Author(s): Laurent Bouton, Georg Kirchsteiger Published December 2011
DP8701	The wrong shape of insurance? What cross-sectional distributions tell us about models of consumption-smoothing Author(s): Tobias Broer Published December 2011
DP8700	Great Moderation or Great Mistake: Can rising confidence in low macro-risk explain the boom in asset prices? Author(s): Tobias Broer, Afroditi Kero Published December 2011
DP8699	State Capacity and Military Conflict Author(s): Nicola Gennaioli, Hans-Joachim Voth Published December 2011
DP8698	Real-Time Analysis of Oil Price Risks Using Forecast Scenarios Author(s): Christiane Baumeister, Lutz Kilian Published December 2011
DP8697	The Career Costs of Children Author(s): Jérôme Adda, Christian Dustmann, Katrien Stevens Published December 2011
DP8696	Using Export Market Performance to Evaluate Regional Preferential Policies in China Author(s): Annette Schminke, Johannes Van Biesebroeck Published December 2011
DP8695	Effects of Deregulation and Vertical Unbundling on the Performance of China's Electricity Generation Sector Author(s): Hang Gao, Johannes Van Biesebroeck Published December 2011
DP8694	Natural resource wealth: the challenge of managing a windfall Author(s): Frederick van der Ploeg, Anthony Venables Published December 2011
DP8693	The Impact of 'Rollover' Contracts on Switching Costs in the UK Voice Market: Evidence from Disaggregate Customer Billing Data Author(s): Gregory S. Crawford, Nicola Tosini, Keith Waehrer Published December 2011
DP8691	Reforming an Insider-Outsider Labor Market: The Spanish Experience Author(s): Samuel Bentolila, Juan J. Dolado, Juan F Jimeno Published December 2011
DP8690	Gender Differences in Risk Aversion: Do Single-Sex Environments Affect their Development? Author(s): Alison L Booth, Lina Cardona Sosa, Patrick Nolen Published December 2011
DP8689	Average and Marginal Returns to Upper Secondary Schooling in Indonesia Author(s): Pedro Carneiro, Michael Lokshin, Cristobal Ridao-Cano, Nithin Umapathi Published December 2011
DP8688	Apocalypse Then: The Evolution of the North Atlantic Economy and the Global Crisis Author(s): Tamim Bayoumi, Trung Bui Published December 2011
DP8687	Did WTO rules restrain protectionism during the recent systemic crisis? Author(s): Simon J Evenett Published December 2011
DP8686	How local are labor markets? Evidence from a spatial job search model Author(s): Alan Manning, Barbara Petrongolo Published December 2011
DP8685	Climate Policy and Developing Countries Author(s): Hans Gersbach, Noemi Hummel Published December 2011
DP8684	Export dynamics and sales at home Author(s): Nicolas Berman, Antoine Berthou, Jérôme Héricourt Published December 2011
DP8683	The Contribution of Schooling in Development Accounting: Results from a Nonparametric Upper Bound Author(s): Francesco Caselli, Antonio Ciccone Published December 2011
DP8682	Evidence on the impact of minimum wage laws in an informal sector: Domestic workers in South Africa Author(s): Taryn Dinkelman, Vimal Ranchhod Published December 2011
DP8681	The Evaluation of Citation Distributions Author(s): Javier Ruiz-Castillo Published December 2011
DP8680	Endogenous Information Flows and the Clustering of Announcements Author(s): Viral V. Acharya, Peter DeMarzo, Ilan Kremer Published December 2011
DP8679	A Pyrrhic Victory? Bank Bailouts and Sovereign Credit Risk Author(s): Viral V. Acharya, Itamar Drechsler, Philipp Schnabl Published December 2011
DP8678	When Credit Bites Back: Leverage, Business Cycles, and Crises Author(s): Òscar Jordà, Moritz Schularick, Alan M. Taylor Published December 2011
DP8677	The Empirics of Firm Heterogeneity and International Trade Author(s): Andrew B. Bernard, J Bradford Jensen, Stephen J. Redding, Peter K. Schott Published November 2011
DP8676	The Long-Run Effects of the Scramble for Africa Author(s): Stelios Michalopoulos, Elias Papaioannou Published November 2011
DP8675	Optimal Taxation of Top Labor Incomes: A Tale of Three Elasticities Author(s): Thomas Piketty, Emmanuel Saez, Stefanie Stantcheva Published November 2011
DP8674	The end of the European Paradox Author(s): Neus Herranz, Javier Ruiz-Castillo Published November 2011
DP8673	Multiplicative and fractional strategies when journals are assigned to several sub-fields Author(s): Neus Herranz, Javier Ruiz-Castillo Published November 2011
DP8672	Unemployment Benefits and Immigration: Evidence from the EU Author(s): Corrado Giulietti, Martin Guzi, Martin Kahanec, Klaus F Zimmermann Published November 2011
DP8671	China?s Dominance Hypothesis and the Emergence of a Tri-polar Global Currency System Author(s): Marcel Fratzscher, Arnaud Mehl Published November 2011
DP8670	Experimentation in Two-Sided Markets Author(s): Martin Peitz, Sven Rady, Piers Trepper Published November 2011
DP8669	Consumption of cotton cloth in India, 1795-1940 Author(s): Tirthankar Roy Published November 2011
DP8668	Sovereign debt, government myopia, and the financial sector Author(s): Viral V. Acharya, Raghuram G Rajan Published November 2011
DP8667	From Shame to Game in One Hundred Years: The Rise in Premarital Sex and its Destigmitization Author(s): Jesús Fernández-Villaverde, Jeremy Greenwood, Nezih Guner Published November 2011
DP8666	Worktime regulations and spousal labor supply Author(s): Dominique Goux, Eric Maurin, Barbara Petrongolo Published November 2011
DP8665	Alleged Tax Competition: The Mysterious Death of Bequest Taxes in Switzerland Author(s): Marius Brülhart, Raphaël Parchet Published November 2011
DP8664	North-South technology transfer in unionised multinationals Author(s): Kjell Erik Lommerud, Frode Meland, Odd Rune Straume Published November 2011
DP8663	Laws and Norms Author(s): Roland Bénabou, Jean Tirole Published November 2011
DP8662	Resource Windfalls, Political Regimes, and Political Stability Author(s): Francesco Caselli, Andrea Tesei Published November 2011
DP8661	Does the European Financial Stability Facility bail out sovereigns or banks? An event study Author(s): Balint Horvath, Harry Huizinga Published November 2011
DP8660	The Environment and Directed Technical Change Author(s): Daron Acemoglu, Philippe Aghion, Leonardo Bursztyn, David Hémous Published November 2011
DP8658	The "Austerity Myth": Gain without Pain? Author(s): Roberto Perotti Published November 2011
DP8656	Productivity, Relationship-Specific Inputs and the Sourcing Modes of Multinationals Author(s): Fabrice Defever, Farid Toubal Published November 2011
DP8655	Internal Geography and External Trade: regional disparities in Italy, 1861-2011 Author(s): Brian A'Hearn, Anthony Venables Published November 2011
DP8654	On the Distribution of Exchange Rate Regime Treatment Effects on International Trade Author(s): Sabrina Dorn, Peter Egger Published November 2011
DP8653	Immigration and the School System Author(s): Facundo Albornoz-Crespo, Antonio Cabrales, Esther Hauk Published November 2011
DP8652	A Dynamic General Equilibrium Analysis of Monetary Policy Rules, Adverse Selection and Long-Run Financial Risk Author(s): Hans J. Blommestein, Sylvester C W Eijffinger, Zongxin Qian Published November 2011
DP8651	Sovereign CDS and Bond Pricing Dynamics in the Euro-area Author(s): Giorgia Palladini, Richard Portes Published November 2011
DP8650	Persistent Liquidity Effects and Long Run Money Demand Author(s): Fernando Alvarez, Francesco Lippi Published November 2011
DP8649	When Bonds Matter: Home Bias in Goods and Assets Author(s): Nicolas Coeurdacier, Pierre-Olivier Gourinchas Published November 2011
DP8648	Sovereigns, Upstream Capital Flows, and Global Imbalances Author(s): Laura Alfaro, Sebnem Kalemli-Ozcan, Vadym Volosovych Published November 2011
DP8647	How Big are the Gains from International Financial Integration? Author(s): Indrit Hoxha, Sebnem Kalemli-Ozcan, Dietrich Vollrath Published November 2011
DP8646	The Effect of Education on Criminal Convictions and Incarceration: Causal Evidence from Micro-data Author(s): Randi Hjalmarsson, Helena Holmlund, Matthew Lindquist Published November 2011
DP8645	Academic Dynasties: Decentralization and Familism in the Italian Academia Author(s): Ruben Durante, Giovanna Labartino, Roberto Perotti Published November 2011
DP8644	Land deals in Africa: pioneers and speculators Author(s): Paul Collier, Anthony Venables Published November 2011
DP8643	Risk Sharing through Capital Gains Author(s): Faruk Balli, Sebnem Kalemli-Ozcan, Bent E Sørensen Published November 2011
DP8642	Supply-Side Policies and the Zero Lower Bound Author(s): Jesús Fernández-Villaverde, Pablo A. Guerron-Quintana, Juan Francisco Rubio-Ramírez Published November 2011
DP8641	Redistribution and the Multiplier Author(s): Tommaso Monacelli, Roberto Perotti Published November 2011
DP8640	Your place or mine? On the residence choice of young couples in Norway Author(s): Katrine Løken, Kjell Erik Lommerud, Shelly Lundberg Published November 2011
DP8639	A Linder Hypothesis for Foreign Direct Investment Author(s): Pablo Fajgelbaum, Gene M. Grossman, Elhanan Helpman Published November 2011
DP8638	Impact Evaluation of Trade Interventions: Paving the Way Author(s): Olivier Cadot, Ana Fernandes, Julien Gourdon, Aaditya Mattoo Published November 2011
DP8637	Sovereign spreads in the Euro area: Which prospects for a Eurobond? Author(s): Carlo A. Favero, Alessandro Missale Published November 2011
DP8636	Add-on Pricing, Naive Consumers, and the Hidden Welfare Costs of Education Author(s): Michael Kosfeld, Ulrich Schüwer Published November 2011
DP8635	Can Oil Prices Forecast Exchange Rates? Author(s): Domenico Ferraro, Kenneth Rogoff, Barbara Rossi Published November 2011
DP8634	Raising the Financial Costs of Children and Fertility Responses: Evidence from the Kibbutz Author(s): Avraham Ebenstein, Moshe Hazan, Avi Simhon Published November 2011
DP8633	A Dynamic theory of electoral competition Author(s): Marco Battaglini Published November 2011
DP8632	Professional Network and Career Coevolution Author(s): Nicoletta Berardi, Paul Seabright Published November 2011
DP8631	Unconditional Convergence Author(s): Dani Rodrik Published November 2011
DP8630	The impact of dark trading and visible fragmentation on market quality Author(s): Frank de Jong, Hans Degryse, Vincent van Kervel Published November 2011
DP8629	The Benefits of Sequential Screening Author(s): Daniel Krähmer, Roland Strausz Published November 2011
DP8628	Services offshoring and wages: Evidence from micro data Author(s): Ingo Geishecker, Holger Görg Published November 2011
DP8627	The Disappearing Gender Gap: The Impact of Divorce, Wages, and Preferences on Education Choices and Women's Work Author(s): Raquel Fernández, Joyce Cheng Wong Published October 2011
DP8626	Inattention to Rare Events Author(s): Bartosz Adam Mackowiak, Mirko Wiederholt Published October 2011
DP8625	Teaching Practices and Social Capital Author(s): Yann Algan, Pierre Cahuc, Andrei Shleifer Published October 2011
DP8624	Housing and the Macroeconomy: The Role of Bailout Guarantees for Government Sponsored Enterprises Author(s): Karsten Jeske, Dirk Krueger, Kurt Mitman Published October 2011
DP8623	The Old Boy Network: Gender Differences in the Impact of Social Networks on Remuneration in Top Executive Jobs Author(s): Marie Lalanne, Paul Seabright Published October 2011
DP8622	Government Spending Cyclicality: Evidence from Rainfall Shocks as an Instrument for Cyclical Income Author(s): Markus Brückner, Mark Gradstein Published October 2011
DP8621	Diversity and Public Goods: a Natural Experiment with Exogeneous Residential Allocation Author(s): Yann Algan, Camille Hémet, David Laitin Published October 2011
DP8620	Do Giant Oilfield Discoveries Fuel Internal Armed Conflicts? Author(s): Yu-Hsiang Lei, Guy Michaels Published October 2011
DP8619	Industrial Policy and Competition Author(s): Philippe Aghion, Mathias Dewatripont, Liqun Du, Ann Harrison, Patrick Legros Published November 2011
DP8618	Regulation, Privatization, and Airport Charges: Panel Data Evidence from European Airports Author(s): Volodymyr Bilotkach, Joseph A. Clougherty, Juergen Mueller, Anming Zhang Published October 2011
DP8617	The Stock Market Crash of 2008 Caused the Great Recession: Theory and Evidence Author(s): Roger E A Farmer Published October 2011
DP8616	Trade and regional inequality Author(s): Andrés Rodríguez-Pose Published November 2011
DP8615	Intermediaries, transport costs and interlinked transactions Author(s): Mélanie Lefèvre, Joe Tharakan Published October 2011
DP8614	Global Sourcing of a Complex Good Author(s): Johannes Van Biesebroeck, Lijun Zhang Published October 2011
DP8613	Traded and nontraded goods prices, and international risk sharing: an empirical investigation Author(s): Giancarlo Corsetti, Luca Dedola, Francesca Viani Published October 2011
DP8612	130 years of fiscal vulnerabilities and currency crashes in advanced economies Author(s): Marcel Fratzscher, Arnaud Mehl, Isabel Vansteenkiste Published October 2011
DP8611	Financial Flows, Financial Crises, and Global Imbalances Author(s): Maurice Obstfeld Published October 2011
DP8610	Fiscal Multipliers Over the Business Cycle Author(s): Pascal Michaillat Published October 2011
DP8609	More Schooling, More Children: Compulsory Schooling Reforms and Fertility in Europe Author(s): Margherita Fort, Nicole Schneeweis, Rudolf Winter-Ebmer Published October 2011
DP8608	Optimal income taxation with tax avoidance Author(s): Georges Casamatta Published October 2011
DP8607	Private Provision of Public Goods and Information Diffusion in Social Groups Author(s): Kimberley Scharf Published October 2011
DP8606	Scale Economies in Nonprofit Provision, Technology Adoption and Entry Author(s): Kimberley Scharf Published October 2011
DP8605	Multi-Trait Matching and Intergenerational Mobility: A Cinderella Story Author(s): Natalie Chen, Paola Conconi, Carlo Perroni Published October 2011
DP8604	Incorporating theoretical restrictions into forecasting by projection methods Author(s): Raffaella Giacomini, Giuseppe Ragusa Published October 2011
DP8603	Complementing Bagehot: Illiquidity and insolvency resolution Author(s): Sylvester C W Eijffinger, Rob Nijskens Published October 2011
DP8602	When bigger isn?t better: Bail outs and bank behaviour Author(s): Han Hao Li, Marcus Miller, Lei Zhang Published October 2011
DP8601	Political Uncertainty and Risk Premia Author(s): Lubos Pástor, Pietro Veronesi Published October 2011
DP8600	Heterogeneous Firm-Level Responses to Trade Liberalization: A Test Using Stock Price Reactions Author(s): Holger Breinlich Published October 2011
DP8599	The Democratic Transition Author(s): Fabrice Murtin, Romain Wacziarg Published October 2011
DP8598	Grossman-Hart (1986) Goes Global: Incomplete Contracts, Property Rights, and the International Organization of Production Author(s): Pol Antràs Published October 2011
DP8597	The Impact of Trade Promotion Services on Canadian Exporter Performance Author(s): Shenjie Chen, Johannes Van Biesebroeck, Emily Yu Published October 2011
DP8596	Surviving the crisis: Foreign multinationals vs domestic firms in Ireland Author(s): Olivier Godart, Holger Görg, Aoife Hanley Published October 2011
DP8595	Weak Governments and Trade Agreements Author(s): Jean-Louis Arcand, Marcelo Olarreaga, Laura Zoratto Published October 2011
DP8594	Pro-poor trade policy in Sub-Saharan Africa Author(s): Alessandro Nicita, Marcelo Olarreaga, Guido Porto Published October 2011
DP8593	Interstate Risk Sharing in Germany:1970-2006 Author(s): Ralf Hepp, Jürgen von Hagen Published October 2011
DP8592	Who Shrunk China? Puzzles in the Measurement of Real GDP Author(s): Robert Feenstra, Hong Ma, J Peter Neary, DS Prasada Rao Published October 2011
DP8591	Gross Capital Flows: Dynamics and Crises Author(s): Fernando A Broner, Tatiana Didier, Aitor Erce, Sergio Schmukler Published October 2011
DP8590	Do Highly Educated Women Choose Smaller Families? Author(s): Moshe Hazan, Hosny Zoabi Published October 2011
DP8589	Race v. Suffrage: The Determinants of Development in Mississippi Author(s): Graziella Bertocchi, Arcangelo Dimico Published October 2011
DP8588	New Business Start-ups and the Business Cycle Author(s): Melvyn G Coles, Ali Moghaddasi Kelishomi Published October 2011
DP8587	Delegated Activism and Disclosure Author(s): Amil Dasgupta, Konstantinos Zachariadis Published October 2011
DP8586	Human Development in Africa: A Long-run Perspective Author(s): Leandro Prados de la Escosura Published September 2011
DP8585	Sinking, Swimming, or Learning to Swim in Medicare Part D Author(s): Jonathan D. Ketcham, Claudio Lucarelli, Eugenio J Miravete, M Christopher Roebuck Published September 2011
DP8584	Nested logit or random coefficients logit? A comparison of alternative discrete choice models of product differentiation Author(s): Laura Grigolon, Frank Verboven Published September 2011
DP8583	Why are firms that export cleaner? International trade and CO2 emissions Author(s): Rikard Forslid, Toshihiro Okubo, Karen-Helene Ulltveit-Moe Published September 2011
DP8582	Explaining the Black/White Employment Gap: The Role of Weak Ties Author(s): Yves Zenou Published September 2011
DP8581	The Price Effects of Cash Versus In-Kind Transfers Author(s): Jesse Cunha, Giacomo De Giorgi, Seema Jayachandran Published September 2011
DP8580	Costly Contracts and Consumer Credit Author(s): Igor Livshits, James MacGee, Michèle Tertilt Published September 2011
DP8579	Industries at the World Technology Frontier: Measuring R&D Efficiency in a Non-Parametric DEA Framework Author(s): Jens Schmidt-Ehmcke, Petra Zloczysti Published September 2011
DP8578	The delegated Lucas tree Author(s): Ron Kaniel, Péter Kondor Published September 2011
DP8577	How Effective Is Monetary Transmission in Developing Countries? A Survey of the Empirical Evidence Author(s): Prachi Mishra, Peter J Montiel, Antonio Spilimbergo Published September 2011
DP8576	Financial-Friction Macroeconomics with Highly Leveraged Financial Institutions Author(s): Sheung Kan Luk, David Vines Published September 2011
DP8575	Income inequality, decentralisation and regional development in Western Europe Author(s): Andy J Pike, Andrés Rodríguez-Pose, John Tomaney, Gianpiero Torrisi, Vassilis Tselios Published September 2011
DP8574	Medium Term Business Cycles in Developing Countries Author(s): Diego Comin, Norman Loayza, Farooq Pasha, Luis Servén Published September 2011
DP8573	Trading and Enforcing Patent Rights Author(s): Alberto Galasso, Mark Schankerman, Carlos Serrano Published September 2011
DP8572	Spatial frictions Author(s): Kristian Behrens, Giordano Mion, Yasusada Murata, Jens Südekum Published September 2011
DP8571	Nudging with information: a randomized field experiment on reminders and feedback Author(s): Giacomo Calzolari, Mattia Nardotto Published September 2011
DP8570	Tax havens or safe havens Author(s): Patrice Pieretti, Jacques-François Thisse, Skerdilajda Zanaj Published September 2011
DP8569	Learning From Stock Prices and Economic Growth Author(s): Joël Peress Published September 2011
DP8568	Returns to Education across Europe Author(s): Daniela Glocker, Viktor Steiner Published September 2011
DP8567	The Financial Crisis and the Geography of Wealth Transfers Author(s): Pierre-Olivier Gourinchas, Hélène Rey, Kai Alexander Truempler Published September 2011
DP8566	Who Benefits from Regional Trade Agreements? The View from the Stock Market Author(s): Christoph Moser, Andrew K Rose Published September 2011
DP8565	Optimal Monetary Policy with Endogenous Entry and Product Variety Author(s): Florin Ovidiu Bilbiie, Ippei Fujiwara, Fabio Ghironi Published September 2011
DP8564	Endogenous Entry, Product Variety, and Business Cycles Author(s): Florin Ovidiu Bilbiie, Fabio Ghironi, Marc J Melitz Published September 2011
DP8563	Estimating Income Elasticity of Government Expenditures: Evidence from Oil Price Shocks Author(s): Markus Brückner, Alberto Chong, Mark Gradstein Published September 2011
DP8562	A Model of the Consumption Response to Fiscal Stimulus Payments Author(s): Greg Kaplan, Giovanni L. Violante Published September 2011
DP8561	Policymakers' Horizon and Trade Reforms: The Protectionist Effect of Elections Author(s): Paola Conconi, Giovanni Facchini, Maurizio Zanardi Published September 2011
DP8560	Monetary Policy and TIPS Yields before the Crisis Author(s): Stefan Gerlach, Laura Moretti Published September 2011
DP8559	Patient Mobility, Health Care Quality and Welfare Author(s): Kurt Richard Brekke, Rosella Levaggi, Luigi Siciliani, Odd Rune Straume Published September 2011
DP8558	The Impact of Economics Blogs Author(s): David J. McKenzie, Berk Özler Published September 2011
DP8557	Dollar Illiquidity and Central Bank Swap Arrangements During the Global Financial Crisis Author(s): Andrew K Rose, Mark Spiegel Published September 2011
DP8556	A DSGE model of banks and financial intermediation with default risk Author(s): Michael R. Wickens Published September 2011
DP8555	Asset Market Participation, Monetary Policy Rules and the Great Inflation Author(s): Florin Ovidiu Bilbiie, Roland Straub Published September 2011
DP8554	The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States Author(s): Karel Mertens, Morten O Ravn Published September 2011
DP8553	Money, Financial Stability and Efficiency Author(s): Franklin Allen, Elena Carletti, Douglas M Gale Published September 2011
DP8552	Fiscal Union Consensus Design under the Risk of Autarky Author(s): Jaime Luque, Massimo Morelli, José Tavares Published August 2011
DP8551	Why Europe has become environmentally cleaner: Decomposing the roles of fiscal, trade and environmental policies Author(s): Ramón López, Amparo Palacios Published August 2011
DP8550	Does Trade Cause Capital to Flow? Evidence from Historical Rainfalls Author(s): Sebnem Kalemli-Ozcan, Alex Nikolsko-Rzhevskyy Published August 2011
DP8549	Leverage Across Firms, Banks and Countries Author(s): Sebnem Kalemli-Ozcan, Bent E Sørensen, Sevcan Yesiltas Published August 2011
DP8548	Transparency, Appropriability and the Early State Author(s): Joram Mayshar, Omer Moav, Zvika Neeman Published August 2011
DP8546	External Adjustment and the Global Crisis Author(s): Philip R. Lane, Gian Maria Milesi-Ferretti Published August 2011
DP8545	Gender Gaps across Countries and Skills: Supply, Demand and the Industry Structure Author(s): Claudia Olivetti, Barbara Petrongolo Published August 2011
DP8544	The arrival of cheap goods: Measuring the impact of Chinese import competition on Nordic prices Author(s): Raphael Auer, Andreas M Fischer, Andreas Kropf Published August 2011
DP8543	What Hinders Investment in the Aftermath of Financial Crises: Insolvent Firms or Illiquid Banks? Author(s): Sebnem Kalemli-Ozcan, Herman Kamil, Carolina Villegas-Sanchez Published August 2011
DP8542	Out-of-Sample Forecast Tests Robust to the Choice of Window Size Author(s): Atsushi Inoue, Barbara Rossi Published August 2011
DP8541	Long-Term Barriers to the International Diffusion of Innovations Author(s): Enrico Spolaore, Romain Wacziarg Published August 2011
DP8540	Supplier Responses to Wal-Mart's Invasion in Mexico Author(s): Leonardo Iacovone, Beata Javorcik, Wolfgang Keller, James R Tybout Published August 2011
DP8539	Information Aggregation, Investment, and Managerial Incentives Author(s): Elias Albagli, Christian Hellwig, Aleh Tsyvinski Published August 2011
DP8538	Auctions vs Negotiations in Public Procurement: Which Works Better? Author(s): Rafael Lalive, Armin Schmutzler Published August 2011
DP8537	Education and Invention Author(s): Otto Toivanen, Lotta Väänänen Published August 2011
DP8536	On the Genesis of Multinational Foreign Affiliate Networks Author(s): Peter Egger, Matthias Fahn, Valeria Merlo, Georg Wamser Published August 2011
DP8535	The Impact of Trade on Organization and Productivity Author(s): Lorenzo Caliendo, Esteban Rossi-Hansberg Published August 2011
DP8534	Retail Chain Expansion: The Early Years of McDonalds in Great Britain Author(s): Otto Toivanen, Michael Waterson Published August 2011
DP8533	Can Market Failure Cause Political Failure Author(s): Madhav Aney, Maitreesh Ghatak, Massimo Morelli Published August 2011
DP8532	Taxation and Regulation of Bonus Pay Author(s): Timothy J. Besley, Maitreesh Ghatak Published August 2011
DP8531	Time to Decide: Information Search and Revelation in Groups Author(s): Arthur Campbell, Florian Ederer, Johannes Spinnewijn Published August 2011
DP8530	Price Distortions and Economic Growth in Sub-Saharan Africa Author(s): Kym Anderson, Markus Brückner Published August 2011
DP8529	Marriage as a Rat Race: Noisy Pre-Marital Investments with Assortative Matching Author(s): Venkataraman Bhaskar, Ed Hopkins Published August 2011
DP8528	Fiscal Volatility Shocks and Economic Activity Author(s): Jesús Fernández-Villaverde, Pablo A. Guerron-Quintana, Keith Kuester, Juan Francisco Rubio-Ramírez Published August 2011
DP8527	Optimal taxes on fossil fuel in general equilibrium Author(s): Mikhail Golosov, John Hassler, Per Krusell, Aleh Tsyvinski Published August 2011
DP8526	Capital Regulation and Tail Risk Author(s): Enrico C Perotti, Lev Ratnovski, Razvan Vlahu Published August 2011
DP8525	Inefficient Provision of Liquidity Author(s): Oliver Hart, Luigi Zingales Published August 2011
DP8524	Life Expectancy and Schooling: New Insights from Cross-Country Data Author(s): Moshe Hazan Published August 2011
DP8523	Sports and Child Development Author(s): Christina Felfe, Michael Lechner, Andreas Steinmayr Published August 2011
DP8522	Simultaneous Search and Network Efficiency Author(s): Pieter A. Gautier, Christian Holzner Published August 2011
DP8521	Long-run patterns in market efficiency and the genesis of the market economy: Markets around the Mediterranean from Nebuchadnezzar to Napoleon (580 BC and 1800AD) Author(s): Péter Földvári, Bas van Leeuwen, Jan Luiten Van Zanden Published August 2011
DP8520	What Explains the German Labor Market Miracle in the Great Recession? Author(s): Michael C Burda, Jennifer Hunt Published August 2011
DP8519	Preferences for Consistency Author(s): Armin Falk, Florian Zimmermann Published August 2011
DP8518	Stories of the Twentieth Century for the Twenty-First Author(s): Pierre-Olivier Gourinchas, Maurice Obstfeld Published August 2011
DP8517	Country Heterogeneity and the International Evidence on the Effects of Fiscal Policy Author(s): Carlo A. Favero, Francesco Giavazzi, Jacopo Perego Published August 2011
DP8516	For an Olive Wreath? Olympic Games and Anticipation Effects in Macroeconomics Author(s): Markus Brückner, Evi Pappa Published August 2011
DP8515	Structural Vector Autoregressions Author(s): Lutz Kilian Published August 2011
DP8514	Asset Pricing under Rational Learning about Rare Disasters Author(s): Christos Koulovatianos, Volker Wieland Published August 2011
DP8513	Austerity and Anarchy: Budget Cuts and Social Unrest in Europe, 1919-2008 Author(s): Jacopo Ponticelli, Hans-Joachim Voth Published August 2011
DP8512	A Flexible Test for Present Bias and Time Preferences using Land-Lease Contracts Author(s): Pieter A. Gautier, Aico van Vuuren Published August 2011
DP8511	Liquidity When It Matters Most: QE and Tobin?s q Author(s): John Driffill, Marcus Miller Published August 2011
DP8510	Does Raising the Retirement Age Increase Employment of Older Workers? Author(s): Stefan Staubli, Josef Zweimüller Published August 2011
DP8509	Sequential All-Pay Auctions with Noisy Outputs Author(s): Ella Segev, Aner Sela Published August 2011
DP8508	Investment and capital structure of partially private regulated firms Author(s): Carlo Cambini, Yossi Spiegel Published August 2011
DP8507	On the political economics of tax reforms Author(s): Micael Castanheira, Gaëtan Nicodème, Paola Profeta Published August 2011
DP8506	Assessing Racial Discrimination in Parole Release Author(s): Stéphane Mechoulan, Nicolas Sahuguet Published August 2011
DP8505	Is teenage motherhood contagious? Evidence from a Natural Experiment Author(s): Karin Monstad, Carol Propper, Kjell G Salvanes Published August 2011
DP8504	Of Religion and Redemption: Evidence from Default on Islamic Loans Author(s): Lieven Baele, Moazzam Farooq, Steven Ongena Published August 2011
DP8503	Properties of Foreign Exchange Risk Premiums Author(s): Lucio Sarno, Paul Schneider, Christian Wagner Published August 2011
DP8502	Leveraging Monopoly Power by Degrading Interoperability: Theory and evidence from computer markets Author(s): Christos D. Genakos, Kai-Uwe Kühn, John Van Reenen Published August 2011
DP8501	Health Insurance without Single Crossing: why healthy people have high coverage Author(s): Jan Boone, Christoph Schottmüller Published August 2011
DP8500	The 'Out of Africa' Hypothesis, Human Genetic Diversity, and Comparative Economic Development Author(s): Quamrul H. Ashraf, Oded Galor Published August 2011
DP8499	The Effects of Cannabis Use on Physical and Mental Health Author(s): Jan C. van Ours, Jenny Williams Published August 2011
DP8498	Management practices: Are not for profits different? Author(s): Josse Delfgaauw, Robert Dur, Carol Propper, Sarah L. Smith Published July 2011
DP8497	Spillovers from the Euro Area Sovereign Debt Crisis: A Macroeconometric Model Based Analysis Author(s): Tamim Bayoumi, Francis Vitek Published July 2011
DP8496	Capital Flows, Push versus Pull Factors and the Global Financial Crisis Author(s): Marcel Fratzscher Published July 2011
DP8495	A Many-Country Model of Industrialization Author(s): Holger Breinlich, Alejandro Cuñat Published July 2011
DP8494	Export Restrictions and Price Insulation During Commodity Price Booms Author(s): Kym Anderson, Will Martin Published July 2011
DP8493	The land that Lean manufacturing forgot? Management practices in transition countries Author(s): Nicholas Bloom, Helena Schweiger, John Van Reenen Published July 2011
DP8492	Risk Sharing with the Monarch: Contigent Debt and Excusable Defaults in the Age of Philip II, 1556-1598 Author(s): Mauricio Drelichman, Hans-Joachim Voth Published July 2011
DP8491	Competition and Industry Structure for International Rail Transportation Author(s): Guido Friebel, Marc Ivaldi, Jérôme Pouyet Published July 2011
DP8490	How have Europeans Grown so Tall? Author(s): Timothy J. Hatton Published July 2011
DP8489	Poor Countries or Poor People? Development Assistance and the New Geography of Global Poverty Author(s): Ravi Kanbur, Andy Sumner Published July 2011
DP8488	Sources of entropy in representative agent models Author(s): David Backus, Mikhail Chernov, Stanley E. Zin Published July 2011
DP8487	A Gains from Trade Perspective on Macroeconomic Fluctuations Author(s): Paul Beaudry, Franck Portier Published July 2011
DP8486	Growth, Colonization, and Institutional Development: In and Out of Africa Author(s): Graziella Bertocchi Published July 2011
DP8485	Contractual Dualism, Market Power and Informality Author(s): Arnab K Basu, Nancy H Chau, Ravi Kanbur Published July 2011
DP8484	Firm collaboration and modes of innovation in Norway Author(s): Rune Dahl Fitjar, Andrés Rodríguez-Pose Published July 2011
DP8483	International Recessions Author(s): Fabrizio Perri, Vincenzo Quadrini Published July 2011
DP8482	The Deterrence Effects of U.S. Merger Policy Instruments Author(s): Joseph A. Clougherty, Jo Seldeslachts Published July 2011
DP8481	Does Europe have an innovation policy? The case of EU economic law Author(s): Lauren Battaglia, Pierre Larouche, Matteo Negrinotti Published July 2011
DP8480	Regime Changes and Financial Markets Author(s): Andrew Ang, Allan Timmermann Published July 2011
DP8479	On the High-Frequency Dynamics of Hedge Fund Risk Exposures Author(s): Andrew J Patton, Tarun Ramadorai Published July 2011
DP8478	Standardized Enforcement: Access to Justice vs Contractual Innovation Author(s): Nicola Gennaioli, Enrico C Perotti Published July 2011
DP8477	Peer Effects in Education, Sport, and Screen Activities: Local Aggregate or Local Average? Author(s): Xiaodong Liu, Eleonora Patacchini, Yves Zenou Published July 2011
DP8476	Asset Commonality, Debt Maturity and Systemic Risk Author(s): Franklin Allen, Ana Babus, Elena Carletti Published July 2011
DP8475	Use of Banking Services in Emerging Markets--Household-Level Evidence Author(s): Thorsten Beck, Martin Brown Published July 2011
DP8474	Absorptive Capacity and the Growth Effects of Regional Transfers: A Regression Discontinuity Design with Heterogeneous Treatment Effects Author(s): Sascha O. Becker, Peter Egger, Maximilian von Ehrlich Published July 2011
DP8473	Self-employment of rural-to-urban migrants in China Author(s): Corrado Giulietti, Guangjie Ning, Klaus F Zimmermann Published July 2011
DP8472	ECB Reaction Functions and the Crisis of 2008 Author(s): Stefan Gerlach, John Lewis Published July 2011
DP8471	Accounting For Endogenous Search Behavior in Matching Function Estimation Author(s): Daniel Borowczyk-Martins, Grégory Jolivet, Fabien Postel-Vinay Published July 2011
DP8470	The Economic Impact of Social Ties: Evidence from German Reunification Author(s): Konrad B. Burchardi, Tarek Alexander Hassan Published July 2011
DP8469	Productivity volatility and the misallocation of resources in developing economies Author(s): John Asker, Allan Collard-Wexler, Jan De Loecker Published July 2011
DP8468	The Effect of Public Sector Employment on Women's Labour Market Outcomes Author(s): Brindusa Anghel, Sara de la Rica, Juan J. Dolado Published July 2011
DP8467	Innovation, Trade, and Finance Author(s): Peter Egger, Christian Keuschnigg Published July 2011
DP8466	When is capital enough to get female microenterprises growing? Evidence from a randomized experiment in Ghana Author(s): Marcel Fafchamps, David J. McKenzie, Simon Quinn, Christopher Woodruff Published July 2011
DP8465	The possibility of ideological bias in structural macroeconomics models Author(s): Gilles Saint-Paul Published July 2011
DP8464	Towards a Political Economy of Macroeconomic Thinking Author(s): Gilles Saint-Paul Published June 2011
DP8463	Cardiovascular Consequences of Unfair Pay Author(s): Armin Falk, Ingo Menrath, Johannes Siegrist, Pablo Emilio Verde Published June 2011
DP8462	Growth, Selection and Appropriate Contracts Author(s): Alessandra Bonfiglioli, Gino Gancia Published June 2011
DP8461	Competition leverage: how the demand side affects optimal risk adjustment Author(s): Michiel Bijlsma, Jan Boone, Gijsbert Zwart Published June 2011
DP8460	The Impact of Controlled Foreign Company Legislation on Real Investments Abroad: A Two-dimensional Regression Discontinuity Design Author(s): Peter Egger, Georg Wamser Published June 2011
DP8459	International Migration, Imperfect Information, and Brain Drain Author(s): Vianney Dequiedt, Yves Zenou Published June 2011
DP8458	Structural Estimation of Gravity Models with Path-dependent Market Entry Author(s): Peter Egger, Michael Pfaffermayr Published June 2011
DP8457	Strategic Asset Allocation in Money Management Author(s): Suleyman Basak, Dmitry Makarov Published June 2011
DP8456	CDS Auctions Author(s): Mikhail Chernov, Alexander Gorbenko, Igor Makarov Published June 2011
DP8455	The more we know on the fundamental, the less we agree on the price Author(s): Péter Kondor Published June 2011
DP8454	Fund Managers, Career Concerns, and Asset Price Volatility Author(s): Veronica Guerrieri, Péter Kondor Published June 2011
DP8453	Bailout Uncertainty in a Microfounded General Equilibrium Model of the Financial System Author(s): Alex Cukierman, Yehuda Izhakian Published June 2011
DP8452	Self-Help Groups and Mutual Assistance: Evidence from Urban Kenya Author(s): Marcel Fafchamps, Eliana La Ferrara Published June 2011
DP8451	Need for Speed: Is Faster Trade in the EU Trade-creating? Author(s): Cecília Hornok Published June 2011
DP8450	Can the Fed talk the hind legs off the stock market? Author(s): Sylvester C W Eijffinger, Ronald J Mahieu, Louis Raes Published June 2011
DP8449	Short-Time Work: The German Answer to the Great Recession Author(s): Karl Brenke, Ulf Rinne, Klaus F Zimmermann Published June 2011
DP8448	Knocking on Heaven?s Door? Protestantism and Suicide Author(s): Sascha O. Becker, Ludger Woessmann Published June 2011
DP8447	The Economic Impact of Merger Control Legislation Author(s): Elena Carletti, Philipp Hartmann, Steven Ongena Published June 2011
DP8446	Have Rating Agencies Become More Conservative? Implications for Capital Structure and Debt Pricing Author(s): Ramin P. Baghai, Henri Servaes, Ane Tamayo Published June 2011
DP8445	Coverage of Infertility Treatment and Fertility Outcomes: Do Women Catch Up? Author(s): Matilde Pinto Machado, Anna Sanz-de-Galdeano Published June 2011
DP8444	Strategic Complementarity, Fragility, and Regulation Author(s): Xavier Vives Published June 2011
DP8443	Social Networks and Parental Behavior in the Intergenerational Transmission of Religion Author(s): Eleonora Patacchini, Yves Zenou Published June 2011
DP8442	A Theoretical Analysis of Public Funding for Research Author(s): Gianni De Fraja Published June 2011
DP8441	Does Female Empowerment Promote Economic Development? Author(s): Matthias Doepke, Michèle Tertilt Published June 2011
DP8440	A quality index for patent systems Author(s): Matthis de Saint-Georges, Bruno van Pottelsberghe de la Potterie Published June 2011
DP8439	Animal Spirits, Financial Crises and Persistent Unemployment Author(s): Roger E A Farmer Published June 2011
DP8438	Global crises and equity market contagion Author(s): Geert Bekaert, Michael Ehrmann, Marcel Fratzscher, Arnaud Mehl Published June 2011
DP8437	Endogenous Public Information and Welfare in Market Games Author(s): Xavier Vives Published June 2011
DP8436	International Taxation and Cross-Border Banking Author(s): Harry Huizinga, Johannes Voget, Wolf Wagner Published June 2011
DP8435	Optimal top marginal tax rates under income splitting for couples Author(s): Stefan Bach, Giacomo Corneo, Viktor Steiner Published June 2011
DP8434	A Brief Survey of the Economics of Open Source Software Author(s): Chaim Fershtman, Neil Gandal Published June 2011
DP8433	Legal Institutions, Innovation and Growth Author(s): Luca Anderlini, Leonardo Felli, Giovanni Immordino, Alessandro Riboni Published June 2011
DP8432	Inference for VARs Identified with Sign Restrictions Author(s): Eleonora Granziera, Mihye Lee, Hyungsik Roger Moon, Frank Schorfheide Published June 2011
DP8431	Schooling and Youth Mortality: Learning from a Mass Military Exemption Author(s): Piero Cipollone, Alfonso Rosolia Published June 2011
DP8430	How Wages and Employment Adjust to Trade Liberalization: Quasi-Experimental Evidence from Austria Author(s): Marius Brülhart, Céline Carrère, Federico Trionfetti Published June 2011
DP8429	A Second Look at the Pesticides Initiative Program: Evidence from Senegal Author(s): Olivier Cadot, Mélise Jaud Published June 2011
DP8427	Development Effects of Electrification: Evidence from the Geologic Placement of Hydropower Plants in Brazil* Author(s): Tania Barham, Molly Lipscomb, Ahmed Mushfiq Mobarak Published June 2011
DP8426	A Large-Market Rational Expectations Equilibrium Model Author(s): Xavier Vives Published June 2011
DP8425	The Tax Benefit of Income Smoothing Author(s): Kristian Rydqvist, Steven Schwartz, Joshua Spizman Published June 2011
DP8424	Corporate taxes and the location of intellectual property Author(s): Rachel Griffith, Helen Miller, Martin O'Connell Published June 2011
DP8423	Enhancing the Efficiency of Water Supply ? Product Market Competition versus Trade Author(s): Reto Foellmi, Urs Meister Published June 2011
DP8422	Poultry in Motion: A Study of International Trade Finance Practices Author(s): Pol Antràs, C. Fritz Foley Published June 2011
DP8421	The Political Cost of Reforms Author(s): Alessandra Bonfiglioli, Gino Gancia Published June 2011
DP8420	Energy Demand and Trade in General Equilibrium: An Eaton-Kortum-type Structural Model and Counterfactual Analysis Author(s): Peter Egger, Sergey Nigai Published June 2011
DP8419	Inference on Impulse Response Functions in Structural VAR Models Author(s): Atsushi Inoue, Lutz Kilian Published June 2011
DP8418	On the origins of gender roles: women and the plough Author(s): Alberto F Alesina, Paola Giuliano, Nathan Nunn Published June 2011
DP8417	Evaluation of the Risks of Collective Dominance in the Audit Industry in France Author(s): Olivier Billard, Marc Ivaldi, Sebastien Mitraille Published June 2011
DP8416	Travel Demand Model with Heterogeneous Users and Endogenous Congestion: An application to optimal pricing of bus services Author(s): Marco Batarce, Marc Ivaldi Published June 2011
DP8415	Water Nationalization: network access, water quality, and health outcomes Author(s): Fernando Borraz, Nicolás González, Marcelo Olarreaga Published June 2011
DP8414	Real-Time Forecasts of the Real Price of Oil Author(s): Christiane Baumeister, Lutz Kilian Published June 2011
DP8413	From First-Release to Ex-Post Fiscal Data: Exploring the Sources of Revision Errors in the EU Author(s): Roel Beetsma, Benjamin Bluhm, Massimo Giuliodori, Peter Wierts Published June 2011
DP8412	Field Experiments with Firms Author(s): Oriana Bandiera, Iwan Barankay, Imran Rasul Published June 2011
DP8411	Inherited vs Self-Made Wealth: Theory & Evidence from a Rentier Society (Paris 1872-1937) Author(s): Thomas Piketty, Gilles Postel-Vinay, Jean Laurent Rosenthal Published June 2011
DP8410	Skill-Biased Technological Change and the Business Cycle Author(s): Almut Balleer, Thijs van Rens Published June 2011
DP8409	Money and Happiness: Evidence from the Industry Wage Structure Author(s): Jörn-Steffen Pischke Published June 2011
DP8408	Resource Allocation in the Brain Author(s): Ricardo Alonso, Isabelle Brocas, Juan D Carrillo Published June 2011
DP8407	Is there a trade-off between inflation and output stabilization? Author(s): Alejandro Justiniano, Giorgio E Primiceri, Andrea Tambalotti Published June 2011
DP8406	Inequality, Development, and the Stability of Democracy -Lipset and Three Critical Junctures in German History Author(s): Florian Jung, Uwe Sunde Published June 2011
DP8405	Optimal Contracts with Enforcement Risk Author(s): Nicola Gennaioli Published May 2011
DP8404	Financial Protectionism: the First Tests Author(s): Andrew K Rose, Tomasz Wieladek Published May 2011
DP8403	Privately versus Publicly Optimal Skin in the Game: Optimal Mechanism and Security Design Author(s): Gilles Chemla, Christopher Hennessy Published May 2011
DP8402	Dynamic Hedging in Incomplete Markets: A Simple Solution Author(s): Suleyman Basak, Georgy Chabakauri Published May 2011
DP8401	Unemployment in an Estimated New Keynesian Model Author(s): Jordi Galí, Frank Smets, Rafael Wouters Published May 2011
DP8400	International Capital Flows and Aggregate Output Author(s): Jürgen von Hagen, Haiping Zhang Published May 2011
DP8399	Asymmetric Broadband Wholesale Regulation Author(s): Steffen Hoernig Published May 2011
DP8398	Interest Rates and Credit Risk Author(s): Carlos González-Aguado, Javier Suarez Published May 2011
DP8397	Legal Investor Protection and Takeovers Author(s): Mike Burkart, Denis Gromb, Holger M Mueller, Fausto Panunzi Published May 2011
DP8396	How Do Business and Financial Cycles Interact? Author(s): Stijn Claessens, Ayhan Kose, Marco E Terrones Published May 2011
DP8395	Trading Fees and Efficiency in Limit Order Markets Author(s): Jean-Edouard Colliard, Thierry Foucault Published May 2011
DP8393	Baby Booming Inequality? Demographic Change and Earnings Inequality in Norway, 1967-2000 Author(s): Ingvild Almås, Tarjei Havnes, Magne Mogstad Published May 2011
DP8392	Venture Capital, Patenting, and Usefulness of Innovations Author(s): Simona Fabrizi, Steffen Lippert, Pehr-Johan Norbäck, Lars Persson Published May 2011
DP8391	Inequality, Tax Avoidance, and Financial Instability Author(s): Augustin Landier, Guillaume Plantin Published May 2011
DP8390	Hyperbolic Discounting and Positive Optimal Inflation Author(s): Liam Graham, Dennis J. Snower Published May 2011
DP8389	Canada: No Place Like Home for Antidumping Author(s): Rodney D Ludema, Anna Maria Mayda Published May 2011
DP8388	Forecasting the Price of Oil Author(s): Ron Alquist, Lutz Kilian, Robert J. Vigfusson Published May 2011
DP8387	Stock Prices and Monetary Policy Shocks: A General Equilibrium Approach Author(s): Edouard Challe, Chryssi Giannitsarou Published May 2011
DP8386	Credit Conditions and the Real Economy: The Elephant in the Room Author(s): John Muellbauer, David M Williams Published May 2011
DP8385	Law and Economy in Traditional China: A "Legal Origin" Perspective on the Great Divergence Author(s): Debin Ma Published May 2011
DP8384	British Relative Economic Decline Revisited Author(s): Nicholas Crafts Published May 2011
DP8383	Sequential Contests with Synergy and Budget Constraints Author(s): Reut Megidish, Aner Sela Published May 2011
DP8382	Trade Liberalization and the Wage Skill Premium: Evidence from Indonesia Author(s): Mary Amiti, Lisa Cameron Published May 2011
DP8381	Household Leverage and the Recession Author(s): Virgiliu Midrigan, Thomas Philippon Published May 2011
DP8380	Formation and Persistence of Oppositional Identities Author(s): Alberto Bisin, Eleonora Patacchini, Thierry Verdier, Yves Zenou Published May 2011
DP8379	Financial Cycles: What? How? When? Author(s): Stijn Claessens, Ayhan Kose, Marco E Terrones Published May 2011
DP8378	Relational contracts when the agent's productivity inside the relationship is correlated with outside opportunities Author(s): Alexander F Wagner Published May 2011
DP8377	Evolution and the Growth Process: Natural Selection of Entrepreneurial Traits Author(s): Oded Galor, Stelios Michalopoulos Published May 2011
DP8376	China's Latent Human Capital Investment: Achieving Milestones and Competing for the Top Author(s): Amelie Constant, Jingzhou Meng, Bienvenue Tien, Klaus F Zimmermann Published May 2011
DP8375	Investing in schooling in Chile: The role of information about financial aid for higher education Author(s): Taryn Dinkelman, Claudia Martínez A Published May 2011
DP8374	Smiling is a Costly Signal of Cooperation Opportunities: Experimental Evidence from a Trust Game Author(s): Samuele Centorrino, Elodie Djemai, Astrid Hopfensitz, Manfred Milinski, Paul Seabright Published May 2011
DP8373	Recessions are bad for workplace safety Author(s): Jan Boone, Jan C. van Ours, Jean-Philippe Wuellrich, Josef Zweimüller Published May 2011
DP8372	Organizational Economics with Cognitive Costs Author(s): Luis Garicano, Andrea Prat Published May 2011
DP8371	Investments in Pharmaceuticals Before and After TRIPS Author(s): Margaret K Kyle, Anita M McGahan Published May 2011
DP8370	The Welfare Effects of Bundling in Multichannel Television Markets Author(s): Gregory S. Crawford, Ali Yurukoglu Published April 2011
DP8369	The Rise and Fall of Spain (1270-1850) Author(s): Carlos Álvarez-Nogal, Leandro Prados de la Escosura Published April 2011
DP8368	Do Local Elections in Non-Democracies Increase Accountability? Evidence from Rural China Author(s): Monica Martinez-Bravo, Gerard Padró i Miquel, Nancy Qian, Yang Yao Published April 2011
DP8367	Market Size and Pharmaceutical Innovation Author(s): Oliver de Mouzon, Pierre Dubois, Fiona Scott Morton, Paul Seabright Published April 2011
DP8366	Investments as Signals of Outside Options Author(s): Susanne Goldlücke, Patrick W. Schmitz Published April 2011
DP8365	Persecution Perpetuated: The Medieval Origins of Anti-Semitic Violence in Nazi Germany Author(s): Nico Voigtländer, Hans-Joachim Voth Published April 2011
DP8364	Business cycle measurement with some theory Author(s): Fabio Canova, Matthias Paustian Published April 2011
DP8363	A Test of Racial Bias in Capital Sentencing Author(s): Alberto F Alesina, Eliana La Ferrara Published April 2011
DP8362	Where It All Began: Lending of Last Resort and the Bank of England during the Overend, Gurney Panic of 1866 Author(s): Marc Flandreau, Stefano Ugolini Published April 2011
DP8361	Shifting Credit Standards and the Boom and Bust in US House Prices Author(s): John V Duca, John Muellbauer, Anthony Murphy Published April 2011
DP8360	House Prices and Credit Constraints: Making Sense of the US Experience Author(s): John V Duca, John Muellbauer, Anthony Murphy Published April 2011
DP8359	Debt Portfolios Author(s): Thomas Hintermaier, Winfried Koeniger Published April 2011
DP8358	Sovereign Default Risk and Bank Fragility in Financially Integrated Economies Author(s): Patrick Bolton, Olivier Jeanne Published April 2011
DP8357	On the importance of sectoral and regional shocks for price-setting Author(s): Günter Beck, Kirstin Hubrich, Massimiliano Marcellino Published April 2011
DP8356	Decentralization, Happiness, and the Perception of Institutions Author(s): Luis Diaz-Serrano, Andrés Rodríguez-Pose Published April 2011
DP8355	The International Risk-Sharing Puzzle is at Business Cycle and Lower Frequency Author(s): Giancarlo Corsetti, Luca Dedola, Francesca Viani Published April 2011
DP8354	Hidden consequences of a first-born boy for mothers Author(s): Andrea Ichino, Elly-Ann Lindström, Eliana Viviano Published April 2011
DP8353	Entry and Competition in Differentiated Products Markets Author(s): Catherine Schaumans, Frank Verboven Published April 2011
DP8352	War Signals: A Theory of Trade, Trust and Conflict Author(s): Dominic Rohner, Mathias Thoenig, Fabrizio Zilibotti Published April 2011
DP8351	How Prediction Markets Can Save Event Studies Author(s): Erik Snowberg, Justin Wolfers, Eric Zitzewitz Published April 2011
DP8350	Learning from Prices, Liquidity Spillovers, and Market Segmentation Author(s): Giovanni Cespa, Thierry Foucault Published April 2011
DP8349	Market Size, Competition, and the Product Mix of Exporters Author(s): Thierry Mayer, Marc J Melitz, Gianmarco Ottaviano Published April 2011
DP8348	Macroeconomic Effects of Unconventional Monetary Policy in the Euro Area Author(s): Gert Peersman Published April 2011
DP8347	Business Cycle Synchronization Since 1880 Author(s): Michael J Artis, George Chouliarakis, PKG Harischandra Published April 2011
DP8346	ECB Repo Rate Setting During the Financial Crisis Author(s): Stefan Gerlach Published April 2011
DP8345	Are capital intensive firms the biggest exporters? Author(s): Rikard Forslid, Toshihiro Okubo Published April 2011
DP8344	The Effect of Agglomeration Size on Local Taxes Author(s): Eva Luthi, Kurt Schmidheiny Published April 2011
DP8343	Carry Trade and Momentum in Currency Markets Author(s): Craig Burnside, Martin Eichenbaum, Sérgio Rebelo Published April 2011
DP8342	Joint estimates of automatic and discretionary fiscal policy: the OECD 1981-2003 Author(s): Julia Darby, Jacques Melitz Published April 2011
DP8341	The Changing International Transmission of Financial Shocks: Evidence from a Classical Time-Varying FAVAR Author(s): Sandra Eickmeier, Wolfgang Lemke, Massimiliano Marcellino Published April 2011
DP8340	Learning as a Rational Foundation for Macroeconomics and Finance Author(s): George W. Evans, Seppo Honkapohja Published April 2011
DP8339	Does Parental Education Affect Fertility? Evidence from Pre-Demographic Transition Prussia Author(s): Sascha O. Becker, Francesco Cinnirella, Ludger Woessmann Published April 2011
DP8338	Patent Office Governance and Patent System Quality Author(s): Pierre M Picard, Bruno van Pottelsberghe de la Potterie Published April 2011
DP8337	The Flight Home Effect: Evidence from the Syndicated Loan Market During Financial Crises Author(s): Mariassunta Giannetti, Luc Laeven Published April 2011
DP8336	Security Design: Signaling versus Speculative Markets Author(s): Gilles Chemla, Christopher Hennessy Published April 2011
DP8335	Industrial Catching Up in the Poor Periphery 1870-1975 Author(s): Jeffrey G Williamson Published April 2011
DP8334	The role of intuition and reasoning in driving aversion to risk and ambiguity Author(s): Jeff Butler, Luigi Guiso, Tullio Jappelli Published April 2011
DP8333	Optimal Bank Capital Author(s): Gilberto Marcheggiano, David Miles, Jing Yang Published April 2011
DP8332	Systemic Risk and Network Formation in the Interbank Market Author(s): Ethan Cohen-Cole, Eleonora Patacchini, Yves Zenou Published April 2011
DP8331	Cross-Listing, Investment Sensitivity to Stock Price and the Learning Hypothesis Author(s): Thierry Foucault, Laurent Frésard Published April 2011
DP8330	Tax-Adjusted Discount Rates: A General Formula under Constant Leverage Ratios Author(s): Peter Molnár, Kjell G Nyborg Published April 2011
DP8329	Intergenerational Redistribution in the Great Recession Author(s): Andrew Glover, Jonathan Heathcote, Dirk Krueger, José-Víctor Ríos-Rull Published April 2011
DP8328	Taxes, Social Subsidies and the Allocation of Work Time Author(s): Liwa Rachel Ngai, Christopher Pissarides Published April 2011
DP8327	Leverage as a Predictor for Real Activity and Volatility Author(s): Robert Kollmann, Stefan Zeugner Published April 2011
DP8326	Happiness on Tap: Piped Water Adoption in Urban Morocco Author(s): Florencia Devoto, Esther Duflo, Pascaline Dupas, William Parienté, Vincent Pons Published April 2011
DP8325	How do credit conditions shape economic recoveries? Author(s): Fabrizio Coricelli, Isabelle Roland Published April 2011
DP8324	Liquidity shocks, roll-over risk and debt maturity Author(s): Anatoli Segura, Javier Suarez Published April 2011
DP8323	A Theory of BOT Concession Contracts Author(s): Emmanuelle Auriol, Pierre M Picard Published April 2011
DP8322	Credit Channels in a Liquidity Trap Author(s): Karel Mertens, Morten O Ravn Published April 2011
DP8321	Classical time-varying FAVAR models - Estimation, forecasting and structural analysis Author(s): Sandra Eickmeier, Wolfgang Lemke, Massimiliano Marcellino Published April 2011
DP8320	Retaining through training; even for older workers Author(s): Matteo Picchio, Jan C. van Ours Published April 2011
DP8319	An impure public good model with lotteries in large groups Author(s): Antonio Cabrales, Haydée Lugo Published April 2011
DP8318	The Origins of Intergenerational Associations in Crime: Lessons from Swedish Adoption Data Author(s): Randi Hjalmarsson, Matthew Lindquist Published April 2011
DP8317	Machines and machinists: Capital-skill complementarity from an international trade perspective Author(s): Márton Csillag, Miklós Koren Published April 2011
DP8316	Persistent anti-market culture: A legacy of the Pale of Settlement and of the Holocaust Author(s): Irena Grosfeld, Alexander Rodnyansky, Ekaterina Zhuravskaya Published April 2011
DP8315	Democratization and Civil Liberties: The Role of Violence During the Transition Author(s): Matteo Cervellati, Piergiuseppe Fortunato, Uwe Sunde Published April 2011
DP8314	Predicting Lotto Numbers Author(s): Claus Bjørn Jørgensen, Sigrid Suetens, Jean-Robert Tyran Published April 2011
DP8313	Hedging and Vertical Integration in Electricity Markets Author(s): René Aïd, Gilles Chemla, Arnaud Porchet, Nizar Touzi Published April 2011
DP8312	Voluntary participation and intergenerational risk sharing in a funded pension system Author(s): Roel Beetsma, Ward E Romp, Siert-Jan Vos Published April 2011
DP8311	Education and Migration Choices in Hierarchical Societies: The Case of Matam, Senegal Author(s): Emmanuelle Auriol, Jean-Luc Demonsant Published April 2011
DP8310	A Decade of Debt Author(s): Carmen M. Reinhart, Kenneth Rogoff Published April 2011
DP8309	What Explains the Lagged Investment Effect? Author(s): Janice Eberly, Sérgio Rebelo, Nicolas Vincent Published April 2011
DP8308	Trust in Public Institutions over the Business Cycle Author(s): Betsey Stevenson, Justin Wolfers Published April 2011
DP8307	Idiosyncratic Return Volatility in the Cross-Section of Stocks Author(s): Namho Kang, Péter Kondor, Ronnie Sadka Published April 2011
DP8306	Heterogeneous Responses and Aggregate Impact of the 2001 Income Tax Rebates Author(s): Kanishka Misra, Paolo Surico Published April 2011
DP8305	Mafia and Public Spending: Evidence on the Fiscal Multiplier from a Quasi-experiment Author(s): Antonio Acconcia, Giancarlo Corsetti, Saverio Simonelli Published April 2011
DP8304	The Countercyclical Capital Buffer of Basel III: A Critical Assessment Author(s): Rafael Repullo, Jesús Saurina Published March 2011
DP8303	Expectations, Liquidity, and Short-term Trading Author(s): Giovanni Cespa, Xavier Vives Published March 2011
DP8302	Preventing Collusion through Discretion Author(s): Leonardo Felli, Rafael Hortala-Vallve Published March 2011
DP8301	Creditless Recoveries Author(s): Abdul Abiad, Giovanni DellAriccia, Grace Li Published March 2011
DP8300	Credit Standards and Segregation Author(s): Amine Ouazad, Romain Rancière Published March 2011
DP8299	What Drives U.S. Immigration Policy? Evidence from Congressional Roll Call Votes Author(s): Giovanni Facchini, Max Steinhardt Published March 2011
DP8298	Contractual Structure and Endogenous Matching in Partnerships Author(s): Maitreesh Ghatak, Alexander Karaivanov Published March 2011
DP8297	Are Compact Cities Environmentally Friendly? Author(s): Carl Gaigné, Stéphane Riou, Jacques-François Thisse Published March 2011
DP8296	The Political Value of Land: Democratization and Land Prices in Chile Author(s): Jean-Marie Baland, James A Robinson Published March 2011
DP8295	The Threat Effect of Participation in Active Labor Market Programs on Job Search Behavior of Migrants in Germany Author(s): Gerard van den Berg, Annette Bergemann, Marco Caliendo, Klaus F Zimmermann Published March 2011
DP8294	Sensitivity of matching-based program evaluations to the availability of control variables Author(s): Michael Lechner, Conny Wunsch Published March 2011
DP8293	Does WTO Matter for the Extensive and the Intensive Margins of Trade? Author(s): Pushan Dutt, Ilian Mihov, Timothy Van Zandt Published March 2011
DP8292	A Century of Inflation Forecasts Author(s): Antonello D'Agostino, Paolo Surico Published March 2011
DP8291	Carry Trades and Global Foreign Exchange Volatility Author(s): Lukas Menkhoff, Lucio Sarno, Maik Schmeling, Andreas Schrimpf Published March 2011
DP8290	Price-Cost Margins and Shares of Fixed Factors Author(s): Jozef Konings, Werner Roeger, Liqiu Zhao Published March 2011
DP8289	Competitive Pressure and the Adoption of Complementary Innovations Author(s): Tobias Kretschmer, Eugenio J Miravete, Jose C Pernías Published March 2011
DP8288	The Empire Is Dead, Long Live the Empire! Long-Run Persistence of Trust and Corruption in the Bureaucracy Author(s): Sascha O. Becker, Katrin Boeckh, Christa Hainz, Ludger Woessmann Published March 2011
DP8287	The Irish Crisis Author(s): Philip R. Lane Published March 2011
DP8286	Trade and the Skill Premium Puzzle with Capital Market Imperfections Author(s): Roberto Bonfatti, Maitreesh Ghatak Published March 2011
DP8285	Fragile States and Development Policy Author(s): Timothy J. Besley, Torsten Persson Published March 2011
DP8284	Quality competition with profit constraints: Do non-profit firms provide higher quality than for-profit firms? Author(s): Kurt Richard Brekke, Luigi Siciliani, Odd Rune Straume Published March 2011
DP8283	INSTITUTIONS AND ENTRY: A CROSS-REGIONAL ANALYSIS IN RUSSIA Author(s): Randolph Bruno, Maria Bytchkova, Saul Estrin Published March 2011
DP8282	Public Procurement and Rent-Seeking: The Case of Paraguay Author(s): Emmanuelle Auriol, Thomas Flochel, Stéphane Straub Published March 2011
DP8281	Creative Destruction and Productive Preemption Author(s): Pehr-Johan Norbäck, Lars Persson, Roger Svensson Published March 2011
DP8280	Market Structure, Countervailing Power and Price Discrimination: The Case of Airports Author(s): Jonathan Haskel, Alberto Iozzi, Tommaso Valletti Published February 2011
DP8279	Intertemporal movie distribution: Versioning when customers can buy both versions Author(s): Joan Calzada, Tommaso Valletti Published February 2011
DP8278	The marginal value of cash, cash flow sensitivities, and bank-finance shocks in nonlisted firms Author(s): Charlotte Ostergaard, Amir Sasson, Bent E Sørensen Published February 2011
DP8277	Ownership and Control in a Competitive Industry Author(s): Heiko Karle, Tobias Klein, Konrad O Stahl Published February 2011
DP8276	Do we need big banks? Evidence on performance, strategy and market discipline Author(s): Asli Demirguc-Kunt, Harry Huizinga Published February 2011
DP8275	Pegs and Pain Author(s): Stephanie Schmitt-Grohé, Martín Uribe Published February 2011
DP8274	No News in Business Cycles Author(s): Mario Forni, Luca Gambetti, Luca Sala Published February 2011
DP8273	Bayesian VARs: Specification Choices and Forecast Accuracy Author(s): Andrea Carriero, Todd Clark, Massimiliano Marcellino Published February 2011
DP8272	Scale economies can offset the benefits of competition: Evidence from a school consolidation reform in a universal voucher system Author(s): Monique de Haan, Edwin Leuven, Hessel Oosterbeek Published February 2011
DP8271	A Pigovian Approach to Liquidity Regulation Author(s): Enrico C Perotti, Javier Suarez Published February 2011
DP8270	Endogenous debt crises Author(s): Daniel Cohen, Sébastien Villemot Published February 2011
DP8269	40 years of sovereign debt crises Author(s): Daniel Cohen, Cécile Valadier Published February 2011
DP8268	Variance risk, financial intermediation, and the cross-section of expected option returns Author(s): Norman Schürhoff, Alexandre Ziegler Published February 2011
DP8267	When local interaction does not suffice: Sources of firm innovation in urban Norway Author(s): Rune Dahl Fitjar, Andrés Rodríguez-Pose Published February 2011
DP8266	Why Stare Decisis? Author(s): Luca Anderlini, Leonardo Felli, Alessandro Riboni Published February 2011
DP8265	Competition and Trust: Evidence from German Car Manufacturers Author(s): Leonardo Felli, Johannes Koenen, Konrad O Stahl Published February 2011
DP8264	Currency and Financial Crises of the 1990s and 2000s Author(s): Assaf Razin, Steven Rosefielde Published February 2011
DP8263	Myopic or Farsighted? An Experiment on Network Formation Author(s): Georg Kirchsteiger, Marco Mantovani, Ana Mauleon, Vincent Vannetelbosch Published February 2011
DP8262	On the Strategic Disclosure of Feasible Options in Bargaining Author(s): Geoffroy de Clippel, Kfir Eliaz Published February 2011
DP8261	Fertility and the Plough Author(s): Alberto F Alesina, Paola Giuliano, Nathan Nunn Published February 2011
DP8260	Social Networks and Interactions in Cities Author(s): Robert Helsley, Yves Zenou Published February 2011
DP8259	Individual Investor Trading and Return Patterns around Earnings Announcements Author(s): Ron Kaniel, Shuming Liu, Gideon Saar, Sheridan Titman Published February 2011
DP8258	Does Quality Time Produce Quality Children? Evidence on the Intergenerational Transmission of Human Capital using Parental Deaths Author(s): Eric D Gould, Avi Simhon Published February 2011
DP8257	Sorting and the output loss due to search frictions Author(s): Pieter A. Gautier, Coen N Teulings Published February 2011
DP8256	Export growth and factor market competition: theory and evidence Author(s): Julian Emami Namini, Giovanni Facchini, Ricardo Lopez Published February 2011
DP8255	Tiered Housing Allocation: an Experimental Analysis Author(s): Juan D Carrillo, Saurabh Singhal Published February 2011
DP8254	Structural Development Accounting Author(s): Gino Gancia, Andreas Müller, Fabrizio Zilibotti Published February 2011
DP8253	Conditional versus Unconditional Trade Concessions for Developing Countries Author(s): Paola Conconi, Carlo Perroni Published February 2011
DP8252	The Effects of Tax Shocks on Output: Not So Large, But Not Small Either Author(s): Roberto Perotti Published February 2011
DP8250	A New Index of Currency Mismatch and Systemic Risk Author(s): Romain Rancière, Aaron Tornell, Athanasios Vamvakidis Published February 2011
DP8249	The Demographic Transition: Causes and Consequences Author(s): Oded Galor Published February 2011
DP8248	Financial Black-Holes: The Interaction of Financial Regulation and Bailout Guarantees Author(s): Romain Rancière, Aaron Tornell Published February 2011
DP8247	Which Institutions Encourage Entrepreneurs to Create Larger Firms? Author(s): Saul Estrin, Julia Korosteleva, Tomasz Mickiewicz Published February 2011
DP8246	The Political Economy of Mass Media Author(s): Andrea Prat, David Strömberg Published February 2011
DP8245	The rhetoric of closed borders: quotas, lax enforcement and illegal migration Author(s): Giovanni Facchini, Cecilia Testa Published February 2011
DP8244	Spatial versus Social Mismatch: The Strength of Weak Ties Author(s): Yves Zenou Published February 2011
DP8243	On the Political Economy of Urban Growth: Homeownership versus Affordability Author(s): François Ortalo-Magné, Andrea Prat Published February 2011
DP8242	Small Scale Reservation Laws and the Misallocation of Talent Author(s): Manuel García-Santana, Josep Pijoan-Mas Published February 2011
DP8241	Repeated moral hazard and contracts with memory: A laboratory experiment Author(s): Petra Nieken, Patrick W. Schmitz Published February 2011
DP8240	The Network Structure of International Trade Author(s): Thomas Chaney Published February 2011
DP8239	Targeted transfers and the fiscal response to the great recession Author(s): Hyunseung Oh, Ricardo Reis Published February 2011
DP8238	Flat Tax Reforms: Investment Expensing and Progressivity Author(s): Javier Díaz-Giménez, Josep Pijoan-Mas Published February 2011
DP8237	The Joint Behavior of Hiring and Investment Author(s): Eran Yashiv Published February 2011
DP8236	Trade induced technical change? The impact of Chinese imports on innovation, IT and productivity Author(s): Nicholas Bloom, Mirko Draca, John Van Reenen Published February 2011
DP8235	What Do CEOs Do? Author(s): Oriana Bandiera, Luigi Guiso, Andrea Prat, Raffaella Sadun Published February 2011
DP8234	Markov-switching MIDAS models Author(s): Pierre Guérin, Massimiliano Marcellino Published February 2011
DP8233	Estimating the Aggregate Consumption Euler Equation with State-Dependent Parameters Author(s): Haroon Mumtaz, Paolo Surico Published February 2011
DP8232	Understanding Booms and Busts in Housing Markets Author(s): Craig Burnside, Martin Eichenbaum, Sérgio Rebelo Published February 2011
DP8231	Low-Wage Countries' Competition, Reallocation Across Firms and the Quality Content of Exports Author(s): Julien Martin, Isabelle Mejean Published February 2011
DP8230	Managers' Mobility, Trade Status, and Wages Author(s): Giordano Mion, Luca David Opromolla Published February 2011
DP8229	Efficient and Inefficient Welfare States Author(s): Yann Algan, Pierre Cahuc, Marc Sangnier Published February 2011
DP8228	Why do some people want to legalize cannabis use? Author(s): Michael Grossman, Jan C. van Ours, Jenny Williams Published February 2011
DP8227	The Euro and Corporate Financing Author(s): Arturo Bris, Yrjö Koskinen, Mattias Nilsson Published February 2011
DP8226	Adverse Selection, Credit, and Efficiency: the Case of the Missing Market Author(s): Alberto Martín Published February 2011
DP8225	Beyond GDP and Back: What is the Value-added by Additional Components of Welfare Measurement? Author(s): Sonja C Kassenboehmer, Christoph M Schmidt Published February 2011
DP8224	Carry Trades, Monetary Policy and Speculative Dynamics Author(s): Guillaume Plantin, Hyun Song Shin Published February 2011
DP8223	Dynamic Aspects of Teenage Friendships and Educational Attainment Author(s): Eleonora Patacchini, Edoardo Rainone, Yves Zenou Published February 2011
DP8222	Trade Credit and International Return Comovement Author(s): Rui Albuquerque, Tarun Ramadorai, Sumudu Watugala Published February 2011
DP8221	M-form hierarchy with poorly-diversified divisions: a case of Khrushchev?s reform in Soviet Russia Author(s): Andrei Markevich, Ekaterina Zhuravskaya Published February 2011
DP8220	Investment in Financial Literacy and Saving Decisions Author(s): Tullio Jappelli, Mario Padula Published February 2011
DP8219	Sale Rates and Price Movements in Art Auctions Author(s): Orley C Ashenfelter, Kathryn Graddy Published February 2011
DP8218	International Macro-Finance Author(s): Anna Pavlova, Roberto Rigobon Published January 2011
DP8217	The Detaxation of Overtime Hours: Lessons from the French Experiment Author(s): Pierre Cahuc, Stéphane Carcillo Published January 2011
DP8216	Informational Rents, Macroeconomic Rents, and Efficient Bailouts Author(s): Thomas Philippon, Philipp Schnabl Published January 2011
DP8215	Growth and the Optimal Carbon Tax: When to Switch from Exhaustible Resources to Renewables? Author(s): Frederick van der Ploeg, Cees Withagen Published January 2011
DP8214	Is Short-time Work a Good Method to Keep Unemployment Down? Author(s): Pierre Cahuc, Stéphane Carcillo Published January 2011
DP8213	An Expert Stakeholder?s View on European Integration Challenges Author(s): Amelie Constant, Martin Kahanec, Klaus F Zimmermann Published January 2011
DP8212	Ethnic Identity and Labor-Market Outcomes of Immigrants in Europe Author(s): Alberto Bisin, Eleonora Patacchini, Thierry Verdier, Yves Zenou Published January 2011
DP8211	Can the economic impact of political decentralisation be measured? Author(s): Roberto Ezcurra, Andrés Rodríguez-Pose Published January 2011
DP8210	Changing Developing Country Trade Policies and WTO Engagement Author(s): Bernard Hoekman Published January 2011
DP8209	Testing for Sufficient Information in Structural VARs Author(s): Mario Forni, Luca Gambetti Published January 2011
DP8208	Reservation Wages of First and Second Generation Migrants Author(s): Amelie Constant, Annabelle Krause, Ulf Rinne, Klaus F Zimmermann Published January 2011
DP8207	Economic Preferences and Attitudes of the Unemployed: Are Natives and Second Generation Migrants Alike? Author(s): Amelie Constant, Annabelle Krause, Ulf Rinne, Klaus F Zimmermann Published January 2011
DP8206	Inefficiencies in technology transfer: theory and empirics Author(s): Marie-Laure Allain, Emeric Henry, Margaret K Kyle Published January 2011
DP8205	Understanding the size and profitability of firms: The role of a biological factor Author(s): Luigi Guiso, Aldo Rustichini Published January 2011
DP8204	What drives women out of entrepreneurship? The joint role of testosterone and culture Author(s): Luigi Guiso, Aldo Rustichini Published January 2011
DP8203	Death by Market Power: Reform, Competition and Patient Outcomes in the National Health Service Author(s): Martin Gaynor, Rodrigo Moreno-Serra, Carol Propper Published January 2011
DP8202	Do Migrants Improve Governance at Home? Evidence from a Voting Experiment Author(s): Catia Batista, Pedro C Vicente Published January 2011
DP8201	Credit Risk and Disaster Risk Author(s): François Gourio Published January 2011
DP8200	Equilibrium selection in a fundamental model of money Author(s): Luis Araujo, Bernardo Guimarães Published January 2011
DP8199	Monetary Policy, Leverage, and Bank Risk-taking Author(s): Giovanni DellAriccia, Luc Laeven, Robert Marquez Published January 2011
DP8198	Optimal portfolio allocation for corporate pension funds Author(s): David McCarthy, David Miles Published January 2011
DP8197	Repayment incentives and the distribution of gains from group lending Author(s): Jean-Marie Baland, Rohini Somanathan, Zaki Wahhaj Published January 2011
DP8196	Selective immigration policies, migrants' education and welfare at origin Author(s): Simone Bertoli, Herbert Brücker Published January 2011
DP8195	Contracts as Threats: on a Rationale For Rewarding A while Hoping For B Author(s): Elisabetta Iossa, Giancarlo Spagnolo Published January 2011
DP8194	Forecast Rationality Tests Based on Multi-Horizon Bounds Author(s): Andrew J Patton, Allan Timmermann Published January 2011
DP8193	Unconventional Fiscal Policy at the Zero Bound Author(s): Isabel Correia, Emmanuel Farhi, Juan Pablo Nicolini, Pedro Teles Published January 2011
DP8192	Monetary Policy in the Media Author(s): Helge Berger, Michael Ehrmann, Marcel Fratzscher Published January 2011
DP8191	Trade and Labor Market Outcomes Author(s): Elhanan Helpman, Oleg Itskhoki, Stephen J. Redding Published January 2011
DP8190	Who Should Pay for Certification? Author(s): Konrad O Stahl, Roland Strausz Published January 2011
DP8189	Does Fiscal Policy Matter? Blinder and Solow Revisited Author(s): Roger E A Farmer, Dmitry Plotnikov Published January 2011
DP8188	Import competition from and outsourcing to China: a curse or blessing for firms? Author(s): Giordano Mion, Linke Zhu Published January 2011
DP8187	Welfare regimes and the incentives to work and get educated Author(s): Andrés Rodríguez-Pose, Vassilis Tselios Published January 2011
DP8186	Multi-Product Firms at Home and Away: Cost- versus Quality-based Competence Author(s): Carsten Eckel, Leonardo Iacovone, Beata Javorcik, J Peter Neary Published January 2011
DP8185	Criminal Networks: Who is the Key Player? Author(s): Lung-Fei Lee, Xiaodong Liu, Eleonora Patacchini, Yves Zenou Published January 2011
DP8184	Communal Responsibility and the Coexistence of Money and Credit Under Anonymous Matching Author(s): Lars Boerner, Albrecht Ritschl Published January 2011
DP8183	Sequential All-Pay Auctions with Head Starts Author(s): Ella Segev, Aner Sela Published January 2011
DP8182	Citizenship and Employment ? comparing two cool countries Author(s): Pieter Bevelander, Ravi Pendakur Published January 2011
DP8181	Services Trade Liberalization and Regulatory Reform: Re-invigorating International Cooperation Author(s): Bernard Hoekman, Aaditya Mattoo Published January 2011
DP8180	Floats, pegs and the transmission of fiscal policy Author(s): Giancarlo Corsetti, Keith Kuester, Gernot Müller Published January 2011
DP8179	Inequality, Leverage and Crises Author(s): Michael Kumhof, Romain Rancière Published January 2011
DP8178	On the development strategy of countries of intermediate size - An analysis of heterogenous firms in a multiregion framework Author(s): Rikard Forslid, Toshihiro Okubo Published January 2011
DP8177	Second Order Approximation of Dynamic Models with Time-Varying Risk Author(s): Pierpaolo Benigno, Gianluca Benigno, Salvatore Nisticò Published January 2011
DP8176	Anticipated Alternative Instrument-Rate Paths in Policy Simulations Author(s): Stefan Laséen, Lars E.O. Svensson Published January 2011
DP8175	Financial Crisis and Macro-Prudential Policies Author(s): Gianluca Benigno, Huigang Chen, Christopher Otrok, Alessandro Rebucci, Eric R Young Published January 2011
DP8174	Nonlinearities in the Oil Price-Output Relationship Author(s): Lutz Kilian, Robert J. Vigfusson Published January 2011

Total Papers Listed: 612

List update: 22/01/2021 10:01:48