Year publications

Discussion Papers 2012

DP9270	The political economy of trade and migration: Evidence from the U.S. Congress Author(s): Paola Conconi, Giovanni Facchini, Max Steinhardt, Maurizio Zanardi Published December 2012
DP9269	The failure to predict the Great Recession. The failure of academic economics? A view focusing on the role of credit Author(s): Maria Dolores Gadea Rivas, Gabriel Pérez-Quirós Published December 2012
DP9268	The Demand for Liquid Assets, Corporate Saving, and Global Imbalances Author(s): Philippe Bacchetta, Kenza Benhima Published December 2012
DP9267	Carbon Taxes, Path Dependency and Directed Technical Change: Evidence from the Auto Industry Author(s): Philippe Aghion, Antoine Dechezleprêtre, David Hémous, Ralf Martin, John Van Reenen Published December 2012
DP9266	How to use demand systems to evaluate risky projects, with an application to automobile production Author(s): Richard Friberg, Cristian Huse Published December 2012
DP9265	R&D, Socio-Economic Conditions and Regional Innovation in the United States Author(s): Riccardo Crescenzi, Andrés Rodríguez-Pose Published December 2012
DP9263	Economic Science and Political Influence Author(s): Gilles Saint-Paul Published December 2012
DP9262	Valuation Risk and Asset Pricing Author(s): Rui Albuquerque, Martin Eichenbaum, Sérgio Rebelo Published December 2012
DP9261	Non-linear Effects of Taxation on Growth Author(s): Nir Jaimovich, Sérgio Rebelo Published December 2012
DP9260	Importers, Exporters, and Exchange Rate Disconnect Author(s): Mary Amiti, Oleg Itskhoki, Jozef Konings Published December 2012
DP9259	Income, Democracy, and Critical Junctures Author(s): Matteo Cervellati, Florian Jung, Uwe Sunde, Thomas Vischer Published December 2012
DP9257	The Impact of Debt Levels and Debt Maturity on Inflation Author(s): Elisa Faraglia, Albert Marcet, Rigas Oikonomou, Andrew Scott Published December 2012
DP9256	The Fossile Episode Author(s): John Hassler, Hans-Werner Sinn Published December 2012
DP9255	External Imbalances and Financial Crises Author(s): Alan M. Taylor Published December 2012
DP9254	Concording EU Trade and Production Data over Time Author(s): Andrew B. Bernard, Ilke van Beveren, Hylke Vandenbussche Published December 2012
DP9253	Experience Matters: Human Capital and Development Accounting Author(s): David Lagakos, Benjamin Moll, Tommaso Porzio, Nancy Qian Published December 2012
DP9252	When Is There a Strong Transfer Risk from the Sovereigns to the Corporates? Property Rights Gaps and CDS Spreads Author(s): Jennie Bai, Shang-Jin Wei Published December 2012
DP9251	Do Labor Market Policies Have Displacement Effects? Evidence from a Clustered Randomized Experiment Author(s): Bruno Crépon, Esther Duflo, Marc Gurgand, Roland Rathelot, Philippe Zamora Published December 2012
DP9250	Free to Choose? Reform and Demand Response in the English National Health Service Author(s): Martin Gaynor, Carol Propper, Stephan Seiler Published December 2012
DP9249	The Pricing of Sovereign Risk and Contagion during the European Sovereign Debt Crisis Author(s): John Beirne, Marcel Fratzscher Published December 2012
DP9248	The Making of Modern America: Migratory Flows in the Age of Mass Migration Author(s): Oriana Bandiera, Imran Rasul, Martina Viarengo Published December 2012
DP9247	Offshoring and Directed Technical Change Author(s): Daron Acemoglu, Gino Gancia, Fabrizio Zilibotti Published December 2012
DP9246	Trade liberalization and Embedded Institutional Reform: Evidence from Chinese Exporters Author(s): Amit Khandelwal, Peter K. Schott, Shang-Jin Wei Published December 2012
DP9245	Tracing Value-Added and Double Counting in Gross Exports Author(s): Robert Koopman, Zhi Wang, Shang-Jin Wei Published December 2012
DP9244	An Analysis of Eurobonds Author(s): Roel Beetsma, Konstantinos Mavromatis Published December 2012
DP9243	Learning by working in big cities Author(s): Jorge de la Roca, Diego Puga Published December 2012
DP9242	Democracy Undone. Systematic Minority Advantage in Competitive Vote Markets Author(s): Alessandra Casella, Sébastien Turban Published December 2012
DP9241	A Theory of Optimal Inheritance Taxation Author(s): Thomas Piketty, Emmanuel Saez Published December 2012
DP9240	The Costs of Agglomeration: House and Land Prices in French Cities Author(s): Pierre-Philippe Combes, Gilles Duranton, Laurent Gobillon Published December 2012
DP9239	Analyzing the Effects of Insuring Health Risks: On the Trade-off between Short Run Insurance Benefits vs. Long Run Incentive Costs Author(s): Harold Cole, Soojin Kim, Dirk Krueger Published December 2012
DP9238	Household Debt and Social Interactions Author(s): Dimitris Georgarakos, Michael Haliassos, Giacomo Pasini Published December 2012
DP9237	The Making Of A Great Contraction With A Liquidity Trap and A Jobless Recovery Author(s): Stephanie Schmitt-Grohé, Martín Uribe Published December 2012
DP9236	Legalizing Bribe Giving Author(s): Martin Dufwenberg, Giancarlo Spagnolo Published November 2012
DP9235	Towards a Legal Theory of Finance Author(s): Katharina Pistor Published November 2012
DP9234	Divided Majority and Information Aggregation: Theory and Experiment Author(s): Laurent Bouton, Micael Castanheira, Aniol Llorente-Saguer Published November 2012
DP9233	Has the Euro changed the Business Cycle? Author(s): Zeno Enders, Philip Jung, Gernot Müller Published November 2012
DP9232	Globalization, Credence Goods and International Civil Society Author(s): Sebastian Krautheim, Thierry Verdier Published November 2012
DP9231	Use and Abuse of Authority: A Behavioral Foundation of the Employment Relation Author(s): Björn Bartling, Ernst Fehr, Klaus M. Schmidt Published November 2012
DP9230	You Owe Me Author(s): Ulrike M. Malmendier, Klaus M. Schmidt Published November 2012
DP9229	Euro at Risk: The Impact of Member Countries? Credit Risk on the Stability of the Common Currency Author(s): Lamia Bekkour, Xisong Jin, Thorsten Lehnert, Fanou Rasmouki, Christian C Wolff Published November 2012
DP9228	Monetary Shocks in a Model with Inattentive Producers Author(s): Fernando Alvarez, Francesco Lippi, Luigi Paciello Published November 2012
DP9227	Empirical Cross-Sectional Asset Pricing Author(s): Stefan Nagel Published November 2012
DP9226	Adjustment Mechanisms in a Currency Area Author(s): Charles A Goodhart, D J Lee Published November 2012
DP9225	Ethnic Inequality Author(s): Alberto F Alesina, Stelios Michalopoulos, Elias Papaioannou Published November 2012
DP9224	Reserve Accumulation, Growth and Financial Crises Author(s): Gianluca Benigno, Luca Fornaro Published November 2012
DP9223	Optimal Policy for Macro-Financial Stability Author(s): Gianluca Benigno, Huigang Chen, Christopher Otrok, Alessandro Rebucci, Eric R Young Published November 2012
DP9222	Weather and Infant Mortality in Africa Author(s): Masayuki Kudamatsu, Torsten Persson, David Strömberg Published November 2012
DP9221	Political Economy of Public Policies: Insights from Distortions to Agricultural and Food Markets Author(s): Kym Anderson, Gordon Rausser, Johan Swinnen Published November 2012
DP9220	On the Spatial Economic Impact of Global Warming Author(s): Klaus Desmet, Esteban Rossi-Hansberg Published November 2012
DP9219	Israel: The Start-Up Nation, and its Threat from Within Author(s): Dan Ben-David Published November 2012
DP9218	The Labor Market Consequences of Financial Crises With or Without Inflation: Jobless and Wageless Recoveries Author(s): Guillermo Calvo, Fabrizio Coricelli, Pablo Ottonello Published November 2012
DP9217	US Special Safeguard on Imports of Tires from China: Imposing Pain for Little Gain Author(s): Steve Charnovitz, Bernard Hoekman Published November 2012
DP9216	Trust, Values and False Consensus Author(s): Jeff Butler, Paola Giuliano, Luigi Guiso Published November 2012
DP9215	Mind the gap: capturing value from basic research: boundary crossing inventors and partnerships Author(s): Sam Arts, Bruno Cassiman, Reinhilde Veugelers Published November 2012
DP9214	The Empirical Implications of the Interest-Rate Lower Bound Author(s): Christopher Gust, J David López-Salido, Matthew E Smith Published November 2012
DP9213	The Effect of Housing on Portfolio Choice: A Reappraisal Using French Data Author(s): Denis Fougère, Mathilde Poulhes Published November 2012
DP9212	Intellectual Property Rights and Efficient Firm Organization Author(s): Giacomo AM Ponzetto Published November 2012
DP9211	Target2 Redux: The simple accountancy and slightly more complex economics of Bundesbank loss exposure through the Eurosystem Author(s): Willem H. Buiter, Ebrahim Rahbari Published November 2012
DP9210	Subprime Consumer Credit Demand: Evidence from a Lender's Pricing Experiment Author(s): Sule Alan, Gyöngyi Lóránth Published November 2012
DP9209	Managing and Harnessing Volatile Oil Windfalls Author(s): Ton van den Bremer, Frederick van der Ploeg Published November 2012
DP9208	The Spatial Diffusion of Technology Author(s): Diego Comin, Mikhail Dmitriev, Esteban Rossi-Hansberg Published November 2012
DP9207	Financial Disclosure and Market Transparency with Costly Information Processing Author(s): Marco Di Maggio, Marco Pagano Published November 2012
DP9206	On the Origins of Land Use Regulations: Theory and Evidence from US Metro Areas Author(s): Christian A. L. Hilber, Frédéric Robert-Nicoud Published November 2012
DP9205	Modeling default correlation in a US retail loan portfolio Author(s): Dennis Bams, Magdalena Pisa, Christian C Wolff Published November 2012
DP9204	The desegregating effect of school tracking Author(s): Gianni De Fraja, Francisco Martinez Mora Published November 2012
DP9203	Economic and Politico-Economic Equivalence Author(s): Martin Gonzalez-Eiras, Dirk Niepelt Published November 2012
DP9202	Trust and Cheating Author(s): Jeff Butler, Paola Giuliano, Luigi Guiso Published November 2012
DP9201	Vague Lies: How to Advise Consumers When They Complain Author(s): Mikhail Drugov, Marta Troya Martinez Published October 2012
DP9200	Do Prices Determine Vertical Integration? Evidence from Trade Policy Author(s): Laura Alfaro, Paola Conconi, Harald Fadinger, Andrew Newman Published October 2012
DP9199	Centralized decision making against informed lobbying Author(s): Rafael Costa Lima, Humberto Moreira, Thierry Verdier Published October 2012
DP9198	?At least I didn?t lose money? Nominal Loss Aversion Shapes Evaluations of Housing Transactions Author(s): Thomas A Stephens, Jean-Robert Tyran Published October 2012
DP9197	The Demand for Tobacco in Post-Unification Italy Author(s): Carlo Ciccarelli, Gianni De Fraja Published October 2012
DP9196	Labor Market Effects of Unemployment Insurance Design Author(s): Konstantinos Tatsiramos, Jan C. van Ours Published October 2012
DP9195	A global monetary tsunami? On the spillovers of US Quantitative Easing Author(s): Marcel Fratzscher, Marco Lo Duca, Roland Straub Published October 2012
DP9194	Unbundling the incumbent: Evidence from UK broadband Author(s): Mattia Nardotto, Tommaso Valletti, Frank Verboven Published October 2012
DP9192	Media slant against foreign owners: Downsizing Author(s): Guido Friebel, Matthias Heinz Published October 2012
DP9191	Can we use seasonally adjusted indicators in dynamic factor models? Author(s): Maximo Camacho, Yuliya Lovcha, Gabriel Pérez-Quirós Published October 2012
DP9190	The Brain Gain of Corporate Boards: A Natural Experiment from China Author(s): Mariassunta Giannetti, Guanmin Liao, Xiaoyun Yu Published October 2012
DP9189	The Breakdown of Connectivity Breakdowns Author(s): Steffen Hoernig Published October 2012
DP9188	Germs, Social Networks and Growth Author(s): Alessandra Fogli, Laura Veldkamp Published October 2012
DP9187	Innovation, Competition, and Investment Timing Author(s): Yrjö Koskinen, Jøril Mæland Published October 2012
DP9186	Tax-Subsidized Underpricing: Issuers and Underwriters in the Market for Build America Bonds Author(s): Dario Cestau, Richard Green, Norman Schürhoff Published October 2012
DP9185	Why Don't Women Patent? Author(s): Jean-Philippe Garant, Hannah Herman, Jennifer Hunt, David Munroe Published October 2012
DP9184	Demand or productivity: What determines firm growth? Author(s): Andrea Pozzi, Fabiano Schivardi Published October 2012
DP9183	Loss Aversion and Consumption Choice: Theory and Experimental Evidence Author(s): Heiko Karle, Georg Kirchsteiger, Martin Peitz Published October 2012
DP9182	The structure of CEO pay: pay-for-luck and stock-options Author(s): Pierre Chaigneau, Nicolas Sahuguet Published October 2012
DP9181	Ain?t it "Suite"? Bundling in the PC Office Software Market Author(s): Neil Gandal, Sarit Markovich, Michael Riordan Published October 2012
DP9180	Social Interactions and the Labor Market Author(s): Yves Zenou Published October 2012
DP9178	Optimal Sovereign Default Author(s): Klaus Adam, Michael Grill Published October 2012
DP9177	Energy-Saving Technical Change Author(s): John Hassler, Per Krusell, Conny Olovsson Published October 2012
DP9176	Liquidity Traps and Expectation Dynamics: Fiscal Stimulus or Fiscal Austerity? Author(s): Jess Benhabib, George W. Evans, Seppo Honkapohja Published October 2012
DP9175	Fiscal Policy, Banks and the Financial Crisis Author(s): Jan In''t Veld, Robert Kollmann, Marco Ratto, Werner Roeger Published October 2012
DP9174	Financial Reforms and Capital Flows: Insights from General Equilibrium Author(s): Alberto Martín, Jaume Ventura Published October 2012
DP9173	Agricultural Decisions after Relaxing Credit and Risk Constraints Author(s): Dean S. Karlan, Robert Osei, Isaac Osei-Akoto, Christopher Udry Published October 2012
DP9172	Consumption Inequality and Family Labor Supply Author(s): Richard Blundell, Luigi Pistaferri, Itay Saporta-Eksten Published October 2012
DP9171	Bank ratings: What determines their quality? Author(s): Harald Hau, Sam Langfield, David Marqués Ibañez Published October 2012
DP9170	The Impact of Immigration on the Educational Attainment of Natives Author(s): Jennifer Hunt Published October 2012
DP9169	Do Political Blogs Matter? Corruption in State-Controlled Companies, Blog Postings, and DDoS Attacks Author(s): Ruben Enikolopov, Maria Petrova, Konstantin Sonin Published October 2012
DP9168	Firms, Destinations, and Aggregate Fluctuations Author(s): Julian di Giovanni, Andrei A. Levchenko, Isabelle Mejean Published October 2012
DP9167	Structural and Cyclical Forces in the Labor Market During the Great Recession: Cross-Country Evidence Author(s): Luca Sala, Ulf Söderström, Antonella Trigari Published October 2012
DP9166	WTO Accession and Performance of Chinese Manufacturing Firms Author(s): Loren Brandt, Johannes Van Biesebroeck, Luhang Wang, Yifan Zhang Published October 2012
DP9165	Market Structure and Borrower Welfare in Microfinance Author(s): Jonathan de Quidt, Thiemo Fetzer, Maitreesh Ghatak Published October 2012
DP9164	Exclusionary Pricing in a Two-Sided Market Author(s): Massimo Motta, Helder Vasconcelos Published October 2012
DP9163	Sovereign default risk and commitment for fiscal adjustment Author(s): Carlos Eduardo Gonçalves, Bernardo Guimarães Published October 2012
DP9162	Liquidity Coinsurance and Bank Capital Author(s): Fabio Castiglionesi, Fabio Feriozzi, Gyöngyi Lóránth, Loriana Pelizzon Published October 2012
DP9161	Consumer Responses to Fiscal Stimulus Policy and Households? Cost of Liquidity Author(s): Claus T. Kreiner, David Dreyer Lassen, Søren Leth-Petersen Published September 2012
DP9160	The neighbor is king: Customer discrimination in the housing market Author(s): Pierre-Philippe Combes, Bruno Decreuse, Benoît Schmutz, Alain Trannoy Published September 2012
DP9159	Multivariate Choice and Identification of Social Interactions Author(s): Ethan Cohen-Cole, Xiaodong Liu, Yves Zenou Published September 2012
DP9158	Trade Prices and the Global Trade Collapse of 2008-2009 Author(s): Gita Gopinath, Oleg Itskhoki, Brent Neiman Published September 2012
DP9157	Entrepreneurial innovations and taxation Author(s): Andreas Haufler, Pehr-Johan Norbäck, Lars Persson Published September 2012
DP9156	Sharing High Growth Across Generations: Pensions and Demographic Transition in China Author(s): Zheng Michael Song, Kjetil Storesletten, Yikai Wang, Fabrizio Zilibotti Published September 2012
DP9155	Fiscal Consolidation in a Currency Union: Spending Cuts vs. Tax Hikes Author(s): Christopher Erceg, Jesper Lindé Published September 2012
DP9154	Fiscal Federalism in Times of Crisis Author(s): Dirk Foremny, Jürgen von Hagen Published September 2012
DP9153	Qualitative Easing: How it Works and Why it Matters Author(s): Roger E A Farmer Published September 2012
DP9152	Why Do Women Leave Science and Engineering? Author(s): Jennifer Hunt Published September 2012
DP9151	Capital Gains Taxation and the Cost of Capital: Evidence from Unanticipated Cross-Border Transfers of Tax Bases Author(s): Harry Huizinga, Johannes Voget, Wolf Wagner Published September 2012
DP9150	Modelling the U.S. sovereign credit rating Author(s): Vito Polito, Michael R. Wickens Published September 2012
DP9149	Student Networks and Long-Run Educational Outcomes: The Strength of Strong Ties Author(s): Eleonora Patacchini, Edoardo Rainone, Yves Zenou Published September 2012
DP9148	Banking and Trading Author(s): Arnoud W A Boot, Lev Ratnovski Published September 2012
DP9147	Agency, Firm Growth and Managerial Turnover Author(s): Ronald W. Anderson, Maria Cecilia Bustamante, Stéphane Guibaud Published September 2012
DP9146	Bankers and bank investors: Reconsidering the economies of scale in banking Author(s): Ronald W. Anderson, Karin Jõeveer Published September 2012
DP9145	The Federal Reserve?s Large-Scale Asset Purchase Programs: Rationale and Effects Author(s): Stefania D'Amico, William English, J David López-Salido, Edward Nelson Published September 2012
DP9144	Language, Internet and Platform Competition: the case of Search Engine Author(s): Doh-Shin Jeon, Bruno Jullien, Mikhail M. Klimenko Published September 2012
DP9143	Individual Price Adjustment along the Extensive Margin Author(s): Etienne Gagnon, J David López-Salido, Nicolas Vincent Published September 2012
DP9142	How important is the credit channel? An empirical study of the US banking crisis Author(s): Chunping Liu, Patrick Minford Published September 2012
DP9141	Incomplete contracts and optimal ownership of public goods Author(s): Patrick W. Schmitz Published September 2012
DP9140	Impacts of Patent Expiry and Regulatory Policies on Daily Cost of Pharmaceutical Treatments: OECD Countries, 2004-2010 Author(s): Ernst R Berndt, Pierre Dubois Published September 2012
DP9139	Innovation and spatial inequality in Europe and USA Author(s): Neil Lee, Andrés Rodríguez-Pose Published September 2012
DP9138	Lending relationships and credit rationing: the impact of securitization Author(s): Santiago Carbó Valverde, Hans Degryse, Francisco Rodriguez-Fernandez Published September 2012
DP9137	Professional service outsourcing, asymmetric information and wage inequality Author(s): William Fuchs, Luis Garicano Published September 2012
DP9136	How Do Regulators Influence Mortgage Risk? Evidence from an Emerging Market Author(s): John Y Campbell, Tarun Ramadorai, Benjamin Ranish Published September 2012
DP9135	The Customs Union issue: Why do we observe so few of them? Author(s): Giovanni Facchini, Peri Silva, Gerald Willmann Published September 2012
DP9134	A Macroeconomic Model of Endogenous Systemic Risk Taking Author(s): David Martinez-Miera, Javier Suarez Published September 2012
DP9133	The Case For Temporary Inflation in the Eurozone Author(s): Stephanie Schmitt-Grohé, Martín Uribe Published September 2012
DP9132	Comparing behavioural and rational expectations for the US post-war economy Author(s): Chunping Liu, Patrick Minford Published September 2012
DP9131	A Cautionary Note on Using Industry Affiliation to Predict Income Author(s): Jörn-Steffen Pischke, Hannes Schwandt Published September 2012
DP9130	Estimating Dynamic Equilibrium Models with Stochastic Volatility Author(s): Jesús Fernández-Villaverde, Pablo A. Guerron-Quintana, Juan Francisco Rubio-Ramírez Published September 2012
DP9129	The Few Leading The Many: Foreign Affiliates and Business Cycle Comovement Author(s): Jörn Kleinert, Julien Martin, Farid Toubal Published September 2012
DP9128	iPEHD ? The ifo Prussian Economic History Database Author(s): Sascha O. Becker, Francesco Cinnirella, Erik Hornung, Ludger Woessmann Published September 2012
DP9127	Games on Networks Author(s): Matthew O. Jackson, Yves Zenou Published September 2012
DP9126	Migration, Congestion Externalities, and the Evaluation of Spatial Investments Author(s): Taryn Dinkelman, Sam Schulhofer-Wohl Published September 2012
DP9125	International Trade without CES: Estimating Translog Gravity Author(s): Dennis Novy Published September 2012
DP9124	The Impact of Liquidity Regulation on Bank Intermediation Author(s): Clemens Bonner, Sylvester C W Eijffinger Published September 2012
DP9123	Heterogeneity in Expected Longevities Author(s): Josep Pijoan-Mas, José-Víctor Ríos-Rull Published September 2012
DP9122	When migrants rule: the legacy of mass migration on economic development in the US Author(s): Andrés Rodríguez-Pose, Viola von Berlepsch Published September 2012
DP9121	Fecundity, Fertility and Family Reconstitution Data: The Child Quantity-Quality Trade-O Revisite Author(s): Marc Klemp, Jacob Weisdorf Published September 2012
DP9120	Asset Prices and Institutional Investors Author(s): Suleyman Basak, Anna Pavlova Published September 2012
DP9119	Protectionism during the crisis: Tit-for-tat or chicken games? Author(s): Mauro Boffa, Marcelo Olarreaga Published September 2012
DP9118	What Central Bankers Need to Know about Forecasting Oil Prices Author(s): Christiane Baumeister, Lutz Kilian Published September 2012
DP9117	Young immigrant children and their educational attainment Author(s): Asako Ohinata, Jan C. van Ours Published September 2012
DP9116	Malthus in the Bedroom: Birth Spacing as a Preventive Check Mechanism in Pre-Modern England Author(s): Francesco Cinnirella, Marc Klemp, Jacob Weisdorf Published September 2012
DP9115	Taxation and Labor Supply of Married Couples across Countries: A Macroeconomic Analysis Author(s): Alexander Bick, Nicola Fuchs-Schündeln Published September 2012
DP9114	Can Good Products Drive Out Bad? Evidence from Local Markets for (Fake?) Antimalarial Medicine in Uganda Author(s): Martina Björkman Nyqvist, Jakob Svensson, David Yanagizawa-Drott Published September 2012
DP9113	Can't We All Be More Like Scandinavians? Asymmetric Growth and Institutions in an Interdependent World Author(s): Daron Acemoglu, James A Robinson, Thierry Verdier Published September 2012
DP9112	Now-casting and the real-time data flow Author(s): Marta Banbura, Domenico Giannone, Michele Modugno, Lucrezia Reichlin Published September 2012
DP9111	Sources of Comparative Advantage in Polluting Industries Author(s): Fernando A Broner, Paula Bustos, Vasco M Carvalho Published September 2012
DP9110	A Citation-Analysis of Economic Research Institutes Author(s): Rolf Ketzler, Klaus F Zimmermann Published September 2012
DP9109	Credit Constraints and Growth in a Global Economy Author(s): Nicolas Coeurdacier, Stéphane Guibaud, Keyu Jin Published August 2012
DP9108	Bond Ratings Matter: Evidence from the Lehman Brothers Index Rating Redefinition Author(s): Zhihua Chen, Aziz Lookman, Norman Schürhoff, Duane J Seppi Published August 2012
DP9107	Complexity and Monetary Policy Author(s): Athanasios Orphanides, Volker Wieland Published August 2012
DP9106	On two-part tariff competition in a homogeneous product duopoly Author(s): Krina Griva, Nikolaos Vettas Published August 2012
DP9105	The output effect of fiscal consolidations Author(s): Alberto F Alesina, Carlo A. Favero, Francesco Giavazzi Published August 2012
DP9104	Cannabis use and suicidal ideation Author(s): David Fergusson, John Horwood, Jan C. van Ours, Jenny Williams Published August 2012
DP9103	Global supply chains: Why they emerged, why they matter, and where they are going Author(s): Richard Baldwin Published August 2012
DP9102	Immigration and Voting for the Far Right Author(s): Martin Halla, Alexander F Wagner, Josef Zweimüller Published August 2012
DP9101	A Tear in the Iron Curtain: The Impact of Western Television on Consumption Behavior Author(s): Leonardo Bursztyn, Davide Cantoni Published August 2012
DP9100	Hoping to Win, Expected to Lose: Theory and Lessons on Micro Enterprise Development Author(s): Dean S. Karlan, Ryan Knight, Christopher Udry Published August 2012
DP9099	Competition, Cooperation, and Collective Choice Author(s): Thomas Markussen, Ernesto Reuben, Jean-Robert Tyran Published August 2012
DP9098	The Dark Side of the Vote: Biased Voters, Social Information, and Information Aggregation Through Majority Voting Author(s): Rebecca Morton, Marco Piovesan, Jean-Robert Tyran Published August 2012
DP9097	Direct and Indirect Network Effects are Equivalent: A Comment on Direct Direct and Indirect Network Effects are Equivalent: A Comment on 'Direct and Indirect Network Effects: Are They Equivalent?' Author(s): Jeffrey Church, Neil Gandal Published August 2012
DP9096	Optimal Combination of Survey Forecasts Author(s): Cristina Conflitti, Christine De Mol, Domenico Giannone Published August 2012
DP9095	A Role Model for the Conduct of Fiscal Policy? Experiences from Sweden Author(s): Martin Flodén Published August 2012
DP9094	There goes gravity: how eBay reduces trade costs Author(s): Andreas Lendle, Marcelo Olarreaga, Simon Schropp, Pierre-Louis Vézina Published August 2012
DP9093	Mismatch Unemployment Author(s): Aysegul Sahin, Joseph Song, Giorgio Topa, Giovanni L. Violante Published August 2012
DP9092	Animal Spirits in the Euro Area Sovereign CDS Market Author(s): Hans J. Blommestein, Sylvester C W Eijffinger, Zongxin Qian Published August 2012
DP9091	A framework for analyzing language and welfare Author(s): Jacques Melitz Published August 2012
DP9090	The Value of Control and the Costs of Illiquidity Author(s): Rui Albuquerque, Enrique Schroth Published August 2012
DP9089	Time to ship during financial crises Author(s): Nicolas Berman, José de Sousa, Philippe Martin, Thierry Mayer Published August 2012
DP9088	Public Debt and Redistribution with Borrowing Constraints Author(s): Florin Ovidiu Bilbiie, Tommaso Monacelli, Roberto Perotti Published August 2012
DP9087	Is Monetary Policy in an Open Economy Fundamentally Different? Author(s): Tommaso Monacelli Published August 2012
DP9086	Agricultural trade distortions during the global financial crisis Author(s): Kym Anderson, Signe Nelgen Published August 2012
DP9085	Market Access in Global and Regional Trade Author(s): José de Sousa, Thierry Mayer, Soledad Zignago Published August 2012
DP9084	Loan Sales and Screening Incentives Author(s): Helmut Bester, Thomas Gehrig, Rune Stenbacka Published September 2012
DP9083	Estimating effects of price-distorting policies using alternative distortions databases Author(s): Kym Anderson, Will Martin, Dominique van der Mensbrugghe Published August 2012
DP9082	The Great Leveraging Author(s): Alan M. Taylor Published August 2012
DP9081	Can Pro-Marriage Policies Work? An Analysis of Marginal Marriages Author(s): Wolfgang Frimmel, Martin Halla, Rudolf Winter-Ebmer Published August 2012
DP9080	The Evolution of Endogenous Business Cycles Author(s): Roger E A Farmer Published August 2012
DP9079	Advertising and the Distribution of Content Author(s): Helen Weeds Published August 2012
DP9078	Income Taxation of U.S. Households: Facts and Parametric Estimates Author(s): Nezih Guner, Remzi Kaygusuz, Gustavo Ventura Published August 2012
DP9077	Capital Regulation and Credit Fluctuations Author(s): Hans Gersbach, Jean-Charles Rochet Published August 2012
DP9076	International trade and institutional change: Medieval Venice's response to globalization Author(s): Diego Puga, Daniel Trefler Published August 2012
DP9075	National Institutions and African Development: Evidence from Partitioned Ethnicities Author(s): Stelios Michalopoulos, Elias Papaioannou Published August 2012
DP9074	The Impact of Urban Enterprise Zones on Establishments' Location Decisions: Evidence from French ZFUs Author(s): Thierry Mayer, Florian Mayneris, Loriane Py Published August 2012
DP9073	The Anatomy of French Production Hierarchies Author(s): Lorenzo Caliendo, Ferdinando Monte, Esteban Rossi-Hansberg Published July 2012
DP9072	The Clan and the City: Sustaining Cooperation in China and Europe Author(s): Avner Greif, Guido Tabellini Published July 2012
DP9071	Incentives in the Public Sector: Evidence from a Government Agency Author(s): Simon Burgess, Carol Propper, Marisa Ratto, Emma Tominey Published July 2012
DP9069	Market Size, Division of Labor, and Firm Productivity Author(s): Thomas Chaney, Ralph Ossa Published July 2012
DP9068	Pre-colonial Ethnic Institutions and Contemporary African Development Author(s): Stelios Michalopoulos, Elias Papaioannou Published July 2012
DP9067	Carry-Along Trade Author(s): Andrew B. Bernard, Emily Blanchard, Ilke van Beveren, Hylke Vandenbussche Published July 2012
DP9066	Estimating equilibrium effects of job search assistance Author(s): Pieter A. Gautier, Paul Muller, Michael Rosholm, Michael Svarer, Bas van der Klaauw Published July 2012
DP9065	Public goods and the hold-up problem under asymmetric information Author(s): Patrick W. Schmitz Published July 2012
DP9064	De Jure and de Facto Determinants of Power: Evidence from Mississippi Author(s): Graziella Bertocchi, Arcangelo Dimico Published July 2012
DP9063	UK Innovation Index: Productivity and Growth in UK Industries Author(s): Peter Goodridge, Jonathan Haskel, Gavin Wallis Published July 2012
DP9062	The German Transfer Problem, 1920-1933: A Sovereign Debt Perspective Author(s): Albrecht Ritschl Published July 2012
DP9061	Intangible Capital and Growth in Advanced Economies: Measurement and Comparative Results Author(s): Carol Corrado, Jonathan Haskel, Massimiliano Iommi, Cecilia Jona-Lasinio Published July 2012
DP9060	The Spread of Manufacturing to the Poor Periphery 1870-2007 Author(s): Agustín Bénétrix, Kevin Hjortshøj O'Rourke, Jeffrey G Williamson Published July 2012
DP9059	Prediction Markets for Economic Forecasting Author(s): Erik Snowberg, Justin Wolfers, Eric Zitzewitz Published July 2012
DP9058	Testing macroeconomic models by indirect inference on unfiltered data Author(s): David Meenagh, Patrick Minford, Michael R. Wickens Published July 2012
DP9057	What causes banking crises? An empirical investigation Author(s): Vo Phuong Mai Le, David Meenagh, Patrick Minford Published July 2012
DP9056	Testing DSGE models by Indirect inference and other methods: some Monte Carlo experiments Author(s): Vo Phuong Mai Le, David Meenagh, Patrick Minford, Michael R. Wickens Published July 2012
DP9055	Green innovations and organisational change: making better use of environmental technology Author(s): Hanna Hottenrott, Sascha Rexhäuser, Reinhilde Veugelers Published July 2012
DP9054	Tax Contracts and Elections Author(s): Hans Gersbach, Maik Schneider Published July 2012
DP9053	The Trade Effects of Skilled versus Unskilled Migration Author(s): Peter Egger, Doug R Nelson, Maximilian von Ehrlich Published July 2012
DP9052	A Theory of Countercyclical Government-Consumption Multiplier Author(s): Pascal Michaillat Published July 2012
DP9051	Trade Preferences and Bilateral Trade in Goods and Services: A Structural Approach Author(s): Peter Egger, Mario Larch, Kevin E Staub Published July 2012
DP9050	The hold-up problem, innovations, and limited liability Author(s): Patrick W. Schmitz Published July 2012
DP9049	How Useful are DSGE Macroeconomic Models for Forecasting? Author(s): Michael R. Wickens Published July 2012
DP9048	Managing licensing in a market for technology Author(s): Ashish Arora, Andrea Fosfuri, Thomas Rønde Published July 2012
DP9047	International Standards and International Trade: Empirical Evidence from ISO 9000 Diffusion Author(s): Joseph A. Clougherty, Michal Grajek Published July 2012
DP9046	Agglomeration,Trade and Selection Author(s): Gianmarco Ottaviano Published July 2012
DP9045	Gender Discrimination: The Role of Males and Per Capita Income Author(s): Fazeer Rahim, José Tavares Published July 2012
DP9044	Global Banks and Crisis Transmission Author(s): Sebnem Kalemli-Ozcan, Elias Papaioannou, Fabrizio Perri Published July 2012
DP9043	Spread the News: How the Crisis Affected the Impact of News on the European Sovereign Bond Markets Author(s): Roel Beetsma, Frank de Jong, Massimo Giuliodori, Daniel Widijanto Published July 2012
DP9042	Cross-border media and nationalism: Evidence from Serbian radio in Croatia Author(s): Stefano DellaVigna, Ruben Enikolopov, Vera Mironova, Maria Petrova, Ekaterina Zhuravskaya Published July 2012
DP9041	Fiscal Consolidation Strategy Author(s): John F. Cogan, John B. Taylor, Volker Wieland, Maik H Wolters Published July 2012
DP9040	Who Needs the Nation State? Author(s): Dani Rodrik Published July 2012
DP9039	Can the learnability criterion ensure determinacy in New Keynesian Models? Author(s): Patrick Minford, Naveen Srinivasan Published July 2012
DP9038	The Territorial Dynamics Of Innovation In China And India Author(s): Riccardo Crescenzi, Andrés Rodríguez-Pose, Michael Storper Published July 2012
DP9037	Globalization and Multiproduct Firms Author(s): Volker Nocke, Stephen R Yeaple Published July 2012
DP9036	Services Versus Goods Trade: Are They The Same? Author(s): Andrea Ariu Published December 2012
DP9035	Durable Goods, Borrowing Constraints and Consumption Insurance Author(s): Enzo Cerletti, Josep Pijoan-Mas Published July 2012
DP9034	Bank ownership and credit over the business cycle: Is lending by state banks less procyclical? Author(s): Ata Can Bertay, Asli Demirguc-Kunt, Harry Huizinga Published July 2012
DP9033	Live aid revisited: long-term impacts of the 1984 Ethiopian famine on children Author(s): Stefan Dercon, Catherine Porter Published July 2012
DP9032	Undernutrition and Psychosocial Competencies: Evidence from Four Countries Author(s): Stefan Dercon, Alan Sánchez Published July 2012
DP9031	School Meals as a Safety Net: An Evaluation of the Midday Meal Scheme in India Author(s): Stefan Dercon, Albert Park, Abhijeet Singh Published June 2012
DP9030	The Global Economics of Water: Is Water A Source of Comparative Advantage? Author(s): Peter Debaere Published July 2012
DP9029	Language, Ethnicity and Intra-firm Trade Author(s): Peter Debaere, Hongshik Lee, Joonhyung Lee Published June 2012
DP9028	Social insurance, work norms, and the allocation of talent Author(s): Giacomo Corneo Published June 2012
DP9027	Does Merger Simulation Work? A "Natural Experiment" in the Swedish Analgesics Market Market Author(s): Jonas Björnerstedt, Frank Verboven Published July 2012
DP9026	Improving the Performance of Random Coefficients Demand Models: the Role of Optimal Instruments Author(s): Mathias Reynaert, Frank Verboven Published June 2012
DP9025	Time-Varying Fund Manager Skill Author(s): Marcin Kacperczyk, Stijn van Nieuwerburgh, Laura Veldkamp Published July 2012
DP9024	The Cross-Section and Time-Series of Stock and Bond Returns Author(s): Ralph Koijen, Hanno Lustig, Stijn van Nieuwerburgh Published July 2012
DP9023	Too-Systemic-To-Fail: What Option Markets Imply About Sector-wide Government Guarantees Author(s): Bryan Kelly, Hanno Lustig, Stijn van Nieuwerburgh Published June 2012
DP9022	The Wealth-Consumption Ratio Author(s): Hanno Lustig, Stijn van Nieuwerburgh, Adrien Verdelhan Published June 2012
DP9021	Networks in Economics Author(s): Yves Zenou Published June 2012
DP9020	The Political Economy of Deforestation in the Tropics Author(s): Robin Burgess, Matthew Hansen, Benjamin Olken, Peter Potapov, Stefanie Sieber Published June 2012
DP9019	Incomplete Contracts and Firm Boundaries: New Directions Author(s): Wouter Dessein Published June 2012
DP9018	Organizing the Global Value Chain Author(s): Pol Antràs, Davin Chor Published June 2012
DP9017	Is it money or brains? The determinants of intra-family decision power Author(s): Graziella Bertocchi, Marianna Brunetti, Costanza Torricelli Published June 2012
DP9016	Cross-Border and Foreign-Affiliate Sales of Services: Evidence From German Micro-Data Author(s): Markus Kelle, Jörn Kleinert, Horst Raff, Farid Toubal Published June 2012
DP9015	Does Multimarket Contact Facilitate Tacit Collusion? Inference on Conduct Parameters in the Airline Industry. Author(s): Federico Ciliberto, Jonathan W Williams Published June 2012
DP9014	The Price of Media Capture and the Looting of Newspapers in Interwar France Author(s): Vincent Bignon, Marc Flandreau Published June 2012
DP9013	Geographic Access Rules and Investments Author(s): Marc Bourreau, Carlo Cambini, Steffen Hoernig Published June 2012
DP9012	Electoral Competition through Issue Selection Author(s): Enriqueta Aragonès, Micael Castanheira, Marco Giani Published June 2012
DP9011	Public investment and regional growth and convergence: Evidence from Greece Author(s): Yannis Psycharis, Andrés Rodríguez-Pose, Vassilis Tselios Published March 2012
DP9010	What Determines Government Spending Multipliers? Author(s): Giancarlo Corsetti, André Meier, Gernot Müller Published March 2012
DP9009	Anti-Social Behavior in Profit and Nonprofit Organizations Author(s): Emmanuelle Auriol, Stefanie Brilon Published March 2012
DP9008	Cyclical Adjustment of Capital Requirements: A Simple Framework Author(s): Rafael Repullo Published June 2012
DP9007	The Dollar and its Discontents Author(s): Olivier Jeanne Published June 2012
DP9006	The Extraordinary Art Critic Roger de Piles (1635-1709): An Empirical Analysis of his Rankings and Sale Prices Author(s): Kathryn Graddy Published June 2012
DP9005	Higher Bars for Incumbents and Experience Author(s): Hans Gersbach, Markus Müller Published June 2012
DP9004	A Price Theory of Vertical and Lateral Integration (Revised Version) Author(s): Patrick Legros, Andrew Newman Published June 2012
DP9003	Soviet power plus electrification: what is the long-run legacy of communism? Author(s): Wendy Carlin, Mark E Schaffer, Paul Seabright Published June 2012
DP9002	Trust and Deterrence Author(s): Maria Bigoni, Sven-Olof Fridolfsson, Chloé Le Coq, Giancarlo Spagnolo Published June 2012
DP9001	Market Structure and Market Performance in E-Commerce Author(s): Franz Hackl, Michael E Kummer, Rudolf Winter-Ebmer, Christine Zulehner Published June 2012
DP9000	Stock Market Tournaments Author(s): Emre Ozdenoren, Kathy Yuan Published June 2012
DP8999	Skill Premium and Trade Puzzles: A Solution Linking Production and Preferences Author(s): Justin Caron, Thibault Fally, James R. Markusen Published June 2012
DP8998	How Deep Are the Roots of Economic Development? Author(s): Enrico Spolaore, Romain Wacziarg Published June 2012
DP8997	Reference Dependence and Labor-Market Fluctuations Author(s): Kfir Eliaz, Ran Spiegler Published May 2012
DP8996	An Explanation of the Greek Crisis:"The Insiders - Outsiders Society" Author(s): Tryphon Kollintzas, Dimitris Papageorgiou, Vanghelis Vassilatos Published May 2012
DP8995	Evaluating a bilingual education program in Spain: the impact beyond foreign language learning Author(s): Brindusa Anghel, Antonio Cabrales, Jesus Carro Published May 2012
DP8994	Native language, spoken language, translation and trade Author(s): Jacques Melitz, Farid Toubal Published May 2012
DP8993	Why Do Trade Negotiations Take So Long? Author(s): Christoph Moser, Andrew K Rose Published May 2012
DP8992	Buying to Sell: Private Equity Buyouts and Industrial Restructuring Author(s): Pehr-Johan Norbäck, Lars Persson, Joacim Ingemar Tåg Published May 2012
DP8991	Country Size, Currency Unions, and International Asset Returns Author(s): Tarek Alexander Hassan Published May 2012
DP8990	Dynamic Product Diversity Author(s): Ramon Caminal Published May 2012
DP8989	Bargaining failures and merger policy Author(s): Roberto Burguet, Ramon Caminal Published May 2012
DP8988	Push-Me Pull-You: Comparative Advertising in the OTC Analgesics Industry Author(s): Simon P Anderson, Federico Ciliberto, Jura Liaukonyte, Régis Renault Published May 2012
DP8987	The Role of Borders, Languages, and Currencies as Obstacles to Labor Market Integration Author(s): Kevin Bartz, Nicola Fuchs-Schündeln Published May 2012
DP8986	Exchange rate regimes and fiscal multipliers Author(s): Benjamin Born, Falko Juessen, Gernot Müller Published May 2012
DP8985	Global Banks, Financial Shocks and International Business Cycles: Evidence from an Estimated Model Author(s): Robert Kollmann Published May 2012
DP8984	What's News in Business Cycles Author(s): Stephanie Schmitt-Grohé, Martín Uribe Published May 2012
DP8983	Managing Currency Pegs Author(s): Stephanie Schmitt-Grohé, Martín Uribe Published May 2012
DP8982	Vertical Exclusion with Endogenous Competiton Externalities Author(s): Stephen Hansen, Massimo Motta Published May 2012
DP8981	Care or Cash? The Effect of Child Care Subsidies on Student Performance Author(s): Sandra Black, Paul J. Devereux, Katrine Løken, Kjell G Salvanes Published May 2012
DP8980	Do Oil Prices Help Forecast U.S. Real GDP? The Role of Nonlinearities and Asymmetries Author(s): Lutz Kilian, Robert J. Vigfusson Published May 2012
DP8979	Bubble Thy Neighbor: Portfolio Effects and Externalities from Capital Controls Author(s): Kristin Forbes, Marcel Fratzscher, Roland Straub Published May 2012
DP8978	Slow Recoveries: A Structural Interpretation Author(s): Jordi Galí, Frank Smets, Rafael Wouters Published May 2012
DP8977	Genetic testing with primary prevention and moral hazard Author(s): David Bardey, Philippe De Donder Published May 2012
DP8976	Do Public Health Interventions Crowd Out Private Health Investments? Malaria Control Policies in Eritrea Author(s): Pedro Carneiro, Tewolde Ghebremeskel, Joseph Keating, Andrea Locatelli Published May 2012
DP8975	The Effects of Democratization on Public Goods and Redistribution: Evidence from China Author(s): Monica Martinez-Bravo, Gerard Padró i Miquel, Nancy Qian, Yang Yao Published May 2012
DP8974	The ECB as Lender of Last Resort for Sovereigns in the Euro Area Author(s): Willem H. Buiter, Ebrahim Rahbari Published May 2012
DP8973	A Reconciliation of SVAR and Narrative Estimates of Tax Multipliers Author(s): Karel Mertens, Morten O Ravn Published May 2012
DP8972	Nonlinear Adventures at the Zero Lower Bound Author(s): Jesús Fernández-Villaverde, Grey Gordon, Pablo A. Guerron-Quintana, Juan Francisco Rubio-Ramírez Published May 2012
DP8971	The Sovereign Default Puzzle: Modelling Issues and Lessons for Europe Author(s): Daniel Cohen, Sébastien Villemot Published May 2012
DP8970	Switching Costs and Equilibrium Prices Author(s): Luís M B Cabral Published May 2012
DP8969	Local Bias and Stock Market Conditions Author(s): Mariassunta Giannetti, Luc Laeven Published May 2012
DP8968	Wage Rigidity and Job Creation Author(s): Christian Haefke, Marcus Sonntag, Thijs van Rens Published May 2012
DP8967	The Pricing of Art and the Art of Pricing: Pricing Styles in the Concert Industry Author(s): Pascal Courty, Mario Pagliero Published May 2012
DP8966	What is the cost of retaining and attracting exceptional talents? Evidence from the Canada Research Chair program Author(s): Pascal Courty, John Sim Published May 2012
DP8965	Sale of Visas: A Smuggler's Final Song? Author(s): Emmanuelle Auriol, Alice Mesnard Published May 2012
DP8964	Do Local Amenities Affect the Appeal of Regions in Europe for Migrants? Author(s): Tobias Ketterer, Andrés Rodríguez-Pose Published May 2012
DP8963	Networked FDI: Sales and Sourcing Patterns of Japanese Foreign Affiliates Author(s): Richard Baldwin, Toshihiro Okubo Published May 2012
DP8962	The Dictator Effect: How Long Years in Office Affects Economic Development in Africa and the Near East Author(s): Jason Papaioannou, Jan Luiten Van Zanden Published May 2012
DP8961	Prudential Policy for Peggers Author(s): Stephanie Schmitt-Grohé, Martín Uribe Published May 2012
DP8960	A Theory of Political Entrenchment Author(s): Gilles Saint-Paul, Davide Ticchi, Andrea Vindigni Published May 2012
DP8959	Some Properties of Autocoherent Models Author(s): Gilles Saint-Paul Published May 2012
DP8958	Current Account Imbalances in Europe Author(s): Philip R. Lane, Barbara Pels Published May 2012
DP8957	Euro Area Money Demand and International Portfolio Allocation: A Contribution to Assessing Risks to Price Stability Author(s): Roberto A De Santis, Carlo A. Favero, Barbara Roffia Published May 2012
DP8956	The Effect of Conventional and Unconventional Monetary Policy Rules on Inflation Expectations: Theory and Evidence Author(s): Roger E A Farmer Published May 2012
DP8955	Fiscal Consolidation in an Open Economy Author(s): Christopher Erceg, Jesper Lindé Published April 2012
DP8954	How Trade Credits Foster International Trade Author(s): Katharina Eck, Martina Engemann, Monika Schnitzer Published April 2012
DP8953	A dynamic analysis of bank bailouts and constructive ambiguity Author(s): Sylvester C W Eijffinger, Rob Nijskens Published April 2012
DP8952	Super-Additionality: A Neglected Force in Markets for Carbon Offsets Author(s): Antonio Bento, Ravi Kanbur, Benjamin Leard Published April 2012
DP8951	Structural Reforms and Regional Convergence Author(s): Natasha Xingyuan Che, Antonio Spilimbergo Published April 2012
DP8950	Asia?s Growth, the Changing Geography of World Trade, and Food Security: Projections to 2030 Author(s): Kym Anderson, Anna Strutt Published April 2012
DP8949	Multi-Stage Sequential All-Pay Auctions Author(s): Ella Segev, Aner Sela Published April 2012
DP8948	Dynamic Moral Hazard, Learning and Belief Manipulation Author(s): Venkataraman Bhaskar Published April 2012
DP8947	The Return of Financial Repression Author(s): Carmen M. Reinhart Published April 2012
DP8946	A Theory of Optimal Capital Taxation Author(s): Thomas Piketty, Emmanuel Saez Published April 2012
DP8945	Does Misinformation Demobilize the Electorate? Measuring the Impact of Alleged 'Robocalls' in the 2011 Canadian Election Author(s): Tom Cornwall, Anke Kessler Published April 2012
DP8944	Money, credit, monetary policy and the business cycle in the euro area Author(s): Domenico Giannone, Michele Lenza, Lucrezia Reichlin Published April 2012
DP8943	The use of tax havens in exemption regimes Author(s): Anna Gumpert, James R Hines Jr, Monika Schnitzer Published April 2012
DP8942	Trade liberalization and credit constraints: Why opening up may fail to promote convergence Author(s): Katrin Peters, Monika Schnitzer Published April 2012
DP8941	Choosing a Champion: Party Membership and Policy Platform Author(s): Simon P Anderson, Kieron J Meagher Published April 2012
DP8940	Transfers, Diversification and Household Risk Strategies: Experimental evidence with lessons for climate change adaptation Author(s): Karen Macours, Patrick Premand, Renos Vakis Published April 2012
DP8939	Transparency, Tax Pressure and Access to Finance Author(s): Andrew Ellul, Tullio Jappelli, Marco Pagano, Fausto Panunzi Published April 2012
DP8938	Debt Deleveraging and the Exchange Rate Author(s): Pierpaolo Benigno, Federica Romei Published April 2012
DP8937	Protectionism Isn?t Counter-Cyclic (anymore) Author(s): Andrew K Rose Published April 2012
DP8936	Competition for Managers and Corporate Governance Author(s): Viral V. Acharya, Marc Gabarro, Paolo Volpin Published April 2012
DP8935	(Re-) Shaping Hatred: Anti-Semitic Attitudes in Germany, 1890-2006 Author(s): Nico Voigtländer, Hans-Joachim Voth Published April 2012
DP8934	Household Finance: An Emerging Field Author(s): Luigi Guiso, Paolo Sodini Published April 2012
DP8933	Inflation Forecast Contracts Author(s): Hans Gersbach, Volker Hahn Published April 2012
DP8932	The Role of Social Networks and Peer Effects in Education Transmission Author(s): Sebastian Bervoets, Antoni Calvó-Armengol, Yves Zenou Published April 2012
DP8931	Exports and Wages: Rent Sharing, Workforce Composition or Returns to Skills? Author(s): Mario Macis, Fabiano Schivardi Published April 2012
DP8930	Ricardo's Theory of Comparative Advantage: Old Idea, New Evidence Author(s): Arnaud Costinot, Dave Donaldson Published April 2012
DP8929	Lifetime earnings inequality in Germany Author(s): Timm Bönke, Giacomo Corneo, Holger Lüthen Published April 2012
DP8928	Monetary policy responses to oil price fluctuations Author(s): Martin Bodenstein, Luca Guerrieri, Lutz Kilian Published April 2012
DP8927	A proposal for the resolution of systemically important assets and liabilities: The case of the repo market Author(s): Viral V. Acharya, T Sabri Öncü Published April 2012
DP8926	Getting Ready: Preparation for Exporting Author(s): Leonardo Iacovone, Beata Javorcik Published April 2012
DP8925	The Optimal Control of Infectious Diseases via Prevention and Treatment Author(s): Robert Rowthorn, Flavio Toxvaerd Published April 2012
DP8924	Understanding Bubbly Episodes Author(s): Vasco M Carvalho, Alberto Martín, Jaume Ventura Published April 2012
DP8923	Product quality, competition, and multi-purchasing Author(s): Simon P Anderson, Øystein Foros, Hans Jarle Kind Published April 2012
DP8922	How Can Bill and Melinda Gates Increase Other People's Donations to Fund Public Goods? Author(s): Dean S. Karlan, John List Published April 2012
DP8921	The Role of Salience in Performance Schemes: Evidence from a Field Experiment Author(s): Florian Englmaier, Andreas Roider, Uwe Sunde Published March 2012
DP8920	Sorting and local wage and skill distributions in France Author(s): Pierre-Philippe Combes, Gilles Duranton, Laurent Gobillon, Sébastien Roux Published March 2012
DP8919	Human Capital, Innovation, and Climate Policy: An Integrated Assessment Author(s): Carlo Carraro, Enrica De Cian, Massimo Tavoni Published March 2012
DP8918	Real exchange rate adjustment, wage-setting institutions, and fiscal stabilization policy: Lessons of the Eurozone?s first decade Author(s): Wendy Carlin Published March 2012
DP8917	Bayesian Model Averaging, Learning and Model Selection Author(s): George W. Evans, Seppo Honkapohja, Thomas J Sargent, Noah Williams Published March 2012
DP8916	The Role of Speculation in Oil Markets: What Have We Learned So Far? Author(s): Bassam Fattouh, Lutz Kilian, Lavan Mahadeva Published March 2012
DP8915	Household Responses to Information on Child Nutrition: Experimental Evidence from Malawi Author(s): Emla Fitzsimons, Bansi Malde, Alice Mesnard, Marcos Vera-Hernández Published March 2012
DP8914	Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts Author(s): Ulf Axelson, Tim Jenkinson, Per Johan Strömberg, Michael Weisbach Published March 2012
DP8913	Aggregate Risk and the Choice between Cash and Lines of Credit Author(s): Viral V. Acharya, Heitor Almeida, Murillo Campello Published March 2012
DP8912	Greenfield FDI and Skill Upgrading Author(s): Ronald Davies, Rodolphe Desbordes Published March 2012
DP8911	Import Prices, Income, and Inequality Author(s): Eddy Bekkers, Joseph Francois, Miriam Manchin Published March 2012
DP8910	Backwards Integration and Strategic Delegation Author(s): Matthias Hunold, Lars-Hendrik Röller, Konrad O Stahl Published March 2012
DP8909	Adaptation Can Help Mitigation: An Integrated Approach to Post-2012 Climate Policy Author(s): Francesco Bosello, Carlo Carraro, Enrica De Cian Published March 2012
DP8908	Awareness and AIDS: A Political Economy Perspective Author(s): Gani Aldashev, Jean-Marie Baland Published March 2012
DP8907	Migration to the Cloud Ecosystem: Ushering in a New Generation of Platform Competition Author(s): Chaim Fershtman, Neil Gandal Published March 2012
DP8906	Bilateral Exchange Rates and Jobs Author(s): Eddy Bekkers, Joseph Francois Published March 2012
DP8905	Seeking Alpha: Excess Risk Taking and Competition for Managerial Talent Author(s): Viral V. Acharya, Marco Pagano, Paolo Volpin Published March 2012
DP8904	Aspirations, Well-being, Risk-Aversion and Loss-Aversion Author(s): Kees Koedijk, Rachel A J Pownall, Meir Statman Published March 2012
DP8903	International trade in natural resources: Practice and policy Author(s): Michele Ruta, Anthony Venables Published March 2012
DP8902	The world?s oldest fiscal watchdog: CPB?s analyses foster consensus on economic policy Author(s): Frits Bos, Coen N Teulings Published March 2012
DP8901	Decentralized Deterrence, with an Application to Labor Tax Auditing Author(s): Edoardo Di Porto, Nicola Persico, Nicolas Sahuguet Published March 2012
DP8900	Prices, Markups and Trade Reform Author(s): Jan De Loecker, Pinelopi Koujianou Goldberg, Amit Khandelwal, Nina Pavcnik Published March 2012
DP8899	Can Rare Events Explain the Equity Premium Puzzle? Author(s): Anisha Ghosh, Christian Julliard Published March 2012
DP8898	Change You Can Believe In? Hedge Fund Data Revisions Author(s): Andrew J Patton, Tarun Ramadorai, Michael Streatfield Published March 2012
DP8897	The Procyclical Effects of Bank Capital Regulation Author(s): Rafael Repullo, Javier Suarez Published March 2012
DP8896	Green Shoots and Double Dips in the Euro Area. A Real Time Measure Author(s): Maximo Camacho, Gabriel Pérez-Quirós, Pilar Poncela Published March 2012
DP8895	Energy and Climate Change in China Author(s): Carlo Carraro, Emanuele Massetti Published March 2012
DP8894	Common Drifting Volatility in Large Bayesian VARs Author(s): Andrea Carriero, Todd Clark, Massimiliano Marcellino Published March 2012
DP8893	Financial Globalization, Inequality, and the Raising of Public Debt Author(s): Marina Azzimonti, Eva de Francisco, Vincenzo Quadrini Published September 2012
DP8892	Policy Change and Learning in the RBC Model Author(s): George W. Evans, Seppo Honkapohja, Kaushik Mitra Published March 2012
DP8891	Fiscal Policy and Learning Author(s): George W. Evans, Seppo Honkapohja, Kaushik Mitra Published March 2012
DP8890	On the optimal supply of liquidity with borrowing constraints Author(s): Francesco Lippi, Nicholas Trachter Published March 2012
DP8889	The Dynamics of Homeownership Among the 50+ in Europe Author(s): Viola Angelini, Agar Brugiavini, Guglielmo Weber Published March 2012
DP8888	Does the Current Account Still Matter? Author(s): Maurice Obstfeld Published March 2012
DP8887	The Impact of Consulting Services on Small and Medium Enterprises: Evidence from a Randomized Trial in Mexico Author(s): Miriam Bruhn, Dean S. Karlan, Antoinette S Schoar Published March 2012
DP8886	How children?s schooling and work is affected when their father leaves permanently: Evidence from Colombia Author(s): Emla Fitzsimons, Alice Mesnard Published March 2012
DP8885	Sons or Daughters? Endogenous Sex Preferences and the Reversal of the Gender Educational Gap Author(s): Moshe Hazan, Hosny Zoabi Published March 2012
DP8884	Technological Change, Trade in Intermediates and the Joint Impact on Productivity Author(s): Esther Bøler, Andreas Moxnes, Karen-Helene Ulltveit-Moe Published March 2012
DP8883	On the Measurement of Trade Costs: Direct vs. Indirect Approaches to Quantifying Standards and Technical Regulations Author(s): Natalie Chen, Dennis Novy Published March 2012
DP8882	Infrastructure and regional growth in the European Union Author(s): Riccardo Crescenzi, Andrés Rodríguez-Pose Published March 2012
DP8881	The Organization of European Multinationals Author(s): Dalia Marin, Linda Rousová Published March 2012
DP8880	The Theory of the Firm goes Global Author(s): Dalia Marin Published March 2012
DP8879	What Explains the Rise in CEO Pay in Germany? A Panel Data Analysis for 1977-2009 Author(s): Francesca Fabbri, Dalia Marin Published March 2012
DP8878	Can the Failing Firm Defense Rule be Counterproductive? Author(s): Helder Vasconcelos Published March 2012
DP8877	Flexibility and Collusion with Imperfect Monitoring Author(s): Maria Bigoni, Jan Potters, Giancarlo Spagnolo Published March 2012
DP8876	Right Wing Political Extremism in the Great Depression Author(s): Alan de Bromhead, Barry Eichengreen, Kevin Hjortshøj O'Rourke Published February 2012
DP8875	Macro-Financial Linkages: evidence from country-specific VARs Author(s): Paolo Guarda, Philippe Jeanfils Published March 2012
DP8874	On the Road: Access to Transportation Infrastructure and Economic Growth in China Author(s): Abhijit Banerjee, Esther Duflo, Nancy Qian Published March 2012
DP8873	Run For Fun: Intrinsic Motivation and Physical Performance Author(s): Antonio Filippin, Jan C. van Ours Published March 2012
DP8872	A Darwinian Perspective on "Exchange Rate Undervaluation" Author(s): Qingyuang Du, Shang-Jin Wei Published March 2012
DP8871	Income Growth and Institutional Quality: Evidence from International Oil Price Shocks Author(s): Markus Brückner, Mark Gradstein Published March 2012
DP8870	Innovation Beyond Patents: Technological Complexity as a Protection against Imitation Author(s): Emeric Henry, Francisco Ruiz-Aliseda Published March 2012
DP8869	Can Institutions Be Reformed from Within? Evidence from a Randomized Experiment with the Rajasthan Police Author(s): Abhijit Banerjee, Raghabendra Chattopadhyay, Esther Duflo, Daniel Keniston, Nina Singh Published March 2012
DP8868	Salience, Risky Choices and Gender Author(s): Alison L Booth, Patrick Nolen Published February 2012
DP8867	Finite sample performance of small versus large scale dynamic factor models Author(s): Rocio Alvarez, Maximo Camacho, Gabriel Pérez-Quirós Published March 2012
DP8866	Markov-switching dynamic factor models in real time Author(s): Maximo Camacho, Gabriel Pérez-Quirós, Pilar Poncela Published February 2012
DP8865	Extracting nonlinear signals from several economic indicators Author(s): Maximo Camacho, Gabriel Pérez-Quirós, Pilar Poncela Published February 2012
DP8864	Explaining the Spread of Temporary Jobs and its Impact on Labor Turnover Author(s): Pierre Cahuc, Olivier Charlot, Franck Malherbet Published March 2012
DP8863	Price setting with menu cost for multi-product firms Author(s): Fernando Alvarez, Francesco Lippi Published February 2012
DP8862	Endogenous Product Choice: A Progress Report Author(s): Gregory S. Crawford Published February 2012
DP8861	Aid and Agency in Africa: Explaining Food Disbursements Across Ethiopian Households, 1994-2004 Author(s): Nzinga H Broussard, Stefan Dercon, Rohini Somanathan Published February 2012
DP8860	Political Connections and Social Networks in Targeted Transfer Programs: Evidence from Rural Ethiopia Author(s): Bet Caeyers, Stefan Dercon Published February 2012
DP8859	Precautionary hoarding of liquidity and inter-bank markets: Evidence from the sub-prime crisis Author(s): Viral V. Acharya, Ouarda Merrouche Published February 2012
DP8858	Determinants of Banking System Fragility: A Regional Perspective Author(s): Hans Degryse, Muhammad Ather Elahi, Maria Fabiana Penas Published February 2012
DP8857	You Can Pick Your Friends, But You Need to Watch Them: Loan Screening and Enforcement in a Referrals Field Experiment Author(s): Gharad Bryan, Dean S. Karlan, Jonathan Zinman Published February 2012
DP8856	When the Baby Cries at Night: Uninformed and Hurried Buyers in Non-Competitive Markets Author(s): Giacomo Calzolari, Andrea Ichino, Francesco Manaresi, Viki Nellas Published February 2012
DP8855	A Model of Equilibrium Institutions Author(s): Bernardo Guimarães, Kevin D. Sheedy Published February 2012
DP8854	Financial Integration, Specialization, and Systemic Risk Author(s): Falko Fecht, Hans Peter Grüner, Philipp Hartmann Published February 2012
DP8853	Sudden Spikes in Global Risk Author(s): Philippe Bacchetta, Eric van Wincoop Published February 2012
DP8852	Bank Bonuses and Bail-outs Author(s): Hendrik Hakenes, Isabel Schnabel Published February 2012
DP8851	The Seeds of a Crisis: A Theory of Bank Liquidity and Risk-Taking over the Business Cycle Author(s): Viral V. Acharya, Hassan Naqvi Published February 2012
DP8850	The Legacy of Historical Conflict: Evidence from Africa Author(s): Timothy J. Besley, Marta Reynal-Querol Published February 2012
DP8849	Dynamic Price Competition with Switching Costs Author(s): Natalia Fabra, Alfredo García Published February 2012
DP8848	Vote Trading With and Without Party Leaders Author(s): Alessandra Casella, Thomas R Palfrey, Sébastien Turban Published February 2012
DP8847	Democratization and Civic Capital Author(s): Luigi Guiso, Paolo Pinotti Published February 2012
DP8846	The Household Effects of Government Spending Author(s): Francesco Giavazzi, Michael McMahon Published February 2012
DP8845	Long-Term Debt Pricing and Monetary Policy Transmission under Imperfect Knowledge Author(s): Stefano Eusepi, Marc Giannoni, Bruce Preston Published February 2012
DP8844	The ECB and the Interbank Market Author(s): Domenico Giannone, Michele Lenza, Huw Pill, Lucrezia Reichlin Published February 2012
DP8843	Innovation vs imitation and the evolution of productivity distributions Author(s): Michael König, Jan Lorenz, Fabrizio Zilibotti Published February 2012
DP8842	Unhappiness and job finding Author(s): Anne Gielen, Jan C. van Ours Published February 2012
DP8841	Job Characteristics and Labor Turnover: Assessing the Role of Preferences and Opportunities in Teacher Mobility Author(s): Stéphane Bonhomme, Grégory Jolivet, Edwin Leuven Published February 2012
DP8840	Labor Differentiation and Agglomeration in General Equilibrium Author(s): Marcus Berliant, Yves Zenou Published February 2012
DP8839	Measuring the Upstreamness of Production and Trade Flows Author(s): Pol Antràs, Davin Chor, Thibault Fally, Russell Hillberry Published February 2012
DP8838	On the connection between intra-temporal and intertemporal trade Author(s): Jiandong Ju, Kang Shi, Shang-Jin Wei Published February 2012
DP8837	Offshoring high-skilled jobs: EU multinationals and domestic employment of inventors Author(s): Laura Abramovsky, Rachel Griffith, Helen Miller Published February 2012
DP8836	Does Trade Globalization Induce or Inhibit Corporate Transparency? Unbundling the Growth Potential and Product Market Competition Channels Author(s): Hui Tong, Shang-Jin Wei Published February 2012
DP8835	Exports and Within-Plant Wage Distributions: Evidence from Mexico Author(s): Judith A Frías, David Kaplan, Eric A Verhoogen Published February 2012
DP8834	No margin, no mission? A Field Experiment on Incentives for Pro-Social Tasks Author(s): Nava Ashraf, Oriana Bandiera, Kelsey Jack Published February 2012
DP8833	Heterogeneity, Demand for Insurance and Adverse Selection Author(s): Johannes Spinnewijn Published February 2012
DP8832	Signalling, Incumbency Advantage, and Optimal Reelection Thresholds Author(s): Francesco Caselli, Tom Cunningham, Massimo Morelli, Inés Moreno de Barreda Published February 2012
DP8831	The Firm as the Locus of Social Comparisons: Internal Labor Markets versus Up-or-out Author(s): Emmanuelle Auriol, Guido Friebel, Frauke Lammers Published February 2012
DP8830	Nominal Stability and Financial Globalization Author(s): Michael B Devereux, Ozge Senay, Alan Sutherland Published February 2012
DP8829	Fiscal Policy in a Financial Crisis: Standard Policy vs. Bank Rescue Measures Author(s): Robert Kollmann, Werner Roeger, Jan in't Veld Published February 2012
DP8828	U-MIDAS: MIDAS regressions with unrestricted lag polynomials Author(s): Claudia Foroni, Massimiliano Marcellino, Christian Schumacher Published February 2012
DP8827	Western Europe's Growth Prospects: an Historical Perspective Author(s): Nicholas Crafts Published February 2012
DP8826	Robustly Optimal Monetary Policy in a Microfounded New Keynesian Model Author(s): Klaus Adam, Michael Woodford Published February 2012
DP8825	The effects of global shocks on small commodity-exporting economies: New evidence from Canada Author(s): Valery Charnavoki, Juan J. Dolado Published February 2012
DP8824	Measuring Systemic Risk Author(s): Viral V. Acharya, Lasse Heje Pedersen, Thomas Philippon, Matthew P Richardson Published February 2012
DP8823	Behind the GATE Experiment: Evidence on Effects of and Rationales for Subsidized Entrepreneurship Training Author(s): Robert W Fairlie, Dean S. Karlan, Jonathan Zinman Published February 2012
DP8822	Caught between Scylla and Charybdis? Regulating bank leverage when there is rent-seeking and risk-shifting Author(s): Viral V. Acharya, Hamid Mehran, Anjan Thakor Published February 2012
DP8821	Incentives and Stability Of International Climate Coalitions: An Integrated Assessment Author(s): Valentina Bosetti, Carlo Carraro, Enrica De Cian, Emanuele Massetti, Massimo Tavoni Published February 2012
DP8820	Real Effects of Stock Underpricing Author(s): Harald Hau, Sandy Lai Published February 2012
DP8819	The Role of Equity Funds in the Financial Crisis Propagation Author(s): Harald Hau, Sandy Lai Published February 2012
DP8818	The causal effects of an industrial policy Author(s): Chiara Criscuolo, Ralf Martin, Henry G Overman, John Van Reenen Published February 2012
DP8817	Does Cost Uncertainty in the Bertrand Model Soften Competition? Author(s): Johan N. M. Lagerlöf Published February 2012
DP8816	Competition for traders and risk Author(s): Michiel Bijlsma, Jan Boone, Gijsbert Zwart Published February 2012
DP8815	How Exports Matter: Trade Patterns over Development Stages Author(s): David B Audretsch, Mark Sanders, Lu Zhang Published February 2012
DP8814	A New Comparative Approach to Macroeconomic Modeling and Policy Analysis Author(s): Tobias Cwik, Gernot Mueller, Sebastian Schmidt, Volker Wieland, Maik H Wolters Published February 2012
DP8813	Boundedly Rational Dynamic Programming: Some Preliminary Results Author(s): Xavier Gabaix Published February 2012
DP8812	The Scapegoat Theory of Exchange Rates: The First Tests Author(s): Marcel Fratzscher, Lucio Sarno, Gabriele Zinna Published February 2012
DP8811	The home bias of the poor: Terms of trade effects and portfolios across the wealth distribution Author(s): Tobias Broer Published February 2012
DP8810	Portfolio Allocation and International Risk Sharing Author(s): Gianluca Benigno, Hande Küçük Published February 2012
DP8809	Institutions and Export Dynamics Author(s): Luis Araujo, Giordano Mion, Emanuel Ornelas Published January 2012
DP8808	Shanghai?s Trade, China?s Growth: Continuity, Recovery, and Change since the Opium War Author(s): Wolfgang Keller, Ben Li, Carol Hua Shiue Published January 2012
DP8807	Nestedness in Networks: A Theoretical Model and Some Applications Author(s): Michael König, Claudio J. Tessone, Yves Zenou Published January 2012
DP8806	Key Player Policies When Contextual Effects Matter Author(s): Coralio Ballester, Yves Zenou Published January 2012
DP8805	Preferential Trade Agreements and the Labor Market Author(s): Emanuel Ornelas Published January 2012
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
DP8803	Long Term Impacts of Compensatory Preschool on Health and Behavior: Evidence from Head Start Author(s): Pedro Carneiro, Rita Ginja Published February 2012
DP8802	Can governments do it better? Merger mania and hospital outcomes in the English NHS Author(s): Martin Gaynor, Mauro Laudicella, Carol Propper Published February 2012
DP8801	Dividends and Bank Capital in the Financial Crisis of 2007-2009 Author(s): Viral V. Acharya, Irvind Gujral, Nirupama Kulkarni, Hyun Song Shin Published February 2012
DP8800	Wealth, Credit Conditions and Consumption: Evidence from South Africa Author(s): Janine Aron, John Muellbauer Published February 2012
DP8799	Aiding Conflict: The Impact of U.S. Food Aid on Civil War Author(s): Nathan Nunn, Nancy Qian Published February 2012
DP8798	Trade and Investment under Policy Uncertainty: Theory and Firm Evidence Author(s): Kyle Handley, Nuno Limão Published February 2012
DP8797	The Long-Run Effect of 9/11: Terrorism, Backlash, and the Assimilation of Muslim Immigrants in the West Author(s): Eric D Gould, Esteban F Klor Published February 2012
DP8796	Envy, Guilt, and the Phillips Curve Author(s): Steffen Ahrens, Dennis J. Snower Published February 2012
DP8795	Sizing Up Repo Author(s): Arvind Krishnamurthy, Stefan Nagel, Dmitry Orlov Published February 2012
DP8794	Performance Pay, CEO Dismissal, and the Dual Role of Takeovers Author(s): Mike Burkart, Konrad Raff Published February 2012
DP8793	Contagion in financial networks: A threat index Author(s): Gabrielle Demange Published February 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
DP8789	Central-banking challenges for the Riksbank: Monetary policy, financial-stability policy and asset management Author(s): Lars E.O. Svensson Published February 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
DP8692	On the Non-Exclusivity of Loan Contracts: An Empirical Investigation Author(s): Hans Degryse, Vasso Ioannidou, Erik von Schedvin Published December 2012

Total Papers Listed: 539

List update: 20/10/2021 05:10:34