Year publications

Discussion Papers 2014

DP10324	Product Line Design Author(s): Simon P Anderson, Levent Celik Published December 2014
DP10323	Moderating Political Extremism: Single Round vs Runoff Elections under Plurality Rule Author(s): Massimo Bordignon, Tommaso Nannicini, Guido Tabellini Published December 2014
DP10322	The Long and the Short of It: Sovereign Debt Crises and Debt Maturity Author(s): Raquel Fernández, Alberto Martín Published December 2014
DP10321	Which club should I attend, Dad?: Targeted socialization and production Author(s): Facundo Albornoz-Crespo, Antonio Cabrales, Esther Hauk Published December 2014
DP10320	Political and Economic Institutions of China and Their Influences Author(s): Chenggang Xu Published December 2014
DP10319	Business Cycle Fluctuations and the Distribution of Consumption Author(s): Giacomo De Giorgi, Luca Gambetti Published December 2014
DP10318	Option-Based Credit Spreads Author(s): Christopher L. Culp, Yoshio Nozawa, Pietro Veronesi Published December 2014
DP10317	Gender Differences in Honesty: Groups Versus Individuals Author(s): Gerd Muehlheusser, Andreas Roider, Niklas Wallmeier Published December 2014
DP10316	Capital Regulation in a Macroeconomic Model with Three Layers of Default Author(s): Laurent Clerc, Alexis Derviz, Caterina Mendicino, Stéphane Moyen, Kalin Nikolov, Livio Stracca, Javier Suarez, Alexandros Vardoulakis Published December 2014
DP10315	Austerity Author(s): Harris Dellas, Dirk Niepelt Published December 2014
DP10314	Global Liquidity and Drivers of Cross-Border Bank Flows Author(s): Eugenio Cerutti, Stijn Claessens, Lev Ratnovski Published December 2014
DP10313	Pricing a Package of Services Author(s): Felix Ketelaar, Dezso Szalay Published December 2014
DP10312	Managerial Incentive Problems and Return Distributions Author(s): Dezso Szalay, Venuga Yokeeswaran Published December 2014
DP10311	Bailouts And Moral Hazard: How Implicit Government Guarantees Affect Financial Stability Author(s): Mike Mariathasan, Ouarda Merrouche, Charlotte Werger Published December 2014
DP10310	The Margins of Global Sourcing: Theory and Evidence from U.S. Firms Author(s): Pol Antràs, Teresa C Fort, Felix Tintelnot Published December 2014
DP10309	Corporate Cash and Employment Author(s): Philippe Bacchetta, Kenza Benhima, Céline Poilly Published December 2014
DP10308	The Long Run Human Capital and Economic Consequences of High-Stakes Examinations Author(s): Avraham Ebenstein, Victor Lavy, Sefi Roth Published December 2014
DP10307	Nether Lands: Evidence on the price and perception of rare flood disasters Author(s): Maarten Bosker, Harry Garretsen, Gerard Marlet, Clemens van Woerkens Published December 2014
DP10306	Accounting for Post-Crisis Inflation and Employment: A Retro Analysis Author(s): Chiara Fratto, Harald Uhlig Published December 2014
DP10305	Betting the House Author(s): Òscar Jordà, Moritz Schularick, Alan M. Taylor Published December 2014
DP10304	The Impact of the Shale Oil Revolution on U.S. Oil and Gasoline Prices Author(s): Lutz Kilian Published December 2014
DP10303	Defaults and Donations: Evidence from a Field Experiment Author(s): Steffen Altmann, Armin Falk, Paul Heidhues, Raji Jayaraman Published December 2014
DP10302	The Impact of Short Term Exposure to Ambient Air Pollution on Cognitive Performance and Human Capital Formation Author(s): Avraham Ebenstein, Victor Lavy, Sefi Roth Published December 2014
DP10301	Consumer valuation of fuel costs and the effectiveness of tax policy: Evidence from the European car market Author(s): Laura Grigolon, Mathias Reynaert, Frank Verboven Published December 2014
DP10300	Banks Exposure to Interest Rate Risk and The Transmission of Monetary Policy Author(s): Augustin Landier, David Sraer, David Thesmar Published December 2014
DP10299	A Dynamic Model of Banking with Uninsurable Risks and Regulatory Constraints Author(s): Jochen Mankart, Alexander Michaelides, Spyros Pagratis Published December 2014
DP10298	Impulse Response Matching Estimators for DSGE Models Author(s): Pablo A. Guerron-Quintana, Atsushi Inoue, Lutz Kilian Published December 2014
DP10297	Life During Structural Transformation Author(s): Jonathan Temple, Huikang Ying Published December 2014
DP10296	Drivers of Structural Change in Cross-Border Banking Since the Global Financial Crisis Author(s): Franziska Bremus, Marcel Fratzscher Published December 2014
DP10295	Banking Integration and House Price Comovement Author(s): Augustin Landier, David Sraer, David Thesmar Published December 2014
DP10294	Can Unemployment Insurance Spur Entrepreneurial Activity? Author(s): Johan Hombert, Antoinette S Schoar, David Sraer, David Thesmar Published December 2014
DP10293	Returns to Office in National and Local Politics Author(s): Kaisa Kotakorpi, Panu Poutvaara, Marko Terviö Published December 2014
DP10292	Intergenerational inequality aversion, growth and the role of damages: Occam?s rule for the global carbon tax Author(s): Armon Rezai, Frederick van der Ploeg Published December 2014
DP10291	Growth, Slowdowns, and Recoveries Author(s): Francesco Bianchi, Howard Kung, Gonzalo Morales Published December 2014
DP10290	Network Games with Incomplete Information Author(s): Joan De Martí, Yves Zenou Published December 2014
DP10289	Euro-Area and US Banks Behavior, and ECB-Fed Monetary Policies during the Global Financial Crisis: A Comparison Author(s): Alex Cukierman Published December 2014
DP10288	A Theory of Wage Adjustment under Loss Aversion Author(s): Steffen Ahrens, Inske Pirschel, Dennis J. Snower Published December 2014
DP10287	Inference about Non-Identified SVARs Author(s): Raffaella Giacomini, Toru Kitagawa Published December 2014
DP10286	The Curse of Inflation Author(s): Erik Eyster, Kristóf Madarász, Pascal Michaillat Published December 2014
DP10285	Are Retail Traders Compensated for Providing Liquidity? Author(s): Jean-Noël Barrot, Ron Kaniel, David Sraer Published December 2014
DP10284	Auctions vs. Negotiations: The Effects of Inefficient Renegotiation Author(s): Fabian Herweg, Klaus M. Schmidt Published December 2014
DP10283	The academic and labor market returns of university professors Author(s): Michela Braga, Marco Paccagnella, Michele Pellizzari Published December 2014
DP10282	Urban land use Author(s): Gilles Duranton, Diego Puga Published December 2014
DP10281	Government Debt Management: The Long and the Short of It Author(s): Elisa Faraglia, Albert Marcet, Rigas Oikonomou, Andrew Scott Published December 2014
DP10280	A new measure of skills mismatch: theory and evidence from the Survey of Adult Skills (PIAAC) Author(s): Anne Fichen, Michele Pellizzari Published December 2014
DP10279	The Generalized Informativeness Principle Author(s): Pierre Chaigneau, Alex Edmans, Daniel Gottlieb Published December 2014
DP10278	Insurance companies of the poor Author(s): Tessa Bold, Stefan Dercon Published December 2014
DP10277	Key Players Author(s): Yves Zenou Published December 2014
DP10276	Exporting and Firm Performance: Evidence from a Randomized Trial Author(s): David Atkin, Amit Khandelwal, Adam Osman Published December 2014
DP10275	Measuring the bias of technological change Author(s): Ulrich Doraszelski, Jordi Jaumandreu Published November 2014
DP10274	First-Mover Advantage in Round-Robin Tournaments Author(s): Alex Krumer, Reut Megidish, Aner Sela Published November 2014
DP10273	Dynamic Spatial Competition Between Multi-Store Firms Author(s): Victor Aguirregabiria, Gustavo Vicentini Published November 2014
DP10272	Following the Trend: Tracking GDP when Long-Run Growth is Uncertain Author(s): Juan Antolin-Diaz, Thomas Drechsel, Ivan Petrella Published November 2014
DP10271	Risky sexual behavior: biological markers and self-reported data Author(s): Lucia Corno, Áureo De Paula Published November 2014
DP10270	Can active labor market policy be counter-productive? Author(s): Gilles Saint-Paul Published November 2014
DP10269	How Darwinian should an economy be? Author(s): Gilles Saint-Paul Published November 2014
DP10267	Human Capital and Optimal Redistribution Author(s): Winfried Koeniger, Julien Prat Published November 2014
DP10266	Financial Constraints in Search Equilibrium Author(s): Tito Boeri, Pietro Garibaldi, Espen R Moen Published November 2014
DP10265	Bank Liabilities Channel Author(s): Vincenzo Quadrini Published November 2014
DP10264	International Banking: the Isolation of the Euro Area Author(s): Vincent Bouvatier, Anne-Laure Delatte Published November 2014
DP10263	Innovation in creative cities: Evidence from British small firms Author(s): Neil Lee, Andrés Rodríguez-Pose Published November 2014
DP10262	The Power of the Street: Evidence from Egypt's Arab Spring Author(s): Daron Acemoglu, Tarek Alexander Hassan, Ahmed Tahoun Published November 2014
DP10261	Do Funds Make More When They Trade More? Author(s): Lubos Pástor, Robert F. Stambaugh, Lucian Taylor Published November 2014
DP10260	Financing Constraints, Home Equity and Selection into Entrepreneurship Author(s): Thais Laerkholm Jensen, Søren Leth-Petersen, Ramana Nanda Published November 2014
DP10259	How Does Tax Progressivity and Household Heterogeneity Affect Laffer Curves? Author(s): Hans A. Holter, Dirk Krueger, Serhiy Stepanchuk Published November 2014
DP10258	Further Evidence on the Link between Pre-Colonial Political Centralization and Comparative Economic Development in Africa Author(s): Stelios Michalopoulos, Elias Papaioannou Published November 2014
DP10257	On the Ethnic Origins of African Development: Chiefs and Pre-colonial Political Centralization Author(s): Stelios Michalopoulos, Elias Papaioannou Published November 2014
DP10256	The Impact of a Permanent Income Shock on the Situation of Women in the Household: the case of a pension reform in Argentina Author(s): Inés Berniell, Dolores de la Mata, Matilde Pinto Machado Published November 2014
DP10255	New trade models, elusive welfare gains Author(s): Kristian Behrens, Yoshitsugu Kanemoto, Yasusada Murata Published November 2014
DP10254	Credence Goods, Costly Diagnosis, and Subjective Evaluation Author(s): Helmut Bester, Matthias Dahm Published November 2014
DP10253	Regional Policy Evaluation: Interactive Fixed Effects and Synthetic Controls Author(s): Laurent Gobillon, Thierry Magnac Published November 2014
DP10252	The Transmission of Liquidity Shocks: Evidence from Credit Rating Downgrades Author(s): Philippe Karam, Ouarda Merrouche, Moez Souissi, Rima Turk Published November 2014
DP10251	Financial Development and Technology Diffusion Author(s): Diego Comin, Ramana Nanda Published November 2014
DP10250	Monetarism rides again? US monetary policy in a world of Quantitative Easing Author(s): Vo Phuong Mai Le, David Meenagh, Patrick Minford Published November 2014
DP10249	Overdeterrence of repeat offenders when penalties for first-time offenders are restricted Author(s): Daniel Muller, Patrick W. Schmitz Published November 2014
DP10248	Strong versus Weak Ties in Migration Author(s): Corrado Giulietti, Jackline Wahba, Yves Zenou Published November 2014
DP10247	Optimal Taxation with Rent-Seeking Author(s): Casey Rothschild, Florian Scheuer Published November 2014
DP10246	Dual Labour Markets and (Lack of) On-The-Job Training: PIAAC Evidence from Spain and Other EU Countries Author(s): Antonio Cabrales, Juan J. Dolado, Ricardo Mora Published November 2014
DP10245	Does Marriage Make You Healthier? Author(s): Nezih Guner, Yuliy Kulikova, Joan Llull Published November 2014
DP10244	The Rise of the Machines: Automation, Horizontal Innovation and Income Inequality Author(s): David Hémous, Morten Olsen Published November 2014
DP10243	The Impact of Maximum Markup Regulation on Prices Author(s): Christos D. Genakos, Pantelis Koutroumpis, Mario Pagliero Published November 2014
DP10242	Trade and Tasks: An Exploration over Three Decades in Germany Author(s): Sascha O. Becker, Marc-Andreas Muendler Published November 2014
DP10241	Cultural diversity and entrepreneurship in England and Wales Author(s): Daniel Hardy, Andrés Rodríguez-Pose Published November 2014
DP10240	The role of fiscal policy in Britain's Great Inflation Author(s): Jingwen Fan, Patrick Minford, Zhirong Ou Published November 2014
DP10239	How good are out of sample forecasting Tests on DSGE models? Author(s): Patrick Minford, Yongdeng Xu, Peng Zhou Published November 2014
DP10238	A DSGE Model of China Author(s): Li Dai, Patrick Minford, Peng Zhou Published November 2014
DP10237	Dealer Networks Author(s): Dan Li, Norman Schürhoff Published November 2014
DP10236	Predicting the VIX and the Volatility Risk Premium: What's Credit and Commodity Volatility Risk Got To Do With It? Author(s): Elena Andreou, Eric Ghysels Published November 2014
DP10235	Growth, Trade, and Inequality Author(s): Gene M. Grossman, Elhanan Helpman Published November 2014
DP10234	Momentum Trading, Return Chasing, and Predictable Crashes Author(s): Benjamin Chabot, Eric Ghysels, Ravi Jagannathan Published November 2014
DP10233	Basic versus supplementary health insurance: the role of cost effectiveness and prevalence Author(s): Jan Boone Published November 2014
DP10232	Exchange Rates Dynamics with Long-Run Risk and Recursive Preferences Author(s): Robert Kollmann Published November 2014
DP10231	Early Maternal Time Investment and Early Child Outcomes Author(s): Emilia del Bono, Marco Francesconi Published November 2014
DP10230	Monetary Policy and Bank Lending Rates in Low-Income Countries: Heterogeneous Panel Estimates Author(s): Prachi Mishra, Peter J Montiel, Peter Pedroni, Antonio Spilimbergo Published November 2014
DP10229	Should central banks provide reserves via repos or outright bond purchases? Author(s): David Miles, Jochen Schanz Published November 2014
DP10228	Do Female Executives Make a Difference? The Impact of Female Leadership on Gender Gaps and Firm Performance Author(s): Luca Flabbi, Mario Macis, Andrea Moro, Fabiano Schivardi Published November 2014
DP10227	Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data Author(s): Emmanuel Saez, Gabriel Zucman Published October 2014
DP10226	Macroinsurance for Microenterprises: A Randomized Experiment in Post-Revolution Egypt Author(s): David McKenzie Published October 2014
DP10225	Radio Frequency (Un)Identification: Results from a Proof-of-Concept Trial of the use of RFID Technology to Measure Microenterprise Turnover in Sri Lanka Author(s): Suresh De Mel, David McKenzie Published October 2014
DP10224	The Future in Mind: Aspirations and Forward-Looking Behaviour in Rural Ethiopia Author(s): Tanguy Bernard, Stefan Dercon, Kate Orkin, Alemayehu Taffesse Published October 2014
DP10223	Central Banks: Powerful, Political and Unaccountable? Author(s): Willem H. Buiter Published October 2014
DP10221	Do Single-Sex Classes Affect Achievement? An Experiment in a Coeducational University Author(s): Alison L Booth, Lina Cardona Sosa, Patrick Nolen Published October 2014
DP10220	Price Dynamics with Customer Markets Author(s): Luigi Paciello, Andrea Pozzi, Nicholas Trachter Published October 2014
DP10219	Optimal trade policy with monopolistic competition and heterogeneous firms Author(s): Jan I. Haaland, Anthony Venables Published October 2014
DP10218	Transmission of preferences and beliefs about female labor market participation: direct evidence on the role of mothers Author(s): Jesus Carro, Matilde Pinto Machado, Ricardo Mora Published October 2014
DP10217	Incentive Pay and Bank Risk-Taking:Evidence from Austrian, German, and Swiss Banks Author(s): Matthias Efing, Harald Hau, Patrick Kampkötter, Johannes Steinbrecher Published October 2014
DP10216	Land use, worker heterogeneity and welfare benefits of public goods Author(s): Henri L.F. De Groot, Ioulia V. Ossokina, Coen N Teulings Published October 2014
DP10215	Unintended Effects of Anonymous Resumes Author(s): Luc Behaghel, Bruno Crépon, Thomas Le Barbanchon Published October 2014
DP10214	Switching Risk Off: FX Correlations and Risk Premia Author(s): Alessandro Beber, Michael Brandt, Jason Cen Published October 2014
DP10213	Equity Recourse Notes: Creating Counter-cyclical Bank Capital Author(s): Jeremy I. Bulow, Paul Klemperer Published October 2014
DP10212	The Bali Trade Facilitation Agreement and Rulemaking in the WTO: Milestone, Mistake or Mirage? Author(s): Bernard Hoekman Published October 2014
DP10211	Foreign Aid and Domestic Absorption Author(s): Jonathan Temple, Nicolas van de Sijpe Published October 2014
DP10210	Is Government Spending at the Zero Lower Bound Desirable? Author(s): Florin Ovidiu Bilbiie, Tommaso Monacelli, Roberto Perotti Published October 2014
DP10209	International Financial Integration and Crisis Contagion Author(s): Michael B Devereux, Changhua Yu Published October 2014
DP10208	High Marginal Tax Rates on the Top 1%? Lessons from a Life Cycle Model with Idiosyncratic Income Risk Author(s): Fabian Kindermann, Dirk Krueger Published October 2014
DP10207	Transaction costs and the property rights approach to the theory of the firm Author(s): Daniel Muller, Patrick W. Schmitz Published October 2014
DP10206	Saving for a (not so) Rainy Day: A Randomized Evaluation of Savings Groups in Mali Author(s): Lori A Beaman, Dean S. Karlan, Bram Thuysbaert Published October 2014
DP10205	The Confidence Effects of Fiscal Consolidations Author(s): Roel Beetsma, Jacopo Cimadomo, Oana Furtuna, Massimo Giuliodori Published October 2014
DP10204	Embracing Diversity: Plurilateral Agreements and the Trading System Author(s): Bernard Hoekman, Petros C Mavroidis Published October 2014
DP10203	Real Exchange Rates and Sectoral Productivity in the Eurozone Author(s): Martin Berka, Michael B Devereux, Charles M Engel Published October 2014
DP10202	Exchange Rate Flexibility under the Zero Lower Bound Author(s): David Cook, Michael B Devereux Published October 2014
DP10201	Economic theory and forecasting: lessons from the literature Author(s): Raffaella Giacomini Published October 2014
DP10200	Interaction Between Monetary Policy and Regulatory Capital Requirements Author(s): Chuan Du, David Miles Published October 2014
DP10199	Basic versus supplementary health insurance: moral hazard and adverse selection Author(s): Jan Boone Published October 2014
DP10198	Effective Corporate Taxation, Tax Incidence and Tax Reforms: Evidence from OECD Countries Author(s): Salvador Barrios, Gaëtan Nicodème, Antonio Jesus Sanchez Fuentes Published October 2014
DP10197	How did we get to where we are now? Reflections on 50 years of macroeconomic and financial econometrics Author(s): Michael R. Wickens Published October 2014
DP10196	Wealth Shocks, Unemployment Shocks and Consumption in the Wake of the Great Recession Author(s): Dimitris Christelis, Dimitris Georgarakos, Tullio Jappelli Published October 2014
DP10195	A Distant Mirror of Debt, Default, and Relief Author(s): Carmen M. Reinhart, Christoph Trebesch Published October 2014
DP10194	The Impact of the Global Financial Crisis on Banking Globalization Author(s): Stijn Claessens, Neeltje Van Horen Published October 2014
DP10193	Exceptional policies for exceptional times: The ECB's response to the rolling crises of the Euro Area, and how it has brought us towards a new grand bargain Author(s): Huw Pill, Lucrezia Reichlin Published October 2014
DP10192	Optimal Effort Incentives in Dynamic Tournaments Author(s): Arnd Heinrich Klein, Armin Schmutzler Published October 2014
DP10191	In-season head-coach dismissals and the performance of professional football teams Author(s): Jan C. van Ours, Martin Van Tuijl Published October 2014
DP10190	Smooth, strategic communication Author(s): Inga Deimen, Dezso Szalay Published October 2014
DP10189	Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone Author(s): Philippe Martin, Thomas Philippon Published October 2014
DP10188	The Elephant in the Ground: Managing Oil and Sovereign Wealth Author(s): Ton van den Bremer, Frederick van der Ploeg, Samuel Wills Published October 2014
DP10187	Assessing Market Failures in Export Pioneering Activities: A Structural Estimation Approach Author(s): Shang-Jin Wei, Ziru Wei, Jianhuan Xu Published October 2014
DP10185	Corporate Governance and Bank Insolvency Risk: International Evidence Author(s): Deniz Anginer, Asli Demirguc-Kunt, Harry Huizinga, Kebin Ma Published October 2014
DP10184	Agglomeration theory with heterogeneous agents Author(s): Kristian Behrens, Frédéric Robert-Nicoud Published October 2014
DP10183	The Role of Card Acceptance in the Transaction Demand for Money Author(s): Kim P. Huynh, Philipp Schmidt-Dengler, Helmut Stix Published October 2014
DP10182	Severance Pay Author(s): Tito Boeri, Pietro Garibaldi, Espen R Moen Published October 2014
DP10181	Direct and Cross-Scheme Effects in a Research and Development Subsidy Program Author(s): Hanna Hottenrott, Cindy Lopes Bento, Reinhilde Veugelers Published October 2014
DP10180	The Value of Informativeness for Contracting Author(s): Pierre Chaigneau, Alex Edmans, Daniel Gottlieb Published October 2014
DP10179	Are Donors Afraid of Charities' Core Costs? Scale Economies in Non-profit Provision Author(s): Carlo Perroni, Ganna Pogrebna, Sarah Sandford, Kimberley Scharf Published October 2014
DP10178	Incumbency Advantage in Non-Democracies Author(s): Georgy Egorov, Konstantin Sonin Published September 2014
DP10177	Provider competition and over-utilization in health care Author(s): Jan Boone, Rudy Douven Published September 2014
DP10176	Exclusive Dealing and Vertical Integration in Interlocking Relationships Author(s): Volker Nocke, Patrick Rey Published September 2014
DP10175	Competitive on-the-job search Author(s): Pietro Garibaldi, Espen R Moen, Dag Einar Sommervoll Published September 2014
DP10174	The empirics of agglomeration economies Author(s): Pierre-Philippe Combes, Laurent Gobillon Published September 2014
DP10173	Common-Value All-Pay Auctions with Asymmetric Information and Bid Caps Author(s): Ezra Einy, Ori Haimanko, Ram Orzach, Aner Sela Published September 2014
DP10172	Managerial Practices and Students' Performance Author(s): Adriana Di Liberto, Fabiano Schivardi, Giovanni Sulis Published September 2014
DP10171	Shrouded Transaction Costs Author(s): Hélène Bourguignon, Renato Gomes, Jean Tirole Published October 2014
DP10170	Preschools and early childhood development in a second best world: Evidence from a scaled-up experiment in Cambodia Author(s): Adrien Bouguen, Deon Filmer, Karen Macours, Sophie Naudeau Published September 2014
DP10169	Can selective immigration policies reduce migrants' quality? Author(s): Simone Bertoli, Vianney Dequiedt, Yves Zenou Published September 2014
DP10168	Window Selection for Out-of-Sample Forecasting with Time-Varying Parameters Author(s): Atsushi Inoue, Lu Jin, Barbara Rossi Published September 2014
DP10167	Optimal Life Cycle Unemployment Insurance Author(s): Claudio Michelacci, Hernán Ruffo Published September 2014
DP10166	No Price Like Home: Global House Prices, 1870-2012 Author(s): Katharina Knoll, Moritz Schularick, Thomas Steger Published September 2014
DP10165	The Effects of a Money-Financed Fiscal Stimulus Author(s): Jordi Galí Published September 2014
DP10164	Trade Flows and Trade Disputes Author(s): Chad P. Bown, Kara M. Reynolds Published September 2014
DP10163	Technology Diffusion: Measurement, Causes and Consequences Author(s): Diego Comin, Martí Mestieri Published September 2014
DP10162	A General Approach to Recovering Market Expectations from Futures Prices With an Application to Crude Oil Author(s): Christiane Baumeister, Lutz Kilian Published September 2014
DP10161	The Great Mortgaging: Housing Finance, Crises, and Business Cycles Author(s): Òscar Jordà, Moritz Schularick, Alan M. Taylor Published September 2014
DP10160	A Bayesian MIDAS Approach to Modeling First and Second Moment Dynamics Author(s): Davide Pettenuzzo, Allan Timmermann, Rossen Valkanov Published September 2014
DP10159	Customary Norms, Inheritance, and Human Capital: Evidence from a Reform of the Matrilineal System in Ghana Author(s): Eliana La Ferrara, Annamaria Milazzo Published September 2014
DP10158	Storable Votes and Judicial Nominations in the U.S. Senate Author(s): Alessandra Casella, Sébastien Turban, Gregory Wawro Published September 2014
DP10157	Competition in the Cryptocurrency Market Author(s): Neil Gandal, Hanna Halaburda Published September 2014
DP10156	Horizontal Mergers and Product Quality Author(s): Kurt Richard Brekke, Luigi Siciliani, Odd Rune Straume Published September 2014
DP10155	Average-cost Pricing and Dynamic Selection Incentives in the Hospital Sector Author(s): Mathias Kifmann, Luigi Siciliani Published September 2014
DP10154	Channeling the Say in Political Decision Bodies Author(s): Hans Gersbach, Stephan Imhof, Oriol Tejada Published September 2014
DP10153	Innovation and Regional Growth in Mexico: 2000-2010 Author(s): Andrés Rodríguez-Pose, Edna Maria Villarreal Peralta Published September 2014
DP10152	Asset Management Contracts and Equilibrium Prices Author(s): Andrea Buffa, Dimitri Vayanos, Paul Woolley Published September 2014
DP10151	The Impact of Hedge Funds on Asset Markets Author(s): Mathias Kruttli, Andrew J Patton, Tarun Ramadorai Published September 2014
DP10150	The Geography of Development within Countries Author(s): Klaus Desmet, Vernon Henderson Published September 2014
DP10149	Patents and the Global Diffusion of New Drugs Author(s): Iain M Cockburn, Jean O Lanjouw, Mark Schankerman Published September 2014
DP10148	Collateralisation bubbles when investors disagree about risk Author(s): Tobias Broer, Afroditi Kero Published September 2014
DP10147	Understanding Uncertainty Shocks and the Role of Black Swans Author(s): Anna Orlik, Laura Veldkamp Published September 2014
DP10146	(Measured) Profit is Not Welfare: Evidence from an Experiment on Bundling Microcredit and Insurance Author(s): Abhijit Banerjee, Esther Duflo, Richard Hornbeck Published September 2014
DP10145	Equity Vesting and Managerial Myopia Author(s): Alex Edmans, Vivian Fang, Katharina A. Lewellen Published September 2014
DP10144	Strategic News Releases in Equity Vesting Months Author(s): Alex Edmans, Luis Goncalves-Pinto, Moqi Groen-Xu, Yanbo Wang Published September 2014
DP10143	The Informativeness Principle Under Limited Liability Author(s): Pierre Chaigneau, Alex Edmans, Daniel Gottlieb Published September 2014
DP10142	Don't Throw in the Towel, Throw in Trade Credit! Author(s): Banu Demir, Beata Javorcik Published September 2014
DP10141	Say Pays! Shareholder Voice and Firm Performance Author(s): Vicente Cuñat, Mireia Giné, Maria Guadalupe Published September 2014
DP10140	Identifying the Sources of Model Misspecification Author(s): Atsushi Inoue, Chun-Hung Kuo, Barbara Rossi Published September 2014
DP10139	Global Bank Lending Flows: Identifying the Flight Home Effect Author(s): Caroline Van Rijckeghem, Beatrice Weder di Mauro Published September 2014
DP10138	Menu Costs, Aggregate Fluctuations, and Large Shocks Author(s): Peter Karadi, Adam Reiff Published September 2014
DP10137	Mismeasuring Long Run Growth. The Bias from Spliced National Accounts Author(s): Leandro Prados de la Escosura Published September 2014
DP10136	The Biocultural Origins of Human Capital Formation Author(s): Oded Galor, Marc Klemp Published September 2014
DP10135	Spatial Methods Author(s): Steve Gibbons, Henry G Overman, Eleonora Patacchini Published September 2014
DP10134	The Economics of Secession ? Analysing the economic impact of the collapse of the former Yugoslavia Author(s): Andrés Rodríguez-Pose, Marko Stermsek Published September 2014
DP10133	What is Firm Heterogeneity in Trade Models? The Role of Quality, Scope, Markups, and Cost Author(s): Colin Hottman, Stephen J. Redding, David E. Weinstein Published September 2014
DP10132	When Is The Best Time To Give Birth - Career Effects Of Early Birth Decisions Author(s): Sylvia Frühwirth-Schnatter, Christoph Pamminger, Andrea Weber, Rudolf Winter-Ebmer Published September 2014
DP10131	Place-Based Policies Author(s): David Neumark, Helen Simpson Published September 2014
DP10130	Sorting Between and Within Industries: A Testable Model of Assortative Matching Author(s): John M Abowd, Francis Kramarz, Sebastien Perez-Duarte, Ian M. Schmutte Published September 2014
DP10129	Making Progress on Foreign Aid Author(s): Nancy Qian Published September 2014
DP10128	Reexamining the Cyclical Behavior of the Relative Price of Investment Author(s): Paul Beaudry, Alban Moura, Franck Portier Published September 2014
DP10127	Migration and Welfare State: Why is America Different from Europe? Author(s): Assaf Razin, Efraim Sadka Published September 2014
DP10126	Neighborhood and Network Effects Author(s): Giorgio Topa, Yves Zenou Published September 2014
DP10125	Asymmetry of Information within Family Networks Author(s): Joachim De Weerdt, Garance Genicot, Alice Mesnard Published September 2014
DP10124	The Bond Market: An Inflation-Targeter's Best Friend Author(s): Andrew K Rose Published September 2014
DP10123	Perceiving Prospects Properly Author(s): Jakub Steiner, Colin Stewart Published August 2014
DP10122	The Agricultural Origins of Time Preference Author(s): Oded Galor, Ömer Özak Published August 2014
DP10121	Banking Competition and Stability: The Role of Leverage Author(s): Xavier Freixas, Kebin Ma Published August 2014
DP10120	Gossip: Identifying Central Individuals in a Social Network Author(s): Abhijit Banerjee, Arun G Chandrasekhar, Esther Duflo, Matthew O. Jackson Published August 2014
DP10119	Governance and Comovement Under Common Ownership Author(s): Alex Edmans, Doron Levit, Devin Reilly Published August 2014
DP10118	Job creation, firm creation, and de novo entry Author(s): Karen Geurts, Johannes Van Biesebroeck Published August 2014
DP10117	What Calls to ARMs? International Evidence on Interest Rates and the Choice of Adjustable Rate Mortgages Author(s): Cristian Badarinza, John Y Campbell, Tarun Ramadorai Published August 2014
DP10116	From Selling Goods to Selling Services: Firm Responses to Trade Liberalization Author(s): Holger Breinlich, Anson Soderbery, Greg C. Wright Published August 2014
DP10115	Government Spending Shocks in Open Economy VARs Author(s): Mario Forni, Luca Gambetti Published August 2014
DP10114	Taxes in Cities Author(s): Marius Brülhart, Sam Bucovetsky, Kurt Schmidheiny Published August 2014
DP10113	Roads and Innovation Author(s): Ajay Agrawal, Alberto Galasso, Alexander Oettl Published August 2014
DP10112	Pre-Auction Inventory and Bidding Behavior?An Analysis of Canadian Treasury Auctions Author(s): Kristian Rydqvist, Mark Wu Published August 2014
DP10111	Testing Equilibrium Multiplicity in Dynamic Games Author(s): Taisuke Otsu, Martin Pesendorfer, Yuya Takahashi Published August 2014
DP10110	Optimal Ownership of Public Goods Reconsidered Author(s): Patrick W. Schmitz Published August 2014
DP10109	Predicting Winners in Civil Wars Author(s): Stephen H Haber, Kris James Mitchener, Kim Oosterlinck, Marc Weidenmier Published August 2014
DP10108	Real Effects of the Sovereign Debt Crisis in Europe: Evidence from Syndicated Loans Author(s): Viral V. Acharya, Tim Eisert, Christian Eufinger, Christian Hirsch Published August 2014
DP10107	How far away is a Single European Labor Market? Author(s): Annabelle Krause, Ulf Rinne, Klaus F Zimmermann Published August 2014
DP10106	Optimal Leniency Programs when Firms Have Cumulative and Asymmetric Evidence Author(s): Marc Blatter, Winand Emons, Silvio Sticher Published August 2014
DP10105	Loss Aversion and the Asymmetric Transmission of Monetary Policy Author(s): Edoardo Gaffeo, Ivan Petrella, Damjan Pfajfar, Emiliano Santoro Published August 2014
DP10104	Bond Return Predictability: Economic Value and Links to the Macroeconomy Author(s): Antonio Gargano, Davide Pettenuzzo, Allan Timmermann Published August 2014
DP10103	Self-Selection into Credit Markets: Evidence from Agriculture in Mali Author(s): Lori A Beaman, Dean S. Karlan, Bram Thuysbaert, Christopher Udry Published August 2014
DP10102	English as a global language Author(s): Jacques Melitz Published August 2014
DP10101	Foreign Language Learning: An Econometric Analysis Author(s): Victor Ginsburgh, Jacques Melitz, Farid Toubal Published August 2014
DP10100	Regulatory Capture by Sophistication Author(s): Hendrik Hakenes, Isabel Schnabel Published August 2014
DP10099	Regional Centrality and Tax Competition for FDI Author(s): Julia Darby, Ben Ferrett, Ian Wooton Published August 2014
DP10098	?Phantom of the Opera? or ?Sex and the City?? Historical Amenities as Sources of Exogenous Variation Author(s): Thomas Bauer, Philipp Breidenbach, Christoph M Schmidt Published August 2014
DP10097	The Economics of Density: Evidence from the Berlin Wall Author(s): Gabriel Ahlfeldt, Stephen J. Redding, Daniel M Sturm, Nikolaus Wolf Published August 2014
DP10096	Shopping around? How households adjusted food spending over the Great Recession Author(s): Rachel Griffith, Martin O'Connell, Kate Smith Published August 2014
DP10095	Staggered Contracts, Market Power, and Welfare Author(s): Luís M B Cabral Published August 2014
DP10094	Media Power Author(s): Andrea Prat Published August 2014
DP10093	Distressed Acquisitions Author(s): Jean-Marie A. Meier, Henri Servaes Published August 2014
DP10092	The Two Greatest. Great Recession vs. Great Moderation Author(s): Maria Dolores Gadea Rivas, Ana Gómez Loscos, Gabriel Pérez-Quirós Published August 2014
DP10091	Family Structure and the Education Gender Gap: Evidence from Italian Provinces Author(s): Graziella Bertocchi, Monica Bozzano Published August 2014
DP10089	This mine is mine! How minerals fuel conflicts in Africa Author(s): Nicolas Berman, Mathieu Couttenier, Dominic Rohner, Mathias Thoenig Published August 2014
DP10088	Labor policies and capital mobility in theory and in EMU Author(s): Giuseppe Bertola Published August 2014
DP10087	A model of the confidence channel of fiscal policy Author(s): Bernardo Guimarães, Caio Machado, Marcel Ribeiro Published August 2014
DP10086	Democratic Redistribution and Rule of the Majority Author(s): Giacomo Corneo, Frank Neher Published July 2014
DP10085	Politically Sustainable Probabilistic Minority Targeting Author(s): Philippe De Donder, Eugenio Peluso Published July 2014
DP10084	Publish or Perish? Incentives and Careers in Italian Academia Author(s): Daniele Checchi, Gianni De Fraja, Stefano Verzillo Published July 2014
DP10083	The Transmission Mechanism in Good and Bad Times Author(s): Haroon Mumtaz, Paolo Surico Published July 2014
DP10082	Weapons of Choice Author(s): Axel Dreher, Merle Kreibaum Published July 2014
DP10081	Round-Robin Versus Elimination in Tournaments with a Dominant Player Author(s): Alex Krumer, Reut Megidish, Aner Sela Published July 2014
DP10080	Optimal Regulation in the Presence of Reputation Concerns Author(s): Andrew Atkeson, Christian Hellwig, Guillermo Ordoñez Published July 2014
DP10079	Rainfall Risk and Religious Membership in the Late Nineteenth-Century United States Author(s): Philipp Ager, Antonio Ciccone Published July 2014
DP10078	Inflating Away the Public Debt? An Empirical Assessment Author(s): Jens Hilscher, Alon Raviv, Ricardo Reis Published July 2014
DP10077	Former Foreign Affiliates: Cast Out and Outperformed? Author(s): Beata Javorcik, Steven Poelhekke Published July 2014
DP10076	Grain Price Spikes and Beggar-thy-neighbor Policy Responses: A Global Economywide Analysis Author(s): Kym Anderson, Hans G. Jensen Published July 2014
DP10075	Are there Gains from Pooling Real-Time Oil Price Forecasts? Author(s): Christiane Baumeister, Lutz Kilian, Thomas K Lee Published July 2014
DP10074	Guest Workers in the Underground Economy Author(s): Slobodan Djajic, Alice Mesnard Published July 2014
DP10073	Growth, Import Dependence and War Author(s): Roberto Bonfatti, Kevin Hjortshøj O'Rourke Published July 2014
DP10072	Wealth and Inheritance in the Long Run Author(s): Thomas Piketty, Gabriel Zucman Published July 2014
DP10071	Heterogeneity and Government Revenues: Higher Taxes at the Top? Author(s): Nezih Guner, Martin Lopez-Daneri, Gustavo Ventura Published July 2014
DP10070	The Effects of Monetary Policy on Stock Market Bubbles: Some Evidence Author(s): Jordi Galí, Luca Gambetti Published July 2014
DP10069	A Surplus of Ambition: Can Europe Rely on Large Primary Surpluses to Solve its Debt Problem? Author(s): Barry Eichengreen, Ugo Panizza Published July 2014
DP10068	Measuring Top Incomes and lnequality in the Middle East: Data Limitations and Illustration with the Case of Egypt Author(s): Facundo Alvaredo, Thomas Piketty Published July 2014
DP10067	The Precautionary Saving Effect of Government Consumption Author(s): Valerio Ercolani, Nicola Pavoni Published July 2014
DP10066	Employee Satisfaction, Labor Market Flexibility, and Stock Returns Around The World Author(s): Alex Edmans, Lucius Li, Chendi Zhang Published July 2014
DP10065	A Critical Evaluation of Bail-in as a Bank Recapitalisation Mechanism Author(s): Emilios Avgouleas, Charles A Goodhart Published July 2014
DP10064	Shortfall Aversion Author(s): Paolo Guasoni, Gur Huberman, Dan Ren Published July 2014
DP10063	The Incidence of Transaction Taxes: Evidence from a Stamp Duty Holiday Author(s): Timothy J. Besley, Neil Meads, Paolo Surico Published July 2014
DP10062	Bayesian Networks and Boundedly Rational Expectations Author(s): Ran Spiegler Published July 2014
DP10061	Trust and the Welfare State: the Twin Peaks Curve Author(s): Yann Algan, Pierre Cahuc, Marc Sangnier Published July 2014
DP10060	Forward and Spot Exchange Rates in a Multi-currency World Author(s): Tarek Alexander Hassan, Rui C. Mano Published July 2014
DP10059	Developing Countries Exports Survival in the OECD: Does Experience Matter? Author(s): Céline Carrère, Vanessa Strauss-Kahn Published July 2014
DP10058	External Liabilities and Crises Author(s): Luís A. V. Catão, Gian Maria Milesi-Ferretti Published July 2014
DP10057	Knowledge Spillovers, ICT and Productivity Growth Author(s): Carol Corrado, Jonathan Haskel, Cecilia Jona-Lasinio Published July 2014
DP10056	Managing Intrinsic Motivation in a Long-Run Relationship Author(s): Kfir Eliaz, Ran Spiegler Published July 2014
DP10055	Workplace health promotion and labour market performance of employees Author(s): Martin Huber, Michael Lechner, Conny Wunsch Published July 2014
DP10054	The Effect of Competition on Managers? Compensation: Evidence From a Quasi-natural Experiment Author(s): Ana Fernandes, Priscila Ferreira, L. Alan Winters Published July 2014
DP10053	Quality Pricing-to-Market Author(s): Raphael Auer, Thomas Chaney, Philip Sauré Published July 2014
DP10052	Endogenous Contractual Externalities Author(s): Emre Ozdenoren, Kathy Yuan Published July 2014
DP10051	Relational Warm Glow and Giving in Social Groups Author(s): Kimberley Scharf, Sarah Smith Published June 2014
DP10050	When Arm?s Length Is Too Far. Relationship Banking over the Business Cycle Author(s): Thorsten Beck, Ralph de Haas, Hans Degryse, Neeltje Van Horen Published June 2014
DP10049	Fertility Decline and Missing Women Author(s): Seema Jayachandran Published June 2014
DP10048	Anchoring or Loss Aversion? Empirical Evidence from Art Auctions Author(s): Kathryn Graddy, Lara Loewenstein, Jianping Mei, Mike Moses, Rachel A J Pownall Published June 2014
DP10047	Free to Leave? A Welfare Analysis of Divorce Regimes Author(s): Raquel Fernández, Joyce Cheng Wong Published June 2014
DP10046	The Impact of Regional and Sectoral Productivity Changes on the U.S. Economy Author(s): Lorenzo Caliendo, Fernando Parro, Esteban Rossi-Hansberg, Pierre-Daniel Sarte Published June 2014
DP10045	Substitution between Fixed-line and Mobile Access: the Role of Complementarities Author(s): Lukasz Grzybowski, Frank Verboven Published June 2014
DP10044	Banks, Government Bonds, and Default: What do the Data Say? Author(s): Nicola Gennaioli, Alberto Martín, Stefano Rossi Published June 2014
DP10043	Electoral politics and regional development: assessing the geographical allocation of public investment in Turkey Author(s): Davide Luca, Andrés Rodríguez-Pose Published June 2014
DP10042	Gender Peer Effects in School, a Birth Cohort Approach Author(s): Antonio Ciccone, Walter Garcia-Fontes Published June 2014
DP10041	The Ins and Arounds in the U.S. Housing Market Author(s): Rüdiger Bachmann, Daniel Cooper Published June 2014
DP10040	The Role of Oil Price Shocks in Causing U.S. Recessions Author(s): Lutz Kilian, Robert J. Vigfusson Published June 2014
DP10039	Incompatible European Partners? Cultural Predispositions and Household Financial Behavior Author(s): Michael Haliassos, Thomas Jansson, Yigitcan Karabulut Published June 2014
DP10038	Transportation Costs and the Spatial Organization of Economic Activity Author(s): Stephen J. Redding, Matthew A Turner Published June 2014
DP10037	Enrollment and degree completion in higher education without admission standards Author(s): Koen Declercq, Frank Verboven Published June 2014
DP10036	Competitive Screening under Heterogeneous Information Author(s): Daniel F Garrett, Renato Gomes, Lucas Maestri Published June 2014
DP10035	Managerial Attention and Worker Engagement Author(s): Marina Halac, Andrea Prat Published June 2014
DP10034	Factor Analysis with Large Panels of Volatility Proxies Author(s): Eric Ghysels Published June 2014
DP10033	The Euro Area Crisis: Politics over Economics Author(s): Athanasios Orphanides Published June 2014
DP10032	Migration, Friendship Ties, and Cultural Assimilation Author(s): Giovanni Facchini, Eleonora Patacchini, Max Steinhardt Published June 2014
DP10031	Local and Consistent Centrality Measures in Networks Author(s): Vianney Dequiedt, Yves Zenou Published June 2014
DP10030	Urban Spatial Structure, Employment and Social Ties Author(s): Pierre M Picard, Yves Zenou Published June 2014
DP10029	Parenting with Style: Altruism and Paternalism in Intergenerational Preference Transmission Author(s): Matthias Doepke, Fabrizio Zilibotti Published June 2014
DP10028	A DSGE Model of China Author(s): Li Dai, Patrick Minford, Peng Zhou Published June 2014
DP10027	Dynamic Entry in Vertically Differentiated Markets Author(s): Raphael Auer, Philip Sauré Published June 2014
DP10026	External Integration, Structural Transformation and Economic Development: Evidence from Argentina 1870-1914 Author(s): Pablo Fajgelbaum, Stephen J. Redding Published June 2014
DP10025	The Financial and Macroeconomic Effects of OMT Announcements Author(s): Carlo Altavilla, Domenico Giannone, Michele Lenza Published June 2014
DP10024	Culture: Persistence and Evolution Author(s): Francesco Giavazzi, Ivan Petkov, Fabio Schiantarelli Published June 2014
DP10023	Has the Euro-Mediterranean partnership affected Mediterranean business cycles? Author(s): Fabio Canova, Alan Schlaepfer Published June 2014
DP10022	Estimating overidentified, non-recursive, time varying coefficients structural VARs Author(s): Fabio Canova, Fernando J. Pérez Forero Published June 2014
DP10021	Bargaining with Informational Externalities in a Market Equilibrium Author(s): Mikhail Drugov Published June 2014
DP10020	Information Aggregation in a DSGE Model Author(s): Tarek Alexander Hassan, Thomas M. Mertens Published June 2014
DP10019	Capital Controls and Recovery from the Financial Crisis of the 1930s Author(s): Kris James Mitchener, Kirsten Wandschneider Published June 2014
DP10018	Forty Years, Thirty Currencies and 21,000 Trading Rules: A Large-scale, Data-Snooping Robust Analysis of Technical Trading in the Foreign Exchange Market Author(s): Po-Hsuan Hsu, Mark Taylor Published June 2014
DP10017	Banks Are Where The Liquidity Is Author(s): Oliver Hart, Luigi Zingales Published June 2014
DP10016	Common Macro Factors and Currency Premia Author(s): Ilias Filippou, Mark Taylor Published June 2014
DP10015	The Global Financial Crisis?What Drove The Build-Up? Author(s): Ouarda Merrouche, Erlend Nier Published June 2014
DP10014	Toward a theory of monopolistic competition Author(s): Mathieu Parenti, Jacques-François Thisse, Philip Ushchev Published June 2014
DP10013	The new empirical economics of management Author(s): Nicholas Bloom, Renata Lemos, Raffaella Sadun, Daniela Scur, John Van Reenen Published June 2014
DP10012	Corporate Saving in Global Rebalancing Author(s): Philippe Bacchetta, Kenza Benhima Published June 2014
DP10011	The Illusion of School Choice: Empirical Evidence from Barcelona Author(s): Caterina Calsamiglia, Maia Güell Published June 2014
DP10010	The Phillips Curve in Ireland: 1935 - 2012 Author(s): Stefan Gerlach, Reamonn Lydon, Rebecca Stuart Published June 2014
DP10009	Industry structure and pricing over the business cycle Author(s): Yossi Spiegel, Konrad O Stahl Published June 2014
DP10008	Public Opinion on Immigration: Has the Recession Changed Minds? Author(s): Timothy J. Hatton Published June 2014
DP10007	The Social Cost of Near-Rational Investment Author(s): Tarek Alexander Hassan, Thomas M. Mertens Published June 2014
DP10006	Volatile Top Income Shares in Switzerland? Reassessing the Evolution Between 1981 and 2009 Author(s): Reto Foellmi, Isabel Z. Martínez Published June 2014
DP10005	An African Growth Miracle? Author(s): Dani Rodrik Published June 2014
DP10004	Curriculum and Ideology Author(s): Davide Cantoni, Yuyu Chen, David Y. Yang, Noam Yuchtman, Y. Jane Zhang Published June 2014
DP10003	Coworkers, Networks, and Job Search Outcomes Author(s): Perihan Saygin, Andrea Weber, Michèle A. Weynandt Published June 2014
DP10002	The Effect of Shocks to Labour Market Flows on Unemployment and Participation Rates Author(s): Robert Dixon, Guay C. Lim, Jan C. van Ours Published June 2014
DP10001	The Effectiveness of Non-Standard Monetary Policy Measures: Evidence from Survey Data Author(s): Carlo Altavilla, Domenico Giannone Published June 2014
DP9999	To Charge or Not to Charge: Evidence from a Health Products Experiment in Uganda Author(s): Greg Fischer, Dean S. Karlan, Margaret McConnell, Pia Raffler Published June 2014
DP9998	The Simple Analytics of Helicopter Money:Why It Works ? Always Author(s): Willem H. Buiter Published June 2014
DP9997	Under the Thumb of History? Political Institutions and the Scope for Action Author(s): Abhijit Banerjee, Esther Duflo Published June 2014
DP9996	Auction House Guarantees for Works of Art Author(s): Kathryn Graddy, Jonathan Hamilton Published May 2014
DP9995	Conventional and Unconventional Monetary Policy with Endogenous Collateral Constraints Author(s): Aloisio Araujo, Susan Schommer, Michael Woodford Published May 2014
DP9994	Transparency and Deliberation within the FOMC: a Computational Linguistics Approach Author(s): Stephen Hansen, Michael McMahon, Andrea Prat Published May 2014
DP9993	What Happened in Cyprus? Author(s): Alexander Michaelides Published May 2014
DP9992	Fiscal Policy in an Unemployment Crisis Author(s): Pontus Rendahl Published May 2014
DP9991	Impoverished, but Numerate? Early Numeracy in East Asia (1550?1800) and its Impact on 20th and 21st Century Economic Growth Author(s): Jörg Baten, Kitae Sohn Published May 2014
DP9990	Merchanting and Current Account Balances Author(s): Elisabeth Beusch, Barbara Döbeli, Andreas M Fischer, Pinar Yesin Published May 2014
DP9989	Credit Spreads and Credit Policies Author(s): Isabel Correia, Fiorella De Fiore, Pedro Teles, Oreste Tristani Published May 2014
DP9988	Stock Price Booms and Expected Capital Gains Author(s): Klaus Adam, Johannes Beutel, Albert Marcet Published May 2014
DP9987	Price Level Changes and the Redistribution of Nominal Wealth Across the Euro Area Author(s): Klaus Adam, Junyi Zhu Published May 2014
DP9986	Local quality of government and migration. Evidence for European regions Author(s): Tobias Ketterer, Andrés Rodríguez-Pose Published May 2014
DP9985	Export Destinations and Input Prices Author(s): Paulo Bastos, Joana Silva, Eric A Verhoogen Published May 2014
DP9984	Estimating the impact of microcredit on those who take it up: Evidence from a randomized experiment in Morocco Author(s): Bruno Crépon, Florencia Devoto, Esther Duflo, William Parienté Published May 2014
DP9983	Highway To Hitler Author(s): Nico Voigtländer, Hans-Joachim Voth Published May 2014
DP9982	Climate Tipping and Economic Growth: Precautionary Saving and the Social Cost of Carbon Author(s): Aart J. de Zeeuw, Frederick van der Ploeg Published May 2014
DP9981	Heterogeneity, Selection and Labor Market Disparities Author(s): Alessandra Bonfiglioli, Gino Gancia Published May 2014
DP9980	Network Dynamics and Knowledge Transfer in Virtual Organizations: Overcoming the Liability of Dispersion Author(s): Neil Gandal, Uriel Stettner Published July 2014
DP9979	Financial Education and Access to Savings Accounts: Complements or Substitutes? Evidence from Ugandan Youth Clubs Author(s): Julian C. Jamison, Dean S. Karlan, Jonathan Zinman Published May 2014
DP9978	No-Bubble Condition: Model-Free Tests in Housing Markets Author(s): Stefano W Giglio, Matteo Maggiori, Johannes Ströbel Published May 2014
DP9977	Demand expectations and the timing of stimulus policies Author(s): Bernardo Guimarães, Caio Machado Published May 2014
DP9976	Saving the Euro: self-fulfilling crisis and the ?Draghi Put? Author(s): Marcus Miller, Lei Zhang Published May 2014
DP9975	Macro coordination: Forward Guidance as ?cheap talk?? Author(s): Marcus Miller, Lei Zhang Published May 2014
DP9974	Macroeconomics after the crisis ? hedgehog or fox? Author(s): Marcus Miller, Lei Zhang Published May 2014
DP9973	The Domestic and International Effects of Interstate U.S. Banking Author(s): Matteo Cacciatore, Fabio Ghironi, Viktors Stebunovs Published May 2014
DP9972	Gender and the Labor Market: What Have We Learned from Field and Lab Experiments? Author(s): Ghazala Y. Azmat, Barbara Petrongolo Published May 2014
DP9971	Monetary Policy and Real Borrowing Costs at the Zero Lower Bound Author(s): Simon Gilchrist, J David López-Salido, Egon Zakrajsek Published May 2014
DP9970	Gender Gaps and the Rise of the Service Economy Author(s): Liwa Rachel Ngai, Barbara Petrongolo Published May 2014
DP9969	Tax Competition with Heterogeneous Firms Author(s): Richard Baldwin, Toshihiro Okubo Published May 2014
DP9968	Economic Growth and Political Integration: Estimating the Benefits from Membership in the European Union Using the Synthetic Counterfactuals Method Author(s): Nauro F. Campos, Fabrizio Coricelli, Luigi Moretti Published May 2014
DP9967	Regions are not countries: a new approach to the border effect Author(s): David Comerford, José Vicente Rodríguez Mora Published May 2014
DP9966	Reconciling Hayek's and Keynes' views of recessions Author(s): Paul Beaudry, Dana Galizia, Franck Portier Published May 2014
DP9965	Modelling Long Bonds - The Case of Optimal Fiscal Policy Author(s): Elisa Faraglia, Albert Marcet, Andrew Scott Published May 2014
DP9964	A Theory of Price Adjustment under Loss Aversion Author(s): Steffen Ahrens, Inske Pirschel, Dennis J. Snower Published May 2014
DP9963	When warm glow burns: Motivational (mis)allocation in the non-profit sector Author(s): Gani Aldashev, Esteban Jaimovich, Thierry Verdier Published May 2014
DP9962	Money Demand in Ireland, 1933-2012 Author(s): Stefan Gerlach, Rebecca Stuart Published May 2014
DP9961	Money, Interest Rates and Prices in Ireland, 1933-2012 Author(s): Stefan Gerlach, Rebecca Stuart Published May 2014
DP9960	Good Monitoring, Bad Monitoring Author(s): Yaniv Grinstein, Stefano Rossi Published May 2014
DP9959	Health, Height and the Household at the Turn of the 20th Century Author(s): Roy E Bailey, Timothy J. Hatton, Kris Inwood Published May 2014
DP9958	Man or machine? Rational trading without information about fundamentals Author(s): Stefano Rossi, Katrin Tinn Published May 2014
DP9957	International Capital Flows and the Boom-Bust Cycle in Spain Author(s): Jan In 'T Veld, Robert Kollmann, Beatrice Pataracchia, Marco Ratto, Werner Roeger Published May 2014
DP9956	The Ratchet Effect Re-examined: A Learning Perspective Author(s): Venkataraman Bhaskar Published May 2014
DP9955	Constrained Discretion and Central Bank Transparency Author(s): Francesco Bianchi, Leonardo Melosi Published April 2014
DP9954	The Wealthy Hand-to-Mouth Author(s): Greg Kaplan, Giovanni L. Violante, Justin Weidner Published April 2014
DP9953	The Price of Prejudice Author(s): Morten Hedegaard, Jean-Robert Tyran Published April 2014
DP9952	The Impact of Trade Liberalization on Industrial Productivity Author(s): Paul Segerstrom, Yoichi Sugita Published April 2014
DP9951	In Search of the Armington Elasticity Author(s): Robert Feenstra, Philip Luck, Maurice Obstfeld, Katheryn N. Russ Published April 2014
DP9950	Tackling Social Exclusion: Evidence from Chile Author(s): Pedro Carneiro, Emanuela Galasso, Rita Ginja Published May 2014
DP9949	Trade linkages and the globalisation of inflation in Asia and the Pacific Author(s): Raphael Auer, Aaron Mehrotra Published April 2014
DP9948	Chronicle of a War Foretold: The Macroeconomic Effects of Anticipated Defense Spending Shocks Author(s): Nadav Ben Zeev, Evi Pappa Published April 2014
DP9947	Trade Liberalisation and Poverty: What have we learned in a decade? Author(s): Antonio Martuscelli, L. Alan Winters Published April 2014
DP9946	Buying First or Selling First in Housing Markets Author(s): Espen R Moen, Plamen T. Nenov Published April 2014
DP9945	Roadblocks on the Road to Grandma's House: Fertility Consequences of Delayed Retirement Author(s): Erich Battistin, Michele De Nadai, Mario Padula Published April 2014
DP9944	Cannabis Use and Support for Cannabis Legalization Author(s): Ali Palali, Jan C. van Ours Published April 2014
DP9943	Internal versus External Growth in Industries with Scale Economies: A Computational Model of Optimal Merger Policy Author(s): Ben Mermelstein, Volker Nocke, Mark Satterthwaite, Michael Whinston Published April 2014
DP9942	The Effects of Banning Advertising on Demand, Supply and Welfare: Structural Estimation on a Junk Food Market Author(s): Pierre Dubois, Rachel Griffith, Martin O'Connell Published April 2014
DP9941	The effect of effectiveness: Donor response to aid effectiveness in a direct mail fundraising experiment Author(s): Dean S. Karlan, Daniel H. Wood Published April 2014
DP9940	Health and Education: Another Look with the Proper Data Author(s): Daniel Cohen, Laura Leker Published April 2014
DP9939	Privatization and Quality: Evidence from Elderly Care in Sweden Author(s): Mats Bergman, Per Johansson, Sofia Lundberg, Giancarlo Spagnolo Published April 2014
DP9938	Do Real Exchange Rate Appreciations Matter for Growth? Author(s): Matthieu Bussière, Claude Lopez, Cédric Tille Published April 2014
DP9937	The Euro and the Geography of International Debt Flows Author(s): Galina B Hale, Maurice Obstfeld Published April 2014
DP9936	Optimal Capital Controls and Real Exchange Rate Policies: A Pecuniary Externality Perspective Author(s): Gianluca Benigno, Huigang Chen, Christopher Otrok, Alessandro Rebucci, Eric R Young Published April 2014
DP9935	Aggregate Fertility and Household Savings: A General Equilibrium Analysis using Micro Data Author(s): Abhijit Banerjee, Xin Meng, Tommaso Porzio, Nancy Qian Published April 2014
DP9934	Does Relationship Lending Require Opaque (and Conservative) Financial Reporting? Author(s): Jochen Bigus, Hendrik Hakenes Published April 2014
DP9933	What drives the German current account? And how does it affect other EU member states? Author(s): Jan In 'T Veld, Robert Kollmann, Marco Ratto, Werner Roeger, Lukas Vogel Published April 2014
DP9932	Cannabis Use and Its Effects on Health, Education and Labor Market Success Author(s): Jan C. van Ours, Jenny Williams Published April 2014
DP9931	Conditional forecasts and scenario analysis with vector autoregressions for large cross-sections Author(s): Marta Banbura, Domenico Giannone, Michele Lenza Published April 2014
DP9930	Moral Hazard and Debt Maturity Author(s): Gur Huberman, Rafael Repullo Published April 2014
DP9929	Delegation and Dynamic Incentives Author(s): Dongsoo Shin, Roland Strausz Published April 2014
DP9928	Consumer Standards as a Strategic Device to Mitigate Ratchet Effects in Dynamic Regulation Author(s): Raffaele Fiocco, Roland Strausz Published April 2014
DP9927	Ex post information rents in sequential screening Author(s): Daniel Krähmer, Roland Strausz Published April 2014
DP9926	The Dynamics of Investment, Payout and Debt Author(s): Bart Lambrecht, Stewart C Myers Published April 2014
DP9925	Toxic Arbitrage Author(s): Thierry Foucault, Roman Kozhan, Wing Wah Tham Published April 2014
DP9924	Audit rates and compliance: A field experiment in long-term care Author(s): Maarten Lindeboom, Bas van der Klaauw, Sandra Vriend Published April 2014
DP9923	Preserving "Debt Capacity" or "Equity Capacity": A Dynamic Theory of Security Design under Asymmetric Information Author(s): Roman Inderst, Vladimir Vladimirov Published April 2014
DP9922	Financial Advice and Stock Market Participation Author(s): Dimitris Georgarakos, Roman Inderst Published April 2014
DP9921	Abandoning Fossil Fuel: How Fast And How Much? Author(s): Armon Rezai, Frederick van der Ploeg Published March 2014
DP9920	Leverage and Beliefs: Personal Experience and Risk Taking in Margin Lending Author(s): Peter Koudijs, Hans-Joachim Voth Published March 2014
DP9919	A Global View of Cross-Border Migration Author(s): Julian di Giovanni, Andrei A. Levchenko, Francesc Ortega Published March 2014
DP9918	Economic Freedom in the Long Run: Evidence from OECD Countries (1850-2007 Author(s): Leandro Prados de la Escosura Published March 2014
DP9917	Feedback Effects and the Limits to Arbitrage Author(s): Alex Edmans, Itay Goldstein, Wei Jiang Published March 2014
DP9916	Trade in Unemployment Author(s): Céline Carrère, Marco Fugazza, Marcelo Olarreaga, Frédéric Robert-Nicoud Published March 2014
DP9915	Optimal Price-Setting in Pay for Performance Schemes in Health Care Author(s): Søren Rud Kristensen, Luigi Siciliani, Matt Sutton Published March 2014
DP9914	Crime and the Depenalization of Cannabis Possession: Evidence from a Policing Experiment Author(s): Jérôme Adda, Brendon McConnell, Imran Rasul Published March 2014
DP9913	Does grief transfer across generations? In-utero deaths and child outcomes Author(s): Sandra Black, Paul J. Devereux, Kjell G Salvanes Published March 2014
DP9912	Precautionary price stickiness Author(s): James Costain, Anton Nakov Published March 2014
DP9911	The Importance of Family Background and Neighborhood Effects as Determinants of Crime Author(s): Karin Hederos Eriksson, Randi Hjalmarsson, Matthew Lindquist, Anna Sandberg Published March 2014
DP9910	The Politics of Compromise Author(s): Alessandro Bonatti, Heikki Rantakari Published March 2014
DP9909	Political Competition and the Limits of Political Compromise Author(s): Alexandre B. Cunha, Emanuel Ornelas Published March 2014
DP9908	All-pay auctions with certain and uncertain prizes Author(s): Yizhaq Minchuk, Aner Sela Published March 2014
DP9907	Getting Better or Feeling Better? How Equity Investors Respond to Investment Experience Author(s): John Y Campbell, Tarun Ramadorai, Benjamin Ranish Published March 2014
DP9906	Runs on Money Market Funds Author(s): Lawrence Schmidt, Allan Timmermann, Russ Wermers Published March 2014
DP9905	The Economics of Margin Squeeze Author(s): Bruno Jullien, Patrick Rey, Claudia Saavedra Published March 2014
DP9904	Geopolitics, Aid and Growth Author(s): Axel Dreher, Vera Eichenauer, Kai Gehring Published March 2014
DP9903	The Wages of Women in England, 1260-1850 Author(s): Jane Humphries, Jacob Weisdorf Published March 2014
DP9902	Managing Credit Bubbles Author(s): Alberto Martín, Jaume Ventura Published March 2014
DP9901	Technological Progress and Economic Geography Author(s): Takatoshi Tabuchi, Jacques-François Thisse, Xiwei Zhu Published March 2014
DP9900	Trade Imbalances, Export Structure and Wage Inequality Author(s): Rosario Crinò, Paolo Epifani Published March 2014
DP9899	The Skill Bias of the US Trade Deficit Author(s): Rosario Crinò, Paolo Epifani Published March 2014
DP9898	Nonlinearities in Sovereign Risk Pricing: The Role of CDS Index Contracts Author(s): Anne-Laure Delatte, Julien Fouquau, Richard Portes Published March 2014
DP9897	Asset Prices in a Lifecycle Economy Author(s): Roger E A Farmer Published March 2014
DP9896	Pricing Internet Traffic: Exclusion, Signalling and Screening Author(s): Bruno Jullien, Wilfried Sand-Zantman Published March 2014
DP9895	External shocks, internal shots: the geography of civil conflicts Author(s): Nicolas Berman, Mathieu Couttenier Published March 2014
DP9894	Surprise, Surprise - Measuring Firm-level Investment Innovations Author(s): Rüdiger Bachmann, Steffen Elstner, Atanas Hristov Published March 2014
DP9893	Lehman Brothers: What Did Markets Know? Author(s): Thomas Gehrig, Marlene Haas Published March 2014
DP9892	Joint Confidence Sets for Structural Impulse Responses Author(s): Atsushi Inoue, Lutz Kilian Published March 2014
DP9891	Social Capital, Government Expenditures, and Growth Author(s): Giacomo AM Ponzetto, Ugo Troiano Published March 2014
DP9890	Finance and the Preservation of Wealth Author(s): Nicola Gennaioli, Andrei Shleifer, Robert Vishny Published March 2014
DP9889	Key Players in Co-Offending Networks Author(s): Matthew Lindquist, Yves Zenou Published March 2014
DP9888	Trade and Uncertainty Author(s): Dennis Novy, Alan M. Taylor Published March 2014
DP9887	Income-Induced Expenditure Switching Author(s): Rudolfs Bems, Julian di Giovanni Published March 2014
DP9886	IT and Management in America Author(s): Nicholas Bloom, Erik Brynjolfsson, Lucia Foster, Ron Jarmin, Megha Patnaik, Itay Saporta-Eksten, John Van Reenen Published March 2014
DP9885	Liquidity Risk and the Dynamics of Arbitrage Capital Author(s): Péter Kondor, Dimitri Vayanos Published March 2014
DP9884	Education Promoted Secularization Author(s): Sascha O. Becker, Markus Nagler, Ludger Woessmann Published March 2014
DP9883	The Link Between Fundamentals and Proximate Factors in Development Author(s): Wolfgang Keller, Carol Hua Shiue Published March 2014
DP9882	Financial Literacy and Savings Account Returns Author(s): Florian Deuflhard, Dimitris Georgarakos, Roman Inderst Published March 2014
DP9881	Identifying Industry Margins with Unobserved Price Constraints: Structural Estimation on Pharmaceuticals Author(s): Pierre Dubois, Laura Lasio Published March 2014
DP9880	How effective are social norm interventions? Evidence from a laboratory experiment on managerial honesty Author(s): Rajna Gibson, Carmen Tanner, Alexander F Wagner Published March 2014
DP9879	Sizing Up the Impact of Embassies on Exports Author(s): Shon Ferguson, Rikard Forslid Published March 2014
DP9878	The growing dependence of Britain on trade during the Industrial Revolution Author(s): Gregory Clark, Kevin Hjortshøj O'Rourke, Alan M. Taylor Published March 2014
DP9877	Regulating Deferred Incentive Pay Author(s): Florian Hoffmann, Roman Inderst, Marcus M. Opp Published March 2014
DP9876	The Argentina Paradox: Microexplanations and Macropuzzles Author(s): Alan M. Taylor Published March 2014
DP9875	Macroprudential Policies in a Global Perspective Author(s): Olivier Jeanne Published March 2014
DP9874	Incomplete Contracting, Renegotiation, and Expectation-Based Loss Aversion Author(s): Fabian Herweg, Heiko Karle, Daniel Muller Published March 2014
DP9873	Optimal Allocations in Round-Robin Tournaments Author(s): Alex Krumer, Reut Megidish, Aner Sela Published March 2014
DP9872	R&D Networks: Theory, Empirics and Policy Implications Author(s): Michael König, Xiaodong Liu, Yves Zenou Published March 2014
DP9871	Optimal Prudential Regulation of Banks and the Political Economy of Supervision Author(s): Thierry Tressel, Thierry Verdier Published March 2014
DP9870	A theory of trade in a global production network Author(s): Maarten Bosker, Bastian Westbrock Published March 2014
DP9869	Barriers to Trade in Environmental Goods and Environmental Services: How Important Are They? How Much Progress at Reducing Them? Author(s): Jaime de Melo, Mariana Vijil Published March 2014
DP9868	Awareness Reduces Racial Bias Author(s): Devin G. Pope, Joseph Price, Justin Wolfers Published March 2014
DP9867	Preventing Economists' Capture Author(s): Luigi Zingales Published March 2014
DP9866	Optimal Tax Progressivity: An Analytical Framework Author(s): Jonathan Heathcote, Kjetil Storesletten, Giovanni L. Violante Published March 2014
DP9865	Bank Capital and Dividend Externalities Author(s): Viral V. Acharya, Hanh Le, Hyun Song Shin Published March 2014
DP9864	Hidden Insurance in a Moral Hazard Economy Author(s): Giuseppe Bertola, Winfried Koeniger Published March 2014
DP9863	Cross-border mergers and domestic-firm wages: Integrating ?spillover effects? and ?bargaining effects? Author(s): Joseph A. Clougherty, Klaus Peter Gugler, Lars Sørgard, Florian Szücs Published March 2014
DP9862	Tuition fees as a commitment device Author(s): Nadine Ketel, Jona Linde, Hessel Oosterbeek, Bas van der Klaauw Published March 2014
DP9861	The Quiet Revolution and the Family: Gender Composition of Tertiary Education and Early Fertility Patterns Author(s): Alena Bicakova, Stepan Jurajda Published March 2014
DP9860	Feeling the blues. Moral hazard and debt dilution in Eurobonds before 1914 Author(s): Rui Esteves, Ali Coskun Tuncer Published March 2014
DP9859	Misallocation, Property Rights, and Access to Finance: Evidence from Within and Across Africa Author(s): Sebnem Kalemli-Ozcan, Bent E Sørensen Published March 2014
DP9858	Structural FECM: Cointegration in large-scale structural FAVAR models Author(s): Anindya Banerjee, Massimiliano Marcellino, Igor Masten Published March 2014
DP9857	Targeting Nominal GDP or Prices: Guidance and Expectation Dynamics Author(s): Seppo Honkapohja, Kaushik Mitra Published March 2014
DP9856	Policing Cannabis and Drug Related Hospital Admissions: Evidence from Administrative Records Author(s): Elaine Kelly, Imran Rasul Published March 2014
DP9855	Firm Dynamics and Residual Inequality in Open Economies Author(s): Gabriel Felbermayr, Giammario Impullitti, Julien Prat Published March 2014
DP9854	Scale and Skill in Active Management Author(s): Lubos Pástor, Robert F. Stambaugh, Lucian Taylor Published March 2014
DP9853	The Vanishing Procyclicality of Labor Productivity Author(s): Jordi Galí, Thijs van Rens Published March 2014
DP9852	Out-of-Sample Evidence on the Returns to Currency Trading Author(s): Olivier Accominotti, David Chambers Published March 2014
DP9851	Labor market effects of sports and exercise: Evidence from Canadian panel data Author(s): Michael Lechner, Nazmi Sari Published March 2014
DP9850	Productivity Spillovers Through Labor Mobility Author(s): Tom-Reiel Heggedal, Espen R Moen, Edgar Preugschat Published March 2014
DP9849	SSOs: Current Policy Issues and Empirical Evidence Author(s): Neil Gandal, Pierre Régibeau Published March 2014
DP9848	No Arbitrage Priors, Drifting Volatilities, and the Term Structure of Interest Rates Author(s): Andrea Carriero, Todd Clark, Massimiliano Marcellino Published March 2014
DP9847	Market Outcomes and Dynamic Patent Buyouts Author(s): Alberto Galasso, Matthew Mitchell, Gabor Virag Published February 2014
DP9846	Optimal Monetary Policy with State-Dependent Pricing Author(s): Anton Nakov, Carlos Thomas Published February 2014
DP9845	Learning from Experience in the Stock Market Author(s): Anton Nakov, Galo Nuño Published February 2014
DP9844	Exporter Dynamics, Firm Size and Growth, and Partial Year Effects Author(s): Andrew B. Bernard, Renzo Massari, Jose-Daniel Reyes, Daria Taglioni Published February 2014
DP9843	Debt and Incomplete Financial Markets: A Case for Nominal GDP Targeting Author(s): Kevin D. Sheedy Published February 2014
DP9842	International Liquidity and Exchange Rate Dynamics Author(s): Xavier Gabaix, Matteo Maggiori Published February 2014
DP9841	Charitable Giving and Nonbinding Contribution-level Suggestions: Evidence from a Field Experiment Author(s): Maja Adena, Steffen Huck, Imran Rasul Published February 2014
DP9840	Improving Access to Banking: Evidence from Kenya Author(s): Franklin Allen, Elena Carletti, Robert Cull, Jun Qian, Lemma W Senbet, Patricio Valenzuela Published February 2014
DP9839	Together at Last: Trade Costs, Demand Structure, and Welfare Author(s): Monika Mrázová, J Peter Neary Published February 2014
DP9838	Revenue Tariff Reform Author(s): James E Anderson, J Peter Neary Published February 2014
DP9837	Stock investments at work Author(s): Hans K Hvide, Per Östberg Published February 2014
DP9835	Trade Dynamics with Sector-Specific Human Capital Author(s): Adam Guren, David Hémous, Morten Olsen Published February 2014
DP9834	Corporate Scandals and Household Stock Market Participation Author(s): Mariassunta Giannetti, Tracy Yue Wang Published February 2014
DP9833	Team Production in Competitive Labor Markets with Adverse Selection Author(s): Michael Kosfeld, Ferdinand Von Siemens Published February 2014
DP9832	Loose Knots:Strong versus Weak Commitments to Save for Education in Uganda Author(s): Dean S. Karlan, Leigh Linden Published February 2014
DP9831	Market Size, Entrepreneurship, and Income Inequality Author(s): Kristian Behrens, Dmitry Pokrovsky, Evgeny Zhelobodko Published February 2014
DP9830	Thin Capitalization Rules and Multinational Firm Capital Structure Author(s): Jennifer Blouin, Harry Huizinga, Luc Laeven, Gaëtan Nicodème Published February 2014
DP9829	Financial Dependence and Innovation: The Case of Public versus Private Firms Author(s): Viral V. Acharya, Zhaoxia Xu Published February 2014
DP9828	The Market for Keywords Author(s): Kfir Eliaz, Ran Spiegler Published February 2014
DP9827	Net Neutrality with Competing Internet Platforms Author(s): Marc Bourreau, Frago Kourandi, Tommaso Valletti Published February 2014
DP9826	Welfare and Trade Without Pareto Author(s): Keith Head, Thierry Mayer, Mathias Thoenig Published February 2014
DP9825	Marry Your Like: Assortative Mating and Income Inequality Author(s): Jeremy Greenwood, Nezih Guner, Georgi Kocharkov, Cezar Santos Published February 2014
DP9824	Monetary Policy Surprises, Credit Costs and Economic Activity Author(s): Mark Gertler, Peter Karadi Published February 2014
DP9823	Oil Price Shocks: Causes and Consequences Author(s): Lutz Kilian Published February 2014
DP9822	The Price of Political Uncertainty: Theory and Evidence from the Option Market Author(s): Bryan Kelly, Lubos Pástor, Pietro Veronesi Published February 2014
DP9821	Missing Gains from Trade? Author(s): Marc J Melitz, Stephen J. Redding Published February 2014
DP9820	Stabilization policy, rational expectations and price-level versus infl?ation targeting: a survey Author(s): Michael Hatcher, Patrick Minford Published February 2014
DP9819	Coal and the European Industrial Revolution Author(s): Alan Fernihough, Kevin Hjortshøj O'Rourke Published February 2014
DP9818	We're Number 1: Price Wars for Market Share Leadership Author(s): Luís M B Cabral Published February 2014
DP9817	Price Distortions in High-Frequency Markets Author(s): Jakub Steiner, Colin Stewart Published February 2014
DP9816	Diversification of Geographic Risk in Retail Bank Networks: Evidence from Bank Expansion after the Riegle-Neal Act Author(s): Victor Aguirregabiria, Robert Clark, Hui Wang Published February 2014
DP9815	Markov-Switching Mixed-Frequency VAR Models Author(s): Claudia Foroni, Pierre Guérin, Massimiliano Marcellino Published February 2014
DP9814	X-Games Author(s): Kfir Eliaz, Ran Spiegler Published February 2014
DP9813	Market-based Lobbying: Evidence from Advertising Spending in Italy Author(s): Stefano DellaVigna, Ruben Durante, Brian Knight, Eliana La Ferrara Published February 2014
DP9812	The Relevance or Otherwise of the Central Bank's Balance Sheet Author(s): David Miles, Jochen Schanz Published February 2014
DP9811	Microcredit Impacts: Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco Author(s): Manuela Angelucci, Dean S. Karlan, Jonathan Zinman Published February 2014
DP9810	Can competition reduce quality? Author(s): Kurt Richard Brekke, Luigi Siciliani, Odd Rune Straume Published February 2014
DP9809	Heterogenous switching costs Author(s): Gary Biglaiser, Jacques Crémer, Gergely Dobos Published February 2014
DP9808	Speculation in the Oil Market Author(s): Luciana Juvenal, Ivan Petrella Published February 2014
DP9807	When Does FDI Have Positive Spillovers? Evidence from 17 Transition Market Economies Author(s): Yuriy Gorodnichenko, Jan Svejnar, Katherine Terrell Published February 2014
DP9806	Understanding the Gains from Wage Flexibility: The Exchange Rate Connection Author(s): Jordi Galí, Tommaso Monacelli Published February 2014
DP9805	How Urbanization Affect Employment and Social Interactions Author(s): Yasuhiro Sato, Yves Zenou Published February 2014
DP9804	Heterogeneous Peer Effects in Education Author(s): Eleonora Patacchini, Edoardo Rainone, Yves Zenou Published February 2014
DP9803	The Impact of News and the SMP on Realized (Co)Variances in the Eurozone Sovereign Debt Market Author(s): Roel Beetsma, Frank de Jong, Massimo Giuliodori, Daniel Widijanto Published February 2014
DP9802	Never Say Never: Commentary on a Policymaker?s Reflections Author(s): Maurice Obstfeld Published February 2014
DP9801	Mitigating long-run health effects of drought: Evidence from South Africa Author(s): Taryn Dinkelman Published February 2014
DP9800	Testing Macroprudential Stress Tests: The Risk of Regulatory Risk Weights Author(s): Viral V. Acharya, Robert F Engle III, Diane Pierret Published January 2014
DP9799	Per-Capita Income as a Determinant of International Trade and Environmental Policies Author(s): James R. Markusen Published January 2014
DP9798	Capital Controls and Macroprudential Measures: What Are They Good For? Author(s): Kristin Forbes, Marcel Fratzscher, Roland Straub Published January 2014
DP9797	Risk, Insurance and Wages in General Equilibrium Author(s): Ahmed Mushfiq Mobarak, Mark Rosenzweig Published January 2014
DP9796	Inference Based on SVAR Identified with Sign and Zero Restrictions: Theory and Applications Author(s): Jonas E. Arias, Juan Francisco Rubio-Ramírez, Daniel F Waggoner Published January 2014
DP9795	State dependent monetary policy Author(s): Francesco Lippi, Stefania Ragni, Nicholas Trachter Published January 2014
DP9794	Economic Transition and Private-Sector Labor Demand: Evidence from Urban China Author(s): Lakshmi Iyer, Xin Meng, Nancy Qian, Xiaoxue Zhao Published January 2014
DP9793	Foreign Direct Investment and Domestic Entrepreneurship: Blessing or Curse? Author(s): Seçil Hülya Danakol, Saul Estrin, Paul Reynolds, Utz Weitzel Published January 2014
DP9792	Has the U.S. Finance Industry Become Less Efficient? On the Theory and Measurement of Financial Intermediation Author(s): Thomas Philippon Published January 2014
DP9791	On absolute auctions and secret reserve prices Author(s): Philippe Jehiel, Laurent Lamy Published January 2014
DP9790	On discrimination in procurement auctions Author(s): Philippe Jehiel, Laurent Lamy Published January 2014
DP9789	Incentive Pay and Performance: Insider Econometrics in a Multi-Unit Firm Author(s): Hein Bogaard, Jan Svejnar Published January 2014
DP9788	Does Wealth Inequality Matter for Growth? The Effect of Billionaire Wealth, Income Distribution, and Poverty Author(s): Sutirtha Bagchi, Jan Svejnar Published January 2014

Total Papers Listed: 531

List update: 20/10/2021 05:10:30