CEPR - Discussion papers

December 2018

• DP13422 - International Relocation of Production and Growth
  Francisco Alcalá, Marta Solaz
• DP13421 - Production Networks: A Primer
  Vasco M Carvalho, Alireza Tahbaz-Salehi
• DP13420 - Blockchain Economics
  Joseph Abadi, Markus K Brunnermeier
• DP13419 - The Value of Information in Technology Adoption: Theory and Evidence from Bangladesh
  Asadul Islam, Philip Ushchev, Yves Zenou, Xin Zhang
• DP13418 - The Private Use of Credit Ratings: Evidence from Investment Mandates
  Ramin P. Baghai, Bo Becker, Stefan Pitschner
• DP13417 - Does pre-play social interaction improve negotiation outcomes?
  Pablo Brañas-Garza, Antonio Cabrales, Guillermo Mateu, Angel Sánchez, Angela Sutan
• DP13416 - Systemic Risk and the Great Depression
  Sanjiv Das, Kris James Mitchener, Angela Vossmeyer
• DP13415 - Exchange Competition, Entry, and Welfare
  Giovanni Cespa, Xavier Vives
• DP13414 - Term Structure of Risk in Expected Returns
  Irina Zviadadze
• DP13413 - Reshaping Adolescents' Gender Attitudes: Evidence from a School-Based Experiment in India
  Diva Dhar, Tarun Jain, Seema Jayachandran
• DP13412 - Strategic Fertility, Education Choices, and Conflicts in Deeply Divided Societies
  Emeline Bezin, Bastien Chabé-Ferret, David de la Croix
• DP13411 - The first twenty years of the European Central Bank: monetary policy
  Philipp Hartmann, Frank Smets
• DP13410 - The Rise of the Dollar and Fall of the Euro as International Currencies
  Matteo Maggiori, Brent Neiman, Jesse Schreger
• DP13409 - Slow Recoveries and Unemployment Traps: Monetary Policy in a Time of Hysteresis
  Sushant Acharya, Julien Bengui, Keshav Dogra, Shu Lin Wee
• DP13408 - Rent Sharing and Inclusive Growth
  Brian Bell, Pawel Bukowski, Stephen Machin
• DP13407 - Monetary Policy and the Cost of Heterogeneous Wage Rigidity: Evidence from the Stock Market
  Ester Faia, Vincenzo Pezone
• DP13406 - How (Not) to Foster Innovations in Public Infrastructure Projects
  Eva I Hoppe, Patrick W. Schmitz
• DP13405 - Artificial intelligence, algorithmic pricing and collusion
  Emilio Calvano, Giacomo Calzolari, Vincenzo Denicolò, Sergio Pastorello
• DP13404 - The Economics of Cryptocurrency Pump and Dump Schemes
  Amir Feder, Neil Gandal, JT Hamrick, Tyler Moore, Arghya Mukherjee, Farhang Rouhi, Marie Vasek
• DP13403 - Organizational Equilibrium with Capital
  Marco Bassetto, Zhen Huo, José-Víctor Ríos-Rull
• DP13402 - Machine Learning Estimation of Heterogeneous Causal Effects: Empirical Monte Carlo Evidence
  Michael C. Knaus, Michael Lechner, Anthony Strittmatter
• DP13401 - Liquidity and Exchange Rates - An Empirical Investigation
  Charles M Engel, Steve Pak Yeung Wu
• DP13400 - House Price Dynamics, Optimal LTV Limits and the Liquidity Trap
  Andrea Ferrero, Richard Harrison, Benjamin Nelson
• DP13399 - The costs and benefits of performance fees in mutual funds
  Henri Servaes, Kari Sigurdsson
• DP13398 - Monetary policy implications of state-dependent prices and wages
  James Costain, Anton Nakov, Borja Petit
• DP13397 - The Non-Existence of Representative Agents
  Matthew O. Jackson, Leeat Yariv
• DP13396 - The Transmission of Monetary Policy Shocks
  Silvia Miranda-Agrippino, Giovanni Ricco
• DP13395 - Characteristics of Mutual Fund Portfolios: Where Are the Value Funds?
  Martin Lettau, Sydney Ludvigson, Paulo Manoel
• DP13394 - Immigration and Wage Dynamics: Evidence from the Mexican Peso Crisis
  Joan Monras
• DP13393 - The economics and politics of revoking NAFTA
  Raphael Auer, Barthelemy Bonadio, Andrei A. Levchenko
• DP13392 - Can Kings Create Towns that Thrive? The long-run implications of new town foundations
  Alexandra Cermeño, Kerstin Enflo
• DP13391 - Dominant Currency Debt
  Egemen Eren, Semyon Malamud
• DP13390 - Identity, Beliefs, and Political Conflict
  Nicola Gennaioli, Guido Tabellini
• DP13389 - Macroeconomic Consequences of Tariffs
  Davide Furceri, Swarnali Hannan, Jonathan D. Ostry, Andrew K Rose
• DP13388 - Real Interest Rates, Inflation, and Default
  Sewon Hur, Illenin Kondo, Fabrizio Perri
• DP13387 - A Global Safe Asset for and from Emerging Market Economies
  Markus K Brunnermeier, Lunyang Huang
• DP13386 - Women's Empowerment in Action: Evidence from a Randomized Control Trial in Africa
  Oriana Bandiera, Niklas Buehren, Robin Burgess, Markus P Goldstein, Selim Gulesci, Imran Rasul, Munshi Sulaiman
• DP13385 - What Happened to CIT collection? Solving the Rates-Revenues Puzzle
  Antonella Caiumi, Ina Majewski, Gaëtan Nicodème
• DP13384 - Continuous Time Versus Discrete Time in the New Keynesian Model: Closed-Form Solutions and Implications for Liquidity Trap
  Lilia Maliar
• DP13383 - Forward Guidance: Is It Useful After the Crisis?
  Lilia Maliar, John B. Taylor
• DP13382 - Price Reference Effects in Consumer Demand
  Matthew Gentry, Martin Pesendorfer
• DP13381 - Trade Liberalization and the Agglomeration of Heterogeneous Entrepreneurs
  Rikard Forslid, Toshihiro Okubo
• DP13380 - Venting Out: Exports During a Domestic Slump
  Miguel Almunia, Pol Antràs, David Lopez-Rodriguez, Eduardo Morales
• DP13379 - Structural Transformation, Industrial Specialization, and Endogenous Growth
  Paula Bustos, Juan Manuel Castro Vincenzi, Joan Monras, Jacopo Ponticelli
• DP13378 - Can Mobile-Linked Bank Accounts Bolster Savings? Evidence from a RandomizedControlled Trial in Sri Lanka
  Suresh De Mel, Craig Mcintosh, Ketki Sheth, Christopher Woodruff
• DP13377 - Economic history and contemporary challenges to globalization
  Kevin Hjortshøj O'Rourke
• DP13376 - Animal Spirits and Fiscal Policy
  Paul De Grauwe, Pasquale Foresti
• DP13375 - Trade and Credit Reallocation: How Banks Help Shape Comparative Advantage
  Christian Keuschnigg, Michael Kogler
• DP13374 - Economic Uncertainty and Fertility Cycles: The Case of the Post-WWII Baby Boom
  Bastien Chabé-Ferret, Paula Gobbi
• DP13373 - A retrospective on the subprime crisis and its aftermath ten years after Lehman's collapse
  Alex Cukierman
• DP13372 - Money Markets and Exchange Rates in Pre-Industrial Europe
  Pilar Nogues-Marco
• DP13371 - What Option Prices tell us about the ECB's Unconventional Monetary Policies
  Nander de Vette, Annelie Petersen, Stan Stan Olijslager, Sweder van Wijnbergen
• DP13370 - Pigouvian Cycles
  Renato Faccini, Leonardo Melosi
• DP13369 - Beyond Okun's Law: Output Growth and Labor Market Flows
  Robert Dixon, Guay C. Lim, Jan C. van Ours
• DP13368 - Measuring Ethnic Stratification and its Effect on Trust in Africa
  Roland Hodler, Sorawoot Srisuma, Alberto Vesperoni, Noemie Zurlinden
• DP13367 - Identity Politics and Trade Policy
  Gene Grossman, Elhanan Helpman
• DP13366 - Media Sentiment and International Asset Prices
  Samuel Fraiberger, Do Lee, Damien Puy, Romain Rancière
• DP13365 - Conditional dynamics and the multi-horizon risk-return trade-off
  Mikhail Chernov, Lars Lochstoer, Stig Lundeby
• DP13364 - Assimilation Patterns in Cities
  Yasuhiro Sato, Yves Zenou
• DP13363 - A Review of Shadow Banking
  Tobias Adrian, Adam Ashcraft, Peter Breuer, Nicola Cetorelli
• DP13362 - The Microeconomic foundations of Aggregate Production Functions
  David Rezza Baqaee, Emmanuel Farhi
• DP13361 - High Tech and Venture Capital Inflows: The case of Israel
  Assaf Razin
• DP13360 - Differential Performance in High vs. Low Stakes Tests: Evidence from the GRE Test
  Yigal Attali, Zvika Neeman, Analia Schlosser
• DP13359 - Definition Matters: Metropolitan Areas and Agglomeration Economies in a Large Developing Country
  Maarten Bosker, Jane Park, Mark Roberts
• DP13358 - The Costs and Benefits of Shareholder Democracy
  Nickolay Gantchev, Mariassunta Giannetti
• DP13357 - Optimal Healthcare Contracts: Theory and Empirical Evidence from Italy
  Paolo Berta, Gianni De Fraja, Stefano Verzillo
• DP13356 - The Benchmark Inclusion Subsidy
  Anil K Kashyap, Natalia Kovrijnykh, Jian Li, Anna Pavlova
• DP13355 - Firm Leverage and Regional Business Cycles
  Xavier Giroud, Holger M Mueller
• DP13354 - The Intergenerational Behavioural Consequences of a Socio-Political Upheaval
  Alison L Booth, Elliott Fan, Xin Meng, Dandan Zhang
• DP13353 - Pareto-improving structural reforms
  Gilles Saint-Paul
• DP13352 - Economic Policy Uncertainty in Turkey
  La-Bhus Fah Jirasavetakul, Antonio Spilimbergo
• DP13351 - Structural Transformation to Manufacturing and Services: What Role for Trade?
  Kym Anderson
• DP13350 - Liquidity, Leverage, and Regulation Ten Years after the Global Financial Crisis
  Tobias Adrian, John Kiff, Hyun Song Shin
• DP13349 - The Term Structure of Growth-at-Risk
  Tobias Adrian, Federico Grinberg, Nellie Liang, Sheherya Malik
• DP13348 - Female autonomy generates superstars in long-term development: Evidence from 15th to 19th century Europe
  Jörg Baten, Alexandra de Pleijt

November 2018

• DP13347 - Matching In Cities
  Wolfgang Dauth, Sebastian Findeisen, Enrico Moretti, Jens Südekum
• DP13346 - Market Structure and Competition in Airline Markets
  Federico Ciliberto, Charles Murry, Elie Tamer
• DP13345 - Over-the-Counter Market Frictions and Yield Spread Changes
  Nils Friewald, Florian Nagler
• DP13344 - The Agency of CoCos: Why Contingent Convertible Bonds Aren't for Everyone
  Roman Goncharenko, Steven Ongena, Asad Rauf
• DP13343 - Information Aggregation in Emissions Markets with Abatement
  Estelle Cantillon, Aurélie Slechten
• DP13342 -The Half Life of Economic Injustice
  David K Miles
• DP13341 - Heterogeneous Tax Sensitivity of Firm-level Investments
  Peter Egger, Katharina Erhardt, Christian Keuschnigg
• DP13340 - Collateral Booms and Information Depletion
  Vladimir Asriyan, Luc Laeven, Alberto Martín
• DP13339 - The Financial Decisions of Immigrant and Native Households: Evidence from Italy
  Graziella Bertocchi, Marianna Brunetti, Anzelika Zaiceva
• DP13338 - The Economic Geography of Innovation
  Peter Egger, Nicole Loumeau
• DP13337 - Leverage over the Life Cycle and Implications for Firm Growth and Shock Responsiveness
  Sebnem Kalemli-Ozcan
• DP13336 - Debt Overhang, Rollover Risk, and Corporate Investment: Evidence from the European Crisis
  Sebnem Kalemli-Ozcan
• DP13335 - Money Markets, Collateral and Monetary Policy
  Fiorella De Fiore, Marie Hoerova, Harald Uhlig
• DP13334 - Neo-Fisherian Policies and Liquidity Traps
  Florin Ovidiu Bilbiie
• DP13333 - The Micro-Level Anatomy of the Labor Share Decline
  Matthias Kehrig, Nicolas Vincent
• DP13332 - Countering the Winner's Curse: Optimal Auction Design in a Common Value Model
  Dirk Bergemann, Benjamin A Brooks, Stephen Morris
• DP13331 - To Ask or Not To Ask? Bank Capital Requirements and Loan Collateralization
  Hans Degryse, Artashes Karapetyan, Sudipto Karmakar
• DP13330 - Financial structure and income inequality
  Michael Brei, Giovanni Ferri, Leonardo Gambacorta
• DP13329 - Repayment Flexibility and Risk Taking: Experimental Evidence from Credit Contracts
  Selim Gulesci
• DP13328 - What hides behind the German labor market miracle? Unemployment insurance reforms and labor market dynamics
  Benjamin Hartung, Philip Jung, Moritz Kuhn
• DP13327 - Minority share acquisitions and collusion: evidence from the introduction of national leniency programs
  Sven Heim, Kai Hueschelrath, Ulrich Laitenberger, Yossi Spiegel
• DP13326 - International Migration Intentions and Illegal Costs: Evidence Using Africa-to-Europe Smuggling Routes
  Guido Friebel, Miriam Manchin, Mariapia Mendola, Giovanni Prarolo
• DP13325 - Volatility Risk Pass-Through
  Riccardo Colacito, Mariano Massimiliano Croce, Yang Liu, Ivan Shaliastovich
• DP13324 - Some Principles for Regulating Cyber Risk
  Anil K Kashyap, Anne Wetherilt
• DP13323 - The "End of Men" and Rise of Women in the High-Skilled Labor Market
  Nir Jaimovich
• DP13322 - Quantitative Easing
  Wei Cui, Vincent Sterk
• DP13321 - Organizing Global Supply Chains: Input Cost Shares and Vertical Integration
  Giuseppe Berlingieri, Frank Pisch, Claudia Steinwender
• DP13320 - Barriers to trade in environmental goods: How Important they are and what should developing countries expect from their removal
  Jaime de Melo, Jean-Marc Solleder
• DP13319 - A Model of Competing Narratives
  Kfir Eliaz, Ran Spiegler
• DP13318 - The Household Finance Landscape in Emerging Economies
  Cristian Badarinza, Vimal Balasubramaniam, Tarun Ramadorai
• DP13317 - Globalization, Gender, and the Family
  Wolfgang Keller, Hale Utar
• DP13316 - Equitable Voting Rules
  Laurent Bartholdi, Wade Hann-Caruthers, Maya Josyula, Omer Tamuz, Leeat Yariv
• DP13315 - Anti-social Behavior in Groups
  Tomáš Želinský, Michal Bauer, Jana Cahlíková, Dagmara Celik-Katreniak, Julie Chytilova, Lubomír Cingl
• DP13314 - Learning from Noise: Evidence from India's IPO Lotteries
  Santosh Anagol, Vimal Balasubramaniam, Tarun Ramadorai
• DP13313 - Climatic Roots of Loss Aversion
  Oded Galor, Viacheslav Savitskiy
• DP13312 - Germs, Social Networks and Growth
  Alessandra Fogli, Laura Veldkamp
• DP13311 - Civicness drain
  Marco Casari, Maria Depaola, Andrea Ichino, Ginevra Marandola, Moti Michaeli, Vincenzo Scoppa
• DP13310 - Subsidizing Labor Hoarding in Recessions: The Employment & Welfare Effects of Short Time Work
  Giulia Giupponi, Camille Landais
• DP13309 - Historical Legacies and African Development
  Stelios Michalopoulos, Elias Papaioannou
• DP13308 - Inventory Behavior, Demand, and Productivity in Retail
  Florin Maican, Matilda Orth
• DP13307 - Endogenous Technology Cycles in Dynamic R&D Networks
  Michael König, Tim Rogers
• DP13306 - Populism and Civil Society
  Tito Boeri, Prachi Mishra, Chris Papageorgiou, Antonio Spilimbergo
• DP13305 - The effect of immigrant peers in vocational schools
  Tommaso Frattini, Elena Meschi
• DP13304 - Regional Transfer Multipliers
  Raphael Corbi, Elias Papaioannou, Paolo Surico
• DP13303 - The introduction of serfdom and labor markets
  Peter Sandholt Jensen, Cristina Victoria Radu, Battista Severgnini, Paul Sharp
• DP13302 - Consumer Time Budgets and Grocery Shopping Behavior
  Bart Bronnenberg, Tobias Klein, Yan Xu
• DP13301 - Municipal Bond Markets
  Dario Cestau, Burton Hollifield, Dan Li, Norman Schürhoff
• DP13300 - Habits as Adaptations: An Experimental Study
  Ludmila Matyskova, Brian Rogers, Jakub Steiner, Keh-Kuan Sun
• DP13299 - Information Nudges and Self-Control
  Thomas Mariotti, Nikolaus Schweizer, Nora Szech, Jonas von Wangenheim
• DP13298 - Currency depreciation and emerging market corporate distress
  Valentina G. Bruno, Hyun Song Shin
• DP13297 - The Political Economy of Multilateral Aid Funds
  Axel Dreher, Jenny Simon, Justin Valasek
• DP13296 - Gentrification and pioneer businesses
  Kristian Behrens, Brahim Boualam, Julien Martin, Florian Mayneris
• DP13295 - Information and Market Power
  Dirk Bergemann, Tibor Heumann, Stephen Morris
• DP13294 - CEO Performance in Severe Crises: The Role of Newcomers
  José Amador, Sharmin Sazedj, José Tavares
• DP13293 - Wages and the Value of Nonemployment
  Simon Jäger, Benjamin Schoefer, Samuel Young, Josef Zweimüller
• DP13292 - Debt Sustainability and the Terms of Official Support
  Giancarlo Corsetti, Aitor Erce, Timothy Uy

October2018

• DP13291 - Mobility and congestion in urban India
  Prottoy A. Akbar, Victor Couture, Gilles Duranton, Adam Storeygard
• DP13290 - Buying Votes and International Organizations: The Dirty Work-Hypothesis
  Axel Dreher, Valentin Lang, B. Peter Rosendorff, James Raymond Vreeland
• DP13289 - Biased Policy Professionals
  Sheheryar Banuri, Stefan Dercon, Varun Gauri
• DP13288 - Will Brexit Age Well? Cohorts, Seasoning and the Age-Leave Gradient, Past, Present and Future
  Barry Eichengreen, Rebecca Mari, Gregory Thwaites
• DP13287 - Flight-to-safety and the Credit Crunch: A new history of the banking crisis in France during the Great Depression
  Patrice Baubeau, Eric Monnet, Angelo Riva, Stefano Ungaro
• DP13286 - How wage announcements affect job search - a field experiment
  Michele Belot, Philipp Kircher, Paul Muller
• DP13285 - The network origins of the gains from trade
  Maarten Bosker, Bastian Westbrock
• DP13284 - The Value of Working Conditions in the United States and Implications for the Structure of Wages
  Nicole Maestas, Kathleen J. Mullen, David Powell, Till von Wachter, Jeffrey B. Wenger
• DP13283 - Consumer Misinformation and the Brand Premium: A Private Label Blind Taste Test
  Bart Bronnenberg, Jean-Pierre Dube, Robert Sanders
• DP13282 - Invoicing and Pricing-to-Market: A Study of Price and Markup Elasticities of UK Exporters
  Giancarlo Corsetti, Meredith A Crowley, Lu Han
• DP13281 - Micro-responses to shocks: Pricing, promotion, and entry
  Alexis Antoniades, Sofronis Clerides
• DP13280 - Information Aggregation and Turnout in Proportional Representation: A Laboratory Experiment
  Helios Herrera, Aniol Llorente-Saguer, Joseph C. McMurray
• DP13279 - Understanding Human Trafficking Using Victim-Level Data
  Elsa Artadi, Martina Björkman Nyqvist, Maria Kuecken, Eliana La Ferrara
• DP13278 - Long Run Growth of Financial Data Technology
  Maryam Farboodi, Laura Veldkamp
• DP13277 - Valuation in the Public and Private Sectors: Tax, Risk, Debt Capacity, and the Cost of Capital
  Richard Brealey, Ian Cooper, Michel Antoine Habib
• DP13276 - Consumers as Tax Auditors
  Joana Naritomi
• DP13275 - Is Marriage for White People? Incarceration, Unemployment, and the Racial Marriage Divide
  Elizabeth Caucutt, Nezih Guner, Christopher Rauh
• DP13274 - What are the consequences of global banking for the international transmission of shocks? A quantitative analysis
  José L. Fillat, Stefania Garetto, Arthur Smith
• DP13273 - Assortative Matching or Exclusionary Hiring? The Impact of Firm Policies on Racial Wage Differences in Brazil
  David Card, Francois Gerard, Lorenzo Lagos, Edson Severnini
• DP13272 - Selective Hiring and Welfare Analysis in Labor Market Models
  Christian Merkl, Thijs van Rens
• DP13271 - Measuring Skills in Developing Countries
  Rachid Laajaj, Karen Macours
• DP13270 - Incentives for Information Provision: Energy Efficiency in the Spanish Rental Market
  Xueying Bian, Natalia Fabra
• DP13269 - A Review of China's Institutions
  Franklin Allen, Meijun Qian, Jun Qian
• DP13268 - Behavioral Inattention
  Xavier Gabaix
• DP13267 - Burning Money? Government Lending in a Credit Crunch
  Gabriel Jiménez, José Luis Peydró, Rafael Repullo, Jesús Saurina
• DP13266 - The WTO Government Procurement Agreement as a Commitment Device: A First Appraisal
  Benedikt Dengler, Bernard Hoekman
• DP13265 - Monopsony in the UK
  William Abel, Silvana Tenreyro, Gregory Thwaites
• DP13264 - Preferential Trade Agreements and Global Sourcing
  Grant Bickwit, Emanuel Ornelas, John Turner
• DP13263 - Hysteresis via Endogenous Rigidity in Wages and Participation
  Cynthia L Doniger, J David López-Salido
• DP13262 - The Effectiveness of Leniency Programs when Firms choose the Degree of Collusion
  Winand Emons
• DP13261 - Information and Bargaining through Agents: Experimental Evidence from Mexico's Labor Courts
  Joyce Sadka, Enrique Seira, Christopher Woodruff
• DP13260 - A Nazi "Killer" Amendment
  Benny Moldovanu
• DP13259 - A Theory of Auctions with Endogenous Valuations
  Benny Moldovanu
• DP13258 - The Feedback Effect in Two-Sided Markets with Bilateral Investments
  Benny Moldovanu
• DP13257 - Religiosity and Terrorism: Evidence from Ramadan Fasting
  Roland Hodler, Paul A. Raschky, Anthony Strittmatter
• DP13256 - Legislative Restraint in Corporate Bailout Design
  Mark Gradstein, Michael Kaganovich
• DP13255 - Firms' Beliefs and Learning: Models, Identification, and Empirical Evidence
  Victor Aguirregabiria, Jihye Jeon
• DP13254 - Are Banking and Capital Markets Union Complements? Evidence from Channels of Risk Sharing in the Eurozone
  Mathias Hoffmann, Egor Maslov, Bent E Sørensen, Iryna Stewen
• DP13253 - The effect of exchange rate shocks on firm-level exports: evidence from the Brexit vote
  Ana Fernandes, L. Alan Winters
• DP13252 - International yield curves and currency puzzles
  Mikhail Chernov, Drew Creal
• DP13251 - Social networks and tax avoidance: Evidence from a well-defined Norwegian tax shelter
  Annette Alstadsaeter, Wojciech Kopczuk, Kjetil Telle
• DP13250 - Social Norms in Networks
  Philip Ushchev, Yves Zenou
• DP13249 - Vacancy Durations and Entry Wages: Evidence from Linked Vacancy-Employer-Employee Data
  Andreas Kettemann, Andreas Mueller, Josef Zweimüller
• DP13248 - Markets, Banks, and Shadow Banks
  David Martinez-Miera, Rafael Repullo
• DP13247 - Job Displacement, Family Dynamic, and Spousal Labor Supply
  Martin Halla, Julia Schmieder, Andrea Weber
• DP13246 - The Return on Information Technology: Who Benefits Most?
  Emmanuel Dhyne, Jozef Konings, Jeroen Van den bosch, Stijn Vanormelingen
• DP13245 - A composite likelihood approach for dynamic structural models
  Fabio Canova, Christian Matthes
• DP13244 - Fake Persuasion
  Jacob Glazer, Helios Herrera, Motty Perry
• DP13243 - Survey: Rational Inattention, a Disciplined Behavioral Model
  Bartosz Adam Mackowiak, Filip Matejka, Mirko Wiederholt
• DP13242 - Analyzing the Aftermath of a Compensation Reduction
  Jason Sandvik, Richard Saouma, Nathan Seegert, Christopher Stanton
• DP13241 - Worst-Case Bounds on R&D and Pricing Distortions: Theory and Disturbing Conclusions if Consumer Values Follow the World Income Distribution
  Michael Kremer
• DP13240 - Linear IV Regression Estimators for Structural Dynamic Discrete Choice Models
  Myrto Kalouptsidi, Paul T. Scott, Eduardo Souza-Rodrigues
• DP13239 - Superstar Economists: Coauthorship networks and research output
  Chih-Sheng Hsieh, Michael König, Xiaodong Liu, Christian Zimmermann
• DP13238 - Voter Bias and Women in Politics
  Thomas Le Barbanchon, Julien Sauvagnat
• DP13237 - Global Investors, the Dollar, and U.S. Credit Conditions
  Friederike Niepmann, Tim Schmidt-Eisenlohr
• DP13236 - Fast, "Robust", and Approximately Correct: Estimating Mixed Demand Systems
  Bernard Salanié, Frank Wolak
• DP13235 - Nominal exchange rate dynamics and monetary policy: uncovered interest rate parity and purchasing power parity revisited
  Yossi Saadon, Nathan Sussman
• DP13234 - More Women in Tech? Evidence from a field experiment addressing social identity
  Lucia Del Carpio, Maria Guadalupe
• DP13233 - Credit mechanics - a precursor to the current money supply debate
  Frank Decker, Charles A Goodhart
• DP13232 - Revealed Preference Analysis with Framing Effects
  Jacob Goldin, Daniel Reck
• DP13231 - Looking into Crystal Balls: A Laboratory Experiment on Reputational Cheap Talk
  Debrah Meloso, Salvatore Nunnari, Marco Ottaviani
• DP13230 - Completing Markets with Contracts: Evidence from the First Central Clearing Counterparty
  Guillaume Vuillemey
• DP13229 - Credit Shocks and Equilibrium Dynamics in Consumer Durable Goods Markets
  Alessandro Gavazza, Andrea Lanteri
• DP13228 - Cheap Trade Credit and Competition in Downstream Markets
  Mariassunta Giannetti, Nicolas Serrano-Velarde, Emanuele Tarantino
• DP13227 - Long-Term Employment Relations When Agents are Present Biased
  Florian Englmaier, Matthias Fahn, Marco Schwarz
• DP13226 - The Effect of Incentives in Non-Routine Analytical Team Tasks - Evidence from a Field Experiment
  Florian Englmaier, Stefan Grimm, David Schindler, Simeon Schudy
• DP13225 - A General Equilibrium Theory of Occupational Choice under Optimistic Beliefs about Entrepreneurial Ability
  Michele Dell’Era, Luca David Opromolla, Santos-Pinto
• DP13224 - Regulation with Experimentation: Ex Ante Approval, Ex Post Withdrawal, and Liability
  Emeric Henry, Marco Loseto, Marco Ottaviani
• DP13223 - State Dependent Effects of Monetary Policy: the Refinancing Channel
  Martin Eichenbaum, Sérgio Rebelo, Arlene Wong
• DP13222 - Unlucky Cohorts: Estimating the Long-term Effects of Entering the Labor Market in a Recession in Large Cross-sectional Data Sets
  Hannes Schwandt, Till von Wachter
• DP13221 - Friendship and Female Education: Evidence from a Field Experiment in Bangladeshi Primary Schools
  Youjin Hahn, Asadul Islam, Eleonora Patacchini, Yves Zenou
• DP13220 - New Technologies, Global Value Chains, and Developing Economies
  Dani Rodrik
• DP13219 - Trade and Domestic Policies in Models with Monopolistic Competition
  Alessia Campolmi, Harald Fadinger, Chiara Forlati
• DP13218 - Corruption and Competition
  Franklin Allen, Jun Qian, Lin Shen
• DP13217 - Fatal Attraction? Extended Unemployment Benefits, Labor Force Exits, and Mortality
  Andreas Kuhn, Stefan Staubli, Jean-Philippe Wuellrich, Josef Zweimüller
• DP13216 - Connecting to Power: Political Connections, Innovation, and Firm Dynamics
  Ufuk Akcigit, Salomé Baslandze, Francesca Lotti
• DP13215 - Incarceration, Recidivism and Employment
  Manudeep Bhuller, Gordon Dahl, Katrine Løken, Magne Mogstad
• DP13214 - Monetary Policy, Product Market Competition, and Growth
  Philippe Aghion, Emmanuel Farhi, Enisse Kharroubi
• DP13213 - Do Survey Expectations of Stock Returns Reflect Risk-Adjustments?
  Klaus Adam, Dmitry Maatvev, Stefan Nagel

September 2018

• DP13212 - The Inverted-U Relationship Between Credit Access and Productivity Growth
  Philippe Aghion, Antonin Bergeaud, Gilbert Cette, Rémy Lecat, Helene Maghin
• DP13211 - Inequality as experienced difference: A reformulation of the Gini coefficient
  Samuel Bowles, Wendy Carlin
• DP13210 - Matlab, Python, Julia: What to Choose in Economics?
  Chase Coleman, Spencer Lyon, Lilia Maliar, Serguei Maliar
• DP13209 - Robots, Trade, and Luddism: A Sufficient Statistic Approach to Optimal Technology Regulation
  Arnaud Costinot, Iván Werning
• DP13208 - The not-so-generalized effects of the Generalized System of Preferences
  Emanuel Ornelas, Marcos Ritel
• DP13207 - Investing in managerial honesty
  Rajna Gibson, Matthias Sohn, Carmen Tanner, Alexander F Wagner
• DP13206 - Stock Price Rewards to Climate Saints and Sinners: Evidence from the Trump Election
  Stefano Ramelli, Alexander F Wagner, Richard Zeckhauser, Alexandre Ziegler
• DP13205 - Risk-Adjusted Capital Allocation and Misallocation
  Joel David, Lukas Schmid, David Zeke
• DP13204 - Government versus Private Ownership of Public Goods: Experimental Evidence
  David J. Kusterer, Patrick W. Schmitz
• DP13203 - Should Straw Polls be Banned?
  S. Nageeb Ali, Aislinn Bohren
• DP13202 - Rare Disasters, Financial Development, and Sovereign Debt
  Sérgio Rebelo, Neng Wang, Jinqiang Yang
• DP13201 - Australian wine industry competitiveness: Why so slow to emerge?
  Kym Anderson
• DP13200 - Learning to Import from Your Peers
  Marta Bisztray, Miklós Koren, Adam Szeidl
• DP13199 - How do Inheritances Shape Wealth Inequality? Theory and Evidence from Sweden
  Arash Nekoei, David Seim
• DP13198 - Teams and Bankruptcy
  Ramin P. Baghai, Rui C Silva, Luofu Ye
• DP13197 - Market Liberalization: Price Dispersion, Price Discrimination and Consumer Search in the German Electricity Markets
  Klaus Gugler, Sven Heim, Maarten Janssen, Mario Liebensteiner
• DP13196 - Optimal Need-Based Financial Aid
  Mark Colas, Sebastian Findeisen, Dominik Sachs
• DP13195 - Perception of House Price Risk and Homeownership
  Manuel Adelino, Antoinette S Schoar, Felipe Severino
• DP13194 - Shaming for Tax Enforcement: Evidence from a New Policy
  Nadja Dwenger, Lukas Treber
• DP13193 - Making Parametric Portfolio Policies Work
  Thomas Gehrig, Leopold Sögner, Arne Westerkamp
• DP13192 - Variation margins, fire sales, and information-constrained optimality
  Bruno Biais, Florian Heider, Marie Hoerova
• DP13191 - Life below zero: Bank lending under negative policy rates
  Florian Heider, Farzad Saidi, Glenn Schepens
• DP13190 - In-House and Arm's Length: Productivity Heterogeneity and Variation in Organizational Form.
  Arturs Kalnins, Stephen Lin, Catherine Thomas
• DP13189 - Media Freedom in the Shadow of a Coup
  Ralph Boleslavsky, Mehdi Shadmehr, Konstantin Sonin
• DP13188 - Single mothers and their children: Evaluating a work-encouraging welfare reform
  Katrine Loken, Kjell Erik Lommerud, Katrine H. Reiso
• DP13187 - The permanent-transitory confusion: Implications for tests of market efficiency and for expected inflation during turbulent and tranquil times
  Alex Cukierman, Thomas Lustenberger, Allan H Meltzer
• DP13186 - Forex intervention and reserve management in Switzerland and Israel since the financial crisis: Comparison and policy lessons
  Alex Cukierman
• DP13185 - Inheritance Taxation and Wealth Effects on the Labor Supply of Heirs
  Fabian Kindermann, Lukas Mayr, Dominik Sachs
• DP13184 - Inequality in Life Expectancies across Europe
  Radim Bohacek, Jesus Bueren, Laura Crespo, Pedro Solbes Mira, Josep Pijoan-Mas
• DP13183 - Long-term Changes in Married Couples' Labor Supply and Taxes: Evidence from the US and Europe Since the 1980s
  Alexander Bick, Bettina Brüggemann, Nicola Fuchs-Schündeln, Hannah Paule-Paludkiewicz
• DP13182 - An Intermediation-Based Model of Exchange Rates
  Semyon Malamud, Andreas Schrimpf
• DP13181 - About the Origin of Cities
  de Palma, Yorgos Y. Papageorgiou, Jacques-François Thisse, Philip Ushchev
• DP13180 - Capital Flows in an Aging World
  Zsofia Barany, Nicolas Coeurdacier, Stéphane Guibaud
• DP13179 - Wage Floor Rigidity in Industry-Level Agreements: Evidence from France
  Denis Fougère, Erwan Gautier, Sebastien ROUX
• DP13178 - Child Care and Human Development: Insights from Jewish History in Central and Eastern Europe, 1500-1930
  Maristella Botticini, Zvi Eckstein, Anat Vaturi
• DP13177 - Economic Transition and the Rise of Alternative Institutions: Political Connections in Putin's Russia
  Natalia Lamberova, Konstantin Sonin
• DP13176 - Notes on the Yield Curve
  Ian Martin, Stephen Ross
• DP13175 - Investing for Long-Term Value Creation
  Dirk Schoenmaker, Willem Schramade
• DP13174 - Diverging Trends in National and Local Concentration
  Esteban Rossi-Hansberg, Pierre-Daniel Sarte, Nicholas Trachter
• DP13173 - Verifying High Quality: Entry for Sale
  Pehr-Johan Norbäck, Lars Persson, Roger Svensson
• DP13172 - The I.O. of ethics and cheating when consumers do not have rational expectations
  John Thanassoulis
• DP13171 - Modeling of Economic and Financial Conditions for Nowcasting and Forecasting Recessions: A Unified Approach
  Sumru G. Altug, Cem Cakmakli, Hamza Demircan
• DP13170 -The Making of the Modern Metropolis: Evidence from London
  Stephan Heblich, Stephen J. Redding, Daniel M Sturm
• DP13169 - Restricting Trade and Reducing Variety: Evidence from Ethiopia
  Pramila Krishnan, Peng Zhang
• DP13168 - The Price of Capital, Factor Substitutability, and Corporate Profits
  Philipp Hergovich, Monika Merz
• DP13167 - Taxation and Innovation in the 20th Century
  Ufuk Akcigit, John Grigsby, Tom Nicholas, Stefanie Stantcheva
• DP13166 - Teacher Effectiveness and Classroom Composition
  Esteban Aucejo, Patrick Coate, Jane Fruehwirth, Sean Kelly, Zachary Mozenter
• DP13165 - Experimental Evidence of Exposure to a Conditional Cash Transfer During Early Teenage Years: Young Women's Fertility and Labor Market Outcomes
  Tania Barham, Karen Macours, John Maluccio
• DP13164 - Altruism and Risk Sharing in Networks
  Renaud Bourles, Yann Bramoulle, Eduardo Perez-Richet
• DP13163 - Should a Poverty-Averse Donor Always Increase the Share of Governance-Improving Countries?
  François Bourguignon, Jean-Philippe Platteau
• DP13162 - Why Does Education Reduce Crime?
  Brian Bell, Rui Costa, Steve Machin
• DP13161 - Network Formation with Local Complements and Global Substitutes: The Case of R&D Networks
  Chih-Sheng Hsieh, Michael König, Xiaodong Liu
• DP13160 - Unequal Gains, Prolonged Pain: A Model of Protectionist Overshooting and Escalation
  Emily Blanchard, Gerald Willmann
• DP13159 - Income taxation of couples, spouses' labor supplies and the gender wage gap
  Helmuth Cremer, Kerstin Roeder
• DP13158 - Which Ladder to Climb? Wages of workers by job, plant, and education
  Christian Bayer, Moritz Kuhn
• DP13157 - Physician workload and treatment choice: the case of primary care
  Adi Alkalay, Alon Eizenberg, Amnon Lahad, Ity Shurtz
• DP13156 - Money Creation in Different Architectures
  Salomon Faure, Hans Gersbach
• DP13155 - Rebel Capacity, Intelligence Gathering, and the Timing of Combat Operations
  Konstantin Sonin, Jarnickae Wilson, Austin Wright
• DP13154 - Financial Restrictions and Competitive Balance in Sports Leagues
  Vsevolod Grabar, Konstantin Sonin
• DP13153 - Missing Events in Event Studies: Identifying the Effects of Partially-Measured News Surprises
  Refet S. Gürkaynak, Burçin Kisacikoglu, Jonathan H. Wright
• DP13152 - Bank Capital in the Short and in the Long Run
  Caterina Mendicino, Kalin Nikolov, Javier Suarez, Dominik Supera
• DP13151 - Liability Structure and Risk-Taking: Evidence from the Money Market Fund Industry
  Ramin P. Baghai, Mariassunta Giannetti, Ivika Jager
• DP13150 - Foreign Expansion, Competition and Bank Risk
  Ester Faia, Sebastien Laffitte, Gianmarco Ottaviano

August 2018

• DP13149 - Fiscal Policy, Potential Output and the Shifting Goalposts
  Antonio Fatás
• DP13148 - Markets for Information: An Introduction
  Dirk Bergemann, Alessandro Bonatti
• DP13147 - The Economic Effects of Brexit - Evidence from the Stock Market
  Holger Breinlich, Elsa Leromain, Dennis Novy, Thomas Sampson, Ahmed Usman
• DP13146 - Prices under Innovation: Evidence from Manufacturing Firms
  Jordi Jaumandreu, Shuheng Lin
• DP13145 - Agnostic Structural Disturbances (ASDs): Detecting and Reducing Misspecification in Empirical Macroeconomic Models
  Wouter Den Haan, Thomas Drechsel
• DP13144 - Retirement in the Shadow (Banking)
  Guillermo Ordoñez, Facundo Piguillem
• DP13143 - Estimating Bargaining-related Tax Advantages of Multinational Firms
  Peter Egger
• DP13142 - Current account adjustment and retained earnings
  Andreas M Fischer, Henrike Groeger, Philip Saure, Pinar Yesin
• DP13141 - Euro Area and U.S. External Adjustment: The Role of Commodity Prices and Emerging Market Shocks
  Massimo Giovannini, Stefan Hohberger, Robert Kollmann, Marco Ratto, Werner Roeger, Lukas Vogel
• DP13140 - Learning from failure across products
  Johanna Glauber, Tobias Kretschmer
• DP13139 - Agent Orange: Trump, Soft Power, and Exports
  Andrew K Rose
• DP13138 - The Other Way: A Narrative History of the Bank of France
  Vincent Bignon, Marc Flandreau
• DP13137 - The Implications of Financial Innovation for Capital Markets and Household Welfare
  Adrian Buss, Raman Uppal, Grigory Vilkov
• DP13136 - Anonymity or Distance? Job Search and Labour Market Exclusion in a Growing African City
  Girum Abebe, Stefano Caria, Marcel Fafchamps, Paolo Falco, Simon Franklin, Simon Quinn
• DP13135 - The Procyclicality of Expected Credit Loss Provisions
  Jorge Abad, Javier Suarez
• DP13134 - Inequality and Public Policy
  Michele Battisti, Joseph Zeira
• DP13133 - Does Job Search Assistance Really Raise Employment?
  Rafael Lalive
• DP13132 - Commodity Trade Matters
  Thibault Fally, James Sayre
• DP13131 - The human side of austerity: health spending and outcomes during the Greek crisis
  Roberto Perotti
• DP13130 - The Power Resource Theory Revisited: What Explains the Decline in Industrial Conflicts in Sweden?
  Kerstin Enflo, Tobias Karlsson, Jakob Molinder
• DP13129 - Amphitheaters, cathedrals and operas: The role of historic amenities on suburbanization
  Miquel-Àngel Garcia-López, Ilias Pasidis, Elisabet Viladecans-Marsal
• DP13128 - Evaluating the Economic Cost of Coastal Flooding
  Klaus Desmet, Robert Kopp, Scott A. Kulp, Dávid Krisztián Nagy, Michael Oppenheimer, Esteban Rossi-Hansberg, Benjamin H. Strauss
• DP13127 - Optimal fund menus
  Jaksa Cvitanic, Julien Hugonnier
• DP13126 - Frictional intermediation in over-the-counter markets
  Julien Hugonnier, Benjamin Lester, Pierre-Olivier Weill
• DP13125 - Middle managers, personnel turnover and performance: A long-term field experiment in a retail chain
  Guido Friebel, Matthias Heinz, Nick Zubanov
• DP13124 - The Costs of Macroprudential Policy
  Björn Richter, Moritz Schularick, Ilhyock Shim
• DP13123 - Catching Up to Girls: Understanding the Gender Imbalance in Educational Attainment Within Race
  Esteban Aucejo, Jonathan James
• DP13122 - Identifying Chinese Supply Shocks - Effects of Trade on Labor Markets
  Andreas M Fischer, Philip Saure
• DP13121 - Multi-candidate Political Competition and the Industrial Organization of Politics
  Avner Seror, Thierry Verdier
• DP13120 - Leaders in Juvenile Crime
  Carlos Díaz, Eleonora Patacchini, Thierry Verdier, Yves Zenou
• DP13119 - Physiological Constraints and Comparative Economic Development
  Carl-Johan Dalgaard, Holger Strulik
• DP13118 - Shift-Share Designs: Theory and Inference
  Rodrigo Adão, Michal Kolesár, Eduardo Morales
• DP13117 - What Drives the FOMC's Dot Plots?
  Stefan Gerlach, Rebecca Stuart
• DP13116 - Do the Rich Get Richer in the Stock Market? Evidence from India
  John Y Campbell, Tarun Ramadorai, Benjamin Ranish
• DP13115 - Standing on the Shoulders of Dwarfs: Dominant Firms and Innovation Incentives
  Luís M B Cabral
• DP13114 - Enforcing Regulation under Illicit Adaptation
  Andres Gonzalez Lira, Ahmed Mushfiq Mobarak
• DP13113 - The Dynamics of Discrimination: Theory and Evidence
  Aislinn Bohren
• DP13112 - How do Automation and Offshorability Influence Unemployment Duration and Subsequent Job Quality?
  Bernhard Schmidpeter, Rudolf Winter-Ebmer
• DP13111 - Idea Sharing and the Performance of Mutual Funds
  Julien Cujean
• DP13110 - Who Voted for Brexit? Individual and Regional Data Combined
  Eleonora Alabrese, Sascha O. Becker, Thiemo Fetzer, Dennis Novy
• DP13109 - Household Portfolio Underdiversification and Probability Weighting: Evidence from the Field
  Steve Dimmock, Roy Kouwenberg, Olivia S Mitchell, Kim Peijnenburg
• DP13108 - Notes on the Underground: Monetary Policy in Resource-Rich Economies
  Andrea Ferrero, Martin Seneca
• DP13107 -  Inequality Aversion, Populism, and the Backlash Against Globalization
  Luboš Pástor, Pietro Veronesi
• DP13106 - The Welfare State besides Globalization Forces
  Assaf Razin, Efraim Sadka
• DP13105 - Does a Tax Credit matter for Job Creation by Multinational Enterprises?
  Jozef Konings, Cathy Lecocq, Bruno Merlevede
• DP13104 - Estimating the Elasticity of Intertemporal Substitution Using Mortgage Notches
  Michael Best, James Cloyne, Ethan Ilzetzki, Henrik Kleven
• DP13103 - The rise of populism and the collapse of the left-right paradigm: Lessons from the 2017 French presidential election
  Yann Algan, Elizabeth Beasley, Daniel Cohen, Martial Foucault
• DP13102 - Effects of Poverty on Impatience: Preferences or Inattention?
  Bartoš, Michal Bauer, Julie Chytilova, Ian Levely
• DP13101 - College Tuition and Income Inequality
  Zhifeng Cai, Jonathan Heathcote
• DP13100 - Central Bank Balance Sheet Policies Without Rational Expectations
  Luigi Iovino, Dmitriy Sergeyev
• DP13099 - Feeling Useless: The Effect of Unemployment on Mental Health in the Great Recession
  Lidia Farre, Francesco Fasani, Hannes Felix Mueller
• DP13098 - Can Government Intervention Make Firms More Investment-Ready? A Randomized Experiment in the Western Balkans
  Ana Paula Cusolito, Ernest Dautovic, David J. McKenzie
• DP13097 - The Political Economy of Public Debt: A Laboratory Study
  Marco Battaglini, Salvatore Nunnari, Thomas R Palfrey
• DP13096 - Equilibrium Provider Networks: Bargaining and Exclusion in Health Care Markets
  Katherine Ho, Robin S. Lee
• DP13095 - The State of New Keynesian Economics: A Partial Assessment
  Jordi Galí

July 2018

• DP13094 - Short-term rentals and the housing market: Quasi-experimental evidence from Airbnb in Los Angeles
  Hans R.A. Koster, Jos van Ommeren, Nicolas Volkhausen
• DP13093 - Inventory Management, Dealers' Connections, and Prices in OTC Markets
  Jean-Edouard Colliard, Thierry Foucault, Peter Hoffmann
• DP13092 - Per Capita Income, Consumption Patterns, and CO2 Emissions
  Justin Caron, Thibault Fally
• DP13091 - Private Money Creation, Liquidity Crises, and Government Intervention
  Pierpaolo Benigno, Roberto Robatto
• DP13090 - Repo market functioning: The role of capital regulation
  Antonis Kotidis, Neeltje Van Horen
• DP13089 - Discrimination, Managers, and Firm Performance: Evidence from "Aryanizations" in Nazi Germany*
  Kilian Huber, Volker Lindenthal, Fabian Waldinger
• DP13088 - A Primer on Capacity Mechanisms
  Natalia Fabra
• DP13087 - Some Simple Economics of Patent Protection for Complex Technologies
  Vincenzo Denicolò, Piercarlo Zanchettin
• DP13086 - The Carbon `Carprint' of Suburbanization: New Evidence from French Cities
  Camille Blaudin de Thé, Benjamin Carantino, Miren Lafourcade
• DP13085 - Vehicle Currency Pricing and Exchange Rate Pass-Through
  Natalie Chen, Wanyu Chung, Dennis Novy
• DP13084 - (At Least) Four Theories for Sovereign Default
  Markus Eberhardt
• DP13083 - Upstream Bundling and Leverage of Market Power
  Alexandre de Cornière, Greg Taylor
• DP13082 - European Funds and Firm Dynamics: Estimating Spillovers from Increased Access
  João Pereira dos Santos, José Tavares
• DP13081 - The Economic Effects of Electoral Rules: Evidence from Unemployment Benefits
  Vincenzo Galasso, Salvatore Nunnari
• DP13080 - Can Rationing Increase Welfare? Theory and An Application to India's Ration Shop System
  Lucie Gadenne
• DP13079 - Trade Policy Toward Supply Chains after the Great Recession
  Chad P. Bown
• DP13078 - Social Influence in Prosocial Behavior:Evidence from a Large-Scale Experiment
  Lorenz Götte, Egon Tripodi
• DP13077 - Trade Secrets and Innovation: Evidence from the "Inevitable Disclosure" Doctrine
  Iwan Barankay, Andrea Contigiani, David Hsu
• DP13076 - Occupational Licensing, Labor Mobility, and the Unfairness of Entry Standards
  Mario Pagliero
• DP13075 - Gender Wage Gap at the Top, Job Inflexibility and Product Market Competition
  Fredrik Heyman, Pehr-Johan Norbäck, Lars Persson
• DP13074 - Costly Pretrial Agreements
  Luca Anderlini, Leonardo Felli, Giovanni Immordino
• DP13073 - Reviving American Entrepreneurship? Tax Reform and Business Dynamism
  Petr Sedlacek, Vincent Sterk
• DP13072 - Monetary Easing, Investment and Financial Instability
  Viral V Acharya, Guillaume Plantin
• DP13071 - Solving heterogeneous agent models in discrete time with many idiosyncratic states by perturbation methods
  Christian Bayer, Ralph Luetticke
• DP13070 - Immigrant Artists: Enrichment or Displacement?
  Karol Jan Borowiecki, Kathryn Graddy
• DP13069 - Dynamic Liquidity-Based Security Design
  Emre Ozdenoren, Kathy Yuan, Shengxing Zhang
• DP13068 - Structural Interpretation of Vector Autoregressions with IncompleteInformation: Revisiting the Role of Oil Supply and Demand Shocks: Comment
  Lutz Kilian, Xiaoqing Zhou
• DP13067 - Wealth Taxes and Inequality
  Nicola Borri, Pietro Reichlin
• DP13066 - Twenty Five Years of Global Imbalances
  Maurice Obstfeld
• DP13065 - Reserves For All? Central Bank Digital Currency, Deposits, and their (Non)-Equivalence
  Dirk Niepelt
• DP13064 - Infant Health Care and Long-Term
  Aline Butikofer, Katrine Loken, Kjell G Salvanes
• DP13063 - Location as an Asset
  Adrien Bilal, Esteban Rossi-Hansberg
• DP13062 - A Coasian Model of International Production Chains
  Thibault Fally, Russell Hillberry
• DP13061 - Disease Control and Inequality Reduction: Evidence from a Tuberculosis Testing and Vaccination Program
  Aline Butikofer, Kjell G Salvanes
• DP13060 - Of Mice and Merchants: Trade and Growth in the Iron Age
  Jan Bakker, Stephan E Maurer, Jörn-Steffen Pischke, Ferdinand Rauch
• DP13059 - Politically feasible reforms of non-linear tax systems
  Felix Bierbrauer, Pierre Boyer
• DP13058 - Innovation and Distribution: A General Equilibrium Model of Manufacturing and Retailing
  Bart Bronnenberg
• DP13057 - When No Bad Deed Goes Punished: Relational Contracting in Ghana and the UK
  Elwyn Davies, Marcel Fafchamps
• DP13056 - Narratives, Imperatives, and Moral Reasoning
  Roland Bénabou, Armin Falk, Jean Tirole
• DP13055 - Bribes vs. Taxes: Market Structure and Incentives
  Francesco Amodio, Giacomo De Giorgi, Aminur Rahman
• DP13054 -Multilevel Marketing: Pyramid-Shaped Schemes or Exploitative Scams?
  Yair Antler
• DP13053 - Do Elected Councils Improve Governance? Experimental Evidence on Local Institutions in Afghanistan
  Ruben Enikolopov
• DP13052 - Towards a Theory of Platform Dynamics
  Luís M B Cabral
• DP13051 - Are Bureaucrats Really Paid Like Bureaucrats?
  Ruben Enikolopov
• DP13050 - Who benefits from universal child care? Estimating marginal returns to early child care attendance
  Thomas Cornelissen, Christian Dustmann, Anna Raute, Uta Schönberg
• DP13049 - Factors that Fit the Time Series and Cross-Section of Stock Returns
  Martin Lettau, Markus Pelger
• DP13048 - Innovating in less developed regions: what drives patenting in the lagging regions of Europe and North America
  Andrés Rodríguez-Pose, Callum Wilkie
• DP13047 - Caseworker's discretion and the effectiveness of welfare-to-work programs
  Jonneke Bolhaar, Nadine Ketel, Bas van der Klaauw
• DP13046 - Gravity and Migration before Railways: Evidence from Parisian Prostitutes and Revolutionaries
  Morgan Kelly, Cormac Ó Gráda
• DP13045 - The Supply of Skill and Endogenous Technical Change: Evidence From a College Expansion Reform
  Pedro Carneiro, Kai Liu, Kjell G Salvanes
• DP13044 - The Role of Parenthood on the Gender Gap among Top Earners
  Aline Butikofer, Sissel Jensen, Kjell G Salvanes
• DP13042 - The Rise and Fall of the Natural Interest Rate
  Gabriele Fiorentini, Alessandro Galesi, Gabriel Pérez-Quirós, Enrique Sentana
• DP13041 - When Short-Time Work Works
  Pierre Cahuc, Francis Kramarz, Sandra Nevoux
• DP13040 - Mixed Bundling in Retail DVD Sales: Facts and Theories
  Luís M B Cabral, Gabriel Natividad
• DP13039 - Why Has Economic Growth Slowed When Innovation Appears To Be Accelerating?
  Robert J Gordon
• DP13038 - Income contingent university loans: policy design and an application to Spain
  Antonio Cabrales, Maia Güell, Rocío Madera, Analía Viola
• DP13037 - The Shocks Matter: Improving our Estimates of Exchange Rate Pass-Through
  Kristin Forbes, Ida Hjortsoe, Tsvetelina Nenova
• DP13036 - How does product liability risk affect innovation? Evidence from medical implants
  Alberto Galasso, Hong Luo
• DP13035 - Immigration and Redistribution
  Alberto F Alesina, Armando Miano, Stefanie Stantcheva
• DP13034 - The Forcasting Performance of Dynamic Factor Models with Vintage Data
  Luca Di Bonaventura, Mario Forni, Francesco Pattarin
• DP13033 - Field of study and family outcomes
  Elisabeth Artmann, Nadine Ketel, Hessel Oosterbeek, Bas van der Klaauw
• DP13032 - Bank Resolution and the Structure of Global Banks
  Patrick Bolton, Martin Oehmke
• DP13031 - The Emergence of Weak, Despotic and Inclusive States
  Daron Acemoglu, James A Robinson
• DP13030 - Social Structure and Conflict: Evidence from Sub-Saharan Africa
  Jacob Moscona, Nathan Nunn, James A Robinson
• DP13029 - Option Prices and Costly Short-Selling
  Adem Atmaz, Suleyman Basak
• DP13028 - Identification of causal mechanisms based on between-subject double randomization designs
  Renate Strobl, Conny Wunsch

June 2018

• DP13027 - Inflation Dynamics and Price Flexibility in the UK
  Lasse de la Porte Simonsen, Ivan Petrella, Emiliano Santoro
• DP13026 - Credit Shocks, Employment Protection, and Growth: Firm-level Evidence from Spain
  Luc Laeven, Peter McAdam, Alexander Popov
• DP13025 - Tax-Exempt Lobbying: Corporate Philanthropy as a Tool for Political Influence
  Marianne Bertrand, Matilde Bombardini, Raymond Fisman, Francesco Trebbi
• DP13024 - Coming apart? Cultural distances in the United States over time
  Marianne Bertrand, Emir Kamenica
• DP13023 - The Big Sort: Selective Migration and the Decline of Northern England, 1780-2018
  Gregory Clark, Neil Cummins
• DP13022 - The importance of consumer multi-homing (joint purchases) for marketperformance: mergers and entry in media markets
  Simon P Anderson, Øystein Foros, Hans Jarle Kind
• DP13021 - Landmines and Spatial Development
  Giorgio Chiovelli, Stelios Michalopoulos, Elias Papaioannou
• DP13020 - Foreign-Law Bonds: Can They Reduce Sovereign Borrowing Costs?
  Marcos Chamon, Julian Schumacher, Christoph Trebesch
• DP13019 - Tactical Target Date Funds
  Francisco J Gomes, Alexander Michaelides, Yuxin Zhang
• DP13018 - The Scope of Sequential Screening with Ex-Post Participation Constraints
  Dirk Bergemann, Francisco Castro, Gabriel Weintraub
• DP13017 - The Network Effects of Fiscal Adjustments
  Edoardo Briganti, Carlo A. Favero, Madina Karamysheva
• DP13016 - Financial and Fiscal Interaction in the Euro Area Crisis: This Time was Different
  Alberto Caruso, Lucrezia Reichlin, Giovanni Ricco
• DP13015 - Testing the Waters: Behavior across Participant Pools
  Erik Snowberg, Leeat Yariv
• DP13014 - Crime, Broken Families, and Punishment
  Emeline Bezin, Thierry Verdier, Yves Zenou
• DP13013 - The Slope of the Term Structure and Recessions: The Pre-Fed Evidence, 1857-1913
  Stefan Gerlach, Rebecca Stuart
• DP13012 - Path Dependency in Jury Decision-Making
  Anna Bindler, Randi Hjalmarsson
• DP13011 - Diversity and Growth
  Mark Gradstein, Moshe Justman
• DP13010 - Why Have Negative Nominal Interest Rates Had Such a Small Effect on Bank Performance? Cross Country Evidence
  Jose A Lopez, Andrew K Rose, Mark Spiegel
• DP13009 - Global Market Power
  Jan De Loecker, Jan Eeckhout
• DP13008 - Corporate Borrowing and Debt Maturity: The Effects of Market Access and Crises
  Juan José Cortina, Tatiana Didier, Sergio Schmukler
• DP13007 - Adverse Selection, Efficiency and the Structure of Information
  Heski Bar-Isaac, Ian Jewitt, Clare Leaver
• DP13006 - Unbundling Macroeconomics via Heterogeneous Agents and Input-Output Networks
  David Rezza Baqaee, Emmanuel Farhi
• DP13005 - The regional effects of Germany's national minimum wage
  Gabriel Ahlfeldt, Duncan Roth, Tobias Seidel
• DP13004 - Consumer Scores and Price Discrimination
  Alessandro Bonatti, Gonzalo Cisternas
• DP13003 - Central Bank Swap Lines
  Saleem Bahaj, Ricardo Reis
• DP13002 - The Economics of Language
  Victor Ginsburgh, Shlomo Weber
• DP13001 - Managing Trade: Evidence from China and the US
  Nicholas Bloom, Kalina Manova, Stephen Teng Sun, John Van Reenen, Zhihong Yu
• DP13000 - Oligopoly, Macroeconomic Performance, and Competition Policy
  José Azar, Xavier Vives
• DP12999 - The Financial Transmission of Housing Bubbles: Evidence from Spain
  Alberto Martín, Enrique Moral-Benito, Tom Schmitz
• DP12998 - Financial Globalization and the Welfare State
  Assaf Razin, Efraim Sadka
• DP12997 - Financing Durable Assets
  Adriano A. Rampini
• DP12996 - Does Voluntary Risk Taking Affect Solidarity? Experimental Evidence from Kenya
  Renate Strobl, Conny Wunsch
• DP12995 - Risky Choices and Solidarity: Why Experimental Design Matters
  Renate Strobl, Conny Wunsch
• DP12994 - Bank Lending in the Knowledge Economy
  Giovanni DellAriccia, Dalida Kadyrzhanova, ratnovski lev, Camelia Minoiu
• DP12993 - Uncertain altruism and non-linear long-term care policies
  Chiara Canta, Helmuth Cremer
• DP12992 - Torn Apart? The Impact of Manufacturing Employment Decline on Black and White Americans
  Eric D Gould
• DP12991 - Are Rushed Privatizations Substandard? Analyzing Firm-level Privatization under Fiscal Pressure
  Jan Hagemejer, Jan Svejnar, Joanna Tyrowicz
• DP12990 - Financing the War on Cancer
  Ralph Koijen, Stijn van Nieuwerburgh
• DP12989 - Measuring Unfair Inequality: Reconciling Equality of Opportunity and Freedom from Poverty
  Paul Hufe, Ravi Kanbur, Andreas Peichl
• DP12988 - Behavioral Industrial Organization
  Paul Heidhues, Botond Köszegi
• DP12987 - Human Capital Formation during the First Industrial Revolution: Evidence from the Use of Steam Engines
  Alexandra de Pleijt, Alessandro Nuvolari, Jacob Weisdorf
• DP12986 - Optimal Dynamic Matching
  Mariagiovanna Baccara, SangMok Lee, Leeat Yariv
• DP12985 - Choked by Red Tape? The Political Economy of Wasteful Trade Barriers
  Giovanni Maggi, Monika Mrázová, J Peter Neary
• DP12984 - Trust and Delegated Investing: A Money Doctors Experiment
  Maximilian Germann, Benjamin Loos, Martin Weber
• DP12983 - How EU Markets Became More Competitive Than US Markets: A Study of Institutional Drift
  German Gutierrez, Thomas Philippon
• DP12982 - The Money View Versus the Credit View
  Sarah S. Baker, J David López-Salido, Edward Nelson
• DP12981 - Optimal Inflation and the Identification of the Phillips Curve
  Michael McLeay, Silvana Tenreyro
• DP12980 - Instrumental Variables in the Long Run
  Gregory Casey, Marc Klemp
• DP12979 - Financial Incentives and Earnings of Disability Insurance Recipients: Evidence from a Notch Design
  Philippe Ruh, Stefan Staubli
• DP12978 - What is a foreign firm? Implications for productivity spillovers
  Lisbeth La Cour, Sara McGaughey, Pascalis Raimondos
• DP12977 - Economic Shocks and Internal Migration
  Joan Monras
• DP12976 - Sovereign Default in a Monetary Union
  Sergio de Ferra, Federica Romei
• DP12975 - Forced Migration and Human Capital: Evidence from Post-WWII Population Transfers
  Sascha O. Becker, Irena Grosfeld, Pauline Grosjean, Nico Voigtländer, Ekaterina Zhuravskaya
• DP12974 - Automation and Unemployment: Help is on the Way
  Hideki Nakamura, Joseph Zeira
• DP12973 - International Currencies and Capital Allocation
  Matteo Maggiori, Brent Neiman, Jesse Schreger
• DP12972 - Accounting for Mismatch Unemployment
  Benedikt Herz, Thijs van Rens
• DP12971 - Model-Free International Stochastic Discount Factors
  Paula Mirela Sandulescu, Fabio Trojani, Andrea Vedolin
• DP12970 - Central Bank Communication and the Yield Curve
  Matteo Leombroni, Andrea Vedolin, Gyuri Venter, Paul Whelan
• DP12969 - Global financial cycles and risk premiums
  Óscar Jordá, Moritz Schularick, Alan M. Taylor, Felix Ward
• DP12968 - Monetary Policy Analysis when Planning Horizons are Finite
  Michael Woodford
• DP12967 - Price stickiness along the income distribution and the effects of monetary policy
  Javier Cravino, Ting Lan, Andrei A. Levchenko

May 2018

• DP12966 - Open Rule Legislative Bargaining
  Hans Gersbach, Britz Volker
• DP12965 - The term structure of redenomination risk
  Christian Bayer, Chi Kim, Alexander Kriwoluzky
• DP12964 - Revenue Guarantee Equivalence
  Dirk Bergemann, Benjamin A Brooks, Stephen Morris
• DP12963 - All-Pay Oligopolies: Price Competition with Unobservable Inventory Choices
  João Montez, Nicolas Schutz
• DP12962 - Taxes and Growth: New Narrative Evidence from Interwar Britain
  James Cloyne, Nicholas Dimsdale, Natacha Postel-Vinay
• DP12961 - The Role of Technology in Mortgage Lending
  Andreas Fuster, Matthew Plosser, Philipp Schnabl, James Vickery
• DP12960 - Fiscal Multipliers and Foreign Holdings of Public Debt
  Fernando A Broner, Daragh Clancy, Aitor Erce, Alberto Martín
• DP12959 - New Directions in Measuring Intergenerational Mobility
  Maia Güell, José Vicente Rodríguez Mora, Gary Solon
• DP12958 - Structural Estimation of a Model of School Choices: the Boston Mechanism vs. Its Alternatives
  Caterina Calsamiglia, Chao Fu, Maia Güell
• DP12957 - Myths and Numbers on Whistleblower Rewards
  Theo Nyrerod, Giancarlo Spagnolo
• DP12956 - The Lost Human Capital: Teacher Knowledge and Student Learning in Africa
  Tessa Bold, Deon Filmer, Ezequiel Molina, Jakob Svensson
• DP12955 - Determining the Extent of Statistical Discrimination: Evidence from a field experiment in India
  Asadul Islam, Debayan Pakrashi, Liang Choon Wang, Yves Zenou
• DP12954 - Currency Unions, Trade, and Heterogeneity
  Natalie Chen, Dennis Novy
• DP12953 - Who Benefits From Productivity Growth? Direct and Indirect Effects of Local TFP Growth on Wages, Rents, and Inequality
  Richard Hornbeck, Enrico Moretti
• DP12952 - The Optimum Quantity of Capital and Debt
  Ömer Acikgöz, Marcus Hagedorn, Hans Holter, Yikai Wang
• DP12951 - Uncertainty and Hyperinflation: European Inflation Dynamics after World War I
  Jose A Lopez, Kris James Mitchener
• DP12950 - Banking on Deposits: Maturity Transformation without Interest Rate Risk
  Itamar Drechsler, Alexi Savov, Philipp Schnabl
• DP12949 - Big Data, artificial intelligence and the geography of entrepreneurship in the United States
  Tobias Ebert, Johannes C. Eichstaedt, Neil Lee, Martin Obschonka, Andrés Rodríguez-Pose
• DP12947 - The Cultural Divide
  Klaus Desmet, Romain Wacziarg
• DP12946 - Managerial Spillovers in Project Selection
  Alejandro Francetich, Alfonso Gambardella
• DP12945 - Retail Discrimination in Search Markets
  Maarten Janssen
• DP12944 - Global Crises and Populism: the Role of Eurozone Institutions
  Luigi Guiso, Helios Herrera, Massimo Morelli, Tommaso Sonno
• DP12943 - The Real Exchange Rate, Innovation and Productivity: Regional Heterogeneity, Asymmetries and Hysteresis
  Laura Alfaro, Alejandro Cuñat, Harald Fadinger, Yanping Liu
• DP12942 - Geography, Ties, and Knowledge Flows: Evidence from Citations in Mathematics
  Keith Head, Yao Amber Li, Asier Minondo
• DP12941 - Accountability, Political Capture and Selection into Politics: Evidence from Peruvian Municipalities
  Gianmarco León
• DP12940 - Misfits in the car industry: Offshore assembly decisions at the variety level
  Keith Head, Thierry Mayer
• DP12937 - Leaning Against Housing Prices as Robustly Optimal Monetary Policy
  Klaus Adam, Michael Woodford
• DP12936 - Price Customization and Targeting in Platform Markets
  Renato Gomes, Alessandro Pavan
• DP12935 - Pauvreté, Egalité, Mortalité: Mortality (In)Equality in France and the United States
  Janet Currie, Hannes Schwandt, Josselin Thuilliez
• DP12934 - Specification tests for non-Gaussian maximum likelihood estimators
  Gabriele Fiorentini, Enrique Sentana
• DP12933 - Foreign Currency Bank Funding and Global Factors
  Signe Krogstrup, Cédric Tille
• DP12932 - Corporate Profit Taxes, Capital Expenditure and Real Wages: The analytics behind a contentious debate
  Willem H. Buiter, Anne Sibert
• DP12931 - Does Public Debt Crowd Out Corporate Investment? International Evidence
  Yi Huang, Ugo Panizza, Richard Varghese
• DP12930 - Sufficient Statistics for Unobserved Heterogeneity in Structural Dynamic Logit Models
  Victor Aguirregabiria, Jiaying Gu, Yao Luo
• DP12929 - Working Moms, Childlessness, and Female Identity
  Andreas Steinhauer
• DP12928 - Being Stranded on the Carbon Bubble? Climate Policy Risk and the Pricing of Bank Loans
  Kathrin de Greiff, Manthos Delis, Steven Ongena
• DP12927 - Communication with Evidence in the Lab
  Jeanne Hagenbach, Eduardo Perez-Richet
• DP12926 - Estimating Latent Asset-Pricing Factors
  Martin Lettau, Markus Pelger
• DP12925 - Employer Power, Labor Saving Technical Change, and Inequality
  Nancy H Chau, Ravi Kanbur
• DP12924 - Price-cost tests and loyalty discounts
  Giacomo Calzolari, Vincenzo Denicolò
• DP12923 - Come Together: Firm Boundaries and Delegation
  Laura Alfaro, Nicholas Bloom, Paola Conconi, Harald Fadinger, Patrick Legros, Andrew Newman, Raffaella Sadun, John Van Reenen
• DP12922 - Cascading Failures in Production Networks
  David Rezza Baqaee
• DP12921 - The Dynamics of Sovereign Debt Crises and Bailouts
  Francisco Roch, Harald Uhlig
• DP12920 - Well-being Inequality in the Long Run
  Leandro Prados de la Escosura
• DP12919 - Changing the Structure of Minimum Wages: Firm Adjustment and Wage Spillovers
  Giulia Giupponi, Steve Machin
• DP12918 - One Way to the Top: How Services Boost the Demand for Goods
  Andrea Ariu, Florian Mayneris, Mathieu Parenti
• DP12917 - Spatial competition and quality: Evidence from the English family doctor market
  Hugh S Gravelle, Dan Liu, Carol Propper, Rita Santos
• DP12916 - Hysteresis and the Welfare Effect of Corrective Policies: Theory and Evidence from an Energy-Saving Program
  Francisco Costa, Francois Gerard
• DP12915 - Statistical Discrimination and Affirmative Action in the Lab
  Ahrash Dianat, Federico Echenique, Leeat Yariv
• DP12914 - Nonlinear Incentives and Advisor Bias
  Roman Inderst
• DP12913 - The Rise of Shadow Banking: Evidence from Capital Regulation
  Rustom M Irani, Rajkamal Iyer, Ralf Meisenzahl, José Luis Peydró
• DP12912 - Housing Constraints and Spatial Misallocation
  Chang-Tai Hsieh, Enrico Moretti
• DP12911 - Inference in Structural Vector Autoregressions When the Identifying Assumptions are Not Fully Believed: Re-evaluating the Role of Monetary Policy in Economic Fluctuations
  Christiane Baumeister, James Hamilton
• DP12910 - Fading Choice: Transport Costs and Variety in Consumer Goods
  Jan Willem Gunning, Pramila Krishnan, Andualem Telaye Mengistu
• DP12909 - Ancestral characteristics of modern populations
  Paola Giuliano, Nathan Nunn
• DP12908 - Does the framing of patient cost-sharing incentives matter? The effects of deductibles vs. no-claim refunds
  Arthur Hayen, Tobias Klein, Martin Salm
• DP12907 - How Hard Is It to Maximise Profit? Evidence from a 19-th Century Italian State Monopoly
  Carlo Ciccarelli, Gianni De Fraja, Silvia Tiezzi
• DP12906 - Asymmetric Inflation Expectations, Downward Rigidity of Wages, and Asymmetric Business Cycles
  David Rezza Baqaee
• DP12905 - An Aggregative Games Approach to Merger Analysis in Multiproduct-Firm Oligopoly
  Volker Nocke, Nicolas Schutz
• DP12904 - Sales Performance and Social Preferences
  Markus , Andrea Essl, Michael Kosfeld, Frauke Von Bieberstein
• DP12903 - Fiscal and Monetary Regimes: A Strategic Approach
  Jean Barthelemy, Guillaume Plantin
• DP12902 - Market integration from measurement to economic analysis: a survey of the recent literature
  Giovanni Federico

Avril 2018

• DP12901 - Open source hardware as a profit-maximizing strategy of downstream firms
  Alfonso Gambardella, Eric von Hippel
• DP12900 - Institutional Investors and Information Acquisition: Implications for Asset Prices and Informational Efficiency
  Matthijs Breugem, Adrian Buss
• DP12899 - The Impact of Product Recalls on the Secondary Market:Evidence from Dieselgate
  Itai Ater, Nir Yosef
• DP12898 - Forecaster (Mis-)Behavior
  Tobias Broer, Alexandre Kohlhas
• DP12897 - Globalization, Government Popularity, and the Great Skill Divide
  Cevat Giray Aksoy, Sergei Guriev, Daniel Treisman
• DP12896 - Time vs. State in Insurance: Experimental Evidence from Contract Farming in Kenya
  Lorenzo Casaburi, Jack Willis
• DP12895 - Somatic distance, cultural affinities, trust and trade
  Jacques Melitz, Farid Toubal
• DP12894 - The Paradox of Global Thrift
  Luca Fornaro, Federica Romei
• DP12893 - Multihorizon Currency Returns and Purchasing Power Parity
  Mikhail Chernov, Drew Creal
• DP12892 - Loyalty Shares with Tenure Voting - a Coasian bargain? Evidence from the LoiFlorange Experiment
  Marco Becht, Yuliya Kamisarenka, Anete Pajuste
• DP12891 - Networks and Trade
  Andrew B. Bernard, Andreas Moxnes
• DP12890 - A Practical Guide to Parallelization in Economics
  Jesús Fernández-Villaverde, David Zarruk Valencia
• DP12889 - Place-Based Policies for Development
  Gilles Duranton, Anthony J Venables
• DP12888 - Innovation and Trade Policy in a Globalized World
  Ufuk Akcigit, Sina T. Ates, Giammario Impullitti
• DP12887 - It's not always best to be first
  Aner Sela
• DP12886 - The effects of official and unofficial information on tax compliance
  Filomena Garcia, Rafael Marques, Luca David Opromolla, Andrea Vezzulli
• DP12885 - Pockets of Predictability
  Leland Farmer, Lawrence Schmidt, Allan G Timmermann
• DP12884 - Childbearing Postponement, its Option Value, and the Biological Clock
  David de la Croix, Aude Pommeret
• DP12883 - Options and the Gamma Knife
  Ian Martin
• DP12882 - Firm-to-firm Connections in Colombian Imports
  Andrew B. Bernard, Esther Boler, Swati Dhingra
• DP12881 - Debt Overhang, Rollover Risk, and Corporate Investment: Evidence from the European Crisis
  Sebnem Kalemli-Ozcan, Luc Laeven, David Moreno
• DP12880 - How Should Capital Be Taxed? Theory and Evidence from Sweden
  Spencer Bastani, Daniel Waldenström
• DP12879 - Measuring Market Power in Gasoline Retailing: A Market- or Station Phenomenon?
  Mai Nguyen-Ones, Frode Steen
• DP12878 - A woman's touch? Female migration and economic development in the United States
  Neil Lee, Andrés Rodríguez-Pose, Viola von Berlepsch
• DP12877 - Globalisation and Urban Polarisation
  Anthony J Venables
• DP12876 - On the heterogeneous effects of market access barriers: evidence from small and large Peruvian exporters
  Marco Fugazza, Marcelo Olarreaga, Cristian Ugarte
• DP12875 - Fiscal Transfers in the Spatial Economy
  Marcel Henkel, Tobias Seidel, Jens Südekum
• DP12874 - Social Clubs and Social Networks
  Chaim Fershtman, Dotan Persitz
• DP12873 - Socially Optimal Wealth Inequality
  Pietro Reichlin
• DP12872 - Instrument-Based vs. Target-Based Rules
  Marina Halac, Pierre Yared
• DP12871 - Chasing Private Information
  Marcin Kacperczyk, Emiliano Pagnotta
• DP12870 - Investor Sophistication and Capital Income Inequality
  Marcin Kacperczyk, Jaromir Nosal, Luminita Stevens
• DP12869 - Accounting Noise and the Pricing of Cocos
  Mike Derksen, Peter Spreij, Sweder van Wijnbergen
• DP12868 - Local High-Tech Job Multipliers in Europe
  Maarten Goos, Jozef Konings, Marieke Vandeweyer
• DP12867 - The Biases of Others: Projection Equilibrium in an Agency Setting
  David Danz, Kristóf Madarász, Stephanie Wang
• DP12866 - Market Entry, Fighting Brands and Tacit Collusion: The Case of the French Mobile Telecommunications Market
  Marc Bourreau, Yutec Sun, Frank Verboven
• DP12865 - Corporate foreign bond issuance and interfirm loans in China
  Yi Huang, Ugo Panizza, Richard Portes
• DP12864 - Entrusted Loans: A Close Look at China's Shadow Banking System
  Franklin Allen, Yiming Qian, Guoqian Tu, Frank Yu
• DP12863 - Understanding Informal Financing
  Franklin Allen, Meijun Qian, Jing Xie
• DP12862 - The Interplay between Regulations and Financial Stability
  Franklin Allen, Xian Gu
• DP12861 - The Interplay between Financial Regulations, Resilience, and Growth
  Franklin Allen, Itay Goldstein, Julapa Jagtiani
• DP12860 - Mobility with private information and privacy suppression
  Saara Hämäläinen, Vaiva Petrikaite
• DP12859 - Financial Structure, Economic Growth and Development
  Franklin Allen, Xian Gu, Oskar Kowalewski
• DP12858 - Forward Guidance
  Marcus Hagedorn, Jinfeng Luo, Iourii Manovskii, Kurt Mitman
• DP12857 - Sovereign credit risk and exchange rates: Evidence from CDS quanto spreads
  Patrick Augustin, Mikhail Chernov, Dongho Song
• DP12856 -Traditional agricultural practices and the sex ratio today
  Alberto Alesina, Paola Giuliano, Nathan Nunn
• DP12855 - Financing Insurance
  Adriano A. Rampini, S. Viswanathan
• DP12854 - Spatial Diffusion of Economic Shocks in Networks
  Ashani Amarasinghe, Roland Hodler, Paul A. Raschky, Yves Zenou
• DP12853 - Competition in health care markets: treatment volume and quality
  Jan Boone
• DP12852 - Mortgage-Backed Securities and the Financial Crisis of 2008: a Post Mortem
  Juan Ospina, Harald Uhlig
• DP12851 - Career Risk and Market Discipline in Asset Management
  Andrew Ellul, Marco Pagano, Annalisa Scognamiglio
• DP12850 - Exchange Rate Misalignment, Capital Flows, and Optimal Monetary Policy Trade-offs
  Giancarlo Corsetti, Luca Dedola, Sylvain Leduc
• DP12849 - Insurers as Asset Managers and Systemic Risk
  Jotikasthira Chotibhak, Andrew Ellul, Anastasia Kartasheva, Christian Lundblad, Wolf Wagner
• DP12848 - The Political Impact of Immigration: Evidence from the United States
  Anna Maria Mayda, Giovanni Peri, Walter Steingress
• DP12847 - The option value of vacant land and the optimal timing of city extensions
  Rutger-Jan Lange, Coen N Teulings
• DP12846 - The Fall in German Unemployment: A Flow Analysis
  Carlos Carrillo-Tudela, Andrey Launov, Jean-Marc Robin
• DP12845 - The Propagation of Regional Shocks in Housing Markets: Evidence from Oil Price Shocks in Canada
  Lutz Kilian, Xiaoqing Zhou
• DP12844 - The Cost of Non-Europe, Revisited
  Thierry Mayer, Vincent Vicard, Soledad Zignago
• DP12843 - The IT Revolution and Southern Europe's Two Lost Decades
  Fabiano Schivardi, Tom Schmitz
• DP12842 - Immigrants' Residential Choices and Their Consequences
  Christoph Albert, Joan Monras
• DP12841 - Regional inequality in Europe: evidence, theory and policy implications
  Simona Iammarino, Andrés Rodríguez-Pose, Michael Storper
• DP12840 - Towards economically dynamic Special Economic Zones in emerging countries
  Susanne A. Frick, Andrés Rodríguez-Pose, Michael D. Wong
• DP12839 - New Perspectives on the Decline of US Manufacturing Employment
  Teresa C Fort, Justin Pierce, Peter K. Schott
• DP12838 - Dangers of a Double-Bottom Line: A Poverty Targeting Experiment Misses Both Targets
  Dean S. Karlan, Adam Osman, Jonathan Zinman

Mars 2018

• DP12837 - On real interest rates, tariff policy, exchange rates and the ZLB
  Sweder van Wijnbergen
• DP12836 - Pay for locally monitored performance? A welfare analysis for teacher attendance in Ugandan primary schools
  Jacobus Cilliers, Ibrahim Kasirye, Clare Leaver, Pieter Serneels, Andrew Zeitlin
• DP12835 - Firm Sorting and Agglomeration
  Cécile Gaubert
• DP12834 - Waiting for my neighbors
  Sidartha Gordon, Emeric Henry, Pauli Murto
• DP12833 - Central Banks Going Long
  Ricardo Reis
• DP12832 - Missed Sales and the Pricing of Ancillary Goods
  Renato Gomes, Jean Tirole
• DP12831 - Some simple Bitcoin Economics
  Linda Schilling, Harald Uhlig
• DP12830 - Winning by Losing: Evidence on the Long-Run Effects of Mergers
  Ulrike Malmendier, Enrico Moretti, Florian Peters
• DP12829 - Firms and Economic Performance: A View from Trade
  Alessandra Bonfiglioli, Rosario Crinò, Gino A Gancia
• DP12828 - How Much Consumption Insurance in Bewley Models with Endogenous Family Labor Supply?
  Dirk Krueger, Chunzan Wu
• DP12827 - The Levered Equity Risk Premium and Credit Spreads: A Unified Framework
  Harjoat Singh Bhamra, Lars-Alexander Kuehn, Ilya Strebulaev
• DP12826 - Independent fiscal councils: recent trends and performance
  Roel Beetsma, Xavier Debrun, Xiangming Fang, Young Kim, Victor Lledo, Samba MBaye, Xiaoxiao Zhang
• DP12825 - The Role of Financial Policy
  Roger E A Farmer
• DP12824 - Volatility, diversification and contagion
  Enrique Sentana
• DP12823 - A Model of Search with Price Discrimination
  Natalia Fabra
• DP12822 - Capital-Skill Complementarity and the Emergence of Labor Emancipation
  Quamrul Ashraf, Francesco Cinnirella, Oded Galor, Boris Gershman, Erik Hornung
• DP12821 - Resource Misallocation in European Firms: The Role of Constraints, Firm Characteristics and Managerial Decisions
  Yuriy Gorodnichenko, Debora Revoltella, Jan Svejnar, Christoph Weiss
• DP12820 - The Political Economy of Ideas: On Ideas versus Interests in Policymaking
  Sharun Mukand, Dani Rodrik
• DP12819 - Dancing with the Stars: Innovation through Interactions
  Ufuk Akcigit, Santiago Caicedo Soler, Ernest Miguelez, Stefanie Stantcheva, Valerio Sterzi
• DP12818 - Property rights on First Nations' reserve land
  Fernando Aragon, Anke Kessler
• DP12817 - Hedger of Last Resort: Evidence from Brazilian FX Interventions, Local Credit and Global Financial Cycles
  Rodrigo Barbone Gonzalez, Dmitry Khametshin, José Luis Peydró, Andrea Polo
• DP12816 - On The Volume of Redistribution: Across Income Levels and Across Groups
  Ravi Kanbur
• DP12815 - How long do healthy habits last? The role of prices
  Marit Hinnosaar
• DP12814 - The Value of a Statistical Life in a Dictatorship: Evidence from Stalin
  Castaneda Dower, Andrei Markevich, Shlomo Weber
• DP12813 - Search and Equilibrium Prices: Theory and Evidence from Retail Diesel
  Luís M B Cabral, Dominik Schober, Oliver Woll
• DP12812 - Complementarity, Income, and Substitution: A U(C,N) Utility for Macro
  Florin Ovidiu Bilbiie
• DP12811 - Can autocracy promote literacy? evidence from a cultural alignment success story
  Nuno Pedro G. Palma, Jaime Brown Reis
• DP12810 - Randomizing Religion: The Impact of Protestant Evangelism on Economic Outcomes
  Gharad Bryan, James Choi, Dean S. Karlan
• DP12809 - International Joint Ventures and Internal versus External Technology Transfer: Evidence from China
  Kun Jiang, Wolfgang Keller, Larry Qiu, William Ridley
• DP12808 - Real Interest Rates and Productivity in Small Open Economies
  Tommaso Monacelli, Luca Sala, Daniele Siena
• DP12807 - From Welfare to Warfare: New Deal Spending and Patriotism During World War II
  Bruno Caprettini, Fabio Schmidt-Fischbach, Hans-Joachim Voth
• DP12806 - From Finance to Extremism: The Real Effects of Germany's 1931 Banking Crisis
  Sebastian Doerr, Stefan Gissler, José Luis Peydró, Hans-Joachim Voth
• DP12805 - News and Archival Information in Games
  Ran Spiegler
• DP12804 - Incentive Compatible Estimators
  Kfir Eliaz, Ran Spiegler
• DP12803 - Power to the Periphery? The failure of Regional Convergence in Canada, 1890-2006
  Chris Minns, Joan R. Rosés
• DP12802 - Benefit reentitlement conditions in unemployment insurance schemes
  Torben M Andersen, Kristoffersen, Michael Svarer
• DP12801 - Guns, Environment, and Abortion: How Single-Minded Voters Shape Politicians' Decisions
  Laurent Bouton, Paola Conconi, Francisco Pino, Maurizio Zanardi
• DP12800 - Financial Intermediary Capital
  Adriano A. Rampini, S. Viswanathan
• DP12799 - Income Inequality in France, 1900-2014: Evidence from Distributional National Accounts (DINA)
  Bertrand Garbinti, Jonathan Goupille-Lebret, Thomas Piketty
• DP12798 - Forensics, Elasticities and Benford's Law: Detecting Tax Fraud in International Trade
  Beata Javorcik, Banu Demir Pakel
• DP12797 - Policy Experimentation, Redistribution and Voting Rules
  Vincent Anesi, T. Renee Bowen
• DP12796 - Effectiveness of Connected Legislators
  Marco Battaglini, Valerio Leone Sciabolazza, Eleonora Patacchini
• DP12795 - Beyond Tariff Reductions: What Extra Boost From Trade Agreement Provisions?
  Swati Dhingra, Rebecca Freeman, Eleonora Mavroeidi
• DP12794 - On the Direct and Indirect Real Effects of Credit Supply Shocks
  Laura Alfaro, Manuel García-Santana, Enrique Moral-Benito
• DP12793 - The Search for a Euro Area Safe Asset
  Alvaro Leandro, Jeromin Zettelmeyer
• DP12792 - Recovering Social Networks from Panel Data: Identification, Simulations and an Application
  Áureo De Paula, Imran Rasul, Pedro Souza
• DP12791 - Regulatory Competition in Banking: A General Equilibrium Approach
  Hans Gersbach, Hans Haller, Stylianos Papageorgiou
• DP12790 - What drives the legalization of immigrants? Evidence from IRCA
  Alessandra Casarico, Giovanni Facchini, Tommaso Frattini
• DP12789 - A Theory of Small Campaign Contributions
  Laurent Bouton, Micael Castanheira, Allan Drazen
• DP12788 - The US Gains From Trade: Valuation Using the Demand for Foreign Factor Services
  Arnaud Costinot, Andres Rodriguez-Clare
• DP12787 - Equilibrium Indeterminacy with Parental Altruism
  Pietro Reichlin
• DP12786 - The Dynamic Effects of Computerized VAT Invoices on Chinese Manufacturing Firms
  Haichao Fan, Yu Liu, Nancy Qian, Jaya Wen
• DP12785 - Democratic Tipping Points
  Antonio Ciccone
• DP12784 - Debt Overhang and Investment Efficiency
  Francesca Barbiero, Alexander Popov, Marcin Wolski
• DP12783 - BKK the EZ Way. International Long-Run Growth News and Capital Flows.
  Riccardo Colacito, Mariano Massimiliano Croce, Steven Ho, Philip Howard
• DP12782 - Specializing in Generality: Firm Strategies When Intermediate Markets Work
  Raffaele Conti, Alfonso Gambardella, Elena Novelli
• DP12781 - Tax Evasion and Inequality
  Annette Alstadsaeter, Niels Johannesen, Gabriel Zucman
• DP12780 - Wealth Taxation and Wealth Accumulation: Theory and Evidence from Denmark
  Katrine Jakobsen, Kristian Jakobsen, Henrik Kleven, Gabriel Zucman
• DP12779 - Who Owns the Wealth in Tax Havens? Macro Evidence and Implications for Global Inequality
  Annette Alstadsaeter, Niels Johannesen, Gabriel Zucman
• DP12778 - Capital Markets and Grain Prices: Assessing the Storage Cost Approach
  Wolfgang Keller, Carol H Shiue, Xin Wang
• DP12777 - Sovereign Defaults in Court
  Henrik Enderlein, Julian Schumacher, Christoph Trebesch
• DP12776 - The Informational Effects of Tightening Oil and Gas Disclosure Rules
  Marc Badia, Miguel Duro, Bjorn N. Jorgensen, Gaizka Ormazabal
• DP12775 - The Role of Stakeholders in Corporate Governance: A View from Accounting Research
  Gaizka Ormazabal
• DP12774 - Race, Representation and Local Governments in the US South: the effect of the Voting Rights Act
  Andrea Bernini, Giovanni Facchini, Cecilia Testa
• DP12773 - Horizontal Mergers and Innovation
  Bruno Jullien, Yassine Lefouili
• DP12772 - The Legacy of Colonial Medicine in Central Africa
  Sara Rachel Lowes, Eduardo Montero
• DP12771 - E-Commerce Integration and Economic Development: Evidence from China
  Victor Couture, Benjamin Faber, Yizhen Gu, Lizhi Liu
• DP12770 - The Household Fallacy
  Roger E A Farmer, Pawel Zabczyk
• DP12769 - Prices and Inflation when Government Bonds are Net Wealth
  Marcus Hagedorn
• DP12768 - Plotting interest rates: The FOMC's projections and the economy
  Stefan Gerlach, Rebecca Stuart
• DP12767 - Common Factors of Commodity Prices
  Simona Delle Chiaie, Laurent Ferrara, Domenico Giannone
• DP12766 - Macroprudential FX Regulations: Shifting the Snowbanks of FX Vulnerability?
  Toni Ahnert, Kristin Forbes, Christian Friedrich, Dennis Reinhardt
• DP12765 - Deconstructing Monetary Policy Surprises - The Role of Information Shocks
  Marek Jarocinski, Peter Karadi
• DP12764 - The Economics of Supranational Bank Supervision
  Thorsten Beck, Consuelo Silva-Buston, Wolf Wagner

Février 2018

• DP12763 - A Dialogue between a Populist and an Economist
  Tito Boeri, Prachi Mishra, Chris Papageorgiou, Antonio Spilimbergo
• DP12762 - Beauty Contests and the Term Structure
  Martin Ellison, Andreas Tischbirek
• DP12761 - The Capital Markets Union: Key Challenges
  Franklin Allen, Luboš Pástor
• DP12760 - Expected Stock Returns and the Correlation Risk Premium
  Adrian Buss, Lorenzo Schönleber, Grigory Vilkov
• DP12759 - Horizontal Mergers and Product Innovation
  Giulio Federico, Gregor Langus, Tommaso Valletti
• DP12758 - Global Alcohol Markets: Evolving Consumption Patterns, Regulations and Industrial Organizations
  Kym Anderson, Giulia Meloni, Johan Swinnen
• DP12757 - Learning from Nationally Determined Contributions
  Keigo Akimoto, Joseph Aldy, Lara Aleluia Reis, Carlo Carraro, Billy Pizer, Massimo Tavoni
• DP12756 - Government education expenditures, pre-primary education and school performance: A cross-country analysis
  Daniela Del Boca, Chiara Monfardini, Sarah See
• DP12755 - Financial Policy
  Dirk Niepelt
• DP12754 - Early Gender Gaps Among University Graduates
  Marco Francesconi, Matthias Parey
• DP12753 - Ramsey Taxation in the Global Economy
  V. V. Chari, Juan Pablo Nicolini, Pedro Teles
• DP12752 - Firm performance and participation in public procurement: Evidence from Sub-Saharan Africa
  Bernard Hoekman, Marco Sanfilippo
• DP12751 - Preventives Versus Treatments Redux: Tighter Bounds on Distortions in Innovation Incentives with an Application to the Global Demand for HIV Pharmaceuticals
  Michael Kremer, Christopher Snyder
• DP12750 - Sovereign Default: The Role of Expectations
  Ayres, Gaston Navarro, Juan Pablo Nicolini, Pedro Teles
• DP12749 - Regional Economic Development in Europe, 1900-2010: a description of the Patterns
  Joan R. Rosés, Nikolaus Wolf
• DP12748 - Firm-Specific Training
  Leonardo Felli, Christopher J Harris
• DP12747 - Computerizing Industries and Routinizing Jobs: Explaining Trends in Aggregate Productivity
  Sangmin Aum, Sang Yoon (Tim) Lee, Yongseok Shin
• DP12746 - War of the Waves: Radio and Resistance During World War II
  Stefano Gagliarducci, Massimiliano Onorato, Francesco Sobbrio, Guido Tabellini
• DP12745 - Roman Roads to Prosperity: Persistence and Non-Persistence of Public Goods Provision
  Carl-Johan Dalgaard, Nicolai Kaarsen, Ola Olsson, Pablo Selaya
• DP12744 - Childless Aristocrats. Inheritance and the extensive margin of fertility
  Paula Gobbi, Marc Goñi
• DP12743 - How Much Market Access? A Case study of Jordan's Exports to the EU
  Brunelin, Jaime de Melo, Alberto Portugal
• DP12742 - Loan Contract Structure and Adverse Selection: Survey Evidence from Uganda
  Selim Gulesci, Andreas Madestam, Miri Stryjan
• DP12741 - The Effects of Foreign Aid on Refugee Flows
  Axel Dreher, Andreas Fuchs, Sarah Langlotz
• DP12740 - The culture of overconfidence
  Venkataraman Bhaskar, Caroline Thomas
• DP12739 - Price Level Targeting with Evolving Credibility
  Seppo Honkapohja, Kaushik Mitra
• DP12738 - Do Dutch dentists extract monopoly rents?
  Nadine Ketel, Edwin Leuven, Hessel Oosterbeek, Bas van der Klaauw
• DP12737 - Liquidity Regimes and Optimal Dynamic Asset Allocation
  Pierre Collin-Dufresne, Kent Daniel, Mehmet Saglam
• DP12736 - The Effect of the H-1B Quota on the Employment and Selection of Foreign-Born Labor
  Anna Maria Mayda, Francesc Ortega, Giovanni Peri, Kevin Shih, Chad Sparber
• DP12735 - The labor market integration of refugees to the United States: Do entrepreneurs in the network help?
  Olivier Dagnelie, Anna Maria Mayda, Jean-François Maystadt
• DP12734 - Monetary Policy and Inequality under Labor Market Frictions and Capital-Skill Complementarity
  Juan J. Dolado, Gergo Motyovszki, Evi Pappa
• DP12733 - Learning When to Quit: An Empirical Model of Experimentation
  Bernhard Ganglmair, Timothy Simcoe, Emanuele Tarantino
• DP12732 - Does the Potential to Merge Reduce Competition?
  Dirk Hackbarth, Bart Taub
• DP12731 - The Greek Justice System: Collapse and Reform
  Stavroula Karatza, Elias Papaioannou
• DP12730 - Public Communication and Collusion in the Airline Industry
  Gaurab Aryal, Federico Ciliberto, Benjamin Leyden
• DP12729 - Unclogging the Credit Channel: on the Macroeconomics of Banking frictions
  Egle Jakucionyte, Sweder van Wijnbergen
• DP12728 - Exports and labor costs: Evidence from a French Policy
  Clément Malgouyres, Thierry Mayer
• DP12727 - Misallocation, Markups, and Technology
  Christian Bayer, Matthias Meier
• DP12726 - Understanding the Effects of Legalizing Undocumented Immigrants
  Ferran Elias, Joan Monras, Javier Vázquez Grenno
• DP12725 - Regional lobbying and Structural funds. Do regional representation offices in Brussels deliver?
  Julie Courty, Andrés Rodríguez-Pose
• DP12724 - Waiting for the payday? The market for startups and the timing of entrepreneurial exit
  Ashish Arora, Andrea Fosfuri, Thomas Rønde
• DP12723 - The Optimal Inflation Target and the Natural Rate of Interest
  Philippe Andrade, Jordi Galí, Hervé Lebihan, Julien Matheron
• DP12722 - Firms' Expectations of New Orders, Employment, Costs and Prices: Evidence from Micro Data
  Lena Boneva, James Cloyne, Martin Weale, Tomasz Wieladek
• DP12721 - AI as the next GPT: a Political-Economy Perspective
  Manuel Trajtenberg
• DP12720 - Agency Conflicts over the Short and Long Run: Short-termism, Long-termism, and Pay-for-Luck
  Sebastian Gryglewicz, Simon Mayer, Erwan Morellec
• DP12719 - Perceived Wages and the Gender Gap in STEM Fields
  Aderonke Osikominu, Gregor Pfeifer
• DP12718 - (The Struggle for) Refugee Integration into the Labour Market: Evidence from Europe
  Francesco Fasani, Tommaso Frattini, Luigi Minale
• DP12717 - Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk
  Dirk Krueger, Alexander Ludwig
• DP12716 - Quantile Factor Models
  Liang Chen, Juan J. Dolado, Jesus Gonzalo
• DP12715 - Banker My Neighbour: Matching and Financial Intermediation in Savings Groups
  Rachel Cassidy, Marcel Fafchamps
• DP12714 - Intuitive Donating: Testing One-Line Solicitations for $1 Donations in a Large Online Experiment
  Samantha Horn, Dean S. Karlan
• DP12713 - Uncertainty and Economic Activity: A Multi-Country Perspective
  Ambrogio Cesa-Bianchi, M Hashem Pesaran, Alessandro Rebucci
• DP12712 - The Price of Gold: Dowry and Death in India
  Sonia Bhalotra, Abhishek Chakravarty, Selim Gulesci
• DP12711 - "Since you're so rich, you must be really smart": Talent and the Finance Wage Premium
  Michael Böhm, Daniel Metzger, Per Johan Strömberg
• DP12710 - What Drives Aggregate Investment? Evidence from German Survey Data
  Rüdiger Bachmann, Peter Zorn
• DP12709 - Communication in Context: Interpreting Promises in an Experiment on Competition and Trust
  Alessandra Casella, Navin Kartik, Luis Sanchez, Sébastien Turban
• DP12708 - Differentiated Durable Goods Monopoly: A Robust Coase Conjecture
  Francesco Nava, Pasquale Schiraldi
• DP12707 - Decomposing Firm-Product Appeal: How important is Consumer Taste?
  Bee Yan Aw-Roberts, Yi Lee, Hylke Vandenbussche
• DP12706 - Delegated Expertise, Authority, and Communication
  Inga Deimen, Dezso Szalay
• DP12705 - The cost of non-TTIP: A Global Value Chain Approach.
  William Connell, Wouter Simons, Hylke Vandenbussche
• DP12704 - Taste for Science, Academic Boundary Spanning and Inventive Performance of Scientists and Engineers in Industry
  Sam Arts, Reinhilde Veugelers
• DP12703 - What Do Trade Agreements Really Do?
  Dani Rodrik
• DP12702 - Talent Development and Labour Market Integration: The Case of EU Football
  Pehr-Johan , Martin Olsson, Lars Persson
• DP12701 - Shift-Share Instruments and the Impact of Immigration
  David A Jaeger, Joakim Ruist, Jan Stuhler
• DP12700 - Evaluating the case for supporting renewable electricity
  David M G Newbery
• DP12699 - Dynamic Contracting with Limited Commitment and the Ratchet Effect
  Dino Gerardi
• DP12698 - Wage Inequality and Establishment Heterogeneity
  In Kyung Kim, Jozef Konings
• DP12697 - The Effect of Minority Veto Rights on Controller Tunneling
  Jesse Fried, Ehud Kamar, Yishay Yafeh
• DP12696 - Global Financial Cycles and the Exchange Rate Regime: A Perspective from Emerging Markets
  Maurice Obstfeld, Jonathan D. Ostry, Mahvash S. Qureshi
• DP12695 - Creative and science-oriented employees and firm-level innovation
  Antonia Birkeneder, Stephan Brunow, Andrés Rodríguez-Pose
• DP12694 - Safe Haven CDS Premiums
  David Lando
• DP12693 - Protectionism and the Business Cycle
  Alessandro Barattieri, Matteo Cacciatore, Fabio Ghironi
• DP12692 - Forecasting Methods in Finance
  Allan G Timmermann
• DP12691 - On the Empirical (Ir)Relevance of the Zero Lower Bound Constraint
  Davide Debortoli, Jordi Galí, Luca Gambetti
• DP12690 - Principle or Opportunism? Discretion, Capital, and Incentives
  Josef Falkinger, Michel Antoine Habib
• DP12689 - Market Discipline and Systemic Ris
  Alan Morrison, Ansgar Walther
• DP12688 - The corporate structure of multinational banks
  Gyöngyi Lóránth, Alan Morrison
• DP12687 - Risk Everywhere: Modeling and Managing Volatility
  Tim Bollerslev, Benjamin Hood, John Huss, Lasse Heje Pedersen
• DP12686 - Betting Against Correlation: Testing Theories of the Low-Risk Effect
  Clifford S. Asness, Andrea Frazzini, Niels Joachim Gormsen, Lasse Heje Pedersen
• DP12685 - Deep Value
  Clifford S. Asness, John M. Liew, Lasse Heje Pedersen, Ashwin K Thapar
• DP12684 - Size Matters, if You Control Your Junk
  Clifford S. Asness, Andrea Frazzini, Ronen Israel, Lasse Heje Pedersen
• DP12683 - Turbulence and Unemployment in Matching Models
  Isaac Baley, Lars Ljungqvist, Thomas J Sargent
• DP12682 - Consistent non-Gaussian pseudo maximum likelihood estimators
  Gabriele Fiorentini, Enrique Sentana
• DP12681 - Monetary Policy and Financial Conditions: A Cross-Country Study
  Tobias Adrian, Fernando Duarte, Federico Grinberg, Tommaso Mancini-Griffoli
• DP12680 - Financial Vulnerability and Monetary Policy
  Tobias Adrian, Fernando Duarte
• DP12679 - 'Getting to Denmark': the Role of Elites for Development
  Peter Sandholt Jensen, Markus Lampe, Paul Sharp, Christian Skovsgaard
• DP12678 - Financial spillovers of international monetary policy: Six hypotheses on the Latin American case, 2010-2016
  Sylvester C W Eijffinger, Jonathan Malagon
• DP12677 - Risk-Taking Channel of Monetary Policy
  Tobias Adrian, Arturo Estrella, Hyun Song Shin
• DP12676 - A Leverage-Based Measure of Financial Stability
  Tobias Adrian, Karol Jan Borowiecki, Alexander Tepper
• DP12675 - Does Early Child Care Affect Children's Development?
  Christina Felfe, Rafael Lalive
• DP12674 - Common Ownership, Competition, and Top Management Incentives
  Miguel , Florian Ederer, Mireia Gine, Martin Schmalz
• DP12673 - The Reform Dilemma in Polarized Democracies
  Hans Gersbach, Oriol Tejada
• DP12672 - Balanced Voting
  Hans Gersbach, Kamali Wickramage

Janvier 2018

• DP12671 - Monetary Policy and Asset Valuation
  Francesco Bianchi, Martin Lettau, Sydney Ludvigson
• DP12670 - The Nature of Firm Growth
  Benjamin Pugsley, Petr Sedlacek, Vincent Sterk
• DP12669 - Supply Shocks in the Market for Apprenticeships: Evidence from a German High School Reform
  Hans Dietrich, Samuel Muehlemann, Gerard Antonie Pfann, Harald Pfeifer
• DP12668 - Can Technology Undermine Macroprudential Regulation? Evidence from Peer-to-Peer Credit in China
  Fabio Braggion, Alberto Manconi, Haikun Zhu
• DP12667 - Integrability and Generalized Separability
  Thibault Fally
• DP12666 - Debt Traps? Market Vendors and Moneylender Debt in India and the Philippines
  Dean S. Karlan, Sendhil Mullainathan, Benjamin Roth
• DP12665 - Generalized Recovery
  David Lando, Lasse Heje Pedersen, Christian Skov Jensen
• DP12664 - Efficiently Inefficient Markets for Assets and Asset Management
  Nicolae Bogdan Garleanu, Lasse Heje Pedersen
• DP12663 - Disentangling Occupation- and Sector-specific Technological Change
  Zsofia Barany, Christian Siegel
• DP12662 - Israel's Immigration Story: Winners and Losers
  Assaf Razin
• DP12661 - News Shocks and the Production-Based Term Structure of Equity Returns
  Hengjie Ai, Mariano Massimiliano Croce, Anthony Diercks, Kai Li
• DP12660 - Ice(berg) transport costs
  Maarten Bosker, Eltjo Buringh
• DP12659 - The Microfinance Disappointment: An Explanation based on Risk Aversion
  Alexey Khazanov, Omer Moav, Zvika Neeman, Hosny Zoabi
• DP12658 - Show us your shorts!
  Bige Kahraman, Salil Pachare
• DP12657 - Paths to Convergence: Stock Price Behavior After Donald Trump's Election
  Alexander F Wagner, Richard Zeckhauser, Alexandre Ziegler
• DP12656 - Time-Consistently Undominated Policies
  Charles Brendon, Martin Ellison
• DP12655 - What do we know about the effects of austerity?
  Alberto Alesina, Carlo A. Favero, Francesco Giavazzi
• DP12654 - Exchange Rate Exposure and Firm Dynamics
  Juliana Salomao, Liliana Varela
• DP12653 - Unpacking a Multi-Faceted Program to Build Sustainable Income for the Very Poor
  Abhijit Banerjee, Dean S. Karlan, Robert Osei, Hannah Trachtman, Christopher Udry
• DP12652 - A Trendy Approach to UK Inflation Dynamics
  Kristin Forbes, Lewis Kirkham, Konstantinos Theodoridis
• DP12651 - Effects of Copyrights on Science - Evidence from the US Book Republication Program
  Barbara Biasi, Petra Moser
• DP12650 - Forward Guidance and Heterogeneous Beliefs
  Philippe Andrade, Gaetano Gaballo, Eric Mengus, Benoit Mojon
• DP12649 - On the Effect of Parallel Trade on Manufacturers' and Retailers' Profits in the Pharmaceutical Sector
  Pierre Dubois, Morten Saethre
• DP12648 - Reputations and credit ratings-evidence from commercial mortgage-backed securities
  Ramin P. Baghai, Bo Becker
• DP12647 - Policies for decarbonizing a liberalized power sector
  David M G Newbery
• DP12646 - Financial constraints, institutions, and foreign ownership
  Ron Alquist, Nicolas Berman, Rahul Mukherjee, Linda Tesar
• DP12645 - Supervising Relational Contracts
  Marta Troya Martinez, Liam Wren-Lewis
• DP12644 - Tourism and Economic Development: Evidence from Mexico's Coastline
  Benjamin Faber, Cécile Gaubert
• DP12643 - Pricing Assets in a Perpetual Youth Model
  Roger E A Farmer
• DP12642 - Pricing Carbon Under Economic and Climactic Risks: Leading-Order Results from Asymptotic Analysis
  Ton van den Bremer, Frederick van der Ploeg
• DP12641 - The Macroeconomics of Rational Bubbles: A User's Guide
  Alberto Martín, Jaume Ventura
• DP12640 - Persuasion with Correlation Neglect: Media Power via Correlation of News Content
  Gilat Levy, Inés Moreno de Barreda, Ronny Razin
• DP12639 - The ladder of internationalization modes: Evidence from European firms
  Gábor Békés, Balázs Muraközy
• DP12638 - Temporary Price Changes, Inflation Regimes and the Propagation of Monetary Shocks
  Fernando Alvarez, Francesco Lippi
• DP12637 - How Large is the Corporate Tax Base Erosion and Profit Shifting? A General Equilibrium Approach
  Maria Alvarez-Martinez, Salvador Barrios, Diego d'Andria, Maria Gesualdo, Gaëtan Nicodème, Jonathan Pycroft
• DP12636 - Inequality of opportunity, governance and individual beliefs
  Michelle Brock
• DP12635 - ECB interventions in distressed sovereign debt markets: The case of Greek bonds
  Christoph Trebesch, Jeromin Zettelmeyer
• DP12634 - Leniency, Asymmetric Punishment and Corruption: Evidence from China
  Maria Perrotta Berlin, Bei Qin, Giancarlo Spagnolo
• DP12633 - Adverse Selection and Moral Hazard in the Leasing Market: Are Buybacks the Solution?
  Ronny Ben-Porath, Daniel Bird, Sarit Weisburd
• DP12632 - The Impact of High School Financial Education on Financial Knowledge and Choices: Evidence from a Randomized Trial in Spain
  Olympia Bover, Laura Hospido, Ernesto Villanueva
• DP12631 - The Leading Premium
  Mariano Massimiliano Croce, Tatyana Marchuk, Christian Schlag
• DP12630 - Immigration into Prejudiced Societies: Segregation and Echo Chambers effects
  Gilat Levy, Ronny Razin
• DP12629 - Exchange Traded Funds 101 For Economists
  Martin Lettau, Ananth Madhavan
• DP12628 - Capital Share Risk in U.S. Asset Pricing
  Martin Lettau, Sydney Ludvigson, Sai Ma
• DP12627 - A bottom-up, non-cooperative approach to climate change control: Assessment and comparison of Nationally Determined Contributions (NDCs)
  Carlo Carraro
• DP12626 - The anatomy of a trade collapse: The UK, 1929-33
  Alan de Bromhead, Alan Fernihough, Markus Lampe, Kevin Hjortshøj O'Rourke
• DP12625 - International Commodity Prices and Civil War Outbreak: New Evidence for Sub-Saharan Africa and Beyond
  Antonio Ciccone
• DP12624 - Modeling Your Stress Away
  Friederike Niepmann, Viktors Stebunovs
• DP12623 - Intermediation markups and monetary policy pass-through
  Semyon Malamud, Andreas Schrimpf
• DP12622 - Religions, Fertility, and Growth in South-East Asia
  David de la Croix, Clara Delavallade
• DP12621 - Cumulative Effects of Brexit and Other UK and EU27 Bilateral FTAs on the World's Wine Markets
  Kym Anderson, Glyn Wittwer
• DP12620 - 21st Century Trade Agreements and the Owl of Minerva
  Bernard Hoekman, Doug Nelson
• DP12619 - Skin-in-the-Game in ABS Transactions: A Critical Review of Policy Options
  Jan Pieter Krahnen, Christian Wilde
• DP12618 - The (Self-) Funding of Intangibles
  Robin Döttling, Tomislav Ladika, Enrico C Perotti
• DP12617 - Government Debt and the Returns to Innovation
  Mariano Massimiliano Croce, Thiên Tung Nguyen, Steve Raymond, Lukas Schmid
• DP12616 - Activism and Takeovers
  Mike Burkart, Samuel Lee
• DP12615 - Declining Business Dynamism
  Gert Bijnens, Jozef Konings
• DP12614 - The Price of a Vote: Evidence from France, 1993-2014
  Yasmine Bekkouche, Julia Cagé
• DP12613 - Are CEOs More Likely to Be First-Borns?
  Claudia Custodio, Stephan Siegel
• DP12612 - Bait and Ditch: Consumer Naiveté and Salesforce Incentives
  Fabian Herweg, Antonio Rosato
• DP12611 - Lie Symmetries and Essential Restrictions in Economic Optimization
  Gadi Perets, Eran Yashiv
• DP12610 - Currency Risk Factors in a Recursive Multicountry Economy
  Riccardo Colacito, Mariano Massimiliano Croce, Federico Gavazzoni, Robert Ready
• DP12608 - Dinner Table Human Capital and Entrepreneurship
  Hans K Hvide, Paul Oyer
• DP12607 - The Lost Capital Asset Pricing Model
  Daniel Andrei, Julien Cujean, Mungo Wilson
• DP12606 - Banking Across Borders With Heterogeneous Banks
  Friederike Niepmann
• DP12605 - Could/Should Jubilee Debt Cancellations be Reintroduced Today?
  Charles A Goodhart, Michael Hudson
• DP12604 - Real Keynesian Models and Sticky Prices
  Paul Beaudry, Franck Portier
• DP12603 -A Framework for Sustainable Finance
  Dirk Schoenmaker
• DP12602 - Quality and Gravity in International Trade
  Lisandra Flach, Florian Unger
• DP12601 - A Catch-22 for HANK Models: No Puzzles, No Amplification
  Florin Ovidiu Bilbiie
• DP12600 - A minimal moral hazard central stabilisation capacity for the EMU based on exports
  Roel Beetsma, Simone Cima, Jacopo Cimadomo
• DP12599 - The Effect of Investment Constraints on Hedge Fund Investor Returns
  Juha Joenväärä, Robert Kosowski, Pekka Tolonen
• DP12598 - Common Ownership Concentration and Corporate Conduct
  Martin Schmalz
• DP12597 - Revealing Downturns
  Martin Schmalz, Sergey Zhuk
• DP12596 - Disagreement and Security Design
  Juan Ortner, Martin Schmalz
• DP12595 - Unionization, Cash, and Leverage
  Martin Schmalz
• DP12594 - Children and Gender Inequality: Evidence from Denmark
  Jakob Egholt , Henrik Kleven, Camille Landais
• DP12593 - Women's Empowerment, the Gender Gap in Desired Fertility, and Fertility Outcomes in Developing Countries
  Matthias Doepke, Michèle Tertilt
• DP12592 - A Sufficient Statistics Approach for Aggregating Firm-Level Experiments
  David Sraer, David Thesmar
• DP12591 - Are Lemons Sold First? Dynamic Signaling in the Mortgage Market
  Manuel Adelino, Kristopher Gerardi
• DP12590 - Gunnar Myrdal and Asian Drama in Context
  Ravi Kanbur
• DP12589 - Macroeconomic Nowcasting and Forecasting with Big Data
  Brandyn Bok, Daniele Caratelli, Domenico Giannone, Argia Sbordone, Andrea Tambalotti
• DP12588 - Optimal Short-Termism
  Dirk Hackbarth, Alejandro Rivera, Tak-Yuen Wong
• DP12587 - Real-Estate Agent Commission Structure and Sales Performance
  Pieter A. Gautier, Arjen Siegmann, Aico van Vuuren
• DP12586 - From Conflict to Compromise: The importance of mediation in Swedish work stoppages 1907-1927
  Kerstin Enflo, Tobias Karlss
• DP12585 - Communication Costs and the Internal Organization of Multi-Plant Businesses: Evidence from the Impact of the French High-Speed Rail
  Pauline Charnoz, Claire Lelarge, Corentin Trevien
• DP12584 - Interlinked Firms and the Consequences of Piecemeal Regulation
  Christopher Hansman, Jonas Hjort, Gianmarco León
• DP12583 - Money and Monetary Stability in Europe, 1300-1914
  Kivanc Karaman, Sevket Pamuk, Secil Yildirim
• DP12582 - Pioneering into the Past: Regional Literacy Developments in Italy Before Italy
  Carlo Ciccarelli, Jacob Weisdorf
• DP12581 - Falling Behind and Catching up: India's Transition from a Colonial Economy
  Bishnupriya Gupta
• DP12580 - Voting and Peer Effects: Experimental Evidence from Mozambique
  Marcel Fafchamps, Ana Vaz, Pedro C Vicente
• DP12579 - Structural Scenario Analysis with SVARs
  Juan Antolin-Diaz, Ivan Petrella, Juan Francisco Rubio-Ramírez
• DP12578 - China's "Great Migration'': The impact of the reduction in trade policy uncertainty
  Giovanni Facchini, Maggie Y. Liu, Anna Maria Mayda, Minghai Zhou
• DP12577 - Occupational Licensing in the European Union: Coverage and Wage Effects
  Maria Koumenta, Mario Pagliero
• DP12576 - Speed under Sail during the Early Industrial Revolution.
  Morgan Kelly, Cormac Ó Gráda
• DP12575 - Value for Money? Community Targeting in Vote-Buying and Politician Accountability
  Dana Foarta, Jessica Leight, Rohini Pande, Laura Ralston
• DP12574 - Spatial Patterns of Development: A Meso Approach
  Stelios Michalopoulos, Elias Papaioannou
• DP12573 - Emigration during the French Revolution: Consequences in the Short and Longue Durée
  Raphael Franck, Stelios Michalopoulos
• DP12572 - Commitment vs. Flexibility with Costly Verification
  Marina Halac, Pierre Yared
• DP12571 - Fiscal Rules and Discretion under Self-Enforcement
  Marina Halac, Pierre Yared
• DP12570 - Fiscal Rules and Discretion in a World Economy
  Marina Halac, Pierre Yared
• DP12569 - Experimenting with Career Concerns
  Marina Halac, Ilan Kremer
• DP12568 - International Evidence on Firm Level Decisions in Response to the Crisis: Shareholders vs. Other Stakeholders*
  Franklin Allen, Elena Carletti, Yaniv Grinstein
• DP12567 - Procurement Centralization in the EU: the Case of Italy
  Francesco Decarolis
• DP12566 - Change in urban concentration and economic growth
  Susanne A. Frick, Andrés Rodríguez-Pose
• DP12565 - The Impact of Public Employment: Evidence from Bonn
  Sascha O. Becker, Stephan Heblich, Daniel M Sturm
• DP12564 - A Model of the Fed's View on Inflation
  Thomas Hasenzagl, Filippo Pellegrino, Lucrezia Reichlin, Giovanni Ricco
• DP12563 - The Lasting Legacy of Seasonal Influenza: In-Utero Exposure and Labor Market Outcomes
  Hannes Schwandt
• DP12562 - Wealth Shocks and Health Outcomes: Evidence from Stock Market Fluctuations
  Hannes Schwandt
• DP12561 - Gender Differences in Alternating-Offer Bargaining: An Experimental Study
  Hernandez-Arenaz, Nagore Iriberri
• DP12560 - The Fragility of Market Risk Insurance
  Ralph Koijen, Motohiro Yogo
• DP12559 - Versatile Forward Guidance: Escaping or Switching?
  Hans Gersbach, Yulin Liu, Martin Tischhauser
• DP12558 - Environmental externalities and free-riding in the household
  Kelsey Jack, Seema Jayachandran, Sarojini Rao
• DP12557 - The Simple Economics of White Elephants
  Juan Jose Ganuza Fernandez, Gerard Llobet
• DP12556 - Conventional Power Plants in Liberalized Electricity Markets with Renewable Entry
  Gerard Llobet, Atilano Jorge Padilla
• DP12555 - Distrust and Political Turnover
  Nathan Nunn, Nancy Qian, Jaya Wen
• DP12554 - Employment Protection Legislation, Labor Courts, and Effective Firing Costs
  Juan F Jimeno, Marta Martínez-Matute, Juan Mora
• DP12553 - Measuring monetary policy deviations from the Taylor rule
  João Madeira, Nuno Pedro G. Palma
• DP12552 - The Political Boundaries of Ethnic Divisions
  Samuel Bazzi, Matthew Gudgeon