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CEP Discussion Paper
The Social Origins of Inventors Philippe Aghion, Ufuk Akcigit, Ari Hyytinen and Otto Toivanen
December 2017
Paper No' CEPDP1522:
Read Abstract | Full Paper (pdf)

JEL Classification: O31; I24; J18


Tags: inventors; innovation; social mobility; iq; education; parental background

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CEP Discussion Paper
It's Time to Learn: Understanding the Differences in Returns to Instruction Time Andrés Barrios F. and Giulia Bovini
December 2017
Paper No' CEPDP1521:
Read Abstract | Full Paper (pdf)

JEL Classification: I28; I24; I20


Tags: instruction time; education reform; heterogeneous effects; charter schools

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CEP Discussion Paper
The Productivity Puzzle and Misallocation: An Italian Perspective Sara Calligaris, Massimo Del Gatto, Fadi Hassan, Gianmarco I. P. Ottaviano and Fabiano Schivardi December 2017
Paper No' CEPDP1520:
Read Abstract | Full Paper (pdf)

JEL Classification: D22; D24; O11; O47


Tags: misallocation; tfp; productivity puzzle; italy

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CEP Discussion Paper
Who Becomes an Inventor in America? The Importance of Exposure to Innovation Alex Bell, Raj Chetty, Xavier Jaravel, Neviana Petkova and John Van Reenen December 2017
Paper No' CEPDP1519:
Read Abstract | Full Paper (pdf)

Tags: inventor; america; innovation

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CEP Discussion Paper
Economic Integration, Foreign Investment and International Trade: The Effects of Membership of the European Union Randolph Bruno, Nauro Campos, Saul Estrin and Meng Tian November 2017
Paper No' CEPDP1518:
Read Abstract | Full Paper (pdf)

JEL Classification: F17; F21; F36


Tags: special economic integration effects; foreign direct investment; international trade; european union; gravity model

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CEP Discussion Paper
Tax Simplicity and Heterogeneous Learning Philippe Aghion, Ufuk Akcigit, Matthieu Lequien and Stefanie Stantcheva
November 2017
Paper No' CEPDP1516:
Read Abstract | Full Paper (pdf)

JEL Classification: H21


Tags: self-employment; taxation; entrepreneurship

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SERC/Urban and Spatial Programme Discussion Paper
Highways, Market Access and Spatial Sorting Stephan Fretz, Raphaël Parchet and Frédéric Robert-Nicoud
November 2017
Paper No' SERCDP0227:
Read Abstract | Full Paper (pdf)

JEL Classification: D31; O18; H54; R11; R23


Tags: transportation; highway; market access; income sorting

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CEP Discussion Paper
Supplier Search and Re-Matching in Global Sourcing: Theory and Evidence from China Fabrice Defever, Christian Fischer and Jens Suedekum November 2017
Paper No' CEPDP1515:
Read Abstract | Full Paper (pdf)

JEL Classification: F23; D23; L23


Tags: input sourcing; relational contracts; supplier search

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CEP BREXIT Analysis
The Brexit Vote, Inflation and UK Living Standards Holger Breinlich, Elsa Leromain, Dennis Novy and Thomas Sampson
November 2017
Paper No' CEPBREXIT11:
Read Abstract | Press Release | Full Paper (pdf)
| Technical Paper (pdf)

Tags: brexit; economic uncertainty; trade; eu; inflation; uk living standards

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CEP Discussion Paper
Gender and Promotions: Evidence from Academic Economists in France Clément Bosquet, Pierre-Philippe Combes and Cecilia García-Peñalosa November 2017
Paper No' CEPDP1511:
Read Abstract | Full Paper (pdf)

JEL Classification: J16; J7; I23


Tags: gender gaps; promotions; academic labour markets

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CEP Discussion Paper
Product Diversification in Indian Manufacturing Johannes Boehm, Swati Dhingra and John Morrow
November 2017
Paper No' CEPDP1509:
Read Abstract | Full Paper (pdf)

JEL Classification: L1; L2; M2; O3


Tags: multiproduct firms; product adoption; product diversity

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CEP Discussion Paper
Internalizing Global Value Chains: A Firm-Level Analysis Laura Alfaro, Paul Antràs, Davin Chor and Paola Conconi
October 2017
Paper No' CEPDP1507:
Read Abstract | Full Paper (pdf)

JEL Classification: F14; F23; D23; L20


Tags: global value chains; sequential production; incomplete contracts

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CEP Discussion Paper
Frontier Knowledge and Scientific Production: Evidence from the Collapse of International Science Alessandro Iaria, Carlo Schwarz and Fabian Waldinger October 2017
Paper No' CEPDP1506:
Read Abstract | Full Paper (pdf)

JEL Classification: O3; N3; N4; O31; O5; N30; N40; J44; I23


Tags: frontier knowledge; scientific production; international knowledge flows; wwi

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CEP Discussion Paper
Twin Peaks Fabrice Defever and Alejandro Riaño
October 2017
Paper No' CEPDP1505:
Read Abstract | Full Paper (pdf)

JEL Classification: F12; F14; C12; O50


Tags: exports; export intensity distribution; bimodality; firm heterogeneity

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CEP Discussion Paper
Risk-Based Selection in Unemployment Insurance: Evidence and Implications Camille Landais, Arash Nekoei, Peter Nilsson, David Seim and Johannes Spinnewijn October 2017
Paper No' CEPDP1503:
Read Abstract | Full Paper (pdf)

JEL Classification: H40; J65


Tags: adverse selection; unemployment insurance; mandate; subsidy

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CEP Discussion Paper
Efficiency in Large markets with Firm Heterogeneity Swati Dhingra and John Morrow
October 2017
Paper No' CEPDP1502:
Read Abstract | Full Paper (pdf)

JEL Classification: F1; L1; D6


Tags: efficiency; productivity; limit theorem; market expansion; competition

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CEP Discussion Paper
The End of Free College in England: Implications for Quality, Enrolments and Equity Richard Murphy, Judith Scott-Clayton and Gill Wyness October 2017
Paper No' CEPDP1501:
Read Abstract | Full Paper (pdf)

JEL Classification: I22; I23; I28


Tags: higher education; financial aid; tuition fees; inequality

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SERC/Urban and Spatial Programme Discussion Paper
Decomposing the Impact of Immigration on House Prices Rosa Sanchis-Guarner
September 2017
Paper No' SERCDP0223:
Read Abstract | Full Paper (pdf)

JEL Classification: J61; R12; R21


Tags: immigration; housing; spain; instrumental variables

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CEP Discussion Paper
Healthy Business? Managerial Education and Management in Healthcare Nicholas Bloom, Renata Lemos, Raffaella Sadun and John Van Reenen September 2017
Paper No' CEPDP1500:
Read Abstract | Full Paper (pdf)

JEL Classification: M1; I1


Tags: management; hospitals; mortality; education

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CEP Special Report
Brexit and the Future of Globalization? John Van Reenen
September 2017
Paper No' CEPSP35:
Read Abstract | Full Paper (pdf)

JEL Classification: D92; E22; D8; C23


Tags: brexit; globalization; populism

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CEP Discussion Paper
Equity Crowdfunding and Early Stage Entrepreneurial Finance: Damaging or Disruptive? Saul Estrin, Daniel Gozman and Susanna Khavul September 2017
Paper No' CEPDP1498:
Read Abstract | Full Paper (pdf)

JEL Classification: G3; G21; L26; M21


Tags: equity crowdfunding; early stage entrepreneurial finance; financial regulation; investor choices

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CEP Special Report
Industry in Britain - An Atlas Sandra Bernick, Richard Davies and Anna Valero
September 2017
Paper No' CEPSP34:
Read Abstract | Full Paper (pdf)
| Maps (pdf)

JEL Classification: R12;O25;O52


Tags: productivity; business performance; regional disparities; uk economy; industrial strategy

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SERC/Urban and Spatial Programme Discussion Paper
Social Tenants' Health: Evaluating the Effectiveness of Landlord Interventions Paul Cheshire, Stephen Gibbons and Jemma Mouland August 2017
Paper No' SERCDP0219:
Read Abstract | Full Paper (pdf)

JEL Classification: I18; C93; R29


Tags: randomised control trial; social housing; health interventions

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CEP Discussion Paper
Goods and Factor Market Integration: A Quantitative Assessment of the EU Enlargement Lorenzo Caliendo, Luca David Opromolla, Fernando Parro and Alessandro Sforza August 2017
Paper No' CEPDP1494:
Read Abstract | Full Paper (pdf)

JEL Classification: F16; F22; F13; J61; R13; E24


Tags: international trade; factor mobility; market integration; eu enlargement; welfare

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SERC/Urban and Spatial Programme Discussion Paper
The Local Economic Impacts of Regeneration Projects: Evidence from UK's Single Regeneration Budget Stephen Gibbons, Henry Overman and Matti Sarvimäki August 2017
Paper No' SERCDP0218:
Read Abstract | Full Paper (pdf)

JEL Classification: R11; J08; H50


Tags: single regeneration budget; regeneration; employment; neighbourhoods; urban policy

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SERC/Urban and Spatial Programme Discussion Paper
The Energy Costs of Historic Preservation Christian A. L. Hilber, Charles Palmer and Edward W. Pinchbeck
July 2017
Paper No' SERCDP0217:
Read Abstract | Full Paper (pdf)

JEL Classification: Q48; Q54; R38; R52


Tags: preservation policies; land use regulation; energy efficiency; energy consumption; climate change

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CEP Discussion Paper
The Long-Lasting Effects of Family and Childhood on Adult Wellbeing: Evidence from British Cohort Data Andrew E. Clark, Sarah Flèche and Warn N. Lekfuangfu July 2017
Paper No' CEPDP1493:
Read Abstract | Full Paper (pdf)

JEL Classification: A12; D60; I31


Tags: life satisfaction; cohort data; childhood; adult outcomes

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CEP Discussion Paper
Specialization in Bank Lending: Evidence from Exporting Firms Daniel Paravisini, Veronica Rappoport and Philipp Schnabl
July 2017
Paper No' CEPDP1492:
Read Abstract | Full Paper (pdf)

JEL Classification: F14; F34; G21


Tags: banking; export finance; specialization

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CEP Discussion Paper
The Labor Market Effects of Refugee Waves: Reconciling Conflicting Results Michael A. Clemens and Jennifer Hunt
July 2017
Paper No' CEPDP1491:
Read Abstract | Full Paper (pdf)

JEL Classification: J61; O15; R23


Tags: refugees; immigration; instrumental variables

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CEP Discussion Paper
War, Migration and the Origins of the Thai Sex Industry Abel Brodeur, Warn N. Lekfuangfu and Yanos Zylberberg
July 2017
Paper No' CEPDP1489:
Read Abstract | Full Paper (pdf)

JEL Classification: O17; O18; N15; J46; J47; I28


Tags: persistence; industry location; sex industry; hiv; aids

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CEP Discussion Paper
The Great Divergence(s) Giuseppe Berlingieri, Patrick Blanchenay and Chiara Criscuolo
June 2017
Paper No' CEPDP1488:
Read Abstract | Full Paper (pdf)

JEL Classification: D2; J3


Tags: dispersion; productivity; sorting; wages

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CEP Discussion Paper
UK Trade and FDI: A Post-Brexit Perspective Swati Dhingra, Gianmarco Ottaviano, Veronica Rappoport, Thomas Sampson and Catherine Thomas June 2017
Paper No' CEPDP1487:
Read Abstract | Full Paper (pdf)

JEL Classification: F02; F13


Tags: brexit; uk trade; uk fdi; negotiations

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CEP Discussion Paper
Evaluating Market Consolidation in Mobile Communications Christos Genakos, Tommaso Valletti and Frank Verboven
June 2017
Paper No' CEPDP1486:
Read Abstract | Full Paper (pdf)

JEL Classification: K20; L10; L40; L96


Tags: mobile telecommunications; market structure; prices; investments; mergers

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CEP Discussion Paper
The Key Determinants of Happiness and Misery Andrew E. Clark, Sarah Flèche, Richard Layard, Nattavudh Powdthavee and George Ward June 2017
Paper No' CEPDP1485:
Read Abstract | Full Paper (pdf)

JEL Classification: I31; I10


Tags: happiness; subjective wellbeing; life satisfaction; government; mental health

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CEP Election Analysis
Immigration and the UK Economy Jonathan Wadsworth
May 2017
Paper No' CEPEA039:
Read Abstract | | Press Release(pdf) Full Paper (pdf)
| Technical Paper (pdf)

Tags: immigration; eu countries; economy; brexit


Download Press Release
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CEP Discussion Paper
Reallocation and Secularization: The Economic Consequences of the Protestant Reformation Davide Cantoni, Jeremiah Dittmar and Noam Yuchtman May 2017
Paper No' CEPDP1483:
Read Abstract | Full Paper (pdf)

JEL Classification: N13; N33; J24; E02


Tags: protestant reformation; secularization; sectoral allocation; human capital

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CEP Discussion Paper
The Fall of the Labor Share and the Rise of Superstar Firms David Autor, David Dorn, Lawrence F. Katz, Christina Patterson and John Van Reenen May 2017
Paper No' CEPDP1482:
Read Abstract | Full Paper (pdf)

JEL Classification: J3


Tags: labour share; concentration; superstar firms

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CEP Discussion Paper
International Expansion and Riskiness of Banks Irene Sanchez Arjona, Ester Faia and Gianmarco Ottaviano
April 2017
Paper No' CEPDP1481:
Read Abstract | Full Paper (pdf)

JEL Classification: F23; F65; G21; G32


Tags: banks' risk; systemic risk; global expansion; diversification; regulation

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CEP Discussion Paper
Who Voted for Brexit? A Comprehensive District-Level Analysis Sascha O. Becker, Thiemo Fetzer and Dennis Novy
April 2017
Paper No' CEPDP1480:
Read Abstract | Full Paper (pdf)

JEL Classification: D72; N44; R23; Z13


Tags: political economy; voting; referendum; migration; austerity

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CEP Discussion Paper
Turbulence, Firm Decentralization and Growth in Bad Times Philippe Aghion, Nicholas Bloom, Brian Lucking, Raffaella Sadun and John Van Reenen April 2017
Paper No' CEPDP1479:
Read Abstract | Full Paper (pdf)

JEL Classification: O31; 032; 033; F23


Tags: decentralization; growth; turbulence; great recession

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CEP Discussion Paper
What’s in a Name? Expectations, Heuristics and Choice During a Period of Radical School Reform Marco Bertoni, Stephen Gibbons and Olmo Silva April 2017
Paper No' CEPDP1477:
Read Abstract | Full Paper (pdf)

JEL Classification: I21; H75; C23; D03


Tags: school reform; choice and autonomy; parental preferences; heuristic-based decision making

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CEP Discussion Paper
Is Distance Dead? Face-to-Face Communication and Productivity in Teams Diego Battiston, Jordi Blanes i Vidal and Tom Kirchmaier March 2017
Paper No' CEPDP1473:
Read Abstract | Full Paper (pdf)

JEL Classification: D23; M11


Tags: teamwork; face-to-face communication; distance; organisations

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CEP Discussion Paper
Global Banking: Risk Taking and Competition Ester Faia and Gianmarco Ottaviano
March 2017
Paper No' CEPDP1471:
Read Abstract | Full Paper (pdf)

JEL Classification: G21; G32; L13


Tags: global bank; oligopoly; oligopsony; endogenous risk taking; expectation of rents extraction; appetitefor leverage

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CEP Discussion Paper
What Drives Differences in Management? Nicholas Bloom, Erik Brynjolfsson, Lucia Foster, Ron Jarmin, Megha Patnaik, Itay Saporta-Eksten and John Van Reenen March 2017
Paper No' CEPDP1470:
Read Abstract | Full Paper (pdf)

JEL Classification: L2; M2; O32; O33


Tags: management; productivity; competition; learning

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CEP Discussion Paper
Quality in Early Years Settings and Children’s School Achievement Jo Blanden, Kirstine Hansen and Sandra McNally
February 2017
Paper No' CEPDP1468:
Read Abstract | Full Paper (pdf)

JEL Classification: J13; I20


Tags: childcare quality; educational attainment

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CEP Discussion Paper
Parental Sleep and Employment: Evidence from a British Cohort Study Joan Costa-Font and Sarah Flèche
February 2017
Paper No' CEPDP1467:
Read Abstract | Full Paper (pdf)

JEL Classification: J13; J22; I18; J28


Tags: child sleep; sleep; maternal employment; working hours; job satisfaction; alspac

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CEP Discussion Paper
Home Ownership and Social Mobility Jo Blanden and Stephen Machin
January 2017
Paper No' CEPDP1466:
Read Abstract | Full Paper (pdf)

JEL Classification: R31; J11; J62


Tags: housing; intergenerational mobility; cohorts

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CEP Discussion Paper
Tenure in Office and Public Procurement Decio Coviello and Stefano Gagliarducci
January 2017
Paper No' CEPDP1465:
Read Abstract | Full Paper (pdf)

JEL Classification: D44; D72; D73; H57; H70


Tags: tenure in office; procurement auctions; public works; term limit

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CEP Discussion Paper
Fertility and Mothers' Labor Supply: New Evidence Using Time-to-Conception Claudia Hupkau and Marion Leturcq
January 2017
Paper No' CEPDP1463:
Read Abstract | Full Paper (pdf)

JEL Classification: J13; J21; J22


Tags: labor force supply of women; infertility shocks; time-to-conception; causal impact

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CEP Discussion Paper
Diversity and Neighbourhood Satisfaction Monica Langella and Alan Manning
December 2016
Paper No' CEPDP1459:
Read Abstract | Full Paper (pdf)

JEL Classification: Z1


Tags: neighbourhood satisfaction; social capital; diversity; deprivation

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CEP Discussion Paper
The Diffusion of Knowledge via Managers' Mobility Giordano Mion, Luca David Opromolla and Alessandro Sforza
December 2016
Paper No' CEPDP1458:
Read Abstract | Full Paper (pdf)

JEL Classification: M2; L2; F16; J31


Tags: managers; knowledge diffusion; firm performance; job mobility export experience

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CEP Discussion Paper
Distorted Monopolistic Competition Kristian Behrens, Giordano Mion, Yasusada Murata and Jens Suedekum
December 2016
Paper No' CEPDP1457:
Read Abstract | Full Paper (pdf)

JEL Classification: D43; D50; L13


Tags: monopolistic competition; welfare distortion; intersectoral distortions; intrasectoral distortions

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CVER Research Paper
Vocational vs. General Education and Employment over the Life-Cycle: New Evidence from PIAAC Franziska Hampf and Ludger Woessmann November 2016
Paper No' CVERDP003:
Read Abstract | Full Paper (pdf)

JEL Classification: J20; J64; I20


Tags: vocational education; apprenticeship; employment; life-cycle; piaac

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SERC/Urban and Spatial Programme Discussion Paper
The Stimulative Effect of an Unconditional Block Grant on the Decentralized Provision of Care Mark Kattenberg and Wouter Vermeulen November 2016
Paper No' SERCDP0209:
Read Abstract | Full Paper (pdf)

JEL Classification: H42; H51; H71; H75


Tags: intergovernmental transfers; flypaper effect; decentralization of health care

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SERC/Urban and Spatial Programme Discussion Paper
East Side Story: Historical Pollution and Persistent Neighborhood Sorting Stephan Heblich, Alex Trew and Yanos Zylberberg
November 2016
Paper No' SERCDP0208:
Read Abstract | Full Paper (pdf)

JEL Classification: R23; Q53; N90


Tags: neighborhood sorting; historical pollution; deprivation; persistence; environmental disamenity

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SERC/Urban and Spatial Programme Discussion Paper
Fear of Fracking? The Impact of the Shale Gas Exploration on House Prices in Britain Steve Gibbons, Stephan Heblich, Esther Lho and Christopher Timmins October 2016
Paper No' SERCDP0207:
Read Abstract | Full Paper (pdf)

JEL Classification: Q5; Q42; Q51


Tags: shale gas; fracturing; property valuation; housing prices; consumer expectation; hedonic price; united kingdom

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CVER Research Paper
Labour Market Returns to Vocational Qualifications in the Labour Force Survey Steven McIntosh and Damon Morris
October 2016
Paper No' CVERDP002:
Read Abstract | Full Paper (pdf)

JEL Classification: I26; I24; J31


Tags: vocational education; wages; labour market

CEP Discussion Paper
Foreign Direct Investment and the Relationship Between the United Kingdom and the European Union Randolph Bruno, Nauro Campos, Saul Estrin and Meng Tian October 2016
Paper No' CEPDP1453:
Read Abstract | Full Paper (pdf)

Tags: foreign direct investment; gravity; smc; european union

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CEP Discussion Paper
Quantitative Spatial Economics Stephen J. Redding and Esteban Rossi-Hansberg
October 2016
Paper No' CEPDP1452:
Read Abstract | Full Paper (pdf)

JEL Classification: F10; F14; R12; R23; R41


Tags: agglomeration; cities; economic geography; quantitative models; spatial economics

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CEP Discussion Paper
Trade and the Size Distribution of Firms: Evidence from the German Empire Marcus Biermann
October 2016
Paper No' CEPDP1450:
Read Abstract | Full Paper (pdf)

JEL Classification: F14; F15


Tags: firm size distribution; firm heterogeneity; technology adoption; german empire

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CentrePiece Article
In brief: Weekend opening of GP practices Peter Dolton and Vikram Pathania
October 2016
Paper No' CEPCP482:
Read Abstract | Full Paper (pdf)

CentrePiece 21 (2) Autumn 2016


Tags: national health service; uk health service; doctors

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CentrePiece Article
Who voted Leave? Monica Langella and Alan Manning
October 2016
Paper No' CEPCP479:
Read Abstract | Full Paper (pdf)

CentrePiece 21 (2) Autumn 2016


Tags: brexit; eu referendum; immigration; demographics; uk politics; uk economy

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SERC/Urban and Spatial Programme Discussion Paper
Austerity States, Institutional Dismantling and the Governance of Sub-National Economic Development: The Demise of the Regional Development Agencies in England Mike Coombes, Peter O'Brien, Andy Pike and John Tomaney August 2016
Paper No' SERCDP0206:
Read Abstract | Full Paper (pdf)

JEL Classification: H70; O10; O20; R58


Tags: austerity; institutions; the state; governance; economic development; regional development agencies; england

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SERC/Urban and Spatial Programme Discussion Paper
Traffic Externalities and Housing Prices: Evidence from the London Congestion Charge Cheng Keat Tang
August 2016
Paper No' SERCDP0205:
Read Abstract | Full Paper (pdf)

JEL Classification: R21; R31; R38; R41; Q25


Tags: housing prices; capitalization effects; congestion charge; traffic externalities; marginal willingness to pay; difference-in-difference

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SERC/Urban and Spatial Programme Discussion Paper
The Housing Market Impacts of Constraining Second Home Investments Christian A. L. Hilber and Olivier Schöni
August 2016
Paper No' SERCDP0204:
Read Abstract | Full Paper (pdf)

JEL Classification: D63; G12; R11; R21; R31; R52


Tags: second homes; wealth inequality; land use regulation; house prices; homeownership; real estate investments

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CEP Discussion Paper
Colocation and Knowledge Diffusion: Evidence from Million Dollar Plants Christian Fons-Rosen, Vincenzo Scrutinio and Katalin Szemeredi August 2016
Paper No' CEPDP1447:
Read Abstract | Full Paper (pdf)

JEL Classification: O3; R11; R12


Tags: productivity; innovation; knowledge diffusion

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CEP Discussion Paper
Does Rosie Like Riveting? Male and Female Occupational Choices Grace Lordan and Jörn-Steffen Pischke
August 2016
Paper No' CEPDP1446:
Read Abstract | Full Paper (pdf)

JEL Classification: J16; J4


Tags: occupational choice; job content; gender; preferences

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CEP Discussion Paper
A Unified Approach to Estimating Demand and Welfare Stephen J. Redding and David E. Weinstein
August 2016
Paper No' CEPDP1445:
Read Abstract | Full Paper (pdf)

JEL Classification: D11; D12; E01; E31


Tags: elasticity of substitution; price index; consumer valuation bias; new goods; welfare

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CEP Discussion Paper
The Economic Impact of Universities: Evidence from Across the Globe Anna Valero and John Van Reenen
August 2016
Paper No' CEPDP1444:
Read Abstract | Full Paper (pdf)

JEL Classification: I23; I25; J24; O10; O31


Tags: universities; growth; human capital; innovation

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CEP Discussion Paper
STEM Graduates and Secondary School Curriculum: Does Early Exposure to Science Matter? Marta De Philippis
August 2016
Paper No' CEPDP1443:
Read Abstract | Full Paper (pdf)

JEL Classification: J16; J24; I28; I21


Tags: university education; high school curriculum; stem

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SERC/Urban and Spatial Programme Discussion Paper
Impact of Structural Reforms on Regional Growth: Distance to the Frontier Matters Sabine D'Costa, Enrique Garcilazo and Joaquim Oliveira Martins July 2016
Paper No' SERCDP0203:
Read Abstract | Full Paper (pdf)

JEL Classification: R11; R58; O18


Tags: structural reforms; regional growth; lagging regions

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CEP Discussion Paper
Product Mix and Firm Productivity Responses to Trade Competition Thierry Mayer, Marc J. Melitz and Gianmarco I. P. Ottaviano
July 2016
Paper No' CEPDP1442:
Read Abstract | Full Paper (pdf)

Tags: productivity; trade; competition

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SERC/Urban and Spatial Programme Discussion Paper
The Preservation of Historic Districts - Is it Worth it? Sevrin Waights
July 2016
Paper No' SERCDP0202:
Read Abstract | Full Paper (pdf)

JEL Classification: H89; L51; L74; D62; R21; R31; R38; R52; R58


Tags: housing; planning; regulation; historic preservation; construction; land

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CEP Discussion Paper
The Host with the Most? The Effects of the Olympic Games on Happiness Paul Dolan, Georgios Kavetsos, Christian Krekel, Dimitris Mavridis, Robert Metcalfe, Claudia Senik, Stefan Szymanski and Nicolas R. Ziebarth July 2016
Paper No' CEPDP1441:
Read Abstract | Full Paper (pdf)

JEL Classification: I30; I31; I38; L83; Z20; Z28


Tags: subjective wellbeing; life satisfaction; happiness; olympic games; natural experiment

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CEP Discussion Paper
Wage Flexibility and Employment Fluctuations: Evidence from the Housing Sector Jörn-Steffen Pischke
July 2016
Paper No' CEPDP1440:
Read Abstract | Full Paper (pdf)

JEL Classification: E24; J20; J44


Tags: wage setting; wage rigidity; commissions; real estate agents; architects; construction workers

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CEP Discussion Paper
Powering Education Fadi Hassan and Paolo Lucchino
July 2016
Paper No' CEPDP1438:
Read Abstract | Full Paper (pdf)

JEL Classification: O12; I25; C93


Tags: randomised controlled trial; solar lamps; education; energy access; spillover effects; randomised saturation design

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CEP BREXIT Analysis
BREXIT 2016: Policy Analysis from the Centre for Economic Performance Holger Breinlich, Swati Dhingra, Saul Estrin, Hanwei Huang, Gianmarco Ottaviano, Thomas Sampson, John Van Reenen and Jonathan Wadsworth June 2016
Paper No' CEPBREXIT08:
Read Abstract | Full Paper (pdf)

Tags: brexit; eu referendum; uk economy; uk politics; trade; foreign investment; growth; productivity; immigration; wages; labour

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CEP Discussion Paper
Production Networks, Geography and Firm Performance Andrew B. Bernard, Andreas Moxnes and Yukiko U. Saito
June 2016
Paper No' CEPDP1435:
Read Abstract | Full Paper (pdf)

JEL Classification: F14; D22; D85; L10; L14; R12


Tags: production networks; trade; productivity; infrastructure

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SERC/Urban and Spatial Programme Discussion Paper
Highways, Market Access and Urban Growth in China Nathaniel Baum-Snow, Loren Brandt, J. Vernon Henderson, Matthew A. Turner and Qinghua Zhang June 2016
Paper No' SERCDP0200:
Read Abstract | Full Paper (pdf)

JEL Classification: F10; N65


Tags: construction; china; ricardian trade models

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CEP Discussion Paper
Management as a Technology? Nicholas Bloom, Raffaella Sadun and John Van Reenen
June 2016
Paper No' CEPDP1433:
Read Abstract | Full Paper (pdf)

JEL Classification: L2; M2; O32; O33


Tags: management practices; productivity; competition

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CEP BREXIT Analysis
Brexit and the Impact of Immigration on the UK Swati Dhingra, Gianmarco Ottaviano, John Van Reenen and Jonathan Wadsworth
May 2016
Paper No' CEPBREXIT05:
Read Abstract | Press Release | Full Paper (pdf)
| Technical Paper (pdf)

Tags: brexit; immigration; uk government policy; uk economy; wages; employment; eu referendum

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SERC/Urban and Spatial Programme Discussion Paper
Enabled to Work: The Impact of Government Housing on Slum Dwellers in South Africa Simon Franklin
May 2016
Paper No' SERCDP0197:
Read Abstract | Full Paper (pdf)

JEL Classification: P14; J22; O18; D13


Tags: housing; labour supply; time allocation; home production

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CEP Discussion Paper
Estimating Border Effects: The Impact of Spatial Aggregation Cletus C. Coughlin and Dennis Novy
May 2016
Paper No' CEPDP1429:
Read Abstract | Full Paper (pdf)

JEL Classification: F10; F15; R12


Tags: gravity; geography; borders; trade costs; heterogeneity; home bias; spatial attenuation; modifiable areal unit problem (maup)

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SERC/Urban and Spatial Programme Discussion Paper
Subways and Urban Growth: Evidence from Earth Marco Gonzalez-Navarro and Matthew A. Turner
April 2016
Paper No' SERCDO0195:
Read Abstract | Full Paper (pdf)

JEL Classification: L91; R4; R11; R14


Tags: subways; public transit; urban growth; urban decentralization

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CEP Discussion Paper
The Effect of Discretion on Procurement Performance Decio Coviello, Andrea Guglielmo and Giancarlo Spagnolo
April 2016
Paper No' CEPDP1427:
Read Abstract | Full Paper (pdf)

JEL Classification: D02; D44; C31; L11


Tags: procurement; restricted auctions; regression discontinuity; regulatory discretion

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SERC/Urban and Spatial Programme Discussion Paper
Take What You Can: Property Rights, Contestability and Conflict Thiemo Fetzer and Samuel Marden
April 2016
Paper No' SERCDP0194:
Read Abstract | Full Paper (pdf)

JEL Classification: O12; Q15; D74; Q23


Tags: property rights; land titling; conflict; deforestation


This paper has been published as:
'Take What You Can: Property Rights, Contestability and Conflict', Thiemo Fetzer and Samuel Marden, The Economic Journal, Volume 127, Issue 601, May 2017
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CEP Discussion Paper
Rethinking Deindustrialization Andrew B. Bernard, Valerie Smeets and Frederic Warzynski
April 2016
Paper No' CEPDP1423:
Read Abstract | Full Paper (pdf)

JEL Classification: D22; F61; L25


Tags: manufacturing firms; industry switching; employment; skill composition; firm performance; job separation

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CEP Discussion Paper
Politics in the Family: Nepotism and the Hiring Decisions of Italian Firms Stefano Gagliarducci and Marco Manacorda
April 2016
Paper No' CEPDP1422:
Read Abstract | Full Paper (pdf)

JEL Classification: D72; D73; H72; J24; J30; M51


Tags: nepotism; family connections; politics; rent appropriation

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CEP Discussion Paper
Team Adaptation Jordi Blanes i Vidal and Marc Möller
April 2016
Paper No' CEPDP1421:
Read Abstract | Full Paper (pdf)

JEL Classification: D02; D23; L29


Tags: teams; organizations; communication; disclosure; adaptation; motivation

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CEP Discussion Paper
Global Firms Andrew B. Bernard, J. Bradford Jensen, Stephen J. Redding and Peter K. Schott
April 2016
Paper No' CEPDP1420:
Read Abstract | Full Paper (pdf)

JEL Classification: L11; L21; L25; L60


Tags: firm heterogeneity; international trade; multinationals; multi-product firms

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CEP Discussion Paper
State Capacity and Public Goods: Institutional change, Human Capital and Growth in Early Modern Germany Jeremiah Dittmar and Ralph R. Meisenzahl March 2016
Paper No' CEPDP1418:
Read Abstract | Full Paper (pdf)

JEL Classification: I25; N13; O11; O43


Tags: state capacity; institutions; growth; education; human capital; persistence

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CEP BREXIT Analysis
The consequences of Brexit for UK trade and living standards Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen March 2016
Paper No' CEPBREXIT02:
Read Abstract | Press Release | Full Paper (pdf)
| Technical Paper (pdf)
Data Files associated with this paper.

Tags: #cepbrexit; trade; brexit; eu; european union; welfare

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CEP Discussion Paper
Do Tax Incentives for Research Increase Firm Innovation? An RD Design for R&D Antoine Dechezleprêtre, Elias Einiö, Ralf Martin, Kieu-Trang Nguyen and John Van Reenen March 2016
Paper No' CEPDP1413:
Read Abstract | Full Paper (pdf)

JEL Classification: O31; O32; H23; H25; H32


Tags: r&d; patents; tax; innovation; regression discontinuity design

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CEP Discussion Paper
Relational Knowledge Transfers Luis Garicano and Luis Rayo
March 2016
Paper No' CEPDP1412:
Read Abstract | Full Paper (pdf)

JEL Classification: IO; LE


Tags: general human capital; international joint ventures; relational contracts

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CEP Discussion Paper
One Mandarin Benefits the Whole Clan: Hometown Favoritism in an Authoritarian Regime Quoc-Anh Do, Kieu-Trang Nguyen and Anh N. Tran February 2016
Paper No' CEPDP1409:
Read Abstract | Full Paper (pdf)

JEL Classification: O12; D72; H72


Tags: favoritism; patronage; authoritarian regime; political connection; hometown; infrastructure; distributive politics

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CEP Discussion Paper
Models of Affective Decision-making: How do Feelings Predict Choice? Caroline J. Charpentier, Jan-Emmanuel De Neve, Jonathan P. Roiser and Tali Sharot February 2016
Paper No' CEPDP1408:
Read Abstract | Full Paper (pdf)

JEL Classification: D01; D03; D81


Tags: decision-making; feelings; subjective well-being; value; utility; prospect theory

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CEP Discussion Paper
Swimming Upstream: Input-output Linkages and the Direction of Product Adoption Johannes Boehm, Swati Dhingra and John Morrow
February 2016
Paper No' CEPDP1407:
Read Abstract | Full Paper (pdf)

JEL Classification: L1; L2; M2; O3


Tags: multiproduct firms; product adoption; vertical linkages; horizontal linkages

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CentrePiece Article
In brief... Rapid response policing: the impact on crime detection Jordi Blanes i Vidal and Tom Kirchmaier
February 2016
Paper No' CEPCP467:
Read Abstract | Full Paper (pdf)

CentrePiece 20 (3) Winter 2015/2016


JEL Classification: D29; K40


Tags: police; crime; organisational performance

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CentrePiece Article
Flooded Cities Adriana Kocornik-Mina, Thomas K.J. McDermott, Guy Michaels and Ferdinand Rauch
February 2016
Paper No' CEPCP463:
Read Abstract | Full Paper (pdf)

CentrePiece 20 (3) Winter 2015/2016


JEL Classification: R11; Q54


Tags: urbanization; flooding; climate change; urban recovery


This article summarises ‘Flooded Cities’ by Adriana Kocornik-Mina, Guy Michaels, Thomas McDermott and Ferdinand Rauch, CEP Discussion Paper No.1398, December 2015.
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CentrePiece Article
Equity crowdfunding: a new model for financing entrepreneurship? Saul Estrin and Susanna Khavul
February 2016
Paper No' CEPCP462:
Read Abstract | Full Paper (pdf)

CentrePiece 20 (3) Winter 2015/2016


Tags: crowdfunding; entrepreneurs; business enterprise; taxation; venture capital

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CEP Discussion Paper
Reservation Wages and the Wage Flexibility Puzzle Felix Koenig, Alan Manning and Barbara Petrongolo
February 2016
Paper No' CEPDP1406:
Read Abstract | Full Paper (pdf)

JEL Classification: J63; J64; E24


Tags: job search; reservation wages; wage cyclicality; reference dependence

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SERC/Urban and Spatial Programme Discussion Paper
Taking Care of the Budget? Practice-level Outcomes during Commissioning Reforms in England Ted Pinchbeck
February 2016
Paper No' SERCDP0192:
Read Abstract | Full Paper (pdf)

JEL Classification: H51; I11; I18; J44; C33


Tags: nhs reforms; commissioning; primary care; health care budgets

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CEP BREXIT Analysis
Life after Brexit : What are the UK’s options outside the European Union? Swati Dhingra and Thomas Sampson
February 2016
Paper No' CEPBREXIT01:
Read Abstract | Press Release | Full Paper (pdf)

Tags: brexit; trade; european union; welfare; eu; #cepbrexit

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SERC/Urban and Spatial Programme Discussion Paper
The (Displacement) Effects of Spatially Targeted Enterprise Initiatives: Evidence from UK LEGI Elias Einiö and Henry G. Overman February 2016
Paper No' SERCDP0191:
Read Abstract | Full Paper (pdf)

JEL Classification: R11; H25; J20; O40


Tags: place-based policy; programme evaluation; displacement; employment; industrial policy

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CEP Discussion Paper
Stagnation Traps Gianluca Benigno and Luca Fornaro
February 2016
Paper No' CEPDP1405:
Read Abstract | Full Paper (pdf)

JEL Classification: E32; E43; E52; O42


Tags: secular stagnation; liquidity traps; growth traps; endogenous growth; multiple equilibria

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CEP Real Wages Update
Slowing UK Wage Growth David Blanchflower and Stephen Machin
February 2016
Paper No' CEPRWU004:
Read Abstract | Full Paper (pdf)

Tags: uk wage growth; labour market; government policy; average weekly earnings (awe); inflation; unemployment

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SERC/Urban and Spatial Programme Policy Paper
Powerhouse of Cards? Understanding the 'Northern Powerhouse' Neil Lee
January 2016
Paper No' SERCPP014:
Read Abstract | Full Paper (pdf)

JEL Classification: R1; R12; R58


Tags: agglomeration; rebalancing; northern powerhouse; north-south divide

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CEP Occasional Paper
International Data on Measuring Management Practices Nicholas Bloom, Renata Lemos, Raffaella Sadun, Daniela Scur and John Van Reenen January 2016
Paper No' CEPOP46:
Read Abstract | Full Paper (pdf)

Tags: management practices; international data

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CEP Discussion Paper
Unraveling Firms: Demand, Productivity and Markups Heterogeneity Emanuele Forlani, Ralf Martin, Giordano Mion and Mirabelle Muûls January 2016
Paper No' CEPDP1402:
Read Abstract | Full Paper (pdf)

JEL Classification: D24; L11; L25; F14


Tags: demand; productivity; markups; production function estimation; export status; firm size

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CEP Discussion Paper
Top Incomes and Human Well-Being Around the World Richard V. Burkhauser, Jan-Emmanuel De Neve and Nattavudh Powdthavee
January 2016
Paper No' CEPDP1400:
Read Abstract | Full Paper (pdf)

JEL Classification: D63; I3


Tags: top income; life evaluation; well-being; income inequality; world top income database; gallup world poll

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CEP Discussion Paper
Flooded Cities Adriana Kocornik-Mina, Thomas K.J. McDermott, Guy Michaels and Ferdinand Rauch
December 2015
Paper No' CEPDP1398:
Read Abstract | Full Paper (pdf)

JEL Classification: R11; Q54


Tags: urbanization; flooding; climate change; urban recovery

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CEP Discussion Paper
Productivity and Organization in Portuguese Firms Lorenzo Caliendo, Giordano Mion, Luca David Opromolla and Esteban Rossi-Hansberg December 2015
Paper No' CEPDP1397:
Read Abstract | Full Paper (pdf)

JEL Classification: D22; D24; L23; F16; J24; J31


Tags: productivity; organization; wages; managers; layers; tfp; firm size

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CEP Discussion Paper
Testing Means-Tested Aid Richard Murphy and Gill Wyness
December 2015
Paper No' CEPDP1396:
Read Abstract | Full Paper (pdf)

JEL Classification: I22; I23; I28


Tags: higher education; financial aid; degree completion

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CEP Discussion Paper
The Price Ain't Right? Hospital Prices and Health Spending on the Privately Insured Zack Cooper, Stuart Craig, Martin Gaynor and John Van Reenen December 2015
Paper No' CEPDP1395:
Read Abstract | Full Paper (pdf)

JEL Classification: Ill; L10; L11


Tags: healthcare; health spending; hospitals; prices; price dispersion; competition; market structure

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CEP Discussion Paper
The youngest Get the Pill: ADHD Misdiagnosis and the Production of Education in Germany Hannes Schwandt and Amelie Wuppermann December 2015
Paper No' CEPDP1394:
Read Abstract | Full Paper (pdf)

JEL Classification: I1; I2; J1


Tags: adhd; misdiagnosis; age cut-off; education

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CEP Discussion Paper
International Technology Transfer and Domestic Innovation: Evidence from the High-Speed Rail Sector in China Yatang Lin, Yu Qin and Zhuan Zie December 2015
Paper No' CEPDP1393:
Read Abstract | Full Paper (pdf)

JEL Classification: O25; O33; O38


Tags: innovation; foreign technology transfer; knowledge spillover; china

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SERC/Urban and Spatial Programme Discussion Paper
Trade and Frictional Unemployment in the Global Economy Céline Carrère, Anja Grujovic and Frédéric Robert-Nicoud
December 2015
Paper No' SERCDP0189:
Read Abstract | Full Paper (pdf)

JEL Classification: F15; F16; F17; J64


Tags: labor market frictions; unemployment; trade

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CEP Discussion Paper
Do People Seek to Maximize Their Subjective Well-Being? Marc Fleurbaey and Hannes Schwandt
November 2015
Paper No' CEPDP1391:
Read Abstract | Full Paper (pdf)

JEL Classification: D03; D60


Tags: subjective well-being; life satisfaction; happiness; life goals; utility

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CEP Discussion Paper
Information Frictions and Adverse Selection: Policy Interventions in Health Insurance Markets Benjamin R. Handel, Jonathan T. Kolstad and Johannes Spinnewijn November 2015
Paper No' CEPDP1390:
Read Abstract | Full Paper (pdf)

JEL Classification: D80; I13


Tags: information frictions; adverse selection; policy interventions

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CEP Discussion Paper
The Persistence of a Banking Crisis Kilian Huber
November 2015
Paper No' CEPDP1389:
Read Abstract | Full Paper (pdf)

JEL Classification: D22; D53; E24; E44; G01; G21; J01; J23; J30; O16; O40; O47


Tags: banking crisis; financial frictions; lending; gdp; growth; employment

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CEP Discussion Paper
Commuting, Migration and Local Employment Elasticities Ferdinando Monte, Stephen J. Redding and Esteban Rossi-Hansberg
November 2015
Paper No' CEPDP1385:
Read Abstract | Full Paper (pdf)

JEL Classification: F16; J6; J61; R0


Tags: commuting; migration and local employment elasticities

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CEP Discussion Paper
The Unbearable Divergence of Unemployment in Europe Tito Boeri and Juan Francisco Jimeno
November 2015
Paper No' CEPDP1384:
Read Abstract | Full Paper (pdf)

JEL Classification: J3; J5


Tags: okun's law; institutions; financial shocks

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CEP Discussion Paper
Distaste for Centralization: Evidence from a Quasi-Natural Experiment in Switzerland Sarah Flèche
November 2015
Paper No' CEPDP1383:
Read Abstract | Full Paper (pdf)

JEL Classification: H11; H40; I31


Tags: decentralization; life satisfaction; public spending; procedural utility

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CentrePiece Article
Immigration: the link to international trade in services Gianmarco Ottaviano and colleagues explore the relationship between two notable features of globalisation Gianmarco Ottaviano, Giovanni Peri and Greg C. Wright
November 2015
Paper No' CEPCP459:
Read Abstract | Full Paper (pdf)

CentrePiece 20 (2) Autumn 2015


Tags: immigration; services trade


This article summarises 'Immigration, Trade and Productivity in Services: Evidence from UK Firms' by Gianmarco Ottaviano, Giovanni Peri and Greg Wright, CEP Discussion Paper No. 1353
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CentrePiece Article
Wage stagnation and the legacy costs of employment Brian Bell reveals the downside of special payments to fund deficit gaps in 'defined benefit' company pension schemes Brian Bell
November 2015
Paper No' CEPCP458:
Read Abstract | Full Paper (pdf)

CentrePiece 20 (2) Autumn 2015


Tags: decoupling; wages; productivity; compensation; labour income share

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CentrePiece Article
Regulatory reform in Greece: the benefits of removing maximum mark-ups Christos Genakos and colleagues analyse the impact of deregulating the market for fresh fruit and vegetables Christos Genakos, Pantelis Koutroumpis and Mario Pagliero November 2015
Paper No' CEPCP456:
Read Abstract | Full Paper (pdf)

CentrePiece 20 (2) Autumn 2015


Tags: markup regulation; focal point; collusion; ex-post policy evaluation


This article summarises 'The Impact of Maximum Mark-up Regulation on Prices' by Christos Genakos, Pantelis Koutroumpis and Mario Pagliero, CEP Discussion Paper No. 1310
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CentrePiece Article
The upside of London Tube strikes Ferdinand Rauch and colleagues find that many commuters benefit from forced experimentation on routes to work Shaun Larcom, Ferdinand Rauch and Tim Willems
November 2015
Paper No' CEPCP455:
Read Abstract | Full Paper (pdf)

CentrePiece 20 (2) Autumn 2015


Tags: experimentation; learning; optimization; rationality; search


This article summarises 'The Benefits of Forced Experimentation: Striking Evidence from the London Underground Network' by Shaun Larcom, Ferdinand Rauch and Tim Willems, CEP Discussion Paper No. 1372
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CentrePiece Article
In brief...Prejudice in a time of recession David Johnston and Grace Lordan detect a widening of racial inequalities in the UK labour market when the economy is weak David W. Johnston and Grace Lordan
November 2015
Paper No' CEPCP453:
Read Abstract | Full Paper (pdf)

CentrePiece 20 (2) Autumn 2015


Tags: prejudice; attitudes; recessions; racism; discrimination


This article summarises 'Racial Prejudice and Labour Market Penalties during Economic Downturns' by David Johnston and Grace Lordan, forthcoming in the European Economic Review
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CEP Discussion Paper
Contracting and the Division of the Gains from Trade Andrew B. Bernard and Swati Dhingra
October 2015
Paper No' CEPDP1381:
Read Abstract | Full Paper (pdf)

JEL Classification: F10; F12; F14


Tags: heterogeneous firms; exporters; importers; vertical integration; contracts; consumer welfare

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CEP Discussion Paper
Measuring Economic Policy Uncertainty Scott R. Baker, Nicholas Bloom and Steven J. Davis
October 2015
Paper No' CEPDP1379:
Read Abstract | Full Paper (pdf)

JEL Classification: D80; E22; E66; G18; L50


Tags: economic uncertainty; policy uncertainty; business cycles; fluctuations


This paper has been published as:
'Measuring Economic Policy Uncertainty', Scott R. Baker, Nicholas Bloom, Steven J. Davis, The Quarterly Journal of Economics, Vol 131, Issue 4, November 2016
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CEP Discussion Paper
Merger Policy in a Quantitative Model of International Trade Holger Breinlich, Volker Nocke and Nicolas Schutz
October 2015
Paper No' CEPDP1378:
Read Abstract | Full Paper (pdf)

JEL Classification: F12; F13; L13; L44


Tags: mergers and acquisitions; merger policy; trade policy; oligopoly; international trade

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CEP Discussion Paper
The Effect of Police Response Time on Crime Detection Jordi Blanes i Vidal and Tom Kirchmaier
October 2015
Paper No' CEPDP1376:
Read Abstract | Full Paper (pdf)

JEL Classification: D29; K40


Tags: police crime; organisational performance

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SERC/Urban and Spatial Programme Discussion Paper
Transfer Taxes and Household Mobility: Distortion on the Housing or Labor Market? Christian A. L. Hilber and Teemu Lyytikäinen October 2015
Paper No' SERCDP0187:
Read Abstract | Full Paper (pdf)

JEL Classification: D23; H21; H27; J61; R21; R31; R38


Tags: transfer taxes; stamp duty; transaction costs; homeownership; household mobility

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CEP Discussion Paper
Relational Contracts and Supplier Turnover in the Global Economy Fabrice Defever, Christian Fischer and Jens Suedekum
October 2015
Paper No' CEPDP1375:
Read Abstract | Full Paper (pdf)

JEL Classification: D23; L23; F23


Tags: firm organization; input sourcing; relational contracts; supplier search; processing trade; china

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SERC/Urban and Spatial Programme Discussion Paper
ICT and Education: Evidence from Student Home Addresses Benjamin Faber, Rosa Sanchis-Guarner and Felix Weinhardt
October 2015
Paper No' SERCDP0186:
Read Abstract | Full Paper (pdf)

JEL Classification: F66; I20; D83


Tags: education; information and communication technology; internet

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SERC/Urban and Spatial Programme Discussion Paper
Offshoring and the Geography of Jobs in Great Britain Luisa Gagliardi, Simona Iammarino and Andrés Rodríguez-Pose
October 2015
Paper No' SERCD0185:
Read Abstract | Full Paper (pdf)

JEL Classification: F21; F66; J42; J23; J24


Tags: offshoring; local labour markets; job creation and destruction; routine and non-routine occupations

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CEP Discussion Paper
Crime, Compulsory Schooling Laws and Education Brian Bell, Rui Costa and Stephen Machin
October 2015
Paper No' CEPDP1374:
Read Abstract | Full Paper (pdf)

JEL Classification: I2; K42


Tags: crime; education; compulsory schooling laws

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SERC/Urban and Spatial Programme Discussion Paper
Quantitative Easing of an International Financial Centre: How Central London Came So Well Out of the Post-2007 Crisis Ian Gordon September 2015
Paper No' SERCDP0193:
Read Abstract | Full Paper (pdf)

JEL Classification: R11; R12; E58; E32


Tags: spatial imbalance; regional economic fluctuation; financial centre; monetary

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CEP Discussion Paper
Loss Aversion on the Phone Christos Genakos, Costas Roumanias and Tommaso Valletti
September 2015
Paper No' CEPDP1373:
Read Abstract | Full Paper (pdf)

JEL Classification: D03; D12; D81; L96


Tags: loss aversion; consumer switching; tariff plans; risk aversion; mobile telephony

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CEP Discussion Paper
Intrafirm Trade and Vertical Fragmentation in U.S. Multinational Corporations Natalia Ramondo, Veronica Rappoport and Kim J. Ruhl September 2015
Paper No' CEPDP1371:
Read Abstract | Full Paper (pdf)

JEL Classification: F12; F14; L11; L25


Tags: intrafirm trade; multinational corporations; international value chains

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CEP Discussion Paper
Diversification through Trade Francesco Caselli, Miklos Koren, Milan Lisicky and Silvana Tenreyro
August 2015
Paper No' CEPDP1388:
Read Abstract | Full Paper (pdf)

JEL Classification: E32; F4; F41; F44; F6; F62


Tags: international trade; diversification; gdp

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CEP Discussion Paper
Consumption Smoothing and the Welfare Cost of Uncertainty Yonas Alem and Jonathan Colmer
August 2015
Paper No' CEPDP1369:
Read Abstract | Full Paper (pdf)

JEL Classification: D8; O12; I3


Tags: uncertainty; consumption smoothing; subjective well-being

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CEP Discussion Paper
Media, Markets and Institutional Change: Evidence from the Protestant Reformation Jeremiah Dittmar and Skipper Seabold
August 2015
Paper No' CEPDP1367:
Read Abstract | Full Paper (pdf)

JEL Classification: D02; O3; N33; N94; P48; Z12; L82; C55


Tags: competition; firms; media; technology; institutions; religion; politics; high-dimensional data

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CEP Discussion Paper
New Media, Competition and Growth: European Cities After Gutenberg Jeremiah Dittmar
August 2015
Paper No' CEPDP1365:
Read Abstract | Full Paper (pdf)

JEL Classification: L1; N13; N33; N93; O11; O18; O33


Tags: information technology; io; media; growth; history; business education

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CEP Discussion Paper
Job Loss at Home: Children's School Performance During the Great Recession in Spain Jenifer Ruiz-Valenzuela
July 2015
Paper No' CEPDP1364:
Read Abstract | Full Paper (pdf)

JEL Classification: I20; I24; J63; J65


Tags: parental job loss; school performance; great recession

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CentrePiece Article
Crime scars: can recessions produce career criminals? Brian Bell and colleagues reveal that recessions have a disturbing and substantial impact in launching criminal careers Brian Bell, Anna Bindler and Stephen Machin
July 2015
Paper No' CEPCP451:
Read Abstract | Full Paper (pdf)

CentrePiece 20 (1) Summer 2015


JEL Classification: J64; K42


Tags: crime; recessions; unemployment


This article summarises ‘Crime Scars: Recessions and the Making of Career Criminals’ by Brian Bell, Anna Bindler and Stephen Machin, CEP Discussion Paper No. 1284.
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CentrePiece Article
Family business: management effort and firm performance Raffaella Sadun and colleagues analyse time use data on over 1,000 CEOs in family and professionalled firms Oriana Bandiera, Andrea Prat and Raffaella Sadun
July 2015
Paper No' CEPCP450:
Read Abstract | Full Paper (pdf)

CentrePiece 20 (1) Summer 2015


JEL Classification: M12; L2; D24


Tags: ceo; time; family firms; competition; productivity


This article summarises ‘Managing the Family Firm: Evidence from CEOs atWork’ by Oriana Bandiera, Andrea Prat and Raffaella Sadun, CEP Discussion Paper No. 1250.
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CentrePiece Article
In brief... American Idol: 65 years of admiration Alan Manning and Amar Shanghavi
July 2015
Paper No' CEPCP449:
Read Abstract | Full Paper (pdf)

CentrePiece 20 (1) Summer 2015


JEL Classification: Z1


Tags: admiration; trust

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SERC/Urban and Spatial Programme Discussion Paper
Business as Unusual. An Explanation of the Increase of Private Economic Activity in High-Conflict Areas in Afghanistan Tommaso Ciarli, Chiara Kofol and Carlo Menon July 2015
Paper No' SERCDP0182:
Read Abstract | Full Paper (pdf)

JEL Classification: O12; D74; L26; R12


Tags: violent conflict; entrepreneurship; development

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SERC/Urban and Spatial Programme Discussion Paper
Regulating Housing Vacancies Away? The Paradoxical Effects of Mismatch Paul Cheshire, Christian A. L. Hilber and Hans R. A. Koster July 2015
Paper No' SERCDP0181:
Read Abstract | Full Paper (pdf)

JEL Classification: R13; R38


Tags: residential vacancy rates; housing supply constraints; land use regulation

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CEP Discussion Paper
Does Worker Wellbeing Affect Workplace Performance? Alex Bryson, John Forth and Lucy Stokes
July 2015
Paper No' CEPDP1363:
Read Abstract | Full Paper (pdf)

JEL Classification: J28


Tags: subjective well being; job satisfaction; job-related affect; workplace performance

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SERC/Urban and Spatial Programme Discussion Paper
Big Plant Closures and Agglomeration Economies Jordi Jofri-Monseny, Maria Sánchez-Vidal and Elisabet Viladecans-Marsal
July 2015
Paper No' SERCDP0179:
Read Abstract | Full Paper (pdf)

JEL Classification: R12; R23; R58; J23


Tags: local employment; plant closures; input-output; agglomeration economies

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SERC/Urban and Spatial Programme Discussion Paper
What Makes Cities More Productive? Agglomeration Economies and the Role of Urban Governance: Evidence from 5 OECD Countries Rudiger Ahrend, Emily Farchy, Ioannis Kaplanis and Alexander C. Lembcke July 2015
Paper No' SERCDP0178:
Read Abstract | Full Paper (pdf)

JEL Classification: R12; R23; R50; H73


Tags: cities; productivity; governance; agglomeration economies

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CEP Discussion Paper
The Optimal Timing of UI Benefits: Theory and Evidence from Sweden Jonas Kolsrud, Camille Landais, Peter Nilsson and Johannes Spinnewijn July 2015
Paper No' CEPDP1361:
Read Abstract | Full Paper (pdf)

JEL Classification: H20; J64


Tags: unemployment; dynamic policy; sufficient statistics; consumption smoothing

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SERC/Urban and Spatial Programme Discussion Paper
Are People Moving Home Less? An Analysis of Address Changing in England and Wales, 1971-2011, Using the ONS Longitudinal Study Tony Champion and Ian Shuttleworth July 2015
Paper No' SERCDP0177:
Read Abstract | Full Paper (pdf)

JEL Classification: J11; J61; O15; R23


Tags: internal migration; migration intensity; long-term trend; longitudinal study; england and wales; microdata

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SERC/Urban and Spatial Programme Discussion Paper
Is Internal Migration Slowing? An Analysis of Four Decades of NHSCR Records for England and Wales Tony Champion and Ian Shuttleworth July 2015
Paper No' SERCDP0176:
Read Abstract | Full Paper (pdf)

JEL Classification: J11; J61; O15; R23


Tags: internal migration; migration intensity; between-area moves; long-term trend; england and wales

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CEP Discussion Paper
Informal Care and the Great Recession Joan Costa Font, Martin Karlsson and Henning Oien
June 2015
Paper No' CEPDP1360:
Read Abstract | Full Paper (pdf)

JEL Classification: I18


Tags: long-term care; informal care; great recession; downturn; old age dependency

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CEP Discussion Paper
ICT and Education: Evidence from Student Home Addresses Benjamin Faber, Rosa Sanchis-Guarner and Felix Weinhardt
June 2015
Paper No' CEPDP1359:
Read Abstract | Full Paper (pdf)

JEL Classification: F66; I20; D83


Tags: education; information and communication technology; internet

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CEP Discussion Paper
Globalization: A Woman's Best Friend? Exporters and the Gender Wage Gap Esther Ann Bøler, Beata Javorcik and Karen Helene Ulltveit-Moe June 2015
Paper No' CEPDP1358:
Read Abstract | Full Paper (pdf)

JEL Classification: F10; F14; F16; J16


Tags: exporters; globalization; gender wage gap

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CEP Discussion Paper
The Persistence of Local Joblessness Michael Amior and Alan Manning
June 2015
Paper No' CEPDP1357:
Read Abstract | Full Paper (pdf)

JEL Classification: J61; J64; R23


Tags: local labor markets; unemployment; inactivity; internal migration; commuting

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CEP Discussion Paper
Do More of those in Misery Suffer From Poverty, Unemployment or Mental Illness? Sarah Flèche and Richard Layard
June 2015
Paper No' CEPDP1356:
Read Abstract | Full Paper (pdf)

JEL Classification: I1; I3; I31; I32


Tags: mental health; life-satisfaction; wellbeing; poverty; unemployment

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CEP Occasional Paper
The UK's Productivity Puzzle Alex Bryson and John Forth
May 2015
Paper No' CEPOP45:
Read Abstract | Full Paper (pdf)

JEL Classification: D22; E22; E23; E24; J23; J24; J3


Tags: productivity; recession

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CEP Discussion Paper
Immigration, Trade and Productivity in Services: Evidence from UK Firms Gianmarco I. P. Ottaviano, Giovanni Peri and Greg C. Wright May 2015
Paper No' CEPDP1353:
Read Abstract | Full Paper (pdf)

JEL Classification: F16; F10; F22; F23


Tags: immigration; services trade

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CEP Discussion Paper
Retail Globalization and Household Welfare: Evidence from Mexico David Atkin, Benjamin Faber and Marco Gonzalez-Navarro
May 2015
Paper No' CEPDP1351:
Read Abstract | Full Paper (pdf)

JEL Classification: F15; F23; F63; O24


Tags: supermarket revolution; foreign direct investment; gains from trade

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CEP Discussion Paper
Large Capital Inflows, Sectoral Allocation and Economic Performance Gianluca Benigno, Nathan Converse and Luca Fornaro
May 2015
Paper No' CEPDP1348:
Read Abstract | Full Paper (pdf)

JEL Classification: F31; F32; F41; O41


Tags: capital flows; surges; sectoral allocation; sudden stops

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CEP Election Analysis
#ElectionEconomics: The Research Evidence on Key Issues for Voters in the 2015 UK General Election Ghazala Azmat, Brian Bell, Jonathan Colmer, Antoine Dechezleprêtre, Swati Dhingra, Christian Hilber, Stephen Machin, Alan Manning, Ralf Martin, Alistair McGuire, Sandra McNally, Gianmarco Ottaviano, Henry Overman, Isabelle Roland, Thomas Sampson, Anna Valero, John Van Reenen, Jonathan Wadsworth, Gill Wyness and Gabriel Zucman April 2015
Paper No' CEPEA034:
Read Abstract | Full Paper (pdf)
| Executive Summary (pdf)

Tags: 2015 uk general election; government policy; austerity; productivity; health; nhs; education; higher education; immigration; brexit; eu; inequality; real wages; unemployment; gender; management; productivity; uk housing; environment; climate change; uk cities; infrastructure; taxation

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CEP Election Analysis
Energy and the Environment: a cold climate for climate change policies? Jonathan Colmer, Antoine Dechezleprêtre and Ralf Martin April 2015
Paper No' CEPEA032:
Read Abstract | Full Paper (pdf) | View Video (pdf)

Tags: energy; climate change; environment; #electioneconomics

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CEP Election Analysis
Fighting Crime: Can the Police do more with less? Brian Bell
April 2015
Paper No' CEPEA031:
Read Abstract | Full Paper (pdf)

Tags: crime; police; #electioneconomics

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CEP Election Analysis
Inequality: Are we really 'all in this together'? Gabriel Zucman
April 2015
Paper No' CEPEA030:
Read Abstract | Full Paper (pdf)

Tags: inequality; wages; wealth; taxes; #electioneconomics

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SERC/Urban and Spatial Programme Discussion Paper
Moving People with Ideas - Innovation, Inter-regional Mobility and Firm Heterogeneity Riccardo Crescenzi and Luisa Gagliardi
April 2015
Paper No' SERCDP0174:
Read Abstract | Full Paper (pdf)

JEL Classification: O31; O15; J61; R23


Tags: innovation; labour mobility; inter-regional migration; spillovers

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CEP Discussion Paper
Is Happiness a Predictor of Election Results? George Ward
April 2015
Paper No' CEPDP1343:
Read Abstract | Full Paper (pdf)

JEL Classification: I31; D72


Tags: subjective well-being; political agency; elections

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CEP Election Analysis
Health: How Will the NHS Fare in a Cold Climate? Alistair McGuire and John Van Reenen
April 2015
Paper No' CEPEA028:
Read Abstract | Full Paper (pdf)

Tags: hospital competition; market structure; 2015 general election; government policy; nhs

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CEP Discussion Paper
Giving a Little Help to Girls? Evidence on Grade Discrimination and its Effect on Students' Achievement Camille Terrier
March 2015
Paper No' CEPDP1341:
Read Abstract | Full Paper (pdf)

JEL Classification: I21; I24; J16


Tags: gender; grading; discrimination; progress

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SERC/Urban and Spatial Programme Discussion Paper
Exploring the Geography of China's Airport Networks: A Hybrid Complex-Network Approach Zhengbin Dong and Wenjie Wu
March 2015
Paper No' SERCDP0173:
Read Abstract | Full Paper (pdf)

JEL Classification: C55; O18; R12; P25


Tags: airport system; complex network; regional development; china

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SERC/Urban and Spatial Programme Discussion Paper
From Periphery to Core: Measuring Agglomeration Effects Using High-Speed Rail Gabriel M. Ahlfeldt and Arne Feddersen
March 2015
Paper No' SERCDP0172:
Read Abstract | Full Paper (pdf)

JEL Classification: R12; R28; R38; R48


Tags: accessibility; agglomeration; high-speed rail; market potential; transport policy

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CEP Election Analysis
Should We Stay or Should We Go? The economic consequences of leaving the EU Swati Dhingra, Gianmarco I. P. Ottaviano and Thomas Sampson March 2015
Paper No' CEPEA022:
Read Abstract | Full Paper (pdf) | View Video (pdf)

JEL Classification: F13;F17;F60


Tags: trade; european union; welfare; brexit; #electioneconomics; government policy; 2015 general election

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CEP Discussion Paper
Why are Higher Skilled Workers More Mobile Geographically? The Role of the Job Surplus Michael Amior
March 2015
Paper No' CEPDP1338:
Read Abstract | Full Paper (pdf)

JEL Classification: J24; J61; J64


Tags: internal migration; job search; education; skills

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CEP Discussion Paper
Asymmetric Industrial Energy Prices and International Trade Antoine Dechezleprêtre and Misato Sato
March 2015
Paper No' CEPDP1337:
Read Abstract | Full Paper (pdf)

JEL Classification: F18; F14; Q56


Tags: energy prices; international trade; carbon taxes

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CEP Discussion Paper
Evaluating the Impact of Sunday Trading Deregulation Svetoslav Danchev and Christos Genakos
March 2015
Paper No' CEPDP1336:
Read Abstract | Full Paper (pdf)

JEL Classification: J23; L11; L51; L81


Tags: sunday trading regulation; opening hours regulation; retail sector

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CEP Discussion Paper
The Roles of Import Competition and Export Opportunities for Technical Change Claudia Steinwender
February 2015
Paper No' CEPDP1334:
Read Abstract | Full Paper (pdf)

JEL Classification: F12; F13; F14; L25


Tags: import competition; technical change; productivity; exporting

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CEP Election Analysis
Immigration and the UK Labour Market Jonathan Wadsworth
February 2015
Paper No' CEPEA019:
Read Abstract | Full Paper (pdf)

Tags: immigration; european union; uk; government policy; education; labour market; jobs; wages

CEP Discussion Paper
The Impact of Immigration on the Local Labor Market Outcomes of Blue Collar Workers: Panel Data Evidence Javier Ortega and Gregory Verdugo February 2015
Paper No' CEPDP1333:
Read Abstract | Full Paper (pdf)

JEL Classification: J15; J31


Tags: immigration; wages; employment

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CEP Discussion Paper
Teachers and Performance Pay in 2014: First Results of a Survey David Marsden
February 2015
Paper No' CEPDP1332:
Read Abstract | Full Paper (pdf)

JEL Classification: J33; J45; M52


Tags: compensation packages; payment methods; public sector labor markets; compensation

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CEP Discussion Paper
Rise of the Machines: The Effects of Labor-Saving Innovations on Jobs and Wages Andy Feng and Georg Graetz
February 2015
Paper No' CEPDP1330:
Read Abstract | Full Paper (pdf)

JEL Classification: E25; J23; J31; M53; O33


Tags: automation; job polarization; technical change; wage inequality; training

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CEP Discussion Paper
Share Capitalism and Worker Wellbeing Alex Bryson, Andrew E. Clark, Richard B. Freeman and Colin P. Green
February 2015
Paper No' CEPDP1329:
Read Abstract | Full Paper (pdf)

JEL Classification: J28; J33; J54; J63; J81; M52


Tags: job satisfaction; wages; compensation methods; working conditions

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CEP Discussion Paper
Schooling, Nation Building and Industrialization: A Gellnerian Approach Esther Hauk and Javier Ortega
February 2015
Paper No' CEPDP1328:
Read Abstract | Full Paper (pdf)

JEL Classification: D02; I2; N00; O14


Tags: nation-building; education; industrialization

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CEP Discussion Paper
Voting Behaviour and Public Employment in Nazi Germany Stephan E. Maurer
February 2015
Paper No' CEPDP1326:
Read Abstract | Full Paper (pdf)

JEL Classification: D72; D73; N44; N94


Tags: political connections; public employment; political economy; nazi regime

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SERC/Urban and Spatial Programme Discussion Paper
Distinctively Different: A New Approach to Valuing Architectural Amenities Gabriel M. Ahlfeldt and Nancy Holman
February 2015
Paper No' SERCDP0171:
Read Abstract | Full Paper (pdf)

JEL Classification: R52; D23; C7


Tags: architecture; beauty; boundary discontinuity; conservation areas; design; england; property prices

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CEP Discussion Paper
Vertical Transmission of Overweight: Evidence From English Adoptees Joan Costa Font, Mireia Jofre-Bonet and Julian Le Grand
January 2015
Paper No' CEPDP1324:
Read Abstract | Full Paper (pdf)

JEL Classification: I18; D13; Z1


Tags: vertical transmission; cultural transmission; overweight; children; natural parents; body mass index; sample selection

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CentrePiece Article
Educational efficiency: value for money in public spending on schools Peter Dolton, Oscar Marcenaro Gutierrez and Adam Still
January 2015
Paper No' CEPCP441:
Read Abstract | Full Paper (pdf)

CentrePiece 19 (3) Winter 2015


Tags: education; policy; funding; quality measures; educational efficiency

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CentrePiece Article
TTIP: is free trade coming to the North Atlantic? Dennis Novy
January 2015
Paper No' CEPCP437:
Read Abstract | Full Paper (pdf)

CentrePiece 19 (3) Winter 2015


Tags: transatlantic trade; globalisation; free trade; europe; usa

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SERC/Urban and Spatial Programme Discussion Paper
Urban Development and Air Pollution: Evidence from a Global Panel of Cities Christian A. L. Hilber and Charles Palmer
December 2014
Paper No' SERCDP0169:
Read Abstract | Full Paper (pdf)

JEL Classification: Q01; Q53; R11; R41


Tags: urbanization; urban form; decentralization; air pollution; transport; built environment

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CEP Discussion Paper
Making Do With Less: Working Harder During Recessions Edward P. Lazear, Kathryn L. Shaw and Christopher Stanton
December 2014
Paper No' CEPDP1321:
Read Abstract | Full Paper (pdf)

JEL Classification: M50; D20; E32; L22


Tags: recession; productivity; sorting

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CEP Discussion Paper
'American Idol' - 65 years of Admiration Alan Manning and Amar Shanghavi
December 2014
Paper No' CEPDP1320:
Read Abstract | Full Paper (pdf)

JEL Classification: Z1


Tags: admiration; trust

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CEP Discussion Paper
Financial Constraints in Search Equilibrium: Mortensen and Pissarides Meet Holmstrom and Tirole Tito Boeri, Pietro Garibaldi and Espen R. Moen December 2014
Paper No' CEPDP1317:
Read Abstract | Full Paper (pdf)

JEL Classification: G01; J64


Tags: search frictions; financial frictions; leverage; liquidity; pledgeability

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CEP Discussion Paper
Adaptation to Poverty in Long-Run Panel Data Andrew E. Clark, Conchita D'Ambrosio and Simone Ghislandi
November 2014
Paper No' CEPDP1315:
Read Abstract | Full Paper (pdf)

JEL Classification: I31; D60


Tags: income; poverty; subjective well-being; adaptation; soep

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CEP Discussion Paper
Do Women Earn Less Even as Social Entrepreneurs? Saul Estrin, Ute Stephan and Suncica Vujic
November 2014
Paper No' CEPDP1313:
Read Abstract | Full Paper (pdf)

JEL Classification: J28; J31; J71; L32


Tags: social entrepreneur; gender pay gap; social enterprise; earnings; job satisfaction

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CEP Discussion Paper
The Impact of Maximum Markup Regulation on Prices Christos Genakos, Pantelis Koutroumpis and Mario Pagliero
October 2014
Paper No' CEPDP1310:
Read Abstract | Full Paper (pdf)

JEL Classification: L0; L1; L4; L5


Tags: markup regulation; focal point; collusion; ex-post policy evaluation

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SERC/Urban and Spatial Programme Discussion Paper
Asymptotic Properties of Imputed Hedonic Price Indices Olivier Schöni
October 2014
Paper No' SERCDP0166:
Read Abstract | Full Paper (pdf)

JEL Classification: C21; C43; C53; C58


Tags: price indices; hedonic regression; imputation; asymptotic theory

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CEP Occasional Paper
Knowledge-based Hierarchies: Using Organizations to Understand the Economy Luis Garicano and Esteban Rossi-Hansberg
October 2014
Paper No' CEPOP43:
Read Abstract | Full Paper (pdf)

Tags: knowledge; hierarchies; wage inequality; international trade

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CEP Discussion Paper
Optimal Contracting and the Organization of Knowledge William Fuchs, Luis Garicano and Luis Rayo
October 2014
Paper No' CEPDP1308:
Read Abstract | Full Paper (pdf)

JEL Classification: D86; L22; J33; J44


Tags: contracting; experts; professional service firms; partnership; venture capital

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CEP Discussion Paper
City of Dreams Jorge De la Roca, Gianmarco I. P. Ottaviano and Diego Puga
October 2014
Paper No' CEPDP1305:
Read Abstract | Full Paper (pdf)

JEL Classification: R10; R23


Tags: cities; sorting; agglomeration; self-confidence; learning

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CentrePiece Article
The ‘investor route’ to UK citizenship David Metcalf
October 2014
Paper No' CEPCP430:
Read Abstract | Full Paper (pdf)

CentrePiece 19 (2) Autumn 2014


Tags: migration advisory committee; visas; policy

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CentrePiece Article
Improving education in two extremely poor regions: triumph and tragedy Peter Boone
October 2014
Paper No' CEPCP427:
Read Abstract | Full Paper (pdf)

CentrePiece 19 (2) Autumn 2014


Tags: india; west africa; education

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CEP Discussion Paper
From Selling Goods to Selling Services: Firm Responses to Trade Liberalization Holger Breinlich, Anson Soderbery and Greg C. Wright September 2014
Paper No' CEPDP1303:
Read Abstract | Full Paper (pdf)

JEL Classification: F12; F15; F23


Tags: services trade; trade liberalization

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CEP Discussion Paper
European Integration and the Gains from Trade Gianmarco I. P. Ottaviano
September 2014
Paper No' CEPDP1301:
Read Abstract | Full Paper (pdf)

JEL Classification: F10; F15; F17


Tags: gains from trade; european integration; quantitative trade models; gravity equations; structural estimation

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CEP Discussion Paper
Knowledge Spillovers from Clean and Dirty Technologies Antoine Dechezleprêtre, Ralf Martin and Myra Mohnen
September 2014
Paper No' CEPDP1300:
Read Abstract | Full Paper (pdf)

JEL Classification: O30; O44; Q54; Q55; Q58; H23


Tags: innovation spill-overs; climate change; growth; patents; clean technology; optimal climate policy

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CEP Discussion Paper
Patents and the Global Diffusion of New Drugs Iain Cockburn, Jean O. Lanjouw and Mark Schankerman
September 2014
Paper No' CEPDP1298:
Read Abstract | Full Paper (pdf)

JEL Classification: O31; O33; O34; O38; I15; I18; K19; L65


Tags: patents; pharmaceuticals; diffusion; drug launches; price regulation


This paper has been published as:
Patents and the Global Diffusion of New Drugs, Iain M. Cockburn, Jean O. Lanjouw and Mark Schankerman, American Economic Association, Vol 106, No.1, January 2016
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CEP Discussion Paper
Education and Health Knowledge: Evidence from UK Compulsory Schooling Reforms David W. Johnston, Grace Lordan, Michael A. Shields and Agne Suziedelyte September 2014
Paper No' CEPDP1297:
Read Abstract | Full Paper (pdf)

JEL Classification: I20; I10; I12


Tags: education; health; knowledge; compulsory schooling; causality

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CEP Discussion Paper
Early, Late or Never? When Does Parental Education Impact Child Outcomes? Matt Dickson, Paul Gregg and Harriet Robinson
September 2014
Paper No' CEPDP1295:
Read Abstract | Full Paper (pdf)

JEL Classification: I20; J62; J24


Tags: intergenerational mobility; schooling; child development; alspac

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SERC/Urban and Spatial Programme Discussion Paper
Local Economic Conditions and the Nature of New Housing Supply Christian A. L. Hilber, Jan Rouwendal and Wouter Vermeulen
August 2014
Paper No' SERCDP0164:
Read Abstract | Full Paper (pdf)

JEL Classification: R11; R21; R31; R52


Tags: local economic conditions; open monocentric city model; land conversion; housing supply; housing type; housing consumption; land use regulation; migration

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SERC/Urban and Spatial Programme Discussion Paper
Neighbourhood Turnover and Teenage Attainment Stephen Gibbons, Olmo Silva and Felix Weinhardt
August 2014
Paper No' SERCDP0163:
Read Abstract | Full Paper (pdf)

JEL Classification: C21; I20; R23


Tags: education; neighbourhood; turnover; social capital


This paper has been published as:
'Neighbourhood Turnover and Teenage Attainment', Stephen Gibbons, Olmo Silva and Felix Weinhardt,Journal of the European Economic Association, Volume 15, Issue 4, 1 August 2017
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SERC/Urban and Spatial Programme Discussion Paper
Spatial Methods Steve Gibbons, Henry G. Overman and Eleonora Patacchini
August 2014
Paper No' SERCDP0162:
Read Abstract | Full Paper (pdf)

JEL Classification: R; C1; C5


Tags: spatial analysis; spatial econometrics; neighbourhood effects; agglomeration; weights matrix

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CEP Discussion Paper
Immigration, Diversity and the Labour Market Outcomes of Native Workers: Some Recent Developments Gianmarco I. P. Ottaviano August 2014
Paper No' CEPDP1292:
Read Abstract | Full Paper (pdf)

JEL Classification: F22; J31; J61


Tags: immigration; wages; productivity; cultural diversity

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CEP Discussion Paper
Benford's Law, Families of Distributions and a Test Basis John Morrow
August 2014
Paper No' CEPDP1291:
Read Abstract | Full Paper (pdf)

JEL Classification: C10; C24; C46


Tags: benford's law; data quality; fraud detection

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SERC/Urban and Spatial Programme Discussion Paper
Speed 2.0. Evaluating Access to Universal Digital Highways Gabriel M. Ahlfeldt, Pantelis Koutroumpis and Tommaso Valletti
July 2014
Paper No' SERCDP0161:
Read Abstract | Full Paper (pdf)

JEL Classification: L1; H4; R2


Tags: internet; property prices; capitalization; digital speed; universal access to broadband

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CEP Discussion Paper
Crime Scars: Recessions and the Making of Career Criminals Brian Bell, Anna Bindler and Stephen Machin
July 2014
Paper No' CEPDP1284:
Read Abstract | Full Paper (pdf)

JEL Classification: J64; K42


Tags: crime; recessions; unemployment

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CEP Discussion Paper
Evaluating a Decade of Mobile Termination Rate Regulation Christos Genakos and Tommaso Valletti
July 2014
Paper No' CEPDP1282:
Read Abstract | Full Paper (pdf)
Data Files associated with this paper.

JEL Classification: D12; D43; L5; L96; L98


Tags: mobile telephony; termination rates; waterbed effect


This paper has been published as:
Evaluating a Decade of Mobile Termination Rate Regulation, Christos Genakos and Tommaso Valletti, The Economic Journal, Volume 125, Issue 586, August 2015
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CEP Discussion Paper
Fueling the Gender Gap? Oil and Women's Labor and Marriage Market Outcomes Stephan E. Maurer and Andrei V. Potlogea
June 2014
Paper No' CEPDP1280:
Read Abstract | Full Paper (pdf)

JEL Classification: R1; N5; O1; J1


Tags: oil; structural transformation; female labor force; participation; gender pay gap

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CEP Discussion Paper
Biomarkers and Long-term Market Outcomes: The Case of Creatine Petri Bockerman, Alex Bryson, Christian Hakulinen, Jaakko Pehkonen, Laura Pulkki-Raback, Olli Raitakari and Jutta Viinikainen June 2014
Paper No' CEPDP1279:
Read Abstract | Full Paper (pdf)

JEL Classification: I19; J3


Tags: biomarkers; creatine; creatinine; labour market; earnings; employment

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CEP Discussion Paper
Transportation Costs and the Spatial Organization of Economic Activity Stephen J. Redding and Matthew A. Turner
June 2014
Paper No' CEPDP1277:
Read Abstract | Full Paper (pdf)

JEL Classification: F15; R12; R40


Tags: highways; market access; railroads; transportation

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CEP Discussion Paper
Transparency and Deliberation within the FOMC: A Computational Linguistics Approach Stephen Hansen, Michael McMahon and Andrea Prat June 2014
Paper No' CEPDP1276:
Read Abstract | Full Paper (pdf)

JEL Classification: E52; E58; D78


Tags: monetary policy; deliberation; fomc; transparency; career concerns

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CEP Discussion Paper
The Dynamics of Employment Growth: New Evidence from 18 Countries Chiara Criscuolo, Peter N. Gal and Carlo Menon
June 2014
Paper No' CEPDP1274:
Read Abstract | Full Paper (pdf)

JEL Classification: D22; L26; E24; L25


Tags: business dynamics; employment growth; small businesses; business demography; startups; great recession; job creation and destruction

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CEP Discussion Paper
External Integration, Structural Transformation and Economic Development: Evidence From Argentina Pablo Fajgelbaum and Stephen J. Redding June 2014
Paper No' CEPDP1273:
Read Abstract | Full Paper (pdf)

JEL Classification: F11; F14; O13; O14


Tags: external integration; economic development; structural transformation

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CEP Discussion Paper
Are Firms Paying More For Performance? Alex Bryson, John Forth and Lucy Stokes
June 2014
Paper No' CEPDP1272:
Read Abstract | Full Paper (pdf)

JEL Classification: J33


Tags: performance pay; bonuses; recession; business cycle; finance

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CEP Discussion Paper
Not So Dissatisfied After All? The Impact of Union Coverage on Job Satisfaction Alex Bryson and Michael White
June 2014
Paper No' CEPDP1271:
Read Abstract | Full Paper (pdf)

JEL Classification: C35; J28; J51


Tags: unions; union coverage; union membership; job satisfaction

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CEP Discussion Paper
Eliciting Taxpayer Preferences Increases Tax Compliance Jan-Emmanuel De Neve, Cait Lamberton and Michael I. Norton
May 2014
Paper No' CEPDP1270:
Read Abstract | Full Paper (pdf)

JEL Classification: D03; H26; H30; H50; I31


Tags: tax compliance; taxpayer agency; taxpayer satisfaction; government spending

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SERC/Urban and Spatial Programme Discussion Paper
First-Come First-Served: Identifying the Demand Effect of Immigration Inflows on House Prices Rosa Sanchis-Guarner
May 2014
Paper No' SERCDP0160:
Read Abstract | Full Paper (pdf)

JEL Classification: J61; R12; R21


Tags: immigration; housing markets; instrumental variables

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CEP Discussion Paper
Trade and Uncertainty Dennis Novy and Alan M. Taylor
May 2014
Paper No' CEPDP1266:
Read Abstract | Full Paper (pdf)

JEL Classification: E3; F1


Tags: uncertainty shock; trade collapse; inventory; real options; imports; intermediates

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CentrePiece Article
In brief: Does management matter in schools? Renata Lemos
May 2014
Paper No' CEPCP424:
Read Abstract | Full Paper (pdf)

CentrePiece 19 (1) Spring 2014


Tags: education; management; school management index; pupil outcomes; school performance

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CentrePiece Article
In brief: Management in America Nicholas Bloom, Erik Brynjolfsson, Lucia Foster, Ron Jarmin, Megha Patnaik, Itay Saporta-Eksten and John Van Reenen May 2014
Paper No' CEPCP423:
Read Abstract | Full Paper (pdf)

CentrePiece 19 (1) Spring 2014


JEL Classification: M1


Tags: it; management; productivity; organization


This article summarises 'IT and Management in America' by Nicholas Bloom, Erik Brynfolfsson, Lucia Foster, Ron Jarmin, Megha Patnaik, Itay Saporta-Eksten and John Van Reenen, CEP Discussion Paper No. 1258, February 2014.
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CentrePiece Article
Falling real wages David Blanchflower and Stephen Machin
May 2014
Paper No' CEPCP422:
Read Abstract | Full Paper (pdf)

CentrePiece 19 (1) Spring 2014


Tags: wage inequality; real wage growth; unemployment; usa; uk; great recession

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CentrePiece Article
Minimum wages: the economics and the politics Alan Manning
May 2014
Paper No' CEPCP419:
Read Abstract | Full Paper (pdf)

CentrePiece 19 (1) Spring 2014


JEL Classification: J31;J38; J41


Tags: national minimum wage; employment; living wage; politics; public policy

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CEP Occasional Paper
The New Empirical Economics of Management Nicholas Bloom, Renata Lemos, Raffaella Sadun, Daniela Scur and John Van Reenen
April 2014
Paper No' CEPOP41:
Read Abstract | Full Paper (pdf)

JEL Classification: L2; M2; O14; O32; O33


Tags: management; organization; productivity


This paper has been published as:
JEEA-FBBVA Lecture 2013: The New Empirical Economics of Management, Nicholas Bloom, Renata Lemos, Raffaella Sadun, Daniela Scur and John Van Reenen, Journal of the European Economic Association, Volume 12, Issue , August 2014
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CEP Special Report
Internationalization and Innovation of Firms: Evidence and Policy Carlo Altomonte, Tommaso Aquilante, Gábor Békés and Gianmarco I. P. Ottaviano April 2014
Paper No' CEPSP032:
Read Abstract | Full Paper (pdf)

JEL Classification: F13; F23; F68; O31; O38


Tags: internationalization; innovation; firm-level data; exports; foreign direct investment; outsourcing

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CEP Discussion Paper
Video Killed the Radio Star? Online Music Videos and Digital Music Sales Tobias Kretschmer and Christian Peukert
April 2014
Paper No' CEPDP1265:
Read Abstract | Full Paper (pdf)

JEL Classification: L82; M37; D83


Tags: sampling; displacement; promotion; natural experiment

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CEP Discussion Paper
Immigration and the Access to Social Housing in the UK Diego Battiston, Richard Dickens, Alan Manning and Jonathan Wadsworth
April 2014
Paper No' CEPDP1264:
Read Abstract | Full Paper (pdf)

JEL Classification: F22; R21; H75


Tags: immigration; social housing

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SERC/Urban and Spatial Programme Discussion Paper
Chicken or Egg? The PVAR Econometrics of Transportation Gabriel M. Ahlfeldt, Kristoffer Moeller and Nicolai Wendland
March 2014
Paper No' SERCDP0158:
Read Abstract | Full Paper (pdf)

JEL Classification: R12; R14; R41; N73; N74


Tags: transport; land use; berlin; history; panel vector; autoregression

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SERC/Urban and Spatial Programme Policy Paper
Evaluating Spatial Policies Steve Gibbons, Max Nathan and Henry G. Overman
March 2014
Paper No' SERCPP012:
Read Abstract | Full Paper (pdf)

JEL Classification: A11; C81; C93; R00


Tags: spatial economics; evaluation; impact evaluation; econometrics; research design; public policy; economic development

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SERC/Urban and Spatial Programme Discussion Paper
Culturally Clustered or in the Cloud? Location of Internet Start-ups in Berlin Kristoffer Moeller
March 2014
Paper No' SERCDP0157:
Read Abstract | Full Paper (pdf)

JEL Classification: R30; D22; L26


Tags: firm location; urban amenities; consumer city; internet start-ups; entrepreneurs; berlin

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CEP Occasional Paper
Gender and the Labor Market: What Have We Learned from Field and Lab Experiments? Ghazala Azmat and Barbara Petrongolo
March 2014
Paper No' CEPOP40:
Read Abstract | Full Paper (pdf)

JEL Classification: J16; J24; J71; C91; C92; C93


Tags: gender; field experiments; lab experiments; discrimination; gender preferences

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SERC/Urban and Spatial Programme Discussion Paper
The Impact of Better School Accessibility on Student outcomes Kenzo Asahi
March 2014
Paper No' SERCDP0156:
Read Abstract | Full Paper (pdf)

JEL Classification: R42; H41; I29


Tags: school accessibility; subway; test scores; student achievement; transport innovations

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CEP Discussion Paper
The Impact of Mandatory Entitlement to Paid Leave on Employment in the UK Alexander C. Lembcke
March 2014
Paper No' CEPDP1262:
Read Abstract | Full Paper (pdf)

JEL Classification: J08; J23; J45


Tags: uk working time regulation; employment and labour regulation; uk lfs

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CEP Discussion Paper
Trapped Factors and China's Impact on Global Growth Nicholas Bloom, Paul Romer, Stephen Terry and John Van Reenen
March 2014
Paper No' CEPDP1261:
Read Abstract | Full Paper (pdf)
Data Files associated with this paper.

JEL Classification: D92; E22; D8; C23


Tags: innovation; trade; china; endogenous growth

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CEP Discussion Paper
The Political Economy of Inclusive Rural Growth Michael Carter and John Morrow
February 2014
Paper No' CEPDP1259:
Read Abstract | Full Paper (pdf)

JEL Classification: O1; D2; H4; Q1


Tags: poverty traps; political economy; inequality; lobby formation

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CEP Discussion Paper
IT and Management in America Nicholas Bloom, Erik Brynjolfsson, Lucia Foster, Ron Jarmin, Megha Patnaik, Itay Saporta-Eksten and John Van Reenen February 2014
Paper No' CEPDP1258:
Read Abstract | Full Paper (pdf)

JEL Classification: M1


Tags: it; management; productivity; organization

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SERC/Urban and Spatial Programme Discussion Paper
Relocation of Public Sector Workers: Evaluating a Place-based Policy Giulia Faggio
February 2014
Paper No' SERCDP0155:
Read Abstract | Full Paper (pdf)

JEL Classification: O1; R23; R58; J61


Tags: economic development; regional labour markets; regional government policy; job displacement

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CEP Discussion Paper
When Work Disappears: Racial Prejudice and Recession Labour Market Penalties David W. Johnston and Grace Lordan
February 2014
Paper No' CEPDP1257:
Read Abstract | Full Paper (pdf)

JEL Classification: J7


Tags: prejudice; attitudes; recessions; racism; discrimination

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CentrePiece Article
Economics of higher education Richard Murphy and Gill Wyness
February 2014
Paper No' CEPCP412:
Read Abstract | Full Paper (pdf)

CentrePiece 18 (3) Winter 2014


Tags: higher education; uk; government policy

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CEP Discussion Paper
Economic Uncertainty, Parental Selection, and the Criminal Activity of the 'Children of the Wall' Arnaud Chevalier and Olivier Marie January 2014
Paper No' CEPDP1256:
Read Abstract | Full Paper (pdf)

JEL Classification: J13; K42


Tags: crime; parental selection; fertility; economic uncertainty; risk attitude

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SERC/Urban and Spatial Programme Discussion Paper
'Iconic Design' as Deadweight Loss: Rent Acquisition by Design in the Constrained London Office Market Paul Cheshire and Gerard Dericks January 2014
Paper No' SERCDP0154:
Read Abstract | Full Paper (pdf)

JEL Classification: H3; J6; Q15; R52


Tags: land use regulation; regulatory costs; rent-seeking; office markets

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CEP Discussion Paper
Looking Ahead: Subjective Time Perception and Individual Time Discounting W. David Bradford, Paul Dolan and Matteo M. Galizzi
January 2014
Paper No' CEPDP1255:
Read Abstract | Full Paper (pdf)

JEL Classification: D1; D10; D91


Tags: time preferences; time perception; hyperbolic discounting

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CEP Discussion Paper
Missing Gains from Trade? Marc J. Melitz and Stephen J. Redding
January 2014
Paper No' CEPDP1254:
Read Abstract | Full Paper (pdf)

JEL Classification: F10; F11; F15


Tags: productivity; sequential production; welfare gains from trade

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CEP Occasional Paper
Money, Well-being and Loss Aversion: Does an Income Loss Have a Greater Effect on Well-being than an Equivalent Income Gain? Christopher J. Boyce, Alex M. Wood, James Banks, Andrew E. Clark and Gordon D.A. Brown January 2014
Paper No' CEPOP39:
Read Abstract | Full Paper (pdf)

JEL Classification: D03; D31; I31


Tags: loss aversion; money; income; subjective well-being

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SERC/Urban and Spatial Programme Discussion Paper
Heterogeneous Agglomeration Giulia Faggio, Olmo Silva and William C. Strange
January 2014
Paper No' SERCDP0152:
Read Abstract | Full Paper (pdf)

JEL Classification: R00; R28


Tags: agglomeration; microfoundations; heterogeneity; clusters

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CEP Discussion Paper
Childhood Sporting Activities and Adult Labour-Market Outcomes Charlotte Cabane and Andrew E. Clark
December 2013
Paper No' CEPDP1253:
Read Abstract | Full Paper (pdf)

JEL Classification: J24; J13; L83; I2


Tags: job characteristics; education; sport; school

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CEP Discussion Paper
Upward Social Mobility, Well-being and Political Preferences: Evidence from the BHPS Andrew E. Clark and Emanuela D'Angelo
December 2013
Paper No' CEPDP1252:
Read Abstract | Full Paper (pdf)

JEL Classification: A14; C25; D31; D63; J28; J62


Tags: social mobility; satisfaction; redistribution; inequality; voting

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SERC/Urban and Spatial Programme Discussion Paper
Urban Renewal after the Berlin Wall Gabriel M. Ahfeldt, Wolfgang Maennig and Felix J. Richter
December 2013
Paper No' SERCDP0151:
Read Abstract | Full Paper (pdf)

JEL Classification: D62; H23; R21; R31


Tags: urban; renewal; revitalization; redevelopment; hedonic regression; quasi-experiment

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CEP Discussion Paper
Flex Cars and Competition in Ethanol and Gasoline Retail Markets Juliano Assuncao, Joao Paulo Pessoa and Leonardo Rezende
December 2013
Paper No' CEPDP1251:
Read Abstract | Full Paper (pdf)

JEL Classification: L11; L13; L62; L71


Tags: flex-fuel vehicles; gasoline; ethanol; price competition; spatial competition; discrete equilibrium price dispersion

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CEP Discussion Paper
Managing the Family Firm: Evidence from CEOs at Work Oriana Bandiera, Renata Lemos, Andrea Prat and Raffaella Sadun
December 2013
Paper No' CEPDP1250:
Read Abstract | Full Paper (pdf)

JEL Classification: M12; L2; D24


Tags: ceo; time; family firms; competition; productivity

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SERC/Urban and Spatial Programme Discussion Paper
Local Institutions and Local Economic Growth: The State of the Local Enterprise Partnerships (LEPs) in England - A National Survey David Marlow, Anja McCarthy, Peter O'Brien, Andy Pike and John Tomaney November 2013
Paper No' SERCDP0150:
Read Abstract | Full Paper (pdf)

JEL Classification: H70; O10; O20; R58


Tags: local; institutions; economic growth; local enterprise partnerships; england

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SERC/Urban and Spatial Programme Discussion Paper
Immigrant Diversity and Economic Development in Cities: A Critical Review Thomas Kemeny
November 2013
Paper No' SERCDP0149:
Read Abstract | Full Paper (pdf)

JEL Classification: O4; O15; O18; O31; R0; J28; J31


Tags: diversity; immigration; cities; regional economic performance

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CEP Discussion Paper
Resetting the Urban Network: 117-2012 Guy Michaels and Ferdinand Rauch
November 2013
Paper No' CEPDP1248:
Read Abstract | Full Paper (pdf)

JEL Classification: R11; N93; O18


Tags: economic geography; economic history; path dependence; transportation

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SERC/Urban and Spatial Programme Discussion Paper
Cheap Imports and the Loss of U.S. Manufacturing Jobs Abigail Cooke, Thomas Kemeny and David Rigby
November 2013
Paper No' SERCDP0148:
Read Abstract | Full Paper (pdf)

JEL Classification: F14; F15; F16; F6; J31


Tags: international trade; import competition; job loss; inequality; manufacturing

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SERC/Urban and Spatial Programme Discussion Paper
Gender and Competition: Evidence from Academic Promotions in France Clément Bosquet, Pierre-Philippe Combes and Cecila Garcia-Penalosa November 2013
Paper No' SERCDP0147:
Read Abstract | Full Paper (pdf)

JEL Classification: J16; J7; I23


Tags: gender gaps; promotions; academic labour markets

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SERC/Urban and Spatial Programme Discussion Paper
Here Be Startups: Exploring a young digital cluster in Inner East London Max Nathan and Emma Vandore
November 2013
Paper No' SERCDP0146:
Read Abstract | Full Paper (pdf)

JEL Classification: L2; L52; M13; O18; O31; R11


Tags: digital economy; cities; clusters; innovation; london; silicon roundabout; tech city


This paper has been published as:
Here be startups: exploring London’s Tech City digital cluster by Max Nathan and Emma Vandore, Environment and Planning A, Volume 46, Issue 10 April 2014
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CEP Discussion Paper
Decoupling of Wage Growth and Productivity Growth? Myth and Reality Joao Paulo Pessoa and John Van Reenen
October 2013
Paper No' CEPDP1246:
Read Abstract | Full Paper (pdf)

JEL Classification: E24; J20; J30


Tags: decoupling; wages; productivity; compensation; labour income share.

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SERC/Urban and Spatial Programme Discussion Paper
No Escape? The Co-ordination Problem in Heritage Preservation Gabriel M. Ahlfeldt and Nancy Holman
October 2013
Paper No' SERCDP0145:
Read Abstract | Full Paper (pdf)

JEL Classification: R52; D23; C7


Tags: designation; england; heritage; property value; prisoner’s dilemma

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CEP Discussion Paper
Trade Integration, Market Size and Industrialization: Evidence from China's National Trunk Highway System Benjamin Faber
October 2013
Paper No' CEPDP1244:
Read Abstract | Full Paper (pdf)

JEL Classification: F12; F15; O18; R12


Tags: trade integration; industrialization; road infrastructure


This paper has been published as:
Review of Economic Studies, Volume 81, Issue 3, July 2014
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CEP Occasional Paper
Medium and Long Run Prospects for UK Growth in the Aftermath of the Financial Crisis Nicholas Oulton
October 2013
Paper No' CEPOP37:
Read Abstract | Full Paper (pdf)

JEL Classification: J24; E32; O41; G01; H63


Tags: productivity; potential output; growth; financial; banking crisis; recession

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SERC/Urban and Spatial Programme Discussion Paper
Cultural Diversity, Cities and Innovation: firm Effects or City Effects? Neil Lee
October 2013
Paper No' SERCDP0144:
Read Abstract | Full Paper (pdf)

JEL Classification: J61; L21; M13; 011; 031; R23


Tags: cultural diversity; innovation; cities; smes; migration

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CEP Discussion Paper
Intergenerational Persistence in Income and Social Class: The Impact of Within-Group Inequality Jo Blanden, Paul Gregg and Lindsey Macmillan September 2013
Paper No' CEPDP1242:
Read Abstract | Full Paper (pdf)

JEL Classification: J13; J31; Z13


Tags: intergenerational income mobility; social class fluidity; income inequality

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SERC/Urban and Spatial Programme Discussion Paper
Game of Zones: The Economics of Conservation Areas Gabriel M. Ahlfeldt, Kristoffer Moeller, Sevrin Waights and Nicolai Wendland September 2013
Paper No' SERCDP0143:
Read Abstract | Full Paper (pdf)

JEL Classification: H23; H31; R40; R58


Tags: designation; difference-in-difference; rdd-dd; england; gentrification; heritage; property value

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SERC/Urban and Spatial Programme Discussion Paper
Do Long Distance Moves Discourage Homeownership? Evidence from England Sejeong Ha and Christian A. L. Hilber
September 2013
Paper No' SERCDP0141:
Read Abstract | Full Paper (pdf)

JEL Classification: J61; R21; R23


Tags: residential mobility; distance of residential relocation; information cost; investment risk; homeownership; tenure choice

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SERC/Urban and Spatial Programme Discussion Paper
Gibrat's Law and the British Industrial Revolution Alexander Klein and Tim Leunig
September 2013
Paper No' SERCDO0140:
Read Abstract | Full Paper (pdf)

JEL Classification: N93; R12


Tags: gibrat’s law; city-size distribution; industrial revolution

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SERC/Urban and Spatial Programme Discussion Paper
Urban Escalators and Inter-regional Elevators: The Difference that Location, Mobility and Sectoral Specialisation make to Occupational Progression Tony Champion, Mike Coombes and Ian Gordon September 2013
Paper No' SERCDP0139:
Read Abstract | Full Paper (pdf)

JEL Classification: J24; J61; J62; R23


Tags: escalator region; labour migration; elevator effect; city-regions; social mobility; career progression

CEP Discussion Paper
Mental Illness and Unhappiness Dan Chisholm, Richard Layard, Vikram Patel and Shekhar Saxena
September 2013
Paper No' CEPDP1239:
Read Abstract | Full Paper (pdf)

JEL Classification: I10; I14; I18


Tags: mental illness; welfare benefits; healthcare costs; life-satisfaction

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CEP Discussion Paper
Crime and Immigration: New Evidence from England and Wales Laura Jaitman and Stephen Machin
September 2013
Paper No' CEPDP1238:
Read Abstract | Full Paper (pdf)

JEL Classification: F22;K42


Tags: crime; immigration; enclaves; a8.

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CEP Discussion Paper
The Objective Benefits of Subjective Well-Being Jan-Emmanuel De Neve, Ed Diener, Louis Tay and Cody Xuereb
August 2013
Paper No' CEPDP1236:
Read Abstract | Full Paper (pdf)

JEL Classification: E10;E30;E24;E21


Tags: unemployment; aggregate demand; matching frictions

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CEP Discussion Paper
A Model of Aggregate Demand and Unemployment Pascal Michaillat and Emmanuel Saez
August 2013
Paper No' CEPDP1235:
Read Abstract | Full Paper (pdf)

JEL Classification: E10; E30; E24; E21


Tags: unemployment; aggregate demand; matching frictions

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CEP Discussion Paper
The Buyer Margins of Firms' Exports Jerónimo Carballo, Gianmarco I. P. Ottaviano and Christian Volpe Martincus
July 2013
Paper No' CEPDP1234:
Read Abstract | Full Paper (pdf)

JEL Classification: F12; F14


Tags: firm heterogeneity; taste heterogeneity; import-export relations; competition; selection

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CEP Discussion Paper
Regional Growth and Regional Decline Holger Breinlich, Gianmarco I. P. Ottaviano and Jonathan R. W. Temple
July 2013
Paper No' CEPDP1232:
Read Abstract | Full Paper (pdf)

JEL Classification: O18; R11; R12; R13


Tags: regional growth; regional convergence; regional decline

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CEP Discussion Paper
Unemployment and Domestic Violence: Theory and Evidence Dan Anderberg, Helmut Rainer, Jonathan Wadsworth and Tanya Wilson
July 2013
Paper No' CEPDP1230:
Read Abstract | Full Paper (pdf)

JEL Classification: J12; D19


Tags: domestic violence; unemployment


This paper has been published as:
'Unemployment and Domestic Violence: Theory and Evidence', Dan Anderberg, Helmut Rainer, Jonathan Wadsworth and Tanya Wilson, The Economic Journal, 126(597), November 2016
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CEP Discussion Paper
Unmet Aspirations as an Explanation for the Age U-Shape in Human Wellbeing Hannes Schwandt
July 2013
Paper No' CEPDP1229:
Read Abstract | Full Paper (pdf)

JEL Classification: A12;I30;D84


Tags: life satisfaction; expectations; aging

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CEP Discussion Paper
Enhancing Recovery Rates: Lessons from Year One of the English Improving Access to Psychological Therapies Programme David M. Clark, Alex Gyani, Richard Layard and Roz Shafran July 2013
Paper No' CEPDP1227:
Read Abstract | Full Paper (pdf)

JEL Classification: I12; I18


Tags: mental illness; depression; anxiety; cognitive behavioural therapy

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CentrePiece Article
Bad management: a constraint on economic development? Renata Lemos and Daniela Scur
June 2013
Paper No' CEPCP394:
Read Abstract | Full Paper (pdf)

CentrePiece 18 (1) Summer 2013


JEL Classification: L2;M2;O14;O32;O33


Tags: management personnel economics; organisation; productivity; management

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CentrePiece Article
The UK's 'riddle of peacefulness': what explains falling crime? Mirko Draca
June 2013
Paper No' CEPCP392:
Read Abstract | Full Paper (pdf)

CentrePiece 18 (1) Summer 2013


Tags: crime; police; education

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CentrePiece Article
The economic future of British cities Henry Overman
June 2013
Paper No' CEPCP389:
Read Abstract | Full Paper (pdf)

CentrePiece 18 (1) Summer 2013


Tags: cities; urban economies; recession

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CEP Discussion Paper
Affirmative Action and University Fit: Evidence from Proposition 209 Peter Arcidiacono, Esteban Aucejo, Patrick Coate and V. Joseph Hotz June 2013
Paper No' CEPDP1224:
Read Abstract | Full Paper (pdf)

Tags: affirmative action; college enrollment; college graduation; mismatch

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CEP Discussion Paper
University Differences in the Graduation of Minorities in STEM Fields: Evidence from California Peter Arcidiacono, Esteban Aucejo and V. Joseph Hotz June 2013
Paper No' CEPDP1223:
Read Abstract | Full Paper (pdf)

Tags: stem majors; minorities; college graduation

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CEP Discussion Paper
Neighbors, Knowledge, and Nuggets: Two Natural Field Experiments on the Role of Incentives on Energy Conservation Paul Dolan and Robert Metcalfe June 2013
Paper No' CEPDP1222:
Read Abstract | Full Paper (pdf)

JEL Classification: D01; D03; D83; Q41


Tags: social norms; financial incentives; natural field experiments; energy consumption

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CEP Discussion Paper
A Question of Degree: The Effects of Degree Class on Labor Market Outcomes Andy Feng and Georg Graetz
May 2013
Paper No' CEPDP1221:
Read Abstract | Full Paper (pdf)

JEL Classification: C26; I24; J24; J31


Tags: high skill wage inequality; regression discontinuity design; statistical discrimination

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CEP Special Report
Education in a Devolved Scotland: A Quantitative Analysis Stephen Machin, Sandra McNally and Gill Wyness
May 2013
Paper No' CEPSP30:
Read Abstract | Full Paper (pdf)

Tags: scotland; education policy; devolution

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SERC/Urban and Spatial Programme Discussion Paper
The Urban Wage Growth Premium: Sorting or Learning? Sabine D'Costa and Henry G. Overman
May 2013
Paper No' SERCDP0135:
Read Abstract | Full Paper (pdf)

JEL Classification: R23; J31


Tags: urban wage premium; agglomeration; cities; wage growth; worker mobility


This paper has been published as:
Regional Science and Urban Economics, Volume 48, September 2014
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CEP Discussion Paper
Pushing On a String: US Monetary Policy is Less Powerful in Recessions Silvana Tenreyro and Gregory Thwaites
May 2013
Paper No' CEPDP1218:
Read Abstract | Full Paper (pdf)

JEL Classification: E52; E32


Tags: asymmetric effects of monetary policy; transmission mechanism; recession; durable goods; local projection methods

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CEP Discussion Paper
Innovation, Reallocation and Growth Daron Acemoglu, Ufuk Akcigit, Nicholas Bloom and William R. Kerr
May 2013
Paper No' CEPDP1216:
Read Abstract | Full Paper (pdf)

JEL Classification: E02; L1; O31; O32; O33


Tags: industrial policy; productivity growth; innovation; r&d

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CEP Discussion Paper
Has Job Polarization Squeezed the Middle Class? Evidence from the Allocation of Talents Michael J. Boehm
May 2013
Paper No' CEPDP1215:
Read Abstract | Full Paper (pdf)

JEL Classification: J21; J23; J24; J31


Tags: job polarization; wage inequality; talent allocation; roy model

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CEP Discussion Paper
Estimating Bayesian Decision Problems with Heterogeneous Priors Stephen Hansen and Michael McMahon
May 2013
Paper No' CEPDP1211:
Read Abstract | Full Paper (pdf)

JEL Classification: D72; D81; C13


Tags: bayesian decision making; expertise; preferences; estimation

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CEP Discussion Paper
Unemployment in the Great Recession Christopher A. Pissarides
May 2013
Paper No' CEPDP1210:
Read Abstract | Full Paper (pdf)

JEL Classification: E24; J6


Tags: unemployment; great recession; vacancies; beveridge curve; construction sector; policies and institutions

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CEP Discussion Paper
Decision–Making and Implementation in Teams Jordi Blanes i Vidal and Marc Möller
May 2013
Paper No' CEPDP1208:
Read Abstract | Full Paper (pdf)

JEL Classification: D02; D23; L29


Tags: teams; adaptation; motivation; decision–making; incentives

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CEP Discussion Paper
Monopolistic Competition and Optimum Product Selection: Why and How Heterogeneity Matters Antonella Nocco, Gianmarco I. P. Ottaviano and Matteo Salto April 2013
Paper No' CEPDP1206:
Read Abstract | Full Paper (pdf)

JEL Classification: D4; D6; F1; L0; L1


Tags: monopolistic competition; product diversity; heterogeneity; selection; welfare

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CEP Discussion Paper
Gender Gaps and the Rise of the Service Economy L. Rachel Ngai and Barbara Petrongolo
April 2013
Paper No' CEPDP1204:
Read Abstract | Full Paper (pdf)

JEL Classification: E24; J22; J16


Tags: gender gaps; structural transformation; marketization

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CEP Discussion Paper
Smoking, Income and Subjective Well-Being: Evidence from Smoking Bans Abel Brodeur
April 2013
Paper No' CEPDP1202:
Read Abstract | Full Paper (pdf)

JEL Classification: D62; H51; I18; I38


Tags: adaptation; addiction; smoking policies; subjective well-being; time-inconsistency

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CEP Discussion Paper
The Surprisingly Dire Situation of Children's Education in Rural West Africa: Results from the CREO Study in Guinea-Bissau Peter Boone, Ila Fazzio, Kameshwari Jandhyala, Chitra Jayanty, Gangadhar Jayanty, Simon Johnson, Vimala Ramachandrin, Filipa Silva and Zhaoguo Zhan April 2013
Paper No' CEPDP1201:
Read Abstract | Full Paper (pdf)

JEL Classification: O1; O55; I2; F35; H43


Tags: education; africa; survey results; numeracy; literacy

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SERC/Urban and Spatial Programme Discussion Paper
Does Better Rail Access Improve Homeowners’ Happiness?: Evidence Based on Micro Surveys in Beijing Wenjie Wu
April 2013
Paper No' SERCDP0134:
Read Abstract | Full Paper (pdf)

JEL Classification: D60; H41; R41


Tags: happiness; transport improvement; geographical information system; wellbeing; china

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SERC/Urban and Spatial Programme Discussion Paper
Do Large Departments Make Academics More Productive? Agglomeration and Peer Effects in Research Clément Bosquet and Pierre-Philippe Combes April 2013
Paper No' SERCDP0133:
Read Abstract | Full Paper (pdf)

JEL Classification: R12; J24; I3


Tags: productivity determinants; economic geography; networks; economics of science; selection and endogeneity

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CEP Discussion Paper
Outsourcing and the Rise in Services Giuseppe Berlingieri
April 2013
Paper No' CEPDP1199:
Read Abstract | Full Paper (pdf)
Data Files associated with this paper.

JEL Classification: D57; L16; L24; L84; O14; O41; O51


Tags: structural transformation; outsourcing; professional and business services; input-output tables; intermediates

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SERC/Urban and Spatial Programme Discussion Paper
How Far Do England’s Second-Order Cities Emulate London as Human-Capital ‘Escalators’? Tony Champion, Mike Coombes and Ian Gordon March 2013
Paper No' SERCDP0132:
Read Abstract | Full Paper (pdf)

JEL Classification: J24; J61; J62; R23


Tags: human-capital escalator; second-order cities; england; ons longitudinal study; career progression; city region

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CEP Discussion Paper
Where the Streets Have a Name: Income Comparisons in the US Abel Brodeur and Sarah Flèche
March 2013
Paper No' CEPDP1196:
Read Abstract | Full Paper (pdf)

JEL Classification: C25; D00; J31


Tags: income comparisons; rank; relative utility; social interactions; social status; well-being

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SERC/Urban and Spatial Programme Discussion Paper
Top Team Demographics, Innovation and Business Performance: Findings from English Firms and Cities 2008-9 Max Nathan
March 2013
Paper No' SERCDP0129:
Read Abstract | Full Paper (pdf)

JEL Classification: J61; L21; M13; O11; O31; R23


Tags: cities; innovation; entrepreneurship; cultural diversity; migration; gender

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CEP Discussion Paper
What are the Channels for Technology Sourcing? Panel Data Evidence from German Companies Dietmar Harhoff, Elisabeth Mueller and John Van Reenen March 2013
Paper No' CEPDP1193:
Read Abstract | Full Paper (pdf)

JEL Classification: O32; O33


Tags: technology sourcing; knowledge spillovers; productivity; open innovation


This paper has been published as:
Journal of Economics & Management Strategy, Volume 23, Number 1, Spring 2014, 204-224
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CEP Discussion Paper
CEO Incentive Contracts in China: Why Does City Location Matter? Alex Bryson, John Forth and Minghai Zhou
February 2013
Paper No' CEPDP1192:
Read Abstract | Full Paper (pdf)

JEL Classification: G34; J31; J33; M12; M52; O16; P31


Tags: executive compensation; ceo's; privatisation; fdi; china; cities

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CEP Discussion Paper
When the Cat is Near, the Mice Won't Play: The Effect of External Examiners in Italian Schools Marco Bertoni, Giorgio Brunello and Lorenzo Rocco February 2013
Paper No' CEPDP1191:
Read Abstract | Full Paper (pdf)

JEL Classification: C31; H52; I2


Tags: education; testing; external monitoring; indirect treatment effects

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CEP Discussion Paper
A Trapped Factors Model of Innovation Nicholas Bloom, Paul Romer, Stephen Terry and John Van Reenen
February 2013
Paper No' CEPDP1189:
Read Abstract | Full Paper (pdf)

JEL Classification: O33; F16; O38; J33


Tags: trade; innovation; china

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CEP Discussion Paper
Survive Another Day: Using Changes in the Composition of Investments to Measure the Cost of Credit Constraints Luis Garicano and Claudia Steinwender February 2013
Paper No' CEPDP1188:
Read Abstract | Full Paper (pdf)

JEL Classification: O32; O33; G31; E32


Tags: financial crisis; credit constraints; innovation; investment choices

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CEP Discussion Paper
Are You Happy While You Work? Alex Bryson and George MacKerron
February 2013
Paper No' CEPDP1187:
Read Abstract | Full Paper (pdf)

JEL Classification: I1; J0; J28


Tags: happiness; relaxation; work; wellbeing


This paper has been published as:
'Are you happy while you work?', Alex Bryson and George MacKerron, The Economic Journal, Volume 127, Issue 599, February 2017
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SERC/Urban and Spatial Programme Discussion Paper
Access All Areas? The Impact of Fees and Background on Student Demand for Postgraduate Higher Education in the UK Philip Wales February 2013
Paper No' SERCDP0128:
Read Abstract | Full Paper (pdf)

JEL Classification: C25; I2; J24; D12


Tags: education; human capital; skills; consumer economics: empirical analysis

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CEP Discussion Paper
Task Specialization in U.S. Cities from 1880-2000 Guy Michaels, Ferdinand Rauch and Stephen J. Redding
February 2013
Paper No' CEPDP1186:
Read Abstract | Full Paper (pdf)

JEL Classification: N92; O18; R12


Tags: economic development; human interaction; urbanization

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CEP Discussion Paper
Long and Short-Term Effects of the Financial Crisis on Labour Productivity, Capital and Output Nicholas Oulton and María Sebastiá-Barriel January 2013
Paper No' CEPDP1185:
Read Abstract | Full Paper (pdf)

JEL Classification: E23; E32; J24; O47


Tags: productivity; financial; banking crisis; recession


This paper has been published as:
Bank of England Working Paper No.470
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CEP Special Report
Investing for Prosperity: Skills, Infrastructure and Innovation Philippe Aghion, Timothy Besley, John Browne, Francesco Caselli, Richard Lambert, Rachel Lomax, Christopher Pissarides, Nick Stern and John Van Reenen January 2013
Paper No' CEPSP28:
Read Abstract | Full Paper (pdf) | View Video (pdf)

Tags: gdp; innovation; infrasstructure; uk economy; skills; apprenticeships; education; government policy

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CEP Discussion Paper
Free Trade Aggreements and the Consolidation of Democracy Xuepeng Liu and Emanuel Ornelas
January 2013
Paper No' CEPDP1184:
Read Abstract | Full Paper (pdf)

JEL Classification: F13; D72; F53; F15


Tags: regionalism; rent destruction; political regimes; trade liberalization

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SERC/Urban and Spatial Programme Discussion Paper
The Importance of Time Zone Assignment: Evidence from Residential Electricity Consumption Felix Weinhardt
January 2013
Paper No' SERDDP0126:
Read Abstract | Full Paper (pdf)

JEL Classification: H4; Q4


Tags: time-use; time zones; daylight saving; energy consumption; gis

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SERC/Urban and Spatial Programme Discussion Paper
Rocketing Rents The magnitude and attenuation of agglomeration economies in the commercial property market Hans R. A. Koster January 2013
Paper No' SERCDP0125:
Read Abstract | Full Paper (pdf)

JEL Classification: R30; R33


Tags: commercial buildings; hedonic pricing; agglomeration economies; spatial decay; kernel densities

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SERC/Urban and Spatial Programme Discussion Paper
Historic Amenities, Income and Sorting of Households Hans R. A. Koster, Piet Rietveld and Jos Van Ommeren
January 2013
Paper No' SERCDP0124:
Read Abstract | Full Paper (pdf)

JEL Classification: R14; R21; R31; R38


Tags: historic amenities; sorting; conservation areas; semiparametric regression-discontinuity design; hedonic price method

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SERC/Urban and Spatial Programme Discussion Paper
The Size Distribution Across All 'Cities': A Unifying Approach Kristian Giesen and Jens Suedekum
December 2012
Paper No' SERCDP0122:
Read Abstract | Full Paper (pdf)

JEL Classification: R11; R12


Tags: zipf's law; gibrat's law; city size distributions; city age; dpln distribution

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CEP Discussion Paper
Productivity As If Space Mattered: An Application to Factor Markets Across China Wenya Cheng, John Morrow and Kitjawat Tacharoen December 2012
Paper No' CEPDP1181:
Read Abstract | Full Paper (pdf)

JEL Classification: D22; D24; J24; J30; O15; R11


Tags: structural estimation; productivity; firm location; china

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CentrePiece Article
Immigration and the UK Labour Market David Metcalf
December 2012
Paper No' CEPCP381:
Read Abstract | Full Paper (pdf)

CentrePiece 17 (3) Winter 2012


Tags: immigration; government policy; eu; migration policy; work skills

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SERC/Urban and Spatial Programme Discussion Paper
Specialization and Regional Economic Development Thomas Kemeny and Michael Storper
December 2012
Paper No' SERCDP0121:
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JEL Classification: R11; R12; O21


Tags: specialization; diversification; agglomeration economies; urban wages

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CEP Discussion Paper
Estimating the Influence of Life Satisfaction and Positive Affect on Later Income Using Sibling Fixed-Effects Jan-Emmanuel De Neve and Andrew J. Oswald November 2012
Paper No' CEPDP1176:
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JEL Classification: I10; J24


Tags: income; life satisfaction; positive affect

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CEP Discussion Paper
Selection Effects with Heterogeneous Firms Monika Mrázová and J. Peter Neary
October 2012
Paper No' CEPDP1174:
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JEL Classification: F23; F15; F12


Tags: foreign direct investment (fdi); heterogeneous firms; proximity-concentration trade-off; r&d with threshold effects; super- and sub-convexity; supermodularity

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CEP US Election Analysis
Economic Recovery and Policy Uncertainty Scott R. Baker, Nick Bloom, Steven J. Davis and John Van Reenen
October 2012
Paper No' CEPUSA002:
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Tags: us elections; uncertainty; recession


One page summary (available in Adobe PDF)
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CEP Discussion Paper
Resilience to Economic Shocks and the Long Reach of Childhood Bullying Nattavudh Powdthavee
October 2012
Paper No' CEPDP1173:
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JEL Classification: D03; I19; J64


Tags: resilience; adaptation; happiness; unemployment; childhood; well-being

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CEP Discussion Paper
Optimal Policy for Macro-Financial Stability Gianluca Benigno, Huigang Chen, Chris Otrok, Alessandro Rebucci and Eric Young
October 2012
Paper No' CEPDP1172:
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JEL Classification: E52; F37; F41


Tags: bailouts; capital controls; exchange rate policy; financial frictions; financial crises; macro-financial stability; macro-prudential policies

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CEP Discussion Paper
The Careers of Immigrants Ana Damas de Matos
October 2012
Paper No' CEPDP1171:
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JEL Classification: J31; J61; J63


Tags: wage differentials; wage convergence; job mobility; immigration; linked employer-employee panel data

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CEP Discussion Paper
Policy Design in a Model with Swings in Risk Appetite Bianca De Paoli and Pawel Zabczyk
October 2012
Paper No' CEPDP1170:
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JEL Classification: E32; G12


Tags: policy design; cyclical risk aversion; new keynesian model; habit formation

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CEP Discussion Paper
Exporters, Importers and Credit Constraints Mirabelle Muûls
October 2012
Paper No' CEPDP1169:
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JEL Classification: F10; F14; G01; G20


Tags: credit constraints; international trade; firms’ heterogeneity; imports; exports

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CEP Discussion Paper
Brain Drain or Brain Gain? Technology Diffusion and Learning On-the-job Thomas Sampson
September 2012
Paper No' CEPDP1168:
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JEL Classification: F2; J24; O33


Tags: technology diffusion; managerial knowledge; learning on-the-job; fdi; brain drain

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CEP Discussion Paper
Taxes, Cigarette Consumption, and Smoking Intensity: Reply Jérôme Adda and Francesca Cornaglia
September 2012
Paper No' CEPDP1167:
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JEL Classification: D12; H25; I12


Tags: tobacco; public health; compensatory behavior; excise taxes

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CEP Occasional Paper
What Do We Know About China's CEO's? Evidence from Across the Whole Economy Alex Bryson, John Forth and Minghai Zhou
September 2012
Paper No' OP31:
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JEL Classification: G34; J31; J33; M12; M52; O16; P31


Tags: executive compensation; ceo's; corporate governance; agency theory; china; firm performance

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CEP Discussion Paper
Musn't Grumble. Immigration, Health and Health Service Use in the UK and Germany Jonathan Wadsworth
September 2012
Paper No' CEPDP1166:
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JEL Classification: H00; J00


Tags: immigration; health; health service

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SERC/Urban and Spatial Programme Discussion Paper
The Impact of Supply Constraints on House Prices in England Christian A. L. Hilber and Wouter Vermeulen
September 2012
Paper No' SERCDP0119:
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JEL Classification: G12; R11; R21; R31; R52


Tags: house prices; housing supply; supply constraints; land use regulation

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SERC/Urban and Spatial Programme Discussion Paper
The Economics of Density: Evidence from the Berlin Wall Gabriel M. Ahlfeldt, Stephen J. Redding, Daniel M. Sturm and Nikolaus Wolf September 2012
Paper No' SERCDP0118:
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JEL Classification: N34; O18; R12


Tags: agglomeration; dispersion; density; cities

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CEP Discussion Paper
A Cautionary Note on Using Industry Affiliation to Predict Income Jörn-Steffen Pischke and Hannes Schwandt
September 2012
Paper No' CEPDP1163:
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JEL Classification: D31; I14; I3; J31


Tags: industry wage differentials; health; happiness; intergenerational mobility

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CEP Discussion Paper
Is the International Border Effect Larger than the Domestic Border Effect? Evidence from U.S. Trade Cletus C. Coughlin and Dennis Novy September 2012
Paper No' CEPDP1162:
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JEL Classification: F10; F15


Tags: international border; intranational home bias; domestic border; gravity; trade costs; distance

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CEP Discussion Paper
Reserve Accumulation, Growth and Financial Crises Gianluca Benigno and Luca Fornaro
August 2012
Paper No' CEPDP1161:
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JEL Classification: F31; F32; F41; F43


Tags: foreign reserve accumulation; gross capital flows; growth; financial crises

CEE/Education and Skills Programme Discussion Paper
Student Awareness of Costs and Benefits of Educational Decisions: Effects of an Information Campaign Marty McGuigan, Sandra McNally and Gill Wyness August 2012
Paper No' CEEDP0139:
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JEL Classification: I2


Tags: tuition fees; information campaign; educational decisions

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CEP Discussion Paper
Capital Controls or Exchange Rate Policy? A Pecuniary Externality Perspective Gianluca Benigno, Huigang Chen, Christopher Otrok, Alessandro Rebucci and Eric R. Young August 2012
Paper No' CEPDP1160:
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JEL Classification: E52; F37; F41


Tags: capital controls; exchange rate policy; financial frictions; financial crises; financial stability; optimal taxation; prudential policies; planning problem

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CEP Special Report
Fiscal Consolidation During a Depression Nitika Bagaria, Dawn Holland and John Van Reenen
August 2012
Paper No' CEPSP27:
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Tags: fiscal consolidation; economy; unemployment; financial crisis


This paper has been published as:
National Institute Economic Review No. 221 July 2012
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SERC/Urban and Spatial Programme Discussion Paper
Does Public Investment Spur the Land Market?: Evidence from Transport Improvement in Beijing Wenjie Wu
July 2012
Paper No' SERCDP0116:
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JEL Classification: H41; Q51; R41


Tags: land prices; transport improvement; geographical information system; china

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SERC/Urban and Spatial Programme Discussion Paper
The Effect of the UK Stamp Duty Land Tax on Household Mobility Christian A. L. Hilber and Teemu Lyytikäinen
July 2012
Paper No' SERCDP0115:
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JEL Classification: D23; H21; H27; J61; R21; R31; R38


Tags: stamp duty; real estate transfer tax; transaction costs; household mobility

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CEP Discussion Paper
Not all Incentives Wash out the Warm Glow: The Case of Blood Donation Revisited Joan Costa Font, Mireia Jofre-Bonet and Steven T. Yen July 2012
Paper No' CEPDP1157:
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JEL Classification: I18; I38; Z13


Tags: altruism; blood donation; incentives; nudging; recursive system; warm glow

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CEP Discussion Paper
Female Employment and Fertility - The Effects of Rising Female Wages Christian Siegel
July 2012
Paper No' CEPDP1156:
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JEL Classification: D13; E24; J13; J22


Tags: fertility; female labor supply; household production; intrahousehold allocations

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CEP Discussion Paper
The German Transfer Problem, 1920-1933: A Sovereign Debt Perspective Albrecht Ritschl
July 2012
Paper No' CEPDP1155:
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