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CEP Discussion Papers

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SERC/Urban 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:
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JEL Classification: H70; O10; O20; R58


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

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SERC/Urban Programme Discussion Paper
Traffic Externalities and Housing Prices: Evidence from the London Congestion Charge Cheng Keat Tang
August 2016
Paper No' SERCDP0205:
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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 Programme Discussion Paper
The Housing Market Impacts of Constraining Second Home Investments Christian A. L. Hilber and Olivier Schöni
August 2016
Paper No' SERCDP0204:
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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:
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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:
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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:
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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:
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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:
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JEL Classification: J16; J24; I28; I21


Tags: university education; high school curriculum; stem

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SERC/Urban 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:
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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:
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Tags: productivity; trade; competition

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SERC/Urban Programme Discussion Paper
The Preservation of Historic Districts - Is it Worth it? Sevrin Waights
July 2016
Paper No' SERCDP0202:
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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:
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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:
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JEL Classification: E24; J20; J44


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

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SERC/Urban Programme Discussion Paper
The Geography of City Liveliness and Land Use Configurations: Evidence from Location-Based Big Data in Beijing Chengyu Li, Mark Wang, Jianghao Wang and Wenjie Wu July 2016
Paper No' SERCDP0201:
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JEL Classification: C14; P25


Tags: big data; gtwr; local linear estimator; city liveliness; land use; china

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CEP Discussion Paper
CEO Pay and the Rise of Relative Performance Contracts: A Question of Governance Brian Bell and John Van Reenen
July 2016
Paper No' CEPDP1439:
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JEL Classification: J33; J31; G30


Tags: ceo; pay; incentives; equity plans

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CVER Research Paper
Post-Compulsory Education in England: Choices and Implications Claudia Hupkau, Sandra McNally, Jenifer Ruiz-Valenzuela and Guglielmo Ventura July 2016
Paper No' CVERDP001:
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JEL Classification: I20; I24; I28


Tags: vocational education; apprenticeships; progression routes

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CEP Discussion Paper
Powering Education Fadi Hassan and Paolo Lucchino
July 2016
Paper No' CEPDP1438:
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JEL Classification: O12; I25; C93


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

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CEP Discussion Paper
Local and Sectoral Import Spillovers in Sweden Evangelia Leda Pateli
June 2016
Paper No' CEPDP1437:
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JEL Classification: J; R


Tags: importers; spillovers

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CEP Discussion Paper
Without My medal on My Mind: Counterfactual Thinking and Other Determinants of Athlete Emotions Paul Dolan, Chloe Foy, Georgios Kavetsos and Laura Kudrna June 2016
Paper No' CEPDP1436:
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JEL Classification: D60; I31


Tags: counterfactual thinking; close calls; relative status; happiness; olympic games

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


Tags: production networks; trade; productivity; infrastructure

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SERC/Urban 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:
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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:
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JEL Classification: L2; M2; O32; O33


Tags: management practices; productivity; competition

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CEP Discussion Paper
Product Switching and the Business Cycle Andrew B. Bernard and Toshihiro Okubo
May 2016
Paper No' CEPDP1432:
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JEL Classification: L11; E32; L21; L25; L60


Tags: product adding; product dropping; multi-product firms; trapped factors

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SERC/Urban Programme Discussion Paper
Location, Search Costs and Youth Unemployment: Experimental Evidence from Transport Subsidies in Addis Ababa Simon Franklin May 2016
Paper No' SERCDP0199:
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JEL Classification: J64; C93; J61; O18


Tags: job search; spatial mismatch; unemployment; cash constraints; urban; transpor

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CEP Discussion Paper
Protectionism through Exporting: Subsidies with Export Share Requirements in China Fabrice Defever and Alejandro Riaño
May 2016
Paper No' CEPDP1431:
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JEL Classification: F12; F13; O47


Tags: export share requirements; export subsidies; trade policy; heterogeneous firms; china

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SERC/Urban Programme Discussion Paper
The Global Spatial Distribution of Economic Activity: Nature, History and the Role of Trade J. Vernon Henderson, Tim Squires, Adam Storeygard and David Weil May 2016
Paper No' SERCDP0198:
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JEL Classification: O13; O18; R12


Tags: agriculture; physical geography; development

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SERC/Urban Programme Discussion Paper
Enabled to Work: The Impact of Government Housing on Slum Dwellers in South Africa Simon Franklin
May 2016
Paper No' SERCDP0197:
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JEL Classification: P14; J22; O18; D13


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

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CEP Discussion Paper
Exporter Dynamics and Partial-Year Effects Andrew B. Bernard, Renzo Massari, Jose-Daniel Reyes and Daria Taglioni
May 2016
Paper No' CEPDP1430:
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JEL Classification: F14; C81; D22


Tags: export entry; export growth; margins of trade; heterogeneous firms

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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:
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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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CEP Discussion Paper
The Elusive Employment Effect of the Minimum Wage Alan Manning
May 2016
Paper No' CEPDP1428:
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JEL Classification: J3


Tags: minimum wage; employment

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SERC/Urban 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:
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JEL Classification: R11; R12; E58; E32


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

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SERC/Urban Programme Discussion Paper
Building the City: Sunk Capital, Sequencing and Institutional Frictions J. Vernon Henderson, Tanner Regan and Anthony J. Venables April 2016
Paper No' SERCDP0196:
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JEL Classification: O14; O18; R1; R3


Tags: city; urban; urban growth; slum development; urban structure; urban form; housing investment; capital durability

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SERC/Urban Programme Discussion Paper
Subways and Urban Growth: Evidence from Earth Marco Gonzalez-Navarro and Matthew A. Turner
April 2016
Paper No' SERCDO0195:
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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:
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JEL Classification: D02; D44; C31; L11


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

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SERC/Urban Programme Discussion Paper
Take What You Can: Property Rights, Contestability and Conflict Thiemo Fetzer and Samuel Marden
April 2016
Paper No' SERCDP0194:
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JEL Classification: O12; Q15; D74; Q23


Tags: property rights; land titling; conflict; deforestation

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CEP Discussion Paper
Two-sided heterogeneity and Trade Andrew B. Bernard, Andreas Moxnes and Karen Helene Ulltveit-Moe
April 2016
Paper No' CEPDP1426:
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JEL Classification: F10; F12; F14


Tags: heterogeneous firms; exporters; importers; sourcing costs; trade elasticity

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CEP Discussion Paper
"Teaching to Teach" Literacy Stephen Machin, Sandra McNally and Martina Viarengo
April 2016
Paper No' CEPDP1425:
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JEL Classification: I21;I28


Tags: literacy; phonics

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CEP Discussion Paper
Rethinking Deindustrialization Andrew B. Bernard, Valerie Smeets and Frederic Warzynski
April 2016
Paper No' CEPDP1423:
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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:
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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:
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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:
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JEL Classification: L11; L21; L25; L60


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

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CEP Discussion Paper
Liberation Technology: Mobile Phones and Political Mobilization in Africa Marco Manacorda and Andrea Tesei
March 2016
Paper No' CEPDP1419:
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JEL Classification: D74; F50; O55; L96


Tags: protests; politics; africa; mobile phones

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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:
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JEL Classification: I25; N13; O11; O43


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

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CEP Discussion Paper
How have EU's Trade Agreements Impacted Consumers? Holger Breinlich, Swati Dhingra and Gianmarco Ottaviano
March 2016
Paper No' CEPDP1417:
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Tags: trade agreements; eu; consumers

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CEP Discussion Paper
Management Practices, Workforce Selection and Productivity Stefan Bender, Nicholas Bloom, David Card, John Van Reenen and Stefanie Wolter March 2016
Paper No' CEPDP1416:
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JEL Classification: L2; M2; O32; O33


Tags: management practices; productivity; wages

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CEP Discussion Paper
The Sovereign-Bank Diabolic Loop and ESBies Markus K. Brunnermeier, Luis Garicano, Philip R. Lane, Marco Pagano, Ricardo Reis, Tano Santos, David Thesmar, Stijn Van Nieuwerburgh and Dimitri Vayanos March 2016
Paper No' CEPDP1414:
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Tags: ‘diabolic loop’; sovereign debt crisis; esbies

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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:
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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:
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JEL Classification: IO; LE


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

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CEP Discussion Paper
International Competition and Labor Market Adjustment Joao Paulo Pessoa
March 2016
Paper No' CEPDP1411:
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JEL Classification: F16; J62; J64


Tags: trade; unemployment; earnings; china

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CEP Discussion Paper
The Evolution of Gender Gaps in Industrialized Countries Claudia Olivetti and Barbara Petrongolo
February 2016
Paper No' CEPDP1410:
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JEL Classification: E24; J16; J31


Tags: female employment; gender gaps; industry structure

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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:
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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:
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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:
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JEL Classification: L1; L2; M2; O3


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

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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:
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JEL Classification: J63; J64; E24


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

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SERC/Urban Programme Discussion Paper
Taking Care of the Budget? Practice-level Outcomes during Commissioning Reforms in England Ted Pinchbeck
February 2016
Paper No' SERCDP0192:
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JEL Classification: H51; I11; I18; J44; C33


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

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SERC/Urban 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:
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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:
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JEL Classification: E32; E43; E52; O42


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

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CEP Discussion Paper
Minimum Wages and Firm Value Brian Bell and Stephen Machin
January 2016
Paper No' CEPDP1404:
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JEL Classification: J23; L25


Tags: minimum wages; firm value

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SERC/Urban Programme Policy Paper
Powerhouse of Cards? Understanding the 'Northern Powerhouse' Neil Lee
January 2016
Paper No' SERCPP014:
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JEL Classification: R1; R12; R58


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

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SERC/Urban Programme Discussion Paper
Why Does Birthplace Matter So Much? Sorting, Learning and Geography Clément Bosquet and Henry G. Overman
January 2016
Paper No' SERCDP0190:
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JEL Classification: J61; J62; R23; J31


Tags: place of birth; spatial sorting; lifetime mobility

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CEP Discussion Paper
Balanced Growth Despite Uzawa Gene M. Grossman, Elhanan Helpman, Ezra Oberfield and Thomas Sampson
January 2016
Paper No' CEPDP1403:
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JEL Classification: J2; E1; O1; O4


Tags: demand; neoclassical growth; balanced growth; technological progress; capital-skill complementarity

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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:
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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:
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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
On the Comparative Advantage of U.S. Manufacturing: Evidence from the Shale Gas Revolution Rabah Arezki and Thiemo Fetzer
January 2016
Paper No' CEPDP1399:
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JEL Classification: Q33; O13; N52; R11; L71


Tags: manufacturing; exports; energy prices; shale gas

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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:
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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:
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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:
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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:
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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:
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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:
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JEL Classification: O25; O33; O38


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

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SERC/Urban Programme Discussion Paper
Trade and Frictional Unemployment in the Global Economy Céline Carrère, Anja Grujovic and Frédéric Robert-Nicoud
December 2015
Paper No' SERCDP0189:
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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:
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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:
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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
Diversification through Trade Francesco Caselli, Miklos Koren, Milan Lisicky and Silvana Tenreyro
August 2015
Paper No' CEPDP1388:
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JEL Classification: E32; F4; F41; F44; F6; F62


Tags: international trade; diversification; gdp

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CEP Discussion Paper
Short and Long-Term Effects of Unemployment on Fertility Janet Currie and Hannes Schwandt
November 2015
Paper No' CEPDP1387:
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JEL Classification: J6; J11; J12; J13


Tags: fertility; unemployment

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CEP Discussion Paper
Multitask Agents and Incentives: The Case of Teaching and Research for University Professors Marta De Philippis
November 2015
Paper No' CEPDP1386:
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JEL Classification: I2; J41; M5


Tags: multitasking; incentives; teaching

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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:
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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:
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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:
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JEL Classification: H11; H40; I31


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

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SERC/Urban Programme Discussion Paper
The Spatial Decay in Commuting Probabilities: Employment Potential vs. Commuting Gravity Gabriel M. Ahlfeldt and Nicolai Wendland November 2015
Paper No' SERCDP0188:
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JEL Classification: R12; R28; R38; R48


Tags: accessibility; commuting; employment; gravity; potential

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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:
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JEL Classification: F10; F12; F14


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

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CEP Discussion Paper
Early Maternal Employment and Non-cognitive Outcomes in Early Childhood and Adolescence: Evidence from British Birth Cohort Data Andrew E. Clark, Warn N. Lekfuangfu, Nattavudh Powdthavee and George Ward October 2015
Paper No' CEPDP1380:
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JEL Classification: D1; I3; J6


Tags: child outcomes; maternal employment; well-being; conduct; alspac

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


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

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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
How Firms Export: Processing vs. Ordinary Trade with Financial Frictions Kalina Manova and Zhihong Yu
October 2015
Paper No' CEPDP1377:
Read Abstract | Full Paper (pdf)

JEL Classification: F10; F13; F14; F23; F34; G32


Tags: china; trade regime; processing trade; global value chain; credit constraints; heterogeneous firms

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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 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 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 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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SERC/Urban Programme Discussion Paper
The Role of Education for Amenity Based Sorting in British Cities Luisa Gagliardi and Teresa Schlüter
September 2015
Paper No' SERCDP0184:
Read Abstract | Full Paper (pdf)

JEL Classification: R23; R22; J24


Tags: neighborhood characteristics; sorting; amenities; skills; local labour markets; hedonic pricing

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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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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
The Benefits of Forced Experimentation: Striking Evidence from the London Underground Network Shaun Larcom, Ferdinand Rauch and Tim Willems September 2015
Paper No' CEPDP1372:
Read Abstract | Full Paper (pdf)

JEL Classification: D83; L91; R41


Tags: experimentation; learning; optimization; rationality; search

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SERC/Urban Programme Discussion Paper
Credit Constraints and the Composition of Housing Sales. Farewell to First-Time Buyers? Felipe Carozzi
July 2015
Paper No' SERCDP0183:
Read Abstract | Full Paper (pdf)

JEL Classification: R30; G21


Tags: housing markets; housing tenure; credit constraints

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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
Academies 2: The New Batch Andrew Eyles, Stephen Machin and Olmo Silva
September 2015
Paper No' CEPDP1370:
Read Abstract | Full Paper (pdf)

JEL Classification: I20; I21; I28


Tags: academies; pupil intake

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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
The Introduction of Academy Schools to England's Education Andrew Eyles and Stephen Machin
August 2015
Paper No' CEPDP1368:
Read Abstract | Full Paper (pdf)

JEL Classification: I20; I21; I28


Tags: academies; pupil intake; pupil performance

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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
Would You Choose to be Happy? Tradeoffs between Happiness and the Other Dimensions of Life in a Large Population Survey Matthew D. Adler, Paul Dolan and Georgios Kavetsos August 2015
Paper No' CEPDP1366:
Read Abstract | Full Paper (pdf)

JEL Classification: D6; H00; I00; I31


Tags: happiness; subjective well-being; preferences

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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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SERC/Urban 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 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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CEP Discussion Paper
European Identity and Redistributive Preferences Joan Costa Font and Frank Cowell
July 2015
Paper No' CEPDP1362:
Read Abstract | Full Paper (pdf)

JEL Classification: D69; O52; H53


Tags: spatial identity; europe; welfare state support

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SERC/Urban Programme Discussion Paper
The Vertical City: The Price of Land and the Height of Buildings in Chicago 1870-2010 Gabriel M. Ahlfeldt and Daniel P. McMillen July 2015
Paper No' SERCDP0180:
Read Abstract | Full Paper (pdf)

JEL Classification: R20; R30


Tags: chicago; density; height; land value; skyscraper

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SERC/Urban 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 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 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 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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SERC/Urban Programme Discussion Paper
Spillovers from Immigrant Diversity in Cities Abigail Cooke and Thomas Kemeny
June 2015
Paper No' SERCD0175:
Read Abstract | Full Paper (pdf)

JEL Classification: O4; R0; O18; F22; J61


Tags: immigrants; diversity; productivity; spillovers; cities

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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 Discussion Paper
The Changing Returns to Crime: Do Criminals Respond to Prices? Mirko Draca, Theodore Koutmeridis and Stephen Machin
June 2015
Paper No' CEPDP1355:
Read Abstract | Full Paper (pdf)

JEL Classification: K42


Tags: crime; goods prices; metal crime; commodity prices

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CEP Discussion Paper
Firming Up Inequality Nicholas Bloom, Fatih Guvenen, David J. Price and Jae Song
May 2015
Paper No' CEPDP1354:
Read Abstract | Full Paper (pdf)

JEL Classification: O2; M1


Tags: inequality; productivity and firms

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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
Universal Pre-School Education: The Case of Public Funding with Private Provision Jo Blanden, Emilia Del Bono, Sandra McNally and Birgitta Rabe May 2015
Paper No' CEPDP1352:
Read Abstract | Full Paper (pdf)

JEL Classification: I21; I24; H44


Tags: childcare; child outcomes; publicly provided goods

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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
Ill Communication: Technology, Distraction & Student Performance Louis-Philippe Beland and Richard Murphy
May 2015
Paper No' CEPDP1350:
Read Abstract | Full Paper (pdf)

JEL Classification: I21; I28; O33; J24


Tags: mobile phones; technology; student performance; productivity

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CEP Discussion Paper
Space-Time (In)Consistency in the National Accounts: Causes and Cures Nicholas Oulton
May 2015
Paper No' CEPDP1349:
Read Abstract | Full Paper (pdf)

JEL Classification: C43; O47; I31; F43


Tags: ppp; divisia; konüs; price index; path-dependence; consistency

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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 Discussion Paper
Can Helping the Sick Hurt the Able? Incentives, Information and Disruption in a Welfare Reform Nitika Bagaria, Barbara Petrongolo and John Van Reenen April 2015
Paper No' CEPDP1347:
Read Abstract | Full Paper (pdf)

JEL Classification: H51; I13; J18


Tags: incentives; public sector; unemployment benefits; performance standards

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SERC/Urban Programme Policy Paper
Planes, Trains and Automobiles: The Economic Impact of Transport Infrastructure Steve Gibbons
April 2015
Paper No' SERCPP013:
Read Abstract | Full Paper (pdf)
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CEP Discussion Paper
Has Performance Pay Increased Wage Inequality in Britain? Mark Bryan and Alex Bryson
April 2015
Paper No' CEPDP1346:
Read Abstract | Full Paper (pdf)

JEL Classification: J31; J33


Tags: wages; wage inequality; performance pay; bonuses

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CEP Discussion Paper
When Pressure Sinks Performance: Evidence from Diving Competitions Eleni Garbi, Christos Genakos and Mario Pagliero
April 2015
Paper No' CEPDP1345:
Read Abstract | Full Paper (pdf)

JEL Classification: J24; L83; M52; Z13


Tags: tournaments; incentives; choking under pressure

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SERC/Urban 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 Discussion Paper
Integrated Estimates of Capital Stocks and Services for the United Kingdom: 1950-2013 Nicholas Oulton and Gavin Wallis
March 2015
Paper No' CEPDP1342:
Read Abstract | Full Paper (pdf)

JEL Classification: E22; E23; D24; O47


Tags: capital services; capital stocks; rate of return; ex post; hybrid

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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 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 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 Discussion Paper
'High' Achievers? Cannabis Access and Academic Performance Olivier Marie and Ulf Zölitz
March 2015
Paper No' CEPDP1340:
Read Abstract | Full Paper (pdf)

JEL Classification: I18; I20; K42


Tags: cannabis; legalization; student performance

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CEP Discussion Paper
Do You Have To Win It To Fix It? A Longitudinal Study of Lottery Winners and Their Health Care Demand Terence C. Cheng, Joan Costa Font and Nattavudh Powdthavee March 2015
Paper No' CEPDP1339:
Read Abstract | Full Paper (pdf)

JEL Classification: H42; I11; D1


Tags: lottery wins; health care; income elasticity; public-private

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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
Robots at Work Georg Graetz and Guy Michaels
March 2015
Paper No' CEPDP1335:
Read Abstract | Full Paper (pdf)

JEL Classification: E23; J23; O30


Tags: robots; productivity; technological change

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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

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
Trust and Racial Income Inequality: Evidence from the U.S. Andrea Tesei
February 2015
Paper No' CEPDP1331:
Read Abstract | Full Paper (pdf)

JEL Classification: D31; Z10; J15


Tags: trust; racial income inequality; u.s.

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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
All-Star or Benchwarmer? Relative Age, Cohort Size and Career Success in the NHL Alex Bryson, Rafael Gomez and Tingting Zhang
February 2015
Paper No' CEPDP1327:
Read Abstract | Full Paper (pdf)

JEL Classification: J1; J24; J31; J62


Tags: cohort size; relative age; performance; productivity; wages; career; nhl

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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 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
Preferences for Fair Prices, Cursed Inferences, and the Nonneutrality of Money Erik Eyster, Kristof Madarasz and Pascal Michaillat February 2015
Paper No' CEPDP1325:
Read Abstract | Full Paper (pdf)

JEL Classification: E03; E10; E31; E40


Tags: nonneutrality of money; fairness; cursedness; markups

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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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SERC/Urban Programme Discussion Paper
The Economic Value of Local Social Networks Frank Ethridge, Maryann Feldman, Tom Kemeny and Ted Zoller
January 2015
Paper No' SERCDP0170:
Read Abstract | Full Paper (pdf)

JEL Classification: R11; O12; O18; L14


Tags: cities; economic development; social networks; social capital

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CEP Discussion Paper
Violence and Birth Outcomes: Evidence From Homicides in Brazil Martin Foureaux Koppensteiner and Marco Manacorda
January 2015
Paper No' CEPDP1323:
Read Abstract | Full Paper (pdf)

JEL Classification: I12; I15; J13


Tags: birth outcomes; birthweight; homicides; stress; brazil

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CEP Discussion Paper
Temporary Protection and Technology Adoption: Evidence from the Napoleonic Blockade Réka Juhász
December 2014
Paper No' CEPDP1322:
Read Abstract | Full Paper (pdf)
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SERC/Urban 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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SERC/Urban Programme Discussion Paper
The Time Value of Housing: Historical Evidence from London Residential Leases Philippe Bracke, Ted Pinchbeck and James Wyatt
December 2014
Paper No' SERCDP0168:
Read Abstract | Full Paper (pdf)

JEL Classification: G12; R30


Tags: house prices; discount rates; historical data

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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
The Value of Bosses Edward P. Lazear, Kathryn L. Shaw and Christopher T. Stanton
December 2014
Paper No' CEPDP1318:
Read Abstract | Full Paper (pdf)

JEL Classification: M50; C13; C23; D20; L23


Tags: bosses; supervisors; productivity

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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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SERC/Urban Programme Discussion Paper
Walk This Way: Estimating Impacts of Walk in Centres at Hospital Emergency Departments in the English National Health Service Ted Pinchbeck December 2014
Paper No' SERCDP0167:
Read Abstract | Full Paper (pdf)

JEL Classification: R53; I11; C23


Tags: emergency care; primary care; walk in centres

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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
Gender Differences in Response to Big Stakes Ghazala Azmat, Caterina Calsamiglia and Nagore Iriberri
November 2014
Paper No' CEPDP1314:
Read Abstract | Full Paper (pdf)

JEL Classification: D03; J16; I21; C30


Tags: stakes; gender gaps; performance

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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
Does Management Matter In Schools? Nicholas Bloom, Renata Lemos, Raffaella Sadun and John Van Reenen
November 2014
Paper No' CEPDP1312:
Read Abstract | Full Paper (pdf)

JEL Classification: L2; M2; I2


Tags: management; pupil achievement; autonomy; principals

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CEP Discussion Paper
It's Where You Work: Increases in Earnings Dispersion across Establishments and Individuals in the US Erling Barth, Alex Bryson, James C. Davis and Richard Freeman November 2014
Paper No' CEPDP1311:
Read Abstract | Full Paper (pdf)

JEL Classification: J3; J31; D3


Tags: earnings; earnings inequality; productivity

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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 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 Discussion Paper
Relaxing Credit Constraints in Emerging Economies: The Impact of Public Loans on the Performance of Brazilian Manufacturers Filipe Lage de Sousa and Gianmarco I. P. Ottaviano October 2014
Paper No' CEPDP1309:
Read Abstract | Full Paper (pdf)

JEL Classification: G28; O38; H25


Tags: credit constraints; firm performance; firm productivity; firm investment; public loans

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SERC/Urban Programme Discussion Paper
Employment and Technological Change: On the Geography of Labour Market Adjustments Luisa Gagliardi
October 2014
Paper No' SERCDP0165:
Read Abstract | Full Paper (pdf)

JEL Classification: R12; R23; R21; O33; J24


Tags: local labour market; employment; technological change; skills

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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
Employee Stock Purchase Plans - Gift or Incentive? Evidence from a Multinational Corporation Alex Bryson and Richard B. Freeman October 2014
Paper No' CEPDP1307:
Read Abstract | Full Paper (pdf)

JEL Classification: J24; J33; J54; J63; M52


Tags: share ownership; job search; quits; sickness absence; effort; gift exchange; incentives

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CEP Discussion Paper
Economic Growth Evens-Out Happiness: Evidence from Six Surveys Andrew E. Clark, Sarah Flèche and Claudia Senik
October 2014
Paper No' CEPDP1306:
Read Abstract | Full Paper (pdf)

JEL Classification: D31; D6; I3; O15


Tags: happiness; inequality; economic growth; development; easterlin paradox

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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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CEP Discussion Paper
The Asymmetric Experience of Positive and Negative Economic Growth: Global Evidence Using Subjective Well-Being Data Femke De Keulenaer, Jan-Emmanuel De Neve, Georgios Kavetsos, Michael I. Norton, Bert Van Landeghem and George W. Ward October 2014
Paper No' CEPDP1304:
Read Abstract | Full Paper (pdf)

JEL Classification: D03; O11; D69; I39


Tags: economic growth; business cycles; subjective well-being

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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
Assessing the Effect of School Days and Absences on Test Score Performance Esteban Aucejo and Teresa Foy Romano
September 2014
Paper No' CEPDP1302:
Read Abstract | Full Paper (pdf)

JEL Classification: I20


Tags: absences; days; schools; teachers

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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
Paying Out and Crowding Out? The Globalisation of Higher Education Stephen Machin and Richard Murphy
September 2014
Paper No' CEPDP1299:
Read Abstract | Full Paper (pdf)

JEL Classification: I20; I21; I28


Tags: overseas students; crowding out

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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

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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
Consumer Search: Evidence from Path-tracking Data Fabio Pinna and Stephan Seiler
September 2014
Paper No' CEPDP1296:
Read Abstract | Full Paper (pdf)

JEL Classification: D12; D83; L11; L15


Tags: consumer search; in-store marketing; path data

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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 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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CEP Discussion Paper
Locus of Control and Its Intergenerational Implications for Early Childhood Skill formation Francesca Cornaglia, Warn N. Lekfuangfu, Nattavudh Powdthavee and Nele Warrinnier August 2014
Paper No' CEPDP1293:
Read Abstract | Full Paper (pdf)

JEL Classification: J01; I31


Tags: locus of control; parental investment; human capital accumulation; early skill formation; alspac

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SERC/Urban 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

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SERC/Urban 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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CEP Discussion Paper
The Volatility of Earnings: Evidence from High-Frequency Firm-Level Data Andreas Georgiadis and Alan Manning
August 2014
Paper No' CEPDP1290:
Read Abstract | Full Paper (pdf)

JEL Classification: E24; J30


Tags: wages; wage flexibility

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CEP Discussion Paper
The Latin American Efficiency Gap Francesco Caselli
August 2014
Paper No' CEPDP1289:
Read Abstract | Full Paper (pdf)

JEL Classification: O11


Tags: latin america; income gaps; development accounting

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CEP Discussion Paper
Gone for Good? Subsidies with Export Share Requirements in China: 2002-2013 Fabrice Defever and Alejandro Riaño
July 2014
Paper No' CEPDP1287:
Read Abstract | Full Paper (pdf)

JEL Classification: F12; F13; O47


Tags: trade policy; export subsidies; export share requirements; china

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SERC/Urban 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
Because I'm Worth It: A Lab-Field Experiment on the Spillover Effects of Incentives in Health Paul Dolan and Matteo M. Galizzi July 2014
Paper No' CEPDP1286:
Read Abstract | Full Paper (pdf)

JEL Classification: C91; C93; D03; I10


Tags: incentives in health; spillover effects; licensing; hidden costs of incentives

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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
Wealth Shocks and Health Outcomes: Evidence from Stock Market Fluctuations Hannes Schwandt
July 2014
Paper No' CEPDP1281:
Read Abstract | Full Paper (pdf)

JEL Classification: G10; I10; J14


Tags: retiree health; wealth shocks; stock market

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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
Fracking Growth Thiemo Fetzer
June 2014
Paper No' CEPDP1278:
Read Abstract | Full Paper (pdf)

JEL Classification: Q33; O13; N52; R11; L71


Tags: resource boom; fracking; shale; spillovers; natural gas; energy prices

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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
Quantifying Spillovers in Open Source Content Production: Evidence from Wikipedia Aleksi Aaltonen and Stephan Seiler
June 2014
Paper No' CEPDP1275:
Read Abstract | Full Paper (pdf)

JEL Classification: D24; L23; L86; M11; O31


Tags: wikipedia; open source; user-generated content; knowledge spillover; cumulative knowledge

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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 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
Winners and Losers from a Commodities-for-Manufactures Trade Boom Francisco Costa, Jason Garred and Joao Paulo Pessoa
May 2014
Paper No' CEPDP1269:
Read Abstract | Full Paper (pdf)

JEL Classification: F14; F16; O17; Q17


Tags: china; trade; commodities-for manufactures; wages; employment; informality

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CEP Discussion Paper
Foreign Direct Investment and Domestic Entrepreneurship: Blessing or Curse? Saul Estrin, Seçil Hülya Danakol, Paul Reynolds and Utz Weitzel May 2014
Paper No' CEPDP1268:
Read Abstract | Full Paper (pdf)

JEL Classification: F23; M13; L26


Tags: foreign direct investment; entrepreneurship; new firm entry; spillovers

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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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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 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 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 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 Discussion Paper
Political Competition and the Limits of Political Compromise Alexandre B. Cunha and Emanuel Ornelas
March 2014
Paper No' CEPDP1263:
Read Abstract | Full Paper (pdf)

JEL Classification: E61; E62; H30; H63


Tags: political turnover; efficient policies; public debt

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SERC/Urban 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
Home Computers and Married Women's Labor Supply Alexander C. Lembcke
March 2014
Paper No' CEPDP1260:
Read Abstract | Full Paper (pdf)

JEL Classification: J24; J22


Tags: married women's labor supply; computer skills and labor supply; us cps

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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 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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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 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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SERC/Urban 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 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, 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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CEP Discussion Paper
The Transmission of Monetary Policy Operations through Redistributions and Durable Purchases Vincent Sterk and Silvana Tenreyro December 2013
Paper No' CEPDP1249:
Read Abstract | Full Paper (pdf)

JEL Classification: E1; E31; E32; E52; E58

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SERC/Urban 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 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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CEP Discussion Paper
An Urban Legend?! Power Rationing, Fertility and its Effects on Mothers Thiemo Fetzer, Oliver Pardo and Amar Shanghavi
November 2013
Paper No' CEPDP1247:
Read Abstract | Full Paper (pdf)

JEL Classification: J13; J16; O18; H41


Tags: fertility; infrastructure; blackouts; unplanned parenthood

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SERC/Urban 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 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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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 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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SERC/Urban 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
Does Uncertainty Reduce Growth? Using Disasters as Natural Experiments Scott R. Baker and Nicholas Bloom
October 2013
Paper No' CEPDP1243:
Read Abstract | Full Paper (pdf)

JEL Classification: D92; E22; D8; C23


Tags: uncertainty; natural disasters; political shocks; growth

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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 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 Programme Discussion Paper
Student Satisfaction, League Tables and University Applications Stephen Gibbons, Eric Neumayer and Richard Perkins
September 2013
Paper No' SERCDP0142:
Read Abstract | Full Paper (pdf)

JEL Classification: I2; D8


Tags: student satisfaction; higher education; information; university choice

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SERC/Urban 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 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 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

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CEP Discussion Paper
The Importance of Rank Position Richard Murphy and Felix Weinhardt
September 2013
Paper No' CEPDP1241:
Read Abstract | Full Paper (pdf)

JEL Classification: I21; J24; D01


Tags: rank; non-cognitive skills; peer effects

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CEP Discussion Paper
Risk and Evidence of Bias in Randomized Controlled Trials in Economics Peter Boone, Alex Eble and Diana Elbourne
September 2013
Paper No' CEPDP1240:
Read Abstract | Full Paper (pdf)

JEL Classification: C9; C90; C93; C10; C12; C18


Tags: randomized controlled trials; field experiments; bias; treatment effect estimates

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
Smart and Illicit: Who Becomes an Entrepreneur and Does it Pay? Ross Levine and Yona Rubinstein
August 2013
Paper No' CEPDP1237:
Read Abstract | Full Paper (pdf)

JEL Classification: L26;J24;J3;G32


Tags: self-employment; occupational choice; compensation; firm organization; corporate finance; cognitive and noncognitive traits

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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
Are Happier People Less Judgmental of Other People's Selfish Behaviors? Laboratory Evidence from Trust and Gift Exchange Games Michalis Drouvelis and Nattavudh Powdthavee July 2013
Paper No' CEPDP1231:
Read Abstract | Full Paper (pdf)

JEL Classification: C91


Tags: happiness; moral judgments; trust games; gift exchange games

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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

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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
Winning Big But Feeling No Better? The Effect of Lottery Prizes on Physical and Mental Health Bénédicte Apouey and Andrew E. Clark July 2013
Paper No' CEPDP1228:
Read Abstract | Full Paper (pdf)

JEL Classification: D1; I1; I3


Tags: income; self-assessed health; mental health; smoking; drinking

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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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CEP Discussion Paper
Molecular Genetics and Subjective Well-Being Meike Bartels, Daniel J. Benjamin, David Cesarini, Jan-Emmanuel De Neve, Magnus Johannesson, Philipp D. Koellinger, Robert F. Krueger, Patrik K. E. Magnusson, Nancy L. Pedersen, Cornelius A. Rietveld and Henning Tiemeier June 2013
Paper No' CEPDP1225:
Read Abstract | Full Paper (pdf)

JEL Classification: D03; D60


Tags: subjective well-being; heritability; genetics; greml

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SERC/Urban Programme Discussion Paper
Down and Out in Italian Towns: Measuring the Impact of Economic Downturns on Crime Carlo Menon and Guido de Blasio
June 2013
Paper No' SECDP0137:
Read Abstract | Full Paper (pdf)

JEL Classification: K14; K42; E32


Tags: crime; economic crises; italy

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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 Discussion Paper
Explaining Cross-Racial Differences in the Educational Gender Gap Esteban Aucejo
May 2013
Paper No' CEPDP1220:
Read Abstract | Full Paper (pdf)

JEL Classification: I2; J15; J16


Tags: gender gap; college enrollment; non-cognitive skills; cognitive skills; race

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CEP Discussion Paper
Racial Segregation Patterns in Selective Universities Peter Arcidiacono, Esteban Aucejo, Andrew Hussey and Kenneth Spenner
May 2013
Paper No' CEPDP1219:
Read Abstract | Full Paper (pdf)

JEL Classification: K10;J15;I20


Tags: minorities; college; friendship; race

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SERC/Urban Programme Discussion Paper
Urbanity Gabriel M. Ahfeldt
May 2013
Paper No' SERCDP0136:
Read Abstract | Full Paper (pdf)

JEL Classification: R20; R30


Tags: amenities; consumer city; hedonic analysis; photography geography; property prices

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SERC/Urban 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
The Financial Resource Curse Gianluca Benigno and Luca Fornaro
May 2013
Paper No' CEPDP1217:
Read Abstract | Full Paper (pdf)

JEL Classification: F32; F34; F36; F41; F43


Tags: capital flows; capital controls; financial resource curse; endogenous growth

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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
Mental Health: The New Frontier for Labour Economics Richard Layard
May 2013
Paper No' CEPDP1213:
Read Abstract | Full Paper (pdf)

JEL Classification: I30; J30


Tags: mental health; wellbeing; employment

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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
Debt and Incomplete Financial Markets: A Case for Nominal GDP Targeting Kevin D. Sheedy
May 2013
Paper No' CEPDP1209:
Read Abstract | Full Paper (pdf)

JEL Classification: E21; E31; E44; E52


Tags: incomplete markets; heterogeneous agents; risk sharing; nominal gdp targeting

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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
Relational Knowledge Transfers Luis Garicano and Luis Rayo
April 2013
Paper No' CEPDP1203:
Read Abstract | Full Paper (pdf)
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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 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 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
Firm Heterogeneity and Aggregate Welfare Marc J. Melitz and Stephen J. Redding
April 2013
Paper No' CEPDP1200:
Read Abstract | Full Paper (pdf)

JEL Classification: F12; F15


Tags: firm heterogeneity; welfare gains from trade

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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 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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SERC/Urban Programme Discussion Paper
My Precious! The Location and Diffusion of Scientific Research: Evidence from the Synchrotron Diamond Light Source Christian Helmers and Henry Overman March 2013
Paper No' SERCDP0131:
Read Abstract | Full Paper (pdf)

JEL Classification: R12; R58; O31; O38


Tags: synchrotron; location; innovation; patents

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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 Programme Discussion Paper
Real Wages, Amenities and the Adjustment of Working Hours Across Regional Labour Markets Teresa Schlüter
March 2013
Paper No' SERCDP0130:
Read Abstract | Full Paper (pdf)
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SERC/Urban 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
Really Uncertain Business Cycles Nicholas Bloom, Max Floetotto, Nir Jaimovich, Itay Saporta-Eksten and Stephen Terry
March 2013
Paper No' CEPDP1195:
Read Abstract | Full Paper (pdf)

JEL Classification: E3


Tags: uncertainty

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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

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SERC/Urban 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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SERC/Urban Programme Discussion Paper
House Prices and Rents: Micro Evidence from a Matched Dataset in Central London Philippe Bracke
February 2013
Paper No' SERCDP0127:
Read Abstract | Full Paper (pdf)

JEL Classification: G10; R21; R31


Tags: house prices; housing rents; price index

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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 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 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 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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CEP Discussion Paper
China's Pure Exporter Subsidies Fabrice Defever and Alejandro Riaño
December 2012
Paper No' CEPDP1182:
Read Abstract | Full Paper (pdf)

JEL Classification: F12; F13; O47


Tags: trade policy; export subsidies; heterogeneous firms; china

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SERC/Urban Programme Discussion Paper
The Causal Effect of Credit Guarantees for SMEs: Evidence from Italy Alessio D'Ignazio and Carlo Menon
December 2012
Paper No' SERCDP0123:
Read Abstract | Full Paper (pdf)

JEL Classification: G2; H2; O16


Tags: financial subsidies; credit constraints; banking

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SERC/Urban 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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SERC/Urban Programme Discussion Paper
Specialization and Regional Economic Development Thomas Kemeny and Michael Storper
December 2012
Paper No' SERCDP0121:
Read Abstract | Full Paper (pdf)

JEL Classification: R11; R12; O21


Tags: specialization; diversification; agglomeration economies; urban wages

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CEP Discussion Paper
Free to Choose? Reform and Demand Response in the English National Health Service Martin Gaynor, Carol Propper and Stephan Seiler November 2012
Paper No' CEPDP1179:
Read Abstract | Full Paper (pdf)

JEL Classification: D12; I11; I18; L13; L30


Tags: demand estimation; non-price competition; health economics; patient choice; health care reform

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CEP Discussion Paper
Minimum Wages and Wage Inequality: Some Theory and an Application to the UK Tim Butcher, Richard Dickens and Alan Manning
November 2012
Paper No' CEPDP1177:
Read Abstract | Full Paper (pdf)

JEL Classification: J38


Tags: minimum wage; wage inequality

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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:
Read Abstract | Full Paper (pdf)

JEL Classification: I10; J24


Tags: income; life satisfaction; positive affect

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CEP Discussion Paper
The Enduring Impact of Childhood Experience on Mental Health: Evidence Using Instrumented Co-Twin Data Rachel Berner Shalem, Francesca Cornaglia and Jan-Emmanuel De Neve November 2012
Paper No' CEPDP1175:
Read Abstract | Full Paper (pdf)

JEL Classification: I10


Tags: mental health; childhood experience; twin study; instrumental variable analysis

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CEP Discussion Paper
Selection Effects with Heterogeneous Firms Monika Mrázová and J. Peter Neary
October 2012
Paper No' CEPDP1174:
Read Abstract | Full Paper (pdf)

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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SERC/Urban Programme Discussion Paper
Driving Up Wages: The Effects of Road Construction in Great Britain Rosa Sanchis-Guarner
October 2012
Paper No' SERCDP0120:
Read Abstract | Full Paper (pdf)

JEL Classification: J31; 018; R12


Tags: job accessibility; labour markets; roads; spatial sorting

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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:
Read Abstract | Full Paper (pdf)

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:
Read Abstract | Full Paper (pdf)

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:
Read Abstract | Full Paper (pdf)

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:
Read Abstract | Full Paper (pdf)

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:
Read Abstract | Full Paper (pdf)

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:
Read Abstract | Full Paper (pdf)

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:
Read Abstract | Full Paper (pdf)

JEL Classification: D12; H25; I12


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

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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:
Read Abstract | Full Paper (pdf)

JEL Classification: H00; J00


Tags: immigration; health; health service

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SERC/Urban 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:
Read Abstract | Full Paper (pdf)

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


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

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SERC/Urban 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:
Read Abstract | Full Paper (pdf)

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:
Read Abstract | Full Paper (pdf)

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:
Read Abstract | Full Paper (pdf)

JEL Classification: F10; F15


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

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SERC/Urban Programme Discussion Paper
New Road Infrastructure: the Effects on Firms Stephen Gibbons, Teemu Lyytikäinen, Henry Overman and Rosa Sanchis-Guarner
September 2012
Paper No' SERCDP0117:
Read Abstract | Full Paper (pdf)

JEL Classification: D24; O18; R12


Tags: productivity; employment; accessibility; transport

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CEP Discussion Paper
Reserve Accumulation, Growth and Financial Crises Gianluca Benigno and Luca Fornaro
August 2012
Paper No' CEPDP1161:
Read Abstract | Full Paper (pdf)

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:
Read Abstract | Full Paper (pdf)

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:
Read Abstract | Full Paper (pdf)

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 Discussion Paper
Happy Talk: Mode of Administration Effects on Subjective Well-Being Paul Dolan and Georgios Kavetsos
July 2012
Paper No' CEPDP1159:
Read Abstract | Full Paper (pdf)

JEL Classification: D60; I3; Z18


Tags: subjective well-being; happiness; survey mode

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CEP Discussion Paper
Steady-State Equilibrium in a Model of Short-Term Wage-Posting Alan Manning
July 2012
Paper No' CEPDP1158:
Read Abstract | Full Paper (pdf)

JEL Classification: J31; J42


Tags: wage-posting; search

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SERC/Urban Programme Discussion Paper
Does Public Investment Spur the Land Market?: Evidence from Transport Improvement in Beijing Wenjie Wu
July 2012
Paper No' SERCDP0116:
Read Abstract | Full Paper (pdf)

JEL Classification: H41; Q51; R41


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

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SERC/Urban 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:
Read Abstract | Full Paper (pdf)

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:
Read Abstract | Full Paper (pdf)

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:
Read Abstract | Full Paper (pdf)

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:
Read Abstract | Full Paper (pdf)

JEL Classification: N14; N24


Tags: germany; great depression; sovereign debt; reparations

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SERC/Urban Programme Discussion Paper
Trade Liberalisation Does Not Always Raise Wage Premia: Evidence from Ugandan Districts Massimiliano Calì
June 2012
Paper No' SERCDP0114:
Read Abstract | Full Paper (pdf)

JEL Classification: F10; F14; F16; O12; O15


Tags: returns to education; wage inequality; uganda; trade; market reforms

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SERC/Urban Programme Discussion Paper
Spatial Variations in Amenity Values: New Evidence from Beijing, China Wenjie Wu
June 2012
Paper No' SERCDP0113:
Read Abstract | Full Paper (pdf)

JEL Classification: C21; Q51; R14


Tags: land prices; parks; spatial variation; china

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CEP Discussion Paper
The Economics of Density: Evidence from the Berlin Wall Gabriel M. Ahlfeldt, Stephen J. Redding, Daniel M. Sturm and Nikolaus Wolf June 2012
Paper No' CEPDP1154:
Read Abstract | Full Paper (pdf)

JEL Classification: N34; O18; R12


Tags: agglomeration; dispersion; density; cities

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CEP Discussion Paper
Why Do People Pay for Useless Advice? Nattavudh Powdthavee and Yohanes E. Riyanto
June 2012
Paper No' CEPDP1153:
Read Abstract | Full Paper (pdf)

JEL Classification: C91; D03


Tags: behavioral finance; hot-hand; random streak; expertise; information

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CEP Discussion Paper
Selection into Trade and Wage Inequality Thomas Sampson
June 2012
Paper No' CEPDP1152:
Read Abstract | Full Paper (pdf)

JEL Classification: F16; J31


Tags: wage inequality; matching; technology; skills; trade

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CEP Discussion Paper
Human Capital, Matching and Job Satisfaction Tim Barmby, Alex Bryson and Barbara Eberth
June 2012
Paper No' CEPDP1151:
Read Abstract | Full Paper (pdf)

JEL Classification: J24; J28


Tags: job satisfaction; job match quality; human capital; job tenure

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SERC/Urban Programme Discussion Paper
Total Factor Productivity Growth in Local Economic Partnership Regions in Britain, 1997-2008 Richard Harris and John Moffat
June 2012
Paper No' SERCDP0112:
Read Abstract | Full Paper (pdf)

JEL Classification: C23; D24; R12


Tags: productivity decomposition; regional productivity growth

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CEP Discussion Paper
Reparations, Deficits, and Debt Default: the Great Depression in Germany Albrecht Ritschl
June 2012
Paper No' CEPDP1149:
Read Abstract | Full Paper (pdf)

JEL Classification: N12; N13; E37; E47


Tags: great depression; germany; sudden stop; transfer problem; vector autoregressions

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SERC/Urban Programme Discussion Paper
The Effect of Public Sector Employment on Local Labour Markets Giulia Faggio and Henry G. Overman
June 2012
Paper No' SERCDP0111:
Read Abstract | Full Paper (pdf)

JEL Classification: J31; J45


Tags: local labour markets; public and private sector employment; wages

CEE/Education and Skills Programme Discussion Paper
Do Professors Really Perpetuate the Gender Gap in Science? Evidence from a Natural Experiment in a French Higher Education Institution Thomas Breda and Son Thierry Ly June 2012
Paper No' CEEDP0138:
Read Abstract | Full Paper (pdf)

JEL Classification: I23; J16


Tags: discrimination; gender stereotypes; natural experiment; sex and science

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CEP Discussion Paper
The CEO Labour Market in China's Public Listed Companies Alex Bryson, John Forth and Minghai Zhou
June 2012
Paper No' CEPDP1148:
Read Abstract | Full Paper (pdf)

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


Tags: executive compensation; ceo's; corporate governance; tournaments; firm-specific human capital; china


This paper has been published as:
The Economic Journal, Volume 124, Issue 574, February 2014
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CEP Discussion Paper
Immigration, Offshoring and American Jobs Gianmarco I. P. Ottaviano, Giovanni Peri and Greg C. Wright
May 2012
Paper No' CEPDP1147:
Read Abstract | Full Paper (pdf)

JEL Classification: F22; F23; J24; J61


Tags: employment; production tasks; immigrants; offshoring


This paper has been published as:
Rethinking the Effect of Immigration on Wages, Gianmarco I. P. Ottaviano and Giovanni Peri, Journal of the European Economic Association, Volume 10, Issue 1, pp.152-197, February 2012
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SERC/Urban Programme Discussion Paper
Do Homeowners Benefit Urban Neighborhoods? Evidence from Housing Prices Mika Kortelainen and Tuukka Saarimaa
May 2012
Paper No' SERCDP0110:
Read Abstract | Full Paper (pdf)

JEL Classification: D62; R21; R28


Tags: homeownership; neighborhood effects; partial linear model; set identification

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CEP Discussion Paper
What Do CEOs Do? Oriana Bandiera, Luigi Guiso, Andrea Prat and Raffaella Sadun
May 2012
Paper No' CEPDP1145:
Read Abstract | Full Paper (pdf)

JEL Classification: D2; G3; G34


Tags: ceos; corporate governance; time use

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CEP Discussion Paper
Matching Firms, Managers, and Incentives Oriana Bandiera, Luigi Guiso, Andrea Prat and Raffaella Sadun
May 2012
Paper No' CEPDP1144:
Read Abstract | Full Paper (pdf)

JEL Classification: J24;L2


Tags: personnel economics; hiring policy; management; performance related pay; performance incentives

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CEP Discussion Paper
Heterogeneity, Demand for Insurance and Adverse Selection Johannes Spinnewijn
May 2012
Paper No' CEPDP1142:
Read Abstract | Full Paper (pdf)

JEL Classification: D60; D82; D83; G28


Tags: heterogeneity; adverse selection; risk perceptions; welfare and policy

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SERC/Urban Programme Discussion Paper
Firm Size and Judicial Efficiency in Italy: Evidence from the Neighbour's Tribunal Silvia Giacomelli and Carlo Menon
May 2012
Paper No' SERCDP0108:
Read Abstract | Full Paper (pdf)

JEL Classification: K4; L11; O18


Tags: justice efficiency; firm size; spatial discontinuity approach; italy

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SERC/Urban Programme Discussion Paper
Ambition, Human Capital Acquisition and the Metropolitan Escalator Ian Gordon
April 2012
Paper No' SERCDP0107:
Read Abstract | Full Paper (pdf)

JEL Classification: J24; J61; J62; R23


Tags: escalator region; migration; urban labour market; london; social mobility; human capital

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SERC/Urban Programme Discussion Paper
Accounting for Big City Growth in Low Paid Occupations: Immigration and/or Service Class Consumption Ian Gordon and Ioannis Kaplanis April 2012
Paper No' SERCDP0106:
Read Abstract | Full Paper (pdf)

JEL Classification: J21; J23; F22; R12


Tags: regional labour markets; wages; employment; international migration; consumer demand

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SERC/Urban Programme Discussion Paper
Is Pennine England becoming more Polycentric or more Centripetal? An Analysis of Commuting Flows in a Transforming Industrial Region, 1981-2001 Tony Champion and Mike Coombes April 2012
Paper No' SERCDP0105:
Read Abstract | Full Paper (pdf)

JEL Classification: R23; R12; R14; R58


Tags: polycentricity; multi-scalar; urbanisation; commuting; pennine england

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CEP Discussion Paper
Environmental Policy and Directed Technological Change: Evidence from the European Carbon Market Raphael Calel and Antoine Dechezleprêtre April 2012
Paper No' CEPDP1141:
Read Abstract | Full Paper (pdf)

JEL Classification: O3; Q55; Q58; C14


Tags: directed technological change; eu emissions trading scheme; policy evaluation

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CEP Discussion Paper
Goods Trade, Factor Mobility and Welfare Stephen J. Redding
April 2012
Paper No' CEPDP1140:
Read Abstract | Full Paper (pdf)

JEL Classification: F11; F12; F16


Tags: international trade; factor mobility; welfare gains from trade

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CEP Discussion Paper
Span of Control and Span of Activity Oriana Bandiera, Andrea Prat, Raffaella Sadun and Julie Wulf
April 2012
Paper No' CEPDP1139:
Read Abstract | Full Paper (pdf)

JEL Classification: C21; C25; L22; L23


Tags: management; firms; ceo; productivity; firm activities

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CEP Discussion Paper
Trade and Inequality: From Theory to Estimation Elhanan Helpman, Oleg Itskhoki, Marc-Andreas Muendler and Stephen Redding
April 2012
Paper No' CEPDP1138:
Read Abstract | Full Paper (pdf)

JEL Classification: F12; F16; E24


Tags: wage inequality; international trade

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SERC/Urban Programme Discussion Paper
Great Britain's Second-Order City Regions in Recessions, 1978-2010 Tony Champion and Alan Townsend
April 2012
Paper No' SERCDP0104:
Read Abstract | Full Paper (pdf)

JEL Classification: J21; O18; R11; R12


Tags: recession; resilience; employment change; second-order city; city region; great britain

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SERC/Urban Programme Discussion Paper
Homeownerhip and Entrepreneurship Philippe Bracke, Christian Hilber and Olmo Silva
April 2012
Paper No' SERCDP0103:
Read Abstract | Full Paper (pdf)

JEL Classification: L26; D14; G11; R21


Tags: entrepreneurship; homeownership; panel estimation

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CEP Discussion Paper
Intermediaries in International Trade: Direct Versus Indirect Modes of Export Andrew B. Bernard, Marco Grazzi and Chiara Tomasi March 2012
Paper No' CEPDP1137:
Read Abstract | Full Paper (pdf)

JEL Classification: D22; F12; F14; L22; L23


Tags: heterogeneous firms; international trade; intermediation; wholesalers; export entry costs; product adding and dropping; exchange rates

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CEP Discussion Paper
Gender Gaps in Performance: Evidence from Young Lawyers Ghazala Azmat and Rosa Ferrer
March 2012
Paper No' CEPDP1136:
Read Abstract | Full Paper (pdf)

JEL Classification: M52; J16; K40; J44


Tags: performance measures; gender gaps; high-skilled professionals

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CEP Discussion Paper
CEO Bonding: Who Posts Performance Bonds and Why? Alex Bryson, John Forth and Minghai Zhou
March 2012
Paper No' CEPDP1135:
Read Abstract | Full Paper (pdf)

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


Tags: performance bonds; security deposits; executive compensation; ceo's; corporate governance; agency theory; china


This paper has been published as:
China Economic Review, Volume 30, September 2014
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CEP Discussion Paper
Why Are Migrants Paid More? Alex Bryson, Giambattista Rossi and Rob Simmons
March 2012
Paper No' CEPDP1134:
Read Abstract | Full Paper (pdf)

JEL Classification: J24; J31; J61; J71; M52


Tags: wages; migration; superstars; productivity; compensating wage differentials; sports

CEE/Education and Skills Programme Discussion Paper
Non-Native Speakers Of English In The Classroom: What Are The Effects On Pupil Performance? Charlotte Geay, Sandra McNally and Shqiponja Telhaj March 2012
Paper No' CEEDP0137:
Read Abstract | Full Paper (pdf)

Tags: language; immigration; education

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CEP Discussion Paper
Incentives for Quality over Time - The Case of Facebook Applications Jörg Claussen, Tobias Kretschmer and Philip Mayrhofer
March 2012
Paper No' CEPDP1133:
Read Abstract | Full Paper (pdf)

JEL Classification: L1; L50; O33


Tags: usage intensity; social media; platform management; two-sided markets

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CEP Discussion Paper
Cyclical Risk Aversion, Precautionary Saving and Monetary Policy Bianca De Paoli and Pawel Zabczyk
March 2012
Paper No' CEPDP1132:
Read Abstract | Full Paper (pdf)

JEL Classification: E32; G12


Tags: precautionary saving; monetary policy; cyclical risk aversion; macro-finance; non-linearities

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SERC/Urban Programme Discussion Paper
Politics in Coalition Formation of Local Governments Tuukka Saarimaa and Janne Tukiainen
March 2012
Paper No' SERCDP0102:
Read Abstract | Full Paper (pdf)

JEL Classification: H77; H72; C35


Tags: coalition formation; local politics; choice based sampling

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CEP Discussion Paper
Global Value Chains During the Great Trade Collapse: A Bullwhip Effect? Carlo Altomonte, Filippo Di Mauro, Gianmarco I. P. Ottaviano, Armando Rungi and Vincent Vicard February 2012
Paper No' CEPDP1131:
Read Abstract | Full Paper (pdf)

JEL Classification: F23; F15; L22


Tags: trade collapse; multinational firms; global value chains; hierarchies of firms; vertical integration

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CEP Discussion Paper
The Impact of Integration on Productivity and Welfare Distortions Under Monopolistic Competition Swati Dhingra and John Morrow February 2012
Paper No' CEPDP1130:
Read Abstract | Full Paper (pdf)

JEL Classification: F1; L1; D6


Tags: selection; monopolistic competition; efficiency; productivity; social welfare; demand elasticity

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CEP Discussion Paper
Agglomeration, Trade and Selection Gianmarco I. P. Ottaviano
February 2012
Paper No' CEPDP1129:
Read Abstract | Full Paper (pdf)

JEL Classification: F12; R11; R12


Tags: agglomeration; trade; heterogeneity; selection; economic geography

CEE/Education and Skills Programme Discussion Paper
Mental Health and Education Decisions Francesca Cornaglia, Elena Crivellaro and Sandra McNally
February 2012
Paper No' CEEEDP0136:
Read Abstract | Full Paper (pdf)

JEL Classification: I1; I2


Tags: mental health; educational attainment; drop-out

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CEP Discussion Paper
Firm Size Distortions and the Productivity Distribution: Evidence from France Luis Garicano, Claire Lelarge and John Van Reenen February 2012
Paper No' CEPDP1128:
Read Abstract | Full Paper (pdf)
Data Files associated with this paper.

JEL Classification: L11; L51; J8; L25.6


Tags: firm size; productivity; labor regulation; power law

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CEP Discussion Paper
Genes, Economics and Happiness Nicholas A. Christakis, Jan-Emmanuel De Neve, James H. Fowler and Bruno S. Frey
February 2012
Paper No' CEPDP1127:
Read Abstract | Full Paper (pdf)

JEL Classification: A12; D03; D87; Z00


Tags: wellbeing; socio-demographics; happiness; genetics; life satisfaction

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CEP Discussion Paper
Does Competition Improve Public Hospitals' Efficiency? Evidence from a Quasi-Experiment in the English National Health Service Zack Cooper, Stephen Gibbons, Simon Jones and Alistair McGuire February 2012
Paper No' CEPDP1125:
Read Abstract | Full Paper (pdf)

JEL Classification: C21; I18; L1; R0


Tags: hospital competition; market structure; prospective payment; incentive structure


This paper is an extension of CEP DP 988
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CEP Discussion Paper
Market Leadership Through Technology - Backward Compatibility in the U.S. Handheld Video Game Industry Jörg Claussen, Tobias Kretschmer and Thomas Spengler February 2012
Paper No' CEPDP1124:
Read Abstract | Full Paper (pdf)

JEL Classification: L15; L82; O33


Tags: backward compatibility; market leadership; network effects; video games; two-sided markets

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CEP Discussion Paper
A Model of Equilibrium Institutions Bernardo Guimaraes and Kevin D. Sheedy
February 2012
Paper No' CEPDP1123:
Read Abstract | Full Paper (pdf)

JEL Classification: E02; O43; P48


Tags: institutions; political economy; power struggle; property rights; time inconsistency

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CEP Discussion Paper
Signalling, Incumbency Advantage, and Optimal Reelection Rules Francesco Caselli, Tom Cunningham, Massimo Morelli and Inés Moreno de Barreda February 2012
Paper No' CEPDP1122:
Read Abstract | Full Paper (pdf)

JEL Classification: D72; D78; D82


Tags: supermajority; incumbency advantage; signalling


This paper has been published as:
The Incumbency Effects of Signalling, Francesco Caselli, Tom Cunningham, Massimo Morelli and Inés Moreno de Barreda, Economica, Volume 81, Issue 323, July 2014
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CEP Discussion Paper
Why Has China Grown So Fast? The Role of International Technology Transfer John Van Reenen and Linda Yueh
February 2012
Paper No' CEPDP1121:
Read Abstract | Full Paper (pdf)

JEL Classification: O32; O33


Tags: china; technology transfer; joint ventures; productivity

CEE/Education and Skills Programme Discussion Paper
Subjective Performance Evaluation in the Public Sector: Evidence from School Inspections Iftikhar Hussain
February 2012
Paper No' CEEDP0135:
Read Abstract | Full Paper (pdf)

JEL Classification: H11; I20; I28


Tags: subjective performance evaluation; gaming behavior; school inspections.

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CEP Discussion Paper
The Household Effects of Government Spending Francesco Giavazzi and Michael McMahon
February 2012
Paper No' CEPDP1120:
Read Abstract | Full Paper (pdf)

JEL Classification: E62; E21; E24; D12


Tags: fiscal policy; psid; household consumption; labor supply

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SERC/Urban Programme Discussion Paper
A Note on the Value of Foregone Open Space in Sprawling Cities Jan Rouwendal and Wouter Vermeulen
February 2012
Paper No' SERCDP0101:
Read Abstract | Full Paper (pdf)

JEL Classification: Q26; R13; R52


Tags: urban sprawl; open space; growth controls; outdoor recreation

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CEP Discussion Paper
The Determinants of Intrafirm Trade: Evidence from French Firms Gregory Corcos, Delphine M. Irac, Giordano Mion and Thierry Verdier January 2012
Paper No' CEPDP1119:
Read Abstract | Full Paper (pdf)

JEL Classification: F23; F12; F19


Tags: intrafirm trade; outsourcing; firm heterogeneity; incomplete contracts; internationalization strategies; quality of institutions; extensive margin; intensive margin

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CEP Discussion Paper
Institutions and Export Dynamics Luis Araujo, Giordano Mion and Emanuel Ornelas
January 2012
Paper No' CEPDP1118:
Read Abstract | Full Paper (pdf)

JEL Classification: F10; F12; L14


Tags: firm exports; contract enforcement; contracting institutions; firm dynamics

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CEP Discussion Paper
Preferential Trade Agreements and the Labor Market Emanuel Ornelas
January 2012
Paper No' CEPDP1117:
Read Abstract | Full Paper (pdf)

JEL Classification: F16; F15; F13


Tags: trade liberalization; unemployment; trade diversion; labor frictions

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CEP Discussion Paper
The Provision of Relative Performance Feedback Information: An Experimental Analysis of Performance and Happiness Ghazala Azmat and Nagore Iriberri January 2012
Paper No' CEPDP1116:
Read Abstract | Full Paper (pdf)

JEL Classification: C91; M52; D03


Tags: relative performance; feedback; piece-rate; flat-rate; happiness

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CEP Discussion Paper
Fiscal Multipliers over the Business Cycle Pascal Michaillat
January 2012
Paper No' CEPDP1115:
Read Abstract | Full Paper (pdf)

JEL Classification: E24; E32; E62; J64


Tags: fiscal multiplier; unemployment; business cycle; job rationing; matching frictions

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SERC/Urban Programme Discussion Paper
Flexible Employment and Cross-Regional Adjustment Ioannis Kaplanis and Vassilis Monastiriotis
January 2012
Paper No' SERCDP0100:
Read Abstract | Full Paper (pdf)

JEL Classification: R11; R23; J08; J61


Tags: employment flexibility; regional migration; labour market adjustment

CEE/Education and Skills Programme Discussion Paper
Fasting During Pregnancy and Children's Academic Performance Douglas Almond, Bhashkar Mazumder and Reyn van Ewijk
January 2012
Paper No' CEEDP0134:
Read Abstract | Full Paper (pdf)

Tags: educational outcomes; pregnancy; fasting

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SERC/Urban Programme Discussion Paper
External Benefits of Brownfield Redevelopment: An Applied Urban General Equilbirum Analysis Niels Vermeer and Wouter Vermeulen January 2012
Paper No' SERCDP0099:
Read Abstract | Full Paper (pdf)

JEL Classification: R13; R21; R52


Tags: brownfield redevelopment; land use externalities; urban general equilibrium; benefit-cost analysis

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CEP Discussion Paper
Gravity Redux: Measuring International Trade Costs with Panel Data Dennis Novy
January 2012
Paper No' CEPDP1114:
Read Abstract | Full Paper (pdf)

JEL Classification: F10; F15


Tags: trade costs; gravity; multilateral resistance; ricardian trade; heterogeneous firms

CEE/Education and Skills Programme Discussion Paper
Students’ Perceptions of Teacher Biases: Experimental Economics in Schools Amine Ouazad and Lionel Page
January 2012
Paper No' CEEDP0133:
Read Abstract | Full Paper (pdf)

Tags: teacher biases; educational achievement

CEE/Education and Skills Programme Discussion Paper
Valuing School Quality Using Boundary Discontinuities Stephen Gibbons, Stephen Machin and Olmo Silva
January 2012
Paper No' CEEDP0132:
Read Abstract | Full Paper (pdf)

JEL Classification: C21; I20; H75; R21


Tags: house prices; school quality; boundary discontinuities

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CEP Discussion Paper
The Causal Effects of an Industrial Policy Chiara Criscuolo, Ralf Martin, Henry G. Overman and John Van Reenen
January 2012
Paper No' CEPDP1113:
Read Abstract | Full Paper (pdf)

JEL Classification: R11; H25; L52; L53; O25


Tags: industrial policy; regional policy; employment; investment; productivity

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SERC/Urban Programme Discussion Paper
The Causal Effects of an Industrial Policy Chiara Criscuolo, Ralf Martin, Henry G. Overman and John Van Reenen
January 2012
Paper No' SERCDP0098:
Read Abstract | Full Paper (pdf)

JEL Classification: H25; L52; L53; O47


Tags: industrial policy; regional policy; employment; investment; productivity

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CEP Discussion Paper
Paying for Performance: Incentive Pay Schemes and Employees' Financial Participation Alex Bryson, Richard Freeman, Claudio Lucifora, Michele Pellizzari and Virginie Perotin January 2012
Paper No' CEPDP1112:
Read Abstract | Full Paper (pdf)

JEL Classification: J24; J33; D31


Tags: performance pay; financial participation; institutions

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CEP Discussion Paper
Left, Right, Left: Income and Political Dynamics in Transition Economies Michael Carter and John Morrow
January 2012
Paper No' CEPDP1111:
Read Abstract | Full Paper (pdf)

JEL Classification: D31; D72; D83; P16


Tags: income dynamics; redistributive politics; polarization; bayesian learning; latin america

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CEP Discussion Paper
Assimilation in Multilingual Cities Javier Ortega and Gregory Verdugo
December 2011
Paper No' CEPDP1110:
Read Abstract | Full Paper (pdf)

JEL Classification: F22; J15


Tags: immigration; assimilation; language policies; minorities

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CEP Discussion Paper
Management Practices Across Firms and Countries Nicholas Bloom, Christos Genakos, Raffaella Sadun and John Van Reenen
December 2011
Paper No' CEPDP1109:
Read Abstract | Full Paper (pdf)

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


Tags: management; organization; and productivity

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CEP Discussion Paper
Spatial Frictions Kristian Behrens, Giordano Mion, Yasusada Murata and Jens Südekum
December 2011
Paper No' CEPDP1108:
Read Abstract | Full Paper (pdf)

JEL Classification: F12; R12


Tags: trade frictions; urban frictions; productivity; city-size distribution; markups

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CEP Discussion Paper
Service Trade and Occupational Tasks: An Empirical Investigation Andrea Ariu and Giordano Mion
December 2011
Paper No' CEPDP1107:
Read Abstract | Full Paper (pdf)

JEL Classification: F14; F16; O33; L80


Tags: trade in services; extensive margin; occupational tasks; technological change

CEE/Education and Skills Programme Discussion Paper
The Evaluation of English Education Policies Stephen Machin and Sandra McNally
December 2011
Paper No' CEEDP0131:
Read Abstract | Full Paper (pdf)

JEL Classification: I2


Tags: educational inequality; evaluation; school policies

CEE/Education and Skills Programme Discussion Paper
Do Public Colleges in Developing Countries Provide Better Education than Private ones? Evidence from General Education Sector in India Yona Rubinstein and Sheetal Sekhri December 2011
Paper No' CEEDP0130:
Read Abstract | Full Paper (pdf)

JEL Classification: O15; I21; H41


Tags: private education; public education; india

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CEP Discussion Paper
Do Cash Transfers Improve Birth Outcomes? Evidence from Matched Vital Statistics, Social Security and Program Data Verónica Amarante, Marco Manacorda, Edward Miguel and Andrea Vigorito December 2011
Paper No' CEPDP1106:
Read Abstract | Full Paper (pdf)

JEL Classification: J88; I38; J13


Tags: poverty relief program; maternal health; cash transfers; social assistance; uruguay; birth outcomes; low birthweight; cash transfer program; nutrition

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CEP Discussion Paper
Assignment Reversals: Trade, Skill Allocation and Wage Inequality Thomas Sampson
December 2011
Paper No' CEPDP1105:
Read Abstract | Full Paper (pdf)

JEL Classification: J30; L60; O30


Tags: skilled labor; productivity; workforce; wage inequality; skill intensity reversal

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CEP Discussion Paper
Immigrant Enclaves and Crime Brian Bell and Stephen Machin
December 2011
Paper No' CEPDP1104:
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JEL Classification: F22; J15; K42


Tags: crime; immigrant segregation; enclaves

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CEP Discussion Paper
Trading Away Wide Brands for Cheap Brands Swati Dhingra
December 2011
Paper No' CEPDP1103:
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JEL Classification: F10; F14; M37; N80


Tags: brands; trade; manufacturing; heterogeneous firms; thailand

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CEP Discussion Paper
A Note on Schooling in Development Accounting Francesco Caselli and Antonio Ciccone
December 2011
Paper No' CEPDP1102:
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JEL Classification: I28; J24


Tags: schooling; production; efficiency; human capital; development accounting; growth accounting

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CEP Discussion Paper
How Local Are Labour Markets? Evidence from a Spatial Job Search Model Alan Manning and Barbara Petrongolo
December 2011
Paper No' CEPDP1101:
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JEL Classification: J61; J63; J64; R12


Tags: job search; local labour markets; location-based policies; ripple effects

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CEP Discussion Paper
Spatial Exporters Fabrice Defever, Benedikt Heid and Mario Larch
December 2011
Paper No' CEPDP1100:
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JEL Classification: F12; F13


Tags: export destination choice; spatial correlation; extended gravity; firm-level customs data; mfa; atc quota removal

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CEP Discussion Paper
Anorexia, Body Image and Peer Effects: Evidence from a Sample of European Women Joan Costa Font and Mireia Jofre-Bonet
November 2011
Paper No' CEPDP1098:
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JEL Classification: I12; Q18


Tags: self-image; identity; body image; eating disorders; anorexia; european women

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CEP Discussion Paper
HRM and Workplace Motivation: Incremental and Threshold Effects Alex Bryson and Michael White
November 2011
Paper No' CEPDP1097:
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JEL Classification: J28; L23; M12; M54


Tags: human resource management; high performance; organizational commitment

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SERC/Urban Programme Discussion Paper
Does Skilled Migration Foster Innovative Performance? Evidence from British Local Areas Luisa Gagliardi
November 2011
Paper No' SERCDP0097:
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JEL Classification: O15; O31; I2; H22


Tags: innovation; migration; education; externalities

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SERC/Urban Programme Discussion Paper
The Bright Side of Social Capital: How 'Bridging' Makes Italian Provinces More Innovative Riccardo Crescenzi, Luisa Gagliardi and Marco Percoco November 2011
Paper No' SERCDP0096:
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JEL Classification: O31; O33; R15


Tags: innovation; social capital; knowledge transfer; regional development

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CEP Discussion Paper
Worktime Regulations and Spousal Labor Supply Dominique Goux, Eric Maurin and Barbara Petrongolo
November 2011
Paper No' CEPDP1096:
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JEL Classification: J22; J12; J48


Tags: spousal labor supply; cross-hour effects; workweek reduction


This paper has been published as:
Worktime regulations and spousal labor supply, Dominique Goux, Eric Maurin and Barbara Petrongolo, American Economic Review, Volume 104, Issue 1, January 2014
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CEP Discussion Paper
Does High Involvement Management Improve Worker Wellbeing? Alex Bryson, Petri Böckerman and Pekka Ilmakunnas
November 2011
Paper No' CEPDP1095:
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JEL Classification: I10; J28; J81; M52; M53; M54


Tags: health; subjective wellbeing; sickness absence; job satisfaction; pain; high involvement management; high performance work system; performance-related pay; training; team working; information sharing

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CEP Discussion Paper
Measuring the (Income) Effect of Disability Insurance Generosity on Labour Market Participation Olivier Marie and Judit Vall Castello November 2011
Paper No' CEPDP1094:
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JEL Classification: J14; J26; J40


Tags: disability insurance; labour market participation; income effect; regression discontinuity

CEE/Education and Skills Programme Discussion Paper
An Evaluation of “Special Educational Needs” Programmes in England Francois Keslair, Eric Maurin and Sandra McNally
November 2011
Paper No' CEEDP0129:
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JEL Classification: I2


Tags: education; special needs; evaluation;

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CEP Discussion Paper
Gender Gaps Across Countries and Skills: Supply, Demand and the Industry Structure Claudia Olivetti and Barbara Petrongolo
November 2011
Paper No' CEPDP1093:
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JEL Classification: E24; J16; J31


Tags: gender gaps; education; demand and supply; industry structure

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CEP Discussion Paper
Wishful Thinking Guy Mayraz
November 2011
Paper No' CEPDP1092:
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JEL Classification: D01; D03; D81; D84; G11


Tags: wishful-thinking; optimal expectations; priors and desires; payoff-dependent beliefs; asset prices

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CEP Discussion Paper
Resource Windfalls, Political Regimes, and Political Stability Francesco Caselli and Andrea Tesei
November 2011
Paper No' CEPDP1091:
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JEL Classification: D72; D78; Q33


Tags: natural resources; elections; political accountability

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CEP Discussion Paper
Factor Proportions and International Business Cycles Keyu Jin and Nan Li
November 2011
Paper No' CEPDP1090:
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JEL Classification: F41; F44


Tags: international business cycles; international comovement; composition effects

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CEP Discussion Paper
Firm Performance and Wages: Evidence from Across the Corporate Hierarchy Brian Bell and John Van Reenen
November 2011
Paper No' CEPDP1088:
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CEP Discussion Paper
The Role of Educational Quality and Quantity in the Process of Economic Development Amparo Castelló-Climent and Ana Hidalgo-Cabrillana November 2011
Paper No' CEPDP1087:
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JEL Classification: I21; O11; O15; O4


Tags: quality of education; human capital composition; economic growth

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CEP Discussion Paper
Mass Education or a Minority Well Educated Elite in the Process of Development: the Case of India Amparo Castelló-Climent and Abhiroop Mukhopadhyay November 2011
Paper No' CEPDP1086:
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JEL Classification: I28; O11; O50


Tags: distribution of education; attainment levels; economic growth; panel data

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SERC/Urban Programme Discussion Paper
Estimating and Forecasting with a Dynamic Spatial Panel Data Model Badi H. Baltagi, Bernard Fingleton and Alain Pirotte
November 2011
Paper No' SERCDP0095:
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JEL Classification: C33


Tags: panel data; spatial lag; error components; linear predictor; gmm; spatial autocorrelation

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CEP Discussion Paper
The Empirics of Firm Heterogeneity and International Trade Andrew B. Bernard, J. Bradford Jensen, Stephen J. Redding and Peter K. Schott October 2011
Paper No' CEPDP1084:
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JEL Classification: F10; F12; F14


Tags: heterogeneous firms; exporting; importing; productivity

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CEP Discussion Paper
In Search of a Theory of Debt Management Elisa Faraglia, Albert Marcet and Andrew Scott
October 2011
Paper No' CEPDP1083:
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JEL Classification: E43; E62


Tags: complete markets; debt management; government debt; maturity structure; yield curve

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SERC/Urban Programme Discussion Paper
Agglomeration Externalities and Urban Growth Controls Wouter Vermeulen
October 2011
Paper No' SERCDP0093:
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JEL Classification: R52; R12; R13


Tags: agglomeration externalities; growth controls; second-best policy; systems of cities

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SERC/Urban Programme Policy Paper
The Future of Rural Policy: Lessons from Spatial Economics (Policy Note) Steve Gibbons and Henry G. Overman
October 2011
Paper No' SERCPP009:
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SERC/Urban Programme Policy Paper
The Future of Rural Policy: Lessons from Spatial Economics Steve Gibbons and Henry G. Overman
October 2011
Paper No' SERCPP008:
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SERC/Urban Programme Discussion Paper
The Economics Implications of House Price Capitalization: A Synthesis Christian A. L. Hilber
October 2011
Paper No' SERCDP0091:
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JEL Classification: D71; R21; R31


Tags: house price capitalization; homeownership; local public goods; club goods; land use regulation; land and housing supply; incentives to invest; redistribution

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CEP Discussion Paper
A Many-Country Model of Industrialization Holger Breinlich and Alejandro Cuñat
September 2011
Paper No' CEPDP1082:
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JEL Classification: F11; F12; F14; O14


Tags: industrialization; economic geography; international trade

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CEP Discussion Paper
Productivity, Wages and Marriage: The Case of Major League Baseball Francesca Cornaglia and Naomi E. Feldman
September 2011
Paper No' CEPDP1081:
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JEL Classification: J31; J44; J70


Tags: productivity; wage gap; marriage; and baseball

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CEP Discussion Paper
The Wealth and Poverty of Nations: True PPPs for 141 Countries Nicholas Oulton
September 2011
Paper No' CEPDP1080:
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JEL Classification: C43; D12; E01; I31; O47


Tags: purchasing power parity (ppp); standard of living; international comparisons; konüs; index number; welfare; homothetic

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CEP Discussion Paper
Fear and the Response to Terrorism: An Economic Analysis Gary S. Becker and Yona Rubinstein
September 2011
Paper No' CEPDP1079:
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JEL Classification: F52; Z10


Tags: economics; psychology; education

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CEP Discussion Paper
Optimal Unemployment Insurance Over the Business Cycle Camille Landais, Pascal Michaillat and Emmanuel Saez
September 2011
Paper No' CEPDP1078:
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JEL Classification: E24; E32; H21; H23


Tags: unemployment insurance; business cycle; job rationing; matching frictions

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CEP Discussion Paper
Stock Market Volatility and Learning Klaus Adam, Albert Marcet and Juan Pablo Nicolini
September 2011
Paper No' CEPDP1077:
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JEL Classification: G12; D84


Tags: asset pricing; learning; near-rational price forecasts

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CEP Discussion Paper
The Minimum Wage and Inequality - The Effects of Education and Technology Zsófia L. Bárány
September 2011
Paper No' CEPDP1076:
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JEL Classification: E24; E65; J31


Tags: minimum wage; education; technology; wage inequality

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CEP Discussion Paper
Rising Wage Inequality and Postgraduate Education Joanne Lindley and Stephen Machin
September 2011
Paper No' CEPDP1075:
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JEL Classification: J24; J31


Tags: wage inequality; postgraduate education; computers


This paper has been published as:
The Rising Postgraduate Wage Premium, Joanne Lindley and Stephen Machin, Economica, Volume 83, Issue 330, April 2016
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CEP Discussion Paper
First Impressions Matter: Signalling as a Source of Policy Dynamics Stephen Hansen and Michael McMahon
September 2011
Paper No' CEPDP1074:
Read Abstract | Full Paper (pdf)

JEL Classification: D78; E52


Tags: signalling; learning; monetary policy

CEE/Education and Skills Programme Discussion Paper
Does Additional Spending Help Urban Schools? An Evaluation Using Boundary Discontinuities Stephen Gibbons, Sandra McNally and Martina Viarengo September 2011
Paper No' CEEDP0128:
Read Abstract | Full Paper (pdf)

JEL Classification: R0; I21; H52;


Tags: urban schools; education; resources;


This paper has been published as:
Spatial Economics Research Centre (SERC) Discussion Paper No. 90
CEE/Education and Skills Programme Discussion Paper
From Grants to Loans and Fees: The Demand for Post-Compulsory Education in England and Wales from 1955 to 2008 Peter Dolton and Li Lin September 2011
Paper No' CEEDP0127:
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JEL Classification: J08; I22; I28


Tags: post compulsory education; student finance; structural change

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SERC/Urban Programme Discussion Paper
Does Additional Spending Help Urban Schools? An Evaluation Using Boundary Discontinuities Stephen Gibbons, Sandra McNally and Martina Viarengo August 2011
Paper No' SERCDP0090:
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JEL Classification: R0; I21; H52


Tags: urban schools; education; resources

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SERC/Urban Programme Discussion Paper
On the Relative Importance of Agglomeration Economies in the Location of FDI Across British Regions Jonathan Jones and Colin Wren August 2011
Paper No' SERCDP0089:
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JEL Classification: H3; O2; L2; R3


Tags: industrial location; agglomeration economies; intermediate goods; fdi

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SERC/Urban Programme Discussion Paper
From Russia with Love: The Impact of Relocated Firms on Incumbent Survival Oliver Falck, Christina Guenther, Stephan Heblich and William R. Kerr August 2011
Paper No' SERCDP0088:
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JEL Classification: R10; L10; H25; O10; J20


Tags: agglomeration; competition; firm dynamics; labor; germany

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CEP Discussion Paper
Advertising Expenditure and Consumer Prices Ferdinand Rauch
August 2011
Paper No' CEPDP1073:
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JEL Classification: H25; M37


Tags: advertising; taxation of advertising; effects of advertising

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CEP Discussion Paper
Trading and Enforcing Patent Rights Alberto Galasso, Mark Schankerman and Carlos J. Serrano
August 2011
Paper No' CEPDP1072:
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JEL Classification: K41; H24; O32; O34


Tags: patents; litigation; market for innovation; capital gains taxation

CEP Discussion Paper
A Model for the Delivery of Evidence-Based PSHE (Personal Wellbeing) in Secondary Schools John Coleman, Daniel Hale and Richard Layard August 2011
Paper No' CEPDP1071:
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JEL Classification: I1; I18; I2


Tags: health education; social-emotional learning; life-skills; prevention