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CEP discussion paper
The long shadow of slavery: the persistence of slave owners in Southern law-making

This paper documents the persistence of the Southern slave owning elite in political power after the end of the American Civil War. We draw on a database of Texan state legislators between 1860 and 1900 and link them to ...Read more...

Luna Bellani, Anselm Hager and Stephan E. Maurer

20 August 2020

CEP discussion paper
Surprise! Out-of-network billing for emergency care in the United States

Using insurance claims data capturing 8.9 million emergency episodes, we show that in 22% of cases, patients attended in-network hospitals, but were treated by out-of-network physicians. We find that out-of-network billi...Read more...

Zack Cooper, Fiona Scott Morton and Nathan Shekita

18 December 2017

CEP discussion paper
Politics, hospital behaviour and health care spending

This paper examines the link between legislative politics, hospital behaviour, and health care spending. When trying to pass sweeping legislation, congressional leaders can attract votes by adding targeted provisions tha...Read more...

Zack Cooper, Amanda Kowalski, Eleanor Neff Powell and Jennifer Wu

14 December 2017

CEP discussion paper
Home Computers and Married Women's Labor Supply

I consider how the availability of a personal computer at home changed employment for married women. I develop a theoretical model that motivates the empirical specifications. Using data from the U.S. CPS from 1984 to 20...Read more...

Alexander C. Lembcke

5 March 2014

CEP US election analysis
Inequality and opportunity: the return of a neglected debate

During this election period many Americans are feeling angry towards the very rich, especially those working in the financial sector, who helped cause the Great Recession and yet were bailed out by the government. Increa...Read more...

Stephen Machin and John Van Reenen

29 October 2012

CEP US election analysis
Economic Recovery and Policy Uncertainty

Until some political mechanism creates incentives to elect moderate representatives who can reach across the ideological divide, the US seems destined to heightened levels of policy uncertainty for many years to come. So...Read more...

Scott R. Baker, Nick Bloom, Steven J. Davis and John Van Reenen

23 October 2012

CentrePiece article
Policy uncertainty: a new indicator

The damaging impact of economic uncertainty on growth has been reasonably well studied - but what happens when there is uncertainty about economic policy-making? Nicholas Bloom and colleagues have developed a measure of ...Read more...

Scott R. Baker, Nicholas Bloom and Steven J. Davis

16 February 2012

CEP discussion paper
Market Leadership Through Technology - Backward Compatibility in the U.S. Handheld Video Game Industry

The introduction of a new product generation forces incumbents in network industries to rebuild their installed base to maintain an advantage over potential entrants. We study if backward compatibility moderates this pro...Read more...

Jörg Claussen, Tobias Kretschmer and Thomas Spengler

10 February 2012

CEP discussion paper
Political Competition, Policy and Growth: Theory and Evidence from the United States

This paper develops a simple model to analyze how a lack of political competition may lead to policies that hinder economic growth. We test the predictions of the model on panel data for the US states. In these data, we ...Read more...

Timothy Besley, Torsten Persson and Daniel M. Sturm

October 2010

CEP discussion paper
Revolving Door Lobbyists

Washington's 'revolving door' - the movement from government service into the lobbying industry- is regarded as a major concern for policy-making. We study how ex-government staffers benefit from the personal connections...Read more...

Jordi Blanes i Vidal, Mirko Draca and Christian Fons-Rosen

August 2010

CEP discussion paper
Multinationals and US Productivity Leadership: Evidence from Great Britain

We study the productivity of US owned plants in the UK. Using a new dataset that identifies foreign and domestic MNEs, we find that UK MNEs are less productive than US affiliates, but as productive as non US foreign affi...Read more...

Chiara Criscuolo and Ralf Martin

January 2005

CEP discussion paper
Are European Labor Markets As Awful As All That?

“The standard explanation of why advanced Europe has generated less work per adult than the US is that something is seriously amiss with EU labor markets. The theme of this piece is simple. Compared to an ideal competiti...Read more...

Richard Freeman

August 2004