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Ottaviano, Gianmarco - C.E.P.R. Discussion Papers - 2012

This paper studies how firm heterogeneity in terms of productivity affects the balance between agglomeration and … endogenous markups. It shows that firm heterogeneity matters. However, whether it shifts the balance from agglomeration to … `evenness'. Accordingly, the role of firm heterogeneity in selection models of agglomeration can not be fully understood without …

Persistent link: https://www.econbiz.de/10011083916

Inequality and Institutions

Chong, Alberto; Gradstein, Mark - C.E.P.R. Discussion Papers - 2004

institutional measures. We establish the double causality between institutional strength and a more equal distribution of income and …

Persistent link: https://www.econbiz.de/10005124033

The Effect of Disability on Labour Market Outcomes in Germany: Evidence from Matching

Lechner, Michael; Vazquez-Alvarez, Rosalia - C.E.P.R. Discussion Papers - 2004

If labour market policies aimed at people with disabilities are effective, we should observe no significant difference in labour market outcomes between disabled and non-disabled individuals. This Paper examines the impact of disability status on labour market outcomes using matching methods...

Persistent link: https://www.econbiz.de/10005498136

The Economic Effects of Energy Price Shocks

Kilian, Lutz - C.E.P.R. Discussion Papers - 2007

Large fluctuations in energy prices have been a distinguishing characteristic of the U.S. economy since the 1970s. Turmoil in the Middle East, rising energy prices in the U.S. and evidence of global warming recently have reignited interest in the link between energy prices and economic...

Persistent link: https://www.econbiz.de/10005504581

Not All Oil Price Shocks Are Alike: Disentangling Demand and Supply Shocks in the Crude Oil Market

Kilian, Lutz - C.E.P.R. Discussion Papers - 2006

Using a newly developed measure of global real economic activity, a structural decomposition of the real price of crude oil in four components is proposed: oil supply shocks driven by political events in OPEC countries; other oil supply shocks; aggregate shocks to the demand for industrial...

Persistent link: https://www.econbiz.de/10005662193

Household Heterogeneity and the Real Exchange Rate: Still a Puzzle

Kollmann, Robert - C.E.P.R. Discussion Papers - 2009

persistent. The link between the real exchange rage and consumption (heterogeneity) remains a puzzle. …

Persistent link: https://www.econbiz.de/10005012492

Quality sorting and trade: Firm-level evidence for French wine

Crozet, Matthieu; Head, Keith; Mayer, Thierry - C.E.P.R. Discussion Papers - 2009

Investigations of the effect of quality differences on heterogeneous performance in exporting have been limited by lack of direct measures of quality. We examine exports of French wine, matching the exporting firms to producer ratings from two wine guides. We show that high quality producers...

Persistent link: https://www.econbiz.de/10005012493

Independence and Heterogeneity in Games of Incomplete Information

Mason, Robin; Valentinyi, Akos - C.E.P.R. Discussion Papers - 2004

. Secondly, we show that if, in addition, there is sufficient heterogeneity of the conditional density of types, then the best …

Persistent link: https://www.econbiz.de/10005114177

Dispersion of Beliefs in the Foreign Exchange Market

Jongen, Ron; Verschoor, Willem F C; Wolff, Christian C; … - C.E.P.R. Discussion Papers - 2008

be significant and positive for different measures of both trader heterogeneity and market volatility. …

Persistent link: https://www.econbiz.de/10005136619

Technology, Information and the Decentralization of the Firm

Acemoglu, Daron; Aghion, Philippe; Lelarge, Claire; Van … - C.E.P.R. Discussion Papers - 2006

This paper develops a framework to analyze the relationship between the diffusion of new technologies and the decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. Decentralized control, on the...

Persistent link: https://www.econbiz.de/10005136707

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