CERGE-EI Working Papers are widely distributed both as hard copies and over the internet (via our web page and the SSRN network). Before publication, they undergo a full-fledged refereeing process and are also edited by the CERGE-EI English Department. For potential submissions, please contact the editor at
byeongju.jeong@cerge-ei.cz.
Editorial board: Jan Kmenta, Randall Filer, Petr Zemcik.
Individual researchers, as well as on-line and printed versions of the CERGE-EI Working Papers Series (including their dissemination) were supported from the following institutional grants:
- Center of Advanced Political Economy Research [Centrum pro pokročilá politicko-ekonomická studia], No. LC542, (2005-2009);
- Economic Impact of European Integration on the Czech Republic [Ekonomické dopady evropské integrace na ČR], No. MSM0021620846, (2005-2011);
- Economic Aspects of EU and EMU Entry [Ekonomické aspekty vstupu do Evropské unie a Evropské měnové unie], No. AVOZ70850503, (2005-2010);
- The Czech Republic and the Political Economy of European Integration [Česká republika a politická ekonomie evropské integrace], No. J13/98:116200001, (1999-2004);
- The Economy in the Advanced Stage of Transformation [Ekonomika v období pokročilé transformace], No. A44/98:Z7–085–9–ii, (1999-2004);
- Contemporary Czech Society and Issues of European Integration [Současná česká společnost a otázky evropské integrace], No. K8002117, (2001-2004);
- National Identity and Cultural Heritage: Modern Systems of Collecting, Storing and Processing of Data [Národní identita a kulturní dědictví: moderní systémy sběru, uchování a zpracování informací], No. K8002119, (2001-2004).
Specific research support and/or other grants the researchers/publications benefited from are acknowledged in the Papers.
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Hard copies of Working Papers
Older Working Papers (No. 1 - 150)
411. Natalia Shestakova
Pricing Scheme Choice: How Process Affects Outcome
July 2010
(abstract in PDF,
text in PDF)
410. Alena Bičáková
Gender Unemployment Gaps: Evidence from the New EU Member States
May 2010
(abstract in PDF,
text in PDF)
409. Filip Matějka
Rigid Pricing and Rationally Inattentive Consumer
April 2010
(abstract in PDF,
text in PDF)
Volume 20, Number 1, 2010
408. Filip Matějka
Rationally Inattentive Seller: Sales and Discrete Pricing
March 2010
(abstract in PDF,
text in PDF)
407. Barbara Gebicka
College Degree Supply and Occupational Allocation of Graduates the Case of the Czech Republic
March 2010
(abstract in PDF,
text in PDF)
406. Lubomira Anastassova
Are Immigrants Paid Less for Education?
February 2010
(abstract in PDF,
text in PDF)
405. Dietrich Earnhart, Lubomír Lízal
Pollution Control in a Transition Economy: Do Firms Face Economies and/or Diseconomies of Scale?
February 2010
(abstract in PDF,
text in PDF)
404. Jana Krajčová
On the Hidden Costs of Monitoring Corruption or Effort
January 2010
(abstract in PDF,
text in PDF)
Volume 19, Number 4, 2009
403. Fusako Tsuchimoto, Libor Dušek
Responses to More Severe Punishment in the Courtroom: Evidence from Truth-in-Sentencing Laws
December 2009
(abstract in PDF,
text in PDF)
402. František Brázdik
Announced Regime Switch: Optimal Policy for Transition Period
December 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
401. Eugen Kováč, Viatcheslav Vinogradov, Krešimir Žigić
Technological Leadership and Persistence of Monopoly under Endogenous Entry:
Static versus Dynamic Analysis
December 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
400. Eva Hromadkova
Gatekeeping – Open Door to Effective Medical Care Utilisation?
November 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
399. Filip Pertold
Sorting into Secondary Education and Peer Effects in Youth Smoking
November 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
398. Jan Bena, Peter Ondko
Financial Development and Allocation of External Finance
November 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
397. Katarina Kalovcova, Andreas Ortmann
Understanding the Plott-Wit-Yang Paradox
November 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
396. Sergey Slobodyan and Raf Wouters
Learning in an Estimated Medium-Scale DSGE Model
November 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
395. Fusako Tsuchimoto
A Theory of Ethnic Diversity and Income Distribution
November 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
394. Juraj Stancik, Timo Valila
Changes in the Fiscal Stance and the Composition of Public Spending
November 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
Volume 19, Number 3, 2009
393. Anastasiya Shamshur
Is the Stability of Leverage Ratios Determined by the Stability of the Economy?
September 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
392. Josef Basl, Daniel Munich, Oleg Sidorkin
Publication Productivity of Czech Sociology in Scientific Journals Within the Last Decade
September 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
391. Magdalena Morgese Borys, Petr Zemcik
Size and Value Efects in the Visegrad Countries
September 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
390. Petr Zemcik
Housing Markets in Central and Eastern Europe: Is There a Bubble in the Czech Republic?
September 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
389. Stepan Jurajda and Juraj Stancik
Foreign Ownership and Corporate Performance: The Czech Republic at EU Entry
September 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
388. Pavel Dvorak, Jan Hanousek
Paying for Banking Services: What Determines the Fees?
August 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
387. Tomas Konecny
Expatriates and Trade
August 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
386. Evangelia Vourvachaki
Information and Communication Technologies in a Multi-sector Endogenous Growth Model
August 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
385. Ondrej Rydval, Andreas Ortmann, Sasha Prokosheva, Ralph Hertwig
How Certain Is the Uncertainty Effect?
July 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
Volume 19, Number 2, 2009
384. Michal Bresky
Revenue and Efficiency in Multi-Unit Uniform-Price Auctions
May 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
383. Katrin Tinn, Evangelia Vourvachaki
Can Optimism about Technology Stocks Be Good for Welfare? Positive Spillovers vs. Equity Market Losses
April 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
Volume 19, Number 1, 2009
382. Jan Hanousek, Evzen Kocenda
Intraday Price Discovery in Emerging European Stock Markets
February 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
381. Radim Bohacek, Volha Belush
Social Security Reform in a Dynastic Life-Cycle Model with Endogenous Fertility
January 2009
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
Volume 18, Number 4, 2008
380. Yuliya Rychalovska
The Implications of Structural Asymmetries for Monetary Policy and Welfare in a Small Open Economy: A Linear Quadratic Framework
December 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
379. Anna Bogomolova, Dmitri Kolyuzhnov
Optimal Monetary Policy Rules: The Problem of Stability Under Heterogeneous Learning
December 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
378. Dmitri Kolyuzhnov
Economic Dynamics Under Heterogeneous Learning: Necessary and Sufficient Conditions for Stability
December 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
377. Jan Bena
The Effect of Credit Rationing on the Shape of the Competition-Innovation Relationship
December 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
376. Michal Bresky
Pure Equilibrium Strategies in Multi-unit Auctions with Private Value Bidders
December 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
375. Ilir Maçi, Kresimir Zigic
Competition Policy and Market Leaders
November 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
374. Eugen Kovac, Jakub Steiner
Reversibility in Dynamic Coordination Problems
November 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
373. Marian Krajc
Are the Unskilled Really That Unaware? Understanding Seemingly Biased Self-Assessments
November 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
372. Jana Krajcova, Andreas Ortmann
Testing Leniency Programs Experimentally: The Impact of “Natural” Framing
November 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
371. Stepan Jurajda, Daniel Munich
Gender Gap in Admission Performance under Competitive Pressure
November 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
370. Jana Krajcova
Testing Leniency Programs Experimentally: The Impact of Change in Parameterization
October 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
369. Kresimir Zigic
Stackelberg Leadership with Product Differentiation and Endogenous Entry: Some Comparative Static and Limiting Results
October 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
368. Frantisek Brazdik, Juraj Antal
Macroeconomic Stability: Transition Towards the Nominal Exchange Rate Stability
October 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
Volume 18, Number 3, 2008
367. Tomas Konecny, Jan Myslivecek
Fair Trade - Is It Really Fair?
September 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
366. Olga Aslanidi
Dollarization in Transition Economies: New Evidence from Georgia
September 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
365. Frantisek Kopriva
Source of Information-Driven Trading on the Prague Stock Exchange
September 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
364. Jan Myslivecek
How to Price Imperfect Certification
September 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
363. Levent Çelik
Viewer Sampling and Quality Signaling in a Television Market
September 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
362. Levent Çelik
Monopoly Provision of Tune-ins
September 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
361. Jan Myslivecek
Comparing Certification and Self-regulation
September 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
360. Jan Hanousek, Filip Palda
Tax Evasion Dynamics in the Czech Republic: First Evidence of an Evasional Kuznets Curve
September 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
359. Levent Çelik
Strategic Informative Advertising in a Horizontally Differentiated Duopoly
September 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
358. Branislav Saxa
Learning-by-Exporting or Managerial Quality? Evidence from the Czech Republic
August 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
357. Ashot Tsharakyan
The Effect of Mortgage Origination Fees on the Housing Price Dynamics
August 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
Volume 18, Number 2, 2008
356. Maksim Yemelyanau
Inequality in Belarus from 1995 to 2005
June 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
355. Andreas Ortmann, Sergey Slobodyan
(The Evolution of) Post-Secondary Education: A Computational Model and Experiments
June 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
354. Michal Bresky
Properties of Equilibrium Strategies in Multiple-Unit, Uniform-Price Auctions
May 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
353. Jan Babecky, Fabrizio Coricelli, Roman Horvath
Assessing Inflation Persistence: Micro Evidence on an Inflation Targeting Economy
June 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
352. Junghun Cho
Sequential Cheap Talk from Advisors with Reputation
June 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
Volume 18, Number 1, 2008
351. Alena Bicakova, Jiri Slacalek, Michal Slavik
Labor Supply after Transition: Evidence from the Czech Republic
March 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
350. Michal Franta, Martin Guzi
Unequal Access to Higher Education in the Czech Republic: The Role of Spatial Distribution of Universities
March 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
349. Jan Hanousek, Evzen Kocenda, Ali M. Kutan
The Reaction of Asset Prices to Macroeconomic Announcements in New EU Markets: Evidence from Intraday Data
March 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
348. Marián Dinga
The impact of territorially concentrated FDI on local labor markets: evidence from the Czech Republic
February 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
347. Ondrej Rydval, Andreas Ortmann, Michal Ostatnický
Three Very Simple Games and What It Takes to Solve Them
January 2008
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
Volume 17, Number 4, 2007
346. Silvester van Koten
Legally Separated Joint Ownership of Bidder and Auctioneer: Illustrated by the Partial Deregulation of the EU Electricity Markets
December 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
345. Stepan Jurajda, Katherine Terrell
Regional Unemployment and Human Capital in Transition Economies
December 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
344. Olga Aslanidi
Determinants and Effectiveness of Foreign Exchange Interventions: New Evidence from Georgian Data
November 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
343. Jung Hun Cho
Self-Reputation and Perception of Reputation
November 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
Volume 17, Number 3, 2007
342. Michal Mravec
Understanding the Lack of Competition in Natural Gas Markets: The Impact of Storage Ownership and Upstream Competition
September 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
341. Lenka Drnakova
Determinants of Secondary School Choice in the Czech Republic
September 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
340. Juraj Stancik
Horizontal and Vertical FDI Spillovers: Recent Evidence from the Czech Republic
September 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
339. Magdalena Morgese Borys, Roman Horvath
The Effects of Monetary Policy in the Czech Republic: An Empirical Study
September 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
338. Vyacheslav Mikhed, Petr Zemcik
Testing for Bubbles in Housing Markets: A Panel Data Approach
October 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
337. Vyacheslav Mikhed, Petr Zemcik
Do House Prices Reflect Fundamentals? Aggregate and Panel Data Evidence
October 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
336. Eugen Kovac, Kresimir Zigic
International Competition in Vertically Differentiated Markets with Innovation and Imitation: Trade Policy versus Free Trade
August 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
335. Zuzana Fungacova
Can the Market Fix a Wrong Administrative Decision? Massive Delisting on the Prague Stock Exchange
August 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
334. Andreas Ortmann, Sasha Prokosheva, Ondrej Rydval, Ralph Hertwig
Valuing a Risky Prospect Less than Its Worst Outcome: Uncertainty Effect or Task Ambiguity?
July 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
333. Ashot Tsharakyan
Welfare Effects of Housing Price Appreciation in an Economy With Binding Credit Constraints
July 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
332. Levent Celik
Informative Advertising and Consumer Search in a Differentiated-Products Duopoly
July 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
331. Teodora Paligorova
Corporate Governance and Executive Pay: Evidence from a Recent Reform
July 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
Volume 17, Number 2, 2007
330. Jan Bena, Stepan Jurajda
Which Firms Benefit More from Financial Development?
June 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
329. Tomas Konecny
Can Immigrants Hurt Trade?
May 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
328. Silvester van Koten, Andreas Ortmann
The Unbundling Regime for Electricity Utilities in the EU: A Case of Legislative and Regulatory Capture?
May 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
327. Giovanna Devetag, Andreas Ortmann
Classic Coordination Failures Revisited: The Effects of Deviation Costs and Loss Avoidance
April 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
326. Sergey Slobodyan, Viatcheslav Vinogradov
The Demographic Challenge of the Interconnected Education and Pension System in the Czech Republic
April 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
325. Marian Krajc, Andreas Ortmann
Are the Unskilled Really That Unaware? An alternative explanation
April 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
324. Jakub Steiner, Colin Stewart
Learning by Similarity in Coordination Problems
April 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
Volume 17, Number 1, 2007
323. Magdalena Morgese Borys
Testing Multi-Factor Asset Pricing Models in the Visegrad Countries
March 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
322. Ian Babetskii, Nauro F. Campos
Does Reform Work? An Econometric Examination of the Reform-Growth Puzzle
March 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
321. Alexandr Cerny, Randall K. Filer
Natural Resources: Are They Really a Curse?
March 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
320. Katarina Svitkova
Prompted to Be Good: The Impact of Certification on the Quality of Charities
March 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
319. Kresimir Zigic
Government’s (In)ability to Precommit, and Strategic Trade Policy: The “Third Market” versus the “Home Market” Setup
March 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
318. Libor Dusek
Political Risk of Social Security: The Case of the Indexation of Benefits in the Czech Republic
March 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
317. Jan Bena, Stepan Jurajda
Financial Development and Growth in Direct Firm-Level Comparisons
March 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
316. Eugen Kovac, Viatcheslav Vinogradov, Kresimir Zigic
Persistence of Monopoly, Innovation, and R&D Spillovers: Static versus Dynamic Analysis
January 2007
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
315. Jiri Podpiera
The Role of Policy Rule Misspecification in Monetary Policy Inertia Debate
December 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
314. Junghun Cho
Multiple Advisors with Reputation
December 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
313. Silvester van Koten
Bidding Behavior when One Bidder and the Auctioneer Are Vertically Integrated
Implications for the Partial Deregulation of EU Electricity Markets
December 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
312. Katarina Svitkova
Corporate Philanthropy in the Czech and Slovak Republics
November 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
311. Jan Boone, Delia Ionascu, Kresimir Zigic
Trade Policy, Market Leaders and Endogenous Competition Intensity
October 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
310. Petra Brhlikova
Mixed Competition and Welfare under Various Nonprofit Objectives
Mixed Competition under Various Cost Configurations
October 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
309. Sergey Slobodyan, Anna Bogomolova, Dmitri Kolyuzhnov
Stochastic Gradient versus Recursive Least Squares Learning
October 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
308. Lubos Briatka
How Big is Big Enough? Justifying Results of the iid Test Based on the Correlation Integral in the Non-Normal World
September 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
307. Andreas Ortmann, Ralph Hertwig
Monetary Incentives: Usually Neither Necessary Nor Sufficient?
September 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
306. Karin Joeveer
Sources of Capital Structure: Evidence from Transition Countries
September 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
305. Peter Katuscak, Joel Slemrod
Trust and Trustworthiness in an Economy with Heterogeneous Individuals
September 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
304. Naomi E. Feldman, Peter Katuscak
Should the Average Tax Rate Be Marginalized?
September 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
303. Dmitry Ryvkin, Andreas Ortmann
Three Prominent Tournament Formats: Predictive Power and Costs
September 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
302. Giovanna Devetag, Andreas Ortmann
When and Why? A Critical Survey on Coordination Failure in the Laboratory
September 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
301. Elena Yusupova
Information Asymmetry, Share Mispricing and the Coordination Problem: Investor Portfolio Choice in Czech Voucher Privatization
July 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
300. Daniel Munich
Measuring Economics Research in the Czech Republic: A Comment
July 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
299. Petra Brhlikova, Andreas Ortmann
The Impact of the Non-distribution Constraint and Its Enforcement on Entrepreneurial Choice, Price, and Quality
July 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
298. Jan Bena
Choice of Corporate Risk Management Tools under Moral Hazard
May 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
297. Tigran Poghosyan, Evzen Kocenda
Foreign Exchange Risk Premium Determinants: Case of Armenia
May 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
296. Stepan Jurajda, Teodora Paligorova
Female Managers and Their Wages in Central Europe
April 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
295. Jakub Steiner
Coordination in a Mobile World
April 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
294. Peter Toth, Petr Zemcik
What Makes Firms in Emerging Markets Attractive to Foreign Investors? Micro-evidence from the Czech Republic
March 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
293. Sergey Slobodyan
One Sector Models, Indeterminacy, and Productive Public Spending
March 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
292. Umed Temurshoev
Pollution Haven Hypothesis or Factor Endowment Hypothesis: Theory and Empirical Examination for the US and China
March 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
291. Jan Bena, Jan Hanousek
Rent Extraction by Large Shareholders: Evidence Using Dividend Policy in the Czech Republic
February 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
290. Ondrej Knot, Ondrej Vychodil
Bankruptcy Regimes and Gambling on Resurrection
February 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
289. Lubomira Anastassova
Productivity Differences and Agglomeration Across Districts of Great Britain
February 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
288. Katarina Svitkova, Andreas Ortmann
Certification as a Viable Quality Assurance Mechanism: Theory and Suggestive Evidence
February 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
287. Byeongju Jeong
Proprietary Policy and Production
January 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
286. Frantisek Brazdik
Non-Parametric Analysis of Technical Efficiency: Factors Affecting Efficiency of West Java Rice Farms
January 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
285. Dmitri Kolyuzhnov, Anna Bogomolova, Sergey Slobodyan
Escape Dynamics: A Continuous—Time Approximation
January 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
284. Sergey Slobodyan
Indeterminacy and Stability in a Modified Romer Model: A General Case
January 2006
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
283. Karin Joeveer
What Do We Know about the Capital Structure of Small Firms?
December 2005
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
282. Stepan Jurajda, Daniel Munich
Admission to Selective Schools, Alphabetically
December 2005
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
281. Andrew Austin
Provincial Interests and Political Integration: Voting in the French Maastricht Referendum
November 2005
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
280. Jose Noguera, Rowena A. Pecchenino
Can a Cartel Fuel the Engine of Economic Development? OPEC and the macroeconomics of oil
August 2005
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
279. Evzen Kocenda, Ali M. Kutan, Taner M. Yigit
Pilgrims to the Eurozone: How Far, How Fast?
November 2005
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
278. Andrew Austin, Tatyana Kosyaeva, Nathaniel Wilcox
Believe but Verify? Russian Views and the Market
November 2005
(abstract in PDF,
non-technical summary in PDF,
text in PDF,
apendix in PDF)
277. Martin Fukac
Should Private Expectations Concern Central Bankers?
October 2005
(abstract in PDF,
non-technical summary in PDF,
text in PDF)
276. Eugen Kovac
Speculation and Survival in Financial Markets
September 2005
(abstract in PDF,
text in PDF)
275. Yan Chen, Peter Katuscak, Emre Ozdenoren
Why Can’t a Woman Bid More Like a Man?
September 2005
(abstract in PDF,
text in PDF)
274. Jakub Steiner
Coordination Cycles
September 2005
(abstract in PDF,
text in PDF)
273. Frantisek Brazdik, Viliam Druska
Too Large or Too Small? Returns to Scale in a Retail Network
September 2005
(abstract in PDF,
text in PDF)
272. Radim Bohacek, Michal Kejak
Optimal Government Policies
in Models with Heterogeneous Agents
September 2005
(abstract in PDF,
text in PDF)
271. Frantisek Brazdik
Oriented stochastic data envelopment models: Ranking comparison to stochastic frontier approach
August 2005
(abstract in PDF,
text in PDF)
269. Yan Chen, Peter Katuscak, Emre Ozdenoren
Sealed Bid Auctions with Ambiguity: An Experimental Study
August 2005
(abstract in PDF,
text in PDF)
268. Galina Vereshchagina
Between-Firm Redistribution of Profit in Competitive Industries: Why Labor Market Policies May Not Work
June 2005
(abstract in PDF,
text in PDF)
267. Ian Babetskii, Balazs Egert
Equilibrium Exchange Rate in the Czech Republic: How Good is the Czech BEER?
June 2005
(abstract in PDF,
text in PDF)
266. Eugen Kovac
Tying and entry deterrence in vertically differentiated markets
August 2005
(abstract in PDF,
text in PDF)
265. Anu Kovarikova Arro
Globalization, Increasing Returns in Component
Production, and the Pattern of Trade
June 2005
(abstract in PDF,
text in PDF)
264. Ondrej Rydval
Capital and Labor Effects in a Recall Task: More Evidence in Support of Camerer and Hogarth (1999)
June 2005
(abstract in PDF,
text in PDF)
263. Lubomira Anastassova, Teodora Paligorova
Why Immigrants Manage to Grab More SocialBenefits? Empirical Cross - Country Analysis
June 2005
(abstract in PDF,
text in PDF)
262. Teodora Paligorova
Czech Managerial Compensations: Why Does It Pay Off to Climb the Corporate Ladder?
June 2005
(abstract in PDF,
text in PDF)
261. Ainura Uzagalieva
Finding Optimal Measures of Core Inflation in the Kyrgyz Republic
May 2005
(abstract in PDF,
text in PDF)
260. Libor Dusek
Crime, Deterrence, and Democracy
September 2005
(abstract in PDF,
text in PDF)
259. Jan Hanousek, Evzen Kocenda, Jan Svejnar
Origin and Concentration: Corporate Ownership, Control and Performance
May 2005
(abstract in PDF,
text in PDF)
258. Radim Bohacek, Michal Kejak
Projection Methods for Economies with Heterogeneous Agents
May 2005
(abstract in PDF,
text in PDF)
257. Elena Kazakova
Wages in a Growing Russia: When is a Ten Percent Rise in the Gender Pay Gap Good News?
May 2005
(abstract in PDF,
text in PDF)
256. Zuzana Fungacova
Building a Castle on Sand: Effects of Mass Privatization on Capital Market Creation in Transition Economies
April 2005
(abstract in PDF,
text in PDF)
255. Byeongju Jeong
Optimal Severance Payment: Theory and Practice
April 2005
(abstract in PDF,
text in PDF)
254. Ainura Uzagalieva
Fiscal Consequences of Monetary Integration within the Common Economic Area:
the Case of Belarus, Kazakhstan and Russia
April 2005
(abstract in PDF,
text in PDF)
253. Martin Fukac
Inflation Expectations in the Czech Interbank Market
March 2005
(abstract in PDF,
text in PDF)
252. Dmitry Ryvkin
The Predictive Power of Noisy Elimination Tournaments
March 2005
(abstract in PDF,
text in PDF)
251. Andrew Austin
City and Suburban Competition
February 2005
(abstract in PDF,
text in PDF)
250. Alexander Klein
All in the Family: A Dynasty Approach to Household Migration Evidence from the 19th Century Austro-Hungarian Empire
March 2005
(abstract in PDF,
text in PDF)
249. Delia Ionaşcu, Kresimir Zigic
Strategic Tariff Protection, Market Conduct, and Government Commitment
Levels in Developing Economies
January 2005
(abstract in PDF,
text in PDF)
248. Byeongju Jeong, Michal Kejak, Viatcheslav Vinogradov
Changing Composition of Human Capital:
The Czech Republic, Hungary, and Poland
January 2005
(abstract in PDF,
text in PDF)
247. Jan Hanousek, Evzen Kocenda
Learning by Bidding: Evidence from a Large-Scale Natural Experiment
January 2005
(abstract in PDF,
text in PDF)
246. Jakub Steiner
A Trace of Anger is Enough: On the Enforcement of Social Norms
January 2005
(abstract in PDF,
text in PDF)
245. Ondrej Rydval, Andreas Ortmann
Loss Avoidance as Selection Principle: Evidence from Simple Stag-Hunt Games
December 2004
(abstract in PDF,
text in PDF)
244. Radim Bohacek, Hugo Rodriguez Mendizabal
Credit Markets and the Propagation of Monetary Policy Shocks
December 2004
(abstract in PDF,
text in PDF)
243. Jose Noguera
The Transmission Mechanism to Barter
December 2004
(abstract in PDF,
text in PDF)
242. Alexandr Cerny
Stock Market Integration and the Speed of Information Transmission
November 2004
(abstract in PDF,
text in PDF)
241. Michal Ostatnicky
Coase’s conjecture in finite horizon
November 2004
(abstract in PDF,
text in PDF)
240. Petra Brhlikova
Models of competition between one for-profit and one nonprofit firm
October 2004
(abstract in PDF,
text in PDF)
239. Jose Noguera
Is Barter a Hobson’s Choice? A theory of barter and credit rationing
September 2004
(abstract in PDF,
text in PDF)
238. Andrew Austin, Nathaniel T. Wilcox
Believing in Economic Theory: Sex, Lies, Evidence, Trust and Ideology
September 2004
(abstract in PDF,
text in PDF)
237. Martin Vojtek
Calibration of Interest Rate Models - Transition Market Case
September 2004
(abstract in PDF,
text in PDF)
236. Dmitry Ryvkin, Andreas Ortmann
The Predictive Power of Noisy Round-Robin Tournaments
September 2004
(abstract in PDF,
text in PDF)
235. Evzen Kocenda, Lubos Briatka
Advancing the iid Test Based on Integration across the Correlation Integral: Ranges, Competition, and Power
September 2004
(abstract in PDF,
text in PDF)
234. Andrei Medvedev
Efficiency Defense and Administrative Fuzziness in Merger Regulation
September 2004
(abstract in PDF,
text in PDF)
233. Dirk Engelmann, Martin Strobel
The False Consensus Effect: Deconstruction and Reconstruction of an Anomaly
August 2004
(abstract in PDF,
text in PDF)
232. Michael Kunin
Sequencing of Club Enlargement: "big bang", "gradualism," and internal reform
August 2004
(abstract in PDF,
text in PDF)
231. Michael Kunin
Why do Software Manufacturers Tolerate Piracy in Transition and Less Developed Countries? A theoretical model
August 2004
(abstract in PDF,
text in PDF)
230. Michael Kunin, Kresimir Zigic
Strategic Trade Policy and Vertical Product Differentiation: intra-industry trade between developed and developing countries
August 2004
(abstract in PDF,
text in PDF)
229. Andrei Medvedev
Structural remedies in merger regulation in a Cournot framework
August 2004
(abstract in PDF,
text in PDF)
228. Jan Bruha, Delia Ionascu, Byeongju Jeong
Organized Labor and Restructuring Coal Mines in the Czech Republic and Romania
October 2004
(abstract in PDF,
text in PDF)
227. Pavlo Blavatskyy
Back to the St. Petersburg Paradox?
July 2004
(abstract in PDF,
text in PDF)
226. Pavlo Blavatskyy
Axiomatization of a Preference for Most Probably
Winner
July 2004
(abstract in PDF,
text in PDF)
225. Eugen Kovac
Tying by a Non-monopolist
June 2004
(abstract,
text in PDF)
224. Karin Joeveer
Does bank failure affect client firms? Micro evidence from Estonia
May 2004
(abstract,
text in PDF)
223. Scott Gilbert and Petr Zemcik
Who's Afraid of Reduced-Rank Parameterizations of Multivariate
Models? Theory and Example
May 2004
(abstract,
text in PDF)
222. Jan Hanousek, Dana Hajkova, Randall K. Filer
The Mirage of Convergence: Why Poor Countries May Only Seem to Be Closing the Income Gap
October 2004
(abstract in PDF,
text in PDF)
221. Ondrej Rydval and Andreas Ortmann
How financial incentives and cognitive abilities affect task performance in laboratory settings: an illustration
February 2004
(abstract,
text in PDF)
220. Michal Kejak and David Vavra
Factor Accumulation Story: Any Unfinished Business?
February 2004
(abstract,
text in PDF)
219. Michal Kejak, Stephan Seiter and David Vavra
Accession Trajectories and Convergence: Endogenous Growth Perspective
February 2004
(abstract,
text in PDF)
218. Pavlo Blavatsky
Note on "Small Feedback-based Decisions and Their Limited
Correspondence to Description-based Decisions"
October 2003
(abstract,
text in PDF)
217. Vitezslav Babicky
Fairness Under Risk: Insights from Dictator Games
September 2003
(abstract,
text in PDF)
216. Polona Domadenik, Lubomir Lizal and Marko Pahor
Effect of Enterpise Break-Ups on Performance: Case of Former Yugoslav Republic of Macedonia
August 2003
(abstract,
text in PDF)
215. Dirk Engelmann and Urs Fischbacher
Indirect Reciprocity and Strategic Reputation Building in an Experimental Helping Game
July 2003
(abstract,
text in PDF)
214. Jiri Podpiera
Does CPI Approximate Cost-of-Living?: Evidence from the Czech Republic
July 2003
(abstract,
text in PDF)
213. Stepan Jurajda
Does the Short Supply of College Education Bite?
July 2003
(abstract,
text in PDF)
212. Dirk Engelmann and Hans-Theo Normann
An Experimental Test of Strategic Trade Policy
June 2003
(abstract,
text in PDF)
211. Dirk Engelmann
Risk Aversion Pays in the Class of 2 x 2 Games with No Pure Equilibrium
June 2003
(abstract,
text in PDF)
210. Dirk Engelmann and Veronika Grimm
Bidding Behavior in Multi-Unit Auctions - An Experimental Investigation and some Theoretical Insights
June 2003
(abstract,
text in PDF)
209. Evzen Kocenda and Jan Svejnar
Ownership and Firm Performance after Large-Scale Privatization
May 2003
(abstract,
text in PDF)
208. Andreas Ortmann, Sergey Slobodyan and Samuel S. Nordberg
(The Evolution of) Post-Secondary Education: A Computational Model and Experiments
April 2003
(abstract, text in PDF)
207. Jose Noguera and Susan Linz
A Theoretical Model of Barter in Russia
March 2003
(abstract,
text in PDF)
206. Jan Babetski, Laurence Boone and Mathilde Maurel
Exchange Rate Regimes and Supply Shocks Asymmetry: the Case of the Accession Countries
January 2003
(abstract,
text in PDF)
205. Sergey Slobodyan
Indeterminacy and Stability in a Modified Romer Model
December 2002
(abstract,
text in PDF)
204. Sergey Slobodyan
Welfare Implications of Sunspot Fluctuations
December 2002
(abstract,
text in PDF)
203. Dietrich Earnhart and Lubomir Lizal
Effects of Ownership and Financial Status on Corporate Environmental Performance
December 2002
(abstract,
text in PDF)
202. Stepan Jurajda and Heike Harmgart
When Are ‘Female’ Occupations Paying More?
December 2003
(abstract,
text in PDF)
201. Stepan Jurajda and Katherine Terrell
Job Growth in Early Transition: Comparing Two Paths
November 2002
(abstract,
text in PDF)
200. Martin Cincibuch
Distributions Implied by Exchange Traded Options: A Ghost’s Smile?
October 2002
(abstract,
text in PDF)
199. David Vavra
Strategic Interactions, Social Optimality and Growth
July 2002
(abstract, text in PDF)
198. Radim Bohacek
Financial Intermediation and Entrepreneurial Activity
April 2002
(abstract in PDF,
text in PDF)
197. Juraj Valachy
Price Setting in Transition: The Effect of Takeover on a Petroleum Firm
March 2002
(abstract, text in PDF)
196. Andreas Ortmann
Bertrand Price Undercutting: A Brief Classroom Demonstration
February 2002
(abstract, text in PDF)
195. Tomas Kadlec
Optimal Timing of TV Commercials: Symmetrical Model
January 2002
(abstract, text in PDF)
194. Andrew Austin and Nathaniel T. Wilcox
What Students Expect and What They See: Ideology, Identity and the Double Auction Classroom Experiment
January 2002
(abstract, text in PDF,
appendix)
193. Radim Bohacek
A Market-Clearing Classroom Experiment
January 2002
(abstract, text in PDF)
192. Jan Hanousek and Gerard Roland
Banking Passivity and Regulatory Failure in Emerging Markets: Theory and Evidence from the Czech Republic
November 2001
(abstract, text in PDF)
191. Andreas Ortmann and Ralph Hertwig
The Costs of Deception: Evidence From Psychology
December 2001
(abstract, text in PDF)
190. Kamil Galuscak
Retirement Decisions of Older Czech Male Workers
November 2001
(abstract, text in PDF)
189. Pavel Cizek
Robust Estimation in Nonlinear Regression and Limited Dependent Variable Models
December 2001
(abstract, text in PDF)
188. Evzen Kocenda
Development of Ownership Structure and its Effect on Performance: Czech Firms from Mass Privatization
November 2001
(abstract, text in PDF)
187. Radim Bohacek
The Efficiency-Equality Tradeoff in Welfare State Economies
December 2001
(abstract, text in PDF)
186. Jan Hanousek and Randall K. Filer
Evaluating Imperfections and Biases in Price Indexes during Transition
September 2001
(abstract, text in PDF)
185. Stepan Jurajda and Janet Mitchell
Markets and Growth
September 2001
(abstract, text in PDF)
184. Jan Hanousek and Randall K. Filer
Consumers' Opinion of Inflation Bias Due to Quality Improvements in Transition in the Czech Republic
August 2001
(abstract, text in PDF)
183. Pavel Cizek
Robust Estimation with Discrete Explanatory Variables
November 2001
(abstract, text in PDF)
182. Stepan Jurajda
Gender Wage Gap and Segregation in Late Transition
July 2001
(abstract, text in PDF)
180. Jose Noguera
Inflation and Capital Structure
July 2001
(abstract, text in PDF)
179. Jose Noguera
Multiple Markets and Spatial Agglomeration in a One Shopping Trip Model
July 2001
(abstract, text in PDF)
178. Randall K. Filer and Jan Hanousek
Survey-based Estimates of Biases in Consumer Price Indices During Transition: Evidence from Romania
May 2001
(abstract, text in PDF)
177. Kresimir Zigic
Strategic Trade Policy, the "Committed" versus "Non-Committed" Government, and R&D Spillovers
July 2001
(abstract, text in PDF)
176. Inna Cabelkova
Perceptions of Corruption in Ukraine: Are They Correct?
May 2001
(abstract , text in PDF)
175. Sergey Slobodyan
Sunspot Fluctuations: A Way Out of the Development Trap?
May 2001
(abstract, text in PDF)
174. Delia Ionascu and Kresimir Zigic
Strategic Trade Policy and Mode of Competition: Symmetric versus Asymmetric Information
May 2001
(abstract, text in PDF)
173. Richard Podpiera
International Cross-Listing: The Effects of Market Fragmentation and Information Flows
April 2001
(abstract, text in PDF)
172. Inna Cabelkova
Entry Restrictions, Corruption and Extortion in the Context of Transition
April 2001
(abstract, text in PDF)
171. Lubomír Lizal and Evzen Kocenda
The Paradox of Czech Crusaders: Will They Ever Learn the Corruption Lesson?
(Corruption and Anticorruption in the Czech Republic)
April 2001
(abstract, text in PDF)
170. Stepan Jurajda and Katherine Terrell
What Drives the Speed of Job Reallocation during Episodes of Massive Adjustment?
December 2001
(abstract, text in PDF)
169. Jose Noguera
The Appearance of Carriers and the Origins of Money
January 2001, updated version July 2001
(abstract, text in PDF)
168. Jan Hanousek and Richard Podpiera
How Important Is Informed Trading for the Bid-Ask Spread? Evidence from an Emerging Market
December 2000
(abstract, text in PDF)
167. Randall K. Filer and Jan Hanousek
Output Changes and
Inflationary Bias in Transition
December 2000
(abstract, text in PDF)
166. Jan Hanousek and Randall K. Filer
Lange and Hayek Revisited:
Lessons from Czech Voucher Privatization
December 2000
(abstract, text in PDF)
165. Radim Bohacek
Capital Accumulation in an Economy with Heterogeneous Agents and Moral Hazard
December 2000
(abstract, text in PDF)
164. Jaromir Antoch and Jan Hanousek
Model Selection and
Simplification Using Lattices
November 2000
(abstract, text in PDF)
163. Yuko Kinoshita
R&D and technology spillovers via FDI:
Innovation and absorptive capacity
November 2000
(abstract, text in PDF)
162. Jose Noguera
Barter Economies and Centralized
Merchants
October 2000
(abstract, text in PDF)
161. Kamil Galuscak
Acturial Adjustment Aspects of Public Pension
Schemes
October 2000
(abstract, text in PDF)
160. Randall K. Filer and Daniel Münich
Responses of Private and
Public Schools to Voucher Funding:The Czech and Hungarian Experience
October
2000
(abstract, text in PDF)
159. Byeongju Jeong
Bad Policies Under an Autocrat's
Production
October 2000
(abstract, text in PDF)
158. Frank Barry, John Bradley, Michal Kejak and David Vavra
The
Czech Economic Transition: Exploring Options Using a Macrosectoral
Model
October 2000
(abstract
, text in PDF)
157. Thorvaldur Gylfason
Resources, Agriculture, and Economic
Growth in Economies in Transition
July 2000
(abstract, text in PDF)
156. Richard Podpiera
Efficiency of Financial Markets in Transition:
The Case of Macroeconomic Releases
July 2000
(abstract, text in PDF)
155. Michal Kejak
Minimum Weighted Residual Methods in Endogeneous
Growth Models
May 2000
(abstract, text in PDF)
154. Max Gillman, Michal Kejak, and Akos Valentinyi
Inflation, Growth, and
Credit Services
April 2000
(abstract, text in PDF)
153. Lubomir Lizal, and Jan Svejnar
Financial Conditions and
Investment during the Transition: Evidence from Czech Firms
March 2000
(abstract, text in PDF)
152. Jeong, B.
Why Are There Mobility Restrictions?
September
1999
(abstract, text in PDF)
151. Filer, R.K., Hanousek, J., Campos, N.
Do Stock Markets Promote
Economic Growth?
October 1999
(abstract, text in PDF)
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