Working Papers
From 2021, CERGE-EI Working Papers are published only in an online version on our web page, and are also accessible via RePEc. Before publication, Working Papers undergo a full-fledged refereeing process and are also edited by the Academic Skills Center. For potential submissions, please contact the editor at
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2026
813. Van Le Thy Ha. January 16, 2026. “The Long-Term Impacts of Bombing Vietnam on Occupations Over Cohorts” (Full Text)
812. Sinani Sofiana. January 16, 2026. “The Effect of Longer Maternal Care on Children’s Occupation Choices” (Full Text)
811. Keskin Cagin. January 14, 2026. “Firm Scope and Innovation: The Role of Intangibles” (Full Text)
2025
810. Badalyan Sona. December 29, 2025. “Crowded Career Ladders? Intra-Firm Spillovers of Raised Retirement Age” (Full Text)
809. Lorko Matej, Maroš Servátka and Robert Slonim. December 15, 2025. “Registering to Donate” (Full Text)
808. Adam Salamatu Nanna. December 15, 2025. “Health Risk Information, Social Stigma and Demand for Condoms: Experimental Evidence from Ghana” (Full Text)
807. Ottinger Sebastian and Elizaveta Zelnitskaia. December 3, 2025. “Post(-Mongol) Roads to Path Dependence” (Full Text)
806. Qi Riga. December 2, 2025. “Destroy and Build? Economic Effects of Centres de Regroupement in the Algerian War” (Full Text)
805. Adam Salamatu Nanna. December 1, 2025. “Statistics and Stories: Experimental Evidence on HIV Testing in Ghana” (Full Text)
804. Baisalova Aisha. November 13, 2025. “How State Borders Shape the Impact of Cigarette Taxes on Prices” (Full Text)
803. Baisalova Aisha. November 13, 2025. “Spatial Heterogeneity in Tax Sensitivity: Evidence from Cross-State Cigarette Purchases” (Full Text)
802. Azinovic-Yang Marlon and Jan Žemlička. October 3, 2025. “Deep Learning in the Sequence Space” (Full Text)
801. Ettmeier Stephanie, Alexander Kriwoluzky, Moritz Schularick and Lucas ter Steege. October 2, 2025. “Fatal Austerity” (Full Text)
800. Badalyan Sona. September 5, 2025. “Peer Effects in Old-Age Employment Among Women” (Full Text)
799. Van Koten Silvester. July 30, 2025. “The EU ETS is unprepared for 2040 and beyond” (Full Text)
798. Katuščák Peter and Tomáš Miklánek. June 26, 2025. “De-biasing the Measurement of Conditional Cooperation” (Full Text)
797. Audzei Volha and Sergey Slobodyan. June 3, 2025. “Dynamic Sparse Adaptive Learning” (Full Text)
796. Ochsner Christian and Lukas Schmid. June 3, 2025. “Pandemics’ backlash: The effects of the 1918 influenza on health attitudes and behavior” (Full Text)
795. Bičáková Alena, Guido Matias Cortes, Kelly Foley, Jacopo Mazza and Peter McHenry. May 29, 2025. “Unpacking the Countercyclicality of Post-Secondary Enrollment in the United States” (Full Text)
794. Badalyan Sona. May 26, 2025. “Retirement Age Reforms and Worker Substitutability: Implications for Employment of Older Workers” (Full Text)
793. Stojanović Danilo and Veljko Bojović. May 21, 2025. “Firm-level Uncertainty and Frictions: Implications for Capital and Financial Decisions in the US” (Full Text)
2024
792. Audzei Volha and Sergey Slobodyan. October 2024. “Dynamic Sparse Restricted Perceptions Equilibria” (Full Text)
791. Mutluer Konuray. October 2024. “Leading by Example Among Equals” (Full Text)
790. Linek Lukáš, Michael Škvrňák, Michal Šoltés and Vítězslav Titl. October 2024. “Czech Political Candidate and Donation Datasets” (Full Text)
789. Bauer Michal, Julie Chytilová and Eric Ochieng. September 2024. “Preference Transmission within Churches: Religious Leaders and Clusters of (In)Tolerance” (Full Text)
788. Pavlova Margarita. August 2024. “Competition and the Gender Pay Gap: Evidence from the Russian Trade Withdrawal” (Full Text)
787. Gharibyan Sinara. August 2024. “Collective vs. Family Remembrance: Evidence From Two Russian Betrayals” (Full Text)
786. Trestcov Ivan and Aizhamal Rakhmetova. August 2024. “Winning Culture, Winning Future: The Effects of Early-Career Success on Long-Run Performance” (Full Text)
785. Ashenfelter Orley and Štěpán Jurajda. July 2024. “The U.S. Low-Wage Structure: A McWage Comparison” (Full Text)
784. Ivanov-Davtyan Lusine. July 2024. “Education Under Attack? The Impact of a Localized War on Schooling Achievements” (Full Text)
783. Del Prato Francesco and Paolo Zacchia. June 2024. “The Heterogeneous Consequences of Reduced Labor Costs on Firm Productivity” (Full Text)
782. Shcherbov Arsenii. June 2024. “Forced Migration and Crime: Evidence from the 2014 Immigration Wave to Russia” (Full Text)
781. Rychalovska Yuliya, Sergey Slobodyan and Raf Wouters. May 2024. “Survey Expectations, Adaptive Learning and Inflation Dynamics” (Full Text)
780. Cota Marta and Ante Šterc. May 2024. “Financial Skills and Search in the Mortgage Market” (Full Text)
779. Chen Daniel L., Lubomír Cingl, Arnaud Philippe and Michal Šoltés. April 2024. “Exploring Inmates’ Perceptions, Attitudes, and Behavior: Implications for Theories of Crime” (Full Text)
778. Bičáková Alena and Štěpán Jurajda. March 2024. “COVID-19 and Political Preferences Through Stages of the Pandemic: The Case of the Czech Republic” (Full Text)
777. Lorko Matej, Tomáš Miklánek and Maroš Servátka. March 2024. “Why do some nudges work and others not?” (Full Text)
776. Kashkarov Daniil and Valentin Artemev. March 2024. “Disappearing Stepping Stones: Technological Change and Career Paths” (Full Text)
775. Alfaro-Ureña Alonso and Paolo Zacchia. March 2024. “Matching to Suppliers in the Production Network: an Empirical Framework” (Full Text)
774. Ottinger Sebastian and Lukas Rosenberger. February 2024. “The American Origin of the French Revolution” (Full Text)
773. Senkov Maxim and Toygar T. Kerman. February 2024. “Changing Simplistic Worldviews” (Full Text)
772. Kerman Toygar T. and Anastas P. Tenev. February 2024. “Pitfalls of Information Spillovers in Persuasion” (Full Text)
2023
771. Tokhirov Azizbek. December 2023. “Patience and Giving: Global Evidence Based on Longitudinal and Linguistic Data” (Full Text)
770. Pertold Filip, Sofiana Sinani and Michal Šoltés. November 2023. “Gender Gap in Reported Childcare Preferences among Parents” (Full Text)
769. Razumovskii Artem. November 2023. “Interim Deadline for Procrastinators” (Full Text)
768. Ochsner Christian. November 2023. “Hostility, Population Sorting, and Backwardness: Quasi-Experimental Evidence from the Red Army after WWII” (Full Text)
767. Alfonsi Livia, Michal Bauer, Julie Chytilová and Edward Miguel. November 2023. “Human Capital Affects Religious Identity: Causal Evidence from Kenya” (Full Text)
766. Rychalovska Yuliya, Sergey Slobodyan and Rafael Wouters. October 2023. “Professional Survey Forecasts and
Expectations in DSGE Models” (Full Text)
765. Maksymovych Sergii. October 2023. “The Impact of the Firstborn Gender on Family Formation and Dissolution: Evidence from Russia” (Full Text)
764. Rakhmetova Aizhamal and Ivan Trestcov. September 2023. “Weather Shocks and Bride Kidnapping in Kyrgyzstan” (Full Text)
763. Chegere Martin, Paolo Falco and Andreas Menzel. September 2023. “Social Ties at Work and Effort Choice: Experimental Evidence from Tanzania” (Full Text)
762. Baghumyan Gayane. August 2023. “Sexual-Orientation Discrimination and Biological Attributions: Experimental Evidence from Russia” (Full Text) (Additional Materials)
761. Martirosyan Yervand. August 2023. “The Long-Term Impact of Energy Poverty and Its Mitigation on Educational Attainment: Evidence From China” (Full Text)
760. Stojanovic Dušan. August 2023. “Quantitative Easing in the Euro Area: Implications for Income and Wealth Inequality” (Full Text)
759. Skolkova Alena. July 2023. “Instrumental Variable Estimation with Many Instruments Using Elastic-Net IV” (Full Text)
758. Skolkova Alena. July 2023. “Model Averaging with Ridge Regularization” (Full Text)
757. De Jaegher Kris, Michal Šoltés and Vítězslav Titl. July 2023. “Easing Renegotiation Rules in Public Procurement: Evidence from a Policy Reform” (Full Text)
756. Mamonov Mikhail and Anna Pestova. June 2023. “The Price of War: Macroeconomic and Cross-Sectional Effects of Sanctions on Russia” (Full Text)
755. Mamonov Mikhail. June 2023. “Measuring Fraud in Banking and its Impact on the Economy: A Quasi-Natural Experiment” (Full Text)
754. Goncharenko Roman, Mikhail Mamonov, Steven Ongena, Svetlana Popova and Natalia Turdyeva. June 2023. “Quo Vadis? Evidence on New Firm-Bank Matching and Firm Performance Following “Sin” Bank Closures” (Full Text)
753. Mamonov Mikhail, Anna Pestova and Steven Ongena. May 2023. ““Crime and Punishment”? How Banks Anticipate and Propagate Global Financial Sanctions” (Full Text)
752. Malnati Flavio. May 2023. “Deus Vult! Military Capacity and Economic Development in the Teutonic-Order State” (Full Text)
751. Cota Marta. April 2023. “Extrapolative Income Expectations and Retirement Savings” (Full Text)
750. Miotto Martina. April 2023. “Colonialism, Cash Crops and Women in Africa” (Full Text)
749. Coluccia Davide M., Gaia Dossi and Sebastian Ottinger. March 2023. “Racial Discrimination and Lost Innovation: Evidence from US Inventors, 1895–1925” (Full Text)
748. Stojanović Dušan. March 2023. “The Effects of Government Spending in Segmented Labor and Financial Markets” (Full Text)
747. Kouro Theodor. March 2023. “Allocation Choice in Charitable Giving: A Natural Field Experiment” (Full Text)
746. Beneš Jaromír, Tomáš Motl and David Vávra. March 2023. “Practical Macrofinancial Stability Analysis: A Prototype Semistructural Model” (Full Text)
745. Afunts Geghetsik, Misina Cato and Tobias Schmidt. February 2023. “Inflation Expectations in the Wake of the War in Ukraine” (Full Text)
744. Grossmann Jakub and Štěpán Jurajda. February 2023. “Voting under Debtor Distress” (Full Text)
743. Badalyan Sona, Darya Korlyakova and Rastislav Rehák. February 2023. “Disclosure Discrimination: An Experiment Focusing on Communication in the Hiring Process” (Full Text)
742. Grossmann Jakub, Filip Pertold and Michal Šoltés. February 2023. “Parental Allowance Increase and Labour Supply: Evidence from a Czech Reform” (Full Text)
2022
741. Chen Ying and Jan Zápal. November 2022. “Naked Exclusion with Heterogeneous Buyers” (Full Text)
740. Afunts Geghetsik and Štěpán Jurajda. November 2022. “Who Divorces Whom: Unilateral Divorce Legislation and the Educational Structure of Marriage” (Full Text)
739. Rehák Rastislav. November 2022. “Sequential Sampling Beyond Decisions? A Normative Model of Decision Confidence” (Full Text)
738. Boadu-Sebbe Gregory. October 2022. “Effect of Exchange-Traded Funds Arbitrage Transactions on their Underlying Holdings” (Full Text)
737. Šustek Roman. October 2022. “A Back-of-the-Envelope Analysis of House Prices: Czech Republic, 2013-2021” (Full Text)
736. Ilinov Pavel, Andrei Matveenko, Maxim Senkov and Egor Starkov. September 2022. “Optimally Biased Expertise” (Full Text)
735. Kosar Mariia and Sergei Mikhalishchev. September 2022. “Inattentive Price Discovery in ETFs” (Full Text)
734. Senkov Maxim. August 2022. “Setting Interim Deadlines to Persuade” (Full Text)
733. Trestcov Ivan. August 2022. “Compliance Behavior under Surveillance: Introduction of the Video Assistant Referee to European Football” (Full Text)
732. Bičáková Alena and Klára Kalíšková. August 2022. “Is Longer Maternal Care Always Beneficial? The Impact of a Four-year Paid Parental Leave” (Full Text)
731. Korlyakova Darya. July 2022. “Do Pessimistic Expectations About Discrimination Make Minorities Withdraw Their Effort? Causal Evidence” (Full Text)
730. Bianchi Daniele, Mykola Babiak and Alexander Dickerson. June 2022. “Trading Volume and Liquidity Provision in Cryptocurrency Markets” (Full Text)
729. Šterc Ante. June 2022. “Limited Consideration in the Investment Fund Choice” (Full Text)
728. Hrehová Kristína and Štefan Domonkos. June 2022. “Proximity to Help Matters: The Effect of Access to Centers of Legal Aid on Bankruptcy Rates” (Full Text)
727. Stojanović Danilo. May 2022. “The 2003 Tax Reform and Corporate Payout Policy in the US” (Full Text)
726. Baisalova Aisha. July 2022. “Exploring Border Effects: Sensitivity of Cigarette Consumption to Excise Tax” (Full Text)
725. Cingl Lubomír, Tomáš Lichard and Tomáš Miklánek. March 2022. “Mist Over a Meadow: Tax Designation Effects on Compliance” (Full Text)
724. Rakhmetova Aizhamal, Roman Hoffmann and Mariola Pytliková. March 2022. “Access to Financial Resources and Environmental Migration of the Poor” (Full Text)
723. Sargsyan Ella. March 2022. “Violent Conflicts and Child Gender Preferences of Parents: Evidence from Nigeria” (Full Text)
722. Travova Ekaterina. March 2022. “For God, Tsar and Fatherland? The Political Influence of Church” (Full Text)
721. Kashkarov Daniil. March 2022. “RBTC and Human Capital: Accounting for Individual-Level Responses” (Full Text)
720. Bělín Matěj, Tomáš Jelínek and Štěpán Jurajda. March 2022. “Social Networks and Surviving the Holocaust” (Full Text)
719. Ilinov Pavel and Ole Jann. February 2022. “An Equivalence Between Rational Inattention Problems and Complete-Information Conformity Games” (Full Text)
718. Šoltés Michal. January 2022. “Consequences of Inconvenient Information: Evidence from Sentencing Disparities” (Full Text)
717. Kudashvili Nikoloz and Gega Todua. January 2022. “Information, Perceived Returns and College Major Choices” (Full Text)
2021
716. Kapanadze Ketevani. December 2021. “Checkmate! Losing with Borders, Winning with Centers. The Case of European Integration” (Abstract) (Full Text)
715. Drápal Jakub and Michal Šoltés. December 2021. “Sentencing Decisions Around Quantity Thresholds: Theory and Experiment” (Abstract) (Full Text)
714. Mikula Štěpán and Mariola Pytliková. November 2021. “Air Pollution and Migration: Exploiting a Natural Experiment from the Czech Republic” (Abstract) (Full Text)
713. Pyrlik Vladimir, Pavel Elizarov and Aleksandra Leonova. November 2021. “Forecasting Realized Volatility Using Machine Learning and Mixed-Frequency Data (the Case of the Russian Stock Market” (Abstract) (Full Text) (Additional Materials)
712. Staněk Filip. November 2021. “Optimal Out-of-Sample Forecast Evaluation under Stationarity” (Abstract) (Full Text)
711. Nazafat Mahdi and Ctirad Slavík. November 2021. “Asset Prices and Business Cycles with Liquidity Shocks” (Abstract) (Full Text) (Additional Materials)
710. Bianchi Daniele and Mykola Babiak. November 2021. “A Factor Model for Cryptocurrency Returns” (Abstract) (Full Text)
709. Federičová Miroslava. November 2021. “The Outflow of High-ability Students from Regular Schools and Its Long-term Impact on Those Left Behind” (Abstract) (Full Text)
708. Rehák Rastislav and Maxim Senkov. October 2021. “Form of Preference Misalignment Linked to State-pooling Structure in Bayesian Persuasion” (Abstract) (Full Text)
707. Srhoj Stjepan and Melko Dragojević. October 2021. “Public Procurement and Supplier Job Creation: Insights from Auctions” (Abstract) (Full Text) (Additional Materials)
706. Bičáková Alena and Klára Kalíšková. September 2021. “Career-breaks and Maternal Employment in CEE Countries” (Abstract) (Full Text)
705. Kapička Marek and Ctirad Slavík. September 2021. “Organization of Knowledge and Taxation” (Abstract) (Full Text)
704. Mamonov Mikhail and Anna Pestova. September 2021. “'Sorry, You're Blocked.' Economic Effects of Financial Sanctions on the Russian Economy” (Abstract) (Full Text) (Additional Materials)
703. Kyrychenko Olexiy. September 2021. “Environmental Regulations, Air Pollution, and Infant Mortality in India: A Reexamination” (Abstract) (Full Text)
702. Kyrychenko Olexiy. September 2021. “The Impact of the Crisis-induced Reduction in Air Pollution on Infant Mortality in India: A Policy Perspective” (Abstract) (Full Text)
701. Kúnin Michael and Krešimir Žigić. August 2021. “A Note on Jain´s Digital Piracy Model: Horizontal vs Vertical Product Differentiation” (Abstract) (Full Text)
700. Srhoj Stjepan, Dejan Kovač, Jacob N. Shapiro, and Randall K. Filer. August 2021. “The Impact of Delay: Evidence from Formal Out-of-Court Restructuring” (Abstract) (Full Text) (Additional Materials)
699. Anatolyev Stanislav and Vladimir Pyrlik. August 2021. “Shrinkage for Gaussian and t Copulas in Ultra-High Dimensions” (Abstract) (Full Text) (Additional Materials)
698. Bičáková Alena, Guido Matias Cortes, and Jacopo Mazza. August 2021. “Make Your Own Luck: The Wage Gains from Starting College in a Bad Economy” (Abstract) (Full Text)
697. Bauer, Michal, Jana Cahlíková, Julie Chytilová, Gérard Roland, and Tomáš Želinský. July 2021. “Shifting Punishment on Minorities: Experimental Evidence of Scapegoating” (Abstract) (Full Text)
696. Adunts, Davit. July 2021. “Paternal Circular Migration and Development of Socio-Emotional Skills of Children Left Behind” (Abstract) (Full Text)
695. Kurylo, Bohdana. July 2021. “The Impact of Same-Race Teachers on Student Behavioral Outcomes” (Abstract) (Full Text)
694. Hrehová, Kristína, Erika Sandow, and Urban Lindgren. July 2021. “Firm Relocations, Commuting and Relationship Stability” (Abstract) (Full Text)
693. Kocourek, Pavel. July 2021. “Revealing Private Information in a Patent Race” (Abstract) (Full Text)
692. Chen, Ying and Jan Zápal. May 2021. “Sequential Vote Buying” (Abstract) (Full Text)
691. Mamonov, Mikhail and Anna Pestova. April 2021. “Credit Supply Shocks and Household Defaults” (Abstract) (Full Text) (Additional Materials)
690. Grossmann, Jakub. March 2021. “Sick Pay and Absence from Work: Evidence from Flu Exposure” (Abstract) (Full Text)
689. Korlyakova, Darya. March 2021. “Learning about Ethnic Discrimination from Different Information Sources” (Abstract) (Full Text) (Additional Materials)
688. Bělín, Matěj. March 2021. “Does Robots´Reach Exceed Their Grasp? Differential Impacts of Robot Adoption and Spillover Effects on Workers in the Czech Republic” (Abstract) (Full Text)
687. Babiak, Mykola and Jozef Baruník. March 2021. “Uncertainty Network Risk and Currency Returns” (Abstract) (Full Text) (Additional Materials)
686. Drlje, Marin and Štěpán Jurajda. February 2021. “LATE Estimators under Costly Non-compliance in Student-College Matching Markets” (Abstract) (Full Text)
685. Jurajda, Štěpán and Pavla Doleželová. February 2021. “Czech Kurzarbeit: Evidence from the First Pandemic Wave” (Abstract) (Full Text)
684. Ashenfelter, Orley and Štěpán Jurajda. February 2021. “Wages, Minimum Wages and Price Pass-Through: The Case of McDonald´s Restaurants” (Abstract) (Full Text)
683. Grossmann Jakub, Štěpán Jurajda and Felix Roesel. February 2021. “Forced Migration, Staying Minorities, and New Societies: Evidence from Post-war Czechoslovakia” (Abstract) (Full Text) (Additional Materials)
682. Babiak, Mykola and Roman Kozhan. January 2021. “Growth Uncertainty,Rational Learning, and Option Prices” (Abstract) (Full Text) (Additional Materials)
681. Tolstova, Vera. January 2021. “Voting on Education and Redistribution Policies in the U.S: Does Endogenous Fertility Matter?” (Abstract) (Full Text)
680. Tolstova, Vera. January 2021. “Marital Sorting and Cross-Country Differences in Intergenerational Earnings Persistence” (Abstract) (Full Text) (Additional Materials)
679. Grossmann, Jakub. January 2021. “The Effects of Minimum Wage Increases in the Czech Republic.” (Abstract) (Full Text)
Acknowledgements
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:
- 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)
- Center of Advanced Political Economy Research [Centrum pro pokročilá politicko-ekonomická studia], No. LC542, (2005–2009)
- 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)
- 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)
Specific research support and/or other grants the researchers/publications benefited from are acknowledged in the Papers.







