Center for Economic Research & Graduate Education - Economics Institute

Working Papers

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 This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Editorial board: Jan Kmenta, Randall Filer, Petr Zemčík.

Go to CERGE-EI Working Papers published in:

2011 2010 2009 2008 2007 2006 2005 2004

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.

2011 

440. Çelik, Levent, and Bilgehan Karabay. May 2011. “A Note on Equilibrium Uniqueness in the Baron-Ferejohn Model.” (Full Text)

439. Tashpulatov, Sherzod. May 2011. “Estimating the Volatility of Electricity Prices: The Case of the England and Wales Wholesale Electricity Market.” (Abstract) (Full Text)

438. Dinga, Marián. April 2011. “The Role of Investment Incentives in Regional FDI Reallocation: A Regression-Discontinuity Approach.” (Abstract) (Full Text)

437. Van Koten, Silvester, and Andreas Ortmann. April 2011. “Structural versus Behavioral Remedies in the Deregulation of Electricity Markets: An Experimental Investigation Guided by Theory and Policy Concerns.” (Abstract) (Full Text)

436. Janda, Karel. April 2011. “Credit Rationing and Public Support of Commercial Credit.” (Abstract) (Full Text)

435. Střelický, Jiří, and Krešimir Žigić. March 2011. “Intellectual Property Rights Protection and Enforcement in a Software Duopoly.” (Abstract) (Full Text)

434. Hanousek, Jan, Evžen Kočenda, and Jan Novotný. March 2011. “The Identification of Price Jumps.” (Abstract) (Full Text)

433. Katuščák, Peter. February 2011. “Consumer Reactions To Unobserved Changes in Price Schedules.” (Abstract) (Full Text)

432. Srholec, Martin. January 2011. “A Multilevel Analysis of Innovation in Developing Countries.” (Abstract) (Full Text)

431. Jerbashian, Vahagn. January 2011. “The Telecommunications Industry and Economic Growth: How the Market Structure Matters.” (Abstract) (Full Text)

430. Tsharakyan, Ashot, and Petr Zemčík. January 2011. “Rent Deregulation, Tenure Choice, and Real Estate Price Expectations.” (Abstract) (Full Text)

2010 

429. Shamshur, Anastasiya. December 2010. “Access to Capital and Capital Structure of the Firm.” (Abstract) (Full Text)

428. Popova, Olga. December 2010. “Corruption, Voting and Employment Status: Evidence from Russian Parliamentary Elections.” (Abstract) (Full Text)

427. Žigić, Krešimir. November 2010. “Second-Best Trade Policies, R&D Spillovers and Government (In)ability to Precommit in an Intra-Industry Trade Framework.” (Abstract) (Full Text)

426. Horváth, Roman, and Jakub Matějů. October 2010. “How Are Inflation Targets Set?” (Abstract) (Full Text)

425. Popova, Olga. October 2010. “Can Religion Insure against Aggregate Shocks to Happiness? The Case of Transition Countries.” (Abstract) (Full Text)

424. Stankov, Petar. October 2010. “Deregulation, Economic Growth and Growth Acceleration.” (Abstract) (Full Text)

423. Maksudova, Nargiza. October 2010. “Macroeconomics of Microfinance: How Do the Channels Work?” (Abstract) (Full Text)

422. Pertold, Filip. October 2010. “Don't Drink and... Avoid Risky Sex of Your Peers: The Influence of Alcohol Consumption of Opposite-Gender Peers on Youth Risky Sexual Behavior.” (Abstract) (Full Text)

421. Pertold-Gębicka, Barbara. October 2010. “Measuring Skill Intensity of Occupations with Imperfect Substitutability Across Skill Types.” (Abstract) (Full Text)

420. Vorobyev, Dmitriy. October 2010. “Growth of Electoral Fraud in Non-Democracies: The Role of Uncertainty.” (Abstract) (Full Text)

419. Babický, Vítězslav, Andreas Ortmann, and Silvester van Koten. October 2010. “Fairness in Risky Environments: Theory and Evidence.” (Abstract) (Full Text)

418. Shestakova, Natalia. September 2010. “Overcoming Consumer Biases in the Choice of Pricing Schemes: A Lab Experiment.” (Abstract) (Full Text)

417. Vozár, Mário. September 2010. “The Effect of Time in a Multi-Dimensional Marriage Market Model.” (Abstract) (Full Text)

416. Novotný, Jan. September 2010. “Were Stocks during the Financial Crisis More Jumpy: A Comparative Study.” (Abstract) (Full Text)

415. Tashpulatov, Sherzod. September 2010. “Analysis of Electricity Industry Liberalization in Great Britain: How Did the Bidding Behavior of Electricity Producers Change?” (Abstract) (Full Text)

414. Jeong, Byeongju. August 2010. “Intergenerational Bargaining in Technology Adoption.” (Abstract) (Full Text)

413. Ostatnický, Michal. August 2010. “Oligopolistic Price Competition with Informed and Uninformed Buyers.” (Abstract) (Full Text)

412. Novotný, Jan. August 2010. “Price Jumps in Visegrad Country Stock Markets: An Empirical Analysis.” (Abstract) (Full Text)

411. Shestakova, Natalia. July 2010. “Pricing Scheme Choice: How Process Affects Outcome.” (Abstract) (Full Text)

410. Bičáková, Alena. May 2010. “Gender Unemployment Gaps: Evidence from the New EU Member States.” (Abstract) (Full Text)

409. Matějka, Filip. April 2010. “Rigid Pricing and Rationally Inattentive Consumer.” (Abstract) (Full Text)

408. Matějka, Filip. March 2010. “Rationally Inattentive Seller: Sales and Discrete Pricing.” (Abstract) (Full Text)

407. Gębicka, Barbara. March 2010. “College Degree Supply and Occupational Allocation of Graduates the Case of the Czech Republic.” (Abstract) (Full Text)

406. Anastassova, Lubomira. February 2010. “Are Immigrants Paid Less for Education?” (Abstract) (Full Text)

405. Earnhart, Dietrich, and Lubomír Lízal. February 2010. “Pollution Control in a Transition Economy: Do Firms Face Economies and/or Diseconomies of Scale?” (Abstract) (Full Text)

404. Krajčová, Jana. January 2010. “On the Hidden Costs of Monitoring Corruption or Effort.” (Abstract) (Full Text)

2009 

403. Tsuchimoto, Fusako, and Libor Dušek. December 2009. “Responses to More Severe Punishment in the Courtroom: Evidence from Truth-in-Sentencing Laws.” (Abstract) (Full Text)

402. Brázdik, František. December 2009. “Announced Regime Switch: Optimal Policy for Transition Period.” (Abstract) (Full Text)

401. Kováč, Eugen, Viatcheslav Vinogradov, and Krešimir Žigić. December 2009. “Technological Leadership and Persistence of Monopoly under Endogenous Entry: Static versus Dynamic Analysis.” (Abstract) (Full Text)

400. Hromádková, Eva. November 2009. “Gatekeeping—Open Door to Effective Medical Care Utilisation?” (Abstract) (Full Text)

399. Pertold, Filip. November 2009. “Sorting into Secondary Education and Peer Effects in Youth Smoking.” (Abstract) (Full Text)

398. Bena, Jan, and Peter Ondko. November 2009. “Financial Development and Allocation of External Finance.” (Abstract) (Full Text)

397. Kálovcová, Katarína, and Andreas Ortmann. November 2009. “Understanding the Plott–Wit–Yang Paradox.” (Abstract) (Full Text)

396. Slobodyan, Sergey, and Raf Wouters. November 2009. “Learning in an Estimated Medium-Scale DSGE Model.” (Abstract) (Full Text)

395. Tsuchimoto, Fusako. November 2009. “A Theory of Ethnic Diversity and Income Distribution.” (Abstract) (Full Text)

394. Stančík, Juraj, and Timo Välilä. November 2009. “Changes in the Fiscal Stance and the Composition of Public Spending.” (Abstract) (Full Text)

393. Shamshur, Anastasiya. September 2009. “Is the Stability of Leverage Ratios Determined by the Stability of the Economy?” (Abstract) (Full Text)

392. Basl, Josef, Daniel Münich, and Oleg Sidorkin. September 2009. “Publication Productivity of Czech Sociology in Scientific Journals Within the Last Decade.” (Abstract) (Full Text)

391. Morgese Borys, Magdalena, and Petr Zemčík. September 2009. “Size and Value Efects in the Visegrad Countries.” (Abstract) (Full Text)

390. Zemčík, Petr. September 2009. “Housing Markets in Central and Eastern Europe: Is There a Bubble in the Czech Republic?” (Abstract) (Full Text)

389. Jurajda, Štěpán, and Juraj Stančík. September 2009. “Foreign Ownership and Corporate Performance: The Czech Republic at EU Entry.” (Abstract) (Full Text)

388. Dvořák, Pavel, and Jan Hanousek. August 2009. “Paying for Banking Services: What Determines the Fees?” (Abstract) (Full Text)

387. Konečný, Tomáš. August 2009. “Expatriates and Trade.” (Abstract) (Full Text)

386. Vourvachaki, Evangelia. August 2009. “Information and Communication Technologies in a Multi-sector Endogenous Growth Model.” (Abstract) (Full Text)

385. Rydval, Ondřej, Andreas Ortmann, Sasha Prokosheva, and Ralph Hertwig. July 2009. “How Certain Is the Uncertainty Effect?” (Abstract) (Full Text)

384. Břeský, Michal. May 2009. “Revenue and Efficiency in Multi-Unit Uniform-Price Auctions.” (Abstract) (Full Text)

383. Tinn, Katrin, and Evangelia Vourvachaki. April 2009. “Can Optimism about Technology Stocks Be Good for Welfare? Positive Spillovers versus Equity Market Losses.” (Abstract) (Full Text)

382. Hanousek, Jan, and Evžen Kočenda. February 2009. “Intraday Price Discovery in Emerging European Stock Markets.” (Abstract) (Full Text)

381. Boháček, Radim, and Volha Belush. January 2009. “Social Security Reform in a Dynastic Life-Cycle Model with Endogenous Fertility.” (Abstract) (Full Text)

2008 

380. Rychalovska, Yuliya. December 2008. “The Implications of Structural Asymmetries for Monetary Policy and Welfare in a Small Open Economy: A Linear Quadratic Framework.” (Abstract) (Full Text)

379. Bogomolova, Anna, and Dmitri Kolyuzhnov. December 2008. “Optimal Monetary Policy Rules: The Problem of Stability Under Heterogeneous Learning.” (Abstract) (Full Text)

378. Kolyuzhnov, Dmitri. December 2008. “Economic Dynamics Under Heterogeneous Learning: Necessary and Sufficient Conditions for Stability.” (Abstract) (Full Text)

377. Bena, Jan. December 2008. “The Effect of Credit Rationing on the Shape of the Competition-Innovation Relationship.” (Abstract) (Full Text)

376. Břeský, Michal. December 2008. “Pure Equilibrium Strategies in Multi-Unit Auctions with Private Value Bidders.” (Abstract) (Full Text)

375. Maçi, Ilir, and Krešimir Žigić. November 2008. “Competition Policy and Market Leaders.” (Abstract) (Full Text)

374. Kováč, Eugen, and Jakub Steiner. November 2008. “Reversibility in Dynamic Coordination Problems.” (Abstract) (Full Text)

373. Krajč, Marian. November 2008. “Are the Unskilled Really That Unaware? Understanding Seemingly Biased Self-Assessments.” (Abstract) (Full Text)

372. Krajčová, Jana, and Andreas Ortmann. November 2008. “Testing Leniency Programs Experimentally: The Impact of ‘Natural’ Framing.” (Abstract) (Full Text)

371. Jurajda, Štěpán, and Daniel Münich. November 2008. “Gender Gap in Admission Performance under Competitive Pressure.” (Abstract) (Full Text)

370. Krajčová, Jana. October 2008. “Testing Leniency Programs Experimentally: The Impact of Change in Parameterization.” (Abstract) (Full Text)

369. Žigić, Krešimir. October 2008. “Stackelberg Leadership with Product Differentiation and Endogenous Entry: Some Comparative Static and Limiting Results.” (Abstract) (Full Text)

368. Brázdik, František, and Juraj Antal. October 2008. “Macroeconomic Stability: Transition Towards the Nominal Exchange Rate Stability.” (Abstract) (Full Text)

367. Konečný, Tomáš, and Jan Mysliveček. September 2008. “Fair Trade—Is It Really Fair?” (Abstract) (Full Text)

366. Aslanidi, Olga. September 2008. “Dollarization in Transition Economies: New Evidence from Georgia.” (Abstract) (Full Text)

365. Kopřiva, František. September 2008. “Source of Information-Driven Trading on the Prague Stock Exchange.” (Abstract) (Full Text)

364. Mysliveček, Jan. September 2008. “How to Price Imperfect Certification.” (Abstract) (Full Text)

363. Çelik, Levent. September 2008. “Viewer Sampling and Quality Signaling in a Television Market.” (Abstract) (Full Text)

362. Çelik, Levent. September 2008. “Monopoly Provision of Tune-ins.” (Abstract) (Full Text)

361. Mysliveček, Jan. September 2008. “Comparing Certification and Self-Regulation.” (Abstract) (Full Text)

360. Hanousek, Jan, and Filip Palda. September 2008. “Tax Evasion Dynamics in the Czech Republic: First Evidence of an Evasional Kuznets Curve.” (Abstract) (Full Text)

359. Çelik, Levent. September 2008. “Strategic Informative Advertising in a Horizontally Differentiated Duopoly.” (Abstract) (Full Text)

358. Saxa, Branislav. August 2008. “Learning-by-Exporting or Managerial Quality? Evidence from the Czech Republic.” (Abstract) (Full Text)

357. Tsharakyan, Ashot. August 2008. “The Effect of Mortgage Origination Fees on the Housing Price Dynamics.” (Abstract) (Full Text)

356. Yemelyanau, Maksim. June 2008. “Inequality in Belarus from 1995 to 2005.” (Abstract) (Full Text)

355. Ortmann, Andreas, and Sergey Slobodyan. June 2008. “(The Evolution of) Post-Secondary Education: A Computational Model and Experiments.” (Abstract) (Full Text)

354. Břeský, Michal. May 2008. “Properties of Equilibrium Strategies in Multiple-Unit, Uniform-Price Auctions.” (Abstract) (Full Text)

353. Babecký, Jan, Fabrizio Coricelli, and Roman Horváth. June 2008. “Assessing Inflation Persistence: Micro Evidence on an Inflation Targeting Economy.” (Abstract) (Full Text)

352. Cho, Junghun. June 2008. “Sequential Cheap Talk from Advisors with Reputation.” (Abstract) (Full Text)

351. Bičáková, Alena, Jiří Slačálek, and Michal Slavík. March 2008. “Labor Supply after Transition: Evidence from the Czech Republic.” (Abstract) (Full Text)

350. Franta, Michal, and Martin Guzi. March 2008. “Unequal Access to Higher Education in the Czech Republic: The Role of Spatial Distribution of Universities.” (Abstract) (Full Text)

349. Hanousek, Jan, Evžen Kočenda, and Ali Kutan. March 2008. “The Reaction of Asset Prices to Macroeconomic Announcements in New EU Markets: Evidence from Intraday Data.” (Abstract) (Full Text)

348. Dinga, Marián. February 2008. “The Impact of Territorially Concentrated FDI on Local Labor Markets: Evidence from the Czech Republic.” (Abstract) (Full Text)

347. Rydval, Ondřej, Andreas Ortmann, and Michal Ostatnický. January 2008. “Three Very Simple Games and What It Takes to Solve Them.” (Abstract) (Full Text)

2007 

346. Van Koten, Silvester. December 2007. “Legally Separated Joint Ownership of Bidder and Auctioneer: Illustrated by the Partial Deregulation of the EU Electricity Markets.” (Abstract) (Full Text)

345. Jurajda, Štěpán, and Katherine Terrell. December 2007. “Regional Unemployment and Human Capital in Transition Economies.” (Abstract) (Full Text)

344. Aslanidi, Olga. November 2007. “Determinants and Effectiveness of Foreign Exchange Interventions: New Evidence from Georgian Data.” (Abstract) (Full Text)

343. Cho, Junghun. November 2007. “Self-Reputation and Perception of Reputation.” (Abstract) (Full Text)

342. Mravec, Michal. September 2007. “Understanding the Lack of Competition in Natural Gas Markets: The Impact of Storage Ownership and Upstream Competition.” (Abstract) (Full Text)

341. Drnáková, Lenka. September 2007. “Determinants of Secondary School Choice in the Czech Republic.” (Abstract) (Full Text)

340. Stančík, Juraj. September 2007. “Horizontal and Vertical FDI Spillovers: Recent Evidence from the Czech Republic.” (Abstract) (Full Text)

339. Morgese Borys, Magdalena, and Roman Horváth. September 2007. “The Effects of Monetary Policy in the Czech Republic: An Empirical Study.” (Abstract) (Full Text)

338. Mikhed, Vyacheslav, and Petr Zemčík. October 2007. “Testing for Bubbles in Housing Markets: A Panel Data Approach.” (Abstract) (Full Text)

337. Mikhed, Vyacheslav, and Petr Zemčík. October 2007. “Do House Prices Reflect Fundamentals? Aggregate and Panel Data Evidence.” (Abstract) (Full Text)

336. Kováč, Eugen, and Krešimir Žigić. August 2007. “International Competition in Vertically Differentiated Markets with Innovation and Imitation: Trade Policy versus Free Trade.” (Abstract) (Full Text)

335. Fungáčová, Zuzana. August 2007. “Can the Market Fix a Wrong Administrative Decision? Massive Delisting on the Prague Stock Exchange.” (Abstract) (Full Text)

334. Ortmann, Andreas, Sasha Prokosheva, Ondřej Rydval, and Ralph Hertwig. July 2007. “Valuing a Risky Prospect Less than Its Worst Outcome: Uncertainty Effect or Task Ambiguity?” (Abstract) (Full Text)

333. Tsharakyan, Ashot. July 2007. “Welfare Effects of Housing Price Appreciation in an Economy With Binding Credit Constraints.” (Abstract) (Full Text)

332. Çelik, Levent. July 2007. “Informative Advertising and Consumer Search in a Differentiated-Products Duopoly.” (Abstract) (Full Text)

331. Paligorova, Teodora. July 2007. “Corporate Governance and Executive Pay: Evidence from a Recent Reform.” (Abstract) (Full Text)

330. Bena, Jan, and Štěpán Jurajda. June 2007. “Which Firms Benefit More from Financial Development?” (Abstract) (Full Text)

329. Konečný, Tomáš. May 2007. “Can Immigrants Hurt Trade?” (Abstract) (Full Text)

328. Van Koten, Silvester, and Andreas Ortmann. May 2007. “The Unbundling Regime for Electricity Utilities in the EU: A Case of Legislative and Regulatory Capture?” (Abstract) (Full Text)

327. Devetag, Giovanna, and Andreas Ortmann. April 2007. “Classic Coordination Failures Revisited: The Effects of Deviation Costs and Loss Avoidance.” (Abstract) (Full Text)

326. Slobodyan, Sergey, and Viatcheslav Vinogradov. April 2007. “The Demographic Challenge of the Interconnected Education and Pension System in the Czech Republic.” (Abstract) (Full Text)

325. Krajč, Marian, and Andreas Ortmann. April 2007. “Are the Unskilled Really That Unaware? An alternative explanation.” (Abstract) (Full Text)

324. Steiner, Jakub, and Colin Stewart. April 2007. “Learning by Similarity in Coordination Problems.” (Abstract) (Full Text)

323. Morgese Borys, Magdalena. March 2007. “Testing Multi-Factor Asset Pricing Models in the Visegrad Countries.” (Abstract) (Full Text)

322. Babetskii, Ian, and Nauro Campos. March 2007. “Does Reform Work? An Econometric Examination of the Reform-Growth Puzzle.” (Abstract) (Full Text)

321. Černý, Alexandr, and Randall Filer. March 2007. “Natural Resources: Are They Really a Curse?” (Abstract) (Full Text)

320. Svítková, Katarína. March 2007. “Prompted to Be Good: The Impact of Certification on the Quality of Charities.” (Abstract) (Full Text)

319. Žigić, Krešimir. March 2007. “Government's (In)ability to Precommit, and Strategic Trade Policy: The ‘Third Market’ versus the ‘Home Market’ Setup.” (Abstract) (Full Text)

318. Dušek, Libor. March 2007. “Political Risk of Social Security: The Case of the Indexation of Benefits in the Czech Republic.” (Abstract) (Full Text)

317. Bena, Jan, and Štěpán Jurajda. March 2007. “Financial Development and Growth in Direct Firm-Level Comparisons.” (Abstract) (Full Text)

316. Kováč, Eugen, Viatcheslav Vinogradov, and Krešimir Žigić. January 2007. “Persistence of Monopoly, Innovation, and R&D Spillovers: Static versus Dynamic Analysis.” (Abstract) (Full Text)

2006 

315. Podpiera, Jiří. December 2006. “The Role of Policy Rule Misspecification in Monetary Policy Inertia Debate.” (Abstract) (Full Text)

314. Cho, Junghun. December 2006. “Multiple Advisors with Reputation.” (Abstract) (Full Text)

313. van Koten, Silvester. December 2006. “Bidding Behavior when One Bidder and the Auctioneer Are Vertically Integrated. Implications for the Partial Deregulation of EU Electricity Markets.” (Abstract) (Full Text)

312. Svítková, Katarína. November 2006. “Corporate Philanthropy in the Czech and Slovak Republics.” (Abstract) (Full Text)

311. Boone, Jan, Delia Ionaşcu, and Krešimir Žigić. October 2006. “Trade Policy, Market Leaders and Endogenous Competition Intensity.” (Abstract) (Full Text)

310. Brhlíková, Petra. October 2006. “Mixed Competition and Welfare under Various Nonprofit Objectives. Mixed Competition under Various Cost Configurations.” (Abstract) (Full Text)

309. Slobodyan, Sergey, Anna Bogomolova, and Dmitri Kolyuzhnov. October 2006. “Stochastic Gradient versus Recursive Least Squares Learning.” (Abstract) (Full Text)

308. Briatka, Ľuboš. September 2006. “How Big is Big Enough? Justifying Results of the IID Test Based on the Correlation Integral in the Non-Normal World.” (Abstract) (Full Text)

307. Ortmann, Andreas, and Ralph Hertwig. September 2006. “Monetary Incentives: Usually Neither Necessary Nor Sufficient?” (Abstract) (Full Text)

306. Jõeveer, Karin. September 2006. “Sources of Capital Structure: Evidence from Transition Countries.” (Abstract) (Full Text)

305. Katuščák, Peter, and Joel Slemrod. September 2006. “Trust and Trustworthiness in an Economy with Heterogeneous Individuals.” (Abstract) (Full Text)

304. Feldman, Naomi, and Peter Katuščák. September 2006. “Should the Average Tax Rate Be Marginalized?” (Abstract) (Full Text)

303. Ryvkin, Dmitry, and Andreas Ortmann. September 2006. “Three Prominent Tournament Formats: Predictive Power and Costs.” (Abstract) (Full Text)

302. Devetag, Giovanna, and Andreas Ortmann. September 2006. “When and Why? A Critical Survey on Coordination Failure in the Laboratory.” (Abstract) (Full Text)

301. Yusupova, Elena. July 2006. “Information Asymmetry, Share Mispricing and the Coordination Problem: Investor Portfolio Choice in Czech Voucher Privatization.” (Abstract) (Full Text)

300. Münich, Daniel. July 2006. “Measuring Economics Research in the Czech Republic: A Comment.” (Abstract) (Full Text)

299. Brhlíková, Petra, and Andreas Ortmann. July 2006. “The Impact of the Non-distribution Constraint and Its Enforcement on Entrepreneurial Choice, Price, and Quality.” (Abstract) (Full Text)

298. Bena, Jan. May 2006. “Choice of Corporate Risk Management Tools under Moral Hazard.” (Abstract) (Full Text)

297. Poghosyan, Tigran, and Evžen Kočenda. May 2006. “Foreign Exchange Risk Premium Determinants: Case of Armenia.” (Abstract) (Full Text)

296. Jurajda, Štěpán, and Teodora Paligorova. April 2006. “Female Managers and Their Wages in Central Europe.” (Abstract) (Full Text)

295. Steiner, Jakub. April 2006. “Coordination in a Mobile World.” (Abstract) (Full Text)

294. Tóth, Peter, and Petr Zemčík. March 2006. “What Makes Firms in Emerging Markets Attractive to Foreign Investors? Micro-evidence from the Czech Republic.” (Abstract) (Full Text)

293. Slobodyan, Sergey. March 2006. “One Sector Models, Indeterminacy, and Productive Public Spending.” (Abstract) (Full Text)

292. Temurshoev, Umed. March 2006. “Pollution Haven Hypothesis or Factor Endowment Hypothesis: Theory and Empirical Examination for the US and China.” (Abstract) (Full Text)

291. Bena, Jan, and Jan Hanousek. February 2006. “Rent Extraction by Large Shareholders: Evidence Using Dividend Policy in the Czech Republic.” (Abstract) (Full Text)

290. Knot, Ondřej, and Ondřej Vychodil. February 2006. “Bankruptcy Regimes and Gambling on Resurrection.” (Abstract) (Full Text)

289. Anastassova, Lubomira. February 2006. “Productivity Differences and Agglomeration Across Districts of Great Britain.” (Abstract) (Full Text)

288. Svítková, Katarína, and Andreas Ortmann. February 2006. “Certification as a Viable Quality Assurance Mechanism: Theory and Suggestive Evidence.” (Abstract) (Full Text)

287. Jeong, Byeongju. January 2006. “Proprietary Policy and Production.” (Abstract) (Full Text)

286. Brázdik, František. January 2006. “Non-Parametric Analysis of Technical Efficiency: Factors Affecting Efficiency of West Java Rice Farms.” (Abstract) (Full Text)

285. Kolyuzhnov, Dmitri, Anna Bogomolova, and Sergey Slobodyan. January 2006. “Escape Dynamics: A Continuous-Time Approximation.” (Abstract) (Full Text)

284. Slobodyan, Sergey. January 2006. “Indeterminacy and Stability in a Modified Romer Model: A General Case.” (Abstract) (Full Text)

2005 

283. Jõeveer, Karin. December 2005. “What Do We Know about the Capital Structure of Small Firms?” (Abstract) (Full Text)

282. Jurajda, Štěpán, and Daniel Münich. December 2005. “Admission to Selective Schools, Alphabetically.” (Abstract) (Full Text)

281. Austin, Andrew. November 2005. “Provincial Interests and Political Integration: Voting in the French Maastricht Referendum.” (Abstract) (Full Text)

280. Noguera, José, and Rowena Pecchenino. August 2005. “Can a Cartel Fuel the Engine of Economic Development? OPEC and the Macroeconomics of Oil.” (Abstract) (Full Text)

279. Kočenda, Evžen, Ali Kutan, and Taner Yiğit. November 2005. “Pilgrims to the Eurozone: How Far, How Fast?” (Abstract) (Full Text)

278. Austin, Andrew, Tatyana Kosyaeva, and Nathaniel Wilcox. November 2005. “Believe but Verify? Russian Views and the Market.” (Abstract) (Full Text, Appendix)

277. Fukač, Martin. October 2005. “Should Private Expectations Concern Central Bankers?” (Abstract) (Full Text)

276. Kováč, Eugen. September 2005. “Speculation and Survival in Financial Markets.” (Abstract) (Full Text)

275. Chen, Yan, Peter Katuščák, and Emre Ozdenoren. September 2005. “Why Can't a Woman Bid More Like a Man?” (Abstract) (Full Text)

274. Steiner, Jakub. September 2005. “Coordination Cycles.” (Abstract) (Full Text)

273. Brázdik, František, and Viliam Druska. September 2005. “Too Large or Too Small? Returns to Scale in a Retail Network.” (Abstract) (Full Text)

272. Boháček, Radim, and Michal Kejak. September 2005. “Optimal Government Policies in Models with Heterogeneous Agents.” (Abstract) (Full Text)

271. Brázdik, František. August 2005. “Oriented Stochastic Data Envelopment Models: Ranking Comparison to Stochastic Frontier Approach.” (Abstract) (Full Text)

269. Chen, Yan, Peter Katuščák, and Emre Ozdenoren. August 2005. “Sealed Bid Auctions with Ambiguity: An Experimental Study.” (Abstract) (Full Text)

268. Vereshchagina, Galina. June 2005. “Between-Firm Redistribution of Profit in Competitive Industries: Why Labor Market Policies May Not Work.” (Abstract) (Full Text)

267. Babetskii, Ian, and Balázs Égert. June 2005. “Equilibrium Exchange Rate in the Czech Republic: How Good is the Czech BEER?” (Abstract) (Full Text)

266. Kováč, Eugen. August 2005. “Tying and Entry Deterrence in Vertically Differentiated Markets.” (Abstract) (Full Text)

265. Kovaříková Arro, Anu. June 2005. “Globalization, Increasing Returns in Component Production, and the Pattern of Trade.” (Abstract) (Full Text)

264. Rydval, Ondřej. June 2005. “Capital and Labor Effects in a Recall Task: More Evidence in Support of Camerer and Hogarth (1999).” (Abstract) (Full Text)

263. Anastassova, Lubomira, and Teodora Paligorova. June 2005. “Why Immigrants Manage to Grab More Social Benefits? Empirical Cross-Country Analysis.” (Abstract) (Full Text)

262. Paligorova, Teodora. June 2005. “Czech Managerial Compensations: Why Does It Pay Off to Climb the Corporate Ladder?” (Abstract) (Full Text)

261. Uzagalieva, Ainura. May 2005. “Finding Optimal Measures of Core Inflation in the Kyrgyz Republic.” (Abstract) (Full Text)

260. Dušek, Libor. September 2005. “Crime, Deterrence, and Democracy.” (Abstract) (Full Text)

259. Hanousek, Jan, Evžen Kočenda, and Jan Švejnar. May 2005. “Origin and Concentration: Corporate Ownership, Control and Performance.” (Abstract) (Full Text)

258. Boháček, Radim, and Michal Kejak. May 2005. “Projection Methods for Economies with Heterogeneous Agents.” (Abstract) (Full Text)

257. Kazakova, Elena. May 2005. “Wages in a Growing Russia: When is a Ten Percent Rise in the Gender Pay Gap Good News?” (Abstract) (Full Text)

256. Fungáčová, Zuzana. April 2005. “Building a Castle on Sand: Effects of Mass Privatization on Capital Market Creation in Transition Economies.” (Abstract) (Full Text)

255. Jeong, Byeongju. April 2005. “Optimal Severance Payment: Theory and Practice.” (Abstract) (Full Text)

254. Uzagalieva, Ainura. April 2005. “Fiscal Consequences of Monetary Integration within the Common Economic Area: the Case of Belarus, Kazakhstan and Russia.” (Abstract) (Full Text)

253. Fukač, Martin. March 2005. “Inflation Expectations in the Czech Interbank Market.” (Abstract) (Full Text)

252. Ryvkin, Dmitry. March 2005. “The Predictive Power of Noisy Elimination Tournaments.” (Abstract) (Full Text)

251. Austin, Andrew. February 2005. “City and Suburban Competition.” (Abstract) (Full Text)

250. Klein, Alexander. March 2005. “All in the Family: A Dynasty Approach to Household Migration Evidence from the 19th Century Austro-Hungarian Empire.” (Abstract) (Full Text)

249. Ionaşcu, Delia, and Krešimir Žigić. January 2005. “Strategic Tariff Protection, Market Conduct, and Government Commitment Levels in Developing Economies.” (Abstract) (Full Text)

248. Jeong, Byeongju, Michal Kejak, and Viatcheslav Vinogradov. January 2005. “Changing Composition of Human Capital: The Czech Republic, Hungary, and Poland.” (Abstract) (Full Text)

247. Hanousek, Jan, and Evžen Kočenda. January 2005. “Learning by Bidding: Evidence from a Large-Scale Natural Experiment.” (Abstract) (Full Text)

246. Steiner, Jakub. January 2005. “A Trace of Anger is Enough: On the Enforcement of Social Norms.” (Abstract) (Full Text)

2004 

245. Rydval, Ondřej, and Andreas Ortmann. December 2004. “Loss Avoidance as Selection Principle: Evidence from Simple Stag-Hunt Games.” (Abstract) (Full Text)

244. Boháček, Radim, and Hugo Rodríguez Mendizábal. December 2004. “Credit Markets and the Propagation of Monetary Policy Shocks.” (Abstract) (Full Text)

243. Noguera, José. December 2004. “The Transmission Mechanism to Barter.” (Abstract) (Full Text)

242. Černý, Alexandr. November 2004. “Stock Market Integration and the Speed of Information Transmission.” (Abstract) (Full Text)

241. Ostatnický, Michal. November 2004. “Coase's Conjecture in Finite Horizon.” (Abstract) (Full Text)

240. Brhlíková, Petra. October 2004. “Models of Competition between One For-profit and One Nonprofit Firm.” (Abstract) (Full Text)

239. Noguera, José. September 2004. “Is Barter a Hobson's Choice? A Theory of Barter and Credit Rationing.” (Abstract) (Full Text)

238. Austin, Andrew, and Nathaniel Wilcox. September 2004. “Believing in Economic Theory: Sex, Lies, Evidence, Trust and Ideology.” (Abstract) (Full Text)

237. Vojtek, Martin. September 2004. “Calibration of Interest Rate Models—Transition Market Case.” (Abstract) (Full Text)

236. Ryvkin, Dmitry, and Andreas Ortmann. September 2004. “The Predictive Power of Noisy Round-Robin Tournaments.” (Abstract) (Full Text)

235. Kočenda, Evžen, and Ľuboš Briatka. September 2004. “Advancing the IID Test Based on Integration across the Correlation Integral: Ranges, Competition, and Power.” (Abstract) (Full Text)

234. Medvedev, Andrei. September 2004. “Efficiency Defense and Administrative Fuzziness in Merger Regulation.” (Abstract) (Full Text)

233. Engelmann, Dirk, and Martin Strobel. August 2004. “The False Consensus Effect: Deconstruction and Reconstruction of an Anomaly.” (Abstract) (Full Text)

232. Kúnin, Michael. August 2004. “Sequencing of Club Enlargement: ‘Big Bang,’ ‘Gradualism,’ and Internal Reform.” (Abstract) (Full Text)

231. Kúnin, Michael. August 2004. “Why do Software Manufacturers Tolerate Piracy in Transition and Less Developed Countries? A Theoretical Model.” (Abstract) (Full Text)

230. Kúnin, Michael, and Krešimir Žigić. August 2004. “Strategic Trade Policy and Vertical Product Differentiation: Intra-Industry Trade between Developed and Developing Countries.” (Abstract) (Full Text)

229. Medvedev, Andrei. August 2004. “Structural Remedies in Merger Regulation in a Cournot Framework.” (Abstract) (Full Text)

228. Brůha, Jan, Delia Ionaşcu, and Byeongju Jeong. October 2004. “Organized Labor and Restructuring Coal Mines in the Czech Republic and Romania.” (Abstract) (Full Text)

227. Blavatskyy, Pavlo. July 2004. “Back to the St. Petersburg Paradox?” (Abstract) (Full Text)

226. Blavatskyy, Pavlo. July 2004. “Axiomatization of a Preference for Most Probably Winner.” (Abstract) (Full Text)

225. Kováč, Eugen. June 2004. “Tying by a Non-monopolist.” (Abstract) (Full Text)

224. Jõeveer, Karin. May 2004. “Does Bank Failure Affect Client Firms? Micro Evidence from Estonia.” (Abstract) (Full Text)

223. Gilbert, Scott, and Petr Zemčík. May 2004. “Who's Afraid of Reduced-Rank Parameterizations of Multivariate Models? Theory and Example.” (Abstract) (Full Text)

222. Hanousek, Jan, Dana Hájková, and Randall Filer. October 2004. “The Mirage of Convergence: Why Poor Countries May Only Seem to Be Closing the Income Gap.” (Abstract) (Full Text)

221. Rydval, Ondřej, and Andreas Ortmann. February 2004. “How Financial Incentives and Cognitive Abilities Affect Task Performance in Laboratory Settings: An Illustration.” (Abstract) (Full Text)

220. Kejak, Michal, and David Vávra. February 2004. “Factor Accumulation Story: Any Unfinished Business?” (Abstract) (Full Text)

219. Kejak, Michal, Stephan Seiter, and David Vávra. February 2004. “Accession Trajectories and Convergence: Endogenous Growth Perspective.” (Abstract) (Full Text)