Journal Articles

One of the most important aspects of CERGE-EI's dedication to achieving the excellence found at leading western institutions is that CERGE-EI faculty members, students, and researchers publish in top international journals. In addition to a complete list of impact-factor publications, a recent selection can be found below.

Go to CERGE-EI's top publications listed by year: 

2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004

Forthcoming Articles

Anatolyev, Stanislav, and Anna Mikusheva. Forthcoming. “Limit Theorems for Factor Models.” Econometric Theory.
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Federičová, Miroslava. Forthcoming. “Teacher Turnover: What Can we Learn from Europe?.” European Journal of Education.
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Meyer Bruce D., Nikolas Mittag, and Robert M. Goerge. Forthcoming. “Errors in Survey Reporting and Imputation and their Effects on Estimates of Food Stamp Program Participation.” Journal of Human Resources.
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Galaso, Pablo, and Jaromír Kovářík. Forthcoming. “Collaboration Networks, Geography and Innovation: Local and National Embeddedness.” Papers in Regional Science.
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Gillman, Max. Forthcoming. “Income Tax Evasion: Tax Elasticity, Welfare, and Revenue.” International Tax and Public Finance.
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Gans-Morse, Jordan, Alexander Kalgin, Andrei Klimenko, Dmitriy Vorobyev, and Andrei Yakovlev. Forthcoming. “Self-Selection into Public Service When Corruption is Widespread: The Anomalous Russian Case.” Comparative Political Studies.
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Levínský, René, Abraham Neyman, and Miroslav Zelený. Forthcoming. “Should I Remember More than You? Best Responses to Factored Strategies.” International Journal of Game Theory.
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Brada, Josef C., Zdenek Drabek, and Ichiro Iwasaki. Forthcoming. “Does Investor Protection Increase Foreign Direct Investment? A Meta‐Analysis.” Journal of Economic Surveys.
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Jurajda, Štěpán, and Dejan Kovač. Forthcoming. “Names and Behavior in a War.” Journal of Population Economics.
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Otrachshenko, Vladimir, Olga Popova, and José Tavares. Forthcoming. “Extreme Temperature and Extreme Violence: Evidence from Russia.” Economic Inquiry.
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Bělín, Matěj, and Jan Hanousek. Forthcoming. “Which Sanctions Matter? Analysis of the EU/Russian Sanctions of 2014.” Journal of Comparative Economics.
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Lichard, Tomáš, Jan Hanousek, Randall K. Filer. Forthcoming. “Hidden in Plain Sight: Using Household Data to Measure the Shadow Economy". Empirical Economics.
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Nikolova, Milena, and Olga Popova. Forthcoming. “Sometimes Your Best Just Ain’t Good Enough: The Worldwide Evidence on Subjective Well-being Efficiency.” B.E. Journal of Economic Analysis & Policy.
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Aslanyan, Gurgen, and Oleg Mariev. Forthcoming. “PAYG Challenge for Preferential Migration.” Journal of Pension Economics & Finance.
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Nikolova, Milena, Boris Nikolaev, and Olga Popova. Forthcoming. “The Perceived Well-Being and Health Costs of Exiting Self-Employment.” Small Business Economics.
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Ivlevs, Artjoms, Milena Nikolova, and Olga Popova. Forthcoming. “Former Communist Party Membership and Present-Day Entrepreneurship.” Small Business Economics.
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Anatolyev, Stanislav. Forthcoming. “Directional News Impact Curve.” Journal of Forecasting.
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Kovář, Jan, and Kamil Kovář. Forthcoming. “Who Governs in the Council? Determinants of Ministerial Participation in Council Meetings.” East European Politics and Societies and Cultures.
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Jerbashian, Vahagn. Forthcoming. “Intellectual Property and Product Market Competition Regulations in a Model with Two R&D Performing Sectors.” Macroeconomic Dynamics.
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2020

Levínský, René, Abraham Neyman, and Miroslav Zelený. 2020. “Should I Remember More than You? Best Responses to Factored Strategies.” International Journal of Game Theory, 49(4): 11051124.
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Bajgar, Matej, and Beata Javorcik. 2020. “Climbing the Rungs of the Quality Ladder: FDI and Domestic Exporters in Romania.” Economic Journal, 130(628): 937–955.
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Celik, Levent, Bilgehan Karabay, and John McLaren. 2020. “Fast-Track Authority: A Hold-Up Interpretation.” Journal of International Economics, 127(November): 103392.
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Anderson, Simon P., and Levent Celik. 2020. “Opaque selling.” Information Economics and Policy, 52(September): 100869.
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Sidorkin, Oleg, and Dmitriy Vorobyev. 2020. “Extra Votes to Signal Loyalty: Regional Political Cycles and National Elections in Russia.” Public Choice, 185(1-2): 183213.
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Bauer, Michal, Julie Chytilová, and Edward Miguel. 2020. “Using Survey Questions to Measure Preferences: Lessons from an Experimental Validation in Kenya.” European Economic Review, 127(August): 103493.
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Anatolyev, Stanislav. 2020. “A Ridge to Homogeneity for Linear Models.” Journal of Statistical Computation and Simulation, 90(13): 2455–2472.
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Jehiel, Philippe, and Jakub Steiner. 2020. “Selective Sampling with Information-Storage Constraints.” Economic Journal, 130(630): 1753–1781.
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Zacchia, Paolo. 2020. “Knowledge Spillovers through Networks of Scientists.” Review of Economic Studies, 87(4): 1989–2018.
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Forand, Jean Guillaume, and Jan Zapal. 2020. “Production Priorities in Dynamic Relationships.” Theoretical Economics, 15(3): 861–889.
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Brink van den, René, René Levínský, and Miroslav Zelený. 2020. “The Shapley Value, the Proper Shapley Value, and Sharing Rules for Cooperative Ventures.” Operations Research Letters, 48(1): 55–60.
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Zapal, Jan. 2020. “Simple Markovian Equilibria in Dynamic Spatial Legislative Bargaining.” European Journal of Political Economy, 63(June): 101816.
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Ochsner, Christian, and Felix Roesel. 2020. “Migrating Extremists.” Economic Journal, 130(628): 1135–1172.
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Matysková, Ludmila, Brian Rogers, Jakub Steiner, and Keh-Kuan Sun. 2020. “Habits as Adaptations: An Experimental Study.” Games and Economic Behavior, 122(July): 391–406.
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Kőszegi, Botond, and Filip Matějka. 2020. “Choice Simplification: A Theory of Mental Budgeting and Naive Diversification.” Quarterly Journal of Economics, 135(2): 11531207.
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García-Pola, Bernardo, Nagore Iriberri, and Jaromír Kovářík. 2020. “Non-Equilibrium Play in Centipede Games.” Games and Economic Behavior, 120(March): 391–433.
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Jann, Ole, and Christoph Schottmüller. 2020. “An Informational Theory of Privacy.” Economic Journal, 130(625): 93–124.
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Kalíšková, Klára. 2020. “Tax and Transfer Policies and the Female Labor Supply in the EU.”  Empirical Economics, 58(2): 749–775.
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Gillman, Max. 2020. “The Welfare Cost of Inflation with Banking Time.” B.E. Journal of Macroeconomics, 20(1): 20180059.
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Gorodnichenko, Yuriy, Jan Švejnar, and Katherine Terrell. 2020. “Do Foreign Investment and Trade Spur Innovation?.” European Economic Review, 121(January): 103343.
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Bělín, Matěj. 2020. “Time-invariant Regressors under Fixed Effects: Simple Identification via a Proxy Variable.” Economics Letters, 186(January): 108799.
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Matveenko, Andrei. 2020. “Logit, CES, and Rational Inattention.” Economics Letters, 186(January): 108537.
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2019

Anatolyev, Stanislav, and Alena Skolkova. 2019. “Many Instruments: Implementation in Stata.” Stata Journal, 19(4): 849–866.
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Hanousek, Jan, Anastasiya Shamshur, and Jiri Tresl. 2019. “Firm Efficiency, Foreign Ownership and CEO Gender in Corrupt Environments.” Journal of Corporate Finance, 59(December): 344–360.
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Jung, Junehyuk, Jeong Ho (John) Kim, Filip Matějka, and Christopher A. Sims. 2019. “Discrete Actions in Information-Constrained Decision Problems.”  Review of Economic Studies, 86(6): 2643–2667.
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Kapička, Marek, and Julian Neira. 2019. “Optimal Taxation with Risky Human Capital.” American Economic Journal: Macroeconomics, 11(4): 271–309.
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Henrich, Joseph, Michal Bauer, Alessandra Cassar, Julie Chytilová, and Benjamin Grant Purzycki. 2019. “War Increases Religiosity.” Nature Human Behaviour, 3(2): 129–135.
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Mittag, Nikolas. 2019. “Correcting for Misreporting of Government Benefits.” American Economic Journal: Economic Policy, 11(2): 142–164.
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Janhuba, Radek. 2019. “Do Victories and Losses Matter? Effects of Football on Life Satisfaction.” Journal of Economic Psychology, 75(December): 102102.
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Bičáková, Alena, and Klára Kalíšková. 2019. “(Un)intended Effects of Parental Leave Policies: Evidence from the Czech Republic.” Labour Economics, 61(December): 1–15
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Barth, Suzanne K., Nikolas Mittag, and Kyung H. Park. 2019. “Voter Response to Hispanic Sounding Names: Evidence from Down-Ballot Statewide Elections.” Quarterly Journal of Political Science, 14(4): 401–437.
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Alimukhamedova, Nargiza. 2019. “The Microfinance Promise – Does it Hold? A Macro Perspective.” Development Policy Review, 37(6): 812–842.
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Mittag, Nikolas. 2019. “A Simple Method to Estimate Large Fixed Effects Models Applied to Wage Determinants.” Labour Economics, 61(December): 1–7.
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Jerbashian, Vahagn. 2019. “Automation and Job Polarization: On the Decline of Middling Occupations in Europe.” Oxford Bulletin of Economics and Statistics, 81(5): 1095–1116.
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Brañas-Garza, Pablo, Antonio M. Espín, Teresa García-Muñoz, and Jaromír Kovářík. 2019. “Digit Ratio (2D : 4D) and Prosocial Behaviour in Economic Games: No Direct Correlation with Generosity, Bargaining or Trust-Related Behaviours.” Biology Letters, 15(8): 1–6.
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Meyer, Bruce D., and Nikolas Mittag. 2019. “Using Linked Survey and Administrative Data to Better Measure Income: Implications for Poverty, Program Effectiveness and Holes in the Safety Net.” American Economic Journal: Applied Economics, 11(2): 176–204.
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Antoch, Jaromír, Jan Hanousek, Horvath, Lajos, Marie Hušková, and Shixuan Wang. 2019. “Structural Breaks in Panel Data: Large Number of Panels and Short Length Time Series.” Econometric Reviews, 38(7): 828–855.
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Meyer, Bruce D., and Nikolas Mittag. 2019. “Misreporting of Government Transfers: How Important Are Survey Design and Geography?.” Southern Economic Journal, 86(1): 230–253.
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Shamshur, Anastasiya, and Laurent Weill. 2019. “Does Bank Efficiency Influence the Cost of Credit?.” Journal of Banking & Finance, 105(August): 62–73.
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Anatolyev, Stanislav, and Jozef Baruník. 2019. “Forecasting Dynamic Return Distributions Based on Ordered Binary Choice.” International Journal of Forecasting, 35(3): 823–835.
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Belenzon, Sharon, Anastasiya Shamshur, and Rebecca Zarutskie. 2019. “CEO's Age and the Performance of Closely Held Firms.” Strategic Management Journal, 40(6): 917–944.
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Anatolyev, Stanislav, and Nikolay Gospodinov. 2019. “Multivariate Return Decomposition: Theory and Implications.” Econometric Reviews, 38(5): 487–508.
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Anatolyev, Stanislav. 2019. “Many Instruments and/or Regressors: A Friendly Guide.” Journal of Economic Surveys, 33(2): 689726.
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Brada, Josef C., Zdenek Drabek, Jose A. Mendez, and M. Fabricio Perez. 2019. “National Levels of Corruption and Foreign Direct Investment.” Journal of Comparative Economics, 47(1): 3149.
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Slavík, Ctirad, and Hakki Yazici. 2019. “On the Consequences of Eliminating Capital Tax Differentials.” Canadian Journal of Economics, 52(1): 225252.
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Borga, Liyousew Gebremedhin. 2019. “Children’s Own Time Use and its Effect on Skill Formation.” Journal of Development Studies, 55(5): 876893.
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Grillitsch, Markus, Torben Schubert, and Martin Srholec. 2019. “Knowledge Base Combinations and Firm Growth.” Research Policy, 48(1): 234–247.
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Godfrey, Keller, Vladimír Novák, and Tim Willems. 2019. “A Note on Optimal Experimentation Under Risk Aversion.” Journal of Economic Theory, 179(January): 476–487.
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2018

Mittag, Nikolas. 2018. “Two Simple Methods to Improve Official Statistics for Small Subpopulations.” Survey Research Methods, 12(3): 181–192.
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Audzei, Volha, and František Brázdik. 2018. “Exchange Rate Dynamics and Their Effect on Macroeconomic Volatility in Selected CEE Countries.” Economic Systems, 42(4): 584–596.
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Gaulé, Patrick. 2018. “Patents and the Success of Venture‐Capital Backed Startups: Using Examiner Assignment to Estimate Causal Effects”. Journal of Industrial Economics, 66(2): 350–376.
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Münich, Daniel, Petr Matějů, Jana Straková, and Michael L. Smith. 2018. “Structural Embeddedness of Students’ Professional Expectations: the Czech Republic and Taiwan in Comparative Perspective.” Compare: A Journal of Comparative and International Education48(6): 973–991.
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Otrachshenko, Vladimir, Olga Popova, and Pavel Solomin. 2018. “Misfortunes Never Come Singly: Consecutive Weather Shocks and Mortality in Russia.” Economics & Human Biology, 31(September): 249–258.
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Begušić, Stjepan, Zvonko Kostanjčar, Dejan Kovac, H. Eugene Stanley, and Boris Podobnik. 2018.  “Information Feedback in Temporal Networks as a Predictor of Market Crashes.” Complexity, 2018(Article ID 2834680): 1–13.
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Bogaard, Hein, and Jan Švejnar. 2018. “Incentive Pay and Performance: Insider Econometrics in a Multi-Unit Firm.” Labour Economics, 54(October): 100–115.
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Gossner, Olivier, and Jakub Steiner. 2018. “On the Cost of Misperception: General Results and Behavioral Applications.” Journal of Economic Theory, 177(September): 816–847.
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Pertold, Filip, and Niels Westergaard-Nielsen. 2018. “Firm Insurance and Sickness Absence of Employees.” International Journal of Manpower, 39(1): 133–151.
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Bauer, Michal, Nathan Fiala, and Ian Levely. 2018. “Trusting Former Rebels: An Experimental Approach to Understanding Reintegration After Civil War.” Economic Journal, 128(613): 1786–1819.
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Payne, Brian C., Jiri Tresl, and Geoffrey C. Friesen. 2018. “Sentiment and Stock Returns: Anticipating a Major Sporting Event.” Journal of Sports Economics, 19(6): 843–872.
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Protivínský, Tomáš, and Daniel Münich. 2018. “Gender Bias in Teachers’ Grading: What is in the Grade.” Studies in Educational Evaluation, 59(December): 141–149.
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Fagerberg, Jan, Bengt-Åke Lundvall, and Martin Srholec.  2018. “Global Value Chains, National Innovation Systems and Economic Development.” European Journal of Development Research, 30(3): 533–556.
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Slobodyan, Sergey. 2018. “Pitfalls of Coordination?.” International Journal of Central Banking, 14(3): 337–346.
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Adam, Tomáš, Soňa Benecká, and Jakub Matějů. 2018. “Financial Stress and Its Non-Linear Impact on CEE Exchange Rates.” Journal of Financial Stability, 36(June): 346–360.
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Maćkowiak, Bartosz, Filip Matějka, and Mirko Wiederholt. 2018. “Dynamic Rational Inattention: Analytical Results.” Journal of Economic Theory, 176(July): 650–692.
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Boháček, Radim, and Michal Kejak. 2018. “Optimal Government Policies in Models with Heterogeneous Agents.” Journal of Economic Theory, 176(July): 834–858.
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Anatolyev, Stanislav. 2018. “Almost Unbiased Variance Estimation in Linear Regressions with Many Covariates.” Economics Letters, 169(August): 20–23.
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Bauer, Michal, Jana Cahlíková, Julie Chytilová, and Tomáš Želinský. 2018. “Social Contagion of Ethnic Hostility.” Proceedings of the National Academy of Sciences of the United States of America, 115(19): 4881–4886.
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Kovářík, Jaromír, Friederike Mengel, and José Gabriel Romero. 2018. “Learning in Network Games.” Quantitative Economics, 9(1): 85–139.
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Gaule, Patrick, and Mario Piacentini. 2018. “An Advisor Like Me? Advisor Gender and Post-Graduate Careers in Science.” Research Policy, 47(4): 805–813.
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Stanek, Filip, and Jiri Kukacka. 2018. “The Impact of the Tobin Tax in a Heterogeneous Agent Model of the Foreign Exchange Market.” Computational Economics, 51(4): 865–892.
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Sidorkin, Oleg, and Dmitriy Vorobyev. 2018. “Political Cycles and Corruption in Russian Regions.” European Journal of Political Economy, 52(March): 55–74.
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Zapal, Jan. 2018. “Patience in Repeated Bargaining: Revisiting Muthoo (1999).” Journal of Mathematical Economics, 75(March): 150–153.
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Hernando-Veciana, Ángel, and Fabio Michelucci. 2018. “Inefficient Rushes in Auction.” Theoretical Economics, 13(1): 273–306.
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Novotný, Jan, and Giovanni Urga. 2018. “Testing for Co-Jumps in Financial Markets.” Journal of Financial Econometrics, 16(1): 118–128.
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Jerbashian, Vahagn, and Anna Kochanova. 2018. “Tele-Communications 2.0: the Age of the Internet.” B.E. Journal of Economic Analysis & Policy, 18(3), 1–8.
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Rečka Lukáš, and Milan Ščasný. 2018. “Brown Coal and Nuclear Energy Deployment: Effects on Fuel-Mix, Carbon Targets, and External Costs in the Czech Republic up to 2050.” Fuel, 216(March): 494–502.
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Ferris, Stephen P., Jan Hanousek, Anastasiya Shamshur, and Jiri Tresl. 2018. “Asymmetries in the Firm's Use of Debt to Changing Market Values.” Journal of Corporate Finance, 48(February): 542–555.
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Slavík, Ctirad, and Kevin Wiseman. 2018. “Tough Love for Lazy Kids: Dynamic Insurance and Equal Bequests.” Review of Economic Dynamics, 27(January): 64–80.
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2017

Bičáková, Alena. 2017. “A Note on Selection and Gender Unemployment Gaps.” Journal of Labor Research, 38(4): 428–438.
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Nunnari, Salvatore, and Jan Zápal. 2017. “Dynamic Elections and Ideological Polarization.” Political Analysis, 25(4): 505–534.
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Grillitsch, Markus, Roman Martin, and Martin Srholec. 2017. “Knowledge Base Combinations and Innovation Performance in Swedish Regions.” Economic Geography, 93(5): 458-479.
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Bičáková, Alena, and Štěpán Jurajda. 2017. “Gender Composition of College Graduates by Field of Study and Early Fertility.” Review of Economics of the Household, 15(4): 1323–1343.
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Boudreau, Kevin J., Tom Brady, Ina Ganguli, Patrick Gaule, Eva Guinan, Anthony Hollenberg, and Karim R. Lakhani. 2017. “A Field Experiment on Search Costs and the Formation of Scientific Collaborations." Review of Economics and Statistics, 99(4): 565–576.
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Nový, Michal, Michael L. Smith, and Tomáš Katrňák. 2017. “Inglehart’s Scarcity Hypothesis Revisited: Is Postmaterialism a Macro- or Micro-Level Phenomenon Around the World?.” International Sociology, 32(6): 683–706.
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Zápal, Jan. 2017. “Crafting Consensus.” Public Choice, 173(1–2): 169–200.
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Henningsen, Arne, Matěj Bělín, and Géraldine Henningsen. 2017. “New Insights into the Stochastic Ray Production Frontier.” Economics Letters, 156(July): 18–21.
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Meyer, Bruce D., and Nikolas Mittag. 2017. “Misclassification in Binary Choice Models.” Journal of Econometrics, 200(2): 295–311.
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Alimukhamedova, Nargiza, Randall Filer, and Jan Hanousek. 2017. “The Importance of Geographic Access for the Impact of Microfinance.” Development Policy Review, 35(September): 645–657.
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Podobnik, Boris, Marko Jusup, H. E. Stanley, and Dejan Kovac. 2017. “Predicting The Rise of EU Right-Wing Populism in Response to Unbalanced Immigration.” Complexity, 2017: 1–12.
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Duží, Barbora, Dmytro Vikhrov, Ilan Kelman, Robert Stojanov, and David Juřička. 2017. “Household Measures for River Flood Risk Reduction in the Czech Republic.” Journal of Flood Risk Management, 10(2): 253–266.
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Fungáčová, Zuzana, Anastasiya Shamshur, and Laurent Weill. 2017. “Does Bank Competition Reduce Cost of Credit? Cross-Country Evidence from Europe." Journal of Banking & Finance, 83(October): 104–120.
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Federičová, Miroslava, and Daniel Münich. 2017. “The Impact of High-Stakes School Admission Exams on Study Achievements: Quasi-Experimental Evidence from Slovakia.” Journal of Population Economics, 30(4): 1069–1092
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Calo-Blanco, Aitor, Jaromír Kovářík, Friederike Mengel, and José Gabriel Romero. 2017. “Natural Disasters and Indicators of Social Cohesion.” PLoS ONE, 12(6): 1–13.
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Tyrowicz, Joanna, Lucas van der Velde, and Jan Švejnar. 2017. “Effects of Labor Reallocation on Productivity and Inequality—Insights from Studies on Transition.” Journal of Economic Surveys, 31(3): 712–732.
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Gorinas, Cédric, and Mariola Pytliková. 2017. “The Influence of Attitudes toward Immigrants on International Migration.” International Migration Review, 51(2): 416–451.
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Jerbashian, Vahagn, and Anna Kochanova. 2017. “The Impact of Telecommunication Technologies on Competition in Services and Goods Markets: Empirical Evidence.” The Scandinavian Journal of Economics, 119(3): 628–655.
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Jurajda, Štěpán, Stanislav Kozubek, Daniel Münich, and Samuel Škoda. 2017. “Scientific Publication Performance in Post-Communist Countries: Still Lagging Far Behind.” Scientometrics, 112(July): 315–328.
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Fagerberg, Jan, and Martin Srholec. 2017. “Capabilities, Economic Development, Sustainability.” Cambridge Journal of Economics, 41(3): 905–926.
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Hernando-Veciana, Ángel, and Fabio Michelucci. 2017. “On the Efficiency of the First Price Auction.” Economics Letters, 156(July): 159–161.
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Anatolyev, Stanislav, and Pavel A. Yaskov. 2017. “Asymptotics of Diagonal Elements of Projection Matrices under Many Instruments/Regressors.” Econometric Theory, 33(3): 737–738.
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Engelmann, Dirk, Alistair Munro, and Marieta Valente. 2017. “On the Behavioural Relevance of Optional and Mandatory Impure Public Goods.” Journal of Economic Psychology, 61(August): 134–144.
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Anatolyev, Stanislav, Nikolay Gospodinov, Ibrahim Jamali, and Xiaochun Liu. 2017. “Foreign Exchange Predictability and the Carry Trade: A Decomposition Approach.” Journal of Empirical Finance, 42(June): 199–211.
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Palguta, Ján, and Filip Pertold. 2017. “Manipulation of Procurement Contracts: Evidence from the Introduction of Discretionary Thresholds.” American Economic Journal: Economic Policy, 9(2): 293–315.
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Steiner, Jakub, Colin Stewart, and Filip Matějka. 2017. “Rational Inattention Dynamics: Inertia and Delay in Decision-Making.” Econometrica, 85(2): 521–553.
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Ayesta, Urtzi, Peter Jacko, and Vladimir Novak. 2017. “Scheduling of Multi-Class Multi-Server Queueing Systems with Abandonments.” Journal of Scheduling, 20(2): 129–145.
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Feenberg, Daniel R., Ina Ganguli, Patrick Gaule, and Jonathan Gruber. 2017. “It's Good to be First: Order Bias in Reading and Citing NBER Working Papers.” Review of Economics and Statistics, 99(1): 32–39.
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Cahlíková, Jana, and Lubomír Cingl. 2017. “Risk Preferences under Acute Stress” Experimental Economics, 20(1): 209–236.
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Otrachshenko, Vladimir, Olga Popova, and Pavel Solomin. 2017. “Health Consequences of the Russian Weather.” Ecological Economics, 132(February): 290–306.
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Tsai, Shu-Ling, Michael L. Smith, and Robert M. Hauser. 2017. “Families, Schools, and Student Achievement Inequality: A Multilevel MIMIC Model Approach.” Sociology of Education, 90(1): 64–88.
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Broer, Tobias, Marek Kapička, and Paul Klein. 2017. “Consumption Risk Sharing with Private Information and Limited Enforcement.” Review of Economic Dynamics, 23(January): 170–190.
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Bowen, T. Renee, Ying Chen, Hülya Eraslan, and Jan Zápal. 2017. “Efficiency of Flexible Budgetary Institutions.” Journal of Economic Theory, 167(January): 148–176.
(Abstract) (Journal Homepage)

Vikhrov, Dmytro. 2017. “Immigration Policy Index.” Economics of Transition, 25(1): 3–46.
(Abstract) (Journal Homepage)

2016

Dmitriy Vorobyev. 2016. “Participation in fraudulent elections.” Social Choice and Welfare, 46(4): 863–892.
(Abstract) (Journal Homepage)

Otrachshenko, Vladimir, Olga Popova, and José Tavares. 2016. “Psychological Costs of Currency Transition: Evidence from the Euro Adoption.” European Journal of Political Economy, 45(December): 89–100.
(Abstract) (Journal Homepage)

Anatolyev, Stanislav, and Anton Petukhov. 2016. “Uncovering the Skewness News Impact Curve.” Journal of Financial Econometrics, 14(4): 746–771.
(Abstract) (Journal Homepage)

Fagerberg, Jan, and Martin Srholec. 2016. “Global Dynamics, Capabilities and the Crisis.” Journal of Evolutionary Economics, 26(4): 765–784.
(Abstract) (Journal Homepage)

Lavička, Hynek, Tomáš Lichard, and Jan Novotný. 2016. “Sand in the Wheels or Wheels in the Sand? Tobin Taxes and Market Crashes.” International Review of Financial Analysis, 47(October): 328–342.
(Abstract) (Journal Homepage)

Janský, Petr, Tomáš Křehlík, and Jiří Skuhrovec. 2016. “Do EU Funds Crowd out Other Public Expenditures? Evidence on the Additionality Principle from the Detailed Czech Municipalities’ Data.” European Planning Studies, 24(11): 2076–2095.
(Abstract) (Journal Homepage)

Nunnari, Salvatore, and Jan Zapal. 2016. “Gambler's Fallacy and Imperfect Best Response in Legislative Bargaining.” Games and Economic Behavior, 99(September): 275–294.
(Abstract) (Journal Homepage)

Ettinger, David, and Fabio Michelucci. 2016. “Creating a Winner’s Curse via Jump Bids.” Review of Economic Design, 20(3): 173–186.
(Abstract) (Journal Homepage)

Cai, Ruohong, Shuaizhang Feng, Michael Oppenheimer, and Mariola Pytlikova. 2016. “Climate Variability and International Migration: The Importance of the Agricultural Linkage.” Journal of Environmental Economics and Management, 79(September): 135–151.
(Abstract) (Journal Homepage)

Ettinger, David, and Fabio Michelucci. 2016. “Hiding Information in Open Auctions with Jump Bids.” Economic Journal, 126(594): 1484–1502.
(Abstract) (Journal Homepage)

Goryunov, Maxim, and Sergey Kokovin. 2016. “‘Vanishing Cities’: Can Urban Costs Explain Deindustrialization?.” Papers in Regional Science, 95(3): 633–651.
(Abstract) (Journal Homepage)

Bauer, Michal, Christopher Blattman, Julie Chytilová, Joseph Henrich, Edward Miguel, and Tamar Mitts. 2016. “Can War Foster Cooperation?.” Journal of Economic Perspectives, 30(3): 249–274.
(Abstract) (Journal Homepage)

Matějka, Filip. 2016. “Rationally Inattentive Seller: Sales and Discrete Pricing.” Review of Economic Studies, 83(3): 1125–1155.
(Abstract) (Journal Homepage)

Kovac, Dejan, Vuk Vukovic, Nikola Kleut, and Boris Podobnik. 2016. “To Invest or Not to Invest, That Is the Question: Analysis of Firm Behavior under Anticipated Shocks.” PLoS ONE, 11(8): 1–18.
(Abstract) (Journal Homepage)

Zapal, Jan. 2016. “Markovian Equilibria in Dynamic Spatial Legislative Bargaining: Existence with Three Players.” Games and Economic Behavior, 98(July): 235–242.
(Abstract) (Journal Homepage)

Steiner, Jakub, and Colin Stewart. 2016. “Perceiving Prospects Properly.” American Economic Review, 106(7): 1601–31.
(Abstract) (Journal Homepage)

Jurajda, Štěpán, and Daniel Münich. 2016. “Alphabetical Order Effects in School Admissions.” Research Papers in Education, 31(4): 483–498.
(Abstract) (Journal Homepage)

Gehrig, Thomas, Werner Güth, and René Levínský. 2016. “On the Value of Transparency and Information Acquisition in Bargaining.” German Economic Review, 17(3): 337–358.
(Abstract) (Journal Homepage)

Tsharakyan, Ashot, and Petr Zemčík. 2016. “Did Rent Deregulation Alter Tenure Choice Decisions in the Czech Republic?.” Economics of Transition, 24(2): 335–360.
(Abstract) (Journal Homepage)

Çelik, Levent, and Bilgehan Karabay. 2016. “Veto Players and Equilibrium Uniqueness in the Baron-Ferejohn Model.” Theory and Decision, 81(1): 33–52.
(Abstract) (Journal Homepage)

Bartoš, Vojtěch, Michal Bauer, Julie Chytilová, and Filip Matějka. 2016. “Attention Discrimination: Theory and Field Experiments with Monitoring Information Acquisition.” American Economic Review, 106(6): 1437–1475.
(Abstract) (Journal Homepage)

Senyuta, Olena, and Krešimir Žigić. 2016. “Managing Spillovers: an Endogenous Sunk Cost Approach.” Information Economics and Policy, 35(June): 45–64.
(Abstract) (Journal Homepage)

Smith, Michael, Shu-Ling Tsai, Petr Matějů, and Min-Hsiung Huang. 2016. “Educational Expansion and Inequality in Taiwan and the Czech Republic.” Comparative Education Review, 60(2): 339–374.
(Abstract) (Journal Homepage)

Jerbashian, Vahagn, and Anna Kochanova. 2016. “The impact of doing business regulations on investments in ICT.” Empirical Economics, 50(3): 991–1008.
(Abstract) (Journal Homepage)

Slobodyan, Sergey, Anna Bogomolova, and Dmitri Kolyuzhnov. 2016. “Stochastic Gradient Learning and Instability: An Example.” Macroeconomic Dynamics, 20(3): 777–790.
(Abstract) (Journal Homepage)

Kovářík, Jaromír, Dan Levin, and Tao Wang. 2016. “Ellsberg Paradox: Ambiguity and Complexity Aversions Compared.” Journal of Risk and Uncertainty, 52(1): 47–64.
(Abstract) (Journal Homepage)

Feldman, Naomi, Peter Katuščák, and Laura Kawano. 2016. “Taxpayer Confusion: Evidence from the Child Tax Credit.” American Economic Review, 106(3): 807–835.
(Abstract) (Journal Homepage)

Hanousek, Jan, and Anna Kochanova. 2016. “Bribery Environments and Firm Performance: Evidence from CEE Countries". European Journal of Political Economy, 43(June): 14–28.
(Abstract) (Journal Homepage)

Bernal, Pedro, Nikolas Mittag, and Javaeria A. Qureshi. 2016. “Estimating Effects of School Quality Using Multiple Proxies". Labour Economics, 39(April): 1–10.
(Abstract) (Journal Homepage)

Do, Linh Phuong Catherine, Kuan-Heng, Lin and Peter Molnár. 2016. “Electricity Consumption Modelling: A Case of Germany". Economic Modelling, 55(June):  92–101.
(Abstract) (Journal Homepage)

Çelik, Levent. 2016. “Competitive Provision of Tune-Ins under Common Private Information.” International Journal of Industrial Organization, 44(January): 113–122.
(Abstract) (Journal Homepage)

Domadenik, Polona, Janez Prašnikar, and Jan Švejnar. 2016. “Political Connectedness, Corporate Governance, and Firm Performance.” Journal of Business Ethics, 139(2): 411–428.
(Abstract) (Journal Homepage)

Filer, Randall K., and Dragana Stanišić. 2016. “The Effect of Terrorist Incidents on Capital Flows.” Review of Development Economics. 20(2): 502–513.
(Abstract) (Journal Homepage)

Horváth, Roman, Kateřina Šmídková, and Jan Zápal. 2016. “Voting in Central Banks: Theory Versus Stylized Facts.” The B.E. Journal of Economic Analysis & Policy, 16(4): 1–62.
(Abstract) (Journal Homepage)

Jerbashian, Vahagn. 2016. “Knowledge Licensing in a Model of R&D-Driven Endogenous Growth.” The B.E. Journal of Macroeconomics, 16(2): 555–579.
(Abstract) (Journal Homepage)

Kubera, B., J. Klement, C. Wagner, C. Rädel, J. Eggeling, S. C. Füllbrunn, M. C. Kaczmarek, René Levínský, and A. N. C. Peters. 2016. “Differences in Fairness and Trust Between Lean and Corpulent Men.” International Journal of Obesity, 40(11): 1802–1808.
(Abstract) (Journal Homepage)

Prokosheva, Sasha. 2016. Comparing decisions under compound risk and ambiguity: the importance of cognitive skills. Journal of Behavioral and Experimental Economics, 64(October): 94–105.
(Abstract) (Journal Homepage)

2015

Lanchava, Lasha, Kyle Carlson, Blanka Šebánková, Jaroslav Flegr, and Gideon Nave. 2015. “No Evidence of Association between Toxoplasma gondii Infection and Financial Risk Taking in Females.” PLoS ONE, 10(9): 1–17.
(Abstract) (Journal Homepage)

Bagchi, Sutirtha, and Jan Švejnar. 2015. “Does Wealth Inequality Matter for Growth? The Effect of Billionaire Wealth, Income Distribution, and Poverty.” Journal of Comparative Economics, 43(3): 505–530.
(Abstract) (Journal Homepage)

Jerbashian, Vahagn. 2015. “The Telecommunications Industry and Economic Growth: How the Market Structure Matters.” Economic Modelling, 51(December): 515–523.
(Abstract) (Journal Homepage)

Katuščák, Peter, Fabio Michelucci, and Miroslav Zajíček. 2015. “Does Feedback Really Matter in One-Shot First-Price Auctions?.” Journal of Economic Behavior & Organization, 119(November): 139–152.
(Abstract) (Journal Homepage)

Tashpulatov, Sherzod N. 2015. “Analysis of Electricity Industry Liberalization in Great Britain: How Did the Bidding Behavior of Electricity Producers Change?.” Utilities Policy, 36(October): 24–34.
(Abstract) (Journal Homepage)

Steiner, Jakub, and Colin Stewart. 2015. “Price Distortions under Coarse Reasoning with Frequent Trade.” Journal of Economic Theory, 159, Part A(September): 574–595.
(Abstract) (Journal Homepage)

Çelik, Levent, Bilgehan Karabay, and John McLaren. 2015. “When is it Optimal to Delegate: The Theory of Fast-track Authority.” American Economic Journal: Microeconomics, 7(3): 347–389.
(Abstract) (Journal Homepage)

Matějka, Filip. 2015. “Rigid Pricing and Rationally Inattentive Consumer.” Journal of Economic Theory, 158, Part B(July): 656–678.
(Abstract) (Journal Homepage)

Muñoz, Viviana, Fabiana Visentin, Dominique Forey, and Patrick Gaulé. 2015. “Can Medical Products Be Developed on a Non-Profit Basis? Exploring Product Development Partnerships for Neglected Diseases.” Science and Public Policy, 42(3): 315–338.
(Abstract) (Journal Homepage)

Novotný, Jan, Dmitri Petrov, and Giovanni Urga. 2015. “Trading Price Jump Clusters in Foreign Exchange Markets.” Journal of Financial Markets, 24(June): 66–92.
(Abstract) (Journal Homepage)

Goedhuys, Micheline, and Martin Srholec. 2015. “Technological Capabilities, Institutions and Firm Productivity: a Multilevel Study.” European Journal of Development Research, 27(1): 122–139.
(Abstract) (Journal Homepage)

Ambriško, Róbert, Jan Babecký, Jakub Ryšánek, and Vilém Valenta. 2015. “Assessing the Impact of Fiscal Measures on the Czech Economy.” Economic Modelling, 44(January): 350–357.
(Abstract) (Journal Homepage)

Gillman, Max, Michal Kejak, and Michal Pakoš. 2015. “Learning about Rare Disasters: Implications for Consumption and Asset Prices.” Review of Finance, 19(3): 1053–1104.
(Abstract) (Journal Homepage)

Hanousek, Jan, Evžen Kočenda, and Anastasiya Shamshur. 2015. “Corporate Efficiency in Europe.” Journal of Corporate Finance, 32(June): 24–40.
(Abstract) (Journal Homepage)

Anderson, Simon, and Levent Çelik. 2015. “Product Line Design.” Journal of Economic Theory, 157(May): 517–526.
(Abstract) (Journal Homepage)

Koman, Matjaž, Milan Lakičević, Janez Prašnikar, and Jan Švejnar. 2015. “Asset Stripping and Firm Survival in Mass Privatization: Testing the Hoff-Stiglitz and Campos-Giovannoni Models in Montenegro.” Journal of Comparative Economics, 43(2): 274–289.
(Abstract) (Journal Homepage)

Espinosa, María Paz, and Jaromír Kovářík. 2015. “Prosocial Behavior and Gender.” Frontiers in Behavioral Neuroscience, 9(Article 88): 1–17.
(Abstract) (Journal Homepage)

Kapička, Marek. 2015. “Optimal Mirrleesean Taxation in a Ben-Porath Economy.” American Economic Journal: Macroeconomics, 7(2): 219–248.
(Abstract) (Journal Homepage)

Engelmann, Dirk, and Nikos Nikiforakis. 2015. “In the Long-Run We Are All Dead: on the Benefits of Peer Punishment in Rich Environments.” Social Choice and Welfare, 45(3): 561–577.
(Abstract) (Journal Homepage)

Geršl, Adam, Petr Jakubík, Dorota Kowalczyk, Steven Ongena, and José-Luis Peydró. 2015. “Monetary Conditions and Banks’ Behaviour in the Czech Republic.” Open Economies Review, 26(3): 407–445.
(Abstract) (Journal Homepage)

Duží, Barbora, Dmytro Vikhrov, Ilan Kelman, Robert Stojanov, and Jiří Jakubínský.  2015. “Household Flood Risk Reduction in the Czech Republic.” Mitigation and Adaptation Strategies for Global Change, 20(4): 499–504.
(Abstract) (Journal Homepage)

Matějka, Filip, and Alisdair McKay. 2015. “Rational Inattention to Discrete Choices: A New Foundation for the Multinomial Logit Model.” American Economic Review, 105(1): 272–298.
(Abstract) (Journal Homepage)

Jurajda, Štěpán, and Daniel Münich. 2015. “Candidate Ballot Information and Election Outcomes: the Czech Case.” Post-Soviet Affairs, 31(5): 448–469.
(Abstract) (Journal Homepage)

2014

Horváth, Roman, Marek Rusnák, Kateřina Šmídková, and Jan Zápal. 2014. “The Dissent Voting Behaviour of Central Bankers: What Do We Really Know?” Applied Economics , 46(4): 450–461.
(Abstract) (Journal Homepage)

Hanousek, Jan, and Evžen Kočenda. 2014. “Factors of Trade in Europe.” Economic Systems, 38(4): 518–535.
(Abstract) (Journal Homepage)

Égert, Balázs, and Evžen Kočenda. 2014. “The Impact of Macro News and Central Bank Communication on Emerging European Forex Markets.” Economic Systems, 38(1): 73–88.
(Abstract) (Journal Homepage)

Vikhrov, Dmytro, Robert Stojanov, Barbora Duží, and David Juřička.  2014. “Commuting Patterns of Czech Households Exposed to Flood Risk from the Bečva River.” Environmental Hazards, 13(1): 58–72.
(Abstract) (Journal Homepage)

Engelmann, Dirk. 2014. “Coercion and Consent.” Journal of Institutional and Theoretical Economics-Zeitschrift für die Gesamte Staatswissenschaft, 170(1): 75–78.
(Abstract) (Journal Homepage)

Hsieh, Chih-Sheng, Jaromír Kovářík, and Trevon Logan. 2014. “How Central are Clients in Sexual Networks Created by Commercial Sex?.” Scientific Reports, 4(Article 7540): 1–8.
(Abstract) (Journal Homepage)

Montag, Josef. 2014. “A Radical Change in Traffic Law: Effects on Fatalities in the Czech Republic.” Journal of Public Health, 36(4): 539–545.
(Abstract) (Journal Homepage)

Loeper, Antoine, Jakub Steiner, and Colin Stewart. 2014. “Influential Opinion Leaders.” Economic Journal, 124(581): 1147–1167.
(Abstract) (Journal Homepage)

Hanousek, Jan, and Evžen Kočenda. 2014. “Factors of trade in Europe.” Economics Systems, 38(4): 518–535.
(Abstract) (Journal Homepage)

Bičáková, Alena. 2014. “The Trade-Off Between Unemployment and Wage Inequality Revisited.” Oxford  Economic Papers, 66(4): 891–915.
(Abstract) (Journal Homepage)

Kalíšková, Klára. 2014. “Labor Supply Consequences of Family Taxation: Evidence from the Czech Republic.” Labour Economics, 30(October): 234–244.
(Abstract) (Journal Homepage)

Srholec, Martin, and Pavla Žížalová. 2014. “Mapping the Geography of R&D: What Can We Learn for Regional Innovation Policy in the Czech Republic and Beyond?.” European Planning Studies, 22(9): 1862–1878.
(Abstract) (Journal Homepage)

Popova, Olga. 2014. “Can Religion Insure Against Aggregate Shocks to Happiness? The Case of Transition Countries.” Journal of Comparative Economics, 42(3): 804–818.
(Abstract) (Journal Homepage)

Babecký, Jan, Tomáš Havránek, Jakub Matějů, Marek Rusnák, Kateřina Šmídková, and Bořek Vašíček. 2014. “Banking, Debt, and Currency Crises in Developed Countries: Stylized Facts and Early Warning Indicators.” Journal of Financial Stability, 15(December): 1–17.
(Abstract) (Journal Homepage)

Christev, Atanas, and Sergey Slobodyan. 2014. “Learnability of E–stable Equilibria.” Macroeconomic Dynamics, 18(5): 959–984.
(Abstract) (Journal Homepage)

Aslanyan, Gurgen. 2014. “The Migration Challenge for PAYG.” Journal of Population Economics, 27(4): 1023–1038.
(Abstract) (Journal Homepage)

Marcellino, Massimiliano, and Yuliya Rychalovska. 2014. “Forecasting with a DSGE Model of a Small Open Economy within the Monetary Union.” Journal of Forecasting, 33(5): 315–338.
(Abstract) (Journal Homepage)

Blanco, Mariana, Dirk Engelmann, Alexander K. Koch, Hans-Theo Normann. 2014. “Preferences and Beliefs in a Sequential Social Dilemma: A Within-subjects Analysis.” Games and Economic Behavior, 87(September): 122–135.
(Abstract) (Journal Homepage)

Kováč, Eugen, and Krešimir Žigić. 2014. “International Competition in Vertically Differentiated Markets with Innovation and Imitation: Trade Policy versus Free Trade.” Economica, 81(323): 491–521.
(Abstract) (Journal Homepage)

Jeong, Byeongju. 2014. “Economic Growth in a Politically Fragmented World.” Journal of Comparative Economics, 42(2): 402–416.
(Abstract) (Journal Homepage)

Lízal, Lubomír M. and Sherzod Tashpulatov. 2014. “Do Producers Apply a Capacity Cutting Strategy to Increase Prices? The Case of the England and Wales Electricity Market.” Energy Economics, 43 (May): 114–124.
(Abstract) (Journal Homepage)

Çelik, Levent. 2014. “Information Unraveling Revisited: Disclosure of Horizontal Attributes.” Journal of Industrial Economics, 62(1): 113–136.
(Abstract) (Journal Homepage)

Tsuchimoto Menkyna, Fusako. 2014. “A Theory of Ethnic Diversity and Income Distribution: A Legislative Bargaining Approach.” European Journal of Political Economy, 34(June): 52–67.
(Abstract) (Journal Homepage)

Fagerberg, Jan, Maryann P. Feldman, and Martin Srholec. 2014. “Technological Dynamics and Social Capability: US States and European Nations.” Journal of Economic Geography, 14(2): 313–337.
(Abstract) (Journal Homepage)

Vikhrov, Dmytro, Robert Stojanov, Barbora Duží, and David Juřička. 2014. “Commuting Patterns of Czech Households Exposed to Flood Risk from the Bečva River.” Environmental Hazards, 13(1): 58–72.
(Abstract) (Journal Homepage)

Bauer, Michal, Julie Chytilová, and Barbara Pertold-Gebicka. 2014. “Parental Background and Other-Regarding Preferences in Children.” Experimental Economics, 17(1): 24–46.
(Abstract) (Journal Homepage)

Bauer, Michal, Alessandra Cassar, Julie Chytilová, and Joseph Henrich. 2014. “War's Enduring Effects on the Development of Egalitarian Motivations and In-group Biases.” Psychological Science, 25(1): 47–57.
(Abstract) (Journal Homepage)

Kolyuzhnov, Dmitri, Anna Bogomolova, and Sergey Slobodyan. 2014. “Escape Dynamics: A Continuous–Time Approximation.” Journal of Economic Dynamics and Control, 38(January): 161–183.
(Abstract) (Journal Homepage)

2013

Cassano, Francesca, Karin Jöeveer, and Jan Švejnar. 2013. “Cash flow vs. collateral-based credit: performance of micro, small and medium-sized firms in transition economies.” Economics of Transition, 21(2): 269–300.
(Abstract) (Journal Homepage)

Mathevet, Laurent, and Jakub Steiner. 2013. “Tractable Dynamic Global Games and Applications.” Journal of Economic Theory, 148(6): 2583–2619.
(Abstract) (Journal Homepage)

Çelik, Levent, Bilgehan Karabay, and John McLaren. 2013. “Trade Policy-Making in a Model of Legislative Bargaining.” Journal of International Economics, 91(2): 179–190.
(Abstract) (Journal Homepage)

van Koten, Silvester, and Andreas Ortmann. 2013. “Structural versus Behavioral Remedies in the Deregulation of Electricity Markets: An Experimental Investigation Motivated By Policy Concerns.” European Economic Review, 64(November): 256–265.
(Abstract) (Journal Homepage)

Břeský, Michal. 2013. “Revenue and Efficiency in Multi-Unit Uniform-Price Auctions.” Games and Economic Behavior, 82(November): 205–217.
(Abstract) (Journal Homepage)

Tashpulatov, Sherzod N. 2013. “Estimating the Volatility of Electricity Prices: The Case of the England and Wales Wholesale Electricity Market.” Energy Policy, 60: 81–90.
(Abstract) (Journal Homepage)

Pakoš, Michal. 2013. “Long-Run Risk and Hidden Growth Persistence.” Journal of Economic Dynamics and Control, 37(9): 1911–1928.
(Abstract) (Journal Homepage)

Kapička, Marek. 2013. "Efficient Allocations in Dynamic Private Information Economies with Persistent Shocks: A First-Order Approach."  Review of Economic Studies, 80(3): 1027–1054.
(Abstract) (Journal Homepage)

Gaulé, Patrick, and Mario Piacentini. 2013. “Chinese Graduate Students and U.S. Scientific Productivity.” Review of Economics and Statistics, 95(2): 698–701.
(Abstract) (Journal Homepage)

Filer, Randall K., and Daniel Münich. 2013. “Responses of Private and Public Schools to Voucher Funding.” Economics of Education Review, 34(June): 269–285.
(Abstract) (Journal Homepage)

Babecký, Jan, Tomáš Havránek, Jakub Matějů, Marek Rusnák, Kateřina Šmídková, and Bořek Vašíček. 2013. “Leading Indicators of Crisis Incidence: Evidence from Developed Countries.” Journal of International Money and Finance, 35(June): 1–19.
(Abstract) (Journal Homepage)

Steiner, Jakub, and Eugen Kováč. 2013. “Reversibility in Dynamic Coordination Problems.” Games and Economic Behavior, 77(January): 298–320.
(Abstract) (Journal Homepage)

Chen, Yan, Peter Katuščák, and Emre Ozdenoren. 2013. “Why Can't a Woman Bid More like a Man?” Games and Economic Behavior, 77(January): 181–213.
(Abstract) (Journal Homepage)

2012

Sabirianova Peter, Klara, Jan Švejnar, and Katherine Terrell. “Foreign Investment, Corporate Ownership, and Development: Are Firms in Emerging Markets Catching up to the World Standard.” Review of Economics and Statistics, 94(4): 981–999.
(Abstract) (Journal Homepage)

Hanousek, Jan, and Jan Novotný. 2012. “Price Jumps in Visegrad-Country Stock Markets: An Empirical Analysis.” Emerging Markets Review, 13(2): 184–201.
(Abstract) (Journal Homepage)

Boháček, Radim, and Josef Zubrický. 2012. “A Flat Tax Reform in an Economy with Occupational Choice and Financial Frictions.” Economic Journal, 122(565): 1313–1345.
(Abstract) (Journal Homepage)

Sákovics, József, and Jakub Steiner. 2012. “Who Matters in Coordination Problems?” American Economic Review, 102(7): 3439–3461.
(Abstract) (Journal Homepage)

Dušek, Libor. 2012. “Crime, Deterrence, and Democracy.” German Economic Review, 13(4): 447–469.
(Abstract) (Journal Homepage)

Engelmann, Dirk, and Veronika Grimm. 2012. “Mechanisms for Efficient Voting with Private Information about Preferences.” Economic Journal, 122(563): 1010–1041.
(Abstract) (Journal Homepage)

Stančík, Juraj, and Timo Välilä. 2012. “Changes in the Fiscal Stance and the Composition of Public Spending.” Empirical Economics, 43(1): 199–217.
(Abstract) (Journal Homepage)

Slobodyan, Sergey, and Raf Wouters. 2012. “Learning in a Medium-Scale DSGE Model with Expectations Based on Small Forecasting Models.” American Economic Journal: Macroeconomics, 4(2): 65–101.
(Abstract) (Journal Homepage)

Matějka, Filip, and Alisdair McKay. 2012. “Simple Market Equilibria with Rationally Inattentive Consumers.” American Economic Review, Papers and Proceedings, 102(3): 24–29.
(Abstract) (Journal Homepage)

Bauer, Michal, Julie Chytilová, and Jonathan Morduch. 2012. “Behavioral Foundations of Microcredit: Experimental and Survey Evidence from Rural India.” American Economic Review, 102(2): 1118–1139.
(Abstract) (Journal Homepage)

Engelmann, Dirk. 2012. “How Not to Extend Models of Inequality Aversion.” Journal of Economic Behavior & Organization, 81(2): 599–605.
(Abstract) (Journal Homepage)

Konečný, Tomáš, Josef Basl, Jan Mysliveček, and Natalie Simonová. 2012. “Alternative Models of Entrance Exams and Access to Higher Education: The Case of the Czech Republic.” Higher Education, 63(2): 219–235.
(Abstract) (Journal Homepage)

Slobodyan, Sergey, and Raf Wouters. 2012. “Learning in an Estimated Medium-Scale DSGE Model.” Journal of Economic Dynamics and Control, 36(1): 26–46.
(Abstract) (Journal Homepage)

Bena, Jan, and Peter Ondko. 2012. “Financial Development and the Allocation of External Finance.” Journal of Empirical Finance, 19(1): 1–25.
(Abstract) (Journal Homepage)

2011

Srholec, Martin. 2011. “A Multilevel Analysis of Innovation in Developing Countries.” Industrial and Corporate Change, 20(6): 1539–1569.
(Abstract) (Journal Homepage)

Žigić, Krešimir, and Ilir Maçi. 2011. “Competition Policy and Market Leaders.” Economic Modelling, 28(3): 1042–1049.
(Abstract) (Journal Homepage)

Malečková, Jitka, and Dragana Stanišić. 2011. “Public Opinion and Terrorist Acts.” European Journal of Political Economy, 27(S1): S107–S121.
(Abstract) (Journal Homepage)

Žigić, Krešimir. 2011. “Does a ‘Non-Committed’ Government Always Generate Lower Social Welfare than Its ‘Committed’ Counter-Part? Strategic Trade Policy When Consumer Surplus Matters.” Journal of Comparative Economics, 39(4): 533–556.
(Abstract) (Journal Homepage)

Hernando-Veciana, Ángel, and Fabio Michelucci. 2011. “Second Best Efficiency and the English Auction.” Games and Economic Behavior, 73(2): 496–506.
(Abstract) (Journal Homepage)

Hanousek, Jan, and Evžen Kočenda. 2011. “Foreign News and Spillovers in Emerging European Stock Markets.” Review of International Economics, 19(1): 170–188.
(Abstract) (Journal Homepage)

Hanousek, Jan, and Anastasiya Shamshur. 2011. “A Stubborn Persistence: Is the Stability of Leverage Ratios Determined by the Stability of the Economy?” Journal of Corporate Finance, 17(5): 1360–1376.
(Abstract) (Journal Homepage)

Égert, Balázs, and Evžen Kočenda. 2011. “Time-Varying Synchronization of European Stock Markets.” Empirical Economics, 40(2): 394–407.
(Abstract) (Journal Homepage)

Bubák, Vít, Evžen Kočenda, and Filip Žikeš. 2011. “Volatility Transmission in Emerging European Foreign Exchange Markets.” Journal of Banking and Finance, 35(11): 2829–2841.
(Abstract) (Journal Homepage)

Brůha, Jan, and Jiří Podpiera. 2011. “The Dynamics of Economic Convergence: The Role of Alternative Investment Decisions.” Journal of Economic Dynamics and Control, 35(7): 1032–1044.
(Abstract) (Journal Homepage)

Engelmann, Dirk, and Wieland Müller. 2011. “Collusion through Price Ceilings? In Search of a Focal-Point Effect.” Journal of Economic Behavior & Organization, 79(3): 291–302.
(Abstract) (Journal Homepage)

Jurajda, Štěpán, and Daniel Münich. 2011. “Gender Gap in Performance under Competitive Pressure: Admissions to Czech Universities.” American Economic Review: Papers and Proceedings, 101(3): 514–518.
(Abstract) (Journal Homepage)

Bena, Jan, and Štěpán Jurajda. 2011. “Financial Development and Corporate Growth in the EU Single Market.” Economica, 78(311): 401–428.
(Abstract) (Journal Homepage)

Pakoš, Michal. 2011. “Estimating Intertemporal and Intratemporal Substitutions When Both Income and Substitution Effects Are Present: The Role of Durable Goods.” Journal of Business & Economic Statistics, 29(3): 439–454.
(Abstract) (Journal Homepage)

Blanco, Mariana, Dirk Engelmann, and Hans Theo Normann. 2011. “A Within-Subject Analysis of Other-Regarding Preferences.” Games and Economic Behavior, 72(2): 321–338.
(Abstract) (Journal Homepage)

Gillman, Max, and Michal Kejak. 2011. “Inflation, Investment and Growth: a Banking Approach.” Economica, 78(310): 260–282.
(Abstract) (Journal Homepage)

Commander, Simon, and Jan Švejnar. 2011. “Business Environment, Exports, Ownership, and Firm Performance.” Review of Economics and Statistics, 93(1): 309–337.
(Abstract) (Journal Homepage)

Hanousek, Jan, and Evžen Kočenda. 2011. “Learning by Investing: Evidence from a Naturally-Occurring Auctions.” Economics of Transition, 19(1): 125–149.
(Abstract) (Journal Homepage)

2010

Jurajda, Štěpán, and Daniel Münich. 2010. “Admission to Selective Schools, Alphabetically.” Economics of Education Review, 29(6): 1100–1109.
(Abstract) (Journal Homepage)

Kováč, Eugen, Viatcheslav Vinogradov, and Krešimir Žigić. 2010. “Technological Leadership and Persistence of Monopoly under Endogenous Entry: Static versus Dynamic Analysis.” Journal of Economic Dynamics & Control, 34(8): 1421–1441.
(Abstract) (Journal Homepage)

Blanco, Mariana, Dirk Engelmann, Alexander K. Koch, and Hans Theo Normann. 2010. “Belief Elicitation in Experiments: Is There a Hedging Problem?” Experimental Economics, 13(4): 412–438.
(Abstract) (Journal Homepage)

Brůha, Jan, and Jiří Podpiera. 2010. “Real Exchange Rates in Emerging Economies.” Economics of Transition, 18(3): 599–628.
(Abstract) (Journal Homepage)

Earnhart, Dietrich, and Lubomír Lízal. 2010. “Effect of Corporate Economic Performance on Firm-Level Environmental Performance in a Transition Economy.” Environmental & Resource Economics, 46(3): 303–329.
(Abstract) (Journal Homepage)

Bauer, Michal, and Julie Chytilová. 2010. “The Impact of Education on Subjective Discount Rate in Ugandan Villages.” Economic Development and Cultural Change, 58(4): 643–669.
(Abstract) (Journal Homepage)

Poghosyan, Tigran, and Arsen Poghosyan. 2010. “Foreign Bank Entry, Bank Efficiency and Market Power in Central and Eastern European Countries.” Economics of Transition, 18(3): 571–598.
(Abstract) (Journal Homepage)

Engelmann, Dirk, and Hans Theo Normann. 2010. “Maximum Effort in the Minimum-Effort Game.” Experimental Economics, 13(3): 249–259.
(Abstract) (Journal Homepage)

Benk, Szilárd, Max Gillman, and Michal Kejak. 2010. “A Banking Explanation of the US Velocity of Money: 1919–2004.” Journal of Economic Dynamics & Control, 34(4): 765–779.
(Abstract) (Journal Homepage)

Engelmann, Dirk, and Guillaume Hollard. 2010. “Reconsidering the Effect of Market Experience on the ‘Endowment Effect’.” Econometrica, 78(6): 2005–2019.
(Abstract) (Journal Homepage)

Dinga, Marián, and Daniel Münich. 2010. “The Impact of Territorially Concentrated FDI on Local Labor Markets: Evidence from the Czech Republic.” Labour Economics, 17(2): 354–367.
(Abstract) (Journal Homepage)

Lavička, Hynek, Lin Lin, and Jan Novotný. 2010. “Employment, Production and Consumption Model: Patterns of Phase Transitions.” Physica A: Statistical Mechanics and its Applications, 389(8): 1708–1720.
(Abstract) (Journal Homepage)

Baghdasaryan, Delia, and Krešimir Žigić. 2010. “Tariffs, Market Conduct and Government Commitment.” Economics of Transition, 18(1): 91–122.
(Abstract) (Journal Homepage)

2009

Rydval, Ondřej, Andreas Ortmann, Sasha Prokosheva, and Ralph Hertwig. 2009. “How Certain Is the Uncertainty Effect?” Experimental Economics, 12(4): 473–487.
(Abstract) (Journal Homepage)

Kočenda, Evžen, and Tigran Poghosyan. 2009. “Macroeconomic Sources of Foreign Exchange Risk in New EU Members.” Journal of Banking and Finance, 33(11): 2164–2173.
(Abstract) (Journal Homepage)

Rydval, Ondřej, Andreas Ortmann, and Michal Ostatnický. 2009. “Three Very Simple Games and What It Takes to Solve Them.” Journal of Economic Behavior & Organization, 72(1): 589–601.
(Abstract) (Journal Homepage)

Katuščák, Peter. 2009. “Taxes and Executive Compensation: Evidence from the 1990s.” CESifo Economic Studies, 55(3–4): 542–568.
(Abstract) (Journal Homepage)

Estrin, Saul, Jan Hanousek, Evžen Kočenda, and Jan Švejnar. 2009. “Effects of Privatization and Ownership in Transition Economies.” Journal of Economic Literature, 47(3): 699–728.
(Abstract) (Journal Homepage)

Krueger, Alan, and Jitka Malečková. 2009. “Attitudes and Action: Public Opinion and the Occurrence of International Terrorism.” Science, 325(5947): 1534–1536.
(Abstract) (Journal Homepage)

Kováč, Eugen, and Tymofiy Mylovanov. 2009. “Stochastic Mechanisms in Settings without Monetary Transfers: The Regular Case.” Journal of Economic Theory, 144(4): 1373–1395.
(Abstract) (Journal Homepage)

Jurajda, Štěpán, and Teodora Paligorova. 2009. “Czech Female Managers and Their Wages.” Labour Economics, 16(3): 342–351.
(Abstract) (Journal Homepage)

Engelmann, Dirk, and Veronika Grimm. 2009. “Bidding Behaviour in Multi-Unit Auctions—an Experimental Investigation.” Economic Journal, 119(537): 855–882.
(Abstract) (Journal Homepage)

Jurajda, Štěpán, and Katherine Terrell. 2009. “Regional Unemployment and Human Capital in Transition Economies.” Economics of Transition, 17(2): 241–274.
(Abstract) (Journal Homepage)

Hanousek, Jan, Evžen Kočenda, and Jan Švejnar. 2009. “Divestitures, Privatization and Corporate Performance in Emerging Markets.” Economics of Transition, 17(1): 43–73.
(Abstract) (Journal Homepage)

2008

Kočenda, Evžen, Jan Hanousek, and Dirk Engelmann. 2008. “Currencies, Competition, and Clans.” Journal of Policy Modeling, 30(6): 1115–1132.
(Abstract) (Journal Homepage)

Boháček, Radim. 2008. “Efficiency–Equality Trade-off of Social Insurance.” Macroeconomic Dynamics, 12(5): 619–640.
(Abstract) (Journal Homepage)

Ortmann, Andreas. 2008. “Prospecting Neuroeconomics.” Economics and Philosophy, 24(3): 431–448.
(Abstract) (Journal Homepage)

Hertwig, Ralph, and Andreas Ortmann. 2008. “Deception in Social Psychological Experiments: Two Misconceptions and a Research Agenda.” Social Psychology Quarterly, 71(3): 222–227.
(Abstract) (Journal Homepage)

Krajč, Marian, and Andreas Ortmann. 2008. “Are the Unskilled Really That Unaware? An Alternative Explanation.” Journal of Economic Psychology, 29(5): 724–738.
(Abstract) (Journal Homepage)

Jurajda, Štěpán, and Katherine Terrell. 2008. “Job Reallocation in Two Cases of Massive Adjustment in Eastern Europe.” World Development, 36(11): 2144–2169.
(Abstract) (Journal Homepage)

Van Koten, Silvester, and Andreas Ortmann. 2008. “The Unbundling Regime for Electricity Utilities in the EU: A Case of Legislative and Regulatory Capture?” Energy Economics, 30(6): 3128–3140.
(Abstract) (Journal Homepage)

Benk, Szilárd, Max Gillman, and Michal Kejak. 2008. “Money Velocity in an Endogenous Growth Business Cycle with Credit Shocks.” Journal of Money, Credit and Banking, 40(6): 1281–1293.
(Abstract) (Journal Homepage)

Jeong, Byeongju, Michal Kejak, and Viatcheslav Vinogradov. 2008. “Changing Compositon of Human Capital: The Czech Republic, Hungary and Poland.” Economics of Transition, 16(2): 247–271.
(Abstract) (Journal Homepage)

Gupta, Nandini, John Ham, and Jan Švejnar. 2008. “Priorities and Sequencing in Privatization: Evidence from Czech Firm Panel Data.” European Economic Review, 52(2): 183–208.
(Abstract) (Journal Homepage)

Poghosyan, Tigran, Evžen Kočenda, and Petr Zemčík. 2008. “Modeling Foreign Exchange Risk Premium in Armenia.” Emerging Markets Finance and Trade, 44(1): 41–61.
(Abstract) (Journal Homepage)

Ryvkin, Dmitry, and Andreas Ortmann. 2008. “The Predictive Power of Three Prominent Tournament Formats.” Management Science, 54(3): 492–504.
(Abstract) (Journal Homepage)

Boháček, Radim. and Marek Kapička. 2008. “Optimal Human Capital Policies.” Journal of Monetary Economics, 55(1): 1–16.
(Abstract) (Journal Homepage)

Hertwig, Ralph and Andreas Ortmann. 2008. “Deception in Experiments: Revisiting the Arguments in Its Defense.” Ethics & Behavior, 18(1): 59–92.
(Abstract) (Journal Homepage)

2007

Earnhart, Dietrich, and Lubomír Lízal. 2007. “Direct and Indirect Effects of Ownership on Firm-Level Environmental Performance.” Eastern European Economics, 45(4): 66–87.
(Abstract) (Journal Homepage)

Devetag, Giovanna, and Andreas Ortmann. 2007. “When and Why? A Critical Survey on Coordination Failure in the Laboratory.” Experimental Economics, 10(3): 331–344.
(Abstract) (Journal Homepage)

Boháček, Radim, and Hugo Mendizábal. 2007. “Credit Markets and the Propagation of Monetary Policy Shocks.” Journal of Money, Credit and Banking, 39(6): 1429–1455.
(Abstract) (Journal Homepage)

Münich, Daniel, and Jan Švejnar. 2007. “Unemployment in East and West Europe.” Labour Economics, 14(4): 681–694.
(Abstract) (Journal Homepage)

Chen, Yan, Peter Katuščák, and Emre Ozdenoren. 2007. “Sealed Bid Auctions with Ambiguity: Theory and Experiments.” Journal of Economic Theory, 136(1): 513–535.
(Abstract) (Journal Homepage)

Kazakova, Elena. 2007. “Wages in a Growing Russia: When Is a 10 Per Cent Rise in the Gender Wage Gap Good News?” Economics of Transition, 15(2): 365–392.
(Abstract) (Journal Homepage)

Jurajda, Štěpán, and Heike Harmgart. 2007. “When do Female Occupations Pay More?” Journal of Comparative Economics, 35(1): 170–187.
(Abstract) (Journal Homepage)

Slobodyan, S.: "Indeterminacy and stability in a modified Romer model." Journal of Macroeconomics, Vol. 29, No. 1, March 2007, 169–177.
(Abstract Abstract) (Journal Homepage)

Noguera, José, and Rowena Pecchenino. 2007. “OPEC and the International Oil Market: Can a Cartel Fuel the Engine of Economic Development?” International Journal of Industrial Organization, 25(1): 187–199.
(Abstract) (Journal Homepage)

Blume, Andreas, and Andreas Ortmann. 2007. “The Effects of Costless Pre-play Communication: Experimental Evidence from Games with Pareto-Ranked Equilibria.” Journal of Economic Theory, 132(1): 274–290.
(Abstract) (Journal Homepage)

Hanousek, Jan, Evžen Kočenda, and Jan Švejnar. 2007. “Origin and Concentration: Corporate Ownership, Control and Performance in Firms after Privatization.” Economics of Transition, 15(1): 1–31.
(Abstract) (Journal Homepage)

2006

Kočenda, Evžen, and Juraj Valachy. 2006. “Exchange Rate Volatility and Regime Change: Visegrad Comparison.” Journal of Comparative Economics, 34(4): 727–753.
(Abstract) (Journal Homepage)

Boháček, Radim. 2006. “Financial Constraints and Entrepreneurial Investment.” Journal of Monetary Economics, 53(8): 2195–2212.
(Abstract) (Journal Homepage)

Hanousek, Jan, and Filip Palda. 2006. “Problems Measuring the Underground Economy in Transition.” Economics of Transition, 14(4): 707–718.
(Abstract) (Journal Homepage)

Noguera, José, and Susan Linz. 2006. “Barter, Credit and Welfare: A Theoretical Inquiry into the Barter Phenomenon in Russia.” Economics of Transition, 14(4): 719–745.
(Abstract) (Journal Homepage)

Earnhart, Dietrich, and Lubomír Lízal. 2006. “Effects of Ownership and Financial Status on Corporate Environmental Performance.” Journal of Comparative Economics, 34(1): 111–129.
(Abstract) (Journal Homepage)

Gilbert, Scott, and Petr Zemčík. 2006. “Who's Afraid of Reduced-Rank Parameterizations of Multivariate Models? Theory and Example.” Journal of Multivariate Analysis, 97(4): 925–945.
(Abstract) (Journal Homepage)

2005

Benk, Szilárd, Max Gillman, and Michal Kejak. 2005. “A Comparison of Exchange Economies within a Monetary Business Cycle.” Manchester School, 73(4): 542–562.
(Abstract) (Journal Homepage)

Slemrod, Joel, and Peter Katuščák. 2005. “Do Trust and Trustworthiness Pay Off?” Journal of Human Resources, 40(3): 621–646.
(Abstract) (Journal Homepage)

Lodewijks, John. 2005. “The ET Interview: Professor Jan Kmenta.” Econometric Theory, 21(3): 621–645.
(Abstract) (Full Text) (Journal Homepage)

Gilbert, Scott, and Petr Zemčík. 2005. “Testing for Latent Factors in Models with Autocorrelation and Heteroskedasticity of Unknown Form.” Southern Economic Journal, 72(1): 236–252.
(Abstract) (Journal Homepage)

Rydval, Ondřej, and Andreas Ortmann. 2005. “Loss Avoidance as Selection Principle: Evidence from Simple Stag-Hunt Games.” Economics Letters, 88(1): 101–107.
(Abstract) (Journal Homepage)

Benk, Szilárd, Max Gillman, and Michal Kejak. 2005. “Credit Shocks in the Financial Deregulatory Era: Not the Usual Suspects.” Review of Economic Dynamics, 8(3): 668–687.
(Abstract) (Journal Homepage)

Münich, Daniel, Jan Švejnar, and Katherine Terrell. 2005. “Is Women's Human Capital Valued More by Markets than by Planners?” Journal of Comparative Economics, 33(2): 278–299.
(Abstract) (Journal Homepage)

Basu, Swati, Saul Estrin, and Jan Švejnar. 2005. “Employment Determination in Enterprises under Communism and in Transition: Evidence from Central Europe.” Industrial and Labor Relations Review, 58(3): 353–369.
(Abstract) (Journal Homepage)

Gillman, Max, and Michal Kejak. 2005. “Contrasting Models of the Effect of Inflation on Growth.” Journal of Economic Surveys, 19(1): 113–136.
(Abstract) (Journal Homepage)

Tyran, Jean-Robert, and Dirk Engelmann. 2005. “To Buy or Not to Buy? An Experimental Study of Consumer Boycotts in Retail Markets.” Economica, 72(285): 1–16.
(Abstract) (Journal Homepage)

Münich, Daniel, Jan Švejnar, and Katherine Terrell. 2005. “Returns to Human Capital from the Communist Wage Grid to Transition: Retrospective Evidence from Czech Micro Data.” Review of Economics and Statistics, 87(1): 100–123.
(Abstract) (Journal Homepage)

Slobodyan, Sergey. 2005. “Indeterminacy, Sunspots, and Development Traps.” Journal of Economic Dynamics and Control, 29(1–2): 159–185.
(Abstract) (Journal Homepage)

Babetskii, Ian. 2005. “Trade Integration and Synchronization of Shocks: Implications for EU Enlargement.” Economics of Transition, 13(1): 105–138.
(Abstract) (Journal Homepage)

Gillman, Max, and Michal Kejak. 2005. “Inflation and Balanced-Path Growth with Alternative Payment Mechanisms.” Economic Journal, 115(500): 247–270.
(Abstract) (Journal Homepage)

2004

Babetskaia-Kukharchuk, Oxana, and Matilde Maurel. 2004. “Russia's Accession to the WTO: The Potential for Trade Increase.” Journal of Comparative Economics, 32(4): 680–699.
(Abstract) (Journal Homepage)

Rydval, Ondřej, and Andreas Ortmann. 2004. “How Financial Incentives and Cognitive Abilities Affect Task Performance in Laboratory Settings: An Illustration.” Economics Letters, 85(3): 315–320.
(Abstract) (Journal Homepage)

Hanousek, Jan, and Randall Filer. 2004. “Consumers' Opinion of Inflation Bias Due to Quality Improvements.” Economic Development and Cultural Change, 53(1): 235–254.
(Abstract) (Journal Homepage)

Engelmann, Dirk, and Martin Strobel. 2004. “Inequality Aversion, Efficiency, and Maximum Preferences in Simple Distribution Experiments.” American Economic Review, 94(4): 857–869.
(Abstract) (Journal Homepage)

Gillman, Max, and Michal Kejak. 2004. “!---->The Demand for Bank Reserves and Other Monetary Aggregates.” Economic Inquiry, 42(3): 518–533.
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Journal Homepage)

Babetskii, Ian, Laurence Boone, and Matilde Maurel. 2004. “Exchange Rate Regimes and Shocks Asymmetry: The Case of the Accession Countries.” Journal of Comparative Economics, 32(2): 212–229.
(Abstract) (Journal Homepage)

Ortmann, Andreas, and Michal Ostatnický. 2004. “Proper Experimental Design and Implementation Are Necessary Conditions for a Balanced Social Psychology.” Behavioral and Brain Sciences, 27(3): 352–353.
(Abstract) (Journal Homepage)

Hanousek, Jan, and Filip Palda. 2004. “Quality of Government Services and the Civic Duty to Pay Taxes in the Czech and Slovak Republics, and Other Transition Countries.” Kyklos, 57(2): 237–252.
(Abstract) (Journal Homepage)

Hanousek, Jan, and Randall Filer. 2004. “Investment, Credit Rationing, and the Soft Budget Constraint: What Would a Well-Functioning Credit Market Look Like?” Economics Letters, 82(3): 385–390.
(Abstract) (Journal Homepage)