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 Academic Skills Center. For potential submissions, please contact the editor at This email address is being protected from spambots. You need JavaScript enabled to view it..

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673. Jeong, Byeongju. September 2020. “Talent Rewards, Talent Uncertainty, and Career Tracks”  (Abstract) (Full Text) (Additional Materials)

672. Bianchi, Daniele and Mykola Babiak. September 2020. “On the Performance of Cryptocurrency Funds”  (Abstract) (Full Text) (Additional Materials)

671. Žigić, Krešimir, Jiří Střelický, and Michael Kúnin. September 2020. “Private and Public IPR Protection in a Vertically Differentiated Software Duopoly”  (Abstract) (Full Text)

670. Mikhalishchev, Sergei. September 2020. “Optimal Menu when Agents Make Mistakes”  (Abstract) (Full Text)

669. Bakota, Ivo. September 2020. “Avoiding Root-Finding in the Krusell-Smith Algorithm Simulation”  (Abstract) (Full Text)

668. Bakota, Ivo. September 2020. “Capital Income Taxation with Portfolio Choice”  (Abstract) (Full Text)

667. Bakota, Ivo. September 2020. “Firm Leverage and Wealth Inequality”  (Abstract) (Full Text)

666. Barili, Emilia, Paola Bertoli, and Veronica Grembi. September 2020. “Neighborhoods, Networks, and Delivery Methods”  (Abstract) (Full Text)

665. Amin, Abu, Blake Bowler, Mostafa Monzur Hasan, Gerald L. Lobo, and Jiří Trešl. September 2020. “Firm Life Cycle and Cost of Debt”  (Abstract) (Full Text)

664. Barili, Emilia, Paola Bertoli, and Veronica Grembi. August 2020. “Fee Equalization and Appropriate Health Care”  (Abstract) (Full Text)

663. Brushko, Iuliia, Stephen P. Ferris, Jan Hanousek, and Jiří Trešl. August 2020. “Intra-Industry Transfer of Information Inferred From Trading Volume”  (Abstract) (Full Text)

662. Lichard, Tomáš, Filip Pertold, and Samuel Škoda. August 2020. “Do Women Face a Glass Ceiling at Home? The Division of Household Labor among Dual-Earner Couples”  (Abstract) (Full Text)

661. Flanery, Mark J., Jan Hanousek, Anastasiya Shamshur, and Jiří Trešl. July 2020. “M&A Activity and the Capital Structure of Target Firms”  (Abstract) (Full Text)

660. Bukovina, Jaroslav, Tomáš Lichard, Ján Palguta, and Branislav Žúdel. July 2020. “Tax Reforms and Inter-temporal Shifting of Corporate Income: Evidence from Tax Records in Slovakia”  (Abstract) (Full Text)

659. Ferris, Stephen P., Jan Hanousek, and Jiří Trešl. June 2020. “Corporate Profitability and the Global Persistence of Corruption”  (Abstract) (Full Text)

658. Drlje, Marin. May 2020. “Identification of School Admission Effects Using Propensity Scores Based on a Matching Market Structure”  (Abstract) (Full Text)  

657. Arkhangelsky, Dmitry and Vasily Korovkin. May 2020. “On Policy Evaluation with Aggregate Time-Series Shocks”  (Abstract) (Full Text

656. Van Koten, Silvester. May 2020. “The Forward Premium in Electricity Markets: An Experimental Study”  (Abstract) (Full Text

655. Bertoli, Paola, Veronica Grembi, and Judit Vall-Castello. February 2020. “The Ramadan Effect in the Workplace”  (Abstract) (Full Text

654. Miklánek, Tomáš and Miroslav Zajíček. January 2020. “Personal Traits and Trading in an Experimental Asset Market”  (Abstract) (Full Text

653. Bauer, Michal, Julie Chytilová, and Edward Miguel. January 2020. “Using Survey Questions to Measure Preferences: Lessons from an Experimental Validation in Kenya”  (Abstract) (Full Text

652. Svitáková, Klára and Michal Šoltés. January 2020. “Sorting of Candidates: Evidence from 20,000 Electoral Ballots”  (Abstract) (Full Text


651. Anatolyev, Stanislav, Sergei Seleznev, and Veronika Selezneva. December 2019. “Does Index Arbitrage Distort the Market Reaction to Shocks?”  (Abstract) (Full Text) (Additional Materials)

650. Benk, Szilard and Max Gillman. December 2019. “Granger Predictability of Oil Prices after the Great Recession”  (Abstract) (Full Text)

649. Czura, Kristina, Andreas Menzel, and Martina Miotto. December 2019. “Menstrual Health, Worker Productivity and Well-being among Female Bangladeshi Garment Workers”  (Abstract) (Full Text)

648. Gillman, Max. December 2019. “A Human Capital Theory of Structural Transformation”  (Abstract) (Full Text)

647. Laxton, Dali T. December 2019. “Innovations in the Wind Energy Sector”  (Abstract) (Full Text)

646. Jurajda, Štěpán and Tomáš Jelínek. December 2019. “Surviving Auschwitz with Pre-Existing Social Ties”  (Abstract) (Full Text)

645. Matveenko, Andrei and Sergei Mikhalishchev. November 2019. “Attentional Role of Quota Implementation”  (Abstract) (Full Text)

644. Kudashvili, Nikoloz and Philipp Lergetporer. October 2019. “Do Minorities Misrepresent Their Ethnicity to Avoid Discrimination?”  (Abstract) (Full Text) (Additional Materials

643. Abramishvili, Zurab, William Appleman, and Sergii Maksymovych. August 2019. “Parental Gender Preference in the Balkans and Scandinavia: Gender Bias or Differential Costs?”  (Abstract) (Full Text)

642. Luna Alpizar, Jose Luis. May 2019. “Worker Heterogeneity and the Asymmetric Effects of Minimum Wages”  (Abstract) (Full Text)

641. Adunts, Davit and Geghetsik Afunts. April 2019. “Seasonal Migration and Education of Children Left Behind: Evidence from Armenia”  (Abstract) (Full Text)

640. Babiak, Mykola and Roman Kozhan. April 2019. “Parameter Learning in Production Economies”  (Abstract) (Full Text)

639. Vuletić Čugalj, Danijela. April 2019. “Gender-Based Favoritism in Blood Donations: Evidence from a Field Experiment”  (Abstract) (Full Text)

638. Hrendash, TarasApril 2019. “Prioritized Examination and its Impact on Commercialization of Patents”  (Abstract) (Full Text)

637. Travova, EkaterinaApril 2019. “Under Pressure? Performance Evaluation of Police Officers as an Incentive to Cheat: Evidence from Drug Crimes in Russia”  (Abstract) (Full Text)

636. Kostrov, Alexander and Mikhail MamonovMarch 2019. “The Formation of Hidden Negative Capital in Banking: A Product Mismatch Hypothesis”  (Abstract) (Full Text)


635. Van Koten, SilvesterDecember 2018. “Self-regulation and Meta-regulation – Regulating the Members or the SRO. A Theoretical and Experimental Study”  (Abstract) (Full Text)

634. Agarwal, Ruchir and Patrick GauléDecember 2018. “Invisible Geniuses: Could the Knowledge Frontier Advance Faster?”  (Abstract) (Full Text)

633. Bertoli, Paola and Veronica GrembiDecember 2018. “The Political Cycle of Road Traffic Accidents”  (Abstract) (Full Text) (Updated Version, July 2019

632. Bauer, Michal, Jana Cahlíková, Dagmara Celik Katreniak, Julie Chytilová, Lubomír Cingl, and Tomáš ŽelinskýNovember 2018. “Anti-social Behavior in Groups”  (Abstract) (Full Text)

631. Katuščák, Peter and Tomáš MiklánekNovember 2018. “What Drives Conditional Cooperation in Public Goods Games?”  (Abstract) (Full Text)

630. Palguta, Ján and Filip PertoldNovember 2018. “Do Higher Wages Produce Career Politicians? Evidence from Two Discontinuity Designs”  (Abstract) (Full Text)

629. Sargsyan, VahanNovember 2018. “Social Integration of Immigrants and the Attitude of the Native Population in European Countries”  (Abstract) (Full Text)

628. Jibuti, DavitiOctober 2018. “Discrimination against Workers with Visible Tattoos: Experimental Evidence from Germany”  (Abstract) (Full Text)

627. Kudebayeva, AlmaOctober 2018. “Chronic Poverty in Kazakhstan”  (Abstract) (Full Text)

626. Grigoryan, Aleksandr and Knar KhachatryanOctober 2018. “Remittances and Emigration Intentions: Evidence from Armenia”  (Abstract) (Full Text)

625. Antinyan, Armenak, Vardan Baghdasaryan, and Aleksandr GrigoryanSeptember 2018. “Social Preferences, Public Good Provision, Social Capital and Positional Concerns: Empirical Evidence from the South Caucasus”  (Abstract) (Full Text)

624. Bělín, MatějSeptember 2018. “Time-invariant Regressors under Fixed Effects: Identification via a Proxy Variable”  (Abstract) (Full Text)

623. Bartoš, Vojtěch, Michal Bauer, Julie Chytilová and Ian LevelyAugust 2018. “Effects of Poverty on Impatience: Preferences or Inattention?”  (Abstract) (Full Text)

622. Bičáková, Alena, Guido Matias Cortes and Jacopo MazzaJuly 2018. “Caught in the Cycle: Economic Conditions at Enrollment and Labor Market Outcomes of College Graduates”  (Abstract) (Full Text)

621. Jehiel, Philippe and Jakub SteinerJuly 2018. “Selective Sampling with Information-Storage Constraints”  (Abstract) (Full Text)

620. Sutóris, Ivan. June 2018. “Asset Prices in a Production Economy with Long Run and Idiosyncratic Risk”  (Abstract) (Full Text)

619. Anatolyev, Stanislav, Sergei Seleznev and Veronika Selezneva. June 2018. “Formation of Market Beliefs in the Oil Market”  (Abstract) (Full Text)

618. Novák, Vladimír and Tim Willems. June 2018. “A Note on Optimal Experimentation under Risk Aversion”  (Abstract) (Full Text)

617. Katuščák, Peter and Tomáš Miklánek. April 2018. “Do Fixed-Prize Lotteries Crowd Out Public Good Contributions Driven by Social Preferences?”  (Abstract) (Full Text)

616. Borga, Liyousew G. and Myroslav Pidkuyko. March 2018. “Whoever Has Will Be Given More: Child Endowment and Human Capital Investment”  (Abstract) (Full Text)

615. Hradil, Vít. March 2018. “Does Minimum Wage Affect Workplace Safety?”  (Abstract) (Full Text)

614. Matysková, Ludmila. March 2018. “Bayesian Persuasion with Costly Information Acquisition”  (Abstract) (Full Text)

613. Tolstova, Vera. March 2018. “On the Optimal Progressivity of Higher Education Subsidies: the Role of Endogenous Fertility”  (Abstract) (Full Text)

612. Kudashvili, Nikoloz. February 2018. “Sources of Statistical Discrimination: Experimental Evidence from Georgia”  (Abstract) (Full Text)


611. Bertoli, Paola, Veronica Grembi, and Judit Vall Castello. December 2017. “Not All Silver Lining? The Great Recession and Road Traffic Accidents”  (Abstract) (Full Text)

610. Janhuba, Radek and Kristýna Čechová. December 2017. “Criminals on the Field: A Study of College Football”  (Abstract) (Full Text)

609. Slavík, Ctirad and Hakki Yazici. December 2017. “Wage Risk and the Skill Premium”  (Abstract) (Full Text)

608. Todua, Gega. December 2017. “Financing Education Abroad: A Developing Country Perspective”  (Abstract) (Full Text)

607. Menzel, Andreas. November 2017. “Knowledge Exchange and Productivity Spill-overs in Bangladeshi Garment Factories”  (Abstract) (Full Text)

606. Babiak, Mykola. October 2017. “Generalized Disappointment Aversion, Learning, and Asset Prices”  (Abstract) (Full Text)

605. Forand, Jean Guillaume and Jan Zápal. September 2017. “The Demand and Supply of Favours in Dynamic Relationships”  (Abstract) (Full Text)

604. Maksymovych, Sergii. August 2017. “Decision-Making in the Household and Material Deprivation”  (Abstract) (Full Text)

603. Bertoli, Paola and Veronica GrembiAugust 2017. “Exploring the Nexus between Certainty in Injury Compensation and Treatment Selection”  (Abstract) (Full Text)

602. Klinger, Tomáš and Petr TeplýAugust 2017. “Agent-Based Risk Assessment Model of the European Banking Network”  (Abstract) (Full Text)

601. Hanousek, Jan, Evžen Kočenda, and Pavla VozárováAugust 2017. “Productivity and Trade Spillovers: Horizontal Crowding-Out Versus Vertical Synergies in Europe as a Response to Foreign Direct Investment”  (Abstract) (Full Text)

600. Bertoli, Paola and Veronica Grembi . August 2017. “Medical Malpractice: How Legal Liability Affects Medical Decisions”  (Abstract) (Full Text)

599. Mattozzi, Andrea and Fabio Michelucci. August 2017. “Electoral Contests with Dynamic Campaign Contributions”  (Abstract) (Full Text)

598. Ferris, Stephen P., Jan, Hanousek, Anastasiya Shamshur, and Jiří Trešl . July 2017. “Asymmetries in the Firm’s Use of Debt to Changing Market Values”  (Abstract) (Full Text)

597. Hanousek, Jan, Anastasiya Shamshur, and Jiří Trešl . July 2017. “To Bribe or not to Bribe? Corruption Uncertainty and Corporate Practices”  (Abstract) (Full Text)

596. Valei, Azamat. June 2017. “Informative Advertising in a Monopoly with Network Externalities”  (Abstract) (Full Text)

595. Hanousek, Jan, Anastasiya Shamshur, and Jiří Trešl . June 2017. “Firm Efficiency, Foreign Ownership and CEO Gender in Corrupt Environments”  (Abstract) (Full Text)

594. Gaulé, Patric and Mario Piacentini. June 2017. “An Advisor Like Me? Advisor Gender and Post-graduate Careers in Science”  (Abstract) (Full Text)

593. Matveenko, Andrei. June 2017. “Logit, CES, and Rational Inattention”  (Abstract) (Full Text)

592. Bertoli, Paola and Veronica Grembi. June 2017. “The Political Economy of Diagnosis-Related Groups”  (Abstract) (Full Text)

591. Korbel, Václav and Michal Paulus. June 2017. “Do Teaching Practices Impact Socio-Emotional Skills?”  (Abstract) (Full Text)

590. Kuntsevych, Iuliia. June 2017. “Remittances in Ukraine Using Household Data”  (Abstract) (Full Text)

589. Cahlíková, Jana, Lubomír Cingl, and Ian Levely. May 2017. “How Stress Affects Performance and Competitiveness across Gender”  (Abstract) (Full Text) (Supplementary material)

588. Valei, Azamat. April 2017. “Advertising Response to New Entry”  (Abstract) (Full Text)

587. Nunnari, Salvatore and Jan Zápal. April 2017. “A Model of Focusing in Political Choice”  (Abstract) (Full Text)

586. Matysková, Ludmila and Jan Šípek. April 2017. “Manipulation of Cursed Beliefs in Online Reviews”  (Abstract) (Full Text)

585. Sargsyan, Vahan. April 2017. “Treatment-Related Naturalization Premiums in Two European Countries: Evaluation and Comparison”  (Abstract) (Full Text)

584. Vovchak, Tamara. March 2017. “Bank Credit, Liquidity Shocks and Firm Performance: Evidence from the Financial Crisis of 2007-2009”  (Abstract) (Full Text)

583. Kuntsevych, Iuliia. March 2017. “Remittances, Spending and Political Instability in Ukraine”  (Abstract) (Full Text)

582. Miklánek, Tomáš. March 2017. “Ego-utility and Endogenous Information Acquisition; An Experimental Study”  (Abstract) (Full Text)

581. Miklánek, Tomáš. March 2017. “The Effect of Shame in Dictator Games with Information Asymmetry”  (Abstract) (Full Text)


580. Vardanyan, Suren. December 2016. “Contagion in Experimental Financial Markets”  (Abstract) (Full Text)

579. Janhuba, Radek. December 2016. “Do Victories and Losses Matter? Effects of Football on Life Satisfaction”  (Abstract) (Full Text)

578. Antczak, Elżbieta, Ewa Gałecka-Burdziak, Robert Pater . November 2016. “Spatial Labour Market Matching”  (Abstract) (Full Text)

577. Alimukhamedova, Nargiza, Randall K. Filer, and Jan Hanousek. November 2016. “The Importance of Geographic Access for the Impact of Microfinance”  (Abstract) (Full Text)

576. Jerbashian, Vahagn. November 2016. “Automation and Job Polarization: On the Decline of Middling Occupations in Europe”  (Abstract) (Full Text)

575. Antczak, Elżbieta, Ewa Gałecka-Burdziak, Robert Pater . November 2016. “Efficiency in Spatially Disaggregated Labour Market Matching”  (Abstract) (Full Text)

574. Federičová, Miroslava, Filip Pertold, and Michael L. Smith. November 2016. “Children Left Behind: Self-confidence of Pupils in Competitive Environments”  (Abstract) (Full Text)

573. Jurajda, Štěpán and Dejan Kovač. October 2016. “What´s in a Name in a War”  (Abstract) (Full Text)

572. Algozhina, Aliya. October 2016. “Monetary Policy Rule, Exchange Rate Regime, and Fiscal Policy Cyclicality in a Developing Oil Economy”  (Abstract) (Full Text)

571. Gossner, Olivier and Jakub Steiner. September 2016. “Optimal Illusion of Control and Related Perception Biases”  (Abstract) (Full Text)

570. Bowen, T. Renee, Ying Chen, Hülya Eraslan, and Jan Zápal. September 2016. “Efficiency of Flexible Budgetary Institutions”  (Abstract) (Full Text)

569. Georgi Burlakov. August 2016. “Why Mixed Qualities May Not Survive at Equilibrium: The Case of Vertical Product Differentiation”  (Abstract) (Full Text)

568. Bičáková, Alena and Klára Kalíšková. August 2016. “Career Breaks after Childbirth: The Impact of Family Leave Reforms in the Czech Republic”  (Abstract) (Full Text)

566. Jerbashian, Vahagn. June 2016. “Knowledge Licensing in a Model of R&D-Driven Endogenous Growth”  (Abstract) (Full Text)

565. Bertoli, Paola and Veronica Grembi. May 2016. “The Life-saving Effect of Hospital Proximity”  (Abstract) (Full Text)

564. Jurajda, Štěpán and Radek Janhuba. May 2016. “Gender in Banking and Mortgage Behavior”  (Abstract) (Full Text)

563. Ambriško, Róbert. April 2016. “Growth-Friendly Fiscal Strategies for the Czech Economy”  (Abstract) (Full Text

561. Bičáková, Alena a Štěpán Jurajda. March 2016. “Field-of-Study Homogamy”  (Abstract) (Full Text) (Full Text update version 2018

560. Gupta, Mayank and Jan Novotný. March 2016. “The Dynamics of Value Comovement across Global Equity Markets”  (Abstract) (Full Text)

559. Kuliomina, Jekaterina. March 2016. “Does Election of an Additional Female Councilor Increase Women's Candidacy in the Future?”  (Abstract) (Full Text)

558. Brabenec, Tomáš and Josef Montag. February 2016. “Criminals and the Price System: Evidence from Czech Metal Thieves” (Abstract) (Full Text)

557. Bartoš, Vojtěch. January 2016. “Seasonal Scarcity and Sharing Norms” (Abstract) (Full Text)


556. Cahlíková, Jana. December 2015. “Study Abroad Experience and Attitudes Towards Other Nationalities” (Abstract) (Full Text)

555. Sidorkin, Oleg. December 2015. “The Impact of Management Quality on Innovation Performance of Firms in Emerging Countries” (Abstract) (Full Text)

554. Vuletić, Danijela. November 2015. “How Effective are Reminders and Frames in Incentivizing Blood Donations?” (Abstract) (Full Text

553. Kapička, Marek and Julian Neira. November 2015. “Optimal Taxation with Risky Human Capital” (Abstract) (Full Text

552. Matějka, Filip and Guido Tabellini. November 2015. “Electoral Competition with Rationally Inattentive Voters” (Abstract) (Full Text

551. Žigić, Krešimir, Jiří Střelický, and Michael Kúnin. October 2015. “Modeling Software Piracy Protection: Monopoly versus Duopoly” (Abstract) (Full Text)

550. Federičová, Miroslava. September 2015. “Gender Gap in Application to Selective Schools: Are Grades a Good Signal?” (Abstract) (Full Text)

549. Palguta, Ján. September 2015. “Political Rent-Seeking in Public Procurement: Evidence from the Entry of Political Challengers at Electoral Thresholds” (Abstract) (Full Text)

548. Sargsyan, Vahan. September 2015. “Differential Treatment in the Chinese Labor Market. Is Hukou Type the Only Problem? ” (Abstract) (Full Text)

547. Ambriško, Róbert. August 2015. “A Small Open Economy with the Balassa-Samuelson Effect” (Abstract) (Full Text)

546. Gaulé, Patrick. July 2015. “Patents and the Success of Venture-Capital Backed Startups: Using Examiner Assignment to Estimate Causal Effects” (Abstract) (Full Text)

545. Kopřiva, František. July 2015. “Constant Bet Size? Don't Bet on It! Testing Expected Utility Theory on Betfair Data” (Abstract) (Full Text)

544. Kuvíková, Gabriela. June 2015. “Credit Ratings and Their Information Value: Evidence from the Recent Financial Crisis” (Abstract) (Full Text)

543. Van Koten, Silvester. June 2015. “Forward Premia in Electricity Markets: Two Caveats” (Abstract) (Full Text)

542. Abramishvili, Zurab and Lasha Lanchava . May 2015. “Education for the Poor” (Abstract) (Full Text)

541. Kuvíková, Gabriela. May 2015. “Loans for Better Living: The Role of Informal Collateral” (Abstract) (Full Text)

540. Amaral-Garcia, Sofia, Paola Bertoli, and Veronica Grembi. May 2015. “Does Experience Rating Improve Obstetric Practices? Evidence From Geographical Discontinuities in Italy” (Abstract) (Full Text)

539. Sidorkin, Oleg and Dmitriy Vorobyev. May 2015. “Political Risk, Information and Corruption Cycles: Evidence from Russian Regions” (Abstract) (Full Text)

538. Kuvíková, Gabriela. April 2015. “Does Loan Maturity Matter in Risk-Based Pricing? Evidence from Consumer Loan Data” (Abstract) (Full Text)

537. Ettinger, David and Fabio Michelucci. March 2015. “Creating a Winner's Curse via Jump Bids” (Abstract) (Full Text)

536. Audzei, Volha. March 2015. “Information Acquisition and Excessive Risk: Impact of Policy Rate and Market Volatility” (Abstract) (Full Text)

535. Matějů, Jakub. March 2015. “Limited Liability, Asset Price Bubbles and the Credit Cycle: The Role of Monetary Policy” (Abstract) (Full Text)

534. Borga, Liyousew Gebremedhin. March 2015. “Children's Own Time Use and its Effect on Skill Formation” (Abstract) (Full Text)

533. Havranek, Tomas, Zuzana Irsova, Karel Janda, and David Zilberman. March 2015. “Selective Reporting and the Social Cost of Carbon” (Abstract) (Full Text)

532. Mittag, Nikolas. March2015. “A Simple Method to Estimate Large Fixed Effects Models Applied to Wage Determinants and Matching” (Abstract) (Full Text)

531. Broer, Tobias, Marek Kapička, and Paul Klein. February 2015. “Consumption Risk Sharing with Private Information and Limited Enforcement” (Abstract) (Full Text)

530. Burlakov, Georgi. February 2015. “Exogenous Expenses in Industries with Vertical Product Differentiation and Quality Constraints” (Abstract) (Full Text)

529. Gaulé, Patrick and Mario Piacentini. January 2015. “Immigration and Innovation: Chinese Graduate Students in U.S. Universities” (Abstract) (Full Text)

528. Dušek, Libor. January 2015. “The Effects of a Simpler Criminal Procedure on Criminal Case Outcomes: Evidence from Czech District-level Data” (Abstract) (Full Text)


527. Aliyev, Ruslan. December 2014. “Determinants of the Choice of Exchange Rate Regime in Resource-Rich Countries”(Abstract) (Full Text)

526. Le Lec, Fabrice, Ondřej Rydval, and Astrid Matthey. December 2014. “Efficiency and Punishment in a Coordination Game: Voluntary Sanctions in the Minimum Effort Game”(Abstract) (Full Text) (Additional Materials)

525. Prokosheva, Sasha. December 2014. “Comparing Decisions under Compound Risk and Ambiguity: The Importance of Cognitive Skills”(Abstract) (Full Text)

524. Kalíšková, Klára. December 2014. “Tax and Transfer Policies and the Female Labor Supply in the EU”(Abstract) (Full Text)

523. Vikhrov, Dmytro. December 2014. “Immigration Policy Index.”(Abstract) (Full Text)

522. Pidkuyko, Myroslav. December 2014. “Dynamics of Consumption and Dividends over the Business Cycle.”(Abstract) (Full Text)

521. Lanchava, Lasha. December 2014. “Does Religious Activity Affect Childbearing Decisions? The Case of Georgia.”(Abstract) (Full Text)

520. Vourvachaki, Evangelia, Vahagn Jerbashian, and Sergey Slobodyan . December 2014. “Specific and General Human Capital in an Endogenous Growth Model.”(Abstract) (Full Text)

519. Van Koten, Silvester and Andreas Ortmann. November 2014. “Self-Regulatory Organizations Under the Shadow Of Governmental Oversight: An Experimental Investigation.”(Abstract) (Full Text)

518. Žigić, Krešimir, Jiří Střelický, and Michael Kúnin. October 2014. “How Does Public IPR Protection Affect its Private Counterpart? Copyright and the Firms' Own IPR Protection in a Software Duopoly.”(Abstract) (Full Text)

517. Federičová, Miroslava. September 2014. “The Impact of High-Stakes School-Admission Exams on Study Effort and Achievements: Quasi-experimental Evidence from Slovakia.”(Abstract) (Full Text)

516. Montag, Josef and Tomáš Sobek. August 2014. “Should Paris Hilton Receive a Lighter Prison Sentence Because She’s Rich? An Experimental Study.” (Abstract) (Full Text)

515. Zápal, Jan. August 2014. “Simple Markovian Equilibria in Dynamic Spatial Legislative Bargaining.” (Abstract) (Full Text)

514. Hernando-Veciana, Ángel, and Fabio Michelucci. July 2014. “On the Optimality of Not Allocating.” (Abstract) (Full Text)

513. Bičáková, Alena. June 2014. “Selection into Labor Force and Gender Unemployment Gaps.” (Abstract) (Full Text)

512. Bauer, Michal, Nathan Fiala, and Ian Levely. March 2014. “Trusting Former Rebels: An Experimental Approach to Understanding Reintegration after Civil War.” (Abstract) (Full Text)

511. Lavička, Hynek, Tomáš Lichard, and Jan Novotný. March 2014. “Sand in the Wheels or Wheels in the Sand? Tobin Taxes and Market Crashes.” (Abstract) (Full Text)

510. Vorobyev, Dmitriy. February 2014. “Participation in Fraudulent Elections.” (Abstract) (Full Text)

509. Jurajda, Štěpán, and Daniel Münich. February 2014. “Alphabetical Order Effects in School Admissions.” (Abstract) (Full Text)

508. Hait, Pavel and Petr Janský. February 2014. “Inflation Differentials among Czech Households.” (Abstract) (Full Text)

507. Gillman, Max, Michal Kejak, and Michal Pakoš. February 2014. “Learning about Rare Disasters: Implications for Consumption and Asset Prices.” (Abstract) (Full Text)

506. Kuncl, Martin. February 2014. “Securitization under Asymmetric Information over the Business Cycle.” (Abstract) (Full Text)

505. Montag, Josef. January 2014. “What Drives the Gender Gap? An Analysis Using Sexual Orientation.” (Abstract) (Full Text)

504. Bičáková, Alena and Štěpán Jurajda. January 2014. “The Quiet Revolution and the Family: Gender Composition of Tertiary Education and Early Fertility Patterns.” (Abstract) (Full Text)

503. van Koten, Silvester. January 2014. “Do Emission Trading Schemes Facilitate Efficient Abatement Investments? An Experimental Study.” (Abstract) (Full Text)

502. Bičáková, Alena. January 2014. “The Trade-off Between Unemployment and Wage Inequality Revisited” (Abstract) (Full Text)

501. Palguta, Ján. January 2014. “Concealed Ownership of Contractors, Manipulation of Tenders and the Allocation of Public Procurement Contracts.” (Abstract) (Full Text)

500. Jurajda, Štěpán, and Daniel Munich. January 2014. “Candidate Ballot Information and Election Outcomes: The Czech Case.” (Abstract) (Full Text)


499. Bartoš, Vojtěch, Michal Bauer, Julie Chytilová, and Filip Matějka. December 2013. “Attention Discrimination: Theory and Field Experiments.” (Abstract) (Full Text)

498. Brushko, Iuliia. November 2013. “Financial Signaling and Earnings Forecasts.” (Abstract) (Full Text)

497. Senyuta, Olena. November 2013. “Delegation and Performance.” (Abstract) (Full Text)

496. Kalíšková, Klára. November 2013. “Family Taxation and the Female Labor Supply: Evidence from the Czech Republic.” (Abstract) (Full Text)

495. Janjgava, Batlome. October 2013. “Free Entry and Social Efficiency under Unknown Demand Parameters.” (Abstract) (Full Text)

494. Lichard, Tomáš, Jan Hanousek, and Randall K. Filer. October 2013. “Measuring the Shadow Economy: Endogenous Switching Regression with Unobserved Separation.” (Abstract) (Full Text)

493. Gregor, Martin. October 2013. “The Optimal Ballot Structure for Double-Member Districts.” (Abstract) (Full Text)

492. Lanchava, Lasha. September 2013. “Free to Choose: An Experimental Investigation of the Value of Free Choice.” (Abstract) (Full Text)

491. Vikhrov, Dmytro. September 2013. “Welfare Effects of Labor Migration.” (Abstract) (Full Text)

490. Žigić, Krešimir, Jiří Střelický, and Michael Kúnin. September 2013. “The Interaction between Private and Public IPR Protection in a Software Market: A Positive and Normative Analysis.” (Abstract) (Full Text)

489. Hernando-Veciana, Ángel, and Fabio Michelucci. August 2013. “Do Not Panic: How to Avoid Inefficient Rushes Using Multi-Stage Auctions.” (Abstract) (Full Text)

488. Montag, Josef. August 2013. “Is Pro-Labor Law Pro-Women? Evidence from India” (Abstract) (Full Text)

487. Katuščák, Peter, Fabio Michelucci, and Miroslav Zajíček. June 2013. “Does Anticipated Regret Really Matter? Revisiting the Role of Feedback in Auction Bidding.” (Abstract) (Full Text)

486. Hromádková, Eva, and Michal Zděnek. April 2013. “Demand Side Cost-Sharing and Prescription Drugs Utilization: Evidence From a Quasi-Natural Experiment.” (Abstract) (Full Text)

485. Stankov, Petar. April 2013. “Firm Size, Market Liberalization and Growth.” (Abstract) (Full Text)

484. Montag, Josef. March 2013. “A Radical Change in Traffic Law: Effects on Fatalities in the Czech Republic.” (Abstract) (Full Text)

483. Palguta, Ján. March 2013. “Nonlinear Incentive Schemes and Corruption in Public Procurement: Evidence from the Czech Republic.” (Abstract) (Full Text)

482. Rychalovska, Yuliya. March 2013. “The Implications of Financial Frictions and Imperfect Knowledge in the Estimated DSGE Model of the U.S. Economy.” (Abstract) (Full Text)

481. Kristoufek, Ladislav, Karel Janda, and David Zilberman. February 2013. “Non-linear Price Transmission between Biofuels, Fuels and Food Commodities.” (Abstract) (Full Text)

480. Filer, Randall K., and Dragana Stanišić. January 2013. “The Effect of Terrorist Incidents on Capital Flows.” (Abstract) (Full Text)

479. Jeong, Byeongju. January 2013. “Bargaining and Wealth Accumulation.” (Abstract) (Full Text)

478. Střelický, Jiří, and Krešimir Žigić. January 2013. “Software Upgrades under Monopoly.” (Abstract) (Full Text)


477. Audzei, Volha. December 2012. “Efficiency of Central Bank Policy During the Crisis: Role of Expectations in Reinforcing Hoarding Behavior.” (Abstract) (Full Text)

476. Algozhina, Aliya. December 2012. “Monetary and Fiscal Policy Interactions in an Emerging Open Economy: A Non-Ricardian DSGE Approach.” (Abstract) (Full Text)

475. Bičáková, Alena. December 2012. “Gender Unemployment Gaps in the EU: Blame the Family.” (Abstract) (Full Text)

474. Stankov, Petar. December 2012. “Banking Crises and Reversals in Financial Reforms.” (Abstract) (Full Text)

473. Kochanova, Anna. December 2012. “The Impact of Bribery on Firm Performance: Evidence from Central and Eastern European Countries.” (Abstract) (Full Text)

472. Senyuta, Olena, and Krešimir Žigić. November 2012. “Managing Spillovers: An Endogenous Sunk Cost Approach.” (Abstract) (Full Text)

471. Nikolovová, Pavla. November 2012. “The Impact of FDI on the Host Economy.” (Abstract) (Full Text)

470. Janda, Karel, and Barbora Svárovská. October 2012. “Suitability of Microfinance as an Investment Option.” (Abstract) (Full Text)

469. Ettinger, David, and Fabio Michelucci. October 2012. “Hiding Information in Open Auctions.” (Abstract) (Full Text)

468. Babecký, Jan, Kamil Galuščák, and Lubomír Lízal. October 2012. “Firm-Level Labour Demand: Adjustment in Good Times and During the Crisis.” (Abstract) (Full Text)

467. Münich, Daniel, Martin Srholec, Michael Moritz, and Johannes Schäffler. October 2012. “Mothers and Daughters: Heterogeneity of German Direct Investments in the Czech Republic.” (Abstract) (Full Text)

466. Aliyev, Ruslan. August 2012. “Monetary Policy in Resource-Rich Developing Economies.” (Abstract) (Full Text)

465. Tashpulatov, Sherzod, and Lubomír Lízal. July 2012. “Can Producers Apply a Capacity Cutting Strategy to Increase Prices? The Case of the England and Wales Electricity Market.” (Abstract) (Full Text)

464. Aliyev, Ilkin. July 2012. “Is Fiscal Policy Procyclical in Resource-Rich Countries?” (Abstract) (Full Text)

463. Jerbashian, Vahagn, and Anna Kochanova. June 2012. “The Impact of Telecommunication Technologies on Competition in Services and Goods Markets: Empirical Evidence.” (Abstract) (Full Text)

462. Madzharova, Boryana. May 2012. “Intertemporal Income Shifting in Expectation of Lower Corporate Tax Rates: The Tax Reforms in Central and Eastern Europe.” (Abstract) (Full Text)

461. Janda, Karel, Eva Michalíková, and Jiří Skuhrovec. May 2012. “Credit Support for Export: Evidence from the Czech Republic.” (Abstract) (Full Text)

460. Otrachshenko, Vladimir, and Olga Popova. April 2012. “Life (Dis)satisfaction and the Decision to Migrate: Evidence from Central and Eastern Europe.” (Abstract) (Full Text)

459. Mathevet, Laurent, and Jakub Steiner. April 2012. “Sand in the Wheels: A Dynamic Global-Game Approach.” (Abstract) (Full Text)

458. Steiner, Jakub, and Colin Stewart. April 2012. “Influential Opinion Leaders.” (Abstract) (Full Text) (Updated Version, October 2012)

457. Rydval, Ondřej. April 2012. “The Causal Effect of Cognitive Abilities on Economic Behavior: Evidence from a Forecasting Task with Varying Cognitive Load.” (Abstract) (Full Text)

456. Hanousek, Jan, Evžen Kočenda, and Michal Mašika. April 2012. “Firm Efficiency: Domestic Owners, Coalitions, and FDI.” (Abstract) (Full Text)

455. Fagerberg, Jan, Maryann Feldman, and Martin Srholec. March 2012. “Technological Dynamics and Social Capability: Comparing U.S. States and European Nations.” (Abstract) (Full Text)

454. Feldman, Naomi E., and Peter Katuščák. February 2012. “Effects of Predictable Tax Liability Variation on Household Labor Income.” (Abstract) (Full Text)

453. Aslanyan, Gurgen. February 2012. “Immigration Control & Long-Run Population Welfare.” (Abstract) (Full Text)


452. Bena, Jan, Peter Ondko, and Evangelia Vourvachaki. December 2011. “Productivity Gains from Services Liberalization in Europe.” (Abstract) (Full Text)

451. Aliyev, Ilkin. October 2011. “Understanding the Resource Impact Using Matching.” (Abstract) (Full Text)

450. Bauer, Michal, Julie Chytilová, and Barbara Pertold-Gebicka. October 2011. “Effects of Parental Background on Other-regarding Preferences in Children.” (Abstract) (Full Text)

449. Ivanova, Renata, and Byeongju Jeong. November 2011. “Why Don't Migrants with Secondary Education Return?” (Abstract) (Full Text)

448. Madzharova, Boryana. September 2011. “The Effect of Low Corporate Tax Rate on Payroll Tax Evasion.” (Abstract) (Full Text)

447. Vorobyev, Dmitriy. September 2011. “Towards Detecting and Measuring Ballot Stuffing.” (Abstract) (Full Text)

446. Rusnák, Marek, Tomáš Havránek, and Roman Horváth. September 2011. “How to Solve the Price Puzzle? A Meta-Analysis.” (Abstract) (Full Text)

445. Janjgava, Batlome, and Sergey Slobodyan. September 2011. “Duopoly Competition, Escape Dynamics and Non-cooperative Collusion.” (Abstract) (Full Text)

444. Vozár, Mário. August 2011. “Marriage Dot EU: The Effect of Internet Usage on Marriage Hazard.” (Abstract) (Full Text)

443. Bičáková, Alena, Zuzana Prelcová, and Renata Pašaličová. July 2011. “Who Borrows and Who May Not Repay?” (Abstract) (Full Text)

442. Matějka, Filip, and Alisdair McKay. June 2011. “Rational Inattention to Discrete Choices: A New Foundation for the Multinomial Logit Model.” (Abstract) (Full Text)

441. Matějka, Filip, and Christopher A. Sims. June 2011. “Discrete Actions in Information-Constrained Tracking Problems.” (Abstract) (Full Text)

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


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.