VoxEU.org: CEPR Policy Research http://www.VoxEU.org CEPR Policy Research articles on VoxEU.org en How the EZ crisis is permanently changing EU institutions http://www.VoxEU.org/index.php?q=node/9211 Stefano Micossi, 15 April 2013

CEPR Policy Insight no. 65 analyses the changes and shifts of power among the EU’s institutions, arguing that further reforms are needed in order to safely and accountably underpin new executive power.

Full Article: How the EZ crisis is permanently changing EU institutions]]> Mon, 15 Apr 2013 00:00:00 GMT http://www.VoxEU.org/index.php?q=node/9211 Is US economic growth over? Faltering innovation confronts the six headwinds http://www.VoxEU.org/index.php?q=node/8463 Robert J. Gordon, 11 September 2012

CEPR Policy Insight 63 argues that innovation does not have the same potential to create growth in the future as in the past in the US.

Full Article: Is US economic growth over? Faltering innovation confronts the six headwinds ]]> Tue, 11 Sep 2012 00:00:00 GMT http://www.VoxEU.org/index.php?q=node/8463 The economic crisis: How to stimulate economies without increasing public debt http://www.VoxEU.org/index.php?q=node/8417 Richard Wood, 31 August 2012

Quantitative easing and austerity have done little to stop the EZ's periphery economies sliding towards depression. Policy Insight No. 62 argues that new money creation can finance deficits without increasing public debt.

Full Article: The economic crisis: How to stimulate economies without increasing public debt ]]> Fri, 31 Aug 2012 00:00:00 GMT http://www.VoxEU.org/index.php?q=node/8417 Who needs the nation state? http://www.VoxEU.org/index.php?q=node/8191 Dani Rodrik, 1 July 2012

The design of international institutions is shaped by a fundamental trade-off; governance is pushed down with one hand and pulled up with the other. An intermediate outcome, a world divided into diverse polities, is the best that we can do.

Full Article: Who needs the nation state?]]> Sun, 01 Jul 2012 00:00:00 GMT http://www.VoxEU.org/index.php?q=node/8191 School Meals as a Safety Net: An Evaluation of the Midday Meal Scheme in India http://www.VoxEU.org/index.php?q=node/8156 Stefan Dercon, Albert Park, Abhijeet Singh, 25 June 2012

Despite the popularity of school meals, little evidence exists on their effect on health outcomes. This study investigates whether the school meals program in Andhra Pradesh, India, ameliorated the deterioration of health in young children caused by a severe drought.

Full Article: School Meals as a Safety Net: An Evaluation of the Midday Meal Scheme in India]]> Mon, 25 Jun 2012 00:00:00 GMT http://www.VoxEU.org/index.php?q=node/8156 The Political Economy of Deforestation in the Tropics http://www.VoxEU.org/index.php?q=node/8138 Robin Burgess, Matthew C Hansen, Benjamin Olken , Peter Potapov, Stefanie Sieber, 22 June 2012

Tropical deforestation accounts for almost one-fifth of greenhouse gas emissions worldwide and threatens the world's most diverse ecosystems. Failure to take into account (and adjust) the extraction incentives of local politicians and bureaucrats is likely to render ineffective efforts to conserve the last great areas of tropical forest in the world.

Full Article: The Political Economy of Deforestation in the Tropics]]> Fri, 22 Jun 2012 00:00:00 GMT http://www.VoxEU.org/index.php?q=node/8138 Anti-Social Behavior in Profit and Nonprofit Organizations http://www.VoxEU.org/index.php?q=node/8098 Emmanuelle Auriol, Stefanie Brilon, 14 June 2012

While nonprofit organizations take advantage of the motivation of 'good' workers, they are more vulnerable than profit-oriented organisations to anti-social behavior: 'bad' workers only join them to behave badly. This paper looks at how mission-oriented organisations can deter destructive workers while maintaining the intrinsic motivation of committed employees.

Full Article: Anti-Social Behavior in Profit and Nonprofit Organizations]]> Thu, 14 Jun 2012 00:00:00 GMT http://www.VoxEU.org/index.php?q=node/8098 How can Bill and Melinda Gates increase other people's donations to fund public goods? http://www.VoxEU.org/index.php?q=node/7830 Dean Karlan, John List, 2 April 2012

With governments strapped for cash, charities are stepping up to provide public goods. But how can charities mobilise support from small donors to fund their work? CEPR DP8922 investigates whether altruists would donate more if they knew more about a charity’s quality. In the authors’ experiment, Bill and Melinda Gates matched donations to a particular charity. Small donors saw this as a signal of the charity’s quality – and donations soared.

Full Article: How can Bill and Melinda Gates increase other people's donations to fund public goods?]]> Mon, 02 Apr 2012 00:00:00 GMT http://www.VoxEU.org/index.php?q=node/7830 From vicious to virtuous: A five-point plan for Eurozone restoration http://www.VoxEU.org/index.php?q=node/7786 Marco Buti, Pier Carlo Padoan, 27 March 2012

In late 2011, the financial crisis had evolved dangerously into a vicious circle of sluggish growth, tensions in sovereign debt markets, and banking sector fragility. CEPR Policy Insight No. 61 looks at what measures are required to turn the economy around.

Full Article: From vicious to virtuous: A five-point plan for Eurozone restoration ]]> Tue, 27 Mar 2012 00:00:00 GMT http://www.VoxEU.org/index.php?q=node/7786 The role of speculation in oil markets: What have we learned so far? http://www.VoxEU.org/index.php?q=node/7780 Bassam Fattouh, Lutz Kilian, Lavan Mahadeva, 26 March 2012

What caused the price of oil to surge in 2003–08? CEPR DP8916 assesses – and finds little evidence for – the popular view that ‘speculation’ drives oil price shocks. Economic fundamentals, the authors argue, are still the main determinants.

Full Article: The role of speculation in oil markets: What have we learned so far?]]> Mon, 26 Mar 2012 00:00:00 GMT http://www.VoxEU.org/index.php?q=node/7780