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Citation Profile [Updated: 2025-11-20 18:08:17]
5 Years H Index
38
Impact Factor (IF)
0.13
5 Years IF
0.27
Data available in this report

[Raw data] [50 most cited papers] [50 most relevant papers] [cites used to compute IF] [Recent citations ][Frequent citing series ] [more data in EconPapers] [trace new citations] [Missing citations? Add them now] [Incorrect content? Let us know]

Main indicators
Raw Data

 

IF AIF CIF IF5 DOC CDO CIT NCI CCU D2Y C2Y D5Y C5Y SC %SC CiY II AII
1998 0 0.32 4.5 0 2 2 2 27 0 0 0 0 0.18
2000 0 0.56 6.25 0 2 4 0 70 2 2 0 0 0.25
2001 0 0.49 4.67 0 2 6 9 98 2 4 0 0 0.27
2002 0 0.55 5 0 2 8 2 138 4 6 0 0 0.31
2003 0 0.53 0.28 0 181 189 813 49 191 4 8 8 16.3 49 0.27 0.3
2004 0.31 0.6 0.39 0.31 46 235 740 90 282 183 57 187 58 8 8.9 10 0.22 0.36
2005 0.33 0.61 0.5 0.33 82 317 652 155 440 227 76 233 76 19 12.3 42 0.51 0.36
2006 0.67 0.58 0.69 0.45 50 367 365 252 692 128 86 313 142 16 6.3 11 0.22 0.34
2007 0.61 0.52 0.75 0.46 18 385 30 287 982 132 80 361 167 15 5.2 3 0.17 0.29
2008 0.59 0.58 0.93 0.58 10 395 3 364 1348 68 40 377 217 3 0.8 0 0.29
2009 0.18 0.59 0.84 0.72 40 435 1059 357 1715 28 5 206 148 17 4.8 43 1.08 0.33
2010 1.06 0.52 0.94 0.69 31 466 121 421 2151 50 53 200 137 28 6.7 4 0.13 0.3
2011 1.03 0.61 0.93 0.69 27 493 178 455 2611 71 73 149 103 22 4.8 14 0.52 0.36
2012 1 0.67 1.06 1.24 44 537 179 566 3178 58 58 126 156 46 8.1 27 0.61 0.36
2013 1.03 0.64 1.05 1.28 22 559 52 586 3764 71 73 152 194 9 1.5 1 0.05 0.34
2014 0.55 0.67 0.92 0.89 16 575 62 528 4292 66 36 164 146 9 1.7 8 0.5 0.34
2015 0.42 0.65 0.77 0.47 6 581 6 444 4738 38 16 140 66 10 2.3 0 0.36
2016 0.5 0.63 0.65 0.39 6 587 15 380 5118 22 11 115 45 11 2.9 1 0.17 0.34
2017 0.42 0.61 0.68 0.39 12 599 13 404 5526 12 5 94 37 15 3.7 4 0.33 0.33
2018 0.17 0.6 0.62 0.13 4 603 16 376 5902 18 3 62 8 4 1.1 4 1 0.34
2019 0.5 0.6 0.53 0.34 6 609 30 316 6222 16 8 44 15 2 0.6 8 1.33 0.35
2020 1.4 0.68 0.61 0.5 4 613 7 371 6596 10 14 34 17 2 0.5 1 0.25 0.72
2021 0.7 0.91 0.44 0.34 7 620 40 271 6867 10 7 32 11 3 1.1 3 0.43 0.37
2022 0.82 0.66 0.43 0.39 8 628 6 268 7135 11 9 33 13 4 1.5 2 0.25 0.21
2023 0.4 0.5 0.33 0.38 8 636 0 208 7343 15 6 29 11 2 1 0 0.16
2024 0.13 0.53 0.27 0.27 4 640 2 172 7515 16 2 33 9 1 0.6 0 0.2
IF: Two years Impact Factor: C2Y / D2Y
AIF: Average Impact Factor for all series in RePEc in year y
CIF: Cumulative impact factor
IF5: Five years Impact Factor: C5Y / D5Y
DOC: Number of documents published in year y
CDO: Cumulative number of documents published until year y
CIT: Number of citations to papers published in year y
NCI: Number of citations in year y
CCU: Cumulative number of citations to papers published until year y
D2Y: Number of articles published in y-1 plus y-2
C2Y: Cites in y to articles published in y-1 plus y-2
D5Y: Number of articles published in y-1 until y-5
C5Y: Cites in y to articles published in y-1 until y-5
SC: selft citations in y to articles published in y-1 plus y-2
%SC: Percentage of selft citations in y to articles published in y-1 plus y-2
CiY: Cites in year y to documents published in year y
II: Immediacy Index: CiY / Documents.
AII: Average Immediacy Index for series in RePEc in year y
50 most cited documents in this series
#YearTitleCited
12004THE PURCHASING POWER PARITY DEBATE. (2004). Taylor, Mark. In: Working Papers. RePEc:cda:wpaper:04-6.

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640
22004THE PURCHASING POWER PARITY DEBATE. (2004). Taylor, Alan. In: Working Papers. RePEc:cda:wpaper:133.

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584
32009Task Specialization, Immigration and Wages. (2009). Peri, Giovanni. In: Working Papers. RePEc:cda:wpaper:09-1.

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565
42009Task Specialization, Immigration and Wages. (2009). Sparber, Chad ; Peri, Giovanni. In: Working Papers. RePEc:cda:wpaper:130.

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557
52009The Causes and Effects of International Migrations: Evidence from OECD Countries 1980-2005. (2009). Peri, Giovanni. In: Working Papers. RePEc:cda:wpaper:09-6.

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301
62003INTEGRATION OF TRADE AND DISINTEGRATION OF PRODUCTION IN THE GLOBAL ECONOMY. (2003). Demiralp, Selva ; Feenstra, Robert. In: Working Papers. RePEc:cda:wpaper:98-6.

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242
72005The Condition of the Working-Class in England, 1209-2004. (2005). Clark, Gregory. In: Working Papers. RePEc:cda:wpaper:05-39.

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227
82009The Causes and Effects of International Migrations: Evidence from OECD Countries 1980-2005. (2009). Peri, Giovanni ; Ortega, Francesc. In: Working Papers. RePEc:cda:wpaper:78.

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199
92005The Condition of the Working-Class in England, 1209-2004. (2005). Clark, Gregory. In: Working Papers. RePEc:cda:wpaper:279.

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156
102003TO WHAT EXTENT DO FISCAL REGIMES EQUALIZE OPPORTUNITIES FOR INCOME ACQUISITION AMONG CITIZENS. (2003). Roemer, John. In: Working Papers. RePEc:cda:wpaper:00-3.

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149
112003TO WHAT EXTENT DO FISCAL REGIMES EQUALIZE OPPORTUNITIES FOR INCOME ACQUISITION AMONG CITIZENS. (2003). Roemer, John. In: Working Papers. RePEc:cda:wpaper:268.

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133
122003Searching for the Causal Structure of a Vector Autoregression. (2003). Demiralp, Selva ; Hoover, Kevin. In: Working Papers. RePEc:cda:wpaper:03-3.

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127
132003Searching for the Causal Structure of a Vector Autoregression. (2003). Hoover, Kevin ; Demiralp, Selva. In: Working Papers. RePEc:cda:wpaper:58.

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115
142011The Elasticity of Trade: Estimates and Evidence. (2011). Waugh, Michael ; Simonovska, Ina. In: Working Papers. RePEc:cda:wpaper:11-2.

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111
152009Migration and Trade: Theory with an Application to the Eastern-Western European Integration. (2009). Iranzo, Susana ; Peri, Giovanni. In: Working Papers. RePEc:cda:wpaper:09-7.

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105
162006Survival of the Richest: The Malthusian Mechanism in Pre-Industrial England. (2006). Clark, Gregory ; Hamilton, Gillian. In: Working Papers. RePEc:cda:wpaper:06-15.

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98
172006Rethinking the Effects of Immigration on Wages. (2006). Peri, Giovanni ; Ottaviano, Gianmarco. In: Working Papers. RePEc:cda:wpaper:125.

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97
182005A Search for a Structural Phillips Curve*. (2005). Cogley, Tim W. ; Sbordone, Argia M.. In: Working Papers. RePEc:cda:wpaper:05-10.

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94
192011The Elasticity of Trade: Estimates and Evidence. (2011). Waugh, Michael ; Simonovska, Ina. In: Working Papers. RePEc:cda:wpaper:319.

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92
202005A Search for a Structural Phillips Curve*. (2005). Sbordone, Argia ; Cogley, Tim W. In: Working Papers. RePEc:cda:wpaper:292.

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92
212006Rethinking the Effects of Immigration on Wages. (2006). Peri, Giovanni ; Gianmarco I. P. Ottaviano, . In: Working Papers. RePEc:cda:wpaper:06-34.

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84
222006Survival of the Richest: The Malthusian Mechanism in Pre-Industrial England. (2006). Clark, Gregory ; Hamilton, Gillian. In: Working Papers. RePEc:cda:wpaper:229.

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83
232009Migration and Trade: Theory with an Application to the Eastern-Western European Integration. (2009). Peri, Giovanni ; Iranzo, Susana. In: Working Papers. RePEc:cda:wpaper:81.

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82
242005Rethinking the Gains from Immigration: Theory and Evidence from the U.S.. (2005). Peri, Giovanni ; Ottaviano, Gianmarco. In: Working Papers. RePEc:cda:wpaper:256.

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75
252010Robust Inference with Clustered Data. (2010). Cameron, Colin A.. In: Working Papers. RePEc:cda:wpaper:10-7.

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67
262010Robust Inference with Clustered Data. (2010). Cameron, Colin A.. In: Working Papers. RePEc:cda:wpaper:10-6.

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64
272010Robust Inference with Clustered Data. (2010). Miller, Douglas ; Cameron, A.. In: Working Papers. RePEc:cda:wpaper:318.

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63
282010Robust Inference with Clustered Data. (2010). Miller, Douglas ; Cameron, A.. In: Working Papers. RePEc:cda:wpaper:316.

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63
292006Evidence of a Shift in the Short-Run Price Elasticity of Gasoline Demand. (2006). Knittel, Christopher ; Sperling, Daniel. In: Working Papers. RePEc:cda:wpaper:97.

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60
30The Supply Side of the Digital Divide: Is There Equal Availability in the Broadband Internet Access Market?. (2003). Prieger, James E.. In: Working Papers. RePEc:cda:wpaper:02-5.

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60
312006Evidence of a Shift in the Short-Run Price Elasticity of Gasoline Demand. (2006). Sperling, Daniel ; Knittel, Christopher. In: Working Papers. RePEc:cda:wpaper:06-25.

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59
322003The Supply Side of the Digital Divide: Is There Equal Availability in the Broadband Internet Access Market?. (2003). Prieger, James. In: Working Papers. RePEc:cda:wpaper:50.

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57
332005Does Head Start Improve Children?s Life Chances? Evidence from a Regression Discontinuity Design. (2005). Ludwig, Jens ; Miller, Doug. In: Working Papers. RePEc:cda:wpaper:05-34.

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50
342005Rethinking the Gains from Immigration: Theory and Evidence from the U.S.. (2005). Peri, Giovanni ; Gianmarco I. P. Ottaviano, . In: Working Papers. RePEc:cda:wpaper:05-8.

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49
352012When Credit Bites Back: Leverage, Business Cycles and Crises. (2012). Jorda, Oscar ; Schularick, Moritz ; Taylor, Alan. In: Working Papers. RePEc:cda:wpaper:12-24.

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47
362003Voice and Growth: Was Churchill Right?. (2003). Lindert, Peter. In: Working Papers. RePEc:cda:wpaper:02-6.

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45
372003Voice and Growth: Was Churchill Right?. (2003). Lindert, Peter. In: Working Papers. RePEc:cda:wpaper:64.

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44
382014Unawareness - A Gentle Introduction to both the Literature and the Special Issue. (2014). Schipper, Burkhard. In: Working Papers. RePEc:cda:wpaper:14-5.

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39
392012When Credit Bites Back: Leverage, Business Cycles and Crises. (2012). Taylor, Alan ; Schularick, Moritz ; Jorda, Oscar. In: Working Papers. RePEc:cda:wpaper:172.

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38
402005Does Head Start Improve Children?s Life Chances? Evidence from a Regression Discontinuity Design. (2005). Ludwig, Jens ; Miller, Doug. In: Working Papers. RePEc:cda:wpaper:54.

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38
412003Why The Welfare State Looks Like a Free Lunch.. (2003). Lindert, Peter. In: Working Papers. RePEc:cda:wpaper:59.

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37
422003Why The Welfare State Looks Like a Free Lunch.. (2003). Lindert, Peter. In: Working Papers. RePEc:cda:wpaper:02-7.

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36
432005Collateral Damage: Trade Disruption and the Economic Impact of War. (2005). Taylor, Alan ; Glick, Reuven. In: Working Papers. RePEc:cda:wpaper:309.

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35
442014Unawareness - A Gentle Introduction to both the Literature and the Special Issue. (2014). Schipper, Burkhard. In: Working Papers. RePEc:cda:wpaper:153.

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34
452004Modeling the Differences in Counted Outcomes using Bivariate Copula Models: with Application to Mismeasured Counts. (2004). Zimmer, David ; Trivedi, Pravin ; Li, Tong ; Cameron, A.. In: Working Papers. RePEc:cda:wpaper:109.

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34
462004Modeling the Differences in Counted Outcomes using Bivariate Copula Models: with Application to Mismeasured Counts. (2004). Li, Tong ; Trivedi, Pravin K. ; Cameron, Colin A.. In: Working Papers. RePEc:cda:wpaper:04-3.

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33
472013Monetary Policy, Asset Prices, and Liquidity in Over-the-Counter Markets. (2013). Herrenbrueck, Lucas ; Geromichalos, Athanasios. In: Working Papers. RePEc:cda:wpaper:12-20.

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32
482005Collateral Damage: Trade Disruption and the Economic Impact of War. (2005). Glick, Reuven ; Taylor, Alan M.. In: Working Papers. RePEc:cda:wpaper:05-15.

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28
492013A Search-Theoretic Model of the Term Premium. (2013). Herrenbrueck, Lucas ; Salyer, Kevin ; Geromichalos, Athanasios. In: Working Papers. RePEc:cda:wpaper:13-8.

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26
502005Estimation of Country-Pair Data Models Controlling for Clustered Errors: with International Trade Applications. (2005). Golotvina, Natalia ; Cameron, Colin A.. In: Working Papers. RePEc:cda:wpaper:06-13.

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23
50 most relevant documents in this series (papers most cited in the last two years)
#YearTitleCited
12009Task Specialization, Immigration and Wages. (2009). Peri, Giovanni. In: Working Papers. RePEc:cda:wpaper:09-1.

Full description at Econpapers || Download paper

73
22009Task Specialization, Immigration and Wages. (2009). Sparber, Chad ; Peri, Giovanni. In: Working Papers. RePEc:cda:wpaper:130.

Full description at Econpapers || Download paper

73
32005The Condition of the Working-Class in England, 1209-2004. (2005). Clark, Gregory. In: Working Papers. RePEc:cda:wpaper:05-39.

Full description at Econpapers || Download paper

26
42005The Condition of the Working-Class in England, 1209-2004. (2005). Clark, Gregory. In: Working Papers. RePEc:cda:wpaper:279.

Full description at Econpapers || Download paper

26
52004THE PURCHASING POWER PARITY DEBATE. (2004). Taylor, Mark. In: Working Papers. RePEc:cda:wpaper:04-6.

Full description at Econpapers || Download paper

25
62004THE PURCHASING POWER PARITY DEBATE. (2004). Taylor, Alan. In: Working Papers. RePEc:cda:wpaper:133.

Full description at Econpapers || Download paper

25
72021Discovery and Equilibrium in Games with Unawareness. (2021). Schipper, Burkhard. In: Working Papers. RePEc:cda:wpaper:340.

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14
82003Searching for the Causal Structure of a Vector Autoregression. (2003). Hoover, Kevin ; Demiralp, Selva. In: Working Papers. RePEc:cda:wpaper:58.

Full description at Econpapers || Download paper

12
92006Survival of the Richest: The Malthusian Mechanism in Pre-Industrial England. (2006). Clark, Gregory ; Hamilton, Gillian. In: Working Papers. RePEc:cda:wpaper:06-15.

Full description at Econpapers || Download paper

12
102003Searching for the Causal Structure of a Vector Autoregression. (2003). Demiralp, Selva ; Hoover, Kevin. In: Working Papers. RePEc:cda:wpaper:03-3.

Full description at Econpapers || Download paper

12
112006Survival of the Richest: The Malthusian Mechanism in Pre-Industrial England. (2006). Clark, Gregory ; Hamilton, Gillian. In: Working Papers. RePEc:cda:wpaper:229.

Full description at Econpapers || Download paper

12
122014Unawareness - A Gentle Introduction to both the Literature and the Special Issue. (2014). Schipper, Burkhard. In: Working Papers. RePEc:cda:wpaper:14-5.

Full description at Econpapers || Download paper

11
132014Unawareness - A Gentle Introduction to both the Literature and the Special Issue. (2014). Schipper, Burkhard. In: Working Papers. RePEc:cda:wpaper:153.

Full description at Econpapers || Download paper

11
142003TO WHAT EXTENT DO FISCAL REGIMES EQUALIZE OPPORTUNITIES FOR INCOME ACQUISITION AMONG CITIZENS. (2003). Roemer, John. In: Working Papers. RePEc:cda:wpaper:268.

Full description at Econpapers || Download paper

9
152003TO WHAT EXTENT DO FISCAL REGIMES EQUALIZE OPPORTUNITIES FOR INCOME ACQUISITION AMONG CITIZENS. (2003). Roemer, John. In: Working Papers. RePEc:cda:wpaper:00-3.

Full description at Econpapers || Download paper

9
162009The Causes and Effects of International Migrations: Evidence from OECD Countries 1980-2005. (2009). Peri, Giovanni ; Ortega, Francesc. In: Working Papers. RePEc:cda:wpaper:78.

Full description at Econpapers || Download paper

7
172003The Supply Side of the Digital Divide: Is There Equal Availability in the Broadband Internet Access Market?. (2003). Prieger, James. In: Working Papers. RePEc:cda:wpaper:50.

Full description at Econpapers || Download paper

6
182012Unbeatable Imitation. (2012). Schipper, Burkhard ; Oechssler, Jörg ; Dürsch, Peter ; Duersch, Peter. In: Working Papers. RePEc:cda:wpaper:44.

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6
192009Migration and Trade: Theory with an Application to the Eastern-Western European Integration. (2009). Peri, Giovanni ; Iranzo, Susana. In: Working Papers. RePEc:cda:wpaper:81.

Full description at Econpapers || Download paper

6
202003The Supply Side of the Digital Divide: Is There Equal Availability in the Broadband Internet Access Market?. (2003). Prieger, James E.. In: Working Papers. RePEc:cda:wpaper:02-5.

Full description at Econpapers || Download paper

6
212009The Causes and Effects of International Migrations: Evidence from OECD Countries 1980-2005. (2009). Peri, Giovanni. In: Working Papers. RePEc:cda:wpaper:09-6.

Full description at Econpapers || Download paper

6
222009Migration and Trade: Theory with an Application to the Eastern-Western European Integration. (2009). Iranzo, Susana ; Peri, Giovanni. In: Working Papers. RePEc:cda:wpaper:09-7.

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6
232021The financial origins of non-fundamental risk. (2021). Singh, Sanjay ; Dogra, Keshav ; Acharya, Sushant. In: Working Papers. RePEc:cda:wpaper:345.

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4
242025Efficient Mechanisms under Unawareness. (2025). Schipper, Burkhard ; Pram, Kym. In: Working Papers. RePEc:cda:wpaper:372.

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4
252021Incorporating Diagnostic Expectations into the New Keynesian Framework. (2021). Yoo, Donghoon ; Singh, Sanjay ; L'Huillier, Jean-Paul. In: Working Papers. RePEc:cda:wpaper:339.

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4
262018Asset Safety versus Asset Liquidity. (2018). Lee, Sukjoon ; Herrenbrueck, Lucas ; Geromichalos, Athanasios. In: Working Papers. RePEc:cda:wpaper:326.

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4
272004Modeling the Differences in Counted Outcomes using Bivariate Copula Models: with Application to Mismeasured Counts. (2004). Zimmer, David ; Trivedi, Pravin ; Li, Tong ; Cameron, A.. In: Working Papers. RePEc:cda:wpaper:109.

Full description at Econpapers || Download paper

4
282004Modeling the Differences in Counted Outcomes using Bivariate Copula Models: with Application to Mismeasured Counts. (2004). Li, Tong ; Trivedi, Pravin K. ; Cameron, Colin A.. In: Working Papers. RePEc:cda:wpaper:04-3.

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3
292003The Response of Term Rates to Monetary Policy Uncertainty. (2003). Jorda, Oscar ; Salyer, Kevin. In: Working Papers. RePEc:cda:wpaper:01-6.

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2
302005Rethinking the Gains from Immigration: Theory and Evidence from the U.S.. (2005). Peri, Giovanni ; Gianmarco I. P. Ottaviano, . In: Working Papers. RePEc:cda:wpaper:05-8.

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2
312003The Response of Term Rates to Monetary Policy Uncertainty. (2003). Salyer, Kevin ; Jorda, Oscar. In: Working Papers. RePEc:cda:wpaper:274.

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2
322022Supply or Demand? Policy Makers Confusion in the Presence of Hysteresis. (2022). Singh, Sanjay ; Fatas, Antonio. In: Working Papers. RePEc:cda:wpaper:347.

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2
332005Distributional Impacts of the Self-Sufficiency Project. (2005). Hoynes, Hilary ; Bitler, Marianne ; Gelbach, Jonah B. In: Working Papers. RePEc:cda:wpaper:18.

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2
342005Distributional Impacts of the Self-Sufficiency Project. (2005). Bitler, Marianne P ; Gelbach, Jonah B. ; Hoynes, Hilary W.. In: Working Papers. RePEc:cda:wpaper:05-30.

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2
352025Disclosure under Unawareness: An Experiment. (2025). Schipper, Burkhard ; Li, Yingxue. In: Working Papers. RePEc:cda:wpaper:370.

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2
362017Does Exposure to Unawareness Affect Risk Preferences? A Preliminary Result. (2017). Ma, Wen Jun ; Schipper, Burkhard. In: Working Papers. RePEc:cda:wpaper:17-1.

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2
372025Rationalizable Screening and Disclosure under Unawareness. (2025). Francetich, Alejandro ; Schipper, Burkhard. In: Working Papers. RePEc:cda:wpaper:374.

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2
382017Does Exposure to Unawareness Affect Risk Preferences? A Preliminary Result. (2017). Schipper, Burkhard ; Ma, Wen Jun. In: Working Papers. RePEc:cda:wpaper:255.

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2
392005Rethinking the Gains from Immigration: Theory and Evidence from the U.S.. (2005). Peri, Giovanni ; Ottaviano, Gianmarco. In: Working Papers. RePEc:cda:wpaper:256.

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2
402024Raising Bidders Awareness in Second-Price Auctions. (2024). Schipper, Burkhard ; Li, Yingxue. In: Working Papers. RePEc:cda:wpaper:365.

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2
412019Output Hysteresis and Optimal Monetary Policy. (2019). Singh, Sanjay ; Garga, Vaishali. In: Working Papers. RePEc:cda:wpaper:331.

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2
Citing documents used to compute impact factor: 2
YearTitle
2024Dynamic hysteresis effects. (2024). Mendieta-Muñoz, Ivan ; Li, Mengheng ; Mendieta-Muoz, Ivan. In: Journal of Economic Dynamics and Control. RePEc:eee:dyncon:v:163:y:2024:i:c:s0165188924000629.

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2024Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data. (2024). Breunig, Robert ; Majeed, Omer ; Hambur, Jonathan. In: RBA Research Discussion Papers. RePEc:rba:rbardp:rdp2024-01.

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Recent citations
Recent citations received in 2024

YearCiting document

Recent citations received in 2022

YearCiting document
2022Level-k Thinking in the Extensive Form. (2022). Schipper, Burkhard ; Zhou, Hang. In: Working Papers. RePEc:cda:wpaper:352.

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2022Macroeconomic Drivers and the Pricing of Uncertainty, Inflation, and Bonds. (2022). Williams, John ; Mertens, Thomas ; Bok, Brandyn. In: Staff Reports. RePEc:fip:fednsr:94006.

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Recent citations received in 2021

YearCiting document
2021The financial origins of non-fundamental risk. (2021). Singh, Sanjay ; Dogra, Keshav ; Acharya, Sushant. In: Working Papers. RePEc:cda:wpaper:345.

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2021Investment externalities in models of fire sales. (2021). Kurlat, Pablo. In: Journal of Monetary Economics. RePEc:eee:moneco:v:122:y:2021:i:c:p:102-118.

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2021Security design in non-exclusive markets with asymmetric information. (2021). Vanasco, Victoria ; Asriyan, Vladimir. In: Economics Working Papers. RePEc:upf:upfgen:1712.

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