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CESifo Working Paper Series
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3052: Active Currency Investing and Performance Benchmarks
Michael Melvin and Duncan Shand
3051: Redistributive Income Taxation under Outsourcing and Foreign Direct Investment
Thomas Aronsson and Erkki Koskela
3050: Competition and Stability in Banking
Xavier Vives
3049: A Race beyond the Bottom: The Nature of Bidding for a Firm
Taiji Furusawa , Kazumi Hori and Ian Wooton
3048: Tax-Competition with Involuntary Unemployment
Thomas Eichner and Thorsten Upmann
3047: Exports and Property Prices in France: Are they Connected?
Balázs Égert and Rafal Kierzenkowski
3046: Population under a Cap on Greenhouse Gas Emissions
Henning Bohn and Charles E. Stuart
3045: Pay as you Go: A New Proposal for Museum Pricing
Bruno S. Frey and Lasse Steiner
3044: Prices vs. Quantities and the Intertemporal Dynamics of the Climate Rent
Matthias Kalkuhl and Ottmar Edenhofer
3043: The Employment Effects of Low-Wage Subsidies
Kristiina Huttunen , Jukka Pirttilä and Roope Uusitalo
3042: A Note on the Computation of the Equity Premium and the Market Value of Firm Equity
Burkhard Heer and Alfred Maussner
3041: Multinational Capital Structure and Tax Competition
Matthias Wrede
3040: Tax Incentives, Bequest Motives, and the Demand for Life Insurance: Evidence from two Natural Experiments in Germany
Nicolas Sauter , Jan Walliser and Joachim Klaus Winter
3039: Technological Imitation and Innovation in New European Union Markets
Ainura Uzagalieva , Evžen Kočenda and Antonio Menezes
3038: Aggressive Oil Extraction and Precautionary Saving: Coping with Volatility
(Rick) van der Ploeg, Frederick
3037: The Economics of International Differences in Educational Achievement
Eric A. Hanushek and Ludger Woessmann
3036: Evaluating Nationwide Health Interventions when Standard Before-After Doesn't Work: Malawi's ITN Distribution Program
Eva Deuchert and Conny Wunsch
3035: Decentralization and Foreign Aid Effectiveness: Do Aid Modality and Federal Design Matter in Poverty Alleviation?
Christian Lessmann and Gunther Markwardt
3034: Multinationals, Minority Ownership and Tax-Efficient Financing Structures
Dirk Schindler and Guttorm Schjelderup
3033: Structural Change in OECD Comparative Advantage
Steven Brakman , Robert Inklaar and Charles van Marrewijk
3032: Welfare Policy in the Presence of Unionised Labour and Internationally Mobile Firms
Silvia Rocha-Akis and Ronnie Schöb
3031: Forecasting Nonlinear Aggregates and Aggregates with Time-varying Weights
Helmut Luetkepohl
3030: The Effects of a Bonus Tax on Manager Compensation and Welfare
Doina Maria Radulescu
3029: Explaining the Favorite-Longshot Bias: Is it Risk-Love or Misperceptions?
Erik Christopher Snowberg and Justin Wolfers
3028: Optimal Delegation when the Large Shareholder has Multiple Tasks
Clara Graziano and Annalisa Luporini
3027: Is Economic Recovery a Myth? Robust Estimation of Impulse Responses
C. N. Teulings and Nick Zubanov
3026: Matching and Saving in Continuous Time: Proofs
Christian Bayer and Klaus Wälde
3026: Matching and Saving in Continuous Time: Theory
Christian Bayer and Klaus Wälde
3025: Immigration, Fertility, and Human Capital: A Model of Economic Decline of the West
Leonid V. Azarnert
3024: Making Sense of Non-Binding Retail-Price Recommendations
Stefan Buehler and Dennis L. Gärtner
3023: Conditional Volatility and Correlations of Weekly Returns and the VaR Analysis of 2008 Stock Market Crash
Bahram Pesaran and M Hashem Pesaran
3022: Fiscal Federalism and Electoral Accountability
Toke S Aidt and Jayasri Dutta
3021: Demand Patterns for Treatment Insurance in Norway
Karl Ove Aarbu
3020: Top-Down versus Bottom-Up Macroeconomics
Paul De Grauwe
3019: Offshoring Tasks, yet Creating Jobs?
Wilhelm Kohler and Jens Wrona
3018: Take it or Leave it: Take-up, Optimal Transfer Programs, and Monitoring
Laurence Michèle Jacquet
3017: Optimal Investment and Financial Strategies under Tax Rate Uncertainty
Alessandro Fedele , Paolo M. Panteghini and Sergio Vergalli
3016: Racial Differences in Body-Mass Indices for Men Imprisoned in 19th Century US Prisons: A Multinomial Approach
Scott A. Carson
3015: Time-Varying Spot and Futures Oil Price Dynamics
Guglielmo Maria Caporale , Davide Ciferri and Alessandro Girardi
3014: Identification of Voters with Interest Groups Improves the Electoral Chances of the Challenger
Vjollca Sadiraj , Jan Tuinstra and Frans A.A.M. van Winden
3013: The Pungent Smell of "Red Herrings": Subsoil Assets, Rents, Volatility and the Resource Curse
(Rick) van der Ploeg, Frederick and Steven Poelhekke
3012: The Economics of Terrorism and Counter-Terrorism: A Survey (Part II)
Friedrich Georg Schneider , Tilman Brück and Daniel Meierrieks
3011: The Economics of Terrorism and Counter-Terrorism: A Survey (Part I)
Friedrich Georg Schneider , Tilman Brück and Daniel Meierrieks
3010: Migration and Networks: Does Education Matter more than Gender?
Michel AR Beine and Sara Salomone
3009: Renminbising China's Foreign Assets
Yin-Wong Cheung , Guonan Ma and Robert Neil McCauley
3008: International Trade without CES: Estimating Translog Gravity
Dennis Novy
3007: Sample Selectivity and the Validity of International Student Achievement Tests in Economic Research
Eric A. Hanushek and Ludger Woessmann
3006: Why do Foreign Banks Withdraw from other Countries? A Panel Data Analysis
Aneta Hryckiewicz and Oskar Kowalewski
3005: Global Cartels, Leniency Programs and International Antitrust Cooperation
Jay Pil Choi and Heiko Gerlach
3004: Price Coordination in Two-Sided Markets: Competition in the TV Industry
Hans Jarle Kind , Tore Nilssen and Lars Sørgard
3003: Climate Treaties and Backstop Technologies
Scott Barrett
3002: Does Cost Sharing really Reduce Inappropriate Prescriptions?
Joan Costa--Font and Marin Gemmill-Toyama
3001: Banking and Debt Crisis in Europe: The Dangerous Liaisons?
Bertrand Candelon and Franz C. Palm
3000: Public Provision, Commodity Demand and Hours of Work: An Empirical Analysis
Jukka Pirttilä and Ilpo Suoniemi
2999: Nineteenth Century Stature and Family Size: Binding Constraint or Productive Labor Force?
Scott A. Carson
2998: What Should we Expect from Innovation? A Model-Based Assessment of the Environmental and Mitigation Cost Implications of Climate-Related R&D
Valentina Bosetti , Carlo Carraro , Romain Duval and Massimo Tavoni
2997: A Comparison of Optimal Tax Policies when Compensation or Responsibility Matter
Laurence Michèle Jacquet and Dirk Van de gaer
2996: Do More Effective Teachers Earn More Outside of the Classroom?
Matthew M. Chingos and Martin R. West
2995: The Quantity Theory of Money: An Assessment of its Real Linchpin Prediction
Claude Hillinger and Bernd Süßmuth
2994: Effects of Prenatal and Early Life Malnutrition: Evidence from the Greek Famine
Sven Neelsen and Thomas Stratmann
2993: The Costs of Favoritism: Is Politically-driven Aid less Effective?
Axel Dreher , Stephan Klasen , James Raymond Vreeland and Eric Werker
2992: Buy Coal! Deposit Markets Prevent Carbon Leakage
Bard Harstad
2991: Migration and the Welfare State: Dynamic Political-Economy Theory
Assaf Razin , Efraim Sadka and Benjarong Suwankiri
2990: A Simple Model of Service Offshoring with Time Zone Differences
Toru Kikuchi and Ngo Van Long
2989: Family Location and Caregiving Patterns from an International Perspective
Helmut Rainer and Thomas Siedler
2988: The Optimal Climate Policy Portfolio when Knowledge Spills across Sectors
Emanuele Massetti and Lea Nicita
2987: The Trend of BMI Values among US Adults
John H. Komlos and Marek Brabec
2986: The Choice of Environmental Policy Instruments: Energy Efficiency and Redistribution
Alexander Haupt and Magdalena Stadejek
2985: Profit Shifting by Debt Financing in Europe
Francesca Barion , Raffaele Miniaci , Paolo M. Panteghini and Maria Laura Parisi
2984: Well-being Inequality and Reference Groups - An Agenda for New Research
Bernard M.S. van Praag
2983: Why Does Height Matter for Educational Attainment? Evidence from German Pre-Teen Children
Francesco Cinnirella , Marc Piopiunik and Joachim Klaus Winter
2982: Efficient Subsidization of Human Capital Accumulation with Overlapping Generations and Endogenous Growth
Wolfram F. Richter and Christoph Braun
2981: Rapacious Resource Depletion, Excessive Investment and Insecure Property Rights
(Rick) van der Ploeg, Frederick
2980: What is the Best Environmental Policy? Taxes, Permits and Rules under Economic and Environmental Uncertainty
Konstantinos Angelopoulos , George Economides and Apostolis Philippopoulos
2979: Incentives, Reputation and the Allocation of Authority
Florian Englmaier , Ales Filipi and Ravi Singh
2978: Stock Market Integration between three CEECs, Russia and the UK
Guglielmo Maria Caporale and Nicola Spagnolo
2977: Optimum Taxation of Bequests in a Model with Initial Wealth
Johann K. Brunner and Susanne Pech
2976: Do Governments Tax Agglomeration Rents?
Hyun-Ju Koh and Nadine Riedel
2975: Investment, Resolution of Risk, and the Role of Affect
Frans A.A.M. van Winden , Michal Wiktor Krawczyk and Astrid Hopfensitz
2974: Asymmetry in Volatility: A Comparison of Developed and Transition Stock Markets
Piotr Wdowinski and Marta Malecka
2973: Informal Benchmarks as a Source of Regulatory Threat in Unregulated Utility Sectors
Magnus Söderberg
2972: Modeling Russia for Climate Change Issues
Ali Bayar , Frederic Nicolas Dramais , Cristina Mohora , Masudi Opese and Bram Smeets
2971: Application of Regionally Varying Additionality Degrees in the Practice of EU Cohesion Policy
Chang Woon Nam and Georg Wamser
2970: Taxing Children: The Re-distributive Role of Child Benefits - Revisited
Tomer Blumkin , Yoram Margalioth and Efraim Sadka
2969: Efficient Education Policy - A Second-Order Elasticity Rule
Wolfram F. Richter
2968: A Note on the Time Series Measure of Conservatism
Sebastian Brauer and Frank Westermann
2967: Autocratic Transitions and Growth
Tommaso Nannicini and Roberto Ricciuti
2966: Climate Change and Carbon Tax Expectations
Michael Hoel
2965: Age, Wage and Productivity
Jan van Ours and Lenny Stoeldraijer
2964: Incentive Regulation, Investments and Technological Change
Ingo Vogelsang
2963: Is There Really a Green Paradox?
(Rick) van der Ploeg, Frederick and Cees Withagen
2962: The Dynamics of Climate Agreements
Bard Harstad
2961: Dialects, Cultural Identity, and Economic Exchange
Oliver Falck , Stephan Heblich , Alfred Lameli and Jens Suedekum
2960: Biofuels Subsidies and the Green Paradox
R. Quentin Grafton , Tom Kompas and Ngo Van Long
2959: Beyond the Classroom: Using Title IX to Measure the Return to High School Sports
Betsey Stevenson
2958: How do Electoral Systems Affect Fiscal Policy? Evidence from State and Local Governments, 1890 to 2005
Patricia Funk and Christina Gathmann
2957: From Politics to the Family: How Sex-Role Attitudes Keep on Diverging in Reunified Germany
Stefan Josef Bauernschuster and Helmut Rainer
2956: The Optimal Babel - An Economic Framework for the Analysis of Dynamic Language Rights
Bengt-Arne Wickström
2955: Steady-State Growth and the Elasticity of Substitution
Andreas Irmen
2954: Workers without Borders? Culture, Migration and the Political Limits to Globalization
Sanjay Jain , Sumon Majumdar and Sharun Mukand