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CESifo Working Paper Series

From CESifo Group Munich
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3104: The Effect of Education on Marital Status and Partner Characteristics: Evidence from the UK Downloads
Dan Anderberg and Yu Zhu
3103: Competition and Relationship Lending: Friends or Foes? Downloads
Andrea Presbitero and Alberto Zazzaro
3102: Investor Protection and Foreign Stakeholders Downloads
Maela Giofre'
3101: Financial Dollarization and European Union Membership Downloads
Kyriakos Neanidis
3100: Who do you Blame in Local Finance? An Analysis of Municipal Financing in Italy Downloads
Massimo Bordignon and Santino Piazza
3099: Labor Markets and Capital Tax Competition Downloads
Thomas Eichner and Thorsten Upmann
3098: Whither Public Interest: The Case of Greece's Public Finances Downloads
Thomas Moutos and Christos Tsitsikas
3097: A Continuous Theory of Income Insurance Downloads
Assar Lindbeck and Mats Persson
3096: Hotelling Competition with Multi-Purchasing: Time Magazine, Newsweek, or both? Downloads
Simon Anderson, Øystein Foros and Hans Jarle Kind
3095: The Contribution of Pharmaceutical Innovation to Longevity Growth in Germany and France Downloads
Frank Lichtenberg
3094: Accidental Bequests: A Curse for the Rich and a Boon for the Poor Downloads
Helmuth Cremer, Firouz Gahvari and Pierre Pestieau
3093: A Unified Framework for Using Micro-Data to Compare Dynamic Wage and Price Setting Models Downloads
Huw Dixon
3092: Quantifying Optimal Growth Policy Downloads
Volker Grossmann, Thomas Steger and Timo Trimborn
3091: The Interaction of Legal and Social Norm Enforcement Downloads
Sebastian Kube and Christian Traxler
3090: Remittances and Financial Openness Downloads
Michel Beine, Elisabetta Lodigiani and Robert Vermeulen
3089: IMF Surveillance and Financial Markets - A Political Economy Analysis Downloads
Marcel Fratzscher and Julien Reynaud
3088: Fiscal Rules and Composition Bias in OECD Countries Downloads
Momi Dahan and Michel Strawczynski
3087: Determinants of Constitutional Change: Why do Countries Change their Form of Governments? Downloads
Bernd Hayo and Stefan Voigt
3086: School Competition and Students' Entrepreneurial Intentions: International Evidence Using Historical Catholic Roots of Private Schooling Downloads
Oliver Falck and Ludger Woessmann
3085: Interjurisdictional Linkages and the Scope for Interventionist Legal Harmonization Downloads
Andrzej Baniak and Peter Grajzl
3084: Labour Disputes and the Game of Legal Representation Downloads
Henri Fraisse
3083: International Carbon Emissions Trading and Strategic Incentives to Subsidize Green Energy Downloads
Thomas Eichner and Rüdiger Pethig
3082: Firm Level Productivity under Imperfect Competition in Output and Labor Markets Downloads
Sara Amoroso, Peter Kort, Bertrand Melenberg, Joseph Plasmans and Mark Vancauteren
3081: Supply, Demand and Monetary Policy Shocks in a Multi-Country New Keynesian Model Downloads
Stephane Dees, M Pesaran, L. Vanessa Smith and Ron P. Smith
3080: The VARying Effect of Foreign Shocks in Central and Eastern Europe Downloads
Rebeca Jiménez-Rodríguez, Amalia Morales-Zumaquero and Balázs Égert
3079: The Economic Consequences of Rising U.S. Government Debt: Privileges at Risk Downloads
Henning Bohn
3078: World Heritage List: Does it Make Sense? Downloads
Bruno Frey and Lasse Steiner
3077: How to Deal with Covert Child Labour, and Give Children an Effective Education, in a Poor Developing Country: An Optimal Taxation Problem with Moral Hazard Downloads
Alessandro Cigno
3076: The Effects of Taxation on the Location Decision of Multinational Firms: M&A vs. Greenfield Investments Downloads
Shafik Hebous, Martin Ruf and Alfons Weichenrieder
3075: Fiscal and Migration Competition Downloads
Assaf Razin and Efraim Sadka
3074: EU Banks Rating Assignments: Is there Heterogeneity between New and Old Member Countries? Downloads
Guglielmo Maria Caporale, Roman Matousek and Chris Stewart
3073: Optimal Liability Sharing and Court Errors: An Exploratory Analysis Downloads
Marcel Boyer and Donatella Porrini
3072: Optimal Monetary Policy when Agents are Learning Downloads
Krisztina Molnar and Sergio Santoro
3071: The Old-Boy Network and the Quality of Entrepreneurs Downloads
Mehmet Bac and Eren Inci
3070: Culture and Cooperation Downloads
Simon Gaechter, Benedikt Herrmann and Christian Thöni
3069: Estimating Incentive and Welfare Effects of Non-Stationary Unemployment Benefits Downloads
Andrey Launov and Klaus Wälde
3068: Why do Scandinavians Work? Downloads
Torben Andersen
3067: Core-stable Rings in Auctions with Independent Private Values Downloads
Omer Biran and Francoise Forges
3066: Strategic Trade Policy through the Tax System Downloads
Johannes Becker
3065: Do Undergraduate Majors or Ph.D. Students Affect Faculty Size? Downloads
William Becker, William Greene and John Siegfried
3064: Après nous le Déluge: Fertility and the Intensity of Struggle against Immigration Downloads
Leonid Azarnert
3063: Volatility Transmission in Emerging European Foreign Exchange Markets Downloads
Vit Bubak, Evžen Kočenda and Filip Zikes
3062: Efficient Management of Insecure Fossil Fuel Imports through Taxing (!) Domestic Green Energy? Downloads
Thomas Eichner and Rüdiger Pethig
3061: A Panel Data Investigation of Real Exchange Rate Misalignment and Growth Downloads
Ronald MacDonald and Flavio Vieira
3060: A New Approach to Solving Production-Appropriation Games with Many Heterogeneous Players Downloads
Richard Cornes, Roger Hartley and Yuji Tamura
3059: Marginal Tax Rates and Tax-Favoured Pension Savings of the Self-Employed - Evidence from Sweden Downloads
Håkan Selin
3058: Has the Euro Affected the Choice of Invoicing Currency? Downloads
Jenny Ligthart and Sebastian E. V. Werner
3057: The Patterns of Inter-firm and Inter-industry Knowledge Flows in the Netherlands Downloads
Joseph Plasmans and Ruslan Lukach
3056: Do Natural Resources Depress Income Per Capita? Downloads
Rabah Arezki and Frederick (Rick) van der Ploeg
3055: Econometric Analysis of High Dimensional VARs Featuring a Dominant Unit Downloads
M Pesaran and Alexander Chudik
3054: Limit-Order Submission Strategies under Asymmetric Information Downloads
Lukas Menkhoff, Carol Osler and Maik Schmeling
3053: Marginal Deadweight Loss when the Income Tax is Nonlinear Downloads
Sören Blomquist and Laurent Simula
3052: Active Currency Investing and Performance Benchmarks Downloads
Michael Melvin and Duncan Shand
3051: Redistributive Income Taxation under Outsourcing and Foreign Direct Investment Downloads
Thomas Aronsson and Erkki Koskela
3050: Competition and Stability in Banking Downloads
Xavier Vives
3049: A Race beyond the Bottom: The Nature of Bidding for a Firm Downloads
Taiji Furusawa, Kazumi Hori and Ian Wooton
3048: Tax-Competition with Involuntary Unemployment Downloads
Thomas Eichner and Thorsten Upmann
3047: Exports and Property Prices in France: Are they Connected? Downloads
Balázs Égert and Rafal Kierzenkowski
3046: Population under a Cap on Greenhouse Gas Emissions Downloads
Henning Bohn and Charles Stuart
3045: Pay as you Go: A New Proposal for Museum Pricing Downloads
Bruno Frey and Lasse Steiner
3044: Prices vs. Quantities and the Intertemporal Dynamics of the Climate Rent Downloads
Matthias Kalkuhl and Ottmar Edenhofer
3043: The Employment Effects of Low-Wage Subsidies Downloads
Kristiina Huttunen, Jukka Pirttilä and Roope Uusitalo
3042: A Note on the Computation of the Equity Premium and the Market Value of Firm Equity Downloads
Burkhard Heer and Alfred Maussner
3041: Multinational Capital Structure and Tax Competition Downloads
Matthias Wrede
3040: Tax Incentives, Bequest Motives, and the Demand for Life Insurance: Evidence from two Natural Experiments in Germany Downloads
Nicolas Sauter, Jan Walliser and Joachim Winter
3039: Technological Imitation and Innovation in New European Union Markets Downloads
Ainura Uzagalieva, Evžen Kočenda and Antonio Menezes
3038: Aggressive Oil Extraction and Precautionary Saving: Coping with Volatility Downloads
Frederick (Rick) van der Ploeg
3037: The Economics of International Differences in Educational Achievement Downloads
Eric Hanushek and Ludger Woessmann
3036: Evaluating Nationwide Health Interventions when Standard Before-After Doesn't Work: Malawi's ITN Distribution Program Downloads
Eva Deuchert and Conny Wunsch
3035: Decentralization and Foreign Aid Effectiveness: Do Aid Modality and Federal Design Matter in Poverty Alleviation? Downloads
Christian Lessmann and Gunther Markwardt
3034: Multinationals, Minority Ownership and Tax-Efficient Financing Structures Downloads
Dirk Schindler and Guttorm Schjelderup
3033: Structural Change in OECD Comparative Advantage Downloads
Steven Brakman, Robert Inklaar and Charles Marrewijk
3032: Welfare Policy in the Presence of Unionised Labour and Internationally Mobile Firms Downloads
Silvia Rocha-Akis and Ronnie Schöb
3031: Forecasting Nonlinear Aggregates and Aggregates with Time-varying Weights Downloads
Helmut Luetkepohl
3030: The Effects of a Bonus Tax on Manager Compensation and Welfare Downloads
Doina Radulescu
3029: Explaining the Favorite-Longshot Bias: Is it Risk-Love or Misperceptions? Downloads
Erik Snowberg and Justin Wolfers
3028: Optimal Delegation when the Large Shareholder has Multiple Tasks Downloads
Clara Graziano and Annalisa Luporini
3027: Is Economic Recovery a Myth? Robust Estimation of Impulse Responses Downloads
C. N. Teulings and Nick Zubanov
3026: Matching and Saving in Continuous Time: Proofs Downloads
Christian Bayer and Klaus Wälde
3026: Matching and Saving in Continuous Time: Theory Downloads
Christian Bayer and Klaus Wälde
3025: Immigration, Fertility, and Human Capital: A Model of Economic Decline of the West Downloads
Leonid Azarnert
3024: Making Sense of Non-Binding Retail-Price Recommendations Downloads
Stefan Buehler and Dennis Gärtner
3023: Conditional Volatility and Correlations of Weekly Returns and the VaR Analysis of 2008 Stock Market Crash Downloads
Bahram Pesaran and M Pesaran
3022: Fiscal Federalism and Electoral Accountability Downloads
Toke Aidt and Jayasri Dutta
3021: Demand Patterns for Treatment Insurance in Norway Downloads
Karl Ove Aarbu
3020: Top-Down versus Bottom-Up Macroeconomics Downloads
Paul De Grauwe
3019: Offshoring Tasks, yet Creating Jobs? Downloads
Wilhelm Kohler and Jens Wrona
3018: Take it or Leave it: Take-up, Optimal Transfer Programs, and Monitoring Downloads
Laurence Jacquet
3017: Optimal Investment and Financial Strategies under Tax Rate Uncertainty Downloads
Alessandro Fedele, Paolo Panteghini and Sergio Vergalli
3016: Racial Differences in Body-Mass Indices for Men Imprisoned in 19th Century US Prisons: A Multinomial Approach Downloads
Scott A. Carson
3015: Time-Varying Spot and Futures Oil Price Dynamics Downloads
Guglielmo Maria Caporale, Davide Ciferri and Alessandro Girardi
3014: Identification of Voters with Interest Groups Improves the Electoral Chances of the Challenger Downloads
Vjollca Sadiraj, Jan Tuinstra and Frans van Winden
3013: The Pungent Smell of "Red Herrings": Subsoil Assets, Rents, Volatility and the Resource Curse Downloads
Frederick (Rick) van der Ploeg and Steven Poelhekke
3012: The Economics of Terrorism and Counter-Terrorism: A Survey (Part II) Downloads
Friedrich Schneider, Tilman Brück and Daniel Meierrieks
3011: The Economics of Terrorism and Counter-Terrorism: A Survey (Part I) Downloads
Friedrich Schneider, Tilman Brück and Daniel Meierrieks
3010: Migration and Networks: Does Education Matter more than Gender? Downloads
Michel Beine and Sara Salomone
3009: Renminbising China's Foreign Assets Downloads
Yin-Wong Cheung, Guonan Ma and Robert McCauley
3008: International Trade without CES: Estimating Translog Gravity Downloads
Dennis Novy
3007: Sample Selectivity and the Validity of International Student Achievement Tests in Economic Research Downloads
Eric Hanushek and Ludger Woessmann
3006: Why do Foreign Banks Withdraw from other Countries? A Panel Data Analysis Downloads
Aneta Hryckiewicz and Oskar Kowalewski
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