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CESifo Working Paper Series
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947: Stabilizing Competitive Cycles with Distortionary Taxation
Erkki Koskela and Mikko Puhakka
946: The Double Dividend Hypothesis of Environmental Taxes: A Survey
Ronnie Schöb
945: The Principal-Agent Matching Market
Kaniska Dam
944: Mergers, Investment Decisions and Internal Organisation
Albert Banal-Estanol , Ines Macho-Stadler and Jo Seldeslachts
943: Tax Competition in a Fiscal Union with Decentralized Leadership
Marko Koethenbuerger
942: Workfare and Trade Unions: Labor Market Repercussions of Welfare Reform
Ronnie Schöb
941: The Kalai-Smorodinsky Solution in Labor-Market Negotiations
Thorsten Bayindir-Upmann and Anke Gerber
940: Spanish Unemployment: The End of the Wild Ride?
Samuel Bentolila and Juan F Jimeno
939: The Effect of Central Exit Examinations on Student Achievement: Quasi-experimental Evidence from TIMSS Germany
Hendrik Jürges , Kerstin Schneider and Felix Büchel
938: Is there a Case for Public Provision of Private Goods if Preferences are Heterogeneous? An Example with Day Care
Sören Blomquist and Vidar Christiansen
937: Education Policy and Mobility: Some Basic Results
Ulrich Hange
936: Are Stationary Hyperinflation Paths Learnable?
Klaus Adam , George William Evans and Seppo Honkapoja
935: The Marginal Cost of Public Funds in OECD Countries. Hours of Work Versus Labor Force Participation
Henrik Jacobsen Kleven and Claus Thustrup Kreiner
934: Irreversible Investments and Regulatory Risk
Paolo M. Panteghini and Carlo Scarpa
933: From Excess to Shortage - Recent Developments in the Danish Labour Market
Torben Andersen
932: Hotelling Tax Competition
Myrna Wooders and Benjamin C. Zissimos
931: Social Norms and Welfare State Dynamics
Assar Lindbeck , Sten Nyberg and Jörgen W. Weibull
930: Does Venture Capital Investment Spur Employment Growth?
Ansgar Belke , Rainer Fehn and Neil Foster-McGregor
929: Competing for Foreign Direct Investments: A Real Options Approach
Paolo M. Panteghini and Guttorm Schjelderup
928: Assessing the Efficiency of an Insurance Provider - A Measurement Error Approach
Mario Jametti and Thomas von Ungern-Sternberg
927: Statements of ECB Officials and their Effect on the Level and Volatility of the Euro-Dollar Exchange Rate
David-Jan Jansen and Jakob de Haan
926: International Financial Crises
Rüdiger Dornbusch and Stanley Fischer
925: Assessing the "Choosiness" of Job Seekers. An Exploratory Approach and Evidence for Italy
Ugo Trivellato and Anna Giraldo
924: Dissecting the PPP Puzzle: The Unconventional Roles of Nominal Exchange Rate and Price Adjustment
Yin-Wong Cheung , Kon S. Lai and Michael Bergman
923: Risk Aversion and the Subjective Time Discount Rate: A Joint Approach
Bernard M.S. van Praag and Adam S. Booij
922: Improving Incentives in Unemployment Insurance: A Review of Recent Research
Peter Fredriksson and Bertil Holmlund
921: All in the Family or Public? Law and Appropriative Costs as Determinants of Ownership Structure
Ramon Castillo and Stergios Skaperdas
920: Endogenous Business Cycles and Growth
Klaus Waelde
919: Optimal Design of Intergovernmental Grants under Asymmetric Information
Bernd Huber and Marco Runkel
918: The Rise and Fall of Swedish Unemployment
Bertil Holmlund
917: Has the Dutch Miracle Come to an End?
Jan van Ours
916: Some Macroeconomic Consequences of Basic Income and Employment Subsidies
Thomas Moutos and William Scarth
915: Collective Investment Decision Making with Heterogeneous Time Preferences
Christian Gollier and Richard J. Zeckhauser
914: Managerial Job Assignment and Imperfect Competition in Asymmetric Equilibrium
Volker Grossmann
913: The Signaling Role of Municipal Currencies in Local Development
Rajshri Jayaraman and Mandar Oak
912: Privatization in Italy 1993-2002: Goals, Institutions, Outcomes, and Outstanding Issues
Andrea Goldstein
911: Trade, Wage Gaps, and Specific Human Capital Accumulation
Ngo Van Long , Raymond G. Riezman and Antoine Soubeyran
910: Satisfaction not Guaranteed - Institutions and Satisfaction with Democracy in Western Europe
Alexander F. Wagner , Mathias Dufour and Friedrich Georg Schneider
909: Collective Risk-Taking Decisions with Heterogeneous Beliefs
Christian Gollier
908: Producing and Manipulating Information
Robert Dur and Otto Swank
907: The Structure and History of Italian Unemployment
Giuseppe Bertola and Pietro Garibaldi
906: Economic Growth and Judicial Independence: Cross Country Evidence Using a New Set of Indicators
Lars P. Feld and Stefan Voigt
905: Inverse Campaigning
Kai A. Konrad
904: Dusting off the Perception of Risk and Returns in FOREX Markets
Phornchanok Cumperayot
903: Enlargements and the Principles of Designing EU - Decision-Making Procedures
Mika Tapani Widgrén
902: What Do We Know about Recent Exchange Rate Models? In-Sample Fit and Out-of-Sample Performance Evaluated
Yin-Wong Cheung , Menzie Chinn and Antonio I. Garcia Pascual
901: Restraining the Genuine Homo Economicus: Why the Economy Cannot be Divorced from its Governance
Stergios Skaperdas
900: Experiments and Simulations on Day-to-Day Route Choice-Behaviour
Reinhard Selten , M. Schreckenberg , Thomas Pitz , Thorsten Chmura and Sebastian Kube
899: Catching Up: The Role of Demand, Supply and Regulated Price Effects on the Real Exchange Rates of Four Accession Countries
Ronald MacDonald and Cezary Wójcik
898: Capital Market Institutions and Venture Capital: Do They Affect Unemployment and Labour Demand?
Rainer Fehn and Thomas Fuchs
897: Gains from Trade in Tax Revenue and the Efficiency Case for Trade Taxes
Jeremy Edwards
896: Rights and Citizenship in the European Union
Dennis C. Mueller
895: A Panel Data Study of Physicians’ Labor Supply: The Case of Norway
Badi H. Baltagi , Espen Bratberg and Tor Helge Holmås
894: A Re-examination of the Link between Real Exchange Rates and Real Interest Rate Differentials
Mathias Hoffmann and Ronald MacDonald
893: Turkey and the EU: Politics and Economics of Accession
Harry Flam
892: Strategic Trade Policy and the Home Bias in Firm Ownership Structure
Steffen Huck and Kai A. Konrad
891: Monetary Policy in EMU when the Transmission is Asymmetric and Uncertain
Paul De Grauwe and Marc-Alexandre Senegas
890: Rolling Back the Public Sector - Differential Effects on Employment, Investment and Growth
(Rick) van der Ploeg, Frederick
889: Optimum Delayed Retirement Credit
Eytan Sheshinski
888: Coordinating Sectoral Policymaking: Searching for Countervailing Mechanisms in the EU Legislative Process
Bernard Steunenberg
887: Initial Capital Constraints Hinder Entrepreneurial Venture Performance: An empirical analysis
Mirjam van Praag
886: Do Social Policies Harm Employment and Growth?
(Rick) van der Ploeg, Frederick
885: Globalisation and Social Spending
Paul De Grauwe and Magdalena Polan
884: Note on the Optimum Pricing of Annuities
Eytan Sheshinski
883: The Genesis of Venture Capital - Lessons from the German Experience
Ralf Becker and Thomas Hellmann
882: Venture Cycles: Theory and Evidence
Thomas P. Gehrig and Rune Stenbacka
881: Income Inequality in OECD Countries: Data and Explanations
Anthony Barnes Atkinson
880: Note on Income Taxation and Occupational Choice
Eytan Sheshinski
879: Pensions and Fertility Incentives
Robert Fenge and Volker Meier
878: The Un-Intended Convergence: How the Finnish Unemployment Reached the European Level
Erkki Koskela and Roope Uusitalo
877: Public Economics and Startup Entrepreneurs
Robin W. Boadway and Jean-François Tremblay
876: Education, Social Equality and Economic Growth: A View of the Landscape
Thorvaldur Gylfason and Gylfi Zoega
875: How Costly is it to Ignore Breaks when Forecasting the Direction of a Time Series?
Allan Timmermann and M Hashem Pesaran
874: Effects of Immigration on Labour Markets and Government Budgets - An Overview
Willi Leibfritz , O'Brien, Paul Sherlock and Jean-Christophe Dumont
873: Optimum and Risk-Class Pricing of Annuities
Eytan Sheshinski
872: Tax Policy and Entrepreneurship in the Presence of Asymmetric Information in Capital Markets
Clemens Fuest , Bernd Huber and Philipp Tillessen
871: Unemployment in Germany: Reasons and Remedies
Norbert Berthold and Rainer Fehn
870: On the Tree-Cutting Problem under Interest Rate and Forest Value Uncertainty
Luis H. R. Alvarez and Erkki Koskela
869: Estimation and Inference in Large Heterogenous Panels with Cross Section Dependence
M Hashem Pesaran
868: Bounded Rationality and Socially Optimal Limits on Choice in a Self-Selection Model
Eytan Sheshinski
867: The Inflationary Impact of Wage Indexation
Frank Heinemann
866: A Nation-Wide Laboratory. Examining Trust and Trustworthiness by Integrating Behavioral Experiments into Representative Survey
Ernst Fehr , Urs Fischbacher , Bernhard von Rosenbladt , Jürgen Schupp and Gert G. Wagner
865: The Mix Between Pay-as-you-go and Funded Pensions and What Demography Has to Do with it
Bernard M.S. van Praag and Pedro Cardoso
864: Investor Protections and Concentrated Ownership: Assessing Corporate Control Mechanisms in the Netherlands
Bob Chirinko , Hans van Ees , Harry Garretsen and Elmer Sterken
863: Theory of the Avatar
Edward Castronova
862: Efficient Transfer of Aging Provisions in Private Health Insurance
Volker Meier
861: How Sustainable Are Old-age Pensions in a Shrinking Population with Endogenous Labour Supply?
Pedro Cardoso and Bernard M.S. van Praag
860: Financial Crisis, Economic Recovery and Banking Development in Former Soviet Union Economies
Haizhou Huang , Dalia Marin and Chenggang Xu
859: Is Strong Reciprocity a Maladaptation? On the Evolutionary Foundations of Human Altruism
Ernst Fehr and Joseph Henrich
858: Strategic Campaigns and Redistributive Politics
Christian Schultz
857: A General Approach to the Stochastic Rotation Problem with Amenity Valuation
Luis H. R. Alvarez and Erkki Koskela
856: When Unemployment Disappears: Ireland in the 1990s
Brendan Walsh
855: Capital Accumulation and Employment Cycles in a Model of Creative Destruction
Tapio Palokangas
854: Decentralization and International Tax Competition
John Douglas Wilson and Eckhard Janeba
853: Comparative Venture Capital Governance. Private versus Labour Sponsored Venture Capital Funds
Douglas J. Cumming and Jeffrey G. MacIntosh
852: The Economic Welfare Cost of Conflict: An Empirical Assessment
Gregory Dawson Hess
851: China, Hong Kong, and Taiwan: A Quantitative Assessment of Real and Financial Integration
Yin-Wong Cheung , Menzie Chinn and Eiji Fujii
850: Public Policy for Start-up Entrepreneurship with Venture Capital and Bank Finance
Christian Keuschnigg and Søren Bo Nielsen
849: Labour Market Performance and Start-up Costs: OECD Evidence
Paloma Lopez-Garcia
848: Wage Differentiation via Subsidised General Training
Steinar Holden and V Bhaskar