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CESifo Working Paper Series

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1658: Outsourcing in Contests Downloads
Frode Meland and Odd Rune Straume
1657: Cross-Racial Envy and Underinvestment in South Africa Downloads
Daniel Haile, Abdolkarim Sadrieh and Harrie A. A Verbon
1656: Efficient Revenue Sharing and Upper Level Governments: Theory and Application to Germany Downloads
Thiess Büttner, Sebastian Hauptmeier and Robert Schwager
1655: What are their Words Worth? Political Plans and Economic Pains of Fiscal Consolidations in New EU Member States Downloads
Jan Zapal and Ondrej Schneider
1654: A Model of Strategic Delegation in Contests between Groups Downloads
Stefan Brandauer and Florian Englmaier
1653: Corruption and the Shadow Economy: An Empirical Analysis Downloads
Axel Dreher and Friedrich Georg Schneider
1652: Does Money Matter in the ECB Strategy? New Evidence Based on ECB Communication Downloads
Helge Berger and Jan-Egbert Sturm
1651: Structural Vector Autoregressions with Nonnormal Residuals Downloads
Markku Lanne and Helmut Luetkepohl
1650: Learning, Structural Instability and Present Value Calculations Downloads
M Hashem Pesaran, Davide Pettenuzzo and Allan Timmermann
1649: Real and Nominal Wage Adjustment in Open Economies Downloads
Anders Forslund, Nils Gottfries and Andreas Westermark
1648: On Human Capital Formation with Exit Options: Comment and New Results Downloads
Panu Poutvaara
1647: Extracting Leading Indicators of Bank Fragility from Market Prices – Estonia Focus Downloads
Yu-Fu Chen, Michael Funke and Kadri Männasoo
1646: Political Competition and Convergence to Fundamentals: With Application to the Political Business Cycle and the Size of Government Downloads
J. Stephen Ferris, Soo-Bin Park and Stanley L Winer
1645: The Savings-Inflation Puzzle Downloads
Burkhard Heer and Bernd Süssmuth
1644: Rent-Seeking Competition from State Coffers: A Calibrated DSGE Model of the Euro Area Downloads
Konstantinos Angelopoulos, Apostolis Philippopoulos and Vanghelis Vassilatos
1643: The Structure of Worker Compensation in Brazil, with a Comparison to France and the United States Downloads
Naercio Menezes-Filho, Marc-Andreas Muendler and Garey Ramey
1642: Optimum Taxation of Life Annuities Downloads
Johann K. Brunner and Susanne Pech
1641: Top Incomes and Top Taxes in Germany Downloads
Stefan Bach, Giacomo Corneo and Viktor Steiner
1640: A Reappraisal of the Border Effect on Relative Price Volatility Downloads
Yin-Wong Cheung and Kon S. Lai
1639: Violent Groups and Police Tactics: Should Tear Gas Make Crime Preventers Cry? Downloads
Panu Poutvaara and Mikael Priks
1638: Optimal Stabilization Policy with Flexible Prices Downloads
Aleksander Berentsen and Christopher Waller
1637: Artificial Time Inconsistency as a Remedy for the Race to the Bottom (new title: Delayed Integration as a Possible Remedy for the Race to the Bottom) Downloads
Alfons J. Weichenrieder and Oliver Busch
1636: Explaining Conflict in Low-Income Countries: Incomplete Contracting in the Shadow of the Future Downloads
Michael McBride and Stergios Skaperdas
1635: Do Consumers Buy Less of a Taxed Good? Downloads
Hans Jarle Kind, Marko Köthenbürger and Guttorm Schjelderup
1634: Health Values, Preference Inconsistency, and Insurance Demand Downloads
Matthias Wrede
1633: What Explains the Variation in Estimates of Labour Supply Elasticities? Downloads
Michiel Evers, Ruud Aloysius de Mooij and Daniel J. van Vuuren
1632: The Political Economy of Intergenerational Cooperation Downloads
Alessandro Cigno
1631: The Evolution of Public Spending on Higher Education in a Democracy Downloads
Alexander Haupt
1630: International Capital Market Integration, Educational Choice and Economic Growth Downloads
Hartmut Egger, Peter H. Egger, Josef Falkinger and Volker Grossmann
1629: Wage Bargaining and Political Strength in the Public Sector Downloads
Torberg Falch and Bjarne Strøm
1628: Do Institutions of Direct Democracy Tame the Leviathan? Swiss Evidence on the Structure of Expenditure for Public Education Downloads
Justina A. V. Fischer
1627: Income Taxation, Tuition Subsidies, and Choice of Occupation: Implications for Production Efficiency Downloads
Geir Haakon Bjertnæs
1626: To go or not to go: Emigration from Germany Downloads
Silke Uebelmesser
1625: Tax Competition when Firms Choose their Organizational Form: Should Tax Loopholes for Multinationals be Closed? Downloads
Sam Bucovetsky and Andreas Haufler
1624: Efficiency Potential and Efficiency Variation in Norwegian Lower Secondary Schools Downloads
Lars-Erik Borge and Linn Renée Naper
1623: Nordic Dual Income Taxation of Entrepreneurs Downloads
Vesa Kanniainen, Seppo Kari and Jouko Ylä-Liedenpohja
1622: Tax Effects, Search Unemployment, and the Choice of Educational Type Downloads
Annette Alstadsæter, Ann-Sofie Kolm and Birthe Larsen
1621: On the Research Value of Large Games: Natural Experiments in Norrath and Camelot Downloads
Edward Castronova
1620: Concerns for Equity and the Optimal Co-Payments for Publicly Provided Health Care Downloads
Michael Hoel
1619: Severance Pay and the Shadow of the Law: Evidence for West Germany Downloads
Laszlo Goerke and Markus Pannenberg
1618: Savers, Spenders and Fiscal Policy in a Small Open Economy Downloads
Egil Matsen, Tommy Sveen and Ragnar Torvik
1617: Money, Credit and Banking Downloads
Aleksander Berentsen, Gabriele Camera and Christopher Waller
1616: Is Human Capital Losing from Outsourcing? Evidence for Austria and Poland Downloads
Andzelika Lorentowicz, Dalia Marin and Alexander Raubold
1615: New Evidence on Fiscal Decentralization and the Size of Government Downloads
Jon H. Fiva
1614: Visas and Work Permits: Possible Global Negotiating Initiatives Downloads
Chi-Yung Ng and John Whalley
1613: The Three Parties in the Race to the Bottom: Host Governments, Home Governments and Multinational Companies Downloads
Rosanne Altshuler and Harry Grubert
1612: Taxation and the Financial Structure of German Outbound FDI Downloads
Jack M. Mintz and Alfons J. Weichenrieder
1611: The Pluralism of Fairness Ideals: An Experimental Approach Downloads
Alexander Wright Cappelen, Astri D. Hole, Erik Ø. Sørensen and Bertil Tungodden
1610: Should you Take a Lump-Sum or Annuitize? Results from Swiss Pension Funds Downloads
Monika Buetler and Federica Teppa
1609: The Generalized Stackelberg Equilibrium of the All-Pay Auction with Complete Information Downloads
Kai A. Konrad and Wolfgang Leininger
1608: Labour Market Institutions and the Personal Distribution of Income in the OECD Downloads
Daniele Checchi and Cecilia Garcia-Penalosa
1607: Worker Absenteeism in Search Equilibrium Downloads
Per Engström and Bertil Holmlund
1606: Is Monetary Policy in the Eurozone less Effective than in the US? Downloads
Paul De Grauwe and Cláudia Costa Storti
1605: Policy-induced Internal Migration: An Empirical Investigation of the Canadian Case Downloads
Kathleen M. Day and Stanley L Winer
1604: How Important is Discount Rate Heterogeneity for Wealth Inequality? Downloads
Lutz Hendricks
1603: Product Market Competition, Profit Sharing and Equilibrium Unemployment Downloads
Erkki Koskela and Rune Stenbacka
1602: Cross-Border Mergers and Acquisitions: On Revealed Comparative Advantage and Merger Waves Downloads
Steven Brakman, Harry Garretsen and Charles van Marrewijk
1601: Fiscal Federalism and Economic Growth Downloads
Jan K. Brueckner
1600: The Different Extent of Privatisation Proceeds in EU Countries: A Preliminary Explanation Using a Public Choice Approach Downloads
Ansgar Belke, Frank Baumgärtner, Friedrich Georg Schneider and Ralph Setzer
1599: Survey Expectations Downloads
M Hashem Pesaran and Martin Robert Weale
1598: Gender and Ethnicity – Married Immigrants in Britain Downloads
Christian Dustmann and Francesca Fabbri
1597: Transparency of Monetary Policy: Theory and Practice Downloads
Petra Maria Geraats
1596: Survivor Benefits and the Gender Tax Gap in Public Pension Schemes: Observations from Germany Downloads
Martin Werding
1595: International Fragmentation: Boon or Bane for Domestic Employment? Downloads
Hartmut Egger and Udo Kreickemeier
1594: Sustainable Social Spending Downloads
Assar Lindbeck
1593: Electoral Uncertainty, Fiscal Policy and Macroeconomic Fluctuations Downloads
Jim Malley, Apostolis Philippopoulos and Ulrich Woitek
1592: Optimal Tax Policy when Firms are Internationally Mobile Downloads
Johannes Becker and Clemens Fuest
1591: Advertising, Competition and Entry in Media Industries Downloads
Claude Crampes, Carole Haritchabalet and Bruno Jullien
1590: Diversification and Ownership Concentration Downloads
Bruno Maria Parigi and Loriana Pelizzon
1589: Bank Control and the Number of Bank Relations of Japanese Firms Downloads
Kazuo Ogawa, Elmer Sterken and Ichiro Tokutsu
1588: Transfers, Non-Traded Goods, and Unemployment: An Analysis of the Keynes – Ohlin Debate Downloads
Steven Brakman and Charles van Marrewijk
1587: What Determines Differences in Foreign Bank Efficiency? Australian Evidence Downloads
Jan-Egbert Sturm and Barry Williams
1586: Centralized vs. De-centralized Multinationals and Taxes Downloads
Søren Bo Nielsen, Pascalis Raimondos-Møller and Guttorm Schjelderup
1585: On the Incentives to Experiment in Federations Downloads
Christos Kotsogiannis and Robert Schwager
1584: Introducing Time-to-Educate in a Job Search Model Downloads
Sascha O. Becker
1583: Minorities and Storable Votes Downloads
Alessandra Casella, Thomas Palfrey and Raymond G. Riezman
1582: State Visits and International Trade Downloads
Volker Nitsch
1581: Young Liberals and Old Conservatives - Inequality, Mobility and Redistribution Downloads
Astri Muren and Sten Nyberg
1580: Contracting Out Temporary Help Services in Germany Downloads
Elke Jutta Jahn and Wolfgang Ochel
1579: Gentrification and Neighborhood Housing Cycles: Will America's Future Downtowns be Rich? Downloads
Jan K. Brueckner and Stuart S. Rosenthal
1578: The Market for Protection and the Origin of the State Downloads
Kai A. Konrad and Stergios Skaperdas
1577: Social Security and Longevity Downloads
Torben Andersen
1576: Generalized Stochastic Gradient Learning Downloads
George William Evans, Seppo Mikko Sakari Honkapohja and Noah Williams
1575: How Fiscal Decentralization Flattens Progressive Taxes Downloads
Roland Hodler and Kurt Schmidheiny
1574: Social Health Insurance - the Major Driver of Unsustainable Fiscal Policy? Downloads
Christian Hagist, Norbert Klusen, Andreas Plate and Bernd Raffelhüschen
1573: Constant Savings Rates and Quasi-Arithmetic Population Growth under Exhaustible Resource Constraints Downloads
Geir B. Asheim, Wolfgang Buchholz, John M. Hartwick, Tapan Mitra and Cees Withagen
1572: Risk Management of Pension Systems from the Perspective of Loss Aversion Downloads
Johannes Binswanger
1571: Early Retirement and Social Security: A Long Term Perspective Downloads
J. Ignacio Conde-Ruiz, Vincenzo Galasso and Paola Profeta
1570: The Warsaw Stock Exchange Index WIG: Modelling and Forecasting Downloads
Piotr Wdowinski and Aneta Zglinska-Pietrzak
1569: Pension Design when Fertility Fluctuates: The Role of Capital Mobility and Education Financing Downloads
Jovan Zamac
1568: Risk Sharing and Efficiency Implications of Progressive Pension Arrangements Downloads
Hans Fehr and Christian Habermann
1567: Assessing the Maintenance of Savings Sufficiency Over the First Decade of Retirement Downloads
Robert H. Haveman, Karen Holden, Barbara L. Wolfe and Andrei Romanov
1566: Putting New Economic Geography to the Test: Free-ness of Trade and Agglomeration in the EU Regions Downloads
Steven Brakman, Harry Garretsen and Marc Schramm
1565: Unit Roots and Cointegration in Panels Downloads
Jörg Breitung and M Hashem Pesaran
1564: Equilibrium and Efficiency in the Tug-of-War Downloads
Kai A. Konrad and Dan Kovenock
1563: Product Market Competition, Investment and Employment-Abundant versus Job-Poor Growth: A Real Options Perspective Downloads
Yu-Fu Chen and Michael Funke
1562: Distribution of Natural Resources, Entrepreneurship, and Economic Development: Growth Dynamics with two Elites Downloads
Josef Falkinger and Volker Grossmann
1561: Non-Linearities in the Relation between the Exchange Rate and its Fundamentals Downloads
Carlo Altavilla and Paul De Grauwe
1560: Subsidizing Enjoyable Education Downloads
Robert Dur and Amihai Glazer
1559: Sharing Budgetary Austerity under Free Mobility and Asymmetric Information: An Optimal Regulation Approach to Fiscal Federalism Downloads
Marie-Laure Breuillé and Robert Jean Michel Gary-Bobo
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