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CESifo Working Paper Series

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3179: The Ifo Business Cycle Clock: Circular Correlation with the Real GDP Downloads
Klaus Abberger and Wolfgang Nierhaus
3178: The Bail-Out! Positive Political Economics of Greek-type Crises in the EMU Downloads
Christian Fahrholz and Cezary Wójcik
3177: Did we Overestimate the Role of Social Preferences? The Case of Self-Selected Student Samples Downloads
Armin Falk, Stephan Meier and Christian Zehnder
3176: Longitudinal Analysis of Generic Substitution Downloads
Dag Morten Dalen, Marilena Locatelli and Steinar Strøm
3175: Which Sectors of a Modern Economy are most Central? Downloads
Florian Blöchl, Fabian J. Theis, Fernando Vega-Redondo and Eric Fisher
3174: The Twin Effects of Globalization - Evidence from a Sample of Indian Manufacturing Firms Downloads
Francesco Daveri, Paolo Manasse and Danila Serra
3173: Union Membership and Employment Dynamics: A Note Downloads
Marcus Dittrich and Beate Schirwitz
3172: Monitoring your Friends, not your Foes: Strategic Ignorance and the Delegation of Real Authority Downloads
Silvia Dominguez-Martinez, Randolph Sloof and Ferdinand von Siemens
3171: Diversity, Social Goods Provision, and Performance in the Firm Downloads
Sara Ellison, Jeffrey Greenbaum and Wallace P. Mullin
3170: Political Culture and Discrimination in Contests Downloads
Gil Epstein, Yosef Mealem and Shmuel Nitzan
3169: Nineteenth Century US African-American and White Female Statures: Insight from US Prison Records Downloads
Scott A. Carson
3168: Is there a Green Paradox? Downloads
Michael Hoel
3167: Voting when the Stakes are High Downloads
Jørgen Andersen, Jon Fiva and Gisle Natvik
3166: Capacity Investment under Demand Uncertainty. An Empirical Study of the US Cement Industry, 1994-2006 Downloads
Jean-Pierre Ponssard and Catherine Thomas
3165: Conflicts with Multiple Battlefields Downloads
Dan Kovenock and Brian Roberson
3164: Europe's Great Depression - Coordination Failure after the First World War Downloads
Nikolaus Wolf
3163: On the Optimality of Optimal Income Taxation Downloads
Felix Bierbrauer
3162: On the Effects of Monetary Policy Shocks on Exchange Rates Downloads
Michael Binder, Qianying Chen and Xuan Zhang
3161: On the Conditional Effects of IMF Program Participation on Output Growth Downloads
Michael Binder and Marcel Bluhm
3160: Appropriate Fiscal Policy over the Business Cycle: Proper Stimulus Policies Can Work Downloads
Philip Graves
3159: A Micro Data Approach to the Identification of Credit Crunches Downloads
Horst Rottmann and Timo Wollmershäuser
3158: Predictive Ability of Business Cycle Indicators under Test: A Case Study for the Euro Area Industrial Production Downloads
Kai Carstensen, Klaus Wohlrabe and Christina Ziegler
3157: Inefficient Group Organization as Optimal Adaption to Dominant Environments Downloads
Martin Kolmar and Andreas Wagener
3156: Preferences for Redistribution and Pensions. What can we Learn from Experiments? Downloads
Franziska Tausch, Jan Potters and Arno Riedl
3155: Long-run Determinants of Sovereign Yields Downloads
Antonio Afonso and Christophe Rault
3154: A Note on Brain Gain and Brain Drain: Permanent Migration and Education Policy Downloads
Alexander Haupt, Tim Krieger and Thomas Lange
3153: Dynamically Optimal R&D Subsidization Downloads
Volker Grossmann, Thomas Steger and Timo Trimborn
3152: World Equity Premium Based Risk Aversion Estimates Downloads
Lorenzo C. G. Pozzi, Casper de Vries and Jorn Zenhorst
3151: Cross-Country Evidence on Teacher Performance Pay Downloads
Ludger Woessmann
3150: Fixed-Term and Permanent Employment Contracts: Theory and Evidence Downloads
Shutao Cao, Enchuan Shao and Pedro Silos
3149: Wage and Employment Effects of Non-Binding Minimum Wages Downloads
Marcus Dittrich and Andreas Knabe
3148: Is the Welfare State Sustainable? Experimental Evidence on Citizens' Preferences for Redistribution Downloads
Ilja Neustadt and Peter Zweifel
3147: Time-Varying Exchange Rate Basket in China from 2005 to 2009 Downloads
Jarko Fidrmuc
3146: Will Women Save more than Men? A Theoretical Model of Savings and Marriage Downloads
Shoshana Grossbard and Alfredo Pereira
3145: Entrepreneurship and Market Size. The Case of Young College Graduates in Italy Downloads
Sabrina Di Addario and Daniela Vuri
3144: Benefit-Cost Analysis of Environmental Projects: A Plethora of Systematic Biases Downloads
Philip Graves
3143: Total Costs and Budgetary Effects of Adaptation to Climate Change: An Assessment for the European Union Downloads
Daniel Osberghaus and Christiane Reif
3142: Outsourcing Cost and Tax Progression under Nash Wage Bargaining with Flexible Outsourcing Downloads
Erkki Koskela
3141: The Tragedy of Annuitization Downloads
Ben Heijdra, Jochen Mierau and Laurie Reijnders
3140: Labor Market Policy: A Comparative View on the Costs and Benefits of Labor Market Flexibility Downloads
Lawrence Kahn
3139: Global Warming and Extreme Events: Rethinking the Timing and Intensity of Environmental Policy Downloads
Yu-Fu Chen and Michael Funke
3138: Inflation Targeting by Debtor Central Banks in Emerging Market Economies Downloads
Axel Löffler, Gunther Schnabl and Franziska Schobert
3137: Public and Private Learning from Prices, Strategic Substitutability and Complementarity, and Equilibrium Multiplicity Downloads
Carolina Manzano and Xavier Vives
3136: Group Contests with Complementarities in Efforts Downloads
Martin Kolmar and Hendrik Rommeswinkel
3135: The Herodotus Paradox Downloads
Michael Baye, Dan Kovenock and Casper de Vries
3134: Banking Crises and Crisis Dating: Theory and Evidence Downloads
John Boyd, Gianni De Nicolò and Elena Loukoianova
3133: Information, Uncertainty, and Subjective Entitlements in Bargaining Downloads
Emin Karagözoğlu and Arno Riedl
3132: The Trend of BMI Values by Centiles of US Adults, Birth Cohorts 1882-1986 Downloads
John Komlos and Marek Brabec
3131: Risk Premia in General Equilibrium Downloads
Olaf Posch
3130: The Impact of Paternity Leave on Long-term Father Involvement Downloads
Mari Rege and Ingeborg F. Solli
3129: Separating the Hawks from the Doves: Evidence from Continuous Time Laboratory Games Downloads
Ryan Oprea, Keith Henwood and Daniel Friedman
3128: On the Optimality of Joint Taxation for Non-Cooperative Couples Downloads
Volker Meier and Helmut Rainer
3127: Partial Tax Coordination in a Repeated Game Setting Downloads
Jun-ichi Itaya, Makoto Okamura and Chikara Yamaguchi
3126: Pay for Politicians and Candidate Selection: An Empirical Analysis Downloads
Kaisa Kotakorpi and Panu Poutvaara
3125: Natural Resources: Curse or Blessing? Downloads
Frederick (Rick) van der Ploeg
3124: A Fair Price for Energy? Ownership versus Market Opening in the EU15 Downloads
Carlo Fiorio and Massimo Florio
3123: Experience, Innovation and Productivity - Empirical Evidence from Italy's Slowdown Downloads
Francesco Daveri and Maria Laura Parisi
3122: Global Climate Change and the Resurgence of Tropical Disease: An Economic Approach Downloads
Douglas Gollin and Christian Zimmermann
3121: Can Lower Tax Rates be Bought? Business Rent-Seeking and Tax Competition among U.S. States Downloads
Bob Chirinko and Daniel Wilson
3120: 'Take it or Go to Court' - The Impact of Sec. 1a of the German Protection against Dismissal Act on Severance Payments - Downloads
Laszlo Goerke and Markus Pannenberg
3119: Generalized Taylor and Generalized Calvo Price and Wage-Setting: Micro Evidence with Macro Implications Downloads
Huw Dixon and Hervé Le Bihan
3118: Heckscher-Ohlin Theory when Countries have Different Technologies Downloads
Eric Fisher
3117: Remittances, Banking Status and the Usage of Insurance Schemes Downloads
Dorothee Crayen, Christa Hainz and Christiane Ströh de Martinez
3116: Predictability of Asset Returns and the Efficient Market Hypothesis Downloads
M Pesaran
3115: Liquidity Risk, Credit Risk and the Overnight Interest Rate Spread: A Stochastic Volatility Modelling Approach Downloads
John Beirne, Guglielmo Maria Caporale and Nicola Spagnolo
3114: School Shootings and Student Performance Downloads
Panu Poutvaara and Olli Ropponen
3113: Equity as a Prerequisite for Stable Cooperation in a Public-Good Economy - The Core Revisited Downloads
Wolfgang Buchholz and Wolfgang Peters
3112: Uniform and Nonuniform Staggering of Wage Contracts Downloads
Leif Danziger
3111: The Impact of Teacher Subject Knowledge on Student Achievement: Evidence from Within-Teacher Within-Student Variation Downloads
Johannes Metzler and Ludger Woessmann
3110: Catching-up and Inflation in Europe: Balassa-Samuelson, Engel's Law and other Culprits Downloads
Balázs Égert
3109: Competition, Imitation, and R&D Productivity in a Growth Model with Sector-Specific Patent Protection Downloads
Malte Mosel
3108: Optimal Income Taxation with Tax Competition Downloads
Vilen Lipatov and Alfons Weichenrieder
3107: Coordinated Tax-Tariff Reforms, Informality, and Welfare Distribution Downloads
Jenny Ligthart and Gerard van der Meijden
3106: Long-Lasting Bank Relationships and Growth of Firms Downloads
Alessandro Gambini and Alberto Zazzaro
3105: The Effect of Compulsory Schooling on Health - Evidence from Biomarkers Downloads
Hendrik Jürges, Eberhard Kruk and Steffen Reinhold
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
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