CESifo Working Paper Series

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5978: International Trade and Job Polarization: Evidence at the Worker Level

Wolfgang Keller and Hale Utar

5977: The Long-run Effects of Teacher Collective Bargaining

Michael Lovenheim and Alexander Willén

5976: Quantitative Easing: The Challenge for Households Long-term Savings and Financial Security

Christian Thimann

5975: Reflections on the International Coordination of Carbon Pricing

Ian Parry

5974: Unemployment in a Just Economy

John Komlos

5973: Regional Health Care Decentralization in Unitary States: Equal Spending, Equal Satisfaction?

Joan Costa-i-Font and Gilberto Turati

5972: Beyond Inequality: A Novel Measure of Skewness and its Properties

Walter Kraemer and Holger Dette

5971: Analysing the Determinants of Credit Risk for General Insurance Firms in the UK

Guglielmo Maria Caporale, Mario Cerrato and Xuan Zhang

5970: Offshoring and Volatility of Demand

Sebastian Benz, Wilhelm Kohler and Erdal Yalcin

5969: From Fossil Fuels to Renewables: The Role of Electricity Storage

Itziar Lazkano, Linda Nøstbakken and Martino Pelli

5968: Drought and Groundwater Management

Eirik S. Amundsen and Frank Jensen

5967: Another Road to Serfdom

John Komlos

5966: Taxing Wealth: Evidence from Switzerland

Marius Brülhart, Jonathan Gruber, Matthias Krapf and Kurt Schmidheiny

5965: Monetary Policy Rules in Emerging Countries: Is there an Augmented Nonlinear Taylor Rule?

Guglielmo Maria Caporale, Nazif Catik, Mohamad Helmi, Faek Nemla Ali and Coskun Akdeniz

5964: 'Cultural Persistence' of Health Capital: Evidence from European Migrants

Joan Costa-i-Font and Azusa Sato

5963: The Renminbi Central Parity: An Empirical Investigation

Yin-Wong Cheung, Cho-Hoi Hui and Andrew Tsang

5962: Competing Liberalizations: Tariffs and Trade in the 21st Century

Jean-Christophe Bureau, Houssein Guimbard and Sebastien Jean

5961: The Gini Coefficient and Personal Inequality Measurement

James Davies

5960: Financial System Architecture and the Patterns of International Trade

Emmanuel Amissah, Spiros Bougheas, Fabrice Defever and Rodney Falvey

5959: Heterogeneous Firms and International Trade: The Role of Productivity and Financial Fragility

Tiziana Assenza, Domenico Delli Gatti, Jakob Grazzini and Giorgio Ricchiuti

5958: Pre-Play Communication with Forgone Costly Messages: Experimental Evidence on Forward Induction

Andreas Blume, Peter H. Kriss and Roberto A. Weber

5957: Dispersed Information and the Origins of Aggregate Fluctuations

Jakob Grazzini and Domenico Massaro

5956: How do Land Markets Anticipate Regulatory Change? Evidence from Canadian Conservation Policy

Branko Boskovic and Linda Nøstbakken

5955: Designing Contests Between Heterogeneous Contestants: An Experimental Study of Tie-Breaks and Bid-Caps in All-Pay Auctions

Aniol Llorente-Saguer, Roman Sheremeta and Nora Szech

5954: Simultaneous Use of Black, Green, and White Certificates Systems: A Rather Messy Business

Eirik S. Amundsen and Torstein Bye

5953: Lab in the Field: Measuring Preferences in the Wild

Uri Gneezy and Alex Imas

5952: Relational Altruism and Giving in Social Groups

Kimberley Scharf and Sarah Smith

5951: The Importance of School Systems: Evidence from International Differences in Student Achievement

Ludger Woessmann

5950: Buffering Volatility: A Study on the Limits of Germany's Energy Revolution

Hans-Werner Sinn

5949: Complementarities, Coordination, and Culture

Christopher J. Ellis, Jon C. Thompson and Jiabin Wu

5948: Self-Enforcing Family Rules, Marriage and the (Non)Neutrality of Public Intervention

Alessandro Cigno, Mizuki Komura and Annalisa Luporini

5947: The Duration of Judicial Deliberation: Evidence from Belgium

Samantha Bielen, Wim Marneffe, Peter Grajzl and Valentina Dimitrova-Grajzl

5946: The European Central Bank's QE: A New Hope

Tomasz Wieladek and Antonio I. Garcia Pascual

5945: Competing with Asking Prices

Benjamin Lester, Ludo Visschers and Ronald Wolthoff

5944: The Silent Success of Customs Unions

Hinnerk Gnutzmann and Arevik Gnutzmann-Mkrtchyan

5943: Trade, Luxury Goods and a Growth Enhancing Tariff

Leonid Azarnert

5942: The March of the Techies: Technology, Trade, and Job Polarization in France, 1994-2007

James Harrigan, Ariell Reshef and Farid Toubal

5941: Optimal Revelation of Life-Changing Information

Nikolaus Schweizer and Nora Szech

5940: Why is China Investing in Africa? Evidence from the Firm Level

Wenjie Chen, David Dollar and Heiwai Tang

5939: Regret in One-Shot and Recurrent Decisions: A Cautionary Tale

Alex Imas, Diego Lamé and Alistair Wilson

5938: Information and Preferences for Public Spending: Evidence from Representative Survey Experiments

Philipp Lergetporer, Guido Schwerdt, Katharina Werner and Ludger Woessmann

5937: Coerced Labor in the Cotton Sector: How Global Commodity Prices (Don't) Transmit to the Poor

Alexander Danzer and Robert Grundke

5936: What Makes a Price Fair? An Experimental Study of Transaction Experience and Endogenous Fairness Views

Holger Herz and Dmitry Taubinsky

5935: Cross-ownership, R&D Spillovers, and Antitrust Policy

Ángel L. López and Xavier Vives

5934: The Cost of Endangered Species Protection: Evidence from Auctions for Natural Resources

Branko Boskovic and Linda Nøstbakken

5933: Vertical Integration and Downstream Collusion

Sara Biancini and David Ettinger

5932: Equity Fund Flows and Stock Market Returns in the US before and after the Global Financial Crisis: A VAR-GARCH-in-mean Analysis

Vassilios Babalos, Guglielmo Maria Caporale and Nicola Spagnolo

5931: Optimal Unemployment Benefit Policy and the Firm Productivity Distribution

Tomer Blumkin, Leif Danziger and Eran Yashiv

5930: Taxing Pensions

Helmuth Cremer and Pierre Pestieau

5929: How Job Changes Affect People's Lives - Evidence from Subjective Well-being Data

Adrian Chadi and Clemens Hetschko

5928: Capital-Labor Substitution, Structural Change and Growth

Francisco Alvarez-Cuadrado, Ngo Long and Markus Poschke

5927: The Political Economy of Services Trade Agreements

Matteo Fiorini and Mathilde Lebrand

5926: Anonymity, Efficiency Wages and Technological Progress

Stephen Broadberry, Sayantan Ghosal and Eugenio Proto

5925: Family Disadvantage and the Gender Gap in Behavioral and Educational Outcomes

David Autor, David N. Figlio, Krzysztof Karbownik, Jeffrey Roth and Melanie Wasserman

5924: Revisiting the Matching Function

Britta Kohlbrecher, Christian Merkl and Daniela Nordmeier

5923: Inter Vivos Transfers of Ownership in Family Firms

James Hines, Niklas Potrafke, Marina Riem and Christoph Schinke

5922: Market Power in Interactive Environmental and Energy Markets: The Case of Green Certificates

Eirik S. Amundsen and Gjermund Nese

5921: The Performance of Banks in the MENA Region During the Global Financial Crisis

Guglielmo Maria Caporale, Suman Lodh and Monomita Nandy

5920: Migration and Redistribution: Why the Federal Governance Structure of the Economic Union Matters

Assaf Razin and Efraim Sadka

5919: Estimating Immigrant Earnings Profiles when Migrations are Temporary

Christian Dustmann and Joseph-Simon Görlach

5918: COP 21 and Economic Theory: Taking Stock

Henry Tulkens

5917: Anti-discrimination Legislation and the Efficiency-Enhancing Role of Mandatory Parental Leave

Spencer Bastani, Tomer Blumkin and Luca Micheletto

5916: Search Frictions, Competing Mechanisms and Optimal Market Segmentation

Xiaoming Cai, Pieter Gautier and Ronald Wolthoff

5915: Distributional Implications of Joint Tax Evasion

Odd Erik Nygård, Joel Slemrod and Thor Thoresen

5914: Protectionism through Exporting: Subsidies with Export Share Requirements in China

Fabrice Defever and Alejandro Riaño

5913: Can Minimum Wages Raise Workers' Incomes in the Long Run?

George Economides and Thomas Moutos

5912: Academic Exclusion: Some Experiences

Arye L. Hillman and Heinrich Ursprung

5911: The Impact of Horizontal Mergers on Market Structure: Evidence from the Semiconductor Industry

Ralph Siebert

5910: Voter Turnout in European Parliament Elections: A Spatial Analysis

Nadia Fiorino, Nicola Pontarollo and Roberto Ricciuti

5909: Merger Policy in a Quantitative Model of International Trade

Holger Breinlich, Volker Nocke and Nicolas Schutz

5908: Regional Heterogeneity, the Rise of Public Debt and Monetary Policy in Post-Bubble Japan: Lessons for the EMU

Raphael Fischer and Gunther Schnabl

5907: Competitive Devaluations in Commodity-Based Economies: Colombia and the Pacific Alliance Group

Guglielmo Maria Caporale, Rodrigo Costamagna and Gustavo Rossini

5906: Historical Analysis of National Subjective Wellbeing Using Millions of Digitized Books

Thomas Hills, Eugenio Proto and Daniel Sgroi

5905: Social Networks and Housing Markets

Michael Bailey, Ruiqing Cao, Theresa Kuchler and Johannes Ströbel

5904: Liberation Technology: Mobile Phones and Political Mobilization in Africa

Marco Manacorda and Andrea Tesei

5903: Optimal Liability when Consumers Mispredict Product Usage

Andrzej Baniak and Peter Grajzl

5902: Exchange Rate Regime, Financial Market Bubbles and Long-Term Growth in China: Lessons from Japan

Gunther Schnabl

5901: Identifying the Effects of Place-Based Policies - Causal Evidence from Germany

Eva Dettmann, Matthias Brachert and Mirko Titze

5900: Banking Crises

Richard Grossman

5899: Making (Small) Firms Happy. The Heterogeneous Effect of Trade Facilitation Measures

Lionel Fontagné, Gianluca Orefice and Roberta Piermartini

5898: Oil Project Selection by Metrics

Magne Emhjellen and Petter Osmundsen

5897: Real-Time State Space Method for Computing Smoothed Estimates of Future Revisions of U.S. Monthly Chained CPI

Peter Zadrozny

5896: Self-Enforcing Intergenerational Social Contract as a Source of Pareto Improvement and Pollution Mitigation

Nguyen Thang Dao, Kerstin Burghaus and Ottmar Edenhofer

5895: Rig Rates and Drilling Speed: Reinforcing Effects

Petter Osmundsen and Kristin Helen Roll

5894: The Cost of Decentralization: Linguistic Polarization and the Provision of Education

Francesco Cinnirella and Ruth Maria Schueler

5893: Balanced Budget Rules and Fiscal Outcomes: Evidence from Historical Constitutions

Zareh Asatryan, César Castellón and Thomas Stratmann

5892: Nursing Home Choice, Family Bargaining and Optimal Policy in a Hotelling Economy

Marie-Louise Leroux and Gregory Ponthiere

5891: The Rise of NGO Activism

Julien Daubanes and Jean Rochet

5890: Corruption and Political Stability: Does the Youth Bulge Matter?

Mohammad Reza Farzanegan and Stefan Witthuhn

5889: The Fickle Fringe and the Stable Core: Exporters' Product Mix Across Markets

Lionel Fontagné, Angelo Secchi and Chiara Tomasi

5888: Hidden Persuaders: Do Small Gifts Lubricate Business Negotiations?

Michel Maréchal and Christian Thöni

5887: The Effect of Policy Uncertainty on Investment Plans: Evidence from the Unexpected Acceptance of a Far-Reaching Referendum in Switzerland

Klaus Abberger, Andreas Dibiasi, Michael Siegenthaler and Jan-Egbert Sturm

5886: Cost Overrun at the Norwegian Continental Shelf: The Element of Surprise

Atle Oglend, Petter Osmundsen and Sindre Lorentzen

5885: Profit Shifting and FDI Restrictions

Mathilde Lebrand

5884: Extended Yule-Walker Identification of Varma Models with Single- or Mixed-Frequency Data

Peter Zadrozny

5883: Gender Equality in Muslim-Majority Countries

Moamen Gouda and Niklas Potrafke

5882: Tax Incidence on Competing Two-Sided Platforms: Lucky Break or Double Jeopardy

Paul Belleflamme and Eric Toulemonde

5881: Redistributive Politics and the Tyranny of the Middle Class

Floris Zoutman, Bas Jacobs and Egbert Jongen

5880: Growth of Income and Welfare in the U.S. 1979-2011

John Komlos

5879: Estimating Border Effects: The Impact of Spatial Aggregation

Cletus Coughlin and Dennis Novy