Working Papers

From Bavarian Graduate Program in Economics (BGPE)
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138: Ethnic background and youth unemployment in Germany

Michael Zibrowius

137: Works council introductions: Do they reflect workers‘ voice?

Michael Oberfichtner

136: Apprenticeship Training and Early Labor Market Outcomes in East and West Germany

Regina Riphahn and Michael Zibrowius

135: What triggers school improvement? Evidence from a court induced change in Florida's A+ accountability plan

Benedikt Siegler

134: Alas, My Home is My Castle: The Excessive Screening Cost of Buying a House

Lutz Arnold and Andreas Babl

133: The causal effect of family income on child health: A re-examination using an instrumental variables approach

Daniel Kuehnle

132: Limiting rival's efficiency via conditional discounts

Katja Greer

131: Intermediated vs. Direct Sales and a No-Discrimination Rule

Sebastian Wismer

130: Should tax policy favor high- or low-productivity firms?

Dominika Langenmayr, Andreas Haufler and Christian Bauer

129: Global Sourcing if Contracts are Reference Points

Bohdan Kukharskyy

128: Quality of Institutions, Global Sourcing, and the Make-or-Buy Decision

Bohdan Kukharskyy

127: Trust and Foreign Direct Investment: An Empirical Analysis

Bohdan Kukharskyy

126: Good Intentions Pave the Way to... the Local Moneylender

Lutz Arnold and Benedikt Booker

125: Government bond market integration and the EMU: Correlation based evidence

Fabricio Missio

124: The Effect of University Openings on Local Human Capital Formation: Difference-in-Differences Evidence from Germany

Benedikt Siegler

123: Measuring Option Implied Degree of Distress in the US Financial Sector Using the Entropy Principle

Philipp Matros and Johannes Vilsmeier

122: Entwicklung des integrierten Mikrosimulationsmodells EITDsim

Georg Struch

121: The Effect of Education on Fertility: Evidence from a Compulsory Schooling Reform

Kamila Cygan-Rehm and Miriam Maeder

120: Trade, Superstars, and Welfare

Bohdan Kukharskyy

119: Is Rational Speculation in the Presence of Positive Feedback Traders Destabilizing?

Lutz Arnold and Stephan Brunner

118: Testing for Parameter Stability in DSGE Models. The Cases of France, Germany, Italy, and Spain

Jürgen Jerger and Oke Röhe

117: The role of patents and secrecy for intellectual property protection: theory and evidence

Malte Mosel

116: How Trade Credits Foster International Trade

Katharina Eck, Martina Engemann and Monika Schnitzer

115: Why Do Platforms Charge Proportional Fees? Commitment and Seller Participation

Johannes Muthers and Sebastian Wismer

114: Wage Mobility in East and West Germany

Regina Riphahn and Daniel Schnitzlein

113: Agglomeration economies with consistent productivity estimates

Philipp Ehrl

112: Limiting Profit Shifting in a Model with Heterogeneous Firm Productivity

Dominika Langenmayr

111: The Exporter Wage Premium Reconsidered - Destinations, Distances and Linked Employer-Employee Data

Achim Schmillen

110: Corporate Insurance with Safety Loadings: A Note

Lutz Arnold and Johannes Hartl

109: Between here and there: Immigrant fertility patterns in Germany

Kamila Cygan-Rehm

108: Trade Credits and Bank Credits in International Trade: Substitutes or Complements?

Martina Engemann, Katharina Eck and Monika Schnitzer

107: Updating the Option Implied Probability of Default Methodology

Johannes Vilsmeier

106: Labor supply after normal retirement age in Germany – A fourth pillar of retirement income?

Martina Eschelbach

105: Big patents, small secrets: how firms protect inventions when R&D outcome is heterogeneous

Malte Mosel

104: Sorting into Outsourcing: Are Profits Taxed at a Gorilla's Arm's Lenght?

Christian Bauer and Dominika Langenmayr

103: Interdependence of Liquidity Problems in the Financial Sector The paper analyses problems arising from the interdependence of liquidity provision in the financial system. Findings document, that liquidity shortage of minor financial players can translate into liquidity shortage for systemic relevant players, thereby putting the proper functioning of the overall financial system on the line. As contractual mechanisms to safeguard against this threat are absent in the wake of market frictions, prudent regulation and governmental provision of external liquidity is asked for in order to solve these problems

Fabricio Missio

102: Are Wages Equal Across Sectors of Production? A Panel Data Analysis for Tradable and Non-Tradable Goods

Achim Schmillen

101: Taking Public Opinion Seriously: A General Equilibrium Model of Low-Wage Competition, Offshoring, and Unemployment

Lutz Arnold and Stefanie Trepl

100: Resale Price Maintenance: Hurting Competitors, Consumers and Yourself

Matthias Hunold and Johannes Muthers

99: Are Immigrants and Girls Graded Worse? Results of a Matching Approach

David Kiss

98: Business Conditions and Default Risks Across Countries

Michael Pflüger and Stephan Russek

97: Labor Unions and the Scale and Scope of Multi-Product Firms

Hartmut Egger and Michael Koch

96: Lohnentwicklung im Lebenszyklus - Eine Analyse von Ausmaß, Begründung und Heterogenität von Lohnsteigerungen

Robert Orlowski and Regina Riphahn

95: Relational Contracts and the Economic Well-Being of Nations

Bohdan Kukharskyy and Michael Pflüger

94: Trade and Industrial Policies with Heterogeneous Firms: The Role of Country Asymmetries

Michael Pflüger and Stephan Russek

93: Public and Private Health Insurance in Germany: The Ignored Risk Selection Problem

Martina Grunow and Robert Nuscheler

92: Price and Inventory Dynamics in an Oligopoly Industry: A Framework for Commodity Markets

Alexander Steinmetz

91: Uncertainty About the Persistence of Inflation

Nicolas Pinkwart

90: Determinants of Lifetime Unemployment. A Micro Data Analysis with Censored Quantile Regressions

Achim Schmillen and Joachim Möller

89: Multilateralism versus Regionalism!?

Bernhard Herz and Marco Wagner