CRC TR 224 Discussion Paper Series

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A HANK² Model of Monetary Unions

Christian Bayer, Alexander Kriwoluzky, Gernot Müller and Fabian Seyrich

Visibility of Technology and Cumulative Innovation: Evidence from Trade Secrets Laws

Bernhard Ganglmair and Imke Reimers

Data Linkage Between Markets: Does Emergence of an Informed Insurer Cause Consumer Harm?

Claudia Herresthal, Tatiana Mayskaya and Arina Nikandrova

Voting With Interdependent Values: The Condorcet Winner

Alex Gershkov, Andreas Kleiner, Benny Moldovanu and Xianwen Shi

The Multiple-Volunteers Principle for Assigning Unpleasant and Pleasant Tasks

Susanne Goldluecke and Thomas Troeger

Protection for Whom? The Political Economy of Protective Labor Laws for Women

Matthias Doepke, Hanno Foerster, Anne Hannusch and Michèle Tertilt

The Digital Markets Act and the Whack-A-Mole Challenge

Jens-Uwe Franck and Martin Peitz

Children, Household Specialization and Relationship Quality

Belén Rodríguez Moro and Olatz Román

Monopsony Makes Firms Not Only Small but Also Unproductive: Why East Germany Has Not Converged

Ruediger Bachmann, Christian Bayer, Heiko Stueber and Felix Wellschmied

Pigou Meets Wolinsky: Search, Price Discrimination, and Consumer Sophistication

Carl-Christian Groh, and Jonas von Wangenheim

Expectations Data in Asset Pricing

Klaus Adam and Stefan Nagel

Pandemic Consumption

Ruediger Bachmann, Christian Bayer and Martin Kornejew

Minimum Wages and Insurance Within the Firm

Effrosyni Adamopoulou, Francesco Manaresi, Omar Rachedi and Emircan Yurdagul

Incentives for Collective Innovation

Gregorio Curello

The Expected (Signaling) Value of Higher Education

Laura Ehrmantraut, Pia Pinger and Renske Stans

The Effect of Pension Subsidies on the Retirement Timing of Older Women

Han Ye

US Business Cycle Dynamics at the Zero Lower Bound

Gregor Boehl and Felix Strobel

The Economic Motives for Foot-Binding

Xinyu Fan and Lingwei Wu

Stigma as a Barrier to Treatment and Adoption of Innovation

Laura Grigolon and Laura Lasio

May Tax Evasion Help Control Public Debt?

Rosella Levaggi, Francesco Menoncin and Andrea Modena

Less Bank Regulation, More Non-Bank Lending

Mary Chen, Seung Jung Lee, Daniel Neuhann and Farzad Saidi

Evaluating the Financial Instability Hypothesis: A Positive and Normative Analysis of Leveraged Risk-Taking and Extrapolative Expectations

Antoine Camous and Alejandro Van der Ghote

Coping with Undesirable Effects of DMA Implementation: Google Search and the Ban on Self-Preferencing

Jens-Uwe Franck and Mauro Hartl

Big Tech Mergers

Massimo Motta and Martin Peitz

Student Performance and Loss Aversion

Heiko Karle, Dirk Engelmann and Martin Peitz

Worker Heterogeneity and Optimal Unemployment Insurance: The Surprising Power of the Floor

Simon J. Heiler

Inflated Recommendations

Martin Peitz and Anton Sobolev

Prolonged Learning and Hasty Stopping: The Wald Problem With Ambiguity

Sarah Auster, Yeon-Koo Che and Konrad Mierendorff

The Consequences of the COVID-19 Job Losses: Who Will Suffer Most and by How Much?

Yasemin Özdemir

Disaggregate Consumption Feedback

Andreas Gerster, Mark Andor and Lorenz Götte

Untying the Knot: How Child Support and Alimony Affect Couples’ Decisions and Welfare

Hanno Foerster

Consumer Credit With Over-Optimistic Borrowers

Florian Exler, Igor Livshits, James (Jim) MacGee and Michele Tertilt

Financial Dollarization in Emerging Markets: Efficient Risk Sharing or Prescription for Disaster?

Lawrence Christiano, Husnu Dalgic and Armen Nurbekyan

Dutch vs. First-Price Auctions With Expectations-Based Loss-Averse Bidders

Benjamin Balzer, Antonio Rosato and Jonas von Wangenheim

Price Competition and Endogenous Product Choice in Networks: Evidence From the US Airline Industry

Christian Bontemps, Cristina Gualdani and Kevin Remmy

The Dynamics of Motivated Beliefs

Florian Zimmermann

Blurred Boundaries: A Flexible Approach for Segmentation Applied to the Car Market

Laura Grigolon

Labour Supply During Lockdown and a “New Normal”: The Case of the Netherlands

Hans-Martin von Gaudecker, Radost Holler, Lena Janys, Bettina Siflinger and Christian Zimpelmann

Does Pay Transparency Affect the Gender Wage Gap? Evidence From Austria

Andreas Gulyas, Sebastian Seitz and Sourav Sinha

Overconfidence in Private Information Explains Biases in Professional Forecasts

Klaus Adam, Pei Kuang and Shihan Xie

Chips in on a Merger: The Arm-Nvidia Case

Helena Perrone

Job Displacement and Migrant Labor Market Assimilation

Mária Balgová and Hannah Illing

Subsidies, Speed and Switching?

Julian Hildalgo and Michelle Sovinsky

The Power of Faith: Effects of an Imam-led Information Campaign on Labor Supply and Social Interactions

Salvatore Federico, Andrea Modena and Luca Regis

Data Linkage Between Markets: Does Emergence of an Informed Insurer Cause Consumer Harm?

Francesc Dilmé

Parental Time Investment and Intergenerational Mobility

Minchul Yum

Can an Increase in the Minimum Age of Marriage Reduce Child Marriage Rates? Evidence from Mexico

Cristina Bellés-Obrero and Maria Lombardi

Optimal Trend Inflation

Klaus Adam and Henning Weber

An Equilibrium Model of the African HIV/AIDS Epidemic

Jeremy Greenwood, Philipp Kircher, Cezar Santos and Michele Tertilt

The Effect of Increasing Retirement Age on Households’ Savings and Consumption Expenditures

Stefan Etgeton, Björn Fischer and Han Ye