CRC TR 224 Discussion Paper Series

From University of Bonn and University of Mannheim, Germany
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State Aid Policies in Response to the COVID-19 Shock: Observations and Guiding Priciples

Massimo Motta and Martin Peitz

Expectations Data in Asset Pricing

Klaus Adam and Stefan Nagel

Neo-Optimum: A Unifying Solution to the Informed-Principal Problem

Tymofiy Mylovanov and Thomas Tröger

Optimally Biased Expertise

Pavel Ilinov, Andrei Matveenko, Maxim Senkov and Egor Starkov

Proud to Not Own Stocks: How Identity Shapes Financial Decisions

Luca Henkel and Christian Zimpelmann

Shallow Meritocracy

Peter Andre

Pandemic Consumption

Ruediger Bachmann, Christian Bayer and Martin Kornejew

The Long-Run Effects of Immigration: Evidence Across a Barrier to Refugee Settlement

Antonio Ciccone and Jan Nimczik

Short-Time Work Extensions

Christina Brinkmann, Simon Jäger, Moritz Kuhn, Farzad Saidi and Stefanie Wolter

Hidden Testing and Selective Disclosure of Evidence

Claudia Herresthal

Does Pricing Carbon Mitigate Climate Change? Firm-Level Evidence From the European Union Emissions Trading Scheme

Jonathan Colmer, Ralf Martin, Mirabelle Muûls and Ulrich Wagner

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

Ruediger Bachmann, Christian Bayer, Heiko Stueber and Felix Wellschmied

EU Merger Control and Climate Action: The Struggle for the Proper Framework

Jens-Uwe Franck

Fragile Boys (and Girls)? Determinants and Long-Term Consequences of Socioemotional Development

Ghazala Azmat, Katja Kaufmann and Yasemin Özdemir

Mechanism Design for Unequal Societies

Marco Reuter and Carl-Christian Groh

Defensive Innovation: Technological Rivalry and College Major Choice

Xiaohua Bao, Qin Chen, Zibin Huang, Lei Li and Mengyuan Wang

Banks' Trading After the Lehman Crisis - The Role of Unconventional Monetary Policy

Isabel Schnabel and Johannes Tischer

Heterogeneity, Transfer Progressivity and Business Cycles

Youngsoo Jang, Takeki Sunakawa and Minchul Yum

No Place Like Home: Charging Infrastructure and the Environmental Advantage of Plug-in Hybrid Electric Vehicles

Johannes Gessner, Wolfgang Habla, Benjamin Rübenacker and Ulrich Wagner

More than Joints: Multi-Substance Use, Choice Limitations, and Policy Implications

Michelle Sovinsky, Liana Jacobi, Alessandra Allocca and Tao Sun

Sequentially Stable Outcomes

Francesc Dilme

Spatial Effects of Price Regulations and Competition. A Dynamic Approach to the German Retail Pharmacy Market

Robert Aue

Media See-Saws: Winners and Losers in Platform Markets

Simon Anderson and Martin Peitz

Optimal Information Design of Online Marketplaces with Return Rights

Jonas von Wangenheim

Big Data and Inequality

Carl-Christian Groh

Information Transmission in Voluntary Disclosure Games

Avi Lichtig and Ran Weksler

Individual Strategy Choice in the Repeated Prisoner’s Dilemma

Teresa Backhaus and Yves Breitmoser

Can You Trust the Blockchain? The (Limited) Power of Peer-to-Peer Networks for Information Provision

Benedikt Franke, Qi Gao and Andre Stenzel

The Long-Term Effects of Charity Nurseries: Evidence From Early 20th Century New York

Philipp Ager and Viktor Malein

Fake Experts

Patrick Lahr and Justus Winkelmann

Does Electrification Cause Industrial Development? Grid Expansion and Firm Turnover in Indonesia

Dana Kassem

Too-Many-To-Fail and the Design of Bailout Regimes

Wolf Wagner and Jing Zeng

The Impact of Maternal Beliefs on Child Skills Development from Early Ages to Adolescence

Greta Morando and Sonkurt Sen

Paying Off Populism: How Regional Policies Affect Voting Behavior

Robert Gold and Jakob Lehr

Monotone Decision Rules and Supermodularity

Gregorio Curello

LinkedOut? A Field Experiment on Discrimination in Job Network Formation

Yulia Evsyukova, Felix Rusche and Wladislaw Mill

Bank Resolution, Deposit Insurance, and Fragility

Alkis Georgiadis-Harris and Maxi Guennewig

Sparking curiosity or tipping the scales? Targeted advertising with consumer learning

Andrei Matveenko and Egor Starkov

Optimal Allocations with Capacity Constrained Verification

Albin Erlanson and Andreas Kleiner

English Versus Vickrey Auctions With Loss-Averse Bidders

Jonas von Wangenheim

Quantifying Okun’s Leaky Bucket: The Case of Progressive Childcare Subsidies

David Koll, Dominik Sachs, Fabian Stürmer-Heiber and Hélène Turon

Robust Bidding and Revenue in Descending Price Auctions

Sarah Auster and Christian Kellner

The hold-up problem with flexible unobservable investments

Daniel Krähmer

Cognitive Endurance, Talent Selection, and the Labor Market Returns to Human Capital

Germán Reyes

Changes in the Distribution of Black and White Wealth Since the US Civil War

Ellora Derenoncourt, Chi Hyun Kim, Moritz Kuhn and Moritz Schularick

The Emergence of Procyclical Fertility: The Role of Gender Differences in Employment Risk

Sena Coskun and Husnu Dalgic

Serving Abroad: Export, M&A, and Greenfield Investment

Francesco Conteduca and Ekaterina Kazakova

The Effect of Removing Early Retirement on Mortality

Cristina Bellés-Obrero, Sergi Jimenez-Martin and Han Ye

Stigma as a Barrier to Treatment and Adoption of Innovation

Laura Grigolon and Laura Lasio

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

Carl-Christian Groh, and Jonas von Wangenheim