CRC TR 224 Discussion Paper Series

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Correcting Small Sample Bias in Linear Models With Many Covariates

Miren Azkarate-Askasua and Miguel Zerecero

Diversification or Specialization? The Responses of Multi-Product Exporters to Quota Removal

Ruxue Bai, Lei Li, Ying Li and Libo Yin

The Habit-Forming Effects of Feedback: Evidence From a Large-Scale Field Experiment

David P. Byrne, Lorenz Goette, Leslie A. Martin, Lucy Delahey, Alana Jones, Amy Miles, Samuel Schob, Thorsten Staake and Verena Tiefenbeck

Firm Dynamics With Labor Market Sorting

Andreas Gulyas

The Impact of Higher Education on Employer Perceptions

Renske Stans, Laura Ehrmantraut, Malin Siemers and Pia Pinger

Competition with Exclusive Contracts in Vertically Related Markets: An Equilibrium Non-Existence Result

Nicolas Schutz

Patent Pools, Vertical Integration, and Downstream Competition

Markus Reisinger and Emanuele Tarantino

Student Performance and Loss Aversion

Heiko Karle, Dirk Engelmann and Martin Peitz

Do People Value More Informative News?

Felix Chopra, Ingar Haaland and Christopher Roth

Acquisition, (Mis)use and Dissemination of Information The Blessing of Cursedness and Transparency

Franz Ostrizek and Elia Sartori

Risk Attitudes and Informal Employment in Ukraine

Thomas Dohmen, Melanie Khamis, Hartmut Lehmann and Norberto Pignatti

Timing Decisions Under Model Uncertainty

Sarah Auster and Christian Kellner

Less Bank Regulation, More Non-Bank Lending

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

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

Benedikt Franke, Qi Gao and Andre Stenzel

Efficient Sequential Screening

Boaz Zik

Mechanism Design for Unequal Societies

Marco Reuter and Carl-Christian Groh

Product Recommendations and Price Parity Clauses

Martin Peitz and Anton Sobolev

The Optimal Inflation Target

Klaus Adam and Henning Weber

Information Design in Cheap Talk

Qianjun Lyu and Wing Suen

Army of Mortgagors: Long-Run Evidence on Credit Externalities and the Housing Market

Tobias Herbst, Moritz Kuhn and Farzad Saidi

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

Michelle Sovinsky, Liana Jacobi, Alessandra Allocca and Tao Sun

Spatial Agglomeration and Superstar Firms: Firm-Level Patterns From Europe and U.S

Laura Alfaro, Maggie Chen and Harald Fadinger

The Long-Term Earnings’ Effects of a Credit Market Disruption

Effrosyni Adamopoulou, Marta De Philippis, Enrico Sette and Eliana Viviano

Identifying Tax Compliance from Changes in Enforcement: Theory and Empirics

Andrew Bibler, Laura Grigolon, Keith F. Teltser and Mark Tremblay

Environmental Incentives and Parental Investments

Renske Stans

Forensic Econometrics: Demand Estimation When Data Are Missing

Julian Hidalgo and Michelle Sovinsky

Extreme Points and Majorization: Economic Applications

Andreas Kleiner, Benny Moldovanu and Philipp Strack

May Tax Evasion Help Control Public Debt?

Rosella Levaggi, Francesco Menoncin and Andrea Modena

Learning Spillovers in Conditional Welfare Programs: Evidence From Brazil

Fernanda Brollo, Katja Kaufmann and Eliana La Ferrara

Sweet Lemons: Mitigating Collusion in Organizations

Colin von Negenborn and Martin Pollrich

Leaning Against Housing Prices as Robustly Optimal Monetary Policy

Klaus Adam and Michael Woodford

The Empirical Performance of Financial Frictions since 2008

Gregor Boehl and Felix Strobel

Relevant Decision Problems and Value of Information

Lily Ling Yang

Policy Concerns in an Era of Low Fertility: The Role of Social Comparisons and Intensive Parenting

Lukas Mahler, Michéle Tertilt and Minchul Yum

Prosociality Predicts Individual Behavior and Collective Outcomes in the COVID-19 Pandemic

Ximeng Fang, Timo Freyer, Chui Yee Ho, Zihua Chen and Lorenz Goette

Transparency in Sequential Common-Value Trade

Justus Preusser and Andre Speit

Optimal Non-Linear Pricing Scheme When Consumers Are Habit Forming

Eleftheria Triviza

An Economic Model of the COVID-19 Pandemic With Young and Old Agents: Behavior, Testing and Policies

Luiz Brotherhood, Philipp Kircher, Cezar Santos and Michele Tertilt

Consumer Search, Steering and Choice Overload

Volker Nocke and Patrick Rey

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

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

Optimal Testing and Social Distancing of Individuals With Private Health Signals

Thomas Tröger

State Aid Policies in Response to the COVID-19 Shock: Observations and Guiding Priciples

Massimo Motta and Martin Peitz

The Cost of a Divided America: An Experimental Study Into Destructive Behavior

Wladislaw Mill and John Morgan

Unemployment Insurance Reforms in a Search Model With Endogenous Labor Force Participation

Johannes Goensch, Andreas Gulyas and Ioannis Kospentaris

A Dynamic Model of Predation

Patrick Rey, Yossi Spiegel and Konrad Stahl

LinkedOut? A Field Experiment on Discrimination in Job Network Formation

Yulia Evsyukova, Felix Rusche and Wladislaw Mill

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

Bernhard Ganglmair and Imke Reimers

Delayed Childbearing and Urban Revival: A Structural Approach

Ana Moreno-Maldonado and Clara Santamaria

Optimal Pricing, Private Information and Search For an Outside Offer

Sarah Auster, Nenad Kos and Salvatore Piccolo

Double in Trouble: Boys and Learning in School in Texas, North Carolina, and Italy

Antonio Ciccone, Federico Cingano and Walter Garcia-Fontes