CESifo Working Paper Series

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11845: On the Optimal Capital Tax Rate in Overlapping Generations Models with Capital - Skill Complementarity

Burkhard Heer

11844: Fast-Tracked Jobs Help Asylum Seekers Integrate Faster

Giovanni Abbiati, Erich Battistin, Paola Monti and Paolo Pinotti

11843: Generative AI’s Impact on Student Achievement and Implications for Worker Productivity

Naomi Hausman, Oren Rigbi and Sarit Weisburd

11842: Asymmetric Content Moderation in Search Markets: The Case of Adult Websites

Leonardo Madio, Matthew Mitchell, Martin Quinn and Carlo Reggiani

11841: Solidarity and Discrimination Within and Between Generations: Evidence from a Dutch Population Sample

Arno Riedl, Hans Schmeets and Peter Werner

11840: Experimental Methods: Eliciting and Measuring Social Norms

Gary Charness, Eugen Dimant, Uri Gneezy and Erin Krupka

11839: The US-China Trade War Creates Jobs (Elsewhere)

Tiago Cavalcanti, Pedro Molina Ogeda and Emanuel Ornelas

11838: Creating Businesses in the Least Developed Countries: Does the Regulatory Environment Matter?

António Afonso and M. Carmen Blanco-Arana

11837: The Illusion of Moral Superiority: Evidence from the Energy Crisis

Markus Dertwinkel-Kalt, Christoph Feldhaus, Axel Ockenfels and Matthias Sutter

11836: A Product Space Analysis of How Export Diversification Can Shape Up the Country’s Sustainable and Innovative Growth

Luong-Thanh Tran and Andreas Freytag

11835: The Impact of Financial Support to Firms During Crises: The Case of Covid Aid in the EU

Giulia Canzian, Elena Crivellaro, Tomaso Duso, Antonella Rita Ferrara, Alessandro Sasso and Stefano Verzillo

11834: Norway’s Net-Zero Emissions Target for 2030: Too Ambitious to Be True?

Brita Bye, Taran Fæhn, Lars Gulbrandsen, Kevin R. Kaushal, Christian Wilhelm Mohr, Gunnhild Søgaard, Asbjørn Torvanger, Jørgen Wettestad, Knut Øistad and Taran Faehn

11833: Production Network Formation, Trade, and Welfare

Costas Arkolakis, Federico Huneeus and Yuhei Miyauchi

11832: The Effect of Network Degree on Bargaining: Experimental Evidence from the Field

Ben D'Exelle, Christine Gutekunst and Arno Riedl

11831: Geography, Institutions, and Entrepreneurship

Mohammad Reza Farzanegan, Rajeev K. Goel, James W. Saunoris and Mohammad Reza Farzanegan

11830: Interventionist Preferences and the Welfare State: The Case of In-Kind Aid

Sandro Ambuehl, B. Douglas Bernheim, Tony Q. Fan and Zach Freitas-Groff

11829: Protection or Protectionism: The Effect of Technical Regulations on Input Sourcing

Irene Iodice, Camille Reverdy and Irene Iodice

11828: The Supply of Motivated Beliefs

Michael Thaler

11827: Air Pollution in 88 US Metropolitan Areas: Trends and Persistence

Guglielmo Maria Caporale, Nieves Carmona-González, Luis Alberiko Gil-Alana and María Fátima Romero Rojo

11826: Estimating the Effect of China’s 2013 Air Pollution Prevention and Control Action Plan

Lutz Sager

11825: Firm-Level Technology Adoption in Times of Crisis

Melanie Arntz, Michael Böhm, Georg Graetz, Terry Gregory, Florian Lehmer and Cäcilia Lipowski

11824: When the Going Gets Tough: the Impact of Health Shocks on Divorce

Javier Adrián López Artero, Anna Sanz- de-Galdeano and Daniela Vuri

11823: Everything You Always Wanted to Know About EU Membership Trade Effects But Were Afraid to Ask

Harald Oberhofer and Zhenyi Wang

11822: Earthquakes and Stock Market Performance: Evidence from Japan

Guglielmo Maria Caporale, Luis Alberiko Gil-Alana and Leyre Muñoz

11821: Quad O’s Evolution: Subsequent Regulatory Effects from Existing Regulations on Shareholder Wealth

Scott A. Carson

11820: Monopsony Power and Creative Destruction: Static Loss, Faster Growth

Isabella Maassen, Filip Mellgren and Jonas Overhage

11819: The ‘Secret Sauce’?: Understanding the Success of the State Bank of North Dakota

Robert S. Chirinko

11818: Shaken Balances: Climate Risks and the Dynamics of Fiscal and External Sustainability

Antonio Afonso, José Alves, Tovar João Jalles, Sofia Monteiro and João Tovar Jalles

11817: The Political Consequences of Controversial Education Reform: Lessons from Wisconsin’s Act 10

Barbara Biasi and Wayne Sandholtz

11816: Spillovers Between Sovereign Bonds and the Banking Sector: Evidence from Italy

Gianluca Cafiso and Giulia Rivolta

11815: Intermediates Trade and Knowledge Flows

Michael Koch and Antonella Nocco

11814: Integrated Assessment of Biodiversity and Agriculture

Johan Gars, Daniel Spiro, Gustav Engström and Steven J. Lade

11813: Gender-Specific Application Behaviour, Matching, and the Residual Gender Earnings Gap

Benjamin Lochner and Christian Merkl

11812: Youth Crime and Delinquency In and Out of School

Janine Boshoff, Steve Machin and Matteo Sandi

11811: Assessing the Impact of Algorithmic Quantity Regulations on Sharing Platforms: Evidence from Airbnb in Paris

Shagun Tripathi, Georgios Petropoulos and Harris Kyriakou

11810: The Sufficient Statistics Approach Applied to International Tax Policy

Floris Zoutman

11809: Informal Labor Exchange Teams and Participation in the Labor Market: Evidence from Rural Tanzania

Christian Arciniegas, Christelle Dumas and Matthias Fahn

11808: It Runs in the Family: Occupational Choice and the Allocation of Talent

Mattias Almgren, John Kramer and Jósef Sigurdsson

11807: Transitory Earnings Opportunities and Educational Scarring of Men

Jósef Sigurdsson and Jósef Sigurdsson

11806: Political Socialization and Social Networks

Stanley Feldman, Mikael Hjerm, William Nilsson, José Gabriel Romero Ciavatto and Steven Stillman

11805: Rebalancing Power Asymmetries Within Firms: Evidence from Illegal Resignations

Alessandra Casarico, Irene Ferrari and Caterina Pavese

11804: Fair Institutions

Justin Valasek, Weijia Wang and Justin Mattias Valasek

11803: Scaling up Renewable Energy Storage with Sodium Ion Batteries and Green Technology Policy

Lavinia Heisenberg and Richhild Moessner

11802: Trade Interdependence, Arming and the Choice Between War and Peace

Michelle R. Garfinkel and Constantinos Syropoulos

11801: Interstate Conflict and International Trade

Michelle R. Garfinkel and Constantinos Syropoulos

11800: Cyclicality of International Reserves, Exchange Rate Flexibility, and Output Volatility

Eiji Fujii and Xingwang Qian

11799: Sovereign vs. Corporate Debt and Default: More Similar than You Think

Gita Gopinath, Josefin Meyer, Carmen Reinhart and Christoph Trebesch

11798: Extractive Taxation and the French Revolution

Tommaso Giommoni, Gabriel Loumeau, Marco Tabellini and Gabriel Loumeau

11797: Economic Growth and Imperialism

Giacomo Corneo

11796: Economic Inequality and Convergence Through the Lens of Two Sports

Daryna Grechyna and Viktor Grechyn

11795: Leave and Let Leave: Workplace Peer Effects in Fathers’ Take-up of Parental Leave

Alessandra Casarico, Edoardo Di Porto, Joanna Kopinska and Salvatore Lattanzio

11794: Principled Mechanism Design with Evidence

Sebastian Schweighofer-Kodritsch and Roland Strausz

11793: Reporting Big News, Missing the Big Picture? Stock Market Performance in the Media

Antonio Ciccone and Felix Rusche

11792: Subjective Uncertainty and the Marginal Propensity to Consume

Gizem Kosar and Davide Melcangi

11791: Economic Shocks and the Electoral Fortunes of Effective Legislators

Davide Cipullo and Barton E. Lee

11790: Climate Activism Favors Pro-Environmental Consumption

Marco A. Marini and Samuel Nocito

11789: How Tinted Are Your Glasses? Gender Views, Beliefs and Recommendations in Hiring

Anna Hochleitner, Fabio Tufano, Giovanni Facchini, Valeria Rueda and Markus Eberhardt

11788: Leaving Money on the Table

Mackenzie Alston, Tatyana Deryugina and Olga Shurchkov

11787: The Memory Premium

Yuval Salant, Jörg L. Spenkuch and David Almog

11786: Quantifying the Internal Validity of Weighted Estimands

Alexandre Poirier and Tymon Sloczynski

11785: The Cost of Air Pollution for Workers and Firms

Marion Leroutier and Hélène Ollivier

11784: Involuntary Changes in Commuting Distances: Effects on Subjective Well-Being in the Era of Mobile Internet

Katharina Bettig and Valentin Lindlacher

11783: On Pendular Voting

Hans Gersbach

11782: Climate Policy Uncertainty and Firms' and Investors' Behavior

Piero Basaglia, Clara Berestycki, Stefano Carattini, Antoine Dechezleprêtre and Tobias Kruse

11781: Food Waste and Dynamic Inconsistency: A Behavioral Economics Perspective

Alexander M. Danzer and Helen Zeidler

11780: Subjective Expectations and Financial Intermediation

Francesco D'Acunto, Janet Gao, Lu Liu, Kai Lu, Zhengwei Wang and Jun Yang

11779: Scaling Education to Marginalized Populations: Long-Run Impacts of Technology-Aided Schools

Raissa Fabregas and Laia Navarro-Sola

11778: Pay Incentives in Politics: Evaluating a Large-Scale Salary Increase for Local Politicians

Augusto Cerqua, Samuel Nocito and Gabriele Pinto

11777: The Dollar Channel of Monetary Policy Transmission

Ralf R. Meisenzahl, Friederike Niepmann and Tim Schmidt-Eisenlohr

11776: Market Structure, Vertical Integration and Farmers’ Welfare in the Costa Rica Coffee Industry

Fabrizio Leone, Rocco Macchiavello, Josepa Miquel-Florensa and Nicola Pavanini

11775: Bank Lending and Firm Internal Capital Markets Following a Deglobalization Shock

Björn Imbierowicz, Arne Nagengast, Esteban Prieto, Ursula Vogel and Arne J. Nagengast

11774: Privacy Concerns and Willingness to Adopt AI Products: A Cross-Country Randomized Survey Experiment

Laura Brandimarte, Jerg Gutmann, Gerd Muehlheusser and Franziska Weber

11773: Green Bond Returns and the Dynamics of Green and Conventional Financial Markets: An Analysis Using a Thick Pen

Marc Gronwald and Sania Wadud

11772: Unveiling the Unseen Illness: Public Health Warnings and Heat Stroke

Lester Lusher and Tim Ruberg

11771: Elite Reform and Mass Resistance: Female Suffrage and Political Preferences in Germany, 1893-1933

Mathias Bühler and Navid Sabet

11770: The Minimum Wage in a State Union with Unemployment Insurance

Robert Fenge and Max Friese

11769: Privacy Regulations, Consumer Empowerment, and Versioning

Chongwoo Choe, Jiajia Cong, Noriaki Matsushima and Shiva Shekhar

11768: The Limits of Media See-Saws: Ad-Funded Platform Mergers Can Harm Both Sides

Shiva Shekhar and Radostina Shopova

11767: Welfare Implications of Supplier Encroachment with Consumer Shopping Costs

Stéphane Caprice and Shiva Shekhar

11766: The Value of Worker Rights in Collective Bargaining

Benjamin W. Arold, Elliott Ash, W. Bentley Macleod and Suresh Naidu

11765: Fear, Soft Propaganda, and the Demand for Government Intervention: Quasi-Experimental Evidence from Russia

Ekaterina Borisova, Timothy Frye, Koen Schoors, Vladimir Zabolotskiy and Nikita Zakharov

11764: Persistence in Real GDP: Evidence from Europe and the US

Guglielmo Maria Caporale and Luis Gil-Alana

11763: Equal Before Luck? Well-Being Consequences of Personal Deprivation and Transition

Joan Costa-Font, Anna Nicińska, Melcior Rosello-Roig and Joan Costa-i-Font

11762: The Economics of Fleet-Wide Emission Targets and Pooling in the EU Car Market

Markus Dertwinkel-Kalt and Christian Wey

11761: The Menopause “Penalty”

Gabriella Conti, Rita Ginja, Petra Persson and Barton Willage

11760: A New Era of Entrepreneurial Finance? Venture Tokenization and Public Markets for Startups

Johannes Fuchs and Paul P. Momtaz

11759: Public Support for Environmental Regulation: When Ideology Trumps Knowledge

Markus Dertwinkel-Kalt and Max R. P. Grossmann

11758: Skill-Biased Wage Effects of Domestic Outsourcing

Eren Gürer and Erol Taymaz

11757: Weighting Competing Models

Chiara Aina and Florian H. Schneider

11756: Discipline Reform, School Culture, and Student Achievement

Ashley C. Craig, David C. Martin and Ashley Craig

11755: Using Tax Kinks to Estimate the Marginal Propensity to Consume

Christian Gillitzer, Rasmus Landersø, Peer Skov and Jakob Egholt Søgaard

11754: Destabilizing the Corrupt: US Sanctions and Their Conflict-Inducing Consequences

Mohammad Reza Farzanegan and Mohamad Alkurdi Albarawi

11753: Defensive Hiring and Creative Destruction

Jésus Fernández-Villaverde, Yang Yu, Francesco Zanetti and Jesús Fernández-Villaverde

11752: Argentina: Javier Milei’s Reform Agenda from a Theoretical and Empirical Perspective

Marius Kleinheyer and Gunther Schnabl

11751: The Equilibrium Effects of Regulating Junk Fees: Evidence from the Rental Brokerage Market

Jan David Bakker and Nikhil Datta

11750: Heterogeneous Trade Elasticity and Managerial Skills

Maria Bas, Lionel Fontagné, Irene Iodice, Gianluca Orefice and Lionel Gérard Fontagné

11749: Compliance with Fiscal Sustainability and the Euro

Antonio Afonso and Catarina Miranda

11748: Who Prefers Guessing to Admitting They Don’t Know? Measurement Error in Financial Literacy Surveys

Giuseppe Bertola and Anna Lo Prete

11747: Climate Policies, Energy Shocks and Spillovers Between Green and Brown Stock Price Indices

Marina Albanese, Guglielmo Maria Caporale, Ida Colella and Nicola Spagnolo

11746: Feedback, Confidence and Job Search Behavior

Tsegay Tekleselassie, Marc Witte, Jonas Radbruch, Lukas Hensel and Ingo E. Isphording