CESifo Working Paper Series

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1917: The Money-Age Distribution: Empirical Facts and Limited Monetary Models

Burkhard Heer, Alfred Maussner and Paul McNelis

1916: Aggregate Wage Flexibility in Selected New EU Member States

Ian Babetskii

1915: The Ifo Industry Growth Accounting Database

Oliver Roehn, Theo Eicher and Thomas Strobel

1914: Human Capital and the Feldstein-Horioka Puzzle

Margarita Katsimi and Thomas Moutos

1913: Growth, Development, and Technological Change

Volker Grossmann and Thomas Steger

1912: Perspectives from the Happiness Literature and the Role of New Instruments for Policy Analysis

Bernard van Praag

1911: The Role of School Improvement in Economic Development

Eric Hanushek and Ludger Woessmann

1910: Irreversible Investments, Dynamic Inconsistency and Policy Convergence

Rune Hagen and Gaute Torsvik

1909: Self-Selection and Advice in Venture Capital Finance

Christian Keuschnigg and Søren Nielsen

1908: Efficiency in Family Bargaining: Living Arrangements and Caregiving Decisions of Adult Children and Disabled Elderly Parents

Liliana E. Pezzin, Robert Pollak and Barbara Schone

1907: Unraveling the Fortunates of the Fortunate: An Iterative Bayesian Model Averaging (IBMA) Approach

Theo Eicher, Chris Papageorgiou and Oliver Roehn

1906: Endogenous Product versus Process Innovation and a Firm’s Propensity to Export

Sascha Becker, Peter Egger and Sascha O. Becker

1905: Political Regime Change, Economic Reform and Growth Accelerations

Richard Jong-A-Pin, Jakob de Haan and Jakob de Haan

1904: Long Run Macroeconomic Relations in the Global Economy

Stephane Dees, Sean Holly, Mohammad Pesaran and L. Vanessa Smith

1903: The Scandinavian Model – Prospects and Challenges

Torben Andersen

1902: Hitting and Hoping? Meeting the Exchange Rate and Inflation Criteria during a Period of Nominal Convergence

John Lewis

1901: Higher Education Reform and the Renewed Lisbon Strategy: Role of Member States and the European Commission

Frederick (Rick) van der Ploeg and Reinhilde Veugelers

1900: On the Desirability of Taxing Charitable Contributions

Tomer Blumkin and Efraim Sadka

1899: The Impact of Tax Morale and Institutional Quality on the Shadow Economy

Benno Torgler and Friedrich Schneider

1898: Does WTO Membership Make a Difference at the Extensive Margin of World Trade?

Gabriel Felbermayr, Wilhelm Kohler and Gabriel J. Felbermayr

1897: Central Bank Boards around the World: Why does Membership Size Differ?

Helge Berger, Volker Nitsch and Tonny Lybek

1896: Sources of the German Productivity Demise – Tracing the Effects of Industry-Level ICT Investment

Theo Eicher and Oliver Roehn

1895: State Investment Tax Incentives: A Zero-Sum Game?

Bob Chirinko and Daniel Wilson

1894: Intervention Policy of the BoJ: A Unified Approach

Michel Beine, Oscar Bernal, Jean-Yves Gnabo and Christelle Lecourt

1893: The Development of Cities in Italy 1300 – 1861

Maarten Bosker, Steven Brakman, Harry Garretsen, Herman de Jong and Marc Schramm

1892: Equilibrium Unemployment with Outsourcing under Labour Market Imperfections

Erkki Koskela and Rune Stenbacka

1891: Newspapers and Advertising: The Effects of Ad-Valorem Taxation under Duopoly

Hans Jarle Kind, Guttorm Schjelderup and Frank Stähler

1890: Analyzing a Flat Income Tax in the Netherlands

Ruud de Mooij, Bas Jacobs and Kees Folmer

1889: The Compensating Income Variation of Social Capital

Wim Groot, Henriette Maassen van den Brink and Bernard van Praag

1888: On the Optimal Design of Disaster Insurance in a Federation

Timothy Goodspeed and Andrew Haughwout

1887: Saving Taxes Through Foreign Plant Ownership

Peter Egger, Wolfgang Eggert and Hannes Winner

1886: Beyond the Salassa-Samuelson Effect in some New Member States of the European Union

José García-Solanes, Francisco I. Sancho-Portero and Fernando Torrejón-Flores

1885: The Effect of Benefits Level on Take-up Rates: Evidence from a Natural Experiment

Momi Dahan and Udi Nisan

1884: Corporate Tax Policy and International Mergers and Acquisitions – Is the Tax Exemption System Superior?

Johannes Becker and Clemens Fuest

1883: Corporate Tax Policy, Entrepreneurship and Incorporation in the EU

Ruud de Mooij, Gaëtan J.A. Nicodème and Gaëtan J.A. Nicodeme

1882: Hooliganism in the Shadow of the 9/11 Terrorist Attack and the Tsunami: Do Police Reduce Group Violence?

Panu Poutvaara and Mikael Priks

1881: Euro Effects on the Intensive and Extensive Margins of Trade

Harry Flam and Hakan Nordström

1880: Are there Border Effects in the EU Wage Function?

Peter Huber, Michael Pfaffermayr and Yvonne Wolfmayr

1879: Modern Health Standards for Peoples of the Past: Biological Conditions by Race in the American South, 1873 – 1919

Scott A. Carson

1878: How to be Well Shod to Absorb Shocks? Shock Synchronization and Joining the Euro Zone

Nathalie Gilson

1877: Why do Differences in the Degree of Fiscal Decentralization Endure?

Xavier Calsamiglia, Teresa Garcia-Mila and Therese J. McGuire

1876: Sources of Real Exchange Rate Fluctuations in Central and Eastern Europe – Temporary or Permanent?

Agnieszka Stazka

1875: How Successful is the Dual Income Tax? Evidence from the Finnish Tax Reform of 1993

Jukka Pirttilä and Håkan Selin

1874: Firm-Specific Characteristics and the Timing of Foreign Direct Investment Projects

Horst Raff and Michael Ryan

1873: The Evolution of the East Asian Currency Baskets – Still Undisclosed and Changing

Gunther Schnabl

1872: Cake Division by Majority Decision

Hans Gersbach and Bernhard Pachl

1871: Taxation in Two-Sided Markets

Hans Jarle Kind, Marko Köthenbürger and Guttorm Schjelderup

1870: Econometrics: A Bird’s Eye View

John Geweke, Joel Horowitz and Mohammad Pesaran

1869: Central Bank Interventions, Communication and Interest Rate Policy in Emerging European Economies

Balázs Égert

1868: Corporate Income Taxation of Multinationals and Unemployment

Thomas Eichner and Marco Runkel

1867: Voluntary Matching Grants Can Forestall Social Dumping

Jacques Dreze, Charles Figuieres and Jean Hindriks

1866: Testing Theories of Job Creation: Does Supply Create Its Own Demand?

Mikael Carlsson, Stefan Eriksson and Nils Gottfries

1865: Fiscal Equalization and Yardstick Competition

Christos Kotsogiannis and Robert Schwager

1864: The Effect of FDI on Job Separation

Sascha Becker, Marc-Andreas Muendler and Sascha O. Becker

1863: Income Support Policies for Part-Time Workers: A Stepping-Stone to Regular Jobs? An Application to Young Long-Term Unemployed Women in Belgium

Bart Cockx, Stéphane Robin and Christian Goebel

1862: Competition for Viewers and Advertisers in a TV Oligopoly

Hans Jarle Kind, Tore Nilssen and Lars Sørgard

1861: When Taxation Changes the Course of the Year – Fiscal Year Adjustments and the German Tax Reform 2000/2001

Frank Blasch, Alfons J. Weichenrieder and Alfons Weichenrieder

1860: Reforming the Taxation of Multijurisdictional Enterprises in Europe, “Coopetition” in a Bottom-up Federation

Marcel Gerard

1859: The Dilemmas of Tax Coordination in the Enlarged European Union

Jens Brøchner, Jesper Jensen, Patrik Svensson and Peter Birch Sørensen

1858: Size and Soft Budget Constraints

Ernesto Crivelli and Klaas Staal

1857: Using a Discontinuous Grant to Identify the Effect of Grants on Local Taxes and Spending

Matz Dahlberg, Eva Mörk, Jorn Rattso and Hanna Ågren

1856: Understanding the Latest Wave and Future Shape of Regional Trade and Cooperation Agreements in Asia

Biswanath Bhattacharyay

1855: The Effects of Partisan Alignment on the Allocation of Intergovernmental Transfers. Differences-in-Differences Estimates for Spain

Albert Solé-Ollé and Pilar Sorribas-Navarro

1854: The (After) Life-Cycle Theory of Religious Contributions

Stephen Blomberg, Thomas DeLeire and Gregory Hess

1853: Economic Integration and Redistributive Taxation: A Simple Model with Ambiguous Results

Andreas Haufler, Alexander Klemm and Guttorm Schjelderup

1852: Active Courts and Menu Contracts

Luca Anderlini, Leonardo Felli and Andrew Postlewaite

1851: Black Market and Official Exchange Rates: Long-Run Equilibrium and Short-Run Dynamics

Guglielmo Maria Caporale and Mario Cerrato

1850: ACE vs. CBIT: Which is Better for Investment and Welfare?

Doina Radulescu, Michael Stimmelmayr and Doina Maria Radulescu

1849: A Behavioral Finance Model of the Exchange Rate with Many Forecasting Rules

Paul De Grauwe and Pablo Rovira Kaltwasser

1848: Searching the eBay Marketplace

Katharina Sailer

1847: Should Courts always Enforce what Contracting Parties Write?

Luca Anderlini, Leonardo Felli and Andrew Postlewaite

1846: Preferential Tax Regimes with Asymmetric Countries

Sam Bucovetsky and Andreas Haufler

1845: Are Cardiovascular Diseases Bad for Economic Growth?

Marc Suhrcke and Dieter Urban

1844: Differentiated Annuities in a Pooling Equilibrium

Eytan Sheshinski

1843: Social Interaction and Urban Sprawl

Jan Brueckner and Ann G. Largey

1842: The Euro and Inflation Uncertainty in the European Monetary Union

Guglielmo Maria Caporale and Alexandros Kontonikas

1841: Taxation and Capital Structure Choice – Evidence from a Panel of German Multinationals

Thiess Büttner, Michael Overesch, Ulrich Schreiber and Georg Wamser

1840: Stability and Dynamics in an Overlapping Generations Economy under Flexible Wage Negotiation and Capital Accumulation

Erkki Koskela and Mikko Puhakka

1839: Trade, Conflicts, and Political Integration: the Regional Interplays

Vincent Vicard

1838: Voluntary Emission Reductions, Social Rewards, and Environmental Policy

Michael Rauscher

1837: The Effect of Direct Democracy on Income Redistribution: Evidence for Switzerland

Lars Feld, Justina A. V. Fischer and Gebhard Kirchgässner

1836: Catching-up and Credit Booms in Central and Eastern European EU Member States and Acceding Countries: An Interpretation within the New Neoclassical Synthesis Framework

Peter Backé and Cezary Wójcik

1835: Labor Contracts, Equal Treatment and Wage-Unemployment Dynamics

Andy Snell and Jonathan Thomas

1834: Optimal Income Taxation with a Risky Asset – The Triple Income Tax

Dirk Schindler

1833: Who’s Afraid of Foreign Aid? The Donors’ Perspective

Alberto Chong and Mark Gradstein

1832: Taxing Human Capital Efficiently: The Double Dividend of Taxing Non-qualified Labour more Heavily than Qualified Labour

Wolfram Richter

1831: Opt In Versus Opt Out: A Free-Entry Analysis of Privacy Policies

Jan Bouckaert and Hans Degryse

1830: Multilateral Investment Agreement in a Political Equilibrium

Dieter Urban

1829: Low Take-up Rates: The Role of Information

Momi Dahan and Udi Nisan

1828: Longevity and Aggregate Savings

Eytan Sheshinski

1827: Inequality and the US Import Demand Function

Margarita Katsimi and Thomas Moutos

1826: A Spatio-Temporal Model of House Prices in the US

Sean Holly, Mohammad Pesaran and Takashi Yamagata

1825: Reference Pricing of Pharmaceuticals

Kurt Brekke, Ingrid Königbauer and Odd Rune Straume

1824: A Psychological Game with Interdependent Preference Types

J. Atsu Amegashie

1823: Cross-Border Mergers & Acquisitions: The Facts as a Guide for International Economics

Steven Brakman, Harry Garretsen, Charles van Marrewijk and Charles van Marrewijk

1822: Sustainable Social Spending in a Greying Economy with Stagnant Public Services: Baumol’s Cost Disease Revisited

Frederick (Rick) van der Ploeg

1821: Alcohol Taxation and Regulation in the European Union

Sijbren Cnossen

1820: Airport Noise Regulation, Airline Service Quality, and Social Welfare

Jan Brueckner and Raquel Girvin

1819: Labor Supply and the Demand for Child Care: An Intertemporal Approach

Junichi Minagawa and Thorsten Upmann

1818: Relativity in Trade Theory: Towards a Solution to the Mystery of Missing Trade

Eric Fisher and Sharon L. May