CESifo Working Paper Series

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1991: Pricing the Ecosystem and Taxing Ecosystem Services: A General Equilibrium Approach

Thomas Eichner and Rüdiger Pethig

1990: Globalization and the Price Decline of Illicit Drugs

Cláudia Costa Storti and Paul De Grauwe

1989: Deterministic versus Stochastic Seasonal Fractional Integration and Structural Breaks

Guglielmo Maria Caporale, Juncal Cuñado and Luis Gil-Alana

1988: Equilibrium Unemployment with Outsourcing and Wage Solidarity under Labour Market Imperfections

Erkki Koskela and Rune Stenbacka

1987: Was Weber Wrong? A Human Capital Theory of Protestant Economic History

Sascha Becker, Ludger Woessmann and Sascha O. Becker

1986: The EU Budget Dispute – A Blessing in Disguise?

Ondrej Schneider

1985: Hierarchical Structure in Brazilian Industrial Firms: An Econometric Study

Luis Otávio Facanha and Marcelo Resende

1984: Diagnostic Tests of Cross Section Independence for Nonlinear Panel Data Models

Cheng Hsiao, Mohammad Pesaran and Andreas Pick

1983: Are Real Wages Rigid Downwards?

Steinar Holden and Fredrik Wulfsberg

1982: Real Options and Human Capital Investment

Bas Jacobs

1981: Fundamental Determinants of School Efficiency and Equity: German States as a Microcosm for OECD Countries

Ludger Woessmann

1980: Optimal Regulation of Auditing

Marco Pagano and Giovanni Immordino

1979: The Role of Immigration in Sustaining the Social Security System: A Political Economy Approach

Edith Sand and Assaf Razin

1978: Jointness of Growth Determinants

Gernot Doppelhofer and Melvyn Weeks

1977: Exports, Unemployment and the Welfare State

Eckhard Janeba

1976: Competition for Firms in an Oligopolistic Industry: Do Firms or Countries Have to Pay?

Andreas Haufler and Ian Wooton

1975: Health during Industrialization: Evidence from the 19th Century Pennsylvania State Prison System

Scott A. Carson

1974: Retirement, Pensions, and Ageing

Ben Heijdra and Ward Romp

1973: Prudent Budgetary Policy: Political Economy of Precautionary Taxation

Frederick (Rick) van der Ploeg

1972: Commuting Subsidies with two Transport Modes

Rainald Borck and Matthias Wrede

1971: Financial Stability and Monetary Policy – A Framework

Gerhard Illing

1970: Gains and Losses of India-China Trade Cooperation – a Gravity Model Impact Analysis

Swapan K. Bhattacharya and Biswanath Bhattacharyay

1969: Intergenerational Risk-Sharing and Risk-Taking of a Pension Fund

Christian Gollier

1968: Does Centralization Affect the Number and Size of Lobbies?

Michela Redoano

1967: Efficient CO2 Emissions Control with National Emissions Taxes and International Emissions Trading

Thomas Eichner and Rüdiger Pethig

1966: Optimal Monitoring to Implement Clean Technologies when Pollution is Random

Ines Macho-Stadler and David Perez-Castrillo

1965: FDI Determination and Corporate Tax Competition in a Volatile World

Mauro Ghinamo, Paolo Panteghini and Federico Revelli

1964: It’s a Big World After All

Steven Brakman, Charles van Marrewijk and Charles van Marrewijk

1963: Anti-Competitive Conduct, In-House R&D, and Growth

Volker Grossmann and Thomas Steger

1962: Modeling Optimism and Pessimism in the Foreign Exchange Market

Paul De Grauwe and Pablo Rovira Kaltwasser

1961: Dutch Disease Scare in Kazakhstan: Is it real?

Balázs Égert and Carol Leonard

1960: Behavior under Social Pressure: Empty Italian Stadiums and Referee Bias

Per Pettersson-Lidbom and Mikael Priks

1959: Intercompany Loans and Profit Shifting – Evidence from Company-Level Data

Thiess Büttner and Georg Wamser

1958: Majority-efficiency and Competition-efficiency in a Binary Policy Model

Stefan Krasa and Mattias K Polborn

1957: What Explains Germany’s Rebounding Export Market Share?

Stephan Danninger and Fred Joutz

1956: Smoking and Social Interaction

Panu Poutvaara and Lars-Hinrich Siemers

1955: Do Fiscal Transfers Alleviate Business Tax Competition? Evidence from Germany

Peter Egger, Marko Köthenbürger and Michael Smart

1954: African-American and White Inequality in the American South: Evidence from the 19th Century Missouri State Prison

Scott A. Carson

1953: Push or Pull? An Empirical Analysis of the Demand for Individual Project Grants from the Swiss National Science Foundation

Stefan Wolter, Rémy Hübschi and Matthias Müller

1952: Fiscal Interactions Among European Countries. Does the EU Matter?

Michela Redoano

1951: Wholesale Price Discrimination and Parallel Imports

Mattias Ganslandt and Keith Maskus

1950: A Multivariate Long-Memory Model with Structural Breaks

Guglielmo Maria Caporale and Luis Gil-Alana

1949: Dynamic Choice, Independence and Emotions

Astrid Hopfensitz and Frans van Winden

1948: The Benefits of Being Economics Professor A (and not Z)

Mirjam Praag, Bernard M.S. van Praag and Bernard M.S. van Praag

1947: Substitutability and Protectionism: Latin America’s Trade Policy and Imports from China and India

Giovanni Facchini, Marcelo Olarreaga, Peri Silva and Gerald Willmann

1946: Are Fiscal Adjustments less Successful in Decentralized Governments?

Christoph Schaltegger and Lars Feld

1945: On the Modeling of the Income Distribution Business Cycle Dynamics

Burkhard Heer

1944: Unemployment and Gang Crime: Could Prosperity Backfire?

Panu Poutvaara and Mikael Priks

1943: Does the Chinese Interest Rate Follow the US Interest Rate?

Yin-Wong Cheung, Dickson Tam and Matthew S. Yiu

1942: In Praise of Tax Havens: International Tax Planning and Foreign Direct Investment

Qing Hong and Michael Smart

1941: A Theory of Tolerance

Giacomo Corneo and Olivier Jeanne

1940: Framing Effects in Political Decision Making: Evidence from a Natural Voting Experiment

Monika Buetler and Michel Maréchal

1939: Cointegration Analysis with Mixed-Frequency Data

Byeongchan Seong, Sung K. Ahn and Peter Zadrozny

1938: Environmental Policy Under Model Uncertainty: A Robust Optimal Control Approach

Michael Funke and Michael Paetz

1937: Does the Euro-zone Diverge? A Stress Indicator for Analyzing Trends and Cycles in Real GDP and Inflation

Gebhard Flaig and Timo Wollmershäuser

1936: Labor Reallocation in Response to Trade Reform

Naercio Menezes-Filho and Marc-Andreas Muendler

1935: Does Terror Threaten Human Rights? Evidence from Panel Data

Axel Dreher, Martin Gassebner and Lars-Hinrich Siemers

1934: Redistribution or Education? The Political Economy of the Social Race

Michele Bernasconi and Paola Profeta

1933: Fiscal Policies and Business Cycles in an Enlarged Euro Area

Karsten Staehr

1932: The Bazaar Effect, Unbundling of Comparative Advantage, and Migration

Wilhelm Kohler

1931: Statistical vs. Identified Lives in Benefit-Cost Analysis

James Hammitt and Nicolas Treich

1930: The Free Movement of Inactive Citizens in the EU – A Challenge for the European Welfare State?

Wolfgang Ochel

1929: Monetary Policy in a Channel System

Aleksander Berentsen and Cyril Monnet

1928: Real Exchange Rates in Small Open OECD and Transition Economies: Comparing Apples with Oranges?

Balázs Égert, Kirsten Lommatzsch and Amina Lahrèche-Révil

1927: Price-Dependent Profit Sharing as an Escape from the Bertrand Paradox

Øystein Foros, Kare P. Hagen and Hans Jarle Kind

1926: Raising Taxes through Equalization

Michael Smart

1925: The Welfare State and the Forces of Globalization

Hans-Werner Sinn

1924: On Econometric Analysis of Structural Systems with Permanent and Transitory Shocks and Exogenous Variables

Adrian Pagan and Mohammad Pesaran

1923: Shadow Economy, Tax Morale, Governance and Institutional Quality: A Panel Analysis

Benno Torgler and Friedrich Schneider

1922: Fundamentals, Misvaluation, and Investment: The Real Story

Bob Chirinko and Huntley Schaller

1921: Tax Morale after the Reunification of Germany: Results from a Quasi-Natural Experiment

Lars Feld and Benno Torgler

1920: Competing for Recognition through Public Good Provision

Mattias K Polborn

1919: To React or Not? Fiscal Policy, Volatility and Welfare in the EU-3

Jim Malley, Apostolis Philippopoulos and Ulrich Woitek

1918: The Overvaluation of Renminbi Undervaluation

Yin-Wong Cheung, Menzie Chinn and Eiji Fujii

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