CESifo Working Paper Series

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1022: Good Jobs, Bad Jobs and Redistribution

Kjell Lommerud, Bjørn Sandvik and Odd Rune Staume

1021: Demographics and Volatile Social Security Wealth: Political Risks of Benefit Rule Changes in Germany

Christoph Borgmann and Matthias Heidler

1020: Following in their Footsteps: Comparing Interest Parity Conditions in Central European Economies to the Euro Countries

Kashif Mansori

1019: Optimal Unemployment Insurance Design: Time Limits, Monitoring, or Workfare?

Peter Fredriksson and Bertil Holmlund

1018: The Dual Income Tax and Firms' Income Shifting through the Choice of Organizational Form and Real Capital Investments

Annette Alstadsæter

1017: Fiscal Federalism and Endogenous Lobbies' Formation

Massimo Bordignon, Luca Colombo and Umberto Galmarini

1016: Searching for Keynes: An Essay on the Political Economy of Fiscal Policy, with Application to Canada, 1870-2000 - revised version

Stanley Winer and J. Stephen Ferris

1015: Towards a Macro-Prudential Leading Indicators Framework for Monitoring Financial Vulnerability

Biswanath Bhattacharyay

1014: Simulation and Estimation of Hedonic Models

James Heckman

1013: Taxation and Valuation of International Real Investments

Jouko Ylä-Liedenpohja

1012: Privatisation and Public Ownership in Finland

Johan Willner

1011: Profit Tax Competition and Formula Apportionment

Rüdiger Pethig and Andreas Wagener

1010: Voluntary Public Unemployment Insurance

Donald Parsons, Torben Tranaes and Helene Lilleør

1009: Optimal Contest Design when the Designer’s Payoff Depends on Competitive Balance

Marco Runkel

1008: Business Cycles, Unemployment Insurance, and the Calibration of Matching Models

James Costain and Michael Reiter

1007: Inequality and Economic Growth: European Versus U.S. Experiences

Reto Foellmi and Josef Zweimüller

1006: A Simple and Flexible Alternative to the Stability and Growth Pact Deficit Ceilings. Is it at hand?

Vito Muscatelli, Piergiovanna Natale and Patrizio Tirelli

1005: Nonsuperneutrality of Money in the Sidrauski Model with Heterogeous Agents

Burkhard Heer

1004: Cross-Border Loss Offset and Formulary Apportionment: How do they affect multijurisdictional firm investment spending and interjurisdictional tax competition ?

Marcel Gerard and Joann Weiner

1003: Contest for Attention in a Quality-Ladder Model of Endogenous Growth

Volker Grossmann

1002: Health Adjusted GDP (HAGDP) Measures of the Relationship Between Economic Growth, Health Outcomes and Social Welfare

Matthew Clarke and Sardar M. N. Islam

1001: Litigation with Symmetric Bargaining and Two-Sided Incomplete Information

Daniel Friedman and Donald Wittman

1000: Fractionalization and the Size of Government

Jo Lind

999: Voter Support for Privatizing Education: Evidence on Self-Interest and Ideology

Wolfram Merzyn and Heinrich Ursprung

998: Who Needs Foreign Banks?

Daniel Gros

997: Addressing the Transfer-Pricing Problem in an Origin-Basis X Tax

David Bradford

996: On Enhanced Cooperation

Massimo Bordignon and Sandro Brusco

995: Macroeconomic Dynamics and Credit Risk: A Global Perspective

Til Schuermann, Björn-Jakob Treutler, Scott M. Weiner and Mohammad Pesaran

994: Contract Duration and Indexation in a Period of Real and Nominal Uncertainty

Louis Christofides and Amy Chen Peng

993: The Assignment of Powers in an Open-ended European Union

Pierre Salmon

992: Late and Multiple Bidding in Second Price Internet Auctions: Theory and Evidence Concerning Different Rules for Ending an Auction

Axel Ockenfels and Alvin Roth

991: On the Optimal Size of Public Sector under Rent-Seeking competition from State Coffers

Hyun Park, Apostolis Philippopoulos and Vanghelis Vassilatos

990: Small Sample Properties of Forecasts from Autoregressive Models under Structural Breaks

Allan Timmermann and Mohammad Pesaran

989: The Deadlock of the EU Budget: An Economic Analysis of Ways In and Ways Out

Charles Blankart and Christian Kirchner

988: Self-Enforcing International Agreements and Domestic Policy Credibility

Paola Conconi and Carlo Perroni

987: An Experimental Analysis of Ending Rules in Internet Auctions

Dan Ariely, Axel Ockenfels and Alvin Roth

986: Globalization and Political Geography

Federico Etro

985: Choosing Club Membership under Tax Competition and Free Riding

Hyun Park and Apostolis Philippopoulos

984: A Sectoral Analysis of Price-Setting Behavior in US Manufacturing Industries

Campbell Leith and Jim Malley

983: Choice of Tax Base Revisited: Cash Flow vs. Prepayment Approaches to Consumption Taxation

Syed Ahsan and Panagiotis Tsigaris

982: On the Frequency of Interior Cournot-Nash Equilibria in a Public Good Economy

Wolfgang Buchholz, Richard Cornes and Wolfgang Peters

981: Unemployment in Britain: A European Success Story

Christopher Pissarides

980: Firm and Establishment Volatility: The Role of Sunk Costs, Profit Uncertainty and Technological Change

Vivek Ghosal

979: Market Entry Regulation and International Competition

Thorsten Upmann and Frank Stähler

978: Are Different-Currency Assets Imperfect Substitutes?

Martin Evans and Richard Lyons

977: Optimal Utilitarian Taxation and Horizontal Equity

Henrik Jordahl and Luca Micheletto

976: An Essay on Welfare State Dynamics

Assar Lindbeck

975: Capital Taxation May Survive in Open Economies

Michael Braulke and Giacomo Corneo

974: Is the Completion of EU Single Market Hindered by VAT Evasion?

Andrea Gebauer, Chang Woon Nam and Rüdiger Parsche

973: Scholarships or Student Loans? Subsidizing Higher Education in the Presence of Moral Hazard

Alessandro Cigno and Annalisa Luporini

972: Tax Deductibility of Commuting Expenses and Residential Land Use with more than one Center

Matthias Wrede

971: Regulatory Competition and Multi-national Banking

Dag Morten Dalen and Trond Olsen

970: The Role of Public Infrastructure for Firm Location and International Outsourcing

Hartmut Egger and Josef Falkinger

969: The Effect of Better Information on Income Inequality

Bernhard Eckwert and Itzhak Zilcha

968: Measuring Taxes on Income from Capital: Evidence from the UK

Michael Devereux and Alexander Klemm

967: The "Taxing Wages" Approach to Measuring the Tax Burden on Labour

Christopher Heady

966: Using Micro-Data to Assess Average Tax Rates

W. Steven Clark

965: Measuring Effective Tax Rates on Human Capital: Methodology and an Application to Canada

Kirk A. Collins and James Davies

964: The Tax Burden on Cross-Border Investment: Company Strategies and Country Responses

Harry Grubert

963: How to Measure the Tax Burden on Labour at the Macro-Level?

Jan-Egbert Sturm and Bjørn Volkerink

962: Measuring Taxes on Income from Capital

Michael Devereux

961: Social Union, Convergence and Migration

Hans-Werner Sinn and Wolfgang Ochel

960: Credit Market Imperfections in Middle Income Countries

Aaron Tornell and Frank Westermann

959: Being Independent is a Great Thing: Subjective Evaluations of Self-Employment and Hierarchy

Bruno Frey and Matthias Benz

958: Financing Entrepreneurial Firms in Europe: Facts, Issues, and Research Agenda

Laura Bottazzi and Marco Da Rin

957: The Price of "Man" and "Woman": A Hedonic Pricing Model of Avatar Attributes in a Synthetic World

Edward Castronova

956: Capital Mobility and Tax Competition: A Survey

Clemens Fuest, Bernd Huber and Jack Mintz

955: Training, Job Security and Incentive Wages

Margarita Katsimi

954: Living in Two Neighborhoods – Social Interactions in the LAB

Armin Falk, Urs Fischbacher and Simon Gaechter

953: Competitive Markets, Collective Decisions and Group Formation

Hans Gersbach and Hans Haller

952: Labour Demand in Germany: An Assessment of Non-Wage Labour Costs

Yu-Fu Chen and Michael Funke

951: Cold Progression and its Effects on Income Distribution

Burkhard Heer and Bernd Süssmuth

950: A Microfoundation of Predator-Prey Dynamics

Thomas Eichner and Rüdiger Pethig

949: Beyond the Dogma of the Fixed Book Price Agreement

Frederick (Rick) van der Ploeg

948: Strategic Trade Policy and Merger Profitability

Steffen Huck and Kai Konrad

947: Stabilizing Competitive Cycles with Distortionary Taxation

Erkki Koskela and Mikko Puhakka

946: The Double Dividend Hypothesis of Environmental Taxes: A Survey

Ronnie Schöb

945: The Principal-Agent Matching Market

Kaniska Dam

944: Mergers, Investment Decisions and Internal Organisation

Albert Banal-Estanol, Ines Macho-Stadler and Jo Seldeslachts

943: Tax Competition in a Fiscal Union with Decentralized Leadership

Marko Köthenbürger

942: Workfare and Trade Unions: Labor Market Repercussions of Welfare Reform

Ronnie Schöb

941: The Kalai-Smorodinsky Solution in Labor-Market Negotiations

Thorsten Bayindir-Upmann and Anke Gerber

940: Spanish Unemployment: The End of the Wild Ride?

Samuel Bentolila and Juan F Jimeno

939: The Effect of Central Exit Examinations on Student Achievement: Quasi-experimental Evidence from TIMSS Germany

Hendrik Jürges, Kerstin Schneider and Felix Büchel

938: Is there a Case for Public Provision of Private Goods if Preferences are Heterogeneous? An Example with Day Care

Sören Blomquist and Vidar Christiansen

937: Education Policy and Mobility: Some Basic Results

Ulrich Hange

936: Are Stationary Hyperinflation Paths Learnable?

Klaus Adam, George Evans and Seppo Honkapoja

935: The Marginal Cost of Public Funds in OECD Countries. Hours of Work Versus Labor Force Participation

Henrik Jacobsen Kleven, Claus Thustrup Kreiner and Claus Thustrup Kreiner

934: Irreversible Investments and Regulatory Risk

Paolo Panteghini and Carlo Scarpa

933: From Excess to Shortage - Recent Developments in the Danish Labour Market

Torben Andersen

932: Hotelling Tax Competition

Myrna Wooders and Benjamin Zissimos

931: Social Norms and Welfare State Dynamics

Assar Lindbeck, Sten Nyberg and Jörgen Weibull

930: Does Venture Capital Investment Spur Employment Growth?

Ansgar Belke, Rainer Fehn and Neil Foster-McGregor

929: Competing for Foreign Direct Investments: A Real Options Approach

Paolo Panteghini and Guttorm Schjelderup

928: Assessing the Efficiency of an Insurance Provider - A Measurement Error Approach

Mario Jametti, Thomas von Ungern-Sternberg and Thomas von Ungern-Sternberg

927: Statements of ECB Officials and their Effect on the Level and Volatility of the Euro-Dollar Exchange Rate

David-Jan Jansen, Jakob de Haan and Jakob de Haan

926: International Financial Crises

Rüdiger Dornbusch and Stanley Fischer

925: Assessing the "Choosiness" of Job Seekers. An Exploratory Approach and Evidence for Italy

Ugo Trivellato and Anna Giraldo

924: Dissecting the PPP Puzzle: The Unconventional Roles of Nominal Exchange Rate and Price Adjustment

Yin-Wong Cheung, Kon S. Lai and Michael Bergman

923: Risk Aversion and the Subjective Time Discount Rate: A Joint Approach

Bernard van Praag and Adam S. Booij