CESifo Working Paper Series

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1090: Transport Subsidies, System Choice, and Urban Sprawl

Jan Brueckner

1089: Japan's Imbalance of Payments

Nikolas Müller-Plantenberg

1088: Input Versus Output Taxation in an Experimental International Economy

Arno Riedl and Frans van Winden

1087: Decentralized Taxation and the Size of Government: Evidence from Swiss State and Local Governments

Lars Feld, Gebhard Kirchgässner and Christoph Schaltegger

1086: Wages, Unemployment, and the Underground Economy

Ann-Sofie Kolm and Birthe Larsen

1085: Employment in the Public Sector

Lorenzo Forni and Raffaela Giordano

1084: Restructuring the ECB

Helge Berger, Jakob de Haan, Robert Inklaar and Jakob de Haan

1083: The Role of Direct Democracy in the European Union

Lars Feld and Gebhard Kirchgässner

1082: On the Elasticities of Harvesting Rules

Fwu-Ranq Chang

1081: Endogenous Wage Rigidity

Jonas Agell and Helge Bennmarker

1080: Market Structure and the Taxation of International Trade

Andreas Haufler and Michael Pflüger

1079: Attention Economies

Josef Falkinger

1078: The Surprising French Employment Performance: What Lessons?

Jean Pisani-Ferry

1077: Social Interactions in Unemployment

Rafael Lalive

1076: Why are Small Firms Different? Managers’ Views

Jonas Agell

1075: Income Taxes, Property Values, and Migration

Amihai Glazer, Vesa Kanniainen and Panu Poutvaara

1074: The Taxation of Financial Capital under Asymmetric Information and the Tax-Competition Paradox

Wolfgang Eggert and Martin Kolmar

1073: Finance, Control, and Profitability: The Influence of German Banks

Bob Chirinko and Julie Elston

1072: Electoral Uncertainty, Fiscal Policies & Growth: Theory and Evidence from Germany, the UK and the US

George Economides, Jim Malley, Apostolis Philippopoulos and Ulrich Woitek

1071: Piracy of Digital Products: A Critical Review of the Economics Literature

Martin Peitz and Patrick Waelbroeck

1070: Pools and Cross-Licensing in the Shadow of Patent Litigation

Jay Choi

1069: Decentralising Wage Bargaining in Germany – A Way to Increase Employment?

Wolfgang Ochel

1068: Time, Risk, Precommitment, and Adverse Selection in Competitive Insurance Markets

Mark V. Pauly

1067: State Intervention on the Market for Natural Damage Insurance in Europe

Thomas von Ungern-Sternberg

1066: Public Policy and Venture Capital Backed Innovation

Christian Keuschnigg

1065: Creating Firms for a New Century: Determinants of Firm Creation around 1900

Joerg Baten

1064: The Hayek Pension: An efficient minimum pension to complement the welfare state

Jakob von Weizsäcker

1063: Health Service Gatekeepers

James Malcomson

1062: Will Social Security and Medicare Remain Viable as the U.S. Population is Aging? An Update

Henning Bohn

1061: Wealth Transfer Taxation: A Survey

Helmuth Cremer and Pierre Pestieau

1060: Fiscal and Monetary Policy Interactions: Empirical Evidence and Optimal Policy Using a Structural New Keynesian Model

Vito Muscatelli, Patrizio Tirelli and Carmine Trecroci

1059: Female Labor Supply and Child Care in France

Philippe Choné, David le Blanc and Isabelle Robert-Bobée

1058: Voting and Nonlinear Taxes in a Stylized Representative Democracy

Henning Bohn and Charles Stuart

1057: Structural Reforms and the Enlargement of Monetary Union

Carsten Hefeker

1056: Exchange Rate Volatility and Employment Growth: Empirical Evidence from the CEE Economies

Ansgar Belke and Ralph Setzer

1055: Income Tax, Consumption Value of Education, and the Choice of Educational Type

Annette Alstadsæter

1054: Which School Systems Sort Weaker Students into Smaller Classes? International Evidence

Martin R. West and Ludger Woessmann

1053: Is there a European Business Cycle?

Michael Artis

1052: Is the Collective Model of Labor Supply Useful for Tax Policy Analysis? A Simulation Exercise

Olivier Bargain and Nicolas Moreau

1051: Output Smoothing in EMU and OECD: Can We Forego Government Contribution? A Risk Sharing Approach

Carlos Marinheiro

1050: On the Optimality of PAYG Pension Systems in an Endogenous Fertility Setting

Gemma Abio, Geraldine Mahieu and Concepció Patxot

1049: Imitation - Theory and Experimental Evidence

Jose Alpesteguia, Steffen Huck and Jörg Oechssler

1048: Insiders, Outsiders, and the Underground Economy

Dan Anderberg

1047: Firm Size and Diversification: Asymmetric Multiproduct Firms under Cournot Competition

Volker Grossmann

1046: The Firm as a Pool of Factor Complementarities

Assar Lindbeck and Dennis Snower

1045: Bubbling and Crashing Exchange Rates

Marianna Grimaldi and Paul De Grauwe

1044: Tainted Money? Contribution Limits and the Effectiveness of Campaign Spending

Thomas Stratmann

1043: Stochastic Optimal Control Modeling of Debt Crises

Jerome Stein

1042: Transatlantic Monetary and Fiscal Policy Interaction

Bas van Aarle, Harry Garretsen, Florence Huart and Bas Van Aarle

1041: Improving the Equity-Efficiency Trade-off: Mandatory Savings Accounts for Social Insurance

Lans Bovenberg and Peter Birch Sørensen

1040: Investment Size and Firm's Value under Profit Sharing Regulation

Michele Moretto, Paolo Panteghini and Carlo Scarpa

1039: Privatizing Social Security Under Balanced-Budget Constraints: A Political-Economy Approach

Assaf Razin and Efraim Sadka

1038: Capital-skill Complementarity and the Redistributive Effects of Social Security Reform

Alessandra Casarico and Carlo Devillanova

1037: Social Capital and Collusion: The Case of Merchant Guilds

Roberta Dessi and Sheilagh Olgivie

1036: Neutral Taxation of Shareholder Income: A Norwegian Tax Reform Proposal

Peter Birch Sørensen

1035: Tax Policy and Labor Market Performance

Lans Bovenberg

1034: An Assessment of the Impact of HIV/AIDS on Economic Growth: The Case of Kenya

Maureen Were and Nancy N. Nafula

1033: The Relationships Between Costs and User Charges: The Case of a Norwegian Utility Service

Lars-Erik Borge and Jorn Rattso

1032: Decentralization and the Fate of Minorities

Kjetil Bjorvatn and Alexander Cappelen

1031: Identification and Estimation of Hedonic Models

Ivar Ekeland, James Heckman and Lars Nesheim

1030: Relationship Between Maternal Behavior During Pregnancy, Birth Outcome, and Early Childhood Development: An Exploratory Study

Kai Li and Dale J. Poirier

1029: Bargaining and Distribution of Power in the EU's Conciliation Committee

Stefan Napel and Mika Widgrén

1028: From the Tallest to (One of) the Fattest: The Enigmatic Fate of the American Population in the 20th Century

John Komlos and Marieluise Baur

1027: Bio-Demographic and Health Aspects of Ageing in the EU

José Herce, Namkee Ahn, Ricard Génova and Joaquín Pereira

1026: Bailing Out Expectations and Health Expenditure in Italy

Massimo Bordignon and Gilberto Turati

1025: Optimal Taxation and Normalisations

Bjørn Sandvik

1024: Skills’ Substitutability and Technological Progress: U.S. States 1950-1990

Antonio Ciccone and Giovanni Peri

1023: The Governance of Globalization: The Political Economy of Anglo-American Hegemony, 1793-2003

Patrick K. O’Brien

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