CESifo Working Paper Series

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406: Competition of Politicians for Incentive Contracts and Elections

Hans Gersbach

405: Sources of U.S. Longevity Increase, 1960 -1997

Frank Lichtenberg

404: The Benefits and Costs of Newer Drugs: Evidence from the 1996 Medical Expenditure Panel Survey

Frank Lichtenberg

403: Theories of Fairness and Reciprocity – Evidence and Economic Applications

Ernst Fehr and Klaus Schmidt

402: Residence-based Capital Taxation: Why Information is Voluntarily Exchanged and why it is not

Wolfgang Eggert and Martin Kolmar

401: Auctions and Corruption

Yvan Lengwiler and Elmar Wolfstetter

400: Equilibrium Contracts for the Central Bank of a Monetary Union

Avinash Dixit and Henrik Jensen

399: The Role of Taxes as Automatic Destabilizers in New Keynesian Economics

Claus Thustrup Hansen and Henrik Jacobsen Kleven

398: Inequality and the State: Comparing U.S. and German Preferences

Giacomo Corneo

397: How Efficient is the East German Economy? An Exploration With Micro Data

Michael Funke and Jörg Rahn

396: Open Market Operations as a Monetary Policy Shock Measure in a Quantitative Business Cycle Model

Burkhard Heer and Andreas Schabert

395: The Empirical Relevance of the New Economic Geography: Testing for a Spatial Wage Structure in Germany

Steven Brakman, Harry Garretsen and Marc Schramm

394: The Role of Social Security in Household Decisions: Var Estimates of Saving and Fertility Behaviour in Germany

Alessandro Cigno, Luca Casolaro and Furio Rosati

393: Cost Competition, Fragmentation and Globalization

Barbara Dluhosch and Michael Burda

392: The Malleability of Undiscounted Utilitarianism as a Criterion of Intergenerational Justice

Geir Asheim and Wolfgang Buchholz

391: Income Splitting – is it Good for Both Partners in the Marriage?

Matthias Wrede

390: Tax Competition and International Public Goods

Kjetil Bjorvatn and Guttorm Schjelderup

389: Choosing Between School Systems

Volker Meier

388: On the Intergenerational Incidence of Wage and Consumption Taxes

Berthold Wigger

387: Vertical Product Differentiation and the Import Demand Function: Theory and Evidence

Jim Malley and Thomas Moutos

386: Work-Sharing: an Efficiency-Wage Analysis

Thomas Moutos and William Scarth

385: Neutral Technological Change and the Skill Premium

Thomas Moutos

384: On the Determinants of Labour Market Institutions: Rent-Sharing vs. Social Insurance

Jonas Agell

383: On the Analytics of the Dynamic Laffer Curve

Jonas Agell and Mats Persson

382: Auction Theory from an All-Pay View: Buying Binary Lotteries

Wolfgang Leininger

381: The Optimal Portfolio of Start-Up Firms in Venture Capital Finance

Vesa Kanniainen and Christian Keuschnigg

380: Term Length and the Quality of Appointments

Amihai Glazer and Vesa Kanniainen

379: Entrepreneurship in a Unionised Economy

Mikko Leppämäki and Vesa Kanniainen

378: Two Mezzogiornos

Hans-Werner Sinn and Frank Westermann

377: The Minimum Inflation Rate for Euroland

Michael Reutter and Hans-Werner Sinn

376: Commodity Taxation and International Trade in Imperfect Markets

Andreas Haufler, Guttorm Schjelderup and Frank Stähler

375: Privatisation and Institutions: A Cross Country Analysis

Bernardo Bortolotti, Domenico Siniscalco and Marcella Fantini

374: Estimation and Inference In Short Panel Vector Autoregressions with Unit Roots And Cointegration

Michael Binder, Cheng Hsiao and Mohammad Pesaran

373: Comparative Analysis of Litigation Systems: An Auction-Theoretic Approach

Michael Baye, Dan Kovenock, Casper De Vries and de Vries Casper G

372: Unemployment and Consumption: Are Job Losses Less Painful near the Mediterranean?

Samuel Bentolila and Andrea Ichino

371: Pareto Efficiency in International Taxation

Michael Keen and David Wildasin

370: Fiscal Competition in Space and Time

David Wildasin

369: Optimal Tariffs and Subsidies And Changes in Markets Structure

Dominik Egli and Frank Westermann

368: Public Funding of Political Parties

Christian Schultz and Ignacio Ortuno-OrtÍn

367: The Environmental Kuznets Curve: Exploring a Fresh Specification

David Bradford, Rebecca Schlieckert and Stephen H. Shore

366: How Much Fiscal Equalisation?

Robert Fenge and Jakob von Weizsäcker

365: Do Benefit Cuts Boost Job Findings? Swedish Evidence From the 1990s

Kenneth Carling, Bertil Holmlund and Altin Vejsiu

364: The Efficient Side of Progressive Income Taxation

Giacomo Corneo

363: On a Simple Survey Measure of Individual Risk Aversion

Joop Hartog, Ada Ferrer-i-Carbonell and Nicole Jonker

362: Controlling Complexity in Spatial Modelling

Jean Paelinck

361: Pollution and Resource Extraction: Do they Matter for the Dynamics of Growth?

George Economides and Apostolis Philippopoulos

360: Can Cross-Border Pollution Reduce Pollution?

Panos Hatzipanayotou, Sajal Lahiri and Michael Michael

359: Enterprise Formation and Labor Market Institutions

Vesa Kanniainen and Timo Vesala

358: European Market Integration for Gas? Volume Flexibility and Political Risk

Frank Asche, Petter Osmundsen and Ragnar Tveterås

357: Anarchy, Efficiency, and Redistribution

Dieter Bös and Martin Kolmar

356: Entrepreneurship, Economic Risks, and Risk Insurance in the Welfare State: Results with OECD Data 1978-93

Pekka Ilmakunnas and Vesa Kanniainen

355: Inequality and Growth: The Dual Role of Human Capital in Development

Theo Eicher

354: Controlling Investment Decisions: Hurdle Rates and Intertemporal Cost Allocation

Sunil Dutta and Stefan Reichelstein

353: Seignorage Wealth in the Eurosystem: Eurowinners and Eurolosers Revisited

Hans-Werner Sinn and Holger Feist

352: Fragmentation, Globalization and Labor Markets

Michael Burda and Barbara Dluhosch

351: Transfers to Families with Children as a Principal-Agent Problem

Alessandro Cigno, Annalisa Luporini and Anna Pettini

350: Corrective Taxation for Curbing Pollution and Promoting Green Product Design and Recycling

Thomas Eichner and Rüdiger Pethig

349: Are Nash Tax Rates too Low or too High? An Example of the Role of Economic Growth in Models with Public Goods

Apostolis Philippopoulos and George Economides

348: The Optimal Taxation of Dividends in a Small Open Economy

Clemens Fuest and Bernd Huber

347: Welfare Effects of Migration in Societies with Indirect Taxes, Income Transfers and Public Good Provision

Michael Michael and Panos Hatzipanayotou

346: The Cost Efficiency of UK Debt Management: A Recursive Modelling Approach

Mohammad Pesaran

345: Forecast Uncertainties in Macroeconometric Modelling: An Application to the UK Economy

Mohammad Pesaran

344: Factor Mobility and Fiscal Policy in the EU: Policy Issues and Analytical Approaches

David Wildasin

343: Efficiency, Equity, and Generalized Lorenz Dominance

Christian Kleiber and Walter Kraemer

342: Fundamental Tax Reform in The Netherlands

Sijbren Cnossen and Lans Bovenberg

341: Integration and Search Unemployment: An Analysis of Eastern EU Enlargement

Ben Heijdra and Christian Keuschnigg

340: Innovation and Spillovers: Evidence from European Regions

Laura Bottazzi and Giovanni Peri

339: Disorganization and Financial Collapse

Dalia Marin and Monika Schnitzer

338: Stochastic Intertemporal Optimization in Discrete Time (new title: Stochastic optimization in discrete time)

Wendell Fleming

337: Interactions between International Migration and the Welfare State

Assaf Razin and Efraim Sadka

336: Fairness and Retaliation: The Economics of Reciprocity

Ernst Fehr and Simon Gaechter

335: Robustness and Real Consequences of Nominal Wage Rigidity

Ernst Fehr and Lorenz Götte

334: The Dynamics of Corruption with the Ratchet Effect

Jay Choi and Marcel Thum

333: A Tax on Tax Revenue. The Incentive Effects of Equalizing Transfers: Evidence from Germany

Bernd Huber, Christian Baretti and Karl Lichtblau

332: Group Formation in a Public Good Experiment. On The Dynamics of Social Ties Structures

Frans van Winden

331: Evolutionary Norm Enforcement

Werner Güth and Axel Ockenfels

330: Boundedly Rational Decision Emergence - A General Perspective and Some Selective Illustrations

Werner Güth

329: Allowing for Household Preferences in Emission Trading - A Contribution to the Climate Policy Debate

Michael Ahlheim and Friedrich Schneider

328: The Behavioral Impact of Emotions in a Power-to-Take Game: An Experimental Study

Ronald Bosman and Frans van Winden

327: Ten Years After: What is Special about Transition Countries?

Daniel Gros and Marc Suhrcke

326: One Size Must Fit All. National Divergences in a Monetary Union

Daniel Gros and Carsten Hefeker

325: Emission Taxes and the Design of Refunding Schemes

Hans Gersbach and Till Requate

324: Why Pay More? Corporate Tax Avoidance through Transfer Pricing in OECD Countries

Eric Bartelsman and Roel Beetsma

323: Budget Referendums and Government Spending: Evidence from Swiss

Lars Feld and John Matsusaka

322: Trust Breeds Trust: How Taxpayers are Treated

Lars Feld and Bruno Frey

321: Risk-Aversion and Social Mobility: The Impossibility of Order-Preserving Income Redistributions

Leif Danziger and Heinrich Ursprung

320: The Threat to the German Welfare State

Hans-Werner Sinn

319: Testing for Output Convergence: A Re-Examination

Yin-Wong Cheung and Antonio I. Garcia Pascual

318: Productivity Differences in OECD Countries

Antonio I. Garcia Pascual

317: Does Competition Solve the Hold-Up Problem?

Leonardo Felli and Kevin Roberts

316: International Competition for R&D Investments (new title: Spillovers and international competition for investments)

Trond Olsen and Petter Osmundsen

315: The Political Economy of Sustainable Federations

Mark Gradstein

314: Compensation and Bargaining with Entrpreneurship as the Outside Option

Erkki Koskela and Rune Stenbacka

313: Resources, Agriculture, and Economic Growth in Economies in Transition

Thorvaldur Gylfason

312: Commercial Culture, Political Culture and the Political Economy of Trade Policy: The Case of Japan

Seiichi Katayama and Heinrich Ursprung

311: Optimal Investment Strategies under Demand and Tax Policy Uncertainty

Hjalmar Boehm and Michael Funke

310: Political Uncertainty, Public Expenditure and Growth

Julia Darby, Chol-Won Li and Vito Muscatelli

309: Preemption in Capacity and Price Determination - A Study of Endogenous Timing of Decisions for Homogeneous Markets

Sandra Güth and Werner Güth

308: Why do People Veto? An Experimental Analysis of the Valuation and the Consequences of Varying Degrees of Veto Power

Werner Güth and Judit Kóvaczs

307: EU Enlargement and the Future of the Welfare State

Hans-Werner Sinn