CESifo Working Paper Series

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10435: What’s in a Name? Initial Geography and German Urban Development

Duc Nguyen, Steven Brakman, Harry Garretsen and Tristan Kohl

10434: Bank Regulation and Sovereign Risk: A Paradox

Antonio Afonso and André Teixeira

10432: Biased Decoding and the Foundations of Communication

Luca Braghieri

10431: Fifty Years of U.S. Natural Disaster Insurance Policy

Kendra Marcoux and Katherine R. H. Wagner

10430: Macroeconomics with a Thick Pen

Marc Gronwald and Xin Jin

10429: Analyzing Climate Change Policy Narratives with the Character-Role Narrative Framework

Kai Gehring and Matteo Grigoletto

10428: Cognitive Skills among Adults: An Impeding Factor for Gender Convergence?

Michele Battisti, Alexandra Fedorets and Lavinia Kinne

10427: Forward-Looking Labor Supply Responses to Changes in Pension Wealth: Evidence from Germany

Elisabeth Artmann, Nicola Fuchs-Schündeln and Giulia Giupponi

10426: Equity, Commodity, and Distillate Risk for Oil Upstream Producers and Downstream Consumers

Scott Alan Carson and Scott A. Carson

10425: Labour Costs and the Decision to Hire the First Employee

Bart Cockx and Sam Desiere

10424: Government Spending and Tax Revenue Decentralization and Public Sector Efficiency: Do Natural Disasters Matter?

Antonio Afonso, Joao Jalles and Ana Venâncio

10423: Insuring Peace: Index-Based Livestock Insurance, Droughts, and Conflict

Kai Gehring and Paul Schaudt

10422: Debt Moratoria: Evidence from Student Loan Forbearance

Michael Dinerstein, Constantine Yannelis and Ching-Tse Chen

10421: The Impact of Margaret Sanger’s Birth Control Clinics on Early 20th Century U.S. Fertility and Mortality

Stefan Bauernschuster, Michael Grimm and Cathy M. Hajo

10420: ‘Earned, Not Given’? The Effect of Lowering the Full Retirement Age on Retirement Decisions

Mathias Dolls and Carla Krolage

10419: The Empire Project: Trade Policy in Interwar Canada

Markus Lampe, Kevin O'Rourke, Lorenz Reiter and Yoto Yotov

10418: Child Health, Parental Well-Being, and the Social Safety Net

Achyuta Adhvaryu, N. Meltem Daysal, Snaebjorn Gunnsteinsson, Teresa Molina and Herdis Steingrimsdottir

10417: Costly, but (Relatively) Ineffective? An Assessment of Germany’s Temporary VAT Rate Reduction during the Covid-19 Pandemic

Victoria Baudisch and Matthias Neuenkirch

10416: Inflation and GDP Dynamics in Production Networks: A Sufficient Statistics Approach

Hassan Afrouzi and Saroj Bhattarai

10415: Fiscal Consequences of Corporate Tax Avoidance

Katarzyna Bilicka, Evgeniya Dubinina, Petr Janský and Katarzyna Anna Bilicka

10414: The Taxation of Couples

Felix J. Bierbrauer, Pierre Boyer, Andreas Peichl, Daniel Weishaar and Felix Bierbrauer

10413: Media Treatment of Monetary Policy Surprises and Their Impact on Firms’ and Consumers’ Expectations

Julien Pinter, Evžen Kocenda and Evžen Kočenda

10412: Employment and Reallocation Effects of Higher Minimum Wages

Moritz Drechsel-Grau

10411: Overview of the Characteristics of Tax Haven

Dhammika Dharmapala

10410: The Dynastic Transmission of Power, Exit Options and the Coevolution of Rent-Seeking Elites

Arthur Silve, Thierry Verdier and Thierry Verdier

10409: A Theory of Indifference Based on Status-Seeking Behaviour

Sugata Marjit, Krishnendu Dastidar and Abhilasha Pandey

10408: Swallow This: Childhood and Adolescent Exposure to Fast Food Restaurants, BMI, and Cognitive Ability

Sara Abrahamsson, Aline Bütikofer and Krzysztof Karbownik

10407: Does U.S. Monetary Policy Respond to Macroeconomic Uncertainty?

Thomas Gomez and Giulia Piccillo

10406: Who Cares When Value (Mis)Reporting May Be Found Out? An Acquiring-a-Company Experiment with Value Messages and Information Leaks

Daniela Di Cagno, Werner Güth, Tim Lohse, Francesca Marazzi and Lorenzo Spadoni

10405: Social Organizations and Political Institutions: Why China and Europe Diverged

Joel Mokyr and Guido Tabellini

10404: Regional Productivity Network in the EU

Camilla Mastromarco, Laura Serlenga and Yongcheol Shin

10403: Imperfect Signals

Georg Graetz

10402: We Are All in the Same Boat: Cross-Border Spillovers of Climate Shocks through International Trade and Supply Chain

Alan Feng, Haishi Li and Yulin Wang

10401: On the Pass-Through of Large Devaluations

Carlos Casacuberta and Omar Licandro

10400: Financial Literacy, Experimental Preference Measures and Field Behavior – A Randomized Educational Intervention

Matthias Sutter, Michael Weyland, Anna Untertrifaller, Manuel Froitzheim and Sebastian Schneider

10399: Monetary Policy Interactions: The Policy Rate, Asset Purchases, and Optimal Policy with an Interest Rate Peg

Isabel Gödl-Hanisch, Ronald Mau and Jonathan Rawls

10398: How Far Goods Travel: Global Transport and Supply Chains from 1965-2020

Sharat Ganapati and Woan Foong Wong

10397: Pandemic Consumption

Ruediger Bachmann, Christian Bayer and Martin Kornejew

10396: Quantifying the Macroeconomic Impact of Covid-19-Related School Closures through the Human Capital Channel

Christine de la Maisonneuve, Balázs Égert and David Turner

10395: International Applicability of Education and Migration Aspirations

Amrita Kulka, Till Nikolka, Panu Poutvaara and Silke Uebelmesser

10394: Employing the Unemployed of Marienthal: Evaluation of a Guaranteed Job Program

Maximilian Kasy and Lukas Lehner

10393: The Financial and Non-Financial Performance of Token-Based Crowdfunding: Certification Arbitrage, Investor Choice, and the Optimal Timing of ICOs

Niclas Dombrowski, Wolfgang Drobetz, Lars Hornuf and Paul P. Momtaz

10392: Tax Uncertainty and Welfare-Improving Tax Disputes

Nigar Hashimzade

10391: Parental and Student Time Use around the Academic Year

Benjamin Cowan, Todd Jones and Jeffrey Swigert

10390: Incorporating Theory-Consistent Endogenous Markups into Applied General-Equilibrium Models

James Markusen

10389: Batman Forever? The Role of Trademarks for Reuse in the US Comics Industry

Franziska Kaiser, Alexander Cuntz and Christian Peukert

10388: Young Voters and Budget Deficits

Ole Henning Nyhus and Bjarne Strøm

10387: Financial Risk-Taking under Health Risk

Björn Bos, Moritz Drupp, Jasper N. Meya and Martin Quaas

10386: Refugee Benefit Cuts

Christian Dustmann, Rasmus Landersø and Lars Højsgaard Andersen

10385: Droughts and Malnutrition in Africa

Nora Fingado and Steven Poelhekke

10384: Relational Collusion in the Colombian Electricity Market

Mario Bernasconi, Miguel Espinosa, Rocco Macchiavello and Carlos Suarez

10383: Inequality of Opportunity and Income Redistribution

Marcel Preuss, Germán Reyes, Jason Somerville and Joy Wu

10382: Standing on the Shoulders of Giants or Science? – Lessons from Ordoliberalism

Lars Feld and Ekkehard Köhler

10381: Welfare Effects of Indirect Tax Policies in West Africa

Alain Babatoundé, Bart Capéau and Romain Houssa

10380: The Motherhood Wage and Income Traps

Francesca Barigozzi, Helmuth Cremer and Emmanuel Thibault

10379: The Impact of the Prehistoric Out-of-Africa Migration on Cultural Diversity

Oded Galor, Marc Klemp and Daniel Wainstock

10378: Bank Concentration and Monetary Policy Pass-Through

Isabel Gödl-Hanisch

10377: Academic Migration and Academic Networks: Evidence from Scholarly Big Data and the Iron Curtain

Donia Kamel and Laura Pollacci

10376: Income Taxes and the Mobility of the Rich: Evidence from US and UK Households in Switzerland

Marko Köthenbürger, Costanza Naguib, Christian Stettler and Michael Stimmelmayr

10375: Projecting the Impact of Rising Temperatures: The Role of Macroeconomic Dynamics

Gregory Casey, Stephie Fried, Ethan Goode and Gregory P. Casey

10374: Climate Changes Affect Human Capital

German Caruso, Inés de Marcos and Ilan Noy

10373: Fiscal Foresight and Perverse Distortions to Firm Behavior: Anticipatory Dips and Compensating Rebounds

Bob Chirinko and Daniel Wilson

10372: Taxing Cryptocurrencies

Katherine Baer, Ruud A. De Mooij, Shafik Hebous and Michael Keen

10371: On the Relationship between Adaptation and Mitigation

Ralph Winkler

10370: On the Governance of Carbon Dioxide Removal – A Public Economics Perspective

Ottmar Edenhofer, Max Franks, Matthias Kalkuhl and Artur Runge-Metzger

10369: Price and Prejudice: Housing Rents Reveal Racial Animus

Marius Brülhart, Gian-Paolo Klinke, Andrea Marcucci, Dominic Rohner and Mathias Thoenig

10368: Discrimination in Universal Social Programs? A Nationwide Field Experiment on Access to Child Care

Henning Hermes, Philipp Lergetporer, Fabian Mierisch, Frauke Peter and Simon Wiederhold

10367: Parental Allowance Increase and Labor Supply: Evidence from a Czech Reform

Jakub Grossmann, Filip Pertold and Michal Šoltés

10366: Dynamic Mixture Vector Autoregressions with Score-Driven Weights

Alexander Georges Gretener, Matthias Neuenkirch and Dennis Umlandt

10365: Occupations Shape Retirement across Countries

Philip Sauré, Arthur Seibold, Elizaveta Smorodenkova and Hosny Zoabi

10364: Green Technology Adoption, Complexity, and the Role of Public Policy: A Simple Theoretical Model

Sanjit Dhami

10363: Platform Partnership Programs and Content Supply: Evidence from the YouTube “Adpocalypse”

Lena Abou El-Komboz, Anna Kerkhof and Johannes Loh

10362: The Reverse Waterbed Effect of Sector Coupling — Unilateral Climate Policies and Multilateral Emissions Trading

Christoph Böhringer and Carsten Helm

10361: Transitory Earnings Opportunities and Educational Scarring of Men

Jósef Sigurdsson

10360: Happy Times: Measuring Happiness Using Response Times

Shuo Liu and Nick Netzer

10359: When Health Trumps Money: Economic Incentives and Health Equity in the Provision of Nursing Homes

Øystein Hernæs, Snorre Kverndokk, Simen Markussen and Henning Øien

10358: National Identity, Public Goods, and Modern Economic Development

Stergios Skaperdas and Patrick Testa

10357: Disposed to Be Overconfident

Katrin Gödker, Terrance Odean and Paul Smeets

10356: Political Competitiveness, Regression Discontinuity and the Incumbency Effect

Jerome Archambault and Stanley Winer

10355: Banking in the Shadow of Bitcoin? The Institutional Adoption of Cryptocurrencies

Raphael Auer, Marc Farag, Ulf Lewrick, Lovrenc Orazem, Markus Zoss and Raphael A. Auer

10354: Tax Responses in Local Public Finance: The Flypaper Effect at Work

Marko Köthenbürger and Gabriel Loumeau

10353: State Taxation of Nonresident Income and the Location of Work

David Agrawal and Kenneth Tester

10352: Ready for School? Effects on School Starters of Establishing School Psychology Offices in Norway

Martin Flatø, Bernt Bratsberg, Andreas Kotsadam, Fartein Ask Torvik, Ole Røgeberg and Camilla Stoltenberg

10351: Homophily and Transmission of Behavioral Traits in Social Networks

Palaash Bhargava, Daniel L. Chen, Matthias Sutter and Camille Terrier

10350: Heterogeneity in the Pass-Through from Oil to Gasoline Prices: A New Instrument for Estimating the Price Elasticity of Gasoline Demand

Lutz Kilian and Xiaoqing Zhou

10348: Crisis Experience and the Deep Roots of Covid-19 Vaccination Preferences

Ekaterina Borisova, Klaus Gründler, Armin Hackenberger, Anina Harter, Niklas Potrafke and Koen Schoors

10347: Military Spending and Innovation: Learning from 19th Century World Fair Exhibition Data

Alexander Danzer, Natalia Danzer and Carsten Feuerbaum

10346: Relative Performance Feedback and Long-Term Tasks – Experimental Evidence from Higher Education

Raphael Brade, Oliver Himmler and Robert Jaeckle

10345: Climate Stress Testing

Viral V Acharya, Richard Berner, Robert Engle, Hyeyoon Jung, Johannes Stroebel, Xuran Zeng and Yihao Zhao

10344: Immigration and the Slope of the Labor Demand Curve: The Role of Firm Heterogeneity in a Model of Regional Labor Markets

Andrea Ariu, Tobias Müller and Tuan Nguyen

10343: A Menagerie of Rankings: A Look in RePEc’s Factory

Laurent Linnemer

10342: Intrinsic Preferences for Choice Autonomy

Jana Freundt, Holger Herz and Leander Kopp

10341: Wage Bargaining and Labor Market Policy with Biased Expectations

Almut Balleer, Georg Duernecker, Susanne Forstner and Johannes Goensch

10340: The Role of Gender and Coauthors in Academic Publication Behavior

Wolfgang Schmal, Justus Haucap and Leon Knoke

10339: Overconfidence and Gender Equality in the Labor Market

Spencer Bastani, Thomas Giebe and Oliver Gürtler

10338: Presidential Lecture: Identity Politics

Nicola Gennaioli and Guido Tabellini

10337: Can Workers Still Climb the Social Ladder as Middling Jobs Become Scarce? Evidence from Two British Cohorts

Cecilia Garcia-Penalosa, Fabien Petit and Tanguy van Ypersele

10336: Biased Expectations and Labor Market Outcomes: Evidence from German Survey Data and Implications for the East-West Wage Gap

Almut Balleer, Georg Duernecker, Susanne Forstner and Johannes Goensch

10335: Do Consumers Acquire Information Optimally? Experimental Evidence from Energy Efficiency

Andrea La Nauze and Erica Myers

10334: Decomposing Migrant Self-Selection: Education, Occupation, and Unobserved Abilities

Ilpo Kauppinen and Panu Poutvaara