CESifo Working Paper Series

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12030: Can Air Pollution Affect Our Sentiments: Social Media Evidence from Japan

Zehao Lin, Ying Liu, Congrong Pan and Lutz Sager

12029: Public Communication and Collusion: New Screening Tools for Competition Authorities

Tomaso Duso, Harrington Joseph E., Carl Kreuzberg and Geza Sapi

12028: Is it Time to Put a Moratorium on List Experiments for Domestic Violence Elicitation?

Andreas Kotsadam and Mette Løvgren

12027: International Transport Infrastructure and Regional Economic Development

Karsten Mau, Mingzhi (Jimmy) Xu and Yawen Zheng

12026: Markups, Markdowns, and Bargaining in a Vertical Supply Chain

Rémi Avignon, Claire Chambolle, Etienne Guigue and Hugo Molina

12025: Cooperative Banks and Crime: A Provincial-Level Analysis

Gianluca Cafiso and Marco Ferdinando Martorana

12024: Born in the Land of Milk and Honey: Hometown Growth and Individual Wealth Accumulation

Charlotte Bartels, Johannes König and Carsten Schröder

12023: Culture and Social Organizations in the Great Reversal: Europe and China, 1000-2000

Avner Greif, Joel Mokyr and Guido Tabellini

12022: Legal Risks and Social Bonds: How Does Information About Risks Affect the Willingness to Grant a Third-Party Loan Guarantee?

Elisabeth Beckmann, Söhnke Bergmann, Christa Hainz and Sarah Kiesl-Reiter

12021: Trading Around Geopolitics

Giancarlo Corsetti, Banu Demir, Beata Javorcik, Banu Demir Pakel and Beata Smarzynska Javorcik

12020: Green Transition with Dynamic Social Preferences

Kirill Borissov and Nigar Hashimzade

12019: Do Firms Hire Politicians as Directors? Evidence from Close Elections

Simon Luechinger, Mark Schelker and Lukas Schmid

12018: Tuition Increases and University Behavior: Theory and Evidence on Student Enrollment

Katherine Cuff, Ana Gamarra Rondinel and A. Abigail Payne

12017: From Rural Schools to City Factories: Assessing the Quality of Chinese Rural Schools

Eric A. Hanushek, Le Kang, Xueying Li and Lei Zhang

12016: Outside Employment and Parliamentary Priorities

Klaus Gründler, Niklas Potrafke and Timo Wochner

12015: Transparency as Trade Policy: The Value of Advance Notifications in Technical Regulations

Irene Iodice

12014: Inequality, Social Mobility and Convergence: Patterns Across the Indian States

Bharatee Dash and Stanley L. Winer

12013: Are Citizens Willing to Reduce Public Debt? Beliefs, Information and Policy Preferences

Massimo Bordignon, Nicolò Gatti and Gilberto Turati

12012: Why Avoiding Deindustrialization via Subsidies May Trigger a Subsidy Trap and Slow Down Green Investments

Markus Dertwinkel-Kalt, Anna Ressi and Christian Wey

12011: Workers’ Motivation and Quality of Services in Mission-Driven Sectors

Francesca Barigozzi, Chiara Canta and Helmuth Cremer

12010: Comparing the Effects of Subsidies on Target Goods

Markus Dertwinkel-Kalt and Christian Wey

12009: The Effect of Cyclones on Workers’ Mental Health

Cristhian D. Prieto, Arthur Grimes and Ilan Noy

12008: Spiral of Silence: Polarizing Content Creation through Moderating Toxicity

Ying Bao and Jessie Liu

12007: Explaining Business Sentiment: Insights from the ifo Business Survey

Stefan Sauer and Klaus Wohlrabe

12006: Inflation Forecast Targeting Revisited

Christian Conrad, Zeno Enders and Gernot Müller

12005: Corporate Survival in Emerging European Markets: Impacts of the COVID-19 Pandemic and the Russo-Ukrainian War

Evžen Kočenda and Ichiro Iwasaki

12004: School Enrollment Shifts Five Years After the Pandemic

Abigail Francis, Joshua Goodman and Joshua S. Goodman

12003: Do Anti-immigration Attitudes Discourage Immigration? Evidence from a New Instrument

Etienne Bacher, Michel Beine and Hillel Rapoport

12002: The More the Merrier? The Role of Green Research and Development Subsidies under Different Environmental Policies

Leonie P. Meissner

12001: Spatial Patterns in the Formation of Economic Preferences

Shyamal Chowdhury, Manuela Puente-Beccar, Hannah Schildberg-Hörisch, Sebastian Schneider and Matthias Sutter

12000: Lobbying in Disguise

Stefano Carattini, Ulrich Matter and Matthias Roesti

11999: Erroneous Beliefs Impede the Implementation of Cooperation-Inducing Mechanisms

Markus Dertwinkel-Kalt, Vincent Eulenberg, Christoph Feldhaus, Jonas Frey, Kevin Breuer, Ben Bruske, Flynn Fehre, Penelope Hoffmann, Cederik Höfs, Nico Klocke, Lucas Schnack, Florian Strunk, Moritz Thiele, Annika Walter, Julia Weinberg and Konstantin Zörner

11998: For (Un)Love or (of) Taxes? How Taxing Bachelors Empowered Italian Women

Enrico Rubolino and Enrico Rubolino

11997: Disconnecting Women: Gender Disparities in the Impact of Online Instruction

Xiaoyue Shan, Ulf Zölitz and Uschi Backes-Gellner

11996: Changes in the Hedonic Valuation of Amenities and Characteristics in Post-pandemic Residential Property Markets

Shiwen Xu

11995: Equilibrium Failure Rates in Tests of Endogenous Competence

Giuseppe Bertola

11994: Fertility in Sub-Saharan Africa: The Interplay Between Policy, Culture, and Intra-Household Bargaining

Matthew Collins, Eleonora Guarnieri and Helmut Rainer

11993: Government Scale as a Stabilizer: Effects on Output Volatility and Losses

Antonio Afonso, José Alves and Frederico Silva Leal

11992: Speaking of Inflation: The Influence of Fed Speeches on Expectations

Eleonora Granziera, Vegard Larsen, Greta Meggiorini and Leonardo Melosi

11991: Keeping the Agents in the Dark: Competing Mechanisms, Private Disclosures, and the Revelation Principle

Andrea Attar, Eloisa Campioni, Thomas Mariotti and Alessandro Pavan

11990: Serving Countries, Shaping Views: Military Conscription and Attitude Towards Immigrants

Giacomo De Luca, Andrea Montalbano and Steven Stillman

11989: Cash Transfers, Mental Health and Agency: Evidence from an RCT in Germany

Sandra Bohmann, Susann Fiedler, Maximilian Kasy, Jürgen Schupp and Frederik Schwerter

11988: Going Beyond Suffering in Public Goods Games When Low Contributions Are Inefficient: Experimenting with Two Institutions

Daniela Di Cagno, Werner Güth, Francesca Marazzi and Luca Panaccione

11987: Are Bad Institutions Always Bad for Society? Trust and Cooperation in Times of Crisis

Pierluigi Conzo, Gianmarco Daniele, Andrea Martinangeli and Willem Sas

11986: Childbirth, Baby Bonus, and Maternal Mental Health

Sua Kang, Wookun Kim and Kanghyock Koh

11985: The COVID-19 Shock and Spanish Hotel Activity

Guglielmo Maria Caporale, Luis Gil-Alana, Carlos Poza and José L. Ruiz-Alba

11984: A Fractional Integration Model with Autoregressive Processes

Guglielmo Maria Caporale and Luis Gil-Alana

11983: A Fractional Integration Model and Testing Procedure with Roots Within the Unit Circle

Guglielmo Maria Caporale and Luis Gil-Alana

11982: Industrial Policy and Retaliatory Protection under the WTO: Lessons from China

Yusheng Feng, Haishi Li, Siwei Wang and Min Zhu

11981: Out-of-School Learning: Subtitling vs. Dubbing and the Acquisition of Foreign-Language Skills

Frauke Baumeister, Eric A. Hanushek, Ludger Woessmann and Christiane Baumeister

11980: Rethinking the Stock Market Participation Puzzle: A Qualitative Approach

Kamila Duraj, Daniela Grunow, Michael Haliassos, Christine Laudenbach and Stephan Siegel

11979: Do Reforms Aimed at Reducing Time to Graduation Work? Evidence from the Italian Higher Education System

Davide Malacrino, Samuel Nocito and Raffaele Saggio

11978: Successful Entrepreneurs Come From the Top of the Earned Income Distribution

Niklas Garnadt, Lena Füner, Konrad Stahl, Joacim Tåg and Konrad O. Stahl

11977: Pricing Intermittent Renewable Energy

Stefan Ambec, Claude Crampes and Stefan Lamp

11976: Threat Perceptions and the Valuation of Defence Policy Instruments

Tobias Börger, Tim Lohse, Jürgen Meyerhoff and Salmai Qari

11975: The Distribution of Profit Shifting

Sarah Clifford, Jakob Miethe and Camille Semelet

11974: Civilian Killings and Long-Run Development: Evidence from the Korean War

Yeonha Jung, Gedeon Lim and Sangyoon Park

11973: The CPI, Inflation, and the Cost of Living: A Proposal

J. Atsu Amegashie

11972: Leveraging Social Comparisons: The Role of Peer Assignment Policies for Productivity and Stress

Julien Senn, Jan Schmitz and Christian Zehnder

11971: Competitive Price Cycles

Kai Fischer, Simon Martin and Karl Schlag

11970: Foreign Aid and Targeted Political Violence

Axel Dreher, Jingke Pan and Christina Schneider

11969: Taxation of Reusable Goods

Vidar Christiansen

11968: Limited Self-Knowledge and Survey Response Behavior

Armin Falk, Luca Henkel, Thomas Neuber and Philipp Strack

11967: The VAT Paradox in Resource Dependent Economies

Rabah Arezki, Frederick (Rick) van der Ploeg, Gregoire Rota-Graziosi, Văn Đạo Lê and Rick van der Ploeg

11966: The Critical Minerals Curse

Rabah Arezki, Frederick (Rick) van der Ploeg and Rick van der Ploeg

11965: Separation of Church and State Curricula? Examining Public and Religious Private School Textbooks

Anjali Adukia and Emileigh Harrison

11964: How to Grow an Invoicing Currency: Micro Evidence from Argentina

Felipe Benguria and Dennis Novy

11963: Local Reallocation: Lessons from Bankruptcies During Britain’s Market Integration

Tobias Korn and Jean Lacroix

11962: Optimal Dual-Regime Business Tax Systems

Rishi Sharma, Joel Slemrod, Michael Stimmelmayr, John D. Wilson and Peter Choi

11961: Too Much in One Basket? Debt Concentration and Sovereign Yields

Antonio Afonso, José Alves, Wojciech Grabowski and Sofia Monteiro

11960: Time-Varying Impacts of Government Spending on CO2 Emissions

Stefano Di Bucchianico, Mario Di Serio, Matteo Fragetta and Giovanni Melina

11959: Energy Transition and Climate Policy Uncertainty in the US: Green Versus Polluting Firms

Fekria Belhouichet, Guglielmo Maria Caporale and Luis Gil-Alana

11958: Climate Risk and Financial Stability: Some Panel Evidence for the European Banking Sector

Guglielmo Maria Caporale, Anamaria Diana Sova and Robert Sova

11957: Atmospheric Pollution in 10 US Cities: Trends and Persistence

Guglielmo Maria Caporale, Luis Gil-Alana and Nieves Carmona-González

11956: Will New Driving Technologies Change the Value of Public Transportation Investments?

Imke Reimers, Benjamin Reed Shiller and Benjamin R. Shiller

11955: Migration and the Nordic Welfare Model

Torben M. Andersen

11954: Understanding Trust in AI as an Information Source: Cross-Country Evidence

Sanchaita Hazra and Marta Serra-Garcia

11953: The Right Timing Matters: Sensitive Periods in the Formation of Socio-Emotional Skills

Laura Breitkopf, Shyamal Chowdhury, Daniel A. Kamhöfer, Hannah Schildberg-Hörisch, Matthias Sutter and Daniel Kamhöfer

11952: From Aspiration to Action? The Impact of Germany's 2015 Dublin III Suspension on Migration Intentions in Arab Countries

Andreas B. Vortisch, Evangelos Paschalidis, Michel Beine and Michel Bierlaire

11951: Hegemonic Globalization

Fernando Broner, Alberto Martin, Josefin Meyer and Christoph Trebesch

11950: The Costs of Job Displacement and the Demand for Industry-Specific Human Capital

Maor Milgrom

11949: Fuel Taxation and Environmental Externalities: Evidence from the World’s Largest Environmental Tax Reform

Piero Basaglia, Sophie M. Behr and Moritz A. Drupp

11948: In Today’s Dollars: Quantifying Economic Violence Against Blacks

Bob Chirinko

11947: Physician Labor Supply, Financial Incentives, and Access to Healthcare

Lionel Wilner and Philippe Choné

11946: Insurance and Asymmetric Information in Wage Contracts: Evidence from an Online Experiment

Daniel Herbst

11945: The Political Costs of Taxation

Eva Davoine, Joseph Enguehard and Igor Kolesnikov

11944: Green Intermediary Asset Pricing

Maxime Sauzet

11943: Fairness Properties of Compensation Schemes

Christoph Becker, Dietmar Fehr, Hannes Rau, Stefan T. Trautmann and Yilong Xu

11942: Do What You Know and Leave the Rest to the Experts: Quantifying the Gains from Efficient Trade

Mario Larch, Philipp Meinen, Arne Nagengast and Yoto Yotov

11941: Trade Diversion and Labor Market Outcomes

Natalie Chen, Dennis Novy and Diego Solórzano

11940: Basic Income and Labor Supply: Evidence from an RCT in Germany

Sarah Bernhard, Sandra Bohmann, Susann Fiedler, Maximilian Kasy, Jürgen Schupp and Frederik Schwerter

11939: The Local Job Multipliers of Green Industrialization

Federico Fabio Frattini, Francesco Vona, Filippo Bontadini and Italo Colantone

11938: Market Power, Innovation, and the Green Transition

Rik Rozendaal

11937: The Relationship Between Leverage and Profitability: The Role of Tax Depreciation Allowances

Nicos Koussis, Francesco Menoncin, Paolo M. Panteghini and Paolo Panteghini

11936: A Stairway to Success: How Parenting Shapes Culture and Social Stratification

Francesco Agostinelli, Matthias Doepke, Giuseppe Sorrenti and Fabrizio Zilibotti

11935: The Theory of Financial Stability Meets Reality

Nina Boyarchenko, Kinda Hachem and Anya Kleymenova

11934: Renewable Energy Consumption and International Trade: Does Climate Policy Stringency Matter?

Ridha Nouira, Leila Ben Salem, Sami Saafi and Christophe Rault

11933: Evaluating the Effects of the German Debt Brake: A Synthetic Control Approach

Maximilian Langer, Joshua Hassib, Lars Feld and Daniel Nientiedt

11932: The Secular Trend of the Body-Mass-Index of the U.S.-Born Population, 1882-2021, the Rise of an Obesogenic Environment, and the Decline in Willpower

John Komlos and Marek Brabec

11931: Can Privacy Technologies Replace Cookies? Ad Revenue in a Field Experiment

Zhengrong Gu, Garrett A. Johnson and Shunto J. Kobayashi