CESifo Working Paper Series

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12732: Household Behavior Below the Zero Lower Bound

Asger Lau Andersen, Niels Johannesen, Jens Brøndum Petersen, Sonja Settele and Johannes Wohlfart

12731: Long Memory in Latin American Sovereign Risk: Daily Evidence on the EMBI

Luis Rodrigo Asturias Schaub, Guglielmo Maria Caporale and Luis Gil-Alana

12730: Incentives, Surrogates, and Long-run Vaccination

Pol Campos-Mercade, Armando Meier, Stephan Meier, Devin Pope, Florian H. Schneider and Erik Wengström

12729: When Knowledge Matters: Learning HIV Status, Sexual Behavior, and Relationship Dynamics

Dominik Jockers, Sarah Langlotz, Sebastian Vollmer, Frank Tanser and Till Bärnighausen

12728: How (Not) to Ask About Undeclared Work: Estimating Prevalence and Patterns Using a Survey Experimental Approach

Llilith Burgstaller and Lars Feld

12727: Kindergarten and Career Comebacks for Mothers: Is Access to Public School Enough?

Jocelyn Wikle and Riley Wilson

12726: Pricing Job Amenities: A Practitioner's Manual

Alex Bell

12725: Heterogeneity in Consumers' Economic Expectations Across Euro Area Countries

Lena Dräger, Michal Marenčák, Giang Nghiem and Maritta Paloviita

12724: Risk Perceptions and Protective Behaviors at the Onset and Outset of the COVID-19 Pandemic

Joan Costa-i-Font, Melcior Rossello-Roig, Caroline Rudisil and Luca Salmasi

12723: One Great Pool or Many? Measuring Global Oil Market Integration Using a Dynamic Time Warping-Hierarchical Cluster Approach

Marc Gronwald and Luyao Zhu

12722: Social Anxiety and Evaluative Interviews

Samantha Horn, Peter Schwardmann and Egon Tripodi

12721: The Gender of Opportunity: How Gendered Job Titles Affect Job Seeker Attraction

Paul Gorny, Petra Nieken and Martin Trenkle

12720: Climate Change in the Classroom

Stefano Carattini, Pamela Giustinelli, Marcella Veronesi and Pamela Giustinelli

12719: Equilibrium Effects in Complementary Markets: Electric Vehicle Adoption and Electricity Pricing

Pascal Heid, Kevin Remmy and Mathias Reynaert

12718: Characterizing the File Drawer: Evidence from a Meta-Analysis of Parent-Interventions Around the World

Peter Bergman, Nat Chowanajin and Peter Leopold S. Bergman

12717: De-biasing or Backlash? Confronting Prejudice Among Police Officers in India

Sofia Amaral, Kim Chaney, Victoria Kaiser, Nishith Prakash and Abhilasha Sahay

12716: The Smarter State? Artificial Intelligence and Modern State and Local Public Finance

David Agrawal and William F. Fox

12715: Macro Theory with Measured Expectations

Ralph Luetticke, Christopher Roth, Mirko Wiederholt and Johannes Wohlfart

12714: What Happens in Paris, Does Not Stay in Paris: Trade Fairs and Search and Matching Frictions

Gabor Bekes, Matyas Molnar and Claudia Steinwender

12713: Navigating the Amazon: The Incidence of Digital Service Taxes

Dominika Langenmayr and Rohit Reddy Muddasani

12712: Tax Salience: How Requiring Transparency Affects the Price of Equality

Ashley C. Craig, Itai Sher and Ashley Craig

12711: Learning From False Stories

Robin Musolff, Christopher Roth and Florian Zimmermann

12710: Growing Together and Apart: Scale Economies and Labor Specialization in Global Value Chains

Björn Thor Arnarson, Magnus Tolum Buus, Andreas Moxnes, Jakob Munch and Chong Xiang

12709: The Link Between Monetary Policy and the Labor Share - New Empirical Evidence and Theoretical Considerations

Harald Badinger, Christian Glocker and Stefan Schiman-Vukan

12708: Do People Support Information Campaigns About Inequality?

Sebastian Blesse, Philipp Lergetporer, Clara-Marie Pache and Helen Zeidler

12707: Does Military Spending Stabilize or Destabilize Governments? International Analysis

Rajeev Goel and Michael Nelson

12706: Estimating the Demand for a Digital Euro: A Survey Approach for France, Germany and Italy

Bernd Hayo, Matthias Neuenkirch and Manuel Walz

12705: Extreme Weather Events and Mental Health Services Use Among Working-Age Adults

Noel Del Castillo, Harold Cuffe and Ilan Noy

12704: On the Relative Deservingness of Capital and Labor

Florian H. Schneider, Vanessa Valero and Roberto A. Weber

12703: Family Background at Labour-Market Entry: Who Can Afford Early-Career Risk?

Esperanza Vera-Toscano and Ana Gamarra Rondinel

12702: Trade, Skills and Productivity

Giordano Mion and Joana Silva

12701: Tariffs and Capital Flows

Sugata Marjit, Gouranga Das, Mausumi Kar, Ujjyini Kar and Lei Yang

12700: Hypocrisy in a Simple Social Interaction Model

Mikhail Anufriev, Kirill Borisov and Mikhail Pakhnin

12699: La Bohème? Labour Market Outcomes among Artists in Europe and the Effects of Cultural Policy

Ioannis Laliotis and Christos A. Makridis

12698: Optimal Default in a Small Open Economy: Senegal’s Hidden Debt Crisis

Louphou Coulibaly and Abdoulaye Ndiaye

12697: From People’s War to People’s Rule: Rebel Governance and the Foundations of Inclusive Democracy

Bhishma Bhusha, Soledad Artiz Pillaman, Michael J. Callen, Deepak Singharia, Rohini Pande and Apurva Subedi

12696: A Practical Guide to Instrumental Variables Methods with Heterogeneous Treatment Effects

Tymon Stoczyński, Liang Sun, S. Derya Uysal and Derya Uysal

12695: The Survival of the Energy-Fittest: Evidence from French Manufacturing Firms

Ara Jo and Sébastien Houde

12694: Slice to Protect

Peter Eppinger, Bohdan Kukharskyy, Alireza Naghavi and Gianmarco Ottaviano

12693: Intergenerational Transmission of Victimization

Sonia Bhalotra, N. Meltem Daysal, Mathias Fjellgaard Jensen, Thomas H. Jørgensen and Sébastien Montpetit

12692: Dishonesty in Complex Environments: Deliberate Lies, Shortcuts, or Accidental Mistakes?

Pascal Nieder and Sven Arne Simon

12691: Science on the Move: How Experiential Pedagogy Shapes Human Capital

Nitin Kumar Bharti, Samreen Malik, Abhiroop Mukhopadhyay and Nishith Prakash

12690: Determinants of Tobacco Tax Noncompliance: Evidence Among German Smokers

Maike Roth and Friedrich Schneider

12689: Pluralism Breeds Tolerance

Folco Panizza, Eugen Dimant, Erik Kimbrough and Alexander Vostroknutov

12688: Cues, Attention, and Charitable Giving

Luca Henkel, Christoph Oslislo and Frederik Schwerter

12687: The Complementary Role of Information and Contraceptive Access in Teen Pregnancy

Sevin Kaytan, Stwarth Piedra-Bonilla and Tom Zohar

12686: On Causal Inference with Model-Based Outcomes

Dmitry Arkhangelsky, Kazuharu Yanagimoto and Tom Zohar

12685: Separations Revisited: Do Layoffs or Quits Drive Lower Separation Rates in High-Quality Firms?

Cauê Dobbin, Daniel Fernandez and Tom Zohar

12684: The Price of Protection: Tariff Incidence and Import Collapse Under the Infamous Smoot-Hawley Tariff

Kris James Mitchener and Mathieu Pedemonte

12683: Private Interest in the Public Good: Cholera and the Origins of Sanitary Reform

Daniel Gallardo-Albarrán and Kalle Kappner

12682: Optimal Immigration Policy in the Face of Potential Radicalization

Alessandro Cigno, Alessandro Gioffré and Annalisa Luporini

12681: AI Sycophancy and Decisions

John Conlon and Peter Schwardmann

12680: Performance Pay in the Hybrid Work Economy

Jean-Victor Alipour

12679: Expenditure Cuts vs. Tax Hikes: Economic Effects of Municipal Consolidation Strategies

Zohal Hessami, Maximilian Thomas and Georg U. Thunecke

12678: The Sum of All (Workplace) Fears: How Managers Mediate the Fear of AI Job Displacement

Christos Makridis and Christos A. Makridis

12677: The Economic Costs of Health Protection During COVID-19: A Sign-Restricted Var Analysis Across Countries

Michaela Paffenholz and Gerome Wolf

12676: The Heterogeneous Bank Lending Channel of Monetary Policy

Jorge Abad, Saki Bigio, Salomon Garcia-Villegas, Joël Marbet and Galo Nuño Barrau

12675: The Euro as an Optimum Currency Area? A Reappraisal

Moritz Pfeifer and Gunther Schnabl

12674: Are Gender Norms Shaped by Who Earns More?

Hanna Brosch, Elisabeth Grewenig, Philipp Lergetporer, Katharina Werner and Helen Zeidler

12673: Demand for Conversational AI: Purpose, Price, and the Social Cost of Wanting a Companion

Elliott Ash, Francesco Capozza and Sergio Galletta

12672: Mind the Break-Up: When Policy Disrupts Firms' Supply Chains

Holger Breinlich, Elsa Leromain and Martina Magli

12671: The Macroeconomics of Wage Rigidity and Job Separations

Andrés Blanco, Andrés Drenik, Christian Moser and Emilio Zaratiegui

12670: Fiscal Policy and Transition Risk

Stefano Carattini, Garth Heutel, Givi Melkadze and Inès Mourelon

12669: Airline Merger Effects Along the Exposure Distribution

Benjamin Leyden

12668: The Working Life of a Teacher: Lessons from the Danish Matched Student-Teacher Data

Maria Humlum, Helena Skyt Nielsen, Marianne Simonsen and Helena Skyt Nielsen

12667: End-of-life Medical Spending: Patterns and Household Spillovers

Alexander Ahammer and Lea-Karla Matic

12666: Patents, Firm Rents, and Worker Compensation: Causal Evidence from Quasi-Random Patent Allocation

Afroza Alam and André Diegmann

12665: The ifo Business Climate Index for Germany: A Vintage Dataset

Klaus Wohlrabe and Stefan Sauer

12664: Charging the Transition: Directed Technical Change with Enabling Technologies

Maria Alsina-Pujols and Isabel Hovdahl

12663: Indirect Estimators of Intergenerational Mobility

Andrea Del Pizzo, Martin Nybom and Jan Stuhler

12662: Immigration Enforcement Visibility and Consumer Spending

Uma De Balanzo, Nuria Rodriguez-Planas, Jennifer Roff and Núria Rodríguez-Planas

12661: Gender Representation and Collective Decision-Making in Expert Committees

Rigissa Megalokonomou

12660: Divided We Act: The Role of Social Sanctions in a Polarized World

Eugen Dimant, Michele Gelfand, Anna Hochleitner and Silvia Sonderegger

12659: (De-)Radicalizing the Radical Right with Slanted News on Immigration

Christian Koch and Jean-Robert Tyran

12658: After D-day? Destruction, Catch up, and Leapfrog

Lisa Chauvet, Abel Francois and Jean Lacroix

12657: When Religion Shapes Redistribution: Islamic Economic Provisions and Income Inequality

Mahmut Zeki Akarsu and Moamen Gouda

12656: Credit Supply, Firms, and Earnings Inequality

Christian Moser, Farzad Saidi, Benjamin Wirth and Stefanie Wolter

12655: Immigrant Business Owner Activity in the Pandemic and Recovery

Robert Fairlie and Robert W. Fairlie

12654: Prenatal Conditions and Midlife Mental Health: Evidence from an Alcohol Policy Experiment

Evelina Linnros and J. Peter Nilsson

12653: Do AI Expectations Reduce Unemployment in the United States? Evidence from an AI Attention Index

Erdinc Akyildirim, Suzan Bekci and Giray Gözgör

12652: Growth Is Getting Harder to Find, Not Ideas

Teresa Fort, Nathan Goldschlag, Jack Liang, Peter K. Schott and Nikolas Zolas

12651: Capital and Labor Income Mobility

Marco Ranaldi, Joël Bühler, Roberto Iacono and Mathias Bühler

12650: The Stock Market Effects of the 2022 Russia Sanctions: Evidence from the US and the EU

Matthijs Leusen, Harry Garretsen, Francesco Giumelli and Tristan Kohl

12649: Persistence and Long-Run Linkages Between US Stock Market Prices and Bond Yields

Juan Diego Cafferata Salazar, Guglielmo Maria Caporale and Luis Gil-Alana

12648: On von Stackelberg Leadership in a Cartel-Fringe-Renewables' Model of Exhaustible Resource Extraction

Simon Elgersma, Hassan Benchekroun, Gerard Cornelis van der Meijden and Cees A. Withagen

12647: Triggering the Green Transition; Policies for Transitional Dynamics

Frederick (Rick) van der Ploeg and Anthony Venables

12646: Regulating Physicians’ Prices in the Presence of Health Platforms

Chiara Canta, Leonardo Madio, Andrea Mantovani and Carlo Reggiani

12645: Revealed Preference for Redistribution and the Role of Government

Matthias Rodemeier and Gregory Sun

12644: Organized Crime, Hidden Pollution, and Long-run Health Costs

Davide Cipullo, Massimiliano Onorato and Gianmario Pelleschi

12643: Estimating Tax-Dependent Compliance: Theory and Evidence from Trade Wars

Andrew Bibler, Yuting Gao, Laura Grigolon and Mark Tremblay

12642: Dual Income Taxation and Top Income Shares

Michele Ceraolo, Roberto Iacono and Fernando Rios-Avila

12641: Instrumental-Variable Poisson PML with High-Dimensional Fixed Effects

Ohyun Kwon, Mario Larch, Jangsu Yoon and Yoto Yotov

12640: Differential Capital Taxation and Risk Premia: A Separation Result

Francesco Menoncin and Paolo Panteghini

12639: A Bargaining Theory of the Leverage-Profitability Relationship

Paolo Panteghini

12638: From Micro Filters to the Macro Slope

Engin Kara

12637: Fundraising Goals and Charitable Giving

Christoph Oslislo and Frederik Schwerter

12636: Worker- and Firm-Level Effects of an Outsourcing Ban

Uğur Aytun, Eren Gürer and Erol Taymaz

12635: Exchange Rate Insulation Revisited

Giancarlo Corsetti, Keith Kuester, Gernot J. Müller, Sebastian Schmidt, Ben Schumann and Gernot Müller

12634: Gambling for Retirement: The Hidden Costs of Savings Lotteries in a Nationwide Experiment

Matthias Rodemeier, Jared Gars, Justin Holz, Egon Tripodi and Juan Miguel Villa

12633: The Strait of Hormuz, Towards a Long-Lasting Solution

Massoud Karshenas, Hashem Pesaran, Ronald Smith and M. Hashem Pesaran